Top Crypto Gainers Today Dec 11 - Kujira, Astar, Tellor, Optimism

Join Our Telegram channel to stay up to date on breaking news coverage

In the past 24 hours, cryptocurrency markets have shown a mixed performance, with 14% of listed coins experiencing positive movement. Among the gainers, Injective stands out with a 21.70% increase, while FTX Token registered the highest loss, declining by 11.93%.

Biggest Crypto Gainers Today – Top List

Over the last year, Rollbit Coin has emerged as the most promising performer, exhibiting a substantial gain of 8,494.00%. Specifically, in 2022, Rollbit Coin maintained its upward trend, recording an impressive 6,857.00% gain since the year began.

1. Bonk (BONK)

Bonk has rallied over the past 24 hours, entering the top crypto gainrs today. The coin demonstrates several noteworthy trends in its recent trading activity. It is trading above its 200-day simple moving average, signifying a positive trend. Over the past 30 days, Bonk has experienced 17 days of gains, accounting for 57% of the observed period, indicating a majority of positive movements.

Bonk boasts high liquidity, supported by its market capitalization of $ 574.08M. Moreover, a 24-hour trading volume of $ 122.11M positions it as a notable entity in the market. Its market dominance currently sits at 0.04%. Regarding supply, 46.50T BONK tokens are circulating out of a maximum supply of 100.00T BONK.

Want to know how you can earn more BONK?
Come and watch @TheOnlyNom present Build on BONK in 30 minutes.

Feeling @TaipeiWeek FOMO?
Feel free to participate in our BONK for Paws contest here on X and IG to win 6.88 million BONK!#BONKforPaws #TBW2023 https://t.co/E5HBzGwQEA pic.twitter.com/z82CxGrIFC

— BONK!!! (@bonk_inu) December 11, 2023

Per sentiment analysis, the prediction for Bonk’s price is bullish. Additionally, the Fear & Greed Index, indicating market sentiment, register at 74, reflecting a state of “Greed.”

2. Tellor (TRB)

Tellor’s year is highlighted with an upward trend, resulting in a 653% price increase. This surge positions it among the top 4% of crypto assets in terms of performance, outstripping Bitcoin and Ethereum during this period. Tellor’s current trading price is $103.30, supported by a strong 24-hour trading volume of $638.37 million. Moreover, it holds a market cap of $259.84 million, signifying commendable liquidity.

Technically, Tellor is trading above its 200-day simple moving average, indicating a positive trend. Moreover, the sentiment surrounding Tellor’s price prediction is bullish, reflecting investors’ optimism. Additionally, the Fear & Greed Index stands at 74, indicating a state of “Greed” within the market sentiment.

I got you beau.

Pyth/USD now available on mainnet, sepolia, and mumbai. https://t.co/h7MNMevnNM pic.twitter.com/JkSYJ8hRIO

— Tellor (@WeAreTellor) December 8, 2023

Regarding supply dynamics, Tellor has a circulating supply of 2.52 million TRB out of a maximum supply of 2.41 million TRB. The yearly supply inflation rate is at 10.86%, creating 246,346 TRB in the last year.

3. Synthetix (SNX)

Synthetix (SNX) has seen significant changes over the past year, marked by a substantial 137% increase in its price. This surge positions it favorably against 78% of the top 100 crypto assets, showcasing its outperformance in the market.

Currently, SNX is trading above its 200-day simple moving average, indicating a positive trend in its value. Moreover, compared to its initial token sale price, it has demonstrated a commendable positive performance.

SNX has observed 19 green days out of the last 30, examining recent trends reflecting a 63% positive trading trend. Additionally, it’s important to note that it’s trading near its cycle high, which could influence its future trajectory.

Next week, we're hosting a Spartan Space to explore the upcoming Andromeda Release in detail.

Join us for an in-depth look at Andromeda, including – Core V3, Perps V3, the introduction of USDC as collateral/margin, and our deployment on @BuildOnBase. pic.twitter.com/tBWjQo6BoC

— Synthetix ⚔️ (@synthetix_io) December 8, 2023

Liquidity appears robust for SNX, considering its market capitalization, $529.53M, and a 24-hour trading volume of $742.67M. The overall sentiment toward SNX’s price prediction is bullish, accompanied by a Fear & Greed Index reading of 74 (Greed).

4. Kujira (KUJI)

With a 567% increase over the past year, Kujira has entered the top crypto gainers today. This surge has positioned Kujira as an outperformer, surpassing 95% of the top 100 crypto assets within the same timeframe. Notably, it has also shown stronger performance compared to industry giants Bitcoin and Ethereum.

Currently trading at $3.89, Kujira maintains a 24-hour trading volume of $2.64M, with a market cap of $475.41M and a market dominance of 0.03%. Its price has recently seen an 8.34% increase within the last 24 hours.

📢 Announcing our new FIN listing, $RIO 💥

With the new $RIO – $USK pair, we launched a BOW LP designed to provide liquidity and allow you to earn rewards 🔥

We also have lending and borrowing features on the horizon! 👀

But first, let’s dive into what $RIO is all about👇

— Kujira 🉐 (@TeamKujira) December 8, 2023

Technically, Kujira’s price exceeds the 200-day simple moving average, signaling a positive trend. Over the last 30 days, it has shown 15 days of positive performance, accounting for 50%. The sentiment surrounding Kujira’s price prediction leans towards bullish, concurrent with a Greed rating of 74 on the Fear & Greed Index.

5. Optimism (OP)

Optimism has surged by 121%, positioning it as an outperformer compared to 74% of the top 100 crypto assets within the same timeframe. This surge has positioned the coin above its 200-day simple moving average, reaching a trading level close to its cycle high. The coin also maintains high liquidity, evident from its market capitalization.

As of the latest data, Optimism is valued at $2.32, experiencing a 24-hour trading volume of $1.33 billion. Its market capitalization is $497.94 million, with a market dominance of 0.03%. Over the last 24 hours, Optimism observed a 5.69% increase in price.

6. Bitcoin ETF Token (BTCETF)

The emergence of the Bitcoin ETF Token marks a notable development in the cryptocurrency domain, attracting significant attention from investors seeking a consolidated avenue for Bitcoin exposure. The primary aim of this initiative revolves around creating a Bitcoin Exchange-Traded Fund (ETF) and offering a singular token-based investment mechanism.

The project strategically aligns itself with the ongoing process of seeking approval for a Bitcoin ETF, presenting a distinct proposition to investors by focusing on this aspect. Its core premise hinges on leveraging the potential impact of ETF approval on Bitcoin’s value, as suggested by industry experts. These claims suggest a potential surge in Bitcoin’s price by a factor of 1-3 upon ETF approval.

📢 Announcing our new FIN listing, $RIO 💥

With the new $RIO – $USK pair, we launched a BOW LP designed to provide liquidity and allow you to earn rewards 🔥

We also have lending and borrowing features on the horizon! 👀

But first, let’s dive into what $RIO is all about👇

— Kujira 🉐 (@TeamKujira) December 8, 2023

The project’s traction among investors is evident, having raised $3,490,047 towards its $3,864,976 funding goal. This surge in investor interest underscores the perceived potential of the Bitcoin ETF Token as a compelling opportunity within the cryptocurrency landscape.

7. Astar (ASTR)

Astar’s performance in the past year reflects a notable increase in its price by 74%, positioning it favorably compared to 64% of the top 100 crypto assets. It’s currently trading above the 200-day simple moving average. It has experienced 18 positive trading days out of the last 30, accounting for a 60% uptrend. The coin also maintains high liquidity based on its market capitalization.

As of the latest data, the price of Astar stands at $0.075977 with a 24-hour trading volume of $58.49M. It secured a market cap of $409.92M and a market dominance of 0.03%, placing it among the top crypto gainers today. Over the past day, Astar observed a 3.24% increase in price.

🪙 ASTR tokenomics 2.0 value proposition is affected by 3 deflationary forces:

1️⃣ 80% of ASTR used for gas on Substrate ➡️🔥
2️⃣ Astar zkEVM platform income ➡️🔥
3️⃣ Unused dApp staking rewards ➡️🔥

Read more below 👇https://t.co/59mvmbRPjo pic.twitter.com/0N2KMz5T9G

— Astar Network (@AstarNetwork) December 10, 2023

Market sentiment towards Astar appears bullish, coinciding with a Fear & Greed Index reading of 74 (Greed). The circulating supply of Astar presently amounts to 5.40B ASTR out of a maximum supply of 7.00B ASTR. The yearly supply inflation rate is 42.20%, with 1.60B ASTR generated last year.