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Over the past 24 hours, some cryptocurrencies have shown positive movement. Akash Network claimed the top spot among gainers, with an impressive 14.33% increase. Conversely, Bonk experienced the most substantial decline, marking a loss of -20.39% during the same period.
Biggest Crypto Gainers Today – Top List
KuCoin has recently agreed to settle a legal matter by paying $22 million. This resolution was disclosed in court documents filed at the State of New York County Supreme Court. The verdict includes the cessation of services for users residing in New York state.
1. FTX Token (FTT)
FTX Token (FTT) enters the top crypto gainers today with a trading volume of $193.52M and a market cap of $1.79B, holding a 0.11% market dominance. Over the last 24 hours, FTT has surged by 16.12%, hitting $5.43. Market sentiment leans bullish for FTX Token, reflected in a Fear & Greed Index of 65 (Greed).
FTX Token holds a circulating supply of 328.90M FTT out of a maximum of 352.17M FTT. Moreover, it is ranked #6 in the Exchange Tokens sector based on market cap. Key highlights include a 292% price increase over the past year, outperforming 87% of the top 100 crypto assets.
Furthermore, FTT maintains a consistent position above the 200-day simple moving average. Over the last 30 days, FTT had 17 positive trading days, accounting for 57% of the total.
2. Akash Network (AKT)
Over the last year, Akash Network has surged by an impressive 807%, outshining 96% of the top 100 crypto assets. It’s trading above its 200-day moving average and has seen a positive trend on 18 out of the last 30 days, indicating a 60% increase.
As of the latest data, Akash Network’s price is $1.898121, with a trading volume of $9.18 million in the last 24 hours. This propels its market cap to $423.32 million, holding a market dominance of 0.03%. The recent 12.76% surge further bolsters its upward momentum.
The market sentiment remains bullish, indicated by a Fear & Greed Index at 65, reflecting a certain level of greed in the market. Akash Network has a circulating supply of 223.02 million AKT out of a maximum of 388.54 million, coupled with an annual supply inflation rate of 95.87%.
3. Axelar (AXL)
Axelar (AXL) trades at $0.851308, marking a 13.30% increase in the last 24 hours with a trading volume of $36.12M. Its market cap is $427.02M, claiming 0.03% market dominance.
Axelar has 501.60M AXL tokens in circulation, showing a yearly supply inflation rate of 585.89%, with 428.47M AXL created last year. Key highlights include a 115% price surge over the past year, outperforming 72% of the top 100 crypto assets.
Moreover, it consistently trades above the 200-day moving average, with 18 positive trading days in the last 30 (60%). Axelar’s strong liquidity is attributed to its market capitalization, signaling a current proximity to the cycle high.
4. Storj (STORJ)
Storj price today is $ 0.745332 with a 24-hour trading volume of $ 347.03M, market cap of $ 287.38M, and market dominance of 0.02%. The STORJ price increased 9.54% in the last 24 hours, placing it among the top crypto gainers today.
The Storj price prediction sentiment is bullish, while the Fear & Greed Index is 65 (Greed). Moreover, Storj’s performance metrics and negative yearly supply inflation rate underscore its unique position within the crypto space.
Storj’s current circulating supply is 385.57M STORJ out of the max supply of 425.00M STORJ. The current yearly supply inflation rate is 6.63%, meaning 27.37M STORJ were created last year. Regarding market cap, Storj is currently ranked #47 in the Ethereum (ERC20) Tokens sector and #56 in the Layer 1 sector.
5. Bitcoin ETF Token (BTCETF)
The Bitcoin ETF Token has garnered attention as a potential avenue for investors to access Bitcoin more easily. The primary objective of this initiative is to establish a Bitcoin Exchange-Traded Fund (ETF) using tokens for investment purposes.
The focus centers on the potential approval of a Bitcoin ETF and its speculated impact on increasing Bitcoin’s value. If the ETF receives regulatory approval, Bitcoin’s price could experience a surge estimated to be between 1 and 3 times its current value.
https://twitter.com/BTCETF_Token/status/1734860770268111245?s=20
Noteworthy is the investor interest the project has attracted. It has already secured $3,775,582 in funding, surpassing its targeted goal of $3,864,976. This substantial financial backing underscores confidence in the potential of the Bitcoin ETF Token within the cryptocurrency market. Moreover, it positions the coin among the top crypto gainers today.
6. Tellor (TRB)
Tellor has experienced a significant price surge in the past year, marking a 763% increase. This surge has notably outperformed 96% of the top 100 crypto assets, including Bitcoin and Ethereum. It also trades above the 200-day simple moving average, indicating an upward trend. Moreover, the coin exhibits high liquidity, as reflected in its market cap.
Currently, Tellor’s price stands at $115.49 with a 24-hour trading volume of $553.88M. It also boasts a market cap of $290.82M, claiming a market dominance of 0.02%. Its recent increase of 6.43% in the last 24 hours highlights its ongoing momentum.
The sentiment around Tellor’s price prediction remains bullish, with a Fear & Greed Index rating of 65 (Greed). Furthermore, Tellor experienced a yearly supply inflation rate of 10.98%, creating 249,074 TRB in the past year. In the DeFi Coins sector, it holds the 23rd position in terms of market cap and ranks 53rd among Ethereum (ERC20) Tokens.
7. Siacoin (SC)
Siacoin has shown a notable price surge, marking a 201% increase over the past year, surpassing 86% of the top 100 crypto assets within the same timeframe. Notably, it has outperformed leading cryptocurrencies like Bitcoin and Ethereum. Siacoin trades above the 200-day simple moving average, signaling positive market momentum.
Recent trends reveal a substantial 5.37% increase in the last 24 hours, alongside 21 green days out of the previous 30, indicating a 70% positive trend. The coin also maintains high liquidity, evidenced by its market cap of $438.24M, with a 24-hour trading volume of $15.51M.
This contributes to the market dominance of 0.03%, placing SC among today’s top crypto gainers. Market sentiment suggests a bullish outlook, coinciding with a Fear & Greed Index of 65 (Greed).
The December 2023 edition of The State of Sia is out now! Dive into the latest Sia developments as we gear up for the V1 releases of renterd, hostd, and walletd. 🛠️
Check out what's new now!👇https://t.co/asUDYUa4MH
— Sia Foundation (@Sia__Foundation) December 8, 2023
Regarding supply dynamics, Siacoin currently has a circulating supply of 55.91B SC out of a max supply of 52.54B SC. This has led to a yearly supply inflation rate of 6.35%, equating to the creation of 3.34B SC over the past year. Siacoin holds the #9 position in the Proof-of-Work Coins sector and ranks #49 in the Layer 1 sector based on market cap.
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