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Across the cryptocurrency sphere, diverse fluctuations define the current landscape. Presently, about 9% of cryptocurrencies are showing positive trends. Astar leads the gainers today, boasting an impressive 36.18% surge in the last 24 hours. Meanwhile, Internet Computer marks the largest decline, experiencing a notable -13.39% downturn in the same timeframe.
Biggest Crypto Gainers Today – Top List
In recent news, the NFT trading platform NFT Trader experienced a security breach. This resulted in the unauthorized access and theft of All Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs). The cost of the hacked tokens was valued at nearly $3 million on December 16.
However, prompt action was taken by a community-led initiative to recover these tokens. This action was taken primarily by Boring Security, a non-profit Web3 security project funded by ApeCoin.
1. Astar (ASTR)
Astar’s had a wild ride last year, with its price shooting up by 169%. This surge is impressive, considering it outpaced about 79% of the top 100 crypto assets. Moreover, the coin started its trading day among the top crypto gainers today.
Right now, Astar is doing pretty well in terms of trading. It’s comfortably above the 200-day moving average, which usually indicates a steady upward trend. Over the last month, it’s had 19 good days out of 30, showing solid consistency in its positive movement.
Building a web3 business is new territory! @henskensm shares some thoughts for those just entering web3.
"Web3 remains an attractive space… to experiment and shift their mindset from building moats and walled gardens to embracing community"https://t.co/vMCg0gKdhj pic.twitter.com/Xpdbl9GrYJ
— Astar Network (@AstarNetwork) December 17, 2023
Investors are feeling optimistic about Astar, too. Predictions about its price are confident, and the market sentiment, measured by the Fear & Greed Index, shows a “Greed” status at 65.
2. Stacks (STX)
Stacks currently show positive price prospects, registering a Greed sentiment of 65 on the Fear & Greed Index. The coin has 1.43 billion STX in circulation out of a maximum supply of 1.82 billion. Moreover, STX’s yearly supply inflation rate is 6.19%, creating 83.28 million STX over the past year.
Within the market cap rankings, Stacks holds the 14th position in the Ethereum (ERC20) Tokens sector. Furthermore, it ranks 26th in the Layer 1 sector, clinching a spot among the top crypto gainers today. Stacks demonstrates substantial liquidity based on its market cap, suggesting considerable trade volume.
Bitcoin will scale in layers 🧡
⭐ @Bitflow_Finance Founder @StacksDeveloper on why sBTC & the Nakamoto Upgrade will make Stacks the number one choice for building on Bitcoin in layers. pic.twitter.com/tZfB2qxMn1
— stacks.btc (@Stacks) December 16, 2023
Over the last year, its price has soared by 383%, outpacing 90% of the top 100 crypto assets. Additionally, it consistently trades above the 200-day simple moving average. The token has also seen positive trading for 19 days out of the last 30, indicating a 63% positive trading frequency.
3. Injective (INJ)
INJ makes another entry into the top crypto gainers today. Injective shows a positive price outlook, backed by a Fear & Greed Index indicating 65 (Greed).
Regarding market rankings, Injective holds #5 in DeFi Coins, #3 in Layer 2, and #1 in AI Crypto sectors. INJ experienced a 2,145% price increase last year, surpassing 99% of the top 100 crypto assets, including Bitcoin and Ethereum. Moreover, it maintains a position above the 200-day moving average and displays positive performance compared to its token sale price.
INJ holders are able to delegate their tokens to one of the 135 existing validators 🥩
Here's a step-by-step guide on how to transfer and delegate INJ from @coinbase ⬇️https://t.co/locSLNqoL3
— Injective 🥷 (@injective) December 16, 2023
Recent trends indicate 15 positive trading days in the last 30 days, marking a 50% upward trend. Currently trading close to its cycle high, Injective demonstrates high liquidity based on its market cap.
4. WOO Network (WOO)
Over the past year, WOO Network’s price surged by a whopping 220%, showing remarkable growth. It surpassed 83% of the top 100 crypto assets and outperformed big players like Bitcoin and Ethereum. Currently, it’s trading above the 200-day moving average, indicating a positive trend compared to its initial sale price.
In the last month, WOO Network had 16 days of price growth out of 30, which makes up 53% of the time. Its market cap indicates good liquidity, meaning it’s fairly easy to buy and sell.
The $1,000,000 #WOOWTF begins NOW!
Start trading, compete your way to the top, and relish in the ravishing $1M prize pool.
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— WOO X (@_WOO_X) December 18, 2023
WOO Network’s price is $0.389596, with a 24-hour trading volume of $196.67M and a market cap of $693.86M. Over the past day, it saw a 4.74% increase, showing ongoing activity in the market. With 1.78B WOO in circulation out of 3.00B WOO, it’s experiencing a yearly supply increase of 49.10%. This has added 586.52M WOO in the past year.
5. Storj (STORJ)
STORJ storms into the top crypto gainers today with a 4.36% intraday increase. The token’s price is $1.089534, with a trading volume of $475.80M and a market cap of $428.29M. Its market dominance stands at 0.03%, showcasing a 4.36% increase recently. Furthermore, Storj’s market sentiment appears bullish, with a Fear & Greed Index at 65 (Greed).
Storj holds the 37th position among Ethereum (ERC20) Tokens and ranks 50th in the Layer 1 sector. Key highlights include a remarkable 299% price increase in the past year, surpassing 86% of the top 100 crypto assets during this period.
Only you should control your data. So we developed a distributed #cloudobjectstorage solution to store data globally across statistically diverse nodes, with S3 compatibility & #zerotrust principals for #security & compliance-minded organizations:https://t.co/IyruI2yVIm
— Storj (@storj) December 13, 2023
It has also outperformed Bitcoin and Ethereum, consistently trading above its 200-day simple moving average. Moreover, recent trends indicate 16 green days out of the last 30 (53%) and current trading near its cycle high. The token maintains high liquidity based on its market cap and sustains a negative yearly inflation rate of -4.80%.
6. Bitcoin ETF Token (BTCETF)
The Bitcoin ETF Token project has been making waves in proposing a simpler way to invest in Bitcoin through an Exchange-Traded Fund (ETF) using tokens. This revolves around the hope that a Bitcoin ETF might soon get approval from regulators, potentially boosting Bitcoin’s value by 1 to 3 times its current worth.
Investors have shown keen interest, backing the project with $4,707,387, surpassing its $5,059,485 target. This strong financial support reflects confidence in the Bitcoin ETF Token within the cryptocurrency market. It’s also notable as the project stands among the top gainers in today’s crypto market.
#BitcoinETF includes a 5% burn levy on each transaction, gradually decreasing the #Token supply over time.
The strategy involves burning 25% of the tokens at key milestones to ease selling pressure. 🔥📉 pic.twitter.com/BCpsB9pnIV
— BTCETF_Token (@BTCETF_Token) December 18, 2023
Essentially, the Bitcoin ETF Token project aims to make investing in Bitcoin easier using an ETF structure. Its ability to secure substantial funding indicates a belief in its potential impact within the crypto landscape.
7. EthereumPoW (ETHW)
Ethereum PoW price is $2.83 with a 24-hour trading volume of $37.36M. ETHW boasts a market cap of $304.75M, reflecting a market dominance of 0.02%. Over the last 24 hours, the price has risen by 3.77%, entering the top crypto gainers today.
Sentiment analysis leans towards bullish, and the Fear & Greed Index registers 65, indicating “Greed” sentiment among investors. Ethereum PoW’s circulating supply is 107.82M out of a maximum of 107.20M tokens. The yearly inflation rate is 0.47%, creating 508,117 ETHW over the past year.
🚀 Seeking $200k for EthereumPoW (2024) operational funds. Maintaining ETHW Core servers and recruiting 1.5 part-time engineers. Your support ensures stability!
🌐 #ETHW #CryptoCommunity #ethereumPoW @awsbclub_cn
— EthereumPoW (ETHW) Official (@EthereumPoW) December 1, 2023
Within the Ethereum (ERC20) Tokens sector, Ethereum PoW holds the #50 rank by market cap. Noteworthy attributes include trading above the 200-day simple moving average. Moreover, it has seen 15 positive trading days out of the last 30 (50%) and robust liquidity.
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