Top Crypto Gainers Today Dec 20 - Stacks, Bitcoin Minetrix, Solana, VeChain

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In the recent 24-hour span, the cryptocurrency market has shown a mixed movement, with approximately 26% of listed cryptocurrencies experiencing positive gains. Among these, Livepeer emerges as the top crypto gainer today, showcasing a notable 30.86% increase during this period. Conversely, Gnosis is today’s top loser, depicting a -5.90% loss over the same duration.

Biggest Crypto Gainers Today – Top List

Examining the performance over a year, Injective has displayed exceptional growth, achieving a significant gain of 2,848.00%. Furthermore, the recent surge in altcoins has notably included tokens like Dogwifhat. Many of these tokens have displayed staggering increases, exceeding 1,000% within days despite being traded at very low values, typically fractions of a cent.

1. Stacks (STX)

Stacks’s movement in the last year has been impressive. The token made a 522% price leap, earning a spot among the top crypto gainers today. With this growth, STX surpassed 92% of the top 100 crypto assets. The coin trades above the 200-day moving average, indicating a sustained upward trend.

Over the past 30 days, Stacks has shown positivity on 18 days, marking a bullish sentiment for 60%. Moreover, the market sentiment leans towards a bullish outlook for Stacks. This sentiment is reflected in a Fear & Greed Index 74, indicating a certain level of market greed.

Stacks builders are at the forefront of growing the Bitcoin economy 🧡

⭐ @ZestProtocol Founder @TychoOnnasch on how the Stacks Nakamoto upgrade transitions Stacks into a layer 2 for Bitcoin 👇 pic.twitter.com/rOXqmsCpI2

— stacks.btc (@Stacks) December 19, 2023

Regarding its supply metrics, Stacks has a circulating supply of 1.43 billion STX out of a maximum supply of 1.82 billion STX. The yearly supply inflation rate stands at 6.21%, creating around 83.56 million STX in the past year. Stacks holds the 12th position in the Ethereum (ERC20) Tokens sector by market cap and ranks 25th in the Layer 1 sector.

2. NEAR Protocol (NEAR)

NEAR enters the top crypto gainers today at $2.88, exhibiting a 24-hour trading volume of $1.51 billion. With a market capitalization of $2.89 billion, the token commands a market dominance of 0.18%. Over the last day, the NEAR price surged by 18.96%, indicating considerable market movement.

Analyzing current market sentiment, NEAR Protocol exhibits a bullish price prediction sentiment. Similarly, the Fear & Greed Index stands at 74 (Greed), suggesting a prevalent positive market sentiment among investors. Highlighting performance metrics, NEAR Protocol has shown a 116% price increase over the past year.

https://twitter.com/NEARProtocol/status/1735058331989856377?s=20

Furthermore, the token trades above the 200-day simple moving average, reflecting a positive trend. Additionally, over the last 30 days, there have been 18 green days, accounting for 60% of the observed period. NEAR Protocol trades near its cycle high, maintaining high liquidity based on its market cap.

3. Mina (MINA)

Mina has shown considerable activity in recent trading cycles. Over the past 30 days, it has experienced 18 positive trading days. This constitutes 60% of its recent performance, signaling an upward trend. Additionally, it currently hovers near its cycle high, suggesting a position close to its peak trading value. The asset boasts high liquidity, indicated by its substantial market capitalization.

Mina’s value has grown significantly by 78% over the past year. Relative to other top 100 crypto assets, it has outperformed 54% within the same timeframe. Furthermore, it maintains a trading position above the 200-day simple moving average, showcasing a sustained upward trajectory.

Testworld Mission 2.0 Track 3 Update – End of Epoch 4 ✅

Experienced node operators are helping prepare the protocol for a major upgrade to bring easier ZK programmability and other key features to Mina mainnet 🔜

Network Performance Testing has resumed, with the overall…

— Mina Protocol (httpz) 🪶 (@MinaProtocol) December 18, 2023

As of the latest update, Mina Protocol is priced at $0.874986, reflecting a 24-hour trading volume of $293.78 million. Moreover, it signals a market capitalization of $893.18 million, contributing to a market dominance of 0.05%. The recent surge of 15.67% in the last 24 hours indicates a noteworthy short-term increase. The sentiment towards the Mina Protocol is bullish, coupled with a Fear & Greed Index registering at 74 (Greed).

4. VeChain (VET)

VeChain has seen notable performance leaps over the past year. Its current price is $ 0.036569, reflecting a considerable 124% increase from its value a year ago. This surge places it among the top 67% of crypto assets in terms of growth within the same timeframe.

Notably, VeChain has been consistently trading above its 200-day simple moving average. This trend often indicates positive market sentiment. Analyzing its current standing, VeChain holds a market cap of $ 2.66B with a market dominance of 0.16%.

We're changing the game for #dApp builders – Introducing the new #vechain dApp Kit!

We’re thrilled to share our cutting-edge frontend library, built to streamline the development of decentralized applications (dApps) on the VechainThor #blockchain.

Our comprehensive toolkit… pic.twitter.com/nufQNC5M3V

— vechain (@vechainofficial) December 6, 2023

VeChain has depicted a relatively positive trend, with 19 green days out of the last 30, amounting to a 63% positive trading record. This, coupled with its near-cycle-high trading position. Moreover, high liquidity attributed to its market cap reinforces VET’s appeal.

5. IoTeX (IOTX)

IoTeX is another entrant into the top crypto gainers today, showing impressive growth over the past year. Its price surged by 202%, launching the coin into the top gainers. It consistently traded above its 200-day average, indicating a positive trend, and currently sits close to its peak price.

In the last 30 days, IoTeX had 16 days of positive trading, making up 53% of the period. This steady upward trend and its trading price near its highest point since the last low has contributed to a bullish market sentiment. IoTeX stands out for its high liquidity, reflected in its $566.71 million market cap and $229.72 million 24-hour trading volume.

IoTeX's W3bstream has integrated with @Conflux_Network. #Conflux developers can now harness real world data to seamlessly build #DePIN dApps.

Here's what the integration means. 🧵👇https://t.co/es5feEG3A1

— IoTeX (@iotex_io) December 20, 2023

Moreover, it secured its position in the crypto market at a 0.03% dominance. Overall, IoTeX’s strong growth in price, outperformance of major cryptocurrencies, consistent upward trend, and high liquidity position it well in the market.

6. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix introduces a novel approach within the cryptocurrency sphere by allowing users to stake BTCMTX tokens for cloud mining credits. This innovative model aims to distribute control and ensure a secure mining experience for those holding these tokens.

The Bitcoin Minetrix staking pool has attracted significant attention, with a current staking volume surpassing 400,000 BTCMTX tokens. The project boasts an advertised annual percentage yield (APY) of 103,225%.

#BitcoinMinetrix has successfully raised more than $5,400,000! 🪙 pic.twitter.com/eD8FvCkXJQ

— Bitcoinminetrix (@bitcoinminetrix) December 19, 2023

During its early development stage, Bitcoin Minetrix has seen considerable traction, evidenced by its recent ascent as one of the top crypto gainers today. The ongoing BTCMTX presale has raised over $5,604,597, with tokens sold at $0.011 per unit. This growth signifies the project’s ability to draw participants and raise funds, showcasing the market’s interest in its distinctive staking mechanism.

7. Solana (SOL)

Solana’s current value stands at $81.74, with a trading volume of $6.71 billion in the last day. Its market cap is $34.97 billion, representing 2.12% of the market. In the past 24 hours, it jumped up by 12.23%. The market sentiment is bullish, with a Fear & Greed Index 74 indicating investor greed.

Supply-wise, there are 427.83 million SOL coins out of a maximum of 533.68 million. The yearly supply inflation rate is 17.89%, adding 64.92 million SOL last year. Solana ranks #2 in Proof-of-Stake Coins, #2 in the Solana Network, and #5 in the Layer 1 sectors.

Big news: @Circle’s EURC stablecoin is now available on Solana! 🪙

Now, you can use and integrate the euro-backed stablecoin with near instant settlement and extremely low fees.

Learn more 👇 https://t.co/2yXJ9hMzwc

— Solana (@solana) December 18, 2023

Solana has performed impressively, rising by 559% in a year and outdoing 91% of the top 100 crypto assets. It’s consistently traded above the 200-day simple moving average. Moreover, SOL has shown positive trends compared to its initial token sale price. It’s been green for 15 days in the last month, indicating an overall upward trend.