Top Crypto Gainers Today Dec 22 - Centrifuge, Oasis Network, Arbitrum, Tellor

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The current cryptocurrency market displays a 23% positive movement among various currencies. Raydium is today’s leading gainer, boasting a 48.21% increase in the last 24 hours. Rollbit Coin has been the most successful over the past year, marking an impressive gain of 7,626.00%. In 2022 alone, Rollbit Coin remains prominent, exhibiting a 6,138.00% gain since the year’s commencement.

Biggest Crypto Gainers Today – Top List

Furthermore, Bitcoin and several other cryptocurrencies experienced a rise in value. Bitcoin specifically surged by 2.26 percent within a 24-hour span, reaching $43,672. This increase marked a $1,608 uptick in Bitcoin’s value.

1. Centrifuge (CFG)

Centrifuge’s token value is up at $0.750638, with a 28.83% intraday rally placing it among the top crypto gainers today. CFG is trading above its 200-day moving average, signaling an upward trend. Moreover, the Fear & Greed Index shows a bullish sentiment at 74 (Greed).

Centrifuge’s market cap is $348.37M, with a circulating supply of 464.10M CFG out of a max of 430.01M CFG. Inflation-wise, it created 117.49M CFG in the past year, increasing the circulating supply by 33.90%.

2023 has been the year of RWA, with Centrifuge leading the charge. Read today's press release!https://t.co/nvlHDNqUEy

🪙 @fraxfinance has voted YES to allocate $20 million to US Treasurys on Centrifuge.

⛓ Centrifuge goes 𝘭𝘪𝘷𝘦 on @arbitrum, @buildonbase, and @CeloOrg.

🏛…

— Centrifuge (@centrifuge) December 20, 2023

In terms of performance, Centrifuge has soared by 330% in the last year, outdoing 89% of the top 100 crypto assets. It’s also performed better than big players like Bitcoin and Ethereum. Ranked #52 in Ethereum (ERC20) Tokens, Centrifuge’s recent performance has been good, especially compared to its initial sale price and closeness to a high point.

2. Oasis Network (ROSE)

ROSE has seen an ascent into the top crypto gainers today. Oasis Network’s price soared by 258% last year, outdoing 83% of the top 100 cryptocurrencies. Currently valued at $0.123403, it’s been trading strongly, having 17 positive days out of the last 30.

Furthermore, ROSE is moving above its 200-day moving average, placed close to its highest price in its trading cycle. The coin hit an all-time high of $0.592943 in January 2022. Meanwhile, ROSE’s lowest was $0.032259 in November 2020. Right now, it’s at $0.123988, hinting at a positive sentiment in its price prediction.

Introducing the Universal Privacy Alliance (UPA), a coalition of Web3 projects — including Oasis, @protocollabs, @FilFoundation, & @aztecnetwork — led by @nymproject

The UPA was established to protect and promote digital privacy rights around the globe

Let's learn more: 🧵 pic.twitter.com/LVy5UOwT8u

— Oasis (@OasisProtocol) December 21, 2023

In terms of supply, there are 6.71 billion ROSE tokens out of a maximum of 10 billion. Over the last year, almost a billion ROSE tokens were created due to a 17.25% yearly inflation rate. Ranked #16 in Proof-of-Stake Coins and #5 in AI Crypto based on market cap, Oasis Network is quite liquid.

3. Tellor (TRB)

Tellor (TRB) currently trades at $170.17, exhibiting a 24-hour trading volume of $1.53 billion and a market capitalization of $428.87 million, commanding a market dominance of 0.03%. Over the past day, TRB’s price has surged by 26.06%.

Current market sentiment leans toward a bullish projection for TRB, evidenced by a Fear & Greed Index of 74 (Greed). The circulating supply stands at 2.52 million TRB out of a maximum supply of 2.41 million TRB, experiencing a yearly supply inflation rate of 11.07%, generating 251,220 TRB in the last year.

Moreover, the current trading status positions TRB near its all-time high and cycle high. This indicates substantial liquidity relative to its market cap.

4. Arbitrum (ARB)

ARB is another entrant into the top crypto gainers today. Arbitrum is trading above its 200-day simple moving average and is nearing its peak cycle level. It boasts a market capitalization of $1.73 billion, reflecting robust liquidity. Presently valued at $1.353515, it experienced a trading volume of $2.22 billion in the last 24 hours, witnessing a significant 19.59% surge in value.

Market sentiment favors a bullish outlook on Arbitrum’s price prediction. Moreover, the Fear & Greed Index indicates a 74 (Greed) score. The circulating supply of ARB tokens stands at 1.28 billion. Arbitrum (ARB) is getting noticed in the crypto world, with predictions about its potential prices.

Thank you, Arbitrum community, for your patience and understanding during the outage on Dec 15, 2023. We recognize the impact on users with disruption in processing transactions and increased gas fees.

An investigation was conducted 👇https://t.co/THWmglxLvA
🧵

— Arbitrum (💙,🧡) (@arbitrum) December 21, 2023

If the market improves, experts think ARB could hit about $20.06 at its peak. Looking ahead to 2023, they expect the average price to be around $17.75. But if the crypto market goes down, ARB might drop to about $15.34 in 2023. These predictions are based on current trends and give an idea of what might happen to ARB’s price next year.

5. Algorand (ALGO)

Algorand marks its entry into the top crypto gainers today with a 34% price increase over the past year. Currently priced at $0.227909, it boasts a trading volume of $629.43M and a market capitalization of $1.82B. This indicates high liquidity based on its market cap. The coin is trading above its 200-day simple moving average. Moreover, it has experienced 21 positive trading days in the last month, accounting for 70% of its recent trading.

Furthermore, Algorand holds the 10th position by market cap. Meanwhile, it secures the 3rd spot in the Algorand Network sector and ranks 24th in the Layer 1 sector. The sentiment regarding Algorand’s price prediction is presently bullish, paralleled by a Greed index of 74.

AlgoExplorer has been a hallmark of Algorand’s ecosystem, and in light of the announcement of its sunset, we want to share a few words.@Algo_Explorer launched in April 2019 on the same day that Algorand’s public TestNet came to life.

Over the years, their product enabled the…

— Algorand Foundation 🐍 (@AlgoFoundation) December 21, 2023

Several experts foresee potential growth for Algorand (ALGO) in the cryptocurrency market. Projections suggest that ALGO’s maximum price might hover around $0.39 during the market’s recovery phase. Before the year, an average price prediction is approximately $0.35 for ALGO.

6. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix is changing how cryptocurrencies work by letting users stake BTCMTX tokens for cloud mining credits. This way, they aim to give more control to users and ensure safe mining for token holders.

The staking pool of Bitcoin Minetrix has caught people’s attention, with over 400,000 BTCMTX tokens involved. They claim an annual percentage yield (APY) of 103,225%, promising good returns for those participating.

Stage 15 of #BitcoinMinetrix is underway! 🚀

What #DeFi innovations do you believe will attract more traditional finance participants to the decentralized ecosystem? pic.twitter.com/WK4rhbWWdE

— Bitcoinminetrix (@bitcoinminetrix) December 22, 2023

Even though it’s in the presale phase, Bitcoin Minetrix is gaining momentum and is among the top crypto gainers today. The project has gathered over $5,799,279 in its ongoing BTCMTX presale, selling tokens at $0.0123 each. This growth reflects the project’s ability to attract investor interest, reflecting the market’s interest in its distinctive staking mechanism.

7. Moonbeam (GLMR)

Moonbeam has clinched the top crypto gainers today, valued at $0.376444. This reflects an intraday trading volume of $59.65 million and a market capitalization of $303.63 million.

Presently, the sentiment around Moonbeam’s price prediction is bullish, in line with a Fear & Greed Index showing a level of 74 (Greed). Its circulating supply stands at 806.58 million GLMR out of a maximum supply of 1.04 billion GLMR. Notably, there’s been a yearly supply inflation rate of 75.85%, resulting in the creation of 347.91 million GLMR in the last year.

1/ 🎮 Gamers gon' game. ⛽️ Not pay gas fees for transactions.

That’s one reason why Moonbeam’s precompiled contracts help DApps lower the barrier to entry for gamers and provide seamless Web3 gaming experiences!

👉 Learn more with Moonbeam Docs: https://t.co/uBYx2a5DsV pic.twitter.com/MJL6bhBPQn

— Moonbeam Network (@MoonbeamNetwork) December 19, 2023

Key highlights include a 12% price increase over the past year, trading above the 200-day simple moving average. Moreover, it has seen 20 green days out of the last 30 (67%), and its current proximity to the cycle is high. Additionally, Moonbeam boasts high liquidity based on its market capitalization.