Top Crypto Gainers Today Dec 26 – PancakeSwap, Kusama, Sponge V2, Osmosis

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In the recent 24-hour cycle, about 16% of cryptocurrencies have seen positive movement. BakerySwap stands out as the top gainer, boasting a 32.70% increase. Meanwhile, Kadena experienced a significant decline of -12.14% within the same period.

Biggest Crypto Gainers Today – Top List

Examining the past year’s trends, Rollbit Coin has been the star performer, exhibiting an exceptional 6,546.98% gain. This marks it the most successful coin in this timeframe. Similarly, in 2022 alone, Rollbit Coin continued its impressive streak. Hence, it showcased a substantial 5,183.10% gain since the year’s commencement.

Bitcoin’s performance in 2023 stands in contrast to its preceding year. The substantial increase in value has drawn attention due to its outperformance compared to traditional stock market gains.

1. SATS (1000SATS)

SATS’s entry into the top crypto gainers today comes from an impressive intraday rally. SATS  is priced at $0.068219, marking an 8.45% increase in the last 24 hours, with a trading volume of $90.58M. 

1000SATS PRICE CHART

Subsequently, it reached a cycle high of $0.069286. Currently, the sentiment around SATS is bullish. Meanwhile, the Fear & Greed Index reflects a score of 71, signifying “Greed.”

In the Ethereum (ERC20) Tokens sector, SATS holds the #3161 rank based on its market cap. Over the past 30 days, it has experienced 15 green days, constituting a 50% positive trend. Overall, SATS demonstrates notable price fluctuations within the specified time frame, hitting high and low points. The sentiment remains positive, as indicated by the current bullish stance and the market’s greed.

2. NEAR Protocol (NEAR)

NEAR Protocol, valued at $4.58, has demonstrated significant market activity over the past 24 hours. With a trading volume of $1.67B and a market capitalization of $4.60B, NEAR holds a modest market dominance of 0.27%. Notably, the price has surged by 20.67% within this short timeframe, marking an upward trend.

NEAR PRICE CHART

Within the Layer 1 sector, NEAR Protocol holds the #15 rank in terms of market capitalization. Key highlights encompass its remarkable 238% price increase over the past year, surpassing 80% of the top 100 crypto assets in performance. Notably, it has outperformed both Bitcoin and Ethereum.

Additionally, NEAR Protocol exhibits positive trading indicators, consistently trading above the 200-day simple moving average. Moreover, it has recorded 19 green days within the last 30, amounting to 63% positivity. The project also maintains high liquidity based on its market cap.

3. Sui (SUI)

Currently trading at $0.854028, Sui enters the top crypto gainers today with some impressive trends. Trading above the 200-day simple moving average indicates a sustained positive trend. The current performance reflects a positive trajectory compared to its token sale price. Over the last 30 days, it has experienced 17 days of positive growth, constituting 57% of its recent trading history.

SUI PRICE CHART

The market indicators reveal a strong liquidity position. This is indicated by a market capitalization of $882.43 million and a 24-hour trading volume of $1.15 billion. Sui Crypto currently holds a market dominance of 0.05% and ranks 41st in the Layer 1 sector.

Considering the current sentiment analysis, the prediction leans towards a bullish outlook. The Fear & Greed Index, registering at 71 (Greed), indicates an optimistic sentiment among investors. Sui Crypto’s circulating supply is 1.03 billion SUI out of a maximum supply of 10 billion SUI. This emphasizes potential future developments and growth.

4. Kusama (KSM)

Kusama (KSM) presently trades at $61.29 with a 24-hour trading volume of $717.68 million. It holds a market cap of $519.11 million, representing a market dominance of 0.03%. Over the last 24 hours, KSM’s price surged by 23.54%. Kusama currently circulates 8.47 million KSM tokens out of a maximum supply of 9.65 million, ranking at #47 within the Layer 1 sector based on market cap. 

Notable statistics include a 141% price increase in the past year, outperforming 66% of the top 100 crypto assets in the same duration. Moreover, it has consistently traded above the 200-day simple moving average. Also, the token has observed 18 positive trading days out of the last 30, amounting to 60%.

KSM PRICE CHART

The sentiment for Kusama’s price prediction is bullish, coinciding with a Fear & Greed Index reading of 71 (Greed). It’s also noted for its high liquidity, which is attributed to its market cap.

5. Osmosis (OSMO)

Osmosis enters the top crypto gainers today after an intraday rally. The coin trades above its 200-day simple moving average, signaling positive market momentum. Additionally, it experienced 24 green days out of the last 30, constituting an 80% increase, reflecting consistent upward movement.

OSMO PRICE CHART

Furthermore, Osmosi’s price is $1.807956, boasting a 24-hour trading volume of $223.71 million. Within the past 24 hours, the price of Osmosis escalated by 16.46%, showcasing short-term growth.

Regarding market sentiment, the current outlook for Osmosis appears bullish based on price prediction sentiment analysis. Moreover, the Fear & Greed Index indicates a sentiment score of 71, signifying greed among market participants. In terms of its supply dynamics, Osmosis currently circulates 282.46 million OSMO tokens out of a maximum supply of 1.00 billion OSMO tokens.

6. PancakeSwap (CAKE)

PancakeSwap currently holds a price of $3.48, marking a 20.53% increase over the past 24 hours. The trading volume is $412.62M, with a market cap of $959.92M, representing a market dominance of 0.06%.

CAKE PRICE CHART

PancakeSwap currently showcases a bullish sentiment in price prediction. This is complemented by a Fear & Greed Index reading of 71 (Greed). The project’s circulating supply amounts to 275.73M CAKE out of a maximum supply of 750.00M CAKE. It also boasts a yearly supply inflation rate of 83.52%, creating 125.49M CAKE within the last year.

Key highlights include a 5% price increment over the past year and consistent trading above the 200-day simple moving average. Moreover, it has 16 positive trading days out of the last 30 (53%), and its current proximity to the cycle is high. Additionally, the project boasts high liquidity based on its market cap.

7. Sponge V2 ($SPONGE V2)

The Sponge V2 cryptocurrency has shown notable growth since its inception, initially valued at $1 million and later peaking at a market capitalization of over $100 million in 2023. As of the latest data, it currently stands at $16 million, garnering a community of more than 11,500 holders.

https://twitter.com/spongeoneth/status/1738877238907371738?s=20

One of the key features of Sponge V2 is its introduction of the Stake-to-Bridge model. This model aims to streamline the transition for $SPONGE holders to V2 by incentivizing and retaining existing holders through staking mechanisms.

The project’s roadmap includes plans for primary exchange listings, and it has gained support from a sizable community of 30,000 members. These developments position the $SPONGE V2 project for potential growth, drawing interest from prospective investors seeking opportunities in the cryptocurrency market.

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