Top Crypto Gainers Today Dec 27 - BNB, Bitcoin SV, dYdX, Optimism

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In the past 24 hours, the cryptocurrency market has shown a mixed trend, with 21% of cryptocurrencies experiencing positive movement. Bitcoin SV emerged as the top gainer today, demonstrating a 24.94% increase.

Over one year, Rollbit Coin has notably excelled, showcasing a remarkable 6,818.43% gain, making it the top performer among cryptocurrencies in this timeframe. In 2022, Rollbit Coin sustained an impressive momentum, attaining a 5,597.60% increase since the year commenced.

Biggest Crypto Gainers Today – Top List

Bitcoin showed a modest increase of 2.1% to hover around $43,000 by 12:10 p.m. in London, marking a recovery following a decline observed on Tuesday. Concurrently, several other major cryptocurrencies also experienced gains. Bitcoin Cash, an early spinoff from the original digital currency, surged by as much as 14%. This rally was attributed to an influx of investor interest in a vehicle that tracks this token’s performance.

1. Bitcoin SV (BSV)

Bitcoin SV announces its entry into the top crypto gainers today with a 44% price surge over the past year. BSV trades above its 200-day simple moving average, signaling a sustained upward trend. In the last 30 days, BSV showed positive movement on 16 days.

This movement accounts for 53% of this period, indicating a relatively bullish short-term performance. Additionally, it’s currently near its cycle high, suggesting possible stability or resistance at this level.

Notably, BSV boasts high liquidity, evidenced by its substantial market capitalization. Currently priced at $62.80, BSV’s 24-hour trading volume hits $139.15 million, with a market capitalization of $1.23 billion.

In the Layer 1 sector, Bitcoin SV currently holds the #37 ranking in terms of market capitalization. This ranking within the broader Layer 1 landscape signifies its position among similar blockchain protocols or networks.

2. Polygon (MATIC)

Polygon (MATIC) has shown notable changes over the past year, marked by a substantial 31% increase in its price. Currently, it is trading above its 200-day simple moving average, reflecting a positive trend in its market performance. The project exhibits a favorable standing compared to its initial token sale price.

Recent trading patterns have demonstrated a predominance of bullish sentiment. This is supported by 18 days of positive price movement out of the last 30 days, accounting for a 60% occurrence rate. Moreover, Polygon’s market liquidity remains notably high, reflected in its market capitalization.

The sentiment analysis for price prediction indicates a current bullish outlook. However, the Fear & Greed Index, which registered a level of 73, suggests a sentiment of greed prevailing in the market.

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— Polygon Foundation (@0xPolygonFdn) December 21, 2023

As of the latest data, Polygon’s price is $1.077091, with a substantial 24-hour trading volume of $5.24 billion, contributing to a market cap of $8.62 billion and a market dominance of 0.51%. The MATIC price has experienced a 20.93% increase in the last 24 hours.

3. Mina (MINA)

Currently valued at $1.41, Mina is among the top crypto gainers today, with a 24-hour trading volume of $897.41 million. Moreover, the coin commands a market capitalization of $1.44 billion, reflecting a market dominance of 0.09% and an intraday surge of 19.50%.

As for predictions, the sentiment leans bullish, concurrently with a Fear & Greed Index at 73, indicating greed prevailing in the market sentiment. Notable aspects include a remarkable 194% price surge in the past year, surpassing 76% of the top 100 cryptocurrencies. Additionally, it maintains a position above the 200-day simple moving average.

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— Mina Protocol (httpz) 🪶 (@MinaProtocol) December 22, 2023

Over the last 30 days, it has observed 18 positive trading days, constituting 60% of the period, suggesting a substantial trend. Furthermore, its liquidity appears robust, backed by its market cap.

4. dYdX (ethDYDX) (ETHDYDX)

dYdX’s growth of 195% in the past year has granted it a place among the top crypto gainers today. The asset trades above its 200-day simple moving average, indicating a positive trend.

Liquidity remains high for dYdX, supported by its market capitalization. Also, DYDX’s price is $3.39, accompanied by a 24-hour trading volume and a market cap of $869.73 million and $623.54 million, respectively. The token also boasts a market dominance of 0.04%, reflecting a 5.03% intraday price increase.

Once a dYdX community member calls the updateRoot parameter on the Merkle Distributor contract, Epoch 30 rewards will be claimable at https://t.co/PXQlMibobV❗https://t.co/rUBeIde92m

Once tokens have been claimed, they can be transferred or delegated to dYdX governance.

👇

— dYdX Foundation 🦔 (@dydxfoundation) December 26, 2023

Furthermore, dYdX’s price prediction leans toward bullish, aligning with a Fear & Greed Index score of 73 (Greed). The yearly supply inflation rate is 180.26%, creating 118.20 million DYDX tokens over the last year.

5. Optimism (OP)

Optimism (OP) currently holds a price of $3.74 with a 24-hour trading volume of $1.65 billion and a market capitalization of $802.60 million, commanding a market dominance of 0.05%. Over the past day, OP saw a notable uptick of 12.65%.

Presently, market sentiment leans bullish for Optimism, supported by a Fear & Greed Index at 73, indicating a level of greed. Key highlights over the past year include a notable 292% increase in price, including Bitcoin and Ethereum. Notably, the price trend remains above the 200-day simple moving average, exhibiting strength in its market performance.

In the last 30 days, Optimism has experienced 15 positive trading days, accounting for 50% of the period. Moreover, it’s trading near its all-time high and cycle high, indicating a strong position within the market.

6. BNB (BNB)

A 27% yearly price increase marks BNB’s ascent into the top crypto gainers today. This rise exceeds the 200-day simple moving average, indicating sustained positive momentum. Additionally, BNB’s performance compared to its token sale price has been positive, reflecting its stability and growth.

In the recent 30-day period, BNB experienced 18 days of positive growth, constituting 60% of the observed time frame. Such consistent upward movements contribute to its perceived stability and investor interest.

Finally, we saw a huge amount of interest in MVB VII, the latest edition of our accelerator program.

MVB VII is a collaboration with Binance Labs and CoinMarketCap that will see 100 new projects incubated in 2024. Apply below!https://t.co/z7ZL7bbDeA

— BNB Chain (@BNBCHAIN) December 26, 2023

Furthermore, BNB is valued at $309.88, reflected in an intraday trading volume and a market cap of $3.97 billion and $47.01 billion, respectively. Notably, BNB’s market dominance is 2.79%, indicating its rise into the top crypto gainers list. Over the last 24 hours, BNB has observed a 3.89% increase in its price, showcasing short-term positive movement.

7. Sponge V2 ($SPONGE V2)

Sponge V2 has grown significantly since its inception, making it one of the top crypto gainers today. Initially valued at $1 million, the token reached a peak market capitalization of over $100 million in 2023. Presently, it stands at $16 million in market capitalization with a community of more than 11,500 holders.

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

Furthermore, Sponge V2 offers a Stake-to-Bridge model. This feature facilitates the transition for $SPONGE holders to V2. However, this is achieved by incentivizing and retaining existing holders through staking mechanisms.

The project’s roadmap includes plans for primary exchange listings and has garnered support from a substantial community of 30,000 members. These developments position the $SPONGE V2 project for potential growth, generating interest among prospective investors exploring opportunities in the cryptocurrency market.