Top Crypto Gainers Today Dec 31 - Quant, Filecoin, Arbitrum, Helium

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In today’s market, a positive movement of 19% is observed across various currencies. Leading the gainers is Ontology, exhibiting a noteworthy 38.07% increase in value over the past 24 hours. In contrast, NFPrompt takes the spotlight as the top loser, experiencing a 7.52% decrease during the same timeframe.

Taking a broader perspective on performance, Injective has emerged as the standout performer over the past year, showcasing an impressive gain of 2,852.97%. This solidifies its position as the top-performing coin in 2022, with a substantial increase of 2,852.97% since the beginning of the year.

Biggest Crypto Gainers Today – Top List

The recent surge in altcoin prices has drawn attention to the ongoing momentum in the cryptocurrency market. Notably, several altcoins experienced significant increases in value over the given period. BNB, as reported by S&P Global Market Intelligence, demonstrated a substantial double-digit surge, rising by 16%.

Similarly, MultiversX and Optimism, representing the multiverse digital currency and transaction bundling chain, also recorded a 16% increase in value. Another notable performer was Theta Network, which saw a near double-digit gain with an approximately 10% rise.

1. Filecoin (FIL)

Filecoin (FIL) currently stands at $6.70, with a 24-hour trading volume of $1.09 billion and a market cap of $3.28 billion. Its market dominance is at 0.20%. Over the last 24 hours, FIL has seen a notable 15.86% increase in price.

Presently, sentiment analysis suggests a bullish trend, aligned with a Fear & Greed Index indicating a level of 67, signifying “Greed.” Highlighting its performance, Filecoin has exhibited a substantial 124% increase in price over the past year. This growth outpaced 58% of the top 100 crypto assets.

Filecoin has rapidly emerged as the world's largest decentralized storage network. 🌐 This success is partly due to Filecoin's visionary tokenomics.

Watch @FilecoinTLDR's video to see how Filecoin aligns incentives with network growth. 👇 pic.twitter.com/Cc57xTqJGw

— Filecoin (@Filecoin) December 26, 2023

Additionally, it is noteworthy that Filecoin has consistently traded above its 200-day simple moving average and has shown positive performance relative to its token sale price. In the last 30 days, Filecoin has experienced 21 days of positive growth, accounting for 70% of its recent trading history. The token also demonstrates high liquidity, supported by its market cap.

2. Arbitrum (ARB)

Arbitrum clinches the top crypto gainers today, priced at $1.612013. Moreover, it exhibits a 24-hour trading volume of $1.27 billion, holding a market cap of $2.06 billion and a market dominance of 0.12%. Over the last 24 hours, ARB has observed an 11.31% increase in value.

Furthermore, market sentiment currently indicates a bullish trend for Arbitrum. This coincides with a Fear & Greed Index of 67, signaling “Greed.” Arbitrum’s circulating supply currently stands at 1.28 billion ARB tokens.

Time to come home @CeloOrg 💙🧡

The Arbitrum Foundation has been following the development of cLabs Proposal for Celo to transition to an Ethereum L2 and would like to welcome Celo back to the Ethereum community by proposing the Arbitrum Orbit tech stack as the path forward. 🪐

— Arbitrum (💙,🧡) (@arbitrum) December 14, 2023

Noteworthy aspects include its trading position above the 200-day simple moving average. In addition, it is near its cycle high and has substantial liquidity, evidenced by its market capitalization.

3. Injective (INJ)

INJ rounds off the year by earning a place among the top crypto gainers today. Notably, its price surged by an extraordinary 2,861% within the last year, showcasing remarkable growth compared to many other cryptocurrencies.

Moreover, Injective’s price is $37.75, exhibiting a 4.61% increase in the last 24 hours. This price surge is aligned with its positive trend, as it has consistently traded above its 200-day simple moving average, indicating a bullish trajectory.

Injective Stats 2022 vs 2023:

Active addresses: 14,000 -> 290,000

Block speed: 1.1s -> 0.8s

Transactions: 140M -> 380M

Full 2023 recap coming soon 🥷🤝

— Injective 🥷 (@injective) December 30, 2023

Moreover, the token’s recent performance remains favorable, with 16 out of the last 30 days showing positive gains. Therefore, this accounts for 53% of the observed period. Presently, market sentiment indicates a bullish outlook for the Injective token, while the Fear & Greed Index shows a value of 67, indicating a level of greed in the market.

4. Quant (QNT)

Quant resides among the top crypto gainers today, at $141.83, and has an intraday trading volume of $105.25M. QNT also holds a market capitalization of $1.71B, with a market dominance of 0.10%. Over the past day, Quant has observed a 6.37% increase in price.

Meanwhile, market sentiment suggests a bullish trend for Quant. This analysis coincides with a Fear & Greed Index score of 67, indicating a period of greed among investors. In terms of supply, there are currently 12.07M QNT tokens in circulation out of a maximum supply of 14.88M QNT.

It's Saturday and day 23 of #QuantAdvent 2023. Behind today's window is a look at some of the risks involved in issuing commercial stablecoins.

Read the full story behind today's snippet: https://t.co/uIsZ9UswJ1

View the whole calendar: https://t.co/akM39n3ack

Learn more about… pic.twitter.com/gf9IF819m6

— Quant (@quant_network) December 23, 2023

Notably, QNT has established a 32% increase in price over the past year. In addition, it is trading above the 200-day simple moving average and has a positive performance concerning its token sale price. Additionally, the project maintains high liquidity based on its market cap.

5. Chia (XCH)

XCH is another entrant into the top crypto gainers today. Chia enters today’s top gainers priced at $38.98, showcasing a 7.01% intraday increase. The market capitalization stands at $369.14M, indicating a market dominance of 0.02%. Despite experiencing fluctuations, the coin’s price trajectory has seen a notable 35% increase over the past year.

Furthermore, the current sentiment surrounding Chia’s price prediction is bullish. This is indicated by the Fear & Greed Index standing at 67, signifying ‘Greed’ in the market. Moreover, XCH has shown resilience by consistently trading above the 200-day simple moving average.

Version 2.1.3 is now available for download!

This is a quick follow to fix a regression that could cause a farmer to fail to be able to create a block in some limited cases.

Download 2.1.3: https://t.co/X2K85D8ZAV

— Chia Network (@chia_project) December 18, 2023

It has also reflected 18 green days in the last 30, accounting for 60% of the observed period. Regarding supply dynamics, Chia has a circulating supply of 9.47M XCH out of a maximum supply of 26.67M XCH. The yearly supply inflation rate is notably high at 64.66%, creating 3.72M XCH in the past year.

6. Sponge V2 ($SPONGE V2)

Sponge V2 has undergone considerable growth since its inception, marked by a substantial increase in its token’s market cap. Initially starting at $1 million, the market cap surged to over $100 million in 2023, stabilizing at $16 million. This growth attracted a community of more than 11,500 holders.

Join our #Sponge community of over 13,000 holders! 🧽💦

Don't miss out on #SpongeV2! 🚀🔥$SPONGE #Web3 #Crypto #Altcoins pic.twitter.com/iQA8O7xxhu

— $SPONGE (@spongeoneth) December 28, 2023

Furthermore, Sponge V2 offers a Stake-to-Bridge model to facilitate a seamless transition for $SPONGE holders to V2. This model employs staking mechanisms to incentivize and retain existing holders. Therefore, it ensures their continued engagement within the ecosystem.

Moreover, the project’s roadmap outlines plans for primary exchange listings. Hence, it has garnered support from a community of 30,000 members. These strategic steps position $SPONGE V2 for potential future growth opportunities. Additionally, it has captured the interest of prospective investors exploring the cryptocurrency market.

7. Helium (HNT)

Over the past year, Helium has seen an impressive 376% surge in price, warranting a place among the top crypto gainers today. Notably, it has consistently traded above the 200-day simple moving average, indicating a sustained upward trend.

Meanwhile, market sentiment leans bullish, registering 67 on the Fear & Greed Index. It holds the #20 position in the Ethereum (ERC20) Tokens sector and is ranked #36 in the Layer 1 sector based on market cap.

📱Helium HNT Wallet v2.5.6 Update (Android & iOS)

The v2.5.6 release builds on v2.5.0, adding several new community features. These include allowing users to self-onboard Hotspots when Makers do not have enough Data Credits. For more details, please see the v2.5.0 notes.

This…

— Helium🎈 (@helium) December 29, 2023

Furthermore, HNT’s price is Currently valued at $7.21, registering a 24-hour trading volume of $10.36 million. Moreover, it boasts a market cap of $1.15 billion, experiencing an 8.00% intraday increase.