Top Crypto Gainers Today Dec 7 - Axelar, Ronin, Holo, Filecoin

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The cryptocurrency landscape is experiencing a 20% positive shift today, with BitTorrent leading the pack with an impressive 67.24% gain in the last 24 hours. Conversely, Illuvium has incurred an 11.11% loss, marking it as today’s top loser.

Looking back over the past year, Rollbit Coin has been a standout performer, surging by a staggering 7,221.00%. Specifically, in 2022, it maintained its momentum, boasting a remarkable 6,100.00% gain since the year’s start.

Biggest Crypto Gainers Today – Top List

On the flip side, Flare stands out for all the wrong reasons, suffering a steep decline of -96.79% last year. Unfortunately, this trend persisted throughout the year, resulting in a -96.97% loss since the beginning.

1. Axelar (AXL)

Over the past year, Axelar has made significant strides, evidenced by a remarkable 100% surge in its price. This places Axelar among the top-performing cryptocurrencies, outstripping 72% of the top 100 digital assets in the same period.

As such, it’s consistently trading above the 200-day simple moving average. AXL has also experienced a positive % trading rate of 67% (20 green days out of the last 30), underscoring its favorable performance. Axelar is currently valued at $1.024991, with a market cap of $507.61M and a 24-hour trading volume of $40.42M. Moreover, AXL’s recent 63.53% surge in 24 hours has amplified its bullish sentiment.

Web3 UX needs a shot in the arm. A wallet that abstracts network management is a big part of onboarding — @Deloitte report.

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Seamless cross-chain comms & routing powered by Axelar & adopted by the top wallets – think @blockchain @MetaMask, @TrustWallet & @Ledger 🧵

— Axelar Network (@axelarnetwork) December 7, 2023

Assessment of market sentiment leans towards a bullish outlook for Axelar, placing it among the top crypto gainers today. Simultaneously, the Fear & Greed Index registers 72, signifying a prevailing sense of greed in market sentiment.

2. Ronin (RON)

Ronin has experienced notable price movement in the past year, showcasing a staggering 618% increase in its value. This surge has placed it ahead of 96% of the top 100 crypto assets within the same timeframe, surpassing even Bitcoin and Ethereum in performance.

Currently valued at $1.810369, Ronin exhibits a trading volume of $7.17 million over 24 hours, carrying a market cap of $499.24 million and holding a market dominance of 0.03%. Notably, it is trading above its 200-day simple moving average. It has seen 18 positive trading days out of the last 30, which equates to 60%.

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Here’s how they’ll help builders on Ronin 👇

📜 | https://t.co/qeec71cTR2 pic.twitter.com/3r5Mj275AM

— Ronin (@Ronin_Network) December 6, 2023

Assessing the sentiment surrounding Ronin’s price prediction, current indications lean towards a bullish trend. Moreover, the Fear & Greed Index registers at 72, indicating a level of greed in the market sentiment.

3. Holo (HOT)

Holo (HOT) has exhibited notable developments over the past year, entering the top crypto gainers today. Its price has surged by 15% during this period, trading above the 200-day simple moving average. This price surge indicates positive momentum and reflects a commendable performance compared to its initial token sale price.

Holo’s recent market behavior has seen 18 positive trading days out of 30. This has constituted a 60% increase and suggests consistent upward movement. Also, Holo maintains high liquidity, which is evident from its market capitalization, which is $341.48M.

The Holo #AMA No. 55 is going LIVE today at 19:00 UTC. We'll be sharing progress on #Holo & @Holochain, presenting demos, answering questions, and more. Lots of exciting things in the pipeline, including a special announcement!

▶️ Tune in live. https://t.co/wRzHeuLmwO pic.twitter.com/m3Euy7rSQp

— Holo (@H_O_L_O_) December 7, 2023

The latest available data shows that Holo is priced at $ 0.001980, exhibiting a 24-hour trading volume of $ 117.98M and a market dominance of 0.02%. The recent 11.75% increase in price over the last 24 hours suggests short-term bullishness. Current sentiments toward Holo remain bullish based on price prediction analysis. At the same time, the Fear & Greed Index indicates a level of 72, leaning toward greed in the market sentiment.

4. Filecoin (FIL)

FIL has experienced an upward trend, launching it into the top crypto gainers today. Filecoin (FIL) is currently priced at $4.98 with a trading volume of $517.64M over the last 24 hours. Its market cap stands at $2.37B, commanding a market dominance of 0.15%. Notably, the FIL price has shown a 5.90% increase within the past day.

Moreover, the current sentiment surrounding Filecoin’s price prediction is bullish, paralleled by a Fear & Greed Index at 72 (Greed). Also, Filecoin’s circulating supply currently stands at 475.96M FIL out of a maximum supply of 321.89M FIL.

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Be there for this groundbreaking event! pic.twitter.com/8wdrp3SpSb

— Filecoin (@Filecoin) December 7, 2023

Over the past year, Filecoin’s price has witnessed a 9% increase, consistently trading above the 200-day simple moving average. Of the last 30 days, 50% have seen positive price movements, indicating 15 green days. The project maintains high liquidity, as reflected by its market capitalization.

5. Ethereum Classic (ETC)

Ethereum Classic (ETC) has experienced a 9% price surge in the past year, consistently trading above its 200-day simple moving average. Notably, it has displayed a bullish trend with 15 positive trading days out of the last 30, making up 50% of its recent performance. The coin’s liquidity remains robust, indicated by its substantial market capitalization.

Ethereum Classic is valued at $21.52, with a 24-hour trading volume of $1.05 billion, a market cap of $3.11 billion, and a market dominance of 0.19%. Over the last day, ETC saw a 5.97% increase in value, entering the top crypto gainers today.

Announcement: 🌀
The "Spiral" network upgrade is coming to #EthereumClassic mainnet

Result: protocol parity with the @ethereum Foundation's "Shanghai" upgrade

Why? Maintains seamless dApp layer development environments between the 2015 $ETC PoW + the 2016 $ETH PoS EVM chains 👨‍💻 https://t.co/vdnYky9hmr pic.twitter.com/dBkGV7OUK8

— Ethereum Classic (@eth_classic) December 5, 2023

Based on market sentiment, there’s a bullish outlook for Ethereum Classic, alongside a Fear & Greed Index reading of 72, indicating investor sentiment leaning towards greed. In comparison to other Proof-of-Work Coins, Ethereum Classic holds the 7th position. In the Layer 1 sector, it ranks 18th based on market capitalization.

6. Frax Share (FXS)

Frax Share (FXS) currently trades at $8.69 with a 24-hour trading volume of $104.84 million. Its market capitalization is $655.24 million, representing a market dominance of 0.04%. Over the last day, the FXS price increased by 3.75%, propelling the coin into the top crypto gainers today.

The sentiment regarding Frax Share’s price prediction is bullish, and the Fear & Greed Index registers a reading of 72 (Greed). The circulating supply is 75.37 million FXS out of a maximum supply of 99.90 million FXS. The yearly supply inflation rate is notably high at 364.97%, resulting in 59.16 million FXS in the last year.

Key highlights include a 62% price increase over the past year, outperforming 65% of the top 100 crypto assets within that timeframe. Additionally, FXS is trading above its 200-day simple moving average and has experienced 17 positive trading days out of the last 30, accounting for 57%. The project also boasts high liquidity based on its market capitalization.

7. Bitcoin ETF Token (BTCETF)

The emergence of the Bitcoin ETF Token has drawn considerable attention within the cryptocurrency sphere, presenting an innovative investment avenue for interested parties. This project anticipates a Bitcoin Exchange-Traded Fund (ETF) approval to provide a consolidated investment option through a singular token.

The core focus of this initiative revolves around the potential approval of a Bitcoin ETF. Therefore, it offers investors a distinct approach to engage with the market. The project anticipates potential gains due to its comparatively smaller market capitalization, aligning its trajectory with the ETF approval process.

Next Block Expo discussions revealed profound insights into #Bitcoin's psychology, the halving's cyclic impact, and the potential #ETF approval.

The $10-12 billion estimated income from #BitcoinETFs sparks major market excitement.

As Bitcoin's halving and ETF prospects dominate… pic.twitter.com/xxdvj7qjbL

— BTCETF_Token (@BTCETF_Token) December 6, 2023

Market analysis conducted by industry experts suggests that the approval of a Bitcoin ETF could amplify the value of Bitcoin by a factor of 1-3 times its current market price. The BTCETF Token distinguishes itself by emphasizing this ETF approval process. As such, it positioned itself uniquely within the cryptocurrency landscape.

Moreover, the project has garnered substantial attention, raising $2,933,102 towards its funding goal of $3,403,654. This surge in investor interest underscores the Bitcoin ETF Token as a compelling prospect in the cryptocurrency domain.

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