Top Crypto Gainers Today Dec 8 - Bonk, Optimism, Solana, Sui

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Today’s crypto market trends display varying movements, with approximately 21% experiencing positive shifts. Bonk is today’s top gainer, marking a 30.63% increase over the past 24 hours. Nonetheless, Axelar is today’s top loser, depicting a loss of 24.20% within the same timeframe.

Reflecting on the past year, Rollbit Coin emerged as the most successful performer, showcasing an impressive gain of 7,188.00%. Meanwhile, in 2022 alone, Rollbit Coin saw substantial growth, increasing by 6,154.00%.

Biggest Crypto Gainers Today – Top List

However, Flare presents a contrasting narrative as it recorded the most significant decline, plummeting by -96.77% over the last year. Similarly, Flare has witnessed a downward trend since the start of this year, experiencing a loss of -96.83%.

1. Bonk (BONK)

Bonk’s recent performance has propelled it into the top crypto gainers today. The coin trades above its 200-day simple moving average, showing positive trends in 60% of the last 30 days. Plus, it’s positioned near its all-time high, indicating strong price resilience. Liquidity, as gauged by its market cap, remains notably high.

Bonk is valued at $ 0.00001235, with a considerable 24-hour trading volume of $ 151.27 million. Furthermore, it holds a market cap of $ 574.45 million, representing a market dominance of 0.04%. Notably, its price surged by 40.86% within the past 24 hours.

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— BONK!!! (@bonk_inu) December 6, 2023

Moreover, the sentiment toward Bonk’s price prediction leans bullish, complemented by a Fear & Greed Index score of 72 (Greed). In terms of supply, Bonk has 46.50 trillion BONK tokens in circulation out of a maximum supply of 100.00 trillion BONK. Based on market cap, Bonk holds the #4 rank within the Meme Coins sector.

2. Optimism (OP)

Optimism had a good market day, hitting $2.23 with a 24-hour trading volume of $2.07B. Sitting among the top crypto gainers today, it boasts a market cap and dominance of $478.45M and 0.03%, respectively. Notably, it has seen a 26.52% increase in price over the last 24 hours.

Moreover, the current sentiment towards Optimism is bullish, coinciding with a Greed rating of 72 on the Fear & Greed Index. Optimism’s circulating supply stands at 214.75M OP out of a maximum supply of 4.29B OP, securing its position as the #7 ranked Layer 2 project by market cap.

We ❤️the Art update: new submission deadline is Jan 8th at 23:00 UTC

Superchain mints are eligible for any mints created on @ourZORA, @BuildOnBase & OP Mainnet from Nov 8th 🦸‍♀️⛓️

Prizes up to 1,200,000 OP – now with 2x 50K OP winners per category 🏆https://t.co/PBkTy2tLVZ

— Optimism (@Optimism) December 5, 2023

Noteworthy indicators include a 120% price increase in the past year. As such, the coin outperforms 73% of the top 100 cryptocurrencies. Moreover, it trades above the 200-day simple moving average and currently resides near its cycle high. Additionally, it boasts high liquidity based on its market capitalization.

3. Solana (SOL)

Solana has caught the market’s eye, soaring by 441% within the past year. The coin showcases remarkable performance against 94% of the top 100 cryptocurrencies, including the leading assets. SOL’s current trading position is above the 200-day simple moving average, reflecting a positive trend compared to its token sale price.

Over the last 30 days, Solana has seen 17 days of positive growth. This trajectory represents 57% of the period as the coin currently trades near its cycle high. Therefore, this performance, coupled with its high liquidity based on market cap, has contributed to its standing in the market.

Currently, Solana’s price stands at $72.58, with a substantial 24-hour trading volume of $8.40 billion. Furthermore, the coin’s market cap of $30.92 billion ushers in a commanding market dominance of 1.89%.

Attention Solana devs and builders! 🚰@Circle just released their free, permissionless devnet USDC faucet with support for Solana! It's time to build your payments app👇 https://t.co/aASpWbAbm0

— Solana (@solana) December 7, 2023

Solana’s price prediction sentiment assessments indicate a current bullish outlook. This is complemented by a Fear & Greed Index recording a score of 72, indicating a sense of greed in the market sentiment.

4. Curve Dao Token (CRV)

Curve DAO Token has witnessed an intraday upward tick, entering the top crypto gainers today. Within the last 12 months, its price has observed a 3% increase. Currently trading above the 200-day simple moving average, the token has shown a consistent upward trend. Over the last 30 days, CRV has experienced 16 green days. As such, it accounts for 53% of the observed period, indicating intermittent positive price movements.

Liquidity remains robust for CRV, backed by its market capitalization. Currently, the token is priced at $0.674891. It also boasts a 24-hour trading volume of $256.91 million and a market cap of $629.54 million. CRV saw an intraday surge of 8.48%, commanding a market dominance of 0.04%.

Presently, market sentiment suggests a bullish outlook for CRV. This is coupled with a Fear & Greed Index displaying a value of 72, indicating a trend towards greed among investors. Regarding supply dynamics, CRV has a circulating supply of 932.80 million out of a maximum supply of 3.30 billion. Over the past year, the yearly supply inflation rate was 75.48%, creating 401.22 million CRV.

5. Sui (SUI)

Sui Crypto, currently priced at $0.678312 with a 24-hour trading volume of $540.88M and a market cap of $700.87M, exhibits several noteworthy market indicators. The token is currently trading above its 200-day simple moving average, indicating a positive trend in its price movement.

Additionally, the performance has been positive compared to its initial token sale price. Over the last 30 days, it has experienced 15 green days. This constitutes 50% of its trading days, reinforcing its recent positive performance.

🎉We're excited to launch the "Frens-Lounge," a token-gated channel for those that own Capys and/or Bullsharks, on the Sui Discord server!

Connect your Sui address to Discord using the "Frens-Verification" channel, and dive into a new vibrant community for our Sui enthusiasts!…

— Sui (@SuiNetwork) December 8, 2023

Liquidity appears robust, supported by its market cap, which stands at $700.87M, indicating a relatively high level of liquidity in the market. Also, the sentiment surrounding Sui Crypto’s price prediction is bullish. This coincides with a Fear & Greed Index reading of 72, indicating a state of greed within the market sentiment.

6. Meme Kombat (MK)

Meme Kombat, a rising player in the cryptocurrency market, has gained attention for its recent growth and impact. The project demonstrates early interest among investors with a current presale that has amassed $2,685,884. Its focus lies in a unique gaming platform tailored for cryptocurrency enthusiasts.

Your $MK is worth more!

Yes. You read that correctly. You can buy $MK now for $0.235🤩 pic.twitter.com/DAKBpbMqUB

— Meme Kombat (@Meme_Kombat) December 7, 2023

The standout feature of Meme Kombat is its integration of staking and betting functionalities. This allows users multiple avenues to engage with the platform and earn rewards. 50% of the MK token supply is available in the presale at $0.225 per token, with a fixed hard cap of $10 million. The aim is to boost the utility of MK tokens within the platform.

In its roadmap, Meme Kombat plans to list its tokens on a decentralized exchange. 10% of the total token supply has been allocated to provide liquidity to facilitate faster trading. As outlined in their whitepaper, this strategy underscores the project’s commitment to enabling decentralized trading of MK tokens.

7. Injective (INJ)

Injective, a prominent crypto asset, has exhibited notable performance metrics over the past year. Notably, its price has surged by an impressive 1,071% within this period, outpacing 98% of the top 100 crypto assets. This surge has placed Injective significantly above its 200-day simple moving average, indicating a sustained upward trend.

Comparatively, Injective has shown positive performance in contrast to its token sale price, reflecting a favorable trajectory. Moreover, the asset boasts high liquidity based on its market cap, facilitating robust trading volumes and market dominance, currently at 0.10%.

Injective is the only L1 chain alongside @solana to have full support for SPL tokens.

Solana based assets such as $JTO can be accessed smoothly via the Injective Hub and Bridge.

Building the future of interoperable Web3 finance 🚀

— Injective 🥷 (@injective) December 7, 2023

As of the latest data, the price of Injective stands at $18.58, having experienced a 7.90% increase in the last 24 hours. Furthermore, INJ boasts a market cap of $1.56 billion, amassing a 24-hour trading volume of $508.86 million.