Top Crypto Gainers Today Jan 7 - GMT, Stacks, Conflux, IOTA

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In the past 24 hours, the cryptocurrency market has shown a mixed movement, with 19% of the currencies experiencing positive trends. Notably, GMT emerged as the top gainer, showcasing a substantial 42.22% increase.

Furthermore, Rollbit Coin exhibited exceptional growth, boasting a remarkable 3,768.97% increase, positioning itself as the highest-performing cryptocurrency over the last year. Meanwhile, ConstitutionDAO demonstrated a noteworthy performance in 2022, accruing a gain of 316.11% since the year began.

Biggest Crypto Gainers Today – Top List

The crypto market experienced a significant resurgence in 2023 following a challenging period in 2022 known as the “crypto winter.” A noticeable uptrend marked this resurgence for several tokens. As such, it has sparked discussions about a potential bull market. As investors look into projections for 2024, indications suggest that this year may hold substantial significance for the market.

1. GMT (GMT)

The current price of GMT stands at $ 0.421878, accompanied by a 24-hour trading volume of $ 2.25B. It holds a market capitalization of $ 464.66M with a market dominance of 0.03%. Notably, there has been a significant 48.34% increase in the GMT price within the last 24 hours.

Market sentiment appears bullish regarding GMT’s price prediction, aligning with a Fear & Greed Index of 71, reflecting “Greed.” The token ranks #45 within the Ethereum (ERC20) Tokens sector, supported by a circulating supply of 1.10B GMT out of a maximum supply of 6.00B GMT.

Reviewing recent performance highlights, GMT has witnessed a 61% price increase over the last year. Moreover, it maintains a position above the 200-day simple moving average. Additionally, within the last 30 days, there have been 20 green days, indicating a 67% positive trading trend.

2. Stacks (STX)

STX’s recent upward trend has shot it into the top crypto gainers today. Stacks is currently trading at $1.728108 with a 24-hour trading volume of $444.97M. Moreover, STX boasts a market cap of $2.47B, representing a 0.15% market dominance. Over the last 24 hours, the price of STX has surged by 17.96%.

Furthermore, the sentiment in the Stacks price prediction remains bullish, complemented by a Fear & Greed Index reading of 71 (Greed). Currently, 1.43B STX are in circulation out of a maximum supply of 1.82B STX.

Stack $STX to participate in securing the L2 and receive $BTC rewards 🟧 pic.twitter.com/NxaPJDvVC4

— stacks.btc (@Stacks) January 6, 2024

Meanwhile, it is consistently trading above the 200-day simple moving average. Over the last 30 days, STX experienced 16 positive trading days (53%) and currently hovers around its cycle high, boasting high liquidity considering its market cap.

3. Conflux (CFX)

Conflux Hits the top crypto gainers today, having surged by an impressive 757% over the past year. CFX’s market value is $ 0.196091, reflecting a 13.23% intraday rally. In addition, Conflux boasts a market cap of $ 715.00M and a trading volume of $ 238.04M, indicating robust liquidity based on its market cap.

Notably, it’s trading above the 200-day simple moving average, signifying a positive trend. Regarding its supply dynamics, the circulating supply stands at 3.65B CFX out of a maximum supply of 5.28B CFX.

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— Conflux Network Official (@Conflux_Network) January 2, 2024

Moreover, a yearly supply inflation rate of 74.40% led to the creation of 1.56B CFX within the last year. Market sentiment currently leans bullish for Conflux Network’s price prediction. This outlook aligns with a Fear & Greed Index at a level of 71, indicating a prevailing greed sentiment.

4. IOTA (IOTA)

IOTA currently trades at $0.261419, boasting a 24-hour trading volume of $121.65M and a market capitalization of $804.23M. Within the last day, it surged by 8.40%, entering the top crypto gainers today.

Historically, IOTA saw extremes, hitting an all-time high of $5.54 on Dec 6, 2017, and a low of $0.077481 on Mar 13, 2020, post-ATH. Since then, it reached a high of $2.68. IOTA’s market sentiment leans bearish, while the Fear & Greed Index is 71, signaling “Greed.”

4/ The release of ShimmerEVM in September led to a massive surge in Total Value Locked (TVL), reaching $4.8 million in October. Fun Fact: our ever-expanding ecosystem now boasts 40 active projects 👏

— IOTA (@iota) December 31, 2023

Based on market capitalization, IOTA holds the #41 spot in the Layer 1 sector. Furthermore, IOTA has witnessed a 46% price increase over the past year. Moreover, it is consistently trading above its 200-day simple moving average, and strong liquidity is indicated by its market cap.

5. Maker (MKR)

Notable performance metrics mark Maker’s ascent into the top crypto gainers today in the past year. MKR’s price surged by an impressive 241%, surpassing 84% of the top 100 crypto assets within the same period. The technical analysis indicates a positive trend, with MKR trading above its 200-day simple moving average.

This metric signifies potential stability in its value, a characteristic exhibited among the top gainers. Additionally, the token boasts high liquidity, substantiated by its substantial market capitalization. Furthermore, Maker trades at $1,845.74, with an intraday trading volume of $158.28 million and a market cap of $1.70 billion.

Endgame is:

• Reinforcing MakerDAO’s and Maker Protocol’s stability.

• Take DAOs to a new level of global reach through data transparency and AI.

• Delegating specialized and highly targeted growth to SubDAOs. pic.twitter.com/NJlYnpZFVC

— Maker (@MakerDAO) December 18, 2023

The token’s market dominance stands at 0.10%. Notably, it experienced a recent 5.91% increase in value within the last 24 hours. Moreover, MKR is ranked #7 in the DeFi Coins sector and #14 in Ethereum (ERC20) Tokens. In addition, Maker maintains a bullish price prediction sentiment alongside a Fear & Greed Index rating of 71 (Greed).

6. Helium (HNT)

HNT makes another entry into the top crypto gainers today. Helium’s value is $5.42, registering a 24-hour trading volume of $6.51M and a market cap of $865.78M. The coin shows a 5.78% increase in the last day, marking a notable surge. Moreover, it holds a market dominance of 0.05%, a metric indicating its relative standing within the broader crypto market.

Furthermore, the sentiment surrounding Helium’s price prediction is currently neutral. Meanwhile, the Fear & Greed Index registers 71, indicating a state of ‘Greed’ among investors. Moreover, HNT is ranked #22 in the Ethereum (ERC20) Tokens sector and #39 in the Layer 1 sector concerning market capitalization.

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— Helium🎈 (@helium) January 4, 2024

Likewise, Helium has demonstrated a significant 203% price increase over the last year. This performance places it ahead of 78% of the top 100 crypto assets in the same period, including Bitcoin and Ethereum. Additionally, it is currently trading above the 200-day simple moving average.

7. Sponge V2 ($SPONGE V2)

The Sponge V2 has demonstrated substantial growth since its inception. The coin was initially valued at $1 million, later hitting a market capitalization exceeding $100 million in 2023. Presently, it stands at $16 million, with a community comprising over 11,500 holders.

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Hurry and stake your $SPONGE tokens today! 🔥$SPONGE #Crypto #CryptoStaking pic.twitter.com/QIo0RMz4LT

— $SPONGE (@spongeoneth) January 6, 2024

Moreover, Sponge V2 offers the Stake-to-Bridge model to facilitate the transition for $SPONGE holders to V2. This model aims to incentivize and maintain existing holders through staking mechanisms.

The project’s roadmap outlines intentions for primary exchange listings. Likewise, it has garnered support from a sizable community of 30,000 members. These developments position the $SPONGE V2 project for potential growth. Hence, it has gathered interest from prospective investors seeking opportunities in the cryptocurrency market.