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Today’s crypto market witnessed significant gains in cryptocurrencies. Investors and traders closely monitor these digital assets as they experience notable price surges.
Over the last 24 hours, the total trading volume for cryptocurrencies has been $250.67 billion, reflecting a 29.08% reduction. This substantial drop in trading volume may signal decreased trading activity, potentially impacting the market’s overall liquidity.
Biggest Crypto Gainers Today – Top List
However, Bitcoin’s intraday dominance in the market saw a 0.57% decline at 52.06%. This metric indicates that Bitcoin’s relative importance in the cryptocurrency market has slightly decreased, potentially as other cryptocurrencies gain ground.
1. Mask Network (MASK)
As of today, the price of Mask Network stands at $3.39, with a 24-hour trading volume of $202,981,437. Over the past 24 hours, it has witnessed a significant 19.73% price increase, placing it among the top crypto gainers today. Moreover, its market capitalization has surged by the same percentage, reaching $278,279,938.
The 24-hour trading volume has seen a substantial increase of 233.55%, totaling $202,981,437. In addition, MASK boasts a circulating supply of 82,112,500 coins out of a maximum supply of 100,000,000.
Mask Network aims to enhance privacy and decentralization in social media, primarily through open-sourced browser extensions. This endeavor has garnered notable interest from investors, with some experts speculating its potential.
1/3 Starting this November, Mask will publish monthly research reports on the hottest topics in the Web3 world.
Disclaimer: the research is only for informational purposes, it is not intended as financial or investment advice.https://t.co/Ygke9eWOqm
— Mask Network (mask.io) (@realMaskNetwork) November 1, 2023
According to forecasts, the maximum price of MASK could reach around $7.24 should the broader crypto market sustain its recovery. Additionally, an average price of $6.39 for MASK by 2023 is anticipated. However, in a bearish trend, the minimum expected price value for MASK in 2023 is $5.53.
2. Trust Wallet Token (TWT)
Today’s cryptocurrency market has seen Trust Wallet Token (TWT) experience a 22% surge in value. This surge was driven by the much-anticipated listing of TWT on Binance futures, propelling the token’s price to $1.3568.
The coin takes the #2 spot on the list of the top crypto gainers today. As such, cryptocurrency investors closely monitor Trust Wallet Token due to its untapped potential.
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— Trust Wallet (@TrustWallet) November 2, 2023
Price at $1.24, TWT has seen a 14.99% increase in the last 24 hours, with the market cap rising by 7.15% to $508,248,815. Moreover, the 24-hour trading volume surged by 391.27%, reaching $192,570,321. Trust Wallet Token currently has a circulating supply of 416,649,900 TWT coins and a maximum supply of 1,000,000,000 TWT coins.
3. TG.Casino (TGC)
At the time of writing, TG.Casino is currently ranked 3rd among the top crypto gainers today. It has successfully raised over $1,665,812, with its native token, TGC, trading at $0.1375. The project’s primary objective is to reach a funding goal of $2,500,000 in its ongoing presale.
$2 🔀 $4921.60
Wanted Dead Or a Wild is the hottest game on $TGC right now!@hacksawgaming pic.twitter.com/vfoBCL4MJK
— TG Casino (@TGCasino_) November 3, 2023
One of the contributing factors to the project’s initial success is its well-structured staking rewards system. The approach to the design of this staking mechanism addresses a common concern in many cryptocurrency projects. Unlike some projects where rewards are solely tied to staking emissions, TG.Casino offers a more diversified approach.
Moreover, the $TGC tokens in the presale serve a dual purpose within the project. These tokens provide an opportunity for staking rewards, boasting an Annual Percentage Yield (APY) exceeding an impressive 3,000%.
Additionally, they play a crucial role in a profit-sharing scheme, which includes token buybacks. This dual utility aspect can be an appealing proposition for potential investors looking to participate in the project.
4. Ark (ARK)
The present market data for Ark (ARK) indicates a current price of $1.21, along with a 24-hour trading volume of $293,637,419. Over the past 24 hours, Ark has experienced a 16.46% increase in value.
Moreover, Ark holds a market capitalization of $213,167,753, placing #4 on the list of the top crypto gainers today. The cryptocurrency has a circulating supply of 176,666,524 ARK coins, while information regarding its maximum supply is unavailable.
Welcome to the last week of October as we wrap up another week at ARK
Here is the newest installment of our Weekly Dev Reporthttps://t.co/FmPAk3uDGG pic.twitter.com/cMNKm4xXUu
— ARK.io (@ArkEcosystem) October 27, 2023
Furthermore, Ark is a blockchain-based development platform that empowers users to create customizable and interoperable blockchains. This is achieved by reducing the reliance on smart contracts through custom transactions, logic, and support for multiple programming languages.
5. Akash Network (AKT)
Akash Network (AKT) is presently trading at $1.043752, with a 24-hour trading volume of $3.63 million. Boasting a market capitalization of $230.53 million, it currently holds a market dominance of 0.02%. Over the past 24 hours, AKT’s price has risen by 6.53%.
Moreover, the all-time high for Akash Network was achieved on April 6, 2021, when it reached $8.04. On the other hand, its all-time low was recorded on November 21, 2022, at $0.166008. Following its all-time high, the lowest observed price was $0.166008, and the highest reached $1.725760.
Currently, the sentiment around Akash Network’s price prediction is bullish. Furthermore, the Fear & Greed Index reads 65, indicating a sense of greed in the market.
In terms of token supply, there are 220.87 million AKT tokens in circulation out of a maximum supply of 388.54 million AKT. The current yearly supply inflation rate is 93.98%, with 107.01 million AKT tokens created in the past year.
Final setup is underway for the first-ever foundation model trained on a distributed network.
The original plan, as outlined in the initial proposal, was based on Stable Diffusion 1.5 as the base model. After careful consideration, the team pivoted to using Pixart-Alpha as the…
— Akash Network (@akashnet_) November 2, 2023
Akash Network holds the #5 position among the top crypto gainers today and is ranked #8 in the AI Crypto sector. Moreover, the project aims to disrupt traditional cloud services by offering an open-source, decentralized marketplace for cloud computing.
6. Nervos Network (CKB)
Nervos Network (CKB) is currently priced at $0.003290, with a 24-hour trading volume of $24.25 million. It holds a market capitalization of $140.77 million, constituting a market dominance of 0.01%.
In the last 24 hours, the price of CKB has risen by 4.44%. At present, the market sentiment for the token is bullish. Furthermore, the Fear & Greed Index registers a score of 65, indicating a “Greed” sentiment.
Moreover, CKB has a circulating supply of 42.79 billion out of a maximum supply of 36.68 billion. The annual supply inflation rate stands at 28.34%, resulting in the creation of 9.45 billion CKB in the past year.
Its November already?! 🤯
The halving party is only 19 days away!🤩
Make sure to join the Discord server for the latest on the best $CKB event of the year!🎉
👇👇👇https://t.co/Fhtefjbi2S pic.twitter.com/82nZP6nYD4— Nervos.bit (@NervosNetwork) November 2, 2023
Regarding market rankings, Nervos Network is positioned at #14 in the Proof-of-Work Coins sector. Likewise, it is placed #80 in the Ethereum (ERC20) Tokens sector and #6 on the list of top crypto gainers today.
Noteworthy highlights include outperforming 50% of the top 100 crypto assets over the past year and trading above the 200-day simple moving average. Moreover, it boasts 18 green days out of the last 30 days (60%) and has high liquidity based on its market capitalization.
7. NEAR Protocol (NEAR)
NEAR Protocol (NEAR) is presently trading at $1.516604, with a 24-hour trading volume of $526.83 million and a market capitalization of $1.50 billion. Also, it maintains a market dominance of 0.12% within the Layer 1 sector. Over the last 24 hours, NEAR’s price has increased by 3.27%.
The coin has a current circulating supply of 990.45 million out of its maximum supply of 1.00 billion. Notably, there has been a yearly supply inflation rate of 25.82%. Therefore, it resulted in the creation of 203.25 million NEAR in the past year.
The race to NEARCON is on!
We’re sailing into the future of fan engagement with @SailGP ⛵️
Hear from SailGP Director of Technology Development and Delivery, Matt Lord, explore the fan journey in the @SailGP Lounge and get access to free digital collectibles, treats & NCON to… pic.twitter.com/iAkoKQMLmj
— NEAR Protocol (@NEARProtocol) November 2, 2023
It’s worth mentioning that NEAR Protocol is currently ranked 20th in the Layer 1 sector, placing it #7 among the top crypto gainers today. The coin trades above its 200-day simple moving average, with 20 green days out of the last 30 (67%). Additionally, it is trading near its cycle high, and its market cap indicates high liquidity.
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