Top Crypto Gainers Today Dec 9 - Cardano, Polkadot, Algorand, Jito

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Today’s crypto market depicts a varied landscape, with approximately 26% of listed currencies experiencing positive movements. Notably, Jito stands out as today’s top gainer, exhibiting an impressive surge of 28.57% within the last 24 hours. Meanwhile, WEMIX Token showcases a decline, marking it as today’s top loser with a -5.86% decrease in value over the same period.

In the broader scope, Rollbit Coin emerges as the frontrunner in yearly performance, boasting an extraordinary 8,161.00% gain over the past year. Reflecting on the year’s outset, Rollbit Coin remains an exceptional performer, having accrued a substantial 7,138.00% increase since the beginning of 2022.

Biggest Crypto Gainers Today – Top List

However, the opposite side of this market showcases significant downturns. Flare, for instance, presents a stark contrast, suffering a staggering loss of -96.58% in the past year. Its dismal performance continues throughout the year, positioning Flare as the worst-performing cryptocurrency since the year’s inception, plummeting by -96.82% in value.

1. Cardano (ADA)

Over the past year, Cardano (ADA) has demonstrated significant price growth, experiencing a 101% increase. This surge has favored it among the top 100 crypto assets, outperforming 70%. It’s trading above its 200-day simple moving average and has shown positive performance compared to its token sale price.

In the last 30 days, Cardano has observed 17 green days, accounting for 57% of the period, indicating consistent positive movements. It is trading near its cycle high, signifying a strong position within its market trajectory. Furthermore, the token maintains high liquidity, which is evident from its market capitalization.

Cardano’s price is $0.634382, with an intraday trading volume and market capitalization of $5.14B and $21.45B, respectively. Moreover, it holds a market dominance of 1.29%, entering the top crypto gainers today. Its recent increase of 28.57% in the last 24 hours has drawn attention to its current market performance.

🗳️ The Cardano Ballot improvements! 🎉

The Ballot has evolved significantly in the past year, becoming a truly custom blockchain-based voting solution.

It continues to provide free, user-based voting, but it is now also possible to leverage it for stake-based voting events.… pic.twitter.com/u2ZcMHFHOd

— Cardano Foundation (@Cardano_CF) December 5, 2023

The prevailing sentiment regarding Cardano’s price prediction is currently bullish. This aligns with a Fear & Greed Index value of 73, indicating a state of greed in the market sentiment.

2. Polkadot (DOT)

DOT’s intraday trading session sees it enter the top crypto gainers today. Polkadot has shown notable growth over the past year, with its price surging by 40%. It’s currently trading above the 200-day simple moving average, signaling a positive trend. Polkadot has demonstrated a commendable performance compared to its initial token sale price.

In the last month, Polkadot experienced 19 green days out of 30, indicating a positive trend in trading. It’s hovering near its cycle high, showcasing a strong position. The asset also maintains high liquidity, reflected in its market cap.

4/ Polkadot treasury proposals:

🔹 Referendum 234 [Polkadot @CoindeskConsensus 2023, April 26-28, 2023 in Austin, Texas]: https://t.co/OoHxB0MGNC

🔹 Referendum 236 [Events Bounty V2 Curator Candidacy]: https://t.co/jWQKpR5MLe

— Polkadot (@Polkadot) December 7, 2023

Polkadot is priced at $7.57, boasting a 24-hour trading volume of $1.51 billion and a market cap of $7.47 billion. Moreover, it holds a market dominance of 0.45%, placing it among the top crypto gainers today. Furthermore, market sentiment currently leans towards bullish for Polkadot. This sentiment is supported by a Fear & Greed Index registering 73, signaling greed in the market.

3. Algorand (ALGO)

Algorand exhibits notable trading patterns and market performance trends. Trading above its 200-day simple moving average indicates a sustained positive trajectory. Over the last 30 days, the currency has experienced 19 positive trading days, accounting for approximately 63% of the time frame. This consistent upward movement is indicative of market activity.

Algorand is close to its cycle high, signaling potential strength in its pricing. Notably, the coin demonstrates high liquidity based on its market capitalization, enhancing its appeal to investors.

As of the latest data, the price of Algorand stands at $0.201765, with a substantial 24-hour trading volume of $415.08 million. ALGO’s market cap is $1.62 billion, contributing to a market dominance of 0.10%.

Congrats @tinymanorg for bringing BNB to Algorand through their partnership with @MessinaOne.

What a milestone for cross-chain opportunities.

🌟 wBNB now available on Tinyman. pic.twitter.com/UTgHIJ9kOL

— Algorand Foundation 🐍 (@AlgoFoundation) December 8, 2023

Over the last 24 hours, the price has surged by 20.14%, entering the top crypto gainers today. Currently, market sentiment is bullish, with the Fear & Greed Index indicating a score of 73, signaling investor enthusiasm.

4. Jito (JTO)

Jito’s price is $3.83, marking a 32.49% increase over the past 24 hours. JTO’s 24-hour trading volume is $2.45 billion, with a market capitalization of $440.07 million and a market dominance of 0.03%.

Notably, Jito reached its all-time high price of $3.93 on December 9, 2023, and its lowest price remains unrecorded. Following its peak, the lowest price observed was $3.77, constituting a cycle low, while the highest price since this low point stood at $3.87, signifying a cycle high.

Community participation and governance are key to growing the ecosystem. 🤝

We recently released our Constitution of the Jito Foundation.

If you are a $JTO holder give it a scan. 👀 https://t.co/NhTBnlieQ0 pic.twitter.com/ib9AUkZIIu

— Jito (@jito_sol) December 8, 2023

With a circulating supply of 115.00 million JTO out of a maximum supply of 1.00 billion JTO, Jito is currently positioned as the #18 ranked asset in the DeFi Coins sector and holds the #3 position in the Solana Network sector. Notably, it maintains high liquidity, evidenced by its market capitalization.

5. Tellor (TRB)

Tellor has entered the top crypto gainers today, experiencing a staggering 579% increase in its price. Notably, it has outperformed 94% of the top 100 crypto assets within this period, surpassing the performance of established cryptocurrencies. Its current trading position is above the 200-day simple moving average, a significant market momentum indicator.

Tellor’s price currently stands at $91.30, with a trading volume of $570.57M and a market cap of $229.62M, indicating high liquidity. Despite this, its market dominance remains relatively low at 0.01%.

Furthermore, the recent 5.23% increase in TRB price over the last 24 hours aligns with its current bullish sentiment. This is reflected in the Fear & Greed Index of 73, indicating investor greed. Regarding market capitalization, Tellor ranks #27 in the DeFi Coins sector and #66 among Ethereum (ERC20) Tokens.

6. Bitcoin ETF Token (BTCETF)

The Bitcoin ETF Token has surfaced as a notable contender within the cryptocurrency sphere. It has drawn considerable attention from investors seeking exposure to Bitcoin through a consolidated investment avenue. The project’s primary objective revolves around the impending development of a Bitcoin Exchange-Traded Fund (ETF). Moreover, it aims to provide a single token-based investment mechanism.

The initiative is strategically aligned with the anticipated approval process of a Bitcoin ETF, offering a distinct proposition to investors by focusing on this aspect. The premise is to capitalize on the ETF approval’s potential impact on Bitcoin’s value, with suggestions from industry experts. Therefore, it indicates a potential surge in Bitcoin’s price by a factor of 1-3 upon ETF approval.

Less than a day remaining until Stage 8 of #BitcoinETF ends!

Stay tuned and watch the countdown! ⏰ pic.twitter.com/2HF1Tss4X2

— BTCETF_Token (@BTCETF_Token) December 9, 2023

The project has garnered traction among investors, having raised $3,214,967 towards its $3,403,654 funding goal. This surge in investor interest underscores the perceived potential of the Bitcoin ETF Token as a compelling opportunity within the cryptocurrency landscape.

7. ORDI (ORDI)

ORDI has experienced an intraday rally, entering the top crypto gainers today. The coin’s price is $52.05, exhibiting a 24-hour trading volume of $2.30 billion. Moreover, ORDI boasts a market capitalization of $1.09 billion, with a market dominance of 0.07%. Over the last 24 hours, the ORDI price has increased by 4.30%.

Regarding supply, 21.00 million ORDI tokens are available out of a maximum supply of 21.00 million. ORDI holds the top rank in the Bitcoin (BRC20) Tokens sector based on market capitalization.

Examining the price movements, ORDI has shown a bullish sentiment in price prediction, aligning with a Fear & Greed Index score of 73 (Greed). Furthermore, the token has been trading above the 200-day simple moving average. Plus, it has experienced 15 positive price days out of the last 30 (50%), indicating a mixed performance.