Top Crypto Gainers Today Jan 6 – Memecoin, Bitcoin SV, Synthetix, Stellar

DailyBlockchain.News AdminJanuary 6, 2024

6 minutes read

Top Crypto Gainers Today Jan 6 – Memecoin, Bitcoin Sv,

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Over the previous 24 hours, the cryptocurrency market has seen diverse actions, with roughly 10% of listed cryptocurrencies displaying constructive tendencies. ConstitutionDAO skilled the most vital upturn, marking a achieve of 38.30% inside this timeframe. Analyzing efficiency during the last 12 months, Injective is the main performer, demonstrating a powerful achieve of two,781.31%.

Largest Crypto Gainers Today – Top Listing

Looking back, Bitcoin’s efficiency in 2023 marked notable developments pushed by numerous components. The anticipated approval of a spot Bitcoin exchange-traded fund (ETF) and the emergence of progressive functions reminiscent of Ordinals, a Bitcoin-based iteration of non-fungible tokens (NFTs), contributed considerably to its upward trajectory.

1. Bitcoin SV (BSV)

Bitcoin SV marks one other entry into the highest crypto gainers at present. The coin is valued at $83.84, with a buying and selling quantity of $163.82 million during the last 24 hours. Its market cap is $1.64 billion, representing a 0.10% market dominance. Over the previous day, the value has seen a 3.79% improve.

Final 12 months, the availability inflation fee was 1.90%, creating 364,726 BSV. Inside the Layer 1 sector, Bitcoin SV holds the twenty seventh place primarily based on market cap. Inspecting its efficiency over the previous 12 months, BSV has proven a major improve of 98% in worth.

BSV Price Chart

It has outpaced 59% of the highest 100 crypto belongings throughout this era and is presently buying and selling above the 200-day easy shifting common. Moreover, it boasts excessive liquidity as a result of its substantial market cap. At the moment, the sentiment surrounding Bitcoin SV’s worth prediction is bullish. The Concern & Greed Index registers at 70, indicating a sentiment of “Greed.”

2. Synthetix (SNX)

Synthetix hits the highest crypto gainers at present with a $3.47 worth and a 2.40% intraday improve. This marks a considerable surge from its all-time low of $0.032478 recorded on January 5, 2019, but notably decrease than its peak of $28.63 on February 14, 2021. The token has skilled fluctuations between its cycle excessive of $4.94 and a cycle low of $1.400150 since its ATH.

SNX Price Chart

Moreover, the token has constantly traded above its 200-day easy shifting common, signifying a sustained constructive development. Moreover, it has seen 15 inexperienced days out of the final 30, amounting to a 50% constructive efficiency ratio.

Synthetix’s Andromeda Launch: Embracing Buyback and Burn

With the Andromeda Launch on @base, 40% of Perps V3 charges might be allotted to purchasing again and burning $SNX tokens utilizing @yearnfi-inspired contracts.

This technique is designed to successfully distribute charges in… pic.twitter.com/KAQCc4er60

— Synthetix ⚔️ (@synthetix_io) January 5, 2024

Synthetix’s present market cap is $398.44M, indicating a excessive degree of liquidity inside its sector. 114.84M SNX tokens are circulating out of a most provide of 212.42M SNX. As per its market dominance, Synthetix holds 0.02% of the general market. The sentiment surrounding Synthetix’s worth prediction is bearish, contrasting with a Concern & Greed Index displaying 70 (Greed). This means blended expectations throughout the market relating to its future trajectory.

3. Bitcoin Money (BCH)

BCH makes one other entry into the highest crypto gainers at present with an intraday buying and selling quantity of $510.27M. Over the previous 24 hours, BCH has seen a modest 0.24% improve in worth. Furthermore, sentiment evaluation suggests a bearish outlook for Bitcoin Money, juxtaposed towards a Concern & Greed Index exhibiting 70 (Greed).

Inside the Proof-of-Work Cash sector, it holds the #4 place in market cap. Furthermore, it secures the highest rank throughout the Bitcoin Money sector and ranks #14 within the Layer 1 sector.

BCH Price Chart

Moreover, the token’s highlights embody BCH’s 138% worth improve during the last 12 months. As such, it outperformed 68% of the highest 100 crypto belongings throughout the identical interval. Likewise, BCH is buying and selling above its 200-day easy shifting common, indicating a constructive development. Moreover, throughout the final 30 days, BCH has seen 15 inexperienced days, accounting for 50% of the noticed interval. Its excessive liquidity is evidenced by its market cap.

4. Sponge V2 ($SPONGE V2)

Sponge V2, launched with an preliminary valuation of $1 million, has displayed important progress tendencies since its inception. Its market capitalization soared to over $100 million in 2023 however presently stands at $16 million. This progress has attracted a group of greater than 11,500 holders.

🚀 Missed Sponge V1’s 100x Success?

With a fair bigger marketing campaign for #SpongeV2, we’re coming again stronger than ever! 💪

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

— $SPONGE (@spongeoneth) January 6, 2024

Furthermore, Sponge V2 introduces the Stake-to-Bridge mannequin, designed to facilitate a easy transition for $SPONGE holders to V2. This mannequin incentivizes and retains current holders by staking mechanisms. Therefore, it presents an strategy to participating and sustaining consumer participation throughout the migration.

Moreover, the undertaking roadmap outlines intentions for main alternate listings and has gathered help from a group of 30,000 members. These plans point out a strategic positioning for potential progress, putting it among the many prime crypto gainers at present. As well as, it has attracted curiosity from potential buyers.

5. Stellar (XLM)

Stellar has seen a notable worth surge, rising by 65% over the previous 12 months. XLM’s worth is $0.119243, with a market cap of $3.37 billion and a buying and selling quantity of $138.75 million within the final 24 hours. Furthermore, Stellar is exhibiting substantial liquidity, as its market cap signifies.

XLM Price Chart

In latest efficiency, the asset has proven power by constantly buying and selling above its 200-day easy shifting common. As well as, it registered 15 constructive buying and selling days within the final month, representing a 50% constructive development fee. Analyzing sentiment indicators, present predictions for Stellar’s worth seem bearish. In the meantime, the Concern & Greed Index, which signifies a degree of 70, signifies greed available in the market sentiment.

For Stellar Group Fund #20, over $1M in XLM was awarded to 31 contributors.

Congrats to everybody and thanks for enjoying a key position in constructing out the Stellar ecosystem!

Discover the total recap right here:

— Soroban (@SorobanOfficial) January 3, 2024

Provide dynamics are additionally price consideration, as Stellar’s circulating provide is at 28.29 billion out of a most provide of fifty billion. With a yearly provide inflation fee of 10.08%, roughly 2.59 billion XLM had been newly minted during the last 12 months.

6. Memecoin (MEME)

Memecoin is presently priced at $0.025176, boasting a 24-hour buying and selling quantity of $57.14 million and a market cap of $221.48 million. With a market dominance of 0.01%, it’s the sixth-largest memetic coin within the sector. Over the previous day, the MEME worth exhibited a 2.45% improve.

The coin’s historical past displays a peak of $0.047306 on December 6, 2023. Nevertheless, post-ATH, its lowest worth was famous at $0.018240 (cycle low), with the best worth since then reaching $0.031205 (cycle excessive).

MEME Price Chart

Market sentiment predicts a bearish trajectory for Memecoin, in distinction to the Concern & Greed Index, which depicts a degree of 70 (Greed). When it comes to its tokenomics, Memecoin has a circulating provide of 8.80 billion MEME out of a most provide of 69.00 billion MEME. This signifies its excessive liquidity relative to its market cap, putting MEME amongst at present’s prime crypto gainers.

7. Ontology (ONT)

Ontology’s present worth is $0.261871, exhibiting a 1.56% improve up to now 24 hours. The coin boasts a buying and selling quantity of $66.38 million, holding a market cap of $229.20 million and a marginal market dominance of 0.01%.

(*6*) ONT Price Chart

Ontology holds the twenty third rank within the Proof-of-Stake Cash sector and sits on the 67th place within the Layer 1 sector primarily based on market cap. Notable points embody a 69% worth surge up to now 12 months, constant buying and selling above the 200-day easy shifting common, and 17 constructive buying and selling days out of the final 30, accounting for 57%.

🔹 Ontology #EVM Upholder: Should you’re proudly holding not less than 6 $ONG on #Ontology EVM, a Loyal #NFT Plus is yours to assert!

Present your help for the ecosystem and be rewarded. 🚀

— Ontology #BUIDL4Web3 (@OntologyNetwork) January 5, 2024

Moreover, Ontology’s worth prediction stays impartial, aligning with a Concern & Greed Index of 70, leaning in the direction of ‘Greed.’ Furthermore, 875.25 million ONT cash are circulated from a most provide of 1.00 billion.