Top Crypto Earnings Today January 21: Dogecoin, FLOKI, Huobi Token, THORChain| Trending Viral hub

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After a slight outflow yesterday, today’s session shows a 23% positive streak among various tokens. Cartesi emerges first among the top cryptocurrency winners today, with an impressive increase of 58.77% in the last 24 hours. On the contrary, Dogwifhat falls as today’s biggest loser, experiencing an unfortunate -8.31% loss over the same period.

Today’s Biggest Cryptocurrency Gainers: Top List

Over the past year, Dogwifhat achieved an extraordinary gain of 6,570.21%, demonstrating its resilience and long-term growth potential. However, ApeCoin is facing a major setback, losing 75.43% of its value in the last 12 months. In the information landscape, the US National Stock Market Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs).

1. Dogecoin (DOGE)

DOGE’s entry among today’s top winning cryptocurrencies is drawing the market’s attention. Dogecoin has entered a bullish zone, leading a new memecoin revolution following the announcement of X Payments accounts on July 20. At the time of writing, Dogecoin is changing hands at $0.08818, recording an intraday increase of 11.13%.

Analyzing the current on-chain data, Dogecoin has grown substantially from a 24-hour low of $0.07899 to its current trading level. Furthermore, this revival is driven by a notable 289.72% increase in trading volume, bringing the total DOGE traded to $1,303,078,319.

DOGE price chart

Furthermore, the current bullish outlook for Dogecoin is in sync with increased whale activity within the network. Additionally, IntoTheBlock data reveals a 21.25% increase in memecoin whale volume, reaching $1.21 billion. This resurgence has boosted the altcoin market as Bitcoin sees a 44.27% drop and Ethereum sees a 42.83% drop to $2.4 billion.

2. FLOKI (FLOKI)

Along with other meme coins, Floki has attracted attention for its impressive market performance. With a current price of $0.00003156, the token saw an increase of 9.00% in the last 24 hours. Along these lines, it boasts a traded volume of $91.13M, 819.63% in the last intraday session. Similarly, Floki outperformed 83% of the top 100 crypto assets and demonstrated a 182% price increase over the past year.

FLOKI Price chart

The greens are in full swing as Floki is trading above the 200-day SMA, raising its market cap by 9.08%. Furthermore, the Floki staking program has locked 2.5 billion FLOKI tokens for 3 to 48 months. This figure constitutes more than 26% of the circulating supply. Despite these compromises, the annual percentage yield (APY) remains attractive, reaching an impressive 79%.

Furthermore, those who stake FLOKI will benefit from the token’s rise and will also get TokenFi, the sister token of Floki Inu. With over 50% of the total TokenFi supply allocated to FLOKI stakeholders, TokenFi positions itself in the burgeoning #tokenization industry. If investors watch closely, the currency could reach $16 trillion by 2030.

3. Huobi Token (HT)

Huobi Token is showing a significant rally today, rising 14.99% to $1.789166. The trading volume is $20.15 million, showing strong liquidity considering the market capitalization of $290.26 million. Despite a 0.02% market dominance, the HT market outlook is bearish; However, a greed score of 56 shows that investors are buying on a projected uptrend.

HT Price Chart

Furthermore, 162.23 million HT out of a maximum of 500.00 million HT are currently in circulation. Furthermore, the annual supply inflation rate is 5.79%, which generated 8.88 million HT in the last year.

As an important note, Huobi Token appears oversold, hinting at a possible rise. Likewise, its significant liquidity, reflected in the market capitalization, increases its attractiveness. While sentiment is bearish, HT’s historical performance and current market indicators suggest a healthy pick.

4. Ocean Protocol (OCEAN)

Ocean Protocol reaches the top cryptocurrency gainers today, valued at $0.456683, showing an intraday increase of 6.84%. In addition to being among those who earned the most, it grew by 38% last year.

OCEAN Price chart

With an active presence on major trading platforms, Ocean Protocol has a market capitalization of $243.78 million. This confirms OCEAN’s liquidity with its market capitalization, consolidating its dominance with a 0.01% market share.

Persistently above the 200-day simple moving average, Ocean Protocol is showing a steady upward trend. Furthermore, the project maintains a positive trajectory with a negative annual inflation rate of -12.93%. Furthermore, a neutral price prediction sentiment and a fear and greed index of 56 (greed) offer a balanced outlook for potential investors.

5. Sponge V2 ($SPONGE V2)

Sponge is gearing up for a notable comeback with the release of Sponge V2, a significant improvement over its predecessor, Sponge V1. Taking advantage of the anticipated bull market, Sponge V2 builds on the foundation of V1 and introduces the innovative Play-to-Earn (P2E) utility to the Sponge ecosystem.

Additionally, Sponge is actively conducting pre-sale for users to make a smooth transition from the previous version. The pre-sale offers exclusive bonuses and implements an automatic betting system to retain the existing community and attract new participants.

Sponge’s growth story is impressive, starting with a $1 million valuation. Building on that momentum, she reached a peak market cap that surpassed $100 million in 2023 before settling at $16 million.

6. Injective (INJ)

The Injective ecosystem is booming and hitting all-time highs in key metrics daily with its latest mainnet launch. Active wallets, transactions, volume, total value locked (TVL), and dApps are positive overall. Meanwhile, the injective token is showing resilience, catching up with the top-gaining cryptocurrencies today, priced at $36.91 after rising 5.76%.

INJ Price chart

Furthermore, Injective showed price fluctuations, previously trading in a narrow range between $36,668 and $38,942. However, it entered a consolidated phase for about a week between $38,942 and $43,933. But the bull run required strength, leading to a correction of about 17%.

Additionally, Injective’s market capitalization currently stands at $3.27 billion, with a strong 24-hour trading volume of $468.65 million. Similarly, the greed index reading of 56 indicates a prevailing sense of greed in the market. This suggests that a bull run is just around the corner.

7. THOR Chain (RUNE)

Investors are closely monitoring THORChain, which is up 4.82% to $4.28. With a trading volume of $143.17 million and a market capitalization of $1.45 billion, THORChain has a market dominance of 0.09%. The coin’s historical data reveals its high at $20.98 on May 19, 2021. Meanwhile, its low at $0.007620 on September 11, 2019.

RUNE Price chart

Furthermore, THORChain is actively trading above the 200-day simple moving average, showing positive performance relative to the selling price of its token. Furthermore, the currency maintains solid liquidity, as evidenced by its significant market capitalization.

Despite these positive indicators, the current sentiment towards THORChain is leaning towards the bearish trend. However, the Fear and Greed index alignment of 56 indicates the greed of investors. This metric suggests that an upward trend is possible.

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