Top Crypto Gainers Today January 7: GMT, Stacks, Conflux, IOTA| Trending Viral hub

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In the last 24 hours, the cryptocurrency market has shown mixed movement, with 19% of coins experiencing positive trends. In particular, GMT emerged as the top winnershowing a substantial increase of 42.22%.

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

Today’s Biggest Cryptocurrency Gainers: Top List

The crypto market experienced a significant resurgence in 2023, following a challenging period in 2022 known as the โ€œcrypto winter.โ€ A notable bullish trend marked this resurgence of several tokens. As such, it has sparked discussions about a potential bull market. As investors consider projections for 2024, indications suggest that this year may be of substantial importance for the market.

1.GMT (GMT)

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

GMT Price Chart

Market sentiment appears optimistic regarding GMT’s price prediction, aligning with a Fear and Greed index of 71, reflecting “greed.” The token is ranked 45th within the Ethereum (ERC20) token sector, backed by a circulating supply of 1.10 billion GMT out of a maximum supply of 6.00 billion GMT.

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

2. Batteries (STX)

STX’s recent bullish trend has made it one of the top cryptocurrency gainers today. Stacks is currently trading at $1.728108 with a 24-hour trading volume of $444.97 million. Furthermore, STX has a market capitalization of $2.47 billion, representing a market dominance of 0.15%. In the last 24 hours, STX price has risen by 17.96%.

STX price chart

Additionally, sentiment on Stacks’ price prediction remains bullish, complemented by a Fear & Greed index reading of 71 (greed). Currently, there are 1.43 billion STX in circulation out of a maximum supply of 1.82 billion STX.

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

3. Confluence (CFX)

Conflux is among the top cryptocurrency gainers today, having surged an impressive 757% over the past year. The market value of CFX is $0.196091, reflecting an intraday rally of 13.23%. Furthermore, Conflux has a market capitalization of $715.00 million and a trading volume of $238.04 million, indicating strong liquidity based on its market capitalization.

CFX price chart

Notably, it is trading above the 200-day simple moving average, indicating a positive trend. In terms of its supply dynamics, the circulating supply stands at 3.65 billion CFX out of a maximum supply of 5.28 billion CFX.

Furthermore, an annual supply inflation rate of 74.40% led to the creation of 1.56 billion CFX in the last year. Market sentiment is currently leaning bullish for Conflux Network price prediction. This perspective aligns with a fear and greed index at a level of 71, indicating a prevailing feeling of greed.

4. IOTA (IOTA)

IOTA is currently trading at $0.261419, with a 24-hour trading volume of $121.65 million and a market capitalization of $804.23 million. In the last day, it increased by 8.40%, entering the cryptocurrencies with the highest gains today.

IOTA price chart

Historically, IOTA saw extremes, reaching an all-time high of $5.54 on December 6, 2017 and a low of $0.077481 on March 13, 2020, after ATH. Since then, it reached a high of $2.68. IOTA market sentiment is bearish, while the Fear & Greed index is at 71, indicating โ€œgreed.โ€

Based on market capitalization, IOTA is ranked 41st in the Layer 1 sector. Furthermore, IOTA has witnessed a price increase of 46% over the past year. Furthermore, it consistently trades above its 200-day simple moving average, and its market capitalization indicates strong liquidity.

5. Manufacturer (MKR)

Notable performance metrics mark Maker’s rise to today’s top cryptocurrency gainers over the past year. MKR price rose an impressive 241%, outperforming 84% of the top 100 crypto assets in the same period. Technical analysis indicates a positive trend, with MKR trading above its 200-day simple moving average.

MKR Price Chart

This metric signifies potential stability in its value, a characteristic exhibited among top gainers. Furthermore, the token has high liquidity, backed by its significant market capitalization. Furthermore, Maker is trading at $1,845.74, with an intraday trading volume of $158.28 million and a market capitalization of $1.7 billion.

The token’s market dominance stands at 0.10%. Notably, it saw a recent value increase of 5.91% in the last 24 hours. Additionally, MKR is ranked #7 in the DeFi coin sector and #14 in Ethereum tokens (ERC20). Furthermore, Maker maintains a bullish price prediction sentiment along with a Fear & Greed Index rating of 71 (Greed).

6. Helium (HNT)

HNT makes another entry among the top cryptocurrency gainers today. Helium’s value is $5.42, recording a 24-hour trading volume of $6.51 million and a market capitalization of $865.78 million. The coin shows an increase of 5.78% in the last day, marking a notable increase. Furthermore, it has a market dominance of 0.05%, a metric that indicates its relative position within the broader crypto market.

HNT Price chart

Furthermore, the sentiment surrounding the helium price prediction is currently neutral. Meanwhile, the Fear & Greed index registers 71, indicating a state of “greed” among investors. Furthermore, HNT is ranked 22nd in the Ethereum token sector (ERC20) and 39th in the Layer 1 sector in terms of market capitalization.

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

7. Sponge V2 ($SPONGE V2)

He Sponge V2 has demonstrated substantial growth since its inception. The coin was initially valued at $1 million, and then reached a market capitalization of over $100 million in 2023. It currently stands at $16 million, with a community made up of more than 11,500 holders.

Additionally, Sponge V2 offers the Stake-to-Bridge model to ease the transition of $SPONGE holders to V2. This model aims to incentivize and maintain existing holders through participation mechanisms.

The project roadmap outlines intentions to list on primary exchanges. Likewise, it has gained the support of a sizeable community of 30,000 members. These developments position the $SPONGE V2 potential growth project. Therefore, it has sparked the interest of potential investors looking for opportunities in the cryptocurrency market.

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