Top Cryptocurrency Earners Today January 20 – Ronin, Akash Network, Sushi, Theta Network

adminJanuary 21, 2024

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Today’s trading session reflects a change from yesterday’s bearish outlook, with 23% of cryptocurrencies seeing gains. that much Who has performed exceptionally well in the last 24 hours? API3 token showed an impressive rise of 67.76%.

On the other hand, Huobi Token suffered a notable decline, recording a significant loss of -25.78% during the same period. Over the past year, Dogwifhat has garnered attention as a top performer, boasting an impressive rise of 7,098.16%.

Biggest Cryptocurrency Earners Today – Top List

ApeCoin, on the other hand, witnessed a significant -72.25% loss, claiming the unfortunate title of being the worst performing coin over the past 12 months. Meanwhile, cryptocurrency enthusiasts have enthusiastically embraced the newly launched spot Bitcoin ETF, with an impressive $3.33 billion flowing into the fund within the first five days of trading.

1. Ronin (RON)

Ronin’s blockchain official cryptocurrency wallet has been significantly upgraded to improve functionality. Sky Mavis is a team that developed the P2P (Play-to-Earn) NFT game Axie Infinity integrated multichain. This integration supports the Ronin wallet app for iOS and Android users.

RON price chart

So, with the latest update, users can easily access the Ethereum mainnet. Through the extension, users will also have access to the Ethereum sidechain Porygon and Binance’s BNB chain. Moreover, Ronin’s market outlook is positive with an optimistic price forecast. However, traders are fearful and the greed index is neutral at 51.

1/ Today, Ronin Wallet evolves.
Security has been strengthened. New blockchain. A more refined and intuitive design.
Feel the future of gaming at your fingertips by checking out the latest Ronin Wallet updates on your favorite app store now 🧵👇 pic.twitter.com/XEYbytlfVD
— Ronin (@Ronin_Network) January 19, 2024

With a positive outlook, Ronin recorded a 375% price increase last year, outperforming 90% of the top 100 tokens. Moreover, the recent trends of the coin are reassuring. RON has been above its 200-day SMA with 16 (53%) green days over the last 30 days.

2. Chiliz (CHZ)

Chiliz was the top cryptocurrency gainer today, following a positive performance over the past week. Additionally, Chiliz showed an upward trend, recording a price increase of 12.60%. CHZ is at $0.099266, with an intraday trading volume of $323.09 million.

CHZ price chart

Additionally, Chiliz has a market capitalization of $882.3 million, solidifying its position as the 5th largest NFT token. Chiliz demonstrates resilience and steady market presence with a market dominance of 0.05%.

Layer 1 sports blockchain Chiliz Chain surpasses 10 million first transactions. 🎉
See all deals 👉 https://t.co/S8N2ZvTkbT#ChilizChain ⚡️ $CHZ pic.twitter.com/lKWwoIG9IA
— Chiliz ($CHZ) – Home of SportFi ⚽🏆 (@Chiliz) January 17, 2024

Moreover, Chiliz’s positive trajectory is reflected above its 200-day SMA, reflecting a continued bullish trend. Meanwhile, market sentiment is consistent with this optimism, with the Fear and Greed Index hitting a neutral reading of 52.

3. Akash Network (AKT)

AKT has shown a resilient recovery trajectory, beginning a rebound from $0.74 in mid-October 2023. In three months, the coin has experienced a powerful surge of nearly 288% and is currently hovering around $3.84.

AKT price chart

This upward momentum, characterized by intermittent declines, reflects continued growth as buyers re-engage after brief downturns. Likewise, these downtrends form a flag-like pattern, suggesting an early indicator of an impending rally.

On January 19, AKT successfully broke out of the flag pattern, confirming the uptrend. This recovery could extend by around 30% in a favorable market scenario, targeting the $3.7 level.

2023 was one of the most important years in the history of Akash.
• Created a fundamentally open process for network development.
• Network support for NVIDIA and AMD GPUs is enabled.
• Started training basic AI models on Akash.
• Akash Chat and SDXL inference app launched… pic.twitter.com/SZQaivzZm3
— Akash Network (@akashnet_) January 9, 2024

Additionally, Akash Network’s price is $2.81, followed by intraday trading volume of $4.72 Million. Additionally, AKT boasts a market capitalization of $634.11 million and a market dominance of 0.04%. In the last 24 hours, AKT price has surged 8.38%.

4. Siacoin (SC)

Siacoin was the top cryptocurrency gainer today, up 11.33% to $0.011702. SC recorded a cumulative trading volume of $11.78 million in the last 24 hours.

SC price chart

Additionally, Siacoin has a market capitalization of $657.76 million, making it the 8th largest proof-of-work coin and 45th in the layer 1 sector. Siacoin maintains a steady position with a market dominance of 0.04%.

🚀 Only a few days left until the Sia Innovate & Integrate event. #hackathon! Finish your project:
– Assign a track to DevPost.
– Polishes to perfection.
– Make it publicly accessible.
– Check submission criteria: https://t.co/TaweJtKmMB
Don’t miss it!#am #Decentralized storage 🌟
— Sia Foundation (@Sia__Foundation) January 12, 2024

Additionally, SC has had 19 of the last 30 green days, reflecting continued upward momentum. Meanwhile, the Fear and Greed Index stands at 52, indicating neutral market sentiment. However, Siacoin’s current position above its 200-day SMA signals an upcoming rally.

5. SUSHI

Sushi holders are having a positive trading session as the coin remains strong at $1.102504. The gains amounted to an impressive 8.86%, reflecting SUSHI entering the best cryptocurrency rally of the day. With this rally, the coin trading volume was $78.12 million, securing market dominance of 0.02%.

sushi price chart

Sushi isn’t just about riding the wave. It is trading confidently above its 200-day simple moving average, which is a positive sign for investors. In the past 30 days, we have experienced 15 green days, resulting in a significant uptick of 50%.

Despite the current bearish sentiment, Sushi remains solid as indicated by the Fear & Greed Index of 52. It is currently ranked 27th in DeFi coins and 9th in yield farming. Sushi also ranks 60th among Ethereum (ERC20) tokens by market capitalization.

2/Why? #defin Is it important? 🌐
This is more than just technology. It’s about people-centric networks. Imagine participating in and benefiting from the infrastructure you use every day! 💪
Key sectors include storage, computing, Wi-Fi, energy, mobility, health, and more! 📚💻🌍💡🚀🏥 pic.twitter.com/JN8DLEeGe3
— Sushi.com (@SushiSwap) January 18, 2024

Looking at supply dynamics, Sushi’s circulating supply amounts to 232.02 million units out of a maximum supply of 250 million units. Meanwhile, the annual supply inflation rate was 82.34%, with 104.77 million SUSHI created over the past year.

6. Theta Network (THETA)

The Theta network has had quite a journey since its last low, surging all the way to $1.448180. Currently, bearish sentiment prevails, with the Fear and Greed Index sitting at a neutral 52.

THETA price chart

In addition, it stands out in the cryptocurrency field, ranking 21st among Ethereum (ERC20) tokens. Moreover, its reputation extends to NFT tokens, ranking 4th in the Metaverse category and 38th in the Layer 1 category. Meanwhile, the circulating supply of this coin is 870.5 million THETA out of a maximum of 1 billion.

Over the past year, the Theta token has shown resilience, boasting an 11% price increase. Maintaining a position above the 200-day simple moving average indicates a positive trend. Additionally, its current market capitalization is $886.24 million, highlighting its solid performance.

Did you know that some of today’s largest traditional media companies are already leveraging Web3 technology on their websites?
Theta’s innovative white label digital copyright solutions and DRM technologies allow @tasteofhome You can easily integrate fully immersive experiences into your own projects. pic.twitter.com/tmUdz0OKjS
— Theta Network (@Theta_Network) January 12, 2024

As of the latest update, the value of Theta token is $1.018083, an increase of 6.59% in the last 24 hours. With a 24-hour trading volume of $35.85 million, it boasts a market dominance of 0.05% and is showing off its liquidity.

7. SPONGE V2 ($SPONGE V2)

Sponge is Sponge V2, an upgrade over its predecessor, Sponge V1. Sponge V2 leverages the anticipated bull market to build on the foundation laid by V1 and introduces Play-to-Earn (P2E) utility to the Sponge ecosystem.

To ease the transition from previous versions, Sponge is currently running a pre-sale offering exclusive bonuses and an automated staking system. This strategic move aims to sustain the existing community and attract new participants.

📢 $sponge update!
We reached a new milestone by staking 5,390,882,888 tokens worth $5,233,589.24! 🌟
The current APY is +300% and the price is $0.0009663 (+18% increase). $sponge Stronger than ever. 🧽
Don’t miss out and participate in the takeover! 🚀💰#Sponge V2 #web3 #how pic.twitter.com/GMhqAnTehI
— $SPONGE (@spongeoneth) January 19, 2024

Sponge’s trajectory has been marked by remarkable growth. Starting with an initial appraised value of $1 million, Sponge V2 It experienced a significant surge, reaching a peak market capitalization exceeding $100 million in 2023 before settling at $16 million.