Top Cryptocurrency Earners Today, February 5 – Pendle, Celestia, Chainlink, Optimism

Recent views on the cryptocurrency market show a variety of movements, with around 18% of digital currencies showing positive trends. Between Top Cryptocurrency Earners Today, Marlin stands out, gaining a whopping 20.61% in the last 24 hours. However, Render Token experienced a downturn, recording the biggest loss with a -8.85% decline over the same period.

Biggest Cryptocurrency Earners Today – Top List

Moreover, Dogwifhat emerged as the best performing company, achieving an impressive 4,600.39% increase over the past year. Meanwhile, Liechtenstein cryptocurrency has maintained its star status, surging 170.06% so far in 2022. Meanwhile, on the news scene, the debate continues over the optimal allocation of Bitcoin in various portfolios after the new spot. BTC ETF Released in January.

1. PENDLE

Investors are closely monitoring PENDLE as it rises to become the top cryptocurrency bull today. Pendle’s rise is supported by investor expectations for the & Greed Index, which reads 60 (greed). Meanwhile, the current price of Pendle is $3.12, up 11.10% in the last 24 hours. Likewise, its market capitalization rose 10.95% to $744,243,800, ranking 85th.

Additionally, Pendle is gaining attention for its innovative AMM that supports assets over time. In turn, this gives users greater control over future production. Additionally, Pendle’s current price has surged 3,870%, outperforming 99% of the top 100 coins, including Bitcoin and Ethereum.

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Ride the Pendle and take your harvest #LRT 🚅

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✅ Accelerated point accumulation (up to 29x) pic.twitter.com/OEGQdabHML

— Pendle (@pendle_fi) February 5, 2024

Likewise, Pendle is trading above its 200-day simple moving average, which is generally considered an overall uptrend. Likewise, there have been 16 green days in the last 30 years and Pendle is hitting record highs. Pendle also boasts high liquidity with a market capitalization and market share of 0.04%.

2. Celestia (TIA)

Recent market movements actively indicate a bullish trend for TIA, with the coin showing resilience at the $17 support level. Therefore, analysts predict that Bitcoin is likely to surge to $30 if its market behavior changes favourably.

Moreover, the price of TIA showed strength, surging past $16 thanks to positive sentiment. Moreover, over the past 24 hours, buyers have continued to actively push the TIA price to $18.1, up 2.2% from yesterday.

However, it is important to monitor the market as selling pressure is expected near $20, which could lead to a recession. Holding the price above $20 could actively indicate continued buying momentum. Nonetheless, a break below the rising support line could push the Relative Strength Index (RSI) into oversold territory, potentially increasing selling pressure.

3. Chainlink (LINK)

Chainlink’s native token, LINK, has entered the top cryptocurrency bull market today, indicating potential price upside. Therefore, analysts believe that LINK will trend upward, with targets targeting much higher than its current trading price.

Turning to the analysis, experts highlight that LINK has recently entered breakout territory. Along these lines, this indicates a potential rise to $47.15, representing a significant increase of 153%. It also suggests that LINK is likely to surge past the important $16.54 level and towards $29 with a successful weekly close.

.@dypius Integrated Chainlink #CCIP across @avax, @Base, @BNBChainand @Ethereum.

How Dypius unlocks secure cross-chain NFT transfers within its ecosystem using industry standards👇https://t.co/KEwRgBQOnC pic.twitter.com/0Z0gK72QHL

— Chainlink (@chainlink) February 2, 2024

Moreover, LINK’s current position above the 200-day SMA and positive performance relative to the initial token sale price contribute to the upward momentum. Additionally, the coin’s resilience is evident in that the 16/30 green day accounts for 53% of the recent trading period. Additionally, LINK’s high liquidity based on market capitalization and proximity to high liquidity cycles support analysts’ optimistic outlook.

4. Optimism (OP)

Ahead of the Bitcoin halving in 2024, Optimism has made notable progress, making it one of the top cryptocurrency bulls today. In recent news, it has partnered with Orderly Network to improve its features and attract more users. Despite a slight drop in transaction value from $4.20 to $3.16, OP still plays a large role in the Ethereum ecosystem. This puts us in a position to accommodate more participants and funding.

Additionally, PO’s integration with the Orderly Network resulted in an 800% increase in addresses, indicating growing interest in the platform. Additionally, Optimism is showing strong market performance with a market capitalization of $2,924,957,626.

Likewise, the last day’s trading volume increased to $134,400,513. Moreover, the optimism is that the stock is trading above its 200-day simple moving average, which suggests market stability and investor confidence.

5. BLUR

Blue (BLUR) is quickly gaining momentum in the cryptocurrency space thanks to Ethereum’s innovative NFT trading platform. The platform’s decentralized approach has several features: This includes easily accessible floor cleaning, real-time price updates, and portfolio management tools.

Following the introduction of instant loyalty access for creators along with significant airdrops and token-based rewards within the NFT community, Blue (BLUR) has quickly attracted a vibrant and dedicated user base. This surge in activity positions Blue (BLUR) as a strong contender in the expanding NFT market and promises a bright future.

The price of BLUR is $0.589758, up 3.18% in the last 24 hours. Moreover, it is trading above the 200-day moving average. BLUR is attracting attention among investors due to its high liquidity and market dominance of 0.01%.

6. SPONGE V2 ($SPONGE V2)

A new member is added to the Sponge project. Sponge V2, into the crypto space. Therefore, we are introducing a unique Stake-to-Earn method via ERC-20 tokens on the Ethereum network. This innovative approach connects Sponge VI to V2. It also provides users with unprecedented token conversion and utility enhancement opportunities.

What is staking? Staking involves users locking up tokens in a smart contract for a specified period of time to earn additional tokens. Sponge V2 allows users to earn $SPONGEV2 by actively staking $SPONGE. So there are significant changes compared to the previous model.

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Now it is over 6 billion. $sponge $3,958,206.14 worth of tokens have been staked! 🤯

Our holders enjoy an impressive current APY of +250%. 🚀

Soak up the moisture with us!! 🧽🧽☀️#Sponge V2 #Cryptocurrency #web3 #how #100x pic.twitter.com/llxFF0hfby

— $SPONGE (@spongeoneth) January 26, 2024

Additionally, a key feature of Sponge V2 includes a staking bonus where users actively stake $SPONGE to reserve an amount equal to $SPONGEV2. Additionally, staked $SPONGE tokens are subject to a permanent VI lock. Therefore, phasing out VI tokens after the launch of V2 emphasizes the forward-looking approach of the project.

$SPONGE V2’s utility also extends beyond earning rewards, introducing custom Play-to-Earn (P2E) games within the Sponge ecosystem. The game allows users to participate and rank on leaderboards to earn $SPONGEV2 tokens.

Additionally, the Sponge team aims to serve a diverse audience by offering free and paid versions of its P2E games. The free version offers casual entertainment. Additionally, the paid version allows users to actively utilize it. $SPONGEV2 Tokens for purchasing game credits, improving your earning potential within the game.

Visit Sponge V2

7. Manta Network (MANTA)

The recent market correction has pushed MANTA to a solid support level of $2.70, suggesting upside potential ahead. An analysis of volume and relative strength index (RSI) indicators shows a promising outlook, with MANTA expected to potentially reach $5. Currently trading at $2.83, MANTA has surged 3.36% in the last 24 hours.

Additionally, the token is close to its all-time high of $2.84, showing positive performance compared to its initial sale price. MANTA also offers an attractive opportunity for cryptocurrency enthusiasts with strong liquidity based on market capitalization.

🎉 Distribution of Manta rewards for TIA #Manta Pacific!

We are pleased to distribute $MANTA Reward users who bridge $TIA through @Hyperlane_xyz It is used in various dApps in the Pacific ecosystem. pic.twitter.com/PjQDoPdBiZ

— Manta Network(🔱,🔱) #MantaNewParadigm(@MantaNetwork) January 31, 2024

Moreover, the Fear and Greed Index was recorded at 60, reflecting sentiments biased towards greed. Likewise, this is consistent with MANTA’s bullish price forecast sentiment.

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