Top Cryptocurrency Gainers Today, December 18 – Injectables, Bitcoin ETF Tokens, EthereumPoW, Storj
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Various fluctuations across the cryptocurrency space define the current environment. Currently, about 9% of cryptocurrencies are showing a positive trend. Led by Asta winner today, has surged a whopping 36.18% in the last 24 hours. Meanwhile, Internet Computers recorded the largest decline, experiencing a notable decline of -13.39% during the same period.
Biggest Cryptocurrency Earners Today – Top List
In recent news NFT trading platform A security breach occurred at NFT Trader. This led to unauthorized access and theft of All Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs). The cost of hacked tokens reached nearly $3 million as of December 16.
However, immediate action was taken by community-led initiatives to recover these tokens. This action was carried out by Boring Security, a non-profit Web3 security project primarily funded by ApeCoin.
1. Asta
Astar has seen tremendous growth in the past year, with its price soaring 169%. This surge is impressive considering it outperforms roughly 79% of the top 100 cryptocurrency assets. Moreover, this coin started the trading day among the top cryptocurrency gainers today.
Currently, Astar is performing quite well on the trading side. It is comfortably above the 200-day moving average, which usually indicates a steady upward trend. Over the past month there have been 19 good days out of 30, showing solid consistency in positive movements.
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— Astar Network (@AstarNetwork) December 17, 2023
Investors are also optimistic about Asta. Price predictions are solid and market sentiment, as measured by the Fear and Greed Index, is at 65, indicating “greed” conditions.
2. Stack (STX)
The stack currently shows a positive price outlook, with a greed sentiment of 65 on the Fear & Greed Index. Of the maximum supply of 1.82 billion coins, 1.43 billion STX are in circulation. In addition, STX’s annual supply inflation rate was 6.19%, creating 83.28 million STX over the past year.
In market capitalization rankings, Stacks ranks 14th among Ethereum (ERC20) tokens. Additionally, it ranks 26th in the Layer 1 category, making it one of the best cryptocurrency bulls today. Stacks shows significant liquidity based on market capitalization, suggesting significant trading volume.
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— stacks.btc (@Stacks) December 16, 2023
Over the past year, its price has surged 383%, outperforming 90% of the top 100 cryptocurrency assets. It is also consistently trading above the 200-day simple moving average. Additionally, the token has seen positive trading on 19 of the last 30 days, representing a positive trading frequency of 63%.
3. Injection (INJ)
INJ entered another top cryptocurrency rally today. Injective shows a positive price outlook based on the Fear and Greed Index, which reads 65 (greed).
Regarding market rankings, Injective holds 5th place in DeFi coins, 3rd place in Layer 2, and 1st place in AI crypto. INJ experienced a price increase of 2,145% last year, surpassing 99% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. It also maintains a position above the 200-day moving average and is showing positive performance compared to the token sale price.
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— Injective 🥷 (@Injective_) December 16, 2023
The recent trend indicates a 50% uptrend, with 15 positive trading days in the last 30 days. Currently trading near peak cycles, Injective shows high liquidity based on market capitalization.
4. Woo Network (WOO)
Over the past year, the price of WOO Networks has soared by a whopping 220%, showing remarkable growth. It outperformed 83% of the top 100 cryptocurrency assets and outperformed larger players such as Bitcoin and Ethereum. It is currently trading above the 200-day moving average, indicating a positive trend compared to the initial sale price.
Last month, the WOO Network price increase rate was 16 out of 30 days, or 53% of the total period. The market capitalization indicates good liquidity, which means that it is fairly easy to buy and sell.
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– WooX (@_WOO_X) December 18, 2023
WOO Network’s price is $0.389596, with a 24-hour trading volume of $196.67M and a market cap of $693.86M. There has been continued activity in the market with a gain of 4.74% over the past day. Of the 3 billion WOO, 1.78 billion WOO are in circulation, increasing the annual supply by 49.10%. This added 586.52 million WOO last year.
5. STORJ
STORJ is the top cryptocurrency gainer today, up 4.36% intraday. The token price is $1.089534, the trading volume is $475.80M, and the market capitalization is $428.29M. Market dominance is 0.03%, recently rising 4.36%. Additionally, market sentiment in Storj appears to be bullish, with a Fear and Greed Index of 65 (Greed).
Storj ranks 37th among Ethereum (ERC20) tokens and 50th in the Layer 1 category. Key highlights include an incredible 299% price increase over the past year, surpassing 86% of the top 100 cryptocurrency assets during this period.
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— Storage (@storj) December 13, 2023
It also outperformed Bitcoin and Ethereum and consistently traded above its 200-day simple moving average. Moreover, recent trends indicate that 16 of the last 30 days (53%) have been green days, indicating that trading is currently near its peak cycle. The token maintains high liquidity based on its market capitalization and maintains an annual negative inflation rate of -4.80%.
6. Bitcoin ETF Token (BTCETF)
that much Bitcoin ETF Token The project made waves as it proposed a simpler way to invest in Bitcoin through an exchange-traded fund (ETF) using the token. This revolves around hopes that a Bitcoin ETF could soon receive approval from regulators, boosting the value of Bitcoin by one to three times its current value.
Investors showed great interest, supporting the project with $4,707,387, exceeding the target amount of $5,059,485. This strong financial support reflects confidence in the Bitcoin ETF token within the cryptocurrency market. This project is also notable because it is one of the highest-grossing projects in the cryptocurrency market today.
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The strategy involves burning 25% of tokens at key stages to ease selling pressure. 🔥📉 pic.twitter.com/BCpsB9pnIV
— BTCETF_Token (@BTCETF_Token) December 18, 2023
Essentially, Bitcoin ETF Token The project aims to make investing in Bitcoin easier using an ETF structure. The ability to raise significant funding indicates belief in its potential impact within the cryptocurrency landscape.
7. Ethereum PoW (ETHW)
Ethereum PoW price is $2.83, and 24-hour trading volume is $37.36M. ETHW boasts a market capitalization of $304.75 million, reflecting a market power of 0.02%. Over the past 24 hours, the price has risen 3.77%, making it the best cryptocurrency gainer of the day.
Sentiment analysis leans towards bullishness, with the Fear and Greed Index hitting 65, indicating a “greed” sentiment among investors. The circulating supply of Ethereum PoW is 107.82 million out of a maximum of 107.2 million tokens. With an annual inflation rate of 0.47%, 508,117 ETHW was created over the past year.
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— Ethereum PoW (ETHW) Official (@EthereumPoW) December 1, 2023
Within the Ethereum (ERC20) token sector, Ethereum PoW ranks 50th by market capitalization. Notable attributes include trading above the 200-day simple moving average. Additionally, it has seen 15 (50%) positive trading days out of the last 30 days and solid liquidity.
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Current Top 10 Cryptocurrency Earners
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