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Today’s Top Cryptocurrency Earners January 8 – Celo, Internet Computer, Bitget Token, Render

adminJanuary 9, 2024

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The last intraday trading session reflects a positive move of 15%, showing winners and losers. Pocket Network TODAY’S TOP WINNER, increased by 23.29%. However, Rollbit Coin was the most successful performer, boasting an impressive gain of 3,409.01%. Conversely, Flare experienced the largest decline in value, dropping -96.33% over the same period.

Biggest Cryptocurrency Earners Today – Top List

Shiba Inu’s experience a significant surge In terms of value, it is benefiting from the bullish trend observed in the cryptocurrency space. Since first entering the market in 2020, the popular meme token has recorded an impressive increase of over 17,600,000%. Moreover, these seven tokens also experienced impressive daily sessions.

1. Internet Computer (ICP)

Among today’s top cryptocurrency bulls, the current state of Internet Computers (ICP) shows notable trends and indicators. ICP, currently priced at $12.97, surged 7.31% intraday to trade at $773.39 million. Additionally, the token’s market capitalization is $5.9 billion, contributing to a market dominance of 0.35%.

ICP price chart ICP price chart

Sentiment towards ICP’s price prediction is currently bullish, driven by a Fear and Greed Index of 71, which indicates market greed. By ranking, Internet Computer ranks 12th in the layer 1 sector by market capitalization. ICP has also surged with a price increase of 222% over the past year, outperforming 83% of the top 100 cryptocurrency assets.

It is also trading above the 200-day simple moving average and above the token sale price. Additionally, recent trading patterns show that 17 of the last 30 days have been green days. This indicator accounts for 57% of positive trading sessions and indicates a continued upward trend.

2. SPONGE V2 ($SPONGE V2)

Sponge V2 has made significant progress since its release. The coin was initially valued at $1 million, and its market cap soared to over $100 million in 2023 before stabilizing at $16 million. It has built a significant user base with a community of over 11,500 holders.

One notable feature of Sponge V2 is the Stake-to-Bridge model, designed to help $SPONGE holders transition to V2. This model incentivizes and retains existing holders through a staking mechanism to encourage participation in the new system.

The project’s roadmap includes plans for a primary exchange listing signaling potential growth. Supported by a community of 30,000 members, Sponge V2 has attracted the attention of investors looking for opportunities in the cryptocurrency market.

3. Bitget Token (BGB)

Bitget Token (BGB) is currently at $0.630947, with a trading volume of $15.67 billion over the last 24 hours. The market capitalization is $883.33 million, accounting for 0.05% of the total market power. Over the past day, the token value has increased by 2.41%.

BGB price chartBGB price chart

Current market sentiment predicts a bullish trend for Bitget Token. The Fear and Greed Index registered at 71, indicating a “greed” state. Meanwhile, the token’s circulating supply is only 1.4 billion BGB out of a maximum supply of 2 billion BGB. In particular, last year’s supply inflation rate was 180.00%, creating 900 million BGB last year.

Within the Exchange Tokens sector, Bitget Token ranks 6th by market capitalization. Moreover, it is consistently trading above the 200-day simple moving average. There have been 16 positive trading days in the past 30 days. This accounts for 53% of the observation period and shows significant liquidity based on market capitalization.

4. Rendering (RNDR)

The current value of Render Token is $4.00, with a 24-hour trading volume of $346.99M. Additionally, it has a market capitalization of $1.48 billion and a market dominance of 0.09%. In the last 24 hours, the token value has increased by 5.36%.

RNDR price chartRNDR price chart

Analyzing the sentiment, the current forecast for Render Token indicates a bearish trend. Meanwhile, the Fear and Greed Index was recorded at 71, indicating the greedy state of market sentiment. The 369.61 million RNDR tokens in circulation are outside the maximum supply of 536.87 million RNDR. In particular, the annual supply inflation rate was 45.63%, creating 115.82 million RNDR last year.

In the Ethereum (ERC20) token sector, Render Token ranks 16th by market capitalization and secures the 3rd place in the AI ​​cryptocurrency sector. Additionally, RNDR’s price soared 858%, outperforming 95% of the top 100 cryptocurrency assets during that period. The token also trades above its 200-day simple moving average, indicating relative stability.

5. All (All)

Celo was the top cryptocurrency gainer today, up 5.10% in the last 24 hours to $0.743114. Over the past year, Celo’s price has surged 44% and remains consistently above its 200-day simple moving average.

full price chartfull price chart

Additionally, the sentiment on Celo’s price prediction is leaning toward a bullish trend, consistent with the Fear and Greed Index of 71 (Greed). On the supply side, Celo boasts a circulating supply of 524.76 million CELO out of a maximum of 1 billion CELO. The annual supply inflation rate was 10.85%, generating 51.38 million CELO over the past year.

Celo’s liquidity remains strong, as evidenced by its market capitalization ranking of 51 within the layer 1 sector. Additionally, there have been 17 days of positive price movements in the last 30 days, bringing the positive rate to 57%.

6. Woo Network (WOO)

The WOO Network is another one of the top cryptocurrency earners today. The price of WOO is $0.403879, up 3.27% in the last 24 hours. Notably, this puts WOO Network in 9th place in the Exchange Tokens category by market capitalization. Moreover, WOO Network’s performance price forecast is optimistic, consistent with the Fear & Greed Index of 71 (Greed).

WOO price chart WOO price chart

Notably, this coin has seen its price rise by 195% over the past year, outperforming 81% of the top 100 cryptocurrency assets. It also outperformed Bitcoin and Ethereum by consistently trading above its 200-day simple moving average.

Focusing on the supply dynamics of WOO, the current circulating supply stands at 1.8 billion out of a maximum supply of 3 billion. The annual supply inflation rate was 50.94%, generating 608.43 million WOO last year.

7. Algorand (ALGO)

ALGO’s impressive daily sessions have made it the top cryptocurrency gainer today. Over the past year, Algorand has shown strong liquidity, with its price rising 2% and maintaining its position above its 200-day simple moving average, with a market capitalization of $1.58 billion.

know price chart know price chart

Trading at $0.196905, it has surged 3.72% in the last 24 hours and maintains a market dominance of 0.09%. Additionally, sentiment analysis provides a neutral stance on Algorand’s current price prediction. Meanwhile, the Fear and Greed Index recorded a value of 71, indicating the state of investor greed.

Additionally, the circulating supply of ALGO is 8.03 billion out of a maximum of 10 billion. Additionally, with an annual supply inflation rate of 12.90%, approximately 917.62 million ALGO tokens were created over the past year. Algorand ranks 12th in market capitalization in the proof-of-stake coin category. It also ranks 3rd in the Algorand Network category and 28th in the Layer 1 category.

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adminJanuary 9, 2024

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