Top Cryptocurrency Earners Today February 1 – Render, Aptos, ApeCoin, Immutable

adminFebruary 1, 2024

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Today’s market outlook is similar to yesterday’s trading session, with 10% of the market seeing positive movement. ApeCoin is in the spotlight today. top winner, recorded an increase of 6.42% in the last 24 hours. On the other hand, FTX token stands out as the biggest loser today, suffering a significant loss of -26.23% over the same period.

Biggest Cryptocurrency Earners Today – Top List

From a broader perspective, Dogwifhat emerged as last year’s champion with an impressive 4,813.84% gain. Meanwhile, Liechtenstein Cryptoassets took the throne with a 160.86% increase since the first year of 2022. Looking around the market, Research Institute Delegation After closing a $9 million round, it announced Cluster, a service that connects cryptocurrency wallets across chains.

1. Rendering (RNDR)

Render has been accumulating green candles since September and has seen an impressive surge of 208% by the end of 2023. This surge was fueled by a sentiment report that showed a 131% increase in Render’s social volume over a 30-day period. Moreover, significant whale migration and positive market sentiment have sustained this surge.

RNDR price chart

Further strengthening Render’s upward momentum is a recent update from a reputable cryptocurrency analyst. In the post, the analyst suggested that the upcoming release of Apple Version Pro on February 2 could impact render prices, potentially extending the bull run.

that much @Nvidia #GTC24 The session catalog is now live with over 600 sessions covering the latest in generative AI, advanced computing, graphics and rendering, and more.
Check it out here: https://t.co/IaDqxhP1yT
— Render Network (@rendernetwork) January 29, 2024

Meanwhile, the price of Render is $4.66 and the 24-hour trading volume is $412.69 million. Additionally, RNDR’s market capitalization cap increased by 4.88% to $1.72 billion in the last 24 hours. Moreover, RNDR is trading above its 200-day simple moving average, indicating a favorable position. Render (RNDR), which ranks high among today’s top cryptocurrency earners, continues to attract investor attention.

2. Apartment (APT)

Aptos has recently gone through a roller coaster ride and notable fluctuations in value. Although it saw significant gains in October 2023, it has faced challenges, especially over the past year. In January 2024, the market was flooded with a sudden influx of new Aptos tokens. The incident has heightened discussion about the potential impact on trading dynamics.

APT price chart

Despite these challenges, Aptos has shown resilience since October 2023. However, prices remain significantly lower than a year ago and last month. Meanwhile, APT’s market sentiment is optimistic, with a greed score of 63, indicating investor optimism. Aptos is currently trading at $9.10, reflecting a slight rise of 2.79% over the last 24 hours. It is also above the 200-day SMA, suggesting stability in price action.

Update on Aptos Forum transition
Earlier this month, the Aptos Foundation launched a new and improved Aptos Forum that provides a more intuitive experience for the Aptos community.
In an effort to keep the best community conversations in one place, Aptos… pic.twitter.com/kL8wg15yPe
— Aptos (@Aptos_Network) January 30, 2024

Aptos also boasts high liquidity based on market capitalization and currently ranks 19th in the Layer 1 category. Circulating supply is 337.78 million APT out of a maximum of 1 billion APT. In particular, 207.78 million APTs were created last year, resulting in an annual supply inflation rate of 159.83%.

3. Ape Coin (APE)

ApeCoin rose 8.49% to $1.509693, making it the top cryptocurrency gainer today. Along with this, investors traded approximately $427.19 million, which represents significant activity. Additionally, the market capitalization increased by 8.86% to $556.46 million, suggesting that ApeCoin has a strong position in the market.

APE price chart

Moreover, the Fear and Greed Index of 63 reflects the greed of investors as market activity is high. ApeCoin has been witnessing green candles for 15/30 days, which constitutes 50% of the observation period.

Meanwhile, ApeCoin ranks 13th in the DeFi coin category and 27th and 8th in the NFT token category. This further highlights the broad appeal of APE across various segments of the cryptocurrency market.

ApeCoin DAO financial dashboard is available in real time.
AIP-267 created an “Inventory” tab at https://t.co/ttG2UFt9Bu to provide transparency into the size of DAO financials and DAO spending rates.
The monthly leaks on the dashboard include the ApeStake contract. pic.twitter.com/2A3GAQk7To
— Apecoin (@apecoin) January 11, 2024

Additionally, collaborations with other networks could push the price of ApeCoin further upward, potentially exceeding $12.85. Given the bullish trend, analysts expect the average price to stabilize at around $11.64 by 2024, making it an attractive long-term investment.

4. Pocket Network (POKT)

Pocket Network further increased its protocol revenue with 9.2K POKT burned last week. These funds come from fees collected by both gateways and facilitate the processing of 2.6 billion relays within the network.

POKT price chart

Meanwhile, investors are optimistic about Pocket Network on the market scene, with the Fear & Greed Index hitting 63. As a result, the price of Pocket Network rose to $0.238976, up 4.10% intraday.

We are taking steps to support the expansion of modular blockchains.
The POKT Network’s powerful protocol already enables the incentivization and coordination of data relay across 50+ chains through a decentralized network of c.15k nodes in 22 countries.
The protocol is… pic.twitter.com/32djNNPzvK
— Pocket Network (@POKTnetwork) January 31, 2024

Over the past year, Pocket Network has shown remarkable growth, with its price soaring 305%. This performance outperforms 91% of the top 100 coins, including Bitcoin and Ethereum. In particular, the price of Pocket Network is trading above the 200-day simple moving average, showing a good trend.

5. Immutability (IMX)

Immutable ZkEVM was first introduced by QuickNode and enhances Web3 game development by providing developers with a scalable, secure, and cost-effective platform. Meanwhile, market conditions were favorable, with IMX recording the best cryptocurrency gains of the day. Immutable’s price is currently at $1.984206 after a 2.21% rally sparked bullishness among investors.

IMX price chart

Moreover, IMX has surged 176% over the past year, surpassing its 200-day moving average. Therefore, IMX remains an attractive investment option with a market capitalization of $2.69 billion and high liquidity.

Additionally, analysts predict that if ImmutableX collaborates with other networks, IMX could surpass $2.96 by 2024. Nonetheless, in a bullish market scenario, the average price could reach around $2.68.

I want to use Immutable zkEVM Mainnet. @0xpolygon?
The Immutable Toolkit allows anyone to enter, exit, bridge, and replace on an Immutable zkEVM. Once your game starts shipping, you’ll be able to do all this from a single, user-friendly destination: https://t.co/aSTKXqs9TP pic.twitter.com/wpEBZdwKng
— Immutable (@Immutable) January 30, 2024

Overall, QuickNode’s debut highlights the platform’s commitment to supporting Web3 game development and providing scalability and security. Investors actively monitor potential collaborations and market trends to seize growth opportunities within the Immutable X ecosystem.

6. Synthetix (SNX)

Synthetix has introduced the SIP-237 proposal to simplify the process of moving staked SNX and sUSD debt to Optimism (OP) without burning the sUSD debt. This change aims to address user concerns and make migration easier.

SNX price chart

Meanwhile, in the intraday trading session, SNX entered the day’s best cryptocurrency gain. Synthetix has increased slightly by 0.92% in the last 24 hours. Along with this, it recorded a trading volume of $65.92 million and a market dominance of 0.02%.

📊 Synthetix Perps Data Report:
– 7-day total trading volume: $452 million
– Average daily trading volume: $64.5 million
– Lifetime Perps Volume: $44.28 billion
– Lifetime fees: $34.6 million
Data from January 22nd to January 29th pic.twitter.com/eBtt0dmdIf
— Synthetix ⚔️ (@synthetix_io) January 30, 2024

Over the past year, SNX’s price has risen 39%, outperforming 62% of the top 100 cryptocurrency assets. Moreover, it is above its 200-day SMA and has a market capitalization of $360.67 million, indicating high liquidity.

7. SPONGE V2 ($SPONGE V2)

Cryptocurrency enthusiasts are eagerly anticipating it. of sponge The latest release, V2, represents a huge leap forward over previous versions. This new version embraces the latest developments and capitalizes on new bullish trends. Along these lines, it secures its place among the best cryptocurrency acquirers today.

giant signpost warning, #Sponger! 🔥
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!! 🧽🧽☀️#SpongeV2 #Cryptocurrency #web3 #how #100x pic.twitter.com/llxFF0hfby
— $SPONGE (@spongeoneth) January 26, 2024

Building on a solid foundation, Sponge V2 introduces substantial improvements to take the Sponge ecosystem to new heights. Additionally, a pre-sale is underway to facilitate the transition to V2 and will offer exclusive bonuses to users, including an automated staking system. This proactive approach aims to retain existing community members.

It also attracts new participants interested in exploring Sponge’s innovative products. Sponge’s growth trajectory is impressive. It started with a valuation of $1 million and has since experienced significant growth. Sponge V2 It will reach a peak market capitalization exceeding $100 million in 2023 before stabilizing at $16 million, indicating a promising trajectory for the project’s future.