Top Cryptocurrency Earners Today February 2 – Pyth Network, Avalanche, WOO, Oasis Network
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Today’s trading session saw an uptick compared to yesterday, with 24% of coins seeing positive movement. chain link Leading the Winners, recorded an intraday increase of 13.74%. Meanwhile, ApeCoin unfortunately took the title of biggest loser of the day, plummeting 6.12%.
Biggest Cryptocurrency Earners Today – Top List
Looking back over the past year, Dogwifhat has shown significant profit potential, being the best performer with an impressive return of 4,510.88%. Conversely, ApeCoin had a difficult year, recording a huge loss in value of -77.07%. Moreover, in the news scene Binance’s Web3 Wallet Introducing the marketplace for Bitcoin inscriptions.
1. PYTH Network (PYTH)
Binance recently announced the addition of the PYTH token to its list of altcoins. The announcement led to a 25% surge for PYTH, quickly reaching $0.4923, and subsequently becoming the best cryptocurrency gainer of the day. The current price of Pyth Network is $0.512949, registering a significant increase of 26.53% in the last 24 hours.
Moreover, this price surge is accompanied by a trading volume of $907.41 million and a market power of 0.05%. Additionally, the sentiment around Pyth Network’s price prediction is bullish, with the Fear and Greed Index reading 63 (greed).
Pyth Network has released its THL/USD price feed.$THL is the default token. @ThalaLabsAptos-based protocol that allows users to swap assets and receive interest-free loans
Pyth THL/USD price feed is now available on over 50 blockchains, including: pic.twitter.com/gLa1Lkc9s5
— Pyth Network 🔮 (@PythNetwork) February 2, 2024
Additionally, Pyth Network has shown strength with 17 green days in the last 30 days, indicating that the trading cycle is near its peak. With a market capitalization of $769.42M, Pyth Network boasts high liquidity relative to its market capitalization. Regarding distribution, Pyth Network currently holds 1.5 billion PYTH tokens out of a maximum supply of 10 billion PYTH tokens. Additionally, Solana secured the 21st place in the network category.
2. Avalanche (AVAX)
Avalanche (AVAX) shows resilience by finding significant support after facing resistance. AVAX’s price action has caught the attention of investors and signals a potential upward trend. On the weekly outlook, AVAX is down from its yearly high of $50 and slightly below a significant resistance area of $55.
Moreover, the weekly relative strength index (RSI) is currently above 50 and showing an upward trend. This represents a favorable environment for potential profits. Therefore, analysts predict a potential 54.02% increase in AVAX price towards $55, which is a significant resistance area.
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✅ dApp contract… pic.twitter.com/hjSwHXoYrr— Avalanche 🔺 (@avax) January 31, 2024
Switching to the daily chart, AVAX is breaking above a descending parallel channel that formed after the yearly high. Following this breakout, the price retested the channel’s resistance line as support, validating its bullish momentum. Additionally, the daily RSI has crossed above the 50 level above the bearish divergence trend line, indicating a shift of control in the bullish direction.
3. MultiverseX (EGLD)
In the last 24 hours, MultiversX has surged 6.98% in price, reflecting strong investor interest. Similarly, EGLD’s trading volume and market capitalization also increased to $162 million and $1.33 billion, respectively. Likewise, MultiversX is a strong contender in the Layer 1 category, currently ranked 29th.
Assessing its performance over the past year, MultiversX has increased by 25%, outperforming most of the top 100 coins. This positive momentum is further strengthened by its liquidity, evidenced by its market dominance of 0.08%. Additionally, MultiversX maintains a neutral sentiment in its price predictions, while its Fear and Greed Index is 63, indicating a moderate level of greed.
last week $EGLD 🌏
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🛠 Weekly #multiversxtech pic.twitter.com/O4RttOsrUp— MultiversX (@MultiversX) January 22, 2024
Experts expect promising prospects for MultiversX in the future. Potential collaborations with other networks could push the price of EGLD coins above $143.52 by 2024. Even without such an announcement, the bullish cryptocurrency market trend could sustain MultiversX at an average price of around $129.98 through the same year.
4. WOO
WOO’s analysis highlights the trajectories of today’s top cryptocurrency bulls. Over the past day, WOO is up 5.78% and is currently trading at $0.354450 with a trading volume of $33.00M. Likewise, this bullish momentum has boosted WOO’s market cap to an impressive $646.23 million. Therefore, it has secured its position as a player in the cryptocurrency space with a market dominance of 0.04%.
Additionally, WOO Network’s performance over the past year shows potential for growth. WOO rallied 77%, outperforming 72% of cryptocurrency exchanges and firmly establishing itself as an outstanding performer. Moreover, trading above the 200-day SMA further strengthens investor confidence.
Enjoy the action.
For the first time, users will be able to make split transactions. @BoredApeYC and @PudgyPenguins On a centralized exchange.
In partnership with @floorprotocol and @ProtecxxyzWOO $UPDATE and $BAYC With all the speed and performance of CeFi… pic.twitter.com/xgITydvBC9
– WooX (@_WOO_X) January 23, 2024
Additionally, it is worth noting the supply dynamics of WOO Network, which has an annual inflation rate of 52.64%. This means that 628.73 million WOO tokens were created last year alone. Nonetheless, high liquidity, as evidenced by WOO’s market capitalization, contributes to its attractiveness among investors.
5. Oasis Network (ROSE)
The Oasis Foundation announced grant approval for Polychain Monsters to integrate Oasis privacy technology into its gaming and collectibles ecosystem. This marks one of the first grants approved under the 2024 Oasis Grant Program. With support from Oasis, Polychain Monsters will actively develop documentation and tools for building confidentiality in Web3 games.
Additionally, the current price of WOO Network is $0.353791, with a 24-hour trading volume of $32.72 million. Additionally, the market capitalization is $645.02 million, reflecting a market dominance of 0.04%. In the last 24 hours, WOO price increased by 5.08%.
Exciting news: We’ve approved a grant for Polychain Monsters, which focuses on integrating smart privacy technologies into the gaming and collectibles ecosystem!
This is an important step for the 2024 Oasis grant program.
Learn more: 🧵https://t.co/GYGS93793R
— Oasis Network (@OasisProtocol) February 1, 2024
In particular, market sentiment actively predicts a bullish trend for the WOO Network. Meanwhile, the fear and greed index was 63, reflecting the greed of the market. Moreover, WOO is showing positive performance relative to the token sale price, exceeding its 200-day SMA. With its high liquidity by market capitalization, WOO actively outperformed 72% of the top 100 cryptocurrency assets last year.
6. SPONGE V2 ($SPONGE V2)
of sponge The latest release, V2, has received a lot of attention from enthusiasts and investors. This update represents a change from the previous version, actively embracing new developments and capitalizing on new bullish trends.
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
Introducing numerous improvements, Sponge V2 aims to take the Sponge ecosystem to new heights. Therefore, to facilitate the transition to V2, a pre-sale is underway and exclusive bonuses such as an automated staking system will be offered to users. This proactive approach aims to retain existing community members. It also aims to attract new participants interested in exploring Sponge’s innovative products.
Moreover, Sponge’s growth trajectory has been impressive. It started with a valuation of $1 million and has experienced significant growth since then. In 2023 Sponge V2 The market capitalization exceeded $100 million before stabilizing at $16 million. This indicates a promising trajectory for the future of the project, establishing it as one of the best cryptocurrency acquirers at the moment.
7. Cardano (ADA)
Cardano’s price today stands at $0.515042, up 5.26% intraday. The general sentiment regarding Cardano’s price prediction is optimistic. Likewise, the Fear and Greed Index is currently registered at 63, which indicates the greedy state of the market.
Over the past year, Cardano has experienced a remarkable 27% price surge, outperforming 62% of the top 100 tokens. Moreover, it is trading above the 200-day simple moving average, indicating a positive trend.
In a recent developer blog interview, Derek, co-founder of VESPR Wallet, discusses the development and goals of the wallet. #Cardano ecosystem.
The interview covers features, security measures, the team’s approach to user feedback during the development process, and more. pic.twitter.com/0koxuz0gt2
— Cardano Community (@Cardano) January 29, 2024
Cardano is showing promising growth and stability, driven by its recent performance and market positioning. Given its positive trajectory and market presence, investors and enthusiasts may find attractive options within the cryptocurrency space.
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