Top Cryptocurrency Earners Today January 11 – MultiversX, Arweave, Jito, Fantom

adminJanuary 12, 2024

join us telegram A channel to stay up to date on breaking news coverage

Analyzing today’s cryptocurrency market, approximately 27% of digital currencies are green. that much Today’s Top Cryptocurrency Earners Dogwifhat has seen an impressive 88.49% gain in the last 24 hours. Conversely, Akash Network was notable for showing the biggest decline during the same period, down 8.19%.

Biggest Cryptocurrency Earners Today – Top List

Bitcoin recently rose 6.7% to a record high of $49,021 and then showed signs of recovery. This price rise is linked to the approval of spot Bitcoin ETFs in the United States. Securities and Exchange Commission (secretary). The SEC gave its approval after markets closed Wednesday.

1. JTO

Jito was the top cryptocurrency gainer today at $1.936875, surging 24.89% in less than 24 hours. The cryptocurrency’s trading volume during this period was an impressive $542.51 million. This contributes to a market capitalization of $227 million and a market power of 0.01%.

JTO price chart

Currently, the market sentiment on Jito’s price prediction is leaning bearish. Moreover, the Fear and Greed Index hit 76, reflecting the extreme greed in the market.

Sitting down with contributor Jito @buffalu__ To find out how the Jito client is improving @Solana For everyday users.
This is what he had to say. #MEVDemocratization pic.twitter.com/BeFQAsQENG
— Jito (@jito_sol) January 9, 2024

Additionally, the circulating supply of Jito is currently 117.2 million JTO out of the maximum supply of 1 billion JTO. It also ranks 26th in the DeFi coin category and 3rd in the Solana Network category by market capitalization. Jito emphasizes strong liquidity based on market capitalization.

2. FLOW

Flow was observed trading at $0.901413, up 22.14% over the last 24 hours. Breaking down the key highlights, Flow is up 14% over the past year and is trading above its 200-day simple moving average. Additionally, the performance relative to the token sale price was positive.

FLOW price chart

Over the past 30 days, the number of green days was 16, accounting for 53% of the observation period. This reflects widespread bullish sentiment and positions this coin as one of the top cryptocurrency gainers today. Meanwhile, the Fear and Greed Index is currently at 76, indicating extreme greed in the market.

GM ☺️
If you are a developer #onflowJoin us tomorrow for our Smart Contract Open House Call!
🗓️ January 9, 2024, 9:00 AM Pacific Time
This call will be dedicated to discussing the V2 token standard for Cadence 1.0. A detailed list of topics and calendar links can be found below ⤵️
— Flow 🌊 (@flow_blockchain) January 8, 2024

Additionally, Flow’s trading volume is $194.16 million. This corresponds to a market capitalization of $1.34 billion and a market dominance of 0.07%. Additionally, the circulating supply of Flow is 1.48 billion FLOW out of the maximum supply of 1.37 billion FLOW. The annual supply inflation rate over the past year was 43.05%, creating 446.09 million FLOWs.

3. NEAR Protocol (NEAR)

NEAR has grown an impressive 135% in the past year, taking over 68% of the top 100 cryptocurrency assets. Notably, NEAR outperformed both Bitcoin and Ethereum during this period. The current value of the coin is $3.73, with a market capitalization of $4.17 billion and a market power of 0.21%.

NEAR price chart

From a technical perspective, the NEAR protocol is performing well, positioned above its 200-day simple moving average, indicating positive market sentiment. Looking at recent trading trends, we see consistent market activity with 16 positive days out of the last 30 days resulting in a positive trading frequency of 53%.

Calling all developers!
Build NEAR easily.
Powerful developer stack supports Rust, JavaScript, and Solidity. @auroraisnear
Seamless tools, blockchain data indexing, and decentralized front-end make app creation easy. 🤠 pic.twitter.com/zZhLeJI6Nr
— NEAR Protocol (@NEARProtocol) January 10, 2024

Additionally, the NEAR protocol boasts significant liquidity, as reflected in its market capitalization, which represents a significant tradable asset. The Fear and Greed Index, currently at 76, suggests a prevailing bullish sentiment and highlights market confidence.

4. Arweave (AR)

Arweave re-entered the top cryptocurrency rally today, trading at $9.45. AR increased by 15.72 to reach an intraday value of $72.42 million. Therefore, this contributes to the overall market capitalization of $618.39 million. Despite being the 45th largest cryptocurrency in the layer 1 sector, Arweave maintains a relatively modest market dominance of 0.03%.

AR price chart

Moreover, investors may be optimistic as Arweave’s price forecast leans toward bullish sentiment. AR’s Fear and Greed Index is 76, reflecting extreme greed in the market. In particular, the distribution volume of Arweave reaches 65.45 million out of the maximum supply of 66 million.

Now we can choose where to store our most valuable data. That means leveraging the increasingly centralized Internet or Arweave and Permaweb. pic.twitter.com/ag6cKg8jpU
— Onlyarweave (@onlyarweave) January 10, 2024

Meanwhile, the project generated AR 32.06 million over the past year with an annual supply inflation rate of 96.00%. Moving to performance metrics, Arweave has shown a commendable 27% price increase compared to last year. Moreover, the current trading position is above the 200-day simple moving average, reinforcing the positive trend.

5. SPONGE V2 ($SPONGE V2)

Sponge V2 It has experienced significant growth since launch, growing from an initial valuation of $1 million. In 2023, the token reached its peak market value of over $100 million, stabilizing at $16 million. As a result, the project has amassed a user base of over 11,500 and showcases an engaged community.

🌐 Daily staking updates!
Reached 4,600,326,590 people. $sponge The staked tokens are currently worth $3,963,388.83 and currently have an impressive value of 351% APY. 🚀
Join us in our prosperity #SpongeV2 Form a community today and grow with us! 🧽︎#AltSeason #Crypto Staking #web3 pic.twitter.com/TV6JOfQssa
— $SPONGE (@spongeoneth) January 11, 2024

At the core of Sponge V2 is a Stake-to-Bridge model that will help current $SPONGE holders move to the V2 system. This model incentivizes existing holders to participate using the staking mechanism, thereby incentivizing users to participate in the updated ecosystem.

Optimistically, the project’s roadmap includes plans for listing on major exchanges, presenting potential growth opportunities. A community with 30,000 members, Sponge V2 It has attracted the attention of investors exploring opportunities in the cryptocurrency market.

6. Phantom (FTM)

Phantom’s price is $0.430128, trading volume is $396.43 million, and market capitalization is $1.21 billion. Additionally, FTM holds a 0.07% share of the overall market. Over the past day, the price has risen 10.61%, making it the highest cryptocurrency gain of the day.

FTM price chart

Recent indicators suggest positive sentiment in the market, with optimistic forecasts for Phantom’s price. The Fear and Greed Index is at 76, indicating extreme enthusiasm in the market. On the supply side, there are currently 2.8 billion FTM tokens in circulation out of a maximum supply of 3.18 billion FTM.

📢 New features added to fWallet!
recent #fantasy The fWallet release now features rich and complete transaction history, allowing users to search, filter and export past transactions for a more insightful wallet experience.
Access fWallet 👇 https://t.co/uE0yZk3pS4 pic.twitter.com/9LtiiKoSE3
— The Phantom Foundation (@FantomFDN) January 10, 2024

Over the past year, the annual supply inflation rate was 10.16%, generating 258.63 million FTM. Additionally, Phantom ranks 9th in the DeFi coin category and 34th in the layer 1 category. It is trading above its 200-day simple moving average, showing positive performance relative to the token sale price.

7. MultiverseX (EGLD)

MultiversX is gaining market attention as it rides the top cryptocurrency bull trend today. EGLD has increased its price by 62% over the past year and is currently at $56.55. This positive trend is consistent with consistent trading positions above the 200-day simple moving average.

EGLD price chart

Elrond has shown strong performance relative to its initial token sale price. Additionally, the intraday trading volume was $176.89 million, meaning that Elrond maintains a market capitalization of $1.34 billion, indicating high liquidity.

uses #MultiverseX Make human-verified data scalable, cost-effective, and immediately available.@Ta_da_io Connect end users to the next steps in AI development.
Research papers and event details can be found at: @xLaunchpadApp 🔥 https://t.co/rgWEdUHVIM
— MultiversX (@MultiversX) January 10, 2024

However, EGLD’s price sentiment is neutral and its Fear Greed Index reads 76. This indicates extreme greed in market psychology. Moreover, the circulation volume of Elrond is 23.74 million out of the maximum issued volume of 31.42 million. In the layer 1 segment, Elrond ranks 30th by market capitalization.