Top Cryptocurrency Earners Today, January 23 – Akash Network, Bittensor, Casper, Multichain

Today’s trading session saw a slight increase from yesterday, with 9% of tokens showing a green candle. UMA stands out as follows: TODAY’S TOP WINNER, has gained a whopping 14.51% in the last 24 hours. In contrast, Dogwifhat stood out as the biggest loser of the day, losing 21.19% in value over the same period.

Biggest Cryptocurrency Earners Today – Top List

From a broader perspective, Dogwifefhat an outstanding performer It recorded an impressive increase of 4,512.74% over the past year. Bitcoin, by contrast, extended its losses on Monday, falling below $40,000 for the first time this year.

1. Bit Tensor (TAO)

Bittensor’s trading session concluded with an appearance on today’s top cryptocurrency gainers. TAO’s intraday price rose to $258.07, up 7.18%. Additionally, the trading volume was $9.96 million, an increase of 65.40% from the previous day. Likewise, its market capitalization has reached $1.57 billion, making it the second largest position in the AI ​​Crypto sector.

On December 14, 2023, Bittensor peaked at $394.91, and its lowest point was on May 14, 2023 at $31.74. The lowest price since reaching an all-time high is $193.77. Despite the bearish market sentiment, the Fear and Greed Index stands at 50, indicating neutrality. Bittensor, in particular, is actively trading above its 200-day simple moving average.

Additionally, Bittensor’s circulating supply consists of 6.1 million TAO. However, this figure is lower than the maximum supply of 21 million TAO, demonstrating a strategic distribution approach. Therefore, Bittensor’s recent price surge and overall market position provide valuable insights for traders.

2. One (one)

UMA’s native token has seen an impressive rise of over 200% since introducing its solution, Oval. This heralded a significant upward trend in UMA’s price, pushing the project’s market capitalization above $500 million. In just a few days, the UMA token surged from $2 to $6.9, hitting its highest level since mid-2022.

Currently valued at $5.86, UMA’s trading volume increased more than 84% in the last session to $2.12 billion. Likewise, its market capitalization increased 12% to $447.25 million, making it one of the best cryptocurrency gainers today. Meanwhile, UMA supports future growth through strategic development and community support.

Join UMA Founder @hal2001 🥚 For the live launch of the Oval in this special @Blockworks_ Podcast.

hosted by @MikeIppolito_ Blockworks @tarunchitra Gauntlet and @0xQuintus Flashbot’s.

Today (Tuesday) – 10:30 AM EST / 7:30 AM PST / 15:30 UTChttps://t.co/W5iT5PMDno pic.twitter.com/G03ZbDnJRo

— UMA 🥚 (@UMAprotocol) January 23, 2024

Therefore, if the UMA project announces collaborations with other networks, the UMA coin could surpass $6.33 by 2024. Additionally, investors are encouraged to stay tuned for UMA project announcements as the positive response from the market suggests continued momentum and potential for further expansion.

3. Multichain (MULTI)

Multichain presents promising signals to investors with the last intraday session worth mentioning. In the past 24 hours, the MULTI price surged 97.07% to $3.02, rebounding from the recent low of $1.013730.

Therefore, the overall sentiment towards multichain is optimistic and consistent with positive market momentum. The Fear & Greed Index is also at a neutral 50, reflecting balanced market sentiment. MULTI also indicates a green candle that persists above the 200-day SMA. Additionally, factors such as high liquidity support the strong performance of multichain.

Moreover, this liquidity is evident in the market capitalization and active trading on Binance. On the other hand, the annual inflation rate is -21.99%, predicting a negative supply decrease. Therefore, approximately 4.1 million MULTI tokens were created over the past year. Importantly, Multichain reached a high of $33.45 on January 14, 2022, and following its all-time high, it reached a low of $1.013730 on September 3, 2023.

4. Chiliz (CHZ)

Chiliz is currently on a bullish run among the top cryptocurrency bulls and is sitting above its 200-day SMA. Likewise, CHZ has a solid market capitalization and maintains high liquidity. Moreover, the greed index remains at a neutral 50 as holders expect strength.

Additionally, Chiliz has grown by 8.71% to $0.099626 in the last 24 hours. Additionally, the trading volume reached $438.56 million, maintaining market dominance of 0.06%. Based on this, CHZ ranked third in the NFT token category and reached an all-time high of $0.889434 on March 13, 2021.

Layer 1 sports blockchain Chiliz Chain surpasses 10 million first transactions. 🎉

See all deals 👉 https://t.co/S8N2ZvTkbT#ChilizChain ⚡️ $CHZ pic.twitter.com/lKWwoIG9IA

— Chiliz ($CHZ) – Home of SportFi ⚽🏆 (@Chiliz) January 17, 2024

After hitting an all-time high, CHZ hit a low of $0.053888 (cycle low). However, the highest since the last cycle low was $0.111453 (cycle high). Additionally, out of CHZ’s maximum supply of 8.89 billion, the circulating supply is 8.89 billion. Meanwhile, the annual supply inflation rate was 44.83%, generating 2.75 billion CHZ last year.

5. Akash Network (AKT)

After today’s top cryptocurrency rally, traders are monitoring the Akash network to see if it shows any promising trends. According to the latest data, AKT rose 3% to $2.48, giving it a market dominance of 0.04%. Likewise, trading volume increased to $7.09 million, highlighting its importance with a market capitalization of $550.34 million.

Moreover, it ranked in over 97% of the top 100 coins last year, surpassing Bitcoin and Ethereum. This impressive performance is highlighted by an impressive price surge of 808% over the same period.

Active rentals continue to hit new all-time highs, driven by network adoption.

The recent surge in new leases has been made possible in part by: @SpheronHQLong-time network client and member of the Akash ecosystem. pic.twitter.com/37pZGqJli8

— Akash Network (@akashnet_) January 22, 2024

Moreover, technical analysis reinforces the positive outlook on Akash Network as it is trading above its 200-day simple moving average. Therefore, this is a sign that the upward momentum continues, increasing investor confidence.

6. Casper (CSPR)

Casper Labs and IBM Consulting collaborated to develop a blockchain-based AI governance solution. It aims to improve the transparency and audibility of AI systems.

Meanwhile, Casper’s value rose 1.21% to $0.041029 after trading volume of $8.85 million. Additionally, its market capitalization is $481.32 million, giving it a market power of 0.03%.

Over the past year, Casper’s price has increased by 16%, making it 53% of the top 100 tokens. Notably, it is trading above its 200-day simple moving average, indicating positive performance relative to the token sale price.

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— Casper (@Casper_Network) January 22, 2024

Additionally, Casper’s circulating supply is robust at 11.73 billion CSPR, increasing its market value. In addition, the annual supply price increase rate was 9.84%, creating 1.05 billion CSPR last year. Additionally, the sentiment analysis for Casper’s price prediction is currently Neutral. This is consistent with the Fear and Greed Index of 50 (neutral), indicating balanced market sentiment.

7. SPONGE V2 ($SPONGE V2)

Traders are watching Sponge V2, a substantial upgrade over its predecessor, Sponge V1. Strategically positioned in a bull market, Sponge V2 strengthens the foundation laid by V1 by introducing Play-to-Earn (P2E) capabilities to the Sponge ecosystem.

To ensure a smooth transition, Sponge is launching a pre-sale giving users exclusive access to bonuses and participation in the automated staking system. This strategic move aims to engage the existing community while actively attracting new participants.

Interesting news, #Sponger! 🔥🔥

There are currently over 5,627,448,685 people. $sponge $5,445,468.33 worth of tokens staked 🤯🧽🧽

Stake your tokens now and enjoy a current APY of +280%!

Go go go 🚀#SpongeV2 #Cryptocurrency #100x #stress pic.twitter.com/PsD2Sycxjj

— $SPONGE (@spongeoneth) January 22, 2024

Moreover, Sponge’s trajectory has been undeniably impressive, starting with an initial valuation of $1 million. In the same context, Sponge V2 It experienced a significant surge and reached its peak market capitalization. This amount exceeded $100 million in 2023 and ultimately stabilized at a commendable $16 million.

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