Top Cryptocurrency Earners Today January 6 – Memecoin, Bitcoin SV, Synthetix, Stellar

adminJanuary 6, 2024

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Over the past 24 hours, the cryptocurrency market has seen a variety of movements, with approximately 10% of listed cryptocurrencies showing positive trends. ConstitutionDAO the most important upswing, recorded a gain of 38.30% during this period. Analyzing last year’s performance, Injective leads the way with an impressive gain of 2,781.31%.

Biggest Cryptocurrency Earners Today – Top List

Looking back, Bitcoin’s performance in 2023 has made notable progress due to a variety of factors. Expected position approval Bitcoin exchange trading The emergence of innovative applications such as ETFs and Ordinals, an iteration of Bitcoin-based non-fungible tokens (NFTs), has contributed significantly to the upward trajectory.

1. Bitcoin SV (BSV)

Bitcoin SV is once again among the top cryptocurrency bulls today. The value of this coin is $83.84, and the trading volume in the last 24 hours is $163.82 million. The market capitalization is $1.64 billion and the market dominance is 0.10%. Over the past day, the price has increased by 3.79%.

Last year, the supply inflation rate was 1.90%, creating 364,726 BSV. Within the layer 1 sector, Bitcoin SV ranks 27th by market capitalization. Looking at the performance over the past year, the price of BSV has risen significantly by 98%.

BSV price chart

It has outperformed 59% of the top 100 cryptocurrency assets during this period and is currently trading above its 200-day simple moving average. Additionally, it boasts high liquidity due to its significant market capitalization. Currently, the sentiment surrounding Bitcoin SV’s price prediction is bullish. The Fear and Greed Index was recorded at 70, indicating feelings of “greed.”

2. Synthetix (SNX)

Synthetix was the top cryptocurrency gainer today with a price of $3.47 and an intraday gain of 2.40%. This is a significant increase from the all-time low of $0.032478 recorded on January 5, 2019, but significantly lower than the all-time high of $28.63 recorded on February 14, 2021. The token fluctuated between the highest cycle at $4.94 and the lowest cycle at $4.94. After ATH it is $1.400150.

SNX price chart

Moreover, the token consistently trades above its 200-day simple moving average, indicating a continued positive trend. Additionally, 15 of the last 30 days were green days, resulting in a positive performance rate of 50%.

Synthetix’s Andromeda Launch: Embracing Buybacks and Burns
With Andromeda release turned on @Base40% of Perps V3 fees are allocated to redemption and burn. $SNX using tokens @yearnfi– Inspired Contract.
This strategy is designed to distribute fees effectively. pic.twitter.com/KAQCc4er60
— Synthetix ⚔️ (@synthetix_io) January 5, 2024

Synthetix’s current market capitalization is $398.44 million, indicating high liquidity within the sector. Out of the maximum supply of 212.42 million SNX, 114.84 million SNX tokens are in circulation. As per market dominance, Synthetix holds 0.02% of the total market. Sentiment surrounding Synthetix’s price prediction is bearish in contrast to the Fear and Greed Index, which reads 70 (greed). This indicates that there are mixed expectations within the market regarding its future trajectory.

3. Bitcoin Cash (BCH)

BCH has re-entered the top cryptocurrency bull trend today with intraday trading volume of $510.27M. Over the past 24 hours, the value of BCH has increased slightly by 0.24%. Moreover, sentiment analysis suggests a bearish outlook for Bitcoin Cash juxtaposed with the Fear and Greed indices, which read 70 (greed).

It ranks 4th in market capitalization in the proof-of-work coin sector. Additionally, it secured the highest ranking in the Bitcoin Cash category and ranked 14th in the Layer 1 category.

BCH price chart

Highlights of the token also include BCH’s 138% price increase compared to last year. This outperformed 68% of the top 100 cryptocurrency assets during the same period. Likewise, BCH is trading above its 200-day simple moving average, indicating a positive trend. Additionally, in the last 30 days, BCH recorded 15 green days, which accounts for 50% of the observation period. High liquidity is evidenced by market capitalization.

4. SPONGE V2 ($SPONGE V2)

Sponge V2has shown significant growth trends since its launch with an initial valuation of $1 million. Its market capitalization soared to more than $100 million in 2023, but currently stands at $16 million. This growth has resulted in a community of over 11,500 holders.

🚀 Did you miss the 100x success of Sponge V1?
With a larger campaign #SpongeV2, we are back stronger than ever! 💪
Hurry up and secure your stake $sponge Token today! 🔥$sponge #Cryptocurrency #Crypto Staking pic.twitter.com/QIo0RMz4LT
— $SPONGE (@spongeoneth) January 6, 2024

Additionally, Sponge V2 is designed to facilitate a smooth transition by introducing a Stake-to-Bridge model. $sponge V2 holder. This model incentivizes and retains existing holders through a staking mechanism. Therefore, it provides an approach to attract and maintain user engagement during migration.

Additionally, the project roadmap outlines the intention for listing on major exchanges and garnered support from a community of 30,000 members. These plans represent a strategic positioning for potential growth, establishing it as one of the best cryptocurrency bulls today. It also attracted the attention of potential investors.

5. Stellar (XLM)

The price of Stellar has seen a notable price surge, rising 65% over the past year. The price of XLM is $0.119243, with a market capitalization of $3.37 billion and a trading volume of $138.75 million in the last 24 hours. Additionally, Stellar shows significant liquidity, as can be seen from its market capitalization.

XLM price chart

The asset has shown strength in recent performance, consistently trading above its 200-day simple moving average. Additionally, last month it recorded 15 positive trading days, resulting in a positive trend rate of 50%. Analyzing sentiment indicators, the current forecast for Stellar’s price appears bearish. Meanwhile, the fear and greed index is at 70, indicating the greed of market sentiment.

For Stellar Community Fund #20, over $1 million in XLM was awarded to 31 participants.
Congratulations and thanks to everyone who played an important role in building the Stellar ecosystem!
Check out the full recap here: https://t.co/BIfFD5WMpC
— Soroban (@SorobanOfficial) January 3, 2024

Stellar’s circulating supply is 28.29 billion out of a maximum supply of 50 billion, so supply dynamics are also worth considering. With an annual supply inflation rate of 10.08%, approximately 2.59 billion new XLM were minted over the past year.

6. Meme Coin (MEME)

Memecoin’s current price is $0.025176, with a 24-hour trading volume of $57.14 million and a market capitalization of $221.48 million. With a market dominance of 0.01%, it is the 6th largest meme coin in its category. Over the past day, MEME price has increased by 2.45%.

The coin’s history reflects a high of $0.047306 on December 6, 2023. However, the lowest price since ATH was recorded at $0.018240 (cycle low) and the subsequent highest price reached $0.031205 (cycle high).

MEME price chart

Market sentiment predicts a bearish trajectory for Memecoin, unlike the Fear and Greed indices, which indicate a level of 70 (greed). In terms of token economics, Memecoin has a circulating supply of 8.8 billion MEME out of a maximum supply of 69 billion MEME. This means it has high liquidity relative to its market cap, establishing MEME as one of the best cryptocurrency gainers today.

7. Ontology (ONT)

The current price of Ontology is $0.261871 and is up 1.56% in the last 24 hours. The coin boasts a trading volume of $66.38 million, a market capitalization of $229.2 million, and a marginal market power of 0.01%.

ONT price chart

Ontology ranks 23rd in the Proof-of-Stake coin category and 67th in the Layer 1 category by market capitalization. Notable aspects include a 69% price surge over the past year, consistently trading above its 200-day simple moving average, and 17 positive trading days out of the last 30 (57%).

🔹 Ontology #EVM Supporters: If you proudly own at least 6 $ONG In ~ #ontology Loyal EVM #NFT Plus, you can claim it!
Show your support for the ecosystem and get rewarded. 🚀
— Ontology #BUIDL4Web3 (@OntologyNetwork) January 5, 2024

Moreover, Ontology’s price prediction remains neutral and tilts towards ‘greed’, in line with the Fear and Greed Index of 70. Additionally, out of the maximum supply of 1 billion, 875.25 million ONT coins are in circulation.