Top Cryptocurrency Gainers Today February 3 – XRP, Filecoin, Theta Network, Bitcoin SV
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The token reflects a mix of positive and negative movements in today’s trading session, with 20% indicating a green candle. Dogwifhat stands out as: top winner, recorded a whopping 17.79% increase in the last 24 hours. On the other hand, radium fell slightly, falling 4.44% during the same period, recording the largest decline of the day.
Biggest Cryptocurrency Earners Today – Top List
Focused at the start of the year, the Liechtenstein cryptocurrency asset is the best-performing coin since 2022, showing a rise of 166.01%. Nevertheless, Teller struggled, recording its worst performance, with its value falling 52.74% since the beginning of the year. Meanwhile, analysts expect a long-term upward trend. Bitcoin surges 3% weekly.
1. Ripple (XRP)
XRP is rated as one of the best cryptocurrency bulls today, attracting the attention of investors looking to update their portfolios. The current price of XRP is $0.522273, up 3.73% intraday. Similarly, trading volume also surged to $1.65 billion, maintaining market dominance of 1.71%.
Importantly, XRP reached an all-time high of $3.92 on January 4, 2018. However, on July 7, 2014, it hit an all-time low of $0.002802. After the post-ATH low, XRP hit a cycle low of $0.113268. The cycle high was reached at $1.977930.
Ripple works with financial institutions, regulators, and central banks around the world to develop regulatory frameworks for cryptocurrencies and blockchains.
Read our approach to key blockchain public policy issues affecting cryptocurrency and the global economy. https://t.co/gIBRO9mFfY pic.twitter.com/HfqXDqflLP
— Ripple (@Ripple) January 25, 2024
Year to date, XRP’s price has surged 27%, putting it ahead of the top 100 coins by 62%. Due to its market capitalization and high liquidity reflected in its availability on Binance, XRP remains an attractive option for traders. Investors are therefore particularly attracted to easy money transfer networks, positioning them as key players in the financial services industry.
2. Filecoin (FIL)
Filecoin, the top gainer today, has shown resilience and notable trends. It rose 5.12% intraday to $5.23 against the U.S. dollar. Additionally, the trading volume of this coin during the same period was $401.15 million. This confirms FIL’s high liquidity according to its market capitalization of $2.64 billion.
Additionally, Filecoin is trading above its 200-day simple moving average, showing stability and potential for continued growth. Despite neutral sentiment, the Fear and Greed indices indicate a healthy 60 (Greed) outlook.
Moreover, FIL’s ranking of 21st in the Layer 1 category shows its importance within the cryptocurrency ecosystem. Additionally, the distribution of 504.01M FIL out of a maximum of 321.89M FIL demonstrates a well-managed token distribution strategy.
Project Saturn is designed to revolutionize content discovery by providing fast, low-cost delivery services. With a pool of approximately 30,000 FIL per month, node operators are incentivized to fulfill discovery requests, ensuring seamless access to data.@FileCoinSaturnWhat is your goal? to… pic.twitter.com/XmrnpR4GpF
— Filecoin (@Filecoin) February 2, 2024
In particular, Filecoin’s inflation rate of 54.42% last year, resulting in 177.61 million FILs created, is indicative of a carefully managed tokenomics model. This approach therefore ensures long-term sustainability and investor valuation while balancing supply dynamics.
3. Dog We Pot (WIF)
In today’s trading session, Dogwifhat is thriving with its price rising significantly. In the last 24 hours, WIF has surged 16.31%, reaching the current price of $0.246221. Moreover, this surge increased Dogwifhat’s market cap by 16.98% to $246,113,854, ranking it 178th in the Meme Coins category.
Despite the fluctuations, Dogwifhat maintains high liquidity, as evidenced by its market dominance of 0.01%. Dogwifhat is also actively trading against the US Dollar on KuCoin, with a trading volume of $79,231,174 over the last 24 hours.
Meanwhile, Dogwifhat’s current market sentiment remains positive, with its Fear and Greed Index reading 60 (greed). This means there is a positive outlook among investors. This also contributes to Dogwifhat’s ranking as one of the best cryptocurrency earners today.
4. Axi Infiniti (AXS)
Axie Infinity debuted as the top cryptocurrency gainer today at $7.20, reflecting a slight intraday gain of 2.76%. This gives Axie Infinity a market capitalization of approximately $983 million, ranking it 63rd. Trading volume also increased, reaching $65.8 million, ranking 61st. Despite these positive indicators, Axie Infinity’s market dominance remains at 0.04%.
Moreover, the current sentiment towards AXS indicates a Neutral stance. Meanwhile, the Fear & Greed Index was 60, leaning toward greed. Additionally, the 14-day relative strength index (RSI) is 44.42, indicating a neutral stance with the possibility of sideways trading.
Looking more closely, Axie Infinity has maintained a positive trajectory relative to its initial token sale price across USD, BTC, and ETH. Additionally, over the past 30 trading days, Axie Infinity has experienced a 50% green day, reflecting stability in market behavior.
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— Axie Infinity (@AxieInfinity) January 31, 2024
Additionally, Axie Infinity has a solid market position, ranking 24th in the ERC20 category and 7th in the NFT token category. It also ranked 6th in the games category and 5th in the metaverse category. Additionally, Axie Infinity continues to trade above its 200-day simple moving average, indicating a favorable long-term trend.
5. SPONGE V2 ($SPONGE V2)
Investors have high expectations 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.
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— $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 its peak market capitalization exceeding $100 million in 2023. It later stabilized at $16 million, indicating a promising trajectory for the project’s future.
6. Theta Network (THETA)
Indie film studio Pattern Integrity Films recently transitioned from the GameStop NFT marketplace to ThetaDrop and Theta Web3 Theater. These changes aim to expand Pattern Integrity’s audience using Theta Network’s technology.
Meanwhile, this announcement caused an immediate reaction in the market, with THETA token price rising 1.51% to $1.001716. Likewise, its market capitalization increased by 1.56% to $1,000,735,301, putting THETA in 62nd place with a dominance of 0.05%.
“The Theta Network provides a specialized blockchain geared toward media and entertainment, and its focus on community engagement is unparalleled,” said filmmaker Kristen Kingsbury of Pattern Integrity Films. @pttrn_ntgrty https://t.co/u03Oy2V9xA
— Theta Network (@Theta_Network) February 2, 2024
Additionally, THETA ranks 20th among ERC20 tokens and 4th among NFT tokens. Additionally, it ranks 3rd in the metaverse and 38th in Layer 1. Nevertheless, the forecast for the price of THETA token remains neutral, and the Fear and Greed Index stands at 60, indicating the greed of investors. However, the performance of THETA token is positive. It is consistently trading above its 200-day moving average and has had 15 green days in the last 30 days.
7. Bitcoin SV (BSV)
Bitcoin SV has received significant attention since its launch and is a token to watch. Over the past year, BSV’s price has surged 27%, outperforming 61% of the top 100 cryptocurrencies.
Moreover, the coin’s trends and movements in the past trading sessions have established this coin as one of the best cryptocurrency gainers today. Additionally, KuCoin boasts ample liquidity as you can easily trade in US dollars.
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— BSV Blockchain (@BSVBlockchain) February 1, 2024
Meanwhile, price predictions for XRP are currently looking bearish. However, with a Fear and Greed score of 60, investors remain optimistic about BSV. Additionally, the price of XRP rose 3.73% in the last 24 hours, reaching $0.522259. Likewise, its market capitalization soared to $28.43 billion and a market dominance of 1.71%.
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