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Top Crypto Gainers Today Feb 8 – ORDI, Celestia, Stacks, Flare

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Today’s crypto market grew 2% from yesterday, with about 24% of the tokens displaying green candlesticks. Dogwifhat stands out as the top gainer, boasting a significant 30.20% surge in the last 24 hours. In contrast, Bittensor is today’s biggest loser, experiencing a decline of -6.68% over the same period.

Biggest Crypto Gainers Today – Top List

Moreover, Dogwifhat has demonstrated exceptional performance over the past year, showing a remarkable gain of 4,884%. Meanwhile, eTukTuk’s presale is gaining popularity, with an annual reward rate of 256%. Moving onto recent market activities, Bitcoin is nearing the $45,000 mark as US spot ETFs continue to witness consistent inflows.

1. Celestia (TIA)

Layer-2 projects, including Celestia, have risen recently. Since its launch in October, Celestia has steadily climbed the ranks, now firmly among the top 30 altcoins. Meanwhile, Celestia’s trading session is flooded by green candlestick. TIA’s price is $19.45, marking an impressive 10.45% surge in the last 24 hours alone.

Moreover, this upward momentum was sparked by a bullish outlook, signaling a robust uptrend after TIA traded sideways between $17.0 and $17.8. Furthermore, CoinMarketCap reports a 105% increase in Celestia’s 24-hour trading volume, indicating a surge in investor interest.

Celestia’s market sentiment remains positive, with the Fear & Greed Index at 66, reflecting investor greed. Over the past month, Celestia has seen 16 green days out of 30, asserting a market dominance of 0.18%. Therefore, this positive trajectory suggests a promising outlook for Celestia, with additional buyers entering the market during the breakout. Hence, investors and enthusiasts eagerly monitor Celestia’s continued rise in the crypto sphere.

2. ONDO (ONDO)

Ondo Finance has taken a significant step by introducing a pioneering initiative focused on Real-World Assets (RWAs). The company recently revealed its latest move onto the SuiNetwork. This move marks the arrival of its flagship tokenized US Treasuries product, $USDY, within the Sui community. 

ONDO Price Chart

Moreover, this development makes Ondo the first to offer a native dollar-denominated token. This includes stablecoins and interest-bearing stablecoin alternatives through USDY. Backed by short-term US Treasuries, this tokenized note adds a new dimension to the crypto landscape.

As a result of this news, market indicators suggest a positive trend ahead, with ONDO making the top crypto gainers today. Ondo Finance’s current price is $0.236182, reflecting a modest 1.51% intraday rise. Also, with a market cap growth of 1.46% to $327,963,386, Ondo Finance holds the 141st position. 

Analyzing the market sentiment, it leans towards a bullish outlook, supported by Ondo’s market dominance of 0.02%. Furthermore, the Fear & Greed Index registers a score of 66, indicating heightened buying activities among investors.

3. Manta Network (MANTA)

The recent Manta Network launch has stirred considerable excitement and interest within the cryptocurrency community. Renowned for its user-friendly Web3 system, Manta Network aims to simplify dApp development for coders. On this note, it has attracted attention with its successful launch and subsequent price surge.

MANTA Price Chart

Today, MANTA is showing strength in the market, with its price currently at $2.82, marking a 7.09% intraday rally. Despite its modest market dominance of 0.04%, Manta Network has displayed positive token sale performance in USD, BTC, and ETH. Moreover, market analysis suggests a bullish sentiment toward MANTA’s price prediction. 

Similarly, trading activities have raised the greed score to 66, reflecting market relevance. Therefore, investors closely monitor Manta Network’s performance, anticipating it may reach $3.50 soon. Moreover, based on its market cap, the project’s high liquidity further enhances its appeal among crypto investors.

4. Flare (FLR)

In a move to improve its ecosystem, on October 13, 2023, Flare announced its decision to burn 2.1 billion FLR tokens. This token represents over 2% of FLR’s total supply. Importantly, this strategic action is aimed at permanently removing tokens from circulation. In addition, it aims to prevent the dilution of community token holdings, drawing new users to join the network.

FLR Price Chart

Today, an additional 66 million FLR tokens were burned, bringing the total burn to 397.76 million. This token burn has sparked optimism among investors, leading to a 2.40% surge in Flare’s intraday price. Currently priced at $0.029760, with a trading volume of $30,355,561, Flare holds the #135 position.

Meanwhile, Flare’s price prediction is positive, with a 66 greed score. Moreover, Flare is trading above the 200-day simple moving average, indicating a positive trend. Over the past 30 days, Flare has experienced 17 green days, accounting for 57% of the period.

5. ORDI (ORDI)

Recent price movements of ORDI indicate a potential turnaround in its bearish trend. After hitting a low of $50, buyers intervened to halt further decline. Subsequently, there has been a gradual and steady increase in price, with ORDI reclaiming the $57.8 support level, which is crucial for buyers.

In the past 24 hours, ORDI experienced a notable 9% increase in price, propelling it back above the $57.8 support level. This bullish candle propelled it into the top crypto gainers today. Furthermore, the Relative Strength Index surged from the neutral 50 to 67, indicating strong buying pressure. 

ORDI Price Chart

This positive signal from the price action and RSI prompted buyers to inject more capital into ORDI, as reflected by the positive reading of +0.21 on the Chaikin Money Flow (CMF). In addition, ORDI trades significantly above its 200-day SMA, indicating a strong upward trend. Its high liquidity and a market dominance of 0.07% further support its attractiveness to investors.

6. eTukTuk (TUK)

eTukTuk’s ascent into the top crypto gainers today has triggered investors’ attention. On this note, investors are in the mood to capitalize on this coin. eTukTuk presents a solution to climate change and urban mobility issues while offering a lucrative investment opportunity.

Setting eTukTuk apart from other EV projects is its focus on catering to developing economies. While numerous EV initiatives exist, eTukTuk stands out for its alignment with the real-life challenges faced by people in emerging markets.

Meanwhile, the TUK token presale offers early investors the chance to secure their stake at $0.0265 per token. This presents a chance to capitalize on the potential growth of the eTukTuk transportation ecosystem before the token price escalates upon public listing.

Furthermore, investors are actively flocking to participate in the TUK token presale, drawn by the promise of exceptional stake rewards. Also, staking TUK tokens offers a pathway to consistent passive income, with an annual reward rate of 256%. Hence, this incentivizes token holders to retain their investment as the participation in the eTukTuk ecosystem grows.

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7. Stacks (STX)

Over the past 24 hours, Stacks has surged 18.67% to $1.812112, defying its recent downward trend. However, in the preceding week, it experienced a 2.0% loss, dropping from $1.55 to its current price.

STX Price Chart

Stacks has demonstrated notable long-term performance, with a substantial 468% price increase over the last year, placing it among the top 5% of crypto assets. Moreover, it has consistently traded above its 200-day SMA, indicating sustained positive momentum.

Furthermore, Stacks now ranks #38 based on market cap, reflecting a 19.29% increase. Its trading volume has also surged significantly by 402.96% to $234,096,734, now ranked at #32.

Furthermore, Stacks (STX) has experienced 16 green days out of the last 30, comprising 53% of the observed period, signaling consistent upward movement.

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