Blockchain

Top Crypto Gainers Today Dec 24 – Moonriver, Kusama, Meme Kombat, THORChain

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About 18% of cryptocurrencies exhibited positive trends in the past 24 hours. Among these, Moonriver stood out as the top gainer today, showcasing an impressive 89.70% increase in value, while aelf experienced the most significant decline, with a -27.86% loss within the same period. Assessing the past year’s performance, Rollbit Coin emerged as the most lucrative investment, exhibiting a remarkable gain of 6,783.00%.

Biggest Crypto Gainers Today – Top List

In 2022, Rollbit Coin demonstrated substantial growth, marking an increase of 5,846.00% since the year’s onset. 2023 Bitcoin surged approximately 160%, outperforming traditional stock market gains considerably. Presently valued at around $43,700, Bitcoin’s resurgence has drawn attention to the possibility of reaching the coveted $100,000 milestone by 2024.

1. Moonriver (MOVR)

MOVR is poised to end the year on a high, making the top crypto gainers today. Moonriver’s price is $36.42, reflecting a market cap of $317.12M. Furthermore, the token has seen a substantial surge in its price, marking a 98.84% intraday increase. 

Moreover, the current sentiment around Moonriver is bullish, which is evident in a Fear & Greed Index 71. Therefore, this indicates a state of “Greed” in the market sentiment. 

Notably, Moonriver has exhibited a 448% increase in price over the last year. The coin has also remained trading above its 200-day simple moving average, signaling a positive trend in its trajectory. With 19 green days in the last 30 days, accounting for 63% of the period, Moonriver exhibits a majority of positive trading sessions. Furthermore, Moonriver has a high liquidity due to its substantial market cap.

2. Kusama (KSM)

Kusama consolidates its place among the top crypto gainers today, surging by 126%. Currently priced at $56.50, Kusama experienced a remarkable 49.72% surge in the last 24 hours, trading with a market cap of $478.60M and a 24-hour trading volume of $1.18B.

Technically, Kusama maintains a position above its 200-day simple moving average. Recent performance showcases 18 positive trading days out of the last 30 (60%), indicating consistent activity. Its high liquidity, derived from its market cap, solidifies its market position.

KSM Price Chart

Current sentiment analysis forecasts a bullish trajectory for Kusama’s price. This aligns with the Fear & Greed Index standing at 71, reflecting a level of greed in the market sentiment. Regarding its circulating supply, Kusama holds 8.47M KSM out of a maximum supply of 9.65M KSM, positioning itself at #59 in the Layer 1 sector based on market cap.

3. Mina (MINA)

Mina enters the top crypto gainers today with its price at $1.202447, reflecting a 24-hour trading volume of $978.24M. Moreover, it has a market cap of $1.23B, reflecting a market dominance of 0.07%. MINA’s price surged by 27.94%, entering the top crypto gainers today.

MINA Price Chart

Furthermore, MINA’s analysis is bullish, with the Fear & Greed Index at 71 (Greed). In the Layer 1 sector, Mina Protocol holds the #33 position concerning market cap. Key points include a 154% increase in price over the past year, outperforming 67% of the top 100 crypto assets within the same period. 

Moreover, it trades above its 200-day simple moving average and has seen 18 positive days out of the last 30 (60%). Notably, it exhibits high liquidity based on its market cap.

4. THORChain (RUNE)

THORChain’s ascent into the top crypto gainers today has caught the eye of investors with 354% in the past year. RUNE is trading above its 200-day moving average, signifying a positive trend.

RUNE Price Chart

Comparatively, THORChain has demonstrated strength against its token sale price and boasts strong liquidity. This is evident from its market capitalization. At present, it’s valued at $6.34, with a 24-hour trading volume of $671.71M. 

Sentiment analysis leans bullish for THORChain’s price prediction, while the Fear & Greed Index registers 71 (Greed). Regarding supply metrics, 337.40M RUNE is currently in circulation out of a maximum supply of 500.00M RUNE. Last year, the yearly supply inflation rate was 2.03%, creating around 6.71M RUNE.

5. Meme Kombat (MK)

Meme Kombat has entered the crypto scene with a noticeable impact. It has attracted attention by raising $789,547.27 in its current presale of a $1,000,000 goal. The project stands out for its innovative gaming platform tailored to enthusiasts.

What separates Meme Kombat is its combination of staking and betting, providing users with various ways to engage with the platform and earn rewards. Currently, 50% of the MK supply is available in the presale at $1.667 per token, with a set hard cap of $10 million. This dual approach significantly increases the usability of MK tokens among its user base.

Additionally, the project plans to list its tokens on a decentralized exchange. MK has allocated 10% of the total supply to provide liquidity, aiming to facilitate faster trading. This strategic move, outlined in Meme Kombat’s whitepaper, reflects its commitment to enabling the decentralized trading of MK tokens.

6. Oasis Network (ROSE)

The Oasis Network is another entrant into the top crypto gainers today. ROSE consistently maintains a trading position above the 200-day simple moving average. In the last 30 days, the network experienced 17 positive trading days, accounting for 57% of the period. It’s hovering around its cycle high, indicating a robust trading position. Liquidity, determined by its market cap, remains notably high.

ROSE Price Chart

As of the latest data, the current price is $0.138798, exhibiting a 24-hour trading volume of $249.19 million. The market cap sits at $931.83 million, capturing a market dominance of 0.05%. Present sentiment analysis leans towards a bullish market, coinciding with a Fear & Greed Index 71, denoting “Greed.”

In terms of its circulating supply, there are presently 6.71 billion ROSE tokens out of a maximum supply of 10.00 billion ROSE. The current yearly supply inflation rate is 17.25%, creating 987.88 million ROSE in the past year.

7. Polkadot (DOT)

Polkadot has experienced notable shifts in its pricing dynamics over the past year. With a substantial 101% price increase within this period, it has notably outperformed 57% of the top 100 cryptocurrencies. The asset trades above its 200-day simple moving average, indicating a positive trend. In comparison to its token sale price, Polkadot shows positive performance.

DOT Price Chart

In the recent 30-day span, Polkadot demonstrated strength with 20 green days, accounting for 67% of the observed period. It’s currently positioned near its cycle high, reflecting an upward trend, and boasts high liquidity based on its market capitalization.

Polkadot is $8.98, experiencing a 14.37% intraday rally, with a market cap of $8.87B and a market dominance of 0.52%. Polkadot’s current market sentiment appears bullish, alongside a Fear & Greed Index reading of 71, indicating ‘Greed.’

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