Blockchain

Top Crypto Gainers Today Jan 25 – Nexo, SKALE, KuCoin Token, Stacks

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Today’s market movements show a mixed bag, with only 12% of tokens experiencing positive gains. OriginTrail takes the lead as the top gainer, boasting a 12.13% increase in the last 24 hours. Conversely, Siacoin is today’s biggest loser, plummeting by -24.77% over the same period.

Biggest Crypto Gainers Today – Top List

Based on the yearly outlook, Dogwifhat has significantly outshined others, showcasing an impressive gain of 7,463.84%. In contrast, ApeCoin is the worst performer, shedding -78.27% of its value in the past year. 

2022’s standout coin, UMA, has gained 108.64% since the year began. However, Tellor has yet to fare as well, marking itself as the worst performer since the year’s inception, witnessing a loss of -64.29% of its value.

1. Ribbon Finance (RBN)

RBN’s impressive session has earned a place among the top crypto gainers today. Ribbon Finance broke through a significant resistance level at $0.40, in a bullish trajectory to move beyond the $1 mark shortly. Therefore, analysts projected a longer-term target of $5. 

Along this line, RBN’s value is $0.537573, increasing by 16.32% over the past session. As a result, this pushed the coin’s trading volume to $1.15 million, keeping the market dominance at 0.02%.

Moreover, it has recorded 18 green days out of the last 30, representing a 60% positive trading streak. Likewise, Ribbon Finance is currently hovering near its cycle high, suggesting the potential for further upward movement.

Furthermore, traders are bullish on RBN, with the Fear & Greed Index registering at 52, indicating a neutral market sentiment. This optimism is supported by the project’s robust fundamentals and promising technical indicators.

2. dogwifhat (WIF)

Dogwifhat is trending after its Binance listing, pushing its price and trading volume to $0.371294 and $470.01M, respectively. Its market cap of $ 370.89M solidifies its standing in the Meme Coins sector, with the impressive rank of #5.

Furthermore, Dogwifhat has surged by 14.82% within the last 24 hours, bringing it to its cycle high of $ 0.376051, signaling a bullish sentiment among investors. This upward trajectory and its substantial market cap highlight its appeal to traders seeking ample liquidity and trading opportunities. 

WIF Price Chart

Moreover, Dogwifhat’s availability on prominent platforms like KuCoin further enhances its accessibility and market reach. Despite these positive indicators, the broader market sentiment remains neutral, reflected by a Fear & Greed Index of 52. This suggests investors’ cautious yet optimistic outlook regarding Dogwifhat’s future performance.

3. Nexo (NEXO)

Nexo displayed an uptick of 3.22%, reaching $0.818595; this placed it among the top crypto gainers today. This increase coincides with a trading volume of $3.82M, indicating heightened investor interest.

NEXO Price Chart

Presently, Nexo is circulating 560.00M out of a maximum supply of 1.00B NEXO tokens. Besides, it shows popularity in the Ethereum (ERC20) sector, securing 30th position by market cap. Furthermore, Nexo is above the 200-day SMA, as investors expect a bull soon. 

Along these lines, investors are holding as the greed index remains neutral. Meanwhile, Nexo reached its peak price of $4.07 on May 12, 2021. However, it hit its lowest point of $0.043119 on Sep 12, 2018. Since then, NEXO experienced fluctuations, dipping to a cycle low of $0.516172 and peaking at $0.993577.

4. Stacks (STX)

STX’s recent performance shows promising potential within the altcoin market. This surge in value coincides with Bitcoin’s recent SEC decision on ETFs, which indicates a positive STX and BTC price relationship. By extension, Bitcoin’s projected growth in 2024 places Stacks as an altcoin to watch.

STX Price Chart

Moreover, Nexo’s price is $0.819025, hitting a 2.34% increase over the past 24 hours. Notably, it surpasses the 200-day simple moving average, signaling a positive trend. Compared to its initial token sale price, Nexo demonstrates favorable performance.

On May 12, 2021, Nexo peaked at $4.07 while reaching its lowest point of $0.043119 on September 12, 2018. Since its all-time high, Nexo’s lowest price was $0.516172 (cycle low), with its highest reaching $0.993577 (cycle high).

5. SKALE (SKL)

SKL makes an entry into the top crypto gainers today. Per Coinmarketcap’s data, SKALE’a’s price is $0.070271, marking a 2.75% intraday increase. In addition, there were further value gains; trading volume reached $204.94 million, and a market cap hit $360.79 million. 

SKL Price Chart

Reviewing its historical performance, SKALE reached its peak price of $1.214790 on Mar 12, 2021. Moreover, SKL hit its lowest point at $0.019471 on Oct 19, 2023. Since then, it has climbed to a high of $0.106385. Presently, sentiment towards SKALE’s price prediction is neutral, with a Fear & Greed Index rating of 52.

Since last year, SKALE has demonstrated significant growth, with a price increase of 110%, topping 79% of the top 100 coins. Similarly, SKL is trading above its 200-day simple moving average, indicating a positive trend. Moreover, its high liquidity, reflected in its market cap, suggests favorable trading conditions.

6. Meme Kombat (MK)

Meme Kombat has rallied the crypto market with its innovative approach. In its ongoing presale, BTCMTX has already raised $789,547.27 from its $1,000,000 target. What sets Meme Kombat apart is its unique blend of staking and betting, offering users multiple ways to engage and earn rewards.

https://x.com/Meme_Kombat/status/1750549321609580792?s=20 

With half of the MK tokens up for grabs at $1.667 each and a hard cap of $10 million, it’s designed for accessibility. Furthermore, Meme Kombat is gearing up to list its tokens on a decentralized exchange. 

To facilitate faster trading, they’ve allocated 10% of the total supply for liquidity. As detailed in their whitepaper, this strategic move highlights their commitment to decentralized trading.

7. KuCoin Token (KCS)

KuCoin Token has hit the top crypto gainers today after surging impressively over the past year. With a robust 28% price increase, it has outperformed over half of the top 100 crypto assets. Notably, trading above its average price for the last 200 days, KCS has surpassed its initial sale price.

KCS Price Chart

Furthermore, KCS is listed on the KuCoin exchange with a price of $9.93, with a trading volume of $1.24 million. Its market cap is $795.97 million, positioning it as the 8th largest token in the Exchange Tokens sector and the 22nd in the Ethereum (ERC20) Tokens sector.

Despite a modest 0.23% increase in the last day, KCS has reached a cycle high of $14.18 since its last low, signaling positive momentum. With 80.12 million KCS in circulation out of a maximum of 171.25 million, KCS maintains a strong presence in the market. 

Although the Fear & Greed Index reflects a neutral sentiment at 52, the overall prediction for KCS remains bullish. Investors are encouraged to monitor KCS closely as it continues to exhibit promising growth in the crypto market.

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