Biggest Crypto Movers Today
About 12% of digital assets are performing well today and are in the green zone. Gas is showing an impressive 17.96% intraday rally, while Huobi Token is today’s biggest loser, with an 18.29% decrease.
1. Conflux (CFX)
Conflux is gearing up for a HackWeb3 DeFi hackathon, providing a unique opportunity to drive innovation in the DeFi sector. CFX’s market sentiment is bullish, and it has a Fear & Greed Index at 63. This year, the Conflux Network has seen a 696% increase in price.
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2. dYdX (ethDYDX) (ETHDYDX)
dYdX Chain has officially distributed over 3 million USDC as staking rewards, and boasts substantial trading volume. The chain’s prediction suggests the bulls are in sight, with an intraday price of $3.08.
3. Bitget Token (BGB)
Bitget Token has experienced substantial growth, with substantial market dominance and a sustained positive trend on its side. A modest 2.25% intraday increase suggests a sustained green candle could be close.
4. WEMIX (WEMIX)
WEMIX Token’s price prediction currently leans towards the bearish side. However, a Fear & Greed Index reading of 63 suggests that buyers may spark a resurgence. This reflects market movements from buyers.
5. Sponge V2 ($SPONGE V2)
Sponge is making a compelling comeback with the launch of Sponge V2, which builds on the foundation laid by V1. A presale is being conducted to ease the transition from the older version to Sponge v2.
6. Filecoin (FIL)
FilFoundation proudly announces the successful transmission of files from Earth to outer space through the revolutionary InterPlanetary File System (IPFS). In particular, the crypto space reacted positively to this news as Filecoin rallied 3.36% intraday to reach $ 5.92.
7. Mina (MINA)
Mina Protocol is working on its major mainnet upgrade, which is slated to conclude on January 22. The market responds positively to this development, with MINA trading among the top crypto gainers today.
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A new crypto mining platform, Bitcoin Minetrix, has been audited by Coinsult and offers decentralized, secure cloud mining and an opportunity to earn free Bitcoin daily. You can participate in their presale to purchase native tokens and take advantage of staking rewards. There is also a 100%+ APY on offer for staking.
Hot Take: Crypto Gain and Prediction
Although some cryptocurrencies are facing bearish outcomes, the overall market has seen substantial gains, with some major winners outperforming the rest of the market. The recent bullish movements and high liquidity suggest that the market has been resilient and is likely to remain relatively controlled and predictable in the coming days and weeks, making it an attractive environment for investors.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.