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Over the last 24-hour cycle, about 16% of cryptocurrencies showed positive changes. The leader of growth was BakerySwap , which showed a growth of 32.70%. Meanwhile, Cadena showed a significant decline of -12.14% over the same period.
Analyzing the trends of the last year, Rollbit coin showed the best result with a unique increase of 6546.98%. This means that it is the most successful currency of this period. Likewise, it was only in 2022 that the Rollbit coin continued its amazing journey. Thus, since the beginning of the year, it has increased by 5183.10 percent.
Bitcoin's performance in 2023 is different from last year. The significant rise in stocks has attracted attention because their performance exceeds the traditional returns of the stock market.
1. SAT (1000 SAT)
Today's entry of SATS into the top cryptocurrency gains was the result of an impressive intraday rally. The price of SATS is $0.068219, an increase of 8.45% in the last 24 hours, with a volume of $90.58 million.
It then hit a cycle high of $0.069286. The mood around SATS is somber right now. Meanwhile, the fear and greed index is 71 points, which means "greedy".
Great to see a vibrant, cohesive, visionary community established in the #Ordinals space exemplified by @hpgyBTC.
For those interested in exploring this collection, @JOMOHippo's Fuzzy Fox NFT is available to trade on #UniSat… pic.twitter.com/vIPnZBIwt0
- UniSat Wallet - save, register and search. (@unisat_wallet) December 25, 2023
In the Ethereum (ERC20) token sector, SATS is ranked 3,161 by market capitalization. In the last 30 days, there were 15 green days, which is 50% positive dynamics. In general, SATS shows significant price fluctuations over a period of time, reaching both highs and lows. Sentiment remains positive, as evidenced by the current growth and greed of the market.
2. Protocol (adjacent)
The NEAR protocol at $4.58 has seen significant market movement in the last 24 hours. With a trading volume of $1.67 billion and a market cap of $4.6 billion, NEAR holds a modest market dominance of 0.27%. The price has risen by 20.67% in this short period of time, indicating an upward trend.
In the Tier 1 sector, the NEAR protocol ranks 15th by market value. Highlights include a 238% price increase over the past year, outperforming the top 100 crypto assets by 80%. Notably, it outperforms Bitcoin and Ethereum.
Great to see a vibrant, cohesive, visionary community established in the #Ordinals space exemplified by @hpgyBTC.
For those interested in exploring this collection, @JOMOHippo's Fuzzy Fox NFT is available to trade on #UniSat… pic.twitter.com/vIPnZBIwt0
- UniSat Wallet - save, register and search. (@unisat_wallet) December 25, 2023
Additionally, the NEAR protocol has shown positive trading performance, consistently trading above its 200-day simple moving average. In addition, 19 green days have been recorded in the last 30 years, which is 63% positive. The project maintains high liquidity due to market capitalization.
3. SUI
Sui is currently trading at $0.854028 and is one of the fastest growing cryptocurrencies with some impressive trends. Trading above the 200-day simple moving average indicates a continuation of the positive trend. Current results reflect a positive trend in token sale prices. In the last 30 days, there was a positive increase for 17 days, which represents 57% of the recent trading history.
Market indicators indicate a strong liquidity position. This is reflected in a market capitalization of $882.43 million and a 24-hour trading volume of $1.15 billion. Sui Crypto currently dominates the market with 0.05% and is ranked 41st in the Tier 1 sector.
🔥Total Sui Blocked Value Over $200,000,000 Today‼️
This major milestone comes after TVL hit $100 million last month, with TVL up nearly 500% since September.
💥 What a great way to end the year! We can't wait to see what 2024 brings! #BuildOnSui🌊 pic.twitter.com/Naw1DFroJm
— Sui (@SuiNetwork) December 25, 2023
In terms of current thought analysis, the outlook tends to be bullish. The Fear and Greed Index of 71 shows investor optimism. Sui Crypto has a circulation of 1.03 billion SUI out of a cap of 10 billion SUI. This shows the potential for future growth and development.
4. Kusama (KSM)
Kusama (KSM) is currently trading at $61.29 in 24-hour trading, with a market cap of $717.68 million and a market capitalization of $519.11 million, representing a market dominance of 0.03%. The price of KSM has increased by 23.54% in the last 24 hours. Kusama currently has 8.47 million KSM tokens in circulation, up from a peak of 9.65 million, ranking it at #47 by market cap on Tier 1.
Notable statistics include a 141% increase in price over the past year, which is 66% higher than the top 100 crypto assets over the same period. Furthermore, it is consistently trading above the 200-day simple moving average. The token has 18 positive trading days out of the last 30, which is 60%.
Sentiment about Kusama's price is ridiculous, corresponding to a score of 71 (greed) on the Fear and Greed Index. Known for its market capitalization, it is also known for its high liquidity.
5. Osmosis (OSMO)
Osmosis is one of the biggest cryptocurrency gainers today after the day's rally. The coin is trading above its 200-day simple moving average, indicating positive market momentum. In addition, the country has had 24 green days in the last 30 days, which represents an increase of 80% and shows a steady upward trend.
Additionally, Osmosis has a cap of $1.807956 and a 24-hour trading volume of $223.71 million. In the last 24 hours, Osmosis price has increased by 16.46%, indicating a short-term bullish trend.
The integration of Osmosis into the @exodus_io wallet expands Osmosis' capabilities in the crypto space.
Users can enjoy seamless experience on mobile and desktop devices while keeping their assets safe in a caseless wallet.🔒
We invite you to the laboratory 🧪 https://t.co/yYdnUoyIVD
— Osmosis² 🧪 (@osmosiszone) December 8, 2023
In terms of market sentiment, the outlook for osmosis currently looks bleak based on sentiment analysis and price forecasts. In addition, the fear and greed index shows a sentiment of 71, which shows the greed of players in the market. In terms of supply dynamics, Osmosis is currently circulating 282.46 million OSMO tokens out of a maximum supply of 1 billion OSMO tokens.
6. Replacement of pancakes (KK)
Pancake Swap is currently trading at $3.48, up 20.53% in the last 24 hours. It has a trading volume of $412.62 million and a market capitalization of $959.92 million, which equates to 0.06% of the market dominance.
Pancake Swap is currently very bullish on its price outlook. It is filled with 71 (greed) with indicators of fear and greed. This project has a working supply of 275.73 million CAKE out of a maximum supply of 750.00 million CAKE. Last year, the country produced 125.49 million units with an annual supply inflation rate of 83.52%.
🔥 $10,166,225 Cake Baked: That's $34 Million!
💰 Trading Commission (AMM V2): 132K Pai ($438K) -29%
💰 Marketing Commission (AMM V3): 79k pesos (260k USD) -23%
💰 Trading Fees (Non AMM, eg Perpetual Contracts, Position Manager, etc.): 4K Cake ($1K) -98%
🔮 Estimate: cake 34 thousand ($112 thousand) -27%
🎟️ Lottery and... pic.twitter.com/veRsDhcFFB— PancakeSwap🥞Everyone's Favorite DEX (@PancakeSwap) December 26, 2023
Highlights include a 5% price gain over the past year and a streak of trades above the 200-day simple moving average. However, there have been 16 positive trading days out of the last 30 (53%), and it is now nearing a cycle high. In addition, the project has high liquidity depending on the market capitalization.
7. Sponge V2 ($Sponge V2)
The Sponge V2 cryptocurrency has experienced significant growth since its inception, initially valued at $1 million before reaching a peak market cap of over $100 million in 2023. According to the latest data, it is currently worth more than 16 million dollars, gaining more than one share of the community. 11,500 containers.
#Sponge is back bigger and more exciting than ever, this time with even better service!
We're moving from V1 to V2 by launching a new ERC-20 token on #Ethereum using the #Stake-To-Earn method. 🧽🧽🧽
Visit our website to learn more! #SpongeV2 #Crypto pic.twitter.com/OxPwRspYUZ
— $SPONGE (@spongoneth) December 24, 2023
One of the main features of Sponge V2 is the implementation of the "stack-bridge" model. This model aims to make it easier for $SPONGE holders to migrate to V2 by incentivizing and retaining existing $SPONGE holders through a staking strategy.
The project's roadmap includes detailed plans for the first stock market and has been supported by a large community of 30,000 members. This development positions the $SPONGE V2 project for growth, attracting the interest of investors looking for opportunities in the cryptocurrency market.
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