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

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The current cryptocurrency market is up 2% from yesterday, with around 24% of tokens holding green candles. Dogwifhat stands out as a growth leader , recording a significant increase of 30.20% in the last 24 hours. On the other hand, Bittensor is the biggest loser today, down -6.68% over the same period.

Additionally, Dogwifhat has performed exceptionally well over the past year, recording an impressive growth of 4,884%. Meanwhile, TukTuk presale is growing in popularity, with an annual commission of 256%. Coming back to recent market activity, Bitcoin is approaching the $45,000 mark as US spot ETFs continue to receive steady inflows.

1. Celestia (TIA)

Tier 2 projects, including Celestia, have seen growth recently. Since its launch in October, Celestia has continued to climb the rankings and is now among the top 30 altcoins. Meanwhile, Celestia's trading session is lit by green candles. TIA is priced at $19.45, up an impressive 10.45% in the last 24 hours alone.

Additionally, this bullish momentum has been fueled by a bullish outlook showing a strong uptrend as TIA trades sideways between $17.0 and $17.8. Additionally, CoinMarketCap reports a 105% increase in Celestia's 24-hour trading volume, indicating increased investor interest.

We present to you the Celestia Foundation support program.

The Delegation Program is the Celestia Foundation's first step in supporting the smooth operation and stability of Celestia.

Apply now 👇https://t.co/WHTOE4ec3a

– Celestia (@CelestiaOrg) February 6, 2024

Celestia's market sentiment remains positive with a Fear and Greed Index of 66, reflecting investor greed. Celestia had 16 green days out of 30 last month, claiming market dominance of 0.18%. Therefore, this positive trajectory indicates promising prospects for Celestia as new buyers will enter the market during the disclosure. This is why investors and enthusiasts are keeping an eye on Celestia's continued growth in the crypto space.

2. WAVE (WAVE)

Ondo Finance has taken a significant step forward by launching a pioneering Real Assets (RWA) initiative. The company recently revealed its latest initiative on SuiNetwork. The move marks the arrival of the flagship US Treasury bond product, the Sui community symbol, USDY.

Additionally, this development makes Ondo the first to offer a local dollar-denominated token. This includes stablecoins and stablecoin alternatives with interest via USDY. This underwritten note, backed by short-term US Treasury bonds, adds a new dimension to the cryptocurrency landscape.

Following this news, market indicators are showing a positive trend, with ONDO achieving better returns from the cryptocurrency today. Ondo Finance's current price is $0.236182, reflecting a modest intraday increase of 1.51%. Additionally, with market capitalization up 1.46% to $327,963,386, Ondo Finance ranks 141st.

📢 We're excited to announce our groundbreaking move on @SuiNetwork, bringing our flagship US Treasury product, USDY, to the Sui community! 📢

This collaboration will improve the availability of real assets in Sui's fast-growing business... pic.twitter.com/VVe7CwJZSi

– Ondo Finance (@OndoFinance) February 7, 2024

Market sentiment analysis shows a bullish outlook, supported by Ondo's 0.02% market dominance. Additionally, the Fear and Greed Index has a score of 66, indicating greater buying activity among investors.

3. Manta Network (MANTA)

The recent launch of Manta Network has generated considerable excitement and interest in the cryptocurrency community. The Manta Network, known for its user-friendly Web3 system, aims to make dApp development easier for developers. In this regard, it attracted attention with its successful launch and subsequent price increase.

MANTA is showing strength in the market today, with its price currently at $2.82, marking an intraday gain of 7.09%. Despite a modest market dominance of 0.04%, Manta Network saw positive results in USD, BTC, and ETH token sales. Furthermore, market analysis shows bullish sentiment regarding MANTA price predictions.

Explore $MANTA, the core tool and management token of @MantaNetwork. 🔱$MANTA empowers #MantaPacific and #MantaAtlantic users by delivering an enhanced experience with a modular ecosystem built for the next generation of scalable applications. https://t.co/XFwIhLy9L9

– Manta Network (🔱,🔱) #MantaNewParadigm (@MantaNetwork) January 15, 2024

Likewise, trading activity increased the greed score to 66, reflecting the importance of the market. Therefore, investors are closely monitoring Manta Network's performance, expecting it to reach $3.50 in the near future. Additionally, considering the market capitalization, the high liquidity of the project further increases its attractiveness to cryptocurrency investors.

4. Flash (FLR)

In an effort to improve its ecosystem, Flare announced on October 13, 2023 its decision to burn 2.1 billion FLR tokens. This token represents more than 2% of the total FLR supply. It is important to note that this strategic action aims to permanently remove the tokens from circulation. Additionally, it aims to prevent the dilution of overall token assets, which incentivizes new users to join the network.

Today, an additional 66 million FLR tokens were burned, bringing the total number of tokens burned to 397.76 million. This symbolic fire increased investor optimism, causing Flare's intraday price to increase by 2.40%. Flare is currently ranked 135th with a price of $0.029760 and a trading volume of $30,355,561.

Another $66 million in FLR disappeared, bringing total spending to $397.76 million 🔥

Check out the fire deal here: https://t.co/LEfzrA28aD

ICYMI, this FLR burn plan is the first community effort, beyond burn fees and unclaimed FLR bonuses.

Find out more: https://t.co/eW9U8uZfBr pic.twitter.com/y2ieMQ1Q5b

– Flare ☀️ (@FlareNetworks) February 8, 2024

Meanwhile, Flare's price outlook is positive with a Greed Score of 66. Additionally, Flare is trading above its 200-day simple moving average, indicating a positive trend. Over the last 30 days, Flare has experienced 17 green days, which represents 57% of the period.

5. ORDER

Recent ORDI price movements indicate a possible reversal of the downward trend. After hitting a low of $50, buyers stepped in to stop further declines. Thereafter, prices increased gradually and steadily as ORDI regained the critical support level for buyers at $57.8.

ORDI price increased by 9% in the last 24 hours, placing it above the $57.8 support level. This bullish candle has placed it among the top cryptocurrency gainers today. Additionally, the Relative Strength Index rose from a neutral level of 50 to 67, indicating strong buying pressure.

This positive signal from price action and RSI encouraged buyers to allocate more capital to ORDI, as evidenced by the positive Chaikin Money Flow (CMF) reading of +0.21. Additionally, ORDI is trading well above its 200-day SMA, indicating a strong uptrend. Its high liquidity and market dominance of 0.07% further enhance its attractiveness to investors.

6. eTukTuk (KTK)

eTukTuk's current rise in the ranking of the largest cryptocurrency companies has attracted the attention of investors. On this point, investors will benefit from this currency. eTukTuk offers a solution to the challenges of climate change and urban mobility by providing a profitable investment opportunity.