Top Crypto Gainers Today Jan 31 – Ronin, Tellor, TRON, Sui 

Today’s trading session took a slight dip from yesterday’s impressive outing. Market movements reflect a cautious sentiment, with only 10% of cryptocurrencies showing positive traction. Liechtenstein Cryptoassets is the top gainer, with an 18.98% increase. Conversely, Ondo Finance hit a setback, marking a 14.58% loss within the same timeframe.

Biggest Crypto Gainers Today – Top List

Moreover, Dogwifhat demonstrated an exceptional gain of 5,537.03% over the past year. Similarly, Liechtenstein Cryptoassets maintains its momentum as the best-performing coin of 2022, with a solid increase of 167.66% since its inception. On the broader scene, Binance reviews its majority stake in the South Korean crypto exchange GOPAX.

1. Ronin (RON)

Recent developments regarding Ronin have sparked significant interest among investors and enthusiasts. A Binance hot wallet has accumulated RON tokens since January 26th, amassing 137.8k RON. Consequently, speculation about a potential RON listing on Binance has intensified, driving a notable 15% surge in just 24 hours.

Meanwhile, RON is valued at $2.77, marking a 4.62% increase in the last day. Similarly, trading volume is up by 98.43% $11.18 million, establishing a market dominance of 0.05%. Moreover, analysts exhibit a bullish outlook on RON’s price prediction. At the same time, this sentiment is bolstered by a Fear & Greed Index reading of 60, signaling trading activity.

Furthermore, RON is above its 200-day moving average, showcasing a positive trend. Moreover, strategic partnerships have significantly bolstered RON’s credibility and market value.

We’re onboarding the next generation of Web3 users and gamers – one RNS at a time.

Get yours here ????https://t.co/9qF0jzCA3x pic.twitter.com/qNijy4M5D3

— Ronin (@Ronin_Network) January 30, 2024

With an impressive 248% growth last year, RON has outperformed 88% of the top 100 tokens, including Bitcoin and Ethereum. Currently positioned near its cycle high, RON presents compelling opportunities for investors.

2. Pyth Network (PYTH)

Pyth Network has recently secured a listing on ZeroLend’s Zero Gravity platform, paving the way for investors to engage in decentralized lending. Today, Pyth Network demonstrates robust performance, with a notable surge in trading volume and an upward price trend. 

Priced at $0.408936, it has surged by 2.69% in the last 24 hours, showcasing growing investor interest. Over the past month, Pyth Network has succeeded on 17 out of 30 days, indicating resilience amidst market fluctuations. 

Boasting a market cap of $613.40 million, Pyth Network offers ample liquidity for traders. Moreover, its availability on KuCoin ensures easy access for a broad audience. The Fear & Greed Index stands at 60, reflecting investor optimism that could further propel Pyth Network’s momentum. 

$40 billion in trading volume after Synthetix switched to Pyth

High-throughput DeFi is #PoweredByPyth pic.twitter.com/JJbRtUZbJP

— Pyth Network ???? (@PythNetwork) January 30, 2024

Therefore, Pyth Network’s listing on ZeroLend’s platform and strong performance position it as an enticing option for investors. Moreover, the active investor interest has propelled it into the top crypto gainers today.

3. Monero (XMR)

Monero entered the top crypto gainers today after a 0.78% price increase in the last 24 hours, bringing its current trading value to $163.53. Similarly, about $131.80M volume of XMR was traded, indicating robust liquidity in the market. Moreover, Monero maintains its prominence with a market cap of $3.01B and a market dominance of 0.18%. 

Also, it boasts a circulating supply of 18.39M XMR out of a maximum supply of 18.20M XMR, contributing to its value. Furthermore, Monero has a 1.02% yearly supply inflation rate, creating 186,078 XMR last year. As such, it remains resilient, securing the #6 spot in Proof-of-Work Coins. 

Feather Wallet 2.6.2 is now released! https://t.co/GPRnBqYg0j

— Monero (XMR) (@monero) January 3, 2024

In addition, investor sentiment remains bullish, reflected by a greed score of 60. Not to mention, trading on Binance further bolsters Monero’s high liquidity. Likewise, XMR’s 1.02% yearly inflation rate aligns with its objective of maintaining a steady supply for long-term sustainability.

4. Sponge V2 ($SPONGE V2)

Sponge has unveiled its highly anticipated V2, representing a significant leap forward from its previous version. This release embraces the latest advancements and takes advantage of emerging bullish trends, earning a spot among the top crypto gainers today.

Huge milestone alert, #SPONGERS! ????

There are now over 6 billion $SPONGE tokens staked with a value of $3,958,206.14! ????

Our holders are enjoying an impressive current APY of +250%. ????

Join us and absorb the damp!! ????????????????#SpongeV2 #Crypto #Web3 #Alts #100x pic.twitter.com/llxFF0hfby

— $SPONGE (@spongeoneth) January 26, 2024

Furthermore, Sponge V2, building upon the solid foundation of its predecessor, actively introduces substantial enhancements. Moreover, these enhancements aim to elevate the Sponge Ecosystem to new heights. 

Also, a presale is underway to facilitate the transition to Sponge V2 and encourage community involvement. As such, users are offered exclusive bonuses, including implementing an automatic staking system. This proactive approach aims to retain existing community members and attract new participants interested in exploring Sponge’s innovative offerings.

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Therefore, Sponge’s growth is impressive, starting with a valuation of $1 million and experiencing remarkable growth since then. Sponge V2 reached a peak market capitalization exceeding $100 million in 2023 before stabilizing at $16 million.

5. TRON (TRX)

Investors are closely monitoring TRON as it enters the top crypto gainers today, with promising signs of growth. Along this line, TRON indicates potential for further gains, Recently surpassing the 200-day EMA). TRON trades on Binance, ensuring high liquidity. Equally, it has outperformed 72 of the top 100 coins over the past year, with its price surging by 82%.

Analyzing its price chart, TRON appears poised for continued upward movement, with expectations of surpassing its neckline. Despite encountering resistance, TRON has maintained an upward trend. Hence, its price fluctuated between $0.1068 and $0.113 last week, showing no signs of slowing down.

Looking ahead, analysts predict a next price target of $0.1863, achievable by the end of 2024 based on current data. However, before reaching new highs, TRON may experience a pullback to navigate bearish conditions.

6. Sui (SUI)

Traders closely monitor Sui Crypto’s recent performance, especially its resilience during market ups and downs. Despite briefly dropping to $1.5, SUI quickly bounced back, demonstrating its strength. Therefore, experts predict it could soar past $2.5 once Bitcoin gains traction, signaling a potential upward trend.

Currently priced at $1.609348, Sui experienced a 3.19% rise, trading at $1.73 billion in volume. It’s trading near its highest point, indicating strong momentum. From a technical standpoint, Sui is trading above its 200-day moving average, a positive sign. 

Fiat on-ramps for Sui are coming thanks to @BanxaOfficial!

Banxa will be adding the SUI token to its platform and @Mysten_Labs’ Sui Wallet will give users the opportunity to purchase SUI tokens through Banxa’s on-ramp. https://t.co/1jIOMYjK7r

— Sui (@SuiNetwork) January 29, 2024

It’s also outperforming its initial token sale price. Out of the last 30 days, it had 17 gains, showing a consistent positive trend. Market sentiment is optimistic, with a Fear & Greed Index of 60 (Greed). This suggests potential for growth in the future. Overall, Sui’s strong technical indicators and positive market sentiment look promising.

7. Tellor (TRB)

Tellor stands out among the top crypto gainers today with a unique investor behavior pattern. Only about 7% of Tellor’s total supply actively trades, indicating a majority of long-term holders. This stable holding dynamic implies that sharp price surges are likely when funds flow in.

Currently, sentiment towards Tellor remains positive, with a Greed rating 60 on the Fear & Greed Index. With a 24-hour trading volume of $487.45M, Tellor maintains a market dominance of 0.02%. Moreover, its price is $117.07, marking a 0.94% increase in the past 24 hours.

Furthermore, Tellor boasts a market cap of $298.83M and consistently trades above its 200-day simple moving average. Over the last year, Tellor’s price has surged by 669%, outperforming 95% of the top 100 coins.

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