Top Crypto Gainers Today Jan 20 – Ronin, Akash Network, Sushi, Theta Network

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Today’s trading session reflects a shift from yesterday’s bearish outlook, with 23% of cryptocurrencies displaying gains. The standout performer over the last 24 hours is the API3 Token, surging impressively by 67.76%. 

In contrast, Huobi Token experienced a notable downturn, registering a substantial -25.78% loss during the same period. Over the past year, Dogwifhat has stolen the spotlight as the top performer, boasting an outstanding 7,098.16% gain.

Biggest Crypto Gainers Today – Top List

On the flip side, ApeCoin claims the unfortunate title of the worst-performing coin in the last 12 months, witnessing a significant -72.25% loss. Meanwhile, crypto enthusiasts have eagerly embraced newly-launched spot Bitcoin ETFs, with an impressive $3.33 billion flowing into these funds within the initial five days of trading.

1. Ronin (RON)

Ronin’s blockchain’s official crypto wallet has substantially upgraded to improve functionality. Sky Mavis is the team behind the play-to-earn NFT game Axie Infinity integrated multichain. This integration will support the Ronin wallet app for iOS and Android users. 

Therefore, the latest update will allow users to access the Ethereum main net effortlessly. Users will also access the Ethereum sidechain Polygon and Binance’s BNB Chain by extension. Furthermore, Ronin’s market outlook is positive, with a bullish price prediction; however, traders are the fear and greed index is neutral at 51. 

In tandem with the positive outlook, the Ronin climbed 375% price increase in the last year, outpacing 90% of the top 100 tokens. Moreover, the coin’s recent trend has been reassuring. RON is positioned above the 200-day SMA, boasting 16 green days in the last 30 days (53%).

2. Chiliz (CHZ)

Chiliz has made the top crypto gainers today with positive performances over the past week. In addition, Chiliz displayed an uptick, recording a 12.60% increase in its price. CHZ stands at $0.099266, amassing an intraday trading volume of $323.09 million.

CHZ Price Chart

Furthermore, Chiliz’s market cap is $882.30 million, securing its position as the fifth-largest NFT Token. With a market dominance of 0.05%, Chiliz exhibits resilience and a steady market presence.

Moreover, Chiliz’s positive trajectory is reflected above the 200-day SMA, reflecting a sustained bullish trend. Meanwhile, the market sentiment aligns with this optimism, as the Fear & Greed Index registers a neutral reading 52.

3. Akash Network (AKT)

AKT has showcased a resilient recovery trajectory since mid-October 2023, commencing with a rebound from $0.74. Over the span of three months, the coin has experienced a robust surge of nearly 288%, presently hovering around $3.84.

AKT Price Chart

This upward momentum, characterized by intermittent pullbacks, reflects sustained growth as buyers re-engage during these brief downturns. Equally, these pullbacks have formed a pattern resembling flags, hinting at early indicators of an imminent rally.

On January 19th, AKT successfully broke out from a flag pattern, confirming its upward trend. This recovery might extend by approximately 30% in a favorable market scenario, targeting the $3.7 mark.

Moreover, Akash Network’s price is $2.81, followed by an intraday trading volume of $4.72 million. In addition, AKT boasts a market capitalization of $634.11 million and a market dominance of 0.04%. In the last 24 hours alone, the AKT price has surged by 8.38%.

4. Siacoin (SC)

Siacoin has entered the top crypto gainers today, rising by 11.33% to $0.011702. SC has accumulated a trading volume of $ 11.78M in the last 24 hours. 

SC Price Chart

Furthermore, Siacoin’s market cap is $ 657.76M, making it the eighth-largest Proof-of-Work coin and the forty-fifth in the Layer 1 sector. With a market dominance of 0.04%, Siacoin maintains a steady presence.

In addition, SC’s green days have been plenty, with 19 in the last 30, reflecting consistent upward momentum. Meanwhile, the Fear & Greed Index stands at 52, indicating a neutral market sentiment—however, Siacoin’s current position above the 200-day SMA signals a looming rally.

5. Sushi (SUSHI)

Sushi holders are having a positive trading session as the coin is holding strong at $1.102504. The rise marked an impressive 8.86% surge, reflecting SUSHI’s entrance into the top crypto gainers today. Alongside this rally, the coins trading volume sits at $78.12 million, securing a market dominance of 0.02%.

SUSHI Price Chart

Sushi isn’t just riding the wave; it’s confidently trading above the 200-day simple moving average, a positive signal for investors. Over the last 30 days, it has experienced 15 green days, showcasing a significant 50% uptick.

Despite the current bearish sentiment, as indicated by a Fear & Greed Index at 52, Sushi holds its ground. At the moment, it is placed #27 in the DeFi Coins sector, #9 in the Yield Farming sector. In addition, Sushi ranks #60 in the Ethereum (ERC20) Tokens sector based on market cap.

Turning to its supply dynamics, Sushi’s circulating supply stands at 232.02 million out of a maximum supply of 250.00 million. Meanwhile, the yearly supply inflation rate is at 82.34%, resulting in the creation of 104.77 million SUSHI in the past year.

6. Theta Network (THETA)

Theta Network has undergone quite a journey, surging to $1.448180 since its last low. Presently, a bearish sentiment prevails, evident with the Fear & Greed Index standing at a neutral 52.

THETA Price Chart

Furthermore, is prominent in the crypto space, claming the 21st spot among Ethereum (ERC20) Tokens. Morever, its prominence extends to ranking 4th in NFT Tokens, Metaverse sectors, and 38th in the Layer 1 sector. Meanwhile, the coin has a circulating supply of 870.50 million THETA out of a maximum 1.00 billion. 

Over the past year, Theta Token has displayed resilience, boasting an 11% price increase. Maintaining its position above the 200-day simple moving average signals a positive trend. In addition, the current market cap sits at $886.24 million, emphasizing its robust performance.

As of the latest update, Theta Token is valued at $1.018083, reflecting a 6.59% increase in the last 24 hours. With a 24-hour trading volume of $35.85 million, it asserts a market dominance of 0.05%, showcasing its liquidity. 

7. Sponge V2 ($SPONGE V2)

Sponge is poised for a significant resurgence with the introduction of Sponge V2, an upgrade surpassing its predecessor, Sponge V1. Capitalizing on the anticipated bull market, Sponge V2 enhances the foundation laid by V1 and introduces Play-to-Earn (P2E) utility into the Sponge Ecosystem.

To facilitate the transition from the older version, Sponge is currently conducting a presale, offering exclusive bonuses and an automatic staking system. This strategic move aims to both retain the existing community and entice new participants.

Sponge’s trajectory has been marked by remarkable growth. Beginning with an initial valuation of $1 million, Sponge V2 experienced a substantial surge, reaching a peak market capitalization exceeding $100 million in 2023 before settling at $16 million. 

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Top 10+ Crypto Gainers Today

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