The crypto market has finally turned the tables today by pumping cryptocurrency prices and bringing crypto gainers to the attention. Moreover, the fear and greed index has reported a greedy sentiment among investors, which has happened after weeks of neutral sentiments haunting the market. For now, the crypto market heatmap is stained in green, indicating

The post Top Crypto Gainers and Losers of The Day appeared first on CoinGape.

Top Crypto Gainers and Losers of The Day

The crypto market has finally turned the tables today by pumping cryptocurrency prices and bringing crypto gainers to the attention. Moreover, the fear and greed index has reported a greedy sentiment among investors, which has happened after weeks of neutral sentiments haunting the market.

For now, the crypto market heatmap is stained in green, indicating the price recoveries for most cryptocurrencies. So, in this blog, let us discuss the top crypto gainers and losers to understand the market conditions better.

Top Crypto Gainers of The Day

The list of crypto gainers is long today as the greedy sentiments have brought big gains to the crypto assets. Among these crypto gainers, Fantom, SEI, and Immutable are the top performers, leaving behind the popular cryptocurrencies.

1.Fantom (FTM)

Fantom is the top crypto gainer of the day, with its 23% surge pushing the value to $0.8137 with a market cap of $2,284,183,845. FTM has been surging for days, not just today, causing increased transactions in the market. As a result, the 24-hour trading volume is up by 320%, bringing the value to $513,322,667.

2.Sei (SEI)

SEI is the second biggest gainer of the day, with its 22% surge in the last 24 hours. This surge comes after a big decline in the SEI prices earlier. At the time of writing, it is currently trading at $0.5632 with a market cap of $1,647,474,194. Moreover, there is an upsurge in its transactions, which has pushed its trading volume to $291,361,244.

3.Immutable (IMX)

Immutable, a layer solution for NFTs is in investors’ attention because of its 18% surge in the last 24 hours, pushing the value to $2.40. IMX has a market cap of $3,495,185,828, with a trading volume of $190,172,544 after a 205% surge.

Top Crypto Losers of The Day

Despite the crypto market’s bullish performance, a few cryptocurrencies have failed to maintain their gains. The list of these crypto losers includes PEPE, Toncoin, FLOKI, and many others. However, what’s more interesting is that all these three tokens were bullish and crypto gainers previously when the market was low but declined on the market’s recovery.

1.PEPE (PEPE)

After setting a new all-time high of $0.00001156 just yesterday, PEPE began to decline despite the greed zone. PEPE price is currently trading at $0.00001056 after facing a decline of 5.56%. Its market cap and trading volume have also declined by 5.63% and 27.46%, bringing the values down to $4,450,499,207 and $2,535,816,170.

2.Toncoin (TON)

In the list of top losers, Toncoin has also made its space despite surging well earlier. It has dropped 5.32% in the last 24 hours and is currently trading at $6.52 with a market cap of $22,627,955,193. Nonetheless, the demand for the token is still persistent as the trading volume has surged 36%, pushing the value to $553,371,660.

3.Floki (FLOKI)

FLOKI meme coin fall was quite random, as it was performing well until recently. At the time of writing, FLOKI is trading at $0.0002122 after a 4% fall and has a market cap of $2,028,328,144. Moreover, its trading volume is also down by 10%, bringing the value down to $846,316,033.

Final Thought

2024 began with a bullish market situation that continued for months before dropping in April. For almost one and a half months, the crypto market went through many instability and volatility issues, causing regular fluctuations in the crypto prices. Finally, the market has shown signs of recovery where multiple cryptocurrencies emerged as the crypto gainers.

The post Top Crypto Gainers and Losers of The Day appeared first on CoinGape.