Top Crypto Gainers Today Dec 09 – 1inch Network, THORChain, Avalanche, Fasttoken

In a surprising turn of events, the appointment of David Sacks as the new “AI and crypto czar” in the Trump White House has sent waves through the crypto market. His promise to provide clearer regulations has fueled renewed optimism, with Bitcoin surging from $42,265 at the beginning of the year to its current price of $98,520.

Momentum is building across the crypto market, with tokens like 1inch Network, THORChain, Avalanche, and Fasttoken rising as today’s top gainers. In this article, we dig into their potential, providing investors with valuable insights and exciting opportunities in the dynamic world of digital assets. 

Biggest Crypto Gainers Today – Top List

Investors seeking diverse opportunities will find each of today’s top gainers appealing differently. 1inch Network, up 12.37%, is ideal for those seeking efficient decentralized trading. THORChain, with a 4.19% increase, appeals to cross-chain liquidity enthusiasts. Avalanche, rising 2.29%, attracts investors in scalable smart contract platforms, with a 65.14% increase over its 200-day SMA. Fasttoken, up 1.13%, is perfect for those looking for low volatility and long-term growth, boasting a 196,295% rise above its 200-day SMA. To explore these tokens further and uncover more investment insights, read on!

1. 1inch Network (1INCH)

Leading today’s crypto gainers is the 1inch Network, a DeFi powerhouse reshaping decentralized trading. Known for its innovative DEX aggregator, 1inch connects over 400 liquidity sources across 12 chains, effortlessly ensuring users secure the best rates. With its advanced Fusion+ technology, 1inch redefines cross-chain swaps by eliminating MEV risks and simplifying asset movement without bridges, keeping DeFi secure and accessible.

The token’s recent surge of 12.37% in 24 hours reflects its growing market traction. Bolstered by Fusion+ integration news, the platform makes waves with Lympid, which uses 1inch to tokenize real-world assets like art and fine wine. By enabling compliant, gas-free swaps, Fusion+ aligns DeFi with traditional finance standards, attracting regulatory-compliant platforms and broadening investor appeal.

1INCH’s technical performance signals strong investor sentiment. The token has a high liquidity ratio of 0.6648, making it an efficient trading asset. However, its RSI at 77.50 is currently overbought and might face short-term corrections. Long-term, it remains promising, trading 70.45% above its 200-day SMA and boasting a 44% price increase over the past year.

This combination of cutting-edge technology and solid fundamentals makes 1inch appealing to both retail and institutional investors. Active traders benefit from its high liquidity and efficient protocols, while long-term holders see potential in its market positioning and steady growth. As 1inch continues to bridge DeFi and TradFi, its innovations position it as a leading player in the evolving crypto space.

2. THORChain (RUNE)

Following closely on the heels of 1inch Network in today’s top gainers is THORChain, a decentralized liquidity protocol revolutionizing cross-chain asset swaps. By enabling users to trade Bitcoin, Ethereum, and other cryptocurrencies without losing custody, THORChain has carved out a vital niche in the crypto ecosystem. Its native token, RUNE, plays a central role in governance, liquidity, and security, solidifying its utility and value proposition.

A significant milestone has fueled excitement around THORChain: surpassing $50 billion in total swap volume year-to-date in 2024, marking a remarkable 73% growth compared to the combined volumes of 2022 and 2023. This achievement shows its increasing adoption and efficiency as a decentralized cross-chain exchange. The news coincides with a 4.19% price surge in the past 24 hours, bringing RUNE’s value to $7.39, signaling increased investor interest.

RUNE’s market metrics add to its appeal. With high liquidity, as evidenced by a 0.1741 volume-to-market-cap ratio and a neutral RSI of 63.08, the token appears poised for steady performance. Additionally, 18 green trading days in the last 30 suggest sustained bullish sentiment, while 30-day volatility remains low at 10%, making it an attractive option for risk-conscious investors.

For long-term prospects, RUNE is trading 45.04% above its 200-day SMA and has seen a 16% annual growth, reinforcing its upward momentum. This blend of robust infrastructure, consistent growth, and low volatility makes THORChain a compelling choice for investors seeking cross-chain innovation and reliable market performance.

3. Best Wallet Token (BEST)

Powering an innovative self-custody wallet ecosystem, Best Wallet Token is turning heads with its presale success. It has already exceeded $2.5M and is gaining momentum. With privacy and user control at its core, Best Wallet enables seamless storage, transfer, and staking of crypto assets, all without relying on centralized platforms. Its roadmap boasts innovative features, including decentralized exchange capabilities, staking tools, and exclusive bonuses for BEST holders, making it a hub for crypto lovers seeking a one-stop solution.

The ongoing presale generates significant momentum, with many speculating that the hard cap is within reach. If achieved, this milestone could ignite FOMO among investors and position BEST for listings on tier-one exchanges like Binance or Coinbase. These listings would expose BEST to millions of traders and potentially skyrocket its market presence, adding substantial upside potential.

Market conditions also play a pivotal role. If historical cycles hold true, the anticipated altcoin season in 2025 could bring a surge in valuations, with utility-driven tokens like BEST leading the charge. With its ecosystem expanding rapidly, growing user adoption will further validate its value proposition and attract more investors eager to capitalize on its multiple use cases.

BEST holders enjoy unique perks like reduced fees, governance rights, and priority access to top-tier presales, increasing the token’s appeal. These incentives align perfectly with the growing demand for decentralized solutions, positioning BEST as a standout investment. The presale success and planned developments hint at a bright future, urging investors to act before the window of opportunity closes.

Visit Best Wallet Token Presale

4. Avalanche (AVAX)

Avalanche, the third highlight among today’s top crypto gainers, continues to captivate attention with its unique approach to blockchain technology. As a layer-one platform, Avalanche combines speed, scalability, and versatility through its innovative triple-chain architecture. By seamlessly handling distinct tasks across the X-Chain, C-Chain, and P-Chain, it positions itself as a fierce competitor to Ethereum, luring developers with its efficiency and interoperability.

Intriguingly, Avalanche recently partnered with claimr’s Quest Management System, marking a significant step in expanding its ecosystem’s utility. This collaboration unlocks creative ways for projects to incentivize user engagement through point-based actions like deposits and social media activity. By doing so, Avalanche boosts its appeal and paves the way for more dynamic Web3 experiences, further strengthening its position in the decentralized ecosystem.

Over the past 24 hours, AVAX has increased by 2.29%, reaching $52.01. Notably, its RSI hovers at 69.94, signaling a neutral stance with room for potential sideways movement. With robust liquidity—indicated by a 0.0703 volume-to-market cap ratio—investors are paying attention, adding to the token’s allure as a high-activity asset.

Even more impressively, AVAX is trading 65.14% above its 200-day SMA, a testament to its long-term strength. Coupled with 60% positive trading days in the last month, Avalanche stands out as a dynamic investment for those seeking short-term excitement and long-term growth. Its mix of innovation and momentum makes it an irresistible choice in today’s ever-evolving crypto arena.

5. Fasttoken (FTN)

Rounding off our top crypto gainers list is Fasttoken, the native currency of the Bahamut blockchain. As an EVM-based layer-1 solution, Bahamut leverages an innovative Proof of Stake and Activity (PoSA) consensus, making FTN integral to staking, block validation, and cross-chain operations. With over 4200 validators and 600,000 transactions, it’s clear that FTN is driving a highly active blockchain ecosystem.

Fasttoken’s novel PoSA consensus rewards validators based on staking and smart contract activity, creating a dynamic and equitable network. This dual emphasis on activity and stake makes FTN a pioneer in transforming traditional block reward mechanisms. As activity surges across Bahamut, FTN’s relevance as a utility token within SoftConstruct’s ecosystem is further cemented.

FTN’s recent 1.13% price uptick brings its value to $3.23, supported by a strong market presence and an impressive 63% green days in the past month. However, with a 14-day RSI at 100.00, signaling overbought conditions, short-term volatility might loom. Yet, FTN’s extremely low 2% 30-day volatility reflects underlying stability, appealing to cautious investors.

Long-term, Fasttoken dazzles with a staggering 196,295.17% increase above its 200-day SMA while outperforming 63% of the top 100 cryptos in the past year. For investors seeking a blend of cutting-edge blockchain innovation and proven resilience, FTN shines as a compelling choice to close today’s top gainers list.

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