Do you know what are the top crypto gainers? If not this article is for you. Today, we will talk about top crypto gainers and which coin will pump next. Let’s find out by reading the article below.
What are the top crypto gainers?
Today, 32% of cryptocurrencies see a positive change. The cryptocurrency with the biggest gainer today is Avalanche, up 21.31% in the past 24 hours. Voyager Token was the biggest loser today, losing -13.51% in the last 24 hours. Over the past year, SONM was the best performer with a gain of 141.86%. The best performing token in 2022 is GALA, up 145.37% since the beginning of the year. The worst performing coin over the past 1 year was Terra Classic, which lost -99.99% of its value. Chain was the worst performing cryptocurrency since the beginning of the year, losing -10.38% of its value.
Which coin will pump next?
If you're planning to start buying cryptocurrencies, you're probably wondering which ones offer the greatest potential returns. While Bitcoin might be the obvious choice, it's not necessarily the best bet for 2023. With a smaller coin that hasn't been pushed up by institutional investors like Bitcoin, your chances of making big returns may be better.
1. Ethereum (ETH)
Ethereum is currently going through a major recession, losing more than 75% of its value in the last year, which is about the same as other major cryptocurrencies. Some analysts say the low price presents a good buying opportunity for investors who have been waiting for the right time to test the waters of cryptocurrencies. The token may also appeal to current investors who buy at a premium and benefit from dollar cost averaging.
2. Binance Coin (BNB)
Binance is the largest cryptocurrency exchange in terms of trading volume. Like bitcoin, binance coin has a strict limit on the number of tokens in circulation — for its part, there are currently a maximum of 200,000,000 tokens in circulation, of which there are 159,964,095. This helps the token price to grow exponentially in 2021.
3. Tether (USDT)
Tether is a "stablecoin" designed to provide a less volatile alternative to bitcoin because it is tied to another asset. In the case of tether, that asset is the U.S. dollar. In terms of valuation, Tether typically trades 1-to-1 against the U.S. dollar, meaning it is less volatile than cryptocurrencies like bitcoin and ether “usually” is the key word.
I hope this article will help you to learn what are the top crypto gainers and which coin will pump next. When trying to identify the next big cryptocurrency, two things to look at are similar to what stock investors look at: market cap and price.
