Top 5 crypto gainers of today are Ethereum Name Service (ENS), Optimism (OP), Gnosis (GNO),Pendle (PENDLE), and dYdX (ethDYDX). While the broader crypto market is moving steadily with no significant price spikes and no drops, Ethereum Name Service (ENS) is leading with its incredible price surge of 23% in the last 24 hours. Optimism (OP) and Gnosis (GNO) are following the lead with more than 6% and 5% gains respectively.

Let us take a close look at the top 5 crypto gainers of today.

1. Ethereum Name Service (ENS)

Ethereum Name Service token ENS is the top performing token today in the market, rising over 23% in the last 24 hours. The ENS price is currently trading at $22.10, having a trading volume of around $265,670,167 and a market capitalization of $679,784,256. While the token price is up by 23%, its trading volume is rising by a whopping 298% since yesterday. 

The continuous rise in its trading volume is pointing at a further increase in the market price of ENS. The very recent partnership announcement between website hosting service provider GoDaddy and Ethereum Name Service is the major reason behind ENSS being the top gainer today. 

2. Optimism (OP)

Optimism is the next crypto top gainer today, recording over 6% gains the last 24 hours. The native token OP is currently trading at $3.24, raising by 6.13% from the lows of $3.05 earlier today. The market capitalization and trading volume are also rising inline with the price surge. 

While the market cap is more than $3 billion, its trading volume rose by 92% to $259,623,897 since yesterday. Both Optimism and Immutable have been going on price rallies for the past couple of months. The fact that they still stand in the top 5 gainers is noteworthy in the volatile and unpredictable crypto market. 

3. Gnosis (GNO)

Gnosis witnessed a sharp price spike earlier today, going from $220 to a peak of $235.14. It is currently trading at $231.81, recording more than 5.19% while the trading volume pumped by 76% to $13,936,391. Coming to the market capitalization of GNO tokens, it is floating over $600,302,699 with a 5% rise in the last 24 hours. 

Gnosis token was one of the early cryptocurrencies to follow an uptrend by the end of 2023. When compared to other cryptocurrencies that started to rise at around the same time, Gnosis is doing a pretty good job in keeping up with the uptrend, despite a few falls. 

4. Pendle (PENDLE)

The next top crypto gainer today is the PENDLE token, a native cryptocurrency of a DeFi protocol Pendle Finance. It is up by more than 5% today and is trading at around $3.23. The token is recording 17% weekly gains and 132% monthly gains. However, it might not keep up its upward price momentum as the trading volume is falling by 5% in the last 24 hours. 

Welcome to the Ondo Ecosystem, @pendle_fi! We’re excited to support Pendle in enabling DeFi participants with yield swaps, leveraging the composability of our tokenized cash equivalents!

Explore the Ondo Ecosystem: https://t.co/baTEYoe9EQ pic.twitter.com/88VXY6uYq6

— Ondo Finance (@OndoFinance) January 29, 2024

Ever since Pendle Finance announced a deal with Coinbase-backed protocol Ondo Finance on Jan 29 this year, the PENDLE token’s price has been rising continuously. Its price went from $2.23 to $2.7 right after the announcements and is still going on a relentless price rally. 

5. dYdX (ethDYDX)

The next noteworthy crypto gainer of today is the dYdX cryptocurrency. Its native token ethDYDX is currently trading at $2.75, with a 2.27% price rise in the last 24 hours. The market capitalization is up by 2.38% and the trading volume rose by 28% since yesterday. 

Even though the market price trend patterns of dYdX have been extremely volatile for the last few months, it still managed to stay in the top gainers list. Additionally, the increase in trading volume shows that the dYdX can keep up its uptrend in the coming days. 

The cryptocurrency market is extremely dynamic and it is difficult to keep up with the latest price trends and top crypto gainers and losers. The present blog post gives an insight into the top crypto gainers of today, along with their market performances. Stay tuned to CoinGape to learn more about the market updates!

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Filed under: News - @ January 1, 1970 12:00 am