Join Our Telegram channel to stay up to date on breaking news coverage
The year 2023 seems to be off to a slow start for the cryptocurrency industry because although there are minor gains, the overall global market capitalization remains below $810 billion on Monday, December 2, 2022. Bitcoin (BTC) and Ethereum (ETH) prices continue to dwell within the $16,000 and $1,200 ranges respectively, while other altcoins recorded small but significant gains. The TWT and SOL tokens emerged as the biggest cryto gainers today, with up-and-coming projects such as FGHT, D2T, RIA, and TARO recording stunning milestones in their presale stages.
Biggest Crypto Gainers Today
Trust Wallet Token (TWT)
Trust Wallet Token passes as one of the biggest crypto gainers today. It is a utility token that serves to incentivize all Trust Wallet users with the goal of making cryptocurrencies more accessible. Through the distribution of TWT, project managers have been able to spread awareness while giving everyone a chance to own their very first crypto.
As TWT was minted and distributed for free, the price of the token hinges upon the users who trade them on exchanges. Accordingly, token holders choose its inherent value. At the time of writing, the TWT price is $1.47, after gaining 3.64% in the last 24 hours.
TWT/USD Daily Chart
TWT price is currently fighting resistance from the 50-day Simple Moving Average (SMA) as bulls battle to increase the TWT price. If they can crack this resistance and flip it to support, then they may be able to raise the TWT price to target the next barrier at $1.63. If they increase their buying pressure, the next resistance would be the $1.77 level, which would set them on a path for a run to hit the local high at $2.6.
This optimistic outlook for the Trust Wallet Token price was validated by the relative strength index (RSI) and moving average convergence divergence (MACD) indicator which were tipping upwards, suggesting that more buyers are entering the TWT market with an aim to push its value higher
On the flip side, failure to turn up from the current levels would lead to a rejection that may see TWT price lose the support at $1.24 embraced by the 200-day SMA. Such an outcome may lead TWT price to the local low of $1.23.
Solana (SOL)
Solana was one of the most impacted projects following the FTX debacle in November last year. Today, however, the SOL price is trading with a bullish bias at $11.12 after four days of flashing green.
SOL/USD Daily Chart
The price is currently facing a key barrier offered by the 50-day SMA. If bulls manage to flip this resistance into support, it would provide a jumping-off point for them to target the next barrier offered by the 100-day and in overly ambitious cases, the 200-day SMA.
If the bulls are unable to beat this resistance, then the bears may take over, sending SOL price down to the floor at $7.9.
The RSI indicator is moving in the oversold region while and MACD indicator is still flat in the negative, a sign of the ongoing battle between bulls and bears.
FightOut (FGHT)
FightOut is a newly introduced Move-to-Earn (M2E) fitness app that is certainly taking the market by storm and capturing the attention of investors from the word go! From inception, the project has maintained a strong trajectory, raising millions of dollars through its presale.
The FightOut ecosystem has set itself apart from other players in the M2E apps space for a wide range of reasons, including the fact that it tracks all kinds of fitness activities. Among the best things about FightOut is that there is no need for a player to spend large amounts on non-fungible tokens (NFTs). More importantly, the project rewards participants for living a healthy lifestyle as opposed to engaging in boring activities such as walking.
Dash 2Trade (D2T)
Dash 2 Trade is a top-tier cryptocurrency analytics and trading platform that was established to help investors and traders in achieving the best trading decisions.
To do this, Dash 2 Trade leverages several powerful features such as strategy testing, social sentiment analysis, API trading, social indicators, and many others.
The project also presents an innovative dashboard, which is open to the public so that they can enjoy all the robust features available on the app. For premium features, however, a player will have to purchase a subscription as enabled by his or her D2T tokens.
The Dash 2 Trade presale is fast approaching its end soon, which means now is the ideal time so hurry and get yours today!
Calvaria (RIA)
Calvaria is an amazing Play-to-Earn NFT-based crypto card game newly introduced. Based on its design, the project will most certainly achieve mass adoption so much, so that it could even dethrone the likes of Gods Unchained and Splinterlands.
The Calvaria game comes in two versions, a premium and a free one. A player earns tokens and NFTs in the premium version, while in the free version, however, there is no need for cryptocurrency, which is excellent as in that way players have the opportunity to experience Web3 and eventually upgrade to the premium version.
Having completed four presales so far, Calvaria has now reached its final stretch, so you should probably grab yours before the chunk of RIA allocated for the presale is gone.
RobotEra TARO)
RobotEra has amassed a colossal amount of attention all thanks to its innovative peer-to-peer (P2P) gaming options. Other top sellers for the project include multiple options for optimizing and its innovative gameplay.
At its core, RobotEra is a sandbox-themed world wherein robots help the player construct cities and planets, while also being able to host different kinds of events and games on the land.
The most desirable element about RobotEra is the simplicity of its tools, such that you do not need to have any programming experience for you to make your robotic friends. Notably, these robots are also NFTs, expertly and uniquely customizable and available for trading right from within the game.
Read More On Biggest Crypto Gainers Today:
FightOut (FGHT) – Newest Move to Earn Project
- CertiK audited & CoinSniper KYC Verified
- Early Stage Presale Live Now
- Earn Free Crypto & Meet Fitness Goals
- LBank Labs Project
- Partnered with Transak, Block Media
- Staking Rewards & Bonuses
Join Our Telegram channel to stay up to date on breaking news coverage
Source: https://insidebitcoins.com/news/biggest-crypto-gainers-today-december-31-twt-sol-fght-d2t-ria-taro