Top Performing Cryptocurrency Gainers and Losers in 24 Hours

·

Navigating the dynamic cryptocurrency market requires up-to-date information on which digital assets are gaining or losing value rapidly. This analysis provides a clear overview of the top performers and decliners over the past 24 hours, offering valuable insights for market participants.

Understanding Market Movers

Significant price movements in cryptocurrencies can be driven by various factors, including major project announcements, shifts in market sentiment, technological upgrades, or broader macroeconomic trends. Tracking these daily gainers and losers is a common practice for traders and analysts aiming to spot potential opportunities or understand market dynamics.

It is crucial to remember that past performance is not indicative of future results. Extreme volatility can present opportunities but also carries substantial risk. Always conduct thorough research (DYOR) before making any investment decision.

Top 100 Cryptocurrency Gainers (24h)

The following tokens have experienced the most substantial price increases in the last day. This list is curated based on percentage price change.

This trend continued across numerous tokens, including Hundred Finance (HND), Invictus (IN), and Peerplays (PPY), all posting gains above 150%. Notably, established tokens like Ethereum Name Service (ENS) and Internet Computer (ICP) also appeared on the list with significant increases of 78.99% and 55.23%, respectively.

Top 100 Cryptocurrency Losers (24h)

Conversely, these assets have faced the most considerable price declines during the same period.

Other notable tokens experiencing downward pressure included LooksRare (LOOKS), Goldfinch (GFI), and Gitcoin (GTC), all declining over 40%. This list highlights the inherent volatility and risk within the crypto asset space.

How to Interpret This Data

Analyzing top gainers and losers is more than just looking at percentages. Consider these factors:

For those looking to dive deeper into real-time analysis and market metrics, explore more advanced tracking tools.

Frequently Asked Questions (FAQ)

What does "24h change" mean?
The 24h change represents the percentage increase or decrease in a cryptocurrency's price over the past 24-hour period, based on data from tracked exchanges.

Why do some coins show a 99999.99% increase?
An extremely high percentage gain like this typically occurs when a token is relaunched, re-listed on a major exchange, or its price was virtually zero before a sudden, massive buy-up, making the percentage change mathematically enormous.

Is investing in the top gainers a good strategy?
Not necessarily. Buying into assets that have already surged dramatically is highly risky and often referred to as "chasing green candles." It can lead to buying at the peak before a price correction. A more balanced approach is recommended.

How often are these lists updated?
This list provides a snapshot in time. Cryptocurrency prices are volatile and change by the second. For live updates, you must consult a live market data platform.

What is the difference between a coin and a token?
Generally, a "coin" like Bitcoin operates on its own native blockchain. A "token" is built on top of an existing blockchain, like many ERC-20 tokens on Ethereum. The terms are often used interchangeably.

Should I only be concerned with the price change?
No. While price is important, it's critical to assess other metrics like market capitalization, circulating supply, trading volume, and the project's underlying technology and team.