Key facts: The highlighted cryptocurrencies are a memecoin, network utility tokens and DeFi platforms. Strong intraday movements characterize good prospects for bull markets. Binance is a popular exchange that, today, has just over 350 cryptocurrencies available for investing or trading. A cryptocurrency listed on Binance is generally considered to be expertly screened and possess credibility, resulting in a good altcoin prospect. So much so that the market mutates the mentality of many traders, making them develop natural sensors that motivate them to detect when a certain cryptocurrency will be listed on the exchange, basing their market entry and exit strategy on that event. Cryptocurrencies already listed on the exchange and that have been there for some time, for their part, are subject to greater exposure and demand than the rest, which is why their price and capitalization movements can grow exponentially. You should not take the information presented below as an immediate purchase recommendation. On the contrary, it is more useful to interpret it as a set of signals that would help to: Predict which cryptocurrencies could have a parabolic movement in favorable conditions of market. Search for an entry into the crypto asset, either by waiting for a reasonable price or by placing a buy order on important supports, everything with good risk management.
Below, the winners or “top gainers” on Binance during the last 24 hours. If you do not have a Binance account and want to trade this or other cryptocurrencies, go to the following link.
Mantra (OM)
The cryptocurrency with the greatest appreciation during the last 24 hours is Mantra (OM), the cryptocurrency of Mantrachain, a first-layer mainnet based on Cosmos technology and designed to facilitate regulations and compliance with “real-world regulatory requirements.” ”. This cryptocurrency has risen more than 50% in the last 24 hours, from 0.4 cents to 0.65.
Market capitalization: USD 507.54M.
Circulating supply: 793.991.274 OM
Total supply: 888.888.888 OM
Date of issue: 2020-08-17
All-time high: USD 0.87 (2021)
OM is categorized by Binance as a volatile coin. Source: Binance
Go to the OM spot trading window on Binance
Ethernity Chain (ERN)
The second cryptocurrency with the greatest appreciation during the last 24 hours is ERN, the Ethernity Chain cryptocurrency. This is a project that produces a limited issue of NFTs and cards created by artists or “endorsed” by important figures. According to Ethernity, their project “aims to build the most exclusive NFT library and reward its creators and the community.” This cryptocurrency has risen around 30% in the last 24 hours, from USD 5.36 to almost USD 8.
Market capitalization: USD 148.20M
Circulating supply: 20,490,807 ERN
Total supply: 30,000,000 ERN
Date of issue: 2021-03-07
All-time high: USD 74.12 (2021)
ERN is an NFT platform. Source: Binance
Go to the ERN spot trading window on Binance
Dogwifhat (WIF)
The third cryptocurrency with the highest appreciation during the last 24 hours is Dogwifhat (WIF), a meme cryptocurrency of a dog with a hat on the Solana network. This cryptocurrency has risen around 30% in the last 24 hours, from USD 2.5 to almost USD 3.2.
Market capitalization: USD 3,134.75
Circulating supply: 998.920.172 WIF
Total supply: 998.920.172 WIF
All-time high: USD 3.52 (2024)
Dogwifhat is a memecoin from the Solana network. Source: Binance
Go to the WIF spot trading window on Binance
Raydium (RAY)
The fourth cryptocurrency with the highest appreciation during the last 24 hours is Raydium (RAY). It is an automated marketplace (AMM) and decentralized exchange (DEX) that runs on the Solana network. It allows you to participate in decentralized finance on the Solana network, being the most important DeFi app in this chain. RAY is up around 30% in the last 24 hours, from $2.25 to almost $2.98.
Market capitalization: USD 739.52M
Circulating supply: 259.208.085 RAY
Total supply: 555,000,000 RAY
Date of issue: 2021-02-20
All-time high: USD 16.93 (2021)
Raydium is Solana's most important DEX. Source: Binance
Go to the RAY spot trading window on Binance
Clover Finance (CLV)
The fifth cryptocurrency with the highest appreciation on Binance during the last 24 hours is Clover Finance (CLV). It is a platform “focused on cross-chain compatibility” that allows you to develop and join DeFi dApps between the Ethereum and Polkadot networks. CLV has risen just under 30% in the last 24 hours, from USD 0.101 to USD 0.127.
Market capitalization: USD 104.63M
Circulating supply: 803,717,460 CLV
Total supply: 1,000,000,000 CLV
Date of issue: 2021-07-14
All-time high: USD 2.16 (2021)
Clover Finance is a DeFi infrastructure platform. Source: Binance
Go to the CLV spot trading window on Binance
Finally, pay attention to the market capitalization and supply of the cryptocurrencies you want to trade. The first determines the growth potential of a cryptocurrency; The higher the market cap, the greater the amount of money invested the currency needs for the price to rise. The lower it is, the less money. Supply, for its part, largely determines price action. A high non-circulating supply means that the supply of the cryptocurrency may be diluted in the future, and its price may drop considerably.