5 Top Crypto Gainers From The Last 24 Hours

Top Crypto Gainers Today, October 18 2022

✍️ 18 October, 2022 - 10:52 👤 Editor: Jakub Motyka

The crypto space is recovering slightly, with most tokens on the green. In general, the ongoing crypto winter has forced most tokens to trade in a consolidation. Even in this situation, there are some crypto gainers registering good amounts of up percentages in the last 24 hours.

Also, if you are looking for more long-term gainers from the crypto market right now, take a look here: This Crypto Is Up 199% In The Last 7 Days.

Nonetheless, it remains to be seen whether the current bullish sentiment will be sustainable. Below are the top gainers among cryptos during the last 24 hours.

Ankr (ANKR)

The Ankr (ANKR) liquid staking token is up 25.63% in the past day, currently trading at $0.03452. Notably, the digital asset has tuned in 19% in the past week alone.

According to its website, Ankr describes itself as ‘the fastest, most reliable web3 infrastructure.’ The platform is a distributed computing network.

Ankr leverages idle computing power in data centers for blockchain developer solutions. One of the reasons behind Ankr’s gains is in the fundamentals. The blockchain recently became the first remote procedure call provider to Aptos.  

Huobi Token (HT)

The Huobi Token (HT) exchange utility token is up 13.07%, exchanging for 7.77 USD. HT has doubled gains in just a week since trading at $4.1 on October 10.

Although the reason behind the rosy gains is unclear, the pump comes after Tron’s founder Justin Sun joined the exchange. Sun is now an advisor to the Huobi Global.

Maker (MKR)

Third on the list is the Maker's native token, which has registered 8.17% increase in the past 24 hours. At press time, MKR was trading at $1,083.

The surge comes following a heightened MakerDAO whale activities. The protocol has topped as the most used smart contract among the Ethereum whales in the past day.

Curve DAO Token (CRV)

Curve is a decentralized exchange of stablecoins. The DAO uses an automated market maker system to manage liquidity.

In the last 24 hours, the native token, CRV, has increased 8.16% to $0.8928. Likewise, the DeFi token’s volumes are up 121% in the past day at $75 million. Curve DAO’s market capitalization has also jumped 9% to $478 million in the same period.

Lido DAO (LDO)

Last on the top 5 crypto gainers is the native crypto to Lido DAO (LDO). The digital asset has rallied 8.09% to trade at $1.51.

Specifically, Lido is a liquid staking solution based on Ethereum. The platform lets users stake ETH with no minimum deposit. The network is currently on an extensive expansion. It launched on the layer-2 networks, Arbitrum and Optimism, at the start of the month.

The bullish momentum could also be related to an increase in staking rewards allocation in Lido. In October, the staking network expanded its monthly rewards allocation to 150,000 LDO tokens.

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Jared Kirui
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