On January 5th, Osmosis, Celestia, and Kaspa emerged as the top gainers in the cryptocurrency market, showing gains between 8% and 12%.
Leading the pack on CoinMarketCap is Osmosis (OSMO), a token that serves as a decentralized exchange (DEX) within the Cosmos ecosystem. It connects sovereign blockchains using the Inter-Blockchain Communication Protocol (IBC). The current live price stands at $1.80 USD, with a 24-hour trading volume of $138 million.
The latest update indicates a 12.4% increase in the past 24 hours for Osmosis. The token has been attracting more interest within the community, reaching $1.1 billion in monthly volume in December as per DefiLlama data.
In the second position is Celestia (TIA), a modular blockchain network. The live price for Celestia is $16.07, with a 24-hour trading volume of $831 million, showcasing an 11.8% increase in the last 24 hours and a 26.1% gain over the past 7 days.
Kaspa (KAS), a proof-of-work (PoW) cryptocurrency utilizing the GHOSTDAG protocol, holds the third spot on the leaderboards. With an 8.1% gain at $0.113, the recent surge is attributed to endorsements from cryptocurrency experts Leiner and Simo, hinting at a potential significant surge for the project.
These top gainers are making waves in the crypto market, with each token experiencing notable increases in value. Stay updated with the latest news and trends in the cryptocurrency world.