Best Crypto Gainers Today, December 5 – JasmyCoin, The Sandbox, Gala
Highlights:
- Bitcoin soars above $100k, boosting the overall crypto market cap to $3.69 trillion.
- The Sandbox, JasmyCoin and Gala lead as the best crypto gainers with substantial surges.
- Significant partnerships and bullish patterns signal potential further growth for this coins.
The crypto market has continued to boom since Donald Trump’s victory in the U.S. presidential elections. The leading asset, Bitcoin, has fueled bullish momentum in the broad market after breaking the stiff rejection around the $98k region. BTC has breached the $100k level, trading around $102,700, up by 6% in the past 24 hours.
In addition, Bitcoin’s bullish momentum has been evident in the broader market as the overall market cap soars to new heights at $3.69 trillion. Moreover, the 24-hour trading volume has surged by 20% to $358, indicating an increased market activity.
As the broad market displays a bullish sentiment, here is a look at the best crypto gainers today, December 5: The Sandbox (SAND), JasmyCoin (JASMY), and Gala (GALA).
Best Crypto Gainers Today
1. JasmyCoin (JASMY)
JASMY, often dubbed “Japan’s Bitcoin,” has shown a remarkable rally emerging as the best crypto gainer today, surging by 27% in the past 24 hours. The altcoin has surged by 90% and 180% on the weekly and monthly charts as the price inches the $0.05 mark. Currently, JASMY is trading at $0.051 with a market cap and trading volume of $2.40B and $948M, respectively.
Crypto analyst Javon Marks has noted that JASMY is forming a bullish rounding bottom reversal pattern in its price movement. Jasmy has huge growth potential that he predicts will see its price grow by over 621%, hitting $0.2785.
Off of the retest, $JASMY (JasmyCoin) begins another scaling of price and this time around, in a much more powerful market, this scaling can be COLOSSAL 🌋!
Next stop, and perhaps far from the final, can be over 621% away at $0.2785.
It's coming… https://t.co/G2iD1HFVrC pic.twitter.com/rNCdYPm8go
— JAVON⚡️MARKS (@JavonTM1) December 3, 2024
2. The Sandbox (SAND)
The Sandbox has stolen the spotlight of the crypto market surging by 13% in the past 24 hours. The SAND’s price soared by over 230% in November, pushing the altcoin to a 28-month high. As of press time, SAND is trading slightly below the $1 key resistance level at $0.9272. Furthermore, the trading volume has seen an impressive gain, surging by 110% at $3.96 billion, indicating increased trading activity.
Recently, The Sandbox partnered with ONE Championship, known for producing mixed martial arts meets, to introduce martial arts to the metaverse. ONE Fight Arena will combine with a new Web3-enabled mobile game. With a roster of elite martial artists and features from ONE’s long intellectual property library, this game is set to debut in 2025.
You can learn more about this exciting partnership on our Medium, including the official dates and the upcoming avatar collection! 🥋🌐https://t.co/TM8Z94ZCiz
— The Sandbox (@TheSandboxGame) December 4, 2024
Additionally, the collaboration will unveil the first-ever ONE Championship Avatar Collection next year. The limited collection will deliver real-world utility and compatibility with ONE Fight Arena. This is a major milestone for Web3 gaming fans, anticipating more features in this interoperable ecosystem.
3. Gala (GALA)
Gala, another blockchain gaming ecosystem, has displayed robust bullish momentum, surging by 220% over the past month. As of press time, Gala is up by 6%, trading at $0.0591. In addition, the bullish momentum has soared the trading volume by 80% to $1.43 billion and the market cap above the $2.1 billion mark.
Crypto analyst 21st Century Crypto has noted that GALA is on a significant rise right now. The next substantial resistance is $0.08 for GALA and it could be a hard one to overcome.
$GALA Pumping hard as expected. The next macro resistance is at 0,08. It could take some time to break it though.. But as soon as it breaks, and it will.. the next macro BIG target will be the 50 cent/60 cent. And even that won't be the end of it, #GALA will much higher then… pic.twitter.com/dYgK51F9bF
— 21st Century Crypto (@21centurycrypto) December 4, 2024
However, once breached, the price could well rise to $0.50 to $0.60. In addition, the analyst states that even these figures are not the first peak of GALA and expect further growth.
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Raymond Munene
Raymond Munene is a crypto content writer who contributes to Crypto2Community. With over three years of experience, he is interested in Bitcoin, Blockchain, and Technical Analysis. Focusing on daily market analysis, his research helps traders and investors alike. His particular interest in cryptocurrency and blockchain aids his audience.
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