Top Crypto Gainers Today, Jan 23 – PENGU, XDC, WLD
Highlights:
- Pudgy Penguins, XDC Network, and Worldcoin emerge as the top crypto gainers today, defying the bearish sentiment.
- PrimeStaking’s user-friendly liquid staking platform has propelled XDC Network.
- Worldcoin rally is fueled by the recent Stargate AI project, which is boosting investor sentiment.
The crypto market exhibits a bearish trend, with the global market cap and 24-hour trading volume dropping to $3.52 trillion and $146 billion, respectively. Despite the setback, the fear and greed index remains at 60, which indicates a greed sentiment.
Bitcoin is facing a downtrend at $102k while Ethereum and other major altcoins follow the trend in the market downturn. Amidst the broad market decline, let’s take a look at the top crypto gainers today, such as Pudgy Penguins, XDC Network, and Worldcoin.
Top Crypto Gainers Today
1. Pudgy Penguins (PENGU)
Pudgy Penguins has emerged as the top crypto gainer today surging by 6.58% to trade at $0.25 in the past 24 hours. PENGU has declined by 27% and 12% on the weekly and monthly charts, respectively. PENGU is down by 50% from its all-time high of $0.5738 in December. In addition, its market cap and trading volume have surged to $1.56 billion and $245 million, respectively.
Panther, a Wisconsin Badgers lead, revealed that Pudgy Penguins could possibly hit a new all-time high soon. He identified several factors that will foster this momentum in the future. The planned release of $ANIME in connection with Azuki’s highly anticipated TGE is expected to contribute to the growth of liquidity in the NFT market. This event may be of interest to NFT holders who may have taken profits recently and could reinvest in $PENGU.
Prediction: Pudgy Penguins new ATH
There are two main reasons I think $PENGU is heading towards a new all-time high in the next couple of weeks.
1) $ANIME launch — the highly anticipated TGE from Azuki is going to put fresh liquidity in the hands of the most likely cohort to… pic.twitter.com/7QFNKGtHUP
— Panther (@PantherQB19) January 22, 2025
In addition, the upcoming Abstract mainnet, a layer-2 Ethereum chain, will bring low cost and high throughput for consumer applications. Holding $PENGU may afford XP rewards connected to the Abstract ecosystem, thus attracting investors. Panther noted that these factors could have a great impact on the price of $PENGU in the coming weeks.
2. XDC Network (XDC)
XDC Network has shown a remarkable rally recently, surging by 45% over the past 30 days. As of this writing, XDC is trading at $0.123, surging by 4.40% in the past 24 hours. The bullish momentum has elevated its market cap and trading volume to $1.84 billion and $64.7 million, respectively.
Prime Numbers Labs has launched PrimeStaking, a Liquid Staking solution on the XDC Network which increases the availability of masternode rewards. This innovation provides the opportunity for XDC holders to stake their tokens and earn rewards with no advanced technical expertise or large amounts of capital.
Featured on @Cointelegraph! 🏆
PrimeStaking is our Liquid Staking solution on the @XDC_Network_ that aims to enable every $XDC holder to stake their assets, earn rewards, and actively engage in the network’s ecosystem.https://t.co/ocuiT7IYnY
— Prime Numbers Labs (@PrimeNumbersFi) January 20, 2025
XDC Vault allows users to stake assets without any requirements of masternode. Staked XDC generates rewards, and users mint pstXDC tokens at a 1:1 ratio for use in DeFi protocols. All transactions are on the chain; audited smart contracts keep the platform transparent. Prime Numbers Labs manages the technical processes, offering a secure and simple staking experience to a large number of users.
3. Worldcoin (WLD)
Worldcoin, the native token of the decentralized identity verification project, has surged 2.37%, becoming the third crypto gainer today in the past 24 hours. As of press time, WLD is trading at $2.18 with a market cap of $2.03 billion. Moreover, the bullish momentum has pushed its trading volume to $826 million.
Worldcoin’s rally follows an announcement of a U.S.-based AI infrastructure initiative led by President Donald Trump. Stargate plans to contribute $500 billion to AI research over the next four years.
Trump announces $500 billion AI "Project Stargate" with $WLD founder @sama. https://t.co/9dB8iU4zdp
— ElonTrades (@ElonTrades) January 21, 2025
OpenAI will oversee operations, and the funds will be used to develop data centers in Texas. Some of the biggest private investors include OpenAI, Oracle, and Softbank. This joint venture will focus on enhancing AI-related products and services to enhance cooperation between the leading companies in the tech market.
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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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