Top 3 Cryptocurrencies Gaining The Most Price On CoinMarketCap Today (December 24th, 2021)
Today, crypto markets have been quite bullish, with Bitcoin and Ethereum seeing significant price gains. While there are a lot of top gainers today on CoinMarketCap, most of the projects listed are money grabs with low-quality websites and whitepapers. Due to the high amount of cryptocurrencies, we handpicked three high-quality projects from CMC’s biggest gainers today that have a good quality website, whitepaper, and vision.
ShibRWD (SRWD) +199%
ShibRWD stands for SHIB-REWARDS, a community-driven meme-coin that aims to promote global financial well-being by empowering the community to control their digital assets and create wealth opportunities.
SHIB-REWARDS is looking to build on the existing Shiba Inu Ecosystem by providing rewards in SHIB. In other words, ShibRWD is a reflection token that gives 4% to holders in the form of SHIB.
Reflection tokens are extremely popular, especially with meme coins, because they provide an incentive for users to hold the token since they will be receiving rewards in a more conventional currency.
At the time of writing, SRWD is trading at $0.0000002702, up over 194% in the past 24 hours. Its self-reported market cap is $1.8 million, with a fully diluted market cap of $270 million.
SRWD’s 24-hour trading volume is a healthy $1.02 million. Since the token is an ERC-20 coin, traders can purchase the crypto on Uniswap.
Playermon (PYM) +247%
Playermon is a Metaverse cryptocurrency initially released last month and built on the Polygon network. As the name suggests, the game is a play on Pokemon, allowing players to collect companions called Playermons and battle other players.
Playermon features a Windows client and an Android app that enables players to access their play-to-earn blockchain-based game. Check out the demo for the game in the YouTube video below:
In addition, Playermon features a minimum viable product of their NFT marketplace, called Radix. Anyone can check out their marketplace by connecting via a MetaMask wallet.
To start playing, users need to purchase at least three Playermons. Looking at their Radix Marketplace, the cheapest Playermons were listed at $52, meaning you would need to invest around $150 to start playing.
At writing, Playermon is trading at $0.08145 with a market cap of $2.1 million. Compared to other projects that have no working product, Playermon’s market cap is highly undervalued at this time.
One interesting statistic regarding Playermon is their 24-hour trading volume which is at a whopping $70 million! However, most of the trading volume comes from a relatively unknown exchange (BitForex), so I would proceed with caution. Currently, Playermon is available to purchase on BitForex, QuickSwap, MEXC, and Sushiswap (Polygon).
Baby Cat Girl (BBYCAT) +430%
Today’s biggest gainer is Baby Cat Girl, a Metaverse crypto dedicated to Anime and Manga projects. BBYCAT is an ERC-20 token with a mobile app that allows users to swap various coins and receive special perks.
The team will feature a Play-to-earn Metaverse game that’s currently in development. The game will enable players to use their original-owner BabyCatGirls to craft new customizable BBYCATGIRLS, customize them, and participate in upcoming contests to earn rewards.
Baby Cat Girl is a community-driven platform that runs similar to a DAO. Proposals are constantly getting voted on, and the team is highly responsive to feedback and aims to adapt to the crypto markets as they evolve.
At the time of writing, BBYCAT is trading at $0.002941, with a relatively low 24-hour trading volume of $53k. Its market cap is $1.1 million, with a fully diluted market cap of $2.9 million.
This cryptocurrency could quickly increase in price, but the low trading volume is quite concerning. Traders should approach with caution. At this time, you can only purchase BBYCAT on Uniswap.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.
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