After reporting 26% beneficial properties, Bonk falls to the second highest gainer after Helium, in line with a Jan. 9 CoinMarketCap report.
![CoinMarketCap: Helium overtakes Bonk as top gainer - 1](https://crypto.news/app/uploads/2024/01/Screen-Shot-2024-01-09-at-9.56.37-AM-1024x353.png)
In a current replace, Helium (HNT) now takes the primary place within the gainer report. The decentralized blockchain community catering to the Web of Issues (IoT) units has since seen a 27.1% surge within the final 24 hours, alongside a buying and selling quantity of $41 million.
Launched in July 2019, the Helium mainnet empowers low-powered wi-fi units to speak and transmit information seamlessly throughout its community of nodes. The expansion in Helium coincides with rising curiosity in Solana, which has since propelled associated memecoin, Dogwifhat, up 71% on the identical day.
This surge was intently adopted by Bonk (BONK), which presently holds the second-highest gainer on the charts at 25.7%. Bonk skilled a considerable improve of 160% in its each day buying and selling quantity, reaching a powerful $326 million. Notably, a major share of BONK’s buying and selling quantity, 36.2%, originates from Binance, notably with the USDT buying and selling pair. In keeping with an earlier technical evaluation, the worth of BONK could as soon as once more surge, even reclaiming the spot as a prime gainer.
The third spot is Bitcoin SV (BSV), priced at $91.34, marking a notable 19.2% improve during the last 24 hours. The cryptocurrency market is on the verge of great shifts, with anticipation constructing round two key elements.
Firstly, tomorrow’s determination by the SEC to introduce a Bitcoin Spot ETF is producing substantial market consideration. Moreover, the upcoming Bitcoin halving occasion scheduled for late April 2024 contributes to the general pleasure within the cryptocurrency panorama.
Analysts have concluded that not all the things is within the inexperienced, and the market remains to be unstable because the world awaits a call on the spot Bitcoin ETF.