Cryptocurrency winners: Osmosis, Celestia, and Kaspa surge in gains.
Osmosis, Celestia, and Kaspa have emerged as the top gainers in the world of cryptocurrencies on January 5th.
Leading the way is Osmosis (OSMO), a token that operates as a decentralized exchange (DEX) within the Cosmos ecosystem. It connects independent blockchains through the Inter-Blockchain Communication Protocol (IBC). At present, the live price of Osmosis is $1.80 USD, with a 24-hour trading volume of $138 million.
Celestia (TIA), a modular blockchain network, takes the second spot. The current live price of Celestia is $16.07, and the 24-hour trading volume stands at $831 million. This represents an 11.8% increase over the past 24 hours and a 26.1% gain in the last 7 days.
Kaspa (KAS), a proof-of-work (PoW) cryptocurrency that implements the GHOSTDAG protocol, holds the third position on the leaderboard. It has seen an 8.1% gain, with its price reaching $0.113. This recent surge is attributed to posts by industry experts Leiner and Simo, who suggest that the project may be primed for another significant surge.
These cryptocurrencies have caught the attention of investors and the wider community, resulting in substantial gains. Osmosis saw a monthly volume of $1.1 billion in December based on DefiLlama data. Celestia’s price has been on the rise due to its airdrops, which began after its mainnet beta launch in October and have reached over 580,000 users. As for Kaspa, expert opinions have fueled speculation about its potential for growth.
The crypto market is constantly evolving, and these top gainers are worth keeping an eye on.