Top Crypto Gainers Today, January 2 – Fartcoin, DeXe, Stellar

Highlights:

• Fartcoin leads today’s crypto gainers with a 43% surge.
• DeXe highlights advances in decentralized governance, boosting its value.
• Stellar nears a crucial breakout point, indicating potential gains.

The crypto market exhibits a bullish sentiment as the overall crypto market cap surges by 4.65% to $3.4 trillion and the 24-hour trading volume climbing to $111 billion indicating a heightened market activity. 

The leading asset, Bitcoin, recorded a gain of 3% at $96,580, with ADA and XRP leading the gains among the top ten coins. As the bullish sentiment prevails, let’s take a look at the top crypto gainers today, such as Fartcoin, DeXe, and Stellar.

Top Crypto Gainers Today

1. Fartcoin (FARTCOIN)

Fartcoin has seen an impressive rally recently surging by 620% in the past month. Today, the memecoin has emerged as the top crypto gainer surging by 43% to trade at $1.43. Additionally, its market cap and trading volume have surged to $1.29 billion and $140 million, respectively.

Crypto analyst Crypto Bull has noted that FARTCOIN made a breakout above its horizontal resistance trend line, jumping by 26% over the last day. This movement coincided with a growing volume, indicating strong momentum in the market. The memecoin is now testing resistance against its all-time high, which implies room for further gains.

#FARTCOIN to ATH✨🔼 https://t.co/EhfmsrGeO1 pic.twitter.com/0Dcj1SKey9

— CryptoBull_360 (@CryptoBull_360) January 2, 2025

Investors should keep an eye on FARTCOIN as a break above this level could spark another significant rally. Furthermore, the analyst has added that could be on the verge of achieving a new all-time high as the price continues to rally high. 

2. DeXe (DEXE)

DeXe is currently exchanging hands at $19.5 up by 29% in the past 24 hours. It has surged by 45% and 85% in the weekly and monthly charts, respectively. In addition, the rally has seen the market cap and trading volume climb to $1.09 billion and $41 million, respectively.

DeXe DAO announced the main steps for the decentralized governance of DeXe Protocol, demonstrating true progress in decentralized governance. Once this protocol launches on Ethereum, more than $1 billion in DEXE tokens will gain new governance capabilities. This will allow for the DAO treasury to flow into the protocol, increasing transparency and control.

🔥The Next Big Steps for DeXe Protocol Are Here!🔥

💥DeXe DAO thoroughly discussed and refined the Strategic coordination of the following steps for DeXe Protocol, and the plan is now in motion! Building on this collective effort, we’re taking bold actions to redefine the future… pic.twitter.com/K6Q9cJiLbK

— DeXe Protocol (@DexeNetwork) January 2, 2025

Furthermore, DeXe dApp V2 will have a simple interface and analytics. GraFunLabs integration promises innovation in memecoin launches. With its strategic progression, DeXe has emerged amongst the top crypto gainers today.

3. Stellar (XLM)

The peer-to-peer network Stellar has surged by 16% in the past 24 hours, elevating the price to $0.43. Despite the monthly bearish setback, XLM has surged by 20% on the weekly chart. Moreover, the market cap and the trading volume have risen to $12.98 billion and $2.78 billion, respectively. 

According to Crypto analyst Javon Marks, Stellar is approaching a crucial breakout point that may signal a bullish trend. A notable upward move followed by a consolidation phase is seen in this setup. This pattern has typically seen the price form lower highs and higher lows as it narrows within a range. It also sees decreased trading volume, which is normal for a wedge to come close to its apex.

$XLM (Stellar) is currently nearing a converging point of a flag/falling-wedge like pattern here and this may spark yet another bullish wave up! pic.twitter.com/HO3UILkozM

— JAVON⚡️MARKS (@JavonTM1) January 1, 2025

These technical characteristics usually follow a strong price movement in continuation of the trend. As Stellar approaches the apex of the wedge, the analyst suggests that it may be in position for another upward wave.