Top Crypto Gainers Today, January 9 – Neo, Kaspa, Maker

Highlights:

• Neo leads the top crypto gainers’ list, boosted by its AI game “Escape the Matrix”
• Kaspa shows bullish potential, supported by a double-bottom pattern and rising accumulation trends.
• Maker rallies backed by record-breaking MakerDAO revenue and solid DeFi market activity.

The crypto market continues to display a bearish sentiment as the global crypto market drops by 1.95% to $3.28 trillion. The 24-hour trading volume also took a hit, declining by 11% to $162 billion, solidifying the bearish outlook. However, the fear and greed index has dropped to 49, indicating a neutral market sentiment. 

The bearish sentiment has dropped the leading asset, Bitcoin, to the $93k region while most altcoins trade in the red. Despite the broad market decline, here is a look at the top crypto gainers today, such as Neo, Kapsa, and Maker.

Top Crypto Gainers Today

1. Neo (NEO)

Neo has displayed an impressive rally today, surging by 6.14% and pushing the price to $15.05. The altcoin has gained over 3% on the weekly chart despite the monthly drop of 13%. Following the robust bullish momentum, the market cap and trading volume have surged to $1.06 billion and $80.39 million, respectively.

Neo recently announced the launch of an innovative AI game, “Escape the Matrix,” on its EVM sidechain, Neo X. The competition starts at 12:00 pm (UTC) on Jan. 9 to Jan. 14. Players will try to outsmart the AI in order to win a share of the $30,000 prize pool. The game involves three stages: Defeat Agent Smith, consult Morpheus, and confront the Oracle. Players will discover puzzles, verify several layers of encryption, and beat out automated challenges to be successful.

Neo is launching its first experimental AI Agent product on Neo X at 12 PM UTC, Jan 9, 2025. 🚀

"Escape the Matrix" explores the potential of multi-AI Agent interactions, featuring puzzle-solving game mechanics, AI-assisted multi-layer encryption verification, automated tasks,… pic.twitter.com/erSXUffSs2

— Neo Smart Economy (@Neo_Blockchain) January 6, 2025

GAS is also used for participation, whereby spending GAS tokens on Neo X MainNet begins from 0.1 GAS per interaction. The fees rise progressively with the amount of usage the user has with the AI Agent.

More GAS is spent as the final prize pool grows. 80% goes to the highest player, and 20% goes towards Freysa.eth’s AI projects. If no one is the winner, the funds will be shared according to the GAS contributions. Neo’s game turned out to be exciting to the blockchain space making the altcoin emerge as the top crypto gainer today.

2. Kaspa (KAS)

Kaspa is currently exchanging hands at $0.115 up by 3.88% in the past 24 hours. KAS has been trading on a descending channel on the weekly and monthly charts, declining by 7% and 30% on the weekly and monthly charts, respectively. Moreover, its market cap has surged to $2.90 billion despite a drop in its trading volume.

According to crypto analyst Rose Premium Signals, a double bottom pattern has been observed on KASPA, signaling potential bullish momentum. The support at $0.09868 is holding firm. This setup offers a promising opportunity for upward movement toward key resistance levels.

💰 #KASPA $KAS

KASPA is showing a strong double bottom formation, with significant support at $0.09868, offering a great long opportunity 🧐

This pattern indicates potential bullish momentum building up for the next leg higher 📈

🎯 Target: $0.28743

With a solid base and… pic.twitter.com/wotQiGqAaO

— Rose Premium Signals 🌹 (@VipRoseTr) January 7, 2025

The analyst predicts $0.28743 as its target following the rising accumulation which strengthens its base. Should the momentum hold, KASPA could continue to rally. Investors should closely watch for the next breakout as technical signals are lining up.

3. Maker (MKR)

Maker has emerged as the third top crypto gainer today, surging by 2.78% in the past 24 hours to trade at $1,493. Despite the latest bullish comeback, Maker has been trading in a bearish territory on the weekly and monthly charts, declining by 3% and 23%, respectively. Its market cap and trading volume stand at $1.33 billion and $95.36 million, respectively. 

In December, MakerDAO reached record results of $39.5 million in fees and $26 million in revenue. These are the platform’s best figures to date. The rise highlighted its growing market activity following the strong financial results. With consistent growth, MakerDAO solidifies its position as a key player in the decentralized finance world.

In December, MakerDAO reported record fees and revenue, generating $39.5 million in fees and collecting $26 million in revenue pic.twitter.com/KlKGmxvOrn

— unfolded. (@cryptounfolded) January 8, 2025