Highlights:
- Kaspa, Bitcoin Cash and Story Protocol emerge as the top crypto gainers today.
- The upside breakout of Kaspa supports a further move to resistance at $0.092 in case volume remains steady.
- Bitcoin Cash is climbing inside a strong ascending channel, with $598 in sight if bulls keep control.
The total cryptocurrency market capitalization has increased by $30 billion during the last 24 hours and now stands at $3.31 trillion. The stabilization of global financial markets has significantly contributed to this increase, positively influencing the prices. Whereas several tokens have shown mild gains, some have been at the forefront to emerge as the best-performing tokens today. In the section below, we will discuss the top crypto gainers today, such as Kaspa, Bitcoin Cash and Story Protocol.
Top Crypto Gainers Today
1. Kaspa (KAS)
Kaspa has surged by 8.60% to trade at $0.07960, emerging as the top crypto gainer today. This new strength has added more weight to the weekly gains, to more than 12%, despite it being down by 24% on the monthly chart. In addition, its trading volume has gained 40% elevating the value to $130 million.

The recent trendline breakout of Kaspa is overcoming a declining wedge between the support trendline. This is interrelated with the closing prices on May 31 and June 22. The price action is aiming at the short-term resistance at the level of 0.092, marked by the high of June 11. A daily close above this would target the highest closing price of June, which was around $0.094.

In addition, the MACD indicator shows the crossover of the MACD and signal lines. Consequently, this signals a trend reversal. The RSI stands at 49, edging closer to the halfway line, which means that selling power is decreasing gradually. However, failure to overcome $0.092 may bring KAS back to the downward resistance trendline, at around $0.070.
2. Bitcoin Cash (BCH)
On the 24-hour chart, Bitcoin Cash gained 5.20%, moving up to a high of $503 after trading at a low of $476. The price rejected the $495 barrier multiple times, slipping to $480 before stabilizing again. With the price now sitting around $502, BCH is up 8% and 20% on the weekly and monthly charts, respectively.

Bitcoin Cash is now trending upwards, forming a clear ascending channel on the daily chart. Its price is powerfully anchored above the mark of $400, which has been the significant point of support on various occasions. The second top crypto gainer today is currently trading at approximately the level of $500, where the first resistance was noted. Should the price surpass this level, then it may attempt to move to the next resistance around 598.

A minor correction can be seen in the middle or the lower section of the channel prior to the next upswing. Nevertheless, the trend is generally bullish as long as BCH moves inside the channel, so volume and support levels are worth monitoring.
3. Story Protocol (IP)
Story is progressing its weekly rally as it surges by 2.50% to exchange hands at $3.03. The altcoin bounced off its immediate support around the $2.6 region and currently faces stiff rejection at the $3.4 mark. Moreover, its market capitalization has surged to $880 million despite a 40% decline in its trading volume.

According to recent data provided by blockchain analytics company Lookonchain, the number of IP tokens held by two large whale-sized addresses has significantly grown. Whale 0x9921 amassed 6 million IP tokens worth approximately $17.82 million, and whale 0x9057 grabbed 10 million, a total of $29.7 million.
2 whales have accumulated 16M $IP($47.52M) recently.
Whale 0x9921 accumulated 6M $IP ($17.82M).
Whale 0x9057 accumulated 10M $IP ($29.7M).
Address:https://t.co/RUC70fNHPqhttps://t.co/twlDJIAIf0 pic.twitter.com/UuqomX0v7P
— Lookonchain (@lookonchain) June 23, 2025
These purchases, which collectively total 16 million IP tokens, are equivalent to around $47.52 million made in the past few days. The recent whale action, combined with the recent rally in price, highlights the strategy of buying on dips. In addition, it suggests that IP may be gearing up for further growth.
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