Osmosis, Celestia, Kaspa lead cryptocurrency gains
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Osmosis, Celestia and Kaspa were the top cryptocurrencies on January 5 with gains ranging from 8% to 12%.
Topping the CoinMarketCap rankings is Osmosis (OSMO), a token that acts as a decentralized exchange (DEX) in the Cosmos ecosystem, connecting sovereign blockchains via the Inter-Blockchain Communication Protocol (IBC) . Data shows that the real-time price is $1.80 and the 24-hour trading volume is $138 million.
The latest update showed a 12.4% increase in the past 24 hours. Osmosis continues to generate interest from the community, with the token’s monthly trading volume reaching $1.1 billion in December, according to statistics Diffie sheep data.
Celestia (TIA) is the second-ranked modular blockchain network. As of the latest update, Celestia’s real-time price is $16.07, with a 24-hour trading volume of $831 million, an increase of 11.8% in the past 24 hours and a 26.1% increase in the past seven days.
The token’s price has continued to soar thanks to airdrops since the launch of the mainnet beta in October, when more than 580,000 users received TIA.
Kaspa (KAS), a proof-of-work (PoW) cryptocurrency that implements the GHOSTDAG protocol, ranks third on the leaderboard.
Reporting an 8.1% rise to $0.113, the recent spike was attributed to recent posts from cryptocurrency industry experts Leiner and Simo, who suggested that the project may be ready for another significant rise.
