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Best Crypto Gainers Today, May 7 - Siren, Toncoin, Venice Token

Highlights:

  • SIREN leads today’s crypto gainers after reclaiming $1 and moving toward its first major resistance zone.
  • Toncoin extends its rally as traders react to Telegram’s deeper role in the TON network.
  • Venice Token surges as privacy-focused AI infrastructure remains in the market’s focus.

Crypto prices are trending lower on Thursday ahead of the Federal Reserve’s rate decision. Bitcoin has dropped toward $80K, reversing a three-day streak of upward momentum that had led to a broad market decline. Moreover, data from Coinglass shows that liquidations exceeded more than $400 million over the last 24 hours.

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The total market capitalization and trading volume have dropped to $2.69 trillion and $145 billion, respectively. Despite this latest pullback, some tokens have remained resilient, posting gains over the last 24 hours. In the section below, we will discuss the best crypto gainers today, such as Siren, Toncoin, and Venice Token.

Best Crypto Gainers Today

1. SIREN

SIREN has emerged as the best crypto gainer today with a gain of 48% on the daily chart. The memecoin has reached levels last seen in mid-April after reclaiming $1. This bullish momentum has also pushed the weekly and monthly gains to 65% and 80%, respectively. 

SIREN Price Chart: CoinMarketCap

SIREN has reclaimed momentum after a long compression phase on the daily chart. The memecoin is trading near $1.14 while pushing toward the first resistance at $2.26. A clean move above that level, backed by stronger volume, could open a thinner trading zone above current levels.

The next target sits near $3.15, where the previous wick marked a key supply area. However, traders still need confirmation because the price has not closed above $2.26. If buyers hold momentum, the setup points toward $3.15 and possibly $5.00.

2. Toncoin (TON)

Toncoin has extended its recovery for the sixth consecutive day with a surge of 19% over the last 24 hours. As of this writing, TON is exchanging hands at around $2.64 with a market cap of $7 billion. Moreover, its trading volume has exploded by more than 75% to $1.80 billion.

Best Crypto Gainers Today, May 7 - Siren, Toncoin, Venice Token
TON Price Chart: CoinMarketCap

Toncoin’s price surged this week after CEO Pavel Durov outlined a deeper Telegram role in the TON network. Telegram will become the largest validator, replacing the TON Foundation in that position. The shift also opens space for other major validators, while Telegram remains a stabilizing participant.

Meanwhile, traders also reacted to Durov’s MTONGA roadmap, which includes lower fees and stronger Telegram integration. He said TON fees would fall nearly sixfold to 0.00039 TON, or about $0.0005. The ton.org holding page attracted more attention, saying MTONGA now controls the website.

3. Venice Token (VVV)

Venice Token displays an impressive performance today, pushing the price to $12.90. This latest rally follows the ongoing rally, which has seen the token surge by nearly 90% over the last 30 days. Its market cap and trading volume stand at $590 million and $70 million.

Best Crypto Gainers Today, May 7 - Siren, Toncoin, Venice Token
VVV Price Chart: CoinMarketCap

Venice Token has extended its rally as traders focused on rising demand for privacy-focused AI tools. The project sits in a niche where users want AI services that keep prompts away from company servers.

Proponents suggest that Venice’s edge lies in its inference design rather than model ownership. This view has attracted the eyes as more sensitive data is being sent by companies through AI systems. At the same time, regulators have continued to push forward for runtime oversight. With new threats, retention orders, and shadow-AI problems coming to light, privacy-enhancing infrastructure remains in the spotlight.

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