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    Top Companies That Gained in Cryptocurrency Market Today September 1 – IRISnet, Vite, Simon’s Cat, ArcBlock

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    Despite the bearish sentiment that is dominating the cryptocurrency market, as reflected in the Fear and Greed Index at 26, and 88% of cryptocurrencies heading down, there are still bright spots worth mentioning. Among these bright spots are Simon’s Cat, Vite, IRISnet, and ArcBlock, which are showing impressive gains. This article aims to highlight these bright spots. First Winners And help investors identify potential opportunities amidst the challenges currently facing the market.

    Biggest Gainers in Cryptocurrency Market Today – List of Top Coins

    Each of today’s top coins offers distinct advantages. IRISnet’s new partnership with ivendpay, which enables daily transactions using IRIS tokens, has sent its price up 9.63%. Vite uses a directed acyclic graph (DAG) for zero-fee transactions and efficient network performance, contributing to a 5.60% price increase. Simon’s Cat is capitalizing on its popular animated series, sending its price up 5.46% through aggressive marketing. Finally, ArcBlock is simplifying blockchain development and recently updated its payment processor, sending its price up 3.56%.

    1. IRIS Network

    Our first major winner, IRISnet, is a utility protocol and cryptocurrency that launched on March 1, 2019. It provides a blockchain-based network specifically designed for small and medium-sized businesses, offering decentralized solutions that were previously reserved for larger enterprises. Named after the Greek goddess Iris, IRISnet stands out for its hybrid approach. It combines on-chain transactions with off-chain data processing to ensure efficiency and scalability.

    A month ago, IRISnet announced an exciting partnership with ivendpay, a move that greatly expands its utility. This collaboration allows IRIS tokens (ERC20) to be accepted as a payment method for various goods through the crypto payment gateway. This development is a major step forward in making cryptocurrencies more accessible and usable in everyday transactions.

    Over the past 24 hours, IRIS has shown impressive price action, gaining 9.63%. The token is currently priced at $0.016194 and has shown high liquidity with a volume-to-market-cap ratio of 0.2635, indicating strong market interest. The 14-day Relative Strength Index (RSI) is at 42.92, suggesting that the token is neutral and could trade sideways in the near term. With 17 green days out of the last 30, it has performed strongly, although price volatility remains low at 7%.

    However, the long-term outlook for IRISnet is mixed. The token is trading 45.73% below its 200-day simple moving average (SMA), which stands at $0.02882. Also, over the past year, its price has declined by 13%, underperforming 89% of the top 100 crypto assets by market cap. Despite these challenges, the token’s strong recent performance and innovative developments suggest that it may still hold potential for future gains.

    2. Fast (fast)

    Vite has been attracting attention today with its price up 5.60%, reflecting the growing interest in its innovative platform. Built on a directed acyclic graph (DAG) structure, Vite offers zero-fee transactions. The Snapshot Chain enhances speed, reliability, and security, while the Delegated Proof-of-Stake (HDPoS) mechanism ensures the network runs efficiently. Additionally, supernodes earn staking rewards with zero transaction fees, further adding to its appeal.

    The VITE token plays a crucial role in this ecosystem. For example, it is used for both transactions and smart contract execution on the Vite network. Instead of consuming gas, users stake VITE to earn transaction stakes. These stakes can be leased to decentralized applications in exchange for native tokens.

    Fit Price Chart Yes

    In terms of offerings, Vite offers a variety of products. For example, ViteX, a decentralized exchange, supports over 20 digital assets. Additionally, VitePay is a fee-free payment solution already in use at venues like Ce La Vi Sky Bar in Singapore. Furthermore, VitePlus offers blockchain solutions for businesses. A notable example is the SyraCoin pilot, which was developed for the government of Syracuse.

    When looking at its market performance, VITE’s metrics are also impressive. It has high liquidity, with a volume-to-market-cap ratio of 0.6537, ensuring enough market activity to support its price. However, the 14-day RSI is currently at 80.02, suggesting that it may be overbought and could face a price correction soon.

    Despite this, VITE’s long-term outlook remains strong, as it is trading 48.37% above its 200-day simple moving average. Furthermore, over the past year, the price has risen 91%, outpacing 62% of the top 100 crypto assets by market cap.

    3. SHIBASHOOT

    While we examine today’s biggest gainers, let’s quickly explore an exciting investment opportunity currently making news in the market. Shootout with Sheba This new edition of the book is attracting attention thanks to its amazing advance sales, which have already raised over $1 million.

    It is worth noting that this coin features a unique play-to-earn (P2E) game set in a Wild West theme. In this game, players use tokens to control Marshal Sheba and participate in exciting duels. Since the pre-sale is still ongoing, early participants can secure favorable prices before the official launch.

    Additionally, the betting bonuses are particularly attractive. The betting system offers an impressive annual return of 883%, which translates to a return on investment of around 9.9x. Furthermore, betting offers a fixed monthly return of 12%, making it a compelling option for passive income.

    The economic tokens are thoughtfully designed: 35% of Shibashot 20% of this amount is allocated to the pre-sale, while 20% is reserved for staking rewards. Another 20% is allocated to marketing efforts, and 10% to cover development and operating costs. Another 10% is allocated to liquidity. Meanwhile, 5% supports the Rootin’ Tootin’ Shooter Fund, which promotes community engagement.

    With increasing expert interest and low pre-sale liquidity, now is the perfect time to seize this opportunity.

    Visit Shiba Shootout Presale

    4. Simon’s Cat

    Simon’s Cat Token is a catchy combination of nostalgia and innovation. Officially endorsed by the Simon’s Cat brand and fully backed by intellectual property rights, it taps into the immense popularity of the British animated series created by Simon Tofield. With over 20 million followers and 1.6 billion views on YouTube, Simon’s Cat’s widespread appeal is already well established.

    The icon is the brand’s bold entry into Web3, aiming to establish a lasting presence while supporting cat welfare initiatives. The project has pledged to help feed and rescue cats around the world, adding a charitable dimension to its appeal.

    However, the real driving force behind CAT’s recent surge is its aggressive marketing campaign. The coin has seen massive trading volumes – over $700 million in just 72 hours – creating a huge buzz. However, it is important to note that CAT currently lacks any concrete use case, making its price highly speculative. This has raised concerns about the coin’s long-term stability, with a potential pump-and-dump scenario occurring as early investors look to cash out.

    CAT is currently trading at $0.00002284, reflecting a 5.46% increase in the last 24 hours. Launched less than a month ago on August 22, 2024, it has quickly gained traction, supported by its high liquidity. With a volume-to-market-cap ratio of 0.3455, the token shows strong trading activity. It is listed on trusted exchanges such as KuCoin, gate.io, and AscendEX, ensuring it has the necessary liquidity for active trading.

    5. Ark Block (ABT)

    ArcBlock is a blockchain 3.0 platform that makes it easier for developers to develop decentralized applications and custom blockchains. It provides flexible SDKs, code packages, and developer tools, making the process more seamless. With ArcBlock, developers can build enterprise-grade decentralized applications and custom blockchains based on complex business rules. It also allows them to connect to any blockchain to get the results they need.

    ArcBlock aims to remove the barriers that have slowed the adoption of blockchain technology. By simplifying development and making products more accessible, ArcBlock aims to benefit the general public and businesses.

    ABT Price Chart

    ArcBlock recently updated its decentralized payment processor, Payment Kit. The update introduced a new design that improves the user interface and user experience. It also makes the process smoother for both administrators and end users. Along with visual improvements, the update includes functional improvements to ensure a smooth experience on both mobile and desktop platforms.

    In terms of price action, ArcBlock has shown positive performance in the short term. The price of ABT has increased by 3.56% in the last 24 hours, reaching $1.865787. However, liquidity is low, with a volume-to-market-cap ratio of 0.0080. The 14-day RSI is at 46.41, indicating that The biggest winner The stock is currently neutral and may trade sideways. It is worth noting that it has achieved 11 green days over the past 30 days and low volatility of 14%.

    Looking at the long term, ArcBlock is trading 189.47% above its 200-day simple moving average at $0.644543. Impressively, the price has risen 2,266% over the past year, outperforming 97% of the top 100 crypto assets by market cap. This strong performance makes ABT a potential long-term investment.

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