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In the global cryptocurrency market that is suffering a 5.32% decline in total market cap over the past 24 hours, investors are eagerly looking for tokens that defy the decline. Biggest Gainers in Cryptocurrencies These tokens stand out, seeing significant gains despite the broader market downturn. This article will explore these tokens, analyze the factors fueling their growth, and uncover the investment opportunities they present.
Biggest Gainers in Cryptocurrency Market Today – List of Top Coins
While the market is facing a slowdown, some tokens are notably breaking through the clutter. Streamr leads the charge with a staggering 14.70% surge, driven by its advanced data platform. Meanwhile, Ultima is closely following, surging 11.21% thanks to its innovative ecosystem and the launch of its new ULTIMA series. Additionally, Helium Mobile boasts an impressive 10.10% surge, deftly integrating blockchain technology with mobile services. Finally, 1inch Network, despite its modest 2.50% gain, remains notable for its efficient trading and low fees.
1. Streamer (data)
Among the biggest gainers in the cryptocurrency market today, Streamr stands out with a staggering 14.70% surge in the last 24 hours. This impressive performance puts it at the forefront of the cryptocurrencies we will discuss. Streamr is currently priced at $0.038742 and has attracted significant attention due to its high liquidity, boasting a volume to market cap ratio of 1.0783. This ensures ample trading opportunities for investors.
Streamr operates as a decentralized platform that enables the data economy. Its off-chain network, which competes with similar services like IOTA, provides a distinct advantage by reducing the risk of scaling and bandwidth issues. Furthermore, its foundation on Ethereum adds to its reliability, as all payment data is securely recorded on the blockchain.
In the short term, Streamr’s 14-day RSI at 57.70 indicates a neutral stance, with sideways trading possible. Additionally, with 15 green days out of the last 30, the token’s performance has been stable, with its 30-day volatility at a manageable 16%.
✔️ Censorship-resistant post/subscription messages
✔️ Multi-layer DHT peer coordination and routing
✔️ Tamper-resistant data through data signing and message sequencing
✔️ Control access to configurable smart contracts
✔️ End-to-end encryption
✔️ Decentralized encryption key storage
✔️ Flow splitting… pic.twitter.com/4OqgUaXUi7— Streamr Network (@streamr) September 2, 2024
However, it is worth noting that Streamr is currently trading 13.08% below its 200-day simple moving average at $0.048356, indicating a potential recovery area. However, its price has risen 95% over the past year, outperforming 66% of the top 100 crypto assets by market cap.
For investors, Streamr’s short-term gains offer the potential for quick profits, while its 95% annual growth appeals to those with a hold-and-grow strategy. The project’s focus on decentralized data economies makes it attractive to future Web 3.0 investors. Streamr is suitable for both active traders seeking immediate returns and long-term investors looking to capitalize on future technology.
2. last (last)
Ultima ranks as the second most profitable cryptocurrency on our list today, and it is part of a comprehensive crypto ecosystem centered around the ULTIMA token. This ecosystem offers a variety of innovative products, including advanced crypto wallets and a unique crypto debit card. Additionally, it features a crowdfunding platform and its own marketplace, all aimed at improving the user experience in the crypto space.
Ultima secures its ecosystem through a robust, multi-layered approach. It relies on blockchain technology to create a tamper-proof ledger and uses secure wallets with two-factor authentication (2FA) to prevent unauthorized access. Smart contracts automate agreements, reducing the risk of fraud. Additionally, regular security audits and updates by a dedicated team ensure the system remains secure.
The recent price surge, with ULTIMA now at $7,044.79 after rising 11.21% in the last 24 hours, may be linked to the introduction of the ULTIMA pool. This new liquidity pool features ULTIMA token freezing technology, making it easier for users to claim and receive rewards. The ease of freezing tokens and the possibility of earning rewards has likely driven increased interest in the token.
🤑 Join #the next Billiards and start splitting 3.0
🔹 We offer the ULTIMA Collection – an innovative liquidity collection featuring ULTIMA token freezing technology in Smart Wallet! Now it’s easier to claim and receive rewards!
How to start dividing in… pic.twitter.com/FlG1fe0pXC
— Ultima_Ecosystem (@UltimaEcosystem) August 21, 2024
Despite this surge, the 14-day RSI is at 78.96, suggesting that ULTIMA may be overbought and could see a price correction soon. However, the project’s performance remains strong, with 15 green days in the last 30, reflecting a balanced sentiment among traders. Moreover, ULTIMA’s 30-day volatility is relatively low at 9%, indicating stable trading conditions.
3. Crypto Stars (STARS)
Meme coins are currently in a long-term downturn, but Crypto Stars This project is achieving great success thanks to its innovative approach. Having raised over $960,000 in just three weeks, this project has attracted a lot of interest from investors.
Crypto All-Stars offers an innovative unified deposit platform called MemeVault. This platform allows investors to deposit leading meme coins – Dogecoin ($DOGE), Shiba Inu ($SHIB), and PepeCoin ($PEPECOIN) – and earn rewards in $STARS. The 1482% Annual Percentage Yield (APY) offered by $STARS is a big draw, offering both diversification and great returns.
The platform’s recent success has pushed the price of the $STARS token to $0.001424800. With the project approaching its $1 million target, another price increase is expected in less than three days. Holding $STARS not only allows investors to increase capital, but also offers potentially high rewards through staking. With over 73% of the tokens already in circulation, there is a strong incentive to hold $STARS, which could lead to returns of up to 10x.
To participate, visit the Crypto All-Stars website to connect your wallet and exchange ETH, USDT or BNB for StarsJoin their community on Telegram or X to stay up to date and secure your stake in what could be the next big thing in crypto. Click the link below and grab your chance to make big today!
4. Helium Mobile
Helium Mobile is the third biggest gainer in the cryptocurrency market today, recording a price increase of 10.10% in the last 24 hours. Powered by the Solana blockchain and leveraging T-Mobile’s robust 5G infrastructure, Helium Mobile offers a unique blend of blockchain technology and mobile communications. Subscribers not only enjoy unlimited calls, texts, and data for just $20 per month, but also earn MOBILE tokens simply for using their phones.
Interestingly, the Helium Mobile network now handles 15TB of traffic per day, showing its growing adoption. Furthermore, it is expanding into new regions like Puerto Rico, further increasing its global presence. Adding to this momentum, the community’s approval of HIP-128 greatly enhances the platform’s potential.
The MOBILE coin itself plays a crucial role in governance, storage, and as a medium of exchange within the network. Coin holders actively participate in network decisions, stake their coins for passive income, and receive rewards for contributing to the network coverage.
— Helium🎈 (@helium) August 31, 2024
At the time of publication, MOBILE is priced at $0.001135. It also has high liquidity, ensuring smooth trading activity. With a neutral RSI at 60.50, the token appears poised for a potential sideways move, keeping traders on their toes. Over the past 30 days, it has seen 14 green days, reflecting a relatively stable performance.
In the long term, MOBILE is trading 251.62% above its 200-day simple moving average, with a price increase of 274% over the past year. It has outperformed 88% of the top 100 crypto assets, making it a strong contender in the market.
5. 1 inch mesh
While 1inch Network ranks last among today’s top gainers, its efficient trading and strong security make it stand out in its own right. The 1INCH token price has risen by 2.50% in the last 24 hours, reflecting its resilience in the market. While this may seem modest compared to other gainers, it is worth noting that 1INCH offers high liquidity, as evidenced by its volume-to-market cap ratio of 0.3875.
The 1inch network unifies decentralized protocols, enabling some of the most profitable, fastest, and most secure transactions in the DeFi space. Interestingly, it is also gas efficient, consuming up to 16% less than other DEX pools. This feature alone can save users significant amounts of money on exchanges.
The network has the highest levels of security, with smart contracts audited by leading companies such as OpenZeppelin and ConsenSys. Furthermore, the 1inch platform supports over 400 liquidity sources across 12 chains, ensuring users get the best possible prices.
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Look what we found: 1inch uses up to 16% less gas than other DEX aggregators, saving you more on every swap.
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— 1 inch (@1 inch) August 28, 2024
On the short-term front, 1INCH maintains a balanced outlook, with the 14-day RSI sitting at 53.10, showing neither bullish nor bearish dominance. Additionally, the token has maintained a balanced track record, with 15 of the last 30 days in the green. Its volatility is also relatively low at 5%, indicating a more predictable trading environment.
However, in the long term, 1INCH is trading 29.42% below its 200-day SMA, which could be a concern. However, it has managed to gain 2% in price over the past year, outperforming 27% of the top 100 crypto assets.
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