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Bitcoin whales, the major holders of the cryptocurrency, are making headlines with their renewed buying activity. Following Bitcoin’s all-time high in March, whale activity saw a decline. However, in May, coinciding with a significant market dip, whales resumed their accumulation.
Despite the slowdown to 4.2% in April and a price dip of over 20%, the accumulation rate rebounded to 5.5% by May 22. This renewed interest from BTC whales, who have doubled their investment from $57 billion to $122 billion this year, suggests growing confidence in Bitcoin’s future.
Biggest Crypto Gainers Today – Top List
Today’s market showcases the outstanding performance of our distinguished top gainers, showing their significance in blockchain. IoTeX pioneers machine economics with its native coin, IOTX, surging to $0.05447, a 6.68% increase in 24 hours and a remarkable 138% rise in a year. Bitget Token leads in cryptocurrency derivatives and copy trading, showcasing BGB at $1.18, up 5.56% in 24 hours and 152% annually.
Chia Network, known for innovative consensus mechanisms, maintains stability with XCH at $32.48, up 4.34% in 24 hours. Lastly, Oasis Network, focusing on scalability and confidential computing, sees ROSE at $0.090497, up 2.82% in 24 hours and 71% annually.
1. IoTeX (IOTX)
Our first gainer, IoTeX, aims to empower open economics for machines. It provides a decentralized platform for trusted interactions between people and devices. With over 40 scientists and engineers, IoTeX developed an EVM-compatible blockchain using Roll-DPoS consensus.
The IoTeX blockchain connects with Ethereum, BSC, and Heco blockchains via the ioPay wallet and ioTube bridge. These tools serve thousands of users. IOTEX also offers middleware like Decentralized Identity and Confidential Computing. This enables self-sovereign devices like Ucam and data oracles like Pebble. Ucam is used in over 3,000 households, while more than 300 developers use Pebble.
IoTeX’s native coin, IOTX, governs the blockchain and is used for transaction fees. The Burndrop mechanism ensures deflation as more devices join the network. IoTeX secures user privacy with ring signatures and reliable payment codes. Stakeholders vote for block producers, ensuring network security.
We're onboarding @NodleNetwork's 780k+ mobile devices into the IoTeX DePIN ecosystem.
Nodle uses smartphones as edge nodes to create a real world trust network for social good apps. 📲
It's now the largest and fastest growing project integrated in DePIN Scan, increasing… pic.twitter.com/oU1YrITTWY
— IoTeX (@iotex_io) May 23, 2024
Currently, IOTX stands at $0.05447, up 6.68% in the last 24 hours. It has surged 138% over the past year. Trading 30.41% above the 200-day SMA, it shows strong performance. With 30-day volatility at 7%, the market cap is $514.27M, and the 24-hour volume is $71.59M, indicating high liquidity with a 0.1392 volume-to-market-cap ratio.
2. Bitget Token (BGB)
Bitget stands out as the largest platform for cryptocurrency copy trading and ranks third in the world for crypto derivatives. It hosts an extensive suite of services, including crypto-to-crypto trading, spot trading, futures trading, and margin trading. It also offers innovative features like AI trading bots and a Launchpad for new projects, catering to both novice and experienced traders.
BGB is Bitget’s native utility token, acting as a payment method within the Bitget ecosystem. Traders use it for staking, social trading, profit sharing, and receiving trading fee discounts. BGB holders can also access the launchpad and launch pool for early project investments.
Built on Ethereum’s blockchain with ERC-20 standards, BGB relies on a Proof-of-Stake consensus mechanism. This ensures secure storage on any Ethereum-compatible wallet. Bitget holds MSB licenses in the U.S. and Canada, adhering to KYC regulations.
Farming is now open for $MON on #Bitget PoolX. @monprotocol
⛏️ Stake $BTC to farm 666,600 MON.
➡️ Stake now: https://t.co/7obLEEt9RT
— Bitget (@bitgetglobal) May 28, 2024
BGB is both scalable and efficient, handling high transaction volumes as Bitget expands. It offers up to 20% off trading fees and exclusive rewards. From a recent market analysis, its price is $1.18, having risen by 5.56% in the last 24 hours and 152% over the past year.
It maintains high liquidity with a 0.0577 volume-to-market-cap ratio, supported by a 30-day volatility of 3%. Also, it demonstrates strong performance, trading 157.90% above the 200-day SMA, making it an appealing investment option.
3. Sealana (SEAL)
Sealana, a meme coin on Solana, has captured significant attention. It has amassed over $3 million during its presale and currently holds a price of $0.022. Featuring a seal mascot with a humorous “degen” vibe, Sealana appeals to retail traders through clever social media marketing rather than a traditional roadmap or utility.
Investor interest in Sealana has grown, partly due to notable whale purchases and influencer endorsements. One whale invested 27 SOL (approximately $4,480), and another bought 20 SOL (around $3,320). These have signaled confidence in SEAL’s potential, drawing more investors to the project. Furthermore, its upcoming DEX listing coincides with positive market sentiment, boosted by the SEC’s approval of spot Ethereum ETFs in the US.
#Sealana ain’t slowing down anytime soon! 🔥With his companions he’s out here finishing what @realDonaldTrump started! 🦭💪
Send $SOL to clean out the swamp 🏞️ and make #Memecoins great again. 🚀💰
Once the swamp's clear, it's Lambos 🚗, Massive Gains 📈and Freedom all the way!!!… pic.twitter.com/vFMEaRZWKW— Sealana (@Sealana_Token) May 27, 2024
In this fixed-price presale, investors can acquire 6,900 $SEAL tokens for each 1 SOL. This presents a lucrative opportunity to join early and reap the rewards of Sealana’s potential. Moreover, individuals with SOL-funded wallets have the advantage of directly investing in the project. Sealana’s thriving presale places investors at the forefront of a project set for exponential growth and enduring success.
4. Chia Network (XCH)
Chia Network is a layer one blockchain using the custom programming language Chialisp and the novel proof-of-space-and-time (PoST) consensus mechanism. This design enables lower energy consumption without compromising security. Unlike most blockchains, Chia Network is a public, for-profit, open-source company.
It stands out by combining proof-of-space (PoS) with proof-of-time (PoT). Miners allocate unused storage on their hard drives to solve challenges, similar to proof-of-work (PoW). Proof-of-time uses Verifiable Delay Functions to document time correctly.
Additionally, Chialisp, the on-chain programming language, is smart contract-compatible and incorporates elements from Ethereum and Bitcoin, allowing for simultaneous transactions. This makes Chia Network faster and more energy-efficient than its competitors.
Green? Yes🌱
Decentralized? Absolutely✅At Chia, we’re working to ensure the decentralization and sustainability of on-chain RWA and DeFi.
The Chia blockchain brings together a global network of farmers, secure and transparent DeFi, and peer-to-peer, on-chain, real-world… pic.twitter.com/7QWxQpvW9o
— Chia Network (@chia_project) May 23, 2024
Unlike DAOs, Chia operates as a traditional joint-stock corporation, planning to list its equity on a stock exchange. This structure aligns incentives without allowing coin ownership to influence blockchain governance.
XCH is valued at $32.48, reflecting a 4.34% increase in the past 24 hours. However, the price has declined by 7% over the last year, but with a 9.81% increase over its 200-day SMA of $29.52, Chia demonstrates consistent performance. The 30-day volatility stands at 4%, with a market cap of $339.18 million and a 24-hour trading volume of $21.94 million. This results in a high liquidity ratio of 0.0647 volume-to-market-cap.
5. Oasis Network (ROSE)
Oasis Network is a layer-one blockchain designed to facilitate scalability and confidential computing. With its unique layered architecture, it offers an optimal environment for various applications, including DeFi, AI, NFTs, and DAO governance.
Smart Privacy is a core feature of Oasis, empowering Web3 and AI developers with a flexible confidentiality framework. ROSE serves as the native token of the Oasis Network, utilized for gas fees, staking, delegation, and governance.
In recent news, Oasis has forged a strategic partnership with Apillon, a leading blockchain solutions innovator. The primary objective of this collaboration is to simplify blockchain integration. It aims to foster broader adoption by addressing the complexities that have traditionally hindered widespread adoption.
We're teaming up with @Apillon to develop a non-custodial private key management solution!
Our goal is to simplify Web3 onboarding by integrating front and backend wallet services, streamlining user interactions without compromising security
Learn more:https://t.co/oMC7YeqM1N
— Oasis (@OasisProtocol) May 25, 2024
They also seek to provide robust support systems tailored to both experienced developers and newcomers in the blockchain arena. Leveraging Apillon’s expertise in crafting intuitive interfaces, this move will make blockchain technology more accessible to the masses.
In terms of price movement, ROSE has seen a 71% price increase over the past year, with a current trading price of $0.090497. Despite a recent surge of 2.82% in the last 24 hours, the gainer remains neutral, as indicated by a 14-day RSI of 52.68. With high liquidity and a 30-day volatility of 5%, it continues to demonstrate stability and growth potential amidst evolving market conditions.
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