Search Inside Bitcoins

Top Crypto Gainers Today May 29 – 1inch Network, Jito, Axie Infinity, Casper

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

CSPR
CSPR

Join Our Telegram channel to stay up to date on breaking news coverage

As cryptocurrency adoption surges, exchange-traded funds (ETFs) are positioned for substantial growth, particularly in the bitcoin and ether markets. According to a recent report by brokerage firm Bernstein, these markets are expected to soar to a combined valuation of $450 billion, with projected inflows of over $100 billion into crypto ETFs within the next 18-24 months.

This bullish outlook reflects the increasing mainstream acceptance of digital assets. Bernstein forecasts a bitcoin cycle high of $150,000 by 2025 and a year-end price target of $90,000. Moreover, the recent approval of an ether spot ETF by the U.S. SEC signals significant progress in regulatory acceptance, paving the way for broader market access and potentially benefiting alternative tokens like Solana.

Biggest Crypto Gainers Today – Top List

Leading today’s pack of gainers is Cat in a Dogs World, which has shown an impressive 45.50% gain in the last 24 hours. Conversely, Pendle takes the spotlight as today’s biggest loser, experiencing a significant downturn of -7.97% during the same period. These fluctuations highlight the inherent volatility and potential opportunities in the crypto market.

However, four distinct coins emerge as the top crypto gainers, notable for their unique projects, collaborations, and significant price growth. Let’s take time to unpack the hidden investment opportunities embedded in 1inch Network, Jito, Axie Infinity, and Casper.

1. 1inch Network (1INCH)

The 1inch Network unites decentralized protocols to enable lucrative, fast, and secure DeFi operations. The Aggregation Protocol uses the Pathfinder algorithm. This algorithm finds optimal paths across over 400 liquidity sources on 12 chains, including Ethereum, BNB Chain, and Polygon, offering better rates than individual exchanges. Within a very short time, the 1inch DEX aggregator has achieved remarkable milestones. It has amassed a user base of 1 million and has exceeded $150 billion in trading volume solely on the Ethereum network.

1INCH Price Chart

Furthermore, the 1inch Limit Order Protocol offers innovative limit order swap opportunities featuring dynamic pricing and conditional orders. Also, the 1inch Wallet provides a secure, multichain mobile platform for storing, transacting, and staking. Moreover, the network’s non-custodial structure and rigorous security checks ensure high security, with audits by leading firms like OpenZeppelin and Certik.

The 1INCH token serves as the network’s governance and utility token. Holders can stake their tokens to participate in DAO governance, manage the 1inch DAO Treasury, and earn fees. This gainer has surged to $0.466647, marking a 12.98% increase in just 24 hours. Over the past week, its price fluctuated between $0.3968 and $0.4744.

Impressively, the token has climbed 18% over the last year and is trading 37.07% above its 200-day SMA of $0.341001. The 14-day RSI stands at 53.10, indicating a stable trend. With 15 green days in the past month and low volatility at 6%, 1INCH shows high liquidity with a market cap-to-volume ratio of 0.3734.

2. Jito (JTO)

Jito stands out for its innovative JitoSOL liquid staking pool and MEV products in the Solana ecosystem. Users can exchange their SOL for JitoSOL, earning yield while maintaining liquidity and DeFi opportunities. JitoSOL also offers additional rewards from transaction revenue associated with MEV extraction on Solana.

MEV, or maximum extractable value, refers to profits from the specific order of transaction execution. The Jito Foundation minimizes MEV’s negative impacts, equitably distributes profits and increases transparency. Jito’s open-source validator client enables competitive MEV extraction through block-by-block auctions.

JTO Price Chart

Jito is secured through robust protocols and continuous monitoring to address vulnerabilities. The platform’s innovative MEV approach and active community governance enhance security and transparency. Jito’s security framework ensures a secure and user-responsive platform.

JTO, Jito’s governance token, empowers holders to influence key decisions and manage the Jito ecosystem. These decisions include setting fees, updating delegation strategies, and managing the treasury. The token ensures that Jito evolves in alignment with the needs of its users and the broader Solana ecosystem.

This token is now valued at $3.88, up 13.32% in the last 24 hours. Over the past 30 days, the price increased by 26.3%, with 18 green days indicating positive momentum. It has high liquidity with a volume-to-market cap ratio of 0.7092, a market cap of $472.13M, and a 24-hour volume of $334.83M.

3. Mega Dice (DICE)

Mega Dice Token is making headlines, having raised over 1.2M in its presale. This token serves as the native currency for the Mega Dice casino, operating on the Solana blockchain. Through staking DICE, holders can earn daily rewards based on the casino’s performance. Moreover, DICE offers access to bonuses, limited-edition NFTs, and utility within the Mega Dice ecosystem.

The project’s presale, organized into stages, allows contributors to purchase DICE tokens before the public launch. Interested participants can connect their wallets to Mega Dice Token’s presale dashboard and swap SOL, ETH, or BNB for DICE. Moreover, a forthcoming referral program will allow token holders to earn a 25% revenue share for each new player they bring on board.

Mega Dice also has an upcoming $2.25 million airdrop campaign. The airdrop spans three seasons, each distributing $750,000 worth of DICE tokens. Season 1 rewards active players hitting a $5,000 wager volume in 21 days. Season 2 lets players earn DICE by wagering supported cryptocurrencies pre-launch, and Season 3 rewards wagering $5,000 within 21 days post-launch. These distinctive features enhance the appeal of Mega Dice for potential investors.

Visit Mega Dice Presale

4. Axie Infinity (AXS)

Our next gainer is Axie Infinity, a blockchain-based game where players trade and battle token-based creatures called Axies. Inspired by Pokémon and Tamagotchi, players can collect, breed, raise, and trade Axies. It is indeed more than just a game; it’s a community. The game’s strong community engagement is a testament to this, where members actively contribute, participate in governance, and generate content.

AXS Price Chart

The developers have introduced unique mechanics like built-in population control and diverse Axie attributes, fostering a sense of belonging and boosting demand. To address scalability, Axie Infinity created Ronin Network, a sidechain on Ethereum that ensures instant transactions and avoids congestion. Users can securely store AXS and NFTs in both Ethereum and Ronin wallets and transfer tokens via Ronin Bridge.

The AXS token, an ERC-20 token on Ethereum, benefits from the security of Ethereum’s proof-of-work consensus mechanism. The current price of AXS is $8.01, up 4.59% in the last 24 hours. Over the past year, the price has risen by 12%.

AXS is trading 29.21% above its 200-day SMA of $6.20. The 14-day RSI is 44.42, indicating a neutral trend. With 14 green days in the last 30 days and a 5% volatility, AXS demonstrates high liquidity with a market volume-to-cap ratio of 0.1141. The market cap stands at $664.99M, while the 24-hour volume is $75.86M.

5. Casper (CSPR)

Casper is the first live proof-of-stake (PoS) blockchain built on the Casper CBC specification. It aims to enhance the adoption of blockchain, smart contracts, and DApps globally. Its future-proof architecture serves both enterprises and developers, delivering top-tier security, scalability, and decentralization. Also, the Casper network boasts upgradeable smart contracts predictable gas fees, and sets a new standard for energy efficiency.

CSPR Price Chart

Recently, Casper Labs announced the integration of Prove AI with IBM’s “watsonx.governance” platform at the IBM Think conference. Prove AI offers security, version control, multiparty access control, and auditing for AI training data sets. This tool will help businesses meet regulatory requirements and improve AI accountability. Furthermore, GreyscaleAI will use the beta version of Prove AI, with a full launch expected in Q3 2024.

In light of this innovative development in the Casper camp, its price movements tell an interesting tale. CSPR is trading at $0.030622 after a notable 5.54% surge in the last 24 hours. Despite a 38% decline over the past year, it is gaining momentum, evidenced by a stable 7-day range of 3.9% and a neutral market sentiment with a 14-day RSI of 53.34.

Although currently at 16.90% below its 200-day SMA, Casper boasts high liquidity with a volume-to-market cap ratio of 0.0306. With 47% positive days in the last month and low volatility at 3%, Casper’s market activity signals potential opportunities for investors.

Read More

Most Searched Crypto Launch - Pepe Unchained

Rating

Pepe Unchained
  • Layer 2 Meme Coin Ecosystem
  • Featured in Cointelegraph
  • SolidProof & Coinsult Audited
  • Staking Rewards - pepeunchained.com
  • $10+ Million Raised at ICO - Ends Soon
Pepe Unchained

Join Our Telegram channel to stay up to date on breaking news coverage

Read next