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We have only been through the first three months of 2023 and the financial sector has already witnessed dramatic events whose ripple effects have spilled over into the crypto market. These events have impacted crypto prices including those of our biggest crypto gainers today.
The collapse of three top “crypto-friendly” banks in the U.S. initiated a cascade of events that saw investors turn to crypto as a safe haven. As a result, Bitcoin (BTC) has been named as the best performing in the first quarter of 2023 recording 72% gains year-to-date when compared to Nasdaq, S&P 500, and Gold.
#Bitcoin was the best performing asset in Q1 2023 🚀 pic.twitter.com/Ju9g4EuEqg
— Bitcoin Magazine (@BitcoinMagazine) April 4, 2023
Although the crypto market still remains bullish with the Crypto Fear and Greed Index currently in the “Greed” zone, increasing regulatory crackdown around the world, particularly in the United States, leads to concerns and uncertainty about the industry’s future.
It is therefore very important for investors to be very careful when choosing cryptocurrencies to invest in. Today, our dedicated market analysis team at InsideBitcoins has put together a list of the six biggest crypto gainers today based on several key factors important to the overall crypto and Web3 sector, such as price action, key utility, growth potential, and presale performance.
Biggest Crypto Gainers Today
Dogecoin (DOGE) – Elon Musk Pumps DOGE To $0.1
Dogecoin is at the top of the biggest crypto gainers today’s list after rising 26.7% in the last 24 hours to trade at $0.0982. The dog-themed coin rallied as much as 33.97% on Monday from the day’s opening at $0.0959 to the four-month high of around $0.105 after Elon Musk changed the Twitter logo to a Doge.
As promised pic.twitter.com/Jc1TnAqxAV
— Elon Musk (@elonmusk) April 3, 2023
Dogecoin has added $2 billion to its market cap to stand at $13.7 billion, displacing Cardano (ADA) from the seventh position according to CoinMarketCap’s ranking. DOGE’s 24-hour trading volume has rallied 800% to $5.43 billion, validating increased investor interest in trading the coin.
At press time, Dogecoin was fighting immediate resistance from the $0.1 psychological level, as shown on the daily chart below. A daily candlestick above this level would see Shiba Inu’s biggest rival rise to confront resistance from yesterday’s high at $0.1048.
Overcoming this barrier would confirm the continuation of the uptrend with the next logical move being the $0.1118 range high and later the $0.12 supply level, This would represent a 21.47% increase from the current price.
DOGE/USD Daily Chart
The price was sitting above all the major moving averages and the Moving Average Convergence Divergence (MACD) indicator was moving upwards in the positive region. The moving averages were also facing up, an indication that the buyers were controlling DOGE.
Dogecoin’s strong uptrend was also supported by the upward movement of the Relative Strength Index (RSI) as shown on the daily chart below.This trend-following indicator had crossed into the overbought region and the price strength at 72 suggested that DOGE was comfortably under the control of buyers.
On the downside, altcoin may turn down from the current levels if investors decide to take profits on the recent rally. If this happens, the ensuing selling pressure could pull DOGE toward the $0.0900 psychological level before plunging it back into the confines of the ascending parallel channel.
Market participants could expect Dogecoin price to continue trading within the chart pattern for some time before initiating a comeback.
THORChain (RUNE) – Bulls Eye A Return To $1.8
THORChain (RUNE) was hovering around $1.54, up 7.1% on the day, booking its spot among our biggest crypto gainers on Tuesday. The DEX token has rallied 15% over the last couple of days.
RUNE was fighting resistance from the 100-say SMA at $1.56. A daily candlestick close above this level would see the THORChain price rise first toward $1.7 and later to the major supply zone at $1.8. This would be a 15% uptick on the upside.
Traders could expect RUNE’s upside to be capped at this level. Otherwise, increased demand pressure could see the altcoin breach this level to return to $1.2.
RUNE/USD Daily Chart
Supporting the bullish thesis for THORChain was the robust support it enjoyed on the downside. Note that this crypto was sitting on strong support at $1.50, where the 50-day and 200-day SMAs converged. Lower than that, the $1.4 level was a major demand zone that could offer a possible breathing point for bulls.
The upward movement of the RSI in the positive region also supported RUNE’s positive narrative. Its value at 58 suggested that there were more buyers than sellers in the market who were determined to push the price higher.
Conversely, the price of RUNE could turn down from the current price toward $1.50. Breaching this level would place the crypto on a freefall below $1.4 toward the March 11 swing low below $1.20.
Love Hate Inu ($LHINU) – A Revolutionary Vote-to-earn Crypto
Also making our list of biggest crypto gainers today Love Hate Inu’s native token, $LHINU.
Love Hate Inu is a revolutionary project that combines memes’ popularity and blockchain technology to create the world’s first decentralized vote-to-earn (V2E) platform.
This project is seeking to disrupt the $6.8 billion polling and survey industry by allowing users to stake and vote on various issues while being rewarded with its native token, $LHINU.
The LHINU token is in the presale stage, with the token price gradually increasing after every seven days. One unique selling position of this project is that 90% of the total supply of 100 billion tokens will be sold during the presale period, protecting it from rug-pull incidents where project developers hold on to a big chunk of the tokens only to dump them later once it is listed on exchanges.
As such, the team behind Love Hate Inu will only keep 10% of the tokens to fund exchange listings, community incentives, and liquidity.
At press time, the LHINU token is selling for $0.000095 per token. Stage 3 will be sold out in six days, after which stage 4 will begin where the price will increase to $0.000105 for every LHINU token.
Love Hate Inu raised more than $2.8 million in just a few weeks after its debut, thanks to enthusiastic investors.
#LoveHateInu Crew, we just raised $2.8M 🤑 in our #Presale 👀 🎉
Thanks for all your support in the best #MemeCoin of 2023!
If you haven't yet, you know what to do – Join us now!
Huge announcement once we hit $3M 😜 https://t.co/Pu2Bo8WOUy#KimJungMoonInu #CryptoCommunity pic.twitter.com/9JHnTGhTY3
— Love Hate Inu (@LoveHateInu) April 4, 2023
DeeLance (DLANCE) – Introducing Blockchain-powered Freelance Recruitment System
Traditional freelancing platforms have enabled people to work from home and earn a fair livelihood globally. However, these also have drawbacks, like exorbitant fees, late payments, and slow acceptance speeds.
According to IBISWorld, the global market for human resources (HR) and recruiting services is worth an astounding $761 billion.
Nevertheless, recruitment remains one of the most time-consuming and challenging processes for businesses, particularly when it comes to utilizing the appropriate resources to achieve their objectives.
That is where DeeLance ($DLANCE) comes in; to modernize and disrupt the freelancing industry. Compared to conventional freelancing markets like Upwork, Outsourcely, Flex Jobs, Fiverr, Freelancer, and others, Deelance leverages the power of Web3 to offer features, such as affordable rates, quick payments, and transparency.
Recruiting the top personnel for every role will be made simpler, faster, and less expensive than ever, thanks to DeeLance’s use of blockchain technology.
At press time, investors can buy $DLANCE for $0.025 in the first presale stage which is currently underway.
Even though DeeLance is still in its early stages, investors have contributed over $42,000 to the project making it one of the biggest crypto gainers today. There are only 5 days left till stage 2 when the price will increase to $0.27.
Metropoly (METRO) – Introducing Fractional Ownership In Real Estate
The 21st-century real estate market reveals that it is not accessible to the average investor.
Due to the skyrocketing prices of homes and land over the years, it has become increasingly difficult for common investors to enter the market without taking out large loans or giving up entirely on the idea of ownership.
This is why projects like Metropoly are so important. The project gives anyone access to real estate investment, regardless of social status or location. With Metropoly, you can own a piece of real estate property from anywhere around the globe.
Metropoly accomplishes this by capitalizing on the enormous potential of fractional NFT real estate investment. With the help of this novel ownership structure, investors can own a tiny portion of a piece of real estate. Investments are as low as $100 can be made for as little as $100 while getting the full benefits of an investor.
Metropoly brings the world to your fingertips! 🌎 🏠
🔥 Buy real estate in seconds using crypto
🔥 Receive completely passive monthly rental income
🔥 Buy & sell shares on our decentralised real estate NFT MarketplaceJoin the presale now 👉 https://t.co/sudxOznyWn pic.twitter.com/CtyA7pGnhq
— METROPOLY (@metropoly_io) April 3, 2023
At press time, $METRO is going for $0.0769 per token and can be purchased with ETH, USDT, or BNB on presale.
The blockchain-based real estate company has so far amassed more than $1.12 million from investors in its presale raise.
Visit Metropoly Now to find out more on how to participate in the presale.
Ecoterra ($ECOTERRA) – The New Climate Change Crypto
Rounding off our list of the biggest crypto gainers on April 4 is Ecoterra’s native token, $ECOTERRA.
Ecoterra is a novel Recycle-to-Earn (R2E) concept that rewards users for recycling and incentivizes the actions they take toward protecting the environment and combating climate change.
Ecoterra utilizes a simple rewarding system giving everybody on the planet an opportunity to contribute to the fight against climate change and earning crypto in the process.
The innovative project enables users to scan any product and log it as a recyclable material to earn $ECOTERRA on its platform.
The platform consists of four key components: the Recycle2Earn app, a marketplace for recycled materials, a carbon offset trading platform, and a profile that monitors and records the environmental impacts of users’ actions.
https://twitter.com/ecoterra3r/status/1643222002004623360?s=20
Ecoterra launched the presale of its $ECOTERRA token last week, which will serve as the ecosystem’s primary transaction and reward currency.
The $ECOTERRA token is currently being sold for $0.04 in the first stage of the presale, with subsequent stages seeing price increases.
The digital asset has already raised over $50,000 in less than a week, indicating strong investor interest.
Don’t miss out on this great opportunity. Visit $ECOTERRA now for more details on how to participate in the presale
Related News:
- Biggest Crypto Gainers Today, April 3 – SXP, APT, LHINU, DLANCE, METRO, ECOTERRA, TARO
- Best Crypto To Buy Now April 2023 – Huge Potential
- Best Presales to Buy Now – Next 10x Crypto in 2023?
- How to Buy Cryptocurrencies
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