Top Crypto Gainers Today Apr 02 – Pocket Network, WOO Network, Arkham, Jito

In the global market, significant transactions are underway in anticipation of the upcoming Bitcoin halving event, and Tether’s recent move underscores this trend. With an investment of US$618 million in Bitcoin, Tether has expanded its holdings to over 75,000 BTC, reinforcing its position as a significant player in the market.

This strategic manoeuvre reflects Tether’s confidence in Bitcoin’s long-term potential. It also signals broader institutional interest in digital assets amidst regulatory developments and market dynamics. Additionally, Tether’s exploration of AI technology demonstrates its commitment to innovation beyond traditional stablecoin offerings, highlighting its proactive approach to shaping the future of finance and technology.

Biggest Crypto Gainers Today – Top List

Amidst a bustling cryptocurrency market, characterized by a total trading volume of $ 433.22B in the last 24 hours, today’s sentiment appears neutral. The crypto Fear & Greed Index reflects an Extreme Greed reading of 79. Despite this, only 6% of cryptocurrencies are currently experiencing positive movement. Among these, the standout performer is Cat in a Dog World, boasting an impressive 22.04% gain over the last 24 hours. However, not all coins have fared well, as evidenced by Axelar’s position as today’s top loser, with a notable loss of -12.32%. Among the few projects seeing an upward trajectory today, four distinct top gainers have shown exceptional features worth looking into for possible investments.

1. Pocket Network (POKT)

Pocket Network is a decentralized blockchain data platform that connects to various blockchains to cater to Web3 dApps’ data needs. Utilizing the POKT token, the protocol employs cost-efficient economics to manage and distribute data efficiently. Its Proof-of-Stake (PoS) consensus mechanism ensures scalability and data consistency across dApps.

Recognizing the centralization vulnerability in the RPC layer of the Web3 stack, Pocket Network was conceived to address this issue. It is the first decentralized infrastructure project, prioritizing decentralization to mitigate risks to Web3. A global network of nodes supporting over 50 blockchains guarantees uptime, quality of service, usability, privacy, and censorship resistance for developers.

We're super confident about POKT being Tier-1 and here's why:

POKT isn't just playing the game, it's changing it, from how the Protocol is built to how the DAO runs.

Take the upcoming Governance Upgrade – might seem like it's coming out of nowhere, right?

Well, guess what?… pic.twitter.com/rkjB6L4Ru9

— Pocket News (@PoktNews) April 1, 2024

With a current price of $ 0.228998, the coin has experienced a notable surge of 7.21% in the last 24 hours, reflecting increasing investor interest. Its market dominance, although modest at 0.01%, is overshadowed by its performance over the past year, with a price increase of 423%. Despite recent fluctuations, the 14-day Relative Strength Index (RSI) 69.66 suggests a neutral stance. Furthermore, Pocket Network maintains a balanced market position with medium liquidity with 11 green days out of the last 30 and a 30-day volatility of 11%. 

2. WOO Network (WOO)

Founded in 2019 by Kronos Research, WOO Network aims to solve liquidity issues in the DeFi sector. The project offers front-end trading GUI and seamless integration with various DeFi tools, making it accessible to users across platforms. WOO token serves as the native currency, facilitating transactions and connecting ecosystem participants.

WOO Network distinguishes itself by democratizing liquidity access through API integration. This feature allows exchange platforms to efficiently access the project’s network, enhancing liquidity for traders. Additionally, WOO token holders enjoy feeless transactions and premium features, setting the project apart in the DeFi landscape.

WOO, currently ranked 10th in Exchange Tokens, demonstrates mixed performance metrics. It has surged 4.78% in the last 24 hours and a notable 143% price increase over the past year. However, its neutral RSI and below-average 30-day volatility, standing at 12%, raise questions about its stability and potential risks. WOO indicates moderate performance, with 47% green days in the last 30 trading days. Investors should weigh these factors carefully before considering investment opportunities.  

3. Dogecoin20 (DOGE20)

Dogecoin20 stands at the forefront of innovation in meme coin, offering a novel approach to crypto with its on-chain staking mechanism. Its transparent roadmap, fair presale, and early staking incentives ensure a level playing field for all investors. Its commitment to charitable initiatives reflects a broader vision of crypto as a force for positive change.

At the core of Dogecoin20 lies a robust tokenomics structure designed to fuel growth and sustainability. It empowers its community members through allocations for presale, marketing, liquidity, treasury, and staking, enabling active participation in the network’s development. Participants can earn rewards while contributing to the ecosystem’s growth. By embracing the power of staking, Dogecoin20 transforms token holders into stakeholders, fostering a dynamic ecosystem where engagement and financial development are prioritized.

https://twitter.com/DOGE_COIN20/status/1768242237266104505?t=ZoL9rUHFPd2yWKAUjYKj6Q&s=19

On Apr 20, 2024, also known as INTERNATIONAL DOGE DAY, Dogecoin20 announces the DOGE20 claim date. This date symbolizes more than just a launch; it celebrates Doge culture and community spirit. The Last Chance To Buy stage offers one final opportunity before the launch for participants to secure their stake in this project. This meme coin has raised over $10 million, with 1 DOGE20 priced at $0.00022 during this Last Chance To Buy phase.

Visit Dogecoin20 Presale

4. Arkham (ARKM)

Arkham is a blockchain analysis platform that utilizes artificial intelligence (AI) to deanonymize on-chain data. It features an Analytics Platform for entity analytics and an Intel Exchange for trading intelligence. With an in-house AI engine and diverse data sources, it provides comprehensive insights like portfolio holdings and transaction history. Despite its utility in tracking stolen funds and identifying fraudsters, Arkham has faced criticism for potential privacy violations. However, it asserts its use of only publicly available blockchain data.

One of Arkham’s distinguishing factors is its commitment to total blockchain coverage and multi-chain integration, facilitated by its ULTRA AI system. This approach offers entity-based intelligence, enabling various use cases such as trading and compliance. Moreover, it operates a decentralized Intel Exchange, allowing users to trade crypto intelligence using ARKM tokens. This unique feature fosters a vibrant community of on-chain sleuths, enhancing the availability of valuable intelligence for market participants.

the guy that did this sent all his $WIF to another wallet which is now worth $137M

Don’t believe me?
2Fcm8Z3wxjcwjhXiS3mSXeHQY62TYHhNK65zExFWPE6d https://t.co/EBwuMXwBx4

— Arkham (@ArkhamIntel) March 29, 2024

ARKM is priced at $2.56 presently; it’s witnessed a recent uptick of 1.59%, signalling potential momentum. Despite a modest market dominance of 0.02%, its 14-day Relative Strength Index (RSI) stands at a neutral 59.20, indicating possible sideways movement. Over the past month, Arkham saw 15 green days, fostering a balanced trading landscape. Furthermore, Arkham proves its resilience with a manageable 30-day volatility of 9% and robust liquidity, boasting a ratio of 0.9488. It boasts a market cap of $385.29M and a 24-hour trading volume of $365.55M.

5. Jito (JTO)

Jito is a critical player in the Solana ecosystem, contributing through its innovative JitoSOL staking pool and MEV (Maximum Extractable Value) product. This ecosystem facilitates seamless SOL to JitoSOL exchanges, enabling users to maintain liquidity, engage in DeFi opportunities, and earn staking rewards. JitoSOL offers unique incentives beyond traditional staking rewards derived from transaction revenue related to MEV extraction on Solana.

The Jito Foundation, an essential entity in the Jito Network, is dedicated to mitigating the adverse effects of MEV and promoting transparency within the ecosystem. To achieve this, the foundation has released an open-source validator client designed to foster a competitive market for MEV extraction. Through this client, auctions are conducted within each block, enabling traders to bid for the opportunity to capture the block’s MEV. This approach minimizes negative impacts and ensures fair distribution of profits, fostering a more equitable ecosystem.

Swap from @solana to @base and back again for the best price using Jito bundles.@deBridgeFinance is in the arena. https://t.co/CBEw89v6ZP

— Jito (@jito_sol) March 29, 2024

With JTO tokens, holders can influence crucial decisions, such as setting fees for the JitoSOL stake pool, updating delegation strategies, managing the treasury, and contributing to protocol development. It is positioned at #26 in the DeFi Coins sector and #4 in the Solana Network sector. It demonstrates promising performance metrics, including a current price of $4.57 and a 4.84% surge in the last 24 hours. With high liquidity indicated by a volume-to-market cap ratio of 3.2237, Jito presents itself as a noteworthy project in decentralized finance.

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