Top Crypto Gainers Today Apr 18 – Sui Crypto, Waves, Jito, Injective

The sentiment among the crypto community has taken a bearish turn, with decreasing mentions of a “bull market” and rising discussions of a “bear market” cycle. Santiment’s Social Trends indicator, tracking crypto chatter across various platforms, highlights this shift in sentiment. As the number of “buy the dip” mentions decreases, retail investors seem to have lost hope in a quick recovery and sustained bull run.

Moreover, Bitcoin has faced significant downward pressure this month. Factors contributing to this include the diminishing likelihood of Federal Reserve interest-rate cuts, escalating geopolitical tensions, and impending U.S. tax payments. Despite the imminent mining reward halving, which usually sparks price speculation, analysts, including JPMorgan, warn of a potential short-term price correction. Nonetheless, the long-term outlook remains optimistic.

Biggest Crypto Gainers Today – Top List

As Bitcoin experienced a slight -4.76% decline in the last 24 hours, the crypto market remains vibrant with a total capitalization of $2.25 trillion. Emerging top gainers like Sui Crypto, Waves, Jito, and Injective drive innovation and resilience in this dynamic ecosystem. As each project offers unique solutions and growth potential, it presents wise investment opportunities awaiting discovery through our analysis.

1. Sui Crypto (SUI)

Sui Crypto pioneers a layer-1 blockchain platform engineered for global adoption, featuring a secure, scalable infrastructure. It tackles prevalent inefficiencies in current blockchain systems by leveraging an innovative object-centric data model and the secure Move programming language. Prioritizing user accessibility, Sui introduces innovations such as zkLogin and sponsored transactions to enhance Web3 experiences. Additionally, it is facilitated by its object-oriented design, enabling deep composability and network-wide compatibility.

SUI is trading at $1.264000, reflecting a notable 3.77% price surge in the last 24 hours. The coin maintains a dominant market position, accounting for 0.07% of the market share. It trades well above the 200-day SMA at $ 0.583722, indicating a robust 116.70% increase. Despite a neutral RSI at 48.87, signalling potential sideways movement, the coin has seen positive performance in 50% of the last 30 trading days. With a volatility rate of 15% over the past 30 days, the market remains relatively stable, bolstered by high liquidity showcased by a volume-to-market cap ratio of 0.6536.

🚨BREAKING: BytePlus, the enterprise technology arm of ByteDance (the company behind @TikTok_US), is coming to Sui! pic.twitter.com/GtutYyFI5X

— Sui (@SuiNetwork) April 17, 2024

Recently, Sui announced a strategic partnership with BytePlus, a subsidiary of ByteDance, to explore AI and Web3 gaming projects. Spearheaded by Mysten Labs, this collaboration aims to integrate cutting-edge AI algorithms into Sui’s blockchain. This integration enhances user experiences within Web3 gaming platforms and socialFi projects. Also, this partnership reflects Sui’s commitment to fostering community building, hackathons, and educational initiatives. It signals potential advancements in blockchain innovation and user engagement.

2. Waves (WAVES)

Waves is a decentralized blockchain platform primarily facilitating custom blockchain token operations. This includes transferring national currencies through compliant gateway operators. With a decentralized token exchange, it enables fundraising, crowdfunding, and trading of financial instruments directly on the blockchain. Hence, this approach simplifies user interaction through lightweight clients, ensuring an easy installation process and a flat learning curve.

The project showcases diverse use cases beyond traditional value transfer. Waves offer an effective solution for managing decentralized financial instruments by leveraging blockchain technology. It enables activities like start-up fundraising and private investment placements. Moreover, its Proof-of-Stake consensus mechanism enhances transaction throughput and confirmation times. This, coupled with stake leasing, lays the groundwork for community-based development and decentralized project management.

Make your money work for you! 💸 Check out the liquidity pools on #Waves offering the highest APRs to date!🚀

L2MP / $XTN 👉https://t.co/g6ENef2Pf4 $WEST / $WAVES 👉https://t.co/4WeqS3yXFT
Waves Index (WIND) 👉https://t.co/kNbnFBViMw
BNB-BSC / $USDT 👉https://t.co/3bkxWCVpyU… pic.twitter.com/O87lz7BZmu

— Waves 🌊 (@wavesprotocol) April 17, 2024

Waves have experienced a notable surge, with its price increasing by 7.61% in the last 24 hours. The coin has demonstrated resilience despite trading slightly below the 200-day Simple Moving Average. 57% of the previous 30 trading days have been positive. Moreover, its high liquidity is indicated by a volume-to-market cap ratio 1.8444. This suggests robust market activity and investor interest in the project’s potential.

3. 99Bitcoins (99BTC)

The launch of 99Bitcoins’ much-anticipated presale for the 99Bitcoins token (99BTC) has sparked significant excitement within the crypto community. The presale’s strong start, raising over $400,000 within a week, highlights the community’s enthusiasm for this educational initiative. It is fundamentally transforming crypto education by introducing its Learn-to-Earn model. Users earn cryptocurrency rewards by completing educational courses, fostering active participation and engagement.

🌟 Over 252 million $99BTC tokens are currently staked on our platform!

Don't miss out on our impressive APY of over 4000%. Stake now and earn passive rewards! 🚀

Start staking: https://t.co/NXD7DAamqr#99Bitcoins #Presale #BTC #Bitcoin pic.twitter.com/0eGEN5lgTs

— 99Bitcoins (@99BitcoinsHQ) April 18, 2024

Furthermore, 99Bitcoins is hosting a grand event with a generous $99,999 Bitcoin (BTC) Airdrop for its dedicated community. Scheduled for Jul 19, 2024, the airdrop will award 99 fortunate winners a share of the substantial prize pool. This presents an enticing opportunity for participants, complemented by the attractive rewards of the presale. Moreover, with an appealing staking APY exceeding 4000%, the airdrop presents a lucrative opportunity for crypto lovers.

At just $0.00101, the 99BTC token presents an enticing opportunity for early adopters. It allows them to participate in a potentially transformative crypto-education project. With a multi-stage structure, the token’s value is poised to appreciate over time as funding goals are achieved. As the presale progresses towards its $11 million cap, investors are eager to secure discounted 99BTC tokens before subsequent price increases. This token can be purchased using ETH, USDT, or BNB, as well as fiat currencies via debit or credit card.

Visit 99Bitcoins Presale

4. Jito (JTO)

Jito Network, represented by the JTO coin, plays a vital role in the Solana ecosystem. It offers a decentralized protocol enabling users to stake SOL to validators, earning a liquid staking token called JitoSOL. Through MEV products, it addresses Maximum Extractable Value issues, ensuring equitable distribution of profits and enhancing transparency. The Jito Foundation oversees DAO governance, fostering community discourse through JIPs.

JTO holders enjoy various benefits within the network. They can maintain SOL liquidity while earning staking rewards and additional yields from MEV extraction on Solana. Token holders wield significant influence over decisions that shape the network’s trajectory. They have authority over crucial aspects such as fee setting, delegation strategy updates, and treasury management. Moreover, they contribute to ongoing protocol and product development, aligning with the needs of the Solana ecosystem.

https://t.co/NYpwo4eSK7

— Jito (@jito_sol) April 17, 2024

At $2.74, Jito displays resilience in its pricing, augmented by a 2.98% surge within the past 24 hours. Despite its relatively modest market dominance of 0.01%, the coin has shown consistent positive performance. It has recorded 14 green days in the last 30, accounting for 47% of the period. This stability is further underscored by its 30-day volatility, which remains below 30% at 16%. Moreover, Jito boasts substantial liquidity, evidenced by its impressive volume-to-market cap ratio of 0.9226. With a market cap of $322.75 million and a 24-hour trading volume of $297.77 million, Jito presents a compelling investment opportunity.

5. Injective (INJ)

Injective, a blockchain tailored for finance, empowers next-gen DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, and lending protocols. Its robust infrastructure, including a decentralized MEV-resistant on-chain order book, supports various financial markets entirely on-chain. Injective ensures instant transaction finality and sustains lightning-fast performance, exceeding 10,000 TPS. It achieves this by leveraging the Cosmos SDK and Tendermint-based Proof-of-Stake consensus mechanism.

INJ is trading at $26.26, with a 3.89% increase in the last 24 hours and a remarkable 198% surge over the past year. It trades 137.31% above the 200-day SMA, indicating robust market performance. However, the 14-day RSI at 79.76 suggests a slightly overbought status. With 50% positive trading days in the last 30, it boasts low volatility at 13%. Additionally, INJ demonstrates high liquidity with a volume-to-market cap ratio of 0.3054, reflecting sustained investor interest.

INJ 3.0 is coming to Injective to bring the ultimate upgrade to Injective tokenomics, making $INJ the most deflationary asset to date.

The new proposal would directly reduce the supply of INJ at a rapid rate. The gov discussion is now live on the Injective forum. pic.twitter.com/sdjaaq4iWt

— Injective 🥷 (@injective) April 15, 2024

A few days ago, Injective unveiled its INJ 3.0 proposal. The aim is to decrease on-chain parameters related to creating new INJ tokens, thereby enhancing its deflationary nature. With governance discussions underway, Injective aspires to become one of the most deflationary cryptocurrency assets, akin to Bitcoin. Notably, plans for voting by Apr 19 signify a crucial step towards this goal. It aims to establish a sustainable ecosystem by balancing incentives for participation and token scarcity. This approach rewards early supporters while enticing new participants, ensuring adaptability and resilience.

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• Biggest Crypto Gainers