Top Crypto Gainers Today Apr 20 – Sei, Cardano, Fetch.ai, Filecoin

The bitcoin halving has finally arrived, but immediate gains are only sometimes guaranteed. This event that cuts new bitcoin circulation by half usually sparks price hikes. However, JPMorgan predicts a post-halving dip due to overbought conditions and weak venture capital funding.

Experts predict that mining companies may face challenges after the halving, which may lead to relocations and mergers. Companies might focus on enhancing efficiency through shifts, while others could join forces with players. Moreover, following the halving, certain mining firms might consider expanding into areas with energy rates, like Latin America or Africa, to revamp outdated equipment and maximize resources.

Biggest Crypto Gainers Today – Top List

Today’s market presents winners and losers like any other, leaving no coin in limbo. Saga rises victoriously with a notable 28.85% gain, contrasting Toncoin’s -9.69% loss. The trading volume is $585.30B, while the market sentiment remains neutral. With 93% of cryptocurrencies on the rise and 7% facing setbacks, four standout tokens secure their spots as today’s top gainers in our article.

1. Sei (SEI)

Sei transforms Decentralized Exchanges (DEXes) by introducing a sector-specific Layer 1 blockchain architecture. Unlike existing, general-purpose blockchains, Sei prioritizes the technical requirements crucial for high-frequency trading. This includes optimized transaction speed, enhanced reliability, and superior scalability. By addressing these core functionalities, Sei empowers DEXes to compete directly with centralized exchanges on a technical performance level.

With a remarkable block finality time of 390 ms, Sei sets the bar high for speed in blockchain platforms. Moreover, Sei prioritizes security, leveraging battle-tested architectures like Tendermint consensus and WebAssembly (Wasm) to fortify its platform. Beyond performance and safety, Sei distinguishes itself with a strong commitment to environmental sustainability. By striving for carbon neutrality, Sei emerges as the top choice for developers conscious of their ecological footprint.

Happy Halving Day! 🔴 🟠

Today we are reminded of Satoshi's vision that inspired the entire blockchain industry, including platforms like Sei.

Here's to continued innovation and growth! pic.twitter.com/ezxPkTlQGO

— Sei 🔴💨 (@SeiNetwork) April 20, 2024

Sei’s current price analysis provides valuable insights for investors. It is priced at $0.576688, reflecting a 13.40% surge in the last 24 hours. With a market dominance of 0.07%, it holds a modest position in the market. The 14-day Relative Strength Index (RSI) stands at 48.79, indicating a neutral status, potentially leading to sideways trading. Over the last 30 days, 50% of the trading days were positive, with 15 green days. Its 30-day volatility is at a moderate 17%, signaling relatively stable price movements. Moreover, Sei boasts high liquidity, with a volume-to-market cap ratio of 0.1947. Its current market cap is $1.60B, supported by a robust 24-hour volume of $312.17M.

2. Cardano (ADA)

Cardano, a proof-of-stake blockchain platform, aims to enable positive global change. Named after polymath Gerolamo Cardano, it emphasizes decentralized governance through the ADA token. This token, honoring Ada Lovelace, grants voting rights for network operation decisions. Cardano also serves various sectors. Agricultural companies track produce with it, ensuring transparency. Educational institutions securely store credentials, enhancing verification. Retailers combat counterfeit goods, protecting consumers.

Additionally, Cardano’s proof-of-stake implementation reduces energy use. Ethereum’s gradual transition contrasts with Cardano’s rigor in development. This ensures durability and stability through peer-reviewed processes. This commitment to academic scrutiny enhances the platform’s resilience and anticipates potential challenges. These practical applications highlight Cardano’s potential to address real-world challenges. Its robust governance structure ensures sustainability and integrity.

With #Cardano's self-Governance era approaching, it's important that ada holders understand protocol parameters and their impact on the protocol's future.

Check out this deep dive on Cardano Governance by @Hornan7 ⤵️ https://t.co/wv66GE7FmH

— Cardano Community (@Cardano) April 18, 2024

ADA increased by 10.47% in the last 24 hours, reflecting its market resilience. Despite trading below the 200-day SMA by –7.49 %, oversold conditions indicated by a 14-day RSI of 26.36 may signal a forthcoming uptrend. With 50% positive trading days in the last 30 days and a low volatility rate of 12%, Cardano demonstrates stability. Furthermore, ADA boasts high liquidity. Its volume-to-market cap ratio is 0.0564. ADA is supported by its $17.36B market cap and $979.12M 24-hour volume. This gainer sure presents a promising investment opportunity.

3. Mega Dice ($DICE)

Mega Dice is one of the fastest-growing crypto casinos, with over 50,000 active users and a monthly turnover of $50 million. They have a collection of over 4,000 games and a sportsbook that allows users to enjoy different options. Recently, they started a presale for their token, $DICE, on the SOL blockchain. Within hours, it raised over $300,000, showing strong demand, with a price currently at $0.069.

This token aims to reshape the platform by offering daily rewards to users based on casino performance. The Mega Dice team employs various strategies to spur excitement and community engagement, including airdrops to $SOL whales. This approach has accelerated the presale’s pace. With a total supply of 420 million $DICE tokens, the presale allocation constitutes 35%, with additional allocations designated for various purposes.

https://twitter.com/megadice/status/1781025003779084305

As Mega Dice gears up for the DEX launch post-presale, early investors are urged to partake in securing tokens at favorable prices. This presale signifies a major milestone in the crypto market and even the gaming niche. It calls on investors to explore the GambleFi sector on SOL blockchain while offering impressive profitability.

Visit Mega Dice Presale

4. Fetch.ai (FET)

Fetch.ai is a project that aims to democratize AI access. It constructs a decentralized machine-learning network fueled by the FET token. Users can deploy autonomous agents for various tasks, leveraging the network’s global dataset. Additionally, the platform integrates two frameworks: Agent for system building and Open Economics for agent discovery.

Moreover, smart contracts, managed by the Agent Metropolis, facilitate agreements via the WASM virtual machine. The blockchain ensures secure consensus and enables smart contract execution. Ultimately, this architecture supports coordination and governance while allowing users to contribute as learners, sharing machine learning insights securely.

We're proud to announce that we are the Title Sponsor for the Web Weaver #hackathon at @PunePict organized by @IEEEorg! 🙌

Participants are challenged to use our Agents to create a unique #AIAgent solution, including an external integration! 🔌

🗓️ April 19th-21st 2024 pic.twitter.com/XcrSvmAZ6z

— Fetch.ai (@Fetch_ai) April 18, 2024

This top gainer stands tall with a price of $ 2.19, showing a surge of 11.21% in the last 24 hours. It has recorded an impressive price growth of 498% in the past year. Currently, FET is trading at 151.19% above the 200-day SMA, which is $ 0.869975. In the last 30 trading days, 53% were positive, contributing to moderate market stability. FET shows resilience with a 30-day volatility rate of 14% and a liquidity ratio of 0.3221. It is supported by a market cap of $ 1.50B and a 24-hour volume of $ 484.30M.

5. Filecoin (FIL)

Filecoin, a decentralized storage system, raised $205 million in an ICO in 2017. Initially planned for mid-2019, its mainnet launch was delayed until block 148,888 in mid-October 2020. Operating as an incentive layer for the Interplanetary File System (IPFS), Filecoin uses its native currency, $FIL, for transactions on its blockchain. Governed by the community, Filecoin allows developers to create cloud file storage services akin to Dropbox or iCloud.

In the digital storage arena, Filecoin challenges the dominance of Google Cloud and AWS. Its rise emphasizes innovation and democratization in data storage. However, despite its potential, the value of FIL has recently declined, showing a lack of optimism. Grayscale’s study supports Filecoin’s ascent, highlighting its role in the web services sub-sector. As Filecoin gears up for its Halving event, slated for Apr 20, 2024, its supply dynamics are expected to undergo significant changes, potentially impacting its future trajectory.

Filecoin News is back with 85!

Check out the latest:
🫸 Upgrade v1.26.2 postponed
🖼️ @NFTdotStorage announces launch of a DAO
🚀 @_DSAlliance announces advancements in zk proof computation
🌐 dive into the power of decentralized compute @FilFoundationhttps://t.co/gZUKHnHmpe

— Filecoin (@Filecoin) April 18, 2024

The current price of Filecoin sits at $ 6.23, with a spike of 7.65% in the last 24 hours. Over the past year, it has seen an 11% increase in price. Trading 3.36% above the 200-day SMA at $ 6.02, Filecoin maintains a neutral stance with a 14-day RSI of 66.12. Despite a 50% positivity rate in the last 30 days, its 30-day volatility is 16%. With a liquidity ratio of 0.1779, Filecoin boasts a market cap of $ 3.37B and a 24-hour volume of $ 598.61M.

Read More

• Biggest Crypto Gainers

Smog (SMOG) - Meme Coin With Rewards

Rating

• Airdrop Season One Live Now
• Earn XP To Qualify For A Share Of $1 Million
• Featured On Cointelegraph
• Staking Rewards - 42% APY
• 10% OTC Discount - smogtoken.com

Visit Site