Top Crypto Gainers Today Apr 28 – ZetaChain, Optimism, Illuvium, Arweave

Today, in the crypto market, the total market capitalization is seen to have soared to $2.40 trillion. Meanwhile, Bitcoin is trading at $63,935 after a 1.45% increase in the last 24 hours, solidifying its market cap at a whopping $1.26 trillion. It currently maintains a dominant position with a market dominance of 52.56%.

However, the news on Saturday was not so rosy for Bitcoin. Its price experienced a slight dip to $62,801 from $63,476 after the Depository Trust and Clearing Corporation (DTCC) declared its decision not to allocate collateral to cryptocurrency-linked exchange-traded funds (ETFs), effective Apr 30, 2024. Despite regulatory setbacks, Bitcoin’s bounce back today echoes broader market confidence and stability.

Biggest Crypto Gainers Today – Top List

In today’s market, 22% of cryptocurrencies are on the rise, with Ethereum Name Service leading with a remarkable 16.19% gain in the last 24 hours. Meanwhile, Kaspa takes the spotlight as today’s top loser, suffering a significant loss of -6.97% over the same period. These fluctuations reflect the volatile nature of the cryptocurrency market, presenting both opportunities and risks for investors. With this in mind, let us explore and see the investment opportunities within our top crypto gainers for the day.

1. ZetaChain (ZETA)

ZetaChain is a Layer 1 blockchain that promotes interoperability among various chains. It facilitates seamless cross-chain value transfer and message delivery. With native omnichain smart contract support, developers effortlessly create omnichain dApps that operate across multiple networks. Furthermore, ZetaChain’s chain-agnostic connectivity extends to non-smart-contract chains like Bitcoin and Dogecoin. This enables safe native value transfer across diverse ecosystems.

In recent news, ZetaChain has launched a program to drive the development of decentralized applications (dApps) and protocols on its blockchain. This initiative sets aside 5% of the total ZETA token supply for promising projects, with a dedicated 1% for Bitcoin integration efforts. Moreover, the program aims to provide more than just financial support. It plans to offer comprehensive assistance through grants, incentives, and community initiatives. Additionally, it focuses on integrating Bitcoin into gaming and social networking platforms.

Today, we’re excited to announce 5% of total ZETA supply to power the next generation of native Bitcoin applications! Learn more about our omnichain ecosystem growth program and apply here: https://t.co/qHpE0OAU56

— ZetaChain (@zetablockchain) April 25, 2024

In light of these developments, ZetaChain’s price dynamics are gaining significance. Notably, with 11 green days in the last 30, the project’s current price of $1.304843 catches attention. A 24-hour percentage increase of 14.26% amid fluctuating prices adds to its appeal. Despite trading below the 200-day SMA, indicating a downtrend, recent initiatives could sway market sentiment positively. While the overbought 14-day RSI hints at potential correction, the project’s long-term growth prospects remain compelling. Moreover, its high liquidity and volume-to-market cap ratio of 0.0936 offer reassurance.

2. Optimism (OP)

Optimism is a layer-two blockchain built atop Ethereum, leveraging optimistic rollups to scale the ecosystem. It also benefits from Ethereum’s security. With over $500 million in total value locked (TVL), Optimism hosts prominent protocols like Synthetix (SNX), Uniswap (UNI), and Velodrome (VELO). Users can seamlessly engage with Optimism by bridging tokens from Ethereum to its layer-two solution. Hence, this process enhances scalability and usability.

In the latest news, Zeeve, a Rollups-as-a-Service (RaaS) platform, has launched the ‘OP Stack Launchpad.’ This platform empowers developers to launch an Optimistic Rollup DevNet effortlessly. It allows them to experiment with configurations, bridging the gap between concept and deployment. The launchpad streamlines the development journey with integrated features like block explorers, cross-chain bridging, and professional support. It makes it accessible to startups and enterprises alike.

Looking to build on the Superchain? https://t.co/E9eohhlN23

— Optimism (@Optimism) April 26, 2024

Optimism’s price is $2.65, surging 14.45% in 24 hours and rising 21% over the past year. Trading above the 200-day SMA at $1.598170, it shows strength with a neutral 14-day RSI of 56.88. Despite the potential sideways movement, 40% of the last 30 days were positive, highlighting resilience. Optimism remains poised for growth with a stable 18% 30-day volatility and high liquidity, reflected in a volume-to-market cap ratio of 1.3827. Its market cap is $566.79M, with a 24-hour volume of $783.70 M.

3. WienerAI (WAI) 

WienerAI, the latest dog-themed meme coin, operates on the Ethereum blockchain, attracting attention with its unique fusion of a Wiener dog, AI, and sausage. WienerAI has a roadmap that is segmented into three stages. It is currently navigating its initial phase, marking token audits, presale launches, and social media expansion.

In subsequent stages, WienerAI will focus on fortifying the “Sausage Army” and refining its token infrastructure for enhanced Ethereum network integration. Ultimately, the project aims to conclude with the official launch of the $WAI token on crypto exchanges, marking a significant milestone.

Regarding token distribution, WienerAI plans to allocate 3,938 tokens per Ethereum block, with distribution scheduled over two years. The $WAI token, utilizing modular technologies, holds promise for blockchain upgrades, although the specifics remain unclear. Despite this uncertainty, WienerAI’s transparent token distribution stands out. 

Don't keep your dog on a leash.

LET IT FLY 🚀 pic.twitter.com/ofLP1CxPxT

— WienerAI (@WienerDogAI) April 28, 2024

WienerAI offers a lucrative investment with over 1,900% annual yield for staking $WAI tokens. This has sparked significant investor interest, as shown by the $540,000 presale accumulation. Prospective investors with diverse payment options can obtain $WAI tokens at $0.000701 during the presale. With 73% of presale tokens staked, WienerAI reflects robust investor confidence. Various purchasing avenues like ETH, USDT, BNB, or card payments further enhance its accessibility.

Visit WienerAI Presale

4. Illuvium (ILV)

Illuvium introduces a pioneering open-world fantasy battle game, celebrated as Ethereum’s inaugural AAA title. It offers a captivating blend of open-world exploration and player-versus-player (PVP) battles. Ethereum’s inaugural AAA game, Illuvium, targets casual gamers and hardcore DeFi enthusiasts. It integrates blockchain technology into a full-fledged video game accessible through a downloadable desktop app.

The ILV token serves as the primary currency within the Illuvium ecosystem, facilitating various use cases and interactions. Players are rewarded with ILV for in-game achievements and participation, granting them access to the Illuvium Vault. Also, its holders participate in governance through the Illuvium decentralized autonomous organization (DAO), shaping the game’s future. This gainer integrates DeFi elements like yield farming and the IlluviDEX DEX platform, offering players more ways to engage and earn rewards.

⚔️ Rangers, the hunt draws near! Just 3 days to go until Private Beta 4 launches. Are you enlisted for the challenge? Secure your spot and get ready to hunt Illuvials across the Overworld! 🌍🏹

Register here! 👇 #Illuvium #PrivateBeta4 #AdventureAwaits pic.twitter.com/VEYxcyteh4

— Illuvium (@illuviumio) April 27, 2024

Analyzing Illuvium’s metrics reveals insights for investors. With a current price of $105.03 and a 10.57% surge in 24 hours, ILV shows short-term growth. Its impressive 97% increase over the past year suggests long-term potential. Trading above the 200-day SMA at $65.52, Illuvium shows strength. Despite fluctuations, 43% of the last 30 days were positive, indicating resilience. With a 30-day volatility of 14%, it offers stability. High liquidity, reflected in a volume-to-market cap ratio of 0.0598, enhances its appeal, providing ample trading opportunities.

5. Arweave (AR)

Arweave aims to reshape how information is stored and accessed online. It is a decentralized storage network focused on providing indefinite storage for data. It operates as a collectively owned hard drive, hosting the “permaweb” – a permanent, decentralized web. Also, it ensures data integrity and accessibility for generations to come, promising a paradigm shift in digital preservation.

The network employs a proof of access mechanism to validate transactions and utilizes Blockweave technology for enhanced scalability. Data verification is streamlined, with each block linked to the previous two, akin to a spider’s web. This design reduces the need to verify all past data, only necessitating validation of a randomly chosen block. It collaborates with startups, offering free storage and support through incubators and the “Boost” program.

Are you ready to help unlock the Permaweb, anon?…

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Details ⬇️ pic.twitter.com/2VTCKznefx

— Developer DAO (🧱, 🚀) (@developer_dao) April 25, 2024

Examining Arweave’s price trajectory provides exciting insights. Its current price is $35.34, indicative of a 12.26% surge in the last 24 hours. Over the past year, it has had a remarkable 349% price increase, showing its significant long-term potential. It is trading well above the 200-day SMA at $6.37, exhibiting strong market performance. Despite recent fluctuations, 47% of the last 30 days saw positive trading. Moreover, boasting a 30-day volatility of 13% alongside high liquidity, AR offers stability and abundant trading prospects.

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