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In a market where security breaches can devastate cryptocurrencies, the resilience of our selected top gainers stands out. According to a recent Immunefi report, over 77.8% of hacked tokens struggle to recover. More than half lose over 50% of their value within six months. However, these gainers are fortified with strong security measures. This makes them not just today’s gainers but also well-secured projects that inspire confidence in an increasingly vulnerable space.
Biggest Crypto Gainers Today – Top List
In a market brimming with crypto options, today’s top gainers showcase impressive performance and potential. Streamr leads with a 29.73% increase, redefining data economics through its innovative peer-to-peer platform. Livepeer follows with an 11.55% rise, leveraging blockchain technology to disrupt traditional broadcasting. Pendle stands out with a 9.11% gain, offering a fresh approach to yield tokenization in DeFi.
Meanwhile, The Graph grows by 7.80%, driving advancements in decentralized indexing. Additionally, Base Dawgz, though not among today’s top gainers, is worth investing in, thanks to its unique multichain strategy and appealing staking rewards. Let’s learn why these tokens capture attention and how they might shape your investment portfolio.
1. Streamr (DATA)
Streamr is on a roll today, surging by 29.73% in the last 24 hours to reach $0.046699, making it the highest gainer among the top gainers. This surge has sparked interest, and there’s much more to Streamr than just today’s price movement.
Streamr transforms the data economy by tokenizing information through a P2P infrastructure, making it accessible via its marketplace and data unions. Built for DApps, IoT devices, and the emerging Web 3.0, Streamr is set to be a crucial protocol in this space.
Unlike some other projects, it operates on an off-chain network, significantly reducing the risk of scalability and bandwidth issues. The Streamr team smartly focuses on optimizing network technologies rather than building a unique blockchain. This flexibility means that if Ethereum’s capabilities fall short, they can easily transition to another blockchain.
Security is paramount for Streamr. Smart contracts ensure data integrity by overseeing transfers, controlling storage, and managing workloads. The platform encrypts data, allowing owners to hold the keys and decide who can access their information.
📣Remember this@streamr #P2P tech is going to disrupt live video streaming 💯
“Streaming distribution is costly🫰…Utilizing #Streamr technology to do the last mile of video delivery, we can potentially cut down the distribution costs to a fraction of the current model”$DATA
— Bonjovo♦️ (@Bonjovo_EU) August 21, 2024
Streamr’s market performance today is just as impressive as its technology. With a volume-to-market cap ratio of 3.4906, liquidity is high, indicating strong trading activity. The 14-day Relative Strength Index (RSI) is at 57.70, suggesting a neutral market sentiment and potential sideways trading. Additionally, the 30-day volatility is low at 11%, reflecting stability in its recent price movements.
Furthermore, its price has increased by 115%, outshining 65% of the top 100 crypto assets. Although it’s trading slightly below the 200-day SMA, this long-term performance shows Streamr’s strength in the market.
2. Livepeer (LPT)
Livepeer shines as today’s second-highest gainer, with its price surging by 11.55% in the last 24 hours to stand at $12.70. This impressive movement reflects the unique value that Livepeer brings to the crypto space. As the first fully decentralized live video streaming network protocol, Livepeer offers a powerful alternative to traditional broadcasting solutions.
The platform leverages blockchain technology to reshape the broadcasting industry. It’s open-source, allowing users and developers to manage and enhance the platform freely. Livepeer’s mission is clear: to drive the broadcasting industry forward by enabling high-quality video content through decentralized computing power. And it’s succeeding.
Furthermore, the platform supports pay-as-you-go content consumption, auto-scaling social video services, uncensorable live journalism, and even video-enabled DApps. Security is another area where Livepeer excels. Built on the Ethereum blockchain, it uses a modified Delegated Proof-of-Stake (DPoS) consensus mechanism. Plus, it benefits from Ethereum’s established DApp ecosystem, which boosts its usability.
Livepeer is one of the largest, most reliable and affordable decentralized networks of compute on the market, transcribing millions of minutes of video every week and now providing AI-ready compute specifically for generative video development with Livepeer AI.
Learn more…
— Livepeer (@Livepeer) August 20, 2024
The recent price movement of LPT further solidifies its position. With a strong liquidity ratio of 0.3015, it is well-supported in the market. The 14-day RSI is at 44.63, indicating the token is currently neutral, which suggests it might trade sideways in the near term. However, with a 30-day volatility of just 15%, Livepeer is showing stability.
Even more impressive is how it has performed over time. It’s trading 105.71% above its 200-day SMA, which is a significant indicator of its upward momentum. Over the past year, LPT’s price has increased by 90%, outperforming 59% of the top 100 crypto assets.
3. Base Dawgz (DAWGZ)
Base Dawgz is gaining attention as its presale approaches the $3 million mark. With a Shiba Inu-inspired avatar and a solid foundation on the Base blockchain, this meme coin has positioned itself as more than just another trend. It offers faster transactions and lower fees, making it a practical choice for those navigating the often congested crypto space.
GM $DAWGZ and welcome to a new week!
We are so close to reaching $3M! Just a small push and we'll be there 🪂 pic.twitter.com/PS9UGfwhMb
— Base Dawgz (@BaseDawgz) August 19, 2024
One of the standout features of Base Dawgz is its multichain approach. While it’s primarily based on the Base network, $DAWGZ will also be available on Ethereum, Solana, Binance Smart Chain (BSC), and Avalanche. This broadens its appeal and ensures liquidity across various platforms. Additionally, the project offers staking rewards of up to 803%, encouraging long-term participation and helping to stabilize its value.
With a growing community of over 5,000 followers on X and around 8,000 members on Telegram, Base Dawgz is quickly building momentum. The presale is still open, providing an opportunity to invest before $DAWGZ makes its market debut. For those interested in the meme coin space, Base Dawgz presents a project worth considering.
4. Pendle (PENDLE)
Pendle is today’s third-highest top gainer, with its price climbing 9.11% to $3.08. The protocol stands out for its focus on tokenizing and trading future yield, offering a fresh approach to managing yield-generating assets.
Pendle’s uniqueness lies in its ability to separate ownership of an asset from its future yield. This feature opens up new possibilities for traders and liquidity providers, allowing them to sell future yields for immediate liquidity or speculate on it. These options offer flexibility and cater to different financial goals, making Pendle a noteworthy advancement in the DeFi ecosystem.
Like all the top gainers in our list today, security is also a critical aspect of Pendle’s design. The protocol has undergone thorough audits by reputable firms to ensure the integrity of its smart contracts and code. In response to past challenges, Pendle has implemented additional safeguards, including enhanced operational security and continuous monitoring. The open-source nature of its codebase also invites community involvement in strengthening its security.
Pendle’s market performance reflects its solid foundation. The token shows high liquidity, with a volume-to-market cap ratio of 0.2673, ensuring steady trading activity. The 14-day RSI at 48.46 suggests that it is currently neutral, with potential for sideways movement. Despite this, Pendle’s 30-day volatility is low at 18%, indicating relative stability.
Looking at its long-term performance, Pendle is trading 293.85% above its 200-day SMA, pointing to a strong upward trend. Furthermore, over the past year, its price has risen by 427%, indicating its significant growth and standing within the DeFi space.
5. The Graph (GRT)
The Graph has made a notable move today, rising by 7.80% to reach $0.161894. While it’s the least gainer among the top tokens, its performance still grabs attention.
The Graph is a cutting-edge indexing protocol designed for querying data from networks like Ethereum and IPFS. It powers numerous applications in DeFi and the Web3 ecosystem. With it, anyone can build and publish open APIs, called subgraphs, to retrieve blockchain data using GraphQL.
What makes The Graph stand out? It brings reliable decentralized infrastructure to the forefront. It uses its native token, GRT, which is essential for indexing and curating services within the network. Indexers, Curators, and Delegators lock up GRT to earn rewards based on their work and stake. Indexers receive rewards from indexing and query fees, Curators earn from query fees, and Delegators gain from the income of their chosen Indexers. Furthermore, the Graph offers robust security. Indexers can use their own Ethereum archive nodes or rely on third-party services like Infura and Alchemy.
Arbitrum Nova 🤝 The Graph@Arbitrum Nova mainnet is now available in Subgraph Studio 🧡
Arbitrum Nova devs can now build subgraphs and use them to create fast, performant frontends for Nova dapps ⚡
Start building now ⬇️https://t.co/my4sxycsH7 pic.twitter.com/LhAkDcJGgg
— The Graph (@graphprotocol) August 20, 2024
In terms of market performance, GRT shows high liquidity with a volume-to-market cap ratio of 0.0543. The 14-day RSI is at 42.34, indicating a neutral market sentiment and potential sideways trading. The 30-day volatility stands at 15%, suggesting moderate price swings. Additionally, The Graph is trading 38.13% above the 200-day SMA, highlighting its strong long-term performance. Over the past year, the price has surged by 75%, outperforming 56% of the top 100 crypto assets by market cap. Although it’s the least top gainer today, GRT’s impressive performance metrics and annual growth still make it a major player in the crypto market.
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