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Identifying top gainers is crucial for investors looking for high-performing assets. Today, Uniswap, JasmyCoin, Neo, and BinaryX stand out, each showcasing unique advancements and market trends. While daily gainers often reflect short-term performance, this article delves deeper into broader market metrics. By examining long-term growth, liquidity, and volatility, we offer a thorough analysis. This helps determine if these tokens are solid all-around gainers worth considering for investment.
Biggest Crypto Gainers Today – Top List
The global crypto market is feeling the heat now. Bitcoin recently dropped below $59,000 amid global uncertainties and ETF outflows. Additionally, Ethereum and Solana also saw significant declines, with Ethereum down 20.53% and Solana falling over 19%. Despite these challenges, experts suggest the dip may be brief. They expect a potential rate-cutting cycle could soon lift the market. Nevertheless, in this volatile climate, examining our top gainers might reveal valuable investment opportunities.
1. Uniswap (UNI)
As DeFi continues to reshape finance, Uniswap emerges as a driving force of transformation. Known for its role in facilitating automated trading of DeFi tokens, Uniswap keeps the process open and seamless for anyone holding tokens.
The network’s security is anchored in its decentralized protocol, with UNI serving as the governance token. Being an ERC-20 token, UNI leverages the robustness of the Ethereum network. However, it comes with a bit of challenges—network congestion can lead to elevated gas fees and delays.
Recently, the team announced a collaboration with Across Protocol to develop ERC-7683. This new standard targets L2 fragmentation and boosts cross-chain interoperability. By adopting ERC-7683, Uniswap aims to simplify cross-chain interactions, solve liquidity issues, and enhance user experience.
Currently trading at $5.94, UNI has seen a 2.19% increase in the past 24 hours. With a high liquidity ratio of 0.0502, it’s clear that the market remains actively engaged. The 14-day Relative Strength Index (RSI) sits at 34.94, indicating a neutral stance—suggesting the possibility of sideways trading in the near term. Over the last 30 days, it recorded a balanced performance with 15 green days, amounting to 50% of the time.
If we want cross-chain interoperability, we need to reduce L2 fragmentation
That's why we teamed up with @AcrossProtocol to develop ERC-7683
The first standard for cross-chain intents ✨
— Uniswap Labs 🦄 (@Uniswap) August 28, 2024
Despite its neutral RSI, UNI remains above its 200-day Simple Moving Average (SMA), trading 12.34% higher than the $5.28 benchmark. This positions UNI as a stable contender in the market, with a 35% price increase over the past year. However, it has outperformed only 45% of the top 100 crypto assets by market cap, highlighting that while UNI is strong, the competition remains fierce.
2. JasmyCoin (JASMY)
As the native token of Jasmy Corporation, a leading Internet of Things (IoT) provider based in Tokyo, JasmyCoin is at the forefront of data security. This project is all about giving users control over their data. By combining IoT technology with blockchain, it creates a secure environment for data exchange between devices like computers, cars, and phones.
The unique aspect of JasmyCoin lies in its ability to address key challenges in the digital age. The platform guarantees user confidentiality and gives individuals the right to manage their data. Jasmy’s decentralized infrastructure is designed to prevent data leaks and ensure secure data management.
By leveraging IPFS (InterPlanetary File System) technology, JasmyCoin offers a robust solution for storing and protecting personal data. This approach enhances user trust and also reduces the risk of fraud in transactions.
On the price front, JASMY has seen a modest increase, with its current price at $0.019576, reflecting a 1.39% surge in the last 24 hours. The token exhibits strong liquidity, as indicated by its volume-to-market cap ratio of 0.1563. Despite a moderate 14-day RSI of 50.69, which suggests a neutral stance, the token’s long-term performance has been impressive.
Interestingly, over the past year, JasmyCoin has soared by 452%, outperforming 93% of the top 100 crypto assets by market cap. Additionally, it is trading significantly above its 200-day SMA, with a remarkable 317.45% increase. JASMY is particularly appealing to investors who prioritize privacy, data security, and long-term growth potential in the crypto space.
3. Pepe Unchained (PEPU)
Pepe Unchained has quickly gained traction, raising over $11 million in its ongoing presale, with expectations to surpass $12 million soon. It stands out in the crowded meme coin market by offering more than just hype. It introduces real utility through its layer-2 blockchain, Pepe Chain.
This blockchain is designed to enhance Ethereum’s scalability, allowing for faster transactions and lower fees. The Pepe Chain is touted to be 100 times faster than Ethereum, making it an attractive option for users who want to trade and stake PEPU with minimal transaction costs.
We’ve smashed through $11M! 🐸💪 pic.twitter.com/gmbUxi6JhL
— Pepe Unchained (@pepe_unchained) August 29, 2024
Additionally, the token distribution of PEPU is strategically designed to ensure sustainability and long-term growth. With 20% of the total 8 billion tokens allocated to the presale and 30% reserved for staking, PEPU’s structure aims to mitigate the risk of a typical meme coin crash. Other portions are set aside for marketing, liquidity, and project development.
Notably, staking PEPU offers dynamic rewards, with a current yield of 180%, which could attract users seeking passive income opportunities. Moreover, it’s building a strong community with over 18,000 members across Telegram and X (formerly Twitter), highlighting the growing investor interest in its unique offering. As it expands, PEPU’s blend of functionality, scalability, and community engagement makes it a meme coin with significant long-term potential worth grabbing now.
4. Neo (NEO)
Neo continues to uphold its reputation as a versatile and innovative platform within the blockchain space. Often dubbed the “Ethereum of China,” Neo offers an open-source, decentralized platform that empowers developers to create a wide range of blockchain services and products. It’s about enhancing the ecosystem with tools that cater to various Dapps, from exchanges to digital identity solutions.
Neo’s dual-token system, comprising NEO and GAS, plays a crucial role in network operations. NEO tokens are primarily used for governance, allowing holders to stake their tokens and participate in decision-making processes. Meanwhile, GAS is used to pay for the computational power required to run the network.
Furthermore, the unique combination of Proof of Stake (PoS) and delegated Byzantine Fault Tolerant (dBFT) protocol ensures a secure, democratized governance model. It keeps the network both transparent and resilient against potential threats.
🚀 Over 160 smart contracts have already been deployed on Neo X, and the number keeps climbing! https://t.co/Sxz8DYGs6y pic.twitter.com/CGIERQsDAS
— Neo Smart Economy (@Neo_Blockchain) August 13, 2024
As of today, Neo is priced at $10.12, reflecting a modest 0.17% increase in the last 24 hours. Despite this slight uptick, Neo remains a highly liquid asset, boasting a volume-to-market cap ratio of 0.1375.
Currently, Neo’s 14-day RSI sits at 53.23, signaling a neutral stance with potential for sideways trading. Over the past 30 days, it has experienced 13 green days, with low volatility at 6%. Unfortunately, Neo is currently trading 18.35% below its 200-day SMA of $12.41. However, it has seen a substantial 44% increase over the past year, outdoing nearly half of the top 100 cryptocurrencies by market cap.
5. BinaryX (BNX)
BinaryX, the powerhouse behind the BinaryX ecosystem, has made a significant mark in the GameFi space. The team’s vision is clear: to redefine gaming within the GameFi industry by creating a sustainable economic model and delivering enjoyable gaming experiences.
The BinaryX network, secured by the Binance Smart Chain (BSC), boasts a strong security foundation. BNX operates as a BEP-20 token on BSC, which employs a proof-of-stake consensus mechanism. The robustness of this network was affirmed by an audit from Certik, where BNX scored an impressive 83, indicating a high level of security.
Today, BinaryX is priced at $1.311324, reflecting a 1.20% surge in the last 24 hours. Despite the challenging market conditions, BNX shows high liquidity, with a volume-to-market cap ratio of 0.1755. Interestingly, the 14-day RSI is at 49.65, which places it in neutral territory, suggesting that the price may trade sideways in the near term.
Over the past month, BinaryX has seen positive trading days on 13 occasions out of 30, accounting for 43% of the time. The volatility over the last 30 days has been low, at just 7%, which is significantly below the 30% threshold that typically indicates high volatility. However, it’s important to note that BNX is trading well below its 200-day SMA, currently down by 77.97% from $5.94.
That moment when you find a GameFi gem…💎
It’s like winning the championship! 🏆#GameFi #BinaryX #GamingCommunity pic.twitter.com/hhERQEVa1g
— BinaryX (@binary_x) August 27, 2024
While the current price may seem subdued, the long-term performance of BinaryX tells a different story. Over the past year, this top gainer has skyrocketed by an astounding 586%, besting 93% of the top 100 crypto assets by market cap. BNX is a solid choice for investors seeking exposure to the growing GameFi sector with strong long-term potential.
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