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In a market characterized by rapid fluctuations, today’s top crypto gainers offer noteworthy double-digit price increases. Tokens like JUST, Curve DAO Token, Loopring, and PancakeSwap have shown notable growth, fueled by strong market demand and strategic developments. These gains are beyond random spikes; they reflect underlying technical factors such as liquidity metrics, governance structures, and recent protocol innovations. As we explore each asset’s performance, it becomes clear that understanding these drivers can offer investors valuable insights into their future potential.
Biggest Crypto Gainers Today – Top List
Today’s top crypto gainers show impressive technical momentum, fueled by significant developments driving their growth. JUST surged by 55.89% in the last 24 hours, following a major boost in its total value locked (TVL), surpassing $17.9 billion. Curve DAO Token rose by 14.07%, spurred by the integration of scrvUSD with Spectra Finance, introducing new yield-generating tools.
Loopring saw a similar 14.07% increase, driven by its multi-network DeFi DApp launch and the innovative Layer 3 protocol. PancakeSwap gained 9.5%, following the strategic burn of 9.5 million CAKE tokens, reducing supply and increasing prices. Let’s dive into the details behind these moves and assess the market trends shaping their trajectory.
1. JUST (JST)
JUST, a powerhouse in the TRON blockchain’s DeFi ecosystem is leading the charge for today’s top crypto gainers. At the heart of JUST is an innovative two-token system—USDJ, a stablecoin pegged to the US dollar, and JST, the fuel-driving governance, stability fees, and platform enhancements. Together, they form the backbone of a suite of products designed to offer seamless financial solutions to TRON users, making JUST an essential player in decentralized finance.
Not stopping there, JUST recently celebrated a milestone that turned heads in the crypto world. Its total value locked (TVL) skyrocketed past $17.9 billion, with JustLend, its money market protocol, anchoring over $10 billion. As a result, JST’s price surged an eye-popping 55.89% in just 24 hours, climbing to $0.063811. High liquidity, with a market cap ratio of 1.0824, adds to the buzz, drawing in investors eager to take advantage of this opportunity.
🎉 #JustDeFi hits a new milestone with TVL exceeding $17.9 billion! 🚀
💪 Focused on #TRON-based #DeFi protocols, #JustDeFi aims to provide users with all-in-one financial solutions.
👏 Your support drives us forward. Learn more at https://t.co/LtExiRtium! pic.twitter.com/zu5C3kWe4p
— JUST Foundation (@DeFi_JUST) December 4, 2024
However, there are hints of caution in the mix. The 14-day RSI sits at 82.47, signaling JST may be overbought and ripe for a pullback. But with 20 green days in the last 30 and trading 101.54% above its 200-day SMA, it’s clear this token has more than a few tricks up its sleeve. For those seeking opportunity, JST’s low volatility of 11% makes it a stable yet dynamic contender.
2. Curve DAO Token (CRV)
Taking the second spot on today’s list of top crypto gainers is Curve DAO Token, a cornerstone in the world of decentralized exchanges (DEXs). Curve is renowned for its efficient automated market maker (AMM) system, specifically tailored for stablecoin trading, and its governance token, CRV, plays a pivotal role in its ecosystem. By rewarding liquidity providers and empowering platform governance, CRV is integral to Curve’s thriving DeFi community.
A recent development driving attention is the integration of scrvUSD with Spectra Finance. This launch introduces new yield-generating tools, including fixed-rate options and discounted crvUSD. These innovations enhance utility for investors and liquidity providers, aligning closely with CRV’s current market momentum and bolstering its long-term appeal.
Now live – scrvUSD of @CurveFinance on Spectra!
Unlocking new use cases:
• Fixed rate on scrvUSD for predictable yield
• Leveraged yield exposure
• crvUSD at a discount (~7% OFF)
• Enhanced yield for liquidity providersHow it works and how to get started ↓ pic.twitter.com/TY8OdkR9GJ
— Spectra (@spectra_finance) December 3, 2024
Currently priced at $0.949467, CRV boasts high liquidity, with a volume-to-market-cap ratio of 1.9837. However, its RSI at 70.29 signals an overbought state, hinting at potential short-term corrections. Despite this, 73% of green days over the last month highlight sustained positive sentiment, while volatility remains moderate at 38%.
Long-term metrics show strength, with CRV trading 164.15% above its 200-day SMA and gaining 59% over the past year. This combination of consistent growth and innovative functionality makes CRV attractive to both short-term traders and long-term DeFi enthusiasts seeking stability and yield potential.
3. Pepe Unchained (PEPU)
Pepe Unchained has captured the spotlight as one of the most successful presales of 2024, raising over $69 million with just 9 days left. This surge in interest signals a strong vote of confidence from investors. As the presale nears its end, the project’s affordability, priced at $0.01295, presents a timely opportunity to enter an exciting new meme coin with a purpose.
There is a new king in town. pic.twitter.com/ov0TNSvyFY
— Pepe Unchained (@pepe_unchained) November 29, 2024
What sets Pepe Unchained apart is its innovative use of a Layer-2 blockchain, Pepe Chain. By offloading traffic from Ethereum, it solves major issues such as congestion and high gas fees. This scalable and fast solution is advertised as 100x faster than Ethereum, offering a smooth experience for users, especially in times of market volatility. The focus on efficiency and cost-effectiveness gives Pepe Unchained a competitive edge in the crowded meme coin market.
Moreover, the project’s dedication to sustainability is evident in its unique features like the Pump Pad and the “Frens With Benefits” program. These tools empower the community, making creating, trading, and developing new meme coins and dApps easier. This approach is designed to foster long-term growth, attracting investors and developers to build within the Pepe ecosystem.
The hype is palpable, with whale investors pushing the presale to new heights. For those looking to capitalize on a meme coin with practical utility and explosive potential, Pepe Unchained is an opportunity that should not be overlooked.
4. Loopring (LRC)
Loopring, the third token on today’s list, emerges as a fascinating force in the world of decentralized exchanges. Seamlessly blending the best of centralized efficiency with decentralized security, it operates on Ethereum, offering a protocol that reduces inefficiencies while eliminating custodial risks. Moreover, its hybrid approach bridges the gap between CeFi and DeFi, positioning it as a unique project in the crypto space.
In an exciting development, Loopring unveiled its multi-network DeFi DApp, enhanced by the revolutionary Layer 3 protocol. Notably, this innovation brings centralized exchange liquidity directly to self-custodial wallets, redefining accessibility. Deployed on the Taiko network, this ambitious expansion speaks volumes about its commitment to scalability and usability. Unsurprisingly, this milestone aligns closely with its impressive market activity.
In just 24 hours, LRC soared by 14.07%, driven by high liquidity with a 0.5112 volume-to-market cap ratio. However, the story doesn’t end there—its RSI at 74.11 hints at an overbought status, suggesting potential short-term pullbacks. Even so, with 67% green days in the past month and volatility contained at 25%, Loopring’s performance remains solidly on track.
Catch up on the Loopring ecosystem with our recently published Q3/2024 Update:
🔹Loopring is now Multi-Network with L3 launch
🔹Loopring DeFi is NOW LIVE on @taikoxyz
🔹upcoming promotional campaigns
🔹much moreFull blog here →https://t.co/ay0aPyiSNk
— Loopring💙 (@loopringorg) November 26, 2024
Looking further ahead, Loopring dazzles long-term investors by trading an 80.02% above its 200-day SMA. Its 29% year-on-year price gain underlines resilience, even as it outperformed fewer top assets. For those seeking innovation-driven growth, Loopring offers an intriguing entry point into the evolving DeFi frontier.
5. PancakeSwap (CAKE)
PancakeSwap wraps up today’s top crypto gainers, standing out as a versatile DeFi platform originally built on the BNB Chain. With offerings like token swapping, staking, yield farming, and even a gaming element through Pancake Protectors, PancakeSwap continues to innovate. Its recently launched SpringBoard tool simplifies token creation and launch, boosting its appeal to developers and investors.
In a significant development, 9.5 million CAKE tokens worth $28 million were recently burned, reducing supply and potentially fueling the price surge. This, alongside increased trading fees in its AMM V2 and V3 platforms, demonstrates growing usage. PancakeSwap’s SpringBoard feature further enhances its ecosystem by enabling fair and low-cost token launches, strengthening its position in the DeFi space.
🔥 9,497,984 $CAKE just burned – that’s $28M!
💰 Trading fees (AMM V2): 184k CAKE ($549k) +40%
💰 Trading fees (AMM V3): 221k CAKE ($658k) +1%
💰 Trading fees (Non-AMM like Perpetual, Position manager etc): 278 CAKE ($0.8k) -94%
🔮 Prediction: 49k CAKE ($148k) -9%
🎟️ Lottery:… pic.twitter.com/8myUtnCINW— PancakeSwap (@PancakeSwap) December 2, 2024
The token’s recent price performance is impressive, with CAKE trading 69.69% above its 200-day simple moving average (SMA) of $2.15. Over the past year, its price has increased by 53%, outperforming 27% of the top 100 crypto assets by market cap. However, its 14-day RSI stands at 79.53, indicating that CAKE is currently overbought and could face a pullback.
With a market cap-to-volume ratio of 0.4448, PancakeSwap demonstrates strong liquidity. Investors seeking exposure to a robust DeFi platform with growing product offerings may find CAKE attractive, though short-term traders should be cautious due to its overbought condition.
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