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Today’s top gainers, including Beam, Bitcoin Cash, Helium, and Chainlink, each offer unique opportunities. Beam fosters collaboration in gaming, while Bitcoin Cash tackles scalability for fast transactions. Helium incentivizes miners for IoT networks, and Chainlink leads smart contract networks. Additionally, eTukTuk’s surge highlights its role in climate change solutions and urban mobility.
Biggest Crypto Gainers Today – Top List
In addition to the top gainers, Dogwifhat has shown outstanding growth, soaring by 7,029.49% in the past year. On the red side of the market, ApeCoin is today’s biggest loser, experiencing a decline of -71.79% over the same period. Meanwhile, Sponge V2 presale gains traction with a promising annual reward rate of 199%.
Today, Dogwifhat’s price sits at $0.336758, with a 24-hour trading volume of $ 519.88 million and a market cap of $335.47 million. Similarly, Sponge V2 presale continues to attract attention amidst the crypto community.
1. Beam (BEAM)
Beam (BEAM) thrives in the gaming ecosystem, enabling collaboration between developers and gamers. Its token, BEAM, fuels network operations and governance through the Merit Circle DAO.
As at early December 2023, BEAM surged 277% in six weeks following chain migration and GameFI recovery. The bullish momentum was triggered by Beam’s partner, Merit Circle (MC), announcing a strategic partnership with Pantera Capital, another big player in the crypto space. Recent announcement shows that 91% of all MCs have migrated to BEAM. The impact of this event has indeed been felt by the Beam ecosystem.
The recent acquisition of Join enhances Beam’s utility. Through it, users can make direct purchases from Amazon and Shopify in the Beam wallet. This expansion could attract more users and drive adoption.
More than 91% of all $MC has been migrated to $BEAM.
Did you already migrate yours? It'll only take a few minutes.https://t.co/bbGzJ7j9ug gets you going! pic.twitter.com/A2rqu9blfo
— Merit Circle (@MeritCircle_IO) February 10, 2024
Beam’s value has risen by 25.57% in the past day, showing increased investor interest and positive market sentiment. Additionally, Beam has experienced 14 profitable days out of the last 30, constituting 47% of the period. With its current price at $0.026509, Beam’s upward trend suggests the potential for continued expansion.
The top gainer is trading near its all-time and cycle highs, with high liquidity on Binance. Beam presents itself as a promising investment opportunity for investors looking to grow their portfolio. However, investors must remain vigilant and monitor future events that may impact price actions.
2. Bitcoin Cash (BCH)
Birthed through a contentious split in the Bitcoin community, Bitcoin Cash (BCH) has been addressing scalability issues. Unlike Bitcoin, BCH supports a larger block size, enabling swift transactions.
The top gainer facilitates peer-to-peer transactions with censorship resistance. This offers a viable alternative for everyday transactions due to its lower costs and improved speeds.
Recent developments suggest BCH’s resilience in the market. Despite an initial dip following the spot ETF approval alongside Bitcoin, BCH has shown signs of recovery. Analysts are anticipating potential gains leading up to the next Bitcoin halving event.
Over the past year, BCH has demonstrated robust growth, outperforming a significant portion of the top 100 crypto assets. Currently trading at $270.08, BCH maintains a strong liquidity profile and remains above its 200-day moving average.
Although BCH has experienced price volatility, market sentiment appears bullish. The current sentiment leans towards positive expectations for its future performance. With a Fear & Greed Index of 71, investors appear optimistic.
3. Helium (HNT)
Helium leads the charge in developing a decentralized wireless network for IoT devices. Initially, it employed its own blockchain but has voted to migrate to Solana.
Built on community support, Helium relies on node operators who deploy hotspots. Hardware miners secure the network and earn HNT tokens via Proof-of-Coverage (PoC). Helium’s token has a total supply of 223,000,000, with 160,875,442 in circulation, allocated for infrastructure, investors, and network costs.
The top gainer has its focus on extending internet connectivity to underserved areas. To do this, Helium rewards miners with HNT for their contribution to network security. Currently priced at $8.14, with a 24-hour trading volume of $12.88M and a market cap of $1.31B, HNT has seen a 4.41% increase.
Having reached its all-time high of $55.17 on Nov 12, 2021, Helium’s recent lowest was $0.200066 on May 29, 2020. Notably, it outperformed 86% of top crypto assets in the past year, indicating a bullish trend with a Fear & Greed Index of 71.
4. Chainlink (LINK)
Chainlink spearheads decentralized networks for smart contracts, addressing the Oracle problem by securely linking contracts to real-world data. According to Chainlink education doc, the Oracle problem refers to the inability of blockchains to access external data, making them isolated networks, akin to a computer with no internet connection.
Recently shifting to Solana, it prioritizes scalability and efficiency, appealing to developers and investors alike. Its applications span cross-chain tokenized assets, liquid staking tokens, gaming, NFTs, and DeFi, showcasing its versatility and innovation in the blockchain space.
The significant accumulation of LINK by a whale wallet signals optimism, possibly reinforced by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), promising enhanced security and user experiences across chains.
The cross-chain era is here, enabled by #Chainlink CCIP's unparalleled security.
🏝️ No more multi-chain fragmentation
🧑💻 Seamless user experience
⚡ Cross-chain composability for nextgen dAppsYour cross-chain starter pack:… pic.twitter.com/TaA6HhHbWq
— Chainlink (@chainlink) February 10, 2024
Trading at $20.51, with a 24-hour volume of $1.55B and a market cap of $12.04B, LINK surged by 11.18% in the last 24 hours. Despite hitting an all-time high of $52.89 in May 2021, recent movements reflect resilience, outperforming 84% of top crypto assets in the past year.
With 18 green days in the last 30 and trading near its cycle high, Chainlink maintains liquidity and positive sentiment, solidifying its position as a leader in crypto evolution.
5. eTukTuk (TUK)
eTukTuk’s rise among today’s top cryptocurrency gainers has caught the attention of investors. This has sparked a keen interest among investors looking to seize the opportunity presented by this coin. eTukTuk addresses climate change and urban mobility challenges. Interestingly, eTukTuk also offers a lucrative investment prospect.
eTukTuk is a top player with a focus on developing economies. This sets the bar for eTukTuk when compared to other electric vehicle (EV) projects. eTukTuk stands out for its alignment with real-world challenges faced by emerging markets.
Also, the TUK token presale provides early investors with the opportunity to claim their stake at a price of $0.0265 per token. With what’s at play, early investors could make good profits before public listing.
"Breakout crypto eTukTuk is working on improving urban transportation in developing nations with electric vehicles and blockchain technology." – @cryptonews
Read more here: https://t.co/7hr62WePzm
— eTukTuk (@eTukTukio) February 8, 2024
Notably, investors are eagerly participating in the TUK token presale due to the promise of significant stake rewards. Moreover, staking TUK tokens offers a pathway to consistent passive income, with an annual reward rate of 240%. Token holders are encouraged to hold onto their investment as participation in the eTukTuk ecosystem expands.
Stepping away from top performers, the crypto community discusses Bitcoin possibly hitting $100,000 by 2024. These talks among enthusiasts and analysts add uncertainty to Bitcoin’s future. Interestingly, this speculation adds intrigue to digital assets.
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