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In the ever-evolving system of cryptocurrency, innovation remains at the forefront. Immutable pioneers zk-rollups for NFTs, aiming to revolutionize Ethereum with transaction speeds exceeding 9,000 tps. Flare enhances DApps with unique interoperability protocols, while Worldcoin seeks to establish a global identity and financial network. Fantom addresses DeFi challenges with its DAG smart contract platform. These top gainers epitomize technological advancement and hold promise for significant growth.
Immutable (IMX), with a notable spike of 19.63%, is currently priced at $3.36, boasting a market capitalization of $4.55 billion. Flare (FLR), with an increase of 9.56%, holds a value of $0.035779. Worldcoin (WLD) is priced at $6.31 with a market capitalization of $673 million. Fantom (FTM) stands at $0.439110, with a 24-hours price increase of 10.04%.
Also, Scotty The AI emerges with diverse utility features, a rapidly growing presale, and a growing attention from investors.
Biggest Crypto Gainers Today – Top List
Positive movement graces 23% of cryptocurrencies today. Flux shines as the top gainer, boasting a 31.64% surge in 24 hours, while Audius struggles, facing a 3.87% loss. Over the past year, Dogwifhat has emerged as the strongest performer, surging by an impressive 8,496.52%, contrasting sharply with ApeCoin’s significant 69.35% decline. Tellor has faltered since the year’s onset, witnessing a 51.99% loss.
1. Immutable (IMX)
Immutable stands out as one of the pioneers in utilizing zk-rollups for NFTs, positioning itself at the forefront of Ethereum’s development. With transaction speeds targeted at over 9,000 tps, it aims to become the default “NFT blockchain” in the future.
Its API abstraction layer simplifies NFT-related interactions such as minting and trading through REST APIs. This approach is poised to draw established gaming and content companies to the space.
A recent collaboration with Ubisoft, a prominent video game creator, underscores their commitment to web3 gaming. By leveraging Ubisoft’s game development expertise, this partnership aims to unlock the potential of digital ownership for players.
Immutable boasts a current price of $3.36, with a market capitalization of $4.55 billion, ranking second in the Layer 2 sector. Investor sentiment remains bullish, with a Greed/Fear Index of 75.
Immutable is the home of web3 gaming. pic.twitter.com/c7dsK9rLqE
— Immutable (@Immutable) February 19, 2024
In the last year, IMX has outperformed 85% of the top 100 crypto assets, showcasing its growth potential. Technical analysis indicates it is trading 270.52% above its 200-day SMA, with a trading volume of $188.64 million.
Recent price action reflects Immutable’s strong performance, with a 40% increase in the past week alone and a 200% year-to-date growth. Breaking above the $3 price barrier, Immutable continues to demonstrate its upward momentum in the market.
2. Flare (FLR)
Flare’s rise to one of the top crypto gainers for today makes it necessary to know more about the project. It is a layer 1 blockchain solution aiming to enhance DApps by providing decentralized access to high-quality data from various sources, including other blockchains and the internet.
It stands out due to its unique interoperability protocols, which enable secure and decentralized data acquisition. The State Connector and Flare Time Series Oracle (FTSO) protocols allow DApps to access real-time data securely.
Feeling limited by current data options?
Build truly useful apps with Flare's native data protocols: secure, low-cost access to a wide range of decentralized data.
Ask us anything. We'll be at #ETHDenver & #ETHOxford, or say hello now in https://t.co/05b2IYZYl8#BuildOnFlare
— Flare ☀️ (@FlareNetworks) February 17, 2024
Flare’s current price is $0.035779, with a market capitalization of $1.24 billion. Over the past 24 hours, FLR rose by 9.56%, reflecting bullish sentiment. It has outperformed 76% of the top 100 crypto assets in the past year yet underperformed Bitcoin and Ethereum.
Feeling limited by current data options?
Build truly useful apps with Flare's native data protocols: secure, low-cost access to a wide range of decentralized data.
Ask us anything. We'll be at #ETHDenver & #ETHOxford, or say hello now in https://t.co/05b2IYZYl8#BuildOnFlare
— Flare ☀️ (@FlareNetworks) February 17, 2024
Technically, Flare is trading 23.18% above its 200-day simple moving average (SMA), indicating positive momentum. Its trading volume is $17.13 million, with a market dominance of 9.17%. In the last 30 days, it has experienced 18 green trading days, constituting 60% of the period.
3. Scotty The AI (SCOTTY)
Scotty The AI pioneers the fusion of AI and blockchain technology, emerging as a guardian of the crypto realm’s secrets. Positioned as an alternative to significant meme tokens like Dogecoin (DOGE), Scotty holds the promise of significant price action. Its appeal is derived from meme-like attributes, AI integration, and intriguing lore centred around the Scotty AI dog.
The utility Scotty offers includes Scotty Swap for token exchanges, staking opportunities with estimated rewards exceeding 330%, ScottyChat for AI-powered market insights, and robust security features for fraud detection.
It has garnered significant attention in its presale stage, raising over $385,000 in round three. With a token supply of 1,734,567,890, 30% is allocated for the presale, while the rest is earmarked for staking, development, and marketing. SCOTTY is priced at $0.0053 and is currently available for purchase.
Scotty the Ai Token: Early Staking for High Yields | Token Pre-sale Details & Staking Processhttps://t.co/uSbD5vAFEA
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
The presale rounds have raised $480,210.47 out of $542,839, with less than ten days remaining for the ongoing fourth round. With its captivating meme-like appeal, cutting-edge utility features, and rapidly growing presale, SCOTTY is set to make waves in the crypto world.
4. Worldcoin (WLD)
Worldcoin aspires to revolutionize the world by creating the most significant identity and financial network accessible to everyone. Users can verify their humanness online through its innovative World ID system while safeguarding their privacy with zero-knowledge proofs.
The WLD token is designed as a utility token with governance properties, empowering users to shape the protocol’s future. Beyond this, it enables “one-person-one-vote” mechanisms, paving the way for novel forms of governance. Its uniqueness lies in its mission to achieve global adoption and distribute most WLD tokens to individuals simply for being human.
World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible 🫡 pic.twitter.com/Mf6Y51gscQ
— Worldcoin (@worldcoin) February 17, 2024
Recent performance metrics show a current price of $6.31, with a market capitalization of $673 million. It is ranked #23 in the Ethereum (ERC20) Tokens sector, with bullish investor sentiment and high liquidity.
The latest news indicates that Worldcoin has seen a significant increase of over 110% in the past week, with a market value surpassing $673 million. Its price point has exceeded $5, demonstrating sustained upward momentum.
5. Fantom (FTM)
Fantom is a Directed Acyclic Graph (DAG) smart contract platform transforming DeFi services. It was launched to address smart-contract platform challenges such as scalability and transaction costs.
At its core, Fantom employs the Lachesis protocol, ensuring network security and fast transaction processing. It maximizes efficiency and security through its Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) mechanism, eliminating the need for block leaders.
Its custom consensus algorithm guarantees rapid transactions, settling in less than two seconds. FTM, its native utility token, powers payments, network fees, staking, and governance.
Currently priced at $0.439110, Fantom boasts a market capitalization of $1.23 billion. It holds the 9th position in the DeFi Coins sector and ranks 36th in the Layer 1 sector. Investor sentiment remains bullish, with a Greed/Fear Index of 75.
In the last 30 days, Fantom has experienced 16 green trading days, indicating positive market performance. Analysis reveals that Fantom is trading 28.14% above its 200-day simple moving average (SMA), reflecting strong momentum.
We're very proud of the volume and traffic we've facilitated for #fantom users over the years.
Here's to nearly 50 million trades with another 50 million to come,
Every single one utilizing and burning $BRUSH .@FantomFDN pic.twitter.com/b386WiabX9— PaintSwap (@paint_swap) February 16, 2024
FTM’s recent spike in interest, fueled by its strong performance and growing adoption, has attracted the whales. Further upside is anticipated, positioning it as a promising investment within blockchain.
Let us take a quick detour to the latest news in the crypto market. U.S.-listed cryptocurrency stocks surged up to 13% pre-market as Bitcoin surpassed $1 trillion, powered by recent ETF approvals. This boost in investor confidence highlights the market’s growing legitimacy. Analysts foresee continued growth for Bitcoin and related companies like Coinbase, Riot Platforms, and Bitfarms.
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