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Navigating the ever-evolving crypto market can be a daunting task for investors, but keeping an eye on the top gainers is a surefire way to stay ahead. Uncovering the latest trends and standout performers not only offers potential investment opportunities but also provides a deeper understanding of the market’s dynamics.
Key factors such as underlying technology, market adoption, and community support play a crucial role in evaluating these cryptocurrencies. Projects that bring innovative solutions, robust security, and clear utility within the decentralized finance (DeFi) ecosystem stand out as prime candidates for investment. This captivating piece delves into today’s top gainers, offering valuable insights and uncovering the immense potential they hold. Dive in and discover where the smart money is headed in the world of crypto.
Biggest Crypto Gainers Today – Top List
Turbo, Injective, Gala, and The Graph have emerged as the top crypto gainers, showcasing impressive performances in the volatile crypto market. Turbo, known for its unique meme coin status and remarkable year-over-year increase, led with a staggering 3,186% growth. Injective, a specialized blockchain for DeFi applications, boasted high performance with over 25,000 transactions per second and robust community support.
Gala’s innovative approach with GalaChain and the introduction of Film Boosts highlighted its growth strategy. The Graph solves the challenge of efficient and decentralized data querying for decentralized applications (dApps). These cryptocurrencies highlighted their potential as profitable investments amid changing market conditions, showcasing strong price movements.
1. Turbo (TURBO)
Turbo Coin is a unique meme coin with a distinctive frog mascot, launched as a bold experiment in cryptocurrency. Inspired by artificial intelligence, the founder challenged GPT-4 to create the next big meme coin with only a $69 budget, following all instructions meticulously. This innovative approach captured the crypto community’s imagination, showcasing AI’s potential in driving new projects.
TURBO follows a unique token economy model, ensuring fair distribution and transaction simplicity. With a total supply of 69 billion TURBO tokens, the project has eliminated transaction taxes and transferred the contract for decentralized control. As an Ethereum-based ERC-20 token, TURBO benefits from the security and efficiency of the Ethereum blockchain, allowing seamless transactions. The primary use of TURBO is to offer fair token distribution, allowing holders to participate in the market without hidden fees or centralized control, making it an attractive option for community-driven investors.
🚀 $TURBO's Future 🚀
From a humble $69 budget, $TURBO has risen to the forefront of meme coins with unprecedented growth.
But our journey isn't over – the top of the charts is waiting. 🌟#TurboToken #TurboRevolution pic.twitter.com/zAF4ElPUs2
— Turbo 🐸 (@TurboToadToken) July 8, 2024
Turbo, currently priced at $0.004123, saw a significant 9.85% increase in the last 24 hours. With high liquidity reflected in a 1.4431 volume-to-market cap ratio, Turbo stands out among today’s gainers. Its 14-day RSI of 51.54 indicates a neutral market stance, suggesting potential sideways trading. Its volatility over the past 30 days is 17%, relatively higher than GRT’s 8% but lower than GALA’s 13%. Remarkably, Turbo is trading 2,360.60% above its 200-day SMA of $0.000168, showcasing strong long-term performance. Also, its year-over-year increase of 3,186% is extraordinary, outperforming 95% of the top 100 crypto assets.
2. Injective (INJ)
Injective is a layer-one blockchain tailored for advanced DeFi applications such as decentralized exchanges, prediction markets, and lending protocols. It features a fully decentralized, MEV-resistant on-chain order book and supports various financial markets entirely on-chain. Its cross-chain bridging infrastructure connects with Ethereum, IBC-enabled blockchains, and non-EVM chains like Solana. Built on the Cosmos SDK with Tendermint-based Proof-of-Stake consensus, Injective offers high performance (25,000+ TPS) and supports over 100 projects and 150,000+ community members, backed by Binance and Pantera Capital.
The INJ token is central to Injective’s ecosystem, offering utility and governance functions. Its unique burn auction mechanism, where 60% of dApp fees are auctioned and burned weekly, ensures a decreasing supply and high token value. INJ’s roles in governance, security, value capture, and developer incentives are crucial to the growth and maintenance of the Injective network.
They say a picture is worth a thousand words….. pic.twitter.com/08HHoLCx0M
— Mirza.inj 🥷 (@TheMirza_) July 14, 2024
INJ, currently at $23.75, has risen 7.44% in the last 24 hours. It maintains strong liquidity with a 0.2168 volume-to-market cap ratio. However, with a 14-day RSI of 79.76, Injective is overbought and may soon face a price correction. In the past 30 days, It has had 14 green days, or 47%, which is higher than Turbo but lower than GALA. Its volatility is a low 7%, the least among the gainers. Trading 115.09% above its 200-day SMA, Injective shows solid performance but still trails Turbo’s impressive SMA comparison. Injective’s year-over-year increase of 162% is notable, surpassing 72% of the top 100 crypto assets, yet Turbo’s performance again stands out more prominently.
3. Pepe Unchained (PEPU)
Pepe Unchained has quickly raised over $3.7 million in its presale and is poised to be the next big meme coin. It introduces a Layer 2 solution that enhances functionality, enabling instant bridging between Ethereum and the Pepe chain. This significantly lowers transaction fees and boosts transaction speeds by approximately 100 times compared to Ethereum, addressing critical blockchain challenges and making transactions quicker and more cost-effective.
We’ve hit another milestone! $3.5M raised!
Pepe’s blockchain journey is unstoppable. Thank you for your amazing support. The best is yet to come! 🐸🚀 pic.twitter.com/IPpMBPGg5z
— Pepe Unchained (@pepe_unchained) July 14, 2024
Moreover, the project offers an attractive staking feature, with early investors enjoying an impressive 65,000%+ APY. This high reward rate encourages early participation and boosts overall investor interest, creating a strong foundation for growth. The strategic tokenomics further solidifies this potential, with a total supply of 8 billion PEPU tokens. Allocations include 20% for presale and marketing, 10% for liquidity, project finance, and chain inventory, and 30% dedicated to staking.
For those looking to capitalize on the next big meme coin, Pepe Unchained offers a compelling opportunity. With its innovative features, strong presale performance, and potential for high returns, PEPU is set to stand out in the crypto market. Seize the moment—invest in $PEPU today and be part of the next generation of meme coins.
4. Gala (GALA)
Gala is a revolutionary web3 ecosystem powered by its layer-1 blockchain, GalaChain. Initially supporting Gala Games, Music, and Film, GalaChain now invites external developers with open-source resources. Aiming to reach one billion users, Gala offers tools like the GalaChain SDK and Creator Portal for creating custom tokens, smart contracts, and decentralized apps. Its interoperability allows asset bridging to other blockchains, enhancing flexibility and integration in the crypto space.
In a groundbreaking move, Gala Film has introduced “Film Boosts,” a feature allowing fans to support their favourite films by staking FILM tokens. This innovative approach increases the value of the GALA token by creating more demand and utility within the ecosystem. As fans stake FILM tokens, the circulating supply decreases, driving up the value. Additionally, the increased engagement and exclusive perks for fans boost the overall appeal and usage of the GALA ecosystem, attracting more users and investors.
Unveil a new way to support your favorite films with Gala Film's "Film Boosts"! Elevate film levels and unlock exclusive perks using the $FILM token.
Stay tuned for more! #GalaFilm #FilmBoostshttps://t.co/fLdC7l8ztq
— Gala Games (@GoGalaGames) July 11, 2024
GALA’s current value of $0.024005 represents a 4.45% increase in the last 24 hours. The 14-day RSI of 34.39 indicates a neutral market stance, aligning with The Graph’s neutral position and similar to Turbo’s RSI. Over the past 30 days, GALA has seen 16 green days, accounting for 53%, which is the highest among the gainers. With a volatility of 13%, GALA is more stable than Turbo but more volatile than The Graph and Injective. However, trading slightly below its 200-day SMA by -1.06%, GALA has underperformed in long-term metrics. Also, over the past year, GALA’s price has decreased by 6%, underperforming 81% of the top 100 crypto assets.
5. The Graph (GRT)
The Graph is an indexing protocol for querying data from networks like Ethereum and IPFS, vital for DeFi and Web3 applications. It enables anyone to build and publish open APIs, called subgraphs, using GraphQL for easy data retrieval. This automation hides complex code behind a user-friendly interface, making it accessible to developers.
In The Graph ecosystem, Indexers, Curators, and Delegators maintain and secure the network. Indexers are node operators who stake Graph Tokens (GRT) and run Graph Nodes to index subgraphs, earning rewards and query fees. Curators stake GRT to identify valuable subgraphs, signaling Indexers on which data to index, and earn a portion of the query fees. Delegators, lacking technical expertise, delegate their GRT to trusted Indexers, enhancing network security and sharing in the rewards.
Every single day, more devs choose to build with The Graph because they value low query costs, reliable uptime, redundancy, and fast syncing speeds. pic.twitter.com/pS0HcN5wq9
— The Graph (@graphprotocol) July 15, 2024
GRT is priced at $0.209057, with a 3.79% surge in the last 24 hours. Its high liquidity is evidenced by a volume-to-market cap ratio of 0.0754. With a 14-day RSI of 42.34, The Graph is in a neutral market position, akin to Turbo’s. It has shown 15 green days in the last 30 days, accounting for 50% of the period, which is higher than Turbo’s 30% and comparable to GALA’s 53%. The Graph’s volatility is the lowest among the top gainers at 8%. Trading 78.96% above its 200-day SMA, The Graph exhibits strong performance. Over the past year, The Graph’s price increase of 72% is modest, outpacing 51% of the top 100 crypto assets.
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