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In the ever volatile crypto space, top gainers and losers can change rapidly within a short period. For instance, Dogwifhat has stolen the spotlight, boasting an extraordinary 805.53% surge since the year’s outset. However, not all coins have shared in the glory, as FTX Token languished at the bottom, shedding a disappointing -34.82% of its value since January’s dawn.
Today holds its story as well; some assets soar to new heights, catching the eye of investors seeking profit. Others face steep declines, thus highlighting the risk and volatility of digital assets. In this tale of two halves, PEPE is the highest gainer, boasting a remarkable 63.56% spike, while Bitcoin SV experienced a concerning downturn, plummeting by -9.62%.
In today’s surge of top gainers, this article highlights four notable coins: JasmyCoin, Axelar, Fantom, and Flow. Going into their groundbreaking projects, collaborative efforts, innovative strides, and performance metrics promise an insightful exploration.
Biggest Crypto Gainers Today – Top List
JasmyCoin integrates IoT and blockchain, prioritizing data sovereignty and security. With a surge of 18.07% in the last 24 hours and a remarkable 360% price increase over the past year, it continues to gain traction. Axelar leads Web3 innovation, boasting secure cross-chain communication and substantial growth, evidenced by a 21.55% surge in the last 24 hours and a 242% increase in the past year. With its rapid transaction speed and unique consensus mechanism, Fantom showcases bullish investor sentiment with a 26.08% surge in the last 24 hours. Meanwhile, Flow, designed for games and digital assets, maintains resilience and high liquidity, evident from its 6.88% surge in the previous 24 hours and dominance of 0.08%. Now, let us go into the nitty-gritty of each of these top gainers.
1. JasmyCoin (JASMY)
JasmyCoin, spearheaded by Tokyo-based IoT provider Jasmy Corporation, is a revolutionary fusion of IoT and blockchain technologies. Integrating these systems prioritizes data sovereignty, empowering users with complete control over their personal information. Through its decentralized platform, Jasmy facilitates trustless data exchange between IoT devices and decentralized protocols.
The project stands out for its commitment to safeguarding user data, ensuring confidentiality and proper information handling. Leveraging edge computing and IPFS technology, Jasmy decentralizes data management, fostering a secure and owner-centric environment. This approach bolsters security and mitigates fraud risks associated with traditional data handling methods.
It employs the Security Knowledge Communicator (SKC) and Smart Defender to safeguard user data. SKC, activated post-registration and verification, enables users to track transactions and manage data securely. Meanwhile, the Smart Guardian (SG) service ensures the secure registration of IoT devices, reinforcing its commitment to data protection.
@HARA_JasmyCFO has posted photos from #ETHDenver2024 !
We hope to gradually share with everyone what will happen at ETHDenver this time!🚀🚀🚀@JasmyMGT #Janciton #Jasmy $JasmyOur Communityhttps://t.co/3jsjG3tpUF https://t.co/tOnjYxDMzc
— JANCTION (@JanctionMGT) February 28, 2024
Jasmy’s recent performance metrics reflect its growing prominence, with a notable surge of 18.07% in the last 24 hours. Also, over the past year, this gainer has witnessed an impressive 360% price increase, outperforming 90% of the top 100 crypto assets. Not only that, it trades far above the 200-day SMA and has high liquidity. It continues to get bullish investor sentiment, driven by its innovative approach to data management.
2. Axelar (AXL)
Axelar leads Web3 innovation, offering secure cross-chain communication for Decentralized Applications (dApps). It utilizes a decentralized network and robust protocol suite, facilitating seamless interoperability. AXL, the native token, powers the network and supports cross-chain transfers of significant cryptocurrencies.
The project’s distinction lies in its dynamic validator setup, ensuring secure communication via Proof-of-Stake. Also, Axelar’s protocols, APIs, and tools empower developers to build cross-chain solutions effortlessly. Backed by industry giants like Binance and Coinbase Ventures, this top gainer shows significant growth.
Axelar is the most egalitarian thing we've ever seen. It's insanely ambitious, and since it works, it can really reshape the fabric of society https://t.co/E7VP2tbD8o
— Jason Ma (@jason_c_ma) March 2, 2024
AXL maintains a strong performance trajectory, trading at $2.49 with a 21.55% increase in the last 24 hours. It has demonstrated remarkable growth in the past year, increasing by 242%, outpacing Bitcoin and Ethereum. Currently trading 412.00% above the 200-day SMA, Axelar exhibits a neutral stance with a 14-day RSI at 54.13, suggesting potential sideways movement.
Most of the last 30 trading days were positive, with 20 green days signifying investor confidence and market stability. Moreover, Axelar boasts high liquidity, with a volume-to-market cap ratio of 0.3035, indicating ample trading activity.
3. Frog Wif Hat (FWIF)
In February 2024, Frog Wif Hat debuted, bringing a touch of whimsy to the crypto world with its homage to the beloved internet frog meme. The tokens have a total supply of 1 quadrillion. Half were promptly whisked away and burned at launch. This created a unique mechanism that continuously reduced the supply, fostering an air of exclusivity around the token.
It introduces the Froggy Lottery, a ribbiting feature that adds an element of chance and excitement to the community. Weekly, one fortunate FWIF holder leaps into the spotlight, rewarded with 1% of the charity wallet’s balance, provided they possess a minimum of 10 billion FWIF tokens.
The roadmap is ambitious yet strategic. Phase 2 aims to integrate with the Solana blockchain, tapping into a wider community of meme coin enthusiasts. Plans to secure listings on exchanges like Gate.io or KuCoin demonstrate a commitment to enhancing accessibility and liquidity. Furthermore, Phase 3 sees FWIF venturing into the world of NFT art, capitalizing on the burgeoning market’s potential.
VA-VA-VOOM! BUY $FWIF ON DEX's!
Uniswap 👇https://t.co/n4RfKMG653#FrogWifHat #AltSeason #Web3 pic.twitter.com/O8WI5WY9GJ
— Frogwifhat (@Frogwifhat_coin) March 3, 2024
It is valued at $0.003684, with a 24-hour trading volume of $1098.59K, marking a 17.5% increase. With its unique features and strategic roadmap, FWIF stands as a promising player in the competitive meme coin arena, capturing the imagination of investors and enthusiasts alike.
4. Fantom (FTM)
Fantom is a decentralized smart contract platform prioritizing transaction speed and cost efficiency. Built on its proprietary consensus algorithm, Fantom aims to streamline cross-chain communication, boasting transaction speeds under two seconds. It focuses on scalability and security. Hence, Fantom’s architecture integrates its Lachesis protocol and Opera mainnet. This allows for seamless decentralized app deployment.
The project distinguishes itself with its unique consensus mechanism, Lachesis, promising enhanced capacity and rapid transaction finalization. Its native token, FTM, underpins the ecosystem’s transactions, staking, and governance. Also, its on-chain governance system empowers users to vote on proposals using FTM tokens, ensuring community participation and decentralization.
It's heating up at @FantomFDN, just take a look at the latest presentation data:
* 2,000-10,000 TPS (complex vs simple txs)
* 1-1.5 sec Finality
* 90% Gas Monetization to devs (from prev 15%)
* Ecosystem-wide airdrop incoming
* Canonical Stablecoin incoming#fantom #CryptoNews pic.twitter.com/lqzqYIekDm— Paintoshi (@paintoshi) March 1, 2024
In the past 24 hours, FTM surged by 26.08%, reflecting bullish investor sentiment. Despite a 64% increase in the past year, Fantom underperformed compared to 44% of the top 100 crypto assets. Additionally, while trading 88.51% above the 200-day SMA, Fantom’s RSI of 82.68 suggests potential overbuying, indicating a possible correction. However, with high liquidity and low volatility, Fantom remains an intriguing player in the blockchain space.
5. Flow (FLOW)
Flow, developed by Dapper Labs, is a blockchain designed to support games, apps, and digital assets. Unlike traditional blockchains, Flow prioritizes decentralization, speed, and developer-friendliness, ensuring users retain control over their data. Its unique architecture divides nodes into four distinct groups, each specializing in a specific part of the validation process, thereby enhancing efficiency.
It operates through Collection Nodes, Consensus Nodes, Execution Nodes, and Verification Nodes, each fulfilling a crucial role in the validation process. Collection Nodes ensure network connectivity and data availability. Consensus Nodes manage transaction requests and the order of their execution. Execution Nodes handle the math for transactions. Verification Nodes guarantee accuracy in these calculations.
The program’s architecture is a standout feature, with tasks typically assigned to single nodes on other blockchains divided among multiple nodes for enhanced efficiency and safety. Offering upgradable smart contracts and readable security; Flow challenges conventional crypto operations.
 🌊The Weekly @flow_blockchain Stats Thread is here!🌊
📈The latest stats with @flipsidecrypto:
– 7.4M+ transactions
– 391k+ active users🫂
– 341k+ new accounts
– $FLOW above $1.20🚀
– Net staked $FLOW at 542M
– $2M+ NFT volume🔥 pic.twitter.com/Gm6GYE9TcO— Adrià 🎗️ (@adriaparcerisas) March 3, 2024
Performance metrics reveal Flow’s resilience and investor confidence. With a 6.88% surge in the last 24 hours, Flow boasts a market dominance of 0.08%. While it has shown an 18% price increase over the past year, outperforming 20% of the top 100 crypto assets, it lagged behind Bitcoin and Ethereum. Also, trading 92.32% above the 200-day SMA, it exhibits neutral sentiment with a 14-day RSI of 52.99. With 73% positive trading days in the last 30 days, Flow maintains high liquidity with a volume-to-market cap ratio of 0.1080.
From the detailed information above, our top gainers have distinguished themselves through innovation, projects and price movement. Now, let us look into the trending news in the marketplace. Dogecoin (DOGE) soared 77% this week, driven by positive cryptocurrency sentiment. Large investors accumulate DOGE, fueling the surge.
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