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The crypto market does not just offer investment opportunities; it also creates jobs. As the market grows, so do employment opportunities. In Q1 2024, companies like Coinbase and Binance posted many job openings. This trend highlighted the industry’s expansion.
However, April saw a slowdown due to market volatility and regulatory concerns. Sherla Sriprada, Business Fundamentals Analyst at GlobalData, noted the impact of these challenges on hiring trends. She emphasized staying updated with industry news to track job opportunities in the evolving crypto sector.
Amazingly, the same factors that affect the crypto job market also impact investments. These factors are market volatility, regulatory uncertainties, government stances, and technological advancements. Therefore, Sherla’s advice to stay updated with industry news also applies to investors for sound decisions.
Biggest Crypto Gainers Today – Top List
Waves, Illuvium, Biconomy, and Axelar are in the spotlight today, showing significant price increases. These cryptocurrencies provide varied investment avenues, from decentralized applications to seamless cross-chain communication. Waves, increasing by 5.42%, supports DApps and smart contracts with its user-friendly Ride language. Illuvium, up 1.85%, offers an immersive gaming experience with rewards for players.
Biconomy, with a 1.52% rise, simplifies web3 transactions by allowing users to pay gas in ERC-20 tokens. Axelar, gaining 3.05%, enhances dApp development across blockchains with secure cross-chain transfers. Each top gainer showcases unique growth potential, driving market enthusiasm.
1. Waves (WAVES)
Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. The platform aims to facilitate trading digital assets and real-world commodities. Anyone can create and trade custom tokens using the WAVES token. Waves offer a native language called Ride for smart contract creation. Ride’s syntax is developer-friendly, making blockchain development straightforward.
The Waves platform operates as a Decentralized Exchange (DEX). It features the Waves-NG protocol, which boosts performance to 1,000 transactions per second. Furthermore, transactions are added to blocks within about two seconds. Participants generate blocks in proportion to their economic stake, which is power-efficient and secure.
Jumpstart your week by delving into #Waves' top liquidity pools, featuring the best APRs for your financial gains! 💰🌊
WIND / $WAVES 👉https://t.co/E7EmAsIDIE
L2MP / $XTN 👉https://t.co/g6ENef2Pf4 $PWR / WAVES 👉https://t.co/akKe3LvVSJ$ROME / $USDT 👉https://t.co/aMoJqgqIS9… pic.twitter.com/dLKjExnpIv— Waves 🌊 (@wavesprotocol) May 13, 2024
The current price of WAVES is $2.38, with a 5.42% increase in the last 24 hours. Over the past year, its price has surged by 48%. Despite this, WAVES is trading 8.93% below its 200-day simple moving average of $2.60. However, the 14-day Relative Strength Index (RSI) is 51.45, indicating a neutral market.
Also, in the last 30 days, WAVES had 14 green days, and its 30-day volatility stands at a low of 4%. It boasts high liquidity, with a market cap of $271.64 million and a 24-hour volume of $98.09 million. This robust activity reflects strong investor interest and market confidence.
2. Illuvium (ILV)
Illuvium is an open-world fantasy battle game on the Ethereum blockchain. Often called the first AAA game on Ethereum, it caters to casual gamers and hardcore DeFi fans with its collecting and trading features. The game combines open-world exploration and PVP battles. Players explore the game world or build teams of powerful beasts.
The ILV token rewards players for in-game achievements. It also gives players a share of the Illuvium Vault and participation in game governance via the Illuvium DAO. Illuvium uses Immutable X (IMX), a layer-2 solution for zero gas fees and instant transactions. The IlluviDEX allows the decentralized exchange of Illuvium assets, with a 5% fee going to ILV stakers. Also, yield farming allocates 3 million ILV over three years to liquidity contributors and partner rewards.
🔥Rhamphite, the fiery beast in stunning Holo and Dark Holo finishes! 🌟🔥 His dark red shell, fiery light trails, and golden spines make him truly legendary! 💥#Illuvium #Rhamphite #Holo #DarkHolo #Web3Gaming pic.twitter.com/6gXqBBKJCR
— Illuvium (@illuviumio) May 14, 2024
Illuvium (ILV) is priced at $79.81, having increased by 1.85% in the last 24 hours and surged by 75% over the past year. It is trading 21.82% above its 200-day simple moving average (SMA) of $65.52. The 14-day Relative Strength Index (RSI) is 40.97, indicating a neutral stance, suggesting potential sideways trading.
Over the last 30 days, 37% of trading days showed positivity, while the volatility remained low at just 7%. ILV has high liquidity with a 0.0529 volume-to-market cap ratio, a market cap of $300.67M, and a 24-hour trading volume of $15.92M.
3. 99Bitcoins (99BTC)
99Bitcoins Token is an innovative cryptocurrency project on the Ethereum blockchain that introduces a “Learn-to-Earn” educational platform. Users earn 99BTC tokens by engaging with educational content, such as tutorials and quizzes, to enhance their crypto knowledge and skills. This unique model incentivizes learning by rewarding users as they progress through courses. It promotes education in the crypto space while providing tangible rewards.
Excitingly, the project has already raised over $1.2 million during its presale phase! It attracted investors with the opportunity to purchase 99BTC at an initial price of $0.00105, with prices increasing in stages. 99BTC holders can also stake their tokens to earn substantial rewards, with annual yields currently at 1,377%. The project’s growing community, with over 3,000 members on Telegram, highlights its increasing popularity and potential impact.
Over $1.25 Million raised in our $99BTC #Presale! 🔥
THANK YOU to our incredible community for pushing us past this milestone! 🙌
There’s still time to get involved and secure your $99BTC before the next stage begins.
Join now! 👉 https://t.co/NXD7DAaUfZ#99Bitcoins #BTC pic.twitter.com/gIYSn90dDR
— 99Bitcoins (@99BitcoinsHQ) May 14, 2024
Looking ahead, 99Bitcoins Token has ambitious plans to enhance its platform and expand its reach. The team aims to transition 99BTC from the ERC-20 standard on Ethereum to the BRC-20 standard on the Bitcoin blockchain. This move intends to increase security and integrate with the Bitcoin token economy. The project also plans to list 99BTC on various exchanges and has announced a significant $99,999 BTC airdrop for early community members.
4. Biconomy (BICO)
Biconomy is a multichain relayer protocol that improves user onboarding and transaction experiences on decentralized applications (DApps). It seeks to make web3 products as intuitive as web2 products. Users can pay gas in an ERC-20 token, avoiding blockchain complexities like network changes. Hence, transactions are confirmed faster, and gas costs can be reduced by up to 40%.
Biconomy’s relayer infrastructure uses meta-transactions, allowing users to submit transactions with zero gas, with a third party covering the fees. This non-custodial and gas-efficient network supports several protocols like Curve Finance, Perpetual Protocol, Decentral Games, and Sapien Network for gasless transactions. Furthermore, Quantstamp, MixBytes, Certik, and Halborn have audited its smart contracts.
Over half a million transactions on @alfafrens_ in just 3 weeks!
The Biggest usecase of users paying gas in any token across the whole of web3!
Killer use case + seamless AA powered UX = Explosive adoption 🚀
Infra powered by Biconomy x @base pic.twitter.com/2GJhVyNkjL
— Biconomy (@biconomy) May 13, 2024
BICO is currently priced at $0.434180, having increased by 1.52% in the last 24 hours and 41% over the past year. It’s trading 62.05% above its 200-day SMA of $0.268120, indicating strong performance. However, with a 14-day RSI of 79.08, it is overbought and may see a correction soon.
Over the last 30 days, Biconomy had 12 positive trading days (40%) and a low volatility of 9%. It boasts high liquidity with a market cap of $314.04 million and a 24-hour volume of $16.40 million, reflected in its volume-to-market cap ratio of 0.0522. Biconomy’s current trajectory and robust liquidity make it a captivating option for those seeking dynamic growth in the market.
5. Axelar (AXL)
Axelar pioneers secure cross-chain communication for Web3, offering a decentralized network and tools for seamless dApp development. Powered by a dynamic validator set and Proof-of-Stake consensus, Axelar stands out for its simplicity. It enables developers to build cross-chain applications without new programming languages. With AXL as its native token, Axelar facilitates cross-chain transfers of various tokens supported by top-tier investors.
Axelar’s latest strides in addressing decentralized application challenges have been revealed in Flipside’s cross-chain report. These strides underscore its pivotal role in transforming the sector. Despite obstacles, Axelar’s Interchain Token Service (ITS) and General Message Passing (GMP) simplify dApp development across blockchains. These features have attracted over 270,000 users. Anchored by security and decentralization, Axelar’s rapid growth and cross-chain capabilities position it as a leader in the field. They promise a future of decentralized growth and interoperability.
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Enter for your chance to win STX, AXL + stack some exclusive merch ⤵️https://t.co/v7cecwvDuj pic.twitter.com/54ZZ4oMotx
— Axelar Network (@axelarnetwork) May 14, 2024
In light of these advancements, Axelar’s performance metrics reflect its growing adoption. With a 3.05% increase in the last 24 hours, Axelar’s price is $0.975822. Over the past year, the price surged by 82%, trading above its 200-day SMA at $0.477891. The 14-day RSI indicates neutrality at 54.13, while 43% of the last 30 trading days were positive. With high liquidity and notable growth in usage metrics, Axelar demonstrates promising potential.
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