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One interesting fact about the crypto market is that top gainers often experience extreme price volatility. Some tokens can skyrocket over 1,000% in just days, driven by social media trends and influencer endorsements. This volatility presents significant opportunities and risks. As a result, both seasoned investors and newcomers are drawn to the space. In this article, we highlight today’s gainers—Pocket Network, ZetaChain, Zeebu, and Cardano. By exploring their impressive surges, we provide insights to help readers navigate the unpredictable world of cryptocurrency investing.
Biggest Crypto Gainers Today – Top List
First, Pocket Network rose by 4.33% and boasts a 139% annual gain. Next, ZetaChain surged 7.64%, thanks to strategic token anchoring. Meanwhile, Zeebu increased by 2.04% and has seen a remarkable 215% yearly rise as a telecom loyalty token. Finally, Cardano gained 0.30% and has appreciated by 32% over the past year, showcasing its versatile applications. Together, these tokens represent a promising pack of investment opportunities worth analyzing.
1. Pocket Network (POKT)
Kicking off today’s list of top crypto gainers is Pocket Network. The token surged by 4.33% in the last 24 hours, continuing its remarkable momentum. Even more impressive, POKT has seen a 139% increase in price over the past year.
But what exactly is Pocket Network? It’s a decentralized blockchain data platform designed to serve the needs of Web3 dApps. The protocol connects over 50 blockchains to their ecosystems, providing critical data services. Powered by Proof-of-Stake (PoS), it ensures scalability and consistency when serving decentralized applications.
A key reason behind Pocket Network’s success is its unique focus on decentralizing the RPC (Remote Procedure Call) layer. Most decentralized applications rely on centralized service providers for data, which creates a vulnerability. Pocket Network solves this problem by offering a fully decentralized infrastructure, guaranteeing maximum privacy and censorship-resistance for Web3.
Did someone say AI agents on @POKTnetwork?
🤖🧑🍳🍳 https://t.co/OWijepl93d
— POKT Network (@POKTnetwork) October 11, 2024
In terms of utility, the POKT token is central to the network. Node operators stake POKT to earn rewards, while developers use it to access the network through the Pocket Portal. This portal makes it easy to connect to decentralized infrastructure, offering 1 million free data relays per day for developers.
Currently, Pocket Network is trading at $0.05905 with a high liquidity ratio of 0.1080. The token appears stable, with an RSI of 69.66, suggesting it may trade sideways for now. Furthermore, POKT has 17 green days out of the last 30 and trades 13.83% above the 200-day SMA. It’s also less volatile, with a 30-day volatility of just 11%. It clearly stands out as a solid option, having outperformed 68% of the top 100 crypto assets over the past year.
2. ZetaChain (ZETA)
The second top gainer on today’s list is ZetaChain, with an impressive 7.64% price increase in the last 24 hours. This Layer-1 blockchain is making waves by focusing on cross-chain interoperability, solving a major pain point in the blockchain world.
Recently, ZetaChain made a bold move by permanently anchoring 1.5 billion ZETA tokens to its network. While these tokens can still be transferred to Ethereum as ERC-20 tokens, the transferable amount is now capped at 600 million. Despite this, the total supply of ZETA remains stable at 2.1 billion tokens, keeping its overall tokenomics intact.
This decision strengthens ZetaChain’s commitment to security and long-term stability. By anchoring a large portion of the tokens to the network, ZetaChain enhances its resistance to cross-chain vulnerabilities. This move also promotes stability by encouraging holders to stay invested, reducing the chance of market volatility.
To enhance security and decentralization, 1.5B ZETA tokens have been permanently anchored to ZetaChain’s native network. While ZETA can still be transferred back to Ethereum as an ERC-20, the maximum amount that can be moved is now capped at 600M. The total ZETA supply remains…
— ZetaChain (@zetablockchain) October 22, 2024
At the moment, ZETA is trading at $0.729243. With a high liquidity ratio of 2.0671, it is in a solid position for investors. However, the RSI is at 100.00, indicating that the token is overbought and may experience a pullback soon. Despite this, ZetaChain has had 16 green days in the past 30 days, showing consistent positive performance.
On the volatility front, ZETA remains stable with only 8% 30-day volatility. However, it is trading -93.29% below its 200-day SMA, indicating a long recovery path ahead.
Investors should see the recent anchoring decision as a commitment to ZetaChain’s network integrity and future growth, making it an interesting project to watch.
3. Flockerz (FLOCK)
Flockerz is nearing the $1 million mark in its presale, showcasing a growing interest in its innovative projects. This excitement stems from Flockerz’s unique offering: a decentralized autonomous organization (DAO) that operates on a Vote-to-Earn model. This structure allows participants to influence the project’s future while earning rewards, setting it apart in a crowded meme coin market.
One mil, oh so near, Flockers, let’s cheer! pic.twitter.com/is7WuaNGXU
— Flockerz (@FlockerzToken) October 21, 2024
Unlike many meme coins, often led by centralized teams, Flockerz features FlockTopia—a DAO where $FLOCK token holders can vote on key decisions. This governance model boosts community involvement and creates a fresh demand stream for $FLOCK, reinforcing its role as a governance token.
Moreover, Flockerz has captured attention on social media with its eye-catching artwork and fun narratives. The bird mascot, seen in humorous scenarios, resonates with the community, fostering belonging among its 2.5K followers on X and 1,500 Telegram members. Its illustrated origin story highlights the benefits of decentralized governance compared to the centralized approaches of other meme coins.
Given the current meme coin supercycle, Flockerz is primed for remarkable gains. With staking options offering a staggering 1,719% APY—though this will decrease—Flockerz is a meme coin to watch closely as its presale momentum builds.
4. Zeebu (ZBU)
Coming in third on today’s list is Zeebu, which has seen a 2.04% surge in the last 24 hours. While this increase may seem modest at first glance, it’s the 215% price jump over the past year that truly captures attention, making Zeebu a force to reckon with in the crypto space.
As the world’s first loyalty token specifically created for Telecom Carrier Businesses, Zeebu is rewriting the rules of telecom settlements. Built on the ERC-20 token standard, it incentivizes and rewards telecom carriers. This tailored loyalty and rewards system reduces invoice costs and boosts operational efficiency.
But that’s not all. Zeebu’s impact goes deeper, transforming the global telecom carrier industry by enabling faster, more secure, and transparent settlements. By utilizing smart contracts and DeFi protocols, the platform eliminates intermediaries and slashes fees, making transactions smoother for all parties involved.
On the liquidity front, things get even more exciting. On-demand liquidity Providers (OLPs) play a vital role by ensuring the continuous flow of payments across borders. Contributors earn 0.80% rewards per cycle, giving liquidity provision a lucrative edge for investors looking to maximize returns.
Priced at $4.28, Zeebu boasts medium liquidity with a 0.0221 volume-to-market cap ratio. Plus, with an RSI of 51.97, it’s in neutral territory, suggesting it may continue to move sideways or gather momentum.
Even more impressive, Zeebu has seen 13 green days out of the last 30, and with a low 30-day volatility of 5%, it’s proving to be a stable performer. In fact, it has outshined 78% of the top 100 crypto assets over the past year.
5. Cardano (ADA)
Lastly, closing out our list is Cardano, a blockchain platform that made a modest 0.30% gain in the last 24 hours. However, its performance over the past year is far more impressive, with ADA rising 32%.
What sets Cardano apart is its focus on empowering changemakers and visionaries through its proof-of-stake platform. Launched in 2017 and named after the famed mathematicians Gerolamo Cardano and Ada Lovelace, this blockchain strives to create a secure, transparent, and fair society. Interestingly, ADA holders get to vote on network changes, directly influencing the platform’s future.
Even more intriguing is Cardano’s versatility. It’s already being used in agriculture to track produce, in education to store tamper-proof credentials, and by retailers to prevent counterfeit goods. This adaptability, coupled with its energy-efficient proof-of-stake mechanism, has positioned Cardano as a leader in the blockchain space.
Stay up to date with what's happening in the Cardano ecosystem.
Explore the Community Digest for updates, announcements, and developments. This week's Digest covers Cardano's 3rd Governance Action (@atrium_lab) , new @aiken_eng course, the Annual Developer Survey, and more. ⤵️ https://t.co/vgMRxoWdi9
— Cardano Community (@Cardano) October 17, 2024
Security-wise, Cardano relies on Ouroboros, a cutting-edge PoS protocol that’s not only energy-efficient but also highly secure. In fact, it’s four times more energy-efficient than Bitcoin. Plus, the platform’s peer-reviewed research approach ensures long-term durability, while its incentive system rewards network participants.
At a price of $0.365562, Cardano showcases impressive liquidity with a market cap-to-volume ratio of 0.0409. While it’s currently trading just below its 200-day simple moving average, the RSI of 58.44 indicates that it remains in a stable and balanced zone. Even better, Cardano’s low volatility and 47% positive days in the last month show that it’s holding its ground steadily.
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