Top Crypto Gainers Today March 01 – Vana, Telcoin, Echelon Prime, Axie Infinity

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VANA
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Today, four currencies have drawn a lot of attention: Vana, Telcoin, Echelon Prime, and Axie Infinity. Crypto investors are constantly searching for exciting prospects. Because of their remarkable growth, investors are curious about what’s causing these cryptocurrencies to acquire traction and whether they’re worth including in a portfolio.

Biggest Crypto Gainers Today- Top List

Vana, a relatively lesser-known token, has been making waves with its innovative data privacy and ownership approach, offering users more control and rewards for sharing their information. Telcoin, on the other hand, is solving real-world problems by bridging the gap between mobile money and blockchain, mainly targeting the unbanked populations globally.

Sector Performance

Echelon Prime’s ambition is to revolutionize the gaming industry through blockchain integration. Meanwhile, Axie Infinity continues to capture attention with its play-to-earn model, which allows players to turn their gaming skills into real-world income. Are these top crypto gainers today merely riding the market sentiment wave, or is something deeper propelling their growth?

1. Vana (VANA)

What sets Vana apart is the establishment of Data Liquidity Pools (DLPs). Users can donate data to these pools, and once the data has been verified and tokenized, they can easily create data tokens that signify the value and ownership of the supplied data.

VANA Price Chart

Vana uses a Proof-of-Contribution mechanism to verify that data uploads adhere to network standards, guaranteeing data quality and integrity. In order to encourage active involvement and the supply of high-quality data, participants including data contributors, validators, and DLP creators are rewarded with VANA tokens.

VANA has exhibited notable price movements recently. At $9.01 per token, the coin’s price has risen by 77.33% on the last day and 65.02% on the last week. However, it dropped 10.14% in the previous month. These variations show that the market is erratic and affected by several variables, such as general cryptocurrency trends and market sentiment.

After Binance’s Launchpool announcement in December 2024, VANA saw a notable increase in interest. Following the news, the token surged by almost 2700%, demonstrating the effect that big exchange listings have on cryptocurrency pricing.

2. Telcoin (TEL)

Telcoin is utilizing mobile telephony and blockchain technology to transform the remittance sector. With the help of telecom carriers, Telcoin aims to offer quick, inexpensive, and safe cross-border money transfers, especially to those without access to conventional banking services.

TEL Price Chart

By merging with these operators, it can easily provide financial services to consumers via their mobile devices, eschewing the infrastructure of traditional banks. In addition to increasing reach and trust, this strategy makes it easier to comply with Know Your Customer (KYC) laws, opening up financial services to more unbanked people.

TEL’s price has risen by almost 55% in the last year, outpacing 50% of other cryptocurrencies on the market. But it’s crucial to remember that TEL is currently down around 98% from its peak of $0.064721, indicating a high degree of volatility.

To expand its reach and improve service delivery, the project has partnered with many telecom operators and set up remittance corridors. These collaborations are essential to TEL’s goal of offering accessible and reasonably priced financial services all across the world.

3. Meme Index (MEMEX)

The excitement surrounding Meme Index is palpable, with its presale recently surpassing the $3 million mark. This impressive milestone reflects strong investor confidence and anticipation for the platform’s potential. Early adopters have the opportunity to acquire MEMEX tokens at a favorable price point, positioning themselves advantageously before the token’s official market debut.

MEMEX Tweet

In addition to various investing choices, MEMEX provides alluring staking opportunities. With current Annual Percentage Yields (APY) of up to 667%, investors can stake their way to passive income. Token holders also participate in a community-driven governance mechanism, allowing them to vote on index compositions and suggest new indexes, guaranteeing that the platform will continue to adapt to user preferences and market developments.

MEMEX is a strong option for investors interested in the meme coin phenomenon yet wary of its volatility. By providing a diversified, structured, and community-governed investment platform, it reduces the risks associated with individual projects while taking advantage of the meme coin market’s potential for significant gains. The successful presale and substantial staking rewards further highlight its allure as a progressive investment opportunity.

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4. Echelon Prime (PRIME)

Echelon Prime’s main objective as a top crypto gainer is to empower developers and players by offering decentralized tools and resources, encouraging game creation creativity, and establishing new business structures for the gaming industry.

Its main goal is to incorporate blockchain technology into gaming by providing decentralized resources and tools. With the help of its innovative gaming models and economics, players and developers can take greater charge of their gaming experiences. The sci-fi trading card game Parallel demonstrates its usefulness in the gaming industry by being the first to implement and use PRIME.

PRIME Price Chart

The price of PRIME has dropped by roughly 58.17% versus the US dollar in the last month. Over the same time frame, it has lost roughly 42.95% against Ethereum and 50.76% against Bitcoin. These swings suggest that although PRIME has demonstrated promise, it is still influenced by the larger market forces that impact cryptocurrencies.

Echelon Prime has been aggressively growing its offerings and establishing beneficial alliances in the gaming sector. A significant milestone that exemplifies the usefulness of PRIME in a gaming ecosystem is the project’s partnership with the sci-fi trading card game Parallel.

5. Axie Infinity (AXS)

By implementing a play-to-earn paradigm, the game Axie Infinity, which is built on blockchain technology, has revolutionized the gaming business. In this game, participants gather, breed, and fight virtual animals called “Axies,” represented by non-fungible tokens (NFTs) on the Ethereum blockchain.

AXS’s decentralized platform combines blockchain technology with gaming and gives users actual ownership of in-game items. Implementing Axie Infinity Shards (AXS) as governance tokens gives players the ability to take part in decision-making procedures, which impacts how the game develops and changes. In contrast to other gaming platforms, Axie Infinity’s community-driven strategy encourages player interaction and a sense of ownership.

AXS Price Chart

At over $35.39 million in trading volume, AXS has seen a price increase of roughly 10.07% ($3.72). Despite this rise, AXS is presently down over 97.76% from its all-time high of $165.93, illustrating tremendous volatility and the difficulties many cryptocurrencies experience in maintaining peak valuations.

The partnership between Act Games and Sky Mavis, the company that developed Axie Infinity, has drawn notice and caused AXS’s price to rise by 15%. These collaborations are essential to improving the game’s features and drawing in a more extensive player base, which supports the platform’s expansion and long-term viability.

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