{"id":390145,"date":"2023-03-11T12:39:15","date_gmt":"2023-03-11T12:39:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=390145"},"modified":"2023-03-11T13:09:44","modified_gmt":"2023-03-11T13:09:44","slug":"biggest-crypto-gainers-today-march-11-fei-paxg-lhinu-fght-cchg-metro-taro","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/biggest-crypto-gainers-today-march-11-fei-paxg-lhinu-fght-cchg-metro-taro","title":{"rendered":"Biggest Crypto Gainers Today, March 11 \u2013 FEI, PAXG, LHINU, FGHT, CCHG, METRO, TARO"},"content":{"rendered":"

The price trend in the crypto market today, March 11, 2023, fluctuates between rallies and dips. While most crypto assets didn\u2019t see a significant gain, some progressed against the odds.\u00a0<\/span><\/p>\n

The primary cryptocurrency Bitcoin has held onto its opening trading price of $20,187.88 at the time of writing. The overall performance added slightly to the cumulative crypto market cap for the day. But some altcoins hit the top with impressive gains to their value.<\/span><\/p>\n

\u00a0Let’s see the top performers of the day.<\/span><\/p>\n

Fei Protocol (FEI)<\/h2>\n
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Source: Tradingview<\/figcaption><\/figure>\n

Fei Protocol<\/span><\/a> (FEI) is a DeFi algorithmic stablecoin that aims to balance centralized custodial stablecoins and rigid overcollateralized decentralized stablecoins.\u00a0<\/span><\/p>\n

FEI is capital efficient and helps maintain liquid secondary markets for the Fei Protocol ecosystem. Also, through its stable value, the token controls and supports yield earning for the protocol. The protocol has advanced tremendously through several upgrades since its launch.<\/span><\/p>\n

As of today, March 11, FEI trades with high volatility between $0.9919 and $1.04800. As of the time of writing, the token has reached a daily high of 1.0486, indicating a surge of almost 6% from its opening price of $0.9901 yesterday, March 10.<\/span><\/p>\n

PAX Gold (PAXG)<\/b><\/h2>\n
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Source: Tradingview<\/figcaption><\/figure>\n

PAX Gold<\/span><\/a> (PAXG) is a gold-backed crypto asset on the Ethereum blockchain. The crypto protocol allows investors to trade and invest in gold through cryptocurrency on many exchanges.\u00a0<\/span><\/p>\n

PAXG solves the issues of non-divisibility and flexibility in transporting physical gold. Hence, investors could easily trade on gold with a crypto asset fully backed by the commodity.<\/span><\/p>\n

PAX Gold set the pace as an asset with full security, liquidity, and the full backing of a physical commodity, gold. Its value proposition triggered other crypto developers to roll out similar gold-backed crypto tokens.<\/span><\/p>\n

PAXG has maintained an impressive price from the beginning of March. As of today, March 11, PAXG trades between $1,862.53 and $1,9440, with a daily trading high of $1,944.84. Its price action over the past 7 days also shows an increase in gains.<\/span><\/p>\n

Love Hate Inu (LHINU)<\/h2>\n

Tweets by LoveHateInu<\/a>