{"id":484711,"date":"2024-02-29T10:02:45","date_gmt":"2024-02-29T10:02:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=484711"},"modified":"2024-02-29T10:02:45","modified_gmt":"2024-02-29T10:02:45","slug":"top-crypto-gainers-today-february-29-toncoin-litecoin-solana-tezos","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-february-29-toncoin-litecoin-solana-tezos","title":{"rendered":"Top Crypto Gainers Today February 29 – Toncoin, Litecoin, Solana, Tezos"},"content":{"rendered":"

The everyday crypto market always has a class of <\/span>top gainers<\/span><\/a> and losers. Let’s see the highlights of the gainers. Toncoin, emerging from Telegram’s blockchain, stands out with its recent 20.36% surge to $2.57, positioning it as the 15th largest crypto. Litecoin, founded in 2011, excels in rapid transactions and privacy enhancements, reflected in its recent 10.64% increase to $82.15.<\/span><\/p>\n

Solana offers rapid DeFi solutions yet faces challenges with outages and venture capital concerns despite a remarkable 14.30% top-up to $124.51. Tezos pioneers blockchain evolution, trading at $1.26 with a 9.27% spike despite underperforming against BTC and ETH. Also, Frog Wif Hat disrupts the meme coin space with a fair launch and locked liquidity, surging by 54.49% to $0.001561. <\/span><\/p>\n

Biggest Crypto Gainers Today – Top List<\/b><\/h2>\n

In the last 24 hours, the cryptocurrency market saw a significant trading volume of $712.33B. The sentiment remains bullish, evidenced by the Fear & Greed Index, which is at a high of 80. Among the cryptocurrencies, BONK emerged as the top gainer, soaring by 63.51%, while Orbler faced a notable decline of -11.79%. The overall market capitalization stands at a robust $2.33T, with Bitcoin leading the charge with a price surge to $63,239, securing a market cap of $1.24T and a dominance of 53.05%. However, let us talk more about the four coins that have won their spot among the top gainers. <\/span><\/p>\n

1. <\/b>Toncoin (TON)<\/b><\/h3>\n

Toncoin (TON) emerged in 2018 as a decentralized blockchain by Telegram, rebranded as The Open Network (TON) after being taken over by the TON Foundation. It’s the native cryptocurrency facilitating transactions within the network. TON aims to provide fast, transparent, and secure payment services at minimal fees. <\/span><\/p>\n

Its proof-of-stake (PoS) consensus model ensures scalability and reliability. The network offers services including TON Wallets, TON Services for dApps, TON Storage for encrypted data, TON Proxy for decentralized VPNs, and TON DNS for website compatibility.<\/span><\/p>\n

\"TON<\/p>\n

Recent news reveals Telegram’s adoption of TON blockchain for its advertising platform, promising 50% of ad revenue for channel owners. This strategic move underscores Telegram’s commitment to TON’s capabilities, fostering a secure and efficient payment system while promoting the platform’s growth.<\/span><\/p>\n

This integration has catalyzed TON’s value, with its price surging by 20.36% in 24 hours to $ 2.57. The market capitalization is $ 8.91B, marking TON as the 15th-largest cryptocurrency. The increased trading volume reflects growing confidence in TON’s potential within Telegram’s ecosystem, signaling a positive trajectory for both platforms.<\/span><\/p>\n

2. <\/b>Litecoin (LTC)<\/b><\/h3>\n

Litecoin is a cryptocurrency that facilitates fast, secure, and low-cost transactions through blockchain technology. Introduced in 2011 by Charlie Lee, Litecoin functions as a “lite version of Bitcoin,” featuring shorter block times of 2.5 minutes and minimal transaction fees. Its widespread acceptance among merchants and users has solidified its position among the top cryptocurrencies.<\/span><\/p>\n

LTC’s uniqueness lies in its simplicity, rapid transaction speed, and negligible fees, making it a practical alternative to Bitcoin, particularly in regions where transaction costs are critical. Additionally, Litecoin’s MimbleWimble testnet, introduced in 2020, promises improved privacy features for users.<\/span><\/p>\n

\"LTC<\/p>\n

Regarding performance metrics, its price currently stands at $82.15, reflecting a 10.64% increase in the last 24 hours. However, LTC has experienced a decrease of -14% over the past year, underperforming compared to Bitcoin and Ethereum. While its 67% positive trading days in the last month indicate some stability, investors should note its moderate market dominance of 0.26% and relatively high liquidity ratio of 0.3949.<\/span><\/p>\n

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Leading Swiss bank @PostFinance<\/a>🇨🇭, in partnership with @Sygnumofficial<\/a>, have launched a full range of crypto services for its 2.5 million clients! Enabling customers to purchase & securely store a handful of known cryptocurrencies including #Litecoin<\/a> ⚡️ $LTC<\/a>… pic.twitter.com\/4AFi06StCG<\/a><\/p>\n

— Litecoin (@litecoin) February 27, 2024<\/a><\/p><\/blockquote>\n