{"id":539599,"date":"2024-06-24T12:28:15","date_gmt":"2024-06-24T12:28:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=539599"},"modified":"2024-06-24T12:28:15","modified_gmt":"2024-06-24T12:28:15","slug":"top-crypto-gainers-today-jun-24-cream-finance-artrade-ontology-gas-limewire","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-jun-24-cream-finance-artrade-ontology-gas-limewire","title":{"rendered":"Top Crypto Gainers Today Jun 24 – Cream Finance, Artrade, Ontology Gas, LimeWire"},"content":{"rendered":"

The crypto market took a significant hit last week, marking its second-largest decline of 2024. <\/span>Bitcoin dropped to $62,440<\/span><\/a>, hitting a low not seen in over a month, as outflows from US ETFs continued to impact sentiment. Analysts warn that these developments reflect broader risk aversion.<\/span><\/p>\n

Moreover, low volatility and challenges in maintaining market balance during price movements exacerbate the situation. Despite anticipating upcoming US ETFs for Ether and Solana, both cryptocurrencies also faced prolonged weekly declines. This trend unmistakably signals investor caution amidst the allure of competitive traditional investments such as stocks and bonds.<\/span><\/p>\n

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

Despite the overall market downturn, some cryptocurrencies managed to buck the trend with significant gains today. Cream Finance, a decentralized DeFi lending protocol, surged 9.61% to $77.85, highlighting its resilience in the DeFi sector amid market volatility. Artrade, focused on reshaping the art market with blockchain and NFT technology, saw a 5.04% increase to $0.012853, reflecting the growing interest in digital art transactions.<\/span><\/p>\n

Ontology Gas, integral to Ontology blockchain for digital identity and data management, rose by 1.98% to $0.363783. LimeWire Token surged by 16.37% to $0.406944, emphasizing its role in transforming the creative industry amidst broader market fluctuations. Let’s dig into the specifics of these <\/span>top gainers<\/span><\/a>.<\/span><\/p>\n

1. Cream Finance (CREAM)<\/b><\/h3>\n

C.R.E.A.M. Finance is a decentralized DeFi lending protocol within the yearn.finance ecosystem. It operates on Ethereum, Binance Smart Chain, Polygon, and Fantom, offering various financial services. The platform is open-source, permissionless, and blockchain-agnostic, emphasizing accessibility and inclusivity. C.R.E.A.M. Finance supports crucial DeFi assets, including major stablecoins, governance tokens, and leading cryptocurrencies.<\/span><\/p>\n

The platform uses automated market making (AMM) to provide liquidity, enabling users to borrow and lend supported assets while earning liquidity mining rewards in CREAM tokens. By supplying collateral, users can participate in yield farming. C.R.E.A.M. Finance collects swap, lending, and borrowing fees, creating a sustainable ecosystem.<\/span><\/p>\n

\"CREAM<\/p>\n

Staking CREAM tokens for up to four years allows users to accrue rewards, accessible only at the end of the staking period, ensuring long-term commitment and security. As an ERC20 token on Ethereum, CREAM supports Ethereum Virtual Machines through smart contracts, facilitating decentralized autonomous organizations (DAOs).<\/span><\/p>\n

\n

C.R.E.A.M. Markets are coming to @Blast_L2<\/a> to enable advanced native-yielding DeFi farming strategies on Blast.<\/p>\n

Users can supply and borrow assets for their DeFi farming needs while choosing to hold major assets of their choice. pic.twitter.com\/P8UlkpbaST<\/a><\/p>\n

— Cream Finance 🍦 (@CreamdotFinance) June 7, 2024<\/a><\/p><\/blockquote>\n