{"id":540464,"date":"2024-06-26T12:23:22","date_gmt":"2024-06-26T12:23:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=540464"},"modified":"2024-06-26T12:23:22","modified_gmt":"2024-06-26T12:23:22","slug":"top-crypto-gainers-today-jun-26-centrifuge-aioz-network-telcoin-just","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-jun-26-centrifuge-aioz-network-telcoin-just","title":{"rendered":"Top Crypto Gainers Today Jun 26 – Centrifuge, AIOZ Network, Telcoin, JUST"},"content":{"rendered":"

The crypto market experienced a notable recovery yesterday, showing gains across nearly all top 100 tokens by market cap. Despite this upward trend, <\/span>significant liquidations<\/span><\/a> totaling over $87 million occurred within the past 24 hours, primarily driven by $56 million in short positions, as reported by CoinGlass. Bitcoin (BTC) has risen by 2.45%, reaching $61,983, while Ethereum (ETH) increased by 1.88%, trading at $3,403.<\/span><\/p>\n

These gains have led to significant liquidations, including approximately $30.9 million in long positions, underscoring the market’s volatility. This recovery comes after a recent decline, with Bitcoin dropping to as low as $59,780 on Monday. Analysts are now monitoring the activities of “accumulation whales,” large investors who may capitalize on lower prices to accumulate significant cryptocurrency assets.<\/span><\/p>\n

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

Today’s cryptoverse is a mosaic of investor feelings and market movements. With the Fear & Greed Index registering at 46, indicating cautious investor sentiment, the crypto market teeters on the edge. However, despite this, 62% of cryptocurrencies have surged in value over the last 24 hours, showcasing pockets of resilience and bullish momentum.<\/span><\/p>\n

From Centrifuge’s robust 15.21% climb fueled by its innovative DeFi solutions to AIOZ Network’s impressive 13.54% rise driven by its cutting-edge Web3 infrastructure. Telcoin also saw a steady 6.22% increase, while JUST rose 4.37% within TRON’s DeFi ecosystem. These <\/span>top gainers<\/span><\/a> show a dynamic market responding to technological advancements and investor optimism.<\/span><\/p>\n

1. <\/b>Centrifuge (CFG)<\/b><\/h3>\n

Centrifuge is a decentralized asset financing protocol that connects decentralized finance (DeFi) with real-world assets (RWA). It aims to lower capital costs for small and mid-size enterprises (SMEs) and provide investors with stable income. By tokenizing real assets as collateral, Centrifuge enables access to DeFi liquidity via Tinlake, a decentralized lending protocol. It utilizes Polkadot for efficiency and cost-effectiveness, integrating with Ethereum to optimize liquidity pathways and support asset utilization within the decentralized ecosystem.<\/span><\/p>\n

\"CFG<\/p>\n

The network’s security relies on the Polkadot relay chain and a Nominated Proof-of-Stake (NPoS) mechanism. This selects data collators for processing and securely storing network data, ensuring high security and resilience against censorship.<\/span><\/p>\n

Centrifuge’s native token, CFG, provides liquidity, rewards investors, and facilitates the conversion of RWA into NFTs through Tinlake. Additionally, the token is essential for transaction fees and incentivizing network participation.<\/span><\/p>\n

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With rising sentiment around tokenization, an RWA index is a great way for investors to gain exposure to this asset class. <\/p>\n

There's no better duo to pull this off than @indexcoop<\/a> and @_Fortunafi<\/a>.<\/p>\n

We're excited to be a part of it! https:\/\/t.co\/YNRtANZSCd<\/a><\/p>\n

— Centrifuge (@centrifuge) June 19, 2024<\/a><\/p><\/blockquote>\n