{"id":556361,"date":"2024-07-23T18:29:06","date_gmt":"2024-07-23T18:29:06","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=556361"},"modified":"2024-07-23T18:29:06","modified_gmt":"2024-07-23T18:29:06","slug":"top-crypto-gainers-today-jul-24-ethereum-name-service-fasttoken-ethereum-classic-mantle","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-jul-24-ethereum-name-service-fasttoken-ethereum-classic-mantle","title":{"rendered":"Top Crypto Gainers Today Jul 24 – Ethereum Name Service, Fasttoken, Ethereum Classic, Mantle"},"content":{"rendered":"

In the fast-paced crypto market, today’s <\/span>top gainers<\/span><\/a> offer a snapshot of the exciting potential for both short-term traders and long-term investors. The crypto market is a blend of rapid price swings and unique innovations, creating opportunities for those who can stay ahead of the curve. Short-term investors might find these surges thrilling, while long-term players can spot which projects have the foundation for future success. Understanding these dynamics is key to navigating this exhilarating space, where both immediate gains and future potential matter.<\/span> <\/b><\/p>\n

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

Today’s standout tokens each tell their own story. Ethereum Name Service has seen a 4.48% rise, highlighting its crucial role in making blockchain addresses user-friendly and accessible. Fasttoken has grown by 1.39%, reflecting its active role in the Bahamut blockchain and hinting at its potential despite being slightly overbought. Ethereum Classic has achieved a 1.12% increase, showcasing its steady and secure Proof-of-Work system, ideal for those valuing stability. Mantle has edged up by 0.78%, demonstrating its innovative approach to scaling Ethereum and promising future growth. Each of these tokens offers a mix of excitement and stability, making them intriguing for anyone looking to invest wisely in the crypto world.<\/span><\/p>\n

1. <\/b>Ethereum Name Service (ENS)<\/b><\/h3>\n

The Ethereum Name Service is a decentralized naming system on the Ethereum blockchain that converts human-readable addresses into machine-readable codes for wallets like Metamask. By simplifying blockchain addresses, ENS enhances user experience, much like DNS simplifies internet navigation. Additionally, it allows domain owners full control over subdomains, thereby making the Ethereum-based web more accessible.<\/span><\/p>\n

\"ENS<\/p>\n

Furthermore, ENS offers enhanced security and censorship resistance through blockchain technology, operating without single points of failure. It relies on two smart contracts: the ENS registry, which records domains, and the resolver, which translates addresses. With partnerships with wallets like Coinbase Wallet and Trust Wallet, ENS is further integrated into the crypto ecosystem.<\/span><\/p>\n

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We teamed up with Aragon to distribute limited edition dao.eth merch! 🧢 https:\/\/t.co\/g4Q3SiOf00<\/a><\/p>\n

— ens.eth (@ensdomains) July 17, 2024<\/a><\/p><\/blockquote>\n