{"id":571053,"date":"2024-08-30T12:17:08","date_gmt":"2024-08-30T12:17:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=571053"},"modified":"2024-08-30T12:17:08","modified_gmt":"2024-08-30T12:17:08","slug":"top-crypto-gainers-today-aug-30-flow-kaspa-kucoin-token-multiversx","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-aug-30-flow-kaspa-kucoin-token-multiversx","title":{"rendered":"Top Crypto Gainers Today Aug 30 – Flow, Kaspa, KuCoin Token, MultiversX"},"content":{"rendered":"

As August comes to a close, <\/span>Bitcoin (BTC-USD)<\/span><\/a> has underperformed traditional assets, with an 8% drop this month. This decline is fueled by shrinking liquidity and concerns over potential sell-offs from government-held Bitcoin stockpiles. These stockpiles could add up to a $33 billion supply overhang. <\/span><\/p>\n

Notably, the US, China, the UK, and Ukraine hold significant amounts of Bitcoin, with the defunct Mt. Gox exchange also having a substantial amount to distribute. Despite net inflows into US spot-Bitcoin ETFs and expectations of Federal Reserve policy easing, Bitcoin’s performance has struggled, reflecting the broader market’s uncertainty.<\/span> <\/b><\/p>\n

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

As the crypto market continues to navigate its twists and turns, a few standout tokens have risen to the top today. With solid performance and unique value propositions, Flow, Kaspa, KuCoin Token, and MultiversX have caught the eye of investors. Let’s examine today’s <\/span>top crypto gainers<\/span><\/a> and identify potential gems for your investment strategy.<\/span><\/p>\n

1. <\/b>Flow (FLOW)<\/b><\/h3>\n

Flow is catching attention today with a 1.74% price rise, securing its spot among the top gainers. As a proof-of-stake blockchain, it’s crafted to drive the Web3 era and the open metaverse. Flow supports a range of applications—from Dapps and NFTs to DeFi and DAOs—equipping developers with the tools to innovate. Backed by a track record of successes like CryptoKitties and NBA Top Shot, Flow boasts a thriving ecosystem that draws in top brands, startups, and crypto leaders.<\/span><\/p>\n

The security measures on Flow are cutting-edge and distinct. It uses a multi-task, multi-node approach, dividing validation into four stages, making transactions more efficient and secure. Human-readable security also protects users from malicious apps. Additionally, Flow’s Specialized Proofs of Confidential Knowledge (SPoCKs) add another layer of protection by allowing validators to prove access to confidential data without revealing it.<\/span><\/p>\n

\"FLOW<\/p>\n

Flow demonstrates strong liquidity, boasting a volume-to-market cap ratio of 0.0614. Its 14-day RSI sits at 52.99, signaling a neutral position and hinting at potential sideways trading. Over the past 30 days, Flow has experienced 15 green days, reflecting steady performance. Although it’s currently trading 15.83% below its 200-day SMA, the coin has risen 21% over the past year. However, it has outperformed only 36% of the top 100 crypto assets.<\/span><\/p>\n

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The Flow Community Rewards preseason is now live! <\/p>\n

By locking up $FLOW<\/a> before Season 1, users can earn up to a 15% boost on their locked amount. <\/p>\n

Learn more ⤵️https:\/\/t.co\/uzTHk77nxh<\/a><\/p>\n

— Flow 🌊 (@flow_blockchain) August 28, 2024<\/a><\/p><\/blockquote>\n