{"id":571446,"date":"2024-08-31T14:21:39","date_gmt":"2024-08-31T14:21:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=571446"},"modified":"2024-08-31T14:21:39","modified_gmt":"2024-08-31T14:21:39","slug":"top-crypto-gainers-today-aug-31-uniswap-jasmycoin-neo-binaryx","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-aug-31-uniswap-jasmycoin-neo-binaryx","title":{"rendered":"Top Crypto Gainers Today Aug 31 – Uniswap, JasmyCoin, Neo, BinaryX"},"content":{"rendered":"

Identifying <\/span>top gainers<\/span><\/a> is crucial for investors looking for high-performing assets. Today, Uniswap, JasmyCoin, Neo, and BinaryX stand out, each showcasing unique advancements and market trends. While daily gainers often reflect short-term performance, this article delves deeper into broader market metrics. By examining long-term growth, liquidity, and volatility, we offer a thorough analysis. This helps determine if these tokens are solid all-around gainers worth considering for investment.<\/span> <\/b><\/p>\n

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

The global crypto market is feeling the heat now. <\/span>Bitcoin<\/span><\/a> recently dropped below $59,000 amid global uncertainties and ETF outflows. Additionally, Ethereum and Solana also saw significant declines, with Ethereum down 20.53% and Solana falling over 19%. Despite these challenges, experts suggest the dip may be brief. They expect a potential rate-cutting cycle could soon lift the market. Nevertheless, in this volatile climate, examining our top gainers might reveal valuable investment opportunities.<\/span><\/p>\n

1. <\/b>Uniswap (UNI)<\/b><\/h3>\n

As DeFi continues to reshape finance, Uniswap emerges as a driving force of transformation. Known for its role in facilitating automated trading of DeFi tokens, Uniswap keeps the process open and seamless for anyone holding tokens.<\/span><\/p>\n

The network’s security is anchored in its decentralized protocol, with UNI serving as the governance token. Being an ERC-20 token, UNI leverages the robustness of the Ethereum network. However, it comes with a bit of challenges—network congestion can lead to elevated gas fees and delays.<\/span><\/p>\n

\"UNI<\/p>\n

Recently, the team announced a collaboration with Across Protocol to develop ERC-7683. This new standard targets L2 fragmentation and boosts cross-chain interoperability. By adopting ERC-7683, Uniswap aims to simplify cross-chain interactions, solve liquidity issues, and enhance user experience.<\/span><\/p>\n

Currently trading at $5.94, UNI has seen a 2.19% increase in the past 24 hours. With a high liquidity ratio of 0.0502, it’s clear that the market remains actively engaged. The 14-day Relative Strength Index (RSI) sits at 34.94, indicating a neutral stance—suggesting the possibility of sideways trading in the near term. Over the last 30 days, it recorded a balanced performance with 15 green days, amounting to 50% of the time.<\/span><\/p>\n

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If we want cross-chain interoperability, we need to reduce L2 fragmentation<\/p>\n

That's why we teamed up with @AcrossProtocol<\/a> to develop ERC-7683<\/p>\n

The first standard for cross-chain intents ✨<\/p>\n

— Uniswap Labs 🦄 (@Uniswap) August 28, 2024<\/a><\/p><\/blockquote>\n