{"id":588821,"date":"2024-10-18T12:31:27","date_gmt":"2024-10-18T12:31:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=588821"},"modified":"2024-10-18T12:31:27","modified_gmt":"2024-10-18T12:31:27","slug":"top-crypto-gainers-today-oct-18-uma-fasttoken-stacks-iotex","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-oct-18-uma-fasttoken-stacks-iotex","title":{"rendered":"Top Crypto Gainers Today Oct 18 – UMA, Fasttoken, Stacks, Iotex"},"content":{"rendered":"

The <\/span>Central and Southern Asia and Oceania (CSAO)<\/span><\/a> region is bursting onto the scene as a powerhouse in global crypto adoption! With an astounding $750 billion in cryptocurrency inflows, this region is making waves. The excitement is palpable as these nations redefine the future of finance!<\/span><\/p>\n

This thrilling situation sets the stage for today’s focus on <\/span>top crypto gainers<\/span><\/a>. In this article, we’ll highlight UMA, Fasttoken, Stacks, and IoTeX. Each of these cryptocurrencies is experiencing substantial price surges and has exciting developments. <\/span><\/p>\n

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

First up is UMA, which leads the pack with a 15.43% increase thanks to its innovative Oracle technology. Fasttoken follows closely, rising by 6.05% as it leverages the Bahamut blockchain. Stacks shines with a 4.54% gain, unlocking Bitcoin capital. Meanwhile, IoTeX enjoys a 2.55% boost, driven by its partnership with Starpower and a remarkable 135% annual increase. So, let’s dive in and explore these gaining tokens that are reshaping the future of cryptocurrency!<\/span><\/p>\n

1. UMA (UMA)<\/b><\/h3>\n

In today’s lineup of top crypto gainers, UMA takes the spotlight, surging by 15.43% in the last 24 hours. What makes UMA stand out is its innovative, optimistic Oracle system, which is revolutionizing how on-chain environments manage data. Unlike traditional price-feed oracles, UMA employs a “true unless disputed” mechanism, allowing for human input to settle disputes. This feature is key, especially in DeFi and Web3, where data isn’t always straightforward.<\/span><\/p>\n

Moreover, UMA’s dispute resolution process involves three core players: the data requester, the proposer, and the disputant. If there’s a disagreement, token-holders step in, voting to resolve disputes within 48 hours. If correct, disputers are rewarded, while incorrect ones face penalties. As a result, UMA’s system ensures fairness while maintaining flexibility, making it a powerful tool for Web3 projects.<\/span><\/p>\n

\"UMA<\/p>\n

On the security front, UMA shines. All its smart contracts, audited by OpenZeppelin, are built on Ethereum, offering developers a secure foundation for decentralized apps. What’s more, UMA token-holders play a direct role in securing the system by voting on disputes, and as they claim rewards, their voting power grows.<\/span><\/p>\n

In terms of liquidity, UMA boasts a strong volume-to-market cap ratio of 1.07, ensuring smooth trading. Yet, despite its strong price surge, the RSI stands at a neutral 58.11, suggesting that UMA may trade sideways in the short term.<\/span><\/p>\n

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With $UMA<\/a>, you hold more than just a token—you hold the key to onchain truth.<\/p>\n

✔️ Stake and vote to resolve onchain data disputes.<\/p>\n

✔️ Earn up to 30% APR.<\/p>\n

✔️ Secure the future of DeFi.<\/p>\n

Here’s what you need to know to get started… 🧵 pic.twitter.com\/K80LkLnU8t<\/a><\/p>\n

— UMA 🥚 (@UMAprotocol) October 16, 2024<\/a><\/p><\/blockquote>\n