{"id":599642,"date":"2024-11-17T20:00:05","date_gmt":"2024-11-17T20:00:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=599642"},"modified":"2024-11-17T20:00:05","modified_gmt":"2024-11-17T20:00:05","slug":"top-crypto-gainers-today-nov-17-astar-network-optimism-injective-conflux","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-nov-17-astar-network-optimism-injective-conflux","title":{"rendered":"Top Crypto Gainers Today Nov 17 – Astar Network, Optimism, Injective, Conflux"},"content":{"rendered":"

Is the market’s volatility keeping you on edge or presenting fresh opportunities? Today, the crypto market cap stands at $3.15 trillion, reflecting a slight dip of -2.5% in the last 24 hours. Despite this, <\/span>top crypto gainers<\/span><\/a> like Astar, Optimism, Injective, and Conflux are surging against the tide. With the Fear & Greed Index at an Extreme Greed level of 90, it’s clear the market is brimming with bullish sentiment. While 80% of cryptocurrencies struggle, these top gainers are driven by innovation and ecosystem growth, offering savvy investors a chance to make profits.<\/span> <\/b><\/p>\n

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

Today’s top crypto gainers are turning heads with impressive performance metrics. Astar Network leads with a 9.15% surge to $0.067393, buoyed by its expanding multi-chain ecosystem. Optimism follows closely, climbing 4.34% to $1.74581, fueled by its role in scaling Ethereum. Injective impresses with a 3.34% rise to $26.39, backed by its advanced DeFi infrastructure and 139.30% gain above its 200-day SMA. Meanwhile, Conflux adds 2.57%, reaching $0.156166, driven by innovative moves like the $500M PayFi initiative.<\/span><\/p>\n

1. <\/b>Astar Network (ASTR)<\/b><\/h3>\n

Astar Network leads as the first top gainer on our list, posting an impressive 9.15% surge to $0.067393 in the last 24 hours. This boost aligns with Astar’s efforts to expand its token’s utility, notably through collaborations with projects on Soneium. The network’s ongoing push to position ASTR as a critical asset in Soneium dApps is catching investors’ attention.<\/span><\/p>\n

\"ASTR<\/p>\n

Astar offers developers a robust platform to build dApps and layer two solutions. It blends compatibility with Ethereum and Cosmos while serving as a Polkadot Parachain. This multi-chain dApp hub supports DeFi, NFTs, and DAOs, ensuring it remains a versatile choice for developers. Backed by Binance Labs and Coinbase Ventures, Astar’s ecosystem demonstrates scalability and significant growth potential.<\/span><\/p>\n

\"ASTR<\/p>\n

The token shows high liquidity with a volume-to-market cap ratio of 0.2671, reflecting strong trading activity. Its 14-day RSI of 57.91 indicates neutral momentum, and with 17 green days in the last 30, ASTR’s recent performance reflects stability with room for growth.<\/span><\/p>\n

Additionally, Astar trades 16.93% above its 200-day moving average, showcasing upward momentum in its long-term trend. The token’s 10% annual growth further highlights its appeal to investors seeking consistent returns.<\/span><\/p>\n

2. <\/b>Optimism (OP)<\/b><\/h3>\n

Optimism is the second gainer on our list today, showcasing its resilience in the competitive crypto market. The layer-two blockchain, built atop Ethereum, has seen its price climb by 4.34% in the past 24 hours, reaching $1.74581. With a high liquidity ratio of 0.3794, Optimism demonstrates strong investor activity, solidifying its position as a key player in Ethereum’s scaling solutions.<\/span><\/p>\n

Optimism’s sustainability-driven approach has fueled its appeal among developers and users. By simplifying transaction processing and eliminating mempools, it offers a seamless user experience. The network’s long-term vision, backed by Ethereum’s robust infrastructure, continues to attract attention.<\/span><\/p>\n

\"OP<\/p>\n

The network’s design blends simplicity and innovation, leveraging optimistic rollups to enhance transaction efficiency while ensuring security through Ethereum’s consensus. Recent data shows Optimism trading 9.22% above its 200-day SMA, indicating bullish momentum. However, the token remains neutral with an RSI of 56.88, suggesting potential for steady growth without immediate overbought risks.<\/span><\/p>\n

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NEW: Optimism Leads in BlackRock's Multi-Chain Push<\/p>\n

Out of the 5 new chains announced for BUIDL today, Optimism is seeing the highest demand, with over $26M in new mints.<\/p>\n

Which chain will be next in line for new flows? Let's watch. pic.twitter.com\/hUY6L1V1y8<\/a><\/p>\n

— RWA.xyz (@RWA_xyz) November 13, 2024<\/a><\/p><\/blockquote>\n