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It’s a dynamic day in the crypto markets; the global market cap stands at an impressive $2.46 trillion, reflecting a minor dip of -1.08% in the last 24 hours but having a 97.81% increase year-over-year. The current market sentiment remains bullish, with the Fear & Greed Index showing a reading of 60, signaling a prevailing sense of greed among investors. Despite the overall market’s slight downturn, 19% of cryptocurrencies have posted gains, leaving 81% trailing behind.
Leading the charge today is Aragon, which has surged by a remarkable 12.83% in the past 24 hours. In contrast, Aerodrome Finance has struggled, experiencing a significant drop of -11.05% within the same timeframe. Amid these fluctuations, four top gainers from the 19% of cryptocurrencies showing positive movement warrant a closer look for potential portfolio inclusion.
Biggest Crypto Gainers Today – Top List
Tracking the daily top gainers provides invaluable insights into emerging trends and technological advancements. Today’s spotlight shines on four unique performers. Raydium grabs attention with its cutting-edge automated market maker and seamless link to Serum’s order books. Meanwhile, Holo impresses with its ability to host decentralized apps on a peer-to-peer network, skipping traditional blockchain tech.
Beldex is breaking ground with its top-notch privacy features and inventive decentralized apps. Solana, too, makes the list with its rapid transaction speeds and continuously expanding ecosystem. Each project shows impressive gains, ranging from 0.41% to 2.73%, and highlights key innovations shaping the future of blockchain technology and decentralized finance. Do keep reading to explore their latest achievements and find out what truly makes these top gainers stand out.
1. Raydium (RAY)
Raydium is transforming decentralized finance (DeFi) as an advanced automated market maker (AMM) and liquidity provider on the Solana blockchain. What sets Raydium apart is its unique integration with Serum’s central limit order book. By channeling liquidity into Serum’s order books, Raydium not only enhances liquidity access for its users but also allows liquidity providers to tap into the vibrant order flow of Serum’s DEX.
The native RAY token plays a pivotal role in the Raydium ecosystem, offering multiple benefits to its holders. By staking RAY, users can earn protocol fees, secure IDO allocations, and participate in governance decisions. Developed by experts AlphaRay, XRay, and GammaRay, Raydium leverages Solana’s scalability and encryption, along with thorough security audits, to ensure a secure environment.
Raydium has integrated @moonpay, giving its 20M users instant access to the @solana ecosystem! 🚀
For new users, you can now on-ramp to Solana in seconds. For existing users, you now have off-ramp rails at your fingertips.https://t.co/ouBYKZ06vD
— Raydium (@RaydiumProtocol) July 18, 2024
Raydium’s price surge of 2.73% over the past 24 hours highlights its strong market presence. The cryptocurrency’s 14-day RSI of 72.78 indicates that it is currently overbought, suggesting a potential price correction soon. Despite its current overbought status, the price volatility remains low at 9%, and it is trading well above the 200-day SMA by 574.59%.
With a high liquidity ratio of 0.0304 and a market cap of $524.05M, Raydium shows significant trading activity. Over the past year, Raydium has outperformed 95% of the top 100 crypto assets with a 700% price increase. The consistency shown by 20 green days in the last 30 days adds to its strong long-term potential.
2. Holo (HOT)
Holo is shaking up how decentralized apps (DApps) are hosted by connecting the everyday internet with Holochain-based apps, which skip the usual blockchain tech. Using a peer-to-peer distributed platform, Holo allows easy access and hosting of DApps by network participants. With the ability to handle billions of transactions simultaneously, Holo offers a scalable and efficient solution for mainstream DApp hosting.
What makes Holo unique is its decentralized and secure validation approach. Each DApp has its own rules and local hash chains, with random peers validating transactions using a gossip protocol. This method ensures data integrity without needing global consensus and minimizes central control risks.
HOT tokens play a crucial role in the Holo ecosystem by serving as a bridge between traditional internet users and Holochain-based DApps. Initially issued as an ERC-20 token, HOT acts as an “IOU” that will be redeemable for HoloFuel, the native token used for transactions within the Holo network.
Privacy first mobile phone company @hello_volla has developed a mobile chat-app built with #Holochain, shipping natively on their new Quintus phones. https://t.co/SxRh3gzuTT https://t.co/WygM9WDs7d
— Holochain (@Holochain) June 27, 2024
HOT is currently trading at $0.00177, marking a 1.21% rise in the past 24 hours and boasting a solid liquidity ratio of 0.1406. The 14-day RSI is at 63.30, placing HOT in a neutral zone, indicating stable trading conditions without immediate overbought signals. The 30-day volatility is at 7%, reflecting relatively low price fluctuations in the short term.
Over the past year, Holo’s price has increased by 33%, which is modest compared to its peers. It has outperformed 40% of the top 100 crypto assets by market cap. Trading 19.67% above its 200-day SMA of $0.001477 shows moderate long-term growth. While stable, it doesn’t match Raydium’s or Solana’s extraordinary growth, making it a more stable but less explosive investment.
3. 99Bitcoins (99BTC)
$99BTC, the native cryptocurrency of 99Bitcoins, is making waves this month. Unlike fleeting meme coins, $99BTC brings long-term value through its unique utility and strong market relevance. 99Bitcoins, a leading crypto education platform with over a decade of experience, has cultivated a substantial following of 700k social media followers and nearly 3 million email subscribers. The platform has established its credibility by offering interactive and comprehensive educational resources, and $99BTC is poised to further enhance its influence by powering a new Learn-to-Earn platform.
The Learn-to-Earn model rewards users with $99BTC tokens for engaging with educational content. This gamified approach not only increases user engagement but also attracts a broader audience to the crypto space. As learners complete modules and quizzes, they earn tokens, which can be used to access more content and unlock advanced courses.
BIG NEWS! 🚀
Our $99BTC #Presale has just surpassed $2.4 MILLION! 🎉
This is your opportunity to join early and be part of something big. 👀
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👉 https://t.co/NXD7DAamqr#99Bitcoins #Cryptocurrency #L2E pic.twitter.com/Asqy4JcG1P— 99Bitcoins (@99BitcoinsHQ) July 15, 2024
The presale of $99BTC has generated significant buzz, with nearly $2.5 million raised and a hard cap of $3.1 million. Investors are eager to participate, thanks to the low presale price of $0.00113 and high staking rewards with an impressive 704% APY. The token’s anticipated listing on major exchanges and the ongoing airdrop campaign further amplify its market potential. Positioned as a BRC-20 token on the Bitcoin blockchain, $99BTC combines strong brand value with a pioneering educational model, setting the stage for a potentially explosive debut in 2024.
Visit 99Bitcoins Presale
4. Beldex (BDX)
Beldex is a privacy-focused ecosystem that secures online interactions through its decentralized applications (dApps). Beldex’s blockchain uses advanced privacy technologies like the RingCT protocol, ring signatures, and the CryptoNight hashing algorithm, making transactions nearly impossible to trace. This dedication to privacy extends to its dApps, including BChat for anonymous messaging, BelNet for private VPN services, and the Beldex Browser.
Beldex excels in cross-chain anonymity and interoperability with its Beldex bridge, which integrates with BNB Smart Chain. The transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has improved BDX token scalability, reduced fees, and enhanced transaction speeds. Users can run masternodes with 10,000 BDX to validate transactions and stake BDX.
The ecosystem includes a coin burn mechanism to control inflation, with Flash transactions boosting efficiency. Also, incorporating privacy protocols from Monero, Dash, and Zcash, Beldex provides robust security, making it a key player in the privacy-centric crypto space.
Beldex is live on @zelcore_io wallet! Now you can store, send and receive BDX on https://t.co/ppoKhDPFio
Available for Windows, macOS, Linux, Android, and iOS🚀 pic.twitter.com/ecIu38kZJu
— Beldex.bdx (@BeldexCoin) June 25, 2024
Beldex’s modest 1.89% price increase in the past 24 hours reflects steady growth. The 14-day RSI of 65.59 places it in a neutral zone, suggesting potential stability in the short term. Its price volatility is low at 12%, indicating a relatively stable market.
However, its low liquidity, with a volume-to-market cap ratio of 0.0032, indicates less trading activity compared to RAY. Beldex is trading 10.35% above its 200-day SMA, and over the past year, its price has only increased by 7%. Furthermore, it has surpassed just 28% of the top 100 crypto assets, showing weaker long-term potential.
5. Solana (SOL)
Solana, launched in March 2020 by the Solana Foundation, is a groundbreaking blockchain project that enhances decentralized finance (DeFi) through its unique hybrid consensus model. Combining proof-of-history (PoH) with proof-of-stake (PoS), Solana achieves rapid transaction processing and low fees, attracting both small traders and institutional investors. Its innovative technology positions Solana as a significant competitor to Ethereum, with a focus on scalability and performance.
Solana has a rapidly expanding ecosystem with diverse projects. It includes DeFi platforms, NFT marketplaces, and decentralized exchanges. Notable projects are Serum, a fast decentralized exchange, and Solanart, a popular NFT marketplace. The network has attracted major venture capital from firms like Andreessen Horowitz and Polychain Capital. Also, the SOL token embodies Solana’s potential to transform the DeFi space, making it a key player with ambitions to become the “Visa of crypto.”
Analyst @ph0rt0n recently put together an in-depth report on the State of Solana.
The Q2 TLDR? Builders kept building. Here’s some highlights you won’t want to miss:
1. The institutions are coming
Stripe demoed their upcoming payments solution on Solana using Phantom, and… pic.twitter.com/D428D5Bl9Z— Solana (@solana) July 17, 2024
Solana, with a minimal 0.41% price increase in the last 24 hours, shows resilience in the market. Its 14-day RSI of 32.35 suggests neutrality, implying stable trading in the short term. Solana’s price volatility is the lowest among the compared assets at 6%, indicating short-term stability.
Solana boasts high liquidity with a volume-to-market cap ratio of 0.0847. With 19 green days out of the last 30, Solana has a strong positive trend. Trading 20.65% above its 200-day SMA, Solana has seen a remarkable 498% increase over the past year, outperforming 89% of the top 100 crypto assets. This positions Solana as a long-term top gainer alongside Raydium.
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