Crypto Gloom

Top Crypto Gainers of the Day August 19 – SuperRare, Toncoin, Iotex, DeXe

Crypto Companies News
By Crypto Gloom

Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.

The cryptocurrency market is currently experiencing volatility. Bitcoin After briefly reaching $60,000, it fell to $58,420, a decrease of 2.60% in 24 hours. The total market cap is $2.07 trillion, and Bitcoin has a 55.70% dominance, giving it a market cap of $1.15 trillion. The Fear & Greed Index is 28, reflecting the fear in the market, with 78% of cryptocurrencies losing value, and only 22% gaining in the last 24 hours. Amid this uncertainty, top gainers like SuperRare, Toncoin, IoTeX, and DeXe are making notable moves.

Biggest Crypto Gainers Today – Top List

SuperRare leads the pack with a daily surge of 24.39% and a yearly gain of 326%, showing strong momentum while trading well above its 200-day SMA. Toncoin follows with an impressive 7.95% daily gain and a yearly gain of 423%, also showing notable growth while trading well above its 200-day SMA.

IoTeX has shown a smaller daily gain of 5.88% and a yearly gain of 135%, but is trading below its 200-day SMA, suggesting downward pressure. DeXe has shown a stable performance with a daily gain of 4.74% and a yearly gain of 249%, trading comfortably above its 200-day SMA. Respectively Top Gainer While SuperRare and Toncoin lead the growth, IoTeX and DeXe show stability along with future potential.

1. Super rare

SuperRare is a curated NFT marketplace focused on on-chain art, where artists and collectors can buy, sell, and trade digital art. Governed by RARE token holders via the RareDAO, the platform ensures decentralized decision-making. Furthermore, it is secured by Ethereum’s proof-of-stake mechanism, requiring validators to stake 32 ETH. In addition, governance is strengthened with a 4/7 multi-signature wallet, further enhancing security and decentralization.

Currently, SuperRare is trading at $0.260585, up 24.39% in just 24 hours. Last year, the token surged by 326%. This impressive performance puts RARE at the top of the list of top gainers. In fact, it is outperforming 89% of the top 100 crypto assets. It has also shown solid momentum, recording 14 green days out of the last 30 days.

RARE Price Chart

Technically, RARE is trading 203.62% above its 200-day simple moving average (SMA) of $0.086334. This indicates strong bullish momentum. In addition, the 14-day Relative Strength Index (RSI) is at 54.43, suggesting a neutral stance. Liquidity is another strength of RARE. With a volume to market cap ratio of 3.5380, the token shows high liquidity. In addition, with a 30-day volatility rate of only 28%, RARE offers a relatively stable trading environment.

Recently, RARE made headlines by breaking the $0.3 mark, rising a whopping 174.3% over the past seven days. This surge was fueled by growing interest in digital art. However, while excitement is high, the volatile nature of the market suggests cautious optimism. In any case, the future of SuperRare looks promising.

2. Toncoin (TON)

Toncoin has been gaining significant attention, especially after its recent 9% gain to $7.05. This gain is related to its addition to Binance’s Launchpool, which allows users to stake assets like BNB and FDUSD to earn TON tokens, increasing visibility and accessibility. This listing is a major support that will increase short-term demand and solidify Toncoin’s position in the market.

Beyond this immediate impact, Toncoin’s long-term potential is supported by its strategic partnership with Telegram. TON, Telegram’s official Web3 infrastructure, aims to significantly expand its user base and utility by onboarding 30% of all users by 2028. TON’s cutting-edge technology further complements this partnership. Its sharding mechanism enables near-infinite and ultra-fast transactions, ensuring scalability and efficiency for its growing user base.

TON Price Chart

Toncoin’s ecosystem is also robust, offering services such as TON Storage, TON Proxy, and TON DNS. These services enhance functionality and security to attract developers and users. The network’s security is enhanced by the Proof of Stake (PoS) mechanism and smart contracts.

Investors should also take note of Toncoin’s strong market performance. It has outperformed 90% of the top 100 crypto assets over the past year, posting a whopping 423% price gain. The token is currently trading at 246.81% above its 200-day SMA, indicating strong upside momentum. Despite this growth, it has maintained a low 30-day volatility of 7%, suggesting relatively stable trading conditions. With a strong liquidity ratio of 0.0419 and recent performance, Toncoin is well positioned for short-term gains and long-term growth.

3. SHIBASHOOT

Shiva shootout Bringing the legendary meme dog to a fascinating Western setting, we create an engaging Play-to-Earn experience. Set in the fictional city of Shiva Gulch, the game allows players to engage in thrilling gunfights and earn SHIBASHOOT tokens. The game is already available on both Google Play and the Apple App Store, but we are waiting for the Web3 update that will enable token rewards.

In addition, players can engage in epic duels where accuracy and timing are crucial. In addition to the core gameplay, Shiba Shootout offers interesting features. For example, Cactus Staking allows you to accumulate tokens over time. In addition, Posse Rewards is a referral program that increases the income of both the referrer and the referee.

In addition, the game introduces several attractive elements. Campfire Stories provides a platform for sharing cryptocurrency experiences. Governance Roundups allows players to participate in project decisions. Finally, Lucky Lasso Lotteries offers the opportunity to win substantial cryptocurrency prizes. These elements enhance the gaming experience and foster a vibrant community.

As for the token’s market performance, SHIBASHOOT is currently priced at $0.0199, and the pre-sale raised about $1 million out of the $1.7 million goal. As development progresses through several stages, from initial research to marketing push, Shiva shootout It is expected to have a significant impact upon its official launch. Given its innovative concept and strong meme appeal, it is likely that the project will experience significant price increases as it evolves.

Shiba Shootout Pre-Sale Visit

4. IoTeX (IOTX)

IoTeX is a decentralized platform that was launched in April 2019 to revolutionize the machine economy. It features a high-performance EVM-compatible blockchain with a Roll-DPoS consensus mechanism. The platform supports Ethereum, BSC, and Heco with tools such as the ioPay wallet and ioTube bridge. Ring signatures and trusted payment codes ensure strong security, while Delegated Proof of Stake (DPoS) promotes decentralization by allowing stakeholders to vote on block producers.

IOTX Price Chart

Recently, IoTeX introduced the Surf Accelerator Cohort, showcasing nine new DePin projects. Among them, Nubila Network focuses on ESG issues and accurate weather data, Qualoo Network aims to map Internet quality in real time, SWEATEMPLE provides AI-based fitness rewards, and SCANNIT promotes financial digital identity ownership through receipt scanning. Furthermore, projects like Magma Protocol, Bedrock, Quenta, Loxodrome, and PinSwap add unique innovations despite their varying levels of social media traffic.

So how is the market reacting to this latest innovation? As of today, IoTeX is trading at $0.033571, up 5.88% over the last 24 hours. The token has strong liquidity with a volume to market cap ratio of 0.0715. However, it is 19.62% below its 200-day SMA of $0.041767, suggesting downward pressure. The 14-day RSI of 62.63 suggests a neutral market stance, potentially leading to sideways trading. Stability is evident with a low 30-day volatility of 16%. IoTeX has surged 135% in the past year, outperforming 80% of the top 100 crypto assets. The question remains: Will these new DePin projects bring more growth and influence to the crypto space?

5. DEXE

DeXe is a leading protocol in the DeFi sector, specializing in the creation and governance of decentralized autonomous organizations (DAOs). It aims to foster the development of fair, meritocratic, and effective DAOs, with a focus on rapid, sustainable growth and active member participation. The DeXe protocol, governed by the DeXe DAO, utilizes the DEXE token as its core governance tool. This token allows holders to influence key decisions and contribute to shaping the future of the protocol.

DEXE Price Chart

Strategic partnerships such as the partnership with SwissBorg have strengthened DeXe’s ecosystem. These collaborations strengthen its influence by expanding its reach and applications in blockchain and DeFi. Furthermore, security is a key focus for DeXe. Robust smart contracts that are rigorously audited to prevent vulnerabilities are at the core of the framework. In addition, the decentralized DAO structure ensures transparency and reduces control risks. The non-custodial wallet further protects users by giving them full control over their assets, minimizing the risks associated with centralized storage.

In terms of market performance, DeXe is currently priced at $7.63, reflecting a 4.74% increase in the last 24 hours. It also has moderate liquidity with a volume to market cap ratio of 0.0106. Meanwhile, Top Winner The 14-day RSI is at 38.33, indicating a neutral market situation. It also shows a relatively stable trading situation with a 30-day volatility of 14%. It has recorded a trading volume of 171.93% higher than the 200-day SMA and has achieved a remarkable price increase of 249% over the past year. What is impressive is that DeXe has outperformed 86% of the top 100 crypto assets by market cap over the same period.

Read more

PlayDoge (PLAY) – The latest ICO on the BNB chain

Play-dodgePlay-dodge
  • 2D Virtual Dodge Pet
  • Play to earn Meme Coin Fusion
  • Staking and In-Game Token Rewards
  • SolidProof Thanks – playdoge.io

Play-dodgePlay-dodge


Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.

You might also like More from author