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Top Crypto Gainers Today Mar 13 – IoTeX, ApeCoin, Quant, Synthetix

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Every move carries weight and significance in the crypto market, where data reigns supreme and market dynamics shift with unparalleled speed. With a total trading volume surpassing $575.43 billion in the last 24 hours, the market pulses with excitement and possibility. Currently enveloped in bullish sentiment, the crypto Fear & Greed Index registers an exhilarating reading of 81, signaling extreme greed among investors.

As the digital space surges forward, 63% of cryptocurrencies revel in value gains, while 37% navigate minor setbacks. Amidst this, the highest gainer emerges, TVK, boasting a remarkable 62.03% surge in price. Yet, not all tread the path of ascension; 0x faces a temporary setback, witnessing a -10.14 % drop in price. This article will zero in on outstanding top gainers in the market today. We will uncover opportunities and insights to guide your journey to financial success.

Biggest Crypto Gainers Today – Top List

Let’s glimpse the impressive feats of each of our top crypto gainers before going into the intricacies. IoTeX showcases a notable 11.04% surge in the last 24 hours and an astonishing 251% increase over the past year, maintaining robust liquidity despite a 57% positivity rate in the last 30 days. ApeCoin, despite a 45% decrease over the year, demonstrates resilience with an 11.10% surge recently and a 60% positivity rate in the last 30 days, paired with high liquidity. Quant proves its steady growth with a 13.95% surge in 24 hours and boasts an impressive 60% green days in the last 30 trading days. Synthetix impresses with an 8.70% surge in the last 24 hours, a remarkable 64% increase over the past year, and high liquidity with a 67% positivity rate in the last 30 days.

1. IoTeX (IOTX)

IoTeX operates as a private blockchain, aiming to seamlessly connect Internet of Things devices. Launched in 2019, it addresses challenges in IoT adoption, such as privacy and scalability, through a proof of stake consensus mechanism. The network’s governance token, IOTX, governs its underlying blockchain protocol and serves as gas for transactions.

Led by a global team of 40+ researchers and engineers, IoTeX has developed an EVM-compatible blockchain using Roll-DPoS consensus, processing over 10 million transactions. Additionally, it provides interoperability with Ethereum, BSC, and Heco blockchains, facilitating scalability without high gas fees.

IOTX Price Chart

Its middleware, including Decentralized Identity and Secure Hardware, enables the creation of self-sovereign devices like Ucam and real-world data oracles like Pebble. Ucam is deployed in over 3000 households, while Pebble connects the physical and crypto worlds, serving over 300 developers.

At $0.087931, IoTeX has witnessed an impressive 11.04% surge in the last 24 hours and a remarkable 251% increase over the past year. It stands 122.49% above the 200-day SMA, potentially indicating overbought conditions with a 14-day RSI 72.99. Despite a 57% positivity rate in the last 30 days, IoTeX maintains robust liquidity, boasting a volume-to-market cap ratio of 0.2540.

2. ApeCoin (APE)

ApeCoin is a governance and utility token within the APE Ecosystem, fostering decentralized community building in the web3 frontier. It empowers participants by granting them access to the ApeCoin DAO, enabling them to be involved in decentralized governance processes. Additionally, APE functions as a unifying currency, eliminating the need for centralized intermediaries and providing access to exclusive ecosystem features like games and services.

The APE Foundation oversees ApeCoin’s stewardship, ensuring transparent and community-driven governance. It utilizes the Ecosystem Fund, allocated with 62% of all ApeCoin, to support community initiatives voted on by DAO members. The ApeCoin DAO, open to all ApeCoin holders, facilitates decentralized decision-making regarding fund allocations, governance rules, and project partnerships.

APE is priced at $2.48, witnessing a noteworthy 11.10% surge in the last 24 hours. However, it experienced a significant decrease of 45% over the past year. Despite this, it is trading 27.65% above the 200-day SMA, suggesting stability in its market performance. With a 14-day RSI of 47.36, it demonstrates neutral behavior, indicating potential for both growth and consolidation.

Moreover, ApeCoin has shown a positive trend over the last 30 days, with a 60% positivity rate. This, combined with its high liquidity, reflected by a volume-to-market cap ratio of 0.2668, ensures active participation in the market. Its capacity to sustain liquidity amid market shifts highlights its resilience, cementing its status as a valuable asset within cryptocurrency.

3. Sponge V2 (SPONGE)

In May 2023, Sponge token gained significant attention, launching with no presale event and distributing 40 billion tokens equally. It quickly surged to a $100 million market cap, delivering early investors a staggering 100x return. With 10,000+ holders and 30,000+ social media followers, it showcased remarkable resilience amid market volatility.

Sponge V2, its successor, aims to replicate past surges distinguished by its utility and durability features. Its “stake-to-bridge” mechanism allows seamless migration and staking for Sponge V2 tokens on Polygon. Over 9 billion SPONGEV2 tokens are already staked, with stakers enjoying a remarkable 500+% APY.

Sponge V2 is also set to enter play-to-earn gaming, allowing players to earn tokens through thrilling races and challenges. The project’s move to Polygon enhances user experience and positions it as a premium meme coin.

Anticipation grows for its listing on major exchanges, fueled by community support, innovative utility features, and market performance. Sponge V2 emerges as a compelling option for investors seeking significant financial gains.

Visit Sponge V2 Presale

4. Quant (QNT)

Quant aims to revolutionize blockchain connectivity on a global scale. It offers a breakthrough solution, unlike traditional approaches that often hinder efficiency and interoperability. The pioneering blockchain operating system, Overledger, is designed to seamlessly link diverse blockchain networks without compromising performance.

Overledger is the cornerstone of Quant’s mission, providing developers with a distributed ledger technology framework. Through Overledger, developers can create decentralized multi-chain applications (MApps) by leveraging Quant tokens (QNT). This innovative approach bridges the gap between disparate blockchains, offering a unified ecosystem for future digital economies.

QNT Price Chart

Quant’s unique ability to tackle the longstanding challenge of blockchain interoperability is what sets it apart. While the blockchain industry has witnessed remarkable growth, the need for more seamless interaction between projects has remained a significant hurdle. Quant addresses this issue head-on by offering this Overledger.

Currently priced at $142.74, with a 13.95% surge in the last 24 hours, Quant demonstrates steady growth, trading 29.78% above the 200-day SMA at $110.05. Despite low market dominance of 0.06%, it boasts high liquidity, with a volume-to-market cap ratio of 0.1131. Quant remains poised for further development with a 14-day RSI of 57.22, indicating neutrality. Its recent performance, with 60% green days in the last 30 trading days and a low 30-day volatility of 8%, underscores its stability and potential in crypto.

5. Synthetix (SNX)

Synthetix, an Ethereum-based decentralized protocol, revolutionizes asset representation through tokenized synthetics. These tokens, mirroring assets at a 1:1 ratio, are backed by Synthetix Network Tokens (SNX) staked by users as collateral. It encompasses many assets, including cryptocurrencies, commodities, and fiat currencies.

The system uses SNX tokens to mint synthetic assets, which can be exchanged for SNX upon burning. Users earn rewards for staking SNX, facilitating a dynamic ecosystem. With a robust collateralization ratio of 750%, Synthetix enables seamless conversions between synths without counterparties.

SNX Price Chart

Synthetix is unique for its decentralized exchange and synthetic asset platform, exposing underlying assets without direct ownership. It offers autonomous trading and staking opportunities, rewarding SNX holders with transaction fees from the Synthetix Exchange.

Priced at $5.12, with an 8.70% surge in the last 24 hours, Synthetix has witnessed a 64% increase in the past year. Trading 55.09% above the 200-day SMA, it maintains a neutral stance with a 14-day RSI of 44.61, signaling potential sideways movement. With a 67% positivity rate in the last 30 trading days and a 9% volatility rate, Synthetix boasts high liquidity and stability, solidifying its position in the crypto market. As Synthetix continues to innovate and adapt, it offers investors an exciting opportunity to participate in the future of decentralized finance.

Discover the latest announcement from the Tensor Foundation, revealing their strategy for the TNSR token to enhance community engagement within the rapidly expanding Solana NFT ecosystem. This initiative aims to empower users and drive further growth in the NFT marketplace.

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