Top Crypto Gainers Today Aug 27 – Decred, WEMIX, Gala, Fasttoken

As the entire cryptocurrency market capitalization reaches $2.19 trillion, Bitcoin has fallen by 2.25% to $62,443. Regardless of this decline, Decred, WEMIX, Gala, and Fasttoken stand out as at this time’s prime crypto gainers, showcasing notable progress. The Concern & Greed Index stays impartial at 48, with 94% of cryptocurrencies shedding worth up to now 24 hours. In distinction, the robust efficiency of those 4 tokens highlights their distinctive strengths and potential. Thus, they provide intriguing alternatives for buyers navigating the present market atmosphere. 

Largest Crypto Gainers At present – High Record

At present’s prime crypto gainers embrace Decred, which has risen by 10.29% on account of its modern Proof-of-Work and Proof-of-Stake mechanisms. WEMIX has elevated by 3.19%, pushed by ecosystem expansions regardless of some liquidity challenges. Gala has grown by 1.59%, benefiting from its steady and versatile GalaChain infrastructure. In the meantime, Fasttoken has seen a 1.03% rise, marked by robust efficiency and excessive liquidity. Lastly, Base Dawgz is presenting an enormous funding alternative with its presale, elevating over $3 million and shutting in lower than 24 hours!

1. Decred (DCR)

Decred is on the forefront of at this time’s prime gainers, emphasizing its distinctive place within the crypto market. It stands out with its modern mixture of Proof-of-Work and Proof-of-Stake mechanisms. These two methods work collectively to make sure each safety and lively participation from stakeholders. Furthermore, Decred’s strategy empowers its group, permitting coin holders to form the community’s future.

Decred’s decentralized governance offers stakeholders a direct say in choices, from protocol modifications to funding. Its treasury, funded by block rewards, ensures sustainable improvement with out exterior reliance, avoiding centralization dangers.

Another excuse Decred is grabbing consideration is its dedication to safety, privateness, and scalability. It evolves with applied sciences like atomic swaps, enabling trustless, environment friendly blockchain exchanges whereas driving steady innovation.

DCR’s spectacular 10.29% surge within the final 24 hours clearly locations it on the prime of at this time’s gainers. Its excessive buying and selling quantity, as proven by its 0.0424 volume-to-market-cap ratio, highlights robust liquidity and investor curiosity. Moreover, the 14-day RSI of 44.14 exhibits that Decred is at present impartial, which hints at stability and suggests it could commerce sideways.

Decred v2.0.0 is out!

This can be a new main launch of dcrd, Decred’s full node.

Among the key highlights are:

– Decentralized StakeShuffle mixing
– Larger community throughput
– Light-weight shopper sync time lowered by round 50%
– Improved preliminary peer discovery pic.twitter.com/Re4uDS1NsR

— Decred (DCR) (@decredproject) May 21, 2024

Moreover, its 9% volatility during the last 30 days highlights its relative stability, making it a positive choice for buyers. Nonetheless, it’s essential to notice that Decred continues to be buying and selling 28.93% beneath its 200-day SMA. Whereas this may appear regarding, it may additionally signify a possible shopping for alternative for many who imagine in its long-term progress.

Over the previous yr, the value of Decred has decreased by 5%. Although it has solely outperformed 11% of the highest 100 crypto property, its current momentum suggests a attainable turnaround.

2. WEMIX (WEMIX)

WEMIX is up within the crypto market at this time, with a notable 3.19% surge in worth, bringing it to $0.893108. This rise comes as WEMIX continues to develop and refine its ecosystem. The platform options WEMIX Play, the world’s largest play-and-earn gaming hub, and NILE, a cutting-edge DAO-powered group.

Moreover, WEMIX.Fi provides various DeFi providers corresponding to swapping, staking, and borrowing, all with low charges and excessive speeds. The SPoA consensus algorithm secures the ecosystem and 40 decentralized nodes, whereas WEMIX$, the stablecoin, stays absolutely collateralized.

Latest updates have additional strengthened the WEMIX ecosystem. The WEMIX.Fi platform has launched WONDER Staking and revised the Full Vary Deposit Pool, with property now accessible by means of Swap. Additionally, WEMAX has launched, managing a number of providers beforehand offered by WEMIX.Fi, together with Concentrated Vary Deposit Swimming pools and LIQUID Staking. These modifications purpose to reinforce stability and interact customers extra successfully throughout the ecosystem.

WEMIX․Fi Service Revised

FOCUS 🎯 Service stability & ecosystem enrichment
LAUNCH 🚀 #WEMIX Stake and WEMAX DeFi providers
OTHERS 💡 MLP changes, service terminations

Empowering the way forward for finance 🔗https://t.co/41eTKS5MeT pic.twitter.com/WH5YDzlCGN

— WEMIX (@WemixNetwork) August 23, 2024

Nonetheless, WEMIX is at present going through challenges, buying and selling 37.02% beneath its 200-day SMA, marking a major drop. Regardless of this, the token has seen a 55% worth enhance over the previous yr, suggesting some restoration, nevertheless it’s removed from a transparent upward development.

The 14-day RSI is at 68.17, which signifies that WEMIX is near being overbought, and we would see some sideways buying and selling within the close to future. Liquidity is one other concern, with a market cap-to-volume ratio of 0.0194, signaling solely medium liquidity. These figures counsel that whereas WEMIX has potential, it’s nonetheless navigating a tough path.

3. Base Dawgz (DAWGZ)

Base Dawgz is rapidly changing into some of the talked-about meme cash within the crypto group. With over $3 million raised in just some weeks, DAWGZ has already made a major influence, particularly because the presale is about to shut on August twenty eighth at 8 PM CET. This success is notable, notably in a market the place new meme cash usually battle to achieve traction.

Necessary Announcement 📣

The $DAWGZ presale will finish on the twenty eighth of August at 20:00 CET.

That is your final probability to purchase $DAWGZ forward of launch. Seize this chance!

— Base Dawgz (@BaseDawgz) August 24, 2024

The enchantment of DAWGZ lies in its potential for prime returns. Analysts predict that early buyers will see positive aspects starting from 10x to 100x. The venture’s media protection from distinguished platforms like Cointelegraph and CoinMarketCap additional cements its popularity as a meme coin with critical potential.

What units Base Dawgz other than different meme cash is its distinctive strategy to group engagement and incentives. Traders can earn extra DAWGZ tokens by sharing content material on social media. The “refer-to-earn” program additionally provides rewards based mostly on presale investments. Moreover, DAWGZ holders can stake tokens throughout a number of chains, with present rewards exceeding 775%.

With the DAWGZ presale ending tomorrow, time is operating out to safe your tokens. Act now by clicking the hyperlink beneath to swap ETH, USDT, BNB, AVAX, or SOL instantly by means of the venture’s web site. Don’t miss your probability to affix earlier than it’s too late!

Go to Base Dawgz Presale

4. Gala (GALA)

Gala is a Web3 ecosystem powered by GalaChain, a layer-1 blockchain with large ambitions. Initially, GalaChain supported Gala Video games, Music, and Movie. Nonetheless, it has now expanded, welcoming builders from numerous industries. These builders can use open-source instruments just like the GalaChain SDK and Creator Portal to convey their concepts to life.

Furthermore, GalaChain provides nice flexibility. Belongings created on GalaChain will be simply bridged to different blockchains, corresponding to Ethereum and Binance Good Chain. In the meantime, the spine of GalaChain is its Decentralized Bodily Infrastructure Community (DePIN). Founder’s Nodes, which energy this community, earn day by day $GALA rewards and take part in governance choices.

Safety is one other power of Gala. It’s ranked because the third most safe altcoin by CertiK, proper behind BTC and ETH. The $GALA token makes use of a Gnosis multisig secure, guaranteeing no single crew member has full management. Moreover, Gala maintains robust governance and compliance requirements by working with worldwide regulatory companies.

Uncover the ability of nodes in web3! 🌐 Find out how Gala Founder’s Nodes present important help for decentralized storage and computing within the Gala ecosystem. #Blockchain #Web3 #GalaGameshttps://t.co/19uXXQaw2e

— Gala Video games (@GoGalaGames) August 15, 2024

At present’s worth motion exhibits why GALA is a prime gainer. At present priced at $0.02138, it has seen a 1.59% enhance within the final 24 hours. Moreover, it enjoys excessive liquidity, with a volume-to-market cap ratio of 0.3701. Though the 14-day RSI sits at 34.39, suggesting impartial sentiment, GALA has proven resilience. It has had 13 inexperienced days within the final 30 days, which is about 43%. Moreover, its 30-day volatility is a low 14%, making it comparatively steady.

Regardless of buying and selling 12.19% beneath its 200-day SMA, GALA has nonetheless elevated by 13% over the previous yr. Though it solely outperformed 24% of the highest 100 crypto property by market cap, GALA’s potential stays robust.

5. Fasttoken (FTN)

Rating fourth in at this time’s prime gainers, Fasttoken is valued at $2.50 and has risen by 1.03% over the previous 24 hours. Notably, FTN operates because the native forex of the Bahamut blockchain, a singular EVM-based Layer 1 answer with its personal Proof of Stake and Exercise (PoSA) consensus. This setup helps staking, block creation, validation, and cross-chain actions.

Fasttoken’s affect spans over 2.5 million customers in 182 nations, and it has greater than half one million holders throughout numerous exchanges and pockets addresses. Including to its enchantment, FTN’s safety is strong, having handed rigorous audits from Hexens and CertiK, which boosts investor confidence.

⚡️$FTN has climbed into the highest 80 on @coingecko !

Examine right here 👉 https://t.co/d8DC3rS3ty#ftn #fasttoken #Top80 pic.twitter.com/nK7TGfPJMb

— Fasttoken (@fasttoken_com) August 7, 2024

FTN’s excessive liquidity, with a 0.1939 volume-to-market-cap ratio, underscores robust investor curiosity. In the meantime, its 3% 30-day volatility highlights stability, particularly when in comparison with GALA’s 14% volatility. Additionally, over the previous 30 days, FTN has surged by 47%, underscoring its spectacular current efficiency. This spectacular liquidity and low volatility clearly distinguish it from its friends.

Moreover, FTN is buying and selling an astonishing 151,800.88% above its 200-day SMA, far exceeding GALA’s 12.19% beneath and WEMIX Token’s 37.02% decline. Over the previous yr, this prime gainer’s 128% achieve considerably outstrips WEMIX’s 55% and GALA’s 13%. With its efficiency outpacing 64% of the highest 100 crypto property, FTN’s spectacular stability and progress clearly distinguish it in at this time’s market.

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