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Cryptocurrency News Articles

Today's Biggest Crypto Gainers: Aergo, Internet Computer, WEMIX, and THORChain Rise to the Top

Sep 11, 2024 at 09:28 pm

Today’s crypto market is buzzing with action as Aergo, Internet Computer, WEMIX, and THORChain rise to the top. Each of these tokens has demonstrated impressive gains and is capturing significant attention from investors.

Today's Biggest Crypto Gainers: Aergo, Internet Computer, WEMIX, and THORChain Rise to the Top

Today’s crypto market is abuzz with Aergo, Internet Computer, WEMIX, and THORChain emerging as the top crypto gainers. Each of these tokens has clocked impressive gains and is garnering significant attention from investors. In this article, we’ll delve into the factors driving their remarkable price movements. We’ll also examine the strategic developments propelling their growth and highlight what makes these cryptocurrencies stand out. As market dynamics unfold, understanding these top gainers can provide valuable insights into current trends and future potential.

Biggest Crypto Gainers Today – Top List

Let’s quickly summarize each of our top gainers before we go into a deeper analysis. Our first pick, Aergo, has jumped 13.51%, fueled by its recent addition to Binance’s futures trading. Meanwhile, Internet Computer has risen 10.47%, thanks to its innovative cross-chain solutions.

In addition, WEMIX is making waves with a 4.81% gain. Furthermore, THORChain’s recent increase of 3.71% is driven by its merger into the Rujira Alliance. So, whether driven by new technology, strategic alliances, or market momentum, these tokens are certainly worth keeping an eye on today.

1. Aergo (AERGO)

Aergo is leading the pack today with a 13.51% price surge, pushing its value to $0.10021. This uptick follows hot on the heels of Binance’s announcement, adding Aergo to its futures trading portfolio. Investors can now trade Aergo futures with up to 75x leverage, a move that offers high returns but also amplifies risk. This launch has evidently piqued interest, driving liquidity and pushing prices higher.

Beyond the surge, this project distinguishes itself as a blockchain platform designed specifically for enterprises, offering seamless integration for hybrid deployments. Its infrastructure allows businesses to host decentralized applications (DApps) on both public and private blockchains. With support for SQL and Lua smart contracts, it offers a developer-friendly environment. This flexibility, combined with partnerships with giants like Hyundai Motors and Shinhan Bank, strengthens its real-world use cases.

On the technical side, Aergo’s liquidity is strong, reflected in its 2.6593 volume-to-market cap ratio, indicating ample market activity. Interestingly, the 14-day RSI sits at 38.34, showing neutral momentum with the potential for continued sideways trading.

🚀 Exciting news for the Aergo community!

We’re thrilled to announce the launch of USDⓈ-Margined AERGO Perpetual Contracts on Binance Futures with up to 75x leverage!

More info: https://t.co/M6ZBlxbJ1m

— Aergo (@aergo_io) September 10, 2024

Looking further, Aergo has maintained 50% green days over the last 30 days and enjoys relatively low volatility at just 5%. However, it still trades 22.66% below its 200-day simple moving average, which signals room for longer-term recovery.

In the long term, Aergo has outperformed 30% of the top 100 cryptocurrencies over the past year, with a 16% price increase. With its enterprise solutions and Binance’s futures boost, Aergo's momentum may keep growing.

2. Internet Computer (ICP)

Internet Computer has also grabbed the market’s attention today, surging 10.47% in the last 24 hours. This spike comes on the back of exciting news about ICP’s innovative approach to cross-chain transactions. Unlike traditional wrapped tokens that rely on trusted intermediaries, ICP has introduced “chain-key tokens.” These tokens use ICP’s cryptographic protocols, enabling faster, cheaper, and more secure transactions. This game-changing development could be a key driver behind the recent price surge.

At its core, ICP is a revolutionary blockchain project designed to reshape how online services are built and operated. It offers a “World Computer” capable of supporting web-scale applications without relying on traditional cloud infrastructure. Developers can build decentralized platforms, websites, and services with full end-to-end decentralization. The ICP token powers computations through “cycles,” can be staked in its governance DAO for rewards, and serves as a store of value for web3 investments.

Say goodbye to:🌉 Bridging assets⛽ Slow transactions & high gas fees🙅‍♀️ User and liquidity fragmentation

Say gm to ✨chain-key tokens✨ https://t.co/JPgZkz05Zl

— DFINITY (@dfinity) September 10, 2024

At $8.53, ICP is showing strength, boasting high liquidity with a market cap-to-volume ratio of 0.0

News source:insidebitcoins.com

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