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Cryptocurrency News Articles

Bitcoin Nears $100,000 as Biggest Crypto Gainers Today Include Mantle, Qtum, and Ethereum Name Service

Nov 22, 2024 at 07:45 pm

Bitcoin is on the verge of something big, nearing the $100,000 mark, as the crypto market pulses with excitement.

Bitcoin Nears $100,000 as Biggest Crypto Gainers Today Include Mantle, Qtum, and Ethereum Name Service

Bitcoin nears $100,000 mark as crypto market surges

The crypto market is pulsing with excitement as Bitcoin edges closer to the highly anticipated $100,000 mark. This surge comes amid growing optimism over friendlier US regulations for digital assets. With President-elect Trump showing support for digital assets, the market has seen a remarkable $1 trillion surge since his election. But Bitcoin’s gains aren’t just making headlines; they’re also setting the pace for the future of crypto. Here’s a closer look at the other tokens riding high on this market uptrend.

Biggest Crypto Gainers Today – Top List

Our list of today’s top crypto gainers includes Mantle, which leads the pack with a remarkable 13.38% surge, followed by Qtum, which saw an impressive 12.85% increase. Ethereum Name Service rose 7.37%, and Uniswap showed solid growth with a 6.08% jump.

Among these, Mantle shines the brightest, hitting a new high as its price continues to climb after its recent collaboration with Flipside Crypto. Meanwhile, Qtum stands out for its long-term strength, trading 27.03% above its 200-day moving average, reflecting sustained growth. Both ENS and Uniswap are experiencing steady momentum, making them key players in today’s market.

1. Mantle (MNT)

Excitement is brewing in the crypto market, and Mantle is first on our list of top gainers. With a 13.38% price surge in the last 24 hours, this Ethereum Layer 2 solution is turning heads. Recent collaboration with Flipside Crypto to unlock on-chain data insights could be fueling investor interest.

This partnership shows Mantle’s commitment to empowering its ecosystem, giving developers and traders valuable tools to innovate and grow.

Mantle’s modular architecture is a game-changer. By separating transaction execution, data availability, and finality, it delivers faster performance at lower costs while maintaining Ethereum’s renowned security. The integration with EigenLayer for data availability ensures unparalleled scalability and robustness, securing Mantle as a cutting-edge solution in the Ethereum ecosystem.

Momentum continues to build as Mantle’s liquidity remains strong. A volume-to-market cap ratio of 0.0793 reflects consistent trading activity, while its 14-day RSI of 63.96 signals a neutral market stance. This balance suggests room for steady growth, making it appealing to cautious and ambitious investors alike.

Data-driven traders, take note!

🚀 Collaborating with @flipsidecrypto means unlocking on-chain insights that fuel innovation and growth. Empowering Mantle Ecosystem one query at a time 💡💻https://t.co/gSenMWCFoW

— Mantle (@0xMantle) November 22, 2024

Over the past year, Mantle has impressed with a 79% price increase, surpassing nearly half of the top 100 crypto assets. Its 30-day volatility at just 12% further highlights its stability, a rarity in the volatile crypto space. For investors, this top crypto gainer is a compelling blend of innovation, resilience, and growth potential.

2. Qtum (QTUM)

Riding the wave of an impressive 12.85% surge in the past 24 hours, this second standout token on today’s list is turning heads. The recent launch of a testnet bridge connecting its network to Ethereum has likely fueled this momentum.

By enhancing interoperability and offering seamless asset transfers, the project is proving its commitment to innovation and scalability, which resonates well in a competitive market.

Qtum’s unique ability to merge the best features of Bitcoin and Ethereum gives it an edge. Leveraging the proof-of-stake mechanism, it maintains low costs, environmental friendliness, and decentralization. In addition, it supports multiple token standards, including QRC-20 and NFT functionality, and it’s clear why developers and users find the platform appealing. This versatility likely adds to its growing investor confidence.

There's 24 hours left to participate in the #Qtum Bridge – $USDC Incentivized Testnet Campaign.

Test the Qtum – Ethereum Testnet bridge and earn a share of 4000 Qtum tokens (Along with Dogecoin Shiba's Vision $DSV QRC-20 meme tokens)

Users will earn five times (5x) on Friday… pic.twitter.com/X6ny96oODO

— Qtum (@qtum) November 21, 2024

On the technical side, Qtum is trading 27.03% above its 200-day SMA, showcasing long-term strength. Its 14-day RSI stands at a neutral

News source:insidebitcoins.com

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