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Cryptocurrency News Articles

Today's Top Crypto Gainers: Axelar, Worldcoin, Optimism, and Oasis Network

Oct 12, 2024 at 08:52 pm

As the weekend unfolds, the crypto market is buzzing with excitement, and today’s top gainers are leading the charge. With impressive price surges and strategic

Today's Top Crypto Gainers: Axelar, Worldcoin, Optimism, and Oasis Network

As the weekend unfolds, the crypto market is abuzz with excitement. Today, we spotlight the top gainers that are sure to capture the attention of discerning investors.

From innovative technologies to powerful partnerships, these tokens are making waves that deserve your attention. If you’re on the hunt for promising opportunities in the crypto space, you’re in the right spot. Let’s explore why these tokens are on the rise and how they could shape the future of your investments.

Biggest Crypto Gainers Today – Top List

Today, we spotlight Axelar, whose cross-chain innovation is turning heads with a remarkable 33.26% surge in just 24 hours. Worldcoin is making waves with a 15.28% rise, driven by collaboration with Dune. At the same time, Optimism is improving the Ethereum experience with a 10.91% jump, making transactions quicker and smoother. Meanwhile, Oasis Network is dedicated to enhancing privacy in decentralized apps, enjoying an 8.50% increase that helps users engage confidently while protecting their data.

1. Axelar (AXL)

Axelar kicks off today’s top crypto gainers list with an impressive 33.26% surge in the last 24 hours. This spike follows exciting news that Axelar now allows users to mint or convert memecoins into InterchainTokens. With this upgrade, users enjoy seamless transactions across multiple chains, removing previous barriers.

Because of this sharp increase, investors are paying close attention. Axelar offers a unique value proposition. It operates through a decentralized network powered by Proof-of-Stake (PoS). Its key components include a network, APIs, and gateway smart contracts. These tools allow developers to easily build cross-chain dApps without learning new programming languages.

memecoin enjoyooor? Why not mint your own 😎

Now you can mint or convert existing memecoins into #InterchainTokens. No more barriers—just smooth, beautiful transactions across multiple chains 🌈https://t.co/TkSrYwUbIm

— Axelar Network (@axelar) October 11, 2024

In spite of today’s spike, the 14-day Relative Strength Index (RSI) sits at 54.13, indicating a neutral position, suggesting AXL may trade sideways for a bit. However, over the last month, it has seen 16 green days out of 30, showing a promising trend and consistent performance.

2. Worldcoin (WLD)

Worldcoin takes the second spot on today’s list of top crypto gainers, surging by 15.28% in the last 24 hours. This impressive rally follows a key partnership announcement. Worldcoin has teamed up with Dune Analytics, bringing on-chain data insights to the World Chain network. Once the World Chain mainnet launches, users will gain real-time access to on-chain data, which is expected to boost visibility and adoption.

This partnership marks a strategic move for Worldcoin. It lets developers and users track human interaction metrics and monitor DeFi performance on the chain. This data-driven approach is set to drive innovation and attract more users to Worldcoin’s ecosystem.

In light of this recent news, Worldcoin’s short-term performance looks promising. With a healthy liquidity ratio and steady market activity, this rally highlights growing interest in the project.

However, despite the recent surge, the token’s RSI stands at 58.18, indicating neutral market conditions. Additionally, it has experienced 17 green days in the last 30 days, showing steady performance with low volatility.

We’re excited to work with @worldcoin and bring visibility into the world’s largest privacy preserving human identity network.

Data will be live on Dune the moment World Chain mainnet launches. https://t.co/3QvxtPXela

— Dune (@DuneAnalytics) October 11, 2024

Taking a closer look at its project, Worldcoin is built around the groundbreaking World ID system. This privacy-first identity network lets users prove their humanness online using zero-knowledge proofs, all while keeping their privacy protected. The WLD token adds even more value, acting as both a utility and governance token.

In the long term, Worldcoin has seen a 41% price increase over the past year. While it has yet to outperform many top assets, its innovative mission and strategic moves make it a project to watch.

3. Pepe Unchained (PEPU)

Pepe Unchained represents an innovative project in the cryptocurrency market. This exciting initiative introduces the first-ever Layer 2 blockchain dedicated entirely to memes. As a result, you can enjoy ultra-low fees and lightning-fast transaction speeds. Specifically, $PEPU transactions are 100 times faster than those on Ethereum, making it a superior choice

News source:insidebitcoins.com

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