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Top Crypto Gainers Today Oct 12 – Axelar, Worldcoin, Optimism, Oasis Network

Top Crypto Gainers Today Oct 12 – Axelar, Worldcoin, Optimism, Oasis Network

InsidebitcoinInsidebitcoin2024/10/12 13:40
By:Insidebitcoin

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 advancements, Axelar, Worldcoin, Optimism, and Oasis Network are capturing the interest 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.

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Despite today’s spike, the 14-day Relative Strength Index (RSI) sits at 54.13. This indicates 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.

Even more importantly, Axelar’s volatility is low. With its 30-day volatility at 11%, it’s clear that the token has been relatively stable, which is a great sign for both short- and long-term investors. Additionally, it boasts high liquidity with a 0.3467 market cap-to-volume ratio, meaning it’s a great token to trade with ease.

Speaking of the long term, Axelar is currently trading 63% above its 200-day simple moving average, indicating solid momentum. In the past year, its price has increased by an impressive 133%, outperforming 60% of the top 100 crypto assets by market cap.

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.

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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.

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 for all meme enthusiasts.

Moreover, $PEPU empowers its entire ecosystem. By holding this token, you gain access to massive staking rewards, boasting a staggering 116% annual percentage yield (APY). Imagine the benefits of joining a vibrant community while enjoying one of the most lucrative staking opportunities in the crypto space. Furthermore, the double staking rewards on the Pepe Layer 2 mean your holdings can grow significantly over time.

Currently, the presale has generated an impressive $18,925,661.36, rapidly approaching its hard cap of $18,949,899. This swift growth has attracted the attention of crypto enthusiasts and experts alike. Consequently, many believe that the potential for 100x returns is within reach.

In addition, the project allocates 40% of the total token supply for presale, while 30% is reserved for staking rewards. Notably, 7.5% is dedicated to liquidity, positioning Pepe Unchained for significant growth. Stake your tokens and secure your financial future while being part of an innovative meme revolution.

Visit Pepe Unchained Presale

4. Optimism (OP)

Optimism, the third token on our list of top crypto gainers today, has surged by 10.91% in the past 24 hours. This impressive price movement comes alongside exciting developments.

Notably, Optimism has welcomed Unichain, a DeFi-native Ethereum Layer-2, into the Superchain. Built by Uniswap, Unichain leverages Optimism’s open-source technology to scale Ethereum, making it a critical part of Optimism’s ecosystem.

Optimism is a layer-two blockchain built on Ethereum. It uses optimistic rollups, allowing trustless transactions on Optimism while being secured by Ethereum. Moreover, it is designed for simplicity, scalability, and sustainability. Additionally, it leverages Ethereum’s security, ensuring reliability. Optimism keeps its code minimal and integrates seamlessly with existing Ethereum frameworks.

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In terms of liquidity, Optimism holds strong with a 0.1408 volume-to-market cap ratio, providing investors with confidence in its trading flexibility. Additionally, the 14-day RSI of 56.88 indicates a neutral position, suggesting Optimism may trade sideways for now.

Moreover, over the past 30 days, Optimism has seen 15 green days, reflecting positive sentiment from investors. With 7% volatility, it’s clear the token is relatively stable, adding to its appeal.

Looking at the long-term performance, Optimism is trading 8.85% above its 200-day SMA, demonstrating strong growth potential. Over the past year, its price has increased by 46%, outperforming 40% of the top 100 crypto assets by market capOptimism’s latest innovations and solid performance metrics make it a compelling option for investors today.

5. Oasis Network (ROSE)

Oasis Network wraps up today’s list of top crypto gainers with a solid 8.50% surge in the last 24 hours. This price movement is supported by the high liquidity, with a 0.0901 market cap-to-volume ratio, signaling ease of trade. Investors are keeping a close watch as Oasis continues to make strides in the Web3 and AI spaces.

Oasis is a layer-one blockchain designed for scalability and confidential computing. It’s home to Sapphire, the first confidential EVM that lets developers build privacy-focused dApps on Oasis or other EVM-based chains. With its unique layered architecture, Oasis is set to redefine how developers prioritize privacy.

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ROSE, the native token, is central to Oasis for gas fees, staking, governance, and delegation. Even with its recent surge, its 14-day Relative Strength Index (RSI) sits at 52.68, indicating neutral momentum. This suggests the token may see some sideways movement soon, but the strong fundamentals remain.

Looking at its past month, Oasis had 17 green days out of 30, showing consistent performance. Volatility remains low, with the 30-day volatility at 10%, offering stability in a market often known for fluctuations.

Long-term, Oasis is trading 24.94% above its 200-day simple moving average, a strong indicator of positive momentum. The token has grown 80% in the past year and outperformed 52% of the top 100 crypto assets. As a result, it stands out as a promising investment for both short- and long-term holders.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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