Top Crypto Gainers Today Oct 18 – UMA, Fasttoken, Stacks, Iotex

The


Central
and
Southern
Asia
and
Oceania
(CSAO)

region
is
bursting
onto
the
scene
as
a
powerhouse
in
global
crypto
adoption!
With
an
astounding
$750
billion
in
cryptocurrency
inflows,
this
region
is
making
waves.
The
excitement
is
palpable
as
these
nations
redefine
the
future
of
finance!

This
thrilling
situation
sets
the
stage
for
today’s
focus
on


top
crypto
gainers.
In
this
article,
we’ll
highlight
UMA,
Fasttoken,
Stacks,
and
IoTeX.
Each
of
these
cryptocurrencies
is
experiencing
substantial
price
surges
and
has
exciting
developments. 

Biggest
Crypto
Gainers
Today
–
Top
List

First
up
is
UMA,
which
leads
the
pack
with
a
15.43%
increase
thanks
to
its
innovative
Oracle
technology.
Fasttoken
follows
closely,
rising
by
6.05%
as
it
leverages
the
Bahamut
blockchain.
Stacks
shines
with
a
4.54%
gain,
unlocking
Bitcoin
capital.
Meanwhile,
IoTeX
enjoys
a
2.55%
boost,
driven
by
its
partnership
with
Starpower
and
a
remarkable
135%
annual
increase.
So,
let’s
dive
in
and
explore
these
gaining
tokens
that
are
reshaping
the
future
of
cryptocurrency!

1.
UMA
(UMA)

In
today’s
lineup
of
top
crypto
gainers,
UMA
takes
the
spotlight,
surging
by
15.43%
in
the
last
24
hours.
What
makes
UMA
stand
out
is
its
innovative,
optimistic
Oracle
system,
which
is
revolutionizing
how
on-chain
environments
manage
data.
Unlike
traditional
price-feed
oracles,
UMA
employs
a
“true
unless
disputed”
mechanism,
allowing
for
human
input
to
settle
disputes.
This
feature
is
key,
especially
in
DeFi
and
Web3,
where
data
isn’t
always
straightforward.

Moreover,
UMA’s
dispute
resolution
process
involves
three
core
players:
the
data
requester,
the
proposer,
and
the
disputant.
If
there’s
a
disagreement,
token-holders
step
in,
voting
to
resolve
disputes
within
48
hours.
If
correct,
disputers
are
rewarded,
while
incorrect
ones
face
penalties.
As
a
result,
UMA’s
system
ensures
fairness
while
maintaining
flexibility,
making
it
a
powerful
tool
for
Web3
projects.

On
the
security
front,
UMA
shines.
All
its
smart
contracts,
audited
by
OpenZeppelin,
are
built
on
Ethereum,
offering
developers
a
secure
foundation
for
decentralized
apps.
What’s
more,
UMA
token-holders
play
a
direct
role
in
securing
the
system
by
voting
on
disputes,
and
as
they
claim
rewards,
their
voting
power
grows.

In
terms
of
liquidity,
UMA
boasts
a
strong
volume-to-market
cap
ratio
of
1.07,
ensuring
smooth
trading.
Yet,
despite
its
strong
price
surge,
the
RSI
stands
at
a
neutral
58.11,
suggesting
that
UMA
may
trade
sideways
in
the
short
term.

With

$UMA,
you
hold
more
than
just
a
token—you
hold
the
key
to
onchain
truth.

✔️
Stake
and
vote
to
resolve
onchain
data
disputes.

✔️
Earn
up
to
30%
APR.

✔️
Secure
the
future
of
DeFi.

Here’s
what
you
need
to
know
to
get
started…
????

pic.twitter.com/K80LkLnU8t

—
UMA
????
(@UMAprotocol)

October
16,
2024

Long-term
performance,
however,
paints
a
different
picture.
UMA
is
trading
73.16%
above
its
200-day
SMA,
signaling
strength.
Over
the
past
year,
the
token
has
surged
by
123%,
outperforming
55%
of
the
top
100
crypto
assets.

All
in
all,
UMA’s
cutting-edge
oracle,
robust
security,
and
strong
performance
make
it
a
compelling
investment
opportunity.

2.
Fasttoken
(FTN)

The
second
top
gainer
today
is
Fasttoken,
which
surged
by
6.05%
in
the
past
24
hours,
reaching
a
price
of
$2.69.
What’s
more,
FTN
enjoys
high
liquidity,
with
a
solid
volume-to-market
cap
ratio
of
0.1949.
However,
it’s
important
to
mention
that
FTN
is
currently
overbought,
as
indicated
by
its
RSI
of
100.
This
suggests
a
potential
dip
could
be
looming.

Now,
let’s
dive
into
what
makes
Fasttoken
stand
out.
FTN
is
the
native
currency
of
the
Bahamut
blockchain,
a
layer
1
EVM-based
network.
Bahamut
introduces
a
novel
Proof
of
Stake
and
Activity
(PoSA)
consensus
mechanism.
Unlike
the
traditional
PoS,
PoSA
factors
in
activity
levels—the
more
gas
a
validator’s
smart
contract
consumes,
the
higher
their
chances
of
earning
block
rewards.
This
unique
approach
encourages
smart
contract
developers
to
build
high-quality,
frequently
used
contracts,
which
drives
innovation
and
network
activity.

Furthermore,
Fasttoken’s
origins
as
an
ERC-20
token
allowed
it
to
fuel
SoftConstruct’s
ecosystem.
Today,
it’s
crucial
for
Bahamut’s
staking
and
cross-chain
operations.
With
over
4,200
validators
and
200,000
holders,
Bahamut
is
rapidly
expanding,
processing
over
600,000
transactions
to
date.

In
terms
of
long-term
performance,
FTN
is
trading
a
staggering
163,557.16%
above
its
200-day
simple
moving
average
of
$0.001646.
Even
more
impressive,
the
token
has
increased
by
147%
over
the
past
year,
outperforming
61%
of
the
top
100
crypto
assets.
With
volatility
at
just
5%,
Fasttoken’s
performance
seems
steady
for
now
despite
being
overbought.

With
its
innovative
technology
and
solid
market
metrics,
FTN
offers
an
enticing
opportunity
for
investors
looking
for
long-term
growth.

3.

FreeDum
Fighters
(DUM)

FreeDum
Fighters

is
a
satirical
token
project
that
brilliantly
merges
cryptocurrency
with
the
excitement
of
political
theater.
As
the
presale
unfolds,
participants
can
passionately
rally
behind
their
favorite
mechanized
candidates,
MAGATRON
and
Kamacop
9000.

At
the
same
time,
they
can
enjoy
the
prospect
of
potential
financial
rewards.
Additionally,
each
presale
stage
offers
unique
pricing
and
allocations
designed
to
attract
early
investors.

????
PATRIOTS
NEEDED
????

Ready
to
pick
sides
in
the
showdown
of
the
century—MAGATRON
vs.
Kamacop
9000?
????

Here’s
your
mission:

????????
Follow

@Freedum_Fighter,
like
&
comment
our
pinned
tweet.
????????
Post
a
tweet
which
side
you
choose
Magatron
or
Kamacop,
tag
friends
that
you
think
will…

pic.twitter.com/zJ5z7w837J

—
FreeDum
Fighters
(@Freedum_Fighter)

October
17,
2024

To
begin
with,
in
Stage
1:
The
Primaries,
20%
of
the
presale
is
available
at
just
$0.00005
per
token.
Following
this,
Stage
2:
The
Caucus
features
25%
of
the
allocation
priced
at
$0.000075,
which
slightly
increases
the
price
to
maintain
momentum.
Furthermore,
Stage
3:
Convention
offers
30%
at
$0.0001,
reflecting
the
project’s
progress
and
thereby
reducing
risk.

Eventually,
Stage
4:
The
General
Election
presents
the
final
opportunity
for
presale
participation
at
$0.000125.
Currently,
the
presale
has
impressively
raised
$102,203,
with
2,044,062,278
tokens
sold.
Importantly,
investors
can
stake
their


$DUM

tokens
to
earn
substantial
rewards
while
engaging
in
lively
weekly
debates
for
potential
airdrops.

Moreover,
the
tokenomics
include
20%
for
liquidity,
20%
for
staking,
and
40%
for
presale
allocations.
Notably,
with
an
astonishing
APY
of
28755.30%,
this
project
offers
not
only
financial
returns
but
also
political
entertainment.
Consequently,
join
FreeDum
Fighters
today
and
secure
your
tokens
for
this
unique
experience!

Visit
FreeDum
Fighters
Presale

4.

Stacks
(STX)

Continuing
on
the
list
of
top
crypto
gainers,
Stacks
has
made
a
solid
move,
surging
4.54%
in
the
last
24
hours.
Moreover,
it
maintains
impressive
liquidity
with
a
0.0886
volume-to-market-cap
ratio,
indicating
strong
market
interest.

What
makes
Stacks
stand
out
is
its
unique
role
as
a
Bitcoin
layer
for
smart
contracts
and
decentralized
applications.
Essentially,
it
unlocks
a
massive
$500B
in
Bitcoin
capital
by
using
the
Bitcoin
blockchain
for
transaction
settlement.
Thanks
to
its
innovative
Proof
of
Transfer
(PoX)
consensus
and
Clarity
language,
Stacks
can
read
the
full
Bitcoin
state
at
any
time,
securing
transactions
on
Bitcoin’s
network.

Additionally,
its
upcoming
release
will
elevate
Stacks
even
further.
Soon,
it
will
be
fully
secured
by
Bitcoin’s
entire
hash
power,
giving
it
unparalleled
security
and
Bitcoin
finality.
This
powerful
combination
of
smart
contract
functionality
and
Bitcoin’s
strength
is
hard
to
beat.

Transitioning
to
market
performance,
Stacks
shows
a
balanced
outlook.
With
a
14-day
RSI
of
37.18,
it’s
neither
overbought
nor
oversold,
suggesting
sideways
movement
in
the
near
term.
Even
more,
over
the
last
30
days,
57%
of
days
were
green,
reflecting
steady
momentum.

Curious
about
how

#Bitcoin
is
evolving
beyond
a
store
of
value?
Check
out
our
Building
Block
on

@Stacks

$STX,
a
scaling
solution
bringing
smart
contracts
and
dApps
to
the
Bitcoin
ecosystem—while
leveraging
its
network
security.

Read
the
Building
Block:

https://t.co/Lficuu8iE8

pic.twitter.com/riUrEf41OL

—
Grayscale
(@Grayscale)

October
17,
2024

On
a
broader
scale,
Stacks
is
trading
94.38%
above
its
200-day
moving
average,
signaling
strong
long-term
growth.
In
fact,
its
price
has
surged
250%
in
the
last
year,
outperforming
77%
of
the
top
100
crypto
assets.

Altogether,
Stacks’
blend
of
security,
innovation,
and
market
performance
positions
it
as
a
strong
investment
opportunity
for
those
eyeing
Bitcoin-driven
technology.

5.
Iotex
(IOTX)

Wrapping
up
our
list
of
top
crypto
gainers
is
IoTeX,
which
saw
a
2.55%
surge
in
the
last
24
hours.
With
a
healthy
0.0489
volume-to-market
cap
ratio,
IoTeX
enjoys
strong
liquidity,
further
underscoring
its
market
presence.

A
big
driver
of
this
price
surge
is
the
latest
news
from
Starpower,
the
world’s
largest
decentralized
energy
network.
Starpower
is
integrating
IoTeX’s
innovative
ioID
system
to
enhance
DePIN
verification.
This
move
is
set
to
improve
the
security,
transparency,
and
trust
across
Starpower’s
14,000+
devices
and
5
million
daily
transactions.

At
its
core,
ioID
bridges
on-chain
and
off-chain
identities,
creating
seamless
integration
for
decentralized
physical
infrastructure
(DePIN)
applications.
This
strategic
partnership
has
bolstered
investor
confidence,
pushing
the
token
higher.

When
it
comes
to
performance,
IoTeX’s
14-day
RSI
sits
at
62.63,
indicating
neutral
momentum.
While
it
may
trade
sideways
in
the
short
term,
the
token
has
shown
consistent
growth.
Over
the
past
30
days,
IoTeX
recorded
13
green
days,
reflecting
a
steady
rise.

Starpower,
a
massive
decentralized
energy
network,
is
integrating
IoTeX’s
ioID
for
enhanced
DePIN
verification.

ioID
seamlessly
bridges
on-chain
+
off-chain
identities,
boosting
transparency,
verifiability,
&
trust
for

@starpowerworld’s
14,000+
devices
&
5M
daily
transactions.

https://t.co/lBt7lg2eSV

—
IoTeX
(@iotex_io)

October
16,
2024

Though
IoTeX
is
currently
trading
slightly
below
its
200-day
moving
average,
down
by
just
1.05%,
it
still
boasts
an
impressive
135%
price
increase
over
the
past
year.
The
token
has
also
outpaced
56%
of
the
top
100
crypto
assets.

As
IoTeX
continues
to
expand
its
reach,
particularly
in
decentralized
applications
(Dapps)
and
smart
device
integration,
its
roadmap
is
ambitious.
IoTeX
aims
to
onboard
100
million
devices,
unlocking
real-world
value
in
the
coming
years.
Investors
should
keep
a
close
eye
on
this
project,
as
it
promises
growth
and
innovation.

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