Top Crypto Gainers Today Apr 17 – Akash Network, Chiliz, Axelar, NEAR Protocol 

In
the
aftermath
of
Iran’s
attack
on
Israel,


Bitcoin

took
a
nosedive,
experiencing
a
sharp
10%
drop
that
sent
shockwaves
through
the
crypto
market.
As
panic
sets
in,
short-term
traders
are
on
the
brink
of
liquidation,
intensifying
the
tumultuous
sell-off.
Despite
a
slight
recovery,
uncertainty
lingers
around
Bitcoin’s
path,
keeping
experts
and
investors
vigilant
against
further
downturns.

Meanwhile,
anticipation
builds
for
Saturday’s
halving
event,
historically
bullish
but
tempered
by
recent
price
surges.
Analysts
predict
reduced
issuance
effects
will
unfold
gradually,
minimizing
immediate
price
volatility.
However,
past
halvings
have
often
preceded
significant
retracements,
signalling
a
cautious
approach
among
investors.

Biggest
Crypto
Gainers
Today
–
Top
List

Amidst
the
customary
fluctuating
values
inherent
in
the
crypto
market,
13%
of
coins
are
experiencing
positive
momentum.
“Cat
in
a
dogs
world”
leads
with
a
remarkable
32.20%
gain
in
the
past
24
hours,
drawing
savvy
investors
seeking
profit.
Conversely,
MANTRA
DAO
emerges
as
the
day’s
biggest
loser,
dropping
by
-16.73%,
highlighting
the
market’s
volatility.
As
we
delve
deeper
into
the
intricacies
of
these
movements,
we
will
uncover
the
narratives
behind
the
numbers
of
four
remarkable


top-gaining

coins.

1.
Akash
Network
(AKT)

Akash
Network
is
a
decentralized
marketplace
for
cloud
computing
services,
facilitating
transparent
and
secure
transactions.
Acting
as
a
middleman
between
providers
and
users,
it
offers
flexibility,
usability,
and
cost
efficiency.
Users
seamlessly
switch
between
cloud
providers,
earning
by
leasing
computing
capacity
in
a
transparent
and
secure
decentralized
community.
Targeting
Web3
developers,
Akash
offers
tools
for
effortless
decentralized
application
deployment,
attracting
this
audience.
Moreover,
Akash
Network
provides
services
akin
to
Amazon
Web
Services
and
Microsoft
Azure
but
at
a
lower
cost,
setting
it
apart
in
the
market.

AKT
has
seen
impressive
growth,
with
a
price
surge
of
11.51%
in
the
last
24
hours.
Over
the
past
year,
its
price
has
increased
by
1,076%,
outperforming
significant
cryptocurrencies
like
Bitcoin
and
Ethereum.
Trading
above
the
200-day
simple
moving
average,
AKT
demonstrates
consistent
bullish
momentum.
Despite
moderate
volatility
and
low
liquidity,
its
14-day
Relative
Strength
Index
suggests
a
neutral
stance.
With
40%
of
the
last
30
trading
days
showing
positive
performance,
Akash
Network
presents
a
compelling
investment
opportunity.

The
first
set
of
Akash
lessons
are
live
on
Coinbase
Learn.

Explore
an
overview
of
the
network,
learn
how
the
Akash
Supercloud
helps
users
access
and
monetize
compute
resources,
and
earn

$AKT.

Get
started
on
the

@coinbase
app:https://t.co/r8ekXpJWK4

pic.twitter.com/Pd2SIvlntt

—
Akash
Network
(@akashnet_)

April
15,
2024

Furthermore,
Akash
Network’s
significant
growth
can
be
attributed
to
its
strategic
collaboration
with
Coinbase
Prime.
This
partnership
marks
a
milestone
for
AKT,
elevating
its
status
in
the
institutional
investor
community.
With
Coinbase
Prime’s
secure
custody
solutions,
institutional
investors
gain
more
access
to
AKT,
driving
wider
adoption
and
increased
trading
activity.
This
increased
institutional
interest
has
driven
significant
price
appreciation
for
AKT,
signalling
a
new
era
of
growth
and
potential
for
the
project.

2.

Chiliz
(CHZ)

Chiliz
is
the
premier
digital
currency
designed
for
sports
and
entertainment,
facilitated
by
the
Malta-based
FinTech
provider
of
the
same
name.
Chiliz
operates
the
Socios
blockchain
platform
at
its
core,
which
empowers
users
to
govern
their
favourite
sports
brands.
Through
Socios,
fans
can
acquire
and
utilize
fan
tokens
to
actively
participate
in
club-related
decisions,
such
as
influencing
jersey
designs
or
team
matchups.
This
platform
bridges
the
gap
between
passive
fandom
and
active
involvement,
offering
fans
a
stake
in
their
clubs’
decisions.

The
use
cases
for
Chiliz
extend
beyond
fan
engagement.
Sporting
organizations
leverage
Chiliz
technology
to
offer
limited
supplies
of
fan
tokens
through
initial
fan
token
offerings
(FTOs).
These
tokens,
purchased
with
CHZ,
grant
fans
voting
rights
on
the
Socios
platform,
and
they
are
all
facilitated
by
smart
contracts.
Moreover,
Chiliz
has
partnered
with
major
sporting
institutions
worldwide.
These
include
FC
Barcelona,
Manchester
City,
and
Juventus
Turin,
enhancing
fan
interaction
and
unlocking
new
revenue
streams
for
these
organizations.

Bitcoin
Halving
Countdown
⌛

Just
over
4
days
left
before

#Bitcoin
halves.#BitcoinHalving
⚡️

$CHZ

pic.twitter.com/m4DKYGjXoA

—
Chiliz
($CHZ)
–
The
Sports
Blockchain
⚽????
(@Chiliz)

April
15,
2024

Despite
a
20%
price
decrease
over
the
past
year,
it
trades
38.10%
above
the
200-day
simple
moving
average.
The
recent
6.58%
surge
in
price
indicates
a
potential
turnaround.
With
53%
of
the
last
30
trading
days
showing
positive
performance
and
a
30-day
volatility
of
just
10%,
Chiliz
offers
a
relatively
stable
investment
option.
Its
high
liquidity,
evidenced
by
a
volume-to-market
cap
ratio
of
0.1620,
also
suggests
ample
trading
opportunities.
CHZ’s
innovative
fan
engagement
approach
and
price
growth
make
it
a
compelling
investment
prospect.

3.

Dogeverse
(DOGEVERSE)

Dogeverse,
the
latest
sensation
in
meme
coins,
raised
over
$6
million
in
record
time,
showcasing
its
multi-chain
concept.
Operating
on
six
chains,
Dogeverse
offers
unparalleled
flexibility,
providing
options
on
Ethereum,
BNB
Chain,
Polygon,
Solana,
Avalanche,
and
Base.
This
diversity
marks
a
significant
departure
from
the
limitations
of
single-chain
meme
coins.

Another
great
milestone
has
been
achieved
for

#DOGEVERSE!
????

Surpassing
the
$6,000,000
mark
already!
????

Cosmo
couldn’t
be
happier!
????????

Keep
it
up

#DOGE
lovers!
????

pic.twitter.com/JlXMxCfqoS

—
DogeVerse
(@The_DogeVerse)

April
17,
2024

Its
presale
structure
is
well-planned,
with
a
soft
cap
of
$8.835
million
across
ten
stages
and
a
subsequent
hard
cap
of
$17.002
million
over
six
stages.
This
ensures
a
controlled
progression,
offering
investors
a
transparent
opportunity.
The
project
allocates
15%
of
the
200
billion
Dogeverse
tokens
until
the
soft
cap
is
reached.
It
dedicates
28.5%
to
advancing
the
hard
cap,
demonstrating
confidence
in
the
project’s
potential
success.

Moreover,
Dogeverse
enables
investors
to
earn
passive
income
through
token
staking.
As
the
presale
continues,
savvy
investors
are
urged
to
seize
this
opportunity
before
it’s
too
late.
With
Doge
Day
fast
approaching,
demand
for
dog-themed
meme
coins
surges,
and
Dogeverse
is
positioned
as
a
prime
contender
for
substantial
gains.
As
the
project
gains
momentum,
early
adopters
stand
to
benefit
from
its
unique
features
and
promising
outlook.

Visit
Dogeverse
Presale

4.

Axelar
(AXL)

Axelar
is
a
project
focused
on
enabling
secure
cross-chain
communication
for
Web3.
It
provides
a
decentralized
network
and
tools
for
decentralized
application
(dApp)
builders
to
achieve
seamless
cross-chain
communication.
The
protocol
suite,
tools,
and
APIs
Axelar
offers
facilitate
this
goal.
AXL
serves
as
the
native
token
of
the
Axelar
network,
supporting
cross-chain
transfers
of
various
native
tokens
such
as
AVAX,
ETH,
FTM,
GLMR,
and
MATIC
via
wrapped
ERC-20
versions.

Its
value
proposition
lies
in
its
unique
approach
to
secure
cross-chain
communication,
utilizing
a
dynamic
validator
system
and
a
proof-of-stake
consensus
mechanism.
Unlike
projects
employing
optimistic
setups
or
federated
multi-sig,
Axelar
stands
out
by
building
these
capabilities
on
a
PoS
framework.
Additionally,
Axelar
streamlines
the
development
process
for
application
developers.
It
provides
protocols,
APIs,
and
developer
tools,
allowing
them
to
build
cross-chain
without
learning
a
new
programming
language.

Analyzing
Axelar’s
performance
metrics
reveals
a
positive
trend.
The
current
price
of
AXL
stands
at
$1.146167,
marking
a
5.18%
surge
in
the
last
24
hours.
Over
the
past
year,
the
price
has
surged
by
111%,
trading
significantly
above
the
200-day
Simple
Moving
Average
(SMA)
by
140.84%.
At
the
same
time,
the
14-day
Relative
Strength
Index
(RSI)
indicates
neutrality,
with
the
majority
of
the
last
30
trading
days
being
positive
(40%).
The
cryptocurrency
exhibits
relatively
low
volatility,
standing
at
18%.
Furthermore,
Axelar
demonstrates
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.0618,
indicating
favourable
market
conditions
for
investors.

5.
NEAR
Protocol
(NEAR)

NEAR
Protocol
distinguishes
itself
as
a
community-run
cloud
computing
platform.
Its
design
aims
to
overcome
limitations
present
in
other
blockchains.
Its
innovative
approach
addresses
issues
like
low
transaction
speeds
and
poor
interoperability.
This
offers
a
user-friendly
environment
for
decentralized
applications
(DApps).
NEAR
introduces
human-readable
account
names.
It
also
employs
the
“Doomslug”
consensus
mechanism,
ensuring
ease
of
use
and
efficient
operation.

Projects
like
Flux
and
Mintbase
exemplify
the
practical
applications
of
the
NEAR
Protocol.
They
harness
its
scalability
and
developer-friendly
features.
NEAR’s
Nightshade
technology
significantly
enhances
transaction
throughput.
It
reaches
up
to
100,000
transactions
per
second
with
near-instant
finality.
A
streamlined
onboarding
process
complements
this
groundbreaking
achievement.
It
features
human-readable
addresses
and
modular
components
that
facilitate
rapid
application
development.

Some
of
the
world’s
most
innovative
teams
call
NEAR
Protocol
their
home.@auroraisnear
has
launched
Forwarder
–
allowing
anybody
to
withdraw
NEAR
native
stablecoins
from
CEXs
directly
to
their
Aurora
account.

Forward.
Together.
????????

https://t.co/oYRfwTZypp

—
NEAR
Protocol
(@NEARProtocol)

April
16,
2024

NEAR
Protocol
is
priced
at
$
5.45,
showing
a
5.66%
surge
in
the
last
24
hours.
Over
the
past
year,
its
price
has
increased
by
132%,
reflecting
its
growth
trajectory.
NEAR
trades
significantly
above
the
200-day
SMA
by
238.73%,
demonstrating
robust
bullish
momentum.
However,
with
a
14-day
RSI
at
40.43,
the
cryptocurrency
appears
neutral
and
may
trade
sideways.
Despite
this,
43%
of
the
last
30
trading
days
have
been
positive.
Additionally,
NEAR
exhibits
low
volatility,
with
30-day
fluctuations
of
9%,
and
high
liquidity,
boasting
a
volume-to-market
cap
ratio
of
0.2202.

Read
More