Top Crypto Gainers Today May 10 – Golem, SushiSwap, GMX, OriginTrail

Bitcoin
(BTC)
faces
the
looming
threat
of
breaking
below
the
$61,000
mark
on
the
global
market.
This
precarious
situation
has
emerged
as
BTC
tests
familiar
trendlines
for
support,
causing
a
decline
in
its
price.
Traders
keenly
watch
the
100-day
SMA
and
the
short-term
holder’s
realised
price
(STH-RP).
Despite
recent
fluctuations,
BTC
has
yet
to
breach
these
critical
support
levels
for
an
extended
period.

Meanwhile,
its
price
fluctuations
also
impact
the
network’s
fundamentals.


The
mining
difficulty
is
set
to
decrease
by
5.5%,
marking
the
most
significant
correction
since
the
2022
bear
market.
Currently,
at
an
all-time
high
of
83.23
trillion,
this
adjustment
shapes
miners’
capacity
to
mine
new
BTC. 

Amid
Bitcoin’s
volatility
and
changes,
let
us
turn
our
attention
to
today’s
top
crypto
gainers.

Biggest
Crypto
Gainers
Today
–
Top
List

Every
day
in
the
volatile
crypto
market,
two
distinct
groups
emerge:
the
gainers
and
the
losers.
Within
the
gainers
is
a
notable
subset
known
as
the


Top
Gainers.
Meticulously
chosen
from
successful
projects,
these
excel
with
promising
features,
innovation,
relevant
use
cases,
strong
collaborations,
and
progressive
advancements
in
the
crypto
industry
niche.
Today
is
no
exception,
as
we
delve
into
the
remarkable
performances
of
Golem,
SushiSwap,
GMX,
and
OriginTrail.
These
tokens
demonstrate
promising
attributes,
pioneering
new
paths
in
the
industry
and
offering
intriguing
investment
opportunities.

1.

Golem
(GLM)

Golem
is
a
decentralised
computing
platform
that
facilitates
the
exchange
of
computing
power
for
crypto
assets.
Users
can
rent
out
idle
computing
resources
and
access
them
from
anywhere,
shaping
the
future
of
computer
technology
accessibility.
The
network
operates
as
a
peer-to-peer
marketplace
where
users
transact
using
GLM
tokens.

Golem
breaks
tasks
into
smaller
subtasks,
fostering
parallel
processing
across
multiple
providers.
This
approach
significantly
boosts
efficiency
in
tackling
complex
computations.
The
platform
connects
requestors
who
seek
computing
resources
with
providers
who
profit
by
offering
their
computing
space
and
resources.
Requests
are
split
into
sub-requests
and
distributed
to
different
nodes
for
optimal
service.

????Our
Stats
Page
just
got
a
temporary
facelift!
While
we’re
still
working
on
a
complete
revamp,
we
didn’t
want
to
leave
you
hanging
during
this
period.
Here
is
what’s
new:

▪️
Now
using
blockchain
data
for
accuracy
????
▪️
See
the
beta
testers
with
GPUs
available
on
the
network
????…

pic.twitter.com/2PKLIcTpHY

—
Golem
Network
(@golemproject)

May
9,
2024

GLM
is
essential
for
paying
for
computations
on
the
network
and
drives
the
marketplace
economy.
Requestors
set
bids
for
tasks,
while
providers
earn
GLM
by
computing
tasks
for
requestors.
According
to
the
latest
data,
GLM’s
price
has
surged
by
13.19%
in
the
last
24
hours,
with
a
significant
increase
of
184%
over
the
past
year.
Its
current
trading
position
is
189.95%
higher
than
its
200-day
SMA,
which
is
$ 0.216096.

Also,
it
maintains
high
liquidity,
with
a
volume-to-market
cap
ratio
of
0.2503,
ensuring
trading
opportunities.
Moreover,
47%
of
the
last
month’s
trading
days
were
positive,
indicating
stability.
Golem
exhibits
low
volatility,
currently
at
17%,
adding
further
confidence
to
investors.

2.

SushiSwap
(SUSHI)

SushiSwap
is
an
automated
market
maker
(AMM)
that
offers
decentralized
exchange
services.
As
a
fork
of
Uniswap,
it
diversifies
the
AMM
market,
catering
primarily
to
DeFi
traders
seeking
to
capitalize
on
token
projects
and
foster
liquidity.
Its
innovative
approach
eliminates
order
books,
resolving
liquidity
issues
prevalent
in
traditional
decentralized
exchanges.
It
also
introduces
features
absent
in
its
predecessor,
like
enhanced
rewards
via
its
native
token,
SUSHI.

Operating
on
a
0.3%
transaction
fee
model,
SushiSwap
redistributes
some
of
these
fees
to
SUSHI
holders,
who
also
enjoy
governance
rights.
This
model
incentivises
participation
and
empowers
users
to
shape
the
platform’s
growth.
With
its
commitment
to
user
impact
and
novel
features,
it
emerges
as
a
dynamic
player
in
the
DeFi
ecosystem,
exemplifying
the
evolution
of
decentralized
exchanges.

1/????Dive
into
DeFi
with
Sushi
V3!
Celebrate
a
year
of
maximum
capital
efficiency
with
our
ultimate
guide
to
LPing
through
concentrated
liquidity.

Blog:

https://t.co/GVMaqcAPgW#SushiAcademy

—
Sushi.com
(@SushiSwap)

May
9,
2024

Sushi
is
priced
at
$1.152951,
showing
a
9.70%
surge
in
the
last
24
hours
and
a
28%
increase
over
the
past
year.
Furthermore,
it’s
trading
comfortably
above
the
200-day
SMA,
showcasing
bullish
momentum
with
a
29.21%
margin.
With
a
neutral
14-day
RSI
at
42.12,
recent
trading
activity
paints
a
picture
of
a
balanced
market,
with
47%
of
the
last
30
days
yielding
positive
returns.
Its
liquidity
ratio
is
0.3911,
supported
by
a
market
cap
of
$285.73M
and
a
24-hour
trading
volume
of
$111.74M.
These
factors
collectively
reinforce
investor
confidence
in
Sushi’s
resilience
and
potential.

3.

99Bitcoins
(99BTC)

In
today’s
market,
few
projects
command
investor
attention,
like


99Bitcoins
Token
(99BTC)

command
investor
attention.
With
over
$1
million
raised
in
funding
and
plans
for
a
remarkable
Bitcoin
airdrop
worth
$99,999,
the
project
is
making
waves
in
the
industry.

99BTC
introduces
a
“Learn-to-Earn”
concept,
where
holders
are
incentivized
to
expand
their
crypto
knowledge
through
tutorials
and
quizzes
on
the
99Bitcoins
platform.
This
innovative
model
and
staking
yielding
1,532%
APY
positions
99BTC
as
a
crypto
education
trailblazer.

Within
24
hours,
we’ve
added
another
$100K!
We’re
now
sitting
at
over
$1.1
Million
raised
in
our
$99BTC

#Presale!

Stage
4
is
drawing
unprecedented
attention—let’s
keep
this
momentum
going!

Join
now!
????

https://t.co/NXD7DAamqr#99Bitcoins

#Bitcoin

pic.twitter.com/d69cJvQcks

—
99Bitcoins
(@99BitcoinsHQ)

May
7,
2024

The
anticipation
surrounding
the
$99,999
Bitcoin
airdrop
has
ignited
a
frenzy
within
the
community.
With
about
7,000
entries
flooding
in,
the
giveaway
promises
to
be
monumental.
The
project’s
well-thought-out
tokenomics
structure
is
also
capped
at
99
billion
tokens.
It
includes
a
generous
allocation
for
staking
rewards
and
community
incentives,
adding
to
its
appeal.

As
the
presale
continues
to
garner
success,
the
99Bitcoins
Token
team
sets
its
sights
on
ambitious
milestones.
Plans
for
listings
on
significant
exchanges
signal
the
project’s
intent
to
enhance
accessibility
and
reach
a
broader
audience
of
investors.
With
influencers
taking
notice
and
excitement
building
around
its
unique
offerings,


99BTC

is
poised
to
significantly
impact
crypto.

Visit
99Bitcoins
Presale

4.

GMX
(GMX)

GMX
is
a
decentralized
exchange
(DEX)
specializing
in
trading
perpetual
cryptocurrency
futures
with
leverage
of
up
to
50X
on
popular
cryptocurrencies
like
BTC
and
ETH.
It
employs
an
innovative
automated
market
model
(AMM)
instead
of
the
traditional
order
book
model.
The
platform
features
a
native
multi-asset
pool,
GLP,
which
facilitates
trading
and
generates
revenue
for
liquidity
providers.

GMX
operates
on
the
Arbitrum
and
Avalanche
blockchains,
ensuring
security
and
scalability.
Arbitrum
leverages
Ethereum’s
network
for
consensus
and
finality.
Meanwhile,
Avalanche
employs
a
directed
acyclic
graph
(DAG)
protocol
for
decentralized
validation.
Additionally,
GMX
contracts
undergo
regular
audits
by
ABDK
Consulting,
and
the
platform
maintains
an
active
bug
bounty
program
on
Immunefi.

GMX
is
transitioning
to
on-chain
Governance,
and
the
GMX
DAO
is
now
live
on
Tally:

????

https://t.co/2U7HjWvv6r

Please
delegate
your
voting
power
on
Tally
before
staking
or
claiming
GMX
rewards.
Stakeholders
in
the
protocol
are
also
invited
to
nominate
themselves
as
delegates.

pic.twitter.com/4YCj5FSe5C

—
GMX
????
(@GMX_IO)

May
9,
2024

The
price
analysis
of
GMX
reveals
several
concerning
metrics
for
investors.
Despite
a
surge
of
13.55%
in
the
last
24
hours,
GMX
has
experienced
a
significant
52%
decrease
in
price
over
the
past
year.
Currently
trading
38.41%
below
the
200-day
simple
moving
average,
GMX
faces
challenges
in
regaining
long-term
bullish
momentum.
Furthermore,
the
14-day
RSI
indicates
neutral
market
sentiment,
suggesting
a
lack
of
clear
direction
in
the
short
term.
However,
amidst
these
setbacks,
there
are
opportunities
for
optimism.
With
high
liquidity
and
a
volume-to-market
cap
ratio
of
0.2046,
GMX
remains
a
dynamic
asset
with
ample
trading
potential
in
the
market.

5.
OriginTrail
(TRAC)

OriginTrail
establishes
a
trusted
knowledge
infrastructure
for
AI,
ensuring
information
authenticity
and
aiding
in
knowledge
and
asset
discovery.
It
builds
a
Verifiable
Web
for
decentralised
AI
through
its
Decentralized
Knowledge
Graph
and
OriginTrail
Parachain.
Partnering
with
prestigious
organizations
like
the
British
Standards
Institution,
Walmart,
and
the
EU
Commission,
OriginTrail
solidifies
its
position
in
trillion-dollar
industries.

The
project
stands
out
for
several
reasons.
Firstly,
it
establishes
a
trusted
knowledge
infrastructure
for
AI,
combating
misinformation
and
ensuring
authenticity.
Secondly,
it
utilizes
the
Decentralized
Knowledge
Graph
to
organise
and
discover
AI-ready
Knowledge
Assets
efficiently.
Thirdly,
OriginTrail’s
open-source
development
approach
fosters
collaboration
and
innovation.
Lastly,
its
incorporation
of
the
OriginTrail
Parachain
adds
another
layer
of
security
and
facilitates
implementation
with
leading
global
enterprises
and
customers.

How
does
the
evolution
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open
Internet
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paced
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Intelligence?

Can
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To
find
out,
get

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pic.twitter.com/dDeyIH1y58

—
OriginTrail
(@origin_trail)

May
9,
2024

TRAC’s
current
price
is
$0.910134,
marking
a
5.88%
increase
in
the
last
24
hours.
Over
the
past
year,
the
price
has
surged
by
an
impressive
223%,
indicating
strong
growth
momentum.
It
is
trading
well
above
its
200-day
moving
average,
boasting
a
margin
of
197.64%.
Although
the
14-day
RSI
indicates
neutral
sentiment
at
46.82,
recent
data
shows
10
positive
days
out
of
the
last
30,
amounting
to
33%
positivity.
Additionally,
with
a
30-day
volatility
of
8%,
OriginTrail
maintains
relatively
low
price
volatility.
However,
it
exhibits
low
liquidity
with
a
volume-to-market-cap
ratio
of
0.0082,
where
the
current
market
cap
stands
at
$369.17M,
while
the
24-hour
trading
volume
is
$3.03M.

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