Top Crypto Gainers Today Jun 25 – Aave, Nervos Network, Rowan Token, Akash Network
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In
a
dramatic
turn,
the
crypto
market
faced
a
significant
downturn
on
Monday,
marking
one
of
the
sharpest
declines
since
the
resurgence
of
digital
assets
last
year.
Investors
are
now
closely
eyeing
the
$60,000
level
as
critical
technical
support
for
Bitcoin,
hoping
it
will
prevent
further
losses
amidst
heightened
volatility.
Simultaneously,
Nvidia,
a
major
player
in
artificial
intelligence,
faced
a
setback
with
a
nearly
7%
decline.
This
caused
the
company
to
lose
approximately
$430
billion
in
market
value
over
three
trading
sessions,
marking
a
historic
three-day
loss.
On
a
broader
scale,
Bitcoin
and
Nvidia
have
delivered
impressive
returns
over
extended
periods.
After
stabilizing
on
Tuesday
with
a
modest
3%
recovery
to
surpass
$61,000,
Bitcoin
nevertheless
reflects
ongoing
resilience
in
investor
sentiment.
Biggest
Crypto
Gainers
Today
–
Top
List
Among
today’s
gainers
are
some
unique
projects:
Aave,
Nervos
Network,
Rowan
Token,
and
Akash
Network.
Aave
leads
the
charge
with
its
decentralized
lending
protocol
on
Ethereum,
offering
users
interest
earnings
and
innovative
features
like
flash
loans.
Meanwhile,
Nervos
Network
stands
out
for
enhancing
Bitcoin’s
technology
through
its
Layer-1
blockchain
and
RGB++
protocol,
driving
substantial
network
growth.
Rowan
Token
introduces
a
pioneering
framework
for
tokenizing
green
energy
and
Carbon
Offset
Certificates,
empowering
renewable
energy
producers.
Akash
Network
revolutionizes
cloud
computing
with
blockchain,
providing
an
open
marketplace
for
computing
resources.
These
top
gainers
highlight
diverse
innovations
and
solid
market
performance
worth
analyzing.
1.
Aave
(AAVE)
Aave
is
a
decentralized,
open-source
lending
protocol
on
the
Ethereum
blockchain.
It
allows
users
to
earn
interest
on
deposits
and
borrow
various
cryptocurrencies.
Aave
supports
22
ERC-20
tokens
for
these
transactions
and
offers
advanced
features
like
flash
loans
and
liquidity
pool
token
trading.
Users
who
deposit
tokens
receive
aTokens
in
return,
which
accrue
interest
over
time.
Borrowers
can
opt
for
either
variable
or
stable
interest
rates.
The
stable
rate
can
adjust
in
response
to
significant
market
shifts,
while
the
variable
rate
remains
lower
but
fluctuates
with
demand.
Flash
loans
are
a
pivotal
feature
allowing
users
to
borrow
unsecured
funds
instantly,
provided
repayment
occurs
within
the
same
Ethereum
transaction.
They
are
primarily
utilized
for
arbitrage
opportunities
and
yield
farming
strategies
within
the
decentralized
finance
(DeFi)
ecosystem.
Aave
also
introduces
a
market
for
lending
liquidity
pool
tokens
from
exchanges
like
Uniswap.
These
tokens
provide
additional
returns
for
liquidity
providers.
Aave’s
TVL
increased
by
100%
since
the
beginning
of
this
year.
Read
more:
https://t.co/VKq1d5X7Wj—
Aave
Labs
(@aave)
June
12,
2024
Aave’s
price
is
$90.86,
a
14.28%
increase
in
the
last
24
hours.
The
token
shows
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.2355.
The
14-day
RSI
is
60.18,
indicating
neutral
conditions.
Over
the
past
30
days,
Aave
had
10
green
days,
making
up
33%
of
the
month.
The
30-day
volatility
is
low
at
10%.
It
trades
16.46%
above
its
200-day
Simple
Moving
Average
(SMA)
of
$78.04.
Over
the
past
year,
its
price
increased
by
40%,
outperforming
40%
of
the
top
100
crypto
assets.
2.
Nervos
Network
(CKB)
Nervos
Network
is
a
unique
project
aiming
to
create
a
secure
peer-to-peer
network
for
various
blockchain
services.
These
include
smart
contracts,
asset
issuance,
decentralized
applications
(dApps),
interoperability
between
blockchains,
and
secure
data
storage.
The
mainnet
launched
in
November
2019
with
a
dual-layer
architecture.
The
Common
Knowledge
Base
base
layer
uses
a
Proof-of-Work
(PoW)
consensus
and
hosts
the
CKByte
(CKB)
cryptocurrency.
This
layer
ensures
network
security
and
resource
management.
The
computation
layer
processes
transactions
and
runs
decentralized
applications
(dApps)
and
smart
contracts.
Messari
recently
published
a
detailed
report
on
Nervos
Network,
emphasizing
its
significant
contributions
to
enhancing
Bitcoin’s
technology.
The
report
outlines
how
Nervos
leverages
its
innovative
Layer-1
blockchain
and
the
RGB++
protocol
to
address
scalability
and
programmability
challenges
within
the
Bitcoin
ecosystem.
The
RGB++
protocol
enables
smart
contracts
and
asset
issuance
on
Bitcoin’s
blockchain.
Since
its
implementation,
the
protocol
has
driven
a
notable
181%
month-over-month
increase
in
new
addresses
in
April.
@NervosNetwork
is
one
of
several
Bitcoin
scaling
solutions
that
takes
a
more
native
approach
by
modifying
the
UTXO
model.It
aims
to
strengthen
its
position
within
the
L2
space
by
simplifying
the
UX
and
dev.
experience.Read
the
comprehensive
overview:
https://t.co/SiFG5ALa5g—
Messari
(@MessariCrypto)
June
21,
2024
CKB’s
current
value
is
$0.011551,
reflecting
a
13.48%
increase
in
the
last
24
hours.
The
token
has
high
liquidity,
with
a
volume-to-market
cap
ratio
of
0.1128.
The
14-day
RSI
is
48.15,
indicating
the
token
is
currently
neutral
and
may
trade
sideways.
It
is
trading
56.76%
above
its
200-day
SMA
of
$0.007369.
Over
the
past
year,
the
token’s
price
has
increased
by
290%,
outperforming
80%
of
the
top
100
crypto
assets
by
market
cap.
In
the
last
30
days,
the
token
had
10
green
days,
with
volatility
currently
at
17%,
indicating
relatively
low
price
fluctuations.
3.
Base
Dawgz
(DAWGZ)
Base
Dawgz
has
rapidly
surged
in
popularity,
exceeding
$2
million
in
its
presale.
This
milestone
is
a
testament
to
its
unique
appeal,
blending
the
thrill
of
base
jumping
with
the
cultural
allure
of
the
Shiba
Inu
meme.
Priced
at
$0.005534
and
showing
steady
appreciation,
$DAWGZ
is
poised
for
further
growth
with
the
impending
launch
of
its
staking
protocol.
Early
presale
participants
stand
to
gain
bonus
rewards
once
staking
becomes
available,
enhancing
the
coin’s
attractiveness.
Regarding
tokenomics,
the
presale
offered
only
20%
of
the
total
supply.
Allocations
included
20%
for
staking
rewards,
20%
for
liquidity,
and
15%
each
for
marketing
and
$DAWGZ
holder
rewards.
The
remaining
10%
is
designated
for
securing
listings
on
premier
platforms,
ensuring
broad
accessibility
and
liquidity.
These
strategic
allocations
underscore
Base
Dawgz’s
commitment
to
sustainable
growth
and
ecosystem
development.
Base
Dawgz
spans
Base,
Ethereum,
Solana,
Binance
Smart
Chain,
and
Avalanche,
enabling
seamless
money
transfers
across
blockchain
ecosystems.
This
multi-chain
capability
ensures
widespread
availability.
DAWGZ
will
be
accessible
on
numerous
decentralized
exchanges
(DEXes),
leveraging
the
strengths
of
busy
blockchain
networks
to
maximize
liquidity
and
utility
for
users
worldwide.
4.
Rowan
Token
(RWN)
Rowan
introduces
a
peer-to-peer
framework
using
a
unique
Proof
of
Generation
consensus
to
tokenize
green
energy
and
Carbon
Offset
Certificates.
This
allows
for
rewarding
renewable
energy
production,
particularly
benefiting
small
generators
like
home
solar
panel
owners.
The
blockchain
base
layer
securely
handles
these
tokens,
ensuring
accurate
transactions
between
buyers
and
sellers
of
renewable
energy
certificates.
Custom
hardware
and
user-friendly
software
solutions
ease
integration
into
home
generators,
overcoming
typical
blockchain
adoption
barriers.
The
Rowan
Energy
vision
empowers
rooftop
solar
owners
to
sell
excess
energy
peer-to-peer,
enhancing
rewards
and
accelerating
payment
terms
nearly
instantaneously.
Users
can
utilize
tokens
earned
for
energy
bills,
savings,
trading,
or
charitable
donations.
The
solution
promotes
transparency
by
enabling
consumers
to
trace
energy
origins
and
production
methods.
RWN’s
current
price
is
$0.152576,
a
13.63%
increase
in
the
last
24
hours.
Despite
this
surge,
the
14-day
RSI
of
68.18
suggests
the
cryptocurrency
is
currently
neutral
and
may
trade
sideways
soon.
Over
the
past
30
trading
days,
the
token
experienced
green
days
on
10
occasions,
accounting
for
33%
of
the
period,
indicating
mixed
performance.
Exciting
upgrades
are
coming
to
@RowanEnergy‘s
blockchain
and
wallets
soon!⚡The
updates
will
supercharge
your
experience
interacting
with
blockchain
and
our
app!Here’s
what
you
can
expect
????—
Rowan
Energy
(@RowanEnergy)
June
25,
2024
The
30-day
volatility
is
relatively
moderate
at
25%,
signaling
stability
compared
to
more
volatile
assets.
Trading
significantly
above
its
200-day
SMA
by
665.14%,
which
stands
at
$0.019941,
reflects
bullish
solid
momentum
over
the
long
term.
In
the
past
year,
the
token’s
price
has
skyrocketed
by
36,436%,
outperforming
99%
of
the
top
100
crypto
assets
by
market
cap,
underscoring
its
exceptional
growth
and
market
positioning.
5.
Akash
Network
(AKT)
Akash
Network
spearheads
a
decentralized
approach
to
cloud
computing,
leveraging
blockchain
technology
to
create
an
open-source
marketplace
for
computing
resources.
This
platform
disrupts
traditional
cloud
services
by
offering
enhanced
efficiency,
security,
and
cost-effectiveness.
Users
can
buy
and
sell
computing
power,
catering
to
various
applications
from
website
hosting
to
complex
computations,
all
facilitated
by
its
native
token.
Akash
Network
supports
Infrastructure
as
Code
(IaC),
enabling
automated
deployment
and
management
of
infrastructure
using
code.
Integrated
with
Kubernetes,
it
simplifies
containerized
application
deployment.
Unique
features
include
dedicated
IP
leasing
and
persistent
storage
solutions,
enhancing
its
utility
for
developers
and
businesses.
AKT,
Akash
Network’s
native
token,
plays
a
pivotal
role
in
its
ecosystem.
AKT
is
used
for
staking
and
governance,
incentivizing
participation,
and
ensuring
the
platform’s
security
and
integrity.
The
current
price
is
$3.00,
marking
a
rise
of
10.18%
within
the
past
24
hours.
It
holds
medium
liquidity
with
a
volume-to-market
cap
ratio
of
0.0152,
based
on
a
market
cap
of
$713.47M
and
a
24-hour
trading
volume
of
$10.87M.
The
14-day
RSI
is
neutral
at
57.04,
suggesting
potential
for
sideways
movement.
$AKT
is
live
on
Kado.People
in
over
150
countries
can
now
quickly
and
easily
access
$AKT
via
credit
cards,
bank
transfers,
and
Apple
Pay.
https://t.co/Bnqfg51SjD—
Akash
Network
(@akashnet_)
June
21,
2024
In
the
past
30
days,
AKT
has
seen
8
green
trading
days,
with
a
20%
30-day
volatility
indicating
moderate
price
fluctuations.
AKT
is
trading
significantly
above
its
200-day
SMA
by
195.74%,
currently
at
$ 1.0128.
Over
the
past
year,
it
has
surged
by
388%,
outpacing
83%
of
the
top
100
crypto
assets
by
market
capitalization.
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