Top Crypto Gainers Today Aug 20 – Syscoin, Qtum, Immutable X, Nervos Network

Today’s


top
crypto
gainers

showcase
impressive
growth
and
innovation.
Syscoin
leads
with
a
significant
77%
surge,
driven
by
its
recent
Binance
listing.
Qtum
follows
with
a
solid
9.3%
increase,
thanks
to
its
blend
of
Bitcoin
and
Ethereum
technologies.
Immutable
X,
the
pioneer
in
NFT
scalability,
saw
a
7.75%
rise,
bolstered
by
its
cutting-edge
technology.
Lastly,
Nervos
Network
stands
out
with
a
7.10%
gain,
demonstrating
its
robust
dual-layer
architecture
and
market
resilience.
Meanwhile,
Pepe
Unchained
is
capturing
attention
with
its
$9.5
million
presale
and
substantial
staking
rewards. 

Biggest
Crypto
Gainers
Today
–
Top
List

As


Bitcoin
traded
above
$61,000

during
the
Asian
session,
the
market
is
abuzz
with
anticipation
ahead
of
Federal
Reserve
Chair
Jerome
Powell’s
remarks
later
this
week.
The
latest
data
reveals
a
surge
in
Bitcoin
ETF
inflows,
with
over
$61
million
added,
highlighting
strong
investor
interest.
Polymarket
bettors
are
predicting
stability
for
Bitcoin,
with
a
66%
chance
it
will
stay
above
$60K
by
week’s
end.
In
this
climate
of
cautious
optimism,
our
top
crypto
gainers
today
reflect
the
dynamic
shifts
and
growth
potential
in
the
crypto
market.

1.

Syscoin
(SYS)

Syscoin
uniquely
blends
Bitcoin’s
security
with
Ethereum’s
functionality.
It
offers
trustless
interoperability,
scalable
transactions,
and
robust
security.
Notably,
it
supports
merged
mining
with
Bitcoin,
allowing
miners
to
mine
both
BTC
and
SYS
without
extra
costs.
This
integration
boosts
Syscoin’s
security,
as
over
50%
of
Bitcoin’s
hashrate
also
mines
SYS.

Unlike
many
platforms,
Syscoin
enables
interaction
with
any
Ethereum
ERC-20
token
without
needing
third-party
liquidity
providers.
This
means
users
can
benefit
from
the
best
of
both
worlds.
The
platform
further
enhances
security
with
decentralized
finality,
reducing
the
risk
of
51%
attacks.

As
of
today,
Syscoin
is
trading
at
$0.179791,
reflecting
a
whopping
77.06%
increase
in
the
last
24
hours.
One
key
driver
behind
this
surge
is
Binance’s
recent
listing
of
the
SYS/USDT
perpetual
contract.
This
new
trading
option,
with
up
to
50x
leverage
and
Multi-Asset
Mode,
sparked
significant
investor
interest.
The
surge
is
further
supported
by
SYS’s
high
liquidity,
reflected
in
a
volume-to-market-cap
ratio
of
6.1582,
making
it
easy
to
trade.

#BinanceFutures

????

https://t.co/NlzBNx1OIa

—
Syscoin
(@syscoin)

August
19,
2024

However,
it’s
important
to
note
that
Binance
may
adjust
the
specifications
of
this
trading
option,
including
its
funding
fee,
tick
size,
and
margin
requirements.
Therefore,
traders
should
stay
informed
about
any
updates
to
maximize
their
trading
strategies.

Key
metrics
also
show
Syscoin’s
potential.
The
14-day
RSI
stands
at
52.08,
indicating
neutrality,
while
its
30-day
volatility
is
low
at
20%,
offering
stability.
Currently,
it
trades
20.55%
above
its
200-day
SMA
of
$0.148323,
suggesting
strong
bullish
momentum.
Over
the
past
year,
SYS
has
gained
98%,
surpassing
67%
of
the
top
100
crypto
assets.
For
investors
seeking
stability
and
growth
potential,
Syscoin
is
a
strong
contender.

2.

Qtum
(QTUM)

Qtum
stands
out
for
seamlessly
blending
the
strengths
of
Bitcoin
and
Ethereum.
The
project
is
not
just
about
one
thing;
it’s
about
creating
a
platform
that
truly
addresses
the
gaps
in
both
Bitcoin
and
Ethereum.
With
a
foundation
built
on
Bitcoin’s
UTXO
transaction
model,
it
adds
the
flexibility
of
Ethereum’s
smart
contracts.

Moreover,
Qtum
sets
itself
apart
with
unique
technologies.
The
Account
Abstraction
Layer
(AAL)
bridges
Bitcoin’s
transaction
model
with
Ethereum’s
smart
contracts.
Additionally,
its
Decentralized
Governance
Protocol
(DGP)
is
another
standout
feature,
allowing
the
network
to
evolve
without
disruptive
hard
forks,
thereby
ensuring
smooth
upgrades.
Furthermore,
stakeholders
can
vote
on
changes,
making
governance
truly
decentralized.
For
security,
Qtum
uses
a
Mutualized
Proof-of-Stake
(MPoS)
mechanism,
further
enhancing
its
robustness.

Since
June
2017,
Qtum
has
seen
48
GitHub
releases.
Each
release
consists
of
multiple
patches
and
updates,
along
with
other
new
features.
Qtum
Core
is
currently
version
25.1
in
production,
version
26.1
is
in
testing,
and
version
27.1
being
developed.

Qtum
Core
25.1
(Current…

pic.twitter.com/t78bUgEc1S

—
Qtum
(@qtum)

July
16,
2024

On
the
market
front,
Qtum
has
been
performing
well.
Currently
priced
at
$2.44,
it
has
seen
a
solid
9.30%
increase
in
just
24
hours.
Additionally,
its
high
liquidity,
with
a
volume-to-market
cap
ratio
of
0.2363,
which
facilitates
its
smooth
trading.
Furthermore,
the
30-day
volatility
is
a
low
10%,
suggesting
that
Qtum’s
price
is
relatively
stable.

However,
it’s
worth
noting
that
while
Qtum
is
trading
23.43%
below
its
200-day
SMA,
this
could
present
a
buying
opportunity
for
those
who
believe
in
its
long-term
potential.
Over
the
past
year,
it
has
increased
by
9%,
demonstrating
its
resilience
in
a
volatile
market.
Yet,
it’s
outperformed
only
29%
of
the
top
100
crypto
assets,
which
suggests
there’s
still
room
for
growth.

3.

Pepe
Unchained
(PEPU)

Pepe
Unchained

is
creating
a
buzz,
soaring
past
$9.5
million
in
its
presale
and
capturing
the
attention
of
eager
investors.
The
presale’s
rapid
progress,
from
$8
million
to
$9
million,
highlights
increasing
investor
interest.
Notably,
a
significant
whale
recently
invested
$3.13
million
in
Pepe
($PEPE),
further
fueling
excitement.

The
presale’s
success
coincides
with
a
notable
rise
in
Ethereum
Layer
2
activity.
Coinbase’s
Base
chain
reached
3.6
million
transactions
in
one
day,
while
Layer
2
protocols
collectively
processed
12.44
million
transactions.
This
uptick
in
Layer
2
usage
shows
growing
interest
in
scaling
solutions.

$PEPU,
running
on
its
proprietary
Layer
2
blockchain,
offers
enhanced
speeds
and
lower
transaction
costs
compared
to
Ethereum’s
base
layer.
This
development
aims
to
overcome
Ethereum’s
congestion
and
high
fees.
The
token’s
ability
to
deliver
faster
and
cheaper
transactions
is
expected
to
attract
both
meme
coin
enthusiasts
and
DeFi
investors.

Investors
are
drawn
to
$PEPU
for
its
substantial
staking
rewards,
offering
over
218%
APY,
and
its
significant
utility
compared
to
other
meme
coins.
Just
imagine
an
initial
investment
of
$100
in
$PEPU
could
yield
over
$11,000
worth
of
tokens.
Additionally,
$
PEPU’s
expected
exchange
listings
could
drive
further
interest
and
investment.

The
project
has
undergone
thorough
audits
by
Coinsult
and
SolidProof,
confirming
the
integrity
of
its
smart
contracts.
With
its
presale
set
to
hit
new
highs,


Pepe
Unchained

presents
an
enticing
opportunity
for
investors
seeking
both
high
returns
and
innovation
in
the
meme
coin
space.

Visit
Pepe
Unchained
Presale

4.

Immutable
X
(IMX)

Immutable
X
is
revolutionizing
the
NFT
space
with
its
innovative
approach.
As
the
first
layer-two
scaling
solution
tailored
for
NFTs
on
Ethereum,
it
tackles
the
limitations
of
the
Ethereum
network.
Specifically,
it
overcomes
issues
like
low
scalability
and
high
gas
fees.
Consequently,
users
benefit
from
instant
trading
and
massive
scalability.
Moreover,
thanks
to
its
zk-rollups
technology,
it
processes
transactions
off-chain
while
keeping
security
intact
by
storing
validity
proofs
on
Ethereum’s
main
chain.

In
addition,
Immutable
X
simplifies
interactions
with
its
API
abstraction
layer.
Developers
can
easily
mint,
trade,
and
transfer
NFTs
through
straightforward
API
calls.
This
ease
of
use
attracts
gaming
and
content
companies
looking
for
a
seamless
integration.

Furthermore,
the
platform
supports
a
unified
NFT
wallet
experience.
Users
do
not
need
to
switch
networks,
thanks
to
its
“Link”
feature.
This
functionality
allows
Immutable
X
to
support
third-party
marketplaces
securely.
As
a
result,
it
lowers
the
barriers
for
content
creators
and
developers
alike.

The
new
generation
of
gaming
is
here
on
Immutable.

With

@SpaceNationOL
and

@autolegendsrace,
we’ll
see
you
at

@gamescom.

pic.twitter.com/p9pqsJsMkp

—
Immutable
(@Immutable)

August
19,
2024

Just
like
its
fellow
top
gainers,
IMX
is
demonstrating
remarkable
success.
At
$1.187694,
the
coin
has
seen
a
remarkable
7.75%
jump
over
the
last
24
hours.
It
boasts
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.0303.
The
30-day
volatility
stands
at
a
low
of
14%,
indicating
stable
price
behaviour.
Over
the
past
year,
Immutable
X
has
surged
by
95%,
outperforming
66%
of
the
top
100
crypto
assets.
This
exceptional
performance
highlights
its
strong
potential
for
continued
growth
and
stability
in
the
NFT
arena.

5.
Nervos
Network
(CKB)

Nervos
Network
continues
to
impress
with
its
innovative
approach
and
strong
performance.
Launched
in
November
2019,
it
features
a
unique
dual-layer
architecture.
This
design
includes
a
base
layer
called
the
Common
Knowledge
Base
(CKB)
and
a
computation
layer.
The
base
layer,
using
Proof-of-Work
(PoW),
ensures
network
security
and
drives
the
ecosystem.
Meanwhile,
the
computation
layer
processes
transactions
and
supports
decentralized
applications
(dApps)
and
smart
contracts.

This
layered
approach
allows
Nervos
Network
to
offer
robust
security
while
supporting
a
wide
range
of
blockchain
services.
The
network
is
open-source
and
modular,
accommodating
various
assets
and
dApps.
Users
benefit
from
its
scalability
and
decentralized
nature.
Notably,
Nervos
Network
uses
a
PoW-based
Nakamoto
consensus
mechanism,
which
is
secured
and
decentralized
through
its
CKB
token.
Regular
audits
and
security-focused
hackathons
further
strengthen
this
setup.

Turning
to
recent
performance,
CKB
is
trading
at
$0.008227,
marking
a
7.10%
increase
in
just
24
hours.
This
surge
highlights
the
growing
interest
in
Nervos
Network.
A
major
driver
of
this
growth
is
its
high
liquidity,
evidenced
by
a
volume-to-market-cap
ratio
of
0.0667.
The
14-day
RSI
stands
at
48.15,
indicating
a
neutral
market
position
and
suggesting
that
CKB
might
trade
sideways
in
the
near
future.

????️
Devs!
It’s
time
to
test
a
new
multisig
tool
to
ensure
a
better,
more
secure
solution
for
CKB
Development.

????????
Try
it
out
here:

https://t.co/KrAX23TZCl
and
share
your
feedback
to
help
it
improve!

—
CKB
DevRel
(@CKBDevrel)

August
16,
2024

Additionally,
the
30-day
volatility
is
relatively
low
at
20%,
which
adds
to
the
coin’s
stability.
Currently,
it
is
trading
11.71%
above
its
200-day
Simple
Moving
Average
(SMA)
of
$0.007369,
reflecting
positive
momentum.
Over
the
past
year,
the
price
of
CKB
has
surged
by
208%,
outperforming
81%
of
the
top
100
crypto
assets.
This
impressive
performance
shows
this
top
gainer’s

strong
market
position
and
potential
for
future
gains.

Read
More