Top Crypto Gainers Today Aug 30 – Flow, Kaspa, KuCoin Token, MultiversX

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As
August
comes
to
a
close,



Bitcoin
(BTC-USD)


has
underperformed
traditional
assets,
with
an
8%
drop
this
month.
This
decline
is
fueled
by
shrinking
liquidity
and
concerns
over
potential
sell-offs
from
government-held
Bitcoin
stockpiles.
These
stockpiles
could
add
up
to
a
$33
billion
supply
overhang. 


Notably,
the
US,
China,
the
UK,
and
Ukraine
hold
significant
amounts
of
Bitcoin,
with
the
defunct
Mt.
Gox
exchange
also
having
a
substantial
amount
to
distribute.
Despite
net
inflows
into
US
spot-Bitcoin
ETFs
and
expectations
of
Federal
Reserve
policy
easing,
Bitcoin’s
performance
has
struggled,
reflecting
the
broader
market’s
uncertainty.
 


Biggest
Crypto
Gainers
Today

Top
List


As
the
crypto
market
continues
to
navigate
its
twists
and
turns,
a
few
standout
tokens
have
risen
to
the
top
today.
With
solid
performance
and
unique
value
propositions,
Flow,
Kaspa,
KuCoin
Token,
and
MultiversX
have
caught
the
eye
of
investors.
Let’s
examine
today’s



top
crypto
gainers


and
identify
potential
gems
for
your
investment
strategy.


1.


Flow
(FLOW)


Flow
is
catching
attention
today
with
a
1.74%
price
rise,
securing
its
spot
among
the
top
gainers.
As
a
proof-of-stake
blockchain,
it’s
crafted
to
drive
the
Web3
era
and
the
open
metaverse.
Flow
supports
a
range
of
applications—from
Dapps
and
NFTs
to
DeFi
and
DAOs—equipping
developers
with
the
tools
to
innovate.
Backed
by
a
track
record
of
successes
like
CryptoKitties
and
NBA
Top
Shot,
Flow
boasts
a
thriving
ecosystem
that
draws
in
top
brands,
startups,
and
crypto
leaders.


The
security
measures
on
Flow
are
cutting-edge
and
distinct.
It
uses
a
multi-task,
multi-node
approach,
dividing
validation
into
four
stages,
making
transactions
more
efficient
and
secure.
Human-readable
security
also
protects
users
from
malicious
apps.
Additionally,
Flow’s
Specialized
Proofs
of
Confidential
Knowledge
(SPoCKs)
add
another
layer
of
protection
by
allowing
validators
to
prove
access
to
confidential
data
without
revealing
it.

FLOW Price Chart

FLOW Price Chart


Flow
demonstrates
strong
liquidity,
boasting
a
volume-to-market
cap
ratio
of
0.0614.
Its
14-day
RSI
sits
at
52.99,
signaling
a
neutral
position
and
hinting
at
potential
sideways
trading.
Over
the
past
30
days,
Flow
has
experienced
15
green
days,
reflecting
steady
performance.
Although
it’s
currently
trading
15.83%
below
its
200-day
SMA,
the
coin
has
risen
21%
over
the
past
year.
However,
it
has
outperformed
only
36%
of
the
top
100
crypto
assets.


Nevertheless,
momentum
continues
with
the
Flow
Community
Rewards
program,
launching
from
August
28
to
September
30,
2024.
This
initiative
offers
rewards
and
a
potential
15%
boost
on
locked
$FLOW,
enhancing
user
engagement
across
Flow
apps.
With
major
partnerships
like
the
NBA
and
Disney,
Flow
offers
exciting
opportunities
for
both
developers
and
users.


2.


Kaspa
(KAS)


Kaspa
is
making
a
name
for
itself
in
the
crypto
market
with
its
cutting-edge
technology
and
price
movement.
As
a
proof-of-work
(PoW)
cryptocurrency,
Kaspa
stands
out
with
its
implementation
of
the
GHOSTDAG
protocol.


Unlike
traditional
blockchains
that
discard
parallel
blocks,
Kaspa’s
unique
approach
allows
these
blocks
to
coexist,
creating
a
more
efficient
and
secure
system.
This
innovative
method
turns
the
Kaspa
blockchain
into
a
blockDAG,
a
more
advanced
version
of
the
Nakamoto
consensus
that
supports
incredibly
high
block
rates.

KAS Price Chart

KAS Price Chart


Currently,
Kaspa
processes
ten
blocks
per
second,
but
its
ambitious
roadmap
aims
to
scale
this
up
to
100
blocks
per
second,
all
while
maintaining
top-notch
security.
The
network’s
distinctive
features
include
Reachability
for
querying
the
DAG’s
topology,
block
data
pruning,
SPV
proofs,
and
plans
for
layer
two
solutions.
Adding
to
its
uniqueness
is
Kaspa’s
monetary
policy,
which
geometrically
decreases
emissions
over
time,
inspired
by
the
12-note
scale
of
music.


On
the
price
front,
Kaspa
is
currently
valued
at
$0.167257,
with
a
1.89%
increase
in
the
last
24
hours.
It
boasts
high
liquidity,
with
a
market
cap-to-volume
ratio
of
0.0348,
indicating
a
healthy
trading
environment.
The
14-day
Relative
Strength
Index
(RSI)
sits
at
54.20,
signaling
neutral
momentum
and
a
potential
for
sideways
trading.
Over
the
last
30
days,
Kaspa
had
12
green
days,
accounting
for
40%
of
the
time,
and
its
volatility
remains
low
at
7%.


Impressively,
it
is
trading
163.34%
above
its
200-day
simple
moving
average
(SMA).
Furthermore,
KAS
price
has
surged
by
396%
over
the
past
year,
outpacing
90%
of
the
top
100
crypto
assets
by
market
cap.


3.


Crypto
All-Stars
(STARS)



Crypto
All-Stars


is
receiving
recognition
with
its
impressive
ICO
launch,
sparking
considerable
excitement.
With
over
$860,000
raised
to
date,
the
project
is
rapidly
approaching
its
first
million-dollar
milestone.
The
presale,
structured
in
50
phases
with
price
increments
at
each
stage,
is
a
hot
ticket.
Investors
eager
to
capitalize
on
early-stage
pricing
should
act
quickly,
as
the
next
phase
is
just
days
away
and
will
see
the
current
price
of
$0.0014078
rise.

STAR Tweet

STAR Tweet


As
a
matter
of
fact,
early
investors
enjoy
the
significant
advantage
of
no
lock-up
periods,
which
allows
them
to
sell
their
tokens
anytime.
This
flexibility
enables
them
to
benefit
from
price
increases
post-launch
and
potentially
reap
substantial
profits.


At
the
core
of
Crypto
All-Stars
is
its
groundbreaking
MemeVault
ecosystem.
This
platform
introduces
a
unified
staking
model
for
meme
coins
like
Dogecoin,
Shiba
Inu,
and
Pepe.
By
utilizing
advanced
ERC-1155
technology,
MemeVault
enables
staking
multiple
tokens
within
a
single
contract.
Furthermore,
with
robust
security
features
and
cross-chain
support,
it
offers
enhanced
flexibility
and
maximized
returns.


That’s
not
all;
investors
are
also
drawn
by
the
exceptional
annual
percentage
yields
(APY)
available
for



$STARS


token
holders.
With
a
staggering
1655%
APY,
the
platform
offers
unparalleled
rewards
for
those
who
stake
their
tokens.
This
incentivizes
long-term
staking,
driving
up
the
token’s
value
and
demand
while
rewarding
participants
with
substantial
returns.



Visit


Crypto
All-Stars


Presale


4.


KuCoin
Token
(KCS)


KuCoin
Token
is
grabbing
attention
today
with
a
2.68%
price
rise,
drawing
investors’
interest.
Since
its
launch
in
2017,
KCS
has
been
the
native
utility
token
of
the
KuCoin
cryptocurrency
exchange.


KuCoin,
the
exchange
behind
KCS,
stands
out
for
its
user-friendly
interface
and
wide
range
of
trading
options.
It
offers
spot,
margin,
futures,
and
P2P
trading,
featuring
over
850
cryptocurrencies
and
some
of
the
industry’s
lowest
fees.

KCS Price Chart

KCS Price Chart


KCS
has
diverse
applications
within
the
KuCoin
ecosystem
and
beyond.
It
can
be
used
to
pay
trading
fees
on
the
KuCoin
Exchange,
providing
discounts
of
up
to
20%.
Additionally,
KCS
holders
can
join
token
sales
and
use
the
token
to
make
payments
on
various
platforms
and
services.


Moreover,
KCS
holders
can
engage
in
governance
for
KuCoin’s
decentralized
products
and
stake
their
tokens
for
passive
income
through
the
KCS
Bonus.
Furthermore,
they
can
enjoy
VIP
benefits
such
as
special
fee
discounts
and
cashback
rewards.


In
terms
of
price
movement,
KuCoin
Token
is
currently
valued
at
$8.51.
KCS
has
surged
by
an
impressive
96%
over
the
past
year,
showcasing
remarkable
growth.
Despite
this,
it’s
currently
trading
10.39%
below
its
200-day
SMA
of
$9.50.
With
a
14-day
RSI
of
55.68,
the
token
is
in
a
neutral
position,
hinting
at
potential
sideways
movement.


The
30-day
volatility
is
a
low
7%,
and
KCS
enjoyed
15
green
days
in
the
last
month,
reflecting
its
solid
market
performance.
However,
it
faces
challenges
with
low
liquidity,
which
is
evident
from
its
volume-to-market
cap
ratio
of
0.0009.
Still,
KCS
has
bested
62%
of
the
top
100
crypto
assets
in
the
past
year,
proving
its
resilience
and
potential.


5.
MultiversX
(EGLD)


Branding
itself
as
a
technology
ecosystem
for
the
new
internet,
MultiversX
unites
Defi,
RWA,
and
the
Metaverse
on
a
single
platform.
At
its
core
is
the
EGLD
token,
which
powers
the
network
and
enables
users
to
deploy
smart
contracts
and
pay
transaction
fees.


Notably,
MultiversX
achieves
true
horizontal
scalability
through
network,
transaction,
and
state
sharding.
This
allows
it
to
process
up
to
100,000
transactions
per
second
with
just
6
seconds
of
latency,
all
for
a
minimal
$0.002
per
transaction.
Furthermore,
its
adaptive
state
sharding
ensures
scalability
as
demand
increases.
In
fact,
MultiversX
has
been
tested
to
handle
an
impressive
263,000
transactions
per
second
across
50
shards.

EGLD Price Chart

EGLD Price Chart


Moreover,
EGLD
is
crucial
for
MultiversX’s
governance
and
security.
Validators
stake
EGLD
to
join
the
proof-of-stake
consensus
and
are
rated
on
performance
to
ensure
reliability.
Additionally,
modified
BLS
multi-signatures
provide
robust
cryptographic
protection,
keeping
the
network
secure
and
decentralized.


As
of
today,
MultiversX
is
trading
at
$29.40,
reflecting
a
4.16%
increase
in
the
last
24
hours.
The
token
maintains
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.0474,
indicating
strong
market
participation.
The
14-day
RSI
is
at
60.87,
suggesting
that
EGLD
is
currently
neutral
and
may
experience
sideways
trading
in
the
short
term.
Over
the
past
30
days,
the
asset
has
seen
13
green
days,
accounting
for
43%
of
the
time,
while
maintaining
low
volatility
at
7%.


Despite
a
modest
12%
price
increase
over
the
past
year,
MultiversX
is
trading
22.20%
below
its
200-day
SMA
of
$37.79.
In
terms
of
performance
against
other
top
100
crypto
assets
by
market
cap,
this

top
gainer

has
surpassed
29%
over
the
past
year.


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