Top Crypto Gainers Today Jul 12 – Illuvium, NEAR Protocol, XRP, Theta Fuel

Thursday
marked
a
pivotal
day
for
crypto
markets
as


Bitcoin
(BTC)
struggled
to
break
through

crucial
resistance
levels
despite
favorable
U.S.
inflation
data.
This
failure
to
sustain
upward
momentum
has
kept
BTC
on
a
downward
trajectory
since
early
June.
Prices
slipped
below
$57,000
today
after
initially
showing
promise
of
a
breakout
above
the
trendline
that
has
defined
recent
sell-offs
from
highs
near
$72,000.

However,
amidst
these
challenges,
there
are
signs
of
potential
support
for
BTC
bulls.
Positive
developments
include
diminishing
supply
pressures
following
recent
sell-offs
linked
to
Germany’s
Saxony
state.
Moreover,
the
anticipation
of
substantial
repayments
by
FTX,
amounting
to
$16.3
billion
over
the
coming
months,
could
inject
buying
momentum
into
the
market.
Additionally,
potential
Federal
Reserve
rate
cuts
in
September
could
bolster
BTC’s
outlook
for
medium-
and
long-term
investors. 

Biggest
Crypto
Gainers
Today
–
Top
List

In
today’s
basket
of

top
crypto
gainers,
we
have
a
dynamic
bunch
of
tokens
that
we
will
be
spotlighting
in
this
article.
But
first,
let’s
take
a
peep
into
the
comparative
analysis
of
their
price
outlook.

Illuvium
impresses
with
an
8.51%
surge
in
the
last
24
hours,
showcasing
its
high
liquidity
and
potential
for
substantial
returns.
NEAR
Protocol
shines
with
a
6.30%
increase,
highlighting
its
solid
market
presence
and
significant
trading
volume.
XRP,
with
a
5.27%
rise,
indicates
strong
market
confidence
despite
trading
slightly
below
its
200-day
SMA.

Lastly,
Theta
Fuel,
experiencing
a
3.10%
increase,
demonstrates
consistent
growth
and
stability,
making
it
an
attractive
option
for
investors.
This
diverse
performance
underscores
the
unique
opportunities
each
token
offers
in
today’s
market.
Let’s
dive
deeper
into
each
token’s
features
and
see
what
sets
them
apart.

1.

Illuvium
(ILV)

Illuvium
is
a
force
in
blockchain
gaming,
blending
AAA
gaming
elements
with
decentralized
finance
(DeFi)
on
the
Ethereum
blockchain.
Positioned
as
an
open-world
fantasy
battle
game,
Illuvium
invites
players
to
a
place
where
they
can
capture,
nurture,
and
battle
unique
creatures
known
as
Illuvials.
These
creatures,
represented
as
NFTs,
offer
players
opportunities
to
collect,
trade,
and
enhance
them,
fostering
a
dynamic
gaming
experience
that
combines
exploration,
PvP
combat,
and
strategic
team-building.

Furthermore,
the
integration
of
Immutable
X
enhances
the
gaming
experience
by
providing
a
layer-2
scaling
solution,
ensuring
efficient
transactions.
This
facilitates
the
operation
of
the
IlluviDEX,
a
decentralized
exchange
within
the
game
where
assets
can
be
traded
seamlessly
without
gas
fees.

As
Immutable
ramps
up
for
Illuvium’s
highly
anticipated
release
by
July
end,
the
project
benefits
from
expanding
gaming
partnerships
and
the
adoption
of
its
Layer
2
solution.
This
includes
strategic
collaborations
with
prominent
gaming
IPs
like
Ni
no
Kuni
and
A3:
Still
Alive.
These
partnerships
bring
over
1
million
active
users
and
significant
revenue
streams
into
the
ILV
ecosystem.

????
15
Days
to
the
Official
Illuvium
Game
Launch!
????

Rangers,
the
countdown
is
on!
We’re
just
15
days
away
from
the
most
anticipated
event
of
the
year
–
the
official
launch
of
Illuvium!

Start
playing
today
so
you’re
ready
when
the
action
starts!#Illuvium

#Web3gaming

pic.twitter.com/hNoTLPQsdY

—
Illuvium
(@illuviumio)

July
10,
2024

Illuvium’s
price
today
stands
at
$64.60,
having
surged
by
8.51%
in
the
past
24
hours.
It
has
high
liquidity
with
a
0.2636
volume-to-market
cap
ratio,
indicating
strong
trading
activity.
Its
14-day
RSI
of
40.97
suggests
neutral
sentiment,
with
potential
for
sideways
trading.
With
14
green
days
(47%)
in
the
last
30
days
and
volatility
at
11%,
Illuvium
shows
a
balanced
risk
profile.
Although
trading
2.69%
below
its
200-day
SMA
of
$65.52,
it
has
impressively
increased
by
55%
over
the
past
year. 

2.

NEAR
Protocol
(NEAR)

NEAR
Protocol
is
a
layer-one
blockchain
designed
as
a
community-run
cloud
computing
platform.
It
addresses
limitations
like
low
transaction
speeds,
low
throughput,
and
poor
interoperability.
NEAR
is
user-friendly,
featuring
human-readable
account
names
instead
of
cryptographic
wallet
addresses.
Its
unique
consensus
mechanism,
“Doomslug,”
and
ongoing
updates
from
the
NEAR
Collective
enhance
its
performance.
The
platform
aims
to
be
secure
and
practical
for
managing
high-value
assets.
Notable
projects
on
NEAR
include
Flux,
a
market
creation
protocol,
and
Mintbase,
an
NFT
minting
platform.

Its
Nightshade
technology
boosts
transaction
throughput.
It
allows
validators
to
process
transactions
in
parallel
across
sharded
chains,
enabling
up
to
100,000
transactions
per
second
with
near-instant
finality
and
low
fees.
Doomslug,
a
proof-of-stake
variation,
ensures
security
with
near-instant
block
finality.
The
NEAR
Foundation
oversees
maintenance
and
funding.
A
bridge
to
Ethereum
enhances
interoperability,
allowing
ERC-20
token
transfers
between
blockchains.

Native
USDC
on
NEAR
Protocol.

Now
available
on

@cryptocom

https://t.co/aI2LdO21Bf

—
NEAR
Protocol
(@NEARProtocol)

July
4,
2024

NEAR 
is
currently
priced
at
$4.91,
reflecting
a
6.30%
rise
in
the
last
24
hours.
It
enjoys
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.1406.
Also,
its
14-day
RSI
of
40.43
indicates
a
neutral
market
sentiment
with
the
potential
for
stable
trading.
NEAR
has
had
17
green
days
(57%)
in
the
last
30
days,
demonstrating
consistent
performance
with
a
volatility
of
just
9%.
Significantly,
it
trades
206.55%
above
its
200-day
SMA
of
$1.59945
and
has
seen
a
271%
price
increase
over
the
past
year.
This
robust
performance
surpasses
both
Illuvium’s
and
XRP’s
yearly
gains,
highlighting
NEAR
Protocol’s
dominant
market
position.

3.

Base
Dawgz
(DAWGZ)

Taking
our
gaze
off
top
gainers

for
a
moment,
let’s
take
a
quick
look
at
a
winning
investment
opportunity
worth
considering.


Base
Dawgz

is
shaking
up
the
crypto
scene
with
its
new
staking
rewards
system,
offering
a
golden
opportunity
for
early
investors.
By
staking
their
DAWGZ
tokens,
holders
can
earn
passive
income
effortlessly.
The
team
has
allocated
a
whopping
20%
of
the
total
supply,
equivalent
to
1.69
billion
DAWGZ,
exclusively
for
staking
rewards,
distributed
hourly
over
a
year.
This
means
investors
can
sit
back,
relax,
and
watch
their
earnings
grow,
making
DAWGZ
a
highly
attractive
option
in
the
meme
coin
market.

Congrats
on
hitting
$2.4M
in
the
presale,
my
fellow

$DAWGZ!

And
massive
props
to
those
staking
and
stacking
those
sweet
rewards!
????

pic.twitter.com/biYklwo6wC

—
Base
Dawgz
(@BaseDawgz)

July
9,
2024

The
presale’s
impressive
performance,
raising
over
$2.4
million
so
far,
adds
to
the
excitement
surrounding
DAWGZ.
Investors
can
currently
buy
DAWGZ
tokens
at
a
bargain
price
of
$0.0061
each,
with
prices
set
to
rise
in
three
days.
Additionally,
Base
Dawgz
stands
out
with
its
multi-chain
capability,
operating
seamlessly
across
Ethereum,
Solana,
Base,
Avalanche,
and
Binance
Smart
Chain.

But
that’s
not
all
–
the
team
is
also
launching
a
Share-to-Earn
system
that
rewards
community
engagement.
By
creating
and
sharing
memes
on
Twitter,
participants
can
earn
points
that
can
be
redeemed
for
more


DAWGZ

tokens.
This
innovative
approach
not
only
boosts
community
involvement
but
also
enhances
the
project’s
visibility
and
appeal.
Don’t
miss
out
on
the
chance
to
earn
passive
income
and
engage
with
a
vibrant
community.

Visit
Base
Dawgz
Presale

4.

XRP
(XRP)

XRP,
Ripple’s
native
token,
powers
a
revolutionary
money
transfer
network
tailored
for
the
financial
services
sector.
Designed
to
supplant
antiquated
systems
such
as
SWIFT,
Ripple
serves
as
a
reliable
intermediary
in
transactions,
ensuring
swift
and
secure
exchanges.
Renowned
for
its
efficiency
and
low
fees,
XRP
remains
a
stalwart
in
the
top
10
cryptocurrencies
by
market
cap.
It’s
a
preferred
choice
for
seamless
cross-border
payments,
fortified
by
strategic
alliances
with
leading
financial
institutions,
solidifying
its
position
at
the
forefront
of
digital
finance
innovation.

Ripple’s
network
can
process
global
transactions
efficiently,
using
a
minimal
transaction
fee
of
0.00001
XRP.
The
ledger
uses
a
consensus
protocol,
where
validators
update
ledgers
every
three
to
five
seconds,
ensuring
secure
and
quick
transactions.
Unlike
Bitcoin,
XRP
transactions
are
confirmed
in
seconds
with
lower
costs.
The
XRP
Ledger
is
secured
by
over
150
validators
worldwide,
ensuring
transparency
and
eliminating
single
points
of
failure.

We’re
honored
to
be
recognized
by

@CNBC
and

@StatistaCharts
as
one
of
the
World’s
Top
Fintech
Companies
in
2024.

Thank
you
to
our
employees,
customers,
and
supporters
on
the
journey
with
us!

https://t.co/GW0IUuh2su

—
Ripple
(@Ripple)

July
10,
2024

XRP’s
current
price
is
$0.468736,
reflecting
a
5.27%
increase
in
the
last
24
hours.
It
boasts
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.0927,
showing
robust
trading
activity.
Its
14-day
RSI
of
63.16
indicates
a
neutral
market
sentiment,
suggesting
potential
sideways
trading.
With
15
green
days
(50%)
in
the
last
30
days
and
low
volatility
at
5%,
XRP
presents
a
stable
trading
environment.
However,
it’s
trading
13.92%
below
its
200-day
SMA
of
$0.544667
and
has
seen
a
slight
1%
decrease
over
the
past
year.
This
underperformance
contrasts
with
top
gainers,

Illuvium
and
NEAR
Protocol,
both
of
which
have
shown
substantial
yearly
surges.

5.

Theta
Fuel
(TFUEL)

Theta
Fuel
is
a
crucial
part
of
the
Theta
ecosystem,
a
Layer
1
blockchain
designed
for
video,
AI,
and
entertainment
applications.
The
Theta
network
has
a
unique
dual
structure:
the
Theta
Blockchain
handles
payments,
rewards,
staking,
and
smart
contracts,
while
the
Theta
Edge
Network
manages
computing,
storage,
and
video
delivery.

TFUEL
is
the
operational
token
used
for
transactions,
smart
contract
execution,
and
staking,
which
secures
the
network
and
rewards
participants.
This
setup
offers
a
decentralized,
efficient,
and
cost-effective
solution
for
media
companies
and
developers,
driving
down
video
transcoding,
storage,
and
content
delivery
costs.

The
Theta
ecosystem
stands
out
with
its
enterprise
validator
and
governance
council,
including
global
leaders
like
Google,
Samsung,
and
Sony.
The
upcoming
Theta
EdgeCloud
will
further
enhance
its
capabilities,
introducing
a
hybrid
cloud
computing
platform.
TFUEL
also
powers
the
ThetaDrop
NFT
marketplace,
partnering
with
top
brands
like
Katy
Perry
and
American
Idol.

EdgeCloud
has
added
a
new
AI
model
type
to
the
AI
Showcase
today
–
Sketch
to
3D!
Leveraging
advanced
LLM
algos,
this
tech
can
be
used
in
animation,
gaming,
architecture,
and
many
more
fields
to
prototype
and
visualize
concepts
in
3D
space.

Try
it
now
at

https://t.co/PWSG8dSHVT

pic.twitter.com/EwfOHV95tj

—
Theta
Network
(@Theta_Network)

July
9,
2024

Theta
Fuel
is
priced
at
$0.067899,
having
increased
by
3.10%
in
the
past
24
hours.
It
has
medium
liquidity
with
a
0.0141
volume-to-market
cap
ratio.
Its
14-day
RSI
of
56.41
indicates
a
neutral
market
sentiment,
suggesting
possible
sideways
trading.
With
15
green
days
(50%)
in
the
last
30
days
and
low
volatility
at
8%,
Theta
Fuel
offers
a
stable
trading
environment.
Currently
trading
63.54%
above
its
200-day
SMA
of
$0.041365,
it
has
enjoyed
a
71%
price
increase
over
the
past
year.
This
performance
is
strong,
outpacing
XRP’s
minimal
change
but
trailing
behind
NEAR
Protocol’s
significant
gains.

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