Top Crypto Gainers Today Jul 15 – MAPLE, Pendle, Synthetix, Dash

As
we
embark
on
a
journey
to
examine
today’s
top
gainers,
let’s
briefly
explore
the
latest
trends
in
the
global
crypto
market.


Bitcoin
whales
are
on
a
buying
spree,
accumulating
71,000
BTC
during
the
recent
market
downturn
at
the
fastest
rate
since
April
2023,
when
several
U.S.
banks
collapsed.
This
surge
in
whale
activity,
highlighted
by
CryptoQuant,
coincides
with
Bitcoin’s
dip
to
$54,200
on
July
5.

Despite
smaller
traders
offloading
their
holdings,
a
net
increase
of
261
wallets
holding
at
least
10
BTC
was
observed
in
early
July,
indicating
long-term
bullish
sentiment.
However,
not
all
whales
follow
this
trend;
a
dormant
whale
transferred
1,000
BTC
worth
nearly
$60
million
after
a
12-year
hiatus.
Currently,
BTC
is
trading
at
$62,500,
rebounding
from
recent
lows
amid
market
challenges. 

Biggest
Crypto
Gainers
Today
–
Top
List

Today’s
pick
of

top
crypto
gainers

highlights
a
spectrum
of
resilience
and
volatility.
Maple
and
Pendle
have
demonstrated
remarkable
growth
and
innovation.
Maple
excels
in
decentralized
corporate
credit
markets,
while
Pendle
pioneers
the
tokenization
of
future
yields.
Synthetix
and
Dash
present
a
contrast
with
their
unique
value
propositions.
Synthetix
focuses
on
synthetic
asset
trading,
while
Dash
emphasizes
fast,
private
payments.

While
Maple
and
Pendle
boast
impressive
year-over-year
performance
and
robust
trading
above
their
200-day
simple
moving
averages,
Synthetix
and
Dash
exhibit
both
challenges
in
their
long-term
market
outlook.
They
trade
below
their
200-day
SMA
and
show
declines
over
the
past
year.
Let’s
delve
into
each
of
these

to
assess
their
potential
for
inclusion
in
a
portfolio.

1.

MAPLE
(MPL)

Maple
is
a
decentralized
corporate
credit
market
offering
transparent,
on-chain
financing
for
borrowers
and
sustainable
yield
for
liquidity
providers.
Managed
by
Pool
Delegates,
Maple’s
lending
pools
perform
due
diligence
and
set
loan
terms.

MPL
governs
the
protocol,
enabling
holders
to
participate
in
governance,
share
in
fee
revenues,
and
stake
insurance.
Literally,
Maple
connects
institutional
lenders
with
borrowers,
combining
compliance
with
smart
contract
efficiency.
Institutional
borrowers
secure
under-collateralized
loans
without
fear
of
liquidation,
while
liquidity
providers
earn
yields
from
diversified
exposure
to
top-tier
crypto
institutions.

On
July
9,
2024,
Maple
partnered
with
Zodia
Custody,
a
digital
asset
custodian
backed
by
Standard
Chartered
and
others.
Zodia
Custody
will
hold
collateral
pledged
to
Maple,
enhancing
security
and
compliance
for
institutional
clients.
The
partnership
also
allows
Zodia
Custody
wallets
to
support
the
Maple
token,
maximizing
returns
for
institutions
in
high-interest
environments.

We’re
excited
to
announce
a
strategic
partnership
with

@ZodiaCustody,
a
leading
institution-first
digital
asset
custodian
to
further
progress
Maple’s
goal
to
be
the
home
of
digital
asset
lending
and
borrowing
in
the
space.

➡️
Read
more
here:

https://t.co/ov2KpyMwEX

—
Maple
(@ETHCC)
(@maplefinance)

July
9,
2024

MPL
is
riding
high
with
a
current
price
of
$14.89,
marking
an
impressive
20.06%
surge
in
the
last
24
hours.
Its
liquidity
is
solid,
with
a
volume-to-market
cap
ratio
of
0.0324.
The
14-day
RSI
of
43.41
suggests
it’s
in
a
neutral
zone,
likely
to
trade
sideways.
Over
the
past
30
days,
MPL
has
had
14
green
days
(47%),
and
its
volatility
is
comfortably
low
at
5%.
Remarkably,
MPL
is
trading
61.52%
above
its
200-day
SMA
of
$9.22,
showing
significant
strength
compared
to
Dash,
which
is
struggling
below
its
200-day
SMA.
MPL’s
price
has
risen
by
122%
in
the
last
year,
outperforming
67%
of
the
top
100
crypto
assets,
a
stark
contrast
to
Synthetix’s
performance.

2.

Pendle
(PENDLE)

Pendle
is
a
DeFi
protocol
that
focuses
on
tokenizing
and
trading
future
yields.
By
allowing
users
to
separate
the
ownership
of
the
underlying
asset
from
its
future
yield,
Pendle
enables
the
creation
of
new
financial
instruments
that
can
be
traded
on
its
platform.
The
core
of
Pendle’s
offering
is
its
automated
market
maker
(AMM),
designed
to
support
assets
that
experience
time
decay,
addressing
the
challenge
of
valuing
future
yields,
which
can
fluctuate
based
on
numerous
factors.
This
design
is
pivotal
in
providing
users
more
control
over
future
yield,
offering
them
optionality
and
opportunities
for
its
utilization.

Pendle’s
primary
uses
include
staking
to
secure
the
network,
yield
farming
to
optimize
earnings,
governance
participation,
and
liquidity
provision.
Its
security
framework
also
includes
comprehensive
audits,
rigorous
code
reviews,
and
continuous
monitoring
to
protect
against
threats.
The
protocol’s
commitment
to
transparency
and
community
engagement
through
open-source
practices
further
bolsters
its
security.

Post
Mortem

For
context
–
Squarespace
purchased
all
domain
registrations
and
related
customer
accounts
from
Google
Domains
in
June
2023,
which
forced
the
migration
of
domains.

Recently,
attackers
exploited
a
vulnerability
in
Squarespace,
hijacking
domains
hosted
on
their…

https://t.co/0lgcvzss2r

—
Pendle
(@pendle_fi)

July
12,
2024

PENDLE
is
a
star
gainer,
currently
valued
at
$4.40,
with
a
14.57%
increase
in
the
last
24
hours.
A
0.4326
volume-to-market
cap
ratio
underscores
its
high
liquidity.
Unlike
SNX,
Pendle’s
14-day
RSI
of
48.46
and
strong
bullish
trend,
trading
465.46%
above
its
200-day
SMA
of
$0.778006,
make
it
a
standout.
Over
the
past
year,
Pendle’s
price
has
skyrocketed
by
402%,
besting
87%
of
the
top
100
crypto
assets,
in
stark
contrast
to
Dash’s
17%
decline.
Pendle’s
30-day
performance
of
14
green
days
(47%)
mirrors
that
of
MPL,
demonstrating
consistent
growth
and
investor
confidence.

3.

Mega
Dice
(DICE)

Mega
Dice
($DICE),
a
Solana-based
GameFi
token,
is
doing
great
in
the
crypto
market,
raising
over
$1.5
million
in
its
presale.
Adding
to
the
excitement,
Mega
Dice
recently
launched
a
staking
feature,
allowing
holders
to
earn
passive
income
from
the
platform’s
profits.
Currently
priced
at
$0.09093,
the
presale
price
increases
every
seven
days,
so
now
is
the
time
to
invest
and
lock
in
the
lowest
prices.

Post
Mortem

For
context
–
Squarespace
purchased
all
domain
registrations
and
related
customer
accounts
from
Google
Domains
in
June
2023,
which
forced
the
migration
of
domains.

Recently,
attackers
exploited
a
vulnerability
in
Squarespace,
hijacking
domains
hosted
on
their…

https://t.co/0lgcvzss2r

—
Pendle
(@pendle_fi)

July
12,
2024

With
a
user
base
exceeding
10,000
and
monthly
wagering
surpassing
$50
million,
Mega
Dice
is
quickly
becoming
a
leader
in
the
crypto
casino
domain.
The
$DICE
token
facilitates
transactions
across
diverse
games
and
betting
opportunities,
offering
holders
lucrative
rewards,
cashback,
and
exclusive
promotions.
A
planned
DEX
listing
is
set
to
boost
liquidity
and
potentially
skyrocket
the
token’s
price,
positioning
$DICE
ahead
of
competitors.

The
launch
of
Mega
Dice
staking
means
owning
$DICE,
which
is
akin
to
holding
a
stake
in
a
profitable
online
casino.
Token
holders
can
earn
daily
rewards
tied
to
the
casino’s
performance,
with
42
million
tokens
allocated
for
staking
over
a
two-year
distribution
plan.
This
structure
allows
for
hourly
compounding
of
earnings,
maximizing
returns.
The
staked
tokens
can
be
claimed
post-presale
or
after
the
lock-up
period,
providing
a
fair
opportunity
for
all
investors
to
reap
the
benefits.
Don’t
miss
out
on
this
groundbreaking
opportunity—secure
your


$DICE

tokens
today
and
join
the
winning
streak. 

Visit

Mega
Dice

Presale

4.

Synthetix
(SNX) 

Synthetix
is
a
decentralized
liquidity
protocol
on
Optimism
and
Ethereum,
providing
deep
liquidity
and
low
fees
for
protocols
like
Kwenta,
Lyra,
Polynomial,
1inch,
and
Curve.
Collateralized
by
SNX,
ETH,
and
LUSD,
it
issues
synthetic
assets
(Synths)
that
track
and
return
underlying
asset
values
without
direct
ownership.
Synthetix
aims
to
enhance
the
cryptocurrency
space
by
introducing
non-blockchain
assets
and
expanding
access
to
robust
financial
markets.

Synthetix
functions
as
a
decentralized
exchange
(DEX)
for
synthetic
assets,
allowing
autonomous
Synth
trading.
SNX
holders
can
stake
tokens
to
earn
transaction
fees
from
the
Synthetix
Exchange.
Using
oracles,
the
platform
tracks
asset
prices,
ensuring
seamless
trading
without
liquidity
issues.
SNX
tokens
are
collateral
for
minting
Synths
and
are
secured
in
smart
contracts.
The
network
uses
a
proof-of-stake
(PoS)
consensus,
with
stakers
earning
rewards
from
network
fees
and
the
protocol’s
inflationary
monetary
policy.

Synthetix
v3
is
steadily
rolling
out.

Here
is
a
breakdown
of
all
features
the
v3
system
introduces
(and
a
short
history
of

@synthetix_io
protocol
development).

– “Liquidity
layer
of
DeFi”
–
CDP
protocol
with
0%
interest
+
perps
infra
–
Delta-neutral
debt
pool
–
Multi-collateral

—
definikola
(@definikola)

July
8,
2024

SNX
has
seen
a
decent
uptick,
with
its
price
reaching
$1.916236
after
a
12.72%
boost
in
the
last
24
hours.
It
stands
out
with
its
high
liquidity,
boasting
a
0.3027
volume-to-market
cap
ratio.
While
SNX
shares
a
similar
neutral
RSI
to
MPL
at
42.82,
its
performance
over
the
past
year
tells
a
different
story.
Unlike
Pendle,
which
has
surged
by
402%,
SNX
has
unfortunately
dipped
by
32%,
highlighting
the
challenges
it
faces.
Trading
42.67%
below
its
200-day
SMA
of
$3.37,
SNX
has
outpaced
only
4%
of
the
top
100
crypto
assets,
indicating
room
for
improvement.

5.
Dash
(DASH)

Dash
is
a
cryptocurrency
and
blockchain-focused
on
fast,
affordable
global
payments.
Launched
in
2014
as
a
fork
of
Litecoin,
it
enhances
Bitcoin
with
stronger
privacy
and
quicker
transactions.
Key
features
include
a
two-tier
network
with
masternodes,
InstantSend
for
instant
payments,
ChainLocks
for
immutability,
and
PrivateSend
for
privacy.
Dash
serves
individual
users
and
institutions,
including
merchants
and
financial
services.
Its
governance
system
allocates
10%
of
block
rewards
to
project
development,
ensuring
a
competitive
and
decentralized
ecosystem.

Dash
will
launch
its
Evolution
platform
on
July
29th,
aiming
to
make
cryptocurrency
more
user-friendly.
Evolution
will
introduce
features
like
usernames,
contact
lists,
invoicing,
and
recurring
payments
at
the
protocol
level,
removing
the
need
for
centralized
entities.
The
Genesis
phase
will
focus
on
network
stability
and
bug
fixes,
followed
by
the
activation
of
Dash
Platform
Name
Service
(DPNS)
and
DashPay.
This
release
is
expected
to
enhance
Dash’s
usability
for
everyday
payments
and
drive
mainstream
adoption.

DASH
is
currently
priced
at
$27.76,
experiencing
a
modest
7.91%
rise
in
the
last
24
hours.
It
maintains
high
liquidity
with
a
0.1411
volume-to-market
cap
ratio.
Unlike
MPL
and
Pendle,
Dash’s
14-day
RSI
of
48.49
suggests
a
neutral
market
stance.
Over
the
past
30
days,
Dash
has
had
16
green
days,
slightly
better
than
MPL
and
Pendle.
However,
it
trades
14.73%
below
its
200-day
SMA
of
$32.50,
indicating
potential
bearish
sentiment.
With
a
17%
price
decline
over
the
past
year,
Dash’s
performance
pales
in
comparison
to
Pendle’s
impressive
gains,
highlighting
the
diverse
dynamics
within
the
crypto
market.

Read
More