Top Crypto Gainers Today Jul 24 – Ethereum Name Service, Fasttoken, Ethereum Classic, Mantle

In
the
fast-paced
crypto
market,
today’s


top
gainers

offer
a
snapshot
of
the
exciting
potential
for
both
short-term
traders
and
long-term
investors.
The
crypto
market
is
a
blend
of
rapid
price
swings
and
unique
innovations,
creating
opportunities
for
those
who
can
stay
ahead
of
the
curve.
Short-term
investors
might
find
these
surges
thrilling,
while
long-term
players
can
spot
which
projects
have
the
foundation
for
future
success.
Understanding
these
dynamics
is
key
to
navigating
this
exhilarating
space,
where
both
immediate
gains
and
future
potential
matter. 

Biggest
Crypto
Gainers
Today
–
Top
List

Today’s
standout
tokens
each
tell
their
own
story.
Ethereum
Name
Service
has
seen
a
4.48%
rise,
highlighting
its
crucial
role
in
making
blockchain
addresses
user-friendly
and
accessible.
Fasttoken
has
grown
by
1.39%,
reflecting
its
active
role
in
the
Bahamut
blockchain
and
hinting
at
its
potential
despite
being
slightly
overbought.
Ethereum
Classic
has
achieved
a
1.12%
increase,
showcasing
its
steady
and
secure
Proof-of-Work
system,
ideal
for
those
valuing
stability.
Mantle
has
edged
up
by
0.78%,
demonstrating
its
innovative
approach
to
scaling
Ethereum
and
promising
future
growth.
Each
of
these
tokens
offers
a
mix
of
excitement
and
stability,
making
them
intriguing
for
anyone
looking
to
invest
wisely
in
the
crypto
world.

1.

Ethereum
Name
Service
(ENS)

The
Ethereum
Name
Service
is
a
decentralized
naming
system
on
the
Ethereum
blockchain
that
converts
human-readable
addresses
into
machine-readable
codes
for
wallets
like
Metamask.
By
simplifying
blockchain
addresses,
ENS
enhances
user
experience,
much
like
DNS
simplifies
internet
navigation.
Additionally,
it
allows
domain
owners
full
control
over
subdomains,
thereby
making
the
Ethereum-based
web
more
accessible.

Furthermore,
ENS
offers
enhanced
security
and
censorship
resistance
through
blockchain
technology,
operating
without
single
points
of
failure.
It
relies
on
two
smart
contracts:
the
ENS
registry,
which
records
domains,
and
the
resolver,
which
translates
addresses.
With
partnerships
with
wallets
like
Coinbase
Wallet
and
Trust
Wallet,
ENS
is
further
integrated
into
the
crypto
ecosystem.

We
teamed
up
with
Aragon
to
distribute
limited
edition
dao.eth
merch!
????

https://t.co/g4Q3SiOf00

—
ens.eth
(@ensdomains)

July
17,
2024

Recently,
ENS
has
seen
a
4.48%
price
increase
in
the
last
24
hours,
supported
by
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.7297.
Notably,
the
14-day
RSI
of
40.88
indicates
a
neutral
state.
Despite
the
mixed
performance,
with
13
green
days
out
of
the
last
30,
ENS
remains
relatively
stable
with
a
30-day
volatility
rate
of
7%.

In
the
long
term,
its
impressive
performance
is
evident
as
it
trades
206.63%
above
its
200-day
SMA
at
$8.99,
demonstrating
significant
growth.
Additionally,
a
year-over-year
price
increase
of
190%
shows
its
solid
growth
trajectory.
Consequently,
ENS
has
surpassed
73%
of
the
top
100
crypto
assets
by
market
cap,
showcasing
its
competitive
edge.

2.

Fasttoken
(FTN)

Fasttoken
is
the
native
currency
of
the
Bahamut
blockchain,
an
advanced
EVM-based
layer
1
solution
with
the
innovative
Proof
of
Stake
and
Activity
(PoSA)
consensus.
FTN
is
crucial
for
staking,
block
creation,
validation,
and
cross-chain
operations.
Initially
launched
as
an
ERC-20
token,
it
supports
transactions
within
the
SoftConstruct
ecosystem.
However,
Bahamut
features
over
4200
validators,
600,000
transactions,
and
200,000
FTN
holders,
showcasing
its
active
and
growing
network.

⚡️$FTN
is
now
integrated
with

@BanxaOfficial,
the
leading
fiat-to-crypto
on
&
off
ramp
platform,
offering
the
widest
range
of
payment
methods!

Check
the
link
????

https://t.co/Oyqa8XtsOK#ftn

#fasttoken

#integration

pic.twitter.com/ZjmEEaEqZl

—
Fasttoken
(@fasttoken_com)

July
19,
2024

The
PoSA
consensus
algorithm
adds
an
activity
parameter
based
on
smart
contract
gas
usage,
encouraging
high-quality,
widely
used
contracts.
Validators
must
stake
8192
FTN,
and
higher
activity
increases
their
chances
of
earning
rewards.
This
promotes
network
health
and
decentralization
while
maintaining
stability
and
security.

FTN
has
experienced
a
1.39%
price
increase
in
the
past
24
hours,
with
high
liquidity
indicated
by
a
volume-to-market
cap
ratio
of
0.0708.
However,
the
14-day
RSI
at
100.00
suggests
it
is
overbought,
indicating
a
potential
price
correction.
With
20
green
days
in
the
past
30,
FTN
shows
a
consistent
upward
trend.
Its
low
volatility
at
2%
suggests
a
stable
market
position,
though
it
might
be
overextended.

Over
the
past
year,
FTN
has
increased
by
157%,
trading
141,078.50%
above
its
200-day
SMA
of
$0.001646.
It
has
outperformed
68%
of
the
top
100
crypto
assets
by
market
cap,
highlighting
its
competitive
advantage.
Despite
its
potential
for
high
returns,
investors
should
consider
cautious
entry
points
due
to
overbought
conditions.

3.

PlayDoge
(PLAY)

PlayDoge

is
taking
the
meme
coin
world
by
storm,
blending
nostalgia
with
cutting-edge
Web3
technology.
Recently,
the
token
successfully
raised
over
$5.8
million
in
its
presale,
introducing
a
distinctive
Play-to-Earn
(P2E)
gaming
experience
that
evokes
memories
of
the
classic
90s
Tamagotchi.
Players
engage
by
caring
for
a
virtual
Shiba
Inu
pet
and
earn
$PLAY
tokens
as
rewards,
blending
gaming
excitement
with
cryptocurrency
in
a
fresh,
engaging
way.

The
project’s
roadmap
presents
a
well-defined
trajectory,
starting
with
initial
contract
audits
and
presale
activities.
It
then
progresses
through
a
full-scale
token
launch
on
both
decentralized
and
centralized
exchanges.
Early
phases
emphasize
development
and
marketing,
leading
to
app
testing,
mini-game
beta
releases,
and
community
airdrops.
This
strategic
plan
sets
the
stage
for
a
robust
launch
and
sustained
growth.

Supporting
this
roadmap,
PlayDoge’s
tokenomics
are
meticulously
designed:
50%
of
the
tokens
are
dedicated
to
the
presale,
12%
to
staking,
and
11.5%
to
liquidity.
Additionally,
10%
each
is
allocated
to
project
funds
and
marketing,
while
6.5%
is
reserved
for
community
rewards.
Furthermore,
nearly
$1.1
million
in
tokens
is
secured
in
a
verified
staking
contract
with
an
impressive
85%
annual
percentage
yield
(APY).
Investors
can
seize
this
lucrative
opportunity
to
purchase


$PLAY

with
BNB,
ETH,
or
USDT,
promising
substantial
potential
returns.

Visit
PlayDoge
Presale

4.

Ethereum
Classic
(ETC)

Ethereum
Classic
is
the
original
Ethereum
blockchain,
launched
in
July
2015,
that
supports
decentralized
applications
(DApps).
After
a
major
hack,
ETC
split
from
Ethereum
to
maintain
the
original
blockchain’s
integrity.
As
a
Proof-of-Work
(PoW)
blockchain
with
a
fixed
supply
cap
of
210,700,000,
ETC
is
known
for
its
security
and
stability,
positioning
itself
as
“digital
gold.”

ETC
features
PoW
consensus,
full
node
replication,
and
composability,
enhancing
its
security
and
functionality
for
DApps.
Unlike
Ethereum,
which
has
moved
to
Proof-of-Stake
(PoS),
Ethereum
Classic
continues
to
use
PoW,
offering
a
stable
and
secure
platform
for
developers
and
investors.

Recently,
ETC
has
posted
a
modest
1.12%
gain
in
the
past
24
hours,
supported
by
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.2540.
Despite
this,
ETC
shows
a
relatively
balanced
market
with
18
green
days
out
of
the
last
30.
Its
30-day
volatility
stands
at
6%,
indicating
a
stable
trading
environment.
Currently,
ETC’s
neutral
RSI
suggests
that
the
price
might
remain
stable
or
experience
minor
fluctuations
in
the
short
term.

Ethereum
Classic
Is
a
Smart
Contracts
Cryptocurrency
Blockchainhttps://t.co/hOtc8abL6u$ETC

#ETC
????

#EthereumClassic
????

—
Ethereum
Classic
(@eth_classic)

July
17,
2024

Over
the
past
year,
ETC’s
price
has
increased
by
29%,
reflecting
steady,
if
modest,
growth.
Although
it
trades
with
high
liquidity,
it
has
only
bested
34%
of
the
top
100
crypto
assets,
suggesting
a
more
conservative
investment
profile
compared
to
ENS
and
FTN.

5.
Mantle
(MNT)

Mantle
Network
is
an
L2
scaling
solution
for
Ethereum,
marking
the
first
core
product
of
the
Mantle
Ecosystem.
It
features
a
modular
architecture
that
separates
transaction
execution,
data
availability,
and
transaction
finality
into
upgradeable
modules,
ensuring
compatibility
with
the
Ethereum
Virtual
Machine
(EVM).
As
the
world’s
first
DAO-spawned
L2,
Mantle
Network
aims
to
drive
mass
adoption
of
token-governed
technologies.
The
native
token,
MNT,
is
used
to
pay
gas
fees,
grow
the
ecosystem,
and
enable
community
governance.

What
sets
Mantle
Network
apart
is
its
ability
to
hyperscale
network
performance
with
low
fees
and
faster
finality
while
leveraging
Ethereum’s
security.
This
allows
developers
to
create
DApps
with
exceptional
user
experiences.
Security
is
further
enhanced
through
its
partnership
with
EigenLayer
for
the
data
availability
module
and
its
adoption
of
a
roll-up
architecture
secured
by
Ethereum.

MNT
has
experienced
a
slight
increase
of
0.78%
over
the
past
24
hours,
with
high
liquidity
indicated
by
a
volume-to-market
cap
ratio
of
0.0672.
The
14-day
RSI
of
63.96
suggests
that
MNT
is
currently
neutral
and
likely
to
trade
sideways.
With
16
green
days
out
of
the
last
30,
MNT
has
shown
a
balanced
short-term
performance.
Also,
a
30-day
volatility
of
10%
indicates
moderate
price
stability.

Looking
at
its
long
term,
MNT
has
appreciated
by
51%
over
the
past
year,
reflecting
solid
growth.
Although
it
trades
significantly
above
its
200-day
SMA,
its
performance
is
less
dramatic
than
FTN’s
but
more
stable.
It
has
outpaced
43%
of
the
top
100
crypto
assets,
making
it
a
moderately
strong
contender
in
the
market.

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