Top Crypto Gainers Today Jun 13 – Toncoin, Lido DAO, Bittensor, Ontology Gas

For
more
than
two
years,
the
prospect
of
higher


interest
rates
has
impacted
the
crypto
market.
However,
in
mid-2023,
the
Federal
Reserve’s
direction
shifted.
In
eight
of
its
last
nine
meetings,
including
one
on
June
12,
the
Fed
held
rates
steady
after
raising
them
11
times.
Analysts
now
expect
rates
to
move
lower
as
inflation,
which
hit
3.3%
in
May,
comes
under
control.

Higher
rates
and
recession
fears
are
losing
their
grip
on
the
crypto
market.
Cryptocurrency
prices,
which
struggled
during
the
rate
hikes,
have
rebounded
significantly.
The
anticipation
of
lower
rates
has
boosted
assets
like
Bitcoin
and
Ethereum,
with
Bitcoin
hitting
an
all-time
high
in
March.
This
renewed
optimism
suggests
investors
are
increasingly
confident
in
a
soft
economic
landing.

Biggest
Crypto
Gainers
Today
–
Top
List

Several
projects
are
making
significant
strides
in
today’s
crypto
market,
capturing
investor
attention
with
innovative
solutions
and
impressive
market
movements.
We
will
spotlight
these


top
gainers:
Toncoin,
Lido
DAO,
Bittensor,
and
Ontology
Gas.
Each
of
these
cryptocurrencies
demonstrates
robust
price
growth
and
brings
unique
features
to
blockchain.

Toncoin,
with
its
seamless
integration
into
Telegram’s
Web3
vision,
showcases
groundbreaking
scalability
through
multi-level
sharding.
Lido
DAO
continues
simplifying
staking
with
its
liquid
solutions,
expanding
Ethereum’s
ecosystem.
Bittensor
merges
blockchain
with
AI,
pioneering
a
decentralized
intelligence
network,
while
Ontology
Gas
leverages
a
dual-token
model
to
enhance
digital
identity
and
data
management.
Join
us
as
we
dig
into
what
makes
these
projects
stand
out.

1.

Toncoin
(TON)

Toncoin
is
the
native
cryptocurrency
of
The
Open
Network
(TON),
a
decentralized
layer-1
blockchain.
Various
contributors,
including
the
Switzerland-based
TON
Foundation,
support
this
open-sourced
blockchain.
Their
vision
is
to
empower
500
million
users
to
own
their
digital
identity,
data,
and
assets
by
2028.
They
aim
to
build
a
Web3
ecosystem
within
Telegram
Messenger.

TON
is
unique
due
to
its
multi-level
sharding
structure,
which
allows
the
network
to
perform
numerous
simultaneous,
ultra-fast
transactions.
This
scalability
ensures
transactions
remain
cheap
and
fast.
Telegram
has
endorsed
TON
as
its
official
Web3
infrastructure,
aiming
to
integrate
and
promote
the
TON-based
ecosystem
within
Telegram.

Toncoin
utilizes
a
proof-of-stake
(PoS)
consensus
mechanism
for
transaction
validation.
Validator
rewards
are
paid
in
Toncoin,
and
nominators
can
also
provide
tokens
to
validators
for
rewards.
Smart
contracts
manage
validators
and
nominators,
executed
using
the
TON
Virtual
Machine
(TVM),
adding
extra
network
protection.

????

@travalacom,
a
leading
crypto-native
travel
booking
service
with
2.2M+
properties
and
400K+
activities
worldwide,
has
integrated
with

#TON!

You
can
now
book
millions
of
hotels,
flights,
and
fun
activities
all
around
the
world
and
pay
with

$TON
and

$USDt
on
TON!
✈️????????

Learn…

pic.twitter.com/kVwYbJcsH1

—
TON
????
(@ton_blockchain)

June
12,
2024

TON
is
valued
at
$7.56,
up
6.11%
in
the
past
24
hours.
Its
price
has
surged
by
395%
over
the
last
year,
outshining
80%
of
the
top
100
crypto
assets.
Trading
273.12%
above
its
200-day
Simple
Moving
Average
(SMA)
of
$2.03,
the
14-day
Relative
Strength
Index
(RSI)
is
at
47.69,
showing
a
neutral
trend.
Over
the
last
30
days,
Toncoin
had
13
green
days,
with
volatility
low
at
6%.
With
a
market
cap
of
$26.30
billion
and
a
24-hour
volume
of
$539.63
million,
Toncoin
has
a
medium
liquidity
ratio
of
0.0205.

2.

Lido
DAO
(LDO)

Lido
DAO
is
a
decentralized
autonomous
organization
that
provides
staking
infrastructure
for
various
blockchain
networks.
Its
most
notable
offering
is
a
liquid
staking
solution
for
Ethereum,
enabling
users
to
stake
their
ETH
and
receive
stETH
tokens
in
return.
These
stETH
tokens
represent
the
user’s
staked
ETH
and
accrue
staking
rewards.

LDO
holders
participate
in
governance
proposals
and
vote
on
critical
decisions
such
as
board
adjustments,
new
integrations,
and
platform
updates.
Lido’s
liquid
staking
model
negates
the
need
for
users
to
have
technical
expertise
or
a
minimum
amount
of
32
ETH
to
run
their
validator,
making
staking
accessible
to
a
broader
audience.

Lido’s
platform
uses
smart
contracts
on
Ethereum
to
manage
deposits
and
distribute
rewards.
It
supports
staking
for
Ethereum
and
Polygon,
enhancing
network
security
and
offering
users
flexible,
liquid
staking
options.

Introducing
advanced
DeFi
strategies
for
stETH
with
Mellow
&
Symbiotic
✨

https://t.co/dzmYEFY8dM

A
new
initiative
to
provide
stETH
holders
with
access
to
new
DeFi
opportunities,
including
restaking.

pic.twitter.com/KRIqIPzvAa

—
Lido
(@LidoFinance)

June
11,
2024

Also,
the
Lido
protocol
ensures
security
through
decentralized
governance,
audited
code,
and
robust
smart
contracts.
Several
third-party
security
firms
have
audited
Lido’s
contracts
to
identify
and
address
vulnerabilities,
reinforcing
the
platform’s
reliability.

LDO
is
making
waves
at
$1.97,
jumping
6.60%
in
the
past
24
hours.
However,
it
climbed
10%
over
the
past
year,
surpassing
only
16%
of
the
top
100
crypto
assets.
Trading
slightly
above
its
200-day
SMA
at
0.25%,
its
14-day
RSI
of
51.64
signals
neutral
momentum.
In
the
last
30
days,
LDO
saw
12
green
days
and
maintained
a
stable
14%
volatility.
Its
high
liquidity
ratio
of
0.1573
underscores
robust
market
activity.

3.

PlayDoge
(PLAY)

PlayDoge

is
a
new
multichain
Play-to-Earn
(P2E)
meme
coin
that
raised
over
$4
million
two
weeks
into
its
presale.
The
project
recently
added
Ethereum
staking
to
its
original
option
on
the
BNB
Chain,
which
remains
its
primary
base.
The
presale
offers
tokens
for
a
fraction
over
half
a
cent,
potentially
securing
the
lowest
price
for
the
year.

The
PlayDoge
game
provides
a
nostalgic
experience
where
players
earn
XP
by
caring
for
their
virtual
Shiba
Inu
and
participating
in
mini-games.
The
most
attentive
players
receive
bonus
$PLAY
tokens
and
exclusive
rewards.
Unlike
the
original
Tamagotchi,
PlayDoge
is
easier
to
manage.
Players
can
also
earn
$PLAY
through
staking,
with
early
participants
enjoying
an
APY
of
242%
on
Ethereum
and
88%
on
BNB
Chain,
enhancing
the
game’s
appeal.

PlayDoge’s
presale
allocates
50%
of
its
9.4
billion
token
supply
to
early
investors
and
12%
to
staking.
With
its
smart
contract
fully
audited
by
SolidProof
and
a
potential
Binance
listing,
$PLAY
is
positioned
for
significant
growth.
Joining
the
presale
is
simple,
with
buying
options
using
BNB,
ETH,
USDT,
or
credit
cards.
Combining
elements
of
meme
coins,
P2E
gaming,
and
nostalgic
game
remakes,


PlayDoge

stands
out
in
the
market.

Visit
PlayDoge
Presale

4.

Bittensor
(TAO)

Bittensor
is
an
innovative
platform
combining
blockchain
technology
with
machine
learning.
It
creates
a
decentralized
network
for
developing,
sharing,
and
monetizing
AI.
Bittensor
utilizes
a
peer-to-peer
intelligence
market,
which
enables
collaborative
training
of
machine
learning
models.

Contributors
are
rewarded
with
TAO
tokens
based
on
their
informational
value.
The
native
cryptocurrency,
TAO,
not
only
incentivizes
participation
but
also
grants
users
access
to
the
network’s
collective
intelligence,
enabling
tailored
use
of
AI
resources.

Bittensor’s
security
framework
includes
token-based
incentives,
anti-cheating
protocols,
hotkey
security
features,
privacy
protections,
and
open-source
collaboration,
all
bolstered
by
decentralized
governance.
This
ensures
a
fair,
secure,
and
resilient
environment
for
AI
development.
Ultimately,
Bittensor
aims
to
create
an
incentivized
and
trustless
marketplace
for
AI,
fostering
open
and
permissionless
innovation
on
a
global
scale.

Compute
is
expensive,
but
one
of
Bittensor’s
subnets
is
making
it
cheap.

Subnet
12 “Compute
Horde”
is
competing
with
the
biggest
compute
providers
using
the
Bittensor
network.

Watch
this
weeks
Novelty
Search
podcast
here:

https://t.co/GFvGhw7O4i

pic.twitter.com/cZDYb3N0oL

—
Openτensor
Foundaτion
(@opentensor)

June
9,
2024

The
price
of
its
native
token,
TAO,
has
reached
$338.33,
marking
a
5.68%
increase
in
the
last
24
hours.
Over
the
past
year,
TAO’s
price
has
surged
by
511%, 
beating
83%
of
the
top
100
crypto
assets
by
market
cap.
Additionally,
TAO
is
trading
177.04%
above
its
200-day
SMA,
which
is
$122.07.

Bittensor’s
market
cap
is
$2.31
billion,
and
its
24-hour
trading
volume
is
$63.72
million,
indicating
medium
liquidity
and
a
volume-to-market
cap
ratio
of
0.0276.
It
has
remained
stable
despite
market
volatility,
with
a
30-day
volatility
rate
of
8%
and
11
positive
trading
days
out
of
the
last
30.

5.
Ontology
Gas
(ONG)

Ontology
is
a
high-performance,
open-source
blockchain
specializing
in
digital
identity
and
data
management.
Its
robust
infrastructure
supports
cross-chain
collaboration
and
Layer
2
scalability,
allowing
businesses
to
create
customized
blockchain
solutions
that
meet
their
needs.

It
includes
vital
components
like
ONT
ID,
a
mobile
digital
ID
application,
and
a
decentralized
identity
(DID)
framework.
It
features
DDXF,
a
decentralized
data
exchange
framework,
and
ONTO,
a
self-sovereign
data
wallet.
SAGA,
a
decentralized
data
marketplace,
and
Wing,
a
DeFi
platform
for
borrowers
and
creditors,
are
also
part
of
the
ecosystem.

Ontology
employs
a
dual-token
model
with
ONT
and
ONG
to
mitigate
volatility
risks.
ONT
is
used
for
staking,
while
ONG
anchors
the
value
of
on-chain
applications
and
facilitates
transactions.
This
separation
ensures
that
fluctuations
in
the
native
asset
value
do
not
impact
the
gas
fees
required
for
network
operations.

Did
you
know
running
a
Candidate
Node
for

@OntologyNetwork
does
not
require
any
server
running
24/7?
????

Find
out
here
how
you
can
run
your
own
Node
for
Ontology!

⚡️How
to
Sign
Up
to
Run
an
Ontology
Node⚡️https://t.co/hsteaET8YL#ONT

#Ontology

#DID

#Web3

#ONTID

@ONTOWallet

—
Ontology
Node
Australia
–
ONT
Australia
(@OntologyAU)

June
11,
2024

ONG
is
priced
at
$0.402902,
up
2.78%
in
the
last
24
hours.
Its
price
surged
99%
over
the
past
year,
outdoing
49%
of
the
top
100
crypto
assets.
ONG
trades
20.16%
above
its
200-day
SMA
of
$0.334937,
indicating
an
upward
trend.

The
14-day
RSI
is
46.58,
suggesting
a
neutral
market
stance.
In
the
last
30
days,
ONG
had
ten
green
days,
with
volatility
of
9%,
indicating
stability.
With
a
market
cap
of
$152.79
million
and
a
24-hour
volume
of
$143.74
million,
ONG
has
a
high
liquidity
ratio
of
0.9408.

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