Top Crypto Gainers Today Jun 14 – SSV Network, Raydium, OriginTrail, Ultima
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Cryptocurrencies
are
poised
for
a
resurgence
as
central
banks
in
Europe,
Canada,
Switzerland,
and
Sweden
cut
interest
rates.
This
shift
could
inject
fresh
liquidity
into
the
market,
creating
a
favorable
environment
for
risk-on
assets
like
crypto.
Historically,
lower
rates
have
boosted
crypto,
evident
in
2020
when
Bitcoin
soared
from
$7,000
to
$69,000.
As
the
U.S.
Federal
Reserve
might
follow
suit,
this
could
trigger
a
significant
crypto
boom.
Now,
let’s
dive
into
our
top
gainers
in
the
market
today
and
see
who’s
leading
the
charge.
Biggest
Crypto
Gainers
Today
–
Top
List
The
global
cryptocurrency
market
cap
is
$2.57
trillion
today,
showcasing
a
dynamic
shift
with
a
marginal
-0.43%
decline
in
the
last
24
hours.
This
is
juxtaposed
against
a
significant
142.23%
increase
over
the
past
year.
Despite
these
statistics,
the
market
sentiment
remains
cautiously
Bearish,
as
indicated
by
a
Crypto
Fear
&
Greed
Index
reading
of
74
(Greed).
Furthermore,
in
the
past
24
hours,
28%
of
cryptocurrencies
have
witnessed
gains,
setting
the
stage
for
a
closer
look
at
the
top
gainers
driving
this
enthusiasm
and
market
movement.
1.
SSV
Network
(SSV)
SSV
Network
leverages
a
unique
protocol
called
Secret
Shared
Validators
(SSV)
to
enhance
Ethereum
staking.
The
protocol
splits
a
validator
key
into
four
or
more
shares
distributed
among
independent
node
operators.
This
design
ensures
no
single
node
has
control
or
can
compromise
the
validator.
Nodes
can
operate
simultaneously
and
perform
validator
duties
without
risking
slashing.
SSV
improves
security
by
keeping
only
encrypted
shared
keys
online,
significantly
reducing
exposure
to
attacks.
Additionally,
this
infrastructure
allows
stakers
to
customize
and
optimize
their
validator
setups,
enhancing
flexibility
and
fault
tolerance.
The
technology
is
an
intermediary
between
the
validator
node
and
the
beacon
chain.
The
threshold
signature
scheme
allows
a
validator
to
remain
operational
even
if
some
nodes
go
offline.
This
setup
ensures
optimal
fault
tolerance
and
uptime.
SSV
Network
is
the
first
public
implementation
of
this
primitive,
reshaping
Ethereum
staking.
Empowering
builders
&
contributors
is
a
key
element
of
a
thriving
protocol
and
ecosystem.Meet
the
new
SSV
Ecosystem
Grants
Program:
now
more
aligned,
strategic
and
streamlined
to
support
the
next
innovative,
dedicated
builders
and
protocols.https://t.co/ToYtj0qG7J—
SSV
Network
(@ssv_network)
June
10,
2024
In
the
last
24
hours,
SSV’s
price
surged
by
6.08%,
reaching
$38.71.
This
bullish
momentum
isn’t
just
a
short-term
trend;
over
the
past
year,
SSV’s
price
has
increased
by
144%,
surpassing
57%
of
the
top
100
crypto
assets.
Trading
well
above
its
200-day
Simple
Moving
Average
(SMA)
of
$18.98,
SSV
is
showing
strong
market
confidence.
Despite
this
growth,
the
14-day
Relative
Strength
Index
(RSI)
at
58.75
suggests
the
token
is
in
a
neutral
zone.
With
15
green
days
in
the
last
30
days
and
low
volatility
at
9%,
SSV
Network
exhibits
both
stability
and
upward
potential,
making
it
an
exciting
asset
to
watch.
2.
Raydium
(RAY)
Raydium
plays
a
crucial
role
in
driving
the
dynamics
of
the
Solana
blockchain
ecosystem.
It
specializes
in
automated
market
making
(AMM)
and
liquidity
provision
for
the
Serum
decentralized
exchange
(DEX).
It
is
unique
for
integrating
on-chain
liquidity
with
Serum’s
central
limit
order
book.
Here,
funds
deposited
into
Raydium
are
converted
into
limit
orders
directly
on
Serum’s
order
books.
This
innovative
approach
enhances
liquidity
provision
and
grants
liquidity
providers
(LPs)
access
to
Serum’s
extensive
order
flow
and
existing
liquidity
pools.
Thus,
amplifying
their
market
participation
and
potential
profitability
within
the
DeFi
space.
RAY,
the
platform’s
native
utility
token,
is
used
to
stake
and
earn
protocol
fees
and
secure
Initial
DEX
Offerings
(IDOs)
allocations.
Additionally,
RAY
holders
participate
in
governance
decisions,
ensuring
a
decentralized
approach
to
protocol
development
and
future
enhancements.
This
gainer
has
seen
a
3.76%
price
increase
in
the
last
24
hours,
reflecting
ongoing
market
interest
and
activity.
Over
the
past
year,
RAY
has
surged
827%,
besting
91%
of
the
top
100
crypto
assets
by
market
cap.
Trading
420.56%
above
the
200-day
SMA,
Raydium
demonstrates
robust
performance
amidst
market
fluctuations.
—
Raydium
(@RaydiumProtocol)
June
14,
2024
With
a
14-day
RSI
indicating
overbought
conditions
at
72.78,
caution
is
advised
as
the
token
may
face
potential
correction.
Despite
37%
green
days
in
the
last
30
days,
indicating
mixed
trading
sentiment,
Raydium
maintains
medium
liquidity.
The
volume-to-market
cap
ratio
stands
at
0.0232,
reflecting
ongoing
market
engagement.
3.
Sealana
(SEAL)
Sealana,
a
Solana-based
meme
coin,
has
made
a
strong
debut
by
raising
over
$4
million
in
its
presale,
positioning
itself
as
a
notable
newcomer
in
the
cryptocurrency
market.
Sealana’s
charm
lies
in
its
chubby
seal
mascot
inspired
by
popular
culture,
which
has
resonated
with
a
broad
audience
and
boosted
its
popularity.
The
presale,
set
to
end
on
June
25,
2024,
at
6
PM
UTC,
has
generated
significant
interest.
Once
the
presale
concludes,
SEAL
tokens
will
be
airdropped
to
investors
in
preparation
for
the
token’s
listing
on
decentralized
exchanges
(DEX).
This
DEX
launch
is
highly
anticipated,
with
crypto
experts
predicting
a
significant
token
value
increase.
Sealana’s
growing
community
is
another
positive
indicator.
The
project
has
amassed
over
10,000
followers
on
X
(formerly
Twitter)
and
over
9,000
members
on
its
Telegram
channel.
This
vibrant
community
highlights
Sealana’s
broad
appeal
and
playful
theme,
attracting
many
investors.
As
the
presale
nears
its
end,
investors
are
eager
to
secure
SEAL
tokens
at
discounted
rates,
anticipating
significant
gains
at
the
market
debut.
Investors
can
purchase
SEAL
tokens
at
$0.022
using
various
payment
methods,
including
SOL,
ETH,
USDT,
USDC,
and
fiat
currency
via
bank
cards.
After
the
presale
ends,
SOL
purchases
will
be
airdropped
on
the
Solana
blockchain.
In
contrast,
ETH
purchases
will
be
airdropped
on
the
BNB
Chain,
minimizing
gas
fees
and
ensuring
a
seamless
experience
for
investors.
4.
OriginTrail
(TRAC)
OriginTrail
stands
out
with
its
robust
infrastructure
dedicated
to
trustworthy
AI
knowledge.
It
actively
combats
misinformation
while
guaranteeing
the
authenticity
and
traceability
of
information.
At
its
core
lies
the
innovative
Decentralized
Knowledge
Graph,
a
robust
repository
for
AI-ready
assets.
This
graph
organizes
data
efficiently
and
enables
enterprises
to
discover
verified
information
seamlessly.
TRAC,
the
native
token
of
OriginTrail,
powers
various
operations
within
the
network.
It
is
used
for
publishing,
updating,
and
maintaining
Knowledge
Assets
on
the
Decentralized
Knowledge
Graph,
ensuring
secure
and
transparent
data
sharing.
TRAC
also
serves
as
collateral
on
OriginTrail
nodes,
incentivizing
honest
and
efficient
performance
from
node
operators.
This
maintains
the
network’s
integrity
and
reliability.
The
OriginTrail
network’s
security
is
robust,
leveraging
the
Ethereum
blockchain
to
safeguard
TRAC.
Since
its
launch
on
Ethereum,
TRAC
has
benefited
from
Ethereum’s
proven
security
mechanisms,
which
ensure
the
reliability
and
safety
of
transactions
and
data
exchanges
within
the
OriginTrail
ecosystem.
????[ANNOUNCEMENT]@origin_trail
has
been
chosen
for
@EU_EBSI‘s
@EuropeanSandbox
2nd
cohort!
This
amazing
opportunity
allows
us
to
collaborate
closely
with
regulators
&
authorities,
driving
forward
Verifiable
Internet
for
#AI
in
the
EU/EAA
space.????https://t.co/b0x3pjthPv
https://t.co/AAs4cUu58B
pic.twitter.com/x2n9mvdMzM—
OriginTrail
(@origin_trail)
June
13,
2024
TRAC’s
market
performance
has
been
impressive,
with
its
price
increasing
by
275%
over
the
past
year.
In
the
last
24
hours
alone,
OriginTrail
saw
a
4.21%
increase,
highlighting
positive
momentum
in
its
trading
activity.
Currently
trading
at
$0.80256,
it
stands
162.46%
above
its
200-day
SMA.
The
14-day
RSI
is
neutral
at
46.82,
showing
balanced
market
sentiment,
while
the
30-day
volatility
is
low
at
6%.
Despite
moderate
liquidity
with
a
volume-to-market-cap
ratio
of
0.0097,
OriginTrail
remains
a
stable
investment.
5.
Ultima
(ULTIMA)
Ultima
is
a
comprehensive
cryptocurrency
ecosystem
centered
on
the
ULTIMA
token,
offering
various
innovative
products.
These
include
advanced
crypto
wallets,
a
unique
crypto
debit
card,
a
crowdfunding
platform,
and
its
marketplace.
Ultima
aims
to
redefine
how
people
engage
with
cryptocurrencies
globally,
facilitating
instant
cross-border
payments
and
enhancing
user
experience
in
digital
finance.
Ultima’s
security
is
multifaceted,
leveraging
blockchain
technology
for
decentralized
transaction
security.
Secure
wallets
with
two-factor
authentication
(2FA)
add
an
extra
layer
of
protection,
minimizing
the
risk
of
unauthorized
access.
Smart
contracts
further
ensure
secure
and
automated
transaction
execution,
reducing
fraud
potential.
A
dedicated
team
of
engineers
fortifies
Ultima’s
global
infrastructure
through
regular
updates
and
security
audits.
➡️Splitting
—
Ultima’s
Flagship
#Blockchain
Technology
of
the
Future????
Splitting
allows
users
to
interact
directly
with
the
blockchain
and
get
daily
rewards
in
the
$ULTIMA
token
for
providing
liquidity
to
pools.????
The
technology
is
successfully
used
by
nearly
three
million…—
Ultima_Ecosystem
(@UltimaEcosystem)
June
5,
2024
The
ULTIMA
token
is
the
backbone
of
Ultima’s
ecosystem,
facilitating
seamless
financial
transactions
across
its
platforms.
Recent
price
movement
has
shown
resilience
with
a
14.13%
increase
in
the
last
24
hours,
though
a
slight
decline
of
-1.53%
over
the
past
seven
days.
In
the
previous
30
days,
the
token
has
seen
a
6.1%
increase,
with
a
neutral
14-day
RSI
of
78.96,
indicating
current
overbought
conditions.
Despite
this,
Ultima
maintains
a
stable
30-day
volatility
of
13%,
reflecting
its
position
as
a
promising
player
in
the
cryptocurrency
market.
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