Top Crypto Gainers Today Jun 17 – Convex Finance, JasmyCoin, Tellor, Pendle

Before
we
explore
today’s
top
crypto
gainers,
it’s
worth
noting
a
significant
development
in
the
market.
Australia’s
largest
stock
exchange,
the
ASX,
has
approved
its
first
spot
Bitcoin
exchange-traded
fund
(ETF),
the


VanEck
Bitcoin
ETF
(VBTC).
This
milestone
will
launch
on
June
20,
underscoring
a
growing
acceptance
and
demand
for
Bitcoin
investment
vehicles
within
regulated
markets.

Furthermore,
the
approval
of
VBTC
represents
a
step
forward
in
providing
investors
with
regulated
and
transparent
avenues
to
access
cryptocurrencies.
It
also
reflects
broader
trends
in
global
financial
markets
towards
embracing
digital
assets.
Now,
let’s
uncover
the
standout
performers
in
today’s
crypto
market.

Biggest
Crypto
Gainers
Today
–
Top
List

Today,
the
global
market
cap
stands
at
$2.55
trillion,
reflecting
a
slight
0.56%
change
in
the
last
24
hours
and
a
remarkable
129.85%
surge
compared
to
a
year
ago.
Despite
this
growth,
market
sentiment
leans
towards
Greed,
with
the
Fear
&
Greed
Index
at
71.
This
sentiment
is
mirrored
in
the
performance
of
individual
cryptocurrencies:
only
28%
have
seen
gains
in
the
past
day.
Convex
Finance,
JasmyCoin,
Tellor,
and
Pendle
stand
out
among
today’s


top
gainers,
each
known
for
their
distinct
projects
and
price
increases
amid
broader
market
fluctuations.

1.

Convex
Finance
(CVX)

Convex
Finance
is
a
DeFi
protocol
designed
to
optimize
earnings
for
Curve
liquidity
providers.
Instead
of
staking
liquidity
directly
on
Curve,
providers
stake
with
Convex
to
earn
enhanced
CRV
and
liquidity
mining
rewards.
This
setup
allows
CRV
stakers
to
achieve
better
capital
efficiency,
positioning
Convex
as
a
strategic
player
in
the
“Curve
wars.”

By
pooling
assets
from
individual
stakers,
Convex
enables
even
small
investors
to
benefit
from
boosted
rewards
that
are
otherwise
hard
to
attain.
The
protocol
aims
to
accumulate
as
much
total
value
locked
(TVL)
as
possible
to
gain
significant
influence
over
Curve
Finance,
the
largest
decentralized
exchange
(DEX)
by
total
value
locked.
Controlling
a
substantial
stake
in
Curve
Finance
allows
Convex
to
influence
interest
rates,
benefiting
its
users
and
the
broader
ecosystem.

With
the
massive
overhang
of

$CRV
collateral
from
Mitch
liquidated
into
the
market
it’s
just
fundamentals
from
here
on
out
for

$CVX

Eventually
ETH
with
have
its
cycle
moment
and
moon,
and
the
wealth
effect
from
BTC
and
ETH
holders
will
lead
to
a
rotation
into
other
coins

Which…

—
Jason
Hitchcock
(@JasonHitchcock)

June
16,
2024

In
the
past
24
hours,
CVX
has
seen
a
remarkable
price
surge,
jumping
85.44%
to
$4.01.
However,
over
the
past
year,
it
has
increased
by
17%,
outpassing
just
20%
of
the
top
100
crypto
assets
by
market
cap.
Currently,
it
is
trading
10.61%
above
its
200-day
simple
moving
average
of
$3.61.

The
14-day
Relative
Strength
Index
(RSI)
is
48.22,
indicating
a
neutral
market
that
may
trade
sideways.
In
the
last
30
days,
Convex
Finance
had
18
green
days,
accounting
for
60%
of
the
period,
with
a
low
volatility
rate
of
11%.
The
token
also
demonstrates
high
liquidity,
with
a
volume-to-market
cap
ratio
0.5081.

2.

JasmyCoin
(JASMY)

JasmyCoin
combines
IoT
and
blockchain
technology
to
give
users
complete
control
over
their
data.
It
connects
service
providers
with
data
users,
creating
a
secure
environment
for
data
exchange
between
IoT
devices
like
computers,
cars,
and
phones.
The
platform
protects
individual
data
sovereignty
and
transforms
information
into
personal
assets.

Jasmy
decentralizes
workflows
with
edge
computing
and
stores
data
on
the
InterPlanetary
File
System
(IPFS).
The
network
uses
Security
Knowledge
Communicator
(SKC)
and
Smart
Defender
to
manage
transactions
and
data
securely.
Built
on
Ethereum,
Jasmy
complies
with
strict
Japanese
legal
requirements,
ensuring
rigorous
financial
audits
and
legal
accountability.
This
combination
of
technology
and
legal
compliance
boosts
the
platform’s
security
and
trustworthiness.

JASMY
has
shown
significant
price
movement
recently.
Currently
priced
at
$0.037551,
it
has
surged
by
11.16%
in
the
past
24
hours.
Over
the
past
year,
the
token
has
experienced
a
substantial
increase
of
894%,
surpassing
95%
of
the
top
100
crypto
assets.
Jasmy
is
trading
702.34%
above
its
200-day
SMA
of
$0.00469,
indicating
long-term
solid
growth.

Exciting
news!
????

A
campaign
has
launched
on

#DeGate,
the
DEX
powered
by
Zero
Knowledge
rollup,
for

#Jasmy
holders!
????

Dive
into
the
details
now????@JanctionMGT

@HARA_JasmyCFO

$Jasmy

@DeGateDex

https://t.co/SLVaaeSjdC

—
Jasmy-MGT
(@JasmyMGT)

June
14,
2024

Despite
its
impressive
gains,
the
14-day
RSI
is
at
50.69,
suggesting
the
cryptocurrency
is
neutral
and
may
trade
sideways.
With
60%
of
the
last
30
trading
days
being
positive,
JASMY
has
maintained
relatively
low
volatility,
currently
at
26%
over
the
past
30
days.
The
token
also
enjoys
high
liquidity,
with
a
volume-to-market
cap
ratio
of
0.3232.

3.

WienerAI
(WAI)

WienerAI

is
an
AI-powered
meme
coin
uniquely
combining
advanced
technology
with
playful
branding.
Unlike
other
dog-themed
cryptocurrencies,
WienerAI
features
an
AI
trading
bot
that
provides
real-time
insights
and
strategic
guidance
for
new
and
experienced
traders.
This
makes
it
a
valuable
tool
for
navigating
the
volatile
crypto
market.

More
Wieners
every
day
–
Our
WienerAI
family
is
growing
fast!
????

More
holders
=
More
excitement
for
our
launch!

Ready
to
join
the
pack?
????????

pic.twitter.com/TPFpsjLGFX

—
WienerAI
(@WienerDogAI)

June
13,
2024

WienerAI’s
presale
success,
surpassing
$5.8
million,
highlights
its
strong
market
reception
and
the
strategic
interest
it’s
attracting.
The
platform’s
user-friendly
design
allows
users
to
ask
questions
and
receive
immediate,
data-driven
answers,
significantly
reducing
the
time
and
effort
needed
for
market
research.
This
innovative
feature
positions
WienerAI
as
a
game-changer
in
the
crypto
space.

The
native
Ethereum-based
token,
$WAI,
is
currently
priced
at
$0.000719
and
is
set
for
a
price
increase
in
less
than
24
hours
as
it
moves
to
the
next
presale
stage.
About
13.8
billion


$WAI

tokens
are
available
in
the
ongoing
presale,
representing
20%
of
its
total
69
billion
supply,
presenting
an
excellent
opportunity
for
early
investors.
Another
20%
of
the
tokens
are
allocated
for
staking,
offering
an
impressive
213%
APY.
This
enables
new
holders
to
start
earning
passive
income
immediately
after
their
purchase.
Furthermore,
the
project
is
secure,
with
its
smart
contract
fully
audited
by
SOLIDProof.

Visit
Wiernerai
Presale

4.

Tellor
(TRB)

Tellor
is
a
decentralized
oracle
protocol
that
connects
off-chain
data
to
on-chain
smart
contracts.
It
allows
data
reporters
to
supply
and
validate
data
permissionlessly,
competing
for
TRB
token
incentives.
This
data
is
essential
for
DeFi
applications,
enabling
smart
contracts
to
use
real-world
information.
Tellor
ensures
data
integrity
by
allowing
disputes
and
verifications,
creating
a
robust
Oracle
solution.

The
TRB
token
is
central
to
Tellor’s
ecosystem.
Data
reporters
stake
TRB
to
participate,
aligning
their
incentives
with
the
need
for
accurate
data.
If
a
reporter
submits
incorrect
data,
they
risk
losing
their
stake
if
disputed.
This
discourages
malicious
reporting
and
rewards
honesty.
TRB
is
also
used
in
governance,
where
token
holders
vote
on
disputes
and
protocol
changes.
The
governance
contract
handles
conflicts
and
rewards,
ensuring
community
consensus.

We’re
happy
to
see
the
integration
of
Tellor
in

@GyroStable‘s
Consolidated
Price
Feed
mechanism.
Spreading
oracle
risk
across
a
wider
variety
of
trust
assumptions,
utilizing
fallbacks
and
circuit
breakers
is
a
wise
thing
to
do!

https://t.co/j2rGgHQBQF

—
Tellor
(@WeAreTellor)

June
13,
2024

TRB
has
recently
seen
a
significant
price
jump,
surging
4.41%
in
the
past
24
hours.
Over
the
past
year,
the
price
skyrocketed
by
1,060%,
outpacing
96%
of
the
top
100
crypto
assets.
Tellor
trades
93.05%
above
its
200-day
SMA
of
$53.52,
indicating
robust
growth.
However,
the
14-day
RSI
is
72.72,
suggesting
a
potential
price
correction.
In
the
last
30
days,
it
enjoyed
16
green
days,
accounting
for
53%
of
the
period,
with
a
low
volatility
rate
of
7%.
Its
market
cap
is
$266.23
million
with
a
24-hour
volume
of
$300.52
million,
showcasing
high
liquidity
and
strong
investor
interest.

5.
Pendle
(PENDLE)

Pendle
is
another
DeFi
protocol
that
enables
tokenizing
and
trading
future
yields.
It
focuses
on
separating
ownership
of
yield-generating
assets
from
their
future
yield,
creating
new
financial
instruments
tradable
on
its
platform.
Pendle’s
automated
market
maker
(AMM)
supports
assets
with
time
decay,
addressing
the
challenge
of
valuing
future
yields.
This
allows
liquidity
providers
and
traders
to
sell
future
yields
for
immediate
liquidity
or
speculate
on
the
yield
of
various
DeFi
assets.

Pendle’s
security
framework
includes
comprehensive
audits
by
reputable
firms,
enhanced
operational
security
protocols,
rigorous
code
reviews,
and
continuous
system
monitoring.
Transparency
and
community
engagement
are
essential,
with
an
open-source
codebase
on
platforms
like
GitHub
encouraging
community
participation
in
ongoing
security
enhancement.
Despite
the
complexity
and
novelty
of
its
offerings,
Pendle
aims
to
provide
a
secure
environment
for
its
users.

POV:
You
take
one
of
the
best
stablecoin
deposits
on

@Arbitrum,
put
it
on
Pendle,
slap
on
some
extra
points
and
fixed
APY
(21.4%)
on
top
????️

pic.twitter.com/wndTZFrarp

—
Pendle
(@pendle_fi)

June
17,
2024

Pendle’s
price
today
is
$5.47,
reflecting
a
3.43%
increase
in
the
last
24
hours.
Over
the
past
year,
its
price
has
surged
by
930%,
outshining
96%
of
the
top
100
crypto
assets
by
market
cap.
It
is
trading
604.08%
above
its
200-day
SMA
of
$0.778006,
with
its
14-day
RSI
at
48.46,
suggesting
the
gainer
is
neutral
and
may
trade
sideways.
With
14
positive
trading
days
in
the
last
30
days,
Pendle
has
maintained
relatively
low
volatility
at
10%.
The
token
also
has
high
liquidity
supported
by
a
market
cap
of
$842.94
million
and
a
24-hour
trading
volume
of
$145.05
million.

Read
More