Top Crypto Gainers Today Feb 18 – The Graph, Injective, Uniswap, SingularityNET 

0

Join Our Telegram channel to stay up to date on breaking news coverage

Today, the crypto market showcases remarkable top gainers across four standout coins: The Graph, Injective, Uniswap, and SingularityNET. GRT has surged by 16.37%, propelling its market cap to $2.09 billion. INJ stands out with a market cap of $3.45 billion, priced at $37.05, demonstrating exceptional performance in the DeFi sector.

Meanwhile, UNI maintains a bullish sentiment, priced at $7.72, with a market cap of $4.62 billion. AGIX, representing SingularityNET, revolutionizes AI development and accessibility, securing a market cap of $567.85 million. 

Biggest Crypto Gainers Today – Top List

In today’s dynamic crypto market, 18% of coins surged, with IoTeX leading the charge with a remarkable 44.10% gain. Conversely, Helium Mobile saw a 6.06% dip, claiming the top among losers. Over the past year, Dogwifhat dominated, boasting an 8,940.16% increase. Notably, Tellor struggled since the year’s inception, witnessing a substantial 54.30% loss.

1. The Graph (GRT) 

The Graph (GRT), an indexing protocol, has emerged as a top crypto gainer, with an increment of 16.37%, propelling its market capitalization to a staggering $2.09 billion. Currently ranked #14 in the Ethereum (ERC20) Tokens sector and #4 in the AI Crypto sector, GRT reflects investor sentiment as bullish, with a Greed/Fear Index registering 72.

This indexing protocol is designed for querying data from networks like Ethereum and IPFS. It has gained significant attention from developers and investors alike. The Graph’s unique approach enables the creation of open APIs called subgraphs. It facilitates seamless data retrieval through GraphQL. This is a testament to its versatility and utility in DeFi and the broader Web3 ecosystem.

Over the past year, GRT has demonstrated impressive growth, outperforming 57% of the top 100 crypto assets and trading 88.38% above its 200-day Simple Moving Average (SMA). With a trading volume of $340.27 million and 17 green days in the last 30 days, it maintains a market dominance of 0.11%.

In 2024, The Graph plans to integrate artificial intelligence (AI) into its querying system. It also plans to expand compatibility across multiple blockchains. Plus, it wants to empower GRT holders through decentralized governance, thus presenting a compelling case for investor enthusiasm.

2. Injective (INJ) 

Injective (INJ) is a groundbreaking blockchain explicitly designed for finance. With a current price of $37.05 and a notable upshot of 6.36%, it boasts a market capitalization of $3.45 billion, positioning itself as a top player in the DeFi sector. Ranked #5 in DeFi Coins, #3 in Layer 2, and #2 in the AI Crypto sector, it has demonstrated exceptional performance. It also outperforms 96% of the top 100 crypto assets in the past year, including Bitcoin and Ethereum.

INJ Price Chart

INJ is built on the Cosmos SDK and utilizes a Tendermint-based Proof-of-Stake consensus mechanism. The project offers lightning-fast transaction finality with over 10,000 TPS, trading at an impressive 236.89% above the 200-day SMA. It boasts a substantial trading volume of $1.06 billion, coupled with high liquidity evidenced by its volume-to-cap ratio of 0.3057. T

What makes it distinguished is its sophisticated financial infrastructure, which enables dApp development across various markets. It seamlessly integrates with Ethereum and Solana for unmatched interoperability. Governed by a decentralized community, Injective fosters innovation, making it attractive for developers and investors.

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix introduces a groundbreaking Stake-to-Mine (PoS) strategy, redefining cloud mining. Users can use innovative stacking and burning methods to leverage BTCMTX coins to access mining credits.

By staking BTCMTX coins on an Ethereum-based smart contract, users gain seamless access to Bitcoin cloud mining. This streamlined process simplifies coin acquisition and staking for mining credits. This enables users to exchange credits for valuable mining power.

With a focus on safety and affordability, Bitcoin Minetrix ensures a secure and accessible platform. Continuous audits by Coinsult reinforce platform security, while a minimum presale purchase of $10 eliminates financial barriers. Users need not possess technical expertise or invest in costly hardware, making cloud mining accessible to all.

It is rapidly approaching its funding goal, with contributions totaling $11,087,563.8 out of the targeted $11,850,888. With BTCMTX tokens currently priced at $0.0135, prospective buyers have a limited time to secure tokens at this rate, emphasizing the urgency to act swiftly.

Visit Bitcoin Minetrix Presale

4. Uniswap (UNI) 

Uniswap, a decentralized trading protocol, enhances DeFi token trading with automated features. It aims to solve liquidity issues faced by previous decentralized exchanges. The protocol’s uniqueness lies in its liquidity creation for the DeFi sphere.

UNI Price Chart

With a current price of $7.72 and a market capitalization of $4.62 billion, UNI maintains a bullish sentiment while being among the top gainers. Investors’ optimism is reflected in the Greed/Fear Index at 72. From records, its performance shows an 11% increase year-to-date. It maintains a dominant market share, trading at 45.91% above the 200-day SMA.

Uniswap V3, launched in May 2021, boasts enhanced features for liquidity providers and traders. However, exciting news reveals Uniswap v4’s scheduled release in Q3 2024. The upgrade integrates Ethereum Dencun features, enhancing protocol functionality.

Notably, this version introduces a significant feature called “hooks,” enabling the integration of custom logic. This feature operates at critical protocol points like pools, swaps, fees, and liquidity provider positions. Uniswap prioritizes security; hence, it is undergoing thorough audits before the v4 launch.

5. SingularityNET (AGIX)

SingularityNET, represented by the AGIX token, revolutionizes AI development and accessibility. Developers can efficiently market their AI tools, while buyers can test services before payment. Its request for an AI portal also connects users with AI specialists for tailored solutions.

The AGIX token’s utility has expanded with SingularityNET’s growth. In October 2020, the SingularityNET Enhancement Proposal (SNEP) empowered AGIX holders to vote on network changes. Furthermore, a staking feature introduced in March 2020 allows users to stake their tokens.

AGIX Price Chart

Recently, SingularityNET partnered with Hanson Robotics to launch Awakening Health, focusing on AI-driven healthcare solutions. Grace, their flagship product, is a humanoid assistant designed for the healthcare industry.

The performance metrics reflect its rising prominence. With a current price of $0.452874, AGIX experienced a notable 14.63% surge in the last 24 hours. The token’s market capitalization is $567.85 million, securing its position as the #7 cryptocurrency in the AI sector.

Market sentiment remains bullish, with a Greed/Fear Index 72 indicating investor confidence. Technical analysis shows AGIX trading above the 200-day SMA, signaling positive momentum. Moreover, the token recorded 16 green days in the last 30 days, representing 53% of trading days.

Now, let’s shift our focus to other noteworthy news in the crypto space. The looming Bitcoin halving event raises questions about the fate of mining stocks. With history as a guide, investors are eager to understand the potential impact on these stocks and the broader crypto market.

Read More:

New Crypto Mining Platform – Bitcoin Minetrix

Bitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Secure Cloud Mining
  • Earn Free Bitcoin Daily
  • Native Token On Presale Now – BTCMTX
  • Staking Rewards – Over 50% APY

Bitcoin Minetrix


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

Leave A Reply

Your email address will not be published.