High Crypto Gainers At this time Oct 18 – UMA, Fasttoken, Stacks, Iotex

The Central and Southern Asia and Oceania (CSAO) area is bursting onto the scene as a powerhouse in international crypto adoption! With an astounding $750 billion in cryptocurrency inflows, this area is making waves. The thrill is palpable as these nations redefine the way forward for finance!

This thrilling state of affairs units the stage for in the present day’s give attention to top crypto gainers. On this article, we’ll spotlight UMA, Fasttoken, Stacks, and IoTeX. Every of those cryptocurrencies is experiencing substantial worth surges and has thrilling developments. 

Largest Crypto Gainers At this time – High Record

First up is UMA, which leads the pack with a 15.43% improve because of its modern Oracle expertise. Fasttoken follows intently, rising by 6.05% because it leverages the Bahamut blockchain. Stacks shines with a 4.54% acquire, unlocking Bitcoin capital. In the meantime, IoTeX enjoys a 2.55% enhance, pushed by its partnership with Starpower and a outstanding 135% annual improve. So, let’s dive in and discover these gaining tokens which can be reshaping the way forward for cryptocurrency!

1. UMA (UMA)

In in the present day’s lineup of high crypto gainers, UMA takes the highlight, surging by 15.43% within the final 24 hours. What makes UMA stand out is its modern, optimistic Oracle system, which is revolutionizing how on-chain environments handle information. Not like conventional price-feed oracles, UMA employs a “true except disputed” mechanism, permitting for human enter to settle disputes. This characteristic is essential, particularly in DeFi and Web3, the place information isn’t at all times easy.

Furthermore, UMA’s dispute decision course of entails three core gamers: the information requester, the proposer, and the disputant. If there’s a disagreement, token-holders step in, voting to resolve disputes inside 48 hours. If appropriate, disputers are rewarded, whereas incorrect ones face penalties. In consequence, UMA’s system ensures equity whereas sustaining flexibility, making it a robust instrument for Web3 tasks.

On the safety entrance, UMA shines. All its good contracts, audited by OpenZeppelin, are constructed on Ethereum, providing builders a safe basis for decentralized apps. What’s extra, UMA token-holders play a direct position in securing the system by voting on disputes, and as they declare rewards, their voting energy grows.

When it comes to liquidity, UMA boasts a powerful volume-to-market cap ratio of 1.07, making certain easy buying and selling. But, regardless of its sturdy worth surge, the RSI stands at a impartial 58.11, suggesting that UMA could commerce sideways within the quick time period.

With $UMA, you maintain greater than only a token—you maintain the important thing to onchain reality.

✔️ Stake and vote to resolve onchain information disputes.

✔️ Earn as much as 30% APR.

✔️ Safe the way forward for DeFi.

Right here’s what it’s worthwhile to know to get began… 🧵 pic.twitter.com/K80LkLnU8t

— UMA 🥚 (@UMAprotocol) October 16, 2024

Lengthy-term efficiency, nevertheless, paints a unique image. UMA is buying and selling 73.16% above its 200-day SMA, signaling power. Over the previous 12 months, the token has surged by 123%, outperforming 55% of the highest 100 crypto belongings.

All in all, UMA’s cutting-edge oracle, sturdy safety, and powerful efficiency make it a compelling funding alternative.

2. Fasttoken (FTN)

The second high gainer in the present day is Fasttoken, which surged by 6.05% previously 24 hours, reaching a worth of $2.69. What’s extra, FTN enjoys excessive liquidity, with a stable volume-to-market cap ratio of 0.1949. Nonetheless, it’s essential to say that FTN is at the moment overbought, as indicated by its RSI of 100. This means a possible dip may very well be looming.

Now, let’s dive into what makes Fasttoken stand out. FTN is the native foreign money of the Bahamut blockchain, a layer 1 EVM-based community. Bahamut introduces a novel Proof of Stake and Exercise (PoSA) consensus mechanism. Not like the normal PoS, PoSA elements in exercise ranges—the extra fuel a validator’s good contract consumes, the upper their probabilities of incomes block rewards. This distinctive strategy encourages good contract builders to construct high-quality, steadily used contracts, which drives innovation and community exercise.

Moreover, Fasttoken’s origins as an ERC-20 token allowed it to gas SoftConstruct’s ecosystem. At this time, it’s essential for Bahamut’s staking and cross-chain operations. With over 4,200 validators and 200,000 holders, Bahamut is quickly increasing, processing over 600,000 transactions so far.

When it comes to long-term efficiency, FTN is buying and selling a staggering 163,557.16% above its 200-day easy transferring common of $0.001646. Much more spectacular, the token has elevated by 147% over the previous 12 months, outperforming 61% of the highest 100 crypto belongings. With volatility at simply 5%, Fasttoken’s efficiency appears regular for now regardless of being overbought.

With its modern expertise and stable market metrics, FTN presents an attractive alternative for traders in search of long-term progress.

3. FreeDum Fighters (DUM)

FreeDum Fighters is a satirical token venture that brilliantly merges cryptocurrency with the thrill of political theater. Because the presale unfolds, contributors can passionately rally behind their favourite mechanized candidates, MAGATRON and Kamacop 9000.

On the similar time, they’ll benefit from the prospect of potential monetary rewards. Moreover, every presale stage presents distinctive pricing and allocations designed to draw early traders.

🚨 PATRIOTS NEEDED 🚨

Prepared to select sides within the showdown of the century—MAGATRON vs. Kamacop 9000? 🤖

Right here’s your mission:

🇺🇸 Comply with @Freedum_Fighter, like & remark our pinned tweet.
🇺🇸 Publish a tweet which facet you select Magatron or Kamacop, tag pals that you simply suppose will… pic.twitter.com/zJ5z7w837J

— FreeDum Fighters (@Freedum_Fighter) October 17, 2024

To start with, in Stage 1: The Primaries, 20% of the presale is obtainable at simply $0.00005 per token. Following this, Stage 2: The Caucus options 25% of the allocation priced at $0.000075, which barely will increase the worth to take care of momentum. Moreover, Stage 3: Conference presents 30% at $0.0001, reflecting the venture’s progress and thereby decreasing threat.

Ultimately, Stage 4: The Normal Election presents the ultimate alternative for presale participation at $0.000125. Presently, the presale has impressively raised $102,203, with 2,044,062,278 tokens bought. Importantly, traders can stake their $DUM tokens to earn substantial rewards whereas participating in vigorous weekly debates for potential airdrops.

Furthermore, the tokenomics embrace 20% for liquidity, 20% for staking, and 40% for presale allocations. Notably, with an astonishing APY of 28755.30%, this venture presents not solely monetary returns but additionally political leisure. Consequently, be a part of FreeDum Fighters in the present day and safe your tokens for this distinctive expertise!

Visit FreeDum Fighters Presale

4. Stacks (STX)

Persevering with on the record of high crypto gainers, Stacks has made a stable transfer, surging 4.54% within the final 24 hours. Furthermore, it maintains spectacular liquidity with a 0.0886 volume-to-market-cap ratio, indicating sturdy market curiosity.

What makes Stacks stand out is its distinctive position as a Bitcoin layer for good contracts and decentralized functions. Primarily, it unlocks a large $500B in Bitcoin capital through the use of the Bitcoin blockchain for transaction settlement. Due to its modern Proof of Switch (PoX) consensus and Readability language, Stacks can learn the total Bitcoin state at any time, securing transactions on Bitcoin’s community.

Moreover, its upcoming launch will elevate Stacks even additional. Quickly, it will likely be totally secured by Bitcoin’s whole hash energy, giving it unparalleled safety and Bitcoin finality. This highly effective mixture of good contract performance and Bitcoin’s power is difficult to beat.

Transitioning to market efficiency, Stacks exhibits a balanced outlook. With a 14-day RSI of 37.18, it’s neither overbought nor oversold, suggesting sideways motion within the close to time period. Much more, during the last 30 days, 57% of days have been inexperienced, reflecting regular momentum.

Inquisitive about how #Bitcoin is evolving past a retailer of worth? Take a look at our Constructing Block on @Stacks $STX, a scaling resolution bringing good contracts and dApps to the Bitcoin ecosystem—whereas leveraging its community safety.

Learn the Constructing Block: https://t.co/Lficuu8iE8 pic.twitter.com/riUrEf41OL

— Grayscale (@Grayscale) October 17, 2024

On a broader scale, Stacks is buying and selling 94.38% above its 200-day transferring common, signaling sturdy long-term progress. In actual fact, its worth has surged 250% within the final 12 months, outperforming 77% of the highest 100 crypto belongings.

Altogether, Stacks’ mix of safety, innovation, and market efficiency positions it as a powerful funding alternative for these eyeing Bitcoin-driven expertise.

5. Iotex (IOTX)

Wrapping up our record of high crypto gainers is IoTeX, which noticed a 2.55% surge within the final 24 hours. With a wholesome 0.0489 volume-to-market cap ratio, IoTeX enjoys sturdy liquidity, additional underscoring its market presence.

An enormous driver of this worth surge is the most recent information from Starpower, the world’s largest decentralized power community. Starpower is integrating IoTeX’s modern ioID system to boost DePIN verification. This transfer is ready to enhance the safety, transparency, and belief throughout Starpower’s 14,000+ gadgets and 5 million each day transactions.

At its core, ioID bridges on-chain and off-chain identities, creating seamless integration for decentralized bodily infrastructure (DePIN) functions. This strategic partnership has bolstered investor confidence, pushing the token greater.

In the case of efficiency, IoTeX’s 14-day RSI sits at 62.63, indicating impartial momentum. Whereas it might commerce sideways within the quick time period, the token has proven constant progress. Over the previous 30 days, IoTeX recorded 13 inexperienced days, reflecting a gradual rise.

Starpower, a large decentralized power community, is integrating IoTeX’s ioID for enhanced DePIN verification.

ioID seamlessly bridges on-chain + off-chain identities, boosting transparency, verifiability, & belief for @starpowerworld’s 14,000+ gadgets & 5M each day transactions. https://t.co/lBt7lg2eSV

— IoTeX (@iotex_io) October 16, 2024

Although IoTeX is at the moment buying and selling barely beneath its 200-day transferring common, down by simply 1.05%, it nonetheless boasts a formidable 135% worth improve over the previous 12 months. The token has additionally outpaced 56% of the highest 100 crypto belongings.

As IoTeX continues to develop its attain, notably in decentralized functions (Dapps) and good gadget integration, its roadmap is bold. IoTeX goals to onboard 100 million gadgets, unlocking real-world worth within the coming years. Traders ought to maintain an in depth eye on this venture, because it guarantees progress and innovation.

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