Today's Cryptocurrency Gainers List June 12 Stacks Helium Aelf Kaspa Leads Gainers

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The crypto market has recently experienced a significant drop, leading to large-scale liquidations. Bitcoin fell 3.5% to $67,275, while Ethereum fell 4.6% to $3,495. This led to the liquidation of approximately $270.4 million in leveraged positions, with Binance leading the way with $99.7 million in liquidations.
The market volatility coincides with the anticipation of important macroeconomic data updates, including the monthly Consumer Price Index (CPI) report and the Federal Reserve's monetary policy announcement. As a result, investors look forward to these reports to provide insights into the economic outlook, which is expected to influence market sentiment and trading strategies. The strong correlation between Bitcoin and traditional assets suggests that broader market movements can affect cryptocurrencies.
Today’s Biggest Crypto Gainers – Top List
Today, 23% of cryptocurrencies are experiencing positive changes. The leading gainer is io.net, which has gained 30.16% in the past 24 hours, while Baby Doge Coin is the biggest loser, losing 8.17%. Among the notable gainers, Stacks, Helium, Aelf, and Kaspa stand out for their outstanding performance and unique features.
Stacks uses Bitcoin for smart contracts, with a gain of 5.11% in the past 24 hours and 313% in the past year. Helium improves IoT connectivity, with a gain of 6.99% today and 175% in the past year. Aelf, with its modular blockchain technology, has gained 3.87% in the past 24 hours and 63% in the past year. Kaspa has made significant progress using the GHOSTDAG protocol, with a gain of 2.97% today and a surge of 922% in the past year.
1.
Stacks (STX)
The top gainer, Stacks, is a Bitcoin layer for smart contracts. It enables decentralized applications to use Bitcoin as an asset and settle transactions on the blockchain. Stacks leverages Bitcoin Layer 1 (L1) to unlock $500 billion in BTC capital for settlement in these applications. With Proof of Transfer consensus and the Clarity language, Stacks can read from Bitcoin at any time. All transactions on Stacks are hashed and settled on Bitcoin L1, leveraging 100% of Bitcoin hashing power for security.
It uses Bitcoin's proof-of-work consensus for security, preventing attacks by combining thousands of miners and nodes, making attacks computationally and economically infeasible. In the latest version of Stacks, transactions on the blockchain can scale independently, with Bitcoin providing only final verification and security. This results in thousands of Stacks transactions generating a single hash on the Bitcoin blockchain.
Stacks is the only blockchain protocol that rewards STX holders with native BTC yield.
@Stacks uses the Poof of Transfer (PoX) mechanism, where validators spend BTC to validate new blocks in exchange for new STX.
The Stacks token issuance halving is scheduled for January 2025…
2.
Helium (HNT)
In second place is Helium, a blockchain-based network that connects IoT devices. It enables these devices to communicate by sending data to network nodes called Hotspots. These Hotspots provide public network coverage using LoRaWAN, a protocol with a cloud component. Helium is one of the largest LoRaWAN networks, with more than 25,000 Hotspots.
WiFi supports IoT devices but raises privacy concerns. Helium solves this problem with a decentralized architecture, providing 200 times greater coverage. The network relies on HNT holders to manage nodes, incentivizing participation. Helium also uses data points to pay transaction fees.
The Proof of Coverage mechanism is unique to Helium and is based on the HoneyBadger Byzantine Fault Tolerance protocol. This allows consensus to be achieved at different connection rates. In addition, this mechanism supports challengers, transmitters, and witnesses to verify network activity.
3.
99Bitcoins (99BTC)
Exceeding the $2 million milestone, 99Bitcoins’ BRC-20 crypto token presale has attracted widespread investor attention. Through this Learn to Earn (L2E) program, users participate in challenges and courses to earn 99BTC tokens, enhancing interaction and rewards. In addition, the platform offers a fascinating staking model with an amazing 855% APY, providing users with a fascinating opportunity.
99Bitcoins has become a pillar of cryptocurrency education and has developed leading initiatives in the cryptocurrency space since its founding in 2013. Initially offering detailed guides on trading, wallets, and earning cryptocurrency, the platform has grown rapidly.
With over 2 million registered course users and over 700,000 YouTube subscribers, 99Bitcoins has already solidified its position in the crypto community. The ICO enhanced the platform’s functionality with the introduction of the 99BTC token.
99Bitcoins plans to migrate to the BRC-20 standard in Q3 2024, further solidifying its appeal. Analysts expect the platform to achieve exponential growth and reach a $100 million market cap, listed on major exchanges. 99Bitcoins’ trajectory suggests a promising future in the dynamic world of cryptocurrency.
Visit 99BTC Presale
4.
Aelf (ELF)
The next gainer is Aelf, a groundbreaking layer 1 blockchain that offers modular systems, parallel processing, and multi-sidechain technology for unlimited scalability. Founded in 2017, Singapore-based Aelf leads Asia in integrating artificial intelligence into blockchain.
Aelf supports building and deploying smart contracts and dApps using its native C# SDK as well as other languages such as Java, JS, Python, and Go. It focuses on sidechains and a unique governance system to solve blockchain problems. Sidechains handle specific smart contracts and communicate through the main chain, enhancing scalability and preventing network bloat.
5.
Kaspa (KAS)
The last gainer is Kaspa, a proof-of-work cryptocurrency that leverages the GHOSTDAG protocol, creating a block DAG structure that can exist in parallel without orphaned blocks. This setup enhances security and allows for a high block rate, aiming to achieve 100 blocks per second. Kaspa's design features include Reachability for DAG topology queries, block data pruning, SPV proofs, and future support for subnetworks, making it easier to implement second-layer solutions.
Kaspa's unique monetary policy is called Color Phases, which reduces issuance geometrically over time, inspired by the 12-tone scale of music. The policy kicks off on May 7, 2022, with an initial block reward of 440 KAS, and rewards halve every year, with a monthly reduction factor. This policy ensures a consistent issuance rate, adjusting rewards based on block rate changes. The initial block reward corresponds to the frequency of the musical note A4, which is called an octave per year.