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front pageToday's NewsToday’s Crypto Gainers: February 10 – Bonk, Pendle, Immutable, Sponge V2

Today’s Crypto Gainers: February 10 – Bonk, Pendle, Immutable, Sponge V2

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In today’s cryptocurrency market, the market has grown by 0.11% compared to yesterday to a global market cap of $1.78 trillion. Superverse led the way with a 29.25% increase, while BitTorrent (BTT) faced a notable 6.38% drop.

Today's Biggest Crypto Gainers - List

Dogwifhat posted an astonishing year-over-year growth of 6009.71%, while the Sponge V2 presale gained momentum thanks to its attractive staking APY.

This guide is designed to introduce investors to potential gems in the market that are on the rise. Their growth potential has put them on the list of today's top gainers.

1. Bonk (BONK)

BONK has brought something new to Bonk (BONK) enthusiasts with the launch of BONKsquares during Super Bowl LVIII. This new feature, provided by FamousFoxFed, has breathed new life into the Bonk community, just in time for the big game. The launch of BONKsquares offers a unique experience that is likely to generate more interest and engagement among users.

This move is consistent with Bonk's ongoing efforts to expand its utility and enrich user engagement. By leveraging the excitement generated by major events such as the Super Bowl, Bonk aims to foster a stronger sense of community and engagement, which could have a positive impact on its market dynamics.

Amid Bonk's recent strong trading performance, up 11.60% in the past 24 hours, investor sentiment remains positive. Trading volume rose to $237.54 million, highlighting the growing enthusiasm and confidence in the project. In addition, Bonk's market sentiment is positive, with a Greed Index of 74 and 16 of the past 30 days up, reflecting strong investor optimism.

BONKing on the 30-yard line, the 20-yard line, the 10-yard line…

Touchdown!!

Super Bowl LVIII, Bonk's way, whether the Bucs or 49ers win:

BONKsquares is now online!!!

This classic Super Bowl tradition is hosted by our friends @FamousFoxFed

More Information

pic.twitter.com/D78TFSQbM5

– Bonk! (@bonk_inu)

February 1, 2024

As Bonk solidifies its leading position in the cryptocurrency market, initiatives like BONKsquares help its overall growth and attract investors. This could drive further appreciation and market dominance for Bonk in the foreseeable future.

2. Pendle (PENDLE)

Pendle is a yield management platform that maximizes returns for lenders and borrowers. It is a permissionless protocol that enables a variety of yield management strategies. Pendle pioneered the trading of tokenized future yields, providing additional opportunities and future yield lock-in.

Yield tokenization separates assets into yield and principal components. Pendle's AMM ensures centralized liquidity with a dual fee structure and minimal temporary losses. vePENDLE allows users to stake $PENDLE in the protocol.

Recently, Pendle has locked up nearly $1 billion in funds within half a year, which has greatly boosted the growth of its market value.

Pendle’s price today is $3.31, with a 24-hour trading volume of $249.88 million and a market cap of $789.51 million, showing a 14.55% increase. The Greed Index is 74, indicating bullish sentiment, and technical signals suggest continued positive momentum for Pendle.

3. Immutable (IMX)

Immutable X has changed the NFT project on Ethereum. It provides zero gas fees and carbon neutrality, and processes 9,000 transactions per second. StarkWare's Starkey technology ensures scalability and security.

Of the five most anticipated Web3 games for 2024 recently announced, four are being built on Immutable. These games include Illuviumio, Metal Core, Block Lords, and Guild of Guardian, showcasing the growing adoption of the Immutable platform in the gaming industry.

This news could have a positive impact on Immutable’s ecosystem and could affect its future price. By becoming the preferred choice for these highly anticipated Web3 games, Immutable X solidifies its position as the leading platform for NFT projects.

Increased usage and popularity of these games could drive demand for Immutable’s native token, IMX, as users conduct transactions within the ecosystem.

@naavik_co reveals the top five most anticipated Web3 games for 2024, four of which are being built on Immutable. @illuviumio @playmetalcore @BLOCKLORDS @GuildOfGuardian

pic.twitter.com/dqCD8sL9og — Immutable (@Immutable)

February 9, 2024

Additionally, association with successful gaming projects could attract more developers and users to the platform, further fueling its growth and potentially leading to an increase in the price of IMX.

With a price of $2.70, a 24-hour trading volume of $249.51 million, and a market cap of $3.66 billion, Immutable X stands out. It has performed exceptionally well over the past year, outperforming 84% of the top 100 crypto assets, showing a sustained bullish sentiment.

4. Sponge V2 (SPONGE)

Building on the success of Sponge V1, Sponge V2 brings significant improvements. It introduces a powerful gaming architecture powered by the rapidly growing and scalable Layer 2 Polygon network. This strategic shift aims to enhance security and launch a fully decentralized play-to-earn game.

Centralized exchange users holding SPONGE V1 are encouraged to withdraw and stake through the Sponge website. The same rules apply to non-custodial wallet holders. In return, they will receive SPONGE V2.

Attention, #SPONGERS! Here is some important information about $SPONGE V2! $SPONGE V1 has officially been retired, and V2 has been launched on #Polygon!

Learn more about the token details below https://t.co/TCdxgXx40w1/3

pic.twitter.com/YZzXOlKmHY — $SPONGE (@spongeoneth)

February 6, 2024

Additionally, Sponge V2 benefits from the existing network, community, and partnerships established with V1.

It is worth noting that the current price of V2 is $0.000855 compared to the launch price of V1 of $0.000025. This marks a 3421.23% increase, which has attracted considerable attention. Users have also staked and bridged a total of $7.96 million worth of Sponge tokens.

Visit Sponge V2 presale.

5. Sui (SUI)

Sui is a high-performance proof-of-stake layer 1 blockchain. Validators manage each epoch, ensuring decentralized governance.

Users can delegate their stake to validators, pool voting power and receive a portion of the fees. Security is maintained through stake distribution.

Pocket Space is a Sui-based play-to-earn adversarial game. In partnership with Mysten Labs, it promises fast execution and true digital ownership.

Pocket Space is a play-to-earn competitive game based on @SuiNetwork!

Partnering with @Mysten_Labs, we will revolutionize Web3 gaming with fast execution, sub-second finality, and true digital ownership. #PlayBeyond

pic.twitter.com/izRlqpxAsM – Pocket Space (@pocketspacegg)

February 9, 2024

Sui Crypto’s price today is $1.705234, with a 24-hour trading volume of $1.75 billion and a market cap of $1.99 billion. It is up 9.84% in the past 24 hours.

6. Dogwifhat (WIF)

In the past 24 hours, Dogwifhat has risen 25.37% to $0.281, marking a strong uptrend. In the past week, it has risen 11.32%, showing continued positive momentum.

The long-term performance is strong, with a gain of 67.29% in the past year. It is consistently trading above its 200-day simple moving average and has had 14 green trading days in the past 30 days, or 47% of the total.

Dogwifhat, which ranks 130th by market cap, has seen a notable increase in market cap of 25.76%. Trading volume has also increased by 42.85%.

7. Superverse (SUPER)

Superverse (SUPER) is a pioneer in Web3 products such as the NFT marketplace for crypto enthusiasts. Superverse's mission is to promote widespread adoption of Web3 games. In the past 24 hours, SUPER has risen 29.25% to $0.861, indicating an upward trend, while it has increased by 46.95% in the last week.

Ranked #130 by market cap, Superverse has seen a 29.44% increase in market cap over the past 24 hours. Its notable long-term performance shows a 552.47% price increase over the past year. Meanwhile, with a massive 544.62% increase in trading volume over the same period, Superverse is making positive progress.

Finally, let’s look at a question that is a common question in the cryptocurrency market. Is Shiba Inu still a cryptocurrency that can make someone a millionaire?

Read more

Today's Top 10 Crypto Gainers

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