Today's cryptocurrency gainers list: JasmyCoin, Axelar, Fantom, Flow dominate the list

Join our Telegram channel to get the latest news
In the ever-changing cryptocurrency space, the biggest winners and losers can change quickly in a short period of time. For example, Dogwifhat has taken the spotlight, gaining 805.53% since the beginning of the year. However, not all coins have shared the glory, with FTX Token losing 34.82% since the beginning of January.
Today has its own story; some assets have soared to new heights, attracting the attention of investors seeking profits. Others have faced sharp declines, highlighting the risk and volatility of digital assets. In this story where PEPE is the biggest winner with a gain of 63.56%, while Bitcoin SV has suffered a worrying decline with a loss of -9.62%, we focus on four noteworthy coins at the same time: JasmyCoin, Axelar, Fantom, and Flow. We will explore them in depth by introducing their innovative projects, collaborative efforts, innovation progress, and performance indicators.
Today’s Biggest Crypto Gainers – Leaderboard
JasmyCoin brings together IoT and blockchain, prioritizing data sovereignty and security. It continues to gain traction with a gain of 18.07% in the past 24 hours and a price increase of 360% in the past year. Axelar, which leads Web3 innovation and is known for its secure cross-chain communication and impressive growth, has gained 21.55% in the past 24 hours and 242% in the past year. Fantom has demonstrated bullish investor sentiment through its fast transaction speeds and unique consensus mechanism, gaining 26.08% in the past 24 hours. Meanwhile, Flow, designed for gaming and digital assets, has maintained resilience and high liquidity, gaining 6.88% in the past 24 hours and taking 0.08% of market share. Now, let's dive into the details of each of the biggest winners.
1.
JasmyCoin (JASMY)
Led by Jasmy Corporation, a Tokyo-based IoT provider, JasmyCoin is a revolutionary fusion of IoT and blockchain technology. Integrating these systems prioritizes data sovereignty, giving users full control over their personal information. Through its decentralized platform, Jasmy facilitates trustless data exchange between IoT devices and decentralized protocols.
The project stands out for its commitment to protecting user data, ensuring confidentiality and proper information handling. Leveraging edge computing and IPFS technologies, Jasmy decentralizes data management, creating a secure and owner-centric environment. This approach enhances security and reduces the risk of fraud associated with traditional data processing methods.
It uses Secure Knowledge Communicator (SKC) and Smart Guardian to protect user data. SKC is activated after registration and verification, enabling users to track transactions and manage data securely. Meanwhile, the Smart Guardian (SG) service ensures secure registration of IoT devices, reinforcing its commitment to data protection.
Jasmy’s recent performance metrics reflect its growing prominence, with a gain of 18.07% in the past 24 hours. Moreover, over the past year, this top gainer’s price has risen an impressive 360%, surpassing the 90% of the top 100 crypto assets. Not only that, it is trading well above its 200-day simple moving average and has high liquidity. It continues to gain bullish investor sentiment due to its innovative approach to data management.
2. Axelar (AXL)
Axelar leads Web3 innovation, providing secure cross-chain communication for decentralized applications (dApps). It leverages decentralized networks and a powerful protocol suite to facilitate seamless interoperability. The native token AXL supports the network and supports cross-chain transfers of important cryptocurrencies.
The project is unique in its dynamic validator setup, which ensures secure communication through proof-of-stake. In addition, Axelar's protocols, APIs, and tools enable developers to easily build cross-chain solutions. Backed by industry giants such as Binance and Coinbase Ventures, this top winner has shown significant growth.
AXL maintains a good performance trajectory, trading at $2.49 with a gain of 21.55% in the past 24 hours. In the past year, its growth rate reached 242%, surpassing Bitcoin and Ethereum. Currently trading 412.00% above its 200-day simple moving average, Axelar shows a neutral attitude with a 14-day RSI of 54.13, which may indicate the possibility of sideways movement.
The past 30 trading days have been mostly positive, with 20 green trading days indicating investor confidence and market stability. Additionally, Axelar has high liquidity, with a volume-to-market cap ratio of 0.3035, indicating ample trading activity.
3.
Frog Wif Hat (FWIF)
In February 2024, Frog Wif Hat entered the cryptocurrency world with a tribute to the beloved internet frog meme. The total supply of these tokens is 1 trillion. Half of them were quickly taken and destroyed at launch. This created a unique mechanism that constantly reduced the supply, creating a sense of exclusivity around the token.
It introduces the Frog Draw, an exciting feature that adds an element of chance and excitement to the community. Every week, one lucky FWIF holder leaps out as a reward to receive 1% of their charity wallet balance, provided they own at least 10 billion FWIF tokens.
The roadmap is both ambitious and strategic. Phase 2 aims to integrate with the Solana blockchain, leveraging the wider community of memecoin enthusiasts. Plans to list on exchanges such as Gate.io or KuCoin demonstrate a commitment to improving accessibility and liquidity. Additionally, Phase 3 will see FWIF branching out into the world of NFT art, leveraging the potential of this thriving market.
It is valued at $0.003684 and has a trading volume of $1098.59K in the past 24 hours, an increase of 17.5%. With its unique characteristics and strategic roadmap, FWIF has emerged as a promising player in the competitive memecoin space, capturing the imagination of investors and enthusiasts.
4.
Fantom (FTM)
Fantom is a decentralized smart contract platform that prioritizes transaction speed and cost-effectiveness. Built on its proprietary consensus algorithm, Fantom aims to simplify cross-chain communication with transaction speeds under two seconds. It focuses on scalability and security. As a result, Fantom's architecture integrates its Lachesis protocol and Opera mainnet to enable seamless decentralized application deployment.
The project stands out for its unique consensus mechanism, Lachesis, which promises increased capacity and fast transaction finality. Its native token FTM supports transactions, staking, and governance of the ecosystem. In addition, its on-chain governance system enables users to vote on proposals using FTM tokens, ensuring community participation and decentralization.
In the past 24 hours, FTM has gained 26.08%, reflecting bullish investor sentiment. Despite gaining 64% in the past year, Fantom has underperformed the top 100 crypto assets which have gained 44%. Furthermore, despite trading above its 200-day simple moving average at 88.51%, Fantom’s RSI is 82.68, which may indicate overbought conditions, indicating a possible correction. However, with high liquidity and low volatility, Fantom remains a compelling player in the blockchain space.
5.
Flow (FLOW)
Developed by Dapper Labs, Flow is a blockchain that supports games, applications, and digital assets. Unlike traditional blockchains, Flow prioritizes decentralization, speed, and developer-friendliness, ensuring that users retain control of their data. Its unique architecture divides nodes into four different groups, each of which is dedicated to a specific part of the verification process, thereby improving efficiency.
It runs through Collection nodes, Consensus nodes, Execution nodes, and Verification nodes, each of which plays a key role in the verification process. Collection nodes ensure network connectivity and data availability. Consensus nodes manage transaction requests and execution order. Execution nodes handle the mathematical calculations of transactions. Verification nodes ensure the accuracy of these calculations.
The project's architecture is a standout feature, where tasks that are usually performed by a single node on other blockchains are distributed to multiple nodes on Flow to improve efficiency and security. Flow challenges traditional cryptocurrency operations, providing upgradeable smart contracts and readable security.
Performance indicators show Flow's resilience and investor confidence. With a gain of 6.88% in the past 24 hours, Flow has captured 0.08% of the market share. Although it has gained 18% in the past year, surpassing the 20% of the top 100 crypto assets, it still lags behind Bitcoin and Ethereum. Moreover, trading 92.32% above its 200-day simple moving average, Flow shows neutral sentiment with a 14-day RSI of 52.99. With 73% being positive trading days in the past 30 trading days, Flow maintains high liquidity with a volume-to-market cap ratio of 0.1080.
With the above details, our top winners stand out through innovation, projects and price changes. Now, let’s focus on the hot news in the market.
Dogecoin (DOGE) gained 77% this week, driven by positive crypto sentiment. Large investors accumulated Dogecoin, driving the price higher.
Read more
Biggest Cryptocurrency Gainers
New Cryptocurrency Mining Platform – Bitcoin Mine Trax
Rating
(picture)
Reviewed by Coinsult
Decentralized and secure cloud mining
Earn Free Bitcoin Daily
Native Token Presale Now Available – BTCMTX
Staking Rewards - Annualized rate of return exceeding 50%
(picture)
learn more
Join our Telegram channel to get the latest news