Blockchain

Top Crypto Gainers Today Feb 17 – Polygon, Celestia, Gnosis, eTukTuk

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Get ready to meet with today’s top crypto gainers: Polygon (MATIC), Celestia (TIA), and  Gnosis (GNO). Each coin brings its flavor to the table. With Polygon showcasing a 2.34% surge and a Greed/Fear Index 76, Celestia soared with an impressive 50% weekly gain. Gnosis is marking a 0.76% increase and a market cap exceeding $736 million. Also, eTukTuk is raising a whopping $1M in presale. There’s no shortage of excitement in the crypto sphere today.

Prepare to be captivated by the stories behind these crypto stars as we proceed. Each coin offers a unique narrative, from Polygon’s innovative solutions for scaling Ethereum to Celestia’s groundbreaking blockchain architecture approach and Gnosis’s pivotal role in the Ethereum ecosystem to eTukTuk’s mission to combat climate change. It is filled with promise and potential. 

Biggest Crypto Gainers Today – Top List

In today’s market, 15% of digital assets are making strides. All eyes are on Bitget Token, soaring high with an impressive 22.04% surge in just 24 hours. However, it’s not all gains, as VeThor Token takes a tumble with a notable loss of 17.43%. Dogwifhat steals the spotlight with an astounding 7,754.02% gain over the past year. Nervos Network emerges as the 2024 champion, boasting a remarkable 187.32% surge since January. Unfortunately, Orbler finds itself at the bottom of the pack. It suffered an alarming -89.72% loss in the past year. Tellor struggles, shedding -54.21% of its value since the year began.

1. Polygon (MATIC) 

Polygon (MATIC) shines today, with a 2.34% surge, reflecting bullish investor sentiment and a Greed/Fear Index of 76. Currently ranked #7 in Proof-of-Stake Coins, #4 in Ethereum Tokens, and #1 in Layer 2, it shows possibilities of a more fantastic future.

With a market cap of $7.52B and trading volume of $1.33B, Polygon’s technical analysis shows it’s trading 19.60% above the 200-day SMA. Despite a recent dip, its recovery after transferring 9 million tokens to BNB indicates intense buying pressure and positive growth sentiment.

Its unique Plasma framework, supported by proof-of-stake checkpoints on the Ethereum main chain, enables up to 65,536 transactions per block. The project’s focus on scalability and instant transactions sets it apart in crypto. With more than 50 DApps already on its PoS-secured Ethereum sidechain, developers and users alike have been attracted to it.

Investors eyeing long-term prospects in the crypto space should consider Polygon’s innovative approach. They are focusing on scaling and infrastructure development. As the project continues to evolve and expand its ecosystem, Polygon remains a top contender in the crypto market.

2. Celestia (TIA)

Celestia introduces a revolutionary approach to blockchain architecture. It empowers users to deploy customized blockchains effortlessly. By decoupling execution from consensus, TIA offers unparalleled scalability and flexibility to developers. The modular framework fosters experimentation, allowing for the creation of application-specific or general-purpose blockchains.

Recent market activity has propelled Celestia into the top crypto gainer, with a remarkable 50% surge in just a week. Trading at around $18 in mid-January 2024, it demonstrates impressive gains of 23% weekly and 45% monthly. Since its inception, Celestia has experienced an astounding 788% growth, reaching a new high of over $20.

TIA Price Chart

Despite undergoing a price correction, industry experts and enthusiasts remain bullish on TIA outlook. With solid fundamentals and growing investor interest, hopes are high that it could surpass the $50 mark in 2024. However, investors must approach with caution due to the inherent volatility of the crypto market.

Performance metrics reflect Celestia’s positive trajectory, with a 2.50% increase in the last 24 hours. Its market capitalization stands at $3.10B, indicating significant investor confidence. TIA garners interest as a promising asset in crypto, buoyed by bullish sentiment and a Greed/Fear Index of 76.

3. Gnosis (GNO)

Gnosis is a decentralized infrastructure pillar within the Ethereum ecosystem. In 2015, it initially focused on prediction markets to democratize access to accurate information. The evolution of Gnosis Safe and other products stemmed from the need to support these markets adequately.

It has been spearheading infrastructure for diverse, decentralized applications (dApps). GNO integration with xDAI recently birthed the Gnosis Chain, addressing scalability concerns through robust engineering.

GNO Price Chart (1)

Unique to Gnosis is its incubation of various projects, including Gnosis Safe, Cow Protocol, and Conditional Tokens. These endeavors reflect the commitment to tailored development backed by technical prowess.

GNO has emerged as one of the top crypto gainers in today’s market. The reason is evident in its 0.76% increase in the last 24 hours. With a market capitalization exceeding $736 million, it ranks prominently in the DeFi and Ethereum sectors. Its robust performance, outperforming 81% of top crypto assets, says a lot about its resilience.

The technical analysis reveals Gnosis trading significantly above the 200-day SMA, indicative of bullish momentum. With 20 green days in the past month, investor confidence remains high. GNO’s innovative approach and solid market position make it a compelling asset in the evolving crypto landscape.

4. eTukTuk (TUK)

eTukTuk isn’t just about introducing the new $TUK cryptocurrency; it’s a comprehensive solution to combat climate change. The project targets reducing carbon emissions and fostering financial inclusion, particularly in developing countries. Its primary offering is innovative electric vehicle charging equipment (EVSE). It’s tailored for congested cities and suburban areas in developing regions.

In addition to its DePIN EVSE infrastructure, eTukTuk presents its proprietary EV tuk tuk model, designed to be affordable and efficient. This facilitates a seamless transition for drivers from traditional vehicles to eco-friendlier options. Tuk aims to address the emissions of over 270 million traditional combustion engine tuk tuks worldwide. However, this requires cost-effective vehicles and suitable infrastructure. 

The project has achieved significant presale success, raising $1M in Stage 11 as green-minded investors pour in. This substantial amount is a vote of confidence from crypto investors, bringing the eTukTuk presale closer to the next stage. Just $160k more is needed to reach its target. 

Savvy money investors are seizing the opportunity. Each new stage of the eTukTuk presale brings an incremental 3% price increase, ensuring pre-listing gains of up to 31% for early backers across the presale.

Visit eTukTuk Presale

Let us take a look at the current happenings in the crypto space. Bitcoin pundits warn of a supply shortage, but liquidity is increasing, fueling market volatility. Despite pent-up demand, data suggests ample tokens are available, impacting market dynamics significantly.

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