Blockchain

Top Crypto Gainers Today Mar 10 – SingularityNET, Ronin, Axie Infinity, Mina Protocol

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Four remarkable top gainers are at the forefront of today’s discussion: SingularityNET, Ronin, Axie Infinity, and Mina Protocol. In SingularityNET, the groundbreaking integration of Knowledge Graphs and Neural-Symbolic tools propels it as the Knowledge Layer of the Internet, pioneering the path toward Artificial General Intelligence (AGI).

Ronin’s dedication to gaming innovation and seamless in-game interactions make it the premier choice for Web3 gamers worldwide. Axie Infinity’s immersive gameplay and player-driven economy redefine the gaming landscape, empowering users to earn profits regardless of age or location. Meanwhile, with its constant size and efficient distributed payment system, Mina Protocol’s minimalist approach to blockchain sets the stage for a revolution in decentralized applications.

Biggest Crypto Gainers Today – Top List

With the total trading volume of the cryptocurrency market reaching $ 363.32B in the last 24 hours, the market sentiment remains notably bullish. Amidst this backdrop, 38% of cryptocurrencies have gained value, while 62% have experienced losses. In the pool of winners, Axie Infinity takes the lead among the top gainers discussed in this article, boasting a remarkable surge of 20.49%. Following closely behind, Ronin experienced a substantial increase of 19.06%, reflecting growing interest in its gaming-focused blockchain. Meanwhile, Mina Protocol maintained its upward trend with an 8.85% rise despite its higher valuation compared to SingularityNET, which saw a modest surge of 5.07%.

1. SingularityNET (AGIX)

SingularityNET is a blockchain-powered platform facilitating the creation, sharing, and monetization of AI services globally. Users access diverse AI services via the SingularityNET marketplace, utilizing the native utility token AGIX. Developers leverage this marketplace to publish and sell their AI tools while tracking their performance effortlessly.

It stands at the forefront of AI evolution, integrating Knowledge Graphs (KGs) and Neural-Symbolic tools to overcome limitations and foster the development of next-generation AI systems. Positioned as the Knowledge Layer of the Internet, SingularityNET pioneers advancements in the AI landscape, laying the groundwork for Artificial General Intelligence (AGI).

Uniquely, it empowers developers to sell their AI tools while enabling buyers to test services before purchase. The Request for AI portal (RFAI) connects customers with AI specialists, facilitating the commissioning of new AI tools and rewarding developers with AGIX tokens.

Currently priced at $1.347036, with a surge of 5.07% in the last 24 hours, the growth extends to a more extensive timeframe, as seen in the 311% price increase last year. Trading 465.60% above the 200-day SMA at $0.240109, SingularityNET maintains neutrality with an RSI of 42.80. With 67% green days in the last 30 days and a 30-day volatility of 43%, SingularityNET boasts high liquidity, evidenced by a volume-to-market cap ratio of 0.5162, sustaining its momentum in the market.

2. Ronin (RON)

Ronin emerges as a dedicated EVM blockchain tailored for gaming, pioneered by Sky Mavis, the visionary mind behind the Web3 sensation Axie Infinity. Facilitating over $4B in NFT volumes, it prioritizes near-instant transactions and minimal fees. It is ideal for seamless in-game interactions, solidifying its status as the premier choice for Web3 gaming.

In 2021, Ronin processed 15% of all NFT trading volume, serving as the home for Axie Infinity assets and ranking second to Ethereum in NFT sales by volume. Renowned for its scalability, Ronin optimizes gaming experiences by curating high-quality apps, ensuring minimal spam, and guaranteeing high uptime.

RON Price Chart

It offers a sustainable, environmentally friendly alternative to mainstream chains. With a surge of 19.06% in the last 24 hours, RON’s price escalation of 507% over the past year reflects its robust performance, outperforming 85% of the top 100 crypto assets and surpassing Bitcoin and Ethereum by significant margins.

Trading 413.68% above the 200-day SMA at $0.773416, Ronin currently registers as overbought with an RSI of 71.32. Despite this, its 30-day volatility remains low at 7%, with high liquidity evidenced by a volume-to-market cap ratio of 0.0687. Ronin is a beacon of innovation in the gaming blockchain sphere, poised for continued growth and impact.

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix introduces a groundbreaking approach to Bitcoin mining, offering a decentralized cloud mining platform accessible to all. Staking BTCMTX tokens enables users to navigate past the complexities of traditional mining, ensuring transparency and security throughout their Bitcoin journey.

The Stake-to-Mine concept lies at the core of Bitcoin Minetrix, allowing users to earn significant returns, boasting up to 58% APY. With an Ethereum-compatible wallet, individuals can seamlessly embark on this mining adventure, making Bitcoin accessible to a broader audience.

Cloud mining in Bitcoin Minetrix is a beacon of simplicity and efficiency, offering an accessible route to obtaining BTC without hardware complexities. Individuals avoid high electricity costs and investments, unlocking cost-efficient mining opportunities. It eliminates space and noise disruptions associated with traditional rigs, providing a seamless mining experience.

Bitcoin Minetrix commits to transparency and community involvement, allocating resources accordingly. 42.5% of tokens fund mining operations, 35% fuel marketing and BTCMTX growth, with 12.5% dedicated to staking rewards. Additionally, 10% is allocated to community rewards, fostering active participation. Stakeholders are vital in shaping cryptocurrency’s future through Bitcoin Minetrix and its tokens.

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4. Axie Infinity (AXS)

Axie Infinity is a blockchain-based game reminiscent of popular titles like Pokémon and Tamagotchi. Players collect, breed, raise, battle, and trade token-based creatures called Axies. With over 500 body parts available, including aquatic, beast, bird, bug, plant, and reptile parts, each Axie is unique.

These non-fungible tokens (NFTs) participate in 3v3 battles, earning experience points to level up or evolve. Additionally, Axies can be bred to produce new offspring for use or sale on the Axie marketplace. The game’s ecosystem includes Axie Infinity Shards (AXS), a governance token enabling participation in crucial decisions.

AXS Price Chart

Axie Infinity’s innovation lies in its accessibility, empowering players worldwide to earn profits regardless of age or location. The personal connection formed between players and their Axies enhances the game’s appeal.

Axie Infinity’s price currently stands at $13.06, marking a 20.49% surge in the last 24 hours. With a market dominance of 0.04%, investor sentiment remains bullish. However, the cryptocurrency trades 111.14% above the 200-day SMA at $6.20. The 14-day RSI indicates neutrality, while 73% of the last 30 trading days saw positive movement. Despite this, the cryptocurrency’s 30-day volatility is modest at 13%. With a volume-to-market cap ratio of 0.7452, Axie Infinity boasts high liquidity, with a market cap of $1.09 billion and a 24-hour volume of $809.76 million.

5. Mina Protocol (MINA)

Mina Protocol is a minimalist “succinct blockchain” built to streamline computational demands for efficient DApp operations. It maintains a constant size, ensuring balanced security and decentralization. Known initially as Coda Protocol, the project rebranded to Mina in October 2020, boasting a mere 22 KB network size compared to Bitcoin’s 300 GB behemoth.

Mina’s primary objective is establishing an efficient distributed payment system, empowering users to verify the platform from its genesis block natively. Leveraging Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs), Mina enables authentication without revealing sensitive information. It incrementally computes SNARKs, focusing solely on recent blocks, enhancing scalability for large networks.

MINA Price Chart

At its core, the Mina Protocol operates with MINA, its native currency, serving as a utility coin and a medium of exchange. Functionally akin to Bitcoin but with Ethereum’s account model, Mina employs provers (or “snarkers”) to ensure each block commits to the state, facilitated by the Ouroboros Samasika, a specialized PoS mechanism.

Performance-wise, Mina Protocol demonstrates resilience and growth, with a 121% price increase over the past year and 8.85% in the last 24 hours. Mina maintains neutrality by trading 154.72% above the 200-day SMA at $0.568209, indicated by a 14-day RSI of 46.98. Despite 43% green days in the last 30 trading days and a low 30-day volatility of 4%, Mina exhibits high liquidity with a volume-to-market cap ratio of 0.1414, showcasing its stability and potential for sustained development.

Amidst global market trends, a remarkable surge is witnessed in safe-haven assets, exemplified by gold’s unprecedented climb, juxtaposed with the impressive rise of riskier investments like Bitcoin and major U.S. stock indexes. Gold futures settle at $2,185.50 an ounce, Bitcoin surpasses $70,000, and the S&P 500 index closes at 5,157.36, reflecting growing investor confidence amidst expectations of Fed interest rate cuts.

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