Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin

Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin

InsidebitcoinInsidebitcoin2024/10/05 17:43
By:Insidebitcoin

Have you ever wondered which cryptocurrencies might be the next top gainers in the market? Look no further! Today, we’re spotlighting Tectum, EthereumPow, SKALE, and Siacoin—four tokens that are not only making headlines but also reshaping the crypto space. With impressive price surges and innovative technologies, these tokens are capturing the attention of savvy investors. 

Biggest Crypto Gainers Today – Top List

As the crypto market evolves rapidly, understanding the strengths and potential of today’s rising stars is crucial. What’s driving their gains? How are they positioned for long-term success? In this article, we’ll explore each token’s unique features and recent price movements. Moreover, we’ll discuss their growth prospects, revealing why they’re worth your investment consideration. Get ready to dig into today’s top crypto gainers—you won’t want to miss what these tokens have to offer!

1. Tectum (TET)

Today, Tectum is gaining serious momentum in the crypto world. At a current price of $12.60, its value surged by 16.47% in the last 24 hours. Clearly, something big is happening here.

To begin with, one of the most exciting developments is the release of Tectum’s SoftNote Wallet App on iOS. Previously only accessible through a web interface, users can now enjoy instant, zero-fee crypto transactions directly from their mobile devices. This, of course, is a huge step toward broader adoption. While the app is already available in major markets like the USA, Russia, India, Turkey, and Brazil, it doesn’t stop there. Android users can expect their version soon, widening access even further.

Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 0 Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 1

Moreover, Tectum’s blockchain is setting records for speed. In fact, it’s the fastest network globally, processing 3.5 million transactions per second. Comparatively, Bitcoin only handles 4.6 to 7 transactions per second. This is possible thanks to Tectum’s unique Proof-of-Utility consensus and network protocol, which optimizes data distribution.

In the short term, the token’s performance also looks stable. The 14-day Relative Strength Index (RSI) is at 57.96, indicating a neutral market. Furthermore, TET had 14 positive days in the last 30, which accounts for 47%. Even more importantly, its 30-day volatility is low, sitting at just 17%.

Looking at the long term, the numbers get even more impressive. Over the past year, TET’s price has risen by 192%, outpacing 77% of the top 100 crypto assets. With its groundbreaking technology and rapid adoption, Tectum is definitely one to watch.

2. EthereumPow (ETHW)

Building on the momentum of Tectum, EthereumPoW is also seeing significant gains. The price of ETHW surged by 10.75% over the last 24 hours, reaching $3.27 today. As a result, this sharp rise puts ETHW squarely on the radar of traders and investors alike.

EthereumPoW emerged as a hard fork of Ethereum during the Ethereum Merge. While Ethereum transitioned to proof-of-stake, ETHW retained the original proof-of-work consensus. This fork allows developers to build on either chain or duplicate DApps and liquidity from Ethereum to EthereumPoW. Essentially, it creates a parallel Ethereum network for those who prefer the proof-of-work model.

Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 2 Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 3

Additionally, when it comes to security, ETHW sticks to Ethereum’s tried-and-true proof-of-work mechanism. This offers both familiarity and reliability for miners and developers who supported Ethereum before the Merge.

In terms of short-term performance, ETHW shows strength. It posted 18 positive trading days out of the last 30, representing 60% of the time. Moreover, its 14-day RSI sits at 49.99, indicating a neutral trend.

However, the token benefits from high liquidity, with a volume-to-market cap ratio of 0.3255, signaling robust interest from traders. Notably, its 30-day volatility remains low at 30%, pointing to relative stability.

Over the long term, ETHW has been equally impressive. It is trading 46.22% above its 200-day SMA, indicating strong upward momentum. On top of that, its price has risen by 147% in the past year, besting 70% of the top 100 crypto assets. Clearly, ETHW is proving its resilience in this dynamic crypto market.

3. Pepe Unchained (PEPU)

Pepe Unchained is on a mission, with its presale surpassing an impressive $17.5 million, highlighting unprecedented demand. Investors are clearly excited about this project, as it rapidly breaks through milestone after milestone.

The momentum is clear. Recent whale purchases indicate strong confidence in $PEPU. One Whale recently acquired 5 million tokens for about $50,000, emphasizing that significant players are backing this project even amidst market volatility. This kind of support is a crucial signal for potential investors.

Moreover, the upcoming Ethereum Layer 2 launch adds to the excitement. This innovative development promises faster transactions and lower fees, enhancing the overall Pepe Unchained ecosystem. With a developer grant application underway, investors can anticipate the emergence of groundbreaking dApps within this dynamic environment.

Despite Bitcoin’s recent plunge, Pepe Unchained remains resilient. While other meme coins have struggled, $PEPU continues to attract investors, proving its worth in a challenging market. As the presale pushes toward its next milestone of $18 million, the urgency to join is palpable.

This presale is unlike any other. Major influencers are already recognizing its potential. Don’t miss out on what could be the best investment of your life. Visit the official website, connect your wallet, and grab your $PEPU now.

Visit Pepe Unchained Presale

4. SKALE (SKL)

Following EthereumPoW, SKALE emerges as the third top gainer, with a 6.84% price surge in the last 24 hours. Currently priced at $0.037124, SKALE’s rise reflects its role as a crucial player in scaling Ethereum. This modular blockchain network offers something rare — zero gas fees for users, making it especially appealing in high-demand environments.

Moreover, SKALE enables developers to run DApps on its decentralized, modular cloud. This flexibility ensures security while enabling Solidity smart contracts to run faster and cheaper than Ethereum’s mainnet. Games and content services already use SKALE, proving its real-world utility.

Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 4 Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 5

SKALE also addresses Ethereum’s scalability challenges head-on. With zero gas fees and virtually unlimited capacity, it scales as new nodes join the network. This allows SKALE to process up to 2,000 transactions per second per chain, offering Ethereum a faster, more efficient solution. Importantly, this architecture helps combat soaring gas fees, a persistent problem for many blockchain projects.

For short-term performance, SKALE has high liquidity with a volume-to-market cap ratio of 0.1832. Its 14-day RSI sits at 73.58, indicating it may soon experience a pullback. Despite this, the network recorded 50% green days in the last 30 days, and volatility remains low at 11%.

Long-term, SKALE is trading 52.53% below its 200-day SMA but has shown resilience with a 75% price increase over the past year. Impressively, it outperformed 55% of the top 100 crypto assets, solidifying its position as a top contender in the market.

5. Siacoin (SC)

Siacoin, the final token in this set, has been turning heads, showing a notable 6.45% price increase in the past 24 hours. Currently priced at $0.004756, it’s moving upwards, and for good reason. This surge is another sign of SC’s resilience, as it proves its potential despite market fluctuations.

Moreover, Siacoin powers Sia, a decentralized cloud storage platform, extending its utility beyond price movements. Users can lease unused storage space through a secure marketplace, making it both functional and innovative. Additionally, agreements are enforced via smart contracts, with SC as the payment method.

In fact, Sia’s network is designed with security in mind. Files are divided into 30 encrypted segments, which are distributed across unique hosts. Furthermore, renters use SC to pay hosts, who in turn lock their tokens in smart contracts as collateral. This ensures stability within the network.

Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 6 Top Crypto Gainers Today Oct 05 – Tectum, EthereumPow, SKALE, Siacoin image 7

As for its short-term outlook, SC displays strong liquidity with a volume-to-market cap ratio of 0.0408. Meanwhile, its 14-day RSI of 43.26 indicates neutral trading, suggesting potential sideways movement. Even more, SC has recorded 17 green days in the past 30, representing 57%, and its volatility remains impressively low at just 7%.

Looking ahead, SC’s long-term performance offers a mixed picture. It’s currently trading 38.05% below its 200-day SMA of $0.007676. Yet, it has seen a 58% price increase over the past year, outperforming 51% of the top 100 crypto assets. All in all, Siacoin’s balance of short-term stability and long-term growth makes it a project worth watching.

Read More

  • Biggest Crypto Gainers
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like