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Top Crypto Gainers Today Dec 14- Fantom, Algorand, DeXe, Cosmos

Top Crypto Gainers Today Dec 14- Fantom, Algorand, DeXe, Cosmos

InsidebitcoinInsidebitcoin2024/12/15 03:55
By:Insidebitcoin

The crypto market never sleeps, and today, some major players are catching everyone’s attention: Fantom, Algorand, DeXe, and Cosmos. These coins have emerged as top gainers, showing strong price movements and renewed investor interest. Let’s explore what’s driving their growth and why they deserve your attention today.

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Biggest Crypto Gainers Today- Top List

Fantom is making waves as a high-performance blockchain, Algorand is focused on scalability and enterprise solutions, and DeXe is a unique social trading platform reshaping how traders and investors collaborate. At the same time, Cosmos is known as the “Internet of Blockchains” and continues to expand its ecosystem. These coins aren’t seeing short-term spikes; they represent the top crypto gainers today for their long-term potential.

1. Fantom (FTM)

First in line is Fantom which is now known as Sonic labs, a high-performance, scalable, and secure smart contract platform designed for decentralised applications (dApps) and digital assets. It leverages a unique consensus mechanism called Lachesis, which operates on a Directed Acyclic Graph (DAG) architecture, allowing for near-instant transaction finality and low fees. It is tailored to address the limitations of traditional blockchain systems, such as slow transaction speeds and high costs, making it a competitor to Ethereum and other Layer-1 platforms.

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The coin has seen sustained adoption in the DeFi and NFT sectors, hosting over 200 projects, including popular dApps like SpookySwap and Geist Finance. Its TVL in DeFi is over $1 billion, ranking it among the top Layer-1 networks. Despite recent market downturns, FTM’s consistent ecosystem growth highlights its resilience. FTM focuses on energy efficiency and offers an eco-friendly alternative to energy-intensive platforms.

FTM’s price of $1.27 reflects a competitive position in the market, particularly given its robust infrastructure. Its relatively high trading volume indicates strong interest and liquidity in the market, potentially bolstering future price stability. The coin’s price has increased by 198% in the last 1 year and outperformed 79% of the top 100 crypto assets, including Bitcoin and Ethereum.

Its community recently voted to introduce a new gas monetisation model, incentivising developers. It has integrated with prominent cross-chain bridges, enhancing interoperability with Ethereum and other networks. FTM’s recent ecosystem growth, partnerships, and ongoing innovations suggest a promising long-term adoption and value appreciation trajectory.

2. Algorand (ALGO)

Algorand addresses the blockchain trilemma of scalability, security, and decentralisation. Founded by the renowned cryptographer Silvio Micali in 2019, ALGO employs a PoS mechanism, enabling fast and secure transactions with minimal environmental impact. With its focus on sustainable blockchain solutions, ALGO is often called the “Green Blockchain”.

It continues to see steady adoption in various sectors, including DeFi, supply chain, and digital identity. Its focus on sustainability and interoperability has made it a go-to platform for environmentally conscious developers and enterprises. While its price has significantly declined from its all-time high, ALGO remains a top choice for enterprise blockchain solutions.

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ALGO’s low price of $0.425 presents a potential opportunity for investors seeking long-term gains, especially considering its robust technology and increasing adoption. It’s currently trading above the 200-day simple moving average, with 19 green days in the last 30 days. The market cap indicates a mid-tier project with room for growth, while its trading volume reflects active interest in the token.

The coin introduced its commitment to funding projects that combat climate change, reinforcing its sustainability ethos. It is currently collaborating with multiple governments to explore CBDC implementations. ALGO also partnered with T-Hub, India’s largest innovation hub, to accelerate regional blockchain adoption. Its blend of speed, security, and eco-consciousness positions it as a unique player in the blockchain space.

3. Wall Street Pepe (WEPE)

The crypto market is no stranger to hype, but every now and then, a project comes along that captures attention in a big way. Wall Street Pepe is a meme coin with a twist of market-savvy humour and big aspirations. Inspired by Pepe the Frog and fueled by the energy of retail traders who disrupted Wall Street, this token is creating ripples in the presale world. But what’s behind the hype, and why should you jump in?

The ongoing presale offers investors an opportunity to enter at ground level before WEPE lists on major exchanges. Historically, successful presales have yielded significant returns, and the coin has already attracted attention for its fun, investor-friendly approach. Post-launch, WEPE is expected to list at a slightly higher price, creating potential gains for presale investors.

Once the presale concludes, WEPE plans to debut on major centralised and decentralised exchanges, increasing liquidity and visibility. Unlike many meme coins, WEPE aims to introduce staking, governance, and even potential collaborations in decentralised finance (DeFi). It incorporates deflationary mechanisms, meaning the supply decreases over time, potentially driving up the token’s value as demand grows.

For investors looking to combine the viral nature of meme coins with strategic potential, WEPE could be an exciting opportunity. Its presale offers early entry, and its roadmap signals ambitions beyond just being a meme. Don’t miss the chance to be part of a project that blends fun, finance, and community-driven growth.

Visit Wall Street Pepe Presale !

4. DeXe (DEXE)

We’re moving on with DeXe, the native token of the DeXe network, a decentralised social trading platform designed to simplify and enhance cryptocurrency investment strategies. It enables traders to create and share portfolios, allowing less experienced investors to follow and replicate the strategy of top-performing traders. Its primary focus is decentralised asset management and social trading, which empowers users to participate in the crypto market without requiring in-depth technical expertise.

It has carved a unique niche in the DeFi space by combining social trading with decentralised portfolio management. DEXE’s innovative approach has attracted a loyal community and partnerships with prominent blockchain ecosystems. While its market cap positions it as a mid-tier project, the platform’s ongoing enhancements and increasing adoption indicate a promising future.

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DEXE’s current price of $9.91 and market cap reflect its niche focus within the decentralised finance (DeFi) ecosystem. Its price has increased by 137% and has outperformed 67% of the top crypto assets in just 1 year. DEXE has experienced 18 green days in the last 30 days and has been trading above the 200-day simple moving average. The coin’s modest market cap indicates room for significant growth, especially as the social trading sector gains traction.

The coin announced its expansion to additional blockchain networks to enhance accessibility and reduce transaction costs. Its platform launched an updated interface, making navigating and managing portfolios easier for users. DEXE is a trailblazer in the DeFi space, addressing the challenges of crypto investment with its decentralised social trading platform.

5. Cosmos (ATOM)

Closing off for the day is Cosmos, a decentralised blockchain ecosystem focused on solving one of the biggest challenges in the blockchain space: interoperability. It uses the Tendermint Byzantine Fault Tolerance Fault Tolerance (BFT) consensus mechanism, which ensures fast, secure, and scalable operations. ATOM is often referred to as the “Internet of Blockchains” because of its ability to enable communication between otherwise siloed blockchains.

It has grown into one of the most significant interoperability platforms, hosting over 50 interconnected blockchains, including major projects like Binance Chain, Terra, and Osmosis. The network secures billions in assets, with its IBC protocol processing millions of transactions monthly. Although its price has fluctuated due to market conditions, ATOM’s ecosystem continues to expand, underscoring its resilience and utility.

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ATOM’s market cap indicates its position as a major player in the blockchain ecosystem. It’s currently priced at $9.09 per token, with 18 green days in the last 30 days. It’s currently ranked #9 in the Proof-of-Stake coins and #26 in the Layer 1 sector. The coin’s relatively high trading volume highlights its ongoing interest and liquidity, which are crucial for long-term growth.

The coin announced upgrades to its IBC protocol, improving speed and compatibility with additional blockchains. Its liquid staking has been introduced, which allows stakers to maintain liquidity while earning staking rewards. ATOM is a cornerstone of the blockchain industry, solving critical challenges like interoperability and scalability.

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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.

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