IPVERSE

Celsius

Time

Tellor

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>The top five gainers of the previous week are IPV, TRUMP, TRB, UMA, and CEL.</li> 
 <li>The tokens saw significant gains over the past seven days of over 105%, 62%, 47%, 50%, and 30%, respectively.</li> 
</ul> 
<p>Bitcoin’s price seems to have recovered after the past days’ losses, and BTC is currently trading above $63k. Although the coin is down by over 3% in the past seven days, BTC managed to regain more than 3% in the past 24 hours on <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="nofollow noopener" target="_blank">CoinMarketCap</a>.</p> 
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<p>The market experienced volatility during the past week, but there are some tokens that managed to see significant gains.</p> 
<h2 id="top-5-gainers-of-the-past-week">Top 5 gainers of the past week</h2> 
<h3 id="ipverse-ipv">IPVERSE (IPV)</h3> 
<p>IPV token recorded a surge in price of over 105% in the past seven days. Now, IPV is trading above $3, and the token has a market cap of over $470 million on CoinMarketCap.</p> 
<figure id="attachment_42042" aria-describedby="caption-attachment-42042" style="width: 100%" class="wp-caption alignnone">
 <a href="https://coinmarketcap.com/currencies/ipverse-eth/#Chart" rel="nofollow noopener" target="_blank"><img loading="lazy" decoding="async" class="wp-image-42042 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/05/IPV_7D_graph_coinmarketcap.jpg" alt="IPV" width="905" height="495" title="Top 5 Gainers Of The Past Week: IPV, TRUMP, TRB, UMA, CEL 5" srcset="https://crypto.ro/en/wp-content/uploads/2024/05/IPV_7D_graph_coinmarketcap.jpg 905w, https://crypto.ro/en/wp-content/uploads/2024/05/IPV_7D_graph_coinmarketcap-300x164.jpg 300w, https://crypto.ro/en/wp-content/uploads/2024/05/IPV_7D_graph_coinmarketcap-768x420.jpg 768w, https://crypto.ro/en/wp-content/uploads/2024/05/IPV_7D_graph_coinmarketcap-750x410.jpg 750w" sizes="(max-width: 905px) 100vw, 905px"></a>
 <figcaption id="caption-attachment-42042" class="wp-caption-text">
  IPV
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<p>The IPVERSE ecosystem aspires to contain every IP in every field, according to the team behind the project.</p> 
<p>They are developing a blockchain-based IP comprehensive data service platform that offers and protects creation, information, and personalized data under the mission of “creating a world where everyone can easily trade IPs in various fields such as art, culture, and technology.”</p> 
<p>At the base, IPVERSE creates an ecosystem where creator-centered data is collected, managed, and used.</p> 
<p>Problems with fees and participation methods experienced in IP transactions will be resolved via IPVERSE and will ensure that creators and users alike have the right to enjoy content safely.</p> 
<h3 id="maga-trump">MAGA (TRUMP)</h3> 
<p>The TRUMP token saw a significant price rise of over 60% in the past seven days. Now, the token is trading above $7, and it has a market cap of over $330 million.</p> 
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<p>The MAGA (TRUMP) token brings the MAGA movement on the blockchain and the token was named after the former US president <a href="https://crypto.ro/en/news/donald-trump-delivers-bullish-promise-to-accept-crypto-donations-for-presidential-campaign/">Donald Trump</a>.</p> 
<h3 id="tellor-trb">Tellor (TRB)</h3> 
<p>The Tellor (TRB) token saw a significant rise in the past seven days of over 47%. At the moment of writing this article, TRB is trading above $142, and the coin’s total market cap is about $365 million.</p> 
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<p>On May 8, the team at Tellor shared a thread on their X account, celebrating the first anniversary of the beginning of Tellor Layer project.</p> 
<p>They revealed the core that will redefine the protocol of the project – the Architectural Decision Records (ADRs).</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr">As we celebrate the first anniversary of beginning the Tellor Layer project, it's time to reveal the core that will redefine our protocol—the Architectural Decision Records (ADRs). A thread: <a href="https://t.co/Yh7exeGY6g" rel="nofollow" target="_blank">pic.twitter.com/Yh7exeGY6g</a></p> 
 <p>— Tellor (@WeAreTellor) <a href="https://twitter.com/WeAreTellor/status/1788226744761119119?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 8, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Also, on May 9, the team shared more Tellor fundamentals via X, noting that instead of being reliant on any specific API or source, Tellor offers a way to agree upon truth with a network of individual participants who are crypto-economically incentivized to report and validate accurate data.</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4da.png" alt="📚" class="wp-smiley" style="height: 1em; max-height: 1em;">more tellor fundamentals here:<a href="https://t.co/nNayjU9u1G" rel="nofollow" target="_blank">https://t.co/nNayjU9u1G</a> <a href="https://t.co/LbJJuszNDG" rel="nofollow" target="_blank">pic.twitter.com/LbJJuszNDG</a></p> 
 <p>— Tellor (@WeAreTellor) <a href="https://twitter.com/WeAreTellor/status/1788479016850386986?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 9, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Tellor is a decentralized oracle protocol. Oracles are an important part of blockchain infrastructure that update valuable off-chain data, and make it available for on-chain smart contracts.</p> 
<p>Tellor’s oracle supplies data that can be requested, validated, and put on-chain permissionlessly, with data reporters competing for incentives of TRB. Data reporters bring valuable info on-chain for DeFi applications.</p> 
<h3 id="uma-uma">UMA (UMA)</h3> 
<p>The<a href="https://crypto.ro/en/news/why-uma-surged-over-40-today/"> UMA</a> token also saw a significant rise in price over the past week of over 50%. Now, the token is trading above $4, and the total market cap is over $353 million.</p> 
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<p>On May 10, on their X account, the UMA team posted that over $13.5 million were liquidated across Aave and CompoundFinance over the past 30 days, and $36.5 million were liquidated on MorphoLabs vaults.</p> 
<p>They also noted that assuming a modest average discount rate of 5%, the protocols could have recaptured a combined total of up to $2.25 million in OEV revenue.</p> 
<p>They also noted that liquidations are inevitable but the OEV losses do not have to be. The team at UMA introduced Oval, which is able to capture up to 90% of the OEV the lending protocol generates.</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr">Liquidations are inevitable, but your OEV losses don’t have to be.</p> 
 <p>Start using Oval and capture up to 90% of the OEV your lending protocol generates: <a href="https://t.co/Wy4v2yA1Tj" rel="nofollow" target="_blank">https://t.co/Wy4v2yA1Tj</a></p> 
 <p>— UMA <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f95a.png" alt="🥚" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@UMAprotocol) <a href="https://twitter.com/UMAprotocol/status/1788953688230220133?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 10, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><a href="https://twitter.com/UMAprotocol" target="_blank" rel="nofollow noopener">UMA</a> is an optimistic oracle (OO) that can record any verifiable truth onto a blockchain. The project has been called a “human-powered truth machine” due to its flexibility to handle ambiguity and expand the design space in Web3.</p> 
<p>The OO secures a diverse ecosystem of Web3 apps, including cross-chain bridges, insurance protocols, prediciton markets, and customizable DAO tooling products.</p> 
<p>The UMA token can be purchased at most major centralized currency exchanges including Binance and Coinbase, and DEXs like SushiSwap and&nbsp;<a href="https://crypto.ro/en/news/uniswap-gets-sec-potential-lawsuit-warning/">Uniswap</a>.</p> 
<h3 id="celsius-cel">Celsius (CEL)</h3> 
<p>The CEL token saw a significant rise in price over the past seven days of about 30%. Now, CEL is trading at $0.76 and the token has a market cap of over $181 million.</p> 
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<p>Celsius (CEL) is an all-in-one banking and financial services platform that was launched in June 2018. The platform provides rewards for depositing crypto, along with services such as loans and wallet-style payments.</p> 
<p>Users regularly get payouts and interest on their holdings. The native token of Celsius is CEL, and it has a variety of functions, such as boosting user payouts if it’s used as a payment currency.</p> 
<p>These are the five tokens which saw the most impressive gains over the past week.</p>

Top 5 Gainers Of The Past Week: IPV, TRUMP, TRB, UMA, CEL

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