Compound

Ankr

Base

WEMIX

Livepeer

In a dramatic twist, the crypto market has witnessed a seismic shift this week. <a href="https://finance.yahoo.com/news/cryptocurrency-price-movements-today-bitcoin-193427064.html" rel="noopener noreferrer nofollow">Bitcoin</a>, which surged past $71,000, has now retreated below $65,000. This reversal follows the surprising transfer of 10,000 Bitcoins linked to the U.S. government, hinting at a potential large-scale sale. 
Adding fuel to the fire, U.S. political figures have pushed for a strategic bitcoin reserve, further stirring market uncertainty. Meanwhile, Grayscale’s Bitcoin Trust has taken a hit, with its shares plummeting over 10% due to the spin-off of 10% of its Bitcoin holdings.&nbsp;
<h2 id="b-biggest-crypto-gainers-today-top-list-b">Biggest Crypto Gainers Today – Top List</h2>
Amidst this turbulent backdrop, today’s top crypto gainers stand out with remarkable performances. Specifically, WEMIX, Livepeer, Ankr Network, and Compound have captured significant attention. Each has made headlines with unique contributions to the blockchain space. WEMIX’s ecosystem updates, Livepeer’s advancements in decentralized broadcasting, Ankr Network’s infrastructure tools, and Compound’s DeFi lending innovations offer intriguing opportunities for investors. Jump into the highlights of these <a href="https://insidebitcoins.com/news/top-crypto-gainers-today-jul-16-turbo-injective-gala-the-graph" rel="noopener noreferrer nofollow">top gainers</a> and discover what sets them apart in today’s dynamic market.
<h3 id="b-1-b-b-wemix-wemix-b">1. WEMIX (WEMIX)</h3>
WEMIX is a decentralized blockchain protocol that supports a broad Web 3.0 ecosystem. Specifically, its WEMIX3.0 mainnet, compatible with Ethereum Virtual Machine (EVM), uses the Stake-based Proof of Authority (SPoA) consensus for high transaction speeds and security. Moreover, it is governed by 40 Node Council Partners (NCP), making the WEMIX token crucial for transactions and gas fees.
Building on this foundation, the WEMIX ecosystem includes several key platforms. For instance, WEMIX Play is a leading play-and-earn gaming platform that integrates payments into gaming. In a similar vein, NILE facilitates project management with DAO-powered smart contracts. Additionally, WEMIX.Fi offers DeFi services with quick transactions and low fees.
<img decoding="async" class="aligncenter size-full wp-image-559247" src="https://insidebitcoins.com/wp-content/uploads/2024/08/WEMIX-Price-Chart.png" alt="WEMIX Price Chart" width="1200" height="551" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/WEMIX-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/08/WEMIX-Price-Chart-300x138.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/WEMIX-Price-Chart-1024x470.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/WEMIX-Price-Chart-768x353.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Moreover, WEMIX$ is a stablecoin fully backed by collateral, bolstering ecosystem growth. In conjunction with this, the WEMIX Wallet provides complete user control over assets, while WEMIX Explorer monitors blockchain data. However, recent news highlights that WEMIX.fi has suspended lending and borrowing services due to issues with the WEMIX$ stablecoin’s liquidation. Nevertheless, more updates will be provided as the situation develops.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 📢 WEMIX Policy Update
 🔸 Terms revised with WEMIX․Fi update &amp; transition 🔸 WONDER Staking now WEMIX Stake 🔸 Certain services transfer to OnchainLabs Co., Ltd.<a href="https://twitter.com/hashtag/WEMIX?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#WEMIX</a> revolutionizing your digital experience
 For more details 👉 <a href="https://t.co/WmigtJE6FZ" rel="noopener noreferrer nofollow">https://t.co/WmigtJE6FZ</a> <a href="https://t.co/CIuFWySWKS" rel="noopener noreferrer nofollow">pic.twitter.com/CIuFWySWKS</a>
 — WEMIX (@WemixNetwork) <a href="https://twitter.com/WemixNetwork/status/1815999989094793568?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 24, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
On the market front, WEMIX has shown a notable 6.43% surge in the last 24 hours, reflecting a positive short-term outlook. Despite this, the token is currently trading 24.62% below its 200-day SMA, suggesting a bearish trend in the longer term. In comparison, the 14-day RSI of 68.17 indicates neutrality, implying potential sideways trading. With a low 9% volatility, it shares a similar stability to ANKR, which has an 8% volatility. Over the past year, WEMIX has performed decently, with a 74% increase, besting 50% of the top 100 crypto assets.&nbsp;
<h3 id="b-2-b-b-livepeer-lpt-b">2. Livepeer (LPT)</h3>
Livepeer is a fully decentralized live video streaming network protocol. It aims to provide an economically efficient alternative to centralized broadcasting solutions for both new and existing broadcasters. Specifically, producers can submit their work on the platform, which then reformats and distributes the content to users and streaming platforms. Consequently, this decentralized approach reduces costs and enhances efficiency, making it an attractive choice for broadcasters.
<img decoding="async" class="aligncenter size-full wp-image-559248" src="https://insidebitcoins.com/wp-content/uploads/2024/08/LPT-Price-Chart.png" alt="LPT Price Chart" width="1200" height="598" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/LPT-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/08/LPT-Price-Chart-300x150.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/LPT-Price-Chart-1024x510.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/LPT-Price-Chart-768x383.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/LPT-Price-Chart-83x40.png 83w" sizes="(max-width: 1200px) 100vw, 1200px">
What sets Livepeer apart is its unique use of blockchain technology to transform broadcasting. Moreover, the open-source platform promotes user and developer participation, encouraging continuous improvement and innovation. Additionally, Livepeer offers various opportunities. These include pay-as-you-go content consumption, auto-scaling social video services, uncensorable live journalism, and video-enabled DApps. Built on the Ethereum blockchain, Livepeerit uses a delegated proof-of-stake (DPoS) consensus mechanism. This mechanism is more environmentally friendly and scalable than traditional proof-of-work systems.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Livepeer is proud to be a partner of Backdrop V5! It's exciting to see the projects that are integrating Livepeer.
 Backdrop V5, drop your project below for the Livepeer community to check out. <a href="https://t.co/2Go0bRKzfy" rel="noopener noreferrer nofollow">https://t.co/2Go0bRKzfy</a>
 — Livepeer (@Livepeer) <a href="https://twitter.com/Livepeer/status/1818321243998953920?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 30, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
LPT stands out with its short-term surge of 2.13% and high liquidity, indicated by a 0.0783 volume-to-market cap ratio. Its long-term outlook is robust, as it trades 139.53% above its 200-day SMA, suggesting sustained bullish momentum. With a 14-day RSI of 44.63, Livepeer is neutral and might continue trading sideways. The token has seen 53% green days in the past month, reflecting consistent positive performance. Also, over the past year, LPT has soared by 278%, surpassing 77% of the top 100 crypto assets, significantly surpassing ANKR’s 23% and COMP’s -15% changes.
<h3 id="b-3-b-b-base-dawgz-dawgz-b">3. Base Dawgz (DAWGZ)</h3>
<a href="https://insidebitcoins.com/visit/basedawgz" rel="noopener noreferrer nofollow">Base Dawgz</a> has hit a major milestone, raising over $2.7 million in its presale. Currently priced at $0.007061, the token has surged 42% from its initial $0.00479 launch price. This impressive increase signals strong investor interest, suggesting that $DAWGZ could offer substantial growth potential. As Base Dawgz aims to establish itself as a leading meme coin on the Base Chain, now might be the perfect time to invest and benefit from its early-stage momentum.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 $2.7 MILLION<a href="https://twitter.com/search?q=%24DAWGZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DAWGZ</a> just keeps pushing and we don't let up 💪 <a href="https://t.co/200LaSt3v0" rel="noopener noreferrer nofollow">pic.twitter.com/200LaSt3v0</a>
 — Base Dawgz (@BaseDawgz) <a href="https://twitter.com/BaseDawgz/status/1816755019460321333?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 26, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The Base Chain’s entry into the political arena adds another layer of excitement for $DAWGZ. Recent developments include on-chain donations being accepted from U.S. politicians, such as Rep. Tom Emmer and Sen. Cynthia Lummis. This involvement could drive further adoption and interest in Base Dawgz and similar tokens. Additionally, Base’s rapid growth, with a total value locked (TVL) of $1.67 billion and 2 million users, positions it as a key player in the crypto space, potentially boosting $DAWGZ’s value.
<iframe title="Next 100X Potential BASE Meme Coin - $BaseDawgz Token Review (MASSIVE Potential?!)" width="640" height="360" src="https://www.youtube.com/embed/-wnN2p0d_Mc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
Base Dawgz is not limiting itself to Base Chain; it plans to expand across multiple blockchains using Wormhole and Portal Bridge tech. This strategy allows $DAWGZ to tap into liquidity from Ethereum, Solana, Avalanche, and BSC, enhancing its growth potential. With such expansive reach and impressive presale success, Base Dawgz could become the next big hit in the crypto market. Grab your <a href="https://insidebitcoins.com/visit/basedawgz" rel="noopener noreferrer nofollow">$DAWGZ</a> tokens now and take advantage of staking with up to 1,040% APY. Act fast to boost your returns!
<a href="https://insidebitcoins.com/visit/basedawgz" rel="noopener noreferrer nofollow">Visit Base Dawgz Presale</a>
<h3 id="b-4-b-b-ankr-network-ankr-b">4. Ankr Network (ANKR)</h3>
Ankr Network is a decentralized blockchain infrastructure provider operating nodes across over 50 Proof-of-Stake networks. It supports the crypto economy with multi-chain tools for Web3 users. For example, Ankr Build offers APIs and a decentralized network of public RPC nodes for blockchain data access and execution. Additionally, Ankr Scan provides on-chain information, Ankr Earn simplifies staking and yield-earning, and Ankr Learn offers tutorials and documentation for skill development.
<img decoding="async" class="aligncenter size-full wp-image-559249" src="https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart.png" alt="ANKR Price Chart" width="1200" height="581" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart-300x145.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart-1024x496.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart-768x372.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/08/ANKR-Price-Chart-83x40.png 83w" sizes="(max-width: 1200px) 100vw, 1200px">
Unlike centralized solutions, Ankr allows DApps and blockchains to run and communicate seamlessly. This enables users to delegate assets to validator nodes and earn more. Moreover, the ANKR token is used for transactions, services, and governance. It functions as an ERC-20, BEP-2, and BEP-20 token, available on Polygon, Avalanche, and Fantom networks. Ankr’s security is robust, including verification nodes, a reputation-based system, and intel SGX for protection against attacks. Additionally, the Native Oracle System (NOS) ensures secure transfer between on-chain smart contracts and off-chain data.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Building on <a href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@0xPolygon</a>?
 Our APIs and RPC nodes are free to use – what are you waiting for? ⚡️ <a href="https://t.co/fuu29dttpG" rel="noopener noreferrer nofollow">pic.twitter.com/fuu29dttpG</a>
 — Ankr (@ankr) <a href="https://twitter.com/ankr/status/1816813774784839932?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 26, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
ANKR has experienced a modest 1.42% increase in the last 24 hours, paired with high liquidity, indicated by a 0.0786 volume-to-market cap ratio. It is trading 3.45% above its 200-day SMA, pointing to a cautiously optimistic long-term outlook. The 14-day RSI of 56.51 places it in a neutral zone, with sideways trading expected. With 50% green days in the past month, its short-term performance has been balanced, similar to COMP, which also has 50% green days. Over the past year, Ankr has seen a 23% price increase, outpacing 31% of the top 100 crypto assets.
<h3 id="b-5-compound-comp-b">5. Compound (COMP)</h3>
Compound is a DeFi lending protocol that enables users to earn interest on their cryptocurrencies. By depositing tokens into Compound’s pools, users receive cTokens, which represent their stake. For instance, depositing ETH earns cETH. Over time, the value of these cTokens increases, allowing users to redeem more of the original asset.
Moreover, Compound also allows borrowers to take secured loans by providing collateral. The loan-to-value (LTV) ratio ranges from 50% to 75%, depending on the asset. If collateral falls below the required level, it is automatically liquidated, protecting lenders and maintaining the system’s balance.
<img decoding="async" class="aligncenter size-full wp-image-559251" src="https://insidebitcoins.com/wp-content/uploads/2024/08/COMP-Price-Chart.png" alt="COMP Price Chart" width="1200" height="545" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/COMP-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/08/COMP-Price-Chart-300x136.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/COMP-Price-Chart-1024x465.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/COMP-Price-Chart-768x349.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Unique to Compound is its community governance model. COMP holders can propose and vote on protocol changes, such as adjusting supported cryptocurrencies or altering collateralization factors. This decentralized governance means that changes are made without direct involvement from the Compound team. Additionally, COMP tokens can be obtained from exchanges or earned through interaction with the protocol, such as depositing assets or borrowing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 ✅ Update: Thanks to the tenacious efforts of so many in the community, the <a href="https://t.co/Dcq4ZkswRX" rel="noopener noreferrer nofollow">https://t.co/Dcq4ZkswRX</a> website is once again secure. Please always remain vigilant in clicking links to avoid phishing scams.
 Make sure to restart your browser to ensure visiting the proper website. If…
 — Compound Labs (@compoundfinance) <a href="https://twitter.com/compoundfinance/status/1811624013841727702?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
COMP’s 1.13% price increase in the last 24 hours is complemented by high liquidity, reflected in a 0.4591 volume-to-market cap ratio. It trades 9.24% above its 200-day SMA, indicating a positive long-term trend. The 14-day RSI of 41.19 suggests it is neutral and may trade sideways. With 50% green days in the past month, Compound’s short-term outlook is relatively stable. However, the token has seen a 15% decrease over the past year, underperforming 91% of the top 100 crypto assets. Compared to WEMIX’s 74% and LPT’s 278% gains, COMP faces challenges in sustaining long-term growth.
<h2 id="b-read-more-b">Read More</h2>
<ul>
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/top-crypto-gainers-today-jul-16-turbo-injective-gala-the-graph" rel="noopener noreferrer nofollow">Biggest Crypto Gainers</a></li>
</ul>

Top Crypto Gainers Today Jul 31 – WEMIX, Livepeer, Ankr Network, Compound

Table of Contents

Inside Bitcoins

Other articles published on Aug 1, 2024

Will PePe Moonraker ($PMRK) Outperform Ponke’s 9.83% Weekly Surge? Secure Your Presale Tokens Today!

Binance Labs' New Investment: What is Particle Network?

Can Fee Increases Stabilise DAI? MakerDAO’s Latest Measures and Insights on the Best Ongoing Pres...

Bombshell Allegation: Bitcoin Created By CIA, Claims Tucker Carlson

Pepe Price Prediction: PEPE Plunges 5% In A Week As Investors Pivot To This Layer-2 Alternative T...

Investors Struggle with FLOKI Coin

Join our free newsletter for daily crypto updates!