A quick look at the latest happenings in the market before delving into today’s top gainers: the German government has initiated the sale of a substantial Bitcoin stash seized from the operators of a movie piracy website. A staggering $195 million worth of Bitcoin exchanged hands in the past 24 hours alone. Another $65 million is likely to have been deposited into exchanges today, following a $130 million transaction the previous day.
This significant move has influenced Bitcoin’s market price, contributing to a 0.67% decline in the past 24 hours, now trading around $64,723. Despite these sales impacting the market, companies like MicroStrategy are doubling their bullish stance. They recently acquired $786 million more in Bitcoin, reflecting continued confidence in its long-term potential.
Today’s top crypto gainers showcase diverse innovations and market movements. LimeWire (LMWR) surged 39.71% to $0.420078, leveraging blockchain for AI-driven NFTs. Curve DAO Token (CRV) rose 8.59% to $0.359653, emphasizing stablecoin trading and DAO governance.
Turbo Coin (TURBO) saw a 6.24% increase to $0.005477, driven by its unique AI-created meme coin model. Echelon Prime (PRIME) climbed 5.26% to $10.53, merging gaming with decentralized finance. Each token reflects unique strengths amid the dynamic crypto market, highlighting significant growth potentials and innovative approaches.
LimeWire, the iconic platform from the early 2000s, is back with a new focus. It now serves content creators, artists, and followers by providing an AI studio for images, music, videos, and a social platform. LimeWire utilizes blockchain technology to make AI-generated content ownable and tradeable as NFTs. Its multi-chain NFT strategy spans BNB Chain, Polygon, and Algorand, offering flexibility and choice to content creators.
It stands out with its large, engaged community and advanced technology. It boasts the second-largest Discord community worldwide, with over 2 million members and 500+ million pieces of content created using its AI models. Users can earn LimeWire Token (LMWR) through its ad-revenue share program.
LMWR is currently priced at $0.420078, with an impressive surge of 39.71% in the last 24 hours. The 14-day RSI of 55.76 indicates a neutral trading position. The token has had 6 green days in the previous 30 days, reflecting a 20% positivity rate. Its 30-day volatility is at 25%, showing moderate stability. LMWR trades 189.47% above its 200-day SMA of $0.145122 and has increased by 438% over the past year, outshining 88% of the top 100 crypto assets.
A second new listing in just one week 🚀$LMWR is now available on @bitvavocom, a leading European exchange with more than 1.5 million users and a monthly volume of over €10B 📈
Come and check it out here 👇 https://t.co/g45CkVYBQ0
— LimeWire (@limewire) June 20, 2024
LimeWire’s revival leverages a beloved brand and innovative AI and blockchain integration. However, its recent performance shows mixed results, as seen above. While the token has surged and remains above key averages, its low percentage of positive trading days and moderate volatility suggest cautious optimism.
Curve is a decentralized exchange specializing in stablecoin trading, utilizing an automated market maker (AMM) to manage liquidity. It introduced a decentralized autonomous organization (DAO) with CRV as its native token. The DAO, built using Ethereum-based Aragon, integrates multiple smart contracts to efficiently manage users’ deposited liquidity.
Curve’s focus on stablecoin trading sets it apart in the DeFi space. The DAO and CRV tokens enhance profitability by rewarding users based on their liquidity contributions and ownership duration. The surge in DeFi trading has cemented Curve’s role, with AMMs driving significant liquidity and user profits. Curve caters to DeFi enthusiasts involved in yield farming and liquidity mining, offering stable returns through stablecoins. The platform earns revenue via modest fees paid to liquidity providers.
CRV has surged to $0.359653, marking an impressive 8.59% gain in the past 24 hours. It exhibits high liquidity with a 1.0273 volume-to-market cap ratio, a market cap of $436.82M, and a 24-hour trading volume of $448.74M. The 14-day RSI stands at 56.19, indicating neutral trading. CRV experienced 13 positive days out of the last 30 (43%) and has a 30-day volatility of 17%.
The $ARB rewards have been topped up for the $asdCRV pool on @arbitrum.
Next week, in preparation for the @CurveFinance $asdCRV Llamalend market on Arbitrum, a migration will start. pic.twitter.com/9lCvQP2LcA
— Stake DAO (@StakeDAOHQ) June 20, 2024
However, it trades 41.66% below its 200-day SMA of $0.613673. Over the past year, CRV’s price decreased by 49%, underperforming 98% of the top 100 crypto assets. Despite these recent price drops and significant volatility, the token has shown signs of recovery.
Base Dawgz has quickly captured the crypto community’s attention, raising $200,000 on its first day and reaching $1 million within a week. The project has secured $1.9 million in less than three weeks, showcasing strong investor interest.
Base Dawgz’s innovative share-to-earn protocol rewards supporters for promoting $DAWGZ, fueling its popularity and viral potential. Security is top-notch, with the smart contract fully audited by Solid Proof, confirming it is free of major issues. This blend of community-driven growth and robust security makes Base Dawgz unique.
Furthermore, Base Dawgz stands out with its native cross-chain interoperable token, poised to dominate the Base chain. This chain, launched by Coinbase, offers lower fees and faster transactions, appealing to many crypto enthusiasts. Since its inception in August last year, the network has surged to 80 million unique addresses. Base Dawgz leverages this growth, embodying the essential traits of a top meme coin.
Base Dawgz has allocated 20% of its 8.45 billion tokens, equivalent to 1.69 billion, for the presale, ensuring ample opportunity for early investors. Another 20% of the total supply will be introduced for staking features, providing long-term value for token holders. Investors are keen to secure their tokens during the presale to benefit from the anticipated surge once it hits exchanges.
Turbo Coin is a groundbreaking meme coin symbolized by a dynamic frog mascot. It began as a bold experiment by a founder who leveraged artificial intelligence to create a cryptocurrency with a modest $69 budget. Following instructions from GPT-4, the project aimed to develop a fair and transparent token with a total supply of 69 billion tokens.
TURBO stands out in the crypto world with its tax-free transactions and fair token distribution, setting a new standard for meme coins. Also, it operates on the Ethereum blockchain as an ERC-20 token, ensuring secure and efficient transactions. The project’s community-driven approach and the transfer of contract ownership underline its dedication to fairness and transparency.
🚀🚀 $TURBO Power 🚀🚀
Unlike other crypto projects relying on fat budgets and paid hype, $TURBO thrives on community-driven energy. 💪
Owned by the people. No tricks, just our coin, our time. #TurboRevolution #TurboToken pic.twitter.com/eMeH6YvF3G
— Turbo 🐸 (@TurboToadToken) June 20, 2024
TURBO is valued at $0.005477, marking a 6.24% increase in the last 24 hours. It boasts high liquidity with a 0.5023 volume-to-market cap ratio. The 14-day RSI of 51.54 indicates neutral trading, and TURBO enjoyed 13 positive days out of the last 30. With 29% volatility over the past month, it shows moderate price swings.
Moreover, TURBO is trading 3,182.68% above its 200-day SMA of $0.000168. Over the past year, its price has skyrocketed by 2,717%, outperforming 97% of the top 100 crypto assets. The recent price movement shows a mix of stability and potential for growth.
PRIME is the native token of the Echelon Prime Foundation, which aims to advance the next generation of gaming through its Web3 ecosystem. Echelon Prime develops and distributes tools to foster innovation in novel gaming models and economies. It merges decentralized finance and gaming through blockchain technology.
Developed by Eclat World, Echelon Prime bridges various systems and networks, enabling seamless asset exchange across a global community. With decentralized smart contracts, the platform ensures secure, transparent transactions.
It offers key features like tokenized assets, multi-signature transactions, and integration with Ledger hardware wallets for enhanced security. Echelon Prime is designed to not only meet the current demands of gaming and blockchain but also anticipate and lead future trends.
At Echelon, we envision our ecosystem games to be exciting and engaging.@ParallelTCG delivers beyond that and is just getting started. https://t.co/wqrDPeHMbS
— Echelon (@EchelonFND) June 13, 2024
PRIME’s value has reached $10.53, experiencing a 5.26% increase in the past 24 hours. It has medium liquidity, with a volume-to-market cap ratio of 0.0139. The 14-day RSI of 65.68 indicates a neutral position. Out of the last 30 days, the token was up on 11 occasions, translating to a 37% positive performance.
With a 30-day volatility of 22%, it shows moderate stability. Trading 155.05% above its 200-day SMA of $4.13, the token has surged by 402% over the past year, outperforming 85% of the top 100 crypto assets. This impressive market performance highlights significant price growth and moderate volatility.