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In the world of Bitcoin, a select few have substantial influence and amass significant shares of the cryptocurrency in their digital vaults. As institutional interest increases, the once hidden identities of these prominent holders are gradually coming to light. Consider the cases of MicroStrategy and Tesla, who boldly demonstrate their multi-billion dollar Bitcoin investments. Their actions offer a rare glimpse into the traditionally clandestine world of blockchain ownership.
But amid this emerging transparency, a mysterious figure looms: a wallet that embarked on a Bitcoin acquisition in May 2023. With a whopping 136,000 BTC valued at $9 billion, curiosity is peaking who is in control and why. Some whisper that it could be in preparation for a Bitcoin ETF, while others think it’s just a smart player making calculated moves.
Biggest Crypto Gainers Today – Top List
Today top winners attract the attention of global investors. EOS stands out: its price is up 2.79% over the past 24 hours and trading 4.10% above its 200-day SMA, indicating stability and a strong market presence. Alchemy Pay is showing a notable increase of 2.62% and is trading 93.57% above its 200-day SMA. XDC Network is making steady progress with a modest 2.49% increase and innovative RWA tokenization efforts. Meanwhile, the Rollbit token offers a unique lottery participation model with an increase of 3.93% today and an impressive increase of 676% over the past year. Let’s take a deeper look at each of these cryptocurrencies.
1. EOS (EOS)
The EOS Network, a third-generation blockchain platform, prioritizes high performance, flexibility and security. It provides developers with a versatile environment to create unfeasible projects on other blockchains. With a community-driven foundation, EOS promotes transparency and accountability, fueling growth and innovation within its ecosystem.
In recent developments, EOS has introduced Wrapped RAM (WRAM) to tokenize real-world assets within its ecosystem. This initiative aims to improve the liquidity and accessibility of Random Access Memory (RAM), a crucial resource on the EOS platform. WRAM enables off-chain trading and broader market visibility, providing a 1:1 tokenization of existing RAM without transaction fees. It opens new avenues for growth and expansion, with potential listings on major decentralized exchanges.
The news of $WRAM was an important milestone for the #EOS ecosystem 🥳
Stay tuned for the recent update released on the #ENF blogging 👇https://t.co/GDt2hODrMV
— EOS Network Foundation (@EOSNetworkFDN) April 23, 2024
Despite recent advances, EOS price analysis remains critical. The current price is $0.887591, up 2.79% in the last 24 hours. Although the price is down 16% over the past year, it is trading 4.10% above its 200-day SMA. EOS shows stability and a robust market presence with a 30-day volatility of 14% and high liquidity. This evidence, reflected in the volume-to-market cap ratio of 0.7920, positions EOS for further growth and adoption in the blockchain.
2. Alchemy Pay (ACH)
Founded in 2018, Alchemy Pay acts as a bridge between cryptocurrencies and fiat currencies. It enables seamless transactions for sellers and shoppers around the world. By integrating Alchemy Pay into their existing services, merchants in more than 60 countries can accept payments in more than 300 cryptocurrencies, expanding their global reach and accessibility. This innovative approach requires minimal changes to merchants’ operations, making it accessible and easy to use.
In recent news, Alchemy Pay has partnered with Floki to improve cryptocurrency accessibility. This partnership allows users to purchase Floki directly on the Alchemy Pay platform using their preferred fiat payment method. Floki’s mission is to become a widely recognized cryptocurrency. This aligns with Alchemy Pay’s goal to bridge the gap between crypto and fiat payments, expanding accessibility and usability for users worldwide.
.@RealFlokiInuthe people’s cryptocurrency and the utility token of the #Floki Ecosystem, works together with #AlchemyPay to integrate On-Ramp Service on its website for fiat-based FLOKI purchases.
Plus, you can buy now $FLOKI directly on Alchemy Pay’s… pic.twitter.com/DsR5AP8dfB— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) April 24, 2024
With this latest partnership, ACH has positively impacted its price movement. Currently priced at $0.036558, it rose 2.62% in the past 24 hours, showing steady growth. ACH is trading 93.57% above its 200-day SMA and boasts a 30-day volatility of 13%, showing ACH stability in the face of market fluctuations. Furthermore, ACH has high liquidity, evidenced by a volume to market capitalization ratio of 0.2099. This strategic positioning forms the basis for sustainable expansion and adoption within the market.
3. Dogeverse (DOGEVERSE)
Doggers is a Doge Meme token, expanding its reach across a diverse multichain network consisting of Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base. This innovative approach aims to promote unity within the crypto meme community. It also aims for widespread recognition on various blockchain platforms. By using advanced bridging technology, Dogeverse ensures seamless multichain integration. It offers users the convenience of transactions with minimal gas costs, making Doge culture more accessible and inclusive.
The $DOGEVERSE token is strategically allocated to presale distribution, staking incentives, project development, liquidity provision, marketing initiatives, ecosystem support, and exchange listings. Through meticulous planning and implementation, Dogeverse goes through various phases. These include development, consciousness, expansion and cosmic travel. Each stage has been carefully designed to propel Dogeverse towards its goal: becoming a prominent presence in the meme token ecosystem.
Let’s go! 🚀#DOGEVERS raises over $10 million! 💰
Another incredible milestone has been reached! ✅
Participate #Cosmo on his multi-chain adventures! 🌌🐕 pic.twitter.com/wNIPuHhplr
— DogeVerse (@The_DogeVerse) April 24, 2024
The recent fundraising success, raising $10,812,926.71 of the $11,240,182, highlights the strong support from the community. As Dogeverse continues to develop its roadmap, it is focused on strengthening its position through strategic partnerships. Additionally, it emphasizes community involvement and continuous innovation. With every milestone reached, Doggers comes closer to his vision. It aims to create an interconnected ecosystem where creativity, rewards and community flourish.
Visit the Dogeverse presale
4. XDC Network (XDC)
XDC Network is a hybrid blockchain platform that aims to combine the transparency of public blockchains with the speed and security of private networks. It facilitates streamlined financial services through blockchain technology and state-of-the-art infrastructure. XDC Network ensures fast transactions, interoperability and cybersecurity through a delegated proof-of-stake consensus mechanism. It provides developers and financial institutions with scalable solutions. These solutions can process 2000 transactions per second and are compatible with the Ethereum Virtual Machine.
Now it is transforming blockchain with RWA tokenization, with tokenized US Treasuries and Supply Chain Financing (SCF) pilots. In collaboration with Yieldteq, they have tokenized US government bonds, showcasing the convergence of digital and traditional finance. Through SCF pilots using the FXD stablecoin, they have streamlined trade financing, improving liquidity and buyer-supplier relationships. With huge growth potential, the XDC Network is poised to revolutionize the financial world. It opens up new investment horizons as partnerships flourish and technology evolves.
https://twitter.com/XDCNetwork_News/status/1783235814178107548
Despite recent improvements, XDC Network faces challenges that are reflected in its performance metrics. With a current price of $0.040350 and an increase of 2.49% in the last 24 hours, XDC is showing modest growth. However, trading -17.16% below the 200-day SMA and with a 30-day volatility of 10% – is subject to swings in market sentiment. Furthermore, XDC Network, with average liquidity indicated by a volume-to-market capitalization ratio of 0.0298, should continue to strengthen its market presence.
5. Rollbit Token (RLB)
The Rollbit token is an essential part of the Rollbit lottery and is being introduced to users without an Initial Coin Offering (ICO). Instead, RLB tokens are distributed for free to existing users of Rollbit’s casino and trading platform, where they act as lottery tickets. This unique approach ensures that RLB provides immediate utility by allowing participants to win a share of the casino’s winnings through the lottery.
Rollbit’s use cases extend beyond its role in the lottery and include several mechanisms to support token value and engagement. With a limited supply of 5 billion coins, half of the betting cost is burned in each lottery round. This gradual reduction in circulating supply can increase token scarcity over time. Moreover, the supply decreases further as more RLB is used for lottery participation. This corresponds to the upward pressure on prices due to increased demand.
Pro tip:
you can your #RollbitRewards by claiming your calendar or daily bonus before you play! pic.twitter.com/zyDasuzS3w
— Rollbit (@rollbitcom) April 24, 2024
RLB’s price is at $0.129, marking an increase of 3.93% in the last 24 hours and a notable increase of 676% over the past year. While the SMA is currently below the 200-day SMA, indicating a possible correction, it is worth noting that 21 of the last 30 days have been positive trading days. However, concerns remain about its liquidity, evidenced by its low volume to market capitalization ratio of 0.0043. Before investing, investors should consider Rollbit’s unique utility and combustion mechanisms, in addition to trading dynamics.
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