Ultimate magazine theme for WordPress.
BTC
$22,913.77
+0.05%
ETH
$1,568.34
-0.25%
LTC
$87.56
+0.22%
DASH
$50.20
-0.81%
XMR
$178.76
+3.25%
NXT
$0.00
+5.31%
ETC
$21.61
+0.09%
DOGE
$0.09
+2.29%
ZEC
$44.78
-1.97%
BTS
$0.01
+5.57%
DGB
$0.01
-1.01%
XRP
$0.41
+0.15%
BTCD
$50.00
0%
PPC
$0.44
+2.48%
CRAIG
$0.00
+0.05%
XBS
$1.38
0%
XPY
$0.00
0%
PRC
$0.00
0%
YBC
$1,097.38
0%
DANK
$0.01
+0.05%

Biggest Crypto Gainers Today – January 17th

0


Join Our Telegram channel to stay up to date on breaking news coverage

In the constantly fluctuating crypto market, it’s tough to select projects or tokens that turn out to be profitable. To make the job easier for you, here are 6 of the top crypto gainers you should consider adding to your portfolio.

1.  Celo (CELO)

Celo is a decentralized platform designed to enable smartphone users around the world to make simple financial transactions with cryptocurrency. The platform has its own blockchain and two native tokens, CELO and cUSD. The blockchain can host decentralized applications, making the platform a potential hub for Web 3.0 activity.

Celo was created in 2017 by two GoDaddy executives and MIT professor Sep Kamvar. They raised millions between 2018 and 2020 through the sale of CELO tokens. Capital firms like Social Capital, Andreessen Horowitz and General Catalyst were among the main investors. The platform provides a global payment infrastructure that crypto users can easily access from mobile devices.

CELO token operates as a governance asset, letting stakeholders vote on adjustments to the protocol, whereas cUSD is a stablecoin mirroring the value of standard American currency. The CELO token also provides the basis for the system’s governance and general organization. Holding this token is what allows users to participate in governance decisions and earn rewards.

Unlike other blockchain-related applications, the company’s focus on mobile access sets it apart, as it aims to unite all the mobile phones in the world within a single decentralized framework. This framework is built upon 100 network validators running proof-of-stake operations. Its Byzantine fault tolerance allows the system to govern itself.

Celo facilitates mobile transactions through the use of its cUSD stablecoin. Pegged to the U.S. dollar through a programmatic reserve, cUSD can be bought or sold through associated decentralized exchanges. Celo’s mobile-first approach makes it an excellent choice for conducting instant international transactions and thus making it a brilliant investment.

The CELO token has been following quite an uptrend for the past two weeks, rising from $0.47 to trading at a high of $0.76, while it currently hovers at $0.69. CELO token holders have made a generous profit with the help of the token recently, and many believe the token might reach $1 soon. Investors looking for innovative projects can consider Celo to be their investment before it’s too late.

2. Convex Finance (CVX)

Convex Finance (CVX) is a decentralized finance (DeFi) protocol that operates by using Curve Finance, a stablecoin exchange, as a substrate. The platform enables CRV token holders and Curve liquidity providers to earn additional interest rewards and Curve trading fees on their tokens.

Convex Finance offers a simple and effective way to improve Curve staking, making it an attractive option for users. The platform’s focus on boosting rewards is what has made it so successful, as it allows users to earn more from their assets.

Curve Finance is a decentralized exchange that is focused on stablecoins. It rewards liquidity providers with CRV tokens, which can be converted into veCRV, a vote-escrowed version of CRV. The more veCRV you have, the higher the rewards from your liquidity pool can be. However, acquiring and holding veCRV can be difficult for small liquidity providers and unattainable for large ones.

Convex Finance solves this issue by allowing users to collectively aggregate their assets. This enables the platform to acquire more CRV, convert it into veCRV, and maximize rewards for all Curve LP token holders. This means liquidity providers can get the maximum reward boost regardless of their stake in a Curve pool. Providing liquidity to Curve and depositing LP tokens to Convex offers a four-pronged path to passive income.

This includes the base interest rate, additional trading fees of the Curve platform, a boost to rewards and a share of the platform’s transaction fees. Convex Finance’s approach to DeFi has put it in competition with Yearn Finance as both projects are competing for CRV tokens to increase interest rates for Curve LPs.

The CVX token has displayed a spectacular performance amidst the recent crypto pump, where it rose by more than 60%, currently trading for $4.84. Investors looking for tokens with short-term potential can definitely consider adding CVX to their portfolio.

3. Dash2Trade (D2T)

Dash 2 Trade is an innovative blockchain-based platform that aims to assist investors in identifying potential crypto trading opportunities before they become too popular or expensive. Essentially, it serves as an analytics and social media platform for crypto traders, helping them navigate the rapidly changing and highly volatile crypto market by providing them with actionable insights and up-to-date information.

The platform’s whitepaper states that with thousands of token projects in the crypto space, it can be challenging for individuals to keep up with the speed and volatility of the markets and not miss out on important trading factors. Dash 2 Trade addresses this issue by catering to signals that have the most impactful impact such as listing alerts, presales, technical indicators, and social metrics.

Buy Dash 2 Trade

Users can utilize the site’s technical analysis indicators to gain better insight into what crypto may go up in value and when, as well as be able to see what is gaining traction on social media platforms like Reddit and Twitter. The system also has a dashboard that keeps track of upcoming presales and other opportunities.

The team behind the platform maintains enough information to allow users to make an informed decision as to whether an upcoming crypto is legitimate or a scam. They perform manual scoring of projects, taking into account a vast number of metrics such as the credentials of the team behind the project, whether the contract has been properly audited, as well as the tokenomics of the token.

D2T is the native token of the platform based on the ERC-20 standard. People who hold the token will be able to access the platform’s dashboard and make use of the other features Dash 2 Trade has, such as social trading challenges, listing alerts, and on-chain technical analytics. The token recently went live on crypto exchanges, and while it hasn’t shown much optimistic performance lately, investors believe the token will be profitable as the adoption of the platform increases.

4. Calvaria: Duels of Eternity (RIA)

Calvaria: Duels of Eternity is an upcoming crypto game which many believe to be one of the best play-to-earn games in the crypto space. In Calvaria, players collect NFT battle cards representing characters from three rival factions in the afterlife and battle one-on-one against other players.

Buy Calvaria

The game offers enhanced gameplay, with characters drawn in 3D and the ability to enjoy the game on iOS as well as Android mobile devices. Players who win battles earn RIA tokens, which can be used in Calvaria’s peer-to-peer marketplace to trade for more powerful cards.

It also offers a story mode for players who want to enjoy the game without battling other players. Additionally, Calvaria is planning to develop a free-to-play mode, encouraging new players to try the game, without having to risk their money upfront.

RIA, the native token of the game, can be used to buy NFT battle cards in the marketplace, but it also offers additional utility by being staked to the blockchain in exchange for an annual interest. This allows players and investors to earn passive income from the game and have a say in the future development of the project through the Calvaria DAO. Investors can purchase the token through the official presale currently live on the website, where stage 5 is close to completion, raising a total of $2.83 million. Hurry, before the presale closes in 14 days.

5. FightOut (FGHT)

FightOut is a new crypto project that aims to build a global ecosystem that rewards users for moving, expanding on the move-to-earn (M2E) concept. The company plans to release a mobile app that rewards users for all forms of exercise, including weightlifting, boxing, tennis, and Zumba.FightOut Long-Term Token

 

The app will also have a monthly subscription fee, with rewards paid in REPS, which can be used to pay subscription fees and purchase merchandise. The company also plans to launch its own gyms and a metaverse, with all features accessible via the app.

FightOut also has another token, FGHT, which is the economic token of the project, following the ERC-20 standard, and can be used to gain exposure to the Fight Out ecosystem and the future metaverse. The presale of FGHT is currently in stage one with the cheapest price available at $0.0166 per token.

The FGHT token price will increase in less than 7 days, which means now is a great time to buy the token. As of 31st March, the presale will be wrapped up followed by CEX listing of the token on 5 April.

6. RobotEra (TARO)

RobotEra crypto game immerses players in a world where they turn into robots. Each player has an avatar represented by an NFT. The game takes place in Central City, where the robots were created, and is considered a safe area for players as it is free from mutant attacks. Players can use the space to socialize, showcase their NFTs in museums, and walk around entertainment facilities. Additionally, players can participate in quest challenges to win rewards.

RobotEra

The game also has Seven Continents of the New World, where players can explore different landscapes and resources, and even create their own robot companions with unique attributes by gathering various resources. In TaroLand, players can buy virtual land if they wish, and create whatever landscape they desire.

The game aims to connect its community to other worlds and will allow users to build new metaverses with outside NFT communities. TARO tokens will run the RobotEra world economy and investors can buy TARO tokens at a discounted price during the token presale. TARO tokens can be used as the main currency across the multiverse, to purchase plots of land and climb the virtual property ladder.

Presale for the token is currently live, where each token is available to purchase for $0.020 which will soon increase to $0.025 once the presale progresses to the next stage. This will continue to take place, placing the current price at a discount. So far, the project has raised $723k of its $1.8 million goal for the current stage.

Conclusion

All the tokens mentioned above make top candidates for ideal purchases given the current market situation. Investors can purchase tokens available on exchanges to make short-term gains, or invest in presales in the hope of exponential gains.

Read More:

FightOut (FGHT) – Newest Move to Earn Project

FightOut token
  • CertiK audited & CoinSniper KYC Verified
  • Early Stage Presale Live Now
  • Earn Free Crypto & Meet Fitness Goals
  • LBank Labs Project
  • Partnered with Transak, Block Media
  • Staking Rewards & Bonuses

FightOut token


Join Our Telegram channel to stay up to date on breaking news coverage



Source link

Leave A Reply

Your email address will not be published.