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Top Crypto Gainers Today Oct 02 – Orbs, Mask Network, Rarible, UMA

Top Crypto Gainers Today Oct 02 – Orbs, Mask Network, Rarible, UMA

InsidebitcoinInsidebitcoin2024/10/02 14:05
By:Insidebitcoin

What underlying market dynamics are fueling the remarkable surges we’re seeing in today’s top crypto gainers ? As volatility picks up, several standout tokens are seizing the spotlight. Orbs, Mask Network, Rarible, and UMA are making significant gains and turning heads with their impressive price movements. 

In this article, we explore these winning performers, dig into their recent surges, and uncover what’s fueling their rise in the market. For investors and enthusiasts alike, this is your deep dive into today’s outstanding tokens and the forces shaping their upward momentum. 

Biggest Crypto Gainers Today – Top List

In today’s analysis, Orbs impresses with strong liquidity and scalability. Meanwhile, Mask Network’s strategic push into decentralized identity is fueling its rise. Rarible’s governance innovations are also catching attention. Finally, UMA shines with its growing role in DeFi and synthetic assets. Together, these top gainers highlight key market trends, innovation, and future potential.

1. Orbs (ORBS)

Orbs takes the crown as today’s top crypto gainer, with a remarkable 16.88% surge in just 24 hours. Now priced at $0.031204, this jump is catching everyone’s attention. The sudden spike signals renewed energy and excitement around this project.

What’s more, Orbs shows impressive liquidity, with a high market cap-to-volume ratio of 4.5362. This means there’s plenty of trading activity, keeping the token moving. On top of that, the 14-day Relative Strength Index (RSI) stands at 43.21, suggesting the token is in neutral territory and may hold steady for now.

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The Orbs platform itself is designed for scale. Its blockchain infrastructure combines low fees, strong security, and high performance, making it ideal for enterprise applications. Even better, it uniquely merges with Ethereum, allowing users to benefit from both platforms’ strengths, including scalability and liquidity.

However, the past 30 days haven’t all been smooth sailing. Orbs saw 18 green days, or 60%, which is solid but leaves some room for improvement. Still, volatility is low at just 8%, making this a relatively stable play despite its high potential.

Looking at a broader timeframe, Orbs has gained 36% over the last year, outperforming 41% of the top 100 crypto assets. Although it’s still trading 7.79% below its 200-day moving average, the recent surge could be the beginning of a much larger rally. With its innovative protocol and the rise in price, Orbs might be setting the stage for bigger moves ahead.

2. Mask Network (MASK)

Mask Network stands out as the second top crypto gainer today, riding high on some recent exciting developments. Just last month, Mask announced its acquisition of Nametag, a pioneering decentralized identity (DID) and gaming extension. This strategic move strengthens Mask’s ecosystem and positions it prominently in the evolving Web3 digital identity sector.

Consequently, this news has clearly fueled MASK’s price movement. In fact, over the last 24 hours, it surged by an impressive 5.37%, reaching $2.46. Moreover, with a solid liquidity ratio of 0.7495, the market cap-to-volume relationship underscores its robustness.

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Interestingly, the 14-day Relative Strength Index (RSI) sits at 34.41, indicating that MASK is not currently overbought. This suggests there might be potential for further gains as the market stabilizes. Furthermore, the token has experienced a positive trend with 17 green days in the last 30 days, reflecting a favorable performance rate of 57%. Despite this, its low volatility at 7% suggests the price may trade sideways in the near term.

On a longer horizon, MASK is currently trading 25.69% below its 200-day simple moving average, a clear signal of recent challenges. Over the past year, the token has faced a decline of 14%, which puts it behind 87% of the top 100 crypto assets.

Yet, the Nametag acquisition adds a layer of optimism for MASK’s future. As decentralized identity gains traction in gaming and NFTs, Mask’s strategic focus could strengthen its position in Web3.

3. Pepe Unchained (PEPU)

Pepe Unchained is taking the crypto world by storm, with its presale hitting an impressive $16.9 million. Just a few days ago, it crossed the $16 million mark, showing serious momentum, and now it’s close to $17 million. It goes without saying that this new meme coin is quickly becoming a major player, and you’ll want to get in on the action.

What’s driving this surge is a combination of factors fueling the excitement. A recent sneak peek of its upcoming Layer 2 has sparked significant interest. Plus, FOMO from whale investors is pushing demand even higher.

The presale price for $PEPU is currently set at $0.0099, but it will soon rise to $0.0100. This means you can still grab tokens at a discount! In fact, recently, a whale made headlines by purchasing 5.2 million $PEPU for around $51,000. Such large investments signal strong confidence in the project. It’s clear that investors are excited about what’s to come.

Pepe Unchained is also gearing up for its Layer 2 launch. This new blockchain will address issues like high gas fees and slow transactions, making it a more attractive option for users. As this project continues to innovate, its value is well positioned to soar.

With the presale approaching the $17 million milestone, this is your chance to join the Pepe Unchained community. The buzz is real, and many believe significant gains are just around the corner.

Visit Pepe Unchained Presale

4. Rarible (RARI)

Rarible has clinched the third spot among today’s top crypto gainers. In just 24 hours, it’s seen a 4.18% boost, bringing its price to $1.977711. While this surge might not be monumental, it’s certainly catching attention and building momentum.

Moreover, RARI’s liquidity looks promising, with a market cap-to-volume ratio of 0.0286, reflecting steady trading activity. What’s even more interesting is the 14-day Relative Strength Index (RSI), which hovers at 54.46—right in neutral territory. This suggests RARI isn’t overbought and could be gearing up for more stable trading in the coming days.

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But the real excitement here is Rarible’s governance. Delegate Launchpad III is in full swing, offering 15 new delegates a hefty 30,000 veRARI to vote on critical decisions. This opportunity not only strengthens the ecosystem but also keeps the community fully engaged in shaping Rarible’s future.

Even better, RARI has had a fantastic month, with 20 green days out of 30. That’s a solid 67%, underscoring its consistent upward trajectory. And beyond that, it is currently trading 58.48% above its 200-day moving average, further cementing its long-term growth.

Looking back over the past year, RARI’s price has skyrocketed by an impressive 133%. It’s outperforming 69% of the top 100 cryptos, making it a standout in the market. With a thriving ecosystem, active governance, and growing momentum, Rarible is definitely one to watch closely.

5. UMA (UMA)

As the final gainer on the list, UMA is making its mark with strong upward momentum. Over the past 24 hours, its price has jumped 4.07%, pushing it to $2.84. This increase is backed by high liquidity, reflected in a volume-to-market cap ratio of 1.9495, indicating active trading and interest.

UMA’s 14-day RSI of 58.11 reveals a balanced market sentiment, hinting that the coin could be gearing up for its next move. This suggests that while it isn’t overbought, it may continue to trade sideways for now. Impressively, with 18 green days out of the last 30, UMA has shown a 60% success rate in positive price movement.

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What sets UMA apart is its utility in the DeFi space. Its protocol allows users to easily create synthetic assets and financial contracts, a feature becoming more valuable as decentralized finance gains traction. Plus, the fact that UMA runs on the permissionless Ethereum blockchain means anyone worldwide can leverage its financial tools, enhancing accessibility and driving broader adoption.

In the long term, UMA’s performance will be even more impressive. It’s currently trading a significant 66.13% above its 200-day simple moving average, indicating sustained growth. Even more exciting, its price has skyrocketed 104% in the past year, outpacing 60% of the top 100 crypto assets.

With its unique protocol, rising adoption, and solid market traction, UMA is rapidly becoming a standout player in DeFi.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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