Home web3.0 Biggest Crypto Gainers Today – Ordi, Litecoin, Basic Attention Token, and MultiversX

Biggest Crypto Gainers Today – Ordi, Litecoin, Basic Attention Token, and MultiversX

Oct 07, 2024 pm 03:32 PM
ordi Litecoin MultiversX Basic Attention Token

Today, the global cryptocurrency market stands at an impressive $2.28 trillion, even with a slight dip of 0.35% in the last 24 hours.

Biggest Crypto Gainers Today – Ordi, Litecoin, Basic Attention Token, and MultiversX

Today’s global cryptocurrency market stands at an impressive $2.28 trillion, even with a slight dip of 0.35% in the last 24 hours. Notably, market sentiment remains neutral, as indicated by the Fear & Greed Index sitting at 50.

Interestingly, a remarkable 80% of cryptocurrencies have gained value, highlighting both resilience and opportunity. Leading the charge are top gainers like Ordi, Litecoin, Basic Attention Token, and MultiversX. In this article, we’ll delve into their price movements and uncover the trends fueling their success.

Biggest Crypto Gainers Today – Top List

In this vibrant market, 80% of cryptocurrencies have gained value in the last 24 hours, while only 20% have seen losses. Ordi shows impressive liquidity, Litecoin strengthens its payment position, Basic Attention Token reshapes digital advertising, and MultiversX enhances its utility with recent integrations. Let’s examine their price movements and the trends driving their success.

1. Ordi (ORDI)

The first token on today’s top crypto gainer’s list is Ordi. This token surged by 6.04% in the last 24 hours, bringing its price to $35.94. One key factor behind its strong performance is its high liquidity, reflected by a 0.4267 volume-to-market cap ratio, ensuring it has plenty of market activity.

When it comes to market trends, ORDI seems stable for now. The 14-day RSI is 59.59, indicating a neutral market, meaning it’s neither overbought nor oversold. With 16 green days in the last 30 (53%), its momentum is generally positive. Moreover, its 30-day volatility is low, standing at just 11%, making it less susceptible to wild price swings.

But what makes ORDI unique? Ordinals is a fascinating system that tracks satoshis (Bitcoin’s smallest units) through a numbering scheme, allowing for the attachment of arbitrary assets, such as NFTs or stablecoins. Built as an open-source project, it consists of a wallet, index, and block explorer for deeper interaction with Bitcoin’s blockchain.

Over the long term, ORDI’s performance has been nothing short of remarkable. To start with, the token is trading a solid 165.79% above its 200-day SMA, showcasing strong momentum. On top of that, it has delivered an astonishing 934% price increase in just the past year. As if that weren’t enough, ORDI also managed to best a whopping 95% of the top 100 crypto assets, making it one of the exceptional assets in the market.

2. Litecoin (LTC)

The second token on our list today is Litecoin, a long-standing leader in the crypto payment space. Over the past 24 hours, LTC’s price has increased by 2.24%, bringing it to $67.30. However, what truly sets it apart is its rising dominance in the payments arena.

In fact, according to recent data from BitPay, Litecoin now accounts for a staggering 37% of all crypto transactions, surpassing major players like Bitcoin and Ethereum. This surge in usage is largely due to its ability to offer fast and low-cost payments.

As for liquidity, Litecoin remains strong, with a 0.1482 volume-to-marker cap ratio. Its market momentum is neutral, as indicated by the RSI of 64.80, suggesting it may trade sideways for now. Additionally, 57% of its trading days in the past month have been positive, and its low volatility at 4% highlights its stability.

Designed for efficiency, Litecoin was built to be faster and cheaper than Bitcoin, with a block time of just 2.5 minutes and near-zero transaction fees. This makes it particularly attractive for micro-transactions and point-of-sale payments, especially in regions where affordability is key.

In the long term, Litecoin is trading 6.14% below its 200-day SMA but has still managed to increase by 2% over the past year. Although it only outperformed 25% of the top 100 crypto assets, its growing role in transactions keeps it relevant. For those seeking a reliable, fast, and cost-effective crypto, Litecoin remains a solid contender.

3. Flockerz (FLOCK)

Get ready to flock to Flockerz, the meme coin that’s soaring high after raising a massive $400,000 in its ICO within its first month. This feathered meme coin, complete with a propeller beanie, is attracting investors from all over.

But what’s the secret behind

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