Top Crypto Gainers Today Jul 22 – AIOZ Network, OriginTrail, Avalanche, Bitget Token
Starting with today’s global market outlook, JPMorgan analysts have provided valuable insights into the crypto market’s current state. They suggest that any upcoming recovery in cryptocurrency prices will likely be tactical, short-term, and strategic rather than signaling the beginning of a prolonged upward trend. Bitcoin’s current price of $67,500 is significantly higher than its production cost of $43,000, indicating potential for tactical gains.
Adjusted for volatility and compared to gold, Bitcoin’s value is estimated at around $53,000. Analysts also highlight that the easing of liquidation pressures post-July, particularly from entities like Gemini and Mt. Gox creditors, is expected to pave the way for a recovery in Bitcoin futures starting in August, aligning with recent upticks in gold futures. Now, let’s dive into the top crypto gainers for today and see who’s leading the market with impressive gains.
Biggest Crypto Gainers Today – Top List
The crypto scene is electric today, with AIOZ Network, OriginTrail, Avalanche, and Bitget Token grabbing attention for amazing price jumps and game-changing tech. AIOZ Network leads with a 16.92% surge, fueled by its DePIN Nodes for decentralized AI, storage, and streaming. OriginTrail, up 16.33%, recently integrated its Decentralized Retrieval-Augmented Generation (dRAG) framework with NVIDIA, enhancing AI reliability and data ownership.
Furthermore, Avalanche, with a 12.01% rise, excels with its scalable blockchain trilemma solution and three interoperable chains. Bitget Token, climbing 2.40%, stands out with robust security measures and diverse platform utilities. With such significant advancements, is there an investment opportunity lurking among these top gainers ? Let’s go into the details to find out!
1. AIOZ Network (AIOZ)
The highest gainer on the list, AIOZ Network, supercharges decentralized AI, Storage, and Streaming with its innovative DePIN Nodes. These nodes, powered by the AIOZ Node App, turn everyday devices into essential network contributors, offering storage, processing power, and bandwidth while earning $AIOZ tokens. The number of nodes has tripled in six months thanks to easy installation and significant updates. Version 3.0, released in April 2024, added AI computational tasks, while Version 4.0 introduced video transcoding in June 2024.
The AIOZ Node App features sections for Storage, Delivery, AI, and Transcoding, making it simple for node operators to track contributions and rewards. DePIN Nodes supports AIOZ’s four key services: Web3 Storage for scalable cloud storage, W3IPFS for secure file delivery, W3AI for AI computation, and W3Stream for high-quality video streaming. These nodes are crucial to AIOZ’s vision of becoming the leading infrastructure for Web3 applications.
AIOZ Network’s 16.92% surge in the last 24 hours, supported by high liquidity (0.0521 volume to market cap ratio), suggests strong short-term momentum. With an RSI of 48.22, it is in neutral territory, likely leading to sideways trading. The 57% positive days in the last 30 and a low 30-day volatility of 9% indicate a balanced risk-reward profile for short-term investors.
AIOZ’s 3,704% increase over the past year and trading 1,191.47% above its 200-day SMA highlight its strong long-term growth potential. Outpacing 96% of the top 100 crypto assets, AIOZ presents a high-reward investment opportunity, albeit with higher risk compared to more stable projects like Avalanche.
2. OriginTrail (TRAC)
The second-highest gainer on the list, OriginTrail, is building a trusted knowledge infrastructure for AI. It addresses misinformation by ensuring the origin and discoverability of vital information. OriginTrail uses its Decentralized Knowledge Graph (DKG) and Parachain to deliver AI-powered search and solutions. It creates a Verifiable Web for AI, enhancing the reliability and transparency of information across trillion-dollar industries. Partnerships with organizations like Walmart, Oracle, and the EU Commission further strengthen its mission.
In recent news, OriginTrail integrated its Decentralized Retrieval-Augmented Generation (dRAG) framework with NVIDIA’s platform. This boosts AI reliability by addressing hallucinations and data ownership disputes. The dRAG system ensures data integrity and secures intellectual property rights. It guarantees the authenticity and ownership of data. This innovation fosters trust in AI-driven decisions, which is crucial for sensitive and impactful sectors.
OriginTrail’s 16.33% increase in the last 24 hours highlights its strong short-term potential. With medium liquidity reflected in a 0.0230 volume-to-market cap ratio and an RSI of 46.82, TRAC is in a neutral trading zone. Despite having 47% green days in the last month, its low 30-day volatility of 7% suggests a relatively stable trading environment, appealing to short-term investors seeking steady performance.
TRAC has seen a commendable 198% increase over the past year, trading 149.51% above its 200-day SMA. It has bested 72% of the top 100 crypto assets, indicating a strong long-term potential. Compared to the explosive growth of AIOZ and the stable yet robust gains of AVAX, TRAC offers a middle-ground investment, balancing significant long-term growth with moderate volatility.
3. Pepe Unchained (PEPU)
Pepe Unchained is a unique meme coin project centered around the beloved internet meme character Pepe the Frog. It aims to combine humor with blockchain technology by offering PEPU tokens, launched at a presale price of $0.0086 each. The project’s appeal has resonated with investors, leading to a significant surge, with the project raising over $4.5 million. This influx of funds reflects strong community support and investor confidence in the project’s vision and potential.
The project is built on a Layer 2 solution to ensure faster and cheaper transactions, enhancing user experience and accessibility. Pepe Unchained also features a staking mechanism with high APY to incentivize holding PEPU tokens. To ensure transparency and usability, a dedicated block explorer will be available for users to track transactions seamlessly.
Pepe Unchained’s roadmap outlines a clear path for development and growth, focusing on technological advancements, community building, and strategic partnerships. Phase 1 involves concept development, website launch, and presale activities. Phase 2 focuses on community engagement and staking opportunities. Phase 3 will see the launch of key technological features like Layer 2 development and instant bridging. Finally, Phase 4 emphasizes expansion through strategic partnerships and additional utility integrations for the PEPU token, ensuring long-term sustainability and community engagement. Buy PEPU now and seize your chance for big gains with Pepe Unchained’s explosive growth!
Visit Pepe Unchained Presale
4. Avalanche (AVAX)
Avalanche is a layer-one blockchain platform designed to overcome the blockchain trilemma of decentralization, scalability, and security. It features three interoperable blockchains: the Exchange Chain (X-chain) for asset creation and exchange, the Contract Chain (C-chain) for smart contracts and DApps, and the Platform Chain (P-chain) for coordinating validators and creating subnets. This unique design and Avalanche’s consensus mechanisms allow it to process up to 6,500 transactions per second without losing scalability or decentralization.
The AVAX token is central to the Avalanche ecosystem. It facilitates transactions, secures the network through staking, and serves as the base unit of account. The network’s security is enhanced by a directed acyclic graph (DAG) consensus protocol, ensuring quick and secure transaction finalization. Avalanche’s subnets allow for customized blockchains with tailored validator requirements, supporting both public and private deployments. With high throughput and flexibility, Avalanche competes strongly with Ethereum. It attracts developers and enterprises seeking scalable and efficient blockchain solutions.
Avalanche’s 12.01% increase in the last 24 hours, coupled with high liquidity (0.1578 volume to market cap ratio), indicates strong short-term potential. However, an RSI of 73.86 suggests it is overbought, possibly leading to a correction. With 50% green days in the last 30 and a low volatility of 5%, AVAX offers a relatively stable short-term trading environment.
With a 137% increase over the past year and trading 104.26% above its 200-day SMA, Avalanche shows solid long-term growth. Surpassing 64% of the top 100 crypto assets, it offers substantial returns with lower risk compared to AIOZ, appealing to long-term investors seeking stability.
5. Bitget Token (BGB)
The last top gainer, Bitget Token, is the native cryptocurrency of the Bitget crypto exchange, a reputable global platform based in Singapore. Bitget is known for its excellent security protocols, including a 1:1 ratio for Proof of Reserves, cold storage with multisig offline wallets, and a $300M USDT protection fund. This strong focus on security has made Bitget a trusted choice for traders and investors. BGB token operates on the Ethereum Blockchain (ERC20) and is an upgraded version of Bitget DeFi Token (BFT), enhancing the exchange’s ecosystem.
BGB offers multiple utilities and perks within the Bitget ecosystem. Holders can use BGB to pay trading fees at discounted rates, use it as collateral for contract trading, and stake it for rewards. BGB also provides access to wealth management products, voting rights on project listings, discounts on popular cryptocurrencies, and eligibility for airdrops. Bitget seeks to become a world-class exchange by simplifying crypto trading and incorporating features like copy trading, earning products, and trading bots.
BGB’s 2.40% increase in the last 24 hours and high liquidity (0.0302 volume to market cap ratio) indicate steady short-term performance. With an RSI of 37.70 and 60% green days in the last month, BGB is in neutral territory, likely leading to sideways trading. Its low 30-day volatility of 5% suggests a stable short-term investment.
Over the past year, BGB has increased by 156%, trading 154.71% above its 200-day SMA. Leading 68% of the top 100 crypto assets, BGB presents a balanced long-term investment with significant returns and lower risk, making it appealing to investors seeking steady growth.
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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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