Top Cryptocurrency Gainers Today March 11th – NEAR Protocol, OKB, Floki Inu, Chainlink

adminMarch 12, 2024

join us telegram A channel to stay up to date on breaking news coverage

Navigation for the Astute Investor top winner We reveal promising prospects in the cryptocurrency market. Built on pioneering technology and a vibrant community, this project paves the way for profitable investments. Diversifying your portfolio across these performers can help reduce risk and amplify returns amid cryptocurrency volatility.

An effective investment strategy requires comprehensive study of project fundamentals, market dynamics and long-term viability. Staying abreast of industry trends and monitoring performance indicators helps investors make informed decisions that align with their goals. This article provides much-needed comprehensive analysis of top gainers such as NEAR Protocol, OKB, Floki Inu, and Chainlink to guide investors in making informed investment decisions.

Biggest Cryptocurrency Earners Today – Top List

The NEAR Protocol is at the forefront of blockchain innovation, providing lightning-fast transactions and unmatched scalability. OKB is emerging as a driving force in decentralized finance, fueling the future of digital transactions through innovative utility token solutions. Meanwhile, Floki Inu is leading a new era of utility projects, shaking up the market with its meme-based approach. Finally, Chainlink bridges the gap between blockchain and real-world data, providing secure, decentralized oracles to transform smart contract execution. These coins represent the vanguard of innovation in the ever-evolving world of cryptocurrency.

1. NEAR Protocol (NEAR)

The NEAR protocol is a layer 1 blockchain that aims to overcome the limitations of existing blockchains, such as slow transaction speeds and low interoperability. It provides a developer-friendly platform with unique solutions to scaling problems, including human-readable account names and a consensus mechanism called “Doomslug”.

NEAR leverages Nightshade technology to achieve up to 100,000 transactions per second with near-instant finality and minimal fees. A decentralized network managed by community-elected validators ensures high performance and security. NEAR’s modular components simplify distributed application development, allowing developers to get their projects off the ground quickly.

NEAR price chart

Powered by a delegated proof-of-stake (DPOS) mechanism, NEAR allows users to vote on delegators who process network blocks. Validators earn rewards for processing blocks by staking NEAR tokens in the pool. The Nightshade sharding mechanism divides the blockchain into multiple shard chains to process transactions in parallel to achieve high throughput.

When people say there will be “mass adoption” with thousands of L2s, L3s, rollups and bridges.
(Chain abstraction solves this problem) pic.twitter.com/MEi8dB03ju
— NEAR Protocol (@NEARProtocol) March 10, 2024

With a price of $6.98 and a surge of 14.13% in just 24 hours, the NEAR protocol is making waves in the cryptocurrency industry. Over the past year, NEAR has enjoyed a meteoric rise, boasting a 284% price increase, outperforming Bitcoin and Ethereum, and eclipsing 75% of the top 100 cryptocurrency assets. NEAR is comfortably navigating the market a whopping 336.75% above its 200-day SMA, with an RSI of 40.43 suggesting a sideways move is possible. However, with high liquidity and a 30-day volatility of only 20%, NEAR remains a symbol of stability and a major contender for continued growth in the dynamic blockchain ecosystem.

2. United Nations

OKB (OKB) is a cryptocurrency introduced by OK Blockchain Foundation and OKEx, a famous cryptocurrency exchange in Malta. OKEx, ranked 3rd in liquidity and 4th in trading volume, is one of the world’s largest exchanges offering a variety of trading pairs. Unlike Binance, OKEx differentiates itself through its features focused on cloud mining services and options trading. OKB serves as OKEx’s utility token and facilitates fee calculation, voting rights, and user rewards.

OKB price chart

One of the unique aspects of OKB lies in its role within the OKEx ecosystem where token holders can receive up to a 40% discount on transactions based on token holdings. OKB also plays an important role in OKEx accumulation and fund allocation on the OKEx Jumpstart platform. OKB is an integral part of OKExChain, the exchange’s native blockchain, and supports a variety of trading functions and scalable applications through its layered architecture.

Experience the forefront of innovation with our technology 💪
– 🔄 Smart Account: Simplified, advanced technology with one-click functionality.
– 🆚 Existing accounts: Standard operation with multi-step approval process.
Learn more: https://t.co/B3xKwhPojY pic.twitter.com/pQBAYgbjNQ
— OKX (@okx) March 11, 2024

OKB’s value proposition is further strengthened by OKEx burning tokens regularly every three months, raising funds as part of fees and incentivizing new users with welcome bonuses. With a current price of $66.18 and a surge of 6.86% in 24 hours, OKB is trading 30.21% above its 200-day SMA, showing its resilience in the market. With bullish sentiment and a Fear/Greed Index of 82 (extreme greed), OKB remains bullish and positioned for potential growth.

three. eTuk Tuk (TUK)

The busy streets of many cities around the world are filled with the rumble of internal combustion engine (ICE) vehicles, especially the 270 million TukTuk-like three-wheelers. Surprisingly, these nimble modes of transportation emit more CO2 than everyday cars, worsening environmental problems. With energy prices soaring by up to 50% in some areas, drivers are caught in a financial spiral and struggling to make ends meet. Yet despite its urgency, no country has come up with a sustainable solution to this pressing dilemma.

Ituktuk It becomes a beacon of hope in the midst of chaos. eTukTuk is building a network of affordable charging stations and electric vehicles with a bold mission to tackle pollution and financial inequality head on. This is not just a charging station. We are strategically positioned to deliver superior charging efficiency to urban and suburban areas, delivering the promise of fresh air for drivers and passengers alike.

GM!
If you are still skeptical about participating in the pre-sale
Please read: https://t.co/QkBxPmk6H4
— eTukTuk (@eTukTukio) March 7, 2024

Aiming to transform the developing world and beyond, eTukTuk’s vision resonates with millions of people seeking a cleaner, more inclusive future. So it’s no surprise that they raised an impressive $1,945,526.12, inching closer to their pre-sale goal of $2,101,779. Rushing forward, Ituktuk We’re ready to revolutionize transportation and rewrite the narrative of environmental stewardship and financial empowerment.

Visit eTukTuk Presale

4. Floki Inu (FLOKI)

Floki Inu emerges as the public’s cryptocurrency champion. It’s rooted in the passionate community of Shiba Inu (SHIB) enthusiasts and pays homage to Elon Musk’s beloved pet. It serves as the driving force of the Floki ecosystem and promotes a variety of innovative utility projects seeking to redefine the cryptocurrency landscape. From Valhalla, the groundbreaking NFT game metaverse, to FlokiFi’s decentralized finance suite, Floki’s products cater to a variety of interests within the cryptocurrency community.

FLOKI price chart

Affectionately known as the “Floki Vikings,” the community behind Floki brings boundless passion and dedication to every aspect of the project. This commitment is evidenced by LunarCrush’s unwavering support and active participation, frequently ranking in the top 10 of social engagement rankings. Strategic partnerships with industry giants like Chainlink and Trader Joe’s are strengthening their efforts, solidifying Floki’s position as a force to be reckoned with in the cryptocurrency space.

FLOKI Surpasses $756 Million in Ecosystem-Wide TVL – Another All-Time High#Floki TVL surpassed $756 million across two key ecosystem products in just two days, following the previous record of $658 million.
– Floki Staking: $611.3M
– FlokiFi Locker: $144.9M
This TVL not only exceeds… pic.twitter.com/EM5TA4jEuP
— FLOKI (@RealFlokiInu) March 10, 2024

As Floki Inu continues to make waves in the cryptocurrency space, performance metrics speak volumes. With an increase of 17.87% in the last 24 hours, Floki’s price is $0.000282, proving its market presence. It has surged 768% over the past year, surpassing 90% of the top 100 cryptocurrency assets and surpassing powerful Bitcoin and Ethereum. Floki Inu is ready to lead the charge towards a brighter future in the cryptocurrency market.

5. Chainlink (LINK)

Founded in 2017, Chainlink is a blockchain abstraction layer that facilitates interconnected smart contracts. The decentralized Oracle network enables secure interaction between blockchain and external data sources, events, and payment methods, which is critical for executing complex smart contracts. An active open source community drives the Chainlink network, ensuring decentralized participation from node operators, data providers, developers, auditors, and researchers.

LINK price chart

LINK integrates off-chain data into smart contracts, attracting reputable data providers such as Brave New Coin, Alpha Vantage, and Huobi. These partnerships solidify our position as a leader in data processing. Allowing users to run nodes and earn revenue creates a decentralized ecosystem that is critical to blockchain success. A vast network of node operators powers the decentralized price feed oracle network, unlocking billions of dollars in value for top DeFi applications such as Synthetix, Aave, and Complex.

The current price is $21.24, up 6.05% in the last 24 hours. LINK shows strong performance in the market. Last year, it boasted a 242% increase and outperformed 67% of the top 100 cryptocurrency assets such as Bitcoin and Ethereum. Chainlink remains Neutral with an RSI of 61.91, trading 48.55% above its 200-day SMA. With a green day of 53% over the past 30 days and a 30-day volatility of 4%, Chainlink demonstrates high liquidity, which is essential for continued growth and stability.

.@Wemix Network—Produced by leading game developer Wemade— #Chainlink CCIP on mainnet.
WEMIX is powering its megagame ecosystem using CCIP as its exclusive cross-chain solution, starting with the omnichain version of the popular MMORPG Night Crows.
— Chainlink (@chainlink) March 11, 2024

Now let’s take a look at some news highlights about the latest events in the market. british Financial Conduct Authority (FCA) has approved authorized investment exchanges to launch UK-listed cryptocurrency asset-backed exchange-traded notes (ETNs) available only to professional investors. The FCA maintained its ban on cryptocurrency ETNs and derivatives for retail consumers, highlighting the need for orderly trading and investor protection.