Top Cryptocurrency Earners Today, April 17 – Akash Network, Chiliz, Axelar, NEAR Protocol

adminApril 18, 2024

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

After Iran’s attack on Israel, bitcoin It plummeted and experienced a sharp 10% drop that shocked the cryptocurrency market. As panic sets in, short-term traders are at risk of being liquidated, intensifying the noisy sell-off. Despite a slight recovery, uncertainty remains over Bitcoin’s fate, leaving experts and investors bracing for further declines.

Meanwhile, expectations are growing for Saturday’s halving event, which has historically been strong but tempered by recent price surges. Analysts expect the effects of reduced issuance to unfold gradually, minimizing immediate price volatility. However, past halvings have often been preceded by significant retracements, indicating a cautious approach among investors.

Biggest Cryptocurrency Earners Today – Top List

Amid the customary value fluctuations inherent in the cryptocurrency market, 13% of coins are experiencing positive momentum. “Cats in a dog world” has attracted savvy investors looking for profits, with an impressive 32.20% rise in the last 24 hours. Conversely, MANTRA DAO fell -16.73%, showing the biggest decline of the day, highlighting the volatility of the market. As we delve deeper into the complexities of these exercises, we’ll uncover the stories behind these four incredible numbers. highest return coin.

1. Akash Network (AKT)

Akash Network is a decentralized marketplace for cloud computing services that promotes transparent and secure transactions. It acts as an intermediary between providers and users, providing flexibility, usability, and cost-effectiveness. Users can seamlessly switch between cloud providers while earning money by renting computing capacity in a transparent, secure, decentralized community. Targeted at Web3 developers, Akash appeals to this audience by providing tools for easy decentralized application deployment. Additionally, Akash Network differentiates itself in the market by offering services similar to Amazon Web Services and Microsoft Azure at a lower cost.

AKT price chart

AKT has shown impressive growth, with its price surging 11.51% in the last 24 hours. Over the past year, its price has risen 1,076%, outperforming major cryptocurrencies such as Bitcoin and Ethereum. AKT trading above its 200-day simple moving average shows continued bullish momentum. Despite moderate volatility and low liquidity, the 14-day Relative Strength Index presents a neutral stance. With positive performance in 40% of the last 30 trading days, Akash Network presents an attractive investment opportunity.

The first set of Akash lessons is live on Coinbase Learn.
Get a network overview and learn how Akash Supercloud helps users access and monetize their computing resources. $AKT.
Get started @Coinbase App: https://t.co/r8ekXpJWK4 pic.twitter.com/Pd2SIvlntt
— Akash Network (@akashnet_) April 15, 2024

Additionally, Akash Network’s significant growth can be attributed to its strategic collaboration with Coinbase Prime. This partnership marks a milestone in raising AKT’s presence in the institutional investor community. Coinbase Prime’s secure custody solution makes AKT more accessible to institutional investors, broadening adoption and increasing trading activity. This increase in institutional interest has led to a significant increase in the price of AKT, signaling a new era of growth and potential for the project.

2. Chiliz (CHZ)

Chiliz is a leading digital currency designed for sports and entertainment, backed by the Malta-based fintech provider of the same name. Chiliz operates on the Socios blockchain platform at its core, which empowers users to manage their favorite sports brands. Socios allows fans to earn and utilize Fan Tokens to actively participate in club-related decisions, such as influencing jersey designs or team matchups. The platform bridges the gap between passive fandom and active participation, giving fans a stake in club decisions.

CHZ price chart

Chiliz’s use cases extend beyond fan engagement. Sports organizations leverage Chiliz technology to offer a limited supply of Fan Tokens through Initial Fan Token Offerings (FTOs). These tokens, purchased with CHZ, give fans voting rights on the Socios platform, all facilitated through smart contracts. Additionally, Chiliz has partnerships with leading sports organizations around the world. This includes FC Barcelona, Manchester City and Juventus Torino, enhancing fan interaction and creating new revenue streams for these organizations.

Bitcoin halving countdown ⌛
There are less than 4 days left #Bitcoin half.#Bitcoin halving ⚡️ $CHZ pic.twitter.com/m4DKYGjXoA
— Chiliz ($CHZ) – Sports Blockchain ⚽🏆 (@Chiliz) April 15, 2024

Despite the price falling 20% over the past year, it is trading 38.10% above its 200-day simple moving average. The recent 6.58% price surge signals a potential turnaround. With 53% of the last 30 trading days seeing positive performance and a 30-day volatility of just 10%, Chiliz offers a relatively stable investment option. High liquidity, evidenced by a market cap-to-volume ratio of 0.1620, suggests ample trading opportunities. CHZ’s innovative fan engagement approach and rising price make it an attractive investment prospect.

three. DOGEVERSE

Dogeverse, the latest meme coin sensation, has raised over $6 million in record time, showcasing its multichain concept. Operating on six chains, Dogeverse offers options for Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base, providing unparalleled flexibility. This diversity is a significant departure from the limitations of single-chain meme coins.

Another great milestone has been achieved. #DOGEVERSE! 🚀
It’s already surpassed $6 million! 💰
Cosmo couldn’t be happier! 🐾😊
continue #viceroy Lovers! 🌟 pic.twitter.com/JlXMxCfqoS
— DogeVerse (@The_DogeVerse) April 17, 2024

The pre-sale structure is well planned with a soft cap of $8.835 million over 10 phases and a hard cap of $170.02 million over 6 phases. This ensures controlled progress and provides transparent opportunities for investors. The project will allocate 15% of the 200 billion Dogeverse tokens until the soft cap is reached. Investing 28.5% to increase the hard cap shows confidence in the potential success of the project.

Dogeverse also allows investors to earn passive income through token staking. As pre-sales continue, smart investors are urged to seize this opportunity before it’s too late. With Doge Day fast approaching, demand for dog-themed meme coins is skyrocketing and Dogeverse has established itself as a major contender with significant profits in sight. As the project gains momentum, early adopters can benefit from its unique features and promising prospects.

Visit Dogeverse Presale

4. Accella (AXL)

Axelar is a project focused on enabling secure cross-chain communication in Web3. We provide a decentralized network and tools to help decentralized application (dApp) builders achieve seamless cross-chain communication. The protocol suite, tools, and APIs provided by Axelar facilitate these goals. AXL serves as the native token of the Axelar network and supports cross-chain transfers of various native tokens such as AVAX, ETH, FTM, GLMR, and MATIC through a wrapped ERC-20 version.

Its value proposition lies in its unique approach to securing cross-chain communications by leveraging a dynamic verification system and a proof-of-stake consensus mechanism. Unlike projects that use optimistic settings or federated multi-sig, Axelar stands out in that it builds these capabilities into a PoS framework. Axelar also simplifies the development process for application developers. It provides protocols, APIs, and developer tools so you can build cross-chains without having to learn a new programming language.

AXL price chart

Analyzing Axelar’s performance metrics reveals positive trends. The current price of AXL is $1.146167, up 5.18% in the last 24 hours. Over the past year, the price has surged 111%, trading 140.84% above the 200-day simple moving average (SMA). At the same time, the 14-day Relative Strength Index (RSI) is neutral, with most of the last 30 trading days being positive (40%). Cryptocurrencies have a relatively low volatility of 18%. Additionally, Axelar shows high liquidity with a trading volume to market capitalization ratio of 0.0618, indicating favorable market conditions for investors.

5. NEAR Protocol (NEAR)

The NEAR Protocol distinguishes itself as a community-run cloud computing platform. Its design aims to overcome limitations that exist in other blockchains. The innovative approach solves problems such as low transaction rates and poor interoperability. It provides a user-friendly environment for decentralized applications (DApps). NEAR introduces human-readable account names. It also uses the “Doomslug” consensus mechanism to ensure ease of use and efficient operation.

NEAR price chart

Projects like Flux and Mintbase demonstrate real-world applications of the NEAR protocol. Take advantage of extensibility and developer-friendly features. NEAR’s Nightshade technology significantly improves transaction throughput. Reach up to 100,000 transactions per second with near-instant finality. A streamlined onboarding process complements this milestone. It features human-readable addresses and modular components that facilitate rapid application development.

Some of the most innovative teams in the world call the NEAR Protocol their home.@auroraisnear Forwarder has been released. Anyone can withdraw NEAR native stablecoins from CEX directly to their Aurora account.
from now on. together. 💚💚 https://t.co/oYRfwTZypp
— NEAR Protocol (@NEARProtocol) April 16, 2024

The price of NEAR Protocol is $5.45, surging 5.66% in the last 24 hours. Over the past year, prices have risen 132%, reflecting its growth trajectory. NEAR is trading 238.73% above its 200-day SMA, showing strong bullish momentum. However, with the 14-day RSI at 40.43, the cryptocurrency appears neutral and is capable of sideways trading. Despite this, 43% of the last 30 trading days were positive. NEAR also boasts low volatility, with a 30-day change rate of 9%, and high liquidity, boasting a volume-to-market-cap ratio of 0.2202.