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Top Cryptocurrency Earners Today, June 8 – Friend.tech, Filecoin, Sei, Wormhole

adminJune 8, 2024

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for $69,280; Bitcoin’s current value It is down 2.73% in the last 24 hours and has a dominance of 53.18% with a market capitalization of $1.37 trillion. The decline is driven by a roller coaster US jobs report and a surprise interest rate cut by the European Central Bank (ECB).

Despite a surge in job creation, the 4% unemployment rate has dragged down the value of Bitcoin. The ECB’s unprecedented interest rate cut from 4% to 3.75% will stimulate liquidity, potentially increasing Bitcoin’s appeal among investors. Meanwhile, over the same 24 hours, the global cryptocurrency market capitalization fell 3.01%, reaching $2.69 trillion.

Biggest Cryptocurrency Earners Today – Top List

With activity in the global cryptocurrency market declining over the past 24 hours, the report shows that only 7% of cryptocurrencies recorded profits during this period. Among these, a few selected tokens offer promising investment opportunities. Tokens such as Friend.tech, Filecoin, Sei, Wormhole, etc. appeared. top winner. Friend.tech’s FRIEND token rose 8.29% to $1.29, Filecoin rose 6.80% to $6.34, Sei rose 4.30% to $0.53378, and Wormhole rose 10.23% to $0.746712.

One. Friend.tech (Friend)

Friend.tech is a social tokenization network where users buy and sell work to chat or access their favorite content. Shortly after launch, it gained over 100,000 users, including NBA player Grayson Allen and cryptocurrency influencers like Cobie and Gainzy.

Users connect their Twitter accounts to create a group chat as a “creator,” and others join by issuing a creator’s key. In chat settings, only the author can see all messages, and the key holder can only see the author’s messages. Key prices increase due to new minting and decrease due to redemption.

friends price chart

Keys are traded according to a binding curve to encourage early participation. Users can create multiple keys to guess future price increases. Each time a key is created or exchanged, a 10% fee is split between the creator and the protocol.

Friend.tech uses a built-in wallet powered by Privy for a seamless self-management experience. Unlike traditional wallets, embedded wallets install with the app, simplifying onboarding new cryptocurrency users by skipping steps like downloading software and saving mnemonic phrases.

FRIEND’s value is currently at $1.29, up 8.29% in the last 24 hours. However, it has seen a significant decline of 50.6% over the past 30 days. The 14-day RSI is 17.65, indicating that the cryptocurrency is oversold and could soon rise. Over the past month, 12 green days have contributed to a 30-day change of 21%. It has a medium level of liquidity with a trading volume to market capitalization ratio of 0.0117.

2. Filecoin (FIL)

Filecoin is a decentralized storage system that stores humanity’s most important information. This is an incentive layer for the Interplanetary File System (IPFS) where users pay for storage and distribution services using $FIL.

Filecoin’s blockchain records participants’ commitments through transactions based on proof-of-replication and space-time proofs. Filecoin’s open source nature allows developers to create cloud storage services, allowing users to store data or make money by providing storage space.

FIL price chart

Filecoin’s decentralized approach protects data integrity, making it easily discoverable and difficult to censor. Unlike traditional cloud storage companies, Filecoin allows individuals to become stewards of their data. The network incentivizes honest behavior by offering participants more block rewards in return for storing more data.

Clients, storage miners, and retrieval miners interact closely within the system to conclude transactions and exchange information through FIL payments. This structure ensures a competitive and secure environment for data storage and retrieval.

The current price of Filecoin is $6.34, up 6.80% in the last 24 hours. Over the past year, prices have soared 56%. Despite outperforming only 35% of the top 100 crypto assets, Filecoin is trading 5.07% above its 200-day SMA of $6.02.

It shows moderate stability, with 15 green days and a 3% fluctuation over the last 30 days. The high liquidity of the network is evident with a market capitalization of $3.52 billion and a 24-hour trading volume of $1.6 billion, supported by a volume-to-market-cap ratio of 0.4546.

three. PLAY

playdoji Following an initial influx of $200,000, it quickly gained momentum, raising an impressive $3.1 million in pre-sales in just one week. The ongoing pre-sale offers tokens at a low price of $0.00502 per token, with less than two days left until the price increases to $0.00503 in the next phase. This gives investors the best opportunity to secure $PLAY at lower interest rates before price adjustments.

PlayDoge mixes elements of the iconic Doge meme with nostalgic Tamagotchi games from the 90s. Players earn tokens through in-game activities and adventures as they care for their virtual Shiba Inu pet. Top-performing players can receive additional rewards and recognition on the game’s leaderboards, enhancing the competitive and rewarding aspect of the gameplay experience.

PlayDoge also offers a variety of ways to earn tokens, including in-game purchases, staking, and exchanging for other cryptocurrencies. Early stakers can enjoy an attractive APY of 182% and encourage passive token accumulation.

Operating on Binance Smart Chain and Ethereum, PlayDoge strengthens its market presence and liquidity prospects by increasing its visibility and potential for listing on major exchanges. Additionally, with continued development playdoji With the app and a solid roadmap in place, we expect positive response during pre-sale to accelerate progress toward achieving our goals.

Visit PlayDoge Presale

4. SIX

Sei is the first layer 1 blockchain explicitly tailored for transactions. By providing critical advantages to decentralized exchanges (DEXs), Sei is positioned at the center of the cryptocurrency, NFT, and gaming ecosystems.

We design our DEX with stability, scalability, and speed as top priorities to ensure your DEX runs smoothly. Unlike traditional blockchains, which often struggle with these requirements and suffer costly downtime, Sei addresses these issues head-on.

SEI price chart

Sei supports a variety of financial applications, from derivatives to asset management solutions. SEI, the native token, plays an important role in transaction fees, staking, and network governance. This creates a dynamic, community-driven ecosystem where users have a say in its evolution.

A strong security framework leverages cutting-edge technologies and emphasizes transparent governance. Strategic cooperation with well-known enterprises such as Coinbase, Jump, Layer Zero and Multicoin Capital further enhance Sei’s development and innovation capabilities.

The price of Sei is $0.53378, up 4.30% in the last 24 hours. Over the past month, it has risen for 11 consecutive trading days, showing a steady rise of 1.5%. The 14-day RSI of 48.79 suggests a neutral market sentiment, while the 30-day volatility remains low at 5%, indicating stability. Sei shows high liquidity with a market capitalization of $1.56 billion and a 24-hour trading volume of $430.26 million. These strong metrics highlight Sei’s stability and growth potential, making it an attractive option for investors.

5. Wormhole (W)

Wormhole is a decentralized protocol created by Jump Crypto, first launched in 2021 as a token bridge. This facilitates token transfer and communication between blockchains such as Solana and Ethereum.

With Wormhole V2, it has evolved into a general messaging protocol that allows various blockchains and decentralized applications to communicate seamlessly. The protocol supports over 30 blockchains and has processed over $40 billion in value transfers.

wormhole price chart

There are many use cases for wormholes. Token transfer between chains is possible, enabling cross-chain governance and NFT transfer. Multichain games can take advantage of this technology. The protocol has been expanded to include Terra and BNB smart chains.

Wormhole also supports Wormhole ZK for zero-knowledge proofs, Wormhole Queries for blockchain data access, Wormhole Gateway for connecting Cosmos liquidity to Ethereum, Wormhole Connect for easy token bridging, and Wormhole Connect for synchronized token state across chains. We offer products such as basic token transfers.

In terms of performance, the price of Wormhole is currently at $0.746712, surging 10.23% in the last 24 hours. Over the past 7 days the price has risen 29.2%, and over the past 30 days it has risen 24.5%. Since 14 out of 30 days are green days, the 30-day volatility is 6%. The market capitalization is $1.35 billion, the 24-hour trading volume is $1.04 billion, which means it is highly liquid and has a market capitalization-to-volume ratio of 0.7729. This data suggests strong interest and activity, making Wormhole a notable investment.

Learn more

PlayDoge (PLAY) – Latest ICO on BNB Chain

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  • 2D Virtual Doji Pet
  • Play to earn Meme Coin Fusion
  • Staking and in-game token rewards
  • SolidProof Thanks – playdoge.io

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adminJune 8, 2024

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