Top Cryptocurrency Earners Today March 31st – Maker, Flare, Floki Inu, JasmyCoin

adminApril 1, 2024

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Last week, major cryptocurrencies such as Bitcoin and Ethereum showed significant growth, with the price of Bitcoin rising 9.7% and the price of Ethereum rising 5.1%. Factors contributing to this rally included significant net inflows into Bitcoin ETFs in excess of $243.4 million. This was especially noticeable for the ARK 21 Shares Bitcoin ETF, which saw net inflows of $207 million.

Additionally, expectations of an imminent Bitcoin halving in early April have increased market optimism. This is because historical patterns suggest a possible price surge following the event. In parallel, Ethereum There were also notable gains amid new registration applications for Fidelity Investments and Bitwise’s spot Ether ETF. The prospect that these ETFs will expand investment options for individual traders has bolstered market optimism.

Biggest Cryptocurrency Earners Today – Top List

As the cryptocurrency market continues to undergo unpredictable fluctuations, trading volume currently stands at $230.5 billion, signaling a flurry of activity. Market sentiment remains optimistic, with the Fear and Greed Index sitting at 75, indicating prevailing optimism among investors. Of these, 13% of coins are currently experiencing upward momentum, with notable gainers such as Cat in a Dogs World registering a growth of 39.00% in the last 24 hours. However, declines are also occurring, with Raydium seeing the biggest decline today, losing 9.22% over the same period. In this mixed movement environment, top winner We scrutinize their unique attributes to guide strategic investment decisions.

One. Maker (MKR)

Maker is the governance token of MakerDAO and the Maker Protocol, a pivotal component within Ethereum’s decentralized finance (DeFi) ecosystem. Maker, which facilitates the issuance and management of the DAI stablecoin, is essential to maintaining stability and governance within this system.

MKR price chart

Uniquely, MKR holders have significant influence over the development of DAI and the Maker Protocol. With voting rights proportional to their MKR stake, holders have significant influence over the development of DAI and the Maker Protocol. You can shape various protocol parameters, including adding new collateral assets, adjusting risk parameters, and choosing oracles that are important for off-chain data reliability.

Maker will deploy a 100 million DAI direct deposit module on Morpho Blue’s Spark’s sUSDe/DAI and USDe/DAI markets, providing overcollateralized scalable liquidity for users interested in increasing exposure to Ethena assets.
Through @sparkdotfiWe have collaborated with… pic.twitter.com/AEZlUASGsT
— Maker (@MakerDAO) March 29, 2024

Maker is a prominent DeFi company that ranks 5th by market capitalization. The current price is $3,846.67, a whopping 457% increase in price over the past year. Trading well above its 200-day simple moving average of $1,747.94, Maker is showing signs of bullish momentum. Despite volatility reaching 18% in the last 30 days, Maker maintains high liquidity with a trading volume to market capitalization ratio of 0.0549. These indicators collectively highlight Maker’s strong position within DeFi, providing insight to potential investors.

2. Flare (FLR)

Flare is an innovative blockchain project that aims to bridge the gap between cryptocurrencies with and without smart contract functionality. It provides a solution for assets like XRP that lack native support for Turing-complete smart contracts. The Flare Network allows holders of these assets to transfer and display their assets as FXRP, unlocking the potential of previously inaccessible decentralized finance applications.

FLR price chart

What sets Flare apart is its ability to provide users with a way to participate and contribute to governance through the FLR token. Beyond simply facilitating transactions, FLR holders play an active role in the governance of the Flare Network. It also contributes to the Flare Time Series Oracle (FTSO), a critical component that integrates off-chain data into the network. This not only improves the functionality of the network, but also rewards participants for their contributions, providing an additional incentive for users to participate in the platform.

We’ve grown to a whopping 482,000 wallet addresses (60,000 more since December 2023). ☀️
It’s time to revisit some little-known facts. $FLR…
Did you know? 58.3% of Genesis Flare supply is allocated to the community.
🔎 https://t.co/XcklBBvOzv pic.twitter.com/obLLLJBxYD
— Flare ☀️ (@FlareNetworks) March 30, 2024

For investors keeping a close eye on Flare, the latest price is $0.037132, showing a strong surge of 6.17% in the last 24 hours. Surprisingly, Flare remains stable, trading 27.49% above its 200-day SMA. Despite experiencing moderate volatility of 12%, liquidity remains very high, boasting a volume to market capitalization ratio of 0.0347. Additionally, Flare’s strategic positioning to enable smart contracts for major cryptocurrencies such as Bitcoin and XRP demonstrates long-term growth potential.

three. eTuk Tuk (TUK)

eTukTuk’s The initiative extends beyond the introduction of the new $TUK cryptocurrency. It represents a comprehensive approach to make a significant impact in the fight against climate change. The project is dedicated to reducing carbon emissions, addressing CO2-related health issues and promoting financial inclusion, especially in developing countries. This multifaceted approach positions eTukTuk as a key player solving pressing global challenges.

We’ve reached a major milestone of raising $2 million in pre-sales!
Thank you for your support.
Rest assured. These funds will fuel our mission for a sustainable future 🚀https://t.co/4kiTWB8U8Z
— eTukTuk (@eTukTukio) March 20, 2024

In recent months, eTukTuk has achieved important milestones including unveiling its prototype, publishing a power staking paper, and establishing offices in Sri Lanka and Singapore. Additionally, the strategic partnership with Capital Maharaja Group, a leading conglomerate in Sri Lanka, signals eTukTuk’s commitment to market expansion and influence. This collaboration highlights the project’s commitment to broadening its reach and maximizing its impact.

The success of the pre-sale, which raised $2,667,293.88 of the $2,679,353 goal, reflects strong investor interest and confidence in the project. This performance, combined with the current token price of $0.029, indicates positive momentum as the project approaches its anticipated listing. However, investors should note that there is a one-day window until the next expected price increase. This suggests a potential opportunity for investors to make informed decisions within this period by considering: eTukTuk’s Progress and market dynamics.

Visit Ituktuk pre-sale

4. Floki Inu (FLOKI)

Floki Inu is a cryptocurrency born from the passion of the Shiba Inu (SHIB) community, inspired by Elon Musk’s beloved dog Floki. Designed to be the “people’s cryptocurrency,” Floki aims to transcend meme status by integrating utility into its ecosystem. Built on four major utility projects, including an NFT game metaverse called Valhalla and a suite of decentralized finance products by “FlokiFi,” the token is looking to carve out a niche in the cryptocurrency landscape.

FLOKI price chart

Differentiating itself from other meme coins, Floki strives to blend memes with practical utility. The long-term vision is to build an autonomous, decentralized ecosystem featuring strategic partnerships and the development of diverse use cases, from NFTs to decentralized finance capabilities. At the center of the ecosystem is Valhalla, conceived as a play-to-earn gaming metaverse where players can battle, trade, and earn rewards similar to successful games like Axie Infinity.

ICYMI: Floki is preparing to introduce regulated digital banking accounts under an ambitious roadmap. With debit card and staking service plans, #Floki We aim to solidify our position as a significant competitor…
—BSCN (@BSCNews) March 31, 2024

Floki shows impressive growth metrics at its current price of $0.000248. It has surged a remarkable 3.46% in the last 24 hours and is up an exceptional 638% over the past year. Trading 816.72% above its 200-day SMA, Floki shows stability at 30% despite moderate volatility. Additionally, with a strong liquidity ratio of 0.1884, Floki presents an attractive investment proposition backed by an active community and pioneering utility initiatives.

5. JASMY

JasmyCoin represents a cryptocurrency venture launched by Jasmy Corporation in Tokyo and focuses on innovation in the Internet of Things (IoT) niche. Integrating blockchain and IoT technologies aims to give users control over their own data. Create a secure environment for data exchange within the platform.

JASMY price chart

Jasmy differentiates itself by providing a decentralized model that ensures data sovereignty and confidentiality. Edge computing and IPFS allow users to maintain ownership of their data while giving service providers access to promote their services. This innovative approach not only improves security and trust, but also pioneers a new paradigm in IoT data management.

#jasmi and #Panasonic Advanced technology collaboration for IoT platform development!
Check out the press release article here! https://t.co/dgaSemOx93
Translated version https://t.co/XfpaRSTV6q$Jasmy
— Jasmy-MGT (@JasmyMGT) March 26, 2024

In a recent announcement, JasmyCoin announced a strategic partnership with tech giant Panasonic. The goal is to develop a Web3-based platform that combines blockchain technology and IoT. This collaboration promises to transform data management in IoT while delivering improved security, data ownership, and interoperability.