Top Cryptocurrency Earners Today, May 12 – Bitcoin Gold, Immutable X, Mina Protocol, Helium

adminMay 13, 2024

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In the last 24 hours, the price of Bitcoin rose to $60,920, up 0.05%, increasing its market capitalization to $1.2 trillion and a dominant market share of 52.85%. Over the past 5 years, Bitcoin It soared by a whopping 1,000%. It outperformed traditional assets such as the Nasdaq-100 index, which rose 128% during the same period.

Going forward, Bitcoin’s scarcity, with only 21 million coins currently in circulation, suggests further price rises. Robust financial infrastructure and regulatory approvals further support this outlook. However, risks such as regulatory bans or technical vulnerabilities highlight the need for caution. Nonetheless, when considered carefully, Bitcoin stands out as a powerful asset for a long-term investment strategy. The same goes for the top gainers we selected today.

Biggest Cryptocurrency Earners Today – Top List

today’s Best Cryptocurrency Earner We provide a variety of solutions within the blockchain ecosystem. Bitcoin Gold offers a user-friendly alternative to Bitcoin, while Immutable X revolutionizes NFTs on Ethereum. The Mina protocol focuses on improving DApp efficiency, while Helium is leading the revolution in IoT communications. In a market where only 16% of cryptocurrencies are experiencing positive movement, this upward trend offers hope for investors seeking growth. In the past 24 hours, Bitcoin Gold has surged 7.52%, Immutable

One. Bitcoin Gold (BTG)

Bitcoin Gold is presented as a user-friendly alternative to Bitcoin. It combines Bitcoin’s powerful blockchain with innovative developments to begin expanding opportunities for DeFi and DApp creators. Its goal is to democratize access and foster innovation in the cryptocurrency space.

BTG price chart

Unlike Bitcoin, BTG introduced Equihash PoW, a GPU-friendly algorithm to promote decentralization. This will encourage broader participation, allowing more individuals to secure the network. These changes aim to level the playing field and allow more individuals to secure their networks. Additionally, BTG’s open source protocol promotes a community-driven approach to governance and development. We emphasize decentralization and accessibility for a more inclusive ecosystem.

A few days after Bitcoin’s halving, BTG’s halving reached block 840,000.
The block reward is now 3.125BTG.
Wait a minute, didn’t Bitcoin’s 2020 halving come *after* BTG’s 2020 halving? Why not now? Don’t they both come every 210,000 blocks? (1/2)
— Bitcoin Gold (BTG) (@bitcoingold) April 25, 2024

Looking at market performance, BTG has shown remarkable growth and stability recently. The current price is $36.28, up 7.52% in the last 24 hours. Over the past year, BTG’s price has soared 186%, outperforming many existing assets. It is trading at $24.16, almost 50% above its 200-day simple moving average (SMA), showing resilience and optimism among investors. A neutral 14-day RSI and a positive trend of 37% over the past 30 days show growth potential. Despite low liquidity, with a volume-to-market-cap ratio of 0.0020, the market capitalization of $634.71 million indicates growing confidence in its long-term prospects.

2. immutable

Immutable X is transforming NFTs on Ethereum by providing a layer 2 scaling solution. Addresses limitations of Ethereum such as scalability and high gas fees. It also provides instant transactions and massive scalability without compromising security. Immutable X allows users to create and distribute assets such as ERC-20 and ERC-721 tokens at scale. This has led to projects like Gods Unchained being built on that platform.

IMX price chart

IMX is one of the first layer 2 solutions to utilize zk-rollup and is at the forefront of development in the Ethereum ecosystem. Promised transaction speeds of over 9,000 tps position it as a potential default “NFT blockchain.” The protocol’s API abstraction layer simplifies NFT-related interactions, attracting new participants and promoting a seamless wallet experience. A shared global order book and support for third-party marketplaces also lower the barriers for content creators and developers.

🎮@moba_aof Immutable is released on zkEVM. @0xpolygon!
With the support of Tencent, Faith is pioneering a new era in MOBAs around the world with Arena of Faith. Their team has experience developing titles including SMITE at Ubisoft Chengdu and Tencent Tianmei Studio. pic.twitter.com/IVZ62YtXWP
— Immutable (@Immutable) May 10, 2024

IMX is showing impressive growth at a price of $2.28, soaring 5.46% in the last 24 hours and an impressive 207% gain over the past year. It is showing continued bullish momentum, exceeding the 200-day simple moving average by 151.78%. Despite a neutral 14-day RSI of 65.36, 13 of the last 30 trading days have been positive, accounting for 43%. Immutable X also offers stability with a 30-day volatility of 6%. The market capitalization to trading volume ratio is 0.0318, indicating efficient trading opportunities.

three. Five Scape (5SCAPE)

The 5th Scape Presale offers a unique opportunity to participate in the development of a hyper-realistic game. This game promises to redefine the virtual reality gaming experience. The project aims to raise the funds needed to push the boundaries of VR gaming innovation by offering its own cryptocurrency, 5SCAPE.

🥊 Exciting news, fighting with the fans! 🥊 Enter the adrenaline-pumping world of mixed martial arts with “MMA Cage Conquest,” the ultimate VR experience for MMA enthusiasts.
🎮 Now available in beta version on the META Store!
Make payment 👉https://t.co/ocnZmChmKV
🚀 Train, fight, and… pic.twitter.com/sekC30LWFV
— 5th Scape (@5th_scape) May 9, 2024

With $5.87 million in funding secured, interested investors will still have the opportunity to contribute and support the project vision. The current price of 5SCAPE is $0.00327, offering early backers significant profit potential compared to the $0.01 listing price. Investors can now earn returns of more than 200% upon listing, with the potential for a surge in demand after launch.

5SCAPE tokens, which can be purchased with ETH, card, MATIC, BNB or USDT, will power 5th Scape’s VR gaming ecosystem. This will establish itself as the backbone of the platform, facilitating transactions and unlocking rewards. It presents an attractive investment opportunity for those exploring virtual reality games. However, prospective investors should do their research before purchasing 5SCAPE tokens to ensure an informed decision.

Check out the 5th Scape Presale

4. Mina Protocol (MINA)

Mina Protocol is a leading blockchain project focused on minimizing computational requirements to improve DApp efficiency. Mina, which has established itself as the world’s lightest blockchain, maintains a constant size despite increasing usage. This ensures a balanced combination of security and decentralization. Originally known as Coda Protocol, the project was rebranded as Mina in October 2020.

MINA price chart

Mina aims to build an efficient decentralized payment system by adopting a “simple blockchain” model. Zero-knowledge compact non-interactive knowledge acquisition (zk-SNARK) allows users to check the platform in the genesis block. We also compute SNARKs incrementally to focus on recent blocks. This innovative approach enhances security while optimizing network scalability and performance.

wen?
June. pic.twitter.com/EzUGVWO5VW
— Mina Protocol (httpz) 🪶 (@MinaProtocol) April 22, 2024

The current price of MINA is $0.799215 and has experienced a slight increase of 1.54% in the last 24 hours. In particular, prices have risen 41% over the past year, reflecting the potential for long-term growth. MINA remains strong in the market, trading comfortably at $0.568209, 40.94% above its 200-day SMA.

Despite a neutral 14-day RSI of 46.98, the cryptocurrency has seen a positive trend in 47% of the last 30 trading days. The high liquidity ratio of 0.0548 makes it more attractive to investors. With a low 30-day volatility of 7%, MINA provides a lucrative investment opportunity for those seeking stability and growth in the cryptocurrency market.

5. Helium (HNT)

Helium is a decentralized blockchain-based network that improves the communication capabilities of Internet of Things (IoT) devices. The mainnet allows low-power wireless devices to communicate and send data over a network of nodes, which are often hotspots. These hotspots, comprised of wireless gateways and blockchain mining devices, allow users to mine HNT and earn rewards.

HNT price chart

Helium aims to revolutionize IoT communications by solving current infrastructure limitations. These efforts promoted decentralization, earning it the nickname “The People’s Network.” Attract the attention of device owners and IoT enthusiasts with financial incentives that drive participation, making them more likely to apply. Powered by a proof-of-coverage consensus algorithm, the network guarantees consensus between nodes even under varying connectivity conditions. Users also transact with HNT using Data Credits, a separate token linked to individual users.

Amplified locations are now available across LA!🌆
Helium mobile hotspots deployed in these locations can earn additional mobile rewards by providing service where it is needed most.
Learn more about enhanced locations 👉https://t.co/xj1Qs3WLkz#HeliumMobile #LACoverage… pic.twitter.com/b64ryyUwpc
— Helium Mobile (@helium_mobile) May 9, 2024

HNT has seen steady price growth over the past year, soaring by 246%. Currently trading at $4.82, the price has surged 2.56% in the last 24 hours, reflecting continued investor interest. Bulls appear bullish as the stock is trading 114.14% above its 200-day simple moving average. However, caution is warranted as the 14-day RSI indicates overbought and potentially an imminent correction. Additionally, with a 30-day volatility of 14%, HNT’s liquidity appears to be relatively low, with a volume-to-market cap ratio of 0.0097. This suggests that liquidity is limited, with a market capitalization of $776.16M and 24-hour trading volume of $7.50M.