Top Cryptocurrency Earners Today May 3 – Hedera, Decred, VeThor Token, Immutable

adminMay 4, 2024

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The cryptocurrency sector has achieved: federal reserve bank Chairman Jerome Powell’s remarks yesterday. Chairman Powell hinted that the Fed’s next action would likely be lower, surprising markets and triggering a surge in risk assets. For example, Bitcoin and Ethereum saw 24-hour movements of 3.8% and 2.2%, respectively, reflecting investor optimism.

Moreover, the impossibility of raising interest rates has made analysts optimistic about this coin. Low interest rates are expected to devalue the U.S. dollar, causing capital to flow into cryptocurrencies as a store of value. Ethereum, which has become the second-largest cryptocurrency by market capitalization, stands to benefit from this trend. Expectations of SEC approval for an Ethereum ETF strengthen the outlook as supply and demand dynamics are expected to improve.

Biggest Cryptocurrency Earners Today – Top List

today’s Best Cryptocurrency Earner These include Hedera (HBAR), Decred (DCR), VeThor Token (VTHO), and Immutable X (IMX). HBAR soared 9.97%, demonstrating resilience and stability even amid market volatility. DCR also showed a notable increase of 9.80%, highlighting its consistent performance and solid fundamentals.

VTHO showed dynamic momentum with a surge of 11.44%, reflecting strong investor interest in the utility within the VeChainThor ecosystem. IMX witnessed an impressive 11.24% increase, indicating the potential to reshape NFTs on Ethereum while maintaining stability amid market fluctuations. To learn more about what makes this champion stand out, let’s take a closer look at its unique features and development process.

One. Ivy (HBAR)

Hedera shines as a catalyst for the decentralized economy by providing a sustainable, enterprise-grade public network. We overcome the limitations of existing blockchains by helping individuals and businesses create powerful DApps. Additionally, its versatility fosters innovation and addresses the shortcomings of existing platforms. HBAR, Hedera’s native cryptocurrency, powers network services and enhances security through staking. It plays a pivotal role in facilitating transactions and maintaining the integrity of the platform.

HBAR price chart

In recent news, Diamond Standard is reimagining diamond investing, democratizing access to these coveted assets. Leverage Hedera’s Token Service (HTS) to tokenize diamonds to bridge physical and digital spaces. Each container, secured in a tamper-evident container, contains a standardized set of diamonds, represented as “merchandise tokens.” Hedera’s strategic move in this direction is consistent with its commitment to carbon neutrality, which reflects its values of environmental responsibility. This highlights the platform’s commitment to sustainability and social responsibility.

💎 Hedera’s Diamond Tokenization 💎@Diamond Standard They announced that they will be migrating from Ethereum to Ethereum. @girl name. Learn how we are embracing Hedera’s technology to make your diamond investments more secure and sustainable. 💎💎 $HBAR $carathttps://t.co/5Y1UgATMAn
— Generation Infinity (@GenfinityIO) April 30, 2024

Keeping these recent developments in mind, HBAR price action shows a positive trend in the market. The current price is $0.105956, up 9.97% in the last 24 hours. Based on 30.04% higher liquidity than the 200-day SMA and high liquidity (0.1172 trading volume to market capitalization), HBAR maintains stability despite volatility. A 30-day volatility of 14% indicates reduced investment risk. Additionally, HBAR’s market dominance is 0.17%, reflecting its influence in the cryptocurrency market. These metrics confirm HBAR’s credibility and attractiveness to investors seeking stability and growth in the digital asset space..

2. Decred (DCR)

Decred is a decentralized cryptocurrency that integrates a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus system. The community-led governance model ensures transparency and prevents manipulation by large holders. Decred’s unique approach allocates 60% of mining rewards to miners and 30% to PoS participants who validate transactions. In particular, 10% of the rewards will be contributed to project finances to promote continuous development.

DCR price chart

This self-funding mechanism strengthens Decred against potential disruptions and promotes long-term sustainability. Decred uses both PoW and PoS to enhance security by mitigating the vulnerabilities inherent in each system. The Politeia platform allows stakeholders to actively shape Decred’s future, directly influencing development decisions. Decred’s layered consensus mechanism ensures robustness against malicious activity, requiring significant hash power and stake for successful attacks. This demonstrates our commitment to security and community-centered governance.

Is Decred’s Lightning Network non-custodial?
Addresses misunderstandings and misinformation surrounding the non-custodial nature of the Lightning Network. https://t.co/6KgU4vIJlt
— Decred (DCR) (@decredproject) April 23, 2024

The current price of Decred (DCR) is $20.99, surging 9.80% in the last 24 hours. Despite its market dominance of 0.02%, Decred has grown 20% over the past year and is trading at $17.84, 17.54% above its 200-day SMA. With a neutral 14-day RSI of 44.14 and a balanced number of green days (47%) over the last 30 trading days, Decred shows stability. The 30-day volatility is as low as 9%, ensuring a stable trading environment, but liquidity is relatively low with the trading volume to market capitalization ratio of 0.0088. Nonetheless, Decred’s consistent performance and solid fundamentals indicate potential for long-term growth and stability.

three. Winner AI (WAI)

WienerAI’s The appeal of integrating AI technology, dog loyalty, and cryptocurrency trading into an unprecedented convergence is undeniable. It claims to be the pinnacle of beginner-friendly trading bots that promise accessibility and innovation. It also offers customized prediction technology, seamless swaps, zero commissions and MEV protection to give traders a distinct competitive advantage.

tail wagging success
Wiener AI has raised over $500,000 in funding! 🌭🚀 pic.twitter.com/7aB1wXg5PZ
— WienerAI (@WienerDogAI) April 29, 2024

In the pre-sale phase, WienerAI has already raised more than $902,654.8 out of $1,123,057, garnering attention and momentum for its unique features. At $0.000703 per $WAI, WienerAI serves as a beacon of opportunity in the market. Built on the Ethereum network, WienerAI builds its blockchain foundation based on the ERC20 native token ($WAI). Tokenomics includes a distribution where 30% is allocated to pre-sale, 20% each to staking and community rewards, 10% to liquidity, and 20% to marketing.

The WienerAI master plan is deployed with precision. Starting with the launch of Sausage Army and successful pre-sales, detailed preparations and a global marketing campaign will follow. The plan evolves through expansion of the Sausage Army, collaboration with key opinion leaders, and acquisition of the Ethereum network. Finally, the long-awaited token listing marks the public launch of $WAI. Winner AI Trading Bot – An AI-based trading partner that provides the competitive advantage investors seek.

Visit Wienerai Presale

4. Vitor Token (VTHO)

VeChainThor, a prominent public blockchain, uses two tokens: VeChain Token (VET) and VeThor Token (VTHO). VET serves as the platform’s native token, while VTHO is important for facilitating transactions and powering the smart contract layer. VTHO, the VIP-180 standard token, ensures smooth operation within the VeChainThor ecosystem. Unlike VET, which primarily functions as a value transfer token, VTHO’s importance lies in its role as a transaction facilitator.

VTHO price chart

VeChainThor’s innovative dual-token system enhances investor engagement by providing a variety of participation opportunities. Additionally, blockchain’s strong security is based on the Proof of Authority (PoA) consensus mechanism. Authority Masternodes (AM), approved by the VeChain Foundation, ensure network integrity by verifying transactions. VTHO’s compatibility as an ERC-20 coin further increases its appeal, allowing for flexible storage across a variety of cryptocurrency wallets. VTHO embodies both utility and growth potential within VeChainThor, making it attractive to investors seeking blockchain exposure.

⚡ @vechainofficial $VET Since 2017, we have been a pioneer in enabling real-world asset digitization.
that much #VeChainThor Blockchain is built to drive mass adoption of this technology across industries through sustainability.
Here are the latest updates:
✅ @UFC We have integrated VeChain… https://t.co/CluVBnpxBx pic.twitter.com/CNWzcPvBsk
— CryptoBusy (@CryptoBusy) May 2, 2024

Over the past 24 hours, VTHO has shown dynamic momentum, surging 11.44%. Remarkably, it has surged 148% over the past year, surpassing its 200-day SMA of $0.003421. VTHO demonstrates strong liquidity and investor interest with a market cap ratio of 0.0320 and a stable 30-day volatility of 8%. Additionally, with a market capitalization of $258.56 million and a 24-hour trading volume of $8.28 million, VTHO offers an attractive investment opportunity in the cryptocurrency market.

5. Immutable X (IMX)

Immutable Leveraging zk-rollup ensures fast transactions and scalability without gas costs and creates an improved user experience. It is at the forefront of Ethereum’s evolution, with ambitious transaction speed targets exceeding 9,000 tps. These efforts could solidify its position as the best “NFT blockchain.”

IMX price chart

Crucially, Immutable Utilizing zk-rollup ensures proof of transaction validity on Ethereum, maintaining decentralization ideals. By prioritizing Ethereum’s trustless asset ownership philosophy, IMX aligns with the ethos of the blockchain community. We’re ready to reimagine NFTs for users and developers.

WAGMI Defense launches summer 2024.
Pre-register and join the battle. https://t.co/D4dgAMxk7M
pic.twitter.com/yQYnWpDHqP
— Immutable (@Immutable) May 2, 2024

IMX’s price is $2.22 and with a surge of 11.24% in the last 24 hours, IMX’s performance metrics highlight its growth trajectory. IMX boasts a 141% gain over the past year and remains stable despite market fluctuations. It is trading well above its 200-day SMA, showing its resilience in a dynamic market environment. With a neutral RSI, IMX is well positioned, indicating potential for continued growth. Green Day on the 13th over the past 30 years has proven its solid performance, giving confidence to investors.