PlatON, SKALE, and Threshold Emerge as Biggest Crypto Gainers Today

As we kick off the week, the total crypto market stands at an impressive $2.42 trillion. Bitcoin, priced at $67,710, has seen a slight dip of -1.63% in the past 24 hours

As we begin the week, the total crypto market capitalization stands at an impressive $2.42 trillion. Bitcoin, priced at $67,710, has experienced a slight dip of -1.63% in the past 24 hours, which has brought its market cap down to $1.33 trillion, boasting a dominance of 55.08%. However, this minor decrease hasn’t dampened market spirits. In fact, the Fear & Greed Index still shows a healthy reading of 71, indicating a bullish sentiment. Moreover, with trading volume hitting $384.79 billion, it’s clear that the excitement in the crypto space remains strong.

Biggest Crypto Gainers Today – Top List

Interestingly, 21% of cryptocurrencies gained value, while 79% lost value in the last 24 hours. For instance, FTX Token (FTT) emerged as the biggest gainer, surging 8.22% and showcasing strong investor confidence. Conversely, Blox experienced the most significant drop, with a 6.14% decrease. Amid this varied performance, four standout top gainers caught the eye.

Firstly, PlatON surged by 15.48%, capturing significant market attention with its focus on privacy computing. Meanwhile, SKALE saw a notable 5.97% rise, driven by its innovative approach to Ethereum scalability. Additionally, Threshold gained 3.38%, thanks to its advanced cryptographic primitives. Notably, Qtum also experienced a 2.23% increase, leveraging its blend of Bitcoin’s security and Ethereum’s smart contract versatility.

1. PlatON (LAT)

PlatON, initiated by the LatticeX Foundation, serves as an open financial infrastructure with a focus on privacy computing. Designed to support the stability and performance of traditional financial systems, PlatON offers enhanced digital asset management and encrypted payment solutions for various Web3 applications. Moreover, its native token, LAT, facilitates transactions, governance, and incentivization within the ecosystem. By integrating the Ethereum Virtual Machine (EVM) and WASM virtual machine, PlatON ensures compatibility and broad developer engagement.

In terms of use cases, PlatON spans financial services to AI and data processing, highlighting its versatility. The platform employs advanced cryptographic techniques, including digital signatures and encryption, to secure data and transactions. Furthermore, privacy computing technologies protect user data by enabling secure computations without exposing the actual data. Moreover, partnerships with financial institutions and continuous security enhancements ensure compliance and protection against evolving threats.

2. SKALE (SKL)

SKALE is a cutting-edge modular blockchain network designed to supercharge Ethereum’s scalability. Notably, it runs unlimited fast, on-demand blockchains, called SKALE chains, with zero gas fees for end users. These chains can be dApp-specific or shared, offering a customizable and decentralized modular cloud for DApps. Consequently, this architecture ensures decentralization without compromising security. Developers can use SKALE to run Solidity smart contracts faster and cheaper, which is perfect for high-performance apps like games and streaming services.

Firstly, SKALE addresses Ethereum’s scalability issues and high gas fees by offering zero gas fees to end users. This critical feature benefits developers, users, and NFT creators. Additionally, SKALE’s capacity grows with new nodes, boosting throughput and computational power. Consequently, SKALE handles up to 2,000 transactions per second per chain, enhancing the speed of Ethereum-based smart contracts. Moreover, the network’s security is enhanced by pooling validator sets, random node assignment, rotation to prevent collusion, and proof-of-stake (PoS).

3. WienerAI (WAI)

WienerAI is now a hot topic in the crypto world, with its presale already raising over $8 million and just days left to invest. This meme coin, featuring a charming wiener dog mascot, aims to disrupt the meme coin market with a powerful AI trading chatbot. This bot is designed to make crypto trading effortless for both beginners and experts, helping users discover trade setups and execute trades seamlessly.

$8 Million raised and launch is around the corner!! The hype is real! pic.twitter.com/XiiZ3UqIns

— WienerAI (@WienerDogAI) July 26, 2024

The current presale price of $0.00073 per $WAI is a bargain compared to the anticipated future gains. Over 70% of the raised funds are locked in staking, reflecting strong investor confidence. With an impending exchange listing, $WAI is expected to experience significant price movements, presenting a potentially lucrative opportunity for early investors. The project’s innovative technology, coupled with its meme coin appeal, has garnered considerable media attention and positive forecasts from crypto investors.

WienerAI’s trading bot offers more than just trade recommendations; it enables users to execute trades directly and provides insights