Top Crypto Gainers Today Aug 29 – League of Kingdoms Arena, Mantle, Cronos, MANTRA DAO
Ready to discover the next big opportunities in the crypto market? In this article, we dig into the top gainers for August 29, including League of Kingdoms Arena, Mantle, Cronos, and MANTRA DAO. These tokens are making waves with impressive price movements and strong market potential. Whether you’re a seasoned investor or just getting started, you’ll find valuable insights to help you spot promising investment opportunities. Let’s explore what makes these cryptos stand out and if they deserve your attention today.
Biggest Crypto Gainers Today – Top List
Before diving into the analysis, here’s a snapshot of today’s top gainers. League of Kingdoms Arena shines with an 18.68% price surge, blending strategy and play-to-earn elements, though it’s still 21.29% below its 200-day average. Mantle has surged 4.41% recently, with its modular Layer 2 solution setting it apart, though it’s 21.29% below its 200-day SMA.
Cronos has seen a 3.29% increase, reflecting its role in Crypto.com’s expanding ecosystem, despite trading 11.04% below its 200-day average. Lastly, MANTRA DAO boasts a 3.10% rise and a staggering 4,677% annual increase, with a solid liquidity ratio, even as its RSI shows neutral market conditions.
1. League of Kingdoms Arena (LOKA)
League of Kingdoms Arena has carved out a niche in the blockchain gaming world, merging traditional 4X strategy with play-to-earn dynamics. As a massively multiplayer online (MMO) strategy game, LOKA allows players to build and expand kingdoms, form alliances, and own in-game land as ERC-721 NFTs, turning gameplay into a tangible investment. These lands can be traded, farmed for resources, and generate dividends, adding real-world value to virtual efforts.
LOKA, the game’s governance token, gives players voting rights on key decisions, enhancing community involvement. The introduction of the Dragon Soul Token (DST) adds another layer of play-to-earn, where players can breed Dragos for advanced gameplay features.
Security-wise, League of Kingdoms leverages the robust infrastructure of the Ethereum blockchain, with its assets secured as ERC-20 tokens. To tackle Ethereum’s scalability, the game uses Polygon/Matic for faster transactions and lower gas fees. This dual-layer approach ensures that the game remains both secure and accessible, even as it scales to accommodate more players.
The recent 18.68% surge in LOKA’s price has caught the attention of both gamers and investors. The token shows strong liquidity with a market cap-to-volume ratio of 0.5435. Meanwhile, its 14-day RSI of 54.05 indicates a neutral state, suggesting the possibility of sideways trading.
In the past 30 days, LOKA had 14 green days, accounting for 47% of the time. Its 30-day volatility remains low at 18%, demonstrating stability. However, it’s trading 21.29% below its 200-day SMA of $0.268607, though it has still managed a 7% price increase over the past year. Despite this, LOKA outperformed just 25% of the top 100 crypto assets, indicating room for growth.
2. Mantle (MNT)
Mantle is capturing attention as an impressive Layer 2 solution for Ethereum. Today, trading at $0.606765, the token has experienced an exciting 4.41% surge in the last 24 hours. As the first DAO-spawned L2, Mantle stands out with its efficient scaling capabilities and full compatibility with the Ethereum Virtual Machine (EVM).
What truly sets Mantle apart is its modular architecture. By dividing transaction execution, data availability, and finality into separate, upgradeable modules, it brings a new level of flexibility. Recently, MNT Pools launched on Pendle, offering users the chance to explore various yield strategies, including fixed returns and liquidity provision. Additionally, the introduction of $COOK, a new governance token, adds even more value to the ecosystem.
In terms of security, Mantle excels with its roll-up architecture, which Ethereum supports. It also partners with EigenLayer to enhance data availability, ensuring robust performance and network integrity. This innovative approach underscores its commitment to security and reliability.
Looking at the numbers, the token benefits from high liquidity, with a volume-to-market cap ratio of 0.0601, ensuring smooth trading and strong market engagement. Despite this, the 14-day RSI of 63.96 signals a neutral market stance, suggesting that MNT might experience sideways movement in the short term. Nevertheless, the token has surged by 37% over the past year, surpassing 44% of the top 100 crypto assets. Additionally, its 30-day volatility is impressively low at 9%, reflecting a stable price trend.
However, it’s important to note that Mantle is trading 21.29% below its 200-day Simple Moving Average (SMA) of $0.268607. This discrepancy may warrant close attention for those assessing its future performance.
3. Shiba Shootout (SHIBASHOOT)
Shiba Shootout invites players to dive into the thrilling world of the Wild West with a unique Play-to-Earn (P2E) mobile gaming experience. With $SHIBASHOOT tokens priced at $0.02 each, the presale has already raised $1,054,954.9 out of its present $1,792,524 target, creating a buzz among early investors.
To say the least, this presale is a treasure trove of earning opportunities for investors, offering both passive and active income streams. Among these is the Posse Rewards referral program, where users earn more by bringing friends into the Shiba Showdown community. The bigger your posse, the bigger your rewards.
Then, there’s the Campfire Stories, a unique twist where community members gather to share their crypto and meme coin adventures. Also, for those who love a bit of thrill, the Lucky Lass Lottery provides a chance to win big crypto prizes. Finally, Cactus Staking allows users to grow their tokens over time, with rewards increasing the longer they stake.
Furthermore, the tokenomics are designed to drive both gameplay and community engagement. Of the total supply, 35% is allocated for the presale, 20% for staking, 5% for the Rootin’ Tootin’ Shooter Fund, 20% for marketing, 10% for project funds, and 10% for liquidity. With less than four days left until the next price increase, now is the perfect time to get involved in Shiba Shootout .
Visit Shiba Shootout Presale
4. Cronos (CRO)
Cronos is the native token of Cronos Chain, a decentralized blockchain developed by Crypto.com, designed to drive global cryptocurrency adoption. This blockchain serves as a cornerstone for Crypto.com’s suite of services, focusing on enhancing personal financial control and safeguarding user data.
As of today, CRO is trading at $0.084255, reflecting a 3.29% increase over the past 24 hours. This price movement indicates a positive short-term trend amid broader market fluctuations. The token’s liquidity remains strong, with a market cap-to-volume ratio of 0.0056, suggesting a solid trading environment.
The 14-Day Relative Strength Index (RSI) for CRO is at 48.53, signalling a neutral market condition. This RSI level implies that CRO is neither overbought nor oversold and might continue to trade sideways in the short term. Over the last 30 days, CRO has experienced 12 green days, accounting for 40% of the trading days, and its 30-day volatility is relatively low at 5%.
Despite its recent performance, CRO is trading approximately 11.04% below its 200-day Simple Moving Average (SMA) of $0.093226. However, its price has increased by 59% over the past year, besting 52% of the top 100 cryptocurrencies by market cap. This long-term growth shows CRO’s resilience and potential.
Built on Ethereum’s blockchain, CRO benefits from the robust security and compatibility of Ethereum’s network. As Crypto.com continues to innovate and expand its services, CRO is positioned to play a crucial role in advancing global cryptocurrency adoption, making it a noteworthy token for both investors and users in the digital finance ecosystem.
5. MANTRA DAO (OM)
MANTRA DAO is a prominent player in the crypto market with its unique approach to tokenizing real-world assets (RWAs). Designed as a Layer 1 blockchain, MANTRA Chain offers a permissionless platform tailored for regulatory-compliant applications. This makes it an attractive choice for institutions and developers.
Utilizing the Cosmos SDK, MANTRA is equipped with a sovereign Proof of Stake (PoS) validator set and can scale up to 10,000 transactions per second. Additionally, its advanced features include built-in modules and APIs for creating, trading, and managing RWAs. These elements enhance the user experience and facilitate seamless integration with Web3.
At the time of writing, OM’s price stands at $0.908649, reflecting a notable 3.10% increase in the past 24 hours. Also, with a market cap-to-volume ratio of 0.0585, it demonstrates robust liquidity, ensuring substantial trading activity.
The 14-day RSI is hovering at 30.75, suggesting a balanced market condition where neither buyers nor sellers have the upper hand. However, in the past 30 days, the token has seen 15 green days, which constitutes 50% of the trading days. Meanwhile, the 30-day volatility remains relatively low at 9%, reflecting stable price fluctuations.
Moreover, MANTRA DAO is trading 3,701.43% above its 200-day SMA of $0.024058, demonstrating impressive long-term growth. Over the past year, the price has skyrocketed by an amazing 4,677%, leaving 97% of the top 100 crypto assets in its dust. As a standout in the niche of RWAs, MANTRA DAO is certainly a noteworthy mention in our list of top gainers.
Read More
- Biggest Crypto Gainers
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Transak secures key licenses in Canada and Delaware
DOJ charges Russian CEO in $250K crypto manipulation case
Bitcoin eyes 10% swing as US election nears
Bitcoin targets $66K as traders brace for market volatility