Biggest Crypto Gainers Today – February 8
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The crypto market is finally on an upswing, after a relatively underwhelming performance throughout the week. While market leaders such as Bitcoin have only deviated by 2%, other lesser-known tokens haven’t failed to impress investors by giving over 40% returns in less than 24 hours.
In this article, we will take a look at the top gainers for the day, along with a bunch of other tokens that have just entered the market and hold a lot of potential for the future.
1. The Graph (GRT)
The Graph’s GRT token has recently surpassed $1 billion in market cap, registering a price increase of over 200% since the start of the year. It began an uptrend at the same time, after plummeting throughout 2022. The token is known to have a market cap of over $5 billion in 2021, and investors are excited now that GRT is closer to the milestone, than it has been in a year.
The Graph is a blockchain solution for developers, to help them gather and manage on-chain data without having to expand their infrastructure. It is a decentralized protocol that does the queuing and indexing for blockchain data, making it easier for decentralized applications to retrieve their data wherever possible without having to deal with the complexities of underlying blockchain data structures.
This makes it super easy for developers to host applications on the blockchain, and it’s no wonder, therefore, that the token has seen a growth of 265% in query fee revenue from 2021 to 2022. These numbers are bound to rise with the increase in the number of subgraphs transferred on the mainnet.
GRT, the native token of the blockchain platform, has entered an overvalued zone from a trading perspective. Whale transactions have increased on the network, and the latest numbers outperform that of the last 6 months.
With the influx of staking requests and whale transactions, the GRT token is expected to show a bullish performance over the next few weeks. But since the token is in the overbought zone, it may very well proceed to descend if investors choose to mark their profits.
In the long term, however, the GRT token is a great investment, since the project is integral to the blockchain space and its applications. Short-term investors may want to do their own research before investing in GRT.
2. SingularityNET (AGIX)
SingularityNET is a blockchain-based AI crypto that deals with creating and monetizing AI services, with its highly popular and accessible AI marketplace. The token behind the project has witnessed a massive upsurge in price recently, which has been partly attributed to the growing number of partnerships from SingularityNET.
The platform recently announced that SingularityNET is working on integrating MeTTa into Plutus, creating a scalable and rich sidechain. This is just one of the ways the project is fulfilling its mission of creating an ecosystem of platforms for AI-related services, apart from serving as an integral component of the ecosystem from the very first day.
SingularityNET is powered by AGIX, the native token of the platform, which has been witnessing quite an upsurge recently. It is also among the top 100 tokens according to Coinmarketcap and started to gain momentum in the last week of January, following the news of Microsoft investing $10 billion in ChatGPT.
ChatGPT is a recent AI project from OpenAI, that has been at the forefront of AI innovation and has been riding the hype wave for months now. It has opened all new ways AI can be integrated into traditional work-related activities, plus, cleared a US law school examination, fueling the credibility and acceptance of the platform; otherwise under skepticism due to the underconfidence around AI.
As for the price performance, AGIX is trading at $0.58, at the time of writing and has a market cap close to $700 million. The token has grown by more than 10x since the start of the year, and investors are currently making it a part of their portfolio, for the long-term promise it shows.
3. Meta Masters Guild (MEMAG)
Mobile-based gaming has been relatively untouched in the web3 crypto space since desktop gaming has been on priority. Meta Masters Guild is here to change that, by introducing a platform that’ll feature high-quality blockchain-based games, changing the landscape of web3 gaming.
Meta Masters Guild (MMG) rewards players for playing games on the platform, which is possible due to its play-and-earn model. MMG is working on three games as of now, namely Meta Kart Racers, a mobile-based racing game; Meta Masters World, a metaverse-based mobile game; and Raid NFT, a fighting game where players can compete with each other and win rewards for the same.
MEMEG is the official blockchain token for the platform, which is based on the ERC-20 token standard. Gaming rewards, however, are paid in the form of GEMs tokens, an off-chain currency common across the MMG ecosystem. Investors can use GEMs to make in-app purchases, or convert these tokens for MEMAG and cash them out for ETH or USDT. This distinction in the blockchain-based and platform-based tokens, saves the platform from volatility during a sell-off of the MEMAG tokens, since the in-game token GEMs and MMG’s gaming ecosystem remain unaffected.
Investors willing to become a part of the project can participate in the ongoing presale where MEMAG tokens are available for 0.021 USDT. The presale is currently in stage 6, with only one more stage left where the price of MEMAG tokens will increase to 0.023 USDT. This is the last chance for investors to purchase MEMAG tokens at a discount.
4. Fight Out (FGHT)
If sticking to your workout routine has been tough for you, and you don’t find the motivation to get up every day and visit the gym, well the time for you to find excuses is over. Fight Out is here to make an impression in the fitness space, by introducing a holistic platform addressing all the needs in the fitness space, and more.
The Fight Out platform will first introduce an application where you will be able to create personalized workouts, tailored to help you complete your fitness goals. Plus, with the integration of metaverse, users will have a digital avatar that’ll reflect all the progress they’ve made to keep them motivated to stick to their workout regime.
Users can work remotely with guidance and detailed fitness tutorials from the app, or choose to workout in physical gyms nearest to them. To make the job even more convenient, Fight Out will be coming out with their own physical gyms, starting with 20 gyms so far. The project has also onboarded top athletes on the platform, to make fitness knowledge more accessible while serving as a revenue stream for professional athletes.
Fight Out will feature a Move-to-Earn cryptocurrency, FGHT, which will be integral to the platform in all sorts of ways. REPS, on the other hand, will be an off-chain currency for the platform that’ll be used for paying rewards when users complete their fitness challenges as well as make contributions to the community.
Investors can take part in the presale for FGHT token, currently live on the official Fight Out website, and join hands in the revolution to fitness both accessible and exciting for common folks. FGHT tokens are available to purchase for 0.02047 USDT and the price will progressively increase until the end of the presale. Fight Out will conclude its presale on March 31st, after which the tokens will list on centralized exchanges as of April 5th.
5. C+Charge (CCHG)
While there has been constant innovation in EV cars over the last decade, development with the charging infrastructure has been quite dormant. The current EV charging ecosystem is facing a few strong problems, which are partially responsible for the slower adoption of electric vehicles.
C+Charge is an all-new blockchain-based app that is set to revolutionize the EV landscape. With the help of the app, EV owners can locate the nearest charging station which can be quite helpful, especially when planning long trips.
In addition to that, the platform will also solve another major problem with the electric vehicle ecosystem which is a lack of utility when it comes to payment methods. C+Charge will have a uniform payment solution that works across all charging stations, so users don’t have to hassle switching from one payment method to another.
EV owners will be able to use CCHG tokens to pay for charging across all charging stations. Plus, they will be rewarded with carbon credits for doing so, since the adoption of EV vehicles mitigates the negative effect on the environment caused by traditional fuel-based cars. These carbon credits can then be converted to CCHG tokens, which can further be used for charging payments or any other in-app transactions.
The crypto presale for the CCHG token is currently live, where users can purchase CCHG tokens for just 0.0145 USDT until the presale progresses to the next round, where the price is bound to increase. The current round of the presale will continue for seven more days, after which CCHG tokens will be available for 0.016 USDT. If you’re planning on investing in the project, there is no better time than now.
6. RobotEra (TARO)
Building on the foundations of the metaverse, RobotEra is an all-new blockchain-based metaverse game that presents an all-exciting virtual world by the name of Taro. Taro is a planet that has been destroyed by an army of robots, who are now stranded since they’ve killed all the inhabitants.
These robots are now tasked with building the planet up again, by improving the infrastructure and creating an economy to sustain the ecosystem. Each player will be a robot in the game, represented by a unique NFT, and players will be rewarded for completing tasks such as building a property. In addition to that, players can also experiment with a bunch of other ways to make money in the game since the RobotEra metaverse is filled with possibilities.
Join hands in the revolution by participating in the presale of TARO, the native token of the platform. TARO tokens are available to purchase on the official website of the RobotEra, priced at 0.020 USDT, which is soon to increase to 0.025 USDT as the presale progresses in the next round.
We went over some of the most exciting projects in the crypto space that have been making a lot of noise lately. While investing in these projects can be profitable, investors should do their own research before making any investment decisions.
Fight Out (FGHT) – Newest Move to Earn Project
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Early Stage Presale Live Now
Earn Free Crypto & Meet Fitness Goals
LBank Labs Project
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