Last Updated on 41 mins by cryptoevent

It’s not a good day overall for cryptocurrencies as the price of top tokens like Bitcoin (BTC) and Ethereum (ETH) fall over 2% while other tokens like Solana (SOL) and Avalanche (AVAX) are in retreat around more than 5%.

However, three tokens are swimming against the tide, managing to bring profits to investors despite this wave of negative sentiment to date.

These tokens are Lucky Block, Waves and ApeCoin. In this article, we share more details about these projects and discuss the reasons why their native tokens are rising today.

Today’s Top Crypto Winners – What Are They and Why Are They On Top?

#1 – Lucky Block (LBLOCK)

Lucky Block is a decentralized gaming project that rewards token holders who buy some of the non-fungible tokens (NFT) provided by the development team to participate in various competitions whose prizes are 1 million BTC or a Lamborghini dollars are enough.

Recently, the LBLOCK v2 token was listed on the centralized exchange LBANK, and this event had a positive impact on the token’s performance as it raised the crypto community’s awareness of the project’s prospects.

On this platform, the price of LBLOCK has increased by 53% to $0.0033 in the last 24 hours, with the trading volume currently exceeding $700,000 over the same period.

Since investors need to buy LBLOCK to acquire the project’s NFTs, the token’s value should increase if demand for these assets continues to rise. Considering the attractive prices the platform is offering in exchange for holding one of these NFTs, it is highly likely that investors will be drawn to the game as soon as they hear about it.

#2 – Waves (WAV)

According to data from CoinMarketCap, the native token of the Waves blockchain (WAVES) is up 2.3% over the past 24 hours to $5.9 per coin. Trading volume has increased by 89% over the same period to $692.37 million — nearly $50 million more than the project’s total market cap.

Waves is a Layer One blockchain designed to help developers build scalable and easy-to-use decentralized applications (dApps). This project is one of the many initiatives that aim to compete with Ethereum’s smart contracts network by solving its competitor’s scalability and cost issues.

Over the past 30 days, the performance of the WAVES token has also been positive, delivering gains of almost 15%. On July 27, the development team tweeted that one of the most popular blockchain-based games – Waves Ducks – saw a 150% increase in the number of active wallet connections, while transactions within the blockchain grew by 320% over the same period.

Based on the performance of the token since the publication of this tweet, investors may have interpreted this as a signal that the Waves ecosystem is attracting more users and that may prompt more developers to migrate or build their dApps relying on this infrastructure – Leave blockchain.

#3 – ApeCoin (APE)

The price of ApeCoin (APE) is up nearly 2% to $6.92 per coin over the past 24 hours, according to data from CoinMarketCap. Meanwhile, over the same period, trading volume surges 53% to $574.16 million — a number that accounts for about 25% of the project’s total market cap.

The token’s performance over the past 30 days has been very positive as APE has seen gains of almost 54% over this period.

Two interesting developments may have fueled the recent rally for APE. First, the development team behind the Otherside Metaverse project has published a litepaper Last month. This document gave a detailed overview of the initiative.

In addition, the governance proposal AIP-70 was approved. This proposal allowed the project’s DAO to allocate $150,000 towards the creation of the Bored Ape Gazette, a website whose purpose will be to provide news and updates about the Ape ecosystem to both the holders and the general public .

Other related projects:

• Waves Crypto Prediction & Where To Buy
• ApeCoin Price Prediction 2022-2025
• 13 Best Cryptocurrencies to Invest in 2022

The post 3 Top Crypto Gainers Today – LBLOCK, WAVES, APE appeared first on Business 2 Community.

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