Render

Dice

Akash Network

JasmyCoin

Livepeer

In today’s global market, Bitcoin miners confront significant challenges. Historically, they’ve often outpaced Bitcoin itself, but recent shifts have disrupted this trend. The fourth halving event, reducing block rewards, has intensified the pressure on miners. 
Therefore, before investing in this explosive industry, there are <a href="https://finance.yahoo.com/news/halving-bitcoin-mining-3-things-085600495.html">three critical considerations</a> to keep in mind. First, investors should prioritize companies with clear strategies to increase mining production. Second, efficiency in operations, especially in managing electricity costs and upgrading equipment, is paramount. Finally, identifying the unique selling points of mining companies can guide investment decisions. 
<h2 id="b-biggest-crypto-gainers-today-top-list-b">Biggest Crypto Gainers Today – Top List</h2> 
In a crypto market with a $ 308.03B 24-hour trading volume and a bullish sentiment of 69 (Greed) on the Fear &amp; Greed Index, <a href="https://insidebitcoins.com/news/top-crypto-gainers-today-may-04-bitcoin-gold-the-graph-bitcoin-sv">today’s top gainers</a> command the spotlight. Livepeer surged by 10.39%, Render Token by 5.56%, JasmyCoin by 2.75%, and Akash Network by 6.72% in the last 24 hours. These figures reflect the dynamic nature of the market, with each coin showcasing notable growth. Livepeer revolutionizes decentralized live video streaming, while Render Token disrupts GPU rendering. JasmyCoin emphasizes data sovereignty, and Akash Network excels in cloud computing efficiency. Stay tuned as we uncover the technical insights behind these impressive gains and the potential they hold for investors. 
<h3 id="b-1-b-b-livepeer-lpt-b">1. Livepeer (LPT)</h3> 
Livepeer is pioneering decentralized live video streaming, offering an alternative to centralized platforms. By leveraging blockchain technology, it aims to transform broadcasting, making it economically efficient and open to all. Its protocol streamlines content submission, reformatting, and distribution. This fosters a community-driven approach to platform management and enhancement. 
<img decoding="async" class="aligncenter size-full wp-image-517214" src="https://insidebitcoins.com/wp-content/uploads/2024/05/LPT-Price-Chart.png" alt="LPT Price Chart" width="609" height="215" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/LPT-Price-Chart.png 609w, https://insidebitcoins.com/wp-content/uploads/2024/05/LPT-Price-Chart-300x106.png 300w" sizes="(max-width: 609px) 100vw, 609px"> 
This unique project facilitates diverse participation, enabling pay-as-you-go content consumption, auto-scaling social video services, and uncensorable live journalism. It empowers developers with an affordable, open-source infrastructure for video streaming, free from the constraints of centralized platforms. Orchestrators who contribute computing power to handle transcoding and mining are rewarded with LPT coins. Staking these coins allows holders to earn fees as delegators, fostering network security and reliability. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Livepeer is proud to sponsor the Free Wifi side event at Farcon! Don't miss the insights and discussions about the future of onchain social media. 
 📡 Plus, catch all the action streaming live on <a href="https://twitter.com/unlonely_app?ref_src=twsrc%5Etfw">@unlonely_app</a>, powered by Livepeer! <a href="https://t.co/QhaFCvGA0D">https://t.co/QhaFCvGA0D</a> 
 — Livepeer (@Livepeer) <a href="https://twitter.com/Livepeer/status/1786443562751525169?ref_src=twsrc%5Etfw">May 3, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
LPT has seen a remarkable 171% price increase over the past year, trading 141.11% above the 200-day Simple Moving Average (SMA) at $6.19. With a 10.39% surge in the last 24 hours, it demonstrates resilience amid market fluctuations. While the 14-day Relative Strength Index (RSI) indicates neutrality, the 30-day volatility remains low at 12%. High liquidity, reflected in a 0.2395 volume-to-market cap ratio, underscores Livepeer’s market strength. This liquidity enhances accessibility, attracting investors seeking sustainable options.&nbsp; 
<h3 id="b-2-b-b-render-token-rndr-b">2. Render Token (RNDR)</h3> 
Render Token is a distributed GPU rendering network leveraging the Ethereum blockchain. It connects artists and studios with GPU compute power providers, enabling seamless rendering processes. RNDR, an ERC-20 utility token, facilitates transactions between artists and GPU providers, ensuring fair exchange within the network. 
<img decoding="async" class="aligncenter size-full wp-image-517215" src="https://insidebitcoins.com/wp-content/uploads/2024/05/RNDR-Price-Chart-1.png" alt="RNDR Price Chart " width="610" height="213" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/RNDR-Price-Chart-1.png 610w, https://insidebitcoins.com/wp-content/uploads/2024/05/RNDR-Price-Chart-1-300x105.png 300w" sizes="(max-width: 610px) 100vw, 610px"> 
With a combination of manual and automatic proof of work, RNDR verifies successful rendering before payment release, enhancing security. Assets are hashed upon upload, sent for rendering, and stored in escrow until verification. Rendered assets remain watermarked until payment, preventing malicious activities. Besides rendering, RNDR holds promise for AI applications, offering scalable computing power for training and inference tasks. 
RNDR currently trades at $9.24, marking a 5.56% increase in the last 24 hours. Over the past year, its price has soared by 343%, indicating strong investor interest. Significantly surpassing the 200-day Simple Moving Average of $2.68 by 242.95%, RNDR demonstrates stability and bullish sentiment.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Here’s a thread recapping the latest from the <a href="https://twitter.com/rendernetwork?ref_src=twsrc%5Etfw">@rendernetwork</a> community, AI, and Spatial Computing from this week.&nbsp;&nbsp; 
 The thread also includes a special section on <a href="https://twitter.com/hashtag/DEATHARTDEATHMATCH?src=hash&amp;ref_src=twsrc%5Etfw">#DEATHARTDEATHMATCH</a> happening tomorrow at <a href="https://twitter.com/beeple?ref_src=twsrc%5Etfw">@beeple</a> studios! 
 — The Render Network (@rendernetwork) <a href="https://twitter.com/rendernetwork/status/1786525650397909028?ref_src=twsrc%5Etfw">May 3, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
With a 14-day Relative Strength Index (RSI) of 56.15, the token is in a neutral position, suggesting potential for sideways movement in trading. Despite this, 47% of the last 30 trading days have been positive, showcasing a favorable market sentiment. RNDR also maintains low volatility, with 30-day volatility of just 8%, offering reassurance to investors. Its high liquidity, reflected in a volume-to-market cap ratio of 0.1380, underscores its robust market presence. 
<h3 id="b-3-b-b-mega-dice-dice-b">3. Mega Dice (DICE)</h3> 
<a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="nofollow">Mega Dice</a> is set to reshape online gambling through its native token, $DICE, offering daily rewards based on casino performance. Currently priced at $0.069, it promises a new era of incentives and engagement for players. Within a few days of its launch, $DICE raised over $700,000, underscoring the pent-up demand for the token. With nearly a third of tokens from the current presale stage already sold, buyers must act fast to secure favorable prices before the anticipated surge in the next phase. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We’ve just crossed $700K in our presale &amp; hit 8k Telegram members – to celebrate, we’re giving away $4000 in SOL! 🚀 
 Don't miss out on the opportunity to win BIG with Mega Dice Casino! 💰 
 Take part here ⤵️<a href="https://t.co/wSxiRnIHlz">https://t.co/wSxiRnIHlz</a> <a href="https://t.co/NDMbxQLawK">pic.twitter.com/NDMbxQLawK</a> 
 — Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1786441556171350323?ref_src=twsrc%5Etfw">May 3, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
This gaming token’s success is fueled by its unique features and strong fundamentals. Unlike its predecessors, Mega Dice boasts a robust business model with a pre-existing revenue stream, positioning it favorably for a successful token launch. The platform’s strategic airdrops to $SOL whales, along with referral bonuses and NFT integration, enhance investor interest and platform engagement. 
<iframe title="IS MEGADICE THE NEXT 100X CRYPTO PRESALE GEM?! GAMING + CRYPTO" width="640" height="360" src="https://www.youtube.com/embed/bxVYKtZ-vdw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
Crypto-centric online casinos like Mega Dice are driving rapid growth in the gaming sector, with revenue expected to hit $100.90 billion by 2024. It stands at the forefront of this growth, leveraging blockchain technology to enhance customer engagement and revenue generation. With <a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="nofollow">Mega Dice’s</a> impending launch on decentralized exchanges post-presale, early investors can seize the token’s potential before its expected listing day surge. 
<a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="nofollow">Visit Mega Dice Presale</a> 
<h3 id="b-4-b-b-jasmycoin-jasmy-b">4. JasmyCoin (JASMY)</h3> 
JasmyCoin merges IoT and blockchain technologies to empower users with data sovereignty. Through its platform, Jasmy aims to restore user control over personal information, facilitating secure and decentralized data exchange. By leveraging edge computing and IPFS storage, Jasmy ensures data security and accessibility, promoting trust and transparency in the digital market. 
<img decoding="async" class="aligncenter size-full wp-image-517216" src="https://insidebitcoins.com/wp-content/uploads/2024/05/JASMY-Price-Chart.png" alt="JASMY Price Chart" width="610" height="217" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/JASMY-Price-Chart.png 610w, https://insidebitcoins.com/wp-content/uploads/2024/05/JASMY-Price-Chart-300x107.png 300w" sizes="(max-width: 610px) 100vw, 610px"> 
The project offers a range of use cases, including secure data exchange between IoT devices and service providers. Its architecture decentralizes data management, reducing the risk of information leakage and enhancing user privacy. Its Ethereum-based smart contracts, audited by SlowMist, provide an additional layer of security, complying with Japanese regulatory standards. This regulatory compliance reinforces trust and accountability, positioning Jasmy as a reliable platform for data exchange. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 100 million <a href="https://twitter.com/hashtag/Jasmy?src=hash&amp;ref_src=twsrc%5Etfw">#Jasmy</a> Coin lockup started on May 1 at <a href="https://twitter.com/BITPointJP?ref_src=twsrc%5Etfw">@BITPointJP</a> <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://twitter.com/HARA_JasmyCFO?ref_src=twsrc%5Etfw">@HARA_JasmyCFO</a> <a href="https://twitter.com/hashtag/Lockup?src=hash&amp;ref_src=twsrc%5Etfw">#Lockup</a><a href="https://twitter.com/search?q=%24Jasmy&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Jasmy</a> <a href="https://t.co/y1WF1paEUt">pic.twitter.com/y1WF1paEUt</a> 
 — Jasmy-MGT (@JasmyMGT) <a href="https://twitter.com/JasmyMGT/status/1785646755662708767?ref_src=twsrc%5Etfw">May 1, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
It experienced a recent 2.75% price surge and a notable 157% increase over the past year, thus demonstrating growing investor interest. Also, it is trading significantly above the 200-day Simple Moving Average by 313.29%. A neutral 14-day Relative Strength Index suggests potential for sideways trading, supported by a positive trend in 53% of the last 30 trading days. With volatility at just 8%, JasmyCoin offers stability in the market. High liquidity, evident in a volume-to-market cap ratio of 0.2066, amplifies its appeal as a promising investment opportunity. 
<h3 id="b-5-b-b-akash-network-akt-b">5. Akash Network (AKT)</h3> 
Akash Network is a decentralized cloud computing marketplace. It offers users a transparent and cost-effective alternative to traditional cloud providers. The project connects individuals with unused computing resources to those in need, enabling seamless transactions through its native AKT token. 
<img decoding="async" class="aligncenter size-full wp-image-517213" src="https://insidebitcoins.com/wp-content/uploads/2024/05/AKT-Price-Chart-1.png" alt="AKT Price Chart " width="610" height="215" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/AKT-Price-Chart-1.png 610w, https://insidebitcoins.com/wp-content/uploads/2024/05/AKT-Price-Chart-1-300x106.png 300w" sizes="(max-width: 610px) 100vw, 610px"> 
Users can quickly lease out their excess computing capacity and earn revenue in digital assets. Akash Network’s peer-to-peer protocol ensures efficient distribution of workloads and facilitates bidding for available resources. Additionally, its seamless transition between cloud providers enhances usability and accessibility for users. This feature positions Akash Network as a valuable asset for Web3 developers and businesses alike. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Earlier today, Akash successfully upgraded to Mainnet 11. 
 The upgrade was completed in less than 5 minutes. Thank you to all Akash Validators for working quickly to ensure a smooth upgrade. 
 Mainnet 11 includes: &gt; Updates to AuthZ to improve management and tracking of authorized… <a href="https://t.co/0TfuvRbqoW">pic.twitter.com/0TfuvRbqoW</a> 
 — Akash Network (@akashnet_) <a href="https://twitter.com/akashnet_/status/1786086323591205144?ref_src=twsrc%5Etfw">May 2, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
AKT’s price surged by 6.72% in the last 24 hours, reaching $4.68. Over the past year, its price skyrocketed by a remarkable 1,687%, reflecting strong investor interest and market growth. Currently trading at a substantial 362.47% above the 200-day Simple Moving Average, it demonstrates noteworthy market performance. 
With a 14-day Relative Strength Index indicating neutrality, there’s potential for sideways trading in the near term. Despite this, 47% of the last 30 trading days were positive, showcasing a favorable market sentiment. Moreover, with 30-day volatility below 30% and medium liquidity, Akash Network presents an enticing investment opportunity. 
<h2 id="b-read-more-b">Read More</h2> 
<ul> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/top-crypto-gainers-today-may-04-bitcoin-gold-the-graph-bitcoin-sv">Biggest Crypto Gainers</a></li> 
</ul>

Top Crypto Gainers Today May 05 – Livepeer, Render Token, JasmyCoin

Table of Contents

Inside Bitcoins

Other articles published on May 5, 2024

Investors sue Coinbase alleging unregistered sale of securities

Is Investing in AppLovin (APP) Stock a Smart Move Before Q1 Earnings Release?

Ethereum (ETH) Skyrockets to a 2-Month High with a $35 Million Boost: The Impact of a 7% Surge

Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The F...

BNB Struggles to Surpass $600: Factors That Could Push the Crypto Asset to $550

Expert Analysis: Sumeet Bagadia’s Top Three Stock Recommendations for May 6, Including Coin Name ...

Join our free newsletter for daily crypto updates!