The Rise of LINA and AGLD: Top 2 Strong Gainers in the Crypto Market

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LINA and AGLD, two of the top gainers in the crypto market, have seen an unprecedented surge in value, up 10% and 21% in just one day. As these cryptocurrencies continue to gain popularity, it’s essential to understand their origins, profitability, price journey, current price analysis, and future potential.

Origins:

LINA, short for Linear Finance, is a decentralized platform that enables the creation and trading of synthetic assets. It was created in 2020 by Drey Ng and Kevin Tai to create a blockchain-based platform that allows for fast, low-cost, and transparent financial transactions.

On the other hand, AGLD, or Adventure Gold, is a new blockchain-based gaming platform that allows users to earn rewards and trade in-game assets. It was launched in 2021 by the team behind the popular blockchain-based game “Aavegotchi.”

Profitability:

Both LINA and AGLD have shown tremendous profitability since their launch. With a market cap of $74.7million, LINA is ranked among the top 10000 cryptocurrencies by market capitalization. Meanwhile, AGLD has a market cap of $35 million and has quickly gained popularity among gamers and crypto enthusiasts.

Price Journey:

LINA and AGLD have had different price journeys since their inception. LINA was launched at a price of $0.03 and reached an all-time high of $0.38 in February 2021 before experiencing a sharp decline in value. However, with the recent price surge, LINA is currently trading at $0.149.

AGLD, on the other hand, was launched at a price of $0.26 and reached an all-time high of $3.64 in May 2021 before also experiencing a sharp decline in value. However, with the recent price surge, AGLD is currently trading at $0.498.

Current Price Analysis:

As mentioned earlier, LINA and AGLD are both up by more than 10% and 21% in just one day, making them the top gainers in the crypto market. This sudden surge in value is likely due to the growing demand for decentralized finance (DeFi) and blockchain-based gaming platforms.

Lina is by by 25% in 1 week. Lets have a look at the chart:

The Rise Of Lina And Agld: Top 2 Strong Gainers In The Crypto Market
The price is bouncing off the weekly strong support zone on a weekly timeframe. The price is being rejected from the horizontal S/R zone at the moment. After a successful retest, it can move higher if it breaks the S/R zone.

AGLD is up by 21% today with a market cap of $35 million. Let’s take a look at the chart:

The Rise Of Lina And Agld: Top 2 Strong Gainers In The Crypto Market
In a 6-hour time frame, the price has broken the descending channel resistance trendline and also bounce from the horizontal support zone. Currently, the price is being rejected from the horizontal resistance trendline. After it comes down it can bounce from the horizontal S/R zone.

Future Potential:

Looking to the future, LINA and AGLD have tremendous potential. LINA’s focus on creating and trading synthetic assets could make it a significant player in the DeFi space, while AGLD’s gaming platform could potentially revolutionize the gaming industry. In addition, with the increasing adoption of cryptocurrencies and blockchain technology, the future looks bright for both LINA and AGLD.

In conclusion, LINA and AGLD are two of the top gainers in the crypto market, with both showing tremendous potential for growth and profitability. As the world becomes more familiar with cryptocurrencies and blockchain technology, keeping an eye on these up-and-coming players in the market is essential.

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Harsh Panghal
Harsh Panghal

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