Biggest Crypto Gainers Today - IOTA, QNT, TAMA, LUNA, ZEC, RSR, HNT, APE

cryptonews.com:

The cryptocurrency market has dropped by 1.3% in the past 24 hours. Its total cap now stands at $965 billion, representing a dip of 0.5% in a week, and a drop of 5% in a month. However, while prices are down on average, a number of coins have posted some notable gains in the past day, as well as in the past week. This article takes a look at them, compiling the biggest crypto gainers today, including IOTA, LUNA, QNT, ZEC and TAMA.

IOTA is up by an impressive 8% in the past 24 hours, reaching $0.304384. This price also represents a 21% jump in a week, as well as a 9% increase in the last 30 days.

IOTA's indicators suggest a rally in its earlier stages. Its relative strength index (in purple) has risen from just under 40 a few days ago to 60 today, indicating some very good momentum. Its 30-day moving average (red) is still underneath its 200-day (blue), also suggesting that its rally over the past few hours could continue.

Indeed, IOTA is rallying precisely because of an upcoming event. Namely, Iota will be launching its Shimmer network on Wednesday (September 28), something which has increased market demand for IOTA.

Shimmer will serve as a kind of DeFi sub-network within the overall Iota ecosystem, enabling staking for the first time on Iota. It shows the formerly Internet of Things-focused network branching out.

At $120.37, QNT is up by 4% today. It has also increased by 16% in a day and by 22% in a month.

QNT's indicators show very strong momentum, with its RSI nearing 70 and its 30-day average rising above its 200-day. However, given how high these indicators are, this could mean QNT's ongoing rally doesn't have too much longer left to run.

There's no clear trigger for QNT's rally over the past few days, other than that it