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Category: Crypto News

  • Crypto Performance Review: Top Weekly Gainers and Losers

    Crypto Performance Review: Top Weekly Gainers and Losers

    With the crypto market finally showing some much-awaited signs of recovery, bulls did not take much time to react, and rushed the most promising names, as market sentiment improved. Several cryptocurrencies saw their prices take off remarkably in the last seven days. At the time of writing this newsletter, the top weekly gainers stand as follows:

    Crypto

    Top Weekly Gainers

    Niobium Coin

    Among all the winners seen this week, none compare with the sheer magnitude of the rise seen with that of Niobium Coin (NBC). The coin, in just a seven-day period, took on a staggering climb from $0.0018 to its present price of $0.0558, which translates to a whopping weekly gain of over 3000%. This bullish pump comes in spite of having no developments announced whatsoever, and volume has taken off from practically $0 to over $700,000 in hardly three days.

    Tap

    Tap (XTP) is yet another project that brought on an unparalleled take-off throughout the prior week, in its rise from $0.00027 to its present high of $0.00700. This phenomenal price trajectory works out to a weekly gain of almost 2500%, bringing much cheer to those who timed their positions correctly on XTP. The cryptocurrency saw its volume surge from barely $500 to over $2.5 million, as the news announcement came in, relating to the project’s successful RTO and entry into public markets.

    DogeKing

    After a relatively quiet week, DogeKing saw a price explosion yesterday, which tripled its price in a single day, and put its weekly gain figure at a remarkable 248%. Like most winners this week, its volume had also seen an explosive, rather than a steady climb, as it went from less than $5000 to $1.6 million in a matter of days. Most of this growing hype comes from social media meme-coin enthusiasts, who have been rushing their favorite canine-themed player, as the market began its ascent toward recovery.

    Gala

    Another giant winner this week is Gala, which has blown onlookers away, not necessarily due to its weekly gain of 164%, but its sheer volume, which currently stands at $1.54 billion. Gala is the 90th largest name in the crypto-sphere and the widely accepted king of crypto-gaming. It has recently made a string of announcements, including an acquisition of Ember Entertainment, becoming the official token for Town Star Game, and also the Gala film project. Above all, it is a natural beneficiary for improving crypto-market conditions, rising as the bear market approaches its close.

    Shibnobi

    Shibnobi (SHINJA), in a single week, saw its price steadily climb from $0.000058 to its present level of $0.000161, denoting a remarkable 178% weekly gain. With SHINJA almost tripling its price, it boasts a trading volume currently exceeding $5 million. A significant catalyst for this pump seemingly is a recent announcement by developers, that no gas fees or taxes will be charged on SHINJA transactions for the next 29 days.

    Top Weekly Losers

    Where bulls take the rise, bears too naturally follow. This has proven to be especially true in the crypto markets with improving optimism among traders and investors. A number of cryptocurrencies undertook hard falls this week, bringing severe losses to their holders. At the time of writing this newsletter, the following stand as the top weekly losers:

    hiDOODLES

    hiDOODLES continues its losing performance, as we reported in the prior week, and thus once again making it to our list of weekly losers for the second time in a row. In merely 7 days, hiDOODLES saw a sustained price plunge which took it from $0.20 to less than $0.04, essentially shedding 85% of its price. This downward slip comes after the selloff which brought the artificial price pump to a grinding halt.

    Crypto Arc

    Crypto Arc (ARC) has been seeing hard price plunges throughout the week, as well as attempts to fight back, which have all eventually proven to be futile. Throughout the prior week, as talk of a potential rug pull began making the rounds, ARC saw a hard sell-off, which took its price from $0.13, to below $0.07. Volume too has been steadily falling throughout the week, from $5.8 million, to present levels of $1.4 million, further dimming the chances of any meaningful recovery.

    The Paradox Metaverse

    The Paradox Metaverse (PARADOX) has also had the misfortune of making it on our list of top weekly losers. In just seven days, its price trajectory demonstrates how it has halved its price during this period. In its fall from $0.06 to $0.03, its volume continues to steadily decline. Paradox’s decline traces back to its initial launch in the market, upon which point it was trading at $0.10. Prospects for a turnaround seem unlikely based on this momentum and wider volume trends.

    hiMOONBIRDS

    hiMOONBIRDS has been in the market for barely a week, after its ICO, and has been on a declining path since. It has trimmed over half of its initial price of $0.023, given its current price point of $0.011. It is apparent that bulls are backing off from this fight, with volume steadily coming down from $5 million to $900,000 at present. A number of traders continue to watch this trajectory closely, hoping desperately for a bottom to set in.

    THE Protocol

    THE Protocol (THE) is a cryptocurrency that has been in the trade since mid-November and has yet to find the bullish momentum to bring it the gains it seeks. As of yet, there is no end to its downward slip, with a further fall of 45% coming in just the last seven days. Such performance is typically expected of new players and could see a turnaround as developments and major announcements are seen in the future, showing the market some promise for growth.

  • ICO Updates and Hottest Airdrop Opportunities This Week

    ICO Updates and Hottest Airdrop Opportunities This Week

    Active ICOs

    MTG Coin

    One active ICO that has been making the rounds in the crypto market is that of the blockchain service, MTG, which will be coming to a close by Friday.

    The project lies in a unique concept that bridges the gap between the M2E phenomenon and burning tokenomics. At its most fundamental level, MTG seeks to act as a recurring lottery, where 1% of each transaction conducted is burned and entered into the winning pool. Through this, 10 wallets are announced as random winners on a weekly basis. Developers aim to introduce more token utilities by the third quarter of 2023.

    Artyfact

    The Artyfact ICO has just gone active, and with another 15 days to go, has already reeled in almost $900,000. Despite this strong head start, the token sale still has a long way to go with its fundraising goal set at $1.5 million.

    Metaverse gaming is seeing an explosion in players, so Artyfact aims to differentiate itself with a highly innovative play-to-earn economic model which results in a superior web3 gaming experience. Citizens of Artyfact get to play through the best aspects of AAA gaming while being able to spend their ARTY tokens on avatar customization, weapons, virtual estate, as well as other fun events on the metaverse.

    Ikonic

    Pulling in a sum of over $3 million, the token sale for Ikonic pushes on in full swing, with the ICO to come to its end this weekend. The project has gathered a large following among its supporters and investors alike.

    Ikonic envisions a platform aimed toward the e-gaming realm, bringing value to both gamers and enthusiasts. Within the platform, fans and players alike can immortalize the most memorable moments as tradeable tokens. Furthermore, Ikonic also serves to act as the ideal platform for rising stars to establish their very own community of dedicated fans.

    Upcoming ICOs

    Fasttoken

    An upcoming ICO that is worth taking a look at is that of Fasttoken, which is a fully Ethereum-based cryptocurrency, which is to be the native token of the Fastex chain ecosystem. Even before its initiation, this project has successfully raised a sum of a whopping $25 million and aims to close at a staggering $71 million total.

    The reason as to why bulls have been rushing to Fasttoken is the fact that the Fastex chain ecosystem already holds over 1 million users across the globe. As Fasttoken introduces more utility-based aspects, the organic growth potential of the token remains substantial. 

    Carbon

    The Carbon ICO is also an extraordinary one to keep track of, which will be kicking off later tomorrow. Carbon is essentially a high-speed and secure web browser for android devices and has been making the rounds in the market.

    Carbon’s appeal stems from its immersive web3 experience, as well as the 100% privacy it offers through decentralized VPN and firewalls. Similarly, it allows users to earn tokens and other rewards as they browse on. Its optimized search engine and superior AdBlock mechanism ensure high-speed browsing that is three times faster than traditional mobile browsers.

    Koakuma

    The Koakuma project also will be seeing its ICO initiate later tomorrow and has remarkably pulled in almost $3 million of its $3.7 million financing target. As a game, Koakuma draws inspiration from top names such as the world of warcraft, Diablo, and Gigantic.

    The reason for its early success in token sales comes from the promise it holds as a blockchain-based action RPG game, which is in many respects, unlike any other. It brings in high transition speeds, which results in an extremely smooth and immersive gaming experience, made possible by its positioning on Polygon. Gas fees on Koakuma are close to zero, and its rewards are highly sought after by players.

    Ended ICOs

    Medieval Empires

    The ICO for the Ertugrul-themed web3 gaming project, Medieval Empires stands as being among the most recent to have come to an end. The token sale was highly successful, especially given the fact that it managed to meet its complete fundraising target of $4.76 million.

    The game draws in on the wild success of the highly-popular television series, Ertrugrul, and thus already has a giant following among gamers. Medieval Empires brings to life a highly immersive gameplay experience, allowing players to build, conquer and prosper. The in-game rewards such as the physical and digital utility-based NFTs adds strongly to the overall appeal surrounding it.

    Hottest Airdrops

    Brine Airdrop

    1. Check out the Brine testnet page.
    2. Please connect your wallet.
    3. Change the network to Goerli.
    4. Get testnet Ethereum from this link.
    5. Return to Brine and choose “Wallet” to get your test tokens.
    6. Now make a USDC deposit.
    7. Make trades by clicking the “Trade” button.
    8. They’ve mentioned issuing their own coin and performing an airdrop to early adopters. Early users that participated in testnet operations may be eligible for an airdrop once their own token is launched.

    Art Blocks Airdrop

    1. Enter the Art Blocks airdrop claim site.
    2. Sync your wallet and receive two NFTs from the “Friendship Bracelets” initiative.
    3. Users who had at least one NFT from Art Blocks by October 26th, 2022, will qualify for these NFTs.
    4. Participants must claim their NFTs no later than 10th January 2023
    5. On OpenSea, these NFTs are now trading at a floor price of 0.5 ETH.
    6. See this page for additional details on the airdrop.

    Hashstack Airdrop

    1. Go to the Hashstack testnet website.
    2. Simply link up your Argent wallet.
    3. Switch to the Testnet 2 network.
    4. Now, select “Get tokens” to obtain test tokens and test Ethereum.
    5. Borrow tokens and deposit test tokens.
    6. They do not currently have their own token but may do so in the future. Early users who have completed testnet actions may be eligible for an airdrop if their token is launched.
  • Crypto Weekly Overview: News Updates and Market Sentiment

    Crypto Weekly Overview: News Updates and Market Sentiment

    After an apparent paralysis in the crypto-market, it appears the illusion of immobility is soon to be shattered, as top cryptocurrencies jerk into action after their stable states. Ethereum has climbed onto a three-week high whereas Bitcoin too is trading at the highest point it has been at, during the last eight days. This shift in momentum comes about as the market braces for the report by the Federal Open Market Committee, in order to gauge the wider state of the economy.

    Highlights of the week

    • In the recent development following fraud charges on the disgraced FTX head, Sam Bankman-Fried has pleaded not guilty, to the charges laid out against him by the judge of the Manhattan courthouse. The charges include six counts of varying degrees of conspiracy and at least two counts of wire fraud. The news comes as surprising for many onlookers in the crypto space, expecting SBF to plead guilty, and go for the plea deal.
    • In a joint statement, several US regulating agencies have issued warnings to the banking industry, calling for caution towards the risk inherent to cryptocurrency exposure. These regulators include the Federal Reserve, the Office of the Comptroller of Currency, and the Federal Deposit Insurance Corporation. They emphasize the dangers of crypto-volatility, to which banking business models are particularly vulnerable.
    • Following non-compliance with the host agreement, the bankrupt Core Scientific has agreed to shut down over 37,000 BTC mining rigs, currently under operation by Celsius. Celsius, which also has filed for bankruptcy owes Core Scientific almost $8 million for hosting and energy charges. The news is highly significant, especially with Core Scientific’s previous position as the industry’s largest crypto miner.
    • The Nigerian cryptocurrency exchange, Roqqu, came with a major achievement, after getting authorization which would allow it to begin operations in up to 28 countries based in the EU. This license acquisition is a major step for the exchange, which could accelerate its expansion by a considerable degree.
    • In a recent conference hosted by the World Economic Forum, the financial industry’s leaders reviewed the tumultuous 2022, and its impact on cryptocurrency in particular. There appears to be consensus across the board that blockchain-based decentralized finance will remain fundamental throughout the future.

    Crypto fear & greed index

    Market sentiment remains static for yet another week, with little movement being seen throughout the prior month. The Crypto fear and greed index denotes a figure of 29, which lies within the fear zone. According to the index, market sentiment has hovered around this region since late November.

    Even the change of the year could not woo market players to take a more optimistic stance on the wider crypto sphere. It is apparent that market sentiment never really saw recovery since the FTX contagion hit. Only time may tell when the index may see a shift in either direction. Many analysts have pointed out, however, that this bearish sentiment is not unique to cryptocurrency market participants and reflects a wider sense of negative outlook linked to macroeconomic uncertainty, and fears of a potential recession.

  • Crypto Winners This Week: ATH Coins and Top Gainers

    Crypto Winners This Week: ATH Coins and Top Gainers

    Despite wider market pessimism and a general sense of uncertainty about when the cryptocurrency market will once again resume its rise to glory, market bulls have been in action recently. Several cryptocurrencies underwent tremendous price rallies in recent days, which took their price points to new highs, breaking their all-time records. At the time of writing this newsletter, the following names stand as the top ATH coins seen in recent days:

    Crypto

    ATH coins

    Napoli Fan Token

    Napoli Fan Token (NAP) is the first winner on today’s list, which exploded in price earlier today, taking it up from $2.96 to $7.07, translating to a rocketing 138% take-off. Its present price is the highest NAP has been trading at since early September, last year. Being a football fan token, its price is particularly sensitive to club-related developments. This surge in interest may likely relate to the recent signing of Moroccan midfielder, Azzedine Ounahi.

    Cryptorg 

    Cryptorg (CTG) previously established its all-time crypto high at $0.068, early in August last year, never to be surpassed in 2022. However, as bullish momentum began surrounding CTG by new year’s it took on a consistently incredible climb, rising by each day. Today CTG hit the $0.072 mark, setting a new record, and proving itself as a capable winner during the day. This institutional broker for Binance is still unlisted on major exchanges, which does spell cause for caution.

    FanCoin

    FanCoin (FTC) has been on a continuous climb mode since its launch in late November, without falling back after its takeoff. Its gradient took a steep rise during the final matches of the FIFA world cup, owing to the surging interest surrounding the sport and fan tokens. Due to its persistently upward trajectory, FTC has been setting all-time highs on almost every consecutive day. Today, FanCoin made it to $0.0138, setting yet another benchmark, which it, in all likelihood, will continue to surpass in the upcoming days.

    Foundation 

    Foundation (FND) has been swapping hands in the secondary market for about a month, yet saw its breakthrough yesterday as it became part of an epic bullish rally. The cryptocurrency has come a long way in its climb from $0.0000008 to $0.0000062, in a matter of barely two weeks. This climb amounts to a jump of a whopping 675%. The heightened interest comes after Foundation’s Beta testing went live, and results showed its mixer working perfectly.

    VNX Gold 

    VNX Gold (VNXAU) has been treading the path of slow and steady, with its single digital growth persistence seen on a daily basis. Such a stable growth trend is not the norm in the crypto markets but is sure to prove to be a winning path for VNX. This stability comes with its backing to the price of physical gold, making it a great store for value, and a crisis-time investment. VNXAU hit $59.95 today, a new all-time high, and is all set to cross the $60 mark later today.

    Top Movers (24H)

    Similar to the ATH coins discussed above, another domain where winning crypto-players were seen in the market as of late, was with top-movers of the day. These are the cryptocurrencies that took the most epic of price climbs, within the last 24 hours. At the time of writing this newsletter, these are as follows:

    Bonk 

    Bonk stands as the clear crypto winner in this category with its single-day gain of nearly 250%, along with its trade volume of over $180 million. This Solana dog coin is fast becoming a favorite among meme-coin enthusiasts on social media while being well on its way to overtaking the popularity of Dogecoin. This craze comes, despite being in circulation for less than a week, yet its strong community has triggered an epic bull rush, causing Bonk to climb wildly.

    BITCONEY

    BITCONEY saw a thrilling rollercoaster of a price trend today, as its initial price of $5.80 shot up to $28.70, and then briefly plunged back down to $5.30. In the hours that followed, however, BITCONEY stabilized at $18, putting its net crypto gains for the day at a remarkable 210%. The cryptocurrency’s trade volume in the last 24 hours has risen drastically from $2 million to $13 million. The hype comes as BITCONEY’s listing on Bitmart fast approaches before the 15th of January.

    XYO

    XYO is another big name on today’s crypto market radar, with a volume of over $35 million. Today, XYO saw its price climb from $0.0047 to $0.0092, signaling a sustained climb of over 95%, essentially almost doubling its price in a single day. Since the latter half of 2022, the cryptocurrency has been on a downward slump, and its present volume levels are at their highest since August of last year. This bullish rally holds all the signs of a classic pump, which could come crashing down anytime, later today.

    Black Token

    Black Token (BLACK) has just had its most successful day in its one month of changing hands in the market. It almost doubled its price in the last 24 hours, in its journey from $0.0029 to $0.0055. This amounts to a 90% jump and coincides with the developers releasing a much-awaited wallet update. The team continues to push on with optimization efforts and will very soon be launching its very own Google Chrome extension.

    Locus Chain

    Locus Chain (LOCUS), the Korean decentralized blockchain crypto protocol, has been having a field day today in the market, with a stellar price gain. It jumped from $0.026 to $0.041, bringing in unrealized gains of over 57% to its holders, all within a single day. It is concerning, however, that this pump comes without any updates to the Locus Chain, other than a revamping of its official website. Many market participants are rightfully pointing out that it may be too late to hop on aboard the Locus’ climb.

  • NFT Weekly Highlights: News Stories and Hottest Opportunities

    NFT Weekly Highlights: News Stories and Hottest Opportunities

    In a surprising new revelation, a popular Twitch streamer and founder of several NFT-related projects, DNP3 openly admitted to a gambling addiction. He went on to state that as part of this behavior, he also lost investors’ capital amounts, in the hopes of winning big, and recovering prior losses. Furthermore, he pointed out that as a result of his gambling addiction, he had lost all the funds he had access to, releasing a formal apology to shareholders through his Twitter account. The market cap of the Goobers Project sunk drastically as a result, as well as the price of CluCoin, which plunged by 65%.

    The highly popular NFT monitoring service, Inspect recently announced that it will be closing down all operations by the 17th of January, leaving crypto and NFT enthusiasts on social media in utter shock. The company stated in a series of Tweets that the difficult decision comes as interest in the global NFT market continues to plunge from its highs of early 2022. In fact, from between the second and third quarter of 2022, worldwide trade volume dipped by 77%. The move bodes poorly for the wider prospects of the realm of non-fungible tokens.

    In the last few days following the 1st of January, a series of high-profile hackings took place, targeting developers of top NFT projects. The renowned NFT collector, CryptoNovo revealed how nearly $700,000 worth of NFTs transferred to an anonymous hacker account, who successfully liquidated the tokens within hours. CryptoNovo’s Discord channel seems to fall under compromise too, with the hope of attaining additional digital assets. Similarly, the COO of CloneX fell prey to a sophisticated phishing attack, resulting in the theft of dozens of tokens, which amount to almost $150,000.

    NFTs to Watch

    The Field by Beervangeer NFT

    The Field by Beervangeer is an NFT-based art project, which was developed by Art_Blocks. This collection is basically inspired by the current trend in picture creation made possible by machine learning technology, resulting in a unique and dynamic art form.

    The spaces within the field are basically a part of our human collective psyche; a hyperdimensional field of endless possibilities. The algorithm intricately curates art forms of this nature, which shows a connection to symbolism and language that is quite ‘human’. The project is a highly creative addition to the growing domain of next-generation digital art.

    Sappy Seals NFT

    The Sappy Seals NFT project has been seeing a remarkable rise in interest, with its floor price jumping by upwards of 90%. Sappy Seals is the coolest NFT collection for those looking to be part of a fun, community-driven metaverse expansion project.

    Each of the tokens within this collection falls under the PFP class and represent a rich, and fast-growing ecosystem. Holding a Sappy Seal yields a range of benefits, such as access to the exclusive metaverse market platform, along with an open-world cross-community allowing ownership of Pixl Pets.

  • Crypto Weekly Highlights: Market Overview & News Stories

    Crypto Weekly Highlights: Market Overview & News Stories

    The first of January 2023 brought renewed hopes and promises for change among many circles. Unfortunately for the realm of crypto assets, however, hardly any change appears in the markets, with the prices of top crypto names remaining unmoved as they were throughout December. With BTC and ETH moving only slightly throughout the prior weeks, many analysts maintain that the worst of the crisis may very well be behind us.

    Crypto-Highlights of the week

    Despite its successful start, China’s digital Yuan project has proven to be quite below expectations, according to comments made by the central bank’s head of research. He stated that the masses are comfortable with cash and card-based payments, with the digital alternative offering hardly any benefit as an incentive to switch over.

    Following several developments relating to digital currency use in Russia, seen throughout 2022, a new milestone comes to pass, as the draft law for the Digital Ruble enters the parliament hall. Lawmakers will discuss the implementation of this next-gen national fiat while going over which areas to amend, in order to smooth overall facilitation.

    Italian lawmakers have passed a new 26% capital gains tax aimed toward crypto investors, as part of the 2023 budget. Additionally, the bill also includes incentives for traders to enter into the tax bracket, with significant fines placed upon those with undeclared holdings, which will see an increase on an annual basis.

    Following the desperations of uncertainty, Japanese investors impacted by the FTX fiasco will soon be able to pull out their funds parked in the exchange. The entities, Liquid and FTX Japan have come up with a system that enables investors to access their funds by February, as the bankruptcy procedure continues in full swing.

    The head of Morocco’s central bank revealed that a draft law governing cryptocurrency use in the country has been put into writing, and will be shared with relevant institutions and stakeholders. He further described crypto acceptance as an “inevitable” reality, hence pushing the need for a defined regulatory framework to exist.

  • Crypto Weekly Review: Top Weekly Gainers and Losers

    Crypto Weekly Review: Top Weekly Gainers and Losers

    Even though top crypto players such as Bitcoin and Ethereum failed to snap out of their paralysis, several names in the crypto market have brought on spectacular gains this prior week, with the entry of 2023. At the time of writing this newsletter, these weekly gainers stand as follows:

    Crypto

    Top Weekly Gainers

    CryptoZoo

    Despite being allegedly referred to as a scam coin, CryptoZoo (ZOO), saw an incredible takeoff, throughout the prior week. CryptoZoo, which is founded by the internet celebrity, Logan Paul, aims to operate via autonomous zoo ecosystems which facilitate the breeding, collection, and trading of hybrid digital species. With all the controversy his promotion had brought, ZOO has seen an impressive climb of 975% in only 7 days, taking its price up to $0.0000065. The price trend indicates that fans and supporters of Logan Paul vastly outnumber the critics, at least in terms of market participants.

    Bonk

    Amid news reports that Bonk will see listed on coinbase, market bulls were awakened from their slumber, and began rushing this cryptocurrency in an incredible manner. Since as recent as new year’s day, Bonk saw its trade volume rocket upwards from less than $90,000 to over $18 million. With all this bullish attention, the cryptocurrency saw its price surge in the last week from $0.000000092 to its present high of $0.000001001. This spectacular rise translates to a weekly gain of over 800%, in only a seven-day window.

    Trace Network Labs

    With a recent announcement from Trace Network Labs (TRACE), of new liquidity being added, and subsequent distribution to all holders, the market rushed the cryptocurrency on the 31st of December. As a result, its price exploded from $0.0078 to $0.6311, denoting a rocketing gain of almost 8000%, in a matter of a few hours. However, the market was soon to correct this sporadic rise, bringing TRACE back down to $0.1080. Despite this, the cryptocurrency is now trading with a weekly gain of a remarkable 1250%.

    Shikoku

    Shikoku (SHIK) has also made it to this week’s hall of fame, with its 585% takeoff, which places it at a current price of $0.00000001979. Its present volume is on the verge of crossing the $1 million mark, which is the highest level it has been throughout the past week and has climbed by 65% in the last 24 hours alone. Based on this momentum, the climb for SHIK may have only just begun.

    UpOnly

    UpOnly (UPO) has also come in with a very successful price climb, after more than doubling its market capitalization in a single week. During this time, UPO went up to $0.0135, from $0.0050, denoting a weekly gain of 170%. This rise comes as both the project’s staking and ICO platform go live, in the upcoming days.

    Top Weekly Losers

    As would be expected, just as bulls took several cryptocurrencies to impressive highs, so too were born active in the market this prior week. As a result, several crypto-names took disappointing plunges, bringing in hard weekly losses. At the time of writing this newsletter, the following made it to the list of top weekly losers:

    FaceDAO

    Even though FaceDAO has climbed by 14% in the last 24 hours, looking at its price trend over the week shows a disappointing price trajectory. The cryptocurrency has seen a sustained price fall from $0.000000455 to a present low of $0.000000094. This adds up to an overall price shed of over 79%, in barely seven days. During this period, volume too has been steadily dropping from $1 million to almost $300,000, making the prospects of a bounce-back even dimmer.

    hiFLUF

    The recently launched crypto-name, hiFLUF began its dip almost immediately after its introduction into the secondary markets, with an initial price of $0.01450. With a persistent downward slide coming about in the prior days, hiFLUF is now trading at $0.00468, which is 68% below its price of a week ago. The market is clearly re-pricing this new player, and pushing down the benchmark amid the wider market uncertainty.

    PLC Ultima

    PLC Ultima (PLCU) is a high-value mass-use crypto tool, allowing users to access global financial infrastructure. Despite this however, the last week had proven to be rough on this crypto-asset, as it began its descent from $1906 to $987, within only 7 days, and ringing alarm bells among its holders. During this time, it has shed almost half of its total price. The panic comes after developers changed PLC to PLCU without prior warning changing its base-rate in the process.

    hiDOODLES

    After a highly successful gain in the prior week, hiDOODLES has apparently shifted gears and is moving in the opposite direction, reversing all of its gains as a result. On Wednesday, the crypto-asset peaked at over $0.82, which immediately brought in a downward shift. Throughout the week, bears continuously dragged down the crypto name, putting its current trade price at $0.17. In barely a week, hiDOODLES has seen its price shed by almost 80%.

    World Cup Inu

    Finally, we turn to the most significant among weekly losers, World Cup Inu (WCI), with its weekly price loss of over 97%. With the world cup fever fast wiping away, the appeal of tokens relating to the event has clearly also been dying out of favor. WCI’s plummet began earlier today, despite a stable week, in a coordinated mass selloff, and hardly any prospects of a fightback.

  • ICO And Airdrop Opportunities To Keep Watch Of

    ICO And Airdrop Opportunities To Keep Watch Of

    Active ICOs

    NFT3

    NFT3 is another current ICO option in the field of NFTs to consider. The basic notion is quite appealing, especially given NFT3’s goal of becoming Web3’s first unified virtual identity network. Additionally, many are celebrating the underlying concept it offers, which allows users to integrate their identities across each of the layers of Web3 applications. This offers exceptional advantages to users such as personal monetization, which could act as a game-changer to the Web3 phenomenon.

    NFT3 is a highly intriguing project and offers a way to the first functional and confirmed concept of a global passport in a web3 context. It combines user credit ratings with their digital identity via DID features, all while maintaining the anonymity inherent in the blockchain.

    Immunify.Life

    The Immunify.Life (IMM) ICO has been ongoing for some time and is expected to conclude sometime around this week. During this point, the token sale has raised a sum of $2.16 million, well above its initial target of $300,000.

    Immunify.Life is working to radically alter the present healthcare system, which it intends to empower using blockchain data by eliminating inherent disparities. The concept is inherently self-sustainable and transformative, while also being operationally successful through the use of AI technology. The blockchain service’s ability to remove geopolitical barriers to healthcare via the value of NFTs is particularly remarkable.

    Ikonic

    Ikonic is another active token sale that has raked in $3.25 million, attracting the attention of market participants. This figure is projected to rise more in the following weeks as the token auction nears its conclusion.

    Ikonic is a gaming platform that offers a novel idea and caters to a potentially sizable online market. It essentially empowers gamers to record any memorable gaming moment and mint it as their very own NFT. Given the prevalence of e-gaming across platforms such as Twitch, YouTube, etc. such NFTs hold the potential to attract a sizeable market. Many enthusiasts may be keen to collect and exchange, all while receiving monetizable advantages from them.

    Upcoming ICOs

    Koakuma

    The upcoming token sale for Koakuma is a highly anticipated one and is expected to see its initiation by mid-January. Koakuma has gained a strong following among enthusiasts of fantasy RPGs, given the epic gameplay it enables within a blockchain context.

    Koakuma, despite its rapid transition speed, captivating visuals, and exciting gameplay comes with almost zero fees, while giving players the chance to plunder in-game tokens and NFTs. This immersive fantasy is expected to cause a ruckus in the market and overachieve in its fundraising. As of yet, it has already reeled in almost $3 million, before the ICO has even begun. 

    Neptune Mutual

    The Neptune Mutual (NPM) ICO is also an extraordinary one to keep watch of, with the offering expected to fire up within this very month. Even before the beginning of its token sale, the project has already pulled in over $10 million, denoting its wild success.

    Taking a look at the project itself, Neptune Mutual is essentially a cover protocol, which is structured in a multi-chain and decentralized manner. It ensures a great way for crypto market participants to significantly reduce their exposure to risk and volatility. After selecting a cover pool of a specified duration, users receive a stable-coin payout following incident resolution.

    Futurent

    The ICO for Futurent (FTR) is scheduled to begin sometime this month, and the market has already poured in a sum of $1.7 million, towards funding the blockchain service.

    Futurent aims to establish itself as a pioneering leader in the realm of NFT real estate, offering fractional units to interested parties in a blockchain, defi-based platform. The project also is highly promising given the potential it holds in bridging the metaverse with real-life, physical assets.

    Ended ICOs

    EMG Coin

    The ICO for EMG Coin has finally come to a close today, after gathering sufficient funding to proceed. The effort is the brainchild of the Emeldi Group, a consortium of five software businesses from across the globe.

    The Emeldi Group’s management banded together to develop an eCommerce telecom super-app featuring the EMG coin as the utility token, enabling P2P value transfer, customer orders, and payments to various vendors and merchants. The project has full access to the Emeldi legacy software’s intellectual property and assets, which considerably enhances its overall utility and effectiveness, as a merchant platform.

    MTG

    MTG’s token sale was one out of several that ended last week. MTG brings to life a creative concept, which is unparalleled in many areas, especially when considering it is the first blockchain idea that puts together burning tokenomics and the meme token trend into a fully practical M2E system.

    MTG harnesses the complete potential of blockchain in a variety of domains, significantly improving the overall digital offering via a comprehensive ecosystem. Even though the ICO was apparently popular among crypto circles, this financing initiative was unable to generate enough cash to meet its fundraising target.

    Hottest Airdrops

    ZKasino Airdrop

    1. Enter the ZKasino testnet website.
    2. Link to your Metamask wallet.
    3. Switch to the Polygon, Arbitrum, zkSync, or Fantom testnet networks.
    4. Next, select “Request and tweet” to acquire testnet tokens.
    5. Then click “Mint” to create ZKUSD (ZKasino USD) to use in the games.
    6. Then, go to “Explore games” and start playing various games.
    7. Players who have completed the above steps will become eligible to receive an airdrop, after Zkasino launches its exclusive token

    KwikTrust Airdrop

    1. Register a KwikTrust account.
    2. On Twitter, follow KwikTrust and our exclusive Airdrop
    3. Share this tweet.
    4. Join the KwikTrust Telegram channel and the io Telegram group.
    5. Fill out the special airdrop form below with your information.
    6. The first 60,000 entrants will each get 50 KTX.
    7. You will also receive 10 KTX for each referral.
    8. Use this form to check your referral balance.
    9. The prizes will be given out on March 31st, 2023.
    10. Users who register with KwikTrust will also be entered to win a $250 Amazon gift card.

    Uniswap Airdrop

    1. Go to the Uniswap app.
    2. Link in your Ethereum wallet.
    3. If your wallet checks out the eligibility requirements, a “UNI has arrived” window will appear on the Uniswap platform.
    4. Select “Claim your tokens” to complete your claim. Due to increasing petrol prices, don’t forget to establish an adequate gas restriction.
    5. If you are having difficulty claiming your free UNI, look for alternate claim links on their official social networks.
    6. UNI is already available for trading on Binance, KuCoin, Huobi, and OkEx. Coinbase’s listing has also been announced.
    7. See this formal notice for more details on this airdrop.
  • Crypto Market Developments: News and Sentiment

    Crypto Market Developments: News and Sentiment

    The fateful 2022 may be coming to a close, but the struggles for the crypto market appear to be far from over. Bitcoin price underwent a severe plunge yesterday, taking it down once again beneath $16,500. These gradual slips show no signs of recovery and appear to be an indication of a wider market fall in overall confidence. According to analysts, this negative sentiment stems from uncertainty surrounding the Federal Reserves’ future course of action, amid macroeconomic uncertainty.

    Highlights of the week

    • Microstrategy Inc. is one player in the crypto market which is seeing the present downturn as an opportunity to buy the dip. This week, the NASDAQ-listed company went on to purchase over 2500 Bitcoins, pushing its overall total up to 132,500. The company’s founder continues to emphasize that BTC’s rise is inevitable, and it continues to prove itself as an institution-grade digital asset.
    • The global crypto exchange, Kraken, recently revealed plans to shut down its operations in Japan, citing a weak crypto market in the country. In a press release, the company stated that the present market dynamics do not offer a major opportunity that would justify resource allocation to Japan.
    • The Argentine senate has been discussing a recent bill that aims to regulate and restrict the manner in which crypto-related advertisements are carried out in the country. The move comes following concerns that information of such a nature normally does not spell out dangers that investors should be aware of, and can also spur fraudulent activity.
    • According to a recent report, private banks in Venezuela have suspended over 75 accounts, allegedly for dealing in cryptocurrency transactions of various natures. This oversight is expected to see increased vigilance in 2023, given the central bank’s dismissive approach toward digital assets.
    • The Securities and Exchange Commission in the Philippines has sent out an official warning to investors, advising against dealing with unregistered cryptocurrency exchanges. The regulator made clear that those affected by the FTX fiasco faced no real route toward the recovery of their capital, urging to deal with regulated entities instead.

    Crypto fear & greed index

    The Crypto fear & greed index continues lying within its immobile state, barely moving away from the figure of 28 in the low fear zone. According to the index, market sentiment has remained consistently fearful for at least all of December. Not even the Christmas time cheer could lift the spirits of the market, as many expected a bullish ‘Santa Claus rally’.

    As macroeconomic uncertainty continues to prevail over global economies, crypto market analysts point to a lack of clear direction, on the basis of which a rally can take place. Inflation in Europe, and a possibly aggressive interest rate hike further add to the negative views around the wider crypto markets.

  • Crypto Weekly Winners: ATH Coins & Top Movers

    Crypto Weekly Winners: ATH Coins & Top Movers

    Crypto

    Even though there is widespread uncertainty across the crypto market, and hardly any confidence in the broader macroeconomic conditions, some cryptocurrencies have performed remarkably as of late. Several names in the crypto-sphere have taken off to new peaks, establishing new all-time highs in the process. At the time of writing this newsletter, the following names stand as being the top ATH coins:

    ATH coins

    SpaceN

    SpaceN (SN), which has been in circulation for barely two weeks has been having a field time in the market. Since Christmas, SN has been making it to new highs, which it continues to push on to, even at the time of this writing. In the last week alone, the cryptocurrency has made it from $0.19 to its present price of $0.76, which it had never surpassed prior to this.

    City Tycoon Games 

    City Tycoon Games (CTG) has once again made it to our list of ATH names, after its impressive climb during the previous week. This time around, CTG has set a whole new benchmark, in crossing the $0.11 mark. Ever since its listing on Gate.io, this monopoly-themed game token has been gaining wild popularity across the market and is soaring to new heights.

    Fame Reward Plus

    Fame Reward Plus (FRP) since its two months of swapping hands in the market, enjoyed its most bullish week, in the wake of Christmas-time cheers. In just the last week alone, the cryptocurrency more than doubled its price from $24 to $56. Its price rise had been so impressive such that each day of the last week took it to a new ATH, with $56 being its latest achievement. This cryptocurrency is bound to climb to even more lofty highs.

    Soonaverse 

    Soonaverse (SOON) has been raising the bar for its all-time high since mid-December, and breaking its own personal record in a consistent manner, without fail. This bullish momentum has put SOON today above $0.67, setting the stage for further growth. Developers have been hinting at noteworthy partnerships, updates, and modules following New Year’s Day, which explains the increasing hype.

    hiPUNKS

    hiPUNKS has been seeing a phenomenal surge in the hype around it, which can be gauged through its trade volume rise from $200,000 to over $1.5 million within a single day. All this interest stems from the scheduled subscription of the hiPUNKS fractionalized NFT concept. In the wake of this bullish run, the cryptocurrency briefly surged from $0.099 to $0.283, within a single hour. This high peak now stands as the crypto-asset’s latest ATH point.

    Top Movers (24H)

    Although the crypto markets have taken a beating throughout 2022, and are expected to enter into the following year on a cold note, there have been some winners apparent in the market as of late. One domain where such winners are seen is in terms of cryptocurrencies undertaking rapid, single-day climbs. At the time of writing this newsletter, these top movers are listed as follows:

    VCGamers (VCG)

    VCGamers (VCG) takes the lead in today’s hall of fame, with its price rise from $0.0135 to over $0.0250, translating to a daily gain of an impressive 85%. During this same time, VCG saw its trade volume explode by 12,000%, from barely $6,000 to over $800,000. With no updates relating to the project in sight, many have been cautioning against this rally, calling it an artificial pump.

    STAT

    STAT witnessed an explosive price rise earlier today from $0.49 to $2.79, in a brief jump of almost 470%. As the day progressed, however, STAT returned back to earth, and traded close to $0.89 throughout the day, putting its net gains at 82%. This surging interest comes with STAT’s listing today on the Bit Thump Exchange, which is seeing commemoration with a generous airdrop to holders.

    Dent

    Dent is one of the biggest names on today’s list with its trade volume of a whopping $142 million today, up 6000% since yesterday. Amid this growing volume, DENT rose from $0.00058 to a peak of $0.00091 earlier today, denoting a gain of an impressive 57%. The project offers a promising concept of tokenized mobile data, and has been seeing interest across the world, which may have acted as an initial trigger for today’s bullish rise.

    GoCryptoMe

    GoCryptoMe (GCME) has also been on the wider crypto market’s radar today, with its trade volume crossing the $20 million point. With so many bulls seemingly activated, GCME witnessed a sustained, but incredible price takeoff, taking it from $0.012 to $0.021. This 75% jump comes as the project brought GCME farming online, providing crucial liquidity benefits to each of its holders.

    hiDOODLES

    hiDOODLES, after featuring on our list of winners for a number of weeks, has once again proved its mettle by coming out as a top gainer today. In what appears to be the most sustained pumping of a cryptocurrency, hiDOODLES, today exploded spontaneously from $0.31 to $0.88, in a jump of over 180%. As the day progressed, however, the crypto name began stabilizing close to the $0.51 mark, bringing in its net gains for the day at 65%.