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Category: Crypto News

  • Crypto Winners & Losers of the Week

    Crypto Winners & Losers of the Week

    Despite the precarious circumstances surrounding the wider crypto market, bulls seem to be heavily engaged in some epic price rallies. Although they are far outweighed by market bears, there appears to be a coordinated effort in several upward price surges. At the time of writing this newsletter, the following cryptocurrencies stand as being top weekly gainers:

    crypto winners

    Top Weekly Gainers

    Saltmarble

    One of the most impressive price trajectories seen in the prior week has been that of Saltmarble (SML). It saw an explosive yet sustained price rise that took it up from $0.65 to over $14. Although its price is now at almost $12, its gains stand at over 1700%. This rally seems to link to a number of crucial SML updates, such as its listing on Coinone KRW market, as well as an upcoming prototype release. 

    Fable of the Dragon

    Fable of the Dragon (TYRANT) too, had embarked on an epic crypto flight path, rising from $0.042 to $0.334, within a seven-day timeframe. This translates to a price take-off of nearly 700%. TYRANT has just recently seen its launch into the market, following a successful ICO, after which the market raised its price, by a considerable degree.

    Project TXA

    Project TXA saw its price climb by 440% in the last seven days, making it a clear winner on the board of crypto honors. Its price had remained stable throughout the week, hovering close to the $0.31 mark. Earlier today, however, It saw a sudden surge to $2.60. Although it is now trading at $1.59, its volume figure of nearly $4 million suggests that the bulls may not yet be done with their play. The rally seems to coincide with TXA’s announcement of building its own SDP dashboard.

    MobileCoin

    MobileCoin (MOB) stands as the most hyped coin in the crypto market this week, after it saw its trade volume take off from merely $400,000 to a whopping $485 million mark. The interest surrounding it comes after Twitter announced its plans to integrate signal protocol on its platform, as a means to ensure encrypted messaging. At the height of this craze, MOB had gone up from $0.55 to $2.81. Although its price is now down to $1.41, MobileCoin has still gained an impressive 157% in the prior week.

    Echain Network

    Holders of Echain Network (ECT) experienced a thrilling roller-coaster of a ride this week, as ECT price rose from $0.0017 to a peak of $0.0159, by Monday. In the day that followed, however, the token undertook a hard plummet, bringing it down to its present price of $0.0082. Despite this fall, ECT’s net gains for the week still stand at an impressive 420%.

    Top Weekly Losers

    As would be expected amid such tumultuous market conditions, the losers of the week far outweigh the winners. A number of crypto-names undertook hard plummets across the last seven days, and delivered irreversible losses to its holders, in the process. At the time of writing this newsletter, the following cryptocurrencies stand as the top losers of the week:

    Wemix

    Wemix saw its trade volume jump to $620 million this week, a move which was accompanied by a severe price plummet. During the bloodbath, Wemix had dropped from $1.67 to a low of $0.35. The panic surrounding the token comes after the top Korean crypto exchanges announced plans to delist Wemix. Traders have been mass-selling it ever since, to avoid the threats of a potential liquidity crisis.

    Unicorn Token

    Another losing name from this week is that of Unicorn Token (UNI). UNI had started off the week impressively, climbing from $0.00076 to a high of $0.00097. What followed was a nosedive in UNI price, as it tumbled hard to a low of $0.0002. At present, UNI has shed over 74% of its price in the last week. There appears to be severe distrust towards the crypto-project given the lack of any information such as a Whitepaper, and an official webpage.

    GoatFi

    Following its ICO, GoatFi (GFI) has recently been launched into the market and began its journey with a hard drop. During this short period, its price has seen a fall from $0.013 to $0.005. There appears to be a widespread perception that the token was incorrectly priced during its offering, and a downward correction was overdue. Things could possibly take a turn for GFI, as its trade volume continues to gradually push upwards. The net losses for the week translate to almost 70%.

    Argentine Football Association Fan Token

    Following Argentina’s historic loss to Saudi Arabia in the ongoing FIFA world cup, the Argentine Football Association Fan Token (ARG) saw a hard plummet over the week, from $7.30 to $3.46. The loss in crypto value comes, as Argentina’s chances of taking home the cup dwindle ever lower. The token saw its price drop to less than half in just seven days.

    NuriFootBall

    Yet another football-related cryptocurrency that made it to today’s list of top losers was NuriFootBall (NRFB). The token fell from $0.0222 to $0.0055, within a week. The panic arose after NRFB was delisted in Mexico, resulting in a downward slip of over 64%. Its volume has climbed in the last 24 hours by 34% to surpass the $1.3 million mark.

  • ICO and Airdrop Opportunities

    ICO and Airdrop Opportunities

    Active ICOs

    Atlas Navi

    The ICO for Atlas Navi (NAVI) is an exciting one and brings to life the first ever Drive-to-Earn, navigation concept, which is powered by artificial intelligence. The smart tools that are a part of the project allow drivers to avoid traffic obstructions, and deliver, in real-time, information relating to parking space availability and police car presence.

    The project is highly compelling, given the utility it offers to hundreds of millions across the world. Given this appeal, it has successfully pulled in almost $2.75 million, with the token sale expected to end later today.

    VJRAM

    The VJRAM ICO is another red-hot opportunity in the market, which is pushing along in full throttle. It has met 73% of its $3.75 million fundraising goal and expects an even higher achievement as it approaches its close.

    The VJRAM platform aims to increase users’ “interconnectedness” throughout the metaverse while supporting a virtual world experience, which is highly immersive. Players in VJRAM may travel through and explore a variety of virtual worlds while competing with one another and gathering iconic and priceless NFTs along the way.

    Hooked

    Another exciting opportunity that one must not miss is that of the Hooked (HOOK) ICO. The project is essentially a protocol aimed at empowering social engagement in the Web-3 context. Through its revolutionary blockchain tools, Hooked allows the establishment of viral growth infrastructure and a smooth linking of web2 communities to the Web-3 realm.

    Hooked has successfully pulled in a whopping $6 million sum in token sales, which it expects to take up to $8.5 million in the coming days. This ICO has been gathering significant attention from the market, given its innovative approach.

    Upcoming ICOs

    5ire

    An upcoming ICO that is turning heads in the market is that of 5ire, which is expected to take place in mid-December and has already brought in an incredible $221 million sum. The fact that 5ire, which represents the supposed 5th industrial revolution has the backing of giant investors, speaks about the potential inherent to it.

    5ire is a blockchain network that empowers its users in ways that have never been attempted before. It enables users to create both fungible and non-fungible assets and also enables atomic token swapping via the 5ire ecosystem. Its multi-signature feature and unique naming service also vastly broaden its overall appeal.

    Medieval Empires

    The upcoming ICO for Medieval Empires (MEE) is another highly anticipated one and has been causing quite a storm in the crypto market. The sheer hype around it can be gauged from the fact that it has successfully raised $3.7 million in token sales, against its initial target of $318,000, even before the ICO has officially initiated.

    As the name suggests Medieval Empires is set in a historic realm, allowing players to build, conquer and prosper. Through on-chain gamification, the possibilities are limitless, and the physical and digital NFTs within the ecosystem vastly enhance the appeal of the game.

    O-Mee

    The O-Mee (OME) ICO is one that is being watched closely, and will officially begin in late December. Despite this, backers have collectively contributed $3.4 million to the project.

    O-Mee essentially aims to set up a truly next-gen social media platform, which is driven by its alternative function as an NFT marketplace. With its subscription-based model, it allows for a zero-commission approach. Hype around the project is expected to heighten significantly as the ICO launch approaches its initiation.

    Ended ICOs

    Primal

    Another ICO that came to a successful close in recent days has been Primal. Last week, it had brought in $860,000 in token sales, which it managed to push up to $2.3 million, eventually.

    The Primal project revolves around a move-to-earn concept that is supported by existing health-monitoring devices such as Apple Watches or FitBits. It positions itself as the ideal sports training platform, which not only rewards users but also grants them the opportunity to interact and trade valuable tokens with each other. The appeal of Primal is further improved by its partnership with top sports stars, the inner circles to whom users can gain access.

    Hottest Airdrops

    Metacade Airdrop   

    1. Go to the giveaway webpage on Metcade.
    2. Register an account by filling in your information.
    3. Earn entries by doing the listed tasks.
    4. You can expand your number of entries through referrals.
    5. From the pool of all participants, 10 lucky individuals would be awarded $250 each.

    ParaSpace Airdrop

    1. Visit the testnet webpage for ParaSpace.
    2. Plug in your wallet to the platform.
    3. Switch to the Goerli testnet network.
    4. Get ETH testnet now by clicking this page.
    5. To request testnet tokens, return to the testnet page and click the yellow bar.
    6. Some testnet NFTs will be sent to you.
    7. Now give the platform the testnet NFTs.
    8. Attempt to obtain NFTs from GALXE as well.
    9. If they issue their own coin, early users who have done the testnet acts may receive an airdrop.

    Key App Airdrop

    1. Get the Key App for iOS or Android.
    2. Enter your information to register.
    3. Use the app to purchase cryptocurrency right now.
    4. Utilize the app’s “Exchange” function to swap crypto-assets as well as send or receive crypto-assets.
    5. If they create their own coin, early app users who have used the app may receive an airdrop.
  • Crypto Highlights & Market Sentiment

    Crypto Highlights & Market Sentiment

    As top names in the crypto-sphere continue to warn about the cascading effects of the FTX contagion, the wider market continues its nervous push ahead. Although the turmoil continues to dominate market perception, certain bulls have been activated in light of the anticipation of a thanksgiving rally. Similarly, comments by the federal reserve, regarding a slowing down of interest hikes, have been received quite positively. BTC saw an upward climb of over 8%, after hitting a new yearly low of $15,480.

    Highlights of the week

    After moving to the backseat, crypto-market bulls have been attempting a rally once again, following the disclosure by Coinbase, that it continues to hold BTC worth almost $40 billion. Both Ethereum and Bitcoin have been climbing throughout the day, as central exchanges come under the spotlight of rigorous scrutiny.

    The republican congressman from Minnesota, Tom Emmer, recently delivered scathing comments relating to the FTX failure and laid the blame for the fiasco solely on centralized finance. He demanded an explanation for the inaction of the Securities and Exchanges Commission and personally named the SEC chairman as sharing in on the responsibility of the fiasco.

    According to a report made public yesterday, analysis indicates that the countries most severely impacted by the FTX crypto-meltdown were Japan, Singapore, and South Korea. This deduction is on the basis of the number of unique users visiting the FTX website. South Korean users in particular represented over 6% of the total online traffic on the FTX platform.

    In a recent joint operation by law enforcement agents in US and Estonia, two high-profile crypto-scammers face arrest. The two Estonian nationals ran a fake virtual bank and obtained over $575 million through a sophisticated and fraudulent scheme. Many had called the crime as being the biggest fraud in Estonia’s history.

    The state of New York, recently passed an unprecedented moratorium, placing restrictions on fossil-fuel-based cryptocurrency mining. The move, which already becomes a part of the law, targets PoW fossil-fuel mining and denies businesses from extending or renewing their operational permits for the next two years. This moratorium is likely to significantly impact the dynamics of the crypto-realm.

    Crypto fear & greed index

    Sentiment around cryptocurrency continues to tread at deadly lows, without much improvement, ever since the FTX contagion had come to everyone’s attention. The crypto fear and greed index puts sentiment at the 20-mark, indicating extreme fear of a severe degree. This index figure is the lowest in the market in over four months and indicates the hesitance and risk aversion that will likely continue to influence market forces in the coming days and weeks.

    Apart from brief instances, sentiment observed across most of 2022 remained in the fear category. This was largely due to macroeconomic factors, such as inflation and subsequent interest rate hikes. Just as market sentiment appeared to arrive on the verge of a recovery, the FTX fiasco sent it plummeting down to its present levels.

  • Crypto ATH and Top Movers of the Week

    Crypto ATH and Top Movers of the Week

    The market may be awash with uncertainty about the future, but that does not necessarily entail that certain cryptocurrencies have not been winning big. Several names in the crypto-currency have taken off spectacularly, and reached all-time highs, despite the present climate. At the time of writing this newsletter, these are as follows:

    Crypto winners

    ATH Cryptocurrencies

    Midas

    Midas proved to be a high riser in recent weeks, continuously raising the stakes and making it to new highs. Most recently, it made it to $33.72, a record peak. For context, Midas has been trading at $2.40 at the start of the year and has consistently been seeing a bullish surge, following development updates and strategic staking. Its most recent initiative had been the Proof of Liquidity concept, which has been received extremely well, in light of recent liquidity meltdowns seen in the industry.

    Alcazar 

    Alcazar, the month-old crypto-asset has impressively maintained its bullish rise since last week, and successfully raised its price until making a new ATH mark. In just a matter of weeks, Alcazar made it from an initial price of $0.00062 to a peak of $0.00343, suggesting a climb of over 450% during this short period. Recent hype surrounding Alcazar relates to its partnership announcement with the gambling token, Lucky Roo.

    In Meta Travel

    In Meta Travel (IMT) is another young cryptocurrency, which has not been in the market long enough to prove its mettle. It is currently in a phase of extremely high volatility and has thus been seeing a wild price swing. Earlier today, IMT crossed the $2 point and set a new price record in the process. It must be noted that market participants appear skeptical, considering that the circulating supply is not made public.

    MMSC Platform 

    MMSC Platform (MMSC), another recently launched cryptocurrency has also made it onto our list of ATH crypto-names. Barely two weeks ago, MMSC was trading at a low of $0.016, whereas today it made it to a new high of $0.179. Unfortunately for its backers, however, this peak was a short-lived one, and MMSC soon fell to a price of $0.094.

    PDX Coin  

    PDX Coin after remaining at a stable price for almost a year, began an aggressive rise since September this year. It has remarkably managed to sustain its growth, and consistently push to the top, setting new ATH points with each day. This trajectory did see somewhat of a dent when the FTX fiasco hit, but it has since resumed its growth engine, and recently topped a new record high of $42.39. This payments and digital banking platform continue to establish itself as a favorite among users across the world.

    Top Crypto-Movers (24H)

    Where some names in the crypto-markets rose to glory by setting new ATH marks, others were winners in terms of the sheer gains they achieved in a single day. There has been a circulation of positive news in the recent days, which suggests a reactivation of market bulls that were laying low, looking to rally up their top cryptocurrencies. At the time of writing this article, the following names stand as being the top movers of the last 24 hours:

    Pera Finance 

    Pera Finance (PERA), after a month-long decline saw a staggering price explosion today, which took it from $0.00082 to a high of $0.00642, in a mere matter of hours. This explosive price boom instantaneously brought PETA a raise of over 680%. This DEX optimizer is seeing much hype surrounding it, given its top-notch utility, which allows a boosting of on-trade volume via incentives.

    Corgidoge

    Corgidoge (CORGI) was a canine-themed cryptocurrency that rose to tremendous heights today, making it to our list of top gainers. Its price rose by a phenomenal 222% in just 24-hours. During the same period, its volume spiked from barely $5 to almost $900,000. CORGI holds a strong pipeline of various products under development, that have caught the market’s eye. The recent pump also presumably relates to the fame Elon Musk has been enjoying, as a backer of canine-themed crypto-assets.

    Gleec

    Gleec doubled its price in a single day, in its take-off from $0.027 to $0.053, bringing tremendous gains to all its holders, that have long been awaiting this trajectory. Its trade volume figure of $3 million is the highest Gleec has seen since its launch into the market. With no real updates or developments regarding the project seen, many are calling its rise as being a classic ‘pump and dump’.

    Nano

    Nano (XNO) has been seeing a massive volume surge, which climbed from $1.3 million to over $184 million, in barely 24 hours. In this rally, XNO took off from $0.61 to $1.38 translating to a 126% jump. The reason behind this hype has been a highly strategic move by Nano developers, who announced a giveaway of $30 worth of Bitcoin through the ledger nano wallet.

    Nexum

    Nexum (NEXM) has been gradually shedding its price for most of the day, falling from $0.123, until eventually making it to $0.092. In the last hour, however, NEXM saw its price unexpectedly take a rocketing growth shoot, making it to a high of $0.235. The token has been seeing remarkable hype this week, after initiatives to expand its footprint in the Arabic-speaking world. It is also heavily backed by the UAE-based billionaire tycoon, Khamis Buamim.

  • NFT Highlights & Opportunities

    NFT Highlights & Opportunities

    Following the FTX meltdown, a number of high-profile NFT holders have suffered catastrophic losses. The most popular of these losses go to Justin Bieber, who spent over $1.3 million for a Bored Ape NFT, the fair value of which has now fallen below $70,000. The news comes as an indicator of how drastically NFTs in general have fallen in the last year, with most of the hype surrounding them now seen with serious skepticism.

    The big tech company, Sony, has recently been flirting with the idea of incorporating NFTs into its Playstation platforms, without making explicit references. Following a recent patent filing, management personnel has hinted about the inclusion of a system whereby users would be able to exclusively own and trade specific in-game resources and collectibles with each other. Most notably, these transactions are said to verify under a blockchain-based system. This could revolutionize NFTs in an unprecedented manner, given the sheer influence that Playstation commands at a global level.

    The most recent NFT-related milestone by a giant brand comes from the sports apparel king, Nike Inc. The company has officially launched Swoosh, a Web-3 platform through which users can collect, trade, and use polygon-based NFTs. These will feature digital apparel for users’ avatars in the metaverse and virtual spaces. Swoosh represents another major milestone toward NFT normalization, and powerful brands are being compelled to tap into its potential.

    NFTs to Watch

    Valhalla NFT

    The Valhalla NFTs have been trending this week, with substantial social media chatter detected mentioning these hot tokens. This collection is aimed at seasoned gamers who hold an appreciation for online gaming culture which has been evolving for decades.

    The collection features avatars based on the Valhalla game, which combines the dystopian elements of Blade Runner and The Matrix. The futuristic aspects of the Valhalla space are designed to be highly immersive, and hence amplify the appeal surrounding the collection. Based on sales volume alone, Valhalla is the top project listed on Opensea, as of the writing of this newsletter.

    Invisible Friends NFT

    The Invisible Friends NFT is another red hot one, currently under the market spotlight. The collection features 5,000 characters, which fall under the broader umbrella of the Random Character Collective. These tokens are essentially looped graphics of walking Invisible Friends, of which only their clothes and apparel are visible. The smoothly looping animation thus induces a sense of calm tranquility to the viewer.

    The wider ecosystem also features a collection of 3D Invisible Friends adding to the appeal surrounding the broader project. Invisible Friends has 520,000 followers on Twitter, thereby, making it one of the most popular in the social media spaces.

  • Crypto Market Updates

    Crypto Market Updates

    The cryptocurrency market continues its slip into dark territory, following the crash seen a fortnight ago. The industry is still yet to see recovery after the catastrophic failure of Alameda Research and FTX, which sent shockwaves across the board. Investor confidence in the crypto markets is at its lowest point in years, and the call for regulations continues to grow louder with each subsequent day.

    Crypto-Highlights of the Week

    The crypto-sphere continues to struggle toward the attainment of stable footing, as the FTX contagion moves ahead to engulf major players in the industry. The renowned, Hong Kong-based crypto ATM company, Genesis Block recently announced putting a stop to its operations, amid the wider liquidity crisis. As a result, BTC fell to a new low beneath $15,700, whereas ETH made it to below the $1,100 mark.

    The fall of the crypto-king, Bitcoin, continues to mount severe pressure on its holders, and especially miners, that are continuously facing a squeeze. As BTC prices have fallen below their production costs, the coin continues to become a hot coal, and highly unpopular to hold in the present circumstances.

    After a recent filing to a top US bankruptcy court became public, yesterday, a report revealed that FTX owes over $3.1 billion to its top 50 lenders alone. The crypto exchange, which has been accused of misappropriating investor capital, claims that during its crash, funds had been ‘stolen’ or transferred to more stable exchanges.

    The largest US bank, JP Morgan, has officially taken the first major step towards the crypto-industry. According to a recent USPTO filing, the bank has registered a trademark by the name of “JP Morgan Wallet” and has applied for it under the cryptocurrency category. The bank has recently discussed plans to enable its customers the opportunity to transfer, exchange and process crypto-based payments.

    Many Chinese blockchain players have been at the forefront of metaverse-related innovations, in the wake of the FIFA 2022 world cup. Many platforms have been developing the means to broadcast the events via a metaverse context, through the use of VR devices and 5G technology.

  • Crypto Gainers and Losers This Week

    Crypto Gainers and Losers This Week

    Following the sheer bloodbath that everyone saw throughout November, winners continue to become rare gems and are unable to defy expectations. Despite these seemingly insurmountable odds, several names in the crypto game have performed impressively, and have gained by a significant margin over the prior week. At the time of writing this newsletter, the following names stand as being top gainers for the week:

    Crypto winners and losers
    The ups and downs of Crypto

    Top Weekly Crypto-Gainers

    DinoLFG

    The DinoLFG (DINO) rise over the last week, has been one of the most significant in the cryptocurrency realm. During this period it saw a sustained price take-off pushing it from $0.0023 to the $0.0133 point, amounting to an almost 480% climb. This comes as the developing team has announced major ecosystem updates throughout the week, including the launch of the Dino Bank and Dino Game tokens. It must be noted, however, that volume on DINO dropped from almost $37 million to $8 million in merely two days.

    SONM BEP-20

    With a trading volume of over $1 billion, SONM BEP-20 (SNM) stands as the largest winner of the week, in terms of the sheer magnitude of how much it has been traded in the market. SNM has been seeing a surge in popularity following the FTX scandal, given its commitment to fog computing, which uses decentralized networking through disparate user devices across the globe. In the last seven days alone, SNM climbed from $0.17 to $1.13, and thus delivered a weekly gain of over 560%.

    SBF Goes To Prison

    SBF Goes To Prison (SBFP) is one of the most interesting names on the crypto-charts this week. The token is essentially a bet on whether or not Sam Bankman-Fried, the FTX founder will be imprisoned or not. If he does face prison charges, half the SBFP supply will be burned, whereas if this does not end up happening, the other half will be airdropped. Considering that the token made it from $0.19 to $0.82, in just seven days, the market as a whole is actively betting on imprisonment actualizing in the coming months.

    HashBit Blockchain

    The HashBit Blockchain (HBIT) more than tripled its price in the last week, in its climb from $0.000029 to $0.000099. Its trade volume during this time rose from $400,000 to over $4 million. HashBit too, like similar tokens, has been seeing a bullish upward drive, given its complete PoS concept, and the fact that it has been designed to be resistant against nothing-at-stake attacks.

    Marvin Inu

    Marvin Inu is currently the hottest meme-coin out there and has taken off today from $0.00000064 to $0.00000377, putting its weekly gains at 490%. This is a meme-coin based on Elon Musk’s dog, named Marvin, and hence has been seeing soaring popularity with Musk’s launch into the limelight following his controversial decisions after acquiring Twitter. Marvin Inu stands as one of the rare meme coins, which holds substantial utility, with a P2E game, a launch pad, NFTs, and a complete ecosystem.

    Top Weekly Crypto-Losers

    The crypto spaces unfortunately seem to be awash with losers, as confidence in the wider market continues to plummet each week. The FTX fiasco exposed a fundamental vulnerability across the industry, which cannot be rectified without radical regulatory changes. In the wake of this, the following stand as the week’s top losers:

    Safuu

    Safuu underwent a hard plummet yesterday, falling from $3.312 to $0.018, losing about 99% of its value in price. In a single week, its trade volume figure rose from $55,000 to over $4 million. This sudden price collapse came after the team pulled out of liquidation, without warning, and did not allow holders the opportunity for automatic migration. The lack of transparency and communication resulted in a severe loss of confidence, which subsequently led to a mass sell-off.

    VIDT Datalink

    VIDT Datalink underwent a hard drop in the last week, after an almost instantaneous plummet from $0.170 to $0.018, losing most of its price in a matter of hours. This had come about following market-wide panic, that had engulfed most names in the crypto-sphere. The recent days, however, saw a bullish rise of VIDT, as bulls believed the drop took it down below its intrinsic value. Volume has climbed to over $90 million, and the gains in the last 24 hours alone stand at 65%. Despite this, VIDT has shed around 80% of its price in the last week.

    MetaBeat

    The price trajectory for MetaBeat (BEAT) in the last week has been a consistent downward slump, which caused it to fall from $0.0915 to its present price of $0.0201. This translates to a loss of 78% in a seven-day period. Much to everyone’s surprise, the downward trend remained uninterrupted, even upon BEAT’s listing on KuCoin, and attempts at a social-media-driven price rally for the crypto name.

    ROOBEE

    ROOBEE has been steadily slipping throughout the last week until yesterday when it plummeted hard from $0.00066, down to $0.00034, losing almost half its price in just a day. This point was an all-time low for the crypto-asset, suggesting a severe lack of confidence among market participants. Throughout the week, this loss stood at over 60%.

    Hello ART

    Hello ART (HTT) also made it to this week’s list of top crypto-losers, after losing over three-quarters in price, over the last 7 days. The cryptocurrency seemingly has caught up in a wider wave of panic, storming through the market, as investors are rushing towards safer investment options with lower risk and volatility. HTT in particular dropped from $0.00851 down to $0.00196, amounting to a 75% drop.

  • ICO and Airdrop Weekly Updates

    ICO and Airdrop Weekly Updates

    Active ICOs

    GoatFi

    With the FIFA world cup at its buzz, the ICO for the football-oriented GoatFi platform is amongst the most widely followed at present. With the token sale to end later today, $1.26 million has been raised, against the initial target of $750,000.

    GoatFi combines football enthusiasm with the world of NFTs and SocialFi, giving users the chance to act as both the owners and managers of their virtual teams. Not only do players get to build their dream teams with their player card collection, but also hold the opportunity to win big with FIFA match predictions.

    Primal

    Another active ICO worth keeping on one’s radar is that of Primal, which has reeled in $860,000. The token sale continues to push on until Friday, by when it aims to have raised $2.3 million.

    Primal gives its holders access to a well-designed move-to-earn idea that rewards athletic training with basic health-tracking technology like smart watches or FitBits. In addition to allowing users to exchange fan tokens, the site also offers them the thrilling chance to be a part of the inner circles of their favorite athletes and sports celebrities. There are already more than 250 sports ambassadors on board, including UFC fighters, cricket players, and football legends.

    Cyber Arena

    Cyber Arena (CAT) is another highly promising project in the blockchain gaming space, which has a hot ICO currently active.

    Unlike other P2E multiplayer combat games, Cyber Arena holds a highly sustainable earning model, which is supported by in-game revenue, which includes buybacks, burns, and mining, as well as marketplace revenue such as royalty fees, staking, and discounts. Most importantly, CAT holders are vested with voting power for any significant changes proposed within the wider Cyber Arena ecosystem.

    Upcoming ICOs

    VJRAM

    The VJRAM token sale is an extraordinary one to keep watch of, and will initiate its ICO on Saturday. Even though the token sale has not yet begun, an impressive $2.75 million has been reeled in already. As a result, the initial fundraising goal of $1 million has been raised to $3.75 million.

    The VJRAM platform is one that supports an immersive, virtual world experience, seeking to amplify the ‘interconnectedness’ of players across the metaverse. Within VJRAM, players can navigate across, and explore, a number of virtual realms, while playing against each other and collecting iconic and valuable NFTs along the way.

    Re:water

    The Re:water (WTR) ICO is another one to keep on one’s radar, and is likely to start its token sale within the upcoming week.

    The project is a highly ambitious one and aims to establish itself as the only universal multi-staking platform, where any crypto token in existence can be linked to earning a reward.

    The appeal of the WTR project is quite compelling, given its competitive nature, and the fact that it allows users to resuscitate depreciating tokens, and earn WTR in the process. Universal liquidity of this nature is both unprecedented and a highly revolutionary concept.

    Futurent

    The Futurent (FTR) ICO is also a spectacular ICO that is scheduled to take place during the week, and is trending across various social media platforms.

    Futurent aims to revolutionize the world of NFT real estate, allowing holders to benefit from the fractional ownership model. The project also holds an immersive platform allowing listings to be posted for various luxury assets, including properties from across the metaverse.

    Ended ICOs

    Astra Protocol

    The Astra Protocol (ASTR) ICO came to a successful end this week, managing to pull in an incredible sum of $9 million.

    The token sale for ASTR had been such a hot success given the utility the project offered. In the crypto age of fraud, scams, and hacking, Astra Protocol seeks to establish a new norm, revolving around the concept of The Compliant Blockchain. Through KYC verification, this protocol brings the financial regulatory norms of over 150 countries to the crypto industry. Most impressively, it manages to achieve this without compromising on the anonymous nature of users, in true commitment to decentralized finance.

    Galaxy Finance

    The token sale for Galaxy Finance (GLF) was a very popular ICO and finally ended last week. Throughout the course of the fundraising, the GLF project successfully brought in $110,000.

    Galaxy Finance is a wallet that integrates the greatest elements of Social Web 3.0 technologies to provide a highly customized, informative, and social experience. With the help of this special digital wallet, users may create a portfolio, manage all of their digital assets in one convenient location, and maintain contact with their in-app friends.

    Hottest Airdrops

    RAX World Airdrop

    1. Visit the Rax World contest page.
    2. Enter your information to register.
    3. Thereafter, finish quick chores to gain entries.
    4. Three lucky winners will receive UMAD tokens worth up to $300 each.
    5. A mystery box containing a complimentary RAX World X Kaishu Hirano NFT will only be accessible to the first 1000 participants are in the allowlist.
    6. Visit this website for more details on the airdrop.

    Wombat Airdrop

    1. To enter the airdrop pool, go to the Wombat giveaway webpage.
    2. Enter your information to register.
    3. To begin, go to the Wombat website.
    4. To gain entries, complete each of the activities displayed.
    5. Thereafter, enter the address of your WAX or Polygon wallet.
    6. 1,000 contestants will randomly receive 2,500 WOMBAT apiece.

    MUN Airdrop

    1. Go to the MUN wallet webpage.
    2. Enter the relevant details and connect your Keplr wallet.
    3. Switch to the MUN testnet network.
    4. Enter the faucet webpage and send in a request for testnet tokens.
    5. Thereafter, follow their account on Twitter.
    6. Follow their official Discord channel and receive the role for the airdrop.
    7. Users will be eligible for the airdrop if they stake ATOM and JUNO. Also they will be eligible if they finished easy tasks, or staked their stablecoins.
    8. For more information regarding the airdrop, see their Whitepaper.
  • Crypto Winners and Losers This Week

    Crypto Winners and Losers This Week

    With the market presently in one of its most serious lows, bulls appear to be taking cover for a while, with no indication of which cryptocurrency to rally towards. Despite these bleak circumstances, however, a number of names in the crypto-sphere did perform spectacularly, gaining significantly over the prior week. At the time of the writing of this newsletter, these were as follows:

    Top Weekly Gainers

    Trust Wallet Token

    The Trust Wallet Token (TWT) has been the most significant among the winners of the week. Despite grave pessimism, TWT successfully took on a climb from $1.11 to a present high of $2.64, thus translating to a gain of 138% in merely a 7-day period. This bullish run coincides with statements by the CEO of Binance, who heavily supported a push towards self-custody in the world of crypto. Trade volume on TWT yesterday surpassed the $700 million mark.

    SocialGood

    SocialGood (SG) was another top performer this week, which saw a 400% price explosion on Friday, coinciding with the SG ecosystem launching membership for its app. At the height of this bullish frenzy, SG climbed from $0.043 to a peak of $0.137. In the days that followed, however, it has somewhat stabilized close to the $0.094 mark, putting its weekly gains at almost 120%. Trade volume has also dropped from $2.5 million to $1.2 million.

    SafePal

    The greater part of the last week had been unimpressive for SafePal (SFP), as it gradually slipped from $0.39 to below $0.30. On Sunday, however, an epic gear shift was seen which saw SFP take off at a mighty pace to the $0.75 mark, over three days. SafePal is seeing a surge in interest following the FTX fiasco, and heightened skepticism towards exchanges by crypto-market participants. As the first hardware crypto-wallet backed and funded by Binance, many are turning to hold this digital asset. Net weekly gains stand at over 92%.

    dYdX

    dYdX has been undertaking an impressive climb throughout the prior week, pushing upward against the bearish storm of uncertainty. Its 7-day climb from $1.22 to $2.69 translates to a weekly gain of over 120%. Trade volume during this time frame steadily rose from $100 million to almost $450 million. dYdX has been widely pushed by the market, given its vision of a decentralized and non-custodial exchange, eliminating the factor of trust within such systems. The rally is a part of a wider sentiment shift observed within the market.

    DFI.Money

    The price curve for DFI.Money (YFII), over the prior week, has been remarkable in its climb. In only seven days, YFII went from a low of $1370 to its present high of $2159, denoting a 57.6% price surge. YFII is another crypto-name seeing a rally in the wake of the FTX controversy, with substantial backing from the market, on account DeFi aggregator platform. It must be noted, however, that trade volume over the week has dropped from almost $160 million to its present level of $41 million.

    Top Weekly Losers

    The crypto market was rocked to its core in the last week and undertook a hard plunge after months of stability. For this reason, it comes as no surprise that the losers this week, far outweigh the winners, in terms of both quantity and magnitude of loss. At the time of writing this issue, the top crypto-losers of the week are as follows:

    FTX Token

    The FTX Token (FTT) undoubtedly tops the list of the week’s losers, as would be unsurprising from the token responsible for the crash of the wider crypto space. In its weekly descent from barely $18, the token has shed most of its value and is presently trading at the $1.32 mark. This price fall equates to a loss of 93%. Considering that trade volume has dropped over the week from $3.5 billion to $78 million, it seems the initial wave of panicked bears has had their play with FTT.

    Saltmarble

    Saltmarble (SML) was another name among the crypto-losers of the week, after having shed 92% of its market capitalization within a seven-day window. The cryptocurrency, which has been circulating the market since July has had its roughest week so far, plunging deeply to new all-time lows, with each passing hour. For the first time since its existence, SML dropped below the $1 mark and continues in that direction. It is presently trading at $0.65 from over $10 last week.

    Metanept

    Metanept (NEPT) was one of the names from the crypto-market fall, after its plunge from $0.0613 to its present price of $0.0088. This 86% drop in the last week follows through after an extremely bearish month, where NEPT has been persistently dropping low. This wider price trajectory seems to link to panic among market participants as to a potential NEPT delisting.

    VIDT DAO

    After weeks of a successful climb which saw a climb from $0.260 to a peak of $0.770, VIDT DAO, in the last week has shifted to reverse gear, and has fallen to $0.019. The 65% fall in the last week has reversed all the gains VIDT undertook since June, and has put it in a precarious position. The DAO token faces widespread unpopularity, considering its verifiable trust concept in Web3. According to the market at large, this concept is neither reliable nor sustainable, in the wake of the recent FTX fiasco.

    Serum

    Serum (SRM) has been falling hard, amidst increasing concerns in the markets toward a possible insolvency declaration. SRM fell from $0.73 to a low of $0.27, in a seven-day period, losing 63% of its price during this time. These losses would have been even more severe, were it not for the bullish rally of the last 24 hours, pushing up its price by 34%. Trade volume has been rising throughout the week, and presently exceeds the $240 million point.

  • ICO Weekly News and Hot Airdrops

    ICO Weekly News and Hot Airdrops

    Active ICOs

    Artyfact

    The ICO for Artyfact (ARTY) has been one that is making the rounds in the market and has already managed to raise almost $900,000 with almost a month remaining.

    ArtyFact has seen surging popularity due to its offering of the full set of blockchain tools, and wonderful execution of each of the next-gen resources to deliver a phenomenal web3 gaming experience. It combines elements of the immersive metaverse experience, as well as NFTs to trade and collect, all encapsulated within a well-planned play-to-earn economy. ARTY is likely to continue crushing its target, all while showing the roadmap toward successful Web3 gaming.

    Astra Protocol

    Another active protocol worth keeping on one’s radar is the of Astra Protocol (ASTR). This token sale is a wildly successful one, especially when considering the fact that it has pulled in $9 million, and still has an additional 4 days to go.

    This protocol is seeing such a positive response, given the core security issues in the world of blockchain, which it seeks to address. By using KYC verification, Astra seeks to incorporate global financial regulatory norms into a single protocol without sacrificing user anonymity, a key concept of decentralized finance. It provides the greatest long-term answer to some of the most significant issues with blockchain, such as fraud, illegal funding, and rug pulling.

    Ikonic

    Ikonic is yet another ongoing ICO that is being closely watched by market fish and has reeled in a sum of $3.25 million. This number is expected to further climb in the next 5 days, as this token sale approaches its end.

    Ikonic is a platform that offers a fresh concept in gaming and caters to a potentially sizeable online market. It effectively gives players the power to record any memorable gaming event and coin it as an NFT. Given the popularity of online gaming across several platforms, such NFTs may be extensively gathered and exchanged, giving their owners the chance to earn monetizable benefits through them.

    Upcoming ICOs

    Galaxy Finance

    The Galaxy Finance (GLF) ICO is an extraordinary one to keep watch of and will initiate its token sale tomorrow. Although it has set its initial fundraising target at $110,000, GLF is expected to raise a lot more, as it enters into the market spotlight.

    Galaxy Finance is a wallet that works with the best features of Social Web 3.0, to deliver a highly personalized, educational, and social touch. This unique wallet allows holders to manage all their digital assets in one friendly domain and build up a portfolio, all while allowing them to stay connected to on-app friends.

    Primal

    The Primal sporting platform is also a highly anticipated ICO, set to initiate later during the week. Even before officially kicking off, it received a total of $860,000 and crushed its initial target of $575,000.

    Primal allows users to experience a well-designed move-to-earn concept, incentivizing sports training through simple health tracker devices, such as a smartwatch. The platform also gives users the exciting opportunity to be a part of their favorite sports players’ inner circles, in addition to trading fan tokens. At present, over 250 sports ambassadors have joined on board, which include UFC fighters, cricketers, and football stars.

    MTG

    The MTG ICO is also an interesting ICO that is scheduled to take place during the week and is trending across social media chatter.

    MTG is the ideal go-to blockchain service for those that are feeling lucky and seek an opportunity to win big on a chance basis. Any swap or transaction conducted via MTG would enter users into a lottery pool, with 1% of the transaction equating to the total ticket. Lottery wins will take place on a weekly basis, with 10 wallet winners declared each time. As MTG gains in popularity, the pool would widen, and so would the lottery award.

    Ended ICOs

    Crypto Pirates

    The Crypto Pirates (PST) ICO came to a close, in the prior week, and successfully reeled in its complete fundraising target of $860,000.

    Crypto pirates is an immersive web3 gaming experience that appeals to adventurous folk, with a keen sense for exploration. Players can explore the deep space within a metaverse context, in their pirate ships. In addition to hunting for valuable NFT artifacts, they can also battle it out with rival pirate ships, in their hunt for glory. This game brings to life one of the most compelling play-to-earn formats.

    ECO

    The token sale for ECO was one of the most hyped of the year and had finally come to a riveting close during the prior week. The sheer interest surrounding the offering can be gauged by the fact that ECO managed to raise a sum of a staggering $35 million.

    ECO is such an appealing blockchain-based concept due to its user-friendliness and a high degree of simplicity. It gives users a single balance to work with, through which they can spend, store, or earn through. Earnings through ECO far outperform conventional checking account saving rates. Therefore, simplicity in concept will likely be a major driver toward widespread adoption, even among those unaware of blockchain technicalities.

    Hottest Airdrops

    ZKasino Airdrop

    1. Visit the testnet page for ZKasino.
    2. Link the page to your Metmask wallet.
    3. Change the network now to the testnet for Polygon, Arbitrum, zkSync, or Fantom.
    4. To obtain testnet tokens, select “Request and tweet” and send out a tweet, as per instructions.
    5. To mint ZKUSD (ZKasino USD) and start playing the games, click “Mint.”
    6. Play some games by selecting the “Explore games” tab.
    7. Early users who have participated in testnet activities on the network may get an airdrop when ZKasino launches its own token, named “ZKAS.” This is likely to take place in the coming days.

    Deepwaters Airdrop:

    1. Go to the website for the Deepwaters testnet.
    2. Obtain testnet AVAX tokens from this page.
    3. Connect your AVAX wallet by returning to the Deepwaters testnet website.
    4. To receive Deepwaters testnet tokens, click “Faucet.”
    5. Trade your testnet tokens on the platform now.
    6. The Deepwaters team has committed to launching their token imminently, and will subsequently conduct an airdrop for early users who have completed the testnet activities.

    ZetaChain Airdrop:

    1. Visit the testnet page for ZetaChain.
    2. Verify your Twitter handle.
    3. Connect your Metamask wallet and switch to the Goerli network.
    4. Place a request to obtain test ZETA
    5. Additionally, in order to pay the gas charge, you will need to be holding test assets on each Additionally, in order to pay the gas charges, you will need test assets on each chain. Hop on to the official Discord page to obtain each chain’s faucet page link.
    6. Now navigate to the “Swap” area and perform swaps across testnet chains.
    7. Carrying out this testnet will award you randomized amount of ZETA points.
    8. Referrals will enhance your chance to earn rewards.