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Tag: AMATERAS

  • Crypto Winners and Losers of the Week

    Crypto Winners and Losers of the Week

    Owing to the newfound macroeconomic stability that is beginning to make the rounds in the markets, stocks are not the only class of securities that have been on a rise. Crypto assets too have taken off considerably, especially in the last week. The most significant among these winners are as follows:

    Top Weekly Gainers

    DeFi Forge

    DeFi Forge (FORGE) was launched into the crypto market last week following a successful ICO. The market evidently was evidently impressed by the project, resulting in an upward price rally taking FORGE up from $0.036 to $0.395, in a matter of days. Following this high peak, which translated to almost 1000%, the cryptocurrency began a corrective descent in its volatile trajectory. At present, FORGE stands at $0.215, making its net gains for the week a remarkable 464%.

    Janus Network

    Another top performer this week was Janus Network (JNS), which took on a climb on Friday, and exploded in price by Saturday. The cryptocurrency started off the week at a price of $0.045, and after its massive upward surge, stood at the $0.46 mark by Sunday. Interest in JNS is reflected in its trade volume figures, which jumped from $12,000 to almost $900,000 in a matter of days. This came about following a series of back-to-back project updates, which have instilled confidence among supporters of the Janus Network. By the end of the week, JNS gains translate to a whopping 760% rise.

    8PAY

    In a somewhat anticlimactic weekly price curve, 8PAY also comes in as a winner of the week, after managing to almost quadruple its price from $0.0072 to $0.0281. This translates to a strong weekly gain of 294%. However, on Saturday, the cryptocurrency peaked at a high point of $0.0689, when its volume climbed beyond the $2 million mark. At that point, the gains were an incredible 855%. Despite the subsequent correction, 8PAY holders have won big this week.

    Square Token

    Square Token (SQUA) has entered its second week of a momentous climb, following widespread favor among crypto holders in the Latin American world. The last week saw a sustained climb that took SQUA up from $40.30 to $109.62, translating to a 172% rise. Volume on SQUA presently holds at over $17 million, suggesting its climb is far from over.

    MASQ

    After a slow rise from $0.064, MASQ saw a price surge on Sunday, which was the beta test day for the project, resulting in a peak price of $0.278. During this peak point, MASQ had risen by over 333%, which led to further hype from crypto-market participants. At one point, trade volume exceeded $5 million. In the following days, however, the bears got the better of MASQ’s movement, bringing in a decline in price, and putting its net weekly gains at 206%.

    Top Weekly Losers

    Where some crypto names in the market rose by considerable degrees during the week, others have seen sharp movements in the other direction. Several cryptocurrencies had taken on a large fall, bringing significant losses to their holders. At the time of writing this Stocks Telegraph article, the following names are the top losers of the week:

    Solana

    Solana (SOL), after an uncertain week, began a hard plunge today, as its trade volume reached a six-month high at $3.4 billion. There was an evident battle between the bears and the bulls, with regard to Solana, with the bears eventually gaining the ground, resulting in a dip from $38 to $25, and translating to a 35% fall. The negative sentiment surged after reports suggesting Alameda Research holding liabilities worth $8 billion, and poor liquidity.

    FTX Token

    FTX token has been undertaking a steady downward slip this week, and then went on a free-falling price plummet as its trade volume made it from $100 million to over $1 billion. Over the course of the week, FTX fell from a high of $26.33 to a low of $15.33, indicating a price drop of 42%. This widespread pessimism seems to trace back to the potential Alameda contagion, whose balance sheet holds large volumes of both SOL and FTX. The market expects heavy selling to take place imminently, hence the mass sell-offs.

    Art Gobblers Goo

    Art Gobblers Goo (GOO) has been falling big time throughout the week. As the NFT by the creators of the TV show, Rick and Morty, GOO made the news last week, after a highly successful launch. However, as controversy regarding ‘allow list’ mechanisms and procedures surfaced, the market has been losing confidence fast. In just seven days, GOO dropped from a high of $1518 to less than $18. The price loss on GOO, in the crypto-market presently stands at almost 99%.

    Optimus OPT3

    Optimus OPT3 (OPT3) also made it on this week’s list of top losers, given its hard descent from $1.61 to $0.32. The cryptocurrency’s loss over the week amounts to a stinging 80%. Volume in the last 24 hours has jumped 56% to over $12 million. Sentiment across social media toward OPT3 remains highly negative, with many questioning its utility.

    Amateras

    Amateras (AMT) has seen a bumpy ride this week, with constant gear shifts in both directions. AMT started off the week at $0.0089, and after the sudden booms and busts is now down to $0.0035, translating to a 61% drop. Its volume has been largely stable above $1.5 million throughout the week. Based on its irregular price curve seen in the week, many are suggesting that AMT has all the markings of an attempted rug-pulling.

  • Crypto-Market’s Top Performers of the Week

    Crypto-Market’s Top Performers of the Week

    During the week, as the wider crypto-market shifted gears into a bullish drive, several cryptocurrencies shot up and broke prior records, indicating a renewed sense of confidence and optimism. Many cryptocurrencies, as a result of these market trends, made it to new highs that had never been previously surpassed. As of the writing of this article, these digital currencies were as follows:

    ATH Coins

    Krypton Dao

    Krypton Dao (KRD) took off like never before since its market circulation going back to May of this year. This rise had been taking place for over a week, with KRD starting off at $0.49, taking substantial jumps, and setting new baseline prices. With each day, the cryptocurrency set a new ATH and eventually made history by crossing the $1 mark. At present, KRD is trading at an ATH of $1.13. It is unlikely for this rocketing growth to continue further, considering that trade volume in the last 3 days has fallen from almost $14 million to below $700,000.

    Kompete 

    Kompete, after remaining stable and unchanged since mid-August, finally saw its fate take a turn this week, when developers announced a cutdown of transaction fees from 12% to 1%. The cryptocurrency made it from $0.0082 to an ATH of $0.0253 in only two days, setting a new ATH, and breaking the prior record set in April of this year. During these two days, trade volume has surged from $70,000 to over $1 million, presently.

    Cramer Coin

    Cramer Coin is a month-old coin that has been on a persistent climb for the last 10 days when its price stood at $0.0013. During the last three days, Cramer continuously broke records, setting new highs. The last 24 hours saw the coin rise by an additional 17%, which once again raised the bar, and placed its ATH at $0.0067. This figure reflects a 500% jump from its all-time low, just a month ago.

    CortexDAO 

    CortexDAO (CXD) has shown volatile and jerky movement throughout the last month, with the market undecided as to hold a bullish or bearish position on its outlook. The crypto-asset has come a long way, after experiencing a deadly low of $0.0127 in September. Since Monday, however, CXD has only been looking upward climbing at a record pace, and is presently trading at an ATH of $0.01764.

    Nitroshiba 

    Nitroshiba (NISHIB) had been taking somewhat of a beating barely a month ago, falling to a low of $0.000128. Ever since that point, however, it has only been a positive sailing ship for NISHIB. The last week, in particular, is when the cryptocurrency began climbing in full throttle, from $0.00050 to an ATH met today of $0.00154. Supporters of NISHIB on social media are obsessively pushing for a pump to take the cryptocurrency to $0.01.

    Top Movers (24H)

    Given an influx of bullish sentiment in the market, in recent days, not only have cryptocurrencies been winning in terms of their all-time highs being achieved, but also in terms of their price movements. A number of cryptocurrencies delivered substantial, winning gains to their holders during a 24-hour time bracket, with many likely to push forward with this strong momentum. At the time of writing this Stocks Telegraph issue, the following names stand as being among the top movers of the last 24 hours:

    Galaxia 

    Galaxia (GXA) undertook a phenomenal rise today, after its jump from $0.0049 to its present price of $0.0146, in a matter of barely 5 hours. During these few hours, daily trade volume has also surged from $55,000 to over $3 million. This price gain amounts to an impressive 182% and based on the volume jump and early phase of the rise is likely to continue upward throughout the course of the day.

    Porta

    Porta (KIAN) witnessed a rise today to which no other cryptocurrency comes close. KIAN saw an influx in its trade volume earlier today, which shot up from $49,000 to over $700,000 in a matter of hours. This coincided with a tremendous price jump from $0.0003 to a peak of $0.0050, translating to a whopping 1566% climb, in just a single day. In the falls and corrective rises that followed, KIAN’s daily gains presently stand at a remarkable 1300%, delivering fortunes to those heavily exposed to its price movements.

    FIFA-Laeeb

    FIFA-Laeeb (LAEEB), which has been in circulation since late September, has undergone its largest single-day rise, almost tripling its price to $0.0000000073. Its volume has jumped by over 300% in the last day, suggesting the net gains could extend beyond 200%, as the day progresses. The hype around LAEEB centers around Brazilian football fans, in a trend of FIFA crypto-assets climbing as the world cup fast approaches next month.

    AMATERAS

    AMATERAS (AMT) earlier today, exploded in price seemingly out of nowhere, doubling from $0.0036 to $0.0083, in an instantaneous manner. This phenomenal crypto-jump takes AMT to its highest price in the last 45 days and reflects a sudden shift in attitude about its prospects. Social media chatter indicates attempts of a coordinated pump, which is reflected in the volume rise from $100,000 to almost $2.4 million today. The result was a spectacular 131% climb.

    Doge Coin

    Doge Coin too is worth mentioning on our list of winners, despite its relatively small gain of 21%, in a single day. What is most noteworthy about this crypto-meme king, is its sheer trade volume exceeding $2 billion, as of present. This hype seems to link directly to Elon Musk’s successful Twitter acquisition deal. Elon Musk is a public and influential Doge supporter, with the coin increasingly turning into a proxy for public sentiment toward the billionaire.