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Tag: BITCONEY

  • 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.

  • Crypto Weekly Winners and Losers

    Crypto Weekly Winners and Losers

    Top Weekly Crypto Gainers

    Despite the volatility seen, which broke the upward momentum of top crypto names such as Bitcoin and Ethereum, a number of cryptocurrencies have performed quite impressively. Several names undertook epic climbs, despite the fateful weekend that triggered a bearish market-wide plummet. As of the writing of this newsletter, the following names stand as the top gainers of the week:

    Crypto

    Azit

    From among all winners of the week, the one that takes the lead by far is Azit. The Korean real estate blockchain project saw a surge in its volume on Friday, which resulted in a spectacular price explosion, taking the cryptocurrency from $0.032, straight to the $1 point. Although this peak could not be sustained, Azit is presently trading at over $0.30, reflecting a net gain of a whopping 838% climb in just a seven-day period.

    Elan

    Another name in the crypto-verse that has been performing spectacularly this last week has been Elan. The cryptocurrency undertook a week-long climb that took it from $2.50 to $7.70, in a single week. This gain translates to over 200%, with the cryptocurrency more than tripling its price during this period. The surging interest surrounding Elan traces back to last week, after its successful patent filing on its Apollo concept, offering its intellectual property protection in the market.

    GoCryptoMe

    GoCryptoMe (GCME) also proved to demonstrate a dazzling success this week in its price take-off from $0.0064 to its present price of $0.0187. This price appreciation of over 190%, coincides with epic levels of volume, presently exceeding the $22 million point. Interest around GCME has been growing since the project’s v2 platform rollout, leading to high levels of FOMO in the market.

    YFDAI.FINANCE

    YFDAI.FINANCE (YF-DAI) saw perhaps the most thrilling price trajectory of this week, resembling a rollercoaster path in many instances. On Wednesday last week, YF-DAI exploded in price, and shot up from $33.10 to a peak of $205.88. However, although this gain was short-lived, the cryptocurrency’s price, post-stabilization presently hovers around $92. Despite the price correction, therefore, YF-DAI has gained a net 179% in the prior seven days.

    hiDOODLES

    The last week saw hiDOODLES climb to mighty highs, and also fall to drastic lows. At its highest point, the cryptocurrency gained over 350%. However, in the corrections, and fightbacks that followed, hiDOODLES stands to have netted a climb of 168% during the last week, making it an impressive name on our list of top winners.

    Top Weekly Crypto Losers

    Unfortunately, given the uncertain and volatile state of the wider crypto market, there had been a lot more losers in the past week than they had been winners. Bears have been far more active, selling off their stakes and bringing the wider market capitalization lower. At the time of this writing, the following crypto-names stand as being the top weekly losers in the market:

    BITCONEY

    With its 24H trade volume of over $3 million, BITCONEY has seen a price drop of 90.8% this prior week, making it the top loser in the crypto-sphere. The mass sell-off comes after a crash in token liquidity, which immediately triggered off alarm bells, with many holdings cautioning towards a rug-pulling being underway. As its volume remains quite high, it is expected to undertake a further fall beneath its present level of $2.58.

    CryptoFi

    After its 72% price loss of the prior week, CryptoFi (CFI) has continued on this losing momentum, making it to this week’s list of losers too, having shed a further 90.7% in price. Although CFI has been gradually slipping beneath $0.000260 throughout the week, it saw a hard plummet yesterday, resulting in its present price of $0.000019. Market participants sense red flags, especially since 95% of the tokens are owned by a single address.

    Bitcoin Standard Hashrate Token

    Following signs that Bitcoin Standard Hashrate Token (BTCST) will likely be delisted from Binance, the cryptocurrency began experiencing a mass selloff due to liquidity concerns. In the process, it dropped from $5.66 to its present low of merely $1.75. This poor fall translates to a price loss of almost 70%, in a single week. Its trade volume of over $5 million further suggests that the bear is yet to calm down with BTCST

    Mithril

    Another significant name among crypto-losers this week has been Mithril (MITH), falling from $0.0127 to its present level of $0.0053, translating to a 58% drop. The hardest plummet during the week took place on Thursday, and continued its sharp fall throughout the weekend, as volume peaked at $16 million. Mithril has already seen a delisting and promises no future updates, which explains its wider unfavourability.

    Bxmi Token

    Bxmi Token has shown to be highly unpredictable over the prior week, falling suddenly to new lows without warning. It started off the week at the $0.4452 point and is presently down to $0.1802. This fall, which amounts to a weekly 60%, is likely to continue, based on the momentum seen.  Volume has gone up by 20% in the last 24 hours, and BXMI continues to hit deeper lows, as the day moves on.