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Tag: MASQ

  • Crypto Weekly Winners: ATH Coins and Top Movers (24H)

    Crypto Weekly Winners: ATH Coins and Top Movers (24H)

    With market sentiment at a point higher than was ever seen throughout most of 2022, bulls in the market did not hold back and took their favorite crypto-names launching to new heights. With this winning momentum, several cryptocurrencies broke all records and established new all-time highs. At the time of writing this newsletter, these ATH coins are as follows:

    Crypto

    ATH coins

    Aptos

    Aptos (APT) is the most important name on this list of ATH performers because it not only established an all-time high in its price but also in its trade volume, which recently surpassed the $2.9 billion mark. APT has been in the trade since mid-November and has been falling to as low as $3, during this period. Its present surge has taken it up to an all-time high of $19.36, which it is likely to continue surpassing throughout the day. Aptos stands as the 25th largest cryptocurrency, and hence its surge in the wake of bullish sentiment comes as expected, as the market overall turns toward a buying momentum.

    Gains Farm

    Gains Farm (GFARM2) has also shown an impressive rise, putting it up to a magnificent all-time high of almost $6000, earlier today. To put this achievement in context, GFARM2 has been in the market since mid-2021, and initiated at $94. The year brought several high points and subsequent corrections, with shifting confidence surrounding the project. Its recent surge comes after a 400% volume increase, indicating a coordinated price pump, without any apparent updates to the Gains Farm project.

    Gains Network 

    Gains Network (GNS) has seen a tremendous upward price explosion which brought it up to a new record high of $6. The project has been seeing growing interest throughout the prior weeks after it announced a partnership with Trader Joe’s to enable zero slippage trading and concentrated liquidity provisions. Volume too has been rising at a stellar pace in recent days from $1 million to its present level of $5.7 million.

    MASQ

    MASQ made it to $0.3915 earlier today, slightly scraping above an earlier high point of $0.3869 it had achieved in early 2021. Since then it has been rising and falling on par with the overall sentiment seen with the wider crypto-market. Its recent rise corresponds with a drastic improvement in market sentiment, pushing into the green zone. The project’s launch of a fully decentralized web browser further adds to the hype surrounding it.

    Atlas Navi

    Atlas Navi (NAVI) has been on a downward slump throughout most of December in 2022 and much of January, falling to as low as $0.0432 during this time. However, NAVI has been on a roll during the last 5 days, as its volume peaked at over $2.7 million, causing its price to take off spectacularly. Guided by strong fundamentals such as 350,000 app downloads and a circulation of over 10 million, bulls raised this crypto-name to a new high of $0.1837.

    Top Movers (24H)

    Just like how the excellent state of market sentiment has yielded top winners in terms of ATH coins, several have performed well in terms of their daily price movements. Based on this metric, several have outperformed their crypto-peers, and have become top movers of the day. At the time of writing this newsletter, these winners are as follows:

    Shih Tzu Inu

    Shih Tzu Inu (SHIH-TZU) has been seeing an impressive price jump today, which took it up by 258% in a single day, ballooning it beyond three times its price seen yesterday. Market participants seem fascinated by the project, and expect it not to come crashing down, considering that its liquidity has been locked until October 2023, hence the mass accumulation. Its growing volume trend indicates that SHIH-TZU may yet rise to even further new highs throughout the day.

    Xoloitzcuintli

    Xoloitzcuintli (XOLO), has seen quite the rise today, almost consistent with the increase in its volume in recent hours. XOLO more than doubled its price from $0.000046 to $0.000095 in a matter of hours, as its trading volume more than quadrupled from $370,000 to $1.5 million. The market is rushing towards the XOLO market for the purposes of trading Ethereum and related tokens with low gas fees, hence the mass ‘buy and hold’ strategy at play here.

    AptosLaunch Token

    AptosLaunch Token (ALT) also caught a share of the glory among today’s list of winners, as the wider Aptos ecosystem continues to deliver stellar wins this week. ALT rose impressively from $0.061 to $0.140, translating to a single-day gain of 130%. Volume too has risen explosively from $360,000 to $3.6 million, in barely 24 hours. This surge comes as Aptos and Move plan to launch Spaceport later today, which it claims will prove itself as crypto’s largest incubation program. It has already got on board 26 venture capitalists who will be judging between 16 different projects.

    Blocksport

    Blocksport (BSPT), following a full week of price stability and barely any movement, exploded upwards today from $0.00053 to $0.00233. This sudden jump of 340% remained short-lived, however, as the high peak of this price pump could not sustain itself during the day. However, even after its price correction, BSPT is trading at an impressive $0.00093, which is 73% higher than its corresponding price seen yesterday. Only time will tell if this pump will continue throughout the day.

    ROOBEE

    ROOBEE, has been pushing on with its upward momentum of the last two weeks by further delivering a 50% price jump in the last two hours. In its slow and steady rise, this blockchain-based investment platform has successfully multiplied its price by a factor of 2.5 in the last month. Furthermore, its growing volume trend suggests that the rise is far from over, and the trend may very well continue for at least the upcoming several days.

  • 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.