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Tag: SOC

  • Cryptocurrency Winners and Losers of the Week

    Cryptocurrency Winners and Losers of the Week

    As the cryptocurrency market continues its persistent fight to make an upward breakthrough, the bulls and bears in the market continue to battle it out. This struggle between both sides apparently shows in the price movements of various cryptocurrencies. A number of significant winners emerged last week, demonstrating a price gain of significant proportions. These top weekly gainers are as follows:

    Top Weekly Gainers

    Anubi Token

    Anubi Token stood as the top winner this week, with its impressive gains of nearly 290%, in just a matter of a few days. This token has recently been floated in the market and has been met with significant hype among traders, especially since yesterday. Within just 24 hours, Anubi’s volume exploded from barely $1,500 to a staggering $1.4 million. This is the driver behind its price jump from $0.00032 to $0.00123, making it the top gainer of the week. 

    Krypton DAO

    Another name amongst crypto-winners is Krypton DAO (KRD) which performed spectacularly this week, having tripled its price from $0.30 to over $0.90 in only seven days. Throughout this time, KRD showed to be supported by high levels of volume, taking it to new highs without falling corrections. This upward momentum, however, may be approaching a close, considering its volume drop from $14 million yesterday, to only $1.3 million at present.

    Radiant Capital

    Radiant Capital (RDNT) experienced a bullish rush this week, after its announcement of shifting to the eco-friendly, Binance Chain. After a steady decline throughout the week, RDNT took off on Sunday, when the announcement came, resulting in a weekly climb from $0.014 to $0.063, in a single day, denoting a spike of 350%. In the following days, however, RDNT stabilized and is now trading at $0.049, putting its net gains for the week at 184%.

    Buffer Finance

    Buffer Finance (BFR) enjoyed a highly successful week, of a dynamic climb, which coincided with supporters pumping the cryptocurrency through both Twitter and Telegram. BFR took on a bullish rise from $0.13 to a high of $0.54 yesterday, which translated to a gain of a whopping 315%. After this high, however, BFR has fallen substantially in a price correction to $0.32, leaving its net gains at a still impressive figure of 153%, over the week.

    Lunr Token

    The recent rise of Lunr Token too has been highly impressive and is worth mentioning on this list of weekly winners. The token remained somewhat unchanged in its price for most of the week, until Saturday, when supporters on social media began pushing for a price pump. Trade volume surged from $400,000 to over $2.4 million, which took Lunr up from $0.10 to its present high of $0.28 in barely three days. This translates to a net weekly gain of 180%.

    Top Weekly Losers

    Considering that the wider crypto market as a whole is presently resting in a state of uncertainty, it comes as no surprise knowing that the week also brought in a number of losers. Several cryptocurrencies saw their prices fall quite significantly over the week. As of the time of writing this Stocks Telegraph issue, these weekly losers were as follows:

    CakeWSwap

    CakeWSwap (CAKEW) came with a dismally disappointing performance after a severe plummet earlier today. Throughout the week, CAKEW has been steadily rising from $22.60 to $34.90 until yesterday. However, after a social media vote, CakeWSwap developers made the decision to deploy Aptos for the project, which caused a disastrous reaction in the market. The cryptocurrency fell almost instantly from $34.90 to $0.24. CAKEWSWAP has shed 99% of its price during the week.

    Paper DAO

    Next, we take a look at Paper DAO (PPR) which turned heads in both directions during the week. Last week, PPR surged instantaneously from $0.046 to $0.335, amounting to a 630% price explosion. This was after a phenomenal performance in the project’s collateral markets. The week had its phases of descents and climbs. This all came to a crashing halt yesterday when PPR price collapsed from $0.28 to $0.0013, which was even below its starting point of the week. The cryptocurrency is presently trading 96% below its price of 7-days ago.

    GetKicks

    After a successful ICO, GetKicks (KICKS) began circulation in the secondary market exactly a week ago and started off with a heavy price collapse. KICKS began trading at $0.034 and stood at $0.014 by the end of the first day. Throughout the week that followed, the crypto-asset continued its persistent fall and is presently trading at $0.0074, which is almost 80% below its initial price. Volume throughout this time has steadily been persistent above the $5 million mark.

    All Sports

    All Sports (SOC) has been on a downward fall for a full month now, falling from $0.0120 to its present low of $0.0016. This week was hardly any different from its loss-inducing performance of prior weeks, as SOC continued its freefall. This morning, however, brought on one of the sharpest freefalling plummets the asset has seen in its price trajectory in an instant drop from $0.0043 to $0.0018. The net SOC loss for the week stands at over 70%.

    The Protocol

    The Protocol (THE) is a week-old cryptocurrency that has been falling severely, despite epic levels of trade volume, which presently exceed $29 million. The last seven days saw THE rise from $0.014 to as high as $0.038. The rollercoaster price trajectory of ups and downs, coupled with a large volume suggests a tug-of-war between bears and bulls regarding THE. THE is presently down 62%, from seven days ago, but its price trend shows an attempt at an upward fightback by the bulls.

  • Cryptocurrencies That Went Big Today

    Cryptocurrencies That Went Big Today

    Turning towards coins that hit their all-time highs (ATH) is a great way to seek guidance amidst market ambiguity. Despite unclear sentiments, and a lack of certainty regarding future direction, ATH coins represent crypto-assets that have been booming, despite broader conditions. The interest of traders in these coins could potentially hold momentum that is worth betting upon.

    As of the writing of this newsletter, the following cryptocurrencies hit the ATH mark:

    ATH Coins

    Mancium

    Mancium (MANC) was among the big winners of recent days, which reached a peak price of $2.30 a coin on Wednesday. Its explosive surge traces back to Saturday when it was priced at a mere $0.68. MANC had been climbing rapidly ever since, and yesterday briefly spiked up from $1.88 to an impressive $2.30. This shoot-up was brief in nature and corrected almost immediately, yet MANC continues its impressive rise of the last week, with no sign of reversal.

    All Sports1

    All Sports (SOC) is another name that reached an all-time high, in a steady trend since going back to late June of this year. In the nearly 50 days since, SOC has been on a roll, consistently reaching new heights. Most recently it made a new record, reaching a new ATH of $0.0147, which reflects a nearly 500% rise in this time period. Based on this momentum, it seems highly likely for SOC to continue to climb through to unmarked territory.

    MEVerse

    MEVerse (MEV) was amongst the coins that portrayed one of the most remarkable price surges, eventually resulting in it achieving an all-time high of $0.038. MEV has been in circulation barely more than a month, trading not far from its initial price range of close to 0.0166. Without much movement, MEV took investors by storm when it shot up in a matter of hours from $0.013 to $0.038. It almost tripled in price and has caught the attention of crypto-coin enthusiasts.

    Ethereum PoS on Poloniex

    Ethereum PoS on Poloniex (ETHS) was another name amongst the rising crpyto-tokens, which also soared to an all-time high. ETHS, the new proof-of-stake token formed in light of the Ethereum 2.0 merger has been in circulation for barely 10 days. Within the first few hours of trade, ETHS fell to a trough of $1,586, which remains its all-time low. The next 5 days saw surging growth, with ETHS peaking at its ATH of $1,948 on Sunday. This trend is likely to continue and see the ETSH push past the $2,000 threshold.

    Wrapped CRO

    Wrapped CRO (WCRO) too had undertaken a record climb to a peak price of $0.157. WCRO has been in the trade for the last two weeks. Within its first 24-hours in trade, the price experienced a hard plummet, falling to a low of $0.141, which remains its ATL to this day. Ever since then, WCRO has been on a roll, surpassing prior day gains on a consecutive basis. Sunday saw WCRO reach its ATH of $0.157, indicating a steady yet sustainable 11% gain.

    Top Movers (24H)

    One area that cryptocurrency enthusiasts are especially concerned with is the chart of top movers in the last 24 hours. This is arguably one of the best metrics to keep updated with crypto markets. The winners of the day reflect where the most optimistic traders in the market are rallying towards, and thus which coins are most worth betting upon.

    Cryptoindex.com 100

    Cryptoindex.com 100 (CIX100) took the lead amongst the winners of the day, shooting up from $0.0357, right up to $0.0698, which reflected a jump of almost 95% in a few hours. At present CIX100 continues its volatile spikes and is yet to stabilize at a specific price range. The token had been issues by Cryptoindex.com, which seeks to act as a one-stop platform for all those looking for robust analytics and updated information regarding the world of cryptocurrencies.

    DaoVerse

    DaoVerse (DVRS) also performed spectacularly, seeing a price jump from $0.029 to $0.100, denoting a jump of 245%, within a single day. DVRS has only been in circulation since the 9th of August and has remained relatively stable since then. It was not until yesterday that the DVRS’s volume saw a surge, indicating increasing interest around it. It was during this time the sharp price spike took place, with the day’s gains presently stabilized at 135%.

    MagicCraft

    MagicCraft (MCRT) continued its remarkable performance of the last 3 weeks, and stood as one of the top winning coins of the day. MCRT jumped today from $0.00898 to $0.0166, indicating an 85% single-day rise. This is especially impressive considering that its gains for the last week stand at 127%, and for the last 30 days at a whopping 884%. These figures suggest rocketing momentum which makes MCRT a fighter, and not just a one-hit wonder for the day.

    Deesse 

    The cryptocurrency, Deesse (LOVE) also made the news given its nearly 43% single-day jump from $0.00342 to $0.00503. At a certain point during the day, the gains peaked at 110% and were eventually corrected to their present level. Just a week ago, LOVE was trading at almost a third of its present price, indicating its growth spurt has been on the swing for the last few days. Its 7-day jump of 190% further enhances the fact that LOVE has many bulls backing it, resulting in a rallying up of its price.

    Santos FC Fan Token (SANTOS)

    Santos FC Fan Token (SANTOS), the sports token for Santos FC fans, also made its mark today as being amongst the big cryptocurrency winners. Its jump from $5.77 to $9.06 indicates an impressive 57% rise. The gains for the week stand at 92.8%, and for the month amount to 135%. It clearly is pushing through to the top for the past weeks and is not seeing spontaneous and unsustainable price spikes.