Crypto Highlights: Market Gainers, Decliners, and ICOs on the Horizon

Dear Readers,

Bitcoin (BTC), the largest cryptocurrency in the world, along with other crypto assets, saw a drop on Tuesday, following Donald Trump's inauguration. Bitcoin is now priced at $101,975, down 5.00%, after reaching a low of $100,103.96 earlier in the day. Ethereum also fell 2.89%, reaching $3,286.

The global cryptocurrency market capitalization decreased by 5.08%, settling at $3.54 trillion. Other prominent altcoins faced declines as well, including Solana (-8.93%), BNB (-1.74%), XRP (-5.39%), Dogecoin (-8.76%), Hedera (-8.16%), and Shiba Inu (-5.70%).

Highlights Of The Week

• Mark Cuban proposed creating a memecoin to help fund payments on the US national debt. 

• Enel Group teamed up with crypto wallet provider Conio to offer fractional ownership of solar panels via tokenization on the Algorand blockchain.

• El Salvador bought 12 Bitcoin for its reserve, despite an agreement with the IMF to reduce some crypto-related policies.

• The Ethereum Foundation plans to allocate 50,000 Ether (around $165 million) to support Ethereum's decentralized finance ecosystem.

• Coinbase users experienced hours-long delays on Solana transactions due to network congestion linked to the Jan. 18 memecoin launch by Donald Trump.

Top Weekly Gainers

The cryptocurrency market moves swiftly and is laden with uncertainty, but top-notch traders excel in finding the Top Weekly Gainers with considerable profit potential. By keeping ahead of market trends and price variations, investors can take advantage of these opportunities and may significantly improve their investment strategies.

The Official Trump token, also known as TRUMP, has seen an astounding surge of 476.28% in the past week, with its current price reaching $37.38 and a trading volume of $25.45 billion. Launched by President-elect Donald Trump on his Truth Social account, this Solana-based meme coin has captivated the crypto community. It offers users the opportunity to trade and invest in the token, tapping into the growing trend of meme cryptocurrencies, and its rapid price increase highlights the influence of prominent figures in the space.

Fartcoin (FARTCOIN) has made a notable splash in the market, soaring 62.64% over the past week to a price of $1.66, with a trading volume of $490.08 million. This fun and humorous cryptocurrency allows users to submit fart jokes or memes in exchange for tokens. It also features a unique "Gas Fee" system, where each transaction produces a digital fart sound, adding an extra layer of entertainment to the platform.

Raydium (RAY), a key player in the Solana blockchain ecosystem, has seen impressive growth last week, with its price increasing by 53.94%, bringing it to $7.49. The token’s current volume is $403.84 million. As an automated market maker (AMM) and liquidity provider for the Serum decentralized exchange (DEX), Raydium's growth is closely tied to the expansion of the Solana ecosystem.

DeXe (DEXE) has also seen a significant uptick in price, with its value rising by 34.05% in the past week to $18.40. The token’s current trading volume stands at $29.95 million. DeXe is one of the largest ecosystems on BNB Chain and Ethereum, and its recent integration with GraFun, a leading mempad on EVM-compatible blockchains, is expected to enhance its offerings.

SPX6900 (SPX) has experienced a solid increase of 27.19% in the last week, bringing its price to $1.30 with a current volume of $127.69 million. Known for its advanced blockchain cryptography, SPX6900 is a versatile token that has garnered attention for its potential scientific and limitless applications.

Top Weekly Losers

The ever-shifting cryptocurrency arena consistently delivers stories of gains and losses every week. The Top Weekly Losers reveal the intricate challenges of navigating regulatory updates, market turbulence, and media scrutiny. Still, this week presents an essential opportunity for traders and investors to rethink their approaches and strive for more favorable outcomes.

Zerebro (ZEREBRO) has seen a significant downturn, with its price currently sitting at $0.1502, reflecting a sharp drop of 44.58% over the last week. The token has a current volume of $59.72 million. Zerebro is an autonomous AI system designed to create, distribute, and analyze content across decentralized and social platforms.

Bio Protocol (BIO) has also experienced a notable decrease, with its price falling to $0.234, representing a 30.48% drop in the past seven days. The project’s trading volume stands at $116.98 million. BIO Protocol aims to revolutionize the pharmaceutical industry by enabling global scientists, patients, and investors to fund, develop, and co-own new drugs through Biotech Decentralized Autonomous Organizations (BioDAOs).

AVA (AVA) saw its price fall to $0.1595, reflecting a 43.40% decrease over the past week, with a current trading volume of $59.01 million. AVA is focused on tokenizing loyalty programs on the blockchain, offering rewards, discounts, and exclusive perks. Founded in 2017, the AVA Foundation seeks to build a decentralized loyalty ecosystem, though the recent drop in price suggests it’s facing some headwinds.

Pudgy Penguins (PENGU) also experienced a decline, with its price dropping to $0.02365, a 27.63% decrease in the last seven days. Despite this downturn, the project maintains a high trading volume of $334.93 million. Pudgy Penguins has garnered significant attention, becoming one of the most recognizable and influential communities within the crypto space.

ORDI (ORDI), the first BRC-20 token on the Bitcoin blockchain, has dropped by 23.21%, bringing its price down to $19.27. The token's trading volume is currently $207.82 million. Inspired by the Ordinals protocol, ORDI is pushing the boundaries of digital assets on Bitcoin’s blockchain, but its recent price decline suggests a rough patch for the token.

Hot ICOs To Watch

Active ICOs

Aligned Layer is currently in its public sale, which started on January 16 and will end on January 23. With a fundraising goal of $5 million, Aligned Layer is an evidence verification platform built on top of EigenLayer. By leveraging data reprocessing and evidence aggregation, it aims to provide a robust and trustworthy layer for verifying evidence in decentralized systems.

Another exciting project, Solv Protocol, is hosting a Launchpool on Bitget. The sale began on January 17 and will continue until January 27. Solv Protocol, which has already raised $22 million across six rounds, is building a Bitcoin-centric financial ecosystem. Its focus is on Bitcoin staking, providing users with the opportunity to engage with a range of Bitcoin-powered DeFi services and products.

Finally, Zephyr is currently in its public sale, which started on August 19, 2024, and will conclude on February 4, 2025. With a fundraising goal of $110,000, Zephyr aims to revolutionize prediction markets by being the first-ever prediction market built on the Solana blockchain. The platform offers users the opportunity to predict outcomes on various events in a decentralized, fast, and efficient manner.

Upcoming ICOs

Ten, formerly known as Obscuro, is preparing for its public sale, which will begin in the first quarter of 2025. Having already raised $13.5 million across four rounds, Ten is a Layer 2 rollup designed to hyper-scale and encrypt Ethereum. It enables Ethereum smart contracts to incorporate both public and private elements, all while maintaining a seamless experience for users and developers alike.

0xVM is another upcoming project that will launch its public sale in February 2025, though exact dates are yet to be confirmed. The project has already raised $5.2 million across four rounds. 0xVM aims to enhance Bitcoin's functionality while maintaining the core principles of security and decentralization. This groundbreaking solution is designed to provide more capabilities to Bitcoin without compromising its foundational structure.

GPT Wars will also launch its IDO on Finceptor in February 2025, with no specific dates yet. With a fundraising goal of $125,000, GPT Wars is an exciting first-person shooter survival game set in a dystopian future. The game is being built on SEI, offering players an immersive experience in a futuristic, battle-filled world.

Ended ICOs

Solayer recently concluded its IDO, which ended on January 18. The project raised $10.5 million. Solayer is focused on building the restaking network natively on the Solana blockchain, providing an innovative solution to enhance staking efficiency and scalability within the Solana ecosystem.

ChainAware.ai’s IDO on ChainGPT ended on January 16, with a total of $850,000 raised across four rounds. ChainAware.ai is pioneering on-chain and actionable analytics for behavioral data in Web3. The platform also leverages AI agents to deliver enhanced insights and analytics, aiming to drive smarter decision-making within decentralized ecosystems.

ZayaAI’s IDO on EnjinStarter wrapped up on January 15, raising $1.4 million across nine rounds. ZayaAI is transforming the healthcare industry by integrating AI and blockchain technologies. The project is setting new standards in digital pathology, providing cutting-edge solutions that improve medical diagnostics and research through advanced technologies.

Hottest Airdrops

Endless

• Go to the official Endless airdrop page.

• Log in to your TaskOn account using one of these methods:

• Social media account

• Email address

• Web3 wallet

• Connect the necessary accounts based on the tasks.

• Complete all the tasks listed in your dashboard.

• Ensure that all tasks are marked as completed in your TaskOn account.

• Wait for the announcement of the reward distribution.

PERPLAY

• Go to the official PERPLAY Gleam campaign page.

• Connect your wallet to confirm your participation.

• Complete the required social media tasks.

• Each completed task will unlock additional entries.

• Finish all the tasks to earn the maximum number of entries.

  
  Best Regards,
  Crypto Recorder Team
  
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