Crypto Pulse Weekly: Top Gainers, Losers, and ICO Watchlist

Dear Readers,

In recent market activity, volatility has been a key theme, capturing global investor attention. Over the past day, Bitcoin (BTC) saw its price settle at $59,022, marking a modest gain of 0.79%. Ethereum (ETH) also experienced a slight increase of 0.69%, bringing its price to $2,310. Meanwhile, the global cryptocurrency market cap enjoyed a slight uptick of 0.65%, reaching $2.05 trillion. Additionally, the total market volume surged by a notable 23.04%, climbing to $63.69 billion. This increase in volume highlights a significant uptick in trading activity amidst the broader market fluctuations.

Highlights Of The Week

• Singapore’s DBS Bank will introduce OTC crypto options trading and structured notes for institutional clients, continuing to offer products linked to Bitcoin and Ether.

• Bhutan has been identified as a major Bitcoin holder, surpassing El Salvador with 13,029 BTC (approximately $758 million), according to Arkham Intelligence.

• Two SEC commissioners criticized the agency for forcing NFT-themed restaurant Flyfish Club into a $750,000 settlement.

• Cathedra Bitcoin, a Canadian Bitcoin miner, is pivoting from mining to acquiring Bitcoin on the open market, emulating MicroStrategy's strategy.

• Risc Zero will launch a service using zero-knowledge (ZK) proofs to enhance blockchain security for offchain applications, as announced on Sept. 16.

Top Weekly Gainers

In the ever-evolving world of cryptocurrency, where volatility is the norm, adept traders shine by pinpointing the Top Weekly Gainers that offer substantial financial promise. By staying proactive and closely monitoring market dynamics and price shifts, investors can leverage these opportunities, potentially refining their investment approaches for greater success.

Baby Doge Coin (BabyDoge) has been making headlines with a notable surge in its value. Currently priced at $0.081876, Baby Doge has soared by an 96.62% over the past week. The coin, which boasts a trading volume of $207.14 million, is a leading community meme coin on the BNB chain. Originally launched as a playful joke, Baby Doge has since embraced a mission to promote animal adoption awareness, gaining a significant following in the process.

Creo Engine (CREO) has also shown remarkable growth, with its price reaching $0.06501—a surge of 84.97% in just seven days. The token, with a current trading volume of $2.76 million, is dedicated to revolutionizing the crypto gaming industry. Creo Engine offers high-quality games enhanced with stunning visuals and sound, a robust play-to-earn system, and a secure blockchain marketplace for digital asset trading.

Nervos Network (CKB) has experienced a substantial jump, climbing 79.84% to a current price of $0.01562. The network, which has a trading volume of $221.28 million, is gaining attention for its innovative approach to blockchain interoperability. This feature allows different blockchains to communicate and share information seamlessly, addressing the growing need for interconnected blockchain applications.

Opulous (OPUL) has grown by 38.36% in the past week, with its current price standing at $0.06335. The token, with a volume of $1.57 million, represents the first peer-to-peer decentralized finance platform backed by real-world assets, positioning itself as a pioneer in the DeFi space.

Lastly, Sui (SUI) has seen a 24.40% increase, with its price currently at $1.14. The token's trading volume has reached $519.09 million. Notably, USD Coin (USDC), the second-largest stablecoin by market capitalization, is set to join the Sui network, as announced by the co-founder and CEO of USDC issuer Circle.

Top Weekly Losers

Each week, the evolving world of cryptocurrency showcases a mix of victories and setbacks. The Top Weekly Losers underscore the difficulties of dealing with regulatory shifts, market fluctuations, and media scrutiny. However, this week serves as a crucial chance for traders and investors to reconsider their tactics and work towards better outcomes.

Lithium (LITH) has faced a significant decline recently, with its price dropping to $0.0001764, marking a 37.61% decrease over the past week. The token, which has a current trading volume of $348,643, is part of Lithium Finance. This DeFi protocol aims to harness collective intelligence to price assets that are otherwise unpriced, but it has struggled with a notable decrease in value.

Galaxis (GALAXIS) has also seen a considerable drop, with its price plummeting to $0.00173—a 35.22% decrease in the last seven days. The token, currently trading with a volume of $284,695, is linked to a no-code Web3 platform designed to empower creators and communities to become owners. Galaxis provides a robust DIY framework for community building.

GameStop (GME), the token inspired by the 2021 short squeeze of the GameStop stock, has seen its price fall to $0.003324, a drop of 26.43% over the past week. With a trading volume of $8.15 million, GME coin on the Solana blockchain is a meme token that has not managed to sustain its initial momentum.

UniLend (UFT) has also been on a downward trajectory, with its price falling to $0.2194, representing a 17.44% decrease in the last week. UniLend, which offers a permissionless DeFi protocol combining spot trading services with lending and borrowing functionality, has seen a trading volume of $1.06 million.

Apeiron (APRS) has experienced a decrease of 16.07%, bringing its price down to $0.1568. The token, which has a current trading volume of $4.41 million, is associated with a casual competitive mobile game on the Ronin Network. Despite its engaging gameplay involving battles and exploration, Apeiron has not been immune to the broader market downturn.

Hot ICOs To Watch

Active ICOs

Babylon

The ICO for Babylon commenced on August 22, and the project has raised $88 million across six rounds of funding. Babylon is focused on creating security protocols designed to scale Bitcoin, aiming to enhance security within the decentralized world.

Berachain

Berachain's ICO started in Q2 2024 and is set to conclude in Q3 2024. To date, the project has raised $211 million through four rounds. Berachain is a high-performance blockchain that is EVM-compatible and operates on a Proof-of-Liquidity consensus mechanism, positioning itself as a robust solution in the blockchain ecosystem.

CratD2C

CratD2C's ICO began on March 8 and is scheduled to end on September 30. The project has raised $340,000 across four rounds. CratD2C is a groundbreaking platform that combines Delegated Proof of Stake (DPoS) with Layer-1 architecture, setting a new benchmark for security, speed, and scalability in the blockchain space.

Upcoming ICOs

Pencils Protocol

Pencils Protocol is set to launch its public sale on September 18. This innovative platform is designed to be a next-generation decentralized service that provides auction capabilities for blockchain-native assets and real-world assets (RWAs). Additionally, it offers unified and leveraged yield aggregation services, allowing users to maximize the utility of their assets. To date, Pencils Protocol has raised $2.1 million across nine fundraising rounds.

K4 Rally

K4 Rally is gearing up for its Initial DEX Offering (IDO) on Kommunitas, scheduled to start on October 23 and conclude on October 24. This exciting blockchain-based game merges the thrill of real-world rally racing with the dynamic world of Play&Earn gaming. K4 Rally aims to raise $250,000 during this short fundraising window, making it a promising opportunity for gaming and blockchain enthusiasts alike.

Peaq

Peaq is preparing for its Token Generation Event (TGE) and distribution, expected to commence in Q3 of 2024. As a Layer-1 blockchain specifically designed for Decentralized Physical Infrastructure Networks (DePIN) and Machine RWAs, Peaq has already garnered significant support, raising $24.04 million across four rounds. This project is poised to play a pivotal role in advancing blockchain technology for physical and machine-based assets.

Ended ICOs

Balance

The ICO for Balance concluded on September 16, raising $30 million across two rounds of fundraising. Balance is a cutting-edge Web3 gaming ecosystem that specializes in providing seamless management services for game assets, aiming to revolutionize how gamers interact with and manage their digital assets.

Zephyr

Zephyr wrapped up its public sale on September 15, securing a total of $220,000. This project is notable for launching the world’s first prediction market on the Solana blockchain, offering a novel platform for users to engage in predictive trading and market forecasting.

NOTAI

The ICO for NOTAI ended on September 12, having raised $1.56 million through six rounds. NOTAI is pioneering as the first AI-driven SuperApp integrated with Telegram, designed to cater to the extensive needs of its 950 million users, enhancing communication and productivity with advanced artificial intelligence capabilities.

Hottest Airdrops

Zaros

• Visit Zaros and link your wallet.

• Make sure you have ETH on the Arbitrum Sepolia testnet. You can get free testnet ETH from Alchemy or QuickNode.

• After connecting your wallet and obtaining testnet ETH, mint 100,000 testnet USDC through Zaros and set up your trading account.

• Follow the tasks on the page to earn zPoints and badges. Tasks include daily check-ins, reaching $10,000 in trading volume, and achieving positive PnL.

• Share your referral link to invite friends and earn additional zPoints.

• The points page will be updated with new tasks, so visit regularly to maximize your zPoints earnings.

Soneium

• Go to the Soneium website to get started.

• Soneium has introduced their Soneium Minato testnet. Visit the Soneium testnet bridge.

• Head to Alchemy to request Sepolia ETH for use on the testnet.

• Connect your wallet and use the bridge to transfer your test tokens.

• Look for additional applications on the testnet, use them, and provide feedback.

• Visit the Soneium Discord channel.

• Get the GM role in Discord by reaching the necessary level to join the main channel. Increase your level by sending 5-6 messages in the waiting room.

• Mint an XNAME domain on the Soneium Minato testnet.

• While there’s no token currently, Soneium might launch one in the future. Engaging with their testnet and participating in Discord could make you eligible for a future airdrop. 

Best Regards,
Crypto Recorder Team

P.S Got a question, suggestion or general feedback? Feel free to reply to this email. I'll get back to you asap!