Crypto Roundup: Top Performers, Market Slumps, and ICO Buzz

Dear Readers,

On Tuesday, the major cryptocurrencies continued their downward adjustments. Bitcoin (BTC) dropped by over 2.18% in the past 24 hours, now priced at $93,868. In contrast, Ethereum (ETH) experienced a 1.85% increase, reaching $3,396. Several other altcoins saw positive movement, with XRP gaining 2.52% and Solana (SOL) rising by 4.31%. As a result, the global cryptocurrency market capitalization fell by 0.17%, reaching $3.31 trillion.

Highlights Of The Week

• Bitcoin miner TeraWulf will lease over 70 MW of data center infrastructure to increase AI revenue amid rising Bitcoin mining costs and shrinking profitability.

• Hyperliquid experienced its largest single-day outflow of $256M after reports revealed North Korean hackers trading on the platform.

• Crypto firm MoonPay is reportedly in talks to acquire Helio Pay for $150 million to enhance its merchant services.

• Crypto.com launched an institutional crypto custody service in the US, aligning with plans to grow its market presence post-Trump election.

• Malaysia's securities regulator prohibited Web3 service Atomic Wallet from operating due to a 2023 hack exceeding $100 million.

•  MicroStrategy reported its smallest Bitcoin buy since July 2024 while continuing its long-term acquisition strategy.

Top Weekly Gainers

The cryptocurrency market’s volatility and rapid pace demand sharp analytical skills from traders who aim to stay ahead. By carefully analyzing market trends and price fluctuations, they position themselves to capitalize on opportunities and refine their strategies for maximum gains. The crypto market continues to be a hotspot for dynamic changes and significant price movements across various tokens.

Pudgy Penguins (PENGU) has made a splash in the crypto market following last week's monumental $1.5 billion airdrop on the Solana blockchain. Since going live on Dec. 17, 2024, the token has skyrocketed to the 76th position, boasting a current price of $0.03156, a 531.36% increase, and a trading volume of $617.59M.

Meanwhile, GAME by Virtuals (GAME) continues its ascent with a current price of $0.2361, reflecting a 132.63% gain and a trading volume of $17.06M. GAME empowers AI agents to operate autonomously, processing inputs and generating responses while learning from past interactions.

DeXe (DEXE) remains a beacon of innovation in decentralized governance, now trading at $12.52 after a 50.55% rise, with an $87.75M volume.

On the experimental front, Rifampicin (RIF) shines as a longevity token, currently priced at $0.05374, up 36.93%, with a $65.41M trading volume, fueled by its groundbreaking live-streamed experiments on Pump Science.

Lastly, PARSIQ (PRQ) strengthens its foothold in blockchain intelligence with a 30.65% rise, a current price of $0.2096, and a $7.04M trading volume, solidifying its role as a next-gen analytics platform across industries.

Top Weekly Losers

The cryptocurrency market is dynamic and unpredictable, with trends that alternate between surges and downturns. The "Top Weekly Losers" list showcases how asset values can be heavily influenced by factors like regulatory developments, market volatility, and media influence. Although this week shows a decline, it also provides traders and investors with an opportunity to reevaluate their approaches and strive for better results in the future.

AI Companions (AIC) is at the forefront of revolutionizing digital relationships, integrating AI, VR, AR, and blockchain technologies to allow users to create deeply personalized virtual companions that evolve over time. Currently priced at $0.1088, AIC has seen a decline of 32.46% with a trading volume of $5.98 million.

Qubic (QUBIC), priced at $0.052845 with a 29.03% drop, is redefining blockchain through its feeless transactions and unique PoW model, which channels computational power toward AI training. Qubic’s current trading volume stands at $8.38 million.

Nosana (NOS), trading at $2.88, is focused on creating an open-source cloud computing marketplace for AI inference, aiming to make GPU hardware accessible to all. Despite a decrease of 28.37%, Nosana has a volume of $2.54 million.

Cortex (CTXC), priced at $0.2791 with a 26.68% decrease, is an open-source, decentralized blockchain platform that supports AI models on a distributed network, with a trading volume of $18.09 million.

Finally, Echelon Prime (PRIME) is making strides in the gaming industry by developing tools to foster innovation and growth in new gaming models and economies. Currently priced at $10.64, Echelon Prime has experienced a 25.95% decline with a volume of $9.97 million.

Hot ICOs To Watch

Active ICOs

Swell Network (SWELL)

The Swell Network sale began on January 29, 2024, and is scheduled to conclude on December 25, 2024. To date, the project has successfully raised $3.75M across four fundraising rounds. Swell Network is pioneering liquid restaking for DeFi, offering innovative solutions in the decentralized finance space.

Sentient AI (SETAI)

The Sentient AI sale commenced on December 24, 2024, and will run until December 26, 2024. With an IDO fundraising goal of $150K on GameFi, Sentient AI is an advanced artificial intelligence system designed to emulate human-like thinking and emotions. It perceives the world and responds with empathy and creativity, creating an immersive, human-centric experience.

Huddle01

Huddle01 sale started on November 6, 2024, and will end on December 30, 2024. The project has raised $4.5M across two rounds. Huddle01 is revolutionizing audio/video communication with a three-pronged approach that includes a video meeting platform, a/v infrastructure, and a decentralized real-time communication (dRTC) network, enhancing communication efficiency, reliability, and security.

Upcoming ICOs

Qorbi World (QORBI)

The IDO on Kommunitas for Qorbi World will commence on December 25, 2024, and conclude on December 26, 2024, with a fundraising goal of $250K. Qorbi World is a dynamic gaming company focused on delivering tactical and competitive games across PC and mobile platforms. The company integrates blockchain rewards and NFT in-game assets, allowing users to trade these assets across various markets.

AZCoiner (AZC)

The IDO on Kommunitas for AZCoiner will begin on December 26, 2024, and end on December 27, 2024, also aiming for a fundraising target of $250K. AZCoiner is a pioneering project that integrates the advanced AI-Agent 2.0 technology into the Web3 space, offering innovative solutions for decentralized platforms.

BIO Protocol (BIO)

BIO Protocol has announced that its Token Generation Event (TGE) will take place on January 3, 2025. With a $33M raised across three rounds, BIO is a curation and liquidity protocol designed to accelerate the biotech industry. Its mission is to empower global communities of patients, scientists, and biotech professionals to co-fund, build, and own tokenized biotech projects and intellectual property.

Ended ICOs

Swing (SWING)

SWING public sale ended on December 20, 2024, raising a total of $750K in that round. Swing is a cross-chain liquidity routing platform designed to optimize liquidity across various blockchain networks, ensuring a seamless experience for both users and liquidity providers.

Fuel Network (FUEL)

The Fuel Network IDO on Legion ended on December 19, 2024, with a fundraise of $2.5M. Fuel is an operating system specifically built for Ethereum Rollups, enabling them to achieve high parallelization, minimized state execution, and interoperability, all without sacrificing performance or scalability.

WELF (WELF)

The WELF IDO on Ape Terminal concluded on December 18, 2024, with $200K raised. WELF offers an integrated suite of products that cater to the needs of high-net-worth individuals (HNWIs), combining traditional financial services with advanced technology to deliver a seamless and comprehensive experience.

Hottest Airdrops

NebulaStride

• Visit the NebulaStride Airdrop Page

• Connect your wallet

• Complete social tasks by following NebulaStride’s social media channels

• Engage with their community platforms

• Verify social media interactions on the airdrop page

• Mint NFT Pass by following the minting instructions on the platform

• Claim daily lootboxes by opening 2 free lootboxes for NST rewards

• Access 3 additional cases for BNB rewards

• Check contents immediately after opening

BoxBet

• Visit the BoxBet Platform

• Complete registration and create an account

• Follow the onboarding process

• Complete any necessary verification steps

• Start gaming activity by heading to the Slots section

• Begin placing bets to build volume

• Monitor activity on the leaderboard

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!