Crypto Trends Weekly: Winners, Losers, and the Next Big ICOs

Dear Readers,

Bitcoin rose to $91,620.74 on Tuesday, staying near its record high of $93,226.6, fueled by MicroStrategy’s additional purchases and optimism around potential friendlier U.S. regulations under a second Trump presidency. However, broader crypto prices cooled as uncertainty about Trump’s impact on the sector grew. Ether rose to $3,106, near a three-month high, while SOL, XRP, and ADA retreated. MATIC added 2.79%. The global crypto market cap is $3.07 trillion, down 0.27% in the last 24 hours.

Highlights Of The Week

• Binance clarified its new BFUSD asset is not a stablecoin, addressing concerns over its high-yield promises.

• Bakkt's shares surged 162% on Nov. 18 after reports of Donald Trump’s company negotiating to acquire the crypto exchange. 

• Genius Group purchased 110 Bitcoin for $10 million and plans to launch a podcast to guide firms on using Bitcoin as a treasury reserve asset.

• MicroStrategy announced a $1.75 billion fundraising plan via 0% interest senior convertible notes to acquire more Bitcoin.

• Japan's DMM Crypto is halting its Seamoon Protocol, with the platform's future under review. 

• Goldman Sachs is planning to spin out its cryptocurrency platform to create a new company for blockchain-based financial instruments. 

• Polter Finance paused operations after a $12 million flash loan hack and is working with law enforcement while negotiating with the hacker.

Top Weekly Gainers

In the dynamic world of cryptocurrency, where prices can change rapidly, savvy traders excel by pinpointing the top-performing assets of the week that offer significant profit potential. By staying alert to market trends and price movements, investors can capitalize on these opportunities, refining their strategies to maximize returns.

In the latest market updates, NobleBlocks (NOBL) has seen an impressive surge, with its price rising by 257.14% to $0.01794, alongside a current trading volume of $1.01M. This project is making strides in the realm of scientific publishing, using blockchain technology to advance decentralized science (DeSci), a forward-thinking approach to scientific research.

Similarly, Data Lake (LAKE) has experienced a notable increase of 182.76%, reaching a price of $0.01852, supported by a volume of $1.50M. This project is positioned at the forefront of medical innovation, harnessing the power of AI and machine learning to revolutionize treatment options, early diagnoses, drug discovery, and much more in the medical field.

The utility-driven memecoin, HUND (HUND), has gained momentum with a 156.66% rise, bringing its price to $0.02141, and a trading volume of $8.85M. HUND combines AI-driven solutions with a decentralized exchange (DEX), launchpad, NFTs, games, and memes, positioning itself as a versatile and engaging digital asset.

ResearchCoin (RSC), with a price of $0.767, has appreciated by 102.98%, accompanied by a volume of $1.38M. This token powers the ResearchHub platform, which aims to expedite the pace of scientific discovery by creating an efficient space for collaboration in research, similar to GitHub’s impact on software engineering.

Finally, OriginTrail (TRAC) has seen a more modest growth of 30.63%, with its price standing at $0.9687 and a volume of $7.81M. OriginTrail is developing a trusted knowledge infrastructure for artificial intelligence, addressing misinformation challenges by ensuring data provenance and enabling the discoverability of critical knowledge and real-world assets.

Top Weekly Losers

The cryptocurrency market is continually changing, with a mix of gains and losses. The "Top Weekly Losers" list highlights how factors like regulatory changes, market fluctuations, and media coverage can heavily affect asset prices. Despite this week’s decline, it presents an opportunity for traders and investors to reassess their strategies and work towards more favorable results moving forward.

Luminous (LUM) leads the pack, currently trading at $36.98, reflecting a sharp decline of 40.97%. Despite this downturn, Luminous remains a symbol of human-AI collaboration through its innovative token structure, with a trading volume of $8.97 million.

Another significant loser is Paal AI (PAAL), which is currently priced at $0.1889, down by 36.66%. The token, with a trading volume of $8.62 million, operates within the Ethereum ecosystem, offering profit-sharing and token buybacks to encourage demand. Holders can also earn tokens by engaging with AI services, making referrals, and contributing to the community.

Nibiru Chain (NIBI) is also experiencing a notable decline, down 31.97% and currently priced at $0.03461. With a trading volume of $2.03 million, Nibiru Chain powers a high-performance Layer 1 blockchain and smart contract ecosystem known for its exceptional throughput and security.

Graphlinq Chain (GLQ) is trading at $0.07747, a decrease of 20.58%, with a volume of $1.67 million. As the native token of the Graphlinq ecosystem, GLQ enables users to execute and automate blockchain-based tasks, events, and processes on both test and main nets, driving the token’s utility despite the recent market decline.

Finally, StarryNift (SNIFT) is trading at $0.02441, marking a 17.51% drop with a trading volume of $1.69 million. SNIFT aims to revolutionize user experiences with its AI-powered platform, which allows users to play, create, socialize, and earn, even as it faces a downturn in value.

Hot ICOs To Watch

Active ICOs

Pett AI (PAI)

Pett AI is currently conducting its IDO on Ape Terminal, with the sale running from July 23 to November 21, 2024, aiming for a $250K fundraising goal. Pett.AI combines innovative token-driven mechanisms with in-game artificial intelligence features, creating an immersive gaming experience exclusively on the Telegram App.

Laika (LAIKA)

It is the first Layer 2 solution on the Dogecoin blockchain and is in its public sale phase from November 11 to November 26, 2024, with a $2M fundraising target. Laika is designed to enhance the Dogecoin network with improved speed, scalability, and programmability.

Renzo Protocol (REZ)

Leveraging the EigenLayer framework, Renzo Protocol has raised $20.2M across five rounds. Its sale, which began on December 6, 2023, is set to conclude on November 30, 2024, positioning it as a significant player in restaking protocols.

Upcoming ICOs

Hyper Oracle (ORA)

A zero-knowledge middleware developer, Hyper Oracle will be launching its sale in Q4 2024. The company has raised $23 million across three rounds of funding.

Monad Pad

Monad Pad is a platform designed to simplify the process of launching and investing in crypto projects. Its sale is set to begin in Q4 2024, following a fundraising round that raised $945K.

Zkex (ZKEX)

Offering bridgeless multi-chain trading secured by zero-knowledge technology, ZKEX is a trust-minimized, self-custodial order book decentralized exchange (DEX) with centralized finance (CeFi) performance. The project has raised $2.5 million in a single funding round and will be launching its sale in Q4 2024.

Ended ICOs

USUAL (USUAL)

The sale for USUAL ended on November 18, 2024, with $8.5 million raised across 3 rounds. USUAL is a secure and decentralized Fiat Stablecoin issuer, which redistributes ownership and governance through the $USUAL token, empowering users with greater control over the platform.

0G

The 0G sale also concluded on November 18, 2024, with a total of $325 million raised in 3 rounds. 0G is pioneering the first modular AI chain, enabling users to leverage Web3's modular infrastructure and advanced tools. This project is poised to bring Web3 into the era of GenAI, unlocking its full potential for the next generation of decentralized applications.

Ink Finance (QUILL)

Ink Finance's sale, which ended on November 18, 2024, successfully raised $5 million over 2 rounds. Ink Finance provides a scalability solution for Web3 DAOs, protocols, and asset managers, allowing them to tailor asset management and governance frameworks through a no-code interface. This innovative approach helps establish on-chain credit and financial competence effectively.

Hottest Airdrops

Nordom Gates

• Join the platform by access the Nordom Gates Telegram Bot. 

• Start a conversation with the bot.

• Complete daily activities by daily login to claim streak rewards (3–20 keys and 100–500 points).

• Play the main game by unlocking doors.

• Progress through stages to earn increasing points (up to 1 million at Stage 10).

• Maximize earnings by inviting friends to join the platform and earn 1–10 keys and 100–500 points per referral.

• Complete tasks across all categories including Social tasks, Activity tasks, and Partner tasks.

• Track your progress by monitoring your points and door unlocking progress through the bot.

• Stay updated with community announcements for new earning opportunities.

DeusWallet

• Download and install DeusWallet.

• Complete the installation process on your device.

• Open DeusWallet and navigate to the ‘Receive’ menu.

• Take a clear screenshot of the ‘Receive’ section.

• Click the ‘Participate’ button to submit your participation.

• Send the screenshot from the ‘Receive’ menu.

• Wait for status verification (up to 24 hours).

• Your status will change from “not active” to “active” once approved.

  
  Best Regards,
  Crypto Recorder Team
  
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