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Crypto Weekly Roundup: Spotlight on ICOs, Hottest Airdrops and Top Movers

Crypto Recorder is a bi-weekly email newsletter Powered by StocksTelegraph.com 

Dear Readers,

Bitcoin has recently surged past the $45,000 mark for the first time in almost two years, fueled by anticipation of the imminent approval of a spot Bitcoin exchange-traded fund (ETF). Experiencing a swift ascent from the $42,000 threshold, the Bitcoin price has escalated by over 7.69% in the past 24 hours, currently standing at $45,820. Simultaneously, Ethereum has witnessed a nearly 5% increase in the last 24 hours, reaching $2,429—a 6.29% surge from its closing price yesterday.

Highlights Of The Week

  • Recent attack on Orbit Chain's cross-chain bridge leads to nearly $100 million in crypto stolen in December.

  • Number of installed Bitcoin ATMs drops by approximately 11.1% at the start of 2024, breaking a 10-year trend of annual increases.

  • Kyrgyzstan government collects 78.6 million soms (almost $883,000) in taxes from cryptocurrency miners in the first 11 months of 2023, marking a significant rise from the previous year.

  • Altcoin Tellor (TRB) experiences a surge of nearly 150%, reaching a new all-time high of $619 before rapidly dropping to $136 within 13 hours on Dec. 31.

  • Major crypto and Bitcoin mining-related stocks, which fell as much as 17% on the last day of trading in 2023, considered a "healthy pullback" by a Bitcoin analyst.

  • Over 324,000 crypto users fall victim to phishing scams in 2023, resulting in approximately $295 million in digital assets lost to wallet drainers.

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Top Weekly Gainers

Within the dynamic world of cryptocurrencies, acknowledged for its innate instability, perceptive traders showcase the ability to spot weekly frontrunners laden with promising chances for financial gain. By adopting a forward-thinking mindset and diligently monitoring market trends and price shifts, investors can seize these advantageous moments, potentially transforming their investment strategies to achieve optimal results.

Bitcoin SV (BSV) has emerged as the top weekly gainer in the cryptocurrency market, experiencing a surge of 107.18%. BSV price has soared to its current price of $102.76. This surge has been fueled by a substantial increase in trading volume, rising from $50.50 million to $363.52 million. South Korean traders, particularly on Upbit, have played a pivotal role in influencing and driving this surge, showcasing the interconnected nature of global cryptocurrency markets.

Sei (SEI) stands out with a significant gain of 75.7%, moving to the current price of $0.7518. The trading volume for Sei has surged from $492.04 million to $1.27 billion. Sei distinguishes itself as the first sector-specific Layer 1 blockchain, specializing in trading and aiming to provide exchanges with a unique advantage.

ROCO FINANCE (ROCO) has also experienced a substantial increase of 78.1%, rising to the current price of $0.2326. While the trading volume for ROCO is relatively modest, increasing from $969,058 to $1.80 million, its significance lies in being a decentralized GAMEFI platform. ROCO aims to provide blockchain services to game developers, content creators, and player communities through its blockchain network.

KIRA (KEX) has seen a notable gain of 72.83%, moving to the current price of $0.187. The trading volume for KIRA has remained relatively stable, going from $1.87 million to $1.89 million. KIRA distinguishes itself as a virtualization and consensus framework that enables the deployment of trusted code without the need for smart contracts or complex infrastructure, showcasing innovation in the blockchain space.

Neon EVM (NEON) has jumped by 63.29%, reaching the current price of $3.38. The trading volume for Neon EVM has witnessed an increase from $6.65 million to $9.83 million. Neon EVM operates as a smart contract on the Solana blockchain, known for its fast-growing ecosystem and proof-of-history consensus mechanism, adding to the diversity of blockchain technologies in the market.

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Top Weekly Losers

Amidst the perpetual tumult of the cryptocurrency sphere, one encounters a blend of weekly champions and strugglers, all navigating the repercussions of regulatory alterations, market fluctuations, and unfavorable media attention. While contending with losses may be a taxing experience, it stands as a vital opportunity for traders and investors to scrutinize their strategies, dissect the contributing factors to setbacks, and make calculated choices to guide their future investments toward success. This week in the cryptocurrency market, several tokens witnessed noteworthy declines.

DeFine (DFA) emerged as the most significant loser in the weekly crypto market, experiencing a substantial 74.02% plunge. The token price currently stands at 0.002217, reflecting a dramatic loss in value. With a current volume of $4.81 million, DeFine is a platform designed to facilitate social interaction, engagement, and communication for creators and their fanbase through digital assets like NFTs and social/fan tokens, as well as real assets on the blockchain.

Dego Finance (DEGO) faced a notable decline of 42.04% over the week, currently standing at $2.95. The current volume for DEGO is reported at $16.49 million. Despite this setback, Dego Finance recently announced a promising collaboration with B2Chain, the first EVM-compatible rollup backed by zero-knowledge proofs on the Bitcoin network, indicating potential future developments for the project.

Guild of Guardians (GOG) also experienced a fall of 31.33% to the current price of $0.1372. The current volume for GOG stands at $1.53 million. Guild of Guardians operates as a multiplayer fantasy action RPG on Immutable X, envisioning itself as the world's most popular RPG. Players can assemble a set of Guardians and earn rewards within the game, showcasing a unique approach to blockchain-based gaming.

Bounce Token (AUCTION) recorded a decline of 28.15% over the week to the current price of $30.20. The current volume for AUCTION is reported at $46.29 million. Functioning as Auction as a Service, Bounce's fully decentralized auction platform utilizes blockchain technology to ensure transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users.

BakeryToken (BAKE) witnessed a drop of 23.69% in its value, currently standing at $0.5332. The current volume for BAKE is reported at a substantial $190.36 million. BakeryToken operates within BakerySwap, a decentralized automated market-making (AMM) protocol based on the Binance Smart Chain (BSC), showcasing the challenges and fluctuations associated with projects within the BSC ecosystem.

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Hot ICOs To Watch Out For

Active ICOs

Moon App, in its ICO that commenced on December 21 and awaits an announcement for its conclusion, aims to raise $2,000,000. Positioned as an altcoin trading solution, Moon App boasts a user-friendly mobile interface catering to retail investors.

SpaceCatch, initiated on November 12 with an ongoing end date announcement, targets a fundraising goal of $3,370,000. This project stands out as a next-generation augmented reality (AR) game fueled by sophisticated artificial intelligence.

Lastly, yPredict commenced its sale on August 01 and is yet to specify its conclusion. With a fundraising goal of $6,500,000, yPredict distinguishes itself as an innovative AI-powered platform providing precise predictive analytics tailored for businesses of all sizes.

Upcoming ICOs

Mar3 AI is scheduled to kick off its sale on January 08, concluding on January 12, with a fundraising goal of $1,520,000. Mar3 stands out as an AI-driven social decentralized application (dApp), presenting an intriguing fusion of social connections and profit opportunities within the Web3 ecosystem.

Following closely is Digiverse, commencing its sale on January 09 and wrapping up on January 11, with a fundraising goal of $1,400,000. Digiverse promises to transport users into a digital metaverse, offering an immersive perception of virtual reality.

IvendPay, set to start its sale in January without specifying exact dates, aims to raise $3,370,000. Positioned as an international payment service, IvendPay facilitates cryptocurrency transactions for businesses across various channels, including point-of-sale terminals, mobile apps, e-commerce platforms, API integrations, and vending machines.

Ended ICOs

Aether Games, a game development studio in the crypto and NFT realm, wrapped up its ICO on December 28, exceeding its fundraising goal by raising $4,500,000. The studio is known for creating high-end games within a cohesive franchise and metaverse.

NFPrompt, the Prompt Artist Platform in Web3, completed its sale on December 27, amassing $60,000,000 in funds. NFPrompt allows users to transform their imagination into AI-generated NFTs, with collectors having the unique opportunity to buy and sell these NFTs along with the original prompt used to generate the image.

Manilla Finance concluded its ICO on December 25 after starting on September 01, raising $2,600,000 towards its goal of $4,300,000. Manilla Finance focuses on being a Web 3.0 CeDeFi solution, aiming to enhance the process of paying utility bills using digital currencies.

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Hottest Airdrops

Undeads

  • Go to the Undeads DMission airdrop page.

  • Connect your wallet securely.

  • Complete tasks to earn points.

  • Share of 2,500,000 UDS based on points earned.

  • Hold Undeads NFTs for additional rewards.

  • Undeads game players can share 5,000,000 UDS.

  • Need an Undeads NFT or partner NFT to play the game.

  • Visit Undeads website, connect wallet, check dashboard for earned points.

  • Undeads NFT holders get multiplied scores and Loyalty Points.

  • Loyalty Points convert to UDS in February 2024, subject to market conditions.

Data Ownership Protocol

  • Explore the Data Ownership Protocol testnet page.

  • Provide your email and click "Continue."

  • Click "Create wallet" to establish a DOP wallet.

  • Set a password and secure your recovery phrase.

  • Log in using your password and link your Metamask wallet.

  • Connect your Twitter account and follow them.

  • Claim Sepolia ETH, testnet DOP tokens, and testnet tokens.

  • Encrypt, send, and decrypt some tokens.

  • You've now completed all seven steps.

  • Receive a referral link after completion and refer friends for 20% of their rewards.

  • Participants finishing all steps earn DOP rewards upon the token launch in Q1 2024.

  • For additional details on the testnet airdrop, refer to this Medium article.


That's it for today. Thanks for reading. Good luck out there!


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!