Profitable Picks: Top Cryptos Making Waves This Week

Dear Readers,

Tuesday's trading session saw Bitcoin's value plummet by 5.7%, settling at 63,829.76, as investors engaged in profit-taking activities and awaited the Federal Reserve's upcoming policy announcement and commentary on Wednesday. Additionally, Ethereum, the second-largest cryptocurrency, experienced a substantial decline of over 7.76%, reaching $3,304.24. Within the past 24 hours, the global cryptocurrency market cap dwindled by 6.36%, reaching an approximate value of $2.42 trillion.

Highlights Of The Week

• Grayscale's spot Bitcoin ETF experiences $640 million outflows on March 18, the largest since its conversion.

• Mehen Finance plans a public rollout of Cardano's newest stablecoin, USDM, targeting next month for retail availability.

• SEC seeks an additional $158 million from Congress to address growth and changes in markets, including crypto.

• Fidelity aims to stake Ether held by its proposed spot Ether ETF to offer extra income to investors.

• OKX reportedly halts support for Tether trading pairs in the European economic area.

• US spot Bitcoin investment products record a weekly inflow of $2.9 billion.

• Zhao announces an education-focused project in the cryptocurrency or blockchain space, promising no new tokens.

• BitKeep Wallet rebrands to Bitget Wallet, and plans to launch its native token after a $30 million investment from Bitget Exchange last year.

Top Weekly Gainers

Amid the turmoil of the cryptocurrency landscape, acknowledged for its inherent instability, savvy traders showcase an aptitude for identifying Weekly Gainers loaded with promising opportunities for financial growth. Through the adoption of a proactive mindset and meticulous tracking of market trends and price fluctuations, investors can capture these advantageous moments, potentially transforming their investment approaches for optimal outcomes.

iMe Lab (LIME) skyrocketed over 843% in the past week to its current price of $0.1155. This Telegram-based ecosystem offers a user-friendly experience for crypto transactions with its built-in messenger, crypto wallet, and DeFi tools. Users can send crypto in just a few clicks, making the process fast, secure, and hassle-free. Trading activity around LIME has also been brisk, with a current volume of $10.70 million.

Fabwelt (WELT) isn't far behind, surging an impressive 184.58% over a week. Currently priced at $0.0244, Fabwelt is a groundbreaking concept that integrates blockchain technology into the heart of high-quality games across all genres. Fabwelt is also experiencing increased trading activity, with a current volume of $2.50 million.

MANTRA (OM) witnessed significant growth of 140%, reaching $0.7587. This price increase follows MANTRA's announcement of applying for key financial licenses in Hong Kong and the UAE, a move that could potentially popularize Real World Asset (RWA) tokenization. The current trading volume for MANTRA (OM) sits at a substantial $323.42 million.

TOWER (TOWER) climbed 149.06% for the week, reaching a current price of $0.0085. The Tower Experiment is an initiative that merges traditional free-to-play gaming with blockchain technology. Their goal is to enable players to earn through playing and to drive mainstream adoption of blockchain technology. TOWER's current volume is $1.44 million.

Rounding out the top weekly gainers is Hot Cross (HOTCROSS), which increased by 124.27% to its current price of $0.0176. Hot Cross is a comprehensive multi-chain and cross-chain tool suite designed to empower blockchain teams and their communities. They aim to be the go-to toolbox for projects built on Ethereum (ETH) and EVM networks. Hot Cross is currently trading at a volume of $1.73 million.

Top Weekly Losers

In the ever-changing crypto landscape, weekly stories unfold, showcasing triumphs and struggles. Amid regulatory changes and market shifts, individuals in the space face a pivotal moment to analyze setbacks, offering a critical chance for traders and investors to refine their strategies. This week, several cryptocurrency tokens experienced significant downturns.

Starlink (STARL), a token aiming to bring a virtual metaverse to space, plummeted a staggering 48.32%. Despite boasting a universe filled with exploration, trading, and social interaction, its price currently sits at a meager $0.000003131 with a trading volume of $4.93 million.

The pain wasn't limited to interstellar adventures. UniBot (UNIBOT), a tool designed for speedy cryptocurrency trades on Telegram's Uniswap platform, also took a beating. Its price dropped a hefty 46.84%, bringing it down to $23.62. While UniBot promises lightning-fast transactions with a user-friendly interface and a low 1% fee, its weekly performance might leave some users questioning its effectiveness. The current trading volume of $6.10 million suggests some are still giving it a shot, but buyer beware.

The bad news continued with RACA (RACA), a web 3.0 infrastructure solution provider backed by industry heavyweights like OKX Blockdream Ventures and Consensys Mesh. RACA wasn't spared from the market correction, dropping a significant 45.42% over the week. Its current price sits at $0.0003068, with a trading volume of $27.77 million.

The fitness-focused DOSE (DOSE) wasn't immune either, experiencing a 43.27% decline in the past 7 days. DOSE serves as the native currency within the OliveX fitness app ecosystem, earned through workout-based gameplay. Despite the price drop, DOSE offers a unique way to gamify fitness and potentially incentivize users to stay active. Currently, DOSE is priced at $0.007173, with a trading volume of $6.01 million.

Rounding out the list of weekly losers is Only1 (LIKE), the first NFT-powered social media platform built on the Solana blockchain. LIKE plummeted 38.39% in 1-week timeframe, bringing its current price down to $0.07632. Only1 offers a unique solution for social media users seeking a closer connection with content creators on the platform, leveraging the power of NFTs. The current trading volume for Only1 sits at $2.22 million.

Hot ICOs To Watch Out For

Active ICOs

SatoshiDEX, a decentralized exchange (DEX) built on the Stacks blockchain, has been actively conducting its Initial Coin Offering (ICO) since February 29, with plans to conclude on March 31. So far, SatoshiDEX has raised $1,500,000 out of its $2,200,000 fundraising goal. Utilizing the innovative Stacks blockchain, which operates as a layer-2 protocol connected to Bitcoin via Proof-of-Transfer (PoX) consensus, SatoshiDEX aims to offer efficient and secure trading solutions within the decentralized finance (DeFi) space.

OrangeDX, another prominent ICO currently underway, embarked on its fundraising journey on March 18, with the sale slated to end on March 23. OrangeDX has already amassed $1,650,000 in funds, inching closer to its fundraising target of $2,240,000. Positioned as a pioneering first-generation Bitcoin DeFi hub, OrangeDX sets itself apart by providing a multifaceted platform for users to engage in various activities such as trading, swapping, securing, and launching BRC20 and bridged EVM tokens.

Letit, a platform offering the Letit Tracker application for improving trading outcomes on financial markets, initiated its ICO on February 01, with plans to continue until April 20. Despite its longer fundraising duration, Letit has made significant progress, raising $1,030,000 towards its goal of $1,430,000. Letit Tracker serves as an invaluable tool for traders of all proficiency levels, providing features for trade transaction accounting and analysis to facilitate informed investment decisions.

Upcoming ICOs

ANote Music is gearing up to launch its highly anticipated Initial Coin Offering (ICO) on March 21, slated to run until March 25, with a fundraising goal of $700,000. This innovative platform aims to revolutionize the music industry by providing new opportunities for long-term growth and unlocking liquidity for music stakeholders, including artists, producers, and record labels. By leveraging blockchain technology, ANote Music empowers these stakeholders to continue producing exceptional music while also creating investment opportunities for music enthusiasts and investors.

Sugar Kingdom, with its ICO set to commence in March (exact dates to be announced), aims to raise $2,160,000. Unlike traditional gaming platforms, Sugar Kingdom stands out as the only gaming platform where projects from diverse blockchains can directly utilize their tokens through gameplay. This unique approach not only enhances the gaming experience but also brings tangible utility to blockchain-based projects, fostering innovation and engagement within the gaming community.

GMatrixs, another ICO scheduled to launch in March (exact dates pending), has set a fundraising goal of $6,500,000. Positioned as the first technology-focused Web3.0 integrated service eco-platform in the GameFi space, GMatrixs aims to redefine gaming experiences by integrating cutting-edge technology. By leveraging Web3.0 principles, GMatrixs seeks to create an ecosystem that enhances user engagement, fosters innovation, and unlocks new opportunities within the rapidly evolving GameFi sector.

Ended ICOs

Oxya Origin recently wrapped up its Initial Coin Offering (ICO) after running from March 04 to March 17, raising $2,310,000, matching its fundraising goal. The project aims to establish a robust gaming ecosystem with a focus on engaging gameplay, immersive graphics, and a sustainable, player-owned economy.

Apeiron's ICO, which took place from March 12 to March 15, raised $18,900,000, meeting its fundraising target. Positioned as a play-to-earn Non-Fungible Token (NFT) game, Apeiron capitalizes on the rising trend of merging gaming and blockchain, providing players with innovative and rewarding experiences.

YOUR Protocol recently wrapped up its ICO, running from February 29 to March 14, achieving its fundraising goal of $1,120,000. YOUR Protocol distinguishes itself as an AI-driven content layer for Web3 e-commerce, harnessing the capabilities of Bitcoin and Ethereum to revolutionize content delivery and enhance user experiences within the decentralized e-commerce realm.

Hottest Airdrops

Bluefin

• Visit Panther Protocol docs for testnet dApp link.

• Connect your wallet.

• Change network to Polygon Mumbai testnet.

• Click "Complete onboarding" and do dummy KYC.

• Get testnet MATIC from the provided source.

• Activate your Panther account.

• Deposit tokens in zAssets tab.

• Withdraw tokens.

• Send tokens to other Panther zAddresses.

• Earn tZKP tokens for interactions.

• Redeem tZKP for ZKP at 1:1 ratio.

• 2,000,000 ZKP allocated for testnet airdrop.

• Refer to test dApp page for more info and video guide.

Mode

• Visit the Mode airdrop page.

• Enter invite code “wLoa0T“.

• Connect Twitter account.

• Connect wallet.

• Earn points for past DeFi and NFT activity.

• Bridge ETH, USDT, USDC, or WBTC from Ethereum to Mode.

• Increase points by bridging more assets.

• Get 1.2x points multiplier if bridging within 7 days.

• Refer friends to earn 16% of their points.

• Use ecosystem apps for 2x points.

• Points convert to MODE tokens at launch.

• For more info, check the 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!