This Week in Crypto: Leading Gainers, Declining Assets, and Upcoming Initial Coin Offerings

Dear Readers,

In recent market activity, major cryptocurrencies continued their corrections, with most experiencing slight value declines. Bitcoin (BTC) dropped by 0.91% over the past 24 hours, reaching $68,329. Ethereum (ETH) also saw a decrease, falling by 1.68% to $2,424, while BNB slipped by 0.05% to $557.46. On the other hand, some altcoins gained ground, with XRP up by 0.55%, Dogecoin surging 8.23%, Mog Coin rising 7.78%, and Shiba Inu increasing by 3.01%. Overall, the total global cryptocurrency market capitalization rose by 1.09%, bringing it to $2.28 trillion.

Highlights Of The Week

• U.S.-based Bitcoin ETFs recorded their second-highest day of outflows, with a net outflow of $541.1 million recently, just ahead of a major election; BlackRock's iShares Bitcoin Trust ETF (IBIT) was the only one to receive inflows of $38.4 million.

• A consortium of finance and crypto firms, including Robinhood, Galaxy Digital, Kraken, and Paxos, launched a new U.S. dollar-pegged stablecoin network to drive global stablecoin adoption.

• Medical device company Semler Scientific purchased 1,058 Bitcoin for $71 million, adding another 181 Bitcoin in Q3 and early November, with plans to continue accumulating.

• Bitcoin miners Marathon Digital and Riot Platforms announced record-high Bitcoin production for October since the April halving, producing 717 and 505 Bitcoin, respectively, driven by rising hashrates.

• UK pension provider Cartwright revealed that an "unnamed scheme" allocated 3% of its pension fund to Bitcoin following an extensive training and due diligence process, noting Bitcoin's potential for long-term investment growth.

Top Weekly Gainers

In the dynamic world of cryptocurrency, where frequent fluctuations are the norm, experienced traders excel by spotting the Top Weekly Gainers with promising profit potential. By staying alert and closely watching market trends and price changes, investors can capitalize on these opportunities, potentially refining their investment strategies for better results.

MetaBeat (BEAT) has experienced a surge, currently priced at $0.007709, reflecting a staggering change of 469.73% and a trading volume of $4.33 million. The MetaBeat platform incentivizes community engagement through the FANomance Index, allowing creators and fans to flourish as partners.

Similarly, TROY (TROY) has gained traction, currently trading at $0.00449 with a 107.20% increase and a volume of $224.72 million. TROY serves as a versatile cryptocurrency platform designed for various financial activities, targeting institutional clients and professional traders.

Fartcoin (FARTCOIN), a MEME token on the SOL chain, has also shown significant movement, with a current price of $0.04519, up 66.00% and a trading volume of $20.30 million.

Prosper (PROS) is bridging the gap in Bitcoin mining power on-chain, currently priced at $0.4536 with a 37.03% change and a volume of $16.52 million, aiming to unlock Bitcoin's full potential.

Finally,Peanut the Squirrel (PEANUT)has entered the scene with a current price of $0.058499, up 40.43%, and a volume of $2.94 million, seeking to capture the viral spirit of past meme icons as it embarks on its journey to success.

Top Weekly Losers

The cryptocurrency market is constantly changing, bringing both achievements and challenges. The "Top Weekly Losers" list highlights the impact of shifting regulations, market volatility, and media effects on asset values. Nonetheless, this week offers traders and investors a valuable opportunity to reassess their strategies and work toward more favorable results.

Bridge Oracle (BRG) is currently priced at $0.0001148, down by 68.12% with a trading volume of $2.12M. Built on the BNB Chain, Bridge Oracle is a public oracle designed to support individuals, small businesses, and large enterprises with secure and reliable real-world data for smart contract applications.

Numogram (GNON) is valued at $0.003923, showing a decline of 30.36% with a trading volume of $2.74M. Representing the philosophical concept of "Gnon," it embraces the undecided and elusive facets of reality, embodying all that exists without delay or restraint.

Luna by Virtuals (LUNA) trades at $0.08659, with a drop of 44.40% and a volume of $1.47M. Luna, the virtual lead vocalist of AI-DOL, captures hearts with her girl-next-door charm and emotional performances, resonating deeply with fans through her empathetic spirit and relatable persona.

LimeWire (LMWR), once a pioneering file-sharing platform, now leads as an AI studio for content creation, trading at $0.1017, down 25.09% with a $1.66M volume. LimeWire redefines the creator economy, empowering artists and creators across music, video, and imagery.

Turbo (TURBO), priced at $0.00764 and down by 19.70% with a significant $92.32M volume, marks the world’s first memecoin created by AI. An experimental project launched by its founder with GPT-4’s assistance, Turbo Token seeks to redefine the memecoin space with AI-powered innovation.

Hot ICOs To Watch

Active ICOs

Started on Nov 1, 2024, the ICO of The Legend of Arcadia, multi-chain, free-to-play, and play-to-earn casual strategy card game, is currently live and will run until November 11, 2024. This GameFi 2.0 project, which has raised $4 million in two rounds, combines traditional gaming with Web3 innovations.

Meanwhile, the IDO of Ponder, hosted on Ape Terminal, will close on November 19, 2024. With a fundraising goal of $250,000, Ponder aims to address liquidity fragmentation by integrating EVM and non-EVM blockchains into a universal restaking framework compatible with EigenLayer.

Lastly, Pett.AI, also an Ape Terminal IDO, is driving engagement with AI-powered, token-driven gameplay on the Telegram app, with its sale set to conclude on November 21, 2024, targeting $250,000.

Upcoming ICOs

The CratD2C token sale is set to start on December 17, 2024, and will conclude on December 21, 2024. To date, CratD2C has raised $1.21 million across five rounds. As a pioneering platform in the blockchain ecosystem, CratD2C merges Delegated Proof of Stake (DPoS) with Layer-1 architecture, establishing a new benchmark in security, speed, and scalability.

The Huddle01 token sale begins on November 8, 2024, following a fundraising of $4.5 million from two rounds. Huddle01 is transforming audio and video communication with a three-pronged strategy that includes a video meeting platform, an audio/video infrastructure, and a decentralized real-time communication (dRTC) network, ensuring efficiency, reliability, and security.

Scheduled for Q1 2025, the Nansen token sale is highly anticipated. With $88.2 million raised so far, Nansen continues to lead in blockchain analytics. The platform integrates on-chain data with a vast and growing database of wallet labels, providing unparalleled insights into blockchain activity.

Ended ICOs

The sale for deBridge ended on November 5, 2024, with a total fundraising achievement of $10.5 million across three rounds. deBridge is a cross-chain interoperability and liquidity transfer protocol that facilitates truly decentralized asset transfers between various blockchains, enhancing connectivity and liquidity across the crypto ecosystem.

Sonic Labs concluded its sale on November 1, 2024, raising $10 million in two rounds. This layer-1 platform features a secure gateway to Ethereum and offers the fastest settlement layer for digital assets, boasting over 10,000 transactions per second (TPS) and a one-second confirmation time for transactions, making it a robust solution for high-speed digital asset transfers.

Zyfi wrapped up its sale on October 29, 2024, raising $2 million in two rounds. This innovative Paymaster-as-a-Service focuses on flexibility and ease of integration, designed to accelerate the adoption of paymasters within the zkSync ecosystem. Zyfi aims to streamline processes and enhance user experiences in blockchain transactions.

Hottest Airdrops

Grindery

• Initiate a conversation with the Grindery Telegram bot.

• Agree to the terms and create your wallet.

• Upon signing up, you will receive a bonus of 100 G1 tokens.

• Next, engage with the Grindery Buzz Telegram bot to complete various social tasks.

• Click on the "Earn" section to discover multiple opportunities to obtain free G1 tokens.

• Provide your handle details to set up your X account information.

• By following Grindery on X, you can earn 300 G1 tokens, with additional tokens available for liking and reposting their tweets.

• A total of 280,000,000 tokens is allocated for the airdrop.

• Invite friends to earn 200 G1 tokens for each successful referral.

• Once you accumulate 1,000 G1 tokens, you can begin claiming and converting them into GX tokens.

• For further information regarding the airdrop, please refer to the official rewards page.

Notpixel

• Open Telegram and engage with the Not Pixel Bot by clicking the provided link.

• Locate your designated color within the game interface.

• Choose a pixel on the surface and tap “Paint” to initiate gameplay and start earning PX.

• Each pixel you paint will generate PX points for you. The more you paint, the more points you will accumulate, allowing you to enhance your mining capabilities and earn additional PX for free.

• You can also fulfill various other tasks outlined by the bot.

• According to the team, users will receive Not PX tokens for successfully completing these tasks.

• Join the official Not Pixel Telegram channel for the latest updates and to interact with the community.

  
  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!