This Week in Crypto: Leading Gainers, Losers, ICOs & Airdrops

Dear Readers,

Today, cryptocurrency prices are bouncing back after a sluggish start to the week. Most coins are currently experiencing gains, sparking renewed optimism for a possible rally. Bitcoin has regained the $59,000 level, while Ethereum is holding steady at $2,500. Other major altcoins have also seen notable gains. At the time of writing, Bitcoin has risen by 0.86% to $58,906, recovering from a dip below the key support level of $58,450 yesterday and fueling hopes for further upward movement.

Highlights Of The Week

• A newly surfaced video reveals the harsh treatment of a Binance executive in Nigeria, intensifying calls for his release as his health worsens.

• Reddit user ShadowOfHarbringer has proposed a “Zero-KYC Assurance Mechanism for Fiduciary Money Transfer” (ZKAM-FMT) to combat man-in-the-middle financial scams in P2P crypto markets.

• A wallet linked to the hacker who stole over $235 million from Indian crypto exchange WazirX has moved $6.5 million through the sanctioned mixer Tornado Cash.

•  Vega Protocol has proposed shutting down its blockchain and ending official support for its VEGA token.

•  Ripple Labs’ chief legal officer criticized the SEC's use of the term “crypto asset security,” calling it a baseless and fabricated concept.

•  The Qatar Financial Centre (QFC) has unveiled a new regulatory framework for digital assets.

Top Weekly Gainers

The cryptocurrency market is fast-paced and full of uncertainty, but skilled traders excel at spotting Top Weekly Gainers with high potential for financial success. By staying ahead of the curve and closely observing market trends and price fluctuations, investors can capitalize on these opportunities, possibly transforming their investment tactics for better outcomes.

AVACOIN (AVACN) has experienced a remarkable surge recently, with its price soaring to $0.0003281—a 93.04% increase over the last seven days. The current trading volume stands at $2.92 million. Originally launched as a clicker app, AVACOIN has significantly evolved from its initial concept. What began as a simple interface for clicking has expanded into a more complex and advanced application, showcasing substantial growth and development.

Shido (SHIDO) has also made notable strides, with its price climbing to $0.001093, reflecting a 70.67% increase over the past week. The current volume for Shido is $816,178. Shido operates as a comprehensive DeFi Ecosystem featuring Shido Chain, Shido DeFi Platform, and Shido Wallet. It functions as a Decentralized Layer 1 Blockchain, leveraging the speed, scalability, and interoperability of the Cosmos network to enhance its ecosystem.

Reef (REEF) has jumped to $0.1655, marking a 33.34% rise in the last seven days. With a substantial trading volume of $48.02 million, Reef continues to impress as a high-performance Layer-1 blockchain. Designed for DeFi, NFT, and gaming applications, it is built on the Substrate framework. Reef offers scalable, low-cost transactions and supports Solidity and EVM, making it easier for Ethereum DApps to migrate and integrate with its platform.

Kava Lend (HARD) has also seen significant growth, with its price increasing to $0.1685—up by 33.20% in the past week. The trading volume for Kava Lend is currently $24.12 million. As a decentralized money market built on the Kava Platform, Kava Lend facilitates the lending and borrowing of cross-chain assets, providing users with versatile financial solutions.

Radiant Capital (RDNT) has experienced a 31.95% growth, bringing its price to $0.09241. The trading volume for Radiant Capital has reached $94.44 million. Radiant aims to establish itself as an omnichain money market, allowing users to deposit major assets on any significant chain and borrow various supported assets across multiple chains. This approach seeks to eliminate liquidity silos and streamline financial operations within the crypto space.

Top Weekly Losers

The ever-changing cryptocurrency environment brings weekly narratives of both gains and losses. The Top Weekly Losers serve as a reminder of the complexities in navigating regulatory changes, market instability, and media scrutiny. Nevertheless, this week offers traders and investors a key moment to rethink their approaches and strive for better outcomes.

DOSE (DOSE) has seen a significant decline, with its price falling to $0.0001181—representing a 26.67% drop over the past week. The current trading volume is $1.61 million. DOSE, the native currency of OliveX's ecosystem, is earned through workout-based gameplay within its applications. It is utilized to unlock in-game items and modes, purchase NFTs, and participate in special events within the ecosystem.

FLOKI (FLOKI) has also experienced a downturn, with its price decreasing to $0.0001236, reflecting a 22.09% decline in the last seven days. The current volume for FLOKI is $170.62 million. This meme coin, inspired by Elon Musk’s Shiba Inu and initially created by members of the Shiba Inu (SHIB) community, has seen a wave of investor sell-offs, affecting its market performance.

Frontier (FRONT) has dropped to $0.6901, marking a 20.99% decrease over the past week. Frontier’s trading volume currently stands at $1.82 million. Frontier’s platform enables users to manage staking, DeFi positions, asset swapping, liquidity mining, and collateralized debt positions.

Parcl (PRCL) has also faced a downturn, with its price declining to $0.1321, a 20.46% drop in the last seven days. The current trading volume is $13.50 million. The Parcl Ecosystem, which includes Parcl, Parcl Labs, and Parcl Limited, focuses on the Parcl Protocol—a decentralized exchange providing users with long or short exposure to real estate prices.

Zcash (ZEC) has fallen to $30.00, with a 16.91% decrease over the past week. The trading volume for Zcash is $60.34 million. Zcash is a decentralized cryptocurrency renowned for its privacy and anonymity features, utilizing zk-SNARK zero-knowledge proof technology to verify transactions without disclosing sensitive information.

Hot ICOs To Watch

Active ICOs

Zephyr

The Zephyr ICO launched on August 19 and is set to close on September 15. So far, the project has raised $220,000 across two rounds of fundraising. Zephyr stands out as the world’s first prediction market built on the Solana blockchain, offering innovative solutions for decentralized forecasting and betting.

Story Protocol

Starting its sale on August 1, Story Protocol has raised an impressive $134.3 million over four rounds. This web3 technology is designed to revolutionize storytelling by providing a robust infrastructure for creators to craft expansive narrative universes and imaginative worlds. Story Protocol is built on open-source principles, enhancing accessibility and collaboration within the creative community.

Fuel Network

Fuel Network's ICO began on July 8 and has garnered $81.5 million through four fundraising rounds. Fuel is a cutting-edge operating system specifically designed for Ethereum Rollups. It addresses key challenges such as parallelization, state minimized execution, and interoperability, all while maintaining optimal performance and efficiency.

Upcoming ICOs

MetaCene

MetaCene is gearing up for its Initial Exchange Offering (IEO) on Bybit, which will commence on September 5. The company aims to raise $300,000 through this sale. MetaCene is dedicated to building a user-friendly Web3 environment, emphasizing player-centric entertainment to enhance accessibility and engagement in the blockchain space.

Quantlytica

Quantlytica's Initial DEX Offering (IDO) will be hosted on EnjinStarter, starting on September 3 and concluding on September 4. With a fundraising goal of $300,000, Quantlytica is at the forefront of fintech innovation, focusing on advancing the development and application of cryptocurrencies.

NOTAI

NOTAI will launch its Initial DEX Offering (IDO) on Eesee from September 6 to September 7. The company aims to raise $250,000. NOTAI introduces the first AI-driven SuperApp built on Telegram, designed to serve the vast user base of over 950 million people with advanced features and capabilities.

Ended ICOs

Bull Run Bets

The IDO for Bull Run Bets, which was hosted on Kommunitas, concluded on August 31. The sale raised $200,000. Bull Run Bets provides a diverse array of gaming options designed to cater to players of all experience levels, from casual gamers to seasoned enthusiasts.

Matrix One

Matrix One wrapped up its sale on August 30, securing $250,000 over six rounds of fundraising. The project focuses on creating a sophisticated and scalable infrastructure to support human-like AI characters and a networked economy, paving the way for advanced applications and development in artificial intelligence.

Sharpe AI

Sharpe AI's sale ended on August 25, having raised a notable $1.7 million across five rounds. Sharpe AI delivers a cutting-edge DeFi execution environment tailored for yield earning strategies and on-chain trades. The platform offers high levels of customization, allowing traders to align strategies with their risk tolerance and return expectations.

Hottest Airdrops

Soneium

• Visit Soneium’s Website: Access their official site.

• Explore Soneium Minato Testnet: Check out their new testnet.

• Go to Testnet Bridge: Find and use the Soneium testnet bridge.

• Request Sepolia ETH from Alchemy: Obtain ETH needed for the testnet.

• Connect Your Wallet: Link your wallet and transfer test tokens.

• Test and Provide Feedback: Use testnet applications and share your thoughts.

• Join Soneium’s Discord: Become part of their Discord community.

• Get GM Role: Reach the required level in Discord to get the GM role.

• Level Up: Send 5-6 messages in the waiting room to level up.

• Stay Informed: Monitor for potential future token launches and airdrops.

ISC Money

• Connect your Solana wallet to the Prospera platform.

• Buy at least 1 ISC token via Jupiter.

• Link your social media accounts and subscribe to the email list.

• Use your unique referral link to invite friends.

• Engage with Save Finance, Meteora, and Jupiter by using or swapping ISC tokens through these platforms.

• ISC has confirmed an airdrop of INTL tokens for early users.

• 40% of the INTL token supply will be reserved for community-driven projects and rewards.

• Stay updated by following ISC Money on X.

Best Regards,
Crypto Recorder Team

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