Weekly Crypto Insights: Key Gainers, Market Lows, and Exciting ICO Launches

Dear Readers,

Bitcoin experienced a market correction on Tuesday, trading at $94,429.98 after nearing the six-figure milestone last Friday, driven by robust institutional demand. Broader cryptocurrency prices also declined as uncertainty clouded the market's outlook. Ethereum (ETH) edged up to $3,427, while SOL, XRP, and USDT saw slight declines. Meanwhile, Arbitrum (ARB) led gains with a 6.17% increase over the past 24 hours, followed by Lido DAO (LDO) with a 6.06% rise. The global cryptocurrency market capitalization stands at $3.26 trillion, reflecting a 2.83% decrease in the last day.

Highlights Of The Week

• Jiva Technologies to invest up to $1 million in Bitcoin, citing it as a resilient and innovative treasury strategy approved by its board.

• Ethereum layer-2 network Base achieves a record 106.26 TPS and surpasses $10 billion in total value locked (TVL), solidifying its position as the fastest Ethereum layer-2 solution.

• U.S. Customs and Border Protection is delaying the delivery of Bitmain Antminer ASICs, leaving some U.S. miners waiting for their Chinese mining equipment for over two months.

• Ethereum overtakes Tron as the leading blockchain for Tether (USDT), driven by a 10% weekly increase in the stablecoin’s supply on Ethereum.

• YouTube competitor Rumble announces plans to add Bitcoin to its balance sheet following hints from its CEO on social media.

Top Weekly Gainers

In the rapidly evolving world of cryptocurrency, where price volatility is the norm, skilled traders distinguish themselves by identifying the week’s top-performing assets with the greatest profit potential. By staying attuned to market trends and price shifts, investors can seize these chances and fine-tune their strategies to enhance their returns.

The cryptocurrency market continues to showcase exciting developments and significant price movements among diverse tokens.

Nutcoin (NUT), a memecoin deployed on the Ethereum blockchain, has seen a surge with a 4943.73% increase, reaching a current price of $0.069273. Designed for entertainment and fostering community engagement through NUTS meme creation, NUT's current trading volume stands at $4.37M.

TARS AI (TAI), a conversational AI platform, has experienced a 103.52% increase, with its price now at $0.3008. TAI facilitates businesses in automating customer interactions and enhancing productivity, supported by a robust trading volume of $39.09M.

Stellar (XLM), a peer-to-peer decentralized network created by The Stellar Development Foundation in 2014, has witnessed a price climb of 97.83%, reaching $0.4536. Stellar's trading volume has soared to $3.84B, underscoring its market prominence.

Cortex (CTXC), a blockchain platform enabling the execution of AI models over a decentralized network, reported a 90.85% growth, with its price now at $0.5072 and a trading volume of $35.90M.

Golem (GLM), known for its unique utility in buying and selling computational power, has risen by 57.29%, achieving a price of $0.5833 and a trading volume of $738.28M. Golem caters to advanced computational tasks such as AI, cryptocurrency mining, and CGI rendering.

Top Weekly Losers

The cryptocurrency market is in a constant state of flux, marked by a shifting balance of gains and losses. The "Top Weekly Losers" list illustrates how factors such as regulatory shifts, market volatility, and media narratives can profoundly influence asset prices. Although this week’s performance shows a downturn, it provides traders and investors with an opportunity to refine their strategies and pursue more favorable results in the future.

The LUCE currently priced at $0.1256 with a significant drop of -49.44%, has garnered attention in the Solana ecosystem, boasting a trading volume of $57.40 million. This meme coin is inspired by "Luce," the mascot for the Holy Year, created by Tokidoki co-founder Simone Legno.

Meanwhile, the Ai16z (AI16Z) priced at $0.2253, has seen a notable decline of -32.44%, with a trading volume of $23.12 million. As part of a decentralized autonomous organization (DAO), it is governed by the artificial intelligence agent, Eliza.

Similarly, Metaplex (MPLX), priced at $0.2833 and down by -31.83%, has a trading volume of $11.79 million. Known as the first Solana NFT standard, Metaplex provides essential tools for creating NFT marketplaces, minting collections, and managing token metadata.

Another meme coin, Goatseus Maximus (GOAT), is currently valued at $0.7478, reflecting a -25.50% decrease, with a trading volume of $336.02 million. It made waves in the crypto world by quickly reaching a market capitalization of over one billion, becoming the first Pump.fun coin to achieve this milestone.

Lastly, DeepBook Protocol (DEEP), priced at $0.05159 and experiencing a -19.87% change, has a trading volume of $7.63 million. Built to support the Sui ecosystem, DeepBook offers unmatched liquidity, powering on-chain applications and facilitating seamless operations for market makers and liquidity pools within the blockchain space.

Hot ICOs To Watch

Active ICOs

Plena (PLENA)

Hosted on ChainGPT, the Plena IDO began on November 25, 2024, and will conclude on November 26, 2024. With a fundraising goal of $300,000, Plena offers a revolutionary crypto super app that merges the robust security of self-custodial wallets with the convenience of centralized applications.

ZimaBank (ZIMA)

This IDO also kicked off on November 25, 2024, and will end on November 26, 2024. ZimaBank aims to raise $100,000 to establish a banking solution designed for international businesses, combining traditional financial services with cryptocurrency integration.

Fortified X (FXAS)

Running from November 25 to November 27, 2024, Fortified X has set a target of $350,000. This exchange platform seeks to bridge the gap between centralized and decentralized finance (CeFi and DeFi), addressing key challenges in today's trading platforms.

Upcoming ICOs

Ink Finance (QUILL)

Ink Finance is set to launch its IDO on OpenPad, with the sale scheduled to start on November 27, 2024, and end on November 28, 2024. The fundraising goal for this event is $100K. Ink Finance provides a comprehensive and seamless solution for organized financial activities, offering both scalability and customizability.

War Three Kingdom (W3KT)

The IDO for War Three Kingdom, a Web3 RPG inspired by the historical Three Kingdoms period, will take place from December 7, 2024, to December 8, 2024. With a fundraising goal of $150K, the project brings a unique gaming experience to both Telegram and mobile platforms.

Nansen

Scheduled for Q1 2025, Nansen’s IDO has already raised an impressive $88.2 million across four rounds. This analytics platform for blockchain combines on-chain data with an extensive and continually expanding database of wallet labels, providing valuable insights for blockchain users.

Ended ICOs

Kima (KIMA)

The ICO for Kima Network ended on November 25, 2024, successfully raising $6 million over 7 rounds. Kima Network operates as a cross-ecosystem money transfer protocol, facilitating seamless and secure interoperability between traditional finance (TradFi) and decentralized finance (DeFi) without the need for smart contracts.

RWA Inc (RWA)

RWA's ICO also concluded on November 25, 2024, with a total of $1.18 million raised across 4 rounds. RWA is a platform dedicated to the Real-World Asset (RWA) ecosystem, leveraging the latest Web3 technology to fractionalize assets and run them on the blockchain.

MeAI (MEAI):

The ICO for MeAI wrapped up on November 24, 2024, with $750,000 raised in 6 rounds. MeAI is an AI-powered Web3 lifestyle app designed to integrate GameFi and SocialFi, offering a unique blend of fun while enhancing users' health and wealth.

Hottest Airdrops

Runwago

• Visit Runwago’s Zealy page and link your wallet or email address.

• Connect your Twitter account to Zealy.

• Link your Discord account if required.

• Ensure all accounts are active and in good standing.

• Go to the “Quests” section to find available tasks.

• Complete tasks such as following Runwago on social media.

• Earn XP points by finishing each quest.

• Track your XP accumulation on the Zealy dashboard.

• Review completed quests in your profile.

• Watch for new quests and stay active to remain eligible for rewards.

GriffinAI

• Visit the GriffinAI airdrop page to register your account

• Receive a 2,000 XP bonus

• Automatically qualify for Rank 2 (Hermes’ Messenger)

• Become eligible for the first signature NFT

• Connect your social accounts

• Link your Discord account (500 XP)

• Connect your X account (500 XP)

• Complete daily engagement tasks

• Like top 3 news items in the Newsfeed (100 XP)

• Perform daily check-in (60 XP)

• Train an AI agent of your choice (200 XP)

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!