Weekly Crypto Recap: Triumphs, Losses, Hottest ICOs, and Airdrops

Dear Readers,

Today's cryptocurrency market exhibits a range of movements, with Bitcoin and Ether experiencing slight losses in the final week of November. Bitcoin is currently trading at $37,000, reflecting a 1.15 percent decrease on Tuesday, November 28. Despite this, November has proven to be a profitable month for the crypto sector, as Bitcoin's value has grown from its starting point to the current range of around $38,000. Ether, the second-largest cryptocurrency, witnessed a 2.02 percent price drop on Tuesday and is currently valued at $2,011.

Highlights Of The Week

• ARK Invest, a Bitcoin ETF applicant, is cashing in on Coinbase shares amid a surge in stock prices.

• Coinbase shares reach an 18-month high following guilty pleas by Binance and its ex-CEO CZ for money laundering and sanctions violations in the U.S.

• SEC investigates potential backdoor control of customer assets by Binance.US, similar to FTX, says a Nov. 27 report by The Wall Street Journal.

• Binance's CZ, having pleaded guilty, may face travel restrictions awaiting sentencing by the U.S. Department of Justice.

• Binance's former global head, Richard Teng, aims to drive growth as CEO following CZ's departure.

• Standard Chartered to participate in trials of China's digital yuan (e-CNY), becoming one of the first foreign banks to do so.

• HKVAEX denies applying for a virtual asset trading license with Hong Kong's Securities and Futures Commission (SFC).

• OKX expands services in the Brazilian market, introducing a local crypto exchange and Web3 wallet platform.

Top Weekly Gainers

Amidst the ever-fluctuating realm of cryptocurrency, recognized for its inherent instability, savvy traders demonstrate the skill to recognize weekly frontrunners that hold promising potential for financial advancement. By adopting a proactive approach and closely monitoring market trends and price shifts, investors can leverage these favorable occurrences, potentially revamping their investment strategies to achieve optimal results.

BlockWallet (BLANK) emerged as a standout performer in the weekly market, displaying a notable surge. Starting at a modest $0.03399, its current price stands at $0.08566, marking an ascent of 152.02%. The trading volume for BlockWallet also witnessed a substantial increase, catapulting from $78,755 to $1.29 million. BlockWallet functions as a secure, non-custodial web wallet for enhanced privacy.

Cortex (CTXC) made its mark with a robust performance over the week. Commencing at $0.1864, it surged to a current price of $0.4381, showcasing a significant change of 135.03%. The trading volume for Cortex saw a boost, escalating from $11.47 million to $141.54 million. Cortex is a decentralized, open-source blockchain platform for uploading and executing AI models on a peer-to-peer network.

SuperVerse (SUPER) also exhibited a notable upward trajectory, with its initial price of $0.16 soaring to a current value of $0.38, reflecting a substantial change of 137.5%. The trading volume for SuperVerse also experienced a significant uptick, rising from $34.83 million to $73.90 million. Binance has added perpetual futures contracts for SUPER, allowing users to trade with up to 50x leverage, boosting the token's attractiveness.

GAMEE (GMEE) demonstrated a noteworthy surge in its price dynamics, moving from a low of $0.02543 to a current price of $0.05873, showcasing a substantial change of 130.95%. The trading volume for GAMEE also saw a considerable increase, jumping from $1.01 million to $3.46 million. GAMEE is Global play-and-own mobile gaming leader on Telegram, 40M+ users, 7B+ gameplays.

Myria (MYRIA) showcased commendable growth, with its initial price of $0.004627 increasing to a current value of $0.00882, resulting in a change of 90.62%. The trading volume for Myria more than doubled from $3.10 million to $6.50 million. Myria is tailored for Ethereum Layer 2, emphasizing scalability improvements for NFTs and blockchain gaming.

Top Weekly Losers

Within the ever-unpredictable landscape of the cryptocurrency market, one encounters a mix of weekly victors and those enduring challenges, all navigating the effects of regulatory shifts, market volatility, and negative media scrutiny. Although facing losses can be a demanding experience, they offer an essential opportunity for traders and investors to assess their methods, deconstruct the elements behind setbacks, and make deliberate choices to steer their upcoming investments towards prosperity.

The Root Network (ROOT) emerged as a prominent loser, experiencing a substantial 83.66% downturn. Trading volume for ROOT stands at $1.2 million. The Root Network is a fresh Layer 1, acting as the central hub for the open metaverse, enabling easy connections between everything.

PERL.eco (PERL) joins the ranks of significant decliners, navigating a 55.9% decline as its price reaches $0.008044 following the announcement of its delisting from Binance. PERL is currently trading at a volume of $11.60 million.

Waltonchain (WTC) faced a notable downturn, with its price diminishing to $0.07629, equating to a -53.51% change. WTC's trading volume is substantial at $20.79 million. Waltonchain is constructing an ecosystem that seamlessly integrates blockchain, RFID technology, and the Internet of Things (IoT).

Vault Tech (VAULT) also graced the list of top weekly losers, registering a 41.28% fall as its price declined to $0.08256. The trading volume for VAULT is currently at $1.4 million. Vault.tech, a Telegram escrow bot with AI oracles, offers OTC, listing, software development, and more services.

Tipcoin (TIP) concludes the roster of weekly losers, undergoing a 33% decrease to move at $0.0003993. The trading volume for TIP is $2.21 million. Tipcoin revolutionizes social interaction, blending innovative tech to redefine how we connect and express appreciation in social spaces.

Hot ICOs to Watch Out For

Active ICOs

In the dynamic landscape of active Initial Coin Offerings (ICOs), several projects are currently seeking support to realize their innovative visions.

Rapidchain

Rapidchain, whose sale commenced on November 27 and concludes on November 29, aspires to raise $280,000. It distinguishes itself as a high-performance blockchain network, originating from Ethereum and emphasizing an accelerated transaction speed.

Manilla Finance

Manilla Finance, in the midst of its fundraising period spanning from September 01 to November 30 with a goal of $4,300,000, stands as a Web 3.0 CeDeFi solution. This forward-looking project seeks to revolutionize the payment of utility bills through digital currencies.

Rebase

Rebase, engaged in a sale that began on November 16 and extends until December 04, has already garnered $8,050,000 towards its $8,650,000 fundraising objective. Rebase introduces an AR Adventure & Web3 lifestyle application, inviting users to explore, collect, and redeem exclusive digital rewards, seamlessly blending the virtual and physical realms for an enriching user experience.

Upcoming ICOs

Anticipation builds in the cryptocurrency space with upcoming Initial Coin Offerings (ICOs) set to unveil innovative projects and opportunities.

Bitago

Bitago, initiating its sale on November 28 and concluding on November 30 with a fundraising goal of $2,300,000, introduces a blockchain-based loyalty program. This program seeks to revolutionize customer rewards by offering cryptocurrencies in return for their purchases.

GT-Protocol

GT-Protocol, scheduled for a December launch without specified dates, aims to secure $5,600,000 in funding. Positioned as a multichain protocol, GT-Protocol focuses on managing DeFi investment pools and facilitating decentralized copy trading on decentralized exchange (DEX) platforms.

Solak GPT

Solak GPT, also commencing its sale in December without exact dates and targeting a fundraising goal of $100,000, presents a decentralized ecosystem. Noteworthy for its lightning-speed web 3 Browser/Extension, Solak GPT integrates a comprehensive DeFi ecosystem, offering users a seamless and efficient decentralized experience.

Ended ICOs

The recent conclusion of several Initial Coin Offerings (ICOs) marks the culmination of diverse and promising projects within the cryptocurrency space.

Friend3

Friend3, which initiated its sale on November 10 and concluded on November 25, achieved its fundraising goal of $990,000. Positioned as a social decentralized application (dApp), Friend3 offers a platform where individuals can forge connections and financial opportunities within the Web3 world.

Finceptor

Finceptor, whose sale spanned from November 20 to November 23, raised $1,460,000. Functioning as a multi-chain liquidity and community growth platform, Finceptor facilitates the development of both unlaunched and publicly-traded tokens through innovative mechanisms such as liquidity vaults and DeFi bonds.

Cradles

Cradles, whose sale took place from November 17 to November 22, surpassed its fundraising goal, amassing $6,350,000. Positioned as the inaugural time-lapsing metaverse game, Cradles immerses users in a dynamic virtual world that mirrors the laws of time and physics, offering a unique and evolving gaming experience.

Hottest Airdrops

Script Network

• Go to Script Network website.

• Click "Sign in/Sign up."

• Connect wallet, sign up.

• Use referral code "CcjSLXNcXV."

• Verify your email.

• Watch 60 mins of TV, then claim rewards on your dashboard.

• Get more points with referrals.

• Follow Medium article for testnet tasks.

• Run a node per Whitepaper instructions.

• Complete Zealy quests.

• Collect BearX Labs NFT.

• Earn points for tasks.

• Points convert to SPAY tokens at launch.

EtherMail

• Visit Ethermail website.

• Click "Sign up for free."

• Connect Metamask, sign a transaction.

• Enter a secondary email.

• Click "Go to inbox," activate Thor Protocol via "Retrieve Encryption Keys."

• Receive 250 EMC.

• Invite friends using "EMC" for 250 EMC per referral.

• Rewards in EMC initially, converted to $EMT tokens post-launch.

• Check the Medium article for airdrop details.

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!