Weekly Crypto Watch: Exposing Standouts, Laggards, ICO Updates, and Airdrops

Dear Readers,

Cryptocurrency prices hovered around the flatline today as investors assessed the market's potential future moves. Recent volatile trading and high selling pressure have dampened market sentiment, dissuading many traders from further participation. Some experts attribute the recent sell-off to short-term volatility following the approval of the Spot Bitcoin ETF.

Conversely, others argue that the market's downturn may be linked to fading optimism surrounding the Spot Bitcoin ETF. Despite initial optimism leading Bitcoin to $49,000, it reversed course and currently hovers near $43,000. Notably, Bitcoin rose 0.62% to $42,966, Ethereum increased 0.54% to $2,541, and BNB added 0.58%, trading at $315.77.

Highlights Of The Week

• Indian crypto exchanges offer hassle-free transfers for users moving crypto assets from banned offshore exchanges like Binance and OKX.

• Binance goes public in Thailand, challenging local dominance of Bitkub in the crypto exchange market.

• OKX's Dubai subsidiary obtains a VASP license from Dubai's VARA for virtual asset exchange services.

• HashKey, a Hong Kong-based crypto exchange, achieves "unicorn" status with a $100 million Series A funding round at a valuation exceeding $1.2 billion.

• TrueUSD (TUSD) linked to Justin Sun falls below $1 peg as holders reportedly cash out hundreds of millions for competitor stablecoin Tether.

• Bitcoin Ordinals and Avalanche blockchain's ASC-20 tokens gain investor interest after a successful launch.

• In Rosario, Argentina, a historic rental agreement allows a tenant to pay monthly rent in Bitcoin, facilitated by recent law amendments by the new presidential administration.

Top Weekly Gainers

In the midst of the tumultuous cryptocurrency landscape, recognized for its intrinsic volatility, perceptive traders demonstrate an ability to identify weekly frontrunners that hold promising prospects for financial advancement. By adopting a proactive mindset and closely tracking market trends and price changes, investors can capitalize on these advantageous moments, potentially revolutionizing their investment strategies to achieve optimal results.

UniBot (UNIBOT) has emerged as the standout performer in this week's cryptocurrency market, boasting a current price of $106.58 and an astounding 80.53% surge. Its trading volume in the last 24 hours remained at $20.50 million. The platform serves as the fastest Telegram Uniswap sniper, offering users lightning-fast swaps and snipers, all while maintaining accessibility with a modest 1% transaction fee.

Xai (XAI) takes center stage with a 67.16% increase, bringing its current price to $1.13. Developed with the aim of revolutionizing the gaming industry, XAI is designed to facilitate real economies and open trade within the next generation of video games. Over the last 24 hours, the trading volume has consistently stayed at $547.36 million.

Ethereum Name Service (ENS) has experienced a notable uptick, surging by 65.40% to reach a current price of $22.52. With a trading volume of $165.04 million, ENS operates as a distributed, open, and extensible naming system based on the Ethereum blockchain.

Sui (SUI) has surged by 55.07%, attaining a current price of $1.31 and a substantial trading volume of $588.99 million. Positioned as a first-of-its-kind Layer 1 blockchain and smart contract platform, Sui is meticulously designed to make digital asset ownership fast, private, secure, and accessible to everyone.

Blur (BLUR) has seen a commendable increase of 43.52%, reaching a current price of $0.6698. BLUR serves as the native governance token for the Blur NFT marketplace and aggregator platform. Offering advanced features such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons, BLUR reflects the ongoing evolution of decentralized finance (DeFi) and non-fungible tokens (NFTs) within the cryptocurrency space.

Top Weekly Losers

Within the perpetual turmoil of the cryptocurrency realm, one encounters a combination of weekly champions and those encountering difficulties, all navigating the impacts of regulatory changes, market fluctuations, and unfavorable media attention. While dealing with losses may be a demanding experience, it serves as a pivotal moment for traders and investors to evaluate their strategies, deconstruct the factors contributing to setbacks, and make deliberate choices to guide their future investments toward success. In the current week's cryptocurrency market, numerous tokens experienced significant declines.

Evmos (EVMOS) experienced a significant decline of -23.96%, with its current price standing at $0.09417 and a trading volume of $1.2 million. Evmos operates as an Inter-Blockchain Communication protocol, serving as the IP layer for different blockchains.

Orca (ORCA) is another major loser, witnessing a decrease of -23.32%, with the current price at $4.39 and a trading volume of $1.93 million. Orca stands out as one of the pioneering general-purpose Automated Market Makers (AMMs) on the Solana blockchain, offering users the ability to swap assets, provide liquidity, and earn yields through a user-friendly interface.

PLAYA3ULL GAMES (3ULL) suffered a 21.01% drop, with a current price of $0.005342 and a trading volume of $993,340. This gaming publisher integrates PC-based games with crypto, utilizing the 3ULL coin across its games and producing the coin through Nodes.

Zignaly (ZIG) saw a decrease of -17.38%, bringing its current price to $0.03673, along with a substantial trading volume of $6.62 million. Zignaly operates a marketplace where over 500,000+ users connect with 150+ veteran Portfolio Managers, pooling funds to share in the resultant profits.

Stacks (STX)experienced a decrease of -16.30%, with its current price at $1.65 and a notable trading volume of $103.97 million. Stacks serves as a Bitcoin Layer for smart contracts, enabling these contracts and decentralized applications to leverage Bitcoin as an asset while settling transactions on the Bitcoin blockchain.

Hot ICOs To Watch Out For

Active ICOs

Manta

The Manta ICO commenced on January 16 and is set to conclude on January 18, having already raised $60,500,000. Manta positions itself as the modular Layer 2 solution for zero-knowledge (ZK) applications.

Sociapol

Sociapol, another ongoing ICO that started on January 13 and concludes on January 18, has raised $240,000 towards its fundraising goal of $710,000. Sociapol distinguishes itself as a cross-platform VR-PC-Mobile space for socializing, gaming, and collaboration.

Focus.xyz

Lastly, Focus.xyz, which initiated its sale on January 11 and also ends on January 18, has amassed $26,800,000 in funds. Focus.xyz presents a novel social network that intertwines crypto speculation, social media, and generative AI, creating a distinctive and innovative platform in the evolving ICO landscape.

Upcoming ICOs

Subsquid

Subsquid, scheduled to start on January 18 and conclude on January 19, has set a fundraising goal of $8,830,000. Subsquid Network stands out as a decentralized data lake and query engine, aiming to provide developers with efficient and permissionless access to data, contributing to the development of a neutral and open internet rooted in Web3 principles.

ZkLink

ZkLink is gearing up for its ICO on January 25, with a one-day sale and a fundraising goal of $23,190,000. ZkLink introduces itself as a multi-chain rollup infrastructure based on zero-knowledge technology, promising advancements in the scalability and privacy of blockchain networks.

Oxya Origin

Lastly, Oxya Origin's ICO is set to start on January 27, with the end date yet to be announced and a fundraising goal of $2,310,000. Oxya Origin envisions building a robust gaming ecosystem that emphasizes engaging gameplay, immersive graphics, and a sustainable, player-owned economy, aspiring to propel Web3 gaming into the mainstream.

Ended ICOs

Mar3 AI

Mar3 AI's ICO, which spanned from January 8 to January 12, reached its fundraising goal of $1,520,000. Mar3 stands out as an AI-powered social decentralized application (dApp) where individuals can forge connections and earn profits within the Web3 ecosystem.

Prism

Prism, another concluded ICO that took place from January 3 to January 11, surpassed its fundraising goal, accumulating $6,480,000. Prism, as the evolution of Rainmaker's gamer-focused platform, has introduced a groundbreaking suite of on-chain gaming tools and experiences, signaling a significant advancement in the gaming industry.

Digiverse

Digiverse, which ran its ICO from January 9 to January 11, also achieved its fundraising goal of $1,400,000. Digiverse is positioned as the digital metaverse, creating the illusion of virtual reality and contributing to the development of immersive digital experiences.

Hottest Airdrops

OKX

• Sign up on OKX.

• Visit TONomania airdrop page.

• Click "Start now."

• Download OKX app, sign up.

• Complete verification.

• Answer TON ecosystem quiz for up to 5 TON.

• Invite friends, earn up to 10 TON and OKX prizes.

• Share a 10,000 TON and 15,000 USDT prize pool with active OKX traders.

• Get up to 50 USDT for each referral.

Grass

• Visit Grass registration page.

• Sign up using invite code.

• Login, click "Connect" to download extension.

• Install and log in with same credentials.

• Earn Grass points while browsing.

• Sell unused bandwidth for passive income and privacy.

• Get 20% from referred friends, 10% from secondary, 5% from tertiary referees.

• Look forward to a future governance token launch.

• Note: Airdrop possibility is speculative, not guaranteed.

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!