Crypto Market Faces Major Crash but These Resilient Coins Are Defying the Trend

Join Our Telegram channel to stay up to date on breaking news coverage

At the beginning of the year, most cryptocurrencies had a positive and rejuvenated outlook as they recovered from the challenges of the previous year. However, their prices are still significantly lower than their all-time highs, as seen during the 2021 bull run. Is a crypto market crash imminent?

What’s Happening to the Cryptocurrency Market?

The crypto market has seen a positive shift in Q1 of 2023 as major digital currencies like Bitcoin and Ethereum led the way, resulting in a green trend and relatively stable price movements. The relaxed macroeconomic situation and cooling inflation have also contributed to this positive shift.

However, the recent developments in the ongoing saga between cryptocurrency exchanges such as Binance, Coinbase, and the U.S. Securities and Exchange Commission (SEC) have once again caused a major disruption in the crypto market, leading to a sharp decline in various cryptocurrencies.

Despite being at the forefront of the market, both Bitcoin (BTC) and Ethereum (ETH) are facing challenges in reclaiming their previous all-time highs.

Bitcoin is currently trading at $30,900, which represents a 56% decrease from its ATH. Similarly, Ethereum is hovering around $1,890, experiencing a decline of 61% from its ATH of $4,878.

These numbers highlight the considerable distance that both cryptocurrencies need to cover in order to reach their peak values again.

Impact of SEC Lawsuit on Binance and the Crypto Market

Furthermore, even though the market is not where most players would prefer it to be, there could be additional setbacks on the horizon until the ongoing dispute between exchanges and the SEC is resolved.

In recent news, the Securities and Exchange Commission (SEC) sued Binance, the entity responsible for BNB, for misusing and commingling customer funds and diverting them at their own discretion. The SEC also alleged that Binance deliberately circumvented U.S. securities laws to maintain a significant number of U.S. investors on its platform.

Following this suit, the price of BNB experienced a decline as investors pulled their funds from the exchange. This is a clear indication of what could happen to overall market sentiment if the SEC prevails in the ongoing legal cases against exchanges. Further, the prevailing uncertainty surrounding the regulatory landscape of cryptocurrencies has resulted in several exchanges opting to halt their operations in the U.S.

Despite the challenges faced by the cryptocurrency market, some coins have managed to defy the overall trend and present potential opportunities for smart investors. Three such coins are Wall Street Memes, yPredict, and Deelance.

Wall Street Memes, yPredict, and Deelance Defy the Falling Market Trend

Here are some resilient coins that you should consider buying as the market faces a major crash.

Wall Street Memes

Wall Street Memes (WSM) has emerged as a relatively new currency in the market, gaining significant attention in just a few weeks.

$WSM has successfully raised an impressive amount of over $9.3 million in its ongoing presale. This substantial funding indicates the growing interest and enthusiasm surrounding WSM, as investors recognize its potential and contribute to its early success.

a winners setup pic.twitter.com/2Q6KTfgGCe

— Wall Street Memes (@wallstmemes) June 20, 2023

Currently priced at $0.0298, Wall Street Memes is gaining significant traction in the market with rapid sales during its presale phase, making it a promising investment opportunity. With only one day left until the conclusion of the current presale stage, investors are urged to join the presale early before it spikes to $0.0301.

Renowned figures in the cryptocurrency industry, such as Elon Musk and influential influencer Zach Humphries, have expressed keen interest in Wall Street Memes’ presale, displaying optimism for the coin’s future. Wall Street Memes emerges as a noteworthy contender in the race to create the next generation of cryptocurrency billionaires.

Backed by a community of over 1 million followers, Wall Street Memes has a solid foundation for growth. The tokenomics of $WSM is particularly robust, addressing a common challenge memecoins face – their short lifespan.

The Wall Street Memes team has allocated 10% of the funds for centralized exchange (CEX) liquidity to ensure smooth token flow and accessibility. Additionally, they have dedicated 10% of the funds to decentralized exchange (DEX) liquidity, enabling the meme-loving community to interact with Wall Street Memes in a decentralized and inclusive manner.

Moreover, 30% of the funds are reserved for an essential rewards program. This campaign aims to acknowledge and honor the fearless meme fighters who have joined the cause. The community rewards program seeks to establish a sense of connection and foster relationships among users.

YPredict (YPRED)

yPredict is a blockchain-based predictive model and data insights platform, that assists developers and market participants in decision-making. Leveraging its artificial intelligence capabilities, the platform automatically detects bullish and bearish charts and patterns in the market and provides traders with insightful alerts. The first use case is live and available for free.

yPredict’s first model is live and It’s available to use for free, for a limited time.

Link: https://t.co/vT15zTcmL1
Blog: https://t.co/m5tVkclzaO pic.twitter.com/SJwT7AAwlB

— yPredict.ai (@yPredict_ai) June 15, 2023

yPredict has raised over $2.5 million in presale funds since launching its presale offer weeks ago. The platform is heading toward the next fund target of $2.9 million and is poised to achieve it soon.

YPRED: Earning, Staking, Profits

The ultra-modern marketplace of yPredict serves as a vital tool for traders to access statistics on a coin’s or token’s progress and assess its potential before making investments.

The yPredict Learn-to-Earn (L2E) platform is a beneficial tool where users can earn tokens by actively participating in educational activities. Users who complete the modules are rewarded with YPRED tokens.

Within its ecosystem, yPredict supports staking as an avenue for earning passive income. Staking not only provides an opportunity for users to earn rewards but also helps limit inflation in the total circulating supply of YPRED tokens, potentially boosting their price.

One notable feature of yPredict is its unparalleled ability to recognize over 25 unique chart patterns. This gives investors an advantage, enabling them to make profitable decisions easily.

As of this writing, the presale offer for YPRED is priced at $0.09. This presents an opportune moment to capitalize on the presale offer before the price surges to $0.1 at the conclusion of stage 6 of the presale.

YPRED’s official listing price will be $0.12 after the presales, thus hugely rewarding initial investors. To take advantage of this opportunity, visit the yPredict presale page.

DeeLance (DLANCE)

Deelance, is a platform incorporating Web3 technology that brings recruiters and freelancers together by providing a smart working environment that encourages seamless staffing experiences remotely. All transactions within the Deelance ecosystem are conducted using the native token $DLANCE.

The Deelance Ecosystem revolves around three central pillars: the Advanced NFT marketplace, the Innovative recruitment and freelancing platform, and the Revolutionary Metaverse. These pillars offer essential services and tools that work together to reshape the recruitment and freelancing processes.

The Deelance project grants ownership of the digital works that recruiters paid for and presents itself as a transparent project. It offers an avenue for creators and professionals to have sources of income in its ecosystem.

The Deelance NFT marketplace allows buyers and sellers to create, trade, showcase, bid, collect, sell, or buy NFTs. The NFTs offered encompass not only artworks but also tickets, virtual worlds, trading cards, photography, and music. Once again, the project’s ecosystem features transparency, escrow, ownership, business simplification, fast payment, staffing, and low fees.

The project has successfully raised over $1.3 million, reflecting the community’s and investors’ strong belief in and support for this transformative initiative that can revolutionize online work and service exchange.

The first round of the presale on the DeeLance platform is currently underway, offering a fraction of the total one billion DLANCE tokens. These tokens comply with the ERC-20 standard and are available for purchase at the most competitive price for investors, employers, and freelancers.

Hey DeeLancers! 👨‍💻

💼🔥 Ready to make a wise investment for your future?

The DeeLance presale is heating up with over $1.38M raised!

Act fast to secure $DLANCE tokens at the current price of $0.038 USDT before it jumps to $0.043 USDT.

Your career trajectory is about to… pic.twitter.com/U5yhzImhe7

— DeeLance (@deelance_com) June 22, 2023

DeeLance Presale Performance So Far

On May 23, 2023, Deelance announced on its Twitter handle that it had raised $1 million in its presale. Within a few weeks, Deelance celebrated another achievement on June 8, 2023, when it surpassed $1.3 million in funds raised, as reported on its social media handle. Continuing the momentum, on June 15, 2023, Deelance sold its tokens for $0.038, accumulating over $1.3 million in funds.

Hey DeeLancers! 👨‍💻

💼 The time is NOW to take charge of your online career!

DeeLance presale is the doorstep for all online workers and professionals to embrace a world of limitless possibilities.

From virtual offices in the Metaverse to NFTs, business collaborations and… pic.twitter.com/4QWPoykDlV

— DeeLance (@deelance_com) June 21, 2023

Today, on June 22, 2023, $DLANCE achieved another milestone by raising $1.38 million, which falls short of its target of $1,700,000.

At the moment, 1 DLANCE is selling for $0.038. However, this sale price will rise to $0.043 in the next stage of the presale. So investors are encouraged to take advantage before the price hike, which will occur in the next 28 hours.

Eventually, Deelance tokens will be listed on popular exchanges at a selling price of $0.057. This will be a significant price increase for investors who jump in this early. Investors can buy the token on a desktop/laptop or mobile phone with USDT, ETH, BNB, or bank Credit/Debit card.