Top crypto Gainers on August 15 – Trust Wallet Token And Toncoin

The recent spot BTC ETF buzz triggered excitement among crypto enthusiasts who expect a boom in crypto following the US SEC’s approval. 

This excitement translated into increased interest in several alternative cryptocurrencies causing massive price rallies across the altcoin ecosystems. 

Moreover, newly launched projects and presale coins also benefited from the heightened investor interest in crypto. Here is a list of top-gaining cryptos, including the best-selling presale tokens today, August 15.

Trust Wallet Token (TWT)

Trust Wallet Token, TWT, posted an impressive bullish move since yesterday, August 14. Maintaining that energy, TWT opened today’s trading session with a 197% gain in its 24-hour trading volume at $19 million. Trust Wallet Token is a utility token for the prominent decentralized (dAPP) crypto wallet (Trust Wallet).

The token is built on the Binance Smart Chain, BEP-20. Its holders gain preference when using decentralized exchange (DEX) services on the app. It also grants users discounts on cryptos bought within Trust Wallet.

Moreover, users who hold TWT can contribute to the development of the crypto wallet as the token grants holders access to participate in the Trust Wallet governance.

Price Action

TWT trades at $0.947 at 09:23 EST, representing a 2% increase in the last 24 hours. Again, its impressive price uptick attracted more buying activity today and is verifiable by an extra 11% added to its price over the past month.

TWT’s Market Outlook

TWT/US Dollar / Daily Chart \ Source: TradingView 

The chart above suggests TWT is at the upper Bollinger band, indicating a bullish trend.

And the token’s Moving Average Convergence/Divergence is above the signal line with a green histogram bar, demonstrating the bullish momentum in TWT’s market.

Furthermore, TWT’s Relative Strength Index is at 60.90, approaching the overbought zone, depicting increased buying pressure. If the bulls sustain the rally, TWT may reach new highs before the day ends.

Toncoin (TON)

According to data from TradingView, Toncoin posted notable gains since August 11 after experiencing a consecutive bearish momentum between August 9 and 10. 

TON is a decentralized third-generation proof-of-stake and layer-1 blockchain that provides fast, secure, and transparent transactions.

The Toncoin creators aimed to establish a full-fledged community with decentralized storage services and provide instant payment and an affordable transaction processing system.

TON’s Price Action

TON traded at $1.48 at 09:26 EST on August 15, marking a price gain of 5% in the last 24 hours.

TON has increased by 19% in the last seven days, with a  24% 14-day price increase. 

TWT/US Dollar / Daily Chart \ Source: TradingView 

TON trades above the 50-Day Simple Moving Average (SMA) and below the 200-Day SMA. This indicates that the ongoing rally may be short-lived. TON’s Moving Average Convergence/Divergence is above the signal line with green histogram bars, confirming today’s bullish trend.

Moreover, the Relative Strength Index (RSI) at 68.77, approaching the overbought zone, signals increased buying strength from the bulls. TON could continue its upturn in the next few hours before a potential price correction when it reaches the overbought area.

yPredict ($YPRED)

yPredict is an advanced platform for trading research and analysis for crypto investors. It leveraged the power of artificial intelligence and machine learning to collect valuable data in the financial market systematically. The yPredict project provides a comprehensive set of predictive instruments to enhance and refine trading strategies.

The recent rise in AI’s popularity has led to significant success for yPredit.ai’s presale, generating substantial funding of more than $ 3.46 million. The coin’s extensive media attention can be attributed to its capacity to address practical challenges bolstered by the rapid expansion of AI technology.

The project permits AI creators to market subscriptions for their AI-driven predictive models, offering trading signals. These models can analyze significantly larger volumes of data compared to manual efforts. This gives traders a competitive advantage, enabling them to rival institutional-grade algorithms.

The foundational element of yPredict’s innovative AI-driven trading platform is its $YPRED token. This token operates on the Polygon blockchain, offering advantages such as reduced gas fees and rapid transaction processing.

Moreover, 80% of the token supply will be available for the presale phase, providing ample opportunity for investors to join early for potential rewards. YProdect’s successful presale shows more achievements after its public release. Investors can acquire $YPRED tokens on the official project site for $0.1 with an anticipated exchange listing price of $0.12 after the presale.

Wall Street Memes ($WSM)

Wall Street Memes were created to celebrate the internet’s triumph over capitalism. It aims to promote financial inclusion in the crypto ecosystem by allowing small investors to gain massive profits through meme coins.

The project developers intend to take advantage of the buzz ignited by the recent remarkable success of meme coins. Wall Street Memes has shown potential for price explosion when listed on crypto exchanges following its enormous success in the presale.

It has attained many milestones due to investors’ interest in the token. Currently, $WSM has reached another milestone of $24 million.

This achievement sparked speculations in the community about its ability to break the Pepe Coin’s explosive price surge. Interestingly, $WSM is backed by the creators of the popular Wall St Bulls NTF collection that sold out 10 thousand units within a day, realizing over $1.8 million.

Moreover, the community support for the project is growing appreciably; the creators claimed that the world’s richest man, Elon Musk, interacted with its community. The over 1 million social media engagements demonstrate massive interest in the project. 

$WSM Presale Activity 

Today, $WSM has hit over $24 million fundraising at a selling price of $0.0334, quite close to the presale stage benchmark of more than $25.9 million.

The project has 30 presale stages; at the end of this stage, the selling price will rise to $0.0337. Interested investors can go to the presale website to purchase the $WSM tokens.

Conclusion

The virtual assets featured in this article have performed so well recently. This is evident in the uptick in their market movements, gain in 24-hour trading volume, and striking presale achievements. However, investors should apply caution as cryptos are subject to high volatility that could lead to massive losses.