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The crypto market continues to shine under the spotlight as investors turn to cryptocurrencies following the interest rate hike from the Fed. While most of the tokens in the market have performed well, there are a few tokens that have displayed quite an extraordinary performance.
In this article, we’ll take a look at such crypto tokens that have made it to the top gainers for the day. Along with this, we will explore some cryptocurrency projects currently in their presale stage that have created a lot of hype recently. We expect these recommendations to make great additions to your portfolio, and here’s everything you need to know to get started.
Biggest Crypto Gainers Today, March 23
1. Render Token (RNDR)
The Render Token spiked by close to 3% on Thursday and has managed to balance out all the losses made in the current month. The 24-hour trading volume for the token is up 128% and the market cap is approaching half a billion. The token was among the top 5 best-performing tokens today.
The Render Network is a blockchain and crypto-based project that allows users to contribute unused GPU power to help with rendering motion graphics and visual effects. In exchange, they earn a Render token (RNDR), the network’s native utility token.
Render simplifies the standard rendering and streaming processes of 3D environments and visual effects by creating a peer-to-peer (P2P) network that people and businesses can tap into for underutilized computational power cheaply and efficiently.
This makes Render an essential building block for next-generation digital products and services in the metaverse. The Render Network Foundation has recently suggested using the Solana blockchain to build its new burn-and-mint equilibrium (BME) model.
The BME model, which was recently approved by the community, will require users to burn a predetermined amount of RNDR, the network’s native token. This will be done in exchange for non-fungible work credits distributed through node operators.
By migrating to Solana, the network aims to enhance the implementation of the BME model by improving transaction times, reducing the cost of transactions and offering more flexibility to developers. A community sentiment poll revealed that over half of users support a move to Solana, with the remaining preferring other blockchains.
Render has been constantly upgrading its network to provide better performance to its users. If you’re interested in the project, now would be a great time to make a purchase.
2. Litecoin (LTC)
Litecoin (LTC) experienced a sudden price surge this week, following the overall market trend. Just in the last seven days, the price of Litecoin (LTC) has risen by 30%, however, it is still 13% lower than the numbers observed last month.
Experts suggest that the recent increase in price may be temporary, and a price correction could happen soon. Despite this, Litecoin (LTC) has shown positive growth in some aspects. The network’s hash rate has increased, attributed to new miners joining the network.
Litecoin’s halving is a way to slow down the mining of LTC, increasing its scarcity. The upcoming halving, which will happen at a block height of 2,520,000 on a specific date and time, will reduce miner rewards to 6.25 LTC.
Currently, only 77,489 blocks remain until the halving. Although that’s the case, LTC has underperformed in the past month, unlike other cryptocurrencies such as Bitcoin and Ethereum.
The market cap to Thermo cap ratio suggests that LTC may have room for improvement and could potentially match its historical trend of strong performance. On the technical side, the Awesome Oscillator is currently bearish, but green bars indicate a potential bullish take. The Exponential Moving Average suggests a longer-term bullish trend, but a short-term respite is unlikely.
3. Love Hate Inu (LHINU)
Memecoins have long been one of the best ways for investors to make quick returns, and Love Hate Inu is here to make a tough competition. Memecoins lack an inherent utility which makes it difficult to assign proper value to these tokens.
Love Hate Inu is a vote-to-earn token that is built on the Ethereum blockchain and the project has garnered a lot of attention in the little time it has been alive. As per the whitepaper of the project, it is designed to provide a transparent and secure place for individuals to give their votes on critical issues.
The platform is completely decentralized and has a diverse decentralized application along with features of the metaverse. Users will be able to vote on the platform in the form of their “love” or “hate” for a topic or sector and earn the project’s utility token LHINU in return.
Love Hate Inu will feature a management dashboard that’ll make sure that all votes are submitted & active. This will ensure an accurate representation of the results and protect the community. One important thing to note, however, is that LHINU holders will have to stake their tokens for at least 30 days to be eligible to cast a vote.
The platform implements a “stake-to-vote” mechanism to prevent manipulation and scam, which reduces the possibility of an inaccurate result. The voting process, too, is completely anonymous so a user won’t have to worry about misuse of it.
You can become a part of the project by participating in the presale live on the website. LHINU tokens are available to purchase for 0.00009 USDT and the price will increase to 0.000095 USDT as the presale progresses to the next stage. Hurry, before it’s too late.
4. Fight Out (FGHT)
Fight Out is a Move-to-Earn platform that aims to build a community where everyone leads an active, healthy lifestyle by blending physical tasks with Play-to-Earn (P2E) gaming. Fight Out has raised over $5.74 million in its presale phase and has introduced a generous 5% referral promo link program for its users to celebrate this milestone.
The platform allows users to compete in the metaverse, learn from professional fighters and athletes, and earn rewards and badges by completing fitness tasks. Users play using “soulbound” NFT avatars with stats and skills based on real-world experience and accomplishments.
The metrics for progress are divided up into cardio, strength, mobility, endurance, and technique, and each offers a unique benefit when playing Fight Out games. Players can test their physical prowess in real life through a fun and safe environment while earning rewards for consistency.
The platform is centered on community engagement, where players can participate in high-stakes leagues and tournaments, complete other thrilling tasks and game modes, and share their accessories, badges, and achievements with the Fight Out community on the platform.
Fight Out rewards users with REPS for their training, accomplishments, and participation in the community. FGHT is the platform’s native token and can be bought in the presale from the website. The token’s value will increase every twelve hours to encourage early token purchases until March 31st when it will be listed for $0.0333.
Investors can participate in the presale from anywhere in the world with an internet connection and a crypto wallet. The presale ends on March 31st, and interested investors can participate by navigating to the Fight Out homepage and purchasing FGHT tokens.
5. C+Charge (CCHG)
The Electric Vehicle industry has picked up a lot of momentum over the decade and there are millions of EVs on the road today, transforming the automobile sector. However, with so much progress, the industry is still yet to address some critical problems that are limiting its adoption.
One such problem is a lack of payment methods for EV charging. C+Charge plans to change this with CCHG tokens, where a user will pay for changing with these tokens at a charging station. This will mitigate the need to carry and keep a track of multiple payment methods at every station.
In addition to this, the platform will also provide users with a network of charging stations which can be particularly helpful during long commutes. Users will also be able to get a diagnosis of their vehicles at these charging stations.
The platform will also reward users with carbon credits every time they change their vehicles with CCGH. These credits can be retired, sold or converted to CCHG tokens. Users can currently participate in the presale by purchasing CCHG tokens and becoming a part of the project. The project has raised over $3.26 million so far and CCHG tokens are available to purchase for 0.0235 USDT.
6. Metropoly (METRO)
Metropoly is an all-new crypto project that is here to change the real estate landscape. The traditional real estate market is too expensive for an average individual to enter, and therefore they lose out on investment opportunities.
With Metropoly, users will be able to purchase properties digitally for as little as $100. These properties will be listed as NFTs and there will be no paperwork required, unlike the traditional business where the paperwork alone takes up to 90 days to process.
The project is currently undergoing a giveaway where participants can win a $1 million apartment in the Burj Khalifa. The apartment listed here is just one example of the type of properties users will find on the platforms. Also, users will also be able to fractionally own a property, where they only pay for a part of it.
The Metropoly presale has raised almost enough for their minimum goal and METRO tokens are available to purchase for $0.0714 at the time of writing. You can purchase these tokens with USDT, ETH or BNB with a minimum purchase amount of $100.
7. RobotEra (TARO)
Robotera’s TARO token, the newest and most popular metaverse crypto project, is currently available on presale. It is being sold at a phenomenal price of 0.020 USDT, and the interest in this token is growing. The RobotEra presale has raised over $1,033,000 in a short period, and the second stage of the presale will begin soon when the price of the coin will increase to 0.025 USDT.
RobotEra is a metaverse that takes users to a virtual reality-destroyed planet called Taro where users are robots and help restore the planet by engaging in social activities, building infrastructure, and organizing events.
RobotEra is a profitable play-to-earn game that allows users to earn through selling NFTs, mining and staking TARO coins and selling advertising space. The presale of the TARO coin is achieving amazing results, and experts predict that the value of the TARO coin will increase up to 30x by the end of 2023. It is best to buy the TARO coin now to take advantage of its good price.
Conclusion
Today, we covered the top gainers for the day along with a bunch of exciting crypto projects that are awaiting launch. If you found them to be interesting, you can consider adding these tokens to your portfolio. However, it’s important to do your own research before you make any investment decisions.
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