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Despite the unpredictable nature of the crypto gainers or market, some coins have increased their price value today, June 14.
Although there’s no exact reason these coins gained, media hype and development in their networks may be the catalysts for this significant boost.
INJ, FTM, BNB, LUNC, ICP, ECOTERRA, Deelance, yPredict, And Wall Street Memes (WSM) are today’s top gainers. These coins defiled the bearish narratives stemming from increased regulatory issues in the market to add value. Check them out in detail
Injective (INJ)
Injective (INJ) is a decentralized cryptocurrency and protocol operating on the Ethereum blockchain. Utilizing the Cosmos SDK technology, it offers a frictionless trading experience with fast transactions and low fees.
The protocol is still young and under development, but it has good potential to revolutionize how people trade. At the time of writing, INJ is up by over 4.45%, trading at a $6.13 price level.
Technical Indicators Suggest More Bullish Trend for INJ Bullish
INJ is in an uptrend today, forming a second consecutive green candle on the daily chart as it shakes off the bearish pressure seen on the 50-day SMA and MACD Line. But, it is trading above its 200-day Simple Moving Average (SMA), a long-term bullish sentiment.
Notably, its Relative Strength Index (RSI) is 41.90 and moving upwards, indicating a positive change from the bearish trend. It will likely continue its positive price form if the bulls sustain their current gains.
Fantom (FTM)
Fantom is a high-performance, secure, scalable open-source network for digital assets. Fantom works with a unique aBFT consensus protocol that allows it to process transactions in seconds.
The fees for processing on Fantom are low, and all conversions are made through the network’s native token, FTM.
$FTM currently trades at $0.2639, boasting a significant growth of 3.81%. Although the total volume in the last 24 hours, 43.45%, is lower than before, the coin can do more.
FTM Finds Support At 61.8 Fib Level
FTM is trading in an uptrend forming a fourth consecutive candle on the daily chart. Its current rally began on June 11 after it found critical support at the 61.8% Fibonacci level ($0.2413).
However, FTM is still under bearish pressure trading below its 50-day and 200-day SMA, a bearish sentiment in the short and long term.
Also, it is in the lower region of the Donchian Channel (DC), which also implies a price reduction for the asset. However, it is in an uptrend and will likely cross into the upper region in the coming days.
Binance Coin (BNB)
BNB can be used for paying trading fees on Binance and can also be utilized when making purchases of other coins from merchants.
Designed as a layer-1 blockchain, Binance Coin is predicted to be more scalable and efficient than Ethereum (ETH). Notably, as an advantage, when trading on Binance with BNB, users receive a 25% discount.
As of June 14, 2023, the price of BNB is $247.47, with a 24-hour trading volume of $688,735,058. The market’s cap is over $38 billion, with a significant upward growth index of 4.31%.
BNB Exiting Bearish Phase
BNB is in the green today after a FUD-inspired collapse in its price from June 5. It has formed its second consecutive green candle confirming that the bulls have returned to rally again. BNB is gaining over 4% on its price today, seeking to shake off the bears.
Also, its Relative Strength Index (RSI) is 30.54, firmly in the oversold region. A closer look at the RSI indicator shows that it is gradually recoiling into its channel. If the bulls persist, it will likely move out of the oversold region soon.
BNB’s MACD shows negative values, a confirmation of the bearish trend. However, the red Histogram bars are fading off, hinting at an uptrend for the asset ahead. BNB will likely recover if it shakes off market FUD and reclaims earlier gains.
Terra Classic (LUNC)
LUNC is a proof-of-stake (PoS) blockchain that uses the Tendermint consensus algorithm. LUNC holders have tremendous benefits, such as being able to stake their coins to earn rewards and participate in governance votes.
Terra Classic (LUNC) market’s price is $0.00009963 at the time of writing, with a growth of 5.79%. Within the last 24hrs, the coin had reached a high of $0.0001015 before declining a little to its current price.
LUNC On The Path To Recovery
LUNC is among the top gainers today, gaining over 7% on its price and confirming its uptrend.
It is currently trading above its 50-day SMA, a short-term bullish trend.
Also, its RSI is 55.08 in the neutral zone between the overbought region of 70 and the oversold region of 30. The RSI is moving upwards, indicating further price increases ahead for the asset.
LUNC’s MACD is above its signal line and showing positive values, a confirmation of the bullish trend.
Also, the MACD’s Histogram bars are green, confirming the trend in the market. LUNC will likely continue its rally to move above its 200-day SMA.
Internet Computer (ICP)
Internet Computer (ICP) is a decentralized computing platform that runs at web speed, with unbounded capacity. It is built on a novel blockchain technology called the Internet Computer Protocol (ICP).
The ICP enables developers to build scalable and secure decentralized applications (dApps) that rival traditional web applications’ performance. ICP tokens can be purchased on cryptocurrency exchange platforms, including Coinbase, Kraken, and Binance.
The current price value of ICP at the time of writing is $3.98. Although the growth is inconsistent, the coin has significantly gained on the market today and reached a high of $4.03 in the last 24hrs.
ICP Facing Price Volatility
ICP is volatile today, forming its third consecutive candle on the daily chart. The higher highs confirm the return of the bulls to force a rally.
However, despite its current gains, the bears are still active in the market. It is trading at the lower region of the Bollinger Band (BB), confirming the bearish trend.
The RSI is 35.61 and close to the oversold region of 30. However, the indicator is rising, showing a possibility of a bullish recovery ahead.
ICP’s MACD is below its signal line showing a bearish trend. However, its Histogram bars are fading off, showing signs of a bullish trend for the asset. It will likely recover in the coming days as the bulls continue to show interest.
Ecoterra (ECOTERRA)
The Ecoterra ($ECOTERRA) is a project advocating for a green future with a sustainable, eco-friendly initiative that could reduce the greenhouse effect. It has a utility token, $ECOTERRA, which launched its presale on March 29, 2023, and will end on June 29, 2023.
These tokens are purchased with cards, USDT, and ETH. Though, when $ECOTERRA reaches a benchmark of $5.7 million in its presale, its presale activity will end.
Notably, it has experienced tremendous success and growth since the presale launched. it began with a selling price of $0.00625 to a price of 0.00925 as of today, June 14, 2023.
To validate its progress, the eco-friendly project raised $2,000,000 when the presale was selling at $0.00625 in a few weeks of its presale.
On June 9, 2023, Ecoterra stated on its Twitter handle that it had raised $4.9 million. Interestingly, the project has attained over $ 5.1 million at press time on June 14. This predicts a bullish trend for the project in the future when listed on crypto gainers or exchanges.
Aside from the potential it holds as a sustainable green crypto gainers project, Binance Feed revealed that team members at Ecoterra have shown commitment by locking their tokens. Security-wise, Ecoterra is verified and has also been audited by CertiK.
Deelance (DLANCE)
Deelance is a revolutionary platform for the freelancing industry, connecting recruiters and freelancers leveraging the power of Web3 technology. The Deelance project is built on 3 main pillars: the Metaverse revolution, innovative recruitment, and the NFT marketplace.
These pillars will serve as substantial tools to streamline and facilitate freelancing processes and also create an all-in-one experience for its users.
Furthermore, Deelance has created a utility token, $DLANCE, for its ecosystem comprising of services purchase, NFT marketplace, office leasing, Metaverse land purchase, Metaverse office purchase, and adverting banners.
According to Yahoo! Finance, the Web3 platform is a success. Just within a few months after its presale started, it raised $1 million. Notably, Yahoo! finance stated that when the presale reaches $1.2 million, $DLANCE’s price will increase from $00.033 to $0.038.
As of today, June 14, 2023, $DLANCE has raised over $1.3 million at the current price of $0.038 at the time of writing. Deelance will list its utility token on exchanges at the price of $0.057, and if the listing price is $0.055, early investors could make around 66% in paper profit.
This could be the reason investors are rushing the presale, coupled with the project’s potential for changing the experience within the freelancing industry, as the presale will stop when $DLANCE reaches the benchmark of $1.7 million.
yPredict (YPRED)
YPredict is a crypto analysis and prediction platform backed by advanced Artificial Intelligence (AI), enabling crypto gainers or traders and enthusiasts to use vital market data and statistics for informed trading decisions.
It offers vital services such as technical analysis, fundamental analysis, and AI signals. These features make the platform to be a development hub.
YPRED is its utility token, and the presales are currently ongoing, with investors backing the token massively. Currently, the presales campaign is at the $2.3 million milestone and still increasing as more investors seize the opportunity.
Notably, its presale is at stage 6; each token is worth $0.09. Presales serve as a channel of reward for early investors. Also, its listing price of $0.12 guarantees rewards for early investors
yPredict’s Artificial Intelligence powered platform is user-friendly and an avenue for making a profit. Also, new traders have an advantage with access to educative materials they can study and make adequate use of.
It operates a decentralized governance enabling its users to vote on decisions in the ecosystem with YPRED tokens. It provides a modern marketplace for traders to get insights into the progress of a coin or token and decide if they wish to invest.
Notably, yPredict encourages crypto gainers learning through its Learn-to-Earn (L2E) strategy. Participants earn YPRED tokens as rewards for learning.
Also, staking is another means of earning on yPredict. It controls inflation in YPRED’s circulating supply, probably boosting its value. The AI wizard recognizes over 25 distinct chart patterns making it vital for traders and investors.
Wall Street Meme (WSM)
Wall Street Meme is a meme project created out of excitement to celebrate how the internet conquered capitalism.
The information on its project website implied that the internet has made most ordinary people acquire riches since many have benefitted from the success of many meme projects, including the useless meme projects.
Due to the high interest of crypto gainers or enthusiast or in the meme projects, Wall Street Meme decided to provide an opportunity for the crypto gainers to benefit by creating its utility token ($WSM). The price of 1 $WSM is worth $0.00289 as of the time of writing and has raised over $6.9 million.
Since the success of the PEPE meme, many investors have put interest in meme coins to make some significant profit as actions of the U.S. SEC have caused the price of notable crypto gainers to plummet.
This could explain why $WSM has been experiencing enormous success since its presale started; no one wants to be left behind.
Wall Street Meme Airdrop
The meme project has taken further moves to increase awareness by adopting an airdrop scheme to promote the project.
Interestingly, Wall Street Meme is set to give 5 lucky winners $50,000 in $WSM. As airdrop is one of the free means of acquiring crypto gainers, many people would like to participate in the airdrop since 1 lucky will receive $10,000 in $WSM.
To be eligible for the airdrop, interested participants will follow the social media accounts of the project on the project’s website, buy $WSM and submit proof that they purchased the $WSM token.
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