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Cryptocurrencies are volatile, yet many are performing tremendously in the crypto market. While several factors like macroeconomic activities, investors’ sentiment, and the ongoing regulatory activities (SEC on Binance and Coinbase) are plummeting the price of many cryptos, some are gaining new prices in the long run.
This article lists the top gainers in the crypto market today, including the projects in presale with promising price outlooks. SHIB, KAVA, XRP, DOT, Ecoterra, Deelance, AiDoge, And Launchpad XYZ are the top crypto gainers for today, June 19, 2023!
Shiba Inu (SHIB)
Shiba Inu is a meme crypto project that emerged in 2020 as an Ethereum-based meme token inspired by the famous “Doge” meme. It’s a decentralized, community-focused project aiming to build a vibrant ecosystem for meme lovers.
Shiba Inu became attractive thanks to its unique dog-themed branding and high return potential, making it an alternative investment option for meme crypto enthusiasts.
Since the start of June, Shiba Inu’s utility token, SHIB, has been on dramatic price action. From $0.000008555 on June 1, SHIB declined to $0.000007994 in the space of 6 days (June 6).
Following bearish pressure in its price, it dropped further to the $0.000006 level from June 11, and by June 18, it recorded $0.000006972. Notwithstanding, SHIB is enjoying a surge in its price today, June 19.
The crypto is trading at $0.000007106, showing a 3.92% price increase at the time of writing compared to its performance as of yesterday. Also, its 24-hour trading volume today is up by 25.67% at the time of writing.
SHIB Trades Green Amid Price Weakness
SHIB is on a green trade today, considering several technical indicators on TradingView.
The Moving Average Convergence/Divergence (MACD) indicator is above the signal line, a bullish signal, suggesting an upward momentum for SHIB’s price. Also, considering the green bar on the histogram, SHIB is likely to face more green trades before the day ends.
On the other hand, SHIB is trading below its 50-Day and 200-Day Simple Moving Average (SMA), indicating a short and long-term bearish market.
As such, SHIB is likely to experience more RED trades in the coming days and for a longer period. Also, considering its price weakness, as depicted by the inverted SMA indicator, the coin could stagnate within the $0.000006 and $0.000007 levels in the long run.
SHIB has its Relative Strength Index (RSI) at 37.79, indicating a neutral market position and its possibility of approaching the oversold zone (below 30) if more SELL trades occur in the market.
If that happens, SHIB could become undervalued in the crypto market. On the contrary, if the coin sees many BUY activities, its RSI could push toward the overbought zone (above 70), suggesting a potential trend reversal.
Kava (KAVA)
Kava is one of the leading Layer-1 (L1) blockchain with a unique innovation, combining Cosmos’s interoperability and speed with Ethereum’s developer power.
The blockchain aims at optimizing its resources to grow protocols while using its Cosmos EVM (Ethereum Virtual Machine) innovation to enhance speed, scalability, developer support, and security.
Kava rewards builders on its blockchain from the $750 million incentive fund for Kava Rise developers. It uses the blockchain-based distribution strategy to run this reward scheme every month, according to usage.
Its utility token, KAVA, has faced several price gains and dips since it joined the market. Today, it’s in the bullish trend. KAVA is trading at $0.8156 with a price increase of 0.98% at the time of writing.
KAVA to Gain Amid Short-Term Bearish
KAVA is making a green candlestick on the chart, indicating its price increase today.
Its Relative Strength Index (RSI) indicator is at 41.56, representing the market’s neutral position as it sits between the oversold zone (below 30) and overbought zone (above 70). Moreover, the upward movement of the RSI suggests potential price gains if more BUY trades occur in the market.
In contrast, the Moving Average Convergence/Divergence (MACD) indicator is below the signal line with a faded red bar on the histogram. This suggests possible price loss and fluctuation in KAVA’s price before the end of the day.
Meanwhile, KAVA is trading below its 50-Day Simple Moving Average (SMA), indicating a short-term bearish market. As such, the crypto is likely to face several red trends in a short period.
XRP (XRP)
XRP is the native utility token that facilitates activities on the decentralized ledger technology, XRP Ledger.
Ripple Labs developed it with the goal of facilitating quick and inexpensive international money transactions. Cross-border transactions become smoother by using XRP as an intermediary currency to convert various fiat currencies. It uses the Ripple Protocol Consensus Algorithm (RPCA) to verify transactions without depending on mining.
Following XRP’s diverse utility, the cryptocurrency is experiencing an increase in its adoption and utility, contributing to its recent price gains. As of June 1, XRP was valued at $0.5174, but by June 15, it dropped to $0.4802 and $0.4798 on June 18.
Today, XRP trades at $0.496 with a 0.61% price increase at the time of writing. Considering its dramatic increase today, XRP could be regaining its $0.5 mark in no time.
XRP on a Short and Long-Term Bullish Market
XRP is on a short and long-term bullish market, despite potential price fluctuation as indicated by a few indicators.
The Moving Average Convergence/Divergence (MACD) indicator is below the signal line with a faded red bar on the histogram. This means XRP will likely face several fluctuations amid its bullish momentum before the day ends.
In contrast, the Relative Strength Index (RSI) indicator is at 48.37, showing XRP’s market in a neutral position. Moreover, it’s pointing upwards, suggesting potential movements towards the overbought region (above 70) following increased BUY trades.
Also, XRP is trading above its 50-Day and 200-Day Simple Moving Average (SMA) indicator, a short and long-term bullish signal. As such, the cryptocurrency is prone to taste new prices in the coming days, weeks, and in the long run.
Polkadot (DOT)
Polkadot is a decentralized blockchain system designed to facilitate interoperability between various blockchains.
This is accomplished via a special architecture that consists of a key network, the Relay Chain, responsible for linking and protecting several parallel blockchains (Parachains).
Polkadot works with a governance mechanism that enables stakeholders to participate in decision-making and upgrades on the blockchain. Additionally, it incorporates shared security, whereby the Relay Chain protects the linked Parachains.
Polkadot strives to promote security, scalability, and innovation in the blockchain industry by building an environment that facilitates seamless collaboration and communication between various blockchain networks.
Ecoterra (ECOTERRA)
Ecoterra is a meme crypto project that aims to restore the earth’s eco-friendliness by using its incentivized technology to fight climate change.
Ecoterra harnesses the power of Artificial Intelligence (AI) and blockchain technology to build a revolutionary green crypto project.
With its Recycle2Earn mobile app, users can easily locate the nearest Reverse Vending Machines (RVMs), scan for recyclable projects, and even utility bills for carbon offset.
Also, it helps individuals get fully involved with recycling activities and be rewarded in crypto ($ECOTERRA). So, to enhance and speed up the recycling process, Ecoterra made a mobile application for its Recycle2Earn system. It created an ecosystem linking individuals and businesses, allowing both to benefit differently.
Notably, Ecoterra has data on recycled materials in its AI database. The mobile application allows businesses to use it in search of recycled materials in the AI database, whereas individuals use the app to scan Ecoterra barcodes on products.
Businesses use the mobile application to search for recycled materials in the Ecoterra database and make purchase orders using $ECOTERRA as means of payment.
Businesses will then use these recycled materials to make products containing Ecoterra’s barcode; this attracts individuals to the products to earn $ECOTERRA. This is how businesses benefit from the project.
Notably, individuals benefit by using the Recycle2Earn app to scan barcodes on products and visit a store with a reverse vending machine. The scanned product (utilized) is then recycled into the machine. After verification, the individual will earn rewards in $ECOTERRA.
$ECOTERRA Presale Success
The presale of $ECOTERRA has gained huge success on its records; on May 12, 2023, Ecoterra shared via its Twitter handle that it has raised $3.5 million. Notably, the presale continued gaining success day after day and raised $5 million on June 12, 2023.
On June 15, 2023, the token raised $5.1 million, selling at $0.00925, and today, June 19, 2023, $ECOTERRA has crossed $5.2 million, still maintaining the selling price as of the time of writing.
Deelance (DLANCE)
Deelance is a meme crypto platform that utilizes the ability of Web3 technology to help recruiters connect with freelancers. The project aims to restructure the remote working experience by building an ecosystem that consists of a job-hiring place.
Furthermore, Deelance project teams solidified the ecosystem by building an innovative NFT marketplace and a Revolutionary Metaverse. All these will help facilitate recruitment and freelancing processes and ensure a flawless user experience in the ecosystem.
Notably, the Deelance project team created a utility token ($DLANCE) which will be used on the Deelance platform to encourage activities within the ecosystem.
Deelance converts digital works recruiters purchase from freelancers into NFTs, automatically giving them ownership of the created NFTs.
The NFTs include music, virtual worlds, trading cards, photography, and tickets. Users can trade, showcase, or collect these on the platform.
Furthermore, the Deelance ecosystem has the following features: business simplification, ownership grants, transparency, low fees, staffing, a fast payment system, and escrow. Notably, the ecosystem has an escrow feature that ensures safe transactions between recruiters and freelancers.
Deelance holds funds for recruiters in its protected escrow account and only transfers it to freelancers whenever a contact is completed based on the reached agreement.
DLANCE Presale Performance
Since the Deelance presale started, the project has witnessed enormous success, with investors’ interest increasing significantly. Notably, on March 31, Yahoo! Finance reported that $DLANCE raised $27 000 in just 24 hours after its presale started.
On May 23, 2023, Deelance, via its Twitter handle, announced that its presale has raised $1 million in a few weeks. And on June 8, 2023, Deelance further showed on its Twitter handle that it had hit over $1.3 million. Today, June 19, 2023, it hits $1,369,722.588 for $0.038, quite close to the benchmark, $1,7 million for its presale as of the time of writing.
AiDoge (AI)
AiDoge is a meme crypto project that harnesses the power of Artificial Intelligence (AI) to create up-to-date memes.
To obtain up-to-date and high-quality memes, the project uses an AI algorithm to generate contextually important memes from across crypto news training the AI on widespread datasets of memes.
Notably, the project has three fundamental aspects it covers, and they include text-based prompts, a meme generator, and finally, a token ($AI) for buying credits.
Furthermore, AiDoge offers staking opportunities in $AI tokens. This allows participants to earn credits daily as rewards and also get access to the features on the platform. The staking activity is quite necessary to ensure the stability of the platform and to encourage long-term engagement.
Notably, the AiDoge project team built a public wall that has a sorting and filter option, thus allowing users to search for memes contingent on conditions such as recency, specific themes, or popularity. The coin also secured on lisitn on MEXC exchange.
Launchpad XYZ ($LPX)
Launchpad XYZ is accountable for providing all tools users need to succeed in web3, ranging from insights and learning to trade analytics, alpha, and strategy.
The project provides relevant training required to be a successful trader and empowers web3 users of any experience level to improve their profit.
Launchpad XYZ simplifies Web3, making its difficult world easier, allowing users to know how things are done, what possible risks are, and how to handle them safely.
It supports users in learning and understanding the web3 ecosystem, from comprehensive analytics and acumen to new and marketing ways, showing which projects could be the next BAYC with significant financial upside.
Launchpad Presale
Launchpad presale has hit a milestone of major growth Notably, as of the time of writing, the asset is selling at $0.0445, with the next price at $0.046.
How to Purchase LPX Token
The LXP is ready to buy in presale before it lists on public exchanges through the easy-to-use widget. LPX can be purchased using ETH, BNB, USDt, or a bank card.
- Purchase with Ethereum (ETH) or Binance (BNB): using the widget, enter your desired amount of ETH or BNB you want to swap for LXP tokens.
- Purchase with Tether (USDT): enter the desired amount of USDT you want to swap for LXP tokens.
NB: Always take note of the gas fees, and confirm the transaction in your wallet
- Purchase with Bank Card: Purchasing LXP using your bank card is also possible. Connect your wallet, select the card option in the widget, and a column will be brought out for you to fill.
Guidelines from Launchpad XYZ Presale
- Download Crypto Wallet: Investors should download a crypto wallet that gets along with Launchpad XYZ presale.
- Add crypto token to wallet: adding crypto tokens to the wallet allows investors to swap the tokens for Launchpad XYZ easily.
- Connect Wallet to Launchpad XYZ Presale: Investors with ETH or USDT in their wallet should visit the Launchpad XYZ Presale Website, tap on ‘connect wallet’ and choose Metamask.
Investors using a different wallet should select ‘wallet connect’ and scan the QR code Launchpad XYZ shows.
- Fill Out Presale Order Box: Make your choice between ETH or USDT based on your choice of payment.
Afterward, input the number of the ETH or USDT tokens to swap for Launchpad XYZ tokens.
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