Top Crypto Gainers on 19th June – XRP, BIT, BSV, HBAR, and BCH

The cryptocurrency market is taking the financial system by storm, with several projects launching innovations within their platforms.

Today, many of these cryptocurrencies are recording tremendous gains driven by a calm regulatory environment, positive market sentiments, and massive community support.

Although meme coins were the leading top gainers during early 2023, the tokens currently on this list consist of meme coins, altcoins, and presales.

Thug Life (THUG)

The hip-hop-themed meme coin, Thug Life, is lightening the potential of meme coins and taking the crypto community by storm. As the name implies, the project tends to create a place for “thugs” in the crypto community, encouraging them to “pimp out and make money.”

The project differentiates itself from other meme currencies flooding with its established identity in the active world of hip-hop culture.

Thug Life drew inspiration from the 1980s Thug Life movement and honors many well-known rappers, like Snoop Dogg, Ice Cube, and Tupac.

One of its objectives is to create a sense of community among its users, providing them a platform for posting amusing market-themed memes on the project’s social media pages.

According to Thug Life’s official site, $THUG isn’t “your regular kind of token.” Its movement is fueled by “humor, brotherhood, and hustling” in the crypto game.

Interestingly, Thug Life is approaching the crypto market with its tough love of the internet (resilience, trolling, and comedy) while enabling investors that had missed out on early presales to bounce back up and await potential surges.

Thug Life Features

The project stands out in the crypto space because of its liquidity model and team commitment.

• Liquidity

According to the development team, $200,000 worth of Ethereum ($ETH) would be in the liquidity pool on the token’s DEX debut to provide a strong foundation for $THUG.

• Community-driven

Thug Life seeks to build a community for meme coin enthusiasts, traders, and investors that have lost money on various cryptos.

• Meme Coin Utility

The concept offers a utility token that powers all platform operations. To engage a certain demographic, Thug Life uses memes, online culture, and comedy to build a distinctive image.

$THUG Presale 

There was just one stage of the Thug Life presale, and it finished with more than $2 million being raised for $0.0007.

Early investors are invited to claim their $THUG in advance as the coin is scheduled to debut on many exchanges soon.

Considering the dramatic performance of Thug Life’s token presale, all eyes are now on $THUG as it might potentially become 10x once it hits the market.

The token sale for $THUG has a hard cap of $2,058,000 and a soft cap of 183,753.36. It is an ERC-20 token, and according to the whitepaper, there are 4,200,000,000 coins in total supply.

Individuals who joined the financial freedom movement early on will gain massively as the price of $THUG might skyrocket once it trades on many exchanges and draw more investors.

How to Claim Your Thug Life Token

• Visit Thug Life’s official website and navigate to the presale widget.
• Connect your crypto wallet (make sure it is ERC-20 supported).
• Click on the “Claim Now” button and follow the on-screen instructions.
• Your crypto wallet will be credited with the purchased $THUG tokens.

XRP (XRP)

After Ripple Labs’ partial victory against the US Securities and Exchange Commission, the XRP coin took a dramatic spike, hitting new highs in the short term. 

Today, July 19, 2023, XRP has increased by 5.43% in the last 24 hours as of 8:56 am EST, trading at $0.8016.

Crypto analysts and investors believe this continued surge in the asset’s market value could be attributed to the SEC and Ripple Labs reconciliation news publicized yesterday.

Since the crypto powering the XRP Ledger, $XRP, has been confirmed as “not a security,” there has been a massive increase in demand for the token as well as activities across the ledger.

XRP’s trading volume in the last 24 hours is up by 33.53%, recording over $3.3 billion as of 9:02 am EST.

XRP is Building an Upcoming Uptrend

The coin is commencing an uptrend considering its price movement in the last 5 days. XRP is trading above its 50-Day and 200-Day Simple Moving Average (SMA). This depicts the strong bullish momentum of the coin.

XRP’s Moving Average Convergence Divergence (MACD) is above the signal line but accompanied by a faded green histogram bar. This shows that the asset has been bullish and could be losing its momentum.

According to the chart above, a green candlestick is forming above another green candle, indicating an increase in BUY trades in the market. XRP’s Relative Strength Index (RSI) is also at 74.54, moving in the overbought region. This corresponds with the signal from the SMA and MACD.

Wall Street Memes (WSM)

Wall Street Memes (WSM) is one of the top crypto presales. The new meme currency project is intriguing for various reasons, including its significant online followers, 100% tokens distribution to the community, token price rise during each presale stage, and Elon Musk acknowledgment.

The well-known crypto platform, Wall Street Memes, encourages investors to use memes to troll the stock market. The project’s team wants to increase value through social media hype, community support, and FOMO.

The true aim of the $WSM (an ERC20 meme coin) is to reward early investors. Investors and enthusiasts are positive about the future of the token after it is listed on exchanges. Notably, the presale is selling out quickly.

Considering the large fan base of $WSM, many crypto enthusiasts expect the coin to be listed on significant cryptocurrency exchanges like Binance.

Through airdrop rewards, community members are incentivized to keep up their investments. Those who possess $WSM coins can participate in the ongoing airdrop promotions, providing participants and interested investors with free cryptocurrencies.

Wall Street Memes Features

• Memetic Nature

By embracing meme currencies’ jovial and lighthearted nature, $WSM makes them approachable and appealing to a wider audience. This memetic trait can generate a lot of curiosity and attention to both the platform and its utility token.

• Decentralized Finance (DeFi)

Built on blockchain technology, $WSM is a decentralized financial platform. This makes it possible for consumers to access a variety of financial services while still maintaining ownership over their money, including lending, borrowing, and yield farming.

• NFT Integration

$WSM has integrated NFT technology into its ecosystem due to the popularity of non-fungible tokens (NFTs). This creates chances for one-of-a-kind digital artwork, collectibles, and gaming experiences, adding value for token holders.

$WSM Presale

Wall Street Memes raised a value of $16 million in its final presale stage, and its token sale hard cap is $16.7 million.

This is reflecting the increasing interest in the token and strong investor optimism for success. The WSM token is live today and trades at $0.0319.

How to Buy Wall Street Memes

• Visit the Wall Street Memes’ official website.
• Link your cryptocurrency wallet to the presale.
• Select whether to purchase $WSM using a card or cryptocurrency (you can use ETH or USDT).
• Enter the amount of $WSM you wish to purchase.
• Once the presale has ended, confirm the transaction and collect your tokens.

BitDAO (BIT)

The mainnet for the Mantle Network developed by BitDAO is live and is set to revolutionize the ZK-Rollup innovation considering its solutions and utilities on the development.

Following this announcement in the last 2 days, BitDAO (BIT) has hit new milestones in the short term. 

Its token’s price has increased by 8.64% during the last 24 hours as of 9:43 am EST, trading at $0.5623. 

Even though the 24-hour trading volume of the asset is down by 42.69%, BIT is poised for more gains in the long run.

BIT is Enjoying a Strong Bullish Market

The Simple Moving Average (SMA) is inverted, representing price weakness in BIT’s market, yet, it trades above its 50-Day and 200-Day SMA. This implies that the coin is on a short and long-term bullish trend.

BIT’s Moving Average Convergence Divergence (MACD) indicator is above the signal line with a bold green bar on the histogram. This shows that the coin has been bullish, and the bulls still have strong momentum backing its price.

According to the chart above, the new green candlestick is longer than the last green candle, indicating a higher buying pressure today. Also, BIT’s Relative Strength Index (RSI) is at 68.75, approaching the overbought zone (above 70). This corresponds with the bullish market signals on the MACD and histogram bars. 

Bitcoin SV (BSV)

Bitcoin SV (BSV) is a cryptocurrency that originated from a hard fork of Bitcoin Cash (BCH), a crypto also from a previous hard fork from the original Bitcoin (BTC) network. 

The main goal of Bitcoin SV was to restore the original vision of Bitcoin and to follow the original Bitcoin protocol as closely as possible. The “SV” in Bitcoin SV stands for “Satoshi’s Vision.”

Bitcoin SV increased the block size limit to significantly larger sizes, aiming to handle more transactions per block and increase the scalability of the network. The intention was to support more transactions and reduce transaction fees.

Since BSV joined the crypto market, its value has tested price volatility and rallied in the long run. 

Today, the asset’s market price is up by 6.67% in the last 24 hours as of 10:52 am EST. BSV is trading at $38.22, and its 24-hour trading volume is also up by 143.54%, recording over $78 million.

BSV is Commencing an Upward Trajectory

The asset market is experiencing a potential reversal from the downtrend in the past few weeks. BSV is trading above its 50-Day and 200-Day Simple Moving Average (SMA), signifying a bullish trend and potential recovery for the coin.

Its Moving Average Convergence Divergence (MACD) indicator is below the signal line, accompanied by small faded bars on the histogram. This shows that BSV has been bearish. However, the bears’ momentum is fading.

In the chart above, a long green candle stick grows after some short mixed-color candles, increasing BUY trades. Also, BSV’s Relative Strength Index (RSI) is at 50.20, moving upward through the neutral region. This tallies with the histogram bar’s signal and the chart’s green candle.

Hedera (HBAR)

The stablecoin remittance test carried out by the Shinhan Bank and Siam Commercial Bank (SCB) TechX on the Hedera Network emerged successful.

The proof-of-concept (PoC) on the Hedera Network exhibited swift payment and real-time integration of foreign exchange rates for three fiat currencies: the South Korean won (KRW), the New Taiwan dollar (NTD), and the Thai Baht (THB).

Following the completion of the test, stablecoin issuers using the Ethereum Virtual Machine (EVM) will be able to use the technology because the successful PoC revealed its compatibility with the EVM.

Implementing blockchain innovation for remittance and cross-border payments illustrates the potential advantages of using stablecoins to speed up and reduce the cost of transactions in this industry.

Since the Hedera Network worked successfully for the transactions, its native crypto, HBAR, has seen a tremendous surge in the short period.

HBAR has shot up by 2.28% in the last 24 hours, trading at $0.05585. Also, its trading volume is up by 43.77%, at $127 million.

Analysts believe that after the success of the Hedera Network stablecoin remittance test, potential partnerships will emerge in the future.

HBAR is Facing a Horizontal Market Trend

HBAR’s market is on a short-term bullish trend. The asset trades above its 50-Day Simple Moving Average but below its 200-Day SMA. This implies the coin is prone to a potential reversal from its long-term downtrend.

HBAR’s Moving Average Convergence Divergence (MACD) indicator is above the signal line, followed by bold green histogram bars. This shows that the asset has been bullish in the last 3 days and is still in control today.

The chart above shows an uptrend following the green candle stick, representing increased buying pressure. Also, HBAR’s Relative Strength Index (RSI) is at 66.67, pointing up toward the overbought zone (above 70).

Evil PEPE

An ERC-20 meme coin, Evil Pepe, features the extremely popular meme token, Pepe. It’s the most recent cryptocurrency to feature Pepe the Frog after the original $PEPE’s over 10,000% price increase in May.

At first glance, there aren’t many differences between $EVILPEPE and $PEPE. The black robe worn by Evil Pepe’s mascot frog suggests that it has a darker nature. However, neither token gives utility and is primarily made for trading.

Evil Pepe wants to grow to a $100 million market valuation. The project began with a one-stage presale to raise at least $2 million. Once the presale is sold out, $EVILPEPE will list on centralized and decentralized exchanges. 

Evil Pepe Coin Features

• The Marketing Team

Evil Pepe has a great marketing team backing it up. The team secured partnerships will many influencers and decent crypto platforms to promote the $EVILPEPE token on social media and the crypto landscape.  

• Roadmap

The Evil Pepe Coin roadmap proposes teaming up with well-known meme creators, forming partnerships with innovative individuals in the meme coin community, and expanding its Twitter followers.

• DEX Liquidity Lock

Evil Pepe team will launch decentralized exchange (DEX) liquidity and lock it to avoid rug pull. After the token’s official launch on Uniswap, the remaining 10% of the Evil Pepe token supply will be locked as DEX liquidity for one month, providing streamlined trading conditions.

• Coin price 

All $EVILPEPE tokens will be made available during the presale at $0.000033, unlike many other presales with many stages and price rises. Also, there are no team tokens, which clears worries about significant token losses from whales wanting to profit.

Evil Pepe Presale 

On July 18, Evil Pepe Coin, the most recent meme coin to adopt the Pepe the Frog design, announced the beginning of its presale. The token sale for $EVILPEPE has a hard cap of $1,996,002 and a soft cap of 107,994.99 with one presale pricing stage of $0.000333. 

It is an ERC-20 token, and the whitepaper states that there are 6,660,000,000 coins in total supply. Participants in the presale would gain almost 300 times more if EVILPEPEPE could match $PEPE’s current market cap.

Half of the top 10 trending cryptocurrencies on DEXTools are Pepe-related meme coins, which include a new contender Landwolf (WOLF).

How to Buy Evil Pepe Coin

Users can purchase the $EVILPEPE token in its ongoing presale at an affordable price following this guideline.

• Log into the official Evil Pepe Site and connect your crypto wallet 
• Use a Trust Wallet or MetaMask wallet and fund it with ETH and USDT. 
• Use the presale widget to swap your ETH or USDT for $EVILPEPE tokens.
• Your USDT will be traded for the Evil Pepe tokens, while the ETH will be used for the gas fee.
• To ensure a fair launch, $EVILPEPE token claims will be accepted on the website simultaneously with the DEX listing.

Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is a cryptocurrency that emerged as a result of a hard fork from the original Bitcoin (BTC) blockchain on August 1, 2017.

The main motivation behind the creation of Bitcoin Cash was to address scalability issues in the Bitcoin network. Bitcoin’s block size was limited to 1 megabyte, which led to slower transaction processing times and higher fees during periods of high demand. 

Bitcoin Cash sought to increase the block size to 8 megabytes, allowing more transactions to be processed in each block and improving the overall transaction throughput.

Bitcoin Cash increased the block size to 8 MB, and later, in a separate upgrade, it was further increased to 32 MB. This larger block size allows for more transactions in each block, resulting in faster transaction times and potentially lower fees.

With larger blocks, there is more space for transactions, which means that transactions generally have lower fees than the original Bitcoin network, especially during periods of high demand.

Bitcoin Cash inherits its security features from the original Bitcoin blockchain, utilizing the Proof-of-Work (PoW) consensus mechanism. Miners compete to solve complex mathematical puzzles to validate transactions and add new blocks to the blockchain.

Considering the numerous utilities of this cash system and its solutions in the crypto space, Bitcoin Cash could gain massive traction soon.

The coin’s market value is already up by 0.31%, trading at $243.99 in the last 24 hours. It’s also projecting a promising price outlook.

BCH Bears Are Losing Momentum 

The coin’s market price is prone to become stable today in a bullish trend. BCH trades above its 50-Day and 200-Day Simple Moving Average (SMA). This depicts the coin in a short and long-term bullish trend.

The crypto’s Moving Average Convergence Divergence (MACD) is below the signal line with a faded red bar on the histogram. BCH has been in the bear market, but its momentum is dwindling.

In the chart above, a green candle stick is forming after a small green candle, representing the re-igniting effect of increased buying pressure. Moreover, BCH’s Relative Strength Index (RSI) is at 51.83, moving horizontally in the neutral zone. This confirms the potential trend reversal depicted by the faded histogram bar and the green candle forming on the chart.

Conclusion

The crypto markets have seen dramatic movements, with several events triggering price growths and dips in the short term.

The top cryptocurrencies gaining today, July 19, have seen an increase in market value and trading volume in the last 24 hours.

While their recent price movements may be tempting to start trading, it’s important to know that cryptocurrencies are volatile and can deviate from expected price behaviors. Thus, adequate risk management strategies and proper technical analysis must be in place before trading.