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The crypto market is a volatile space, with new projects launching daily. However, some tokens show the most promise in rewarding investors and traders.
While some of these tokens are already listed on exchanges, others are in their presale stages. Historically it is quite difficult to predict the price movement of cryptocurrencies accurately.
However, the utility remains a strong point to consider in a token’s present and future relevance. Also, community acceptance and adoption affect its price performance.
The top crypto gainers listed in no particular order are projects currently enjoying massive adoption and price action.
Pepe (PEPE)
🐸 $PEPE Official Links 🐸
website: https://t.co/YOvEFOo933
telegram: https://t.co/Ow65d2do6K
uniswap: https://t.co/EU0S6npWlQ
contract: 0x6982508145454ce325ddbe47a25d4ec3d2311933
to buy: @binance, @kucoincom, @okx, @bybit_official,… pic.twitter.com/6DoivI932c
— Pepe (@pepecoineth) May 9, 2023
PEPE is a sensational meme coin project powered by the Ethereum blockchain created as a tribute to Pepe the Frog.
Pepe sparked the crypto market into a memecoin season, hitting a market cap of $1.6 billion at one point.
Pepe is investors’ delight due to its community-based approach and tokenomics, such as token burn events, to maintain the scarcity of the PEPE coin.
PEPE tokens powered the meme coin ecosystem and traded in the open market for the first time on April 17, 2023, at $0.00000006638. It jumped to $0.0000002642 on April 19 and continued its uptrend in the following days.
PEPE hit its all-time high of $0.000004354 on May 5, 2023, representing a gain of over 5898% on its launch price.
Although it is down in the market today, its community believes that it will rally again and claim higher highs.
PEPE Technical Analysis On Chart
PEPE is in a downtrend today, forming two consecutive red candles within the last 3 hours. It is trading below its 50-day and 200-day Simple Moving Averages (SMA), a bearish sentiment on the hourly chart.
Also, its Relative Strength Index (RSI) is 37.10, close to the oversold region of 30. However, the indicator is moving sideways, indicating traders’ indecision in the market today.
PEPE’s Moving Average Convergence/Divergence (MACD) is below its signal line and showing negative values.
It also reflects the current bearish trend. PEPE will likely lose more of its gains before moving into another rally
Lido DAO (LDO)
@LidoFinance V2 update is going to be huge!
Here is all u should know about the future of LSDs 💎 pic.twitter.com/rJpmwfjCeJ
— Finish 🏁 (@0xFinish) May 11, 2023
Lido DAO is a staking ecosystem on the Ethereum blockchain. It gives users the ability to stake their assets without a minimum deposit.
Also, users can participate in on-chain activities such as lending. Lido launched its staking app in 2020 with 1 billion LDO tokens. LDO powers the activities on the platform.
LDO traded at $1.0802 on January 1, 2023, and moved to $1.9667 on January 8. Its price increased to $2.0564 on January 12 and traded at the $3 price level from February 26 to March 2.
However, the bears returned it to $2, and it declined further to $1.8 on May 4. LDO has reclaimed the $2 price level again.
LDO Technical Analysis On Chart
LDO is in an uptrend today, forming a large green candle on the daily chart as it records higher highs.
It is currently trading above its 200-day Simple Moving Average (SMA), a long-term bullish signal. Also, its upper wick is breaking above its 50-day SMA, a short-term bullish sentiment.
The Relative Strength Index (RSI) is 56.10 in the neutral zone and rising. It indicates a possible bullish trend ahead for the asset.
LDO’s Moving Average Convergence/Divergence (MACD) is rising above its signal line, a bullish sentiment.
Although the MACD shows a negative value, the histogram bars display green bars suggesting the bulls are in control. LDO will likely record gains in the coming days.
AiDoge (AI)
Good morning #AIDoge community !! pic.twitter.com/05D8vByeJH
— AI Doge ⚡️ (@AIDogeBsc) January 31, 2023
AiDoge is a platform promoting the unique Meme-to-Earn concept at the peak of the meme coins rally.
The platform is backed by Artificial Intelligence that helps users produce quality meme tokens that can go viral.
The meme creators can add text and other items to spice up their memes and get their creativity going.
Its AI tokens are currently on presale and have reached the $7.5 million milestone indicating massive investor interest in the project.
AiDoge’s utility speaks for itself as investors hoard the tokens at presales with a high FOMO level for the token.
AiDoge will list on many exchanges soon and will likely experience an initial price boost based on its performance.
Launchpad (LPX)
Feeling lost in a sea of complicated charts? 💻
Fear not, our analytics and trend data will help you fully understand the charts from past to present and even predict the future 📈🔮
Join our #Presale now ⬇️https://t.co/yYq4jnPZiL pic.twitter.com/lFUtfNnJxT
— Launchpad.xyz (@launchpadlpx) May 15, 2023
Launchpad XYZ is a new AI-powered crypto trading platform focused on helping trades make informed and profitable trade decisions.
Users have access to historical data and past price performance for crypto tokens. Also, Launchpad gives its users great recommendations on the best tokens to purchase based on performance.
LPX is the native token that powers its activities, and it is currently on presale, raising over $320,000 in a short while.
The LPX tokens price will increase to $0.07 once it lists on exchanges, thus giving early investors guaranteed rewards.
yPredict (YPRED)
🚀💥Seeking the secret sauce for a successful venture?
Combine the power of AI Prediction with a pinch of #YPREDToken, a generous portion of community spirit, and there you have it – #yPredict in its full glory! 🌟
But don't dawdle! The $YPRED presale is zooming towards a… pic.twitter.com/5cDnKHa8xA
— yPredict.ai (@yPredict_ai) May 15, 2023
yPredict is a decentralized platform that offers users AI-backed predictions using blockchain technology.
It operates on the Ethereum blockchain and combines Artificial Intelligence (AI) and Machine Learning (ML) for best results.
yPredict aims to give regular traders access to valuable predictions shifting market control from the large holders and institutional traders.
It is equipped with modern features such as an analytic dashboard and a marketplace. It allows users to chart pattern identification and indicator analysis based on each asset.
Additionally, yPredict has a social trading feature where new traders can profit from copying the trades of more experienced and accomplished traders.
Also, its learn-2-earn feature gives uses YPRED tokens as rewards for studying the cryptocurrency markets. The YPRED token presales are ongoing and present opportunities for users to gain an early purchase of tokens.
DeeLance (DLANCE)
Hi DeeLancers! 👨💻
We are excited to share the list of 100 winners of our $10k Giveaway. 🎉
Checkout if yours is on the list! 👇
🔹Distribution will be after launch$DLANCE Presale is live – Join now!https://t.co/XHnTqVzeWf#Crypto #Metaverse pic.twitter.com/kwnHVJgRmG
— DeeLance (@deelance_com) May 15, 2023
DeeLance is a blockchain-powered job marketplace that connects users to freelancers. It is secure and offers users payment security in the form of escrow protection for its users.
Its features are massive improvements to the existing job boards, such as instant payment to freelancers with no minimum benchmark amount.
DeeLance operates an NFT marketplace where users conduct secure transactions. Also, DeeLance Escrow’s protection for its users prevents disputes.
Also, DeeLance ensures that fake accounts and bot accounts are eliminated with a highly secured platform and user verification.
Early investors will benefit from its eventual listing on exchanges with a guaranteed price increase.
DLANCE tokens power activities on this platform, and its presales are selling out fast.
The DeeLance platform will remain relevant for now and in the future since it provides jobs for several people and tackles the problem of unemployment.
Uniswap (UNI)
1/ THIS IS NOT A DRILL 🔥🔥🔥
The Uniswap mobile wallet is out of Apple jail and now live in most countries 🎉✨
Download our self-custody, open-sourced app today! 👇https://t.co/yWxuw79xTY pic.twitter.com/QhK06icKBL
— Uniswap Labs 🦄 (@Uniswap) April 13, 2023
Uniswap is a decentralized protocol that helps users partake in automated trading activities. It can be considered an automated market maker (AMM).
The project launched in November 2018 but is soaring in popularity in 2023. The platform’s goal is to solve liquidity issues and improve trading efficiency.
Uniswap launched UNI, its governance token, in September 2020 to its existing community members.
The Uniswap DAO has over 310,000 members that vote over the $1.6 billion treasury and roadmap of the decentralized exchange (DEX).
Its latest version Uniswap V3 launched in May 2021 with greater capital management for liquidity providers,
Its all-time high value is $44.97, and it has a massive interest in the UNI/AUD and UNI/EUR trading pairs.
UNI traded at $5.246 on January 1, 2023, and jumped to $6 by January 12. In February, it peaked at %7.10 on February 2 and returned to the $5 price level where it currently trades.
UNI Technical Analysis On Chart
Uniswap is trading in the green today, trying to consolidate its gains in the last 24 hours. However, UNI is below its 50-day and 200-day Simple Moving Averages (SMA), a short and long-term bearish sentiment.
The 50-day SMA has dropped below the 200-day SMA, which is also a sign that the bears are in charge.
UNI is trading in the lower region of the Donchian Channel, also indicating the prevalent bearish trend for the asset.
Also, UNI’s Relative Strength Index (RSI) is 43.33 in the neutral zone. However, the indicator is rising, hinting at a bullish reversal ahead.
Ecoterra (ECOTERRA)
WE DID IT – $3.4 MILLION RAISED 🎉
Special thanks to the amazing support of our community in our #ECOTERRA token #Presale! 🌿🌍
Together, we can make a difference. Join us today ⬇️https://t.co/1fYkPOsPYG#EcoCrypto #GreenFinance #Crypto #Blockchain pic.twitter.com/lmn8fUKaw8
— ecoterra (@ecoterraio) May 10, 2023
Ecoterra is an eco-friendly cryptocurrency initiative using the Recycle-to-Earn method to gift users for safe environmental practices.
The environment is suffering from the effect of pollutants, carbon emissions, oil spillage, and plastic waste, destroying numerous ecosystems.
Proper waste management is vital for a safe environment eliminating health and environmental hazards.
That’s the reason behind the launch of Ecoterra, to educate and incentivize users to keep the environment safer through waste recycling.
ECOTERRA tokens enable activities on the platform and are in their final presale stages. Each stage of the presale will usher in a price increase until its eventual listing.
The presale is a global success, raising over $2.5 million in a short while. Early investors stand a chance to earn massive returns of 150%, one of the highest gains during a crypto presale.
Ecoterra will remain relevant for now and in the future since environmental preservation is a priority to most governments worldwide.
Users can access an innovative app that will launch soon to record their eco-preservation efforts. Based on its acceptance, it will likely perform well when it lists in the open market.
SpongeBob (SPONGE)
🧽 #SPONGERS!!! 🧽
You can now get some $SPONGE on @gate_io! 🚀💰
Don't miss it!🔥
🔗 https://t.co/lDGSBf8kaO pic.twitter.com/wZo8AJK4rE
— $SPONGE (@spongeoneth) May 12, 2023
SPONGE, a meme token project with massive growth in 2023, continued the meme coin rally started by PEPE. It attained a market cap of $29 million a few days after its launch.
Also, its trading volume rose to $115.7 million, up by over 730% at the peak of investor interest.
It is a community-driven project currently driving the market as the whales begin to shift interest from already established meme coin projects.
SPONGE is trading on the LBank centralized exchange, a top Hong Kong-based exchange ranked number 16 on the global exchange list.
Users that make deposits to trade SPONGE on the Lbank exchange will share a $5000 bonus pool.
Also, SpongeBob is hosting a meme contest offering 50 prizes of $100 for users that create innovative SpongeBob memes.
CoinW and Toobit have listed SPONGE on their exchanges as it outperforms established projects like Bitcoin, Ethereum projects, and Shiba Inu.
SPONGE is ahead of PEPE in listings as it gains new investors daily and draws global interest. Users are battling with high Ethereum gas fees as the $SPONGE token accumulation phase is ongoing.
Although PEPE has realized over 5000% gains, SPONGE will surpass the price mark with 1000% gains realized quickly.
According to reports, the top SPONGE whale wallet holds 29% of its total supply locked for the next two years.
Investors will sustain the accumulation phase, leading to another rally for the meme coin.
SPONGE first traded in the market on May 4, 2023, at $0.00009321 and spiked to $0.000453 the next day.
It achieved its all-time high value of $0.002394 on May 7 and will likely record further price increases.
Sponge Technical Analysis On Chart
SPONGE is trading in a sideways trend today on the hourly chart. The upper wick of its hourly candle is breaking above its 9-day and 20-day Exponential Moving Average (EMA).
It indicates the bulls are still active in the market today despite the current price indifference.
Also, the Relative Strength Index (RSI) is 43.81 in the neutral zone. However, the indicator is moving downwards, suggesting that the bears are determined to keep their price down.
SPONGE’s Moving Average Convergence/Divergence (MACD) is just above its signal line and displays a negative value. Also, the histogram bars are fading, indicating a possible trend reversal to a bearish trend ahead.
SPONGE will likely lose more of its gains if the bears sustain their pressure on the asset.
Conclusion
Meme coin season is ongoing, with some projects yielding up to 5000 times returns for investors. However, investors are better off diversifying their crypto portfolios to increase their chances of making a profit.
Each project has its innovative design and roadmap and will benefit those that understand the vision and market dynamics.
Also, the presale events are ideal opportunities for users to join a project early and earn massive rewards.
PEPE tokens, for instance, rewarded initial investors over 500% of their original gains in a sort while compared to established projects.
The utility, roadmap, and community base of these crypto projects may sustain them for a long time.
But always do proper research as the crypto market is volatile and can change from predicted trends without warnings.
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