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The new developments in several crypto ecosystems drive positivity in the general crypto market. Despite several price fluctuations hinting at potential future profits, many cryptocurrencies are gaining today.
Today, May 23, 2023, the top crypto gainers, including live coins and yet-to-list tokens, are CFX, MIOTA, AiDOge, Launchpad, yPredict, DLANCE, TRX, ECOTERRA, and KAVA.
Following their performances, these cryptocurrencies could reward investors in the short and long term.
Conflux (CFX)
Conflux (CFX) price trend in the last three days suggests the asset may see more green days in the long term. As of May 20, 2023, CFX was trading at $0.2994; on May 22, it also recorded $0.2964.
However, today, May 23, 2023, CFX is up 7.74% at the time of writing and is trading at $0.3208. According to several indicators on Tradingview’s Chart, Conflux (CFX) could record more price gains.
CFX Price Analysis with Technical Indicators
Conflux (CFX) is facing slight fluctuations in its price. As a result, it’s trading a few pips below its 50-Day Simple Moving Average (SMA), a short-term bearish signal. Notwithstanding, other indicators depict a long-term bullish market for the asset.
The Relative Strength Index (RSI) is at 55.71, representing CFX’s neutral market position and tendency to move to the overbought region (above 70).
Meanwhile, CFX’s Moving Average Convergence/Divergence (MACD) is above the signal line, representing the asset’s bullish trades. The bold green bar on the histogram could indicate the possibility of CFX recording more price gains in the coming days.
Furthermore, CFX trades a long-term bullish signal above its 200-Day SMA. Irrespective of several fluctuations due to high SELL pressure on CFX’s price, the asset could take a bullish run in the coming days to weeks.
IOTA (MIOTA)
MIOTA, the native token of the outstanding distributed ledger, IOTA is currently in a bullish trend without signs of dropping. MIOTA is trading today at $0.1858, with a price increase of 3.29% at the time of writing.
Due to its seamless solutions and the proprietary Tangle technology, IOTA (MIOTA) is gradually revolutionizing how blockchains operate in the Internet of Things ecosystem.
MIOTA Price Analysis with Technical Indicators
IOTA (MIOTA) is trading below its 50-Day and 200-Day Simple Moving Average (SMA), a short and long-term bearish signal.
Notwithstanding, IOTA is green today, indicating an increase in its price in the last 24 hours. Also, the Relative Strength Index (RSI) at 47.21 represents a neutral position of the market as it sits between the oversold (below 30) and overbought (above 70).
The asset’s Moving Average Convergence/Divergence (MACD) is above the signal line, representing its bullish market. Given the bold green bar on the histogram, IOTA (MIOTA) could enjoy more bullish days in the long run.
AiDoge (AI)
The new meme crypto project with a Shibu Inu theme, AiDoge, is making dramatic progress in its token, $AI presale.
The $AI token presale fundraising campaign has reached $12 million with just a few more sales before surpassing the $12.4 million milestone mark on the presale site. Today, May 23, 2023, AiDoge’s token is in stage 16 of the presale, having 4 more stages before it lists on several exchanges.
Furthermore, the presale price for 1 $AI token is currently $0.0000324. The $AI price will increase by the next stage to $0.0000328. At the end of the presale, the token will list at $0.0000336. Thus, any remaining tokens at this point will be burned.
Given that AiDoge will revolutionize the meme creation experience of memes and content creators, the project could explode in the near future, rewarding early investors with huge paper gains.
Launchpad XYZ (LPX)
Launchpad XYZ has raised $572,014 in its $LPX token presale. Today, 1 $LPX is worth $0.0445, but in the next few days, the price will increase to $0.046. At the end of the presale, the token will list for $0.0565.
Launchpad XYZ plans to bring simplicity to the world of web3, providing users with an all-in-one dashboard where they can learn all about trading via different programs on the platforms.
Moreover, they will have access to several crypto games with play-to-earn concepts, providing various means of earning crypto across the platform.
Since a majority of the features and services on Launchpad XYZ are powered by its native token, $LPX, interested investors can take part in this presale campaign to secure the tokens.
Once Launchpad XYZ begins its operation, as detailed in its roadmap, early investors will make the most of the tokens.
yPredict (YPRED)
yPredict’s token presale has raised over $1.5 million in a short period since the presale began. Also, the tokens are selling out quickly at $0.07 and are almost at the end of the 5th presale stage.
The next stage comes with at least a 40% price increase to $0.09, which would facilitate the presale fundraising campaign to reach its $1.6 million milestone.
Although the token is set to list initially at $0.12, yPredict (YRPRED) can explode afterward, thanks to its developmental plans.
By providing AI-powered features for a more accurate predictive model, many traders and investors will experience more gains than losses in all their investments using the yPredict platform.
Also, experts in the crypto trading analysis will make money recurrently by showcasing their thoroughly-analyzed predictions on yPredict’s Marketplace.
Besides trading, users can earn from huge discounts, staking rewards, lifetime free predictions, and sharing authentic models.
DeeLance (DLANCE)
DeeLance has hit a new $1 million milestone in its ongoing DLANCE token presale. The revolutionary freelancing platform is showing how lucrative it’ll be once it’s live, following its presale performance so far.
DeeLance is currently offering its token via this presale campaign at $0.033, and in the next few days, the price will increase to $0.038.
However, at the end of the presale, DLANCE will list at $0.057 and spike once it hits several exchanges.
With a detailed plan to enhance communication, connection, and transactions between freelancers and online recruiters, DeeLance is prone to be the next 100x project in the crypto market.
Its utility-infused token will reward the platform users with multiple benefits. Also, with DeeLance, there will be instant withdrawal of earnings for users as well as little to zero fraudulent activities on the platform.
Ecoterra (ECOTERRA)
Ecoterra boasts $4.2 million in funds raised in its ongoing $ECOTERRA token presale. As a green project with a major focus on the eco-friendliness of the environment, Ecoterra is attracting investors as a high-potential crypto project.
Its Recycle2Earn concept will help facilitate the maintenance of the environment by reducing environmental pollution and even carbon emissions. The ECOTERRA tokens are still in presale and are selling out quickly as investors scoop them for future gains.
Ecoterra is offering the tokens at $0.0085 per $ECOTERRA. However, the presale price will increase to $0.00925 in the next few days.
After the presale, ECOTERRA will list on several exchanges at $0.01 and spike afterward. As a futuristic project, Ecoterra will revolutionize the crypto space and make the environment suitable for all living things.
Kava (KAVA)
Kava (KAVA) is maintaining its bullish market by all means. Today, it has gained by 9.85%, increasing its price to $1.206 at the time of writing. Although Kava (KAVA) has experienced several challenges since it joined the market, its performance in the past few days has been remarkable.
KAVA Price Analysis with Technical Indicators
Kava (KAVA) is on a long-term bullish run, as indicated by several indicators. It’s trading a bullish signal above its 50-Day Simple Moving Average (SMA). Although there is no 200-Day SMA on the chart, KAVA could uphold its bullish trend for a long time.
Furthermore, the Relative Strength Index (RSI) is at 77.91, confirming the market’s position in the overbought zone (above 70). As such, KAVA is prone to more BUY trades in the market.
The asset’s Moving Average Convergence/Divergence (MACD) below the signal line represents its current bullish trends.
Also, the positive MACD values and the bold green bars on the histogram could indicate KAVA will record more green days in the coming days.
Thus, KAVA’s high growth potential could make it an ideal investment option.
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