Top Crypto Gainers July 17: APT, XLM, AAVE, And ALGO

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The crypto market has a more positive outlook in recent days. Most altcoins seem to be resurgent, posting positive price performances.

The top gainers today benefit from a more positive market outlook and recent developments within their ecosystem. Also, there are promising presales set to reward early investors when they eventually launch.

Aptos (APT)

Aptos is a Layer-1 (L1) Proof-of-Stake (PoS) blockchain utilizing Move, a smart contract programming language for its operations. Move is a rust-based programming language independently developed by Meta’s (Facebook) Diem blockchain engineers.

Aptos aims to encourage increased adoption of Web3 technology, empowering its users with an ecosystem of DApps with practical applications.

The PoS blockchain, in theory, can attain a throughput of over 150,000 transactions per second (tps) using parallel execution. Aptos’ high tps makes it stand out as it processes all transactions simultaneously and then validates them afterwards.

Also, failed transactions on the network are either re-executed or aborted as they rely on Aptos software transaction memory libraries. Move its operating software helps to modify private keys and the modular design of Aptos.

APT is the utility token of the platform. It traded at $7.78 at 10:58 AM EST. It represents an increase of 2.62% in its price in 24 hours. Also, its trading volume is rising, up by 23.25% within 24 hours.

APT Displays Short-Term Bullish Sentiment

APT is trading in the green today, breaking above its 50-day Simple Moving Average (SMA) and expressing a short-term bullish sentiment.

Also, its Relative Strength Index (RSI) value is 58.39 in the neutral zone between the oversold region of 30 and the overbought region of 70. However, despite the neutral value, the RSI is rising, hinting a price increase ahead for the asset.

APT’s Moving Average Convergence/Divergence (MACD) is above its signal line, also expressing a bullish sentiment. The MACD’s Histogram bars are green, suggesting continuing the bullish trend.

However, APT is still trading below its 200-day SMA, expressing a bearish sentiment in the long term. it will likely continue its rally in the short term before a long-term retracement.

DeeLance (DLANCE)

DeeLance is a job marketplace for freelancers connecting them to quality work secured by blockchain technology.

$DLANCE is the platform’s utility token that enables users to access its exciting benefits, such as payment for services and other incentives like NFTs.

DeeLance offers freelancers practical solutions in an overcrowded job marketplace. It also relies on advanced blockchain security measures to protect its users.

Notable Features

DeeLance sets itself apart from regular job boards with its modern features.

Decentralized platform: DeeLance is not under the control of a single entity; it is fully decentralized, thereby giving its users equal opportunities.

Smart contracts: DeeLance uses secured smart contracts to process transactions between freelancers and clients on its platform. This makes contract execution fast and secure and protects the interest of all involved parties.

Transparency and reliability: DeeLance focuses on transparency and reliability to give its users assurance. All transactions conducted are saved on the blockchain. It enables clients and contractors to track their payments effectively.

Efficiency: DeeLance takes out the delay and rigorous job hunt process of traditional job boards for freelancers. It creates high-quality client-freelancer matches for the best results.

$DLANCE Ongoing Presales

DeeLance presales are ongoing and recording monumental success. 1 $DLANCE is worth $0.048, and this is the last stage of the exciting presale.

The presale is above the $1.55 million milestone out of its target of $1.8 million. A late accumulation phase has begun with less than two weeks left to conclude the presales.

$ DLANCE’s official listing price is set at $0.057, giving early investors opportunities to earn massive rewards. However, investors must research to find out the profit possibilities for $DLANCE once it lists in the crypto market.

Purchasing Guide

With Trust Wallet or Meta Mask, users can acquire $DLANCE tokens in simple steps:

Launch Trust Wallet on your device.
Open the Browser tab.
Paste the link to DeeLance’s official website: deelance.com, in the search bar.
Click on the search button and select enter
Once the website completes loading, click on the buy button.
Choose buy and link your wallet.
Select the DApp Wallet option, Trust Wallet or MetaMask are reliable wallet providers for this purchase.
Purchase DLANCE tokens with Ether (ETH) or Tether (USDT) after your connection is confirmed.
Select your payment method and input the number of tokens you wish to purchase.
Review the transaction details carefully before confirming the purchase.
The transaction is completed in seconds, and you will be notified of its successful conclusion to claim your tokens.

Stellar (XLM)

Stellar (XLM) is a peer-to-peer network that is decentralized and aims to connect the world’s financial systems providing a reliable protocol for financial institutions.

Stellar links people and banks enabling its users to create, trade, and send several types of cryptocurrencies. XLM (Lumens) is the intermediate currency for operations in the ecosystem and serves as transaction fee payment.

The protocol converts money into XLM and then to the currency requested by the user in a fast and efficient process. Stellar’s payment protocol relies on a distributed ledger technology that is open-source and community-owned.

XLM also facilitates cross-border transactions and low fees with improved speed. XLM focuses on assisting individuals to transfer money efficiently worldwide.

Also, Stellar maintains a high security level, with XLM holders mandated to hold at least one token to remain active on the network.

Stellar also serves as a decentralized exchange and marketplace with a functional order book that tracks ownership of stellar assets. Users can employ buy/sell orders on the platform and select their preferred assets for settlement.

Lumens protects the Stellar network from flood attacks by hackers, making micro-transactions too expensive for hacks with no chance of profit.

According to the developers, their target audience and focus group are developing countries and regular users enabling them to access the global economy through fast and cheap transactions. Its support for multi-currency transactions is one of its unique features.

XLM is facing price volatility today, losing about 5.91% of its gains in the last 24 hours and trading at $0.1269 at 11:00 AM EST. Its trading volume is also down by 23.025 in the last 24 hours.

XLM Suffers Retracement Today

XLM faces price volatility today, losing some of its early gains as the bears return to limit its price action. It is in the lower region of the Donchian Channel (DC), expressing a bearish sentiment.

Also, its RSI value is 60.45, close to the overbought region of 70. However, the RSI is retracing, also confirming the bearish sentiment.

XLM’s MACD is above its signal line, a bullish sentiment showing slight gains today. However, its Histogram bars are fading, hinting at a short-term price drop, a bearish signal. XLM will likely lose its price momentum till the bulls rally again to push it into another uptrend.

Aave(AAVE)

Aave is a decentralized finance protocol that enables users to lend and borrow crypto. Lenders earn interest when they deposit their digital assets into special liquidity pools, and borrowers can use their crypto as collateral to collect flash loans with this liquidity.

Aave originates from a Finnish word that translates to Ghost. It was originally called ETHLend before rebranding to Aave.

Aave gives its holders a discount on platform fees and serves as a governance token giving its owners a stake in the development of the protocol. Aave is one of the decentralized finance platforms to survive the crypto winter of 2022 due to its total value of crypto locked.

Also, borrowers on this platform can alternate between fixed and variable interest rates for repayment. Aave relies on Ethereum for its security which operates a Proof-of-Stake (PoS) consensus mechanism.

AAVE is volatile today, losing 3.99% of its price gains in the last 24 hours but retaining most of its gains in the past week. Interestingly, its trading volume is up by 7.62% in the last 24 hours.

Bears Return To Limit AAVE

AAVE is trading in a downtrend today, forming a third consecutive red candle on the daily chart with lower lows. Although the candle for today is still in the upper region of the Bollinger Bands (BB), its descent expresses a bearish sentiment.

Also, the RSI value is 56.02 in the neutral zone. However, the RSI indicator is descending close to the oversold region of 30, confirming the bearish trend.

AAVE’s MACD is dropping below its signal line, also a bearish signal. Its Histogram bars are fading from green, suggesting a bearish turn ahead. AAVE will likely continue its downtrend till the bulls’ rally again for a price recovery.

Algorand (ALGO)

Algorand is a decentralized blockchain-based network that is self-sustaining and supports diverse applications. It is secure, scalable, and efficient and supports computations that require reliable performance guarantees.

Algorand’s main aim is to boost transaction speed and improve efficiency in comparison to Bitcoin and other blockchain networks.

It relies on a Proof-of-Stake (PoS) blockchain protocol for its security. Algorand funded a $10 million grant to Applied Blockchain to build the London Bridge.

The London Bridge is a trustless Bridge that enables Ethereum compatibility on the Algorand blockchain. Algorand struggled with liquidity despite its noble plans to effectively scale blockchain transactions.

However, the bridge with Ethereum will likely attract more DApps to the ecosystem and enable interconnectivity. This process will likely attract more liquidity in the long term for the Network.

Algorand aims to have verification of other chains performed on Algorand smart contracts utilizing state proofs such as Compact Certificates in the Algorand Consensus.

The Algorand Foundation, in the long-term, hope to improve the DeFi ecosystem on the network and attract more liquidity.

Also, Algorand uses a special kind of Proof-of-stake called Pure-proof-of-Stake (PPoS). It is a highly democratic Proof-of-Stake consensus method with minimal staking requirements for network participation and security.

Only 1 ALGO token is the requirement for staking relatively low in comparison to Ethereum’s minimum stake requirement of 32 ETH.

However, a lower minimum stake might have negative consequences on overall network security since the network users might not behave properly based on their minimal stakes.

Algorand uses validator nodes chosen randomly to confirm transaction data in a block based on its PPoS system. The PPoS consensus mechanism uses a two-phase block manufacturing procedure called proposing and voting.

Users that stake ALGO establish a valid participation key and can participate in the proposing and voting procedure. A relay node is vital to this setup. It is a communication node on the Algorand network for effective relay among participation nodes. However, the relay node is not actively engaged in proposals or voting.

Also, block producers receive ALGO tokens as rewards every 10 minutes as an encouragement for more stakers to join the platform and boost decentralization. Also, users must not lock their coins while participating in the block validation and manufacturing process.

ALGO is trading at $0.1201 at 11:05 EST, with a 1.95% increase in its price in the last 24 hours. Also, its trading volume is up by 77.68% within the same period.

Bulls Return To Boost ALGO’s Price

ALGO is trading in an uptrend today, forming a third consecutive green candle on the daily chart. Its RSI value is 50.44 in the neutral zone. However, the RSI is moving upwards, showing bullish momentum for the asset.

ALGO’s MACD is slightly above its signal line and shows negative values. It implies that the bulls are returning to the market. However, a retracement is likely at some point. Also, the MACD’s Histogram bars are green, reflecting the bullish pressure.

However, ALGO is still trading below its 50-day and 200-day SMA despite the positive outlook today. Its upper wick on the candle today is breaking above the 50-day SMA, a short-term bullish sentiment.

However, it is far below the 200-day SMA expressing a long-term bearish sentiment. ALGO will likely hold unto its gains in the short term before a long-term retracement.

yPredict (YPRED)

yPredict is a platform backed by AI technology that provides trading insights and assistance to its users to maximize profit. It gives its developers a reliable and secure platform to market their superior trading models for personal profit.

Also, yPredict empowers small-scale traders to compete with the whales and institutional players in the crypto market. It protects traders from issues such as market manipulation and wash trading.

YPRED is the native token on this platform that unlocks full access to yPredict’s exciting features for users. yPredict’s features make it one of the top presales in 2023, latching on to the recent surge in AI adoption.

Features Of yPredict

yPredict users that possess YPRED tokens will benefit from features such as,

AI-backed Signals And Predictive Models: yPredict offers its users signals with a reasonable percentage of accuracy. This empowers users to make more informed trades for profit and is most beneficial for beginners.

Although the signals are not 100% accurate, they greatly increase the margin of success of traders and reduce the losing trades.

Also, yPredict offers AI developers a platform to market their predictive models built for trading purposes. The platform only accepts models from the top 1% of AI experts worldwide to ensure quality.

Analytics: Mastery of trading and its rudiments, such as technical analysis, could be quite challenging for most traders.

yPredict offers its users sentimental analysis protecting them from rug pulls and scam projects that could wreck their investment portfolio. This analysis also boosts the profit margin of traders who benefit from the AI-backed service.

Also, yPredict’s AI suggests the best indicators suitable for trading each crypto token, also ensuring trading efficiency.

yPredict’s Chart Recognition Tool: The chart recognition tool identifies over 25 chart patterns for several cryptocurrencies.

These charts provide vital statistical data for proper market analysis, further empowering traders for profit.

Staking For Passive Income: Staking serves as a generator of passive income within the ecosystem for users who stake their YPRED tokens for extra rewards.

Users earn from their stakes and also control the circulating supply, thereby reducing the chances of inflation and loss of value.

Innovative Learn-to-Earn Model (L2E): YPredict gives its users educational opportunities through its Learn-to-Earn (L2E) model. Here users earn YPRED tokens for participating in and completing education modules, which is also an incentive on this platform.
Advanced Backlink estimator and keyword tool: yPredict comes with a backlink estimator and keyword tool taking analytics a step further.

These tools help users’ backlink count, giving users access to data concerning their market competitors and their trading habits.

yPredict’s editor provides vital keyword suggestions for crypto trading and analytics. Keywords make it easier for users to jump on trends in real-time. Consequently, users will launch crypto-related searches relevant to their interests.

YPRED Presales

YPRED is currently on presale, with each token worth $0.1 with $0.11 as the next price target, which will yield paper returns of 11.11% for initial investors.

YPRED’s listing price is $0.12, and the presale is above $3.01 million out of its target of $4.58 million at this stage. YPRED operates on the Polygon network and can be acquired in simple steps.

Connect your crypto wallet.

Go to your MetaMask or Trust Wallet app and visit the yPredict officer website using the wallet’s inbuilt browser. Click on Connect, select the app from Connect Wallet, and click Approve.

Choose payment method

Select your preferred purchase method. You can purchase YPRED tokens with ETH, BNB, USDT, MATIC, or bank cards).

After that, input the amount of currency or token and click on buy now. Accept the transaction in your crypto wallet.

Confirm your balance from the dashboard.

Once the transaction is complete and confirmed, click Connect Wallet to check the current token balance.

Claim your tokens

After the presales, you can connect your crypto wallet and click on Claim Tokens to accept the transactions.

Wall Street Memes (WSM)

Wall Street Meme (WSM) is a project aiming to tokenize the memecoin culture creating wealth for its followers. It wages war against capitalism and market monopoly, giving a voice to the regular and small-scale traders to have a token they can call their own.

The projects originate from the now infamous GameStop Fiasco of 2021 and the legacy created by the brave Wall Street Bets Heroes. It embodies the internet triumph over capitalism, promoting the mantra that Greed is good, a statement from Gordon Gekko in the 80s.

Gekko amassed a fortune trading useless stock, and over 30 years later, memecoins are replicating the same success he enjoyed.

Digital assets now enjoy more relevance as traditional financial systems face stress from macroeconomic issues such as inflation. Wall Street Meme optimizes blockchain technology for decentralization, transparency, and security.

The long-term vision is beyond just being a cryptocurrency; the developers aim to create a portal where users can exchange goods, services, and branded merchandise.

Top Features of Wall Street Memes

Wall Street Meme (WSM) offers its users access to several exciting features. They include:

Decentralized finance: Users get to control their financial destiny as WSM, its utility token, is decentralized and held in self-custody wallets.
Meme-based activities: Users participate in exciting activities such as meme creation contests and interactions with other users exchanging memes. This creates a fun community and boosts the utility of the token.
Blockchain technology: Wall Street Meme harnesses the power of blockchain technology to reward its users. Also, users enjoy security backed by advanced cryptographic techniques.
Community-Based approach: All crypto projects rely on their community for success. Wall Street Memes enjoys massive followership from the crypto community due to their people-friendly approach.

The platform empowers regular traders with memecoins that will likely reward them, thus creating excitement in their community.

An Exciting Presale

The Wall Street Memes (WSM) began on May 26 and exceeded expectations due to rising figures of the presale showcasing massive accumulation.

The $WSM presale is currently at $15.28 million out of its target of $15.44 million with a few hours to a price increase. 1 WSM is worth $0.316, which will move to $0.319 soon.

How to Buy Wall Street Meme Token

Investors can purchase these Wall Street Memes using ETH, BNB, USDT, or bank cards.

Go to the official website, and click on Buy Now.
Transfer BNB or ETH to your crypto wallet and swap for $WSM.
Also, investors may opt for $SWM tokens using USDT, either – ERC-20 or BEP-20. You can select the USDT option and swap a specified amount.
Also, clicking on the card option will give users access to purchase $WSM tokens.

Investors must act fast as there is limited time left for the presales, and its conclusion draws near.