{"id":403153,"date":"2023-05-29T17:09:51","date_gmt":"2023-05-29T17:09:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=403153"},"modified":"2023-05-29T17:30:34","modified_gmt":"2023-05-29T17:30:34","slug":"top-crypto-gainers-today-may-29-inj-mask-wsm-ecoterra-ypredict-cake-launchpad-deelance","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-may-29-inj-mask-wsm-ecoterra-ypredict-cake-launchpad-deelance","title":{"rendered":"Top Crypto Gainers Today, May 29 \u2013 INJ, MASK, WSM, Ecoterra, yPredict, CAKE, Launchpad, DeeLance"},"content":{"rendered":"

Many crypto assets are bullish today, recording increased prices and new milestones. Some include INJ, MASK, WSM, Ecoterra, yPredict, CAKE, Launchpad, and DeeLance. <\/span><\/p>\n

Irrespective of the numerous factors that impact the prices of cryptocurrencies, these coins are experiencing dramatic price surges today, May 29. <\/span>Moreover, several indicators hint at the high growth potential for these cryptocurrencies. <\/span><\/p>\n

Injective (INJ)<\/b><\/h2>\n

Injective<\/span><\/a> is an interoperable layer-1 blockchain developed for finance and DeFi applications. Its native token, INJ, powers all transactions and activities on the blockchain.<\/span><\/p>\n

INJ is showing a price increase today compared to its record on May 28. It is trading at $7.5233, a 10.99% increase at the time of writing. <\/span>Considering the token’s utility on the Injective blockchain, INJ could become a high-potential token in the crypto market.<\/span><\/p>\n

INJ’s Price Outlook with Technical Indicators<\/b><\/h3>\n

The Moving Average Convergence\/Divergence (MACD) of INJ is above the signal line, representing its current bullish trend. <\/span>Also, considering the bold green bar on the histogram, INJ could gain more prices before the trade closes.<\/span><\/p>\n

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Source: TradingView.com<\/figcaption><\/figure>\n

Its Relative Strength Index (RSI) is 59.87, representing a neutral market position. However, the upward movement of the RSI suggests the possibility of entering the overbought zone above 70, increasing INJ’s value in the market before a trend reversal.<\/span><\/p>\n

Notably, INJ is trading bullish above its 50-Day and 200-Day Simple Moving Average (SMA). As such, it’s prone to enjoy more BUY trades in the short and long term.<\/span><\/p>\n

Mask Network (MASK)<\/b><\/h2>\n

Mask Network<\/span><\/a> is social media protocol that allows users to share encrypted messages and posts on social media platforms like Facebook and Twitter. <\/span>At the heart of this protocol is the utility token, MASK, that connects the internet with the decentralized network.<\/span><\/p>\n

Considering the increasing activities on the Mask Network, high MASK token demand could be one of the factors boosting its value in the market. <\/span>Today, MASK is up by 8.51%, trading at $4.778 as of the time of writing. Several indicators suggest a prevalent bullish trend for the crypto.<\/span><\/p>\n

Technical Indicators Hint At Long-Term Bullish for MASK<\/b><\/h3>\n

MASK’s Moving Average Convergence\/Divergence (MACD) is above the signal line representing the crypto’s bullish trend. <\/span>The bold green bar on the histogram suggests more price rallies for MASK, causing it to trade between $4.7 and $4.9 in the long run.<\/span><\/p>\n

Furthermore, its Relative Strength Index (RSI) is at 59.24, a neutral market position with an upward pattern. As such, MASK will likely reach overbought above 70 during its trade.<\/span><\/p>\n

\"MASK\"
Source: TradingView.com<\/figcaption><\/figure>\n

With MASK trading above its 50-Day and 200-Day Simple Moving Average (SMA), it’s prone to short and long-term bullish irrespective of potential price fluctuations.<\/span><\/p>\n

Wall Street Memes (WSM)<\/b><\/h2>\n

Wall Street Memes is a <\/span>new meme crypto project<\/span><\/a> offering its utility token, $WSM, for a discounted presale price. <\/span><\/p>\n

WSM presale commenced three days ago and has raised $953,724 in the short term. This shows the increased interest level of investors for the project.<\/span><\/p>\n

Considering its presale performance and Elon Musk’s multiple engagements on Twitter, many crypto enthusiasts expect the project to be 10x soon. <\/span>The current presale price for the $WSM token is $0.0253 and is set to increase to $0.0256 in the next two days. <\/span><\/p>\n

The presale has 30 stages wherein the token’s worth will increase in each new stage and sell for $0.0337 in the last stage.<\/span><\/p>\n

Interested investors can visit the presale site to scoop as many WSM tokens as they want ahead of the potential price increase.<\/span><\/p>\n

According to the project’s roadmap, the $WSM initial exchange offering will commence in the fourth quarter of 2023.<\/span><\/p>\n

Considering Wall Street Memes’ <\/span>mission statement<\/span><\/a> to make investors rich from meme cryptos, WSM could become another project with 10x potential.<\/span><\/p>\n

Ecoterra (ECOTERRA)<\/b><\/h2>\n

Ecoterra’s token presale price ECOTERRA<\/a> has increased to $0.0085, boasting over $4.4 million in funds raised in its ongoing presale campaign.<\/span><\/p>\n

As a green crypto project, facilitating cleanliness in the environment using gamification, Ecoterra could become a big project in the crypto space.<\/span><\/p>\n

Its revolutionary Recycle2Earn concept encourages individuals and companies to fight climate change and pollution while rewarding them with $ECOTERRA<\/a>.<\/span><\/p>\n

Through its innovative mobile app, users can locate nearby reverse vending machines (RVMs) and scan recyclable items and utility bills for carbon offset. <\/span>They can also access Ecoterra’s Carbon Offset Marketplace and Recycled Items Marketplace to purchase products made from recycled items.<\/span><\/p>\n

Considering the numerous utilities of the ECOTERRA token, crypto enthusiasts expect it to have a higher price growth potential, making it a rewarding investment option.<\/span><\/p>\n

Notably, the ECOTERRA presale is in stage 7, with 2 more stages left. At the end of the presale, the token will list on exchanges at $0.01 and will spike as its demand increases. As such, early investors are entitled to massive paper gains in return.<\/span><\/p>\n

yPredict (YPRED)<\/b><\/h2>\n

$YPRED has reached a new milestone of $1.8 million in its presale, selling for $0.09. With a few more presale stages remaining, $YPRED is set to list at $0.12 on its initial exchange offering. <\/span>As a native utility token, $YPRED holders will make the most of their trading experiences on yPredict.<\/span><\/p>\n

As the name implies, yPredict<\/a> is an AI-driven ecosystem with numerous tools built for precise predictive models. <\/span>In other words, it’s an all-encompassing platform that provides analysts, quants, traders, and even developers with automated tools for their work.<\/span><\/p>\n

yPredict combines two crucial worlds (Artificial intelligence and crypto) to devise a state-of-the-art tool that helps users get an edge in the crypto market. <\/span>Through the project’s AI-driven all-in-one platform, users can access AI signals for real-time trading signals. <\/span><\/p>\n

They can also access sentiment and technical analysis for several cryptocurrencies on the platform. <\/span>With the Chart Pattern Recognition feature, users can shortlist their preferred coins and allow AI to detect the most promising patterns.<\/span><\/p>\n

Irrespective of the services and features on yPredict, only $YPRED holders can access the platform’s key features. <\/span>Also, they can use their token to pay for monthly subscriptions on the platform to access predictive models on the yPredict Marketplace.<\/span><\/p>\n

PancakeSwap (CAKE)<\/b><\/h2>\n

PancakeSwap is a decentralized finance app (DeFi app), an automated market maker (AMM). <\/span>It enables users to swap their tokens, providing liquidity through farming and fees reward.<\/span><\/p>\n

Its utility token, CAKE, is performing tremendously in the crypto market. <\/span>Today, May 29, 2023, it is <\/span>trading at $1.75<\/span><\/a>, a 12.25% price increase at the time of writing. <\/span>While some indicators represent bearish signals for PancakeSwap (CAKE), others tip at the crypto to record new prices on its historical data.<\/span><\/p>\n

CAKE Set to Gain Amid Price Weakness on its Chart<\/b><\/h3>\n

PancakeSwap (CAKE) has its Moving Average Convergence\/Divergence (MACD) above the signal line, representing the crypto’s price increase during its trade today.<\/span><\/p>\n

Also, the bold green bar on the histogram suggests more price rallies for CAKE, causing it to trade between $1.7 and $1.9 before the day ends.<\/span><\/p>\n

Meanwhile, CAKE’s Relative Strength Index (RSI) is at 34.60, a neutral market position between the oversold below 30 and the overbought zone above 70.<\/span><\/p>\n

\"Crypto\"
Source: TradingView<\/figcaption><\/figure>\n

CAKE also trades below its 50-Day and 200-Day Simple Moving Average (SMA), a short and long-term bearish representation. <\/span><\/p>\n

The 200-Day SMA is above the 50-Day SMA, indicating CAKE’s price weakness. However, considering the upward movement of the RSI, CAKE is prone to more BUY trades which could drive it to the overbought zone. <\/span><\/p>\n

Launchpad XYZ (LPX)<\/b><\/h2>\n

The $LPX token presale is one of the hottest presales of the year, selling out rapidly and <\/span>raising over $780K<\/span><\/a> in the short term.<\/span><\/p>\n

The $LPX token is the primary currency and utility token powering transactions and other activities on the revolutionary web3 hub, Launchpad XYZ<\/a>.<\/span><\/p>\n

As such, it’s dramatically attracting investors while projecting a promising price outlook in the nearest future. <\/span>Considering the numerous utilities of LPX<\/a> on the web3 platform, it could become a high-potential token once it hits the crypto market officially.<\/span><\/p>\n

With the token, users can unlock key features on Launchpad XYZ, which include the Trading Edge, Decentralized Exchange (DEX), and the Trading Terminal. <\/span>These features are designed to make web3 enthusiasts successful while navigating the complete tools of web3 in a simplified dashboard.<\/span><\/p>\n

Thus, users will be able to learn about new presale projects before they explode, giving them a great opportunity to grab the presale in its early stage. <\/span>With an all-in-one dashboard, users can access market insights, in-depth analytics, news, and even market sentiments in one place.<\/span><\/p>\n

DeeLance (DLANCE)<\/b><\/h2>\n

The DLANCE token presale<\/a> has raised $1,144,227 million in its fundraising campaign. As of today, May 29, the token sells at $0.033 but will increase to $0.038 the next day. <\/span>DLANCE is the primary currency and utility token for the ground-breaking freelancing platform, DeeLance.<\/span><\/p>\n

Holders of the $DLANCE<\/a> are entitled to several services on the platform, including billboard advertisements, purchasing office space, and renting or leasing office space. As such, it’s a valuable utility-infused token. <\/span><\/p>\n

Also, when freelancers complete jobs from various employers, they receive the DLANCE token in return, ensuring transparency and genuineness on the DeeLance freelancing platform.<\/span><\/p>\n

Since DeeLance operates on blockchain technology and smart contract audit, it’s difficult for scammers to manipulate the site or even its users, thus making it a more secure and safe option for freelancers.<\/span><\/p>\n

Also, by implementing an NFT backing concept in its development, DeeLance assures users’ protection, providing them full rights to their work on the platform.<\/span><\/p>\n

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