Top Crypto Gainers on 24 July – APE, TWT, CSPR, And XEC

The global crypto market capitalization stands at $1.22 trillion today, with a 1.97% change in 24 hours and an 11.06% in the year-to-date standings. 

Bitcoin still leads the market with a market cap of $566 billion and a dominance of 46.6%. Bitcoin is trading below $29,168 at 10:14 am EST. Its decline below $30,000 has negatively affected the global crypto market outlook since most altcoins correlate with BTC.

However, despite the general retracement today, some cryptocurrencies still made the list of top gainers. These tokens enjoy greater investor interest based on sentiment or utility. 

As such, they leverage the activities within and outside their ecosystem to post notable price returns. 

ApeCoin (APE)

ApeCoin is the governance and utility token built on the ERC-20 standard within the Ape ecosystem. It serves as a decentralized protocol layer for community initiatives within the Metaverse. 

Yuga Labs, the Web-3 company behind the successful Bored Ape Yacht Club NFTs, are the developers of this project. This implies that APE coin has the potential also to enjoy success like the NFT franchise.

The success of its NFTs is partly the driving force behind its rising acceptance based on investors’ sentimental trust for the brand over time.

The Ape DAO runs the decentralized and community-led governance model on the platform. ApeCoin is secured by Ethereum’s blockchain. APE price is $2.07 at 9:57 am EST, exhibiting price volatility. However, its trading volume is up by 85.98% in the last 24 hours.

The recently published transparency report might be behind the recent price surge as investors receive much-needed reassurance for APE tokens. 

APE Facing Bearish Pressure

APE is trading in a sideways trend as the bears return to halt its recent price rally. It is trading in the upper region of the Donchian Channel (DC), expressing s bullish sentiment. However, the red candle forming today shows that the bears are intent on limiting its price.

Also, the Relative Strength Index (RSI) value is 46.98 in the neutral region between the oversold region of 30 and the overbought region of 70. However, the RSI is moving sideways, indicating the current trend on the chart today. APE’s Moving Average Convergence/Divergence (MACD) is above its signal line, expressing a bullish sentiment. 

However, the MACD’s Histogram bars fade from green, indicating the bears’ return to the market. APE will likely retrace in the short term before a long-term recovery. 

Trust Wallet Token (TWT)

Trust Wallet token is a BEP-20 utility token specially designed for Trust Wallet users. These tokens grant users access to numerous benefits, such as discounts on in-app crypto purchases and access to decentralized exchange (DEX) services. 

TWT is one of the first tokens to launch on the Binance blockchain and provides additional value to Trust Wallet users. It relies on the Proof-of-Stake (PoS) mechanism for its security.

Its recent surge might be due to the recent transfer function from Gate.io to Trust Wallet. Users can install Trust Wallet on mobile or desktop devices. 

The bottom line is that Trust Wallet users are the ultimate beneficiaries of this network’s new innovations and developments since they reflect in the wallet app.

TWT’s price is $0.908 at 11:09 am EST, indicating a gain of 5.0% in the last 24 hours with a 409% increase in its trading volume. Also, its 7-day high is $0.933.

TWT Crosses 50-Day SMA

TWT is trading in an uptrend today, forming a fourth consecutive green candle on the daily chart and moving above its 50-day SMA. It is a short-term bullish sentiment suggesting further price increases in the coming days for the token. 

Also, its RSI value is 61.31, close to the overbought region of 70 and rising, confirming the bullish trend. TWT’s MACD is above its signal line, also expressing a bullish sentiment confirmed by the green Histogram bars and at full strength. 

Despite the positive signals, TWT remains below its 200-day SMA, hinting at a long-term price correction. However, it will likely rise to the overbought region before it retraces. 

Casper (CSPR)

Casper Network is an L-1 multi-purpose blockchain similar to Ethereum built on a Proof-of-Stake (PoS) consensus mechanism.  Its main targets are enterprise and institutional clients, motivating them to adopt blockchain technology. 

CSPR is the governance token of the Casper Network that serves as a reward system for validators and processes payments on the network. CSPOR has no fixed supply but is inflationary and designed to incentivize network security. 

Casper offers its users exciting benefits listed below:

Developer’s Hub: Casper supports WebAssembly (WASM) rather than a new coding language like other blockchains. Based on its design, any software developer can build applications directly without learning a new programming language. |
User-Friendly Policies: Casper adopts an optimized fee or gas model that is stable even with high network use. 
Permissionless And Flexible Framework: Casper enabled enterprises and businesses to build Permissionless and permissions apps. It encourages greater flexibility and incorporates the privacy of private networks with the security of public networks. 
Upgradable: Casper supports on-chain smart contracts upgrades eliminating the need for complex procedures. 

This effective framework has attracted the attention of several projects such as Metis and L2 project building on Casper and focused on creating Decentralized Autonomous Companies (DACs).

Casper’s developer’s reward program might be driving the recent price surge observed in the CSPR token.

Bears Return To Test CSPR’s Resolve

CSPR is in a downtrend today, forming s second consecutive red candle on the daily chart. It is dropping from the upper region of the Donchian Channel into the lower region as the bears re-enter the market.

However, its MACD is above the signal line and displaying s bullish sentiment, confirmed by the Histogram bars that are on green. 

Also, the Stochastic Oscillator is at 65.66, close to the overbought region of 80. However, the fast RSI of the Oscillator is dropping and hinting at a price reversal ahead. 

CSPR will likely retrace in the short term before the bull’s rally again to force a price correction to the upside.  

Zcash (XEC)

Zcash is a decentralized cryptocurrency focused on privacy and anonymity for its users. It relies on the zk-SNARK technology enabling nodes on its network to verify transactions without exposing sensitive information. 

It keeps its transactions‘ sending and receiving addresses hidden but can reveal this data for regulatory compliance and audits.  XEC, its native token, is up 7.9% in the last 14 days and 5.4% in the past month.

Bears in Control Of XEC’s Price

XEC is in s downtrend today, trading in the lower region of the Donchian channel and exhibiting a bearish signal.

Its RSI value is 47.58 in the neutral zone but descending to the oversold region 30 and expressing a bearish sentiment. XEC’s MACD is below its signal line, confirming the return of the bears and the dominance of short positions in the market today.  

Also, the Histogram bars are red, confirming the bearish trend. XEC will likely shed some of its earlier gains till the bulls rally again at its closest support. 

Thug Life ($THUG)

Thug Life ($THUG) is a hip project representing the street lifestyle and hustle backed by blockchain technology. $THUG its utility tokens rely on the internet lifestyle of memes and fun crypto activities to create a reward system for users. 

It seeks to revive investors who previously fell victim to crypto scams and Ponzi schemes, rewarding them with investment opportunities for profit.

The project features popular rappers and hip-hop icons such as Snoop Dogg and 50 Cent. The massive viewership and subscription these rappers enjoy could positively affect Thug Life and send it to the moon shortly.

However, the presales offer the best opportunity for early investors to accumulate massive amounts of tokens. 

Top Features

Thug Life users can take advantage of its exciting features listed below. 

Transparency: Thug Life developers built the ecosystem on trust and transparency, keeping it open source and reliant on a blockchain. 
Liquidity Pool: Also, Thug Life stores its liquidity for a minimum lock period of 3 months to preserve its long-term value and prevent mass token dumps. Additionally, 70% of the total supply goes to early investors during the presale round. 
Thug and Hip Lifestyle: Thug Life tries to correlate the success of hip-hop with its project since hip-hop enjoys massive followership worldwide.
Community-Based Project: Thug relies on the strength of its community to fulfill its goals outlined in its roadmap.

$THUG Under Massive Bearish Pressure

THUG is in a downtrend on the 15-mins chart as it struggles with pressure from the bears. It is trading below the 50-day and 200-day SMA confirming a bearish trend for the coming days.

Its early rally has cooled off as investors now look for a more measured approach to trading the tokens. Its RSI value is 25.20 in the oversold region below 30 and still falling. It is a strong bearish sentiment for the token, hinting at a possible downtrend. 

Although its MACD is slightly above the signal line, the Histogram bars fade from green, suggesting a bearish turn ahead for the asset. It will likely continue its descent till the bulls’ rally when it rests on its nearest support level. 

Wall Street Memes ($WSM)

Wall Street Meme (WSM) is a memecoin project primed to turn worthless memecoin into a channel of wealth for investors.

It combats the capitalist society and monopoly of big investors to give small investors a fair chance in the crypto market. Wall Street Meme draws inspiration from the GameStop Fiasco of 2021 and the now famous Wall Street Bets Heroes.

It believes that the internet’s triumph over capitalism based on Greed is a good mantra promoted by Gordon Gekko, a trader in the 80s. Gekko got rich trading worthless stocks and inspired Wall Street memes to duplicate these results in the modern era.

Digital assets are growing more popular and enjoy worldwide adoption. They are more effective than traditional finance systems that contend with inflation. Wall Street Memes is backed by advanced blockchain technology and is decentralized, transparent, and secure.

It aims to move its project from mere tokenization to a financial system that securely grants users access to exchange goods and services.

Key Features

Wall Street Meme (WSM) gives its user access to exciting features listed below.

DeFi services: Users control governance and hold access to their tokens on the platform, making it truly decentralized.
Thriving community: The community growth is reflected in the rising presale figures as more investors scramble to get in early on the project.
Blockchain Framework: Wall Street Meme relies on a secure blockchain to protect users’ assets, data, and identities from hacks and dangerous elements.

Presales Moving To Next Round

The Wall Street Memes $WSM presale is one of the hottest events in the crypto space in 2023, with many investors scrambling to join early presale rounds. 

The presale is above $17.48 million and approaching its target of $18 million today, July 24. 1 WSM token is worth $0.322, and a price increase to $0.0325 is set for the next stage.

How to Buy

Investors can select the best method to purchase Wall Street Memes tokens with either USDT, ETH, BNB, or bank cards.

Go to the official website, click on Buy Now.
Transfer ETH or BNB to your crypto wallet for the $WSM swap.
You can also purchase these tokens with USDT, either ERC-20 or BEP-20. Select the USDT option to swap for a specific amount.
Select the bank card option to enter the $WSM presale page and purchase directly from your bank using the card option.

Investors are racing against time to take advantage before the next price increase occurs. Also, WSM offers its early investors guaranteed paper rewards once its lists and trades on the open market.

yPredict (YPRED)

yPredict is an AI-powered platform giving users useful trading insights and assistance to maximize trading profit. It provides developers a safe and reliable venue to promote their elite trading models and make individual gains from their sales.

Also, yPredict offers small-scale traders the tools to compete in the crypto market against institutions and whales. Trades are protected from problems such as market manipulation and wash trades. 

YPRED, the platform’s native token, grants users’ full access to yPredict’s features. Due to its utility, yPredict is among the top presales in 2023, capitalizing on the recent boom in AI adoption.

Features Of yPredict

Users of yPredict who own YPRED tokens will gain access to features like, 

Top Signals and AI-Backed Predictive Models: yPredict gives its consumers signals with high accuracy. It benefits beginners by giving consumers the ability to execute more profitable deals. 

Although these signals have a reasonable margin of error, they improve traders’ chances of success and reduce the number of failed trades.

Also, yPredict gives AI developers the right platform to promote their predictive models. To maintain its high standard, the platform accepts models only from the top 1% of AI specialists worldwide.

Deep Analytics: Most traders might find it difficult and time-consuming to master trading and its fundamentals. 

Users of yPredict benefit from sentimental analysis, protecting them from rug pulls and financial disasters. This feature helps to increase their profit margin and simplifies trading even for beginners. 

Also, the best indicators for trading each crypto coin are quickly suggested by yPredict’s AI for trading efficiency.

Best Chart recognition tool: This tool recognizes over 25 different chart patterns for various cryptocurrencies.

These graphs provide vital statistical information for deep market analysis, enabling traders to profit.

Staking Feature: Users can stake their YPRED tokens for further rewards and receive passive income for their participation in network security.

Users’ maker profit from staking and can influence the YRED currency in circulation, reducing the inflation and loss of value.

Innovative Learn-to-Earn Model (L2E): YPredict’s Learn-to-Earn (L2E) model rewards users for engaging in trader education. Users collect YPRED tokens as rewards for studying educational modules and completing the courses.
Advanced Backlink estimator and keyword tool: yPredict has a backlink estimator and keyword, increasing the standard for its traders.

These tools improve users’ backlink count giving them access to data concerning their market competitors and improving trading patterns.

Also, yPredict’s editor gave vital keyword suggestions for crypto trading and deep analytics. 

Keywords make it easier for traders to jump on trends in real-time. Consequently, users can process searches relevant to their trading interests fast and efficiently.

YPRED Presales

YPRED’s presale is ongoing, with each token worth $0.1 per token with a price increase to $0.11 in the next price target, rewarding initial investors 11.11% of their original stakes.   

YPRED will list at $0.12, and the presale is above $3.13 million out of the $4.58 million in the current stage. 

How To Buy

YPRED operates on the Polygon network and can be acquired in simple steps. 

Connect your crypto wallet

Choose your MetaMask or Trust Wallet app and visit the yPredict officer website from the wallet’s inbuilt browser. Connect, select the app from Connect Wallet, and Approve.

Select your preferred purchase method. Use either ETH, USDT, BNB, MATIC, or bank cards.

Input the amount of currency or token and select Buy Now. Accept the transaction from your crypto wallet.

Confirm your wallet balance

Once the transaction is completed, click on Connect Wallet and check the token balance.

After the presales, connect your crypto wallet and Claim Tokens to collect your YPRED tokens. 

Evil Pepe (EVILPEPE)

Evil Pepe is a new memecoin project related to the $SPONGE team, according to rumors, the token that also sparked the memecoin rally in 2023.

The inner voice drives traders to keep investing in memecoins despite previous losses to make a profit. It pitches funny ideas like mortgaging your assets to buy more memecoin tokens. 

Evil Pepe is community-based, with 90% of its token supply available during its presale stages. The other 10% is stored as DEX liquidity for one month when it eventually launches on the Ethereum blockchain.

$EVILPEPE promises to maintain a uniform presale price uniform at $0.000033, unlike other projects that catch users unawares with sudden price spikes. 

Interestingly, there is no special token allocation for the development team; therefore, any massive shorts by whales hoping to cash in on large holdings will likely not occur on the network. According to the whitepaper, the team hopes to get $EVILPEPE to attain a market cap of $100 million. 

They hope to reach this goal by forming alliances with influential meme-creators and the most-wickedly creative minds in the memecoin space. Attaining a $100 million market cap translates to 50x rewards to Evil Pepe Coin presales buyers. 

Final Thoughts

Today’s top gainers benefit mainly from rising investors interest and adoption translating to a price increase. Also, exciting presale projects can allow investors to get in early on to the next potential bloomer in the crypto space. 

The memecoin rally in 2023 has spiked FOMO levels in the market to an all-time high, with investors looking for the next $PEPE or $SPONGE. Most crypto projects reward investors with their roadmap and sense of urgency in achieving their goals.

Ultimately, utility and personal investor sentiments drive a token’s adoption rate. However, some new projects will likely outlast others since they have gone beyond just being meme coins to providing utility. However, the crypto market is highly volatile, and price gains can quickly turn into losses if traders change their sentiments.

Therefore, the best approach is to trade with a stop-loss and proper risk management techniques. More importantly, never invest more than you can afford to lose.

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