Top Crypto Gainers – IMX, CSPR, ICP, BTC20, Launchpad XYZ 

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Today’s global crypto market cap is $1.23 trillion, with a decline of 0.62% in the last 24 hours. Bitcoin also retraced slightly today with a total market cap of $568 billion, and a dominance of 46.32%.

Altcoins are today’s top gainers, benefiting from positive ecosystem developments. Ultimately investor adoption and trade sentiment influence the prices of cryptocurrencies. 

There are also some tokens in their presale stages garnering investors’ attention and selling out very fast. Keep reading to find them below.  

Immutable (IMX)

Immutable, a layer-2 scaling solution for NFTs on Ethereum that improves scalability and liquidity, emerged as one of the top gainers today.

 Its price trajectory hinges on the latest ecosystem developments and events, including the exchange listing announcement by Upbit and some strategic partnerships.

South Korean crypto exchange Upbit announced plans to list $IMX tokens. However, it will only accept IMX deposits from the Ethereum network. Data from TokenInsight reveals that the announcement caused a spike in IMX’s price by 11.10%. 

Also, Weracle, the Singaporean developer of the popular mobile game, Endless Frontier, is preparing to launch its latest game, E.F. Defense, on Immutable.

According to a Tweet from Immutable’s team, Endless Frontier, a play-to-earn (P2E) game with captivating visuals and Web3 compatibility, has over 30 million downloads raking in $80 million in revenue. 

The E.F. Defense game, which is the latest release, is already live on iOS and Android and will likely receive a significant boost from the upcoming blockchain integration.

Also, Immutable announced a partnership with Helika Analytics on July 27. The aim is to provide Immutable with quality analytics to optimize in-game experiences.

These analytics include programmatic economy balancing, wallet targeting and activation, and live operations tooling. Helika Analytics hopes to assist Immutable in realizing its vision of simplifying Web-3 games and digital ownership for users. 

These updates are contributing factors to the token’s positive price action. IMX is trading at $0.776 at 8:57 EST with a 7.2% gain on its price in the last 24 hours. 

IMX Bulls Re-enter the Market

Crypto
Source: Tradingview.com

IMX is under bearish pressure despite forming a green candle today as the bulls re-enter the market. It is trading close to the lower Bollinger Band, depicting pressure from sellers.

Also, its Relative Strength Index is 40.52, in the neutral zone between the oversold and overbought region and moving upwards, which hints at a possible recovery ahead. 

IMX’s Moving Average Convergence/Divergence (MACD) is below its signal line, suggesting that the sellers still control the market.  Nevertheless, the Histogram bars fade from red, suggesting a possible bullish trend reversal.

IMX will likely rally in the coming days before the bears force another retracement.

Casper (CSPR)

Casper is a Proof-of-Stake (PoS) blockchain built on the Casper CBC specification. Its goal is to drive blockchain technology expansion, smart contracts, and DApps utility worldwide. 

Casper, on July 28, announced the release of Casper Signer v1.4.28. The new version will add support to some important domains that will introduce an NFT marketplace and other services to the Casper ecosystem. This announcement is likely the reason behind its positive outlook today, as more investors acquire the CSPR tokens. 

Also, on July 19, Casper Labs’ V.P. of Global Communications, Matt Coolidge, announced the developer’s plans to tokenize and list equity shares on the INX platform. 

Coolidge noted that it is an exciting milestone for Casper Labs and privately held companies that seek to open new opportunities previously available to a select group of institutions. 

The listing of Casper Lab’s equity on INX.One is scheduled for September 2023, enabling buyers to sign up for the INX platform and take advantage of the opportunity.

INX hopes to increase U.S. and international investors access to the rising opportunities in the digital economy. This partnership will likely positively impact INX’s price in the long term. 

CSPR is trading at $0.0404 at 10:44 am EST, with a 4.7% increase in its price in the last 24 hours. Also, its 7-day gains are 14.3%, a decent reward for investors this week. 

CSPR Bullish On Daily Chart

Crypto
Source: Tradingview.com

CSPR is in an uptrend, trading above its 50-day Simple Moving Average (SMA) as the buyers dominate the market today. 

Also, its RSI value is 57.65, rising to the oversold region of 70 and confirming the bullish sentiment. CSPR’s MACD is above its signal line, and its Histogram bars are green, reflecting the bullish trend. 

It will likely continue its rally in the short term until the bears return since it trades below its 200-day SMA. 

Internet Computer (ICP)

Internet Computer is a project that provides the world’s first computer blockchain for building online systems or services. It also enables full end-to-end decentralization. 

The ICP BUIDL Bitcoin Hackathon, powered by Encode, has officially ended after almost four weeks of developers building on the network. 

This event granted opportunities to developers to improve and shows their skills on several projects in the ecosystem. Also, technical workshops and mentoring sessions were available to participants. 

The first-place winner took home $5000 worth of ICP tokens plus a $25,000 DFINTY developer grant. Other unique prizes went to the runner-up contestants. 

This event helped to announce Internet Computer as a developer’s hub similar to Ethereum and attracted more investors, thus boosting ICP’s utility and price. 

Also, on July 20, 70 students from different regions worldwide traveled to Switzerland to learn about ICP in the Deep Dive into Blockchain 2023 summer school program. The program took place at the University of Zurich Blockchain Center.

This year’s event is the fourth consecutive year of the program. An additional 30 students participated in the program online. 

The learning curriculum covered blockchain-based systems, technology, and legislation in the crypto space. Also, Internet Computer made its first appearance in the program’s curriculum at this year’s event.

It demonstrates the network’s growth and expanding community as more users learn about its benefits, thus influencing the token’s adoption and price. 

Internet Computer finds practical applications in the following areas,

DeFi: ICP hosts decentralized exchanges such as Sonic and InfinitySwap that leverage its reverse-gas model and one-second transaction finality. 
NFT: Internet Computer hosted a new Bored Ape Yacht Club NFT collection at Art Basel. It enabled bigger file sizes for NFTs.
Gaming: MetaSports Basketball is an open basketball metaverse hosted on the network. Users utilize their best Ethereum and ICP-based NFTs to compete as basketball superstars on their teams.
Social media: Internet Computer hosts several social media networks, such as OpenChat, with over 100,00o users and nearly 1 million messages sent over its decentralized messaging services. The growing user base increases the platform’s utility and exposure.
Metaverse: It also gives its users access to the Metaverse. One such project is I.C. Gallery, an interoperable 3D Metaverse with GameFi and DeFi utility. Users can play and trade mints their existing NFTs in the Metaverse, creating an all-around satisfying experience.

Internet Computer’s utility across various sectors will likely boost its overall value. ICP is trading at $4.34 at 11:15 am EST, a 6.2% increase in its price in the last 24 hours. Also, its 7-day gain is 5.8%.

ICP Enters Favorable Buy Zone

Crypto
Source: Tradingview.com

ICP is trading in an uptrend today, crossing into the upper region of the Donchian Channel (D.C.) as the bulls continue their charge.

Its RSI value is 58.00, in the neutral zone and rising as it approached the overbought zone of 70. A potential price increase is still possible as buyers dominate the market.

ICP’s MACD moving above its signal line also confirms the bullish sentiment. Also, the green histogram bars confirm that ICP is in a favorable buy zone as the bulls maintain control. ICP will likely retain its gains till it enters the overbought zone in the coming days. 

BTC20 (BTC20)

BTC20 is a green cryptocurrency project built on the ERC-209 standard that hopes to replicate the early success of Bitcoin. It operates on Ethereum’s blockchain and benefits from the speed and scalability of the network.

It has a total supply of 21 million tokens, with 6.05 million for the presale stage at $1 each. Also, all unsold tokens in the presales will be locked in staking contracts as rewards for stakes in the ecosystem. With every original Bitcoin block confirmed, BTC20 tokens will be released and distributed to stakes, similar to Bitcoin’s schedule.

Also, the BTC20 staking contract is automatically programmed to release tokens over approximately 120 years. Its detailed tokenomics, similar to Bitcoin’s, make it primed for success. 

The developers hope to give investors a chance to have a stake in the next bitcoin. 

BTC20 Presale

The BTC20 presale is already an outstanding success, with over $3.9 million raised out of its goal of $6.05 million.

With its fast adoption, it will likely reach its target hard cap in a few days. Its potential listing will also fuel investor interest leading to a price boost for the token. 

Key Features

BTC20 offers users come exciting features for a worthwhile experience. They include,

Scarcity

BTC20’s focus on scarcity draws similarities to Bitcoin and the resultant spike in its value. Unlike meme coins with no supply cap, its deliberate scarcity will likely boost its market value. 

Eco-friendly Project

BTC20’s proof-of-stake (PoS) mechanism makes it more energy efficient than Bitcoin, significantly dropping carbon emission levels. It implies that BTC20 is a project for the future since the global focus is on environmental preservation. 

Vibrant Community and Media Interest

Although the project is relatively new, it enjoys massive interest from a vibrant community backing its rise to prominence. With over 3000 followers on Twitter and rising numbers on other channels, it will likely enjoy massive adoption. It also features regularly on major news sites like Insidebitcoin.com.

How to Buy

Follow these simple steps to purchase your BTC20 tokens:

Choose your purchase option from your crypto wallet or your bank card.
Connect your crypto wallet, preferably Meta Mask or Trust Wallet.
You can purchase BTC20 with ETH, USDT, or BNB; note that each token is worth $1.
Confirm your transaction details and approve your purchase. 

Launchpad XYZ (LPX)

Launchpad XYZ is an analytical platform backed by A.I. technology, helping crypto traders to make well-informed trading decisions and maximize profit. 

Its main target is driving Web3 expansion and decentralization in the crypto community with its innovative features. LPX is the platform’s utility token and the key to unlocking the full benefits. It is currently on presale. 

Also, Launchpad XYZ focuses on new projects, providing them with a launch pad in the crypto market.

Key Features

Launchpad XYZ offers its users modern and innovative features that help their overall experience in the crypto market. 

Its main benefits include: 

Trade Advantage

Trading in any market is highly competitive, with the crypto market more advanced due to the presence of whales and bot accounts.

 Launchpad XYZ gives traders an edge with deep market insights to stay ahead of their competitors with sentimental analysis.

Users can access news feeds in real-time and historical data to make improved trades. This feature boost trade profitability and reduces errors. 

Modern Trade Terminal 

Users enjoy a reliable trading platform that executes trades at peak market conditions to maximize profit. It adapts quickly to the market structure and accounts for price volatility, thus keeping traders updated on current trends.

Educational Model

Users benefit from quality learning opportunities, familiarizing themselves with web3 trading and other analytical data to prevent overreliance on trading signals.

Launchpad LPX provides vital data on a token’s potential, carefully vetted by advanced A.I. technology. This feature protects traders from scams, rug pulls, and low liquidity projects. 

LPX Presales

 Launchpad LPX presales are one of the hottest in 2023, with investors scrambling to get in early on the tokens after missing out on some of the top presales this year. 

Each presale stage comes with a price increment, thus yielding paper rewards for early investors. 

Presently, 1LPX token is worth $0.0445, with a price increase to $0.046 in the next stage. The presale is above the $1.19 million benchmark out of its goal of $1.55 million.

Early investors receive guaranteed returns based on the price increase at each presale stage. 

How to Buy

Investors can acquire $LPX tokens following these simple guidelines, 

Visit the official website.
Select your preferred payment option in USDT (Tether) or ETH (Ethereum) as the base currency for the LPX token purchase.
You can purchase ETH or USDT to your crypto wallet from a reputable exchange if you do not have enough. 
Next, register an account on the exchange and complete the KYC procedures. Deposit funds to your exchange account to purchase the required tokens. 
Create a digital wallet that is Wallet Connect compliant or use Meta Mask for your purchase. 
Link your crypto wallet to the presale page with Wallet Connect or directly from MetaMask.
Follow the instructions on the presale page to swap your ETH or USDT for LPX tokens.
Specify the amount of USDT or ETH you wish to convert to LPX tokens.
Carefully review your details and confirm your transaction details to receive LPX tokens. The tokens will be unlocked once the presales conclude.  
Follow the instructions on the Launchpad XYZ platform and the social media handles to get relevant information about the token unlock after the presales. 

DeeLance (DLANCE)

DeeLance is an innovative project aiming to transform the freelancing industry for good. It relies on blockchain technology to create a decentralized platform that is transparent, secure, and trustworthy for freelancers and clients. 

$ DLANCE is the platform’s utility token. DLANCE is still in the presale phase and has raised above $1.67 million, showing massive investor interest in the token.

This token serves as the medium of payment and transaction for all goods and services on the platform. The rising interest in the project coincides with the number of freelancers worldwide as remote work increased in the post-COVID era. 

The developers have a clear vision of job security for freelancers, detailed in an exciting roadmap. An NFT marketplace and a Metaverse will launch at some point after the presales, giving investors access to Web3 opportunities. 

Features

DeeLance’s top features include:

Decentralized Platform: DeeLance is fully decentralized and not controlled by a single entity. It relies on a thriving community to make advancements in the ecosystem. 
Its decentralized nature makes it more transparent and secure, eliminating potential points of network failure and coordinated attacks.
Smart Contract Framework: Also, DeeLance relies on secured smart contracts to execute transactions between freelancers and clients efficiently and securely. Smart contracts speed up transactions significantly with a reasonable degree of anonymity. 
Transparency: DeeLance records all transactions on its blockchain to maintain trust and transparency among its users. It enables freelancers and clients to track their transactions and note previous rates.
Cost-effective: DeeLance offers its users transactions at low and affordable rates within the ecosystem, reducing the financial burden on freelancers and maximizing profit.
Escrow Protection:  Payment disputes are commonplace on regular job boards. However, DeeLance offers freelancer Escrow protection as a middleman to hold onto funds and guarantee payment once the contract terms are satisfied.
This feature relieves freelancers who might have fallen victim to scams and fake jobs without receiving payments. 
NFT Marketplace: Freelancers on the platform can tokenize their work as NFTs tradable on the DeeLance NFT marketplace. Freelancers can earn royalties from future use of this token as passive income.
The $DLANCE token gives users access to transact in this space. Also, NFT holders will have exclusive access to features such as themed meeting rooms, virtual galleries, job fairs, and advertising opportunities.
DeeLance Metaverse: After listing, DeeLance has plans to unveil a Metaverse within its ecosystem, giving freelancers a unique work experience. 
Users can conduct virtual meetings in special rooms and participate in virtual exhibitions and networking events to showcase their work.

DeeLance Presales in the Last Stage!

DeeLance presales are ongoing, with the token’s price at $0.048. It is the last presale stage, with over $1.67 million raised from the $1.8 million target. Investors must act fast to acquire these tokens before the presales conclude.

The presales offer an investment chance for users to join the project at the early stages to maximize rewards with a potential token price increase. $DLANCE will list at $0.057 on reputable exchanges after the presale. 

Also, DeeLance offers its users arguably the lowest rates in the freelancing niche with equal job access, unlike other job boards with restricted access to VIP members. 

How to Buy

You can purchase $DLANCE with a Trust wallet or Meta Mask following the simple guidelines below:

Open the Trust Wallet app on your mobile device and go to the browser tab.
Go to the search bar and paste the link to the presale page: deelance.com.
Click on the Search button and complete your search.
Once the DeeLance website loads, click the Buy button and connect your crypto wallet using Wallet Connect.
Choose your DApp Wallet option, such as Trust Wallet or MetaMask.
After successfully connecting, buy DLANCE tokens with Ether (ETH) or Tether (USDT).
Input the number of tokens you want to buy.
Carefully review the transaction details and confirm the purchase.
You will receive a notification once the transaction is complete.

Conclusion

The top gainers today benefit from different upgrades and developments within their ecosystem. Despite the general bearish market sentiment, these assets recorded high trading volume and rising investor interest. 

However, the crypto market is volatile, and price changes can occur anytime. A noteworthy strategy is for investors to diversify their portfolios to reduce the impact of potential losses.

Also, presales offer the best opportunities to get in on a project early and reap the rewards similar to the success of early $DOGE and $PEPE investors. 

Investors and traders must carefully consider the risks of any crypto investment and conduct proper research to perfect their trade and investment strategies.

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