Top crypto gainers XRP, XLM, SOL, ADA, And MATIC
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The crypto market has a positive outlook today, with many tokens gaining in the past 24 hours. The global cap is up by 4.88%, and the total crypto market volume shows a 145.88% increase.
It implies that the bulls are active today and pushing the current gains. Also, some exciting presales are on the list of top gainers based on their future potential and utility.
Here are the top gainers today and exciting facts about their network.
Ripple (XRP)
XRP Ledger (LXRP) is an open-source, decentralized platform prioritizing low-cost transactions ($0.0002), speed, and scalability on its network. The XRP Ledger serves various applications, especially optimized payments. Micropayments, DeFi, and NFTs also feature in their plans.
XRP is the native crypto token of this ledger that powers activities in its ecosystem. XRPL uses a Federated Consensus mechanism to validate its transactions. All transactions on the network are public and transparent, and validators confirm the outcome of transactions on the network.
XRP is a crypto token with massive potential due to its low cost and speed of transactions. However, regulatory pressure from the U.S. Security and Exchange Commission (SEC) limited its potential.
Notably, the recent victory of Ripple Labs, in their case Vs the U.S. SEC, seems to have unlocked the project’s potential leading to a bullish outlook today.
XRP is trading at $0.7715 today, gaining over 63% on its price in 24 hours. Also, its trading volume is surging massively, with a 1855.21% increase today.
XRP Enters Bull Run With Massive Price Surge
XRP is gaining massively today after the large green candle formed yesterday, suggesting a massive increase in long positions. Although the bears are intent on keeping it below $1, it continues to gain the market despite the red candle formed today.
It is trading above its 50-day and 200-day Simple Moving Averages (SMA), expressing a short and long-term bullish sentiment.
Also, its Relative Strength Index (RSI) value is 80.16 in the overbought region above 70. However, the RSI is moving downwards, hinting at a slight retracement before the rally continues.
XRP’s Moving Average Convergence/Divergence (MACD) is rising above its signal line, showing a strong bullish trend. Also, its Histogram bars confirm the bulls are in control will likely rally till it gets to $1. A break above $1 will send it close to its all-time high value of $3.84.
Monero (XLM)
Monero is a privacy-focused crypto project that allows projects to take place privately and anonymously. The developers optimize privacy and security first before utility and efficiency. XMR is the platform’s utility token, with its origins traced back to Bytecoin, a privacy-focused crypto token.
XMR scrambles users’ data on the blockchain, making it difficult to identify users. Monero’s secrecy and privacy attract most users to conduct transactions without fear of being tracked.
Also, Monero uses a Proof-of-Work (PoW) algorithm RandomX to validate its transactions. This algorithm serves as a replacement for CryptoNightR, its former algorithm.
It is highly decentralized and uses ring signatures to achieve its privacy. With these signatures, past transaction details are selected from the blockchain as cover-ups for the current transactions.
Also, stealth addresses are created for every transaction and serve for a single use. Unfortunately, XMR tokens are abused by some users for illegal activities since they are highly untraceable. XMR is gaining today, trading at $185.79 with a 1.28% increase in its price within 24 hours and a 50.32% increase in its trading volume.
XMR Forms Higher High On Daily Chart
XMR is gaining today despite its recent retracement. It is trading in the upper region of the Donchian Channel (DC), forming a higher high. This is a bullish sentiment for the token and signals further price increases.
Also, its RSI value is 60.28, close to the overbought region 70. However, the RSI is moving sideways, showing a potential struggle for control between the buyers and sellers today.
XMR’s MACD is below its signal line, a bearish sentiment for the asset. However, the MACD’s Histogram bars are fading, indicating that the bearish signal will likely be reversed. Monero will likely retrace in the short term before a long-term recovery in the coming days.
DeeLance (DLANCE)
DeeLance is a new crypto project seeking to transform the freelancing sector. For freelancers and clients, it employs blockchain technology to build a decentralized platform that is more open, safe, and effective.
The native token of DeeLance, DLANCE presale, has raised over $1.5 million. The platform accepts tokens for services and compensation for its engaged community. Investors’ keen interest in the token thus far has demonstrated and signaled a positive future for the enterprise.
Even if it is just getting started, the creators appear to have a clear vision. If success is achieved following the presale, preparations for the Metaverse and NFT marketplace will be in place.
Key Features
Here are some of DeeLance’s standout characteristics:
Independent platform: By referring to Deelance as a decentralized platform, it is clear that a single entity does not govern the network. As there is no single point of failure, it becomes more secure and transparent.
Secured smart contracts: A key component of DeeLance is using secured smart contracts to streamline transactions between freelancers and clients. This guarantees that the contract’s provisions are honored and that both parties are protected.
Transparency: DeeLance is a transparent platform. Thus, all transactions are documented on the blockchain. This enables clients and independent contractors to track their payments and ensure they are paid fairly.
Efficiency: Deelance allows transactions to be executed swiftly and affordably. It is an efficient platform. With this feature, doing business with freelancers and clients is more affordable.
$DLANCE Presales
DeeLance presale rounds began on March 30, 2023, and is still on. 1 $DLANCE is currently worth $0.043, with a price change coming up in less than 24 hours.
The next presale price is $0.048. DeeLance has attained $1.53 million from its presale out of its target of $2.3 million.
The presales are expanding, with more investors joining in, raking in early rewards once it launches on exchanges.
$DLANCE listing price is $0.057, which will reward early investors massively. However, investors should conduct proper research to understand the vision and roadmap of this exciting project.
Purchasing Guide
You can purchase a Trust wallet or Meta Mask application. Here’s a step-by-step procedure on how you can buy $DLANCE:
Open Trust Wallet on your device.
Go to the Browser tab.
Input the link to the DeeLance website: deelance.com in the search bar.
Click on the search button and press enter.
Once the website loads, click on the buy button.
Select buy and connect your wallet.
Choose the DApp Wallet option; Trust Wallet or MetaMask are reliable.
Once your wallet connects, purchase DLANCE tokens with Ether (ETH) or Tether (USDT).
Choose the payment method you want to use and input the number of tokens you wish to buy.
Carefully review the transaction details before confirming the purchase.
The network will complete the transaction in seconds; you will receive a notification once it is completed.
Solana (SOL)
Solana is an open-source project that provides DeFi services powered by blockchain technology.
It facilitates Decentralized Applications (DApp) creation and aims to improve scalability. Solana uses a combination of a Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanism to secure its network.
Due to its hybrid consensus model, it is ideal for small traders and institutional traders. The Solana Foundation focuses on making DeFi more accessible to users. Solana’s Proof-of-History (PoH) consensus allows greater protocol scalability, thereby boosting its utility.
The network offers users short processing times and decreased validation times for transactions and execution of smart contracts.
SOL is the native token of this platform and enables several activities within the ecosystem. Solana is sometimes compared to Ethereum based on scalability and utility. However, repeated outages on the network seem to limit its potential.
The Proof-of-History protocol handles most of the transaction load on the network. It records successful operations and the time elapsed between them.
The Proof-of-Stake (PoS) mechanism monitors the PoH process and validates the blocks produced. The combination of these two mechanisms makes Solana unique in the blockchain industry.
SOL Records Positive Price Change Today
SOL is trading in an uptrend today, forming a second consecutive green candle on the daily chart. It is trading above the upper band of the Bollinger Band, expressing a strong bullish sentiment.
SOL’s MACD is above its signal line, confirming the bullish trend. Also, the MACD’s Histogram bars are green and show that SOL’s price action is positive.
The Stochastic Oscillator is at 68.41, close to the oversold region 80. It implies that the bulls are still in control of SOL’s price. SOL will likely continue on its rally in the coming days if the bulls maintain their charge.
Cardano (ADA)
Cardano is a Proof-of-Stake (PoS) blockchain that empowers change-makers, innovators, and visionaries to create positive change.
Also, it aims to redistribute power to individuals creating a transparent and fair society. ADA is the utility crypto token that enables holders to participate in activities on the network.
Cardano supports the creation of DApps and smart contracts on its platform. Additionally, it serves agricultural companies helping them to track fresh produce from production to consumption.
Cardano is widely regarded as a developers’ hub with many exciting DApps built on the network. It is secured with a Proof-of-Stake (PoS) protocol called Ouroboros. This protocol makes Cardano about four times more energy efficient than Bitcoin.
ADA is trading at $0.3477 today, up by 20.45% within 24 hours. Also, its trading volume is up by 915.83%. The massive surge is likely due to the recent XRP victory and the upturn in the general crypto market fortunes.
ADA Records Massive Gains Enters Retracement Phase
ADA is trading in an uptrend today, building on its price gains yesterday to form higher highs on the price chart. ADA is dropping from the overbought region as buy pressure reduces slightly today.
It trades above its 50-day and 200-day SMAs, expressing a bullish sentiment today. Also, its RSI value is 67.59, close to the overbought region 70. This also confirms the bullish sentiment. However, the RSI moves downward as the early buy pressure cools. It will likely retrace into the channel and enter the neutral zone.
ADA’s Moving Average Convergence/Divergence (MACD) is above its signal line, reflecting today’s bullish pressure. Also, the Histogram bars are green, showing that the bulls are in control.
ADA will likely retrace in the short term before it continues to build on its gains.
Wall Street Memes (WSM)
Wall Street Memes (WSM) is a successful memecoin project seeking to reward users with memecoins as proof that the internet triumphs over capitalism. The Gamestop fiasco in 2021 inspired the WSM movement, carrying the legacy of the brave Wall Street Bets heroes.
Also, it latches on Gordon Gekko’s mantra in the ’80s that greed is good. Gecko found wealth trading seemingly useless stocks; 30 years later, some worthless memecoins hope to replicate Gekko’s success.
Wall Street Memes hope to attach value to memecoins and prove that greed is good. Its goal is to harness the power of social media platforms such as Instagram and Twitter to share interesting stock and crypto asset memes for awareness. It plans to reward its users and grant them access to branded merchandise.
WSM Pre-Sales Hit Milestone
$WSM, the native token, hopes to lead a meme coin revolution. Currently, its presale is above $14.7 million, showing a high level of investor demand for these tokens. 1 WSM token is worth $0.0316, and in less than 3 days, its value will move to $0.0319.
Early investors will receive paper gains once this token lists on exchanges, and based on the excitement of its presales, it will likely perform well.
Airdrop Event
WSM is hosting an airdrop event for loyal customers who complete the stated tasks. The airdrop round will give WSM tokens worth $50,000 ($10,000 each) to 5winners.
Participants must follow them on Twitter, visit their website, join their Telegram channel, visit their Instagram page, and submit Proof Of Purchase to WSM tokens to qualify for consideration.
Mr.Hanky ($HANKEY)
Mr. Hankey Coin, a new meme project, is about to begin, and excitement and anticipation are growing. The community is already hyped up about the upcoming initial coin offering (ICO), which is scheduled to start today, July 13.
This project has garnered interest since it was motivated by the popular South Park character Mr. Hankey, who first appeared in 1997 and has since grown in popularity.
On July 13, the presale for $HANKEY is anticipated to begin. The team plans to provide additional information and the exact launch time through its social media channels. The suspected relationship between the team and other popular meme coins, including $SPONGE, has raised interest in the token.
The $HANKEY initial coin offering (ICO) will wow investors with a covert drop and a severely constrained token supply that is intended to spur demand.
The organization expects that with just 400 million tokens in circulation and a rigorous hard ceiling of $500,000, all tokens will have been purchased within the weekend’s first hour.
40% of the entire maximum supply of 1 billion tokens is allocated for the presale, and 40% will go into the liquidity pool when the decentralized exchange (DEX) launches.
This particular mix of a low hard cap, high FOMO, and lots of liquidity creates the ideal conditions for price increases as orders pour in and the market as a whole avidly participates.
In addition, the risk of a sudden withdrawal of funds (a “rug pull”) is removed because liquidity is planned to be locked at launch, giving investors peace of mind.
The remaining token supply has been divided up into other categories, with 10% going to the marketing budget, 5% going to the team and development work, and 5% set aside for liquidity on centralized exchanges.
These distributions make sure that funds are given to marketing campaigns, team activities, research and development, and liquidity provision on controlled exchanges.
Mr. Hankey Coin’s official Twitter account (@MrHankeythecoin) has amassed more than 5,600 followers, which is a sizable following.
Additionally, the Telegram channel for the project is quickly approaching 1,000 members, a sign of increased interest and participation among crypto enthusiasts.
There are a few other initiatives that, although having fewer supporters, manage to perform admirably, which should be noted.
Interestingly, a currency with an Eric Cartman theme that had less than 1000 followers on Twitter, or its Telegram channel nevertheless managed to surpass a market cap of $150,000 in May. The introduction of Mr. Hankey Coin may rekindle the early fervor for South Park-themed tokens.
This particular project could work as a catalyst, generating a lot of interest and drawing focus to the larger market for South Park-related tokens.
Launchpad (LPX)
Launchpad XYZ is an AI-powered platform offering insights and data on every Web3 industry. With the help of a gorgeously created, humanized interface, the ecosystem hopes to offer Web3 to all users.
The platform focuses on two fundamental principles: independence and decentralization, to become the hub of the subsequent wave of Web3 users.
Since its creation, Launchpad XYZ has distinguished itself as a potent alternative to unstable coins in the burgeoning crypto market. As a result, the system garners considerable interest and exhibits astounding resiliency in the crypto sphere. According to its whitepaper, Launchpad gives innovative companies a platform to raise money and introduce their tokens.
The native token of the platform, $LPX, serves as the system’s prospective trading unit. Growing numbers of investors willing to take part in the program have been attracted to $LPX as its presale develops.
2023 has earned a reputation as the year of Launchpad, luring investors who expect big returns from its presale stage. The program has already accumulated around $1.15 million, demonstrating fervent interest and confidence as a significant investment opportunity.
Top Features
Launchpad XYZ, as a trader’s tool, is incentivized to provide required training to aspiring traders and empower web3 users to maximize profits.
This is a feature of the project that helps users to make informed decisions in trades without sentiments. It highlights the influence of news, market insights, and experienced trade setups from professionals.
Hence, by using the platform, there is an assurance of earning reasonable profits and investing more.
Reliable Market Insights And Data
This aspect of the technology enables consumers to make rational choices in trades without emotion. It draws attention to the impact of news, market insights, and expert trading setups.
Therefore, employing the platform ensures that respectable earnings will be made and that additional money will be invested.
Top-Notch Trading Terminal
On the Launchpad platform, the terminal feature exists to help users who have created a trading framework to execute trades at peak times. The terminal is a high-speed trading channel that picks up trades from when they start. So, there’s no lesser likelihood of late entries.
In addition to the terminal feature, Launchpad focuses on completing investor trades on the DEX platform by attracting headline liquidity providers.
Finally, through Launchpad XYZ, users learn and understand the web3 ecosystem through adequate insight, in-depth analysis, and market sentiment news. Users get to know first-hand which projects could be ALPHA or rug under normal market circumstances.
The terminal functionality on the Launchpad platform allows users who have built a trading framework to conduct transactions during busy periods. The terminal is a fast-moving trading channel that begins picking up trades immediately. Therefore, the likelihood of late entries is the same.
Launchpad concentrates on closing investor trades on the DEX platform by luring high-profile liquidity providers in addition to the terminal feature.
Finally, consumers may learn about and comprehend the web3 ecosystem with Launchpad XYZ thanks to sufficient information, in-depth analysis, and market sentiment news. Users learn firsthand whether ideas might be considered ALPHA or rug under typical market conditions.
Launchpad XYX Exciting Pre-Sales
There are ten different Launchpad XYZ presale phases, each of which offers 25 million LPX tokens. Early investors benefit more because the selling price goes up a few pennies at every step, so they are better off.
In its fifth stage, Launchpad is now selling 1 LPX for $0.045. However, as of the writing, just $1.136,442 of the potential $1,550,000 hard ceiling level has been reached. The token could sell for $0.07 after stage 10. Its official listing cost is $0.0565, though.
When the token launches, buying LPX during this presale period could result in a significant return on investment. Investors should continue to exercise caution and recognize that the crypto market is based on volatility.
How to Buy
Carefully follow these instructions to purchase the $LPX token:
Visit Launchpad XYZ’s main website.
Decide the crypto assets you want to exchange for LPX tokens: ETH or USDT (Tether).
If you don’t already have USDT or ETH, buy them via an eToro or similar trustworthy crypto exchange.
Sign up for an account, carry out the required verification, and deposit money into your exchange account.
Create a digital wallet that features Wallet Connect or MetaMask.
connect your wallet to the Launchpad XYZ presale platform using Wallet Connect or MetaMask.
To turn your acquired USDT or ETH into LPX tokens, adhere to the detailed steps on the Launchpad XYZ website to indicate how many USDT or ETH you’d like to trade for LPX tokens.
Complete the transaction and patiently wait for the presale phase to end.
Your LPX tokens will be kept safe in your connected wallet during this time.
After the presale period is over, follow Launchpad XYZ’s instructions to get your LPX tokens.
Polygon (MATIC)
Polygon was built to support the infrastructure and scaling of Ethereum. It consists of a core component called the Polygon SDK that facilitates the creation of various application.
Users build stand-alone chains, ZK rollup chains, and optimistic ones on Polygon. Also, it enhances Ethereum, turning it into a blockchain internet like Polkadot and Avalanche.
Its native coin, $MATIC, is essential for this crypto ecosystem’s on-chain governance and security. Polygon addresses scalability issues across blockchains to promote the widespread use of crypto assets.
It integrates the Plasma mechanism with the Proof-of-Stake (PoS) blockchain mechanism to run scalable and autonomous smart contracts.
On a single sidechain, Polygon can process 65,000 transactions per second (tps). Additionally, in this environment, it takes less than two seconds to confirm a block. Polygon attracts the interest of over 50 decentralized applications.
Additionally, as stated in the Polygon Green Manifesto, Polygon is one of the blockchains committed to becoming carbon neutral.
MATIC Price Outlook Using Technical Indicators
As depicted on the daily chart above, the asset is currently trading above the 50-Day Simple Moving Average (SMA) indicator and is heading toward the 200-Day SMA, which stands as a resistance level.
If the price successfully breaks above the 200-Day SMA, it could indicate a potential bullish market and buy opportunity for traders.
The Moving Average Convergence Divergence (MACD) signal line is currently being surpassed by the MACD itself, with a strong green histogram bar above the zero line. This signifies a bullish sentiment for MATIC, suggesting a potential price increase.
The Relative Strength Index (RSI) value also stands at 66.42 (Neutral), indicating a relatively balanced market between buyers and sellers. However, a stronger bullish momentum leading the RSI above the 70 thresholds would indicate a clear trend.
Traders and investors should employ additional technical analysis tools due to the high volatility of the broader crypto market.
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