The past 30 days have been a busy time for the company. CryptoSlate Data shows that Notcoin, THORChain, Ethereum Name Service (ENS), JasmyCoin and Monero have outperformed market.
Monero’s price has recovered by 20% in the same period. NOT is up 170%. Jasmy, for example, is still 90% down from its all-time highest.
Name | Ticker | 7D % | 30D % | Prices are a little higher than usual. | A % is a percentage of the ATH |
---|---|---|---|---|---|
Itcoin | It is not a good idea to use the word “Youthfulness” | -6.62% | +179.17% | $0.01515 | -47% |
THORChain | RUN | -16.68% | +81.52% | $4.12811 | -54% |
JasmyCoin | JASMY | -12.44% | +51.91% | $0.03105 | -90% |
Ethereum Name Service | You can also find out more about ENS | +29.41% | +28.41% | $26.1050 | -57% |
Monero | XMR | -4.35% | +20.26% | $169.288 | -67% |
Notcoin
The Notcoin currency (also known as the “Notcoin”)NOT(), the token used in the popular Telegram-based Telegram Game, experienced significant growth during the past thirty days. This makes it one of this period’s best-performing cryptocurrency projects.
Binance was the first crypto exchange to list the token. Not’s value increased as a result of this listing, which provided greater access and credibility for the token. Telegram’s founder Pavel Durov made his public announcement shortly after. endorsement Notcoin fueled further the rally. Durov said that the tokens he had donated were worth quadrupled. This led to an increase in price.
Notcoin’s performance is also attributed to its tap-to earn mining model, as well as the introduction of features like token burning and staking. The new features and developments of Notcoin attracted many investors and users, pushing its market cap up to $2.5 billion.
The token’s trading volume and support from the community have remained strong despite a recent price correction that saw NOT drop by more than 40% from its previous high. The current market downturn could be a great opportunity to buy, and the future potential gains are possible as soon as the markets stabilize.
Notcoin has a combination of influential endorsements and strategic listings on exchanges that have helped it to become a leader in the volatile cryptocurrency market.
THORChain
THORChainRUNE), the native crypto of the decentralized liquidity protocol THORChain, has experienced a significant surge in market value over the past 30 days. The impressive performance of THORChain can be attributed in part to several important developments and forces on the market.
THORChain’s share of volume has risen a tenfold in the last year, establishing it as a top 15 decentralized exchange (DEX). THORChain has also seen a significant expansion of its ecosystem, including notable growth in volume, liquidity and user engagement. Platform reported A 53% rise in volume and liquidity during the first quarter 2024, as well as a growth of 57% in saving. These metrics demonstrate the increased adoption and usage of THORChain’s services.
Overall, THORChain’s strong performance and strategic advancements have positioned it among the top crypto projects with a positive outlook for the near future.
Ethereum Name Service
Ethereum Name ServiceENS() is one of the best-performing cryptos over the last 30 days. Its price has risen by more than 20%. The rise in price can be attributed a variety of reasons, such as the increasing adoption rate, clarity on regulatory issues, and the general bullishness surrounding the Ethereum eco-system.
The adoption of the protocol by decentralized applications and projects in the Ethereum eco-system is one of the main drivers of ENS’s recent price increase. Demand for ENS domains is increasing as developers are realizing the value of human-readable names over long complex addresses.
Additionally, today’s regulatory clarity The US Securities and Exchange Commission’s (SEC) clarification that Ethereum is not a security has also fueled this rally. Investors were relieved by the SEC’s decision not to pursue its investigation of Ethereum. This also paved the path for spot Ethereum ETFs which may drive more demand for ENS.
ENS’s innovative solution to simplify blockchain interactions, and its growing acceptance within the Ethereum eco-system, have cemented its position as a major player on the cryptocurrency market. This has attracted investors, and driven its price up.
JasmyCoinJASMY)
JasmyCoin (JASMYThe price of ) the cryptocurrency project focused on privacy of data and Internet of Things has risen by over 50% within the past 30 days. The JASMY token rose from about $0.019 in May 19th, up to more than $0.031 on June 19. This outperformed many major cryptocurrencies at this time.
Growing interest in and adoption of JASMY is one key driver behind the recent rise in JASMY price. data locker technology. Jasmy has announced an agreement with Japanese electronics giant Panasonic. Panasonic Panasonic smart appliances and devices can integrate the data locker. This boosted JASMY by allowing users to store their data and monetize it securely using Panasonic IoT devices.
Unconfirmed rumors also suggested that JASMY was exploring the possibility of integrating with smartphone manufacturers in order to integrate data lockers into their products by default. This could increase JASMY’s utility and user base if confirmed.
JASMY, while still a project with a modest market cap, is focusing on the privacy of data. This emphasizes growing concern about how big tech firms are exploiting users’ data.
Monero (XMR)
Monero (XMRThe leading privacy focused crypto (), has experienced a significant surge in value over the last month. This solidifies its place as one of top performers on the cryptocurrency market.
This rally is a result of a rising demand for anonymity and privacy in financial As concerns about government surveillance and data breach continue to grow globally, Monero is a popular choice for those who want to protect their privacy. Monero is a privacy-focused cryptocurrency that offers unique features to hide transactional details, as well as the sender and recipient identities. This makes it a popular choice among individuals and businesses who want to safeguard their data. financial privacy.
Monero has been delisted from Binance as well as other large crypto exchanges. This move paradoxically has led to a rise in the price of Monero. fueled investor Interest in the project. Delistings are seen by many as a centralized attempt to compromise privacy. financial Monero has become more popular among privacy-conscious cypherpunks and advocates of anonymity because it offers freedom.
Monero’s fundamentals are strong, and its community of developers, as well as the robust network security have contributed to its good price performance. Growing user numbers have been attracted by the project’s ongoing commitment to improve privacy features, and its resistance to censorship.
Monero’s price rose by 20% since June 19th, surpassing most major crypto currencies and confirming its status as the top privacy coin. Monero may see its upward trend continue as privacy concerns do not seem to be abating.
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Source: cryptoslate.com