The broader crypto market has been a mixed bag this week primarily due to the volatility. Market leaders like Bitcoin, Ethereum, and Solana seemed to have paused after a positive rally earlier. BTC and ETH registered a -1.31% and 1.70% movement respectively, illustrating a sideways trend.
Despite the volatility and sideways trend in the broader market, a few cryptocurrencies performed extremely well, claiming an impressive return for their investors.
Notcoin Takes a Big Leap, Gaining a Massive 279% a Week
Notcoin originated as a popular game on Telegram, introducing numerous users to web3 by employing a simple tap-to-earn mining feature. NOT token serves the community, allowing users to gain rewards for exploring and discovering web3 offerings, engaging in new games for additional earnings, etc.
It contributes to the ecosystem’s growth and enables web3 developers to present their products to the community through Notcoin’s promotional campaigns.
Over the past week, Notcoin has registered a massive surge in its price, gaining over 279% a week. Since its inception, crypto has been in the limelight, attracting investors.
At the time of writing, Notcoin was exchanging hands at close to $0.0198, recording a significant intraday surge of over 25%. The price is rising over the boosted investor sentiment and might continue to outperform its peers until it is backed by momentum.
JasmyCoin Secures The 2nd Top Gainer, Rising 53% A Week!
Jasmy revolutionizes data workflows by leveraging edge computing and the InterPlanetary File System (IPFS) for data storage, embodying a philosophy that champions data democratization. In this model, data remains secure under the ownership of the individual, while service providers can ethically utilize this data to enhance their offerings.
Jasmy platform prioritizes user privacy, ensuring that customers retain control over their personal information. It facilitates a secure exchange of data between users and companies through IoT devices, enabling users to receive services in return for their data, all within a framework of trust and security.
Despite the market leaders facing a correction, JasmyCoin has delivered remarkable returns to its investors, reporting a 53% increase over the past week and ranking as the second-highest gainer.
The daily trading chart indicates a tendency for profit-taking during intraday trading following four successive days of gains. Nonetheless, the market sentiment remains bullish, with prices holding steady near the lows of the previous day. A breach below this level could signal a short-term downward adjustment for the cryptocurrency.
ORDI Crypto Claims Third Spot, Beating Others
ORDI Crypto has risen to prominence, securing the third position amidst market fluctuations. The Ordinals protocol introduces inscriptions, which embed content directly onto satoshis without the need for additional tokens or alterations to Bitcoin’s structure. This content can range from text to multimedia.
Recently, ORDI cryptocurrency outperformed its peers with a 24% increase in value over the past week, despite broader market corrections. It boasts a market capitalization of $970.73 billion and is currently 89th in the market ranking.
The positive momentum is further evidenced by the price exceeding critical Exponential Moving Averages (EMAs) for 50 and 200 days, suggesting a potential bullish trend ahead. These EMAs could provide dynamic support for the cryptocurrency’s value.
