Top Crypto Gainers This Week

The crypto market skilled a correction final week, with main cryptocurrencies like Bitcoin and Ethereum declining by 1.7% and 4% respectively.

Whereas the weekend was comparatively flat, one meme coin stood out – Dogecoin (DOGE) surged by 16%, outperforming most other meme coins.

Layergg, an crypto analyst with virtually 100k followers on X, shared his insights on the perfect altcoins in your watchlist this week.  

High Crypto Gainers

Greatest crypto gainers up to now week, supply – Layergg/X

Right here’s a breakdown of his altcoin evaluation:

Dogecoin (DOGE): Coinbase Worldwide is ready to launch DOGE futures buying and selling on April 1st. Moreover, April twentieth is called ‘Doge Day,’ and meme coin costs have traditionally proven sensitivity to such occasions.

Aptos (APT): Aptos is poised for a big RWA (real-world asset) announcement in April, with potential partnership rumors involving main asset managers like BlackRock or Franklin Templeton. Particulars are anticipated to be revealed on the ‘Aptos DeFi DAYS’ occasion on April 2nd.

Pendle (PENDLE): Mid-April may even see the launch of the EigenLayer token, in keeping with Arthur Hayes. The profitable launch of ETHFI, yielding returns of greater than twice, has renewed curiosity in Pendle Finance’s merchandise. Upcoming token releases from Restaking tasks may additional increase Pendle Finance’s momentum.

Fantom (FTM): The Fantom Sonic Mainnet launch is anticipated in late March or early April. CEO Andre Cronje is actively participating in promotional actions, and his vital affect warrants strategic consideration.

Stacks (STX): With the Bitcoin halving approaching in lower than a month and the Nakamoto improve scheduled for late April, Stacks continues to attract curiosity from international asset managers like Franklin Templeton as the primary SEC-compliant blockchain.

Ondo Finance (ONDO): BlackRock has introduced a $100M tokenized asset fund, and Ondo Finance is at present the RWA undertaking most related to BlackRock. It was additionally talked about as a key undertaking in Bitwise’s “Crypto Use Case 2024” Report, indicating potential for added institutional partnerships.

Toncoin (TON): Telegram has determined to solely use TON for advert funds, which suggests an inflow of 800 million month-to-month lively customers. Moreover, Telegram holds a “potential IPO” catalyst, and the TON Basis’s Open League begins on April 1st, distributing 30M TON to tasks and customers within the TON ecosystem. TON is up 44% this week already.

XPLA (XPLA): Rumors recommend that zkSync might be launched in April, and XPLA has lately raised funding from Matter Labs, probably for a zkSync beta. XPLA has additionally onboarded the AAA sport ‘MadWorld’ and plans to onboard two extra AAA video games quickly.

Aerodrome (AERO): The bottom chain’s TVL doubled in a month, and Aerodrome, being the main DeFi on the Base chain, may probably act as a Base-beta. Aerodrome plans to launch Slipstream inside weeks, and Coinbase Ventures formally introduced its buy and holding of AERO final February.

New Altcoin ICOs

eTukTuk is an eco-friendly transportation undertaking introducing electrical TukTuks, particularly in growing nations, to fight carbon emissions. TUK is at present within the ICO part and has raised $2.5 million.

Dogecoin20 is a brand new meme coin that has raised $10M in its ICO, introducing a Stake-to-Earn mechanism and DOGE20 staking to reward the neighborhood whereas enhancing utility and sustainability.

#Dogecoin20 embodies the vigorous spirit of #Memecoins, fascinating the creativeness of the crypto world. 🪐

Marrying memes with on-chain staking, #Dogecoin20 charts its personal distinctive course, attracting a various array of #Crypto followers. 🔗🚀 pic.twitter.com/vizZbyFKKq

— Dogecoin20 (@DOGE_COIN20) March 23, 2024

Green Bitcoin is a utility-rich undertaking centered on prediction markets, providing gamified and passive staking the place customers can stake GBTC tokens to probably win rewards primarily based on correct Bitcoin value predictions. It has raised $9M in its ICO.

To sum it up, the crypto market’s latest correction presents alternatives to carefully monitor altcoins with upcoming catalysts and powerful fundamentals. Additionally, you may be capable to place your self for potential features in 2024 if you happen to get in early on these crypto ICOs.

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