In the past 30 days, CryptoSlate According to the data, Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) have significantly outperformed the market.
NOT has surged over 170%, while Monero has recovered 20% in the same period. Notably, all projects are still down more than 45% from their respective all-time highs, with Jasmy down 90%.
| name | Ticker | 7D% | 30D% | price | % Average altitude |
|---|---|---|---|---|---|
| KnotCoin | do not have | -6.62% | +179.17% | $0.01515 | -47% |
| THOR Chain | Runes | -16.68% | +81.52% | $4.12811 | -54% |
| Jasmy Coin | Jasmy | -12.44% | +51.91% | $0.03105 | -90% |
| Ethereum Name Service | Ens | +29.41% | +28.41% | $26,1050 | -57% |
| Monero | Extreme | -4.35% | +20.26% | $169.288 | -67% |
Notcoin (NOT)
Notcoin (NOT), the token of the popular Telegram-based game, has seen significant growth over the past 30 days, making it one of the best-performing crypto projects during the period.
The surge began with the token's listing on Binance, the world's largest cryptocurrency exchange. This listing boosted the price of NOT and made the token more accessible and trustworthy. This was followed by a further boost when Telegram founder Pavel Durov publicly endorsed NotCoin. Durov revealed that the value of the NOT tokens he donated had quadrupled, causing the price to soar.
Notcoin's impressive performance was also driven by its innovative tap-to-earn mining model and the introduction of new features such as staking functionality and token burning. These developments attracted many users and investors, and the token's market capitalization exceeded $2.5 billion at its peak.
Despite a recent correction that saw NOT's price fall by over 40% from its all-time high, the token maintains robust trading volumes and community support, with analysts suggesting that the current downturn represents a buying opportunity that could see profits in the future as the market stabilizes.
Overall, Notcoin’s combination of strategic exchange listings, influential endorsements, and innovative features has solidified it as a standout performer in the volatile cryptocurrency market.
Thor Chain (Rune)
THORChain (RUNE), the native cryptocurrency of decentralized liquidity protocol THORChain, has seen a significant increase in market value over the past 30 days. This impressive performance is due to several key developments and market forces.
THORChain has seen a 10x increase in trading volume share, placing it among the top 15 decentralized exchanges (DEXs). Additionally, THORChain's ecosystem has expanded significantly, with notable increases in trading volume, liquidity, and user engagement. The platform reported a 53% increase in trading volume, a 48% rise in liquidity, and a 57% increase in savers in Q1 2024. These metrics highlight the growing adoption and usage of THORChain's services.
Overall, THORChain’s solid performance and strategic developments position it as one of the best-performing crypto projects with promising prospects for the future.
Ethereum Name Service (ENS)
Ethereum Name Service (ENS) has emerged as one of the best performing cryptocurrencies over the past 30 days, surging in price by over 20%. The rise has been attributed to several factors, including increased adoption, regulatory clarity, and an overall bullish sentiment surrounding the Ethereum ecosystem.
One of the main factors behind ENS' recent price increase is the increasing adoption of the protocol by various decentralized applications (dApps) and projects within the Ethereum ecosystem. Demand for ENS domains is skyrocketing as more developers realize the benefits of using human-readable names instead of long, complicated addresses.
The rally was further fueled by the U.S. Securities and Exchange Commission's (SEC) decision to drop its investigation into Ethereum today, which could ease investor concerns and pave the way for the approval of a spot Ethereum ETF, further fueling demand for ENS domains.
ENS' innovative solutions simplifying blockchain interactions and growing adoption within the Ethereum ecosystem have solidified its position as a major player in the crypto market, attracting investors and driving prices to new heights.
Jasmy Coin (JASMY)
JasmyCoin (JASMY), a crypto project focused on data privacy and the Internet of Things, has seen an astounding price increase of over 50% over the past 30 days. The JASMY token rose from around $0.019 on May 19 to over $0.031 by June 19, outperforming many other major crypto assets during this period.
One of the main reasons for JASMY's recent price increase is the growing adoption and interest of the project's data locker technology. In late May, JASMY announced a partnership with Japanese electronics giant Panasonic to integrate its data locker into Panasonic's smart home devices and appliances. This gave JASMY a boost, allowing users to securely store and monetize personal data generated by Panasonic's IoT products.
Additionally, there have been unconfirmed rumors that JASMY may be looking to integrate with major smartphone manufacturers to include data lockers on their devices by default, which, if true, could significantly increase JASMY's user base and usefulness.
While JASMY is still a project with a relatively small market capitalization, its focus on data privacy resonates with growing concerns about big tech companies misusing user data.
Monero (XMR)
Monero (XMR), the leading privacy-focused cryptocurrency, has seen an impressive surge in value over the past month, solidifying its position as one of the top performing coins in the cryptocurrency market.
The rise can be attributed to the growing demand for privacy and anonymity in financial transactions as concerns over government surveillance and data leaks continue to grow globally. Monero's unique privacy features, which obfuscate transaction details and hide the identities of senders and recipients, make it an attractive option for individuals and organizations looking to protect their financial privacy.
Additionally, Monero's recent delisting from several major crypto exchanges, including Binance, has paradoxically increased investor interest in the project, as many see the delisting as an attempt by centralized entities to undermine privacy and economic freedom, further increasing Monero's appeal among privacy advocates and cypherpunks.
Monero's strong fundamentals, including an active development community and robust network security, also contribute to its favorable price performance, and the project's commitment to continually improving its privacy features and resisting censorship has resonated with its growing user base.
As of June 19th, Monero's price has surged over 20% in the past 30 days, outperforming most other major cryptocurrencies and solidifying its position as the leading privacy coin. With no signs of privacy concerns abating, Monero's upward trend is likely to continue in the coming months.
