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The crypto market volume has decreased by more than 25% in the last 24 hours, while the dominance of Bitcoin has decreased by 0.13%. Amidst this, a few brands have managed to mark double-digit percentage returns and here a few fall under the spotlight.
Today, February 5, the biggest crypto gainer
1. Shiba Inu (SHIB)
Shiba Inu, the second-best memecoin after Dogecoin, recently showed an increase of more than 30% in the last few days. This caused a lot of excitement in the community and partially led to the launch of Shiabrium, a Layer-2 blockchain built on the Ethereum mainnet.
Shiba Inu increased by about 10x. Such performance is neither conceivable nor reasonably expected given current market conditions. But the mark is almost 100% since the beginning of the year, and that’s no less reason to celebrate.
As for the future of SHIB token, it is expected to continue to improve throughout the month of February, making a few corrections along the way. Shiba Inu’s rival Dogecoin, on the other hand, has not been as active and has gained no more than 35% since the beginning of the year.
In the year Created in 2020, Shiba Inu is an Ethereum-based altcoin represented by the Japanese dog Shiba Inu. Traditionally, it is only considered as an alternative to Dogecoin, both of which have little use other than being speculative assets.
SHIB has been used primarily by investors to make quick profits during bull markets, and its price has been fueled by FOMO effects and endorsements by the likes of Elon Musk, who mentions the coin on his Twitter account and parody accounts featuring the coin.
In addition, the coin’s high level of criticism only helped to increase its awareness, which encouraged retail investors expecting significant profits from the token to take small bets.
If you are interested in dealing with speculative properties, there is no harm in trading SHIB other than the inherent risk. Apart from this, if you are looking for tokens with high utility, we have the best options mentioned below.
2. The Graph (GRT)
The GRT token has soared over one trillion in the market in just over 8 months, posting a more than 20% increase in price on Sunday. At the time of writing, the token is trading at $0.118 and continues to rise in price.
The GRT has been very bullish over the past few days, continuing to trade lower, bringing itself above resistance levels. The relative strength index for the factor stood at 67.62, and the cash flow index is hovering around 77. Both are far from independent standards.
Graph is an open source protocol for collecting and storing blockchain-based data for dApps to quickly access data when needed. It is based on the ethereum blockchain and helps blockchain-based applications become more efficient.
This decentralized protocol helps extract and organize data on Ethereum and IPFS in an ecosystem consisting of indexers, moderators, and delegates. The network operates on a fee-based basis where data users pay for requests and fees are distributed among participants.
According to the Q4 2022 review by Masari, the number of active subgraphs has increased continuously and the number of indexers and controllers has also increased. Curators, for the record, get paid for pointing out quality subgraphs.
3. Meta Masters Guild (MEMAG)
Meta Masters Guild (MMG) is here with its most successful presale of the season, raising over $2.9 million within a month of launch. This is definitely a sign of a project destined for success in the future.
MMG targets mobile games, a field untouched by crypto games, without limiting the gaming experience to the segment, limited to the desktop. Users can play the game wherever they go as long as they have their smartphone with them.
The platform initially offers three games, which include Meta Kart Racers, Raid NFTs and Meta Kart. MMG will launch the first game on this list in Q3 of 2023. The game can be successful by integrating Web3 and Blockchain, which is growing in interest among users.
MEMAG is a native brand of the platform and will be very critical to the ecosystem. The tokens have a maximum supply of one billion. This limited supply is expected to increase the token’s scarcity and increase its value. In addition to being a great investment asset, token holders get management rights for the project.
The MEMAG token is on presale. Currently, in presale stage five, MEMAG tokens are available for purchase for 0.019 USDT and will increase to 0.021 in the next round of presale. The project has a total of seven pre-sales, in the end, it shows a 228.6% increase in value for the first investors. The current presale round closes in four days, so it’s best to buy the token on the listing day to make a profit.
4. Fight (FGHT)
FightOut is here with a revolutionary project to help you reach your New Year’s fitness resolutions by moving into an unknown place of exercise-finding that can never be accomplished with a lack of guidance, infrastructure or motivation.
FightOut features a mobile app that can be considered as a personal trainer with several features such as fitness guides, progress scores, comparisons with other users and an avatar unique to you.
The platform goes beyond the conventional approach of fitness apps limited to just tracking steps. Fight Out opens physical gyms where users can physically visit and train, and any progress made by the user is reflected in the digital avatar, serving as a motivational tool.
FightOut offers two tokens, REPS and FGHT. Users are rewarded with REPS whenever they make some progress, and the token can be used to make in-app purchases. On the other hand, FGHT will be integral to FightOut’s ecosystem and can be used to purchase REPS tokens.
The FGHT token presale is currently live, users can purchase FGHT tokens for 0.01973 USDT. This price will increase over time until the end of the presale, when the tokens will be listed on CEX exchanges on April 5.
5. C+ Charge (CCHG)
The EV ecosystem has grown exponentially over the past few years, primarily driven by Tesla, which owns one of its more than 40,000 EV charging networks. There are hundreds of thousands of EV charging stations around the world, but there is no uniformity when it comes to charging.
C+Charge is set to change the EV landscape by introducing a carbon credit system using blockchain technology. Addressing common problems in the industry such as lack of transparency on charging stations and pricing inconsistencies across suppliers.
The company aims to make its name in the projected trillion dollar economy as it allows users to pay for their EVs with CCHG tokens. Users who use these tokens to make payments are rewarded with carbon credits, which offset carbon emissions in the environment and can be exchanged for CCHG tokens, reducing EV payment costs for users.
This method helps users to adopt EV vehicles conveniently and also to understand the concept of the project. Apart from this, users get many incentives from the government as well as tax benefits when using C+ Charge.
As mentioned earlier, CCHG is a platform-native token that is currently in pre-sale and has raised over $671k so far. The token is currently available for purchase at 0.013 USDT and will increase to 0.0165 USDT after moving to the next presale round.
These tokens are ephemeral, meaning that every time a transaction is made on the network, a portion of them is burned, thereby reducing their total supply and helping to increase the value of the token. Investors looking for a high utility project should definitely consider investing in C+ Charge.
6. Robotera (Bread)
RobotEra is a completely new metaverse project that can very well compete with the current number one project in its niche, Sandbox. Integrating NFTs with the Metaverse introduces an exciting game full of different earning possibilities.
Taro is a planet in the metaverse, destroyed by an army of robots, and now the scientist responsible for the death of all the inhabitants is left behind in a chain reaction. The surviving robots on the planet are now tasked with rebuilding and developing infrastructure on the barren land.
Each player is a robot, and each robot is represented in the metaverse as an NFT. These NFTs can be sold for passive income or sold to a buyer. Apart from this, there are other ways players can monetize NFTs.
Players have full ownership of all assets in the game, including in-game items and NFTs. These include the robots themselves, as well as any assets they build and own. Players can acquire these properties from the store or build new properties such as stadiums where players can charge other players to enter or decide to sell the property entirely. With Tarot, the possibilities never seem to end.
TARO is a native token of the platform currently in presale where participants can purchase the token for 0.020 USDT. To date, the project has raised over $816,000 and continues to attract new investments every day.
If you’re looking for a Metaverse project with a lot of potential, RobotEra is one of the best choices you’ll find. Hurry before the price increases to 0.025 USDT and the pre-sale goes to the next level.
Conclusion
We’ve gone through some of the highest-grossing projects of the day, as well as taking a look at some exciting pre-sales that have a bright future ahead of them. We hope this list has helped you plan your investment portfolio, but always remember to do your research before investing in any cryptocurrency projects.
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