During the past 30 days, CryptoSlate Data shows that Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) significantly outperformed the market.
NOT surged more than 170% during the same period, while Monero rebounded 20%. Notably, all projects are still down more than 45% from their respective all-time highs, with Jasmy down 90%.
| name | ticker | 7D% | 30D% | price | %ATH |
|---|---|---|---|---|---|
| Notcoin | no | -6.62% | +179.17% | $0.01515 | -47% |
| Tor Chain | rune | -16.68% | +81.52% | $4.12811 | -54% |
| JasmyCoin | jasmi | -12.44% | +51.91% | $0.03105 | -90% |
| Ethereum Name Service | Ens | +29.41% | +28.41% | $26.1050 | -57% |
| monero | XMR | -4.35% | +20.26% | $169.288 | -67% |
Notcoin (NOT)
Notcoin (NOT), the token of a popular Telegram-based game, has experienced significant growth over the past 30 days, making it one of the best-performing cryptocurrency projects during this period.
This surge began when the token was listed on Binance, the world’s largest cryptocurrency exchange. This listing will increase the price of NOT, making the token more accessible and trustworthy. Telegram founder Pavel Durov’s public support for Notcoin later fueled the rally. Durov said the value of the NOT tokens he donated had quadrupled, causing the price to skyrocket.
Notcoin’s impressive performance has been driven by its innovative tap-to-yield mining model and the launch of new features such as staking capabilities and token burns. These developments attracted the attention of many users and investors, increasing the token’s market capitalization to over $2.5 billion at its peak.
Despite a recent correction that saw NOT’s price drop more than 40% from its all-time high, the token has maintained strong trading volume and community support. Analysts suggest that the current economic downturn could provide a buying opportunity, with the potential for future gains as markets stabilize.
Overall, Notcoin’s combination of strategic exchange listings, impactful endorsements, and innovative features has solidified its position as an outperformer in the volatile cryptocurrency market.
TorChain (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 can be attributed to several key developments and market forces.
THORChain has increased its trading volume share by 10x, establishing itself as a top 15 decentralized exchange (DEX). 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, 48% increase in liquidity, and 57% increase in depositors during the first quarter of 2024. These metrics highlight the growing adoption and utilization of THORChain services.
Overall, THORChain’s strong performance and strategic development have established it as one of the top-performing cryptocurrency projects with promising prospects for the future.
Ethereum Name Service (ENS)
Ethereum Name Service (ENS) has emerged as one of the best-performing cryptocurrencies, with its price surging more than 20% over the past 30 days. This rally can be attributed to several factors, including increased adoption, regulatory clarity, and overall optimistic sentiment surrounding the Ethereum ecosystem.
One of the main drivers of ENS’ recent price surge is the increasing adoption of the protocol by various decentralized applications (dApps) and projects within the Ethereum ecosystem. Demand for ENS domains has skyrocketed as more developers recognize the benefits of using human-readable names instead of long, complex addresses.
Additionally, the regulatory clarity provided today by the U.S. Securities and Exchange Commission (SEC) regarding Ethereum’s non-securities status further fueled this rally. The SEC’s decision to suspend its investigation into Ethereum eased investor concerns and paved the way for the approval of a spot Ethereum ETF, which could potentially spur more demand for the ENS domain.
With innovative solutions that simplify blockchain interactions and increase adoption within the Ethereum ecosystem, ENS has solidified its position as a key player in the cryptocurrency market, attracting investors and driving prices to new heights.
JASMY Coin
JasmyCoin (JASMY), a cryptocurrency project focused on data privacy and the Internet of Things, has seen an incredible price surge of over 50% in the past 30 days. The JASMY token rose from around $0.019 on May 19th to over $0.031 on June 19th, outperforming many other major cryptocurrencies during this period.
One of the main drivers of JASMY’s recent price increase has been increased adoption and interest in 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 home appliances. This strengthens JASMY, allowing users to securely store and monetize personal data generated by Panasonic’s IoT products.
There have also been unconfirmed rumors that JASMY may be exploring integrations with major smartphone manufacturers to include data lockers in their devices by default. If confirmed, JASMY’s user base and utility could increase significantly.
JASMY is still a relatively small market capitalization project, but with the focus on data privacy, concerns are growing about big tech companies leveraging user data.
Monero (XMR)
Monero (XMR), a leading privacy-focused cryptocurrency, has seen significant gains over the past month, establishing itself as one of the best performers in the cryptocurrency market.
The rally may be due to increased demand for privacy and anonymity in financial transactions as concerns about government surveillance and data breaches continue to rise globally. Monero’s unique privacy features that obfuscate transaction details and hide the identities of senders and recipients have made it an attractive choice for individuals and organizations seeking to protect their financial privacy.
Additionally, the recent delisting of Monero from several major cryptocurrency exchanges, including Binance, paradoxically increased investor interest in the project. Many see the delisting as an attempt by a centralized entity to undermine privacy and financial freedom, further cementing Monero’s appeal among privacy advocates and cypherpunks.
Monero’s strong fundamentals, including an active development community and strong network security, have also contributed to its positive price/performance ratio. The project’s efforts to continuously improve privacy features and resist censorship have resonated with its growing user base.
As of June 19, Monero’s price had surged more than 20% in the past 30 days, outperforming most other major cryptocurrencies and solidifying its position as a leading privacy coin. With privacy concerns showing no signs of abating, Monero’s upward trajectory could continue in the coming months.