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Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) Massively Outperform the Market Over the Past 30 Days

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2024-06-20 00:54:40598browse

Over the past 30 days, CryptoSlate data shows that Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) have massively outperformed the market.

Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) Massively Outperform the Market Over the Past 30 Days

CryptoSlate data shows that Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) have massively outperformed the market over the past 30 days.

NOT has soared over 170%, while Monero has rebounded 20% over the same period. Notably, all projects are still down over 45% from their respective all-time highs, with Jasmy down 90%.

Here’s a closer look at the top five best-performing crypto projects over the past 30 days:

Notcoin (NOT) has experienced a significant surge in market value over the past 30 days, making it one of the best-performing crypto projects in this period. The native token of the popular Telegram-based game began its rally with a listing on Binance, the world’s largest crypto exchange. This listing led to an increase in NOT’s price, providing greater accessibility and credibility to the token. Following this, Telegram founder Pavel Durov’s public endorsement of Notcoin further fueled the rally. Durov revealed that the value of NOT tokens he donated had quadrupled, leading to a price jump.

Notcoin’s impressive performance was also driven by its innovative tap-to-earn mining model and the launch of new features such as staking functions and token burns. These developments attracted many users and investors, pushing the token’s market cap to over $2.5 billion at its peak.

Despite a recent correction, where NOT’s price dropped by over 40% from its all-time high, the token has maintained strong trading volumes and community support. Analysts suggest that the current downturn might present a buying opportunity, with the potential for future gains as the market stabilizes.

Overall, Notcoin’s combination of strategic exchange listings, influential endorsements, and innovative features has solidified its position as a standout performer in the volatile crypto market.

THORChain (RUNE) is the native crypto of the decentralized liquidity protocol THORChain, and it has seen a remarkable surge in market value over the past 30 days. This impressive performance can be attributed to several key developments and market forces.

THORChain has seen a tenfold increase in its volume share, positioning it as a top 15 decentralized exchange (DEX). Additionally, THORChain’s ecosystem has expanded significantly, with notable volume, liquidity, and user engagement growth. The platform reported a 53% increase in volume, a 48% rise in liquidity, and a 57% growth in savers during the first quarter of 2024. These metrics highlight the growing adoption and utilization of THORChain’s services.

Overall, THORChain’s robust performance and strategic developments have positioned it as one of the best-performing crypto projects, with a promising outlook for the future.

The Ethereum Name Service (ENS) has emerged as one of the top-performing cryptocurrencies over the past 30 days, with its price surging by over 20%. The rally can be attributed to several factors, including growing adoption, regulatory clarity, and the overall bullish sentiment surrounding the Ethereum ecosystem.

One of the primary drivers behind ENS’s recent price surge is the increasing adoption of the protocol by various decentralized applications (dApps) and projects within the Ethereum ecosystem. As more developers recognize the benefits of using human-readable names instead of long, complex addresses, the demand for ENS domains has skyrocketed.

Additionally, today’s regulatory clarity from the U.S. Securities and Exchange Commission (SEC) regarding Ethereum’s status as a non-security has further fueled the rally. The SEC’s decision to drop its investigation into Ethereum has alleviated concerns among investors and paved the way for the approval of spot Ethereum ETFs, which could potentially drive even more demand for ENS domains.

With its innovative solution for simplifying blockchain interactions and the growing adoption within the Ethereum ecosystem, ENS has solidified its position as a key player in the crypto market, attracting investors and driving its price to new heights.

JasmyCoin (JASMY) is a crypto project focused on data privacy and the Internet of Things, and it has seen a remarkable price surge of over 50% in the last 30 days. The JASMY token rallied from around $0.019 on May 19 to over $0.031 by June 19, outperforming many other major cryptocurrencies during this period.

JASMY 最近价格上涨的关键驱动因素之一是对该项目的数据锁定技术的日益采用和兴趣。 5月下旬,Jasmy宣布与日本电子巨头松下合作,将其数据储物柜集成到松下的智能家居设备和电器中。这推动了 JASMY 的发展,使用户能够安全地存储松下物联网产品生成的个人数据并从中获利。

此外,有未经证实的传言称 JASMY 可能是

新闻来源:https://www.kdj.com/cryptocurrencies-news/articles/notcoin-thorchain-rune-ethereum-service-ens-jasmycoin-jasmy-monero-xmr-massively-outperform-market -days.html

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