In the past 30 days CryptoSlate Data shows that Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) have vastly outperformed the market.
NOT is up over 170%, while Monero is up 20% over the same period. It is striking that all projects are still more than 45% lower than their respective record levels, while Jasmy is 90% lower.
| Name | Ticker | 7D% | 30D% | Price | %ATH |
|---|---|---|---|---|---|
| Non-coin | NOT | -6.62% | +179.17% | $0.01515 | -47% |
| THORChain | RUNE | -16.68% | +81.52% | $4.12811 | -54% |
| JasmyCoin | JASMIE | -12.44% | +51.91% | $0.03105 | -90% |
| Ethereum name service | ENS | +29.41% | +28.41% | $26,1050 | -57% |
| Money | XMR | -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 this period.
The rise started with the token’s listing on Binance, the world’s largest crypto exchange. This listing led to an increase in the price of NOT, making the token more accessible and credible. Following this, Telegram founder Pavel Durov’s public support for Notcoin further fueled the rally. Durov revealed that the value of the NOT tokens he donated had quadrupled, leading to a price increase.
Notcoin’s impressive performance was also due to 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, bringing the token’s market capitalization to over $2.5 billion at its peak.
Despite a recent correction, which saw NOT’s price drop more than 40% from its all-time high, the token has maintained strong trading volumes and community support. Analysts suggest the current downturn could provide a buying opportunity, with potential for future gains as the market stabilizes.
Overall, Notcoin’s combination of strategic listings, influential recommendations, and innovative features have solidified its position as a standout player in the volatile crypto market.
THORChain (RUNE)
THORChain (RUNE), the native crypto of the decentralized liquidity protocol THORChain, has experienced 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 volume share tenfold, positioning it as one top 15 decentralized exchange (DEX). Furthermore, THORChain’s ecosystem has expanded significantly, with remarkable growth in volume, liquidity and user engagement. The platform reported a 53% increase in volume, a 48% increase in liquidity and a 57% growth in the number of savers in the first quarter of 2024. These figures highlight the increasing acceptance 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 promising prospects for the future.
Ethereum Name Service (ENS)
The Ethereum Name Service (ENS) has become one of the best performing cryptocurrencies over the past 30 days, with its price increasing by more than 20%. The rally can be attributed to several factors, including growing adoption, regulatory clarity, and overall bullish sentiment surrounding the Ethereum ecosystem.
One of the main drivers behind the recent price increase of ENS is the increasing adoption of protocols by various decentralized applications (dApps) and projects within the Ethereum ecosystem. As more developers realize the benefits of using human-readable names instead of long, complex addresses, demand for ENS domains has skyrocketed.
Furthermore, clarity from the US Securities and Exchange Commission (SEC) on Ethereum’s non-security status has further fueled the rally. The SEC’s decision to drop its investigation into Ethereum has allayed investor concerns 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 growing adoption within the Ethereum ecosystem, ENS has solidified its position as a major player in the crypto market, attracting investors and driving the price to new heights.
JasmyCoin (JASMY)
JasmyCoin (JASMY), the crypto project focused on data privacy and the Internet of Things, has seen a remarkable price increase of over 50% in the past 30 days. The JASMY token rose from around $0.019 on May 19 to over $0.031 on June 19, outperforming many other major cryptocurrencies during this period.
One of the main drivers behind JASMY’s recent price increase is the growing acceptance and interest in the project data locker technology. At the end of May, Jasmy announced a collaboration with the Japanese electronics giant Panasonic to integrate its data locker into Panasonic’s smart appliances and devices. This has given JASMY a boost, allowing users to securely store and monetize their personal data generated by Panasonic’s IoT products.
Additionally, there were unconfirmed rumors that JASMY may be exploring integration with major smartphone manufacturers to include standard data lockers in their devices. If confirmed, this could greatly expand JASMY’s user base and usefulness.
While JASMY is still a relatively small market cap project, its focus on data privacy resonates with growing concerns about big tech companies exploiting user data.
Monero (XMR)
Monero (XMR), the leading privacy-focused cryptocurrency, has seen a remarkable rise over the past month, cementing its position as one of the top performers in the crypto market.
The rally can be attributed to a growing demand for privacy and anonymity in financial transactions, as concerns about government surveillance and data breaches continue to rise worldwide. Monero’s unique privacy features, which obscure transaction details and hide the identities of senders and recipients, have made it an attractive choice for individuals and organizations looking to protect their financial privacy.
Furthermore, the recent delisting of Monero from several major crypto exchanges, including Binance, has paradoxically fueled investor interest in the project. Many see the delistings as an attempt by centralized entities to undermine privacy and financial freedom, further strengthening Monero’s appeal among privacy advocates and cypherpunks.
Monero’s strong fundamentals, including its active development community and robust network security, have also contributed to its positive price performance. The project’s commitment to continually improving privacy features and resisting censorship has resonated with a growing user base.
As of June 19, Monero’s price has risen more than 20% over 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 trend could continue in the coming months.