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Top Crypto Gainers Today May 23 – Meme and Alt Coins

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Currently, numerous cryptocurrencies are facing price fluctuations and bearish trends in both the short and long term.

However, amid this market volatility, a few emerging crypto projects are establishing themselves as significant players within the meme coin space.

The growth of these projects can be attributed to the increasing adoption and usefulness of various meme coin tokens. These factors are fueling their popularity and value in the market.

As of May 23, several projects/coins, such as Launchpad, AiDoge, yPredict, ECOTERRA, DLANCE, KAVA, Toncoin, Optimism, Neo, and Render are demonstrating noteworthy prices and displaying potential for further price appreciation.

Launchpad XYZ (LPX)

Launchpad

Source: Twitter

The groundbreaking Web3 platform, Launchpad XYZ, has achieved a successful presale of its token, raising an impressive amount of $564,838.27.

This platform is designed to tackle several challenges commonly associated with Web3, including complex navigation and limited access to new applications and products.

Launchpad XYZ consolidates various offerings such as crypto games, trading tools, NFT marketplaces, and more, providing users with a comprehensive solution within a unified platform.

At present, $LPX tokens are accessible in the fifth stage of the presale, offered at a price of $0.0445.

Potential investors are urged to seize the opportunity to acquire tokens at this presale price before it get listed on exchanges at $0.0565.

AiDoge (AI)

AiDoge

Source: AiDoge

The presale of $AI tokens by AiDoge has achieved exceptional success, exceeding all fundraising expectations.

At present, the presale has already accumulated more than $12.2 million, demonstrating enthusiastic interest and backing from the community.

$AI serves as the native token for AiDoge, an innovative platform focused on meme creation and community involvement.

AiDoge tokens are selling out rapidly and have currently reached stage 16 of the presale. The value of 1 $AI token is currently $0.000032, but it is expected to increase to $0.0000324 as the presale progresses into the next stage in the coming days.

yPredict (YPRED)

yPredict

Source: yPredict Site

At present, the yPredict tokens represented as $YPRED, have entered the fifth stage of the presale and have raised over $1 million.

In the upcoming stage, there will be a significant 40% increase in the token price, rising from the current $0.07 to $0.09.

After the conclusion of the YPRED token presale, these tokens are expected to be listed on various exchanges at a price of $0.12.

However, it’s crucial to note that only four more presale stages remain before the tokens are listed, highlighting the importance for investors to secure their desired allocation of $YPRED tokens promptly.

Ecoterra (ECOTERRA)

Ecoterra

Source: Ecoterra.io

Ecoterra’s (ECOTERRA) presale has surpassed a significant funding milestone, accumulating over $4 million.

This project is driven by a strong focus on revolutionizing the cryptocurrency industry by championing environmental sustainability and striving for a greener world for all beings.

Currently, the $ECOTERRA tokens are in stage 7 of the presale, being rapidly sold at a rate of $0.00850 per token.

It’s worth noting that as the presale progresses, the price of $ECOTERRA tokens is expected to rise.

In stage 8, anticipated to commence in the next few days, the price is projected to increase to $0.00925 per token.

Following the conclusion of the presale phase, $ECOTERRA tokens will be listed on multiple cryptocurrency exchanges with an initial price of $0.01 per token.

DeeLance (DLANCE)

DeeLance

DLANCE is currently in the midst of its presale, precisely at stage 5, where the token can be acquired at $0.033 per token.

It’s important for investors to take note that the price will rise to $0.038 in the subsequent stage of the presale.

This progressive pricing approach encourages early investors to engage in the presale, granting them the chance to obtain DLANCE tokens at a comparatively lower price.

The expected listing price for the token is $0.057, providing an opportunity for current buyers to potentially earn significant profits at that point.

DeeLance is showing good progress in its presale, having raised an impressive amount of $988,689.22 since its inception.

Kava (KAVA)

At present, Kava (KAVA) is valued at $1.22 in the market. Within the last 24 hours, Kava has witnessed a 10.90% price surge.

This upward trend reflects a positive market sentiment and signals an increasing demand for KAVA tokens.

KAVA Technical Analysis Using Indicators

KAVA/USDT 1D Chart | Source: TradingView

Based on the daily chart, the asset is trading above the 200-Day and 50-Day Simple Moving Averages (SMA). This indicate that the market is experiencing a strong bullish sentiment.

The Relative Strength Index (RSI) with a reading of 75.4 suggests that the asset is currently in the overbought region. This indicates that the current bullish momentum and buying pressure is high.

Lastly, the Moving Average Convergence/Divergence (MACD) is indicating a strong bullish sentiment as its trading above the signal line. Also the histogram validates the bullish with a strong green bars and is above zero.

Notably, the three indicators above are suggesting a potential bullish trend both in short-term and long-term trends.

Toncoin (TON)

Recently, the price of TON witnessed a rapid price increase causing investors and traders to be optimistic about the potential of the asset.

The market bull’s refusal to surrender control has contributed to significant price gains and this also increases positive market sentiment.

Notably, the asset is up by today 4.90% representing an increase of $1.92 with a trading volume $11.4 million

TON Technical Outlook Using Indicators

TON/USDT 1D Chart | Source: TradingView

The Relative Strength Index (RSI) for TON is currently at 42.51, indicating a neutral market.

However, it’s important to note that the RSI line is approaching the overbought region (above 70). This suggests a possibility of increased buying pressure and a potential overvaluation.

The Moving Average Convergence/Divergence (MACD) is trying to cross above the signal line, suggesting a rising pressure from the bulls.

This indicates that the bulls are building up momentum to take the price of TON higher.

The asset is trading below the 200-Day and 50-Day Simple Moving Averages (SMA) indicating a potential bearish sign.

But, it seems the price has formed a strong green candle heading towards the SMAs, suggesting a rising momentum.

Optimism (OP)

Optimism (OP) has been on an uptrend movement for the last seven days with an increase of 3.07%.

The bulls still maintained the bullish momentum as the asset is currently trading today at $1.67 representing an increase of 3.03%

As the asset’s price rises, it often attracts more buyers and investors who believe in its potential for further growth. Increased demand can lead to higher trading volumes and liquidity in the market.

OP Technical Review Using Indicators

Source: TradingView

The OP/USDT has just breakout from the daily trendline, suggesting a potential trend reversal and an end-to-downtrend movement.

The breakout that occurred in the bearish trendline may be considered as confirmation of a trend reversal for traders and investors.

The Relative Strength Index (RSI) is currently at 41.99, suggesting a neutral market.

The Moving Average Convergence/Divergence (MACD) is currently trading above its signal line, indicating bullish sentiment. Also, the histogram showing strong green bars, confirms the bullish momentum present in the market.

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