The cryptocurrency market is flat today, with its $847 billion total cap unchanged in 24 hours, but down 4% in one week.
Despite the overall market being bearish, several currencies bucked the trend by posting gains today. Meanwhile, several new altcoins have recently opened for pre-sales, offering early investors the opportunity to realize market-beating gains once they are listed on exchanges for the first time.
Here are the coins worth keeping an eye on today.
FightOut (FGHT)
Running on Ethereum, FightOut (FGHT) is a fitness app that combines real-life workouts with Web3. Set to go live in the second quarter of next year, it aims to compete with the likes of STEPN and Sweatcoin, but instead of simply rewarding the steps a user takes, it will reward a much wider range of exercises, including boxing, lifting weight and yoga. 🇧🇷
Launched last week, the FightOut token sale has already raised over $2.3 million, priced at $1 for 60.06 FGHT tokens. The sale allocated 60% of the maximum total FGHT supply, which is capped at 10 billion, with the remaining 40% going towards FX liquidity and rewards and development.
Investors can participate in the sale by visiting the FightOut website and connecting their WalletConnect or MetaMask wallets, with participants being able to use ETH or USDT to purchase FGHT.
As an added incentive, the token sale currently offers bonuses of up to 50% for early investors, allowing them to gain even more value.
Looking at the fundamentals of FightOut, it will combine its fitness app with real-world workout sessions, with its whitepaper explaining that it will open up to 20 gyms of its own around the world, as well as partnering with several existing gyms.
In addition, FightOut will have a strong social element, allowing users to post status updates, comment on posts, share achievements and much more. It also plans to expand into staking, NFTs and the metaverse, making it one of the most ambitious new projects in the cryptocurrency ecosystem.
Visit FightOut now
Terra Luna Classic (LUNC)
LUNC is up 0.5% over the last 24 hours, rising to $0.00013848. That represents a 14% drop in one week and a 20% drop in a fortnight, with the altcoin also having sunk 14% in one month.
Despite recent declines, LUNC indicators suggest a weekend rally may be in the cards. Its 30-day moving average (red) has been below its 200-day average (blue) for over a week, but the fact that its relative strength index (purple) has soared above 60 suggests a turnaround.
The main reason for this increase in momentum is that the Terra Luna Classic community is voting on a new proposal, which would reverse the decision to send 50% of all LUNC burns to a community development pool. So far, 79% of all validators have voted ‘yes’ on the proposal, meaning it will almost certainly pass.
This in turn means that more (not less) LUNC will be burned in the coming weeks and months, with the total burn count now at 36.43 billion.
Of course, that’s just a fraction of the 6.87 trillion LUNC currently in circulation, but with the total steadily increasing each month – and with new plans and proposals to increase it even more – the altcoin supply will dwindle over time, leading to higher prices if current demand continues.
Dash 2 Trade (D2T)
Another new Ethereum-based platform, Dash 2 Trade is a trading intelligence application that provides investors with real-time analytics and social trading data, helping them stay ahead of the cryptocurrency market and make better investment decisions.
The sale of its D2T token raised over $10.5 million and is now in its final phase, which is expected to end in 13 days. From there, D2T will receive its first listings from January 11th, with BitMart, Changelly Pro and LBANK Exchange being the first exchanges to confirm support for the new token.
What makes Dash 2 Trade exciting is that it will include just about every feature a trader will need to have the best possible chance of profiting from the cryptocurrency market. This includes social sentiment metrics, on-chain analytics, trading signals, strategy building tools, news feeds, exclusive pre-sale access and new listing alerts, while more features will follow in late 2023.
With Dash 2 Trade set to launch in the first quarter of next year, and with the platform Twitter account already attracts more than 34,000 followersis in a strong position to enjoy considerable growth as cryptocurrencies steadily return to more bullish conditions.
Visit Dash 2 Trade Now
Dogecoin (DOGE)
DOGE is up 5.5% in the last 24 hours after a new listing on Bitstamp. Despite rising to $0.078220, it continues down 7% over the past week and 20% over the past 14 days.
DOGE indicators suggest that it is on the verge of a short-term recovery, with its RSI starting to rise from 30, indicating that it has been oversold.
As stated above, Bitstamp’s DOGE listing is the main reason why it is bouncing back today. The altcoin is also making up for dips earlier in the week, which occurred when Elon Musk announced he would step down as CEO once a new CEO is hired.
Musk’s decision is detrimental to DOGE in that it potentially reduces the likelihood of Twitter introducing dogecoin payouts of some sort. However, Musk will remain the owner of the social network, while also overseeing its software and server teams, so there’s still some chance of DOGE payouts or tipping at some point.
If so, expect DOGE to rise sharply, easily leaving its current price behind and perhaps returning to levels it has not seen since early 2022.
C+Charge (CCHG)
With the overarching goal of expanding access to carbon credits, C+Charge (CCHG) is a new point-to-point payment system for electric vehicle (EV) charging stations.
Recently, it launched the pre-sale of its native CCHG token, which will be used by its users to pay for the charge of its electric vehicles and its stations.
The CCHG token sale will have four stages in total, with the current first stage being sold at a price of $0.01300. This will eventually increase to a final sale price of $0.02350, meaning that CCHG will effectively earn 80% before it even lists.
CCHG will have a total supply of 1 billion, with 40% of that supply going for sale. With no vesting period for the pre-sale, early investors will be able to book profits once the coin is listed on exchanges in the new year.
Interestingly, C+Charge will reward users with carbon credits for charging their EVs at its stations, with these credits provided in the form of the platform’s Goodness Native Token (GNT). These credits can also be tokenized as NFTs, providing more possibilities to benefit from simply using the platform’s network of stations.
This network has already started to grow, with C+Charge already signing an agreement with Perfect Solutions Turkey, an agreement that will add 20% of EV chargers in Turkey to its network. This represents a strong statement of intent for C+Charge, which looks set to grow strongly in the coming months and years.
Visit C+Charge now
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