The crypto market is back in extremely bearish territory, with Bitcoin trading firmly below the $26,000 price level. The global crypto market cap shrunk by over 3% in the past 24 hours and has fallen to $1.04 Trillion.
While major altcoins like XRP, Solana and MATIC are seeing strong corrections, the recently launched CyberConnect token is seeing a strong 55% bull rally. $CYBER is currently the top-most trending token on CoinMarketCap, with traders paying as much as 2000% annualised fees to purchase it.
Similarly, yPredict and Launchpad XYZ are two other new tokens that are also generating a strong buzz.
$CYBER Skyrockets Despite Bearish Market Outlook, How Long Will The Rally Last?
CyberConnect has emerged as one of the highest-flying tokens in the crypto market, despite the prevalent bearishness. $CYBER has surged over 55% over the past 24 hours and is currently priced at an all-time high of $13.
The token had an unimpressive debut after its launch on the 15th of August this year and was priced at $3.40 just three days ago. However, it has skyrocketed by over 200% since then, with an all-time high market capitalization of $119 million.
Cyber’s bull rally is even more impressive considering the lack of liquidity that is plaguing every other asset in the crypto market including Bitcoin.
TradingView, a technical analysis platform, gives a Strong Buy signal to the token in the hourly time frame where it is currently outperforming every important moving average indicator. Bulls would next hope to flip the Commodity Channel Index, which is currently the only red oscillator indicator.
CyberConnect is designed to revolutionise the world of social networking, taking a decentralised approach that grants users ownership of their data. The token’s strong performance can be attributed to the rapid growth in its ecosystem, led by key partnerships and mainstream adoption.
Binance has announced a Simple Earn Quiz Promotion for Cyber, where participants share $50,000 in $CYBER locked products. Similarly, the Carbon browser and zkLink rollup execution layer have also partnered with the company.
Due to its growing popularity, traders are paying as much as 2000% annualised fees to purchase $CYBER on margins. Expert analyst @GVRCALLS, who has over 100K followers on Twitter, purchased the token at $3.58 and some traders expect it to surge as high as $20 in the next 30 days.
Bulls would hope that $CYBER sees a strong continuation despite complex macroeconomic conditions.
Meanwhile, other high-utility tokens like Launchpad XYZ and yPredict are showing bullish momentum in their respective ICOs and could be the next tokens to see similar gains.
Launchpad XYZ Surges Past $1.5 Million In Presale – Could It Be The Next Utility Token to Pump?
The complexities of the crypto market can be extremely intimidating even for crypto natives, let alone beginners. To combat this, Launchpad XYZ is seeking to be the “home of Web3” for the next 10 million crypto users, offering a wide array of powerful products that can cater to their every need.
The Launchpad XYZ ecosystem is specially designed to help traders gain a competitive edge in the world of crypto trading. For example, the Launchpad Quotient feature ranks a diverse set of crypto assets across 400 data points, making sure that traders do not miss out on the next Pepe or Floki.
The platform is also offering limited access to its alpha calls trading group on Telegram to help users take advantage of the next 10x crypto asset. The group has already revealed several gems, with tokens like Elon 2.0 delivering as much as 29x gains.
However, Launchpad XYZ is not just a powerful trading platform, but a central portal for all things Web3. Users can take advantage of its custom Web3 wallet, a premium NFT marketplace, a play-to-earn gaming hub and its own AI-language model.
Due to the platform’s incredible potential, its $LPX native token has already raised more than $1.5 million in its ICO. Presale buyers will also earn an attractive 19% bonus, along with NFT-based premium access passes that could unlock exclusive perks.
Revolutionary AI-Powered yPredict Platform Also Turning Heads as Token Approaches $4 Million
Another utility token making waves is yPredict, which is leveraging two of the most groundbreaking and futuristic technologies – artificial intelligence and blockchain technology. Such projects are in high demand, especially after NVIDIA’s meteoric bull rally this year.
The $YPRED token has also raised $3.6 million in its presale and is well on its way to hitting the $4 million milestone.
All token holders will have lifetime access to the Market Predictions tool, which predicts the price of thousands of crypto assets and securities. They can also enjoy attractive discounts on various yPredict services, along with lucrative quarterly staking rewards as high as 45%.
YPredict is an all-in-one trading ecosystem, fuelled by AI-based analytical tools. Its flagship product is the Marketplace platform which allows AI/ML experts and quants to publish state-of-the-art predictive models and data insights. Traders can then subscribe to these models and obtain real-time signals to make informed decisions.
Investors can also head to the yPredict Analytics platform to gain an unbeatable edge in the crypto market through sentiment analysis, transaction data analysis and cutting-edge chart pattern recognition.
Pro traders can also execute their trades through the yPredict terminal engine at a blazing-fast speed.
Interested buyers can purchase the token through bank cards or by swapping ETH, BNB or USDT tokens.