Skip to content

Weekly Report: XEN +949% (30d)

BTC $27.9k, ETH $1.8k, OKB +11%, XEN +949% (30d)

Table of Contents

In this report:

  • Week in Review -  Pepe (Meme Coin) Explodes +4,200x
  • Top 100 Gainers (7-days): OKB (OKB) +11.9% (7d)
  • Small Cap Gainers (30-days): Xen Crypto (XEN) +949% (30d)
  • Monthly Altcoin Pick: Altcoin Pick for April will be released next week

What Happened This Week?

The top crypto stories this week:

Meme Tokens are Gaining Popularity:

The big story this week is of an investor who bought early into the meme coin Pepe and turned his $250 investment into over $1M in less than four days.

In less than a week, the Pepe Meme Coin increased by more than 4,200x making almost instant millionaires for many investors.

What are Meme Coins?

Meme Coins are highly speculative cryptos with no intrinsic value and derive their value from internet memes, cultural references or social media trends.

If you are interested in getting in early on high-potential tokens, especially if you are considering investing in meme coins, I'd highly recommend you check out our 100x Altcoin strategy, where we discuss how to find newly minted/released coins and the tools you need to find them.

How to find 100x Altcoins - 100x Altcoin Investing Strategy
Use this strategy to find newly minted Cryptos with 100x potential.

The Current Meme Craze

This current meme coin craze does highlight a key sentiment shift in the market. We are seeing that investors are now willing to assume more risk, which is likely due to more positive consumer sentiment in the crypto market. We haven't seen such an increase in positive consumer sentiment to this extent since August of last year.

The rise in meme coins is a potential indicator that it's also a good time to start front-running more speculative investment assets (such as low-cap altcoins).

Although the crypto market is down from last week, when Bitcoin exceeded $30k, I am still highly optimistic we are entering the early stages of the next bull market.

Since the beginning of the year (when Bitcoin was around $15k), BTC has already seen an almost 2x increase in price in just the last 4 months.

It's during this current phase of the market (the accumulation phase) it is important to be building your crypto asset portfolio in preparation for the upcoming bull market.

If you are interested in following us and seeing our next Altcoin pick, be sure to signup as a member to be in time for our upcoming Altcoin pick will be released next week.

Have a great weekend!

Crypto Fear & Greed Index

Today's Crypto Fear and Greed index = Neutral -- Decreased to 50 (from 68 last week).

Crypto Market at a Glance: - Last 7 days

Bitcoin & Ethereum Price Movement

Bitcoin has decreased 7.8% in the last week, currently trading at $27,943 (90-day high of $31,005). In the previous 90 days, Bitcoin has increased by 20.1%.

Ethereum has decreased 9.2% in the last week, currently trading at $1,885 (90-day high of $2,137). In the previous 90 days, Ethereum has increased by 13.5%.

Global cryptocurrency market capitalization continues to sit above the trillion dollar mark, sitting at $1.177T.

Digital Asset Newsletter

If you are interested in learning about investing in digital assets, I highly recommend checking out Richard Patey's free newsletter where he breaks down some of the most interesting digital asset investment opportunities and news stories, from NFTs, crypto domains, online content sites, newsletters, and more.

Top 100 Gainers - Last 7 Days

Over the last 7 days, the biggest gainers (within the top 100):

OKB (OKB) +11.9% - Ranked #23

KB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx. The exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs.

OKEx is similar in many aspects to the cryptocurrency exchange giant Binance, but there are a few key differences. The OKEx platform has its own cloud mining service, and the company has a more focused reach in providing options trading for users.

Casper (CSPR) +7.4% - Ranked #84

Casper is the first live proof-of-stake (PoS) blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.

With its future-proof architecture, Casper is designed to ensure the platform is continually developed according to the evolving needs of its users, and that it’s maximally accessible to developers of all backgrounds.

As per the official whitepaper, Casper is optimized to suit both enterprise and developer needs. Casper’s mission is to usher in a new era for Web3, as demand for intuitive, interconnected services continues to grow across the board. Casper does this by solving the adoption trilemma: offering enterprise-grade security, scalability and decentralization all within the same blockchain protocol.

Zilliqa (ZIL) +5.8% - Ranked #87

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second.

Zilliqa seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.

Internet Computer (ICP) +4.4% - Ranked #28

Internet Computer provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.

The purpose of the Internet Computer blockchain is to add World Computer functionality to the public internet. On the Internet Computer, developers can build decentralized online systems and services entirely on the blockchain, without using centralized traditional IT.

Top Altcoin Research Tool

If you are looking for a research tool to help find newly minted coins that are getting traction, the next meme coin (it's how I found Pepe), or just want to get in early on a brand new project with great potential-  check out Moralis Money.

100x altcoin strategy

Our 100x Altcoin strategy article discussed how to use it

Biggest Micro Cap Gainers in the last 30 days

Every week we review and analyze small and micro market cap cryptos looking for the next low-cap gem. Every month we research the cryptocurrency marketplace for the next successful cryptocurrency project and announce it to our subscribers as our Monthly Altcoin Pick.

The best-performing cryptocurrency projects which fall into the nano & micro-cap projects over the last 30 days are:

Best Performing Micro Cap projects (30 days):

Monthly Altcoin Pick:

We will be releasing our Altcoin Pick for April next week. If you would like access to this Altcoin Pick and future ones, please consider becoming a member. Altcoin picks are emailed to members as soon as they are published.

Our Altcoin Picks for the prior months can be found here.

If you would like to support this publication and have access to member benefits, such as our monthly Altcoin Pick, signup here.

Thanks and appreciation to all our members!

Until the next report,