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🔥Weekly Report: RHYTHM 6,655% (30d)

BTC $29.8k, ETH $1.8k, MKR +24% (7d), RHYTHM +6,655% (30d)

Table of Contents

In this report:

  • The Markets: FedNow Just launched in the U.S.
  • Top 100 Gainers: Maker (MKR)  +24% (7d)
  • Micro-Cap Gainers (30-days): Rhythm (RHYTHM) +6,655% (30d)
  • Monthly Altcoin Pick: Altcoin Pick will be released next week

Latest Crypto News:

Moon: Reddit’s r/CryptoCurrency +400% (7d)
The native token of Reddit’s r/CryptoCurrency community, known as Moons (MOON), has skyrocketed over the past week
Steller (XLM) Rallies 24% in 24 hours
Stellar (XLM) has reclaimed its position as the top-performing digital asset in the top 100 with a +25% rally in 24 hours.
Crypto Memes Could Land You in Jail
UK’s Financial Authority Targets Crypto Memes and Finfluencers, under a newly proposed guidance.
Bank Price Prediction: BTC to $120K by End-2024
In a recent research report by Standard Bank, they predict Bitcoin (BTC) could surge to $50,000 by the end of this year and potentially reach an impressive $120,000 by the close of 2024.

Do You Remember This?

In 1988, the cover story for The Economist illustrated a picture of a Phoenix with the title "Get ready for a world currency" and a coin that resembles, the logo for Stellar (XLM), (an ISO 200222 compliant cryptocurrency).

Logo for Stellar Lumens (XLM)

It wasn't until twenty years after this article was published that Bitcoin came into existence and now today, Bitcoin, cryptocurrencies, and CBDCs are at the forefront of many people's minds.

In just the last month, we have seen a considerable increase in the price of ISO 20022 Cryptos, namely:

  • Ripple (XRP): +57% (30d)
  • Stellar (XLM): +84% (30d)
  • XDC Network (XDC): +21% (7d)

Even though that Economist article was written more than 35 years ago, we are now seeing this new world currency take shape, however today it's now being referred to as The New Quantum Financial System.

The New Quantum Financial System

Earlier this week I wrote an article on Medium, titled The New Quantum Financial System which covers this plan in detail

A new global international monetary system that uses blockchain technology and quantum computing to conduct financial transactions.

You should be paying attention, because this new financial system will impact your everyday life!

In this article, I discuss how cash, as we know it will no longer exist and how we 'use and define' money, will also change.

Also, I talk about how this new financial system could have the potential to become the greatest single threat to personal liberty and freedom in our lifetime.

You can read the full article on Medium here

Oh, and just yesterday first government-created platform for instant cash transfers called FedNow went live...

FedNow: The New Instant Payment System

If you missed it, yesterday was the official launch of the FedNow payment system, for those living in America.

FedNow is the first government-created platform to help transfer money in real-time, similar to what the private sector has created through payment apps like Venmo and Cash App that send funds almost instantly but outside of bank accounts.

While it's not known whether the FedNOW system is based on blockchain technology and even though the government has outright denied it is part of its CBDC initiative, it is one step closer to a cashless society, and the use of programmable money.

If you are curious about where our monetary system is heading, I highly recommend you read my latest article  - The New Quantum Financial System.

Join Us - As We Accumulate

Next week we will be releasing our Altcoin pick for the month. For the next few months as the market continues to warm up, we will be buying well-known and undervalued crypto projects and as the market becomes more bullish, our focus will shift to small and micro-cap altcoins.

While it is true most crypto millionaires make their wealth in a bull market, you need to have some skin in the game beforehand. We call this phase of the market, the accumulation phase - the time to be accumulating your crypto portfolio.

If you would like to know what we are buying, you are more than welcome to join us as we share our monthly altcoin picks in preparation for the next bull market - You just need to become a member.


Crypto Market at a Glance (7D): - Last 7 days

Crypto Fear & Greed Index:

Crypto Fear & Greed Index

Today's Crypto Fear and Greed index = Neutral -- Decreasing to 50 (from 60 last week).

Bitcoin & Ethereum Price Movement

Bitcoin has decreased 3.31% in the last week, currently trading at $29,895. In the previous 90 days, Bitcoin has increased by 8.06%.

Ethereum has decreased 3.70% in the last week, currently trading at $1,895. In the previous 90 days, Ethereum has increased by 0.71%.

Global cryptocurrency market capitalization has decreased from $1.23T to $1.2T in the last week.

best cryptocurrency to buy now

Top 100 Gainers - Last 7 Days

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

Maker (MKR) +24.5% - Ranked #40

Maker (MKR) is a cryptocurrency token associated with the MakerDAO and Maker Protocol, both of which are part of the Ethereum blockchain. These systems support a decentralized platform which includes DAI, a stablecoin whose value is intended to mirror the US dollar. MKR tokens are used within the MakerDAO system for governance among other things.

XDC Network (XDC) +21.1% - Ranked #71

The XinFin Digital Contract (XDC) Network is a hybrid blockchain network focused on enhancing global trade and finance by combining the transparency of public blockchains and the security of private ones.

The native cryptocurrency of this network, XDC, facilitates transactions and incentivizes participants within the ecosystem. XinFin uses a unique consensus mechanism called XinFin Delegated Proof of Stake (XDPoS), designed to create a more democratic, scalable, and environmentally friendly network.

Stellar (XLM)+17.7% - Ranked #21

Stellar is a decentralized, open-source platform for transferring digital currency. It operates using the Stellar Consensus Protocol and its native cryptocurrency is known as Stellar Lumens (XLM).

Stellar aims to connect financial institutions and reduce the cost and time required for cross-border transfers. Notably, Stellar allows for the issuance and transfer of tokens representing any fiat currency or commodity, fostering financial inclusion and remittance efficiency.

Stellar is also one of the few ISO 20022 compliant cryptocurrencies.

Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. It helps to bridge the gap between on-chain and off-chain systems, allowing smart contracts to execute based on real-world data such as weather, sports outcomes, or stock prices. This is achieved through a network of oracles that fetch and validate this data. Chainlink uses its own cryptocurrency, LINK, to pay node operators for their services.

Chainlink is considered a significant project in the blockchain industry due to its unique role in enhancing the functionality and use cases of smart contracts.

Micro-cap altcoins

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. These are the best-performing (quality) micro-cap projects over the last 30 days:

Best Performing Quality Micro Caps (Last 30 days):

  • RHYTHM +6,655% - Music Streaming | Tokenized Albums (Nano-Cap)
  • JIM               +445% - AI Bots for Viral Content Twitter/Discord (Micro-Cap)
  • XVG            +265% -  Verge - Private & Anonymous Crypto (Micro-Cap)
  • MOON         +231% - Reddit r/CryptoCurrency (Micro-Cap)
  • COLLAB      +171% - Tokenized Discord/Telegram Membership (Micro-Cap)
  • W$C             +169% - Virtual Citizen-Based (state) altcoin (Micro-Cap)
monthly altcoin picks

Monthly Altcoin Pick:

The Altcoin pick will be released next week. If you would like access to this and future Altcoin picks, consider becoming a member.

Altcoin picks are emailed to members as soon as they are published. If you are wondering how we choose our monthly Altcoin Picks - this is the strategy we use for choosing them.

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

Thanks and appreciation to all our members!

Until the next report,