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Cryptocurrency News Articles
These 3 Cryptos Achieved More Than 500% Gains Within Their First Month, Reshaping Investment Horizons
Dec 31, 2024 at 07:11 pm
These breakout performances signal an evolving market where early discovery and calculated risk-taking can unlock exceptional returns while transforming how investors approach digital asset opportunities in their nascent stages.
Certain digital tokens have achieved remarkable gains within the first month of their existence, reshaping investment horizons across the crypto landscape. These breakout performances highlight an evolving market where early discovery and calculated risk-taking can unlock exceptional returns. Here's a closer look at some cryptos that have generated more than 500% returns in 30 days:
1. Pudgy Penguins
A popular NFT collection featuring 8,888 unique cartoon penguins, Pudgy Penguins was launched in July 2021 and quickly gained popularity due to its cute designs and strong community. By December 2024, it had reached a market value of about $1.19 billion. During the NFT boom, one Pudgy Penguin sold for $640,000.
The native cryptocurrency for the Pudgy Penguins ecosystem, PENGU Token, was launched on the Solana blockchain on December 17, 2024. It allows token holders to vote on project decisions, access special events and merchandise, earn exclusive NFTs and rewards, and facilitate transactions within the ecosystem.
As of late December 2024, the PENGU token has shown volatility since its launch, initially achieving a market cap of around $2.21 billion shortly after listing. It started trading at approximately $0.068 but dropped significantly on the first day. Currently, the PENGU token is priced at $0.03078, with a market cap of $1.92 billion and a circulating supply of about 62.41 billion out of a total supply of 88.88 billion.
The Pudgy Penguins project continues to innovate and aims to strengthen its community through various initiatives involving the PENGU token. The coin has achieved a return of more than 512% in the last 30 days.
2. WhiteRock
WhiteRock is a cryptocurrency that merges traditional finance with blockchain technology by tokenising economic rights to assets like stocks, bonds, and properties. This digital transformation makes it easier to trade these assets globally. As of late December 2024, WhiteRock has a market cap of $227 million with 650 billion tokens in circulation. It operates on a decentralised blockchain, which allows peer-to-peer transactions without intermediaries, offering more control and less government interference.
WhiteRock's market stats show its value in finance: the current price of each token is $0.0003841, with a total market value of $227 million. There are 650 billion white tokens in circulation, out of a total of 1 trillion. In the last 24 hours, $89.34K worth of these tokens were traded.
The highest price recorded was $0.0004566 on December 15, 2024. WhiteRock is known for its focus on transparency and efficiency, making it a significant player in finance by enabling easy trading of tokenised assets while following regulatory rules. The coin has achieved a return of more than 756% in the last 30 days.
3. Freysa
Freysa (FAI) is an evolving AI who controls a prize pool. Holders are allowed to claim from the prize pool if they are able to beat Freysa in a game. This is a cryptocurrency with a current price of about $0.02899 USD as of December 30, 2024. Its market cap is around $237.39 million USD, and it has a 24-hour trading volume of about $2.39 million USD with 8.19 billion FAI tokens in circulation. Freysa reached an all-time high of $0.03027 on December 30, 2024, and an all-time low of $0.00001267 on November 23, 2024.
Over the past year, its price increased by approximately 546.50%. Analysts predict that by 2025, its price could be around $0.03323, and by 2030, it might reach about $0.05995, indicating a potential ROI of approximately 172.30%. Freysa is traded on various platforms like Bitget, and the current technical analysis suggests a strong buy for both short-term and long-term traders.
Overall, it shows notable volatility and growth potential, making it an interesting option for investors. The coin has achieved a return of more than 688% in the last 30 days.
Disclaimer:info@kdj.com
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