Best Performing Coins in 30 Days

Over the past 30 days, CryptoSlate data shows that Notcoin (NOT), THORChain (RUNE), Ethereum Name Service (ENS), JasmyCoin (JASMY), and Monero (XMR) have massively outperformed the market.

NOT is up over 170%, while Monero has rallied 20% over the same period. Notably, all projects are still down 45% from their respective all-time highs, with Jasmy down 90%.

Notcoin (NOT)

Notcoin (NO), the token for the popular Telegram-based game, has seen significant growth in the last 30 days, becoming one of the best-performing crypto projects in this period.

The increase began with the token’s listing on Binance, the world’s largest cryptocurrency exchange. This listing led to an increase in the price of NOT, providing greater accessibility and credibility to the token. After that, the audience of Telegram founder Pavel Durov endorsement of Notcoin further fueled the rally. Durov revealed that the value of the NOT tokens he donated quadrupled, leading to a price jump.

Notcoin’s impressive performance was also driven by its innovative tap-to-earn mining model and the launch of new features such as staking and token burning functions. These developments attracted many users and investors, raising the token’s market value to over $2.5 billion at its peak.

Despite a recent correction where NOT’s price fell more than 40% from its all-time high, the token has maintained strong trading volumes and community support. Analysts suggest that the current recession could represent a buying opportunity, with the potential for future gains as the market stabilizes.

Overall, Notcoin’s combination of strategic exchange listings, influential endorsements, and innovative features has solidified its position as a standout performer in the volatile crypto market.

THORChain (RUNA)

THORChain (RUNE), the native cryptocurrency of decentralized liquidity protocol THORChain, has experienced a significant increase in market value over the last 30 days. This impressive performance can be attributed to several important developments and market forces.

THORChain saw a tenfold increase in its volume share, positioning it as a 15 best decentralized exchange (DEX). Additionally, the THORChain ecosystem has expanded significantly, with notable growth in volume, liquidity, and user engagement. The platform reported a 53% increase in volume, a 48% increase in liquidity, and a 57% growth in savers during the first quarter of 2024. These metrics highlight the growing adoption and utilization of THORChain’s services.

Overall, THORChain’s robust performance and strategic developments have positioned it as one of the best-performing crypto projects with promising prospects for the future.

Ethereum Naming Service (ENS)

The Ethereum naming service (ENS) has emerged as one of the best-performing cryptocurrencies over the past 30 days, with its price rising over 20%. The recovery can be attributed to several factors, including increasing adoption, regulatory clarity, and the general bullish sentiment surrounding the Ethereum ecosystem.

One of the main drivers of the recent ENS price surge is the growing adoption of the protocol by various decentralized applications (dApps) and projects within the Ethereum ecosystem. As more developers recognize the benefits of using human-readable names instead of long, complex addresses, demand for ENS domains has skyrocketed.

Furthermore, today regulatory clarity information provided by the US Securities and Exchange Commission (SEC) regarding Ethereum’s status as a non-security further fueled the rally. The SEC’s decision to drop its investigation into Ethereum has eased concerns among investors and paved the way for the approval of spot Ethereum ETFs, which could potentially further drive demand for ENS domains.

With its innovative solution for simplifying blockchain interactions and growing adoption in the Ethereum ecosystem, ENS has solidified its position as a key player in the crypto market, attracting investors and driving its price to new heights.

JasmyCoin (JASMY)

JasmyCoin (JASMY), the crypto project focused on data privacy and the Internet of Things, has seen a notable price increase of over 50% in the last 30 days. The JASMY token rose from around $0.019 on May 19 to over $0.031 on June 19, outperforming many other major cryptocurrencies during this period.

One of the main drivers of the recent JASMY price increase was the growing adoption and interest in the project data locker technology. At the end of May, Jasmy announced a partnership with the Japanese electronics giant Panasonic to integrate your data closet with Panasonic smart devices and home appliances. This powered JASMY, enabling users to securely store and monetize their personal data generated by Panasonic IoT products.

Additionally, there have been unconfirmed rumors that JASMY may be exploring integration with major smartphone manufacturers to include data lockers on their devices by default. If confirmed, this could greatly increase the user base and usefulness of JASMY.

Although JASMY is still a relatively small market capitalization project, its focus on data privacy resonates with growing concerns about the exploitation of user data by large technology companies.

Monero (XMR)

Monero (XMR), the leading privacy-focused cryptocurrency, has seen a notable rise over the past month, cementing its position as one of the top performers in the crypto market.

The recovery can be attributed to a growing demand for privacy and anonymity in financial transactions, as concerns about government surveillance and data breaches continue to rise globally. Monero’s unique privacy features, which obfuscate transaction details and hide the identities of senders and recipients, have made it an attractive choice for individuals and organizations looking to protect their financial privacy.

Additionally, Monero’s recent delisting from several major cryptocurrency exchanges, including Binance, paradoxically stocked investor interest in the project. Many see the capital withdrawals as an attempt by centralized entities to undermine privacy and financial freedom, further solidifying Monero’s appeal among privacy advocates and cypherpunks.

Monero’s strong fundamentals, including its active development community and robust network security, also contributed to its positive price performance. The project’s commitment to continually improving privacy features and resisting censorship has resonated with a growing user base.

As of June 19, the price of Monero has risen more than 20% in the last 30 days, outperforming most other major cryptocurrencies and solidifying its position as a leading privacy coin. With privacy concerns showing no signs of abating, Monero’s upward trajectory could continue in the coming months.

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