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M3TA Recap: April 10 – April 16, 2023

M3TA Analytics
3KWords
Apr 17, 2023

Top performers (7D):
1. Radiant ($RXD): +162% - A blockchain technology for fast and secure digital asset transactions.
2. Stride ($STRD): +135% - A blockchain platform for earning staking and DeFi yields on the Cosmos IBC network.
3. NFT Worlds ($WRLD): +114% - A project that allows users to earn money by playing games and buying special items.
4. SpaceID ($ID): +87% - A network for naming web3 domains on various blockchains.
5. SuperWalk ($GRND): +125% - A move-to-earn project that rewards users for walking.

Top losers (7D):
1. Kaspa ($KAS): -21% - A PoW cryptocurrency using GHOSTDAG protocol for concurrent transactions.
2. MarbleX ($MBX): -17% - A gaming blockchain ecosystem built on Klaytn.
3. Venus ($XVS): -14% - A DeFi platform for lending and borrowing cryptocurrency using collateralization.
4. Axelar ($AXL): -8.6% - A technology for creating Web3 applications across different blockchains using proof-of-stake.
5. Livepeer ($LPT): -8.6% - A network for cheaper and more efficient online video streaming.

Macroeconomic updates:
- Consumer price index rose by 0.1% with core CPI increasing by 0.4%.
- Retail sales fell by 1% in March, driven by lower sales in autos, electronics, and at-home and garden stores.

Notable News:
- MetaMask introduces fiat-to-crypto purchasing feature, allowing users to buy cryptocurrencies with various payment methods.
- Bitcoin surges near $30K, potentially due to expectations of interest rate changes and economic uncertainty.
- Maple Finance prepares to launch a US Treasury bond investment pool, providing yields for accredited investors.
- Ethereum's Shapella upgrade enables staking withdrawals, marking a new era for the network.
- FTX recovers over $7.3 billion in assets and considers restarting its crypto exchange.
- Sui Network launches a token sale program with a discount for whitelisted users.

(Source: Various news articles)

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