While the market might seem like it’s stagnating on the outside, there are actually some strong performers that are showing there’s a lot of life left in capital inflow. The crypto market is showing that it may just head into 2023 with strong momentum, led by these standout tokens.
In the news this week has been Casper Network (CSPR), which has seen a jump in the price of nearly 25% in the past seven days. That’s well and truly above what other tokens are performing at, though there are some assets that are showing they will have similar potential too.
Why is Casper (CSPR) up by Almost 25%?
The Casper Network (CSPR) token was one of the strongest performers this week, with the token increasing by almost 25% to a market cap of just under $400 million. The token began its week at $0.029 but now stands at $0.035. This is a big jump at a time when the market has been stagnating for weeks.
There are a few reasons why the Casper Network token has been doing so well. First, it released an enterprise-grade NFT standard with the release of its CEP-78 protocol. The latter builds on the CEP-47 protocol, which first brought NFTs to the network. The protocol upgrade brings such features as account-based access, the ability to use a single NFT contract for all NFT-related use cases, and improved extensibility.
Casper Network has also been making frequent appearances at conferences and expos in recent weeks and that has been contributing to its exposure. Having already had a presence at the TOKEN2049 conference in Singapore, Casper will also be at the Coindesk IDEAS 2022 conference in New York.
Other Tokens Might Also Have 20% Gains Going Forward
Positive news and tech developments nearly always have a strong impact on the crypto market, as seen in Casper Network’s case. It’s also true in the case of tokens like IMPT and Tamadoge (TAMA), both of which are exciting investors with what they have to offer. These are altcoins that are showing that there is a lot of interest in tokens outside the major ones, despite the bearish sentiment prevailing in the market.
IMPT is an environmentally-focused project that is essentially building a carbon credits platform. The project will have multiple features that allow brands, businesses, and individuals to offset their carbon footprint by purchasing carbon credits. They are actively incentivized to do so and IMPT’s whole design is a hallmark of how decentralized technology can be used to better the environment.
IMPT is currently conducting its first presale, with 600 million tokens up for grabs at a price of $0.018. The second presale will have 660 million tokens available at $0.023, while the final presale will have 540 million tokens at $ 0.028. There is already a lot of interest for the token in the first presale, and this shows strong potential for double-digit gains going forward.
⭐️ Attention #IMPT Crew! ⭐️
The IMPT Presale is now LIVE on our official website!
Don’t miss out on this early opportunity!
Buy Now
👉 https://t.co/2ievFdJyZl pic.twitter.com/JAzWTSb7tL— IMPT.io (@IMPT_token) October 3, 2022
Tamadoge (TAMA) is another good example of a project with a lot of promise. It has already risen to nearly 2x its initial value and the team has a slew of new features lined up. As such, it also shows potential in being able to beat the market.
IMPT and Others Show Strong Growth Potential
The crypto market is not as depressing as it may seem. True, it has been holding at prices much lower than its all-time highs. But the fact that projects like IMPT and Tamadoge are showing that investors still want to jump into projects that have strong features and appeal. These tokens are showing that they can outperform the market and could bring investors the returns they are looking for.
To learn more about IMPT and what it does, take a look at the IMPT website and whitepaper. You can also learn about how to buy the token on the IMPT presale webpage
