Today in Crypto: LUNC Goes up 12% While IMPT Opens 1st Day of Presale with $150k

It’s been a good day for the crypto market so far, with many established and emerging cryptocurrencies climbing up the graph to take the global market cap to $956.55B. That is a 3.21% increase from Monday. The trading volume has also surged in the last 24 hours by 13.34%, reaching $54.45B at the time of writing.

The price of bitcoin is now at $19,954.39, up by 3.89% from the previous day. Large-cap cryptocurrencies like Ethereum, BNB, XRP, Cardano, and Solana follow suit with green candles. 

Top Crypto Gainers and Losers 

Lido DAO, THORChain, Terra, Ethereum Name Service, Convex Finance, Quant, Polygon, Chainlink, Elrond, and Maker are the top crypto gainers today. And Reserve Rights, Nexo, Fei USD, and BUSD are some of the top losers. 

IMPT Presale Opened, Amassing $150,000

IMPT presale began on 3 October 2022, Monday, and has raised $150,000 USDT in the first 24 hours of going live. The project has sold 10,175,295 IMPT tokens at the time of writing. The goal is to raise $10,800,000 in the first phase of the presale. 

IMPT is a blockchain-powered carbon offsetting ecosystem that connects socially responsible brands with businesses and individuals who want to limit their carbon footprint. You can buy, sell, and retire carbon credits on IMPT and join the fight against climate change. 

Source: IMPT.io

Although there have been many Web3 projects that promise to decentralize the carbon market, very few have succeeded. Lack of focus on usability and engagement stands in the way of their adoption. IMPT puts forward a stable and transparent ecosystem that addresses the long-standing challenges in the carbon market.

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These are the key factors that make IMPT one of the most sustainable cryptocurrencies to buy in 2022

IMPT tokens are available for purchase during the first stage of the presale at just $0.018. It will end on 25 November 2022, or when the allocated 600,000,000 tokens sell out – whichever is earlier. As the presale moves to the second and third stages, the token price will rise to $0.023 and $0.028 respectively. 

Crypto analysts believe that IMPT is one of the most promising green cryptocurrencies of 2022 due to its novel carbon offsetting mechanisms. Buy IMPT tokens early to secure the highest returns.

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Terra Classic (LUNC) Gained 12%

LUNA Classic (LUNC) is one coin that is on most investors’ watch lists this month. The community is responding well to the project’s initiatives to revive its glory. 

Terra Classic (LUNC), 7-day price chart, 4 October 2022, Source: CoinMarketCap

Although the last leg of September was mostly bleeding red, the token found new vigor in October. The buying demand is triggered by the adoption of Terra blockchain across different crypto niches. For example, play-to-earn project MetaRivals recently announced that its “GameFi project will also be launched on the LUNC blockchain”.

According to Terra Luna Price Predictions, the crypto has the potential to rise in the short term. However, it won’t run long as there is nothing fundamental holding its price up. 

RENGA, CryptoPunks, and MAYC in the Lead

RENGA by DirtyRobot tops DappRadar’s list of top NFT collections with a daily trading volume of $2.15M and 422 sales. CryptoPunks saw its trading volume and sales double over the last 24 hours. Mutant Yacht Club, Bored Ape Yacht Club, and ENS are other collections that dominated the market over the day. 

CryptoPunks 24-hour activity, 4 October 2022, Source: DappRadar

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