The crypto markets retracted again today by more than 1% with the total market cap sitting at $958 billion.

However, that does not mean that it’s not possible to find value or gains in certain coins.

XRP

Ripple remains locked in a legal battle with the US Securities and Exchanges Commission (SEC) but there have been several hints in recent weeks that the crypto firm could win their two-year case.

Last week a US District Judge, Analisa Torres, granted Ripple the ability to use emails by a former SEX employee as part of their defense.

The emails, by former senior director William Hinman, allegedly describe Ethereum (ETH) as not being a security, therefore making it relevant to Ripple’s argument that neither are they.

The emails form a key part of the Ripple defense, while the two sides agreeing to a summary judgment earlier in September was also seen as a win for Ripple.

With Ripple seemingly edging closer to a landmark court win – and its underlying techincal value being much sought-after – many are predciting a parabolic rise for XRP should they win.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Monero (XMR)

Privacy coin Monero is back in the news after the European Union (EU) announced new sanctions on Russia, banning all Russian Bitcoin wallets and accounts from interacting with EU service providers.

While some in the crypto space believe greater regulation is the final step before widespread adoption, others believe deeply in the decentralization and privacy factor that coins such as Monero can offer.

XMR remains the top privacy coin on the market and the news was met with a spike in price of 5%.

Casper (CSPR)

The Casper Protocol is up 8% in the last 24hrs and 20% over the last seven days after it was listed on the centralized exchange Bit2Me.

Volume soared by 150% after the listing, up to $40 million.

CSPR chart

It shows no signs of slowing down just yet and although CSPR has retracted from its overnight highs of $0.3767, charts are showing higher lows which could mean more price increases over the weekend.

The Casper Network aims to boost blockchain functionality while enabling smart contracts and decentralized applications (dApps) to operate globally.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

RavenCoin (RVN)

RavenCoin is down over the last 24hrs but has had a volatile week amid a number of announcements surrounding the project.

Over the last seven days it has been as low as $0.3427 and as high as $0.3760 – a near-10% difference – amid new listings on the Asian NasaDax exchange, new NFT collections being announced and thousands of RVN being burned.

RVN hashrate 2miners

Since Ethereum switched to a Proof-of-Stake consensus mechanism, RavenCoin has also seen increased mining on its network, with its hashrate up above 17 – the highest since April 2020.

A number smaller and medium size exchanges still don’t list the coin, so should it reach those the price is expected to surge.

IMPT

IMPT is a unique new crypto project that is offering users the chance to offset their carbon footprint by earning carbon credits.

They do that through shopping, with a percentage of purchases turning into IMPT tokens which are then converted to carbon credits.

IMPT presale

The credits are already huge business and are effectively a permit that allows businesses to emit a certain amount of greenhouse gasses without penalty.

IMPT wants to open them up to be tradeable for individuals, as well as make the market around them more transparent.

More than 10,000 businesses and retailers have already partnered with the project, while the presale only launched on October 3 and is already getting huge interest.

More than $1.5 million of investment has already been secured in just four days. The first phase of the presale will see 600 million tokens on sale for $0.018 each until November 25 or sell out.

Later phases will see the price increase to $0.028.

Huobi Token (HT)

The governance token of the Huobi exchange – the top exchange in China – had an extremely sharp and quick price increase in the early hours of Friday morning, jumping a full 2% in less than 10 minutes from $4.15 to $4.22.

HT chart

It is not entirely clear what sparked the sudden price increase, although there is some suggestion it is related to the EU’s latest sanctions on Russia.

The price has since settled to $4.20.

STEPN (GMT)

STEPN has also had a strong day with the Find Satoshi Lab game finding a lot of interest in the Far East and the STEPN community consistently ranked as one of the most active on social media.

The play-to-earn and fitness app also released its earning mode this week, meaning holders of level 30 sneakers and above can earn even bigger rewards.

GMT is up 2% at the time of writing but had surged by more than 5% because of the Far East market overnight.

Terra Classic (LUNC)

Terra Classic – often mistakenly referred to as Luna Classic – continued its extreme volatility over the last 24hrs as traders and investors seek to take advantage of one of the most talked about coins on the market.

Despite its near-zero utility and massive supply, investors and speculators are still drawn to the coin due to the massive community interest behind it, with volume increased by 25% to $383 million.

The LUNC community continue to push the coin for listings on major exchanges, having already successfully lobbied Binance to honor the transaction burn and help reduce supply.

More than 14 billion tokens have now been burned, although the max supply still stands at almost 7 trillion.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Tamadoge (TAMA)

TAMA has retraced from its incredible pump at the start of the week but is still 66% up from its IEO list price.

A number of early investors have sold their positions to take profits, but analysts remain confident of a recovery in the coming days and weeks.

tama nft opensea

More exchange listings are set to be announced, with an application for the world’s largest exchange Binance completed and submitted.

The coin remains the third-largest meme coin by volume – trailing only Dogecoin and Shiba Inu – and there remains more than 26,000 holders, similar numbers to the start of the week and another indication that investors are taking profits rather than abandoning the project.

Furthermore, the first 100 ultra-rare Tamadoge NFTs are now on sale on OpenSea, with the next phase of the Tamaverse roadmap about to start.

Elrond (EGLD)

Elrond has had an extremely strong seven days, climbing 13% in that time ahead of a new launchpad being released on October 10.

Elrond’s incredible speed and scalability has long made it a favorite for investors and a potential breakout candidate.

Compared to ETH 2.0 – which can process 10,000 transactions per second – the Elrond mainnet launched at 15,000 TPS and has even been demonstrated to run in a public testnet with 50 shards running at 263,000 TPS.