Crypto Surge: MAP Protocol Soars, Useless Coin Hits Record High, and LUNC Gains Traction

This past weekend saw a flurry of activity in the cryptocurrency market. MAP Protocol (MAPO) topped the charts, surging over 100% to reach a high of $0.010 – its highest point since February. This significant jump pushed its market cap well beyond $53 million. The surge is attributed to the increasing value of transactions on its layer-2 network for Bitcoin, coupled with the rise in total value locked within the ecosystem, which reached $23.3 million this past Saturday. 153% above its lowest point this year, the growth is further fueled by a host of decentralized applications (dApps) like HiveSwap and Butter Network adding substantial assets to their platforms. However, analysts are cautious, as the token’s high RSI of 93 suggests potential for a sharp correction as investors take profits.