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Coinpedia
Coinpedia
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The post 7 Top Cryptocurrency Coins To Invest In For 2024 That Holders Could See Explode appeared first on Coinpedia Fintech News Cryptocurrency investing has become an extremely profitable activity for investors who can pick the right coins. However, with over 10,000 token in existence and more launching each day, it can be challenging to identify the top crypto performers. This article will highlight seven promising cryptocurrencies investors may wish to buy and hold through 2024. 1. Meme Kombat (MK) One of the top crypto coins that could explode in 2024 is Meme Kombat (MK), a gaming platform built on the Ethereum blockchain. Meme Kombat’s main feature is a battle arena where users can watch AI-powered fights between meme characters and bet on their outcomes. Prizes are paid out in MK, Meme Kombat’s native ERC-20 token, which can also be staked to earn high yields. Due to its meme coin branding and unique features, Meme Kombat has attracted massive attention in its presale and raised over $2.2 million. Early investors can buy MK tokens through the presale for $0.214 before their DEX launch in January. 2. Bitcoin ETF Token (BTCETF) Next is Bitcoin ETF Token (BTCETF), designed to speculate on the potential market impacts of a spot BTC ETF being launched in the US. Due to the seismic nature of a spot ETF launch, many early backers believe the BTCETF price could soar – especially given its unique tokenomics setup. Every time an ETF approval milestone is reached, such as an official launch date, 5% of the total BTCETF supply will be burned. In addition, a 5% transaction tax will be implemented on BTCETF transfers, further reducing the total supply over time and potentially enhancing value. Although not yet available on exchanges, would-be investors can buy BTCETF tokens for $0.006 ahead of its IEO through the presale at btcetftoken.com. 3. TG.Casino (TGC) TG.Casino (TGC) is a top crypto casino integrated directly into the Telegram app, allowing users to play casino games and bet on sports markets anonymously. Offering fast deposits/withdrawals and boasting a gaming license from Gaming Curacao, TG.Casino seeks to set itself apart from other projects in the GambleFi space. The casino’s native token, TGC, can be staked to earn impressive yields and is also part of a buyback-and-burn mechanism designed to reduce the total supply. TG.Casino users who gamble using TGC will even receive 25% cashback on their losses. The TGC presale has already raised over $3.1 million in funding, with early investors able to buy TGC tokens at the discounted price of $0.17. 4. Bitcoin Minetrix (BTCMTX) Bitcoin Minetrix (BTCMTX) is another cryptocurrency that could explode in 2024 due to its unique Stake-to-Mine feature. This feature allows users to stake BTCMTX, the ecosystem’s native token, to earn cloud mining credits. These credits can then be burned to earn mining power – used to mine Bitcoin virtually and earn recurring rewards. Users can also stake their BTCMTX tokens to earn yields of 132% per year, thereby creating a dual-earning approach that could prove fruitful over the long term. Like the three projects mentioned previously, Bitcoin Minetrix is still in its presale phase, yet interested investors can buy BTCMTX tokens during the current stage for  5. Solana (SOL) Solana (SOL) is already a top crypto that investors may wish to watch in 2024 due to its potential in the blockchain space, and deep correction from its all-time high ($260 in Nov 2021, now $60 as of late 2023). Boasting fast transaction speeds, low fees, and immense scalability, Solana has become the go-to blockchain for many DApp developers. Additionally, Solana has obtained partnerships with companies like Visa, helping boost credibility and adoption. If integration and innovation continue at their current rate, Solana could be poised to compete with Ethereum next year – which might be great news for the SOL price. 6. Immutable (IMX) Investors seeking a top crypto project may also wish to consider investing in Immutable (IMX), given that it acts as a layer-2 scaling solution for NFTs. Immutable offers benefits like instant trade confirmation, zero gas fees, and carbon-neutral minting. Moreover, Immutable has forged partnerships with the likes of GameStop, helping boost its visibility and create new use cases. With the IMX token now listed on an array of Tier-1 exchanges, there’s a chance it could continue growing in 2024 as layer-2 solutions become more widely used. 7. Celestia (TIA) Lastly, Celestia (TIA) is a modular blockchain network that addresses scalability issues by decoupling execution from consensus. This approach is designed to help Celestia solve the scalability issues facing major chains like Ethereum. Using Celestia, developers can build custom blockchains themselves while benefiting from the security of the main consensus layer. In Q4 2023 TIA has already ranked among the top trending crypto projects, thanks to its recent Coinbase listing. As more developers use Celestia to build, there’s likely to be increased demand for the native TIA token – which could see it explode in 2024. 

about 3 hours ago
Coinpedia
Coinpedia
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The post Top Crypto That Sets To Skyrocket After Bitcoin Halving  appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing a slight retreat from its recent peaks, but the outlook remains optimistic. Bitcoin has pulled back to around $37,100, a 1% decrease, after surpassing $38,000 last week, while Ethereum has declined 1.5% to about $2,020. Despite these dips, the market sentiment is bullish, with Bitcoin rallying over 30% since early October, fueled by hopes of a U.S. spot Bitcoin ETF approval and a favourable macroeconomic backdrop. Anticipated for the spring of 2024, the forthcoming Bitcoin halving is largely projected to occur around mid-April. Occurring once every four years, these halvings have historically been critical moments for the cryptocurrency market, often igniting significant bull runs. This leads to the question: which cryptocurrencies will emerge as leaders in 2024, both in terms of price growth and resilience? This article explores the hypothesis that mirroring the aftermath of past halvings, the 2024 Bitcoin halving will initiate a bullish trend in prices. However, it’s important to note that such an outcome is not guaranteed, and the past performance is not a reliable indicator of future results, especially in the volatile world of cryptocurrencies. Let’s have a look at the estimates and computations and, maybe,  make a few assumptions on the basis of the most probable outcomes.  In light of the alterations in the industry, keep in mind that smaller projects are more likely to demonstrate remarkable growth. Summary  ScapesMania: Notable presale success in crypto, supported by a strong team. Solana (SOL): Transaction surge, but network and competition issues persist. Chainlink (LINK): Launches Staking v0.2 to enhance ecosystem, market impact uncertain. Cardano (ADA): Nears research breakthrough, growth hinges on practical application. Dogecoin (DOGE): Sees transaction and interest spike, possibly prepping for a rally. Shiba Inu (SHIB): Faces December challenges, but could recover despite price risks. ScapesMania: A New Contender in the Crypto Arena Many crypto experts pick ScapesMania as the best new project of 2023 and beyond. It manages to separate itself from the competition by offering holders a multitude of revenue streams and high potential ROIs during presale.  Companies and individual crypto traders looking for fast potential gains should definitely look into ScapesMania’s proposition. Once the presale finishes, the price will soar, securing possible returns in the range of 400-500%. Right now, there’s an active discount of close to 85%, but it won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast. When dissecting the tokenomics and other features of ScapesMania, it becomes clear that it’s the best altcoin to hold now. The innovative gaming-related core idea, impressive presale numbers, $150,000 giveaway, undying social media hype, and other positive aspects can guarantee that ScapesMania will continue on its winning journey, so it makes sense to get involved as soon as possible. Solana (SOL): A Surge in Transactions Signaling a Bright Future Solana (SOL) has experienced a significant surge in its daily transaction count, reaching a historic high of 51.63 million transactions. The transaction volume far exceeds those of competing protocols like Ethereum, Polygon, Aptos, and Near Protocol, indicating Solana (SOL) growing prominence in the blockchain space. Solana (SOL) price has responded positively to this surge in transaction volume. Solana (SOL) had increased by 9.37% to $59.88, with a weekly surge of 9.64%. This price movement is supported by a 6% boost in trading volume, bringing Solana (SOL) traded value to $1,637,977,477, ranking it fifth among all cryptocurrencies.  The network’s resilience, demonstrated by its return to pre-FTX price levels, suggests a strong foundation for growth. However, challenges remain, including maintaining network stability and continuing to innovate to stay ahead of competitors. If Solana (SOL) can sustain its transaction momentum and address these challenges, it could see further price appreciation and solidify its position in the market. Chainlink (LINK): Staking and Its Impact on Market Dynamics Chainlink (LINK) launched Staking v0.2, marking a significant development in its ecosystem. This update follows Chainlink (LINK) integration with several chains, including ChainGPT and Beefy Finance, and builds upon previous collaborations across six chains like Ethereum and Polygon. The staking update aims to enhance security, flexibility, and introduce a dynamic rewards mechanism, reflecting Chainlink (LINK) commitment to continuous improvement and innovation. Chainlink (LINK) trading value had seen an increase of 5.27% over the last 24 hours, trading at $14.70. This short-term increase also mirrors a 3.84% growth over the past week.  The introduction of Staking v0.2, with an expanded pool of 45 million Chainlink (LINK) tokens, presents significant prospects for Chainlink (LINK). The staking feature is expected to attract more users and enhance network participation, potentially leading to increased demand for Chainlink (LINK). However, the impact of this update on Chainlink (LINK) price remains to be seen, especially considering the current market conditions.  Cardano (ADA): Celebrating Milestones and Eyeing Future Growth Input Output Global, the creator of Cardano (ADA), is nearing an impressive milestone of 200 peer-reviewed research papers. These papers, accepted at renowned academic conferences, underscore Cardano (ADA) commitment to a research-driven approach in blockchain technology. Cardano’s (ADA) focus on the development and achievement of milestones is likely to foster investor confidence. This could positively influence its market valuation, provided these advancements translate into practical and widely adopted solutions. Cardano (ADA) future looks promising, given its strong emphasis on research and development. With advancements like the integration of Hydra Nodes and the exploration of Artificial Intelligence through the beta launch of Girolamo, an internet-enabled generative chatbot, Cardano (ADA) is poised for further growth. However, the challenge lies in translating these academic achievements into practical, market-driven solutions that can attract users and investors. If Cardano (ADA) can successfully bridge this gap, it could see significant appreciation in its value. Dogecoin (DOGE): Beyond the Meme, a Rising Transaction Tide Dogecoin (DOGE) has seen a notable increase in transactions, largely attributed to the rise in meme coin trading and the activity surrounding Doginals. Doginals, an experiment inspired by Bitcoin Ordinals, allows users to inscribe images and texts on the Dogecoin (DOGE) blockchain. This innovation has brought attention back to Dogecoin (DOGE), despite the mixed performance of DRC-20 tokens, a type of token introduced in the Dogecoin (DOGE) ecosystem for trading. The overall trading volume of Dogecoin (DOGE) has experienced an upward trend. Its volume increased to 606.13 million, with Dogecoin (DOGE) price at $0.080. This represents an 8.68% increase over the last seven days. The increase in Dogecoin (DOGE) holders, now totalling 5.31 million, and the rise in active addresses indicate a growing interest in the coin. If this trend continues, Dogecoin (DOGE) might be poised for another rally. However, the coin’s performance is closely tied to market sentiment and the success of its innovations like Doginals and DRC-20 tokens.  Shiba Inu (SHIB): Bracing for a December of Uncertainty Shiba Inu (SHIB) is facing a critical period as historical data indicates a pattern of price drops in December. This trend, observed since Shiba Inu (SHIB) inception, has seen double-digit percentage declines each December for the past three years.  In the past, December has been a challenging month for Shiba Inu (SHIB), with notable dips such as a 29.5% drop in 2021 and a 13.5% decrease in 2022. The average and median value for Shiba Inu (SHIB) during these months stands at around a 21.5% decline. This historical trend suggests that Shiba Inu (SHIB) could potentially face a downturn, possibly reaching lows around $0.00000653 per token. Despite the historical trend of December downturns, Shiba Inu (SHIB) has shown signs of breaking negative patterns, as evidenced by its performance in November 2023, where it concluded with a gain of 6.83%. This resilience indicates that while Shiba Inu (SHIB) may be bracing for a volatile December, there is potential for the token to defy these trends. Conclusion The cryptocurrency market is navigating through a mixed trend, with Bitcoin and Ethereum going through slight decreases, set against a backdrop of strong investor anticipation for a U.S. spot Bitcoin ETF. In this fluctuating market, cryptocurrencies like Solana (SOL), Chainlink (LINK), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), and ScapesMania remain poised for growth, each facing unique challenges and opportunities in the dynamic digital asset landscape. In the event of Bitcoin halving, it seems as if it’s the newcomer, ScapesMania, that has more to gain than any other project mentioned in this text. If positive projections wind up being correct, holders might see even more than x5 ROI after the listing.

about 7 hours ago
The Daily Hodl
The Daily Hodl
CryptoDep - Key Updates and Analytics
CryptoDep - Key Updates and Analytics
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⚡️Crypto News Digest: Key Updates You Need to Know The current report features updates of dYdX, Jito, ClearpoolFin, Cz, Ton, Econia Labs, Kronos Research, Tron, bitsCrunch, Hatom Protocol, Fetch.ai, and LeaderDAO. $DYDX $JTO $SOL $CPOOL $BNB #BNB $TON $TRX $HTM $FET $LDAO #Trx #FET #BNB🔥 #TON #CryptoNews🔒📰🚫

1 day ago
Todayq News
Todayq News
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The year 2023 turned out to be positive for the digital asset market and crypto-related equities. Whereas the biggest cryptocurrencies like Bitcoin (BTC) and Solana (SOL) grew by 130% and 490%, respectively on the year to date (YTD) basis, several key crypto linked equities have managed to replicate the same performance. Coinbase (COIN) surges by 281% YTD Coinbase Global Inc (NASDAQ: COIN), the US biggest crypto exchange by trading volume, has witnessed a remarkable YTD surge of 281%. This reflects the increasing interest and adoption of digital assets.  COIN shares saw a massive surge recently which helped it to reach their highest point in 18 months. Its price went on to hit $128 on November 28, 2023. However, the stock is still 60% below its all-time high of $343 recorded on November 12, 2021. Riot Blockchain (RIOT) Riot Platforms Inc (NASDAQ: RIOT), known for its focus on crypto mining and blockchain technologies saw a a substantial YTD growth of 274%. This signals strong market confidence. Riot was trading at an average price of $12.86 on November 28, 2023. Marathon Digital (MARA) Marathon Digital Holdings Inc (NASDAQ: MARA), a company engaged in Bitcoin mining and digital asset management also showed an impressive YTD growth of 260%. This aligns with the overall positive trend in the crypto sector. MARA price stood at $12.38 on November 28, 2023.  Galaxy Digital (GLXY) Galaxy Digital Holdings Ltd (TSE: GLXY), a diversified financial services firm dedicated to the digital asset and blockchain sector recorded a solid YTD growth of 114%. This has directly contributed to the overall success of crypto equities. Bitcoin on a roll Bitcoin (BTC) experienced a 3% surge in the last 24 hours, reclaiming the crucial $38,000 price level. The positive momentum followed a statement by Federal Reserve Governor Christopher Waller, expressing confidence in the current policy’s ability to control inflation. Waller, considered a hawkish figure, emphasized that potential rate cuts would not be about rescuing the economy but ensuring monetary policy remains appropriate amid declining inflation. The post Bitcoin, Solana surges, Crypto equities follow trend in 2023 appeared first on Todayq News.

1 day ago
CryptoPotato
CryptoPotato
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TL;DR The cryptocurrency market is experiencing a significant upswing, with most digital assets, including Solana (SOL), recording substantial gains. Solana has notably increased by over 8% in 24 hours and has seen an impressive 80% rise in the past month, with its price reaching nearly $70 at one point. The surge in Solana’s price could be partly attributed to the performance of the Solana-based memecoin Bonk (BONK), which has increased by 17% in the past 24 hours and 600% over the last 30 days, especially following KuCoin’s introduction of the BONK/USDT trading pair. The cryptocurrency market has once again flashed green today (November 29), with most digital assets charting substantial gains. One of the tokens standing out as a top performer is Solana (SOL), which has jumped by over 8% (per CoinGecko’s data) on a 24-hour basis. SOL Price, Source: CoinGecko One reason behind the asset’s renewed rally could be the prevailing bullish sentiment around it and its impressive price performance in the past few months. Recall that SOL has skyrocketed by 80% in the past month, reaching almost $70 at one point. Another factor could be the price surge of the Solana-based memecoin Bonk (BONK). As CryptoPotato reported, the token soared 12% yesterday (November 28) following the news that crypto exchange KuCoin introduced the BONK/USDT trading pair. The memecoin has risen another 17% for the past 24 hours, being a whopping 600% up on a 30-day basis. The post Why the Solana (SOL) Price is Up Today appeared first on CryptoPotato.

1 day ago
Binance News
Binance News
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According to Foresight News, dYdX has announced the activation of trading rewards and a six-month startup incentive program on the dYdX Chain. The platform has transitioned from the Beta phase to full-scale production trading. ETH, BTC, SOL, and LINK can be traded on dydx.trade, with plans to add new markets to the frontend in the coming weeks. Traders on the dYdX Chain can earn approximately 50,000 DYDX daily, with rewards distributed immediately, eliminating the need to wait for a month. The dYdX startup incentive program, operated by Chaos Labs, will be implemented alongside trading rewards over the next six months, allocating $20 million worth of DYDX. Foresight News previously reported that the dYdX community voted in favor of the 'activation of trading rewards and a six-month startup incentive program' proposal, with a 75.6% approval rate and a 24.4% abstention rate.

2 days ago
CryptoTalks
CryptoTalks
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🚨 DONT MISS IT 🚨 🚀🔥BREAKING AFTERNOON NEWS ☀️😨 📈 🔥Check below🔥 📈Bitcoin Hovers Near Yearly High as Halving and ETF Loom. Bitcoin appears to be holding onto gains in an anticipation of big events next year.💹 📈Crypto Pundit, Dushyant Shahrawat has suggested that the decline in the global financial technology companies may result in a delay in the highly anticipated Ripple IPO.💹 📈ApeCoin Sees Double-Digit Uptick Ahead of 15.6M APE Unlock. APE ricochets from all-time lows as ApeCoin DAO drops a bombshell for the Bored Ape community.💹 📈One of the most popular platforms of the Solana (SOL) network announced that it will distribute tokens via airdrop to its active users.💹 📈Santiment Analysts Announced: “This Development in Cardano (ADA) Usually Precedes Price Spikes”. Santiment analysts argued that a development in Cardano was observed before the price jumps.💹 Dont forget to follow #CryptoTalks for more BREAKING NEWS 💸🔥

2 days ago
宇宙区块观
宇宙区块观
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ChatGPT Picks 5 Cryptocurrencies to Buy in December Faced with turmoil at Binance, the largest cryptocurrency exchange, and a shaky chart that has seen earnings decline for most crypto assets recently, investors are now wondering what happens next. Most of the top 100 altcoins have seen pullbacks over the past week as panic mounted. Recently, many people lost a significant portion of their November gains. With this in mind, investors are looking for potential opportunities amid the fear, uncertainty and doubt (FUD) affecting markets. In light of recent developments, Finbold has turned to artificial intelligence (AI) to provide traders with a possible safe haven in the coming period. Specifically, OpenAI’s artificial intelligence program ChatGPT recommends 5 crypto assets to watch in December based on market trends and analysis. Bitcoin (BTC) Not surprisingly, AI has chosen flagship cryptocurrency BTC as the top cryptocurrency to buy next month as it has experienced a positive move of over 8% in the past 30 days. ChatGPT selects Bitcoin as the first cryptocurrency to buy in December. News that the U.S. Securities and Exchange Commission (SEC) may approve a Bitcoin exchange-traded fund (ETF) in the near future fueled investor optimism last month. Large industry players including BlackRock would represent a major milestone in mainstream financial adoption of digital assets. In addition to the industry's recognition of the importance of this digital asset, there is growing news that national factors want to adopt Bitcoin as a financial instrument in some form. Ethereum (ETH) The next option is ETH, continuing the positive momentum from previous weeks and successfully breaking out of a key resistance zone. ChatGPT noted that given its ability to deploy decentralized applications, “it has shown impressive growth since its inception. Its competition with Bitcoin and its massive market capitalization make it an important cryptocurrency to watch. " Ethereum recently broke above resistance levels between $1,982 and $2,044. Notably, 1.67 million crypto wallets purchased 38.73 million ETH, allowing them to realize larger gains soon. In an interview with Defiant in Turkey on November 25, Ethereum co-founder Vitalik Buterin discussed the need to strengthen the Ethereum staking process to improve mining and staking pools, aiming to increase the degree of platform decentralization to cope with off-chain Data availability brings challenges to the system, which highlights the developers' commitment to continuous improvement of this digital asset. Binance Coin (BNB) Despite Changpeng Zhao’s departure, Binance BNB remains the leading cryptocurrency exchange. Therefore, Binance Coin is AI’s third choice to buy next month. ChatGPT noted: “BNB originated from Binance, the world’s largest cryptocurrency exchange, and has experienced significant growth since migrating to Binance Chain. Its growth rate and market capitalization make it a cryptocurrency worth noting. " The appointment of Richard Teng highlights a rapid response to legal issues, as he quickly declared his commitment to Binance’s core values ​​of customer protection and continuous improvement of the platform. Another reliable indicator is that despite Binance’s massive $1 billion outflow, on-chain data suggests Binance is recovering quickly. Interestingly, these numbers are in line with Binance’s typical day-to-day patterns, easing concerns about its financial stability. According to Nansen’s Nov. 22 post, liquidity initially fell 25% and is now showing positive signs of recovery. Tether (USDT) USDT is the leading stablecoin by market capitalization and is commonly used by cryptocurrency traders for seamless transfers between cryptocurrencies and for converting investments to and from fiat currencies. Its value is pegged to the US dollar, which is why it is ChatGPT’s fourth option to buy. ChatGPT commented on Tether: $ “USDT As a stablecoin pegged to the U.S. dollar, Tether offers a less volatile option in the crypto market. Its stability in a generally volatile market makes it one worth considering Interesting choice.” Recent news that Tether and its affiliated cryptocurrency exchange Bitfinex have chosen not to object to Freedom of Information Act (FOIL) requests from journalists suggests that a new trend has arisen in the wake of allegations of a lack of transparency about the verifiability of its purported fiat reserves. Positive signs. Solana (SOL) SOL earns its fifth spot among AI buys next month thanks to its low transaction costs and rapid scaling. CoinEX Global’s latest analysis, released on November 24, highlights and explains the main reasons behind SOL’s strong performance over the last period. The surge in the price of SOL and related assets has attracted more funds into the Solana-based protocol ecosystem, which, coupled with the strong performance of its projects (dePIN, DeFi), has laid the foundation for solid performance in the future. Since the cryptocurrency industry is susceptible to short-term fluctuations, it is crucial to make the necessary fundamental and technical preparations when deciding on your next investment. For more insights on cryptocurrency trends and analysis, follow Cosmic Blockview. Stay informed and stay ahead of the curve in the dynamic world of digital finance. #BTC #ETH $SOL $BNB

2 days ago

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