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The Cryptonomist
The Cryptonomist
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SPONSORED POST* In a strategic shift that underscores the evolving dynamics of the cryptocurrency market, traders from the Cardano (ADA) community are venturing into new territories with the acquisition of Option2Trade’s (O2T) A.I. presale tokens. Priced at an enticing $0.0091 and set for a grand launch in 2024, O2T tokens represent not just an investment but a belief in the transformative power of artificial intelligence in trading. This move by Cardano (ADA) traders is a clear indication of the growing intersection between blockchain technology and A.I., aiming to revolutionize the digital asset trading landscape. A Fusion of Technology and Trading: The Rise of O2T Option2Trade (O2T) stands at the forefront of this innovative wave, integrating A.I. with a wide range of asset classes including Forex, cryptocurrencies, stocks, commodities, and indices. This diversity not only attracts a broad spectrum of traders but also enhances the trading experience within social groups, encouraging a culture of knowledge sharing and strategy optimization. Cardano (ADA) traders, known for their forward-thinking approach, have recognized the potential of Option2Trade (O2T) to redefine trading paradigms, leading to their early adoption of the platform’s presale tokens. Why ADA Traders are Betting Big on O2T The decision by Cardano traders to diversify their portfolios with O2T tokens is driven by several key factors: – Option2Trade’s (O2T) core promise lies in its use of artificial intelligence to analyze market trends, predict movements, and automate trading decisions. This A.I. integration is a game-changer, offering traders insights and efficiencies previously unattainable. – The breadth of assets available on Option2Trade (O2T) ensures that traders can spread their risks and opportunities across different markets. This aligns with the prudent approach of Cardano (ADA) traders who seek to balance their portfolios across various sectors. – Getting in at the presale stage allows Cardano (ADA) traders to capitalize on the initial low token price of $0.0091, with the anticipation of significant growth by the time Option2Trade’s (O2T) officially launches in 2024. The Anticipated Impact of Option2Trade (O2T) on the Trading Ecosystem The integration of A.I. with a comprehensive asset platform like Option2Trade (O2T) is poised to bring about several transformative changes in the trading ecosystem: – The A.I. capabilities of Option2Trade (O2T) promise to deliver customized trading strategies that adapt to individual trader preferences and market conditions, optimizing returns. – With A.I.’s ability to process vast amounts of data and predict market trends, traders can make more informed decisions, potentially leading to higher success rates. – As A.I. becomes more integrated into trading platforms, we may see a shift towards more automated trading processes, reducing the need for constant market monitoring and allowing traders to focus on strategy development. Looking Ahead: The Future of Trading with O2T The Cardano (ADA) community is eagerly anticipating the launch of Option2Trade (O2T), a platform that integrates artificial intelligence (AI) with blockchain technology. Cardano (ADA) traders have adopted O2T tokens, setting a precedent for the integration of AI in financial markets. This strategic diversification demonstrates the evolving landscape of digital asset trading, as traders are embracing AI technology to transform trading strategies, market analysis, and portfolio management. As Option2Trade’s (O2T) launch approaches in 2024, the crypto community eagerly anticipates the dawn of a new chapter in the synergy between blockchain and AI. This move could pave the way for a more efficient, accessible, and profitable trading environment. For more information on the Option2Trade (O2T) Presale:  Use promo code O2TLaunch to get 15% bonus Visit Option2Trade Join and become a community member:  https://t.me/O2TOfficial Tweets by option2trade *This article was paid for. Cryptonomist did not write the article or test the platform.

about 8 hours ago
The Cryptonomist
The Cryptonomist
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Polygon (MATIC) seems to be showing some negative performance compared to its crypto rivals. In the last 12 months, in fact, MATIC is down -32%, while other layer-2 coins rivals, such as IMX, OP and SKL are all up in price. Polygon (MATIC) and its negative performance compared to rival layer-2 cryptos According to what observed, it seems that Polygon (MATIC) is showing a rather negative price performance compared to its rival layer-2 cryptos. And indeed, the price chart of MATIC shows a dump of -32% in the last 12 months. At the time of writing, MATIC is worth $0.95, compared to $1.38 a year ago.  As is well known, Polygon is the layer-2 of Ethereum, known for its low costs and higher scalability compared to Ethereum’s main blockchain. However, some argue that the crypto MATIC was overvalued during the 2021 bull run and that these are the real results.  Not only that, compared to Polygon, there are also other layer-2 cryptos that seem to be experiencing price pumps in the last 12 months. An example is the cryptos IMX, OP, and SKL, which have increased by +216%, +46%, and +50% respectively. MATIC, which remains in 14th place for market capitalization, is not even following the general trend of cryptocurrencies anymore. In fact, the price of Bitcoin (BTC) is now up +108% compared to a year ago, and Ethereum (ETH) itself is up +75%.  Polygon (MATIC): the crypto loses market share and interest compared to its 2021 The loss of interest in Polygon by traders compared to the trend of 2021, could be based on the effect of the Ethereum Dencun update, scheduled for March 12th. This upgrade favors ZK-rollup technology, but will not allow Polygon to reduce costs, unlike the other L2 solutions Arbitrum and Optimism.  In this regard, Katie Talati, research director at the digital asset management company Arca, emphasized the reasons why Polygon is underperforming: The upcoming Ethereum Dencun update will reduce costs for Layer 2 to send data to the Ethereum mainnet. Although Polygon will benefit from the update, other L2s like Arbitrum and Optimism, which use optimistic rollups, will see more significant cost reductions, causing a rally in these L2s. Most of the costs for optimistic rollups come from forwarding transaction data to Ethereum (which is what Dencun will reduce), but they hardly publish fraud proofs. On the other hand, Zk rollups publish fraud proofs much more frequently and therefore would not see the benefits of reduced transaction data costs. The second reason for underperformance is that Ryan Wyatt, the former president of Polygon, left last year to become Head of Business Development at Optimism. Many believe Wyatt was responsible for Polygon’s major partnerships and his departure was a blow to Polygon’s growth efforts” Staying on the topic of competitors, for Kenny Hearn, chief investment officer of SwissOne Capital, MATIC is in dump also due to the emergence of Arbitrum (ARB), especially in DeFi trading.  Partnerships will continue even in 2024 Despite MATIC crypto not performing for over a year, Polygon Labs continues to forge new partnerships even in this 2024. Here are some.  At the beginning of the year, Polygon announced its collaboration with Fox Corporation to introduce Verify, an innovative multimedia platform based on blockchain. This is a solution that tracks multimedia content and facilitates the negotiation of licensing agreements with AI companies. Not only that, the famous crypto company Immutable launched at the end of January, a new ZkEVM network based on Polygon, which aims to be the only blockchain designed and developed for Web3 gaming. Even Friendzone, a promising social market, is getting ready to start its operations on the Polygon PoS blockchain from February 26th. In practice, here, Polygon will serve to build social apps. Friendzone has also announced its intention to expand its scope to Polygon zkEVM.

about 11 hours ago
Coin Edition
Coin Edition
COINCU
COINCU
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Key Points: 3AC liquidator address owns 75M WLD, estimated at US$550M. Tokens received from Worldcoin in August 2023, with no activity since. Parallels drawn to bankrupt Alameda, sparking intrigue in crypto circles. In a revealing update from 0xScope, it has been disclosed that the 3AC liquidator address (0xC7...3741) holds a substantial 75 million WLD, standing as the highest net-worth asset in the Teneo portfolio. The total valuation of this cryptocurrency holding is estimated at an impressive US$550 million, marking a significant presence in the digital asset landscape. This revelation draws parallels to the situation with the bankrupt Alameda, as both entities received these tokens from Worldcoin in August 2023. However, what distinguishes this particular asset is the apparent lack of activity since its acquisition. The 3AC liquidator address has displayed a remarkable degree of dormancy in terms of engagement or transactions involving the held WLD tokens. 3AC liquidator address holds 75M WLD, valued at US$550M The 0xScope report sheds light on the intricate dynamics within the cryptocurrency space, where assets acquired from projects like Worldcoin become crucial components of diverse portfolios. The substantial value of 75 million WLD underscores the potential impact that such holdings can have on the financial landscape, even in the absence of active management or interaction. The comparison to Alameda, a company that faced bankruptcy, adds a layer of complexity to the narrative. It raises questions about the fate of digital assets in the aftermath of significant events within the cryptocurrency industry. The disclosed information invites speculation about the strategic considerations behind holding these assets, particularly in a scenario where there has been no discernible activity since the initial acquisition. Tokens received from Worldcoin in August 2023, with no activity since As the cryptocurrency community delves into the implications of such revelations, the 3AC liquidator's substantial WLD holding serves as a focal point for discussions surrounding asset management, strategic planning, and the evolving nature of the digital asset landscape. The 0xScope report adds another layer of intrigue to the broader narrative of cryptocurrency holdings and their significance within the industry. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

2 days ago
BlockchainReporter
BlockchainReporter
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Bitcoin’s price continues to hold its upward trajectory, hovering around the $52,000 mark, triggered by investors’ bullish hopes sparked by positive ETF-related on-chain data. However, the growing appetite for BTC purchases signals caution, suggesting an impending downturn might be on the horizon, a sentiment echoed by several on-chain indicators pointing towards an overheated market atmosphere. Furthermore, stablecoin holders with portfolio sizes between $10,000 and $100,000 are increasingly seen as unexpected predictors of Bitcoin’s upcoming price fluctuations. Market Goes In A Profit-Taking Mood Over the last 24 hours, the crypto market witnessed a surge in liquidations, with the total amount surpassing $152 million worth of positions. Notably, BTC price saw a liquidation of nearly $25 million, out of which, long-position holders liquidated around $20 million, suggesting a profit-booking sentiment among holders near the market top of $52K. Small to mid-tier stablecoin holders, wielding portfolios ranging from $10,000 to $100,000, have influenced Bitcoin’s price swings. Over the past two weeks, these traders have collectively increased their holdings in USDT by $44.3 million, while simultaneously reducing their stakes in USDC by $20.6 million. This move in stablecoin could be influencing Bitcoin’s buy and sell points. Small moves from mid-tier traders often work as excellent signals for spotting market pivots from the crowd. In the past 2 weeks, #stablecoin holders with $10K to $100K: Added $44.3M in $USDT Dropped $20.6M in $USDC Link to explore our chart: https://t.co/5AfbILqe1F pic.twitter.com/82RhKnqXzI — Santiment (@santimentfeed) February 20, 2024 The recent trend shows these traders engaging in a strategic exchange between stablecoins and Bitcoin, suggesting an approach to capitalizing on market volatility. An increase in stablecoin holdings implies that these traders are taking profits from Bitcoin’s rallies, moving their gains into stablecoins as a hedge against potential market downturns. This action often brings market tops, where traders anticipate a short-term decline in Bitcoin prices. Conversely, a decrease in stablecoin holdings among this group points to a growing confidence in Bitcoin’s short-term appreciation. By converting stablecoins into Bitcoin, traders are effectively buying the dip, positioning themselves to benefit from anticipated price increases. This behavior reflects a bullish sentiment on Bitcoin, suggesting that these traders see potential for gains in the near term. Traditionally, market watchers have focused on the actions of large-scale investors, or “whales,” to predict price movements. However, the collective behavior of smaller traders is proving to be an equally potent predictor of market trends However, the current sentiment for Bitcoin remains bullish as CoinShares’ recent report highlights a record $2.45 billion inflow into crypto funds from major asset managers like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares last week, predominantly driven by new U.S. Bitcoin ETFs. Year-to-date, digital asset investments have reached $5.2 billion, pushing the assets under management to a peak of $67 billion, the highest since the 2021 bull market peak, according to James Butterfill, Head of Research at CoinShares. Bitcoin Needs A Retest To Stabilize Sentiment Several on-chain indicators are currently pointing towards an overheated sentiment around the BTC price, hinting at the possibility of a price adjustment. A key metric among these, the NVT ratio (Network Value to Transactions), has seen a significant rise, now at 71.09. This suggests that despite the increase in Bitcoin’s network value alongside its price, the transaction volume hasn’t risen much, signaling a potential overvaluation of the asset. Additionally, the Netflow metric has seen a notable uptick, shifting into positive territory. This signifies that Bitcoin inflows are surpassing outflows, resulting in a growth of exchange reserves. This trend could signal an upcoming price correction for BTC. Nonetheless, these corrections could potentially trigger buying momentum near the dip. For a downward trend to be firmly established, sellers must drive the price beneath the 20-day exponential moving average, currently at $51,909, which could initiate a slide towards the $50K mark. Conversely, for buyers to aim for a rise to $55,000, overcoming the resistance at $52,800 is essential. Meanwhile, to reverse the current upward trend, bears need to force the price below the moving averages, setting the stage for a potential decline to the breakout level of $48,400. Although bulls are expected to defend this level, if overcome, the price might fall to $47,000, with a further drop to $44,900 being a possibility.

1 day ago
Coinpedia
Coinpedia
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The post Bitcoin’s NVT Ratio Signals Overheated Sentiment! Here’s Why BTC Price Needs A Retest appeared first on Coinpedia Fintech News Bitcoin price continues to maintain its bullish momentum, remaining above the $52K threshold as investor confidence is triggered by bullish on-chain ETF reports. Despite this, the surge in purchasing demand for BTC raises alarms about a potential decline ahead, influenced by an overheated market sentiment as highlighted by various on-chain metrics. Such a scenario could necessitate a retest of Bitcoin’s immediate support levels to stabilize the current momentum. Bitcoin’s NVT Ratio Skyrockets According to the latest report by CoinShares, crypto funds from asset managers like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares saw inflows totaling $2.45 billion globally in the last week. This surge was largely driven by the launch of new U.S. spot Bitcoin exchange-traded funds, bringing the total inflows into digital asset investment products for the year to $5.2 billion. With the recent uptick in prices, the assets under management (AUM) at these crypto investment firms have reached $67 billion, marking the highest level since December 2021 during the climax of the previous bull market, as pointed out by James Butterfill, the Head of Research at CoinShares. As a result, the BTC price is experiencing positive momentum, consistently staying above the $52K mark. Yet, multiple on-chain metrics are now signaling an overheated sentiment for the BTC price, suggesting a potential need for a price correction. Among these indicators, the NVT ratio (Network Value to Transactions) has notably increased, currently standing at 133.2. This indicates that while Bitcoin’s network value has surged with the price hike, the volume of transactions has not seen a comparable increase, pointing towards a possible overvaluation. Furthermore, the Netflow metric has recently experienced a significant rise, moving into the positive territory. This indicates that inflows are exceeding outflows for Bitcoin, leading to an increase in exchange reserves. Such a trend could bring a price correction for BTC. However, such retests might strengthen the buying momentum. What’s Next For BTC Price? Bitcoin is facing resistance at the $52,000 mark, with attempts by sellers to push the price below $50,000. However, buyers continue to defend a decline strongly. As of writing, BTC price trades at $52,122, surging over 0.7% from yesterday’s rate.  A potential challenge to the rally’s sustainability is the Relative Strength Index (RSI) heading toward the midline, hinting at a correction in the short term. For a bearish shift to be confirmed, sellers need to push the price below the 20-day exponential moving average ($51,880), potentially leading to a downturn towards the $50K level. To enhance the chances of climbing to $55,000, buyers must breach the $52,800 resistance. On the other hand, to plunge the upward momentum, bears must pull the price below the moving averages, potentially triggering a fall to the breakout point of $48,300. While bulls are likely to defend this level aggressively, a breach could see the price dropping to $47,000 and possibly further to $44,800.

2 days ago
koinmilyoner
koinmilyoner
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Coinify and Ledger Live's fiat on-ramp handle $VET and $VTHO . VeChain added VET and VTHO to Ledger Live and Coinify's fiat on-ramp. VeChain called it a technological integration and claimed it shows their dedication to improving the community experience. VeChain provides enterprise-grade, sustainable infrastructure with Ledger Live. Ledger Live users may purchase crypto for fiat cash like the US dollar by going to the purchase Crypto area. VeChain thinks the invention will revolutionize custody for builders and holders. The VeChain development team made the integration work. VeChain selected Ledger Live for greater private key security. This connection gives VeChain access to Ledger Live's cutting-edge technologies. Naturally, Coinify's fiat on-ramp works similarly. Users may easily transact with both tokens. Because it allows network-wide digital asset management, the integration emphasizes user autonomy. Coinify makes transactions easy. Simply input the amount, evaluate the value, and execute in seconds. Coinify lets users purchase, trade, and transfer tokens from Ledger Live. The development is promising for VeChain. The official release states that it prioritizes scalable and sustainable blockchain infrastructure to lead blockchain innovation. Along with its dedication to varied solutions, the community may anticipate additional developments. VET rose 3.37% to $0.04545 in 24 hours. A 51.34% gain over the last week is also seen. However, its 24-hour volume dropped 18.95%. It may indicate that the community is hanging onto VET stock in hopes of a rise. VTHO's market value rose 13.68% to $0.005561. Over the previous week, it rises 107.21%. Notably, its 24-hour volume rose 276.62%. This contrasts with the present state of VET, except for token value. The breakthrough bodes well for crypto wallets like Ledger NanoX. Product market impression is positively correlated with ecosystem performance. The majority of VeChain users are optimistic about the advancement, while some are confident in the security upgrade. #VET #VTHO #TrendingTopic

3 days ago
koinmilyoner
koinmilyoner
followers

💥Forecast for Solana as Daily Trading Volume Exceeds $1.7 Billion: Are Whales Buying?💥 💥The Solana price fell 0.3% to $111.96 in 24 hours while the crypto market gained 1.5% today. 💥Despite its lack of movement today, SOL is up 7% in the previous week, 22.5% in the last 30 days, and 370% in the past year. 💥The coin's trading volume has risen over $1.7 billion in recent days, indicating momentum for additional rises. 💥After dropping in recent days, SOL may recover in the first part of this week. 💥Its relative strength indicator has risen to 60 after falling close to 55 over the weekend, indicating that some traders are buying the currency at a discount. 💥SOL's 30-day moving average is above its 200-day (blue), and its price is above both. 💥This shows that the token is still expanding and that, despite its recent decline, its medium- and long-term direction is upward. 💥Whales are purchasing the coin again, suggesting volume is rising. 💥SOL is the most popular cryptocurrency among institutional funds after Ethereum (ETH), with CoinShares' latest Digital Asset Fund Flows report showing $838 million in SOL under management. 💥Despite not being this week, the Solana price will likely rise as the market continues to rise due to increased Bitcoin ETF volumes and the imminent Bitcoin halving. 💥Solana's platform expansion will also assist, since SOL-based NFT demand is driving blockchain network transaction volumes. 💥Two weeks ago, it had an outage, but engineers fixed it fast, and everything appear to be back to normal. 💥The SOL price may hit $150 in the next months before exceeding $200 in the summer. #sol #Write2Earn #TrendingTopic

3 days ago
Coinpedia
Coinpedia
followers

The post The trader who made a fortune with Shiba Inu (SHIB) spots 2024’s big thing, priced at just $0.12 appeared first on Coinpedia Fintech News In the landscape of cryptocurrency, stories of astonishing wealth creation and unexpected fortunes are not uncommon. From the early days of Bitcoin to the meme coin frenzy of recent years, investors have witnessed meteoric rises and devastating crashes. One such tale of extraordinary success revolves around the journey of a trader who made a fortune with Shiba Inu (SHIB) and now sets their sights on what could be the next big thing in 2024: RETIK, priced at just $0.12. From Obscurity to Millions: The SHIB Millionaire’s Journey On a fateful day in October 2020, a trader made a bold decision to invest $17 in a meme coin called Shiba Inu. At the time, Shiba Inu was merely a playful response to Dogecoin, another cryptocurrency known for its humorous origins. However, the reception for tokens featuring Shiba Inu imagery was lukewarm at best. The value of a single Shiba Inu token was minuscule, priced at a mere $0.000000000085, with ten zeros preceding the decimal point. The entire market capitalization of the Shiba Inu project amounted to less than $10 million. Undeterred by the token’s initial lack of popularity, the investor seized the opportunity and purchased over 200 billion $SHIB tokens with just $17, undoubtedly feeling a sense of excitement at the prospect. In the ensuing months, the investor’s gamble paid off handsomely as the value of $SHIB experienced a ten-fold increase. Suddenly, the $17 investment ballooned to $170, marking a significant return on investment. However, the true astonishment came when $SHIB embarked on an unprecedented rally. By April 1, 2021, the price of $SHIB had surged to $0.00000005, and its peak was reached on October 30, 2021, at $0.000075. Within just over a year, the fortunate investor witnessed an astronomical return of approximately 90 million percent, turning their initial $17 investment into an astonishing $15 million. Buying their newfound wealth, the investor’s wallet transaction history revealed a strategic move: they used a portion of their returns to purchase a specific token in anticipation of the upcoming bull run in 2024. This decision reflects their shrewdness and foresight in navigating the volatile world of cryptocurrency investments. What Coin Could Be the Next Millionaire Maker? While pumps of this magnitude are once in a lifetime, investors need not worry because the meme coin market is rife with new, promising opportunities. The potential diamond in the rough Retik Finance is racing through its presales, which allows traders to get in early at a discounted price. Discovering RETIK: A Game-Changer in DeFi Enter RETIK, a relative newcomer to the cryptocurrency scene that has caught the attention of the SHIB millionaire. With a presale price of just $0.12, RETIK is a decentralised finance (DeFi) initiative with lofty objectives and a distinctive strategy for bridging the gap between the blockchain ecosystem and traditional finance. Fundamentally, RETIK wants to transform the financial sector by providing an extensive array of DeFi solutions that meet the various demands of its clients. With products ranging from DeFi debit cards that facilitate Bitcoin transactions in real life to an intuitive and safe wallet for digital asset management, RETIK aims to offer useful financial services to a worldwide clientele. The focus RETIK places on innovation and practicality sets it different from other DeFi efforts. As a result of providing workable solutions that might lead to general acceptance, RETIK seeks to fill real holes in the market, whereas many cryptocurrencies concentrate only on speculative trading or specialised uses. The SHIB millionaire’s interest in RETIK has sparked speculation about the project’s prospects and whether it could be the next big thing in the world of cryptocurrency. With its ambitious roadmap, innovative features, and strong community support, RETIK has captured the imagination of investors who see it as a promising opportunity for substantial returns. Moreover, RETIK’s presale success, which has already seen it secure an impressive $25 million, is indicative of strong investor confidence in the project’s potential. This substantial financial backing not only provides a solid foundation for RETIK’s future development and growth but also underscores the market’s belief in its vision and mission. For the SHIB millionaire, RETIK represents more than just another investment opportunity—it symbolises the potential for continued success and prosperity in an ever-evolving market. By recognizing the value and potential of projects like RETIK, this trader has demonstrated their ability to navigate the complexities of the crypto landscape and identify opportunities for significant gains. As the crypto market continues to mature and evolve, stories like that of the SHIB millionaire serve as a reminder of the transformative power of digital assets and the boundless opportunities they present. With projects like RETIK leading the charge towards a more inclusive and accessible financial future, the stage is set for another wave of innovation and prosperity in the years to come. Conclusion The trader who made a fortune with Shiba Inu (SHIB) has set their sights on 2024’s big thing: RETIK, priced at just $0.12. With its ambitious vision, innovative features, and strong community support, RETIK represents a promising opportunity for investors seeking substantial returns in the dynamic world of cryptocurrency.  As the crypto market continues to evolve, stories like that of the SHIB millionaire serve as a testament to the transformative power of digital assets and the endless possibilities they offer for wealth creation and financial empowerment. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website: https://retik.com Whitepaper: https://retik.com/retik-whitepaper.pdf Linktree: https://linktr.ee/retikfinance

3 days ago
Cryptopolitan
Cryptopolitan
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The digital currency space is abuzz as a new contender priced under $1 is capturing the attention of investors previously focused on well-known names like Shiba Inu and Solana. This emergent cryptocurrency, Pandoshi (PAMBO), is quickly becoming a topic of interest for its potential to deliver significant returns and its unique position within the decentralized finance (DeFi) space. With its innovative approach and promising presale performance, Pandoshi is not just appealing to those looking for the next big meme coin but also to serious investors seeking diversification in their crypto portfolios. As it enters the final stages of its presale, many are watching closely to see if it can live up to the growing hype and establish itself as a formidable player in the crypto market. Pandoshi (PAMBO) Pandoshi is making significant inroads in the DeFi world, offering an array of blockchain-based functionalities that go beyond simple financial transactions to foster a community-led ecosystem. This emphasis on user empowerment, privacy, and decentralization has set it apart in the crypto space. From the start of its presale, Pandoshi has seen its token value soar by an impressive 500%, climbing from an initial $0.002 to $0.01 in the ongoing fifth and final phase. This surge reflects the growing market interest and positions Pandoshi as an appealing option for those searching for cost-effective cryptocurrency investments. The Pandoshi ecosystem is built on a Layer-2 Network that employs the Proof of Stake protocol, marking a shift towards more sustainable blockchain solutions. It includes a decentralized exchange, the Pandoshi Wallet for secure asset management, Metaverse gaming, educational content, and crypto-compatible prepaid cards, all integral to its expansive ecosystem. Central to this setup is the PAMBO token, rooted in the Ethereum blockchain and designed with deflationary principles in mind, using a buy-and-burn approach to enhance scarcity. Crucial elements like the decentralized exchange amplify the token’s worth by using transaction fees to repurchase and permanently eliminate PAMBO tokens, thereby reducing supply and boosting value. A milestone for Pandoshi was the beta launch of the Pandoshi Wallet on the Google Play Store, announced via their Twitter, marking a significant phase in its development. This step is pivotal for the project’s expansion, particularly in supporting EVM-compatible chains with future plans for non-EVM chain integration. An iOS wallet version is also anticipated, broadening the project’s reach. The introduction of the Pandoshi Wallet has positively impacted the project’s standing, reinforcing trust in its DeFi commitment and adherence to open-source development. This development has ignited investor interest, with many joining the presale in anticipation of its conclusion. Pandoshi offers a compelling investment with its dynamic ecosystem and strategic economic model. Interested investors can obtain PAMBO tokens via the project’s website, where detailed purchasing information is provided. Click Here To Take Part In Pandoshi Presale Visit the links below for more information about Pandoshi (PAMBO):Website: https://pandoshi.com/Whitepaper: https://docs.pandoshi.com/

3 days ago
Coinpedia
Coinpedia
followers

The post Prepare for the Bull Run With the 8 Top Crypto To Buy Right Now appeared first on Coinpedia Fintech News Bullish momentum is picking up speed in the current crypto market. And now, investors are looking at promising assets expected to grow a lot. So, if you want to add some to your portfolio, here’s a list of the eight best crypto to invest in right now. Pullix (PLX) Pullix (PLX) is set to change how individuals trade online. Traditional exchanges meet decentralized exchanges. In other words, Pullix will combine the best features of both entities and place them into one. Therefore, traders experience deep liquidity, access to all asset classes (including cryptos), and self-custodian portfolio management – all the good stuff. The platform currently sits at Stage 8 of its presale, where it has already raised close to $6.5M, onboarded over 15,000 users globally, and is preparing for its launch. The native PLX token is available for purchase during this phase, as it will be pivotal in using the platform. As the main currency for trades, PLX also gets you reduced fees. A “Trade-to-Earn” revenue-sharing model will allow PLX stakers to receive a percentage of Pullix’s daily revenue, adding an enticing incentive. They also have added a burning feature that rewards long-term holders, which should increase the token’s value. Currently, one PLX crypto is worth $0.14 – a 250% ROI for all those that bought it early. With a dynamic pricing scheme that raises the token price with each successive step and at least one more presale stage left, the project is well-positioned to significantly attract potential investors and finish among the top cryptocurrencies of 2024. With a live platform demonstration available to the public, two trading licenses obtained and listings on both Bitmart and Uniswap, Pullix has the potential to become the next 100x token in 2024. For more information regarding Pullix’s presale see links below: Visit Pullix  Join The Pullix Communities VeChain (VET) VeChain (VET) is a big player in the crypto space and impresses with its real-world cases. Currently, VeChain shines brightest in supply chain management. As you’d expect, the more businesses get on board, the more potential there is for VeChain growth. In terms of the VeChain price movement, it has jumped from $0.029 to $0.046 in the past week alone. Its market cap grew from $2.16B to $3.35B in that period. The technical analysis for the VeChain crypto also paints a bullish picture, as 29 indicators are green. Therefore, market analysts forecast a pump to $0.067 for VeChain within Q1 of 2024. Render Token (RNDR) Render Token (RNDR) operates as a rendering network that serves as an intermediary between artists or studios and mining partners. In other words, artists can obtain GPU computing power while miners will provide this service to obtain Render Tokens. This utility has made countless individuals gravitate toward the Render Token. Recently, the Render Token has been on an uptrend. CoinMarketCap data shows that the Render Token price has increased from $4.64 to $5.40 in the last seven days. The Render Token market cap surged from $1.75B to $2.04B during that time. As the Render Token trades above its 50 and 100-day EMAs, analysts predict a hike to $6.85 within Q2 of 2024. Sei (SEI) Sei (SEI) is an L1 blockchain built on Cosmos that aims to shake up digital asset trading. The Sei crypto has turned some heads as its value soared recently. The Sei price increased from $0.68 to $0.92 in the past week alone. In terms of the Sei market cap, it also pumped from $1.69B to $2.35B in that period. Sentiment for the Sei crypto is bullish, as 19 technical indicators are green. Additionally, Sei has experienced 16/30 green trading days over the past month. Due to all these reasons, market analysts claim that Sei is one of the top crypto coins to watch and may surge to $1.60 within Q2 of 2024. Solana (SOL) Beloved for its rapid transactions and low fees, Solana (SOL) stands out from the rest. And with decentralized applications growing, demand for the Solana crypto could rise even more. The Solana price movement has surged from $99 to $109 in the past 30 days. The Solana market cap increased from $44B to $48B in that period. At the moment, the technical analysis for this crypto shows a bullish trend forming. For instance, the Solana crypto has experienced 18/30 green trading days in the last 30 days. Furthermore, 23 technical indicators are showing green for Solana. As a result, experts predict that Solana may surge to $123 within Q1 of 2024. Ethereum (ETH) Ethereum (ETH) is the second-oldest cryptocurrency and one of the top crypto coins. Essentially, Ethereum is a smart contract and decentralized apps pioneer. Over the last seven days, the Ethereum crypto value has risen from $2,497 to $2,770. Not only that, the Ethereum market cap also saw a jump from $299B to $332B in that period. Currently, over 27 technical indicators are showing green for the Ethereum crypto. Plus, Ethereum now trades above its 100 and 200-day EMAs. Because of all these reasons, experts predict that Ethereum may pump to $3,629 within Q2 of 2024. Manta Network (MANTA) Manta Network (MANTA) is carving out its lane in the crypto market. Its focus on privacy and scalability may make Manta Network a hit. With an exciting approach to decentralized privacy, Manta Network could make a huge splash this bull run. The Manta Network crypto price has surged from $2.27 to $2.94 in the past month alone. During that time, the Manta Network market cap increased from $571M to $738M. Additionally, Manta Network now has seven technical indicators in the green. Thus, experts predict that the Manta Network price may hit $4 within Q1 of 2024. Fetch.AI Fetch.AI (FET) is integrating artificial intelligence with blockchain. As AI integration gains traction, Fetch.AI’s potential for growth in the crypto market could skyrocket. Recently, the Fetch.AI crypto has been on a tear. Fetch.AI has surged from $0.59 to $0.71 in the last seven days. This crypto’s market cap also pumped from $498M to $593M during that time. Currently, sentiment for the Fetch.AI crypto is bullish, as 27 technical indicators are flashing green signs. Not only that, but Fetch.AI now trades above its 100- and 200-day EMAs. As a result, experts have made a bullish Fetch.AI price prediction. They forecast a surge to $1.06 for this crypto within Q2 of 2024.

3 days ago

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