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Cryptoglobe
Cryptoglobe
Detailed Breakdown of Jamie Coutts' Q3 2023 Report on Smart Contract Platforms
5 months ago
NA
Crypto
ETH,BNB,BNB,SOL,CELO
Fantom(FTM)

$0.36

3.22%

Market Cap
1.02b
 

3.22%

Volume (24h)
38.04m
 

10.86%

Released on 29 Oct 2018
CryptoNewsLand
CryptoNewsLand
followers

Investing in cryptocurrencies can be a high-risk, high-reward endeavour, but for those seeking a more conservative approach, there are still opportunities to potentially reap significant rewards. While the crypto market is known for its volatility, certain projects stand out for their long-term potential and relatively lower risk. In this article, we’ll explore three such coins — Retik Finance, Avalanche, and Fantom—that could pave the way to millionaire status by 2025. Retik Finance (RETIK): Revolutionising Decentralised Finance Retik Finance (RETIK) is positioning itself as a game-changer in the decentralised finance (DeFi) space. Founded on the principles of transparency, security, and innovation, Retik Finance offers a wide range of financial services and solutions built on blockchain technology. From decentralised exchange (DEX) functionality to AI-powered lending platforms and multi-chain interoperability, Retik Finance aims to empower users worldwide by providing access to cutting-edge DeFi tools. At the core of Retik Finance’s ecosystem is the RETIK token, which operates on the Ethereum mainnet and adheres to the ERC20 standard. With a total supply of 1 billion tokens, RETIK facilitates decentralised transactions within the platform and powers its innovative financial solutions. As Retik Finance continues to expand its offerings and attract users, the value of the RETIK token could see significant appreciation. With a strong community of supporters and a dedicated team of experienced professionals driving its development, Retik Finance is well-positioned to thrive in the evolving landscape of decentralised finance. For investors looking for a low-risk entry point into the world of crypto, RETIK presents an enticing opportunity for long-term growth and potential millionaire status by 2025. Avalanche (AVAX): Redefining Blockchain Scalability Avalanche (AVAX) stands out as one of the most promising projects in the blockchain space, particularly in terms of scalability and interoperability. Launched in 2020 by Ava Labs, Avalanche is a smart contract platform powered by the AVAX token. With a unique architecture comprising three distinct blockchains—the Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain) — Avalanche offers unparalleled speed and efficiency in processing transactions. What sets Avalanche apart is its high throughput, with the network capable of handling up to 4,500 transactions per second (TPS) and potentially scaling to 20,000 TPS in the future. Transactions on Avalanche are finalised in less than two seconds, making it one of the fastest blockchain-powered platforms available. Additionally, Avalanche’s compatibility with Ethereum’s Solidity programming language allows for seamless integration of Ethereum-based dApps and DeFi products, further enhancing its appeal to developers and users alike. As Avalanche continues to gain traction and expand its ecosystem, the demand for the AVAX token is expected to grow, driving its price higher. With its solid fundamentals and innovative approach to blockchain scalability, AVAX represents a low-risk investment opportunity with the potential for significant returns by 2025. Fantom (FTM): Leading the Charge in Blockchain Innovation Fantom (FTM) is another low-risk coin with the potential to yield substantial gains in the coming years. Founded in 2019 by the Fantom Foundation, Fantom is a smart contract platform that boasts impressive scalability and speed. Powered by the FTM token, Fantom’s core innovation lies in its Lachesis consensus protocol, which enables fast and secure transaction finalisation in approximately one second. One of Fantom’s key strengths is its compatibility with the Solidity programming language, allowing for easy migration of Ethereum-based dApps and DeFi services to the Fantom ecosystem. With a test network achieving speeds of up to 25,000 TPS and plans to scale to 300,000 TPS on the main network, Fantom offers unparalleled scalability and throughput compared to other blockchain platforms. As Fantom continues to attract developers and users to its platform, the demand for the FTM token is poised to surge, potentially leading to significant price appreciation. With its strong technological foundations and growing ecosystem, FTM presents a compelling investment opportunity for those looking to become crypto millionaires by 2025. Conclusion In conclusion, while all three coins – Retik Finance, Avalanche, and Fantom – present compelling investment opportunities, Retik Finance emerges as the most promising choice. With its comprehensive suite of DeFi solutions, transparent governance, and growing community support, Retik Finance is poised for significant growth in the years ahead.  Moreover, its focus on real-world integration and bridging the gap between traditional finance and the crypto realm further solidifies its position as the best buy for investors seeking long-term wealth accumulation. By considering the potential of Retik Finance alongside its counterparts, investors can strategically position themselves for success in the ever-evolving world of cryptocurrency. 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 The post 3 Low-Risk Coins You Can Hold Until 2025 to Become a Crypto Millionaire appeared first on Crypto News Land.

7 days ago
Crypto
ETH,GNO,ARB
Badger DAO(BADGER)

$3.25

-0.44%

Market Cap
60.78m
 

-0.44%

Volume (24h)
3.80m
 

-41.60%

Released on 04 Dec 2020
koinmilyoner
koinmilyoner
followers

The Durango Upgrade will soon be available on the EVM, according to a recent announcement made by Avalanche. Through an official publication, the production code for AvalancheGo@v1.11.0 was made available to the public. Assuming that it receives sufficient stake support, Ava Labs will trigger the update on the mainnet at eleven o'clock in the morning on March 6. There is a recommendation from the network that validators update their nodes prior to activation. All the way back in December of 2022, Avalanche began its voyage with AWM, which stands for Avalanche Warp Messaging. After that, the network suggested enabling AWM on both the Subnet-EVM and the C-Chain platforms. Within the Avalanche ecosystem, the ACP has the capability to enable native cross-chain interaction to various EVM chains. Additionally, it will set a standard for future virtual machines to interface with one another via the use of AWM. Because of this technology, there is no longer a need for trust assumptions or intermediaries, other than the validators of the Primary Network and the Subnets involved. Additionally, the update intends to solve the often asked questions that developers have been posing for quite some time. Additionally, the addition of P-Chain native transfers, the maintenance of smart contract compatibility with Ethereum, the addition of VM application failures, and the facilitation of subnet ownership transfers are some of the enhancements that have been realized. In addition, ACP-41 is suggesting that the StartTime for stakers that was stated by another user be removed. This causes the P-Chain to be elevated so that the staking period of a staker may begin as soon as the transaction is officially accepted. The calculation burden is decreased as a result of this action, while the efficiency of the network validators is increased. In the twenty-four hours that have passed after the announcement was made, the value of Avalanche has increased by 0.34%. There has been a 3% increase in the market cap, and the currency is now trading at $37.53. It is possible that AVAX may reach $65 before the end of this year, according to the Avalanche prediction. There is a significant number of people who utilize Avalanche, which is the ninth most popular cryptocurrency. The reason for this is because the Avalanche community has been watching the Durango update with great interest. The experts anticipate that Durango will get the required support from the stakeholders, which will result in its implementation on March 6 at eleven in the morning. #AVAX #avalanche #Write2Earn #TrendingTopic

6 days ago
Crypto Daily™
Crypto Daily™
followers

Recently, the cryptocurrency market exhibited signs of consolidation and robust security: Bitcoin surged past the $50,000 mark to stabilize around $52,000, which was an indicator of a strong start to this month. Nonetheless, despite retail traders gradually re-entering with caution, activity tied to spot Bitcoin ETFs remained high, with BlackRock potentially overtaking MicroStrategy and emerging as the BTC largest holder. This period of consolidation coincided with insights from the recent research paper that identified theoretical attacks on Bitcoin and Ethereum's proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms as 'economically unfeasible'. But while the document emphasized that the execution of such assaults had become impractical due to high costs and logistical complexities, the decentralized crypto exchange, Fixedfloat, fell victim to a hack in the broader ecosystem. The DEX consequently lost around $26 million worth of BTC and ETH, which stirred up security concerns within decentralized platforms. Meanwhile, four selected altcoins among other emerging gems from crypto are now attracting attention from investors keen on leveraging opportunities for growth and innovation within sector: they're looking not just buy low but also potentially high return investments – all amidst an evolving backdrop where one can never predict with certainty what might happen next! Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Ethereum (ETH): A Glimpse into Its Market Dynamics and Future Trajectory With the market cap exceeding $3 billion, Ethereum (ETH) successfully avoids the SEC's classification as an unregistered security. The anticipation around Ethereum ETFs, potentially approved later this year, also adds to the positive market sentiment. As of February 2024, Ethereum's price hovered around $3,000, reflecting a resilient recovery and positive market sentiment. Price predictions for Ethereum (ETH) vary widely, with some forecasts suggesting a potential surge to between $3,224 and $17,944 by 2025. This wide range indicates both the optimistic outlook of some investors and the inherent unpredictability of the Ethereum (ETH) market. Ethereum's (ETH) roadmap includes significant network upgrades like Deneb and Cancun, aimed at enhancing scalability and interoperability. The successful implementation of Deneb and Cancun could make Ethereum (ETH) a front-runner in the eyes of developers and users, enhancing its long-term price potential. However, regulatory uncertainties and competition from other blockchains are challenging Ethereum's (ETH) dominance. Arbitrum (ARB): Enhancing Ethereum's Ecosystem Arbitrum (ARB), a layer-2 ()L2 scaling solution for Ethereum (ETH), aims to improve transaction efficiency and reduce costs. Despite experiencing a market downturn in September 2023, Arbitrum (ARB) showed resilience with strategic partnerships and developments bolstering its ecosystem. The integration with The Graph and the anticipation of Arbitrum's (ARB) mainnet launch could affect the price recovery and future growth. Arbitrum's (ARB) value stood at approximately $1.8 in early January 2024, with predictions for 2024 ranging from $2.43 to $4.46. These Arbitrum (ARB) forecasts are cautiously optimistic as altcoin's future is contingent on the successful deployment of its mainnet and further adoption within the Ethereum ecosystem. So the future of Arbitrum (ARB) hinges on its ability to enhance Ethereum's scalability and user experience. With 560 million ARB tokens reserved for future airdrops, Arbitrum (ARB) is poised to incentivize participation and foster a vibrant ecosystem. However, the competitive landscape of L2 solutions and the broader market volatility pose potential threats to Arbitrum (ARB). Optimism (OP): Navigating Highs and Lows Optimism (OP) recently made headlines with its fourth airdrop, distributing $41 million in OP tokens to NFT artists. Despite a near 12% drop from its all-time high, Optimism (OP) initiatives to reward community engagement and foster growth reflected a strategic approach to building its ecosystem. Optimism (OP) price experienced a significant fluctuation, reaching a high of $4.1 before facing a downturn. The Optimism (OP) volatility is another example of how strategic developments can change investor sentiment in the speculative crypto market. Optimism's (OP) trajectory will likely be influenced by its ability to maintain momentum in its airdrop strategy and further integrate with the Ethereum ecosystem. While the potential for growth exists, especially with continued innovation and community engagement, market dynamics and competition from other scaling solutions pose challenges to Optimism's (OP) long-term position. Algorand (ALG): Pioneering Future Finance Algorand (ALG), designed as an "Ethereum Killer," offers a platform for developing decentralized finance (DeFi) applications with higher speeds and efficiency. Despite facing challenges, including a significant price drop after the SEC's allegations, Algorand (ALG) showed resilience as its involvement in the OpenWallet Foundation and the issuance of digital euro on its platform highlighted its potential for diverse applications. With price predictions for 2024 ranging from $0.25 to $0.53, Algorand (ALG) market outlook appears cautiously optimistic. Technological advancements and increased adoption can boost Algorand's (ALG) recovery process and growth potential. If Algorand (ALGO) overcomes regulatory hurdles and capitalizes on its tech innovations, its will probably succeed in the long run. Algorand's (ALGO) move towards a more decentralized architecture and the introduction of consensus incentivization are steps in the right direction. However, Algorand (ALG) needs the market conditions to turn favorable to attract more users and developers. Conclusion Currently, the cryptocurrency market steers through a phase of consolidation and heightened security. This phase is identifiable by Bitcoin's stabilization and Ethereum's resilience against theoretical attacks. The recent hack of the decentralized exchange Fixedfloat accentuates this environment. Investors aiming to capitalize on potential dips are significantly focusing their attention towards advancements in Ethereum's (ETH) L2 solutions like Arbitrum (ARB), Optimism (OP), and Algorand (ALG). The market's dynamic nature stands highlighted by both Ethereum ETFs' awaited launch and other projects' strategic steps to augment their ecosystems via fund generation and community engagement. A broader trend of innovation and growth in the sector manifests through Ethereum (ETH), Arbitrum (ARB), Optimism (OP), and Algorand's (ALG) developments, presenting an opportune landscape for institutional as well as retail investment. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

6 days ago
Crypto Daily™
Crypto Daily™
followers

Major crypto tokens are trading in the red in today's trade, primarily influenced by diminishing expectations of early interest rate cuts from the Federal Reserve. Investors eye the coming minutes from the US central bank's last meeting which, many believe, will provide critical insights into future policy directions. Amidst this cautious backdrop, Bitcoin recently experienced a rollercoaster ride, surging to a new yearly high of $53,000, only to retrace back to $50,750. This fluctuation was attributed to a combination of peaking open interest and unfavorable funding rates for bullish positions. Although it rebounded to $51,000, it's Ethereum's resilience that caught the market's eye, with its price surpassing the $3,000 mark and holding steady, fueled by the anticipation of a spot ETF approval in the US and progress in its network upgrade. In this complex tapestry of market movements, DeFi blockchains Sei (SEI) and Sui (SUI) have not been immune to the market's vicissitudes, with both tokens experiencing a plunge of over 5% in today's trading session. However, in the midst of these broader market fluctuations, there's a growing buzz around ScapesMania (MANIA), a project that has recently concluded its presale stage. As the crypto community eagerly awaits its impending Token Generation Event (TGE) and anticipated DEX listing, there's a palpable sense of expectation that MANIA might open new avenues for a wider array of crypto investors. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Sei (SEI) Price Analysis In a striking 24-hour period, Sei's (SEI) value witnessed a notable decline, dropping from $0.96 on February 20 to $0.87 amid the trend index's increased volatility and a downturn in trading volumes. The community is now closely monitoring the coming Sei v2 upgrade, slated for release in Q1 2024, which promises to enhance the Sei's (SEI) capabilities by allowing developers to integrate Ethereum protocols. So the anticipated upgrade is a focal point of interest and can determine SEI's future trajectory. Sei (SEI) Technical Outlook Currently, Sei (SEI) is trading between its first support level at $0.7347 and its first resistance level at $1.1132. Source: TradingView The Exponential Moving Averages (EMA) paint a moderately positive picture, with the 10-day EMA at $0.907 and the 50-day EMA at $0.8837 hovering just above the 200-day EMA at $0.7466. However, the Relative Strength Index (RSI) at 40.95, Stochastic %K at 20.03, and the Commodity Channel Index (CCI) at -164.59 signal a bearish sentiment, indicating potential overselling. The Average Directional Index (ADX) at 23.43 suggests a lack of strong trend, while the negative MACD level and declining Momentum reinforce a cautious outlook. Sei (SEI) Price Prediction Looking at possible scenarios, a bullish perspective might hinge on the SEI breaking above $1.1132. If this happens, it could signal a shift in investor sentiment and a potential run towards the $1.2645 resistance, or even the $1.643 barrier in a more optimistic case. On the flip side, the bearish scenario, as predicted by some analysts, could see Sei (SEI) breaking below $0.7347, possibly due to ongoing market pressures and the current negative sentiment. If this bearish trend persists, SEI might find itself testing lower supports at $0.5057 and potentially the critical $0.129 level. Sui (SUI) Price Analysis With an impressive 62% spike, Sui (SUI) outpaced established competitors like Cardano, NEAR Protocol and Aptos in terms of total value locked (TVL), now exceeding $584 million across various protocols. This remarkable growth was partly attributed to a substantial $310 million bridge from Ethereum to Sui (SUI) in the last 30 days, as reported by wormholescan.io, representing more than a doubling of its position since the start of the year, when the TVL was approximately $211 million. Despite initial challenges, including a 68% decline in SUI and accusations of token supply manipulation, Sui (SUI) made a significant comeback after adopting inscriptions, a method for recording data on the blockchain that gained prominence during Bitcoin's NFT era, leading to a surge in blockchain activity. Sui (SUI) Technical Outlook Technically, SUI is trading between its first support level at $1.6683 and its first resistance level at $1.9523. Source: TradingView The 10-day EMA at $1.6991 and 50-day EMA at $1.7484 are currently above the 200-day EMA at $1.5414, suggesting a potential bullish trend in the shorter term. However, the RSI at 35.38 indicates that Sui (SUI) might be approaching oversold territory. The Stochastic %K is at a low 24.1 and the CCI at -145.31 also point to potential overselling. The ADX at 23.33 suggests a lack of strong trend, while the negative MACD and Momentum could be indicative of a bearish momentum building up. Sui (SUI) Price Forecast For the bullish scenario, if SUI maintains its current momentum and innovation, particularly in embracing technologies like inscriptions, it could break past $1.9523, aiming for the more distant resistances at $2.1046 and $2.3886. This optimism is backed by the recent surge in TVL and the innovative approach of its team, comprising former Meta employees. On the bearish side, if the market sentiment turns negative or if Sui (SUI) fails to sustain its innovative edge, it could see a retraction towards $1.6683 or even lower towards the next supports at $1.5366 and $1.2526. The recent slip in SUI's value left many wondering if Sui (SUI) can withstand bearish pressure amid the negative trends and past hiccups that initially rocked its stability. Closing Thoughts In the midst of a fluctuating crypto market, where major tokens are experiencing downturns influenced by Federal Reserve policies, DeFi blockchains Sei (SEI) and Sui (SUI) are navigating through their own unique challenges and opportunities. SEI, on the cusp of a significant upgrade, faces a crucial period that could redefine its market position, while SUI, having recently surged in total value locked, confronts the test of maintaining its momentum amidst market uncertainties. Both platforms, emerging from their respective lows, are now at pivotal junctures, with their technical indicators suggesting potential paths but also hinting at the need for cautious optimism. As investors and traders closely watch these developments, the future of Sei (SEI) and Sui (SUI) hangs in a delicate balance, promising potential rewards for those who can adeptly ride the waves of these emerging DeFi contenders. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

6 days ago
Bitcoinworld
Bitcoinworld
followers

In today’s digital landscape, we’re seeing a steady stream of newcomers entering the scene, all eager to claim their piece of the pie. Sure, Bitcoin and Ethereum are the usual headliners, but there’s a group of lesser-known cryptocurrencies quietly making waves. The recent SEC decision on Bitcoin ETFs has been a boon for the market as a whole, and now investors are on the lookout for promising additions to their portfolios. Among these, emerging crypto InQubeta (QUBE) is a top choice. Let’s explore this project, along with 6 other under-the-radar AI altcoins that are gaining momentum.   1. InQubeta (QUBE): Riding the AI Revolution InQubeta (QUBE) is a top ICO for many because it features a crypto-based crowdfunding space and an NFT marketplace. The project aims to make investing in AI start-ups more accessible by converting investment opportunities into fractionalized NFTs. This allows investors with varying budgets to support AI projects by purchasing NFTs with their QUBE tokens. With AI expected to be the big player in the next crypto boom, InQubeta is right there at the front of the pack of new ICOs, ready to shine as one of the hottest investments of 2024. The best part is you can get in on the action at an early stage. The presale is currently in Stage 7, with QUBE priced at $0.0224. With over $9.7 million already raised and more than 800 million tokens circulating among early beginner cryptocurrency investors, the stage is set for some serious gains. Join InQubeta Presale   2. Internet Computer (ICP): Recreating the Web Internet Computer isn’t just your average blockchain – it’s rewriting the rulebook. This platform is running at web speed with the capacity to spare. With a focus on scaling smart contract development, IC is gearing up to transform how we interact with web services. Watch out for this one – it’s a total game-changer.   3. Near Protocol (NEAR): The Ethereum Rival Near Protocol (NEAR) is giving Ethereum a run for its money with its faster, higher throughput blockchain. Thanks to its unique ‘sharding’ technique, NEAR is making decentralized app development a breeze. Its user-friendly features and scalability make it a top pick in the blockchain world.   4. Injective (INJ): Decentralizing Finance Injective (INJ) is all about making finance accessible to everyone with its suite of decentralized finance (DeFi) applications. Whether you’re into margin trading or derivatives, INJ has got you covered. And with its rock-solid infrastructure, this best crypto investment is set to skyrocket in the years to come.   5. Render (RNDR): Empowering Artists Render (RNDR) allows artists to harness the computing power of crypto miners for rendering computer graphics. With its distributed GPU rendering network, RNDR is revolutionizing the way we create and consume digital content. It’s a project with huge potential, so keep your eyes peeled for updates.   6. The Graph (GRT): Indexing Blockchain Data The Graph is shaking things up in the blockchain space. With its innovative protocol for organizing blockchain data into bite-sized ‘subgraphs,’ GRT is making these more accessible and user-friendly. Get ready for a wave of change in decentralized finance and beyond.   7. Theta Network (THETA): Decentralizing Video Streaming Theta Network (THETA) empowers content creators to take charge of their own paths. Forget about those pricey streaming platforms – THETA is all about making digital content way more accessible. They’re basically leading us into a whole new era of how we watch stuff online.   Conclusion These seven under-the-radar AI cryptos are sparking excitement in the crypto community. From new DeFi projects like InQubeta to revolutionary technologies like Internet Computer and Near Protocol, there’s no shortage of innovation in the crypto space. If you’re intrigued by InQubeta and eager to dive deeper, check out their website or join the community on Twitter. The future of AI and cryptocurrency is looking bright, and InQubeta is at the forefront, leading the charge into this exciting new frontier. Visit InQubeta Presale  Join The InQubeta Communities The post 7 Under-the-Radar AI Cryptos Gaining Investment Momentum appeared first on BitcoinWorld.

7 days ago
Coinpedia
Coinpedia
followers

The post Top 10 Best Altcoins To Stake in 2024 appeared first on Coinpedia Fintech News Crypto staking has been rapidly growing due to the promising passive rewards it offers! Staking involves users locking up their crypto assets to earn rewards in return. Regarding crypto staking, we need to keep some important factors in mind. Annual Percentage Yield (APY)and volatility are vital in determining the best altcoins to stake in 2024. The most apt crypto for a person to stake depends on his goals and risk tolerance—high APY tokens like Bitcoin Minetrix and TG.Casinos offer great returns and come with higher risks. However, stablecoins like Tether provide more security in volatile markets. This report by Coinpedia has compiled all the essentials you need in your kit while exploring the best altcoins to stake in 2024! Key Points to Consider While choosing the right option for you, metrics like these shall be considered: APY Consider the most crucial metric for staking, which is APY! It is the percentage return on the crypto asset you stake. Different tokens have different values of APY. Choose before you stake! Returns The return is mostly estimated based on the total value locked and the network’s popularity. The more investors are involved, the more rewards are split among the validators. Make a goal about how much you wish to earn out of staking! Validator or delegator Validators run a node and participate in staking, which requires more technical knowledge. Meanwhile, delegators are token holders who wish to participate in staking, instead choosing to use and trust an existing validating node and delegate their tokens to that node. Validators generally earn a little more, taking a small fee from delegators’ rewards in exchange for running the node. Decide what’s your category! Taxation Taxation on staking depends on the region you are working in! Staking rewards are treated as taxable in some countries. It is essential to check that the coin you are staking offers good reporting through your chosen platform! Also, know about all taxation policies in the area of operations. Staking platforms Innumerable staking platforms are available in the market that can help you get started. Always do your research before choosing the one for you! Consider the prime points like platform fees, etc. Top 10 Altcoins to Stake in 2024 Smog APY: 42% $SMOG is ranked as the best staking coin by cryptonews.com. It caught investor attention as a viral meme coin on the Solana blockchain since its recent launch on the Jupiter DEX. Investors can earn rewards by holding tokens and completing targets, supported by a 42% APY staking yield with a 90-day lock-in period. Beginning its journey at $0.001419, its price surged by over 3000% to $0.047, boosting its market cap from $2 million to over $64 million. This growth makes Smog a potential rival to coins like Bonk, Myro, and Dogwifhat. Also, Smog’s fair launch approach with no presale has boosted its credibility. The platform dedicates 50% of its supply to marketing, aiming for broad adoption and community expansion. Additionally, 10% of the supply is reserved for future centralized exchange listings and 5% for decentralized exchange liquidity. Smog offers an astounding opportunity for investors in a new crypto project with a high staking yield and growth potential.  Bitcoin Minetrix APY: Above 500% This stake-to-mine crypto offers tokenized cloud mining credits. $BTCMTX is a new cryptocurrency that combines token staking and cloud mining. On this platform, token holders can stake $BTCMTX and earn cloud mining credits. It is offering staking rewards and APYs as high as 190%. To stake with this, one needs to buy $BTCMTX through the ongoing presale. From a total supply of 4 billion – 2.8 billion tokens are being allocated equally across ten presale rounds. During the current round, $BTCMTX is priced at $0.0114 per token. The price will jump to $0.0148 by the final round (stage 39). Also, the platform has an exciting minedrop with $30K rewards for early backers. Bitcoin Minetrix has already raised  $3.1 million in just over a month since the presale began. Isn’t it an exciting project? We place our bets on the Bitcoin Minetrix! Sponge V2 SpongeBob token V2 has moved to launch on Polygon and was seen making waves in February 2024. With this new network switch, Sponge V2 offered thrills to investors as they experienced a staggering 56% price gain. Furthermore, the project aims to provide up to 7,500% returns to active SPONGE V2 stakers. Despite skepticism surrounding meme coins, the original SpongeBob token has proved itself by achieving a $100 million market cap and rewarding early holders with great returns. Spine V2 is the new version of $SPONGE! After the V2 launch on exchanges, V1 tokens won’t be supported. The staked tokens will allow us to generate high APYs for the next 4 years! More than 400 million $SPONGE have been staked on the V2 contract. The smart contract is rewarding investors with up to 4000% in APYs. V2 might surge in popularity just like V1. It deserves to be among the top 10 altcoins to stake in 2024! Ethereum Staking rewards: Up to 4.3% One of the largest cryptocurrencies, Ethereum, has recently shifted from Proof-of-work to Proof-of-stake consensus. It can top the list of the best altcoins to stake in 2024. Ethereum is expected to solve major network concerns like high gas fees, scalability, and transaction speed. With this new upgrade, investors can stake Ethereum to help secure the network and earn rewards. There is a minimum staking requirement of 32 ETH. ETH currently has a market cap of $148 billion! How can we leave it out regarding the best altcoins to stake in 2024? Meme Kombat APY: 112% It introduces a concept where popular memes engage in AI-enhanced combat. The MK tokens can be staked to participate in meme battles, earning an APY of 112%. This unique approach has made Meme Kombat stand out in the staking arena and suitable for the ones with high-risk tolerance. eTukTuk APY: Above 30,000% It is a campaign launched in Sri Lanka to provide financial inclusion by replacing Tuktuks with electric vehicles. It will be further enhanced with AI for route optimization and task automation. This socio-economic revolution aims to bridge financial barriers while helping the environment with breathing space! eTuktuk is known for giving high APY rewards of 33,487%, with 4.75 per BSC block. A Total 144,981 of TUK have been staked by now. The TUK token has additional benefits like discounts and bonuses for its usage. eTuktuks are zero emission vehicles which are eco-friendly! The whitepaper highlights the ill-effects of pollution and how the project solves it efficiently.  Cardano One of the best staking tokens, it is one of the best proof-of-stake blockchains in 2024. ADA can be staked on the Cardano network to earn yearly interest in return for validating blocks on the blockchain. With an average of 75,000 transactions per second, Cardano is one of the fastest networks in the blockchain space. After launching at $0.076 in 2017, it reached an ATH of $3.10 in 2021.  If we stake Cardano on Kraken, an APY of 3-6% can be attained and 5% APY can be received from Atomic Wallet. Doge Uprising $DUP is a Doge-inspired Ethereum-powered crypto token with a focus on manga and storytelling. The story is set in the year 2045, when Mark Zuckerberg has the world under total surveillance. Only a group of brave Doge Mecha NFTs, commanded by pilots (NFT owners) and led by Elon Musk, can save the day. Investment in a Doge Mecha NFT is more than a financial endeavor, rather a commitment to fight against global tyranny. It’s also a community-focused project. The project intends to host multiple AMAs and liaison with several prominent influencers in the future. The price per DUP is $0.00013. ETH, USDT, and BNB could be used to purchase the token. Wallet Connect and MetaMask are required to connect to the presale listing page. There are a total of 450 billion $DUP tokens, of which 270 billion (60%) are available in the presale. 10% of the supply, 45 billion $DUP, is also allocated to airdrops.  Rush to get your hands on $DUP in order to make the best out of your staking game in 2024! Tether Tether is a stablecoin pegged to the US dollar! It offers stability in a highly volatile crypto market. It is preferred by the ones who wish to avoid high price volatility. It is extremely popular in the crypto community and has the third-largest market cap in the crypto market! TG.Casino APY: Above 600% It is a licensed and KYC-free casino accessible via Telegram! The project claims that it could be very popular in near future and might disrupt the traditional casino industry soon. By staking TGC tokens, one can enjoy an APY of over 600%.

8 days ago

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