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New Cryptos Rake in $8 Billion Weekly Volume Amid Market Rally
3 days ago
Mastering Crypto
Mastering Crypto
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🎴 Claiming 3 USDT on Binance: Quick Guide If you've heard about the 3 USDT promotion on Binance, follow these steps for a smooth claim: Get Crypto Here 1. Verify Your Account: Ensure your Binance account is fully verified through the KYC process. 2. Check Eligibility: Confirm you meet the criteria specified in Binance's terms and conditions for the promotion. 3. Navigate to Promotion: Log in and find the promotion page. Click on the 3 USDT offer for details. 4. Fulfill Requirements: Complete any specified tasks, like trading minimum volumes, to qualify for the 3 USDT reward. 5. Claim Your Reward: Once requirements are met, follow Binance's instructions to claim your 3 USDT. 6. Utilize Your Reward: Use the acquired USDT for trading, investment, or transfers within the Binance platform. Enjoy exploring the possibilities of your bonus and stay informed about the promotion's terms and conditions. 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Write2Earn #TrendingTopic

3 days ago
CoinChapter
CoinChapter
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XRP Trading Volumes Hit $1.6B- Surge Ahead? YEREVAN (CoinChapter.com) — Troubled cryptocurrency XRP is showing signs of recovery. In the past 24 hours, the token’s price has gained around 5%, adding to its over 8% weekly rally. The token’s trading volumes have surged, adding to the bullish sentiments around it. Furthermore, talks that the World Bank has recognized XRP as a stablecoin is throwing the crypto back into the limelight.  XRP trading volume surges XRP has experienced a remarkable boost in its trading volume, along with a surge in its price. On-chain data reveals, that around 2.9 billion XRP, worth over $1.6 billion, exchanged hands in the past 24 hours.  This increase, coupled with a significant uptick in XRP’s price, signals a resurgence of interest and activity in the altcoin. As a result of the spike in investor interest, XRP price reached a daily high of $0.5572, according to daily charts, levels not seen since mid-January.  XRP price chart. Source: CoinStats The $1.6 billion in XRP traded also signifies strong liquidity in the XRP market, offering investors considerable opportunities for trading. Such liquidity is essential for sustaining a dynamic and robust market, facilitating accurate price determination, and reducing the price volatility due to large transactions.  What is new around XRP? The surge in XRP’s price and trading volume could be linked to multiple factors. For instance, there is an optimistic mood prevailing across the cryptocurrency market, highlighted by Bitcoin’s (BTC) price surge above $52,000, the highest since December 2021. XRP has enjoyed positive market sentiment, with consecutive weeks of inflows reported by a recent CoinShares study. In other news, Sean McBride, former director at Ripple, recently claimed that the World Bank classifies XRP as a stablecoin.  XRP received over $1.1 billion in inflows. Source: X The revelation came after Wrath of Kahneman, who follows developments around the altcoin, enquired when the team will launch an XRP stablecoin. His question stems from the firm’s recent acquisition of Standard Custody & Trust Company.  Kahneman suggested that the firm can use the stablecoin in Automated market maker (AMM) Liquidity Providers (LP). Alternatively, the stablecoin could also find use on exchanges with much greater attestation and compliance than USDT/USDC.  “Ripple has tons of capital. I’m super interested in your thought here, though. Why move away from XRP and its utility with progress being made, and many including the World Bank, already classifying XRP as a stable coin?,”  McBride said.  However, others were quick to point out that XRP is not a stablecoin. The World Bank may have classified it as such because the XRP Ledger supports stablecoins.  With XRP price showing signs of recovery, investors are gearing up for the next bull run.  The post XRP Trading Volumes Hit $1.6B- Surge Ahead? appeared first on CoinChapter.

10 days ago
Crypto Daily™
Crypto Daily™
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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.

3 days ago
Coinspeaker
Coinspeaker
followers

Coinspeaker Polygon (MATIC) Price Slumps 6% after Final Token Unlock Worth Over $250M Polygon’s native token, MATIC, has entered total circulation after a final token unlock of 273 million MATIC worth around US $253M. This final unlock schedule was transferred from the Polygon (MATIC) Vesting Contract to the Polygon Foundation’s address on February 21, as Etherscan shows. 273 million MATIC (valued at approximately US$253 million) were transferred from the Matic vesting contract to the Matic Foundation address today. This is Matic’s last token unlock transfer, and MATIC has since entered full circulation. By @EmberCN https://t.co/PhEPziUEp9 — Wu Blockchain (@WuBlockchain) February 22, 2024 The final unlock brings the current total circulating supply to 10 billion MATIC. Since 2019, Polygon has been unlocking its tokens in a phased approach. The first token unlocks schedule in 2019 saw teams and advisors get 1.2 billion MATIC. In the subsequent schedules, between 2020 and 2023, 1.2 billion MATIC were unlocked each year for Network Rewards and Ecosystem Growth. The last and final unlock to its Foundation on 21 February meant all minted MATIC are now in circulation. Although this could be deemed a deflationary move and potentially boost MATIC price charts, the token slumped 6% on the final unlock day, falling from $1.0 to $0.90. Can Polygon (MATIC) Price Breakout Above $1? A look at the daily charts indicated that the $1 psychological level doubled as a key bearish order block and range-high. MATIC has faced three price rejections at the $1 level since late December 2023.  When zoomed out on the weekly chart, MATIC’s previous weekly candlestick close of $0.9992 was a bullish signal after climbing above the crucial $0.97 resistance level. A price retest above $0.97 on the weekly chart could give bulls more edge for further upside. In such a scenario, MATIC could break out above $1 with possible bullish targets to watch out for in the long term at $1.2, $1.3, and $1.5.  Conversely, an unforeseen bearish pressure could slump the token to the mid-range level of $0.87 or the range-low above $0.70. However, the bearish scenario seemed more unlikely given the Polygon’s positive network statistics. According to DefiLlama, Polygon’s TVL (total value locked) remained above $800 million in February and climbed to >$900 million around Valentine’s Day. The TVL stood at $965.7 million at press time, up from $963.4M the previous day.  Additionally, Token Terminal data showed that Polygon’s fundamentals were still positive, as trading volumes and daily active addresses increased to $796 million and 861K on 21 February.    As such, the MATIC price correction was likely not linked to its network traction and final token unlock but to Bitcoin’s recent price choppiness around $52k.  next Polygon (MATIC) Price Slumps 6% after Final Token Unlock Worth Over $250M

3 days ago
CaptainAltcoin
CaptainAltcoin
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Solana (SOL) has been having a decent time this month, with some major gains – even more so than some other tokens. On top of that, there may be even more gains in sight for the crypto asset. However, there are some tokens that are overshadowing SOL because they are even more lucrative. The two tokens in question are Bitcoin Minetrix (BTCMTX) and Smog (SMOG), which have the potential for significant growth. We give you all the details on these projects here. Solana Price Prediction: Major Gains Coming In? According to the technical analysis on the weekly time frame, SOL reached its highest point of $126 in 2023, but then declined. The drop reached its lowest point of $79 in January 2024. Since then, the SOL price has risen, forming consecutive positive weekly candlesticks. It hit a peak of $119 on February 14, 2024. The weekly Relative Strength Index (RSI) also shows a negative sign. Market traders use the RSI to measure the momentum of the price and to determine if it is overbought or oversold. They use this information to decide when to buy or sell an asset. If the RSI is above 50 and rising, it means that the bulls have more power, while if it is below 50 and falling, it means the opposite. However, the indicator is also showing a bearish divergence (green trend line), which is a common signal of a downward trend. Bitcoin Minetrix Has A Great Future Ahead of It Bitcoin Minetrix (BTCMTX) is a remarkable tokenized cloud mining platform, known for its efficiency and easy-to-use interface. The project has built a solid reputation by ensuring security and transparency. Users can conveniently get and stake BTCMTX tokens within the platform’s ecosystem, using user-friendly wallets like MetaMask, which are smoothly integrated with Ethereum. Bitcoin mining has usually been difficult for the average person. However, this platform and its token make it possible for anyone who wants to mine the most popular cryptocurrency in the world. This method improves accessibility, allowing investors to stake BTCMTX and get credits for more BTC mining. It also solves the problem of cloud mining reliability and reduces the chance of fraud in the industry. The project has many advantages, such as low startup costs, a safe and simple user interface, and an easy onboarding process. The process consists of buying tokens, choosing the buy-and-stake option, and then getting rewards in Bitcoin. The team has clearly defined an initial roadmap, showing a smart view on the project’s development. After the presale, their main objectives are to get listings on exchanges, start a full-scale marketing campaign, and begin the creation of desktop and mobile apps, which will need more team members. Ongoing talks with trustworthy cloud mining companies show great potential for significant growth, with an emphasis on creating the stake-to-mine contract. The next stage will concentrate on launching stake-to-mine desktop and mobile dashboards and enabling the first Bitcoin withdrawals to wallets. Future plans include adding the feature to exchange mining credits for hash power. The team’s top priorities going forward are marketing activities, possible expansion into cloud mining rentals, and other strategic business operations. Bitcoin Minetrix has reached impressive achievements during its presale, with the BTCMTX token currently worth $0.0136, raising almost $11.3 million. BTCMTX tokens can be bought through credit card transactions, ETH, USDT, and BNB. Also, a tempting Gleam contest offers a $30,000 mine drop reward. Smog (SMOG) Is A Meme Coin That Will Revolutionize The Niche We won’t hesitate to say it: Smog (SMOG) could be one of the biggest meme coins of all time. This Solana-based meme coin has rapidly gained popularity on decentralized exchanges (DEXs), reaching a $2 million market cap on Jupiter. The upcoming airdrop suggests the possibility of huge growth, and the staking option gives an APY of 42%. Do remember that meme coins are always vying for the crown of the fastest growing crypto tokens. This trend has been very clear in the last year, with many meme coins consistently beating the wider market. This trend is likely to persist in the future, with the meme coin niche staying one of the most lively and efficient in terms of producing returns. SMOG is following the footsteps of successful predecessors like Bonk and Myro, which have experienced amazing growth. Notably, SMOG’s DEX trading volumes have lately exceeded those of Uniswap. With its impressive growth, SMOG has the chance to outdo the accomplishments of SPONGE, which saw a 50x increase from $2 million to $100 million. SMOG is certainly one of the most attractive cryptocurrencies to invest in right now, with the upcoming airdrop possibly boosting it to become the top meme coin of 2024. Conclusion Solana (SOL) may have some upward momentum, but Bitcoin Minetrix (BTCMTX) and Smog (SMOG) are set to grow even further this year. We highly recommend keeping an eye on these tokens, joining their presales, and following their social media channels to keep up with the latest news. Check Out Smog Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content. The post Solana (SOL) Price Prediction: Positive Outlook, But Potential Gains Overshadowed By These Two Lucrative Tokens appeared first on CaptainAltcoin.

3 days ago
Van00sa
Van00sa
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🤯 WHAT HAPPENED TO STARK?🤯 $STRK tokens from Starknet faced a significant drop in value, losing 53% post launch. The tokens, initially priced around $5 each, experienced a drop preceding substantial token unlocks scheduled in the coming months. Data reveals a 55% decrease in $STRK value in 24 hours, with trading volumes surpassing $1.2 bil. The liquidation of merely $3 mil. worth of $STRK futures indicates that the selling pressure was largely spot-driven. Approximately 728 million STRK were distributed to 1.3 million addresses based on predetermined factors, such as blockchain participation and community involvement. Starknet, an Ethereum rollup platform, employs zero-knowledge proof technology to authenticate data sets without revealing the data itself. Over 100,000 wallets have claimed upward of 220 million STRK as of current. Of the supply, 50.1% has been allocated to the Starknet Foundation for community airdrops, grants, and donations. 24.68% is set aside for early contributors and investors, while 32% is for developer StarkWare’s employees, consultants, and developer partners. These tokens will be unlocked monthly over 31 months, starting from April, potentially increasing selling pressure. However, controversy surrounds the schedule for team and investor unlocks. Market observers discovered that Starknet’s actual token generation event occurred in November 2022, initially carrying a one-year vesting period later extended to April 2024, favouring insiders over new buyers. Token vesting usually begins after going live on exchanges or closer to their trading date. In STRK’s case, issuance happened almost two years prior to a public announcement. This means seed investors will have 13.1% of the supply unlocked in April 2024, with further unlocks each subsequent month. The initial unlock could be worth over $2.6 billion at current prices. Starknet has so far maintained its decision and has not altered the vesting date. #crypto #airdrops #news Sign up to Binance - Vanessa Sierra

4 days ago
Decrypted Labs
Decrypted Labs
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I AM GOING TO SELL ON THIS DATE 💰 I know you're tempted to take out profits. You see 👇 $INJ already 10X $RNDR close to ATH $KAS making new highs $TAO in its own league $ARC breaking big $ETH close to 3k and a lot more.... But wait, the long term glory is still far far away The real deal happens when we switch on the 550 day cycle after the Bitcoin halving. But why only 550 days? It's not a hypothetical number, it's the exact number after which the peak of the bull markets have been reached after the previous halvings. Reflecting on historical trends from 2016 to 2020 and the ongoing cycle from 2020 to 2024, similarities emerge with unique factors influencing the current market, such as increased institutional acceptance and trading volumes. 📈 Predicting the market peak is challenging, but observations suggest prices may reach new records between October 21, 2025 and November. It's important to consider that a this peak would be followed by a transition cycle from bull to bear which takes 7-9 months at times like we saw in 2023. Market bottomed out in January but the real push happened in October 2024. The next 2 years are going to be golden for us. Combining both these cycles, most of the profits would be reached by October 2025 and some months of highs and lows would follow upto mid 2026. Narratives for Bull Market 🎯 Considering catalysts, the market historically responds to narratives and events. In 2024, trends like Bitcoin ETFs, AI , Layer 1 alternatives, DeFi, and tokenization products have driven the bull run. Make a mixed bag of low risk to high risk in the next couple of months before the halving because the market is going to push crazy after that. 🚀 #Write2Earn #TrendingTopic

4 days ago
MetaversePost
MetaversePost
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In a recent announcement on the X platform, Justin Sun, founder of TRON, articulated the platform’s overarching ambition as a decentralized blockchain protocol: to emerge as the foremost decentralized financial protocol globally. Sun particularly mentioned the important role of decentralization in shaping the future of finance, asserting that a decentralized world necessitates decentralized currency. TRON’s operational integrity is upheld by its developer community, which ensures network functionality through consensus and distributed node agreement. Notably, TRON maintains the autonomy of developers, endorsing their freedom to innovate within the TRON network framework. “TRON is a decentralized blockchain protocol, similar to Bitcoin and Ethereum. The community of developers for TRON maintains the network’s normal operations through consensus and distributed node consensus,” Justin Sun said on X. TRON is a decentralized blockchain protocol, similar to Bitcoin and Ethereum. The community of developers for TRON maintains the network's normal operations through consensus and distributed node consensus. — H.E. Justin Sun 孙宇晨 (@justinsuntron) February 21, 2024 Presently, TRON has a user base exceeding 210 million, with transaction volumes surpassing 7.16 billion and a total lock-up volume (TVL) exceeding US$22.5 billion. Significant attention should be given to the prevalence of TRON’s version of the USDT stablecoin, which has surpassed the circulation of its Ethereum counterpart since April 2021. In the landscape of decentralized blockchain protocols, TRON stands alongside titans like Bitcoin and Ethereum. The backbone of TRON’s functionality lies in its developer community, diligently ensuring the network’s stability through consensus and distributed node agreement. At its core, TRON aims for a future where decentralization reigns supreme, recognizing that in a world increasingly shaped by decentralized principles, the need for decentralized currency is paramount. TRON Unveils Bitcoin Layer 2 Solution Recently, Justin Sun’s crypto network TRON announced a significant development today with the launch of its Bitcoin Layer 2 solution and accompanying roadmap, with an aim to enhance the interoperability and utility of blockchain technologies. Soon after the announcement, the TRONIX (TRX) token’s price saw over 1.9% jump and is currently trading at $0.131 (at the time of writing). According to the announcement, the Bitcoin Layer 2 solution aims to decentralize and intertwine various token types within the TRON network with the Bitcoin network and its constructed Layer 2s, such as the Bitcoin Ordinals. This integration is aimed to link TRON directly with Bitcoin, injecting financial vitality into the latter by providing access to over $55 billion in value. As outlined in its strategic roadmap, TRON is set to engage in collaborative efforts with various Bitcoin Layer 2 protocols. Over time, TRON will unveil notable partnerships to foster interoperability and expand access for TRON users. These collaborations will facilitate TRON’s user base to engage in restaking initiatives within prominent Bitcoin Layer 2 networks, ultimately contributing to enhancing and diversifying the Bitcoin Layer 2 ecosystem. The post Justin Sun Reveals TRON’s Ambition, Plans to Lead Decentralized Finance Sector appeared first on Metaverse Post.

4 days ago
Si_Angel
Si_Angel
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Trader Turns $137 Into $176,000 With SORA Token; Here’s How An unidentified cryptocurrency trader managed to turn $137 into over $176,000 by trading the SORA token. At the current exchange rate. According to the cryptocurrency transaction tracker Lookonchain on its X account (formerly Twitter), the trader achieved a total gain of 1,280 times. The investor reportedly spent a total of 0.049 ETH, or $137, to purchase 16 million SORA tokens. They then sold 12.36 million tokens for a total of 36.57 ETH, equivalent to $102,492. Thus, with the remaining 3.64 million SORA tokens worth $74,000, the trader made a total profit of approximately $176,000. Trader Profits 1,280 Times Investing in SORA Token The SORA token, launched shortly after OpenAI's announcement of the innovative Sora model, a sophisticated text-to-video generator capable of producing realistic visual content based on textual prompts, saw an increase in interest and value. Despite being launched after OpenAI's announcement about Artificial Intelligence, the SORA token is not affiliated with the development team. It is not an underlying asset of the AI project. The recent release of OpenAI's Sora model catalyzed a resurgence of interest in AI-related tokens. Following the launch, several AI tokens appreciated in value. The LPT token from the Livepeer project, a decentralized video streaming protocol, surged by 60% after the release. AGIX, the token powering the blockchain-based Artificial Intelligence platform SingularityNET, saw a 30% increase. The trading volumes of these tokens also spiked, stirring excitement in the community. Always do your own research!! #CryptoNews🔒📰🚫 #crypto2024

5 days ago
Binance Announcement
Binance Announcement
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This is a general announcement. Products and services referred to here may not be available in your region. To celebrate the start of the cricket season, Binance is giving away 50,000 FDUSD in token voucher rewards. Selected users who receive communications from Binance will be eligible to participate in this Activity. Unlock your “Cricket Kit” on the activity page now to score rewards this cricket season! Join the Activity Now Activity Period: 2024-02-21 00:00 (UTC) - 2024-03-06 00:00 (UTC) During the Activity Period, all eligible users will receive one of the three cricket-themed icon cards (i.e., Bat, Ball, or Helmet) each time they complete a task below. Users will be able to generate the “Cricket Kit” upon collecting the complete set of three unique icon cards. How to Win Go to the activity page and complete any of the following tasks to collect icon cards during the Activity Period. Each task can be completed multiple times. Complete a trade (buy or sell) of at least 100 USDT equivalent across the qualified spot and margin trading pairs as listed below:BTC: BTC/FDUSD, BTC/USDTBNB: BNB/FDUSD, BNB/USDTETH: ETH/FDUSD, ETH/USDTSOL: SOL/FDUSD, SOL/USDTRefer one friend to Binance using your Standard Referral Link/ID or Lite Referral Link/ID, and ensure that your friend completes account verification during the Activity Period. Generate the “Cricket Kit” on the activity page upon collecting all three unique icon cards. Tip: To complete your collection more quickly, share the icon cards you need on social media, and exchange your extra icon cards with your friends! Rewards Structure: All users who successfully unlock the “Cricket Kit” and complete at least one task during the Activity Period will qualify to receive a share of 50,000 FDUSD in token vouchers, based on the number of icon cards collected by each qualified participant as a proportion of the total number of icon cards collected by all qualified participants.Rewards Calculation: The reward for each qualified participant = (The number of icon cards collected by the user / Total number of icon cards collected by all qualified participants) * 50,000 FDUSD in token voucher rewards.Please note that the reward per qualified participant is capped at 10 FDUSD in token vouchers. Terms & Conditions: This Activity may not be available in your region. Only selected verified users who receive communications from Binance on this promotion, unlock the “Cricket Kit” and complete at least one task during the Activity Period will be qualified to receive rewards.These terms and conditions (“Activity Terms”) govern users’ participation in this Collect & Win Activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.Token voucher rewards will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub.The validity period for token voucher rewards is set at 14 days from the day of distribution. Learn how to redeem a token voucher.Users will only receive rewards if all three (3) unique icon cards are collected to unlock the Cricket Kit. Any other combination will not be eligible for a reward.Users are able to exchange their icon cards with other users without any limits. These exchanges can be completed at any time of the day. Binance does not condone the buying or selling of icon cards amongst users. Any losses incurred from this will not be Binance’s responsibility.The trading volumes generated by sub-account(s) will be synthesized with the master account’s total trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this Activity.Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk account registrations, as well as trades that display attributes of self-dealing or market manipulation.Binance reserves the right of final interpretation of the Activity.

5 days ago
CoinDesk
CoinDesk
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Is crypto back? It seems that every other week there is a headline saying bitcoin {{BTC}} and ether {{ETH}} are trading hands at prices not seen since 2021, when the crypto market was in an upswing. It’s not obvious that the price appreciation is going to stop anytime soon; things feel different this time around. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. The pandemic-era bull market was a period of mass exuberance, hysteria and fun. Everyone from Elon Musk to my mom seemed to be talking about crypto. Celebrities were endorsing meme coins and buying NFTs. Crypto became a cultural touchstone: perhaps the best signifier of an economy going through wild gyrations as the post-pandemic world began to reopen, a weird time dominated by “vibes.” In comparison, the latest market upswing has been quiet. Sure, a few friends have reached out to see if they should buy bitcoin — an anecdotal indicator suggesting increased retail interest. But, by and large, it seems very people have taken notice as crypto prices have ticked up. See also: Bad Vibes from the Word 'Crypto' Have Some Calling for a Rebrand Of course, following the wave of protocol failures and corporate bankruptcies in 2022, starting with the high profile implosion of Terra and culminating in the collapse of FTX, crypto has become toxic to talk about. The same level of enthusiasm and lightheartedness is hard to regain while still living through the hangover. There are a number of indicators besides price action that suggest the crypto market rebound has begun in full force. MetaMask, the primary means of accessing the Ethereum network, is nearing an all-time high of monthly active users (30 million); Coinbase, the largest U.S. crypto exchange, posted its first profitable quarter in two years as trading volumes bounce back; and bitcoin search interest is bouncing back (a little), according to Google Trends. A number of factors could be contributing to rising interest. The bitcoin halving, an event that occurs roughly every four years, is always a popular media topic. Meme coins and token airdrops feed the idea that the crypto industry prints people free money. Endorsements from figures like BlackRock CEO Larry Fink and even government bodies, in places like Hong Kong and the United Arab Emirates, foster a sense that crypto is technologically significant. Most notably, the launch of nearly a dozen spot bitcoin exchange-traded funds (ETFs) has gone better than expected, with BlackRock’s ETF already posting the fifth-largest inflows this year and billions of capital flowing into the crypto funds. Moreover, there is a growing sense that the worst may be over for crypto, legally-speaking. Large overhanging concerns have more or less wrapped up, often in crypto’s favor. The Department of Justice settled with Binance, imposing a strict financial penalty, but one the world’s largest exchange appears able to carry. The U.S. Securities Exchange Commission’s hostile attempt to “regulate through enforcement” was dinged after Ripple won a significant legal battle in court, and as the agency faces other uphill battles in court. And the FTX bankruptcy process is winding down, with full restitution expected for all former users. See also: Momentum Building: CoinDesk Indices' Todd Groth Increasingly governments, including in the U.S., appear to want to work with the industry to develop policies that protect consumers without hampering the development of crypto. The European Union passed the significant MiCA ruleset while the U.K., Hong Kong, Nigeria, and others are all vying to become crypto “hubs.” It’s as dangerous as it is stupid for journalists to try to predict the future, especially in an industry as volatile and quickly changing as crypto. There’s no guarantee the bitcoin rally will continue, and there’s always the chance for fortunes to reverse. But there certainly is a growing sense that crypto is on the cusp. A lot of things have changed since 2021, many for the better. If the buzz grows, crypto has the opportunity to do it better this time, leaving behind the shameless celebrity endorsements, wanton financial speculation, pure fraud and waves of rehypothecation and backroom deals that defined crypto’s bad vibes last time to focus on building something more substantial and long-lasting.

5 days ago
Coinpedia
Coinpedia
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The post New ‘Shib Killer’ can reach $0.50, Shiba Inu (SHIB) Whales Dive towards Success appeared first on Coinpedia Fintech News Positioned as a potential ‘SHIB killer,’ Shiba Budz (BUDZ) aims to disrupt the meme coin market and carve out its own niche in the crypto space. In this article, we will explore the unique features and potential of Shiba Budz, comparing it to its rival, Shiba Inu (SHIB), and examine why Shiba Budz has been able to attract the attention of SHIB whales. Furthermore, we will delve into the reasons why Shiba Budz has the potential to reach $0.50 before Shiba Inu (SHIB) and discuss the utility and advantages that set Shiba Budz apart. Shiba Inu (SHIB) vs Shiba Budz (BUDZ) Price Potential When it comes to price potential, Shiba Budz (BUDZ) has the advantage of being a newer token with more room for growth. Shiba Inu (SHIB) has already experienced significant price fluctuations and volatility, while Shiba Budz is still in its early stages. This potential for growth, combined with the utility and real-world applications of Shiba Budz, could contribute to its price reaching $0.50 before Shiba Inu (SHIB). Both Shiba Budz and Shiba Inu have dedicated communities, but Shiba Budz has been able to attract influential investors and establish strategic partnerships. The team behind Shiba Budz has developed a well-defined roadmap, outlining their plans for growth and expansion. This transparency and commitment to delivering on promises have contributed to the growing credibility of Shiba Budz. Shiba Budz Attracts Shiba Inu (SHIB) Whales One of the most intriguing aspects of Shiba Budz (BUDZ) is its ability to attract Shiba Inu (SHIB) whales to its presale. Whales are investors who hold a significant amount of a particular cryptocurrency and can significantly influence its price and market dynamics. The fact that Shiba Budz has been able to attract these influential investors speaks volumes about the potential and credibility of the project. Shiba Budz offers unique features and advantages that have caught the attention of SHIB whales. Firstly, the team behind Shiba Budz has established a strong and transparent roadmap, outlining their vision and plans for the future. This level of transparency and commitment to delivering on promises is crucial in gaining the trust of investors, especially whales who have a significant stake in the market. Additionally, Shiba Budz has positioned itself as a potential ‘SHIB killer’ by offering a more robust and versatile ecosystem. While Shiba Inu (SHIB) gained popularity as a meme coin, Shiba Budz goes beyond being just a meme and focuses on the gaming industry and real-world utility. This differentiation has attracted the attention of SHIB whales who see the potential for long-term growth and value creation. Conclusion Shiba Budz sets itself apart from Shiba Inu by offering a more extensive range of utility and real-world applications. While Shiba Inu gained popularity as a meme coin, Shiba Budz leverages blockchain technology to create an immersive gaming experience and facilitate social trading. The integration of gaming and social trading provides users with tangible value and a unique way to engage with the token. In conclusion, Shiba Budz (BUDZ) has emerged as a potential ‘SHIB killer’ in the meme coin market. With its focus on the gaming industry, robust utility, and dedicated community, Shiba Budz has attracted the attention of SHIB whales and positioned itself as a leading player in the crypto space. The potential for growth and the unique features of Shiba Budz set it apart from its rival, Shiba Inu (SHIB). As the battle between these meme-based cryptocurrencies unfolds, it will be fascinating to see how they shape the future of the crypto market. For more information on the Shiba Budz (BUDZ) Presale:  Presale Website: SHIBA BUDZ (BUDZ) Join and become a BUDZ member:  Telegram: https://t.me/ShibaBudzP2E Twitter: SHIBA BUDZ “$BUDZ” (@ShibaBudz) / X

5 days ago
Crypto Daily™
Crypto Daily™
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While Bitcoin appears to be in a dormant state above $52,000, signaling a possible pullback, the altcoin season is in full swing, which is particularly evident in the volatile realm of meme coins. Unlike previous seasons, where these coins have seen rapid and significant jumps, this time around, their pace is more measured. This slower approach might signal an impending bull run, especially as we approach the Bitcoin halving event, which is now just 8,776 blocks away.  The pre-halving rally is a moment ripe with opportunity, suggesting that now could be the ideal time to invest in top meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), before they potentially skyrocket. DOGE has shown a steady uptrend, with a 6% rise in the past week, though it's still striving to conclude the month on a high note. On the other hand, SHIB, buoyed by the success of its Shibarium project, is building on its February gains with a modest 2.5% increase over the week. Interestingly, over a 90-day period, Shiba Inu (SHIB) has outperformed Dogecoin (DOGE), suggesting a more stable medium-term growth trajectory.  Amidst this landscape, a new player, ScapesMania (MANIA), is also making waves. Although its presale stage has concluded, the crypto community is eagerly anticipating its upcoming Token Generation Event and subsequent listing on decentralized exchanges. 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 <<< Dogecoin (DOGE): Breaking Transaction Records Dogecoin (DOGE) showed signs of a robust recovery from its recent decline, bolstered by a 140% surge in trading volume. The increased trading activity propelled DOGE back into the top 10 cryptocurrencies by market capitalization. Since late January, particularly around January 30, the network has consistently recorded more than 1 million transactions daily, with a peak nearing 2 million transactions. The flurry of activity reported by IntoTheBlock highlighted a significant uptick in Dogecoin's (DOGE) ecosystem, correlating closely with its price movement. Dorecoin (DOGE) Technical Analysis From a technical standpoint, DOGE is currently trading between its first support at $0.0805 and first resistance at $0.0894. Source: TradingView The Exponential Moving Averages (EMA) paint a promising picture, with the 10-day EMA at $0.0871 slightly above the current price, while the 50-day and 200-day EMAs at $0.0848 and $0.0826, respectively, provide a bullish backdrop. The Relative Strength Index (RSI) at 53.27 suggests that Dogecoin (DOGE) is neither overbought nor oversold, offering room for movement in either direction. Additionally, the Stochastic %K at 48.82, alongside a moderate Average Directional Index (ADX) of 30.12 and a Commodity Channel Index (CCI) of 54.1, indicate a potential for momentum build-up. The MACD level at 0.0009 and Momentum at 0.0011 further support the potential for price changes. Dorecoin (DOGE) Price Forecast Looking at potential scenarios, the bullish case for Dogecoin (DOGE) could see it breaking past $0.0894 and aiming for the next resistance levels at $0.0932 and $0.1021, bolstered by factors such as the speculated collaboration with Ferrari and whales' accumulation of millions of DOGE. The Dogecoin Foundation's vision to expand DOGE's utility through the integration with e-commerce platforms like Shopify and other online merchants can also fuel a sustained upward trajectory. On the flip side, a bearish scenario might emerge if DOGE fails to sustain its momentum, potentially leading it to retest its first support level at $0.0805. Further decline could see it approaching the lower support lines at $0.0754 and $0.0665, influenced by market sentiment and broader crypto market trends. Shiba Inu (SHIB): Shibarium's Milestone and NFT Revolution The recent update from the Shibariumscan explorer revealed that Shibarium, the layer-2 blockchain designed for Shiba Inu (SHIB), has achieved two major milestones, signaling a substantial expansion in its utility. This includes setting a new transaction record with over 360 million SHIB transactions, and an impressive surge in daily transactions, reaching three million. Additionally, the Shiba Inu (SHIB) team is innovating with the introduction of Sheboshis NFTs on the new ERC-404 standard, aimed at the female segment of the SHIB community. Upgrades to the Shiba Eternity game and enhancements in play-to-earn features also paint an optimistic picture for Shiba Inu's (SHIB) future. Shiba Inu (SHIB) Technical Analysis From a technical standpoint, SHIB is currently navigating between its first support level at $0.00000928 and the first resistance level at $0.00001012. Source: TradingView The EMAs are showing a convergence, with the 10-day EMA at $0.00000982, 50-day EMA at $0.00000969, and the 200-day EMA at $0.00000946, indicating a potential for price consolidation. The RSI at 55.5 suggests a neutral market sentiment, while the Stochastic %K value at 64.9 points to increasing buying pressure. However, the low ADX of 15.2 implies a lack of strong trend, and the MACD level and Momentum indicators are showing minimal positive divergence, suggesting cautious optimism. Shiba Inu (SHIB) Price Forecast Looking at the potential scenarios, the bullish case for Shiba Inu (SHIB) would involve breaking through $0.00001012 and aiming for the higher resistance levels of $0.00001051 and $0.00001135. This upward movement could be fueled by the increasing utility and transaction volumes on Shibarium, coupled with the anticipated integration of Sheboshis NFTs and enhancements in the Shiba Eternity game. On the flip side, a bearish scenario would see SHIB retracing back to its support levels, particularly if it fails to sustain the current buying momentum. A drop below $0.00000928 could lead to tests of lower supports at $0.00000883 and $0.00000799. Bottomline As the altseason rolls in, Dogecoin (DOGE) and Shiba Inu (SHIB) are standing out with notable developments and promising technical indicators. DOGE, rejuvenated by a surge in trading volume, is oscillating between key support and resistance levels, poised for potential upward momentum. Meanwhile, SHIB, fueled by Shibarium's record-breaking transactions and the launch of Sheboshis NFTs, is also trading between crucial technical markers, hinting at possible price consolidation with a side of cautious optimism. Both Dogecoin (DOGE) and Shiba Inu (SHIB), in the limelight of the pre-halving rally, present intriguing scenarios for investors, balancing on the edge of bullish and bearish trends as they navigate through a market ripe with opportunities and challenges. 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.

5 days ago
Coinpedia
Coinpedia
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The post XRP Price Nears $0.60 as Ripple vs. SEC Lawsuit Enters Critical Phase appeared first on Coinpedia Fintech News As the legal showdown between Ripple vs SEC reaches a critical juncture, the crypto market braces for potential aftershocks. With the lawsuit advancing into the pivotal “remedies” phase, investors and stakeholders eagerly await developments that could shape the future trajectory of the case and influence broader regulatory dynamics. The latest update reveals Ripple’s XRP rose to $0.5741 today, moving closer to its $0.60 target amid growing anticipation of the SEC v. Ripple legal battle. However, the key financial and operational facts stay secret until February 20, 2024, as the litigation progresses. SEC v. Ripple Lawsuit Enters New Phase  Today, February 20th marks the crucial date in the Ripple vs SEC case, with Ripple poised to reveal its financial records and respond to the SEC’s interrogatories. The delay in remedies-related discovery, granted by Magistrate Judge Sarah Netburn, highlights the case’s complexity and the necessity for careful consideration before deciding. On top of that, Ripple’s compliance with the SEC’s demands for detailed financial statements and post-complaint XRP institutional sales contracts represents a significant development in the lawsuit. Ripple initially refused the demands however later agreed to adhere to the court’s order, signaling a willingness to cooperate with legal proceedings. Implications for the Crypto Industry As the case advances into the remedies phase today, both Ripple and the SEC are preparing for forthcoming legal briefs and proceedings in March and April. The court’s ruling on the appropriate penalties and remedies for Ripple’s alleged securities law violations carries far-reaching implications for the crypto industry and regulatory landscape. Blockchain researcher Collin Brown recently updated on the Ripple vs. SEC case, noting the extended deadline for remedies-related discovery has passed. However, he said that access to Ripple’s information awaits the SEC’s brief filing on March 13. Beyond February 20, key dates from March 13 through April 29 mark critical milestones in the lawsuit, with legal experts and stakeholders closely monitoring developments. However, the resolution of the lawsuit remains uncertain, with the potential for appeals and prolonged legal proceedings looming large. Current Market Sentiment’s Today XRP’s price rose 1.51% to $0.5688, with trading volume up by 76.67% to $1.33 billion. Over the past seven days, XRP has surged nearly 8% in price. Despite legal uncertainties, XRP has shown resilience, with increasing prices and trading volumes. Ripple’s call for compliance and transparency amid market volatility highlights its commitment to sailing the unregulated crypto waters. As stakeholders await updates, the Ripple vs. SEC case will shape cryptocurrency regulation, extending beyond the courtroom.

5 days ago
The Cryptonomist
The Cryptonomist
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How are the cryptocurrencies Algorand (ALGO), Dogecoin (DOGE) and Cronos (CRO) performing within the crypto market? Below we see an overview of their prices and the latest news involving them.  Algorand: 250% growth in users  In the last six months, interest in Algorand’s level 1 blockchain has grown significantly, with a 250% increase in network users.  Despite the competition from platforms like Solana and Avalanche, the Algorand network continues to stand out as one of the fastest, with low fees and almost instant transactions. Although Algorand initially struggled to gain ground, on-chain data offers an encouraging perspective for investors.  According to the data from Algonode, an Algorand validator, the number of daily active users has increased by 250%, highlighting an increase in interaction with the network. A more in-depth review of on-chain data also reveals an increase in transactions on the Algorand network. In just the last month, users have completed over 5.6 million transfers involving the native Algorand token (ALGO). Despite the recent peak in user activity, the price of Algorand, after a significant recovery from a low of about $0.089 last September to $0.24 in the early days of 2024, is currently around $0.18.  Investors hope that this growth in user activity can catalyze a positive movement. Some analysts put forward optimistic projections, predicting that Algorand could rise up to $7.5 in the next bullish market of cryptocurrencies. The price of the Dogecoin crypto compared to Algorand and Cronos  The Dogecoin crypto has seen a recovery after last week’s recent decline, highlighted by an increase in trading volume that has surpassed the billion-dollar mark.  This bounce was mainly driven by the actions of large holders known as “whales”. Whale actions fuel the increase in DOGE activity. According to IntoTheBlock, the number of large transactions has seen a significant rise.   In the last 24 hours, there have been 1,112 transactions of this type, indicating a peak of activity among the main actors of the DOGE ecosystem. The trend of large transactions has further intensified in the last seven days, reaching a peak of 1,380 transactions and a minimum of 959.  The volume associated with these transactions is equally remarkable, with a peak of 12.63 billion DOGE (approximately 1.09 billion dollars) recorded in the last 24 hours. During the peak of seven days, the volume further increased, reaching 16.2 billion DOGE (about 1.4 billion dollars).  Even during the seven-day minimum, the volume remained significant, reaching 8.8 billion DOGE (approximately 759 million dollars). The importance of these large transactions goes beyond the overall volume of DOGE trades, also serving as indicators of market sentiment and investor confidence. Currently, DOGE is trading at around $0.08627, marking a 3.05% increase in the last 24 hours, with a market capitalization of 12 billion dollars.  This recent growth of Dogecoin follows the rise of Bitcoin, the world’s largest cryptocurrency, which has been attributed to increased adoption by Bitcoin Exchange Traded Funds (ETFs). Crypto.com launches Prime: all the benefits for Cronos Crypto.com recently launched its innovative program, Prime, designed for high net worth traders. This new program offers several advantages, including a non-guaranteed deposit bonus of 1%, but requires a minimum deposit of 1 million dollars. The native crypto of Crypto.com, Cronos (CRO), has recently recorded a +10% increase, although it is still far from the levels of early December 2023.  The goal of Crypto.com Prime is to recognize and reward high net worth traders, helping to build lasting wealth for future generations. Just one week after the launch of Crypto.com Prime, investor enthusiasm is evident in the cryptocurrency market.  In particular, Cronos (CRO) has experienced a +10% increase, currently worth about $0.09. Despite the recent pump, the crypto has recorded a decrease in volumes of -30% in the last few weeks.  Furthermore, among the latest news from Crypto.com, it is worth mentioning the obtaining of a new license that allows the exchange to operate directly in Dubai as a provider of virtual asset services (VASP). This license represents a significant step forward for Crypto.com, allowing it to expand without having to rely solely on US regulation in the cryptocurrency sector.  In November 2023, after a similar announcement, Cronos (CRO) had recorded a price increase, reaching a peak of $0.12, but subsequently dropped to $0.08.

5 days ago

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