The association’s statutes were signed, marking the formal debut of PRAGMA.

The arrangement seeks to establish a strong ecosystem for Cardano and other blockchains.

The formation of PRAGMA, a new non-profit association committed to supporting open-source blockchain software initiatives, has been announced by the Cardano Foundation. This in conjunction with four more organizations: Blink Labs, dcSpark, Sundae Labs, and TxPipe.

The announcement was made by Renagh Moone, the Global Communications Director, in a post. The association’s statutes were signed, marking the formal debut of PRAGMA. It’s primary focus will be to create an environment where developers can work together and expand upon open-source technology.

Phased Approach

Through supporting a community-driven software development method, the arrangement seeks to establish a strong and long-lasting ecosystem for Cardano and other blockchain networks.

As a first step, PRAGMA will lend a hand to ongoing open-source initiatives on the Cardano platform. And promote the creation of related tools and technologies. A phased approach to the projects will be used to accomplish this.

The Amaru project is where it will all start. This project aims at developing a Rust-based Cardano full node that can fully interoperate with current Haskell nodes. The December 2023 introduction of Cardano’s W3C-compatible Identity Wallet demonstrates the company’s commitment to interoperability.

One such important project is Aiken, a platform for smart contracts that aims to streamline and enhance Cardano smart contract development.

Sources claim that PRAGMA will expand the number of Cardano network developers who may become members in the second phase, which is set to take place in 2025. Creating a welcoming space for people of all backgrounds to work together on software development is essential, as is encouraging more cooperation and creativity.

Highlighted Crypto News Today:

Can Whales Ignite Polygon (MATIC)’S Journey To $1

Cryptocurrency market surges post-Bitcoin Halving: Bitcoin breaks $66,000, setting positive tone.

Binance Coin (BNB) shines: 5% jump in 24 hours, 93.56% YTD growth.

BNB price bullish: Eyes $635 resistance, potential ATH challenge; watch for $569 support.

The cryptocurrency market has witnessed a surge in buying pressure over the past weekend, leading to a significant uptick in price action across the board. Bitcoin, the market leader, has surpassed the $66,000 mark following the highly anticipated Bitcoin Halving event, setting a positive tone for the entire crypto space.

Among the top performers, Binance Coin (BNB) has recorded an impressive 5% jump in just 24 hours and a 4.37% increase over the past seven days. The altcoin’s year-to-date (YTD) performance stands at a remarkable 93.56%, highlighting its strong growth trajectory in the current market climate.

Binance Coin Price Records a Bullish Convergence

After a lackluster performance in 2023, the BNB coin price kicked off 2024 on a bullish note, indicating a growing interest among investors for this promising altcoin. Before facing resistance at its upper level, the Binance coin price surged by over 104%, skyrocketing from $311 to $635 this year alone.

Since then, the price has been trading within a consolidated range between $506.5 and $635. However, the Binance token has displayed a strong bullish reversal in its chart post-Halving, suggesting a high likelihood of a positive outlook for the coin in the near future.

Will BNB Price Reach New Heights?

If the bulls maintain their positive influence on the market, the BNB price is expected to continue its ascent and test the resistance level of $635 by the upcoming weekend. If the price can sustain itself above this level, it will pave the way for the Binance token to challenge its all-time high (ATH) of $690.93 in the coming month.

However, if the BNB token experiences a bearish trend reversal, the price may lose momentum and fall back to test its support level of $569. If the bears continue to dominate the market, the coin could plunge further and prepare to test its lower support levels.

The Thai government will ban any cryptocurrency exchange that does not have the license.

The Thai SEC has asked crypto holders to move their money out of unlicensed exchanges.

In an effort to curb online crimes like money laundering, the Thai government will ban any cryptocurrency exchange that does not have the proper permission to operate within the nation. The Thai SEC will notify the Ministry of Digital Economy and Society of all unauthorized cryptocurrency exchanges in Thailand.

Following the April 19 meeting of the Technology Crime Prevention and Suppression Committee, the directive was announced by Thai SEC Secretary-General Pornanong Budsaratragoon. Both India and the Philippines have lately outlawed any offshore exchanges that do not adhere to their national laws, which prompted Thailand to follow suit and blacklist unlicensed enterprises.

Several Exchanges Under Scrutiny

To lessen the blow to the general populace, the Thai SEC has asked cryptocurrency holders to move their money out of unlicensed exchanges before the ban goes into force.

Prior to investing, potential investors in Thailand are strongly encouraged to use the SEC Check First app to verify that the platforms in question have the necessary licenses. A cursory web search reveals that Binance is still not registered and will have to shut down when the prohibition is enforced.

Moreover, according to data provided by the Thai government, other well-known offshore cryptocurrency exchanges including OKX, Kraken, Coinbase, and KuCoin do not have the necessary licenses to operate in the country.

Proposals to outlaw non-decentralized protocols are being considered by European regulators. The new regulatory framework for digital assets in the region, known as Markets in Crypto-Assets (MiCA), states that the European Commission must assess the decentralized finance (DeFi) market and the possibility of sector-specific regulations by December 30.

Highlighted Crypto News Today:

Binance Coin (BNB) Surges Amidst Bullish Convergence, Eyes New ATH

Chainlink (LINK) emerges as a leader in altcoin recovery post-East Asian crisis, showing signs of a bullish turnaround.

Key support at $13 sparks optimism for a potential rally beyond $20, despite sideways trading and a looming death cross.

Recovery rally boosts LINK price by 18%, aiming to reclaim $20; caution advised for potential reversal risks.

As the cryptocurrency market begins to recover from the bearish impact of the East Asian crisis, altcoins are showing signs of a comeback. Among the coins leading the charge is Chainlink (LINK), whose price action reflects a high potential for a bull run, starting with another bounce back from crucial support levels.

The $13 support level has provided a cushion for a bullish turnaround for the third time, teasing the possibility of a sharper recovery. This development has left investors and traders wondering if this turnaround rally could propel Chainlink’s price beyond the $20 mark.

Chainlink Price Performance: Sideways Struggle and Potential Death Cross

On the daily chart, LINK’s price action has been trading sideways, struggling to sustain bullish momentum. The cryptocurrency has taken multiple dips to the crucial support level of $13, while a potential death cross looms over the chart as the 50-day Exponential Moving Average (EMA) shows a downtick.

The recent 40% dip to the $13 level has pushed LINK below the 200-day EMA. However, the coin has found another boost in bullish momentum, leading to an impressive 18% jump in the last five days.

This recovery rally has resulted in a V-shaped reversal, allowing LINK to reclaim the psychological mark of $15. Currently, the LINK price trades at $15.475 with an intraday move of 2.49%, reflecting an increase in underlying bullishness.

Will Price Cross $20? 

As the market recovers and the recovery rally gains momentum, the LINK price presents an opportunity for investors to buy the dip. If Chainlink’s price trend maintains a positive trajectory, the altcoin could surpass the $20 mark, with some optimistic projections even suggesting a potential rise to the $30 level.

However, investors should also be aware of the potential risks. A reversal from the $16 level could lead to another drop to the $13 mark. Furthermore, a drop below $13 could prove fatal for Chainlink, potentially leading to a 30% decline to $8.50.

Camana Bay, Cayman Islands, April 22nd, 2024, Chainwire

The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes the community in the future. 

$KARRAT is the governance token of the KARRAT Protocol. Using $KARRAT, the community will determine how the KARRAT Protocol is integrated into games and products, empowering the community of players and consumers, much more than traditional entertainment titles have.

My Pet Hooligan is the first gaming title to integrate the KARRAT Protocol and $KARRAT

My Pet Hooligan is the first launch title for the KARRAT Protocol. The flagship IP of AMGI Studios. The My Pet Hooligan game features cutting-edge motion capture tech, AI-driven conversational non-playing characters, real-time face-driven animation in the game, and, using the KARRAT Protocol, allows players to embody an NFT in-game. My Pet Hooligan won Best Action Game at the GAM3S.GG awards in December 2023.

$KARRAT empowers community decision-making over the KARRAT Protocol.

Central to the ethos of the KARRAT Protocol is the concept of empowered community decision-making. Traditional gaming and entertainment industries have long operated within closed-off silos, leaving communities without a voice in crucial decisions. KARRAT shatters this paradigm, with cutting-edge, on-chain governance.

With KARRAT Protocol, the community takes center stage, with a governance model that fosters inclusivity, transparency, and active participation powered by $KARRAT.

Airdrop Claim for My Pet Hooligan NFT Holders.

Holders of My Pet Hooligan NFTs are eligible for a $KARRAT claim. Claims can be made on the KARRAT website.

$KARRAT is now available on Coinbase, Gate and KuCoin.

About KARRAT FOUNDATION

The KARRAT Protocol is a decentralized gaming infrastructure layer, supported by $KARRAT and empowered by a truly decentralized community with a shared vision embracing gaming, entertainment and AI products catering for the new era.

About AMGI Studios

AMGI Studios is an independent gaming and animation technology company that lives at the intersection of gaming, animated AI technology and storytelling. The studio develops and produces traditional entertainment IP, and gaming properties through the use of its proprietary technology, AI integration and innovations in real-time animation. With a high-caliber creative team composed of artists and creators from studios such as Pixar, Disney and Industrial Light & Magic (ILM), AMGI Studios aims to be the bridge between Hollywood and the global gaming community. AMGI’s vision is simple — to empower dreamers and doers to make groundbreaking content by merging artistry and technology.

Contact

DirectorMatt ShawKarrat Foundationtyler@karratcoin.com

An integration between Layer 1 blockchain Cronos and Galxe, a community-building platform, has been revealed. Users who complete activities will get rewards totaling $35K as part of Cronos’ Spring Odyssey campaign.Following the completion of full Galxe integration, Cronos is hosting its maiden campaign, Cronos Spring Odyssey. Thirty projects including DeFi, NFTs, memecoins, and gaming have registered for this initiative. Veno, Orby, Croskulls, CorgiAI, and Bore Candy are among the Cronos-based projects on the list.To participate, users must complete a set of pre-established on-chain and social activities in order to receive rewards like tokens and NFTs. The six-week campaign will begin on April 22 and continue until May 31.The first application to be released on the Galxe platform after its integration with Cronos is Cronos Spring Odyssey. The initiative encourages users to participate in a variety of blockchain projects that cover the four main web3 themes: gaming, NFTs, DeFi, and Memecoins. Every 10 days, a new theme will be introduced, pushing players to conclude activities like lending, borrowing, staking, and swapping.Participants who complete the tasks associated with each themed week will have the chance to receive unique NFTs in addition to token rewards. The purpose of this dual reward system is to improve user experience across the Cronos network and encourage active involvement. The campaign will promote the many projects and use cases that users may experience on Cronos by gamifying their engagement with the platform’s dapps.Galxe is the leading platform available for establishing web3 communities. Galxe’s reward-based loyalty programs, with over 14 million unique users, have fueled the expansion of numerous blockchains and over 4,600 partners. Cronos Spring Odyssey aims to raise awareness of the Cronos blockchain and inform users about the ways in which it may be used for DeFi, gaming, NFTs, and memecoin interactions.Visit this link to learn more about the initiative and participate: https://app.galxe.com/quest/cronos

While digital currency and blockchain adoption is steadily growing globally, education in this sector continues to be a crucial factor. In a new collaboration aimed at the intersection of education, blockchain, and environmental sustainability, STASIS, a pioneering force in the digital assets sector, has officially announced its partnership with Circularity Finance. This innovative alliance aims to leverage the burgeoning Learn to Earn (L2E) model, offering a novel approach to fostering knowledge and action in the sphere of environmental sustainability.

Empowering Through Education: The Heart of L2E

At the core of this partnership is the L2E model, a concept that merges the realms of learning and financial incentives. By participating in educational programs, users can earn digital assets or tokens, which not only reward their engagement and learning but also testament to their commitment to environmental sustainability. This model is especially pertinent in today’s rapidly evolving digital landscape, where the need for continuous learning is more pronounced than ever.

Revenue in the education market is projected to reach $185.20 BN in 2024 and is expected to show an annual growth rate (CAGR 2024-2029) of 8.56%, resulting in a projected market volume of $279.30bn by 2029! 

The integration of L2E models into sustainability education is poised to capture a significant share of this burgeoning market. Studies show that education models can boost user engagement significantly compared to traditional learning methods. This heightened engagement is crucial for topics like sustainability, where behavior change is a primary goal. The L2E model’s incorporation of economic rewards for learning is a powerful motivator for users to engage with and apply sustainable practices.

STASIS and Circularity Finance: A Vision for a Greener Future

STASIS is a European Web3 fintech company that develops customer-friendly instruments to manage digital currencies and public blockchains for payments and settlements, e-commerce, and DeFi. The firm issues and manages EURS, the oldest, largest and legal stablecoin, accessible in 175 countries. Issued since 2018, STASIS EURO has zero conflict of interest and is audited by a top global firm – the BDO. All EURS assets are backed on a 1:1 basis with liquid euro balances or cash, and reserves are held at the Lithuanian Central Bank. With over 6B euros transferred on-chain, EURS supports 6 blockchains and we’re on a mission to add more. 

Renowned for its stablecoin solutions and commitment to transparency, STASIS brings a wealth of expertise in digital assets and blockchain technology to the table. Circularity Finance, on the other hand, is at the forefront of financing circular economy initiatives, focusing on sustainable and regenerative practices that aim to minimize waste and maximize resource efficiency.

Circularity Finance (CIFI) is a project that intersects decentralized finance (DeFi) and sustainable development through the innovative use of blockchain technology. This platform has developed a unique ecosystem centered around two utility tokens, CIFI and REFI, aiming to redefine the structure of DeFi with a strong emphasis on sustainability and accessibility.

Circularity Finance isn’t only about sustainability and accessibility but also about education to help those who want to start building their vision, their vision straight into reality. Operating as a DAO within the Circularity Finance ecosystem, it beckons projects with the promise of incubation support, networking connections, and the elusive “much more.” 

Together, these companies are embarking on a mission to educate the public about the critical importance of environmental sustainability and the circular economy. By doing so, they are not just spreading knowledge but are actively incentivizing individuals to engage with and contribute to sustainable practices.

Decoding The New Partnership

The emergence of blockchain technology has presented an unprecedented opportunity for innovation, transparency, and decentralization.  Circularity Finance has been at the forefront of this transformation, pioneering solutions that leverage the intrinsic benefits of blockchain to address long-standing challenges within the global economic landscape. The platform represents a step toward the future of Regenerative Finance, revolutionizing decentralized finance by integrating the latest DLT to improve security & capital management. Circularity Finance offers a suite of tools for community empowerment, including custom tokens, NFT collections, airdrops, and staking opportunities. The platform also tackles issues like impermanent loss and supports secure cross-blockchain operations with its Fully Homomorphic Encrypted Bridges. Additionally, the platform aids decentralized venture capital efforts and provides an auto-listing platform to support emerging projects, aiming to make finance more inclusive and diversified.

Circularity Finance is building on the XDC Network, a top-tier platform for asset tokenization, offering tools to create security tokens that link to both real and virtual assets while ensuring legal compliance. The network supports a wide array of services, including NFTs, fractional assets, and DeFi protocols, which serve diverse needs. Powered by the EVM Network, it manages over 2,000 transactions per second cost-effectively, marking it as a reliable tokenization solution.

Additionally, the XDC Network significantly impacts trade finance by bridging a $2.5 trillion funding gap. Supported by 108 Master nodes, it ensures swift and secure transactions. Its commitment to sustainability is evident in its energy-efficient consensus mechanism, positioning the XDC Network as a crucial link between digital and physical assets in a sustainable, accessible tokenization platform.

How the L2E Model Works

Participants will have access to a range of educational content, from basic concepts of sustainability and circular economy principles to more advanced topics related to blockchain’s role in promoting environmental initiatives. Through a user-friendly platform, learners can progress at their own pace, earning rewards as they achieve educational milestones.

These rewards, potentially in the form of EURS tokens, can then be used within the ecosystem to support environmental projects, purchase sustainable goods, or even be exchanged into other currencies, providing a tangible value to the learner’s journey.

The Broader Impact

The partnership between STASIS and Circularity Finance transcends the immediate benefits of the L2E model, representing a significant step towards integrating blockchain technology with sustainable development goals. By incentivizing learning about environmental sustainability, the initiative not only aims to educate but also to foster a community of informed, engaged, and motivated individuals who are ready to make a difference in the world.

Moreover, this model offers a replicable framework that could be adopted across various sectors and disciplines, illustrating the potential for blockchain and digital assets to contribute positively to societal challenges.

The collaboration between STASIS and Circularity Finance marks a pivotal moment in the journey towards a more sustainable and knowledgeable future. Through the innovative application of the Learn to Earn model, this partnership highlights the transformative potential of blockchain technology in addressing environmental issues and sets a precedent for the role of digital finance in promoting global education and sustainability. As this initiative unfolds, it will undoubtedly pave the way for more integrated, informed, and sustainable practices across industries and communities worldwide.

Another objective is to implement the possibility of nonprofits accepting donations in EURS. This approach could provide a new avenue for funding and financial transactions in the nonprofit sector, leveraging the stability of a digital currency tied to the Euro. Embracing this digital currency could offer a stable and innovative way to enhance funding for nonprofits. 

About Circularity Finance:

Circularity Finance is revolutionizing decentralized finance by integrating advanced Distributed Ledger Technology (DLT) to enhance security and capital management. It empowers communities with tools for creating custom tokens, NFT collections, airdrops, and staking opportunities, focusing on self-custody and smart contract automation. The platform offers solutions for impermanent loss protection, features Fully Homomorphic Encrypted Bridges for secure blockchain communication, and supports decentralized venture capital through the Interlock Ledger Platform. Additionally, it facilitates an auto-listing platform for broader project funding access, positioning itself as a leader in regenerative finance.

For more information, please visit:

Website

Twitter

Telegram

YouTube

Linkedin

About STASIS/EURS

STASIS is a European fintech firm that serves as a conduit between traditional financial services and emerging Web 3.0 technologies.  The EURS Network, powered by EURS, is an integrated ecosystem encompassing various crypto exchanges, financial services and platforms, and digital wallets. This hub is designed to provide users with a comprehensive suite of tools for managing and transacting in the EURS stablecoin. This integrated environment aims to enhance the practicality and usability of the EURS stablecoin for various financial transactions.

To learn more about Stasis and EURS, check out the links below:

Website

X

LinkedIn

Discord

Telegram

Medium

Assuming these wallets really do belong to Sun, his total ETH holdings would be 295,757.

Importantly, beginning on March 31, this wallet sent Binance 787,000,000 USDT.

Recent events have sparked speculation over whether renowned crypto figure Justin Sun has purchased a large quantity of Ethereum (ETH). Assuming this is accurate, it may give the Ethereum price an additional push beyond $3,500 and beyond.

An on-chain data provider Lookonchain has uncovered some interesting activity in whale wallets that are suspected to be linked to Sun. An alleged Sun wallet has allegedly accumulated 127,388 ETH, or $405.19 million, since April 8.

Substantial ETH Accumulation

Importantly, beginning on March 31, this wallet sent Binance 787,000,000 USDT on the Tron network. Also, on that day, an unidentified wallet appeared on the Ethereum network and withdrew stablecoins worth $96.8 million from Binance.

Interestingly, this wallet started buying Ethereum (ETH) via decentralized exchanges like Binance, and it now possesses 127,388 ETH worth $405.19 million (at an average price of $3,172).

There was a wallet associated with Sun that bought 168,369 ETH worth $487 million between February 12 and 24, and these acts are a carbon copy of those. Assuming these wallets really do belong to Sun, his total Ethereum holdings would be 295,757 ETH, or $891 million. He bought these tokens from Binance and other decentralized exchanges for an average of $3,014 since February 12.

At the time of writing, ETH is trading at $3203, up 0.90% in the last 24 hours as per data from CoinMarketCap. Moreover, the trading volume is up 5.73%. Significant amounts of money—a total of $226 million—left the Bitcoin and Ethereum markets last week. This pattern was most noticeable in Bitcoin, which witnessed outflows of $192 million and Ethereum, which witnessed outflows of $34 million for the sixth week in a row.

Highlighted Crypto News Today:

Chainlink (LINK) Rides Bullish Wave Amid Market Uncertainty

Willemstad, Curaçao, April 22nd, 2024, Chainwire

BC.GAME® is thrilled to announce the acquisition of a new gaming license, fully compliant with Curacao’s National Ordinance for Games of Chance (LOK) regulatory framework. This achievement reaffirms BC.GAME’s unwavering commitment to providing a secure and legally compliant gambling environment for its global user base.

Jack Dorsey, the CEO of BC.GAME, said: “We are immensely grateful for Curacao’s robust regulatory framework, which has been pivotal in the gambling industry. Obtaining this license is a vital milestone in BC.GAME’s ongoing development and our commitment to providing a trustworthy and secure gambling experience.”

The introduction of the LOK legislation, designed to replace the previous National Ordinance on Offshore Games of Hazard (NOOGH) framework, has set a new precedent in the gambling license domain. Under the NOOGH regime, BC.GAME is operated under a sub-license issued by Curacao Interactive Licensing NV (CIL). The new LOK framework, however, brings about significant changes, including the discontinuation of new sub-license issuance and stringent requirements for existing licensees seeking renewal.

Curacao was one of the pioneering nations in establishing regulations for gaming activities. Consequently, this small Caribbean island nation has become a hub for gaming businesses worldwide aiming to adhere to the country’s comprehensive gaming legal framework. BC.GAME has set up a local office to ensure compliance with regulations and to offer support to fulfill the requirements of the local gaming ecosystem.

Acquisition of the license, specifically designed for LOK services, coincides with BC.GAME’s efforts to enhance user trust, forge new partnerships, and broaden the accessibility of its comprehensive gaming services. Obtaining licenses and ensuring compliance are crucial steps in solidifying BC.GAME’s position as a dependable and well-regulated global online gaming platform.

Through this new license, BC.Game has seven years of experience in the online gaming sector, creating various popular and original games. “Curacao is an essential first step in our broader global strategy. As we continue to accelerate our expansion, expect more exciting developments and good news in the near future.” said Jack Dorsey.

About BC.GAME

BC.GAME® is an innovative online casino platform continually redefining industry standards. Committed to providing innovative solutions, BC.GAME creates a secure, fair, and professional service environment. Utilizing cutting-edge blockchain technology, BC.GAME ensures the highest standards of security and fairness for its users.

Contact

PR ManagerOlivia DixonBC.GAMEoliviadi@bcgame.com

Grand Cayman, Cayman Islands, April 22nd, 2024, Chainwire

Alibaba Cloud, AngelHack and dWallet are among the latest supporters for the global event.

Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, has seen funding for Sui Overflow, the first-ever global virtual hackathon focused on creating exciting products on Sui, double in recent weeks with enthusiastic supporters contributing funds. 

Initially set at $500k, after a groundswell of support from external backers, Sui Overflow’s funding pool has ballooned to $1,000,000. The sizable rewards pool is drawing builders from around the world to build projects on the Sui network and demo them to a panel of judges. Among the categories eligible for prizes are Consumer & Mobile, Infrastructure & Tooling, Gaming, and DeFi. Developers will also be encouraged to leverage specific technologies from the Sui ecosystem such as zkLogin, Advanced Move Features, Randomness, and Multi-chain capabilities.

Sam Blackshear, Co-founder/CTO of Mysten Labs and creator of the Move smart contract language, said, “Sui Overflow offers both new and experienced developers a chance to show off their Move skills and experiment with powerful Sui primitives like zkLogin, sponsored transactions, kiosk, DeepBook, and native randomness. Some of Sui’s top projects were born in previous local hackathons, so I am genuinely excited to see what the first global hackathon will produce.”

Past Sui-sponsored hackathons have been fertile ground for projects that began as hackathon entries but subsequently grew into sustained businesses on the network. Scallop began at Sui’s Seoul Builder House in June 2023 with a small team of developers that garnered first prize at the event. Today, Scallop has $117M in TVL and is one of the preeminent DeFi protocols on Sui. Navi Protocol is another of Sui’s “Hackathon Heroes.” A month after Scallop, the Navi team emerged, winning gold in the DeFi and Payments category at the Sui X KuCoin hackathon. Navi now has over $130M in TVL and is another leading DeFi protocol on Sui. 

In addition to support from title sponsor dWallet Labs, the hackathon will be sponsored by Elixir Capital, Alibaba Cloud, Comma3 Ventures, MoveBit, Scallop, GSR, Supra, Wormhole, AngelHack, Pyth, Ryze Labs and ZettaBlock. The awards presented in Sui’s hackathon for every category are as follows: $30,000 for first place, $15,000 for second, and $7,500 prizes each for two additional runner-ups. 10 $2,500 University Awards and 10 $2,500 Community Favorite Awards will also be awarded during the hackathon. Moreover, contestants are not limited to a single category. Individual teams can participate simultaneously in multiple tracks, stacking awards in excess of $100,000. Additionally a number of projects in the Sui ecosystem are offering their own separate bounties, adding even more ways for great projects and great teams to benefit.

With the doubling of funding to $1 million, Sui Overflow participants will now be eligible to receive accelerated Sui Foundation Grant Funding along with other benefits including audits and credits to support the successful launch of their projects after the hackathon is completed.

“The homegrown projects that spring from developer meetups and hackathons like Sui Overflow are an essential part of the lifeblood that will sustain the Sui ecosystem into the future,” said Greg Siourounis, Managing Director of the Sui Foundation. “The impact of Overflow has been strengthened substantially by the overwhelming support from the Sui community, which has enabled us to expand the potential rewards beyond our planned tracks to benefit the most promising projects with prudent funding, audit credits and selected accelerated grants.”

“Sui Overflow is more than an event; it’s the starting point for our brightest future blockchain innovators,” said Omer Sadika, Co-Founder of dWallet Network. “We are excited and honored to work together with all of the partners involved and look forward to the results that will come out of this hackathon.”

Users can apply, developers can register on the Sui Overflow portal and find all the further information. For regular updates, everyone is encouraged to join the Overflow Discord Server.

Registration Period: April 21 – May 31

Virtual Demo Day: June 15; 

Announcement of winners: Late June 2024

Contact

Sui Foundationmedia@sui.io

As TOKEN2049 commenced in Dubai on April 18th, the digital landscape witnessed another significant event in the realm of Web3 technology. AIRDROP2049 was officially launched at 20:49 Standard Time (GMT+1) on the same day, signaling the start of an immersive online journey for users worldwide.

AIRDROP2049, an initiative spearheaded by the renowned social platforms UXLINK in collaboration with OKX Ventures, Web3port, and Trusta Labs, has been launched with a spectacular display of cooperation involving more than 50 leading Web3 projects. This event presents an opportunity for participants to receive rewards amounting to $100,000 USDT in addition to tokens valued at $100,000 USD, with the goal of involving over 1 million users and fostering dynamic interactions within the Web3 community.

According to the insights from the person in charge of several participating projects, AIRDROP2049’s mechanism is indeed highly appealing. By participating just once, users gain access to a diverse range of benefits from 50 reputable Web3 projects. These benefits include standard task airdrops, invitation rewards, and ranking rewards, with additional subtask incentives tailored to specific projects. Moreover, this event is backed by the UXLINK RWS protocol, operating at both the Social Graph and data levels, and nurtured by the supportive UXLINK community.

Participating projects span a wide spectrum of sectors including the BTC ecosystem, AI, DeFi, GameFi, Infrastructure, and SocialFi. The project names including but not limited to:

BTC ecosystem: B² Network, Satoshi Protocol, Tuna Chain, Master Protocol, Bitlayer, BVM, Hiveswap, Merlinswap, Avalon Finance, Babylon.

AI: ALIENX, CharacterX, Alaya, LayerNet, EdgeMatrix Computing, Solidus Ai Tech, SOAI_web3, Eternal AI, Pond.

DeFi: TonUP, Premius Market, PixelSwap, Nektar Network, Bevmswap, Mushroom Finance, DEGO Finance, SynFutures, Puffer Finance.

Infrastructure: ZKFair, 0xScope, OKX Ventures, UXLINK, Airdrop2049, Xircus, AgentLayer,  Wormhole.

GameFi: The Animal Age, RobinFi, WowFish, Taki Games, NexGami, Space Nation, Cellula, Xterio, Ultiverse, Fusionist, Marblex.

SocialFi: De.Fi, LFG!, LightCycle, Cryfi, SoMon, Web3Port.

Furthermore, AIRDROP2049 aims to foster collaboration and innovation within a diversified ecosystem. This collaborative spirit is further amplified by the inclusive nature of the UXLINK community, which values transparency, openness, and shared growth.

AIRDROP2049 symbolizes more than just a single event, it marks a pivotal moment in the continuous advancement of Web3 technology. 

Join now to seize the opportunity to access exclusive airdrops from over 50 leading crypto projects. Visit https://airdrop2049.io to participate.

About AIRDROP2049:

AIRDROP2049 is a Dapp which is designed for linking leading crypto projects and users, aiming to be the key player of Web3 mass adoptions. It is incubated by the UXLINK community as part of UXLINK social ecosystem.

About UXLINK:

UXLINK is an innovative web3 social platform designed for mass adoption, aiming to be the largest web3 social network and social infrastructure for Dapps and developers. In contrast to most web3 social projects that often form following/one-way relationships, UXLINK focuses on real-world social/two-ways relationship and enables real-time interactions between users with users, Dapps with users by innovative Groups tools and protocols.

Contact Details:

AIRDROP2049 Web 

AIRDDROP2049 Twitter 

UXLINK Web

UXLINK Twitter 

UXLINK Telegram

Contact Information:

UXLINK

admin@uxlink.io

A number of non-U.S. strategic partners in venture capital have contributed $12 million to Shiba Inu, an interconnected ecosystem of digital assets and solutions built on the Ethereum blockchain that includes the well-known global cryptocurrency $SHIB . These partners include Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, Comma 3 Ventures, DWF Ventures, and Spirit Dao. With a $12 million purchase of the unreleased $TREAT utility and governance token—Shiba Inu’s final non-stable token—this group of investors has made an investment in the Shiba Inu Ecosystem.The last unreleased token from the well-known meme brand, $TREAT, is what will allow users to access Shiba Inu’s recently revealed blockchain, which features Fully Homomorphic Encryption (FHE). The FHE technology from Zama.ai, a partner, is used by the new chain. The goal of this new encryption chain is to address a number of crypto-related issues, such as privacy and trust for the billions of people who are interested in cryptocurrency as well as the vast community of tens of millions of Shiba Inu.

Shiba Inu’s Lead Developer known as Shytoshi Kusama stated:

“Shiba Inu started from the vision of our founder Ryoshi and we’ve been so thankful to the community. Together, we have changed the face of crypto as we’ve worked towards that vision. We’ve crushed expectations by creating a full-fledged ecosystem with a core technology stack that no one else has, alongside community, games, AI, metaverse, DeFi, self-sovereign identity, and encryption. We are excited to gain the support of such powerful VCs, angel investors, and brands as we plow towards the completion of this grand decentralized experiment. Through the involvement of these venture capital firms and their strategic partners, we are expanding not only our network of trusted partners, but also exponentially increasing what Shiba Inu can truly be capable of for our community, The ShibArmy.”

Through The Shiba Inu Mint S.A., a Panamanian organization, Shiba Inu will utilize the funds to develop its own blockchain with FHE, making sure Shibarium takes the lead in memes globally, and increase security and regulatory compliance. With partnerships like D3 to obtain a .shib top-level domain, charitable partnerships with organizations like the Manny Pacquiao Foundation, and memberships in groups like CDSA (Content Delivery & Security Association), the global association of security executives across Media & Entertainment, Shiba Inu is continuing to improve its stack while making its technology more usable and portable than ever.

Chainlink (LINK) has surged, surpassing the $15 resistance level and indicating a bullish trend.

Despite the surge, there’s a notable distribution from its peak of $22, which declined over 35% in the last 30 days.

In a recent surge, Chainlink’s (LINK) price has showcased upward momentum, outpacing even the bullish momentum of Bitcoin following its halving event. This surge, propelling LINK up by 20%, has seen it surpass the significant resistance level of $15, firmly positioning itself above key moving averages and signaling a bullish trend.

Despite this upward momentum, recent price action reflects a noticeable distribution from its peak of $22, resulting in a decline of over 35% in the last 30 trading sessions. However, amidst this volatility, LINK has displayed multiple upward candlesticks this week, hinting at a potential reversal in its trajectory.

Currently priced at $15.53, with a daily gain of 4.98%, LINK appears to hover in a state of neutrality on the charts. Its monthly return ratio stands at a challenging -23.87%, yet it boasts an impressive yearly gain of +117%.

Will Chainlink (LINK) Continued Surge?

Notably, in the past two days, the profitable supply of LINK has surged by 13%, reaching 84% at the time of writing, adding a layer of complexity to its market dynamics.

Analysts, adopting a neutral stance, anticipate LINK to encounter continued selling pressure, potentially prolonging its underperformance. To regain bullish momentum, the Chainlink must surpass the immediate resistance of $18.

A breakthrough above the resistance level of $20 could pave the way for a recovery. The next critical resistance lies at $23.5, with LINK’s price trajectory poised to reach $25 thereafter.

If LINK fails to breach the $18 mark and subsequently flips it into support, the altcoin could invalidate the prevailing bearish sentiment and rally towards $13, altering the course of its trajectory.

This number has dropped somewhat from its highest point earlier this year.

Additionally, the Bitcoin MVRV ratio suggests that now is a great time to purchase.

Following last week’s selling pressure, Bitcoin (BTC) mounted a robust comeback over the past weekend, rising as high as $66,000. Evidently, experts are keeping an eye on Bitcoin to see whether it will soon experience strong momentum in one way or the other. There is considerable upward pressure from here as a significant portion of Bitcoin’s supply is still profitable.

According to recent on-chain statistics, 88.8% of the Bitcoin supply is now profitable. This number has dropped somewhat from its highest point earlier this year, but it is still pretty high.

Potential Upswing Likely

Since Bitcoin’s price peaked at $44,000 on February 7th, 2024, this proportion has never been this high. The market needs to calm off for a while, but analysts are keeping a careful eye on Bitcoin to see whether it can maintain its momentum.

If Bitcoin were to suddenly jump to $75,000 from its present position, according to certain market experts like Nebraskagooner, it may signal that the market has hit rock bottom. If the price drops below $58,000, however, it might mean that we haven’t seen the bottom.

Additionally, the Bitcoin MVRV ratio suggests that now is a great time to purchase. If the Bitcoin MVRV Ratio falls below its 90-day average since November 2022, as crypto expert Ali Martinez claims it will, it indicates a great opportunity to purchase Bitcoin, with a 67% average gain in the past. The reemergence of this pattern suggests that now could be a good time to buy bitcoin.

At the time of writing, Bitcoin is trading at $65,966, up 1.62% in the last 24 hours as per data from CoinMarketCap. 

Highlighted Crypto News Today:

Grayscale Bitcoin Mini Trust ETF to Offer Lucrative Market Fee at 0.15%

The BEFE meme coin is about to grow your investment portfolio by more than 10x. Maximizing your crypto investment shouldn’t be about investing blindly. identifying a crypto asset with a potential to grow exponentially high could be your ticket to financial freedom. And with the current growth rate of this meme coin community, your investment is about to become a lot more profitable.

Is BEFE on your watchlist? Do you already have it in your portfolio? Are you planning to invest in the coin? If for any reason your answer is no to the questions, then you seriously need to read this till the end. 

To get you familiar with the BEFE coin, let’s talk about some of the main elements in the meme coin that are creating a big win for investors.

BEFE: Maintaining a Consistent Price Surge with Community Engagement

Unlike other meme coins, BEFE has an impressively growing community that has been pushing the price up for many weeks since its launch. The BEFE community has been growing at an incredible rate through various social platforms, causing an increasing number of investors to join the BEFE network. You can only get one thing when a meme coin keeps getting hype and speculative promotions across social media; a price surge!

The price of BEFE has been doing a percentage increase beyond 65% for some weeks now. This price surge is not without the influence of new investors joining the BEFE community lately. If you are not one of the new investors, you might be missing out on a lot more than you know right now.

Increasing Adoption through Exchange Listing

Many crypto traders and newbies love meme coins for their fun approach as a crypto asset. But, as many can only appreciate this fun approach as those who know about the meme coin. Currently, BEFE is listed across reputable exchange listings such as Pancakeswap and Uniswap. These exchange platforms have a high number of crypto users making it a great platform for BEFE to reach millions of users.

As more people get to discover BEFE, we begin to see a huge rise in the price which means more profit for the investors. Maximizing your profit with BEFE is just as simple as taking profit and reinvesting. With the BEFE rising price momentum, more investors are getting to see the opportunity hidden in BEFE; you should too!

Take your investment to the next level. Follow the BEFE website to start today.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The most anticipated event in crypto history finally happened. This is the top crypto asset, Bitcoin’s halving. Following the halving, investors are anticipating massive growth in the crypto market. One of which is the budding rise of Bitgert (BRISE).

With its promising features, this coin has caught the attention of investors, crypto maniacs and even entrepreneurs. With its massive growth, the Bitgert coin is changing narratives in the ecosystem.

Let’s have a look into why Bitgert is the next big thing.

Bitgert (BRISE ) Say Bye to Gas Fees.

Ever since its launch in July 2021, the Butgert coin has been on a bullish upward trend. It has surpassed expectations beyond measure and even solved the ongoing problem around crypto transactions, speed and gas fees. With its adoption, Bitgert BRISE has completely outclassed its competitors, Solana and Ethereum. This earned its name “The Solana Killer”.

This crypto project uses a Proof of Authority mechanism (POA), which makes slow speeds a thing of the past. Bitgert processes over a 100,000 transaction speed per second (TPS) at near zero gas fees, making it one of the top crypto assets in the market. 

Bitgert (BRISE) uses blockchain technology to allow accessibility and usability for its users. For instance, the Bitgert blockchain is in sync with the EVM feature, allowing decentralized applications (dApps)  to be integrated from other blockchains.

With the just concluded halving event, there have been recordings of massive growth and trading volume lodged by the Bitgert coin. This is driving demand from investors and crypto maniacs.

Bitgert (BRISE) Rise Defying Market Trends

The Bitgert token BRISE coin has seen tremendous growth pre- and post-halving. With a 40,000% jump during its launch in Jan 2024, this coin has yet to show any signs of declining. During the market correction, unlike other crypto assets, the Bitgert coin was still able to make investors profits. The token got a 70% increase in its price.

The market analysis and technical indicators have all been positive, indicating a strong signal but with the coin. Bitgert chain cleverly adopts a deflationary mechanism where 12% of each transaction is burnt. This has reduced the supply and increased the demand for the coin.

Bitgert coin BRISE is now being traded at 0.0000002368 and its cap exceeds $83,000,000. It has also been listed with top exchanges and partnered with major players in the fintech industry. 

The BRISE coin has the potential to turn investors to overnight millionaires, asides its adoption and partnerships, this project has been able to deliver real world utility and solve problems of scalability using eco friendly and sustainable solutions.

The market is going on the biggest bull run yet in this post halving and bitgert is one of the top coins that would be on a bullish momentum. Now is the best time to get on Bitgert.

To learn more, visit Bitgert 

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

In the cryptocurrency market, projects that push the boundaries of innovation often capture the attention of investors and enthusiasts alike. One such project, Retik Finance (RETIK), has recently made waves with its unexpected release of Virtual DeFi Debit Cards. According to analysts, this groundbreaking move positions Retik Finance as a formidable alternative to established players like Polygon (MATIC), potentially setting the stage for a parabolic price surge of 2500%.

Retik Finance: Redefining DeFi with Cutting-Edge Solutions

Retik Finance is a cutting-edge DeFi project that aims to revolutionize global transactions with its innovative suite of financial solutions. In addition to the Virtual DeFi Debit Cards, Retik Finance offers a smart crypto payment gateway, AI-powered peer-to-peer (P2P) lending, and a multi-chain non-custodial highly secured DeFi wallet. The Virtual DeFi Debit Cards, a beta version available to everyone, are a testament to Retik Finance’s commitment to innovation and ability to deliver groundbreaking solutions ahead of schedule. These debit cards enable users to enjoy the benefits of digital currencies while seamlessly integrating with traditional payment systems. Retik Finance’s Smart Crypto Payment Gateway streamlines transactions, making it easier for businesses and individuals to adopt cryptocurrencies in their daily operations. The AI-powered P2P lending platform leverages advanced algorithms to facilitate secure and efficient lending, while the Multi-Chain Non-Custodial DeFi Wallet ensures users have complete control over their digital assets.

Polygon (MATIC): A Formidable Contender in the DeFi Space

Polygon (MATIC), an Ethereum Layer 2 scaling solution, has gained significant traction in the DeFi space. Designed to overcome the scalability and high transaction fee challenges faced by the Ethereum network, Polygon aims to provide a faster and more cost-effective solution for decentralized applications (dApps) and DeFi protocols. However, with the introduction of Retik Finance’s Virtual DeFi Debit Cards, Polygon may face stiff competition in attracting users seeking innovative DeFi solutions. Retik Finance’s ability to bridge the gap between traditional finance and cryptocurrencies could potentially lure users who prioritize convenience and accessibility.

Bullish Sentiment Surrounds Retik Finance (RETIK)

The unexpected release of Virtual DeFi Debit Cards has fueled bullish sentiment surrounding Retik Finance (RETIK). Analysts predict a potential 2500% price surge for the project, driven by its innovative solutions and early delivery of promised features. Retik Finance’s strategic partnerships, active community engagement, and transparent communication have also increased momentum. The project has completed a presale, raising an impressive $32,050,000, and has been listed on major cryptocurrency tracking platforms like CoinGecko and CoinMarketCap. Furthermore, Retik Finance has undergone a successful audit by Certik, a leading blockchain security firm, further bolstering its credibility and instilling confidence among investors and users.

Retik Finance Rewards Supporters with $5,000 Giveaway After Presale Triumph

In the wake of its presale’s remarkable triumph, Retik Finance is rewarding its dedicated community with a $5,000 giveaway. The DeFi innovator calls upon its supporters to capture the spirit of celebration by creating and submitting unique photos, videos, or memes commemorating the success of the presale. Twenty-five fortunate winners will be chosen, each receiving a $200 prize.

Conclusion: Embracing Innovation in the Crypto Space

The cryptocurrency market is constantly evolving, and projects that embrace innovation often gain a competitive edge. Retik Finance’s unexpected release of Virtual DeFi Debit Cards has positioned the project as a formidable alternative to established players like Polygon (MATIC). With its cutting-edge solutions, strong community support, and bullish sentiment surrounding its native token, RETIK, Retik Finance can potentially disrupt the DeFi landscape and potentially experience a parabolic price surge, as analysts predict.

Visit the links below for more information about Retik Finance (RETIK):

Website

Whitepaper

Twitter

Telegram

The cost of making a BTC transaction—now at a whopping $128—is his main worry.

Schiff also reports that there is a major lag in the confirmation of transactions.

Even after the latest halving event, Bitcoin skeptic Peter Schiff continues to criticize the cryptocurrency. Schiff draws attention to the problems with Bitcoin that, in his opinion, are the cryptocurrency’s most basic function. The enormous rise in the cost of making a Bitcoin transaction—now at a whopping $128—is his main worry.

Schiff also reports that there is a major lag in the confirmation of transactions, which may take more than an hour. Schiff claims that these changes make Bitcoin unworkable for regular transactions and cast doubt on its future as a digital currency.

Credibility of Schiff’s Sources

The bitcoin community has been quick to voice their disapproval of Peter Schiff’s claims about the processing times and costs of Bitcoin transactions. Many have questioned Schiff’s assertions, especially those that highlight the dramatic rise in processing times and expenses associated with transactions.

People have challenged the credibility of Schiff’s sources and pointed out where his claims don’t add up. The veracity of Schiff’s assertions is called into question by his open admission that he gets his information from online sources.

On the day of the halving, Peter Schiff had already caused controversy with his cryptic words mocking Bitcoiners. Crypto enthusiasts had varied feelings about Schiff’s remarks, which included his decision to skip halving celebrations and his comparison of the halving to a drop in the net value of Bitcoin hodlers.

After the recent halving event, Bitcoin has shown endurance and good market performance, despite attacks from experts like Peter Schiff. At the time of writing, Bitcoin is trading at $65,974, up 1.53% in the last 24 hours as per data from CoinMarketCap.

Highlighted Crypto News Today:

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The cryptocurrency market is poised for a significant bull run in 2024, and savvy investors are seeking alternative tokens that could outperform the industry giants. With a staggering $32 million raised during its presale, Retik Finance (RETIK) emerges as a frontrunner, surpassing the likes of Cardano (ADA), Solana (SOL), and Polygon (MATIC). Let us explore why Retik Finance (RETIK) and other altcoins may potentially outshine Cardano in 2024, offering investors an opportunity to capitalize on the impending bull market.

Solana (SOL): A High-Performance Blockchain Riding the Meme Coin Wave

Solana (SOL) has established itself as a formidable player in the cryptocurrency arena, boasting steady support above $195 today. Solana’s success can be attributed to its high-performance blockchain, which has captured the attention of the burgeoning meme coin sector. However, on-chain data reveals a concerning trend: Solana node validators have unstaked a staggering 14 million SOL, worth approximately $2.7 billion, since mid-March. This exodus of staked assets could potentially destabilize the network’s security and flood the market with excess supply, hindering Solana’s upward trajectory.

Polygon (MATIC): A Layer 2 Solution Poised for Geometric Growth

Polygon (MATIC), a Layer 2 scaling solution for Ethereum, has been consolidating around the $0.941 level for nearly two years. Experts believe that a short-term correction could pave the way for a 60% upswing, propelling MATIC to $1.568. The cryptocurrency market’s positive outlook and Polygon’s robust fundamentals, including six compelling reasons for an uptrend, position MATIC as a promising investment opportunity in 2024.

Retik Finance (RETIK): The DeFi Disruptor Redefining Financial Services

Retik Finance (RETIK) stands out as a disruptive force in the decentralized finance (DeFi) landscape, offering a suite of innovative solutions that cater to various financial needs. At the forefront of Retik Finance’s offerings are its cutting-edge virtual DeFi debit cards, available now in a beta version. These debit cards, launched a full year ahead of schedule, provide users with seamless access to decentralized financial services, setting the stage for a revolutionary banking experience. Furthermore, Retik Finance has unveiled its AI-powered peer-to-peer lending platform, leveraging advanced artificial intelligence technology to streamline the lending process and ensure efficient risk management. This innovative feature positions Retik Finance as a trailblazer in the DeFi space, offering a level of sophistication unmatched by traditional financial institutions. Complementing its lending platform is the Retik Wallet, a secure and user-friendly digital wallet designed to seamlessly manage and store cryptocurrencies. The wallet seamlessly integrates with Retik Pay, a decentralized payment solution that enables effortless transactions across various platforms. Retik Finance’s comprehensive ecosystem is bolstered by its successful presale, which raised an impressive $32 million, underscoring investor confidence in the project’s vision and potential for growth. Moreover, the project has undergone a thorough audit by Certik, a renowned blockchain security firm, instilling trust and confidence in its reliability and security protocols.

Retik Finance Celebrates Presale Success with $5,000 Giveaway

Following the resounding success of its presale, Retik Finance is expressing its gratitude to its devoted community with a $5,000 giveaway. The innovative DeFi platform invites its supporters to capture the celebratory spirit by creating and submitting unique photos, videos, or memes commemorating the presale’s triumph. Twenty-five lucky winners will be chosen, each receiving a $200 prize for their exceptional submissions. The team is actively working towards securing listings on top-tier exchanges, with announcements forthcoming on their social media channels.

Conclusion: Embracing Innovation for Optimal Returns

As the cryptocurrency market prepares for a bullish 2024, investors are presented with a unique opportunity to diversify their portfolios and capitalize on the potential gains offered by emerging altcoins. While Cardano (ADA) remains a respected player in the blockchain space, the innovative solutions and robust ecosystems of Solana (SOL), Polygon (MATIC), and, notably, Retik Finance (RETIK) position these projects as compelling alternatives poised for remarkable growth.

Visit the links below for more information about Retik Finance (RETIK):

Website

Whitepaper

Twitter

Telegram

The buzz around BEFE Coin is growing as it shows promise in the cryptocurrency sector. Experts are optimistic about its price potential, recommending it as a wise investment. For those looking to enhance their investment strategy, BEFE Coin offers an intriguing opportunity. Looking to hold onto some BEFE? Let’s learn some more about the currency.

What is BEFE Coin?

BEFE, the new meme coin underdog, is trying to outdo its predecessors, SHIBA INU ($SHIB) and PEPE Coin ($PEPE). It is positioned as the new big name in the meme coin market and has called out to investors and fans to see it as the “ultimate meme king.” BEFE launched without a presale and operated with zero tax.The token allows users to stake BRISE, another cryptocurrency, to buy into the BEFE. This makes the BEFE available to be marketed as a “coin of the people.” Through powerful meme marketing, the coin advertises its membership and, at the same time, is guided in achieving more extraordinary financial achievements in the meme coin space.

BEFE is live on multiple blockchain networks that include Binance Smart Chain (BSC), Ethereum (ETH), and Solana (SOL). Apart from that, the firm also has its own designated trading interfaces, which include Pancakeswap, Uniswap, and Raydium. A user can do this in advance, for example, by trading on Binance Smart Chain or Ethereum mainnet. Create a digital wallet and collect the native blockchain token (BNB in the case of Binance, ETH for Ethereum), which can later be exchanged into BEFE on its respective decentralized exchange. The tokenomics of BEFE is a little different according to the network: On Ethereum and BSC, the coin features a total supply of 100 billion coins in a 100% fair launch. The total supply is 1 billion tokens on the Solana network, including marketing, team, presale, and liquidity allocation. BEFE encourages participation through the majority of likes by community members on Telegram and Twitter to continue following and engaging the fans.

BEFE’s Positive Performance

Over the month, BEFE has been rather dynamic in trading, with rather noticeable variances in its price value and trading volume. The coin showed a very important maximum on March 25th: the level of maximum volume of the trade was more than $1 million, which indicated a very high interest from investors. This peak was characterized by a rather strong increase in price—from 0.00054318 to 0.00065322 dollars, showing the ability to increase very much within this short period.

Subsequent to this, although with some variability, BEFE has often come back by the close of the day’s trading, indicative of at least resilience and positive market sentiment towards the coin. Particularly from the start of April, BEFE had slowly decreased from its March highs but held a good trading volume, suggesting that the market was still participating and a possible recovery was going on. 

Conclusion

Overall, BEFE displayed dynamics rather promising for a memecoin: price and volume jumps took place from time to time. Such behavior can attract those investors who are looking for quick returns in a volatile market.