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Injective Integrates PYUSD, Turning Into the Earliest L1s Supporting StablecoinInjective, a popular L1 blockchain platform powering exclusive DeFi applications, has announced the latest integration. As per the platform, it is integrating Paxos and PayPal’s joint stablecoin PYUSD, turning into the earliest L1s supporting the respective token. The platform took to the social media platform X to disclose the news of this exclusive development. Injective today is integrating PYUSD, becoming one of the first ever L1s to support the stablecoin released by PayPal & Paxos.PYUSD can be onboarded from Ethereum & Solana onto Injective. dApps on Injective can utilize $PYUSD for lightning fast payments, trading, DeFi and more. pic.twitter.com/dilhamIQhX — Injective 🥷 (@injective) June 12, 2024 Injective Becomes One of the Earliest L1s Backing PYUSD Stablecoin of Paxos and PayPal In its recent social media post, Injective expressed its enthusiasm for this integration. PayPal operates as an online system of payments that permits users to receive and send money around the world. On the other hand, Paxos operates as a digital asset solution provider and blockchain platform. The company provides these facilities to the worldwide leading entities dealing with financial services. The PayPal USD ($PYUSD) is the platform’s stablecoin that gets complete support from the $USD deposits. This means that people can purchase 1 $PYUSD with 1 $USD. Both Paxos and PayPal take the credit for releasing the well-known stablecoin. The integration of the respective coin into the Injective opens the way to several new opportunities. The Users Can Utilize PYUSD for DeFi, Trading, and Rapid Payments At present, the people using Injective can onboard the $PYUSD stablecoin from Solana as well as Ethereum. The platform also brought to the front that the decentralized applications can additionally leverage the stablecoin. According to the Injective, the apps can use $PYUSD for several purposes. These things deal with decentralized finance (DeFi), trading, and rapid payments.

Injective Integrates PYUSD, Turning Into the Earliest L1s Supporting Stablecoin

Injective, a popular L1 blockchain platform powering exclusive DeFi applications, has announced the latest integration. As per the platform, it is integrating Paxos and PayPal’s joint stablecoin PYUSD, turning into the earliest L1s supporting the respective token. The platform took to the social media platform X to disclose the news of this exclusive development.

Injective today is integrating PYUSD, becoming one of the first ever L1s to support the stablecoin released by PayPal & Paxos.PYUSD can be onboarded from Ethereum & Solana onto Injective. dApps on Injective can utilize $PYUSD for lightning fast payments, trading, DeFi and more. pic.twitter.com/dilhamIQhX

— Injective 🥷 (@injective) June 12, 2024

Injective Becomes One of the Earliest L1s Backing PYUSD Stablecoin of Paxos and PayPal

In its recent social media post, Injective expressed its enthusiasm for this integration. PayPal operates as an online system of payments that permits users to receive and send money around the world. On the other hand, Paxos operates as a digital asset solution provider and blockchain platform. The company provides these facilities to the worldwide leading entities dealing with financial services.

The PayPal USD ($PYUSD) is the platform’s stablecoin that gets complete support from the $USD deposits. This means that people can purchase 1 $PYUSD with 1 $USD. Both Paxos and PayPal take the credit for releasing the well-known stablecoin. The integration of the respective coin into the Injective opens the way to several new opportunities.

The Users Can Utilize PYUSD for DeFi, Trading, and Rapid Payments

At present, the people using Injective can onboard the $PYUSD stablecoin from Solana as well as Ethereum. The platform also brought to the front that the decentralized applications can additionally leverage the stablecoin. According to the Injective, the apps can use $PYUSD for several purposes. These things deal with decentralized finance (DeFi), trading, and rapid payments.
BlockDAG’s Keynote 2 Sparks 1120% Price Growth, Boosting Investor’s Interest Alongside Toncoin Pr...Toncoin’s price recently soared to $6.41, marking significant growth. Similarly, Dogecoin surged by 1.08%, reaching $0.1631 as institutional investors showed increasing interest. Amidst these developments, BlockDAG emerges as a strong contender, it’s recent Keynote 2 has drawn substantial attention, unveiling numerous technological advancements. These innovations, combined with a successful presale that has grown by 1120% till Batch 18, underscore BlockDAG’s position among the top crypto gainers this year. Toncoin Price Soars to $6.41: Will TON Reach $9? Toncoin (TON) has experienced a notable price increase, reaching $6.41 with a 5.05% rise within 24 hours. This surge reflects growing investor interest and optimism about Toncoin’s future potential.  As TON navigates the possibility of reaching the $9 mark, it continues to capture the crypto community’s attention. This recent growth highlights Toncoin’s dynamic presence in the market, positioning it as a significant player among the top crypto gainers this year. Investors closely watch TON’s progress, anticipating further developments and potential price increases shortly. Dogecoin Surges as Institutional Investors Join Dogecoin (DOGE) has recently seen a price increase, reaching $0.1631 with a 1.08% rise. This modest uptick follows a weaker private sector jobs report in the US, which has influenced the broader crypto market. Institutional investors have shown a growing interest in Dogecoin, reflecting a calculated risk-taking approach to capitalize on its potential. This interest has contributed to Dogecoin’s sustained popularity among both institutional and retail investors. Analysts are keeping a close eye on DOGE, predicting potential price movements, and considering it a notable contender among the top crypto gainers this year. BlockDAG’s Keynote 2: Unveiling Tech Advancements BlockDAG’s Keynote 2 unveiled several technological advancements that have significantly contributed to its rising popularity. This technical keynote streamed from the moon, highlighted BlockDAG’s unique approach, combining a Proof-of-Work (PoW) consensus mechanism with a Directed Acyclic Graph (DAG) structure, eliminating the need for traditional miners. This hybrid method allows for multiple transactions to be confirmed simultaneously, significantly improving scalability. The DAG Formation algorithm and the Low Code/No Code approach further simplify development, enabling broader participation. The keynote also highlighted the extensive development updates available on the “Dev Releases” section of BlockDAG’s official website. These updates detail daily progress and are released weekly, showcasing BlockDAG’s commitment to transparency and continuous improvement. The Whitepaper V2 introduced efficient transaction processing, promising speeds of up to 15,000 transactions per second (TPS). This rapid processing capability, combined with low fees, enhances user experiences and supports high-volume, time-sensitive applications. The ongoing presale has seen tremendous growth, raising over $500k daily, and is projected to reach $5 million. Starting at Batch 1 with a price of $0.001, the BlockDAG presale has now advanced to Batch 18, priced at $0.0122, reflecting a remarkable growth of 1120%. This promising presale has already amassed $49.3 million, highlighting BlockDAG’s increasing market influence. Key Takeaway With Toncoin’s price aiming for $9 and Dogecoin’s surge attracting institutional interest, BlockDAG stands out with its cutting-edge technology and impressive market performance. The presale success, raising over $1k daily and collecting $49.3 million, highlights BlockDAG’s growing influence. As one of the top crypto gainers this year, BlockDAG’s unique hybrid PoW-DAG approach and rapid transaction processing capabilities position it for continued growth and innovation in the blockchain industry. Invest in the BlockDAG Presale Now: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu

BlockDAG’s Keynote 2 Sparks 1120% Price Growth, Boosting Investor’s Interest Alongside Toncoin Pr...

Toncoin’s price recently soared to $6.41, marking significant growth. Similarly, Dogecoin surged by 1.08%, reaching $0.1631 as institutional investors showed increasing interest. Amidst these developments, BlockDAG emerges as a strong contender, it’s recent Keynote 2 has drawn substantial attention, unveiling numerous technological advancements. These innovations, combined with a successful presale that has grown by 1120% till Batch 18, underscore BlockDAG’s position among the top crypto gainers this year.

Toncoin Price Soars to $6.41: Will TON Reach $9?

Toncoin (TON) has experienced a notable price increase, reaching $6.41 with a 5.05% rise within 24 hours. This surge reflects growing investor interest and optimism about Toncoin’s future potential. 

As TON navigates the possibility of reaching the $9 mark, it continues to capture the crypto community’s attention. This recent growth highlights Toncoin’s dynamic presence in the market, positioning it as a significant player among the top crypto gainers this year. Investors closely watch TON’s progress, anticipating further developments and potential price increases shortly.

Dogecoin Surges as Institutional Investors Join

Dogecoin (DOGE) has recently seen a price increase, reaching $0.1631 with a 1.08% rise. This modest uptick follows a weaker private sector jobs report in the US, which has influenced the broader crypto market.

Institutional investors have shown a growing interest in Dogecoin, reflecting a calculated risk-taking approach to capitalize on its potential. This interest has contributed to Dogecoin’s sustained popularity among both institutional and retail investors. Analysts are keeping a close eye on DOGE, predicting potential price movements, and considering it a notable contender among the top crypto gainers this year.

BlockDAG’s Keynote 2: Unveiling Tech Advancements

BlockDAG’s Keynote 2 unveiled several technological advancements that have significantly contributed to its rising popularity. This technical keynote streamed from the moon, highlighted BlockDAG’s unique approach, combining a Proof-of-Work (PoW) consensus mechanism with a Directed Acyclic Graph (DAG) structure, eliminating the need for traditional miners. This hybrid method allows for multiple transactions to be confirmed simultaneously, significantly improving scalability. The DAG Formation algorithm and the Low Code/No Code approach further simplify development, enabling broader participation.

The keynote also highlighted the extensive development updates available on the “Dev Releases” section of BlockDAG’s official website. These updates detail daily progress and are released weekly, showcasing BlockDAG’s commitment to transparency and continuous improvement.

The Whitepaper V2 introduced efficient transaction processing, promising speeds of up to 15,000 transactions per second (TPS). This rapid processing capability, combined with low fees, enhances user experiences and supports high-volume, time-sensitive applications.

The ongoing presale has seen tremendous growth, raising over $500k daily, and is projected to reach $5 million. Starting at Batch 1 with a price of $0.001, the BlockDAG presale has now advanced to Batch 18, priced at $0.0122, reflecting a remarkable growth of 1120%. This promising presale has already amassed $49.3 million, highlighting BlockDAG’s increasing market influence.

Key Takeaway

With Toncoin’s price aiming for $9 and Dogecoin’s surge attracting institutional interest, BlockDAG stands out with its cutting-edge technology and impressive market performance. The presale success, raising over $1k daily and collecting $49.3 million, highlights BlockDAG’s growing influence. As one of the top crypto gainers this year, BlockDAG’s unique hybrid PoW-DAG approach and rapid transaction processing capabilities position it for continued growth and innovation in the blockchain industry.

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu
MoonPay Partners With PayPal to Simplify Crypto for Millions in the UK and EUAs part of joining forces to help more people use digital currencies, MoonPay, a key global cryptocurrency payment infrastructure company, launches its collaboration with PayPal, and extends its integration with the platform to its European Union and United Kingdom customers. . Cross-Border Transactions With Ease MoonPay and PayPal partnership makes it easy to purchase cryptocurrencies, as your PayPal account can now be directly used in your transactions inside the app. This integration will address growing consumer demand to purchase digital assets in a simple, intuitive way.  According to MoonPay co-Founder and CEO Ivan Soto-Wright, this is part of the company’s initiative to “smooth the process and decrease the barriers to entry for new users across the globe,” which will be a step-change towards making cryptocurrency payments as common as any other type of online purchase. This entrance into European comes after successfully launching in the U.S. which made the service available to users across the continent and represents a strategic decision for MoonPay.  Buying crypto with PayPal is going global!MoonPay users in 24 EU member states and the UK can now buy 100+ cryptocurrencies using their PayPal account. pic.twitter.com/FtHiJ6u21e — MoonPay 🟣 (@moonpay) June 12, 2024 The new service will allow merchants to accept PayPal as a payment option, which can pull in funds from a customer’s direct PayPal account, a PayPal-attached bank account or their linked debit card. Such flexibility not only provides user experience robustness, but also significantly widens the access of cryptocurrencies to a different category of users. This initiative falls in line with an increased acceptance of Fintech and digital currencies, highlighting a new crossroads in the ever-changing landscape of financial services, and bridging the traditional and modern methods of finance.  This is an observation that was also called out in the statement from MoonPay – that their average user is 35 years old – indicating that a more well-set segment of consumers are entering the less-active market. Deeper Broader Adoption with Strategic Integration The partnership between MoonPay and PayPal goes beyond convenient payments as it provides a strategic one. That is a large gap between traditional finance and the new digital currency world it means to bridge by encouraging trust and comfort in new user bases. MoonPay and PayPal, in lowering the entry barriers, are reaching out to an arguably thousands-long audience, a feat that is critical to widespread adoption of cryptocurrencies. With large corporations moving more quickly towards integration of digital currencies as a legitimate financial asset, partnerships such as those are essential to establishing a real world use case for the money of the Future.  By combining their efforts and resources, MoonPay and PayPal may well be on their way to revolutionizing the financial industry as we know it with relative ease – an exciting future just around the corner. Ultimately, this wider expansion of MoonPay and PayPal into the UK and EU could also impact broader cryptocurrency adoption levels, enabling more ordinary people to enter the world of digital assets. As the ecosystem progresses, these types of integrations will likely be an important connector between legacy financial systems and the ‘new money’ economy.

MoonPay Partners With PayPal to Simplify Crypto for Millions in the UK and EU

As part of joining forces to help more people use digital currencies, MoonPay, a key global cryptocurrency payment infrastructure company, launches its collaboration with PayPal, and extends its integration with the platform to its European Union and United Kingdom customers. .

Cross-Border Transactions With Ease

MoonPay and PayPal partnership makes it easy to purchase cryptocurrencies, as your PayPal account can now be directly used in your transactions inside the app. This integration will address growing consumer demand to purchase digital assets in a simple, intuitive way. 

According to MoonPay co-Founder and CEO Ivan Soto-Wright, this is part of the company’s initiative to “smooth the process and decrease the barriers to entry for new users across the globe,” which will be a step-change towards making cryptocurrency payments as common as any other type of online purchase.

This entrance into European comes after successfully launching in the U.S. which made the service available to users across the continent and represents a strategic decision for MoonPay. 

Buying crypto with PayPal is going global!MoonPay users in 24 EU member states and the UK can now buy 100+ cryptocurrencies using their PayPal account. pic.twitter.com/FtHiJ6u21e

— MoonPay 🟣 (@moonpay) June 12, 2024

The new service will allow merchants to accept PayPal as a payment option, which can pull in funds from a customer’s direct PayPal account, a PayPal-attached bank account or their linked debit card. Such flexibility not only provides user experience robustness, but also significantly widens the access of cryptocurrencies to a different category of users.

This initiative falls in line with an increased acceptance of Fintech and digital currencies, highlighting a new crossroads in the ever-changing landscape of financial services, and bridging the traditional and modern methods of finance. 

This is an observation that was also called out in the statement from MoonPay – that their average user is 35 years old – indicating that a more well-set segment of consumers are entering the less-active market.

Deeper Broader Adoption with Strategic Integration

The partnership between MoonPay and PayPal goes beyond convenient payments as it provides a strategic one. That is a large gap between traditional finance and the new digital currency world it means to bridge by encouraging trust and comfort in new user bases. MoonPay and PayPal, in lowering the entry barriers, are reaching out to an arguably thousands-long audience, a feat that is critical to widespread adoption of cryptocurrencies.

With large corporations moving more quickly towards integration of digital currencies as a legitimate financial asset, partnerships such as those are essential to establishing a real world use case for the money of the Future. 

By combining their efforts and resources, MoonPay and PayPal may well be on their way to revolutionizing the financial industry as we know it with relative ease – an exciting future just around the corner.

Ultimately, this wider expansion of MoonPay and PayPal into the UK and EU could also impact broader cryptocurrency adoption levels, enabling more ordinary people to enter the world of digital assets. As the ecosystem progresses, these types of integrations will likely be an important connector between legacy financial systems and the ‘new money’ economy.
BlockDAG’s Presale Nears $50M After $3M Overnight Surge; More on AR Crypto & BNB Price ForecastBlockDAG‘s presale is on the verge of hitting $50 million after a remarkable $3 million surge following Keynote 2. Also the network has managed to sell over 11.3 billion BDAG coins, making an extra $3.2 million in miners’ sales alone. Meanwhile, AR Crypto and BNB prices are on the rise, indicating positive market sentiments. AR Crypto’s Recent Surge AR Crypto has witnessed a 7.7% increase in market capitalization and a 44% surge in trading volume, signaling a bullish trend. Over the last 30 days, its fully diluted and circulating market caps have grown by 25%, with trading volume up by 33.1%. This uptrend is supported by a rising wedge pattern since October 2023, indicating potential further highs. The cryptocurrency is trading above its 50-day and 200-day EMAs, with MACD and RSI indicators supporting continued upward movement. BNB’s Growth Trajectory BNB, the native token of Binance, recently hit a new all-time high of $710, leading to a surge in its market capitalization. Analysts predict that BNB could reach $1,000, despite some indicators suggesting a potential pullback. The Relative Strength Index (RSI) has been above 70, indicating that the asset might be overbought. However, many experts believe that BNB will continue its upward trajectory, driven by strong market fundamentals and investor confidence. BlockDAG’s Recent Success BlockDAG’s Moon Keynote unveiled its upcoming mainnet launch, scheduled for mid-August. The mainnet is expected to go live in four months, featuring a Detailed Acyclic Graph implementation for high transaction throughput and fast confirmation times. Additionally, BlockDAG’s Low Code/No Code strategy for decentralized application development aims to simplify the process, making it accessible even to non-developers. This innovative approach, along with its support for smart contracts, is set to transform digital innovation, particularly in decentralized finance (DeFi) and supply chain transparency. The presale has been a massive success, raising $3 million in just 12 hours and reaching $49.2 million in total revenue. With its advanced mining solutions and continuous growth, BlockDAG is emerging as a top choice for investors in 2024, offering significant opportunities in the cryptocurrency market. The project’s presale success is a testament to its innovative approach and strong market positioning. With Batch 18 reaching $0.0122 per BDAG coin, up 1120% from Batch 1, BlockDAG continues to attract investors’ attention. The presale’s success can be attributed to its strategic marketing efforts and the appeal of its mining solutions, especially the X1 Miner app, which has garnered significant interest within the community. In Conclusion BlockDAG’s commitment to technological advancement is evident in its upcoming mainnet launch, scheduled for mid-August. The mainnet is expected to go live in four months, featuring a Detailed Acyclic Graph implementation for enhanced transaction throughput and confirmation times. Additionally, the platform’s Low Code/No Code strategy for decentralized application development aims to simplify the process, making it accessible to a broader audience. Overall, BlockDAG’s recent achievements and future plans position it as a promising investment opportunity, with the potential to reshape the crypto landscape. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

BlockDAG’s Presale Nears $50M After $3M Overnight Surge; More on AR Crypto & BNB Price Forecast

BlockDAG‘s presale is on the verge of hitting $50 million after a remarkable $3 million surge following Keynote 2. Also the network has managed to sell over 11.3 billion BDAG coins, making an extra $3.2 million in miners’ sales alone. Meanwhile, AR Crypto and BNB prices are on the rise, indicating positive market sentiments.

AR Crypto’s Recent Surge

AR Crypto has witnessed a 7.7% increase in market capitalization and a 44% surge in trading volume, signaling a bullish trend. Over the last 30 days, its fully diluted and circulating market caps have grown by 25%, with trading volume up by 33.1%. This uptrend is supported by a rising wedge pattern since October 2023, indicating potential further highs. The cryptocurrency is trading above its 50-day and 200-day EMAs, with MACD and RSI indicators supporting continued upward movement.

BNB’s Growth Trajectory

BNB, the native token of Binance, recently hit a new all-time high of $710, leading to a surge in its market capitalization. Analysts predict that BNB could reach $1,000, despite some indicators suggesting a potential pullback. The Relative Strength Index (RSI) has been above 70, indicating that the asset might be overbought. However, many experts believe that BNB will continue its upward trajectory, driven by strong market fundamentals and investor confidence.

BlockDAG’s Recent Success

BlockDAG’s Moon Keynote unveiled its upcoming mainnet launch, scheduled for mid-August. The mainnet is expected to go live in four months, featuring a Detailed Acyclic Graph implementation for high transaction throughput and fast confirmation times. Additionally, BlockDAG’s Low Code/No Code strategy for decentralized application development aims to simplify the process, making it accessible even to non-developers. This innovative approach, along with its support for smart contracts, is set to transform digital innovation, particularly in decentralized finance (DeFi) and supply chain transparency.

The presale has been a massive success, raising $3 million in just 12 hours and reaching $49.2 million in total revenue. With its advanced mining solutions and continuous growth, BlockDAG is emerging as a top choice for investors in 2024, offering significant opportunities in the cryptocurrency market.

The project’s presale success is a testament to its innovative approach and strong market positioning. With Batch 18 reaching $0.0122 per BDAG coin, up 1120% from Batch 1, BlockDAG continues to attract investors’ attention. The presale’s success can be attributed to its strategic marketing efforts and the appeal of its mining solutions, especially the X1 Miner app, which has garnered significant interest within the community.

In Conclusion

BlockDAG’s commitment to technological advancement is evident in its upcoming mainnet launch, scheduled for mid-August. The mainnet is expected to go live in four months, featuring a Detailed Acyclic Graph implementation for enhanced transaction throughput and confirmation times. Additionally, the platform’s Low Code/No Code strategy for decentralized application development aims to simplify the process, making it accessible to a broader audience.

Overall, BlockDAG’s recent achievements and future plans position it as a promising investment opportunity, with the potential to reshape the crypto landscape.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu
Invest Now! Top 5 Altcoins for 2024: BlockDAG, Apecoin, Polygon, Aave, & ChainlinkIdentifying the top 5 altcoins to invest in can be a game-changer for investors, starting with BlockDAG, whose eye-catching presale has captivated the market. Currently, in Batch 18, BlockDAG has already amassed $49.2 million in funding, with its coin valued at $0.0122.  This article delves into the other promising prospects of BlockDAG and other notable contenders like ApeCoin, Polygon, Aave, and Chainlink, exploring their growth potential and market dynamics. 1. BlockDAG’s Strategic Growth & Presale Leads The Top 5 Altcoins BlockDAG’s innovative presale continues to attract attention in the cryptocurrency market. It consistently ranks among the top 5 altcoins, offering investors a stable and secure platform to increase the value of their investments.  Following a compelling Keynote 2 broadcasted from the Moon, BlockDAG detailed its robust roadmap and reinforced its commitment to technological advancement and transparency. After solid performances up to Batch 18, BlockDAG has amassed $49.2 million in funding.  With the coin currently valued at $0.0122, BlockDAG plans further batch releases, aiming for a target price of $0.05 at the next launch and an ambitious goal of reaching $1 by 2025. This forward-looking approach signifies BlockDAG’s pivotal role in shaping the future of cryptocurrency investments. The latest dashboard update provides news, rank checking, and centralized wallet management. It features a competitive leaderboard, transaction previews, and referral tracking. Investors are categorized into tiers, with detailed transaction history and real-time views. The profile page offers rank information, secure address updates, and account management for a seamless user experience. 2. ApeCoin Price Forecast & Outlook ApeCoin (APE) is projected to reach new heights with a significant increase by the end of 2024 and climb even higher in 2025. By 2030, APE’s value could average considerably more, reflecting its potential for substantial growth. Despite its beginnings as a meme token, APE has evolved to serve as a governance and utility token within the Yuga Labs ecosystem, including the Otherside metaverse and BAYC NFTs.  Currently trading below its initial listing price from 2022, APE maintains steady support through 2024. With upcoming developments and community-driven proposals, ApeCoin shows promise for long-term bullish trends and utility expansion. 3. Polygon’s Promising Potential  Polygon (MATIC) solidifies its position as one of the top 5 altcoins, demonstrating strong growth potential and robust fundamentals. The Napoli upgrade is set to boost MATIC’s scalability and performance, likely enhancing its market value. With staking yields at approximately 3%, Polygon attracts long-term investors, further supported by a substantial quarterly growth in the stablecoin market.  4. Aave’s Future Outlook Among Top 5 Altcoins Aave, a leader in the decentralized finance (DeFi) sector on the Ethereum blockchain, is known for its innovative features, such as flash loans and dynamic interest rates. Despite current bearish market conditions, Aave’s price predictions for the coming years are optimistic.  By 2024, it is expected to grow substantially, and predictions for 2027 and 2030 indicate even higher valuations. As Aave continues to develop and expand its ecosystem, it is poised to maintain a strategic position within the DeFi sector, potentially making it one of the top 5 altcoins and a compelling choice for long-term investment. 5. Chainlink’s Market Challenges  Recently, Chainlink experienced a significant price reversal, shedding 11% weekly. This was triggered by unexpected U.S. labour market data that strengthened the dollar and led investors to sell off their holdings.  Previously, in a bullish trend, Chainlink’s prospects looked promising, with potential resistance at higher levels, but the latest economic updates dampened this optimism.  Now stabilizing at lower prices, Chainlink faces skepticism among investors about its near-term growth potential. This downturn in one of the top 5 altcoins has opened the door for other trading opportunities, including emerging tokens like the Raboo token, which offers utility and presale profits. Enriching Remarks As we uncover the top 5 altcoins, BlockDAG shines with its strategic presale and promising price predictions, aiming for $1 by 2025. Alongside, ApeCoin’s evolution, Polygon’s scalability, Aave’s innovative DeFi solutions, and Chainlink’s market resilience offer compelling investment opportunities. Keep a close watch on BlockDAG and its peers as they lead the charge in revolutionizing the crypto market. Invest in the BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu 

Invest Now! Top 5 Altcoins for 2024: BlockDAG, Apecoin, Polygon, Aave, & Chainlink

Identifying the top 5 altcoins to invest in can be a game-changer for investors, starting with BlockDAG, whose eye-catching presale has captivated the market. Currently, in Batch 18, BlockDAG has already amassed $49.2 million in funding, with its coin valued at $0.0122. 

This article delves into the other promising prospects of BlockDAG and other notable contenders like ApeCoin, Polygon, Aave, and Chainlink, exploring their growth potential and market dynamics.

1. BlockDAG’s Strategic Growth & Presale Leads The Top 5 Altcoins

BlockDAG’s innovative presale continues to attract attention in the cryptocurrency market. It consistently ranks among the top 5 altcoins, offering investors a stable and secure platform to increase the value of their investments. 

Following a compelling Keynote 2 broadcasted from the Moon, BlockDAG detailed its robust roadmap and reinforced its commitment to technological advancement and transparency. After solid performances up to Batch 18, BlockDAG has amassed $49.2 million in funding. 

With the coin currently valued at $0.0122, BlockDAG plans further batch releases, aiming for a target price of $0.05 at the next launch and an ambitious goal of reaching $1 by 2025. This forward-looking approach signifies BlockDAG’s pivotal role in shaping the future of cryptocurrency investments.

The latest dashboard update provides news, rank checking, and centralized wallet management. It features a competitive leaderboard, transaction previews, and referral tracking. Investors are categorized into tiers, with detailed transaction history and real-time views. The profile page offers rank information, secure address updates, and account management for a seamless user experience.

2. ApeCoin Price Forecast & Outlook

ApeCoin (APE) is projected to reach new heights with a significant increase by the end of 2024 and climb even higher in 2025. By 2030, APE’s value could average considerably more, reflecting its potential for substantial growth.

Despite its beginnings as a meme token, APE has evolved to serve as a governance and utility token within the Yuga Labs ecosystem, including the Otherside metaverse and BAYC NFTs. 

Currently trading below its initial listing price from 2022, APE maintains steady support through 2024. With upcoming developments and community-driven proposals, ApeCoin shows promise for long-term bullish trends and utility expansion.

3. Polygon’s Promising Potential 

Polygon (MATIC) solidifies its position as one of the top 5 altcoins, demonstrating strong growth potential and robust fundamentals. The Napoli upgrade is set to boost MATIC’s scalability and performance, likely enhancing its market value. With staking yields at approximately 3%, Polygon attracts long-term investors, further supported by a substantial quarterly growth in the stablecoin market. 

4. Aave’s Future Outlook Among Top 5 Altcoins

Aave, a leader in the decentralized finance (DeFi) sector on the Ethereum blockchain, is known for its innovative features, such as flash loans and dynamic interest rates. Despite current bearish market conditions, Aave’s price predictions for the coming years are optimistic. 

By 2024, it is expected to grow substantially, and predictions for 2027 and 2030 indicate even higher valuations. As Aave continues to develop and expand its ecosystem, it is poised to maintain a strategic position within the DeFi sector, potentially making it one of the top 5 altcoins and a compelling choice for long-term investment.

5. Chainlink’s Market Challenges 

Recently, Chainlink experienced a significant price reversal, shedding 11% weekly. This was triggered by unexpected U.S. labour market data that strengthened the dollar and led investors to sell off their holdings. 

Previously, in a bullish trend, Chainlink’s prospects looked promising, with potential resistance at higher levels, but the latest economic updates dampened this optimism. 

Now stabilizing at lower prices, Chainlink faces skepticism among investors about its near-term growth potential. This downturn in one of the top 5 altcoins has opened the door for other trading opportunities, including emerging tokens like the Raboo token, which offers utility and presale profits.

Enriching Remarks

As we uncover the top 5 altcoins, BlockDAG shines with its strategic presale and promising price predictions, aiming for $1 by 2025. Alongside, ApeCoin’s evolution, Polygon’s scalability, Aave’s innovative DeFi solutions, and Chainlink’s market resilience offer compelling investment opportunities. Keep a close watch on BlockDAG and its peers as they lead the charge in revolutionizing the crypto market.

Invest in the BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu 
Ethereum’s Co-Founder Highlights Cryptocurrency’s Evolving UtilityIn a series of enlightening tweets, Ethereum (ETH) co-founder Vitalik Buterin outlined various potential daily uses for cryptocurrencies beyond mere financial transactions. Addressing the skepticism around the real-world applications of crypto technologies, Buterin listed advancements such as zero-knowledge (zk) proofs for reputation, identity, credentials management, peer-to-peer cross-border payments featuring significantly lower fees, decentralized social networks, and more. These developments point to a rapidly improving user experience in the current technological cycle. * zk reputation/identity/credentials* p2p cross-border payments (much lower fees and quickly improving UX this cycle)* decentralized social* prediction markets (actually usable this cycle)* privacy* enterprise apps via zk validiums* zk + censorship resistant voting — vitalik.eth (@VitalikButerin) June 12, 2024 Buterin highlighted the burgeoning areas of prediction markets that are becoming genuinely usable in this cycle, enhancing privacy and integrating enterprise applications through zk valiums. Furthermore, he pointed out the potential for zero-knowledge proofs to bolster censorship-resistant voting systems, showcasing the depth of blockchain technology’s integration into societal frameworks. Addressing the Meme Coin Phenomenon Amidst the progressive narratives, blockchain developer OxDesigner, known on Twitter as ‘Blovkvhain Dev,’ raised concerns over the enduring focus on meme coins in the cryptocurrency narrative. OxDesigner questioned the sustainability and utility of meme coins, suggesting that their dominance might overshadow more substantial advancements in the crypto world, such as decentralized, tamper-proof money, peer-to-peer payments, programmable money, permissionless financial services, and digital asset ownership. These elements are seen as net positives for the industry’s evolution. In a candid expression of frustration, OxDesigner lamented the lack of a compelling vision for meme coins in improving everyday life, labeling them primarily as entertainment products and a means to monetize attention. Despite being open to changing his perspective, the developer revealed dissatisfaction with the current design concepts for meme coins, indicating a broader sentiment of discontent among crypto enthusiasts regarding the direction of the industry. In response, Buterin reiterated the significant functionalities of cryptocurrencies that he had outlined, emphasizing the importance of focusing on innovations that offer tangible, real-world benefits and advance the sector beyond simplistic monetary value.

Ethereum’s Co-Founder Highlights Cryptocurrency’s Evolving Utility

In a series of enlightening tweets, Ethereum (ETH) co-founder Vitalik Buterin outlined various potential daily uses for cryptocurrencies beyond mere financial transactions. Addressing the skepticism around the real-world applications of crypto technologies, Buterin listed advancements such as zero-knowledge (zk) proofs for reputation, identity, credentials management, peer-to-peer cross-border payments featuring significantly lower fees, decentralized social networks, and more. These developments point to a rapidly improving user experience in the current technological cycle.

* zk reputation/identity/credentials* p2p cross-border payments (much lower fees and quickly improving UX this cycle)* decentralized social* prediction markets (actually usable this cycle)* privacy* enterprise apps via zk validiums* zk + censorship resistant voting

— vitalik.eth (@VitalikButerin) June 12, 2024

Buterin highlighted the burgeoning areas of prediction markets that are becoming genuinely usable in this cycle, enhancing privacy and integrating enterprise applications through zk valiums. Furthermore, he pointed out the potential for zero-knowledge proofs to bolster censorship-resistant voting systems, showcasing the depth of blockchain technology’s integration into societal frameworks.

Addressing the Meme Coin Phenomenon

Amidst the progressive narratives, blockchain developer OxDesigner, known on Twitter as ‘Blovkvhain Dev,’ raised concerns over the enduring focus on meme coins in the cryptocurrency narrative. OxDesigner questioned the sustainability and utility of meme coins, suggesting that their dominance might overshadow more substantial advancements in the crypto world, such as decentralized, tamper-proof money, peer-to-peer payments, programmable money, permissionless financial services, and digital asset ownership. These elements are seen as net positives for the industry’s evolution.

In a candid expression of frustration, OxDesigner lamented the lack of a compelling vision for meme coins in improving everyday life, labeling them primarily as entertainment products and a means to monetize attention. Despite being open to changing his perspective, the developer revealed dissatisfaction with the current design concepts for meme coins, indicating a broader sentiment of discontent among crypto enthusiasts regarding the direction of the industry.

In response, Buterin reiterated the significant functionalities of cryptocurrencies that he had outlined, emphasizing the importance of focusing on innovations that offer tangible, real-world benefits and advance the sector beyond simplistic monetary value.
Best Crypto Presale in June 2024: MoonBag’s Staking Attracts Investors En Masse, Outpacing Dogwif...Looking for something to change your financial scene? There are many chances in the ever changing realm of cryptocurrency for profitable and transforming investments. The market is active and ready for calculated investments that might influence next trends as we enter June 2024.  Among the busy field of cryptocurrencies, MoonBag crypto stands out, notably with its incredible presale success this month. MoonBag not only guarantees significant rewards but also creates a strong basis in the market by including strong staking options, therefore displacing rivals Dogwifhat and Blastup trying to keep pace. With its presale gaining traction in the cryptocurrency market, MoonBag has been ranked with having the best crypto presale in June 2024. Dogwifhat’s Innovative Meme-Based Approach Faces New Competition from MoonBag With its creative meme-based strategy, which attracts a large audience seeking relatability and humour in their investments, Dogwifhat has found a place in the meme coin market. Its distinctive branding and community involvement policies have set it apart in the meme coin market and built a devoted following with strong internet presence. However, with its rapid presale expansion, MoonBag is fast becoming a fierce rival to Dogwifhat. MoonBag, which is acknowledged as the best presale in 2024, not only attracts the usual meme coin audience with its brilliant marketing and community rewards but also provides significant technology developments and financial advantages. Unlike Dogwifhat, which mostly concentrates on meme culture for appeal, MoonBag integrates this with strong financial growth strategies, enhanced security protocols, and a transparent governance model. MoonBag’s Staking Rewards Entice Investors Away from BlastUp’s Decentralized Finance (DeFi) Platform By means of its distributed finance (DeFi) technology, which provides a suite of financial services devoid of conventional financial intermediaries, BlastUp has become well-known in the cryptocurrency scene. Attracting a committed user base interested in DeFi innovations, the BlastUp platform emphasises on giving users more control over their financial activities and chances for earning via liquidity provision, staking, and more.  Still, the appealing coin incentives provided by MoonBag’s presale are driving investors away from BlastUp’s DeFi products more and more. Celebrated as the best crypto presale in June 2024, MoonBag goes above traditional DeFi capabilities by combining its cutting-edge technology with extremely valuable tokenomics, therefore encouraging early adoption and ongoing involvement.  MoonBag Offers Incredible Presale Staking Benefits, Ranks Best crypto Presale in June 2024 With strong liquidity solutions and other user incentives, MoonBag is differentiating itself in the crypto scene. Currently ranking as the best crypto presale in June 2024, the presale highlights MoonBag’s dedication to provide investors a safe and beneficial venue.  Aside from MoonBag’s presale which has amassed over $1.7M in revenue, its liquidity policies guarantee that transactions stay flexible, therefore reducing typical worries about slippage and market impact. MoonBag’s architecture also allows a great range of features, from digital payments to distributed finance (DeFi) apps, therefore increasing its appeal in many different fields. Those looking to diversify their digital assets should thus choose MoonBag since investors engaged in this presale are positioned to gain from a flexible and dynamic ecosystem. MoonBag Presale Staking Goes Live, Stake Your Coins For Amazing Rewards With an outstanding 88% APY, MoonBag’s staking system is unique and offers a significant incentive for coin holders to interact with the network over long terms. This programme is deliberately designed to increase coin retention and support a consistent local economic climate. Investors that take advantage of this profitable staking opportunity not only get large returns but also help the MoonBag ecosystem to be generally healthy and liquid. How to Buy MBAG Coins It is pretty simple and straightforward. Install a compatible digital wallet, such as Trust Wallet or MetaMask. Next, visit the MoonBag presale website once your wallet has been set up and link it. Decide how much MBAG coins you want to buy and they will be straightaway transferred to your wallet safely and quickly.  Boost Your Benefits Using MoonBag’s Referral Programme The MoonBag referral programme intends to develop and grow its community. Users can ascend the monthly leaderboard and get significant cash prizes by sharing their exclusive referral code. Every new referral also gets an additional 10% MBAG coins, therefore highlighting MoonBag’s dedication to community development and a vibrant presale process.  Conclusion: MoonBag Presents a Fantastic Opportunity  MoonBag is becoming really important even if the market for cryptocurrencies is naturally volatile. Although other cryptocurrencies such as WIF and BLP have special qualities, MoonBag’s outstanding presale success has made it the best crypto presale in June 2024. As the platform expands, investing in MoonBag’s presale now presents a good path for large returns and a consistent investment. Invest in MoonBag Presale  Website: MoonBag.org Presale: MoonBag Presale Telegram: https://t.me/moonbag_official Twitter: https://twitter.com/moonbag_org

Best Crypto Presale in June 2024: MoonBag’s Staking Attracts Investors En Masse, Outpacing Dogwif...

Looking for something to change your financial scene? There are many chances in the ever changing realm of cryptocurrency for profitable and transforming investments. The market is active and ready for calculated investments that might influence next trends as we enter June 2024. 

Among the busy field of cryptocurrencies, MoonBag crypto stands out, notably with its incredible presale success this month. MoonBag not only guarantees significant rewards but also creates a strong basis in the market by including strong staking options, therefore displacing rivals Dogwifhat and Blastup trying to keep pace. With its presale gaining traction in the cryptocurrency market, MoonBag has been ranked with having the best crypto presale in June 2024.

Dogwifhat’s Innovative Meme-Based Approach Faces New Competition from MoonBag

With its creative meme-based strategy, which attracts a large audience seeking relatability and humour in their investments, Dogwifhat has found a place in the meme coin market. Its distinctive branding and community involvement policies have set it apart in the meme coin market and built a devoted following with strong internet presence.

However, with its rapid presale expansion, MoonBag is fast becoming a fierce rival to Dogwifhat. MoonBag, which is acknowledged as the best presale in 2024, not only attracts the usual meme coin audience with its brilliant marketing and community rewards but also provides significant technology developments and financial advantages. Unlike Dogwifhat, which mostly concentrates on meme culture for appeal, MoonBag integrates this with strong financial growth strategies, enhanced security protocols, and a transparent governance model.

MoonBag’s Staking Rewards Entice Investors Away from BlastUp’s Decentralized Finance (DeFi) Platform

By means of its distributed finance (DeFi) technology, which provides a suite of financial services devoid of conventional financial intermediaries, BlastUp has become well-known in the cryptocurrency scene. Attracting a committed user base interested in DeFi innovations, the BlastUp platform emphasises on giving users more control over their financial activities and chances for earning via liquidity provision, staking, and more. 

Still, the appealing coin incentives provided by MoonBag’s presale are driving investors away from BlastUp’s DeFi products more and more. Celebrated as the best crypto presale in June 2024, MoonBag goes above traditional DeFi capabilities by combining its cutting-edge technology with extremely valuable tokenomics, therefore encouraging early adoption and ongoing involvement. 

MoonBag Offers Incredible Presale Staking Benefits, Ranks Best crypto Presale in June 2024

With strong liquidity solutions and other user incentives, MoonBag is differentiating itself in the crypto scene. Currently ranking as the best crypto presale in June 2024, the presale highlights MoonBag’s dedication to provide investors a safe and beneficial venue. 

Aside from MoonBag’s presale which has amassed over $1.7M in revenue, its liquidity policies guarantee that transactions stay flexible, therefore reducing typical worries about slippage and market impact. MoonBag’s architecture also allows a great range of features, from digital payments to distributed finance (DeFi) apps, therefore increasing its appeal in many different fields. Those looking to diversify their digital assets should thus choose MoonBag since investors engaged in this presale are positioned to gain from a flexible and dynamic ecosystem.

MoonBag Presale Staking Goes Live, Stake Your Coins For Amazing Rewards

With an outstanding 88% APY, MoonBag’s staking system is unique and offers a significant incentive for coin holders to interact with the network over long terms. This programme is deliberately designed to increase coin retention and support a consistent local economic climate. Investors that take advantage of this profitable staking opportunity not only get large returns but also help the MoonBag ecosystem to be generally healthy and liquid.

How to Buy MBAG Coins

It is pretty simple and straightforward. Install a compatible digital wallet, such as Trust Wallet or MetaMask. Next, visit the MoonBag presale website once your wallet has been set up and link it. Decide how much MBAG coins you want to buy and they will be straightaway transferred to your wallet safely and quickly. 

Boost Your Benefits Using MoonBag’s Referral Programme

The MoonBag referral programme intends to develop and grow its community. Users can ascend the monthly leaderboard and get significant cash prizes by sharing their exclusive referral code. Every new referral also gets an additional 10% MBAG coins, therefore highlighting MoonBag’s dedication to community development and a vibrant presale process. 

Conclusion: MoonBag Presents a Fantastic Opportunity 

MoonBag is becoming really important even if the market for cryptocurrencies is naturally volatile. Although other cryptocurrencies such as WIF and BLP have special qualities, MoonBag’s outstanding presale success has made it the best crypto presale in June 2024. As the platform expands, investing in MoonBag’s presale now presents a good path for large returns and a consistent investment.

Invest in MoonBag Presale 

Website: MoonBag.org

Presale: MoonBag Presale

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org
Daily Market Review: BTC, ETH, DOGE, FIL, ICPBulls are back in control of the markets, as evidenced by the increase in the global market cap. The total cap stood at $2.5T as of press time, representing a 2.79% increase from its previous 24-hour. The trading volume stood at $82.89B as of press time, representing a 12% drop over the last 24 hours. Bitcoin Price Review Bitcoin (BTC) is among the gainers in today’s session, evidenced by its price movements. However, an in-depth analysis shows that the Bitcoin chart indicates a bearish trend, as the price trades below the Ichimoku Cloud. On the other hand, the RSI (Relative Strength Index) is near 50, suggesting a neutral momentum with neither overbought nor oversold conditions. As of press time, the Bitcoin price stood at $69,181, representing a 2.7% jump from its previous 24-hour price. 4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review Ethereum (ETH) is another gainer in today’s session amid the general market recovery. However, an in-depth analysis shows that the Ethereum price has recently moved below the moving average line (20 SMA), indicating a bearish outlook. On the other hand, looking at other indicators, we see that the RSI levels are shallow, hovering around 27, which indicates oversold conditions. As of press time, the Ethereum price stood at $3,579, representing a 2.68% jump from its previous 24-hour price. 4-hour ETH/USD Chart | Source: TradingView Dogecoin Price Review Dogecoin (DOGE) was another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that Dogecoin shows a mixed trend, with the price fluctuating around the Williams Alligator’s moving averages. On the other hand, the RSI is near 50, suggesting a neutral market sentiment. Recent price action is relatively flat, with Dogecoin trading between narrow highs and lows, indicating consolidation. As of press time, the Dogecoin price stood at $0.1477, representing a 7.6% jump from its previous 24-hour price. 4-hour DOGE/USD Chart | Source: TradingView Filecoin Price Review Filecoin (FIL) is another gainer in today’s session, as seen from its price movements. However, an in-depth analysis shows that the Filecoin price is in a downtrend, as indicated by the trading below the Supertrend indicator. On the other hand, the Relative Strength Indicator (RSI) is near 50, indicating neutral conditions. As of press time, the Filecoin price stood at $5.6, representing a 3.44% jump from its previous 24-hour price. 4-hour FIL/USD Chart | Source: TradingView Internet Computer Price Review Internet Computer (ICP) is another gainer in today’s session, as evidenced by its price movements. However, an in-depth analysis shows that the price is bearish, with the pitchfork tool indicating downward pressure. On the other hand, the RSI is just below 50, suggesting slight bearish momentum. As of press time, the Internet Computer price stood at $10.58, representing a 4.6% jump from its previous 24-hour price. 4-hour ICP/USD Chart | Source: TradingView

Daily Market Review: BTC, ETH, DOGE, FIL, ICP

Bulls are back in control of the markets, as evidenced by the increase in the global market cap. The total cap stood at $2.5T as of press time, representing a 2.79% increase from its previous 24-hour. The trading volume stood at $82.89B as of press time, representing a 12% drop over the last 24 hours.

Bitcoin Price Review

Bitcoin (BTC) is among the gainers in today’s session, evidenced by its price movements. However, an in-depth analysis shows that the Bitcoin chart indicates a bearish trend, as the price trades below the Ichimoku Cloud.

On the other hand, the RSI (Relative Strength Index) is near 50, suggesting a neutral momentum with neither overbought nor oversold conditions. As of press time, the Bitcoin price stood at $69,181, representing a 2.7% jump from its previous 24-hour price.

4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review

Ethereum (ETH) is another gainer in today’s session amid the general market recovery. However, an in-depth analysis shows that the Ethereum price has recently moved below the moving average line (20 SMA), indicating a bearish outlook.

On the other hand, looking at other indicators, we see that the RSI levels are shallow, hovering around 27, which indicates oversold conditions. As of press time, the Ethereum price stood at $3,579, representing a 2.68% jump from its previous 24-hour price.

4-hour ETH/USD Chart | Source: TradingView Dogecoin Price Review

Dogecoin (DOGE) was another gainer in today’s session, as seen from its price movements. An in-depth analysis shows that Dogecoin shows a mixed trend, with the price fluctuating around the Williams Alligator’s moving averages.

On the other hand, the RSI is near 50, suggesting a neutral market sentiment. Recent price action is relatively flat, with Dogecoin trading between narrow highs and lows, indicating consolidation. As of press time, the Dogecoin price stood at $0.1477, representing a 7.6% jump from its previous 24-hour price.

4-hour DOGE/USD Chart | Source: TradingView Filecoin Price Review

Filecoin (FIL) is another gainer in today’s session, as seen from its price movements. However, an in-depth analysis shows that the Filecoin price is in a downtrend, as indicated by the trading below the Supertrend indicator.

On the other hand, the Relative Strength Indicator (RSI) is near 50, indicating neutral conditions. As of press time, the Filecoin price stood at $5.6, representing a 3.44% jump from its previous 24-hour price.

4-hour FIL/USD Chart | Source: TradingView Internet Computer Price Review

Internet Computer (ICP) is another gainer in today’s session, as evidenced by its price movements. However, an in-depth analysis shows that the price is bearish, with the pitchfork tool indicating downward pressure.

On the other hand, the RSI is just below 50, suggesting slight bearish momentum. As of press time, the Internet Computer price stood at $10.58, representing a 4.6% jump from its previous 24-hour price.

4-hour ICP/USD Chart | Source: TradingView
Rising From CoinMarketCap to CoinSniper: BlockDAG Rockets 1120% Surge, Outdoing Polygon, and Pyth...As Polygon (MATIC) enjoys a rise in user numbers amidst falling DeFi activity and revenues, Pyth Network’s value has made a significant rebound, affirming its strength in the DeFi sector. Amid these dynamics, BlockDAG (BDAG) has impressively emerged, boasting a price increase of 1120% from its initial to its eighteenth batch, gathering over $49.2 million and distributing more than 11.3 billion BDAG coins. This notable growth has thrust BlockDAG into the limelight on CoinSniper, shortly after being listed on CoinMarketCap. Polygon Approaches 10 Million Users Amid Challenges Despite its escalating popularity, Polygon is navigating significant challenges with a downturn in DeFi activities, DEX volumes, Total Value Locked (TVL), and overall revenue, which may impact its scalability and future development. The increase in user engagement contrasts with the diminishing state of DeFi on its network, as recent data indicate a reduction in DEX volumes and a decline in daily TVL from $1 billion to $942 million, leading to lower network revenue and posing hurdles for its progression. Pyth Network’s Notable Value Surge  Pyth Network has witnessed a formidable recovery, now valued at over $7 billion and becoming a favored real-time price data source for blockchain developers on more than 50 platforms. This comeback from a low of under $400 million in 2023 marks a significant turnaround. The network’s expansion is underscored by a rise in active users and support for more blockchains over the past year, complemented by an increasing number of data providers and a wide range of price feeds, establishing Pyth Network as an essential player in the DeFi space. BlockDAG’s Rise: From Global Promotions to Dominance on CoinSniper  BlockDAG has rapidly risen to the top of CoinSniper’s rankings, securing its role as a major player in the cryptocurrency market. The project’s remarkable path began with a striking event at Tokyo’s Shibuya Crossing to launch its first keynote, followed by another significant event at the Sphere in Las Vegas to celebrate its DAGPaper V2.  Furthering its promotional campaign, BlockDAG also made an impact at Piccadilly Circus in London and recently captivated the crypto community with its innovative second keynote, broadcast ‘from the moon.’ These strategic marketing efforts have significantly elevated BlockDAG’s visibility and influence in the market. These focused marketing efforts combined with growing investor interest have propelled BlockDAG to the top of the CoinSniper listings, solidifying its premier status. Being featured on CoinMarketCap confirms the project’s adherence to its strategic goals and roadmap. BlockDAG’s presale has quickly advanced, starting from Batch 1 at $0.001 and rising with each batch. The current Batch 18 is priced at $0.0122, representing an 1120% increase from the initial batch.  This substantial growth has attracted significant investment, leading to a presale revenue of $49.2 million and the distribution of over 11.3 billion BDAG coins. BlockDAG’s comprehensive approach to engaging both investors and miners has reinforced its market position and credibility. Achieving the top spot on CoinSniper further cements BlockDAG’s strong market presence. Final Thoughts  BlockDAG’s exceptional progression and strategic marketing initiatives have positioned it as a leader in the cryptocurrency market. While Polygon sees growth in users and Pyth Network shows a robust recovery, BlockDAG’s significant presale surge and the successful distribution of 11.3 billion BDAG coins highlight its potential to reshape the digital asset landscape. In this altcoin season, BlockDAG continues to set new benchmarks, marking it as a key investment target for those seeking dynamic and innovative cryptocurrency options. Invest in the BlockDAG Presale Now: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu

Rising From CoinMarketCap to CoinSniper: BlockDAG Rockets 1120% Surge, Outdoing Polygon, and Pyth...

As Polygon (MATIC) enjoys a rise in user numbers amidst falling DeFi activity and revenues, Pyth Network’s value has made a significant rebound, affirming its strength in the DeFi sector. Amid these dynamics, BlockDAG (BDAG) has impressively emerged, boasting a price increase of 1120% from its initial to its eighteenth batch, gathering over $49.2 million and distributing more than 11.3 billion BDAG coins. This notable growth has thrust BlockDAG into the limelight on CoinSniper, shortly after being listed on CoinMarketCap.

Polygon Approaches 10 Million Users Amid Challenges

Despite its escalating popularity, Polygon is navigating significant challenges with a downturn in DeFi activities, DEX volumes, Total Value Locked (TVL), and overall revenue, which may impact its scalability and future development. The increase in user engagement contrasts with the diminishing state of DeFi on its network, as recent data indicate a reduction in DEX volumes and a decline in daily TVL from $1 billion to $942 million, leading to lower network revenue and posing hurdles for its progression.

Pyth Network’s Notable Value Surge 

Pyth Network has witnessed a formidable recovery, now valued at over $7 billion and becoming a favored real-time price data source for blockchain developers on more than 50 platforms. This comeback from a low of under $400 million in 2023 marks a significant turnaround. The network’s expansion is underscored by a rise in active users and support for more blockchains over the past year, complemented by an increasing number of data providers and a wide range of price feeds, establishing Pyth Network as an essential player in the DeFi space.

BlockDAG’s Rise: From Global Promotions to Dominance on CoinSniper 

BlockDAG has rapidly risen to the top of CoinSniper’s rankings, securing its role as a major player in the cryptocurrency market. The project’s remarkable path began with a striking event at Tokyo’s Shibuya Crossing to launch its first keynote, followed by another significant event at the Sphere in Las Vegas to celebrate its DAGPaper V2. 

Furthering its promotional campaign, BlockDAG also made an impact at Piccadilly Circus in London and recently captivated the crypto community with its innovative second keynote, broadcast ‘from the moon.’ These strategic marketing efforts have significantly elevated BlockDAG’s visibility and influence in the market.

These focused marketing efforts combined with growing investor interest have propelled BlockDAG to the top of the CoinSniper listings, solidifying its premier status. Being featured on CoinMarketCap confirms the project’s adherence to its strategic goals and roadmap. BlockDAG’s presale has quickly advanced, starting from Batch 1 at $0.001 and rising with each batch. The current Batch 18 is priced at $0.0122, representing an 1120% increase from the initial batch. 

This substantial growth has attracted significant investment, leading to a presale revenue of $49.2 million and the distribution of over 11.3 billion BDAG coins. BlockDAG’s comprehensive approach to engaging both investors and miners has reinforced its market position and credibility. Achieving the top spot on CoinSniper further cements BlockDAG’s strong market presence.

Final Thoughts 

BlockDAG’s exceptional progression and strategic marketing initiatives have positioned it as a leader in the cryptocurrency market. While Polygon sees growth in users and Pyth Network shows a robust recovery, BlockDAG’s significant presale surge and the successful distribution of 11.3 billion BDAG coins highlight its potential to reshape the digital asset landscape. In this altcoin season, BlockDAG continues to set new benchmarks, marking it as a key investment target for those seeking dynamic and innovative cryptocurrency options.

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu
Solana Meme Coins BONK and BOME See Outflows As Ethereum’s Raboo Attracts InflowsSolana meme coins Bonk and Book Of Meme (BOME) have done very well since their inception. But the market has turned, and Solana meme coins are not nearly as well-received as they were mere months ago. The BOME coin price dipped sharply, and Bonk has lost its bite. Fortunately, number two crypto Etheruem’s meme coins are doing well. Investors are stocking up on both established coins and presale options like the one offered by Raboo, a new meme-fi AI token ready to make massive returns.  Bonk (BONK): Massive Gainer Lose Almost Half Its Value Bonk, one of the first Solana meme coins, did absolutely nothing when it was released on the open market. No, Bonk did worse than nothing. In the first ten months, Bonk lost over 50% of its value. Bonk was worth nothing. Then that nothing exploded! Within 13 months, Bonk went from its ATL to its ATH, returning a massive 31,331%! $3,750 in Bonk in October would have spat out a cool million by March.  Solana meme coins got credibility! But then, in the midst of a meme coin frenzy where other coins were reaching even higher, Bonk lost 40% of its value in a mere three weeks, as profit-taking and outflow put downward pressure on the Bonk price. Solana meme coins are not going anywhere, and Bonk’s tale is not done, but outflow sees the opportunity for other investments.  Book Of Meme (BOME): Massive spike slows down.  The big player among the Solana meme coins is BookOfMeme – or just BOME. Right now, the BOME coin price is trading at an eye-watering 64% below ATH. But look at BOME long term, and it sings a different tune. Even at 64% below ATH, BOME returned over 1000%.   The math makes for fascinating reading. If one had $2,200 in BOME on 14 March, one would have been able to declare oneself a millionaire less than 48 hours later! And then, two days later, you would have lost half that, and the BOME coin price has been on a steady decline since. This is the trend with most of the Solana meme coins: massive growth leading to slow decline.  Raboo (RABT): A meme coin for the future Challenging Solana meme coins are Ethereum meme coins, and at the top of the hill right now is Raboo, a meme-fi AI crypto setting the presale world ablaze with solid tokenomics and the promise of a better meme!  Bottom line: Raboo’s memes are a game-changer in the crypto world. Raboo combines advanced AI with cutting-edge creativity to curate and generate top-tier memes that are always fresh, relevant, and incredibly… They’re dank! The dankest memes in meme land are found on the Raboo chain. Those who understand the $50 billion meme coin market will get that memes are not valueless but the currency of Generation Z and internet culture.   This dynamic content and engagement with the digital natives of Gen Z makes Raboo the hottest crypto on the face of the planet right now. The AI-driven approach also means Raboo can adapt and grow with user preferences, maintaining its edge in a digital landscape that is always one step ahead of the pack. Raboo’s unique blend of technology and creativity makes it a compelling choice for anyone looking to invest in a token that delivers more than just memes but rock-solid financial value. Conclusion: The meme market is scorching despite the Solana meme coins losing traction. The Bome coin price is on a downward trend, and Bonk’s days may be over, but the Raboo presale is where intelligent investors can get hold of $RABT tokens, joining 2,500 other token holders who already supplied $1.6 million of liquidity to the Raboo ecosystem. At only $0.0048, can you afford not to buy Raboo?  You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortalTwitter: https://twitter.com/Raboo_Official

Solana Meme Coins BONK and BOME See Outflows As Ethereum’s Raboo Attracts Inflows

Solana meme coins Bonk and Book Of Meme (BOME) have done very well since their inception. But the market has turned, and Solana meme coins are not nearly as well-received as they were mere months ago. The BOME coin price dipped sharply, and Bonk has lost its bite. Fortunately, number two crypto Etheruem’s meme coins are doing well. Investors are stocking up on both established coins and presale options like the one offered by Raboo, a new meme-fi AI token ready to make massive returns. 

Bonk (BONK): Massive Gainer Lose Almost Half Its Value

Bonk, one of the first Solana meme coins, did absolutely nothing when it was released on the open market. No, Bonk did worse than nothing. In the first ten months, Bonk lost over 50% of its value. Bonk was worth nothing. Then that nothing exploded! Within 13 months, Bonk went from its ATL to its ATH, returning a massive 31,331%! $3,750 in Bonk in October would have spat out a cool million by March. 

Solana meme coins got credibility! But then, in the midst of a meme coin frenzy where other coins were reaching even higher, Bonk lost 40% of its value in a mere three weeks, as profit-taking and outflow put downward pressure on the Bonk price. Solana meme coins are not going anywhere, and Bonk’s tale is not done, but outflow sees the opportunity for other investments. 

Book Of Meme (BOME): Massive spike slows down. 

The big player among the Solana meme coins is BookOfMeme – or just BOME. Right now, the BOME coin price is trading at an eye-watering 64% below ATH. But look at BOME long term, and it sings a different tune. Even at 64% below ATH, BOME returned over 1000%.  

The math makes for fascinating reading. If one had $2,200 in BOME on 14 March, one would have been able to declare oneself a millionaire less than 48 hours later! And then, two days later, you would have lost half that, and the BOME coin price has been on a steady decline since. This is the trend with most of the Solana meme coins: massive growth leading to slow decline. 

Raboo (RABT): A meme coin for the future

Challenging Solana meme coins are Ethereum meme coins, and at the top of the hill right now is Raboo, a meme-fi AI crypto setting the presale world ablaze with solid tokenomics and the promise of a better meme! 

Bottom line: Raboo’s memes are a game-changer in the crypto world. Raboo combines advanced AI with cutting-edge creativity to curate and generate top-tier memes that are always fresh, relevant, and incredibly… They’re dank! The dankest memes in meme land are found on the Raboo chain. Those who understand the $50 billion meme coin market will get that memes are not valueless but the currency of Generation Z and internet culture.  

This dynamic content and engagement with the digital natives of Gen Z makes Raboo the hottest crypto on the face of the planet right now. The AI-driven approach also means Raboo can adapt and grow with user preferences, maintaining its edge in a digital landscape that is always one step ahead of the pack.

Raboo’s unique blend of technology and creativity makes it a compelling choice for anyone looking to invest in a token that delivers more than just memes but rock-solid financial value.

Conclusion:

The meme market is scorching despite the Solana meme coins losing traction. The Bome coin price is on a downward trend, and Bonk’s days may be over, but the Raboo presale is where intelligent investors can get hold of $RABT tokens, joining 2,500 other token holders who already supplied $1.6 million of liquidity to the Raboo ecosystem. At only $0.0048, can you afford not to buy Raboo? 

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortalTwitter: https://twitter.com/Raboo_Official
Investor Sentiment Declines As Bitcoin Struggles Below $72KInvestor sentiment in the cryptocurrency market, particularly concerning Bitcoin and altcoins, is experiencing a notable decline, as observed by CryptoQuant. Recently, Bitcoin has failed to surpass the $72,000 mark. As a result, market participants are becoming increasingly cautious about the market’s future trajectory. Weakening investment sentiment among $BTC & altcoin market participants“After reaching a peak in March, it has decreased significantly due to #Bitcoin's correction & sideways movement over a period of three months.” – By @DanCoinInvestorLink 👇https://t.co/4dUs6tzkCx — CryptoQuant.com (@cryptoquant_com) June 12, 2024 Drop in Bitcoin Active Addresses Indicates Market Uncertainty One big signal that confirms this sentiment is the active Bitcoin addresses. This is the number of wallets that actively use their wallets to either spend or transfer. But this figure has since plummeted from a record high in March. The drop is mostly driven by Bitcoin’s last 3 months of correction. Although Bitcoin’s sentiment is weakening, the overall state of altcoin investors may be even worse off. This combined with the ongoing malaise in the altcoin market only increases the doom and gloom sentiment from speculators, resulting in a fear of moving in any direction. Forecasting the market and its further movement after such adjustment period is rather a difficult task for investors. These phases, as historical data suggests, come to an end when the confidence is low, a situation that is becoming more evident in the present period. Determining the exact time period is less certain. On the other hand, the decline in investor confidence might be signaling the end of this phase of funding. Analysts Eye Bitcoin’s Impact on Crypto Market The future of Bitcoin and the future of altcoins are strongly interconnected. In general, if Bitcoin has a clear trend, altcoins will also make it, strengthening its movement. This is the reason why analysts are keenly awaiting the performance of Bitcoin for any such big news. This could be an indication for the direction that broader cryptocurrency could take in the second half of 2024. Though there is an air of uncertainty still lingering in the markets. Some analysts have retained a sense of cautious optimism. They claim drawdowns and corrections are still a part of the natural cycle of the crypto world. Given the traditional volatility and cyclical patterns in the cryptocurrency market, consolidation tends to precede upswings. Despite these remaining challenges, a large number of investors are long-term optimistic on the product, believing that the product has a significant amount of growth ahead.

Investor Sentiment Declines As Bitcoin Struggles Below $72K

Investor sentiment in the cryptocurrency market, particularly concerning Bitcoin and altcoins, is experiencing a notable decline, as observed by CryptoQuant. Recently, Bitcoin has failed to surpass the $72,000 mark. As a result, market participants are becoming increasingly cautious about the market’s future trajectory.

Weakening investment sentiment among $BTC & altcoin market participants“After reaching a peak in March, it has decreased significantly due to #Bitcoin's correction & sideways movement over a period of three months.” – By @DanCoinInvestorLink 👇https://t.co/4dUs6tzkCx

— CryptoQuant.com (@cryptoquant_com) June 12, 2024

Drop in Bitcoin Active Addresses Indicates Market Uncertainty

One big signal that confirms this sentiment is the active Bitcoin addresses. This is the number of wallets that actively use their wallets to either spend or transfer. But this figure has since plummeted from a record high in March. The drop is mostly driven by Bitcoin’s last 3 months of correction.

Although Bitcoin’s sentiment is weakening, the overall state of altcoin investors may be even worse off. This combined with the ongoing malaise in the altcoin market only increases the doom and gloom sentiment from speculators, resulting in a fear of moving in any direction.

Forecasting the market and its further movement after such adjustment period is rather a difficult task for investors. These phases, as historical data suggests, come to an end when the confidence is low, a situation that is becoming more evident in the present period. Determining the exact time period is less certain. On the other hand, the decline in investor confidence might be signaling the end of this phase of funding.

Analysts Eye Bitcoin’s Impact on Crypto Market

The future of Bitcoin and the future of altcoins are strongly interconnected. In general, if Bitcoin has a clear trend, altcoins will also make it, strengthening its movement. This is the reason why analysts are keenly awaiting the performance of Bitcoin for any such big news. This could be an indication for the direction that broader cryptocurrency could take in the second half of 2024.

Though there is an air of uncertainty still lingering in the markets. Some analysts have retained a sense of cautious optimism. They claim drawdowns and corrections are still a part of the natural cycle of the crypto world.

Given the traditional volatility and cyclical patterns in the cryptocurrency market, consolidation tends to precede upswings. Despite these remaining challenges, a large number of investors are long-term optimistic on the product, believing that the product has a significant amount of growth ahead.
PixelVerse Collects $5.5M From Top VCs to Drive Worldwide Web3 Gaming ExpansionPixelVerse, a developing game ecosystem and entertainment studio, has concluded a funding round. As per the platform, the funding round, driven by tier-1 venture capital funds and well-known founders within the Web3 and gaming sector, reportedly raised $5.5M to grow the Web3 gaming realm. In addition to this, Pixelverse has allured more than 15M consumers in just its initial operational month. PixelVerse Obtains $5.5M in a Funding Round to Grow Web3 Gaming across the Globe The prominent investors took into account Mechanism Capital, Merti Circle, and Delphi Ventures. The other participants included Foresight Ventures, LiquidX, Big Brain Holdings, Ghaf Capital, and Bitscale Capital. In addition to this, some angel investors also participated in the funding round. They included James Kwon, Grail, DCF GOD, Dingaling, Luca Netz, and The Sandbox founder Sebastien Borget. The funding round takes place at a moment when the platform is witnessing significant progress. The quest-based browser of Pixelverse as well as Telegram games currently possess above 15M registered consumers. Additionally, there are more than 5M regularly active users. The platform has reportedly obtained an important position as an innovator within the Web3 gaming segment. The Platform Aims at Transitioning 100M Web2 Game Players to the Web3 Ecosystem It has been swiftly achieving wide adoption in the mainstream. As per the reports, Pixelverse intends to become the earliest forum transitioning 100M Web2 game players to the Web3 ecosystem. In this way, the company is transforming the concept of broad adoption from a meme into a hard reality. Pixelverse chief operating officer Kori Leon, who had also served on the Binance Listing team remarked on this development. The executive mentioned that he never witnessed a firm with such resilient adoption in just a short time. As per him, Pixelverse operates as a game-changing forum to accelerate Web3 adoption. He added that the platform is growing the user base apart from establishing comprehensive interactions and links within the community. According to Leon, the conclusion of the respective funding will permit the company to widen the adoption plan. Delphi Ventures’ Piers Kicks stated that they leverage the distribution of Telegram to bring a great number of audiences into the ecosystem. Pixelverse works at the intersection of SocialFi and GameFi with a Tap-to-Earn mechanism.

PixelVerse Collects $5.5M From Top VCs to Drive Worldwide Web3 Gaming Expansion

PixelVerse, a developing game ecosystem and entertainment studio, has concluded a funding round. As per the platform, the funding round, driven by tier-1 venture capital funds and well-known founders within the Web3 and gaming sector, reportedly raised $5.5M to grow the Web3 gaming realm. In addition to this, Pixelverse has allured more than 15M consumers in just its initial operational month.

PixelVerse Obtains $5.5M in a Funding Round to Grow Web3 Gaming across the Globe

The prominent investors took into account Mechanism Capital, Merti Circle, and Delphi Ventures. The other participants included Foresight Ventures, LiquidX, Big Brain Holdings, Ghaf Capital, and Bitscale Capital. In addition to this, some angel investors also participated in the funding round. They included James Kwon, Grail, DCF GOD, Dingaling, Luca Netz, and The Sandbox founder Sebastien Borget.

The funding round takes place at a moment when the platform is witnessing significant progress. The quest-based browser of Pixelverse as well as Telegram games currently possess above 15M registered consumers. Additionally, there are more than 5M regularly active users. The platform has reportedly obtained an important position as an innovator within the Web3 gaming segment.

The Platform Aims at Transitioning 100M Web2 Game Players to the Web3 Ecosystem

It has been swiftly achieving wide adoption in the mainstream. As per the reports, Pixelverse intends to become the earliest forum transitioning 100M Web2 game players to the Web3 ecosystem. In this way, the company is transforming the concept of broad adoption from a meme into a hard reality. Pixelverse chief operating officer Kori Leon, who had also served on the Binance Listing team remarked on this development.

The executive mentioned that he never witnessed a firm with such resilient adoption in just a short time. As per him, Pixelverse operates as a game-changing forum to accelerate Web3 adoption. He added that the platform is growing the user base apart from establishing comprehensive interactions and links within the community.

According to Leon, the conclusion of the respective funding will permit the company to widen the adoption plan. Delphi Ventures’ Piers Kicks stated that they leverage the distribution of Telegram to bring a great number of audiences into the ecosystem. Pixelverse works at the intersection of SocialFi and GameFi with a Tap-to-Earn mechanism.
Bitcoin Stalls At $72K: Is This the Calm Before the Crypto Storm?Recent data from CryptoQuant provides crucial insights into the current market dynamics, particularly focusing on Bitcoin’s performance. Following a failed attempt to breach the $72,000 mark, there’s been a noticeable downturn in investment sentiment among market participants.  This trend is evidenced by the significant decline in the number of active Bitcoin addresses—a key indicator of market engagement. Active addresses peaked in March but have since dwindled, illustrating a broader disinterest as Bitcoin remains trapped in a cycle of correction and lateral trading over the last quarter. Implications for Altcoins and Market Adjustment The ripple effects of Bitcoin’s stagnation extend beyond the flagship cryptocurrency to impact the broader altcoin market. Altcoins, which often echo Bitcoin’s market movements but with amplified intensity, are experiencing even lower investor sentiment.  The adjustment period in the crypto market is characterized by a decline in the psychological engagement of investors, which traditionally signals a nearing end to such phases. However, pinpointing the exact timing for a turnaround remains a challenge. Weakening investment sentiment among $BTC & altcoin market participants“After reaching a peak in March, it has decreased significantly due to #Bitcoin's correction & sideways movement over a period of three months.” – By @DanCoinInvestorLink 👇https://t.co/4dUs6tzkCx — CryptoQuant.com (@cryptoquant_com) June 12, 2024 CryptoQuant analysts suggest that a significant shift in Bitcoin’s trajectory could set the stage for movement across the altcoin spectrum. The sentiment shared across trading desks is one of cautious anticipation.  The market is poised for a directional shift, which is expected to unfold in the latter half of 2024, dictating the subsequent movements of both Bitcoin and its altcoin counterparts. This period of consolidation could indeed be the calm before a decisive storm, setting the stage for the next major rally or correction in the crypto universe.

Bitcoin Stalls At $72K: Is This the Calm Before the Crypto Storm?

Recent data from CryptoQuant provides crucial insights into the current market dynamics, particularly focusing on Bitcoin’s performance. Following a failed attempt to breach the $72,000 mark, there’s been a noticeable downturn in investment sentiment among market participants. 

This trend is evidenced by the significant decline in the number of active Bitcoin addresses—a key indicator of market engagement. Active addresses peaked in March but have since dwindled, illustrating a broader disinterest as Bitcoin remains trapped in a cycle of correction and lateral trading over the last quarter.

Implications for Altcoins and Market Adjustment

The ripple effects of Bitcoin’s stagnation extend beyond the flagship cryptocurrency to impact the broader altcoin market. Altcoins, which often echo Bitcoin’s market movements but with amplified intensity, are experiencing even lower investor sentiment. 

The adjustment period in the crypto market is characterized by a decline in the psychological engagement of investors, which traditionally signals a nearing end to such phases. However, pinpointing the exact timing for a turnaround remains a challenge.

Weakening investment sentiment among $BTC & altcoin market participants“After reaching a peak in March, it has decreased significantly due to #Bitcoin's correction & sideways movement over a period of three months.” – By @DanCoinInvestorLink 👇https://t.co/4dUs6tzkCx

— CryptoQuant.com (@cryptoquant_com) June 12, 2024

CryptoQuant analysts suggest that a significant shift in Bitcoin’s trajectory could set the stage for movement across the altcoin spectrum. The sentiment shared across trading desks is one of cautious anticipation. 

The market is poised for a directional shift, which is expected to unfold in the latter half of 2024, dictating the subsequent movements of both Bitcoin and its altcoin counterparts. This period of consolidation could indeed be the calm before a decisive storm, setting the stage for the next major rally or correction in the crypto universe.
BlockDAG Challenges Kaspa With $49.2 Million in Presale As Momentum Builds for Solana-based WIFBlockDAG is charting a remarkable path in the cryptocurrency landscape, driven by its strategic direction and groundbreaking advancements, establishing it as the investment of choice.  While Dogwifhat (WIF) rides a wave of increased trading volumes and Kaspa (KAS) hints at potential market growth, BlockDAG has excelled in its presale phase and continues to innovate, making it the top candidate for investors. Key achievements, including strategic alliances and high return potential, position BlockDAG for unmatched growth. Dogwifhat Accelerates with Increased Trading Volume & Rising Prices The meme coin sector is abuzz with news about Dogwifhat (WIF), as it sees a 39% jump in trading volume, reaching $2.68 billion, indicating rising investor interest. This surge is a positive sign of investor confidence in the coin’s future. At present, WIF stands at $3.75, marking a 6.76% increase over the past day.  In the last month alone, its value has risen by 40%, showing a robust upward trajectory. Additionally, there’s a 14.15% increase in Open Interest, suggesting more traders are betting on WIF’s continued success. Investors might consider WIF due to its notable growth, vibrant community presence, and the benefits offered by the Solana blockchain, such as quick transaction times and lower fees. Kaspa (KAS) Poised for a High in the Bull Market According to crypto analyst “The Man With A Ball,” Kaspa (KAS) is set to reach between $5 and $7 in this market cycle, based on past market cap trends and its future prospects. In previous cycles, the cryptocurrency market peaked at $533.931 billion in 2017-2018 and climbed to $2.618 trillion in 2021.  Should the total market cap approach $7 trillion, Kaspa stands to gain a significant portion of the market. With a potential 4% market share, Kaspa’s market cap could soar to $280 billion. This positive forecast underlines Kaspa’s significant growth potential and suggests that KAS could be a strong candidate for investors looking to capitalise on the expanding crypto market. BlockDAG’s Strategic Partnerships & Vision for Future Expansion BlockDAG’s recent presale has caused quite a stir in the cryptocurrency community. The BDAG coin’s value rocketed from $0.001 to $0.0122, marking ann 1120% increase in weeks. The excitement was first sparked at a keynote in Tokyo’s Shibuya Crossing, where BlockDAG’s plans and vision were unveiled, presenting an advanced decentralized ecosystem and energy-efficient mining solutions. Another notable event was held at the Las Vegas Sphere, celebrating the release of its detailed technical whitepaper, which addresses scalability, security, and decentralization. More recently, a keynote from the moon emphasized the importance of strategic alliances and the projection for future growth, showcasing a significant partnership with Plus Wallet to provide secure and adaptable transaction solutions. This partnership will enhance BlockDAG’s ecosystem by ensuring smooth and secure transactions for its expanding user base.  The keynote also elaborated on BlockDAG’s ambitious growth initiatives, including the upcoming mainnet launch and the BlockDAG Explorer and X1 Miner applications, which are expected to draw further investor interest and boost community involvement. With over $49.2 million amassed and the price now at $0.0122 in Batch 18, BlockDAG presents a compelling investment opportunity. What’s Next? BlockDAG’s comprehensive strategic actions and innovative technologies secure its position as the foremost investment among its peers. While Dogwifhat’s surge in activity and Kaspa’s market potential are noteworthy, BlockDAG’s successful presale and ambitious development plans underscore its superior growth prospects. With expert predictions supporting its advancements and robust development strategy, BlockDAG is identified as the optimal choice for investors seeking significant returns in the rapidly evolving cryptocurrency market. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

BlockDAG Challenges Kaspa With $49.2 Million in Presale As Momentum Builds for Solana-based WIF

BlockDAG is charting a remarkable path in the cryptocurrency landscape, driven by its strategic direction and groundbreaking advancements, establishing it as the investment of choice. 

While Dogwifhat (WIF) rides a wave of increased trading volumes and Kaspa (KAS) hints at potential market growth, BlockDAG has excelled in its presale phase and continues to innovate, making it the top candidate for investors. Key achievements, including strategic alliances and high return potential, position BlockDAG for unmatched growth.

Dogwifhat Accelerates with Increased Trading Volume & Rising Prices

The meme coin sector is abuzz with news about Dogwifhat (WIF), as it sees a 39% jump in trading volume, reaching $2.68 billion, indicating rising investor interest. This surge is a positive sign of investor confidence in the coin’s future. At present, WIF stands at $3.75, marking a 6.76% increase over the past day. 

In the last month alone, its value has risen by 40%, showing a robust upward trajectory. Additionally, there’s a 14.15% increase in Open Interest, suggesting more traders are betting on WIF’s continued success. Investors might consider WIF due to its notable growth, vibrant community presence, and the benefits offered by the Solana blockchain, such as quick transaction times and lower fees.

Kaspa (KAS) Poised for a High in the Bull Market

According to crypto analyst “The Man With A Ball,” Kaspa (KAS) is set to reach between $5 and $7 in this market cycle, based on past market cap trends and its future prospects. In previous cycles, the cryptocurrency market peaked at $533.931 billion in 2017-2018 and climbed to $2.618 trillion in 2021. 

Should the total market cap approach $7 trillion, Kaspa stands to gain a significant portion of the market. With a potential 4% market share, Kaspa’s market cap could soar to $280 billion. This positive forecast underlines Kaspa’s significant growth potential and suggests that KAS could be a strong candidate for investors looking to capitalise on the expanding crypto market.

BlockDAG’s Strategic Partnerships & Vision for Future Expansion

BlockDAG’s recent presale has caused quite a stir in the cryptocurrency community. The BDAG coin’s value rocketed from $0.001 to $0.0122, marking ann 1120% increase in weeks. The excitement was first sparked at a keynote in Tokyo’s Shibuya Crossing, where BlockDAG’s plans and vision were unveiled, presenting an advanced decentralized ecosystem and energy-efficient mining solutions. Another notable event was held at the Las Vegas Sphere, celebrating the release of its detailed technical whitepaper, which addresses scalability, security, and decentralization.

More recently, a keynote from the moon emphasized the importance of strategic alliances and the projection for future growth, showcasing a significant partnership with Plus Wallet to provide secure and adaptable transaction solutions.

This partnership will enhance BlockDAG’s ecosystem by ensuring smooth and secure transactions for its expanding user base. 

The keynote also elaborated on BlockDAG’s ambitious growth initiatives, including the upcoming mainnet launch and the BlockDAG Explorer and X1 Miner applications, which are expected to draw further investor interest and boost community involvement. With over $49.2 million amassed and the price now at $0.0122 in Batch 18, BlockDAG presents a compelling investment opportunity.

What’s Next?

BlockDAG’s comprehensive strategic actions and innovative technologies secure its position as the foremost investment among its peers. While Dogwifhat’s surge in activity and Kaspa’s market potential are noteworthy, BlockDAG’s successful presale and ambitious development plans underscore its superior growth prospects. With expert predictions supporting its advancements and robust development strategy, BlockDAG is identified as the optimal choice for investors seeking significant returns in the rapidly evolving cryptocurrency market.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu
SxT Introduces Proof of SQL V1: Fastest ZK Prover Under 1 SecondSpace and Time (SxT) recently announced the release of Proof of SQL v1. This is the very first system of zero-knowledge (ZK) prover which can deal in less than a second. This is a serious improvement, considering the long time taken by current methods to generate proof which takes normally around 30 minutes. It is open as a product to the whole open-source community. Proof of SQL Ensures Data Integrity for Developers The Proof of SQL protocol majorly focuses on preserving the integrity of data by verifying SQL queries are computed correctly against the original untampered data. This enables developers to accurately perform computations on on-chain and off-chain data far faster than available from the market leaders. This has made Proof of SQL the fastest ZK proof of its kind. Space and Time is a provable computing layer optimized for AI and blockchain. It has raised $20 million from Microsoft. It is focused on making AI models safer, more auditable and more verifiable. With the help of large language models (LLMs), developers can make dashboards or other cross-chain analytics quickly and comfortably. SxC’s Proof of SQL protocol ensures the correctness of SQL database queries from an untampered data source, and was developed by SxT. This allows developers to perform computations on both on-chain and off-chain datasets in a trustless way, with the results proving themselves back to smart contracts during transactions. This innovation makes more advanced DeFi protocols available with data-driven smart contracts. Jay White Highlights Impact of Sub-Second ZK Proofs Jay White is Co-Founder and Head of Research at SxT. He highlighted the importance of this development. As White describes, the ability to generate sub-second ZK proofs will allow smart contracts and AI agents to access both on-chain state and external data. The SxT cryptography team recently completed testing. It shows that protocol can run analytic queries over 100,000-row tables on a single GPU in less than a second. Proof of SQL was first released as an alpha to a select group of SxT customers. Ultimately, Proof of SQL is already protecting some of the most well-known Web3 apps, financial institutions, and businesses. It can be included into any type of SQL database, whether it is centralized or decentralized.

SxT Introduces Proof of SQL V1: Fastest ZK Prover Under 1 Second

Space and Time (SxT) recently announced the release of Proof of SQL v1. This is the very first system of zero-knowledge (ZK) prover which can deal in less than a second. This is a serious improvement, considering the long time taken by current methods to generate proof which takes normally around 30 minutes. It is open as a product to the whole open-source community.

Proof of SQL Ensures Data Integrity for Developers

The Proof of SQL protocol majorly focuses on preserving the integrity of data by verifying SQL queries are computed correctly against the original untampered data. This enables developers to accurately perform computations on on-chain and off-chain data far faster than available from the market leaders. This has made Proof of SQL the fastest ZK proof of its kind.

Space and Time is a provable computing layer optimized for AI and blockchain. It has raised $20 million from Microsoft. It is focused on making AI models safer, more auditable and more verifiable. With the help of large language models (LLMs), developers can make dashboards or other cross-chain analytics quickly and comfortably.

SxC’s Proof of SQL protocol ensures the correctness of SQL database queries from an untampered data source, and was developed by SxT. This allows developers to perform computations on both on-chain and off-chain datasets in a trustless way, with the results proving themselves back to smart contracts during transactions. This innovation makes more advanced DeFi protocols available with data-driven smart contracts.

Jay White Highlights Impact of Sub-Second ZK Proofs

Jay White is Co-Founder and Head of Research at SxT. He highlighted the importance of this development. As White describes, the ability to generate sub-second ZK proofs will allow smart contracts and AI agents to access both on-chain state and external data.

The SxT cryptography team recently completed testing. It shows that protocol can run analytic queries over 100,000-row tables on a single GPU in less than a second. Proof of SQL was first released as an alpha to a select group of SxT customers. Ultimately, Proof of SQL is already protecting some of the most well-known Web3 apps, financial institutions, and businesses. It can be included into any type of SQL database, whether it is centralized or decentralized.
XRPL Unveils EVM Sidechain to Enhance Interoperability With Axelar BridgeIn a significant development for blockchain interoperability, Team Ripple announced on June 12, 2024, the integration of Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This advancement, encapsulated in the newly named XRPL EVM Sidechain, is poised to enhance the ledger’s utility by broadening its reach into decentralized finance (DeFi) and real-world asset (RWA) tokenization. Emphasizing the belief that the future of blockchain is inherently multi-chain, Ripple’s update fulfills a key demand from its developer community. The XRPL EVM Sidechain aims to facilitate seamless asset transfers and operational efficiency between XRPL and EVM platforms, with wrapped XRP (eXRP) serving as the native asset and the gas token. 2/ The @Ripple engineering team, in collaboration with @Peersyst, is focused on ensuring the security and seamless user experience of the #XRPL EVM Sidechain. With wrapped XRP as the native asset, we're prioritizing a smooth and secure bridging process. — RippleX 📍#XRPLApex (@RippleXDev) June 12, 2024 The XRPL EVM Sidechain will connect to the XRPL mainnet using the Axelar Bridge. This bridge is critical for enabling the transfer of assets and ensuring interoperability across networks. It leverages a network of validators to maintain security and efficiency, with eXRP easing the process as the primary medium for transaction fees on the sidechain. As the launch nears, Ripple focuses on safeguarding the bridge to the mainnet and refining the overall experience for both users and developers. The collaboration with Axelar is a strategic move to utilize their proven bridge technology, recognized for its robustness and integrated by significant platforms like Uniswap and Microsoft. Collaborative Efforts and Future Plans The engineering collaboration with Peersyst Technology aims to enhance the sidechain’s interoperability capabilities. Peersyst CEO, Ferran Prat, highlighted the transition to Axelar for developing network bridges, underscoring the importance of a secure and streamlined user journey. Ripple is also focusing on developing and implementing XLS-38, a foundational protocol for creating customizable sidechains on XRPL. This protocol allows for creating private chains or feature-enhanced XRPL versions, enabling developers to innovate and tailor solutions to specific needs. Over the next 12 to 15 months, Ripple will monitor the adoption of XLS-38. Based on community feedback and the practical validation of its applications, it plans to update and potentially revise the protocol.

XRPL Unveils EVM Sidechain to Enhance Interoperability With Axelar Bridge

In a significant development for blockchain interoperability, Team Ripple announced on June 12, 2024, the integration of Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This advancement, encapsulated in the newly named XRPL EVM Sidechain, is poised to enhance the ledger’s utility by broadening its reach into decentralized finance (DeFi) and real-world asset (RWA) tokenization.

Emphasizing the belief that the future of blockchain is inherently multi-chain, Ripple’s update fulfills a key demand from its developer community. The XRPL EVM Sidechain aims to facilitate seamless asset transfers and operational efficiency between XRPL and EVM platforms, with wrapped XRP (eXRP) serving as the native asset and the gas token.

2/ The @Ripple engineering team, in collaboration with @Peersyst, is focused on ensuring the security and seamless user experience of the #XRPL EVM Sidechain. With wrapped XRP as the native asset, we're prioritizing a smooth and secure bridging process.

— RippleX 📍#XRPLApex (@RippleXDev) June 12, 2024

The XRPL EVM Sidechain will connect to the XRPL mainnet using the Axelar Bridge. This bridge is critical for enabling the transfer of assets and ensuring interoperability across networks. It leverages a network of validators to maintain security and efficiency, with eXRP easing the process as the primary medium for transaction fees on the sidechain.

As the launch nears, Ripple focuses on safeguarding the bridge to the mainnet and refining the overall experience for both users and developers. The collaboration with Axelar is a strategic move to utilize their proven bridge technology, recognized for its robustness and integrated by significant platforms like Uniswap and Microsoft.

Collaborative Efforts and Future Plans

The engineering collaboration with Peersyst Technology aims to enhance the sidechain’s interoperability capabilities. Peersyst CEO, Ferran Prat, highlighted the transition to Axelar for developing network bridges, underscoring the importance of a secure and streamlined user journey.

Ripple is also focusing on developing and implementing XLS-38, a foundational protocol for creating customizable sidechains on XRPL. This protocol allows for creating private chains or feature-enhanced XRPL versions, enabling developers to innovate and tailor solutions to specific needs.

Over the next 12 to 15 months, Ripple will monitor the adoption of XLS-38. Based on community feedback and the practical validation of its applications, it plans to update and potentially revise the protocol.
Ethereum Outpaced: TON’s Season 4 Launch Ushers in a New Era of Blockchain DominanceThe Open Network (TON) Foundation has officially launched Season 4 of its ambitious Open League, marking a new chapter in its journey to expand and invigorate its blockchain ecosystem. The Open League, a cornerstone of TON’s community engagement initiatives, has been instrumental in propelling the network past Ethereum in terms of daily active addresses.  This surge in user engagement is not just a statistical victory but a robust endorsement of TON’s growing influence in the crypto world. The initiative’s success is reflected in the significant influx of users, drawn by the network’s promise of financial freedom and digital sovereignty. Strategic Enhancements and Community Rewards The TON Foundation’s recent triumphs are tied to strategic advancements and integrations within its ecosystem. The integration of USDt and the seamless operation of Telegram Mini Apps have simplified user interactions, making the blockchain accessible to a broader audience.  In the last month alone, these initiatives helped onboard over 841,170 Notcoin users, showcasing the scalability and user-friendly approach of the TON blockchain. Since the inception of the League’s pilot program in March, key metrics have skyrocketed: Daily active wallets increased by 1,403%, demonstrating a vibrant and engaged community. Total Value Locked (TVL) in DeFi surged to $320.2 million, indicating robust participation in financial applications. The average number of daily transactions grew to 4.2 million, underscoring the network’s operational efficiency. Over the past three months, the TON community has been rewarded generously, with distributions totaling approximately $40 million. These rewards have not only incentivized participation but also fostered a rich ecosystem of developers and enthusiasts. Looking Ahead: Season 4 Innovations Season 4 introduces a major update with the merging of the Major and Minor Leagues, streamlining the competition and focusing on nurturing top-tier projects. The top 10 projects by the end of this season will receive significant support and liquidity boosts, setting the stage for sustained growth and innovation in Season 5. Jack Booth, the Director of Marketing at TON Foundation, expressed excitement about the new season, stating, “The past three months have demonstrated that the community is buying into our vision of a fun, transparent, and rewarding ecosystem model. TON is the blockchain for mass adoption: simple, engaging systems introduce new users to TON in Telegram, putting crypto in every pocket.” The Open Network continues to build its vision of embedding crypto into everyday life through Telegram Messenger. With a strategic goal to empower 500 million users to own their digital identity, data, and assets by 2028, TON is carving a path for widespread adoption of blockchain technology. Through initiatives like The Open League, TON is not just building a blockchain but cultivating a community poised to revolutionize the digital landscape.

Ethereum Outpaced: TON’s Season 4 Launch Ushers in a New Era of Blockchain Dominance

The Open Network (TON) Foundation has officially launched Season 4 of its ambitious Open League, marking a new chapter in its journey to expand and invigorate its blockchain ecosystem. The Open League, a cornerstone of TON’s community engagement initiatives, has been instrumental in propelling the network past Ethereum in terms of daily active addresses. 

This surge in user engagement is not just a statistical victory but a robust endorsement of TON’s growing influence in the crypto world. The initiative’s success is reflected in the significant influx of users, drawn by the network’s promise of financial freedom and digital sovereignty.

Strategic Enhancements and Community Rewards

The TON Foundation’s recent triumphs are tied to strategic advancements and integrations within its ecosystem. The integration of USDt and the seamless operation of Telegram Mini Apps have simplified user interactions, making the blockchain accessible to a broader audience. 

In the last month alone, these initiatives helped onboard over 841,170 Notcoin users, showcasing the scalability and user-friendly approach of the TON blockchain. Since the inception of the League’s pilot program in March, key metrics have skyrocketed:

Daily active wallets increased by 1,403%, demonstrating a vibrant and engaged community.

Total Value Locked (TVL) in DeFi surged to $320.2 million, indicating robust participation in financial applications.

The average number of daily transactions grew to 4.2 million, underscoring the network’s operational efficiency.

Over the past three months, the TON community has been rewarded generously, with distributions totaling approximately $40 million. These rewards have not only incentivized participation but also fostered a rich ecosystem of developers and enthusiasts.

Looking Ahead: Season 4 Innovations

Season 4 introduces a major update with the merging of the Major and Minor Leagues, streamlining the competition and focusing on nurturing top-tier projects. The top 10 projects by the end of this season will receive significant support and liquidity boosts, setting the stage for sustained growth and innovation in Season 5.

Jack Booth, the Director of Marketing at TON Foundation, expressed excitement about the new season, stating, “The past three months have demonstrated that the community is buying into our vision of a fun, transparent, and rewarding ecosystem model. TON is the blockchain for mass adoption: simple, engaging systems introduce new users to TON in Telegram, putting crypto in every pocket.”

The Open Network continues to build its vision of embedding crypto into everyday life through Telegram Messenger. With a strategic goal to empower 500 million users to own their digital identity, data, and assets by 2028, TON is carving a path for widespread adoption of blockchain technology. Through initiatives like The Open League, TON is not just building a blockchain but cultivating a community poised to revolutionize the digital landscape.
Merlin Chain Enables Bitcoin Staking and High-Yield DeFi AccessMerlin Chain has stated that Bitcoin holders can now stake and benefit from high-yield and income-generating DeFi protocols. This trending protocol has seen over $13 billion worth of Bitcoin either brought into its network or out from it in the last 45 days. Merlin Chain itself is developed as a Bitcoin Layer 2 (L2) solution. Moreover, it solves the problem of limited yield options for Bitcoin holders in other chains. Merlin Chain Transfers $700M BTC to Layer 2 for Yield Incentives During this period, more than 700 million USD worth of BTC was drained from Merlin to Layer 2 networks for additional incentives. Merlin Chain intends to provide Bitcoin holders with yield opportunities so they will be incentivized to either stake and earn staking yields or enjoy various DeFi services. Powered by a Proof-of-Stake (PoS) consensus mechanism, alongside its cutting edge DeFi integrations, the network seeks to provide Bitcoin holders with the same benefits Ethereum investors have enjoyed such as staking rewards, liquidity mining, and yield farming. With Merlin Chain users must bridge their BTC to the network in order to earn yield on their BTC using the Merlin Bridge. This freezes the BTC of Layer 1 and produces gas BTC, which can be staked to Merlin’s PoS mechanism. By staking with M-BTC, Bitcoiners can obtain SolvBTC that allows them to access DeFi services through platforms like Solv Protocol. They also give the potential to offer liquidity and gain yields throughout DeFi protocols combined with Merlin, investigate lending, borrowing, derivatives, and various other DeFi primitives along with BTC capital. Merlin Chain Enhances Security with Top Crypto Custodian Partnerships As part of Merlin Chain’s security measures via its PoS mechanism, the platform has teamed up with several of the top crypto custodians and institutions. Fireblocks, Asia’s largest custodian Cobo, Ceffu, and Bitmain investment Antalpha are partner institutions part of the project. So far, Merlin Chain has partnered with more than ten industry big players to further enlarge participation. Merlin Chain Founder Jeff considers that Bitcoin is one of the top-performing assets of the last decade. But so far, BTC holders have been missing out on yields. But now, they are thrilled to finally start offering incentives for BTC holders to earn and participate in the vibrant DeFi ecosystem.

Merlin Chain Enables Bitcoin Staking and High-Yield DeFi Access

Merlin Chain has stated that Bitcoin holders can now stake and benefit from high-yield and income-generating DeFi protocols. This trending protocol has seen over $13 billion worth of Bitcoin either brought into its network or out from it in the last 45 days. Merlin Chain itself is developed as a Bitcoin Layer 2 (L2) solution. Moreover, it solves the problem of limited yield options for Bitcoin holders in other chains.

Merlin Chain Transfers $700M BTC to Layer 2 for Yield Incentives

During this period, more than 700 million USD worth of BTC was drained from Merlin to Layer 2 networks for additional incentives. Merlin Chain intends to provide Bitcoin holders with yield opportunities so they will be incentivized to either stake and earn staking yields or enjoy various DeFi services.

Powered by a Proof-of-Stake (PoS) consensus mechanism, alongside its cutting edge DeFi integrations, the network seeks to provide Bitcoin holders with the same benefits Ethereum investors have enjoyed such as staking rewards, liquidity mining, and yield farming. With Merlin Chain users must bridge their BTC to the network in order to earn yield on their BTC using the Merlin Bridge. This freezes the BTC of Layer 1 and produces gas BTC, which can be staked to Merlin’s PoS mechanism.

By staking with M-BTC, Bitcoiners can obtain SolvBTC that allows them to access DeFi services through platforms like Solv Protocol. They also give the potential to offer liquidity and gain yields throughout DeFi protocols combined with Merlin, investigate lending, borrowing, derivatives, and various other DeFi primitives along with BTC capital.

Merlin Chain Enhances Security with Top Crypto Custodian Partnerships

As part of Merlin Chain’s security measures via its PoS mechanism, the platform has teamed up with several of the top crypto custodians and institutions. Fireblocks, Asia’s largest custodian Cobo, Ceffu, and Bitmain investment Antalpha are partner institutions part of the project. So far, Merlin Chain has partnered with more than ten industry big players to further enlarge participation.

Merlin Chain Founder Jeff considers that Bitcoin is one of the top-performing assets of the last decade. But so far, BTC holders have been missing out on yields. But now, they are thrilled to finally start offering incentives for BTC holders to earn and participate in the vibrant DeFi ecosystem.
Azuro Steps Into AI Using Olas to Predict Sports Event ResultsLisbon, Portugal, June 12th, 2024, Chainwire Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem. Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling and oracle solutions allow apps to deploy without upfront investment or running costs, saving them valuable development resources that can be directed to user acquisition, engagement and monetization instead. Transaction volumes on Azuro have been expanding consistently and rapidly over the past year, standing at $350+ million as of this writing, along with a protocol revenue in excess of $3M+, thus becoming the number 1 revenue-generating protocol on Polygon recently. Olas, known for its composable stack that supports the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, while running off-chain, are represented on-chain by smart contracts. This union offers Olas AI technology the opportunity to access the fastest-growing prediction markets ecosystem. The Azuro AI agent will be capable of learning how to accurately predict outcomes of sports events. To maximize its learning, the agent will be retrofitted with data from Azuro markets. This AI agent, once operational, will be able to autonomously analyze, and operate in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all participants. “We are setting the basis for the development of AI agents that can effectively integrate and operate within the Azuro ecosystem. Long term, this integration could unleash a new era in market analysis and empower new applications for prediction markets beyond sports, such as political forecasting, and other entertainment events,” stated Rossen, core contributor at Azuro. This is an exciting advancement for developers and users of Azuro prediction markets alike. Aside from the creation of the AI agent, Azuro will host a hackathon to provide tools and frameworks for the development of new autonomous agents and the expansion of use cases in prediction markets. About Azuro Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs. For more information or press inquiries: Website: https://azuro.org/ Docs: https://gem.azuro.org Github: https://github.com/Azuro-protocol Onchain activity: https://dune.com/azuro/stats  About Olas Olas enables everyone to own a share of AI, specifically autonomous agent economies. Olas is a unified network of off-chain services – like automation, oracles, and co-owned AI. It offers a composable stack for building these services, and a protocol for incentivizing their creation. Olas enables operating these services in a co-owned and decentralized way. For more information or press inquiries, users can visit: Website: https://olas.network/ Docs: https://docs.autonolas.network/ Contact Azuro teamteam@azuro.org

Azuro Steps Into AI Using Olas to Predict Sports Event Results

Lisbon, Portugal, June 12th, 2024, Chainwire

Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem.

Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling and oracle solutions allow apps to deploy without upfront investment or running costs, saving them valuable development resources that can be directed to user acquisition, engagement and monetization instead.

Transaction volumes on Azuro have been expanding consistently and rapidly over the past year, standing at $350+ million as of this writing, along with a protocol revenue in excess of $3M+, thus becoming the number 1 revenue-generating protocol on Polygon recently.

Olas, known for its composable stack that supports the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, while running off-chain, are represented on-chain by smart contracts.

This union offers Olas AI technology the opportunity to access the fastest-growing prediction markets ecosystem. The Azuro AI agent will be capable of learning how to accurately predict outcomes of sports events. To maximize its learning, the agent will be retrofitted with data from Azuro markets. This AI agent, once operational, will be able to autonomously analyze, and operate in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all participants.

“We are setting the basis for the development of AI agents that can effectively integrate and operate within the Azuro ecosystem. Long term, this integration could unleash a new era in market analysis and empower new applications for prediction markets beyond sports, such as political forecasting, and other entertainment events,” stated Rossen, core contributor at Azuro.

This is an exciting advancement for developers and users of Azuro prediction markets alike. Aside from the creation of the AI agent, Azuro will host a hackathon to provide tools and frameworks for the development of new autonomous agents and the expansion of use cases in prediction markets.

About Azuro

Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs.

For more information or press inquiries:

Website: https://azuro.org/

Docs: https://gem.azuro.org

Github: https://github.com/Azuro-protocol

Onchain activity: https://dune.com/azuro/stats 

About Olas

Olas enables everyone to own a share of AI, specifically autonomous agent economies. Olas is a unified network of off-chain services – like automation, oracles, and co-owned AI. It offers a composable stack for building these services, and a protocol for incentivizing their creation. Olas enables operating these services in a co-owned and decentralized way.

For more information or press inquiries, users can visit:

Website: https://olas.network/

Docs: https://docs.autonolas.network/

Contact

Azuro teamteam@azuro.org
Top PJTs (Play-to-Earn Tokens)The Play to Earn (P2E) gaming sector has gained popularity presenting an opportunity not only to enjoy gameplay but earn rewards in the of cryptocurrencies or tokens. These cryptocurrencies often known as Play-to-Earn tokens (PJTs), can be used within the game’s ecosystem or traded on the crypto exchanges. With the influx of new P2E projects, recognizing undervalued gems can be difficult. This is where the Undervaluation index (UI) comes in to play it part. What is the Undervaluation Index (UI)? UI is a metric criterion used to assess the potential undervaluation of a PJT, it examines the project market capitalization. By Project market capitalization, I mean the total value of all outstanding tokens to its 24-hour trading volume. The lower the Undervaluation Index, the less liquid the token is compared to its market cap. Top PJTs with High Undervaluation Index (UI) In the course of our discussion, we will narrow down to the top 11 PJTs with a market capitalization between $1 billion and $5 billion, ranked based on their UI, suggesting potential undervaluation. Notcoin (NOT): Notcoin is a revolutionary cryptocurrency that has rapidly gained popularity due to its innovative approach and integration with Telegram. Designed for ease of use and accessibility, Notcoin allows users to earn tokens through engaging activities like tapping games and completing simple quests. With a growing community and unique features, Notcoin stands out as a promising digital asset in the ever-evolving crypto market. Ordi (ORDI): ORDI, also known as Ordinals, is an innovative cryptocurrency that leverages the power of Bitcoin’s blockchain technology. It introduces a unique method of inscribing data directly onto satoshis, the smallest unit of Bitcoin, allowing for a new level of transparency and immutability. ORDI aims to enhance the security and reliability of digital transactions, making it a promising asset for investors seeking stability and cutting-edge technology in the crypto space. Bonk (BONK): Bonk, a meme coin that is connected with Solana based Solana Monkey Business (SMB) NFT collection. While it is not a pure P2E token, Bonk is utilized within the SMB ecosystem for in-game activities. The coin introduces volatility but the strong community provides underlying support for the BONK’s value. Floki Inu (FLOKI): Floki Inu is a meme coin uplifted by the Shiba Inu dog and Elon Musk’s tweets. It has some P2E elements like NFT games and planned metaverse integration. The success of Floki Inu depends heavily on maintaining its meme coin status and delivering effectively on its planned P2E features. Ondo Finance (ONDO): Ondo Finance is a decentralized finance platform with a P2E gaming element. Its users can get involved in yield farming and liquidity mining with rewards being distributed in the ONDO token. The combination of P2E and DeFi is attractive and its value depends on the general adoption of the Ondo Finance platform. Dogwifhat (WIF): Dogwifhat (WIF) is a vibrant meme coin inspired by the playful and humorous world of internet dog memes. With its growing community of enthusiastic supporters, Dogwifhat combines fun and financial potential, aiming to become a significant player in the meme coin market by leveraging social media engagement and viral marketing strategies. Ethena (ENA): Ethena (ENA) is a pioneering synthetic dollar protocol founded on Ethereum, designed to revolutionize decentralized finance (DeFi) and insurance. By offering blockchain-based insurance solutions, Ethena aims to provide enhanced security and transparency in financial transactions, making it a vital tool for the evolving DeFi landscape. Optimism (OP): Optimism (OP) is a cutting-edge layer-2 scaling solution for Ethereum, focusing on improving transaction speeds and reducing costs. By utilizing optimistic rollups, Optimism enhances the Ethereum network’s scalability, enabling faster and more affordable transactions, which are essential for the mass adoption of decentralized applications (dApps) and DeFi protocols. Fetch.ai (FET): This is a project focused on AI (artificial intelligence) and machine learning for blockchain applications. FET tokens are properly utilized to power the network and encourage participation. The success of Fetch Ai depends on the overall adoption and development of the blockchain space. THORChain (RUNE): This is a decentralized liquidity network for cross-chain asset swaps. RUNE tokens are primarily used for staking, governance, and fees. THORChain facilitates trading assets used in P2E games. Arbitrum (ARB): Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain, aimed at improving transaction scalability and speed. Arbitrum tokens are used for governance and fees. ARB’s value is tied to the adoption of Arbitrum as a preferred Layer 2 solution. In conclusion, the P2E sector brings exciting opportunities for investors and gamers. By utilizing UI alongside others, you are on your way to identifying undervalued PJTs with high growth potential. However conduct research thoroughly, understand the risks associated, and invest in what you can afford to lose.

Top PJTs (Play-to-Earn Tokens)

The Play to Earn (P2E) gaming sector has gained popularity presenting an opportunity not only to enjoy gameplay but earn rewards in the of cryptocurrencies or tokens. These cryptocurrencies often known as Play-to-Earn tokens (PJTs), can be used within the game’s ecosystem or traded on the crypto exchanges. With the influx of new P2E projects, recognizing undervalued gems can be difficult. This is where the Undervaluation index (UI) comes in to play it part.

What is the Undervaluation Index (UI)?

UI is a metric criterion used to assess the potential undervaluation of a PJT, it examines the project market capitalization. By Project market capitalization, I mean the total value of all outstanding tokens to its 24-hour trading volume. The lower the Undervaluation Index, the less liquid the token is compared to its market cap.

Top PJTs with High Undervaluation Index (UI)

In the course of our discussion, we will narrow down to the top 11 PJTs with a market capitalization between $1 billion and $5 billion, ranked based on their UI, suggesting potential undervaluation.

Notcoin (NOT): Notcoin is a revolutionary cryptocurrency that has rapidly gained popularity due to its innovative approach and integration with Telegram. Designed for ease of use and accessibility, Notcoin allows users to earn tokens through engaging activities like tapping games and completing simple quests. With a growing community and unique features, Notcoin stands out as a promising digital asset in the ever-evolving crypto market.

Ordi (ORDI): ORDI, also known as Ordinals, is an innovative cryptocurrency that leverages the power of Bitcoin’s blockchain technology. It introduces a unique method of inscribing data directly onto satoshis, the smallest unit of Bitcoin, allowing for a new level of transparency and immutability. ORDI aims to enhance the security and reliability of digital transactions, making it a promising asset for investors seeking stability and cutting-edge technology in the crypto space.

Bonk (BONK): Bonk, a meme coin that is connected with Solana based Solana Monkey Business (SMB) NFT collection. While it is not a pure P2E token, Bonk is utilized within the SMB ecosystem for in-game activities. The coin introduces volatility but the strong community provides underlying support for the BONK’s value.

Floki Inu (FLOKI): Floki Inu is a meme coin uplifted by the Shiba Inu dog and Elon Musk’s tweets. It has some P2E elements like NFT games and planned metaverse integration. The success of Floki Inu depends heavily on maintaining its meme coin status and delivering effectively on its planned P2E features.

Ondo Finance (ONDO): Ondo Finance is a decentralized finance platform with a P2E gaming element. Its users can get involved in yield farming and liquidity mining with rewards being distributed in the ONDO token. The combination of P2E and DeFi is attractive and its value depends on the general adoption of the Ondo Finance platform.

Dogwifhat (WIF): Dogwifhat (WIF) is a vibrant meme coin inspired by the playful and humorous world of internet dog memes. With its growing community of enthusiastic supporters, Dogwifhat combines fun and financial potential, aiming to become a significant player in the meme coin market by leveraging social media engagement and viral marketing strategies.

Ethena (ENA): Ethena (ENA) is a pioneering synthetic dollar protocol founded on Ethereum, designed to revolutionize decentralized finance (DeFi) and insurance. By offering blockchain-based insurance solutions, Ethena aims to provide enhanced security and transparency in financial transactions, making it a vital tool for the evolving DeFi landscape.

Optimism (OP): Optimism (OP) is a cutting-edge layer-2 scaling solution for Ethereum, focusing on improving transaction speeds and reducing costs. By utilizing optimistic rollups, Optimism enhances the Ethereum network’s scalability, enabling faster and more affordable transactions, which are essential for the mass adoption of decentralized applications (dApps) and DeFi protocols.

Fetch.ai (FET): This is a project focused on AI (artificial intelligence) and machine learning for blockchain applications. FET tokens are properly utilized to power the network and encourage participation. The success of Fetch Ai depends on the overall adoption and development of the blockchain space.

THORChain (RUNE): This is a decentralized liquidity network for cross-chain asset swaps. RUNE tokens are primarily used for staking, governance, and fees. THORChain facilitates trading assets used in P2E games.

Arbitrum (ARB): Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain, aimed at improving transaction scalability and speed. Arbitrum tokens are used for governance and fees. ARB’s value is tied to the adoption of Arbitrum as a preferred Layer 2 solution. In conclusion, the P2E sector brings exciting opportunities for investors and gamers. By utilizing UI alongside others, you are on your way to identifying undervalued PJTs with high growth potential. However conduct research thoroughly, understand the risks associated, and invest in what you can afford to lose.
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