With the movement displayed by Bitgert in terms of price, it’s quite obvious it’s headed fully to the moon with no sign of breaking down. In the last numerous months, Bitgert has shown an uptrend of over 63 percent, giving positive signs for the coming months. 

It’s one of the numerous cryptocurrency systems that has matched utility and effectiveness perfectly well to bring the utmost satisfaction to formulators and investors. It will be interesting to see what the future holds for the Bitgert coin. 

In the course of this composition, we will look at the possibilities of Bitgert soaring in coming weeks and the factors that could encourage that 

 Bitgert Uptrend A Clear suggestion It Is Taking Over In Coming Weeks 

 The continuous rise of the Bitgert coin is making it a significant force in the sedulity. Within a numerous times since its launch, it has accumulated a massive uptrend of over 38,400 percent. This is a remarkable feat, and it’s showing no signs of stopping there with a huge uptrend anticipated from it this coming week 

 Integrating farther features salutary to every crypto design, from inventors to investors, has made it largely sought after in the crypto space. Everyone now seeks ease in smart contracts, and Bitgert is one of the swish options. This is one of the triggers boosting the value largely lately with the buzz on a possible uptrend in coming weeks 

 With the bull run truly near thanks to the halving, it still performs at an estimable pace, giving investors over 68 percent returns in the last numerous months. It could be a time of hitting the moon for Bitgert eventually. 

 Investing In Bitgert Now As It Takes Over; Judicious Or Not? 

 Investing in Bitgert is the kind of occasion that should n’t be missed. Although it has attained a massive uptrend in the history, enterprises girding it still show there is farther to come from the honorary especially in the coming weeks with its superb features in place. 

 The progress shown by Bitgert has overshadowed the 

 entire crypto assiduity. It has come a favored option, considering how it satisfies investors with its offerings. 

 Its MACD shows it’s still an excellent option to snare in the bags. Early investors have made good earnings from it while awaiting farther uptrends which has been sloped to take place this coming weeks by experts. 

 The pace of growth and development of Bitgert shows it’s a good steal. 

 Conclusion 

 Bitgert’s soaring to the very top is imminent. It has every possible thing at its advantage, ranging from better utility to proper programs it operates under, and all these combine to take it to the top. 

 This is why Bitgert has been the nippy- growing cryptocurrency in the sedulity. 

 As far as cryptocurrency is concerned, investors are recommended to do all necessary disquisition before making investments. 

 Get all you need on Bitgert from the website 

The post Investor Frenzy: Bitgert Coin Price Could Skyrocket in Coming Weeks appeared first on Crypto News Land.

VeChain introduces VeBetterDAO, incentivizing sustainability on its blockchain platform.

Marketplace as a Service (MaaS) simplifies NFT integration for businesses.

Thor Update v2.1.1 enhances VeChainThor blockchain with improved features.

VeChain, the blockchain platform renowned for its commitment to innovation and sustainability, has unveiled its latest technological advancements in the April tech update. The update showcases the progress made by VeChain’s development teams and offers a glimpse into the platform’s future endeavors.

The latest instalment of our #VeChain tech update series is live! Check out what our dev teams have been working on, what's coming next for VeBetterDAO, & how we're advancing #RWA tokenization with new, innovative products.Read: https://t.co/ykHJw6u2hh#Web3 #Crypto $VET pic.twitter.com/OIKUojiUOu

— vechain (@vechainofficial) April 23, 2024

One of the highlights of the update is the introduction of VeBetterDAO, a groundbreaking decentralized application (dApp) platform and community DAO aimed at promoting sustainability. VeBetterDAO incentivizes engagement with sustainability-related dApps and facilitates platform governance through rewards and incentives logged on VeChain’s blockchain.

The launch of VeBetterDAO represents a significant milestone for VeChain, underscoring its dedication to driving mass adoption across society. With upcoming regulations such as the European MiCa and environmental regulations, VeBetterDAO is poised to play a pivotal role in shaping the future of blockchain ecosystems.

In addition to VeBetterDAO, VeChain has introduced Marketplace as a Service (MaaS), a white-label NFT platform designed to simplify blockchain adoption. MaaS enables deployers to create NFT marketplaces without the need for Web3 developer experience, thereby streamlining the process of tokenization and NFT integration into commerce.

Furthermore, VeChain has rolled out Thor Update v2.1.1, which includes enhancements to the core protocol and user interface improvements. The update increases the block gas limit and improves API usability, laying the groundwork for a more efficient and user-friendly experience on the VeChainThor blockchain.

Other notable developments include the Node Rewards Platform, upgrades to VeChain’s official website, VeWorld Wallet, Ledger Live Application, launch of new software development kit, and deploying smart contracts on the VORJ Wallet.

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VeBetterDAO and B3TR, Everything VeChain Fans Need To Know

The post VeChain Unveils Latest Technological Advancements for the Start of Q2 appeared first on Crypto News Land.

Shiba Inu secures $12 million in token funding from prominent investors like Polygon Ventures.

TREAT token serves as a utility and governance token for Shiba Inu’s privacy-focused Layer 3 blockchain.

Shiba Inu’s initiative aims to enhance user engagement and strengthen the ecosystem with loyalty programs and staking mechanisms.

Shiba Inu, renowned for its memecoin origins, has recently made headlines yet again by raising a staggering $12 million in a token funding round. This influx of capital, obtained through the sale of unreleased TREAT tokens to non-US venture capital investors, marks a significant milestone for the project.

1/ Today’s a HUGE day for us, #SHIBARMY! We’re thrilled to announce that we’ve secured a monumental $12M from strategic VC partners led by @cypher_capital to unleash our next-gen Fully Homomorphic Encryption (FHE) blockchain via $TREAT — the final non-stable token in the… pic.twitter.com/OqUIUDjmTf

— Treat (@treatsforShib) April 22, 2024

Participating in this funding round are heavyweight investors such as Polygon Ventures, Mechanism Capital, and Animoca Brands, among others. This diverse lineup of backers underscores the growing interest and confidence in Shiba Inu’s vision and potential.

At the heart of this development lies the TREAT token, positioned as the cornerstone of Shiba Inu’s ambitious new venture: a privacy-focused Layer 3 blockchain. Designed to serve as both a utility and governance token, TREAT holds the key to unlocking a myriad of incentives and functionalities within the Shiba Inu ecosystem.

I like this @ShytoshiKusama Fudge fudders! pic.twitter.com/DuUEubF4qD

— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 21, 2024

But what sets this initiative apart is not just its financial backing, but its strategic focus on enhancing user engagement and ecosystem vitality. Through loyalty programs, staking mechanisms, and a commitment to fostering community participation, Shiba Inu aims to cement its position as a force to be reckoned with in the crypto space.

Moreover, Shiba Inu is not content with merely riding the wave of current trends. In a bold move, the project announces plans to launch a new Layer 3 blockchain dedicated to privacy, leveraging Fully Homomorphic Encryption (FHE) technology in collaboration with Zama.ai. This cutting-edge encryption chain holds the promise of addressing critical issues of privacy and trust, paving the way for a more secure and inclusive crypto landscape.

In a strategic move to safeguard against potential threats, Shiba Inu opts to keep the name of its Layer 3 blockchain under wraps for now, focusing instead on rigorous testing and development. With a testnet slated for release in the third quarter of the year, followed by a meticulously planned mainnet launch, Shiba Inu is poised to make waves in the crypto sphere.

As the project embarks on this ambitious journey, the future looks bright for Shiba Inu and its ever-expanding community. With a relentless pursuit of innovation and a steadfast commitment to user empowerment, Shiba Inu is well-positioned to redefine the contours of the crypto landscape.

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The post Shiba Inu Secures $12 Million in Token Funding from Top Investors Including Polygon Boosting Blockchain Adoption appeared first on Crypto News Land.

ParabolicPump predicts an imminent surge, signaling the bottom for altcoins.

Analyst identifies recent dump as prime buying chance for investors.

Emphasizes holding strategy for maximum gains amidst impending altcoin rally.

Renowned cryptocurrency analyst ParabolicPump has set the crypto community abuzz with his latest forecast, declaring the dawn of the long-awaited altcoin season for 2024. In a series of bold assertions, ParabolicPump, known for his accurate market calls, asserts that the bottom for altcoins has been reached, signaling a monumental opportunity for investors.

THE BOTTOM FOR #ALTCOINS IS IN!We bounced PERFECTLY from this major long term trendline!My message to all bears: WAKE UP!SMART MONEY HAS BEEN BUYING THE DIP!If you survived the recent Altcoin capitulation, you deserve the epic pumps in the coming months!In the… pic.twitter.com/UvwXh9ejUq

— ParabolicPump (@ParabolicPump) April 23, 2024

ParabolicPump proclaims the bottom is in for altcoins in a recent analysis. He pointed to a decisive bounce from a major long-term trendline, emphasizing the influx of smart money accumulating during the recent altcoin capitulation. With altcoins already demonstrating V-shaped reversals, ParabolicPump suggests that the majority, particularly high and mid caps, have found their bottom, marking a pivotal moment for investors.

He says the latest dump was the biggest buy the dip opportunity of the entire bull run, highlighting historically oversold levels and unprecedented buying opportunities. Encouraging investors to seize the moment, he emphasized the importance of holding through the impending bull run, cautioning against premature selling.

In his exclusive community at Crypto Capital AI, ParabolicPump has been sharing bullish chart setups, foreseeing legendary entries that could yield significant gains in the coming months.  He advised if you survived the dump recently and better yet, bought even more, the next objective is to HOLD your coins throughout the Bull Run, underscoring the potential for substantial returns as altcoins approach a parabolic phase.

While acknowledging that the real bull run has yet to commence, ParabolicPump remains optimistic, predicting an epic surge in 2024. With Bitcoin dominance still relatively high, he believes the stage is set for altcoins to soar to unprecedented heights in the months ahead. 

As investors brace for what could be a transformative year in the crypto sphere, ParabolicPump’s insights serve as a guiding light in navigating the volatile yet promising landscape of digital assets.

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The post Altseason Finally Arrives, Analyst Believes the Bottom Is Here, Surge Soon appeared first on Crypto News Land.

Victoria, Seychelles, April 24th, 2024, Chainwire

FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls. 

With the meme coin market experiencing unprecedented growth, rising scams, and rug pulls, FOMO BULL CLUB recognized the urgent need for a reliable launchpad that prioritizes community safety while fostering meme coin innovation. The launchpad is meticulously designed to encourage creativity, enable democratic decision-making, and safeguard against fraudulent activities.

In its first phase, the launchpad introduces eight exciting meme coins, each with unique characteristics and potential to disrupt the meme coin landscape. However, the real power lies with its launchpad members, who can vote on which meme coins will be launched, ensuring that community preferences dictate the selection process.

FOMO BULL CLUB’s commitment to community protection is not just a statement; it’s evident in every aspect of the launchpad. Smart contracts undergo auditing, and ownership is renounced to eliminate the risk of rug pulls. Additionally, the decentralized nature of the launchpad minimizes the influence of gatekeepers, ensuring fair and transparent meme coin launches.

“We are excited to introduce the FOMO BULL CLUB meme coin launchpad and empower our community to shape the future of meme coins,” said Jordan Charters, Head of Business Development of FOMO BULL CLUB. “With our decentralized approach and focus on community protection, we aim to revolutionize the meme coin space and foster innovation and creativity.”

Visit https://fomobull.club to learn more.

Contact

FOMO BULL CLUBfomobullclub@gmail.com

The post Base Chain Welcomes Inaugural Meme Coin Launchpad: A Beacon Against Scams and Rug Pulls appeared first on Crypto News Land.

XRP sees a 10% surge, potentially ending its consolidation with solid support at 49-62 cents.

Ripple’s legal advancements and SEC turmoil inject optimism, influencing XRP’s market valuation.

Settlement discussions and social media buzz around Ripple may lead to favorable outcomes for XRP.

As Ripple continues its protracted legal battle with the U.S. Securities and Exchange Commission (SEC), the cryptocurrency market watches with bated breath, particularly those invested in Ripple’s native token, XRP. Currently valued at approximately $55 billion, XRP has recently seen a notable 10% surge, hinting at the end of its recent consolidation phase. With strong support ranging between 49 and 62 cents, market analysts predict a significant uptick in its valuation.

The recent upward movement in XRP’s price is partly fueled by the broader optimism surrounding Ripple’s legal challenges against the SEC. Recent reports indicating turmoil within the SEC, including the resignation of lawyers over corruption allegations in related cases, have buoyed Ripple’s position. Moreover, burgeoning discussions around potential settlement talks have been a boon for XRP’s market sentiment, circulating widely across social media platforms.

These legal victories and the external market factors echo the sentiment that XRP, much like other altcoins, tends to follow Bitcoin’s post-halving price movements, adding an additional layer of confidence among investors about its future trajectory.

Looking ahead, the future of XRP appears bright. As Ripple navigates through its legal hurdles, the growing investor confidence could see XRP not only recover but potentially exceed its previous highs. With a community rallying behind it and a market ripe for bullish trends, XRP stands at a pivotal point, ready to capitalize on any positive outcomes from its ongoing SEC dispute.

Read also:

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SEC vs Ripple Case: Victory for Consumers and Small Investors

The post Ripple’s Legal Victories Boost XRP: Is a Price Explosion Imminent? Are you Buying or Selling? appeared first on Crypto News Land.

Solana exhibits strong performance and resilience, holding above key market levels.

Pendle shows promising growth signs, maintaining higher swing lows and strong market positioning.

Fetch.ai displays strong fundamentals and resilience, potentially signaling sustained growth.

As the cryptocurrency market enters a new phase post-Bitcoin halving, investors are keenly watching potential growth opportunities in altcoins. Financial analyst recently highlighted four altcoins—Solana, Pendle, Fetch.ai, and Casper—as prime candidates for significant market impact.

Solana has been noted for its robust performance and resilience, maintaining a strong position above critical market levels through 2022 and 2023. Its technical indicators suggest a bullish outlook, setting it apart from peers.

Pendle and Fetch.ai are both showing signs of potential upward movement. Pendle has been particularly strong, holding above accumulation ranges and demonstrating higher swing lows, suggesting readiness for further growth. Similarly, Fetch.ai has been highlighted for its solid fundamentals and ability to stay above key support levels, indicating a strong foundation for future appreciation.

Casper, though a newer entry into the altcoin market, has shown considerable resilience despite market fluctuations. Positioned above higher swing bottoms, Casper’s ability to maintain its standing even during downturns hints at an underlying strength that could appeal to long-term investors.

These altcoins represent not just speculative opportunities but also a broader shift in the crypto ecosystem towards diverse and technically sound projects. As the market evolves, these coins are poised to play significant roles in the portfolios of savvy investors looking for growth beyond the mainstream cryptocurrency offerings.

Looking ahead, the future of these altcoins and the broader crypto market remains bright. With their strong market positions and promising technical indicators, Solana, Pendle, Fetch.ai, and Casper are well-positioned to capitalize on the next wave of crypto adoption, potentially delivering substantial returns to their holders.

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The post Top Altcoins for the Next Market Cycle: Potential 100X Surge- Is it a Buy or Pass? appeared first on Crypto News Land.

Block XYZ unveils 3nm bitcoin mining chip, advancing mining technology.

Plans include a comprehensive mining system for decentralized operations.

The unveil invites community feedback to shape user-centric mining solutions.

Block XYZ, a leading player in the cryptocurrency mining industry, has announced significant progress in its quest for cutting-edge mining technology. In a recent update, the company revealed the completion of its advanced three-nanometer (nm) bitcoin mining chip and its transition to the manufacturing phase with a global semiconductor foundry. 

we’re building a mining rig https://t.co/IKOQHNSHgO

— jack (@jack) April 23, 2024

This achievement marks a pivotal moment in Block XYZ’s ambitious bitcoin mining project aimed at decentralizing mining hardware supply and hash rate distribution.

Moreover, Block XYZ shared its plans to develop a comprehensive bitcoin mining system, leveraging insights from the mining community to address existing challenges and enhance decentralization efforts. The company’s commitment to innovation is underscored by its decision to offer both standalone mining chips and fully integrated mining systems.

Building on the success of its previous five-nanometer (nm) prototype, Block XYZ emphasizes the performance capabilities of its latest 3nm chip, designed to meet the evolving demands of the fifth mining epoch and beyond. By incorporating cutting-edge semiconductor technology, Block XYZ aims to empower mining operators of all scales with efficient and reliable hardware solutions.

As part of its customer-centric approach, Block XYZ invites feedback from the mining community to shape the development of its mining systems. Areas of interest include pre-sales discovery, purchasing processes, reliability, maintenance, software features, transparency, and post-sale support. Community members are encouraged to share their insights with Block XYZ to contribute to the creation of user-centric mining solutions.

With a track record of product excellence and industry expertise, Block XYZ is poised to deliver a transformative mining experience. Stay tuned for further updates on Block XYZ’s mining hardware program as the company continues to innovate and collaborate with the mining community.

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The post Advanced 3nm Bitcoin Mining Chip and System Unveiled, What’s Next? appeared first on Crypto News Land.

Bitcoin traders are shifting towards speculative altcoins post-halving, driving new market dynamics.

Amp (AMP) has seen a 50% increase in trading volume and 22% value increase in a week.

Popcat (POPCAT) experienced a 30% price surge in 24 hours, boasting a $371 million FDV.

As the cryptocurrency landscape evolves post-Bitcoin halving, a significant shift is occurring among traders who are increasingly drawn to speculative altcoins, including prominent meme coins. Market intelligence from Santiment shows that traders are moving their focus from Bitcoin to altcoins such as Amp (AMP) and Popcat (POPCAT), signaling a potential new era in crypto investments.

Amp, a DeFi-based altcoin, has particularly stood out due to a significant 50% increase in trading volume, reaching around $25 million. This surge, complemented by a 22% increase in value over just seven days, has positioned AMP as a compelling choice for investors. Trading at approximately $0.0079, Amp’s robust performance underscores its growing appeal in the decentralized finance sector.

On the meme coin front, Popcat has captured the market’s attention with a dramatic 30% price surge in the past 24 hours, now valued at around 38 cents. Despite its small-cap status, Popcat boasts a fully diluted valuation of approximately $371 million, with a 24-hour trading volume of about $117 million. This surge not only revitalizes interest in Popcat but also sparks discussions about its potential to reach new highs.

Looking forward, the future of altcoins in the crypto industry appears promising. As traditional Bitcoin investors diversify into these emerging altcoins, the sector is likely to witness increased innovation and market activity. With their unique value propositions and growing investor interest, altcoins like Amp and Popcat are well-positioned to lead the charge in the next wave of cryptocurrency adoption, offering new opportunities for growth and investment.

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The post Post-Halving Altcoin Surge: Which Coins Are Gaining Traction? appeared first on Crypto News Land.

Ash Crypto predicts historic bull run amid Bitcoin supply constraints.

Factors include Bitcoin halving, ETF acquisitions, and global institutional interest.

He advises the crypto community to be patient and hold tight amidst potential price surges.

In the midst of heightened anticipation within the crypto community, Ash Crypto, a prominent figure, has declared this period as the onset of the most significant bull run yet, citing several compelling factors driving Bitcoin’s upward trajectory.

MASSIVE BITCOIN SUPPLY SHOCK Here’s why: With the recent bitcoin halving, miners can now only produce a max of 450 BTC daily. US Bitcoin spot ETFs are buying an average of 3,000 BTC daily. Hong Kong ETFs are about to start trading very soon.Australia…

— Ash Crypto (@Ashcryptoreal) April 22, 2024

The recent Bitcoin Halving event has drastically reduced the daily production of new coins, limiting miners to generate a maximum of 450 BTC per day. This reduction in the issuance rate contributes to the scarcity narrative surrounding Bitcoin, often regarded as digital gold.

Furthermore, the surge in demand for Bitcoin is exemplified by the substantial acquisitions made by US Bitcoin spot exchange-traded funds (ETFs), averaging around 3,000 BTC daily. This trend signifies growing institutional interest and investment in the cryptocurrency.

The impending launch of Bitcoin ETFs in Hong Kong, coupled with Australia’s application for a spot Bitcoin ETF, underscores the global adoption and acceptance of Bitcoin as a legitimate asset class. Institutions worldwide are increasingly recognizing Bitcoin’s potential as a store of value and inflation hedge, leading to a surge in institutional investment in the cryptocurrency.

Adding to the supply squeeze, the inventory of Bitcoin across all exchanges has reached an all-time low, further exacerbating the scarcity dynamics and potentially fueling a significant price surge.

In light of these developments, Ash Crypto advises investors to exercise patience, maintain their positions, and resist the urge to sell during market fluctuations. With all indicators pointing towards an unprecedented bull run, holding tight may yield substantial gains in the near future.

As the crypto market continues to evolve and mature, analysts and enthusiasts alike are closely monitoring these developments, anticipating the fulfillment of Ash Crypto’s prophecy of the most remarkable bull run to date.

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The post Bitcoin Supply Shock WIll Make This Bull Run the Biggest So Far appeared first on Crypto News Land.

Ergag Crypto highlights bullish signals for XRP and VET.

XRP shows double bottom formation; VET targets Fib levels.

Anticipation grows post-Bitcoin Halving for XRP and VET price pumps.

Renowned crypto analyst Egrag Crypto has drawn attention to two prominent crypto assets poised for a potential parabolic surge. Specifically, Egrag Crypto has spotlighted XRP and VET, shedding light on bullish signals evident in their price charts.

Both the XRP Army and VeFam as these respective communities refer to themselves, have been awaiting a massive surge for XRP and VET. Egrag Crypto shares chart movements and this time he expects a big price surge for the two assets. 

#XRP Color Code To $1.4(Update):Note: I've updated the consolidation zone to a supply zone and the wicking range to a demand and accumulation zone.Double Bottom Formation: The double bottom formation is giving us a strong bullish signal, and I'm highly confident that the… https://t.co/zBwbo5sKuA pic.twitter.com/Vi0j4fFtjn

— EGRAG CRYPTO (@egragcrypto) April 23, 2024

For XRP, Egrag Crypto has updated the consolidation zone to a supply zone and the wicking range to a demand and accumulation zone. Emphasizing the double bottom formation, Egrag Crypto believes this pattern signals a robust bullish sentiment, indicating an imminent thrust. 

With anticipation building among the XRPArmy, Egrag Crypto urges investors to stay steady, hinting at an impending ignition. Meanwhile, for VET, Egrag Crypto delineates three target channels.

#VET Channel 3 Target :1) Yellow Channel : This marks the forging of the MACRO-Bottom, with minor dips not factored into my calculation.2) Blue Channel : This channel aligns with the Fib 0.702 & 0.786 levels, forming what I refer to as the Mid-Bull-Cycle.3) Green… pic.twitter.com/ok5NdlyG1B

— EGRAG CRYPTO (@egragcrypto) April 23, 2024

The yellow channel signifies the forging of the MACRO-Bottom, while the blue channel aligns with Fib 0.702 & 0.786 levels, indicating the Mid-Bull-Cycle. Lastly, the green channel corresponds to key Fib levels 1.236, 1.414, & 1.618, hinting at the potential cycle top for VET. Egrag Crypto suggests that VET has the potential to unlock financial chains for investors.

With the recent successful completion of the Bitcoin Halving event, anticipation mounts within the crypto community for significant price pumps across various assets, including XRP and VET.

As crypto enthusiasts eagerly await new all-time highs, Egrag Crypto’s insights provide valuable guidance for investors navigating the dynamic crypto market landscape. How much longer will it take for these assets to set new ATHs? Time will tell.

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The post Parabolic Pump Incoming for XRP and VET, Analyst Charts Bullish Movement appeared first on Crypto News Land.

SHIB aims to break $0.000028 and target $0.000036 by April’s end.

The recent 24% surge contrasts with broader market stagnation post-Bitcoin halving.

Technical indicators and trader sentiment suggest a potential for SHIB’s upward momentum.

Shiba Inu (SHIB) is once again in motion, aiming to surpass the critical threshold of $0.000028 as it sets its sights on reaching $0.000036 before April’s end. 

Following Bitcoin’s recent halving, the cryptocurrency market had been stagnant, but SHIB injected a spark of activity with a remarkable 24% surge on Sunday. However, this momentum quickly tapered off, leaving SHIB at $0.00002748 on Tuesday.

In recent weeks, SHIB‘s price performance has been turbulent, witnessing a significant drop from its 2024 peak of $0.00004563 to test support levels near $0.00002. However, this decline reflects broader market trends, as the crypto market grapples with downturns exacerbated by geopolitical tensions and the aftermath of Bitcoin’s halving.

Technical indicators suggest potential resistance around the $0.000028 mark, but traders remain hopeful for a breakthrough. The 20-day EMA provides support around $0.000026, reinforced by the 200-day EMA and the 50-day EMA to mitigate further losses.

Traders closely monitor SHIB’s movement against key resistance levels and technical signals. A break above the descending trendline could signify increased trader risk appetite, fueling upward momentum toward the $0.000036 target. 

Additionally, confirmation of bullish sentiment may come from the MACD indicator, with a blue MACD line crossing above the red signal line in the four-hour range. In the short to medium term, important targets for SHIB include $0.00003 and $0.000032, with the overarching aim of sustaining momentum towards the higher resistance at $0.000036.

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Shiba Inu Triumphs in March: What Awaits in April?

The post Shiba Inu Breaks Key Barrier, Sets Sights on $0.000036 by April’s End appeared first on Crypto News Land.

Wallets holding one million XRP near the previous all-time high, indicating increased investor confidence.

XRP rebounds despite legal challenges, fueled by positive indicators for future growth.

Analyst predicts potential rally in XRP price following recent market shakeout, boosting investor optimism.

The resurgence of XRP is underscored by a significant uptick in the number of wallets holding one million XRP tokens or more. As of April, this figure stands at 2,013, mere inches away from its previous all-time high. 

The price of #XRP has jumped ahead of the #altcoin pack, jumping +6% and as high as $0.5687 today. The amount of wallets, 2,013, holding at least 1M $XRP has been surging over the past six weeks (rising 3.1%), and is within 1 wallet of the #AllTimeHigh. https://t.co/2ZfC9v79x9 pic.twitter.com/rqKgcOYJJx

— Santiment (@santimentfeed) April 22, 2024

Amidst a challenging period marked by legal battles and price struggles, XRP witnessed a substantial exodus of investors, including holders of sizable XRP holdings. However, the recent surge in acquisitions suggests a reversal of this trend, with investors returning to capitalize on the altcoin’s renewed momentum.

Several factors contribute to this resurgence. Firstly, indicators signaling a bullish outlook for XRP have emerged, potentially incentivizing large investors to re-enter the market. Additionally, the recent market downturn presented an opportune moment for investors to accumulate XRP at discounted prices, further fueling the influx of capital into the altcoin.

Notably, a prominent crypto analyst has highlighted the significance of the recent market shakeout, drawing parallels to historical events and hinting at the potential for a substantial rally in XRP’s price. This sentiment, combined with the near-record number of wallets holding significant XRP holdings, underscores a prevailing optimism surrounding the altcoin’s future prospects.

Should this trend continue, XRP could be poised for a significant rally, potentially surpassing previous price milestones and delivering substantial returns for investors. As the crypto market enters another bullish phase, the stage seems set for XRP to reclaim its position as a formidable player in the digital asset landscape.

Read also:

1,900+ XRP Millionaire Wallets Adapt Amid Market Shifts, Price Responds

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From $3M to $50,000: Dogecoin Millionaire’s Faith Unshaken as Fortune Dips 98%

Solana Millionaire Is Buying This Competitor Token for $0.08, Sets the Target Sell Price at $22

The post XRP Millionaire Wallets Surge: Bullish Momentum Builds appeared first on Crypto News Land.

Despite a drop in new addresses, SOL could see a bullish rebound beyond $162.

Declining new SOL addresses hint at fading investor interest, fueling bearish sentiment.

SOL’s price faces a critical test at the $158 200-day EMA, pivotal for bullish momentum.

Amidst the recent surge in Bitcoin’s price, Solana (SOL) has garnered attention for its steady recovery, albeit with a mixed bag of on-chain metrics. Despite a decline in new addresses, there are signs of a potential bullish resurgence if SOL surpasses the $162 mark.

In a tug-of-war between buyers and sellers, SOL currently trades within a range-bound ascending channel. The recent uptick in buyer activity has led to significant liquidations, with Coinglass reporting total liquidations nearing $6.8 million, emphasizing the volatility in the market.

However, data reveals a concerning trend: a notable drop in new SOL addresses from 915,000 to 866,000. This decline suggests waning investor interest, fostering a bearish sentiment in the market. Moreover, there are concerns that whale activity might exacerbate price dips in SOL, adding to the prevailing instability. The aftermath of Bitcoin’s halving further exacerbates pressure on miners, contributing to market uncertainty.

Despite these challenges, there are glimmers of hope. On-chain value transferred has been on the rise, climbing from $64 billion to $90 billion, indicating sustained buying interest. However, the long/short ratio’s decline to 0.8512 underscores a growing bearish dominance, with 54% of positions anticipating a SOL price drop.

Technical analysis points to a critical juncture for SOL’s price. Having reached its 200-day Exponential Moving Average (EMA) at $158, SOL faces significant resistance. Yet, if it surpasses this barrier and $162, it could signal a bullish resurgence. Conversely, failure to do so could precipitate further declines, potentially testing support levels at $126 and even $100.

Read also:

XRP’s Remarkable Comeback: Is $1.50 Just Around the Corner?

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Emerging Cryptos Poised for 100X Gains, Token Metrics Reports

The post Solana’s On-Chain Metrics Dip, Bulls Eye Comeback Past $162 appeared first on Crypto News Land.

Crypto.com delays South Korea launch amid regulatory talks.

FIU scrutinizes Crypto.com’s AML measures in Korea.

Crypto.com halts new user onboarding in South Korea.

Crypto.com, a cryptocurrency exchange, announced its decision to delay its planned launch in South Korea, which was initially set for April 29, 2024. The company cited the need for further discussions with local regulators as the primary reason for the postponement. This decision follows a report of regulatory scrutiny involving the Financial Intelligence Unit (FIU) of South Korea, which conducted a visit to Crypto.com’s local offices.

JUST IN: https://t.co/UdCq1Zakd0 postpones South Korea launch following a reported visit from local regulators. pic.twitter.com/WFr1oqyLFF

— cryptothedoggy (@cryptothedoggy) April 23, 2024

The postponement is seen as a strategic move to ensure compliance and understanding with Korean regulatory frameworks, which are known for their stringent measures, especially concerning anti-money laundering (AML) practices. The delay highlights Crypto.com’s commitment to adapting to the local regulatory environment to facilitate a responsible entry into the South Korean market.

Regulatory Challenges in South Korea

South Korea’s cryptocurrency market is among the largest and most active globally, making it a lucrative yet challenging market for international exchanges. The country has implemented strict regulations that effectively restrict foreign exchanges from directly offering services without local partnership or acquisition of a domestic exchange. This has previously influenced major exchanges like Binance and Crypto.com to acquire local entities to gain a foothold in the market.

The FIU’s scrutiny came after concerns were reportedly raised regarding the adequacy of Crypto.com’s AML measures in its documentation. This regulatory body’s involvement underscores the high standards set by South Korean authorities to combat illicit financial activities and ensure the integrity of their financial markets.

Impact on Crypto.com’s Strategy

In response to regulatory concerns, Crypto.com has halted the onboarding of new customers in South Korea and limited customer activities to withdrawals only. This cautious approach reflects the company’s respect for local laws and its intent to cooperate with regulatory bodies to ensure full compliance.

Crypto.com’s strategy involves taking over the operations of OkBit, a locally licensed exchange slated to cease operations by the end of April. At the time of acquisition, OkBit had approximately 900 customers, none of whom were implicated in any AML issues, highlighting the potential for a smooth transition once regulatory approvals are secured.

Read Also:

India Tightens Grip on Crypto: Crypto Exchanges Under AML-CFT Scrutiny

Coinbase’s BASE Blockchain Network To Face AML Measures on Launch

Coinbase Pays NYDFS $100M to Close AML Violations

Crypto.com Purge Network Issues and Conspiracy

Do Kwon Extradition to South Korea More Probable Than US: WSJ

The post Crypto.com Pauses South Korean Entry to Address FIU Concerns appeared first on Crypto News Land.

George Town, Grand Cayman, April 23rd, 2024, Chainwire

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. 

As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit’s mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to earn Zircuit Points. 

In March, Zircuit launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. The program has already attracted over 1,000 submissions. With Zircuit’s growing pre-launch TVL and community, approved projects will capture the interest of users in one of the fastest-growing L2s and benefit from a supercharged developer experience. In addition, developers and ecosystem contributors who participate in Zircuit’s Build to Earn program stand to receive rewards for approved contributions. Projects that join Zircuit through Build to Earn will join the growing list of top-tier launch partners including Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and many others. 

Zircuit is currently in testnet with plans to launch its mainnet in Summer 2024. 

To participate in Build to Earn, users can visit: https://build.zircuit.com/ 

To participate in Zircuit Staking, users can visit: https://stake.zircuit.com/ 

About Zircuit

Zircuit is a ZK rollup with parallelized circuits and AI-enabled security at the sequencer level. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit is backed by Pantera Capital, Dragonfly Capital, and Maelstrom. To learn more visit zircuit.com or follow us on Twitter/X @ZircuitL2

Contact

Jessica GraberZircuitjessica@zircuit.com

The post Zircuit Staking Soars Past $2B TVL In Only 2 Months appeared first on Crypto News Land.

The landscape of cryptocurrency is constantly evolving, with various altcoins capturing the spotlight. As the bull run of 2024 continues, certain coins are poised to build significant momentum in the coming weeks. Interest is growing in these contenders, as they show promise for upcoming gains. This article delves into the forecasts for five such altcoins, offering insights based on current trends and analytical predictions. Investors and enthusiasts alike will find valuable information to guide their decisions in this fast-paced market.

BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live!

BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP’s success is also evident, as it has swiftly raised $4.7 million in just a few weeks, capturing the attention of savvy early investors. 

BlastUP champions the motto “Grow faster, earn more.” The primary goal of this launchpad is to reduce entry barriers for blockchain startups, ensuring they are equipped for success right from the beginning.

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Grow Faster and Earn More with BlastUP! <<

BlastUP token holders can enjoy exclusive benefits like access to an Airdrop, special rewards in IDOs, and the opportunity to earn interest through staking.  

As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

>> Join BlastUP Presale NOW to Unlock Early Benefits <<

Understanding Ondo Crypto Prices

Ondo’s price has been varying between $0.64 and $1.03 recently. In the past week, its value dropped by about 11%, while over the last month, it went up nearly 9%. Looking further back, the coin’s price soared by over 2451% in six months. The current trend shows smaller movements suggesting a more stable phase following earlier sharp increases.

ONDO may continue its climb with enough investor interest, potentially reaching resistance at $1.24. If the momentum keeps up, we could see a push towards the second resistance level at $1.63. However, with a low RSI and Stochastic, indicating weak buying power, the coin could also dip towards the support at $0.47 or even to $0.09 if the market turns. The near-flat MACD also points to a potential lack of strong movement ahead.

Pepe Coin Price Movement and Outlook

Pepe (PEPE) prices have recently fluctuated between $0.00000497 and $0.00000660. In the last week, the price jumped by over 32%, while the past month shows a decrease of around 8%. Over the past six months, PEPE has soared by roughly 460%. The current price action suggests a more impulsive move, with the possibility to approach the first resistance at $0.00000723.

Looking ahead, PEPE has the potential to climb if it breaks past its nearest resistance level. The optimistic view sees upward momentum with a chance to hit the second resistance at $0.00000885. However, caution is advised as it could fall to its nearest support level at $0.00000397 if the trend reverses. A balanced perspective acknowledges both the recent strong performance and the potential for fluctuations.

Jupiter Crypto Price Trend and Movement

Jupiter (JUP) has seen significant growth over the last six months, jumping a remarkable 3739.33%. In just one week, it climbed 14.90%. However, the past month shows a slight dip of -1.27%. Currently, the coin is trading between $0.96 and $1.28. The movement indicates a mix of trends, with short-term momentum seeming impulsive, but more recent action suggests a corrective phase as it stabilizes.

Looking ahead for JUP, the current sentiment is cautiously optimistic with undercurrents of caution. With the coin’s price sitting near its 10-day Simple Moving Average of $1.18 and just above its 100-day Simple Moving Average of $1.13, there’s potential for upward movement toward the nearest resistance level at $1.41. However, investors should also be mindful that a drop below the current price range could lead to a test of lower support at $0.77, with the possibility of further downslide to $0.45 if the market turns bearish.

Celestia Price Analysis and Forecast

In the past week, Celestia saw a 12.27% rise, but within one month, it slipped down by 18.25%. Over six months, the coin showed a massive leap of 219.40%. TIA’s value is fluctuating between $9.67 and $12.90. The price action is dynamic, suggesting a mix of impulsive and corrective movements as it reacts to market forces.

Considering its current range and underlying indicators like a rather low RSI of 33.62 and a Stochastic value hinting at potential overselling with 12.38, Celestia could see modest recovery toward its nearest resistance of $14.29. However, the MACD indicates a slight negative momentum. If TIA can maintain its support level of $7.83, further growth is possible, but dipping below could signal a test of the second support at $4.59.

Conclusion

The analysis suggests that while altcoins like ONDO, PEPE, JUP, and TIA might see some growth in the coming weeks, they don’t have appealing short-term prospects. Instead, BlastUP is highlighted as the one with the highest potential, largely due to its innovative concept and its integration within the broader Blast ecosystem. The focus for investors looking for momentum in the crypto space could be better placed on BlastUP, considering its promising setup within a thriving environment.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The post ChatGPT Predicts Momentum Gain in Coming Weeks for These 5 Altcoins appeared first on Crypto News Land.

The current market surge offers a unique opportunity for investors aiming to expand their financial holdings. Selecting the right cryptocurrencies during this phase is crucial. This article highlights promising options that might significantly increase one’s portfolio, considering their recent performance and potential. The focus here is to provide readers with insights into which coins could stand out as the market climbs. It’s an opportune moment for enthusiasts looking to make informed decisions and capitalize on this rally.

BlastUP Goes Viral, Raising $4.7 Million in a Few Weeks

BlastUP, the premier launchpad on Blast, has recently made waves in the crypto world with its stunning debut, raising $4.7 million in just a few weeks. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.

Holders of BlastUP tokens may benefit from a number of privileges including  participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

>> Buy BlastUP tokens before they skyrocket <<

Pepe Coin Price Movement and Outlook

Pepe (PEPE) prices have recently fluctuated between $0.00000497 and $0.00000660. In the last week, the price jumped by over 32%, while the past month shows a decrease of around 8%. Over the past six months, PEPE has soared by roughly 460%. The current price action suggests a more impulsive move, with the possibility to approach the first resistance at $0.00000723.

Looking ahead, PEPE has the potential to climb if it breaks past its nearest resistance level. The optimistic view sees upward momentum with a chance to hit the second resistance at $0.00000885. However, caution is advised as it could fall to its nearest support level at $0.00000397 if the trend reverses. A balanced perspective acknowledges both the recent strong performance and the potential for fluctuations.

Jupiter Crypto Price Trend and Movement

Jupiter (JUP) has seen significant growth over the last six months, jumping a remarkable 3739.33%. In just one week, it climbed 14.90%. However, the past month shows a slight dip of -1.27%. Currently, the coin is trading between $0.96 and $1.28. The movement indicates a mix of trends, with short-term momentum seeming impulsive, but more recent action suggests a corrective phase as it stabilizes.

Looking ahead for JUP, the current sentiment is cautiously optimistic with undercurrents of caution. With the coin’s price sitting near its 10-day Simple Moving Average of $1.18 and just above its 100-day Simple Moving Average of $1.13, there’s potential for upward movement toward the nearest resistance level at $1.41. However, investors should also be mindful that a drop below the current price range could lead to a test of lower support at $0.77, with the possibility of further downslide to $0.45 if the market turns bearish.

Optimism Crypto Price: Steady Climb or Volatile Moves Ahead?

Optimism’s current price has been fluctuating between $2.14 and $2.63. In the past week, the price increased by 9.44%, but over a month, it’s down by 27.60%. However, looking at the past six months, OP shows an impressive rise of 79.25%. The trend suggests a mix of impulsive and corrective moves, with prices recently struggling to break past $2.83, but comfortably above the lower support level at $1.85.

Predicting OP’s future price is challenging. The market shows optimism with a substantial half-year gain, yet the last month’s drop calls for caution. Optimism might push beyond $2.83 if current trends convert to stronger upward momentum. But, staying cautious is important; if its support at $1.85 fails, a further slide could follow. Overall, OP’s journey seems to balance positive strides with the potential for slips, signaling investors to watch closely.

Bonk Crypto Sees Volatile Price Fluctuations

In the crypto market, Bonk’s price has been active. Within the last week, its value rose by 37.64%, while over the past month, it dipped slightly by 8.33%. Looking further back, Bonk experienced a massive surge over the last six months, skyrocketing by 4639.60%. The coin is trading between $0.000015 and $0.000024. As for its behavior, Bonk’s price moves are not clearly impulsive or corrective; they are a mix of both, showing volatility.

Considering Bonk’s current trend and market indicators, predictions are mixed. On the one hand, with its recent rise and support levels, there is room for cautious optimism about a potential uptick. The coin might challenge the nearest resistance at $0.000027 if the positive momentum persists. Conversely, the market’s nature suggests that dips are also possible, wherein Bonk could test its support at $0.000009. The future price path will likely depend on broader market sentiment and upcoming developments within the Bonk ecosystem.

Conclusion

Cryptocurrencies like PEPE, JUP, OP, and BONK might see growth, but their short-term potential appears limited. Among the mentioned options, BlastUP stands out with the highest potential to boost a portfolio during this bull run. The core appeal lies in its innovative concept and integration within the Blast ecosystem, setting it apart as a promising choice for investors looking to capitalize on the current market upswing.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The post Best Cryptocurrencies That Could Elevate Your Portfolio During This Market Rally appeared first on Crypto News Land.

As the market embraces a new bullish phase, the search for cryptocurrencies with high growth potential intensifies. Investors are eager to identify the next big winners that could multiply their investment by 25 to 100 times. This surge of interest coincides with innovative platforms and tokens poised to emerge. The promise of significant gains captures the attention of both seasoned professionals and newcomers to the cryptocurrency sphere. The article explores these upcoming opportunities, offering insights into potentially lucrative investments during the current bull run.

BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live!

BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP’s success is also evident, as it has swiftly raised $4.7 million in just a few weeks, capturing the attention of savvy early investors. 

BlastUP champions the motto “Grow faster, earn more.” The primary goal of this launchpad is to reduce entry barriers for blockchain startups, ensuring they are equipped for success right from the beginning.

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Grow Faster and Earn More with BlastUP! <<

BlastUP token holders can enjoy exclusive benefits like access to an Airdrop, special rewards in IDOs, and the opportunity to earn interest through staking.  

As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

>> Join BlastUP Presale NOW to Unlock Early Benefits <<

Jupiter Crypto Price Trend and Movement

Jupiter (JUP) has seen significant growth over the last six months, jumping a remarkable 3739.33%. In just one week, it climbed 14.90%. However, the past month shows a slight dip of -1.27%. Currently, the coin is trading between $0.96 and $1.28. The movement indicates a mix of trends, with short-term momentum seeming impulsive, but more recent action suggests a corrective phase as it stabilizes.

Looking ahead for JUP, the current sentiment is cautiously optimistic with undercurrents of caution. With the coin’s price sitting near its 10-day Simple Moving Average of $1.18 and just above its 100-day Simple Moving Average of $1.13, there’s potential for upward movement toward the nearest resistance level at $1.41. However, investors should also be mindful that a drop below the current price range could lead to a test of lower support at $0.77, with the possibility of further downslide to $0.45 if the market turns bearish.

Pepe Coin Price Movement and Outlook

Pepe (PEPE) prices have recently fluctuated between $0.00000497 and $0.00000660. In the last week, the price jumped by over 32%, while the past month shows a decrease of around 8%. Over the past six months, PEPE has soared by roughly 460%. The current price action suggests a more impulsive move, with the possibility to approach the first resistance at $0.00000723.

Looking ahead, PEPE has the potential to climb if it breaks past its nearest resistance level. The optimistic view sees upward momentum with a chance to hit the second resistance at $0.00000885. However, caution is advised as it could fall to its nearest support level at $0.00000397 if the trend reverses. A balanced perspective acknowledges both the recent strong performance and the potential for fluctuations.

Optimism Crypto Price: Steady Climb or Volatile Moves Ahead?

Optimism’s current price has been fluctuating between $2.14 and $2.63. In the past week, the price increased by 9.44%, but over a month, it’s down by 27.60%. However, looking at the past six months, OP shows an impressive rise of 79.25%. The trend suggests a mix of impulsive and corrective moves, with prices recently struggling to break past $2.83, but comfortably above the lower support level at $1.85.

Predicting OP’s future price is challenging. The market shows optimism with a substantial half-year gain, yet the last month’s drop calls for caution. Optimism might push beyond $2.83 if current trends convert to stronger upward momentum. But, staying cautious is important; if its support at $1.85 fails, a further slide could follow. Overall, OP’s journey seems to balance positive strides with the potential for slips, signaling investors to watch closely.

Bonk Crypto Sees Volatile Price Fluctuations

In the crypto market, Bonk’s price has been active. Within the last week, its value rose by 37.64%, while over the past month, it dipped slightly by 8.33%. Looking further back, Bonk experienced a massive surge over the last six months, skyrocketing by 4639.60%. The coin is trading between $0.000015 and $0.000024. As for its behavior, Bonk’s price moves are not clearly impulsive or corrective; they are a mix of both, showing volatility.

Considering Bonk’s current trend and market indicators, predictions are mixed. On the one hand, with its recent rise and support levels, there is room for cautious optimism about a potential uptick. The coin might challenge the nearest resistance at $0.000027 if the positive momentum persists. Conversely, the market’s nature suggests that dips are also possible, wherein Bonk could test its support at $0.000009. The future price path will likely depend on broader market sentiment and upcoming developments within the Bonk ecosystem.

Conclusion

Investors on the lookout for high-growth opportunities in cryptocurrencies might be intrigued by the potential of JUP, PEPE, OP, and BONK. However, these options may not yield significant returns in the near term. Instead, attention is turning to BlastUP, a project that stands out in the burgeoning Blast ecosystem. Its compelling concept is driving enthusiasm, suggesting a higher possibility for substantial growth. Observers note that BlastUP could provide a significant advantage to those seeking impressive returns on their investments.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The post Life-Changing Crypto Opportunities on the Horizon: Searching for the Next Cryptocurrencies with 25-100X Potential appeared first on Crypto News Land.

Shytoshi Kusama secures $12M for Shiba Inu’s blockchain expansion.

New funding boosts Shibarium, Shiba’s Layer 2 privacy solution.

Shiba Inu shifts focus to advanced crypto privacy tech.

Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu cryptocurrency project, recently announced a significant $12 million funding round during an exclusive interview at the Token2049 event in Dubai. The funds, raised through major crypto financiers including the Web3-focused venture capital firm Animoca Brands, are earmarked for expanding the Shiba Inu ecosystem. 

Shytoshi Kusama highlighted that the investment would fuel the development of their new blockchain protocol and enhance the capabilities of Shibarium, their Layer 2 solution. 

So now you know why I kept changing my location while pitching to the smartest minds in our industry. This is a big day for SHIB as we push forward for encryption and elevate our entire brand. There's so much in store for the army. I have never been more excited for #SHIB https://t.co/qt1dx6K7ea

— Shytoshi Kusama (@ShytoshiKusama) April 23, 2024

The investment round drew attention from several high-profile venture capital firms, including Animoca Brands, DWF Ventures, and Polygon Ventures. These firms purchased TREAT, the upcoming utility and governance token that will play a pivotal role in the new blockchain network.

Blockchain Technology and Market Impact

Scheduled to be developed atop Shibarium, a layer-2 solution that enhances Ethereum’s scalability, the new blockchain aims to provide a more secure and private transaction environment. FHE technology, central to the new blockchain, allows for computations on encrypted data without exposing the underlying information, a crucial advancement for maintaining privacy.

This strategic move by Shiba Inu indicates a shift towards addressing broader market needs, particularly the increasing demand for privacy in digital transactions. While initially categorized among meme coins like Dogecoin, Shiba Inu’s pivot towards integrating sophisticated technological features could alter its perception in the cryptocurrency community.

The announcement has already stirred positive reactions in the market, suggesting potential growth for Shiba Inu as it embraces these advanced cryptographic technologies. With this development, Shiba Inu aims to enhance its offering and set new standards for privacy and security within the blockchain space.

Read Also:

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Worldcoin Debunks Privacy Accusations, Assures User Identity Protection

The post Shiba Inu Secures $12M for Privacy-Oriented Blockchain Development appeared first on Crypto News Land.