Bitcoin’s imminent halving spurs volatility, and stakeholders hold steady amidst market fluctuations.

STH-SOPR ratio downturn suggests panic selling.

As the countdown to Bitcoin’s much-anticipated halving dwindles, the cryptocurrency market finds itself engulfed in a whirlwind of volatility. With only 542 blocks remaining until the event, Bitcoin’s price has been subject to dramatic fluctuations, plunging to lows of $61,500 over the weekend before slightly rebounding.

Despite the turbulence, key stakeholders in the Bitcoin ecosystem remain resolute in their holdings. This unwavering stance comes in the face of mounting concerns surrounding the market’s stability, fueled by a 4% decline in Bitcoin’s price over the past 24 hours. Currently trading at $63,313.68, with trading volume showing a marginal increase of 1%.

Amidst this climate of apprehension, recent data reveals intriguing insights into the behavior of notable whale groups within the Bitcoin market.

BTC Price Chart, Source: TradingView Whats Ahead?

Since March 1st, wallets holding between 100 and 1,000 Bitcoins have accumulated a staggering 43,489 coins, amounting to approximately $2.75 billion. Similarly, wallets containing between 1,000 and 10,000 Bitcoins have seen an accumulation of 80,544 coins, valued at approximately $5.10 billion. Even larger holders, with wallets holding between 10,000 and 100,000 Bitcoins, have amassed 91,732 coins, totaling approximately $5.80 billion. These significant accumulations signal a strategic move by large investors to bolster their positions ahead of the halving event.

Amidst the market turmoil, analysts are closely monitoring the behavior of Bitcoin’s Supply Throughput (STH) and Spent Output Profit Ratio (SOPR) metrics for potential insights into market sentiment. Historically, a declining trend in the STH-SOPR ratio has signaled panic selling and market uncertainty. At present, this metric is indeed trending downwards, aligning with fears of heightened volatility and investor apprehension.

For market participants, Bitcoin’s recent downturn may present a fleeting opportunity amidst the chaos. However, the potential for a rebound hinges on whether historical trends surrounding the STH-SOPR ratio repeat themselves. As traders brace for the halving event’s impact on the market, the cryptocurrency landscape remains fraught with uncertainty. With stakeholders standing firm as they navigate the turbulent waters of volatility.

In cryptocurrency, investors and traders use different methods to make money. Many use chart patterns to identify trade opportunities. But there is a problem with these chart patterns, that is they can depict price movement correctly but, they may not interpret the market sentiments. In a fast-phase crypto market, identifying emerging coins market sentiments and future events is critical for better returns.

In this current market crash, coins that have potential for future growth are BEFE, BRISE, and CENX. 

The BEFE, BRISE, and CENX have given tremendous returns in the past, and they are likely to repeat the same in the coming weeks. 

Let us see these three coins. And how they can help you make your ultimate profit.

BRISE

Bitgert is a cryptocurrency project that has been in the crypto market for a long time. It offers multiple products and services for the industry such as Bitgert Blockchain, Bitgert marketplace, crypto exchange, decentralized marketplace, staking, and Swap.

Bitgert offers low gas fees and high-speed cross-chain transactions which is up to 100,000 transactions per second TPS. Like BEFE, Bitgert has been in the news with its innovative technology and products. This helps BRISE, the native coin of Bitgert, in getting more attention from the investor community. Now, let us see what BEFE has to offer to its investors.

BEFE

BEFE is well known as a meme coin launched in November 2023. The BEFE coin aims to bring glory to the meme coins. The BEFE coin has surprised the meme community with its meteoric rise. This meme coin has been growing in volume and market cap since its launch in the crypto market. BEFE coin surged in price by more than 520% from its initial position before the market dump. Moreover, BEFE launched with no presale and zero tax. This was a brave step for the BEFE team to establish transparency, as no early investor has an edge in BEFE holding.

Although the market has fallen and most cryptocurrencies turned negative, BEFE coin has had 235% gains in a year.

CENX

Centex is a scaling solution for blockchains like Bitgert and BNB Chain. CENX is also set to move up once the market turns positive. In the past  CENX coin has given significant moves making its investors profitable returns. Investors are optimistic about repeating similar returns even this bull run. The price movement of CENX could be your opportunity for considerable profits going forward.  

Conclusion

With the market fall, the investors turn cautious but this may be your opportunity to invest in coins like BEFE and make ultimate returns in a bull run. However, you must research before making any decision

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

As the crypto world evolves, it has become crucial for you to carefully identify opportunities that can make your investment worthwhile. Three Bitgert digital assets stand out as potential excellence for wealth: BRISE, BEFE, and CENX. This is because these Bitgert projects possess innovations, high-value propositions, and excellent ecosystems that make them the best choice for investors in the time to come.

It’s very easy to make mistakes when investing due to not having an idea about how the market dynamics work. Some individuals go ahead to buy crypto projects that deplete their funds over time. With Bitgert, that’s impossible, as the trio of BRISE, BEFE, and CENX has an ever-increasing value that would rather bring more profit than loss to your portfolio. To make the best investment, getting Bitgert assets is vital. Let’s quickly look at the Bitgert BRISE, BEFE and CENX enable investors to reap multiple returns of investment in today’s crypto world.

BRISE: Decentralized Blockchain that Makes Safety a Priority

If you ask many investors about what they want in the crypto market, you’ll discover that 90% favor a platform that guarantees them a chance to trade without fear of losing their investments. Bitgert BRISE makes that possible through the approach it brings to blockchain technology. 

The upgraded decentralized platform of Bitgert BRISE ensures its immunity to hacks from outside, thereby reassuring investors. Bitgert BRISE allows users to trade their assets to any length with great speed.

BEFE: Maintaining Blockchain Efficiency 

Like Bitgert, BEFE a meme token promotes efficiency among traders. Experienced investors and speculators are taking a deep interest in BEFE meme tokens because of the ever-developing community. Also, because of its association with Bitgert, there’s no limit to the value of this coin and that’s why you can’t afford to miss out on investing in it.

CENX: Enabling Cryptocurrency Trade

As more crypto projects continue to enter the market, there’s going to be a decline in the value of trade. While all these are ongoing, Bitgert assets are sure to distinguish themselves and remain valuable in the crypto market. For instance, CENX allows users to trade their digital assets with ease while ensuring integrity during the process. Its solid infrastructure and great interface allow investors to have a solid experience which prompts them to make more investments. 

Have you been making investments and not recording good gains? It’s time for you to reorganize and purchase Bitgert digital assets. This is because the trio of BRISE, BEFE, and CENX is steadily maintaining a momentum that is not going down anytime soon.

Hong Kong approved Bitcoin and Ethereum ETFs yesterdays and the market is back to soaring again after a dull week. Investors are on the battleground seeking the best bets as halving nears. 

Besides blue-chips three tokens that hold extreme potential in the coming months are as follows:  

BRISE 

On average, Ethereum gas fees can go as high as $25. Solana’s transaction failure rate is skyrocketing to 80%, and gas fees have jumped by 2x-3x. The RWA narrative is pushing the case of layer-1 blockchains. 

Amidst all the chaos, one layer-1 blockchain that has been marching on a low gas fee and high-speed revolution is Bitgert. Bitgert launched its token BRISE as the utility and governance token of its native ecosystem. You can pay for transactions as low as $0.0000001 BRISE tokens and enjoy a TPS of 100K. 

BRISE has been up by 5.2% in the last 24 hours and looks ready for a massive push as Bitcoin halving nears even closer. BRISE. BRISE’s own fundamentals make it a superior choice among the mid-cap L1s. BRISE has a limited supply of 1 quadrillion. BRISE has a deflationary mechanism. The team recently burned 2 million BRISE tokens as a part of its burn mechanism. BRISE’s price will continue rising against shrinking supply. 

BEFE 

BEFE isn’t your regular memecoins getting launched on chains in hundreds each day. BEFE was launched without a presale or tax. The memecoin has gained immense popularity since its launch and has surged by over 200%. The coin looks like a long-standing token, unlike a memecoin with major pumps before the ultimate dump of shilling. 

BEFE is following the BItcoin’s trajectory in terms of price movement. After the Hong Kong ETF approval, Bitcoin has returned to its track. BEFE riding high on the gains can surge by another 200% in the coming days and jump to a price target of  $0.0002252. 

The BEFE team is continuously working to expand BEFE’s presence across exchanges. BEFE recently got listed on the Tapbit exchange. BEFE has a trading volume of 300K and a current market cap of $22.6 million.

CENX 

The CENX coin or Centcex coins functions on the same lines as the BRISe token. CENX coin can be an early bet for investors seeking gains as high as 40,000% like BRISE> Cnetcex is oging to launch its own exchange soon and can be a great buy.

 The token was lauched on BInance an is available for purchase on Pancakswap. The Centcex platform is bringing multiple partnerships in t coming months and the CEX token might grow in might as huge as the BRISE token. 

In crypto, early investors bag the biggest gains. All the three tokens are yet to mature and hold upside potential in the coming months. Be early, invest in crypto. Future is decentralized and crypto will be the coin of this decentralized economy.

Manama, Bahrain, April 16th, 2024, Chainwire

By joining forces with Aleph Zero, stc Bahrain aims to leverage cutting-edge solutions to enhance privacy, security, and decentralization in the digital realm.

stc Bahrain, a world-class digital enabler, has announced its partnership with Aleph Zero, a privacy-enhancing Layer 1 blockchain, as part of its Web3 Launchpad program. This collaboration underpins stc Bahrain’s commitment to fostering the growth and development of blockchain technologies across the Gulf region.

Backed by stc’s Web3 Launchpad Program, this collaboration will enhance Aleph Zero’s network by deploying validator nodes, thereby reinforcing the blockchain’s infrastructure with stc Bahrain’s robust digital capabilities. This partnership not only broadens stc Bahrain’s infrastructure offerings but firmly supports a network distinguished for its focus on privacy, scalability, security, and speed. 

In an ever-evolving and crowded web3 landscape, Aleph Zero stands out for its technological excellence and outstanding approach to addressing the key challenges of on-chain privacy and enterprise-grade scalability. With a unique consensus protocol, AlephBFT, and a public network that offers robust privacy technology through a combination of Zero-Knowledge Proofs (ZK-SNARKs) and Secure Multi-Party Computation (sMPC), Aleph Zero offers a secure, scalable solution, setting the foundation for private, verifiable transactions without exposing sensitive data.

“stc Bahrain is pleased to welcome Aleph Zero as a Pearling Path Partner within our Web3 Launchpad Program. This collaboration brings us closer to creating a secure and integrated digital ecosystem in the Gulf. Aleph Zero brings valuable privacy-enhancing technology and a scalable, decentralized network that aligns with our goals for a seamless digital future.”  said Mr. Saad Odeh, Chief Wholesale Officer at stc Bahrain.

Antoni Zolciak, Co-Founder of Aleph Zero, added: “stc Bahrain is at the forefront of innovation in the Gulf region, spearheading the introduction of Web3 and blockchain solutions. Aleph Zero is delighted to partner with stc, aligning with our commitment to secure, scalable, and privacy-centric blockchain infrastructure. We’re eager to see how our combined efforts will contribute to the advancement of a more secure, decentralized DePIN digital ecosystem across the Middle East.”

As the Web3 ecosystem expands, the need for robust privacy, security, and decentralization becomes ever more critical. This partnership with Aleph Zero aligns with stc Bahrain’s vision of propelling a secure, decentralized Internet of Values forward. Supporting Aleph Zero’s infrastructure, stc Bahrain positions itself at the cutting edge, fostering a digital ecosystem that is both secure and private.

Aleph Zero’s dedication to decentralization, alongside its wide applicability across industries, establishes it as an ideal ally for stc Bahrain. With more than 40 use cases in progress, from secure data exchanges to private voting, Aleph Zero is set to drive significant advancements across the digital landscape.

About stc Bahrain

stc Bahrain, a subsidiary of stc Group, is the fastest-growing, most innovative telecommunication operator in Bahrain. Since its inception in 2010, stc Bahrain revolutionized the telecommunications industry in the Kingdom of Bahrain and quickly became a market leader, a position that it kept to this day through investing in next-generation technologies and introducing innovative solutions to the people of Bahrain. In 2018, stc Bahrain disrupted fintech with its stc pay ecosystem of services.

stc Bahrain made many local, regional and global breakthroughs, earning it over 20 awards in just eleven years for being the best, widest and fastest network that connects people with an empowering host of products and services. Its persistent dedication to innovation has positioned it as a driving force in delivering telecommunication, digital and mobile financial services for everyday customers, homes and businesses. Together with a broad spectrum of benefits and customizable offerings that provide utmost control and flexibility in a world of evolving digital needs, stc Bahrain today has not only become the preferred Telecommunications network in Bahrain, but also the most forward-looking fearless disruptor in Telecommunication and Fintech.

For more information, users can visit https://www.stc.com.bh/ or follow stc Bahrain’s Twitter

About Aleph Zero

Aleph Zero is a layer 1 blockchain engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via ZKP and MPC, and offers a comprehensive toolset for WASM-based web3 development in Rust. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For more information, users can visit https://alephzero.org/ or follow Aleph Zero’s Twitter

Contact

PR ManagerJosh AdamsAleph Zerojosh.adams@serotonin.co

The Shiba Inu (SHIB) community has sustained its token-burning campaign, removing SHIB tokens from circulation to combat inflation.

A recent significant burn of 650 million SHIB tokens by an anonymous wallet sparked speculation and marked the largest single burn in over a month.

The identity of the mysterious benefactor behind the burn remains unknown, but their wallet history suggests long-term involvement with SHIB.

Despite a period of relative quiet, the dedicated Shiba Inu (SHIB) community has sustained its token-burning campaign, with periodic contributions helping to bolster the deflationary trend. This ongoing effort involves sending SHIB tokens to a dead or burn wallet, permanently removing them from circulation.

An anonymous wallet address initiated one of the most significant SHIB burn transactions in recent months, a remarkable development. On April 15th, at 1:31 AM (UTC), the burn address received a staggering 650 million Shiba Inu tokens, valued at approximately $13,650 at the time of the transfer.

This colossal burn, the largest single SHIB burn in over a month, surpassed the previous high of 3.8 billion tokens incinerated on March 9th. Until now, sustained community efforts had not witnessed burns of this magnitude.

Mysterious Shiba Inu burner identity remains elusive

While the specific identity of the wallet behind this mammoth burn remains unknown, on-chain data reveals that it belongs to a long-term Shiba Inu investor actively trading SHIB since August 2022.

Although the wallet has a rich history of inflows and outflows involving the meme token, this 650 million burn marks its first burn transaction, leaving it with a remaining balance of 81 million SHIB.

According to the community-driven burn tracker Shibburn, the latest burn has brought the total incinerated SHIB amount to an impressive 410,725,564,269,356 (410.725 trillion) tokens. Consequently, Shiba Inu’s total supply now stands at 589,274,435,730,643 (589.274 trillion) tokens, with 582.8 trillion currently in circulation.

While various community-driven projects have contributed to the burn campaign, recent burns have been primarily fueled by Shibarium, the layer-2 network built on the Ethereum blockchain.

The last Shibarium-powered burn occurred in March, incinerating 13.4 billion tokens on the 9th. Following this, Shibarium-driven burns have surged to a remarkable 56 billion tokens. Although the burn process is currently manual, the development team is actively working on transitioning to an automated burn system.

In contrast to the cash-create redemption approach, issuers can use other assets. 

After the SFC’s clearance, HKEX will need about two weeks to complete listing processes.

At least three Hong Kong-based issuers have received green lights from the region’s authorities to launch spot exchange-traded funds (ETFs) trading Bitcoin (BTC) and Ethereum (ETH). Reuters said that on April 15, the first spot Bitcoin and Ethereum ETFs were provisionally authorized by the Hong Kong Securities and Futures Commission (SFC).

The spot Bitcoin and Ether ETFs will shortly be launched by at least three offshore Chinese asset managers. These include the Hong Kong operations of Harvest Fund Management, Bosera Asset Management, and China Asset Management (ChinaAMC).

In a joint venture with HashKey Capital of Hong Kong, Bosera will introduce its spot crypto ETFs. As a sub-custodian, OSL Digital Securities, a Hong Kong-based digital asset platform, will be responsible for ChinaAMC and Harvest.

Contrast to Cash-create Redemption Approach

After an ETF application meets most of the criteria, the Hong Kong securities regulation releases a conditional authorization letter. This letter is subject to a number of circumstances, such as the applicant paying the fee, providing the necessary documents, and the listing permission on the Hong Kong Stock Exchange (HKEX).

Moreover, the spot Bitcoin and Ether ETFs are set to begin as in-kind ETFs, which means that new ETF shares may be issued using BTC and ETH. This is reportedly authorized by the Hong Kong regulator.

In contrast to the cash-create redemption approach, which restricts issuers to using cash alone to create new ETF shares, the in-kind creation model permits issuers to use other assets. In the US, local securities authorities have chosen the cash-create model as the redemption option for spot Bitcoin ETFs. Reportedly, after the SFC’s clearance, HKEX will need about two weeks to complete listing processes and other necessary preparations.

Highlighted Crypto News Today:

Shiba Inu Heats Up Amidst Massive 650 Million SHIB Token Burn

The decision might lead to more scrutiny for Bitcoin miners in the nation amid the halving.

The new law is an attempt to provide legislators a clearer picture of data centers.

Bitcoin (BTC) miners may be subject to more tracking after Norway approved new data center laws. All data centers in the nation will be required by the new law to formally register. This registration will include details on the data centers’ owners, managers, and the digital services they provide. Norway will lead the way in establishing such a framework throughout Europe.

According to Norway’s minister of energy Terje Aasland, the new law is an attempt to provide legislators a clearer picture of data centers in municipalities so that they may make more informed decisions on whether to approve or reject their operations.

Increased Scrutiny

In addition to the impending Bitcoin halving, which will cut block issuance incentives in half, threatening the profitability of Bitcoin miners, the decision might lead to more scrutiny for Bitcoin miners in the nation.

Aasland elaborated by saying that Norway’s cryptocurrency mining business has operated mostly unchecked. The minister went on to say that companies seeking to extract the country’s inexpensive electricity are not welcome.

There are a plethora of Bitcoin mining operations in northern Norway right now, because of the region’s cheap power. Local media source Dagsavisen reported in 2023 that crypto mining enterprises in northern Norway utilize approximately the same amount of power as the Lofoten district.

Aasland did point out, however, that Bitcoin mining companies aren’t wanted in the nation. According to the minister, data centers that serve a social purpose, such as storage server centers, are welcome. He referred to these facilities as an integral component of Norway’s social framework.

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Hong Kong Approves First Spot Bitcoin and Ethereum ETFs

The advertisement underlines the key distinctions between Bitcoin and other currencies.

The amount of pizza that can be bought with BTC at various times is highlighted in particular.

The next Bitcoin (BTC) halving event is the subject of a new commercial that crypto exchange Coinbase has released. This event is set to take place on April 19, 2024. The advertisement underlines the key distinctions between Bitcoin and other currencies in an effort to educate the public about the potential for a Bitcoin price increase.

Asking the strong question, “Is Bitcoin as effective as your money in time?” the ad starts off on the right foot. It launches a graph showing the growth in value of Bitcoin over time. The amount of pizza that can be bought with Bitcoin at various times is highlighted in particular.

All Eyes on Upcoming Halving Event

For Bitcoin and the whole crypto market, 2024 has been a watershed year. The U.S SEC authorized the first Spot Bitcoin ETFs in January. The legitimacy and attractiveness of Bitcoin as an investment have been boosted by this approval. With a new all-time high of almost $73,000 in March, the value of Bitcoin skyrocketed.

The entire crypto sector has benefited from the surge, not just Bitcoin holders. More people will be interested in investing in cryptocurrencies after the Bitcoin halving event. Coinbase is reportedly trying to ride this wave with its new advertising campaign.

Coinciding with the Bitcoin Halving, the value discrepancies are shown every four years. This is expected to take place in 2024, Friday, April 19th, which will lead to reducing the miners payout by half. Traders and investors are expecting high volatility around the event, with several analysts expecting price to rally as per historic data.

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Hong Kong Approves First Spot Bitcoin and Ethereum ETFs

Sharky protocol has grown to a major NFT lending and borrowing platform on the Solana ecosystem using NFTs as collateral.

The Sharky’s Token Generation Event on Tuesday, April 16, 2024, will not be distributed via an airdrop but through a claim process.

Holders of the Sharx NFT that have already upgraded will be given priority and allocation in the upcoming $SHARK token distribution process.

After completing the $SHARK farming season 1 on April 10, Sharky, the first and leading escrow-less Non-Fungible Tokens (NFT) lending protocol on the Solana (SOL) ecosystem, has announced the dates for the much-awaited Token Generation Event (TGE). The TGE for the native token of Sharky, $SHARK, will be conducted on the Solana-based decentralized exchange (DEX) Jupiter (JUP) on Tuesday, April 16, 2024.

According to top Sharky executive alias Restuta.sol during a recent X Spaces talk, holders of Sharx NFT will be given priority and a handsome allocation for being loyal since inception. 

Furthermore, sharx NFT has a total market cap of about 50,540 SOL, worth more than $7.5 million, and a daily average trading volume of about 6,074 SOL units.

Notably, sharx NFT holders will receive the $SHARK token based on their respective Chowder points. Sharky took a snapshot of all Sharky Points earned before the farming season started on Monday, February 12, 2024.

“We are thrilled to announce the launch of our Token Generation Event as we embark on the next phase of Sharky’s journey. Our mission has always been to democratize access to liquidity for NFT holders, and with the expansion to Ordinals and RWA, we are poised to make a lasting impact on the broader NFTFi ecosystem,” Sharky CEO Anton Vynogradenko, said.

Meanwhile, Sharky has already inked a strategic partnership with Streamflow Finance, a token distribution layer empowering Decentralized Autonomous Organizations (DAOs) and protocols with automated token vesting and airdrops. As a result, Sharky has reassured its investors and customers that the $SHARK tokenomics are tamper-proof and designed to ensure efficiency in network adoption.

Sharky and the Market Outlook

The Solana (SOL) ecosystem has grown to a major web3 hub that is constantly threatening the Ethereum network, despite the recent congestion caused by meme coins frenzy. The Solana NFTs have played a major role in real-world assets (RWA) tokenization and also through in-game artwork exchange.  

According to market data provided by Coingecko and Dappradar, Sharky’s sharx NFTs have been leading in the Solana NFT ecosystem, which is valued at about $543 million, and a daily average trading volume of around $3 million.

Undeniably, the upcoming $SHARK token launch has seen the daily average trading volume of sharx NFT spike. 

Furthermore, the Sharky team has expressed interest in expanding the lending and borrowing services to trillion-dollar industries of ordinal and real-world assets tokenization. With about $5 million in Total Value Locked (TVL), the Sharky protocol has facilitated more than $4 million in Solana and NFTs borrowing and lending.

“Since its inception, Sharky has emerged as the go-to platform for Solana NFT holders seeking liquidity. With an impressive track record, the platform has facilitated over 1.4 million loans, demonstrating its unparalleled capability to meet the growing demand for NFT-backed lending solutions,” the announcement highlighted.

By allowing NFT holders to access liquidity without necessarily liquidating their assets, the Sharky platform is well-positioned to grow in the near future. Moreover, the web3 metaverse industry has grown immensely over the past few years with the adoption from institutional investors and nation-states.

Meta has introduced a plethora of enterprise metaverse products and services.

The move indicated a departure from personalized user experiences like games.

The educational sector will soon get access to Meta’s enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this business are “by far the most popular on the market,” as Statista puts it.

Moreover, by the end of 2024, the industry is projected to have over 34 million units deployed. Statista estimates that there were 14.2 million VR users in 2020; if this forecast holds, the industry would have grown at a CAGR of over 27.3% since then.

Departure from Personalized User Experiences

Meta has introduced a plethora of enterprise metaverse products and services in an effort to preserve its dominant position. According to a recent report, the move indicated a departure from personalized user experiences like games and one-time immersion environments. A stronger emphasis on educational goods and services seems to be the next step in this change.

Furthermore, details and the name of the new product will be announced “in the coming months,” and it is expected to be fully launched by the end of 2024. Also, it will be accessible in the Quest for Business market, which encompasses the majority of European, Australian, Canadian, Japanese, New Zealand, and American regions, as stated in the blog post.

Meta listed a number of classrooms that are already using Quest headsets as examples of their use in education. These include a biology class at Glasgow University that puts students inside the human body, a criminology class at New Mexico State that puts them at a virtual crime scene, and an MBA class at Stanford University that helps students prepare for job interviews.

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Solana Status announced the mainnet upgrade for the Solana network, version 1.17.31.

This upgrade includes improvements that will aid in reducing the persistent congestion.

To address the persistent congestion problems on the network, Solana has released an upgrade on mainnet beta. After the recent network congestion problems that delayed or failed 75% of transactions, the price and sentiment of Solana ecosystem tokens plummeted.

Solana Status announced the mainnet upgrade for the Solana network, version 1.17.31, in a post on X on April 15. To stop the Solana network from experiencing further congestion, validators for the Mainnet Beta must upgrade with the release.

Addressing Persistent Congestion Issues

This release is ready for Mainnet Beta and has shown to be stable. This upgrade includes improvements that will aid in reducing the persistent congestion on the Solana Network.

Anatoly Yakovenko, co-founder of Solana stated:

“The gestation time for a major release is around 30 patch releases.”

Additionally, the Solana-centric devshop Anza released version 1.18.11 to devnet. The persistent congestion problems on the Solana chain will be resolved with the upgrade. Based on what Anza has mentioned, the Agave validator client’s behavior and a QUIC implementation are the main causes of network congestion.

Anza said that v1.18, which would address congestion concerns further on the network, will be released after the most recent mainnet upgrade.

Lookonchain, an on-chain platform, also revealed that whales pulled around $3 million worth of Solana out of Binance to purchase Solana meme currencies MEW and SLERF, just as the overall cryptocurrency market started to show signs of rallying.

As a result of recent developments, the price of SOL jumped from its 24-hour low of $133.79 to a high of $156 as per data from CoinMarketCap. At the time of writing, SOL is trading at $144.57, up 4.55% in the last 24 hours.

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Bullish WIF price prediction for 2024 is $5.4277 to $8.01303.

dogwifhat (WIF) price might reach $10 soon.

Bearish WIF price prediction for 2024 is $2.4235.

In this dogwifhat (WIF) price prediction 2024, 2025-2030, we will analyze the price patterns of WIF by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. 

TABLE OF CONTENTS INTRODUCTION

dogwifhat (WIF) Current Market Status

What is dogwifhat (WIF)?

dogwifhat (WIF) 24H Technicals

DOGWIFHAT (WIF) PRICE PREDICTION 2024

dogwifhat (WIF) Support and Resistance Levels

dogwifhat (WIF) Price Prediction 2024 — RVOL, MA, and RSI

dogwifhat (WIF) Price Prediction 2024 — ADX, RVI

Comparison of WIF with BTC, ETH

DOGWIFHAT (WIF) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ

dogwifhat (WIF) Current Market Status

Current Price $2.84 24 – Hour Price Change 4.44% Up 24 – Hour Trading Volume $967,782,729 Market Cap $2,826,962,984 Circulating Supply 998,920,173 WIF All – Time High $4.85 (On Mar 31, 2024)  All – Time Low $0.0677 (On Jan 08, 2024) 

ADA Current Market Status (Source: CoinMarketCap) What is dogwifhat (WIF)? TICKER WIF BLOCKCHAIN Solana CATEGORY Meme coin LAUNCHED ON November 2023

With a market cap of around $4 billion, Dogwifhat (WIF) is now the third biggest meme coin after DOGE and SHIB – a feat it achieved within four months of its launch. The project’s success is attributed to its catchy meme concept of a dog wearing a hat. 

Additionally, WIF’s rise has also positively impacted Solana’s recovery, as investors had to buy SOL to convert it into WIF. Further, the community’s ambitious fundraising campaign to display their meme on the Las Vegas Sphere raised nearly $700,000.

WIF 24H Technicals

(Source: TradingView)

dogwifhat (WIF) Price Prediction 2024

dogwifhat (WIF) ranks 42nd on CoinMarketCap in terms of its market capitalization. The overview of the WIF price prediction for 2024 is explained below with a daily time frame.

WIF/USDT Falling Wedge Pattern (Source: TradingView )

In the above chart, dogwifhat (WIF), laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. 

This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.

At the time of analysis, the price of dogwifhat (WIF) was recorded at $2.84. If the pattern trend continues, then the price of WIF might reach the resistance levels of $4.3581, and $4.8745. If the trend reverses, then the price of WIF may fall to the support of $3.9111, and $3.6695.

dogwifhat (WIF) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of dogwifhat (WIF) in 2024.

WIF/USDT Resistance and Support Levels (Source: TradingView )

From the above chart, we can analyze and identify the following as resistance and support levels of dogwifhat (WIF) for 2024.

Resistance Level 1 $5.4277 Resistance Level 2 $8.1303 Support Level 1 $3.6274 Support Level 2 $2.4235

WIF Resistance & Support Levels

dogwifhat (WIF) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of dogwifhat (WIF) are shown in the chart below.

WIF /USDT RVOL, MA, RSI (Source: TradingView )

From the readings on the chart above, we can make the following inferences regarding the current dogwifhat (WIF) market in 2024.

INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $3.7021Price = $3.8828(50MA < Price) Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 44.6805<30 = Oversold50-70 = Neutral>70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume

dogwifhat (WIF) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of dogwifhat (WIF) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

WIF/USDT ADX, RVI (Source: TradingView )

From the readings on the chart above, we can make the following inferences regarding the price momentum of dogwifhat (WIF).

INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 30.4413 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 55<50 = Low>50 = High High Volatility

Comparison of WIF with BTC, ETH

Let us now compare the price movements of dogwifhat (WIF) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs WIF Price Comparison (Source: TradingView )

From the above chart, we can interpret that the price action of WIF is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of WIF decreases, if the price of BTC and ETH decreases, the price of WIF increases.

dogwifhat (WIF) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of dogwifhat (WIF) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year  Bullish Price  Bearish Price dogwifhat (WIF) Price Prediction 2025 $13.4 $3.80 dogwifhat (WIF) Price Prediction 2026 $15.7 $3.48 dogwifhat (WIF) Price Prediction 2027 $18 $2.98 dogwifhat (WIF) Price Prediction 2028 $20 $2.56 dogwifhat (WIF) Price Prediction 2029 $23 $2.12 dogwifhat (WIF) Price Prediction 2030 $30 $2.67

Conclusion

If dogwifhat (WIF) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish dogwifhat (WIF) price prediction for 2024 is $8.1303. Comparatively, if unfavorable sentiment is triggered, the bearish dogwifhat (WIF) price prediction for 2024 is $2.4235.

If the market momentum and investors’ sentiment positively elevate, then dogwifhat (WIF) might hit $10. Furthermore, with future upgrades and advancements in the dogwifhat ecosystem, WIF might surpass its current all-time high (ATH) of $4.85 and mark its new ATH. 

FAQ

1. What is dogwifhat (WIF)?

Dogwifhat is a meme coin on the Solana blockchain featuring a dog wearing a hat, becoming the third largest meme coin post-launch.

2. Where can you buy dogwifhat (WIF)?

Traders can trade dogwifhat (WIF) on the following cryptocurrency exchanges such as Binance, Bybit, Bitget and more

3. Will dogwifhat (WIF) record a new ATH soon?

With the ongoing developments and upgrades within the dogwifhat platform, dogwifhat (WIF) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of dogwifhat (WIF)?

dogwifhat (WIF) hit its current all-time high (ATH) of $4.85 on Mar 31, 2024.

5. What is the lowest price of dogwifhat (WIF)?

According to CoinMarketCap, WIF hit its all-time low (ATL) of $0.0677 on Jan 08, 2024.

6. Will dogwifhat (WIF) hit $10?

If dogwifhat (WIF) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.0005 soon.

7. What will be the dogwifhat (WIF) rice by 2025?

dogwifhat (WIF) price might reach $13.4 by 2025.

8. What will be the dogwifhat (WIF) price by 2026?

dogwifhat (WIF) price might reach $15.7 by 2026.

9. What will be the dogwifhat (WIF) price by 2027?

dogwifhat (WIF) price might reach $18 by 2027.

10. What will be the dogwifhat (WIF) price by 2028?

dogwifhat (WIF) price might reach $20 by 2028.

Top Crypto Predictions

Cardano (ADA) Price Prediction

Pepe (PEPE) Price Prediction

Solana (SOL) Price Prediction

                                                                                                                                                                                               Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Stepping into the crypto spotlight, UXLINK is excited to announce its first-ever airdrop event, set to be one of the biggest this year. Dubbed “In UXLINK We Trust,” this event has grabbed global attention, marking a big moment for the UXLINK community.

According to their latest tweet, the airdrop will be categorized into 4 different levels based on odyssey and contribution to the UXLINK community, and 4 sets of themed NFTs will be issued, with community voting on the NFT theme words currently underway. 

Based on UXLINK’s size of over 5 million users, even if the first season airdrop goes to 10% of users, more than 500,000 people will receive UXLINK’s governance token $UXLINK, which will be the largest airdrop so far this year. UXLINK is now the world’s largest social platform based on Web3-enabled groups, and supports crypto asset issuance and trading.

Within the UXLINK ecosystem, the $UXLINK token plays a crucial role. As a governance token, it empowers the community with decision-making authority and captures the value of projects and products. UXLINK has established a robust token supply and distribution strategy, with 65% of tokens allocated to the community, 21.25% to investors, 8.75% to the team and 5% to the treasury, ensuring a fair distribution process. The total token supply does not exceed 1 billion tokens.

The token release schedule varies for stakeholders. Community tokens will be airdropped monthly with no set lock-up period. Partner and team tokens will be released after a certain lock-up period to ensure the project’s long-term development. UXLINK’s community distribution strategy is closely tied to users’ and builders’ Proof of Work (POW) and Proof of Link (POL) contributions. The release of $UXLINK tokens correlates directly with the number of eligible users and adjusts based on the network’s growth trajectory.

UXLINK’s airdrop event is not just a token distribution but a testament to its trust and commitment to the community. Through strict distribution policies and innovative airdrop mechanisms, UXLINK will bring substantial rewards to its community members and lead the development of the new Web3 social era.

About UXLINK:

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

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The Financial Sector Conduct Authority (FSCA) of South Africa has awarded VALR, the Pantera-backed cryptocurrency exchange with its headquarters located in Johannesburg, both a Category I and Category II license to operate as a Crypto Asset Service Provider (CASP). With this accomplishment, VALR becomes one of the first platforms for cryptocurrency assets in South Africa to be approved by regulators in both categories.

In order to comply with South African rules, crypto asset providers have six months from the day the FSCA launched CASP license applications to apply for a license. A regulatory framework for CASPs, which include exchanges of cryptocurrency assets, wallet providers, custodians, and other financial service providers related to cryptocurrency assets, has been developed by the regulatory body in South Africa. Through the registration and regulation of these organizations, the nation hopes to safeguard consumers and investors, build confidence, and encourage long-term development in the cryptocurrency sector.

By trading volume, VALR, which was established in 2018, is now the biggest cryptocurrency asset exchange in South Africa and on the African continent. More than 500,000 traders worldwide and more than 1000 corporate and institutional customers are served by the exchange. The platform provides a wide range of cryptocurrency trading services to both retail and professional traders. It also has one of the industry’s most powerful Application Programming Interfaces (APIs), which algorithmic and high-frequency traders employ.

Farzam Ehsani, the Co-Founder and CEO of VALR, said:

“Obtaining the CASP license from the FSCA is a monumental achievement for VALR. Over the past six years, we have actively collaborated with the South African regulators who have now pioneered a regulatory regime, allowing innovation to flourish while protecting the public interest. Our license underscores our unwavering dedication to compliance, security, and providing a trustworthy platform for the crypto community. We welcome this regulatory milestone for South Africa and applaud the regulators for taking this important step for the nation.”

While moving deeper into 2024, the cryptocurrency landscape continues evolving, presenting challenges and opportunities for investors. Amidst this dynamic environment, selecting cryptocurrencies with high growth potential is crucial for maximising returns. BlockDAG stands out as a frontrunner in this new era of digital finance, offering a revolutionary approach to the inherent limitations of traditional blockchains. Its presale success garnering over $17.3 Million is a testament.

This listicle delves into the top five cryptocurrencies BlockDAG, PikaMoon, Ethereum, Solana, and Avalanche. It highlights how BlockDAG’s innovative technology sets it apart as the prime investment choice for those looking for 30000x ROI potential.

Top 5 High-Growth Potential Cryptocurrencies for Investment

1. BlockDAG’s Massive Price Increases with Each Batch

BlockDAG is poised to revolutionise the blockchain landscape with its innovative hybrid structure that combines the security of traditional blockchains and the scalability of Directed Acyclic Graphs (DAG). This unique approach addresses the blockchain trilemma—security, scalability, and decentralisation. With the ability to process transactions in parallel, BlockDAG offers enhanced throughput, making it ideal for high-volume applications like financial services and IoT. Its robust consensus mechanisms ensure uncompromised security and decentralisation.

The recent Technical Whitepaper V2 release and appearance at The Sphere Las Vegas, has made investors flock to the project. In its presale phase Batch 9, BDAG is priced at $0.005 and is expected to list at $0.05—a 4900% increase. The ongoing presale has already generated significant gains for early investors, with a 50% increase observed in each batch progression, highlighting its potential for a 30,000X return post-listing.

2. Pikamoon’s Low Market Cap

Pikamoon, with its meme appeal and GameFi utility, represents a unique investment opportunity in the crypto world. The project combines the engaging aspects of gaming with blockchain technology, offering significant growth potential reminiscent of early crypto gaming successes. The PIKA token is good due to its low market cap compared to competitors, providing a lucrative entry point for investors. The project’s roadmap includes significant developments like an open-world metaverse and additional exchange listings, signalling a promising future.

3. Ethereum Long-Term Growth

As the backbone of the DeFi and smart contracts ecosystem, Ethereum continues to hold significant appeal. The transition to Ethereum 2.0 and its shift to a proof-of-stake mechanism enhances its efficiency and addresses previous concerns like high gas fees and network congestion. Ethereum’s widespread use and the increasing number of applications developed on its platform make it a stable investment with long-term growth potential.

4. Solana (SOL) High Throughput

Known for its high throughput and low transaction costs, Solana offers an efficient alternative to traditional blockchains. It supports up to 50,000 transactions per second, promoting itself as an ideal platform for decentralised applications needing high-speed data processing. Solana’s combination of Proof of Stake and Proof of History ensures a scalable and user-friendly blockchain experience, making it an attractive choice for developers and investors.

5. Avalanche (AVAX) Processing 4.5K TPs

Avalanche excels in processing speed and compatibility, processing over 4,500 transactions per second and supporting Ethereum Virtual Machine (EVM)-compatible projects. Its high throughput and low latency make it a formidable competitor to established blockchains, offering a versatile platform for decentralised applications. The platform’s focus on interoperability and user-friendly migration options from Ethereum enhances its attractiveness as a high-potential investment.

The Final Verdict: Why BlockDAG Leads the Crypto Investment Pack

These cryptocurrencies represent a mix of established giants and emerging innovators in the blockchain space, each offering unique technologies and the potential for high returns. Investors looking for growth opportunities in the crypto market would consider these options with BlockDAG, especially with its cutting-edge hybrid structure, effectively tackling the blockchain trilemma of scalability, security, and decentralisation.

Its rapid presale progress and the significant returns seen by early investors underscore its potential for extraordinary growth, positioning it as an essential addition to any investment portfolio. BlockDAG, priced at $0.005 in Batch 9, promises a potential 30,000x growth. A revolutionary addition to crypto, welcoming both seasoned and new investors to be part of cutting-edge blockchain development.

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

Success stories in the world of cryptocurrencies can come from unexpected places. One such story is about a Shiba Inu millionaire who made a $560,000,000 investment in SHIB, which propelled him or her into the world of cryptocurrency wealth. An incredible story. But this person’s story doesn’t end there. After correctly forecasting the 100x rally of WIF, they lately focused on a new initiative called Hump. This Shiba Inu millionaire believes that Hump, which is presently valued at less than $0.05, has the potential to expand rapidly, much like their prior endeavours.

From SHIB to WIF: A Remarkable Prediction

The journey of this Shiba Inu millionaire began with an investment in the Shiba Inu token, a cryptocurrency inspired by the popular dog breed. Despite its humble beginnings, SHIB quickly gained traction in the crypto community, propelled by its meme-centric appeal and the widespread fascination with meme coins. As the value of SHIB skyrocketed, this investor’s initial stake in the token ballooned into a fortune worth hundreds of millions of dollars. However, it was not merely luck that propelled this individual to financial success. In a move that astonished many seasoned traders and analysts, the Shiba Inu millionaire accurately predicted the meteoric rise of another obscure cryptocurrency: Dogwifhat (WIF). While relatively unknown at the time, WIF experienced a staggering 100x rally, catapulting it into the spotlight and generating immense profits for those who had the foresight to invest early.

Spotting the Potential in Hump

Now, all eyes are on the Shiba Inu millionaire once again as he sets his sights on Hump, a burgeoning cryptocurrency currently priced under $0.05. Drawing parallels to his success with Dogwifhat, he believes that Hump has the potential to experience a similar explosive growth trajectory. His confidence in Hump stems from its innovative approach, robust community support, and promising tokenomics.

Understanding Hump: More Than Just a Meme Coin

At first glance, Hump may seem like just another meme coin in a sea of similar projects. However, a closer inspection reveals a project with ambitious goals and a dedicated team behind it. Unlike traditional meme coins burdened by hefty transaction taxes, Hump eliminates these fees, offering users a seamless and cost-effective experience. Moreover, the project places a strong emphasis on community involvement through a robust governance system, fostering a sense of ownership and participation among its stakeholders.

The Potential for Explosive Growth

Drawing parallels to their previous success with WIF, the Shiba Inu millionaire believes that Hump has the potential to undergo a similar explosive rally, driven by its unique features and promising developments. While its current price may seem modest, the Shiba Inu millionaire envisions Hump experiencing a significant surge in value, potentially multiplying its price several times over in the coming months. One of the key factors driving this bullish outlook is the robust development team of Hump and its commitment to fostering a vibrant and engaged community. By prioritizing transparency, innovation, and inclusivity, HUMP seeks to attract a diverse array of investors and enthusiasts, laying the groundwork for sustained growth and adoption. Furthermore, the integration of Hump with the Solana network, known for its high throughput and low transaction fees, positions it favourably in an increasingly competitive market. With Solana gaining traction as a preferred blockchain platform for decentralised applications (dApps) and DeFi protocols, Hump stands to benefit from the network effect, potentially propelling it to new heights.

Conclusion: A New Era of Opportunity

Identifying the next big opportunity requires a combination of foresight, diligence, and a willingness to take calculated risks. The Shiba Inu millionaire, with their uncanny ability to spot emerging trends and capitalize on them, exemplifies the potential for wealth creation in this dynamic ecosystem. As Hump emerges as the latest contender in the meme coin arena, all eyes are on its trajectory and potential for growth. While its fate remains uncertain, one thing is clear: with the right mix of innovation, community support, and market dynamics, Hump could very well follow in the footsteps of its predecessors and pave the way for a new era of opportunity in the world of cryptocurrency.

Click here to Buy Hump Token (HUMP):

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Making intelligent decisions can make the difference between significant profits and disastrous losses in the interesting and frequently unpredictable world of crypto trading. The cryptocurrency world is intrigued and impressed by the recent activities of one Solana Meme Trader who showed incredible insight by switching from Dogwifhat (WIF) to Hump (HUMP) right before a big market decline happened to the former. With a stunning 53% increase in the last day, Hump is firmly establishing itself as a top asset, and the trader’s clever manoeuvre is a top reference that should be looked into. We’ll examine the trader’s methodical approach to making strategic decisions, Hump’s ability to withstand market turbulence, and the wider ramifications for the cryptocurrency ecosystem in this piece.

Comprehending the Solana Meme Coin Trader’s Methodology

The trader demonstrated a strong grasp of the trading environment and a proactive strategy to risk management by switching from Dogwifhat to Solana’s latest sensation, Hump (HUMP).

The trader chose to reduce his exposure by moving his assets to Hump after noticing indications of possible volatility in Dogwifhat. This decision has turned out to be wise considering the subsequent 10% decline in Dogwifhat’s price. This tactical change highlights the trader’s capacity to adjust to shifting market circumstances and maximise returns on his portfolio.

Hump (HUMP): The OG Coin to Hold

Many cryptocurrencies may be questionable because of market volatility, but Hump has proven very resilient in the face of swings. Despite the general market volatility, Hump has proven to be a reliable investment inside the Solana meme coin ecosystem by not only weathering the storm but also rising by an amazing 53% in the last day. Hump’s solid core fundamentals, active community, and tactical positioning in the cryptocurrency sector are some of the reasons for its coin’s solid performance even when Bitcoin is tumbling.

Hump’s (HUMP) Allure

HUMP isn’t your average meme token—it’s a beacon of progress in the world of decentralised finance, Inspired by the adorable image of a furry friend, HUMP represents more than just a cute face; it embodies the spirit of innovation and community empowerment. The cryptocurrency world has taken notice of and expressed excitement towards Hump very rapidly, owing to its unique ecosystem advantage, colourful branding, and devoted following. Hump, which is based on the Solana blockchain, is a desirable choice for investors and traders alike because of its scalability, cheap fees, and quick transaction rates. Further boosting Hump’s attractiveness and growth is the younger investment audience it has captivated with its whimsical branding and meme appeal.

Evaluating the Trader’s Choice

The choice of the Solana Meme Coin Trader to amass a sizable bag of Hump (HUMP) demonstrates their faith in the token’s future prospects and capacity to generate sizable profits. The trader optimised himself to benefit from Hump’s increasing momentum and the possibility of large gains by strategically transferring his funds from Dogwifhat to Hump. This choice demonstrates a methodical approach to managing risks and a conviction in Hump’s fundamental value proposition as the best asset in the current cryptocurrency space.

In Conclusion

The recent switch by the Solana meme coin trader from Dogwifhat to Hump right before the eventual decline in the value of WIF emphasises the significance of risk management and strategic foresight in cryptocurrency trading. The trader has shown exceptional skill and dexterity in handling market swings by anticipating possible volatility and promptly reallocating funds to Hump. With a stunning 53% increase in the past day, Hump has proven to be a valuable asset in the Solana ecosystem thanks to its outstanding performance and durability in the face of market volatility. The trader’s choice is evidence of the long-lasting popularity and room for expansion that Hump, an inventive meme coin, continues to offer traders and investors alike. Having soared by 53% in less than 24 hours, there is more to come for this new Solana Meme Coin, join this Smart Solana Trader and enjoy profits by accumulating HUMP today.

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In wake of Bitcoin’s halving event just a few days away, the crypto community is gearing for a bull market, and investors are on the lookout for profitable investment opportunities. This anticipated event has catalyzed the price movements of a good number of altcoins in the cryptocurrency market.

Experts have identified Bitgert Coin (BRISE), Befe Coin (BEFE), and Centcex (CENX) as profitable projects and are now backing them for a huge success in Q2. The historical price patterns and rapid growth in adoption of these projects are driving investors’ confidence in their favor.

This article reviews these projects and answers the question: are they the top investor picks in the current market?

Top Investors are Identifying With Centex (CENX)

Centcex is an innovative project actively involved in the development and scaling of blockchain, like Bitgert Chain, BNB Chain, and other Ethereum-based projects.

Despite an exponential growth in the community of users, Centcex (CENX) aims to continue this trend and build an even larger user base for their products.

Centex’s robust functionality has driven its adoption in the last few months, consequently driving investors’ confidence in its favor. As the crypto winner draws its curtain and the market gears for a crypto summer, investors seeking high-reward projects are edifying with CENX.

Enthusiasts Believe BEFE will Restore the Glory of Meme Coins

Meme coins like DOGE, PEPE, and SHIBA have gradually lost their touch of fun and vibes, making them duller than they were originally intended. However, with the arrival of BEFE Coin in the market, everything is about to change.

Set to displace these doggy and froggy tokens, BEFE Coin has one clear mission: to restore the glory days of meme coins. Several enthusiasts and market experts are backing BEFE to unseat the Inus and find its way to the top of the meme coin market. This growing support would spur BEFE’s market value in 2024. 

Invest in BEFE and position yourself for a huge financial win this year.

Join the Bitgert Train For a Huge Financial Win in 2024

Bitgert’s ecosystem provides a cost-efficient platform that allows users and developers to enjoy a seamless transactional experience. Bitgert is able to deliver users this efficiency through its PoA consensus. With this superior technology, Bitgert can peak up to 100,000 transactions per second at top speed and charge ultra-low fees on its blockchain.

Bitgert’s robust ecosystem, ranging from a number of native products such as LocalBitgert, Bitgert Chain, Bitgert P2P Marketplace, Bitgert Exchange, Bitgert Developer Grant Program, and Bitgert Startup Studio, etc., has attracted a growing number of users, developers, and investors in the long term.

Bitgert’s price trend and technical indicators (MACD and RSI) are also indicating a bullish outlook for Bitgert Coin. Moreover, Bitgert’s profit potential of 3000% ROI has attracted savvy investors who are willing to capitalize on the opportunity.

Join the Bitgert train for a huge financial win in 2024.

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

Within the dynamic world of decentralized finance (DeFi), Retik Finance (RETIK) emerges as a beacon of innovation and promise. With its visionary approach and cutting-edge solutions, Retik Finance is poised to redefine the landscape of cryptocurrency. Retik Finance (RETIK) is a pioneering decentralized finance (DeFi) platform that aims to revolutionize the financial landscape by offering innovative solutions and comprehensive services. With three major qualities, Retik Finance stands out to be the future of DeFi with its 

Innovative Solutions and Comprehensive Ecosystem

Retik Finance (RETIK) stands out in the realm of decentralized finance (DeFi) through its innovative approach and comprehensive ecosystem, which offers a diverse array of cutting-edge features. These include Defi solutions such as futuristic DeFi debit cards, smart crypto payment gateways, AI-powered peer-to-peer lending, and a multi-chain non-custodial highly secured DeFi wallet. The platform’s commitment to addressing key pain points in traditional finance, such as lack of accessibility and security concerns, is evident in its suite of offerings. Retik Finance’s multi-chain approach ensures compatibility with various blockchain networks, enhancing interoperability and user convenience. Moreover, the use of AI in peer-to-peer lending streamlines processes and improves risk assessment, fostering trust within the ecosystem. The recent trends in the DeFi space highlight the increasing demand for comprehensive solutions that offer both convenience and security, positioning Retik Finance favourably as it provides seamless access to decentralized financial services.

Compared to competitors like Cardano and Polygon, while these platforms offer valuable solutions within the DeFi landscape, they may lack the breadth and depth of features found in Retik Finance’s ecosystem. Retik Finance’s emphasis on providing a one-stop platform for all DeFi needs grants it a competitive edge. The comprehensive nature of its offerings, as outlined in the Retik Finance whitepaper, caters to a wide range of user requirements, from basic cryptocurrency transactions to advanced DeFi functionalities. As the DeFi market continues to evolve and mature, users are increasingly seeking platforms that offer holistic solutions while maintaining high standards of security and usability. Retik Finance’s commitment to innovation, coupled with its focus on addressing fundamental challenges in the traditional financial system, positions it as a frontrunner in the DeFi space, with the potential to attract a larger user base and establish itself as the preferred choice for decentralized finance solutions.

Retik Finance’s Successful Presale Rising Over $32M

Retik Finance’s highly successful presale, which amassed over $32 million, reflects a burgeoning investor interest and confidence in the project. This substantial funding influx equips Retik Finance with the necessary resources to propel the development of its ecosystem, extend its outreach, and drive adoption. The active participation of institutional investors and strategic partners underscores their belief in Retik Finance’s vision and its potential for substantial growth. With a solid financial footing and robust investor backing, Retik Finance is poised to execute its roadmap ambitiously, potentially surpassing competitors such as Cardano and Polygon. Key strategic initiatives, including the recent $333,000 giveaway event, have played a pivotal role in fostering vibrant community engagement and bolstering investor trust. The forthcoming announcement concerning Retik Finance’s exchange listing and vesting schedule will be exclusively communicated through its official social media channels, further solidifying its transparent and community-oriented approach. In acknowledgment of Retik Finance’s achievements during the presale phase, the platform is thrilled to unveil a special $5000 giveaway. Participation is straightforward: users are encouraged to share original photos, videos, or memes capturing their excitement. This initiative not only celebrates community involvement but also serves as a token of appreciation for the unwavering support and dedication exhibited by its users. With such initiatives and a growing ecosystem, Retik Finance is on a trajectory toward establishing itself as a prominent player in the decentralized finance landscape, attracting both investors and users alike with its innovative solutions and community-driven ethos.

Emphasis on Security, Reliability, and Community Engagement

Retik Finance distinguishes itself from competitors like Cardano and Polygon by placing a strong emphasis on security, reliability, and community engagement. Its thorough audit by Certik, a reputable blockchain security firm, validates its integrity and reliability, instilling confidence in both investors and users. Furthermore, Retik Finance actively involves its community through strategic initiatives such as giveaways, events, and social media outreach, fostering a loyal and supportive user base. While Cardano and Polygon also prioritize these aspects, Retik Finance’s proactive approach may grant it a competitive advantage, positioning it for long-term success. With its innovative solutions, strategic partnerships, and commitment to security and community engagement, Retik Finance has the potential to outperform Cardano and Polygon in the decentralized finance landscape. As the cryptocurrency market evolves, investors should closely monitor Retik Finance’s trajectory as it seeks to disrupt and revolutionize the DeFi space.

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

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