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Top 5 Free Mining Coins in 2023. 1- Pi network. The Pi Network is a platform that allows users to mine Pi cryptocurrency from their mobile phones without draining the battery. It’s designed to be user-friendly and doesn’t require any advanced technical knowledge. The network is built on a new blockchain protocol that is more secure and scalable, and it doesn’t produce massive electrical waste. The Pi Network was created by a team of Stanford PhDs and aims to make cryptocurrency accessible to as many people as possible. The network is built for everyone, and it’s fueled by Pi, the world’s most widely distributed cryptocurrency. The founders, Nicolas Kokkalis and Chengdiao Fan believe in the technical, financial, and social potential of cryptocurrencies. 2- Avive Coin. Avive is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency avive, to facilitate programmable payments and open financial infrastructure development1. Avive has a unique mission to create a new decentralized social world by empowering geonetworking protocols and onboarding millions of developers and billions of users to Web3. 3- ICE network. ice is the newest digital currency that you can mine for free using your phone. The ice project has been imagined to bring back trust in digital assets and deliver a true sense of community for users who don’t have the financial resources to mine Bitcoin or are simply too late to enter the game. 4- Sidra Bank. the premier destination for digital Islamic banking. Their vision is is to create the world’s largest decentralized Islamic DEFI platform. At Sidra Bank, we understand the importance of adhering to Islamic principles in financial transactions. As one of the five pillars of Islam, zakat plays a significant role in the way Muslims approach money. 5- Bondex Orign. Talent network and recruitment for Web3.

Top 5 Free Mining Coins in 2023.

1- Pi network.

The Pi Network is a platform that allows users to mine Pi cryptocurrency from their mobile phones without draining the battery. It’s designed to be user-friendly and doesn’t require any advanced technical knowledge. The network is built on a new blockchain protocol that is more secure and scalable, and it doesn’t produce massive electrical waste.

The Pi Network was created by a team of Stanford PhDs and aims to make cryptocurrency accessible to as many people as possible. The network is built for everyone, and it’s fueled by Pi, the world’s most widely distributed cryptocurrency. The founders, Nicolas Kokkalis and Chengdiao Fan believe in the technical, financial, and social potential of cryptocurrencies.

2- Avive Coin.

Avive is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency avive, to facilitate programmable payments and open financial infrastructure development1. Avive has a unique mission to create a new decentralized social world by empowering geonetworking protocols and onboarding millions of developers and billions of users to Web3.

3- ICE network.

ice is the newest digital currency that you can mine for free using your phone.

The ice project has been imagined to bring back trust in digital assets and deliver a true sense of community for users who don’t have the financial resources to mine Bitcoin or are simply too late to enter the game.

4- Sidra Bank.

the premier destination for digital Islamic banking. Their vision is is to create the world’s largest decentralized Islamic DEFI platform.

At Sidra Bank, we understand the importance of adhering to Islamic principles in financial transactions. As one of the five pillars of Islam, zakat plays a significant role in the way Muslims approach money.

5- Bondex Orign.

Talent network and recruitment for Web3.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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What's Going On With Ethereum (ETH)? 10x Researcher Shares Intriguing Takes. Markus Thielen, research CEO at 10x Research, has cast a spotlight on Ethereum's trajectory, suggesting a potential decline to $2,500. His analysis points to weak fundamentals within the Ethereum network that could not only affect its value but also pose a hindrance to Bitcoin's progress. Ethereum, often touted as the backbone of decentralized finance (DeFi) and the non- fungible token (NFT) ecosystem, has long been regarded as a cornerstone of the cryptocurrency market. However, in this present cycle, Ethereum remains a basket case. According to the 10x researcher, Ethereum was the driving force during the 2020/2021 cycle because it was intended to replace the legacy banking system. NFT minting opened up new avenues for cryptocurrency acceptance, which may have evolved into other personalized papers on the blockchain, resulting in widespread "wallet" adoption. However, the Ethereum developers did not respond quickly enough. The inability of Ethereum developers to react quickly in the face of a major opportunity for the ETH ecosystem and a slew of other variables has weighed on Ethereum's fundamentals, casting doubt on its prospects. According to Thielen, the implications of Ethereum's weak fundamentals extend beyond its ecosystem. Thielen points out a high correlation between Bitcoin and Ethereum, with an R-square of 95%. Ethereum's weak fundamentals are becoming a roadblock for Bitcoin, preventing large-scale fiat inflows into the cryptocurrency ecosystem, he says. Thielen's forecast coincides with a period of increased uncertainty and volatility, with the cryptocurrency market under selling pressure. At the time of writing, ETH has fallen 4.32% in the last 24 hours to $2,902, matching the sell-off in the broader cryptocurrency market.
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Top Crypto Gainers and Losers of the Week. Crypto Gainers of the Week. 1. Render (RNDR) Render, the artificial intelligence altcoin, has experienced a 31.16% increase in value in the last week. With a market capitalization value of $4.2 billion, Render has solidified its position as the 24th largest cryptocurrency.. In the past day, the trading volume of the token has seen a slight drop of 19.24%, reaching $483.96 million. 2. Akash Network (AKT) Another Al altcoin, Akash Network, has shown significant growth with a weekly rise of 28.98%. Despite slight fluctuations, the token has recorded a market cap of $1.3 billion, making it the 63rd largest cryptocurrency. Over the past 24 hours, there has been a 16.55% increase in volume, totaling $257.9 billion. Crypto Losers of the Week.p 1. Core (CORE) Core has seen a decrease of 21.41% in the last week, showcasing the challenges that some cryptocurrencies are encountering in today's market environment. Core is holding the 60th largest cryptocurrency, with a market capitalization of $1.4 billion. The token of the layer 1 blockchain that that is compatible with Ethereum Virtual Machine (EVM), has experienced a 11.04% reduction in trading volume over the last 24 hours, resulting in a total of $69.89 million. 2. Bonk (BONK) BONK price experienced a decrease of 18.35% over the week, highlighting the volatility that comes with the cryptocurrency market. Even with this setback, the Solana memecoin has recorded a market capitalization of7 $1.47 billion, solidifying its position as the 59th biggest cryptocurrency. BONK's trading volume has grown by 5.50% over the past day, now standing at $238.91 million. Unipics, known as "Bonk Guy," shared a bullish outlook on Bonk. He believes BONK's recent weakness is due to token vesting for OpenBook users, causing sell pressure. With the vesting period ending soon, he expects a change in market dynamics.
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Legendary Trader Peter Brandt Shorts Ethereum Futures, but There's Catch. Legendary trader Peter Brandt has revealed his latest Ethereum (ETH) position. Known as an Ethereum critic, Brandt shared a strong opinion that suggests Ethereum is generally always weakly held. The legendary trader said he is officially short on Ethereum futures coming into the weekend. The veteran trader noted that he does not short spot trades as that creates too much counterparty risk. It is worth noting that Peter Brandt is generally always short on Ethereum as he is convinced the digital currency has no bullish future to look forward to. At the time, Brandt projected that the price of Ethereum would fall to $600 in the future. While this has yet to materialize, he began trading Ethereum some months back, noting that the charts present good opportunities to take advantage of. Peter Brandt shared the chart that showcases his current outlook for Ethereum. The chart showed how Ethereum continues to nosedive from over $3,500 at its peak in April. Brandt marked a recent turning point at $3,058.43 that was accompanied by a sharp long bearish candle. At the time of writing, Ethereum's price has breached the $3,000 support zone and is currently changing hands for $2,908.05, down by 4.17% in 24 hours. The Ethereum futures short trade he placed comes with a twist. While cautioning his followers, Peter Brandt said he always uses stop losses. He said if his trade goes against him, he would buy a spot and switch it for a futures position on Monday. Peter Brandt brings decades of experience into the crypto trading game. Many follow his trades, however, not everyone believes in his doomsday thesis for Ethereum. This is especially true considering how Ethereum has been innovating with a series of protocol upgrades in recent times. The blockchain is currently experimenting on how to solve its gas fee problems through a recent proposal introduced by its co-founder Vitalik Buterin.
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Render (RNDR) Price Slips Following 27% Rally, Here's Why. Following an attention-grabbing weekly bull run illustrated by RNDR's price, surging 27%, the Render token appears to have encountered a setback today. Here's what might have caused the price to tumble. In an unprecedented turn of events, RNDR, the native token of the Render Network, illustrated signs of a pullback today, May 11, following a phenomenal bull run witnessed over the past week. After rallying 27.30% in the past seven days, RNDR's price slipped nearly 3% in the past 24 hours, falling in line with a stockpile of market statistics. Here's a closer look into these metrics and what the Render token's long-term prospects look like. Market Maker Dumps Colossal Amounts of RNDR. In a post shared by the on-chain analytics platform 'The Data Nerd,' it was brought to light that address 0x537, reportedly linked to GSR Markets, a renowned digital asset market maker, deposited a staggering 500,000 RNDR, worth $5.56 million, to Binance. This action appears to have primarily influenced the token's current price movement, pulling it into the red territory. RNDR Price Dips, What's Next? As of writing, RNDR's price has slipped 3.50% in the past 24 hours and is currently trading at $10.93. The AI token's market cap fell 3.81%, reaching $4.24 billion, followed by a 24-hour trading volume plunge of 15.09% to $458.78 million. Coinglass data illustrates that RNDR's open interest dipped 1.99%, reaching $183.09 million, whereas derivatives volume dropped 6.41% to $734.18 million. Underscoring loss of investor interest and reduced market activity, this further rationalizes the token's today's tumbled movement. Meanwhile, the RSI hovered at 65, with a buying sentiment prevailing within the market. This hinted that the token has yet to reach overbought territory, with potential gains lying ahead. Conversely, the market may witness a price correction if an overbought territory is reached. On the other hand, with the coin gaining roughly 27% over the past week, sentiments of a due price correction already loom.
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