TL;DR

Polkadot has introduced the Join-Accumulate Machine (JAM) upgrade to replace the Relay Chain and launched a 10 million DOT prize to encourage development.

The protocol improved block validation efficiency after a vital upgrade and formed a strategic partnership with the Founder Institute to launch its first Web3 cohort.

The Recent Advancements

Polkadot keeps holding center stage thanks to the developments surrounding its ecosystem and some strategic partnerships. Most recently, founder Gavin Wood revealed that the community has ratified the Join-Accumulate Machine (JAM) Gray Paper as “its next major protocol evolution with a near-unanimous governance vote.”

This technical upgrade is designed to replace the existing Relay Chain (the central chain of the network) with a more modular and minimalistic architecture. It combines elements of Polkadot and Ethereum, supports existing parachains, and aims to enhance network stability and scalability​. 

Last month, the team announced the JAM Implementer’s Prize, a 10 million DOT reward pool to encourage diverse development efforts and foster innovation within the ecosystem.

Enabling Asynchronous Backing on the Polkadot network is also worth mentioning. The upgrade represents “an optimized approach for how parachain blocks are validated by the Relay Chain.” 

The team disclosed that blocks are produced twice as fast, while available blockspace was increased by 6-10 times following that advancement.

Last but not least, Polkadot inked an important deal with Founder Institute (a leading business incubator that turns ideas into fundable startups). The latter described the collaboration as “strategic,” explaining that it marks the beginning of “an exciting chapter” related to the launch of the first Web3 cohort in its Core Program.

The start of the initiative was scheduled for May 28 and it will be guided by leading experts from the Polkadot community.

DOT Price Outlook

Polkadot’s native cryptocurrency witnessed an uptick in the past few days, rising to as high as $7.70 on May 27. However, it could not keep the momentum, plunging to its current level of approximately $7.06 (per CoinGecko’s data).

DOT Price, Source: CoinGecko

Despite the recent drop, though, many analysts are optimistic that DOT can reach new peaks in the near future. The X user Block Diversity claimed that the asset’s latest pullback resulted from following BTC’s footsteps. Recall that the primary cryptocurrency briefly dipped to nearly $67,000 today (May 30). The analyst maintained that DOT remains in a bullish mode as long as it trades above the critical resistance level of $6.90.

Altcoin Sherpa chipped in, too, predicting a possible price pump for the token. However, they don’t think it will outperform the rest of the market, advising investors to cash out their DOT holdings during the next resurgence.

The post Polkadot (DOT) Ecosystem Recap: The Latest Developments appeared first on CryptoPotato.

According to CryptoPotato, Polkadot has launched the Join-Accumulate Machine (JAM) upgrade, replacing the Relay Chain, and has initiated a 10 million DOT prize to stimulate development. The protocol has enhanced block validation efficiency following a significant upgrade and has formed a strategic alliance with the Founder Institute to initiate its first Web3 cohort.

Polkadot continues to be in the limelight due to the developments within its ecosystem and several strategic partnerships. Recently, founder Gavin Wood announced that the community has approved the Join-Accumulate Machine (JAM) Gray Paper as 'its next major protocol evolution with a near-unanimous governance vote.' This technical upgrade is intended to replace the existing Relay Chain, the network's central chain, with a more modular and minimalistic architecture. It merges elements of Polkadot and Ethereum, supports existing parachains, and aims to improve network stability and scalability.

In the previous month, the team announced the JAM Implementer’s Prize, a 10 million DOT reward pool to encourage diverse development efforts and foster innovation within the ecosystem. The upgrade of Enabling Asynchronous Backing on the Polkadot network is also noteworthy. The team revealed that blocks are produced twice as fast, and available block space was increased by 6-10 times following this advancement.

Polkadot has also signed a significant agreement with the Founder Institute, a leading business incubator that transforms ideas into fundable startups. The latter described the partnership as 'strategic,' stating that it signifies the start of 'an exciting chapter' related to the launch of the first Web3 cohort in its Core Program. The initiative was scheduled to begin on May 28 and will be led by leading experts from the Polkadot community.

Polkadot’s native cryptocurrency, DOT, saw an increase in the past few days, peaking at $7.70 on May 27. However, it could not maintain the momentum, dropping to its current level of approximately $7.06. Despite the recent decline, many analysts are optimistic that DOT can reach new highs in the near future. The X user Block Diversity suggested that the asset’s latest pullback resulted from following BTC’s footsteps. The analyst maintained that DOT remains in a bullish mode as long as it trades above the critical resistance level of $6.90. Altcoin Sherpa also predicted a possible price pump for the token, but they don’t believe it will outperform the rest of the market.

This summer promises exciting opportunities in the crypto market. Anticipation is high as several cryptocurrencies show signs of significant growth. The ongoing bull run of 2024 has set the stage for potential gains. This article highlights five standout cryptocurrencies expected to see substantial rises in value. Readers will discover which cryptos are poised for noteworthy performances this season.

CYBRO Gets on Crypto Whale’s Radar with Presale of Its Tokens

CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is known for offering better returns on Ethereum (ETH) and stablecoins than other similar solutions. CYBRO’s main function is to help users take full advantage of this opportunity.

Currently, CYBRO is selling its tokens on presale at a low price of $0.025 each, which is 58% cheaper than the expected future price. This offers a potential ROI of 140%. There’s talk that a crypto whale might buy a significant amount of CYBRO tokens, showing strong interest in the project. Only 21% of the total tokens are available for this presale, and about 25 million have already been sold.

>>>Buy $CYBRO at 58% Discount While You Can – The Supply is Limited!<<< 

Holders of CYBRO tokens will receive several benefits, including rewards for staking, special airdrops, cashback on purchases, lower fees for trading and lending, and an insurance program within the platform.

CYBRO aims to support crypto growth through various investment strategies within the Blast ecosystem and beyond. These strategies range from conservative to high-yield investments. The platform focuses on maximizing returns through efficient crypto transactions. Future updates include AIBroker for chatbot-assisted investments and a One-Click Investment feature for optimizing returns through integration with decentralized (DeFi) and centralized finance (CeFi).

>>>Grow Your Crypto Portfolio with CYBRO! Join NOW for Future Returns up to 140%!<<<

Starknet (STRK): Price Movement and Prediction

Starknet (STRK) is currently trading in a range of $1.09-$1.36. Over the past week, its price dropped by 3.87%, and it decreased by 3.62% over the past month. However, it saw a significant rise of 485.87% over the past six months. With a Relative Strength Index of 38.46 and Stochastic of 16.17, STRK is in a corrective move. The nearest resistance level is $1.46, while the nearest support is at $0.92. The next resistance and support levels are at $1.73 and $0.65, respectively.

Polygon (MATIC) Price Overview and Prediction

Polygon (MATIC) is currently trading between $0.67 and $0.76. The coin faces resistance at $0.80 and support at $0.63. The Relative Strength Index (RSI) is 41.00, and the Moving Average Convergence Divergence (MACD) is at -0.004, indicating a corrective trend. Over the past week, MATIC has dropped by 6.33%, but it showed a slight gain of 4.35% in the past month. The long-term 6-month change reveals a 14.70% decline. The short-term trend suggests more consolidation within the current price range.

Celestia (TIA) Price Overview: Market Momentum Analysis

Celestia (TIA) currently trades between $8.45 and $10.25. It’s showing a 17.40% increase over the past week and a 13.41% rise in the past month. Over the last six months, TIA is up by 21.35%. The coin is facing resistance at $11.18 and has support at $7.59. With the RSI at 46.85 and MACD at -0.08, TIA is in a corrective phase.

Polkadot (DOT) Price Overview: Resilience in a Volatile Market

Polkadot (DOT) is currently priced between $7.02 and $7.93. The coin shows a 1-month price increase of 8.88% and a 6-month jump of 25.72%. Its nearest resistance is at $8.30, and the nearest support is at $6.48. Despite a slight dip of 2.78% over the past week, DOT maintains stability. Indicators like RSI and MACD suggest the price is in a corrective move. The market trend leans toward consolidation around the current price range.

Conclusion

STRK, MATIC, TIA, and DOT show promise but may not deliver immediate gains. The primary focus is on CYBRO, a unique earn marketplace built on the Blast blockchain. Scheduled for its first release in Q2 2024, CYBRO presents an opportunity for early investors through its token presale. This could provide favorable entry terms for those looking to capitalize on its potential.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post 5 Cryptos Predicted to Skyrocket This Summer appeared first on Crypto News Land.

The post Top Cryptos That Will Explode Right After Spot Ethereum ETFs Launch appeared first on Coinpedia Fintech News

Some cryptocurrencies are poised for quick gains as Ethereum ETFs become available for trading. Investors are eagerly watching the market, anticipating which coins will benefit the most. The bull run of 2024 sets the stage for major price movements. This analysis will explore which cryptos may experience significant growth and why they could be key picks for the coming months.

BlastUP Presale: A Harbour of Stability in the Unpredictable Crypto Market

Crypto presales offer some stability, shielding investors from the usual ups and downs of the market by locking in token prices early. This predictability is a major draw for investors looking to step into presale opportunities like BlastUP.

BlastUP is the pioneering launchpad on the Blast platform, which is the only Layer 2 solution providing native yields for ETH and stablecoins. In just a few short weeks, the platform has attracted over $7 million, showcasing its appeal among discerning investors.

With only a few days left in the presale, this is the final opportunity to invest in a promising asset at an introductory price.

Purchase BlastUP Tokens Now for the Best Value!!

Investors purchasing BlastUP tokens now will not only secure their tokens at an optimal price but also gain exclusive access to an airdrop, which includes free tokens. Additionally, they can earn extra rewards through staking.

BlastUP is dedicated to nurturing a strong community within the Blast ecosystem, promoting mutual growth and success. With bold plans to integrate AI and Web3 tools, BlastUP is setting the stage for a rewarding and secure environment that facilitates smooth DApp launches.

As BlastUP continues to grow, it’s quickly establishing itself as a central figure in the Blast ecosystem, characterized by a community-first approach and relentless innovation. With expansive plans stretching into 2026, it’s becoming the preferred platform for crypto startups.

Ethereum Price on an Uptrend: What’s Next for ETH?

Ethereum (ETH) is currently trading between $3264.54 and $4168.16, showing a notable uptrend in recent months. Over the past week, ETH increased by 2.12%. For the last month, it saw an 18.71% rise, and over six months, it gained 82.83%. The RSI of 60.60 and a Stochastic value of 90.50 suggest the price is in an impulsive move. With these gains, ETH might push through the resistance level at $4510.27.

Solana (SOL) Price Analysis and Forecast

Solana (SOL) is currently priced between $153.32 and $181.13. Over the past week, SOL has decreased by 3.48%, but has surged 24.03% in the last month and 185.75% over the past six months. It hovers slightly above its 10-day and 100-day moving averages, indicating a strong recent performance. The price is likely in an impulsive move given the significant gains over months. Resistance is around $198.87 with support at $143.23.

Avalanche (AVAX) Price Overview and Prediction

The current price for Avalanche (AVAX) is between $34.00 and $40.64. Over the past week, the price dropped by 7.70%, but it rose by 4.63% over the past month and soared by 68.74% in the last six months. The RSI is at 55.76, indicating neutral momentum, while the Stochastic at 93.03 shows potential overbought conditions. With current trends, AVAX is in a corrective phase. The nearest support is at $31.25, and the nearest resistance is $44.52.

Polkadot (DOT) Price Overview and Prediction

Polkadot (DOT) is currently priced between $7.02 and $7.93. It faces resistance at $8.30 and support at $6.48. Over the last week, the price dropped by 4.83%, but it has increased by 7.90% in the past month and 29.80% over six months. The coin is in a corrective phase with mixed signals from technical indicators. The 10-day Simple Moving Average is $7.07, and the 100-day SMA is $7.37. The RSI stands at 45.77, indicating neutral momentum. The sentiment is cautiously optimistic as long as it stays above $6.48.

Conclusion

ETH, SOL, AVAX, and DOT show promise but may offer less short-term potential. BlastUP stands out with the highest potential. Its strong concept and connection to the Blast ecosystem make it a compelling choice. As the market continues to grow, this project could lead the pack.

The crypto market is buzzing with activity as certain altcoins draw significant attention from major investors. With the bull run of 2024 in full swing, pinpointing these rising stars could be pivotal. Discover which lesser-known coins are becoming favorites among influential market players, suggesting potential for substantial growth in the near future.

CYBRO Gets on Crypto Whale’s Radar with Presale of Its Tokens

CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is known for offering better returns on Ethereum (ETH) and stablecoins than other similar solutions. CYBRO’s main function is to help users take full advantage of this opportunity.

Currently, CYBRO is selling its tokens on presale at a low price of $0.025 each, which is 58% cheaper than the expected future price. This offers a potential ROI of 140%. There’s talk that a crypto whale might buy a significant amount of CYBRO tokens, showing strong interest in the project. Only 21% of the total tokens are available for this presale, and about 25 million have already been sold.

>>>Buy $CYBRO at 58% Discount While You Can – The Supply is Limited!<<< Holders of CYBRO tokens will receive several benefits, including rewards for staking, special airdrops, cashback on purchases, lower fees for trading and lending, and an insurance program within the platform.

CYBRO aims to support crypto growth through various investment strategies within the Blast ecosystem and beyond. These strategies range from conservative to high-yield investments. The platform focuses on maximizing returns through efficient crypto transactions. Future updates include AIBroker for chatbot-assisted investments and a One-Click Investment feature for optimizing returns through integration with decentralized (DeFi) and centralized finance (CeFi).

>>>Grow Your Crypto Portfolio with CYBRO! Join NOW for Future Returns up to 140%!<<<

Avalanche (AVAX) Crypto Price Overview and Prediction

Avalanche (AVAX) is currently in a corrective phase with prices ranging from $34 to $40.63. The RSI at 42.68 and a lower MACD level suggest the price is leaning bearish. In the past week, AVAX dropped by 11.08%, though it saw an 8.04% rise in the past month and a substantial 71.14% increase over six months. The nearest resistance is at $44.52, while support stands at $31.25.

Polkadot (DOT) Price Overview and Prediction

Polkadot (DOT) is currently priced between $7.02 and $7.93. The coin saw a slight drop of 5.38% in the past week but has grown by 7.45% over the month and 31.57% over six months. With an RSI of 34.82, it suggests DOT is oversold. Indicators like the 10-day and 100-day moving averages show the price hovering around $7.28 and $7.44 respectively. Given the MACD level of -0.05 and Stochastic at 10.53, the price is in a corrective move. The nearest resistance level is $8.30, while the nearest support is at $6.48.

Starknet (STRK) Price Overview and Future Trends

Starknet (STRK) is currently moving between $1.08 and $1.35. It shows a slight downward trend with a 1 week price change of -2.58% and a 1 month price change of -3.61%, yet a striking 6 months price change of 504.51%. The RSI of 40.23 indicates it is not overbought or oversold. With an SMA 10 of $1.22 and SMA 100 of $1.26, STRK is in a corrective move, trying to find strong support levels.

Celestia (TIA) Price Overview and Prediction

The current price of Celestia (TIA) ranges between $8.45 and $10.25. In the last week, it has increased by 11.34%. Over the past month, it rose by 8.04%, and in six months, it climbed by 69.63%. The Relative Strength Index (RSI) stands at 43.25, indicating the coin is not overbought or oversold. The trend appears corrective as it is below the 10-day Simple Moving Average of $11.19. The nearest support level is $7.59 and the nearest resistance level is $11.18.

Conclusion

AVAX, DOT, STRK, and TIA have shown some promise, but their short-term potential remains limited. On the other hand, CYBRO stands out with its unique marketplace leveraging the yield potential of the Blast blockchain. This new platform’s first release is set for Q2 2024. Early investors have an opportunity to join the CYBRO token presale, getting in on favorable terms. This opportunity presents a more exciting prospect for those looking to make the most of the ongoing bull run.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Top Altcoins That Are Gaining Attention From Big Market Players appeared first on Crypto News Land.

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot.

Ethereum (ETH)

This week, Ethereum has moved sideways with a modest 1.5% price increase. Bulls tried to take ETH above $3,900, but they were stopped despite the few attempts. It appears that the resistance at $4,000 will require more time to be broken.

As long as the price continues to move sideways under the key resistance, the asset has a good chance to eventually break this level and make new highs in 2024.

Looking ahead, the overall trend remains bullish, and another attempt at $4,000 could follow in June. Right now, there is good support at $3,700 and $3,500 should sellers push more.

Chart by TradingView Ripple (XRP)

XRP continues to disappoint without any major moves. The price is at a similar level to last week and is still to break the key resistance at $0.54. Until that happens, it is unlikely for market participants to return to Ripple’s native token.

Buyers tested the resistance three times since April and every attempt was rejected by sellers that came back to push the price lower. This shows buy momentum is weak.

Looking ahead, XRP needs a decisive move to bring back attention and interest, otherwise market participants will most likely chase the next meme coin that is in the spotlight.

Chart by TradingView Cardano (ADA)

Cardano closed the week with a 3% loss and continues to struggle with the resistance at $0.46. Last week, there were hopes the price could turn this level into support, but they were quickly invalidated.

If the price action remains bearish, then ADA could slowly drift toward $0.37, where the key support is found. If buyers are more active, they could aim to hold the asset above $0.4 and move sideways under the key resistance.

Looking ahead, Cardano faces issues similar to those of XRP as it lacks the strength to break higher at this time. Until momentum returns, it’s hard to see ADA return on an uptrend.

Chart by TradingView

Shiba Inu (SHIB)

In contrast, SHIB’s price had a fantastic week after increasing by 8%, making it the best performer on our list. While most altcoins struggle to find their footing, meme coins like SHIB have been performing well.

The price moved above $0.000025, which has now turned into support. The initial breakout was quite strong, and since then, the price has entered a pullback. Nevertheless, as long as the asset stays above $0.000025, buyers have the upper hand.

Looking ahead, SHIB has made a higher high and appears determined to capitalize on this momentum. If successful, buyers could see this meme coin break $0.00003 in June.

Chart by TradingView

Polkadot (DOT)

Polkadot tried again to break above the resistance at $7.6, but sellers rejected it. Because of this, the price closed the week in red with a 2% loss.

At the time of this post, DOT is in a local downtrend. If buyers don’t return soon, the price could re-test the key support at $6.4. Since April, buyers have always come back at the key support to stop the downtrend.

Looking ahead, Polkadot is stuck in a range and, so far, was unable to reverse and recover the losses after the April crash. The key resistance has to break to bring back momentum and higher price levels.

Chart by TradingView

The post Crypto Price Analysis May-31: ETH, XRP, ADA, SHIB, and DOT appeared first on CryptoPotato.

Millionaires have been making strategic moves in the crypto market as the bull run of 2024 takes off. Promising significant returns, certain cryptocurrencies are being chosen for their potential to multiply investments within the year. This article aims to explore the top picks that have caught the eyes of savvy investors. Prepare to discover which coins could deliver a massive payoff in the months ahead.

CYBRO Presale Runs Fast with 25M Tokens Already Sold Out

CYBRO is a one-of-a-kind marketplace that amplifies the native yield potential of the Blast blockchain. CYBRO offers early investors to enter the project on favorable terms by joining the CYBRO token presale.

At this stage, CYBRO tokens are available at discounts of over 2 times off their future market price, generating a generous ROI of 140%. The supply of the tokens is limited, and nearly 25M tokens have already been sold out. The earlier you buy, the bigger discount you get. Additionally, those investing a minimum of $1,000 in CYBRO during the presale will unlock weekly ETH rewards, available for withdrawal after the TGE.

Buy $CYBRO at the Best Price NOW to Secure 140% Profits

The CYBRO token will unlock cashback in CYBRO, discounted fees for trading and lending operations, staking rewards, an exclusive Airdrop, and the Insurance Program. This solid utility will set a strong base for CYBRO to rise in value post-TGE in Q3 2024.

With CYBRO, you can grow your crypto by investing in various vaults on Blast, the only Layer 2 blockchain to offer default yield for ETH and stablecoins staking. CYBRO’s ultimate goal is to provide users with the highest returns possible for each strategy, while ensuring a simple and transparent interface.

Secure Your Place in CYBRO at 58% Discount Today! Offer is Limited!

Starknet (STRK) Price Overview and Prediction

Starknet (STRK) currently trades in the $1.09-$1.36 range. It saw a slight drop of 1.02% in the past week and 0.66% over the month. However, the price surged 495.34% in the last six months. While the RSI at 39.86 and stochastic at 31.96 suggest it’s not oversold yet, the MACD level at -0.0088 indicates a corrective phase. Resistance stands at $1.46 and $1.73, while support is at $0.92 and $0.65.

Celestia (TIA) Price Moving Towards Resistance with Positive Trend

The current price of Celestia (TIA) ranges between $8.45 and $10.25. TIA has seen a 17.53% rise in the past week and a 15.19% increase over the last month. In the past six months, the price surged by 58.31%. The price is inching towards the nearest resistance level of $11.18, indicating a potential move upwards. The RSI is at 56.23, suggesting a steady momentum. Currently, the price appears to be in impulsive moves.

Polkadot (DOT) Price Overview: Nearing Key Support

Polkadot (DOT) is currently in a corrective move. It trades between $7.02 and $7.93. The nearest support level is at $6.48 and the nearest resistance level is $8.30. Over one week, the price fell by 5.63%. Over one month, it rose by 6.99%. Over six months, it climbed 28.70%. The Simple Moving Averages indicate a short-term bearish trend with the 10-day SMA at $7.12 and the 100-day SMA at $7.40. The RSI is 34.46, suggesting it’s near oversold conditions.

Jupiter (JUP) Price Overview and Near-Term Prediction

Jupiter (JUP) is in a corrective move, trading between $1.03 and $1.24. Over the last week, JUP fell by 7.75%, though it has gained 10.18% in the past month. The RSI at 33.44 indicates it’s near oversold territory. The MACD level of -0.01 and a Stochastic of 23.45 support this view. Current prices below both the 10-day and 100-day moving averages suggest limited momentum.

Conclusion

STRK, TIA, DOT, and JUP have less potential in the short term. The main focus should be on CYBRO, an earn marketplace that uses the Blast blockchain’s yield potential. The first release is set for Q2 2024. CYBRO allows early investors to join the project on favorable terms through the CYBRO token presale.Site – Twitter – Discord – Telegram

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post  That Millionaire Are Choosing – Best Picks For Savvy 5-10X This Year appeared first on CaptainAltcoin.

According to CryptoPotato, Polkadot's market is currently in a critical position, with its price consolidating near the substantial resistance region of $7.4. This ongoing battle between buyers and sellers is indicative of an uncertain market state. The price has been hovering around a crucial resistance marked by the $7.4 level and the significant 100-day moving average. The RSI indicator has also been consolidating near the 50 threshold, signifying a balance between buyers and sellers in the market.

Market participants are expecting a short-term rejection towards the $6.5 threshold. However, an unexpected surge above this critical resistance region could trigger a massive short-squeeze, increasing bullish momentum. The 4-hour chart shows a prolonged, slight ascent, with the price forming an ascending wedge pattern. This pattern, following a steep decline, typically indicates a potential continuation of the initial bearish trend if breached from its lower boundary.

Polkadot is currently struggling with substantial resistance, bounded by the 0.5 ($7.4) and 0.618 ($7.6) Fibonacci retracement levels, failing to surpass them. Given the muted price action and lack of bullish momentum, Polkadot is expected to experience a pullback, targeting the pattern’s lower boundary.

In terms of sentiment analysis, the Long/Short Accounts Ratio has been decreasing recently, reaching a value of 3. This means that the number of individuals holding long positions is three times higher than those with short positions, while the total position value remains equal on both sides. This suggests that the long side is primarily made up of retail traders with smaller average position sizes, whereas the short side likely comprises institutional investors with larger average positions. The decline in the metric indicates a slight increase in the average position size of institutional investors on the short side. If this trend continues, it could signal growing institutional interest, potentially leading to heightened selling pressure for Polkadot.

Tel-Aviv, Israel, May 29th, 2024, Chainwire

Addressable has released the results of a case study showing the efficacy of Web3 user acquisition on Twitter (X) as a part of a Polkadot marketing push. The data shows Addressable’s methodology to be significantly more accurate than Twitter’s native solution for reaching web3 users.

Developed to help web3 businesses attract and convert web3 users, Addressable provides optimized campaigns that allow crypto companies to grow their audience. Using a $144K advertising budget, Polkadot put these capabilities to the test with Addressable emerging as the clear winner in a head-to-head comparison with Twitter Direct.

The ad budget was split evenly between Addressable and Twitter to allow comprehensive A/B tests to be run using around 200 distinct audience segments. A total of 139 tweets were promoted, generating 161M impressions and engagement from 830,000 users. The results showed a significant decrease of 15-20% in CPM (Cost Per Mile), CPE (Cost Per Engagement), and CPC (Cost Per Click) when using Addressable.

Data to support the study was provided by web3 ecosystem agent Colorful Notion. Its results show that Addressable provides a better solution for targeting web3 users than that offered by Twitter Direct. The study unfolded in two phases, with the first running from late December 2023 to February, accounting for around $30K of total ad spend. The remainder of the budget was spent over the next eight weeks, running until April 15.

English-speaking crypto retail users were the primary target market of the campaign which aimed to increase awareness of Polkadot and its parachains. Five narratives were selected to achieve this including Memecoins, Polkadot 2.0, DeFi, and Decentralized Gaming. Various Polkadot-affiliated accounts took part in the initiative.

The study demonstrated conclusively that Addressable provides a best-in-class solution for web3 marketing, allowing for smarter budget allocation and more precise targeting. The success of the Polkadot case study follows similar initiatives that have slashed CPC for other web3-focused companies such as Lingo (reduced by 55%), Radix (49% increase in engagement) and Hype (3x increase in conversions).

The case study provides irrefutable evidence of the need for web3 companies to seek web3-oriented solutions that can effectively target crypto users and convert engagement into meaningful onchain metrics.

About Addressable

Founded in June 2022 by Tomer Sharoni, Tomer Shlomo, and Dr. Asaf Nadler, Addressable is the Web3 growth marketing industry leader. Addressable allows marketers across the space to target and market directly to Web3 audiences by associating blockchain and social data, analyzing on-chain and off-chain behavior, and using big data for precise performance tracking. 

Disclaimer. This is a paid press release.

Polkadot’s Bullish Surge: Could $10 Be Within Reach?

Polkadot (DOT) has recently gained the attention of both investors and analysts due to its impressive price movements. Currently trading at $7.41, the cryptocurrency is showing signs of robust performance, suggesting further gains may be on the horizon. Renowned analyst Crypto Yapper is among those forecasting a potential surge to $10, citing strong technical indicators and bullish market sentiment as key drivers.&middot

For the full story, head over to TheCurrencyAnalytics.com.

5 emerging cryptos to add to your watchlist that will help you make money while you sleep. Smart investors know that a diversified portfolio can generate income even while you’re off living your life. We highlight five emerging cryptocurrencies with explosive potential, poised to deliver substantial passive returns. Take advantage of this opportunity to maximize your long-term financial success!

Investors Favorite Coins in 2024 – 5 Emerging Cryptos to Add to Your Watchlist

Here’s a sneak peek at the emerging cryptos we’ll explore:

5thScape (5SCAPE)

DarkLume VR (DLUME)

Avalanche (AVAX)

SimuGaze (SGAZE)

Polkadot (DOT)

How These 5 Emerging Cryptos To Add To Your Watchlist Could Change the Game

Potential for passive income: Many offer staking rewards, earning mechanisms, or ways to generate returns simply by holding them.

Growth trajectory: These projects show promising growth in a dynamic market, maximizing your profit potential.

Early-mover advantage: Investing now means getting in before mainstream adoption, potentially leading to significant gains.

Let us begin with the one with the highest growth potential.

1. 5thScape (5SCAPE)

5thScape presents a compelling vision for a comprehensive VR ecosystem, prioritizing user comfort and accessibility. Get ready to enter a new era that goes beyond the limits of entertainment. 5thScape wants to break VR’s limitations and create a future where carefully crafted digital experiences blend into the user’s reality. Using heavy headsets or other equipment that limits your movements will no longer be necessary during this major change. 5thScape’s roadmap includes creating user-centered, custom-designed VR hardware, which could lead to a huge increase in the use of VR on a scale that has never been seen before.

However, 5thScape’s ambitions extend beyond hardware. They are actively building a diverse content library encompassing games, educational experiences, and immersive entertainment programs. Envision yourself at the virtual forefront of a concert, exploring the intricacies of the ancient world through a captivating historical simulation or actively engaging with interactive learning modules that breathe life into complex subjects. The 5SCAPE token serves as the lifeblood of this ecosystem, facilitating content acquisition, potential participation in governance decisions, and fostering user contributions to the platform’s ongoing development.

>>Click Here to visit 5thScape Presale Page

Why Invest in 5thScape?

Focus on Accessibility: Making VR more comfortable and accessible to adopt could broaden the overall VR market, increasing the potential user base.

Diverse Content: A variety of VR experiences could attract a wider audience than projects focused on a single niche (like racing).

Hardware and Software: Investing in a project that builds its platform with custom hardware offers a unique opportunity.

2. DarkLume VR (DLUME)

Embrace a world where luxury, exclusivity, and social interaction merge seamlessly within DarkLume VR. This bold project envisions a metaverse where your status and participation translate to tangible rewards. Imagine owning a sprawling virtual mansion with meticulously designed interiors and breathtaking views. Host exclusive events for fellow high-rollers, attracting a select crowd eager to mingle and participate in high-stakes social experiences. Do you crave the thrill of competition? DarkLume VR offers gamified experiences where you can put your skills to the test, potentially earning valuable DLUME tokens along the way. This metaverse is built for those who appreciate the finer things, offering a unique blend of virtual ownership, social interaction, and the potential for significant earnings.

>>Click Here to visit DarkLume Presale Page

Why Invest in DarkLume VR?

Unique Focus: The concept of luxury and exclusivity within a metaverse will likely attract a niche but dedicated user base.

Earning Potential: Gamified earning mechanics could offer investors ways to obtain DLUME while engaging with the platform.

Early Adopter Advantage: Potential to acquire valuable or rare virtual assets early on, gaining an edge if the platform achieves widespread success.

3. Avalanche (AVAX)

If you’re looking for a blockchain platform focused on speed, scalability, and developer-friendliness, Avalanche warrants a close look. AVAX seeks to become the backbone of a vast, interconnected ecosystem of decentralized applications. Its emphasis on addressing issues like high network fees and potential congestion holds significant appeal for projects seeking alternatives to established networks. It is one of the most underrated choices for 5 emerging cryptos to add to your watchlist. 

Why Invest in Avalanche?

Addressing Bottlenecks: If Avalanche fulfills its goals of speed and scalability, it could attract significant developer interest and become the backbone of numerous projects.

Network Growth Potential: As AVAX gains adoption, the demand for the token could increase, impacting its value.

Established Project: Unlike many early-stage coins, Avalanche has demonstrated a track record, potentially reducing some initial uncertainty.

4. SimuGaze (SGAZE) 

Get ready to experience the future of racing and simulation! SimuGaze delivers ultra-realistic experiences that go beyond cars. Race motorcycles, navigate tough terrain on dirt bikes, or speed across the water in powerboats. Imagine stunning graphics that make you feel like you’re truly there.

The SGAZE token is the fuel for this exciting world. Use it to upgrade your vehicles, customize them to show off your style, and compete in tournaments for awesome rewards. As SimuGaze grows, the SGAZE token could become super valuable.

Why Invest in SimuGaze?

Racing and More: SimuGaze appeals to a wide audience of racing fans and people who love immersive experiences.

Blockchain Power: The SGAZE token creates a thriving virtual economy and gives you a voice in how the project develops.

Passionate Community: A strong, active community is great for a project’s long-term success.

5. Polkadot (DOT)

Polkadot is creating a relay chain that could synchronize communication between blockchains. The relay chain validates data, achieves consensus, and executes transactions. Since cryptocurrencies use a different base, converting or transferring one currency to another is sometimes difficult or time-consuming. DOT wants to bridge this gap. They want to streamline transactions in an interconnected, decentralized landscape. 

Why Invest in Polkadot?

The Big Picture: Their emphasis on interoperability has the potential to reshape the decentralized landscape.

Increasing Interconnectedness: Polkadot’s utility could surge as the desire for blockchain interaction grows.

Collaboration Potential: If DOT becomes the standard for cross-blockchain communication, its impact could be far-reaching.

Conclusion

These innovative projects offer a compelling glimpse into the transformative power of blockchain technology. Virtual experiences are being redefined, systems are moving towards greater decentralization, and networks are evolving to communicate across platforms. While the future remains inherently uncertain. The potential for disruption within the crypto space is clear. 

Astute investors understand that the potential for extraordinary gains often accompanies calculated risk. Meticulous research, a deep understanding of the technologies involved, and careful alignment of investments with your risk tolerance are crucial. If you have the appetite for calculated risk, these emerging cryptos could fundamentally reshape your portfolio.

Investing in emerging projects carries significant risk. Always prioritize independent research, proceed with caution, and never allocate capital you cannot afford to lose.

The post 5 Emerging Cryptos to Add to Your Watchlist: Best Investment Options for 2024 appeared first on Coinfomania.

Leading the pack of altcoins that can make you millions of dollars is ETFSwap (ETFS), a crypto sensation with projections of a 10,000x ROI and beyond. Joining ETFSwap (ETFS) are Chainlink (LINK) and Polkadot (DOT), each with unique features that set them apart.

ETFSwap (ETFS) Leads The Way For Other Altcoins

Many investors are actively looking for profitable altcoins and valuable digital assets to own and profit from in light of the recent market collapse. Through carefully considered investing strategies, ETFSwap (ETFS) hopes to allow investors to become part of the next generation of cryptocurrency millionaires. 

ETFSwap (ETFS) is a decentralized exchange where users can purchase and exchange tokenized exchange-traded funds (ETFs), including commodities, fixed-income, and futures ETFs. The platform’s broad offers set it up for substantial growth, signaling a strong comeback after its impending launch. 

By utilizing blockchain technology, ETFSwap (ETFS) guarantees the security and transparency of its consumers. The platform’s strong security and dependable smart contracts were validated by a thorough audit conducted by top blockchain and cybersecurity company CyberScope. 

The platform is distinguished from other initial coin offerings by a number of advantages that it offers. This includes smooth transactions, a safe trading environment, affordable trading fees, round-the-clock accessibility, and enhanced user autonomy. 

ETFS token holders receive regular dividends and passive income by staking their tokens. Additionally, these tokens allow for anonymous trading, shielding private information from authorities and other financial organizations. The ETFS token also grants its holders governance rights inside the ecosystem, which gives them the ability to direct the platform’s future direction.

Can Chainlink (LINK) Make You Millions Of Dollars?

Among the altcoins predicted for a surge is decentralized oracle network, Chainlink (LINK), which bridges the gap between blockchain-based smart contracts and real-world data. It is now an integral part of the blockchain ecosystem, facilitating safe connections with outside sources of data, APIs, and payment systems.

As a top oracle supplier, Chainlink (LINK) is still a driving force and pioneer in the blockchain space, specializing in bridging different blockchain networks with actual data. Demand for the DeFi platform will increase throughout the projected bull market while Chainlink (LINK) becomes an essential component of many blockchain applications.

The oracle network of Chainlink (LINK) enables smart contracts to schedule, access, verify and transfer data safely and reliably between external systems and blockchains. The cryptocurrency market is prepared for a strong rally in the approaching bull market, with Chainlink (LINK) forecast to hit a high of $100, exceeding its previous top of $52.88. 

Polkadot (DOT) Among Altcoins With A Positive Future

Polkadot (DOT)  is among the altcoins that has achieved remarkable success in the cryptocurrency realm in a relatively short span due to its distinctive functionality. By facilitating smooth interoperability between blockchain networks, its protocol aims to close the gap between different blockchain technologies.

However, its pricing hasn’t quite lived up to the expectations of many investors, though. The expected JAM upgrade might lead to heightened interest and a speculative price surge, making Polkadot (DOT) a desirable investment for individuals hoping to eventually become the next millionaires.

Polkadot (DOT) looks to be about to make a big move, while ETFSwap (ETFS) looks even more promising with a higher return on investment (ROI).

Secure Your Financial Future With ETFSwap (ETFS)

The positive future for ETFSwap (ETFS) among top altcoins is due to the substantial demand for its native token, ETFS, which might yield an astounding 10,000x return on investment. With its application to both decentralized finance (DeFi) and real-world assets (RWA), ETFSwap (ETFS) has the potential to generate a large number of millionaires amidst the frenzy surrounding it that followed the Bitcoin halving.

Crypto investors are grabbing hold of ETFSwap (ETFS) in anticipation of its potential. During the token’s first stage, investors are purchasing it for $0.00854 with more than 100 million tokens already sold before stage 2 even begins. 

This is an excellent chance to make a game-changing investment that might put an end to financial worries and safeguard your future.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post These 3 Altcoins Will Make You Millions Of Dollars Without Being An Insider appeared first on CaptainAltcoin.

Polkadot (DOT) has captured the attention of investors and analysts alike with its recent upward momentum. Currently trading at $7.41, the cryptocurrency has exhibited robust performance metrics that hint at further gains on the horizon. Market analysts, including the renowned Crypto Yapper, are predicting a potential surge to $10, underpinned by strong technical indicators and bullish market sentiment.

Related Reading

A Solid Technical Foundation

Crypto Yapper’s analysis highlights a critical breakout from a consolidation pattern, with Polkadot successfully retesting its previous resistance levels, now acting as support. DOT has broken out of its consolidation pattern and is now experiencing a fantastic retest.

According to Crypto Yapper, the prior resistance has changed to support, opening the door for higher pricing. This technical setup is often seen as a precursor to substantial price increases, suggesting that Polkadot is well-positioned for a bullish run.

$DOT Perfect Retest !

After breaking bullish out of the consolidation pattern, we are now seeing a beautiful retest.

The previous resistance is turned into support and #DOT can now aim for higher prices.

I expect #Polkadot to be trading around the $10 soon ! pic.twitter.com/7VBewIyVNk

— Crypto Yapper (@CryptoYapper) May 26, 2024

Further reinforcing this optimistic outlook is Polkadot’s position above the 200-day simple moving average (SMA), a key technical indicator used to assess the long-term trend of an asset. Trading above the 200-day SMA generally signifies a sustained uptrend, which bolsters investor confidence and supports predictions of continued growth.

Impressive Metrics

Polkadot’s impressive market performance is reflected in its significant trading volume and market capitalization. Over the past 24 hours, DOT has seen a trading volume of $454 million and boasts a market capitalization of $7.35 billion. These metrics underscore the cryptocurrency’s high liquidity, which is crucial for accommodating large trades without causing drastic price swings.

DOT showing bullish signs. Source: Changelly

Additionally, Polkadot’s price performance over the past year has been notably bullish, with a 35% increase. This upward trajectory is significant, particularly as the token trades above its token sale price, delivering substantial returns to early investors. Such performance metrics are likely to attract new buyers and long-term holders, further driving demand and price appreciation.

Polkadot is currently trading at $7.39. Chart: TradingView

Investor Sentiment: A Greedy Market

The Fear & Greed Index, a popular tool used to gauge market sentiment in the cryptocurrency space, is currently displaying a score of 75 (Greed) for Polkadot. This high score indicates strong investor interest and confidence in DOT, suggesting that market participants are optimistic about its future prospects.

High liquidity and positive market sentiment create a favorable environment for further price increases. Investors, both retail and institutional, are drawn to assets that demonstrate stability and potential for growth, and Polkadot’s current metrics position it as a promising investment opportunity.

Related Reading

Featured image from CBC, chart from TradingView

Source: NewsBTC.com

The post Polkadot (DOT) Price Prediction: Analyst Sparks Bullish Frenzy With $10 Target appeared first on Crypto Breaking News.