After showing signs of recovery early this week, Polkadot (DOT) traded below $7 again as it failed to reach a critical resistance level. 

Polkadot failed to move past the 20-day SMA, a key resistance level and is back trading below $7. $DOT showed early signs of recovery early this week after a successful weekend saw the coin trading above $7. Polkadot further saw a decline in developer activity, possibly fueling its downward trend. 

$DOT Looses Partial Recovery

A mere week ago, Polkadot ($DOT ) showed signs of recovery, trading at $7.11 after a successful weekend. $DOT faced significant resistance and traded back in the red on Monday. Things took a bullish turn during the Tuesday trading session after buyers took control late on Monday, with the price recording an increase of 4.62%, which settled at $7.47. Sellers, however, took control over the following two days, pushing the price back under $7.00. 

The chart below shows $DOT ’s continued oscillation between $6 and $7. 

Polkadot Developer Activity Declines

Data from Coin98Analytics earlier this week showed developer activity on Polkadot had declined. The data shows a list of blockchains ranked according to their development activity. Polkadot registered 827 developers the week before, witnessing over 5,000 weekly code commits. 

Weekly Commits & Active Devs on Popular Blockchain Platforms pic.twitter.com/z7fLAfqGoa

— Coin98 Analytics (@Coin98Analytics) April 26, 2024

While Polkadot’s data is not low per se, it is lower compared to other blockchains, such as Ethereum and BNB Chain. Ethereum saw over 2,000 weekly developers executing over 19,000 commits, while BNB Chain’s weekly commits were over 6,000. 

In Other News

This week saw several developments, including Polkadot’s involvement. Velocity Labs announced a fiat-to-crypto onramp using the Ramp Network through the integration of the Asset Hub. The onramp allows Ramp to service any chain parachain in the Polkadot ecosystem. 

Asset Hub is a system parachain often described as the “home base” of assets in the broad Polkadot ecosystem. Asset Hub’s main function is facilitating the creation, management, and use of assets in the Polkadot ecosystem. 

At the time of writing, Polkadot traded at $6.85, down 3.49% in the past seven days. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

This week marked the launch of Grayscale’s newest Bitcoin offering with the lowest-ever fee to win back investors after experiencing significant outflows totaling billions of dollars from its Grayscale Bitcoin Trust. Let’s find out more.

Bitcoin 

Hong Kong’s securities regulatory body, SFC, has approved the launch of Bitcoin and Ethereum ETFs, which will offer investors a regulated and secure investment option starting April 30th.

Elon Musk’s Tesla has held on to its BTC reserves for the seventh quarter in a row, as established in its latest Q1 2024 earnings report. 

Grayscale has announced its Bitcoin Mini Trust, a spinoff Bitcoin ETF with a much lower fee to regain investor interest amidst increasing competition in the market.

Ethereum

Consensys has filed a lawsuit against the SEC, arguing against its regulatory control over Ethereum amidst concerns of stifled innovation and economic repercussions. The complaint, lodged in the United States District Court for the Northern District of Texas, contests the SEC's jurisdiction to regulate Ether as a security.

Technology

In a significant move, Franklin Templeton has announced the tokenization of its US Government Fund on the Polygon and Stellar blockchains. This tokenization will allow Franklin OnChain FOBXX investors to transfer the fund’s BENJI token between themselves without an intermediary. 

Security

Cosmos developers have patched a critical security bug in the Cosmos Inter Blockchain Communication (IBC) protocol that had put at least $126 million at risk. Asymmetric Research had privately disclosed details of the vulnerability impacting the Cosmos ecosystem, adding that it was patched before anyone could exploit it. 

Several meme coin projects on Solana have been rugged over the past month, leading to investors losing a staggering $26.7 million. Solana founders have issued repeated warnings to users to discourage them from investing in such projects. However, even established influencers are participating in such activities and looking to scam users. 

Regulation

The SEC is seeking a record $5.3 billion fine against Terraform Labs and Do Kwon for their role in the collapse of the Terra/LUNA stablecoin, signaling a significant crackdown on cryptocurrency misconduct.

The United States Department of Justice (DOJ) has arrested and charged the founders of the Samourai wallet with money laundering, alleging that they were operating a cryptocurrency mixing service. 

Venezuela's PDVSA turns to Tether to navigate US sanctions, aiming to safeguard oil transactions despite global skepticism and concern over reliance on intermediaries.

In line with global regulatory trends, Thailand is tightening its oversight of the cryptocurrency sector by blocking access to unauthorized crypto platforms. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The CHO token has continuously appreciated in value for the past three months, rising by almost 699%. This substantial increase in value is attributed to various factors, including the recent listing on the BingX exchange, which can draw millions of eyes to the project and enhance CHO's liquidity. However, considering other factors that could positively affect the token's price and what the technical indicators show, is there room for further upside?

Highlight of the Week: BingX Listing and CHO Listing Carnival

After the announcement about listing CHO on BingX was made on April 18, things unfolded pretty quickly. The CHO deposits were opened on April 24, followed by a special trading event that kicked off the same day – the CHO Listing Carnival. And, finally, the CHO/USDT trading pair became available for trading on April 25.

The CHO Listing Carnival introduces potential rewards for participants and features a generous 333,333 CHO prize pool. Users who deposit a minimum of 1,000 CHO (about 100 USDT) will receive a 10% cashback from a pool of 166,666 CHO. Each user can earn up to 315 CHO, but they need to complete at least 100 USDT worth of CHO/USDT trading to qualify. Additionally, users who engage in CHO spot trading worth 100 USDT or more can share another prize pool of 166,667 CHO, with a maximum reward of 1,000 CHO per person. 

The event will continue until May 1, 2024. All rewards will be distributed within seven days after the CHO Listing Carnival ends. Vladimir Gorbunov, Choise.ai’s founder, emphasized that offering such enticing incentives was part of Choise.ai’s user-centric philosophy, aiming to reward the ecosystem’s most loyal community members.

Landing a spot on a leading crypto exchange with a vast user base and hefty trade volumes is quite the victory for CHO. Such moves pump life into any project –  the token becomes easier to trade, impossible to miss out on, and suddenly everyone wants in. By centering everything the team does around their community's needs and desires, Choise.ai team sparked an electric sense of anticipation throughout the crowd that sees even the slightest drop as a chance to bag more tokens. 

Underscoring this overall positive sentiment surrounding CHO, Mags, a crypto analyst quite popular on X, recently discussed the token's performance in a recent post on CoinMarketCap. He mentioned accumulating CHO and expressed bullish anticipation, fueled by emerging rumors that Choise.ai might develop its own blockchain. 

Breaking Down Other Drivers Behind CHO’s Three-Month Rally 

Initially, CHO served as the native currency for Choise.com, but its role has since evolved to become the cornerstone cryptocurrency for Choise.ai. 

Choise.com shifted its focus towards the B2B space and merged with Vault, already operating in the B2B sphere and securing multi-million dollar deals, to establish Choise.ai, a cutting-edge Web3 digital banking development ecosystem, which will utilize CHO as the fuel for its growth.

CHO stakers will actually earn up to 20% of Vault's revenue in special VLT tokens, which are slated for launch within the next 30 to 60 days. These tokens will be initially restricted from trading on exchanges and will be exclusively available to the CHO/VLT community, cherry-picking the project’s loyal supporters.

Another positive thing for CHO was the expansion to the Binance Smart Chain, offering users the option to make transactions at lower costs. To celebrate this, Choise.ai's team has decided to hold a $500,000 lottery for everyone who transfers CHO to BSC wallets.

Last but not least, Choise.ai announced the development of Tringlr, a hybrid SMPC technology that will serve as a base for the most secure digital wallet ever. Tringlr will be integrated into the Choise.ai and partners’ solutions, with CHO as its core token used to perform transactions and incentivize so-called secure agents to validate legitimate operations as part of Tringlr’s multi-layered security system. This is another thing that enhances CHO’s utility and has the potential to impact its price positively in the long term. 

CHO Weekly Technical Analysis

Currently, CHO is trading at around $0.083. Over the past week, the price fluctuated, reaching lows of $0.07 and highs of $0.09. The RSI at nearly 45 indicated that the token was in a neutral position; it was neither overbought nor oversold.

Moving further, we can see that the 20, 50, 100, and 200-day EMAs are all closely aligned, averaging in a narrow range between $0.085 and $0.088. In other words, all of the exponential moving averages are currently acting as support levels. Even if CHO's price dips at some point below this level, there is a high probability that it will quickly recover.

Price consolidations are a normal thing in crypto, and, like every other token, CHO has experienced a few corrections in April. However, the price rebounded swiftly after each downturn. Considering the current circumstances, it's almost common sense to anticipate it rising back above $0.085.

What’s Next For CHO?

Over the past month up to today, CHO has surged by nearly 41% in value. On April 9, CHO even reached an all-time high (ATH) of $0.143 before entering a regular cooldown period; perhaps the calm before the storm. So, where do we anticipate CHO's price heading next?

Considering the EMAs previously discussed and the developments in Choise.ai, if the current level holds, the next resistance is at $0.109, followed by another at $0.128, and then the third at the previous all-time high. The support level at $0.762 provides a strong base for this potential upswing. 

And, if what Mags, the analyst previously mentioned, turns out to be true and Choise.ai really gets to shake the market with sudden revelations, then we could easily see that upside to $0.109 and beyond.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Bitcoin price spike to record highs of $73,000 motivates many retail and corporate investors to review their portfolios and invest some funds into cryptocurrencies. Saving accounts, staking, farming and other passive income tools help to multiply their investments without unnecessary actions and risks. We've broken down where best to invest your bitcoins and stablecoins, as well as how much you can earn from staking cryptocurrencies today.

How staking works

Staking or savings accounts are an alternative to the current bank deposits, only instead of dollars and euros, users invest stablecoins or other popular coins, receiving a certain yield. Today, there are two types of staking available to crypto users: fixed and flexible.

When using fixed staking, the client undertakes not to withdraw the invested coins until the end of the storage period, which is from one month to a year. For this, the company charges him a certain percentage of remuneration, which is paid together with the deposited amount at the end of the staking period. As a rule, the profit from using fixed staking is higher, but there are a number of restrictions on the use of invested funds. For example, if the user decides to withdraw the deposit before the end of the staking period, they automatically lose all rewards.

Flexible staking allows withdrawals at any time, but the rewards are smaller than with fixed staking. The user doesn’t lose the rewards on withdrawal and can manage them at will. As a rule, the rewards for cumulative deposits are accrued on a daily basis, but are available for withdrawal after a certain period of time.

Today, staking is available for top coins like BTC, ETH, DOGE and others, as well as for USDT and USDC stablecoins.

The best savings programs and offers

Accumulation programs and staking aren’t just offered by investment funds and companies, but also by cryptocurrency exchanges, mining pools and others. Let's take a look at the most profitable platforms for passive income on crypto assets.

EMCD Coinhold

EMCD is an ecosystem based on the largest mining pool in Eastern Europe, which is also one of the top 7 mining pools in the world. 200 000 users mine Bitcoins and many other top coins on a daily basis. Miners and other users can transfer their assets to a built-in savings account and earn passive income.

FlexibilityCoin

BTC, ETH, BCH, LTC  %

USDT, USDC %

360 days fixed

8%

14%

360 days flexible

6%

10%

90 days fixed

6.5%

9%

90 days flexible

5%

7%

Flexible

3%

5%

Rewards are accrued daily, and withdrawals to users' wallets are made within 24 hours of a request.

Bitget

The centralized cryptocurrency exchange Bitget offers fixed pool staking. Coins such as CORE, SOL, ETH, SAGA, Near, Manta, DYM, OSMO, and several others are available for users for staking. To join, you need to register with the exchange, go through verification and KYC and make a deposit into a staking pool. Each of the pools offers different returns. More recently, the company launched the special PoolX staking platform, where you can receive tokens of other popular projects by transferring BGB tokens or others into the pool. In addition, USDT tokens are now available for Bitget users at 100% APY.

Bybit

Another centralized cryptocurrency exchange that offers ample opportunities for staking and accumulation. Today, 150 coins are available to users, and the terms can be fixed or flexible. Like Bitget, Bybit offers USDT staking at 100% APY, as well as staking of popular coins, including BTC, ETH, MNT, 1İNCH and others. To join, you need to have a verified account on the exchange and go through KYC procedure.

Stake.Fish

Unlike previous platforms, Stake.Fish is decentralized and focuses primarily on ETH staking. Users need to deposit at least 32 ETHs to enter the pool. The reward is 3.45%, and there are already more than 450k ETH coins in the pool.

In addition, the platform offers staking coins like Cosmos, Tezos, Solana, Near. The yield varies from 3% to 21% and depends on the selected coin and conditions. When choosing a staking pool, you should also consider the amount of fees that the platform itself charges for providing services. It can vary from 4% to 15%.

Staked

Staked is a decentralized platform for staking, which is primarily focused on institutional and corporate investors. Already today, the platform is chosen by such companies as Pantera, Multicoin Capital, Variant, MEW and others. The service offers staking coins like ETH, ADA, SOL, DOT and others. Rewards for participating in the pool vary from 3% to 10% depending on the selected coin and conditions. It should be emphasized that this platform is designed for corporate clients and does not allow retail investors to join its pools.

Conclusion

Staking and savings accounts can be an efficient tool for passive income in crypto. This feature will be especially useful for miners who get daily rewards for mining cryptocurrencies and can instantly transfer funds to savings accounts, growing their profits. Unlike bank accounts, staking offers a higher annual rate and acceptable partnership terms.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Players looking for gambling sites that allow them to sign up and transact without uploading their documents for verification purposes can try our best no KYC online casino. Check our top no verification casino reviews below to select your preferred gambling site. 

Best No Verification Withdrawal Casinos

●       DonBet - Top Choice for No ID Casino Site

●       Nine Win - Huge Free Spins Bonus

●       InstaSpin - Best No  KYC Casino Overall

●     GoldenBet Casino - Top Live Dealer Options

●       Betti - Trusted No Verification Withdrawal Casino

●     SpinLand - Bonus up to £1,000

●     JokaBet - Free Spins Bonus!

●     Nine Casino - New Casino without Verification

●       SpinTime Casino - 10% CashBack!

Top Things to Know Before Choosing to Play at No KYC Casinos

If you aim to sign up at the best no verification online casino, you must pay attention to a few parameters. These features will help you separate reliable KYC sites from fraudulent ones. Check these parameters below:

Withdrawal speed

Before registering at a no-ID required gambling site, you should endeavor to check the payout options and the average withdrawal time. Crypto withdrawals are usually instant, while other banking options may take up to three business days.

Customer service

A simple way to identify a reliable KYC-free casino is to check the customer support quality. Besides featuring multiple contact points, the online casino must respond swiftly to players' requests. Furthermore, players must be able to resolve minor issues independently by checking the information on the FAQ page. 

Security

The safety of gamers’ details and funds depends on the security measures available on the platform. Most no KYC casinos adopt the latest encryption and firewall technology to fortify their websites against cybercriminals. 

Game selection

If you are looking to explore a wide range of new and exciting games, you must consider the game diversity before signing up for a no-ID required casino site. Your selected platform must host vast collections of entertaining games from top-ranking software makers. Some games to look out for include poker, slots, jackpots, bingo, roulette, keno, blackjack, etc. 

Usability

Another vital factor to consider before playing at a no verification casino is usability; the website must have a smooth user interface on a wide range of mobile devices. In other words, it must be easy to navigate irrespective of the device. Also, the platform must support other languages to enable users to maneuver their way on the platform without any barriers. 

What are the Best No ID-required and Crypto Casinos?

Our top KYC-free casino sites offer authentic gaming experiences as they offer top-quality products from renowned suppliers. In addition, they reward sports bettors and casino players handsomely; thereby boosting their bankrolls to enhance their winning chances.  

1. DonBet Casino 

Year Published: 2023

Payment Methods

DonBet Casino meets the expectations of gamers aiming to deposit quickly and receive their winnings without delays. This no-ID required gambling site supports digital coins, allowing players to transact without disclosing their bank or personal details. Here are the supported banking options on this platform:

●      Credit/Debit Card

●      Bank Transfer

●      Bitcoin

●      Skrill

●      Neteller

●      Litecoin

Popular Games

This KYC-free gambling site has a huge game lobby comprising new and popular titles from respected software companies, including Microgaming, Playtech, Pragmatic Play, etc. Furthermore, the games are accessible on portable devices, making it easy for mobile users to play their favorite games. Some fascinating games on this platform include poker, roulette, baccarat, slots, etc. 

Promotions

The minimum deposit requirement to unlock the DonBet Casino welcome bonus is 20 GBP. Besides the deposit match, the online casino adds free spins to the welcome package. The welcome bonus comprises a 150% deposit match and 50 additional spins. 

Pros and Cons

DonBet Casino offers bets on sports and other exciting products like racing and esports. Furthermore, it has an easy-to-navigate design and offers 24/7 customer support. Check the pros and cons of playing at DonBet Casino below:

Pros

●      Tight security

●      Mobile support

●      Crypto support

Cons

●      It is unavailable to players in some regions 

2. InstaSpin Casino

Year Published:2023

Payment Methods

The banking methods at InstaSpin Casino are reliable and convenient. Besides, they are accessible to gamers in different locations. Furthermore, this no-verification online casino does not delay payments; it releases players’ funds within 48 hours. Check some available banking methods below:

●      Paysafecard

●      Bitcoin

●      MasterCard

●      Neosurf

●      Visa

Popular Games

This no KYC gambling site provides players with top-quality entertainment as it hosts exciting games from leading software vendors, including Blueprint, Netent, Playtech, Microgaming, etc. The games support demo versions making them suitable for beginners looking to hone their playing skills before using their funds. Popular slot titles you can play at InstaSpin Casino include Dead or Alive, Gates of Olympus, Starburst, etc. 

Promotions

The InstaSpin welcome bonus covers the first three deposits; it comprises free spins and a deposit match. In all, qualified players will be awarded a 175% bonus of up to 1000 GBP and 100 extra spins. Check the breakdown below:

Deposit One: 100% bonus of up to 100 GBP + 100 free spins

Deposit Two: 50% bonus match up to 200 GBP

Deposit Three: 25% bonus with a cap of 700 GBP

Pros and Cons

InstaSpin Casino is a reliable online gaming destination with vast selections of fair and rewarding games. In addition, the platform supports Apple and Android devices, making it accessible to mobile users. Check the merits and demerits of this no KYC casino below:

Pros

●      Impressive bonus

●      Fast withdrawals

●      Mobile support

Cons

●      No phone support

3. GoldenBet Casino

Year Published: 2021

Payment Methods

GoldenBet Casino does not withhold players’ winnings; it processes and releases gamers’ funds once they initiate withdrawals. Furthermore, they collaborate with trusted payment providers to facilitate smooth transactions. Additionally, this KYC-free gambling site supports digital coins, allowing players to deposit and cash out their winnings without revealing personal or bank details. Other supported banking options at GoldenBet Casino include Visa, EcoPayz, Neteller, Paysafecard, etc.

Popular Games

The GoldenBet Casino game is accessible on a wide range of devices, including smartphones, tablets, Macs, Galaxy Tabs, etc. Besides, top software makers power the games. Furthermore, they are available in practice and play modes, making them suitable for avid players and fun seekers. The game divisions include Slots, Bingo, Live Casino, Table games, etc.

Promotions

If you are a new player looking for a reliable no-ID verification casino that offer an attractive welcome bonus, consider GoldenBet Casino. With a minimum deposit of 20 GBP, you can unlock a 100% deposit match of up to 500 GBP. Check the bonus terms to know other conditions attached to this reward. 

Pros and Cons

Some benefits of playing at GoldenBet Casino include robust security, fast payouts, attractive deals, and fair games. Furthermore, it is a regulated platform holding a license from a recognized gambling body, the Curacao eGaming.

Pros

●      Excellent customer support

●      Sleek design

●      Mobile support

Cons

●      It does not accept PayPal

 

4. Galaxy Spins Casino 

Year Published: 2023

Payment Methods

Galaxy Spins Casino accepts traditional and modern banking options to meet players' demands as well as crypto payments. It accepts cryptocurrency, which is a fast and safe payment mode that supports anonymous transactions. Additionally, the website supports multiple fiat currencies to make life easier for players aiming to deposit and withdraw with their local currencies. Depending on the payout mode, this no verification completes payouts between 24 to 72 hours. 

Popular Games

This KYC-free gambling site has a massive game library comprising exciting titles from top-ranking software companies. These suppliers include Pragmatic Play, Playtech, Microgaming, etc. Also, the games are divided into groups for quick navigation. The divisions include new games, slots, live casino, table games, etc. 

Promotions

Galaxy Spins Casino offers an impressive welcome package to newbies; this reward consists of a deposit match and free spins. If you meet the minimum deposit requirement, you will be awarded a 400% deposit match capped at 2000 GBP and 100 additional spins. 

Pros and Cons

Galaxy Spins Casino supports crypto transactions and offers round-the-clock customer support via fast communication channels. Also, it utilizes advanced encryption technology to prevent cases of identity and financial theft. Here are the merits and demerits of playing at this no-ID verification casino:

Pros

●      Juicy deals

●      Fast payouts

●      Simple user interface

Cons

●      Limited banking methods

5. Betti Casino

Year Published: 2022

Payment Methods

Betti Casino is a trusted no KYC gambling site that supports crypto transactions; it supports top digital coins like Bitcoin, Dogecoin, Tether, Litecoin, etc. Furthermore, it accepts a minimum deposit of 20 GBP, while the maximum amounts players can cash out daily and weekly are 5000 and 10000 GBP, respectively. Other available banking methods include Bank Transfer, MasterCard, Visa, etc. 

Popular Games

This no KYC casino partners with high-ranking software companies to deliver fair and thrilling games, including live casinos, slots, table games, etc. Besides, it hosts specialty games like Bingo, Scratch Cards, Keno, etc. Notable game suppliers at Betti Casino include Big Time Gaming, Play N Go, Net Entertainment, etc. Popular slot games available at Betti Casino include Gates of Olympus, Great Rhino Deluxe, Bee Hive Bonanza, etc. 

Promotions

Betti Casino offers exciting deals to its customers, including free spins, welcome offers, cash drops, etc. The welcome bonus consists of a 100% deposit match of up to 100 GBP. To Claim this offer, you must fund your account with at least 20 GBP. Also, the rewards are subject to a rollover requirement of 35x.

Pros and Cons

Betti Casino adopts sophisticated security measures and offers excellent customer support. Additionally, it offers mouth-watering bonuses to new and regular players. Here are some benefits and drawbacks of this gambling site:

Pros

●      Mobile support

●      Fast withdrawals

●      Fair gameplay

Cons

●      No mobile app 

6. NineWin Casino 

Year Published: 2023

Payment Methods

NineWin Casino has a simple payment system that enables gamers to transact without hassles. Besides, it partners with reputable payment providers and adopts state-of-the-art security technology to facilitate safe transactions as well as crypto payments. You will be pleased to learn that the platform completes payouts quickly. It is worth pointing out that the withdrawal timeframe depends on the adopted banking method.

Popular Games

Consider NineWin Casino if you are looking for a safe no KYC site offering fair and thrilling games. This platform hosts hundreds of games from leading software companies and updates its game portfolio regularly to meet the desires of avid players. Some fascinating games at NineWin Casino include Poker, Slots, Baccarat, Roulette, etc.

Promotions

NineWin Casino greets newbies with an eye-catching package comprising free spins and a deposit bonus. To activate this reward, players must make a qualifying deposit as specified on the promotion page. The welcome bonus comprises 150 free spins and a 100% deposit match of up to 150 GBP.

Pros and Cons

Apart from its juicy deals, this no verification gambling site is mobile-compatible and supports a decent range of reliable payment options to enhance transactions. Check its pros and cons below:

Pros

●      Vast game selection

●      Fast withdrawals

●      Top-quality support

Cons

●      Not available in some countries

7. MyStake Casino

Year Published: 2020

Payment Methods

MyStake Casino is a perfect Bitcoin gambling site for big spenders and penny gamblers. It supports a wide of banking methods, allowing gamers to transact with their most preferred options. The payout processing time at this no KYC site ranges from one to three business days. MyStake Casino accepts e-wallets, bank transfers, debit/credit cards, etc. 

Popular Games

This no verification online casino has a massive game library comprising bingo, slots, blackjack, baccarat, live dealer games, etc. Besides their simplicity and fairness, these games are playable on a wide range of mobile devices. Popular slot titles at MyStake Casino include Book of Dead, Razor Shark, Gates of Olympus, etc.

Promotions

MyStake Casino rewards new players with a 150% deposit match. If you are interested in this offer, you only need to register and deposit between 20 and 200 GBP. Furthermore, the platform awards players with deposits ranging from 201 to 1000 GBP a 100% bonus.

Pros and Cons

MyStake Casino offers multiple betting products and excellent services to its customers. Apart from that, it provides gamers with reliable and safe banking methods to ease transactions. Below are the advantages and disadvantages of this KYC-free gambling site:

Pros

●      Excellent customer support

●      Mobile support

●      Robust security

Cons

●      No VIP bonus

8. SpinLand Casino 

Year Published: 2017

Payment Methods

Are you looking for a trusted no-ID withdrawal casino with safe deposit and withdrawal options? If yes, consider SpinLand Casino. Furthermore, the payment methods are accessible to players around the world. Also, the transaction limits are player-friendly, suitable for penny gamblers and high rollers. Apart from the traditional bank wire, the gambling site accepts Bitcion, ETH, Trustly, Visa, MasterCard, etc. 

Popular Games

SpinLand Casino features exciting jackpot games, providing players with the opportunity to win mind-blowing prizes. In addition, it hosts video and classic slots to meet gamers’ desires. Furthermore, the table game section comprises several roulette, poker, blackjack, and baccarat variations. 

Promotions

 This no verification casino greets new users with a multi-staged bonus staggered over three consecutive deposits. To claim your bonus winnings, you must satisfy a 35x playthrough requirement. Check the details below:

Deposit One: 100% bonus capped at 800 GBP

Deposit Two: 50% bonus with a cap of 250 GBP

Deposit Three: 50% bonus of up to 250 GBP

Pros and Cons

SpinLand Casino is a modern gambling site with a simple registration procedure, which enables gamers to register without delay. Also, the transaction process is fast and convenient. Below are the pros and cons of playing at SpinLand Casino: 

Pros

●      Mobile support

●      Juicy deals

●      Fair gameplay

Cons

●      No telephone support

Other Crypto KYC-free Casinos to Consider

SpinTime Casino

One unique feature of SpinTime Casino is fast withdrawals; this KYC-free gambling site works with leading payment providers to facilitate safe and hassle-free transactions. Furthermore, the website has a huge game portfolio, comprising over 4000 exciting titles. In addition, it provides newbies and existing players with juicy deals, including free spins, deposit bonuses, etc.

Superb Casino 

Superb Casino is one of the top no verification sites you can trust with your funds. Besides supporting the best banking methods; this platform adopts state-of-the-art security technology to protect its customers. Additionally, it offers a diverse range of entertaining games from leading developers like Microgaming, Hacksaw Gaming, Playtech, Merkur Gaming, and others.

Winner Casino

Consider Winner Casino if you aim to play at a regulated and safe no KYC gambling site. Besides; this platform has a smooth layout and is accessible on various portable devices, including tablets, iPads, Galaxy Tabs, etc. This gambling site has popular games, including slots, poker, baccarat, blackjack, etc. Also, the platform supports fast and reliable banking methods to enable players to deposit and withdraw without stress.

JokaBet Casino

JokaBet Casino is a top choice for players looking for a modern no-ID required gambling site with top-quality support services. This platform supports crypto transactions and uses advanced SSL encryption technology to prevent security breaches. The JokaBet Casino welcome bonus spreads over the first three deposits, providing enough funds to play a wide range of exciting games on the platform. 

Why are these the Best Casinos without ID Verifications?

Our top no-ID required casinos outshine other online gaming destinations in several areas, including bonus offerings, security, customer support, etc. Here are the parameters that qualify them as the best no verification casino:

Mobile support

These no KYC gambling sites are accessible on several small-screen devices, allowing players to enjoy an exciting gaming experience on the go. Apart from that, the mobile version has a simple layout which allows for quick navigation. 

Fast withdrawals

Our top no verification casinos offer super-fast payouts, meaning gamers can get their winnings within 24 hours on these platforms. Additionally, it supports diverse ranges of reliable and convenient banking methods that enable players to access their funds without hassles.

24/7 customer support

These gambling sites stand out among other KYC-free casinos because they have excellent support systems. They employ experts with vast experience to respond swiftly to calls, emails, and online chat. Apart from that, they feature a detailed FAQ page that addresses top-priority questions relating to the platform. 

Neat layout

Our best no verification gambling sites have an easy-to-navigate user interface that enables players to navigate their pages without needing help. Their home pages are well-organized with easy-to-locate tabs and links. Besides, their game lobbies are user-friendly.  

Juicy deals

Many players prefer these no KYC gambling sites because they offer mind-blowing deals to newcomers and existing players. In most cases, the welcome package is multi-staged, covering the first few deposits. In addition, they provide regular and VIP players with impressive rewards. 

When Should I Look for a New No Verification Withdrawal Casino?

New KYC-free casinos are top-ranking online gaming destinations that offer exciting features, including sophisticated security measures, vast selections of live casino games, top-quality graphics, and attractive rewards. Furthermore, these gambling sites don’t bother players with identity verification; they allow gamers to register and cash out their funds without uploading documents. 

You can opt for a new no KYC site when looking to play diverse games and claim juicy rewards to boost your deposit; thereby elongating your playtime and enhancing your winning chances. Furthermore, these platforms are ideal for gamers who don’t want to disclose their identity and bank information. 

Safety Measures and Security at No ID-required Casinos

No verification casinos are safe for gamers looking to try new and exciting games because they are regulated by top gambling bodies like Curacao eGaming, Panama Gaming Control Board, Malta Gaming Authority, etc. Besides, they don’t keep users’ documents, making them inaccessible to intruders. Furthermore, these online gaming destinations comply with industry safety standards by adopting advanced encryption technology and firewall protection. 

Gaming Options at No KYC Casino Sites

KYC-free online casinos have massive selections of entertaining games which are accessible on mobile and desktop devices. Furthermore, top software companies supply these games. Also, they undergo periodic auditing to ensure their outcomes are always fair and random. Their game lobbies are easy to use as they categorize the games into slots, new games, live casino, table games, etc. Additionally, they feature filter and search tools for quick navigation. 

Furthermore, they offer bets on other products, including traditional sports, virtual sports, and esports. These gambling sites offer numerous betting options and feature local and international leagues.

Payment Options and Support at KYC-free Gambling Sites 

No verification casinos are ideal for gamers looking to deposit and withdraw funds using top digital coins like Bitcoin, Ethereum, Litecoin, Tether, etc. These banking options allow players to transact anonymously. Besides, they feature traditional payment methods, providing gamers with enough options when selecting their preferred modes of transactions. 

Furthermore, these gambling sites offer top-notch support services; they offer fast customer support through multiple channels like email, telephone, social media, and online chat. Aside from that, their agents are friendly and discharge their duties professionally.

Pros and Cons of No ID Verification Site

No KYC casinos allow players to register and enjoy top-quality products and services without undergoing verification procedures. These platforms offer super-fast withdrawals as there is an ID check that might delay the process. Furthermore, these gambling sites offer generous bonuses to all players, including crypto users, sports bettors, and casino enthusiasts. Additionally, they adopt sophisticated security measures and hold valid licenses from respected gambling bodies. 

However, these online casinos are not recommended for addicted players because they don’t block self-restricted players. Hence, providing unlimited access to gambling products which could worsen gambling addiction. Also, these gambling sites may not be able to offer personalized or VIP bonuses if they don't keep players' records. 

What are the Types of KYC-free Casino Sites?

Mobile Casinos

Are you looking for a convenient no KYC gambling site that lets players register and play diverse games via portable devices? If yes, consider these casino sites. They feature HTML5 technology which makes them easily accessible on a wide range of mobile devices.

Live Casinos

These platforms offer a realistic gaming experience by partnering with leading live casino providers like Ezugi, Vivo Gaming, Playtech, Evolution Gaming, etc. They feature roulette, poker, baccarat, and blackjack live variants. 

New Casinos

Newly developed no KYC casinos offer modern features, including advanced security technology, sleek design, mobile compatibility, etc. Furthermore, they welcome newbies with multitier bonuses valid on the first three to six deposits. 

Conclusion

No-ID required casinos are ideal for players looking to withdraw their winnings quickly without going through the stress of uploading documents. Furthermore, they work with the best software and payment providers to deliver excellent products and services. Also, they offer fast customer service and reward players with deposit bonuses, free spins, cashback offers, etc. Consider our best no verification casinos for a safe and convenient online gaming experience.  

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Velocity Labs has announced a fiat-to-crypto onramp using the Ramp Network through the integration of the Asset Hub. 

The crypto onramp will allow Ramp to service any chain parachain in the Polkadot ecosystem. 

A New Fiat To Crypto Onramp 

Fiat to crypto onramps have always been a pain point when it comes to DeFi (decentralized finance) accessibility. However, this issue was identified quite early on, and builders have been working with regulators, credit card issuers, and other payment infrastructure. With this collaboration, the high barriers of entry to crypto will be a thing of the past. Velocity Labs began talks with Ramp in November of 2023. Ramp is the leading onramp infrastructure provider for Web3. Ramp is a financial technology company building solutions connecting the crypto economy to the global financial infrastructure. The company’s on and off-ramp products provide businesses and individuals a streamlined experience when converting cryptocurrencies and fiat currencies. 

Velocity Labs wanted one outcome from the collaboration: to maximize the Asset Hub’s accessibility and help it achieve its full potential. Velocity Labs is a DeFi and infrastructure company that was founded to help transform the Polkadot blockspace ecosystem into a thriving hub of DeFi innovation.  

The ‘Home Base’ Of Polkadot Ecosystem Assets 

Asset Hub is a system parachain and is often called the ‘home base’ of assets in the larger Polkadot blockspace ecosystem. Its primary function is facilitating the creation, management, and use of assets in the Polkadot ecosystem. As a system parachain, Asset Hub has a trusted relationship with Polkadot’s Relay Chain, enabling the porting of the DOT token from the Relay Chain to Asset Hub. 

The Asset Hub also plays a crucial role in the emission of tokens similar to ERC-20 (The Ethereum standard that powers DeFi) and the imminent resurgence of DeFi on the Polkadot Network. 

Some Constraints 

However, Asset Hub has some constraints, especially when it comes to UX and DevEx. Velocity Labs has been tirelessly working to address these limitations and unleash the full potential of Asset Hub.

Polkadot (DOT) Price Analysis 

DOT has seen bearish sentiment gather steam once again. The cryptocurrency has been in the red since Tuesday, when it registered a drop of nearly 3% after failing to get past the 20-day SMA, which was acting as a strong level of resistance. At this point, DOT was hovering between the 20-day SMA and the 200-day SMA, which was acting as support. However, this level of support was broken on Tuesday, as sellers pushed DOT down by 4.55%, below the $7 mark to $6.92. 

The subsequent sessions saw drops of 0.87% and 1.46%, respectively, with DOT ending Friday at $6.76. DOT has support around the $6.50 mark, so the price could stabilize at this point. However, if sellers are able to push DOT below this level, the price could drop to $6. Thanks to the 200-day SMA, DOT faces resistance at $7.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In the volatile crypto market, investors must look carefully to find investments to make substantial profits. In 2024, Solana (SOL), Pepe (PEPE), and PawFury (PAW) appear as the most promising coins to transform a $1,000 investment into a significant $50,000. 

Investors are on the hunt for the next big profit potential. Like many others, if you are trying to turn a $1,000 investment into a possible $50,000, $SOL , $PEPE , and $PAW are worth considering.  

Solana (SOL): High-Speed Blockchain Powerhouse

Finding the next crypto unicorn is a trying task for a reason. In the highly volatile and competitive crypto market, projects must fight it out to grab their share of investor attention. If you, too, are searching for the next profit-making machine, look no further than Solana, Pepe, and PawFury. These three projects are making waves in the market for their innovative feature and rapid adoption. 

Solana (SOL) exceeded all expectations in 2024 and has proven to be a powerhouse. Recognized for breakneck transaction speeds and scalability, Solana’s Proof-of-History consensus mechanism processes 65,000 transactions per second, providing a highly efficient platform for developers. Solana’s heavy investor backing and technical prowess positions this project for significant growth. 

Pepe (PEPE): The Meme-Sensation Taking Crypto by a Storm

$PEPE climbed the crypto ladders, topping the memecoin culture. The memecoin recently saw an incredible 7-day 370% increase, surging 735% over the last month. $PEPE 's explosive growth catapulted this coin into the spotlight and grabbed investor attention for its possible investment return and increased adoption rate. 

PawFury (PAW) Power: Attractive Potential ROIs and $99,999 Giveaways

PawFury quickly made its mark in the blockchain community following an incredibly successful presale. Raising $1.8 million for its early presale for its native utility token $PAW, the price currently sits at $0.00620, with expert analysis predicting $0.0200 when the coin hits public markets. The potential ROI of 345% makes $PAW an attractive investment opportunity. PawFury offers a 10% buying bonus to celebrate its success, making this a prime candidate for those looking to maximize their investment. 

In addition to its buying bonus, PawFury is offering a $99,999 giveaway to attract new participants and engage community interest.

Growing Community Fosters Investment Opportunity

PawFury is intensely dedicated to community engagement, and its strategic marketing efforts are designed to establish a robust and supportive investment space. The project encourages participation by offering attractive rewards to create a loyal community vital to its long-term success.

Visit the following links for more information on PawFury:

Website: PawFury Official Website

Whitepaper: PawFury Whitepaper

Twitter: PawFury Twitter

Telegram: Join PawFury

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

Payments company Stripe announces its return to crypto payments after a six-year hiatus, starting with support for USDC stablecoin.

Re-entry Announcement

After being out of the crypto payments game for six years, renowned payments processor Stripe is re-entering the arena, kicking off with the USDC stablecoin.

During a keynote address at Stripe’s Global Internet Economy conference, co-founder and President John Collison declared the company's return to crypto payments. 

Collison highlighted the improved transaction settlements, stating, 

“Transaction settlements are no longer comparable with Christopher Nolan films for length. And transaction costs are no longer comparable with Christopher Nolan films for budget.” 

He emphasized a better experience this time and demonstrated a live transaction on stage.

Initial Crypto Acceptance Through USDC

Stripe will initially accept payments in cryptocurrency, starting with USDC stablecoins. While the first round of payments will be limited to Solana, Ethereum, and Polygon, this marks a significant step as the platform hasn’t accepted crypto payments since 2018. 

In 2022, Stripe, along with Twitter (now X), introduced a program allowing creators on the social platform to receive payments in USDC on Polygon. It also created fiat-to-crypto on-ramps through APIs in collaboration with cryptocurrency exchanges. The company began hosting a fiat-to-crypto on-ramp for U.S. customers, taking on conversion and compliance obligations.

Stripe’s Crypto History

Stripe has a long-standing relationship with crypto. It was the first major payment provider to accept Bitcoin in 2014. However, in 2018, it discontinued its crypto efforts, citing Bitcoin's volatility and high transaction times and fees. Stripe had criticized Bitcoin's lengthy transaction times and growing fees during that time. That year also marked Bitcoin’s first-ever “Crypto winter,” when the token dropped from a high of $19,650 in December 2017 to $3,401 at the end of 2018. 

Stripe took a step toward re-entering the market in 2019 by becoming a co-founder of Facebook’s Libra project, which later evolved into the Diem Association. However, it stepped away from Libra later that year, and the project never materialized. 

Reasons for Choosing USDC

Collison highlighted the stability found in USDC, emphasizing its dollar peg, making it a store of value. He pointed out its reliability, stating, 

“You don’t see it in the U.S. You have a very good currency.” 

Collison illustrated this point by displaying a chart comparing stablecoin usage to the volume of Turkish lira traded across crypto exchanges. 

Currently, Stripe is valued at $65 billion, according to Bloomberg, and remains one of the world's largest payment providers, with over $1 trillion in transactions in 2023. Its re-entry into the crypto payment space, starting with USDC, reflects the growing acceptance and stability of cryptocurrencies in mainstream financial operations.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

The FUD surrounding Ethereum remains incessant. 

While on the one side, the XRP army has been accusing the US Securities and Exchange Commission of displaying favouritism towards ETH. On the other hand, the SEC appears poised to not only publicly claim that Ethereum is a security, but also reject spot Ether ETFs in May. 

The Ethereum price has impressed the bulls with its resilience as it continues to trade above $3100. However, analysts are cautioning investors regarding the possibility of ETH falling to $2700 in the coming weeks. 

$ETH / $USD - Update Worse case i expect us to dip lower to $2700 support zone in time. Will take a few months, but failing to get over $3,600 would enable this pic.twitter.com/YLT8VaU3Nm

— Crypto Tony (@CryptoTony__) April 26, 2024

Consensys Lawsuit Reveals SEC Is Coming After Ethereum

Blockchain software company and the parent company of MetaMask - Consensys - sued the US Securities And Exchange Commission over “unlawful seizure of authority”. 

Consensys had previously received a Wells Notice by the SEC on April 10th, accusing the company of breaching the Securities Act via its MetaMask wallet. 

Looks like @Consensys received a Wells notice from the @SECGov in regards to its @MetaMask wallet so it’s chosen to sue the regulator first, asking a court to determine $ETH status. The question @GaryGensler has refused to answer may now ultimately be answered by a court. https://t.co/DKzZAbW03P

— Eleanor Terrett (@EleanorTerrett) April 25, 2024

In response, the former has gone on the offensive, suing the Commission for overreaching its authority. Consensys wants the court to declare that Ethereum is not a security and that decentralized wallets such as MetaMask could not be security brokers. 

SEC chairman Gary Gensler has traditionally remained wishy-washy regarding ETH’s security status, even in various Congressional hearings. 

Gensler also previously hinted that while ETH was initially a commodity, the Ethereum merge - which changed its consensus mechanism from proof-of-work to proof-of-stake - could have made it a security. 

Needless to say, Ethereum being declared a security could be catastrophic for its price. 

The SEC is also set to reject all spot Ethereum ETF applications, including BlackRock’s. It is unclear whether this decision is already priced in by the market or whether the second-largest cryptocurrency will take another hit in May. 

Ethereum Price Forecast - Is ETH Headed To $2700?

ETH has shown resilience, much to the delight of the bulls.

A look at the Ethereum price chart showcases that while it did plunge 6% on Thursday, it has managed to trade above the $3,100 support - at $3,150 at press time. 

However, popular trader Crypto Tony reveals that Ethereum needed to flip the $3600 resistance into support to resume its bullish trajectory. Now that this looks like a distant dream, he projects the ETH price to gradually dip to the $2700 support. 

Analyst Benjamin Cowen also expects the ETH/BTC trading pair to remain bearish. In a recent X post, Cowen highlights how the ETH/BTC chart shows weakness in the second financial quarter before hitting a bottom in June. 

New Meme Coins Could See Higher Demand If Ethereum Rally Halts

It is unlikely for Ethereum to show a sudden sharp decline in light of the SEC vs Consensys lawsuit. 

Most market participants saw this legal battle coming from a long way, as could also be the case with the rejected spot ETH ETFs. 

However, these two factors, in addition to the continued macroeconomic risks, could lead ETH to adopt a consolidatory price action with a slightly bearish trajectory to $2700. A tepid Ethereum also reduces the possibility of an altcoin season. 

In such a scenario, investors could once again turn to new meme coins for potentially higher volatility and greater returns. 

Could WienerAI Be The Next 100x Meme Coin?

New Ethereum-based meme coin WienerAI is off to a strong start in its presale, raising over $375k on the very first day.

The WienerAI meme coin claims to be represented by the first AI-powered sausage dog, one that has already captured the imagination of investors through its hilarious portrayal. 

After all, the new motto in the meme coin community has become, “If it makes me laugh, I’m buying”. Notably, one of the earliest investors in Dogwifhat ($WIF) - trader Blockgraze - revealed he invested in the meme coin simply because the dog had a hat. 

Therefore, the strong early demand for the first Wiener/Dog/AI-inspired meme coin is not out of the ordinary. 

However, the new meme coin also has utility. Being an Ethereum-powered meme coin, it allows token holders to stake their holdings. According to the WienerAI staking dashboard, the current reward rate is over 1800%. 

However, this yield percentage is set to decrease as an increasingly higher number of tokens are staked, giving an advantage to the early buyers. 

Investors can purchase WienerAI by visiting its website and using the over-the-counter widget to swap ETH, BNB or USDT tokens. They could also use a bank card. 

They can learn more about the meme coin through its whitepaper or by following its X or Telegram account. 

Visit WienerAI Presale

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The cryptocurrency market is subtly hinting at recovery signs, with memecoins appearing to signal investment sentiment. 

The crypto market hints at signs of life, with memecoins leading the recovery. Bitcoin maintains its bullish run, and altcoins appear ready for a breakout. The recent uptake in memecoins may indicate that retail investor sentiment is becoming positive, and investors are prepared to re-enter the market. 

Memecoin Surge Indicated Renewed Confidence in Crypto

The run-up to the highly anticipated Bitcoin halving event saw Bitcoin and the altcoin market reach new highs and investors profit. Shortly before the historical halving, the market corrected, losing much of 2024 gains. While Bitcoin maintains its bullish formations, altcoins start a slow recovery and look ready to break out.

 Memecoins seem to outperform the overall market, indicating that retail investors are regaining trust and are prepared to re-enter the market. Among the top memecoin gainers are breakout projects Dogwifhat (WIF), Pepe (PEPE), and PawFury (PAW). 

Dogwifhat ($WIF ) Popularity

While new memecoin appears to pop out from everywhere, Dogwifhat (WIF) is quickly gaining popularity among investors. $WIF recently took a turn a downward turn and seems to be holding the trend. $WIF now retests a crucial trendline doubling as support. If the support holds, WIF is expected to rise from its current state - a prime buying opportunity, we might add, with targets set at $4.86 and an ambitious Fibonacci extension at $6.65.  

Pepe $PEPE

$PEPE managed to break free from a downward trend that began in mid-March. Pepe moved beyond the descending channel and now tests to transform the $0.00000773 resistance into support. If it maintains this level, $PEPE could rise to $0.0000109, even reaching $0.00001515 at the 1.618 Fibonacci level.  

PawFury ($PAW) Madness

A new kid on the block, PawFury is making headlines for its incredibly successful presale and upcoming $99,999 giveaway campaign. $PAW is ready to welcome Stage 3 of its presale, and the project is taking the initiative to boost its presence and engage with the community even further. The project’s strategic initiatives and continued presale momentum position PawFury as a serious contender in the memecoin market, offering investors significant investment potential and an attractive ecosystem.

 

Memecoin Rally Proves the Unrivaled Potential of the Crypto Market

Pepe, Dogwifhat, and PawFury's recent gains signal recovery of the broader crypto market and highlight the diverse investment opportunities the crypto landscape offers. As post-halving volatility continues, investors are increasingly looking for alternatives to tide them over amid uncertainty and look to memecoins to provide some fun, offering real financial growth opportunities.

 

Visit the following links for more information on PawFury:

Website: PawFury Official Website

Whitepaper: PawFury Whitepaper

Twitter: PawFury Twitter

Telegram: Join PawFury

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

If you're looking for the hottest Solana meme coin 2024 with significant potential, look no further than Solama! 

The new and successful community-driven project is making waves in the crypto space, pushing it to be not just another meme coin but the meme coin of the year.

Besides the benefits of Solana's smart contracts and the high speed - low fees ratio, this blockchain is constantly working to improve its scalability and security. Therefore, the Solama crypto project could be your way to have fun while earning big in the next bull run.

But don't trust our word; just start playing the Solama games and discover the new ecosystem full of possibilities for yourself!

Early Investor Paradise: 100x Gains on the Horizon?

Taking the Solana scene by storm, Solama isn't your average meme coin!

Launched in January 2024, it playfully positions itself as the unofficial mascot of the Solana blockchain. Moreover, since it was built directly on Solana, Solama leverages all the advantages and functionalities that make Solana such a popular platform.

Solama boasts a remarkable market cap growth, surging from a cool $1 million to a staggering $100 million in just 3 days. That's right, no other meme coin has delivered such lightning-fast returns for its investors!

With its first significant market push, Solama reached its all-time high of over $120 million, showcasing the undeniable potential of being the top Solana meme coin in 2024.

Solama: Building a Strong Foundation for Its Investors

Solama isn't just about short-term hype, especially since they've made significant strides in establishing themselves as a long-term key player. Therefore, here's what they've got brewing:

New Digital Home: Solama has a brand new website, Solama.com, for a streamlined user experience;

Strategic Partnerships: To fuel their growth, they've secured a robust partnership with AssetDash, a crypto portfolio tracker and a modern swap platform;

Whale of a Time: Solama has partnered with prominent influencer WhaleInsider, further solidifying its presence in the crypto community.

With a focus on long-term development through strategic partnerships, a brand-new user-friendly website, and a growing community, Solama positions itself as a frontrunner in the competitive meme coin space. 

Take your chance to be part of the journey, join the Solama community, and see where the future takes this exciting project!

Multiple Ways to Buy and Hold SOLAMA

Whether you're a seasoned DeFi user or prefer centralized exchanges, Solama has got you covered! Choose to trade Solama on popular decentralized exchanges like Raydium, Jupiter, and Orca or some of the most significant CEXs like Bitrue, BitMart, CoinEx, and MEXC.

With a prestigious listing on BingX coming up on May 7, it's time to stay tuned for even more Tier 1 CEX listings planned for May, June, and July!

Join the Fun and Fuel the Future of SOLAMA

We all know that a crypto project can only be empowered by its community to participate actively, regardless of its type. As a result, Solama fosters an inclusive environment where everyone can contribute to its success, whether by playing their game or supporting their official merchandise store, Solama Trendz. 

Not to mention, all utility profits are reinvested back into the project, ensuring even more marketing muscle and exchange listings, and this collaborative spirit sets Solama apart and positions them for long-term success!

Why invest? Well, Solama boasts a scarce supply of only 653,868,075 tokens, verified by CoinMarketCap, making it a true collector's item, and with a rapidly growing community nearing 30,000 holders and counting, Solama's future is bright!

So, take your chance to be part of the Solama story! 

Stay Updated on The Best Solana Meme Coin 2024

Check the project's official website to stay hooked on Solama's development roadmap. Be part of this meme coin craze and community by following Solama's Telegram, X (Twitter), and Instagram activity. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

The Binary Holdings, a leading web3 infrastructure provider for telecommunication companies, has successfully closed an $8M funding round. Since its inception, The Binary Holdings has set out to onboard the next billion users to Web3, and industry leaders have taken the opportunity to back the team to achieve this mission. This strategic $8 million round included names such as Luna Media Capital, International Blockchain Consulting Group, A3S Group, Plug and Play Ventures, SOSV, Dutch Tech Sports Fund, Strauss Capital and a group of other distinguished names. Collectively, the investors bring with them a wealth of expertise spanning diverse industries across the realms of both Web2 and Web3, heralding a transformative era of growth and innovation for The Binary Holdings.

"As innovators and initiators at the forefront of web3, we are proud to be strategic investment partners with The Binary Holdings. Their seamless integration of telecommunication and blockchain technology supports their goal of onboarding the next billion users to the web3 space. Together, we are ushering in a new era of connectivity, where the BNRY token serves as the cornerstone of a decentralised, user-centric digital ecosystem, revolutionising telecommunications networks and paving the way for a fully interconnected world." - Nikita Sachdev, founder and CEO of Luna Media Capital

The Binary Holding’s dominance at the intersection of telecommunication and Web3 positions it uniquely to serve telecommunication companies in pursuit of web3 solutions to address challenges concerning user activation, engagement, retention and sustainable revenue growth per user. Since these strategic investors have joined the team, The Binary Holdings has meticulously covered ground across Southeast Asia, expanding into countries like Indonesia, Philippines, Myanmar, Vietnam and others. By partnering with the leading operators in these countries, The Binary Holdings will amass exposure to over 200 million users in the next 12 months.

“The Binary Holdings is attempting to do something no other Web3 company has been able to do. Their mission to redefine web3 infrastructure for the telecom industry combines the power and reach of the telecoms with the democratisation promise of web3 tech, and offers the potential to create real-world results on a truly massive scale. The Binary Holdings is positioned to lead the future of the web3 telecom space as they seek to empower the telecom industry one user at a time”. - Gilly Strauss, CEO of Strauss Capital

In addition to the strategic round, The Binary Holdings also recently concluded an oversubscribed community-exclusive presale, highlighting the immense anticipation among community members who have eagerly awaited their listing for months. Responding to this overwhelming demand, the company has opted to initiate a public presale on several top-tier launchpads, leading up to their highly anticipated listing event scheduled for April 30th, 2024.

Serving as the cornerstone of the TBH ecosystem, the Binary Token ($BNRY) plays a pivotal role in facilitating seamless transactions and interactions for the ecosystem's 40 million users. Combined with TBH's planned cutting-edge layer-2 solution, the BNRY token emerges as a catalyst for widespread adoption of Web3, propelling us closer to a fully

interconnected, blockchain-powered world and empowering the transition of the next billion users into the space.

The Binary Holdings boasts an impressive average monthly user base of 38 million, with 3.3 million active daily users, and over 1.1 million active daily wallet transactions. These staggering figures underscore TBH's commitment to delivering Web3 solutions that resonate with users on a daily basis. Recent integrations, including Lost Club Toys and a strategic investment in TwinMatrix Technologies, which offers cutting-edge digital twin solutions for esteemed clients like Changi Airport, further amplify TBH's impact. These integrations not only unlock advanced user activation and engagement solutions for telecom partners but also enhance the role of the $BNRY token as a facilitator for these dynamic interactions across the ecosystem.

"We are deeply honoured to join forces with leaders and innovators hailing from both the Web2 and Web3 realms. Their unwavering support stands as a resounding endorsement of our vision and the ongoing journey of creating value for our telecom partners and true utility for the BNRY token” - Manit Parikh, CEO of The Binary Holdings

The Binary Holdings continually integrates new partners into its growing ecosystem and universe. Each new partnership enhances the value of the TBH ecosystem, empowering the BNRY token with greater utility. These collaborative endeavours extend across DePin, SocialFi, and DeFi, presenting users with abundant opportunities to engage and access a variety of products and services within the ecosystem.

About The Binary Holdings

The Binary Holdings is a leading Web3 infrastructure provider for Telecommunication, BFSI, Gaming and eWallet companies across emerging economies in Southeast Asia. Headquartered in DIFC, UAE, the company emphasises innovation and opportunity across its diverse business ecosystem.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

 

Consensys has filed a lawsuit against the SEC, arguing against its regulatory control over Ethereum amidst concerns of stifled innovation and economic repercussions.

Consensys Challenges SEC’s Authority 

In a bold legal move, blockchain and web3 software technology company Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), aiming to defend the Ethereum blockchain from what it perceives as excessive regulatory interference. The complaint, lodged in the United States District Court for the Northern District of Texas, contests the SEC's jurisdiction to regulate Ether as a security.

Ethereum co-founder and Consensys CEO Joe Lubin said, 

“The case we have filed today is intended to preserve access for the thousands of developers, market participants, and institutions who have a stake in the world’s second-largest blockchain…Unlawful SEC regulation, however, threatens to jeopardize this potential and impedes the U.S.’s ability to use blockchain technology as the basis for countless new innovations and technologies.” 

SEC’s Aggressive Enforcement

Consensys, which is a major backer of the Ethereum blockchain, argues that the SEC's regulatory actions could stifle innovation and potentially harm the U.S. economy. In its 34-page filing, the company expresses concerns that such measures would not only disrupt the Ethereum network but also impact stakeholders across the board.

This legal challenge follows SEC Chairman Gary Gensler's recent enforcement actions against major players in the crypto sector, such as Coinbase and Uniswap. The SEC's enforcement efforts have included subpoenas targeting firms and developers involved with the Ethereum Foundation, which supports the blockchain's development.

SEC’s Controversial Ether

The debate over Ethereum's regulatory status has intensified, particularly since the SEC indicated previously that Ethereum tokens, like Bitcoin, are not securities and fall outside its regulatory purview. 

Despite these precedents, Gensler appears undeterred, pointing to Ethereum's staking feature as justification for the SEC's recent actions. He has defended the SEC's stance, arguing that existing securities laws are clear and applicable to the crypto industry and maintains that the industry's resistance to compliance is unfounded.

Consensys’ Significance in the Ethereum Ecosystem

Consensys, headquartered in Fort Worth, Texas, has played a pivotal role in developing essential tools for the Ethereum ecosystem, including MetaMask, Infura, and various clients. The company's involvement has been crucial in Ethereum's evolution and growth.

The SEC's potential reclassification of Ethereum as a security could have significant ramifications, considering the crypto’s extensive ecosystem and the implicit understanding that it is not a security. Such a move could disrupt the multi-billion dollar economy built around Ethereum and affect Consensys' prominent role within the ecosystem.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

In a world constantly evolving through technology, a significant revolution is unfolding in the financial landscapes of emerging economies such as Nigeria and the UAE. The recent findings from Elastos' inaugural BIT Index highlight a pivotal shift: these nations are not just embracing Bitcoin, they are setting new benchmarks for its daily use and trust, far outpacing traditional financial systems.

Bitcoin's Stronghold in Nigeria and the UAE

According to the BIT Index, a remarkable 23% of Nigerians and 20% of UAE residents now use Bitcoin daily. This adoption rate starkly contrasts with more established economies like Germany (8%) and the UK (9%), painting a clear picture of how emerging markets are leading the cryptocurrency charge. Furthermore, a staggering 67% of Nigerian participants trust Bitcoin over traditional entities like banks or government for safeguarding their life savings.

Trust and Usage: A New Financial Era

The data unearthed by Elastos is not merely statistical; it narrates the beginning of a new financial doctrine. In Nigeria, 66% of respondents trust Bitcoin over traditional systems for online transactions, demonstrating a significant paradigm shift in financial trust and security perspectives. 

The UAE and Nigeria are increasingly embracing Bitcoin and cryptocurrencies due to a confluence of economic, technological, and societal factors. Here are some reasons for this shift towards Bitcoin, supported by data and resources from various web sources:

Economic Volatility: In countries like Nigeria, economic instability including inflation, currency devaluation, and fluctuating monetary policies makes traditional assets less attractive. Bitcoin provides an alternative that is perceived as more insulated from local economic troubles. The value of Bitcoin tends to be global, and less influenced by any single country’s economic conditions.

Remittances: Both UAE and Nigeria have significant inflows and outflows of remittances. Traditional banking systems often involve high fees and can be slow. Bitcoin offers a practical solution with its lower transaction costs and faster transfer speeds, making it highly appealing for cross-border transactions.

Financial Inclusion: A substantial portion of the population in these regions remains unbanked or underbanked. Cryptocurrencies offer a viable solution for financial inclusion, providing access to basic financial services via simple technology like smartphones, which are widely used in these regions.

Youthful Populations and Tech Adoption: Both Nigeria and the UAE have a relatively youthful population with a high rate of technology adoption. This demographic is more open to adopting new technologies such as cryptocurrencies and blockchain for daily transactions and investments.

Distrust in Traditional Banking: There is a growing distrust among the populous in traditional banking systems. This distrust stems from experiences of financial restrictions, bank failures, and inadequate banking infrastructure. Cryptocurrencies offer a decentralized alternative, which is attractive to those who are skeptical of traditional financial systems.

Regulatory Evolution: In the UAE, particularly, there has been a progressive stance towards blockchain and cryptocurrencies, with the government itself investing in and promoting blockchain technology. This supportive regulatory environment helps boost confidence and adoption among both consumers and businesses.

Investment and Wealth Preservation: In the context of global economic uncertainty, both individuals and businesses in emerging markets see Bitcoin as a tool for wealth preservation and a hedge against local currency depreciation. This is particularly pertinent in Nigeria where the Naira has experienced significant devaluation.

Innovation and Economic Strategy: The UAE views blockchain and crypto technologies as integral to its economic diversification strategy. By adopting these technologies, they aim to enhance their digital economy and reduce their reliance on oil.

These points illustrate why there is a significant shift towards Bitcoin and cryptocurrencies in emerging markets like UAE and Nigeria. The blend of economic challenges, technological advancement, youthful demographics, and sometimes supportive regulatory frameworks create a fertile ground for the adoption of digital currencies.

Emerging markets depict a tendency towards Bitcoin not just as an investment but as a lifeline. For instance, 48% of Nigerians use Bitcoin for international money transfers, appreciating its lower fees and efficiency compared to conventional banking. This utility is crucial in regions where traditional financial services are either unreliable or inaccessible.

The Future Outlook

Optimism about the future of Bitcoin runs high in these regions. Approximately 78% of Nigerians believe that both the use and value of Bitcoin will continue to ascend . This sentiment is a robust indicator of the cryptocurrency's resilience and its perceived role as a cornerstone of future financial systems in these economies.

Elastos' introduction of Bitcoin Layer 2 technology, BeL2, epitomizes the technological advancements supporting this shift. By enabling direct transactions without intermediaries, BeL2 not only enhances privacy but also reduces transaction costs, further empowering users in emerging markets.

Conclusion: A Catalyst for Change

The inaugural BIT Index by Elastos does more than just provide data; it signals a transformation. Emerging markets are not just participating in the cryptocurrency revolution; they are at its vanguard, redefining economic empowerment and illustrating a profound trust in decentralized digital assets. This trend is a clear indicator that the future of global finance may well pivot on the axis of blockchain technology, with emerging markets leading the way.

As countries like Nigeria and the UAE continue to showcase high adoption rates and trust in Bitcoin, they are not merely following a global trend. They are crafting a new narrative in the global financial saga—one where digital currency is a key protagonist. This burgeoning confidence and reliance on cryptocurrencies are set to redefine financial interactions worldwide, marking a significant shift towards a decentralized and digital-first economic landscape.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

The crypto market is heading towards a crucial decision in the next few days. Will the market go up or down? If it’s up, then Kaspa (KAS) and Injective Protocol (INJ) are likely to be in the vanguard of the recovery.

$KAS and $INJ rank 46 and 53 in market capitalization, with $KAS at a $2.77 billion market cap, and $INJ at $2.36 billion. These are both medium to large cap cryptocurrencies, and according to the charts, these two could be among the first of the altcoins to start running should bitcoin be able to achieve a positive monthly close for April.

$KAS holds very firm support

Source: Coingecko/TradingView

$KAS is holding very firm support at $0.10. Not only is this a support that has held several times since November 2023, but it is also the 0.618 fibonacci level. The most recent dip to this support was last week, and the price was bought up yet again from this level. 

However, the downward trend line is guiding the price into decision-making time within the next 2 to 3 weeks, as it converges with the horizontal support. The descending triangle that this is forming is in fact a bearish pattern. That said, both the weekly and 2-weekly time frames on the stochastic RSI (momentum indicator) are at the bottom, meaning that a cross back up, and positive price momentum, are on the way. If a break to the upside does occur, $0.13, $0.16, $0.17, and aspirationally $0.25, are the targets.

$INJ ready to surge

Source: Coingecko/TradingView

$INJ has a beautiful looking chart on the weekly time frame. The price is holding nicely at the $26 support, having gone down as far as to confirm the support at $18 just two weeks ago. The wick that this venture downwards left behind is just as long as the one left behind to the upside after touching $53. This could mean that the price will surge up at least the same amount as it came down.

Source: Coingecko/TradingView

Looking at the shorter daily time frame, it can be seen that $INJ needs to break the white trend line first. Strong resistance then waits above at $31, and then at $42, before the top at $52. Aspirational targets are at $74, and $109. Weekly and 2-weekly stochastic RSIs have bottomed, meaning just like $KAS, upward momentum is coming soon for $INJ .

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

Bitcoin continues to trade within its range, seemingly unperturbed by an upcoming monthly close that could decide the next few months for the king of the cryptocurrencies.

Bitcoin operates best in high liquidity environment

The range between around $70,000 down to $60,000 has been containing the bitcoin price since mid-March. Seemingly unconcerned with world geopolitical events, deteriorating economic data, and the like, bitcoin is travelling sideways with investors and traders uncertain of what could be its ultimate direction.

Each time the US Federal Reserve puts out statements that it is likely to cut interest rates, inflation data comes in that suggests that the Fed will keep rates higher for longer. 

Bitcoin operates at its best in a lower rates and higher liquidity kind of environment, and as things stand this is just not the case. Not yet anyway. The next release of CPI data on 15 May will be very interesting to see.

Will bitcoin fall out of its bull flag?

Source: Coingecko/TradingView

Therefore, bitcoin traverses sideways while it waits for the impetus and momentum that will push it one way or the other. If this is to the downside and bitcoin falls out of the bottom of its bull flag, and breaks through the support at $59,000, a plunge down to $51,000 would likely be the next move.

Much higher time frame looks positive for $BTC

Source: Coingecko/TradingView

That said, it’s really on the much higher time frames that things become clearer for bitcoin. Where the monthly chart has the $BTC price needing to hold $61,000, and the 2-month chart shows a really long wick to the upside, suggesting that price is being forced down, the 3-month chart looks as clear as a bell.

The wick down to confirm the level of the candle tops in 2021 looks very bullish. As long as price stays above this level for the next two months it would suggest that the subsequent three months should be a green candle. Momentum is also coming in from the stochastic RSI.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In a significant move, Franklin Templeton has announced the tokenization of its US Government Fund on the Polygon and Stellar blockchains. 

The fund’s tokenization will allow Franklin OnChain FOBXX investors to transfer the fund’s BENJI token between themselves without an intermediary. 

Franklin Templeton Embraces Blockchain Technology 

Franklin Templeton’s embrace of blockchain technology can enable peer-to-peer transfers for shares in its Franklin OnChain United States Government Money Fund (FOBXX) using the BENJI token. One BENJI token acts as a share of the Franklin OnChain U.S. Government Money Fund and is currently available on Polygon and Stellar. With each share now represented by the BENJI token, Franklin Templeton now leads the tokenized US Treasuries niche with a 32% market share representing $384 million in assets, according to data from asset management company 21co. Franklin Templeton Head of Digital Assets Roger Bayston said in a statement, 

“We are excited that BENJI token holders will have the ability to transfer shares amongst each other. Eventually, we hope for assets built on blockchain rails, such as the Franklin OnChain U.S. Government Money Fund, to work seamlessly with the rest of the digital asset ecosystem.”

Franklin Templeton was the first US-registered fund to use a public blockchain to process transactions and record share ownership. Currently, the total assets under management in tokenized government securities is around $1.2 billion. 

Competing With BlackRock 

Franklin Templeton’s new initiative comes in an increasingly competitive environment, especially with BlackRock’s new BUIDL fund emerging as a formidable competitor. BlackRock’s BUIDL fund is tokenized in collaboration with Ethereum and has captured 25% of the market only a month after its launch. The fund currently has $304 million in assets and is quickly eating into Franklin Templeton’s market share. 

Competition between the two is set to intensify as the investment giants look to establish their dominance in the tokenized US securities niche. Franklin Templeton’s tokenization of its US Government Funds also marks a strategic move toward enhancing greater connectivity within the digital asset ecosystem. 

Through the peer-to-peer transfer of the BENJI token, Franklin Templeton is looking to broaden the fund’s utility and give investors greater facility in managing their assets, underscoring the firm’s commitment to leveraging blockchain technology to innovate and adapt to changing market trends.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Parachains can connect to Polkadot by leasing a parachain slot on the Relay Chain. This slot can be leased for up to 96 weeks at a time, with the option of renewing it further. 

However, Polkadot only has a limited number of parachain slots available, which are unlocked every few months through on-chain governance. 

Understanding Parachain Slot Options 

Any chain that wishes to lease a slot and connect to the Relay Chain must lock DOT tokens for the duration of the lease. Acquiring a parachain slot guarantees the parachain a block inclusion at every Relay Chain block. Parachain slots are leased according to an unpermissioned candle auction. These candle auctions are a variation of open auctions where bidders submit bids in an increasing manner, meaning the next bid will be higher than the current bid. The highest bidder at the auction’s end is considered the winner.

Candle auctions were originally used in the sale of ships, with the name being derived from the system used to determine the length of the auction. Originally, the auction concluded when the flame of the candle went out, at which time the auction terminated, and the standing bid at the time was declared the winner. When such an auction is used online, they require a random number to decide the moment of the auction’s termination. 

Different From Regular Candle Auctions 

Parachain auctions differ from regular candle auctions because they do not terminate the auction at random. Instead, the auction runs for a fixed duration, with the winner chosen retroactively. Candle auctions on Polkadot are split into two parts: the opening period and the ending period. 

The opening period begins immediately as the auction starts, lasting one day and eighteen hours. This period acts as a buffer period, allowing parachain candidates to set up their initial bids and discuss their strategy to try to win the slot auction. Bids are accepted during this phase. However, these bids do not impact the auction’s outcome. The ending period comes after the beginning period and lasts for five additional days. During this phase, the auction is subject to end depending on the candle auction mechanism. 

The auction can end at any point during the ending period, with the time randomly chosen through the Verifiable Random Function (VRF). The win probability is equal to the number of blocks containing a winning bid divided by the total number of blocks in the ending period. The ending is managed by propagating through the entire ending period, with a snapshot taken at each block within the ending period to capture the winners for that particular block. At the end of the period, a snapshot is randomly selected, determining the auction’s winner. 

How Candle Auctions Work 

Let’s understand how the candle auctions work in a little more detail. You need to remember five main things: Bonding, Auction Cost, Crowdloans, Auction Duration, Slot Durations, and Lease Periods. 

Bonding - Parachain teams must lock up (bond) a portion of their DOT tokens for the duration of the lease. The DOT tokens cannot be used for other activities like staking or transfers when bonded. 

Auction Costs - Following the lease, the DOT tokens are unlocked, meaning teams participating in the auction are not required to spend “DOT.”

Crowdloans - Some parachain teams fund their auction bid through a crowd loan campaign. This allows teams to accept donations from other DOT holders. Those who donate their DOT tokens get them back at the end of the lease. Additionally, parachain teams can reward contributors in a number of ways, such as distributing the parachain’s native token. 

Auction Duration - Polkadot auctions have an opening bidding period of one week. At the end of this phase, the moment of the auction’s close is determined retroactively, thus preventing last-minute auction sniping. 

Slot Duration and Lease Periods - Each Relay Chain can be leased for a maximum of 96 weeks. When bidding on a slot, parachains are free to choose the lease length. They can do this by selecting 12-week increments called lease periods. Multiple parachains can win a single auction if they bid on lease periods that don’t overlap one another.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

An indebted student recently paid off $50,000 in tuition fees with profits from memecoin Dogwifhat (WIF). The student hopes his luck continues as he expands his portfolio to include Dogecoin (DOGE) and PawFury (PAW). 

A student with some serious debt tested their luck in the volatile crypto market, striking absolute gold. With profits gained from Dogwifhat, the student successfully paid tuition fees of $50,000. Hoping the luck continues, the student recently expanded his holdings to include Dogecoin (DOGE) and the new kid on the block PawFury (PAW). 

Settling Student Debts with Dogwifhat (WIF) Profits

The crypto market and its volatility can either make or break a person’s life. In the case of an indebted student, the investment paid off. A student with outstanding tuition fees of $50,000 recently settled debts using the wins from Dogwifhat. WIF, the recently launched Solana-meme coin, saw a spectacular rally in the 2024 bull run, grabbing investor attention with its utility and potential for growth. This lucky student’s play in the crypto market shows the endless possibilities within the space. 

Portfolio Expanding

After their immense success with WIF, the student diversifies their crypto holdings to include PawFury (PAW) and Dogecoin (DOGE). Both DOGE and PAW offer unique investment opportunities and naturally tickled the interest of this student’s fancy. 

PawFury (PAW) Presale Success

PawFury rapidly became the talk of the blockchain town following the incredible success of its native utility token $PAW’s presale. The project stands out for its innovative blockchain solution and possible return on investment if the presale is anything to go with. PawFury raised significant money in its early presale and is promising early investors some pretty good gains.

PawFury is near the end of its Stage 2 presale, and investors are eager to reach Stage 3. PawFury is set to launch an incredible incentive in a $99,999 giveaway.  The project hopes to boost engagement and attract a broader audience to its presale success.

 

Dogecoin (DOGE) Continues to Thrill

While the frenzy around PAW seems to be the centre of attention, Dogecoin continues to prove itself to be an excellent opportunity for seasoned investors and newcomers alike. Starting as a memecoin success story, Dogecoin evolved into a stable and reputable cryptocurrency with a strong community and widespread acceptance. Dogecoin represents not just a good investment but also part of the broader cultural fabric of the crypto community, making it the perfect investment for a student looking to expand their foray into crypto. 

Navigate Crypto Investments with Strategic Diversification

From paying off student debts and exploring the potential of PawFury and Dogecoin, this lucky student’s story is a testament to the endless possibilities of the crypto market, underscoring the importance of diversifying holdings. As this student continues to navigate the crypto world, their diverse approach sets an inspiring example for aspiring crypto investors. 

About PawFury

PawFury is a revolutionary crypto project making waves in the blockchain industry with its multi-chain functionality and community-focused governance approach. As PawFury continues its presale and promotions, it is steadily setting new standards for innovation and investor engagement in the decentralized finance space.

 

Visit the following links for more information on PawFury:

Website: PawFury Official Website

Whitepaper: PawFury Whitepaper

Twitter: PawFury Twitter

Telegram: Join PawFury

PawFury recently updated presale wallet addresses:

Ethereum Chain:

https://etherscan.io/address/0x7d5a2E0757897BDde2b0C5C81AF6BbFC48d61B1a

BSC Chain:

https://bscscan.com/address/0x7d5a2E0757897BDde2b0C5C81AF6BbFC48d61B1a

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

While the cryptocurrency market is experiencing a correction today, with some altcoins, including meme coins, trading in the red over the last 24 hours, the meme coin sector has actually seen positive gains over the past seven days. 

Among the top performers, BONK, a Solana-based meme coin, has outperformed other leading meme coins with a 85% pump, while PEPE has risen by 51%. Other meme coins have also recorded gains, albeit to a lesser extent. 

Concurrently, a new meme coin called Dogeverse, which launched its presale earlier this month, has achieved an important milestone by raising over $10 million. 

Source: CoinMarketCap / memes

Breaks Out, Eyes $0.000035

BONK is currently trading around $0.000027 after this week's impressive pump. The coin reached an all-time high of approximately $0.000037 in early March and had been trading within a descending channel until Tuesday, when it finally broke out of this pattern and entered what could be described as a "discovery mode."

Revolut, a prominent digital banking platform, listed BONK on April 23rd, which may have contributed to the price surge. This listing is important for BONK as it increases its exposure and accessibility to a broader user base.

From a technical standpoint, the Relative Strength Index (RSI) for BONK currently stands at 54, indicating that the asset is neither overbought nor oversold. 

Additionally, the Moving Average Convergence Divergence (MACD) line is above the MACD signal line, suggesting bullish momentum. However, based on the current trend, the MACD line could soon dip below the MACD signal line, potentially signaling a bearish reversal.

In the event of any major pullbacks or market crashes, the $0.0000132 level should act as a strong support, as it coincides with the 200-day moving average. This crucial level could provide a potential buying opportunity for traders.

Looking ahead, BONK could potentially target the $0.000035 resistance level. While there haven't been any major announcements or developments from the BONK team that could explain the recent price pump, traders may be investing in more speculative assets like meme coins due to the overall bullish sentiment in the market.

PEPE Pursues $0.00009 Resistance Level 

PEPE, the second-best performer among the top meme coins this week, has seen a 51% increase in value. The PEPE/USDT chart exhibits a similar pattern to BONK, with PEPE breaking out of a descending channel during this week's pump. Currently trading around $0.000078 at the time of writing.

The RSI for PEPE stands at 60, indicating that the asset is in a healthy uptrend without being overbought. Similar to BONK, the MACD line is above the MACD signal line, suggesting bullish momentum.

In the event of any significant pullbacks or market crashes, the $0.000028 level should act as a strong support for PEPE, as it coincides with the 200-day moving average.

Looking ahead, PEPE could potentially target the $0.00009 resistance level. Like BONK, there haven't been any major announcements from the PEPE team that could directly explain the recent price surge.

Coinbase initially announced the introduction of Pepe perpetual futures contracts on April 11th. Although the launch encountered technical setbacks, leading to a trading pause until April 23rd, this development might have contributed to the positive sentiment surrounding PEPE.

Given the current momentum and positive market conditions for memes, PEPE could potentially continue its upward trajectory and eye $0.00009 resistance level next.

Dogeverse Presale Surpasses $10 Million

Dogeverse is a new meme coin that has recently launched its presale and has already attracted crypto whales to raise well over $10 million. 

The project takes inspiration from Dogecoin and aims to create a fun community token that can be easily traded and used across different crypto networks which is something we’ve not seen so far in the meme coin sector.

Dogeverse's unique approach lies in its focus on multi-chain compatibility, setting it apart from competitors who typically focus on individual blockchains like Solana, Avalanche, and BNB Chain. 

This multi-chain compatibility allows for wider adoption and interconnection, enabling users to seamlessly transact and interact with the token across various blockchain networks.

How To Buy Dogeverse

To purchase Dogeverse ($DOGEVERSE), interested investors can follow these steps:

Visit thedogeverse.com (beware of fake sites)

Purchase Dogeverse tokens using popular cryptocurrencies like Ethereum, BNB, Polygon, and Avalanche.

Utilize Wormhole and Portal Bridge technology to claim, store, and trade $DOGEVERSE tokens on various blockchain networks.

Keep an eye on the presale progress to take advantage of price increases and secure your tokens before reaching fundraising targets.

This new meme coin has a total supply of 200 billion tokens. Out of this total supply, 30 billion tokens (15%) are allocated for the presale. Another 20 billion tokens (10%) are reserved for staking purposes, allowing holders to earn rewards by participating in the network's validation process.

A big portion of 50 billion tokens (25%) is dedicated to project funds, which will be used to support the development, maintenance, and expansion of the meme coin ecosystem. Additionally, 20 billion tokens (10%) are set aside for liquidity provisions, ensuring sufficient liquidity for smooth trading operations.

Marketing efforts play a crucial role in the success of any cryptocurrency project, and this meme coin recognizes its importance by allocating 50 billion tokens (25%) for marketing purposes.

Pro trader ClayBro recently highlighted Dogeverse alongside Shiba Inu:

Conclusion

The meme coin sector has proven its resilience and popularity, with BONK and PEPE leading the charge this week, outperforming other top meme coins. While the reasons behind their impressive gains remain mostly speculative, it's clear that traders are increasingly interested in high-risk, high-reward assets like meme coins.

At the same time, the emergence of Dogeverse and its successful presale, raising over $10 million, highlights the ongoing demand for new meme coin projects. Dogeverse's multi-chain compatibility approach might potentially set it apart from its competitors.

Visit Dogeverse

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.