The crypto asset market is going wild but there are definitely some under-the-radar diamonds that are worth a good look. These are 3 Underdog Cryptos with Unbelievable Potential to make up for your lost portfolios in 2024! š
Algorand $ALGO
The blockchain revolution is indeed green Algorand has advantages for scalability and for providing its eco-friendly blockchain to power decentralized applications across both finance and sustainability. ALGO is a sleeping giant with big partnerships in digital securities and carbon offset projects.
Why Bet on ALGO?
Prioritizing real-world adoption. Accelerated expansion into institutional finance.
Theta $THETA
š½ļø The Future of Decentralized Streaming THETA transforms traditional content delivery and consumption methods by allowing peer-to-peer streaming of video. Sitting within the entertainment industry, its expanding Web3 gaming and NFT network may be too important to overlook.
Why THETA Could Explode:
Partnerships with premier media platforms Laying the groundwork for a metaverse.
Synthetix $SNX
A Gateway to Synthetic Assets in DeFi Picture trading gold, indices or stocksāall on-chain! Synthetix empowers synthetic tokens, enabling global assets in DeFi.
Growth Catalysts:
Increasing DeFi adoption. Liquidity incentives based on rewards.
š Whatās Your Take?
So are you bullish on these under-the-radar tokens? Which will prevail in 2025, do you think? Share your thoughts! š
Disclaimer: Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions
Internet Computer (ICP) Technical Analysis & Prediction
Current Price: $12.05
Internet Computer (ICP) is down just slightly priced at $12.09 After some bullish momentum, this is an interesting one to watch.
Technical Analysis
Support: First there is $11.50, which should act as support, and could soften the decline.
Resistance Level: $13.50 is a major roadblock. āSuch breakout can send ICP to $14+ range.
Market Indicators:
RSI: At neutral, with scope to move up. MACD: Bullish momentum points to a potential rebound. EMAs: Long-term bullish sentiment in the 50-day and 200-day EMAs.
Fundamental Insights
He has also been known as an advocate for the internet computer project (ICP) which enables decentralized computer software services such as instant transactions and gasless services including Web3. As such, it continues to be a leading candidate for AI and Big Data integration, boosting its long-term possibilities. Prominent dApps such as Sonic and ICPSwap are snoozing the ecosystem.
Market Sentiment and Forecast
The forecast average ICP price for December $16.20, the maximum value $17.94. Further, the bullish trend could hit $22-$25 by mid-2025. However, recent price action nearby $12.09 indicated a potential accumulation zone.
Investor Takeaway
ICP has long-term investment potential with an innovative technology and growing ecosystem. Short-term traders should be on the lookout for new trade setups near the $11.50 support and $13.50 resistance levels, with the recent dip potentially presenting a new opportunity for entry.
Whatās your view on ICP? Bullish or Bearish? Letās discuss it! š¬ $ICP
Disclaimer:
The information provided in this post is for informational purposes only and does not constitute financial or investment advice.
Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions
Binance Founder Changpeng āCZā Zhao Released from Prison Ahead of Schedule
Changpeng "CZ" Zhao, the founder of Binance, has officially been released from prison, according to recent information from the U.S. Bureau of Prisons (BOP). Zhao's release came two days earlier than expected, as his original release date was set for Sunday, September 29. His early release is in accordance with a policy allowing prisoners to be released ahead of schedule when their release date falls on a weekend or holiday.
Back in April, Zhao was sentenced to four months in prison after pleading guilty to violating the Bank Secrecy Act (BSA). The charges stemmed from Binanceās failure to implement an adequate know-your-customer (KYC) program. As part of the plea deal, Zhao agreed to pay a $50 million fine and stepped down as CEO of the cryptocurrency exchange. Binance itself was hit with an additional $4.3 million fine, settling related regulatory issues with various U.S. agencies.
Prison sentences for BSA violations are uncommon, as seen with former BitMEX CEO Arthur Hayes, who received probation for similar charges in 2022. Although prosecutors sought a three-year sentence for Zhao, U.S. District Judge Richard Jones was persuaded by Zhao's strong personal record and 161 letters of support, resulting in a more lenient four-month sentence.
During his time in custody, Zhao spent three months in Lompoc II, a low-security facility located on California's Central Coast. In August, he was transferred to a correctional center in San Pedro, California, before his eventual release.
With an estimated fortune of $25.3 billion, according to the Bloomberg Billionaires Index, Zhao is believed to be the wealthiest individual to have served prison time in the U.S. Despite his release, Zhaoās team has declined to comment on the matter.
This marks a pivotal moment in Zhaoās journey as the crypto industry watches closely for his next moves after stepping down from his role at Binance. $BTC $BNB $SOL
How Much Can You Expect if You Invest $500 in Bitcoin?
Investing $500 in Bitcoin today can result in a variety of outcomes, depending on factors like market conditions, Bitcoin's volatility, and your investment timeline. Bitcoin is famous for its price fluctuations, so potential returns can vary drastically over time. 1. Current Bitcoin Price and Market Trends As of September 27, 2024, Bitcoin is trading at approximately $65,000 per coin. With $500, you would purchase about 0.0077 BTC. However, Bitcoin's price is highly volatile, influenced by facto
Wollo is the native token for the Pigzbe platform, designed to teach children about digital finance through a game-like interface on the Stellar blockchain. However, its investment
appeal has declined for several reasons:
1. Limited Market Presence: Wollo's trading activity is minimal, with a price of approximately $0.00004811 and negligible trading volumes, indicating poor liquidity.
2. Unclear Project Status: There has been a lack of updates from Pigzbe, raising concerns about ongoing development.
3. Circulating and Total Supply: With a circulating supply of 43 million out of a total of 675 million, the potential for value dilution exists.
4. Lack of Use Cases: The platform has not achieved widespread adoption, limiting the token's long-term value.
Disclaimer: Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions
Itās officialā $HMSTR is live on Binance and major exchanges. But not everyone seems thrilled. With 3 billion tokens distributed and a massive liquidity lock, some users are concerned about oversupply and its potential impact on prices. šš
Whatās your take on the launch? Feeling disappointed or hopeful for a comeback? Letās discuss! š¬
Attention Crypto Adventurers! š Binance has unveiled Moonbix, an exhilarating new mini-game on Telegram. Immerse yourself in this captivating space-themed quest where you gather unique items, accumulate points, and earn exclusive crypto rewardsāall while exploring distant galaxies. Hereās why you should jump in:
š® How to Get Started:
1. Connect with the Moonbix Telegram Bot: Begin your adventure by joining the official Moonbix bot.
2. Claim Your Daily Rewards: Remember to collect your rewards each day by completing tasks and engaging in games.
3. Accumulate Points: Earn points by taking part in various game rounds. Pro tip: tackle more tasks for extra attempts and a higher chance to dominate the leaderboard!
4. Link Your Binance Account: Enhance your rewards by connecting your Binance account for added benefits and a smooth experience.
š Ascend the Hall of Fame: Showcase your points on the Moonbix leaderboard. Stay in the game by completing additional tasks for bonus points and more opportunities to play!
š Exciting Crypto Rewards Await: Binance Moonbix provides thrilling crypto rewards for active participants. Keep an eye on the official Telegram channel for updates on new campaigns and rewards.
Why Join Moonbix?
Backed by Binance: With Binanceās strong reputation for secure and reliable platforms, Moonbix is poised to become a favorite among crypto fans.
Simple to Play, Fun to Win: Moonbix ensures daily engagement with minimal effort and abundant rewardsāideal for both casual gamers and dedicated crypto enthusiasts.
DODO Empowering the Future of Meme Coins & DeFi: A Game-Changer in Token Issuance
DODO is revolutionizing the Meme coin and DeFi landscape with its multi-chain one-click token issuance feature. This innovative tool simplifies cross-chain token creation, eliminating technical complexities for creators. Beyond just minting, DODO enhances access and participation in the digital economy.
Key Features That Set DODO Apart:
1. One-Click Token Issuance: Creators can easily mint tokens across multiple blockchains, simplifying the launch of Meme coins and attracting a diverse range of creators to the DODO ecosystem.
2. Self-Initiated Mining: This feature democratizes liquidity, allowing users to mine tokens on their terms. Itās especially beneficial for BTCFi assets and Meme coins, empowering communities with decentralized control over liquidity.
3. Pegged Pool: DODO's Pegged Pool provides stability by ensuring liquidity with minimized risks, making it ideal for volatile Meme tokens and DeFi projectsābalancing innovation with security.
šÆ Will DODO Lead the Meme Coin Revolution?
With the Meme sector on the rise, DODO's upcoming Meme platform is set to capture significant attention by enabling cross-chain token issuance. Developers, investors, and creators will likely be drawn to DODO for its fast and low-cost token creation, unlocking new opportunities for experimentation and success.
š„ Bridging Meme Coins with BTCFi Assets:
DODO is not just riding the Meme wave; itās driving BTCFi development. Through self-initiated mining, users can boost liquidity for emerging tokens, fostering growth for Meme coins and more. DODOās decentralized model empowers creators and users, removing reliance on centralized market makers.
š DODOās Market Cap and Growth Potential:
DODOās current market cap marks it as a hidden gem with significant growth potential. DODO is set to thrive in this rapidly evolving market, supported by leading institutions that offer innovative tools for both DeFi and the Meme coin craze.
Vice President Kamala Harris Backs the Future of Crypto and AI in New York City Speech
In a notable moment for the future of digital finance and technology, Vice President Kamala Harris took the stage in New York City, pledging her support for emerging innovations like artificial intelligence (AI) and digital assets, including cryptocurrencies. Speaking to an engaged audience on Sunday, Harris emphasized the importance of balancing technological advancement with consumer protection, marking her first public acknowledgment of cryptocurrencies in her role as the Democratic president
Lately, it feels like no matter how much effort I put into creating content, the views and reach just aren't there. Itās discouraging not being selected as a campaign winner, especially after pouring time and energy into something you're passionate about. Binance Square has been a great platform, but these past few campaigns havenāt been kind to me. I was wondering if anyone else feels the same. What could I be missing? š
Hamster Kombat has wrapped up its first season. Will cheaters be excluded from receiving the airdrop?
Hamster Kombat Season 1 Wrap-Up and Airdrop Details:
Hamster Kombat has wrapped up its first season and entered an intermediate season, as announced by the developers on Telegram, outlining the next steps for players.
The intermediate season bridges the gap before Season 2, offering players a few weeks of special activities. During this phase, they can collect "Diamonds," a valuable resource that provides strategic advantages for the next season.
Airdrop Snapshot and Distribution:
On September 20, 2024, at 21:00 (Kiev / MSK), the developers successfully captured a snapshot of user accounts in preparation for an airdrop distribution, scheduled for September 26, 2024. The airdrop will reward loyal players from the first season, although the exact criteria for qualification remain somewhat ambiguous.
Cheaters Facing Consequences:
Players who earned the āCheating is badā achievement are concerned they may be excluded from the airdrop, though the developers haven't confirmed this. A message on the Hamster Kombat site reads: āYou cheated this season. Next season, play fair and get airdrop,ā suggesting cheaters from Season 1 may lose their eligibility.
Season 1 Results Incoming:
For the rest of the community, the official results of the first season are currently being "tallied", and announcements are expected soon. Players who played fairly can look forward to receiving their "airdrop rewards" based on their in-game activities and contributions during the season.
HMSTR Token Listings:
The HMSTR meme token has gained significant traction, with major exchanges like Binance, OKX, and Bybit announcing plans to list it, boosting its credibility and growth potential.
Corporate Challenges and Future Outlook:
Despite internal challenges, the Hamster Kombat team remains committed to delivering new content and improving gameplay. As Season 2 approaches, the community looks forward to new developments and rewards for loyal players.
Sui Network's TVL Reaches Record High, SUI Price Surges by 30%
The Total Value Locked (TVL) on the Sui Network hit an all-time high of $810.5 million on September 19, as reported by DefiLlama. Over the past seven days, the SUI token has experienced a notable 30% price increase, based on CoinGecko data. Despite previous fluctuations during market corrections, the TVL has surged approximately 283% from $211 million at the start of the year.
TVL, which reflects the funds allocated to DeFi protocols for services like lending and derivatives, highlights growing interest in Suiās ecosystem. The top three DeFi protocols on Sui's blockchain saw impressive growth this week. NAVI, a lending protocol, increased its TVL by 16.5% to reach $310 million. Scallop Lend grew by 19.5%, reaching $140.5 million, and Suilend saw a 14.5% increase, accumulating over $134 million in TVL.
In addition to this TVL milestone, the SUI token has outperformed other prominent cryptocurrencies in recent days, including memecoins like PEPE and Aptos (APT). SUI's price jumped from $0.60 to $1.04 following the introduction of Grayscale Sui Trust. This positive trend gained further momentum after Circle announced plans to integrate USDC onto the Sui Network, pushing SUI to a new peak of $1.18. Currently, SUI is trading at $1.30, marking a 13% gain in the past 24 hours.
Disclaimer: Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions
Toncoin (TON) Eyes $7 Mark: Will It Break Key Resistance?
Toncoin (TON), the popular cryptocurrency tied to Telegram, is steadily aiming for the critical price level of $6, but reduced network activity could hinder its upward momentum. As investors assess the situation, letās dive into the current trends to understand whether TON can reach the $7 milestone.
Toncoin Gains, But Investors Remain Cautious
Currently trading at $5.77 with a 4% daily increase, Toncoin is nearing the key resistance of $5.96, where 61 million TON, worth $351 million, were acquired. This resistance should be manageable to overcome.
On the downside, Toncoin has strong support between $5.48 and $5.65, where 628 million TON, valued at $3.6 billion, were bought. This support range provides a cushion against potential declines.
Declining Network Activity May Hinder Growth
Despite its price rally, Toncoinās network activity has seen a significant drop. Over the past 11 days, the number of active addresses has fallen by 31%, from 3.5 million to 2.4 million. This decline signals that investors may be wary of increased volatility, which could dampen the tokenās upward momentum. Lower participation could slow down the rally, even though the token is positioned well to push higher.
Can TON Reach $7?
Toncoin's path to $7 depends on breaking the $5.96 resistance. If successful, the next hurdle lies at $6.36, a critical point for continued growth. Converting $6.36 into a support level is key to hitting the $7 target.
However, if investors start taking profits, TON may struggle to clear $5.96, risking a stalled rally and relying on the $5.49 support zone to avoid further declines.
Conclusion
While Toncoin shows growth potential, weak network activity and profit-taking could slow its progress. Breaking key resistance levels will be crucial for its rise to $7.
Disclaimer: Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions
Worldcoin is testing facial recognition for its World App, using 1:1 face comparison to enhance security for verified users during online purchases and transactions.
With 15 million users, including 6.7 million verified through orb-based biometric scans, Worldcoin aims to create a global digital identity network using biometric data like iris scans for secure, verifiable identification across applications.
The Role of Biometrics in Worldcoinās Ecosystem
Worldcoinās use of biometric data, including iris scanning and facial recognition, is key to its goal of creating a universal financial network. This technology ensures unique user identification and a tamper-proof system for accessing financial services, decentralized apps, and global identification.
However, the use of biometric verification has raised global privacy concerns. Regulators are questioning how this sensitive data is stored, processed, and secured, with worries about potential privacy rights violations.
Regulatory Scrutiny and Privacy Concerns
The collection of biometric data for identity verification has triggered alarm from regulators in various regions. Countries like France, the UK, Hong Kong, Colombia, Argentina, and others have launched investigations into whether Worldcoinās practices may breach citizens' privacy. Concerns primarily revolve around the safeguarding of highly sensitive biometric data, particularly its storage, potential misuse, and the transparency surrounding how the data is managed.
Worldcoin faces increased regulatory scrutiny over its biometric data practices, particularly regarding compliance with privacy laws like GDPR. Critics worry the technology may pose privacy risks despite its innovation.
Worldcoinās Future
As it grows, Worldcoin must balance innovation with privacy protection. With 15 million users, its success depends on meeting global privacy standards while advancing its secure digital identity network. $WLD
DODO's "one-click multi-chain token issuance" streamlines launching Meme coins across multiple blockchains. This efficient tool allows creators to quickly issue tokens, fostering innovation and attracting more traffic to the DODO ecosystem.
DODO's Product Features & Unique Use Cases
1. One-Click Token Issuance: This tool allows non-developers to easily mint tokens, enabling creators to launch Meme coins and other digital assets across multiple chains.
2. Self-Initiated Mining: This feature allows users to mine tokens without centralized control, democratizing access to liquidity. This plays a huge role in supporting BTCFi assets as well as Meme coins, enabling wider market participation.
3. Pegged Pool: A unique liquidity pool that ensures stability and minimizes risks associated with volatile assets, ideal for both Meme tokens and DeFi projects.
Will DODOās Upcoming Meme Platform Lead to a Surge in Traffic?
DODO's upcoming Meme platform, featuring cross-chain token issuance, offers creators greater flexibility and access to multiple blockchains. This streamlined process could boost user traffic by enabling easy, low-cost token creation. Attracting Meme coin projects may build a diverse ecosystem, positioning DODO as a key player in the rapidly growing Meme sector.
Supporting BTCFi Assets & Meme Coins
DODO also impacts BTCFi asset development through its 'self-initiated mining' feature, allowing users to create and maintain liquidity for new tokens without relying on centralized exchanges. This decentralized approach empowers communities, fostering innovation and independence in token markets.
Market Cap and Growth Potential
DODOās "lower market cap" and strong institutional backing provide it with significant growth potential. As the Meme sector expands, DODO is well-positioned to capture a large share of this market. Its credibility, combined with innovative tools like cross-chain token issuance, ensures it stands out among competitors.$DODO @DODO
Ripple (XRP) Price Falls Below $0.60: Is the Bullish Run Over?
Ripple (XRP) has seen a sharp decline, currently trading at $0.57 after losing about 2% in the last 24 hours. This downturn comes as the token falls below key technical levels, including the 20-day EMA, which signals a weakening uptrend.
A recent drop in network activity also adds to the bearish sentiment. Active addresses have decreased by 18%, and new addresses by 8%. XRP is also now below the green line of the Ishimoku cloud, increasing the risk of a further decline.
If XRP slips below the red line of the Ishimoku cloud, we could see increased selling pressure, potentially pushing the price down to $0.38, the low from August 5. However, a resurgence in demand could help the token reclaim the $0.60 resistance and move up to $0.74 if it breaks out of its current trend.
Ripple's path forward depends heavily on market demand and overcoming these critical resistance levels. A failure to do so may lead to further downside, while renewed interest could spark a bullish revival. $XRP Disclaimer: Research carefully before investing. Only use funds you can afford to risk, and take full responsibility for your investment decisions.
Get ready for an exciting chance to win 5 BNB just by pressing a button! Once 10,000 players are in, the fun begins, and the prize could be yours! š Don't miss this epic opportunityājoin the game now and feel the adrenaline! šŖš„
Are you ready to hit that button and claim the BNB prize? Letās GO! š„š
"BNB Button Game" on Binance, where participants can win 5 BNB by pressing a button. The game starts once 10,000 players have joined. You can register and participate, with a clear interface that tracks player numbers and game status. You can find more details by visiting the BNB Button Game
Shiba Inu (SHIB) Faces Critical Resistance: Could a Drop to $0.000010 Be Imminent?
Shiba Inu (SHIB) is currently encountering significant resistance, and the popular memecoin may be headed for a downturn if it fails to break through key levels. Let's dive into the current state of SHIB and the important price zones that traders should monitor closely.
Challenges Mount for Shiba Inu
According to on-chain data from Glassnode, SHIB's Network Value to Transaction (NVT) ratio surged on September 14 and remains elevated. The NVT ratio measures the relationship between market capitalization and transaction volume. When this ratio is high, it suggests that the asset is potentially overvalued, hinting at a possible price decline. Conversely, a lower ratio would indicate undervaluation, signaling a chance for price recovery.
Adding to the bearish outlook is the In/Out of Money Around Price (IOMAP) indicator. It highlights key areas where a significant portion of SHIB holders have accumulated the token. Insights from IntoTheBlock reveal that SHIB is facing stiff resistance around $0.000014, where nearly 45 trillion tokens are held by over 10,700 addresses. This cluster of resistance is notably stronger than the support found between $0.000011 and $0.000013, raising concerns that supply may outstrip demand in the near term, potentially pushing SHIB's price lower.
Shiba Inu's Price Outlook: Breakout or Breakdown?
Shiba Inu (SHIB) is currently trading at $0.000013, down over 4% in the past 24 hours, with the next resistance at $0.000014. Since June, SHIB has been moving within a descending triangle pattern, typically signaling seller dominance and potential for further decline.
If SHIB falls below the triangleās support, it could face a 20% correction, bringing the price to around $0.000010. However, a breakout above the resistance may invalidate the bearish outlook, potentially driving SHIB up toward $0.000016. In short, SHIBās future depends on overcoming the $0.000014 resistance; failure could lead to further downside, while a breakout may signal recovery. $SHIB