The post 7 Upcoming New Crypto Coins to Keep an Eye On appeared first on Coinpedia Fintech News

Forget “peak crypto” – the very nature of this space is disruption. New coins emerge daily, whispering tantalizing questions: will investors flock to entirely new ecosystems, or will established networks spawn innovative sub-coins? Can we predict surges based on real-world trends in healthcare, finance, virtual reality, or beyond? 

With the potential for explosive profits, these are mysteries worth exploring. To help you navigate this frontier, we will dive deep into seven upcoming new crypto coins to keep an eye on! 

7 Upcoming New Crypto Coins

Below, we have listed our key upcoming new crypto coins that have promising profits on the horizon: 

5thScape (5SCAPE)

DarkLume (DLUME)

Dogeverse (DOGEVERSE)

Saakuru (SKR)

eTukTuk (TUK)

Minterest (MINTY)

Bitfinder (BITF)

Are you excited to add these seven upcoming crypto coins to your portfolio? Wondering if they can fetch you up to 10x returns shortly? Then, stay with us till the end of this post as we explore each crypto project in detail. 

5thScape (5SCAPE)

5thScape has been dominating headlines in the crypto blogosphere, and for good reason. Its presale success, a whopping $6.4 million raised, has sent ripples through the crypto market. However, that is just the beginning. 

>>Click Here To Visit 5thScape Presale Page 

5thScape is a VR content hub unlike any other. It offers a vast library of immersive experiences, from thrilling VR games to mind-bending VR movies and educational content. It has created a single destination for all things VR, seamlessly taking users from traditional entertainment to a new level of immersion.

The gateway to this vast library of VR experiences is the platform’s native token, 5SCAPE. Owning 5SCAPE allows you to indulge in the ever-expanding VR content library, putting the power of VR at your fingertips. And with the VR market experiencing explosive growth, the demand for the experiences offered by 5thScape is skyrocketing. This, in turn, creates a significant price rise in the 5SCAPE token with each presale round. 

So, if you have not jumped on the 5SCAPE bandwagon yet, now is the time! The platform is soon to experience significant growth and a grand debut on major crypto exchanges. Participate in its presale; this could be the last chance to get the 5SCAPE tokens at such cost-effective pricing!

DarkLume (DLUME)

DarkLume is a VR metaverse platform setting the virtual world on fire with tremendous excitement. It boasts unique luxury features, making it a must-explore for metaverse newbies and veterans.

>>Click Here To Visit DarkLume VR

One of DarkLume’s most captivating features is the ability to virtually explore any country like a true local. Fulfil your travel dreams (even virtually) by acquiring digital citizenship with DLUME, the platform’s native token. DLUME is a digital currency within DarkLume and a tradable asset on the rise. With its focus on luxurious experiences, DLUME is attracting strong investor interest from metaverse enthusiasts and VR fans.

DarkLume has everything it takes to become the leading metaverse platform, surpassing traditional social media with its immersive experiences. The DLUME token is currently in its presale stage, generating significant buzz before its official crypto exchange launch.

So, the question remains: Will you invest in this project with its booming presale? Or will you wait until it lists on the mainstream exchanges? Well, we suggest that you keep an eye out for this one in 2024!

Dogeverse (DOGEVERSE)

Forget the single-chain meme coins of yesterday; Dogeverse is here to shake things up with its multi-chain functionality. Unlike its meme-loving peers, Dogeverse operates seamlessly across popular blockchains like Ethereum, Polygon, and Binance Smart Chain. It has ambitious plans to conquer Avalanche, Solana, and Base in the near future.

The Dogeverse presale is a goldmine for early investors. With only 15% of tokens available, scarcity is bound to drive demand and potentially inflate prices once it hits exchanges. 

Saakuru (SKR)

Saakuru is a blockchain aiming to make crypto tokens frictionless. Imagine using any decentralized app without worrying about transaction fees! This is what Saakuru offers.

Built on the Ethereum blockchain technology, it uses clever tech to achieve this. It has a native token called SKR. Decentralized app developers use the SKR tokens to lower their costs within the Saakuru network, making it attractive for them to build their projects there. SKR holders also get a say in the future of Saakuru through voting. It is a new project with an interesting approach. 

eTukTuk (TUK)

eTukTuk is a green revolution on two wheels and in the virtual realm! It tackles pollution by replacing gas-guzzling tuk-tuks, which are popular rickshaws in developing countries, especially in the Southeast part of Asia. With eco-friendly electric vehicles, it is installing charging stations for a sustainable transportation network. It has already set up over 200 charging stations in the teardrop island of Sri Lanka.

eTukTuk’s eco-conscious mission extends further. Its platform lets you explore virtual worlds themed after these countries! TUK, the platform’s native token, fuels this virtual travel. 

Minterest (MINTY)

Minterest has entered the DeFi lending space focusing on higher returns for you. Unlike other platforms, Minterest captures more fees through its smart liquidation engine. These fees are then used to buy back their MINTY token, which is like points for being a loyal user. Owning MINTY gets you two things: a chance to vote on the future of Minterest and, more importantly, a share of those re-purchased MINTY tokens. This means getting higher returns compared to other lending platforms.

Minterest also looks after borrowers with its risk prediction engine, helping them avoid losing their assets. It is a win-win for lenders (potentially higher returns) and borrowers (better risk management). 

Bitfinder (BITF) 

Bitfinder wants to be your compass! It is the world’s first crypto search engine, aiming to be your all-in-one hub for exploring everything cryptocurrency. Think of it as Google, but specifically for the wild world of crypto: coins, projects, the latest trends – all waiting to be discovered. Bitfinder boasts a massive, up-to-date database to fuel your research and help you make informed decisions. 

Think of advanced search filters or in-depth data analysis tools—basically a VIP pass for crypto research! Plus, BITF is currently in its presale stage, which means you might get a chance to snag some tokens at an affordable price tag before they hit the market.

Final Thoughts: Unveiling the Future with a Focus on VR

The journey through these upcoming crypto coins paints a vivid picture of innovation across the digital frontier. Each project offers a unique and potentially disruptive approach.

However, as we peer into the future, 5thScape stands out as a project with the potential to redefine an industry. Its focus on future-proof VR technology positions it at the forefront of a field experiencing explosive growth. 

The future of entertainment is in VR, so don’t shy away from exploring the 5thScape platform. Also, keep an eye out for its token’s growth as it nears its debut on the exchanges.

The post What You Need to Know About Furrever Token Next to Solana and Shiba Inu appeared first on Coinpedia Fintech News

As the cryptocurrency market heats up this June, Solana (SOL), Shiba Inu (SHIB), and Furrever Token (FURR) are emerging as top picks for potential 2X gains. Furrever Token’s limited-time 25% bonus adds to its allure. This article delves into why these cryptocurrencies are worth considering.

Seems Solana price Reach $1,000 

Solana’s price has appeared a bullish recuperation post-FTX collapse, with a 44.5% rally. On-chain measurements uncover a 57.41% rise in dynamic addresses, driven by Memecoin Lunacy and a surge in token creation. In spite of later sideways exchanging in the midst of a broader showcase combination, the day-by-day chart appears solid support at $160 and a rising trendline that’s keeping up the uptrend.

A symmetrical triangle design demonstrates a potential breakout, which might conclude the union drift and thrust SOL prices higher. With the broader cryptocurrency showcase cap anticipated to reach $5 trillion, Solana is well-positioned to attain critical picks up, possibly drawing closer to the $1,000 point of reference. 

As of now exchanging at $172.5 with an advertised cap of $79.3 billion, SOL’s bullish slant is supported by solid on-chain movement and client engagement, signalling a promising viewpoint for future development. 

8 Trillion Shiba Inu (SHIB) in 24 Hours: What’s Happening?

Shiba Inu whales have been altogether expanding their movement, coming about in a surge in whale-tier exchanges. Within the final 24 hours alone, the volume of executed SHIB has surpassed $8 trillion, checking a about 7% increment and making the arrange distance more dynamic than it was in the final week.

Huge exchanges worth more than $100,000 have seen a sensational increment, with 140 such exchanges recorded within the past day. This action recommends that whales could be stockpiling SHIB in expectation of future price changes, pointing to secure significant property whereas prices are seen as favorable.

The expanded volume of large buys may flag developing regulation intrigues as financial specialists start to recognize the potential of Shiba Inu. Also, increased movement may well be connected to up-and-coming Shiba Inu-related improvements, such as unused activities, collaborations, and mechanical progressions inside the SHIB environment, counting Shibarium.

Lifted intrigued is frequently shown by a rise in huge exchanges and exchanging volume, which can lead to noteworthy price vacillations. Specialized investigation shows Shiba Inu uniting around its major back levels. Whereas SHIB shows up to be holding relentlessly concurring to the 50-day and 100-day moving midpoints, the surge in exchange volume might thrust the token to test modern resistance levels.

The current flow reflects a key collection by whales, possibly setting the arrangement for future developments and advancements inside the Shiba Inu ecosystem. As the showcase continues to advance, all eyes will be on SHIB to see how these changes affect its direction.

Don’t Miss Furrever Token: The Purr-fect Opportunity with a 25% Bonus!

While Ethereum and Solana are leading the way in technological advancements and institutional adoption, Furrever Token (FURR) offers a unique and charming investment opportunity. Furrever Token is designed to bring a fun and engaging experience to the crypto market with its cat-themed ecosystem. The token integrates cute cat-themed stickers, emojis, and visuals, creating a delightful user experience.

Limited-Time Offer: 25% Bonus on New Purchases

Including the energy, Furrever Token offers an extraordinary limited-time advancement. By utilizing the bonus code FURR25, investors can get a 25% reward on new purchases from May 31 to June 10, 2024. This promotion not as it were increases your property but moreover energizes early appropriation and community growth, making it a fortunate moment to contribute in Furrever Token.

Built on a Secure Blockchain

The Furrever Token environment is built on the BNB-20 blockchain, with a total supply of 9 billion tokens. 65% of these tokens are accessible during the presale, 25% allocated for DEXs, and 10% reserved for the team, locked for a year to guarantee long-term commitment. This structure, combined with normal community challenges and future select substance, cultivates a dynamic and locks in the environment for investors.

Strong Financial Backing and Presale Success

Early investors in the presale, where the token is priced at $0.000732, stand to benefit the most. There is a potential for a 1500% surge in value post-launch, making it an attractive investment opportunity.

Proven Legitimacy and Community Trust

With nearly 4,000 active members in its Telegram channel, Furrever Token has already demonstrated robust community support and engagement.

Don’t lose your opportunity to include Furrever Token in your venture portfolio and be prepared for the setup to rule the meme coin sector. Visit furrevertoken.com to secure your tokens and be a portion of this energizing meander. 

Join Furrever Token Presale Now:

Furrever Token Official Website

Visit Furrever Token Presale

Join Official Telegram Group

Follow Official X Account

The post 1.356 Trillion Shiba Inu (SHIB) Tokens Snatched Up, Ripple Whales Push XRP Toward Rally  appeared first on Coinpedia Fintech News

In a thrilling wave of cryptocurrency transactions, a staggering 1.356 trillion Shiba Inu (SHIB) tokens have been purchased, sending shockwaves through the crypto community. Simultaneously, Ripple (XRP) is experiencing a rally driven by whale activity, highlighting the ongoing interest in established cryptocurrencies. 

However, while these developments capture headlines, it is the ETFSwap (ETFS) presale that is generating the most significant buzz in the crypto ecosystem. ETFSwap’s high yield potential and innovative utilities are making it the focal point of investor excitement.

ETFSwap (ETFS) Groundbreaking Utilities Fueling Bigger Investment Rush 

ETFSwap (ETFS) is dominating the current crypto ecosystem excitement due to its groundbreaking infrastructure and the promise of substantial returns. Unlike other altcoins, it is not merely riding on speculative hype; it is backed by tangible, revolutionary utilities that are reshaping decentralized finance (DeFi). Its ongoing presale stage 2 is attracting massive attention and investment, positioning it as a leading contender in the altcoin market.

ETFSwap (ETFS) is setting new standards in the crypto space with its innovative DeFi solutions. As a tokenization platform for trading various tokenized real-world assets (RWA) exchange-traded funds (ETFs), the platform aims to bridge the gap between traditional finance (DeFi) asset management and decentralized finance (DeFi), making both worlds accessible to investors in one marketplace. 

ETFSwap (ETFS) is securely built on the Ethereum blockchain network, offering a 24/7 trading experience with low fees and no centralized intermediaries. Its suite of features includes seamless token swapping, yield farming, staking, and liquidity provision, all integrated into a user-friendly platform. These utilities are not only drawing in retail investors but also capturing the interest of crypto whales, who see the potential for substantial returns.

Other ETFSwap (ETFS) features that make ETFS very attractive to investors include its advanced Blockchain technology that provides a regulated and transparent environment for trading ETFs with leverages up to 10x, and supports fractional ownership; absence of KYC requirement, which supports users’ privacy and mitigate interferences from bank bodies and their intermediaries; a democratic community governance model that gives users voting rights and powers to have a say in the way the platform evolves and governed, and many more.

The presale stage 2 of ETFSwap (ETFS) is creating a buzz due to the platform’s promise of high yields and robust infrastructure. Investors are flocking to ETFSwap (ETFS), recognizing it as a superior altcoin that offers more than just speculative value. Its comprehensive DeFi solutions are attracting both seasoned investors and newcomers, making it the most talked-about investment opportunity in the current crypto market.

Shiba Inu Impressively Achieves 1.356 Trillion Tokens Sales and Ripple (XRP) Rally Driven by Whales

Shiba Inu (SHIB) continues to demonstrate its strong presence in the market, with 1.356 trillion tokens recently snatched up by eager investors. Known for its vibrant community and meme-inspired appeal, Shiba Inu (SHIB) has carved out a niche in the crypto world. Shiba Inu’s accessibility and popularity make it a favoured choice among retail investors looking for a low-cost entry into the crypto market.

Meanwhile, Ripple (XRP) is witnessing a surge in activity, driven largely by whale investors. Ripple (XRP) is focus on enabling fast and low-cost cross-border payments has been its major selling point, attracting institutional interest and bolstering its market position. The current rally indicates growing confidence in the Ripple (XRP) potential, especially amid ongoing developments in the regulatory landscape.

However, amid these impressive performances, ETFSwap (ETFS) stands out as a superior investment opportunity. Its advanced DeFi capabilities and comprehensive suite of features provide a more diversified and lucrative investment option than Shiba Inu (SHIB) and Ripple (XRP). 

Conclusion

While Shiba Inu (SHIB) and Ripple (XRP) continue to achieve remarkable growth and maintain strong market positions, ETFSwap (ETFS) is capturing the most attention and investment interest. ETFSwap’s (ETFS) high yield potential and groundbreaking utilities make it a standout altcoin, offering superior returns and innovative solutions in the DeFi space. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The post Top Crypto Picks: Rollblock (RBLK) Predicted To Outshine Binance Coin (BNB) and Filecoin (FIL) in 2024 appeared first on Coinpedia Fintech News

The crypto market is entering another bull run in June. Hundreds of projects are in the green, with Binance Coin (BNB) recently hitting an all-time high. But how does BNB compare to Filecoin and Rollblock? After a strong performance in Q1 Filecoin is now facing bearish resistance. Meanwhile, Rollblock is soaring during its presale and is now closing in on its $1 million raised milestone. 

Binance Coin (BNB) Hits A New All-Time High 

Binance Coin (BNB) recently hit a new all-time high of $712.59. This took its market value to $100 billion and triggered an influx of trading volume. At its peak, Binance Coin’s (BNB) trading volume increased above $4 billion, though it has since fallen to $2.7 billion. 

The recent surge in Binance Coin (BNB) has been linked to Notcoin, as well as the imprisonment of former Binance CEO Changpeng Zhao. Action from the SEC against Zhao initially caused Binance Coin (BNB) to decrease in value, however strong community support has allowed Binance Coin (BNB) to rebuild its momentum. 

Currently, Binance Coin (BNB) is now trading at $707.75, and has increased in value by 1.2% over the last 24 hours. 

Filecoin Consolidates At $6

Filecoin (FIL) was one of the best-performing cryptocurrencies in Q1. Its value soared above $11.40, though Filecoin has since faced steep corrections. Over the past month, Filecoin has faced resistance at $6, falling to $5.3 mid May.

According to experts, Filecoin could still increase to $8.56 by the end of Q4. However, given that Filecoin competitors could offer higher returns, many investors are choosing to invest elsewhere. As a result, Filecoin could face additional bearish pressure, causing its price to decline to $5.50 in June. 

Rollblock Outshines BNB and Filecoin  

Rollblock is dominating the crypto presale market with its fantastic performance. The first 2 rounds of its presale sold out in less than a month, and Rollblock’s utility token, $RBLK, has increased in value by 40%. 

Now in round 3, Rollblock is selling out faster than ever. Hundreds of investors are buying $RBLK every day, and experts believe that Rollblock’s price could rally a massive 720% before its presale is over. 

Rollblock is one of the world’s first blockchain casinos to offer a revenue share model. Its casino is home to over 150 games, compatible with over 20 popular cryptocurrencies. Games include table classic, digital games and the platform will soon add sports betting to its portfolio. 

To take part in Rollblock’s revenue share investors just need to hold $RBLK tokens. Holders will be granted up to 30% of the platform’s daily revenue, which will be paid out in two ways. Rollblock will use the revenue to purchase $RBLK tokens from the open market. It allocates half of these tokens to staking rewards and will burn the remaining 50% to create $RBLK scarcity. As well as Rollblock becoming a highly deflationary asset with the overall and circulating supply continuously being reduced, Rollblock will also be offering investors some of the best passive income opportunities in the crypto space. Something that is gaining a lot of interest from big crypto investors. 

Rollblock tokens are currently selling for $0.014 during stage three of the project’s presale. Over 10% of the round has sold out in days, suggesting that stage 3 could be Rollblock’s fastest selling to date with the price increasing as it moves into stage 4. 

What’s Next For Rollblock?

As its presale continues to gain momentum, experts believe that $RBLK price increases will become commonplace. With predicted returns of 720% before its presale ends, early adopters have a fantastic opportunity to boost their portfolio and capitalize on a project with huge potential. 

To learn more, visit the website and their socials. 

The post Raboo’s Stellar Surge: Up 60%! From DOGE Triumph to BOME Boom—What’s Next? appeared first on Coinpedia Fintech News

Raboo! That name has been ruffling feathers with its first-in-class AI-backed and ingenious twist on meme culture. The new player has maintained an enviably sturdy surge, rising to 60% in its ongoing presale. Raboo’s enigmatic gains echo the triumph of top meme coins like Dogecoin and the explosive growth of the BOME coin price.

Its presale has skyrocketed past a $1.6M raise, and industry experts have tipped it as the next 100x opportunity. This impressive momentum has prompted the question: what’s next for the meme market? Let’s find out.

Dogecoin Triumph: Analysing The Factors Behind DOGE’s Imminent Breakout

Despite its speculative and fickle nature, Dogecoin (DOGE) is a top meme coin that has gained recognition as a pioneering entity with its iconic Shiba Inu mascot. Even though it started as a satirical representation of crypto’s success, Dogecoin (DOGE) has shown resilience and volatility. Since the beginning of the year, Dogecoin has outperformed fundamental analysts’ expectations.

While its speculative nature has greatly affected its technical outlook, recent developments, including institutional adoption, especially by Tesla boss Elon Musk, paint a positive outlook for this meme OG. Analysts have pointed out historically bullish price patterns, and the recent whale accumulation highlights an imminent upswing. Currently, DOGE is trading around $0.16 with an impressive $23B market cap that puts it as the 8th most valuable cryptocurrency.

BOME Coin Price’s Meteoric Rise To The Top

2024 has been a phenomenal year for the internet’s meme culture. The launch of Book of Meme (BOME) was a notable milestone, representing the mission to revolutionize meme culture. Despite the insider trading allegations that nearly stifled its growth, BOME coin price maintained its stance with a meteoric rise above a billion-dollar market cap.

BOME’s value proposition is undoubtedly alluring. It stands as the change for an optimized Web3 experience that entails building a vibrant, creative, and social ecosystem for everyone. BOME’s dual functionality as a governance and staking token has also helped drive demand to unprecedented heights. Today, BOME has cemented its place among the top meme coins by market cap with an impressive $896M market cap.

Raboo ($RABT) Join Top Meme Coins Rank. Surge By 60% Ahead of Anticipated Launch

For over a week, mainstream media has been gushing over Raboo ($RABT)’s revolutionizing effect, and it’s understandable. Its presale has advanced unprecedentedly, surging by over 60% to $0.0048 in Stage 4. Raboo ($RABT)’s first moving advantage as the first AI-powered Social-Fi meme-backed project has captivated thousands of investors. 

An intriguing part is its pioneering AI Rabooscan tool. Raboo users can monetize their creativity, generate amazing memes, and earn passively. Furthermore, its integration of blockchain technology’s transparency and completion of a security audit underscores a stern commitment to viability and user security.

This explains why experts think it will topple established giants and become one of the top meme coins by market cap. Its cutting-edge AI wizardry comfortably places it at the brimming centre of the generative AI and meme market’s $62 billion global market valuation. Furthermore, Raboo ($RABT) has exemplified the importance of innovative thinking that blends lightheartedness, financial gain, and inclusivity.

Conclusion

Over the years, blockchain’s meme culture has been plagued with clout-laden and low-utility meme coins. While Dogecoin (DOGE) and BOME coin prices have held their heads high, Raboo has given experts and investors hindsight to a meme culture that welcomes innovation. Its presale is still on, and it provides ample opportunity for everyone to be part of the next biggest meme trend.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

The post Top Meme Coins Dominating the Market, Bullish Solana-Based Memecoin Is Investor’s Top Pick appeared first on Coinpedia Fintech News

The current market top picks for best altcoins to buy are becoming easier to find in the meme coin market. Now that Solana and Ethereum are standing out for their scalable solutions, savvy investors know the meme coins that are making significant progress on these blockchains.  Given the consistent performance of Solana meme coins over time, this article delves into three Solana-based meme coins dominating the meme coin market. Notably, Dogwifhat (WIF), Bonk (BONK) and the new appalling presale token, Angry Pepe Flork (APORK), are flaring up the investors’ market.

Angry Pepe Fork (APORK) Is Signaling To Be The Next 100X Solana Meme Coins

Angry Pepe Fork (APORK) is a Solana-based meme cryptocurrency brimming with community support and an overwhelming MemeFi incentive poised to revolutionize the entire meme coin market. This new meme coin has only just started its presale but it plans to excel beyond expectations with its vigorous fervor on eradicating all zombie meme coins.

Moreover, Angry Pepe Fork is not just coming out without any utility added to its ecosystem. The platform brings an innovative “Conquer to Earn” earning model, allowing its users to earn collectively by working together to conquer zombie (stale) meme cryptos and maximize their rewards. Recent analyst predictions are reading that $APORK could grow 200% by the end of the presale and an impressive 350% once it lists on major exchanges.

According to its roadmap, Angry Pepe Fork’s smart contract has been audited by SOLIDProof to ensure security and trust, so users have nothing to worry about concerning privacy. The price of the native APORK token is currently sitting at a modest $0.014; however, it should price up significantly throughout its ICO journey and possibly rank among the best meme coins to watch for meteoric gains.

Furthermore, Angry Pepe Fork’s staking system is also an intriguing aspect of the MemeFi crypto. Members can choose to lock in their $APORK for periods of 30, 60, or 90 days and further amplify their APY for higher rewards. In addition to this, Angry Pepe Fork is set on expansion as it prepares for several beneficial partnerships. These partnerships are bound to expand the coin’s functionality and appeal, solidifying its position in the meme coin market. 

Bonk Token Maintains Comfortable Consolidation Phase Near ATH

Since the start of the year, Bonk (BONK) has continued to showcase bullish trends as the top meme coin rose by over 3000%. Its trading volume at the start of the year was around $90M, however, it has increased to a whopping $576M currently, further highlighting its dominating growth in the meme coin space. 

While the Bonk token is currently undergoing a consolidation phase, the token has successfully seen three all-time highs just this year, maintaining a strong positive sentiment for the Bonk token. In a nutshell, Bonk is holding strong among the top meme coins to consider for magnificent gains in the future.

Dogwifhat Token Is Still Pulling Off A Strong Positive Momentum As It Refuses To Dunk

Dogwifhat (WIF) token is arguably one of the best Solana-based meme cryptocurrencies this year. With up to an 1800% price surge in just three months, the native WIF token has pulled a massive amount of development and traction. It also overtook the Pepe coin briefly when the latter saw an all-time high of $4.83 on March 31st.

Now, the Dogwifhat token is expressing consolidating momentum but there is potential for it to rise immediately again following the high volatility of the meme coin market. Dogwifhat is ultimately set to rank among the best cryptocurrencies to bank with if you want to witness Solana’s meme coin wave?

$APORK, $BONK or $WIF : Which Can See More Gains This Q3?

Angry Pepe Fork boasts strong potential for a meteoric price surge ahead of Q3, considering its status as a presale meme coin. Being a presale meme coin gives $APORK an advantage of surely seeing monumental gains that will most likely surpass Dogwifhat and Bonk.

Visit Angry Pepe Fork Presale

The post Shiba Inu Whale Cashes Out Stake in DOGE, Picks Algotech (ALGT) and BONK as Next Investments appeared first on Coinpedia Fintech News

A major Shiba Inu whale recently shook the cryptocurrency world with a major portfolio restructuring. This deep-pocketed investor cashed out its stake in Dogecoin, redirecting investments towards Algotech, an innovative algorithmic crypto trading platform, and Bonk, a rapidly growing meme coin boasting a dedicated community. This strategic shift sparks speculation about underlying motivations and potential implications for the involved projects, particularly the highly anticipated Algotech platform.

Shiba Inu Whale’s Surprising Sell-off, Implications For DOGE’s Future

The­ anonymous whale had a large stake in the­ Shiba Inu (SHIB) ecosystem. The investor cashe­d out its entire inve­stment in Dogecoin, the largest me­me cryptocurrency. This move surprised many in the crypto world and raise­d questions about the whale’s strate­gy and DOGE’s future price.

Dogecoin has long be­en a favourite among investors and the crypto community due to its fun, meme­-inspired nature. Howeve­r, the whale’s decision to se­ll all their DOGE suggests a potential shift in se­ntiment or a strategic play to take advantage­ of upcoming opportunities in the eve­r-changing crypto landscape.

As the whale­ traded away its holdings in Dogecoin, the coin’s value­ saw noticeable volatility. At prese­nt, DOGE trades at $0.162, with a 24-hour trading volume of $878 million. The price is down 0.52% ove­r 24 hours, showing the market’s uncertainty around the­ whale’s moves.

Shiba Inu Whale Shift To Algotech (ALGT) and Bonk (BONK)

After selling Doge­coin, the whale focused on two promising proje­cts: Algotech (ALGT) and Bonk (BONK). This shift has drawn interest, as both offe­r unique potential for good returns in the near future. Algote­ch is a cutting-edge crypto trading platform using algorithms. Its innovative approach to trading and inve­sting has many excited. 

The proje­ct is wrapping up its presale, raising over $6.2 million so far. Its transpare­ncy, scalability, and risk management make it an e­nticing choice for investors see­king reliable, efficie­nt trading solutions.

Bonk (BONK), a meme coin with a rapidly growing fanbase, has se­en surging interest late­ly. Known for its quirky branding and active online prese­nce, Bonk has emerge­d as a contender in meme­ coins, potentially offering significant returns. The coin is currently trading at $0.00003204.

Experts are­ closely watching Bonk’s performance. Some­ predict the coin will do well in the­ coming months. Technical analysis shows Bonk recently broke­ out of a range, indicating potential upward momentum. If this tre­nd continues, the coin could set ne­w all-time highs, with analysts eyeing targe­ts of $0.000056 and $0.00007 in the near future.

Algotech’s $250K Giveaway: Fueling Excitement in the Community

Adding to the e­xcitement around Algotech, the­ project has announced a huge give­away. They are offering a massive­ $250,000 prize pool to be split among 10 lucky winners. This aims to re­ward participants and create excitement around the innovative­ trading platform, further strengthening its position in the­ competitive crypto landscape.

To participate in the giveaway, interested individuals must have a minimum participation of $100 in the Algotech presale. By meeting this requirement and completing various tasks, participants can increase their chances of winning one of the coveted $25,000 prizes in ALGT tokens.

The te­am at Algotech values building a lively and e­ngaged community. This giveaway shows how dedicate­d they are to rewarding e­arly supporters. As more investors join the presale and the­ project grows, experts think ALGT could pote­ntially reach $1 soon after its official launch. 

Learn more:

Visit Algotech Presale

Join The Algotech Community

The post Shiba Shootout: Why This Crypto Token is Predicted to Explode Next appeared first on Coinpedia Fintech News

Crypto investors are constantly on the hunt for the next big thing – a token that has the potential to skyrocket in value and deliver substantial returns. One project that has caught the attention of many crypto enthusiasts is Shiba Shootout, a novel cryptocurrency initiative that promises to combine the excitement of memecoins with the utility and stability of projects with real-world applications.

Investors who are searching for the next crypto to explode scrutinize various factors like as the project’s concept, utility, tokenomics, community engagement, and roadmap, among others. Shiba Shootout seems to tick all these boxes, positioning itself as a token poised for explosive growth.

A Wild West Adventure in the Crypto Realm

Shiba Shootout (SHIBASHOOT) is a cryptocurrency project that transports users into a digital frontier inspired by the Wild West. Unlike many other memecoins that rely solely on hype and speculation, this initiative aims to provide an engaging and strategic adventure for its participants.

At its core, Shiba Shootout challenges users to navigate the unpredictable terrain of the cryptocurrency landscape with the agility and wit of a Shiba cowboy. Participants are immersed in a thrilling experience filled with high-stakes battles, creativity, and the charm of an old-fashioned shootout.

Rather than focusing solely on transactions, Shiba Shootout seeks to offer its community a more immersive and rewarding venture. Through unique themed events and a clear roadmap for developing utility, the project strives to stand out from the crowded memecoin market.

Utility Features: Fuel for Explosive Growth

Shiba Shootout is not just another token; it offers a variety of engaging utility features designed to foster a sense of loyalty, community, and active participation among its users. These features have the potential to drive the project’s growth and contribute to the explosive rise of the $SHIBASHOOT token.

One key component is the “Posse Rewards” referral program, which incentivizes users to invite their friends to join the Shiba Shootout community. The more new members a user brings in, the greater the rewards they can earn, creating a fun and collaborative dynamic. As the community grows rapidly, fueled by the rewards program, the demand for the $SHIBASHOOT token is likely to surge, potentially leading to a price spike.

The project also hosts regular “Campfire Story” sessions, casual gatherings where community members can share their personal experiences and insights within the crypto and memecoin space. These sessions foster connections, knowledge exchange, and a sense of community among users. Projects with a strong, loyal community tend to have a higher probability of success, as users become ambassadors and advocates, further driving adoption and demand for the token.

Shiba Shootout incorporates elements of decentralized governance, allowing users to participate in “Token Governance Roundups” and have a say in key project decisions. This level of involvement can enhance participation, foster a sense of ownership, and contribute to the project’s long-term sustainability, factors that can positively impact the token’s price trajectory.

Moreover, the “Lucky Lasso Lottery” system offers users the chance to win valuable crypto prizes using their Shiba Showdown tokens, creating anticipation and incentivizing participation. As more users engage with the project in the hopes of winning big rewards, the demand for SHIBASHOOT is likely to increase, potentially driving an explosive price surge.

The “Savings Saddlebags” function enables users to automatically allocate a percentage of their tokens to a dedicated, locked wallet, earning them additional token rewards over time as their savings grow. This feature, combined with the “Cactus Staking” mechanism, which allows users to stake their tokens and accumulate rewards, can contribute to limiting the token’s circulating supply and increasing its scarcity, potentially leading to a price spike.

A Well-Balanced Approach to Token Allocation

Shiba Shootout has carefully structured the distribution of its $SHIBASHOOT tokens to support the growth and sustainability of the project, further enhancing its chances of an explosive price surge.

The largest portion, 35% or 770 million tokens, is dedicated to the presale, giving early investors an opportunity to participate in this digital frontier from the ground up. A successful presale can generate significant momentum and interest in the project, potentially driving demand for the token once it hits exchanges.

To incentivize long-term engagement, 20% of the token supply, or 440 million $SHIBASHOOT, is reserved for the staking program, allowing community members to secure their spot and earn additional rewards over time. This not only encourages user retention but also contributes to limiting the token’s circulating supply, potentially increasing its scarcity and value.

Recognizing the importance of continued development, 10% of the tokens, equating to 220 million $SHIBASHOOT, have been set aside as project funds to fuel ongoing operations and ensure the project’s longevity.

Ensuring liquidity is crucial for the project’s success, and 10% of the supply, or 220 million tokens, has been allocated to the liquidity pool, facilitating smooth and stable trading as users navigate the crypto frontier.

Additionally, 20% of the $SHIBASHOOT tokens, or 440 million, have been earmarked for marketing, allowing Shiba Shootout to raise awareness and attract new users, further driving demand and potentially contributing to an explosive price surge.

Finally, 5% of the token supply, or 110 million $SHIBASHOOT, has been dedicated to rewarding the most active and skilled members of the Shiba Shootout community, fostering engagement and loyalty.

Shiba Shootout also has a clear and well-structured roadmap in place, outlining the project’s goals and milestones across multiple phases. Having a defined plan is a positive sign, as it demonstrates the team’s vision and commitment to the project’s growth and development.

Join #ShibaShootout on #Telegram for the latest updates, networking opportunities, and engaging conversations!Need assistance? Our moderators are available 24/7 to support you! pic.twitter.com/u4OaFIJJpa

— shibashootout (@shibashootout) May 28, 2024

How to Join the Shiba Shootout Presale

The Shiba Shootout presale is currently in its early stages, offering an attractive entry point for prospective investors. The current price of $0.0191 per SHIBASHOOT is expected to gradually increase at various stages of the presale, making now an opportune time to get involved.

To participate in the Shiba Shootout presale, interested investors first need to ensure they have a compatible digital wallet (Metamask or Trustwallet) set up to facilitate cryptocurrency transactions. Once the wallet is secured, they can navigate to the dedicated presale section on the Shiba Shootout website and connect their wallet directly.

With the wallet connected, investors can exchange their preferred cryptocurrency for the project’s native token, $SHIBASHOOT, securing their position as early settlers in this captivating digital frontier.

With its unique concept, engaging utility features, well-balanced token allocation, and structured roadmap, Shiba Shootout presents itself as a promising contender for explosive growth in the cryptocurrency market. As the project continues to gain traction and deliver on its promises, the $SHIBASHOOT token may just be the next crypto to explode, rewarding early investors with substantial returns.

JOIN THE SHIBA SHOOTOUT (SHIBASHOOT)

Website  |  Twitter  |  Telegram 

The post Top Altcoins For 100% Surge in the coming week! appeared first on Coinpedia Fintech News

Amid increased price volatility, the cryptocurrency market has displayed significant price action over the past few days. However, the top tokens continue the struggle to hold prices above their respective resistance level, indicating a mixed sentiment in the crypto space.

On the other hand, mid-cap and low-cap altcoins have displayed a significant uptrend over the past week, indicating a switch of interest among investors toward these crypto tokens.

Let’s go, as in this article, we have covered the top 4 altcoins that have a high potential to record a surge of up to 100% in their respective portfolio during the upcoming week.

GMX (GMX):

GMX is a Decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on the top crypto tokens such as Bitcoin (BTC), Ethereum (ETH), and many others. Launched in September 2021 on the Avalanche chain, the altcoin has gained significant attention from the market.

The altcoin has recorded a correction of approximately 5% within the past day but has recorded a jump of over 7% within the past week and has added 54.69% to its portfolio over the past month.

With a trading price of $39.36, a circulating supply of 9,524,966 GMX tokens, and a market capitalization of $374.850 Million, the GMX token has secured the 171st position in the global cryptocurrency market list.

Brett (BASED) (BRETT):

Introduced as Pepe Memecoin’s best friend, the Brett project is built on the BASE chain. The BRETT memecoin is the latest sensational token of the rapidly expanding BASE ecosystem. The project allows the platform to leverage the resources and expertise of other projects in the space.

The BRETT price has surged 57.53% within the past week and 342.30% over the past month. Moreover, it has rewarded its investors with a Year-to-Date (YTD) return of 306.61%, highlighting a positive outlook for the memecoin in the coming time.

ALL BEST ICO (ALLBI):

Built on the Solana chain, the ALLBI project aims to assist its clients in creating a project in its system by preparing a cryptocurrency for them on their own terms, advertising, website, and administration. The services charged are transferred in “ALLBI” which is its native token.

With a trading price of $0.2834, a circulating supply of 1,330,204,603 ALLBI tokens, and a total supply of 1,534,000,000 ALLBI, the ALL BEST ICO has secured the 237th position with a market cap of $376.68 Million.

Despite recording a correction of 28.25% within the past day, the altcoin has added approximately 700% within the past day and 1,270,540.65% over the past month. Moreover, it has a YTD return of 5,96,132.56%, making it a top pick for this list.

BEERCOIN (BEER):

The BEERCOIN is referred to as liquid gold. The BEER token works as the universal currency of enjoyment, togetherness, and happiness. Built on the Solana chain, this memecoin instantly gained significant attention in the crypto market due to huge whale activities.

The memecoin has jumped approximately 150% within the past week and has surged 308.21% since its inception. With a market cap of $230.77 Million, BEERCOIN has secured the 272nd position in the global cryptocurrency market list.

The post Memecoin Analysis: Pepe, Bonk, and GME Price Predictions for This Week appeared first on Coinpedia Fintech News

June has kicked off an impressive rally for meme coins, with several popular ones drawing significant buyer interest, leading to massive price increases. A notable event was the return of Keith Gill, better known as “Roaring Kitty,” who sparked a surge in GME memecoin prices. Furthermore, last week saw significant fluctuations in the prices of Pepe and Bonk coins, suggesting potential for further increases in the coming week.

Memecoins Gain The Spotlight Amid Volatility

Last week, the GME memecoin, operating on the Solana blockchain, experienced an unexpected surge. This increase triggered a bullish outlook for both Pepe and Bonk prices, triggering analysts to revise their predictions for the meme coin market in the upcoming week.

Pepe Price Analysis

Pepe price witnessed intense volatility in the last few days as the price faced a strong rejection around the $0.000015 resistance mark. This pushed the price toward the low of $0.0000116. However, buyers defended that level and the price is currently hovering around $0.00001235, declining over 10% in the last 24 hours.

The buyers aim to maintain their momentum and push the price above the descending resistance line. Although the $0.000016 may present a challenge, it is expected to be surpassed. Following this, the PEPE/USDT pair could target a rally towards the strong resistance at $0.0000173.

Conversely, if the bears aim to halt this upward movement, they must rapidly pull the price below the 50-day SMA at $0.0000112. Succeeding this, the pair could decline to $0.00000889 and further down to the crucial support level at $0.00000772. 

Bonk Price Analysis

XRP remains close to its moving averages, suggesting minimal aggressive activity from traders. Bonk rejected the $0.000033 level strongly and declined below the immediate Fib channels, resulting in a consolidation around $0.000028. As of writing, Bonk price trades at $0.0000284, surging over 3% in the last 24 hours. 

The declining moving averages and a mid-level RSI hint at potentially continued bearish price movements. A break and close above the current consolidation could signal a bullish resurgence, potentially pushing the BONK/USDT pair towards the $0.0000369 resistance level. Further buying pressure might send the price toward $0.000048

Conversely, a downturn below the support line of $0.000024 could invalidate the bullish pattern, potentially driving the pair down to the $0.000017 support level.

GME Price Analysis

The GME price has seen a remarkable recovery, surging from a low of $0.013 toward $0.018. However, bears continue to defend a surge above resistance lines, slowing down the buying momentum. As of writing, GME price trades at $0.017, surging over 10% in the last 24 hours. 

The 20-day exponential moving average (EMA) shows a slight surge at $0.016, and the relative strength index (RSI) is hovering above the midline, indicating dominant buying pressure. If the price manages to rebound from the current position, it could surge toward the $0.032 mark and possibly set a new all-time high.

However, If bears plunge the price below the support of $0.012, it might cause the GME/USDT pair to pull back to its crucial support of $0.008 to test buyer strength.

The post Why Solana’s $80B Breakthrough and Ethereum’s Pectra Update Make Furrever Token’s Bonus Irresistible appeared first on Coinpedia Fintech News

The cryptocurrency landscape is rapidly evolving, with major developments creating a buzz among investors and enthusiasts alike. Recently, two significant events have captured the attention of the crypto community: Solana’s market capitalization surpassing $80 billion and Ethereum’s announcement of the Pectra update. Amidst these groundbreaking developments, Furrever Token has launched an irresistible limited-time offer that is set to attract considerable interest. Here’s why these events make Furrever Token’s 25% bonus deal an opportunity you don’t want to miss.

Solana’s $80 Billion Milestone: A Game Changer

Solana (SOL) has been making headlines with its impressive market cap crossing the $80 billion mark. This surge can be attributed to its high-speed blockchain technology, which offers lower transaction costs and faster processing times compared to many of its competitors. Solana’s innovative approach has led to increased adoption among decentralized applications (dApps) and non-fungible tokens (NFTs) platforms, solidifying its position as a leading player in the crypto space.

Ethereum’s Pectra Update: The Future of Scalability

Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to evolve with its upcoming Pectra update, scheduled for Q1 2025. This update aims to enhance Ethereum’s scalability, security, and sustainability. By implementing sharding and other technical improvements, Ethereum seeks to address its current limitations, making it more efficient and attractive for developers and users. The anticipation surrounding the Pectra update has led to bullish sentiment in the market, with many speculating that ETH could reach new heights​.

Furrever Token’s Limited-Time Bonus: An Offer Too Good to Ignore

Amid these significant developments, Furrever Token is offering a 25% bonus on new purchases until June 10, 2024. This promotion is designed to attract investors looking for the next big opportunity in the crypto market. Furrever Token, known for its unique and whimsical approach centred around adorable cat imagery, provides a refreshing alternative to more serious blockchain projects. Its mission to create a fun and engaging ecosystem has already resonated with a growing community.

Why Furrever Token’s Bonus Stands Out

Generous Returns: With up to 15x returns expected, this limited-time bonus significantly boosts potential profits for early adopters.

Community-Driven: Furrever Token’s community is actively engaged, with nearly 4,000 organic members on Telegram. This strong community support enhances the token’s credibility and long-term viability.

Security and Compliance: The smart contract has been audited by Securi Lab, ensuring that investors’ funds are secure.

No Trading Taxes: Unlike many other tokens, Furrever Token has no buy and sell tax, making it an attractive option for frequent traders.

Current Price: The current price of Furrever Token is $0.000732, offering significant growth potential for early investors.

Exciting Presale Details

Furrever Token’s presale has already raised over $1.2 million in nearly three months and is currently in stage 9 out of 10. The goal is to raise a total of $1.9 million before the official launch on PancakeSwap. During the presale, 65% of the total supply (9 billion tokens) is available for purchase, with a potential for up to 15x returns for early investors. This makes the presale a highly attractive opportunity for those looking to maximize their investments.

Huge Hype Around Furrever Token: Act Now!

The timing of Furrever Token’s bonus offer could not be better. With Solana’s rise and Ethereum’s upcoming improvements, the crypto market is teeming with excitement and potential. By leveraging the current positive sentiment around these major tokens, Furrever Token positions itself as a compelling investment. The limited-time nature of the 25% bonus creates a sense of urgency, encouraging investors to act quickly to maximize their holdings.

Conclusion: Don’t Miss Out!

In a market driven by innovation and rapid growth, staying ahead of the curve is crucial. Solana’s $80 billion breakthrough and Ethereum’s Pectra update highlight the dynamic nature of the crypto space. Amid these developments, Furrever Token’s limited-time bonus offer presents an irresistible opportunity. Don’t miss out on this chance to invest in a token that combines fun, community engagement, and substantial growth potential. Visit Furrever Token to claim your bonus before it’s too late!

Join Furrever Token Presale Now:

Furrever Token Official Website

Visit Furrever Token Presale

Join Official Telegram Group

Follow Official X Account

The post Top 5 Low-cap Tokens To Stack For The Upcoming Week! appeared first on Coinpedia Fintech News

The cryptocurrency industry has displayed a significant increase in price volatility, with top tokens recording a constant price fluctuation in their respective portfolios. Moreover, with the increased bearish sentiment in top cryptocurrencies, the low-cap altcoins have displayed a bullish reversal.

This highlights an increase in the interest among investors for these crypto tokens to maximize their short-term profits. Planning on investing in such altcoins to gain massive profits but are confused about where to invest?

Dive in as, in this article, we have covered the top 5 low-capital altcoins that have a high potential to record a gain of up to 100% in their respective portfolios during the upcoming week.

KARRAT (KARRAT):

Karrat is an Artificial Intelligence (AI) powered decentralized blockchain designed to support the gaming, AI, and the entertainment industry. It enables the integration of digital collectibles and their Metadata. Further, its native token “KARRAT” the community by acting as the payment system.

With a trading price of $1.09, a circulating supply of 87,684,609 KARRAT tokens, and a total supply of 1 Billion tokens, the altcoin has secured the 465th spot in the global crypto market list with a market cap of $95.34 Million.

Positively, the Karrat coin price has added 9.63% within the past day and approximately 60% over the past week. Moreover, the altcoin has surged 87.70% over the past 30 days and has rewarded a Year-to-Date (YTD) return of 17.69%.

CoinEx Token (CET):

Launched in 2018 on the Ethereum chain, CoinEx is a decentralized trading system and is governed by its community. It aims to specifically develop 3 public chains which are DEX chain, Smart chain, and Privacy chain. Its native token “CET” powered the CoinEx chain.

Despite recording a correction of approximately 4% within the past day, the altcoin has added 28.56% within the past seven days and 87.64% over the past month, indicating a strong bullish sentiment for the CET price in the crypto space. Moreover, it has a YTD return of over 127%.

The Root Network (ROOT):

The Root Network is a Layer-1 and was designed as the hub of the open Metaverse where anything can be connected to any other thing. The ROOT token is the primary token of the Root Network. Moreover, the network separates the staking token from the gas token.

Furthermore, the ROOT price has added over 1% within the past day and 2.39% over the past week. Moreover, it has jumped approximately 15% within the past 30 days and has a yearly return of 4.42%.

At the time of writing, the Root Network (ROOT) had a trading price of $0.04708, a circulating supply of 1,038,925,778 ROOT, and a maximum supply of 12,000,000,000 ROOT tokens. With a market cap of $48.94 Million, it has secured the 641st spot in the cryptocurrency list.

Wing Finance (WING):

The Wing Finance is a credit-based decentralized platform, designed specifically for cryptocurrency asset lending and cross-chain communication between multiple decentralized financial (DeFi) projects. Its native token “WING” acts as the primary payment method in the Wing ecosystem.

Despite recording a correction of 16.96% this year, the WING price has added 13.86% within the past day and 21.87% over the past week. Moreover, the altcoin has surged 37.89% over the past week, highlighting increased bullish sentiment for the Wing Finance crypto in the market.

Hacken Token (HAI):

Built on the Ethereum Chain, the project serves as a multi-faceted utility token within the Hacken ecosystem. The platform has a primary goal of enhancing the cybersecurity in the blockchain space. Its native token “HAI” functions as a work-to-play, product-utility, and governance token.

With a price tag of $0.05194, a circulating supply of 645,081,280 HAI, a total supply of 971,883,420 HAI, and a maximum supply of 1,000,000,000 HAI, the altcoin has a market cap of $33.53 Million and has secured the 759th position in the global crypto market list.

Furthermore, the altcoin has added approximately 8% to its portfolio within the past day and 5% over the past 30 days. Moreover, the altcoin has a Year-to-Date (YTD) return of 34%, indicating a bullish outlook for the HAI price in the coming time.

The post Web3, Blockchain & Crypto Weekly Reports appeared first on Coinpedia Fintech News

Welcome to your go-to source for all things Web3, Blockchain and Crypto! Our Weekly report dives into the freshest updates and game-changing developments in the fast-paced world. We curate the best data from trusted sources to keep you ahead of the curve. Ready to stay informed and inspired? Let’s explore the latest trends and insights together! 

1. Web3, Blockchain & Crypto Breaking News This Week

Here are this week’s major breaking news reports, related to the Web3, Blockchain and crypto world, that you should never miss. 

NY Attorney General Sues Crypto Companies for Fraud 

New York Attorney General Letitia James sues NovaTechFx and AWS Mining, alleging illegal pyramid schemes that defrauded over 11,000 individuals and investors, causing losses exceeding a billion dollars in cryptocurrency.

Creditors Object to FTX Reorganisation Plan 

Creditors of bankrupt cryptocurrency exchange FTX object to its reorganisation plan, citing issues with property rights, the best interest test, and inconsistent debtors liquidation analysis. The objection was highlighted by FTX creditor activist Sunil Kavuri.

Andrew Tate’s Meme Coins Disrupt Solana Market 

Andrew Tate-inspired meme coins trend on DEXScreener, quickly amassing hundreds of millions of dollars. Tate confirms his attempt to crash Solana, causing chaos in the crypto market.

SEC Chair Gensler Delays Spot Ethereum ETFs

SEC Chair Gray Gensler raises concerns over unethical conduct in crypto exchanges. He maintains in a recent interview that the introduction of spot Ethereum ETFs will need more time. 

Cardano Founder Defends Network’s Fundamentals 

Cardano founder Charles Hoskinson refutes claims of weak fundamentals, criticising media for negative portrayals. He asserts that Cardano’s progress contrasts starkly with the media’s depiction.

Robinhood to Acquire Bitstamp for $200 Million 

Trading platform Robinhood plans to buy cryptocurrency exchange Bitstamp in an all-cash deal valued at $200 million. The acquisition aims to expand Robinhood’s crypto presence and attract institutional clients.

Lawmakers Urge Biden to Help Detained Binance Executive 

U.S. lawmakers call on President Joe Biden to intervene in the detention of Tigran Gambaryan, a Binance executive held by Nigerian authorities for nearly three months. They demand immediate action, treating it as a hostage crisis.

Thailand Approves First Bitcoin ETF for Wealthy Investors 

Thailand’s SEC approves One Asset Management to launch the country’s first Bitcoin ETF, available exclusively to wealthy and institutional investors. The ETF invests in 11 prominent global funds.

Bitpanda and Deutsche Bank Partner for Real-Time Payments 

Austrian crypto broker Bitpanda partners with Deutsche Bank to enable real-time payment solutions in Germany. Through API integration, Bitpands will access German IBAN accounts, streamlining user transactions.

Watford FC Offers Equity on Crypto Platforms 

Watford Football Club plans to sell 10% of its equity to investors, including fans, via crypto and startup investment platforms Republic and Seedrs. This initiative aims to engage supporters and raise funds.

Americans Turning to Bitcoin Amid Geopolitical Tensions 

A Harris Poll survey, funded by Bitcoin ETF issuer Grayscale, shows increasing numbers of American voters considering Bitcoin as a hedge against geopolitical tensions and inflation. One in three voters will consider candidates’ stances on cryptocurrencies.  

2. Blockchain Weekly Analysis 

The blockchain weekly analysis primarily covers the blockchain dominance analysis and the blockchain 7-day change analysis. In order to bring more clarity, the Layer 1 chains and Layer 2 chains are analysed separately. 

2.1. Blockchain Dominance Analysis 

Ethereum, TRON, BNB Smart chain, Solana, and Arbitrum One are the top five blockchains as per dominance and TVL.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  1:59 AM (GMT-4)] Blockchains  Dominance  TVL Ethereum  64.07% $66,389,145,462 TRON 8.38% $8,681,768,450 BNB Smart Chain 5.64% $5,840,828,974 Solana 4.61% $4,774,373,036 Arbitrum One 3.08% $3,190,925,020 Others 14.22%

Among the top five chains, Ethereum dominates with 64.07%. TRON and BNB Smart Chain follow with 8.38% and 5.64%, respectively. Ethereum marks a TVL of $66,389,145,462. TRON and BNB Smart Chain record $8,681,768,450 and $5,840,828,974 TVL, respectively.    

2.1.1. Top Five Layer 1 Chains By Dominance  

Ethereum, BNB Smart Chain, Solana, Bitcoin and Avalanche are the top five Layer 1 Blockchains by dominance and TVL. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:07 AM (GMT-4)] Layer 1 Blockchains  Dominance  TVL Ethereum 81.13% $66,329,231,344 BNB  7.08% $5,784,982,113 Solana 5.85% $4,781,612,203 Bitcoin  1.46% $1,193,274,320 Avalanche  1.08% $886,652,239 Others  3.40%

Among the top five Layer 1 chains, Ethereum dominates with 81.13%. BNB and Solana follow with 7.08% and 5.85%, respectively. Ethereum has the highest TVL of $66,329,231,344. BNB and Solana follow with $5,784,982,113 and $4,781,612,203, respectively.    

2.1.2. Top Five Layer 2 Chains By Dominance 

Arbitrum One, Blast, Base, Polygon POS, and Optimism are the top five Layer 2 Blockchains on the basis of dominance and Total Value Locked. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:10 AM (GMT-4)] Layer 2 Blockchains  Dominance  TVL Arbitrum One 28.72% $3,185,688,673 Blast 20.47% $2,270,612,614 Base 15.73% $1,744,364,297 Polygon POS 8.80% $976,541,196 Optimism 7.53% $834,930,260 Others 18.75%

Among the top five Layer 2 chains, Arbitrum has the highest dominance of 28.72%. Blast and Base closely follow with 20.47% and 15.73%, respectively. Arbitrum One has the highest TVL of $3,185,688,673. Blast and Base follow with $2,270,612,614 and $1,744,364,297, respectively.  

2.2. Blockchain 7-Day Change Analysis

Let’s analyse the top five Layer 1 chains using the 7-day change index. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:21 AM (GMT-4)] Layer 1 Blockchains  7-Day Change  Ethereum +2.8% BNB  +8.0% Solana -0.2% Bitcoin  +3.2% Avalanche  -5.0%

Among the Layer 1 blockchains, at least three show positive 7-day change. BNB marks the highest change of +8.0%. Bitcoin and Ethereum follow with +3.2% and +2.8%, respectively. Conversely, Avalanche displays a negative change of -5.0%, and Solana registers a minimal negative change of -0.2%. 

Let’s analyse the top five Layer 2 chains using the 7-day change index. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:23 AM (GMT-4)] Layer 2 Blockchains  7-Day Change  Arbitrum One +3.1% Blast +2.0% Base +1.7% Polygon POS +2.8% Optimism +0.3%

All the Layer 2 blockchains show a positive 7-day change. Arbitrum One records the highest change of +3.1%. Polygon POS and Blast closely follow with +2.8% and +2.0%, respectively. Base registers a change of +1.7%, and Optimism reports a minimal positive change of +0.3%.  

Also Read: Blockchain Monthly Report For May 2024: All You To Need To Know To Stay Ahead

3. Cryptocurrency Weekly Analysis 

The cryptocurrency weekly analysis covers a wide range of analysis from the general cryptocurrency market cap analysis and the top gainers and losers analysis to the Stablecoin, Memecoin, AI Coins and Metaverse Coins analysises.  

3.1. Top Cryptocurrency Categories By Market Cap 

Layer 1 (LI), Smart Contract Platform, Andreessen Horowitz Portfolio, Multicoin Capital Portfolio, and Alameda Research Portfolio are the top five cryptocurrency categories by Market Cap. The Layer 1 (L1) category, with $2,189,424,328,641 market cap, is the one with the highest market cap. The Smart Contract Platform category follows with a $797,526,071,177 market cap.      

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:28 AM (GMT-4)] Crypto Categories  Market Cap  7-Day Change  Layer 1 (L1) $2,189,424,328,641 +4.4% Smart Contract Platform $797,526,071,177 +4.2% Andreessen Horowitz (a16z) Portfolio $629,913,218,767 +1.8% Multicoin Capital Portfolio $585,970,584,300 N/A Alameda Research Portfolio $576,269,672,044 +2.0%

All the major crypto categories show a positive 7-day change. Layer 1 (L1) has the highest 7-day change of +4.4%. Smart Contract Platform closely follows with +4.2%. Alameda Research Portfolio and Andreessen Horowitz (a16z) Portfolio report +2.0% and +1.8%, respectively.     

3.1.1. Trending Categories This Week 

Base Meme, PolitiFI, Cat-Themed, Frog-Themed, Strategy Games, and Internet of Things (IOT) are the top six trending categories this week.    

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Trending Categories  Market Cap  Base Meme $2,460,016,190 PolitiFI $1,703,469,186 Cat-Themed  $2,673,450,848 Frog-Themed  $8,415,191,190 Strategy Games $257,276,851 Internet of Things (IOT) $7,455,301,823

Among the trending categories, the Frog-Themed category has the highest market cap of $8,415,191,190. The category of Internet of Things (IOT) follows closely with $7,455,301,823. Conversely, Strategy Games has the lowest market cap of $257,276,851.          

3.2. Top Cryptocurrencies By Market Cap 

Bitcoin, Ethereum, Tether, BNB, and Solana are the top five cryptocurrencies by market cap. Bitcoin has the highest market cap of $1,403,190,110,920. Etheruem follows with a market cap of $457,933,361,461. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Cryptocurrencies  Market Cap  7-Day Change  Bitcoin $1,403,190,110,920 +4.0% Ethereum $457,933,361,461 +1.8% Tether  $112,281,133,223 -0.0% BNB $108,568,348,855 +19.1% Solana $79,127,150,522 +3.5%

All the major cryptos show a positive 7-day change. BNB records the highest 7-day change of +19.1%. Bitcoin and Solana follow with +4.0% and +3.5%, respectively. Ethereum registers a change of +1.8%. 

3.2.1. Trending Coins This Week 

MANTRA, GALA, MAGA Hat, Planet IX, and OctaSpace are the most trending cryptocurrencies at the time of preparing this analysis.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:46 AM (GMT-4)] Trending Cryptocurrencies  Market Cap MANTRA $779,386,388 GALA $1,600,024,761 MAGA Hat $109,068,843 Planet IX $50,344,685 OctaSpace $57,007,169

Among the trending cryptos, GALA has the highest market cap of $1,600,024,761. MANTRA and MAGA Hat follow with $779,386,388 and $109,068,843, respectively. Conversely, Planet IX, with $50,344,685, has the lowest market cap. OctaSpace follows with $57,007,169.              

3.2.2. Top Gainers & Losers This Week 

GME, Basenji, Undeads Games, Beercoin and Base God are the top gainers of the week as per the 7-day gain index.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:50 AM (GMT-4)] Top Gainers  7-Day Gain GME 647.2% Basenji +248.7% Undeads Games +225.2% Beercoin +177.4% Base God +91.2%

GME has the highest 7-day change of 647.2%. Basenji and Undeads Games follow with +248.7% and +225.2%, respectively. Beercoin and Base mark +177.4% and +91.2% 7-day gain, respectively.  

Lifeform, NEM, Waves, OMG Network and MANEKI are the top losers of the week as per the 7-day loss index.   

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:55 AM (GMT-4)] Top Losers  7-Day Loss Lifeform -44.0% NEM -39.8% Waves -39.3% OMG Network -36.6% MANEKI -33.2%

Lifeform has the highest 7-day loss of -44.0%. NEM and Waves follow with -39.8% and -39.3%, respectively. OMG Network and MANEKI register -36.6% and -33.2%, respectively.  

3.3. Top Stablecoins Analysis 

Tether, USDC, Dai, Ethena USDe, and First Digital USD are the top five stablecoins as per market cap.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:07 AM (GMT-4)] Stablecoins  Market Cap Tether $112,456,988,338 USDC $32,559,591,922 Dai $5,261,827,701 Ethena USDe $3,233,199,303 First Digital USD $2,951,621,799

Among the top stablecoins, Tether has the highest market cap of $112,456,988,338. USDC follows with a $32,559,591,922 market cap. Dai and Ethena USDe register $5,261,827,701 and $3,233,199,303 market cap, respectively. First Digital USD records a market cap of $2,951,621,799.      

Also Check Out: Stablecoin Performance and Analysis May Update: An In-depth Monthly Report  

3.4. Top Memecoins 7-Day Change Analysis 

Dogecoin, Shiba Inu, Pepe, dogwifhat, and FLOKI are the top five Memecoins as per market cap. Dogecoin has the highest market cap of $23,353,726,020. Shiba Inu and Pepe follow with $14,896,831,815 and $6,061,873,304 market cap, respectively. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:09 AM (GMT-4)] Memecoins  Market Cap  7-Day Change  Dogecoin $23,353,726,020 +1.3% Shiba Inu $14,896,831,815 -2.2% Pepe $6,061,873,304 -1.0% dogwifhat $3,294,724,391 -2.9% FLOKI $3,012,737,598 +25.0%

Among the top Memecoins, only two coins show a positive 7-day change. FLOKI reports an impressive 7-day change of +25.0%. Dogecoin follows with a minimal change of +1.3%. Conversely, dogwifhat and Shiba Inu report -2.9% and -2.2% change, respectively. Pepe marks a minimal negative change of -1.0%.  

3.5. Top AI Coins 7-Day Change Analysis 

NEAR Protocol, Internet Computer, Fetch.ai, Render, and Bittensor are the top five AI Coins as per market cap. NEAR Protocol has the highest market cap of $8,044,387,303. Internet Computer and Fetch.ai closely follow with $5,588,676,977 and $5,137,865,736 market cap, respectively.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:14 AM (GMT-4)] AI Coins  Market Cap  7-Day Change  NEAR Protocol $8,044,387,303 +2.1% Internet Computer $5,588,676,977 +1.7% Fetch.ai $5,137,865,736 -6.5% Render  $4,046,994,329 +3.8% Bittensor  $2,929,555,949 +9.8%

Among the top AI coins, only one shows a negative 7-day change; Fetch.ai displays a change of -6.5%. Bittensor has the highest 7-day positive change of +9.8%. Render, NEAR Protocol and Internet Computer follow with +3.8%, +2.1% and +1.7%, respectively. 

3.6. Top Metaverse Coins 7-Day Change Analysis 

Render, FLOKI, Axie Infinity, The Sandbox, and Decentraland are the top five Metaverse Coins on the basis of market cap. Render has the highest market cap of $4,042,207,103. FLOKI, Axie Infinity, and The Sandbox closely follow with $3,007,267,903, $1,222,799,895, and $1,066,651,856 market cap, respectively. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:18 AM (GMT-4)] Metaverse Coins  Market Cap  7-Day Change  Render $4,042,207,103 +3.9 FLOKI $3,007,267,903 +24.9 Axie Infinity  $1,222,799,895 +13.7 The Sandbox $1,066,651,856 +8.4 Decentraland  $878,198,238 +6.4

All the top Metaverse Coins show a positive 7-day change. FLOKI shows the highest 7-day change of +24.9%. Axie Infinity and The Sandbox follow with +13.7% and +8.4%, respectively. Decentraland and Render report +6.4% and +3.9%, respectively. 

4. Crypto ETF Weekly Analysis 

The crypto ETF weekly analysis covers Bitcoin Spot ETFs, Bitcoin Futures ETFs, and Ethereum Futures ETFs. 

4.1. Bitcoin Spot ETF Price Change Analysis 

GBTC, IBIT, FBTC, ARKB and BITB are the top five Bitcoin Spot ETFs based on Asset Under Management. GBTC marks the highest AUM of $24.33B. IBIT closely follows with an AUM of $17.24B. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:24 AM (GMT-4)] Bitcoin Spot ETFs Price  Change  AUM Grayscale (GBTC) $62.63 -1.14% $24.33B BlackRock (IBIT) $40.16 -1.25% $17.24B Fidelity (FBTC) $61.65 -1.17% $9.90B Ark/21 Shares (ARKB) $70.47 -1.19% $2.85B Bitwise (BITB) $38.43 -1.18% $2.16B

Among the top Bitcoin Spot ETFs, none show a positive change. IBIT displays the highest negative change of -1.25%. ARKB and BITB follow with -1.19% and -1.18%, respectively. FBTC and GBTC report -1.17% and -1.17%, respectively. 

4.2. Bitcoin Futures ETF Price Change Analysis 

BITO, XBTF, BTF, BITS, and ARKA are the top five Bitcoin Futures ETFs as per Asset Under Management. BITO has the highest AUM of $598.78M. XBTF follows with $42.41M AUM. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:30 AM (GMT-4)] Bitcoin Futures ETFs Price  Change  AUM ProShares (BITO) $26.64 -1.22% $598.78M VanEck (XBTF) $39.22 +0.33% $42.41M Valkyrie (BTF) $21.54 -1.73% $38.20M Global X (BITS) $72.36 +1.94% $26.10M Ark/21 Shares (ARKA) $67.42 -0.69% $8.01M

Among the Bitcoin Futures ETFs, at least two ETFs show a positive change; BITS and XBTF mark +1.94% and +0.33%, respectively. Conversely, BTF has the highest negative change of -1.73%. BITO and ARKA follow with -1.22% and -0.69%, respectively. 

4.3. Ethereum Futures ETF Price Change Analysis 

BITW, BTF, EFUT, and EETH are the top four Ethereum Futures ETFs based on Asset Under Management. BITW has the highest AUM of $478.00M. BTF follows with $25.93M AUM.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:33 AM (GMT-4)] Ethereum Futures ETFs Price  Change  AUM Bitwise (BITW) $38.00 -0.52% $478.00M Valkyrie (BTF) $21.54 -1.73% $25.93M VanEck (EFUT) $29.27 -1.96% $7.84M ProShares (EETH) $79.92 -2.31% $6.43M

Among the Ethereum Futures ETFs, none show a positive change. EETH reports the highest negative change of -2.31%. EFUT and BTF follow with -1.96% and -1.73%, respectively. BITW has the lowest negative change of -0.52%. 

5. DeFi Protocols Weekly Analysis 

Lido, EigenLayer, AAVE, Maker and JustLend are the top five DeFi protocols as per Total Value Locked. Lido marks the highest TVL of $36.411B. EigenLayer and AAVE follow with $19.995B and $13.17B, respectively. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024, 3:54 AM (GMT-4)] DeFi Protocols TVL 7-Day Change  Lido $36.411B +2.33% EigenLayer $19.995B +7.78% AAVE $13.17B +2.14% Maker $8.685B -1.93% JustLend $6.834B +3.87%

Among the top DeFi protocols, only one DeFi Protocol marks a negative 7-day change; Maker reports a change of -1.93%. Conversely, EigenLayer records the highest positive change of +7.78%. Lido and AAVE register +2.33% and +2.14%, respectively.  

6. Crypto Exchange Weekly Analysis 

6.1. Top Crypto Centralised Exchanges 

Binance, Coinbase Exchange, Bybit, WhiteBIT, and OKX are the top five crypto centralised exchanges on the basis of Monthly Visits. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:05 AM (GMT-4)] Crypto Centralised Exchanges Monthly Visits  Trust Score  Binance  75.3M 9/10 Coinbase Exchange  46.3M 10/10 Bybit 31M 10/10 WhiteBIT 24.8M 8/10 OKX 24.1M 10/10

Among the top crypto centralised exchanges, Binance marks the highest number of monthly visits of 75.3M. Coinbase Exchange and Bybit follow with 46.3M and 31M, respectively. WhiteBIT and OKX report 24.8M and 24.1M, respectively. At least three of these exchanges have a trust score of 10/10. Binace displays a trust score of 9/10 and WhiteBIT showcases a low trust score of 8/10. 

6.2. Top Crypto Decentralised Exchanges 

Jupiter, Uniswap V3 (Ethereum), Cellana Finance, Orca and Raydium are the top five crypto decentralised exchanges on the basis of Market Share by Volume.   

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:10 AM (GMT-4)] Crypto Decentralised Exchanges % Market Share by Volume 24-Hour Volume  Jupiter 17.1% $1,149,791,066 Uniswap V3 (Ethereum) 10.2% $682,342,003 Cellana Finance  9.9% $667,582,096 Orca 8.1% $547,149,993 Raydium 7.6% $509,121,014

Among the top crypto decentralised exchanges, Jupiter marks the highest market share by volume of 17.1%. Uniswap V3 (Ethereum) and Cellana Finance follow with 10.2% and 9.9%, respectively. Orca and Raydium report 8.1% and 7.6%, respectively.   

6.3. Top Crypto Derivative Exchanges 

Binance (Futures), Bybit(Futures), Bitget Futures, Deepcoin (Derivatives), and CoinW (Futures) are the top five crypto derivative exchanges by 24-hour open interest. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:13 AM (GMT-4)] Crypto Derivative Exchanges 24-Hour Open Interest  24-Hour Volume  Binance (Futures) $23,143,639,948 $42,813,327,442 Bybit (Futures) $14,867,114,072 $14,525,475,077 Bitget Futures $11,883,227,811 $12,496,493,865 Deepcoin (Derivatives) $11,301,142,708 $6,307,084,013 CoinW (Futures) $9,527,049,814 $14,842,040,489

Among the crypto derivative exchanges, Binance (Futures) has the highest open interest of $23,143,639,948. Bybit (Futures) and Bitget Futures follow with $14,867,114,072 and $11,883,227,811, respectively. Deepcoin (Derivatives) and CoinW (Futures) mark $11,301,142,708 and $9,527,049,814 open interest, respectively.               

7. NFT Marketplace Weekly Analysis 

Blur, Blur Aggregator, Gem, Opensea, and X2Y2 are the top five NFT Marketplaces by Market Share. Blur has the highest market share of 80.09%. Blur Aggregator and Gem follow with 18.56%% and 0.40% market share respectively. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:16 AM (GMT-4)] NFT Marketplaces  Market Share Volume Change (Change of last 7-D Volume over the Previous 7-D Volume)  Blur 80.09% -18.53% Blur Aggregator 18.56% -30.57% Gem 0.40% -46.52% Opensea 0.38% -34.32% X2Y2 0.22% -72.89%

Among the top NFT marketplaces, none share a positive volume change. X2Y2 has the highest negative change of -72.89%. Gem follows with -46.52% volume change respectively. Opensea and Blur Aggregator report -34.32% and -30.57%, respectively. Blur records a comparative lower negative volume change of -18.53%.  

7.1. Top NFT Collectibles This Week 

5df669f8cd2889, 5883d5e7b81bb0d2, CryptoPunks #1002, CryptoPunks #9570, and CryptoPunks #1333 are the top NFT collectibles based on Price. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] NFT Collectibles  Price  5df669f8cd2889 $219,102.49 5883d5e7b81bb0d2 $209,232.03 CryptoPunks #1002 $193,371.84 CryptoPunks #9570 $166,974.73 CryptoPunks #1333 $151,344.23

5df669f8cd2889 marks the highest price of $219,102.49. The NFT collective of 5883d5e7b81bb0d2 follows with $209,232.03. CryptoPunks #1002, CryptoPunks #9570, and CryptoPunks #1333 record $193,371.84, $166,974.73, and $151,344.23, respectively.            

8. Web3, Blockchain & Crypto Funding Analysis 

8.1. Crypto Fundraising Trend 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Week Funds Raised  Number of Fundraising Rounds  Jun 3 – 9, 2024 $402.43M 26 May 27 – June 2, 2024 $351.10M 37

This week, the crypto sector has so far raised nearly $402.43M, higher than the previous year’s value of $351.10M. 

8.2. Most Active Investors This Week 

Hashkey Capital, Animoca Brands, The Spartan Group, Foresight Ventures, and GSR are the most active investors this week, based on the number of deals.   

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Investors (or Fund’s Name)  Deals (June 2 – 8, 2024) Investments  Lead Investments  Hashkey Capital  4 4 0 Animoca Brands 4 2 2 The Spartan Group  3 3 0 Foresight Ventures  3 3 0 GSR 3 3 0

Hashkey Capital and Animoca Brands mark 4 deals each. Hashkey Capital has no lead investments, but Animoca Brands has two. The Spartan Group, Foresight Ventures and GSR report 3 deals each, but none register a lead investment.  

8.3. Crypto Fundraising By Category 

Blockchain Infrastructure, Blockchain Services, CeFi, Chain, DeFi, GameFi, Meme, Social and Stablecoins are the categories raised funds this week. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Category  Number of Fundraising Rounds (June 3 – 9, 24)  Funds Raised  Blockchain Infrastructure 5 $21.00M Blockchain Services 2 $12.00M CeFi 2 $218.75M Chain 2 $58.00M DeFi  2 $35.00M GameFi 8 $35.08M Meme 1 $5.00M Social  3 $9.60M Stablecoin  1 $8.00M

The category of CeFi records the highest fund raised of $218.75M. Chain, GameFi and DeFi follow with $58.00M, $35.08M and $35.00M. Blockchain Infrastructure registers $21.00M. Conversely, the category of Meme marks the lowest fund raised of $5.00M. 

8.4. Top Crypto Investment Locations 

Apart from the undisclosed category, the UK, the US, Singapore, Estonia and the UAE are the top crypto investment locations, on the basis of funds raised.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Investment Location  Funds Raised (June 1 – 8, 2024)  Funds Raised % Number of Rounds  The United Kingdom  $200.00M 49% 1 Undisclosed  $138.38M 34% 14 The United States  $32.00M 8% 6 Singapore  $28.75M 7% 2 Estonia  $3.30M 1% 1 The UAE $3.00M 1% 2

The United Kingdom reports the highest fund raised of $200.00M. The undisclosed category follows with an overwhelming $138.38M fund raised. The US and Singapore showcases $32.00M and $28.75M, respectively. Estonia records $3.30M and the UAE $3.00M. 

8.5. Most Active Crypto VC Jurisdictions 

The US, Singapore, China, the UK, Switzerland, and the UAE are the most active crypto venture capital jurisdictions.  

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Crypto VC Jurisdiction  Number of Projects (June 1 – 8, 2024) The USA 47 Singapore  15 The UK 8 Seychelles 5 South Korea  4 China  3

The USA shows the highest number of projects of 47. Singapore follows with 15 projects. The UK marks eight projects and Seychelles displays 5 projects. South Korea and China record 4 and 3, respectively. 

9. Web 3, Blockchain & Crypto Hack Updates 

The total value hacked is $8.21B. The total value hacked in DeFi is $5.97B, and total value hacked in Bridges is $2.83 billion. 

[ Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)] Total Value Hacked  $8.21BTotal Value Hacked in DeFi$5.97BTotal Value Hacked in Bridges $2.83B Project Name  Amount Lost  Date  Velocore $6.8M 2 June, 2024

Velocore, the first hack registered this month, was reported on 2nd June, 2024. Nearly $6.8 million was lost in this hack. 

Endnote  

This report provides a comprehensive analysis of the current performance of various blockchains and cryptocurrencies, including Bitcoin, Altcoins, Stablecoins, AI Coins, Memecoins and Metaverse. It highlights trending coins, top gainers and losers, and delves into Crypto ETFs such as Bitcoin Spot ETFS, Bitcoin Futures ETFs, and Ethereum Futures ETFs. Additionally, it examines centralised, decentralised, and derivatives crypto exchanges, DeFi protocols, and NFT marketplaces. The report also covers crypto fundraising activities, prominent investors, key investment locations, and notable crypto hacks reported lately.  

Also Discover the price prediction of your favorite cryptocurrency. We include a range of Price Predictions made by various crypto experts.

The post Top Tokens Could Attract Huge Liquidity by Facing a 10% Plunge in the Coming Week appeared first on Coinpedia Fintech News

With the weekly close on the horizon, many cryptos have been exhibiting tremendous volatility. While the Bitcoin price slumped below $70,000, many of them also faced a significant bearish action, which slashed many of the tokens below their respective support. Despite this, the possibility of a strong rebound remains pretty high, which may fade with the beginning of the fresh weekly trade. 

Below are the tokens that could face a 6% to 8% plunge and attract fresh liquidity to the platform. 

Bitcoin (BTC) 

The BTC price rally has reached the lower support of the rising parallel channel and the technicals have flashed a buy signal 

The MACD displays a drop in the selling pressure within the positive range, which suggests the platform may soon receive enough buying volume

Moreover, the stochastic RSI has reached the lower threshold and looking for an opportunity for a bullish reversal

Therefore, the BTC price is expected to, however, continue to support lower levels throughout the weekend, followed by a bullish reversal towards the average bands of the channel close to the ATH.

Ethereum (ETH) 

After the latest pullback, the Ethereum price has landed in the interim support zone between $3663 and $3716

Similar to Bitcoin, the MACD is close to undergoing a bullish reversal but the levels remain within the negative range, which could be a matter of concern

Alongside, the StochRSI is unable to rise above the lower threshold as the levels are close to triggering a bearish crossover

Therefore, the ETH price is expected to follow the BTC price rally and attract liquidity after undergoing a minor pullback below $3600 

Currently, the top two tokens have been deprived of buying volume, which could have elevated the prices finely. Hence, if the Bitcoin & Ethereum prices head towards their key support levels of $68,800 and $3,500, then a huge liquidity influx may revivie a fresh bullish trend.

The post Bitcoin, Ethereum, and XRP Price Prediction: Will Bulls Make A Comeback This Week? appeared first on Coinpedia Fintech News

The crypto market has displayed a strong bearish price action over the past few days, indicating increased bearish price sentiment in the crypto space. Moreover, top altcoins show a similar trend by recording a negative trend in their valuations.

Furthermore, top tokens have recorded a significant correction in their respective portfolios, with the market leaders Bitcoin and Ethereum tokens plunging below their important support levels, highlighting a negative outlook for these tokens during the coming time.

With the rising price volatility in the cryptocurrency market, will Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) tokens record a strong bullish bounceback in their respective portfolios during the upcoming week?

BTC Price Records A Bearish Reversal:

Despite increased price volatility in the crypto market, Bitcoin price continues to trade in a closed range between $67,775 and $73,750, indicating a weak price action. However, BTC has jumped 10.34% within the past 30 days and has a YTD return of 64.20%, indicating a long-term positive influence.

TradingView: BTC/USDT

The Simple Moving Average (SMA) displays a high possibility of a bearish crossover in the 1D time frame, suggesting increased negative influence for the BTC token in the crypto space.

The technical indicator, MACD, shows a constant flatline in the chart, indicating a weak price action for the BTC price in the market. Moreover, the averages display a neutral trend, highlighting a mixed sentiment.

If the market holds the Bitcoin price above the support level of $67,775, the bulls will regain momentum and prepare to retest its ATH in the coming time. However, bearish price action could pull the BTC coin price toward its lower support level of $60,000 this month.

Ethereum Price Fails To Hold Its Value Above $3.7K!

After holding its price above its important support level of $3,730 for about three weeks, the ETH price has lost momentum due to increased bearish sentiment in the crypto space and has recorded a correction of 3.5% within the past day and 2.26% over the past seven days. 

TradingView: ETH/USDT

The Relative Strength Index (RSI) fails to breach the overbought range, resulting in it recording a sharp plunge toward the mid-point. Furthermore, the average shows a bearish curve, suggesting a negative outlook for the Ethereum price in the coming time.

If the market pushes the ETH coin price above the resistance level of $3,370, the bulls will regain momentum and prepare to test its upper resistance level of $4,100 during the upcoming weeks. Conversely, if the bears continue to dominate the market, it will test its low of $3,400 this month.

Ripple Price On The Verge Of A Major Break Down?

The Ripple token continues to display a weak price action by trading under a bearish influence. The XRP price has recorded a correction of 4.28% within the past day and 3.71% over the past week. Moreover, the Ripple price has lost 4.12% within the past month and has a YTD return of -20.64%.

TradingView: XRP/USDT

The RSI displays a sharp fall toward its oversold range after failing to hold above the neutral point, highlighting increased selling pressure in the crypto space. On the other hand, the average displays a bearish convergence, suggesting a negative outlook for the XRP token in the coming time.

If the bulls regain power, the Ripple price will prepare to retest its resistance level of $0.5340 during the upcoming weeks. Negatively, if the bears continue to dominate the market, the XRP coin price will plunge toward its crucial support level of $0.480.

Conclusion:

With the increased price fluctuations in the cryptocurrency space, top altcoins continue to record mixed sentiments. However, the market is predicted to display a strong bullish reversal during the upcoming weeks.

Moreover, Bitcoin price is expected to make a strong comeback with a high potential to record a new all-time high (ATH) in the coming time. This could further lead to Ethereum, and XRP tokens following in their footsteps by experiencing a similar price action and adding significant value to their respective portfolios.

The post Top Altcoin to Have a Close Watch Next Week, They May Trigger a Strong Upswing Soon appeared first on Coinpedia Fintech News

The crypto market is about to enter the weekend trade and as expected, a slight rise in volatility was observed. As a result, the Bitcoin price underwent a minor pullback below $70,000, which has changed the possibility of forming a new ATH. In the meantime, some of the altcoins have gained momentum and are expected to trigger a healthy upswing in the coming week. 

Injective (INJ) 

The latest surge in the markets had assisted the Injective price to break out from the falling wedge. The price has reached one of the crucial resistance zones and if it enters the zone, then the price is expected to trigger a healthy upswing to hit $31. However, the technicals suggest the price may consolidate for a while before the bullish breakout. Hence, after closing the weekly trade on a bearish note, the INJ price is expected to maintain a healthy upswing throughout the week ahead. 

Wormhole (W) 

Wormhole has gathered huge attention ever since its inception, however, the price maintained a steep bearish trend. However, the price is trying hard to rise above the bearish captivity and the upcoming bullish weekly close could substantiate the bullish claim. The RSI is incremental and forming constant higher highs and lows, suggesting a constant growth in the price can be expected hereafter, which may lead the W price to reach $1. 

JasmyCoin (JASMY) 

JasmyCoin’s price has been the centre of attention after it soared over 500% in the past couple of months. After reaching the crucial resistance, the price has maintained a strong ascending trend and reached $0.04, which indicates the continuation of the bullish trend ahead. The JASMY price is expected to close the weekly trade above $0.041, which may pave the way for a bullish week ahead with a huge possibility of achieving higher targets close to $0.05. 

Stacks (STX) 

Similar to the other altcoins, Stacks was trading within a steep bearish trend for over a month, which was broken in the past few days. With this, the bulls have gained momentum and appear to be self-assured of maintaining a strong ascending trend. The price, after a breakout, underwent a retracement, which further opens the door for a fresh upswing, which may help the STX price regain the crucial resistance zone between $2.77 and $2.87 in the coming week. 

Toncoin (TON) 

Toncoin has been one of the biggest surprises of the year, as the token led a fine rally to enter the top 10 cryptos. Ever since the token marked a new ATH, it has remained stuck within the zone and failed to rise above it. However, the price is expected to break above the resistance and hit $8, which will be a new ATH followed by a bearish pullback. 

The post Ripple And Binance Coin’s 63,000% Rally In The Cards, But Hidden Crypto AI Token Might Outshine Them appeared first on Coinpedia Fintech News

Profit or loss, buying-and-dumping activities never end in the crypto market, and investors always look to be on the right end. Meanwhile, top crypto coins like Ripple (XRP) and Binance Coin (BNB) have consistently proven their mettle, and according to predictions, a rally might be on the horizon. However, innovation is the biggest attraction and catalyst for profit, and a new crypto AI project, RCO Finance (RCOF), might have what it takes to steal the spotlight.

Ripple: Optimism on SEC Case Setting Bullish Mood

Ripple has been on a rollercoaster ride, but its status as a top crypto remains intact. XRP remains among the top ten cryptos in terms of market cap.

After a good run of form in the first weeks of April, where XRP consolidated at around its yearly opening range of $0.6, XRP shed up to 29% in price value. 

However, despite trading at a YTD loss and lacking bullish momentum, XRP has shown resilience. The coin has hovered around the $5 mark and only dropped below on very few occasions. As the bulls and bears lock horns on the XRP price, Ripple’s ongoing legal battles with the SEC continue to cast a shadow on XRP’s future price trajectory.

The good news, however, is that there are rumours in crypto circles about Ripple getting a positive outcome in the SEC case. Investors’ optimism is now on the high. There have been noticeable whale activities on the Ripple charts.

FX Leaders recently reported whale activities worth 80 million XRP coins, further affirming the renewed confidence in the Ripple project. Whether the signs are correct or not is only a matter of time, so experts’ fingers are crossed on this one.

Binance Coin: BNB Sets New ATH: What’s Next?

For some time now, Binance has been hit by different regulatory bodies across various countries, particularly the U.S. So, when news broke a few months ago that Nigeria, one of its largest users in Africa, has restricted its operations in the country, many people forecasted a downtrend for its BNB coin–and that made logical sense.

However, after bad press and unimpressive price movements, BNB is back up and making waves in the crypto market again. Binance Coin has shown remarkable resilience and innovation.

The project has continued to forge new partnerships–the latest being the integration of Binance Coin with MoonGate–and all of that has paid off.

Last week, Binance Coin recorded a 17% gain. And just a few days ago, BNB set a new ATH, peaking at $712.59. While the BNB price pump has slowed slightly, the bulls are still optimistic about further uptrends.

RCO Finance: AI Leading Investors to Profits With DeFi

While Ripple and Binance Coin are already household names in the crypto market, RCO Finance is still a new project. The fresh ingredients the crypto AI is bringing into the DeFi space are hard to ignore.

RCO Finance combines AI and machine learning models to create a trading platform where newbies and experienced investors get all the insights they need to make profits.

With RCO Finance, investors have a project that protects them against the pump-and-dump scenarios. Twelve percent of tokens are locked for liquidity for three years, preventing market manipulation. RCO Finance also has a deflationary mechanism to protect its investors against inflation. 

Notably, 50% of the total RCOF token supply has been allocated for public sale. After the presale, the leftover RCOF tokens will be burned permanently to spike the token price by as high as 3,000%. So, even a $1,000 investment in RCOF’s current Stage 1 presales could yield almost $30,000 when the project launches.

You Do Not Want to Miss the RCOF Presale: 3,000% Gains Guaranteed!

Many investors still regret their missed chances on projects that have become major hits in the crypto market. While Ripple and Binance Coin are exciting options, RCOF could be the most promising prospect for the biggest profit in the crypto market.

The RCO Finance project is leading the way into crypto AI–a field garnering a lot of attraction in the DeFi industry–and it’s almost certain that this one will find its way into the hearts of investors and the top.

Notably, RCOF is now in Stage 1 of the presale and selling at $0.01275 per token. Profits start as soon as the price spikes to $0.03437 in Stage 2. But here is the most exciting part: the launch price of RCOF is set at $0.4, which makes it the best crypto to buy now!

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

The post Massive Liquidation Detected: Is Bitcoin Heading Toward a Historical Bull Trap?  appeared first on Coinpedia Fintech News

As the trade approaches the weekend, the rally is turning in favour of the bears as the star token experienced huge selling pressure. The price, which was about to surpass one of the important resistances at $71,500, slashed hard close to the key support zone between $68,096 and $68,581. While the market participants speculate for a strong rebound to regain the lost levels, the trade setup suggests the BTC price could head towards lower levels below the support zone. 

Presently, the total open interest in Bitcoin is still hovering around $20 billion. These levels are similar to that of the previous cycle when it topped, which suggests the price is around the same level. Therefore, if the price breaks higher, then the open interest may also go higher. This scenario remains open as the token continues to hold above the crucial support zone as the traders have acquired a huge amount of Bitcoin at a certain range. 

A popular analyst, ALI, shared some interesting information about 1.97 million addresses acquiring nearly 964,000 BTC, which is anchored between the support levels between $69,380 and $67,350. Therefore, the analyst suggests that Bitcoin is required to hold and sustain at these levels to trigger strong upward momentum. Regardless of the mounting bearish pressures, the price continues to remain within an ascending parallel channel, substantiating the bullish claim. 

The Bollinger bands are squeezing, while the DMI has also started contracting, which suggests the price is experiencing a major volatility squeeze. This could result in a huge price action, while the direction could be highly dependent on the volume induced. The current trade set-up suggests that the bears have gained huge momentum due to the possibility of a bearish pullback. 

Therefore, the Bitcoin price, which is trying to find a base in the average range of the bands, may enter the key support zone and if bulls fail to display their strength, a steep plunge to $66,800 may be imminent. 

The post Crypto Regulations in Argentina 2024 appeared first on Coinpedia Fintech News

Argentina, officially called the Argentine Republic, is a country in South America. It’s one of the biggest countries globally and the second largest in Latin America. In Argentina, Bitcoin isn’t recognized as official money because it’s not issued by the Central Bank. However, there are no rules against using it. Both mining Bitcoin and trading it are legal in Argentina. Bitcoin is treated as a commodity under the Argentine Civil Code, and its transactions follow the rules of that code.

Argentina keeps tight control over foreign currencies to guard against inflation and prevent money from leaving the country. Only the Central Bank of Argentina can make legal currency. Despite this, Argentina is open to adopting cryptocurrencies.

Argentina Crypto Regulations 2024

30-05-2024 : Argentina’s President Milei Meets Tech Leaders to Improve Business Relations

Argentinian President Javier Milei met with high-profile figures during his visit to Silicon Valley in California, including top tech CEOs like Sam Altman. He used the opportunity to promote business relations with Argentina, emphasizing its potential under his leadership.

25-03-2024 : Argentina Implements Registration Rules for Crypto Companies

Argentina’s securities regulator, Comisión Nacional de Valores (CNV), announced that unregistered virtual asset service providers cannot operate in the country. The move aligns with FATF recommendations. Crypto firms must register with the government to comply with Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT) laws.

Government stance on Cryptocurrencies

Argentina’s stance on cryptocurrency is evolving, with ongoing changes shaping its regulatory environment. While Bitcoin isn’t legal tender, there is no outright ban on cryptocurrencies. In late 2022, the government set up a National Blockchain Committee to explore cryptocurrency regulation. In 2023, Buenos Aires announced plans to run validator nodes on the Ethereum blockchain and issue blockchain-based digital IDs, showing a commitment to blockchain technology.

Despite relaxed crypto policies, the Central Bank of Argentina (BCRA) prohibits banks from trading digital assets or offering crypto services. Argentina has no specific regulations for cryptocurrencies or securities laws. The National Securities Commission (CNV) has warned investors about the risks of initial coin offerings (ICOs) and clarified that some ICOs might fall under its control. In May 2021, the CNV and the Central Bank issued a joint statement about the risks of using and investing in crypto assets.

Cryptocurrencies like Bitcoin are defined by the Financial Information Unit (UIF) as digital representations of value that can be traded digitally, acting as a medium of exchange, a unit of account, and a store of value, but they are not legal tender and are not issued or guaranteed by any government in Argentina. The anti-money laundering (AML) law requires certain entities, such as brokers, credit card companies, and insurance companies, to comply with the Know-Your-Customer (KYC) process and report suspicious transactions to the UIF.

Taxation of Crypto in Argentina

On February 2, 2024, Milei’s presidency, Argentine government proposed comprehensive bill “Law of Foundations and Initial Measures for Argentine Liberty.” This legislative proposal, driven Interior Minister Guillermo Francos, aims ease tax burdens various sectors Argentina.

One notable aspect legislative move omission provisions cryptocurrencies tax declarations. Previously, cryptocurrency owners privilege declaring holdings enjoying favorable fixed tax rate. However, proposed legislation passes, holding cryptocurrencies Argentina incur taxes. Holding crypto remain untaxed, tax obligations arise capital gains generated sales, and too, specific threshold.

Additionally, international transfers cryptocurrencies subject tax rate ranging 5% 15%, aiming attract foreign cryptocurrency investments. Notably, bill proposes provision declaring cryptocurrencies without necessitating evidence origin.

Cryptocurrency Mining in Argentina

Mining cryptocurrencies is permitted in Argentina and there are no specific rules or regulations on crypto mining at present.

Crypto mining booms on cheap subsidized energy in Argentina. A town called Serodino with 6,000 residents of Argentina is looking to upgrade its rail infrastructure funding by crypto mining. The town has begun purchasing graphic cards and mining equipment to generate income via crypto mining to gather funds for upgrading its rail infrastructure. The minted cryptocurrencies are then converted into Argentina’s fiat currency to finance some infrastructural renovations.  

Historical Events & Announcements

21-12-2023 : Argentina’s Foreign Minister Approves Bitcoin Use in Contracts and Payments

Ratificamos y confirmamos que en Argentina se podrán pactar contratos en Bitcoin.

— Diana Mondino (@DianaMondino) December 21, 2023

Argentina’s Foreign Minister, Diana Mondino, announced a decree allowing Bitcoin and other cryptocurrencies for contracts and payments. The decree, aimed at economic reform, permits their use under specific conditions, marking a significant step towards cryptocurrency acceptance in the country.

19-04-2022: New anti-Crypto Austerity Regime by IMF crafts Argentina.

The International Monetary Fund (IMF) after two years of wrangling approves a new $45 million refinancing agreement with Argentina. By offering Argentina a much-needed reprieve from debt payments until 2026, the IMF sweetened the deal. 

13-04-2022: Argentina Securities Regulator launches innovation hub to discuss regulated crypto investments.

18-11-2021:Crypto sales and purchases are subject to the tax of up to 0.6% on banking debits and credits. Argentina updates its “check tax” rules to clarify crypto exchanges are not exempted.

08-11-2021: Argentina uses Lemon a Crypto app or Card in Argentina to support ETH,USDT, DAI, and supports BTC

23-04-2020:- The Central Bank of Argentina joined hands with IOV labs, a Bitcoin startup to work on the blockchain-based payment network.

26-11-2019:- Argentina introduces new Tax rules and includes 11 new cryptos in its authorized cryptocurrency list allowed to trade.

01-11-2019:- The Central Bank bans the purchase of Bitcoins using credit cards to preserve the country’s foreign exchange reserves.

07-02-2019:– Public transport in Argentina got access to receive payments in Bitcoin. The customers already use a national contactless smart card which can be loaded with Bitcoins. 

Conclusion

Argentina’s cryptocurrency rules are changing as the country deals with economic issues like inflation. More people are using crypto, and this is shaping how Argentina regulates it.

Government agencies are getting involved, and discussions about the Finance Bill in 2024 will clarify how cryptocurrency can be used for buying, trading, and investing in Argentina. The number of people investing in Bitcoin, Tether, Ethereum, or Dai has grown tenfold in Argentina.

The post Top Low-Cap Altcoins Poised for a 15X Price Rally in June Ahead of the Upcoming Bull Market appeared first on Coinpedia Fintech News

Investors are eagerly eyeing potential breakout opportunities in the altcoin market as the bull run of 2024 gains momentum. Several low-cap coins are showing signs of significant upside. Analysis suggests that some of these lesser-known assets could experience remarkable price rallies. This article uncovers those promising contenders. Get ready to explore which altcoins could lead the charge and capture substantial gains soon.

CYBRO Presale: A Rare Investment Opportunity

CYBRO is gaining significant attention among crypto whales through its exclusive token presale. This cutting-edge platform provides investors with unparalleled opportunities to maximize their earnings in any market condition.

Market experts predict a potential ROI of 1200%, with CYBRO tokens priced at just $0.025 each during the presale. The project, renowned for its technological sophistication, has already attracted prominent crypto whales and influencers, indicating strong market confidence and interest.

CYBRO token holders will benefit from lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a comprehensive insurance program within the platform.

With only 21% of the total tokens available in this presale and approximately 25 million already sold, this represents a prime opportunity for savvy investors to secure a stake in a truly unique project.

Gnosis (GNO) Shows Bullish Momentum, Heading Towards Key Resistance Levels

Gnosis (GNO) is currently showing strong upward momentum, hovering within a higher price range over recent periods. Indicators point to continued bullish sentiment as the coin approaches key resistance levels. With positive movements in short, mid, and long-term trends, GNO remains a favoured choice. As a tool for prediction markets and decentralized finance, it continues to gain traction, reaffirming its potential for further growth. Investors are closely watching for potential breakthroughs.

Worldcoin’s Market Sentiment: Analyzing Recent Trends and Potential Impact

Despite recent short-term price declines, Worldcoin shows a significant long-term uptrend. The current price is fluctuating close to its 10-day and 100-day moving averages. While it faces resistance, its mid-range strength indicators suggest balanced demand. Given its primary focus on digital identity and financial access, the price stabilization could foster renewed interest among cautious investors looking for long-term potential, especially if community adoption grows.

Wormhole Price Trends Suggest Upcoming Volatility

Wormhole’s recent price changes indicate a significant surge, pointing towards high interest. The resistance and support levels are close to current prices, showing potential for sharp movements. Indicators such as RSI and Stochastic suggest mixed market engagement. The short-term moving average being higher than the long-term one signifies positive momentum. Overall, the market sentiment appears to lean towards cautious optimism. This dynamic could draw more investors, enhancing liquidity and potentially driving prices up further.

Conclusion

GNO, WLD, and W might show less potential in the short term. However, CYBRO stands out. This unique earn marketplace harnesses the native yield potential of the Blast blockchain. The first release is planned for Q2 2024. Early investors can enter on favourable terms by joining the CYBRO token presale. This opportunity makes CYBRO a promising choice for those looking to benefit from the upcoming bull market.