In a market awash with volatility, three cryptocurrencies have emerged as beacons of stability and potential. Pepe Coin (PEPE), Retik Finance (RETIK), and Dogwifhat (WIF) are poised to redefine the crypto landscape in 2024, offering investors unparalleled opportunities for growth and diversification. As Cardano (ADA) grapples with underperformance, savvy traders are turning their attention to these promising alternatives, each with its unique strengths and value propositions.

Retik Finance (RETIK): A Trailblazer in Decentralized Finance

Retik Finance (RETIK) has taken the crypto world by storm with the launch of its Virtual DeFi Debit Card. This groundbreaking innovation allows users to seamlessly bridge the gap between digital assets and real-world transactions, revolutionizing the way we interact with decentralized finance (DeFi).

The project has already achieved significant milestones, with its Retik Pay and Retik Wallet features garnering widespread acclaim. Retik Pay enables users to make payments using their digital assets, while the Retik Wallet serves as a secure storage solution for cryptocurrencies. Moreover, Retik Finance’s AI-powered lending platform is a game-changer, offering users the ability to leverage their assets for financial growth. The platform’s advanced algorithms ensure efficient and secure lending practices, providing a seamless experience for borrowers and lenders alike. With its cutting-edge features and unwavering commitment to innovation, Retik Finance (RETIK) is positioning itself as a formidable force in the DeFi arena.

Presale Victory Prompts $5,000 Giveaway from Retik Finance 

Following the extraordinary success of its presale, Retik Finance is expressing gratitude to its dedicated community through a $5,000 giveaway. The innovative DeFi platform is encouraging supporters to capture the celebratory spirit by creating and submitting unique photos, videos, or memes commemorating the presale’s victory. Twenty-five fortunate winners will be chosen, each receiving a $200 cash prize for their exceptional submissions. As Retik Finance capitalizes on this momentum, the team is actively pursuing listings on two major top-tier exchanges, with announcements forthcoming on their social media channels.

Pepe Coin (PEPE): The Meme Coin Phenomenon

Pepe Coin (PEPE) has captivated the crypto community with its meteoric rise and unwavering popularity. As a meme coin, PEPE has tapped into the collective zeitgeist of internet culture, fostering a dedicated following and driving significant price appreciation. Recent reports indicate that Pepe Coin whales have amassed staggering profits, some reaching 400% on their investments. This surge in value has fueled renewed interest in meme coins, with PEPE leading the charge as a formidable contender in the market.

Dogwifhat (WIF): The Meme Coin Powerhouse

Dogwifhat (WIF), another meme coin sensation, has taken the crypto world by storm. Launched in November 2023, WIF has skyrocketed more than 10,000x, with its price chart showing no signs of slowing down. As of April 1, 2024, Dogwifhat’s price stands at $4.09, with a market capitalization of over $4 billion and more than 62,000 token holders. Analysts predict that WIF could reach $3.50 by the end of 2024, and potentially soar to $7-$12.50 by 2030, cementing its status as a meme coin powerhouse.

Conclusion: Diversify Your Portfolio for Maximum Gains

As the crypto market continues to evolve, investors must remain agile and adaptable, seeking opportunities that align with their risk appetite and investment goals. By diversifying their portfolios with promising cryptocurrencies like Retik Finance (RETIK), Pepe Coin (PEPE), and Dogwifhat (WIF), investors can mitigate risk while positioning themselves for substantial gains. Retik Finance’s Virtual DeFi Debit Card, coupled with its innovative lending platform and wallet solutions, offers a unique value proposition in the DeFi space. Meanwhile, Pepe Coin and Dogwifhat capitalize on the enduring appeal of meme coins, captivating audiences and driving remarkable price appreciation.

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Twitter: www.twitter.com/retikfinance

Telegram: www.t.me/retikfinance

In a bold move, the AI chatbot ChatGPT, when tasked with building an ideal crypto portfolio with just three coins, surprisingly omitted Cardano, a once-promising blockchain project. Instead, the AI chose to focus on the trio of Solana, Retik Finance, and Dogwifhat, asserting that these three cryptocurrencies have the potential to outshine the market in 2024. 

Solana: The Scalable Blockchain Powerhouse

Solana, the high-performance blockchain network, has been making waves in the cryptocurrency space with its impressive scalability and low transaction fees. Defying broader market uncertainty, the SOL price has showcased a notable upswing of 12% in the past week alone. Following a healthy retracement, the Solana coin has developed a bullish continuation pattern called a pennant, bolstering the potential for a sustainable rally. With a 24-hour trading volume of $3.5 billion, indicating a 29% gain, Solana’s momentum shows no signs of slowing down.

Retik Finance: Pioneering DeFi Debit Cards and AI-Powered Lending

Retik Finance, a relatively new player in the decentralized finance (DeFi) arena, has taken the crypto world by storm with its innovative offerings. The project has already launched its virtual DeFi debit cards in beta, a year ahead of schedule, allowing users to bridge the gap between digital assets and real-world transactions seamlessly. Furthermore, Retik Finance boasts a suite of cutting-edge features, including a user-friendly wallet, a secure payment system (Retik Pay), and an AI-powered lending platform. These offerings have positioned Retik Finance as a frontrunner in the DeFi space, attracting investors and traders seeking practical utility and user-centric innovation. Notably, Retik Finance has already garnered significant recognition, having been listed on renowned platforms like CoinGecko and CoinMarketCap. Additionally, the project has successfully undergone a rigorous audit by the renowned security firm Certik, further solidifying its credibility and commitment to transparency.

Dogwifhat: The Meme Coin Phenomenon

Dogwifhat, the Solana-based meme coin featuring a Shiba Inu wearing a knitted hat, has taken the crypto world by storm. Since its launch in November 2023, Dogwifhat has skyrocketed more than 10,000x, with its price chart still aiming for the moon. On April 1st, 2024, the Dogwifhat price reached an all-time high of $4.09, marking a staggering 12.51% increase in just 24 hours. With a market cap of $4.09 billion and over 62,000 token holders, Dogwifhat has cemented its place as a force to be reckoned with in the meme coin realm. Analysts predict that Dogwifhat’s meteoric rise is far from over, with some projecting the token could reach a price of $3.50 by the end of 2024, and potentially $7-$12.50 by 2030.

Retik Finance Celebrates Presale Success with a $5,000 Giveaway

In the aftermath of its remarkable presale achievement, Retik Finance is expressing appreciation toward its devoted community through a $5,000 giveaway. Twenty-five fortunate individuals will be selected, each receiving a $200 cash prize for their exceptional submissions. As Retik Finance builds upon this momentum, the team is actively working to secure listings on two major top-tier exchanges, with forthcoming announcements on their social media channels

The Future of Crypto: Embracing Innovation and Utility

As the crypto market continues to evolve, investors are increasingly gravitating towards projects that offer tangible utility and innovative solutions. Solana, Retik Finance, and Dogwifhat have emerged as prime examples of this trend, each carving out a unique niche and addressing specific needs within the crypto ecosystem. While Solana’s scalable blockchain network addresses the demand for efficient and cost-effective transactions, Retik Finance’s virtual DeFi debit cards and AI-powered lending platform cater to the growing need for practical applications in the DeFi space. Dogwifhat, on the other hand, has tapped into the ever-growing popularity of meme coins, capturing the imagination of investors seeking a fun and potentially lucrative investment opportunity.

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Twitter: www.twitter.com/retikfinance

Telegram: www.t.me/retikfinance

 TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week.

Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in force. Tickets for TOKEN2049 Dubai sold out nearly three weeks prior to the event, with 10,000 attendees expected. Despite the UAE’s heaviest rainfall in 75 years, the conference opened to a full-house. 

Alex Fiskum, Co-Founder of TOKEN2049 said: “This week we witnessed the determination of the crypto industry first hand. Our team worked around the clock to ensure that the conference proceeded without any disruptions, maintaining the highest standards of hospitality for our attendees. Our programme proceeded and our doors opened as planned, welcoming attendees to a comfortable, immersive, and action-packed event. We are immensely proud of everyone who contributed to making TOKEN2049 Dubai an overwhelming success.”

TOKEN2049 Dubai was host to 90% international attendees hailing from over 160 countries worldwide. The global crypto community came out in full strength to participate, showcasing the growing reputation of Dubai as a hub for crypto innovation. The global representation also cemented TOKEN2049 as the marquee industry event in the crypto calendar, not to be missed. 

Travel disruptions early in the week saw large numbers of speakers and attendees diverted across the Middle East, all of whom surmounted significant obstacles to attend and participate at TOKEN2049 Dubai. Amongst the 200+ leading industry voices who took to the stage to share their insights, discuss the most prevalent topics in Web3, and unveil exciting news announcements were Pavel Durov, the visionary CEO of Telegram; Richard Teng, CEO of Binance; Paolo Ardoino, CEO of Tether; and Arthur Hayes, Co-Founder of BitMEX. 

Some standouts include a joint announcement onstage by Tether and Telegram that USDT will launch on the The Open Network (TON) and Telegram wallet; Polkadot’s Gavin Wood introduced a new JAM chain graypaper; Berachain announced a collaboration with Google Cloud; and Telos unveiled a partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network, amongst many more ground-breaking announcements.

Fiskum continued: “We have received overwhelmingly positive feedback from all participants across TOKEN2049 Dubai. Energized by this success, we now shift focus to prepare for the industry’s largest event of the year — TOKEN2049 Singapore, taking place on September 18-19 before the Formula 1 Grand Prix weekend. TOKEN2049 Singapore will welcome 20,000 attendees to the iconic Marina Bay Sands, continuing to set new standards for the industry.”

TOKEN2049 Dubai will return in 2025, promising an even more immersive experience for prolific industry leaders, Web3 builders, global entrepreneurs, and tens of thousands of crypto enthusiasts. 

TOKEN2049 is hosted annually in Dubai and Singapore. For more information and updates on TOKEN2049, please visit: https://www.token2049.com. 

About TOKEN2049

TOKEN2049 is a global conference series, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is a global meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and Web3 industry. TOKEN2049 is hosted annually in Dubai and Singapore.

Media Contact

E: token2049dxb@wachsman.com

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Cheeky Crypto predicts a $33 billion surge for XRP by 2025, despite recent price fluctuations.

XRP’s cross-border solutions and steady trading hint at a coming surge, boosted by regulatory clarity and Ripple’s technology adoption.

Regulatory clarity could fuel institutional adoption, as Ripple’s initiatives attract more users, increasing XRP’s value.

Ripple (XRP) has been at the center of attention, with experts and enthusiasts alike speculating on its future price trajectory. In a recent analysis, Cheeky Crypto, a prominent cryptocurrency analyst, has delved into the potential for a significant rally in XRP, forecasting a staggering $33 billion surge by 2025.

At press time, XRP was trading little over 50 cents. It had risen by 0.4% over the previous day and by a more notable 3% over the previous week. Cheeky Crypto has pointed out a notable rush of inflows into XRP, in contrast to the withdrawals observed in Bitcoin and Ethereum, despite the less-than-ideal recent price behavior.

XRP Stands Out Amidst Market Turbulence

The analyst suggests that XRP is standing out among cryptocurrencies for several reasons, potentially including its cross-border solutions. The substantial consolidation in price, with XRP trading between $0.46 and $0.50, hints at the possibility of an imminent surge, drawing the attention of investors and traders alike.

According to Cheeky Crypto’s estimate, XRP’s market capitalization might rise by $33 billion by 2025, driven by a variety of factors such as market expansion, regulatory clarity, and increased usage of Ripple’s revolutionary technology.

This surge in market cap could translate into a significant appreciation in XRP’s value, with the analyst projecting the price to range between $5.59 and $11.26 by the end of the year.

Regulatory Clarity and Adoption Fuel XRP’s Growth Potential

One of the key factors influencing XRP’s growth potential is the ongoing regulatory uncertainty surrounding the cryptocurrency market. As regulatory bodies worldwide work to establish clear guidelines and frameworks for digital assets, the resolution of these uncertainties could pave the way for increased institutional adoption and mainstream acceptance of cryptocurrencies like XRP.

Moreover, Ripple’s cross-border payment solutions and initiatives have been gaining traction, with an increasing number of financial institutions and businesses exploring the potential of blockchain technology in streamlining international transactions.

As more entities adopt Ripple’s technology, the demand for XRP, which plays a crucial role in facilitating these transactions, is expected to grow, further fueling its price appreciation.

Meme coins like MEW, FLOKI, PEPE, and MEME gain attention for potential gains amidst market anticipation post-Bitcoin halving.

MEW leads with 33% surge in 24 hours, targeting $0.012, appealing for portfolio diversification.

FLOKI eyes $0.00020, PEPE targets $0.0000177 with 60% surge, showing breakout potential.

As the cryptocurrency market anticipates a stronger recovery post-Bitcoin halving, a fresh entry of meme coins in the top performers list has caught the attention of smart investors.

While established players like Dogecoin (DOGE) and Shiba Inu (SHIB) are making conservative moves, these underrated low-cap coins are emerging as the choice for those seeking potentially higher returns.

With the market sentiment turning bullish and the hype surrounding meme coins growing, these lesser-known tokens offer a unique opportunity for sideline traders to capitalize on potential breakouts. Let’s take a closer look at these underrated meme coins that are ready to deliver massive gains in the coming time.

Cat In A Dog World (MEW) 

Cat In A Dog World (MEW) stands out as a cat-themed coin in a meme coin sector primarily dominated by dog-themed top performers. The MEW price has recently experienced a bullish reversal, surging by 33% in the last 24 hours and breaking through a resistance trendline.

As the trend momentum builds, MEW could potentially surpass the $0.008683 mark and climb towards $0.012. This unique positioning and the growing interest in the token make it an attractive option for investors looking to diversify their meme coin portfolios.

Floki Inu (FLOKI) 

Floki Inu (FLOKI) is currently trading within a falling channel on the 4-hour chart, indicating a larger pullback phase in motion. However, the short-term reversal within the channel suggests a potential breakout rally, which could lead to a golden crossover.

With a nearly 50% increase in the last 30 days, the FLOKI price is inching closer to the psychological mark of $0.00020. If the breakout rally materializes, the hype surrounding the meme coin could intensify, propelling the price towards $0.000040.

Pepe Coin (PEPE) 

Pepe (PEPE) has emerged as a top meme coin contender, showcasing a breakout rally that signifies the beginning of a prolonged bullish trend. If the broader market recovery continues, PEPE has the potential to deliver a 10x return in 2024.

Having broken beyond a falling channel, the meme coin has surged by 60% in the last six days, forming a streak of bullish candles. As the uptrend approaches the trend-based 50% Fibonacci level at $0.000008966, the retracement levels suggest that the breakout rally could target the $0.0000177 mark or even the 1.618 level.

Memecoin (MEME) 

Memecoin (MEME), one of the youngest top names in the meme coin sector, presents a bullish reversal entry opportunity for investors. With a recent bounce back, the MEME token value has risen by 23% in the last seven days.

This reversal has positioned the MEME price to challenge the 50-day Exponential Moving Average (EMA) and potentially the resistance trendline in the near future. The bullish crossover of the Moving Average Convergence Divergence (MACD) and signal line further strengthens the likelihood of an uptrend.

The investor predicts a decline in BTC prices, but he thinks the gold market correction is gone.

Bitcoin has fallen 3.85% in the last 24 hours, and as of this writing, its price is $64,148.

The comment by prominent investor Peter Schiff that Bitcoin, the most valuable digital asset by market cap, would not be able to maintain its psychologically significant support level of $60,000 has started trending.

The Bitcoin skeptic began his piece by assuming that the recent decline in gold prices has ended. At well over $2,300 per share, the conventional asset is selling at a premium over Schiff’s $2,000 valuation. 

Gold, he says, has hit a resistance level at $2,400, but that level won’t be there for much longer. Bitcoin, Schiff pointed out, stands in stark contrast to the gold market’s prognosis. The investor predicts a decline in Bitcoin prices, but he thinks the gold market correction is gone.

All Eyes on Key Support Level

The most popular cryptocurrency has fallen 3.85% in the last 24 hours, and as of this writing, its price is $64,148 as per data from CoinMarketCap. Schiff believes that Bitcoin has support around $60,000 but also believes that the cryptocurrency will not be able to hold this level for an extended period of time given its present pricing.

Exactly one week before this latest forecast, the critic had warned that a decline to about $20,000 may be in store if the price fell below $60,000. Even though Peter Schiff has maintained his bearish outlook on Bitcoin, it is interesting to see that BTC is now showing mixed sentiments.

One well-known crypto expert, Ali Martinez, has lately issued a warning to investors after seeing a sell signal on the Bitcoin price chart. He made a specific point about Bitcoin’s potential to go below the $65,500 mark, which would cause a dramatic decline in the value of the cryptocurrency.

Highlighted Crypto News Today:

Binance Completes 27th Quarterly Token Burn: Can BNB Hit $800?

Strike CEO Jack Mallers emphasized Bitcoin’s significance across sectors.

The expansion to Europe follows earlier moves into other jurisdictions.

As part of its efforts to encourage wider adoption of cryptocurrencies, Bitcoin payments platform Strike has revealed plans to expand its services to clients in Europe. The business announced the expansion to qualified European consumers in a recent announcement.

In an effort to bring more people in Europe into the Bitcoin ecosystem, Strike has released a full range of services. The announcement states that users may register and facilitate Bitcoin transactions.

Strategic Expansion

Following price peaks and institutional inflows, Bitcoin adoption has recently soared. Strike CEO Jack Mallers emphasized Bitcoin’s significance across sectors as a technological advancement propelling savings and interoperability.

The CEO stated:

“Bitcoin transcends borders, enhances financial inclusion, and solves some of the biggest economic problems we all face today such as inflation. As the third-largest economy globally Europe presents vast opportunities for Bitcoin adoption and we believe that Strike is uniquely positioned to serve millions of people across the continent.”

The expansion to Europe follows earlier moves into other jurisdictions. Currently, Strike serves clients in around a hundred different countries throughout North America, South America, and Africa.

Strike has stated that it would accept applications from companies to meet Bitcoin requirements, including SEPA transfers and buying/selling transactions. This comes on top of their recent announcement about onboarding European customers.

Bitcoin may be purchased by European users with limitless SEPA Euro deposits and withdrawn to Bitcoin wallets that do not need custody or other methods. Users may also take use of the withdrawal choices and cross-border payment facility to send and receive funds.

Highlighted Crypto News Today:

Binance Completes 27th Quarterly Token Burn: Can BNB Hit $800?

Binance Foundation removed nearly 2 million BNB tokens from circulation, aiming to decrease total supply.

Despite the burn, BNB’s price remained stable, later surging 110% and showing strong performance.

Technical indicators suggest the token may challenge $635 resistance, but a reversal could test support levels at $569.5 and $506.5.

The Binance Foundation recently completed its 27th quarterly BNB token burn on the BNB Chain, marking another significant milestone in the platform’s ongoing efforts to reduce the total supply of BNB tokens.

During this process, the platform permanently removed 1,944,452.51 BNB tokens, valued at approximately $1.17 billion at the time of the burn, from circulation.

The Binance burn is a quarterly event that is carried out automatically using the Auto-Burn formula. The ultimate goal of this process is to gradually decrease the total supply of BNB tokens until it reaches 100 million. At present, the total supply stands at 149,532,856 BNB tokens, showcasing the significant progress made towards achieving this target.

Binance Burn Impact on BNB Price

Following the token burn, the BNB coin price remained neutral, trading in a narrow band of $278 to $345.5 until mid-February. However, as market volatility escalated, the altcoin surged 110% before being rejected at $635.

Since then, the price has been moving in a tight range of $506.5 to $635. Despite recent consolidation, BNB has performed well across multiple timeframes.

BNB’s value has increased by 11.43% in the last seven days, and 10.12% in the last thirty days. Furthermore, the token’s Year-to-Date (YTD) performance is an incredible 94.58%, implying significant bullish price action for the Binance coin price in the next months.

Technical indicators also reinforce the positive outlook for Binance coin. The Moving Average Convergence Divergence (MACD) indicator displays a rising green histogram, indicating growing purchasing pressure in the cryptocurrency market. Furthermore, the averages show bullish convergence, which reinforces the favorable prognosis for the BNB price in the near future.

Will The Coin Price Rise Back Up?

If the positive momentum continues, the BNB coin price is projected to challenge its resistance at $635 over the weekend. If the market manages to keep the price at that level, the Binance token may try to challenge its previous all-time high (ATH) of $690.9.

However, if a trend reversal occurs, the Binance token may lose momentum and fall to test its support level of $569.5. In the event that the bears continue to dominate the market, the Binance token could potentially plunge further and prepare to test its lower support level of $506.5 in the coming weeks.

ChinaAMC’s Bitcoin and Ethereum ETFs have been greenlit, so they’re officially in the game.

The anticipated listing date for these ETFs is April 30, 2024.

Two Spot Bitcoin & Ethereum ETF pairings have been approved by the Hong Kong Securities and Futures Commission (SFC), marking a significant decision. Leading figures in the conventional banking and cryptocurrency sectors, Boshi Funds and HashKey Capital Limited, have banded together to launch this groundbreaking initiative. Also, ChinaAMC’s Bitcoin and Ethereum ETFs have been greenlit, so they’re officially in the game.

In an effort to write a new chapter in the history of the virtual asset market in Hong Kong, Boshi International has announced that they would be teaming up with HashKey. The clearance of these ETFs, in their view, will do double duty: it will increase investors’ asset allocation alternatives and further establish Hong Kong as a leading global financial and virtual asset hub.

Huge Milestone

This was also the opinion of HashKey Capital. Traditional financial institutions may now more easily allocate virtual assets, thanks to the introduction of spot ETFs for virtual assets, they said. Therefore, making it easier for both institutional and individual investors to participate. Also, by authorizing the first-ever Ethereum ETF, Hong Kong cemented its stance, making the most recent approval a huge milestone.

Boshi International claims that their currency-holding subscription system enables investors to immediately subscribe for equivalent ETF shares using Bitcoin and Ethereum, and both businesses highlight the importance of this approach. Investors will appreciate the improved accessibility and ease of use.

Simultaneously, ChinaAMC also received approval to create the ChinaAMC Ethereum ETF and the ChinaAMC Bitcoin ETF. The anticipated listing date for these ETFs is April 30, 2024. These ETFs provide investors a quick, efficient, and secure way to allocate digital assets, according to Zhu Haokang, Head of digital asset management ChinaAMC.

Highlighted Crypto News Today:

Jack Dorsey Led Block Develops Three-Nanometer Bitcoin Mining Chip

London, United Kingdom, April 24th, 2024, Chainwire

Today marks a monumental day as Hipposol, A solana memecoin proudly announces the launch of $hippos pre sale round for early participants. Drawing vibrant inspiration from the mighty and playful hippopotamus, the $Hippos token presale event begins today April 24th 2024, with a sale duration of 26 days.

Hipposol Ready To Pioneer A New Era in Memecoin

$Hippos isn’t merely another entry in the memecoin ledger; it heralds a new era where community, technology, and sheer fun merge to forge genuine value. “With $Hippos, we’re not just redefining memecoins; we’re revolutionizing how a memecoin community and digital currency coexist. This journey isn’t about speculative trading alone; it’s about crafting a community empowered to steer its course and reap substantial growth,” said King Hippo, the revered leader of the Hipposol herd.

The Hipposol team believes the $Hippos pre sale event means more than buying a token; it means joining a memecoin herd that leads. With Hipposol community-driven development approach, users insights and votes directly influenced by the $Hippos holders, Hipposol is set to be next meme sensation on Solana.

$Hippos Presale Facts:

Token Presale Rate: 1 SOL = 150,000 $Hippos

Minimum Buy: Dive in with as little as 0.5 SOL

Users can join the Solana meme adventure with Hipposol and experience a new breed of memecoin that’s ready to make waves.

For more updates and news on Hipposol memecoin;

Website | $Hippos Sale portal | Twitter | Telegram 

Hipposol is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Investing in cryptocurrencies can be volatile and dangerous.

Contact

King HippoHipposolpod@hipposol.xyz

DogeMob, a prominent player in the meme coin sector, today announced several key developments and updates that underscore its evolution from a meme-driven concept to a multi-faceted crypto platform. With a range of new features and significant community growth, DogeMob is set to enhance user engagement and utility within its ecosystem.

DogeMob has recently expanded its presence on global cryptocurrency exchanges. Following its initial listings, the platform is now actively traded on BitMart and MEXC. This expansion facilitates greater accessibility and liquidity for the $DOGEMOB token, broadening its investor base and reinforcing its market presence.

In line with its commitment to enhancing token utility, DogeMob is nearing the completion of its much-anticipated web3 game. This development is expected to introduce new functionalities for the $DOGEMOB token, integrating entertainment with transactional utility, thus enriching the user experience and engagement across its platform.

Further empowering its community, DogeMob boasts a robust governance model where token holders play a pivotal role in steering the project’s direction. Through its on-chain voting system, holders can submit proposals and vote on various aspects of the project’s development, ensuring transparency and inclusivity in its growth trajectory.

Adding to its user-centric approach, DogeMob offers a “stake and earn” program, allowing token holders to earn passive income with the flexibility to withdraw their stake at any time. This feature underscores DogeMob’s commitment to providing value and autonomy to its community.

Financially, DogeMob has demonstrated substantial market activity, with over a million dollars in aggregated daily trading volume across centralized and decentralized exchanges. Moreover, the platform’s market capitalization has grown to exceed 3 million dollars, a testament to its growing acceptance and investor confidence.

DogeMob is also verified on major crypto aggregators CoinMarketCap and CoinGecko, which offers users transparency and real-time data to make informed decisions. These listings provide credibility and enhance visibility in the competitive crypto space.

Underpinning its technological foundation, DogeMob’s smart contract has been fully audited, and viewable here, and the platform maintains rigorous standards with a comprehensive KYC process, ensuring security and compliance. Additionally, DogeMob operates with a 0% buy and sell tax policy, enhancing its attractiveness to potential investors looking for accessible crypto options.

The community around DogeMob has seen exponential growth, now boasting over 11,000 members in its Telegram group. This vibrant community is actively engaged in discussions about market trends, project developments, and the broader meme coin culture, contributing to a dynamic ecosystem.

In 2024, DogeMob is set to amplify its platform with a series of strategic expansions and community-driven initiatives. The first quarter will see the launch of the $DOGEMOB token on additional exchanges, enhancing its liquidity and market presence. Throughout the year, DogeMob will focus on increasing community engagement through social media campaigns, AMA sessions, and partnerships with key influencers in the meme space. 

The latter half of the year promises exciting developments, including the release of community-inspired meme content, the introduction of DogeMob-themed NFTs, and interactive meme-based gaming experiences, further solidifying DogeMob’s position as a pioneering force in the meme coin ecosystem.

About DogeMob

DogeMob is a leading meme coin platform that combines the playful culture of memes with serious cryptocurrency innovation. With a fixed supply of one billion tokens, DogeMob is designed to provide both stability and excitement in the volatile altcoin market. The platform’s commitment to community-driven growth, comprehensive governance, and innovative crypto solutions continues to position it as a standout project in the blockchain space. 

For more information, visit DogeMob’s website, and join the community on Telegram and X.

Media Contact:

Danny Ariti

Dogemob

danny@dogemob.com

Sydney, Australia

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The company is now working with a top global semiconductor foundry to finalize the design.

The business aims to enable decentralized mining with this development

Block, Jack Dorsey’s digital payments company, has completed development of a three-nanometer Bitcoin mining chip. The company is now working with a top global semiconductor foundry to finalize the design of the chip.

Block mentioned:

“With our design showing competitive performance, we are proceeding with the full tapeout. Our mining chip will utilize the most advanced semiconductor process currently available and will deliver the performance required for mining operators of all types to survive and thrive in the fifth mining epoch (the period following the recent 4th halving of the block subsidy) and beyond.”

Standalone Mining Chips

The business is making progress toward its objective of enabling decentralized mining with this development, which will include the provision of standalone mining chips as well as its own comprehensive mining infrastructure.

On April 19, the reward for mining Bitcoin fell from 6.25 BTC to 3.125 BTC as a result of the fourth halving. According to Block’s most recent financial report, the company had a 37% year-over-year rise in sales of bitcoin to clients in the fourth quarter of 2023, reaching $2.52 billion in value.

Block added:

“With a standalone mining chip, we will represent the only large, well-capitalized mining hardware vendor with such a solution. We hope this will help unlock mining system innovation and support the much-needed development of new mining system form factors and use cases.”

In 2006, Dorsey co-founded Twitter, which is now known as X. In 2009, he co-founded Square, a mobile payments firm. In December 2021, Square changed its name to Block to reflect its dedication to crypto and decentralized technologies.

Highlighted Crypto News Today:

Sam Altman Led Worldcoin Plans 19% WLD Supply Increase

Central limit order book (CLOB) decentralized exchange Dexalot, announced its launch on Arbitrum. With this move, Dexalot is taking a step toward growing outside of the Avalanche ecosystem.

Launched in February 2023, Dexalot runs its current CLOB exchange on a dedicated application-specific chain. The choice to extend Dexalot’s trading infrastructure to Arbitrum will provide Ethereum L2 users with a number of potent features.

Its CLOB’s design offers a user experience more like that of a CEX, setting it apart from traditional AMM DEXes. With the help of Dexalot, users may set limit orders, which eliminate price slippage and increase traders’ capital efficiency. Dexalot also offers significant liquidity, excellent pricing, and clear order visibility with fraction of a penny for gas fees.

Several of these functionalities were not previously accessible on the network, and the introduction of Dexalot on Arbitrum will provide L2 users with access to them. Additionally, it will provide a dependable platform for native token launches for Arbitrum initiatives. Dexalot preserves the high decentralization that is built into Arbitrum’s architecture as all orders are put onchain without incurring any custodial risk.

Tim Shan, Dexalot’s COO said:

“We are very excited to expand Dexalot’s multichain order book with commingled liquidity to the Arbitrum community. This is a major milestone for the Dexalot team, and we are very proud to achieve on Arbitrum.”

Peter Haymond, Senior Partnerships Manager at Arbitrum added:

“Dexalot’s Central Limit Order Book on Arbitrum promises fairer pricing, deeper liquidity, and enhanced capital efficiency. Offering a centralized exchange-like experience will move DeFi closer to mass adoption.”

Dexalot has handled more than $1.1 billion in transactions since its launch. These volumes are anticipated to increase dramatically with the launch on Arbitrum, which will also provide a more secure and safe trading environment. It will also solidify Arbitrum’s position as the leading L2 for advanced on-chain trading.

Syntropy has announced today that it is renaming to Synternet, a move that highlights its progress and reaffirms its commitment to powering the future of Web 3.

In addition to a visual makeover, including a new color scheme, logo, and website design, the update will also be more closely aligned with the cutting edge technological advancements taking place in the background.

By coordinating the platform’s external image with its technical innovations and overarching goals, Synternet presents itself as a bonafide Layer-1 blockchain that drives the data infrastructure essential for a cohesive, composable Web3 ecosystem.

Daniel Haudenschild, CEO of Synternet stated:

“Synternet isn’t just a rebrand; it’s a declaration of our bold vision for the future of blockchain. By providing the data infrastructure for Web3, we’re laying the foundation for a more open, interoperable, and innovative decentralized web.”

CTO Jonas Simanavicius echoed these comments, adding:

“Our engineering team has been heads down building the technology to make the Synternet vision a reality. We couldn’t be more excited to invite the world to build and scale their dApps on our network in the coming months.”

Crucially, the shift from Syntropy to Synternet won’t have an impact on users’ $NOIA tokens, which continue to function on the Ethereum network without forcing token holders to take any action at this time.

As part of the Monaco phase of its 2024 Q2 roadmap, Synternet promises a number of significant advances in the months to come after the rebranding.

Among them are:

The Synternet Blockchain’s mainnet debut, creating a strong foundation for cross-chain data streams that are updated in real time.

The launch of a token bridge between Ethereum and Cosmos that is fully functional and allows for easy value transfers.

Substantial improvements to ease participation and foster creativity on the network, as well as to improve the experience for publishers and developers.

When Syntropy was first established, its goal was to use blockchain technology to revolutionize the way that data traveled across the internet. The need for linked blockchains became evident as the Web3 ecosystem developed. The result of this development is the mainnet, which completes the transformation of the network into a powerful Layer-1 project that connects disparate chains into a synchronized, interoperable network that drives the data economy.

As of right now, the Web3 Data Layer has a skilled staff of more than fifty Web3 specialists, and its community has amassed about 100,000 members across a variety of social media channels. Its vision is also supported by over 16,500 token holders, and prominent blockchain-focused venture capitalists have committed $10 million in funding.

Zug, Switzerland, April 24th, 2024, Chainwire

Researchers from the University of Zürich’s Communication Systems Group, in collaboration with the Acurast Association building on Polkadot and other ecosystems, have unveiled groundbreaking results in their latest study, “Performance Analysis of Decentralized Physical Infrastructure Networks and Centralized Clouds.” This work demonstrates the viability of Decentralized Physical Infrastructure Networks (DePIN) as a robust alternative to traditional centralized cloud computing platforms.

DePINs, leveraging blockchain technology and the Internet of Things (IoT), aim to enhance data sovereignty, reduce dependency on centralized models, and improve system resilience against potential failures. The research specifically highlights and evaluates Acurast, a new decentralized serverless cloud network that capitalizes on underutilized resources of smartphones to perform complex computing tasks with enhanced security and efficiency. 

Key Findings:

Enhanced Efficiency: Acurast has shown potential to perform computationally intensive tasks more efficiently than traditional cloud services like Google Cloud Platform and Amazon AWS.

Power Efficiency: Acurast significantly reduce power consumption, compared to existing centralized server infrastructure, making it an environmentally friendly alternative to existing solutions.

Empirical Evidence: The study provides empirical evidence supporting the theoretical benefits of DePINs, demonstrating Acurast’s ability to handle computationally intensive applications with reliability and cost-effectiveness.

“The advent of decentralized technologies presents a unique opportunity to rethink how we manage and operate digital infrastructures,” said Jan von der Assen, PhD student and Junior Researcher of the Communication Systems Group (CSG) at the University of Zurich (UZH) on the project. “Acurast not only challenges the status quo but may also present a scalable, secure, and sustainable model for future computing needs.”

This research marks a significant step toward understanding and harnessing the power of DePINs for computing. It opens up a real alternative to existing cloud providers for applications in all industries, especially where confidentiality is paramount.

The full research paper is publicly available and has been accepted at the upcoming DePIN Workshop of the International Conference on Blockchain Technology (ICBC) 2024.

About University of Zürich’s Communication Systems Group

The Communication Systems Group (CSG) at the University of Zurich focuses on research and development in networked systems and communication mechanisms. The group is dedicated to advancing the state of the art in communication systems, network security, and infrastructure development.

About Acurast Association

The Acurast Association is dedicated to breaking up the cloud monopoly with Acurast using mobile hardware, thereby democratizing and decentralizing the cloud. Allowing everyone to become a part of the cloud through their mobile devices. Providing developers with unrestricted, permissionless access to computing resources that are secure, cost-effective, and confidential.

Contact

Co-FounderPascal BrunAcurasthi@acurast.com

Gate.io, a top crypto exchange and Web3 innovator, and Huawei Cloud, a leading cloud computing provider delivering cutting-edge Web3 infrastructure, successfully co-hosted the ‘Token2049 Gate.io Exclusive Night VC & Web3 Ecosystem Party’ side event on April 19 at TOKEN2049 Dubai. Hundreds of guests attended the event, which featured speakers from various projects, VCs, blockchain ecosystems, and institutional firms.

With top-tier panel rosters and expert keynotes from Dr. Lin Han, Founder and CEO of Gate.io, and Cui Lei, Web3 General Manager of Huawei Cloud, this premier side event was about leveraging the ambition and positivity around the halving and TOKEN2049 and turning that into actionable insights for guests.

The event commenced with Dr. Lin Han’s opening speech, addressing the challenges of integrating blockchain technology into our daily lives and emphasizing the importance of infrastructure solutions. Drawing an analogy to the early days of the Internet, he highlighted that a comprehensive approach to these challenges, such as Gate.io’s multifaceted services and infrastructure, would help to accelerate the pace of widespread, mainstream usage. The next speaker, Cui Lei, delivered a keynote speech that further expanded on the critical challenges related to Web3 infrastructure and how Huawei Cloud addresses them, shedding light on the company’s innovative ‘everything as a service’ approach.

The event also included two engaging panel discussions with speakers from Huawei Cloud, Cypher Capital, Waterdrip Capital, M55 Capital, LKI Consulting, Sinohope, Safeheron, and ContinuumDAO. The first delved into the impact of prevailing and historical patterns on the digital asset market’s future trajectory and analyzed whether it will deviate from its traditional cycle. Meanwhile, in the second, speakers shared viewpoints and concepts related to the possible market developments and advancements that will shape the digital asset space following the halving.

During the discussion on digital identities in the decentralized era, Fred Hsu, CEO and co-founder of D3, one of Gate.io’s Web3 identity partners, emphasized the importance of interoperability, future-proofing, and universality. The conversation revolved around how D3 is creating a seamless and secure Web2-Web3 domain system that can function across multiple platforms and networks while ensuring that it remains relevant and adaptable to future technological developments.

The in-depth and insightful discussions, along with ample networking opportunities with leaders from across the spectrum, made for an enriching experience for all who participated. Overall, it was an excellent platform for individuals to connect, learn, and gain valuable insights into the world of cryptocurrency and blockchain tech.

In closing, Gate.io extends gratitude to event co-host Huawei Cloud, the guests and speakers, and the sponsors who helped make this the premier TOKEN2049 side event, namely M55 Capital, D3, nSure.ai, and LTP.  M55 is a French crypto fund at the forefront of leveraging the untamable but regulated space, teaming up crypto veterans’ with TRADFI’s established networks. nSure.ai is the Fiat-to-Crypto fraud prevention provider of choice, offering fraud prevention managed services based on adaptive AI using behaviour pattern detection, delivering high-efficacy decisions in under 300ms with up to 98% approval rates and a chargeback guarantee for zero-risk net incremental profit. Lastly, LTP leads the way in digital asset prime brokerage, seamlessly connecting centralized and decentralized exchanges while handling over $400 billion in annual trading.

Disclaimer:

The content herein does not constitute any offer or solicitation. The products and/or services mentioned herein are only available to persons outside Dubai. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Stacks, the leading Bitcoin layer 2, saw its highly anticipated Nakamoto upgrade roll out begin today. Serving as a scaling solution for the Bitcoin network, Stacks empowers developers to create smart contracts and build applications atop the most valuable, decentralized, secure base layer, bringing new use cases to the Bitcoin economy. 

Bitcoin is the most secure, robust, user-ready, and untapped crypto asset – and the market is now awakening to the potential of Bitcoin as the foundational layer for DeFi and more. The rise of Bitcoin layer 2 solutions empowers developers to build a plethora of new applications and solutions for borrowing and lending, swapping assets, trading Ordinals and NFTs, and more, effectively expanding Bitcoin’s utility. 

The advancements made by layer 2 solutions, exemplified by the Stacks Nakamoto upgrade, will significantly contribute to this resurgence. Bitcoin, when coupled with layer 2 solutions like Stacks, fosters an economic ecosystem around BTC through apps and smart contracts, ultimately unlocking over $1T in dormant capital. In Bitcoin’s “season 2,” we witness the separation of BTC, the asset from Bitcoin, the infrastructure. 

“We’re in the midst of a big moment that’s all about the return of builders to Bitcoin,” says Muneeb Ali, co-creator of Stacks. “Innovations like Ordinals, Runes, and various layers have made Bitcoin fun again for developers and highlighted the massive opportunity to bring new use cases to the largest crypto economy. The Nakamoto upgrade of Stacks this week is emblematic of the wider progression for the Bitcoin ecosystem as it scales rapidly beyond a store of value and into a secure base layer for experimentation and economic growth.”

When the Nakamoto release finishes rolling out over the next month, users can expect faster, more cost-effective transactions as well as transactions that are as irreversible as Bitcoin’s. The Nakamoto upgrade will usher in fast (5-second) blocks, a significant improvement over the current 10-30 minute blocks tied to Bitcoin’s block times. This has the potential to ease congestion on Bitcoin by facilitating faster, cheaper transactions on the L2 and better supports a growing number of Bitcoin DeFi applications.

This release solidifies Stacks’ position as a dependable network for developers leveraging smart contracts on Bitcoin, making it faster, more secure, and enhancing the overall user experience. Stacks, building off years of experience in the Bitcoin ecosystem, is uniquely positioned to provide layer 2 capabilities for developers, institutions, and others hoping to access the Bitcoin economy. 

About Stacks

Stacks is a Bitcoin L2 that enables smart contracts and decentralized applications to use Bitcoin as a secure base layer. The 2024 Nakamoto release, to be followed by the sBTC release, brings faster speeds and transactions backed by 100% Bitcoin finality. ‍Stacks is the current leading Bitcoin L2 by developer traction and market cap and is poised to help unlock Bitcoin and its $1T in passive capital as a fully programmable, productive asset. 

The Stacks (STX) token, used as gas on the L2, was the first to undergo an SEC-qualified sale in the United States. The project is explicitly decentralized with the mainnet launch in 2021. In the Stacks ecosystem, there are currently 30+ contributing entities including a non-profit Stacks Foundation, a developer tooling company Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Bitcoin Frontier Fund, and more. 

Worldcoin plans to raise the supply of WLD tokens by up to 19% in the following 6 months.

The available supply of WLD will rise in tandem with World Assets’ projected weekly sales.

In a series of private sales to institutions outside the US, Worldcoin led by Sam Altman plans to raise the supply of its WLD token by up to 19% in the following six months.

In a blog post published on April 23, Worldcoin announced that World Assets, a division of the Worldcoin Foundation responsible for issuing tokens, will sell up to 1.5 million WLD, or approximately worth $8.2 million, weekly through a string of “private placements to a select group of institutional trading firms” based outside the United States. According to Worldcoin, the available supply of WLD will rise in tandem with World Assets’ projected weekly sales of half a million to 1.5 million WLD.

Limiting Potential Influence on Token’s Price

According to CoinMarketCap, the current market value of WLD tokens is around $197 million. A six-month supply increase of 1.5 million tokens each week would result in 36 million additional tokens entering the market.

During the same time period, the private sales increased the total accessible supply of WLD tokens by 18.6%, bringing the current circulating supply to 194 million.

To limit the potential influence on the token’s price, Worldcoin said it will work with individual trading companies, particularly those involved in competition, to conduct private placements as near to “prevailing [WLD] market prices” as feasible.

Worldcoin brags about having a market valuation of $1 billion at the moment. The overall worth of the tokens if they were all in circulation, known as their fully diluted value (FDV), is $54.5 billion, thus this is little compared to that.

Users of Worldcoin verify their identities using the “World App” by scanning their retinas at what the firm calls “Orbs.” Users get around 25 Worldcoin (WLD), in return for their biometric data.

Highlighted Crypto News Today:

U.S Prosecutors Seek 36-Month Jail Time for Binance Founder CZ

Hydro Online proudly announces the launch of its innovative platform, a transformative solution that enables a completely passive and seamless revenue stream for websites and digital applications. This service is designed to supercharge revenue generation across digital platforms without the complexities of traditional advertising methods, or data collection.

Revolutionizing Digital Monetization with Hydro Online

Hydro Online introduces an unique approach to monetization that is both passive and integrates seamlessly. It serves as a perfect alternative or complement to systems like Adsense, but without the reliance on disruptive ad placements. This new platform, built on the robust Sui Network, is tailored for all digital environments, whether desktop or mobile, enhancing the user experience by maintaining a clean and engaging interface.

Innovative Features and Easy Integration

The platform’s integration process is designed to be swift and straightforward, requiring only 5 to 10 minutes to set up, and is completely free to use. Hydro Online’s novel approach ensures that websites and apps can enjoy an uninterrupted revenue flow that does not necessitate active management or oversight. The essence of this system lies in its ability to generate income purely based on user engagement time, redefining the value of digital content.

Hydro Online emphasizes its commitment to ethical practices, explicitly stating that the platform does not engage in web mining or any other intrusive methods. This guarantees that the website’s performance remains unaffected, preserving the integrity and security of user devices.

Integrating Blockchain with Decentralized Physical Infrastructure Networks (DePINs)

Incorporating the principles of decentralized physical infrastructure networks (DePINs) represents a significant advancement in Hydro’s technology. DePINs enhance the security, efficiency, and transparency of digital systems by leveraging blockchain technology. By utilizing its Masternodes, Hydro is building a strong Depin network of infrastructure nodes to host and bolster the operations of all its supported networks, with plans to support even more in the future.

This strategy not only boosts the security and reliability of the SUI network but also establishes Hydro as a trailblazer in decentralized website infrastructure solutions.

Strategic Partnerships and Visionary Future Plans

Looking forward, Hydro Online has disclosed an upcoming partnership with a major streaming platform, which will significantly expand the reach and efficacy of the platform. Over the next 12 months, the focus will be on refining the platform’s features to their ultimate potential, followed by a phase of growth and expansion aimed at setting new standards in digital monetization.

Hydro Online invites web publishers and app developers to sign up now and be among the first to try the future of website revenue generation. This is an opportunity to join in digital monetization and experience firsthand how the platform can transform passive browsing into active earning.

About Hydro Online

Hydro Online is at the forefront of digital monetization technology, offering innovative solutions that empower content creators and publishers to maximize their revenue without compromising the user experience. By leveraging cutting-edge technology and a user-centric approach, Hydro Online is setting new benchmarks in how digital content is valued and monetized in a globally connected world.For further information, please visit: Website, Twitter, Telegram, Linkedin.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Having posted a bail of $175 million, the founder of Binance is now in the United States.

Additionally, CZ was accused by the US authorities of willfully violating US laws.

U.S prosecutors submitted a court filing alleging that Binance founder Changpeng Zhao violated anti-money laundering rules (AML) and recommended a 36-month jail sentence for Zhao. The most recent information is that on April 30, Zhao, who resigned as Binance head in November of last year, would be sentenced.

A maximum of eighteen months in jail is what CZ should face according to federal sentencing guidelines. No hearing up to that point would allegedly be challenged by Zhao and his legal team. Having posted a bail of $175 million, the founder of Binance is now in the United States.

Willful Violation of U.S Laws

Nevertheless, the US prosecution argued that a 36-month sentence over guidelines was justified at the hearing in the US district court for the western district of Washington, considering the seriousness and effects of Zhao’s intentional violation of US law.

Additionally, CZ was accused by the US authorities of willfully violating US laws. As part of Binance’s growth plan, U.S. authorities claim that Zhao and Binance intentionally targeted users in the United States. They ran the business for a long time knowing that this strategy would put Binance in breach of U.S. regulations, yet they nevertheless did it.

The importance of ignoring U.S. restrictions to Binance’s success and development was even admitted by Zhao himself. The prosecutors pointed out in the complaint that he bragged about how following U.S. law would have curtailed Binance’s expansion and earnings during the previous two years, including cash gained from the network effect.

U.S prosecutors claim that Zhao’s willful disobedience to U.S. law was not accidental. Rather, it was a strategic decision driven by his desire to attract consumers, grow his firm, and profit himself.

Highlighted Crypto News Today:

Crypto Transaction Batching Can Add Up to Some Big Savings on Gas Fees