Cardano’s Hoskinson advocates for a blockchain-paper dual system to enhance election security and transparency.

RFK Jr. and Hoskinson support a dual voting system to mitigate electoral irregularities in the US.

Political candidates like RFK Jr. and Trump are integrating cryptocurrency issues into their campaigns.

Blockchain technology is being commended as a potential solution to electoral irregularities, with notable voices like Cardano Founder Charles Hoskinson advocating for its integration. The recent debate on X has brought this to the forefront, highlighting the limitations of relying solely on digital voting systems.

Blackchain with paper for a dual system where the analog and digital audit each other. It's the ultimate mix https://t.co/3mdWrEuVY2

— Charles Hoskinson (@IOHK_Charles) June 15, 2024

The Call for Blockchain Integration

The conversation was started by Presidential Candidate and Bitcoin enthusiast Robert F. Kennedy Jr. (RFK), who pointed to significant electoral issues in a recent Puerto Rico election. He noted that these irregularities could have severely compromised the process if not for the implementation of a paper voting system as a backup. RFK’s argument emphasizes the necessity of a paper trail to support the digital voting system in the United States, proposing a dual approach.

Hoskinson’s Proposition

Charles Hoskinson joined the debate, advocating for a hybrid system that combines blockchain technology with traditional paper voting. He suggested that “blockchain with paper for a dual system where the analog and digital audit each other” would create an optimal solution. Blockchain’s inherent transparency and resistance to manipulation make it an appealing choice for securing electoral processes. Although Hoskinson did not specifically highlight Cardano, many responses to his comments suggested the protocol as a viable option for integration.

Blockchain’s Proven Potential

Blockchain systems like Ethereum, Cardano, and Solana are designed to be tamper-resistant and provide transparency, allowing anyone to verify stored information. While real-world applications of blockchain in voting have been limited, those instances have demonstrated the technology’s effectiveness. The dual-system approach, combining blockchain with paper records, could enhance the integrity and security of elections.

Cryptocurrencies and Election Dynamics

Candidates from former President Donald Trump to rivals Joe Biden and RFK are increasingly appealing to young voters by addressing cryptocurrency issues. Trump has declared himself the “crypto President” and plans to permit Bitcoin mining, positioning himself as a champion of the industry. In contrast, President Biden has begun considering accepting crypto donations for his campaign.

Former President Trump has pledged to end what he terms President Biden’s “war on crypto” as part of his 2024 campaign. Despite his previous skepticism towards digital assets, Trump now advocates for the future of cryptocurrency to be “made in America.”

The Future of Blockchain in Elections

Hoskinson’s endorsement of RFK, who recently purchased GameStop shares, shows the growing intersection of crypto and politics. Analysts suggest that the integration of blockchain technology could fundamentally change the narrative in future elections, offering a more secure and transparent voting process.

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Pro-Bitcoin Candidate Javier Milei Leads Preliminary Presidential Voting in Argentina

The post Charles Hoskinson Advocates Blockchain Technology for Transparent Elections appeared first on Crypto News Land.

The current bull run has brought excitement and opportunities for those keen on cryptocurrency. Timing and selection are crucial in this volatile market. Some cryptocurrencies have shown significant potential for massive gains. Discover which ones could elevate an investment portfolio and pave the way to substantial wealth.

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

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

Currently, CYBRO is selling its tokens on presale at a low price of $0.025 each, which is 58% cheaper than the expected future price. This offers a potential ROI of 300%. There’s talk that a crypto whale might buy a significant amount of CYBRO tokens, showing strong interest in the project. Only 21% of the total tokens are available for this presale, and about 25 million have already been sold.

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

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

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

>>>Grow Your Crypto Portfolio with CYBRO! Join NOW for Future Returns up to 300%!<<<

Optimism Battles Bearish Trend Despite Stable Moving Averages

Optimism (OP) is currently performing below recent price averages, showing weak short-term recovery. The latest price change trends suggest a bearish market sentiment. Despite relatively stable moving averages, the coin’s momentum indicators hint at potential further declines. The nearest support and resistance levels are crucial to monitor. Optimism, known for its enhancements to the Ethereum network’s scaling issues, risks losing investor confidence if the bearish trend continues, potentially impacting its adoption and utility in the decentralized ecosystem.

Manta Network Faces Short-term Volatility, But Long-term Potential Remains Strong

Manta Network’s market sentiment hints at short-term uncertainty, yet long-term potential. Current price movement is fluctuating between support and resistance levels, and recent drops suggest a cautious outlook. The relative weakness shows indecision among traders, while historical gains point to past investor confidence. If MANTA’s core technology and privacy solutions continue to gain traction, this could stabilize prices and renew interest.

Aptos Faces Mixed Sentiment Amidst Slight Volatility

Aptos shows a blend of optimism and caution. Short-term movement is somewhat bearish, while recent monthly gains suggest underlying strength. Trading within a tight range, prices hover near key support levels. Indicators don’t signal strong momentum in either direction. However, with resistance levels above the current trading range, buyers may see potential. Aptos appears to be at a balancing point, hinting at stability or a possible upward move if buyers gain confidence. Keep an eye on emerging trends and market shifts.

Pyth Network Faces Mixed Sentiment Amidst Recent Price Shifts

The Pyth Network shows varied market signals with its current price nearing its resistance and support levels. Short-term trends suggest modest downfalls, while long-term trends struggle to remain stable. The relative strength and stochastic indicators hint at a neutral outlook, neither overbought nor oversold. This mixed sentiment could lead to further volatility as investors weigh recent performance against potential future gains.

Conclusion

OP, MANTA, APT, and PYTH have strong long-term potential but may see slower short-term gains. The real focus is on CYBRO, set to leverage the native yield of the Blast blockchain. With its first release in Q2 2024, CYBRO offers early investors favorable entry terms through the CYBRO token presale. This could be a significant opportunity for those looking to capitalize on the current market conditions.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Five Cryptocurrencies You Need to Accumulate to Become a Crypto Millionaire in This Bull Run appeared first on Crypto News Land.

Ethereum whales accumulated 700,000 ETH worth $2.45 billion in three weeks amid market volatility.

Forced liquidations of $215 million, including $50.61 million from ETH, marked a challenging period for traders.

Blockchain metrics suggest easing selling pressure with Ethereum’s price stabilizing between $3,400 and $3,600.

According to on-chain analyst Ali, Ethereum whales have purchased more than 700,000 ETH, worth approximately $2.45 billion, over the past three weeks. This accumulation occurred during a period of significant price fluctuations in the cryptocurrency market.

#Ethereum whales have bought over 700,000 $ETH in the past three weeks, totaling approximately $2.45 billion! pic.twitter.com/sfmXnkqD49

— Ali (@ali_charts) June 15, 2024

Whale Activity Amid Market Turbulence

In the past three weeks, huge price swings have resulted in over $215 million in forced liquidations for traders. Notably, $50.61 million of these liquidations were attributed to Ethereum positions. During this time, Ethereum’s price dropped to $3,368 on June 14th before rebounding to around $3,500 in the following days.

The price volatility had a significant impact on traders, with many experiencing automatic position closures as their funds became insufficient to support their bets. The forced liquidations affected traders on both the buying and selling sides, demonstrating the challenging nature of the market during this period.

Current Market Conditions

At the time of writing, Ethereum was trading at $3,551.00, with a 24-hour trading volume of $10,420,433,249 USD. Ethereum has seen a slight increase of 0.47% in the last 24 hours. It currently holds the #2 spot on CoinMarketCap, with a live market cap of $426,456,703,596 USD and a circulating supply of 120,154,584 ETH coins.

Blockchain Metrics Indicate Potential Stability

Despite the recent market low, blockchain metrics suggest that the situation may be stabilizing. A key indicator that tracks investor profits being cashed out showed a spike before leveling off, which analysts interpret as a potential easing of selling pressure. This indicator has flattened out in the $3,400 to $3,600 range, suggesting that the market may be finding its footing.

The recent activity of Ethereum whales purchasing large amounts of ETH highlights their confidence in the cryptocurrency despite market volatility. As the market navigates through these fluctuations, investors and analysts will continue to monitor blockchain metrics and price movements to gauge the potential for stability in the coming weeks.

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Bitcoin Crash Triggers $207 Million in Crypto Market Liquidations

The post Ethereum Whales Accumulate Over 700,000 ETH Amid Market Volatility appeared first on Crypto News Land.

The crypto world is on the brink of a major upturn, with assets across the board gaining momentum. Amidst this positive climate, both BNB and Pepe are making promising strides, despite some market challenges. 

In this dynamic environment, BlockDAG stands out as a leader, drawing significant investment flows thanks to a groundbreaking presale and its promising future. A recent showcase of its advanced DAG technology suggested a potential rise to $30 by 2030, pushing the presale earnings beyond $50.8 million and solidifying BlockDAG as the go-to crypto investment for 2024 among BNB and Pepe followers.

BNB’s Soaring Market Impact and Investor Interest

BNB has recently been the center of attention, soaring to a new high of over $700, surpassing its previous peak of $690 from the bull market of 2021. This impressive climb has not only caught investors’ eyes but has also led some analysts to forecast it might reach beyond $1,000 by the end of the year. Supported by the recent endorsements of Bitcoin and Ethereum ETFs, BNB is positioning itself as a leading altcoin to watch.

Its integral role on the Binance platform, where it’s used for transaction fees and token sales, boosts its attractiveness. These elements make BNB an attractive asset for investors looking to ride the bullish wave.

Pepe’s Pricing Dynamics: Riding a Wave of Expansion

Pepe (PEPE) is experiencing a rapid ascent, marking a 3.5% increase today to $0.00001461, and a 78% spike this past month, intriguing investors far and wide. Currently ranked the 23rd largest coin by market cap, Pepe has climbed an impressive 1,300% over the past year. One investor notably cashed in a $4.82 million profit on PEPE, highlighting its high-yield potential.

Technical indicators remain optimistic for Pepe, signaling a potential breakout as the 30-day average is set to surpass the 200-day average. With a substantial daily trading volume of around $1 billion and keen investor interest, the trajectory for Pepe points to further substantial gains.

BlockDAG: The Foremost Crypto Investment for 2024

BlockDAG is capturing the limelight with its state-of-the-art technology and strong presale performance. The latest keynote illustrated how BlockDAG’s DAG technology enhances transaction speeds and scalability by efficiently managing simultaneous operations. 

Paired with its DAG-based PoW consensus, this feature allows for rapid transaction confirmations, tackling significant technical hurdles and elevating BlockDAG as a top investment choice for 2024.

Remarkably, the presale has been exceptionally successful, garnering over $50.8 million with 11.5 billion coins sold at $0.0122 in its 18th batch, showcasing deep market trust and interest. 

The presentation also highlighted the X1 Crypto Mining App, blockchain enhancements, and the unveiling of the all-human Team DOX, coupled with global marketing efforts, underscoring BlockDAG’s dedication to transparency and community connection.

Experts are forecasting a staggering 30,000x ROI for BlockDAG investors, with the coin projected to reach $30 by 2030. Its compatibility with the Ethereum Virtual Machine (EVM) ensures smooth integration with existing Ethereum applications, enhancing its market appeal. With groundbreaking technology, a strategic plan, and a robust presale, BlockDAG is set to be a major force in the crypto market, offering an appealing investment avenue for those seeking exceptional opportunities in 2024.

Closing Reflections

As BNB and Pepe demonstrate potential for growth, BlockDAG’s pioneering DAG technology, remarkable presale achievements, and clear strategic vision distinguish it as an exceptional investment for 2024. The recent presentation underscored BlockDAG’s advanced DAG technology, pushing transaction speeds and scalability to new heights.

Having gathered more than $50.8 million in its presale and targeting a $30 valuation by 2030, BlockDAG presents an attractive investment prospect. With projections of a 30,000x ROI, BlockDAG stands out as an enticing option for both BNB enthusiasts and Pepe watchers, establishing itself as a top competitor in the dynamic crypto investment arena.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s Innovative DAG Tech Sparks 30,000x ROI, Leading the 2024 Crypto Race Against Pepe & BNB appeared first on Crypto News Land.

Fidelity Investments sells 1215 Bitcoin for $80.1 million amidst market volatility.

The reasons behind Fidelity’s large Bitcoin sale remain undisclosed, sparking industry speculation.

The transaction could influence Bitcoin’s price and market stability, with investors watching closely.

Fidelity Investments has reportedly sold 1215 Bitcoin, valued at a staggering $80.1 million. This significant transaction comes at a time when Bitcoin’s value has seen considerable fluctuations. 

Fidelity Sells 1215 #Bitcoin ($80.1m)Third largest outflow since launch pic.twitter.com/DhBiAK8TXe

— Thomas | heyapollo.com (@thomas_fahrer) June 15, 2024

The service provider known for its forward-thinking approach to investment and asset management, has not publicly disclosed the reasons behind this substantial sale. This has sparked widespread speculation and interest in the cryptocurrency’s future.

Insights from Industry Experts 

Crypto Industry experts suggest that this could be a strategic move to capitalize on current market conditions. Alternatively, the company could be realigning its investment portfolio in response to emerging market trends.

The sale of such a large amount of Bitcoin by a prominent investment firm like Fidelity is likely to have ripple effects throughout the cryptocurrency market. Investors and analysts alike are keenly observing the impact of this transaction on Bitcoin’s price and market stability.

Cryptocurrency has been a subject of intense debate among investors, with some viewing it as the future of money and others approaching it with caution due to its unpredictability. Fidelity’s recent action adds another layer to this ongoing discourse, highlighting the dynamic and ever-changing nature of digital currencies.

As the crypto market digests this news, questions arise about the long-term implications for Bitcoin and other cryptocurrencies. Will other major players follow suit, or will they hold onto their digital assets in anticipation of future gains? Only time will tell how this bold move by Fidelity will influence the broader financial landscape.

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The post Fidelity Offloads 1215 Bitcoins Valued at $80.1 Million: What Could Be the Reason? appeared first on Crypto News Land.

Bitcoin plunged 9% as whales sold 50,000 BTC ($3.3B) and miners offloaded 1,200 BTC ($80M).

Whales’ massive sell-off hints at a strategic reshuffling rather than mere profit-taking.

Miners’ selloffs reflect strategic adjustments to reduced rewards.

In a startling turn of events, Bitcoin (BTC) has sharply plummeted, sending shockwaves through the cryptocurrency market. As per the post below, Bitcoin whales have offloaded over 50,000 Bitcoin in the past ten days. This massive sell-off is approximately valued at $3.3 billion.

On-chain data from @santimentfeed reveals that #Bitcoin whales have sold over 50,000 $BTC in the past 10 days, totaling approximately $3.30 billion! pic.twitter.com/4p1pQVAUMi

— Ali (@ali_charts) June 14, 2024

Simultaneously, Bitcoin miners, who are responsible for validating transactions and maintaining the blockchain network, have liquidated over 1,200 BTC. This adds another $80 million to the total sell-off amount, pushing the combined figure beyond the $4 billion mark. 

Significant Price Dip Raises Concerns About Bitcoin’s Stability 

The actions of both whales and miners have sparked a 9% price drop in Bitcoin’s value. This has raised concerns about the stability and future of the world’s leading cryptocurrency.

The sell-off by whales is particularly noteworthy as it suggests a potential redistribution pattern rather than a mere profit-taking exercise. Their recent activity could have long-term implications for Bitcoin’s price trajectory.

On the other hand, miners’ decision to sell their holdings is not entirely unexpected after the halving event reduced their rewards. This strategic move aligns with predictions made by industry experts who anticipated such actions in response to the halving event.

As the market grapples with this sudden volatility, questions arise about what lies ahead for Bitcoin. Will the currency stabilize and regain its upward momentum? Is this the beginning of a more significant downturn? Analysts are closely monitoring whale and miner activity for clues about Bitcoin’s next move.

Read Also 

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Strategic Bitcoin Reserve Sales by Miners Pre-Halving

The post Bitcoin Drops Sharply as Whales and Miners Sell Over $4 Billion: Future Prospects for BTC? appeared first on Crypto News Land.

Dogwifhat (WIF), a once-popular memecoin featuring a Shiba Inu wearing a playful knitted beanie, is now facing considerable turmoil.

Following an impressive surge earlier this year, WIF has steadily declined, stuck in a downward trend since late May.

Analysts are closely monitoring WIF as it nears a crucial support level, with its future teetering between bullish and bearish outlooks.

The latest technical analysis of Dogwifhat (WIF) paints a bleak picture. The descending channel pattern, marked by lower highs and lower lows, indicates ongoing selling pressure. 

Since late May, Dogwifhat’s price has plunged 30%, hovering near the crucial $2.44 mark. In the past week alone, WIF has lost 15% of its value. This level is critical for WIF—if the bulls can’t maintain this support. According to the post below, price could drop further, potentially hitting a new low of $1.

even though i think on high timeframe $WIF looks cooked and destined for $1 i also believe a 50% bounce first could be on the cards.we can see 5 waves down from the $4 lower high and nice bull divs on 4h,8h, and 12h.Expecting a countertrend abc up to around $3-3.4 to rope… https://t.co/rWf2aHFLqG pic.twitter.com/z5Sr6YVXRP

— Bluntz (@Bluntz_Capital) June 16, 2024

Technical and Sentimental Outlook 

Adding to WIF’s bearish outlook is the Aroon Down indicator, which evaluates the strength of a downtrend. WIF’s Aroon Down Line is alarmingly high at 100%, signaling a deeply entrenched downtrend with recent lows. 

This market behavior shows intense selling pressure, making it even harder for WIF holders to accumulate the token. So, can bulls rescue the falling memecoin?

Although market sentiment is predominantly negative, WIF enthusiasts still have a reason to hope. Considering the general crypto market is currently in the re-accumulation phase, there’s a chance the price could bounce back to $2.70. 

This bounce would offer a brief respite, allowing WIF to consolidate and perhaps break out of its downward trend. However, if the price drops below this support level, market confidence could waver, resulting in further declines in WIF’s price and stability.

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The post Dogwifhat (WIF) at a Crucial Point: Can Bulls Rescue the Falling Memecoin? appeared first on Crypto News Land.

Deutsche Telekom announces its entry into Bitcoin mining at BTC Prague

Deutsche Telekom aims to expand its blockchain activities beyond running Bitcoin and Lightning nodes.

Deutsche Telekom to partner with Polygon as a network validator.

Deutsche Telekom Unveils Bitcoin Mining Strategy at BTC Prague

Deutsche Telekom announces its entry into Bitcoin mining at BTC Prague

Deutsche Telekom aims to expand its blockchain activities beyond running Bitcoin and Lightning nodes.

Deutsche Telekom to partner with Polygon as a network validator.

Deutsche Telekom has made a groundbreaking announcement at the BTC Prague event that it will be venturing into the realm of Bitcoin mining. This move marks a significant expansion of the company’s already established presence in the blockchain sector.

T-Mobile Deutsche Telekom are running Bitcoin nodes, Lightning nodes and will start mining #bitcoin WHAT A TIME TO BE ALIVE. pic.twitter.com/r7rihAinXt

— Daniel Sempere Pico (@BTCGandalf) June 14, 2024

Since 2023, Deutsche Telekom has been actively participating in the blockchain space by operating Bitcoin and Lightning nodes. Dirk Roder, T-Mobile’s Web3 Chief, revealed the company’s ambitious plans during BTC Prague.

 Deutsche Telekom’s decision to delve into Bitcoin mining is more than a strategic business move. The company’s decision signals the growing acceptance and integration of cryptocurrencies within traditional industries.

The announcement comes at a time when the Bitcoin mining industry faces various challenges, including concerns over energy consumption and environmental impact. However, Deutsche Telekom’s entry into this sector could potentially lead to more sustainable and efficient mining practices, given the company’s resources and expertise in technology.

Deutsche Telekom’s Partnership with Polygon 

Deutsche Telekom’s partnership with Polygon saw it become one of the 100 validators on its Proof of Stake network. As a validator, Deutsche Telekom plays a crucial role in maintaining the integrity and security of the network.

The company’s involvement in Bitcoin mining is expected to have a transformative effect on the crypto landscape. With Deutsche Telekom’s vast customer base and influence, its engagement with Bitcoin could accelerate mainstream adoption and acceptance of cryptocurrencies.

As Deutsche Telekom embarks on this new venture, it is poised to set new standards for corporate involvement in cryptocurrency mining. The company’s approach could pave the way for other traditional firms to explore and invest in blockchain technologies.

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Polygon Validators are About to Lose Their Staking Status

The post Deutsche Telekom Unveils Bitcoin Mining Strategy at BTC Prague appeared first on Crypto News Land.

Rep. Ro Khanna to host a landmark Bitcoin and blockchain summit in Washington D.C. with key policymakers and innovators.

The roundtable aims to shape the future of Bitcoin and blockchain technology in America, countering Trump’s recent crypto endorsements.

Biden’s administration faces criticism for its tough stance on crypto, including vetoing crypto custody by banks and proposing heavy taxes on Bitcoin mining.

Representative Ro Khanna of California’s 17th district is gearing up to lead a pivotal Bitcoin and blockchain discussion in the nation’s capital come early July. This was revealed by a confidential communique from Khanna’s Office obtained by Bitcoin Magazine.

BREAKING: Leaked emails show the Biden Admin will be attending a Bitcoin and crypto roundtable in DC in July.#Bitcoin is officially an election issue pic.twitter.com/vtlI4ltxLu

— Bitcoin Magazine (@BitcoinMagazine) June 15, 2024

The office characterizes the impending assembly as an unprecedented convergence of policy shapers and trailblazers in the blockchain arena. Anticipated attendees include figures from President Biden’s circle, members of both congressional chambers and entrepreneur Mark Cuban, as per the dispatch. 

Objectives of the Meeting 

The gathering’s chief aim is to forge a path for domestic Bitcoin and blockchain advancements. This move is perceived as a counteraction to ex-President Donald Trump’s recent Bitcoin sector endorsements. 

Notably, Trump has embraced Bitcoin Lightning transactions for his campaign contributions, a presidential first. Trump vowed last evening to dismantle what he terms “Biden’s crypto crusade” and to anchor the Bitcoin and crypto sectors’ futures within American shores. 

This week also saw Trump convening with top-tier Bitcoin miners at Mar-a-Lago, affirming his backing for Bitcoin mining endeavors both locally and internationally. Over the last four years, President Biden’s administration has exhibited an adversarial approach towards the Bitcoin and crypto sectors. 

On May 31, Biden vetoed a bill that would have permitted stringently regulated banks to manage Bitcoin and other digital currencies. Moreover, in April, the DOJ apprehended the creators and chief executive of Samourai wallet—a renowned Bitcoin mixer—on money laundering allegations.

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The post Biden Administration to Join Key Congressional Leaders for Bitcoin Roundtable in Washington, D.C. appeared first on Crypto News Land.

Cryptocurrency markets are known for their volatility and rapid changes, presenting both challenges and opportunities for investors. For short-term investors aiming for significant returns, identifying the right coins is crucial. In the current market, Notcoin (NOT), Toncoin (TON), and Retik Finance (RETIK) stand out as promising assets that could deliver up to 1500% ROI in the next 30 days. These coins have unique characteristics and recent developments that make them potential candidates for substantial gains.

Notcoin (NOT): Best Performer with Over 150%

Notcoin (NOT) has emerged as a standout performer in the crypto market, especially over the past week. Despite the broader market downturn, it has NOT surged over 150%, making it the best-performing cryptocurrency among the top 100. The recent price movements of NOT are particularly noteworthy. After debuting in May 2024 and reaching an initial peak, NOT experienced a pullback, only to surge past its previous all-time high. This resilience and recovery have led to a new all-time high of $0.012, further fueled by significant daily trading volumes exceeding $1.2 billion. The surge has also resulted in over $5.9 million in short positions being liquidated, indicating strong bullish sentiment among investors. Additionally, NOT’s impressive holder count of 1.6 million on-chain addresses surpasses other popular meme coins, showcasing its broad acceptance and robust community support. Given these factors, NOT is well-positioned for further gains, potentially delivering the targeted 1500% ROI for short-term investors within the next 30 days.

Toncoin (TON): Massive Whales Accumulation

Toncoin (TON) is another telegram-based cryptocurrency that has garnered significant attention due to the massive accumulation by whales. According to recent data, there has been a notable increase in the number of addresses holding between 100,000 to 1,000,000 TON. This accumulation trend is a strong indicator of growing confidence among major investors in the long-term potential of Toncoin. Such behaviour from whales is typically a precursor to substantial price movements, as it reflects a robust belief in the asset’s long-term value.The continuous influx of Telegram users is another crucial factor. With billions of users, Toncoin stands to benefit immensely from increased adoption. The seamless integration of decentralized applications (dApps) via Telegram enhances its appeal, making it easier for users to engage with the TON ecosystem The ongoing $200 million incentive campaign, known as The Open League, has also played a critical role in boosting engagement and adoption within the TON ecosystem. As these factors converge, Toncoin is poised for a significant rally. These ongoing activities made TON a strong candidate for achieving up to 1500% ROI in the near term. 

Retik Finance (RETIK): 2000% Surge Post-listing

Retik Finance (RETIK) has swiftly established itself as a formidable player in the DeFi space, particularly after its impressive presale and subsequent market performance. The presale phase saw overwhelming participation, raising $32.05 million by selling 400 million tokens in just 70 days. This strong foundation set the stage for a remarkable post-listing performance. Upon listing on major exchanges like Uniswap, MEXC, and Digifinex on May 21, RETIK’s price surged by 2000%, reaching an all-time high of $3.16 from an initial listing price of $0.15. This surge was accompanied by robust trading volumes, highlighting strong market demand and investor confidence. The rapid price appreciation delivered substantial returns to early investors and positioned RETIK as a top contender in the DeFi market. Retik Finance’s innovative DeFi solutions, including its DeFi debit cards, smart payment gateway, AI-powered P2P lending, and multi-chain non-custodial wallet, have significantly contributed to its appeal. These features provide a comprehensive financial ecosystem that bridges fiat and crypto, enhancing user convenience and security. The strategic execution of its roadmap and transparent communication with the community has further bolstered investor confidence. Given its solid fundamentals and recent market performance, RETIK is well-positioned to achieve further gains. The combination of innovative solutions, strong community support, and significant market momentum makes RETIK a viable option for short-term investors targeting up to 1500% ROI in the next 30 days.

Conclusion

For short-term investors targeting a 1500% ROI in the next 30 days, Notcoin (NOT), Toncoin (TON), and Retik Finance (RETIK) offer compelling opportunities. Notcoin’s impressive weekly gains and massive holder base, Toncoin’s strategic whale accumulation and market confidence, and Retik Finance’s explosive post-listing performance and innovative DeFi solutions make these coins standout choices. As always, investors should conduct their own research and consider their risk tolerance before making investment decisions. However, the potential for substantial returns with these cryptocurrencies is undeniably significant.

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

The post 3 Best Coins for Short-Term Investors Targeting 1500% ROI in the Next 30 Days appeared first on Crypto News Land.

The altcoin market is surging, propelled by a robust Bitcoin that has reclaimed the $66,000 price point. In this vibrant market, AI cryptocurrencies are capturing significant attention, both from established investors and those interested in meme coins. 

Among these, Fetch.AI’s token, FET, stands out as a promising candidate for substantial growth. As of press time, trading below $2.50, FET has shown a remarkable year-to-date increase of 226.99%. Analysts are optimistic, predicting that its value could quadruple by year-end, potentially reaching as high as $10.

As we move into the latter half of 2024, expectations for a continued bull run are high. This optimism raises questions about FET’s future trajectory and its potential to lead the charge in the AI sector’s market boom. 

In this context, it is crucial to delve into the factors that could drive Fetch.AI’s value in 2024 and beyond. Let’s examine what might lie ahead for FET, including detailed price forecasts for the upcoming years.

What is Fetch.ai (FET)?

Fetch.ai is a developing project built on the Ethereum network, launched in 2017 with the aim of creating a decentralized infrastructure for automating complex tasks through artificial intelligence (AI) and machine learning (ML). The core of Fetch.ai’s vision is to develop a platform where software-based economic agents operate autonomously to perform tasks typically handled by humans. These agents are designed to not only execute individual tasks independently but also to contribute to a collective intelligence—a shared knowledge base powered by AI and ML technologies.

Fetch.ai’s Blockchain Architecture and Tokenomics

The technical foundation of Fetch.ai is built on the Cosmos SDK, enabling it to inherit several key features from this framework. The Fetch.ai blockchain enhances the existing Cosmos Tendermint consensus mechanism through several innovations.

These include the Decentralized Random Beacon protocol for randomly selecting block-producing validators, multi-signature capabilities to minimize storage demands, and a Slot Proof-of-Stake (sPoS) system to reduce computational overhead.

The FET token, integral to the Fetch.ai ecosystem, serves multiple purposes. It is used for staking by validator nodes, which is crucial for maintaining network integrity and security. Developers require FET tokens to create, train, and deploy their software agents on the network. Furthermore, the token is used to operate Oracle services and cover transaction fees. Network participants benefit from staking rewards and earnings generated by their agents’ activities within the Fetch.ai system.

Fetch.ai Technical Analysis

Fetch.ai’s FET token has demonstrated a notable bullish trend over the past 30 days, although it encountered significant volatility. The token’s journey began at a price of $2.125 and was quickly propelled to a monthly peak of $2.593, establishing this as the key resistance level for the period.

However, not long after reaching this high, bearish pressures dominated, driving the price down to a monthly low of $1.95, which now serves as the key support level. Despite these fluctuations, the token’s price managed to stabilize, closing the month above the $2.20 mark, representing an overall increase of 8.36%.

FET/USD 24-Hour Chart (Source: CoinStats)

The bullish momentum of the FET token has been evident in its weekly performance, registering a modest gain of 1.44%. However, a different scenario unfolds when examining the daily chart, where a bearish trend has recently taken precedence. 

As of press time, the FET token is trading at $2.22, showing a decrease of 3.28% from the previous day. This decline in price is accompanied by a reduction in market capitalization by 2.57%, positioning FET as the 53rd largest cryptocurrency with a market cap of approximately $1.879 billion. 

Additionally, the trading volume has decreased by 19.81% within the last 24 hours, totaling around $135.85 million. This downturn suggests a decrease in trading activity and a temporary dip in investor confidence in the short term.

FET Price Action

The daily trading chart for Fetch.ai’s FET token reveals a bearish momentum governed by a linear regression channel since March 28, suggesting that the market has been under bearish control. This downtrend was preceded by a notable bullish phase, where FET surged by 582.89% from February 5 to March 28. However, a trend reversal at this peak led to the current downward trajectory.

FET/USD 1-Day Chart (Source: Tradingview)

Presently, the FET token’s price is oscillating around the upper boundary of the regression channel, hinting at a possible near-term reversal. If the token price descends toward the channel’s median line and breaches this level, it could find temporary support at $1.86 before potentially initiating another upward movement. 

Should it break this support, a further decline could target the 38.2% Fibonacci retracement level, possibly revisiting the lows last observed on February 5. Conversely, if FET can sustain a breakout above the upper line of the regression channel and maintain this position, it could signal a resurgence of bullish momentum, mirroring trends seen on the weekly and monthly charts.

Such a bullish scenario could propel the token towards and potentially beyond the $2.82 resistance level, with an ambitious long-term target at the $3.49 key resistance mark. This upward movement could mark a significant recovery and continuation of the previous growth trajectory.

FET Price Prediction

Price Prediction Potential Low ($) Average Price ($) Potential High ($) 2024 $1 $5.5 $9.06 2025 $5.05 $8.99 $15.4 2026 $9.06 $14.61 $29.45 2027 $15.69 $27.91 $44.17 2028 $29.91 $46.81 $67.20 2029 $59.36 $70.20 $89.04 2030 $60.61 $90.08 $109.64

Fetch.ai Price Prediction 2024

Historical analysis of Fetch.ai suggests that its price could fluctuate between $1 and $9.06 by the end of 2024. On average, it is projected that Fetch.ai will trade around $5.5 for the year.

Fetch.ai Price Prediction 2025

Price forecasts for 2025 indicate that Fetch.ai’s FET token could see a minimum price of $5.05, with the possibility of climbing to a high of $15.4. The expected average trading price for FET throughout the year is approximately $8.99.

Fetch.ai Price Prediction 2026

A detailed review of historical pricing data for Fetch.ai’s FET token indicates that by 2026, the expected price range could vary from $9.06 to $29.45. It is projected that the average trading price will likely be around $14.61.

Fetch.ai Price Prediction 2027

By 2027, Fetch.ai is predicted to continue its positive momentum. Price projections indicate that the token could have a floor price of $15.69. It has the potential to climb to a peak of $44.17, with the expected average price settling at approximately $27.91 for the year.

Fetch.ai Price Prediction 2028

Forecasts suggest that Fetch.ai’s FET token could open at $29.91 in 2028, potentially rising to a high of $67.20. Throughout the year, the average expected trading price is estimated to be around $46.81.

Fetch.ai Price Prediction 2029

Further projections indicate that by 2029, Fetch.ai’s price could settle at a low of $59.36, but it might also climb to a high of $89.04, with an anticipated average trading price near $70.20.

Fetch.ai Price Prediction 2030

By 2030, predictions indicate that the Fetch.ai token could potentially soar to a high of $109.64, with a minimum expected value of $60.61. Over the course of the year, it’s anticipated that the average trading price will settle at approximately $90.08.

FAQS

What is a FET token?

Fetch AI (FET) is an Ethereum token that powers Fetch.ai, a decentralized machine learning platform for applications such as asset trading, gig economy work, and energy grid optimization.

Is FET a good investment?

According to our current Fetch.ai Token price prediction, the price of Fetch.ai Token is anticipated to reach $44.17 by December 2027. Per our technical indicators, the current sentiment is bullish, making it a good coin to add to your portfolio.

What is FET’s all-time high?

FET’s all-time high is $3.47.

Will FET reach $100?

Projections suggest that by 2030, Fetch.ai could start at $60.61 and potentially reach a peak of $109.64. The average trading price for the year is expected to be around $90.08.

What is the Total supply of FET?

The total supply of FET is 1,152,997,575 FET.

What will the price of FET be in 2025?

The price of FET by 2025 is expected to reach a peak of $15.4.

What will the price of FET be in 2030?

The price of FET by 2030 is expected to reach a peak of $109.64.

Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.

The post Fetch.ai Price Prediction: Will FET Hit $100 by 2030? appeared first on Crypto News Land.

Vitalik Buterin endorses TiTok AI for blockchain image compression.

TiTok AI compresses images into 32 data segments without quality loss.

TiTok’s technology speeds up image processing by 410 times.

Ethereum co-founder Vitalik Buterin has given his nod to the TiTok AI, a new image compression technology developed for enhanced blockchain storage solutions. This endorsement brings attention to TiTok’s capability to minimize image data size significantly, facilitating their practical use on the blockchain.

Source: Vitalik Buterin

Revolutionizing Onchain Image Compression

Researchers from ByteDance and Technical University Munich introduced TiTok, which compresses images into 32 data segments, maintaining high-quality despite the compact size. This novel 1-dimensional tokenization framework surpasses traditional 2D methods by providing greater flexibility and drastically reducing image file sizes.

Moreover, TiTok’s application spans beyond mere storage. It plays a crucial role in the digital representation of non-fungible tokens (NFTs) and profile pictures, which are integral to user interactions on blockchain platforms. With Buterin’s support, TiTok AI is poised to transform how images are stored and managed in the digital asset ecosystem.

Enhanced Performance and Efficiency

The TiTok framework uses advanced machine learning techniques, including transformer-based models, to transform images into tokenized formats. This approach not only speeds up the image handling process by up to 410 times compared to existing models but also achieves high-quality image generation and reconstruction.

Additionally, the efficiency of TiTok AI is notable in its use of region redundancy, optimizing data storage by focusing on repetitive information across image segments. This results in a more streamlined and cost-effective method for handling large volumes of images on the blockchain.

TiTok AI sets a new standard for image tokenization technology with its compact, efficient, and flexible system. Backed by Vitalik Buterin’s endorsement, it stands to offer significant advancements in blockchain image storage, potentially influencing future developments in NFTs and digital identity representations.

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The post Vitalik Buterin Endorses TiTok AI for Blockchain Image Storage appeared first on Crypto News Land.

Biaoqing memecoin’s market cap soared from $6K to $24M shortly after its launch.

It employs strategic marketing on CoinMarketCap, Twitter, and global billboards.

Rooted in a famous Chinese meme, Biaoqing seeks to integrate Eastern culture into the crypto meme sphere.

Biaoqing, a memecoin launched on the Ethereum blockchain, has generated widespread interest. After going live on June 9th, its market value soared from a few thousand dollars to over $6 million in just one day. 

https://twitter.com/MartiniGuyYT/status/1802028680916381784

The price has recently leveled off and is now worth $24 million on the market. Its popularity within the cryptocurrency community has been proven by its quick growth.

The Biaoqing group is trying to increase its profile through a variety of advertising campaigns. They have successfully obtained listings on CoinMarketCap, a leading cryptocurrency data aggregator. Additionally, they are planning to place advertisements in popular spots all over the world.

The Biaoqing project is becoming popular on X, Telegram, and dextools, among other platforms. In addition, its reach has been further expanded by partnerships with hedge funds and crypto influencers. The Twitter community is kept informed and engaged about its future plans and ongoing developments through the use of regular Twitter Spaces.

Biaoqing distinguishes itself with its unique brand identity and cultural relevance. The coin’s layout is based on a well-known Chinese meme that is popular on Asian social media and shows a panda with a range of expressions. Unlike many of the Western memes that are taking over the cryptocurrency space, Biaoqing offers something unique and culturally relevant while tapping into an unexplored market.

The strategic marketing efforts and early success of Biaoqing indicate that it has great potential. It has an edge in the memecoin market owing to its distinctive cultural appeal and creative strategy. As it gains popularity, Biao Qing may pave the way for more Eastern memes in the cryptocurrency world. 

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100X Return Memecoins to Watch in the Upcoming Altseason

The post China’s Biaoqing Memecoin Sees Explosive Growth: Market Cap Hits $24M in Days appeared first on Crypto News Land.

Shiba Inu’s burn rate increased by 685% this week.

Over 399 million SHIB coins burned in the last 7 days.

Analyst predicts SHIB price could rise to $0.00002800.

The Shiba Inu community has intensified its efforts to reduce the circulating supply of SHIB, with an astounding 685% increase in burned coins in a striking development this week. The Shibburn tracking platform confirmed this spike, signaling a potent move by holders to potentially boost the coin’s market value.

HOURLY SHIB UPDATE$SHIB Price: $0.00002068 (1hr -0.17% ▼ | 24hr -4.87% ▼ )Market Cap: $12,181,521,782 (-4.74% ▼)Total Supply: 589,273,063,638,942TOKENS BURNTPast 24Hrs: 39,878,482 (-62.76% ▼)Past 7 Days: 399,586,110 (685.12% ▲)

— Shibburn (@shibburn) June 15, 2024

Recent data from Shibburn reveals that over the past seven days, an impressive total of 399,586,110 SHIB coins were sent to irretrievable blockchain addresses, marking a significant escalation compared to previous weeks. This aggressive burning strategy aligns with predictions of an impending price surge, creating a bullish sentiment among investors.

Market Analysts Predict Price Breakout

Crypto analyst Ali Martinez highlighted the current market dynamics surrounding SHib Inu, pointing to technical indicators that suggest a nearing price breakout. With the current trading price slightly over $0.00002076, Martinez forecasts a potential rise to around $0.00002800. 

#ShibaInu might be primed for a rebound as the TD Sequential indicates a buy signal on the $SHIB daily chart! pic.twitter.com/jwZ3UbJQ1N

— Ali (@ali_charts) June 15, 2024

Such an increase would represent a substantial 35% gain, reinforcing confidence among SHIB holders and market spectators.

Moreover, despite a recent 21.7% drop in its value, Shiba Inu has managed a modest recovery of 4.7%, trading at $0.00002068. This resilience underlines the community’s active participation and the robust interest in SHIB’s market behavior.

Additionally, the backdrop of heightened burn rates and optimistic market analysis sets a promising stage for Shiba Inu’s financial trajectory. Investors continue to watch these developments closely, as the meme coin community gears up for potential gains.

With technical analyses supporting a bullish outlook, the stage is set for what could be an exciting period in the trading history of SHIB.

Read Also:

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Shiba Inu’s Surging Burn Rate: Is It the Right Time to Buy SHIB?

Shiba Inu Burn Rate Skyrockets: Surge Signals Positive Shift

Increased Shiba Inu (SHIB) Burn Rate Leads to Boosted Asset Price

The post Shiba Inu Coin Burn Rate Soars 685%, Market Eyes Price Rally appeared first on Crypto News Land.

As the crypto market heats up, investors are eagerly searching for promising altcoins that could yield substantial returns. With Bitcoin often dominating the spotlight, it’s crucial to consider other cryptocurrencies that could enhance your portfolio. This June, Arbitrum (ARB), Dogwifhat (WIF), and Retik Finance (RETIK) stand out as top contenders. Here’s why you should consider adding them to your portfolio.

Arbitrum (ARB)

Current Price: $1.13

Arbitrum is a leading Layer 2 scaling solution for Ethereum, utilizing optimistic rollups to improve transaction speeds and reduce costs without compromising security. Arbitrum offers a more efficient platform for decentralized applications (DApps) by offloading most of the computation and data storage off-chain.

Why Arbitrum?

1. Scalability and Compatibility: Arbitrum supports unmodified Ethereum Virtual Machine (EVM) contracts and transactions, making it easy for developers to migrate their DApps without significant changes.

2. Decentralization: Unlike some Layer 2 solutions that rely on a single operator, Arbitrum uses a decentralized network of validators, enhancing security and resilience.

3. Strong Ecosystem: With a vibrant ecosystem including popular protocols like GMX and Radiant Capital, Arbitrum has solidified its position in the DeFi space. Arbitrum’s innovative approach to scaling and its robust ecosystem make it a solid investment for the upcoming altseason. Its ability to handle thousands of transactions per second with low fees positions it well for future growth.

Dogwifhat (WIF)

Current Price: 3.34

Dogwifhat, a relatively new entrant in the crypto space, has garnered attention for its unique community-driven approach and innovative tokenomics. As a meme coin, it leverages social media hype and community engagement to drive its value.

Why Dogwifhat?

1. Community Engagement: Dogwifhat’s growth is fueled by a dedicated community that actively promotes and supports the coin, similar to the success stories of Dogecoin and Shiba Inu.

2. Unique Tokenomics: The tokenomics of Dogwifhat involve deflationary mechanisms that burn a portion of tokens with each transaction, reducing supply and potentially increasing value over time.

3. High Volatility: While high volatility can be risky, it also offers opportunities for significant gains, especially during bull cycles.

Investing in Dogwifhat is akin to betting on the power of community and social media-driven trends. Its vibrant community and unique tokenomics could lead to substantial gains during the next altseason.

Retik Finance (RETIK)

Current Price: $0.39

Retik Finance is making waves in the DeFi space with its innovative approach to decentralized finance. Aiming to compete with giants like Polygon and Cardano, Retik Finance offers a range of DeFi services that appeal to both novice and experienced investors. Retik Finance, launched on May 21, 2024, at an initial price of $0.15, quickly surpassed expectations by peaking at $3 within a few days post-launch. Despite a subsequent price correction, the token’s recent performance has solidified its position as a formidable player in the decentralized finance (DeFi) space. As of now, Retik Finance is trading at approximately $0.39. This fluctuation indicates a significant recovery from its all-time low of $0.2468, achieved just days ago creating a space to take the position.

Why Retik Finance?.

1. Comprehensive DeFi Ecosystem: Retik Finance provides a suite of DeFi services, including staking, lending, and yield farming, making it a one-stop shop for DeFi enthusiasts.

2. Strong Market Performance: Despite the recent dip from its all-time high, RETIK has shown resilience and potential for recovery, presenting a good buying opportunity at its current price.

3. Targeting Major Market Caps: With ambitions to surpass the market caps of established cryptocurrencies like Polygon and Cardano, Retik Finance is poised for significant growth if it can deliver on its promises. Retik Finance’s comprehensive ecosystem and competitive ambitions make it a promising investment for those looking to capitalize on the next DeFi boom.

Conclusion

As we approach the next altseason, diversifying your portfolio with promising altcoins like Arbitrum, Dogwifhat, and Retik Finance could be a lucrative strategy. Each of these cryptocurrencies offers unique value propositions:

Arbitrum provides scalability and low fees while maintaining Ethereum’s security.

Dogwifhat leverages community engagement and innovative tokenomics to drive its value.

Retik Finance offers a comprehensive DeFi ecosystem with strong growth potential.

Remember, investing in cryptocurrencies involves risk, and it’s essential to conduct thorough research and consider your risk tolerance before making any investment decisions. By adding these promising altcoins to your portfolio, you position yourself to potentially reap significant rewards during the next bull cycle.

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

The post ChatGPT-4o Identifies Top 3 Altcoins for the Next Altseason: Arbitrum, Dogwifhat, and Retik Finance appeared first on Crypto News Land.

As the cryptocurrency sector experiences fluctuations, Ethereum (ETH) deals with ongoing price instability, challenging veteran investors. Meanwhile, the Shiba Inu (SHIB) community is rallying behind a potential ETF, aiming for broader market acceptance and portfolio diversification. Simultaneously, BlockDAG (BDAG) propels forward with a $2 million giveaway, sparking excitement across the cryptocurrency landscape.

This initiative solidifies BlockDAG’s growing reputation, following an impressive 1120% rise in coin value since its presale launch. As BlockDAG continues to release new batches rapidly, this giveaway offers a lucrative chance for early investors who hold at least $100 in BDAG coins to participate.

Ethereum Wrestles with Regulatory and Market Pressures

Ethereum’s price is currently under stress due to heightened regulatory scrutiny and market fluctuations. Global financial watchdogs’ recent actions have dampened investor confidence, though the long-term outlook remains positive. Observing Ethereum’s response to these regulatory challenges is key for predicting its price dynamics in the fluctuating crypto market.

Shiba Inu’s ETF Ambitions Gain Community Support

The Shiba Inu community is nearing a significant milestone with its ETF petition, indicating increasing acceptance and support. This movement could lead to mainstream adoption and open fresh investment channels for Shiba Inu, potentially enhancing its market presence and drawing more investor interest. The enthusiasm around the ETF underscores the community’s desire for more diverse cryptocurrency investment opportunities.

BlockDAG’s $2M Giveaway Rides on Surging Coin Value

BlockDAG has become a focal point for crypto enthusiasts, thanks to its profitable returns. The upcoming $2 million giveaway, ending in August, rewards its active community. Participants must engage with the platform and fulfill various tasks to improve their chances of winning. Holding a minimum of $100 in BDAG coins is crucial for eligibility, with activities such as social media engagement and friend referrals enhancing prospects of winning one of the 50 available prizes.

BlockDAG’s significant growth is highlighted by the 1120% price increase since its first batch, with the current batch priced at $0.0122 per coin, leading to total presale earnings of over $50.8 million. This growth is bolstered by ongoing developments like the 50th Development Release, introducing tools like a Blockchain Explorer that enhance user interaction and functionality.

Engagement in the giveaway involves several community-driven activities that enhance participants’ chances of winning. These include following BlockDAG on social media, submitting wallet addresses, and referring friends, each action adding to the likelihood of securing a part of the $2 million prize. This strategic initiative underscores BlockDAG’s commitment to growing its community and rewarding those who support and invest in its vision, fostering a vibrant ecosystem around its innovative blockchain technology.

The Dawn of the BlockDAG Era

BlockDAG’s dynamic $2 million giveaway, requiring just a $100 investment in BDAG coins, has generated immense enthusiasm within the crypto community. With the giveaway deadline approaching and BDAG’s price up 1120% since the beginning, the excitement overshadows updates on Ethereum’s volatility and Shiba Inu’s ETF push, marking BlockDAG’s continued rise. By attracting a wider audience, BlockDAG is swiftly expanding its reach, aiming to become a top investment choice in the crypto market.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post BlockDAG Offers $2M Giveaway To BDAG Holders As Ethereum Faces Volatility And Shiba Inu Eyes ETF appeared first on Crypto News Land.

Deutsche Telekom will begin Bitcoin mining, enhancing its blockchain involvement.

The company operates nodes on Polygon, Fetch.ai, Celo, Q, and Chainlink networks.

‘Crypto photosynthesis’ suggests potential innovative approaches in crypto mining.

Deutsche Telekom has announced plans to begin mining Bitcoin, signaling a growing interest in blockchain technology. In 2023, the business began running nodes for the Bitcoin network and the Bitcoin Lightning Network. Speaking at the BTC Prague conference, Dirk Röder disclosed that Deutsche Telekom will be getting more involved with cryptocurrencies.

T-Mobile Deutsche Telekom are running Bitcoin nodes, Lightning nodes and will start mining #bitcoin WHAT A TIME TO BE ALIVE. pic.twitter.com/r7rihAinXt

— Daniel Sempere Pico (@BTCGandalf) June 14, 2024

Deutsche Telekom has been involved with the Polygon network for more than a year, offering staking and validation services in addition to Bitcoin mining. Deutsche Telekom became a validator on the Fetch.ai blockchain in February after partnering with the decentralized AI platform Fetch.ai.

This collaboration facilitates the application of AI-driven autonomous agents in a number of industries, including digital identity, supply chain management, healthcare, and automotive. These agents demonstrate the company’s active participation in blockchain initiatives by managing resources, carrying out transactions, and analyzing traffic flows.

Deutsche Telekom is also involved in a variety of blockchain projects through its operations on the Celo network. The Q and Chainlink blockchain networks also have validation nodes maintained by the same organization.

 Deutsche Telekom is strengthening its position in the cryptocurrency space by expanding the focus of its blockchain projects. This growth is part of a larger trend in which traditional businesses are exploring for new ways to generate income through the integration of blockchain and cryptocurrencies.

The entry of Deutsche Telekom into the Bitcoin mining space is a significant development in the integration of blockchain and telecommunications systems. The firm plans to lead the way in the digital currency revolution by capitalizing on its vast infrastructure and developing creative new methods.

Deutsche Telekom’s initiative sets an important precedent as traditional industries continue to incorporate blockchain solutions. Industry insiders and cryptocurrency enthusiasts will be closely following any updates on the company’s mining operations. 

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The post Germany’s Deutsche Telekom Ventures into Bitcoin Mining and Blockchain Innovation appeared first on Crypto News Land.

Are you looking for a trustworthy cryptocurrency to invest in and enjoy massive returns in the future? In the current market, where top coins such as Polkadot and VeChain struggle to remain stable, making a sound investment decision might be hard. But don’t worry; coins are still making a mark on every investor’s heart during their presale period.

MoonBag meme coin is the perfect example of such a cryptocurrency. Offering unimaginable returns, locked liquidity, staking, and more, there’s no doubt it will become every investor’s interest in some time. 

If you’re wondering what makes MoonBag crypto stand out, join us in this detailed discussion. 

Polkadot’s Price Takes a Nose Dive, No Longer Investor’s Favorite 

Lately, Polkadot (DOT) has witnessed a sharp decline from its all-time high of $55 to the current price of $6.10 to $7.29 per token. Not just this, DOT’s parachains to enhance the Polkadot network have resulted in late launches or insufficient funding, lowering investors’ confidence in the token. 

The crypto market is risky, but the sharp decline of the coin makes investors think twice before investing. Although analysts have predicted a rebound of the token, reaching the price of $47 by next year, there’s still no guarantee. 

VeChain Faces Turbulent Markets and Individual Investor Engagements 

VeChain (VET), known for its real-world applications and tangible partnerships, faces severe market volatility. It’s currently gaining hype for rolling out a Marketplace-as-a-service platform for trading tokenised assets, along with VeBetterDAO. One might assume their strong approach to changing the ecosystem might take them to the top, but that’s not the case with VeChain.

Despite their efforts to revolutionise the market, the token is facing issues in attracting individual investors. The token is heavily dependent on enterprise adoption, which can shift its course with the introduction of similar projects in the future. Hence, the growth potential of the coin is stuck and does not seem to improve much recently.  

MoonBag Meme Coin, Revolutionizing Investor’s Mindset With Its Top-Notch Features 

MoonBag meme coin is making rounds among investors due to its live staking option. Once you purchase coins, you can instantly start staking them at any presale stage. Not just this, you can enjoy 88% APY on the coins with an immense 15,000% ROI. Apart from ROI and staking, early investors can even enjoy VIP access to exclusive events, becoming celebrated community members. 

The liquidity promised by MoonBag is around $3.5 million, out of which $1 million is injected on the launch day, and the other $2.5 million is divided into five steps. All liquidity put into the coin will be used for the buyback and burn strategy after the launch. This makes the MoonBag presale one of the best in 2024. 

Shedding Light on MBAG Coin Prices 

Investors who joined the presale at the start at $0.00002/coin will enjoy a 9,900% ROI in the future. In Stage 2, the price of one MBAG coin was $0.0001; currently, in Stage 5, it was $0.0002. Now in its stage 6, the price is at $0.0003. According to the analyst predictions, the price of one MBAG is expected to reach $1 by 2025. 

Since the coin is still in the presale stage, investors have an opportunity to benefit from the price spike. In Stage 10 of the presale, MoonBag crypto will be sold at $0.002. So, if you wish to reap profits from this meme coin, then now is the perfect time to start investing in it! 

How to Buy MoonBag Coin

You can get your hands on MBAG coins by following these simple steps: 

Download a compatible wallet, such as Trust Wallet or MetaMask. 

Create an account on MoonBag’s official site and connect your wallet with it. 

Add your preferred cryptocurrencies to pay for coins.

Select the number of coins and enjoy investing! 

Summing It Up 

MoonBag meme coin is a wonderful opportunity for early investors to join the presale for better returns in the future. Join the community and enjoy endless benefits with an investment as small as $200. The monkey is about to beat top cryptos in the market and now is your time to invest in your future with MoonBag presale 2024. 

Invest in MoonBag Presale 

Website: MoonBag.org 

Presale: MoonBag Presale 

Telegram: https://t.me/moonbag_official 

Twitter: https://twitter.com/moonbag_org 

The post MoonBag Meme Coin Enters Stage 6, Dazzles Polkadot and VeChain Investors with 0.0003 Pricing, Live Staking and 88% APY Rewards appeared first on Crypto News Land.

Market volatility is a major concern of new and old investors in the crypto space. Coins like Chainlink and ChainGPT were once everyone’s favorite, but the market is shifting. Unless you’re fully comfortable with losing all your money, it’s not ideal to dump it in such highly-risky coins. So, what are you supposed to do in such a situation? 

Don’t worry; some coins are still attracting investors in packs in their presale stage. One example is the MoonBag coin, which has made its mark in every investor’s heart with its locked liquidity, robust burn and buyback strategies, and high ROI. After crossing over $2 million in the early stages, it’s safe to give the ‘best presale in 2024’ title to MoonBag. 

Let’s explore MoonBag crypto in detail and see how it’s overshadowing Chainlink and ChainGPT. 

Why Chainlink is Not the Right Investment? 

The first reason investors should overlook Chainlink (LINK) as an ideal investment is its lack of direct utility within the Chainlink ecosystem. Its price is mainly driven by speculative reasons rather than intrinsic use cases. One wrong speculation can cause the coin to crash within seconds, leaving investors in cahoots. 

While price volatility for Chainlink has been moderate, the crypto market is inherently volatile. Frequent price fluctuations can affect an investor’s portfolio within seconds. The story doesn’t end here as Chainlink does not offer high liquidity, which creates problems in trading. So, if you’re looking for a coin that provides high liquidity, Chainlink is not the right option. 

ChainGPT Faces Significant Challenges in the Crypto Market 

ChainGPT is an innovative AI technology that seamlessly integrates AI with blockchain. With the rise in AI, one might assume that this coin’s price will rise rapidly, but that’s not the case. The current price of ChainGPT has dropped from $0.555 to $0.12806, making it appear highly volatile. 

Plus, the coin’s forecast shows a bearish sentiment, which means not many investors are interested in buying it. This is enough reason to confirm that now is not the best time to invest your hard-earned money in ChainGPT, hoping for big returns in the future. 

Best Presale in 2024: MoonBag Rises as a Top Investor Choice Against Chainlink and ChainGPT 

MoonBag presale has surpassed the $2 million mark. It’s a strong indicator that investors are flocking to buy this coin before the last stage. Not just this, MoonBag offers high ROI, i.e., 15,000% for the earliest joiners. 

The best part? There’s zero tax on trading the MBAG coins. In addition, the MoonBag crypto offers exceptional staking opportunities for investors with a promise of 88% APY. All of this makes the MoonBag coin a guaranteed success in the crypto market, making it the best presale in 2024. 

Get Extra 10% Coins with MoonBag’s Referral Program 

Investors are in luck to win an extra 10% coins through MoonBag’s robust referral program. When you buy coins, you will get a referral code that you can share with your friends and family. Anyone who uses the code to buy MoonBag coins will give you a chance to win 10% more coins. Therefore, start investing with MoonBag today and grow your coins with the referral program. 

How to Buy MBAG Coins 

You can buy MoonBag crypto from the official MoonBag website. Here’s how you can do it: 

Sign up on the official site. 

Pay in your preferred cryptocurrency.

Select the number of coins you wish to purchase.

Voila! You’re all set to make your investment touch the sky! 

Conclusion 

While Chainlink and ChainGPT have been investors’ favorites at some point, the tides are now shifting towards MoonBag crypto. Ensuring the best presale in 2024, the coin is definitely making a way to every investor’s heart with high ROI, liquidity, and scalability. If you’ve yet to invest in the coin, then it’s now the right time, as the meme coin is in Stage 6 of the presale. Don’t waste any more time; invest your money right in MoonBag. 

Invest in MoonBag Presale

Website: MoonBag.org  

Presale: MoonBag Presale  

Telegram: https://t.me/moonbag_official Twitter: https://twitter.com/moonbag_org

The post MoonBag Crypto, the Best Presale in 2024: Overshadowing Top Coins Like Chainlink and ChainGPT appeared first on Crypto News Land.

Farcana, a Web3 arena shooter, offers Bitcoin rewards and massive profit potential in 2024.

ArcBlock simplifies decentralized app creation with ABT ERC-20 token, promising significant blockchain advancements.

Altcoins like Farcana and ArcBlock are poised for 5x-10x gains in the next quarter.

In recent days, the low-cap altcoin sector has shown remarkable activity, attracting the attention of savvy investors seeking substantial gains. With a bullish market sentiment, some of these hidden gems have the potential or expected to achieve nearly 10x returns over the next three months. Noteworthy among these promising altcoins are Farcana and ArcBlock, both of which are positioned for significant growth.

Farcana stands out as a unique free-to-play, third-person arena shooter developed on Unreal Engine 5, integrated with a Web3 economy. Set in a futuristic Mars in 2073, players engage in intense 4v4 arena battles, vying for the valuable energy source Infilium. What sets Farcana apart is its rewarding system that offers Bitcoin for victories, blending immersive gameplay with real-world cryptocurrency incentives. This combination is expected to drive Farcana’s popularity and market value substantially higher in the upcoming months.

ArcBlock, on the other hand, offers a comprehensive platform for developing and deploying decentralized blockchain applications. Leveraging the ABT ERC-20 token, ArcBlock simplifies the creation and management of decentralized apps, making it accessible even to those with minimal technical expertise. This user-friendly approach, coupled with robust functionality, positions ArcBlock as a leader in blockchain innovation. The potential for widespread adoption and use in various applications suggests a bright future and significant returns for early investors.

The outlook for altcoins in the crypto industry is highly optimistic. As technology advances and new, innovative projects like Farcana and ArcBlock continue to emerge, the market is ripe with opportunities for investors.

The next three months of 2024 are likely to be particularly transformative, with these altcoins offering a chance for substantial profits. Keeping an eye on these developments could be highly beneficial for those looking to capitalize on the dynamic cryptocurrency market.

Read also:

​​Digital Arms Partners with Farcana to Connect Battle Royale Shooter Metaverses

Altcoins to Invest in 2023 to Gain 10X Profit

3 Tokens Under $0.1 for Easy 10x Profits in 2024

Altcoin Goldrush: May’s Potential for 10x Crypto Gains

Top Altcoins Poised for 100x Explosion and Massive Profit: Analyst Predictions

The post Altcoins with Potential for a 10x Profit Explosion in the Next 3 Months of 2024 appeared first on Crypto News Land.