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Crypto Analyst Credible Crypto Offers Mixed Outlook on Dogecoin: Forecasts Short-Term Decline Wit...
The cryptocurrency market has experienced a significant bull run since October 2023, marked by a strong Bitcoin (BTC) rally.
This surge has propelled both old and new meme coins, with many achieving new highs or approaching their previous peaks.
Amidst this upbeat market atmosphere, Dogecoin (DOGE), the first meme coin ever created, has been the subject of many optimistic forecasts suggesting it could soon exceed $1.
However, a prominent crypto analyst known as Credible Crypto on YouTube and CrediBULL Crypto on X has a nuanced view on these bullish predictions.
He recently outlined a strategy for shorting DOGE, signaling a less optimistic short-term outlook for the coin.
According to him, Dogecoin has not yet established a clear uptrend as it lacks consecutive higher highs and higher lows, and seems to be at a distribution top.
Credible Crypto’s analysis suggests that while DOGE’s price might rise for a while, it is expected to reach a critical zone between $0.19 and $0.20, which it will likely fail to maintain.
He plans to take a short position once Dogecoin hits this price range, anticipating a drop to major support levels, likely around $0.09-$0.10, and possibly even as low as $0.05.
READ MORE: Cryptocurrency Users Settle with Ex-FTX CEO Sam Bankman-Fried in Class-Action Lawsuit
Despite his short-term bearish stance, Credible Crypto remains optimistic about the long-term prospects of meme coins, including Dogecoin.
He predicts that the broader crypto market’s current corrections are just part of a cycle that will eventually lead to a ‘meme coin megafinale’ featuring a significant Dogecoin rally above $1.
He suggests that the expected decline to $0.05 could provide an excellent entry point for a long position in anticipation of this rally.
This approach reflects the mixed performance of DOGE, which, while showing significant gains over the past year, has also experienced substantial volatility.
Over the last 52 weeks, Dogecoin has seen an impressive 100.27% increase, with a 77.68% rise in 2024 alone.
However, it has recently faced some resistance, with a notable 8.27% decrease over the past 30 days but remains slightly positive on the weekly chart with a 1.88% increase.
As of today, the price of DOGE stands at $0.1587, having dropped by 0.86% in the last 24 hours.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
This surge has propelled both old and new meme coins, with many achieving new highs or approaching their previous peaks.
Amidst this upbeat market atmosphere, Dogecoin (DOGE), the first meme coin ever created, has been the subject of many optimistic forecasts suggesting it could soon exceed $1.
However, a prominent crypto analyst known as Credible Crypto on YouTube and CrediBULL Crypto on X has a nuanced view on these bullish predictions.
He recently outlined a strategy for shorting DOGE, signaling a less optimistic short-term outlook for the coin.
According to him, Dogecoin has not yet established a clear uptrend as it lacks consecutive higher highs and higher lows, and seems to be at a distribution top.
Credible Crypto’s analysis suggests that while DOGE’s price might rise for a while, it is expected to reach a critical zone between $0.19 and $0.20, which it will likely fail to maintain.
He plans to take a short position once Dogecoin hits this price range, anticipating a drop to major support levels, likely around $0.09-$0.10, and possibly even as low as $0.05.
READ MORE: Cryptocurrency Users Settle with Ex-FTX CEO Sam Bankman-Fried in Class-Action Lawsuit
Despite his short-term bearish stance, Credible Crypto remains optimistic about the long-term prospects of meme coins, including Dogecoin.
He predicts that the broader crypto market’s current corrections are just part of a cycle that will eventually lead to a ‘meme coin megafinale’ featuring a significant Dogecoin rally above $1.
He suggests that the expected decline to $0.05 could provide an excellent entry point for a long position in anticipation of this rally.
This approach reflects the mixed performance of DOGE, which, while showing significant gains over the past year, has also experienced substantial volatility.
Over the last 52 weeks, Dogecoin has seen an impressive 100.27% increase, with a 77.68% rise in 2024 alone.
However, it has recently faced some resistance, with a notable 8.27% decrease over the past 30 days but remains slightly positive on the weekly chart with a 1.88% increase.
As of today, the price of DOGE stands at $0.1587, having dropped by 0.86% in the last 24 hours.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
SHIB Cryptocurrency Sees Major Whale Purchase and Expansion With Upcoming Layer-3 Blockchain Deve...
Recently, a newly established cryptocurrency wallet engaged in a significant transaction involving the SHIB meme coin.
According to data from Etherscan, this anonymous wallet acquired 237.8 billion SHIB, totaling $6,290,435 in value at the time of the transaction.
This large-scale purchase, indicative of either an over-the-counter (OTC) deal or a redistribution of assets by a major holder, took place shortly after the SHIB team announced securing $12 million for the development of a layer-3 solution atop Shibarium.
The timing of this purchase coincides with SHIB project lead Shytoshi Kusama’s revelations about his extensive international travel.
In a tweet, Kusama, operating under his alias, disclosed the purpose behind his frequent changes in location on X/Twitter throughout the year, visiting Japan, Hong Kong, Puerto Rico, New York, Dubai, and the Maldives.
The SHIB community had been tracking these movements, speculating about their implications. Kusama clarified that his travels were aimed at raising funds for the new blockchain initiative.
Shibarium, currently a layer-2 solution built on Ethereum, will serve as the foundation for this upcoming layer-3 blockchain.
Lucie, the SHIB marketing lead, explained the advantages of the layer-3 solution in a tweet.
READ MORE: President Biden Signs Bill Expanding Surveillance Powers, Sparking Privacy Concerns
She highlighted that adding a third layer would be “like putting a cloak of invisibility over fast-moving transactions.”
Furthermore, she stated that this enhancement would improve privacy and security, making transactions both faster and more affordable.
She described the security benefits as, “Adding L3 is like putting a second lock on your door. It adds more security features, making everything safer.”
The development of the layer-3 solution will also facilitate compliance features allowing auditors to inspect even private transactions, among other improvements.
In addition, the forthcoming TREAT token, which has yet to be released, will be utilized within this new framework to facilitate transaction processing, much like the BONE token is currently used on Shibarium.
This initiative represents a significant expansion in the SHIB ecosystem, aiming to enhance transaction efficiency and security.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
According to data from Etherscan, this anonymous wallet acquired 237.8 billion SHIB, totaling $6,290,435 in value at the time of the transaction.
This large-scale purchase, indicative of either an over-the-counter (OTC) deal or a redistribution of assets by a major holder, took place shortly after the SHIB team announced securing $12 million for the development of a layer-3 solution atop Shibarium.
The timing of this purchase coincides with SHIB project lead Shytoshi Kusama’s revelations about his extensive international travel.
In a tweet, Kusama, operating under his alias, disclosed the purpose behind his frequent changes in location on X/Twitter throughout the year, visiting Japan, Hong Kong, Puerto Rico, New York, Dubai, and the Maldives.
The SHIB community had been tracking these movements, speculating about their implications. Kusama clarified that his travels were aimed at raising funds for the new blockchain initiative.
Shibarium, currently a layer-2 solution built on Ethereum, will serve as the foundation for this upcoming layer-3 blockchain.
Lucie, the SHIB marketing lead, explained the advantages of the layer-3 solution in a tweet.
READ MORE: President Biden Signs Bill Expanding Surveillance Powers, Sparking Privacy Concerns
She highlighted that adding a third layer would be “like putting a cloak of invisibility over fast-moving transactions.”
Furthermore, she stated that this enhancement would improve privacy and security, making transactions both faster and more affordable.
She described the security benefits as, “Adding L3 is like putting a second lock on your door. It adds more security features, making everything safer.”
The development of the layer-3 solution will also facilitate compliance features allowing auditors to inspect even private transactions, among other improvements.
In addition, the forthcoming TREAT token, which has yet to be released, will be utilized within this new framework to facilitate transaction processing, much like the BONE token is currently used on Shibarium.
This initiative represents a significant expansion in the SHIB ecosystem, aiming to enhance transaction efficiency and security.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Smart Pepe Launches on Solana and Prepares to Emulate Shiba Inu and Dogecoin
Smart Pepe (SMPEPE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Smart Pepe (SMPEPE), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Smart Pepe presents a similar opportunity.
Smart Pepe has a market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Smart Pepe could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Smart Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Smart Pepe on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Smart Pepe by entering its contract address – 48EWerq7ztGdxxfMgVhz121hyW3yqrv3tVsamMvYfJKm – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SMPEPE.
Smart Pepe (SMPEPE), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Smart Pepe presents a similar opportunity.
Smart Pepe has a market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Smart Pepe could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Smart Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Smart Pepe on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Smart Pepe by entering its contract address – 48EWerq7ztGdxxfMgVhz121hyW3yqrv3tVsamMvYfJKm – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SMPEPE.
Kitty Solana to Skyrocket 7,300%, Looks to Challenge Shiba Inu and DogeCoin
Kitty Solana (KITSOL) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Kitty Solana (KITSOL), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Kitty Solana presents a similar opportunity.
Kitty Solana has market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,300% in the coming two days, and Kitty Solana could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Kitty Solana can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Kitty Solana on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Kitty Solana by entering its contract address – 6vBHNhAsoaZPsv2QowKTmcpNgpXxYskJsaVStsuhX28m – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like KITSOL.
Kitty Solana (KITSOL), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Kitty Solana presents a similar opportunity.
Kitty Solana has market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,300% in the coming two days, and Kitty Solana could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Kitty Solana can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Kitty Solana on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Kitty Solana by entering its contract address – 6vBHNhAsoaZPsv2QowKTmcpNgpXxYskJsaVStsuhX28m – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like KITSOL.
Musk Solana (MUSKSOL) Set to Rally 5,300% in 48 Hours, Looks to Challenge Shiba Inu and Dogecoin
Musk Solana (MUSKSOL) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Musk Solana (MUSKSOL), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Musk Solana presents a similar opportunity.
Musk Solana has market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Musk Solana could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Musk Solana can only be purchased via Solana decentralized exchanges, like Raydium, and early investors stand to make huge returns in the coming days.
To buy Musk Solana on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Solana by entering its contract address – 5oYNkQvi7DExBjpXNNAFusbL4yATtDQJGdL1oXqpuvjm – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKSOL.
Musk Solana (MUSKSOL), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Musk Solana presents a similar opportunity.
Musk Solana has market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Musk Solana could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Musk Solana can only be purchased via Solana decentralized exchanges, like Raydium, and early investors stand to make huge returns in the coming days.
To buy Musk Solana on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Solana by entering its contract address – 5oYNkQvi7DExBjpXNNAFusbL4yATtDQJGdL1oXqpuvjm – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKSOL.
Consider an Alternative: Experts Eye Potential Amid Rising SOL and BNB
Everyone can see that the feeling in the cryptocurrency market now is mostly bullish. This comes from a mix of technical and fundamental elements that hint at possibly big-scale upward movement. Examination shows how the market is growing more and more similar to previous times where major corrections led to significant growth afterwards. This trend has made investors more confident, resulting in forecasts for an expansion of the market that might go up as much as 350% from its current level. The hope comes from more retail and institutional interest, which makes the investor pool wider and brings in more funds to the market in general. Growth in technology and clearer rules also help make the market steadier and better for everyone involved.
In a particular manner, the rise of these digital assets is also beneficial for cryptocurrencies like Solana (SOL) and BNB Coin (BNB). The former has been making progress because it can handle many transactions swiftly. This quality makes it more attractive for decentralized applications. Meanwhile, BNB Coin (BNB) still enjoys advantages from its connection with Binance exchange. As the general market dynamics display positive movements, these specific digital currencies should do similarly well – mirroring the wider possibilities.
Ride The Wave of Innovation with ScapesMania
The introduction of a new crypto project is usually met with very cautious optimism. But when its numerous past sales and token generation event (TGE) are a huge success, it all seems like the first step on a path full of growth potential. ScapesMania, the groundbreaking casual gaming project, has a lot to show for its unstoppable hype.
$MANIA has stepped into PancakeSwap, a decentralized exchange on the Binance Smart Chain network known for its extensive user base and liquidity. The debut trading day proved to be impressive. The token price demonstrated resilience, indicating robust tokenomics and promising prospects for the project. Unlike short-term ICOs, ScapesMania has proven itself to be a serious venture within a thriving market.
Just let the numbers speak for themselves:
Holder count: 18.41K
24-hour trading volume: $2.25M
Over 2,535 buys and 1,651 sells
ScapesMania also topped DEXTools’ Hot Pairs list right away after its debut.
This project started out with a presale event that garnered an incredible $6.125 million. The fact that it attracted over 60,000 followers across different social media networks and a vast number of holders is even more remarkable. This strong support and funding demonstrate how appealing and promising the project is to a wide audience. A real breakthrough might be just around the corner, so it would be a waste not to grab $MANIA tokens before they skyrocket.
The launch of liquidity pairings including MANIA/WBNB and MANIA/USDT marked the beginning of active trading. The demand from the community led to USDT becoming the main source of liquidity.
Why get involved with ScapesMania now that it’s listed? First, $MANIA tokenomics are balanced, with a cliff and vesting system helping maintain stability. Second, through DAO governance, community members can vote on ecosystem development decisions. Finally, ScapesMania continuously expands token utility, offering more benefits to $MANIA holders.
With a strong plan for promoting the project after listing, its success might keep up the record-breaking pace after its debut. The team’s dedication to long-term development and prominence in the cryptocurrency industry is shown by their impressive marketing efforts — 75K+ average monthly traffic is no joke.
Additional upsides that may be among the biggest deciding factors are:
The project’s smart contract has been approved by BlockSafu. Holders may rest certain that the project’s infrastructure is reliable and up to par thanks to this endorsement.
Enthusiastic support from numerous notable crypto influencers. It lends legitimacy and affirms ScapesMania’s status as one of the promising new projects.
Experienced team. Innovating and executing a project successfully requires a team of seasoned specialists. This project is in a strong position to overcome any obstacles and take advantage of opportunities.
Bright future. The project has come a long way, but it still has a long way to go. There are tentative plans to list on a centralized exchange (CEX), which will provide access to more markets and more liquidity.
Everything about ScapesMania was carefully designed to facilitate major growth potential. From successful, well-publicized sales to its advantageous alliances, seasoned staff, and strategic positioning in the casual gaming niche – it looks poised for big things.
Choosing ScapesMania right now, post-TGE, offers early access, exclusive benefits, diversification, lower competition within a dynamic niche, and, more importantly, a potentially perfectly-timed entry point. The coin’s stable post-listing price and strong initial support, coupled with an influx of newcomers, indicate long-term confidence, so it might be the time to make your decision.
>>> Get $MANIA Now <<<
BNB Coin (BNB): A Central Pillar in the Expanding Binance Ecosystem
First, let’s talk about BNB Coin (BNB). It’s the native token of the Binance ecosystem and it is currently navigating through a volatile market environment. Recent geopolitical tensions have influenced trading activities, but the coin continues to exhibit resilience amid market corrections.
Despite slight dips due to external market pressures, BNB Coin (BNB) maintains its position as a critical asset within the Binance trading platform and its associated chains. The fluctuations reflect broader market sentiments but also highlight the coin’s fundamental strengths as it recovers from these dips. The outlook for BNB Coin (BNB) remains optimistic as it benefits from Binance’s ongoing expansion and the increasing utility of its blockchain infrastructure. While the token navigates through current market uncertainties, its integral role in facilitating transactions and decentralized applications on Binance Chain provides a solid basis for potential growth.
Solana (SOL): Pioneering Speed and Innovation in the Cryptocurrency Market
Solana (SOL), the more famous altcoin, has demonstrated a notable recovery recently, buoyed by increased activity within its ecosystem. The total open interest in Solana (SOL) tokens has surged, with a marked price rise of over 31% from its low point this month.
The price of Solana (SOL) reached a new monthly high of $162.90, propelled by strong performances across its ecosystem, including significant gains in tokens like Bonk and Solend. The volume of trading within the Solana (SOL) network has escalated significantly, reaching billions, which underscores the robust market engagement and the liquidity flowing through Solana’s platforms.
Solana (SOL) price trajectory appears extremely bullish, with technical indicators like the Relative Strength Index (RSI) and Stochastic Oscillator signaling strong upward momentum. The network’s substantial growth in DeFi, along with its increasing number of protocols and addresses, positions it as a leading player in the crypto space. Looking ahead, the Solana (SOL) token could potentially reach upwards of $200, which would represent a significant increase from its current levels.
Conclusion
In the ever-evolving landscape of the cryptocurrency market, the positive sentiment continues to build. It is primarily driven by a blend of technical and market fundamentals that suggest a significant upside. The current market conditions are akin to previous cycles that have led to robust growth. This reinforces predictions of potential expansion up to 350% from present levels. This growth is supported by:
Escalating interest from both retail and institutional investors;
Technological advancements;
Increasing regulatory clarity.
Specific coins like Solana (SOL) and BNB Coin (BNB) are uniquely poised to leverage this anticipated surge. The high-promise projects are actively benefiting from their recent developments and the broader market’s positive trajectory.
In a particular manner, the rise of these digital assets is also beneficial for cryptocurrencies like Solana (SOL) and BNB Coin (BNB). The former has been making progress because it can handle many transactions swiftly. This quality makes it more attractive for decentralized applications. Meanwhile, BNB Coin (BNB) still enjoys advantages from its connection with Binance exchange. As the general market dynamics display positive movements, these specific digital currencies should do similarly well – mirroring the wider possibilities.
Ride The Wave of Innovation with ScapesMania
The introduction of a new crypto project is usually met with very cautious optimism. But when its numerous past sales and token generation event (TGE) are a huge success, it all seems like the first step on a path full of growth potential. ScapesMania, the groundbreaking casual gaming project, has a lot to show for its unstoppable hype.
$MANIA has stepped into PancakeSwap, a decentralized exchange on the Binance Smart Chain network known for its extensive user base and liquidity. The debut trading day proved to be impressive. The token price demonstrated resilience, indicating robust tokenomics and promising prospects for the project. Unlike short-term ICOs, ScapesMania has proven itself to be a serious venture within a thriving market.
Just let the numbers speak for themselves:
Holder count: 18.41K
24-hour trading volume: $2.25M
Over 2,535 buys and 1,651 sells
ScapesMania also topped DEXTools’ Hot Pairs list right away after its debut.
This project started out with a presale event that garnered an incredible $6.125 million. The fact that it attracted over 60,000 followers across different social media networks and a vast number of holders is even more remarkable. This strong support and funding demonstrate how appealing and promising the project is to a wide audience. A real breakthrough might be just around the corner, so it would be a waste not to grab $MANIA tokens before they skyrocket.
The launch of liquidity pairings including MANIA/WBNB and MANIA/USDT marked the beginning of active trading. The demand from the community led to USDT becoming the main source of liquidity.
Why get involved with ScapesMania now that it’s listed? First, $MANIA tokenomics are balanced, with a cliff and vesting system helping maintain stability. Second, through DAO governance, community members can vote on ecosystem development decisions. Finally, ScapesMania continuously expands token utility, offering more benefits to $MANIA holders.
With a strong plan for promoting the project after listing, its success might keep up the record-breaking pace after its debut. The team’s dedication to long-term development and prominence in the cryptocurrency industry is shown by their impressive marketing efforts — 75K+ average monthly traffic is no joke.
Additional upsides that may be among the biggest deciding factors are:
The project’s smart contract has been approved by BlockSafu. Holders may rest certain that the project’s infrastructure is reliable and up to par thanks to this endorsement.
Enthusiastic support from numerous notable crypto influencers. It lends legitimacy and affirms ScapesMania’s status as one of the promising new projects.
Experienced team. Innovating and executing a project successfully requires a team of seasoned specialists. This project is in a strong position to overcome any obstacles and take advantage of opportunities.
Bright future. The project has come a long way, but it still has a long way to go. There are tentative plans to list on a centralized exchange (CEX), which will provide access to more markets and more liquidity.
Everything about ScapesMania was carefully designed to facilitate major growth potential. From successful, well-publicized sales to its advantageous alliances, seasoned staff, and strategic positioning in the casual gaming niche – it looks poised for big things.
Choosing ScapesMania right now, post-TGE, offers early access, exclusive benefits, diversification, lower competition within a dynamic niche, and, more importantly, a potentially perfectly-timed entry point. The coin’s stable post-listing price and strong initial support, coupled with an influx of newcomers, indicate long-term confidence, so it might be the time to make your decision.
>>> Get $MANIA Now <<<
BNB Coin (BNB): A Central Pillar in the Expanding Binance Ecosystem
First, let’s talk about BNB Coin (BNB). It’s the native token of the Binance ecosystem and it is currently navigating through a volatile market environment. Recent geopolitical tensions have influenced trading activities, but the coin continues to exhibit resilience amid market corrections.
Despite slight dips due to external market pressures, BNB Coin (BNB) maintains its position as a critical asset within the Binance trading platform and its associated chains. The fluctuations reflect broader market sentiments but also highlight the coin’s fundamental strengths as it recovers from these dips. The outlook for BNB Coin (BNB) remains optimistic as it benefits from Binance’s ongoing expansion and the increasing utility of its blockchain infrastructure. While the token navigates through current market uncertainties, its integral role in facilitating transactions and decentralized applications on Binance Chain provides a solid basis for potential growth.
Solana (SOL): Pioneering Speed and Innovation in the Cryptocurrency Market
Solana (SOL), the more famous altcoin, has demonstrated a notable recovery recently, buoyed by increased activity within its ecosystem. The total open interest in Solana (SOL) tokens has surged, with a marked price rise of over 31% from its low point this month.
The price of Solana (SOL) reached a new monthly high of $162.90, propelled by strong performances across its ecosystem, including significant gains in tokens like Bonk and Solend. The volume of trading within the Solana (SOL) network has escalated significantly, reaching billions, which underscores the robust market engagement and the liquidity flowing through Solana’s platforms.
Solana (SOL) price trajectory appears extremely bullish, with technical indicators like the Relative Strength Index (RSI) and Stochastic Oscillator signaling strong upward momentum. The network’s substantial growth in DeFi, along with its increasing number of protocols and addresses, positions it as a leading player in the crypto space. Looking ahead, the Solana (SOL) token could potentially reach upwards of $200, which would represent a significant increase from its current levels.
Conclusion
In the ever-evolving landscape of the cryptocurrency market, the positive sentiment continues to build. It is primarily driven by a blend of technical and market fundamentals that suggest a significant upside. The current market conditions are akin to previous cycles that have led to robust growth. This reinforces predictions of potential expansion up to 350% from present levels. This growth is supported by:
Escalating interest from both retail and institutional investors;
Technological advancements;
Increasing regulatory clarity.
Specific coins like Solana (SOL) and BNB Coin (BNB) are uniquely poised to leverage this anticipated surge. The high-promise projects are actively benefiting from their recent developments and the broader market’s positive trajectory.
Hipposol, a Solana-based Memecoin Announces $Hippos Token Presale Round
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
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
Solana Memecoin Crypto Rabbit Prepares to Take on Shiba Inu and Dogecoin
Crypto Rabbit (CRYRAB) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Crypto Rabbit (CRYRAB), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Crypto Rabbit presents a similar opportunity.
Crypto Rabbit has a market cap below $10,000 at the moment, meaning that even if it just reaches a modest market cap of $200,000-$500,000, early investors could generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,400% in the coming two days, and Crypto Rabbit could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Crypto Rabbit can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Crypto Rabbit on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Crypto Rabbit by entering its contract address – CYaT4YK5d8YJ1DP9Xrh5sHwxqZwm8YFK6iWkkcrWFe5A – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like Crypto Rabbit (CRYRAB).
Crypto Rabbit (CRYRAB), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Crypto Rabbit presents a similar opportunity.
Crypto Rabbit has a market cap below $10,000 at the moment, meaning that even if it just reaches a modest market cap of $200,000-$500,000, early investors could generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,400% in the coming two days, and Crypto Rabbit could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Crypto Rabbit can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Crypto Rabbit on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Crypto Rabbit by entering its contract address – CYaT4YK5d8YJ1DP9Xrh5sHwxqZwm8YFK6iWkkcrWFe5A – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like Crypto Rabbit (CRYRAB).
Crypto Poker Site CoinPoker Launches CSOP Tournament Series With $1M Pot and Removes Cashout Fees
Willemstad, Curacao, April 24th, 2024, Chainwire
CoinPoker, the world’s largest cryptocurrency poker platform, has launched its annual Crypto Series of Online Poker (CSOP) Spring tournament series while also removing all Cashout Fees as announced by the team on X:
After kicking off on Friday April 19, the ongoing tournament series will end on April 28, featuring 41 events with a combined $1 million in guaranteed prize pools.
CSOP Spring Tournament Spans 41 Events Over 10 Days
Drawing comparisons to the prestigious World Series of Poker (WSOP), the CSOP is one of the biggest online poker tournament series to use cryptocurrencies.
CoinPoker’s flagship CSOP series has grown in stature each year, attracting players globally to compete for seven-figure prize pools paid out in crypto.
This year’s CSOP Spring edition has also attracted high stakes cash game action, with 1000/2000 games running on Sunday and some poker pots over $300k.
The ten days of the CSOP and 41 tournaments encompass a range of buy-in levels, from $20 openers to the $500 CSOP Grand Finale main event on April 28, all with freeroll qualifier events to satellite in at a discount.
Players can also expect a diverse slate of formats, including progressive knockout (PKO), Pot Limit Omaha (PLO), “MonsterStack” big blind events, and more mixed throughout the series.
CoinPoker’s CHP Token Offers Ethereum-Based Utility For Platform Rewards
The CSOP Spring event is also shining the spotlight on CoinPoker’s ecosystem.
CoinPoker is the original cryptocurrency poker site, launched in 2017 with a vision of bringing blockchain technology to the poker world.
The lifeblood of CoinPoker’s ecosystem is CHP, a utility token built on the Ethereum network.
Though poker games are played using the USDT stablecoin, CHP serves as a “bonusing fuel” that provides rewards and incentives for token holders.
Players can also earn CHP through the platform’s various promotions, rake races, and referral programs.
The token is currently available to trade through the QuickSwap DEX on the Polygon network.
At the time of writing, CHP is valued at $0.059 and is up 5% in the past seven days.
CHP’s market cap is just over $15 million, with over 98% of the 278,237,314 supply in circulation.
Poker Pro Tony G Serves as CoinPoker Ambassador
A key part of CoinPoker’s credibility in the poker world comes from its association with renowned pro Tony G (Antanas Guoga).
The Lithuanian-Australian poker legend serves as an ambassador and representative for the platform.
Tony G has an illustrious poker resume, with 15 World Series of Poker money finishes and two final table appearances at the World Poker Tour.
Tony G took part in the largest ever online poker pot worth over $7.7 million, played on CoinPoker’s platform. Tony’s decades of experience have helped steer CoinPoker into becoming one of the most popular crypto poker rooms.
About CoinPoker
CoinPoker is the world’s premier online crypto poker room and has been operating since 2017.
Using blockchain technology and cryptocurrencies, CoinPoker provides a secure, transparent, and provably fair poker experience.
With high-profile ambassadors like Tony G representing the platform, CoinPoker hosts regular tournaments, attracting thousands of players globally to compete for crypto prizes.
Players can register a free anonymous CoinPoker account here to get started playing in the CSOP – all that’s needed is a crypto wallet, email and phone number.
CoinPoker 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.
Contact
CoinPokercontact@coinpoker.com
CoinPoker, the world’s largest cryptocurrency poker platform, has launched its annual Crypto Series of Online Poker (CSOP) Spring tournament series while also removing all Cashout Fees as announced by the team on X:
After kicking off on Friday April 19, the ongoing tournament series will end on April 28, featuring 41 events with a combined $1 million in guaranteed prize pools.
CSOP Spring Tournament Spans 41 Events Over 10 Days
Drawing comparisons to the prestigious World Series of Poker (WSOP), the CSOP is one of the biggest online poker tournament series to use cryptocurrencies.
CoinPoker’s flagship CSOP series has grown in stature each year, attracting players globally to compete for seven-figure prize pools paid out in crypto.
This year’s CSOP Spring edition has also attracted high stakes cash game action, with 1000/2000 games running on Sunday and some poker pots over $300k.
The ten days of the CSOP and 41 tournaments encompass a range of buy-in levels, from $20 openers to the $500 CSOP Grand Finale main event on April 28, all with freeroll qualifier events to satellite in at a discount.
Players can also expect a diverse slate of formats, including progressive knockout (PKO), Pot Limit Omaha (PLO), “MonsterStack” big blind events, and more mixed throughout the series.
CoinPoker’s CHP Token Offers Ethereum-Based Utility For Platform Rewards
The CSOP Spring event is also shining the spotlight on CoinPoker’s ecosystem.
CoinPoker is the original cryptocurrency poker site, launched in 2017 with a vision of bringing blockchain technology to the poker world.
The lifeblood of CoinPoker’s ecosystem is CHP, a utility token built on the Ethereum network.
Though poker games are played using the USDT stablecoin, CHP serves as a “bonusing fuel” that provides rewards and incentives for token holders.
Players can also earn CHP through the platform’s various promotions, rake races, and referral programs.
The token is currently available to trade through the QuickSwap DEX on the Polygon network.
At the time of writing, CHP is valued at $0.059 and is up 5% in the past seven days.
CHP’s market cap is just over $15 million, with over 98% of the 278,237,314 supply in circulation.
Poker Pro Tony G Serves as CoinPoker Ambassador
A key part of CoinPoker’s credibility in the poker world comes from its association with renowned pro Tony G (Antanas Guoga).
The Lithuanian-Australian poker legend serves as an ambassador and representative for the platform.
Tony G has an illustrious poker resume, with 15 World Series of Poker money finishes and two final table appearances at the World Poker Tour.
Tony G took part in the largest ever online poker pot worth over $7.7 million, played on CoinPoker’s platform. Tony’s decades of experience have helped steer CoinPoker into becoming one of the most popular crypto poker rooms.
About CoinPoker
CoinPoker is the world’s premier online crypto poker room and has been operating since 2017.
Using blockchain technology and cryptocurrencies, CoinPoker provides a secure, transparent, and provably fair poker experience.
With high-profile ambassadors like Tony G representing the platform, CoinPoker hosts regular tournaments, attracting thousands of players globally to compete for crypto prizes.
Players can register a free anonymous CoinPoker account here to get started playing in the CSOP – all that’s needed is a crypto wallet, email and phone number.
CoinPoker 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.
Contact
CoinPokercontact@coinpoker.com
Base Chain Welcomes Inaugural Meme Coin Launchpad: a Beacon Against Scams and Rug Pulls
Victoria, Seychelles, April 24th, 2024, Chainwire
FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls.
With the meme coin market experiencing unprecedented growth, rising scams, and rug pulls, FOMO BULL CLUB recognized the urgent need for a reliable launchpad that prioritizes community safety while fostering meme coin innovation. The launchpad is meticulously designed to encourage creativity, enable democratic decision-making, and safeguard against fraudulent activities.
In its first phase, the launchpad introduces eight exciting meme coins, each with unique characteristics and potential to disrupt the meme coin landscape. However, the real power lies with its launchpad members, who can vote on which meme coins will be launched, ensuring that community preferences dictate the selection process.
FOMO BULL CLUB’s commitment to community protection is not just a statement; it’s evident in every aspect of the launchpad. Smart contracts undergo auditing, and ownership is renounced to eliminate the risk of rug pulls. Additionally, the decentralized nature of the launchpad minimizes the influence of gatekeepers, ensuring fair and transparent meme coin launches.
“We are excited to introduce the FOMO BULL CLUB meme coin launchpad and empower our community to shape the future of meme coins,” said Jordan Charters, Head of Business Development of FOMO BULL CLUB. “With our decentralized approach and focus on community protection, we aim to revolutionize the meme coin space and foster innovation and creativity.”
Visit https://fomobull.club to learn more.
Contact
FOMO BULL CLUBfomobullclub@gmail.com
FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls.
With the meme coin market experiencing unprecedented growth, rising scams, and rug pulls, FOMO BULL CLUB recognized the urgent need for a reliable launchpad that prioritizes community safety while fostering meme coin innovation. The launchpad is meticulously designed to encourage creativity, enable democratic decision-making, and safeguard against fraudulent activities.
In its first phase, the launchpad introduces eight exciting meme coins, each with unique characteristics and potential to disrupt the meme coin landscape. However, the real power lies with its launchpad members, who can vote on which meme coins will be launched, ensuring that community preferences dictate the selection process.
FOMO BULL CLUB’s commitment to community protection is not just a statement; it’s evident in every aspect of the launchpad. Smart contracts undergo auditing, and ownership is renounced to eliminate the risk of rug pulls. Additionally, the decentralized nature of the launchpad minimizes the influence of gatekeepers, ensuring fair and transparent meme coin launches.
“We are excited to introduce the FOMO BULL CLUB meme coin launchpad and empower our community to shape the future of meme coins,” said Jordan Charters, Head of Business Development of FOMO BULL CLUB. “With our decentralized approach and focus on community protection, we aim to revolutionize the meme coin space and foster innovation and creativity.”
Visit https://fomobull.club to learn more.
Contact
FOMO BULL CLUBfomobullclub@gmail.com
Bitcoin Mining Revenue Hits Record $107.7 Million on Halving Day, Fees Soar to All-Time High
On April 20, 2024, Bitcoin mining revenue reached a record-breaking $107.7 million, marking a historic high on the day of Bitcoin’s fourth halving event.
This milestone was primarily fueled by mining rewards and transaction fees as the cryptocurrency community rallied to participate in this pivotal moment.
The day saw an exceptional amount of activity with $2.4 million, or 37.7 BTC, spent in transaction fees alone by investors eager to secure a spot on the 840,000th Bitcoin block.
This block, pivotal due to the halving event, processed 3,050 transactions, averaging nearly $800 in fees per transaction.
The rush to record transactions on this significant block drove fees to unprecedented levels.
This surge in transaction fees was largely driven by the excitement surrounding the launch of Casey Rodarmor’s Runes Protocol, which coincided with the halving.
The enthusiasm to mint rare satoshis on the halving block added to the frenzy, pushing the day’s earnings for miners past the previous record of $78.7 million achieved on March 11.
At that time, Bitcoin had reached a new high of $71,415, which significantly influenced mining revenue as payouts are in BTC.
READ MORE: Pro-XRP Lawyer John Deaton Advocates for Coinbase Users in SEC Lawsuit, Sets Sights on Senate Seat
The halving event itself, a mechanism designed to reduce the block reward by half periodically, cut the mining reward to 3.125 BTC per block.
This reduction is part of a deflationary model intended to control the supply of new bitcoins entering the market.
However, the excitement was short-lived. By the following day, the average transaction fee on the Bitcoin network had drastically dropped from a record high of $128 to just $8–$10 for medium-priority transactions, as reported by mempool.space.
This decline reflects a normalization of fees following the halving event hype.
As the Bitcoin community reflects on this monumental day, the impact of such events continues to underscore the volatile nature of cryptocurrency fees and mining revenues.
The dynamics of supply and demand in the blockchain space remain a fascinating aspect of its economic and technological landscape.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
This milestone was primarily fueled by mining rewards and transaction fees as the cryptocurrency community rallied to participate in this pivotal moment.
The day saw an exceptional amount of activity with $2.4 million, or 37.7 BTC, spent in transaction fees alone by investors eager to secure a spot on the 840,000th Bitcoin block.
This block, pivotal due to the halving event, processed 3,050 transactions, averaging nearly $800 in fees per transaction.
The rush to record transactions on this significant block drove fees to unprecedented levels.
This surge in transaction fees was largely driven by the excitement surrounding the launch of Casey Rodarmor’s Runes Protocol, which coincided with the halving.
The enthusiasm to mint rare satoshis on the halving block added to the frenzy, pushing the day’s earnings for miners past the previous record of $78.7 million achieved on March 11.
At that time, Bitcoin had reached a new high of $71,415, which significantly influenced mining revenue as payouts are in BTC.
READ MORE: Pro-XRP Lawyer John Deaton Advocates for Coinbase Users in SEC Lawsuit, Sets Sights on Senate Seat
The halving event itself, a mechanism designed to reduce the block reward by half periodically, cut the mining reward to 3.125 BTC per block.
This reduction is part of a deflationary model intended to control the supply of new bitcoins entering the market.
However, the excitement was short-lived. By the following day, the average transaction fee on the Bitcoin network had drastically dropped from a record high of $128 to just $8–$10 for medium-priority transactions, as reported by mempool.space.
This decline reflects a normalization of fees following the halving event hype.
As the Bitcoin community reflects on this monumental day, the impact of such events continues to underscore the volatile nature of cryptocurrency fees and mining revenues.
The dynamics of supply and demand in the blockchain space remain a fascinating aspect of its economic and technological landscape.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Me3 Launches Private Sale on Yield App: Revolutionising Fan Engagement and Digital Asset Ownership
Dubai, United Arab Emirates, April 24th, 2024, Chainwire
Me3, a prediction platform that integrates digital asset ownership with live events, Web 2.5 gaming & eSports interaction, announces its private sale on the Yield App Angel Launchpad. Yield App, a well-known crypto platform that bridges the gap between traditional finance and the innovative world of Web3, making crypto accessible and rewarding for everyone, teams up with Me3 for an opportunity to revolutionise the way fans interact with their favourite events.
Key highlights:
Stake to Win Rewards: Unlock exclusive rewards and incentives with Me3’s ‘Stake to Win’ feature, incentivizing active participation and fostering a vibrant and rewarding ecosystem for all stakeholders.
Flexible Staking and Prediction Pools: Users can engage in prediction pools with flexible staking options, allowing them to amplify their participation and earn rewards for their insights into various events and outcomes.
Yield Battle Feature: Me3 introduces the innovative ‘Yield Battle’ feature, enabling users to potentially earn yields while blending decentralized finance (DeFi) with the excitement of competitive gaming, further enhancing their earning potential and entertainment experience.
Staking Rewards and Fee Discounts: $ME3 token holders stand to benefit from staking rewards and fee discounts, aligning their interests with the long-term success of the platform.
Support from Established VCs and KOLs: With investments from renowned venture capital firms such as Kakao Games (BORA Ecosystem Fund), Outlier Ventures, Master Ventures, Maven Capital, Tokocrypto (acquired by Binance), and more, with support from major KOLs like Jett Chang, Brian D Evans, Mario Nawful, and many others.
Successful Offering on Top Launchpads: Having previously completed successful offerings on top launchpads such as Trustswap & Ferrum DAO, Me3 is primed for further growth and success in the digital asset space.
“At Me3, we are leading a revolution in the Web3 space by launching innovative products that reinvent the relationship between digital assets and esports. We increase user engagement by combining competitive predictions with the strategic depth of yield-based markets and fan-driven activities through unique features like Hype Pool, Yield Battle, and FANatic. Furthermore, we are growing our reach through strategic alliances with leading Web 2.5 platforms and Asean gaming communities.” said Matthew Ainscow, Founder of Me3.
Launch on Yield App
Me3 through Yield Apps launchpad is offering a private sale to it’s users of up to $400,000 at a token sale price of @ 0.007 per ME3 token at a $7 million fully diluted valuation (FDV).
Tokenomics
$ME3 represents the wide range of features that it brings to the ecosystem. $ME3 token users can engage with Prediction Pools, enjoy safe and transparent transactions, enjoy staking incentives (with up to 50% of platform fees flowing back to them), enjoy fee discounts, and a lot more.
About Me3
Introducing Me3, a pioneering platform that integrates Live Events, Gaming, Sports, and Esports engagement with the dynamic world of digital asset owners.
About Yield.app
Introducing Yield.app, The next generation of personal finance. Built with the user in mind, Yield App offers all the tools needed to grow the user’s crypto portfolio
More details about Yield App can be found on Yield App’s website and Twitter.
For in-depth information can be found here on Yield App’s launchpad sale.
Contact
Chief Marketing OfficerGrigory Prelovskiygrigory@yield.app
Me3, a prediction platform that integrates digital asset ownership with live events, Web 2.5 gaming & eSports interaction, announces its private sale on the Yield App Angel Launchpad. Yield App, a well-known crypto platform that bridges the gap between traditional finance and the innovative world of Web3, making crypto accessible and rewarding for everyone, teams up with Me3 for an opportunity to revolutionise the way fans interact with their favourite events.
Key highlights:
Stake to Win Rewards: Unlock exclusive rewards and incentives with Me3’s ‘Stake to Win’ feature, incentivizing active participation and fostering a vibrant and rewarding ecosystem for all stakeholders.
Flexible Staking and Prediction Pools: Users can engage in prediction pools with flexible staking options, allowing them to amplify their participation and earn rewards for their insights into various events and outcomes.
Yield Battle Feature: Me3 introduces the innovative ‘Yield Battle’ feature, enabling users to potentially earn yields while blending decentralized finance (DeFi) with the excitement of competitive gaming, further enhancing their earning potential and entertainment experience.
Staking Rewards and Fee Discounts: $ME3 token holders stand to benefit from staking rewards and fee discounts, aligning their interests with the long-term success of the platform.
Support from Established VCs and KOLs: With investments from renowned venture capital firms such as Kakao Games (BORA Ecosystem Fund), Outlier Ventures, Master Ventures, Maven Capital, Tokocrypto (acquired by Binance), and more, with support from major KOLs like Jett Chang, Brian D Evans, Mario Nawful, and many others.
Successful Offering on Top Launchpads: Having previously completed successful offerings on top launchpads such as Trustswap & Ferrum DAO, Me3 is primed for further growth and success in the digital asset space.
“At Me3, we are leading a revolution in the Web3 space by launching innovative products that reinvent the relationship between digital assets and esports. We increase user engagement by combining competitive predictions with the strategic depth of yield-based markets and fan-driven activities through unique features like Hype Pool, Yield Battle, and FANatic. Furthermore, we are growing our reach through strategic alliances with leading Web 2.5 platforms and Asean gaming communities.” said Matthew Ainscow, Founder of Me3.
Launch on Yield App
Me3 through Yield Apps launchpad is offering a private sale to it’s users of up to $400,000 at a token sale price of @ 0.007 per ME3 token at a $7 million fully diluted valuation (FDV).
Tokenomics
$ME3 represents the wide range of features that it brings to the ecosystem. $ME3 token users can engage with Prediction Pools, enjoy safe and transparent transactions, enjoy staking incentives (with up to 50% of platform fees flowing back to them), enjoy fee discounts, and a lot more.
About Me3
Introducing Me3, a pioneering platform that integrates Live Events, Gaming, Sports, and Esports engagement with the dynamic world of digital asset owners.
About Yield.app
Introducing Yield.app, The next generation of personal finance. Built with the user in mind, Yield App offers all the tools needed to grow the user’s crypto portfolio
More details about Yield App can be found on Yield App’s website and Twitter.
For in-depth information can be found here on Yield App’s launchpad sale.
Contact
Chief Marketing OfficerGrigory Prelovskiygrigory@yield.app
Manchester City Teams Up With OKX to Launch Exclusive NFT Collection Offering Unique Jerseys
Manchester City, a prominent Premier League football club, has announced a new venture in its evolving digital outreach strategy: the launch of a nonfungible token (NFT) collection titled “Unseen City Shirts.”
This initiative is part of Manchester City’s ongoing partnership with cryptocurrency exchange OKX.
The collection will offer fans the opportunity to secure unique jerseys and exclusive matchday experiences through the minting of NFTs on the OKX app.
The NFTs in question are not just digital assets; they are tied to physical rewards.
Depending on their rarity, these collectibles can unlock special redesigned football shirts and other experiences.
For instance, the rarest among them, only five in number, will provide holders with an opportunity to play on Manchester City’s pitch, receive two match tickets, and own a limited-edition City jersey.
Another set of five rare NFTs will grant access to a stadium tour, a hospitality ticket, and a jersey adorned with “The Roses and the Bees” design, celebrating local symbols like the Lancashire rose and the Manchester worker bee.
These jersey designs have been crafted by artist Christian Jeffery, featuring hand-painted motifs.
Discussing the launch, Nuria Tarré, Man City’s chief marketing and fan experience officer, highlighted the campaign as an appeal to a more technologically inclined audience. She stated, “We think it’s important that you can own this piece digitally.
“I think that’s one of the beauties of Web3 — it changes the ownership process.”
This reflects the club’s broader strategy to integrate more Web3 and digital ownership concepts to engage their fan base.
READ MORE:Is a Bullish Phase Ahead for Crypto?
Haider Rafique, OKX’s global chief marketing officer, detailed the technical side, noting that the rarity of these NFTs is algorithmically determined, ensuring a fair distribution of the coveted items.
He also mentioned that the past three years have involved foundational efforts to build products that connect sports fans and Web3 users.
“I don’t think it’s a lack of intention. I think it’s a lack of product and technology infrastructure, which will come as the industry progresses and as our partnership progresses,” Rafique explained.
OKX’s relationship with Manchester City began in March 2022, and has since deepened, with OKX becoming the club’s official training kit partner for the 2022–2023 season and later the official sleeve partner in a multiyear deal starting June 2023.
Tarré remarked on the ongoing evolution of technology and its applications, expressing enthusiasm about the possibilities: “Technology keeps on evolving and applications keep on evolving.
“You can add layers of sophistication, creation, and co-creation. We’re definitely willing to explore further.”
This NFT launch, thus, stands as a testament to Manchester City’s commitment to innovation and digital engagement, promising to offer both novelty and utility to its global fanbase.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
This initiative is part of Manchester City’s ongoing partnership with cryptocurrency exchange OKX.
The collection will offer fans the opportunity to secure unique jerseys and exclusive matchday experiences through the minting of NFTs on the OKX app.
The NFTs in question are not just digital assets; they are tied to physical rewards.
Depending on their rarity, these collectibles can unlock special redesigned football shirts and other experiences.
For instance, the rarest among them, only five in number, will provide holders with an opportunity to play on Manchester City’s pitch, receive two match tickets, and own a limited-edition City jersey.
Another set of five rare NFTs will grant access to a stadium tour, a hospitality ticket, and a jersey adorned with “The Roses and the Bees” design, celebrating local symbols like the Lancashire rose and the Manchester worker bee.
These jersey designs have been crafted by artist Christian Jeffery, featuring hand-painted motifs.
Discussing the launch, Nuria Tarré, Man City’s chief marketing and fan experience officer, highlighted the campaign as an appeal to a more technologically inclined audience. She stated, “We think it’s important that you can own this piece digitally.
“I think that’s one of the beauties of Web3 — it changes the ownership process.”
This reflects the club’s broader strategy to integrate more Web3 and digital ownership concepts to engage their fan base.
READ MORE:Is a Bullish Phase Ahead for Crypto?
Haider Rafique, OKX’s global chief marketing officer, detailed the technical side, noting that the rarity of these NFTs is algorithmically determined, ensuring a fair distribution of the coveted items.
He also mentioned that the past three years have involved foundational efforts to build products that connect sports fans and Web3 users.
“I don’t think it’s a lack of intention. I think it’s a lack of product and technology infrastructure, which will come as the industry progresses and as our partnership progresses,” Rafique explained.
OKX’s relationship with Manchester City began in March 2022, and has since deepened, with OKX becoming the club’s official training kit partner for the 2022–2023 season and later the official sleeve partner in a multiyear deal starting June 2023.
Tarré remarked on the ongoing evolution of technology and its applications, expressing enthusiasm about the possibilities: “Technology keeps on evolving and applications keep on evolving.
“You can add layers of sophistication, creation, and co-creation. We’re definitely willing to explore further.”
This NFT launch, thus, stands as a testament to Manchester City’s commitment to innovation and digital engagement, promising to offer both novelty and utility to its global fanbase.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Crypto Rabbit Launches on Solana, Prepares to Take on Shiba Inu and Dogecoin
Crypto Rabbit (CRYRAB) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Crypto Rabbit (CRYRAB), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Crypto Rabbit presents a similar opportunity.
Crypto Rabbit has a market cap below $10,000 at the moment, meaning that even if it just reaches a modest market cap of $200,000-$500,000, early investors could generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,400% in the coming two days, and Crypto Rabbit could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Crypto Rabbit can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Crypto Rabbit on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Crypto Rabbit by entering its contract address – CYaT4YK5d8YJ1DP9Xrh5sHwxqZwm8YFK6iWkkcrWFe5A – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like Crypto Rabbit (CRYRAB).
Crypto Rabbit (CRYRAB), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Crypto Rabbit presents a similar opportunity.
Crypto Rabbit has a market cap below $10,000 at the moment, meaning that even if it just reaches a modest market cap of $200,000-$500,000, early investors could generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,400% in the coming two days, and Crypto Rabbit could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Crypto Rabbit can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Crypto Rabbit on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Crypto Rabbit by entering its contract address – CYaT4YK5d8YJ1DP9Xrh5sHwxqZwm8YFK6iWkkcrWFe5A – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like Crypto Rabbit (CRYRAB).
Arab Whale Launches on Solana, Looks to Challenge Shiba Inu and DogeCoin
Arab Whale (ARBWHL) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Arab Whale (ARBWHL), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Arab Whale presents a similar opportunity.
Arab Whale has a market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 8,000% in the coming two days, and Arab Whale could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Arab Whale can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Arab Whale on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Arab Whale by entering its contract address – H1wuABRU2nZMjwKqVguYJh5LdsTwCB61z2zazPqdf3WT – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like Arab Whale (ARBWHL).
Arab Whale (ARBWHL), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Arab Whale presents a similar opportunity.
Arab Whale has a market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 8,000% in the coming two days, and Arab Whale could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Arab Whale can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Arab Whale on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Arab Whale by entering its contract address – H1wuABRU2nZMjwKqVguYJh5LdsTwCB61z2zazPqdf3WT – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like Arab Whale (ARBWHL).
The Best Investment for 2024: Embark on a Revolutionary Crypto Wave With the Memereum Presale
First Insurance on Blockchain
As much as the bull market presents many opportunities for investors, it takes work and effort to recognize these opportunities. Memereum is an innovative Defi crypto project offering a comprehensive suite of financial products and services, focusing on insurance, lending, staking, a DeFi card, and a decentralized exchange. Click here to take part in the memereum presale.
The platform introduces its presale, which is set to revolutionize the crypto space. Notably, the Memereum presale is ongoing, and more than just a chance to make money; it’s a sign of a shared mission to bring about a financial age where everyone can be empowered and included.
Memereum ($MEME ) has been making waves owing to its novel approach to integrating insurance and financial products; it runs on the scalable blockchain network BNB Smart Chain. The team has earned investors’ trust through its partnerships with top industry players and its audit by Blocksafu. Memereum truly upholds its motto, “Got rugged? We got you!”
Participating in the ongoing presale gives investors early access to Memereum’s groundbreaking products and services and gives them a voice in shaping decentralized finance in the future.
Crypto Debit Cards, Fiat Protection, and Staking Opportunity
Memereum provides a protective measure in the volatile world of digital assets. The platform’s comprehensive insurance coverage safeguards investors against sudden and fraudulent withdrawals of funds and market volatility. This distinguishing factor is an exceptional provision of insurance against the devaluation of fiat currency, offering protection against economic uncertainties sometimes overlooked by conventional investments.
However, the advantages do not end there. By holding the Memereum token, investors can access lucrative staking options that offer a remarkable 183% APY in payouts. For those looking to hold their investments for a lengthy period of time or aiming to increase the value of their cryptocurrency portfolio, Memereum’s staking payouts provide a strong motivation.
In addition, Memereum presents a groundbreaking innovation with its Visa Debit Card on its roadmap, which would transform the usage of cryptocurrency holdings. With the increasing acceptance of cryptocurrencies in mainstream society, Memereum’s DeFi card will enable the effortless incorporation of digital assets into daily transactions, fundamentally transforming the understanding and utilization of currency.
Perks for Early Investors
Memereum is a pioneering platform in crypto lending, offering investors a unique option to obtain loans of up to 75% of their Memereum assets. They can use their Memereum tokens as collateral to borrow funds, which can be used for different investments or expenses.
As the Memereum presale continues, unique NFT awards are offered to high-value holders. Valued at over $2,500 on the open market, these special NFTs signify Memereum’s dedication to rewarding its most loyal investors. Remarkably, Memereum creates exclusivity and prestige among its top supporters, incentivizing significant investment in its ecosystem.
Along with its NFT benefits, Memereum’s upcoming decentralized exchange (DEX) debut will redefine crypto trading. With this development, Memereum hopes to give users more control over their digital assets and promote a more accessible and open trading environment.
Progress Up Until This Point
Over 9 million tokens have been sold so far during the Memereum presale —a sign of the high demand from investors. Memereum intends to burn fifty million tokens across multiple stages. This calculated maneuver is anticipated to have a favorable effect and augment the token’s value.
The opportunity for substantial gains is evident with a presale price of $0.027 and an expected listing price of $0.45. The price rise alone indicates a growth of 1600%, and it might go up to 100x shortly after.
In addition to this feat, an airdrop Zealy quest is ongoing and promises rewards to all participants. Everyone is invited to join the task and utilize the attached benefits. Remarkably, Memereum has been pre-listed on two exchanges—Azbit and VinDax. The team will soon announce the top 50 exchanges on all social media platforms.
Investors interested in participating in the Memereum presale can buy $MEME tokens with BNB, ETH, and USDT. Investing in a project that combines insurance, decentralized financial infrastructure solutions, and staking incentives in one convenient package is a great deal. This is an opportunity you won’t want to pass by, so why wait? Click here to take part in the memereum presale.
Social Links
Website: https://memereum.net/
Twitter: https://twitter.com/MemereumBSC
Telegram: https://t.me/MemereumBSC
YouTube: https://youtube.com/@Memereum
Instagram: https://www.instagram.com/officialmemereum/
Zealy: https://zealy.io/cw/memereum
Medium: https://medium.com/azbit-news/listing-alert-meme-e8a9d8adfb95
As much as the bull market presents many opportunities for investors, it takes work and effort to recognize these opportunities. Memereum is an innovative Defi crypto project offering a comprehensive suite of financial products and services, focusing on insurance, lending, staking, a DeFi card, and a decentralized exchange. Click here to take part in the memereum presale.
The platform introduces its presale, which is set to revolutionize the crypto space. Notably, the Memereum presale is ongoing, and more than just a chance to make money; it’s a sign of a shared mission to bring about a financial age where everyone can be empowered and included.
Memereum ($MEME ) has been making waves owing to its novel approach to integrating insurance and financial products; it runs on the scalable blockchain network BNB Smart Chain. The team has earned investors’ trust through its partnerships with top industry players and its audit by Blocksafu. Memereum truly upholds its motto, “Got rugged? We got you!”
Participating in the ongoing presale gives investors early access to Memereum’s groundbreaking products and services and gives them a voice in shaping decentralized finance in the future.
Crypto Debit Cards, Fiat Protection, and Staking Opportunity
Memereum provides a protective measure in the volatile world of digital assets. The platform’s comprehensive insurance coverage safeguards investors against sudden and fraudulent withdrawals of funds and market volatility. This distinguishing factor is an exceptional provision of insurance against the devaluation of fiat currency, offering protection against economic uncertainties sometimes overlooked by conventional investments.
However, the advantages do not end there. By holding the Memereum token, investors can access lucrative staking options that offer a remarkable 183% APY in payouts. For those looking to hold their investments for a lengthy period of time or aiming to increase the value of their cryptocurrency portfolio, Memereum’s staking payouts provide a strong motivation.
In addition, Memereum presents a groundbreaking innovation with its Visa Debit Card on its roadmap, which would transform the usage of cryptocurrency holdings. With the increasing acceptance of cryptocurrencies in mainstream society, Memereum’s DeFi card will enable the effortless incorporation of digital assets into daily transactions, fundamentally transforming the understanding and utilization of currency.
Perks for Early Investors
Memereum is a pioneering platform in crypto lending, offering investors a unique option to obtain loans of up to 75% of their Memereum assets. They can use their Memereum tokens as collateral to borrow funds, which can be used for different investments or expenses.
As the Memereum presale continues, unique NFT awards are offered to high-value holders. Valued at over $2,500 on the open market, these special NFTs signify Memereum’s dedication to rewarding its most loyal investors. Remarkably, Memereum creates exclusivity and prestige among its top supporters, incentivizing significant investment in its ecosystem.
Along with its NFT benefits, Memereum’s upcoming decentralized exchange (DEX) debut will redefine crypto trading. With this development, Memereum hopes to give users more control over their digital assets and promote a more accessible and open trading environment.
Progress Up Until This Point
Over 9 million tokens have been sold so far during the Memereum presale —a sign of the high demand from investors. Memereum intends to burn fifty million tokens across multiple stages. This calculated maneuver is anticipated to have a favorable effect and augment the token’s value.
The opportunity for substantial gains is evident with a presale price of $0.027 and an expected listing price of $0.45. The price rise alone indicates a growth of 1600%, and it might go up to 100x shortly after.
In addition to this feat, an airdrop Zealy quest is ongoing and promises rewards to all participants. Everyone is invited to join the task and utilize the attached benefits. Remarkably, Memereum has been pre-listed on two exchanges—Azbit and VinDax. The team will soon announce the top 50 exchanges on all social media platforms.
Investors interested in participating in the Memereum presale can buy $MEME tokens with BNB, ETH, and USDT. Investing in a project that combines insurance, decentralized financial infrastructure solutions, and staking incentives in one convenient package is a great deal. This is an opportunity you won’t want to pass by, so why wait? Click here to take part in the memereum presale.
Social Links
Website: https://memereum.net/
Twitter: https://twitter.com/MemereumBSC
Telegram: https://t.me/MemereumBSC
YouTube: https://youtube.com/@Memereum
Instagram: https://www.instagram.com/officialmemereum/
Zealy: https://zealy.io/cw/memereum
Medium: https://medium.com/azbit-news/listing-alert-meme-e8a9d8adfb95
Robert F. Kennedy Jr. Proposes U.S. Budget on Blockchain for Unprecedented Transparency
Presidential candidate Robert F. Kennedy Jr. proposed a bold initiative at a rally in Michigan on April 21 to incorporate the entire U.S. budget into the blockchain.
This radical shift aims to enhance transparency by making budget details available to every American, around the clock.
Kennedy highlighted the potential for widespread oversight, stating, “We’re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.”
His vision represents a move towards greater accountability, enabling taxpayers to monitor how their money is being used continuously.
The suggestion has garnered significant support from cryptocurrency enthusiasts, who took to social media to praise the plan’s revolutionary promise to curb corruption.
One advocate mentioned, “checks and balances in our government doesn’t work if the branches are in on the corruption together (president and congress particularly) it’s time the people hold them accountable.”
This sentiment underscores a broader demand for a transparent public accounting system, believed to be an ideal application for blockchain technology, aside from its uses in supply chain management.
Despite the enthusiasm, there are detractors who perceive Kennedy’s strategy as a step towards implementing a central bank digital currency (CBDC), which Kennedy has previously opposed on privacy grounds.
READ MORE: Bitcoin’s Fourth Halving Sparks Bullish Outlook Amid ETF Growth and Record Highs
Critics argue that his blockchain approach indirectly supports the concept of a CBDC, a stance he has explicitly denied, advocating instead for an end to efforts moving towards such a currency system in the U.S.
Kennedy, who is running as an independent in the upcoming U.S. presidential election, has consistently shown support for decentralized technologies such as Bitcoin.
His commitment is further demonstrated by his acceptance of Bitcoin for campaign donations, a pioneering move among presidential candidates.
Furthermore, Kennedy has plans to back the U.S. dollar with Bitcoin should he be elected, signaling a significant pivot towards digital currency integration at a national level.
The rise of decentralized financial platforms is reshaping political campaigns and ideologies globally.
This trend is evidenced by the December 2023 election of Bitcoin-friendly Javier Milei as Argentine president, who campaigned on reducing governmental breadth.
Kennedy’s proposal aligns with a growing movement that challenges traditional centralized financial systems, advocating for alternatives that offer greater transparency and public control.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
This radical shift aims to enhance transparency by making budget details available to every American, around the clock.
Kennedy highlighted the potential for widespread oversight, stating, “We’re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.”
His vision represents a move towards greater accountability, enabling taxpayers to monitor how their money is being used continuously.
The suggestion has garnered significant support from cryptocurrency enthusiasts, who took to social media to praise the plan’s revolutionary promise to curb corruption.
One advocate mentioned, “checks and balances in our government doesn’t work if the branches are in on the corruption together (president and congress particularly) it’s time the people hold them accountable.”
This sentiment underscores a broader demand for a transparent public accounting system, believed to be an ideal application for blockchain technology, aside from its uses in supply chain management.
Despite the enthusiasm, there are detractors who perceive Kennedy’s strategy as a step towards implementing a central bank digital currency (CBDC), which Kennedy has previously opposed on privacy grounds.
READ MORE: Bitcoin’s Fourth Halving Sparks Bullish Outlook Amid ETF Growth and Record Highs
Critics argue that his blockchain approach indirectly supports the concept of a CBDC, a stance he has explicitly denied, advocating instead for an end to efforts moving towards such a currency system in the U.S.
Kennedy, who is running as an independent in the upcoming U.S. presidential election, has consistently shown support for decentralized technologies such as Bitcoin.
His commitment is further demonstrated by his acceptance of Bitcoin for campaign donations, a pioneering move among presidential candidates.
Furthermore, Kennedy has plans to back the U.S. dollar with Bitcoin should he be elected, signaling a significant pivot towards digital currency integration at a national level.
The rise of decentralized financial platforms is reshaping political campaigns and ideologies globally.
This trend is evidenced by the December 2023 election of Bitcoin-friendly Javier Milei as Argentine president, who campaigned on reducing governmental breadth.
Kennedy’s proposal aligns with a growing movement that challenges traditional centralized financial systems, advocating for alternatives that offer greater transparency and public control.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Exploring the Future of Finance: GALA, TRON, and a New Player Lead Crypto Innovation
In their newsworthy study, the co-founders of Glassnode think that the crypto market will grow by 350%, which is a huge increase. Several key signs point to this positive outlook. These signals show that crypto is becoming more popular and trusted as an actual trading category for companies. However, the research also shows that the market system now has a stronger base, which could lead to bigger spending. People are generally feeling better about the market because of the crypto’s current track record.
There are cases of big investments that support the positive view, such as a well-known “Ethereum whale” who bought a lot of ETH. This is a strong sign of faith in the future market. Today’s article will explore several coins that seem ready to experience growth in view of all the positivity.
Ride The Wave of Innovation with ScapesMania
The introduction of a new crypto project is usually met with very cautious optimism. But when its numerous past sales and token generation event (TGE) are a huge success, it all seems like the first step on a path full of growth potential. ScapesMania, the groundbreaking casual gaming project, has a lot to show for its unstoppable hype.
$MANIA has stepped into PancakeSwap, a decentralized exchange on the Binance Smart Chain network known for its extensive user base and liquidity. The debut trading day proved to be impressive. The token price demonstrated resilience, indicating robust tokenomics and promising prospects for the project. Unlike short-term ICOs, ScapesMania has proven itself to be a serious venture within a thriving market.
Just let the numbers speak for themselves:
Holder count: 18.41K
24-hour trading volume: $2.25M
Over 2,535 buys and 1,651 sells
ScapesMania also topped DEXTools’ Hot Pairs list right away after its debut.
This project started out with a presale event that garnered an incredible $6.125 million. The fact that it attracted over 60,000 followers across different social media networks and a vast number of holders is even more remarkable. This strong support and funding demonstrate how appealing and promising the project is to a wide audience. A real breakthrough might be just around the corner, so it would be a waste not to grab $MANIA tokens before they skyrocket.
The launch of liquidity pairings including MANIA/WBNB and MANIA/USDT marked the beginning of active trading. The demand from the community led to USDT becoming the main source of liquidity.
Why get involved with ScapesMania now that it’s listed? First, $MANIA tokenomics are balanced, with a cliff and vesting system helping maintain stability. Second, through DAO governance, community members can vote on ecosystem development decisions. Finally, ScapesMania continuously expands token utility, offering more benefits to $MANIA holders.
With a strong plan for promoting the project after listing, its success might keep up the record-breaking pace after its debut. The team’s dedication to long-term development and prominence in the cryptocurrency industry is shown by their impressive marketing efforts — 75K+ average monthly traffic is no joke.
Additional upsides that may be among the biggest deciding factors are:
The project’s smart contract has been approved by BlockSafu. Holders may rest certain that the project’s infrastructure is reliable and up to par thanks to this endorsement.
Enthusiastic support from numerous notable crypto influencers. It lends legitimacy and affirms ScapesMania’s status as one of the promising new projects.
Experienced team. Innovating and executing a project successfully requires a team of seasoned specialists. This project is in a strong position to overcome any obstacles and take advantage of opportunities.
Bright future. The project has come a long way, but it still has a long way to go. There are tentative plans to list on a centralized exchange (CEX), which will provide access to more markets and more liquidity.
Everything about ScapesMania was carefully designed to facilitate major growth potential. From successful, well-publicized sales to its advantageous alliances, seasoned staff, and strategic positioning in the casual gaming niche – it looks poised for big things.
Choosing ScapesMania right now, post-TGE, offers early access, exclusive benefits, diversification, lower competition within a dynamic niche, and, more importantly, a potentially perfectly-timed entry point. The coin’s stable post-listing price and strong initial support, coupled with an influx of newcomers, indicate long-term confidence, so it might be the time to make your decision.
>>> Get $MANIA Now <<<
Tron (TRX): Poised for Recovery with Strong Support
The first candidate, Tron (TRX), is maintaining a bullish structure, supported by a 405-day ascending support trend line that has been validated multiple times. The cryptocurrency’s ability to stay above this critical support line despite a 25% correction since its yearly peak suggests a resilient underlying strength in its market position.
Currently, Tron (TRX) finds itself at a confluence of support levels, bolstered by a horizontal support area and the 0.382 Fibonacci retracement level. This setup provides a strong foundation that could potentially cushion further declines and foster a rebound.
With the RSI indicating a bullish divergence from oversold territory, there is a significant chance that Tron (TRX) could witness another impressive rally similar to the one it experienced after a similar signal in 2022. The overall wave count on the weekly charts suggests an impending upward movement, possibly driving the price towards new highs. Conversely, a breakdown below the $0.107 support level could trigger a steeper decline to the lower bounds of its support channel at $0.095.
Gala (GALA): Rising Momentum Amid Market Fluctuations
Rounding out our text, there’s Gala (GALA). It has shown a notable uptick in its market presence with a recent price increase pushing its value to $0.04476, signaling a robust upward trend. The token’s market capitalization has ascended to $1.34 billion, reflecting a 6% growth. This surge indicates strong investor confidence and an active market, with trading volumes reaching a substantial $252 billion in a single day.
Despite a 22% depreciation over the last week and a 16% drop over the past month, Gala (GALA) maintains its vigor in the market. The fluctuations and periodic corrections suggest the market’s dynamic and adjusting nature. The cryptocurrency’s technical setup remains bullish, with resistance points hinting at potential growth towards and beyond the $0.05 mark.
Gala (GALA) continues to play a pivotal role in the Gala Games ecosystem, fueling transactions for NFT purchases and node license acquisitions. A crucial breakout above the $0.047 resistance could significantly propel the token’s price, potentially aiming for a milestone of $1. However, any downturn could pull the price back to the $0.04 support level, underscoring the market’s volatility.
Conclusion
Glassnode’s co-founders expect an amazing 350% growth in the crypto market, which might change everything. This positive view is supported by the fact that more institutions are becoming interested in cryptocurrency and more people are accepting it as a real way to trade. Important players like Gala (GALA) and Tron are a big part of what’s causing this shift in fortunes. Gala (GALA) is focused on games that use blockchain technology and Tron (TRX) is working to improve how content is distributed. As the market waits for this growth, attention also turns to how these coins can evolve strategically.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of our site, nor is it intended to be used as legal, tax, investment, or financial advice.
There are cases of big investments that support the positive view, such as a well-known “Ethereum whale” who bought a lot of ETH. This is a strong sign of faith in the future market. Today’s article will explore several coins that seem ready to experience growth in view of all the positivity.
Ride The Wave of Innovation with ScapesMania
The introduction of a new crypto project is usually met with very cautious optimism. But when its numerous past sales and token generation event (TGE) are a huge success, it all seems like the first step on a path full of growth potential. ScapesMania, the groundbreaking casual gaming project, has a lot to show for its unstoppable hype.
$MANIA has stepped into PancakeSwap, a decentralized exchange on the Binance Smart Chain network known for its extensive user base and liquidity. The debut trading day proved to be impressive. The token price demonstrated resilience, indicating robust tokenomics and promising prospects for the project. Unlike short-term ICOs, ScapesMania has proven itself to be a serious venture within a thriving market.
Just let the numbers speak for themselves:
Holder count: 18.41K
24-hour trading volume: $2.25M
Over 2,535 buys and 1,651 sells
ScapesMania also topped DEXTools’ Hot Pairs list right away after its debut.
This project started out with a presale event that garnered an incredible $6.125 million. The fact that it attracted over 60,000 followers across different social media networks and a vast number of holders is even more remarkable. This strong support and funding demonstrate how appealing and promising the project is to a wide audience. A real breakthrough might be just around the corner, so it would be a waste not to grab $MANIA tokens before they skyrocket.
The launch of liquidity pairings including MANIA/WBNB and MANIA/USDT marked the beginning of active trading. The demand from the community led to USDT becoming the main source of liquidity.
Why get involved with ScapesMania now that it’s listed? First, $MANIA tokenomics are balanced, with a cliff and vesting system helping maintain stability. Second, through DAO governance, community members can vote on ecosystem development decisions. Finally, ScapesMania continuously expands token utility, offering more benefits to $MANIA holders.
With a strong plan for promoting the project after listing, its success might keep up the record-breaking pace after its debut. The team’s dedication to long-term development and prominence in the cryptocurrency industry is shown by their impressive marketing efforts — 75K+ average monthly traffic is no joke.
Additional upsides that may be among the biggest deciding factors are:
The project’s smart contract has been approved by BlockSafu. Holders may rest certain that the project’s infrastructure is reliable and up to par thanks to this endorsement.
Enthusiastic support from numerous notable crypto influencers. It lends legitimacy and affirms ScapesMania’s status as one of the promising new projects.
Experienced team. Innovating and executing a project successfully requires a team of seasoned specialists. This project is in a strong position to overcome any obstacles and take advantage of opportunities.
Bright future. The project has come a long way, but it still has a long way to go. There are tentative plans to list on a centralized exchange (CEX), which will provide access to more markets and more liquidity.
Everything about ScapesMania was carefully designed to facilitate major growth potential. From successful, well-publicized sales to its advantageous alliances, seasoned staff, and strategic positioning in the casual gaming niche – it looks poised for big things.
Choosing ScapesMania right now, post-TGE, offers early access, exclusive benefits, diversification, lower competition within a dynamic niche, and, more importantly, a potentially perfectly-timed entry point. The coin’s stable post-listing price and strong initial support, coupled with an influx of newcomers, indicate long-term confidence, so it might be the time to make your decision.
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Tron (TRX): Poised for Recovery with Strong Support
The first candidate, Tron (TRX), is maintaining a bullish structure, supported by a 405-day ascending support trend line that has been validated multiple times. The cryptocurrency’s ability to stay above this critical support line despite a 25% correction since its yearly peak suggests a resilient underlying strength in its market position.
Currently, Tron (TRX) finds itself at a confluence of support levels, bolstered by a horizontal support area and the 0.382 Fibonacci retracement level. This setup provides a strong foundation that could potentially cushion further declines and foster a rebound.
With the RSI indicating a bullish divergence from oversold territory, there is a significant chance that Tron (TRX) could witness another impressive rally similar to the one it experienced after a similar signal in 2022. The overall wave count on the weekly charts suggests an impending upward movement, possibly driving the price towards new highs. Conversely, a breakdown below the $0.107 support level could trigger a steeper decline to the lower bounds of its support channel at $0.095.
Gala (GALA): Rising Momentum Amid Market Fluctuations
Rounding out our text, there’s Gala (GALA). It has shown a notable uptick in its market presence with a recent price increase pushing its value to $0.04476, signaling a robust upward trend. The token’s market capitalization has ascended to $1.34 billion, reflecting a 6% growth. This surge indicates strong investor confidence and an active market, with trading volumes reaching a substantial $252 billion in a single day.
Despite a 22% depreciation over the last week and a 16% drop over the past month, Gala (GALA) maintains its vigor in the market. The fluctuations and periodic corrections suggest the market’s dynamic and adjusting nature. The cryptocurrency’s technical setup remains bullish, with resistance points hinting at potential growth towards and beyond the $0.05 mark.
Gala (GALA) continues to play a pivotal role in the Gala Games ecosystem, fueling transactions for NFT purchases and node license acquisitions. A crucial breakout above the $0.047 resistance could significantly propel the token’s price, potentially aiming for a milestone of $1. However, any downturn could pull the price back to the $0.04 support level, underscoring the market’s volatility.
Conclusion
Glassnode’s co-founders expect an amazing 350% growth in the crypto market, which might change everything. This positive view is supported by the fact that more institutions are becoming interested in cryptocurrency and more people are accepting it as a real way to trade. Important players like Gala (GALA) and Tron are a big part of what’s causing this shift in fortunes. Gala (GALA) is focused on games that use blockchain technology and Tron (TRX) is working to improve how content is distributed. As the market waits for this growth, attention also turns to how these coins can evolve strategically.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of our site, nor is it intended to be used as legal, tax, investment, or financial advice.
Flying Doge Launches on Solana, Looks to Challenge Shiba Inu and Dogecoin
Flying Doge (FLYDOGE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Flying Doge (FLYDOGE), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Flying Doge presents a similar opportunity.
Flying Doge has market cap below $10,000 at the moment, meaning that even when it just reaches a modest market cap of $200,000-$500,000, early investors will generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Flying Doge could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Flying Doge can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Flying Doge on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Flying Doge by entering its contract address – 7SfNkVtbkjwCYChn1wr7E9xH4RAYfdUHHMcasByftKT – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like FLYDOGE.
Flying Doge (FLYDOGE), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Flying Doge presents a similar opportunity.
Flying Doge has market cap below $10,000 at the moment, meaning that even when it just reaches a modest market cap of $200,000-$500,000, early investors will generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Flying Doge could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Flying Doge can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Flying Doge on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Flying Doge by entering its contract address – 7SfNkVtbkjwCYChn1wr7E9xH4RAYfdUHHMcasByftKT – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like FLYDOGE.
Mt. Gox Updates Repayment Plan: Creditors to Receive Bitcoin, Cash Following Verification
In a recent update that boosts optimism among affected users, the trustee of the hacked cryptocurrency exchange Mt. Gox has provided crucial information regarding the repayment process for the lost funds.
Users on the Mt. Gox insolvency subreddit began reporting in mid-April that their claims accounts had been updated.
These updates included details on the amounts of Bitcoin, Bitcoin Cash, and fiat currencies slated for repayment.
This has led many to anticipate imminent cryptocurrency reimbursements.
A creditor shared a screenshot on the subreddit that displayed a new table in their Mt. Gox account.
This table indicated various entries such as the status of repayments, the amounts that have been paid, and those still pending.
Further reinforcing these updates, multiple creditors have confirmed receiving fiat payments directly into their bank accounts.
One user detailed their experience on April 22, stating, “Money received as USD into an HSBC currency account and looks like zero fees,” highlighting the efficient processing of their repayment more than a month after initial updates were noted on their account.
They explained the timeline of updates: “Table had been updated March 15 first then April 8 second then April 18 when BTC lines arrived.”
These developments have been positively received within the community, with one creditor discussing the significance with Cointelegraph: “The latest additions of Bitcoin on the accounts in the Mt. Gox rehabilitation claims system is a major move for Mt. Gox creditors signaling disbursement of crypto or fiat will happen,” they noted.
READ MORE: Bitcoin Mining Stocks Surge on Nasdaq Ahead of Bitcoin’s Fourth Halving Event
They further compared it to previous disbursements, recalling, “In comparison, last December Japanese claimants received notes on their page and within two weeks they saw fiat in their accounts via PayPal and private banks,” adding hopefully, “Let’s hope the crypto remittance echoes that of its fiat predecessor.”
Mt. Gox was established in 2010 and quickly ascended to become the world’s leading Bitcoin exchange, handling about 70% of all Bitcoin transactions until its collapse in 2014 due to a massive security breach that resulted in the loss of 850,000 BTC.
The exchange, now inoperative, is slated to reimburse its creditors with significant assets: 142,000 Bitcoin, 143,000 Bitcoin Cash, and 69 billion Japanese yen (approximately $510 million), with all repayments expected to be completed by October 2024.
This positive momentum follows the completion of identity verifications in January 2024, allowing the trustee to prepare the repayments through various established platforms such as Bitstamp, Kraken, Bitbank, BitGo, and SBI VC Trade.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Users on the Mt. Gox insolvency subreddit began reporting in mid-April that their claims accounts had been updated.
These updates included details on the amounts of Bitcoin, Bitcoin Cash, and fiat currencies slated for repayment.
This has led many to anticipate imminent cryptocurrency reimbursements.
A creditor shared a screenshot on the subreddit that displayed a new table in their Mt. Gox account.
This table indicated various entries such as the status of repayments, the amounts that have been paid, and those still pending.
Further reinforcing these updates, multiple creditors have confirmed receiving fiat payments directly into their bank accounts.
One user detailed their experience on April 22, stating, “Money received as USD into an HSBC currency account and looks like zero fees,” highlighting the efficient processing of their repayment more than a month after initial updates were noted on their account.
They explained the timeline of updates: “Table had been updated March 15 first then April 8 second then April 18 when BTC lines arrived.”
These developments have been positively received within the community, with one creditor discussing the significance with Cointelegraph: “The latest additions of Bitcoin on the accounts in the Mt. Gox rehabilitation claims system is a major move for Mt. Gox creditors signaling disbursement of crypto or fiat will happen,” they noted.
READ MORE: Bitcoin Mining Stocks Surge on Nasdaq Ahead of Bitcoin’s Fourth Halving Event
They further compared it to previous disbursements, recalling, “In comparison, last December Japanese claimants received notes on their page and within two weeks they saw fiat in their accounts via PayPal and private banks,” adding hopefully, “Let’s hope the crypto remittance echoes that of its fiat predecessor.”
Mt. Gox was established in 2010 and quickly ascended to become the world’s leading Bitcoin exchange, handling about 70% of all Bitcoin transactions until its collapse in 2014 due to a massive security breach that resulted in the loss of 850,000 BTC.
The exchange, now inoperative, is slated to reimburse its creditors with significant assets: 142,000 Bitcoin, 143,000 Bitcoin Cash, and 69 billion Japanese yen (approximately $510 million), with all repayments expected to be completed by October 2024.
This positive momentum follows the completion of identity verifications in January 2024, allowing the trustee to prepare the repayments through various established platforms such as Bitstamp, Kraken, Bitbank, BitGo, and SBI VC Trade.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.