The Non-Fungible Token (NFT) market is on a meteoric rise, and according to Statista, it’s expected to show an annual growth rate (CAGR 2024-2028) of 9.10%, culminating in a projected total revenue of $3.369 billion by 2028. Several NFT collections are not only maintaining solid market cap sales growth but also offering innovative solutions that redefine the industry. Notcoin (NOT), for instance, has disrupted the cryptocurrency market with its unique use of NFT vouchers, with owners having the chance to trade NOT with special vouchers before it even hit the market, sparking a lot of interest with this fresh strategy. This article explores some other NFT collections that are setting new standards in the market.

GoMining NFTs

GoMining is a leading bitcoin mining enterprise with nine data centers across the globe. With over seven years of experience in the crypto space, GoMining offers industry-first NFTs backed by physical computing power. These NFTs generate daily rewards from mining activities and are also scalable—extending their utility far past their intrinsic value and potential marketability.

The profitability of GoMining NFTs is influenced by two main attributes: computing power and energy efficiency, which can be easily upgraded on the platform. To date, GoMining has sold over 120K miners and accumulated a total of 4,226,962 TH/s in hashpower spreaded among their NFTs holders.

Starting with as little as $25 for 1 TH/s-powered NFT, which is also called a digital miner, GoMining NFT owners can control up to 5,000 TH/s per each non-fungible asset they hold, which is equivalent to an entire shell of mining devices in terms of power output. The Bitcoin rewards received can be instantly transferred to any external BTC wallet of the client’s choice or held for future potential gains, especially considering optimistic forecasts for BTC prices​​. The platform has recorded 224,516 upgrades so far, reflecting active user engagement in optimizing their miners’ key attributes.

The NFTs can be seamlessly purchased on the GoMining marketplace as well as found on popular secondary markets like OpenSea or TON-native Getgems, which have seen 30-day sales volume of 5,324,641 GOMINING and over 19,000 miners’ purchases.

Source: GoMining

Recently, GoMining has formed strategic partnerships with TON and Trustwallet. They've launched shared collections which significantly enhance how far and wide they resonate within the market. Lately, this venture also reached new heights by securing a generous $3 million funding from Bitscape Capital, which speaks volumes about its triumphs so far.

TON DNS

TON DNS is another intriguing collection, offering a unique utility: ownership of blockchain addresses via NFTs. These .ton domains function similarly to traditional internet domains, converting complex blockchain addresses into simple, human-readable addresses that can be used within the TON (The Open Network) ecosystem. 

As Telegram's growth continues to surge, this new collection might lead to a significant increase in adoption of this crypto utility. Services like Tonkeeper, TON Web Wallet, and Tonscan already support TON DNS, and many other TON applications plan to implement this functionality.

TON DNS domains can be obtained not only by users but also by developers for smart contracts to enhance the usability and accessibility of decentralized applications (dApps) on the TON network.

Recently, TON DNS's market activity soared as it hit impressive numbers — selling nearly 80K addresses and witnessing transactions worth 6,661,324 of its native tokens this past month alone.

Source: Getgems.io

Gas Hero

Gas Hero is a Web3 social and strategy game where players battle for power and wealth within an intricately designed tree-like world. In contrast with regular games that follow a linear approach, Gas Hero integrates advanced game theory for more complex player strategy development alongside utilizing blockchain technology to ensure all transactions are transparently recorded. Players now have more say in their gaming journeys, resulting in an enriched engagement with intensified participatory governance.

In the past 30 days, the Gas Hero NFT collection on Polygon has demonstrated significant growth:

Trading Volume: $6.84 million, a 17.08% increase.

Number of Traders: 3,410, up by 11.26%.

Number of Sellers: 3,020, a 12.12% increase.

Number of Buyers: 2,980, up by 15.01%.

Sales: 88,460, a 28.53% increase.

Market Cap: $17.34 million, a 28.36% increase.

Floor Price: $19.04.

Source: Mooar.com

As Gas Hero grows in popularity, its market cap is on the rise. This vibrant platform draws energetic participation by traders along with steady buying and selling activity. The collection is clearly catching on—its sales figures and trading activity have both shot up recently.

Gods Unchained

Gods Unchained is a free-to-play, turn-based competitive trading card game. Similar to traditional card game mechanics, each card in the game is an NFT tradable on the Immutable X marketplace, giving players true ownership of their in-game assets. These cards can be sold for a fixed price, auctioned, or sold in bundles, allowing players to potentially earn money from their gameplay. 

Gods Unchained has a total of 6.62 million NFTs, indicating a substantial and diverse collection for players and collectors. The game's market cap of $648.81 million highlights its significant presence in the NFT gaming space. 

Over the past month, Gods Unchained NFT collection on Ethereum and Immutable X has shown growth in these metrics:

Sales: 375,400, an increase of 1.08%.

Market Cap: $648.81 million, up by 17.58%.

Floor Price: $30.24, an increase of 112.36%.

Gods Unchained has a total of 6.62 million NFTs, indicating a substantial and diverse collection for players and collectors. The game's market cap of $421.78 million and its 30-day NFT trading volume at $10.83 million highlights its significant presence in the NFT gaming space. 

Source: Market.immutable

Conclusion

The landscape of NFTs is rapidly changing; here we see certain projects pushing boundaries on how innovative and useful they can be. Demonstrating significant impact and supported by successful market stats, the NFT collections discussed above reveal transformative power within their field. Grasping what makes each of these collections so special will let anyone from eager beginners to seasoned veterans capitalize on opportunities they represent within the flourishing sector of Non-Fungible Tokens (NFTs).

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

The Decentralized Finance (DeFi) sector continues to unveil remarkable opportunities for participants. Staking is a remarkable tool that allows digital asset owners to pool/lend/lock their assets in a blockchain platform and earn yield in the process. bemo strives to optimize this possibility on the TON blockchain. 

The Open Network (TON) is a layer-1 blockchain committed to a decentralized and open internet. It was initially known as Telegram Open Network before the project was rebranded to its current form, but still benefits from the robust infrastructure of Telegram. This network has grown into a vibrant ecosystem for developers and crypto investors. 

DeFi activity continues to grow on the TON blockchain 

A decentralized finance blockchain has several metrics for analyzing its performance. That said, the Total Value Locked (TVL) is a pretty strong indicator of commerce on the blockchain. For the TON blockchain, the TVL exceeded the $200 million mark in May 2024. This mark represents growth of almost four times since the year started. The spike in TVL has also seen an increase in total active wallets, market capitalization, and general buzz around the ecosystem. 

DeFi blockchains thrive on usage. Ethereum retains its prominence, despite the scalability issues, because of how many tokens use the ERC-20 standard. Therefore, it is a great time for developers looking to build various products on the blockchain. The greater the overall utility, the more there is for all stakeholders in the ecosystem. 

What bemo achieves for users 

bemo is an innovative decentralized application on the TON blockchain that provides users the staking ease needed to participate in this ecosystem. This staking app gives users the ability to stake their TON tokens while retaining liquidity and participation in other DeFi activities. 

Standard staking involves locking up tokens with a DeFi platform with limited ability to utilize the tokens. bemo ensures that stakers have “liquid tokens,” meaning that you can benefit from staking rewards, even while participating in other DeFi activities.

Additionally, bemo has leveled the playing field, with no minimum staking requirements. bemo also boasts an incentive program for users to join the future BMO token airdrop. The robust infrastructure of its native blockchain ensures that users have a scalable and efficient ecosystem to thrive.

Staking on bemo

For users, staking on bemo is pretty straightforward. You stake TON tokens to bemo smart contracts and receive stTON tokens in return. This token is a representation of the TON holdings users have in the TON staked within the network pool. Stakers validate transactions on the network and earn staking rewards in the form of stTON.

The stTON users hold allows them to get passive income without extra actions. stTON pricing is automated to reflect the accurate value of digital assets in the staking pool. Therefore, users earn both the staking reward and potentially higher token value appreciation with an overall improvement in the pool-locked assets.

The beauty of this platform is that users can freely utilize their tokens while staking. Accordingly, token holders can use staked tokens to: 

1. Provide liquidity on integrated decentralized exchanges such as DeDust or STONfi. The user gets a share of the rewards on such platforms.  2. Provide liquidity for lending protocols such as EVAA as collateral for their lending operations.  3. Generate passive income from the increased value of token holdings.

The possibility of using your tokens on external affiliated platforms is a game-changer. Once a user has stTON in their wallet, the versatility ensures bemo is ahead of the curve. The broader applicability of the tokens ensures high potential returns. That said, users must appreciate the risk levels inherent in the digital finance sector before making any moves.

Additionally, bemo has an incentive program and imminent airdrop for loyal users. The program works by giving users stXP points as rewards for their staking. Accumulating stXP allows users to benefit from future airdrops of BMO tokens in 2024 Q4.

The big picture 

bemo is a remarkable app to expand your staking opportunities on the TON blockchain. It is a liberating experience for crypto token holders who typically only wait for staking rewards from their locked tokens. Instead, this is a chance to freely use your staked tokens to earn additional rewards from other platforms. The compounded benefit for a user makes this app significantly better than most staking platforms. 

All this is possible because of the robust infrastructure provided by the TON. The overall growth of the TON DeFi ecosystem is a possibility that users relish and look to benefit from immensely long term.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

 

Argentine and Salvadoran officials met to discuss Bitcoin regulation and adoption, aiming to leverage El Salvador's pioneering experience to develop a regulatory framework for Argentina's burgeoning cryptocurrency industry.

Coming Together For BTC Adoption

On May 23, officials from Argentina and El Salvador met to discuss Bitcoin adoption and regulatory issues. The meeting involved key figures from Argentina's National Securities Commission (CNV) and El Salvador's National Commission for Digital Assets (CNAD). 

The delegation included CNV President Roberto Silva, CNV Vice President Patricia Boedo, and CNAD President Juan Carlos Reyes. The primary focus was on understanding El Salvador’s pioneering experience as the first country to adopt Bitcoin as legal tender in September 2021.

Strengthening Bilateral Ties

This was the second meeting between the two regulatory bodies, signaling a potential regulatory partnership. The discussions centered on exchanging approaches and concepts of cryptocurrency use in global economies, with a particular emphasis on El Salvador's implementation of Bitcoin. 

Additionally, Silva highlighted that the institution was exploring potential collaboration agreements with El Salvador on crypto and Bitcoin matters. 

Patricia Boedo, who had previously attended key regulatory meetings in El Salvador, emphasized the importance of continuing on a path of collaboration with a country republic that is a pioneer and has extensive experience in this field.

Recognition and Mutual Goals

CNV President Roberto Silva emphasized the value of Salvadoran expertise in the cryptocurrency sector. 

He stated, 

“It has created a specific commission, the National Commission for Digital Assets (CNAD), and therefore has experience that is very valuable for the CNV at this time.”

Juan Carlos Reyes acknowledged Argentina's pioneering status in digital asset technology and acknowledged the CNV’s interest in collaborating efficiently with El Salvadorean regulators to create appropriate regulations.

Ongoing Regulatory Efforts in Argentina

This meeting comes as Argentina continues to advance its regulatory framework for the cryptocurrency market. In April, the country established registration requirements for crypto companies, demonstrating its commitment to developing the sector. 

The dialogue between Argentine and Salvadoran officials is part of broader efforts following the election of Bitcoin-supporting politician Javier Milei as President of Argentina in late 2023. Argentina's Minister of Foreign Affairs, Diana Mondino, announced plans for a decree to legalize Bitcoin and other cryptocurrencies for payments under certain conditions.

Therefore, the collaboration between Argentina and El Salvador is poised to leverage El Salvador’s experience in Bitcoin adoption to help Argentina develop effective regulations and support its burgeoning crypto industry.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

 Ordinals Lisbon, a premier segment of the NFC 2024 event, is set to illuminate the Pavilhão Carlos Lopes with the latest captivating art on the Bitcoin network. Scheduled for May 28-30, this conference promises to be one of the most prominent NFT events globally, bringing the Web3 community cutting-edge developments and artistic breakthroughs.

Ferrum Network, a leading blockchain infrastructure company, has partnered with the event, establishing a substantial presence with a dedicated space designed to engage and educate attendees. Within this expansive area, visitors will experience floor-to-ceiling immersive screens that bring the world of Bitcoin and Ordinals to life, offering an unparalleled educational journey.

Ordinals Lisbon will be a one-day conference, part of the five events at NFC 2024. The other events include the Non-Fungible Conference, MEMECON 2024, R3D CARPET AI Movie Festival, and Off Moga beach parties. Each event provides unique insights, networking opportunities, and immersive experiences. 

Ferrum Network's participation highlights its dedication to enhancing blockchain interoperability and translating complex technical concepts into sophisticated and accessible user journeys through immersive experiences. Its technology connects different blockchain platforms, enabling an environment in which developers can build applications on one network and deploy across all.

"Ferrum is excited to partner with Ordinals Lisbon at NFC 2024. It’s a premier event for Europe’s growing NFT community, and we’re thrilled to be a part of it,” said Taha Abbasi, CTO of Ferrum Labs and co-creator of the Ferrum Network protocol. “We’ll offer unique experiences that combine digital art and immersive education, enhancing attendees' understanding of Bitcoin and Ordinals."

The one-day conference will serve as a platform to explore and introduce the latest in Bitcoin Ordinals. The event will bridge the gap between the creative Ethereum art community and the growing Bitcoin Ordinals movements. It will feature over 200 speakers, including industry leaders and innovators. Taha Abbasi will deliver a keynote on blockchain technology and how Ferrum Network aligns with Bitcoin’s mission of freeing us from centralized corruption.

The event’s agenda is also packed with educational sessions, panel discussions, and live art performances from renowned artists like Leo Caillard, Dascanio, and Zironi Violetta. 

In addition to the main conference, Ordinals Lisbon offers various side events to enhance the overall experience. One highlight is the Pizza Ninjas Pool Party, a lively gathering for networking. 

One of the most notable aspects of the event is the Ordinals Passport, designed to guide participants through the conference. This physical and digital document, backed by Ferrum Network, will serve as a ticket to various activities and help track and reward users fairly. Ferrum and Pizza Ninjas will also be co-hosting a Pizza and Wine party at the conference itself, where winners will be announced for the most active Ordinal’s Passport participants. Attendees will also have the chance to try Ordinals branded wine from Ferrum.

The passport uses Chainlink VRF (Verifiable Random Function) to generate and assign passport numbers randomly. It is deployed using Arbitrum and ensures transparency and fairness in tracking user interactions and rewarding participation.

Overall, Ordinals Lisbon at NFC 2024 aims to provide an enriching experience, showcasing the latest in Bitcoin and Ordinals while offering a comprehensive educational journey. Ferrum Network's role as a partner underscores its commitment to collaboration over competitions in order to advance blockchain technology and foster a deeper understanding of Web3.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto sleuth ZachXBT has claimed that the team behind Solana-based meme coin CAT hacked crypto influencer GCR's account to manipulate token prices. 

Unveiling the Attack: Exploit Details

An investigation led by on-chain sleuth ZachXBT has linked the recent hack of crypto influencer GCR's account to the team behind the newly launched Solana-based meme coin, CAT. The hack, which occurred on May 26, aimed to manipulate the prices of specific tokens.

According to ZachXBT, minutes before the hack, an address associated with CAT’s team opened long positions in ORDI and ETHFI using $2.3 million and $1 million, respectively. These funds were allegedly obtained through a manipulated token launch. 

On May 24, the CAT team managed to control 63% of their token supply by sniping their own launch, subsequently selling these tokens for nearly $5 million. The profits were then dispersed across multiple wallets.

Sim-Swapping Scams Connected? 

A SIM-swapping attack, which involves tricking a mobile carrier into transferring a victim’s phone number to a new SIM card controlled by the scammer, was identified as the method used to breach GCR’s account.

ZachXBT suggested a connection to previous SIM Swap scams by the same group, stating, 

“The SOL team sniped their own launch to control 63% of the supply, selling $5M+ of CAT before transferring the profits to multiple wallets.” 

Another on-chain analyst, Lookonchain, corroborated these findings, attributing the suspicious activity to an insider within the CAT team. 

Trading Manipulation

Part of the stolen funds were deposited into Hyperliquid for trading. Just before the hack, the attackers opened long positions of $2.3 million on ORDI and $1 million on ETHFI, anticipating a rise in these assets' prices.

Using GCR’s compromised account, the hackers posted about ORDI, temporarily inflating its price and netting approximately $34,000. However, before further trades could be made, GCR alerted the community on X about the breach, advising that no information from his account should be trusted.

Despite this warning, the hackers later opened another long position on ETHFI on Hyperliquid but were not successful in making any profits. Instead, they lost around $3500 during their second attempt. In total, the hackers secured just over $30,000 in net profits from these trades.

Targeting Memecoins: Potential Risks 

This incident highlights how memecoins can serve as lucrative targets for malicious actors. Common strategies include promoting a memecoin to inflate its price and then selling off tokens at the peak or draining funds from the liquidity pool. 

ZachXBT cautioned that the danger might not be over, suggesting that positions on centralized exchanges could also be exploited, potentially increasing hackers' profits. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

As the 2024 bull run gains momentum, certain cryptos are drawing significant attention. These high-risk assets present extraordinary opportunities for remarkable returns. Investors are keen to discover which coins could offer the biggest upside. Analyzing recent trends can reveal potential winners. This piece delves into some of the most promising candidates poised for substantial growth.

BlastUP Token Supply Runs Out with Presale Ending in One Week

The BlastUP presale is taking the market by storm, swiftly raising over $7 million and captivating more than 17,000 investors in just a few months. With nearly 70% of the $BLP tokens allocated for the presale already sold out, investors are racing to grab their share of this dynamic launchpad platform.

The BlastUP presale is nearing its end, offering $BLP tokens at a 35% discount until May 31st, before they are listed on the DEX at $0.1. Recognized by crypto experts as a hidden gem, the BlastUP token is forecasted to potentially skyrocket by 1000% by the end of the year.  

>> Buy BlastUP Tokens Now for Maximum Returns! <<

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities.

The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Join BlastUP Now or This Rocket Will Take Off Without You! <<

Render (RNDR) Short-Term Price Faces Challenges Amid Market Fluctuations

Render (RNDR) is currently priced between $9.21 and $11.32. It shows stable support at $8.43 and faces resistance at $12.66. The recent one-week price decline is 7.81%, while the one-month growth is 24.20%, indicating a corrective move. The RSI is at 45.70, suggesting a neutral market sentiment. Key levels to watch are the next resistance at $14.77 and the closest support at $6.32. The Simple Moving Average is slightly above the current price, showing volatility.

Polkadot (DOT) Price Overview and Future Prediction

Polkadot (DOT) is currently trading between $7.02 and $7.93. In the past week, the price decreased by 2.37%. However, it increased by 8.66% over the last month and 43.41% over six months. The RSI stands at 41.73, Stochastic at 14.57, and the MACD level is -0.034, indicating that DOT is in a corrective phase. The nearest resistance level is at $8.30, with support at $6.48.

Sei (SEI) Price Analysis: Steady Growth Amid Short-Term Pullback

SEI prices are currently in the $0.49 to $0.59 range. Despite a short-term pullback with a one-week price decline of 6.26% and one-month drop of 7.08%, SEI has shown a significant six-month increase of 114.43%. The nearest resistance level is at $0.65, with the nearest support at $0.44. SEI is experiencing corrective moves, reflected by its RSI at 44.85 and Stochastic at 14.17. The coin remains above the 100-day SMA of $0.53, indicating potential for future stability.

Avalanche (AVAX) Crypto Price Overview: Current Trends and Future Predictions

Avalanche (AVAX) is trading between $34.01 and $40.64. Recent data shows a 7.80% drop in the last week. However, the coin is up by 7.27% this month and 75.10% over six months. With nearest resistance at $44.52 and RSI at 41.20, the price is in a corrective phase. The next support is at $31.27. Short-term movements look bearish, but the long-term trend remains positive.

Conclusion

RNDR, DOT, SEI, and AVAX show promise but may offer limited gains in the short-term. In contrast, BlastUP stands out as having the highest growth potential. This is due to its innovative concept and strong ties within the Blast ecosystem. These factors make it a solid candidate for substantial gains during the 2024 bull market.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

The crypto market is buzzing with excitement as another bull run kicks off in 2024. Analysts are predicting a staggering 5500% surge for certain cryptocurrencies. This article delves into the top picks that could skyrocket in value. Investors are eager to discover which cryptos will lead the charge and offer substantial returns. Stay tuned to find out which assets are set to transform portfolios.

BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space

Presale tokens are immune to market’s wild swings with their price pinned to a certain level. Predictability is one of the key benefits of presale projects such as BlastUP.

BlastUP is the first launchpad on Blast, the only Layer 2 solution with native yield for ETH and stablecoins. In just a few weeks of its presale, this platform has raised over $7 million which speaks much for its wide recognition among savvy investors.

The presale of BlastUP tokens ends in one week, offering the last chance to invest in a promising asset at a low price.

>> Seize the Moment! Buy BlastUP Tokens at the Best Price! <<

Those who buy BlastUP tokens at this stage gain exclusive access to an Airdrop distributing a portion of free tokens. Besides, they can get extra rewards through staking.

BlastUP is committed to fostering a robust community with the Blast ecosystem where everyone benefits from mutual growth. With ambitious plans to combine AI and Web3 tools, BlastUP aims to create a truly rewarding and safe environment for smooth DApps launches.

BlastUP is on the rise, fueling crypto startups with a community-first vibe and innovation at its heart. It is quickly becoming the go-to hub in the Blast ecosystem, with big plans through 2026.

>> Act Fast! Supply of BlastUP Tokens is Limited - Secure Your Spot NOW! <<

Jupiter (JUP) Crypto Price Analysis: Predicting the Next Move

Jupiter (JUP) trades between $1.03 and $1.24. It faces resistance at $1.37 and support at $0.95. The one-week price dropped 8.84%, but it grew 14.17% in one month and soared 3744.33% in six months. The Relative Strength Index is 51.24, showing a balanced market. With Stochastic at 30.97 and MACD at -0.000493, the price is in a corrective phase. This careful correction may offer a good entry point before a potential rise.

NEAR Protocol (NEAR) Crypto Price Review and Short-Term Outlook

The current price range of NEAR Protocol (NEAR) is between $7.31 and $8.35. NEAR has seen a one-week price drop of 6.51% and a one-month price increase of 8.49%. Despite the recent dip, it boasts a six-month price change of 330.93%. The nearest resistance level is at $8.88 and support is at $6.80. With an RSI of 45.90 and MACD level of -0.04, the price movement appears corrective.

Ondo (ONDO) Price Overview: Significant Growth with Strong Potential

Ondo (ONDO) is currently trading between $0.96 and $1.41. The coin has shown considerable gains, with a one-week change of 27.64%, a one-month increase of 56.02%, and an impressive six-month rally of 4034.23%. The RSI stands at 52.85, suggesting neutral momentum. The next resistance level is at $1.59, and support is at $0.69. Given the recent price movements, ONDO remains in an impulsive phase.

Conclusion

Among the coins mentioned, JUP, NEAR, and ONDO show less potential in the short-term. However, BlastUP stands out as having the highest potential. The project is strong due to its concept and being part of the Blast ecosystem. This positions BlastUP as a top contender in the ongoing bull run of 2024.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

As the crypto market matures and gains mainstream adoption, more altcoins are emerging. The term “altcoin” refers to any other cryptocurrency that's not Bitcoin. While these assets provide investors with enough opportunity to diversify their portfolios at lower costs, they also offer massive returns.

As such, it is no surprise that investors scouting for crypto assets with 100x potential are turning to altcoins. Are you looking to build a solid portfolio with promising altcoins? Here are some of the best assets available to you. 

Best Altcoins To Buy - Quick List

Here are the top 8+ altcoins that have the potential to yield 100x gains:

Dogeverse (DOGEVERSE) - Top altcoin to buy in June

Sealana (SEAL) - Solana-based meme coin with an interesting mascot

PlayDoge (PLAY) - Latest doge-themed meme coin, offering P2E utility

WienerAI (WAI) - Universe’s most powerful AI-powered trading bot

Mega Dice (DICE) - Utility token of a top casino, offering exclusive benefits to early movers

99Bitcoins (99BTC) - A learn-to-earn crypto that rewards individuals learning about the crypto market

eTukTuk (TUK) - A green crypto project that combines the capabilities of AI and blockchain to revolutionize sustainable transportation

Smog (SMOG) - Top airdrop token on Solana

Sponge V2 (SPONGE) - Upgraded version of Sponge V1, featuring a P2E mechanic 

Slothana (SLOTH) - New Sloth-themed meme coin 

Top Altcoins To Invest In Right Now - Full Review

Let’s briefly discuss the key features of each of the altcoins mentioned in the quick list. 

Dogeverse (DOGEVERSE) - Top Altcoin To Buy In June

Describing itself as the first traveling doge, Dogeverse is a meme coin that’s aiming to bring crypto communities from different chains together. The project’s mascot, a chain-hopping Cosmos, highlights the importance of exploration in the crypto-verse. 

Dogeverse runs on six different chains. They include Ethereum, Solana, Base, BNB, Avalanche, and Polygon. While it started on Ethereum, this multichain has finally transited to other chains through the aid of Wormhole and Portal Bridge technologies. 

By tapping into its multichain concept, Dogeverse has been able to reach a wider audience. Also, with many blockchains available, investors can choose to engage the Dogeverse ecosystem from their favorite chains. 

Having raised over $15 million from investors, Dogeverse is already nearing the final days of its presale. This simply means investors only have one final opportunity to get involved with Dogeverse before listing on exchanges. 

With the level of excitement greeting the eagerly-awaited launch of Dogeverse, top crypto analyst Jacob Bury says the token might become the next meme coin to surge. 

To avoid missing out on the presale, visit the website of the project now to buy and stake your tokens. While the presale is expected to end on June 3, token claims will unfold on June 5. 

Follow Dogeverse on X.  

Buy Dogeverse

Sealana (SEAL) - Solana-Based Meme Coin With An Interesting Mascot

Sealana has also emerged as one of the compelling picks for the best altcoins to buy in June. Since its launch, this token has been riding in the wave of the prevailing meme coin enthusiasm to gain traction. 

At its core, Sealana embodies the narrative of a chubby seal character who is focused on finding the next big thing in the Solana landscape. According to its whitepaper, Sealana has forsaken his youthful svelte figure and now survives on a trader’s diet of chips and tinned tuna as he aims to take over the crypto market.

This interesting lore blends elements of culture with a comedic twist to capture the minds of investors. Complementing its market appeal is its adoption of a streamlined presale approach with no predetermined price timers. 

To buy SEAL, participants can either send SOL to a designated wallet address or use the presale widget. Besides SOL, those using the presale widget have the opportunity to buy SEAL with other major cryptos like ETH, USDT, BNB, and USDC. 

While the utility of this token is yet to be defined, leading YouTube channel 99Bitcoins believes it still has all it takes to bring 100x gains to investors in the next few months.

 

For those seeking an altcoin investment that's poised for market success, Sealana stands out as one of the best to consider. 

Follow Sealana on X.

Buy Sealana

PlayDoge (PLAY) - Latest Doge-Themed Meme Coin, Offering P2E Utility

$PLAY, the native token of PlayDoge, a mobile-based play-to-earn (P2E) game, is another top altcoin to consider in 2024. The project seeks to reignite the 90s nostalgia with its classic 2D gameplay that transforms the iconic Doge meme into a Tamagotchi-style virtual pet. 

With its 8-bit digital world, PlayDoge is offering gamers thrilling gameplay where they can feed, train, and play with their 2D Doge and guide it through the in-app mini-games. In return, players will receive $PLAY tokens as their Doge progresses through the game. 

The project is tipped to enjoy instant success as a result of its appealing lore and fascinating gameplay that'll help it build a vibrant community. Also, its meme coin fundamentals and P2E utility are crucial elements that will help push $PLAY to the moon. 

For those unfamiliar, $PLAY is built on the Binance Smart Chain which has led to speculation that the meme coin could have some internal connections with the Binance team. Hence, the purported connection with Binance is a pointer that $PLAY could possibly launch on the exchange at the end of its presale, giving it more visibility and liquidity.

The token is presently available at a giveaway price of $0.00451 in its ongoing presale. The 40-stage presale presents the best early-moving opportunity for those seeking to maximize their investments with PLAY. After a successful purchase, you can also stake your tokens to earn more rewards.  

Follow PlayDoge on X.

Buy PlayDoge

WienerAI (WAI) - Universe's Most Powerful AI-powered Trading Bot

WienerAI is a top altcoin investment that has quickly earned the coverage of top crypto news outlets including Bitcoinist, Cointelegraph, Cryptonews, Techopedia, and CryptoPotato.

One standout factor that has pushed WienerAI into the limelight is its insistence on offering a real utility despite being a meme coin. In line with this goal, WienerAI is harnessing the powers of AI to provide a trading bot utility.

The AI-powered trading bot is beginner-friendly and offers a host of services including real-time market analysis, token swaps, trading tips, and more, making it a must-have tool for those seeking to capitalize on the opportunities in the market. 

Moving on, WienerAI’s investment appeal goes beyond its trading bot use case. The project has also designed a standard staking model that provides investors with high rewards.

These unique attributes have helped WienerAI secure the backing of CryptoZeus, a professional crypto analyst on YouTube who predicted a 100x return for the token.

Despite launching a few weeks ago, WienerAI has already raised close to $3 million in its ongoing presale. This shows that investors have recognized its explosive potential and are taking advantage of its presale to get in early. 

Follow WienerAI on X.

Buy WienerAI

Mega Dice (DICE) - Utility Token Of A Top Casino, Offering Exclusive Benefits To Early Movers

Dice bursts onto the scene as one of the most promising altcoin investment opportunities in the market. Being the utility token of Mega Dice, a licensed Telegram casino, Dice has been causing waves across the crypto town since going live.

Don't forget that Mega Dice is a top-notch gambling site that has earned the loyalty of many casino and sports betting enthusiasts due to its attractive and easy-to-use interface, rewarding bonuses and promotions, swift and secure payment system, and limitless wagering opportunities. 

By launching its utility token, the online casino has now fully delved into the crypto landscape. With DICE, Mega Dice wants to provide a host of exclusive benefits, rewards, and perks to early movers. 

Also, gamblers will be able to use the token to wager on casino games and sports betting markets to unlock VIP bonuses and higher rakebacks. Referring friends and families to engage with the ecosystem attracts 25% of the revenue generated by Mega Dice. 

While still at presale, influential YouTubers like Michael Wrubel have been amplifying the buzz around DICE, emphasizing its potential to soar high after launch.

 

You can buy DICE on the website using SOL, ETH, and BNB. Presently priced at $0.075, DICE has emerged as one of the cheapest cryptocurrencies with massive ROI potential. 

Follow Mega Dice on X.

Buy Mega Dice

99Bitcoins (99BTC) - A Learn-To-Earn Crypto That Rewards Individuals Learning About The Crypto Market

When it comes to teaching people about the basics of crypto, 99Bitcoins stands out. From exclusive trading courses to interactive learning modules and trading signals, the platform has built a strong reputation as one of the best crypto education brands around.

That being said, 99Bitcoins is now taking a step further by redefining the next generation of crypto learning through the adoption of an L2E model. Under this approach, participants will be able to earn free tokens for each step they take in their learning sojourn with 99Bitcoins.

At the heart of 99Bitcoins’ L2E ecosystem is its newly launched token, 99BTC. Although the token was launched on the Ethereum network, it is now in the process of bridging to BRC-20 to further maximize its reach. 

Anyone who completes each crypto course on the platform will earn free 99BTC tokens. In addition to this, the platform is also offering staking rewards to 99BTC token holders for their engagement with the ecosystem. 

As the project gathers huge momentum, crypto YouTuber like TodayTrader have suggested that 99Bitcoins might be the next candidate for 100x gains. 

 

Right now, the presale of this token is still active and has gathered more than $1.6 million. Joining this presale will put you in a position to savor early bird gains as soon as the project attains market success.  

Follow 99Bitcoins on X.

Buy 99Bitcoins

eTukTuk (TUK) - A Green Crypto Project That Combines The Capabilities Of AI & Blockchain To Revolutionize Sustainable Transportation

eTukTuk has earned a good spot on our list of the best altcoins to buy for June. Popular as the AI-integrated, eco-friendly future of transportation, eTukTuk is looking to leverage the powers of advanced EV technologies to achieve its environmental goals. 

As part of its efforts to promote a sustainable transport system, eTukTuk will be offering zero-emission electric vehicles across the urban and suburban regions. The project assures that these vehicles will be affordable so as to reach a wider audience.

Apart from that, eTukTuk is also providing solar-powered charging stations to minimize fuel consumption, enhance performance, and promote sustainable transport. 

Staying true to its mission, eTukTuk has also developed its play-to-earn game, known as Crazy Tuk Tuk Taxi. Presently, the game is live on the App Store and Play Store. Being a P2E action-packed game, Crazy Tuk Tuk Taxi incentivizes players with its native token, TUK whenever they complete a driving task. 

📢📢 EXCITING ANNOUNCEMENT 📢📢We are thrilled to announce that our awaited game, Crazy Tuk Tuk taxi is now also available on the App store 🤩Complete quests, earn rewards and compete in thrilling races 😎Download now:https://t.co/E2rb7J8r2e pic.twitter.com/XXgV8Wgz0Y

— eTukTuk (@eTukTukio) April 21, 2024

More so, holders of TUK tokens will receive rewards anytime they use the charging network provided by the project. This simply means long-term network members will continue to receive compensation as the charging infrastructure grows. 

TUK is still on presale and has already raised upwards of $3.3 million. To participate, visit the eTukTuk website right now.

Follow eTukTuk on X. 

Buy eTukTuk

Smog (SMOG) - Top Airdrop Token On Solana

Next on our list of the best altcoins to buy right now is Smog, a dragon-themed Solana meme coin sensation with distinctive fundamentals. The entire tone of its whitepaper encapsulates how dragons and knights can play a vital role in the growth of the crypto market. 

What sets Smog apart from other meme coins is its gamified airdrop model. Rather than embracing a giveaway style that drops tokens to holders randomly, the project has added a gaming element through zealy.io.

To qualify for its airdrop, participants need to buy Smog tokens, complete daily tasks, and earn points. The more points you earn, the more tokens you will receive.

At press time, the seventh phase of its season 1 airdrop has been concluded and community members are now even gearing up, completing quests for the upcoming season 2.

The Penultimate Phase of the #SMOG #Airdrop is complete! 🎉Ascend the leaderboard by trading $SMOG and aim for the top in Season 2! 🐲Finish daily quests on #Zealy to gather extra points! 🎯Are you ready for the Final Phase coming up next week?! 🌟https://t.co/rrS2pI9Qz8 pic.twitter.com/rLxmMjxeZ5

— SMOG (@SMOGToken) May 26, 2024

Since arriving on a decentralized exchange Jupiter, Smog has enjoyed a good price performance. While it has seen consecutive reds in the past 30 days, the atmosphere around the token is still positive, meaning it might recover from its downturn soon.

Those willing to buy Smog ahead of its imminent surge should visit its website, which currently offers a 10% discount. You can also stake your tokens to further compound your returns.

Follow Smog on X.

Buy Smog

Sponge V2 (SPONGE) - Upgraded Version Of Sponge V1, Featuring A P2E Mechanic 

Sponge V2 has captured the imaginations of the meme coin community with its stake-to-bridge and P2E mechanics. Presenting itself as the upgraded version of Sponge V1, Sponge V2 features several unique aesthetics that positioned it as one of the standout altcoins around. 

Sponge V1 was one of the most intriguing meme coins to have come out in 2023. It saw 100x pump within a few weeks of going live, bringing significant gains to early investors before it witnessed a market correction. 

However, Sponge V2 comes with a better investment appeal. With its stake-to-bridge model, investors are able to earn Sponge V2 tokens by staking Sponge V1. 

Another interesting mechanic that we found in Sponge V2 is its P2E gaming model. The project is developing a kart racing game that will allow players to earn free Sponge V2 tokens. 

That said, Sponge V2 has done remarkably well since its V1 to V2 bridge was completed. Ahead of the launch of its highly-anticipated game, the token’s price might possibly record a 100x surge.  

Follow Sponge V2 on X.

Buy Sponge V2

Slothana (SLOTH) - New Sloth-Themed Meme Coin

Slothana is another hot altcoin that has been making waves within the crypto space. With its Solana origin, Slothana benefits from the network’s rapid transaction speed, low cost, and growing popularity. 

Slothana had a perfect outing in its recently concluded presale, hitting its $15 million target within two weeks. This feat signifies the robustness of Slothana’s community and investors’ admiration for Solana-based tokens.

Since going live, Slothana has been listed on leading crypto exchanges, including Poloniex, Bitrue, and HTX, thereby expanding its market presence. 

Meanwhile, the team behind the project has been embarking on strategic events to sustain its community engagement and also stabilize the price of SLOTH.

One of these efforts is the recent burning of $3 million worth of SLOTH tokens. Slothana also held a “SLOTHSUNDAY” poker tournament, exclusively for its community members after collaborating with CoinPoker.

🦥♥️♠️Exciting News for the $SLOTH Community 🦥♥️♠️ The guys over at @Coinpoker_OFF love Slothana so much that they’ve set up the #SLOTHSUNDAY no limit hold-em tournament, and they’re giving the entire $SLOTH community FREE Entry! With a guaranteed prize pool of $10,000, $25… pic.twitter.com/SrLb4yWWZE

— Slothana (@SlothanaCoin) May 14, 2024

Without a doubt, these activities have contributed to SLOTH’s price. According to CoinmarketCap, SLOTH is up by more than 38% within the last one month. 

Follow Slothana on X. 

Bottom Line

In conclusion, if you are a trader seeking to expand your portfolio with promising but affordable cryptos, try out altcoins. In this article, we have already introduced the best altcoins that can help strengthen your portfolio and enhance your financial future.

Our top pick, Dogeverse offers a combination of multichain functionality along with a lucrative staking rewards. However, its presale is expected to end in the next few days. Hence, those seeking to maximize their investment with the token have to act fast to avoid missing out on what could be the next OG crypto in the market. 

Buy Dogeverse

 

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Crypto presales present a unique opportunity for investors to gain early exposure to new cryptocurrencies at discounted rates. While it might be a risky investment technique, finding and investing in the right crypto can bring significant returns. 

In this article, we have provided some of the best crypto presales with potential for market success. Therefore, if the goal is to increase your bags with promising presale cryptos, read this article to the end. 

6+ Best Crypto Presales - Quick List

Here is a quick list of the top crypto presales to join right now.

Dogeverse (DOGEVERSE) - Overall best crypto presale, raised over $15 million within weeks of going live

Sealana (SEAL) - Seal-themed Solana meme coin 

WienerAI (WAI) - AI-based meme coin with a trading bot utility

PlayDoge (PLAY) - New doge-inspired meme coin with a P2E concept

Mega Dice (DICE) - Latest GameFi token, offering exclusive perks and rewards to holders

99Bitcoins (99BTC) - Innovative L2E platform, rewarding individuals for learning about crypto

eTukTuk (TUK) - Eco-friendly crypto project aiming to redefine the future of transportation 

Best Crypto Presales - Fully Reviewed

The following are our thorough reviews of the best presale cryptos to invest in right now:

Dogeverse (DOGEVERSE) - Overall Best Crypto Presale, Raised Over $15 Million Within Weeks Of Going Live 

Dogeverse prides itself as the first “chain-hopping” crypto in the meme coin landscape. Unlike other meme tokens, Dogeverse’s interesting mascot aligns with its multichain goal, thereby speaking to its market credibility. 

While it was first developed on Ethereum, this multichain crypto has been able to land on Solana, Polygon, Base, BNB chain, and Base with the help of Wormhole and Portal Bridge. This aspect of the project provides the benefit of interoperability, an attribute that’s considered uncommon in the meme coin niche. 

Also, by running on multiple chains, Dogeverse appeals to a wider audience. Holders can explore their tokens across all these chains and still retain full control. 

More so, like other top crypto presales around, Dogeverse is also offering fantastic APY rewards through its staking mechanism, making it possible for early movers to earn passively while also benefiting from its future market gains. 

Top analyst Jacob Bury says Dogeverse will leverage its multi-chain appeal, unique mascot, and perfect launch timing to experience an upswing when it goes live on exchanges.

 

As of the time of writing, Dogeverse’s presale is nearing its conclusion having raised more than $15 million. While the presale is expected to end on June 3, token claims will unfold on June 5 at 10:am UTC. 

Take advantage of the few days left to join the presale. 

Follow Dogeverse on X. 

Buy Dogeverse

Sealana (SEAL) - Seal-Themed Solana Meme Coin

Sealana is another presale crypto that has been tipped to turn up the storm amid the prevailing meme coin craze. Although its utility is yet to be known, Sealana has already won the hearts of many investors with its exciting seal-themed mascot.

Built on Solana, a blockchain that's renowned for its speed and low cost, Sealana appeals to degen investors looking for the next big thing in the bustling meme coin sphere. By featuring a chubby seal character that's obsessed with finding potential market opportunities on Solana while abandoning its youthful svelte figure, Sealana’s mascot presents a mixture of humor and culture. 

Beyond its awesome theme, Sealana has also enhanced its market appeal by embracing a streamlined presale approach. While it is possible to buy SEAL using the presale widget provided on its website, investors can also send SOL directly to a designated wallet address provided by the project.

This “send-to-wallet” approach bypasses all the complexities that come with traditional presales, giving investors greater control over their transactions. However, it must be emphasized that this model only supports SOL. Therefore, those willing to buy SEAL with bank cards, USDT, USDC, BNB, and ETH can use the widget functionality. 

With its strategic entry into the meme coin space, famous YouTube channel with 730+ subscribers, 99Bitcoins speculated that Sealana might experience rapid valuation increases as soon as it sees its multiple listings.

 

Meanwhile, for every SOL sent to the provided wallet, investors will receive 7440 SEAL which will be airdropped after the presale. For those willing to use the widget, 1 SEAL is available for as low as $0.022.

Follow Sealana on X.

Buy Sealana

WienerAI (WAI) - AI-Based Meme Coin With A Trading Bot Utility

Kicking off its presale with a bang, WienerAI has emerged as one of the newest meme coin sensations that could bring massive gains to those who invest in it as early as possible. This project has already raised close to $3 million, thanks to its quirky doge appeal and AI fundamentals.

When it comes to its novelty, WienerAI mirrors the tale of an architect that’s working his craft to invent the greatest AI on the planet in the year 2132. While working out his magic, an accident occurred as a bunch of sausages got mixed into the same vat in which the AI is being cooked.

Interestingly, the outcome birthed a canine AI that’s even more powerful than the one intended by the architect. While describing the main goal of the project, this novelty also predicts a future where AI will not just be a tool but also a companion.

In line with its vision, WienerAI is launching what it describes as the world’s most powerful bot which will serve as investors’ ticket to enjoying better trading. Leveraging its AI capabilities, the trading bot will provide accurate information that can help traders spot high-potential opportunities in the market. 

This fantastic utility idea, according to CryptoZeus, makes WienerAI a good investment opportunity for discerning cryptocurrency investors. 

 

According to WienerAI’s whitepaper, the AI-powered trading bot will be offered for free. However, those who participate in its ongoing presale will be the first to explore all its features. 

Currently available for as low as $0.00071, WienerAI stands out as one of the cheapest crypto coins with a positive future. While buying the tokens through its ongoing presale, you can also stake them to further compound your returns. 

Follow WienerAI on X. 

Buy WienerAI

PlayDoge (PLAY) - New Doge-Inspired Meme Coin With A P2E Concept

With the global video game market expected to reach $665 billion by 2033, PlayDoge has emerged as a standout investment opportunity for those seeking to cement their financial future with presale cryptos. 

Built on the Binance Smart Chain, PlayDoge taps into the capabilities of two of the most popular niches in the crypto world - memes and P2E. In essence, PlayDoge describes itself as a mobile first-game that incorporates the iconic Tamagotchi virtual pet into the gaming sector of the crypto economy.  

Deriving inspiration from FLOKI and other P2E cryptos that have performed brilliantly in recent months, Playdoge has started to prove that it is more than just a meme coin offering. 

Adding to its investment appeal is its staking feature. Not less than 6% of the token’s total supply has been allocated to incentivizing early movers through staking rewards. More so, the project has a well-detailed roadmap that clearly explains its future plans, thereby contributing to its market credibility. 

PlayDoge only kicked off its presale some days ago and has started gathering significant funding from investors who are confident about its promising potential. According to its whitepaper, the presale will take a 40-stage structure to provide investors with more than enough chance to be a part of its future. 

While sharing similar aesthetics with Dogecoin, PlayDoge has been tipped to outperform the meme coin king due to its P2E utility. Considering its presence on the Binance Smart Chain, it won't be surprising to see PLAY get listed on Binance at the end of its presale.

Follow PlayDoge on X.

Buy PlayDoge

Mega Dice (DICE) - Latest GameFi Token, Offering Exclusive Perks And Rewards To Holders

Mega Dice took the crypto world by storm after starting off the presale of its community token, DICE in grand style. Despite being a fresh launch, this token has already shown its potential to be a wealth generator for believers in the future of the fast-rising online casino. 

Rather than embracing the usual staking model that encourages long-term holding, Mega Dice has taken a different route by adopting a system that rewards early movers based on the casino’s performance. Therefore, as the casino continues to grow, token holders earn daily rewards.

Another vital utility of this token is that it can be used by casino and sports betting enthusiasts to wager on their favorite gambling options and win life-changing sums. More so, holding $DICE unlocks a host of additional perks and rewards through airdrops, rakebacks, referral commissions, and many more. 

According to its whitepaper, the airdrop program will unfold in four stages - foundation, early birds, season 1, and season 2. During the foundation stage, Mega Dice will airdrop two million tokens to those who wager on casino games and sports betting markets with DICE. 

The “early birds” stage will see the distribution of 5 million tokens to those who wager on games with DICE or other currencies. 

Even though the future performance of DICE will majorly depend on macroeconomic conditions in the crypto market, renowned YouTuber TodayTrader believes the token’s emphasis on community rewards and engagement will drive more users to its ecosystem.

 

Like many others, the ongoing DICE presale takes a multi-stage structure to provide interested persons with more than enough opportunity to buy the token. As of press time, DICE has raised upwards of $1.2 million from investors. Presently priced at $0.075, investors can purchase DICE using major cryptos like SOL, BNB, and ETH and stand the chance to earn its 10% presale bonus. 

Follow Mega Dice on X.

Buy Mega Dice

99Bitcoins (99BTC) - Innovative L2E Platform, Rewarding Individuals For Learning About Crypto

99Bitcoins is renowned for its efforts to make the crypto and blockchain space more understandable, even to newbies. With a YouTube channel that boasts over 700k subscribers, this platform has been able to build a community of individuals who are enthusiastic about crypto.

Having established itself as one of the biggest crypto education platforms in the market, 99Bitcoins is now embracing an L2E model, powered by its newly launched token, 99BTC. 

With this new initiative, 99Bitcoins is changing the existing narratives in the crypto education space, allowing participants to earn free tokens while they learn about the rudiments of cryptocurrencies and blockchains. In essence, 99Bitcoins rewards every user for every step in their crypto education journey. 

While starting as an Ethereum-based token maximizes its reach, its bridging to the BRC-20 chain brings more upsides to the ecosystem. In return, 99Bitcoins will also benefit from the capabilities of the Ordinals protocols to boost its security and enjoy additional rarity. 

Commenting on its potential, Crypto Gains describes 99Bitcoins as a token that can bring both short and long-term benefits to investors. 

With its ongoing presale, investors have a chance to be an integral part of 99Bitcoins before it experiences market success. In addition to offering holders with exclusive access to advanced trading courses and signals, 99Bitcoins also comes with staking rewards to discourage immediate sell-offs. 

Follow 99Bitcoins on X.

Buy 99Bitcoins

eTukTuk (TUK) - Eco-Friendly Crypto Project Aiming To Redefine The Future Of Transportation

eTukTuk is setting the stage as an AI-powered and eco-friendly crypto project that will revolutionize the transportation system in developing nations and the world at large. 

With a focus on providing affordable and advanced EV solutions, eTukTuk has become a driving force for positive change. One critical part of this project is its zero-emission electric TukTuk vehicles which, according to its whitepaper, will be accessible to everyone, regardless of the income level.

In addition to this, eTukTuk is providing solar-powered charging stations across the urban and suburban regions to bring about an optimized performance. At the heart of eTukTuk is its native token, $TUK which will power the platform’s AI-driven and eco-friendly innovations.

Recently, eTukTuk launched its play-to-earn game, Crazy Tuk Tuk Taxi on App Store and Play Store. The action-packed game gives room for players to step into the shoes of real drivers by completing simple driving and parking quests. Embracing a P2E model, this game rewards players whenever they complete each task. 

📢📢 EXCITING ANNOUNCEMENT 📢📢We are thrilled to announce that our awaited game, Crazy Tuk Tuk taxi is now also available on the App store 🤩Complete quests, earn rewards and compete in thrilling races 😎Download now:https://t.co/E2rb7J8r2e pic.twitter.com/XXgV8Wgz0Y

— eTukTuk (@eTukTukio) April 21, 2024

To join the eTukTuk movement, participate in its ongoing presale. Holders can also stake their tokens to earn passive rewards. According to eTukTuk’s whitepaper, the rewards will be payable over the course of three years.

Follow eTukTuk on X.

Buy eTukTuk

Final Words

In this article, we have introduced seven presale cryptos that have the potential to create massive returns in the coming months. They include Dogeverse, Sealana, WienerAI, Mega Dice, 99Bitcoins, 5th Scape, and eTukTuk. 

Our top pick is Dogeverse, a multichain meme coin with a fantastic mascot. While still at the early stage of its development, Dogeverse has demonstrated its potential to be the next big thing in the crypto space. 

However, with just a few days remaining before it concludes its presale, investors need to act fast to acquire DOGEVERSE at a discounted rate of $0.00031. 

Buy Dogeverse 

 

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Shedding the shadow of the 2022 crypto bear market that swept liquidity from the gaming market, 2024 is the year for regrowth. As Bitcoin (BTC) breaks $70,000 again, the gaming industry begins to fuel the furnace once again — igniting growth across all gaming markets. From Web3 gaming to mobile gaming, the industry is beginning to thrive as blockchain innovation creates opportunities never thought before possible for gamers.

As this trend continues to grow alongside gamer anticipation, games like LandRocker hit the ground runnning, delivering a play-to-earn (P2E) groundbreaker ready to make waves in the gaming industry. Whether it’s for entertainment, a mere passtime or to prove that competitive edge, upcoming games like LandRocker have a genre for every type of gamer.

Gaming, Growth and More Gaming

The gaming industry is growing at an extraordinary rate, expected to smash the $320 billion milestone by 2026. This paradigm shift can be explained post-covid due to global lockdowns pushing people towards a one-size-fits-all solution to solving boredom — gaming. 

Whether it’s the developments of cloud gaming, mobile gaming on smartphones or just the thriving esports space, revenues and growth in the gaming sector is witnessing a huge influx of attention. With reliance on smartphones growing as we try to keep up with the acceleration of technological innovation, mobile gaming is no exception. 

Gaming on the go accounts for almost half of the revenue of the gaming industry due to the sheer accessibility and convenience of mobile devices. Alongside the growth of cloud gaming options — available to both soft and hardcore gamers — top-end AAA gaming options can now be experienced without the need for excessively expensive (immobile) hardware.

Esports have also been a major beneficiary of the push for gaming market expansion. Built on the foundation of a billion-dollar market, esports-centered competitive gaming has been show love from millions of fans on a global scale. Huge esports tournaments like the League of Legends World Championship or The International have accrued worldwide attention but now, gaming is going on-chain. 

The technological step that that blockchain offers the gaming industry is opening doors that once opened, will never be shut. As the profitability and interest in esports grow hand-in-hand, the stage is set for sponsorships, investments, investors, gamers, and spectators waiting to witness what comes next.

LandRocker: ‘Liberating’ P2E Gaming

LandRocker is ready to build from the bedrock amid the gaming market boom, offering players a unique P2E sci-fi experience that propels them through time and space. Built upon the fundamentals and perks of on-chain technology, LandRocker is the only P2E platform that distributes rewards and ensure validation security through blockchain.

Set in the vast expanses of space, LandRocker is a space exploration game that revolves around discovery, adventure, strategy, player-vs-player (PvP), and crypto rewards. The platform’s native token (LRT) is the lifeblood of the game’s ecosystem — fueling rewards, transactions, universal dominance, and a thriving in-game economy. 

The mission is simple: gather resources, overcome obstacles, return victorious, and enjoy the fruits of your labor. Easy right? Not so fast…

With exploration of over 79 quintillion unique planets — outnumbering even the seemingly limitless ‘No Man’s Sky’ — LandRocker players have to keep at check on their Rover and the Fuel they have left. Careful management of resources is vital in this versatile space exploration game, able to be experienced in both a downloadable 3D version and a web-based 2D version — tailored to all gaming preferences.

What sets LandRocker apart is it’s blockchain-based reward system. Breaking down the traditional reward systems that are predetermined or vulnerable to manipulation, LandRocker utilizes smart contracts to hide rewards directly on-chain. This process ensures fairness and transparency for all players through an innovative new solution to a long-standing issue with traditional P2E games.

Blockchain: The Real Final Frontier

The integration of blockchain in the gaming industry has been a literal ‘game-changer’, offering gamers a whole new plane of gaming previously never thought possible. Building on this transparent and secure industry metamorphosis, LandRocker’s integrated blockchain capabilities ensure the creation of a trust-based realm that players can explore, conquer, and compete in without fear of unfairness.

With LandRocker gamers can hang up their Star Trek roots and find the real final decentralized frontier with an in-game economy build on the blockchain. Prioritizing true ownership of in-game assets, LandRocker enables players to craft and mint NFTs which can that be sold or used to improve all aspects of the gaming experience. This layer of economic innovation sets blockchain games a head and shoulder above traditional off-chain games by providing real-world value through in-game accomplishments. 

LandRocker is more than just another P2E game. Here players get the opportunity to become part of an inclusive on-chain community, step into the expanse of the unknown, heed the call of adventure, or become the best damn miner in the galaxy. 

Are you ready to work with other gamers to liberate planets from alien hands in the new game mode Play-to-Liberate (P2L), or are you here to Play-to-Win (P2W) — embarking on missions to unearth token rewards? 

No matter which way you rock, LandRocker has you covered.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Jasmine Cooper, the Head of DeFi Product at Ripple, leads tokenization and DeFi products within RippleX, the team focused on providing infrastructure, tools, services, and programs for developers to enable new crypto use cases on the XRP Ledger (XRPL). Prior to her role at Ripple, Jasmine thrived and built an impressive career in fintech, managing mortgage tech and launching a firm in the financial health space—her depth of experience is undeniable. 

In an exclusive interview with Mike Ermolaev, Cooper spoke about Ripple's strategic moves into DeFi territory. Key points included user onboarding, cross-chain interoperability, integration of TradFI with DeFi as well as launching a novel stablecoin and fresh business tie-ups. Powered by GoMining, this conversation is part of the ongoing GoCrypto interview series. 

Expanding DeFi Adoption on the XRP Ledger

Asked about Ripple’s strategic plan for expanding DeFi adoption on the XRP Ledger (XRPL),  Jasmine Cooper said that it involves leveraging the platform’s inherent strengths and enhancing its capabilities to meet the growing industry demands. Ripple takes advantage of the XRPL’s purpose-built features for value transfer, which have included native payments and decentralized trading functionality since 2012. According to Jasmine, Ripple aims to foster the creation of user-friendly applications that expose the platform's protocol-native features, such as the decentralized exchange (DEX), token minting, payments, and escrow—all aimed at reaching a wider audience.

"To further bolster the XRPL's DeFi capabilities, Ripple and other community developers are actively designing new features that extend the original feature set. These include an AMM expansion of the order-book DEX, native price oracle support, metadata-inclusive semi-fungible tokens, and a highly modular protocol-native lending protocol. By integrating these features seamlessly with the XRPL's high speed and cost-efficiency (trades execute for a fraction of a penny), Ripple seeks to provide developers and users with the essential primitives of decentralized finance within a secure, durable, and battle-tested blockchain," Jasmine explained.

Recognizing the importance of interoperability and scalability in driving widespread DeFi adoption, Ripple has partnered with Peersyst to develop a Cosmos-SDK-based sidechain with EVM compatibility via EVMos. This ensures seamless access to the XRPL's features while enabling interoperability with other blockchain ecosystems. Additionally, Ripple's partnership with Axelar Foundation aims to enhance the XRPL's interoperability across a diverse range of blockchain networks. Axelar's network, which connects over 55 blockchains, will further broaden the XRPL's utility and reach, enabling developers to build cross-chain dApps and facilitate secure asset transfers across connected blockchains.

"As the future of blockchain technology becomes increasingly multi-chain, Ripple's focus on interoperability and the XRPL's ability to process transactions at incredible speeds and low costs position it as a key player in the growing DeFi landscape. The integration of Axelar network with the XRPL marks a significant milestone in the evolution of blockchain interoperability and utility, opening up new pathways for innovation and driving forward a more interconnected blockchain ecosystem," Jasmine added.

Enhancing User Onboarding with Sponsored Fees

Regarding the proposal for sponsored fees and reserves through relayed transactions, Jasmine outlined how this innovation aims to enhance the onboarding process. 

"The proposal for sponsored fees and reserves through relayed transactions offers a more flexible approach to account reserves. Instead of providing XRP for reserves for free as a gift, which can be exploited, this proposal allows for these reserves to be treated as a loan for the duration of their use. Currently, giving away account reserves is vulnerable to abuse, as individuals can create accounts to receive the 10 XRP reserve, then delete the account and reclaim 8 XRP, essentially receiving free funds. The same risk applies to object reserves. Our proposal addresses this issue by ensuring that the 8 XRP return to the project, eliminating the potential for such exploitation," she said.

Jasmine added, "The generosity of the sponsor is safeguarded against abuse on-chain, as each use of the sponsorship must be approved by the sponsor. The primary risk of abuse we foresee is if the sponsor requests the return of their reserve and the sponsee is either unwilling or unable to repay it, particularly if they lack sufficient XRP to cover the reserve. This scenario could present some challenges, but overall, the measures in place significantly mitigate the risk of abuse while enhancing the onboarding experience."

Leveraging XChainBridge for Cross-Chain Asset Transfers

Ripple plans to leverage the XChainBridge technology to facilitate cross-chain asset transfers and enhance interoperability between the XRPL and EVM-compatible sidechains.

"The XChainBridge is a proposed amendment that aims to facilitate cross-chain asset transfers and enhance interoperability between the XRPL and other blockchain networks, such as EVM-compatible sidechains. The specific details of its implementation and the role of (w)XRP are still under exploration. We will be unveiling more information on the XChainBridge's capabilities and the role of (w)XRP during APEX," Jasmine stated.

Introducing Managed Single Asset Tokenized Pool

Regarding the Managed Single Asset Tokenized Pool proposal, Jasmine described it as an ERC-4626 inspired asset vault built natively on XRPL. This feature enables the lockup of a single asset in a pool while tracking the ownership shares of liquidity providers, making it ideal for use cases like lending, staking, and escrow.

"The Managed Single Asset Tokenized Pool proposal, referred to as XLS-65d, is an ERC-4626 inspired asset vault, built natively on XRPL. This feature enables the lockup of a single asset in a pool while tracking the ownership shares of liquidity providers, allowing for redemptions, or even minting another asset, making it ideal for use cases like lending, staking, and escrow," she explained.

"Administration of this feature can be handled by a delegate account through the protocol’s management functions. The Pool Delegate role is central to the administration, ensuring efficient and secure management of the pool. While XLS-65d provides the foundational framework, its implementation in lending protocols, such as XLS-66d, introduces specific security measures to align the delegate's incentives with those of the pool investors, such as first-loss capital," Jasmine said.

She added that although the protocol offers the necessary tools and options to ensure safety and compliance, the ultimate responsibility for the security and efficacy of the activities provided by their applications rests with the developers.

Bridging Traditional Finance with DeFi

Jasmine noted the advantages DeFi has over TradFi, such as transparency, accessibility, rapid settlement, and 24/7 runtime.

"These advantages are primarily technological. TradFi still has value in the areas of trust, customer relationships, regulatory compliance, access to capital, etc. By joining forces and bringing together these two different approaches to finance, we can create a significantly upleveled, more powerful financial system for all," she said.

She provided examples such as large private equity firms using lending protocols like XLS-66d to aggregate capital on-chain, lowering operational costs and reaching a wider investor base. 

“On the investor side, they now gain access to what was previously a highly coveted asset class, available only to large endowments and ultra high net worth. It is a win-win,” Jasmine explained. 

Additionally, she mentioned tokenized treasury bills that are becoming increasingly valuable as more capital moves on-chain, providing returns on idle capital with the low cost and low latency of the XRPL. 

Strategic DeFi Partnerships

Jasmine highlighted several strategic partnerships that are significantly bolstering DeFi development on the XRPL, including Zoniqx, Axelar, and Orchestra.

"Zoniqx plays a crucial role by streamlining the tokenization of real-world assets (RWA) on the XRPL, facilitating the creation of tokenized assets such as bonds, treasuries, and other financial instruments. This partnership will  enhance liquidity, speed up settlement times, and reduce transaction costs, making the XRPL beneficial for traditional financial institutions seeking to integrate blockchain technology," she explained.

Meanwhile, Axelar’s integration with the XRPL brings unparalleled cross-chain interoperability, connecting the XRPL to over 55 other blockchains, according to Jasmine. 

"This seamless cross-chain communication and asset transfer capability greatly enhance the flexibility and utility of the XRPL for DeFi applications. By enabling interactions with a broad array of blockchain ecosystems, Axelar ensures that the XRPL remains a versatile and interconnected platform, capable of supporting a wide range of DeFi activities," she continued.

Orchestra Finance is leveraging the XRPL’s native automated market maker capability to bring high-speed, low-cost DEX trading, staking, and more to the platform.

"They are continuing to iterate and expand on their dApp to deliver high quality permissionless DeFi to users on XRPL," Jasmine noted,

adding that more partnerships will be revealed in the coming months, specifically at the upcoming XRP Ledger Apex event on June 11-13. 

Emerging DeFi Trends on XRPL

Jasmine highlighted several emerging DeFi trends that could shape the future development of decentralized finance on the XRP Ledger. According to her, one key trend is the increasing traction in on-chain Real World Assets, particularly Treasury bills (T-bills).

"As traditional financial services become tokenized, the XRPL's fast, low-cost transactions and robust security make it ideal for trading assets like T-bills on-chain. Ripple, alongside the XRPL community, are working on enhancing the XRPL infrastructure to integrate seamlessly with traditional financial systems, improving liquidity and accessibility," she explained.

"Increased interoperability is also crucial. Ripple's partnership with Axelar connects the XRPL to over 55 other blockchains, facilitating seamless cross-chain communication and asset transfers. This ensures the XRPL remains versatile and integrated within the broader blockchain ecosystem," Jasmine added.

Overall, it appears that Ripple is preparing to accommodate these emerging trends by enhancing the XRPL's infrastructure, increasing interoperability, and developing advanced DeFi protocols to meet the needs of institutional finance.

Launching a Stablecoin

Jasmine also discussed the timeline for Ripple's stablecoin launch and how the company plans to differentiate its US dollar-backed digital currency from major competitors like Tether and Circle. 

According to her, Ripple aims to “bring stability and legitimacy with a compliance-first mindset”, making it the ideal player to launch a stablecoin pegged to the USD on the XRP Ledger and Ethereum.

"We expect the Ripple stablecoin to be used in institutional and DeFi use cases as well as in our payments solution," Jasmine said.

"We’re continuing to evolve the payments product and building toward a future where Ripple Payments is the fastest and most efficient cross-border payment solution for businesses, regardless of the currency, time of day or end destination – without needing to be an expert in crypto and blockchain," she added.

According to her, the company plans to pair the Ripple stablecoin with XRP to enable more crypto liquidity for additional cross-border payments demand, which in turn will enable critical on/off ramps and support global scale

Jasmine mentioned, "We will utilize a wide range of asset options – crypto, stablecoins, fiat, or a combination of assets – to provide customers with the best payment experience taking into account the region, time constraints, and associated fees."

"For example, if you’re using a G7 currency, fiat or a stablecoin might be the most appropriate. But if you need to send money outside of traditional work hours, or Ramadan or Christmas morning – using crypto will get your money to its desired destination instantly and at low cost. 

We have started testing stablecoins for select customers in the payments flow and may introduce others based on need / customer interest. Overtime, as there is more liquidity and assets supported on XRPL, we anticipate being able to directly tap into the DEX with our cross-border payments product Ripple Payments, to transform how cross-border payments are executed today – significantly reducing cost and speed of transactions," she concluded.

 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Pepe (PEPE) continues its meteoric ascent, reaching a new all-time high of $0.00001717 before a marginal pullback. 

The PEPE price is currently trading at $0.000017, with a market capitalization of just under $7 billion. 

With a staggering 140% rally over the past month, Pepe coin is now the 19th largest cryptocurrency by market capitalization, data from CoinMarketCap reveals. Additionally, its $2.7 billion daily trading volume tops that of large-cap altcoins such as Solana and XRP. 

However, investors are now facing the all-important question - will PEPE continue to rally and how high can it go? 

A few smart-money investors are already divesting into other new meme coins, with AI-powered meme token WienerAI emerging as one of the better alternatives. 

Why Is Pepe Coin Rallying In May?

Pepe coin has been one of the top-performing cryptocurrencies in May. 

According to CoinMarketCap, the frog-themed meme coin rallied by 140% over the past month, posting the highest gains of any top 100 cryptocurrency. Crypto Daily reported that PEPE flipped Uniswap and Polygon today, and now has its sights set on NEAR Protocol. 

However, whether or not the meme coin could continue its uptrend in June is the biggest question. 

PEPE’s bullish strength is largely due to its strong correlation with Ethereum. The surprising approval of spot Ethereum ETFs and ETH’s subsequent rally has provided a massive boost to the meme coin, resulting in multiple new all-time highs. 

The correlation between the two assets isn’t a new phenomenon. Meme coins have been acting as leveraged bets on their respective native tokens, with Dogwifhat and Solana perhaps the biggest examples of this trend. 

Pepe Coin Price Prediction - How High Can It Go In June?

Considering the meme coin’s correlation with Ethereum, making a PEPE price prediction largely depends on ETH’s trajectory in June. 

Notably, while the SEC has approved the 19b-4 filings of spot Ethereum ETFs, its Division of Corporate Finance still needs to approve the S-1 forms. While it may be a mere formality, the S-1 approval could take anywhere from weeks to months. 

Therefore unlike the spot Bitcoin ETFs, spot ETH ETFs could take a while to start trading, potentially after June. This temporary lack of institutional inflow could take a toll on ETH’s price trajectory, thus adversely affecting Pepe in the process.  

There is also a bearish possibility that the market may be overestimating the spot Ethereum ETF inflow. 

Bloomberg Intelligence ETF analyst Eric Balchunas expects Ethereum ETFs to have a cumulative asset under management of only 10-15% the size of Bitcoin ETFs. The weak inflows could result in an impulsive selling spree for ETH, resulting in even more selling pressure for Pepe coin. 

Bloomberg Intelligence ETF analyst Eric Balchunas expects Ethereum ETFs to be 10-15% of the assets of the BTC ETFs. Several indicators suggest institutional interest in Ethereum is much lower than it was for Bitcoin, according to researcher Noelle Acheson. The leading ETH futures…

— Wu Blockchain (@WuBlockchain) May 24, 2024

In the long term, experts remain extremely bullish on PEPE, expecting it to replicate Dogecoin and Shiba Inu’s performance in 2021. However, the meme coin could witness a cooling-off phase in June. 

According to our Pepe coin price prediction, the token could trade as low as $0.000012 in June.

Is WienerAI a Better Buy?  

While Pepe coin could retrace in June, WienerAI ($WAI) is gaining significant traction, thanks to its hilarious meme coin packaging and cutting-edge AI utility.  

The WienerAI presale has already raised over $3.1 million in its ICO, signalling high demand for the meme coin that could result in strong buying pressure after its launch. 

3 Million raised!As holder count grows, so does the anticipation for launch and the AI trading bot release!!🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭 pic.twitter.com/Y19TEbKwjc

— WienerAI (@WienerDogAI) May 26, 2024

Similar to Pepe, WAI is also an Ethereum-based meme coin and could benefit from ETH’s upcoming bull rally. However, as the name suggests, it is not a utility-less token, rising and falling at ETH’s behest. 

At its core, WienerAI is set to deliver a cutting-edge AI trading bot, a perfect companion for all token holders which could answer their trading-related queries. Additionally, it will deliver seamless swaps and MEV protection at no additional cost. 

$WAI’s native staking protocol is also an excellent avenue for passive income. Presale buyers who have staked their holdings are already accumulating lucrative staking rewards, currently at an APY of over 300%. 

  

Smart-money traders such as Michael Wrubel and Jon Trading have called WienerAI the top AI meme coin. Meanwhile, other experts believe that WienerAI could deliver up to 100x returns after its launch. 

 

Visit WienerAI Presale

 

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

As bitcoin continues to struggle to make a new all-time high, the altcoins are perhaps starting to manoeuvre for their next big push up in this crypto bull market. Bitcoin dominance has broken down. Could this be the beginning of an altcoin run?

Altcoins suffer less than $BTC

No sooner does bitcoin get a rally going than it meets with rejection. The recent news of $BTC being moved out of Mt.Gox wallets was the probable recent catalyst for this.

Of course, if bitcoin catches a slight cold, the altcoins normally get the flu, so the $BTC dump did little to enhance altcoin prices across the board. That being said, the combined market cap of altcoins does not appear to have suffered as much as the $BTC price.

Ethereum is a major factor

Ethereum (ETH) is probably one of the major factors for this, given that this morning’s Mt. Gox blip has already been absorbed by the number 2 cryptocurrency by market cap. The $ETH price is continuing to rally following the approval of the Spot Ethereum ETFs, and is likely to maintain this momentum, at least in the short term.

If $ETH is strong, the altcoins are more likely to follow its lead, and it could be expected that it won’t take long for certain of the altcoins to catch up on $ETH and then outperform. 

Bitcoin Dominance breaks trend on weekly time frame

Source: Coingecko/TradingView

That said, it’s the BTC Dominance chart that is of most interest right now. As can be seen above, dominance has just dropped down through the trend line it has been following above, all the way back to November 2022. Given that the chart is in the weekly time frame, the break has huge importance. The break still has to confirm with a candle body closing below at the end of this week, but this is so far looking quite likely.

Source: Coingecko/TradingView

The daily chart shows the support levels for Bitcoin Dominance. Note the M pattern that the price has traced out above the 54% support. This is a bearish pattern, and should it play out, the price would go down to the 51% support.

Altcoin season?

It’s still too early to call an altcoin season, and according to Blockchaincenter.net, we are at 35 on the Altseason Indicator, which is a long way short of the 75 which is the level at which this officially takes place.

Nevertheless, we are in a bull market, and altcoins should have their time in the sun at some point. The Bitcoin Dominance chart is the most reliable indicator for this, and keeping one’s eyes peeled on it is perhaps a good strategy.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Massive amounts of bitcoin are being moved out of Mt. Gox wallets in anticipation of disbursement to creditors. All bitcoin owed is set to be returned by the end of October of this year. The Bitcoin price has slipped under $68,000.

$9.2 billion in $BTC moves to one wallet

The crypto market caught a dose of the jitters once again as news broke of huge $BTC movements out of Mt. Gox wallets. According to the Arkham Intelligence platform, the transactions started happening in the early hours of Tuesday BST, and as of 9.00am, around 136,000 BTC had been moved to a wallet address beginning 1JbezDV. The value of the BTC amounts to approximately $9.2 billion at today’s prices.

The price of $BTC did not react favourably to the news. Down 2.35% so far on Tuesday - the price of $BTC lost $2,850 (4%) from the high of $70,600 it had achieved in Monday’s rally.

Can the market absorb the selling?

The question now is how much of this $BTC will be sold into the market? Given the huge gains that investors will make from the difference in price when Mt. Gox was hacked, to today’s hugely inflated price, it might be imagined that a good part of the $BTC could indeed be sold.

Going into the latter part of this year, it will be interesting to see whether the inflows into the Spot Bitcoin ETFs or positive market sentiment as a whole, will be substantial enough to absorb the selling that is bound to come from Mt. Gox creditors.

$BTC rejected once again

Source: Coingecko/TradingView

It seems that bitcoin just cannot rise out of the downward sloping channel it has been in since early March. Each time a rally gets up above $70,000, it fizzles out and is rejected. Of course, this is the behaviour of price within a bull flag, so perhaps this is all to be expected.

The $BTC price does have support around the $67,000 level, and also at $65,000, so a bounce might be expected to take place from one of these. If these supports fail to hold, a visit back to the low $60,000 area is on the cards. This would also tie in with the bottom of the bull flag.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Kaiko Research has stated that the approval of spot Ethereum ETFs is a highly positive sign for ETH’s long-term growth despite potential short-term struggles. 

The on-chain analysis firm believes the approval has removed much of the regulatory uncertainty around ETH and its status as an asset class. 

ETH Bull Run Imminent 

Ethereum saw a significant development last week after the United States Securities and Exchange Commission (SEC) approved spot Ethereum ETFs. The decision came following the approval of 19b-4 filings from major exchanges, including Cboe, NYSE, and Nasdaq. This step comes before the review of S-1 forms from various ETF issuers such as VanEck, BlackRock, and Fidelity. Once the S-1 forms are approved by the SEC, ETH ETF trading can begin. According to Will Cai, the head of indices at Kaiko, the approvals mean the SEC implicitly states that ETH without staking is a commodity. 

“With these approvals, the SEC implicitly stated that ETH (without staking) is a commodity rather than a security. This isn’t just about access to ETH but has significant and likely positive ramifications on how all similar tokens will be regulated in the US with respect to trading, custody, transfer, etc. “[The approvals have] significant and likely positive ramifications on how all similar tokens will be regulated in the US.”

Some Selling Pressure Expected 

Kaiko stated that it concluded that ETH could see a bull run by looking at what happened after spot Bitcoin ETFs were approved by the SEC. The firm stated that it expected some downward pressure on the price of ETH due to anticipated outflows. Kaiko pointed out Grayscale’s Ethereum Trust in particular, saying it could see outflows. This mirrors what happened when Bitcoin ETFs were approved, with investors who had put money into Grayscale’s GBTC immediately cashing out. This led to a drop in the value of Bitcoin in the short term. 

“Once the ETH ETFs launch, it is reasonable to expect selling pressure on ETH from likely outflows or redemptions due to Grayscale’s ETHE, which has been trading at a discount between 6% and 26% over the past three months. Overall, even if inflows disappoint in the short term, the approval has important implications for ETH as an asset, removing some of the regulatory uncertainty that has weighed on ETH’s performance over the past year.”

Greg Magadini from blockchain data provider Amberdata agreed with the assessment, stating that there is definitely a “bull run here on this news” even as it remains uncertain when the Ethereum ETFs will begin trading. JPMorgan, America’s biggest bank, said on Friday it believes spot Ethereum ETFs will begin trading before November. 

Sudden Approval

Spot Ethereum ETFs will give investors exposure to ETH via shares trading on the stock exchange. The SEC had initially been dragging its feet regarding approval, with analysts from Bloomberg and CoinShares speculating that ETH ETFs will not be approved. However, things suddenly changed last week after rumors began circulating that the SEC was indeed about to approve spot Ethereum ETFs. A few days later, the SEC approved spot Ethereum ETFs in a historic decision.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The Polkadot community has approved the Join-Accumulate Machine (JAM) Protocol upgrade in an almost unanimous vote, with backing from over 31 million DOT tokens. 

The Polkadot team received the JAM Protocol proposal in early May, along with reasons why it should replace the existing Polkadot Relay Chain, presented in a Gray Paper. 

Polkadot Community Passes JAM Protocol Upgrade 

The Polkadot team announced the news on social media platform X shortly after the Polkadot platform celebrated its fourth anniversary. Polkadot founder Gavin Wood introduced the upgrade’s Gray paper at the Token2049 crypto conference. The ratification of the JAM Protocol signifies the Polkadot community’s willingness to accept and oversee the JAM upgrade under the Technical Fellowship’s supervision. However, no immediate changes are expected. 

According to Wood, the upgrade is a significant milestone in Polkadot’s evolution. By replacing the existing relay chain with a more modular and minimalistic design, it will bring greater efficiency and improvements to the network. 

“@polkadot community has ratified #JAM as its next major protocol evolution with a near-unanimous governance vote. Work on getting the Graypaper to v1.0 continues.”

A Long Drawn Process 

The JAM Protocol was approved in several stages, including proposal submission, community discussion, and voting. The Polkadot community took its time evaluating the upgrade’s impact and considering the potential benefits and risks. The JAM upgrade will be closely monitored to ensure it delivers the anticipated benefits. 

Greater Efficiency And Flexibility 

The JAM Gray Paper was unveiled in Dubai and combines elements from Polkadot and Ethereum. The upgrade introduces a global singleton permissionless object environment similar to Ethereum’s smart contract environment. This comes with secure sideband computation that is parallelized over a scalable node network. JAM guarantees seamless compatibility for developers who use Substrate for blockchain development and deployment. This is facilitated by parachains specifically designed to support Substrate-based blockchains. JAM operates exclusively with DOT, eliminating the requirement to issue new tokens.

This helps simplify interactions while leveraging Polkadot’s existing infrastructure. Polkadot has also introduced the JAM Implementer’s Prize, a 10 million DOT reward pool, to encourage the creation of implementations in different programming languages to create a robust foundation for the ecosystem. 

Four Years Of Polkadot 

Polkadot celebrated its fourth anniversary on 26th May. Since its genesis block, Polkadot has become one of the most prominent blockchain networks designed to provide speed and scalability. The protocol’s governance token is DOT, which it asserts is not a security because it has evolved into software. This has helped distinguish the token from competitors that have come under intense scrutiny from the Securities and Exchange Commission. DOT remains among the few digital assets that have not been classified as a security by the SEC. 

Polkadot has seen considerable activity over the past few months, with the team announcing the launch of the highly anticipated Asynchronous Backing upgrade. The upgrade enables a more optimized approach to how the Relay Chain validates parachain blocks.  

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

With the 2024 crypto bull run in full swing, interest in affordable altcoins is surging. Exciting opportunities await for those looking to invest in cryptocurrencies priced under $1. Some of these low-cost options hold great potential for substantial returns. Exploring these budget-friendly coins could offer a unique entry point into the thriving market. Discover which under-the-radar picks are currently generating buzz among savvy investors.

BlastUP Presale Enters Its Final Week: Last Chance to Buy $BLP At 35% Discount

BlastUP's triumphant presale is entering its final week. Launched only a few months ago, the presale has achieved remarkable success, raising over $7 million and attracting more than 17,000 participants — and the numbers continue to grow, as more investors hurry to buy $BLP before its price increases.

Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

The presale runs until the 31st of May, leaving just a few days to join this groundbreaking launchpad platform that has already confirmed its robust utility and dedication to community growth. The anticipated DEX listing price for $BLP is set at $0.1, but the tokens are now available at a 35% discount, priced at $0.065.

>> Final Call – Get $BLP at a Discount Before May Ends! <<

Polygon (MATIC) Price Overview and Prediction

Polygon (MATIC) is currently trading within the $0.67 to $0.76 range. It has shown a positive trend with a 5.86% increase over the past week and a 2.70% rise over the past month. However, a 3.47% decline over six months suggests the coin is in a corrective phase. The nearest resistance is at $0.80, and support is at $0.63. With a 10-day SMA of $0.72 and a 100-day SMA of $0.73, the price is in a cautious upward trajectory. RSI at 52.84 and Stochastic at 64.58 indicate moderate momentum.

Pepe Crypto Price Overview: Trending Upwards with Strong Momentum

Pepe (PEPE) is currently in an impulsive move, with the price ranging between $0.000011 and $0.000019. Over the past week, PEPE's price surged by 83.31%. The past month shows a 127.21% increase, and over six months, an impressive 1434.58% rise. The nearest resistance level is $0.000022, well above the simple moving averages. With an RSI of 65.65 and a Stochastic of 73.66, PEPE could see more upward movement if current trends continue.

Pyth Network (PYTH) Price Overview and Prediction

Pyth Network (PYTH) is currently trading in a range between $0.36 and $0.51. The coin has shown a 14.92% increase over the past week, despite a drop of 24.54% over the past month. Over the past six months, PYTH has increased by 14.62%. The Relative Strength Index (RSI) is 46.80, indicating a neutral position. The 10-day and 100-day Simple Moving Averages are both $0.44. PYTH appears to be in a corrective phase with its nearest resistance at $0.58 and support at $0.28.

Dogecoin Price Overview: Staying Strong with Positive Momentum

Dogecoin (DOGE) is currently in the $0.15 to $0.18 range. In the last week, it rose by 12.14%, and over the past month, it gained 12.52%. Over six months, its price jumped by 106.42%. The coin shows positive momentum with impulsive price moves, poised near resistance at $0.19. The 10-day and 100-day averages are both at $0.17, indicating steady support. The RSI is neutral at 49.37. DOGE’s recent trend appears strong with the nearest resistance level in sight.

Conclusion

MATIC, PEPE, PYTH, and DOGE may have less potential in the short term. However, BlastUP stands out with the best growth opportunities. The project is promising due to its unique concept and its place in the Blast ecosystem.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

The tech industry thrives on a constant influx of fresh ideas. Aspiring entrepreneurs dream of transforming their visions into groundbreaking products and services that revolutionize the way we live, work, and interact. However, the journey from that initial spark of inspiration to a commercially viable product can be a labyrinthine one. Funding, building a team, navigating legal complexities – the list of challenges seems endless.

This is where communities like XERA Pro emerge as crucial launchpads for aspiring tech leaders. With over 2.2 million forward-thinking individuals forming its global network, XERA Pro offers more than just connections; it provides a comprehensive support system that empowers entrepreneurs to turn their ideas into reality.

Let's explore the entrepreneur's journey and how XERA Pro empowers each stage:

1. Igniting Your Tech Idea

The initial spark often stems from identifying a problem or unmet need in the market. Perhaps you envision a more secure way to conduct online transactions, a revolutionary social media platform, or an AI-powered healthcare solution. XERA Pro plays a vital role here by:

Facilitating Knowledge Sharing: The XERA Pro community is a treasure trove of knowledge for tech enthusiasts. Connect with fellow entrepreneurs, industry experts, and developers to discuss your ideas, gain valuable feedback, and explore the feasibility of your concept.

Exposure to Cutting-Edge Trends: Staying ahead of the curve is crucial for any tech entrepreneur. XERA Pro offers a platform for webinars, workshops, and discussions focused on emerging technologies like blockchain, artificial intelligence, and the Internet of Things (IoT). This exposure allows you to integrate these trends into your idea, potentially creating a more innovative and competitive solution.

2. Building Your Dream Team

No entrepreneur builds a successful company alone. Assembling a talented team with the necessary skills and expertise is paramount. XERA Pro empowers you in this aspect by:

Connecting with Tech Talent: The XERA Pro platform allows you to tap into a global pool of developers, designers, marketers, and other tech professionals. Post job descriptions, identify individuals with the specific skillsets you require, and build your dream team from a vast talent pool.

Mentorship Opportunities: Seasoned tech entrepreneurs and industry veterans often share their knowledge and experiences within the XERA Pro community. This allows you to seek guidance, gain valuable insights, and learn from the successes and failures of others who have navigated a similar path.

3. Building Your Brand and Reaching Your Audience

With a solid product or service in hand, the next step is establishing your brand and reaching your target audience. XERA Pro offers support in this stage by:

Marketing and Community Building: The XERA Pro platform allows you to connect with potential customers and brand advocates. Share updates on your product development, engage in discussions and build a community around your brand.

Networking Opportunities: XERA Pro facilitates connections with established tech companies and industry leaders. These connections can open doors for potential partnerships, collaborations, and valuable promotional opportunities.

XERA Pro: Beyond Connections

XERA Pro goes beyond simply connecting individuals. It fosters a vibrant ecosystem of collaboration, support, and shared passion for technological innovation. Here are some additional benefits of being part of the XERA Pro community:

2.2 Million-strong Global Network: Connect with tech enthusiasts and entrepreneurs from all corners of the world. Gain diverse perspectives, exchange ideas, and learn from a global pool of talent.

Continuous Learning Environment: XERA Pro offers a constant stream of educational resources, workshops, and discussions. Stay updated on the latest trends, hone your skills, and gain valuable knowledge to refine your approach.

Supportive Community: The XERA Pro community provides a space to share challenges, celebrate successes, and find encouragement from a network of individuals who understand the unique challenges faced by tech entrepreneurs.

By leveraging the resources, connections, and support system offered by XERA Pro, aspiring tech entrepreneurs can navigate the complexities of bringing their ideas to life. Join the XERA Pro community today and embark on your journey to transform your tech dream into a reality.

About XERA Pro

XERA Pro is a global community that seeks to leverage technological advancements in the blockchain industry to empower individuals and transform society, bringing about a more sustainable, prosperous, and inclusive future.

Follow them on social media here: 

Telegram 

YouTube 

Twitter

LinkedIn

Instagram

Disclaimer: The content provided in this article is for educational and informational purposes only. It is not intended as, and should not be construed as, the promotion or marketing of any digital assets, cryptocurrencies, or investment advisory services. This article does not constitute professional investment advice and should not be used as the basis for any investment decision. Readers are encouraged to conduct their own research and consult with professional advisors before engaging in any investment activities.

As the crypto market surges into 2024, discerning investors are on the lookout for the next big breakout. This article delves into the most promising altcoins poised to deliver significant returns. With careful analysis and deep market insights, the spotlight is on the top contenders that could make millionaires out of savvy investors. Stay tuned to discover which altcoins have the potential to skyrocket this year.

BlastUP Token Supply Runs Out with Presale Ending in One Week

The BlastUP presale is taking the market by storm, swiftly raising over $7 million and captivating more than 17,000 investors in just a few months. With nearly 70% of the $BLP tokens allocated for the presale already sold out, investors are racing to grab their share of this dynamic launchpad platform.

The BlastUP presale is nearing its end, offering $BLP tokens at a 35% discount until May 31st, before they are listed on the DEX at $0.1. Recognized by crypto experts as a hidden gem, the BlastUP token is forecasted to potentially skyrocket by 1000% by the end of the year.  

>> Buy BlastUP Tokens Now for Maximum Returns! <<

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities.

The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Join BlastUP Now or This Rocket Will Take Off Without You! <<

Starknet (STRK) Price Overview: Upward Trend with Bullish Indicators

Starknet (STRK) is currently trading within a range of $1.09 to $1.36. The price shows a strong increase with a one-week change of 24.64% and a one-month change of 13.15%. Over the last six months, STRK has surged by 552.24%, indicating a bullish trend. With the nearest resistance at $1.46 and support at $0.92, the coin may continue to rise, supported by its RSI of 64.04, Stochastic of 87.66, and MACD level of 0.015.

Sui (SUI) Crypto Price Overview

Sui (SUI) currently trades in the $0.97 to $1.14 range. The nearest resistance is $1.24, and the nearest support is $0.90. Its 10-day simple moving average is $1.04, with a 100-day simple moving average of $1.06. The RSI is 55.41, suggesting it's neither overbought nor oversold. Stochastic is 71.05, indicating potential upward momentum. MACD is at -0.000586, showing a subdued trend. In the past week, the price rose by 2.25%, showing an impulsive move.

Sei (SEI) Crypto Price Analysis

Sei (SEI) is currently trading in the range of $0.49 to $0.59. Over the past week, its price has risen by 3.38%. However, it has dropped 7.47% in the last month. Despite this recent dip, Sei has seen a substantial increase of 91.74% over the last six months. The coin fluctuates around a key resistance level at $0.65 and support at $0.44. Indicators suggest SEI is in a corrective phase but could shift if it breaks resistance.

Conclusion

STRK, SUI, and SEI offer potential but may take some time to see significant gains. In contrast, BlastUP stands out as the top pick. The project's strong concept and its place in the Blast ecosystem make it particularly promising. The current market conditions seem to favor BlastUP, suggesting it might provide the best returns in 2024.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

The crypto market had another new flame just flare up and caught the attention of many investors: Algotech (ALGT). The decentralized algorithmic crypto trade platform seems to take command of the focus with the last bonus round as the key players in the game, Ripple (XRP) and Avalanche (AVAX), ensue. For the longest time, the cryptocurrency market has been dominated by a few major players, although change appears to be in the air and Algotech is situated to be the truly disruptive force.

Ripple's XRP Slumps 18%, Consolidates Above $0.51

Recent market movements have seen Ripple's XRP price slump by almost 18% from the highs of $0.6431 set on April 9. However, the altcoin is consolidating after the drop, having broken above the sticky resistance at $0.51 several times this week. As of now, Ripple is trading at $0.5282, testing the resistance around $0.5310, which allows for the 50% retracement of the decline from April 9 to its April 13 low. 

Other technical indicators also affirm a bullish momentum underneath the Ripple uptrend, with the Moving Average Convergence Divergence moving further above its zero line in recent trade and the Relative Strength Index moving back above the neutral line for what looks like a potential crossing.

Coinbase Launches Avalanche (AVAX) Staking Amid Price Decline

Meanwhile, Avalanche (AVAX) is also facing a price decline, but a recent announcement from one of the giant exchanges has triggered a wave of optimism. Coinbase Exchange annouced launching Avalanche (AVAX) staking this week. The decision is a pivotal moment for the Avalanche protocol and the exchange because the mechanism of staking has been the subject of debate in the United States. That means, apart from the annual percentage yield of 4.47%, Coinbase will start offering staking services for Avalanche. 

However, the choice of Avalanche by Coinbase is, without a shadow of a doubt, with the realization that its status as a Layer-1 blockchain network remains one of the fastest to hit the TPS neighborhood of 4500 compared to Bitcoin's 7. With AVAX added to the staking options on Coinbase, it means further major validation of the protocol, increased demand, and a price boost in the long run. At the time of writing, AVAX is down by 3.5% in the last 24 hours, priced at $38. One wouldn't be surprised if, over the next few days, staking news triggers a turn in price action.

Algotech (ALGT) Presale Raises $5.6M, Attracts XRP and AVAX Investors

Algotech (ALGT) has been a silver lining in the actions of investors in their lost hope toward gaining new and innovative approaches, performing trading, and investing in the market. With the last Algotech presale round bonus in place, investors from Ripple (XRP) and Avalanche (AVAX) are taking the chance to diversify their potentially lucrative portfolios. The platform has already raised over $5.6 million, with massive demand from investors looking for the next moonshot. 

Additionally, Algotech has spent a total of $1.2 million on H100 GPUs to reinforce and cultivate their speed, accuracy, and capability. Algotech is setting new standards for crypto trading, growing from existing Ripple's XRP and AvaLanche (AVAX) established projects, attracting investors using its leading-edge automation and other avant-garde technologies.

Algotech features a technically robust infrastructure that can handle significant trade volumes, making it smooth, low-latency, reliable, and easy to use. The platform also utilizes advanced strategies with risk management methodologies to minimize losses and enhance general trading performance by real-time analysis of relations at the market and reacting to probable risks.

Learn more:

Visit Algotech Presale

Join The Algotech Community

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.