The term "crypto winter" usually refers to a bear market cycle that allows investors to buy crypto coins at a low price before a new crypto bull run begins. Despite the relatively short history of the cryptocurrency market of just 15 years, the crypto winter bull run or "Santa rally" is known as one of the critical phases of the crypto market cycle that can be highly rewarding for those who catch this trend. 

In this guide, we have reviewed some of the best cryptos to invest in before the winter bull run. We also discuss what a bull run means in the crypto market and the crypto winter bull run prediction in 2024 and early 2025. 

Best Cryptos to Invest in Before Winter Bull Run - Top 8 List

Here are the top 8 list of the best cryptos to invest in before the winter bull run:

The Meme Games - Olympics-Themed Meme Coin

Bitcoin - Largest Cryptocurrency By Market Capitalization 

Pepe Unchained - Pepe’s Own L2 Blockchain 

Binance Coin - Binance Native Token

Base Dawgz - Dynamic Dog-Themed Memecoin

PlayDoge - Best P2E Doge Companion

99Bitcoins - Innovative Learn-To-Earn Token

Mega Dice Token - The #1 GameFi on SOL

Best Cryptos to Buy Before Winter Bull Reviewed

In this section, you can read our detailed review of each cryptocurrency, including its most essential features and what distinguishes it from other numerous cryptocurrencies. This can help you discover which crypto coin is suitable enough for you to buy before the winter bull run. 

The Meme Games - Olympics-Themed Meme Coin

First on our list of the best cryptos to invest in before the winter bull run is The Meme Games, a new meme coin that offers gamified presale token bonuses through its Olympics-themed sports competition. 

$MGMES, the native token of The Meme Games, has recently launched its presale, and 38% of the total 2.024 billion token supply is being distributed through the presale. $MGMES is currently trading for $0.00905 per token and can be bought in exchange for ETH, USDT, BNB, or directly through a bank card. 

With this presale, investors take part in a gamified presale event each time they buy tokens during the presale. Investors can select one of the five meme coin characters, which include the swimming hero PEPE, the oldest athlete DOGE, the fast and furious TURBO, the fashion-forward competitor WIF, and BRETT, the embodiment of every crypto big bro to compete in a 169-meter dash race.  

If your chosen avatar wins the race, you receive a 25% presale bonus. Due to this exciting feature, investors flock to the presale, and in just a week since its presale started, the Meme Games project has raised more than $225K, which indicates an increase in investors’ interest and demand. 

The ongoing buzz around this presale has also built up the hype for its upcoming exchange listing, which will commence shortly after the presale ends. The Meme Games presale will cease shortly after the Paris Olympics 2024 season concludes. And $MGMES will begin trading on DEX on September 10, 2024.

10% of the token has been allocated to staking, and MGMES has staked a total of 8,903,825. This staking feature has a current APY of over 1000%, which will gradually decrease as more tokens are staked. 17% of the token has been further allocated to project funds; additionally, 9.30% of the token has been set aside for game winnings. Another 10% of the token has been allocated to liquidity, and the remaining 15% is used to market the $MGMES token.

All in all, the Meme Games seems to be one of the best cryptos to buy before the winter bull run. So, for more information, read the Meme Games whitepaper and follow The Meme Games on X. 

Buy The Meme Games

Bitcoin - Largest Cryptocurrency By Market Capitalization

Coming second on our list is Bitcoin. With a market capitalization of over $1.3 trillion, Bitcoin is the largest cryptocurrency by market capitalization, and some even call it the currency of the future. Often referred to as digital gold, Bitcoin has a strong track record of long-term growth and is widely considered a safe haven asset in the crypto market. Due to the nature of Bitcoin, some analysts and Bitcoin supporters believe it can reach $100K or even $1M; however, that obviously is open for debate.

Either way, with institutional adoption increasing and its deflationary nature, Bitcoin remains a top choice for investors looking to capitalize on the winter bull run. It is by far the most popular cryptocurrency, and it has become a worldwide sensation. As the first blockchain-based digital asset, it has been steadily gaining popularity since 2009, rising from a value of $0.0009 to its current price of nearly $66K. On March 14, 2024, BTC hit an all-time high of $73,750

At the time of writing, Bitcoin is trading for $66,010.65 per (BTC/USD) with a YTD of nearly 50%. Those who invest in BTC could still get high returns when the market rebounds to find another rally, with some analysts predicting that Bitcoin can reach its all-time high by the end of the month.

Generally, Bitcoin is a cryptocurrency that is often compared to gold because of its rarity; it has a limited supply of 21 million coins, which makes it rare compared to other currencies (particularly fiat money), making it one of the best deflationary cryptos to buy in 2024 and beyond. At the time of writing, 94% of all BTC tokens are in circulation.

This cryptocurrency is also durable and portable, as any amount of Bitcoin can be sent to anyone worldwide in split minutes. It is an alternative form of digital money, and financial intermediaries do not control it. Bitcoin is perfectly legal in most countries, making it one of the best cryptocurrencies to invest in before the winter bull run.

Pepe Unchained - Pepe’s Own L2 Blockchain

Ranking third on our list is Pepe Unchained ($PEPU), which is currently one of the best cryptos to invest in before the winter bull run. It is a hot new meme crypto that aims to be a better version of the original Pepe meme coin. The platform is based on Ethereum and functions as a layer-2 network that is less expensive and faster than Ethereum at processing transactions. Since its launch, PepeUnchained has captured the imagination of the crypto community with its fun and engaging branding. This coin has great community support and is regularly used in meme culture.

As mentioned, this Pepe-inspired meme coin is built on Ethereum's layer two (L2) blockchain. As a result, it benefits from increased network efficiency and reduced costs, and it can accelerate transaction processing by offloading it off the main network. Furthermore, the reduced operational costs allow Pepe Unchained to offer double the staking rewards, making Pepe Unchained one of the best cryptos to invest in before the winter bull run. 

Within a few weeks, the presale has raised over $ 4.9 million, and currently, $PEPU is trading for $0.008596 per token and can be purchased in exchange for ETH, USDT, and BNB. It can also be purchased directly through your bank card. However, this price will continuously increase in the upcoming presale rounds. The platform currently offers “double staking rewards” to people who buy early during the presale. 

Additionally, it's important to note that 20% of the 8 billion $PEPU tokens are set aside for presale, ensuring that early investors receive a fair share of the token. A further thirty percent of the token is set aside for staking incentives, and so far, a total of 417,934,490 $PEPU have been staked. Staking your tokens means you can earn a high APY of over 300%. 

A further 20% of the token has been set aside for marketing $PEPU tokens, and 10% of the token has been allocated to liquidity. In addition, 10% of the token has been assigned to project financing to ensure that the project operates successfully, and another 10% to chain inventories.

All of the above has been enough to convince crypto analysts that Pepe Unchained can be the next 10x meme coin. 

Pepe Unchained aims to be more than just a fun meme coin. The project aims to create a whole system with features like quick transfers between Ethereum and its chain, a special tool to track all transactions, and the ability to handle transactions 100 times faster than Ethereum. It is currently one of the best cryptos to buy, and interested investors can follow the Pepe Unchained X account and enter its Telegram group to get the most recent presale updates.

Buy Pepe Unchained

Binance Coin - Binance Native Token

Fourth on our list is Binance Coin (BNB) - the native cryptocurrency of the Binance exchange, one of the largest and most influential crypto exchanges globally. BNB offers numerous benefits, including reduced trading fees and access to exclusive token sales. With a year-to-date return of nearly 85%, BNB has demonstrated its resilience and growth potential, making it one of the best cryptos to invest in before the winter bull run. The coin hit its all-time in early June of $722 per token. 

For those unaware, Binance is the largest cryptocurrency exchange globally in terms of daily trading volume and also the largest cryptocurrency by market capitalization. This makes BNB one of the best utility tokens on the market, and Binance users can receive discounts on commissions by using BNB tokens to make payments. Hence, this is a good reason why BNB tokens are frequently used even in a down market. In other words, they maintain a certain fundamental level of demand. Furthermore, given their relationship with Binance, many investors have more trust in them than they do in other cryptocurrencies.

In a recent announcement, Binance stated that a new on-chain governance structure would be developed on the BNB Chain to combat and defend against future theft. According to CoinMarketCap data, nearly $1.3 billion worth of BNB was exchanged in the last 24 hours. This shows the high dependency of the crypto market on the BNB token. 

BNB has a total token supply of 200 million, with around 77% of that supply in circulation at the time of writing this guide. Binance Coin has a market capitalization of around $77 billion and is now trading at $591.80 per (BNB/USD), far from its all-time high level of $722. 

Taking all the above into consideration, BNB is certainly one of the world's most popular utility tokens, as well as one of the greatest cryptocurrency investments to make before the winter bull run.

Base Dawgz - Dynamic Dog-Themed Memecoin

Fifth on our list is Base Dawgz, a new meme coin built on the Base chain that is natively supported on five blockchains: Base, Ethereum, Binance Smart Chain, Avalanche, and Solana. During the Base Dawgz presale, you can buy and claim the $DAWGZ token on all of these networks, and it will launch on all of them simultaneously. 

It also helps that the Base Dawgz launch is expected to be a big deal in the crypto world, and several crypto enthusiasts and analysts have already suggested $DAWGZ could be the next 100x meme coin on Base based on the early hype around the token, which makes it one of the best cryptos to invest in before the winter bull run. 

The excitement surrounding $DAWGZ is building by the day, thanks in part to the project's ingenious share-to-earn rewards scheme. The platform features a program that allows you to earn money by creating and sharing $DAWGZ-related content. Presale participants who link their X account to the Base Dawgz presale and reshare material from the Base Dawgz X account will receive tokens that can be redeemed for $DAWGZ at the end of the presale. It's an excellent technique for rewarding dedicated community members and spreading the news about Base Dawgz.

Base Dawgz is a unique meme coin designed to give those who crave adventure and innovation a unique multichain experience. The Base Dawgz presale is open now, and it’s raised more than $2.6 million in its first month, which indicates a high increase in investors and a strong demand for the meme coin. $DAWGZ is currently trading for $0.006725 and can be bought in exchange for ETH, BNB, SOL, BSC, and AVAX. Early buyers can also earn a high staking APY of over 1000%, and at the time of writing this guide, 143,438,831 $DAWGZ has been staked. 

Since the beginning of its presale, Base Dawgz has rapidly gained traction due to its vibrant community and innovative marketing strategies. The coin’s team aims to build a strong, engaged community, and so far, it has seen impressive growth quickly. As they expand their network, the team also intends to list the coin on popular crypto exchanges, which can help draw cryptocurrency enthusiasts from various blockchain groups with the help of the well-liked Base blockchain and the unique appeal of dog meme coins. 

Follow Base Dawgz on X.

Buy Base Dawgz

PlayDoge - Best P2E Doge Companion

Coming in at number six is PlayDoge ($PLAY), which is, from our research, one of the best crypto to buy before the winter bull run. It's a one-of-a-kind mobile play-to-earn (P2E) game that combines the popular Doge theme with a virtual pet in the style of Tamagotchi. The game's graphics are retro (from the 1980s), and players can feed, train, and play with their digital doge. The $PLAY token is the platform's native way to reward gamers; where players can earn these tokens by caring for their dogs and playing mini-games within the app. Some fascinating features include a scoreboard where top players may receive extra awards, as well as engaging 2D mini-games that bring back memories of vintage video games.

Many users claim that PlayDoge is the best play-to-earn companion game and a meme coin that integrates gaming elements, creating a unique and entertaining platform for users. The combination of gaming and cryptocurrency offers a novel way for users to engage with the token, potentially driving up its value. 

As for the platform’s token - $PLAY is currently trading for $0.00522 and can be purchased in exchange for ETH, USDT, and BNB. It can also be purchased directly through a debit or credit bank card. So far, PlayDoge’s presale has raised $5.8 million, indicating the huge investors’ interest in this project. 

Playdoge has a total token supply of 9.4 billion tokens, with 50% of these tokens available during the current presale. The game's goal is to develop a system in which players can earn prizes while also participating in community activities. The project's roadmap indicates that the platform will offer $PLAY on exchanges shortly. This makes PlayDoge one of the best cryptos to invest in during the winter bull run, and interested investors should check PlayDoge's roadmap, whitepaper, and price predictions to learn more about this project. 

Follow PlayDoge on X.

Buy PlayDoge

99Bitcoins - Innovative Learn-To-Earn Token 

Seventh on our list is 99Bitcoins, a well-known crypto educational platform with over 700,000 subscribers on its YouTube channel and over 2 million users for its crypto courses. The team is now stepping up the game by introducing rewards to active users. 99Bitcoins is more than just a cryptocurrency; it's a comprehensive educational resource for crypto enthusiasts, and its token simply seeks to give useful data and resources to support investors in making wise choices. Its focus on education and community support positions 99Bitcoins as a valuable asset, particularly for new investors looking to navigate the crypto market before the winter bull run.

Since 2013, 99Bitcoins has been the most extensive online learning resource, and this learn-to-earn platform rewards users for merely studying cryptocurrencies. New traders can take advantage of this and kill two birds with one stone by learning about cryptocurrencies whilst earning in the process. $99BTC is currently trading for $0.00115 and can be purchased in exchange for ETH, USDT, BNB, or directly through a bank card. The presale has so far raised over $2.5 million and this indicates a significant rise in investors interest. 

The $99BTC is a new cryptocurrency that is already causing a lot of buzz. Users can also join a vibrant community with like-minded individuals who are passionate about cryptocurrency. With 99Bitcoins, you are sure to say goodbye to dull lectures and textbooks and say welcome to interactive crypto learning and you can also earn $99BTC directly to your Ethereum wallet when you progress through the curriculum and actively participate in the community. By rewarding users for finishing lessons, the platform encourages users to enroll in more classes and increase their knowledge.

Moreover, users who are not interested in learning about crypto can also earn high rewards by staking their $99BTC tokens. Such users should consider staking their tokens after purchase to take advantage of the generous APY of over 500%. However, this rate will fall as more investors join the staking pool. As of the time of writing this guide, 1,590,815,658 $99BTC has been staked. 

If you want to buy tokens or understand more about the platform's vision, you are advised to read the full whitepaper. For more information and updates, you can also follow 99Bitcoins on X. The project has just announced its presale will end on August 6th, setting $99BTC up to launch shortly before the Winter bull run.

Buy 99Bitcoins

Mega Dice Token - The #1 GameFi on SOL

Last on our list is Mega Dice Token, which is a new token named $DICE that has been issued on Solana by Mega Dice, a well-known cryptocurrency casino. It combines two of the newest and most popular trends: Solana coins and GambleFi, a brand-new kind of gaming. Over 50,000 gamers and 10,000 active users participate in Mega Dice Casino every month, which offers more than 4,000 casino games, as well as more than 50 sports and eSports betting choices that make it stand out among other online casinos. 

Mega Dice Token is tailored for the online gambling industry, offering unique gaming experiences and potential rewards for its holders. The token aims to revolutionize the online gaming sector by providing a decentralized and transparent platform. With the increasing popularity of online gaming, Mega Dice Token is one of the best cryptos to buy before the winter bull run. You can also earn a 10% referral commission (with no limit) on the amount invested by someone you referred. Moreover, the casino has an exciting $2.25M airdrop, which is divided into 3 seasons. 

The Mega Dice token is currently in presale, with 35% of the total token supply of 420 million tokens available to buy at a relatively low price. The project has already raised over $1.6 million, with each token selling out for just $0.100254 at the time of writing. Similar gaming tokens have done really well, and $DICE wants to recreate their success using Mega Dice’s already successful casino. 

Solana itself is also up 40% in the past 30 days, and often cited as the best crypto to invest in for the next crypto bull run, which could benefit Solana ecosystem coins like $DICE.

Follow Mega Dice on X.

Buy Mega Dice Token

What Does A Bull Run in the Crypto Market Mean?

A bull run in the crypto market refers to a sustained period of rising prices and increased investor confidence. During a bull run, the market experiences widespread optimism, with many cryptocurrencies seeing significant price increases. This period is often characterized by higher trading volumes and increased media attention, attracting new investors and driving further growth.

During a crypto bull run, the value of crypto assets gradually climbs throughout the market cycle. This is the time in a market when investors express a strong interest in a specific asset, causing demand for that item to soar. 

Crypto Winter Bull Run Prediction 2024 - The Year Ahead

Throughout the year, the cryptocurrency market has demonstrated growing potential and resiliency, although since early June, the crypto market has been trending downward. During this period, the crypto market capitalization dropped from $2.6 trillion to $1.89 trillion before rising again to its currency value of $2.364 trillion. 

Looking ahead, as we slowly approach the end of the year, several factors could influence the market, including macroeconomic conditions and regulatory developments. The Fed rate cut probabilities will also play a crucial role in shaping the market outlook. According to the CME FedWatch Tool, the probability of a Fed rate cut by the end of 2024 is:

- 25 basis point cut: 43.8%

- 50 basis point cut: 26.2%

- 75 basis point cut: 15.6%

Moreover, here are some predictions for the crypto winter bull run in 2024:

Bitcoin’s Price Movement: Bitcoin is expected to perform well in the 2024 bull market due to the halving effect, growing institutional interest, and potential ETF approval.   

Altcoin Season: The 2024 bull run is predicted to bring an altcoin season but with a twist. Investors will likely prioritize altcoins with excellent fundamentals, interesting initiatives, and real-world applications.

DeFi Blossoms: Decentralized Finance (DeFi) is expected to grow in 2024, driven by innovation and wider user adoption. New DeFi products, interoperability solutions, and a focus on user experience are predicted to attract more users.

NFTs and the Metaverse: The marriage of NFTs and the metaverse holds immense potential for 2024 and beyond. NFTs will serve as reliable proof of ownership for virtual assets in the metaverse.

Layer 2 Solutions: Layer 2 solutions are predicted to scale for the future by processing transactions off the main blockchain, freeing up resources and allowing for faster and more affordable transactions.

Decentralized Exchanges (DEXs):  DEXs are predicted to finally connect DEX success and token value by sharing revenue with token holders and stakers, incentivizing users to contribute liquidity.

Conclusion 

In sum, the winter bull run presents a unique opportunity for crypto investors to capitalize on market trends and potential price increases. According to the crypto market cycle, historically, crypto prices tend to rise during this period, and investors should select the right crypto coins to get the highest ROI. 

By carefully selecting the right cryptocurrencies, such as the ones listed above, investors can position themselves to benefit from the seasonal bullish momentum. The Meme Games, Bitcoin, Pepe Unchained, Binance Coin, Base Dawgz, PlayDoge, 99Bitcoins, and the Mega Dice token are all good investment choices to buy before the crypto winter bull run begins.  

Yet, as always, conducting thorough research and considering market conditions before making any investment decisions is essential.

Buy The Meme Games

 

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.

Blockchain infrastructure and service provider Eversat has confirmed that it has joined exSat’s network as a data validator. The move increases the number of major players that have committed to supporting exSat through its testnet and mainnet launch to realize its goal of scaling the Bitcoin ecosystem.

Eversat’s decision to operate a data validator node will help to move exSat closer to launching with the infrastructure support it needs to run a decentralized network that can deliver reliable data for developers building Bitcoin applications.

Bitcoin Gets a Docking Layer

Described as a docking layer for Bitcoin, exSat is on a mission to expand Bitcoin’s consensus, unlocking new use cases and applications in the process. The idea is to make it easier for smart contracts to be created that draw data from Bitcoin and other chains while being hosted on infrastructure that benefits from Bitcoin’s unrivaled security.

At the heart of exSat’s bold technical stack are two core products: a Data Availability Layer and a Decentralized Indexer. These components are designed to allow Bitcoin to be seamlessly integrated with various Layer 2 solutions. exSat will form a robust platform for hosting smart contracts and complex business logic applications.

One of the ways in which exSat aims to bypass Bitcoin’s limitations is via a Data Consensus Extension Protocol that combines Proof of Work (PoW) and Proof of Stake (PoS). It’s an attempt to have the best of both worlds: the security of Bitcoin’s consensus coupled with the speed and scalability that PoS can offer.

Everstake Gets Involved 

exSat is incentivized to onboard a number of entities interested in running validator nodes, since this will strengthen its network and increase fault tolerance. It’s naturally selecting node operators based on their technical prowess and track record of successfully supporting blockchains in the past. Everstake perfectly fits the bill.

"I am especially thrilled to welcome Everstake as a validator for exSat,” enthused exSat Founder Yves La Rose. “Everstake's Founder Sergey and I have known each other for years, working together closely and sharing numerous personal and professional experiences. His leadership and Everstake's proven track record of near-perfect uptime and innovative solutions are unparalleled…Everstake's involvement will significantly enhance our efforts to build a more scalable and interoperable Bitcoin ecosystem."

Everstake specializes in institutional staking for networks such as Ethereum and Solana. It supports most of the leading PoS chains however and is blessed with a highly competent technical team with deep knowledge of the blockchain landscape. In partnering with exSat it will gain exposure to the growing Bitcoin ecosystem while helping to get the exSat mainnet off the ground.

exSat is on course to launch its mainnet later this year, but Everstake will be able to begin data validation duties immediately on the testnet. This will ensure a smooth transition when exSat launches, ushering in a new era for building scalable applications on Bitcoin.

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

Solana-based lending platform Solend rebrands to Save.finance. 

The rebranding will be coupled with the expansion of products on the platform.

A new stablecoin, liquid staking service and trading platform have launched. 

In new developments in the Solana ecosystem, Solend, a protocol and platform for lending and borrowing crypto assets, has announced its rebranding to Save Finance. The name change will see the platform introduce three new products for users including a stablecoin, a liquid staking token (LST) and an app for shorting memecoins. 

The rebrand to Save Finance follows three years of development on Solend, at a time when the Solana ecosystem is recovering since the FTX debacle, aiming to offer users a better, more efficient and broader decentralized finance (DeFi) ecosystem. Save (formerly Solend) ranks as the 13th largest lending platform in TVL, according to DeFi Llama, following a steady 38% increase in the past month, having peaked at $928 million in November 2021. 

Chart showing the total TVL of Solend (now Save Finance) since 2021 (Image: DeFi Llama)

According to the team statement, the rebranding to Save will “better reflect the project’s position within the DeFi landscape”, allowing it to offer more capabilities and a multi-purpose platform for its users. In addition, the lending protocol will also redesign its interface and enhance its UI/UX to simplify onboarding and make the platform easier to navigate.

Solend launched in 2021 with $6.5M in funding from blockchain VCs including Dragonfly Ventures, Polychain Capital, Race, Coinbase Ventures, and Solana Ventures. 

Save Finance Launches Three New Products

As part of its rebrand, Save Finance will introduce three innovative products – a stablecoin ($SUSD), a liquid staking token ($saveSOL), and an app that allows shorting memecoins (dumpy.fun). The new products aim to cater for the new wave of on-chain users entering the Solana ecosystem while providing more efficiency and utility of their platform. 

$SUSD, a decentralized stablecoin built on Solana, will allow zero-interest borrowing against $SOL. The team is working on the token’s integration with Save Finance, which will allow the stablecoin to grow quickly and safely while increasing how it can be utilized on Solana.

The second product is its liquid staking token, $saveSOL, which provides users with staked SOL tokens with more utility for their staked assets. It incorporates leveraged staking strategies that allow users to earn yield while capturing the upside to holding SOL. Additionally, the liquid staking token is expected to increase utility and unlock liquidity, giving holders more opportunities to gain exposure to SOL staking while earning boosted APYs.

Finally, the rebranding will also launch the first-of-its-kind shorting platform, dumpy.fun, which will allow users to short Solana memecoins, amidst the recent memecoin boom on the blockchain. It aims to provide a fun, user-friendly way for traders to profit from memecoins. 

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 cryptocurrency market is witnessing a significant shift as Shiba Inu (SHIB) experiences a downturn, while a new contender, Mpeppe (MPEPE), is drawing attention with its promising presale. Currently trading at $0.00107 USDT in its presale stage 2, Mpeppe (MPEPE) has already sold almost 48% of its tokens. Meanwhile, Shiba Inu (SHIB) is trading at $0.000017 with a market cap of $9.99 billion. Let's explore why Shiba Inu investors are turning to Mpeppe amid the current market dynamics.

Shiba Inu's Recent Performance

Shiba Inu (SHIB) has been in a bearish mode recently. Over the past week, Shiba Inu (SHIB) has declined by 9.90%, reflecting a broader downturn among meme coins. In the last 24 hours, SHIB has dropped by 2.63%, trading within the $0.000017 range. Despite the reduced rate, SHIB’s burn rate has surged by 482%, with approximately 60 million SHIB tokens burned in the past day. This brings the total number of burned Shiba Inu (SHIB) tokens to over 410 trillion, leaving around 583 trillion SHIB in circulation.

Factors Contributing to SHIB's Decline

Several factors are contributing to Shiba Inu's current performance. One significant issue is the misinformation regarding the upcoming token in the Shiba ecosystem, TREAT. Shiba Inu’s lead developer, Shytoshi Kusama, addressed this misinformation on X, clarifying that the token has not yet been launched.

Over the past month, Shiba Inu (SHIB) has seen a 3.57% decline, with its highest and lowest prices being $0.000019 and $0.000013, respectively. The daily trading volume has also dropped by 26.83% to $316 million, indicating reduced market activity.

Mpeppe's Rising Appeal

In contrast to Shiba Inu’s struggles, Mpeppe (MPEPE) is gaining traction. The presale success, with almost 48% of the tokens sold at a price of $0.00107 USDT, highlights strong investor confidence. Here are three reasons why Mpeppe is becoming a preferred choice for Shiba Inu investors:

1. Innovative Utility

Mpeppe (MPEPE) stands out with its innovative features and utility. Unlike traditional meme coins that rely solely on hype, Mpeppe integrates decentralized finance (DeFi) and gaming platforms. This integration allows Mpeppe to offer unique value propositions, making it more than just a meme coin. Mpeppe’s DeFi features include staking and liquidity pools, providing steady income streams for holders. Additionally, its gaming platform offers rewards for participation, attracting a broader audience and incentivizing long-term holding.

2. Strong Community Support

Mpeppe (MPEPE) benefits from robust community backing, similar to Shiba Inu (SHIB). The community-driven nature of Mpeppe is a significant factor appealing to Shiba Inu investors. The active community support is evident through various social media platforms, where discussions and promotions are actively taking place. This grassroots marketing approach creates a sense of trust and enthusiasm among investors, driving the token’s value and adoption.

3. Potential for High Returns

The current presale price of Mpeppe (MPEPE) at $0.00107 USDT presents an attractive entry point for investors seeking high returns. Given Mpeppe’s unique offerings and growing popularity, it is well-positioned to experience significant price surges. The early investment opportunity in Mpeppe allows investors to diversify their portfolios and capitalize on potential gains.

Market Sentiment and Future Outlook

The broader market sentiment towards cryptocurrencies is currently optimistic, particularly for Shiba Inu (SHIB) and Mpeppe (MPEPE). Despite SHIB’s recent decline, the increased burn rate and continued community engagement suggest potential for recovery. However, the bullish sentiment in the cryptocurrency market, driven by Bitcoin’s renewed strength, further fuels interest in Mpeppe.

Crypto analysts remain optimistic about Mpeppe’s future. Continuous development, community engagement, and presale success contribute to a positive outlook. As Mpeppe continues to attract attention, it presents an exciting opportunity for investors looking to capitalize on emerging trends in the crypto market.

Conclusion: A Promising Rival in the Meme Coin Space

Shiba Inu (SHIB) and Mpeppe (MPEPE) are both experiencing significant interest in the current market. While Shiba Inu faces challenges, Mpeppe is emerging as a strong contender with innovative features and strong community support. For investors looking to diversify and capitalize on the potential of meme coins, Mpeppe presents a compelling opportunity.

The smart contract address for Mpeppe (MPEPE) is 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B.

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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.

 

Marathon Digital Holdings has been fined $138 million for breaching a non-disclosure and non-circumvention agreement by using a proprietary growth strategy without compensating its developer, Michael Ho.

The Allegations

Marathon Digital Holdings, a major entity in the Bitcoin mining sector, has been hit with a substantial $138 million fine. This decision came after a unanimous jury verdict found the company guilty of breaching a non-disclosure and non-circumvention agreement.

Michael Ho, co-founder of US Bitcoin Corp and chief strategy officer at Hut 8, accused Marathon Digital of using a proprietary growth strategy he developed in 2020 without compensating him. This strategy focused on establishing a large-scale Bitcoin mining facility in North America.

According to court documents, Ho had entered into an agreement with Marathon in 2020 to provide proprietary information about a significant energy supplier for Marathon's mining operations. The agreement explicitly stated that Marathon would not bypass Ho by engaging directly with the supplier without proper compensation.

The Court's Decision

The lawsuit highlighted that Marathon had executed the strategy developed by Ho without offering him any remuneration for his proprietary information. 

David Affeld of Affeld England & Johnson LLP and Gregg Zucker of Foundation Law Group LLP represented Ho in the case. They stressed the importance of honoring contractual commitments. 

Affeld remarked, 

"The unanimous jury verdict for $138 million vindicates Michael Ho's efforts and expertise, and it reinforces the importance of honoring contractual obligations and respecting professional relationships." 

The verdict not only acknowledges Ho's expertise but also highlights the necessity of ethical practices in the business community.

Marathon's Current Standing

Despite the hefty financial penalty, Marathon Digital continues to be a significant player in the Bitcoin mining industry. The company, with a market capitalization of $6.77 billion, has recently doubled its operational hash rate to 26.3 exahashes per second and captured 158 blocks in June alone. 

Wall Street investors seemed relatively unfazed by the fine, as Marathon's shares (NASDAQ: MARA) fell by 3% during Monday's trading session to just under $24, remaining close to four-month highs. However, they experienced an additional 2% drop in pre-market trading on Tuesday, testing the level of $23.46.

Future Prospects

In addition to dealing with the fine, Marathon is also exploring innovative projects. The company launched a 2-megawatt pilot project in Finland’s Satakunta region. This project aims to repurpose the heat generated from digital asset computing to provide warmth to the local community, showcasing Marathon’s ongoing commitment to both innovation and expansion.

Marathon Digital's recent legal setback highlights the critical importance of upholding contractual obligations and maintaining ethical business practices, even as the company continues to make strides in the Bitcoin mining 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. 

Bitcoin (BTC) fell below the crucial $66,000 mark on Tuesday as markets prepared for a short-term correction. However, the long-term prediction for BTC and other altcoins remains bullish. Signs are pointing to investors buying the dip, but analysts believe the markets are in for a volatile week. 

In another significant development, spot Ethereum ETFs posted net inflows of $107 million on their first day. The newly launched ETFs posted positive inflows despite Grayscale’s Ethereum Trust posting outflows worth $485 million. 

Is A Short-Term Correction Coming?

Bitcoin (BTC) dropped below $66,000 as markets prepared for a short-term correction. However, looking at the bigger picture, BTC has done relatively well, growing over 6% during the past month. Despite recent declines, BTC has continued to improve, as we can see in the price chart. Open interest in BTC also reported a noticeable increase in BTC perpetual contracts (15%), adding almost $1.7 billion in new positions. These metrics, combined with an increase in the underlying value, smaller liquidations, and a positive funding rate, indicate that most market participants expect an uptick in BTC’s price. 

BTC’s marginal drop comes after Mt. Gox moved over $2.8 billion worth of the cryptocurrency into two separate wallets. According to data from Arkham Intelligence, one wallet received $340 million worth of BTC, while the second wallet received $2.5 billion worth of BTC. 

“Mt. Gox moved a total of $2.85B BTC to new wallets this morning in order to distribute 5110 BTC ($340.1M) BTC to 4 separate Bitstamp addresses.”

A week ago, cryptocurrency exchange Kraken confirmed it had received funds from the Mt. Gox trustee and would be distributing them to creditors before the end of the month. Bitstamp, another exchange that has received funds to be distributed, has stated it will also begin disbursing funds before the end of July. 

Spot Ethereum ETFs Post $107M Net Inflows On Day 1

Meanwhile, the newly launched spot Ethereum ETFs posted positive net inflows of $107 million despite Grayscale’s Ethereum Trust witnessing massive outflows of $485 million. BlackRock’s iShares ETF posted $266.5 million in inflows, Bitwise’s Ethereum ETF posted $204 million in net inflows, and Fidelity’s Ethereum Fund reported inflows of $71.3 million. These inflows were enough to counter the $484 million worth of outflows from Grayscale’s Ethereum Trust. 

Bitcoin (BTC) Price Analysis 

Bitcoin (BTC) is trading under $66,000 as defunct crypto exchange Mt. Gox began moving its latest BTC tranche. Some $2.85 billion worth of BTC were moved to a new wallet during the early hours of the Asian markets. The premier cryptocurrency had dropped to a low of $63,260 on Thursday but was able to rebound from this level. As a result, BTC registered an increase of 4.10% on Friday, pushing above $65,000 and settling at $66,652. The weekend saw BTC remain bullish as the price climbed to $67,087 on Saturday and $67,654 on Sunday to end the weekend on a positive note.

Source: TradingView

However, BTC faced significant selling pressure on Sunday, as can be seen in the price chart, resulting in a day low of $65,730. The current week began with BTC registering a marginal decline before sellers took control on Tuesday, pushing the price down by 2.52% to $65,894. The current session sees buyers and sellers vying for control as buyers attempt to push back above $66,000. The BTC price chart hints at some level of consolidation at higher levels, which means we could see a pause in the current uptrend. Buyers will attempt to hold BTC above $66,000 and look to push above $68,000 when demand picks up. Such a scenario would set BTC up for a push to $70,000 and a potential new all-time high.

Should sellers breach $66,000, we could see a drop to the 50-day SMA, but with investors buying the dip, we could see a strong rebound from this level. If the price continues to drop, it would mean sentiment has flipped, and sellers are in control. Looking at the technical indicators, the RSI is currently sitting at $59, giving BTC plenty of room to push higher.

Ethereum (ETH) Price Analysis

There has been considerable hype around Ethereum, with spot Ethereum ETFs debuting and recording $107 million worth of inflows. Trading volume also topped $1 billion, with most ETFs trading in the green. In comparison, spot Bitcoin ETFs recorded $4.5 billion in trading volume on day 1, with 600 million worth of net inflows. With the ETFs trading, analysts have predicted a modest price bump for ETH, giving it a price range between $3,740 and $4,675. So, what can we expect in the days ahead?

We could witness a small correction following the launch of Ethereum ETFs, which could send ETH towards $3,400. Maintaining this support level is crucial, with on-chain metrics such as a notable increase in staking inflows and the number of long positions, indicating that traders expect ETH to rise following the launch of spot Ethereum ETFs. ETH is trading above the 20-day SMA and 50-day SMA, indicating bullishness in the short and medium term. However, as mentioned earlier, buyers must not let sellers breach the $3,400 support, as it is crucial to maintaining ETH’s upward momentum. So far, the support has held, allowing ETH to consolidate.

Source: TradingView 

If ETH can consolidate above this level, it can push above $3,500 and target the next crucial level of resistance at $3,700. A break above this level can push ETH towards $3,800 as well. So far, ETH has been unable to stay above $3,500. After hitting $3,537 on Sunday, ETH fell back on Monday, dropping by 2.67% to $3,443. However, buyers were able to push ETH back up on Tuesday, as it rose by 1.21% to $3,484. The current session sees ETH down by just over 1% as sellers look to breach $3,400. The RSI currently sits at 59, indicating it is in a neutral zone.

Solana (SOL) Price Analysis

Solana (SOL) managed to stay above $170 despite sellers driving the price down considerably over the past couple of sessions. Whale activity has also picked up, with SOL’s 24-hour trading volume registering an increase of almost 7%. SOL had been highly bullish until the weekend but could not push above the resistance at $185. The price had registered a significant bump on Friday, rising by 6.30% to settle at $169.29. Saturday saw SOL push above $170 with a 2,32% increase, pushing it to $173.73, and a 6.20% increase on Sunday allowed SOL to climb to $184.50, just short of the resistance at $185.

Source: TradingView

However, sellers were expected to defend this level, and SOL fell back on Monday, dropping by almost 3% to $170.04. SOL continued to drop on Tuesday as sellers attempted to push it below $170. However, they were unable to do so, so SOL settled at $173. With strong support at $170, SOL is up during the current session and trading at $176.91. If buyers continue to maintain bullish momentum, SOL could test $185 again. A break above this level could open the doors for a potential move to $200. However, sellers will defend this level and look to drive SOL down to $170 or below. The RSI is currently close to the overbought zone, sitting at 62 while widening Bollinger Bands suggest SOL may face volatility in the short term.

Uniswap (UNI) Price Analysis

Uniswap (UNI) has continued to drop since climbing above $8 over the weekend as sellers look to push the price below $7.60. After dropping to $7.83 on Thursday, UNI rebounded and rose by 2% to $7.99, just shy of the $8 level. Facing strong selling pressure, UNI was able to only register a marginal increase on Saturday, allowing it to push above $8. The price faced intense selling pressure on Sunday as sellers attempted to drive UNI back below $8. However, with strong demand at lower levels, UNI was able to claw back and register an increase of 1.39% to settle at $8.12.

Source: TradingView

Sellers were able to take control on Monday and push UNI below $8. UNI eventually settled at $7.81 after a drop of almost 4%. Bearish sentiment persisted on Tuesday as well. Buyers attempted a move above $8 but were unable to do so. Sellers built momentum and pushed UNI down by another 1.27% to $7.71. The current session sees bears in control yet again as they look to drive UNIL below its support level. Should UNI drop below $7.50, we could see the price slide down to $7 before stabilizing. However, buyers are expected to defend this level, meaning UNI could spend some more time trading between $7.50 and $8.

Toncoin (TON) Price Analysis

Toncoin (TON) has registered a decline of 4.25% over the past seven days. However, despite this decline, TON has displayed the potential for a bullish rebound. TON has spent most of July trading between $7 and $7.60. TON had reached $7.62 at the beginning of the previous week but fell sharply, dropping to $7.14 by Wednesday. A recovery saw TON rise to $7.30 by Friday, but a bearish weekend meant TON fell back again, dropping to $7.17. With the crypto markets registering a significant drop on Monday, TON fell as well, reporting a 2.60% drop. This meant TON lost the crucial $7 level, with sellers pushing the price even lower on Tuesday, as it fell to $6.87.

Source: TradingView

However, strong demand at lower levels allowed buyers to push the price back up during the current session. Currently, TON is up by 1.71%, with buyers attempting to reclaim $7. Over the past couple of months, TON has been between two converging trend lines, which have acted as dynamic levels of support and resistance and have significantly influenced TON’s price movement. TON has also registered substantial growth in TVL, primarily driven by DeDust and Telegram’s over 900 million users.

Dogwifhat (WIF) Price Analysis

Dogwifhat (WIF) witnessed an incredible surge last week, and with increasing demand for meme coins, this upward trajectory could continue in the long term. Another factor that could contribute to WIF’s bull run is that it is a Solana-based meme token. With SOL targeting $200, WIF could also witness another surge. However, WIF’s current rally has hit a roadblock for now after climbing to $2.82 over the weekend. Buyers were unable to push WIF higher in the face of growing selling pressure.

Source: TradingView

As a result, the price fell back on Monday, dropping by 2.89% to $2.73. WIF continued to drop on Tuesday as selling pressure intensified, dropping by almost 7% to $2.55. However, sellers were unable to push the price below $2.50. The current session has seen WIF recover, with the price currently up by almost 4%. So, where does WIF go from here?

WIF could pick up again once the broader markets do and look to break above $2.85 and $3. A break above this level could see a move to $3.50. However, if the price reverses, sellers could retest the $2.50 level.

SEI Price Analysis

SEI has been unable to move past the resistance between $0.35 and $0.38 and faces significant selling pressure between these levels. The cryptocurrency, which had significant upward momentum during the previous week, has spent the current week in the red as sellers exert influence over the market. SEI had registered a huge jump of 10% on Friday, rising to $0.38. A further increase of 3.30% on Saturday allowed SEI to settle just shy of $0.40. Bulls attempted a push above $0.40 but were unsuccessful, as can be seen in the price chart.

Source: TradingView

With sellers defending this level, SEI faced considerable selling pressure on Sunday, dropping to a low of $0.37. However, buyers were able to push the price back up, with SEI eventually registering a drop of 0.77%. SEI witnessed significant volatility on Monday as buyers attempted to push above $0.40 while sellers attempted to drive the price lower. Sellers eventually won out, with SEI registering a drop of almost 5% on Tuesday to settle at $0.37. The current session sees SEI down by 1.34% and facing significant bearish pressure.

If SEI manages to stay above the 50-day SMA, we could see the price recover and attempt another move to $0.40. However, should sentiment remain bearish, a drop to $0.33 looks likely. We could see the price stabilize at that level with the 20-day SMA acting as support.

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.

Source: Depositphotos

As recently as a few short years ago, it would have been foolish to claim that memecoins could challenge the dominance of more traditional tech and infrastructure projects. Memecoins, after all, had no inherent utility, deriving their value instead from community support, viral marketing, and the power of shared cultural experiences.

Initially perceived by many to be a “here today, gone tomorrow” phenomenon, memecoins 

were humorous ventures that sprung to life from social media riffs and in-jokes, patently lacking even the most basic fundamentals. Despite such flaws, the asset class has confounded critics and validated supporters, becoming very much a force to be reckoned with in the global crypto landscape. 

In point of fact, it’s no longer adequate to call memecoins a trend; projects may come and go but the category as a whole, driven as it is by guerilla marketing, humor and speculative fervor, seems bulletproof.

Not Everyone is Happy About the Rise of Memecoins

As long as internet jokes, memes and cultural phenomena exist, memecoins will too. But as they have grown in popularity, these projects have also put certain noses out of joint. Distaste at their exploits is somewhat understandable, particularly when it appears that memecoins are eating the lunch of more serious projects.

Take the category’s heavy hitters, Dogecoin (DOGE) and Shiba Inu (SHIB), as an example. Both dog-themed cryptocurrencies have achieved remarkable market capitalizations, with DOGE boasting over $19.3 billion and SHIB reaching $10.2 billion. These numbers place the projects firmly within the top 20 cryptocurrencies by market cap, outperforming many blockchains and tokens with more tangible use cases and technological foundations (not to mention a longer history).

The success of the canine cryptos isn’t isolated. At present five memecoins rank among the top 50 cryptocurrencies by market capitalization. In contrast, only five projects focused on Real-World Assets (RWA), five AI and big data projects, and a single gaming project occupy a berth in the top 50. The disparity highlights a shift in investor interest and market dynamics, as well as the inability of more meaningful projects to compete with memecoins for relevance in crypto’s offbeat culture.

Because the appeal of memecoins lies in their ability to rapidly gather communities around a simple idea, joke, or symbol, they can explode like an atom bomb in the popular consciousness – or at least the hive mind of crypto – much more quickly than serious tech and infrastructure projects. Through social media, unified communities can quickly flourish, creating a self-reinforcing cycle of hype and value creation. The process differs significantly from the traditional model of tech and infrastructure projects which tend to rely on technological innovation, real-world utility, and long-term development plans to attract investors and users.

That isn’t to say memecoin success is solely attributable to users who are amused by their goofiness. On-chain data trackers have shown that they are increasingly attracting the attention of serious whale investors, the sort who can significantly influence market trends. Rising interest from such players further legitimizes memecoins in the eyes of ordinary investors while diverting capital from more established, utility-focused projects.

The Need to Compete

The implications of this trend are far-reaching. On one hand, memecoins highlight the power of community-driven value creation in the digital age, demonstrating how shared cultural experiences can translate into real economic value. On the other, they raise pertinent questions about market stability and resource allocation within the web3 ecosystem. 

The long-term impact of the memecoin phenomenon remains to be seen. Will they continue eating into the market share of more serious projects – potentially slowing the development of blockchain tech and its real-world applications? Will they serve as a gateway, introducing new participants to the broader web3 ecosystem and eventually driving interest in more substantive projects? Or will memecoins themselves go after utility to become even more attractive investment vehicles?

In light of memecoins’ continued success, it’s little wonder web3 projects – memecoin and otherwise – are placing a stronger emphasis on their marketing, liquidity provision, scaling capacity, and Token Generation Event (TGE) management. Similarly, there are platforms designed to help them get all their ducks in a row. Peanut is a good example.

Pioneers in delivering MEV (Maximal Extractable Value) solutions, Peanut’s broad range of services include TGE strategies and Fair MEV Market Making, deploying techniques like high-frequency trading, CEX and DEX MEV, arbitrage, and futures with spots. With a portfolio of over 300 token launches, the platform’s support has been invaluable to projects fine-tuning their tokenomics, smart contract development, and much more.

Competition for the crypto dollar is intensifying all the time, which trains a spotlight on platforms like Peanut that offer impactful advisory and market services to aid projects. As the web3 industry continues to evolve, it’s clear memecoins represent a significant shift in how value is created and perceived in the crypto space.

What cannot be denied is that they have changed our understanding of value creation in the digital age, forcing both investors and developers to reconsider their approaches to winning users’ (and investors’) hearts and minds. It will be up to tech, infrastructure and other serious projects to redouble their efforts if they wish to outshine the next inevitable wave of memes.

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.

 

Layer 2 privacy blockchain COTI has announced that it’s been invited to participate in the Digital Shekel Challenge, an initiative commissioned by the Bank of Israel. The project will explore the development of a national digital currency and COTI is the only blockchain to have been asked to work on the initiative.

COTI’s L2 is designed to support financial transactions including payments without revealing sensitive financial data. It thus possesses the tech and the developer know-how to solve one of the greatest challenges to implementing a Central Bank Digital Currency (CBDC).

Digital Shekel Challenge Gets the Green Light

A total of 14 teams have been onboarded to the Digital Shekel Challenge and tasked with solving the challenges that such an ambitious undertaking presents. Different teams specializing in fintech, privacy, and networking will be involved with developing use cases and determining the optimum way in which a digital shekel could be deployed. 

The nature of such a wide-ranging project demands solutions to everything from onboarding and wallet creation to payments, all while maintaining a balance between transparency and privacy. Set to commence in August, the Digital Shekel Challenge will unfold over a number of weeks before participating projects are invited to present their proposed use cases to the Bank of Israel towards the end of October.

Building a CBDC Solution With Blockchain Tech

Blockchain has long been touted as an ideal delivery mechanism for CBDCs, given its ability to provide an immutable record of wallet balances and its robust security guarantees. However, existing public blockchains are unsuited to this purpose due to the need for scalability coupled with privacy requirements. As such, any CBDC to be launched on blockchain infrastructure would necessitate a custom built chain.

While it has yet to be determined which form Israel’s digital shekel will take, or indeed whether such an initiative will proceed past a pilot, COTI will be doing its utmost to demonstrate that its blockchain tech is ideally suited to the challenge. 

In a statement, COTI CEO Shahaf Bar-Geffen said: “We’re honored to be the only blockchain invited to participate in the Digital Shekel Challenge and explore development opportunities. For CBDCs to realize their full potential, robust privacy protection is paramount. Leveraging the privacy provided by COTI’s garbled circuits technology, we’re confident we can engineer a solution that will allow the concept of a digital shekel to be transformed into a working reality.”

The benefit of COTI’s garbled circuits technology is that it is much faster than comparable solutions such as ZK proofs. As a result, it can support millions of transactions without being impaired by throughput concerns or high computational costs.

Other companies that have been invited to participate in the Digital Shekel Challenge include PayPal Israel, Team Energy, and Open Finance. The project has been inspired by Project Rosalind carried out by the BIS Innovation Hub and is sure to attract international attention, particularly from other central banks mulling the creation of their own CBDC.

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.

 

After increasing nearly $15,000 in the space of less than three weeks, Bitcoin bulls have been gathering themselves ready for that last push that will send Bitcoin back to its all-time highs and beyond. Lift-off is nigh.

Bitcoin bulls ready for last push

This is Bitcoin’s time. The entire bull market so far has been to thrust Bitcoin to this point, where the king of the cryptocurrencies is on the brink of becoming the most important currency throughout the planet.

Bears have done their best. When Bitcoin reached and surpassed its all-time high back in March this year, the bears were able to overcome the buying and force the price sideways and downwards almost to the point of no return at $53,500.

However, a huge rally from this level has taken Bitcoin all the way back to the top of its bull flag. After such a massive price surge it was only to be expected that the $BTC price would be rejected from the top of the flag once again.

Nevertheless, this short hiatus in the upward movement has served to allow the bulls to gather once again for that last push that could send Bitcoin through the top of the flag and back to the all-time highs.

$BTC price flirts with top of bull flag

Source: TradingView

In the short-term 4-hour time frame, it can be seen how the $BTC price is flirting with the top of the bull flag. After being rejected, the price is now moving within an upward sloping channel - a bounce from the bottom of which has recently been made.

Erring on the side of caution, this is a bearish pattern, and more often than not the price would be expected to exit this channel to the downside. Also, the price would normally be expected to at least test the uppermost fibonacci level of 0.236, which is at $65,000.

That said, the price is currently bouncing from the bottom of the channel, and another attempt to break the top of the bull flag could be on the cards. Also, the fact that all the short term stochastic RSI momentum indicators have just about reset is a great sign for renewed upside momentum.

Bitcoin’s time has come

Source: TradingView

Zooming out into the daily time frame, the $BTC price is revealed near the top of the bull flag. There is some discussion as to whether this is still a bull flag. Renowned trader Peter Brandt posted his view on X that the pattern is no longer a bull flag, given that it has gone on for so long.

If this is the case, the pattern is a downward-sloping channel at the very least, and if it breaks to the upside, the measured move for this would be to $82,000. 

Should the $BTC price do the expected, and break out of the channel, the all-time high of $73,800 would probably not last for long. The next move up to $100,000 (1.618 fibonacci level) would likely follow. After this, the next major level would be $150,000. Will Bitcoin get there? That’s still very much in the lap of the gods. What is becoming more apparent, is that $BTC can potentially be a world reserve currency. Bitcoin’s time has come.

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.

Polkadot's new mobile app will feature Raise's advanced payment solutions to streamline cryptocurrency transactions, offering users a seamless and secure platform for managing digital assets and making everyday purchases.

Partnership Details

The Polkadot mobile app has found its payment provider. Raise, a leading payment provider and global gift card giant, has partnered with Polkadot’s parent company, Parity Technologies, to provide the payment rails for the upcoming app. This collaboration aims to enhance the app's transaction capabilities by integrating Raise’s advanced payment solutions. Polkadot users can now expect a seamless and secure platform for managing their cryptocurrency transactions.

Integration and Benefits

Raise's sophisticated payment infrastructure will be integrated into Polkadot’s robust blockchain and decentralized finance (DeFi) ecosystem. This partnership is expected to streamline digital payments, offering faster and more efficient transactions for users worldwide. The integration will support various functionalities within the Polkadot app, including real-time transaction processing, multi-currency support, and enhanced security features.

Raise CEO Discusses Partnership

George Bousis, Founder and CEO of Raise, addressed the news, highlighting the bridging of the gap between digital and traditional finance. He also mentioned that Raise had already discussed its utility in customer transactions back in 2015 but was held back by technological constraints. 

Talking about the partnership with Parity, Bousis said, 

"The Polkadot blockchain provides the technical backing needed to finally bring our vision to life. Together, we are making it easier and more rewarding for people to use their crypto for everyday transactions. We couldn't be more excited to partner with the Parity team and we look forward to showcasing how crypto can be seamlessly integrated with retail and e-commerce going forward."

Future Plans

The Polkadot app is scheduled for release in Q3 of this year. Users will be able to utilize Raise’s white-label payments and gift card infrastructure API to make purchases at millions of stores, both online and offline, and earn 20% cash back in $DOT on every app transaction. The app will feature a more intuitive and user-friendly interface, facilitating easier management of digital assets. Across the remaining months in this tear, the partnership between the two companies will focus on taking these capabilities global by introducing over 33 countries and over 5000 brands to crypto payments.

Björn Wagner, Co-founder and CEO of Parity Technologies, expressed his admiration for Raise’s vision of integrating crypto with retail through their gift card platform. 

He remarked, 

"I am proud of all we have achieved through this integration, allowing all $DOT holders in our ecosystem to utilize their assets in traditional commercial systems. This partnership with Raise opens up an entirely new audience to traditional e-commerce and this is only the beginning of what we have planned for the future."

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 crypto world's been rocking with play-to-earn, but tap-to-earn is here to shake things up with an even easier way to earn those sweet, sweet crypto rewards. All you need is your smartphone and the Telegram app. No complicated strategies or gameplay mechanics here. 

But with popular T2E games like Pixelverse, Hamster Kombat, Notcoin, and Catizen sometimes facing overload issues, it’s a good idea to explore other options. To help you rake in some crypto riches, we’ve scoured the blockchain landscape and gathered a selection of five T2E games with serious earning potential, each with its own unique flavor of fun so let's get into this!

HashCats 

HashCats takes place in a feline-dominated world where cats reign supreme and the days of rodent (read: hamster) domination are a thing of the past. The game tasks players with building a successful mining empire, earning $HASH, the in-game currency, along the way. 

To start, players begin with a simple mining farm and must gather resources to upgrade their equipment, recruit a team of cats to aid in various tasks, and increase their HASH earnings through the game's simple yet engaging mining mechanism.

In HashCats, players have a wealth of resources at their fingertips to keep their mining empire humming. From monitoring their mining progress and earnings on the Mining Page to forming partnerships with other players and tracking their progress via the Frens Page, everything is streamlined for easy access and maximum efficiency.

HashCats' referral system lets players tap into their inner social butterfly, inviting friends to jump into the mining fray and creating and rewarding experience that’s all about having a blast with the cat clan. Not only will they expand their mining circle with like-minded feline enthusiasts, but they’ll also earn a whisker-licking percentage of their friends’ earnings - the purrfect incentive for any savvy crypto kitty!

HashCats is proving to be a resounding success with over 950,000 players joining the fray in just a matter of days, as reported in the HashCats Telegram channel.  With its hype train racing at full speed, there's no doubt that this game could be the cat's meow in the crypto game scene.

TapGoat

The recent launch of TapGoat has stirred interest in the gaming community, with over 50,000 players joining in the first four days alone. But, even though TapGoat is a fun tapping game, the team building it got its eyes on something bigger: the launch of LaunchGoat, a launchpad that helps new projects take flight. 

This could be a total game-changer for players, who could earn points by simply tapping away, completing tasks, and taking part in LaunchGoat-related activities. These points can then be traded in for tokens from the projects that LaunchGoat helps launch, creating a sweet deal for both players and projects. 

The future of TapGoat holds a certain air of mystery, and while it might be tempting to ride the wave of excitement, we must maintain our composure and consider the team's ambitious vision of reaching 20 million users. Though the TapGoat team might not have the same pedigree as other players in the game, they're striking out on their own, sailing into uncharted waters. It's a bit of a risk, but the game has some potential, and if the stars align, it could be the next big thing for players.

Wanke 

While the majority of tap-to-earn games are based on the TON blockchain, Wanke, built on Solana, is a rare gem in its category. It looks like the game's creators have struck a chord with the Solana "degenerates," hitting all the right notes for this audience subset. The game's stripped-down, laid-back gameplay and its unabashed embrace of a certain "degen" attitude is clearly appealing to the Solana crew. 

This game, which has been live in beta for over a month, revolves around farming and tapping, with Wanke, the game's mascot, bringing a chill attitude. but at a time sloppy and nonchalant attitude. Players can earn $WANKE, the game's primary currency, through airdrop vouchers and farming. 

The game's website states that the ex Hamster Kombat team is advising the project, although no official announcement has been made. After all, no amount of hype can compensate for features that don't live up to expectations or a lack of transparency. The best way to build a strong, lasting community around a game is to focus on delivering an engaging experience and letting the game's success speak for itself. In the words of the great Snoop Dogg, "Keep it 100, and keep it real."

Sweety Verse

Sweety Verse, a colorful and super cute tap game, has been gaining momentum in the crypto gaming community with 5,000 users joining since July. Being such a bright and bouncy game, Sweety Verse brings players the chance to tap-tap-tap their way to rewards, with fun and furry friends! Not only do they get to play the game, but they can also earn by referring friends, while the game has plans to introduce NFTs, fresh gameplay mechanics, and even a mobile version down the road.

The Sweety Verse team's mission is to level up players' gaming experience by helping them earn more, making sure in-game earnings are fair, and introducing fresh features, since they're there to keep the sweetness flowing.

Although Sweety Verse's adorable graphics and cuteness factor are truly impressive, with an airdrop and listing on the horizon, there is still significant room for growth. If Sweety Verse could turn up the heat with some added depth and complexity, it could reel in a wider range of players from all levels of expertise, hooking them in with its cute gameplay. This could solidify the game's position in the crypto tap game space and make it a treat for all.

Aquachilling 

AquaChilling is an engaging underwater adventure game that lets you dive deep into a world of exploration, fish care, and trade. In AquaChilling, you get to build your marine kingdom, feed and nurture your fish, and earn crypto rewards as you play and uncover endless aquatic adventures. 

Fueled by the $AQUA token, AquaChilling enables players to buy and upgrade their underwater assets, including fishes, items, and decorations, to create a thriving aquatic empire. Also, you can sell your fish for profits, or keep them to generate daily income. 

Although AquaChilling has a small but dedicated community, it has yet to see the explosive growth that some other T2E crypto games like HashCats have achieved. However, the lack of entry fees, open nature, and earning opportunities without any requirements set it apart. The future of AquaChilling could hinge on the team's capacity to develop interesting gameplay elements and more rewarding programs for players. Despite this uncertainty, AquaChilling may just be a diamond in the rough waiting to be discovered by crypto gamers.

Summary 

The rise of crypto games mirrors the explosion of NFTs - with every game that pops up, more seem to follow. But it's quality over quantity, and not every new game can cast a spell on the crypto gaming community. While this list showcases a few crypto games to keep an eye on, HashCats looks to be a purrfect blend of fun, rewards, and a passionate fanbase. We'll be keeping our whiskers tuned for updates from the HashCats team, and counting down the days until this kitty game lets loose.

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.

 

Investor interest is rapidly shifting towards Notcoin (NOT) and Mpeppe (MPEPE) as analysts predict both tokens will pump past the $0.30 mark. With market trends favoring these cryptocurrencies, it's essential to understand what sets them apart and why they are poised for significant growth.

Notcoin (NOT)'s Potential for Massive Gains

Notcoin (NOT) has been on the radar of many investors due to its innovative approach and strong community support. Its recent technological advancements and strategic partnerships have laid a solid foundation for future growth. The token's ability to adapt and evolve in the ever-changing crypto landscape has been a key factor in its potential to reach new heights.

Mpeppe (MPEPE): The Rising Star in Crypto

Mpeppe (MPEPE) stands out in the crowded crypto market with its unique integration of sports fandom and blockchain technology. By leveraging the excitement and loyalty of sports enthusiasts, Mpeppe (MPEPE) offers a multifaceted platform that appeals to a broad audience. Its incorporation of decentralized finance (DeFi) elements like yield farming and liquidity mining further enhances its utility and attractiveness to investors.

What Makes $0.30 an Achievable Target?

The combined factors of innovative features, strong community support, and market dynamics make $0.30 an achievable target for both Notcoin (NOT) and Mpeppe (MPEPE). The tokens have shown resilience and adaptability, positioning them well for substantial gains. Market analysts highlight the strategic positioning and the increasing adoption of these tokens as key drivers for their predicted surge.

Expert Opinions and Market Predictions

Experts across the crypto landscape are bullish on the future of Notcoin (NOT) and Mpeppe (MPEPE). They point to the tokens' innovative approaches and robust community backing as significant indicators of their potential to break the $0.30 barrier. Analysts emphasize the importance of continued innovation and community engagement in driving the growth of these cryptocurrencies.

The Role of Community and Innovation

Community engagement and innovation are at the heart of Notcoin (NOT) and Mpeppe (MPEPE)'s success. Both tokens have built vibrant ecosystems that encourage active participation and offer various earning opportunities through DeFi protocols. The ability to engage a younger demographic and tap into the viral nature of internet culture has been a significant advantage for Mpeppe (MPEPE).

Strategies for Investors to Capitalize on the Surge

For investors looking to capitalize on the predicted surge of Notcoin (NOT) and Mpeppe (MPEPE), diversifying portfolios and staying informed about market trends are crucial. Participating in community activities and leveraging DeFi opportunities can provide additional income streams and enhance overall returns. Timing the market and making strategic investments during bullish trends will be key to maximizing gains.

Conclusion: Preparing for the Next Big Crypto Pump

With analysts predicting that Notcoin (NOT) and Mpeppe (MPEPE) will break the $0.30 barrier, now is the time for investors to take a closer look at these promising tokens. Their innovative features, strong community support, and strategic market positioning make them prime candidates for significant growth. By embracing the opportunities presented by Notcoin (NOT) and Mpeppe (MPEPE), investors can position themselves for substantial gains in the upcoming crypto market surge.

For more information on the Mpeppe (MPEPE) Presale: 

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Viral BRC-20 token 99Bitcoins is continuing its strong presale performance, having already raised over $2.5 million from early adopters.

However, interested buyers now have a limited window to purchase this high-potential crypto coin. The project’s X account has announced that the 99BTC presale will end on August 6th at 2 PM UTC. 

🔥 Our #Presale is nearly over! 🔥Secure your $99BTC tokens now before the final price increase! 👀The presale ends on the 6th of August at 2 PM UTC. Don’t miss out! 🗓️ #99Bitcoins #BTC #Crypto pic.twitter.com/ggU70617jT

— 99Bitcoins (@99BitcoinsHQ) July 23, 2024

The token is expected to go live just a few days later, as is typical for presale cryptocurrencies. 

99BTC has all the makings of being the next big BRC-20 token, which are in high demand during this bull cycle. Unsurprisingly, popular trading experts such as Michael Wrubel - who has over 300k YouTube subscribers - are bullish on 99BBTC’s post-launch potential. Some have even called it one of the best crypto to buy now. 

BRC-20 Tokens In High Demand

BRC-20 tokens could outperform several other asset classes in the coming weeks, owing to their correlation with Bitcoin. 

Most experts agree that the Bitcoin price is far from its peak. In fact, there is a growing consensus that BTC could trade as high as $150k during this bull cycle. 

My #Bitcoin targets $150k / $220k. Tick tock! pic.twitter.com/A55yRTIeUZ

— Bitcoin Munger (@bitcoinmunger) July 21, 2024

The improving odds of a Donald Trump victory and the Federal Reserve’s upcoming interest rate cuts support this bullish thesis. The BTC price may even trade higher if the rumours regarding Bitcoin becoming a strategic reserve asset come true. 

In such as scenario, BRC-20 tokens such as ORDI, SATS and 99BTC could deliver outsized returns. It is no surprise that the ORDI price is up over 60% since hitting its local bottom earlier this month, owing to the recovery in Bitcoin. 

99Bitcoins - The Best Crypto to Buy Now?

New crypto coins typically suffer from a lack of community support. However, this is not the case with 99Bitcoins. 

After all, 99Bitcoins has been the go-to crypto educational platform over the past decade. In fact, it is older than the Ethereum blockchain itself. As a result, it has nearly 3 million subscribers across its website and YouTube. 

The new 99BTC crypto aims to turn these subscribers into token holders, making them partners in the platform’s success. If even half of these community members decide to purchase the token, it could live up to its hype of being one of the best crypto to buy now. 

After all, the token’s community-centric tokenomics means there are a plethora of reasons to hold 99BTC. With a significant 17% of the total token supply allocated towards community rewards, there is plenty in store for all token holders. 

For instance, investors can unlock exclusive training courses, access to VIP groups and even alpha trading setups and strategies. These could prove to be a game-changer, especially during a bull market. 

Furthermore, token holders can earn free crypto simply by completing the platform’s learning material, making 99BTC one of the best learn-to-earn crypto to buy now. 

If this isn’t enough, 14% of the token supply is also allocated towards staking rewards. 99BTC holders can already start to stake and earn attractive yields, currently at a reward rate of over 600%.

With its strong early demand, an established community and wide-ranging rewards, it is no surprise that experts are optimistic about 99Bitcoins’ post-launch returns. Some smart money traders have even hinted at the possibility of 100x returns. 

Buy 99BTC In Presale And Win Over $1000 In Bitcoin

The clock is now ticking for interested buyers for several reasons. 

The 99BTC presale is scheduled to end on August 6th after which the token can only be purchased on an exchange, potentially at a much higher price. Additionally, the 99BTC price is also scheduled to increase for one final time in the presale on July 30th. 

Most importantly, August 6th is also the last date for presale buyers to register for the 99Bitcoins airdrop. 99 lucky winners will be picked as part of this campaign, each of whom will receive over $1000 in Bitcoin. 

Interested buyers can visit the 99Bitcoins website and buy the token using the over-the-counter widget. They can also register for the airdrop from the website. 

Visit 99Bitcoins 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.

Layer 1 blockchains are having mixed fortunes in this crypto bull market. Where Bitcoin (BTC) and Solana (SOL) are powering higher,  certain other blockchains are still in the doldrums. $ADA and $AVAX are two of these. Can they go higher?

How many layer 1s are needed?

One question on whether layer 1 blockchain networks can be viable, is “how many do we need?”. It can be argued that layer 1s can specialise in various niches, and therefore remain valid. However, layer 1s that were developed during the last crypto bull market, or even the one before that, will arguably have old tech, and therefore, the second question is: “will they be able to cut it for super fast and cheap transactions, and the required scalability and security for tomorrow’s technology requirements?”

$ADA breaks out, but no fireworks yet

Source: TradingView

The daily chart above shows that the $ADA price has pushed through the downward-sloping trend line. However, it hasn’t really taken off, and has come back to rest on a very long time support line, which goes all the way back to February 2021. A bounce here is needed, or the price could fall through and retest the trend line.

Source: TradingView

Assuming a bounce does take place from the current price of $0.42, near term targets, according to fibonacci levels, are $0.50, $0.62, and $0.70. Inspirational targets for $ADA would be $1.11, and $1.61.

$AVAX needs to bounce here

Source: TradingView

The $AVAX price may be a better proposition than $ADA, but this remains to be determined. $AVAX has also broken its downward trend and currently the price has settled back onto the $30 support. If this support can hold, the next major resistance at $39 awaits overhead. $25 is a base line support that $AVAX bulls will not want to see the price go below.

Source: TradingView

Looking at the macro weekly chart for $AVAX, it can be seen that the price has possibly started its upward journey, but that said, it still has quite some way to go. Getting above $39 is the absolute minimum requirement for $AVAX going forward. This would hopefully see the price build upon previous price structure, ready to launch back towards the previous highs.

Do $ADA and $AVAX have enough time?

Finally, the question might be asked, that if both $ADA and $AVAX are still down near the bottom of their respective price charts, and the bull market is arguably half way through, will they be able to get themselves back to their all-time highs? More improbable than possible?

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.

Source: Depositphotos

The dYdX Foundation is looking for ways to beef up brand awareness and spread the word about the dYdX exchange platform it was founded to support. To that end, it has hired one of the most experienced crypto marketing executives around to head up its PR strategy. 

The man in question is Chris Grundy, who joins the dYdX Foundation from the blockchain intelligence firm Glassnode, where he served as Vice President of Marketing. He has spent almost a decade in the crypto industry, having first stepped into the world of digital assets way back in 2015 when he took on a similar role at Bitbond. During his crypto marketing career, he also led the EU operations of the prominent crypto exchange Coinbase, helping one of the most recognizable brands in crypto expand its presence into new European markets. 

In his new role, Grundy will head up the dYdX Foundation’s global marketing efforts, with his responsibilities extending to crafting and overseeing its brand strategy, managing its communications and engaging with the enthusiastic dYdX community. The Foundation said his appointment is a key milestone, as it represents a significant step in its efforts to grow the dYdX protocol’s ecosystem. 

The dYdX Foundation is the decentralized organization that’s tasked with overseeing, managing and nurturing the dYdX exchange platform, which is notable for being the first decentralized trading venue for crypto perpetuals, also known as derivatives, which are financial instruments that represent digital assets. 

With derivatives, traders have a way to speculate on the future price of the underlying digital asset. It’s similar to futures and options, with the difference being that derivatives do not have expiration dates on their buy and sell options, hence the name “perpetuals”. 

dYdX has grown to become one of the most recognizable DEX trading platforms in crypto, offering sophisticated tools for professional traders, with leverage of up to 25x on most synthetic assets. Having recently launched its very own blockchain in the Cosmos ecosystem, dYdX is keen to take advantage of the superior scalability and customizability its dedicated network provides, in order to expand its user base. That’s precisely why Grundy’s expertise is needed.  

During his tenure at Glassnode, Grundy demonstrated his marketing nous by developing and executing a variety of data-driven campaigns that led to significantly improved user engagement and growth. At Coinbase, he was instrumental in that platform’s international growth and assisted in the launch of various sub-brands. 

dYdX Foundation CEO Charles d’Haussy said he’s thrilled to work with Grundy, adding that his proven track record in marketing innovation makes him the “ideal person” to ramp up its marketing strategy and grow its community. 

Grundy added that he’s equally excited about joining dYdX, which has emerged “at the forefront of innovation in the DeFi space.”

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 cryptocurrency market has been a rollercoaster ride in 2023, but as we move towards 2024, two tokens are catching the eyes of investors: Solana (SOL) and Mpeppe (MPEPE). Both are predicted to skyrocket by 300x in 2024, presenting potentially lucrative opportunities for investors. Let's dive into what makes these tokens stand out and why they are poised for significant growth.

Solana's (SOL) Impressive Performance

Solana (SOL) has shown an impressive year-to-date (YTD) performance, rising by an astonishing 607%. Currently trading around $185, Solana's (SOL) recent gains can be attributed to several factors, including increased transactional activity on its network and positive sentiment around regulatory changes.

Key Drivers of Growth

Increased Transactional Activity: The Solana (SOL) ecosystem is experiencing robust growth, evidenced by rising decentralized exchange (DEX) activity, increased daily active users, and growing fee accrual to the network. According to Pat Doyle, a blockchain researcher at Amberdata, these fundamentals, coupled with positive market sentiment, are pushing Solana (SOL) forward.

Total Value Locked (TVL): Data from DeFiLlama shows that Solana's TVL has increased by over 25% in a month, reaching $5.28 billion. This increase signals higher trust among traders and greater utility of the network.

Regulatory Environment: Expectations of a possible Solana ETF and easing regulatory policies under a potentially crypto-friendly Trump administration have boosted Solana's (SOL) appeal. An ETF could attract more institutional investors, driving up the price further.

Future Projections

Analysts believe that Solana (SOL) could continue its upward trajectory, potentially reaching $200 and beyond if the current conditions persist. The network's fast settlement speeds and low fees make it an attractive option for traders, and the growing activity and new address count further support a bullish outlook.

Mpeppe (MPEPE) - The Rising Star

Mpeppe (MPEPE) is currently in its Stage 2 presale, trading at $0.00107 USDT, with almost 44% of its tokens already sold. This strong presale performance indicates significant investor interest and confidence in the token's potential.

Unique Features and Utility

DeFi Integration: Mpeppe (MPEPE) stands out due to its integration with decentralized finance (DeFi) platforms. This integration offers unique value propositions beyond being just a meme coin, enhancing its utility and appeal to a broader audience.

Gaming Platforms: Mpeppe (MPEPE) also integrates with gaming platforms, providing various earning opportunities for users. These include staking and participation in DeFi liquidity pools, offering steady income streams and incentivizing long-term holding.

Strong Community Support: Like Solana (SOL), Mpeppe (MPEPE) benefits from robust community support. Its strategic presale and innovative features have attracted a diverse and engaged investor base, including significant interest from Shiba Inu (SHIB) investors.

Strategic Market Positioning

Mpeppe (MPEPE) has strategically positioned itself to capitalize on the growing interest in utility-driven cryptocurrencies. The combination of DeFi and gaming integrations makes it a compelling investment opportunity.

The smart contract address for Mpeppe (MPEPE) is 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B.

Why Both Tokens Could Skyrocket

The overall market sentiment is bullish, especially with the potential changes in the U.S. regulatory environment. As major cryptocurrencies like Bitcoin and Ethereum perform well, tokens like Solana (SOL) and Mpeppe could benefit from increased interest and investment.

Innovation and Utility

Both Solana (SOL) and Mpeppe (MPEPE) offer unique value propositions. Solana's fast transaction speeds and low fees, combined with its growing ecosystem, make it a strong contender. Meanwhile, Mpeppe's integration with DeFi and gaming platforms sets it apart from other meme coins, providing real-world utility and multiple earning opportunities.

Community and Investor Support

Strong community and investor support are crucial for the success of any cryptocurrency. Both Solana (SOL) and Mpeppe (MPEPE) have managed to build robust communities that believe in their potential. This support is essential for driving adoption and long-term growth.

Conclusion

As we look towards 2024, Solana (SOL) and Mpeppe (MPEPE) stand out as two tokens with significant growth potential. Solana's (SOL) impressive performance and solid fundamentals, combined with Mpeppe’s (MPEPE) innovative features and strong presale performance, make them compelling investment opportunities. Investors looking to diversify their portfolios and capitalize on the next big crypto trends should consider adding these tokens to their holdings.

With favorable market conditions and strategic positioning, both Solana (SOL) and Mpeppe (MPEPE) are poised to potentially skyrocket by 300x in the coming year. Don't miss out on the opportunity to be part of this exciting journey.

For more information on the Mpeppe (MPEPE) Presale: 

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Real-world assets (RWAs) represent an array of physical assets like real estate, artwork, precious metals, commodities, intellectual properties, and more. Tokenizing these assets on the blockchain unlocks new possibilities for liquidity, transparency, and accessibility. 

OriginTrail harnesses the power of the OriginTrail Decentralized Knowledge Graph to extend discoverability and verifiability, bringing greater value for interconnected Web3 assets to Polkadot. 

The World’s First Decentralized Knowledge Graph 

OriginTrail is already in use in an array of industries, powering trusted data exchange. Users also include a number of Fortune 500 companies. OriginTrail’s ability to organize billions of assets for Web3 enables the discovery and verification of nearly every type of asset, including physical and digital assets, DeFi, and NFTs. It allows users to turn real-world assets such as food, luxury items, food, art, and even property into Web3-native assets. It also makes them discoverable, enables verification, and makes their ownership transferable. 

OriginTrail uses blockchain and a Decentralized Knowledge Graph (DKG) technology to manage data from and about real-world assets in the digital space and help improve the discoverability of shared knowledge. The platform was originally created to bring blockchain technology into supply chain logistics. The idea was to make OriginTrail a trusted hub for supply chains and allow customers to authenticate products, share data, track products, and keep operations secure. OriginTrail also addresses problems such as misinformation by ensuring the origin of all information for its users. It is being used in partnerships with leading global entities from various industries, such as food & beverage, pharmaceuticals, retail, railways, and more. 

OriginTrail consists of two layers: Layer1, which is made up of a blockchain, and Layer2, which is a Decentralized Knowledge Graph (DKG). This can theoretically take blockchain technology’s trustless and verifiable nature and add a DKG representation of data in a complex yet functional system. 

How Does The OriginTrail Parachain Work? 

The OriginTrail Parachain was envisaged as a purpose-built Layer1 and brings a formidable capacity to incentivize the use and growth of DKG without sacrificing decentralization and network effects through interoperability with other parachains. The parachain is designed to integrate smoothly with the OriginTrail DKG and is optimized for maximum performance and usability. It leverages Polkadot’s strong trust model and inherent interoperability to facilitate smooth integration with other Polkadot ecosystem projects. 

The OriginTrail Parachain has several unique features designed to support the OriginTrail DKG. These include 

Integration with knowledge graph technology

DKG usage growth incentivization using the OTP token

EVM support to integrate with smart contracts and projects

Governance features 

Significant improvement in scalability. 

The advancements brought by the OriginTrail Parachain will drive use cases, allowing real-world assets such as cars, luxury items, art, property, and other commodities to be turned into Web3-native assets. It will also give real-world assets exposure to the Web3 ecosystem and concepts. Thanks to Polkadot’s interoperability across parachains, OriginTrail-introduced real-world assets can tap into all of the toolkits available in the Polkadot ecosystem.

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.

Web3 infrastructure provider HashKey Cloud has partnered with exSat to become a Data Validator on the exSat testnet. The arrangement will also see HashKey Cloud maintain this role once the exSat mainnet goes live.

exSat is developing a docking layer for scaling Bitcoin. With institutional adoption of BTC ramping up, exSat is on a mission to create the infrastructure that will allow a scalable Bitcoin ecosystem to flourish. HashKey Cloud will play a role in realizing this goal by providing the infra necessary to launch a robust and decentralized network that will support a host of use cases.

Bringing Ethereum Capabilities to Bitcoin

In the last two years, investment has poured into Bitcoin as developers have discovered new ways in which to leverage its unrivaled security and network effects. This has necessitated creating new protocols for hosting dapps and supporting smart contracts that overcome the limitations to Bitcoin’s base layer architecture. Bitcoin, of course, wasn’t designed to be a smart contract network, but where there’s a will there’s a way as innovative developers such as exSat are now demonstrating.

Most of the innovation now occurring within the Bitcoin ecosystem is taking place on L2s that draw their security from the main chain and allow BTC to be bridged both ways. exSat, with the support of partners such as HashKey Cloud, is at the vanguard of this moment. Its primary goals include extending Bitcoin's data consensus through a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS). It’s also creating a decentralized state data indexing solution that will make it easier to operate smart contracts.

Explaining the rationale behind onboarding HashKey Capital, exSat Founder Yves La Rose said: “Their unmatched expertise and dedication to regulatory excellence significantly bolster our mission to enhance Bitcoin's scalability and interoperability. This collaboration not only fortifies our network but also sets a new benchmark for innovation and security in the Bitcoin ecosystem.”

Not only does the partnership provide exSat with the infrastructure its ambitious Bitcoin scaling solution requires, but it’s a statement of intent that is likely to compel other infra providers to follow suit.

HashKey to Provide Data Synchronization

One of the primary services HashKey Capital will provide concerns data synchronization. It’s been tasked with aiding in the synchronization of the first 840,000 Bitcoin blocks that will form the basic consensus for exSat’s protocol. This will lay the groundwork for all subsequent network operations.

exSat has certainly chosen the right partner to assist with bootstrapping its network. HashKey’s reputation as a leader in blockchain node validation services is unrivaled, having supported more than 80 public chains to date. The company forms part of the HashKey Group, an Asian powerhouse that incorporates an OTC desk, venture fund, and exchange. HashKey’s decision to partner with exSat will provide the technical support required to launch the network while helping to raise awareness of its Bitcoin scaling solution.

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 cryptocurrency market continues to evolve, investors are constantly on the lookout for new opportunities to maximize their gains. Recently, a prominent Pepecoin (PEPE) whale made headlines by leveraging their year-to-date (YTD) profits to acquire a significant amount of Mpeppe (MPEPE) tokens during its presale phase. Mpeppe (MPEPE) is currently trading at $0.00107 USDT in its Stage 2 presale, with almost 44% of the tokens already sold. This strategic move by a Pepecoin (PEPE) whale underscores the growing interest and potential of Mpeppe (MPEPE) in the crypto space.

The Rise of Mpeppe (MPEPE)

Mpeppe (MPEPE) is quickly becoming a notable player in the cryptocurrency market, attracting attention from investors and enthusiasts alike. The token's presale success is a testament to its potential, with nearly half of the available tokens sold in the current phase. Here’s why Mpeppe (MPEPE) is gaining traction:

Innovative Features and Utility: Mpeppe (MPEPE) stands out due to its integration of decentralized finance (DeFi) elements such as staking and liquidity mining. These features provide holders with multiple avenues to earn rewards and generate income, making it an attractive option for long-term investment.

Strong Community Support: The success of any cryptocurrency often hinges on the strength and engagement of its community. Mpeppe (MPEPE) has managed to build a robust and active community, which plays a crucial role in driving its adoption and market presence.

Strategic Market Positioning: By positioning itself as a meme coin with practical use cases, Mpeppe (MPEPE) has managed to capture the interest of a diverse group of investors, including those who are traditionally drawn to more established cryptocurrencies.

Pepecoin (PEPE): A Strong Performance in 2024

Pepecoin (PEPE) has had an impressive run in 2024, delivering substantial returns to its investors. The meme coin has capitalized on its viral nature and community-driven growth to achieve significant milestones. Key highlights of Pepecoin’s (PEPE) performance include:

Market Capitalization: Pepecoin (PEPE) has achieved a notable market cap, reflecting its widespread acceptance and popularity among investors.

Trading Volume: The token has seen a substantial increase in trading volume, indicating a high level of interest and activity within the market.

Community and Institutional Interest: The backing of a strong community, coupled with interest from institutional investors, has bolstered Pepecoin’s (PEPE) market position.

The Strategic Move by a Pepecoin (PEPE) Whale

The decision by a Pepecoin (PEPE) whale to invest YTD profits into Mpeppe (MPEPE) is a strategic move that highlights the growing confidence in Mpeppe’s (MPEPE) potential. Here are some reasons behind this investment decision:

Diversification: By investing in Mpeppe (MPEPE), the whale is diversifying their portfolio, which is a prudent strategy in the volatile crypto market. Diversification helps mitigate risks and enhances the potential for overall portfolio growth.

Early Adoption Advantage: Investing in Mpeppe (MPEPE) during its presale phase allows the whale to acquire tokens at a lower price, positioning them for significant gains as the token appreciates in value.

Innovative Potential: Mpeppe’s (MPEPE) innovative features and strategic market positioning make it a compelling investment opportunity. The whale’s decision reflects a belief in Mpeppe’s (MPEPE) ability to deliver strong returns in the future.

The Opportunity to Become Rich with Meme Coins in 2024

The meme coin market offers a unique opportunity for investors to potentially amass significant wealth in 2024. Here’s why investing in meme coins like Pepecoin (PEPE) and Mpeppe (MPEPE) could be lucrative:

High Volatility and Potential Returns: Meme coins are known for their high volatility, which, while risky, also offers the potential for substantial returns. Early investors in meme coins can see exponential gains.

Community-Driven Growth: Meme coins thrive on community support. The larger and more active the community, the higher the potential for the coin’s value to increase. Both Pepecoin (PEPE) and Mpeppe (MPEPE) have strong community backing.

Innovative Use Cases: While meme coins often start as jokes, many develop unique use cases that add value. Mpeppe (MPEPE)’s integration with DeFi and gaming platforms is a prime example of how these coins can evolve.

Conclusion: MPEPE Is The Right Choice 

In conclusion, both Pepecoin (PEPE) and Mpeppe (MPEPE) present exciting opportunities for investors in the meme coin market. While Pepecoin (PEPE) has demonstrated significant growth and investor confidence, Mpeppe (MPEPE) is emerging as a strong competitor with its innovative features and successful presale. As 2024 unfolds, now is the perfect time to consider adding Mpeppe (MPEPE) to your portfolio and capitalize on the potential for substantial gains.

The smart contract address for Mpeppe (MPEPE) is 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B. Don’t miss out on this opportunity to invest in a promising meme coin poised for explosive growth.

For more information on the Mpeppe (MPEPE) Presale: 

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The cryptocurrency market has been buzzing with activity recently, with both Dogecoin (DOGE) and Mpeppe (MPEPE) making significant strides. As Mpeppe (MPEPE) continues to gain traction in its presale stage, Dogecoin (DOGE) is experiencing a surge that has analysts predicting a strong upward trend. Let’s delve into the recent price action of these two intriguing cryptocurrencies and explore their future potential.

Dogecoin (DOGE) Recent Price Action

Dogecoin (DOGE), often seen as the poster child of meme coins, has been on a bullish run lately. As of the latest data, DOGE is trading at approximately $0.1386, having hit an intra-day high of $0.1422 on July 22. This represents a significant milestone as it marks the highest level for Dogecoin (DOGE) in a month. This recent rally has also resulted in a 19% increase in open interest, indicating heightened trader activity and speculation.

The bullish outlook for Dogecoin is influenced by several factors, including the overall positive trend in the cryptocurrency market, which has been buoyed by Bitcoin’s renewed strength. Additionally, political developments, such as Joe Biden's decision not to seek re-election, have increased the likelihood of a pro-crypto candidate like Donald Trump gaining traction in the upcoming U.S. Presidential election. This political shift has contributed to the positive sentiment surrounding Dogecoin.

Dogecoin (DOGE) Price Prediction

Analysts are optimistic about Dogecoin’s (DOGE) future, with some predicting a potential 66% surge. The recent bullish trend is supported by a variety of technical indicators:

Relative Strength Index (RSI): Currently at 63.04, indicating strong buying pressure.

50-day Exponential Moving Average (EMA): Standing at $0.13056, showing that the current trend is supported by this moving average.

Support and Resistance Levels: Immediate resistance is observed at $0.14364, with subsequent levels at $0.14830 and $0.15253. Immediate support is found at $0.1360, followed by additional support at $0.13012 and $0.12579.

The overall market sentiment has shifted from “extreme fear” to “greed,” reflecting growing optimism. Despite the recent gains, traders should remain cautious due to Dogecoin’s well-known volatility. If Dogecoin can maintain its momentum and stay above the $0.1360 support level, it could continue to rally towards higher resistance levels.

Mpeppe (MPEPE) Presale Progress

While Dogecoin (DOGE) continues to capture headlines, Mpeppe (MPEPE) is making waves in its own right. Mpeppe (MPEPE) is currently in Stage 2 of its presale, trading at $0.00107 USDT, with nearly 44% of the tokens already sold in this phase. The presale has attracted significant attention, particularly from investors looking for new opportunities in the crypto space.

Mpeppe (MPEPE) Future Potential

Mpeppe (MPEPE) offers a unique proposition in the crowded cryptocurrency market. Its presale success is indicative of strong investor interest and confidence in the project's potential. Here are a few reasons why MPEPE could be a standout performer:

Utility and Innovation: Mpeppe (MPEPE) integrates decentralized finance (DeFi) and gaming platforms, offering unique use cases that enhance its appeal. This integration is expected to attract a diverse range of users and investors.

Strong Community Support: Like Dogecoin, Mpeppe benefits from a robust community. The presale has seen significant participation, indicating strong backing from the crypto community.

Earning Opportunities: Mpeppe (MPEPE) provides various earning opportunities through staking and DeFi liquidity pools. These mechanisms offer steady income streams and incentivize long-term holding, enhancing the token's stability and growth potential.

Price Predictions for Dogecoin (DOGE) and Mpeppe (MPEPE)

The future looks promising for both Dogecoin and Mpeppe (MPEPE):

Dogecoin (DOGE): If the bullish trend continues, Dogecoin (DOGE) could see a significant rally. Analysts predict that breaking the resistance around $0.1435 could lead to further gains, potentially pushing the price towards $0.20 and beyond, especially if political and market conditions remain favorable.

Mpeppe (MPEPE): As the presale progresses and the project gains more traction, MPEPE is expected to see substantial growth. Given its innovative approach and strong community support, MPEPE could see its value rise significantly once it hits the broader market.

Conclusion

In conclusion, both Dogecoin (DOGE) and Mpeppe (MPEPE) present exciting opportunities for investors. Dogecoin’s (DOGE) recent price surge and bullish indicators suggest potential for further gains, while Mpeppe’s successful presale and innovative use cases position it as a promising contender in the crypto market. As always, investors should conduct their own research and consider the inherent risks before making investment decisions.

The smart contract address for Mpeppe (MPEPE) is 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B. Don’t miss out on this opportunity to invest in a promising meme coin poised for explosive growth.

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