Cardano Prepares For A Big Move As Whales Shift $3 Billion! Here’s The Next ADA Price Level
Cardano’s ADA has witnessed a downward trajectory for the past week, with buyers unable to turn the trend. As Bitcoin struggles to maintain its momentum above $26K, leading altcoins, including Cardano, are feeling the pressure, leading to a bearish outlook among traders. Yet, hope emerges as there’s a surge in large transactions near ADA’s price drop, hinting at potential accumulation and an upcoming big move.
Whales Are Bullish Amid ADA’s Price Dip
Whales often see a dip in trending altcoins as a profitable chance to hop in. Consequently, they amass massive quantities of the altcoin, generating buying momentum on the chart, which can lead to a price surge. Cardano is currently in such a scenario.
Data from IntoTheBlock indicates a significant increase in large transactions on September 25th. The figures show that whales shifted close to $3 billion, with the metric rising from $4.7 billion to $7.4 billion. Interestingly, this activity emerged following ADA’s price drop to a low of $0.24. This seemed to be an accumulation as it created a strong support level for ADA price, preventing it from dropping further.
However, there remains a bearish undertone as the Open Interest (OI) metric has seen a significant decline over the past week, plummeting by more than $8 million. This indicates a declining interest in ADA’s trading, given its inability to induce notable price volatility.
With Cardano’s volatility dropping to 24.3%, potential buyers might be deterred. Additionally, the long/short ratio for Cardano has been trending negatively. The current ratio stands at 0.76, with 56.5% of positions leaning towards short-traders. Conversely, bullish traders hold 43.5% in long positions, eliminating the upward momentum for ADA’s price. This could lead to increased selling pressure at resistance points.
What’s Next For ADA Price?
Cardano’s ADA recently touched a crucial support level at $0.24, suggesting that bearish momentum continues to dominate the altcoin. However, buyers are aggressively defending an immediate decline as the ADA price reversed its trend from the dip, suggesting buying demand near lower levels. As of writing, Cardano price trades at $0.2454, surging over 0.5% in the last 24 hours.
Currently, there’s a glimmer of hope for the bulls as the RSI displays a bullish divergence below the midline. For a positive shift, the bulls need to push the ADA price past the descending trendline quickly. Achieving this could invalidate a bearish possibility, potentially sending the price to $0.28.
Conversely, if the bears pull ADA’s price below $0.23, it will solidify the short positions. This could lead to a decline towards $0.22 and possibly even to a target of $0.189.
Ripple’s Big Crypto Push: Is a Major eCommerce Transformation Coming?
Ripple‘s strategic focus on e-commerce is aligned with CEO Brad Garlinghouse’s mission to collaborate with U.S. Congress members in shaping crypto bills. Recently, Brad Chase, Ripple’s head of liquidity products, emphasized the company’s strong bet on e-commerce amid the evolving regulatory landscape.
He pointed to the rising institutional adoption of blockchain and crypto technologies, foreseeing a potential market surge to $250 billion by 2030, with an impressive CAGR of 54.5%. This surge hints at a transformative shift in global value exchange dynamics.
Ripple’s E-Commerce Transformation
In a new interview, Chase highlighted Ripple’s transformation role, mainly through products like Liquidity Hub, tailored to facilitate seamless crypto payments for enterprises. He underscored the critical importance of interoperability and liquidity in streamlining crypto transactions, envisioning a future where value transfer is as effortless as sending an email.
This vision opens doors to new possibilities for business and innovation.
Key Advantages of the Liquidity Hub
Ripple’s ultimate vision is to see every online retailer integrate its cryptocurrency system. A round-the-clock operational system will also give them appealing tools to boost online shopping and commercial transactions. While XRP is not yet included in the Ripple Liquidity Hub, Ripple has added Tether (USDT) and USD Coin (USDC), two of the most popular stablecoins.
Online retailers and marketplaces are increasingly recognizing the distinct advantages of cryptocurrencies, giving rise to a novel era in e-commerce. Chase focused on the considerable potential for establishing robust crypto standards for e-commerce and merchant payments.
Read More: Ripple’s Strategic Vision for XRP: Global Liquidity Tool in the Making
Operational benefits and beyond…
However, the benefits are more than just customer-centric. They have significant operational value in play. E-commerce stakeholders stand to gain enhanced payment flow efficiency and reduced operating and settlement costs.
This is not all; crypto payments bring forth additional advantages. Ripple introduced technologies like the Liquidity Hub to facilitate the adoption of digital assets. Chase highlighted how businesses can smoothly transition to crypto payments using these tools without the need for deep technical expertise. The Liquidity Hub stands out as an epitome for businesses, optimizing cryptocurrency liquidity.
Connecting Businesses Globally
Moreover, it connects businesses to an extensive global payment network. The demand for the hub is palpable, with numerous clients now turning to Ripple for real-time Bitcoin (BTC) requirements. The reach of Liquidity Hub continues to expand, offering access in regions like Brazil, Australia, and specific parts of the U.S.
Also Read: Ripple Rises Among Big Tech Titans: Earns Spot on Fortune’s Best Workplaces List
Will Ripple’s one-of-a-kind project gain traction in the market? Only time will tell.
Ripple Rises Among Big Tech Titans: Earns Spot on Fortune’s Best Workplaces List
Ripple, the innovative blockchain company, has achieved something truly remarkable. As it has secured a well-deserved spot on Fortune’s prestigious Best Workplaces in Technology for 2023 list. However, this recognition is more than just corporate prestige; it serves as a testament to Ripple’s dedication to fostering a positive and employee-centric work culture.
Ripple Earns a Spot Among the Top 15 Tech Giants
Ripple’s recent legal victory against the U.S. Securities and Exchange Commission has positioned them alongside tech giants like Cisco, Nvidia, and Adobe. It has garnered the 13th position in the category specifically dedicated to small and medium-sized enterprises, falling just behind PagerDuty, a prominent cloud computing firm.
To achieve this esteemed rank, Ripple demonstrated excellence across various critical aspects, including employee satisfaction, organizational culture, and an unwavering commitment to diversity, equity, and inclusion (DEI).
At the heart of Ripple’s success is its people-first approach, which goes beyond being merely a slogan. It is ingrained deeply in their philosophy and seamlessly integrated into everyday work life. This creates an environment where employees not only feel valued but also empowered and supported.
The list also highlights some remarkable tech firms, namely Invoca, WorkRamp, and FloQast. This emphasizes an important point: a strong corporate culture and high employee satisfaction are not limited to large corporations.
How Ripple and Tech Titans Prioritize Employee Happiness”
Small and medium-sized enterprises, including Ripple, demonstrate their ability to create exceptional workplaces. In the domain of large corporations, Cisco leads the way, trailed by Nvidia, Atlassian, and Salesforce.
These notable industry leaders are renowned for their steadfast dedication to ensuring the well-being of their employees, demonstrating resilient leadership skills, and cultivating exceptional corporate cultures.
Adobe, a notable name on the list, is acknowledged for its exceptional workplace culture and the ability to maintain employee satisfaction in the long run. Including Ripple among these esteemed tech luminaries emphasizes their unwavering commitment to excellence.
This achievement not only signifies a significant milestone for the company but also exemplifies its unwavering commitment to its employees and steadfast adherence to its core values.
Pantera Capital Bets Big on Mid-Stage Crypto Firms and Invests in Brine
Investment firm – Pantera Capital has announced its intention to increase venture capital exposure to mid-stage cryptocurrency firms. While many investors are rushing toward the booming field of artificial intelligence, Pantera is sticking with crypto.
AI vs Crypto
Right now, artificial intelligence companies are the darlings of the investment world, leaving crypto in the dust. “The artificial intelligence space has dominated conversations and captivated investors,” said Paul Veradittakit, Pantera’s Managing Partner. Funding data from PitchBook echoes Veradittakit’s sentiments—crypto venture funding sunk to its lowest levels since 2020 in Q2 this year.
Investing Outside the U.S.
While it might seem like the crypto world is spiraling, Pantera sees opportunity—especially outside the U.S. “A large part of our investible universe is currently outside the U.S.,” notes Veradittakit. Pantera’s Managing Partner is optimistic about the potential for mid-stage investments, even as valuations for series B and C rounds have declined more steeply than early-stage investments.
Asia offers not only a large retail user base but also a regulatory environment that seems increasingly crypto-friendly. “We’re seeing digital-asset businesses looking toward Asia for growth and regulatory stability,” said Veradittakit, who recently spoke at a conference in Singapore.
Regulatory Unclarity in the U.S.
Back home, the U.S. government can’t seem to make up its mind about crypto. This has created a messy situation that’s hard to navigate. Government agencies like the Securities and Exchange Commission are getting more aggressive, yet it’s still not clear what the rules are or will be.
The Real Deal: Investing in Brine
Pantera has led a $16.5 million Series A funding round for Brine Finance. Brine is unique because it allows for more direct trading between buyers and sellers and keeps trading details private until deals are closed. It’s a ZK-powered decentralized order book exchange that aims to compete with titans of centralized trading platforms.
“The technology behind Brine—developed by StarkWare—uses zero-knowledge proofs to keep trades private until executed. This prevents frontrunning, offers low fees, and makes it easier for institutions to transition.” – Pantera Capital Blog
The Black Swan in the Room
At a Bloomberg Invest conference, Dan Morehead, Founder & Managing Partner at Pantera, was asked about unexpected risks.
His response was rather prescient: “Regulatory clarity is the one thing nobody’s expecting.” With recent rulings involving XRP and Grayscale, he might be onto something.
Pantera Capital is making a bet. A bet that its new focus on mid-level crypto companies will pay off, even as the future remains uncertain. Let us wait and see whether this gamble brings big returns, or is Pantera headed for a fall!
Big Bank Enters the Crypto Game: JPMorgan Launches Blockchain-Based Deposit Token
The Bitcoin price has a long history of responding to changes in the banking industry. A recent development on September 8th suggests that JPMorgan, a prominent financial institution, is preparing to make a significant impact on digital finance. According to a recent Bloomberg report, the bank is on the verge of completing a groundbreaking blockchain-based deposit token, pending approval from U.S. regulators.
Finally Blockchain in Banking: A New Start!
In contrast to stablecoins issued by non-bank entities, JPMorgan’s new token will be introduced by a traditional depository institution. This token will complement JPM Coin, which is currently limited to transactions within the bank itself. However, the new token will enable transactions not only within JPMorgan but also with other financial institutions, particularly for settlements involving tokenized securities.
Done and Dusted!
Following a successful pilot project with the Monetary Authority of Singapore last year, this breakthrough demonstrates substantial progress. The token, like JPM Coin, will enforce strict compliance, including thorough customer verification and anti-fraud measures. JPMorgan’s foray into blockchain-based deposit tokens is a significant milestone, not just for the bank, but for the wider financial industry. Subject to regulatory approval, this innovation stands to revolutionize cross-border transactions.
“The past few years have been a tipping point for institutional DeFi, where even the largest banks are adopting this technology,” said Monica Long, President of Ripple.
JP Morgan’s new system alongside the existing XRP payment system has raised questions. Some believe it may be impacted by regulatory issues, allowing the SEC to allow new crypto players while retaining Ripple.
Also Read: JPMorgan: Spot Bitcoin ETFs Won’t Live Up to the Hype; Here’s Why
Crypto to Get A Boost
Historically, crises in the banking sector have had a positive impact on most cryptocurrencies. These crises tend to bolster confidence in digital assets, as investors explore stablecoins as alternative investments. The encouraging news is that institutions like JPMorgan opening the doors to blockchain technology will likely bolster the crypto market. As an example, Bitcoin experienced a surge from $27,000 to over $28,000 on March 19 due to an issue involving Credit Suisse.
Bitcoin’s Big Day: October 17th and BlackRock’s ETF Proposal – What to Expect?
October 17th is not just another Tuesday; it marks a potentially historic moment that could reshape the cryptocurrency landscape for generations to come. On this day, the U.S. Securities and Exchange Commission (SEC) is set to render a crucial decision on several Spot Bitcoin ETF applications, with BlackRock’s proposal stealing the spotlight.
BlackRock & Bitcoin: The Dynamic Duo You Never Knew You Needed
Why is BlackRock’s proposal so significant? This isn’t the endeavor of a fledgling startup; it’s the brainchild of the world’s largest asset manager, a heavyweight champion boasting a remarkable 99.8% ETF approval rate. BlackRock’s CEO, Larry Fink, has displayed a growing affinity for Bitcoin, likening it to “digital gold.”
What adds a compelling dimension to this development is Bitcoin’s potential as an Environmental, Social, and Governance (ESG) asset. Michael Saylor, a staunch Bitcoin advocate, may have successfully pitched Bitcoin to Fink as the ultimate ESG investment. ESG represents the trio of factors—Environmental, Social, and Governance—guiding responsible investments in our modern age. Could Bitcoin emerge as the poster child for a new, ethical financial world?
Now, let’s layer on another intriguing element: next year, Bitcoin’s supply issuance is set to be halved. For seasoned crypto enthusiasts, this signals a supply squeeze, a phenomenon that, when coupled with increased institutional interest, transcends the mere notion of a bull run—it becomes a stampede. The approval of BlackRock’s proposal has the potential to unleash a FOMO (Fear of Missing Out) frenzy of unprecedented proportions.
However, BlackRock is not the sole entity venturing up this uphill path. Financial giants like Fidelity and Vanguard are also awaiting their Bitcoin ETF approvals. A nod from the SEC to BlackRock could very well set off a chain reaction of approvals, fundamentally reshaping the cryptocurrency industry.
Analysts are already tossing around substantial figures, with phrases like “Bitcoin to $100,000” echoing through the crypto space. Yet, this is more than just achieving a price milestone; it represents a fundamental shift in how we perceive value, wealth, and perhaps even social structures.
All the pieces are aligning for a potential seismic shift. From major financial institutions to ordinary individuals, all eyes are fixed on the fate of Bitcoin. It is no longer a question of ‘if’ Bitcoin will rise, but rather ‘when.’ And when it does, it promises to be a spectacle that will leave an indelible mark on the cryptocurrency landscape.
XLM Price Surges Amidst Big News Coming for Stellar on September 12
The dawn of a new week has shone brightly upon Stellar’s XLM. The digital currency is gaining significant attention from investors, traders, and market analysts. Market analytics powerhouse, Santiment, recently highlighted Stellar’s noteworthy performance, hinting at a potentially larger breakout in the near horizon.
Surge Amidst the General Uptrend
Stellar’s XLM has marked an impressive 11% increase, confidently trading beyond the $0.12 mark. This comes as Rocket Pool and Synthetix also report double-digit growth. While many altcoins such as Ethereum, Binance Coin, Ripple, and Cardano have recorded modest increases, Stellar clearly stands out from the pack, with SOL marking a 2% jump.
Stellar’s Mysterious Announcement
Adding fuel to the fire, Stellar took to social media earlier this month, hinting at an intriguing development set to be unveiled on September 12. Without revealing much, the tease suggested a development that could potentially generate considerable buzz in the crypto community. “Gear up for a change that has us all thrilled. Stay on your toes,” was the cryptic message they relayed.
XLM Price Analysis
The uptick in Stellar’s performance also saw its 24-hour trading volume skyrocket by a whopping 163%. The market was abuzz with approximately $160 million worth of XLM changing hands, as traders and investors eagerly jumped into the action, hoping for gains.
Stellar began its recovery trajectory around September 3, maintaining its upward momentum, touching daily peaks of $0.126. Market watchers are keenly observing the range between $0.128 and $0.133, believing it to be pivotal for further bullish trends for XLM. Concurrently, XLM appears to be finding solid ground, establishing support close to the $0.11 mark.
Currently, Stellar ranks among the top daily gainers when considering the top 30 cryptocurrencies by market cap. Its recent ascent underscores the potential it holds in the dynamic and ever-volatile crypto market.
Borroe ($ROE) Profits Prove It Is the Next Big Thing in the Market
Uniswap (UNI) and Aave (AAVE) have struggled to regain their footing in the bearish market. As investors count losses from the recent cryptocurrency market crash, Borroe ($ROE) has merged, offering investors lucrative investment opportunities. These opportunities guarantee massive profits for Borroe ($ROE), making it the best cryptocurrency to buy now. Let’s see whether AAVE and UNI can compete!
Aave (AAVE) Is Struggling To Remain Afloat
The crypto market turbulence persisted after the August 18, 2023, flash crash, as Bitcoin (BTC) traded below $26,200 without showing signs of slowing down.
On that note, AAVE recorded a 17% decline in the last four days. And it pushed its price down to the June lows ranging between $47 and $51. If Bitcoin’s price decline continues, Aave might further retreat as sellers target more downside movement.
Moreover, the absence of bullish momentum in Aave’s (AAVE) market was shown by the Relative Strength Index (RSI) entering the oversold zone, signifying a massive presence of bearish control.
In a 12-hour time frame on July 31, Aave’s (AAVE) market structure shifted to bearish. As sellers broke the bullish support established in early July. The bearish trendline in Aave’s (AAVE) market continued to guide the price downward until August 16, although AAVE bulls tried to hold their ground.
Analysts expect Aave (AAVE) to recover to end 2023 at $63.65 as more investors buy the current dip.
Uniswap (UNI) Markets Seeking Support to Avoid Further Drop
Uniswap’s (UNI) price displays a breakdown of the ascending channel and increasing selling pressure in recent trading sessions, signalling bearishness on the weekly Uniswap (UNI) charts. Uniswap (UNI) was trending lower even before the flash crash happened in the cryptocurrency space on August 18, 2023.
Uniswap (UNI) bullish investors appeared already fatigued due to the lack of any positive catalyst that would help push Uniswap (UNI) higher.
Analysts insist that Uniswap (UNI) has no inspiration in the near term. Hence, the token is expected to slide to $4.74 by the end of August 2023, meaning it is not an excellent crypto to buy currently.
Borroe ($ROE) Profits Prove It Is the Next Big Thing in the Market
Borroe ($ROE) stands as the pioneer web3 blockchain invoice discounting NFT marketplace globally. As a decentralized fundraising platform, Borroe ($ROE) assists Web3 users and businesses to quickly raise capital by trading their upcoming earnings.
Borroe ($ROE) investors can convert their upcoming royalties, invoices, subscriptions, and digital payments into non-fungible tokens (NFTs). Which they can then offload to supportive communities at discounted rates.
Additionally, buyers can leverage a strong peer-to-peer (P2P) system to resell these NFTs on secondary markets.
Borroe ($ROE) has recently received verification from BlockAudit, confirming the platform’s immunity against cyberattacks and malware threats. Also, Borroe ($ROE) has publicly revealed its smart contract address to boost transparency and openness.
Borroe ($ROE) is currently in Stage 1 of its presale, valued at $0.0125. So far, Borroe ($ROE) has sold over 41 million tokens. On that note, Borroe ($ROE) is scheduled to hit the mainstream crypto market and sell for $0.0400 when the presale is completed.
This lucrative price action is scheduled to deliver a growth of 300% for early $ROE investors and 220% ROI to those who buy in Stage 1. It makes Borroe ($ROE) the best cryptocurrency today.
Learn more about Borroe ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
Community Influence XRPs Army, Doge’s Community, Big Eyes Infinity’s Presale
Historically, community influence is pivotal to any type of organisation functional in any industry. Similarly, the cryptocurrency community is vital to every cryptocurrency project’s growth, awareness, adoption, and participation. Recently, the crypto market witnessed the role of Ripple’s (XRP) community, known as XRP Army, during the turmoil of the lawsuit against the US Securities and Exchange Commission. Similarly, Dogecoin’s (DOGE) Reddit community propelled the project to an all-time high of $0.86.
These are instances of crypto initiatives that received momentum from the community. However, Big Eyes Infinity (BIGINF), a newly launched token and part of the Big Eyes (BIG) ecosystem, is specifically designed to give back to the Big Eyes community, who may have lost out on the original presale rewards.
Ripple’s XRP Army Backs The Token
The XRP Army and the Dogecoin community have supported their projects regardless of the conditions. Both currencies’ community impact is seen in the crypto market. Recently, in a case with the US SEC, the XRP army stood firmly and supported the project without hesitation. As a result, the currency gained up to 98% in the hours following the partial victory, reaching as high as $0.93. Similarly, the dedicated Dogecoin community that originated on Reddit has helped the coin to an all-time high price of $0.86. DOGE attracted the attention of significant individuals such as Elon Musk shortly after its launch. His occasional tweets and support for Dogecoin have propelled the coin to the forefront, creating prospects for other joke coin projects.
In terms of new meme coins Big Eyes Infinity, a project and part of the Big Eyes Coin ecosystem, has begun its presale. The token is intended for Big Eye Cat Crew members and those who missed the previous presale. The Big Eyes team, unlike other meme currencies, wishes to give back to the community. The presale began at $0.00006 and will conclude at $0.00036. Big Eyes Infinity offers the appealing prospect of a 6x return on investment. Big Eyes Cat Crew members can use Big Eyes Infinity in the future 819Casino and Big Eyes Coin play-to-earn games.
A Tantalising Tale Of DOGE Community
Unlike Bitcoin, members of the XRP army believe in controlled exchanges. They believe it is absurd to believe that a decentralised currency like Bitcoin will genuinely bring the system down. However, a truck driver and Dogecoin community member turned a $250 investment into a $755,000 profit, shocking the crypto industry. All of this potential was created through the community’s action and involvement. Elon Musk also created a dog-themed meme in response to a “Doge tweet” shared by Twitter user EPavlic. This occurred at the same time when the Dogecoin coin price recently increased by 3.08%, temporarily reaching $0.0747.
in DEX. For that reason, the token will be launched directly on DEX after presale and once the tokens are distributed. The team has planned to airdrop the token for equivalent and transparent distribution before the DEX listing. Big Eyes Infinity is all about the Cat Crew and making a brighter future for everyone by learning from mistakes in the past.
Where Can Cat Crew Utilise The Token?
According to the project plan, XRP and Dogecoin can be used in many ways. Members of the XRP army can use XRP tokens to transfer transactions away from central databases maintained by financial institutions and toward a more open infrastructure while substantially cutting costs. XRP transactions are trustworthy, rapid, and inexpensive, making them suitable for cross-border transactions. While DOGE is supposed to be X’s (previously Twitter) currency, Musk has already ruled out the release of the X token. Previously, Musk’s electric vehicle firm, Tesla, withdrew BTC as a transaction mechanism while keeping Dogecoin.
In terms of utility, Big Eyes Cat Crew members can use Big Eyes Infinity tokens in the upcoming 819Casin and P2E platforms. When an investor acquires BIGINF tokens during the presale, Big Eyes will match the number of tokens acquired and deposit them into the investor’s Big Eyes 819Casino account as a bonus once the presale closes. The investor can utilise his bonus tokens on his 819Casino account. He can withdraw his bonus tokens from your 819Casino account after playing with them 2.5 times.
Next Biggest Presale Is Live!
In the cryptocurrency market, community influence is considered significant. The XRP and Dogecoin communities have let their tokens climb and reach unprecedented heights. Big Eyes Infinity, an innovative project of the Big Eyes ecosystem, on the other hand, is concentrating on its Cat Crew community, allowing them to earn large returns in a new presale opportunity.
Big Eyes Infinity (BIGINF)
Website: https://bigeyes.space/
Telegram: Contact@BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
Shiba Is Followed By Dogecoin While Big Eyes coin Go To Infinity
There are numerous meme coins to invest in 2023, but only a handful have the potential to reward investors. A seasoned crypto analyst recently revealed a surprising delight to crypto investors. According to the expert, Shiba Inu (SHIB) and Dogecoin (DOGE) have a favourable association with their prices moving in similar directions historically.
Meanwhile, a new project Big Eyes Infinity (BIGINF), is knocking on the crypto market’s door with an upcoming presale. Big Eyes Coin (BIG), which has already established itself as a top contender, represents this new project. The BIGINF presale will last three months, providing a profitable opportunity for individuals who missed the first presale.
Shiba Inu vs Dogecoin
Shiba Inu and Dogecoin are both cryptocurrency meme currencies. While they have certain similarities, they also have significant differences. SHIB and DOGE have big and active communities, but the Shiba Inu group is larger and more active. Both the coins can be used to tip people, make online payments, and gamble and recently have seen price fluctuation as well as experienced an increase in trade volume.
Regarding differences, Dogecoin has its own blockchain, whereas Shiba Inu is built on the Ethereum blockchain. Shiba Inu accesses the Ethereum ecosystem, including smart contracts and DeFi apps. Shiba Inu has a 40% burn rate, meaning its supply will decrease over time, potentially raising its value.
In contrast, Dogecoin has a 0% burn rate. Shiba Inu can be used for DeFi, gaming, and NFTs, while both currencies can be used for tipping, online payments, and gambling. Compared to Shiba Inu, launched in 2020, Dogecoin has a higher market value and a longer track record.
Feline Goes To Infinity
Big Eyes Infinity is one of the meme coins to invest in in 2023. BIGINF is a Big Eyes Coin project with a three-month presale where the token will use in its 819Casino and P2E games. By proving its commitment to rewarding the community and increasing its reach, BIGINF will strengthen the Big Eyes Coin ecosystem.
Big Eyes Infinity will take the Big Eyes community to new heights of success and popularity as the project is all about increasing income through increased transparency and learning from past mistakes. BIGINF tokens will be airdropped to holders at the end of the presale and listed on a DEX to maximise earnings for community members. The Big Eyes Infinity BIGINF utility coin has an attractive feline mascot, and the holders will get access to the Big Eyes platform, which includes games like 819Casino and P2E.
When an investor buys BIGINF tokens during the presale, Big Eyes will match the number of tokens gained and deposit them into the investor’s Big Eyes 819Casino account as a bonus once the presale ends. When the Big Eyes Infinity presale finishes and BIGINF becomes accessible, the investor can utilise his bonus tokens on his 819Casino account. He can withdraw his bonus tokens from 819Casino account after playing with them at least 2.5 times.
The Last Bite
Dogecoin follows Shiba Inu regarding market booms, in contrast to hundreds of meme coins to invest in by 2023. However, Big Eyes Infinity, a unique enterprise, will propel its owners to unprecedented heights of wealth. The presale is inten for the community and individuals who could not participate in the previous presale. Now is the moment to act and participate in this one-of-a-kind presale opportunity.
Big Eyes Coin (BIG)
Telegram: Telegram: Contact @BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
Shiba Inu Is Followed By Dogecoin While Big Eyes Go To Infinity
There are numerous meme coins to invest in 2023, but only a handful have the potential to reward investors. A seasoned crypto analyst recently revealed a surprising delight to crypto investors. According to the expert, Shiba Inu (SHIB) and Dogecoin (DOGE) have a favourable association with their prices moving in similar directions historically.
Meanwhile, a new project Big Eyes Infinity (BIGINF), is knocking on the crypto market’s door with an upcoming presale. Big Eyes Coin (BIG), which has already established itself as a top contender, represents this new project. The BIGINF presale will last three months, providing a profitable opportunity for individuals who missed the first presale.
Shiba Inu vs Dogecoin
Shiba Inu and Dogecoin are both cryptocurrency meme currencies. While they have certain similarities, they also have significant differences. SHIB and DOGE have big and active communities, but the Shiba Inu group is larger and more active. Both the coins can be used to tip people, make online payments, and gamble and recently have seen price fluctuation as well as experienced an increase in trade volume.
Regarding differences, Dogecoin has its own blockchain, whereas Shiba Inu is built on the Ethereum blockchain. Shiba Inu accesses the Ethereum ecosystem, including smart contracts and DeFi apps. Shiba Inu has a 40% burn rate, meaning its supply will decrease over time, potentially raising its value.
In contrast, Dogecoin has a 0% burn rate. Shiba Inu can be used for DeFi, gaming, and NFTs, while both currencies can be used for tipping, online payments, and gambling. Compared to Shiba Inu, launched in 2020, Dogecoin has a higher market value and a longer track record.
Feline Goes To Infinity
Big Eyes Infinity is one of the meme coins to invest in in 2023. BIGINF is a Big Eyes Coin project with a three-month presale where the token can be used in its 819Casino and P2E games. By proving its commitment to rewarding the community and increasing its reach, BIGINF will strengthen the Big Eyes Coin ecosystem.
Big Eyes Infinity will take the Big Eyes community to new heights of success and popularity as the project is all about increasing income through increased transparency and learning from past mistakes. BIGINF tokens will be airdropped to holders at the end of the presale and listed on a DEX to maximise earnings for community members. The Big Eyes Infinity BIGINF utility coin has an attractive feline mascot, and the holders will get access to the Big Eyes platform, which includes games like 819Casino and P2E.
When an investor buys BIGINF tokens during the presale, Big Eyes will match the number of tokens gained and deposit them into the investor’s Big Eyes 819Casino account as a bonus once the presale ends. When the Big Eyes Infinity presale finishes and BIGINF becomes accessible, the investor can utilise his bonus tokens on his 819Casino account. He can withdraw his bonus tokens from 819Casino account after playing with them at least 2.5 times.
The Last Bite
Dogecoin follows Shiba Inu regarding market booms, in contrast to hundreds of meme coins to invest in by 2023. However, Big Eyes Infinity, a unique enterprise, will propel its owners to unprecedented heights of wealth. The presale is intended for the community and individuals who could not participate in the previous presale. Now is the moment to act and participate in this one-of-a-kind presale opportunity.
Big Eyes Coin (BIG)
Telegram: Telegram: Contact @BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
DOGE, QUBE On Investors’ Radar as Elon Musk Plans Big Moves
The InQubeta (QUBE) presale is attracting many cryptocurrency investors as it becomes more apparent artificial intelligence (AI) will be the next major technological revolution. InQubeta addresses the obstacles that often prevent investors from using conventional investing channels, like minimum deposits that most people can’t afford.
The artificial intelligence industry recently welcomed a new entrant as SpaceX founder and X (formerly Twitter) owner, Elon Musk, revealed his new company xAI. He states the company’s goal is to “understand the true nature of the universe,” but it’s really an alternative to AI-powered software like ChatGPT. The company has already built up an impressive team that consists of alumni of projects like OpenAI, DeepMind, and Google Research.
Dogecoin investors are hoping to see a price surge following Musk’s comments as is often the case whenever he’s in the news. Musk played a major role in the meme coin mania of 2021 and also helped to bring it to an end when he called it a “hustle.”
InQubeta (QUBE) poised to enjoy massive growth in 2023 and later
The InQubeta presale has been a monumental success so far, raising over $2 million early in its presale. Investors who join the action now set themselves up to grow their investment by 300% before the event ends. InQubeta is expected to see significantly more growth once the presale is over and tokens are launched on major exchanges. $QUBE tokens are currently undervalued and prices are expected to rise by over 100x as the market establishes their real price.
One of the major factors that have helped to drive investors to the InQubeta presale, despite cryptocurrency markets being bearish for the most part since the event started, is its link to artificial intelligence by creating a win-win situation for investors and AI startups.
Companies that help to push investments in the AI sector have enjoyed a significant increase in investment funds as investors rush to be part of what many – like President Joe Biden – are predicting will be the most significant technological breakthrough in the last several decades.
The viability of AI has increased exponentially in the past decade as concepts like vehicles with autonomous capabilities and AI like ChatGPT — that can perform various tasks almost as well as a human can — are developed. Automation will cause massive disruption worldwide, but it will also create many investment opportunities to earn substantial profits. InQubeta opens up access to such opportunities with its non-fungible token (NFT) marketplace.
How it works
Startups raise capital on the QUBE network by selling equity-based NFTs that are the blockchain version of stocks. $QUBE tokens are used to purchase them on the marketplace and are used to run the network. Rewards are sent out to stakers periodically.
Elon Musk’s entry into the AI industry will speed up the rate of innovation
Like him or not, Elon Musk is well-known for pushing innovation in the industries he targets. Tesla leads in producing electric and autonomous vehicles, while SpaceX has done more to push the space race than the U.S. government – or anyone else – has in decades.
Musk officially launching an AI company isn’t surprising, given how closely he already works with the technology. It’s one more sign that the AI revolution will shake up the world.
Dogecoin (DOGE) investors keep hope alive.
Dogecoin investors are hoping for a push from a celebrity like Musk to give token prices a boost. However, the unlimited supply of DOGE tokens and their limited utility will likely prevent prices from experiencing significant growth except when they’re being pumped.
Summary
The InQubeta presale allows investors to grow their capital by 300% and more once it ends. The project pushes innovations in the AI industry by getting startups the capital they need while making investment opportunities more accessible.
InQubeta prices are poised to grow significantly as the AI industry takes humanity into a new age.
Expert Says Altcoins Are About to Crash Big Time Before it Gets Good
A serious warning has been sounded for altcoin holders, with predictions of a major crash before the market eventually recovers. With investors around the world flocking to cryptocurrencies, the voice of reason comes from seasoned experts in the field. What’s the cause of this grim forecast, and what should altcoin investors be doing right now? Let’s dive in.
Altcoins on Shaky Ground
Altcoins could plummet a further 40-50% against Bitcoin, according to the analyses of renowned crypto pundits, Ran Neuner, host of Crypto Banter, and Benjamin Cowen, a widely-followed cryptocurrency analyst. This sobering perspective is based on current trends and historical data, making it a subject of considerable concern for those holding alternative digital currencies.
Bitcoin’s dominance seems to continue its upward trajectory, having held firm prior to reaching a breakout level of 49%. This hasn’t merely been a fleeting observation; rather, it’s a consistent trend, underscoring the power and resilience of Bitcoin in the face of fluctuating market conditions, said Cowen.
Liquidity Drought in Altcoins
The lack of liquidity flowing into altcoins is a strong indicator of their potential fall. While there may be hope for a resurgence, the current reality points to a desolate scene. For altcoin investors, the fear is not that these currencies will disappear entirely, but that the road to recovery appears to be fraught with uncertainty and peril.
For those who are heavily invested in alternative digital currencies, the prediction of a 40-50% drop before any recovery isn’t just academic speculation; it’s a real and urgent dilemma. Investors face the hard decision of whether to swap their altcoin holdings for Bitcoin and ETH or hold onto them in anticipation of a brighter future.
Despite the gloomy outlook, some cryptocurrencies were spotlighted by Neuner as possessing attractive risk-reward plays with reasonable fundamentals. Ethereum, for example, was mentioned as a viable option, providing a glimmer of optimism within an otherwise bleak forecast.
The experts’ outlook is neither entirely pessimistic nor full of unrealistic optimism. The expert analysis offers a balanced and insightful view into the challenging landscape ahead, leaving altcoin investors with some serious decisions to make.
AI And Big Data Witness 300% Growth In 2023 – These AI Cryptos Are Set to Explode
AI is the biggest technology that will define 2023. The mass penetration of ChatGPT is just a preview of what’s coming. Now that people have embraced AI, new projects that explore futuristic technologies are taking over the market.
A Dynamic Sector with Fertile Soil
The AI and Big Data sectors have changed how we understand data processing and utilization. The advanced algorithms and machine learning techniques are perplexing, but they have vast possibilities in everyday life.
They can overhaul a wide range of industries in decision-making, shrewd analysis, and of course, automation. The heap of data that multiplies at an exponential rate will change the way we live and work in the next few years.
According to a new report by CoinMarketCap, the AI and Big Data sector has grown by 323% within the niche. In fact, AI & Big Data is the second-fastest growing crypto sector this year.
While metaverse and virtual reality dominated the crypto market from 2021 to 2022, AI has the spotlight this year. It is one of the most thriving sectors in the crypto space and is poised for further growth in the next few months.
Needless to say, the release of OpenAI’s ChatGPT has catalyzed the trend.
Top AI Cryptos Set to Explode Soon
AI is a game-changer in the crypto sector for many reasons. It can transform our financial and social landscapes, with decentralized transactions of data and value at its core. Crypto projects and investors see AI as fertile soil with plenty of possibilities for growth and expansion.
In this article, we look at two emerging AI projects that have caught the market’s attention and why they are positioned for explosive growth this year.
1. yPredict – AI-Driven Curated Price Predictive Models
yPredict is an AI token that has taken the crypto world by storm, even before the token launch. The presale of YPRED tokens, the native cryptocurrency of yPredict has surged past the $3M mark within days of going live to the astonishment of the market.
The fast-growing traction of the token can be attributed to its underlying AI ecosystem tailored to cater to crypto traders, experts, and quants. Being the only cryptocurrency of the AI-based marketplace, YPRED facilitates access to crypto price predictive models carefully crafted by renowned AI experts, quants, and analysts.
It is dedicated to combating the challenges that traders and investors have to deal with every day to maintain a statistical edge in the highly volatile market.
If we look at the current crypto landscape, we will find that bots and algorithms saturate the market. The saturation has led to unpredictability and influenced the price structures of assets like BTC and ETH.
The situation is worsened by manipulative bots that favour specific assets and investors. yPredict emerges as a reliable solution to the problem, offering a renewed sense of certainty to crypto price predictions by leveraging the expertise of industry analysts and AI developers.
yPredict allows you to make near-accurate predictions, as it grants access to industry expert-driven crypto price predictive models through monthly subscriptions. The payments are made in YPRED tokens, which serve as the driving force behind the ecosystem.
Apart from this, it provides AI Signals, Sentiment Analysis, and 25+ Chart Pattern Recognition.
Being an AI-powered utility token, YPRED is distinct from meme coins like Dogecoin, which solely rely on community strength and hype. Instead, the use cases powered by yPredict’s underlying project architecture make it a more sustainable option for investors with a long-term outlook.
The ongoing presale presents the optimal entry point to the project. It is divided into multiple stages, featuring a gradual price hike as it progresses. This presale allows the community to be part of the project’s growth from its inception.
2. Launchpad XYZ – A Web 3.0 Hub for the Masses
Another AI token to draw massive attention over the last few months is LPX, the native cryptocurrency of Launchpad XYZ.
As its name suggests, the platform ushers in the new era of Web 3.0 by lowering its entry barriers. Whether you’re interested in cryptocurrencies, NFTs, or the metaverse, you will find plenty of valuable data and insights on the platform. Its market relevance lies in the fact that the complexities and jargon prevalent in the crypto market are detrimental to its growth.
They turn away traditional investors and users from entering the market and trying their hands on digital assets. That is not a trend to be encouraged. Despite the advanced technology that Web 3.0 makes use of, it needs to lower the technical barrier to penetrate the masses.
This is where Launchpad XYZ steps in as a bridge between crypto enthusiasts and promising crypto projects. The platform enables more individuals to explore the various opportunities in trading, investment, and play-to-earn using its extensive ecosystem. It consists of an NFT marketplace, a play-to-earn gaming hub, a metaverse experience library, a Web3 wallet, an NFT DEX, and a trading terminal to name a few.
But the standout functionality on Launchpad XYZ is Launchpad Quotient (LPQ) – a singular metric that indicates the risk and reward potential of any Web3 Asset. Derived from a wealth of data, it encompasses 400 data points, such as moving averages, sentiment analysis, and trading volume.
As the market is ever-changing, the LPQ value fluctuates based on the latest data and news available.
The insights and data-driven metrics like LPQ create a more accessible and informed environment for crypto enthusiasts and investors.
Although the growing lack of confidence in the traditional financial system has urged an increasing number of people to explore cryptocurrencies, the market doesn’t respond well to the demand.
With a mission to onboard the next 10 million users to Web 3.0, Launchpad XYZ enhances the overall crypto user experience and educates users about the diverse range of yield opportunities available.
The LPX presale is live. It comes with excellent early-bird discounts that give investors a low entry to the AI coin. The platform promises to play a pivotal role in democratizing access to information and opportunities within the crypto market, but it remains to be seen how efficient it is.
But if you have your eyes set on a meme coin
Meme coins are wildly popular now. They don’t have any underlying utility, but they seize the market with three- to four-digit bull runs. If you want to add a volatile asset to your portfolio, Burn Kenny is the latest meme coin sensation.
“Ever wondered how to set fire to your digital assets in a fun and potentially profitable way? Welcome to Burn Kenny, a token so hilariously volatile, you’ll think you’re in an episode of South Park!”
The project launched a discreet presale on 20 July 2023. Don’t be dispirited if you find it already sold out. The token launch is scheduled for 24 July 2023.
The Next Big Thing in the Metaverse
Bitmap is redefining digital real estate – it might be the next big breakthrough you’re looking for.
In the Bitcoin community, a new concept is gaining traction: Bitmap Theory. This innovation is a bridge between Bitcoin and the metaverse, two realms that have largely existed separately until now. The idea behind Bitmap Theory was introduced by Bitoshi Blockamoto on June 13.
So what exactly is Bitmap?
It is an open-source standard that allows people to claim ownership of Bitcoin blocks by inscribing individual satoshis, the smallest unit of Bitcoin, onto them. This could potentially integrate any block into the metaverse.
In simpler terms, Bitmap is a way to mark individual Bitcoin blocks with your name. This could be used to show ownership of a block, or to create a digital asset that is tied to a specific block.
For example, you could create a digital asset that is a representation of a piece of land in the metaverse and then use Bitmap to mark that asset with your name. This would show that you are the owner of that piece of land in the metaverse.
Bitmap could also be used to create digital assets tied to specific events or experiences.
For example, you could create a digital asset that represents a ticket to a concert and then use Bitmap to mark that asset with your name. This would show that you are the owner of that ticket and that you have the right to attend the concert.
Bitmap is a consensus standard that allows anybody to claim the geospatial digital real estate of a Bitcoin Block. This process is achieved by being the first to inscribe blocknumber.bitmap unto a Satoshi using Ordinal Bitmap Inscriptions. This process is equitable and decentralized, transmuting any Bitcoin Block into a part of the Metaverse at the cost of energy, explains Malik Usman, Director of Services Delivery of Citrusbits.
But what does this mean in practical terms?
With this, people can transform any Bitcoin block into a piece of digital real estate within the metaverse. Each Bitcoin block represents a unique and unchangeable record of transactions on the Bitcoin network.
And this attribute gives each Bitcoin block significant value as an asset representing ownership of the digital real estate in the metaverse.
It serves various purposes, such as hosting events, establishing businesses, or simply providing a space for relaxation and socialization. As the metaverse continues to expand, the value of digital real estate is expected to grow along with it.
And that is exactly why it has sparked a new trend within the Bitcoin community, with enthusiasts eager to stake their claim on these digital parcels of land.
Bitmap Supply?
The current Bitmap supply is “799560* as of writing this info. It keeps increasing as each block is released. Where can you buy them? Since the Blockout has happened already, you can only get them on secondary now.
Links are given below:
- Ordinal Wallet (you also have a map for easy understanding)
- Magic Eden (you can easily connect your wallet and inscribe any block)
As we speak, it’s crossed 20,000 inscriptions – and they’ve even launched phase 2 of Bitmap.
The Bitmap universe offers different types of lands that users can claim, each with its own unique characteristics. These include Sub X Lands, Palindromic Lands, Numeric Lands, Shaped Land, and Mondrian Lands.
The demand for Bitmaps featuring Zipcodes of tech giants like Google and Microsoft, along with other significant locations, is soaring. These sought-after blocks are becoming increasingly popular among people seeking unique and valuable representations, adds Gerrid Smith.
Each type of land offers unique opportunities and challenges, making it an exciting place to explore. Check out the image below to understand it better:
In the midst of this revolution, one project stands out: Bitcraft. Bitcraft is a Web3 gaming project that’s pushing the boundaries of what’s possible in the Bitcoin metaverse.
It’s creating a decentralized universe where players have a say in the game’s development.
Bitcraft uses blockchain technology to provide security and transparency, and it has its own cryptocurrency, $BLOCK, which players can use to monetize their in-game progress.
Bitcraft is more than just a game; it’s a platform for creativity and innovation. It offers an infinite world where players can build, explore, and embark on new adventures.
It also encourages community governance, allowing players to participate in the decision-making process and influence the game’s development.
They’ve even scored initial funding, and have disclosed their developmental plans for Q2 2024:
All in all, Bitmap is one the noticeable advancements in the Bitcoin metaverse, offering expanded avenues for digital exploration and interaction. These innovations will have a meaningful impact on the future of the metaverse.
For those intrigued by this digital revolution, Bitcraft provides an excellent entry point. It is a project that not only keeps up with trends but also establishes them.
Visit Bitcraft to learn more.
Author Bio: Rameez Usmani, a renowned crypto researcher and journalist, contributes to top publications like Binance, CoinDesk, Cointelegraph, and Decrypt, covering cutting-edge topics on Bitcoin, blockchain, and the crypto industry. Connect on Twitter or Linkedin for insightful updates or you can directly email him.
A Big Win for the Crypto Space & Ripple Against the SEC; Bull Market is Here!
The Summary judgment is Out! Ripple Won the lawsuit against the SEC! XRP is not a security!
Yes, finally, the moment has arrived, which was awaited for more than a year. Today, Judge Analisa Torress ruled out the summary judgment and whitewashed the claim that XRP is a security. This is a very big moment for the entire crypto space as if XRP is not a security, neither BTC nor ETC is!
The judge unequivocally stated that the sales of XRP by Ripple do not constitute an offer of investment contracts. This means that XRP is not considered a security, providing clarity and paving the way for broader adoption. Even though the current ruling is a big win for the company, it is important to note that the lawsuit is not over yet!
While this ruling is a significant step forward, there may be further legal challenges ahead. The final outcome remains uncertain, but the ruling itself is a big milestone. Besides, the native token XRP price quickly gained momentum as the buying volume soared, with a more than 30% jump in the prices. However, it is always better to wait for a correction before jumping on the moving train.
As seen in the above chart, the XRP price exploded immediately after news broke out that the ruling had been produced in favour of the company. The recent pullback below the $0.65 region clearly indicates the presence of bearish dominance at these levels. Hence, a minor correction may be possible to attract liquidity to the platform.
The prevailing buying pressure may continue for a while, which may be further fueled by the token XRP being relisted on US-based exchanges. Now that the lawsuit has turned in favour of the crypto, the regulatory clouds over the space may be waning for a while, which may keep up the bullish momentum of the markets, triggering a fresh bull run very soon.
Calm Before the Storm; Bitcoin’s Big Move is Loading! How Will CPI Impact the BTC Price?
The post Calm Before the Storm; Bitcoin’s Big Move is Loading! How Will CPI Impact the BTC Price? appeared first on Coinpedia Fintech News
The crypto markets have been consolidating within a narrow range since the past weekend, as the majority of the cryptos are trading sideways. Meanwhile, the Bitcoin price trades around $30,500, where it has remained stuck for a couple of weeks. As the range in which the price trades remains largely unchanged, the possibility of a bullish breakout appears imminent.
Although the price continues to trade within a small margin, the traders appear to be extremely confident in the long-term prospects of the token. The investors have been constantly accumulating the tokens. As per the data from a popular on-chain platform, Glassnode, the traders accumulated an average of 27.1K BTC/ per month.
The above chart indicates that investors hold acute confidence in the upcoming BTC rally. Now that the BTC halving is around 200 days away, traders have begun to prepare for the post-halving rally. As seen in the past, the BTC price triggered a huge upswing and soared heavily, by more than 300% to 400%, to form a new ATH in the next 12 to 15 months.
Therefore, now that the price is stuck in a narrow range, it may be a good time to accumulate. On the other hand, the traders appear to be making a profit on their BTC holdings; the supply of profit is increasing while the supply of loss is depleting rapidly.
Presently, Bitcoin and the majority of the altcoins are chopping around without displaying any possibility of giant price action. Besides, the fresh CPI report is scheduled to be released on Wednesday, July 12, 2023, wherein another hike of 25 bps is expected. Therefore, until the CPI rates are out, the BTC price is believed to trade within the same margin without any major price actions.
The Next Big Thing in Crypto, Outshining ApeCoin and Fantom
The multi-asset Web3 platform Golteum (GLTM) stands out as a game-changer in the constantly changing world of cryptocurrencies.
Golteum, a cutting-edge platform, combines the advantages of many asset classes to make trading in precious metals and cryptocurrencies simple.
It encourages users to diversify their portfolios, look into new investment opportunities, and take charge of their financial future. But how does it compare with Apecoin(APE) and Fantom (FTM)? Let’s see.
Golteum (GLTM) vs. ApeCoin (APE): A Clear Winner
ApeCoin is an ERC-20 governance token within the APE Ecosystem (an extension of the Bored Ape Yacht Club). It has a fixed supply of 1 billion tokens and is available for trading on decentralized and centralized exchanges. Apart from being a governance token, APE is also used as a payment and transaction token within the BAYC ecosystem.
While ApeCoin has definitely made waves in the crypto space, Golteum (GLTM) is well-positioned to surpass its achievements. It offers far greater utility than governance and payments. Golteum embraces the tokenization of precious metals and NFTs, integrating them with cryptocurrencies for enhanced functionalities.
By leveraging Chainlink’s Proof-of-Reserve mechanism, Golteum ensures transparency in the tokenization process, while Chainlink’s Oracle network provides accurate pricing data. This multi-asset approach sets Golteum apart, offering users a comprehensive platform that goes beyond traditional precious metals investments.
Golteum (GLTM) vs Fantom (FTM): A Vision for Growth
Fantom (FTM) is a decentralized, open-source blockchain platform offering fast, secure, and scalable smart-contract solutions. It uses Lachesi’s unique consensus algorithm for high transaction throughput and low confirmation times, enabling developers to create dApps and blockchain-based solutions.
FTM is the native token of the ecosystem and is listed on major cryptocurrency exchanges. With a market cap of about $860 Million, it is a popular choice for investors and developers in the crypto space.
However, Golteum introduces a new dimension to the crypto landscape by focusing on tokenized precious metals and NFTs. By implementing the Polygon Layer-2 solution, Golteum ensures scalability while benefiting from Ethereum’s security.
This commitment to decentralization, combined with the utility of its token (GLTM), positions it as a promising choice for investors seeking a unique and profitable investment avenue.
Price Prediction: GLTM’s Potential
The tokenized assets market is projected to reach $16 trillion by 2030, as stated by the Boston Consulting Group. Thus, Golteum seems positioned for exponential growth. Experts predict that GLTM’s price will rise to $5 when listed on major exchanges, presenting investors with a potential for significant returns.
This promising potential is further illustrated by the exceptional demand shown during the first stage of Golteum’s presale. 32,500,000 GLTM tokens sold out in under 48 hours with a fixed price of $0.0074 per token. Early investors are already in profit, as the second stage of the presale came at $0.012 per token – a 62% increase!
There are three more presale stages before the token hits major exchanges. Each stage comes with an increased price. Eventually, the price is estimated to reach about $0.083 per token at the end of the presale. So, getting in now is a smart decision and will most likely bring immense returns.
The tokenomics and allocations of GLTM, along with its comprehensive roadmap, make it an enticing investment proposition.
Why Choose Golteum (GLTM)?
Apart from the reasons already mentioned, Golteum stands out from the rest by promoting an aura of trust and transparency. CertiK has independently verified the Golteum token smart contract. Not all tokens can boast of that.
As a cherry on top, six members of the Golteum team have also been vetted and certified by CertiK. They were awarded a CertiK Silver KYC badge for their compliance with verification standards. So, you can trust the Golteum team. And your funds are safe on the platform.
Join the GLTM Revolution
The Golteum presale is still ongoing. Investors who partake in the current round will be awarded a 15% bonus on top of their original purchases. But there are only 55,000,000 tokens allocated to this round. Grab yours now before it sells out.
For more information about the GLTM Presale:
Stellar (XLM) Records 300% Spike In 24 Hours: Is This The Next Big Thing In Crypto?
The Stellar (XLM) market recorded a sharp uptick in daily traded volume on Wednesday amid the macro crypto downturns. The veteran crypto asset gained more than 30 percent in the past two weeks to trade around $0.102 on Wednesday. To a greater extent, the recent XLM price breakout is largely attributed to the increased traded volume and open interest.
According to market data provided by Coinglass, XLM’s open interest spiked to a three-month high of about $40 million. Additionally, XLM daily traded volume increased by a whopping 321 percent in the past 24 hours to a hover of around $213 million.
Stellar XLM Price Analysis
The Stellar lumens turned bullish after rebounding from the March low and now seem rejuvenated to revisit this year’s ATH around 11 cents. If the XLM price rallies beyond the prior highs, a macro bullish outlook will be opened towards $0.17, where the next major resistance level will be found.
Notably, XLM price has in the past followed the XRP price actions but the correlation has significantly reduced in the recent past. Moreover, the XRP price is heavily weighed down by the ongoing SEC vs Ripple lawsuit, while XLM is making crucial fundamental progress.
The $5 billion valued XLM market has significantly benefited from the smart contract development being made by Stellar Foundation. Furthermore, the Stellar organization has made significant gains in the stablecoins and CBDC market, which is expected to control a huge portion of the digital market.
Is XRP Price Preparing for a Big Move Ahead? Traders Must Watch These Levels Closely
With numerous altcoins clocking impressive upticks, the market’s attention has now pivoted toward XRP. Currently, the XRP price is hovering below the $0.5 mark, stirring anticipation for a significant price surge. XRP, standing as the sixth-largest cryptocurrency by market capitalization, has experienced an influx of funds that hints at a possible bullish breakout. However, despite these promising signs, the coin hasn’t delivered any substantial price rally, largely due to the unresolved SEC lawsuit which looms over its future trajectory.
XRP Sees A Spike In Interest From Institutional Investors
A recent analysis by CoinShares indicates a triumphant performance for XRP, affirming its leadership position among various crypto investment avenues. The inflow surge has catapulted XRP to new levels, showcasing an outstanding accumulation of funds, hitting a mark of $240,000 in just the past week.
This inflow contributes to XRP’s growing value, which has now impressively reached $6 million since the dawn of the year.
Yet, XRP wasn’t the sole benefactor of this positive swing. The entire market rode the wave of optimism. Crypto investment vehicles observed their largest weekly inflows for the year, with a staggering $199 million pouring into the market. This uptick effectively compensated for nearly half of the outflows recorded over the preceding two months.
While the market experiences a wave of revival, Bitcoin notably reaps the majority of the benefits, drawing an impressive $188 million in inflows last week alone, accounting for a massive 94% of the total funds received. Hence, it did not provide XRP price much buying pressure for a breakout.
Nevertheless, Ripple’s XRP price may be benefiting from a ‘buy the dip’ sentiment as Ripple relentlessly broadens its global reach and strengthens its ecosystem.
What’s Next For XRP Price?
XRP price is currently witnessing minor selling pressure below the EMA50 trend line. Bears are defending the $0.5 resistance strongly as a breakout will see a spike in short liquidation, and the XRP price will gain acceleration.
The flattish EMA20 and MACD trend’s line parallel trade with the signal line indicates a neutral momentum among traders, which could potentially lead to a big move if the battle intensifies between the bulls and bears.
Currently, XRP price trades at $0.48, declining over 2.5% in the last 24 hours. If XRP drops below the support line, sellers will increase their domination which could plunge the token below the 38.6% Fib channel at $0.44. However, bulls will strongly defend this level and trigger a rebound.
On the bullish side, XRP is predicted to test its current support line, and if successful, it could initiate a bullish reversal. A breakout above $0.5 will send the token to an immediate resistance level of $0.53.
Will BTC Price Maintain its Dependency on the Big Players to Trigger a Bull Run?
The Bitcoin price has been manifesting a massive upswing for the past few days and currently has triggered a beast mode to reach beyond $30,000. The reason is the growing dominance of the star crypto within the markets, which has clinched 50% for the first time in the past 12 months. Hence, this indicates that the majority of investors are now more focused on the BTC price and could be swapping other altcoins for the flagship crypto.
But what changed all of a sudden? Why was the liquidity flow back to Bitcoin?
Simple, major players like BlackRock, Invesco, & WisdomTree apply for Bitcoin spot ETFs, while Fidelity, Citadel, and Schwab are set to launch a crypto exchange. This lateralised soon after the SEC tightened its grip on the crypto space and sued Binance and Coinbase. Till then, the BTC price was feared to lose out and drop back to $20,000, marking fresh bottoms for the year.
Ever since the 2021 bull market, the markets, specifically Bitcoin, have required a catalyst to propel them high or drop below crucial levels. However, no specific event or reason fueled the rally, but the market was in a euphoric phase. Further, when the 2022 bear market began, multiple events triggered a significant bearish trend that has continued to this date.
Investors still continue to be under immense fear and uncertainty as they require positive events to be bullish on crypto for a long time. Considering the current market conditions, the Bitcoin price has sliced above $30,000 and continues to soar as multiple events trigger a massive run. However, once the excitement of the investors waned, the price was set to witness a significant plunge.
Therefore, the crypto market continues to be dependent on external factors. Hence, it is subjected to a rise or drop depending on the positive or negative events happening within the crypto space.
Big Day For Ripple Vs SEC Lawsuit : Hinman Documents Release, Here’s What XRP Community Can Expect
The XRP community is buzzing with anticipation today as a long-awaited reveal in the Ripple lawsuit against the SEC is imminent. The public release of the redacted documents from former SEC official William Hinman, along with cross-motions for summary judgment, is set to happen very soon.
With recent lawsuits targeting major players like Binance and Coinbase, the XRP community is particularly intrigued by the potential impact these Hinman documents could have on the entire cryptocurrency industry.
The Much-Awaited Document Reveal
Today, a legal panel discussion featuring prominent figures such as John Deaton, the founder of CryptoLaw and attorney for XRP holders, alongside Jeremy Hogan, Marc Fagel, and Carl Cecere, will delve into the potential implications of the documents. Speculations and excitement have been building, especially after Deaton hinted at possible redactions in a tweet, expressing confidence that all uncertainties will be clarified during the reveal.
Deaton has previously suggested that the emails within the documents will shed light on William Hinman’s conflicts of interest. This raises intriguing questions about the motives behind Hinman’s speech. Deaton boldly states, “The emails will highlight Hinman’s massive conflicts of interest. People will ask, ‘Then why give the speech?’”
XRP Holders Hope for Positive Outcome
In a recent tweet, CryptoLaw founder John Deaton hints at redactions, expecting speculations to be resolved after the reveal.
While Deaton acknowledges that the emails may not directly impact the legal analysis based on the Howey test, he believes they will highlight the challenges of applying outdated 1930s and 1940s precedents to the current technological landscape. Furthermore, Deaton hopes that these emails will sway public opinion and encourage bipartisan efforts in Congress, favoring the causes of Coinbase and Ripple.
As the XRP community eagerly awaits the impending reveal, the implications for Ripple’s legal battle and the wider regulatory landscape remain uncertain. However, today’s events promise to be a significant turning point that could shape the future of the cryptocurrency industry as we know it.
The Next Big Idea to Surpass IOTA and Loopring
The blockchain isn’t short of innovative and disruptive ideas aiming to assist with the Web3 transition. With Web3 touted as the future, it comes as little surprise. Sparklo is without a doubt one of the next big ideas on the blockchain. Aiming to rival IOTA (MIOTA) and Loopring (LRC), it is fast gaining traction and popularity.
Sparklo (SPRK) is a unique protocol that will enable partial ownership, investment and trading in real-world assets like gold, platinum and silver through NFTs. Non-fungible tokens are backed by rare metals, which are then traded on the platform. On the other hand, to physically own assets, members will have to purchase the entire NFT, which will be shipped down.
$SPRK, the token native to the Sparklo ecosystem, is currently in its presale stage at $0.026 per token. There is an additional 50% discount, which increases accumulated tokens and, in turn, increases potential profit. Investment in Sparklo can yield as much as a 2,500% increase by the end of 2023, making the project lucrative. To get ahead of the curve and enjoy more profits, we suggest investing in the presale by following the link below.
Liquidity lock for a lifetime by the team and locking of the team’s token for 3 years will eliminate the risk of a rug pull. Additionally, the smart contract has been audited by InterFi Network and declared safe, while the KYC audit has also been completed. This makes the presale both safe and profitable.
IOTA (MIOTA) rally expected to continue
With generative AI making strides and the need to curtail its excesses, Xayn, a search engine, aims to leverage IOTA (MIOTA) Tangle technology to combat AI misuse. Although AI comes with numerous benefits and limitless possibilities, its cons cannot be downplayed. With Xayn’s IOTA technology, it aims to compete against AI companies.
IOTA (MIOTA), trading at $0.19, is currently in an uptrend. With a spike in price, IOTA (MIOTA) recorded a 3.9% increase in the past 24 hours as of press time. Furthermore, the past 7 days further show an IOTA (MIOTA) rally, up by 6% at the time of writing. While the spike in IOTA (MIOTA) is expected to endure, it will nonetheless not be as significant as investing in a presale token with immense growth potential.
Loopring (LRC) indicator points towards decline amidst consolidation
Loopring (LRC), the native token of Loopring, is currently hovering over $0.28. After Loopring’s (LRC) bearish decline last week, which recorded a 5% decline in the past 7 days at the time of writing, it is aiming to end the week in an uptrend. Consolidating in the past 24 hours, Loopring (LRC) is up by 0.3% in the past 2 hours as of press time.
Although the bulls are fighting to keep the price of Loopring (LRC) up, indicators point towards selling pressure increasing. Moreover, with the bearish cycle expected to continue for some time, Loopring (LRC) will likely experience more declines. To make the most of the current market conditions, investing in presale tokens like Sparklo is a better strategy than investing in Loopring (LRC).
Find out more about the presale:
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Are Sellers Shorting Bitcoin Before A Big Move? Here’s What To Expect From BTC Price Next
The crypto market is currently witnessing a rollercoaster ride, and Bitcoin is leading the pack. Following an accord to elevate the U.S. debt ceiling, Bitcoin (BTC) ascended beyond the $28,000 mark. However, despite this rise, the cryptocurrency seems poised for its initial monthly decline since December. Currently, analysts and traders are expecting selling pressure in the BTC price chart as Bitcoin faces rejection near the much-anticipated resistance level at $28K.
Bitcoin Sparks Possibilities Of Increased Volatility
Glassnode, in its most recent blog post, portrays the Bitcoin market as balanced, with a likelihood of heightened volatility looming. The analysis indicates that the market is bracing for a surge in volatility.
With the deceleration of momentum in the Bitcoin market, the Monthly Realized Volatility has dipped to 34.1%, falling beneath the 1-standard deviation Bollinger Band. This period of subdued volatility, representing just 19.3% of the market’s history, hints at a potential spike in volatility in the near future.
Moreover, on-chain activities, encompassing transactions related to deposits and withdrawals from exchanges, have experienced a periodic downturn. The recent activity has seen a 27.3% decrease compared to the past half-year, suggesting a notably subdued level of investor engagement.
When examining Bitcoin’s short liquidation metric, a recent surge to $40 million was observed as Bitcoin managed to break through multiple resistance levels starting from $27K. This metric is crucial as it represents the value of short positions that have been forcibly closed due to sudden price increases, causing losses for those betting against the market.
This trend indicates that Bitcoin’s upward movement beyond the $27K mark is activating stop-loss orders for sellers.
This sentiment suggests that the recent price movement of Bitcoin has caught short sellers off guard, forcing them to exit their positions and potentially driving the price of Bitcoin even higher.
What To Expect From BTC Price Next?
The inability of bearish traders to pull the price beneath the immediate support level of $25,871 has sparked robust purchasing activity from the bulls. They managed to propel Bitcoin back into the symmetrical triangle pattern, although higher levels are drawing in sellers. As of writing, BTC price trades at $27.6K, declining over 0.04% in the last 24 hours.
Sellers are making efforts to halt the recovery at the triangle’s resistance line. However, if the bulls prevent the price from dropping below the 20-day EMA at $27,318, it could increase the likelihood of a breakthrough above the resistance line. If this occurs, the Bitcoin price might surge to $30,000, followed by a potential rise to $31,000.
On the downside, the first support level to monitor is the 20-day EMA. If this level is breached, it could indicate that bearish traders are selling during price rallies. Consequently, the pair could plummet to the crucial support zone that lies between $25,810 and $25,250.
Bitcoin Trades At Crucial Support Of $26,500! Will BTC Price Make A Big Move Ahead?
As we approach the mid-year of 2023, the crypto market is once again at the edge of its seat, with Bitcoin (BTC) trading at a crucial support level near $26,500. Despite the ‘hot’ Personal Consumption Expenditures (PCE) data hinting at a potential June rate hike, Bitcoin is nearing $27K. The unexpected rise comes even as the PCE data, indicating persistent inflation, suggests a need for further financial tightening. Amid this, investors are confused to determine Bitcoin’s upcoming trend.
Bitcoin Bulls Show No Momentum
Bitcoin is at a pivotal juncture in terms of price action, with speculators holding the reins, according to a recent analysis. Checkmate, the lead on-chain analyst at Glassnode, shared his insights on Twitter on May 26, indicating a potential Bitcoin price standoff on the horizon.
As BTC price nears key trend lines, a growing number of long-term market players are becoming increasingly apprehensive this month. With bearish price forecasts on the rise, the focus of on-chain analysts is shifting towards short-term holders (STHs) as they try to predict the next direction of Bitcoin’s price.
Glassnode’s STH-SOPR metric, which assesses the profitability of spent outputs, is currently indicating a dominance of losses among short-term Bitcoin holders. This situation calls for dip buyers to enter the market. If this trend continues, it could potentially trigger a fear-of-missing-out (FOMO) bounce. However, if the short-term holder realized profit/loss ratio stays below 1.0 for an extended period, it could signal a bearish turn.
Moreover, the MVRV ratio is surging as it touches 1.31. A retest near 1.5 will become bullish for the BTC price to push it above the $30K level, as seen in the previous bull run. The MVRV ratio, comparing Bitcoin’s market cap to its fair-value model, can hint at its current valuation. A value above one suggests Bitcoin may be overpriced, while a value below one indicates it could be undervalued.
What’s Next For BTC Price?
Bitcoin is on the brink of breaching its tight range toward a lower value. It appears that the cryptocurrency markets are echoing the trends in the U.S. equities markets, which have experienced a two-day decline amid the uncertainty surrounding debt ceiling negotiations.
Bitcoin hit the 20-day EMA of $27,219 on May 24, but the bulls failed to break this resistance, leading to aggressive selling by the bears. The bears are now attempting to keep the price below the immediate support of $26,650. If successful, the BTC price could drop to the crucial support at $25,250, a level likely to see a fierce contest between the bulls and the bears. As of writing, Bitcoin trades at $26,786, gaining over 2% in the last 24 hours.
The 20-day EMA remains the primary resistance that the bulls need to overcome for a sustained recovery. A shift in the short-term trend could be indicated once the bulls push the price above this resistance line.
NFT Toys Make it Big on Amazon as Tron, Polkadot and Big Eyes Coin Lead Best Crypto Projects in 2023
The toy industry is a lucrative market, valued at over $100 Billion in the US alone. Disney, Pokémon, Barbie and Legos all hold a thick piece of the pie of the toy market cap, and it’s hard to foresee a future where this monopoly can be toppled.
However, in May 2023, Amazon debuted a new toy collection, Pudgy Penguins, which generated over $500,000 in 2 days—outselling the most popular toy brands within the 48-hour cycle.
Pudgy Penguins isn’t an ordinary toy collection; it’s the new ‘NFT Phygital’ toy collection. Purchasing a phygital toy allows you to experience the toy physically and virtually. Therefore, you would be able to play and trade your toy anywhere! Whether it’s your bedroom or the metaverse.
What Pudgy Penguins does differently from other phygital toy collections is that each toy is registered on the blockchain as an NFT. This means every Pudgy Penguin can have their origins and trading history validated on the blockchain to bring user security when trading collector items and defeating knock-off culture in the process.
Phygital NFTs include even more benefits over traditional toys and phygital toys. Polkadot, Tron and Big Eyes Coin are leading some of the top 10 crypto projects that take full advantage of Phygital NFT capabilities.
Polkadot’s Network Boosts the Tradability of Phygital Toys
Polkadot (DOT) is a layer-0 protocol with ambitions to be designed as a future decentralised web for all blockchain networks, cryptocurrencies and DApps. The Polkadot layer-0 network will encourage user trade and business amongst crypto communities, and with the rise of NFT phygital toys—DOT will allow the market to thrive with niche brands—driving NFT phygital toys to become the leaders of the toy industry.
Tron Empowering Phygital Creators
Launched in 2017, Tron (TRX) is a decentralised blockchain platform dedicated to content creation. Tron wants to be part of the new Web 3 Internet that prioritises content creators to empower them with online income earning opportunities. A sector positioned to dominate the Tron space will be NFT phygital creators. Content creators can use the network to create games connected to NFT phygital toys to provide more incentive for purchasing a phygital toy.
Big Eyes Coins Strategic Position in the Phygital Market
A meme coin represented by cat memes and themed around cutesy art makes it a perfect candidate to enter the NFT phygital space. In fact, Big Eyes Coin (BIG) have great ambitions to become more than just a meme coin such as DOGE and PEPE. BIG are building an ecosystem where transactions, gaming, and online browsing are all carrying the Big Eyes theme.
BIG have already announced they will be launching 4,000 casino games and numerous P2E games on August 29th 2023. The community will be able to spend their earnings at the NFT marketplace, then strut their stuff with digital assets at the NFT Sushi Crew—a virtual club for the community to socialise and trade NFTs.
NFTs and P2E gaming are already key parts of the Big Eyes Coin experience, directly attracting an audience drawn to Phygital that combines gaming and NFTs. BIG is positioned as a future leader in the gaming and NFT space—it goes to show with BIG already securing $36 million in pre-sales.
Conclusion: Phygital Expansion Continues
With NFT phygitals starting to attract mass audiences, consumers want to look for the most creative and attractive toys.
With BIG’s cutesy art style and fun ecosystem, BIG NFTs and phygitals show great promise in the future when Big Eyes Coin comes out of pre-sale on June 3rd 2023. Early investors have a lucky limited-time-only offer they can take advantage of now that prices BIG tokens at the stage 3 price of $.0.00017.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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DeFi is Dead. Move over Aave and Curve, Avorak and AI Crypto are the Next Big Things
For the longest time, blockchain technology has embraced evolution within the digital universe. The ecosystem has now integrated artificial intelligence (AI) thanks to Avorak AI. The combination is said to be a futuristic improvement to humankind as there will be massive benefits in various fields such as medicine, sports, and agriculture. Additionally, with the inauguration of AI projects like Avorak, cryptocurrency will have massive adoption as both blockchain technology and AI continue to grow.
What is Aave?
Aave is a digital currency lending platform that allows users to borrow cryptocurrencies. In a nutshell, users get to offer their digital assets to the platform in return for acquiring profit. Conversely, users can borrow virtual currency from the platform and pay interest in return. The platform is an Ethereum-based blockchain protocol. Therefore, this indicates that the project utilizes smart contracts in conducting all transactions.
The lending platform’s native token is AAVE which allows participants of the protocol to conduct transactions such as staking for earning rewards and trading on various exchanges. Users also get governance benefits in the voting system of Aave by owning the token.
What is Curve?
Curve is a blockchain protocol that utilizes various digital currencies to operate automated market-making services (AMM). Curve’s AMM is comprehensively based on stablecoins. Stablecoins are digital assets pegged to mimic fiats, such as dollars, and other tangible assets, such as Gold and Silver.
Being developed on the Ethereum main net, Curve utilizes smart contracts to conduct and conclude transactions. The native token for the Curve is CRV. CRV enables participants to conduct activities such as buying and selling digital assets. The native token also allows users to become a decentralized autonomous organization (DAO). In this case, they can partake in conducting changes related to the protocol.
Avorak the Next Blockchain Ecosystem?
Integrating artificial intelligence and blockchain technology is needed to increase digital currency adoption. Therefore, Avorak comes in handy, forming a part and parcel of the revolution to change the old model. Avorak is regarded as a cryptocurrency that embeds blockchain technology and artificial intelligence to allow various activities. The infrastructure has an inbuilt mechanism called Avorak Trade that facilitates automated trading activities for clients through automatic API and bots with abilities to generate exclusive trading indicators.
The ecosystem is designed to reduce human tasks and work time, including text generation, creative works, and trading. For this to occur, the digital asset project has its native currency, dubbed AVRK, which acts as fuel for the environment. In other words, AVRK is the AI crypto of the ecosystem.
AVRK has a maximum supply of 40 million with an impressive distribution face as there will be 28 million tokens for public ICO, 2 million for primary staking pool, 1.6 million team allocation, 2 million for marketing funds, 4 million for CEX tokens, and an initial liquidity of 2.4 million. The native tokens allow participants to partake in the operations held by Avorak’s artificial intelligent accessories. Moreover, they will be able to receive rewards from the revenue Avorak makes which accounts to 49% of the total revenue.
The project aims to utilize a proof-of-learning mechanism since artificial intelligence is based on a time-to-time learning schedule for the learning software to keep up with recent developments. Moreover, the project has a deflationary program of burning 2% of its tokens to enhance stability and proper operation while at the same time rewarding holders in the long run.
Bottom Line
The blockchain ecosystem has experienced massive development over time. Regardless of whether or not there isn’t a need for a quick divert to the quickly rising artificial intelligence, the decentralized system needs to join the bandwagon. Joining the wave will signify a reduction of workload not only for users but also for the developers. Avorak seems to be a suit for the place as it combines both blockchain technology and artificial intelligence.
Learn more about Avorak AI:
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Big Short Investor Michael Burry Reveals Portfolio: Why Is He Betting On Distressed Banks?
In a surprising move, renowned investor Michael Burry has unveiled his latest portfolio, signaling his confidence in distressed US regional bank stocks. Burry, best known for his successful bet against the 2007 mortgage bond market, is once again making waves in the investment community with his strategic choices.
As the US regional banking crisis continues to get worse, his selection displays some hope. Read on for some interesting insights!
A bet on Sinking boats?
The US banking crisis has underscored the disparity between Wall Street giants and smaller banks, with Silicon Valley Bank and Signature Bank being hit the hardest. This turmoil has created a climate of fear and uncertainty among investors. However, Burry, known for his contrarian approach, sees opportunity where others see risk. He believes that this crisis presents a unique buying opportunity, as the stocks of these distressed banks trade at their lowest levels.
Burry’s Portfolio
According to his annual shareholder report, he has strategically invested in a range of distressed banks, including New York Community Bancorp, Capital One, Wells Fargo, Western Alliance Bancorp, Huntington Bancshares, PacWest, and First Republic Bank.
Additionally, his portfolio includes major holdings in JD.com and Alibaba Group.
Like Jerome Powell said earlier these banks heavily depend on big shots to invest while most of the top-rated US banks are still healthy, despite the slump.
Another Market Bottom On The Horizon?
Drawing parallels to his famous short position against the 2007 mortgage bond market, Burry has indicated that he envisions a similar scenario unfolding in March 2023. This prediction has garnered attention and piqued the interest of market observers who closely follow his investment moves.
Big Eyes Coin Gears Up For Meme Coin Season, Presale To Wind Down On June 3rd
Big Eyes Coin is launching amidst the growing momentum behind meme coins. Can the feline-themed token seize the moment and ride the meme coin wave?
Big Eyes Coin (BIG), the token leading the biggest presale in recent crypto history, is set to end its presale on June 3rd. The Big Eyes presale has brought in an astonishing $35 million and it shows no signs of slowing down. The project has exceeded expectations and has shot past its funding goal.
Big Eyes: Finding The Winning Formula For Meme Coins
As meme coins add more utility to their ecosystems, they have renewed investor interest, and Big Eyes plan to launch in time to ride this wave. Big Eyes is built around the idea of being an asset that has utility. The token has stated from the beginning that it plans to build a comprehensive ecosystem that can host DApps and DeFi projects.
Big Eyes bills itself as a community token with the express goal of shifting wealth into the DeFi ecosystem. The token has also stated that protecting the world’s oceans is one of its core goals. The token is built on the Ethereum blockchain and will offer its community a whole host of services from its ecosystem.
BIG will have a total supply of 200 billion, and 80% will be available on launch. The modest supply of BIG compared to the unlimited supply of Dogecoin and a quadrillion of Shiba Inu gives it a leg up in having more value.
The Big Eyes presale is one of the most subscribed presales in recent years, and the rush can be attributed to the project’s plans for its ecosystem. One of the things that kept the presale exciting was the offer of Loot Boxes or offered bundles that would reward buyers. One Loot Box offered buyers NFT cards that they could use to mint BIG NFTs. BIG NFTs are the first step in building the Big Eyes ecosystem.
One thing that makes Big Eyes the investor’s favourite is its focus on building DeFi projects in its ecosystem. Big Eyes has stated that it has identified DeFi as the wealth creator for its community. As the traditional financial system makes way for the DeFi ecosystem, pushing for it will pay rich dividends for the network and its community.
Big Eyes has stated that it will launch on Uniswap on June 15th. The team has also stated that BIG will be available on major exchanges soon after launch. The cat crew has released the END300 promo code to celebrate the successful close of the presale. The END300 promo code gives buyers a 300% bonus of BIG tokens on top of their purchase.
The Soft Side Of The Serious Kitty
Big Eyes stand out from other meme coins with its focus on utility and the ecosystem. The project has placed a premium on building solid fundamentals for the network with NFTs and smart tokenomics. But the Big Eyes network is not tied to the serious and obscure world of crypto. The project is community-oriented to the core and is also committed to giving back to the planet. The project has pledged 5% of its total supply to a charity wallet that will donate to projects aimed at protecting the oceans. The Big Eyes community can decide on the projects and causes the network donates to.
Big Eyes will enter a crypto market ready for meme coin season. The project is primed to cash in on this moment with its focus on DeFi. Its focus on community and charity makes the project stand out from the sometimes faceless crypto crowd. If the stellar showing of Big Eyes in presale is any indication, the meme coin could take on the likes of Dogecoin and Shiba Inu and walk away victorious.
For More on Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Opensea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin
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Big Eyes Ready To Launch As Market Closes In On Others
While this year has observed the recovery of the crypto market, some Cryptocurrencies are yet to break free. While Binance has remained in proximity of a strong resistance zone, Monero is caught under the burden of the trading volume. Meanwhile, the brand new Big Eyes Coin is ready to launch, but not before giving users one more chance to make the most of one of their paw-some offers. Read on to know it all!
Will Binance Break Through?
Binance Coin (BNB) has been trying to break away from a resistance zone at the $320 mark this past week. The native token of the world’s largest DEX has seen dips throughout the week, and signs of a bearish trend were evident since the bulls struggled to retain composure. Data from crypto news website newsbtc.com points towards a bearish line forming near the $333 mark.
BNB needs to make it past the $335 resistance zone to trigger bullish moves. If it fails to do so, it will fall to the $320 support level.
Monero Caught Between Trading Volumes
Monero (XMR) is an open-source cryptocurrency that was introduced in 2014. Monero highly values user privacy, hence details like the identity of users and the amount of money involved remain hidden. This is also true with transaction history, a feature that is unavailable even on Bitcoin’s blockchain. This allows users to keep their held units free from being blacklisted or refused.
At the time of writing, XMR is trading at $156.15, which is about 149% more than its lowest price and about 64% lower than its highest price in the past year. Whereas weekly data from Investors Observer shows low trading volume in the past week.
Big Eyes Coin: The Cat Is Out Of The Bag!
After having run a presale that broke Ethereum’s record, DeFi Memecoin Big Eyes (BIG) has recently confirmed their launch date: June 15th! This comes with an update in their roadmap: their very own Casino! But that’s not all.
A presale that not only brought together a passionate and fun-loving community with its attractive features and contests but also raised an impressive $35.55 Million that cannot end without a bang! For a very limited time, users may use the Double Up feature to double their wallet holdings for only 25% of their deposits!
Aside from that, there is also the offer that allows users to use code END 300 to win a bonus of 300% on the purchase of BIG tokens as well as their Lootboxes. If you’re wondering what those are, they’re just packages you can buy to win rewards that are always worth equal to or more than the price you paid. How often do we even get something with no risk and guaranteed returns in crypto? Worth a shot, right?
The Crypto market is not short of breakthroughs, or technically, breakouts, and most AltCoins are required to make it through difficult areas to be able to display a sustained upward trend. Oftentimes such trends are only subject to market volatility and are thus unpredictable. This has been the case with Binance Coin, currently struggling to break free from a crucial resistance zone. The focus on utility is what attracts investors, and with Monero’s focus on safety, it can surely provide some assurance to its users. However, the non-traceability of transactions also means assets can be used for unethical or immoral reasons. On the other hand, Big Eyes Coin focuses on utility, community-building as well as rewards, making it a win-win situation for its users. This makes it a contender in crypto, and a memecoin that is here to stay.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy1.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
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