Cardano (ADA) and Polkadot (DOT) Holders Buy Into Shiba Budz (BUDZ), Here’s Why
In recent months, an interesting trend has emerged in the cryptocurrency market. Cardano (ADA) and Polkadot (DOT) holders are increasingly showing interest in a relatively new token called Shiba Budz (BUDZ). This article aims to explore the reasons behind this growing trend and shed light on the appeal of Shiba Budz (BUDZ) for Cardano (ADA) and Polkadot (DOT) holders.
Shiba Budz: Garnering Attention
Shiba Budz (BUDZ) is a cryptocurrency with innovative features and a promising roadmap. It serves as the main currency within the Shiba Budz (BUDZ) ecosystem, facilitating transactions and gaming interactions. Cardano (ADA) and Polkadot (DOT) holders are attracted to its potential utility and value in their crypto portfolios. Shiba Budz (BUDZ) is compatible with decentralized gaming, allowing gamers to participate in community rewards and earn additional BUDZ tokens. The token also offers rewards and loyalty programs. Allowing holders to participate in multi-reward competitions and earn tokens for their contributions. This incentivizes community engagement and fosters loyalty among Cardano (ADA), Polkadot (DOT), and BUDZ holders.
ADA and DOT Holder Interest
Cardano (ADA) and Polkadot (DOT) are popular crypto projects due to their innovative technologies and scalability potential. They have attracted a dedicated community of supporters and investors. Recently, many Cardano (ADA) and Polkadot (DOT) holders have started diversifying their portfolios by investing in Shiba Budz (BUDZ). This interest is driven by the desire for exposure to different crypto projects and the unique value proposition of the token, built on a decentralized blockchain. This aligns with the ethos of Cardano (ADA) and Polkadot (DOT), making Shiba Budz (BUDZ) an appealing investment option for these projects.
ADA And DOT: Market Trend
To understand the trend of Cardano (ADA) and Polkadot (DOT) holders buying into Shiba Budz (BUDZ), it is crucial to analyze the market dynamics surrounding these cryptocurrencies. Cardano (ADA) and Polkadot (DOT) have experienced significant growth and a strong community following. This positive sentiment has spilled over into the interest in Shiba Budz (BUDZ).
Trading volumes and investor sentiment play a vital role in shaping market dynamics. The increased trading volume of Cardano (ADA) and Polkadot (DOT) might indicate higher liquidity and interest in these tokens. As Cardano (ADA) and Polkadot (DOT) holders explore new investment opportunities, they may be drawn to Shiba Budz (BUDZ) due to its potential for growth and the opportunities it presents within the crypto ecosystem.
The influx of Cardano (ADA) and Polkadot (DOT) holders into the Shiba Budz (BUDZ) ecosystem could foster collaboration and partnerships between these projects. The shared vision of decentralization and innovation could lead to exciting developments in the crypto space, benefiting Cardano (ADA), Polkadot (DOT), and BUDZ holders and the entire community.
Conclusion
Cardano (ADA) and Polkadot (DOT) holders are increasingly interested in Shiba Budz (BUDZ), a cryptocurrency project that aligns with their ethos and aims to foster collaboration and innovation. The growing interest in Shiba Budz (BUDZ) is a testament to the dynamic nature of the cryptocurrency market, as it offers compatibility with decentralized gaming, rewards, and loyalty programs. As the crypto market evolves, observing how this trend unfolds and its impact on the ecosystem will be fascinating. Shiba Budz (BUDZ) presents exciting opportunities for both projects and communities.
Sign Up and Join the community via the website:https://shibabudz.org/ and Social media links: https://t.me/ShibaBudzP2E, https://twitter.com/ShibaBudz
H.C. Wainwright & Co. Initiates Buy Rating for Bitdeer with $20 Price Target!
Investment brokerage firm H.C. Wainwright & Co. has given Bitcoin mining company Bitdeer a Buy rating and set a $20 price target. According to analyst Mike Colonnese, Bitdeer has seen a 124% increase in self-mining for August compared to the previous year, with a 74.1% growth compared to July. The positive outlook on Bitdeer has also seen increased holdings from investment firms IDG, VanEck, and Vident Investment Advisory. Bitdeer operates a global platform that allows individual miners to access mining rigs and data centers, making it more accessible for those seeking to mine bitcoin.
Crypto Market Prediction: Analyst Maps Buy Levels For Bitcoin and Major Altcoins
In the world of cryptocurrency, the winds of uncertainty are blowing, with many predicting a forthcoming market selloff. If these predictions materialize, the total valuation of the crypto market may dip below $1 trillion once again. Historically, September, particularly before Bitcoin’s halving, has proven to be a bearish month for the leading cryptocurrency and the broader altcoin industry.
Notably, on-chain data reveals that institutional funds are steadily flowing into the market, regardless of the price volatility that has been witnessed recently. Just last month, an address holding more than $3 billion worth of Bitcoins was traced back to Robinhood Markets, further underscoring the growing institutional interest in the crypto space.
Bitcoin and Altcoins Predictions
According to a prominent crypto analyst, known as Blockchainedbb on the X platform, the crypto market is on the cusp of a significant buying opportunity. The analyst anticipates a drop in Bitcoin’s price, with a projected range between $19,000 and $21,000 in the near future. However, Blockchainedbb does not foresee Bitcoin falling below the $18,000 mark again.
Turning to the altcoin market, the analyst anticipates a similar trend, with Ethereum poised to drop by approximately 23%. Ethereum’s price is expected to range between $1,000 and $1,200 in the coming weeks. Furthermore, the analyst has issued price targets for select altcoins, including Solana (SOL) at around $10, OCEAN at $0.20, Ripple’s XRP at 40 cents, TRIAS at $2.90, and Elon Musk-backed Dogecoin (DOGE) at $0.04.
However, it’s worth noting that the crypto market has displayed a propensity for sudden upswings, even amidst bearish sentiments that have led to mass trader liquidations.
Borroe.Finance Are Top Cryptos To Buy!
On Aug.16, Shiba Inu (SHIB) announced its successful launch of the Shibarium mainnet, an Ethereum layer-2 scaling solution. The launch followed months of rigorous testing involving millions of users participating and creating 21 million wallets.
Amidst the exploration of new DeFi projects, Investors are also talking about Borroe.Finance($ROE): An AI-powered NFT marketplace tailored for Web3 businesses, enabling them to seamlessly raise funds by transforming their forthcoming, repetitive revenue streams, such as subscription earnings, into NFTs and offering them to investors.
Shiba Inu’s Key Milestones
Shiba Inu’s newly introduced blockchain network, Shibarium, represents a significant endeavour to address some long-standing challenges within the Ethereum ecosystem. This innovative blockchain operates as an extension of the Ethereum blockchain, offering seamless interaction with the primary Ethereum blockchain, called Layer 1.
Shibarium utilizes a new consensus mechanism named proof-of-participation (PoP). PoP selects validators based on their cryptocurrency holdings. This Layer 2 (L2) blockchain solution is designed for smooth interaction with the primary Ethereum Layer 1 blockchain, focusing on scalability and cost-efficiency, positioning it as a contender in the DeFi space. It incorporates an efficient block validation process to enhance its overall functionality.
Shibarium leverages the Heimdall validator and Bor block production nodes to power its operations, a configuration reminiscent of the Polygon ecosystem.
In practical terms, Shibarium operates as an Ethereum layer-2 network, allowing users to pay transaction fees with SHIB tokens. This strategic move aligns with a broader initiative to transform Shiba Inu from being an ERC20 token meme coin with zero utility to one of the best altcoins in the blockchain landscape.
This recent achievement of Shibarium hints at a promising future for Shiba Inu and its native token, SHIB.
While Shiba Inu and Shibarium have been making headlines, Borroe.Finance ($ROE) has quietly positioned itself as a rising star in the cryptocurrency world. It differentiates itself by offering a unique approach to fundraising operations in the Web3 space.
Borroe.Finance ($ROE) Attracting Investors.
Borroe.Finance is an AI-driven Web3 funding marketplace that allows content creators and other participants in the Web3 space to mint NFTs representing future earnings from sources like subscriptions, invoices, and royalties and sell them to collectors for upfront cash. This model provides a new way for creators to access funding.
The Borroe.Finance platform is distinguished by its incorporation of AI risk assessment, blockchain technology, and smart contracts, all of which collectively contribute to a secure and streamlined fundraising process. This methodology supports a peer-to-peer ecosystem wherein buyers can readily trade discounted invoice NFTs on secondary markets.
The Borroe.Finance ecosystem also facilitates automatic repayments, a feature that enhances buyer convenience. This model aligns with the objectives of the Web3 movement, emphasizing user empowerment and ownership, thus laying the groundwork for a future in which users derive greater value from their contributions.
What truly sets Borroe.Finance apart is its ingenious funding mechanism. It leverages NFTs to transform future invoices into enticing digital collectables that can be readily exchanged for liquidity. This provides a novel funding source and adds depth and liquidity to the NFT market.
By integrating NFTs, Borroe.Finance fortifies its ecosystem, fostering both financing opportunities and tradability. This strategic move positions it as a platform for investors to find the best NFT to buy right now.
$ROE tokens
In its ongoing presale, Borroe.Finance ($ROE) has already demonstrated its appeal. With over 74.79% of its $ROE tokens on offer sold to investors. Projections hint at a potential price surge to $0.040 by the culmination of the 7-stage presale event, indicating strong market interest.
Moreover, $ROE’s deflationary nature instills it with the qualities of a lasting store of value. Designed to encourage long-term holding, discourage excessive spending, boost scarcity, and foster broader adoption, it exemplifies a well-rounded cryptocurrency.
To further reinforce its credibility, Borroe.Finance smart contract has successfully undergone auditing by BlockAudit. And underscoring its commitment to security and reliability in the ever-evolving DeFi landscape.
Summary
As newcomers seek guidance to discover the best cryptocurrencies suitable for beginners and experienced investors to explore. The top crypto coins or the most promising crypto investments, the launch of Shibarium has expanded the Shiba Inu ecosystem, increasing SHIB’s appeal. The integration of Shibarium has brought new opportunities for users to engage in decentralized finance (DeFi) projects.
Additionally, Borroe.Finance has drawn recognition for its ongoing presale, distinguishing itself as the coolest NFT platform of 2023. It is the world’s first NFT marketplace to feature an instant funding capability tailored to Web3 enterprises. These advancements reflect the evolving landscape of cryptocurrency investment options, catering to both newcomers and seasoned investors.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
Did QUBE Prove To Be A Better Buy Than XRP And SHIB?
The cryptocurrency market has witnessed a notable surge in investor activity amid the launch of many new projects. These new altcoins offer unique and innovative features that are not provided by pioneering blockchain projects like Bitcoin and Ethereum. The XRP Ledger’s native token, XRP acts as a bridge between the hard-to-pair fiat currencies while SHIB is a meme token backed by multiple cases.
However, a newly launched AI fundraising platform known as InQubeta (QUBE) is a new altcoin to watch out for. The project has achieved remarkable success during its presale event and has already amassed $2.9 million in funds. The ticker symbol QUBE represents the native token and offers several earning opportunities to its holders through staking, trading, and participating in the investment of AI startups. InQubeta’s project has not only appealed to the start-up community but also to investors of all classes due to its novel idea of fractional investment. Crypto analysts globally claim that QUBE might be the best cryptocurrency to buy for long-term gains.
InQubeta’s Crowdfunding Platform Aiming to Head the Cryptocurrency ICO List of the Year
InQubeta is the world’s pioneer cryptocurrency fundraising platform that allows investors to participate through the fractional investment route in AI startups. The platform aims to focus on the idea of investing, engaging, rewarding, and innovating to enable AI-driven startups to raise funds and engage with the community. Pumping the entire InQubeta ecosystem is its native token, QUBE, and an NFT-based marketplace where the startups can list their NFTs tagging them with rewards and equity to the company.
Potential investors can browse through the platform and purchase the NFTs of their choice using the QUBE token. The process is fairly simple. Once the purchase has been made, the corresponding startup receives the funds to propel their growth while the investors become a part of the profit sharing and get exclusive access to the products and services and/or equity of the startup.
The holders of the QUBE tokens have the right to participate in the governance of the InQubeta protocol. Users are entitled to the ability to propose, discuss, and vote on various aspects pertaining to the development and operation of the platform. QUBE Holders can also stake their tokens to earn rewards from the reward pool which is funded through the 5% proceeds from all the transactions within the network. QUBE being an ERC-20 deflationary currency ranks among the best cryptocurrencies to buy today. The token is currently priced at $0.013. Many security firms conducting audits have voiced positive reviews for the InQubeta platform.
Hurry and get a chance to be among the early adopters of InQubeta’s community-driven ecosystem by visiting the presale site to buy the QUBE token.
XRP: Public Blockchain with the ability to provide Quicker and Low-cost Payments
XRP is the in-house cryptocurrency of the XRP Ledger, which is an open-source decentralized technology designed to enable faster and cheaper payments. The XRP Ledger is the first to feature decentralized exchange (DEX) and custom tonalization abilities built into the protocol. The network has gained immense attention for its low cost, high speed, and scalable attributes in the cryptocurrency market.
The XRP token is a bridging currency and powers the entire XRP operation. It allows the users to conveniently convert one currency to another by using XRP as an intermediary token. This new altcoin is the top pick of many investors because of its ability to settle cross-border transactions in less than five seconds.
SHIB: A Meme Token Backed by Several Products and Services
SHIB is the native cryptocurrency of the Shiba Inu Ecosystem and is backed by several use cases. The ecosystem comprises three separate tokens: BONE, LEASH, and SHIB which the users can stake, exchange, or add to the liquidity pools on its decentralized exchange platform, ShibaSwap to earn incentives and rewards.
The power of governance is vested in the hands of BONE token holders. The Shiba Inu ecosystem has also recently launched its layer-two Ethereum-built blockchain network, Shibarium. Shibarium is designed to facilitate low-cost and efficient transactions while focusing on the burning of SHIB tokens.
Conclusion
These top three altcoins present themselves as investment-worthy picks with the potential to generate substantially high returns. However, InQubeta’s crowdfunding platform is the best altcoin currently if you are wondering what crypto to buy now for long-term returns.
Powered by the Ethereum network, the QUBE platform aims to revolutionize the AI startup industry by providing easy access to funds. The platform is designed to benefit both the investors and AI startups creating a democratic and accessible ecosystem. The QUBE token could potentially rise in value and prove to be a much better buy in the long term due to its unique utilities and decentralized governance structure.
Cardano Price: Top Reasons Why ADA is The Best Altcoin To Buy Right Now
In recent months, the Cardano (ADA) ecosystem has displayed remarkable resilience in the face of adversity from various geographical fronts. Notably, the United States labeled this smart contract platform as heavily centralized and accused it of violating securities laws.
Consequently, the leading cryptocurrency exchange, Binance, removed ADA perpetual contracts from its offerings on August 17, 2023. However, Cardano enthusiasts need not fret, as quarterly Cardano futures contracts and regular ADA spot charts remain accessible for traders and investors.
Cardano Price Potential Rebound
CryptoBusy, a UK-based digital asset analyst with a substantial following of over 121k on the X platform, believes that the current market conditions present an opportune moment to purchase and accumulate more Cardano (ADA). This assessment is grounded in a comprehensive analysis of both fundamental and technical factors.
According to CryptoBusy, Cardano’s price is presently retesting a support level for the third time this year, following substantial losses in the previous year. Furthermore, the weekly Relative Strength Index (RSI) indicates a rising divergence, suggesting the possibility of an imminent breakout.
The crypto analyst also highlighted the Cardano network’s remarkable performance, with a staggering 1,700 percent increase in on-chain transactions. This surge has been propelled by the burgeoning DeFi (Decentralized Finance) ecosystem. Data from defillama reveals that Cardano’s total value locked (TVL) has experienced exponential growth, reaching approximately $160 million year-to-date.
Robinhood to Buy Back $605.7M in Stock from FTX Founder; Court Approves Deal!
Robinhood, the online brokerage company, has been approved by the US District Court in New York to buy back $605.7 million worth of shares owned by FTX founder Sam Bankman-Fried. The approval comes after a legal battle between the two companies over Robinhood’s decision to restrict trading in certain stocks, including GameStop, in early 2021. As part of the settlement, Bankman-Fried agreed to sell his shares back to Robinhood at a price determined by an independent valuation. The buyback is expected to be completed in the coming weeks.
Is it Too Late to Buy Bitcoin? XRP Lawyer John Deaton Weigh in!
In a world where volatility is the only constant, the sense of “being too late” often grips cryptocurrency enthusiasts. John Deaton, the legal maestro behind CryptoLawUS, recently shared his own experience on Twitter. He was gripped by the same FOMO when he first invested in Bitcoin at $9K, only to watch it soar to $19K and then nosedive. And guess what? Even Michael Saylor, an MIT rocket scientist and CEO of MicroStrategy, thought he was late to the party when he started buying Bitcoin at $30K.
The Numbers Game: Still Early Days
Hold your horses before you write off your crypto dreams. Current stats tell a different story. A mere 6% of Americans were invested in crypto in 2020, according to data. Fast forward to 2021, that number rose to roughly 22% of the US adult population. Globally, only 219 million people own Bitcoin, a mere drop in the bucket when you consider the world’s population is around 8 billion. Simple arithmetic tells you one thing: we’re still pioneers in a digital Wild West.
Forbes Chimes In The Dollar Cost Averaging Strategy
“Is it time to buy Bitcoin?” That’s the million-dollar (or perhaps Bitcoin) question. Forbes thinks so! They recommend a strategy as old as the investment itself—dollar-cost averaging. In simple terms, this means buying a fixed dollar amount of Bitcoin at regular intervals, irrespective of its price. This practice enables you to ride out the market’s inherent volatility and lowers the average cost of your investment over time.
This isn’t rocket science—it’s financial prudence. So, whether you’re a newcomer or an investor who’s been burned before, let go of that FOMO. Market trends and financial recommendations seem to hint that the Bitcoin rocket still has plenty of space for more astronauts.
The Chance To Buy Bitcoin Spark and Bitcoin Cash Today
The crypto market’s next predicted bull run is quickly approaching. And experts suggest you should take this chance to capitalize on Bitcoin Spark (BTCS) and Bitcoin Cash (BCH).
What is Bitcoin Cash (BCH)?
Bitcoin Cash (BCH) is a cryptocurrency that emerged in August 2017 through a hard fork of the Bitcoin blockchain. It was created to address Bitcoin’s limitations on transaction speed and cost-effectiveness, which was achieved by expanding the block size. Therefore, Bitcoin Cash maintains many aspects of Bitcoin, including using a Proof-of-Work (PoW) consensus mechanism and having a limited supply of 21 million. It however distinguishes itself by offering faster and more affordable transactions, making it a more practical choice for everyday transactions when compared to Bitcoin.
What is Bitcoin Spark (BTCS)?
Bitcoin Spark is the latest Bitcoin fork. This innovative fork retains only the favourable aspects of BTC, such as the capped supply of 21 million, while introducing changes steered towards bringing a new age of crypto.
To ensure the network has faster transactions and lower gas fees, it will have increased individual block transaction capabilities, reduced block time, and a heightened number of nodes.
Bitcoin Spark boosts its utility by supporting smart contracts. The network will have an integrated smart contract layer that enables developers to use multiple programming languages, both high-level and low-level. This unique approach will promote many smart contract styles and decentralized applications (Dapps) within Bitcoin Spark.
Bitcoin Spark network
Notably, the Bitcoin Spark network uses a proprietary consensus mechanism, the Proof-of-Process (PoP). The PoP rewards miners for validating blocks and providing network processing power. Bitcoin Spark uses the PoP in combination with an algorithm that restricts linear rewards based on raw processing power to ensure a more equitable distribution of rewards. The Bitcoin Spark team will provide an application that can be installed on all Windows, Linux, Mac OS, iOS, and Android devices and enable users to mine by granting access to their device’s processing unit. The application creates a virtual environment separate from the device’s processing unit to ensure security. The app will also adjust the device resources used for mining to account for overheating, battery, and simultaneous usage needs. Thus, the work and power required to mine BTCS is relatively lower, opening it up to virtually anyone.
The miners’ processing power will be rented out to organizations and individuals who require significant computational power. Those using the network for remote computing will pay with BTCS, which will be allocated to the mining pool, supplementing the BTCS minting rewards.
The Bitcoin application and website will have small, unobtrusive slots for advertisements. The community will be responsible for policing the ads, with any BTCS holder having a chance to vote out an ad based on several factors, including non-conformity to the platform’s guidelines. Miners and network participants will also share in the revenue made from this service.
Reviews of Bitcoin Spark suggest great growth potential. The progress of the project’s Initial Coin Offering (ICO) also suggests investors are confident in its prospects. The ICO is in Phase 3, selling BTCS at $2.00, which is complemented by a 12% bonus. Investing at this level guarantees a 560% profit by the end, and with Phase 4 starting on September 1st, investors are flocking to get these amazing benefits.
Conclusion
Bitcoin Cash (BCH) and Bitcoin Spark (BTCS) share some similarities with Bitcoin (BTC), suggesting potential for significant returns, especially in a favourable market. Nonetheless, you should still do your own research before making any commitments.
To get more information on Bitcoin Spark:
Website: https://bitcoinspark.org/
Top Three Altcoins to Buy For Massive Gains This Bull Run
In the turbulent waters of the cryptocurrency sea, having a guiding compass can be a game-changer. Cryptocurrency expert and influencer, Ben Armstrong, recently highlighted three coins he believes are primed for significant growth. Should the altcoin market take a nosedive, these are the crypto gems Armstrong suggests you turn your attention to.
Riding the XRP Wave
XRP has been making waves in the crypto community, not least because of its recent price fluctuations. While it experienced a rise, doubling in value, it subsequently faced a 50% decline, landing it around the $0.50 mark.
Many are speculating that should XRP’s value slide down to the $0.30 range, it would be an opportune moment to invest. Ben says that the aftermath of its lawsuit has largely settled, and as the next bull cycle approaches, having XRP as a primary asset in one’s portfolio might prove lucrative.
Chainlink: The Silent Connector
While much of the crypto community’s focus has been on Layer 2 solutions like Polygon and Arbitrum, Ben says Chainlink quietly carves its niche. Think of it as the bridge between the virtual world of blockchain and the tangible real world.
Chainlink’s oracles act as connectors, pulling data from the real world and integrating it into the blockchain. Despite its understated performance in the recent bull market, Chainlink, with its vast partnerships and strong community backing, remains the undisputed leader in the Oracle arena.
Ben believes the crypto will increase significantly during the next bull run.
The Dogecoin Surprise
Turning heads and raising eyebrows, Dogecoin’s endorsement comes from its potential integration into what many are dubbing the “Everything app” – a platform previously known as Twitter.
The brainchild of Elon Musk, this app could revolutionize microblogging by introducing an in-app economy, says Ben. While Bitcoin and Ethereum are expected mainstays, Dogecoin, with its anticipated integration into this platform, might just become the dark horse that astounds us all.
Is it a Good Time to Buy XRP; When Will the XRP Price Trigger a Bullish Breakout?
The crypto markets nowadays have become passive without manifesting any significant price action. The volatility has again dropped to ground level after experiencing a minor upswing in recent times. Primarily, Bitcoin continues to remain stuck in a minor region, which has compelled the entire crypto space to remain indifferent.
In the meantime, the XRP price is displaying chances of undergoing a bullish breakout, which may even attract huge profits. The current trading setup indicates the price is on the edge of prolonged consolidation. This breakout could to attract massive profits, which may even range to a 3-digit figure too.
The XRP price is currently retesting the major trend line from 2022, which suggests a bullish rebound could be fast approaching if the bulls display some strength. This trend is also a part of the ascending parallel channel on the daily chart, which strengthens the support. Besides, the price is also supported by a strong 0.618 FIB retracement on the LOG scale. Therefore, the current levels can turn out to be a good buy time for XRP.
But Why?
Considering the volume, it can be seen that the bullish volume has been prevailing strongly since the 2022 drop despite the bearish influence. Therefore, it may be a positive indicator of the XRP price. From the Elliott wave perspective, it is a really strong setup. The price has a 1-2-1-2 nest, which is a bullish case. Hence, with the 3rd wave, the price may trigger a healthy upswing towards the higher targets.
Interesting Read: XRP’s Security Status: Attorney Deaton Offers Insight Amidst SEC Appeal In Ripple Vs SEC lawsuit
Now that XRP has partially won the lawsuit against the SEC, it doesn’t mean the impact has faded, but a steep jump may be fast approaching. However, the new developments in the lawsuit are in the bull’s favor, leaving no reason for the token to maintain a descending trend ahead.
Therefore, the XRP price could to trigger a fine upswing once it successfully retests the interim support at $0.6210, which may pave the way for a healthy upswing to reach the 1 FIB level at the yearly highs at $0.93.
Boyaa Interactive to Buy $5 Million in Bitcoin and Ethereum for Web3 Expansion!
The post Boyaa Interactive to Buy $5 Million in Bitcoin and Ethereum for Web3 Expansion! appeared first on Coinpedia Fintech News
Boyaa Interactive, a renowned developer and operator of chess and card games in China, has recently set its sights on the Web3 field. The company has announced that it will be allocating $5 million to purchase Bitcoin and Ethereum to strengthen its position in this domain. This move is part of Boyaa Interactive’s broader strategy to expand its offerings and remain at the forefront of the latest trends in the gaming industry. With this investment, the company is poised to benefit from the growth of the decentralized finance (DeFi) market and other blockchain-related applications.
Is It Right Time To Buy Altcoins?
In recent weeks, the altcoin market has faced challenges in capitalizing on Bitcoin’s shortcomings, leading to disappointment among many investors. However, there have been some notable outliers during this period, with Shiba Inu (SHIB) standing out by rallying over 20% in the first week of August. On the other hand, the highly anticipated Litecoin halving, though hyped, resulted in an 11% correction, dampening the spirits of bullish traders.
As a result, uncertainty looms over the short-term prospects of many altcoins, as they seem to be consolidating horizontally.
Why Accumulate Altcoins Now?
Amidst the apparent stagnation, a glimmer of hope shines through the influential figure of Michaël van de Poppe, a prominent crypto analyst and influencer.
In a recent YouTube video, Poppe shared his conviction that the current consolidation phase is merely a precursor to an impending surprise rally. He believes that the prevailing market conditions, which have frustrated and disheartened many traders, are laying the groundwork for a significant upturn. His vision involves a potential surge that could drive the overall crypto market cap to around $1.75 trillion, homing in on a crucial supply and demand zone.
At the heart of Poppe’s argument lies the anticipation that altcoins will spearhead this rally, asserting their dominance while Bitcoin’s hold wavers in the short term. Notably, Bitcoin’s grip on the weekly timeframe seems to be weakening, approaching a pivotal resistance level based on historical data. This development raises the possibility of Bitcoin undergoing a direct price capitulation.
Read More: Expert Says Altcoins Are About to Crash Big Time Before it Gets Good
Good News – Institutional Interest is Growing!
One of the intriguing catalysts fueling this anticipated turnaround is the growing interest of institutional investors, particularly led by heavyweight player BlackRock. These entities are increasingly immersing themselves in the crypto market to counter escalating global inflation amid rising interest rates. This surge in institutional interest could be a game-changer for the altcoin market, propelling it to new heights.
Poppe’s insights and observations present a compelling case for investors to remain optimistic in the face of market uncertainty. While altcoins may have struggled in recent times, the potential for a surprise rally combined with the growing institutional interest paints a promising picture for the future of the crypto market.
Related: Will Coinbase Delist Cardano (ADA) and Other 13 Altcoins? CEO Weighs In
However, don’t forget: exercise caution and conduct your research!
Cardano DeFi Rapidly Shrinking, Borroe Set for Stage 1 of Presale: Time to Buy?
Lately, Cardano has been experiencing a decline in price value, raising concerns among investors. Meanwhile, amidst this changing landscape, Borroe has emerged as a novel and promising addition to the Web3 ecosystem.
This article will explore Borroe’s unique features and how it provides a solution for businesses and creators seeking funding. Additionally, we will explore the current state of Cardano’s DeFi and how it compares to the rising potential of Borroe.
Borroe Set for Stage 1 of Presale: Time to Buy?
Borroe has recently emerged as a standout player in the fast-paced world of cryptocurrency. With a focus on leveraging cutting-edge AI and blockchain technology, Borroe’s unique funding marketplace connects content creators, businesses, investors, crypto enthusiasts, and other Web3 participants.
Through the platform, users can use future earnings from invoices, royalties, and subscriptions to raise immediate funds. An innovative aspect of Borroe’s approach is using non-fungible tokens (NFTs) to represent outstanding, recurring or future revenues, making it easy for businesses to raise funds by selling these NFTs at a discounted price within the Borroe marketplace.
One of the key benefits of choosing Borroe is the platform’s comprehensive understanding of various business models and unique challenges. With Borroe, entrepreneurs can maintain ownership and control over their ventures while gaining access to much-needed additional funding.
Furthermore, the platform’s acceptance of various payment methods, including major cryptocurrencies, attracts many investors and crypto enthusiasts, fostering a diverse and engaged community.
Initially launched at an affordable price of $0.01 for the native token, $ROE, the presale has already gained substantial traction. The stage rapidly sold out and has advanced to the first presale stage, marking a 25% price increase.
Over 30% of tokens have already been sold in a matter of days, creating hype in the investing community. As Borroe proves its potential in the Web3 landscape, now could be the perfect time to consider participating in its presale and become part of the future of decentralized finance.
To top it all off, $ROE will increase by 50% in the next stage and is predicted to reach 300% returns by the end of all eight presale stages, delivering hefty potential returns to early investors.
Cardano’s DeFi Is Rapidly Shrinking
In the burgeoning DeFi landscape, Cardano has recently faced some challenges. Since being hit by the SEC in June, ADA has been surrounded by bearish sentiment.
Also, the declining daily trading volumes signalled a lack of enthusiasm among ADA investors ahead of the anticipated Mithril upgrade, which enhanced the network’s efficiency and expanded its application capabilities.
The Mithril upgrade, recently launched, is expected to revive the ADA cryptocurrency in the following period, although the price still struggles at press time.
The Bottom Line
In the ever-changing landscape of DeFi, Cardano’s DeFi ecosystem is experiencing a shrinking phase, as declining trading volumes and price drops have impacted investor sentiment. In contrast, Borroe’s ROE is increasing by leaps and bounds, providing an ideal moment for investors to seize this innovative opportunity.
Overall, Borroe ($ROE) is a promising addition to the Web3 ecosystem. Its innovative marketplace connects creators and businesses with supportive communities of investors seeking higher returns. This innovative community is the first of its kind to help innovative Web3 businesses connect with investors willing to fund their favourite brands.
With its innovative use of NFTs and commitment to transparency, Borroe offers a unique opportunity for investors seeking to be part of the Web3 revolution.
Explore the Borroe ($ROE) Presale:
MicroStrategy plans a $750 million stock sale to Potentially Buy More Bitcoin!
MicroStrategy, the business intelligence firm that has already amassed over 90,000 Bitcoin, is planning to raise $750 million through a stock sale in order to potentially buy more Bitcoin. The move highlights the company’s continued bullish outlook on the leading cryptocurrency, which has performed strongly in recent months, breaking barriers and reaching new all-time highs. The stock sale is viewed as another step in the company’s strategy to position itself as a major player in the cryptocurrency market.
Bitcoin (BTC) And Cardano (ADA) Price Slumps; Buy Now into Uwerx (WERX) End of Presale
The cryptocurrency market has been unstable recently due to recent lawsuits from the SEC. Bitcoin (BTC) and Cardano (ADA) are two major cryptocurrencies that have experienced significant price slumps, causing more concern among investors. While the market attempts a recovery, Uwerx progresses impressively on its presale. The project is new to the market and comes with rare profit opportunities. The project brings innovations to the market and could be the most significant invention 2023.
Bitcoin (BTC)
While Bitcoin (BTC) slumped from $27k to nearly $25 after the SEC’s lawsuit announcement against Binance and Coinbase, the project seems to be reacting better. It retraced slightly to $26k before slipping back to over $25,500. The Bitcoin (BTC) market cap is down, but its dominance has spurred minor gains in other altcoins. Altcoins like Cardano (ADA), Shiba Inu (SHIB), and Solana(SOL) have picked up by 9%, 8%, and 7%, respectively.
Cardano (ADA)
Similar to Bitcoin’s (BTC) recent position, Cardano (ADA) has pulled some gains and is 4.36% in the last 24 hours. The crypto project has, however, lost more over the past few days, following SEC news that it is a security. The project dumped over 15% from the news but presently attempts a recovery. The project has refuted the claims of the SEC and has informed its community to disregard the agency’s claims of it being security. With the minor gains the project has seen, it could be heading toward a full-blown recovery moving forward.
Uwerx (WERX) Presale Final Call
The freelance industry allows the flexibility to work multiple jobs and earn more. And one of the reasons many favour it over full-time jobs is this. Freelancers in the recreation field earn an average of $7,000 monthly. Nothing is better than an opportunity to expand your reach as an individual, both in career advancement and earnings. Uwerx is a project looking to offer this and more to freelancers in the gig economy.
Uwerx introduces features that can help freelancers earn more while giving them access to a wide range of clients. Similarly, businesses and clients get a global pool of talent. Users get to pay as little as 1% service fees and also get incentives for signing up and for their performances. The platform allows investors also to have a stake and buy the tokens at the least price on presale.
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Is Worldcoin (WLD) The Best Bet Now? Buy Immediately Or Wait For A Price Drop?
Recently, Worldcoin has been the talk of the crypto town, fueled mainly by its connection to the success of ChatGPT. This new crypto project, led by Sam Altman, the co-founder of OpenAI, is turning heads in the crypto market. Just like ChatGPT made waves in its field, many investors and market analysts predict that Worldcoin could do the same in the crypto market. In light of this, investors are still deciding whether to place bullish bets on WLD’s price or wait for a potential price dip due to the current market unpredictability.
Worldcoin Raises Concerns As Regulators Scrutinize
Worldcoin (WLD), a project by San Francisco and Berlin-based Tools for Humanity, recently went live on Binance. The firm, which recently raised $115 million, creates a World ID for users via an orb-shaped scanner and plans to develop a digital wallet, the World App.
Despite attracting over 2 million users across 20 countries, the project has faced scrutiny over data privacy, with French and UK regulators questioning its data collection methods and storage of biometric data.
Worldcoin’s iris scan technology identifies individuals by capturing unique patterns in their eyes, thereby collecting basic personal data to prove their humanity. However, this process raises privacy concerns.
By signing up for the project and undergoing the iris scan, users potentially risk their data being sold to third parties, leading to a potential breach of privacy. Hence, these privacy concerns could create a bearish future for WLD crypto if not properly addressed.
Ethereum’s Co-Founder, Vitalik Buterin, recently pointed out in a blog post that while Worldcoin’s use of high-tech biometrics is certainly unique, it’s not without issues. He mentioned potential problems like the risk of users’ data being exposed online and privacy violations.
Here’s Why You Should Wait Now
Worldcoin’s use of iris-scanning technology for user identification has raised privacy concerns and attracted regulators. Until these issues are adequately addressed, it might be better to hold off on investing.
Moreover, Worldcoin is a relatively new project. Waiting allows more time to assess its development, adoption rate, and overall potential. WLD price already dropped by over 50% on Binance, currently trading at $2.3.
On one hand, buying now allows you to potentially benefit from future price increases. If Worldcoin makes an upward trajectory, early investors could see substantial returns.
On the other hand, the volatile nature of the crypto market means that price drops are always a possibility. Waiting for a dip could allow you to buy Worldcoin at a lower price. However, making a perfect entry is quite difficult, and there’s a risk that you could miss out on potential gains if the price rises from current levels.
Deciding if Worldcoin is the right investment now hinges on your investment goals, risk tolerance, and faith in its future. It is wise to wait, watching its evolution, privacy response, and regulatory handling before investing.
Crypto Market Booming, Next Coins To Buy In Now Chainlink, Tezos and Tradecurve
The crypto market is back in bullish territory, with the prices of many assets soaring. While XRP is clearly the frontline of this rally, many other altcoins are racking major gains. As a result, market analysts have picked three altcoins that could yield greater gains than XRP. Let’s find out why analysts are bullish about Chainlink (LINK), Tezos (XTZ), and Tradecurve (TCRV).
Chainlink Price Pumps 10%, More Gains Expected
Following the XRP ruling, Chainlink (LINK) has shown massive bullish signals. This is because the Chainlink community believes, like XRP, the Chainlink coin is not a security. In the last 24 hours, the price of Chainlink has increased by 10.5%. Following the recent surge, the Chainlink price now stands at $7.10.
The price surge pushed the price of Chainlink above the Fib 0.5 level at $6.786, as well as the 20-day, 50-day, and 100-day SMA. With this, Chainlink price predictions are now very bullish. According to analysts, the price of Chainlink could further rise by as much as $8. But first, Chainlink must clear the resistance at the Fib 0.618 level ($7.261).
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Tezos Price Prediction: How High Can XTZ Go?
Tezos, the blockchain created to evolve, has been raking in massive attention lately. Recently, the Tezos Foundation announced an expansion in the Asia region. As part of its move, Tezos India would host edition three of the TezAsia Hackathon. The aim of the hackathon is to increase the adoption of the Tezos crypto and amplify Web3 development in the region.
Read as positive news, the price of Tezos coin has increased. In the last 24 hours, Tezos price as increased by 5.2% to trade as high as $0.9135. In the last seven days, the price of the Tezos coin has increased by 14%.
With the crypto market on a bull run, the Tezos price prediction is also bullish. If Tezos manages to scale the $1 resistance soon, then the coin will reach $1.2 in the coming weeks.
Tradecurve (TCRV) Set for 40% Rally in July
Amidst the bullish market, Tradecurve has emerged as one of the top contenders for the cryptos to buy now. In the last month, the price of TCRV has increased from $0.010 to set a new high at $0.018 per token. With the broader crypto market now bullish, Tradecurve has formed a pattern that will see the price of its token increase by 40%. This will see TCRV set a new high of $0.025 in July.
With early investors already receiving an ROI of 80%, there has been an influx of new users to Tradecurve. In the last couple of weeks, more than 14,000 new investors have registered with Tradecurve. As the next price surge approaches, you can be among the next wave of investors to receive amazing returns on your investments as Tradecurve now only retails for $0.018 per coin.
The utility of TCRV as the token of the first platform to allow crypto users to trade derivatives assets adds another layer of sustainability. According to market experts, the price of TCRV could increase by up to 5,000% as the platform records more users.
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Is XRP The Best Buy Now? Here’s Why You Should Wait
In December 2020, the SEC filed a lawsuit against Ripple Labs, accusing it of conducting an unregistered securities offering by selling XRP. Ripple Labs fought back and recently achieved a partial victory. U.S. District Court Judge Analisa Torres ruled on July 13 that XRP is not a security when sold to the general public. This decision was met with great enthusiasm by XRP token holders and resulted in a significant increase in the token’s price. This partial victory against the SEC has led to speculation about whether XRP is now a top investment choice.
Wait Before Buying XRP Now
In Ripple Lab’s ongoing legal tussle with the SEC, a federal judge has determined that the XRP token does not conform to the criteria established for a security. However, Ripple’s sales of XRP worth $729 million to institutions were deemed as unregistered securities offerings, thus breaching securities law.
The SEC’s lawsuit against Ripple is set to proceed, with a jury deciding if Ripple executives knowingly participated in the unlawful offering of XRP to institutional investors.
While the recent ruling for XRP is encouraging, numerous cryptocurrency attorneys caution against premature celebration. Stephen Palley, a partner at the law firm Brown Rudnick, pointed out that the summary judgment is merely partial. Furthermore, Judge Torres’ ruling doesn’t establish a legal precedent. It may, at best, provide influential insight for future courts to consider, should they decide to do so.
Palley, among others, highlighted the possibility that the SEC could choose to appeal the decision. This introduces the potential for a superior court to reverse the judgments handed down by Judge Torres.
Hence, Coinpedia recommends investors exercise caution and refrain from investing at the current peak prices, as there’s a risk of a sudden price reversal leading to substantial losses. Investing in XRP could become more profitable after a definitive victory against the SEC.
What’s Next For XRP Price?
XRP surged past multiple key resistance levels, indicating a bullish trend as the price touched a high of $0.938. However, the bullish trend was short-lived as the XRP price quickly made a bearish reversal.
XRP price experienced a profit-taking momentum at around $0.94 and followed a sharp bearish rally. Due to a massive surge in liquidation, the price dropped below multiple Fib channels and took support near the bottom level of $0.668. Bulls will aim to limit any pullback within the zone below the 38.2% Fibonacci retracement level at $0.63.
If the price surges and continues to trade above $0.75, it will strengthen bulls’ confidence and prevent the price from dropping to a bearish channel. A surge toward $0.9 might again see profit booking among traders.
If the price remains below $0.75, the price could retest the support at $0.6. A drop below this level might push the price to the 61.8% retracement level, potentially delaying the next uptrend’s onset.
Best Crypto To Buy Now 12 July Polkadot (DOT), Tron (TRX), And VC Spectra (SPCT)
Amidst the hectic movements in the crypto market, investors wonder which is the best crypto to buy now. We highlight three tokens that show promise for investment: Polkadot (DOT), Tron (TRX), and VC Spectra (SPCT). Each of these cryptocurrencies presents unique features and potential for growth in the current market landscape. Let’s delve into the latest developments and factors that make Polkadot (DOT), Tron (TRX), and VC Spectra (SPCT) standout choices for investors seeking to capitalize on the crypto market’s potential.
Polkadot (DOT) Unlocks Interoperability and Parachain Auctions
Polkadot (DOT) continues to make waves with its ongoing Parachain auctions. With each filled parachain slot, the value proposition of Polkadot (DOT) increases, propelling this sleeping giant toward greater potential. The team boasts a lineup of highly skilled blockchain developers, including Gavin Wood, a notable Ethereum contributor in its early days. This impressive talent pool fuels long-term bullish sentiment among analysts, who predict a promising year for Polkadot holders.
The price currently stands at $5.13, resulting in a minor increase of 0.17% within the 24-hour trading. As the 13th-ranked cryptocurrency according to CoinMarketCap, Polkadot boasts a live market cap of $6B.
Despite experiencing a minor increase, Polkadot remains an asset of interest for investors. As July unfolds, Polkadot investors are hopeful for continued price growth, building upon the positive trend observed in June.
Tron (TRX): Advancements and Milestones Amidst Struggling Price
In the week spanning from July 1 to July 7, Tron (TRX) achieved several notable milestones. On July 1, Tron also announced the release of Great Voyage v4.7.2 (Periander), an upgraded version of its MainNet.
Apart from the important enhancements, Periander also introduces two critical governance proposals for Tron (TRX) Stake 2.0, allowing users to withdraw their unstaking requests and customize their lockup period for delegated resources.
In another significant move, Tron (TRX) launched its first Real World Asset (RWA) product, stUSDT, operating through the decentralized platform JustLend. This development provides Tron (TRX) users with more options.
On top of all these releases, Tron (TRX) reaffirmed its commitment to value growth and deflation by burning 12,303,752 TRX on July 8. Tron (TRX) was trading today at $0.076946 with neutral market sentiment.
As Tron (TRX) continues to make advancements and achieve milestones, investors and enthusiasts eagerly await the potential impact of these developments on the future performance of Tron (TRX) in the market.
VC Spectra (SPCT): The Best Alternative Investment Opportunity with Promising Returns
VC Spectra (SPCT) presents an ideal solution for those seeking alternative investment opportunities with above-average returns. It is a unique crypto-based hedge fund specialising in investing in promising start-ups.
Recognizing the exponential growth potential of these industries, VC Spectra (SPCT) aims to welcome investors from all walks of life.
To engage with the VC Spectra (SPCT) platform, investors utilize VC Spectra, the deflationary utility token. With a fixed supply of 1 billion tokens, it aims to prevent inflation and increase value by ‘burning’ a portion of transaction fees.
Investors who have acquired VC Spectra (SPCT) tokens at their current value of $0.008 eagerly anticipate Stage 2 of VC Spectra’s private sale, which is expected to commence in July. The price is projected to increase to $0.011 during this stage, representing a significant 37.5% jump.
Find out more about the VC Spectra presale here:
SHIB vs. EOS vs. SPCT – Buy, Hold, or Sell in July?
Shiba Inu (SHIB), the meme coin, is experiencing rising levels of expectation as the introduction of Shibarium draws closer, while EOS continues to develop its ecosystem to improve efficiency and transparency. At the same time, VC Spectra emerges as the frontrunner, seeking to revolutionize the trading industry through its groundbreaking approach. What should you do in July 2023: buy, sell, or hold each of these three options?
Shiba Inu (SHIB): A Good Buy or Not?
Shiba Inu’s (SHIB) price fluctuated erratically as June ended, prompting traders and investors to assess if the meme cryptocurrency asset would be a good buy in July.
Shiba Inu (SHIB) price has experienced a 2.74% shift over the previous week and is presently trading at $0.0000075. The market exhibits a modest bearish sentiment, yet the long-term sentiment persists as bullish, with the potential for Shiba Inu (SHIB) to reach a value of $0.000034 by 2024.
In light of this, is a Shiba Inu (SHIB) an appropriate buy in July? There is a reason why Shiba Inu (SHIB) could be a great buy in July.
Shibarium, a layer two solution designed to speed up transactions and reduce expenses in the Shiba Inu (SHIB) ecosystem, will launch soon. It will boost the value of the Shiba Inu (SHIB) token. In addition, the meme coin is a strong investment because of its ecosystem’s ongoing development, frequent updates, SHIB burn rate, and expanding network of Shiba Inu (SHIB) supporters.
EOS: An Opportune Time to Buy, Sell or Hold?
What is the best strategy, based on the current EOS price forecast: buying, selling, or holding? According to the EOS forecast, the current market conditions suggest it may not be an opportune moment to buy EOS. The best course of action would be to hold onto EOS for now. There are several reasons for this.
In May 2023, EOS witnessed a notable surge of 20.93%, resulting in a rise of $0.18 from its initial value. From May 24th to May 31st, there was a discernible upward trajectory in the price of the EOS token, resulting in a 3.48% increase.
In June 2023, the EOS price ranged between $0.8487 and $0.895, with market sentiment being quite bullish.
EOS is currently trading at $0.72 on a volume of $157,596,376. EOS has dropped 3.23% during the past two days. Optimism about EOS is low right now, and experts say the cryptocurrency’s value will continue to fall until at least mid-July.
VC Spectra (SPCT) Soars High
VC Spectra (SPCT) is a decentralized hedge fund providing the best investment opportunities. Its investors can explore various tokens and niche industries to maximize profits while minimizing risks.
VC Spectra (SPCT) boasts state-of-the-art AI trading technologies to help choose the most lucrative market options with unmatched accuracy. Moreover, VC Spectra (SPCT) investors get quarterly dividends and buybacks.
In addition, VC Spectra’s (SPCT) token SPCT, a “BRC-20” standard token, grants users special privileges, presale ICO pricing, and voting rights. Created on the Bitcoin blockchain, the token is deflationary with a burn mechanism and used for exchange, trade, manage assets, and pay transaction fees.
The current VC Spectra (SPCT) token price is $0.008. During the second stage of its open presale price, it will rise to $0.011. The VC Spectra (SPCT) token will sell at $0.08 after the public presale with anticipated gains of 900%.
69% of VC Spectra’s (SPCT) current 125,000,000 SPCT supply has already been sold. The enormous success of VC Spectra (SPCT) during the first phase of its public presale demonstrates the potential of this investment as a top pick to buy in July 2023!
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Expert Outlook Indicates Upcoming Spike in XRP Market Dominance, Identifying Key Buy Zone
An acclaimed cryptocurrency chartist and analyst, JD, has recently presented a promising investment entry point for XRP stakeholders. He unraveled a potent trading method used by savvy investors.
XRP’s Historical Market Behavior
JD’s analysis pays attention to XRP’s market dominance, a metric that reflects XRP’s price changes. As XRP’s price ascends, the cryptocurrency’s market capitalization inflates, resulting in greater market dominance. JD used chart movements from 2015 onwards to map XRP’s historical market patterns.
This analytical eye spotted a reduction in XRP’s market dominance post its zenith in January 2015, which marked the start of a two-year downward trend. Nevertheless, the tides turned in 2017 when the market dominance skyrocketed to a commendable 31.33% in May of that year. This period also observed a rapid 39x rally for XRP within a span of 56 days.
The chartist identifies the potential for another drop in XRP’s market dominance to levels seen in early March. Such an event would trigger JD to bolster his holdings, pointing to a lucrative buying opportunity within this zone. This region coincides with the 0.618 and 0.786 Fibonacci points, often used by traders as key support or resistance levels.
JD advises investors not to be stranded in the market turmoil. He discourages blind adherence to the “hold” strategy down to the 0.618 Fibonacci level, warning against the mass mindset that often leads to heavy losses.
How XRP Is Doing Right Now
Currently, XRP displays a ‘cup and handle’ chart pattern, with the price wavering between its daily moving averages. This pattern is typically a bullish sign, indicating a period of consolidation before a potential breakout.
A successful break and closure above the daily moving averages of 50 and 200 would signal strength. This could set the stage for a rally to the $0.565 to $0.584 levels. However, if the sellers successfully resist these advances and push XRP beneath the immediate support level of $0.45, the currency could dip to the robust support level of $0.415. At the time of reporting, XRP’s value stands at $0.468.
Crypto Analyst Spotlight Top Tokens To Buy Now: Golteum, Render Token
The crypto market has recently seen a bit of greener days as some crypto tokens like Golteum (GLTM) and Render tokens have been performing better in 2023 than others, as most traders and investors are always on the lookout for such potential to invest heavily.
Render tokens have had a great run as they have remained reliable despite the bear market, but one Golteum (GLTM) supersedes RNDR in recent times as it has recorded a massive 85% growth since its pre-sale.
Let us compare these tokens and see how Golteum (GLTM) outclasses other tokens in the crypto market.
Render Token (RNDR): A 3D Hub
The emergence of artificial intelligence and its surging trend have given many technologies and companies ideas to improve its usefulness.
This trend has dramatically affected AI tokens as the new trend in the crypto world with Render tokens in the mix.
The Render Network is a blockchain technology aiming to use AI and the power of blockchain to enable individuals to contribute unused GPU power to help other projects render graphics and visual effects in the metaverse and receive the RNDR token as an incentive for their services.
Despite its use case and price rallying to an all-time high of over $8, it has struggled to show much strength as GLTM continues to grow in this bear market, highlighting the need to rally higher in the next bull market.
The potential to grow a better and more robust portfolio comes with how you position yourself now, and it involves investing into high potential crypto tokens like GLTM with great ROI.
Golteum (GLTM): An Undervalued Gem with 50x potential
Golteum is a multi-asset Web3 platform with cutting-edge technology that aims to revolutionize trading by seamlessly trading different cryptocurrencies and precious metals.
It aids accessibility, usability, portfolio diversification, and exploration of new investments and helps, helping its users to take control of their financial future.
Golteum’s technology to help users, traders, and investors trade precious metals and cryptocurrencies simultaneously positions it as a game-changer for the industry.
It also offers better portfolio diversification to traders and investors who do not want to get exposed to the volatility of the crypto market but want to remain profitable trading other assets like precious metals.
As a multi-asset platform, Golteum allows you to manage crypto assets and precious metals in one place, ensuring top-class platform usability for beginners.
To enable seamless trading activities for cryptocurrencies and precious metals, Golteum has leverage on different blockchain technologies to provide a robust platform that handles all trading activities effortlessly.
With the help of the Chainlink program, Golteum leverages its oracle technology to provide transparent, secure, real-time prices of tokenized precious. Chainlink technologies also allow Golteum to utilize highly accurate and reliable price feeds, a vital component of every trading platform.
The integration of Chainlink’s proof-of-reserve into Golteum’s technology makes validation of tokens issued by the network to be fully backed by the underlying precious metals held in the vaults.
Golteum is a game-changer with its utility token GLTM; holding the GLTM tokens gives traders and investors opportunities to the DeFi world, such as staking, lending, borrowing, and yield farming. Also, traders enjoy discounts and rewards on Golteum’s platform.
GLTM’s price has surged by over 90% from its 1st round of private presale as its price rallied from $0.0074 to $0.012. Crypto experts have predicted a rally of over 300% for its initial presale holders, with an additional 20% bonus to all presale holders.
GLTM is fully Audited and KYCed by Certik, one of the leading security auditors in the blockchain industry, highlighting its reliability, trust, and platform with a great use case.
Further, Boston Consulting Group has projected that the global illiquid tokenized asset industry will experience an increase that will lead its market cap to $16 trillion by 2030. GLTM allows investors to join this upcoming market in its grassroots phase.
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Pepe’s (PEPE) astonishing performance buy DigiToads (TOADS) now as it’s expected to follow the same success
Moves made last month by altcoin powerhouse PEPE stunned the wider crypto market as it surged 21,000% in just a few short days. This poured a new lease of life into the memecoin world, and confidence began to grow in the belief that another memecoin season could be under way. While PEPE didn’t hold onto these gains, it still showed that the potential for big price rallies exists in the crypto world, despite the long-lasting bear run. Crypto newcomer DigiToads (TOADS) is expected to enjoy similar early success while actually holding onto its gains. It’s got the best mechanics ever seen in the memecoin space, and many believe it’s the best new investment opportunity for some time. Here’s why:
DigiToads (TOADS)
The DigiToads ecosystem continues to welcome investors at a rapid rate as it surges past $5.8 million in sales as it heads towards its new ico launch, where further gains are expected. It could do even better than PEPE, especially as it actually has the potential to hold onto gains rather than lose them again. This makes it many experts’ top pick as the best crypto to buy right now if you want a credible investment future, and fun along the way.
The great thing about TOADS is that while it matches PEPE by offering memecoin hype potential and marketing stardust, it’s actually built for long-term sustainability and should hold onto its gains. With real mechanics and earning potential that’s unmatched in the memecoin industry, TOADS uses an overall sales tax of 7% to provide for every part of its model. With plenty of funds available for rewards, marketing, liquidity, and more, this fully-fledged ecosystem is built for long-term success.
And discounts are still available during its revolutionary presale. It’s currently available for only $0.047 per token, which will go up to $0.05 in a few more days, until it hits a launch price of $0.055. It’s easy to grab these discounted prices on the TOADS website for any major crypto, and doing so will set your portfolio up for incredible long-term gains that no other memecoin can match.
Pepe (PEPE)
Pepe’s recent moves were hugely important for the industry and showed that price action can get started for a variety of reasons. But with PEPE, price action was mainly down to hype rather than any great underlying fundamentals. And while hype can be enough to get things started, more is needed to keep things going. That’s why TOADS is perfectly placed to unite memecoin stardust with actual long-term potential, and it could be the perfect option for your portfolio moving forward.
Conclusion
PEPE might have started memecoin season, but TOADS looks set to take things to a new level. With the best earning mechanics ever seen for a memecoin and a huge amount of potential built into its model, the sky really could be the limit for TOADS investors. Check it out for your portfolio as soon as you can if you want to lock in presale discounts and get ready for a ride to the moon.
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Did Elon Musk sell $1.4 Billion Dogecoin tokens to Buy Alex The Doge coin?
In the world of cryptocurrency, rumours and speculation can drive significant market movements, making the boundary between fact and fiction increasingly blurred. One such rumour currently circling the crypto-verse is that Elon Musk, the CEO of Tesla and SpaceX, known for his affinity for Dogecoin (DOGE), has allegedly sold $1.4 billion of his DOGE tokens to buy into a new meme-based cryptocurrency, Alex The Doge (ALEX). But how much truth is there to this claim?
Elon Musk and Dogecoin (DOGE)
Elon Musk’s support for Dogecoin (DOGE) has been both vocal and consistent. His tweets about the meme-based cryptocurrency have made headlines on multiple occasions, each time causing significant shifts in its price. The speculation that Musk might have sold a portion of his Dogecoin (DOGE) holdings to invest in Alex The Doge (ALEX) stems from a sudden, large-scale movement of Dogecoin (DOGE) tokens coinciding with a surge in Alex The Doge’s (ALEX) presale.
The Rise of Alex The Doge (ALEX)
Alex The Doge (ALEX) is the newest member of the meme-crypto family. It incorporates the viral nature of meme coins and the profit potential of Play-to-Earn (P2E) gaming platforms. This dual nature of fun and functionality has made Alex The Doge (ALEX) appealing to investors, contributing to the hype around its presale.
Did Musk Make the Swap?
While the timing of the Dogecoin (DOGE) token movement and Alex The Doge’s (ALEX) presale surge is interesting, it’s important to note that correlation does not imply causation. As of this writing, there’s no concrete evidence linking Musk to this transaction.
While Musk has publicly supported Dogecoin (DOGE) in the past, he has made no public comments about Alex The Doge (ALEX). Cryptocurrency investments are private and typically kept anonymous, making it difficult to verify if Musk is indeed involved in the alleged transaction.
It’s also worth noting that Musk’s public support for a cryptocurrency doesn’t necessarily mean he holds a significant personal stake in it. His influence on the crypto market often stems from his stature as a tech entrepreneur rather than his investment choices.
Implications for Investors
Investors must be cautious of rumours in the crypto market, particularly when they involve well-known personalities like Elon Musk. While it’s tempting to ride the wave of speculation, it’s important to remember that investing in cryptocurrencies should be based on thorough research and an understanding of the project’s fundamentals, rather than hearsay.
Alex The Doge (ALEX), despite being a newcomer, presents potential for growth with its blend of meme culture and Play-to-Earn model. However, its success, like all cryptocurrencies, is not guaranteed and is subject to various risks and uncertainties.
Conclusion
In summary, while it’s intriguing to consider the possibility of Elon Musk swapping Dogecoin (DOGE) for Alex The Doge (ALEX), it remains an unverified rumour. Whether you’re an experienced trader or a novice investor, making informed decisions based on accurate information and sound understanding should always be at the forefront of your investment strategy.
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Is it the Right Time to Buy Solana (SOL) and Polygon (MATIC)?
After maintaining a significant consolidated trend, the crypto markets were believed to trigger a notable upswing ahead. Meanwhile, the interference of bearish activity in the past few hours has hampered the upswing. Now that altcoins like Polygon (MATIC) and Solana (SOL) are available at lower rates, is it the right time to buy?
Polygon has been displaying significant strength despite the growing bearish pressure. The price has remained stuck at the crucial resistance level of $0.662 for the past few days, battling with the bears. Therefore, the MATIC price is believed to trigger a bullish rebound, which may assist the price rise close to the yearly high.
The price has rebounded from the interim lows at the ascending trend line and is currently consolidating within narrow ranges. However, an extended consolidation triggers a fine upswing ahead, but the bearish breakdown may eventually drag the prices lower.
Secondly, Solana has dropped below the crucial symmetrical triangle and has been trading under an acute bearish trend since then. The price displays fewer chances of a rebound and hence is believed to visit the lower targets in the coming days.
The price, which has regained levels above the trend line, is again testing the same support levels. Therefore, a minor bearish action at these levels may drag the price heavily, which may even mark new lows for the year. Besides, the strength of the rally does not appear to be high, due to which the bulls may encounter a tedious task to lift the price beyond bearish influence.
Collectively, Solana & Polygon have been maintaining their respective trends. While MATIC is preparing for a notable upswing, Solana’s price flashes signals to visit lower targets, which may keep the token in a deep bearish trend.
Bitcoin, Litecoin, Tradecurve Top Cryptocurrencies Buy June 2023
Investors seek opportunities to capitalize on potential returns as the cryptocurrency market experiences fluctuations and enters a bearish phase. While bear markets can be challenging, they also present unique prospects for strategic investments.
In this blog, we explore three tokens that have shown resilience in previous bear markets and continue to exhibit good qualities: Bitcoin, Litecoin, and Tradecurve. We delve into their key attributes and why they stand out as potential investments in the current market conditions.
Bitcoin (BTC): The crypto king
Bitcoin, the pioneer of cryptocurrencies, has established itself as a resilient and influential digital asset. Throughout various market cycles, Bitcoin has demonstrated its ability to weather downturns and recover more vigorously than ever. The decentralized nature, limited supply, and widespread adoption of Bitcoin have contributed to its status as a haven asset. Investors often flock to Bitcoin during bear markets, seeking its potential for long-term growth.
Recently, Bitcoin achieved something remarkable as its market dominance reached 50% for the first time in 2 years. This indicates that Bitcoin alone represents half the $1.1T market cap for all cryptocurrencies. Currently, Bitcoin is trading hands at $29,140.22 with a market cap of $565B, a rise of 8.69% in the past 24 hours.
As market sentiment improves, Bitcoin has historically been one of the first tokens to initiate a recovery, making it an attractive choice for investors looking to position themselves strategically during bearish phases.
Litecoin (LTC): The second-oldest cryptocurrency
Often seen as the silver to Bitcoin’s gold, Litecoin has established a solid presence in the cryptocurrency market. Created by Charlie Lee, a former Google engineer, Litecoin shares many similarities with Bitcoin, including a decentralized structure and limited supply. However, Litecoin differentiates itself through faster transaction speeds and a more efficient mining process.
On-chain data aggregator IntoTheBlock disclosed that a tweet had added more new addresses to the Litecoin network. Notably, the majority of the surge was seen in the past week alone, during which time the number of new Litecoin addresses increased by a startling 55% and exceeded 200 million. At the moment, Litecoin has a value of $83.96 with a market cap of $6.1B, an increase of 8.74% overnight.
During bear markets, Litecoin has demonstrated resilience and the potential for significant gains when the market sentiment shifts. Its lower price point than Bitcoin also makes it accessible to a broader range of investors, further contributing to its appeal during bearish phases.
Tradecurve (TCRV): Navigating bear markets with innovative trading
The rising presale star Tradecurve introduces a unique approach to trading that makes it an exciting proposition during bear markets. Traditional centralized exchanges often face challenges in volatile market conditions, whereas decentralized exchanges (DEXs) provide increased resilience and security.
Tradecurve combines the benefits of both by offering a hybrid infrastructure model. Because of this model, traders can expect slippage-free trading, low latency, fast order execution, and self-custodial portfolio management on one platform.
With Tradecurve, investors can access all derivatives on a single trading account while utilizing cryptocurrency as collateral. This diversification allows for more flexibility and strategic positioning during bear markets. Tradecurve also incorporates automated and AI-powered trading bots, providing users with advanced trading strategies and tools to navigate market fluctuations.
As a significant difference from the likes of Coinbase and Gemini, the Tradecurve team has also announced that they will implement their own Proof of Reserves (PoR). PoR acts as a mechanism to verify the solvency of an exchange. It confirms that the exchange has sufficient reserves to cover all customer balances, minimizing the risk of insolvency or unexpected losses.
The native token of this platform, TCRV, is the key to obtaining discounts on subscription fees, passive income via staking or governance voting rights. The token is currently in Stage 4 of its presale and costs just $0.018. Despite this low price, many experts predict a 50x growth for the token as its presale advances and another 100x jump when it gets listed on a Tier-1 CEX.
With a token smart contract audit by Cyberscope and a team KYC audit by Assure DeFi, the Tradecurve presale looks to be the most promising and safest investment option of 2023 – so sign up for its presale below.
For more information about the Tradecurve presale:
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Top Analyst Claims Altcoin Bull Run Has Begun, Urges Investors to Buy
Esteemed crypto analyst Michael van de Poppe has broadcast an important message for altcoin enthusiasts. After conducting an in-depth analysis, Michael confidently asserts that altcoins are on the cusp of a significant breakout, signaling the start of a bullish market trend. He advises investors to shift their attention towards altcoins, emphasizing that now is the opportune moment.
Altcoins’ Secret Weapon Of Success
Michael took his audience through a brief overview of the market’s current status and made some compelling comparisons with previous cycles. By dissecting the market performance, he points out that we are now at a juncture where investing in altcoins could be particularly rewarding.
Also Read: Top Altcoins That Are Likely to Receive ETFs in 2023 – Coinpedia Fintech News
Laying his focus on the 200-week exponential moving average (EMA), the expert highlighted that the market is showing signs of support at this level. Observing the recent market activity, Michael suggests that we are witnessing a situation of a breakdown where the 200-week moving average (MA) and the 200-week EMA have been reclaimed, indicating a potential shift towards upward continuation.
Can Altcoins Challenge Bitcoin’s Dominance?
Underlining the current market stance, Michael stated that altcoins are still in a depression phase, with most remaining significantly undervalued against Bitcoin (BTC). According to the analyst, the Bitcoin pairs are presently low in their valuations, and we are reaching the juncture of the 200-week MA and EMA on the Bitcoin dominance chart that could potentially serve as resistance.
By examining the Wall Street cheat sheet, he noticed an alignment with the current price action on the markets, further strengthening his argument for an impending altcoin bull run. Furthermore, he pointed out that the general sentiment towards altcoins is exceptionally low, creating a potentially lucrative opportunity for those willing to invest.
Chainlink Geared For Growth!
To illustrate his findings, Michael zoomed in on Chainlink. Despite enduring a bear market for nearly three years, Chainlink is now showing signs of resurgence. Michael observes that once Chainlink reclaims 23 on its satoshi value, the market is likely to see significant growth.
XRP Price is Preparing for a Bullish Reversal Above $0.5- Should You Buy the Dip?
In the past few weeks, XRP’s price has seen a whirlwind of highs and lows, with no discernible pattern due to the ongoing uncertainty about its status as a security. This has led to a cautious approach from investors. However, market experts have spotted potential signs of an upcoming bullish shift. The price appears to be steadying itself below the $0.5 support level, indicating a possible decrease in selling pressure and the potential for a bullish trend in the near future.
XRP Price May Surge Amid The Chaos
Bitcoin advocate and advisor to El Salvador’s president, Max Keiser, recently responded to a tweet by pro-XRP lawyer John Deaton, discussing Bitcoin, the SEC, and XRP. Keiser refrained from labeling XRP as a scam, instead stating, “XRP is too centralized.”
Deaton had criticized Bitcoin maximalists for supporting SEC actions against crypto companies, except Bitcoin, despite claiming to be Libertarians. Keiser retorted that Bitcoin is the only crypto beyond regulators’ reach, and XRP’s centralization makes it vulnerable to SEC scrutiny.
Ripple’s CEO, Brad Garlinghouse, recently announced the company’s receipt of in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore. This positions Ripple among a few select firms globally to achieve this. Additionally, Ripple is aiding the Central Bank of Montenegro in launching a Central Bank Digital Currency (CBDC), and Brazil’s Central Bank has plans for a CBDC rollout in 2024.
These developments, along with the announcement of a new digital coin, the Universal Monetary Unit (UMU), by the Digital Currency Monetary Authority, underscore Ripple’s growing influence in the digital currency landscape. Given these positive developments, a surge in XRP’s value could be on the horizon.
What’s Next For XRP?
Recently, XRP experienced a significant decline after reaching the 20-day EMA at $0.49. It subsequently fell below the 200-day EMA and continued to decline to reach a new lower level. However, the presence of a long tail on the candlestick suggests that there was aggressive buying activity at lower price levels. As of writing, XRP price trades at $0.4939, surging over 0.16% in the last 24 hours.
Currently, the 20-day EMA has stabilized, exhibiting a flattened trajectory, while the Relative Strength Index (RSI) hovers slightly below the midpoint. These indicators indicate a delicate balance between the supply and demand forces in the market.
If the bulls manage to maintain the price above the 20-day EMA, it could pave the way for a potential rally toward the resistance level at $0.52. However, it should be noted that this level may once again serve as a strong barrier.
On the other hand, a decline from the current position will force the XRP price to test the support at $0.47. However, bulls will likely accumulate more near this dip, suggesting a bullish rebound to $0.52.