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Internet Computer Introduces ckUSDC, Algorand Emerging Challenger Captures Market Focus !! #altcoins #BinanceLaunchpool #BlackRock #MicroStrategy #buythedip The crypto industry is an evolving sector, where novel and disruptive technologies are coming to the market on a regular basis. Internet Computer (ICP) latest offering is ckUSDC, a significant stride in the stable coin world. At the same time, while Borroe Finance ($ROE), which is a disruptive and highly innovative DeFi platform, is gaining more and more traction in the community. Internet Computer's ckUSDC: A New Approach to Stablecoins Foundation is a blockchain which has the purpose of changing the Internet by providing a decentralized and scalable platform for smart contracts and applications. The most recent stablecoin is an intermediary token to enable interaction and exchange between decentralized applications and traditional financial systems, hence, providing uninterrupted connectivity and interaction. cryptOMC is the cryptographic protocol that is designed to let canisters (Internet Computers and smart contracts) interact with the USD Coin (USDC) stablecoin. The chain-key signatures are the way of interaction that allow canisters to create their own Bitcoin addresses and to launch a valid transaction. The chain key tokens such as the chain-key-bitcoin (ckBTC) is an important element as it provides a simple and fast channel of assets between many different blockchains. economics and governance mechanism of Internet Computer. ICP token performs different functions in the platform: the voting rights, the SNS transactions, the buying cycles in dApps development and the payments to the providers of computational resources. The brain of the Internet Computer, which is NNS (Network Neural System), conducts all the self-organizing and self-governing activities of the ICP (Internet Computer Protocol) DAO (Distributed Autonomous Organization). This allows the local community to participate in decision-making processes on a transparent basis through community stakeholder governance.

Internet Computer Introduces ckUSDC, Algorand Emerging Challenger Captures Market Focus !!

#altcoins #BinanceLaunchpool #BlackRock #MicroStrategy #buythedip The crypto industry is an evolving sector, where novel and disruptive technologies are coming to the market on a regular basis. Internet Computer (ICP) latest offering is ckUSDC, a significant stride in the stable coin world. At the same time, while Borroe Finance ($ROE), which is a disruptive and highly innovative DeFi platform, is gaining more and more traction in the community. Internet Computer's ckUSDC: A New Approach to Stablecoins

Foundation is a blockchain which has the purpose of changing the Internet by providing a decentralized and scalable platform for smart contracts and applications.

The most recent stablecoin is an intermediary token to enable interaction and exchange between decentralized applications and traditional financial systems, hence, providing uninterrupted connectivity and interaction.

cryptOMC is the cryptographic protocol that is designed to let canisters (Internet Computers and smart contracts) interact with the USD Coin (USDC) stablecoin. The chain-key signatures are the way of interaction that allow canisters to create their own Bitcoin addresses and to launch a valid transaction. The chain key tokens such as the chain-key-bitcoin (ckBTC) is an important element as it provides a simple and fast channel of assets between many different blockchains. economics and governance mechanism of Internet Computer. ICP token performs different functions in the platform: the voting rights, the SNS transactions, the buying cycles in dApps development and the payments to the providers of computational resources.

The brain of the Internet Computer, which is NNS (Network Neural System), conducts all the self-organizing and self-governing activities of the ICP (Internet Computer Protocol) DAO (Distributed Autonomous Organization). This allows the local community to participate in decision-making processes on a transparent basis through community stakeholder governance.

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NOT Coin Price Analysis: Why NOT Surged By 400% Last Week ? #StartInvestingInCrypto #Megadrop #altcoins #BinanceLaunchpool #BlackRock The cryptocurrency landscape is ever-evolving, and the recent surge in NOT coin is a testament to the market volatility. Within just seven days, NOT coin, a lesser-known asset on the TON blockchain, has skyrocketed by 400%. This remarkable growth has drawn significant attention away from more established networks like Ethereum and Solana. TON blockchain, often operating under the radar, has seen one of its tokens, NOT coin, experience a phenomenal 400% increase in value over the past week. This surge highlights that significant activity and growth potential exist outside the more mainstream blockchain networks. Factors Contributing to the NOT Coin Surge The dramatic price increase of NOT coin is attributed to several factors, particularly the growing interest from cryptocurrency whales. One such whale secured an unrealized profit of $862,000 by investing early in NOT coin. This investor initially acquired 46.4 billion NOT using 50,550 TON, worth $278,000, before the coin was publicly listed. On May 21, this investment was converted into 46.4 million NOT, demonstrating the substantial returns possible with strategic early investments in emerging cryptocurrencies. Market Confidence and Trading Volume The increasing trading volume and price movement of NOT coin indicate growing confidence in the TON blockchain. Recent spikes in trading volume suggest robust buying activity, supporting the likelihood of sustained long-term interest in the token. The technical analysis shows consecutive days of gains, represented by a series of green candles on the chart. Future Prospects and Market Trends While the recent sharp increase might lead to a short-term retracement or profit-taking period, the overall volume trends and buying activity suggest a positive outlook for NOT coin. Investors are advised to closely monitor these patterns as they can provide valuable insights into the future trajectory of the coin.
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Will Polygon’s new 10M milestone help MATIC prices? #StartInvestingInCrypto #Megadrop #BinanceLaunchpool #BlackRock #MicroStrategy Polygon was close to approaching 10 million monthly active users on the network.Price of MATIC declined, along with network growth and transaction count.Despite the increasing popularity of other cryptocurrencies and blockchain networks, Polygon MATIC continued to attract a growing number of users to its platform.Data from token terminal indicated that the number of users on the Polygon network were close to 10 million at the time of writing. The surge in activity on the network was driven by the popularity of the Polygon ecosystem. Despite the rising activity on the network, the state of DeFi on the network wasn’t as positive. Adding to that, the TVL (Total Value Locked) on the Polygon network also fell significantly during this period. According to the data, the daily TVL collected from Polygon fell from $1 billion to $942 million over the last few days. Due to these factors, the fees generated by the network have fallen materially. Coupled with that the revenue generated by the network declined significantly. The number of code commits occurring on the Polygon network had declined materially over the past month. Additionally, the number of core developers on the network had also fallen significantly.If this trend continues, the number of updates and upgrades occurring on the network could slow down. New updates and upgrades help improve sentiment around the network. The price of MATIC wasn’t doing too well either. At the time of writing, the price of MATIC was $0.7062 reflecting a decline of 1.82% over the past month. The network growth of the token had also plummeted during this period, indicating a decline in interest from new addresses.Moreover, the transaction volume around Polygon had also fallen significantly implying that the frequency with which MATIC was being traded at, had fallen as well.
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Investing In Notcoin (NOT) Today Could Deliver Over 4000% in Gains !! #StartInvestingInCrypto #Megadrop #altcoins #BlackRock #BinanceLaunchpool Amidst a slow global crypto market, Notcoin (NOT) has caught the attention of investors and enthusiasts alike with its impressive performance. The coin recorded weekly gains of over 350% over the weekend, reaching an all-time high of $0.02896 on Jun 02, 2024 . This performance positions it as one of the top altcoins with potential 100X gains in June 2024. Seizing opportunities with such cryptocurrencies can lead to substantial gains and it is crucial to understand the possibilities. In this article, we will discuss the potential of receiving over 4000% in gains, should you invest in the telegram-based cryptocurrency NOT today.NOT is currently trading at $0.02081, after increasing in value by 8.09% over the past day. However, this cannot be compared to the impressive performance it recorded in the past week with a surge of 230.83%. The crypto market is experiencing heightened trading activity as demonstrated by an increase of 105.09% in NOT’s 24-hour trading volume to record $4.3 billion. This has pushed up the market cap of the coin to 2.18 billion to secure its place as 52nd. Scenario 1: Venture with $500 Imagine yourself as an investor excited to delve into the world of Notcoin in the first scenario. By investing just $500 at the current price of $0.02081, you will own about 24,013.15 tokens. Fast forward to a future where the value of Notcoin sees a huge increase to $1. Your first investment of $500 grows substantially into a portfolio value of $24,013.15. Determining your earnings shows a notable amount of $23,513.15, indicating the potential of NOT to provide significant profits. Furthermore, the percentage ROI increases significantly to a remarkable 4702.63%, highlighting the increbitdible growth potential of this digital asset.In scenario 2, let’s imagine a more substantial investment of $2000 into Notcoin (NOT). With this increased capital, you acquire approximately 96,052.60 tokens at the current price.
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Terra Classic v3.0.1 Upgrade To Trigger Temporary Chain Halt, LUNC Price Reacts !! #StartInvestingInCrypto #Megadrop #altcoins #BinanceLaunchpool #BlackRock The Terra Luna Classic community is set to implement the much-anticipated v3.0.1 upgrade, with the process expected to begin in a couple of hours. Notably, this upgrade follows a unanimous decision by the Terra Luna Classic community, which saw the v3.0.1 software upgrade proposal receive an overwhelming 99.9% approval from both community members and validators. The proposal, put forward by the Terra Luna Classic Layer 1 development team, Genuine Labs, includes significant updates such as sdk 47 and other major enhancements to the blockchain. As the community gears up for this pivotal upgrade, the LUNC price has, however, remained down in the past 24 hours as it dipped 2.95% to $0.0001163 as per CoinMarketCap data. Analysts consider this unusual as the news of the anticipated new development ought to trigger a positive price reaction. Binance’s Role in LUNC Recovery Meanwhile, with the news of the settlement between the United States Securities and Exchange Commission (SEC), Terraform Labs, and Do Kwon, market watchers had observed positive sentiments on Terra ecosystem tokens. As per Coingape’s report, there were forecasts of LUNC having setting its sight on the $1 price mark given the positive sentiments of the SEC settlement news. The v3.0.1 upgrade protocol will require validators to replace the old binary with the new one. The aim is to enhance the Terra network as per performance and operations. Terra Luna Classic’s path to price recovery recently saw Binance, the world’s largest crypto exchange, burn a massive 1.35 billion tokens as part of its internal LUNC mechanism to support the community. According to data, the total burn by Binance till date is over 60 billion, a notable 52% of the Terra Luna Classic Community.
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Notcoin Price Prediction: Is NOT Flame Set To Ignite Further !! #Megadrop #StartInvestingInCrypto #altcoins #BinanceLaunchpool #BlackRock After a six-day surge, a red candle formed yesterday, followed by bulls regaining control today with a green candle. $NOT reached a lifetime high near $0.013290 before experiencing expected retracement. On the 4-hour chart, #Notcoin broke the descending triangle pattern, signaling a potential price surge. Notcoin found significant support around the 0.5 Fibonacci retracement level at $0.011 on the 4-hour chart. Expectations foresee $NOT rebounding from this support and targeting the 1.236% Fibonacci extension level. Notcoin's price has been forming higher highs and lower lows over the past week. As it ascends, NOT could face notable resistance levels at $0.0133, $0.0145, and $0.0156. According to Coingabbar analysis, In a bearish scenario, essential support zones for NOT's price to rebound from are approximately at the $0.011 and $0.0085 levels. KEY LEVELS : RESISTANCE LEVEL : $0.015000-$0.020000 SUPPORT LEVEL : $0.010000-$0.007000 Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
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