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📉 Top 2 Memecoin To Watch When Market Is Down Today The last 24 hours have been a cooling period for the crypto market, this comes after adding more than $300 billion to the total marketcap in the previous 10 days. Bitcoin price makes a smart move by nit declining after the surge but moving sideways. Memecoins took control on Monday and Tuesday and relayed Wednesday and Thursday to altcoins. The meme season is still on the run and this could be the best time to take a position as the meme coin control cycle is bound to repeat in the next few days. 🔸 #MOG Mog coin is an Ethereum-based stand-out performer memecoin with over 12000% surge since its release in July 2023. The crypto breached its all-time high 2 days ago and has been breaking its all-time highs consistently. Despite its high price, the MOG experience continues to accumulate. Currently trading at $0.000001964 with 7-day growth of 10% and 158% in 30 days, though the coin declined 7.4% in 24 hours but moved above all the moving averages. In a recent metric review of Smart money wallets, MOG became the most accumulated token yesterday, and PEPE stands second. The MOG/USDT 4 hr chart anticipates a rebound surge into an upward channel. Applied MACD is declining towards the middle line, more corrections may take place. 🔸 #PEPE The 3rd Largest meme coin by marketcap PEPE has been the most actively traded meme coin of this cycle with over 25% surge in the last 7 days. PEPE price had a drop to $0.00000767 on July 5, and managed to pull back 57% up to the current price of $0.00001167. Interestingly, the PEPE volume on Thursday hit $1.2 Billion, surpassing DOGE at $730 million and Shba Inu at $810 million. The Open interest data increased to $ 148 million, the highest since June 7, primarily on Bitget and OKX exchanges. This is a good indication of traders interested in buying the asset. Notably a good number of whale activity was seen on Thursday, one whale bought 1.39 trillion Pepe tokens and another whale acquired 44.9 billion and 28.3 billion respectively.

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⭐️ Chainlink’s CCIP Boosts Morphex BMX Token for Cross-Chain Integration The Chainlink Cross-chain Interoperability Protocol (CCIP) plays a crucial role in helping different Web3 ecosystems and traditional systems to interact with different blockchain networks. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) introduces a streamlined interface designed to address all cross-chain requirements for decentralized applications (dApps) and web3 entrepreneurs. CCIP facilitates secure transfers of data, tokens, or a combination of both across multiple blockchain networks. On the other hand, Morphex is a decentralized exchange that facilitates spot and perpetual futures trading, accessible with just a wallet connection. Trades are settled against a single liquidity pool composed of blue-chip assets. Users can provide liquidity with any whitelisted asset and receive LP tokens in return, representing their share in the diversified liquidity pool. Using Chainlink’s CCIP, Morphex can facilitate effective data transfers for its trading platform thereby offering a seamless experience to its users. 🔸 Chainlink CCIP Use Cases With its robust security and effective data transfer facility, Chainlink’s CCIP has found its use case in multiple industry solutions. Ledgity Yield, a stablecoin yield protocol backed by real-world assets, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across Ethereum, Base, and Arbitrum. This integration enables cross-chain transfers of the native LDY token, allowing users to stake the token seamlessly from multiple chains, reported Crypto News Flash. Similarly, Drift, a leading Web3 gaming studio, has announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration facilitates seamless cross-chain transfers for Drift’s tokens, allowing users to move their tokens effortlessly between the BNB Chain, Ethereum, and Polygon networks. This collaboration significantly enhances the accessibility and utility of Drift tokens within the Drift ecosystem. $LINK #LINK

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💳 Lead Dogecoin (DOGE) Dev Issues Crucial Reminder for DogeCard Holders DogeCard, a financial technology company once heralded for its innovative debit card allowing users to spend Dogecoin (DOGE) anywhere Visa is accepted, is set to cease operations. According to recent communications from Mishaboar, a prominent figure in the DOGE community, DogeCard holders must withdraw all funds from their accounts by Aug. 14, 2024. The decision to shutter the service comes amid challenges in securing a banking partner capable of supporting the platform. While DogeCard has not officially disclosed the exact reasons behind the closure, a statement on their X (formerly Twitter) account cites the inability to maintain a viable banking relationship as the primary cause. 💬 Important #Dogecoin : if you hold @TheDogeCard, you have until August 14th, 2024 to withdraw all your funds from the card. The service is going to shut down because they could not secure a banking partner to support it. Big thanks to @RichDevX and YSMAC_ for reporting this. — Mishaboar "It sucks, I know many people used and loved it and Ryan tried to do a good work with it," remarked Mishaboar, expressing regret over the closure. 🔸 Is DogeCard revival possible? The cryptocurrency landscape is marked by volatility and evolving regulatory landscapes, factors that likely contributed to DogeCard's operational hurdles. However, the recent developments, such as the growing acceptance and regulatory clarity around ETFs on major cryptocurrencies like Bitcoin and Ethereum, may pave the way for future innovations in financial products tied to digital assets. While DogeCard's future remains uncertain, enthusiasts hope that ongoing regulatory shifts could eventually create a more favorable environment for similar ventures to thrive once again. But now, as the Dogecoin card service prepares to wind down, users are advised to promptly withdraw their funds before the specified deadline. $DOGE #DOGE

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🚀 Toncoin Surges 342% in 2024, Analysts Eye $20 Target After its revival, Toncoin, the decentralized storage services blockchain project, has seen impressive growth in 2024. From a low of $1.87 at the beginning of the year, the TON network’s native crypto, TON, rallied to an all-time high (ATH) of $8.28, marking a 342% gain. TON’s rally stands out as one of the most significant cryptocurrency rallies this year and propelled the crypto token among the top 10 ranked cryptocurrencies by market capitalization, according to data from CoinmarketCap. Currently sitting at $7.19 after weathering the recent crypto market collapse relatively unscathed, the crypto community is increasingly bullish on TON. Many analysts project the altcoin could hit the $20 mark before the end of 2024. In an earlier post on Coin Edition, it was highlighted how the TON Foundation took over and rebranded the project, renaming it from “Telegram Open Network” to “The Open Network” following the departure of the Telegram founder. Notably, TON’s recent rise has been fueled by significant bullish momentum, as the crypto token experienced minimal pullbacks despite the crypto market’s ups and downs in 2024. TON’s most significant pullback came after the April rally, when the revived altcoin dropped from $7.67 to $4.60 in three weeks. This 40% pullback in April found resistance at the 0.5 Fibonacci retracement level, triggering a bullish run that pushed the price to the current $8.28 ATH. TON traded for $7.20 at the time of writing, with a market capitalization of $18.08 billion. Many network contributors currently support TON, with the Switzerland-based TON Foundation at the helm. Toncoin allows instant payment alongside decentralized storage and a domain name system (DNS). #TON #TonCoin

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🟣 Big Update Coins Polygon MATIC Polygon developers have set September 4 as the date for converting the MATIC token into the Polygon Ecosystem Token (POL) in a 1:1 ratio. The Polygon community approved the initiative. POL will replace MATIC as the main asset for staking and gas payment. 👍 For current MATIC holders in the Polygon PoS network, the transition to POL will occur automatically, without user intervention. $MATIC #MATIC #Polygon

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