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Altranium (ALTR) - listed on multiple coin stores and #coinmarketcap within days. So much interest due to its proven use-cases in the real World. Watch out for this coin to be the next millionaire. 💵💰
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New Cryptocurrency Releases, Listings, & Presales Today – HiveSwap, SolPad, Altranium
Over the last week, Ether ETF reached unprecedented highs, while other cryptocurrencies saw positive returns. As a result, investors are keen on finding low-cost tokens for convenient market access.
This analysis gathers information on new cryptocurrency launches, listings, and presales, detailing their characteristics, functionalities, and past market performance. With this, investors can make informed market decisions.
New Cryptocurrency Releases, Listings, and Presales Today
HiveSwap is a prominent swapping service in the Bitcoin community. It utilizes the interoperable Bitcoin layer facilitated by the MAP Protocol. SolPad emerges as a decentralized platform for project launches and staking on the Solana network, streamlining processes such as smart contract development and token staking.
Meanwhile, Dogeverse has captured considerable interest by securing over $15 million in funding before its launch. It aims to bring together Doge investors across various blockchain platforms. Maple Finance’s crypto lending firm also introduces the Syrup Yield Platform and a rewards token, expanding its offerings in the decentralized finance space.
1. HiveSwap (HIVP)
HiveSwap is a notable swap service within the Bitcoin ecosystem, leveraging the MAP Protocol’s interoperable Bitcoin layer. The project provides liquidity services for assets on Bitcoin Layer 1, the MAP Protocol interoperability layer, and various Bitcoin Layer 2 solutions.
HiveSwap can enable seamless liquidity for assets across the Bitcoin network. This includes Bitcoin’s Layer 1, its interoperability layer, and Bitcoin Layer 2. The MAP Protocol interoperability layer is the foundation, facilitating asset swaps across these three layers.
Additionally, the platform supports peer-to-peer interoperability of assets from major EVM chains. These include Ethereum, BNB Chain, Polygon, Klaytn, Conflux, NEAR, and Tron, allowing for swaps between the Bitcoin network and EVM ecosystem assets.
Furthermore, HiveSwap enables swapping inscription assets with various other asset types, ensuring these assets maintain liquidity in a decentralized environment. It supports swaps between $BTC and other assets and offers liquidity pools for $BTC-related assets, addressing decentralized liquidity exchange needs.
HiveSwap employs a liquidity mining model with token rewards to encourage liquidity provision. Different incentive schemes are tailored to various trading pairs across different infrastructures. The platform token is used in several ways, including a fee buyback model, ensuring a gradual reduction in the token’s total supply.
$HIVP top gainer！#HiveSwap #bitcoinlayer2 pic.twitter.com/lguBcdBSEF
— Hiveswap (@hiveswap_io) May 28, 2024
Moreover, using a reliable and industry-proven swap technology framework, HiveSwap ensures the security of exchanges and user funds. Mature technology protects the addition of liquidity pools. HiveSwap has partnered with DeHackerio to enhance its services for a comprehensive audit with Merlin_Starter and ROUP brc20roup.
Recently, HiveSwap announced an airdrop of its HIVP token. Twenty percent of the allocation is dedicated to airdrops and marketing to engage and reward the community. Overall, HiveSwap offers a robust and interoperable liquidity solution within the Bitcoin ecosystem. It integrates with various EVM chains and supports diverse asset types.
2. SolPad (SPAD)
SolPad is a decentralized launchpad and staking ecosystem on the Solana network. It is designed to streamline project launches, smart contract creation, and token staking. The platform offers token creation, an intuitive interface, automated smart contract deployment, node deployment, and interoperability for other decentralized applications (dApps).
Moreover, its transparent staking mechanism ensures the security of staked tokens. The $SPAD token drives SolPad’s functionality. It serves as a governance token, enables staking, grants access to features, and acts as a payment method for transaction fees. A portion of the token supply supports early adopters and investors, while the rest aids ongoing development, marketing, and partnerships.
Key features include a staking and farming portal, community-driven governance, a revenue-sharing model, and expert advice. The staking portal allows $SPAD holders to earn rewards, which increase with longer staking periods.
Additionally, community-driven governance lets $SPAD holders propose and vote on platform changes. Furthermore, the revenue-sharing model enables $SPAD holders to benefit from the success of projects launched on the platform. Expert advice ensures projects are vetted for legitimacy and viability.
https://twitter.com/SolPadGlobal/status/1793871528398041238
Strategic partnerships with Peachfolio, SharbiToken, and orbitt_ai enhance SolPad’s ecosystem. These collaborations focus on leveraging SolPad’s launchpad capabilities, incubating projects, and simplifying the launch process for developers on Solana. Recently, SolPad announced presales for Peperon coin and Ruthless Kitty, highlighting its active role in supporting new ventures.
In conclusion, SolPad offers comprehensive tools for project launches and token staking on Solana. It emphasizes community governance, revenue sharing, and expert support. The $SPAD token is crucial for accessing and benefiting from the platform’s features, fostering an engaged community.
3. Altranium (ALTR)
Altranium Coin introduces a comprehensive ecosystem, integrating emerging technologies to establish DeFi, SocialFi, GameFi, and metaverses. It demonstrates the capacity to process tokens across blockchains seamlessly, eliminating the need for bridges.
By employing the Genesis block and various protocols, Altranium facilitates multidisciplinary multiverses with diverse capabilities. Moreover, it leverages the Ethereum blockchain for decentralized finance (DeFi) while enhancing interactive experiences with VR Media Codec.
As a Layer-0 blockchain project, Altranium integrates quantum-resistant security measures and AI-enabled features to redefine security, efficiency, and user engagement standards within the blockchain sector.
One prevalent challenge Altranium addresses is the security vulnerabilities in traditional blockchain networks, including susceptibility to hacking and unauthorized access. Additionally, scalability issues, often leading to congestion and transaction delays, hinder mass adoption and application growth.
Low user engagement is another obstacle attributed to uninspiring user experiences, resulting in limited community involvement. Furthermore, the complex management of validators on blockchain networks poses challenges to decentralization and broader user participation.
Proud to announce our upcoming listing on CoinMarketCap!
ALTR -> CMC 🙌@CoinMarketCap we hereby confirm your request for verification and are excited to comply with your requirements to ensure the legitimacy of our project.
TICKET NUMBER :: 921171 pic.twitter.com/bv8aO9y8lW
— Altranium (@altranium) May 27, 2024
Altranium’s partnership with Easybuild marks a significant milestone, introducing the Meta-Commerce association. Easybuild, recognized as Asia’s leading Web 3 Infrastructure, facilitates home-building and CRE architectural visualization.
In recent news, Altranium’s listing on CMC underscores its growing recognition within the cryptocurrency market. Altranium Coin presents a promising solution to prevalent challenges in blockchain technology, emphasizing security, scalability, and user engagement. Collaborations with industry leaders like Easybuild further solidify its position in the growing blockchain space.
4. Dogeverse (DOGEVERSE)
Dogeverse, a project aiming to unite Doge investors across various blockchains, has garnered significant attention by raising over $15 million in funding before its upcoming launch. The initiative, designed to foster community engagement and reward token holders, is structured into five distinct phases, with the initial two already accomplished.
In the initial phases, Dogeverse laid the groundwork by launching its website, establishing a social media presence, and initiating a presale that is now nearing completion. In Phase 3, the project plans to allocate presale funds toward marketing endeavors to bolster brand visibility. Additionally, efforts will be made to secure listings on prominent cryptocurrency comparison platforms such as CoinMarketCap and CoinGecko, facilitating easier evaluation for potential investors.
Phase 4 will see Dogeverse focus on securing listings on decentralized exchange (DEX) platforms and subscribing to relevant research and analytical tools specific to DEXes. The final phase aims to list centralized platforms while introducing supplementary community incentives.
Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024
Dogeverse offers a staking mechanism to incentivize token holders for maintenance. Stakers can earn an APY of 46%, with approximately 34 billion tokens already staked. The project aims to establish a resilient multi-chain ecosystem that promotes community engagement and rewards token holders. This makes it an attractive prospect for investors seeking long-term engagement within the Doge community.
Visit Dogeverse Presale
Read More
New Cryptocurrency Listings
This analysis gathers information on new cryptocurrency launches, listings, and presales, detailing their characteristics, functionalities, and past market performance. With this, investors can make informed market decisions.
New Cryptocurrency Releases, Listings, and Presales Today
HiveSwap is a prominent swapping service in the Bitcoin community. It utilizes the interoperable Bitcoin layer facilitated by the MAP Protocol. SolPad emerges as a decentralized platform for project launches and staking on the Solana network, streamlining processes such as smart contract development and token staking.
Meanwhile, Dogeverse has captured considerable interest by securing over $15 million in funding before its launch. It aims to bring together Doge investors across various blockchain platforms. Maple Finance’s crypto lending firm also introduces the Syrup Yield Platform and a rewards token, expanding its offerings in the decentralized finance space.
1. HiveSwap (HIVP)
HiveSwap is a notable swap service within the Bitcoin ecosystem, leveraging the MAP Protocol’s interoperable Bitcoin layer. The project provides liquidity services for assets on Bitcoin Layer 1, the MAP Protocol interoperability layer, and various Bitcoin Layer 2 solutions.
HiveSwap can enable seamless liquidity for assets across the Bitcoin network. This includes Bitcoin’s Layer 1, its interoperability layer, and Bitcoin Layer 2. The MAP Protocol interoperability layer is the foundation, facilitating asset swaps across these three layers.
Additionally, the platform supports peer-to-peer interoperability of assets from major EVM chains. These include Ethereum, BNB Chain, Polygon, Klaytn, Conflux, NEAR, and Tron, allowing for swaps between the Bitcoin network and EVM ecosystem assets.
Furthermore, HiveSwap enables swapping inscription assets with various other asset types, ensuring these assets maintain liquidity in a decentralized environment. It supports swaps between $BTC and other assets and offers liquidity pools for $BTC-related assets, addressing decentralized liquidity exchange needs.
HiveSwap employs a liquidity mining model with token rewards to encourage liquidity provision. Different incentive schemes are tailored to various trading pairs across different infrastructures. The platform token is used in several ways, including a fee buyback model, ensuring a gradual reduction in the token’s total supply.
$HIVP top gainer！#HiveSwap #bitcoinlayer2 pic.twitter.com/lguBcdBSEF
— Hiveswap (@hiveswap_io) May 28, 2024
Moreover, using a reliable and industry-proven swap technology framework, HiveSwap ensures the security of exchanges and user funds. Mature technology protects the addition of liquidity pools. HiveSwap has partnered with DeHackerio to enhance its services for a comprehensive audit with Merlin_Starter and ROUP brc20roup.
Recently, HiveSwap announced an airdrop of its HIVP token. Twenty percent of the allocation is dedicated to airdrops and marketing to engage and reward the community. Overall, HiveSwap offers a robust and interoperable liquidity solution within the Bitcoin ecosystem. It integrates with various EVM chains and supports diverse asset types.
2. SolPad (SPAD)
SolPad is a decentralized launchpad and staking ecosystem on the Solana network. It is designed to streamline project launches, smart contract creation, and token staking. The platform offers token creation, an intuitive interface, automated smart contract deployment, node deployment, and interoperability for other decentralized applications (dApps).
Moreover, its transparent staking mechanism ensures the security of staked tokens. The $SPAD token drives SolPad’s functionality. It serves as a governance token, enables staking, grants access to features, and acts as a payment method for transaction fees. A portion of the token supply supports early adopters and investors, while the rest aids ongoing development, marketing, and partnerships.
Key features include a staking and farming portal, community-driven governance, a revenue-sharing model, and expert advice. The staking portal allows $SPAD holders to earn rewards, which increase with longer staking periods.
Additionally, community-driven governance lets $SPAD holders propose and vote on platform changes. Furthermore, the revenue-sharing model enables $SPAD holders to benefit from the success of projects launched on the platform. Expert advice ensures projects are vetted for legitimacy and viability.
https://twitter.com/SolPadGlobal/status/1793871528398041238
Strategic partnerships with Peachfolio, SharbiToken, and orbitt_ai enhance SolPad’s ecosystem. These collaborations focus on leveraging SolPad’s launchpad capabilities, incubating projects, and simplifying the launch process for developers on Solana. Recently, SolPad announced presales for Peperon coin and Ruthless Kitty, highlighting its active role in supporting new ventures.
In conclusion, SolPad offers comprehensive tools for project launches and token staking on Solana. It emphasizes community governance, revenue sharing, and expert support. The $SPAD token is crucial for accessing and benefiting from the platform’s features, fostering an engaged community.
3. Altranium (ALTR)
Altranium Coin introduces a comprehensive ecosystem, integrating emerging technologies to establish DeFi, SocialFi, GameFi, and metaverses. It demonstrates the capacity to process tokens across blockchains seamlessly, eliminating the need for bridges.
By employing the Genesis block and various protocols, Altranium facilitates multidisciplinary multiverses with diverse capabilities. Moreover, it leverages the Ethereum blockchain for decentralized finance (DeFi) while enhancing interactive experiences with VR Media Codec.
As a Layer-0 blockchain project, Altranium integrates quantum-resistant security measures and AI-enabled features to redefine security, efficiency, and user engagement standards within the blockchain sector.
One prevalent challenge Altranium addresses is the security vulnerabilities in traditional blockchain networks, including susceptibility to hacking and unauthorized access. Additionally, scalability issues, often leading to congestion and transaction delays, hinder mass adoption and application growth.
Low user engagement is another obstacle attributed to uninspiring user experiences, resulting in limited community involvement. Furthermore, the complex management of validators on blockchain networks poses challenges to decentralization and broader user participation.
Proud to announce our upcoming listing on CoinMarketCap!
ALTR -> CMC 🙌@CoinMarketCap we hereby confirm your request for verification and are excited to comply with your requirements to ensure the legitimacy of our project.
TICKET NUMBER :: 921171 pic.twitter.com/bv8aO9y8lW
— Altranium (@altranium) May 27, 2024
Altranium’s partnership with Easybuild marks a significant milestone, introducing the Meta-Commerce association. Easybuild, recognized as Asia’s leading Web 3 Infrastructure, facilitates home-building and CRE architectural visualization.
In recent news, Altranium’s listing on CMC underscores its growing recognition within the cryptocurrency market. Altranium Coin presents a promising solution to prevalent challenges in blockchain technology, emphasizing security, scalability, and user engagement. Collaborations with industry leaders like Easybuild further solidify its position in the growing blockchain space.
4. Dogeverse (DOGEVERSE)
Dogeverse, a project aiming to unite Doge investors across various blockchains, has garnered significant attention by raising over $15 million in funding before its upcoming launch. The initiative, designed to foster community engagement and reward token holders, is structured into five distinct phases, with the initial two already accomplished.
In the initial phases, Dogeverse laid the groundwork by launching its website, establishing a social media presence, and initiating a presale that is now nearing completion. In Phase 3, the project plans to allocate presale funds toward marketing endeavors to bolster brand visibility. Additionally, efforts will be made to secure listings on prominent cryptocurrency comparison platforms such as CoinMarketCap and CoinGecko, facilitating easier evaluation for potential investors.
Phase 4 will see Dogeverse focus on securing listings on decentralized exchange (DEX) platforms and subscribing to relevant research and analytical tools specific to DEXes. The final phase aims to list centralized platforms while introducing supplementary community incentives.
Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024
Dogeverse offers a staking mechanism to incentivize token holders for maintenance. Stakers can earn an APY of 46%, with approximately 34 billion tokens already staked. The project aims to establish a resilient multi-chain ecosystem that promotes community engagement and rewards token holders. This makes it an attractive prospect for investors seeking long-term engagement within the Doge community.
Visit Dogeverse Presale
Read More
New Cryptocurrency Listings
There is currently no increase in demand for #Bitcoin transactions.A temporary increase in demand was a bull market factor, and there is currently no economic incentive to attack the network.
More fascinating facts about BTC security model.
#coinmarketcap #crypto2023 #ai #dyor
More fascinating facts about BTC security model.
#coinmarketcap #crypto2023 #ai #dyor
Trust Wallet & CoinMarketCap Bring Decentralized Logins to More People Than Ever.
#TrustWallet #coinmarketcap #crypto2023 #decentralization #dyor
#TrustWallet #coinmarketcap #crypto2023 #decentralization #dyor
Tether's stablecoin market cap reaches almost $75 billion, doubling USDC, following SVB disruptions, according to CoinGecko.
#BTC #Binance #coingecko #coinmarketcap #Binance
#BTC #Binance #coingecko #coinmarketcap #Binance
🔥🔥🔥 Here is a list of 🔝Ten biggest #crypto losers 📉in last 2️⃣4️⃣ hours⏰
Updated: October 2️⃣3️⃣
#coinmarketcap 🔝2️⃣0️⃣0️⃣
😳 There are no 1️⃣0️⃣ losers in the market today🔥
Updated: October 2️⃣3️⃣
#coinmarketcap 🔝2️⃣0️⃣0️⃣
😳 There are no 1️⃣0️⃣ losers in the market today🔥
AlphaQuest counted the number of “dead” cryptocurrencies.
For crypto projects, 2023 was the hardest year over the last 4 years. During this period, developers abandoned 59.35% of tokens tracked on CoinMarketCap.
Analysts studied more than 12,000 projects, identifying the “dead” ones based on four criteria:
📌Low liquidity/trading volume
📌Dysfunctional site
📌Delisted from CoinMarketCap
📌Deleted X account (no updates in X for more than three months).
It turns out that almost 60% of projects have been abandoned.
This is why we constantly remind you that any investment in crypto is high risk and to always DYOR.
#Write2Earn #DYOR!! #coinmarketcap #alphaquest
For crypto projects, 2023 was the hardest year over the last 4 years. During this period, developers abandoned 59.35% of tokens tracked on CoinMarketCap.
Analysts studied more than 12,000 projects, identifying the “dead” ones based on four criteria:
📌Low liquidity/trading volume
📌Dysfunctional site
📌Delisted from CoinMarketCap
📌Deleted X account (no updates in X for more than three months).
It turns out that almost 60% of projects have been abandoned.
This is why we constantly remind you that any investment in crypto is high risk and to always DYOR.
#Write2Earn #DYOR!! #coinmarketcap #alphaquest
Binance Announces Major New Notcoin (NOT) and Dogwifhat (WIF) Listings
Crypto
Binance Announces Major New Notcoin (NOT) and Dogwifhat (WIF) Listings
Cover image via U.Today
Binance, a leading cryptocurrency exchange, is set to expand its trading options, with new pairs featuring Notcoin (NOT) and Dogwifhat (WIF). The new pairs, which are NOT to Brazil Real and WIF to Euro, will be available for trading tomorrow.
Notcoin started as a viral Telegram game on the TON blockchain, attracting a significant user base through a tap-to-earn mining mechanism. Despite initial skepticism, Notcoin has achieved a market capitalization of $1.8 billion and a trading volume of $1 billion.
Dogwifhat, a Solana-based meme coin featuring a Shiba Inu with a knitted hat, has seen remarkable growth since its launch in November 2023. The token's price surged from nearly zero to $4.88, with a current market capitalization of $2.76 billion and a trading volume of $500 million.
The inclusion of these pairs with the Brazilian Real (BRL) and the Euro (EUR) outlines their significance on the crypto market, providing liquidity and accessibility for traders. By listing popular tokens like Notcoin and Dogwifhat, Binance aims to attract more trading volume and increase revenue through trading fees.
Binance will also introduce trading bot services for these pairs, further enhancing the trading experience. However, residents of several countries, including the United States, Canada and the Netherlands, will not be able to trade these pairs due to regional restrictions.
#ContentMasteryChallenge01
#Write&Earn
#coinmarketcap
Crypto
Binance Announces Major New Notcoin (NOT) and Dogwifhat (WIF) Listings
Cover image via U.Today
Binance, a leading cryptocurrency exchange, is set to expand its trading options, with new pairs featuring Notcoin (NOT) and Dogwifhat (WIF). The new pairs, which are NOT to Brazil Real and WIF to Euro, will be available for trading tomorrow.
Notcoin started as a viral Telegram game on the TON blockchain, attracting a significant user base through a tap-to-earn mining mechanism. Despite initial skepticism, Notcoin has achieved a market capitalization of $1.8 billion and a trading volume of $1 billion.
Dogwifhat, a Solana-based meme coin featuring a Shiba Inu with a knitted hat, has seen remarkable growth since its launch in November 2023. The token's price surged from nearly zero to $4.88, with a current market capitalization of $2.76 billion and a trading volume of $500 million.
The inclusion of these pairs with the Brazilian Real (BRL) and the Euro (EUR) outlines their significance on the crypto market, providing liquidity and accessibility for traders. By listing popular tokens like Notcoin and Dogwifhat, Binance aims to attract more trading volume and increase revenue through trading fees.
Binance will also introduce trading bot services for these pairs, further enhancing the trading experience. However, residents of several countries, including the United States, Canada and the Netherlands, will not be able to trade these pairs due to regional restrictions.
#ContentMasteryChallenge01
#Write&Earn
#coinmarketcap
Top 5 rising coins in the last 7 days according to CMC data.
#CMC #coinmarketcap #top5 #7D #crypto2023
#CMC #coinmarketcap #top5 #7D #crypto2023
0.5% of all ETH has been lost forever
Conor Grogan released a series of tweets in which he reported that about 636,000 ETH worth more than $1 billion had been lost forever.
#ETH #Ethereum #coinmarketcap
Conor Grogan released a series of tweets in which he reported that about 636,000 ETH worth more than $1 billion had been lost forever.
#ETH #Ethereum #coinmarketcap
Investors Shifted Funding From CeFi To DeFi Following Major Crashes
In the wake of significant collapses in centralized finance (CeFi) platforms, the crypto industry is witnessing a significant shift in funding from CeFi to #decentralized finance (DeFi) platforms, according to a recent report by #coinmarketcap .
The report highlights that investors are increasingly looking towards DeFi platforms due to their transparency, security, and efficiency compared to CeFi platforms.
The Crypto Funding Shift
The CoinGecko report revealed that the risks in the CeFi sector had increased the number of investors turning to DeFi platforms, which offer several benefits. These benefits include increased transparency, where transactions are recorded on a public blockchain, allowing investors to see how the platforms use their funds.
Moreover, #DeFi platforms are more secure since they use smart contracts to execute transactions rather than relying on centralized intermediaries. Also, the efficiency of DeFi platforms contributes to its growing number of investors, as they allow them to have more control over their funds.
This enables them to trade assets instantly without going through a centralized exchange, resulting in lower fees and faster transaction times.
The CoinGecko report concludes that the shift toward DeFi funding is likely to continue in the coming months as investors increasingly prioritize security, transparency, and efficiency over centralized control.
DeFi And CeFi Funding Activities
There were several DeFi and CeFi funding activities from various crypto organizations to recall in 2022. But according to the report from CoinGecko, Luna Foundation Guard (LFG) made the most significant DeFi funding in this period, a $1 billion in sales of the LUNA coin in February 2022. This remarkable event preceded the fall of TerraClassicUSD and Terra Luna Classic three months later.
Other contributors to the DeFi funding were Lido Finance, an Ethereum staking protocol, and the Ethereum-native DEX (decentralized exchange) Uniswap. The report shows that both companies raised $94 million and $164 million, respectively.
Regarding #CeFi funding, the report noted that FTX U.S. and FTX received the highest portion after raising about $800 million in January. This figure amounts to 18.6% of the total CeFi funding recorded in 2022. However, after 10 months of regular operations, the crypto firm collapsed and filed for bankruptcy.
Some other areas included in the investment include blockchain technology and blockchain infrastructure companies. Both sectors raised about $2.7 billion and $2.8 billion, respectively, and this trend has remained over the last few years.
Currently, it’s not easy to determine how the current trend will affect the broader market. But many crypto companies may migrate to the DeFi sector considering its growing trend and benefits.
The report highlights that investors are increasingly looking towards DeFi platforms due to their transparency, security, and efficiency compared to CeFi platforms.
The Crypto Funding Shift
The CoinGecko report revealed that the risks in the CeFi sector had increased the number of investors turning to DeFi platforms, which offer several benefits. These benefits include increased transparency, where transactions are recorded on a public blockchain, allowing investors to see how the platforms use their funds.
Moreover, #DeFi platforms are more secure since they use smart contracts to execute transactions rather than relying on centralized intermediaries. Also, the efficiency of DeFi platforms contributes to its growing number of investors, as they allow them to have more control over their funds.
This enables them to trade assets instantly without going through a centralized exchange, resulting in lower fees and faster transaction times.
The CoinGecko report concludes that the shift toward DeFi funding is likely to continue in the coming months as investors increasingly prioritize security, transparency, and efficiency over centralized control.
DeFi And CeFi Funding Activities
There were several DeFi and CeFi funding activities from various crypto organizations to recall in 2022. But according to the report from CoinGecko, Luna Foundation Guard (LFG) made the most significant DeFi funding in this period, a $1 billion in sales of the LUNA coin in February 2022. This remarkable event preceded the fall of TerraClassicUSD and Terra Luna Classic three months later.
Other contributors to the DeFi funding were Lido Finance, an Ethereum staking protocol, and the Ethereum-native DEX (decentralized exchange) Uniswap. The report shows that both companies raised $94 million and $164 million, respectively.
Regarding #CeFi funding, the report noted that FTX U.S. and FTX received the highest portion after raising about $800 million in January. This figure amounts to 18.6% of the total CeFi funding recorded in 2022. However, after 10 months of regular operations, the crypto firm collapsed and filed for bankruptcy.
Some other areas included in the investment include blockchain technology and blockchain infrastructure companies. Both sectors raised about $2.7 billion and $2.8 billion, respectively, and this trend has remained over the last few years.
Currently, it’s not easy to determine how the current trend will affect the broader market. But many crypto companies may migrate to the DeFi sector considering its growing trend and benefits.
Top 10 #Crypto Performers in past 2 Days within Top 200 Marketcap Coins:
1. $BABYDOGE 20.96%
2. $ALI 17.54%
3. $LQTY 14.36%
4. $SNX 5.59%
5. $NEO 5.25%
6. $AGIX 3.94%
7. $QNT 3.88%
8. $TWT 3.79%
9. $MULTI 3.64%
10. $BTSE 3.16%
#Binance #keepbuilding #support #coinmarketcap
1. $BABYDOGE 20.96%
2. $ALI 17.54%
3. $LQTY 14.36%
4. $SNX 5.59%
5. $NEO 5.25%
6. $AGIX 3.94%
7. $QNT 3.88%
8. $TWT 3.79%
9. $MULTI 3.64%
10. $BTSE 3.16%
#Binance #keepbuilding #support #coinmarketcap
$BTC
$ETH
$BNB
What do you prefer ? Unknown coins which Are listed on #coinmarketcap with very low marketcap Even loser Then 100k (or 1m$) or do you Like the established coins in the top 100-200 ?:)
$ETH
$BNB
What do you prefer ? Unknown coins which Are listed on #coinmarketcap with very low marketcap Even loser Then 100k (or 1m$) or do you Like the established coins in the top 100-200 ?:)
Unknown coins
28%
Known coins
72%
25 ψήφοι • Η ψηφοφορία ολοκληρώθηκε
Yes
0%
No
0%
0 ψήφοι • Η ψηφοφορία ολοκληρώθηκε
Your daily #DogeArmy update!
We #keepbuilding and expanding our team, we recently added a new CM and a listing manager to be able to keep up with the community and get listings faster , we're expecting to hit #coinmarketcap soon , and soon enough the rewards will be🔥#dyor #BNB
We #keepbuilding and expanding our team, we recently added a new CM and a listing manager to be able to keep up with the community and get listings faster , we're expecting to hit #coinmarketcap soon , and soon enough the rewards will be🔥#dyor #BNB
Tether Launches Alloy, US Dollar-Pegged Stablecoin Backed By Gold
Tether Launches Alloy, US Dollar-Pegged Stablecoin Backed by Gold
Tether is stepping into new territory with the launch of Alloy (aUSDT), a gold-backed stablecoin pegged to the U.S. dollar. According to Tether, Alloy will be overcollateralized by Tether Gold (XAUt), a token representing ownership of physical gold, while being pegged to the U.S. dollar. This arrangement makes Alloy a synthetic dollar, designed to emulate the value and functionality of the U.S. dollar without direct backing.
In an explanatory post on X, Tether described tethered assets as digital assets intended to track the reference price of another asset through various stabilization mechanisms. Alloy by Tether claims to offer long-term holders the chance to maintain gold exposure while simultaneously obtaining a dollar-referenced tethered asset for everyday transactions and payments. Alloy can be minted on the new Alloy by Tether platform, offering a unique blend of stability and flexibility for digital asset holders.
The introduction of aUSDT offers both stability and flexibility. Tether indicated that other tethered assets, including yield-bearing products, could also be developed on the Alloy platform. The synthetic dollar can be minted by depositing XAUt through a smart contract and price oracles, allowing users to conduct transactions with aUSDT while retaining their gold-backed Tether assets.
This development comes in the wake of Tether's record $4.5 billion profit in Q1 2024, primarily driven by Bitcoin and gold. The creation of aUSDT was spearheaded by Tether subsidiaries Moon Gold and Moon Gold El Salvador. Tether CEO Paolo Ardoino noted that Alloy by Tether will become part of a broader real-world asset tokenization platform launching later this year.
Tether is stepping into new territory with the launch of Alloy (aUSDT), a gold-backed stablecoin pegged to the U.S. dollar. According to Tether, Alloy will be overcollateralized by Tether Gold (XAUt), a token representing ownership of physical gold, while being pegged to the U.S. dollar. This arrangement makes Alloy a synthetic dollar, designed to emulate the value and functionality of the U.S. dollar without direct backing.
In an explanatory post on X, Tether described tethered assets as digital assets intended to track the reference price of another asset through various stabilization mechanisms. Alloy by Tether claims to offer long-term holders the chance to maintain gold exposure while simultaneously obtaining a dollar-referenced tethered asset for everyday transactions and payments. Alloy can be minted on the new Alloy by Tether platform, offering a unique blend of stability and flexibility for digital asset holders.
The introduction of aUSDT offers both stability and flexibility. Tether indicated that other tethered assets, including yield-bearing products, could also be developed on the Alloy platform. The synthetic dollar can be minted by depositing XAUt through a smart contract and price oracles, allowing users to conduct transactions with aUSDT while retaining their gold-backed Tether assets.
This development comes in the wake of Tether's record $4.5 billion profit in Q1 2024, primarily driven by Bitcoin and gold. The creation of aUSDT was spearheaded by Tether subsidiaries Moon Gold and Moon Gold El Salvador. Tether CEO Paolo Ardoino noted that Alloy by Tether will become part of a broader real-world asset tokenization platform launching later this year.
Here is a list of 🔝Ten biggest #crypto gainers 📈 in last 2️⃣4️⃣ hours⏰
Updated: October 2️⃣0️⃣
#coinmarketcap 🔝2️⃣0️⃣0️⃣
1️⃣ Bitcoin SV - $BSV 📈 +25,83%
2️⃣ Ardor - $ARDR 📈 +22,62%
3️⃣ Orbs - $ORBS 📈 +18,68%
4️⃣ Tellor - $TRB 📈 +10,28%
5️⃣ Stacks - $STX 📈 +10,11%
6️⃣ Solana - $SOL 📈 +9,42%
7️⃣ eCash - $XEC 📈 +8,29%
8️⃣ MX Token - $MX 📈 +7,78%
9️⃣ XRP - $XRP 📈 +7,66%
🔟 Injective - $INJ 📈 +6,75%
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#SpaceCatch #Binance #crypto2023
Updated: October 2️⃣0️⃣
#coinmarketcap 🔝2️⃣0️⃣0️⃣
1️⃣ Bitcoin SV - $BSV 📈 +25,83%
2️⃣ Ardor - $ARDR 📈 +22,62%
3️⃣ Orbs - $ORBS 📈 +18,68%
4️⃣ Tellor - $TRB 📈 +10,28%
5️⃣ Stacks - $STX 📈 +10,11%
6️⃣ Solana - $SOL 📈 +9,42%
7️⃣ eCash - $XEC 📈 +8,29%
8️⃣ MX Token - $MX 📈 +7,78%
9️⃣ XRP - $XRP 📈 +7,66%
🔟 Injective - $INJ 📈 +6,75%
Do you want to receive this information every day? Give us a like❤️ and start following us🔔
#SpaceCatch #Binance #crypto2023