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⭐️ How NOT, OM, and XMR Are Defying Market Trends and Attracting Investors 🔸 Notcoin (#NOT ) Notcoin (NOT) has continued to be a standout performer since its launch in mid-May 2024. These changes have occurred, while NOT itself has not fallen by 14.2% within the last 24 hours, though within the last 2 weeks, this crypto has increased by 95.9%. Currently, Notcoin is at $ 0.01609 and is ranked 65th with a market cap of $1.64 billion. From the outset, Notcoin offered a new alternative in the crypto-currency market and gained the attention of the community. Notcoin was first established as a viral game on the Telegram platform that will attract as many people as possible into the Web3 ecosystem through a tap mining method. 🔸 Mantra (#OM ) Mantra (OM), a Layer 1 blockchain that focuses on security, recorded a decline of 8.2% in the last 24 hours, OM’s long-term prospects are very promising. In the last 30 days, OM rose 42.2%, and in one year, the coin increased 4423.9%. This increase pushed the price of Mantra to a new record high of $1.09, surpassing the previous record recorded in April 2024 after a gap of two years. Currently, Mantra is listed with its share price at $0.9888, and the company has a market capitalization of $817 million. Further, OM has traded $56 million in volume within the last day of trading. 🔸 Monero (#XMR ) Monero has also plunged by 0.9% in the last day and its price is $176 for a market cap of $3.24 Billion. However, in the long term, XMR rose quite significantly. In the last one month, its current price at $66.35 is up by 31.9% and, in the last one year, it is up 27.9%. Monero now has been among the challenging competitors in the crypto digital world from the year 2014, they are an anonymous and confidential type of cryptocurrency. While it is similar to Bitcoin (BTC), it also has advanced cryptographic techniques to ensure the anonymity of transacted parties. $NOT $OM {spot}(OMUSDT) {spot}(NOTUSDT)

⭐️ How NOT, OM, and XMR Are Defying Market Trends and Attracting Investors

🔸 Notcoin (#NOT )

Notcoin (NOT) has continued to be a standout performer since its launch in mid-May 2024. These changes have occurred, while NOT itself has not fallen by 14.2% within the last 24 hours, though within the last 2 weeks, this crypto has increased by 95.9%. Currently, Notcoin is at $ 0.01609 and is ranked 65th with a market cap of $1.64 billion.

From the outset, Notcoin offered a new alternative in the crypto-currency market and gained the attention of the community. Notcoin was first established as a viral game on the Telegram platform that will attract as many people as possible into the Web3 ecosystem through a tap mining method.

🔸 Mantra (#OM )

Mantra (OM), a Layer 1 blockchain that focuses on security, recorded a decline of 8.2% in the last 24 hours, OM’s long-term prospects are very promising. In the last 30 days, OM rose 42.2%, and in one year, the coin increased 4423.9%. This increase pushed the price of Mantra to a new record high of $1.09, surpassing the previous record recorded in April 2024 after a gap of two years.

Currently, Mantra is listed with its share price at $0.9888, and the company has a market capitalization of $817 million. Further, OM has traded $56 million in volume within the last day of trading.

🔸 Monero (#XMR )

Monero has also plunged by 0.9% in the last day and its price is $176 for a market cap of $3.24 Billion. However, in the long term, XMR rose quite significantly. In the last one month, its current price at $66.35 is up by 31.9% and, in the last one year, it is up 27.9%.

Monero now has been among the challenging competitors in the crypto digital world from the year 2014, they are an anonymous and confidential type of cryptocurrency. While it is similar to Bitcoin (BTC), it also has advanced cryptographic techniques to ensure the anonymity of transacted parties.

$NOT $OM

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⚠️ 6 Cryptocurrencies To Avoid Trading This Week As Token Unlocks Loom Token unlocks refers to a phenomenon that ensures the release of previously locked tokens into the market, ramping up the supply. This stages as a potentially bearish event, prompting traders to steer clear of trading certain cryptos. Arbitrum (#ARB ) Trading at $0.9227, down 2.99% over the past day, ARB remains at the top of the list, poised to witness token unlocks worth $86.23 million. Data from the Token Unlocks App shows that 96.13 million ARB, equivalent to 3.32% of the circulation supply, will be unlocked on June 16. This has caused speculations over a potential waning price trajectory for ARB ahead. Space ID (#ID ) Meanwhile, ID traded at $0.5654, down 4.15% over the past day. The crypto stands firm to experience a token unlock of 78.49 million ID, worth $44.37 million, equivalent to 18.23% of the circulating supply on June 22. This significant unlock could trigger a slumping price action for ID ahead. Pixels (#PIXEL ) The PIXEL crypto witnessed a 3.84% plunge to $0.3621 today, readying for a $19.65 million worth of token unlock. Notably, 54.38 million PIXEL, equal to 7.05% of the circulating supply, will be unlocked on June 19. ApeCoin ($APE ) APE traded at $1.05 today, down 2.78% from yesterday. The token prepares for an unlock of $16.35 million worth of coins, equivalent to 2.48% of the circulating supply. A total of 15.60 million APE will be unlocked on June 17, igniting investor concerns about the token’s future price movements. Manta Network ($MANTA ) MANTA traded at $1.27, correcting 8.49% over the past day. The token prepares for a $10.8 million worth of unlock on June 18. Data suggests that 7.87 million MANTA, worth 2.42% of the circulating supply, will be released in the market. Render ($RNDR ) RNDR experienced a 2.56% fall to $8.05 today. The token readies for a $6.12 million worth of unlock on June 16. 760.57K RNDR coins, equivalent to 0.20% of the circulating supply, will be unlocked on the abovementioned date.
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📣 3 cryptocurrencies to avoid this week amid $150 million in token unlocks Three cryptocurrencies will unlock over $150 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations. 🔸 Arbitrum’s (#ARB ) $85M token unlock First, Arbitrum (ARB) has the week’s highest unlock in USD value, with an $85.37 million supply inflation. This amount will increase Arbitrum’s circulating supply by 3.2% on June 16, likely creating a selling pressure. The event will release 92.65 million ARB from vesting contracts reserved for the team and private investors. Essentially, the former will receive 56.13 million ARB, worth $51.72 million, while the latter will receive $33.65 million of 36.52 million tokens. Arbitrum unlocks a similar amount of tokens every month, resulting in a yearly inflation superior to 35%. In May, Finbold reported the same 92.65 million ARB unlock worth $92.44 million. Therefore, the $7.17 million month-over-month loss of its contracts evidences the economic effects of this event. 🔸 Avoid trading Space ID (#ID ) and Pixel (#PIXEL ) Finally, Space ID (ID) and Pixel (PIXEL) make for the second and third-largest cryptocurrency unlocks this week. Vesting contracts will release 78.49 million ID on June 22, worth $44.45 million. This will inflate Space ID’s supply by 18.2%, being the most substantial token unlock this week. Moreover, 54.37 million PIXEL will enter the market on June 19, inflating the project’s supply by 7% at a $19.66 million valuation. However, crypto traders will try to speculate on the economic effects these unlocks and sell-offs may have on price, which could bring increased volatility and worsen the potential risk-reward ratio. The market is uncertain and influenced by multiple factors, requiring proper risk management and learning when to avoid trading specific cryptocurrencies. $ARB $ID $PIXEL
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🔥 Analyst Predicts Significant Gains for #Polkadot Despite significant increases in Solana and AVAX this year, one altcoin has lagged behind. We are talking about Polkadot, of course. At the time of writing, the DOT price was at $6.20. Honestly, the cryptocurrency pulling back from the $11 levels has somewhat disappointed its investors. Now, an analyst has shared a chart today, clarifying the levels he expects for the cryptocurrency DOT. 🔸Analyst’s Comment on DOT Cryptocurrency analyst Michael van de Poppe shared a post on X today, giving hope to DOT investors.According to Poppe, DOT has reached a critical support area and accumulation zone. Highlighting what could happen to DOT in the coming days, Poppe believes that considering the numerous projects in the Polkadot ecosystem with the RWA narrative, this project will make significant progress in the coming years. 🔸Target of $17 for #DOT Looking at the chart, the first noticeable thing is a gap indicated by red colors. This area represents a place that can be reached immediately if the DOT price breaks $9.25. Of course, if the cryptocurrency DOT reaches a price tag of $17, it will mean an approximate 180% increase from the current price. Reaching that level will mean significant gains for investors. On the other hand, it should be noted that DOT is still far from its peak level. The peak level for DOT was $55. Considering that other cryptocurrencies have approached their peak prices, we see that there is still room to go for the cryptocurrency DOT. We have also had a week of new developments for Polkadot in the cryptocurrency world. In this context, the project announced that it had allocated a $20 million fund to developers in DeFi ecosystems. Additionally, Polkadot 2.0 is said to have a bright future as it is designed to increase the scalability, flexibility, and efficiency of the Polkadot network. Given that the DOT supply is 1,437,953,431 and all of them are in the market, it can be said that the cryptocurrency DOT can easily surpass its previous peak levels in a bull season. $DOT
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🤖 Vitalik Buterin endorses TiTok AI for onchain image storage TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications. Ethereum co-founder Vitalik Buterin has endorsed the new Token for Image Tokenizer (TiTok) compression method for its potential blockchain application. Not to be confused with the social media platform TikTok, the new TiTok compression method significantly reduces image size, making it more practical for storage on the blockchain. Buterin highlighted TiTok’s blockchain potential on the decentralized social media platform Farcaster, stating “320 bits is basically a hash. Small enough to go on chain for every user.” The development could have significant implications for digital image storage of profile pictures (PFPs) and non-fungible tokens (NFTs). 🔸 TiTok image compression Developed by ByteDance and Technical University Munich researchers, TiTok allows the compression of an image into 32 small data pieces (bits) without losing quality. According to the TiTok research paper, advanced artificial intelligence (AI) image compression enables TiTok to compress a 256x256 pixel image into “32 discrete tokens.” TiTok is a 1-dimensional (1D) image tokenization framework that “breaks grid constraints existing in 2D tokenization methods,” leading to more flexible and compact images. 💬 “As a result, it leads to a substantial speed-up on the sampling process (e.g., 410 × faster than DiT-XL/2) while obtaining a competitive generation quality.” 🔸 Machine learning imagery TiTok utilizes machine learning and advanced AI, using transformer-based models to convert images into tokenized representations. The method uses region redundancy, meaning it identifies and uses redundant information in different regions of the image to reduce the overall data size of the end product. 💬 “Recent advancements in generative models have highlighted the crucial role of image tokenization in the efficient synthesis of high-resolution images” $ETH #VitalikButerin #AI
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