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XRP, FLOKI see major market gains; new memecoin poised to excel @sanor016 #sanor016CommUNITY NuggetRush prepares to go big post-launch NuggetRush has been hailed as one of the leading projects, checking most, if not all, the boxes. For starters, its ongoing presale is impressive, hitting $3.4 million earlier this week and soaring past most new ICOs. #BullorBear Further, it represents the best features of memes, GameFi, P2E, and NFTs—the hottest crypto trends. This makes it appealing to investors and enthusiasts across the crypto landscape. Hence, it is expected to do exceedingly well. In the launchpad round of the presale, a token costs $0.019 and is tipped for a 55x upswing after its debut. Besides its anticipated bullish trajectory post-launch, its smart contract audit by SolidProof further makes it appealing. More importantly, the contract will be renounced after launch, with ownership transferred to the community, making it trustless and transparent. #BinanceLaunchpool Social media platforms might be flooded with airdrop farming, especially for BLOCK, but Ripple has begun to get the right kind of attention. It is no secret that it is caught in the web of regulatory uncertainties, with its ongoing lawsuit with the US SEC dragging on and creating bad PR. #Memecoins investors have been looking beyond its regulatory landscape and more at its potential. It is perceived to be one of the most bullish altcoins, competing with hot narratives like AI tokens and gaming tokens. Following the overall market upswing, XRP has been mirroring the movement, sparking excitement within the community. #sanor016CommUNITY According to top analysts, XRP’s surge past $1.00 this year is imminent, making it one of the best cryptos to invest in. Given its upside potential, investors can ride this promising wave by accumulating more XRPs and HODLing.

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Dogwifhat, Bonk see gains; Slothana poised to be major Solana memecoin @sanor016 #sanor016CommUNITY As Dogwifhat and Bonk mark their territory with significant gains in the Solana ecosystem, the newcomer Slothana catches the eye, rapidly raising $2 million in its presale, signaling its potential to become the next big Solana memecoin. The Solana memecoin ecosystem continues to prevail as market leaders Dogwifhat and Bonk increase by 20% and 5%, respectively. However, emerging presale Slothana looks primed to challenge the top dogs, raising $2 million in its first three days. Dogwifhat and Bonk soar as Solana network thrives The Solana network is growing in notoriety as its leading meme coins continue to dominate the market. Currently, Dogwifhat is priced at $3.7, up 20% today, 52% this week, and 365% this month. Its recent increase has forged a higher high on its price chart, confirming its bullish trend trajectory. Meanwhile, its RSI is back on the rise after resetting last week. This places WIF in an advantageous position, currently near an ATH with its RSI in the mid-range. Dogwifhat, Bonk see gains; Slothana poised to be major Solana Prominent trader Wick cited a “dots” indicator to analyze Dogwifhat’s upcoming outlook. He noted that the token is bullish on both the micro and macro time frames. Also offering an optimistic outlook, TradingView analyst MarinaCeoFarmCoin anticipates a move toward $5.2. The analyst initially published the chart idea when WIF was trading at $2.3. He set four price targets, the first three of which have already hit, leaving only $5.2 remaining. Bonk has also been enjoying bullish momentum recently. It is currently priced at $0.00002721, up 5% today, 15% this week, and 28% this month. After a retracement from its ATH, Bonk has reclaimed its earlier ATH, flipping it into support. Similarly to WIF, BONK also reset its RSI recently, providing room for further growth.

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Vitalik Buterin calls for ‘higher quality’ meme coins @sanor016 #sanor016CommUNITY Ethereum co-founder Vitalik Buterin is becoming more vocal about the current meme coin craze. “I want to see higher quality fun projects that contribute positively to the ecosystem and the world around them (and not just by ‘bringing in users’) get more mindshare,” Buterin wrote on Friday, March 29. “At the least, more good memecoins than bad ones, ideally those that support public goods instead of just enriching insiders and creators.” #sanor016CommUNITY Buterin also highlighted the potential for meme coins to serve as a third form of funding technology, catering to various societal causes (i.e., an AntiCancerCoin or ClimateCoin). He further expressed concerns about the current surge in meme coins. There are currently more than 340 meme coins in circulation, according to CoinGape. Typically, these meme coins are just hyped by founders and insiders and have no real value to the general public. Some of these meme coins even have openly racist elements within certain projects, particularly in the Solana ecosystem, Buterin noted. #MemeCoinsSeason Buterin expressed his concerns about how meme coins are dominating discussions within the crypto space in 2024. He noted their history, dating back to Dogecoin in 2015, and how they were a prominent topic during the 2020-2021 season. However, this time around, their resurgence is causing unease, as they lack innovation and substance. #sanor016CommUNITY Despite meme coin shortcomings, Buterin noted a successful example where he gifted half the supply of the Dogelon Mars token to the Methuselah Foundation, fostering a positive relationship between the foundation and the Dogelon Mars community, effectively converting ELON into a charity coin. In exploring solutions, Buterin emphasized the importance of creating meaningful and engaging games within the cryptocurrency space. #sanor016CommUNITY

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LayerZero CEO alleges Kyle Davies offered ‘better rates’ in a bid to rescue 3AC before bankruptcy @sanor016 #sanor016CommUNITY Bryan Pellegrino, LayerZero’s co-founder and CEO, has publicly accused Three Arrows Capital (3AC) co-founder Kyle Davies of trying to pressure the company to move its entire treasury to the now-defunct crypto hedge fund right before its bankruptcy. These allegations surfaced after Pellegrino responded to a post on X. In his response, he claimed Davies offered “better rates than other borrowers” in a desperate attempt to salvage the hedge fund before its downfall. Pellegrino Pellegrino sharply criticized Davies for his deceitful behavior. “Getting liquidated is one thing. Lying and exploiting…is another,” he wrote. The recent allegations follow Davies’s appearance on a March 19 episode of the Unchained Podcast. In the discussion, Davies didn’t seem remorseful about 3AC’s bankruptcy. #ETH He laughed off the notion that his failure was something he deeply regretted, implying that bankruptcies are very common within the crypto industry. Davies maintained that his professional reputation is unblemished, regardless of the serious criticism he has received for his conduct before and after to the downfall of 3AC. #BTC He revealed that he was meeting with the fund’s creditors and had also consulted with Teneo, the 3AC liquidator. Davies remained optimistic about the situation, noting that they might soon reach a settlement fair for all parties. #BNBChain On Dec. 21, Teneo obtained a court order in the British Virgin Islands to freeze $1.14 billion in Davies and Zhu’s assets. The liquidator is trying to recover the $3.3 billion that they owe creditors after 3AC went bankrupt. The firm specifically targeted Zhu and Davies for $1.3 billion, accusing them of recklessly leveraging investor funds after the hedge fund became insolvent. #HotTrends

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Worldcoin enhances privacy measures via personal custody plan @sanor016 #sanor016CommUNITY Sam Altman’s Worldcoin unveiled a new personal data custody feature and made the core software of its iris-scanning Orb open source. Worldcoin‘s Orb scans individuals’ irises to create World IDs, biometrically unique accounts aimed at establishing a global basic income through the distribution of its WLD token. During a time of skepticism and regulatory scrutiny, particularly over its handling of sensitive biometric data, Worldcoin has taken steps to increase transparency and user control. The project recently announced that the core software powering the Orb’s functionality would be open source, allowing public scrutiny and contributing to its development. WLD has been up 24% over the past month, according to data from CoinGecko. #ETH Worldcoin also introduces a personal custody feature, marking a pivotal shift in storing and managing biometric data. Under the new model, the biometric data captured by the Orb during the World ID verification process will be stored on the user’s device, typically a smartphone. #BTC The feature empowers users with the autonomy to manage their data directly, including the option to delete it, thereby enhancing trust and mitigating privacy concerns. #BNBChain Worldcoin’s developments come as the project has registered approximately 4.5 million people worldwide and faces regulatory challenges, including a temporary ban in Spain. #HotTrends

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Latest News

Binance Market Update (2024-11-15)

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Ethereum(ETH) Surpasses 3,100 USDT with a Narrowed 3.42% Decrease in 24 Hours

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Bitcoin(BTC) Surpasses 89,000 USDT with a Narrowed 1.94% Decrease in 24 Hours

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BNB Surpasses 620 USDT with a Narrowed 4.26% Decrease in 24 Hours

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Bitcoin(BTC) Surpasses 88,000 USDT with a Narrowed 3.13% Decrease in 24 Hours

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