đTop Project From Recent Funding Round đ° Sophon đ
đ Sophon has secured $71.69M in its funding rounds! đ đčAbout: Sophon is a community-driven, entertainment-focused ecosystem built on a modular rollup stack leveraging zkSyncâs Hyperchain technology. It aims to address high transaction fees and limited cross-chain interoperability, which often lead to fragmented user experiences in current blockchain systems. Sophon is designed for high throughput applications such as artificial intelligence and gaming, making it a versatile platform for developers and users alike. The project has secured significant funding and strategic collaborations with ecosystems like zkSync, Beam, and Aethir. Sophonâs mainnet launch is highly anticipated, with a focus on seamless user experiences and intuitive designs. The ecosystem includes features like liquidity farming, allowing users to participate and secure SOPH tokens. Additionally, Sophon Guardianship is being developed to support node buyers, enhancing the networkâs robustness. With a total value locked (TVL) of $230 million and 23 million Sophon Points farmed, the project is rapidly gaining traction. Sophon aims to push the boundaries of user experience, making blockchain interactions effortless and enjoyable. đđ đč Lead Investors: The Spartan Group, Binance Labs, OKX Ventures, Naven 11 Capital, HTX Ventures and many more. đč Total Raised: $71.69M. đč Project Category: Modular Chain. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
A key opportunity is approaching! Look for a buy zone near 0.10 USDT at the lower wedge and support level. If a triple-bottom pattern forms and price rebounds, itâs the perfect time to enter a long position! đ Set your stop loss around 0.075 USDT to protect against a wedge breakdown. This setup hinges on price action at the wedge support, so watch closely for volume and candlestick confirmation before taking action. đčđ„ #BinanceTurns7 #zkSync #zkEVM #Layer2 #Layer2Coin $ZK $ETH
đ Sky (SKY): The Next Evolution of Maker Protocol in DeFi đ đ Let's dive into key features and potential of #SKY in this captivating thread! đ§”đ 1ïžâŁ Introduction: Sky is the rebranded version of the Maker Protocol, aiming to simplify DeFi. Dai (DAI) has been renamed to USDS, and the governance token MKR is now SKY. Key features include Sky Token Rewards (STRs) and the Sky Savings Rate (SSR), boosting user engagement. 2ïžâŁ Technology: Built on decentralized, non-custodial blockchain tech, Sky offers security and transparency. The first Sky Star, Spark, provides a 6% yield on DAI deposits and enables USDS borrowing at 7%, enhancing the DeFi experience. 3ïžâŁ Whitepaper Highlights: Skyâs mission is to democratize DeFi, making it accessible and inclusive. It emphasizes security, scalability, and decentralized governance. MKR has been upgraded to SKY at a 1:24,000 ratio to broaden ecosystem access. 4ïžâŁ Use Case: Sky allows users to deposit assets, earn interest via the SSR, or borrow against their holdings. The governance token SKY enables community-driven decision-making, ensuring a decentralized approach. 5ïžâŁ Team: Led by Rune Christensen, co-founder of MakerDAO, the team brings expertise in blockchain and finance. Their commitment to decentralization and innovation continues to drive the Sky vision forward. 6ïžâŁ Partnerships: Strategic collaborations with other DeFi protocols and blockchain platforms enhance liquidity and expand Skyâs ecosystem, making its financial services more comprehensive. 7ïžâŁ Security: Sky undergoes regular audits by third-party firms, ensuring transparency and protection of user assets. Decentralized governance and robust security measures build trust within the community. 8ïžâŁ Tokenomics: SKY replaces MKR, with a 1:24,000 token upgrade, increasing accessibility. The supply model encourages long-term holding and participation in governance, the Total supply is 1093.98M. 9ïžâŁ Exchanges: SKY is available on major exchanges like KuCoin, Kraken & Uniswap V3, providing liquidity for trading, staking, and other financial activities within the ecosystem. đ Recent Developments: Sky has launched its first Sky Star, Spark, and introduced new features like STRs and the SSR, driving user engagement. The rebranding signals a shift toward simplicity and wider DeFi adoption. 1ïžâŁ1ïžâŁ Conclusion: Sky is revolutionizing the Maker Protocol, focusing on user-friendliness, security, and inclusivity. With innovative features and a robust governance model, Sky is poised to lead the next wave of DeFi transformation. đIf You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
đTop Project From Recent Funding Round đ° RD Technologies đ
đ RD Technologies has just secured $7.80M in its latest funding round! đ đčAbout: RD Technologies, based in Hong Kong, is pioneering the fintech landscape with its innovative approach to building a trusted and efficient business world. The company focuses on facilitating payments and commerce through the use of blockchain technology and stablecoins. Recently, RD Technologies secured $7.8 million in Series A financing, attracting investments from prominent industry players like Sequoia China and Solana Foundation. This funding will help bridge the gap between Web2 and Web3, contributing to the development of the Web3 ecosystem in Hong Kong. The company has also joined the Hong Kong Monetary Authorityâs âStablecoin Issuer Sandbox,â marking a significant milestone in its mission to develop financial infrastructure for the Web3 ecosystem. With subsidiaries like RD InnoTech Limited and RD Wallet Technologies Limited, RD Technologies is building a compliant and trusted financial platform. Their efforts aim to disrupt the traditional payment industry by offering more efficient and cost-effective cross-border payment solutions. Through these initiatives, RD Technologies is positioning itself as a key player in making Hong Kong a global Web3 hub. đđ đč Lead Investors: SolanA Ventures, Aptos, SNZ hldings, Hash Global, HongShan and many more. đč Total Raised: $7.80M. đč Project Category: CeFi, Payments. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
From February to mid-July, the price was trapped under a strong descending trendline. Now, from mid-July to October, the price has been consolidating within the Green Box, ranging between $0.34 - $0.50 USDT. Buy Zones: 1ïžâŁ Inside the Green Box for accumulation 2ïžâŁ On breakout of the Green Box for momentum buyers. đčđ„ #BinanceTurns7 #strkusdt #STRK #STRKToken #Layer2 $STRK
đ Newly Launched Project Analysis! TON Ecosystem GameFi Project Fanton Fantasy Football (FTON) đ
đź Fanton Fantasy Football (FTON): Revolutionizing Fantasy Sports with Blockchain ✠đ Let's dive into key features and potential of #FTON in this captivating thread! đ§”đ 1ïžâŁ Introduction: Fanton is a play-to-earn game that merges fantasy football with blockchain tech, leveraging Telegram for seamless user interaction. Players create teams using NFT cards based on real football stars, participate in tournaments, and earn rewards in Toncoin and NFTs. 2ïžâŁ Technology: Built on the TON blockchain, Fanton uses NFT cards and a scoring system based on real-world football performance. It integrates a noncustodial wallet within Telegram, allowing users to manage NFTs and Toncoin easily, making it highly accessible. 3ïžâŁ Whitepaper Insights: Fanton aims to revolutionize fantasy sports with blockchain, offering transparent gameplay, NFT-based assets, and economic incentives through its $FTON token. The platform emphasizes security, player engagement, and scalability. 4ïžâŁ Use Case: Players use $FTON to purchase NFT cards, enter tournaments, and trade tokens. Performance-based rewards in $FTON create a self-sustaining economy, where players are incentivized to improve and stay engaged. 5ïžâŁ Team: Fantonâs team includes experts in blockchain, gaming, and sports. Backed by investors like Animoca Brands and Delphi Ventures, the team focuses on user engagement, continuous development, and strategic partnerships. 6ïžâŁ Partnerships: Collaborations with football leagues, clubs, and blockchain providers enhance Fantonâs authenticity and security. These partnerships are critical for the game's scalability and user adoption. 7ïžâŁ Security and Audits: Fanton employs robust security via the TON blockchain and conducts regular audits to protect user data and assets. The noncustodial wallet integration with Telegram ensures users maintain control over their assets. 8ïžâŁ Tokenomics: With a total supply of 500 million $FTON tokens, allocations are set for community rewards, development, and team incentives. Vesting periods and distribution schedules ensure a balanced and sustainable token economy. 9ïžâŁ Exchanges: $FTON is listed on major centralized and decentralized exchanges like Gate.io, KuCoin, MEXC, ensuring liquidity and easy access for traders. Efforts continue to expand availability, driving further adoption and market presence. đ Recent Developments: Fanton recently secured $1 million in seed funding and now boasts over 3 million users and 300,000 connected wallets. New features and tournaments keep the game exciting, ensuring long-term engagement. 1ïžâŁ1ïžâŁ Conclusion: Fanton Fantasy Football blends entertainment, blockchain, and financial incentives seamlessly. With its innovative NFT system, Telegram integration, and strategic partnerships, Fanton is set to thrive in the $25 billion fantasy sports market. đIf You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
đTop Project From Recent Funding Round đ° SecondLive đ
đ SecondLive has just secured $12.00M in its latest funding round! đ đčAbout: SecondLive is a dynamic metaverse platform designed to facilitate self-expression and creativity among its users. With over a million users, it offers a virtual space where individuals can create avatars, explore various virtual environments, and participate in large-scale events. Backed by Binance Labs, SecondLive aims to build a Web3 open metaverse that can serve up to a billion people. The platform supports user-generated content and AI-generated content, allowing users to craft their own digital lives and profit from their creations. Key features include a strong carrying capacity for concurrent users, extensive application scenarios, and a sustainable commercial model focused on the entertainment industry. SecondLiveâs realistic style makes it easier for users to integrate it into their daily lives, offering spaces for social interaction, gaming, concerts, and more. The project has successfully hosted large events, such as a virtual concert by American rap star Quavo, demonstrating its capability to handle significant user engagement. With continuous development, SecondLive aims to enrich its avatar styles and virtual spaces to support diverse activities like AMA sessions, live streaming, and staking. đđ đč Lead Investors: Binance Labs, GBV capital, Crypto.com Capital, Spark Digital Capital, Cypher Capital and many more. đč Total Raised: $12.06M. đč Project Category: GameFi, NFT, Web3. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
The price has formed a falling wedge, a bullish reversal pattern! Now trading within an accumulation zone (Green Box), this is the ideal time to watch for an entry! đčđ„ đ” Buy Zone: $1.364 - $1.51 (Blue Box) đ„ A breakout could trigger strong upward momentum. Get ready for potential massive gains! #BinanceTurns7 #ETHFIđ„đ„đ„ #ETHFI #BTC #ETHđ„đ„đ„đ„ $ETHFI
đ EigenLayer: Redefining Ethereumâs Security đ đ Let's dive into key features and potential of #EIGEN in this captivating thread! đ§”đ 1ïžâŁ Introduction: EigenLayer is a protocol on Ethereum that introduces ârestaking,â allowing users to reuse their staked ETH or Liquid Staking Tokens (LSTs) to secure additional applications. Stakers earn rewards while boosting the security of various decentralized services, making EigenLayer a key player in Ethereumâs future. 2ïžâŁ Technology: EigenLayer enables Ethereum stakers to secure additional decentralized apps (dApps) by delegating their staked ETH or acting as operators themselves. The protocol supports high-security services like DeFi platforms, cross-chain bridges, and oracles, offering a flexible, modular security model. 3ïžâŁ Whitepaper Insights: EigenLayer allows stakers to validate new software modules by imposing additional slashing conditions on their staked ETH. This boosts decentralized app security, facilitates permissionless innovation, and offers ETH holders new fee-generating opportunities. 4ïžâŁ Use Case: EigenLayer enhances Ethereum's network by letting stakers secure extra services and earn rewards. The EIGEN token plays a key role in resolving intersubjective faults, ensuring the trustworthiness of services built on the protocol. 5ïžâŁ Team and Leadership: Led by Sreeram Kannan, a blockchain researcher and former professor at the University of Washington, EigenLayer is developed by a talented team from EigenLabs. Kannanâs vision extends Ethereumâs security to other services without creating new validator networks. 6ïžâŁ Partnerships: EigenLayer raised $100 million from Andreessen Horowitz (a16z) in 2023. This funding has been pivotal in driving development and attracting decentralized services eager to tap into Ethereumâs pooled security. 7ïžâŁ Security and Audits: EigenLayer's proof-of-stake system ensures AVS operators face slashing risks for malicious actions. The protocol is rolling out gradually, with in-protocol payments and slashing mechanisms expected later this year. 8ïžâŁ Tokenomics: EIGEN has a total supply of 1.68 billion tokens, with an initial circulating supply of 185 million. The token secures AVSs, helping resolve intersubjective faults, while its current FDV is at $6.61 billion. 9ïžâŁ Exchanges: EIGEN is tradable on major centralized exchanges like Binance, Bybit, OKX, KuCoin and MEXC. Since its launch, the token has seen strong trading activity, debuting with a fully diluted value of $6.51 billion. đ Recent Developments: EigenLayerâs mainnet launch saw the debut of EigenDA, a data-availability service. With billions in user deposits already, EigenLayer is quickly becoming one of the top destinations for crypto inflows. 1ïžâŁ1ïžâŁ Conclusion: EigenLayerâs restaking mechanism enhances Ethereumâs security and supports decentralized innovation. With strong leadership, investor backing, and a robust security model, EigenLayer is set to become a foundational protocol in the Ethereum ecosystem. đIf You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
đTop Project From Recent Funding Round đ° Infinex đ
đ Infinex has just secured $65.29M in its latest funding round! đ đčAbout: Infinex is a decentralized finance (DeFi) platform launched by Kain Warwick, the founder of Synthetix. The project aims to revolutionize the DeFi sector by addressing some of its most significant barriers, such as complex wallet configurations, asset bridging, and high gas fees. Infinex simplifies wallet setup, making it accessible with just a few clicks, and introduces efficient asset bridging technology to facilitate seamless transfers across different blockchains. Additionally, the platform eliminates gas fees, making DeFi transactions more affordable for users. By enhancing user experience and reducing costs, Infinex seeks to attract a broader audience to the DeFi space, promoting greater financial inclusion. The platform supports multiple blockchains, including Ethereum, Solana, and Polygon, ensuring wide interoperability. Infinexâs innovative approach is expected to increase liquidity and transaction volumes within the DeFi ecosystem, contributing to its growth and stability. Overall, Infinex represents a significant step forward in making decentralized finance more user-friendly and accessible to everyone. đđ đč Lead Investors: Framework Ventures, Solana Ventures, Wintermute, Moonrock Capital and many more. đč Total Raised: $65.29M. đč Project Category: DeFi, DEX. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
Weâre seeing a potential trend reversal after a prolonged downtrend, making this a prime opportunity for a swing trade! đ With targets set toward the next resistance levels, now is the time to take action! đ„ Just remember to keep an eye on that critical support at $0.6318âitâll help confirm the breakoutâs validity. Donât miss this chance to ride the wave! đđčđ„ #BinanceTurns7 #Layer1 #ZETA/USDT #zeta #BTCâ $SUI $SEI $SOL
đ± Catizen (CATI): Revolutionizing Blockchain Gaming on TON đ đ Let's dive into key features and potential of #CATI in this captivating thread! đ§”đ 1ïžâŁ Introduction: Catizen ($CATI ) is a blockchain-based P2E game on the TON ecosystem, where players raise virtual cats. With millions of users worldwide, it blends engaging gameplay with blockchain rewards, using in-game currencies like vKITTY, FishCoins, and wCATI. Catizen aims to create an interactive community while leveraging Telegram's user base. 2ïžâŁ Technology: Powered by the TON blockchain, Catizen uses smart contracts for tasks, payments, and staking. Partnering with Mantle Network for multi-chain deployment, it introduces features like breeding, mini-games, and in-game currency rewards, creating a vibrant Web3 space. 3ïžâŁ Whitepaper Insights: Catizen aims to bridge Web2 and Web3 users with its immersive gameplay and strategic collaborations with TON and Telegram. The game already boasts over 28 million players, with a roadmap that includes AI integration and new features like a task rewards platform by 2025. 4ïžâŁ Use Case: The token #CATI fuels Catizenâs ecosystem, allowing staking, governance, and in-game purchases. Players can earn tokens through tasks, participate in airdrop events, and trade $CATI on major exchanges, extending its value beyond just gameplay. 5ïžâŁ Team and Leadership: Led by Tim Wong, Chairman of the Catizen Foundation, and David, CEO of PlutoStudio, the teamâs expertise in mobile gaming and blockchain has propelled Catizen to millions of users. Together, theyâre shaping the future of Web3 gaming. 6ïžâŁ Partnerships: Strategic partnerships with the TON blockchain and Telegram have driven Catizen's growth. Collaborations with Mantle Network for multi-chain support and Elliptic for security ensure a seamless, secure gaming experience. 7ïžâŁ Security and Audits: Catizen partners with Elliptic for AML and on-chain compliance. Regular smart contract audits ensure the platform remains secure, maintaining user trust and ecosystem integrity. 8ïžâŁ Tokenomics: $CATI âs 1B token supply is distributed across ecosystem development (43%), the treasury (15%), team (20%), seed investors (8%), and liquidity reserves (5%). These allocations are designed for sustainable growth and user engagement. 9ïžâŁ Exchanges: The CATI token is listed on Binance, OKX, and Bybit, providing liquidity and accessibility for users. These high-profile listings boost Catizen's market presence and adoption. đ Recent Developments: Recent milestones include the CATI token's launch on major exchanges and the introduction of Airdrop Pass for active players, further engaging the community and expanding the ecosystem. 1ïžâŁ1ïžâŁ Conclusion: Catizen ($CATI ) is at the forefront of Web3 gaming, blending blockchain tech with a fun, interactive experience. With strong partnerships, innovative features, and a growing community, Catizen is poised to be a major player in the blockchain gaming space. đIf You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
đTop Project From Recent Funding Round đ° Mawari đ
đ Mawari has just secured $10.80M in its latest funding round! đ đčAbout: Mawari is a spatial computing project, leveraging blockchain technology to create a decentralized content delivery network. Founded in 2017, Mawari focuses on real-time 3D content streaming, enabling immersive experiences on devices like the Apple Vision Pro and Meta Quest . The project utilizes a Decentralized Physical Infrastructure Network (DePIN) to overcome the limitations of traditional centralized networks, ensuring efficient and scalable delivery of AR/VR content. With three patents granted and 11 more in process, Mawari has established itself as a leader in 3D streaming technology. The recent $10.8 million strategic funding round, led by prominent investors such as Anfield LTD and Borderless Capital, will help Mawari expand its market reach and continue its R&D efforts. Mawariâs innovative approach integrates Web3 elements to provide decentralized compute and storage resources, optimizing the infrastructure for spatial computing. The project has garnered support from both Web2 and Web3 industries, highlighting its potential to revolutionize content delivery. By addressing core challenges in the spatial computing industry, Mawari aims to make 3D content more accessible and affordable worldwide. This positions Mawari as a key player in the future of immersive digital experiences. đđ đč Lead Investors: 1kx, Animoca Brands, SamsungNext, Blockchange Ventures, Borderless Capital and many more. đč Total Raised: $17.30M. đč Project Category: DePIN, Solana Ecosystem. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
The downtrend is broken! đ„ After testing the line multiple times since March, #ACE has finally broken above, signaling a potential trend reversal. Now consolidating and forming a strong base for a rally, this Blue Box could be your entry point! Buy inside the box or after breakout of box as per your risk management.đ Donât miss out on this breakout opportunity! đđ„ #BinanceTurns7 #gamefi #Launchpool⏠#NFT #ACE/USDT $ACE
đ Pencils Protocol: Revolutionizing DeFi with Advanced Technology and Yield Strategies đ„ đ Let's dive into key features and potential of $DAPP in this captivating thread! đ§”đ 1ïžâŁ Introduction: Pencils Protocol is a decentralized platform designed to transform DeFi with features like auction platforms and yield aggregation. Built on Scroll, it leverages zero-knowledge tech to secure user privacy and transactions. With $319M TVL, itâs a leading DeFi project. #DeFi #PencilsProtocol 2ïžâŁ Technology: Pencils Protocol uses zero-knowledge tech on the Scroll ecosystem for enhanced privacy and scalability. It supports EVM compatibility and key DeFi features like leverage yield farming and on-chain delta-neutral strategies. #ZeroKnowledge #DeFiTech 3ïžâŁ Whitepaper Highlights: The whitepaper focuses on scalable DeFi services, using zero-knowledge technology for privacy, and yield strategies to maximize user returns. It also highlights the community points system, rewarding users for engagement. #Whitepaper #YieldFarming 4ïžâŁ Use Case: Pencils Protocol provides auction platforms for blockchain-native and real-world assets. Its token, $DAPP, is used for governance, staking, and rewards. The deflationary buyback mechanism maintains token value by reducing supply. #DeFiUseCase #GovernanceToken 5ïžâŁ Team: Led by experienced blockchain and finance professionals, Pencils Protocol is backed by major investors like OKX Ventures and Animoca Brands, ensuring innovation and growth. #DeFiTeam #BlockchainLeaders 6ïžâŁ Partnerships: Strategic partnerships with Scroll, OKX Ventures, and Animoca Brands enhance Pencils Protocolâs credibility and reach within the DeFi space. These collaborations drive the platformâs technological and financial support. #Partnerships #DeFiCommunity 7ïžâŁ Security: Security is paramount, with regular audits and zero-knowledge technology ensuring user privacy and transaction safety. The platform adheres to stringent security standards to minimize risks. #SecurityFirst #CryptoAudits 8ïžâŁ Tokenomics: $DAPP has a capped supply of 100 million with allocations for rewards, development, and partnerships. The deflationary buyback mechanism helps sustain token value by reducing the circulating supply. #Tokenomics #Deflationary 9ïžâŁ Exchanges: $DAPP is listed on top centralized and decentralized exchanges like Bybit, Gate.io, KuCoin, Bitget, providing liquidity and accessibility for users. Its exchange partnerships ensure seamless trading and support for various pairs. #CryptoExchanges #Liquidity đ Recent Developments: With over $319M in TVL and 459,000+ users, Pencils Protocol continues to innovate with new yield strategies and auction types. A successful funding round further boosts its growth prospects. #DeFiGrowth #CryptoMilestones đ Conclusion: Pencils Protocol is leading the way in DeFi by combining cutting-edge technology, strategic partnerships, and robust security. As it continues to evolve, it aims to provide a secure, scalable, and rewarding experience for all users. #DeFiFuture #PencilsProtocol đIf You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha { linktr.ee/CryptoSimbha } đŠđđ»
đTop Project From Recent Funding Round đ° Mind Network đ
đ Mind Network has just secured $10.00M in its latest funding round! đ đčAbout: Mind Network leverages a patented Adaptive Fully Homomorphic Encryption (FHE) framework to secure user data, smart contracts, and AI on Web3. It functions as a decentralized privacy-preserving data lake, offering encrypted high-performance pay-as-you-go data storage and computation. The project aims to enhance security and privacy in AI and Proof-of-Stake (POS) networks by introducing an FHE restaking layer. This layer accepts restaking tokens from major cryptocurrencies like ETH and BTC, ensuring consensus, data, and cryptoeconomic security. Mind Network addresses key challenges such as consensus security, data protection, and crypto-economic stability. It provides a marketplace for restaking tokens, allowing networks to diversify risk and enhance security. The project has garnered significant attention and funding, including a recent $10 million Pre-Series A round. By integrating advanced encryption technologies, Mind Network aims to revolutionize the way data and AI are secured in decentralized environments. đđ đč Lead Investors: Binance Labs, HashKey Capital, Animoca Brands, Big Brain Holdings and many more. đč Total Raised: $12.50M. đč Project Category: DeFi, Restaking For AI & PoS. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha { linktr.ee/CryptoSimbha } đŠđđ»
Breakout confirmed! Price has smashed through the downtrend line and is now consolidating with a slight pullback â a perfect chance to enter! đ Buy inside the Blue Box for a potential long position. Watch those key resistance levels closely â theyâre your potential profit booking zones! đđčđ„ #BinanceTurns7 #NFP #NFPRALLY #NFPrompt #NFP/USDT $NFP
đ Eigenpie (EGP): Revolutionizing Ethereumâs Security through Liquid Restaking đ„ đ Let's dive into key features and potential of $EGP in this captivating thread! đ§”đ 1ïžâŁ Introduction: Eigenpie, developed by Magpie, enhances Ethereumâs security through liquid restaking within the EigenLayer ecosystem. By depositing ETH or liquid staking tokens (LSTs), users earn additional rewards without sacrificing security. This innovative platform extends Ethereumâs security to non-EVM apps, simplifying the development of new protocols. #DeFi #Eigenpie 2ïžâŁ Technology: Eigenpie leverages smart contracts to automate secure reward distribution. It supports various LSTs like stETH and rETH, converting them into liquid restaked tokens (LRTs) that generate ongoing rewards while retaining liquidity. Rehypothecating staked ETH enhances the security of other protocols. #Blockchain #LiquidStaking 3ïžâŁ Whitepaper Highlights: Eigenpieâs whitepaper outlines its core focus on liquid restaking, enabling users to maximize their earnings without compromising asset security. The technical framework of EigenLayer extends Ethereumâs crypto-economic security to non-EVM applications, offering capital efficiency and increased yields for ETH holders. The whitepaper also emphasizes strong security protocols and a future roadmap that includes expanding LST support and integrating additional DeFi applications. #Whitepaper #Ethereum 4ïžâŁ Use Case: Eigenpie provides a platform for liquid restaking, converting ETH and LSTs into liquid restaked tokens (LRTs) that can be traded across DeFi applications. The EGP token is used for governance, staking rewards, and platform incentives, giving users a say in the projectâs development. #Crypto #DeFiUseCase 5ïžâŁ Team: Developed by Magpie, Eigenpie boasts a team of seasoned blockchain developers and DeFi experts. Their previous experience within Ethereumâs ecosystem ensures continuous innovation and adherence to industry standards. #DeFiTeam #BlockchainExperts 6ïžâŁ Partnerships: Eigenpie partners with key players like P2P.org, InfStones, and ssv.network to enhance security and user accessibility. These strategic alliances are crucial for maintaining platform robustness and expanding service offerings. #Partnerships #BlockchainSecurity 7ïžâŁ Security: Eigenpie conducts regular security audits through reputable firms like BlockSEc, Peckshield, AstraSec, ensuring the platformâs smart contracts and staking mechanisms are secure. The platform also uses advanced smart contracts and trusted node operators to protect user assets. #Security #CryptoAudits 8ïžâŁ Tokenomics: Eigenpie has a supply of 10 million EGP tokens, with allocations for sales, community incentives, and liquidity provision. A structured vesting schedule ensures long-term token stability, promoting sustainable growth. #Tokenomics #Crypto 9ïžâŁ Exchanges: EGP is listed on major exchanges like KuCoin, HTX, and Bybit, Gate.io providing users with multiple trading and liquidity options. This broad exchange support enhances the tokenâs market presence and accessibility. #CryptoExchanges #DeFiTrading đ Recent Developments: Eigenpie has expanded its list of supported LSTs and introduced enhanced staking interfaces and reward programs. These updates reflect the teamâs commitment to continuous innovation and improving the user experience. #CryptoGrowth #DeFiInnovation đ Conclusion: Eigenpie is at the forefront of liquid restaking, enhancing Ethereumâs security while offering users new earning opportunities. With its innovative technology, strong partnerships, and focus on security, Eigenpie is set to become a key player in the evolving DeFi landscape. #DeFi #Ethereum #Eigenpie đIf You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha { linktr.ee/CryptoSimbha } đŠđđ»
đTop Project From Recent Funding Round đ° MeshMap đ
đ MeshMap has just secured $4.00M in its latest funding round! đ đčAbout: MeshMap is a decentralized platform aimed at creating a comprehensive 3D map of the world. Utilizing crowdsourcing and blockchain technology, it enables applications across various domains such as gaming, navigation, immersive experiences, and real estate planning. Users contribute by mapping locations, scanning, and geotagging, and are rewarded through on-chain incentives. The platform also supports gaming use cases, including an augmented reality (AR) game called City Champ. MeshMapâs goal is to build a detailed virtual representation of the world while incentivizing contributors and players for their participation. Recently, MeshMap raised $4 million in a fundraising round, highlighting its growing potential and community support. The project has also gained recognition by winning the Gaming Track of the Solana Renaissance Hackathon. By combining community efforts with advanced technology, MeshMap aims to revolutionize how we interact with and visualize our world. đđ đč Lead Investors: a16z, Balaji Srinivasan, GSR, Raj Gokal, Escape Vellocity (EV3) and many more. đč Total Raised: $4.00M. đč Project Category: DePIN, Blockchain Service. đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŠđđ»
The charts are heating up! Weâve got a double bottom and a trendline breakout, with price shifting into a strong uptrend. This bullish signal suggests a prime opportunity to buy inside the box for a potential long position. Keep an eye on those key resistance levels â theyâre your targets! đđčđ„ đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @cryptosimbha { linktr.ee/CryptoSimbha } đŠđđ» #BinanceTurns7 #Gravity #GravityAlphaMainnet #Galxe #Bitcoinâ $G