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šŸš€ Midnight - $NIGHT, The New Memecoin Sensation And Meme Pioneer On The Polygon Chain! $NIGHT was launched on May 20th, and in under 20 hours, it has become the number one memecoin on the Polygon chain. With its rapid rise, $NIGHT has shown the power of a strong community, compelling narrative, and unique branding. The cryptocurrency community is abuzz with the potential of $NIGHT, which has broken every record on the Polygon chain in a very short time.Ā  $NIGHT's unique branding, inspired by the pet dog of the CEO of Polygon, has resonated with many, creating a strong and rapidly growing community. $NIGHT's impressive growth in such a short time frame is a testament to its strong backing and proactive approach by its development and marketing team. The coin skyrocketed from a launch market cap of less than 100 thousand to an $8 million market cap in less than 24 hours, drawing the attention of major players on the Polygon chain. $NIGHT has been consistently trending across various crypto platforms. The team has announced several major partnerships, and they have the backing of influential figures both on and off the Polygon chain. The attention from the CEO of Polygon, who changed his profile picture on the X platform to $NIGHT's logo, further solidified $NIGHT's place in the spotlight. $NIGHT is currently available for trading on QuickSwap, a decentralized exchange on the Polygon blockchain, without taxes. Plans for listings on Centralized Exchanges (CEXs) are underway, which is expected to boost trading volumes significantly soon. Backed by a dedicated team, engaging memes, strong connections, and proactive marketing, $NIGHT is positioned well in the market. However, as with any investment, potential buyers are encouraged to conduct thorough research before making a decision. Trade wisely! Disclaimer: Cryptocurrency / Memecoins may be unregulated in your jurisdiction. The value of cryptocurrencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. #NIGHT $NIGHT

šŸš€ Midnight - $NIGHT, The New Memecoin Sensation And Meme Pioneer On The Polygon Chain!


$NIGHT was launched on May 20th, and in under 20 hours, it has become the number one memecoin on the Polygon chain. With its rapid rise, $NIGHT has shown the power of a strong community, compelling narrative, and unique branding. The cryptocurrency community is abuzz with the potential of $NIGHT, which has broken every record on the Polygon chain in a very short time.Ā 


$NIGHT's unique branding, inspired by the pet dog of the CEO of Polygon, has resonated with many, creating a strong and rapidly growing community. $NIGHT's impressive growth in such a short time frame is a testament to its strong backing and proactive approach by its development and marketing team.


The coin skyrocketed from a launch market cap of less than 100 thousand to an $8 million market cap in less than 24 hours, drawing the attention of major players on the Polygon chain. $NIGHT has been consistently trending across various crypto platforms. The team has announced several major partnerships, and they have the backing of influential figures both on and off the Polygon chain.


The attention from the CEO of Polygon, who changed his profile picture on the X platform to $NIGHT's logo, further solidified $NIGHT's place in the spotlight.


$NIGHT is currently available for trading on QuickSwap, a decentralized exchange on the Polygon blockchain, without taxes. Plans for listings on Centralized Exchanges (CEXs) are underway, which is expected to boost trading volumes significantly soon.


Backed by a dedicated team, engaging memes, strong connections, and proactive marketing, $NIGHT is positioned well in the market. However, as with any investment, potential buyers are encouraged to conduct thorough research before making a decision. Trade wisely!

Disclaimer: Cryptocurrency / Memecoins may be unregulated in your jurisdiction. The value of cryptocurrencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction.

#NIGHT $NIGHT

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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šŸ“Š Bitcoinā€™s Stability Contrasts Altcoin Losses Over Weekend BitcoinĀ maintained its price stability on Sunday, contrasting sharply with the significant losses experienced by altcoins over the weekend. The downturn in altcoins is driven by anticipation of the Federal Reserveā€™s impending decision on Wednesday. This raises the question: which altcoin category attracted the most interest in May, and could a similar trend appear in June? šŸ”ø What Were the Most Popular Altcoins? Real World Asset (RWA) tokenization emerged as the most popular sector within the cryptocurrency market. This trend is gaining traction, with many traditional financial institutions exploring investments in RWA. Even state banks are experimenting with tokenized bond issuances on networks like Ethereum. The tokenization of real-world assets has highlighted its potential to enhance cost efficiency, transparency, and security forĀ investors. As a result, numerous initiatives have surfaced within the crypto space. Data from the crypto analysis platform Artemis Terminal indicates that cryptocurrencies in the RWA sector exhibited a positive performance of 58% in May. šŸ”ø How Significant Are RWA Experiments? AĀ reviewĀ covering 21 different categories revealed RWA as the leader, with a strong likelihood of maintaining its prominence over the long term. It is followed by the BTC and Ethereum ecosystems, which showcased performances of 26.1% and 18.2%, respectively. On June 4, Galaxy Digital secured a multi-million dollar loan using a 316-year-old Stradivarius violin as collateral. The loan is backed by both the physical violin and its NFT version, offering asset management flexibility and robust collateral. The physical violin is stored in Hong Kong, while its NFT represents its digital counterpart. $BTC #BTC #Bitcoin
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šŸ¤Æ Investors Worry About Upcoming Fed Meeting Investors are increasingly concerned about the upcoming Fed meeting in light of recentĀ data. Prices are moving sideways. Last weekend, theĀ BitcoinĀ price, which was stuck in a $500 range, showed a similar pattern on Saturday. With cautious investors still dominant, the current situation is not surprising. šŸ”ø Bitcoin (BTC) Latest Status Bitcoin priceĀ fluctuates between $69,582 and $69,139, showing how much investors are avoiding risk. Volumes have weakened, and the Non-Farm Payroll data released on Friday was discouraging. The Fed will hold its meeting in the coming days and announce itsĀ interest rateĀ decision. They are expected to decide to keep it unchanged, a view that is firmly accepted by the market. The problem is that the possibility of at least one rate cut before December has been eliminated with this data. With the uncertainty, the membersā€™ average year-end cut estimate of 75 basis points at the beginning of 2024 has also been dashed. If theĀ BTC priceĀ loses the $68,500 level, it could see a deeper correction towards $66,900. Below that, larger corrections will open the door, and good days will not come for investors. For now, BTC, testing the bottom of the narrow range, may see more sales in the coming hours and days due to the fear of the Fed meeting. The $68,500 level will be an important alarm zone for downward risks. šŸ”ø Latest Status of Cryptocurrencies In the last 24 hours, the total trading volume inĀ cryptocurrenciesĀ has dropped to $53 billion. The 50% drop in volume reflects the lack of investor interest. Moreover, Bitcoinā€™s market dominance has risen to 54%. The total market value of cryptocurrencies has fallen to $2.53 trillion. All this data tells us that we could see more as the Fed meeting approaches. The biggest losers of the week were TIA, BEAM, LDO, CHZ, FET, AR,Ā PEPE, AGOX, andĀ SNX Coin. They experienced losses of nearly 20% on a weekly basis. $BTC #BTC #Bitcoin
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šŸ‘€ Is Uniswap Planning To Sunset Gas Fee? Founder Drops Unusual Hint A new X post fromĀ Uniswap ProtocolĀ founder Hayden Adams suggests that the platform could be considering the elimination of gas fees. šŸ”ø Potential Elimination of Ethereum Gas Fee Taking to X, Adams noted that no user should hear of the term ā€œgas fee.ā€ His statement is a clear indication that Uniswap, as a decentralized exchange, has issues with gas fees and their impact on user experience. For context, gas fees are transaction costs incurred for conducting transactions on the Ethereum blockchain, paid in Ether. The issue of gas fee is one that is of general concern as congestions generally drive these costs upward. The Dencun upgrade took place recently and it impacted the gas fee by lowering the payable fees on Ethereum Layer-2 protocols. Precisely, theĀ Ethereum gas feeĀ touched its lowest level in four years since 2020, resting at 6.8 Gwei. The post-Dencun upgrade brought about blobs and enhanced network efficiency, resulting in the noticeable decrease in fees. This upgrade piqued developersā€™ interest in how gas prices might rise if market activity were to surge. As one of the biggest Decentralized Exchanges (DEX), if Uniswap can eliminate gas fee on its platform, it might ultimately trigger a new wave of embrace. šŸ”ø Ethereum Ecosystem Welcomes Multiple Upgrades Meanwhile, the Ethereum ecosystem has welcomed other upgrades in last few months. On Friday, Christine Kim, the Vice President on the Research team at Galaxy took to the X platform to highlight the latest task thatĀ Ethereum (ETH) developersĀ are undertaking regarding Pectra upgrade. According to Kim, these developers agreed to further expand the scope of theĀ Pectra upgradeĀ with the inclusion of EOF and EIP 7702. There is Electra upgrade, the next consensus layer-focused hardfork coming to Ethereum. Prior to the proposed expansion of Pectra upgrade, Kim identified four key codes that the team behindĀ Electra upgradeĀ plans to add. $UNI #UNI #Uniswap
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šŸš€ Solanaā€™s DeFi activity could be good news for SOLā€™s price ā€“ Hereā€™s why Unique Active Wallets (UAWs) onĀ Solana [SOL]Ā recorded an incredible surge in the last 24 hours, according to DappRadar. Decentralized applications including Jupiter, Raydium, and Magic Eden contributed to the aforementioned surge. TopCryptoNews found that UAWs on aggregator Jupiter Exchange were 307,100 in number, representing a 251% hike. For Raydium, it was an uptick to 285,200 while NFT activity picked up. Finally, the same hiked by up to 178% on Magic Eden. šŸ”ø Memecoins are driving SOL up and down The rise in activity on Raydium and Jupiter could be linked to increasing memecoin activity in the market. AnĀ assessmentĀ of the platforms revealed that the buzzing memecoin narrative can be attributed to GameStop (GME) and legendary trader Keith Gill, popularly known as ā€œRoaring Kitty.ā€ On 7 June,Ā derivative tokensĀ linked to the trader appeared in high numbers. Also, these Solana-based tokens jumped to mind-blowing market caps within just short periods. This hike also indicated an increase in demand for SOL. However, at press time, Solanaā€™s price was valued at $162.44, representing a 5.44% fall in the last 24 hours. For many degenerates, the idea of buying a memecoin is not to hold for a long time. In crypto, a degenerate refers to an individual who engages in trading highly-volatile and speculative tokens with no fundamentals. As such, when the tokens reach a certain level of gain, they exchange it for the Solana native token, and sell it for a stablecoin or fiat. Recently, there has been a plethora of suchĀ pumps and dumps,Ā and it might not stop anytime soon. Should this be the case, SOL might continue to move sideways. šŸ”ø Can the token bank on BTC? On the other hand, a hike in buying pressure accompanied by high volatility could trigger a breakout in price. However, by the look of things, SOL could drop below $160 in the short term. $SOL #SOL #Solana
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āœ… Binance Active Users Reached 200 Million Mark Binance active users achieved growth of more than 30 million in early 2024 despite legal challenges. šŸ”øBinance Active Users Achieve Major Growth in 2024 Binance active users increased by over 30 million in the first half of the year, highlighting the platformā€™s resilience and continued user trust amid ongoing turbulence in the cryptocurrency market. The increase in users from 100 million to 200 million on Binance took two years and two months. According to Binance CEO Richard Teng, the company is dedicated to putting the demands of its expanding user base first because it is a user-centric platform. Throughout 2023, Binance faces numerous difficulties, including lawsuits from the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Despite these challenges, the exchange has made considerable strides in compliance and regulation. In 2024, Binance secured regulatory approvals from several countries, marking a significant step towards bolstering its global operations. $BNB #Binance #Binance200M
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