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🔥 AI predicts BONK price for May 1, 2024 Bonk (BONK) has been making significant moves in the last 7 days to the point that it is, at press time, the best-performing top 100 cryptocurrency within the time frame. Indeed, while overshadowed to an extent by newer meme coins such as Dogwifhat (WIF) in the 2024 crypto bull market, Bonk has been offering decent performance throughout and is, on top of its 75% 7-week climb, 81% in the green year-to-date (YTD). Additionally, BONK is set to expand its audience with the neo-banking platform Revolut is enabling trading of the meme coin this April. With the recent and upcoming developments in mind, Finbold decided to consult the predictive artificial intelligence (AI) algorithms of a platform specializing in forecasting future cryptocurrency prices – PricePrediction – on where Bonk might stand on May 1, 2024. ♦️ AI forecasts BONK’s May 1 price According to the AI, Bonk will trade ever so slightly higher and with relative stability throughout the rest of April and climb to $0.000026 by May 1 – approximately 6.38% up from its press time price of $0.00002444. It is also forecast to start slumping shortly after and drop to $0.000025 by May 2, indicating that the April stability might not hold despite the predicted price representing a 0.229% upside from the April 25 values. Analysts are, however, substantially more bullish on the popular Solana (SOL) meme coin. Benjamin, a crypto analyst on X, found that having broken out after forming a symmetrical wedge, BONK is set to retest an all-time high (ATH). ♦️ BONK price chart While it isn’t certain BONK will indeed soon surge 165% – or 6% for that matter – its recent performance has been exceptionally strong. The meme coin is 75% in the green on the weekly chart – though it did decline 7.84% on the daily chart indicating its crypto market strength may not be sustained. The longer time frames are, however, more positive despite the high volatility. Bonk rose a significant 81% since January 1 and is up as much as 3,904% in the last 52 weeks. $BONK #BONK

🟡 Worldcoin’s developer wants to partner with PayPal and OpenAI: report The team behind the iris-scanning crypto project Worldcoin wants to collaborate with tech and finance heavyweights, Bloomberg reports. Worldcoin's developer, Tools for Humanity, is interested in partnerships with the payments giant PayPal and the artificial intelligence firm OpenAI. However, Bloomberg adds that details of the partnerships are still unclear, and no concrete plans appear to have emerged yet. Tools for Humanity previously partnered with Okta Inc, a cybersecurity firm, for better Worldcoin authentication services. 🔺 Worldcoin scans a person's irises with an orb to create a catalogue of digital identities and in exchange, the user receives the cryptocurrency WLD. WLD traded hands at $4.88 at 11:27 a.m. ET on April 25 after seeing a 4.20% price decrease in the past day. According to The Block price page for the cryptocurrency, WLD has a circulating supply of 195.3 million and a market capitalization of $951.9 million. The project plans to release an Ethereum Layer 2 called World Chain in the summer of 2024. The network aims to augment user onboarding into Worldcoin. "It will be open for everyone, and verified humans will get priority blockspace over bots as well as a gas allowance for casual transactions," Worldcoin wrote at the time of the announcement. "The network will be deeply integrated with the Worldcoin protocol to accelerate growth and leverage World ID’s Proof of Personhood. It will also be secured by Ethereum as an L2 and engineered for scalability with the Superchain ecosystem." However, Worldcoin is not welcomed globally. Spain, Portugal and Kenya have all taken steps to block Worldcoin from scanning their citizens's irises. Still, Worldcoin's website touts nearly 5.1 million sign-ups across 120 countries, with over 2,000 orbs manufactured. Tools for Humanity's chairman and co-founder Sam Altman is also the co-chair of OpenAI, developer of the popular generative AI ChatGPT. $WLD #WLD #Worldcoin

🦊 Shiba Inu Token Burning Accelerates Despite Market Downturn Despite a noticeable decline in its market price, Shiba Inu has seen a significant surge in the rate of token burns, sparking discussions and anticipation among investors and market observers alike. Over the recent period, the burn rate of Shiba Inu tokens has increased by an astonishing 2000%, leading to speculation about potential impacts on its value and investor behavior. 🔺 Intense Burning Activity Observed Recent data from Shibburn, a platform that monitors Shiba Inu token destruction, confirms that more than 40 million SHIB tokens were eliminated from circulation within just 24 hours. This uptrend continued with additional burns of 20 million and nearly 17 million tokens shortly thereafter, underscoring a growing trend in token management strategies among SHIB holders. Despite the aggressive burning, the total circulating supply of Shiba Inu remains substantial, with over 582 trillion tokens. This reflects only a partial reduction from the staggering 410 trillion tokens burned since the cryptocurrency‘s introduction. 🔺 New Developments and Market Movements In a strategic move likely to boost investor sentiment, Robinhood has recently included Shiba Inu in its list of tradable cryptocurrencies in New York. This expansion is poised to increase transaction volumes and potentially stabilize the token’s price. Alongside, Shiba Inu’s developers have announced plans to raise $12 million for new utility and governance expansions, as well as the development of a privacy-focused blockchain aimed at enhancing the token’s ecosystem. 🔺 Points to Take into Account The increase in token burns could signify a strategic attempt to enhance SHIB’s value through reduced supply.Listing on platforms like Robinhood in significant markets like New York could lead to greater liquidity and trading volume.Investments in new technology and expansions indicate long-term development plans by the Shiba Inu team. $SHIB #SHIB #Shibalnu

📣 Chainlink’s Cross-Chain Interoperability Protocol Now Supports 9 Blockchains 🔺 Chainlink marked a major milestone in blockchain interoperability with the release of the Cross-Chain Interoperability Protocol (CCIP), which now supports a wider range of blockchains. According to a press release, Chainlink has expanded the scope of CCIP to include nine prominent blockchains. These are Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Kroma, Optimism, Polygon and WEMIX. The general availability of the protocol allows developers to transfer tokens and send messages to smart contracts on different blockchains. It also allows developers to perform programmable token transfers. Consequently, these capabilities facilitate the seamless exchange of data and value. This enhancement significantly improves the efficiency and capabilities of decentralized applications. 🔺 The introduction of new features such as Transporter— a bridge application — and expanded token transfer capabilities have contributed to the growth of CCIP. In the first quarter of 2024 alone, the protocol saw an over 900% increase in cross-chain transactions and a significant 4,000% increase in transfer volume compared to the previous quarter. The expansion of CCIP is pivotal to creating interconnected tokenized real asset (RWA) markets. CCIP, as part of the broader Chainlink platform, provides the necessary data and computing resources required to operate tokenized asset markets. $LINK #LINK #Chainlink

🤯 This is why the price of Header (HBAR) increased by 100% in 24 hours In a landmark event for real asset tokenization, the price of Hedera (HBAR) increased by an impressive 100% in 24 hours. This remarkable rally comes after BlackRock, the world's largest asset manager, announced the tokenization of its U.S. Treasury money market fund on Hedera in collaboration with Archax and OwneraIO. Hedera's Blockchain Achievements: TradFi Integration Drives Market Growth $HBAR #HBAR #hedera

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