Here's a new memecoin craze. In order not to miss this opportunity, you can check out#bonkcoin in the#solanaecosystem cryptocular$SOL
LIVE
ParalıArif
--
The cryptocurrency market is experiencing a massive rally and digital assets like Solana (SOL) are making significant gains! 🚀 SOL has increased by more than 8% in the last 24 hours, marking an impressive 80% rise in the last month. 😲
Solana-based memecoin Bonk (BONK) also attracts attention with a 17% increase in the last 24 hours and a 600% increase in the last 30 days. 🤯 The reason for this rise may be KuCoin's introduction of the BONK/USDT trading pair.
Do you think this rise will continue? 🤔 We are waiting for your comments! 👇
📢🚀 The USTC stablecoin in the Terra ecosystem experienced a sudden rise on November 26, increasing by 250% in 1 hour, from 0.02 USDT to 0.05 USDT. USTC's popularity has increased due to the prospects of a new stablecoin project called Mint Cash. 🔥
🤔 What is Mint Cash? Mint Cash is a BTC-backed stable cryptocurrency system and aims to provide stable and efficient payment and savings solutions by combining the advantages of the Terra ecosystem and Bitcoin. 🌐
🔍 Features of Mint Cash: 1. It does not use central institutions and provides stable cryptocurrency conversion and payment with BTC collateral. 2. Provides capital use efficiency. 3. Monetary policy offers flexibility. 4. Provides high-yield savings accounts with Anchor protocol. 5. It offers multi-currency support.
📈 Reason for USTC's sudden rise: According to Mint Cash developer Shin Hyojin's statement, 1 USTC = 1 dollar worth of flaunting will be done. This means USTC has increased in value by more than 20 times. 🚀
🔎 Difference between Mint Cash and MakerDAO: While Mint Cash produces stablecoins with BTC collateral, MakerDAO DAI provides stability due to overcollateral and centralized stablecoins. Mint Cash is implemented through a synthetic exchange mechanism using the decentralized features of Bitcoin. 💡
As a result, Mint Cash's goal is not to push USTC to $1, but to launch new projects. It is important for users to be careful and remember that Mint Cash has not yet released an official product. ⚠️
🚀 New Bitcoin NFT Marketplace Seeks to Reduce Network Fees! Bioniq, a platform based on the Internet Computer Protocol (ICP), will enable trading of Bitcoin Ordinals with lower fees and transaction completion times of less than 2 seconds. 😮
🔗 With over 42.6 million Ordinals minted to date, Bitcoin network congestion has increased, leading to an increase in BTC transaction fees.
💡 Bioniq offers a smart wallet to manage private keys using Web3Auth and uses Partially Signed Bitcoin Transactions (PSBT) through the integration of the Bitcoin network into ICP, eliminating the need for centralized cross-bridges.
🎉 Comment what you think about this new platform and how you think it will impact the Bitcoin NFT market!
The price of $SOL has tripled in just two months, but some tokens in the Solana ecosystem have 10-100x potential. Check out my top 13 tokens for massive gains during the 'Solana season'!
Right now, Solana's ecosystem projects are racing to keep up with the meteoric rise of $SOL, which has skyrocketed by 250% in just two months.
And with the added cash injection from the $PYTH airdrop, there is rapid expansion of other tokens and projects in the ecosystem! Having done extensive research on Solana's ecosystem, I'm excited to share the most promising projects with you.
① $PYTH: @PythNetwork Market Cap: $600M Pyth Network: The ultimate first-party oracle for financial data. Leveraging the power of top exchanges, market makers, and financial services providers, Pyth aggregates and distributes price data for smart contract applications.
② $BONK: @bonk_inu Market Cap: $222M Bonk, the first Solana dog coin for the people. 50% of the total supply has been airdropped to the community. Tired of toxic "Alameda" tokenomics, the Bonk contributors decided to create a fun memecoin that gives everyone a fair shot.
③ $C98: @coin98_wallet Market Cap: $116M Not exactly a Solana project, but don't dismiss it just yet. It is the ultimate DeFi solution, empowering users with cross-chain swaps, staking, and yield farming. Supports assets across a variety of blockchains, including Solana.
④ $ORCA: @orca_so Market Cap: $110M Orca is the most user-friendly DEX on Solana. Users can swap assets, provide liquidity, and earn yield through an easy-to-use interface. Projects can use Orca as to easily integrate swapping, farming, or on-chain data into their dApp.
⑤ $SHDW: @GenesysGo Market Cap: $89M Decentralized. Performant. Scalable. Web3 data storage. $SHDW - the utility token that fuels the Shadow dePIN ecosystem, offering users decentralized storage, compute, network orchestration, and many other things.
⑥ $RAY: @RaydiumProtocol Market Cap: $86M Raydium is an AMM and liquidity provider built on the Solana blockchain. Long-term, Raydium aims to capture and maintain a leadership position among AMMs and liquidity providers to emerge as a leading protocol in this space.
⑦ $ATLAS: @staratlas Market Cap: $68M Star Atlas is a massive multiplayer online game that takes place in a virtual gaming metaverse. It is being built on Unreal Engine 5, allowing the game to feature cinema-quality, real-time environments.
⑧ $ACS: @AccessProtocol Market Cap: $68M Access Protocol revolutionizes digital media monetization for publications and content creators. It's already integrated with Coingecko, The Block, Crypto Briefing, Wu Blockchain, and more.
⑨ $AURY: @AuroryProject Market Cap: $61M Aurory is a next-gen studio building a universe of web3 games. With a powerhouse team of gaming industry veterans from Ubisoft, Electronic Arts, Rovio, Warner Bros, and more, this project is set to revolutionize blockchain gaming.
⑩ $MNDE: @MarinadeFinance Market Cap: $41M Marinade is a stake automation platform that monitors all Solana validators and delegates to 100+ best-performing ones. As the largest liquid staking protocol on Solana, Marinade is key in pioneering new ideas around staked SOL.
⑪ $SLND: @solendprotocol Market Cap: $30M Solend is a decentralized lending and borrowing protocol on Solana. Earn interest and borrow 61 assets across 20 pools on the fastest, lowest fee, and most scalable DeFi lending protocol.
⑫ $SAMO: @samoyedcoin Market Cap: $30M Amid the rise of "memecoins" and Solana in 2021, Samoyedcoin (SAMO) was born to promote, educate, and support the Solana ecosystem.
⑬ $SLIM: @solanium_io Market Cap: $13M Solanium is a platform for fundraising and trading on the Solana blockchain. The platform includes a DEX, staking, wallet management, governance, and a launchpad.
⑭ $TULIP: @TulipProtocol Market Cap: $3M. High risk It is the first decentralized yield aggregator on the Solana blockchain with auto-compounding vault strategies. This protocol is designed to take advantage of Solana’s low-cost, high-efficiency blockchain.
⑮ $MYRO: @MyroSOL Market Cap: $?M Myro, the memecoin inspired by Raj Gokal's dog and built on Solana.
I hope you've found this article helpful. Follow me for more!