Washington, D.C. - November 13, 2024
In a surprising announcement today, President-elect Donald Trump revealed his decision to appoint Tesla CEO Elon Musk and businessman Vivek Ramaswamy to lead a new government entity dubbed the “Department of Government Efficiency” (DOGE). This newly formed department aims to streamline government operations, eliminate bureaucratic hurdles, and cut unnecessary spending.
Trump praised both Musk and Ramaswamy, calling them “remarkable Americans” who would help “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies." He likened the initiative to a modern-day “Manhattan Project,” signaling a bold approach to government reform under his “Save America” movement.
What is DOGE?
Despite the official-sounding name, the DOGE department is not a traditional government agency. The name, reportedly suggested by Musk, appears to be a nod to his well-known support for the cryptocurrency Dogecoin. This new “department” will not have the scope of federal agencies like the Department of Defense or Education. Instead, it will serve as an advisory body aimed at maximizing government efficiency.
Transparency Promised by Musk
Musk took to social media to share his vision for the department, promising full transparency. "All actions of the Department of Government Efficiency will be posted online,” he said, encouraging the public to provide feedback on spending cuts or retained expenses. He even proposed a “leaderboard” to showcase the most frivolous government expenditures, underscoring the dual nature of government waste as “both extremely tragic and extremely entertaining.”
Ramaswamy Shifts Focus from Senate Bid
Ramaswamy, previously considered a contender for a Senate seat in Ohio, confirmed that he would forgo that opportunity to dedicate himself fully to his new role in the DOGE department. “We will not go gently,” he commented, emphasizing his commitment to the cause.
Trump’s History with Musk and Ramaswamy
This announcement follows Trump’s previous hints about a potential role for Musk in his administration. During a campaign rally in August, Trump praised Musk’s intelligence and suggested he would be open to bringing Musk on board if Musk was interested. Musk, in turn, had once proposed a “government efficiency commission” to Trump, expressing his willingness to help ensure responsible spending.
Musk had briefly served under Trump’s first administration before stepping down in 2017. Ramaswamy, on the other hand, had been one of Trump’s rivals in the GOP primary but now joins forces with the president-elect in this unique reform initiative.
Growing List of Appointments
Trump’s recent appointments have already sparked debate, with House Republicans urging him to halt recruitment from the House of Representatives to prevent legislative disruptions. Today’s DOGE announcement further solidifies Trump’s approach of selecting high-profile, unconventional figures for transformative roles in his next administration.
This bold move sets the stage for what Trump describes as “an entrepreneurial approach to Government never seen before.” The country awaits to see the impacts of this innovative strategy on federal operations.
#DonaldJTrump
#ElonMuskUpdates
#doge⚡
$DOGE

The next big airdrops are here for popular Telegram games! Tap-to-earn tokens are dropping soon, and you won’t want to miss them. Here’s what’s coming up:
🔶 Rocky Rabbit
📅 Date: September 23, 2024
🐰 Over 25 million players are clicking their way to victory!
🪙 The RabBitcoin (RBTC) token will launch on The Open Network (TON). Players will earn by battling in the game.
🔶 Hamster Kombat
📅 Date: September 26, 2024
🐹 With 300 million players, Hamster Kombat is about to launch the HMSTR token on TON!
📈 Tokens will be airdropped based on in-game income, player invites, and more.
🔶 X Empire
📅 Date: September/October 2024
🚀 Formerly known as Musk Empire, X Empire is finishing its mining phase on September 30.
💰 The token airdrop is expected around the end of September or early October.
🔶 MemeFi
📅 Date: October 9, 2024
🐸 Beat up bosses like Pepe and Doge in this combat game!
🪙 The MEMEFI token will launch on Ethereum’s Linea network. A public airdrop checker will be available soon.
🔶 TapSwap
📅 Date: Q3 2024
🏙️ TapSwap is adding a Tappy Town mode and will launch its token on TON in Q3. Stay tuned for the drop!
🔶 Catizen
📅 Date: TBD
🐱 Although delayed, CATI tokens are expected soon. Watch for a big announcement on September 21!
Stay alert and claim your share of these upcoming airdrops! 💰🚀 #Crypto #Airdrop #TelegramGames

Since El Salvador became the first country in the world to adopt Bitcoin as legal tender, more and more international businesses have begun accepting Bitcoin as a payment method in this small Central American country. Recently, the world-renowned coffee chain Starbucks has also joined the ranks, providing new payment options for consumers in El Salvador.
There are several reasons why Starbucks decided to accept Bitcoin payments in El Salvador. First, the popularity and frequency of Bitcoin usage in El Salvador are increasing, thanks to the government's active promotion of cryptocurrencies. By accepting Bitcoin payments, Starbucks hopes to better adapt to changes in the local market and meet consumer needs.

🔸 What is Yescoin?
Yescoin is a groundbreaking game hosted on the Telegram platform and built on the TON blockchain. Since its launch in May 2024, Yescoin has generated significant buzz in the crypto community, attracting over 11 million users in a short span. The project has quickly become a hot topic among traders, investors, and enthusiasts alike. With a token generation event and an airdrop on the horizon, Yescoin is poised to make a big splash in the crypto world.
🔸 Yescoin's Token Generation Event (TGE)
The excitement around Yescoin is set to skyrocket as the project has officially announced its Token Generation Event (TGE), scheduled for October 1, 2024. This event will see the creation and distribution of Yescoin tokens, marking a crucial step toward its anticipated listing on major exchanges. Following the TGE, users can look forward to the official airdrop in November 2024, which is expected to boost platform participation and reward early adopters.
🔸 Yescoin Airdrop and Upcoming Listing
The Yescoin airdrop, planned for November 2024, is one of the most eagerly awaited events in the crypto space. This airdrop not only rewards active users but also sets the stage for Yescoin's listing on major platforms such as Coinbase, Binance, and Kraken. These events present a golden opportunity for users to convert their earned tokens into actual currency, further solidifying Yescoin's place in the market.
🔸 Yescoin Price Prediction
Drawing parallels between Yescoin and other successful projects in the MemeFi community, which also boasts around 11 million users, we can make informed predictions about Yescoin's potential price at launch. While the total supply of YESCOIN tokens hasn't been disclosed, we can consider different scenarios based on potential circulating supplies.
Scenario 1: Circulating Supply of 1 Billion Tokens
- Initial Price Estimate: $0.60 to $0.70 per token.
- Market Capitalization: At $0.70 per token, the market cap would reach $700 million.
- Analysis: With a limited supply and strong community support, Yescoin could launch at a relatively high price, positioning it as a significant player in the cryptocurrency market.
Scenario 2: Circulating Supply of 10 Billion Tokens
- Initial Price Estimate: $0.06 to $0.07 per token.
- Market Capitalization: At $0.07 per token, the market cap would still be $700 million.
- Analysis: In this scenario, a larger supply would result in a lower initial price, though the market cap would remain competitive, reflecting strong investor interest.
🔸 Conclusion
While the exact listing date for Yescoin on major exchanges is yet to be confirmed, the roadmap is clear. The Token Generation Event (TGE) in October, followed by the airdrop in November, are pivotal milestones leading up to Yescoin's official launch. Whether you’re a seasoned investor or new to the crypto world, these upcoming events could present a lucrative opportunity. Stay tuned for more updates as Yescoin moves closer to its debut on the global stage!
🚀

Trillion-dollar asset manager Franklin Templeton has lauded the Solana blockchain in an X post, leading enthusiasts to hope a spot Solana exchange-traded fund (ETF) may be coming soon after the recent successful launch of Ethereum products on July 23.

Franklin Templeton Is Bullish On Solana

In a July 23 social media post, Franklin Templeton explained why Solana is a key player in the crypto industry and how it is primed to transform the sector in the future.

“Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward,” Franklin Templeton wrote.

The asset management firm feels that the Solana blockchain has seen skyrocketing adoption and continues to mature. It added that Solana is demonstrating growth by overcoming technological growth barriers. According to Franklin Templeton, the network is also exhibiting significant potential for high-throughput, monolithic architecture.

Solana ETFs To Get Approval Soon?

Franklin Templeton is one of the first issuers of spot Bitcoin ETFs in the US after securing approval from the Securities and Exchange Commission in January. Franklin’s statement regarding potential Solana ETFs notably came on the very day the company, along with eight other asset managers, debuted their spot Ether ETFs on American stock exchanges.

Analyst Eric Balchunas of Bloomberg Intelligence recently suggested that these Ethereum ETFs will open the floodgates for more crypto ETFs, including Solana-based products. Balchunas posited:

“Keep in mind after launch, there are flows, and then add ETH products, I’m sure, then Solana, and then… It’s probably never going to end. The dam has broken.”

Anticipation for Solana ETFs has been building since late June when VanEck filed paperwork to list a fund that seeks to hold SOL. Other rivals, including 21Shares, have also submitted applications for Solana ETFs with the SEC. 

Franklin Templeton’s latest Solana-skewed praise has stirred hopes that Franklin Templeton may also look to issue another ETF tied to Solana in the future.

💥Farm in the Netherlands uses #Bitcoin mining to keep stable temperatures inside the greenhouse 👀

TL;DR

RWA coins are trending, with significant development activity noted by Santiment, highlighting the top 10 performers.

Despite notable recent price gains, some high-performing ones did not make the list.

These are the Leaders

Real World Assets (RWA) have been quite trending as of late due to the rising prices of some tokens. They represent physical objects or properties and function on the blockchain through smart contracts.

The crypto market intelligence platform – Santiment – outlined the top 10 such coins in terms of development activity in the past 30 days. Somewhat expectedly, the first spot with an index of 512 belongs to Chainlink (LINK), the biggest in the realm, with a market capitalization of almost $8 billion. Synthetix Network (SNX) is second, trailing behind with a score of 255.

“Chainlink is seeing more than double the average daily development activity (512) compared to the nearest project,” Santiment noted.

Centrifuge (CFG) rounds up the top 3 club, while the remaining assets down the line include Oraichain Token (ORAI), Dusk (DUSK), Maker (MKR), IX Swap (IXS), Creditcoin (CTC), Polymesh (POLYX), and Reserve Rights (RSR).

The ranking is similar to last month’s, when LINK, SNC, and CFG held the first three places in the same order.

The Missing One

Meanwhile, one of the best-performing RWA cryptocurrencies recently – Mantra (OM) – did not make the list. The token’s price defied the latest market correction, spiking by almost 50% in the past two weeks. Its performance on a yearly scale is even more impressive, skyrocketing by more than 3,800%.

As CryptoPotato recently reported, some analysts envisioned that its rally would continue in the near future based on certain essential conditions.

One X user predicted a spike towards a new all-time high of $1.20 should OM cross the major resistance level of $1.05. In addition, the $0.55-$0.60 range was outlined as a “support zone.”

Recall that OM exceeded the resistance mark on July 11. Despite not reaching the depicted $1.20, it tapped a new peak of $1.12. It will be interesting to see if the asset will keep its momentum in the following days and whether its price will rise to a new ATH.

The post Top 10 RWA Cryptocurrencies by Development Activity appeared first on CryptoPotato.