2024 is a new era for crypto as a new era that is a little different from the previous crypto existence. These times have brought about many dominant changes in the crypto ecosystem, where this new era began the existence of each blockchain developing the existence of their respective ecosystems.

Much more active than before, where more and more massive births of new token projects are mushrooming in every existing blockchain ecosystem. From modeling that offers small application games, as well as the formation of memecoins that are so mushrooming.
Gem and Meme tokens are getting more and more popular, at least ifxseen from the various posts that are present on X's social media pages which are very filled with enthusiastic supporters of each project community created.
Maybe this is a step which was created because the price of Bitcoin has soared. Where for some people it is unlikely to get or follow Bitcoin's existence at this phase of the stage.
Straightforwardly, it might be because small investors are also starting to switch to trying to reach their composition to be able to achieve decent and greater profits. Because if not it can only be stuck, fixated or just waiting until the moment Bitcoin can take them high.
#gem #meme #btc #crypto #ecosystem

Here are five pioneering NFT (Non-Fungible Token) projects that played significant roles in the early development and popularization of the NFT space:

CryptoPunks: CryptoPunks is widely regarded as one of the first NFT projects. It was launched in 2017 and features 10,000 unique 24x24 pixel art characters, each with distinct attributes. CryptoPunks gained attention for its early exploration of digital collectibles and has become highly sought after in the NFT market.

CryptoKitties: CryptoKitties is another early NFT project that gained widespread popularity upon its release in late 2017. It allows users to collect, breed, and trade unique digital cats. CryptoKitties introduced the concept of NFTs to a wider audience and showcased the potential for blockchain-based digital assets.

Decentraland: Decentraland is a virtual reality platform built on the Ethereum blockchain, where users can buy, sell, and trade virtual land and assets as NFTs. It launched its initial land sale in 2017 and has since grown into a vibrant metaverse, enabling users to create and monetize their virtual experiences.

NBA Top Shot: NBA Top Shot is an officially licensed NFT project developed by Dapper Labs in partnership with the National Basketball Association (NBA). It offers basketball-themed collectible highlights, or "moments," in the form of NFTs. NBA Top Shot gained significant attention in 2021, bringing NFTs to a wider mainstream audience.

Art Blocks: Art Blocks is an NFT platform that focuses on generative art. It allows artists to create unique pieces using algorithms and smart contracts, resulting in one-of-a-kind visual artworks. Art Blocks gained popularity for its innovative approach to digital art and has become a hub for collectors and creators in the NFT space.

These projects played crucial roles in the early adoption and exploration of NFTs, paving the way for the broader NFT ecosystem that has since emerged. It's important to note that the NFT space is rapidly evolving, and new projects continue to emerge, pushing the boundaries of digital ownership and creativity. #NFT #crypto2023 #crypto #BinanceTournament #ecosystem

#Stellar (XLM) has emerged as one of the top 5 altcoins in terms of price gains over the past week, benefiting from a broader #crypto market rally. The surge in prices is largely driven by growing hopes of institutional adoption, as the #cryptocurrency #ecosystem continues to garner increased attention and interest.

Seeking further insights into XLM’s potential near-term price movements, Finbold tapped the machine learning algorithms deployed by the crypto monitoring and prediction platform PricePredictions on June 30.

According to its projections, Stellar’s price is anticipated to stand at $0.1083 on July 31, suggesting a minor price change of 1.5% from its current price.

The above forecast is based on several key technical indicators, including the moving average convergence divergence (MACD), relative strength index (RSI), Bollinger Bands (BB), and more.

For comparison, on June 29, Finbold also asked Google Bard, Alphabet’s artificial intelligence (AI) bot, to offer a prediction on #XLM price for the end of 2023. Notably, the chatbot’s average projection was $0.10, while low and high estimates stood at $0.08 and $0.12.

XLM price analysis

Stellar’s price at the time of writing stood at $0.11, up more than 6.6% in the past 24 hours. The cryptocurrency gained over 23% in the past week, adding more than $600 million in market cap during that period.

The surge was in part driven by Stellar’s announcement that Coinbase had integrated support for USD Coin (USDC) on its blockchain network. This major development now allows fast and cost-effective transactions across over 180 countries.

Year-to-date, XLM’s price surged by more than 57%.

Currently, Stellar (XLM) exhibits a support level of $0.0976, indicating a price point where buying pressure tends to outweigh selling pressure, potentially preventing further downward movement. On the other hand, the cryptocurrency faces a resistance level of $0.11403, representing a price threshold where selling pressure tends to outweigh buying pressure, potentially hindering further upward movement.

The token is also trading above its 200-day simple moving average (SMA) and has experienced 16 days in positive territory over the past month, or 53%.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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