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BLAST Off to Good Start as New Token Soars over 46% amid Airdrop Controversy
BLAST, the native token of the Ethereum layer-2 network Blast, debuted at $0.02, resulting in a fully diluted value of $2 billion.
Blast’s native token is off to a blistering start, albeit against the pessimism that surrounded its recent launch. Despite the initial criticism of its valuation and functionality, the BLAST token price has defied all expectations, surging over 46% shortly after its debut
BLAST, the native token of the Ethereum layer 2 network Blast, debuted at $0.02, resulting in a fully diluted value (FDV) of $2 billion. This figure surprised some investors, like DeFiance Capital co-founder Arthur Cheong, who was eyeing a valuation of around $5 billion
BLAST Token Drops Impressive Performance over Other High-Profile Airdrops
Meanwhile, unlike recent airdrops for zkSync (ZK) and LayerZero (ZRO) which plummeted 46% and 43% respectively after launch, BLAST is experiencing quite an unexpected price increase. CoinMarketCap data initially showed the token sitting at $0.0293, marking a 46.5% gain. However, it has since retraced some of its steps as of publication. Up 21.76% in the last day to trade at $0.02567
The airdrop itself distributed 17% of the total BLAST supply, with 7% allocated to users who bridged assets onto the network and 7% going to those who actively contributed to Blast’s decentralized applications. The remaining 3% went to the Blur Foundation for future community airdrops.
The listings of zkSync and LayerZero on major exchanges like WhiteBIT, Binance, and OKX not only enhance their visibility but also contribute to the broader adoption of their technologies. These platforms provide the necessary liquidity and accessibility, allowing more users to engage with and benefit from these innovative protocols. As these projects continue to develop, their influence on the future of blockchain interoperability and scalability is expected to grow, positioning them as key players in the decentralized finance landscape.
#LayerZero #zkSynk #WhiteBit #BinanceTournament
BLAST, the native token of the Ethereum layer-2 network Blast, debuted at $0.02, resulting in a fully diluted value of $2 billion.
Blast’s native token is off to a blistering start, albeit against the pessimism that surrounded its recent launch. Despite the initial criticism of its valuation and functionality, the BLAST token price has defied all expectations, surging over 46% shortly after its debut
BLAST, the native token of the Ethereum layer 2 network Blast, debuted at $0.02, resulting in a fully diluted value (FDV) of $2 billion. This figure surprised some investors, like DeFiance Capital co-founder Arthur Cheong, who was eyeing a valuation of around $5 billion
BLAST Token Drops Impressive Performance over Other High-Profile Airdrops
Meanwhile, unlike recent airdrops for zkSync (ZK) and LayerZero (ZRO) which plummeted 46% and 43% respectively after launch, BLAST is experiencing quite an unexpected price increase. CoinMarketCap data initially showed the token sitting at $0.0293, marking a 46.5% gain. However, it has since retraced some of its steps as of publication. Up 21.76% in the last day to trade at $0.02567
The airdrop itself distributed 17% of the total BLAST supply, with 7% allocated to users who bridged assets onto the network and 7% going to those who actively contributed to Blast’s decentralized applications. The remaining 3% went to the Blur Foundation for future community airdrops.
The listings of zkSync and LayerZero on major exchanges like WhiteBIT, Binance, and OKX not only enhance their visibility but also contribute to the broader adoption of their technologies. These platforms provide the necessary liquidity and accessibility, allowing more users to engage with and benefit from these innovative protocols. As these projects continue to develop, their influence on the future of blockchain interoperability and scalability is expected to grow, positioning them as key players in the decentralized finance landscape.
#LayerZero #zkSynk #WhiteBit #BinanceTournament
NEAR turns bearish, trading volume drops 30% – Is a pullback still possible?
NEAR Protocol has recently experienced a bearish reversal, causing concern among investors about a potential pullback because the week preceding that was strongly bullish.
The 50-day moving average has been acting as a dynamic support and resistance level. The price broke below this line and turned bearish.
The 200-day moving average was positioned above the press time price, reinforcing the resistance area that could limit upward movement.
The RSI bands indicated that the price has moved out of the overbought region, trending towards or possibly entering the oversold zone.
This suggested that the selling pressure has been significant, leading to the price drop.
Bearish signals dominate
This bearish trend is further highlighted by the recent lower low which was way lower than previous lows, indicating even more incoming selling pressure.
The MACD buy and sell signals (MacdSE and MacdLE) showed frequent shifts in momentum. Recent signals indicated more selling pressure (as shown by MacdSE), meaning that the bearish momentum is quite strong.
However, there are more double bottoms (indicating potential reversals from a downward trend) than double tops. This could mean there are underlying volatility and attempts at price recovery.
The synchronization of spikes in NEAR’s social volume and dominance imply a consensus or strong reaction among traders. NEAR’s derivatives market offers no solace.
Trading volume has decreased by over 30% in the past twenty-four hours. Open Interest has declined too, by 4%, meaning traders are closing positions due to the bearish signals.
While overall market activity has decreased, certain metrics on major exchanges like WhiteBIT and OKX indicated pockets of bullish behavior or speculative attempts at catching potential rebounds.
#NEAR🚀🚀🚀 #NEARProtocol #WhiteBit #OKX $NEAR
NEAR Protocol has recently experienced a bearish reversal, causing concern among investors about a potential pullback because the week preceding that was strongly bullish.
The 50-day moving average has been acting as a dynamic support and resistance level. The price broke below this line and turned bearish.
The 200-day moving average was positioned above the press time price, reinforcing the resistance area that could limit upward movement.
The RSI bands indicated that the price has moved out of the overbought region, trending towards or possibly entering the oversold zone.
This suggested that the selling pressure has been significant, leading to the price drop.
Bearish signals dominate
This bearish trend is further highlighted by the recent lower low which was way lower than previous lows, indicating even more incoming selling pressure.
The MACD buy and sell signals (MacdSE and MacdLE) showed frequent shifts in momentum. Recent signals indicated more selling pressure (as shown by MacdSE), meaning that the bearish momentum is quite strong.
However, there are more double bottoms (indicating potential reversals from a downward trend) than double tops. This could mean there are underlying volatility and attempts at price recovery.
The synchronization of spikes in NEAR’s social volume and dominance imply a consensus or strong reaction among traders. NEAR’s derivatives market offers no solace.
Trading volume has decreased by over 30% in the past twenty-four hours. Open Interest has declined too, by 4%, meaning traders are closing positions due to the bearish signals.
While overall market activity has decreased, certain metrics on major exchanges like WhiteBIT and OKX indicated pockets of bullish behavior or speculative attempts at catching potential rebounds.
#NEAR🚀🚀🚀 #NEARProtocol #WhiteBit #OKX $NEAR
Dogecoin Could Explode by up to 1,500%, According to Crypto Trader – But There’s a Catch
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Dogecoin (DOGE).
The analyst pseudonymously known as Kaleo tells his 642,200 followers on the social media platform X that Dogecoin could go up by between 700% to 1,500% from the current level.
“I still believe we’re in a meme coin supercycle and we’ll see DOGE send to $1 – $2. History just says we most likely have a little bit of time left to prepare for it before it happens.”
Dogecoin is trading at $0.125 at time of writing.
On when Dogecoin could start rallying, the pseudonymous analyst says,
“Each of those respective moves [previous Dogecoin rallies] took approximately eight to nine months after the [Bitcoin] halving before they began to pump. We’re currently only two months past the most recent Bitcoin halving. With that in mind, it would actually be more fitting to the trend that a real breakout/expansion move doesn’t happen until December – February.”
The pseudonymous analyst and trader, however, warns that Dogecoin could first fall by up to 36% before rallying.
“With that in mind, I wouldn’t be surprised to see the current bullish trend break lower back to the eight to 10 cents range and retrace the February move up [from around $0.09 to $0.22] that we saw. A similar trend break with approximately 30% drawdown and retrace happened in August of 2020, several months before the beginning of DOGE going mainstream and gigasending.”
#doge⚡ #BinanceTournament #CryptoTradingGuide $DOGE
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Dogecoin (DOGE).
The analyst pseudonymously known as Kaleo tells his 642,200 followers on the social media platform X that Dogecoin could go up by between 700% to 1,500% from the current level.
“I still believe we’re in a meme coin supercycle and we’ll see DOGE send to $1 – $2. History just says we most likely have a little bit of time left to prepare for it before it happens.”
Dogecoin is trading at $0.125 at time of writing.
On when Dogecoin could start rallying, the pseudonymous analyst says,
“Each of those respective moves [previous Dogecoin rallies] took approximately eight to nine months after the [Bitcoin] halving before they began to pump. We’re currently only two months past the most recent Bitcoin halving. With that in mind, it would actually be more fitting to the trend that a real breakout/expansion move doesn’t happen until December – February.”
The pseudonymous analyst and trader, however, warns that Dogecoin could first fall by up to 36% before rallying.
“With that in mind, I wouldn’t be surprised to see the current bullish trend break lower back to the eight to 10 cents range and retrace the February move up [from around $0.09 to $0.22] that we saw. A similar trend break with approximately 30% drawdown and retrace happened in August of 2020, several months before the beginning of DOGE going mainstream and gigasending.”
#doge⚡ #BinanceTournament #CryptoTradingGuide $DOGE
Investcorp and Securitize Launch Fund Tokenization Partnership
Alternative asset manager Investcorp and Securitize have inked a partnership to develop fund tokenization opportunities.
The two firms will initially develop tokenized funds within Investcorp's Strategic Capital Group (ISCG), which has $1.5 billion in assets under management and was launched in 2019.
ISCG specializes in acquiring minority interests in alternative asset managers (GPs) and has partnered with mid-sized GPs across buy out, secondaries, structured equity, private credit, and real asset strategies.
“This partnership with Securitize continues Investcorp’s strong legacy as an innovator in alternative investments,” said Anthony Maniscalco, Managing Partner, ISCG, in a release. “The use of tokenization technology has the potential to increase efficiencies for investors, and also provides for a new era of accessibility. Through this collaboration, Securitize is bringing access to the GP staking strategy for a wider range of investors.”
This partnership allows qualified investors to tap into GP staking strategies via Securitize's tokenization tech, boosting access to burgeoning private markets with the efficiency of blockchain.
“We believe that Investcorp, as a global alternative investment manager, represents some of the most innovative thinking in the market,” said Carlos Domingo, co-founder and CEO of Securitize, in a press release. “By tokenizing alternative assets, we are breaking down barriers and allowing individual investors to participate in opportunities that were previously out of reach."
Investcorp has previously been an active participant in the crypto space. In 2022, the firm poached ING's ex-head of digital assets, Herve Francois, to help build out its first blockchain fund. The firm has since led or invested in many rounds for crypto companies.
#MicroStrategy #tokenutility #SecurityTokenization
Alternative asset manager Investcorp and Securitize have inked a partnership to develop fund tokenization opportunities.
The two firms will initially develop tokenized funds within Investcorp's Strategic Capital Group (ISCG), which has $1.5 billion in assets under management and was launched in 2019.
ISCG specializes in acquiring minority interests in alternative asset managers (GPs) and has partnered with mid-sized GPs across buy out, secondaries, structured equity, private credit, and real asset strategies.
“This partnership with Securitize continues Investcorp’s strong legacy as an innovator in alternative investments,” said Anthony Maniscalco, Managing Partner, ISCG, in a release. “The use of tokenization technology has the potential to increase efficiencies for investors, and also provides for a new era of accessibility. Through this collaboration, Securitize is bringing access to the GP staking strategy for a wider range of investors.”
This partnership allows qualified investors to tap into GP staking strategies via Securitize's tokenization tech, boosting access to burgeoning private markets with the efficiency of blockchain.
“We believe that Investcorp, as a global alternative investment manager, represents some of the most innovative thinking in the market,” said Carlos Domingo, co-founder and CEO of Securitize, in a press release. “By tokenizing alternative assets, we are breaking down barriers and allowing individual investors to participate in opportunities that were previously out of reach."
Investcorp has previously been an active participant in the crypto space. In 2022, the firm poached ING's ex-head of digital assets, Herve Francois, to help build out its first blockchain fund. The firm has since led or invested in many rounds for crypto companies.
#MicroStrategy #tokenutility #SecurityTokenization
LayerZero ZRO: Upcoming Exchange Listings
The one blockchain that is getting a lot of attention in this Category especially when it comes to innovation for Blockchain interoperability - LayerZero (ZRO). Connecting 50 blockchains and beyond, LayerZero is an immutable protocol for creating censorship-resistant, permissionless applications at scale. That is where WhiteBIT and other exchanges come in, opening a sector of madly powerful tech to retail investors just like you.
What is LayerZero (ZRO)?
LayerZero aims to enable frictionless portability across numerous blockchain networks. It seeks to break the limitations where developers can only build apps to run on separate chains and inolving a reduced type set. Such incomplete contracts are key to the future of decentralized finance (DeFi) and other blockchain applications and create a robust foundation for scalable, interoperable solutions.
Key Features of LayerZero
Interoperability: Connected to over 50 blockchains, driving cross-chain functionalities.
Decentralized - Permissionless and immutable
Developer-Friendly: This feature allows the developer to develop omnichain applications, which are undercomplicating aspects prominent over existing blockchain application technologies and legacy platforms.
Recent Exchange Listings
LayerZero Listing details Details about the LayerZero listing on various leading cryptocurrency exchanges, increasing it's accessibility and liquidity.
We are pleased to announce that WhiteBIT has listed LayerZero (ZRO) and deposits, along with trading will be available from June 20, 2024. The listing is particularly important as it allows users to trade ZRO on the Ethereum network. WhiteBIT users to begin withdrawals soon with a full trading experience
Key Points Military personnel should prepare to be of service as a disaster situation arises.
Protocol FeaturesCensorship-resistant, Immutable and Permissionless Protocol for LayerZero (ZRO)
Access on the Ethereum network
Trade Status:Deposit and trading are enabledWithdrawal to follow shortly
#CryptoTradingGuide #LayerZero #WhiteBit
The one blockchain that is getting a lot of attention in this Category especially when it comes to innovation for Blockchain interoperability - LayerZero (ZRO). Connecting 50 blockchains and beyond, LayerZero is an immutable protocol for creating censorship-resistant, permissionless applications at scale. That is where WhiteBIT and other exchanges come in, opening a sector of madly powerful tech to retail investors just like you.
What is LayerZero (ZRO)?
LayerZero aims to enable frictionless portability across numerous blockchain networks. It seeks to break the limitations where developers can only build apps to run on separate chains and inolving a reduced type set. Such incomplete contracts are key to the future of decentralized finance (DeFi) and other blockchain applications and create a robust foundation for scalable, interoperable solutions.
Key Features of LayerZero
Interoperability: Connected to over 50 blockchains, driving cross-chain functionalities.
Decentralized - Permissionless and immutable
Developer-Friendly: This feature allows the developer to develop omnichain applications, which are undercomplicating aspects prominent over existing blockchain application technologies and legacy platforms.
Recent Exchange Listings
LayerZero Listing details Details about the LayerZero listing on various leading cryptocurrency exchanges, increasing it's accessibility and liquidity.
We are pleased to announce that WhiteBIT has listed LayerZero (ZRO) and deposits, along with trading will be available from June 20, 2024. The listing is particularly important as it allows users to trade ZRO on the Ethereum network. WhiteBIT users to begin withdrawals soon with a full trading experience
Key Points Military personnel should prepare to be of service as a disaster situation arises.
Protocol FeaturesCensorship-resistant, Immutable and Permissionless Protocol for LayerZero (ZRO)
Access on the Ethereum network
Trade Status:Deposit and trading are enabledWithdrawal to follow shortly
#CryptoTradingGuide #LayerZero #WhiteBit
Shiba Inu (SHIB) Executive Issues Solana Warning
LucieShib, a Shiba Inu (SHIB) marketing executive, has warned the Solana (SOL) community about rising scam activities.
Celebrity Scammers Alert: Lucie cautioned SOL holders, especially those interested in airdrops, about hacked celebrity accounts posting Solana addresses. Recently, social media accounts of celebrities like 50 Cent were exploited, leading to significant financial losses. 50 Cent’s account was used to defraud investors of about $300 million, which he denied involvement in via Instagram.
Awareness Efforts: Other celebrities have faced similar issues, prompting Lucie to raise awareness about avoiding scams, a move praised by many. Despite efforts to educate, the allure of quick profits leads many to fall for scams, including those using deepfake videos. Ripple executives also warn their communities about these videos.
Stay Safe: With scams ongoing, investors are advised to trust only official project social media announcements.
#shiba⚡ #Shibalnu #SolanaUSTD
LucieShib, a Shiba Inu (SHIB) marketing executive, has warned the Solana (SOL) community about rising scam activities.
Celebrity Scammers Alert: Lucie cautioned SOL holders, especially those interested in airdrops, about hacked celebrity accounts posting Solana addresses. Recently, social media accounts of celebrities like 50 Cent were exploited, leading to significant financial losses. 50 Cent’s account was used to defraud investors of about $300 million, which he denied involvement in via Instagram.
Awareness Efforts: Other celebrities have faced similar issues, prompting Lucie to raise awareness about avoiding scams, a move praised by many. Despite efforts to educate, the allure of quick profits leads many to fall for scams, including those using deepfake videos. Ripple executives also warn their communities about these videos.
Stay Safe: With scams ongoing, investors are advised to trust only official project social media announcements.
#shiba⚡ #Shibalnu #SolanaUSTD
zkSync (ZK) Gains Momentum with Listings on Major Crypto Exchanges
The zkSync (ZK) token has seen significant growth over the past month, being listed on several major cryptocurrency exchanges. This expanded accessibility is a testament to zkSync’s potential and growing acceptance in the crypto community.
Bybit
Bybit announced the listing of zkSync (ZK) on their spot market, providing users with new trading opportunities and increasing the token’s visibility.
CoinEx
On June 17, 2024, CoinEx enabled deposits, withdrawals, and trading for zkSync (ZK), enhancing the token's liquidity and market presence.
KuCoin
KuCoin, a key player in the crypto exchange sector, added zkSync (ZK) to its platform with trading starting on June 17, 2024. This listing underscores the strong support for zkSync from KuCoin.
HTX (formerly Huobi)
HTX listed zkSync (ZK) with deposits and trading beginning on June 17, 2024. This listing includes spot trading pairs and related services, broadening the trading options for users.
WhiteBIT
WhiteBIT also listed zkSync (ZK), highlighting the protocol’s mission to enhance Ethereum’s scalability and efficiency through zero-knowledge rollups. The official announcement from June 17, 2024, stated:
"Here's a New One!
zkSync is the layer 2 protocol that improves the Ethereum blockchain scalability and efficiency through zero-knowledge rollups. The project's mission is not only to increase Ethereum's throughput but also to fully preserve its foundational values—freedom, self-sovereignty, and decentralization—at scale.
Learn more about zkSync on the official website
Deposits and trading are now open, while withdrawals will become available soon."
Conclusion
The recent listings of zkSync (ZK) on these major exchanges highlight the token's growing prominence and the confidence that the crypto market has in its potential. These developments are poised to enhance zkSync’s role in the future of blockchain technology.
#zkSynk #CryptoTradingGuide #MicroStrategy $ZK #WhiteBit #Bybit
The zkSync (ZK) token has seen significant growth over the past month, being listed on several major cryptocurrency exchanges. This expanded accessibility is a testament to zkSync’s potential and growing acceptance in the crypto community.
Bybit
Bybit announced the listing of zkSync (ZK) on their spot market, providing users with new trading opportunities and increasing the token’s visibility.
CoinEx
On June 17, 2024, CoinEx enabled deposits, withdrawals, and trading for zkSync (ZK), enhancing the token's liquidity and market presence.
KuCoin
KuCoin, a key player in the crypto exchange sector, added zkSync (ZK) to its platform with trading starting on June 17, 2024. This listing underscores the strong support for zkSync from KuCoin.
HTX (formerly Huobi)
HTX listed zkSync (ZK) with deposits and trading beginning on June 17, 2024. This listing includes spot trading pairs and related services, broadening the trading options for users.
WhiteBIT
WhiteBIT also listed zkSync (ZK), highlighting the protocol’s mission to enhance Ethereum’s scalability and efficiency through zero-knowledge rollups. The official announcement from June 17, 2024, stated:
"Here's a New One!
zkSync is the layer 2 protocol that improves the Ethereum blockchain scalability and efficiency through zero-knowledge rollups. The project's mission is not only to increase Ethereum's throughput but also to fully preserve its foundational values—freedom, self-sovereignty, and decentralization—at scale.
Learn more about zkSync on the official website
Deposits and trading are now open, while withdrawals will become available soon."
Conclusion
The recent listings of zkSync (ZK) on these major exchanges highlight the token's growing prominence and the confidence that the crypto market has in its potential. These developments are poised to enhance zkSync’s role in the future of blockchain technology.
#zkSynk #CryptoTradingGuide #MicroStrategy $ZK #WhiteBit #Bybit
Rumors of Donald Trump-backed Solana-based Meme Coin DJT Triggers Capitulation of PoliFi Tokens
Ahead of the United States presidential election later this year, top contenders Donald Trump and Joe Biden have endorsed the cryptocurrency industry to consolidate their voters. In the latest crypto-political projects, a Solana-based meme coin TrumpCoin (DJT) has pumped more than 368 percent in the past 24 hours to trade around $0.025 on Tuesday during the early New York session.
The rumors of a Trump-backed meme coin originated from Pirate Wires, a maverick media outlet, through its X official account. However, Ryan Selkis, the CEO and founder of Messari crypto, urged crypto investors to approach the DJT meme coin with care as the Fed could be running the account.
DJT and Market Outlook
The rise of the DJT meme coin has seen its daily average traded volume outshine its total market capitalization as of this report. According to on-chain data from Birdeye, the DJT meme coin had a fully diluted market cap of about $248 million and a daily average traded volume of around $372 million.
Notably, DJT has locked liquidity in Solana of about $86 million, with more than 10k holders.
On the Flipside
Following the notable attention of DJT on Tuesday, other meme coin projects that had thrived under Trump’s political influence dropped significantly in the past 24 hours. For instance, Ethereum-based MAGA (TRUMP) dropped more than 36 percent in the last 24 hours to trade around $6.87 at the time of this writing.
Another Trump-focused meme coin dubbed MAGA Again (MAGAA) dropped over 47 percent to trade around $0.013 on Tuesday.
Bigger Picture
The notable attention to crypto discussion by the US political parties indicates heightened web3 and digital assets adoption. Moreover, the recent approval of spot Bitcoin and Ethereum ETFs in the United States will attract more institutional investors in the crypto space soon.
#SolanaStrong #BlackRock #altcoins #ETHETFsApproved
Ahead of the United States presidential election later this year, top contenders Donald Trump and Joe Biden have endorsed the cryptocurrency industry to consolidate their voters. In the latest crypto-political projects, a Solana-based meme coin TrumpCoin (DJT) has pumped more than 368 percent in the past 24 hours to trade around $0.025 on Tuesday during the early New York session.
The rumors of a Trump-backed meme coin originated from Pirate Wires, a maverick media outlet, through its X official account. However, Ryan Selkis, the CEO and founder of Messari crypto, urged crypto investors to approach the DJT meme coin with care as the Fed could be running the account.
DJT and Market Outlook
The rise of the DJT meme coin has seen its daily average traded volume outshine its total market capitalization as of this report. According to on-chain data from Birdeye, the DJT meme coin had a fully diluted market cap of about $248 million and a daily average traded volume of around $372 million.
Notably, DJT has locked liquidity in Solana of about $86 million, with more than 10k holders.
On the Flipside
Following the notable attention of DJT on Tuesday, other meme coin projects that had thrived under Trump’s political influence dropped significantly in the past 24 hours. For instance, Ethereum-based MAGA (TRUMP) dropped more than 36 percent in the last 24 hours to trade around $6.87 at the time of this writing.
Another Trump-focused meme coin dubbed MAGA Again (MAGAA) dropped over 47 percent to trade around $0.013 on Tuesday.
Bigger Picture
The notable attention to crypto discussion by the US political parties indicates heightened web3 and digital assets adoption. Moreover, the recent approval of spot Bitcoin and Ethereum ETFs in the United States will attract more institutional investors in the crypto space soon.
#SolanaStrong #BlackRock #altcoins #ETHETFsApproved
Trump Token Whale Nets $3.7M Profit amid Meme Coin Crash
A major Trump token holder, identified by the wallet address ‘0x52C0’, recently sold over 171,000 Trump tokens, converting to 414 Ether worth $1.44 million in the past 24 hours. This sale, at an average price of $8.38, resulted in a 1,428% return on investment.
Despite this, the whale still holds 28% of his wallet in Trump tokens, valued at about $372,000. His largest asset is BasedAI (BASEDAI) coins, worth $921,000, making up over 71% of his portfolio.
The Trump token has dropped over 30% in 24 hours, and 37% for the week, partly due to rumors of an official TrumpCoin project on Solana. The broader memecoin market is also suffering, with major coins like Dogecoin (DOGE) down 13%, Shiba Inu (SHIB) down 18%, Pepe (PEPE) down 13%, and Solana-based Dogwifhat (WIF) plummeting over 20%.
Overall, meme coin market capitalization has dropped over 9% to $46.6 billion, while trading volumes have risen by 79% to $6.25 billion.
Other Trump token holders are also profiting from the market downturn. Wallet ‘0x35D1’ gained $648,000, and trader sighduck.eth netted a 1,500% gain.
#TrumpCrypto #WIF_Usdt #PEPE_EXPERT #memecoin🚀🚀🚀
A major Trump token holder, identified by the wallet address ‘0x52C0’, recently sold over 171,000 Trump tokens, converting to 414 Ether worth $1.44 million in the past 24 hours. This sale, at an average price of $8.38, resulted in a 1,428% return on investment.
Despite this, the whale still holds 28% of his wallet in Trump tokens, valued at about $372,000. His largest asset is BasedAI (BASEDAI) coins, worth $921,000, making up over 71% of his portfolio.
The Trump token has dropped over 30% in 24 hours, and 37% for the week, partly due to rumors of an official TrumpCoin project on Solana. The broader memecoin market is also suffering, with major coins like Dogecoin (DOGE) down 13%, Shiba Inu (SHIB) down 18%, Pepe (PEPE) down 13%, and Solana-based Dogwifhat (WIF) plummeting over 20%.
Overall, meme coin market capitalization has dropped over 9% to $46.6 billion, while trading volumes have risen by 79% to $6.25 billion.
Other Trump token holders are also profiting from the market downturn. Wallet ‘0x35D1’ gained $648,000, and trader sighduck.eth netted a 1,500% gain.
#TrumpCrypto #WIF_Usdt #PEPE_EXPERT #memecoin🚀🚀🚀
Despite ongoing market concerns, Bitcoin has dipped below $65,000, its lowest in a month.
The zkSync token suffered the most among the top 100 cryptocurrencies, plunging 26%. The total cryptocurrency market cap dropped from $2.55 trillion to $2.48 trillion, a 2.5% decline according to CoinGecko.
In the past 24 hours, Bitcoin hit a low of $64,548 after liquidating $150 million in long positions last week, stabilizing around $65,600 on Tuesday.
Major cryptocurrencies like Ethereum, BNB, and Solana saw declines of 3%, 1.5%, and 5% respectively. However, XRP and Ondo bucked the trend with gains of 2.5% and 2.2%.
Institutional selling persisted with Bitcoin ETFs experiencing $621 million in net outflows last week. Recent data from Farside Investors shows continued outflows, with U.S. spot Bitcoin ETFs seeing $145.9 million in net outflows.
Market uncertainty was exacerbated by the Federal Reserve's cautious stance, signaling fewer anticipated rate cuts. Comments from Minneapolis Fed President Neel Kashkari suggested rate cuts might not occur until December.
Crypto liquidations totaled $500 million in the past day, primarily from forced liquidations of long positions amounting to $432 million. Despite these challenges, some analysts believe the bearish sentiment may be short-lived due to global central banks moving towards monetary easing.
Wintermute trading desk noted ongoing Bitcoin miner selling to cover operational costs or upgrade equipment. While miners briefly benefited from recent events like the Bitcoin halving, interest in such events has waned.
Concerns also surround potential market impact from Mt. Gox creditors potentially selling 137,980 BTC, valued at approximately $9.04 billion.
While challenges persist in the cryptocurrency market, cautious optimism remains amidst potential global monetary policy shifts and market adjustments.
#bitcoin #etherreum #BnbAth #SolanaStrong $BTC $ETH $BNB
The zkSync token suffered the most among the top 100 cryptocurrencies, plunging 26%. The total cryptocurrency market cap dropped from $2.55 trillion to $2.48 trillion, a 2.5% decline according to CoinGecko.
In the past 24 hours, Bitcoin hit a low of $64,548 after liquidating $150 million in long positions last week, stabilizing around $65,600 on Tuesday.
Major cryptocurrencies like Ethereum, BNB, and Solana saw declines of 3%, 1.5%, and 5% respectively. However, XRP and Ondo bucked the trend with gains of 2.5% and 2.2%.
Institutional selling persisted with Bitcoin ETFs experiencing $621 million in net outflows last week. Recent data from Farside Investors shows continued outflows, with U.S. spot Bitcoin ETFs seeing $145.9 million in net outflows.
Market uncertainty was exacerbated by the Federal Reserve's cautious stance, signaling fewer anticipated rate cuts. Comments from Minneapolis Fed President Neel Kashkari suggested rate cuts might not occur until December.
Crypto liquidations totaled $500 million in the past day, primarily from forced liquidations of long positions amounting to $432 million. Despite these challenges, some analysts believe the bearish sentiment may be short-lived due to global central banks moving towards monetary easing.
Wintermute trading desk noted ongoing Bitcoin miner selling to cover operational costs or upgrade equipment. While miners briefly benefited from recent events like the Bitcoin halving, interest in such events has waned.
Concerns also surround potential market impact from Mt. Gox creditors potentially selling 137,980 BTC, valued at approximately $9.04 billion.
While challenges persist in the cryptocurrency market, cautious optimism remains amidst potential global monetary policy shifts and market adjustments.
#bitcoin #etherreum #BnbAth #SolanaStrong $BTC $ETH $BNB
WhiteBIT, a prominent cryptocurrency exchange, has partnered with ATB-Market to launch a unique campaign involving collectible football cards. This collaboration allows customers to purchase football cards featuring players from the Ukraine National Football Team exclusively at ATB supermarkets. By collecting all 28 cards, participants can earn various crypto bonuses through WhiteBIT.
The initiative includes multiple engagement levels, such as the "Collector" and "Master of Luck" awards. For instance, by boosting their "Luck" points, users have a chance to win prizes up to 1,000 USDT. Additionally, the first 10,000 participants to sign up on WhiteBIT will receive a bonus of 5 USDT.
This campaign not only promotes the collection of football cards but also integrates cryptocurrency rewards, thereby combining sports enthusiasm with the growing trend of digital assets.
#EURO2024 #Crypto_Jobs🎯 #WhiteBit #Ukraine #AirdropGuide
The initiative includes multiple engagement levels, such as the "Collector" and "Master of Luck" awards. For instance, by boosting their "Luck" points, users have a chance to win prizes up to 1,000 USDT. Additionally, the first 10,000 participants to sign up on WhiteBIT will receive a bonus of 5 USDT.
This campaign not only promotes the collection of football cards but also integrates cryptocurrency rewards, thereby combining sports enthusiasm with the growing trend of digital assets.
#EURO2024 #Crypto_Jobs🎯 #WhiteBit #Ukraine #AirdropGuide
Bitcoin Blues: Who’s Dumping Their Coins, How Much, And Why?
The bitcoin market has faced significant outflows in the past two weeks, with Bitcoin experiencing its worst weekly outflow in three months at $621 million, according to Coinshares. This trend reflects a broader market chill impacting many assets.
Investor Confidence Takes a Hibernation Break
Investor sentiment has turned negative, particularly in the United States, which saw $565 million in outflows. Trading volumes have dropped by 50% compared to the year’s average. Despite fears of the end of the crypto bull run, some analysts, like Rekt Capital, view this as a consolidation phase essential for a healthy long-term bull market.
Rewriting The Crypto Playbook?
Rekt Capital compares the current period to previous post-halving cycles, suggesting that the consolidation is a necessary reset, aligning the market with the traditional halving cycle. They see this downturn as a strategic pause rather than a collapse.
Cryptocurrency: A Market In Flux
While Bitcoin remains nearly 15% below its all-time high, some altcoins have resisted the trend. The significant outflows and price drops paint a cautious market. The future depends on various factors, including actions from the Federal Reserve and the broader economic climate.
#bitcoin #BTC #altcoins #EURO2024
The bitcoin market has faced significant outflows in the past two weeks, with Bitcoin experiencing its worst weekly outflow in three months at $621 million, according to Coinshares. This trend reflects a broader market chill impacting many assets.
Investor Confidence Takes a Hibernation Break
Investor sentiment has turned negative, particularly in the United States, which saw $565 million in outflows. Trading volumes have dropped by 50% compared to the year’s average. Despite fears of the end of the crypto bull run, some analysts, like Rekt Capital, view this as a consolidation phase essential for a healthy long-term bull market.
Rewriting The Crypto Playbook?
Rekt Capital compares the current period to previous post-halving cycles, suggesting that the consolidation is a necessary reset, aligning the market with the traditional halving cycle. They see this downturn as a strategic pause rather than a collapse.
Cryptocurrency: A Market In Flux
While Bitcoin remains nearly 15% below its all-time high, some altcoins have resisted the trend. The significant outflows and price drops paint a cautious market. The future depends on various factors, including actions from the Federal Reserve and the broader economic climate.
#bitcoin #BTC #altcoins #EURO2024
Fake Elon Musk Uses SpaceX Launch To Steal $34K in Crypto
Over 35 YouTube channels streamed deepfake videos of Elon Musk during a recent SpaceX Starship launch, aiming to deceive viewers. These streams featured an AI-generated Musk promising doubled returns on crypto deposits.
The Scam Unveiled
Cybersecurity researchers at Avast identified these fake streams during the SpaceX Starship’s fourth flight. The real event showed the rocket splashing down in the Indian Ocean, while scam streams mimicked official SpaceX accounts, gaining around 170,000 viewers, likely inflated by bots.
How the Scam Worked
The deepfake showed Musk at a SpaceX event, with an AI voice mimicking his speech. Viewers were told, “This is not fake, this is a real giveaway,” and were instructed to send Bitcoin, Ethereum, or Dogecoin to specific addresses, promising double returns. Fake audience clapping sounds made it seem more realistic. Nine wallets received nearly $34,000 by June 6.
Previous Similar Scams
Elon Musk, known for supporting cryptocurrencies, has been targeted before. A deepfake video endorsed a fraudulent crypto trading service in Hong Kong. In April, scammers used AI-generated Musks in fake SpaceX accounts during a solar eclipse.
Conclusion
CoinGabbar warns viewers to be skeptical about online content, especially involving money. Advanced deepfake technology makes scams convincing. Although YouTube removed the fraudulent streams, scammers adapt quickly, shifting targets. Always verify information online to avoid falling victim to such scams.
#ElonsMusk #altcoins #ETHETFsApproved #etherreum
Over 35 YouTube channels streamed deepfake videos of Elon Musk during a recent SpaceX Starship launch, aiming to deceive viewers. These streams featured an AI-generated Musk promising doubled returns on crypto deposits.
The Scam Unveiled
Cybersecurity researchers at Avast identified these fake streams during the SpaceX Starship’s fourth flight. The real event showed the rocket splashing down in the Indian Ocean, while scam streams mimicked official SpaceX accounts, gaining around 170,000 viewers, likely inflated by bots.
How the Scam Worked
The deepfake showed Musk at a SpaceX event, with an AI voice mimicking his speech. Viewers were told, “This is not fake, this is a real giveaway,” and were instructed to send Bitcoin, Ethereum, or Dogecoin to specific addresses, promising double returns. Fake audience clapping sounds made it seem more realistic. Nine wallets received nearly $34,000 by June 6.
Previous Similar Scams
Elon Musk, known for supporting cryptocurrencies, has been targeted before. A deepfake video endorsed a fraudulent crypto trading service in Hong Kong. In April, scammers used AI-generated Musks in fake SpaceX accounts during a solar eclipse.
Conclusion
CoinGabbar warns viewers to be skeptical about online content, especially involving money. Advanced deepfake technology makes scams convincing. Although YouTube removed the fraudulent streams, scammers adapt quickly, shifting targets. Always verify information online to avoid falling victim to such scams.
#ElonsMusk #altcoins #ETHETFsApproved #etherreum
WHY DONALD TRUMP LOVES BITCOIN
President Donald Trump has pivoted to embrace Bitcoin and crypto to gain an edge over Joe Biden in the 2024 election. Previously indifferent to crypto, Trump now accepts Bitcoin donations and promises pro-crypto policies if re-elected, aiming to attract the over 50 million Americans owning digital assets.
At rallies and on social media, Trump criticizes Biden’s anti-crypto stance, accusing him of stifling innovation. Trump pledges to support Bitcoin adoption and the right to self-custody for crypto holders.
Biden, on the other hand, has pushed anti-crypto measures, such as vetoing a bill to limit SEC oversight and promoting a central bank digital currency. His administration’s actions have been seen as stifling crypto innovation.
Trump’s pro-Bitcoin stance appeals to a growing voter base that values crypto-friendly policies, highlighting the rising political influence of Bitcoin. This strategic move may sway voters in close national elections, acknowledging Bitcoin’s significant role in modern politics.
#BTC #bitcoin #TrumpCrypto #TopCoinsJune2024
President Donald Trump has pivoted to embrace Bitcoin and crypto to gain an edge over Joe Biden in the 2024 election. Previously indifferent to crypto, Trump now accepts Bitcoin donations and promises pro-crypto policies if re-elected, aiming to attract the over 50 million Americans owning digital assets.
At rallies and on social media, Trump criticizes Biden’s anti-crypto stance, accusing him of stifling innovation. Trump pledges to support Bitcoin adoption and the right to self-custody for crypto holders.
Biden, on the other hand, has pushed anti-crypto measures, such as vetoing a bill to limit SEC oversight and promoting a central bank digital currency. His administration’s actions have been seen as stifling crypto innovation.
Trump’s pro-Bitcoin stance appeals to a growing voter base that values crypto-friendly policies, highlighting the rising political influence of Bitcoin. This strategic move may sway voters in close national elections, acknowledging Bitcoin’s significant role in modern politics.
#BTC #bitcoin #TrumpCrypto #TopCoinsJune2024
UK Authorities Begin Proceedings Against Six Exchanges Over 2019 Delisting of Bitcoin SV (BSV)
The UK’s Competition Appeal Tribunal has started proceedings against six major cryptocurrency exchanges over their 2019 decision to delist Bitcoin SV (BSV). Plaintiffs are seeking $9 billion in damages, highlighting the ongoing legal and financial complexities in the crypto industry.
Hearing of Big Crypto Exchanges Over Decision to Delist BSV
On June 5, the tribunal began hearings against Binance Europe Services, ShapeShift, Kraken (Payward), Bittylicious, and others. Legal teams from each exchange are involved, with the collective proceedings order (CPO) expected to last three days.
Bitcoin SV, launched in 2018 from a split with Bitcoin Cash (BCH), was delisted by exchanges like Binance and Kraken in 2019, sparking controversy. Kraken cited BSV’s behavior as “completely antithetical” to its values, while Binance offered minimal explanation.
In 2022, BSV Claims led a $12 billion class action lawsuit in the UK against Binance, Kraken, and others, arguing that BSV holders missed out on substantial growth opportunities due to the delistings.
A Similar Lawsuit Filed Last Year
In the US, Roche Freedman filed a class action lawsuit against major exchanges and token issuers, including Binance, KuCoin, and BitMEX, accusing them of selling unlicensed securities and market manipulation. The lawsuits also target figures like Binance CEO Changpeng Zhao and Block.one’s Dan Larimer.
Roche Freedman, known for cryptocurrency litigation, claims these exchanges manipulated prices for profit, resulting in substantial illicit gains. These lawsuits could set legal precedents on securities offerings and jurisdictional responsibilities, though some companies have opted for out-of-court settlements.
This phase marks a critical point in the ongoing dispute between regulators and crypto companies, with significant financial claims resulting from the delistings.
#BTC #Bitcoin❗ #BinanceSquareFamily #btc70k
The UK’s Competition Appeal Tribunal has started proceedings against six major cryptocurrency exchanges over their 2019 decision to delist Bitcoin SV (BSV). Plaintiffs are seeking $9 billion in damages, highlighting the ongoing legal and financial complexities in the crypto industry.
Hearing of Big Crypto Exchanges Over Decision to Delist BSV
On June 5, the tribunal began hearings against Binance Europe Services, ShapeShift, Kraken (Payward), Bittylicious, and others. Legal teams from each exchange are involved, with the collective proceedings order (CPO) expected to last three days.
Bitcoin SV, launched in 2018 from a split with Bitcoin Cash (BCH), was delisted by exchanges like Binance and Kraken in 2019, sparking controversy. Kraken cited BSV’s behavior as “completely antithetical” to its values, while Binance offered minimal explanation.
In 2022, BSV Claims led a $12 billion class action lawsuit in the UK against Binance, Kraken, and others, arguing that BSV holders missed out on substantial growth opportunities due to the delistings.
A Similar Lawsuit Filed Last Year
In the US, Roche Freedman filed a class action lawsuit against major exchanges and token issuers, including Binance, KuCoin, and BitMEX, accusing them of selling unlicensed securities and market manipulation. The lawsuits also target figures like Binance CEO Changpeng Zhao and Block.one’s Dan Larimer.
Roche Freedman, known for cryptocurrency litigation, claims these exchanges manipulated prices for profit, resulting in substantial illicit gains. These lawsuits could set legal precedents on securities offerings and jurisdictional responsibilities, though some companies have opted for out-of-court settlements.
This phase marks a critical point in the ongoing dispute between regulators and crypto companies, with significant financial claims resulting from the delistings.
#BTC #Bitcoin❗ #BinanceSquareFamily #btc70k
Developers of TROG Transfer Half of the Token Supply to Donald Trump
On June 1st, the Trump Frog (TROG) token was launched on the market. The developers sent half of the entire token supply to Donald Trump's wallet. Since then, the asset's price has surged by 1344%, raising the value of the politician's crypto portfolio to $30.5 million.
The Trog (TROG) project team transferred 210.3 billion tokens to Donald Trump's wallet, representing half of the total supply. As a result, Trump's crypto portfolio's value increased to $30.5 million.
This information is confirmed by Arkham Intelligence data. According to their data, the wallet associated with Donald Trump indeed holds 210.3 billion TROG. The token entered the market on June 1, 2024, and since then, its price has increased by 1343.8%, as reported by CoinMarketCap.
Consequently, the value of Trump's portfolio has risen to $30.5 million. Additionally, his position in MAGA (TRUMP) is also "in the green." MAGA (TRUMP) is another meme coin inspired by Trump's political campaign, which is not directly related to him.
It is worth noting that TROG was launched shortly after Donald Trump was found guilty of document falsification. TRUMP responded to this event with a slight dip in value.
#TrumpCrypto #StartInvestingInCrypto #BTC
On June 1st, the Trump Frog (TROG) token was launched on the market. The developers sent half of the entire token supply to Donald Trump's wallet. Since then, the asset's price has surged by 1344%, raising the value of the politician's crypto portfolio to $30.5 million.
The Trog (TROG) project team transferred 210.3 billion tokens to Donald Trump's wallet, representing half of the total supply. As a result, Trump's crypto portfolio's value increased to $30.5 million.
This information is confirmed by Arkham Intelligence data. According to their data, the wallet associated with Donald Trump indeed holds 210.3 billion TROG. The token entered the market on June 1, 2024, and since then, its price has increased by 1343.8%, as reported by CoinMarketCap.
Consequently, the value of Trump's portfolio has risen to $30.5 million. Additionally, his position in MAGA (TRUMP) is also "in the green." MAGA (TRUMP) is another meme coin inspired by Trump's political campaign, which is not directly related to him.
It is worth noting that TROG was launched shortly after Donald Trump was found guilty of document falsification. TRUMP responded to this event with a slight dip in value.
#TrumpCrypto #StartInvestingInCrypto #BTC
SEC Chairman Gary Gensler Speaks About Spot Ethereum ETFs!
SEC Chairman Gary Gensler appeared on CNBC's Squawk Box.
Gensler's comment on ETH ETFs likely indicates that the S-1 approval process will potentially move slowly.
#ETHETFsApproved #StartInvestingInCrypto #etherreum
SEC Chairman Gary Gensler appeared on CNBC's Squawk Box.
Gensler's comment on ETH ETFs likely indicates that the S-1 approval process will potentially move slowly.
#ETHETFsApproved #StartInvestingInCrypto #etherreum
FLOKI explodes to new all-time high; Is new memecoin KangaMoon next?
Floki Inu (FLOKI) has seen remarkable growth in the crypto space, pushing it towards top rankings. Despite competition from new tokens like PolitiFi, FLOKI continues to attract significant attention, including from Ethereum founder Vitalik Buterin, who has commented on the impact of memecoins.
FLOKI's recent roadmap, unveiled in March, and milestones such as the launch of the Floki trading bot and reaching over 417,000 holders on the BNB chain, highlight its potential for market dominance. Recently, DWF Labs purchased $12 million worth of FLOKI tokens to support its ecosystem, including projects like the Valhalla metaverse game and a FLOKI-powered digital bank. This news helped FLOKI reach an all-time high of $0.0003449 on June 5.
Analysts remain bullish, predicting further price increases if FLOKI holds above $0.0003.
KangaMoon (KANG) is a new play-to-earn (P2E) project attracting market attention. With over $7.6 million raised in its presale, KANG will serve as both a utility and governance token. It will be used for in-game currency in P2E games and within the SocialFi ecosystem for social contests and puzzles.
As memecoins gain momentum, KangaMoon is poised to stand out. The KANG price has surged from $0.005 to $0.025 during its presale, a 400% increase. Binance plans to list small-cap projects with strong community traction and viable products, and KangaMoon meets these criteria.
The first exchange to list KANG will be BitMart, potentially leading to greater demand and visibility.
#FLOKI? #BnbAth #altcoins #MemeWatch2024 $FLOKI
Floki Inu (FLOKI) has seen remarkable growth in the crypto space, pushing it towards top rankings. Despite competition from new tokens like PolitiFi, FLOKI continues to attract significant attention, including from Ethereum founder Vitalik Buterin, who has commented on the impact of memecoins.
FLOKI's recent roadmap, unveiled in March, and milestones such as the launch of the Floki trading bot and reaching over 417,000 holders on the BNB chain, highlight its potential for market dominance. Recently, DWF Labs purchased $12 million worth of FLOKI tokens to support its ecosystem, including projects like the Valhalla metaverse game and a FLOKI-powered digital bank. This news helped FLOKI reach an all-time high of $0.0003449 on June 5.
Analysts remain bullish, predicting further price increases if FLOKI holds above $0.0003.
KangaMoon (KANG) is a new play-to-earn (P2E) project attracting market attention. With over $7.6 million raised in its presale, KANG will serve as both a utility and governance token. It will be used for in-game currency in P2E games and within the SocialFi ecosystem for social contests and puzzles.
As memecoins gain momentum, KangaMoon is poised to stand out. The KANG price has surged from $0.005 to $0.025 during its presale, a 400% increase. Binance plans to list small-cap projects with strong community traction and viable products, and KangaMoon meets these criteria.
The first exchange to list KANG will be BitMart, potentially leading to greater demand and visibility.
#FLOKI? #BnbAth #altcoins #MemeWatch2024 $FLOKI
The Rise of Notcoin: A New Contender in the Crypto Space
Notcoin (NOT) has rapidly emerged as an intriguing player in the cryptocurrency landscape since its launch in 2023. Originating from a simple yet viral clicker game on Telegram, where users earned points by tapping on an image of a coin, Notcoin has evolved into a robust community token on The Open Network (TON) blockchain.
Key Features and Growth
Notcoin’s growth has been impressive, boasting a circulating supply of around 102.72 billion tokens and a market capitalization of approximately $2.3 billion as of mid-2024. Each NOT token is priced at around $0.0224, reflecting its steady rise in the market.
Exchange Listings
A significant milestone in Notcoin’s journey is its listing on several major cryptocurrency exchanges:
Binance: Notcoin was featured on Binance Launchpool, allowing users to earn NOT tokens by staking BNB or FDUSD. This listing on one of the world’s largest exchanges has significantly boosted its visibility and liquidity.
WhiteBIT: Listing on WhiteBIT further solidifies Notcoin’s presence in the global crypto market, providing users with more options for trading and investment.
Functionality and Use Cases
Notcoin serves as a community reward token, designed to incentivize user engagement within the web3 ecosystem. Users can earn rewards through gaming, contributing to the network, or participating in various community activities. This functional approach helps drive adoption and integrate Notcoin into everyday digital interactions.
Future Prospects
Looking ahead, Notcoin aims to expand its ecosystem and explore new applications within the digital and decentralized finance realms. Its innovative beginnings and rapid adoption underscore its potential to become a mainstay in the cryptocurrency market.
In conclusion, Notcoin’s strategic listings on prominent exchanges like Binance, Bybit, and WhiteBIT mark significant steps in its growth trajectory, making it a noteworthy addition to any crypto enthusiast’s portfolio.
#StartInvestingInCrypto #Notcoin👀🔥 #Notcoinnews $NOT
Notcoin (NOT) has rapidly emerged as an intriguing player in the cryptocurrency landscape since its launch in 2023. Originating from a simple yet viral clicker game on Telegram, where users earned points by tapping on an image of a coin, Notcoin has evolved into a robust community token on The Open Network (TON) blockchain.
Key Features and Growth
Notcoin’s growth has been impressive, boasting a circulating supply of around 102.72 billion tokens and a market capitalization of approximately $2.3 billion as of mid-2024. Each NOT token is priced at around $0.0224, reflecting its steady rise in the market.
Exchange Listings
A significant milestone in Notcoin’s journey is its listing on several major cryptocurrency exchanges:
Binance: Notcoin was featured on Binance Launchpool, allowing users to earn NOT tokens by staking BNB or FDUSD. This listing on one of the world’s largest exchanges has significantly boosted its visibility and liquidity.
WhiteBIT: Listing on WhiteBIT further solidifies Notcoin’s presence in the global crypto market, providing users with more options for trading and investment.
Functionality and Use Cases
Notcoin serves as a community reward token, designed to incentivize user engagement within the web3 ecosystem. Users can earn rewards through gaming, contributing to the network, or participating in various community activities. This functional approach helps drive adoption and integrate Notcoin into everyday digital interactions.
Future Prospects
Looking ahead, Notcoin aims to expand its ecosystem and explore new applications within the digital and decentralized finance realms. Its innovative beginnings and rapid adoption underscore its potential to become a mainstay in the cryptocurrency market.
In conclusion, Notcoin’s strategic listings on prominent exchanges like Binance, Bybit, and WhiteBIT mark significant steps in its growth trajectory, making it a noteworthy addition to any crypto enthusiast’s portfolio.
#StartInvestingInCrypto #Notcoin👀🔥 #Notcoinnews $NOT
Development and Futures Trading: A Crucial Synergy in Crypto
The cryptocurrency market's growth highlights the crucial synergy between development and futures trading. Developers and traders collaborate to push boundaries, creating innovative solutions. This article explores the role of development in crypto futures trading, features of leading exchanges like WhiteBIT, and the new $NOT -PERP futures trading pair.
The Role of Developers
Developers are vital in building and maintaining the platforms that support blockchain networks, decentralized applications (dApps), and trading instruments. Their work ensures systems are secure and efficient, capable of handling futures trading complexities.
Leading Crypto Exchanges
Several exchanges excel in futures trading:
Binance Futures: Offers a wide range of perpetual and quarterly contracts, deep liquidity, and advanced tools.
Bybit: Known for perpetual contracts, it features an intuitive interface and high-speed trading engine.
WhiteBIT: Emerging in the crypto exchange space, WhiteBIT recently introduced the $NOT -PERP trading pair, expanding trading options and showcasing innovative collaboration between developers and strategists.
$NOT -PERP on WhiteBIT
The $NOT -PERP futures trading pair on WhiteBIT allows traders to speculate on the NOT token's future price, diversifying trading options. This launch exemplifies the collaborative efforts aimed at delivering innovative trading solutions.
Developer-Trader Collaboration
Developers create robust platforms, while traders provide feedback, driving innovation. This dynamic ensures trading platforms remain cutting-edge and user-friendly.
Conclusion
The synergy between development and futures trading drives growth in the crypto market. Exchanges like Binance, Bybit, and WhiteBIT demonstrate the power of this combination. The $NOT -PERP launch on WhiteBIT highlights the importance of continuous collaboration, paving the way for future advancements in the crypto trading ecosystem.
#Futures_Trading #BinanceLaunchpool #NotcoinLaunchpool #WhiteBit
The cryptocurrency market's growth highlights the crucial synergy between development and futures trading. Developers and traders collaborate to push boundaries, creating innovative solutions. This article explores the role of development in crypto futures trading, features of leading exchanges like WhiteBIT, and the new $NOT -PERP futures trading pair.
The Role of Developers
Developers are vital in building and maintaining the platforms that support blockchain networks, decentralized applications (dApps), and trading instruments. Their work ensures systems are secure and efficient, capable of handling futures trading complexities.
Leading Crypto Exchanges
Several exchanges excel in futures trading:
Binance Futures: Offers a wide range of perpetual and quarterly contracts, deep liquidity, and advanced tools.
Bybit: Known for perpetual contracts, it features an intuitive interface and high-speed trading engine.
WhiteBIT: Emerging in the crypto exchange space, WhiteBIT recently introduced the $NOT -PERP trading pair, expanding trading options and showcasing innovative collaboration between developers and strategists.
$NOT -PERP on WhiteBIT
The $NOT -PERP futures trading pair on WhiteBIT allows traders to speculate on the NOT token's future price, diversifying trading options. This launch exemplifies the collaborative efforts aimed at delivering innovative trading solutions.
Developer-Trader Collaboration
Developers create robust platforms, while traders provide feedback, driving innovation. This dynamic ensures trading platforms remain cutting-edge and user-friendly.
Conclusion
The synergy between development and futures trading drives growth in the crypto market. Exchanges like Binance, Bybit, and WhiteBIT demonstrate the power of this combination. The $NOT -PERP launch on WhiteBIT highlights the importance of continuous collaboration, paving the way for future advancements in the crypto trading ecosystem.
#Futures_Trading #BinanceLaunchpool #NotcoinLaunchpool #WhiteBit
