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😱🚀🚀These 2 Altcoins Could Explode Ahead of ETH ETF Launch Ripple (#XRP ) To Rally As Spot Ethereum ETFs Set The Tone For Growth Ripple ($XRP ) is one of the altcoins to take after the growth of the ETH price. Ripple (XRP), the all-in-one platform to securely store and manage digital assets, tokenization, and treasury operations, among other things, is starting to gather momentum as Spot Ethereum #ETF s may bring an altcoins season soon. Analysts have also pointed out a series of whale actions that may drive the price of Ripple (XRP) from $0.6119 above its next resistance at $0.6649. By the time Spot Ethereum ETFs hit the market in full swing, Ripple (XRP) will be looking to capitalize on the bull market and surge higher alongside other altcoins. Also, the ongoing legal case against Ripple (XRP) seems to be ending soon, giving investors a greenlight to resume activities fully. TRON (#TRX ) To Follow Ethereum (ETH) Rise TRON ($TRX ) is also one of the altcoins tipped to rise after Ethereum. Apart from being initially launched on the Ethereum (ETH) network, the only mention of TRON alongside Spot Ethereum ETFs was after Justin Sun, the Founder of TRON (TRX), brought Ethereum worth $5 million. Since TRON (TRX) is not directly linked to the Spot Ethereum ETF like ETFSwap (ETFS), it will rely on the ETH price to drive market growth. Hence, experts predict TRON (TRX) will rise when the ETH price stabilizes and adds to its ongoing run. #binance #altcoins
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😱🔥🔥1.6 million BNB worth nearly $1 billion were burned The new burning of #BNB , #Binance 's own ecosystem token, has been completed. In the statement made by the BNB Foundation, it was stated that BNBs were transferred to the address known as the "black hole" in a way that they could not be transferred back. BNB Foundation announced that 1,643,698 BNBs were burned within the range of token burn rates. While the burning expenditure, which has been continuing for years on a quarterly basis, was made for the 28th time, the total value of the burned tokens was approximately 971 million dollars. BNB token, which moved from the Ethereum network to BNB Chain in 2019, will continue to be burned until the total supply drops to 100 million units. According to the price of BNB and the block cut produced on a quarterly basis in the BSC network, the burned tokens were sent to an address called a "black hole" in a non-returnable manner. In BNB, where real-time burning is also implemented through gas, 234 thousand tokens have been burned since 2021. On the previous burning date, April 24, 1.9 million BNB was burned. At the time the news was written, BNB was trading at approximately $595. #BTC #BinanceTournament
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🔥💥ApeCoin DAO Votes on $3.6 Million APE-themed Hotel in Bangkok The #ApeCoin community is voting on a proposal to build an APE-themed hotel in Bangkok, Thailand.This follows a series of developments within the broader Bored Ape Yacht Club (BAYC) community aimed at expanding the APE ecosystem.ApeCoin DAO Considers Hotel Launch After Layer-2 Network Rollout On July 19, the ApeCoin DAO began voting on ApeCoin Improvement Proposal 448 (AIP-448), dubbed the ApeCoin Hotel. The proposal seeks 410,000 $APE tokens, equivalent to $3.6 million, to build an APE-themed hotel in Bangkok. According to the proposal, this move will enhance the BAYC IP exposure, increase ApeCoin’s visibility and utility, and generate revenue for the ApeCoin DAO. “50% of the revenues from themed rooms will be received by ApeCoin DAO for one year once these rooms are completed. DAO will receive revenue from all themed rooms, including APE, BAYC, Otherside, Apechain, Mocaverse. Funds will be returned to the DAO Treasury on a quarterly basis,” the proposal stated The proposal has generated mixed reactions within the crypto community. Zach Burks, founder of NFT marketplace Mintable, criticized the idea, while the broader APE community appears to support it. “Lived in Bangkok for 2 years. Way too many hostels and hotels, most go out of business, especially given prices are so cheap and competitive, and the Thai goverment has been struggling to get tourism numbers back up,” Burks opined. Despite these concerns, around 5 million APE tokens have been cast as votes, with 4.6 million tokens (92% of the total) in support of the proposal. Notably, a single address, 0xC602, is responsible for 67% of the yes votes, contributing 3.1 million APE tokens. This development follows the July 16 launch of the ApeChain testnet by the ApeCoin DAO. Earlier this year, the APE community approved the launch of a layer-2 network on the Arbitrum network. The network will use the APE token as both gas and governance tokens. #APE #binance #Bangkok
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😱🚀🚀Top 2 Altcoins with big breakout potential 1. Chainlink (#LINK ): A chain of decentralized oracle networks, supplying secure and reliable data feeds for smart contracts. Smart contracts are self-executing contracts on blockchains; however, most of the time, they are in dire need of access to external sources of data. $LINK solves this chasm by providing a secure way for smart contracts to access off-chain data. Why consider it? Smart contracts can disrupt a lot of industries, but the need for reliable external data will act as a stumbling block. In that sense, Chainlink contributes to a decentralized oracle network; hence, it will make a high difference in smart contract applications. DeFi and blockchain tech are only going to get much bigger in the future. In a couple of years, when people will realize that they need secure and reliable oracles, Chainlink will be used largely. 2. Filecoin (#FIL ): Filecoin is a decentralized storage network oriented to provide an appropriately secure and reliable substitute for traditional, centralized cloud storage providers by storing data in a network of computers dispersedly. Why consider it? Many concerns are rising regarding personal data privacy and censorship issues, which increases interest in decentralized storage solutions. $FIL is a secure, resistant avenue of data storage controlled by users themselves. Provided that the amount of data produced, rapidly growing globally, need secure and trusted solutions for storage, then if Filecoin were to capture a large enough share of cloud storage, this would imply an immense upside in its value. #altcoins #binance
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😱🚀🚀2 Altcoins with big breakout potential 🔥 1. Cosmos (#ATOM ) $ATOM will stand out as an integrated blockchain network that will help answer the basic problems in the blockchain ecosystem and unify problems that arise between scalability and interoperability. It will make different blockchain messages sharing with one another seamlessly and share data accordingly. Why consider it? Imagine a future where a multitude of blockchains like Ethereum and Solana could interoperate and share data. Cosmos has aspirations to be the base for that connected future. It brings especially unique architecture in the form of the so-named Cosmos SDK that enables developers to easily make custom blockchains that are in a position to plug into the Cosmos Hub, facilitating interoperability. With DeFi, decentralized finance, and the need to communicate seamlessly between blockchains, Cosmos would be well-positioned. Higher adoption of the Cosmos SDK by developers and further integration with other DeFi protocols may cause huge growth. 2. Polkadot (#DOT ): Similar to Cosmos, Polkadot tackles the problems of poor scalability and poor interoperability. The architecture contains the central relay chain—Polkadot chain—and multiple parachains, subordinate blockchains application-unique. Why consider it? Polkadot allows developers to create custom-made parachains for any use case without taking into consideration the limitations of their scalability—this means their functionality will be enormously huge. Then these parachains connect to Polkadot's relay chain for security and to gain interaction. Specialized blockchains can offer evident benefits in scalability and security, attracting a huge set of developers. Increased adoption of parachains and their integration with other blockchain ecosystems may power bu $DOT 's value. #altcoins #binance
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