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This helps to contribute to the overall health of a project. Lido’s TVL at the time of writing had gained 9.37% in the last seven days. Its competition #MakerDAO did not record such growth. Hence, this means that #Lido was gaining most of the attention in the #DeFi sector.

This helps to contribute to the overall health of a project. Lido’s TVL at the time of writing had gained 9.37% in the last seven days. Its competition #MakerDAO did not record such growth. Hence, this means that #Lido was gaining most of the attention in the #DeFi sector.

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Top Cryptocurrency Investments For 2024 Bullrun, Ethena (ENA) & nuco.cloud (NCDT)
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🔥🔥Dogwifhat Could Reach a Staggering $15 in The Near Future This week has been crazy for Dogwifhat (WIF). By Wednesday, the canine-inspired cryptocurrency had lost 14% of its value after rising almost 10% on Tuesday evening. The rollercoaster started loudly. Investors soon flocked to Solana-based meme currency Dogwifhat. Its fun moniker and link with the dog meme craze caused a purchasing frenzy, driving up its price by double digits. This positive mood mirrored the meme coin market's 1.5% surge last week. WIF's price has gained 90% in the last month, adding $0.32 on average. This quick gain suggests the currency might become a solid asset if it continues rising. Dogwifhat's pleasure was brief. The Solana meme coin category, which contains WIF, fell faster than the general meme coin market. This implies network congestion or platform scalability issues particular to Solana meme currencies may be behind the price decline. Some experts are hopeful about Dogwifhat's future despite the recent drop. A estimate from Changelly, a major on-chain metrics and pricing prediction service, has raised eyebrows. Their forecast? Dogwifhat might hit $17 soon, a 300% increase from its current price. This optimistic view is tempered with prudence. The bitcoin market is notoriously volatile. Many meme coins have meme-driven price oscillations and lack the usability or foundations of established cryptocurrencies. Meme coins may provide huge rewards but can cause huge losses. Bugs and Project Postponements Over the last month, Solana has encountered network congestion as more projects and consumers joined its ecosystem. Solana co-founder Anatoly Yakovenko tweeted about “dealing with congestion bugs” last Thursday. In recent days, numerous cryptocurrency projects have delayed token releases due to congestion. Solana developers plan to issue a fix for a “implementation problem” that has skyrocketed transaction failure rates on April 15. Helius Labs CEO Mert Mumtaz calls the network issue a “implementation bug,” not a “design flaw.” #WIF #BullorBear #Memecoins $WIF
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Sui Blockchain Joins #Ethereum and #BNB Chain as Stablecoin #FDUSD‬⁩ Following its integration with Ethereum and BNB Chain, First Digital's native stablecoin FDUSD—with a market valuation of over $3 billion—is now accessible on the third blockchain, Sui. According to CoinDesk's interview with FDUSD CEO Vincent Chok, the integration would increase the stablecoin's adoption among users of decentralized finance (DeFi). Sui is a new network that is actively promoting the DeFi industry. We want to join forces as a new stablecoin since their development in a year is equally remarkable. Sui TVL Earned More Than $500 Million One of the most rapidly expanding Layer 1 blockchains is Sui. Its remarkable DeFi growth continued, and by February it had surpassed $500M in TVL. Sui surpassed Aptos and Cardano at that moment because to its remarkable development. With its integration into the Sui network, FDUSD has become the first leading stablecoin to be issued natively on the Sui network. The blockchain is home to $340 million worth of Tether (USDT) and USD Coin (USDC), according to DefiLlama statistics. "This integration will have a profound impact on the Sui community, fueling enhanced liquidity, expanding the network’s utility, and unlocking new possibilities for builders and users," made note of Greg Siourounis, managing director of ecosystem development group Sui Foundation. Launched in August 2023, FDUSD now ranks fourth on Coin Market Cap for 24-hour worldwide trading volume. There are 3.28 billion of the fiat-pegged coin in circulation, with most of them being split between Ethereum and the BNB Chain. #sui $SUI
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As Bitcoin Deviates From ATH—100X Potential Three Affordable Alternatives Under $1 To Purchase Many are looking again at cryptocurrencies with great potential that are priced for less than $1, because to Bitcoin's recent decline from its all-time highs. Even seasoned investors are seeking diversification. 1. #Cardano (ADA): Sustainability and Scalability Cardano is a pioneering blockchain project known for its sustainable and scalable solutions. Cardano provides a more environmentally friendly alternative to the energy-intensive proof-of-work consensus by using a proof-of-stake design. With a constant monthly climb of 10%, ADA's durability is evident, despite recent slight setbacks. This indicates its potential as a long-term participant. 2. #TRON (TRX): Web Entertainment and Scalability Solutions Since its 2018 shift from an ERC-20 token to its own protocol, TRON has focused on empowering online entertainment. The tremendous $10.39 billion market value and 90% price spike seen by TRX recently indicate the increasing faith in its ecosystem. Its attempts to fix scaling problems put it at the forefront of the movement to change the digital entertainment industry. 3.#NULS (NULS) : Building Bitcoin ,ETH, EVM blockchain with modules NULS is a worldwide open-source community blockchain initiative that offers configurable services on top of its blockchain architecture. By combining ChainBox's capabilities to create chains rapidly, decrease development costs, and speed up the landing of blockchain business applications with smart contracts and cross-chain technologies, NULS achieves a highly flexible underlying architecture via the use of micro-services. In order to facilitate Bitcoin network scaling, the NULS Bitcoin layer2 module is being developed inside NULS ChainBox. We set out in 2017 to construct a modular blockchain ecosystem based on our ideals. After NULS and NerveNetwork—a cross-chain layer developed using NULS ChainBox technology—here comes the Bitcoin module. Keep it down; the power of NULS will astound you. $ADA $TRX $NULS
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The price of #XRP remains above $0.60, providing an opportunity for #Ripple bulls to test the waters while the company solicits award program applications On Wednesday, the price of XRP will challenge the psychologically significant support level of $0.60. As part of its #XRPLedger awards program, Ripple has announced its debut and is already accepting submissions from developers. Important support for the Ripple (XRP) price at $0.60 on Wednesday is being tested. As the price of Bitcoin fell back under $70,000, the cryptocurrency was affected by the market-wide slump. On Thursday, Ripple's decentralized public blockchain XRPLedger will get an important upgrade to its Automated Market Maker (AMM). Prior to the update's implementation, the blockchain network notified all nodes that they needed to upgrade to version 2.1.1. With the support of XRPL Grants, programmers may learn how to utilize Ripple's blockchain to create new and beneficial apps that take use of the ledger's open-source technology. Financing for projects up to one year is available under the program, ranging from $10,000 to $200,000. To make the XRPLedger more useful and give developers more freedom, Ripple has introduced rolling applications. Previous grant recipients include Evernode and XRPScan (Ripple's biggest explorer), both of which work to increase the use of the XRPLedger and its native coin, XRP. We are seeing XRP price action at $0.60, a key support level. Since it provided support for a few of weeks in March, the $0.60 level has been seen as psychologically significant for Ripple. In most cases, a price adjustment for $XRP occurs when it falls below this level. The price of ripple is now in an upward channel and is expected to test the $0.60 support level before releasing into the negative. The price of XRP will find further support at $0.5851. Multiple tests have shown that the $0.5851 level provides stable support for XRP in April 2024. If XRP doesn't shut below the channel, it can start to rebound and hit resistance at $0.63, which is the upper barrier.
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