🟠 MicroStrategy has purchased Bitcoin 40 times in four year | TopCryptoNews on Binance Square

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🟠 MicroStrategy has purchased Bitcoin 40 times in four years, investing nearly $10 billion 🔥
That's dollar cost averaging at its finest.
#Bitcoin #BTC 

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📉 Hamster Kombat’s HMSTR Token Crashes 20% After Listing The recent listing of Hamster Kombat’s HMSTR token witnessed a dramatic 20% drop in its price, stirring discussions among airdrop winners. Initially trading at $0.014, the token’s price has slipped to approximately $0.011. 🔸 Hamster Kombat Distributes HMSTR Token Developed on The Open Network (TON) blockchain, Hamster Kombat is a notable tap-to-earn game. It rewarded 131 million qualifying players with a distribution of 60 billion tokens from its first season. The TON blockchain, closely linked with Telegram, has managed high user traffic following the token launch. Since launching in March, the game itself has amassed over 300 million users. Trading commenced at 12:00 UTC on Thursday, with listings on prominent exchanges like Binance, OKX, Bitfinex, and Bitget. Alongside the trading, the platform enabled on-chain token claims, with options for immediate withdrawal. This token release serves as a significant benchmark for Hamster Kombat and also poses a crucial test for the TON blockchain. The latter experienced outages during the DOGS airdrop in August. Developers had forewarned about the increased load expected from transactions by Hamster Kombat’s extensive user base. “We would like to notify you that from the 26th of September 10:00 UTC we are expecting an increased load on the TON blockchain. This is as the Hamster Kombat game project with more than 100 million monthly active users will be minting coins on the blockchain. This is a unique and first event of this scale for the blockchain industry,” the network said Moreover, Hamster Kombat unveiled its strategic roadmap on Wednesday. The plan details the development of a Web3 gaming platform that integrates external payment systems and introduces new games. It also incorporates NFTs as in-game assets. Additionally, the roadmap includes the creation of a dedicated advertising network to support the games. Revenues from this network will fund token buybacks and rewards distribution. #HMSTR #HMSTRonBinance

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📊 Analyst Predicts Optimism (OP) To Soar Driven by Superchain Interoperability Optimism (#OP ) is currently trading at $1.72 with a 24-hour trading volume of $147.7 million. The Layer-2 scaling solution has seen a 2% price increase in the past 24 hours, suggesting positive market sentiment. If this upward trend were to continue, it can push OP to its predicted price of $30 by 2030. Driving this potential growth is the rise of Superchain interoperability, a game changer for developers that allows seamless access to user data and assets across multiple blockchains. This technology enables developers to initiate transactions on one chain and execute them on another. However, security and risk management remain important considerations, especially with potential vulnerabilities in Layer 3 solutions and tokens. 🔸 Optimism’s Current Market Performance At the time of writing, #Optimism (OP) has a price of $1.72 while the 24-hour trading volume is about $147.7 million. Notably, Optimism has increased by 2% in the last 24 hours suggesting a positive market sentiment. This price movement is crucial since such changes represent the general market interest and trends for Layer 2 protocols. Projections for OP suggest an upward trend. According to the Changelly blog, the maximum price could reach $2.36 by the end of September 2024. However, it could also drop as low as $1.69 during this period, which is not surprising given the volatile nature of cryptocurrencies. Looking further ahead, the outlook for Optimism is positive. Reports predict that OP could surpass its all-time high, potentially reaching $5.51 by 2025 as decentralized finance (DeFi) adoption increases. However, there are challenges, such as regulatory pressures, that may hinder this growth, potentially causing a decline to $2.64. By 2026, OP could fluctuate between $1.87 and $4.39, depending on market conditions and ecosystem developments. By 2030, OP could potentially reach astonishing heights, possibly hitting $30.49 as Layer 2 solutions become more popular.

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🌏 Worldcoin launches in three more countries; WLD token spikes Worldcoin rose for the third consecutive day after developers expanded their product launches to more countries. 🔸 Worldcoin launches in more countries Worldcoin (#WLD ) retested the important resistance level at $2, its highest point since Aug. 2. The token has surged by over 54% from its lowest level in August. In a statement, the developers announced they had launched World ID in Guatemala, Malaysia, and Poland. In addition to these countries, Worldcoin is available in places like Argentina, Chile, Austria, Mexico, and the United States. 💬 1 week, 3 World ID verification launches — Worldcoin According to its website, the developers have carried out over 6.7 million World ID verifications, with 155,000 accounts joining in the last seven days. Simultaneously, the number of wallet transactions has risen to 142 million, while daily wallet transactions have soared to nearly 400,000. Worldcoin, which Sam Altman launched, is also working on the World Chain, an Ethereum (ETH) layer-2 network. Altman is the co-founder and Chief Executive of OpenAI, the company behind ChatGPT. The developers hope that launching the chain will lower gas fees and ease the scaling process. Also, the chain will incorporate World ID data to prevent automated bots. Also, verified users will share part of the gas fees the network generates. A key concern among users and policymakers is about data privacy. For example, World ID registrations were paused for a few months in Kenya as thousands of people lined up to be verified. It also encountered privacy issues in places like Hong Kong and Portugal. 🔸 #Worldcoin may have bottomed WLD’s rebound occurred after it found strong support at $1.3245, where it formed a double-bottom pattern. The coin has since risen above this pattern’s neckline at $1.95. The Average Directional Index has pointed upward, while WLD has moved to the upper side of the wide Bollinger Bands indicator.

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🔴 Render price recovers amid whale accumulation Render, a decentralized graphics processing unit-based rendering solutions provider, is seeing a notable price recovery as large wallet addresses aggressively accumulate the native token. The Render (#RENDER ) token ranks as one of the top artificial intelligence and decentralized finance cryptocurrencies by market cap. After its native token plummeted to $4.50 on Sept. 7, Render has shown significant resilience, reclaiming support above $6.00. 🔸 RENDER price ‘bottomed’ According to market intelligence and on-chain insights provider Santiment, Render is showing recovery buoyed by large address accumulation. This comes after the artificial intelligence token bottomed out near $4.60 on Sept. 18, with bears rejecting bulls’ attempt to push higher around $5.35 a week earlier. Gains for Render have largely been muted, but the bullish shift amid whale accumulation has seen its price rise by more than 33% over the past week. This upside has coincided with a fresh spike in artificial intelligence-related tokens. 🔸 Whales bought the Render dip Whales and sharks took advantage of recent pullbacks to buy low. For Render, this was a notable occurrence, as pointed out by Santiment analysts in an post on X. On-chain data shows that these large holders possess at least 100,000 Render tokens. About 902 addresses hold 100,000 or more tokens, with large holders controlling 91% of the total supply. In the past eleven weeks, these large wallets have accumulated over 20.5 million Render tokens, valued at more than $126.3 million. During this aggressive accumulation, whales and sharks added 3.7% of Render’s total supply to their holdings. While the whales adopted a bullish stance on the altcoin, investor wallets appear to have sold off sharply. In the past month, investors dumped 21% of their holdings, which whales absorbed. Retail investors also purchased more tokens, adding 3.6% to their portfolios.

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✴️ Hamster Kombat Prepares for Binance Launchpool Listing Amid Controversy Hamster Kombat will launch on Binance on September 26 at 12:00 UTC and will be the fifth TON-based project to launch on Binance Launchpool. Hamster Games has attracted 300 million users, with 82 million monthly active users and 32 million daily active users. According to EmberCN analyst, the mini-game is believed to involve 55 million linked wallets. #Binance #BinanceLaunchpoolHMSTR #HamsterKombat

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