It is already being compared to Bitcoin - Pandoshi is still being sold for pennies
Pandoshi is currently in the final stages of pre-sale preparation before listing PAMBO on major exchanges. During the pre-sale of tokens, more than $1.5 million has already been raised, and the total volume of funds raised at all stages exceeded $5 million. Analysts predict that once PAMBO is fully launched, the project will be able to achieve success comparable to that of Bitcoin. When BTC first became an investment around 2010, its value was less than $0.10. But today's price of $47,000 per coin represents a 470,000x return for those who invested early. Even investors who invested just $100 saw significant growth in their investment.#Write2Earn
TVL Blast exceeded $400 million. The founder of Pacman responded to accusations that the project was a Ponzi scheme.
He explained that Blast profitability is being democratized and made available to everyone. Profit comes from staking ETH in Lido and from MakerDAO on-chain bonds, which are sustainable items in the economy. Pacman also dispelled rumors that Paradigm is involved in Blast, although they are consulting on the project. He noted that the Blast community has real value and deserves to be rewarded. The Blast team reported on the project's multi-sig security, saying that nothing is 100% secure. Security is provided by various multi-sig keys, which are stored in different places and managed by independent parties. Blast has already attracted a lot of attention, surpassing $400 million TVL in just a few days of launch, as well as sparking an 88% surge in the BLUR token.
Bitcoin is capable of exceeding $40,000 by the end of the year after the settlement of claims by US authorities against Binance and its ex-CEO Changpeng Zhao. This was announced by Matrixport
In light of the news, Bitcoin went into a temporary correction, but rebounded from $36,000, confirming a strong trend in which growth above $40,000 looks “inevitable,” experts said
Based on the chart below, analysts assume an increase to $45,000.
The macroeconomic background continues to support the first cryptocurrency. Matrixport expects inflation to decline to 1.6% and yields on ten-year US government bonds to 2.6% by 2024–2025. An improvement in the situation with UST will lead to a sharp rise in the stock market, which is often correlated with digital assets, experts added.
We would like to remind you that JPMorgan previously pointed out the positive effect of the Binance deal.
The analyst believes that the real altcoin rally has not yet begun
As the cryptocurrency market awaits a likely bull run, investors are thinking about accumulating altcoins. Thanks to Bitcoin, altcoins are gaining significant strength, as evidenced by their recent breaking of the 50-week barrier of the simple moving average (SMA), which signals a battle less positive investor sentiment towards this asset class. According to a crypto trader and technical analyst under the pseudonym Mags, the upcoming altcoin rally is just around the corner, and the current market picture is very similar to 2020. Mags suggested that current market trends mirror those observed in 2020, a period that preceded a significant market recovery.
"In 2023, we are seeing something similar: the ETH/BTC pair has just reached a multi-year support level, and the halving on the Bitcoin network will occur in just 5 months. The price is also con "is consolidating inside a narrow triangle. A rebound from here will be very optimistic for ETH and altcoins," he said Mags." The expert notes that prices are currently consolidating in the shape of a narrow triangle. Historically, such consolidations, especially if they were followed by a breakout, often indicated a bullish trend.
The first token on the Bitcoin network made it into the top 100, gaining 420% in a month
Since gaining popularity in 2023, ordinals and the BRC-20 token standard have divided the Bitcoin (BTC) community. These innovations are creating an entirely new ecosystem of fungible and non-fungible tokens (NFTs) that can be speculated on. Now Ordi (ORDI) has become the first Bitcoin-based fungible token to enter the top 100 cryptocurrencies by market capitalization. Its growth has occurred in a controversial environment, as critics point to the lack of real value proposition of a completely speculative digital asset. Despite this, in early November, the largest trading platform Binance added ORDI as the first Bitcoin-based token available for trading. As a result, the increased demand for ORDI and other BRC-20 tokens has become the main reason for the rapid growth of commissions on the Bitcoin network in recent weeks. According to CoinGecko, on the evening of November 22, ORDI was trading at $22.26, increasing the monthly increase to 447%. The 24-hour trading volume of the speculative token reached an impressive $247.64 million. As a result, 52.85% of the entire token market capitalization of $450 million changed address or owner. Some experts believe that the speculative nature of ORDI allows it to be classified as a meme coin, such as Dogecoin (DOGE) or Shiba Inu (SHIB).
On 11/21/23, the developers announced the Blast project - an Ethereum-based L2 solution with native returns in ETH and stablecoins. Within a few days, the total value of assets locked in the protocol reached $292 million.
How to get a Blast airdrop
The project team will distribute BLAST tokens among developers and community members. The former can count on a reward after the launch of the main network in February, and users - in May when the native coin is launched. The developers have introduced a special Blast Points system.
1. Enter the invite code in the bridge protocol or follow the referral link (they can be found on social networks or from influencers). 2. Subscribe to a Blast account in X. 3. Join the Discord channel. 4. Link your crypto wallet. 5. Make a deposit. The higher the amount, the higher the chance of receiving an airdrop. 6. For replenishment, a free spin is provided, after opening which a certain number of points will be awarded depending on your luck (the author of the edition received 45 points). 7. For completing activities, for example reposting on X, you can get additional free spins. For new deposits, another attempt is also issued. #аэропорт #Blast #ETH:
On November 24 at 11:00 Kyiv time (12:00 Moscow time), the Binance crypto exchange opened trading in the NFT marketplace token Blur (BLUR) paired with Bitcoin, USDT and the Turkish lira. Withdrawal of the asset will become available on the morning of November 25. The platform assigned BLUR the Seed Tag, which means a new project from the “Innovation Zone” and implies risks of high volatility.
The coin has seen strong growth over the past month, jumping from $0.16 in mid-October to $0.62 at the time of writing, according to CoinGecko. The weekly increase in BLUR quotes amounted to 88%
The positive dynamics of BLUR may be associated with the excitement around the second season of the marketplace airdrop, which ended on November 21.
Lookonchain analysts noted that after the coin distribution, 19 addresses bought a total of 51.3 million BLUR (~$21 million).
In addition, the price of the asset could be affected by the launch of the L2 native yield project Blast from the developers of the NFT platform. Within a few days, the total value of assets locked in the protocol reached $373 million. Blur’s figure is only $100 million.