Hamster Kombat (HMSTR) Token Price Pre-Market: The Final Countdown!
HMSTR warriors, get ready—the token launch is about to shake up the crypto market! With 63% of the total supply already circulating and impressive pre-market price jumps from $0.001 to $0.14, the battle is heating up. But what’s next for HMSTR? 🧐 ### Key Insights: - **Tokenomics:** With 63% of the supply in circulation at TGE and 12% locked for airdrops, watch out for potential selling pressure.
Bitcoin(BTC) Surpasses 65,000 USDT with a Narrowed 0.29% Decrease in 24 Hours On Jun 19, 2024, 22:22 PM(UTC).
According to Binance Market Data, Bitcoin has crossed the 65,000 USDT benchmark and is now trading at 65,008.601563 USDT, with a narrowed narrowed 0.29% decrease in 24 hours.
According to PANews, Floki DAO has announced that a proposal to burn 15,246,000,000 Floki tokens has been approved with a 99.84% support rate.
The tokens are set to be destroyed within a week. Recently, an affected wallet sent 15,400,000,000 Floki tokens to a multi-signature Floki wallet. The proposal suggested returning 1% of the tokens, which is 154,000,000 tokens, to the wallet, with the remainder being destroyed.
Bitcoin (BTC) is leading a very tense market sell-off… one that has triggered more than 7% dump in combined Market Cap, which is now seating at $2.14 trillion.
Bitcoin sufficiently closed April as one of its worst month since October 2023.
However, top market analyst Michael van de Poppe is optimistic that Bitcoin is at the end of its correction and completely strained to limit.
Decentralized AI Network on Solana Faces Challenges.
According to PANews, a decentralized computing network built on Solana, known as io.net, has raised funding from Mult1C0in Capital and Moonhill Capital. The exact amount of funding has not been disclosed.
The platform, which falls under the Depin and AI sectors, provides instant, permissionless access to global GPU and CPU networks for machine learning training on GPUs. It boasts 25,000 nodes and uses revolutionary technology to cluster GPU clouds together, saving up to 90% of computing costs for large-scale AI startups. However, the platform has been scrutinized for the number of GPUs it claims to have. Four different figures have been suggested: 7,648 (attempted during deployment), 11,107 (manually calculated from their resource manager), 69,415 (an unexplained, constant number), and 564,306 (a number without any transparent information). The number of GPUs is believed to be 320.
This figure is based on the fact that all GPUs are listed as 'free' on the resource manager page, but none can be rented. The only GPUs that can actually be rented are 320. If they cannot be rented, they are not considered to exist. The DEX AI protocol has been criticized for several issues. Firstly, there is no cost-effective and time-efficient way to conduct useful online training on highly distributed general hardware architectures. This would require a significant breakthrough. Iference on general hardware sounds like a good use case, but the rapid development of hardware and software means that a general DEX approach performs poorly in most key use cases. 3, Using decentralized cryptocurrency to lower capital costs to compete with AWS and incentivize enthusiasts to participate sounds like a good idea. However, due to the many suppliers and shared liquidity of the GPU spot market, no one has integrated enough supply to provide for those operating real businesses.
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used in AI applications.
The company, which struggled in 2023 as the macroeconomic slowdown hurt demand for its products, said its memory chip business returned to profitability, and prices continued to rise thanks to solid demand for DRAM and NAND chips, high-density SSDs and servers.
The Open Network is a global, decentralized L1 blockchain and community focused on putting crypto in every pocket.
By building the Web3 ecosystem in Telegram Messenger, TON's vision is to make it easy for 500 million users to own their digital identity, data, and assets by 2028.
Ripple Experiences Significant Drop, Indicating Bearish Market Sentiment According to CryptoPotato, Ripple recently experienced a significant drop, breaking below its multi-month ascending trendline and retracing toward the breached level, indicating a bearish sentiment in the market. This could potentially lead to a continuation of the downward retracement. Upon examining the daily chart, it was observed that Ripple underwent a substantial decline below the multi-month ascending trendline, moving toward the $0.45 threshold. However, buyers initiated a bullish rebound towards the previously breached ascending trendline at $0.56 and the 100 and 200-day MAs around $0.59, thereby completing a pullback. Despite this temporary rebound, the price action suggests a bearish sentiment in the market, with Ripple potentially poised for a sustained retracement toward the critical support region of $0.45. As a result, Ripple is likely to remain within the price range delineated by the $0.45 support level and the resistance zone of $0.59 long-term until a breakout occurs. A closer look at the 4-hour chart reveals that Ripple stabilized around the $0.49 mark following a notable decline, subsequently experiencing a bullish retracement towards a significant resistance region outlined by the price range between the 0.5 ($0.5310) and 0.618 ($0.5574) Fibonacci levels. However, the price encountered increased selling pressure near this critical juncture, continuing the initial bearish trend. Currently, Ripple sellers aim to breach the crucial $0.49 threshold, potentially triggering a significant long-squeeze event. However, a more plausible scenario is that the price remains within the range defined by the support of $0.49 and the resistance of the 0.5 ($0.5310) and 0.618 ($0.5574) Fibonacci levels, indicating the likelihood of the market continuing its current state of consolidation.
With an AA Smart Account, you can list multiple NFT collections with just a single click. When there are more platforms supporting AA smart accounts in the future, you can list multiple NFT collections across multiple platforms with a single click.
What is Fiat Money? Fiat currency is a modern form of currency issued and guaranteed by a national government. Unlike commodity money based on precious metals, this currency derives its value solely from the trust and recognition of society in the issuing authority.
Unlike traditional commodity money, fiat money is not tied to its intrinsic value but rather derives its value from the trust and commitment of the issuing authority to maintain stable macroeconomic conditions. The government controls the money supply, ensuring liquidity and stability through monetary and fiscal policy tools.
DePINs fundamentally refer to networks that combine physical infrastructure with decentralized technologies, most notably the blockchain. Imagine hardware devices like solar panels, sensors, or wireless routers interlinked and managed using smart contracts on a public, permissionless blockchain.
These decentralized networks can enable a multitude of users to share resources, from energy to data storage, in a manner that is democratic, transparent, and sustainable.
The hallmark of DePINs is the integration of token-based reward mechanisms. Individuals or entities who provide infrastructure or services to the network are rewarded with tokens. This decentralized and incentivized approach can lead to rapid scaling of infrastructure at a fraction of traditional costs, bypassing centralized entities and fostering community ownership.
Exploring the AI Tokens Project - The Future of Blockchain and AI Technology The AI Tokens project marks a new advancement in technology, combining the power of blockchain and AI to create a new platform for intelligent transactions and services.
AI Tokens are designed to enable developers to create unique AI applications, using tokens as a means to access and pay for AI services within the network.
This project not only enhances AI's capabilities in processing and analyzing data but also ensures transparency and security through blockchain technology. AI Tokens promise to revolutionize the way humans and machines collaborate and interact.