Notcoin (NOT) Price Prediction 2024, 2025, 2026-2030 
Trending
Bullish NOT price prediction for 2024 is $0.013289 to $0.023340.
Notcoin (NOT) price might reach $0.1 soon.
Bearish NOT price prediction for 2024 is $0.004490.
In this Notcoin (NOT) price prediction 2024, 2025-2030,  we will analyze the price patterns of NOT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS INTRODUCTION
Notcoin (NOT) Current Market Status
What is Notcoin (NOT)?
Notcoin (NOT) 24H Technicals
NOTCOIN (NOT) PRICE PREDICTION 2024
Notcoin (NOT) Support and Resistance Levels
Notcoin (NOT) Price Prediction 2024 — RVOL, MA, and RSI
Notcoin (NOT) Price Prediction 2024 — ADX, RVI
Comparison ofNOT with BTC, ETH
NOTCOIN (NOT) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ
Notcoin (NOT) Current Market Status
Current Price $0.01176 24 – Hour Price Change 2.28% Down 24 – Hour Trading Volume $934,144,734 Market Cap $1,207,764,890 Circulating Supply 102,719,221,714 NOT All – Time High $0.01445 (On May 16, 2024)   All – Time Low $0.004605 (On May 24, 2024)  
NOT Current Market Status (Source: CoinMarketCap) What is Notcoin (NOT) TICKER NOT BLOCKCHAIN Notcoin CATEGORY Digital Collectible LAUNCHED ON January 2024 UTILITIES Governance, tipping system, gas fees & rewards
Notcoin (NOT) is a digital cryptocurrency that aims to redefine the traditional concepts of digital currency through its unique blockchain technology. Notcoin (NOT) Price Prediction 2024, 2025, 2026-2030 
Trending
Bullish NOT price prediction for 2024 is $0.013289 to $0.023340.
Notcoin (NOT) price might reach $0.1 soon.
Bearish NOT price prediction for 2024 is $0.004490.
In this Notcoin (NOT) price prediction 2024, 2025-2030,  we will analyze the price patterns of NOT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS INTRODUCTION
Notcoin (NOT) Current Market Status
What is Notcoin (NOT)?
Notcoin (NOT) 24H Technicals
NOTCOIN (NOT) PRICE PREDICTION 2024
Notcoin (NOT) Support and Resistance Levels
Notcoin (NOT) Price Prediction 2024 — RVOL, MA, and RSI
Notcoin (NOT) Price Prediction 2024 — ADX, RVI
Comparison ofNOT with BTC, ETH
NOTCOIN (NOT) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ
Notcoin (NOT) Current Market Status
Current Price $0.01176 24 – Hour Price Change 2.28% Down 24 – Hour Trading Volume $934,144,734 Market Cap $1,207,764,890 Circulating Supply 102,719,221,714 NOT All – Time High $0.01445 (On May 16, 2024)   All – Time Low $0.004605 (On May 24, 2024)  
NOT Current Market Status (Source: CoinMarketCap) What is Notcoin (NOT) TICKER NOT BLOCKCHAIN Notcoin CATEGORY Digital Collectible LAUNCHED ON January 2024 UTILITIES Governance, tipping system, gas fees & rewards
Notcoin (NOT) is a digital cryptocurrency that aims to redefine the traditional concepts of digital currency through its unique blockchain technology. Designed to be a secure, efficient, and scalable platform, Notcoin focuses on providing fast transactions and low fees. It supports smart contracts and decentralized applications (dApps), making it versatile for various use cases, including finance, supply chain, and beyond. The NOT token is integral to the ecosystem, facilitating transactions and incentivizing network participation. With a commitment to innovation, Notcoin seeks to address the limitations of existing cryptocurrencies and foster widespread adoption.
Notcoin 24H Technicals
(Source: TradingView)
Notcoin (NOT) Price Prediction 2024
Notcoin (NOT) ranks 74th on CoinMarketCap in terms of its market capitalization. The overview of the Notcoin price prediction for 2024 is explained below with a daily time frame.
NOT/USDT Ascending Channel Pattern (Source: TradingView)
an ascending channel pattern. An ascending channel is the price action contained between upward-sloping parallel lines. Higher highs and higher lows characterize this price pattern. An ascending channel is used to show an uptrend in a security’s price. Ascending channels are short-term bullish in that a stock moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns.
At the time of analysis, the price of Notcoin (NOT) was recorded at $0.01176. If the pattern trend continues, then the price of NOT might reach the resistance levels of $0.013263, and $0.019250. If the trend reverses, then the price of NOT may fall to the support of $0.011276, $0.013263, and $0.007483.
Notcoin (NOT) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Notcoin (NOT) in 2024.
NOT/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Notcoin (NOT) for 2024.
Resistance Level 1 $0.013289 Resistance Level 2 $0.023340 Support Level 1 $0.007566 Support Level 2 $0.004490
NOT Resistance & Support Levels
Notcoin (NOT) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Notcoin (NOT) are shown in the chart below.
NOT/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Notcoin (NOT) market in 2024.
INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.007521Price = $0.01176(50MA < Price) Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 68.815888<30 = Oversold50-70 = Neutral>70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume
Notcoin (NOT) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Notcoin (NOT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
NOT/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Notcoin (NOT).
INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 60.953392 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 35.14<50 = Low>50 = High High volatility
Comparison of NOT with BTC, ETH
Let us now compare the price movements of Notcoin (NOT) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs NOT Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of NOT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of NOT also increases or decreases respectively.
Notcoin (NOT) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Notcoin (NOT) between 2025, 2026, 2027, 2028, 2029 and 2030.
Year  Bullish Price  Bearish Price Notcoin (NOT) Price Prediction 2025 $0.4 $0.044 Notcoin (NOT) Price Prediction 2026 $0.7 $0.003 Notcoin (NOT) Price Prediction 2027 $1 $0.002 Notcoin (NOT) Price Prediction 2028 $1.2 $0.001 Notcoin (NOT) Price Prediction 2029 $1.5 $0.0009 Notcoin (NOT) Price Prediction 2030 $2 $0.0008
Conclusion
If Notcoin (NOT) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Notcoin (NOT) price prediction for 2024 is $0.023340. Comparatively, if unfavorable sentiment is triggered, the bearish Notcoin (NOT) price prediction for 2024 is $0.004490. 
If the market momentum and investors’ sentiment positively elevate, then Notcoin (NOT) might hit $0.1. Furthermore, with future upgrades and advancements in the Notcoin ecosystem, NOT might surpass its current all-time high (ATH) of $0.01445 and mark its new ATH. 
FAQ
1. What is Notcoin (NOT)?
Notcoin (NOT) is a digital cryptocurrency that aims to redefine the traditional concepts of digital currency through its unique blockchain technology.
2. Where can you purchase Notcoin (NOT)?
Traders can trade Notcoin (NOT) on the following cryptocurrency exchanges such as  Binance, Bybit, OKX, DigiFinex, and BingX.
3. Will Notcoin (NOT) reach a new ATH soon?
With the ongoing developments and upgrades within the Notcoin platform, Notcoin (NOT) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Notcoin (NOT)?
Notcoin (NOT) hit its current all-time high (ATH) of $0.01445 on May 16, 2024. 
5. What is the lowest price of Notcoin (NOT)?
According to CoinMarketCap, NOT hit its all-time low (ATL) of $0.004605 on May 24, 2024.
6. Will Notcoin (NOT) reach $0.1?
If Notcoin (NOT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.1 soon.
7. What will be Notcoin (NOT) price by 2025?
Notcoin (NOT) price is expected to reach $0.4 by 2025.
8. What will be Notcoin (NOT) price by 2026?
Notcoin (NOT) price is expected to reach $0.7 by 2026.
9. What will be Notcoin (NOT) price by 2027?
Notcoin (NOT) price is expected to reach $1 by 2027.  
10. What will be Notcoin (NOT) price by 2028?
Notcoin (NOT) price is expected to reach $1.2 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Former Professional Boxer Floyd Mayweather Accused of Involvement in NFT Scams
According to Foresight News, former professional boxer Floyd Mayweather has been accused of involvement in several NFT (Non-Fungible Token) scams. The allegations were made by blockchain detective ZachXBT, who noted that Mayweather had posted and subsequently deleted tweets containing fraudulent information.
ZachXBT revealed that Mayweather had previously been involved in NFT scams including Mayweverse and RealFloydNFT. He also allegedly promoted fraudulent projects such as Ethereum Max, Bored Bunny, Moonshot, and a 2018 ICO. However, the tweets related to these scams have since been removed from Mayweather's account.
The accusations against Mayweather highlight the potential risks associated with the rapidly growing NFT market. As the popularity of NFTs continues to rise, so does the number of scams related to them. This incident serves as a reminder for investors to exercise caution when dealing with NFTs and other digital assets.

Shiba Inu Community Warned Against Fraudulent SHIB Reward Schemes
According to U.Today, ShibArmy Scam Alerts has issued a crucial advisory to the Shiba Inu community, warning them about the rise of fraudulent schemes promising SHIB rewards. The advisory emphasizes that no official SHIB rewards distribution is currently being conducted by the Shiba Inu team. This warning comes at a critical time when numerous platforms and websites are falsely claiming to offer SHIB rewards.
As the popularity of Shiba Inu continues to rise, scammers are increasingly targeting the community with deceptive offers of SHIB rewards. These fraudulent schemes often trick unsuspecting users into connecting their wallets to illegitimate websites, leading to substantial financial losses and compromised security. ShibArmy Scam Alerts, an account dedicated to protecting the SHIB community from scams, reiterates that the Shiba Inu team is not conducting any reward distributions at this time and cautions users against falling for these deceptive offers.
ShibArmy Scam Alerts advises the community to be smart before connecting their wallets to any sites promising these rewards. It is crucial to conduct thorough research before engaging with any platform or website that promises SHIB rewards, as these are mostly run by bad actors seeking users to connect their wallets to gain such rewards. Connecting wallets to unverified sites can have severe consequences, including the theft of sensitive information or direct access to funds.
The Shiba Inu community is reminded of the importance of staying informed and cautious. The only way to protect their investments and personal information is to stay alert and skeptical of offers that seem too generous. If something seems too good to be true, it probably isn't.

According to U.Today, Ark Investment, the asset management firm led by Cathie Wood, has decided not to issue an Ethereum (ETH) Exchange Traded Fund (ETF). Previously, Ark had submitted documents to the Securities and Exchange Commission (SEC) in collaboration with 21Shares, with the intention of becoming an ETH ETF issuer. However, the firm will maintain its partnership with 21Shares for the Bitcoin spot ETF, which was launched earlier this year.
In an official statement, Ark Investment expressed its continued belief in Ethereum's transformative potential and long-term value, but confirmed it will not pursue an Ether ETF product. The reason behind this sudden shift in strategy remains unclear. However, Bloomberg analyst Eric Balchunas suggests that the ongoing 'fees war' in the market, which challenges the profitability of issuers, could be a contributing factor. As a result of Ark's decision, 21Shares will now proceed with the Ethereum ETF independently.
In related news, Ark Investment reportedly experienced record outflows of $100 million on a single day. Bitcoin ETFs, in general, have struggled to gain traction among financial advisors due to concerns about market timing, regulatory compliance, and a preference for stability and long-term growth among clients. Some dealers even limit Bitcoin ETF purchases, while others prohibit advisors from selling them.
Despite this, Bitcoin ETFs have not lost their appeal to investors. For instance, BlackRock's Bitcoin ETF reported inflows of $169 million on a recent Friday, according to data from Arkham. Initially, Bitcoin ETFs were seen as a way for advisors to help clients invest in cryptocurrency, but six months later, most advisors are avoiding them. Advisors who serve older, conservative clients are particularly dismissive of Bitcoin ETFs.#Write2Earn #ETherium $ETH

Victim Loses $1.58 Million Due to Online Phishing Scam
In a spine-chilling revelation, Odaily reports a staggering loss of $1.58 million by an unsuspecting victim to a sinister online phishing scam. This digital heist, detected by Scam Sniffer just five hours ago, has left the online community in shock and disbelief.
The nightmare began when the victim was cunningly deceived into signing the Uniswap Permit2 mechanism. Little did they know, this innocuous action would open the floodgates to a catastrophic breach. As soon as the mechanism was signed, the cybercriminals pounced, executing a bulk transfer that drained 22 assets from the victim’s account. The magnitude of this theft sends shivers down the spine, highlighting the ruthless efficiency of these cyber predators.
This harrowing incident serves as a stark reminder of the lurking dangers in the digital realm. With every click, every transaction, there lies a potential threat. The shadows of the internet are filled with predators, waiting for that one moment of vulnerability.
In light of this, it is imperative for all users to fortify their defenses. Here are some crucial precautions to safeguard against such terrifying scams:
1. Double-Check URLs: Always verify the authenticity of the website you are interacting with. Phishing sites often mimic legitimate ones to lure victims.
2. Beware of Unsolicited Requests: Be extremely cautious of unexpected prompts to sign any mechanisms or provide personal information.
3. Use Two-Factor Authentication (2FA): Adding an extra layer of security can thwart unauthorized access even if your credentials are compromised.
4. Regular Account Monitoring: Frequently check your accounts for any suspicious activity. Early detection can prevent further damage.
5. Educate Yourself: Stay informed about the latest phishing tactics and cybersecurity measures. Knowledge is your best defense.
As the digital landscape evolves, so do the tactics of these cybercriminals. The key to survival in this perilous environment is vigilance and proactive security measures. Stay safe, stay alert, and don’t let the shadows catch you off guard. 🌑🕵️‍♂️🔒

Velocore Under Siege: A Digital Heist Unfolds
In a chilling twist, the blockchain world holds its breath as whispers of a massive breach send shockwaves through the community. Velocore, a towering name in the blockchain realm, stands on the precipice of a potential catastrophe.
The unsettling news broke through Odaily, casting a dark shadow over Velocore's digital fortress. Yu Cosine, the vigilant founder of SlowMist, sounded the alarm on platform X. His message was stark and foreboding: Velocore might have been hacked, and the losses? They could be staggering.
Cosine's revelation, shrouded in a tweet, hinted at an ominous scenario. Officer's Notes, the harbinger of bad news, suggested that the attack might have targeted the zkSync and Linea chains. The result? A devastating drain of all LPs, leaving a gaping void. Velocore's prized creation, veDEX, which thrives on zkSync Era and Linea, now teeters on the edge of an abyss. The full scope of the damage? Still a mystery, lurking in the shadows.
This digital assault highlights the relentless and ever-evolving threats that loom over blockchain platforms. As investigators delve into the depths of this breach, a sense of unease spreads. Users of Velocore and veDEX are left to grapple with uncertainty, urged to remain on high alert and watch their accounts with eagle eyes for any signs of malevolent activity.
The digital winds whisper tales of treachery as Velocore's fate hangs in the balance. 🌒🌌👁️

Massive BTC Supply Shock and Explosive ATHs Incoming As Bitcoin (BTC) Buying 2X Since Bitcoin Halving
Trending
Analysts suspect a massive Bitcoin (BTC) supply shock is coming.
This is caused by the increased buying of BTC which is slowly emptying out exchanges.
This move will soon lead to the next seismic Bitcoin (BTC) price surge.
Bitcoin (BTC) has shifted into its discovery phase for the ongoing bull cycle. Having already surged past its previous ATH of $73,737, the asset is now in a steady sideways movement before it supasses this previous ATH again.
Most Bitcoin price analyst expect the slow sideways movement to carry out for mosnth possibly. However, the price of Bitcoin (BTC) could also surge at anytime depending on retail entry, market makers, and the sway of the market. 
There are x2 more #BTC being bought than produced since halvingExchanges sitting at an all time low of BTC supply, means there are almost no more Bitcoin to buy, means price upYou can’t stop this wave of supply shock that is coming. Even MtGox wouldn’t change anything here..
— Doctor Profit (@DrProfitCrypto) May 29, 2024
In particular, popular crypto analysts such as Doctor Profit, known for his accurate predictions, notices an interesting supply observance. Specifically, Doctor Profit notes that Bitcoin (BTC) is being bought off of crypto exchanges at twice the speed it was being bought before the Bitcoin Halving event.
Now, after the successful carrying out of the Bitcoin Halving event. Bitcoin holders are buying out Bitcoin (BTC) at twice the speed. This move leads the analyst to perceive that exchanges are sitting at an all time low of BTC supply. This means that there is almost no Bitcoin left to buy which in turn could likely result in massive BTC price spikes.
He ends his message saying there is no stopping this incredible Bitcoin (BTC) supply shock coming for the market. In accordance with the market, BTC price surging will certainly lead to altcoin prices surging as well. 
May 29 ETF Update Total Net Inflows +419 #Bitcoin ($28.3m)Highlights:Blackrock + 364 BTCFidelity + 263 BTCBitwise + 163 BTCGBTC – 462 BTC pic.twitter.com/R7tS2kioiG
— Thomas | heyapollo.com (@thomas_fahrer) May 30, 2024
As a side note, total net inflows for Bitcoin (BTC) ETFs have now surpassed $28,300,000. Of these numbers, BlackRock has secured over 364 BTC, Fidelity over 263 BTC, Bitwise over 163 BTC, and GBTC has over 462 BTC. Truly it will be exciting to see when the Bitcoin supply shock will come into play for the BTC price.
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The post Massive BTC Supply Shock and Explosive ATHs Incoming as Bitcoin (BTC) Buying 2X Since Bitcoin Halving appeared first on Crypto News Land.

The Unfolding Saga of ApeCoin (APE)
Trending Now: The Rise and Fall of a Crypto Titan
In a whirlwind of less than two years, ApeCoin (APE) skyrocketed to an all-time high, only to plummet by a staggering 97% in a single day in March 2022. The token, which once sparked a frenzy in the cryptocurrency market, has since been on a relentless struggle to reclaim its former glory. Join us as we delve into the compelling story and intricate fundamentals of this enigmatic token.
ApeCoin (APE) emerged as the native token of the APE ecosystem, an ERC-20 utility token rooted in the proof-of-stake consensus mechanism for its security. Designed to empower and incentivize the APE ecosystem, which aspires to be a formidable presence in the web3 arena, APE's popularity has seen it stretch its utilization beyond its original confines.
The Brains Behind ApeCoin
ApeCoin isn't just any cryptocurrency; it's issued by the ApeCoin DAO (Decentralized Autonomous Organization), the project's legal representative. Every APE holder is a member of the DAO, wielding the power to vote on crucial ecosystem matters—ranging from system upgrades to fund allocations and new policy formations.
At the helm of governance, the ApeCoin DAO is officially represented by the ApeCoin Foundation, tasked with implementing the DAO's decisions and fostering ecosystem growth. A board of five members leads the foundation, executing its visions and targets with a tenure lasting just one year before a new board is elected by APE holders.
The Thriving ApeCoin Ecosystem
Venture into the expansive web3 community of the ApeCoin ecosystem, where every APE holder plays a vital role. Notably, when ApeCoin launched in May 2022, Bored Ape Yacht Club (BAYC) NFT holders received some tokens, marking the start of a unique journey.
Yuga Labs soon adopted ApeCoin as the BAYC ecosystem's utility token, making it the official currency for purchasing BAYC merchandise and event tickets. Consequently, the BAYC NFT collection, along with related collections like Mutant Ape Yacht Club (MAYC), CryptoPunks, Meebits, and Bored Ape Kennel Club (BAKC), became integral to the ApeCoin ecosystem.
Metaverse Marvels
The Otherside metaverse stands out as a significant project within the ApeCoin ecosystem. In April 2022, Yuga Labs, Animoca Brands, and BAYC collaborated on a Dutch auction-style sale for Otherside Lands, mandating ApeCoin for purchases. This led to a dramatic surge in APE's value, showcasing its potential.
Contrary to popular belief, ApeCoin was created by the ApeCoin DAO, not Yuga Labs, despite their intertwined relationship. Yuga Labs, a contributor and DAO member, even gifted a special NFT to the ApeCoin DAO, cementing their partnership.
Unveiling ApeCoin’s Tokenomics
With a fixed supply of 1 billion, ApeCoin's distribution is meticulously planned. The DAO Treasury holds 47%, while BAYC and MAYC holders received 15%, and another 15% was allocated to Yuga Labs. Launch contributors got 14%, BAYC founders 8%, and 1% was donated to the Jane Goodall Legacy Foundation (JGLF) for educational and environmental research. Approximately 30% of the supply was unlocked at launch, with the remainder set to unlock gradually until 2026.
APE’s Versatile Use Cases
APE isn't just a token; it's a gateway to the ApeCoin ecosystem. It grants holders governance rights in the ApeCoin DAO and access to exclusive games and initiatives. Third-party developers can integrate APE into their projects, broadening its utility. During the minting of 55,000 parcels of virtual lands known as "Otherside," transactions in APE hit around $300 million in sales, illustrating its significant role.
Rivalry in the Crypto World
ApeCoin faces fierce competition from other ERC-20 tokens like Decentraland's MANA, Axie Infinity's AXS, and The Sandbox's SAND. Each of these tokens drives their respective ecosystems, offering unique utilities and governance rights, mirroring APE’s ambitions.
Gazing Into the Future
The future of ApeCoin hangs in a delicate balance. Its success is tightly intertwined with the fortunes of the Ape ecosystem. The cooling interest in NFTs poses a challenge, yet an innovative project could reignite its spark. For now, ApeCoin's journey remains one to watch closely.
The Dark Side of APE
Despite its potential, ApeCoin's relevance outside its ecosystem remains limited. This narrow focus has hindered its growth and market presence. Investors should approach with caution, aware of the high volatility that defines most cryptocurrencies.
Our Verdict
ApeCoin's story is one of highs and lows, competition, and resilience. While it offers intriguing prospects, investors must tread carefully. Conduct thorough research before diving into ApeCoin or any cryptocurrency, as the landscape is as perilous as it is promising.

Is Cardano Dead: What Happened to ADA’s Big Dreams?
Trending
Can Cardano, once hailed as the future of blockchain, recover from its steep decline, or has ADA’s journey from promise to disappointment marked the end of its ambitious dreams?
Table of Contents
How the story started
The current state of Cardano’s ecosystem
Why is Cardano lagging?
What does the public sentiment say?
What do the data and experts say?
The road ahead
How the story started
Cardano (ADA) started with big dreams. Created by Charles Hoskinson, one of Ethereum’s (ETH) co-founders, it aimed to tackle the issues of scalability, sustainability, and interoperability that troubled earlier blockchains like Bitcoin (BTC) and Ethereum. Using a proof-of-stake (PoS) system called Ouroboros, Cardano promised a greener and safer blockchain.
Cardano’s journey had some notable milestones. The Alonzo upgrade in September 2021 brought smart contracts to the network, and the Vasil hard fork in 2022 aimed to boost scalability. 
These upgrades positioned Cardano as a potential heavyweight in the decentralized finance (DeFi) arena, with applications like non-fungible tokens (NFTs) and decentralized exchanges (DEXs) in tow.
Yet, despite these advancements, Cardano has struggled to keep its momentum. ADA reached its peak price of $3.10 in September 2021, but as of May 29, it’s trading around $0.46—an 85% drop. 
ADA lifetime price chart | Source: CoinMarketCap
This decline has sparked speculation, including from popular crypto influencer Ben Armstrong, also known as BitBoy Crypto. 
In an April 6 video, Armstrong compared Cardano’s performance with other networks, arguing that they are “blowing up and getting a lot of recognition” while the average person “can’t name three projects on ADA.”
Armstrong attributed this to better price action and liquidity on other chains, which attract more usage and institutional money. He noted that Cardano’s liquidity is largely locked up in staking, making it less attractive for big investors. 
According to Armstrong: “The markets are telling us very clearly – look at where the big money is and look at where it’s going… ADA is getting left out.”
In response, Cardano founder Charles Hoskinson expressed disappointment, stating that Armstrong “was always friendly in person to me” and found it “sad to see him go down this road,” but he still wished Armstrong well and hoped for the best.
Well @BenArmstrongsX was always friendly in person to me. Sad to see him go down this road. Wish him well and hope for the best. https://t.co/b9lFeO70oe
— Charles Hoskinson (@IOHK_Charles) April 7, 2024

What has led to this decline, and is Cardano really dead? Let’s dive in and find out.
The current state of Cardano’s ecosystem
To better understand Cardano’s position, let’s compare it with its notable competitors: Ethereum, Binance Smart Chain (BNB), and Solana (SOL) over the last 30 days as of May 29.
Dapp development and adoption
Cardano’s decentralized application (dApp) ecosystem is expanding, with 54 active dApps and 132 smart contracts. However, these numbers seem modest when compared to Ethereum’s 4,589 dApps and over 177,000 smart contracts, as well as Binance Smart Chain’s 5,329 dApps and over 79,000 smart contracts. 
Solana also outpaces Cardano with 269 dApps and 1,820 smart contracts. The limited number of dApps and smart contracts on Cardano impacts its attractiveness to both developers and users.
For developers, a smaller ecosystem means fewer opportunities for collaboration, support, and potential users. This can be a deterrent, especially for those looking to launch new projects quickly and efficiently. 
For users, a limited selection of dApps translates to fewer services and functionalities available, which can affect the overall user experience.
To illustrate, consider Ethereum’s DeFi ecosystem, a major draw for developers and users. Projects like Uniswap (UNI), Aave (AAVE), and Compound (COMP) have established themselves as leaders in the space, contributing to Ethereum’s dominance. 
Meanwhile, Solana’s rapid growth can be attributed to its high-performance capabilities, NFT ecosystem, prevalence of meme coins, ability to enable lightning-speed transactions, and low costs. 
Cardano, while promising similar capabilities with its Hydra scaling solution, has yet to achieve comparable adoption. The limited number of dApps and smart contracts on Cardano affects the network’s ability to compete with more established ecosystems.
Cardano’s TVL and market cap to TVL ratio analysis
Cardano’s total value locked (TVL) stands at $255.57 million as of May 29, which is far lower compared to Ethereum’s $65.255 billion, Binance Smart Chain’s $5.52 billion, and Solana’s $4.84 billion, reflecting Cardano’s struggle to attract and retain substantial DeFi activity.
Interestingly, Cardano’s TVL has experienced a sharp decline of around 50% in the last two months, dropping from $490 million in March, suggesting a loss of confidence among investors and users.
Cardano TVL chart | Source: DeFi LIama
The market cap to TVL ratio further provides a dreadful overview into Cardano’s position. Cardano’s ratio is at 62.45, which is far higher than Ethereum’s 6.95, BSC’s 16.63, and Solana’s 16.09. 
A high market cap to TVL ratio often indicates that a blockchain’s market valuation is much higher than the value locked in its DeFi protocols, suggesting that the market may be overvaluing the asset relative to its actual DeFi usage.
In simple words, speculative investments may be driving up Cardano’s market cap without corresponding growth in DeFi applications and user activity.
You might also like: Is Polygon a sleeping giant or a sinking ship? Analysis of MATIC’s next move
User engagement and NFT activity
Cardano’s user activity, measured by unique active wallets (UAW), stands at 40,030. This figure pales in comparison to Solana’s 5.32 million UAW, Binance Smart Chain’s 4.09 million UAW, and Ethereum’s 2.76 million UAW. 
High user activity on Ethereum and Binance Smart Chain can be attributed to their extensive ecosystems, which offer a wide range of DeFi applications, NFTs, and more, providing users with varied engagement opportunities.
For NFTs, Cardano’s volume is $1.68 million, lower than Ethereum’s $442.91 million and Solana’s $73.21 million. Binance Smart Chain, although leading in dApp volume, also trails behind Ethereum in NFT volume. 
The low NFT volume on Cardano points to limited marketplace activity and user interest in trading and creating NFTs on the platform.
Transaction and volume comparison
Transaction volume is another critical metric for evaluating blockchain performance. Cardano processed approximately 409,300 transactions, while Ethereum managed 7.39 million, Binance Smart Chain 21.86 million, and Solana a staggering 235.11 million. 
Meanwhile, examining the overall dApp volume, Ethereum dominates with $208.21 billion, Binance Smart Chain follows with $21.71 billion, and Solana with $3.55 billion. Cardano’s dApp volume of $173.32 million is relatively small, indicating fewer financial activities and interactions within its ecosystem.
Why is Cardano lagging?
Cardano’s ecosystem faces several critical challenges that have caused it to lag behind its main competitors. Let’s break them down one by one.
Development delays and execution issues
Cardano has often been criticized for its slow and methodical approach to development. While this rigorous, peer-reviewed process ensures high-quality output, it delays the deployment of key features. 
For example, Cardano introduced smart contract functionality only in September 2021, despite launching several years ahead of competitors like BNB Chain, Solana, and Polygon (MATIC), which have already onboarded millions of users through this use case. 
Cardano’s late arrival to the smart contract party means it faces an uphill task against competitors hindering its ability to attract and retain users. As a result, its ecosystem has struggled to gain traction in the face of more established and dynamic platforms.
Inadequate marketing and community engagement
Cardano’s marketing efforts and community engagement have been less effective than those of its competitors. The forums and online communities dedicated to Cardano are often less active, with fewer discussions about new and innovative projects. 
For instance, the Solana community is vibrant, with frequent posts about unique developments, which keeps the ecosystem lively and engaging. 
In contrast, Cardano’s online presence is perceived as more stagnant, focusing on old narratives rather than new advancements. Effective marketing is crucial for attracting new users and retaining existing ones, something Cardano needs to improve.
Competition from robust ecosystems
Cardano is up against well-established ecosystems that have already captured a large market share. Ethereum, for example, is not only the pioneer of smart contracts but also continues to lead in terms of developer activity and project launches. 
The Ethereum-centric programming language, Solidity, has gained immense popularity, making it the go-to choice for blockchain developers. This has resulted in a robust and thriving ecosystem with a wide array of decentralized applications.
Other competitors, including Binance Smart Chain, Avalanche (AVAX), and Polygon, have gained traction by introducing support for the Ethereum Virtual Machine (EVM). 
EVM compatibility allows developers to deploy native apps seamlessly across these networks, lowering the entry barriers for new projects. 
Cardano, however, is still on the path to supporting EVM, having recently launched the solution on testnet. Until full EVM support is operational, developers need to learn Cardano’s native programming language, Haskell, and Plutus’s script from scratch. This onboarding experience hasn’t been ideal, increasing the barrier for developers to migrate from other thriving ecosystems to Cardano. 
As a result, the slower adoption and fewer offerings in Cardano’s ecosystem make it challenging to compete with these well-established and more developer-friendly platforms.
Limited real-world use cases
Despite its technological progress, Cardano has struggled to showcase real-world use cases that can drive large-scale adoption. 
The blockchain space is highly competitive, and without compelling applications that demonstrate the practical benefits of Cardano’s technology, it becomes challenging to attract new users and developers. 
Ethereum, for instance, has numerous high-profile projects and collaborations that highlight its versatility and utility in various industries, from finance to gaming.
What does the public sentiment say?
The sentiment around Cardano on Reddit is a mixed bag, reflecting both optimism and frustration among long-time holders and new observers. 
A prominent holder since 2017 pointed out that the Cardano forum appears dead, with a noticeable lack of excitement and innovative discussions. The core concern is the absence of real-life use cases and direction for Cardano, leaving many to wonder about the technology’s practical applications.

Despite this, another user countered by discussing the ongoing developments within the Cardano ecosystem. They noted that much of the conversation has shifted to Twitter (X) and in-person meetups, where new programming languages like Aiken, Opshin, and Helios are being introduced. 
The user even mentioned advancements in scalability with zkfold, zeko, and zk primitives, along with the construction of an account model by the Optim team. Projects are also utilizing Plutus v2+ to enhance smart contracts, indicating a strong, albeit less visible, development activity.
Meanwhile, some argued that venture capitalists and financial institutions have vested interests in seeing Cardano fail because of its fair token allocation and decentralization, which threatens traditional profit models, fueling a belief in Cardano’s long-term potential.
On the flip side, skepticism persists among those disheartened by Cardano’s slow progress and low liquidity on decentralized exchanges. These users are wary of the lack of rapid development and immediate use cases, contrasting with the high expectations set years ago.

What do the data and experts say?
A comprehensive analysis by AlphaQuest examined over 12,000 cryptocurrency projects and found that nearly two-thirds of these projects have died. 
Among the top 10 ecosystems with the most defunct coins, Cardano ranks prominently, with 74% of its projects becoming inactive or ceasing to exist. This high failure rate reveals deep-rooted systemic issues, such as inadequate liquidity, low trading volumes, and insufficient developer engagement. 
For instance, 93% of dead coins suffered from low liquidity or trading volume, indicating a severe decline in investor interest.
Meanwhile, the volatility and market conditions in the crypto space have further exacerbated these challenges. Major collapses, like those of Terra and FTX, had led to the demise of numerous projects. 
Specifically, after the Terra crash, 35% of crypto projects were deemed defunct. This instability also affected Cardano, which saw a considerable portion of its projects fail during these turbulent times. 
Amid this, institutional confidence in Cardano has also been shaken. Grayscale, a leading crypto asset management firm, recently removed Cardano from its Digital Large Cap Fund as part of its quarterly rebalancing. 
At the end of the day on 4/3/2024, Grayscale Digital Large Cap Fund’s Fund Components were a basket of the following assets and weightings. As a result of the rebalancing, Cardano $ADA has been removed. https://t.co/o5jJz3NKs0$BTC $ETH $SOL $XRP $AVAX (3/6) pic.twitter.com/qVymu05BKw
— Grayscale (@Grayscale) April 4, 2024
Although the firm did not explicitly state the reasons, this move suggests a declining confidence in ADA’s performance and potential. 
Grayscale’s decision to retain other assets like BTC and Solana SOL while dropping ADA suggests a shift in institutional preference towards more promising and stable assets.
The road ahead
Despite the data showing that Cardano is lagging behind its competitors, declaring it “dead” might be premature. While the road ahead is challenging, Cardano’s community could spark a renaissance. 
Will Cardano rise from the ashes and redefine its path, or will it fade into obscurity as another ambitious project that couldn’t keep up? Only time will tell, but the story of Cardano is far from ovear.$BTC #StartInvestingInCrypto #BlackRock #Write2Earn

XRP Lawsuit: Ripple Moves to Shake Things Up With the SEC With $6 XRP Price Highly in View

In the dimly lit corridors of power, a titanic legal battle rages on, one that could reshape the landscape of cryptocurrency. Ripple, the force behind XRP, has just made a daring move in its ongoing clash with the U.S. Securities and Exchange Commission (SEC). The stakes have never been higher, with whispers of a $6 XRP price tantalizingly close to reality.
Ripple’s latest gambit? A meticulously crafted response letter aimed at bolstering its Motion to Seal crucial documents. These documents are the lifeblood of the SEC’s Motion for Judgment and Remedies, and Ripple is fighting tooth and nail to keep them under wraps. The tension is palpable as Ripple’s strategy unfolds.
James K. Filan, a well-respected figure in the XRP community, dropped a bombshell on Thursday. He revealed that Ripple’s submission, addressed to Hon. Analisa Torres of the United States District Court in New York, makes a compelling argument. Ripple contends that disclosing current financial statements, especially those from years after the alleged misconduct, serves no purpose in the court’s analysis.
But Ripple isn’t stopping there. They vehemently oppose the SEC’s insistence that information about Ripple’s financial condition is essential for determining remedies for past actions. Ripple’s stance is clear: maintaining confidentiality around historical contracts is crucial. They argue that revealing these details could provide future counterparties with undue leverage, a move that could cripple Ripple’s strategic position.
Ripple’s reply letter is a masterclass in legal rebuttal. It dismantles the SEC’s claim that historical contracts are irrelevant due to changes in XRP sales methods. Ripple clarifies that while their sales strategy may have evolved, the terms of past contracts still hold significant commercial value. These contracts offer a window into Ripple’s current business practices, a window they intend to keep firmly shut.
As this legal chess game intensifies, Ripple’s CEO, Brad Garlinghouse, remains a vocal advocate for favorable cryptocurrency regulations. Recently, he hailed the passage of the FIT21 bill, a legislative victory that could herald a new era for the crypto . Garlinghouse exudes confidence, certain that Ripple will emerge victorious in its showdown with the SEC.
Yet, the market remains on edge. XRP’s price is trapped in a prolonged struggle, with months of consolidation manifesting in a Doji Candle formation on the monthly chart—a sign of indecision among traders. The suspense is unbearable.
Despite this stagnation, a sense of anticipation lingers in the air. Crypto analyst Babenski is among the bullish voices, predicting a dramatic breakout for XRP. He sees the altcoin on the cusp of shattering its seven-year accumulation trend. In a riveting tweet, Babenski shared a chart suggesting that XRP is poised to break free from a bullish symmetrical triangle pattern. His bold prediction? A meteoric rise of over 1,100%, propelling XRP to a historic $6.
Babenski’s optimism is contagious. U-Copy, another respected analyst, echoes this sentiment. He believes XRP is nearing the end of its triangle formation, hinting at an imminent breakout. While U-Copy refrains from naming a specific target price, he foresees substantial movement for XRP by December 2024.
As of now, XRP trades at $0.5213, reflecting a modest 0.43% drop over the past 24 hours. The calm before the storm, perhaps? The world watches with bated breath, as Ripple’s battle with the SEC inches towards a climax that could redefine the future of cryptocurrency. The next move is anyone’s guess, but one thing is certain—this is a showdown for the ages.#StartInvestingInCrypto #altcoins #BlackRock #Write2Earn $BTC $XRP

🚀 "Bitcoin President" Nayib Bukele: A New Term, A New Era? 🤔
In a historic moment for El Salvador and the crypto world, President Nayib Bukele has begun his second term in office! 🎉 The inauguration ceremony on June 1 at Gerardo Barrios Square marks five years since Bukele first took office, earning him the nickname "Bitcoin President." 🤝
Bukele's first term was nothing short of revolutionary, as he made Bitcoin a legal tender in El Salvador on September 7, 2021! 🚀 This bold move positioned El Salvador as a trailblazer in digital currency adoption, causing ripples in the global financial landscape.
Now, as Bukele starts his second term, all eyes are on him to see how his policies will continue to shape El Salvador's economy and digital landscape! 🌍 Will he continue to push the boundaries of crypto adoption? Only time will tell, but one thing is certain - the world is watching! 👀
Some highlights of Bukele's first term include:
- Bitcoin legalization: El Salvador became the first country to officially recognize Bitcoin as a legal currency.
- Economic growth: Despite challenges, El Salvador's economy showed signs of growth, and Bukele aims to continue this trend.
- Financial inclusion: Bukele's strategy includes increasing financial inclusion among unbanked citizens, reducing reliance on the US dollar.
As Bukele begins his new term, the crypto community and beyond are eagerly awaiting his next moves! What do you think he'll do next? Share your thoughts! 💬

🚨 HISTORY MADE: Donald Trump Convicted of Crimes - A First for a Former US President! 🚨
In a groundbreaking verdict, Donald Trump has become the first former US president to be found guilty of crimes. The jury convicted him on all 34 charges of falsifying business records to influence the 2016 presidential election. This unprecedented decision marks a significant moment in American history, reshaping the political landscape just months before Election Day. 🗳️📜
#Trump , who has been seeking the Republican nomination for the 2024 presidential race, now faces potential prison time. The case revolved around a hush-money payment , exposing a conspiracy that prosecutors argued deprived voters of vital information.🕵️‍♂️🔍
While this verdict may have far-reaching implications, it's crucial to remember that everyone is innocent until proven guilty. The American justice system has spoken, but the journey is far from over. As the legal proceedings continue, it's essential to stay informed and engaged.🇺🇸📚
What's Your Honest Opinion on This Verdict??#Megadrop #MtGox #StartInvestingInCrypto #ETHETFsApproved $BTC #Write2Earn

Shocking Blow to Crypto Giants: SEC Strikes Hard 🚨 The crypto world has been rocked by a storm of bad news in the last 48 hours, leaving industry insiders reeling. The U.S. Securities and Exchange Commission (SEC) has launched a relentless assault on two of the biggest names in the industry: Binance and Coinbase. On June 5, the SEC unleashed its first blow against Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng Zhao. The regulator accused them of a shocking array of charges: mishandling client funds, lying to regulators, and weaving a complex web of deception and conflicts of interest. "Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception," declared SEC Chairman Gary Gensler. Binance fiercely denied the accusations, assuring that all user assets are safe and promising to fight the charges. But the SEC wasn't done. Just hours later, it dropped another bombshell: Coinbase, America’s most popular crypto exchange, was also in the crosshairs. The SEC accused Coinbase of operating illegally as an unregistered national securities exchange, broker, and clearing agency. They also charged the company for not registering its crypto asset staking-as-a-service program. "You simply can’t ignore the rules," warned Gurbir S. Grewal, director of the SEC’s Division of Enforcement. According to the SEC, Coinbase was well aware that federal securities laws applied to its business but chose to ignore them, prioritizing profits over investor protections. Now, the regulator is seeking injunctive relief, penalties, and the return of ill-gotten gains. This crackdown wasn't entirely unexpected. In March, the SEC had already warned Coinbase of potential enforcement actions. The regulator has long asserted that most cryptocurrencies and related products, excluding bitcoin, are securities, which would place them under strict regulatory oversight. The SEC's move against staking—where investors lock up crypto tokens with a blockchain validator to earn rewards—signals a broader crackdown on the crypto industry. Earlier this year, the regulator hit Kraken with a $30 million fine over its staking service.
As the dust settles, the message from the SEC is clear: no one in the crypto industry is above the law. 💥$BTC $ETH #Writetoearn #Write2Earn

Binance Trading Volume Plummets: The Mysterious Case of the Missing Bots 🚀
A shocking report from CoinGlass reveals a staggering drop in trading volume on Binance, leaving the crypto community baffled! 🤔 The culprit? Trading bots, crucial for market stabilization and liquidity, have seemingly vanished into thin air! 🔮
Major assets are feeling the pinch, with losses ranging from 70% to 95% of their volume. Pepe, Bitcoin, and Solana are among the hardest hit, with declines of 97.5%, 62%, and 88.9%, respectively! 📉 The sudden absence of these trading bots has raised concerns about liquidity and market stability. What's behind this mysterious disappearance? 🧐
One theory points to a potential failure of these trading bots, which are essential for maintaining market balance and providing liquidity. If a critical bot goes offline, it can trigger a swift and drastic fall in transaction volume! 💸 With these bots integral to the smooth functioning of centralized exchanges, their absence has sent shockwaves through the crypto market.
But what's causing these bots to go dark? Is it a technical glitch, maintenance work, or perhaps changes in Binance's policies or API restrictions? The truth remains elusive, leaving traders and investors on edge! 😬 As the investigation continues, one thing is certain - the crypto world is holding its breath, eagerly awaiting answers to this enigmatic mystery! 💥

Mastercard Revolutionizes Crypto Payments with "Crypto Credential" Service! 🚀
In a move to transform the crypto payments landscape, Mastercard, the global payments leader, has launched its innovative "Crypto Credential" service! 💳 This groundbreaking service streamlines and secures peer-to-peer crypto transactions across Europe and Latin America, making it easier and safer for users to send and receive Bitcoin and other cryptocurrencies. 🌎
With "Crypto Credential," users can create a Mastercard username, facilitating transactions via exchanges like Bit2Me, Lirium, and Mercado Bitcoin, operating in countries such as Brazil, Argentina, and France. 📈 Walter Pimenta, Mastercard's Executive Vice President, emphasized the importance of secure transactions in the rapidly growing blockchain and digital assets space. "As interest in blockchain and digital assets surges globally, trusted and verifiable interactions across public blockchain networks are crucial." 💻
Say goodbye to complex wallet addresses! 🙅‍♂️ Mastercard's service addresses the issue of lengthy and confusing addresses, which can lead to errors and losses. The service notifies senders if the recipient's wallet doesn't support the specific asset or blockchain, preventing transactions from proceeding and safeguarding users from potential losses. 🚫 It also tackles the problem of scammers using lookalike addresses to deceive users, often truncating wallet addresses and showing only a few characters. 🔒
Mastercard's "Crypto Credential" service is a game-changer for crypto payments, making transactions more accessible, secure, and trustworthy! 🌟 This launch marks a significant milestone in the evolution of crypto payments, and we can't wait to see the impact it will have on the industry! 🚀

BlackRock Updates Ethereum ETF Application; Analyst Predicts Possible June Launch 🚀
Bloomberg analyst Eric Balchunas highlighted BlackRock's updated S-1 form for its proposed spot ether (ETH) exchange-traded fund (ETF) as a "good sign," suggesting a potential launch by the end of June. This move signals a significant step forward in the cryptocurrency market.
On Tuesday, BlackRock made headlines by surpassing Grayscale to become the largest publicly traded bitcoin fund. The amended S-1 form for the Ethereum ETF provides more detailed information about the product, which has recently gained approval for listing in the U.S.
The form disclosed that a "Seed Capital Investor" had purchased the initial shares for the proposed ETF. According to the S-1 form, "On May 21, 2024, the Seed Capital Investor, an affiliate of the Sponsor, subject to conditions, purchased the Seed Creation Baskets, comprising 400,000 Shares at a per-Share price equal to $25.00. The net asset value of the Trust was $10,000,000." This development is significant as it indicates the level of initial investment and the trust placed in the new ETF.
Once regulatory approval is secured, assets held in the ETF can be redeemed for cash or even ether. The iShares Ethereum Trust ether ETF will be listed and traded under the ticker "ETHA."
Eric Balchunas of Bloomberg expressed optimism about the updated S-1, viewing it as a positive indicator. He noted that this could pave the way for other filings to follow suit and suggested that another round of fine-tuning comments from SEC staff might be expected. Despite this, Balchunas maintained his over/under date for the launch as July 4th, while still considering a June launch a strong possibility.
"The updated S-1 is a good sign. We'll probably see the rest roll in soon, then another round of fine-tuning comments from the SEC staff. An end-of-June launch is a legit possibility, although I'm keeping my o/u date as July 4th," Balchunas tweeted on May 29, 2024.
This update comes nearly a week after the Securities and Exchange Commission (SEC) approved several ether ETFs for listing in the U.S., boosting bullish sentiment in the broader crypto market. The approval marks a significant milestone, reflecting the growing acceptance and integration of cryptocurrency-based financial products into mainstream markets.
BlackRock’s bitcoin ETF has already demonstrated considerable success. As of Tuesday, it has become the world’s largest publicly traded bitcoin fund, surpassing Grayscale, with nearly $20 billion in assets under management. The fund has seen over $16 billion in net inflows since its inception in January, attracting investments from major state pension funds and other institutional investors.
With BlackRock's proactive steps and the SEC's recent approvals, the cryptocurrency ETF market is poised for substantial growth, reflecting increasing institutional interest and investor confidence in digital assets. The potential launch of the iShares Ethereum Trust ether ETF marks another exciting development in the evolving landscape of crypto investments. 🌐💼

🚀 XRP Price Prediction: Ripple’s SEC Settlement Could Skyrocket Price to $18! 💸
🔥 Trending News from Coinpedia Fintech
Crypto enthusiasts, hold onto your hats! According to BitBoy Crypto and Dark Defender, Ripple's (XRP) price might soar to an astonishing $18. However, there's a twist—some experts suggest that investing in ETFSwap (ETFS) could yield even better returns. Let's dive into the details.
🚀 How Ripple (XRP) Could Reach $18
BitBoy Crypto, during a chat on Fox News, expressed his belief that Ripple (XRP) is poised to be "the most explosive coin" in the coming months. He hinted at an impending settlement between Ripple and the SEC, which he claims will trigger a massive "price explosion" for XRP.
On the other hand, crypto analyst Dark Defender shared his insights via X (formerly Twitter), maintaining that $18 is a realistic price target for XRP once it gains momentum. Despite these bullish predictions, BitBoy Crypto had an intriguing point to make. He noted that Ripple (XRP) would no longer be deemed a security post-settlement, potentially lifting the price suppression that's plagued the token since the lawsuit started.
However, it's essential to remember that Judge Analisa Torres ruled last year that Ripple (XRP) is not a security. Despite this regulatory clarity, XRP couldn't breach the $1 resistance level, suggesting the lawsuit might not have been the sole factor in its lackluster performance.
💡 ETFSwap (ETFS) Shines Brighter for Investors
For those seeking better returns, ETFSwap (ETFS) appears to be a promising alternative. Since its launch, ETFS has surged over 500% and ranks among the best-performing cryptos this year. Experts are incredibly optimistic about ETFSwap (ETFS), predicting more upward movement due to its unique utility.
ETFSwap is a Real World Assets (RWA) project that tokenizes exchange-traded funds (ETFs) for on-chain trading. This innovative approach has garnered positive reviews from experts who believe it has the potential to become the leading RWA crypto project.
🌟 Key Features of ETFSwap (ETFS)
- High Leverage: Users can leverage up to 10x on all trades, maximizing profits.
- Staking Rewards: Attractive staking rewards for ETFS and other cryptocurrencies.
- Revenue Sharing: Token holders will participate in a revenue-sharing program upon launch.
- Accessibility: Easy investment with just a crypto wallet, and no mandatory KYC requirements.
📈 Future Potential of ETFSwap (ETFS)
Experts predict that ETFS could rise from its current price of $0.00854 to $20, representing a 20,000% gain—a 200x return on investment! Crypto investors have already recognized ETFSwap's potential, accumulating significant amounts during stage 1 of its presale. The ongoing presale stage might end sooner than expected, so now's the time to act if you don't want to miss out on this golden opportunity.
📢 Don't Miss Out!
For more information about the ETFS Presale:
- [Visit ETFSwap Presale](#)
- Join The ETFSwap Community
Invest wisely and stay ahead in the crypto game! 🚀💰

Ripple CTO Demystifies Tokenization, Wows XRP Community
In an era where complex financial concepts often require lengthy explanations, Ripple's Chief Technology Officer, David Schwartz, has delivered a masterclass in brevity and clarity. In a stunning one-minute video, Schwartz illuminated the concept of tokenization, leaving the XRP community both impressed and enlightened. 🌟
"If someone can’t explain something in 60 seconds, they probably don’t understand it," Schwartz asserted confidently in Ripple's engaging "Crypto In One Minute" series. This series aims to break down intricate crypto concepts into digestible, one-minute segments, making the blockchain world accessible to all.
In this particular clip, Schwartz demonstrated how tokenization can revolutionize asset management by enhancing efficiency. Tokenization involves converting rights to an asset into a digital token on a blockchain. This can apply to a wide range of assets, from real estate and art to stocks and intellectual property. By tokenizing assets, the process of ownership and transfer becomes more streamlined and secure, reducing associated risks.
The XRP community's response to Schwartz's explanation has been overwhelmingly positive. Many have praised his deep understanding of blockchain technology and his ability to communicate it succinctly. The clarity and impact of his one-minute breakdown resonated deeply, sparking conversations across the crypto space. 🚀
Schwartz's elucidation of tokenization has not only simplified a complex idea but also generated excitement about the future. As interest in tokenization grows, the XRP community is buzzing with optimism about Ripple's potential to lead in this transformative area.
Ripple's Advancements in Tokenization
In February 2024, Ripple announced a significant collaboration with Zoniqx (formerly Tassets), a trailblazer in digital asset management. This partnership aims to streamline the tokenization process for real-world assets on the XRP Ledger (XRPL). 🔗
Leveraging the robust infrastructure of XRPL, this collaboration integrates Zoniqx's Tokenization Platform as a Service (TPaaS) and Tokenization Life Cycle Management (TALM) solutions. This strategic move is set to enhance the efficiency and scalability of asset tokenization, paving the way for broader adoption and innovative applications.
As Ripple continues to push the boundaries of blockchain technology, the crypto community eagerly anticipates the new possibilities that tokenization will bring. With leaders like David Schwartz at the helm, Ripple is well-positioned to transform the landscape of digital asset management, driving forward the future of finance. 🌐
The journey of tokenization is just beginning, and with Ripple at the forefront, the potential for growth and innovation is limitless. The XRP community stands ready to embrace these advancements, excited about the transformative impact that lies ahead.

Prepare for Impact: Market Expert Warns of Major Crypto Disaster Ahead 🚨
Trending Now
Veteran crypto trader Peter Brandt has sounded the alarm, warning the crypto community that the biggest disaster in the industry is yet to come. Brandt's bold prediction links this impending catastrophe to cryptocurrency staking and the individuals involved in it.
Staking: Crypto’s Greatest Threat? 😱
In a tweet on May 24, Brandt labeled crypto staking as one of the biggest threats to the digital currency space. According to him, staking could trigger a significant decline in the market’s reputation, leading to financial losses for many traders.
For those new to the concept, staking is a popular practice where crypto assets are locked for a certain period to support the blockchain. This allows token holders to participate as validators and earn staking rewards.
Potential Financial Pitfalls 💸
Brandt cautioned that crypto enthusiasts and traders involved in staking should be wary, as it could lead to bankruptcy and loss of fortunes. He believes staking might bring shocking events that could devastate the space.
In a follow-up post, Brandt detailed a series of potential negative impacts related to staking. He explained that staking often involves owning, borrowing, or leveraging assets like Solana and Ethereum, which are usually lent out to earn revenue, often in the form of interest.
Increased Scrutiny and Regulation 🔍
As staking becomes more widespread, it could attract the attention of central banks, government treasuries, and other authorities. Brandt warns that this attention might lead to increased scrutiny and regulation of the staking process.
New regulations could fundamentally change the industry, possibly leading to the end of staking as we know it. The introduction of these regulations would have a detrimental effect on the crypto space.
Crypto Community Reacts 🗣️
Before making his controversial statement about crypto staking, Brandt acknowledged that his opinions might not sit well with supporters of popular digital assets like Ethereum and Solana.
As predicted, many community members dismissed Brandt’s warning. One crypto member criticized him, arguing that Brandt was uninformed about staking processes and overstating the impacts by claiming it would result in a disaster.
Another member clarified that staking involves using coins or tokens to verify and secure the blockchain's consensus mechanism, disputing Brandt’s definition.
Centralized vs. Self Custody Staking 🔑
Crypto community member Tony Edward pointed out that the risks in staking are primarily associated with Centralized Exchanges (CEX), not with self-custody staking.
Despite the mixed reactions, Brandt's warning serves as a reminder for the community to stay vigilant and informed about the practices and potential risks involved in the ever-evolving crypto landscape.
Featured image from Pexels, chart from TradingView. Source: NewsBTC.com.

Mt. Gox Shakes the Crypto World with a Massive Bitcoin Transfer#MtGox #Write2Earn! #Writetoearn #bitcoin☀️
In a surprising twist, the defunct Bitcoin exchange Mt. Gox has made headlines again by transferring a staggering $7.2 billion in Bitcoin, leaving the crypto world on edge. This unexpected move comes amid the ongoing creditor repayment process, sparking intense discussions and speculation within the community.
As of now, Bitcoin is trading at a daily loss of 1.53% and a weekly decline of 4.87%, adding to the tension in the market. The renowned blockchain tracker, Whale Alert, reported that on the morning of May 28, cryptocurrency wallets controlled by Mt. Gox transferred approximately 107,547 BTC, equivalent to $7.2 billion, to an unknown wallet. This massive transfer has raised numerous questions and concerns.
Whale Alert’s initial report detailed a transfer of 3,999 Bitcoins, worth roughly $277 million, from Mt. Gox to an unknown wallet. This movement has piqued the interest of the crypto community, especially considering Mt. Gox’s ongoing efforts to reimburse creditors affected by its 2014 collapse. For those unfamiliar with the history, Mt. Gox was a Japan-based crypto exchange that was once the largest Bitcoin trading platform in the world. It collapsed in 2014 after a major hack that affected over 24,000 customers, resulting in the loss of hundreds of millions of dollars in cryptocurrencies and cash.
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
3,999 #BTC (277,654,876 USD) transferred from #MtGox to unknown wallet
https://t.co/hIjDOB73kC
— Whale Alert (@whale_alert) May 28, 2024
The closure of Mt. Gox left many investors in a state of financial disarray. However, repayment procedures initiated in late 2023 via PayPal brought a ray of hope. Many clients received compensation in Japanese Yen, though the process has been slow and complex. According to an official letter from the Mt. Gox trust, efforts to repay creditors are ongoing, but the recent massive Bitcoin transfer has created uncertainty and raised concerns about the future stability of these repayments.
The crypto community is now watching closely, eager to see how this development will unfold and what it will mean for the broader market. The Mt. Gox saga continues to be a cautionary tale in the volatile world of cryptocurrency, reminding investors of the risks and unpredictability that come with this digital frontier.