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Showing posts from May, 2024

MoonBag Shines as the Best Crypto Presale in 2024 While Dogeverse and Popcat Deal with Challenges

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Would you consider investing all of your savings in a meme coin? The current change in public opinion on MoonBag meme coins indicates how things can instantly turn around for meme coins. However, once in a while, a new player enters the crypto world with the power to bring revolutionary changes.  The MoonBag crypto is the miracle meme coin enthusiasts have been waiting for. The new meme coin allows investors to bid farewell their financial worries for good.  Let’s learn more about Dogeverse and Popcat's shortcomings and see how MoonBag differs from them.  Questions About the Legitimacy of Dogeverse Leave Investors Confused Dogeverse is heading towards its official launch after gaining popularity during its presale. The biggest reason behind the popularity of the meme coin is its multichain capability. Due to Dogeverse launching on six chains simultaneously, the smooth transfer of funds across multiple blockchains will be possible.  However, various issues have become

Franklin Templeton proposes a 0.19% fee in its amended Spot Ethereum ETF S-1

Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to file amended S-1 forms by Friday. Franklin Templeton’s spot Bitcoin ETF also charges a 0.19% fee and currently manages $350M in assets. Franklin Templeton has filed its amended S-1 form for spot Ethereum ETF following SEC’s directive that all spot Ethereum ETF issuers should send in their amended S-1 forms by Friday. In the amended S-1, Franklin Templeton plans to charge a competitive 0.19% sponsor fee for the ETF, which is could be the lowest among its peers. Franklin Templeton success with crypto ETFs Franklin Templeton was among the eleven firms whose spot Bitcoin ETFs were approved by the SEC at the start of the year. The firm’s foray into the Ethereum ETF space is buoyed by the success of its spot Bitcoin ETF, which currently manages approximately $350 million in assets. This strong performance of the Bitcoin ETF underscores the

Trader Records 118,967% Return on a Solana Memecoin That’s Exploded Over 51x Year-to-Date: On-Chain Data

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One trader is seeing seven-figure profits on a Solana (SOL)-based memecoin that is up 51x year-to-date, according to on-chain data. Blockchain tracking firm Lookonchain notes that one trader purchased dogwifhat (WIF) in December 2023 and has racked up a 118,967% gain by making a series of strategic sales as the memecoin soared. “Every time WIF goes up, this 1,000x winner sells part of WIF for profit. He spent only $5,879 to buy 6.1 million WIF ($23.7 million currently) on December 8th, 2023 and then sold 4.7 million ($1.57 million) successively. He still has 1.4 million WIF left, worth $5.47 million. His profit on WIF is ~$7 million, a gain of 1,197x!” Source: Lookonchain/X On January 10th WIF was trading at $0.069 and is trading for $3.53 at time of writing, a gain of over 51x. Lookonchain also notes that one trader is sitting on six-figure unrealized profits after buying in the past two weeks nearly 119,000 MAGA (TRUMP), the memecoin inspired by former presid

Solana Price Prediction: As SOL Pumps 9%, VanEck Says It May 100X – And So May This Coin That’s Poised To Ride Bitcoin’s Bull Run

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The Solana price surged more than 9% to trade at $35.17 as of 8:30 am EST as investors grow confident that Solana may emerge as the leading Ethereum-killer in the next bull run. Analysts from VanEck, a respected global investment manager, added to the bullish sentiment around SOL, predicting that the cryptocurrency’s price could soar by 100x by 2030 in an Oct. 27 report. “Solana is vastly more capable than any of its legacy competitors regarding blockchain processing capabilities,” it said. “Parallel to this, but much more importantly, Solana has translated its pioneering spirit into an ecosystem philosophy of risk-taking and techno-optimism.” VanEck Analysts Anticipate Meteoric Rise for SOL VanEck analysts Matthew Sigel and Patrick Bush said that Solana’s founders have become pioneers in blockchain scaling through experimentation and applied science. They added that, “While other chains have chosen scaling paths that cleverly circumnavigate the limitations of distributed ledge

New liquid staking protocol for the Flare blockchain launches in private beta

Sceptre, a new liquid staking protocol for the ‘ blockchain of data’, Flare, has launch ed in private beta. Designed to maximize FLR yield, Sceptre will enable users to use their tokens in DeFi protocols while also continuing to claim native Flare rewards and monthly FlareDrops. The Sceptre protocol has been developed by Rome Blockchain Labs (RBL), who are simultaneously building the lending and borrowing platform Kinetic. The two protocols will function hand in hand to help maximize the functionality of the FLR token. Flare, which is billed as the blockchain for data, has three native reward mechanisms: Staking to infrastructure providers to support network consensus and security Delegating to the Flare Time Series Oracle to support the delivery of decentralized data to the network Receiving monthly FlareDrops for network participation. Hugo Philion, co-founder of Flare, welcomed Sceptre to the ecosystem: “The Flare tokenomics, and particularly the

Are Whales Sniffing Out A Deal? Ethereum Holdings Balloon To 30% – Details

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The past few months have seen Ethereum whales, the cryptocurrency world’s Goliaths, flexing their financial muscles. According to a recent report by Santiment, on-chain data reveals a surge in whale activity, possibly fueled by the green light for spot Ethereum exchange-traded funds (ETFs) from the US Securities and Exchange Commission (SEC). This heightened involvement from large investors adds an additional layer of intrigue to Ethereum’s bullish momentum, suggesting growing confidence and anticipation within the market. Related Reading Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout 20 hours ago A Whale Of A Time: Accumulation Anchors Ahead The SEC’s surprise approval on May 23rd of 19b-4 forms for ETF applications from heavyweights like BlackRock and Fidelity stirred the cryptoverse nest. This long-awa

5 Best Cheap Crypto to Buy Now Under 1 Cent May 29 – Gala, Pepe, Nervos Network, eCash 

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The crypto market experienced substantial fluctuations in May due to sentiment surrounding the Bitcoin Halving event and Ether ETF approval. BTC’s price has remained inconsistent for over a month. Consequently, investors may want to wait for a clearer signal indicating conviction among buyers to lead the post-halving rally. Investors are searching the market for the best cheap crypto trading below 1 cent as the bull run of 2024 takes off. A few cryptos have distinguished themselves among the numerous choices by prospecting for a significant upswing. Today’s Analysis highlights five cryptos under 1 cent that analysts could offer considerable returns. 5 Best Cheap Crypto to Buy Now Under 1 Cent Gala allows developers to create custom tokens, smart contracts, and node networks. The project facilitates the bridging of assets to other blockchains like Ethereum and Binance Smart Chain. Meanwhile, Cash experienced a surge of over 7% in the last 24 hours.  This article will explore the f

Dormant ‘Diamond’ Hand Shiba Inu Trader Prints 419X Gain After Holding for 3.5 Years: Lookonchain

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A long-time holder of Shiba Inu (SHIB) is looking at big profits after suddenly selling the memecoin, on-chain data shows. Blockchain tracking firm Lookonchain notices that one patient investor sold more than 48 billion SHIB for a 419x gain after holding onto the digital asset for more than three years. The investor first purchased the Dogecoin (DOGE) rival in February 2021 for $2,625 and just sold his holdings for $1.1 million, a gain of more than $1.09 million. “After being dormant for three and a half years, the super diamond trader finally sold SHIB at a profit. He spent two ETH ($2,625) to buy 48.09 billion SHIB on February 1st, 2021, and sold it for 278.7 ETH ($1.1 million) [on May 27th], a gain of 419x!” SHIB is trading for $0.00002569 at time of writing, up nearly 1% in the last 24 hours. Lookonchain also noticed that one savvy trader made a quick profit trading Ethereum (ETH) this month and he also made massive gains selling ETH in March after accumula

How Investors Could Have Turned COVID Chaos into Bitcoin Profits?

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In March 2020, as the world faced the economic challenges of the COVID-19 pandemic, the U.S. government provided stimulus checks to Americans. This was done to help them navigate any financial crisis that occurred during the time. Several recipients of the $1,200 payments considered various investment opportunities to enhance their financial future. Bitcoin was a popular choice considering its growth rate during the time. The $1,200 stimulus check, issued under the Coronavirus Aid, Relief and Economic Security [CARES] Act, aimed to offer financial relief to individuals and families. At that time, Bitcoin [BTC] was priced at around $5,201. Those who invested their stimulus money in Bitcoin have seen substantial returns on their investment. Also Read: Shiba Inu: How High Can SHIB Go If Bitcoin Hits $700,000 Bitcoin’s Meteoric Rise As of May 2024, Bitcoin has experienced significant growth in value. Recently, the asset has exhibited increased volatility, with prices rangi

Bullish Bitcoin: Expert Cites $123,832 Target Based On Past Trends

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Amidst positive sentiment surrounding the cryptocurrency market, well-known crypto analyst and enthusiast Crypto Con has offered a bullish overview of Bitcoin by identifying historical patterns that indicate that the price of BTC might rise to $123,832 in the upcoming months. By analyzing past market behavior and trends, the expert has discovered crucial indicators that suggest Bitcoin’s potential to outperform previous highs and reach unprecedented heights.  Most Accurate Bitcoin Price Bands Crypto Con’s Analysis delves into Bitcoin’s current behavior based on its price bands at several levels, particularly 3 levels, as shown in his chart. According to the analyst, level 3 is currently one of the most precise bands for the crypto asset, which is valued at $91,539. The expert noted that even with consolidation at level 2.5, the repercussions of this development are already becoming apparent. As a result, the major goal for BTC is reaching the level 3 price band.

Cilinix Crypto Reviews the Newest SOL Meme Coin with 10x Returns Potential – Should You Invest in $SEAL?

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Cilinix Crypto updates on Sealana (SEAL), which has attracted significant investment. Although the pace has slowed recently, it still has the potential to give investors 10x returns. He split his investment into two parts, buying half during the presale and planning to buy the other half after the launch. His plan is to sell the first half if there’s a rally at the start. After the expected pullback, he’ll buy the second half, hoping for another rally. He’s not sure if he’ll get a 10x return, but his personal strategy is useful for anyone thinking about this investment. In this video, it provides a comprehensive update on the project’s status, potential, and predictions. Sealana raises $3 million in presale The Solana-based project has amassed more than $3 million in its presale, leveraging the broader surge in meme coins subsequent to the approval of spot ETH ETFs. $SEAL tokens are currently available for $0.022 during the presale for those who haven’t yet invested. Sealana aims

XRP Bullish Outlook: Analyst Predicts Mega Run On The Horizon

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In a strikingly optimistic forecast amidst favorable market conditions, cryptocurrency analyst and trader Edrag Crypto, has provided a bullish review for XRP, predicting that a massive run for the digital asset could be on the horizon. The Analysis explores a confluence of positive market indicators and trends that demonstrates the potential for XRP to attract significant price surges and gains, positioning the coin as a promising asset in the ever-evolving world of cryptocurrency. Edrag Crypto’s bullish prediction for XRP is based on a Genuine Wake-Up line previously introduced by the expert, divided into two distinct sections, such as Break-out and Atlas Line. XRP Poised For Substantial Growth The analyst has expressed that while this wake-up line saw a successful breakout last year, it could not reach the heights antic