Altcoin News Daily Official TheBitTimes.com

DWF Labs is preparing to launch its synthetic stablecoin product, which is expected to arrive between late 2024 and early 2025. The upcoming stablecoin will offer investors appealing annual percentage yields (APYs), varying based on the specific asset type. Meanwhile, Render (RNDR) and Algorand (ALGO) have shown signs of reversing previous downtrends, indicating a potential bullish shift. RNDR, in particular, has seen an upward trend after breaking a significant downtrend line. Its price, now at $6.11, has experienced a notable rise, reflecting increased bullish sentiment among traders. In other developments, SUI, the native token of the Sui blockchain platform, has achieved a significant milestone by reaching over $900 million in total value locked (TVL). According to the Altcoin Buzz podcast, SUI has surged by 60% in the last month, pushing its price above $1.60. As such, tokens across several blockchains are witnessing price rallies. This article focuses on the top trending crypto...

Solana’s promising GambleFi token, Mega Dice ($DICE), has now raised over $1.7 million in its ICO as investors continue to support this established name in the online betting world. Mega Dice’s influence in crypto gaming is evident with its growing player base of over 50,000, who wager an average of over $50 million monthly. Its already utility-packed native token, $DICE, is currently in presale and recently gained an added feature: staking. This enhancement has likely been a key driver behind the influx of new investors with substantial capital purchasing $DICE lately. Therefore, in addition to unlocking lucrative rewards, cashback, and exclusive promotions, $DICE holders can now earn passive income as well. This is akin to becoming stakeholders of Mega Dice’s online casino business since the staking rewards are directly tied to the profits generated by the casino’s operations. Investors looking to join the trend and capitalize on...