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  • Is it time to buy more Memeinator tokens?

    Is it time to buy more Memeinator tokens?

    Key takeaways

    • Bitcoin is up by 3% in the last 24 hours and is now trading above $43k once again.

    • Memeinator is set to conclude the 13th stage of its presale and has raised nearly $4 million so far. 

    Bitcoin now trading above $43k

    The cryptocurrency market has been bearish over the last two weeks. However, the trend is changing and Bitcoin has recovered some of its lost value. Bitcoin is up by more than 3% in the last 24 hours and is now trading above the $43k level again.

    At press time, the price of Bitcoin stands at $43,365 per coin. Bitcoin’s positive performance has spread across the broader market, with the total cryptocurrency market cap now above $1.65 trillion.

    The rally comes as investors expect the US Federal Reserve to maintain its current interest rate. However, if the Fed is to reduce interest rates, BTC and other cryptocurrencies could rally higher in the short term. With the market looking promising, this might be a good opportunity for investors to buy more digital assets. 

    What is Memeinator?

    Investors who are interested in meme coins could look into Memeinator. It is a meme coin that could become a leader in the space. Memeinator is a meme project designed to help content creators generate better content. 

    According to their whitepaper, Memeinator seeks to uphold the culture of quality memes on the internet, ensuring that there is a higher level of quality content available to users. While the crypto space has thousands of meme coins available, only a few offer real-world utility to the users. Memeinator will be one of the few meme coins that offer value to their users and stakeholders. 

    Memeinator will leverage AI technology to identify worthless memes on the internet, allowing users to know them and steer clear of them. The Memeinator developers also have strategies in place that would enable Memeinator to reach $1 billion in market cap over the coming years. They have published a detailed roadmap that shows how Memeinator will reach the $1 billion market cap. 

    At the moment, Memeinator is still in its presale stage and has raised nearly $4 million so far. In the first presale stage, the MMTR was sold for $0.01 and will rise to $0.0485 by the end of the presale, giving early investors an astonishing 132% ROI at listing. 

    Memeinator’s presale raises over $3.9 million

    The Memeinator presale is growing and attracting more investors. It is currently in its 13th stage and has raised more than $3.9 million so far. 

    The native MMTR token can be purchased using three tokens, ETH, USDT, and USDC. According to the official website, the token is available to users on the Ethereum and BNChain blockchains. 

    Furthermore, MMTR can be purchased using a wide range of supported wallets. However, keep in mind that MMTR can only be purchased using ETH, USDT and USDC coins. 

    Click here to read more about the Memeinator presale.

    Why is the Memeinator presale selling rapidly?

    The Memeinator presale is selling fast thanks to the project’s unique proposition to the cryptocurrency space. If the development team rolls out its products and services, Memeinator could become one of the leading meme coins in the crypto space. 

    Its solutions could find massive utility amongst degens, crypto natives, and speculators. The team believes that Memeinator’s use cases go beyond the crypto space, as content creators could use its services to gain access to quality memes. 

    The Memeinator solution will combine AI and blockchain technology. Its AI solution will allow users to analyze and evaluate memes across the internet. This makes it possible to identify lower-quality memes and replace or destroy them. 

    Powered by MMTR, Memeinator is set to offer a wide range of incentives to the token holders. The token has deflationary mechanisms and rewards for holders. The team has also allocated 20% of the tokens for marketing, CEX listing and liquidity. 

    Will MMTR rally higher? 

    At the moment, MMTR is still in presale, which means it is highly unlikely to determine whether it will rally higher or not. However, Memeinator has massive potential and could become one of the leading meme coins in the coming years. The right level of adoption could see Memeinator’s market cap reach $1 billion over the coming years. 

    Leveraging AI and blockchain technology could see Memeinator take advantage of the growing popularity of these two technologies. Currently, its MMTR token is still in presale and could record a massive value increase once it gets listed on centralized and decentralized exchanges.

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  • Top crypto picks to buy at rising market before it’s too late

    Top crypto picks to buy at rising market before it’s too late

    • A new and promising crypto, ScapesMania, has witnessed impressive presale success.
    • Ethereum is poised for growth with potential regulatory advancements like an ETF while Solana is the 5th most-traded cryptocurrency, stable and growing.
    • Polygon is resilient and attracts investments, Dogecoin balances community projects amid market fluctuations, and Shiba Inu faces uncertainty due to whale transactions and a bearish outlook.

    The cryptocurrency market is currently experiencing a significant upswing, with Bitcoin (BTC) crossing the $42,000 mark, signaling a broader market recovery. This resurgence is not just limited to the flagship cryptocurrency but is also evident in the performance of other players.

    Today, we’ve put together our 6 top picks for investors looking to capitalize on the rising market before it’s too late: Ethereum (ETH), Solana (SOL), Polygon (MATIC), Dogecoin (DOGE), Shiba Inu (SHIB), and the emerging ScapesMania. These coins have the potential to yield significant returns and showcase substantial growth.

    Let’s take a closer look at each coin.

    Growth factors behind promising coins

    ScapesMania: features and vision

    ScapesMania is an innovative crypto project currently in the presale phase. Amidst the volatility experienced by larger cryptocurrencies, it offers a unique opportunity to diversify your portfolio. 

    Upon closer examination, ScapesMania reveals a range of appealing features. By embracing ScapesMania, crypto enthusiasts get a chance to engage with a unique ecosystem thriving within a multi-billion-dollar gaming industry. 

    Furthermore, ScapesMania has implemented mechanisms to keep holders actively involved and incentivized. By participating in DAO governance, backers have a say about ScapesMania’s future direction. Other notable perks for holders include up to $142 in bonuses for early adopters, token buyback and burn mechanisms, and staking rewards.

    As for safety, the project’s smart contract has undergone a thorough audit by leading security-ranking companies. ScapesMania is backed by an award-winning team that has secured a prestigious grant from a major player in the blockchain industry.

    Visit ScapesMania’s website for more information about its standout features.

    Ethereum: regulatory developments and market Impact

    Ethereum price chart

     

    Ethereum is currently experiencing a noteworthy development related to regulatory matters and market dynamics. The United States Securities and Exchange Commission (SEC) is actively engaged in discussions regarding a proposed rule change. 

    This change, if approved, would enable Fidelity Investments to offer shares of its spot Ethereum (ETH) exchange-traded fund (ETF). 

    Fidelity’s latest SEC filing outlines its ETF’s objective to monitor Ether’s performance using the Fidelity Ethereum Index. If approved, the ETF, trading as ETHF on the Cboe BZX Exchange, may mark a pivotal moment in Ethereum’s broader adoption.

    Solana: climbing the ranks in the crypto market

    Solana price chart

    Solana has recently achieved a significant milestone. As of now, it’s the 5th most-traded cryptocurrency in the world. This achievement indicates a rising trend in its adoption and a growing interest from traders and investors. 

    Furthermore, Solana’s blockchain has experienced positive developments. Among notable achievements are inclusion in Visa’s stablecoin trials, a rise in total value locked, and maintaining around nine months of continuous uptime. 

    These factors enhance Solana’s presence and credibility in the market. Ultimately, investors can expect an ongoing upward trend in SOL’s price performance.

    Polygon: navigating through market volatility

    Polygon price chart

    MATIC underwent a significant price correction recently, drawing considerable interest from prominent investors commonly known as “whales.” 

    Capitalizing on the dip in Polygon’s price, these large-scale investors seized the opportunity and injected a substantial $90 million into acquiring MATIC tokens. This influx of funds suggests a strategic move by major players in response to the recent price fluctuations in the Polygon market. 

    Major backers continue to play a pivotal role in shaping the asset’s value amidst dynamic market conditions in the Polygon ecosystem. So, keeping an eye on the movements of these whales remains crucial. 

    Dogecoin: aiming for the moon

    Dogecoin price chart

    The Dogecoin community has embarked on an ambitious mission to send a physical token to the moon, reflecting the coin’s playful and pioneering spirit. This endeavor coincides with a significant technical development in Dogecoin market behavior. 

    DOGE’s price recently broke out from a long-term descending resistance trend line, which had been in place for 900 days. 

    Furthermore, the number of total crypto wallets holding DOGE reaches 5 million. These dynamics indicate the growing adoption and increased user activity within the blossoming Dogecoin network.

    Shiba Inu: whale transactions and network developments

    Shiba inu price chart

    Shiba Inu recently underwent a substantial transaction involving the transfer of 300 billion SHIB tokens to an anonymous wallet. Notably, this transfer originated from the popular cryptocurrency exchange Binance. 

    The occurrence of this transaction has generated curiosity and speculation within the crypto community, driving investors’ interest in the token. However, it’s not the only growth factor behind Shiba Inu.

    Shiba Inu’s advancements, such as the launch of Shibarium, aim to enhance transaction efficiency and reduce costs. These developments can further increase SHIB’s appeal for decentralized finance use cases.

    Current state and prospects

    ScapesMania: ambitious future vision

    The ScapesMania presale unfolds in several rounds, with the current one presenting a substantial 70% discount on token purchases. This discounted entry point provides an attractive incentive for early adopters, offering potential ROIs of 400-500% as the post-listing price hits the $0.1 mark.

    Looking ahead, ScapesMania’s ambitious vision includes listings on major exchanges and continuous improvements. The team is on a mission to develop a unique niche concept not yet explored in crypto circles. This forward-thinking approach contributes to the outstanding presale figures, positioning ScapesMania as one of the potential long-term assets for crypto enthusiasts.

    With its visionary roadmap and current presale offerings, ScapesMania could be a worthy bet for those seeking a foothold in the crypto space. To dig deeper into ScapesMania’s proposition, visit its official website, Twitter account, and Telegram channel.

    Ethereum: potential impact of US ETF

    The prospect of an Ethereum ETF in the U.S. market could lead to increased institutional interest and investment in Ethereum. The anticipation of such developments could create a bullish sentiment among investors, potentially driving up the price of ETH.

    Crypto enthusiasts eagerly await SEC approval for ETFs, given the SEC’s historical reluctance, often citing market manipulation concerns. Optimists believe that ETFs holding major cryptocurrencies could significantly transform the market by facilitating mainstream investors’ entry into digital assets.

    The future of Ethereum looks promising with the potential approval of an ETF. However, the SEC’s history of caution in approving spot cryptocurrency ETFs suggests that the road ahead may not be smooth. 

    Solana: stable growth amid volatility

    The price situation of SOL is currently stable, showing signs of steady growth. The stability in its price, despite the volatile nature of the cryptocurrency market, is a positive sign for investors looking for a relatively less volatile asset.

    Looking ahead, the future of Solana appears bright, with its rising adoption and stable price situation. The increasing interest from traders and its position as one of the most-traded cryptocurrencies could lead to further growth in its value. 

    Solana’s price surged by approximately 550% this year, emphasizing its strong network. Given Solana’s remarkable performance and robust infrastructure, it holds the potential to extend its ascent.

    Polygon: resilience and whales’ interest

    The price of MATIC has shown resilience in the face of volatility. After a retracement from its peak, MATIC has managed to rebound from its recent lows, retaining a substantial portion of its monthly gains with an overall 20% increase within the evaluated period. 

    At the same time, Polygon is seeing a rise in the MATIC exchange reserve. This signal indicates increased net deposits possibly driven by profit-taking motives.

    The future of Polygon appears to be on a recovery path. The network’s heightened activity and continued interest from influential whales contribute to the optimism surrounding Polygon MATIC

    Dogecoin: fluctuations and bullish signals

    The price of Dogecoin DOGE has seen fluctuations since reaching a high of $0.087 on November 17. The decrease caused a deviation above the $0.082 horizontal resistance area. 

    The future of Dogecoin seems to be a blend of optimism and caution. The weekly timeframe suggests a bullish trend, while the daily timeframe indicates the potential for a retracement before a possible increase. 

    Considering the high levels of adoption and usage, the odds are certainly looking in favor of the bulls. Still, if DOGE manages to close above the $0.082 resistance area, it could signal a bullish takeover, potentially leading to a significant price increase. 

    Shiba Inu: a rebound potential

    The technical analysis of the SHIB price chart shows a descending triangle formation, with a recent break below the lower trendline, suggesting a bearish outlook. However, the price is hovering above a crucial support level, with the 50-day moving average potentially acting as a springboard for a rebound.

    The future of Shiba Inu is shrouded in uncertainty. If the wallet’s accumulation strategy positively influences market sentiment, we could see an upward price correction. However, the bearish indicators and unpredictability of large-scale transactions make it challenging to forecast SHIB’s prospects. 

    Investors are keenly anticipating Shiba Inu to surpass the $0.01 mark, aiming for the significant milestone of $1. Despite this optimistic outlook, reaching the price of $1 doesn’t look realistic. The Shibarium layer-2 network’s lack of burning trillions of SHIB adds complexity to the token’s growth.

    Bottom line

    In this dynamic phase of the cryptocurrency market, these six coins represent a blend of established reliability and exciting potential. Ethereum and Solana continue to demonstrate stability and growth, Polygon and Dogecoin offer a mix of stability and innovation, while Shiba Inu presents an opportunity for those willing to navigate its uncertain waters. 

    Meanwhile, ScapesMania emerges as a dark horse, offering potentially high returns and an opportunity to save big for early adopters. This affordability opens doors for investors with varying budget sizes to explore ScapesMania without significant financial commitments.

    Discover more details about ScapesMania on the official site.

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  • Should you buy more Memeinator tokens as Bitcoin slips below $37k?

    Should you buy more Memeinator tokens as Bitcoin slips below $37k?

    Key takeaways

    The cryptocurrency market has been bearish since the start of the week, with Bitcoin and other major cryptocurrencies trading in the red zone. However, the Memeinator presale has just hit a new milestone and is set to go higher. 

    Bitcoin and altcoins underperform

    Bitcoin and altcoins have been underperforming over the last few days. BTC has lost more than 1% of its value over the last 24 hours. At press time, the price of Bitcoin stands at $36,912 per coin. 

    Leading altcoins including Ether, BNB, Solana, ADA, DOGE, and TRX, have all lost more than 2% of their value over the last 24 hours.

    What is Memeinator?

    Memeinator is a Web3 project designed to help content creators generate better content. It intends to change how people view memes. The project intends to leverage the hype around meme coins by providing users with numerous use cases.

    According to their whitepaper, Memeinator’s job is to destroy worthless memes, ensuring that there is a higher level of quality content available to users. 

    The project differs from thousands of other meme tokens because it offers users real-world utility. Per the whitepaper, Memeinator will use AI  to identify worthless memes, allowing users to know them and steer clear of them.

    The goal is to ensure that Memeinator becomes a $1 billion market-cap crypto project, turning it into one of the biggest meme coin projects in the Web3 ecosystem. The development team has also published a detailed roadmap that shows how Memeinator will reach the $1 billion market cap. 

    The Memeinator presale is currently in its seventh stage and has raised more than $1.5 million so far. In the first presale stage, the MMTR was sold for $0.01, but it has been increased to $0.014 in the current stage. The price will rise to $0.0485 by the end of the presale, giving early investors a whopping 132% ROI at listing. 

    Memeinator’s presale will soon enter the eighth stage

    The Memeinator presale will round up its seventh stage over the next few hours or days. So far, the team has raised more than $1.51 million of its $1.8 million target in the current stage. 

    Its native MMTR token can be purchased using ETH, USDT and USDC stablecoins. At the moment, the token is available to users on the Ethereum and BNChain blockchains. 

    Purchasing the MMTR token is easy as it involves connecting any of the supported wallets to the Memeinator website and buying the tokens using ETH, USDT and USDC coins. 

    Click here to read more about the Memeinator presale.

    Why is the Memeinator presale growing so fast?

    The Memeinator presale is growing so fast thanks to the increasing interest from investors. The project offers real-world utility to users and its MMTR token will power several activities on the platform. 

    Thanks to its utilities, Memeinator could gain massive adoption from degens, crypto natives, and speculators. The team believes that Memeinator’s use cases go beyond the crypto space, as content creators could use its services to gain access to quality memes. 

    Memeinator will take advantage of its AI technology to analyse and evaluate memes across the internet, identifying lower-quality memes to replace or destroy them. 

    MMTR holders will enjoy numerous incentives thanks to the token’s excellent features. The token has deflationary mechanisms and rewards for holders. Furthermore, the Memeinator team has allocated 20% of the tokens for marketing, CEX listing and liquidity. 

    Is the Memeinator a good project for investors? 

    Memeinator could become one of the biggest winners in the bull market if the project gains the right level of adoption. 

    This project will be leveraging AI and blockchain technology to provide excellent value to investors over the coming months and years. With the right level of adoption and the goal to reach a billion-dollar market cap, early investors would be the biggest winners.

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  • Memeinator vs. Sushi price prediction: Buy MMTR or SUSHI?

    Memeinator vs. Sushi price prediction: Buy MMTR or SUSHI?

    • Sushi price is near the key support level of $0.50 while Memeinator is set to jump to $0.0118.
    • But what’s the price prediction for SUSHI and MMTR?
    • What makes Memeinator stand out among meme coins?

    Sushi is a top DeFi protocol, whose governance token SUSHI reached a high of $23.38 in May 2021. Memeinator on the other hand is a new meme cryptocurrency that recently launched its presale. The project’s approach in the quest to disrupt the meme world is attracting enthusiasts, with over $680k raised just days after it went live.

    But what’s the outlook for these two projects? Let’s dive in for more.

    What is Memeinator?

    Memeinator is the “Terminator” of the crypto meme world. It comes with a mission – marshalled from the future of memesphere to bring order and clarity to the market by taking down weak meme tokens. To achieve this mission, the Memeinator has tapped into artificial intelligence to create a Memescanner that will identify and bring into view worthless memes for judgement. A target of $1 billion market cap means many will fall.

    This is expected to start after the final presale stage, with the roadmap including the launch of the Meme Warfare game. Expanding on meme utility in this way adds to the unique value proposition of Memeinator that has the crypto community excited and looking to make an early kill via the presale.

    Other than the game, other enticing aspects of the Memeinator that add to MMTR’s utility is the support for staking and NFTs. There’s more in an advertised $250k Virgin Galactic trip to space, more of which can be gleaned from the presale page and via the project’s social media channels.

    What is Sushi?

    SushiSwap is a community-driven DeFi protocol that offers opportunities such as yield farming, staking and liquidity providing. It’s an automated market maker (AMM) powered by smart contracts.

    The project was announced in September of 2020, with the native governance token SUSHI giving holders the right to vote on ecosystem initiatives. Holders also earn from the fees collected.

    Sushi price prediction

    SUSHI traded to lows of $0.47 in 2020 before skyrocketing during the last bull market to break above $23 in May 2021. However, it’s edged lower amid the crypto winter and has lost 97% of that value given the current price. Negative sentiment remains, but if bulls hold the long-term support zone at $0.50, a rebound to $1 might signal fresh momentum.

    With several innovative products, SushiSwap has become one of the key DeFi platforms in the market. As part of the latest development plans, the Sushi team has organised an AMA on X. The event is scheduled for October 16 at 10 pm UTC and will feature Origin DeFi, Boba Network, PopcornDAO, and others in a discussion centred on continued building even as the bear market drags.

    Memeinator price prediction

    Memeinator will be in presale for 29 stages, a period that will see the price of MMTR rise to $0.049. Currently, the token sale is at $0.0112 with the presale at stage three. Over $687k has been raised so far and with the price set to jump to $0.0118 at the next stage, gem hunters might yet get this at what looks like a mighty bargain. If the token launches as expected during the next bull market, it could target $1 in 2024.

    Why Memeinator?

    While Sushi remains one of the altcoins to watch in the market, the potential for far more gains starting from the presale suggests Memeinator could be a stand out buy between these two.

    The Memeinator is quickly progressing through its initial development phase, with a strong community set to grow with the launch of MMTR across the market in phase two of the project. That will also include partnerships, staking and NFTs launch, with weaker meme tokens annihilated as MMTR targets the $1 billion market cap. The roadmap lists this as phase three of the project.

    Learn more here.

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  • Should Investors Buy More Shiba Memu Tokens

    Should Investors Buy More Shiba Memu Tokens

    TL;DR

    The cryptocurrency market has been bearish over the weekend. The prices of Bitcoin and other cryptocurrencies are in the red zone as sellers continue to be in firm control of the market.

    However, Shiba Memu’s presale continues to break records and has now surpassed the $3.2 million mark. 

    Bitcoin drops to the $26k level

    Bitcoin, the world’s leading cryptocurrency by market cap, has been underperforming over the last few hours. It has lost more than 1% of its value today, with the bears in control of the market. At press time, the price of Bitcoin stands at $26,161 per coin. 

    The other leading cryptocurrencies, including ETH, SOL, SHIB, and XRP, are all trading in the red zone. The decline in prices could serve as an opportunity for investors to invest in more projects. 

    The bearish sentiment hasn’t affected Shiba Memu’s presale as it hit a new milestone. This presale round has now generated more than $3 million. 

    What is Shiba Memu?

    Shiba Memu is a meme token project that wants to ease the way people and organisations handle marketing campaigns. The project is leveraging the powers of blockchain and AI technologies to offer real-world value to users. 

    While the project is still in its presale stage, investors have already pledged millions of dollars to the development of its products. At the moment, the Shiba Memu stage two presale has raised more than $3 million. 

    According to their whitepaper, Shiba Memu will use blockchain and AI to develop an unstoppable, entirely self-sufficient marketing powerhouse. The platform can handle the work of 100 marketing agencies with the help of AI. 

    Users who deploy Shiba Memu will have the platform working 24/7 for them to identify ideal creative scenarios and develop excellent marketing campaigns. 

    Shiba Memu is launching as a meme project thanks to the rise in the popularity of meme tokens in recent years. Meme coins have become important in the crypto industry, growing from a market cap of $0 in 2019 to $20 billion in 2022. 

    Shiba Memu will be a step above most meme projects as it will offer users real-world use cases. Shiba Memu will be able to develop its own marketing strategies, write its own PR, and promote itself in relevant forums and various social media platforms.   At the moment, Shiba Memu operates on BNBChain and Ethereum.

    Shiba Memu’s presale surpasses $3 million

    The crypto market has been bearish over the weekend, but that hasn’t stopped investors from seeking out quality projects. Shiba Memu’s stage two presale recently hit an important milestone. The project has raised $3.2 million in this current presale round and could reach its target very soon. 

    Funds generated from the numerous presale rounds would be used to develop the Shiba Memu products. Most of the funds would be allocated to the development of the Shiba Memu AI technology. 

    Click here to find out more about Shiba Memu’s presale event. 

    Should you invest in Shiba Memu today?

    The cryptocurrency market began the week in a bearish mode, and this has created investment opportunities for investors. As investors continue to search for excellent projects, Shiba Memu could be an excellent choice. 

    Shiba Memu will be combining the powers of AI and blockchain technologies to develop an excellent marketing platform. The platform will look to ease marketing strategies for companies and organisations. 

    Shiba Memu’s SHMU token could be a leading meme token with the right level of adoption. 

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  • The 5 best crypto to buy now for under $5

    The 5 best crypto to buy now for under $5

    In the ever-evolving world of cryptocurrencies, hidden gems often shine the brightest. Today, we dive into the realm of crypto gems, those digital assets priced under $5 that have the potential to make a significant impact in 2023.

    Among the finds, we’ll explore Borroe.Finance ($ROE) is a standout candidate for the best crypto investment opportunities, making it essential not to overlook.

    Amidst the search for a good crypto to buy, Borroe.Finance ($ROE) stands out as a beacon of innovation. Priced at a mere $0.0125 per token, Borroe.Finance has swiftly gained recognition through its ongoing presale event. 

    This project boasts an extraordinary concept of an advanced AI-powered funding marketplace that empowers content creators and Web3 participants to access immediate cash by trading their future earnings. The unique model encompasses various income streams, including subscriptions, invoices, royalties, etc.

    LunaX (LX)

    LunaX has emerged as a promising cryptocurrency, represented by the LX token. Its primary objective? To revolutionize cross-border payments. The crypto world has witnessed LunaX’s low transaction fees and lightning-fast processing times, challenging conventional banking systems and remittance services. 

    With the continued growth of global commerce, LunaX positions itself as a formidable player, facilitating secure and efficient international transactions. Indeed, LunaX stands as one of the top crypto coins to watch in 2023.

    Solis (SOLI) is a blockchain platform with a noble focus — sustainability and environmental responsibility. By employing a Proof of Stake (PoS) consensus mechanism, Solis minimizes energy consumption, making it an eco-friendly choice in the crypto space. 

    Given the rising concerns about the environmental impact of cryptocurrencies, Solis has garnered attention from environmentally conscious investors. Its potential for substantial growth in 2023 is notable, driven by its eco-friendly approach.

    ThetaEdge (TED)

    ThetaEdge (TED) serves as the native token of the ThetaEdge network, a decentralized edge computing platform. Edge computing is rapidly gaining traction due to its ability to enhance the speed and efficiency of data processing, a critical component for emerging technologies like IoT and AI. 

    As the demand for effective edge computing solutions continues to soar, ThetaEdge’s TED token stands poised for increased adoption and potential value appreciation throughout 2023.

    MetaverseCoin (META)

    MetaverseCoin (META) is among the best metaverse coins. It spearheads the metaverse revolution, powering transactions within virtual worlds. This cryptocurrency empowers users to acquire virtual assets and experiences within these immersive digital realms. 

    The metaverse concept is gaining immense popularity across various sectors, including gaming, entertainment, and even business. In light of this, META exhibits undeniable potential for explosive growth in 2023, serving as a gateway to the future’s immersive digital landscapes.

    Best crypto investment opportunities 

    As we explore the world of crypto gems, LunaX, Solis, ThetaEdge, and MetaverseCoin shine as tokens with untapped potential. These digital assets, priced under $5, offer unique value propositions and are well-poised for growth in 2023. 

    Alongside them, Borroe.Finance emerges as a groundbreaking project that should not be overlooked. In the fast-paced crypto landscape, the quest for the best crypto to buy today for long-term gains takes us on a journey filled with hidden treasures and innovative opportunities.

    For investors actively seeking the best cheap crypto investment opportunities, Borroe.Finance’s presale offers an enticing proposition. With over 90 million $ROE tokens, each priced at just $0.0125, this presale provides an attractive entry point into the crypto market. 

    In a realm known for rapid changes and market unpredictability, staying informed and vigilant is essential. Timing often plays a pivotal role in the crypto success and Borroe.Finance ($ROE) has positioned itself as a compelling prospect for savvy investors who recognize the potential of its innovative funding marketplace.

    To learn more about Borroe.Finance ($ROE) visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe on Twitter

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  • Should you buy Block stock on a boost to bitcoin revenue in Q1?

    Should you buy Block stock on a boost to bitcoin revenue in Q1?

    buy block stock bitcoin revenue q1
    • Block didn’t see an impairment loss on its bitcoin holdings in Q1.
    • Analysts at KeyBanc continue to see upside in its shares to $85.
    • Block stock is currently down about 5.0% versus the start of 2023.

    Block Inc says it did not see an impairment loss related to its bitcoin hoard in the first financial quarter. Shares are trading up in extended hours.

    Bitcoin price recovery helped

    The surge in BTC this year pushed the fintech company’s bitcoin revenue in Q1 to $2.16 billion – up 18% sequentially and a whopping 25% versus the same quarter last year.

    Gross profit from bitcoin holdings also increased 43% versus the previous quarter, as per its letter to shareholders. Block generated $770 million of total gross profit in its recently concluded quarter – up 16% on a year-over-year basis.

    The fair value of its position in bitcoin was $229 million as of March 31st versus the original purchase price of $220 million.

    Year-to-date, Block stock is down about 5.0% at writing.

    Should you buy Block stock now?

    Block ended the quarter with 20 million monthly active users on “Cash Card” – up 34%. Earlier this week, K33 analyst Vetle Lunde noted the similarity in how bitcoin is performing this year and how it recovered after the bear market of 2018-2019.

    If it continued on the same trajectory, he added, bitcoin could be worth as much as $45,000 in the coming weeks which could be a significant benefit to Block Inc both in terms of its financial performance as well as the share price.

    Those interested in buying Block stock today should also know that analysts at KeyBanc continue to see upside in it to $85 – up roughly 40% from here.

    Other notable bulls of the financial technology company include Cathie Wood – the Founder and Chief Executive of Ark Invest.

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  • Riot Platforms stock has moved to a bear market: buy the dip?

    Riot Platforms stock has moved to a bear market: buy the dip?

    Riot Platforms (NASDAQ: RIOT) stock price has drifted downwards in the past few days as Bitcoin and other cryptocurrencies retreated. The shares retreated to a low of $11.48 in the pre-market session. This means that the stock has dropped by more than 20% from the year-to-date high, meaning that it has moved to a bear market.

    Is it safe to buy the dip?

    Riot Blockchain is one of the biggest Bitcoin mining companies in the world. It competes with the likes of Argo Blockchain and Marathon Digital among others. Therefore, as in the other mining industry, these companies have a close correlation with the price of the underlying asset.

    This explains why the Riot Platforms stock price has jumped sharply this year. Between the lowest point in 2022 and the year-to-date high, RIOT shares were up by more than 338%, making it one of the best-performing stocks in the market.

    Therefore, to predict whether the Riot Blockchain stock price will bounce back, we need to understand why Bitcoin is falling and whether it will bounce back soon. As I wrote in this article, the main reason for the crash is that bullish liquidations have jumped in the past two days.

    Liquidations happen when brokers and exchanges forcefully close positions of leveraged positions. Therefore, this usually puts prices under pressure.

    Another reason why this happened is that Bitcoin recently rose above the key resistance level at $30,000. Historically, cryptocurrencies tend to be a bit volatile when they move above or below a key support or resistance level. 

    The other reason is that several regional banks, including Western Alliance Bancorp, published strong results. Its inflows rose by more than $3 billion. As such, the risks of a banking crisis seens like they have been minimized. In a note, analysts at Bernstein said:

    “Any potential dislocation, whether on the bank’s credit side, or on the sovereign side …positions bitcoin perfectly as a safe-haven asset alongside gold.”

    Therefore, there is a likelihood that Bitcoin price will bounce back in the coming months as the Fed starts to pivot.

    Riot Platforms stock price forecast

    The daily chart shows that the RIOT share price formed a shooting star pattern on Wednesday. In technical analysis, this pattern is usually a bearish sign. The stock has jumped by more than 25-day and 50-day exponential moving averages. 

    It remains slightly above the key support level at $10.53, the highest level on 11th August. Therefore, I suspect that the shares will drop to the key support at $10.53. The stock will then resume the bullish trend as buyers target the year-to-date high of $14.51.

    How to buy Bitcoin

    eToro

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  • MicroStrategy repays Silvergate Bank loan, buy 6,455 BTC

    MicroStrategy repays Silvergate Bank loan, buy 6,455 BTC

    • MicroStrategy founder Michael Saylor announced the company had repaid the $205 million loan at a 22% discount.
    • The company also bought 6,455 bitcoins worth $150 million.
    • Saylor’s company currently holds more than 138,900 bitcoins.

    MicroStrategy, the world’s largest corporate holder of Bitcoin, has revealed it recently purchased more BTC. 

    The business intelligence company, founded by Bitcoin bull Michael Saylor, also announced on Monday that it had repaid the loan to the failed crypto-friendly bank Silvergate Bank.

    MicroStrategy repays $250 million loan, buys 6,455 BTC

    Saylor, referencing his company’s latest SEC filing, said that MicroStrategy has now fully repaid the $205 million loan it borrowed from Silvergate in March 2022. The company reportedly cleared the loan principal with a 22% discount, with Friday’s payoff seeing MicroStrategy clear the collateralized loan at $160 million.

    As a result, the company recouped its 34,619 BTC that had been pledged as collateral.

    MicroStrategy also confirmed the purchase of 6,455 BTC, acquired for a total of $150 million and at an average $23,238 a coin. Saylor’s bitcoin strategy now includes a total Bitcoin haul of 138,955 BTC since the company’s first move in 2020. 

    So far, the total BTC holdings have been acquired at a cost of $4.1 billion, with each bitcoin purchased at the average price of $29,817.

    Bitcoin currently trades around $27,809 while MicroStrategy shares closed at $256.67 on Friday and were 0.07% down at 9.10 am ET ahead of US markets opening on Monday.

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  • SHIBCAT ON A DIP SHOULD YOU BUY

    SHIBCAT ON A DIP SHOULD YOU BUY

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