bitcoinlfg

Tag: soars

  • Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

    Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

    Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch
    • Notcoin price surges 33.42%, reaching $0.006884 after community votes favor it over Bitcoin.
    • New NOT airdrop and earning missions boost user engagement and investment interest.
    • Notcoin (NOT) is currently on its way back to its Binance listing price

    Notcoin (NOT) price has seen a remarkable surge in its price, climbing by over 33.42% in the past 24 hours to reach $0.006884.

    This surge has catapulted Notcoin’s market cap to over $707 million, reflecting a 33.38% increase and placing it at number 114 in cryptocurrency market cap ranking.

    The NOT price spike follows a favorable community vote where Notcoin was overwhelmingly preferred over Bitcoin, capturing 86.2% of the 29,711 votes cast in a recent social media poll.

    Comparing Notcoin and Bitcoin

    Notcoin’s development team has been making strategic marketing moves by the team behind the project. The team has drawn comparisons with Bitcoin, highlighting Notcoin’s limited supply, wide distribution, and relative affordability.

    They pointed out that the last time Bitcoin had a market cap of around $0.5 billion in 2013, its price was approximately $100. This historical perspective aims to underscore Notcoin’s growth potential.

    The NOT Airdrop

    Adding to the excitement, Notcoin announced the launch of NOT Airdrop Phase 1 on May 26, 2024. Users can connect their wallets to check their airdrop allocation, adding another layer of engagement and incentive for the community.

    This announcement has likely fueled the recent trading frenzy, with 24-hour trading volume soaring by 217.43% to $544.8 million, positioning Notcoin at number 20 in trading volume.

    Notcoin’s passive earning feature

    Notcoin has also introduced “earning missions,” a new feature that allows users to earn NOT tokens passively by engaging with various partner projects and communities.

    Under this feature, users can increase their rewards by staking NOT, with higher levels like Platinum offering the most substantial returns.

    In closing, Notcoin team’s comparison to Bitcoin, coupled with active community engagement through polls, airdrops, and innovative earning mechanisms, has created a perfect storm of interest and investment.

    Share this article
    Categories
    Tags

    Source link

  • Fetch.ai (FET) regains momentum and InQubeta (QUBE) hits $11.3M in presale as AI interest soars

    Fetch.ai (FET) regains momentum and InQubeta (QUBE) hits $11.3M in presale as AI interest soars

    The crypto scene is abuzz following Bitcoin’s (BTC) new all-time high (ATH). This feat was achieved three years after the last Bull Run in 2021. Signaling the start of another bull run—for those still bearish—investor interest has been reignited, with 2024 set to be the year for the bulls.

    At the same time, Fetch.ai (FET), an AI-inspired altcoin, regains momentum after a period of decline. Sharing the spotlight and riding the AI wave is InQubeta (QUBE), a new and emerging AI altcoin. The massive interest in AI has seen it blast past $11.3 million in presale, and could position it for even bigger gains after its market debut.

    InQubeta (QUBE): riding the AI wave

    InQubeta (QUBE) is an emerging crypto riding the bullish AI wave, with some analysts suggesting it could be among the best new crypto to invest in right now. As an AI altcoin, it will address key challenges within the fast-rising AI sector, particularly when it comes to transforming the fundraising landscape and making the market accessible to investors.

    Its value proposition revolves around building the first-ever crypto-based crowdfunding platform for AI tech startups. Fundraising activities will be seamless via its novel approach, as startups simply need to mint investment opportunities as NFTs, which will be divided into bits and fractionally offered to investors.

    In the eighth stage of the ICO, a token costs only $0.0245. As an emerging AI coin with potential, some experts are predicting a 55x rally after its launch, which is why a number of analysts have marked it as a recommended presale crypto.

    Bitcoin (BTC): price discovery begins after new ATH

    Bitcoin (BTC) sent ripples of excitement across the crypto scene after flipping the previous all-time high (ATH) and creating a new peak. Last week it hit $69,000 for the first time, and that has been followed by a new ATH above $71,000 this week, sparking fervor within the crypto scene. With investors aiming to ride along as it goes on price discovery, BTC is undoubtedly one of the best cryptos to buy now.

    The approval of spot Bitcoin ETFs by the US SEC in January—after a decade-long wait—played a big role in the latest BTC feat. Following the emergence of Bitcoin on Wall Street, investing in BTC ETFs has become the latest trend, resulting in the leading digital asset soaring.

    The good news is that the price could still have further to climb, especially considering the upcoming halving. This event historically coincides with a significant uptick in the price of Bitcoin. Hence, BTC is among the best cryptos to invest in at the moment.

    Fetch.ai (FET): momentum intensifies amid bulls resurgence

    Fetch.ai (FET) is a subject of much interest in the crypto space. As an AI altcoin, it has experienced huge interest, with investors positioning themselves to ride the AI wave. More importantly, it plays a key role in democratizing access to AI technology, making it poised for massive adoption and explosive growth.

    Despite the buzz around DYM, Pixels, and Starknet, the AI narrative has remained in the spotlight, which Fetch.ai has been basking in. It reached a new ATH earlier this week, with sights set on further upsides. This makes it a promising wave not to miss out on and potentially one of the best coins to invest in right now. 

    According to analysts, Fetch.ai could hit $10 before the end of 2024—a potential bull market. Hence, to better position yourself for significant gains and avoid FOMO (fear of missing out) later on, it might be worth adding FET to your portfolio now.

    Conclusion

    The crypto market is abuzz, and investor interest has been renewed following Bitcoin’s new ATH. At the same time, Fetch.ai has regained momentum, recently creating a peak. 

    Sharing the spotlight is InQubeta, which is exploding in its presale, you can ape into the presale ahead of its launch by visiting the InQubeta Presale or joining the InQubeta Communities for updates.

    Share this article
    Categories
    Tags

    Source link

  • SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives

    SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives

    • Shiba Inu has removed over 260 million tokens in the past 24 hours.
    • PEPE Coin’s market cap approaches $500 million.
    • Memeinator’s MMTR token presale gains traction, featuring regular price increases.

    There have been significant developments in the world of meme coins with Shiba Inu (SHIB) witnessing a remarkable surge in burn rate, PEPE Market Cap approaching $500 million, and Memeinator’s MMTR token gaining momentum during its presale.

    In this article, we delve into the latest occurrences surrounding Shiba Inu (SHIB), PEPE Coin, and the Memeinator (MMTR) token.

    SHIB burn rate skyrockets by 20,000%

    The Shiba Inu (SHIB) community is abuzz with the recent surge in token burn rate. According to data on the Shibburn website, SHIB’s burn rate skyrocketed by a staggering 20,000%, resulting in the removal of over 260 million tokens in the past 24 hours.

    This record-breaking burn rate, unseen in the last two months, underscores the commitment to reducing the token supply.

    However, despite the remarkable burn rate, SHIB’s price has yet to reflect substantial gains, currently consolidating with a 5% decrease on a weekly basis.

    PEPE market cap approaches $500 Million

    In a separate development, Pepe Coin (PEPE) has surged back into the limelight, with its market cap approaching a formidable $500 million. Following a downtrend, PEPE witnessed a remarkable revival in October 2023, doubling its market capitalization. At press time, the meme coin’s market cap was $458,176,826 according to data from Coinmarketcap.

    The coin’s unique features, including a deflationary mechanism and redistribution system, contribute to its appeal.

    As PEPE continues to attract attention, experts speculate on potential future price increases, with the advancement of the Shibarium layer-2 blockchain solution considered a key factor.

    Memeinator MMTR token presale thrives

    Meanwhile, the Memeinator project is making waves with its MMTR token presale. Leveraging cutting-edge technology, AI insights, and a mission to eliminate subpar memes, Memeinator aims to be the ultimate meme coin.

    During its presale, MMTR token prices are experiencing regular increases every few hours, contributing to the token’s momentum. The project also introduces innovative products like the Memescanner and the Memeinator game, adding utility beyond the meme trading space.

    For those eager to participate in the Memeinator MMTR token presale, the process is straightforward; connect your wallet, select a payment method from available networks, such as Ethereum or Binance Smart Chain, or use a card for payment, and buy your MMTR.

    Those who purchase the MMTR tokens during the presale can claim their tokens at the end of the presale using the same wallet used for the purchase. Details for the collection will be communicated closer to the end of the presale in Q4 2023.

    Adding to the rising MMTR price, Memeinator regularly runs competitions that are open to anyone, including flagship competitions for MMTR token holders. For more information about Memeinator and its presale, visit the official website here.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin soars as SEC allows first leveraged Bitcoin Futures ETF

    Bitcoin soars as SEC allows first leveraged Bitcoin Futures ETF

    • Bitcoin rose to above $31,450 on Friday, its highest level since June 2022.
    • BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX.
    • This is the first leveraged Bitcoin Futures ETF in the US and comes after this week’s BlackRock-fueled bullish sentiment for the crypto market.

    Bitcoin smashed past the $31,000 level on Friday afternoon as the market reacted to the latest news about the US market’s first leveraged Futures Bitcoin exchange traded fund (ETF).

    The upside pushed BTC price to highs of $31,458 on crypto exchange Bitstamp, with the flagship cryptocurrency’s price setting a new year-to-date high and its highest level since June 2022. BTC traded at $31,170 at the time of writing, about 4% higher in the past 24 hours but an impressive 87% up YTD.

    SEC approves first leveraged Futures Bitcoin ETF

    On Friday, June 23, the US market entered a new chapter in crypto investing when the first leveraged Bitcoin Futures ETF became effective. The Volatility Shares 2x Bitcoin Strategy ETF, or BITX, will begin trading on Tuesday 27 June and will allow its investors an exposure to Bitcoin with daily returns.

    Instead of investing directly in Bitcoin, BITX will “seek to benefit from increases in the price of Bitcoin Futures Contracts,” per details of the Fund in the prospectus filed with the SEC. The 2x Bitcoin Strategy ETF will align with the CME Bitcoin Futures Daily Roll Index.

    Bitcoin has led the market higher over the past week or so, riding on the bullish sentiment triggered by $9 trillion asset manager BlackRock’s filing for a spot Bitcoin ETF. BlackRock has a very high rate of success with ETF applications, the reason for the market’s optimism. 

    Analytics platform IntoTheBlock pointed out what a spot ETF would mean for Bitcoin adoption and price.

    Indeed, the asset manager’s filing paved way for a frenzy of spot ETF applications from several other Wall Street giants and global financial institutions. With BTC price in bullish momentum, its likely the market could see many more mega moves by smart money.

    Share this article
    Categories
    Tags



    Source link

  • Stacks (STX), Optimism (OP), Kaspa (KAS) rally as Bitcoin soars

    Stacks (STX), Optimism (OP), Kaspa (KAS) rally as Bitcoin soars

    • Stacks (STX) price was up 25% as Bitcoin (BTC) broke above $28k for the first time in weeks.
    • Optimism (OP) and Kaspa (KAS) also gained double-digits.
    • The tokens were outperforming major altcoins such as Ethereum, BNB and XRP.

    As Bitcoin (BTC) broke to highs above $28k on Tuesday, several altcoins took cue to post huge moves. 

    Top market cap coins like Ethereum (ETH), BNB (BNB), XRP (XRP) saw modest gains. However, a few stand out performers on the day included Stacks (STX), Optimism (OP) and Kaspa (KAS).

    Stacks price

    Stacks (STX) is outperforming peers today with a 25% price surge in the past 24 hours. The coin’s stellar performance has recently been down to the growing popularity of Bitcoin Ordinals. With Bitcoin-based NFTs on the rise, the demand for STX has increased.

    The token traded to highs of $0.76 on Tuesday, up from lows of $0.58. The all-time high for Stacks is $3.39, which was reached in December 2021.

    Optimism price

    Optimism (OP) price was up 18% at the time of writing. The price of the L2 blockchain hit $1.34 on Tuesday afternoon after trading at lows of $1.06 this week, with the gains coming on the back of the broader market’s bounce.

    However, there was another likely trigger for OP price – the launch of an Optimism-powered testnet on the BNB Chain. The opBNB testnet went live on Binance’s BNB Chain on Monday and saw the OP token begin to soar amid increased trading volumes. Optimism price hit its all-time high of $3.22 in February this year.

    Kaspa price

    Kaspa (KAS) also saw double digit gains on Tuesday to rank among the biggest gainers in the top 100 coins by market cap. With price up more than 11% on the day, KAS inched further into bulls’ territory with over 40% upward action in the past week. 

    KAS/USD was trading at $0.022 at the time of writing, which is about 46% off the coin’s all-time high of $0.043 reached in April this year.

    Recently, the Kaspa team announced a funding pool initiative that targeted eventual KAS listing on the cryptocurrency exchange Bitpanda. The L1 proof-of-work blockchain network implements the GHOST protocol, which has been cited in the whitepapers of Ethereum, Cardano and XRP.

    Share this article
    Categories
    Tags

    Source link

  • DOGECOIN | DOGE Price Soars Following Elon Musk’s Tweet

    DOGECOIN | DOGE Price Soars Following Elon Musk’s Tweet

    Source link

  • Magic (MAGIC/USD) token soars on positive news

    Magic (MAGIC/USD) token soars on positive news

    • The magic token has doubled in price in the past week

    • The cryptocurrency has been boosted by potential listing by Coinbase

    • MAGIC is under correction as the cryptocurrency approaches the $0.7 resistance

    Ever heard of the Magic (MAGIC/USD) token? With a market cap of $103.31 million, the cryptocurrency is among the lowly ranked at #230. However, buyers are camping for this minor token on positive cryptocurrency news. As of press time, the cryptocurrency was up 10%, but it has more than doubled in price since the start of the month.

    The gains in MAGIC happened after US crypto exchange Coinbase said that the cryptocurrency was on its listing roadmap. Other tokens on the Coinbase listing target are Rocket Pool (RPL) and Aragon (ANT). But what is MAGIC?

    MAGIC is the native token of Treasure DAO, a project seeking to become a decentralised video game console. The DAO targets games and non-fungible tokens. Among the DAO’s infrastructure is an NFT marketplace Trover and gaming platform Bridgeworld.

    MAGIC corrects slightly below the resistance of $0.7

    MAGIC/USD Chart by TradingView

    A technical outlook shows MAGIC facing resistance as the cryptocurrency approached a key resistance at $0.7. The momentum is still bullish, although MAGIC is overbought, with an RSI reading of $75.

    The 20-day moving average is shifting above the 50-day MA, in line with the bullish momentum. Both moving averages offer MAGIC support.

    These key levels will be important to bulls

    $0.51 – This is the immediate support level for the cryptocurrency. The level has been tested and holds ground even as MAGIC corrects. If bulls defend this level, it will allow them to push higher and initiate a breakout at $0.70. The level is needed to hold for MAGIC to have a chance for further gains.

    $0.30 – This is the established support for the cryptocurrency. Although lying deep below, it could be hit if $0.51 fails to hold. That could push MAGIC back into consolidation and potentially wipe out the gains already made.

    Where to buy MAGIC

    As MAGIC is such a new asset, it’s yet to be listed on major exchanges. You can still purchase MAGIC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MAGIC right now, follow these steps:

    1. Buy ETH on a regulated exchange or broker, like eToro ›

    We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

    2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

    You’ll need to create your wallet, grab your address, and send your coins there.

    3. Connect your wallet to the 1Inch DEX

    Head to 1Inch, and ‘connect’ your wallet to it.

    4. You can now swap your ETH for MAGIC

    Now that you’re connected, you’ll be able to swap for 100s of coins including MAGIC.

    Share this article
    Categories
    Tags

    Source link