bitcoinlfg

Tag: Token

  • 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

  • Crypto token outlook this week: Vertex Protocol (VRTX)

    Crypto token outlook this week: Vertex Protocol (VRTX)

    A Trader Watches Market Performance On Mobile Phone
    • Vertex Protocol (VRTX), the decentralised exchange (DEX) on Arbitrum, is seeing increased volumes for spot and perpetuals.
    • VRTX price was 33% up in 24 hours, hitting $0.44 and 89% up from $0.22 on November 22.
    • Total value locked (TVL) has reached $32 million.

    Most altcoins are trading at near year-to-date highs after mirroring Bitcoin’s march to its highest price in 18 months – the spike to above $38k.

    With the overall market outlook remaining bullish, analysts are pointing to a potential upward continuation for BTC.

    Here is what to know about Vertex Protocol (VRTX) going into next week.

    Vertex (VRTX)

    The Vertex Protocol is a decentralized exchange (DEX) on Arbitrum that offers spot, perpetuals and money markets. The hybrid orderbook-automated money maker DEX has seen increased volume in the past few days, with its 24 hour trading volume surpassing dYdX as top volume DEX for perpetuals.

    Vertex Protocol TVL and price

    With users incentivized via the recently launched Arbitrum (ARB) incentives program, trading volumes are likely to continue surging. The ARB incentives week 2 saw over 210,000 ARB tokens distributed to traders last week.

    The claim for the tokens is live, adding to the incentive that earn traders VRTX via the Vertex Protocol’s Trade & Earn program. Users are thus poised to earn rewards on trading fees, with a maximum of 75% of taker fees. VRTX liquid staking allows holders to stake VRTX to generate voVRTX and earn rewards.

    According to DeFiLlama, a total of $32 million has been staked on the Vertex chain, with $566 million in derivatives volumes recorded in the past 24 hours. 

    VRTX is currently listed on crypto exchanges such as Bybit, Bitget, and Gate.io. Data from CoinGecko shows the VRTX price is up 34% in the past 24 hours and reached a high of $0.44. VRTX/USD is currently trading at $0.42, up 89% from its lows of $0.22 on November 22.

    Share this article
    Categories
    Tags



    Source link

  • Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

    Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

    Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024. 

    This means that the price of Bitcoin could go up significantly and so will other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge.

    Everlodge the first web3 marketplace for real estate trade

    Shiha Inu and BNB crypto are not the only tokens that can benefit from the Bitcoin halving. One new token that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. Why? You might ask. Global tourism has been growing since the end of the Covid-19 lockdown. 

    Because investing in real estate requires a significant amount of money upfront, only a few wealthy individuals have joined the industry. Everlodge is here to assist and promises to make property investment simpler. They’ve harnessed blockchain technology to turn real estate into NFTs, which can be split into smaller parts. 

    Just so you know, anyone can buy these NFTs for as little as $100. Furthermore, the value of these NFTs rises as the properties appreciate. Additionally, these NFTs have more value than regular ones. During this time, the value of its token, ELDG, surged by more than 100%, going from $0.01 to $0.23.

    Everlodge’s price is expected to continue increasing as the presale proceeds. 

    For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

    Shiba Inu moves towards self-custody of assets

    The Shiba Inu (SHIB) team is working on a new feature to allow SHIB coin holders to manage their identity. A Shiba Inu developer, Kaaldhairya, mentioned the news in a comment on October 28th. He talked about a digital ID system for SHIB coin holders. 

    Meanwhile, Shiba Inu developers haven’t shared all the details yet. However, they are counting down 72 hours to the big reveal on October 31st. This new feature, called Self-Sovereign Identity (SSI), is expected to make SHIB more decentralized and make the Shiba Inu ecosystem stronger.

    Also, this would attract more investors and affect Shiba Inu’s price in the long term. The Shiba Inu coin price crossed the $0.00000803 level in October. Analysts have noted that Shiba Inu’s value will rise to $0.00003360 in 2024.

    BNBChain launches multi-signature wallet service

    BNBChain has introduced a new wallet service called BNB SafeWallet. This wallet uses the Gnosis Safe protocol and works on both the Binance Smart Chain and opBNB. According to BNBChain’s blog post, this launch is a big step in making the BSC network more secure. 

    Besides, the BNBChain Safe multi-signature wallet service offers users a safe place to store their digital assets. BNBChain’s native token, Binance Coin has seen huge gains lately. It has broken out of its consolidation phase and increased to $229.25 on October 30th.

    Currently, analysts have looked at the BNB token. They have forecasted that BNB price will increase to $310 in 2024, soaring on Bitcoin’s halving event. Given the bullish predictions, investors are now looking for where to buy BNB.

    Share this article
    Categories
    Tags

    Source link

  • Stafi (FIS) defies crypto market outlook, token up 13%

    Stafi (FIS) defies crypto market outlook, token up 13%

    Stafi Fis Price Hike
    • Stafi (FIS) price is up 3% in the past 24 hours and 13% this past week.
    • The Staking Finance governance token has seen a spike in whale transactions of $100k+, on-chain data shows.
    • Interest is seeing FIS outperform major altcoins.

    Stafi (FIS), the governance token of the StaFi protocol, has seen a decent spike in the past 24 hours to bring total gains in the past week to more than 13%.

    Currently trading at around $0.29, FIS has outperformed the major cryptocurrencies as they continue to struggle for volatility. All top altcoins by market cap are 2%-5% down in the past seven days, with Bitcoin (BTC) perched above $26k but down 4% in the outlined period. Ethereum, which came under renewed downward pressure following news of Vitalik Buterin’s latest ETH transaction, remains below $1,600 with -3.8% in the past week.

    Why is the price of Stafi (FIS) up today?

    As noted, FIS is a governance token for the Staking Finance, a DeFi protocol that offers access to liquidity of staked assets.

    Other than its use in staking, FIS is used as transaction fees. But traders and investors are increasingly turning to the protocol rTokens, reward tokens that one receives when they stake Proof-of-Stake coins and tokens like Ethereum. These tokens are tradable and act as collateral on lending platforms. In other words, FIS holders have various opportunities of earning, including from staking rewards and lending of rTokens.

    Stafi has recently added rTokens for Polygon (MATIC) and Cosmos Hub (ATOM).

    Interest in FIS has skyrocketed over the past few weeks, reflecting in the token’s price performance. According to data by market intelligence platform Santiment, FIS is among a few smaller cap altcoins to see a significant uptick in whale accumulation.

    Per on-chain data the firm shared on X, whales have been “most active,” in the ecosystems of aelf (ELF), Cream (CREAM), Stafi (FIS) and Linear (LINA). The networks have witnessed a surge in whale transactions involving $100,000 or more.

    “These projects have a higher probability to see big swings this week,” Santiment analysts have noted.

    Share this article
    Categories
    Tags



    Source link

  • Bitget Token (BGB) jumps after MEXC announces listing

    Bitget Token (BGB) jumps after MEXC announces listing

    • Bitget will list MX Token (MX) while MEXC will add Bitget Token (BGB).
    • Both listings will be on July 31, with trading pairs BGB/USDT and MX/USDT.

    Bitget Token (BGB), the utility token of crypto exchange Bitget, will be listed on MEXC Global on July 31, the exchanges announced on Friday.

    MEXC will list the Bitget token in the Innovation Zone and has opened deposits for BGB. Initial supported pair will be BGB/USDT, with trading set for Monday, July 31 at 10:00 UTC. Withdrawals will be available from August 1, 2023 at 10:00 UTC, the exchange noted

    As MEXC lists BGB, Bitget will also be adding trading support for MX Token (MX), the native utility token of the MEXC Global exchange. The simultaneous listing will go live on July 31, with MX/USDT added to the Platform Token Zone.

    BGB price jumped more than 4% following the listing news, with the utility token’s value reaching an intraday high of $0.46. This isn’t far from the all-time high for BGB/USD, which was $0.51 reached in February this year.

    Bitget launched an updated version of its token in July 2021. It is used as a form of payment in the exchange platform’s ecosystem, and can be staked or for discounts on trading fees.

    Share this article
    Categories
    Tags



    Source link

  • AI-powered meme token taking crypto by storm

    AI-powered meme token taking crypto by storm

    • Shiba Memu is looking to dominate the meme coin sector with a pioneering AI-powered utility token.
    • The concept behind this robot meme with a touch of AI genius is what could astound the legacy meme coins space.
    • SHMU presale has raised more than $356k in less than a week.

    Talk of meme coins today and what’s likely to pop up in front of you would be the latest Shiba Inu dog meme dubbed Shiba Memu (SHMU).

    Granted, Dogecoin (DOGE) and Shiba Inu (SHIB) sit pretty in the upper deck of the market cap ranking, their status as top meme dogs not under immediate threat. But is there a hint of investor focus shifting to a new project that promises to bring the best of two technology worlds together in an explosive marketing powerhouse?

    The SHMU presale, which can be accessed here, suggests this scenario could indeed surface.

    What is Shiba Memu?

    Today’s biggest trends are crypto and artificial intelligence (AI) – and raring to go amid the exuberance is Shiba Memu. So the question one might want to ask is ‘what is Shiba Memu?’

    As briefly noted earlier, Shiba Memu is a new, revolutionary meme token that combines the power of blockchain and AI. While the meme token possesses all the attributes of memenomics, it comes loaded with “new tricks” that could see it become an unstoppable marketing powerhouse.

    It will run on both ERC20 and Binance Smart Chain networks.

    How does Shiba Memu work?

    AI tools can do wonders when it comes to tapping into machine learning and natural language processing (NLP), the reason it’s such a hot topic even in the mainstream tech industry.

    Shiba Memu taps into this to replace the human effort that traditional meme tokens employ to gain traction. Instead, the whitepaper outlines a self-sufficient marketing platform powered by the native SHMU token.

    At the heart of all the marketing will be an AI dashboard accessible and visible to all token holders. It will use NLP and ML as well as sentiment analysis, predictive analytics, image and video recognition and personalization (think of how effective ads marketing has become and tinker with that using an AI-powered dog that’s capable of so much).

    Some of the things the meme can achieve include creating marketing strategies, writing own PRs, and promoting itself over and over again. Leveraging AI means the project can outperform tabloid newspapers when it comes to getting content across for the purpose of attracting even more attention.

    Other than churning “gazillions” of data and marketing details about the project, the robot meme dog will also monitor its own performance and adjust for optimized output. Engaging with users directly is another strategy of this project, the result of which could be increased visibility and trust in the token and potential uptick in specific demand for SHMU.

    Shiba Memu presale

    The roadmap for Shiba Memu includes the launch of the above-mentioned AI dashboard in Q1, 2024. The platform will also implement user engagement features such as feedback and integrate social media platforms to boost marketing.

    Development of the project will continue throughout the first half of the year, with listing on major exchanges expected in Q3, 2024. These future developments are however preceded by a token presale that will see 85% of total supply of 1 billion SHMU available to early investors.

    It’s barely a week into that presale and investors have allocated over $356k into the project, with more than 25.7 million SHMU grabbed. Investors know that participating in the presale is one of the ways to get hold of Shiba Memu at greatly discounted prices.

    One major difference between the Shiba Memu presale and similar token sales is that this one is open-ended and is scheduled to last 8 weeks. During this time, SHMU’s price will increase every day at 6pm GMT. 

    The current presale price is $0.012475 and the next uptick will see it rise to $0.0127. It will double from here every time it increases until it reaches $0.0244.

    How do you buy Shiba Memu tokens?

    There’s only one way to buy SHMU during the presale – visit the project’s website. The project will go live on both the ERC20 and BSC networks. This means buying is available via ETH, USDT, BNB, and BUSD and one will need to have a supported wallet.

    Currently, that’s MetaMask for desktop users and Trust Wallet when buying on a smartphone.

    After the presale and when tokens go live, earning SHMU will be possible via providing liquidity on a DEX and get rewarded in transaction fees. Another way to get hands on more of these meme tokens would be through buying on exchanges or staking to earn rewards.

    Do you want to know more about Shiba Memu? Click here.

    Share this article
    Categories
    Tags

    Source link

  • Pepa Inu & Difi Token to sponsor Upcoming BabyDogeCoin Worldwide Premiere on Biggest crypto magazine Bitcoinlfg

    Pepa Inu & Difi Token to sponsor Upcoming BabyDogeCoin Worldwide Premiere on Biggest crypto magazine Bitcoinlfg

    Source link

  • Warren Buffett still sees bitcoin as a ‘gambling token’

    Warren Buffett still sees bitcoin as a ‘gambling token’

    Warren Buffett sees bitcoin as a ‘gambling token’
    • Bitcoin is up again following the U.S. inflation data on Wednesday.
    • Warren Buffett reiterates that BTC doesn’t have any intrinsic value.
    • BTC is currently up a whopping 80% since the start of the year.

    Bitcoin has climbed a whopping 80% since the start of the year but the “Oracle of Omaha” is still not convinced that it’s an investable asset.

    Buffett reiterates his view on Bitcoin

    Legendary investor Warren Buffett continues to see the bitcoin as “rat poison squared”. Spending money on it, he reiterated today, is more akin to gambling than investment.

    Bitcoin is a gambling token and it doesn’t have any intrinsic value, but that doesn’t stop people from wanting to play the roulette wheel.

    Buffett is one of the most notable critics of cryptocurrencies at large.

    Interestingly, though, his conglomerate Berkshire Hathaway increased its stake just a day earlier in Sumitomo Corp despite the Japanese trading company’s affiliations with Ripple.

    Bitcoin is up after the U.S. inflation data today

    Bitcoin is trading comfortably above the $30,000 level on Wednesday following the update from the U.S. Bureau of Labour Statistics which confirmed that inflation continued to ease in March.

    And Buffett agreed that there’s no telling when the upside will exhaust. On CNBC’s “Squawk Box”, he said:

    That’s predicting when speculation will end, when gambling instinct will go away, when more people would want to get out. If I were good at that, I’d make a lot of money in different things.

    Remember that the total supply of bitcoin is scheduled to have in April or May of next year – an event that’s historically unlocked more upside in BTC.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin Price Prediction Shoots For The Moon Bringing New Token ASI Along for the Ride

    Bitcoin Price Prediction Shoots For The Moon Bringing New Token ASI Along for the Ride

    • BTC rising 50% has produced a recovery in the crypto market
    • AltSignals (ASI) is a highly promising new token launch
    • ASI should outperform BTC percentage rise over the coming months and years

    After some significant movements in the crypto markets, the Bitcoin price prediction forecasts further upside. However, experts suggest that AltSignals’ new token, ASI, should outperform the Bitcoin price prediction in percentage terms before the end of the year.

    AltSignals is an industry-grade trading platform that is expanding its blockchain offering. Here’s why it could be the highest-performing project of its kind in 2023 and beyond.

    AltSignals is launching during a widespread market recovery

    The Bitcoin price prediction has flipped bullish after some promising price action at the beginning of 2023. BTC has risen over 50% from its recent lows and has been driving a recovery in the crypto market.

    After many altcoins fell over 90%, the BTC recovery has produced widespread gains across the crypto market. This comes at a time when AltSignals, a highly successful crypto trading community, is launching its crypto presale event.

    The ASI token has a high potential for future returns, especially as the crypto market recovers following a positive Bitcoin price prediction. A BTC recovery typically signals the beginning of bullish crypto market movements, and ASI is well-positioned to benefit over the coming months and years.

    What is Bitcoin?

    Bitcoin (BTC) is the first blockchain-based cryptocurrency. The Bitcoin blockchain uses a proof-of-work protocol to achieve consensus in a distributed computer network. This process is highly complex by design, and the economic costs of overriding the consensus mechanism make attacking the BTC network practically impossible.

    Since it was first launched in 2009, BTC has become the largest cryptocurrency by market capitalization and has been adopted by governments and financial institutions worldwide. The rate of progress for the Bitcoin price prediction is a testament to its innate scarcity – there will only ever be 21 million BTC, which means that constantly rising demand is destined to push the price upwards.

    Bitcoin price prediction: Can BTC reach over $30,000 in 2023?

    The Bitcoin price prediction for 2023 targets $30,000 as a key level. If BTC can break through resistance at $29,000, then it is likely to reach $30,000 and above before the end of the year.

    What is AltSignals?

    AltSignals is one of the largest crypto market trading communities in Web3. The platform has consistently provided profitable trading signals to its users since 2017 and has an impressive track record for success. For example, the Binance Futures Report for Feb 2023 has shown a win rate of 90%.

    The project is now expanding its offering and will introduce several useful features to its community of crypto market traders. The ASI token, which is being released at $0.012 during the presale, is integral to this development.

    How will the ecosystem utilize ASI?

    The ASI token will give holders exclusive access to premium trading signals in the crypto market using ActualizeAI. ActualizeAI is a groundbreaking AI-powered development tool that combines several leading technologies with crypto market data. After analyzing a wide variety of different indicators, ActualizeAI will generate profitable trading signals on a consistent basis.

    ASI can be used to access the AI Members Club. This premium offering will grant early participation in AltSignals’ new trading tools. With massive profits already being made through AltSignals’ AI tools, this feature can give traders a real edge in the crypto markets.

    By holding the ASI token and joining the AI Members Club, users can gain access to exclusive investment opportunities and much more. Members can even help the AltSignals development team improve their tools by participating in early tests and sharing feedback with the team.

    Could ASI reach $1 in 2023?

    The ASI token represents a strong existing project that is now branching out further. AltSignals has a large existing user base and extensive token utility, making it a prime investment opportunity over the coming years.

    The AltSignals crypto presale will raise the price of ASI from $0.012 to $0.02274 before the token goes live on exchanges. At this point, the price of ASI could go parabolic, especially if the AI development coincides with rising prices across the crypto market.

    Experts are forecasting a $1 price level for the ASI token before the end of 2023 – a 45x price rise from the end of the presale. As a reputable community-driven project that will in the future utilize advanced AI tools, AltSignals certainly has massive potential.

    AltSignals vs. Bitcoin price prediction: Why buy ASI?

    While Bitcoin is expected to kickstart a recovery for the crypto markets, it is unlikely to outperform AltSignals in 2023 and beyond if a bull market begins. Early investors in the ASI crypto presale can expect significant returns over the coming years, as the project combines several ground-breaking technologies to deliver a comprehensive user trading experience.

    AltSignals has the potential to become an industry-leading AI trading project on the blockchain. However, a limited number of ASI tokens are being released during the presale event, and it is first come, first served. The ASI token could be the best buy of 2023 as investors prepare for the next bull run in the crypto market.

    You can participate in the AltSignals presale here.

    Share this article
    Categories
    Tags

    Source link

  • BitcoinCeo token upcoming pre sale

    BitcoinCeo token upcoming pre sale

    Source link