Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Decentrawood’s Native Token DEOD to Be Listed on MEXC Exchange on August 12th, 2024 at 10 AM UTC
Dubai, United Arab Emirates, August 10th, 2024, Chainwire Decentrawood, a leading name in the metaverse and blockchain space, announced the listing of DEOD, on the globally top crypto exchange MEXC. It is scheduled to take place on August 12th, 2024, at 10 AM UTC. DEOD’s listing on MEXC marks a pivotal moment for the Decentrawood ecosystem, opening new doors for liquidity, trading opportunities, and global exposure. MEXC, known for its extensive user base and high trading volumes, provides the perfect…
10 months ago
Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link
This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied any links with it. Trump-Themed Token Turns Out Fake On Thursday night, a PolitiFi token was surrounded by controversy after it plummeted by over 95%…
10 months ago
How to Receive the 1M $TAUNT Token Airdrop in Summer 2024
In times of declining effectiveness of crypto incentive programs, the Taunt Token airdrop campaign has caught the interest of crypto enthusiasts due to its creative method of rewarding real and active users. Issued by Taunt Network, which aims to revolutionize interactive gaming experiences, the Taunt token will be used to drive tokenized engagement between audiences and creators. This article will look at the mechanics of the Taunt Token airdrop, including how it works, who is eligible, and how to maximize…
10 months ago
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TokenMoonTaurus (MNTR) Poised for 50x Growth: Why This New Token Is a Must-Buy for 2024
MoonTaurus (MNTR) is quickly becoming a standout in the cryptocurrency market, poised for an incredible 50x growth. This potential has caught the eye of many investors looking to benefit from its promising future. Currently in its presale phase, MoonTaurus offers an excellent opportunity to invest early. The token's well-defined roadmap, strategic token allocation, and built-in scarcity make it a strong contender for substantial returns in 2024. These factors combined suggest that MNTR is a must-buy for those seeking high-growth opportunities…
10 months ago
YAWN Token Launches with Ambitious Ecosystem and E-Commerce Integration
Vancouver, Canada, August 8th, 2024, Chainwire With the rise of the meme coin market, Yawn introduces itself as the first meme token embedded within a $1 billion ecosystem. As part of the Boys Club, YAWN allows holders to potentially gain from its expanding brand and community-focused initiatives. YAWN aims to establish a unique position in the cryptocurrency market, leveraging advancements in technology and AI. $YAWN is supported by experienced e-commerce marketing professionals known for their success in scaling online businesses.…
10 months ago
Creating Crypto Currency: Token vs Coin
The post Creating Crypto Currency: Token vs Coin appeared first on Coinpedia Fintech News Introduction Cryptocurrencies are digital or virtual currencies that use cryptography to stay secure. Unlike regular money governments issue (fiat currencies), cryptocurrencies run on blockchain—a decentralized ledger that a network of computers (nodes) maintains to ensure transparency and stop double-spending. Why Does Knowing the Difference Between Tokens and Coins Matter to Blockchain Developers? For blockchain developers, knowing the difference between tokens and coins has a significant impact…
10 months ago
Australian Firm NYBlue Secures Over One Million Carats of Blue Zircon, Launches RWA Token
Brisbane, Australia, August 7th, 2024, Chainwire Australian gemstone company NYBlue Pty Ltd has emerged as a key player working to redefine the global gemstone market. The company's strategic venture involves a plan to secure control over the world’s blue zircon supply, a move that holds the potential to reshape the value dynamics of the global gemstone market. Previously this month, the company released its whitepaper, detailing its current pre-sale and subsequent public float of its ‘real world asset’ cryptocurrency, following…
10 months ago
Top XRP Trader Comes Out of Retirement to Show Why this $0.034 Ethereum Token is Heading for a 1,680% Rally in 33 Days
The post Top XRP Trader Comes Out of Retirement to Show Why this $0.034 Ethereum Token is Heading for a 1,680% Rally in 33 Days appeared first on Coinpedia Fintech News Ripple (XRP) was once viewed as a high-potential asset, but it has faced significant legal challenges and is struggling to rise above the $0.6 mark. Recently, a notable XRP trader, who previously profited from XRP’s rise, has returned from retirement with an intriguing 1,680% rally prediction about a lesser-known…
10 months ago
Experts Suggest No XRP Price Surge Expected Post-Ripple-SEC Verdict, While This New Token Is Poised for a 1300% Explosion
As the Ripple-SEC verdict approaches, market experts are tempering expectations for a significant surge in XRP’s price. Despite recent volatility, including a 5.5% drop in response to the SEC's canceled meeting, analysts believe that any settlement may not deliver the anticipated boost to XRP’s value without substantial adoption news. The coin's recent performance has been mixed, with minor gains overshadowed by a significant year-over-year decline. This cautious outlook underscores a growing interest in alternative investment opportunities within the cryptocurrency space.…
10 months ago