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…
Token
Rexas Finance (RXS) vs Solana (SOL): Which is the Best Utility Token in 2024?
Utility tokens are very important in terms of the services offered by these ecosystems for migration within the rapidly evolving blockchain and cryptocurrency ecosystem. If we look forward to 2024 Rexas Finance (RXS) and Solana (SOL) come up as key players with some more benefits tangential to crypto. Rexas Finance (RXS) concentrates on the provision of complete DeFi services with the inclusion of user incentives, whereas Solana (SOL) deals with speedy transactions that harness an established infrastructure. This article looks…
9 months ago
What’s Behind Stellar’s (XLM) Decline? Whales Dump XLM for New Solana Dog-Themed Meme Token Set to Soar From $0.0004 to $4
Stellar's recent dip is stirring curiosity as large holders shift their focus to a new, promising dog-themed meme token on the Solana network. The move signals potential growth for this emerging cryptocurrency, which intriguingly aims to rise from a mere $0.0004 to $4. The dynamics behind this transition hint at strategic opportunities in the ever-evolving crypto landscape. Stellar (XLM): Enhancing Global Financial Connectivity Stellar (XLM) is a decentralized payments network that started in 2014. It uses blockchain technology to enable…
9 months ago
VIKITA Token Listed on Poloniex, Facilitating Trading on the TRON Network
Dubai, UAE, September 18th, 2024, Chainwire VIKITA, a memecoin operating on the SunPump platform, has been listed on the Poloniex exchange, available for trading against USDT (Tether). Built on the TRON blockchain, VIKITA benefits from fast, low-cost transactions, providing users with an efficient trading experience. SunPump, the platform hosting VIKITA, specializes in supporting memecoins, allowing users to create, buy, and sell tokens without the need for initial liquidity. This structure aims to simplify access to token creation and trading for…
9 months ago
CryptoIndex to Launch INDX Token Presale Ahead of Its Main Platform Debut
CryptoIndex, a new decentralized protocol that allows users to create, buy, and sell indexes for a more intuitive crypto investing experience, has recently announced its upcoming INDX token presale. The presale stage precedes the official launch of CryptoIndex and gives early-bird investors a chance to buy INDX tokens at discounted rates. INDX is the platform’s native cryptocurrency that unlocks access to all activities and rewards within the CryptoIndex ecosystem. With its main development phase nearing completion, CryptoIndex is set to…
9 months ago
The Sovereign Nature Initiative Releases DOTphin: Eco-Evolving Avatars On Polkadot at Token 2049 in Singapore
Amsterdam, Netherlands, September 18th, 2024, Chainwire Token 2049 Attendees Can Collect DOTphin Proof of Presence Digital Avatars and Contribute to Real-World Environmental Impact Sovereign Nature Initiative (SNI) has joined forces with Unique Network and WalletConnect to launch DOTphin, an innovative Polkadot NFT project for attendees of Token 2049 in Singapore. Attendees are invited to visit the Polkadot booth (Booth #P34 and 42, located on level 5 of the Marina Bay Sands Convention Center) and collect their Proof of Presence (PoP)…
9 months ago
Basebet.io Launches $BBT Token: A New Era in Blockchain-Powered Gaming
G, H, September 17th, 2024, Chainwire Basebet.io, the leading blockchain-powered casino and sportsbook, is excited to introduce the $BBT token. The $BBT token provides players with access to staking opportunities, VIP program acceleration, and enhanced jackpot features, creating new avenues for engagement on the platform. The pre-sale for the $BBT token begins Wednesday at 10 AM EST, offering early participants exclusive bonuses. What Is $BBT? The $BBT token is integrated into the Basebet.io platform, allowing holders the chance to benefit…
9 months ago
Camino Network Partners with Web3 Accelerator Outlier Ventures to Prepare for CAM Token Launch
Source: Depositphotos Blockchain travel ecosystem Camino Network has revealed that it’s joined forces with Outlier Ventures, whose Ascent token launch program will help optimize preparation for the forthcoming launch of the CAM token. Outlier Ventures will assist Camino Network in releasing its native token, providing the advice, partner introductions, and tooling required to ensure a successful deployment of the multi-function utility token. Outlier Ventures specializes in providing a string of services to web3 projects that are exploring tokenization. It has…
9 months ago
My Neighbor Alice Announces Beta Season 2 and Token Airdrop
My Neighbor Alice (MNA), the open builder game that’s developed a sizable player base since launching three years ago, has announced its new season. It’s also shared details of a token airdrop and a host of upgrades that will enhance gameplay and provide new opportunities for players to interact within the Lummelunda Archipelago where the action unfolds. My Neighbor Alice Brings the Beta Poised to commence on September 24, Beta Season 2 of My Neighbor Alice will introduce new quests,…
9 months ago
Solana Price Forecast: Can SOL Reach $500 by 2024? Rexas Finance (RXS) Presale Attracts Whales Ahead of 2025 Token Launch
For those of you who have been following this coin, you must be thinking, “Is it realistic that SOL can trade at $500 by 2024?” It’s an interesting question and people in the crypto space are abuzz around it for a good reason. This implies it traded higher than its current value of $137.03 and that’s understandable. But what if we told you that it’s showing some serious bullish signs that could push it not just to its all-time high…
9 months ago