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…
Tokens
AI Tokens ‘Preparing For Round 2’: Industry Shows 8% Growth With RNDR And FET
Excluding Bitcoin, memecoins were the biggest narrative of this cycle. However, Artificial Intelligence (AI) tokens also performed remarkably during the first quarter of 2024. The crypto market recovered over the weekend from the May 1st retrace, with AI tokens showing significant gains. As a result, many industry experts think that the sector is poised for a ‘Round 2’ this cycle. AI Sector Recovers By 8% Crypto analysts highlighted AI tokens alongside memecoins as the hottest topic of 2024, responsible for…
1 year ago
A new era of startup financing: Tokenize.it introduces Crowdinvesting with security tokens
Mittweida, Germany, May 6th, 2024: Tokenize.it, a pioneering platform in the realm of corporate financing announces the launch of its product Crowdinvesting. The innovative Tokenize.it platform empowers companies to streamline their financing processes by offering up to 8M EUR in GmbH-tokens to both professional and retail investors, eliminating the constraints of traditional shares. The standout feature of Tokenize.it Crowdinvesting lies in its provision of a standardized contract framework tailored specifically to German GmbHs (limited liability companies). This legally optimized setup,…
1 year ago
From Solana to Ethereum: Exploring Furrever Token’s Dual Impact with $10,000 Competition
The post From Solana to Ethereum: Exploring Furrever Token’s Dual Impact with $10,000 Competition appeared first on Coinpedia Fintech News In the realm of cryptocurrencies, fierce competition unfolds between two titans: Solana (SOL) and Ethereum (ETH), vying for the coveted top spot among altcoins. As these giants clash, a newcomer emerges, stealing the spotlight with a $10,000 competition that ignites excitement and captures the imagination of investors and enthusiasts alike. Furrever Token (FURR) enters the fray, offering not just a…
1 year ago
PayPal Integration Fuels Shiba Inu Surge: U.S. Users Can Now Buy SHIB Tokens with Ease
PayPal and MoonPay join forces, making it easier for US users to buy SHIB and other cryptocurrencies directly. SHIB’s price surged 2% in 24 hours, driven by an increased burn rate and growing interest, showcasing resilience amidst market fluctuations. Cryptocurrency enthusiasts in the United States have reason to rejoice as Shiba Inu (SHIB) tokens are now accessible for purchase through PayPal, thanks to a recent partnership with MoonPay, a leading crypto payment processor. This collaboration aims to simplify the transition…
1 year ago
3 Best Crypto Marketplace Tokens: Binance Coin (BNB), ETFSwap (ETFS), And Hedera (HBAR)
The post 3 Best Crypto Marketplace Tokens: Binance Coin (BNB), ETFSwap (ETFS), And Hedera (HBAR) appeared first on Coinpedia Fintech News The native cryptocurrencies of exchanges offer new ways to make a profit, and in this article, we explore the 3 best crypto marketplace tokens, namely: Binance Coin (BNB), ETFSwap (ETFS), and Hedera (HBAR), which are potential opportunities for massive profits. Binance Coin (BNB) Could Grow As Binance Expands Binance Coin (BNB) is the native token of Binance, a leading…
1 year ago
Top Artificial Intelligence (AI) Tokens For 10x Profits In May!
The post Top Artificial Intelligence (AI) Tokens For 10x Profits In May! appeared first on Coinpedia Fintech News After displaying weak price sentiments for the first two months, the AI category has displayed a massive bullish price action by adding significant valuation to their respective portfolios. Moreover, with the rising AI hype, this category is predicted to hit a new high in the coming time. Thinking of investing in the Artificial Intelligence (AI) category? In this article, we have covered…
1 year ago
FTX Estate Sale Fallout: Solana Sees 21% Price Dip – Investors Evaluate Dumping Tokens
FTX’s announcement regarding the commencement of the third tranche of the auction for locked Solana coins has injected optimism into the market amidst a broader sell-off. Despite the recent bearish trend in Solana’s price, indicators such as the Relative Strength Index (RSI) and the Awesome Oscillator (AO) suggest underlying bullish sentiment. Amid the broader market sell-off, Ethereum Layer-1 competitor Solana has also witnessed a sharp pullback dropping all the way to $120 levels earlier today. However, in another major announcement…
1 year ago
Binance Burns 1.4 Billion Terra Luna Classic (LUNC) Tokens!
The post Binance Burns 1.4 Billion Terra Luna Classic (LUNC) Tokens! appeared first on Coinpedia Fintech News Binance supports the Terra Luna Classic community’s 21st batch of the LUNC burn mechanism, eliminating 1.4 billion LUNC tokens. This step makes Binance Binance’s total LUNC burn to over 57 billion. It’s a major contribution to the community’s total burn that exceeds 112 billion tokens. Though it witnessed declining trading volumes in April, Binance attributed to the broader crypto market downturn. It remains…
1 year ago
Forbes Lists XRP, ADA, BCH, LTC, XLM, XMR as ‘Zombie’ Tokens with Unproven Utility: Should Investors Dump or Hold?
Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…
1 year ago