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Showing posts with the label tokens

Chainlink Price (LINK) Breaks 3-Year Barrier: Whales Jump In

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Chainlink (LINK) continues to outshine the top 10 crypto projects by market cap, recently breaking a five-month price barrier. According to Santiment, LINK just flipped $29 for the first time in over three years. The asset is up over 20% today in price and market cap, continuing its 100% climb over the past month. One of the biggest factors in this recent surge has been the activity of LINK whales, who are buying in on the surging cryptocurrency. According to Santiment data, LINK whales have acquired a corresponding amount of tokens dumped on the market by retail investors. In the last two months alone, whales have accumulated $5.69 million worth of the coin. Currently, over 100,000 LINK tokens are owned by whales. Similarly, less than a hundred thousand LINK holders have dumped their tokens into the market. Market data indicates that these retail traders sold 5.67 million LINK from their collective wallets. This move by investors reveals impatience, panic-selling, or profit-taking bef...

How to Become a Millionaire If SHIB Hits $0.00075 and $0.0075

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Shiba Inu, the popular meme crypto, is drawing investors’ eyes. This article looks at how to become a SHIB millionaire if it reaches $0.00075 or $0.0075. Crypto price predictions suggest Shiba Inu could see significant growth. Let’s dive right in and explore this amazing millionaire SHIB opportunity! Also Read: Aave Whale Buys $2.5 Million Coins, Price Jumps 5%: $170 Next? Crypto Price Predictions And Steps To Becoming A SHIB Millionaire Source: Newtraderu.com Current Market Outlook Source: CryptoRank SHIB started October on a down note. Yet, investors stay hopeful. Why? SHIB’s past October performance shows an average 212% return. Some market watchers think SHIB could hit $0.00075, exciting potential crypto millionaires. Shiba Inu Needed to Make $1M, $5M, $10M at $0.00075 If SHIB reaches $0.00075, here’s what you’d need: For $1 million: 1.33 billion tokens For $5 million: 6.66 billion tokens For $10 million: 13.3 billion tokens Market Ups and Downs Source:...

Shiba Inu: How To Make $1 Million If SHIB Reaches $0.01

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The 1-cent dream is alive and kicking, as the majority of investors are waiting for Shiba Inu to breach the $0.01 milestone. Present-day investors can become millionaires or even billionaires when that happens, depending on how many tokens they own in their respective portfolios. SHIB is a low-hanging fruit that’s available for grabs for less than a Cent, making it the most lucrative cryptocurrency in the market. Also Read: Shiba Inu: New Price Prediction Targets 150% Upside For SHIB So how do you make $1 million when Shiba Inu reaches the $0.01 mark? The answer to that is an investment of close to $1,400 in today’s price. Shiba Inu is trading at $0.00001395 with four zeroes in the indices. You need 100 million tokens to make $1 million when SHIB touches $0.01. Source: Coingecko Also Read: Shiba Inu: How Long Should I Wait For It To Reach $0.01? At today’s price of $0.00001395, an investment of $1,395 could fetch you 100 million SHIB tokens. When the accumulation is do...

2 best Ethereum tokens to invest in 2024

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Ethereum (ETH) is the second-largest cryptocurrency by market cap and is now back in the spotlight with increased institutional interest. As traditional finance money flows into the Ethereum ecosystem, Finbold selected two of the best ERC-20 token s to consider investing. The finance behemoth BlackRock (NYSE: BLK) has turned its eyes to the token ization of real-world assets (RWA). For that, BlackRock has already reserved an initial investment of $100 million, currently held in USDC on Ethereum. Meanwhile, an Ethereum spot ETF will start trading in Hong Kong on April 30 following higher regulatory clarity and approval. Picks for you How rich is "The Baddest Man on the Planet" – Mike Tyson's net worth revealed 1 hour ago AI builds the ideal crypto portfolio for May, 2024 1 hour ago Sell-off alert: Caution advised as Bitcoin resistance persists 2 hours ago 2,000 Bitcoin ATMs installed in 2024 2 hours ago This institutional activity ...

STEPN airdrops $30M GMT tokens ahead of major global partnership

STEPN distributes 100 million FSL Points to users. The airdrop aims to reward loyal community members and fuel engagement within the STEPN ecosystem. STEPN is also expected to announce a partnership with a leading global sports brand soon. According to a post on X, Move-to-earn lifestyle app, STEPN, has completed an extensive airdrop campaign, allocating 100 million FSL Points to its user base, valued at $30 million. The initiative, unveiled ahead of an impending partnership with a renowned sports brand, marks a pivotal moment for the Solana-based move-to-earn platform. FSL points redeemable at 1:1 ratio for GMT tokens The recently completed airdrop is the second airdrop marking the end of our STEPN Trailblazer event, which is the third one since 2022. The airdrop  aimed at incentivizing user engagement and fostering loyalty within the STEPN community. Users will have the opportunity to claim FSL Points, redeemable at a 1:1 ratio for STEPN’s ...

Solana tokens Solend and Jito are soaring as Memeinator thrives

Solana and its top tokens are rebounding as a sense of fear spreads in the market. Some of the most notable token s are Jito and Solend. Memeinator has raised over $3.5 million from its investors. Cryptocurrency prices had a volatile performance last week as investors cheered the latest  SEC approval of Bitcoin ETFs . While  Bitcoin initially jumped after the report, it then pulled back sharply as traders sold the news. It remains sharply below last week’s high of $49,000. Solana tokens rebound However, some altcoins have stepped in to continue the rally.  Solana , the fifth biggest cryptocurrency, has risen by over 5% in the past 24 hours and is approaching the psychological level of $100.  Some of the most prominent tokens in the ecosystem like Solend (SLND) and Jito have jumped further. Solend rose by over 43% while Jito jumped by over 23% in a high-volume environment. Other tokens like Bonk and Raydium also soared. It i...

$560m worth of crypto tokens to unlock this month

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Seven crypto currency projects, including Injective and Sui, will release new token s worth at least $10 million into their circulating supply within the next month .  In total, around $560 million in cryptocurrencies are scheduled to unlock in January 2024, according to a TokenUnlocks dashboard. The unlocks will happen over varying periods, with some releases occurring within 72 hours and others occurring in tranches across 30 days.  These emissions have been designated for various participants, such as core contributors, charities, staking rewards, and investors. Aptos (APT) Aptos, a layer-one blockchain, will unlock 24.8 million APT tokens worth roughly $235 million at current prices. The tokens are spread across the Aptos Foundation, community incentives, core contributors, and investors. About 8% of APT’s circulating supply and the community allocation will claim the lion’s share. Injective (INJ)  Just over 4% of Injective’s circulating supply is allocated to adv...

Singapore introduces five new pilots to test asset tokenization

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The latest initiatives led by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets. The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots into the Project Guardian to test various use cases around asset tokenization.  Project Guardian is a collaborative initiative led by Singapore’s central bank that seeks to develop new financial infrastructure using decentralized finance (DeFi) elements. The latest initiatives are aimed at developing foundational capabilities to scale tokenized markets. As explained by MAS: “These developments under Project Guardian will catalyze the institutional adoption of digital assets, with the aim of freeing up liquidity, unlocking investment opportunities, and increasing the efficiency of financial markets.” Out of the 17 financial institutions members of Project Guardian, Citi, T. Rowe Price Associates, Inc. and Fidelity International are testing bilateral digital asset ...

Shiba Inu's Shibarium Network resumes block production after brief pause

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The Shiba Inu project has opted to secure insurance coverage amounting to $2 million to address potential fund retrieval challenges upon the restart of Shibarium. Shiba Inu's Layer-2 Shibarium network has resumed block production following a nearly day-long transaction pause. As per Shibariumscan.io block explorer, Shiba Inu's layer-2 block chain Shibarium (SHIB) has reactivated and is generating block s. The Shibarium network entered a fail-safe mode and pause d operations to safeguard funds due to unexpectedly high traffic after the mainnet launch. Lead developer Shytoshi Kusama verified that elevated block chain traffic led to certain challenges, but said that fund security remains intact. He asserted that both the bridge and the chain are functioning smoothly and Shibarium is poised for a swift restart. Screenshot of restarted block production.   Source: Shibariumscan.io In an official blog post dated August 18, Shiba Inu developer Kaal Dhairya outlined plans for scaling ...

Navigating the crypto maze: A call for standardized social token minting

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Unpacking the challenges and deceptive practices in the crypto space, and exploring the potential of unified standards for safer social token minting. The world of cryptocurrencies has witnessed a surge in the creation of community coins, often utilizing popular names like Elon Musk, Tesla and Andrew Tate, or even memes like Pepe. Unfortunately, these coins often have no real connection to the individuals or entities they reference, leading to potential confusion and misleading investments. While it may seem challenging to prevent the creation of such tokens, there are ways in which users can protect themselves from falling prey to these dubious offerings. Understanding the challenge It is no secret that anyone can create a token in a matter of minutes, thanks to the widespread availability of resources and tutorials on platforms like YouTube. This accessibility has allowed for the proliferation of memecoins and speculative tokens. This phenomenon attracts a particular subset of users...