Bitcoin price is pulling back after a strong finish in the crypto market last week. However, this past Sunday night’s weekend close was also the close of the 4-week BTCUSD chart, which has potentially confirmed a high timeframe continuation pattern. If the continuation pattern is indeed valid, it could point to 3-6 months of an extended uptrend, making 2023 an extremely bullish year in the end. Here is everything you need to know about the bullish continuation pattern and what it could mean for the crypto market. Bullish Candlestick Continuation Pattern To Light Up Second Half Of 2023 2023 has been an interesting year in the cryptocurrency market. Bitcoin has been mostly bullish, but nothing compared to what we’ve witnessed in the past — as recently as 2020. Meanwhile, altcoins have been long suffering an onslaught from the US SEC. This has kept Bitcoin further at bay against the US Dollar, while eating up altcoin capital on the BTC pair. Despite an important week for the industry and BTCUSD setting a new high for the year, Bitcoin lost some momentum and is now trading below $30,000 per coin. However, before the correction happened, the 4-week BTCUSD candle also closed on Sunday night. The 4-week timeframe is slightly more sensitive than the monthly at between 2 to 3 days less, sometimes offering unique signals from the 1-month. Sunday night’s close forever marked the chart with the last candle necessary for a completed Rising Three Method pattern. The Rising Three Method is a bullish Japanese candlesticks continuation pattern. It consists of a large white candle, followed by three small-bodied candles in a row. After the period of consolidation, a large white candle closes above the trio of black candles, engulfing them all. Bitcoin Buyers Make A Statement: Rising Three Method Pattern Completes The pattern shows that after a pause, buyers resume control. By making this statement, bulls could gain control of Bitcoin over the next 3 to 6 months. The reason for the timing, is due to the length of each candle’s session. After a Japanese candlestick pattern confirms, its expected results should appear within the next 3-5 candlesticks. 3-5 sessions of 4 weeks total, equals roughly 12 to 20 weeks, or around 3-5 months. That timing would take any potential bull rally through the end of the year. For further validation of the fact upside should appear within 3-5 candles after a confirmed signal, we can see that a morning star pattern completed during the first candlestick close of the year. The second candle of the year was a doji, then this bullish continuation pattern formed. All of this combined tells a possible story of a continued bull market for the rest of the calendar year. The Japanese candlestick continuation pattern also comes with plenty of confluence through a confirmed bullish crossover of the LMACD. The technical indicator suggests a momentum shift supportive of more upside in Bitcoin. Will this continuation pattern result in a strong bull market breakout? This chart originally appeared in issue #12 of CoinChartist (VIP) alongside a dozen exclusive XRP, Bitcoin, and other charts. Subscribe for free.

Uniswap, the leading decentralized exchange (DEX), has announced the launch of UniswapX, a permissionless and open-source protocol for trading across automated market makers (AMMs) and other liquidity sources. According to the announcement, UniswapX aims to improve self-custody swapping and grow on-chain trading by offering better prices through the aggregation of liquidity sources, gas-free swapping, protection against maximal extractable value (MEV), and no cost for failed transactions. Uniswap Latest Protocol Launch UniswapX addresses the growing complexity of on-chain routing and the fragmentation of liquidity pools resulting from the increasing number of customized pool designs. The protocol outsources routing complexity to a network of third-party fillers who compete to fill swaps using on-chain liquidity like AMM pools or their private inventory. This allows swappers to use the Uniswap interface without worrying about getting the best price and ensures that transactions are always transparently recorded and settled on-chain. Per the announcement, gas-free swapping is a key feature of UniswapX. Swappers sign a unique off-chain order, which is then submitted on-chain by fillers who pay gas on the swappers’ behalf. This eliminates the need for swappers to pay gas or hold a chain’s native network token to trade. MEV protection is also provided by UniswapX, which returns MEV that would be left on the table to be captured by an arbitrage transaction to swappers through improved prices. UniswapX also has plans to launch a cross-chain version later this year that combines swapping and bridging into one seamless action. This will provide users with the ability to exchange between different blockchain networks in a seamless and trustless manner. This is made possible through the use of bridges, which are specialized smart contracts that enable the transfer of assets between different blockchain networks. In addition, instead of receiving a bridge-specific token, users can choose which assets to receive on the destination chain. Strong Resistance Causes UNI To Retract After the announcement of the launch of the UniswapX protocol, the price of Uniswap’s native token, UNI, experienced a surge of around 3%. UNI reached a high of $6.152, a level not seen since April 2023. The excitement generated by the launch of this new protocol led to a surge in demand for UNI, as traders anticipated improved user experience and better prices for on-chain trading. However, UNI faced a strong resistance line at this same level, causing the token to retrace and lose all the gains generated by the announcement. At present, UNI is trading at $5.738, down by 1.4% in the last 24 hours. Despite this recent dip, UNI has posted significant gains in the 30-day timeframe, with a staggering 28% profit. On the flip side, according to Token Terminal data, Uniswap’s market cap (circulating) currently stands at $4.76 billion, representing a 28.3% increase over the past 30 days. The market cap (fully diluted) is $5.77 billion, up 26.01% over the same period. Uniswap’s total value locked (TVL) is currently $3.67 billion, a decrease of 0.54% over the past 30 days. The price fees (P/F) ratio (fully diluted) stands at 17.50x, indicating that the market values Uniswap’s future earnings potential at a premium. Uniswap’s trading volume (annualized) is $349.19 billion, representing a decrease of 8.05%. In terms of user activity, Uniswap has had an average of 69.640 daily active users over the past 30 days, representing an increase of 2.7%. Featured image from Unsplash, chart from TradingView.com

The Sui blockchain platform is witnessing a surge of activity, mainly due to its new Web3 game, Sui 8192. Not only is this game boosting blockchain engagement, but it’s also contributing to the bullish run of Sui’s native token, SUI. SUI scan has shown Sui 8192 contributed to the transaction spike on the network. In the past 24 hours alone, the game has drawn 258 million transactions on the Sui blockchain. Developed by Ethos, a Sui wallet maker, the game is intended to spark interest in Web3. New Era Of Web3 Gaming On Sui Blockchain? The mechanics of Sui 8192 includes Players accruing points by matching two similar tiles on a grid. When they amass 8192 points, the game ends, and a non-fungible token (NFT) is minted on the blockchain, a testimony to their achievement. This experience introduces more and more people to the world of blockchain and NFTs in an accessible way. However, Sui 8192 is not the only game in town; Sui also hosts other notable titles like the high fantasy action games Abyss World, Cosmocadia, and Orange Comet. Riding The Bullish Trend: SUI Token Climbs To New Heights Sui’s blockchain native token, SUI, is seeing an upward trajectory, with a 10.5% value gain in just a week, leaping from $0.63 on July 10 to a high of $0.72, a near 2% increase in the past 24 hours alone. Simultaneously, the trading volume of SUI has nearly doubled in the past week, escalating from $33 million to a towering $76 million in just 24 hours. SUI’s market capitalization is rising from $426 million to $461 million today. With the steady growth of Sui’s blockchain platform and the rising popularity of its gaming universe, the upward trend of SUI could be more than a temporary spike. Featured image from iStock, Chart from TradingView

NEW YORK & OTTAWA, Ontario–(BUSINESS WIRE)–#Magmic–Award-winning mobile game developer, Magmic announced today that they have been invited to participate in Pocket Gamer Connects Toronto to discuss the recent integration of ChatGPT into its popular ‘Hasbro’s Scattergories’ mobile game. Pocket Gamer Connects is a leading mobile gaming industry conference with over 750 games industry professionals in attendance to network, discover, pitch and learn from 150 of the world’s leading authorities. This latest update to the official Scattergories Mobile App, integrating OpenAI’s ChatGPT was announced in May 2023 with new insights and data recorded since the integration. “We have over three months of new data with the new AI update in place. We will be sharing comparisons on our processes before and after AI, KPI data on the difference made with AI integration, issues we faced and adjusted within the integration, and potential future uses for the technology. Scattergories can now compare answers against a knowledge base beyond anything developers could create themselves and we are honored to share these important developments that affect the future of mobile gaming at Pocket Gamer Connects Toronto,” said Magmic CEO and president Mohammad Agha. Scattergories has had nearly 4 million installs since its launch, making keeping the answer database up to date and complete the biggest hurdle for developers. ChatGPT is an artificial intelligence tool, created in November of 2022 by OpenAI that allows users to generate original text. You can ask it questions and give it creative prompts to generate anything from short stories to enhancing game question and answer databases as seen with the Scattergories integration. “As a pioneer in the mobile gaming industry, we are dedicated to staying at the forefront of new technologies – especially in the Web3 realm – and utilizing them to enhance our mobile games and the experience for our players. We will continue to test the ChatGPT integration and plan to continue with it and incorporate it into our entire portfolio of hundreds of mobile games based on the success with Scattergories,” said Magmic Co-Founder and CTO Joshua Ostrowalker. About Magmic Magmic is an award-winning publisher and developer of mobile games since the dawn of the mobile entertainment revolution to present day as a leader in the Web3 video game realm. Established in 2002 in Ottawa, Canada, Magmic is a pioneer in the mobile gaming industry and has developed and published over 100 mobile games, many of which have reached #1 in the Card and Board game categories on the App Stores. Magmic’s most popular games include Hasbro’s Scattergories and Scattergories Blitz, Mattel’s Phase 10, Skip-Bo and Blokus, Texas Hold’Em King, Passport Rummy, The New York Times Crossword app, Spite & Malice, Adventure Hearts, the Simply suite of card games, along with many others. With over 250 million game downloads over 21 years, Magmic currently has a player base of millions of monthly active users and tens of billions of hours of play. For more information, visit www.magmic.com About Hasbro Hasbro is a toy and game company whose mission is to entertain and connect generations of fans through the wonder of storytelling and exhilaration of play. Hasbro delivers engaging brand experiences for global audiences through toys, consumer products, gaming and entertainment, with a portfolio of iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands. Hasbro is guided by our Purpose to create joy and community for all people around the world, one game, one toy, one story at a time. For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, one of the World’s Most Ethical Companies by Ethisphere Institute and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50. For more information, visit https://corporate.hasbro.com Contacts Tara Crary Connect Advertising Agency, Inc. for Magmic [email protected]

According to recent findings from blockchain analytics company IntoTheBlock, around 29% of the total Bitcoin circulating supply is now presumed lost forever after remaining stagnant for over five years. Bitcoin was designed to be scarce, with only 21 million coins ever to be mined, but the very features that make the cryptocurrency so attractive to investors can sometimes lead to investors losing their assets forever, especially in cases where private keys are forgotten. Related Reading: Why Ripple’s Victory Against The SEC May Be Short-Lived: Legal Expert Stagnant BTC Addresses Are Growing Over Time In a recent tweet by IntoTheBlock, the company called attention to the high number of dormant bitcoin addresses. “Our data shows that 29% of $BTC hasn’t moved in over 5 years. It’s possible that a large part of this concerns lost coins,” the tweet said. Similar data has been supplied by Glassnode Alerts, an on-chain metrics monitor. According to Glassnode, on-chain data shows that the total quantity of HODLed or lost bitcoins just hit a new all-time high of 7,781,224.168 BTC. Given that the price of a single Bitcoin is currently about $30,000, this equates to more than $235 billion in BTC that has now been lost. What Does This Mean For Bitcoin? Institutional interest in Bitcoin has grown in the past year, with companies like MicroStrategy doubling down on their bitcoin holdings. Hence, the increase in dormant addresses can show more people are holding Bitcoin as a long-term investment rather than trading or spending it. However, it can also signal the amount of BTC lost forever, especially by early investors. Taking into account that early investors are more likely to cash out on the huge gains made by the price of bitcoin, the latter is more likely. The price of Bitcoin has skyrocketed over the years and small amounts of Bitcoin from the early days are now worth a fortune. So if investors still had access to these dormant BTC, then they would likely have been moved already. As Bitcoin gained mainstream popularity, many people have also bought in without fully understanding how to secure their private keys properly. A good example is the case of Stefan Thomas, a San Francisco-based programmer who is unable to asses his holdings of about 7,002 bitcoins. Thomas’ holdings are currently worth $216 million, but he can’t remember the password containing the private keys to his digital wallet. With bitcoin having a fixed supply, its increasing scarcity due to lost coins can also enhance its appeal as a store of value. This could drive the price up due to increasing demand for the fewer bitcoins in circulation. Bitcoin has seen a surge in price in recent months fueled by spot ETF applications filed by major investment companies like BlackRock and Valkyrie. The cryptocurrency is up by 43% this year and is currently ranging around $30,000 for the past few weeks.

LTCUSDT gains 150% from recent low, eyeing a 170% rally if resistance is breached. Impressive Returns and Recent Bearish Trend LTCUSDT, the Litecoin to Tether trading pair, has experienced a notable journey in recent times. After showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021, the cryptocurrency faced a significant hurdle in surpassing its recent high of $413. This resulted in a bearish trend lasting nearly 14 months. However, LTC has shown positive momentum since mid-July 2022, recovering nearly 150% from its lowest point. In this analysis, we will delve into the current price action, identify an ascending triangle pattern, and discuss the potential implications for traders and investors. Impressive Performance and Key Levels LTCUSDT has been trading around the $91.99 level, displaying strong growth over time. Despite facing challenges in surpassing the $413 mark, the cryptocurrency has performed well historically. Key levels to monitor include $149.84 and $326.83, which could act as significant resistance or support levels. Additionally, a notable weekly demand zone is observed at $45, indicating potential buyer interest at that level. Current Price Action Ascending Triangle Pattern and Potential Reversal: Within the weekly time frame, LTCUSDT has formed an ascending triangle pattern from April 18, 2022, to July 17, 2023. This pattern, combined with a recent volume spike, suggests a potential trend reversal and increased volatility. Traders should pay attention to this development, as it could indicate a shakeout of weak buyers and the emergence of a new bullish trend. Projected Targets and Breakout Potential Based on the range structure of the ascending triangle pattern, a measured move can be identified. If LTCUSDT breaks out above the resistance level at $110.80, it has the potential to reach Target 1 at $190 and Target 2 at $330. These levels represent potential price milestones if the bullish momentum continues and the breakout is sustained. While the ascending triangle pattern points towards a potential breakout and bullish scenario, caution is warranted. A bearish scenario would come into play if LTCUSDT breaks below the support level at $75. This would invalidate the bullish view and could lead to a shift in market sentiment. It is crucial for traders and investors to closely monitor the price action and adjust their strategies accordingly. The LTCUSDT trading pair has shown impressive performance in the past, recovering from a bearish trend and exhibiting positive momentum since mid-July 2022. The formation of an ascending triangle pattern suggests a potential trend reversal and breakout. Traders should carefully watch for a breakout above the resistance level at $110.80, which could propel LTCUSDT towards higher price targets. However, caution is advised, as a break below the support level at $75 could indicate a bearish scenario. Vigilance and adaptability will be key for traders and investors navigating the LTCUSDT market.

Initially, it will be marketed in the UK, the European Union, and the European Economic Area. Gnosis Pay is the result of a partnership between Gnosis and the payment processor SaltPay. Blockchain industry frontrunner Gnosis has introduced Gnosis Pay and Gnosis Card, the first fully decentralized payment network and self-custodial debit card. This was announced during the biggest annual European Ethereum 04-days event, The Ethereum Community Conference (EthCC). Using a Visa-certified consumer debit card linked to an on-chain self-custodial wallet, the Ethereum-based sidechain Gnosis offers Gnosis Pay and Gnosis Card, a first in the integration of decentralized payment networks with conventional processors. Boosting Crypto Adoption Initially, it will be marketed in the United Kingdom, the European Union, and the European Economic Area. The United States, Brazil, Mexico, Singapore, and Hong Kong are all on the list of target markets for Q4 expansion. This new service stands out from similar Web3 payment cards and is expected to boost crypto adoption. These novel services allow customers to utilize stablecoins and the Visa payment system to make transactions online. Working as a layer 2 solution on the chain, Gnosis Pay is the result of a partnership between Gnosis and the payment processor SaltPay. The Gnosis Card will support EURe, a stablecoin tied to the Euro, upon launch. The developers behind Gnosis Pay are hard at work adding support for MakerDAO’s decentralized stablecoin, DAI. Gnosis Pay will first provide a physical card and a web application; a mobile app is in development. The $30 EURe registration fee ushers in a new age of cryptocurrency transactions, thus boosting adoption. Despite Gnosis’s separation from Safe in July, the two companies remain closely connected, as seen by the inclusion of Safe wallets in Gnosis’s most recent product offerings. Highlighted Crypto News Today: Top Crypto Performers After Ripple’s Partial Win Against SEC

LTC has shown positive momentum since mid-July 2022. The formation of an ascending triangle pattern suggests a potential trend reversal. LTCUSDT, the Litecoin to Tether trading pair, has experienced a notable journey in recent times. After showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021, the cryptocurrency faced a significant hurdle in surpassing its recent high of $413. This resulted in a bearish trend lasting nearly 14 months. However, LTC has shown positive momentum since mid-July 2022, recovering nearly 150% from its lowest point. In this analysis, we will delve into the current price action, identify an ascending triangle pattern, and discuss the potential implications for traders and investors. Impressive Performance and Key Levels LTCUSDT has been trading around the $91.99 level, displaying strong growth over time. Despite facing challenges in surpassing the $413 mark, the cryptocurrency has performed well historically. Key levels to monitor include $149.84 and $326.83, which could act as significant resistance or support levels. Additionally, a notable weekly demand zone is observed at $45, indicating potential buyer interest at that level. Current Price Action for Litecoin (LTC) Ascending Triangle Pattern and Potential Reversal: Within the weekly time frame, LTCUSDT has formed an ascending triangle pattern from April 18, 2022, to July 17, 2023. This pattern, combined with a recent volume spike, suggests a potential trend reversal and increased volatility. Traders should pay attention to this development, as it could indicate a shakeout of weak buyers and the emergence of a new bullish trend. Projected Targets and Breakout Potential of Litecoin Price Based on the range structure of the ascending triangle pattern, a measured move can be identified. If LTCUSDT breaks out above the resistance level at $110.80, it has the potential to reach Target 1 at $190 and Target 2 at $330. These levels represent potential price milestones if the bullish momentum continues and the breakout is sustained. While the ascending triangle pattern points towards a potential breakout and bullish scenario, caution is warranted. A bearish scenario would come into play if LTCUSDT breaks below the support level at $75. This would invalidate the bullish view and could lead to a shift in market sentiment. It is crucial for traders and investors to closely monitor the price action and adjust their strategies accordingly. The LTCUSDT trading pair has shown impressive performance in the past, recovering from a bearish trend and exhibiting positive momentum since mid-July 2022. The formation of an ascending triangle pattern suggests a potential trend reversal and breakout. Traders should carefully watch for a breakout above the resistance level at $110.80, which could propel LTCUSDT toward higher price targets. However, caution is advised, as a break below the support level at $75 could indicate a bearish scenario. Vigilance and adaptability will be key for traders and investors navigating the LTCUSDT market. Especially since the halving event is around the corner.

In the wake of a favorable court ruling in the Ripple vs. SEC case, XRP has witnessed an extraordinary surge in demand and trading activity. With over 1 million trades per minute globally, XRP has become the center of attention for investors worldwide. This unprecedented growth comes after a period of legal uncertainty and trading restrictions, positioning XRP for potential success in the cryptocurrency market. XRP’s Milestone: Over 1 Million Trades Per Minute Sparks Growth Visionary entrepreneur and self-proclaimed “Crypto Crusader,” known as Nick on Twitter, swiftly recognized the unparalleled growth potential inherent in XRP. Taking to social media, Nick expressed his awe at the surging demand for XRP, emphasizing its relentless upward trajectory in a tweet. With unwavering confidence, Nick firmly believes that this remarkable milestone is merely the inception of XRP’s extraordinary journey. Also, XRP experienced a significant surge in trading volume, reaching $10.4 billion on July 13. However, while this figure appears impressive, it is worth noting that it only ranks as the 76th largest volume in XRP’s history. This observation highlights the immense potential that XRP possesses, suggesting that the recent surge in volume may be just the beginning. A tweet from Leonidas, the host of the popular crypto YouTube channel XRPArcade, underscores this point, stating, “On July 13th, XRP’s volume spiked to $10.4 billion. Even though this seems like a big number, historically, this was XRP’s 76th largest daily trading volume recorded on CoinMarketCap (CMC). The highest was almost $37 billion on April 6th, 2021.” This historical context emphasizes that XRP has achieved even higher trading volumes in the past, indicating the potential for further growth. Daily Volume Surges 18-Fold Following Court Ruling And Exchange Relisting The court ruling that declared XRP as not a Security favored the altcoin as XRP witnessed a dramatic surge in trading volume, increasing from $613 million to $11.2 billion within a single day. The ruling by the Southern District Court of New York has reignited investor interest in XRP, leading major exchange platforms such as Coinbase, Kraken, and Crypto.com to relist the asset. The market responded with XRP’s value soaring by 85% from $0.47 to $0.87, with the token currently trading at $0.78 despite the market drawdown. Moreover, XRP’s market capitalization also experienced a substantial boost, reaching $40.8 billion within the past 24 hours. This surge propelled XRP to become the fourth largest cryptocurrency in terms of market capitalization, trailing only Bitcoin (BTC), Ether (ETH), and Tether USD (USDT). The derivatives market also witnessed increased interest, with funding rates and open interest for XRP derivatives reaching the highest levels of the year, indicating growing confidence among traders.

zkSync, an Ethereum Layer 2 scaling solution, has unveiled its latest mega upgrade, Boojum. Boojum upgrade brings several benefits to the table. The upgrade process of Boojum is designed to have no adverse impact on the network. Ethereum Layer 2 scaling solution zkSync has announced its latest mega upgrade, named Boojum, aimed at enhancing overall performance and efficiency. The upgrade introduces a STARK-powered proof system, enabling improved performance on consumer-grade hardware. Boojum includes the RUST-based cryptographic library, powering the upgraded ZK circuit version for zkSync Era and the ZK Stack. What are the benefits of zkSync’s new system The upgrade offers several benefits, including significantly higher efficiency with orders of magnitude beyond the current 100 transactions per second (TPS) capability. It also reduces hardware requirements, contributing to decentralization goals. zkSync aims to enable user-powered, decentralized proof generation, and Boojum is a step forward in that direction, with the prover running on consumer-grade GPUs and requiring only 16 GB GPU RAM. The upgrade process is designed not to have any negative impact on the network. Boojum is currently deployed on the mainnet, allowing the shadow-proofing of transactions for testing before full migration. The pursuit of dominance in Ethereum Layer 2 scaling platforms involves various solutions undergoing upgrades. zkSync’s Boojum upgrade coincides with the introduction of the Polygon zkEVM protocol, as both solutions strive to solidify their positions as leading Layer 2 protocols.

Bullish KAS price prediction for 2023 is $0.042983 to $0.062924. Kaspa (KAS) price might reach $0.1 soon. Bearish KAS price prediction for 2023 is $0.019261. In this Kaspa (KAS) price prediction 2023, we will analyze the price patterns of KAS by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Kaspa (KAS) Current Market Status Current Price $0.03371 24 – Hour Trading Volume $36,773,931 24 – Hour Price Change 11.46% Up Circulating Supply 19,683,605,138 KAS All – Time High $0.04238 (On April 02, 2023) KAS Current Market Status (Source: CoinMarketCap) What is Kaspa (KAS) ? Kaspa is a proof-of-work project based on the GHOSTDAG protocol. In contrast to conventional blockchains, GHOSTDAG does not disregard parallel blocks. All things considered, it permits them to coincide and arranges them in agreement. Basically, Kaspa is the Nakamoto Agreement in its most fundamental structure. There is no central governance or business model for the project. This indicates that it is community-based, open-source, and decentralized. Kaspa (KAS) Price Prediction 2023 Kaspa (KAS) ranks 211st on CoinMarketCap in terms of its market capitalization. The overview of the Kaspa price prediction for 2023 is explained below with a daily time frame. KAS/USDT Ascending Channel Pattern (Source: Tradingview) The above chart of Kaspa (KAS) laid out a ascending Channel pattern. An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. An ascending channel is used to show an uptrend in a security’s price. Ascending channels are short-term bullish in that a stock moves higher within an ascending channel, but these patters often form within longer-term downtrends as continuation patterns. At the time of analysis, the price of Kaspa (KAS) was recorded at $0.03371. If the pattern trend continues, the price of KAS might reach the resistance levels of $0.033985 and $0.042902. If the trend reverses, then the price of KAS may fall to the support of $0.027503, $0.024037, and $0.020194. Kaspa (KAS) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Kaspa (KAS) in 2023. KAS/USDT Resistance and Support Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as the resistance and support levels of Kaspa (KAS) for 2023. Resistance Level 1 $0.042983 Resistance Level 2 $0.062924 Support Level 1 $0.027551 Support Level 2 $0.019261 KAS Resistance & Support Level As per the above analysis, if Kaspa’s (KAS) bulls take the lead, it might hit and break through its resistance level of $0.062924. Conversely, if Kaspa’s (KAS) bears dominate the trend, the price of KAS might plunge to $0.019261. Kaspa (KAS) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Kaspa (KAS) are shown in the chart below. KAS/USDT RVOL, MA, RSI (Source: Tradingview) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Kaspa (KAS) was below the cutoff line, denoting weak participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the KAS price lies above 50 MA (short-term), indicating its upward. Hence, it can be concluded that KAS is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. Markedly, during analysis, the RSI of KAS is at 74.77. This denotes that KAS is in an overbought state. Kaspa (KAS) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Kaspa (KAS) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). KAS/USDT ADX, RVI (Source: Tradingview) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of KAS lies in the range of 18.384817 pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of KAS lies above 50, indicating high volatility. Comparison of KAS with BTC, ETH Let us now compare the price movements of Kaspa (KAS) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs KAS Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of KAS is similar to BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of KAS also increases or decreases respectively. Kaspa (KAS) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Kaspa (KAS) between 2024 and 2030. Kaspa (KAS) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Kaspa (KAS) might successfully test and surpass its resistance levels to hit $0.2 by 2024. Kaspa (KAS) Price Prediction 2025 The significant upgrades in the Kaspa ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Kaspa (KAS) price to reach $0.3 by 2025. Kaspa (KAS) Price Prediction 2026 If Kaspa (KAS) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.4. Kaspa (KAS) Price Prediction 2027 Kaspa (KAS) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, KAS would rally to hit $0.5. Kaspa (KAS) Price Prediction 2028 If Kaspa (KAS) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, KAS would hit $0.6 by 2028. Kaspa (KAS) Price Prediction 2029 If investors flock in and continue to place their bets on Kaspa (KAS) , then the crypto would witness major spikes. Hence, KAS might hit $0.7 by 2029. Kaspa (KAS) Price Prediction 2030 If the trend momentum aligns in favor of Kaspa, then the KAS price is expected to rally to $0.8 by 2023. Furthermore, KAS would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI. Conclusion If Kaspa (KAS) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Kaspa (KAS) price prediction for 2023 is $0.062924. Relatively, the bearish Kaspa (KAS) price prediction for 2023 is $0.019261. If there is a positive elevation in the market momentum and investors’ sentiment, Kaspa (KAS) might hit $0.1. With future upgrades and advancements in the Kaspa ecosystem, KAS might surpass its current all-time high (ATH) of $0.04238 on April 02, 2023 and mark its new ATH. FAQ 1. What is Kaspa (KAS) ? The native currency of the project is KAS, which is used for all on-chain transactions and the distribution of mining rewards. Since KAS is a Layer-1, rather than a token, it is referred to as a “coin.” 2. Where can you buy Kaspa (KAS) ? Traders can trade Kaspa (KAS) on the following cryptocurrency exchanges such as Bitget, LBank, BingX, KuCoin, and XT.COM. 3. Will Kaspa (KAS) record a new ATH soon? With the ongoing developments and upgrades within the Kaspa platform, Kaspa (KAS) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Kaspa (KAS) ? Kaspa (KAS) hit its current all-time high (ATH) of $0.04238 On April 02, 2023 5. What is the lowest price of Kaspa (KAS) ? According to CoinMarketCap, KAS hit its all-time low (ATL) of $0.0001699 on June 01, 2022. 6. Will Kaspa (KAS) hit $0.1? If Kaspa (KAS) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.1 soon. 7. What will be the Kaspa (KAS) price by 2024? Kaspa (KAS) price might reach $0.2 by 2024. 8. What will be the Kaspa (KAS) price by 2025? Kaspa (KAS) price might reach $0.3 by 2025. 9. What will be the Kaspa (KAS) price by 2026? Kaspa (KAS) price might reach $0.4 by 2026. 10. What will be the Kaspa (KAS) price by 2027? Kaspa (KAS) price might reach $0.5 by 2027. Top Crypto Predictions Sui (SUI) Price Prediction 2023 Terra Classic (LUNC) Price Prediction 2023 Bitcoin Cash (BCH) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

zkSync, a blockchain network that aims to make digital self-ownership universally accessible, has announced a major cryptographic upgrade to its proof system. The upgrade involves transitioning to a new STARK-based proof system called Boojum, which, according to the announcement, offers world-class proving performance and reduces hardware requirements for decentralization. zkSync Era Moves To Boojum Boojum is a Rust-based arithmetization and constraint library that implements the upgraded version of the ZK circuits for zkSync Era and the ZK Stack. The library offers several compelling properties, including PLONK-style arithmetization. PLONK-style arithmetization refers to the use of PLONK (Permutation-based Linear-based SNARKs for transparent, universal, and upgradable proofs) as the underlying zero-knowledge proof system. PLONK is a relatively new proof system that provides several advantages over previous systems, such as Sonic and Halo. Specifically, PLONK is designed to be more transparent, universal, and upgradeable, making it a good choice for zkSync’s upgraded proof system. According to the announcement, the move to a STARK-based proof system represents a dramatic performance improvement and will help ensure low latency for finality and support for increased levels of activity on zkSync Era and other ZK Stack-based systems. The GPU provers used for Boojum require just 16 GB (GygaByte) of RAM, a significant reduction from the hundreds of GBs of RAM needed by prevalent proof systems. By reducing the amount of RAM required to run the GPU provers from hundreds of GBs to just 16 GB, zkSync will be able to use cheaper machines for increased horizontal scalability. This will likely have a positive impact on the cost of using zkSync. This means that more people will be able to participate in the network and contribute to its decentralization, ultimately leading to a healthier and more robust network. Furthermore, to ensure a smooth transition, zkSync is running the new proof system alongside the existing one in a testing phase called mainnet shadow mode. The network is generating and verifying “shadow proofs” for Mainnet blocks to further test and optimize the system with real production data from zkSync Era’s user activity. This testing is being done off-chain to find edge cases and bugs, and to continue reviewing the implementation. zkSync is also open-sourcing the Boojum codebase to allow anyone to use the new proofs and verify them using a command-line interface (CLI) tool. The network is confident that Boojum and its commitment to innovation and user-first design are the next steps forward for a more secure, scalable, and efficient zkEVM. However, according to the announcement, the migration to the new proof system will only happen after further audits and security reviews are completed. Overall, the move to Boojum is a significant step towards a future of user-powered, decentralized proof generation. The increased performance and reduced hardware requirements will help zkSync and other ZK Stack-based systems achieve greater scalability and accessibility, making digital self-ownership more accessible to everyone. Featured image from Unsplash, chart from TradingView.com

Coinciding with its upcoming 2nd anniversary, Lovely Inu Finance launches its native exchange platform. The native token LOVELY recorded a 24-hour price gain of over 12%. Marking the approach of its second anniversary, Lovely Inu Finance, a hybrid crypto platform, has now officially rolled out its native exchange — Lovely Exchange. In addition to this, the project has lined up 15 prominent exchange listings. Remarkably, its native decentralized wallet Lovely Wallet listed Pink BNB (PNB), an emerging AI-based altcoin. It also captured the attention of the memecoin community by listing Baby Doge Coin (BABYDOGE) and several other cryptocurrencies such as DollarSqueez (DSQ), and Elvish Magic (EMP). Lovely Inu Finance (LOVELY) Soars 60% In the past 24 hours, the price of Lovely Inu Finance (LOVELY) exhibited 11.78%. Accompanying this surge, the memecoin’s daily trading volume spiked over 60%, marking its new weekly high at $2.5 million. This highlighted the soaring interest of crypto investors toward LOVELY. Lovely Inu 24Hr Price Chart (Source: CoinMarketCap) At the time of writing, according to CoinMarketCap, Lovely Inu Finance (LOVELY) traded at $0.000000261 with a market cap of $17,847,014. Apparently, the current circulating supply of Lovely Inu has reached 93% of its cap, accounting for more than 69 trillion. The meme-based altcoin experienced this skyrocketing surge post the launch of its exchange. Furthermore, the daily trading volume shows the rising engagement of the memecoin community. With the objective of offering high security, diversified assets, and multi-special trading tools, the Lovely Exchange positions itself as a revolutionary crypto platform. To commemorate its second year in the crypto market, the project is initiating one of the loudest promotion campaigns on social media.

Ripple case awakened the altcoin season with a huge impact. The crypto market skyrocketed with an effective performance. As the altcoin season persists, there is a list of the cryptocurrencies that performed well over the week. The Ripple case has let the crypto market drive enormous growth surpassing its economic value. Get to know the top four of the largest gainers and the list goes with XRP, Solana, Stellar, and Arbitrum. Ripple (XRP) With a strongly determined conclusion of having a partial win against the SEC, XRP has led an effective market change with an exclusive price change. The overall market capitalization of XRP has reached $38.6B as per the stats. Also, the price change hit more than 56.5% compared to its original price. Solana (SOL) Next on the list comes, SOL with a $11.1B increase in market capitalization. The price change of SOL has increased by more than 32.7% from its original value. And, this ranks the second top gainer in the crypto market. On Monday, the current market price is $27.25 with a decrease of 3.88% and a drop in its market capitalization and trading volume. Stellar (XLM) Thirdly, the XLM is nearly the second gainer but turned the third one with more than 29.6%. The price change has lit the market with a $3.5B market capitalization. The crypto platform is grabbing effective engagement among the crypto investors and the reason behind lies the legal battle settlement. Arbitrum (ARB) ARB has crossed $1.65B market capitalization with the productive growth hitting 17.2% in the price change. And now, the current market price stands at $1.30 with a 0.17% increase compared to the last 24 hours. Yet, the traders are active with 54.26% worth $412M in the account. In overall, the long-lasted case between Ripple and SEC has played a vital role in the whole crypto industry to surge and skyrocket the price and trading in maximum numbers. Thereby, XRP hit a huge sixer which surpassed the market value to its peak. Related Crypto News Today: Hot Altcoins Heating Up: July 2023’s Top 5 Crypto Gems Revealed

It is unlikely that the whale in question is an actual currency exchange. The wallet has received payments from a wide variety of locations. Around 1 billion SHIB tokens have been burned last week. Arkham, a blockchain intelligence platform, has detected a transfer of a remarkable 5.2 trillion Shiba Inu (SHIB). Some of the anonymous wallets getting the SHIB for the first time received cash from a whale address, each worth around $3 million. During a moment of low volatility for the meme currency, this massive transfer of SHIB tokens has raised eyes and spurred intrigue throughout the sector. Furthermore, it is unlikely that the whale in question is an actual currency exchange. This wallet has received payments from a wide variety of locations, including bulk sender services, Coinbase wallets, and the widely used NFT marketplace OpenSea, as seen by the wallet’s transaction history. The movement of so many SHIBs to new locations raises questions about a possible strategic maneuver. Several Possibilities Several possibilities exist when considering the current state of the market and the origin of these funds. The whale may be attempting to reduce their exposure to risk by diversifying their portfolio. One way to safeguard one’s SHIB holdings from losses due to hacking or theft is to distribute them across many different wallets. Another possibility involves liquidity provision. Because of the high returns offered by many decentralized exchanges and DeFi protocols, the whale may be gearing up to supply liquidity to these markets. Moreover, this week has been good for the memecoin as the Shiba Inu (SHIB) army waits for the August debut of Shibarium. According to data compiled by Shibburn during the last week, around 1 billion SHIB tokens have been burned. Highlighted Crypto News Today: Top Crypto Performers After Ripple’s Partial Win Against SEC

On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner Reserve Has Been Declining In The Last Two Weeks As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve has been observing outflows recently. The “miner reserve” here refers to the total amount of Bitcoin that the miners as a whole are holding in their wallets right now. When the value of this metric goes up, it means that these chain validators are transferring coins into their addresses currently. This kind of trend can be a sign that the miners are accumulating, and hence, can be bullish for the price of the asset. On the other hand, the indicator trending down suggests the miners are taking BTC out of their wallets at the moment. Generally, these investors withdraw coins from their reserve for selling-related purposes, so such a trend can have bearish consequences for the cryptocurrency’s value. In the context of the current discussion, the miner reserve itself isn’t of interest, but rather its “rate of change” (ROC) is. This metric keeps track of the percentage changes in the miner reserve over a specific period. Here, the relevant period is the 14-day one. Now, below is a chart that shows the trend in the 14-day ROC of the Bitcoin miner reserves over the last few months: As shown in the above graph, the 14-day ROC of the miner reserve had been green last month as Bitcoin had rallied above the $30,000 level. These positive values of the indicator imply that the miner reserve had been rapidly going up. The timing of these positive ROC values could suggest that the accumulation from the miners might have provided support for the surge in the cryptocurrency’s price. In the first week of this month, though, the metric turned negative, implying that the miner reserve started to decline. The miners look to have continued to withdraw coins from their wallets since then, as the indicator’s value has remained red. The Bitcoin price has been struggling in this period, as it hasn’t been able to mount up any significant moves. It would appear that this selling from the miners (if the withdrawals are indeed happening for selling) might be one of the factors behind the asset stalling in the past couple of weeks. Since the 14-day ROC of the miner reserve has continued to be at notable red values recently, it’s possible that these chain validators aren’t letting up their selling just yet. So far, the price has continued to hold on above the $30,000 level, implying that there may be enough demand in the market to absorb any selling from the miners for now. However, if the miners continue to sell into the near future, it’s possible the asset may buckle and the price could face a drawdown. BTC Price At the time of writing, Bitcoin is trading around $30,000, down 1% in the last week.

On-chain data shows the stablecoin exchange deposits have remained low recently. Here’s what this may mean for Bitcoin. Stablecoin Exchange Deposits Stay Low, While Withdrawals Jump As pointed out by an analyst in a CryptoQuant post, the fact that the stablecoin exchange withdrawals have spiked while deposits have stayed low may be slightly alarming for BTC. There are two indicators of relevance here: the “stablecoin exchange withdrawing transactions” and the “stablecoin exchange depositing transactions.” As their names already imply, these metrics track the total number of withdrawals and deposit transfers, respectively, that investors of the ERC-20 stables are making right now. Generally, investors seek the safety of these fiat-tied tokens whenever they want to escape the volatility associated with the other assets in the sector. Eventually, when these holders think that the prices are right to jump back into the volatile markets, they swap their stables back for their desired cryptocurrency. These investors usually make use of centralized exchanges for this purpose. So, when the exchange withdrawing transactions are high, it can be a sign that holders are exchanging coins like Bitcoin for stablecoins right now. On the other hand, the deposits being high can imply these investors are looking to buy volatile assets using their stables. Naturally, in the former case, Bitcoin and others may feel a bearish effect from the selling, while in the latter case, the prices might see a bullish boost. Now, here is a chart that shows the trend in the stablecoin exchange withdrawing and depositing transactions over the past couple of years: As displayed in the above graph, the stablecoin exchange depositing transactions metric has been relatively low for a while now. This would suggest that there may not be enough demand for converting stables into other assets right now. From the graph, it’s visible that the last time the indicator spiked was back in March of this year. Following the deposits back then, Bitcoin observed a sharp rebound in its price as the rally saw a revival. The timing of these inflows might mean that it was the buying from these stablecoin holders that had provided the fuel for the BTC surge. In the graph, the quant has marked other similar past instances as well. It looks like the BTC price generally observes a rise after stablecoin deposits spike, given that the withdrawals are low at the same time. Recently, however, only the stablecoin withdrawals have observed a spike, implying that investors are taking these tokens away from exchanges, likely to hold onto them for extended periods in self-custody. As there aren’t any deposits happening to counteract this, the BTC price has been struggling recently. If the trend continues and more stablecoin withdrawals continue to take place, it’s possible that the cryptocurrency could take a hit in the short term. Bitcoin Price At the time of writing, Bitcoin is trading around $30,200, up 1% in the last week.

Xangle, a prominent web3 data and intelligence platform located in South Korea, has forged a strategic agreement with Republic Crypto, a leading US-based advisory organization that assists global firms in effortlessly entering the web3 arena. So far, Xangle has mostly concentrated on providing Korean businesses with web3 data, intelligence, and advisory services, equipping them with the necessary tools and information to make wise choices about their web3 strategy and how to apply it to their business models. Through this strategic relationship, Republic Crypto’s recognized expertise in web3 execution is now available to Xangle customers, giving them access to a broad toolbox that includes setting up blockchain infrastructure, managing digital assets, tokenomics design, and more. With this strategic alliance, Xangle and Republic Crypto are better positioned to support businesses as they adopt web3 technologies and seize opportunities in the rapidly changing digital and financial world. Utilizing the combined knowledge and committed assistance of both organizations, they allow enterprises in Korea and other Asian technology centers to grow into the decentralized frontier. With the help of this collaboration, businesses can successfully traverse the web3 space and realize the full potential of a future that is becoming more decentralized.

WASHINGTON–(BUSINESS WIRE)–Building off a decade-plus of helping the most cutting-edge and ambitious companies succeed by solving major regulatory and public affairs challenges, Tusk Strategies today announced the launch of a new practice area focused on helping companies and states navigate and leverage funding mechanisms created through the CHIPS and Science Act. The practice group will be led by Managing Director Bernadette Carrillo, who joined the firm earlier this year after most recently serving as Director of Intergovernmental Affairs to Secretary Raimondo in the U.S. Department of Commerce. In that role, Carrillo helped build the CHIPS program by advancing legislation on the Hill and through engagement with governors and with respect to how state and local incentives would factor into CHIPS implementation and funding applications. Prior to her service in that role, Carrillo served as Director of Strategic Partnerships to Assistant Secretary of Economic Development Alejandra Castillo at the Economic Development Administration, a U.S. Department of Commerce bureau. Previously, Carrillo was Senior Associate Director in the Office of Presidential Personnel at the White House, Agency Outreach and Appointments Lead for the Biden-Harris Transition Team, and as Senior Government Affairs Manager at PepsiCo. Key functions of Tusk’s CHIPS Practice will include: Navigating application processes with CHIPS Program Office and client advocacy with the Biden administration; State engagement regarding incentive scoping and site selection identification as well as workforce development and public-private partnerships Advocacy among critical Members of Congress and respective delegations to advance client objectives and mitigate risk to the business; and Developing community coalitions in respective states to support application and continued operations. Said Cristóbal Alex, Head of Tusk’s DC Office, “Few can tout being ‘in the room’ as one of the most economically transformative industrial policies in our country’s history has been implemented. But Bernadette was – and continues to be – a leader on the future of semiconductor policy and how forward-thinking companies can dramatically grow their business through the CHIPS Act.” Said Bernadette Carrillo, “The impact of the CHIPS Act is just starting to be felt and nothing short of our economic and national security is at stake. As states build ecosystems to compete for a growing domestic semiconductor industry, I’m excited to work with current and future clients to ensure they maximize their return on their critical investments in our workforce and technological leadership.” The launch of the CHIPS Act Practice is the latest milestone for Tusk, which has included launching new offices in Washington, DC and Los Angeles, expanding its presence in New York through senior hires, including former Chief of Staff to the NY Senate Majority Shontell Smith, as well as building new subject matter-specific practice areas, including Crypto + FinTech. Tusk’s investment in each announcement is geared towards helping clients build their brands with thought leadership and earned media; gain market share with cutting edge commercial strategies; and solve complex “bet the company” regulatory challenges.. Tusk Strategies is led by CEO Chris Coffey, a Bloomberg administration alum and political affairs advisor to Fortune 500 c-suites. The firm was founded by venture capitalist, philanthropist and political strategist Bradley Tusk. To learn more about Tusk Strategies, visit TuskStrategies.com. Contacts Alex Sommer; [email protected]

FLOKI: Top NFT project, 2.67K social mentions, significant community engagement. SAND: 1.83K social mentions, high social dominance (0.78%). As the popularity of non-fungible tokens (NFTs) continues to rise, the social engagement surrounding these digital assets has become a key indicator of their success. Lunar Crush, a leading social analytics platform, has provided insights into the top NFT projects based on social mentions and activity. This article explores the NFT projects that have generated significant social buzz and dominance in 2023. Floki (FLOKI) With 2.67K social mentions, FLOKI has emerged as a prominent NFT project in terms of social activity.Sources reveal that its unique offerings and captivating content have garnered attention from NFT enthusiasts. Despite its relatively low social dominance of 0.10%, FLOKI’s consistent engagement suggests an active community which made it come under top NFTs project. The Sandbox (SAND) The Sandbox, with 1.83K social mentions, has captured the interest of NFT enthusiasts. The project boasts a social dominance of 0.78%, indicating a significant “share of voice” across social media platforms. SAND’s immersive metaverse and user-friendly features could have contributed to its growing popularity among NFT collectors and creators. STEPN (GMT) With 942 social mentions and a social dominance of 0.41%, GMT has established itself as a noteworthy NFT project. It builds a dedicated community through innovative approach to digital art and collectibles has attracted a dedicated community. GMT’s listing in the top NFTs project reflects the growing interest in its unique offerings. Axie Infinity(AXS) AXS, with 875 social mentions, has gained attention in the NFT space. Failing at social dominance by standing at 0.18%, AXS has managed to stay in top through its gaming-related NFTs. The project’s integration of blockchain technology and interactive experiences has resonated with users. DigiByte(DGB) DigiByte has garnered 820 social mentions which indicates its active community engaged with its NFT offerings. With a social dominance of 0.20%, DGB has established its presence in the NFT market. Netizens reveal that distinct features and use cases have contributed to its social traction. Decentraland(MANA) Decentraland has 664 social mentions which seems to have attracted attention with its virtual world and decentralized applications. With its unique exploring metaverse made it to the top NFTs projects which hides the lower social dominance of 0.17% behind.Adding to the engaged community list, Decentraland brightens among others. Verasity(VRA) Verasity has achieved 644 social mentions.While its social dominance stands at 0.15%, VRA’s engagement highlights its potential for growth and the interest surrounding its unique offerings. Nakamoto Games (NAKA) NAKA, with 584 social mentions, has garnered interest in the NFT market. Despite being part of a lower social dominance team of 0.05%, NAKA has constant engagement and showcases its potential as an up-and-coming player in the NFT space. ApeCoin (APE) ApeCoin , the infamous NFT with 533 social mentions, has generated buzz despite its shocking lower social dominance of 0.02%. It is also noteworthy that ApeCoin had high price fluctuations recently. But NFT offerings and community-driven initiatives have maintained their dedicated following.. Conclusion The world of NFTs continues to evolve, and social activity serves as an important gauge of a project’s popularity and community engagement. The top NFT projects of 2023, based on social mentions and dominance, highlight the diversity and creativity within the NFT space. These projects have successfully captured the attention and interest of users, contributing to the ongoing growth and development of the NFT market.