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Turning a small investment into a life-changing sum is the dream of many crypto enthusiasts. Meme coins have shown the potential to deliver extraordinary returns in a short time. Some emerging tokens are capturing attention with the possibility of explosive growth, offering chances to multiply an initial stake many times over. XYZVerse (XYZ), a pioneering memecoin merging sports fandom and internet culture, aims for huge growth by creating a community-driven platform where enthusiasts can engage and benefit. The All-Sports Meme Token You Can’t Afford to Bench! XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding – and your rewards will slam dunk through the roof! >>>XYZ presale is your first-quarter chance to get in before the mind-blowing explosion!<<< In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE. Forget about BOME’s 5,000% rise or WIF’s 1,000% rally – XYZ is here to outscore them all! With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here – get in before the crowd storms the field, and you’ll be sitting on way bigger returns! >>Don’t be left on the bench – grab your XYZ tokens now and be part of the next massive crypto championship!<< Shiba Inu (SHIB) Shiba Inu (SHIB) is a cryptocurrency that started as a joke but is now turning heads. Inspired by Dogecoin, it sets itself apart by running on the Ethereum blockchain. This means it can work with many other apps and tools in the Ethereum world. Launched in August 2020 by someone named Ryoshi, SHIB began with a whopping one quadrillion tokens. Half of these tokens were given to Vitalik Buterin, one of the creators of Ethereum. He donated a big chunk to help with COVID relief in India and destroyed (or “burned”) 40% of the total tokens, making the remaining SHIB more valuable. Unlike Dogecoin, SHIB’s connection to Ethereum allows it to do more than just be a meme. It has its own decentralized exchange called ShibaSwap, where people can trade tokens without a middleman. SHIB also plans to introduce its own platform for digital art (NFTs) and a system where holders can vote on decisions (a DAO). These developments show that SHIB wants to be more useful. In the current market, where people are looking for coins with real-world uses, SHIB’s plans could make it more attractive to investors compared to other meme coins. Dogwifhat (WIF) Dogwifhat (WIF) is the latest dog-themed meme coin catching attention on the Solana blockchain. Inspired by the viral Dogwifhat meme, this coin embraces the fun and quirky side of internet culture. Meme coins like WIF are known for building strong communities around shared jokes and viral trends. They stand out by turning internet memes into digital assets, creating a sense of camaraderie among holders who enjoy being part of something humorous and light-hearted. What makes WIF interesting is its potential to grow within the vibrant Solana ecosystem. Solana’s fast and low-cost transactions could give WIF an edge over meme coins on other platforms. In a market where meme coins like Dogecoin and Shiba Inu have shown that community and hype can drive significant attention, WIF might attract those looking for the next big thing. While the crypto market is always unpredictable, and meme coins are especially volatile, the unique charm of Dogwifhat could make it an appealing choice for enthusiasts who appreciate both memes and the potential for high-risk, high-reward investments. Dogecoin (DOGE) Back in 2013, Dogecoin started as a joke. Billy Marcus and Jackson Palmer created it as a fun alternative to serious cryptocurrencies like Bitcoin. With a Shiba Inu dog as its logo, it quickly caught the internet’s attention. Unlike Bitcoin, which is scarce, Dogecoin was made to be abundant. New coins are mined every minute, and there’s no cap on how many can exist. In 2021, something surprising happened. Dogecoin’s value soared, reaching over $50 billion in market cap. Social media buzz, especially from Elon Musk, turned this meme coin into a top ten cryptocurrency. Now, people are asking if Dogecoin has real potential. Its technology isn’t as advanced as some newer coins, but its strong community keeps it going. The limitless supply might seem like a problem, but it also means Dogecoin can stay affordable. In the current market, where many look for the next big thing, Dogecoin stands out for its simplicity and charm. While it may not have the cutting-edge features of other cryptocurrencies, its popularity and the backing of influential figures make it interesting to watch. Whether it’s a good investment now depends on where you think the market is headed, but Dogecoin’s journey shows that even a joke can turn into something serious. Pepe (PEPE) PEPE is a new memecoin launched on Ethereum as a tribute to the famous Pepe the Frog internet meme created by Matt Furie. Embracing its roots, PEPE keeps things simple and fun, appealing to the crypto community with a no-tax policy and by being upfront about its lack of utility. In late April to May 2023, PEPE experienced an explosive surge, with its market cap reaching a peak of $1.6 billion. Early holders saw astonishing gains, and the coin attracted a strong community of like-minded enthusiasts. The rise of PEPE has sparked what some call a “memecoin season,” with other meme-based cryptocurrencies experiencing wild price swings. PEPE’s roadmap includes listings on major exchanges and a planned “meme takeover.” With the upcoming Bitcoin halving and hopes for a new bull run, many are keeping a close eye on PEPE. While it’s uncertain how the coin will perform in the long term, its rapid ascent and dedicated following suggest it could continue to make waves in the current market cycle, much like Dogecoin and Shiba Inu did before it. Conclusion SHIB, WIF, DOGE, and PEPE have strong potential, but XYZVerse combines sports and meme culture, aiming for massive growth and community-driven success. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
TON climbs 11% weekly to reach $5.5, highest since October 21 Historical In/Out of Money shows 21.91 million addresses now profitable TON could rally to $6.15 with support at $4.92 Toncoin demonstrates renewed market strength as profitability metrics improve amid broader market recovery. Recent price action suggests potential for continued appreciation as technical indicators align with improving holder statistics. Toncoin on-chain metrics Toncoin wallet analysis reveals significant shifts in profitability distribution, with 22.81% of addresses currently showing unrealized gains while 18.31% reach breakeven status. The remaining 58.88% of holders await price recovery to reach their entry points, potentially providing future buying pressure. Source: IntoTheBlock Money Flow Index readings indicate strengthening buy-side momentum on daily timeframes, supporting the recent price appreciation. This technical confirmation aligns with improving market sentiment as total cryptocurrency market capitalization approaches $2.75 trillion. Toncoin price activity encounters immediate resistance at $5.28 while maintaining crucial support levels at $4.92 and $4.78, according to Fibonacci retracement analysis. These technical levels provide the foundation for potential continuation toward the $6.15 target, assuming the current market structure holds. The convergence of improving holder profitability and technical formations creates compelling evidence for sustained recovery in TON’s market position. These factors suggest careful monitoring of volume patterns remains essential for confirming momentum continuation. Trading dynamics around established support levels will likely determine TON’s ability to maintain recent gains as market participants balance improving fundamentals against potential profit-taking at resistance zones. Market participants now focus on defense of key support levels at $4.92 and $4.78, recognizing potential invalidation of bullish scenarios could trigger retracement toward $4.46.
 
As SHIB hints at a potential upswing fueled by expanding investor interest, the crypto market is abuzz with speculation about which tokens might be next to soar. Traders and enthusiasts are watching closely for digital currencies that combine popular themes with vibrant communities, anticipating significant growth opportunities in emerging assets. Enter XYZVerse (XYZ), an innovative memecoin uniting fans across football, basketball, MMA, and esports. By blending meme culture with sports passion, XYZ aims to surpass recent success stories with its unique community-driven ecosystem. Score Big with XYZ: The New Meme Coin Heavyweight The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake. Own the field, earn while the crowd plays XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action. Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption. Missed meme coin supercycle? By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records! Rallying the community, securing the win XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community. >>The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity!<< Shiba Inu (SHIB) Shiba Inu (SHIB) is a cryptocurrency that started as a joke but is now turning heads. Inspired by Dogecoin, it sets itself apart by running on the Ethereum blockchain. This means it can work with many other apps and tools in the Ethereum world. Launched in August 2020 by someone named Ryoshi, SHIB began with a whopping one quadrillion tokens. Half of these tokens were given to Vitalik Buterin, one of the creators of Ethereum. He donated a big chunk to help with COVID relief in India and destroyed (or “burned”) 40% of the total tokens, making the remaining SHIB more valuable. Unlike Dogecoin, SHIB’s connection to Ethereum allows it to do more than just be a meme. It has its own decentralized exchange called ShibaSwap, where people can trade tokens without a middleman. SHIB also plans to introduce its own platform for digital art (NFTs) and a system where holders can vote on decisions (a DAO). These developments show that SHIB wants to be more useful. In the current market, where people are looking for coins with real-world uses, SHIB’s plans could make it more attractive to investors compared to other meme coins. Conclusion SHIB and others are strong, but XYZVerse (XYZ) combines meme culture and sports, aiming for 20,000% growth and offering early adopters a unique, community-driven ecosystem. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
Renowned economist Henrik Zeberg has released a technical analysis of Dogwifhat (WIF) on X, forecasting a massive 2,500% price surge for the memecoin. According to Zeberg’s analysis, WIF is poised for a significant rally, potentially reaching $78, driven by a larger ABC pattern and a series of smaller subwaves. How Dogwifhat (WIF) Price Could Hit $78 Zeberg’s weekly WIF/USDT chart illustrates a large ABC corrective pattern, a fundamental structure in technical analysis that indicates a retracement phase within a broader bullish trend. This ABC pattern, according to Zeberg’s analysis, could eventually culminate at point C around $78. This target is based on the completion of the larger ABC structure, with the price reaching new highs once the correction phase concludes which he describes with the words “economy catches up with bull market.” Within this larger ABC structure, Zeberg also maps out a series of five smaller waves, which are part of the overall upward momentum in the market. These five waves align with the principles of Elliott Wave theory, a method used to predict price movements based on market psychology. In Zeberg’s chart, the five waves (labeled 1 through 5) represent the early stages of the price rally, with the first wave being the initial breakout, and the subsequent waves following through with increasingly higher price points. The first wave drove the WIF price to a high of $3.04, followed by a correction in the second wave that brought it down to $2.00. With the correction now complete, Zeberg predicts that WIF could catapult to $6.59. For wave 4, Zeberg anticipates a dip to $4.59 before the memecoin takes off towards $15.24. The chart also highlights important Fibonacci retracement and extension levels, which Zeberg uses to project potential support and resistance zones as WIF progresses. The 2.618 Fibonacci extension level, positioned around $6.59, aligns with Zeberg’s immediate short-term target. Following this, higher extension levels at 3.618 and 4.618 ($11.96 and $21.69, respectively) suggest further upward momentum, which could take the price to the anticipated $78 target if the market continues to follow this trajectory. Zeberg’s prediction for the near term includes a price movement towards $6.3 by the end of this week, followed by a brief pullback. From there, he expects WIF to climb towards $13-$15 by late November or early December. These intermediate price targets are key milestones in the larger cycle that will eventually lead to the projected price of $78, marked by the completion of the ABC pattern. Zeberg writes via X: “Could we see ~6.3 USD by end of week. Then pullback before move to ~13-15 USD by end of November – early December? If WIF manages these steps – well then ~78 USD is a probable target. I’m extremely BULLISH!!!!” At press time, dogwifhat traded at $3.079.
 
The Bitcoin price trajectory has been nothing short of impressive since the beginning of November. Notably, Bitcoin has been up by about 20.8% from its November low of $67,690, which has allowed it to break into new all-time highs successively. Interestingly, technical analysis of the Bitcoin price suggests this uptrend isn’t stopping soon, and Bitcoin holders can continue to expect gains as the year draws to a close. According to crypto analyst Tony “The Bull” Severino, CMT, the SuperTrend indicator is now pointing to a bullish continuation for the Bitcoin price. What’s more intriguing is the fact that this marks the first time the indicator is rising after 34 weeks of sideways movement. SuperTrend Indicator Points To Bullish Continuation Crypto analyst Tony “The Bull” Severino has added further weight to this positive outlook surrounding the Bitcoin price. According to his analysis, the recent bullish price action has seen the SuperTrend indicator, an indicator often used to gauge market direction, trending upwards for Bitcoin on the weekly timeframe. Interestingly, technical analysis of the Bitcoin price chart on the weekly candlestick timeframe shows that the SuperTrend indicator had been moving horizontally since March 2024 up until recently. Throughout this period, the indicator held steady despite volatility, even during Bitcoin’s downward spike in August, when Bitcoin dipped to $49,600. Even then, Bitcoin managed to recover, finding support on the weekly SuperTrend line. Next Target For The Bitcoin Price Recent market dynamics have seen the Bitcoin price reeling in bullish sentiment. To put this in context, the Bitcoin price has been trading within a range of $78,649 to $81,800 in the past 24 hours, with a trading volume of $83.7 billion, according to CoinGecko. As such, Bitcoin now has an all-time high of $81,800 at the time of writing, although it has corrected a bit and is currently trading at $80,965. Now, with the SuperTrend indicator turning upward, there is a renewed sense of optimism for Bitcoin’s price trajectory. As noted by Tony Severino in another post on social media platform X, the recent uptrend has seen Bitcoin kicking off a new upside move within an uptrend channel that has been in formation since October 2023. Interestingly, the first guaranteed target in light of this upside move is in the middle of the uptrend channel, which Severino highlighted to be $100,000. With Bitcoin currently trading at around $81,000, this target represents a further increase of about 23.5%. However, if the Bitcoin were to reach the upper trendline of this uptrend channel, it would see it reaching the $170,000 price threshold, which would represent a 110% increase from the current price.
 
The leading cryptocurrency on the market, Bitcoin (BTC), hit a new all-time high of $84,000 on Monday amid increased inflows into the digital asset market and expectations for further gains in the final months of the year. This surge comes in the wake of Donald Trump’s recent victory over Democrat candidate Kamala Harris in the US presidential election, with Bitcoin experiencing a 23% increase over the past week and a 5.5% rise in the last 24 hours. Optimism Grows For $100,000 Bitcoin Bloomberg reports that as Bitcoin hits a new record high, options traders are now targeting the $100,000 mark, speculating that it could be reached before the end of the year. Traders on options exchange Deribit are particularly active, with large bets being placed on Bitcoin reaching this milestone. A notable $100,000 call option set to expire on December 27 has garnered significant attention, with reports indicating that it has already increased in value by 30%. Nick Forster, founder of Derive, a decentralized finance protocol for options trading, commented, “We’re witnessing some significant movements in the wake of the US election.” As of Monday morning in London, there was approximately 9,635 Bitcoin—valued at around $780 million—in open interest tied to bets on Bitcoin hitting $100,000 by the December expiration. According to Bloomberg, this represents the highest amount of capital riding on any single trade for that expiry date, with Deribit estimating an 18.6% probability of this trade paying off. Uptrend Linked To Anticipated Regulatory Changes Under Trump Le Shi, managing director at market-making firm Auros in Hong Kong, noted that the current uptrend in the broader market is due to a number of promises made by Trump during the election campaign. These include making Bitcoin a strategic reserve asset for the US, firing the chairman of the US Securities and Exchange Commission (SEC) on his first day in office and introducing a clearer regulatory framework to support the market’s growth. Shi believes that the combination of favorable market conditions, growing institutional interest, and a supportive regulatory environment under Trump’s administration could create a conducive backdrop for further price appreciation. At the time of writing, BTC is trading at $84,122. Featured image from DALL-E, chart from TradingView.com
 
Sonic SVM is happy to announce that its Web3 Applayer, Sonic X has surpassed a critical milestone of 1 million KYC-verified users, representing a pivotal success in Web3 adoption via TikTok. This milestone emphasizes Sonic’s dedication to establishing solid infrastructure and a user-friendly distribution platform, Sonic X, which allows TikTok users to simply interact in the decentralized web and explore blockchain-powered apps. With the help of Sonic X, a TikTok native game based on Sonic SVM, users can quickly find and engage with a variety of Web3 games in the comfortable setting of TikTok. The Sonic X team has made full use of account abstraction, resulting in a smooth and easy onboarding process for users who are not crypto-native. Although a Solana wallet is created automatically on the backend, users can play the games available on Sonic X without ever leaving the TikTok app by logging in with their TikTok account. Chris Zhu, Co-founder and CEO of Sonic stated: This significant growth has been facilitated by the Applayer’s distinctive features, which include an aggregation page for Web3 games, an interactive scoreboard for Sonic X’s popular tap-to-earn game, and a task page where players can perform tasks for prizes. Sonic is positioned as a leader in Web3 gaming and social media engagement thanks to these tools, which create a rich and rewarding environment for users. The first game to be released on Sonic X to access the TikTok Applayer ecosystem was recently announced by Sonic. This milestone opens the door for a wider adoption of Web3 and decentralized technologies by reaffirming Sonic SVM’s dedication to innovation and user engagement. With more plans to expand the Applayer’s functionality and incorporate more Web3 applications that empower users, Sonic is continuing to build on this success. Go to the official Sonic SVM website to learn more about the Applayer.
 
The cryptocurrency market is full of noise as many major altcoins are expected to break required levels and reach all-time highs (ATH). Solana, Dogecoin, and Cardano are coins that analysts expect to be the stars as we enter the new year. The forecast is based on broad factors, such as the onset of a bull trend, fresh technical setups, and increased demand for blockchain applications. There is a strong possibility that these coins will be breaking new ATH, and their projections for January 2025 are also strong. To add to the mix, Rexas Finance (RXS) seems to be aiming big and could beat all of them in the next cycle. Solana (SOL): Ready to Move Big Currently, the price of Solana stands around $187.47 with a market capital of $88.3 billion as of 6 November 2024. Technically speaking, SOL appears to be forming a rounding bottom, a commonly known bullish reversal sign that often appears at the end of a downtrend as buying pressure resumes. In a positive turn of events, SOL is appreciably close to dethroning its previous all-time high of $260. Predictions regarding Solana’s movements in 2025 appear to be very favorable, considering the estimates regarding its value could see it starting somewhere between the range of $170 and $265. This is not surprising, given the firm fundamentals of the coin. As one of the most efficient blockchains available, the supply of Solana keeps rising, making it suitable for DeFi applications as well as NFT marketplaces. The strong interest in Solana from developers poses a positive scenario for the future, with increasing demand as it can process numerous transactions at a low cost. Dogecoin (DOGE): Rising on Community Support At the time of writing, Dogecoin is priced at $0.1945, with a total market cap of $28.5 billion. A vast chunk of the population still continues to support the token. A similar pattern can also be seen in the Dogecoin chart: a rounding bottom pattern, which signifies the confidence investors have and the momentum building towards it surpassing its previous highs. Given its history of being endorsed by many notable figures and its community-powered market, if the current market setup persists, Dogecoin may see a breakout. Considering Dogecoin’s distinct appeal in the market along with its devoted followers, the prediction is that by early 2025 it would be able to rise to new levels. The target price of DOGE has been set to open at $0.345, with a high of $0.567. While speculative, Dogecoin’s network continues to receive traction in transactional usage, especially for small transfers and tipping, strengthening its proposition as a quick and cheap currency for transactions. Cardano (ADA): Here For Long Term Expansion Cardano, priced at $0.35, has a market cap of around $11.98 billion. ADA is currently undergoing a price-neutral change, with the Fear & Greed Index at 69, indicating that buyers are still looking to buy Cardano coins. Cardano’s last notable price increase occurred during the bull market of 2020, and predictions for this unyielding asset are 20x higher than its current value by January 2025. Experts say Cardano is expected to witness another price surge during the first quarter of 2025. Due to its strong focus on a rigorous, peer-reviewed development process and decentralized governance, ADA’s future growth forecast is thoughtful and stable. As its ecosystem further develops, with an expanding usage of Cardano applications and network staking, ADA could experience considerable price changes. Rexas Finance (RXS): Ready to Spearhead the Revolution Rexas Finance (RXS) is a relatively late entrant to the crypto space but is already making waves. It is certainly in contention to eclipse the prospects of Cardano, Solana, and Dogecoin. Rexas Finance’s focus on real-world asset tokenization allows smooth transactions and investment in tangible asset classes like real estate and precious metals. Established as a low-priced coin, RXS has quickly gained a significant market presence, showing signs of upward momentum that could outshine its competitors. In its presale offering, RXS succeeded in raising at least $5.9 million, setting it apart from competitors with tokenomics designed to sustain growth and reward early participants. RXS’s token distribution model allocates a significant percentage to presale and user development, ensuring the platform’s long-term viability. Additionally, it offers the Rexas Token Builder for asset tokenization and Rexas DeFi, allowing users to provide liquidity or enhance yield farming. Why RXS is Predicted to Shine in 2025 According to the Rexas Finance roadmap, blockchain and real-world assets will be the primary focus. Many people are investing in the presale rounds, and now, they have everything ready for their decentralized applications to launch in RXS. RXS’s asset-backed tokenization model is highly competitive, offering blockchain-based investment opportunities with reduced volatility, unlike typical cryptocurrency investments. Some analysts estimate RXS could reach a 25x increase, providing a range of financial services and integrating real investments into blockchain. Conclusion: RXS Is At The Top As the market prepares for what could be a spectacular 2025, Solana, Dogecoin, and Cardano appear positioned to perform well and reach new ATHs. However, Rexas Finance (RXS) seems well-prepared with a sound approach and clear growth vision, making it a worthwhile addition to any portfolio. Investors seeking high-growth opportunities might find RXS appealing as it breaks through blockchain technology barriers with strong tokenomics plans. While ADA, DOGE, and SOL will remain popular, RXS offers the best return on investment, making it a must-buy for investors targeting the bull market era for maximum returns. About Rexas Finance :- Website: https://rexas.com Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.
 
The recent victory of Donald Trump in the 2024 U.S. presidential election has led to a surge in the memecoin market. Known for his pro-crypto stance, Trump’s campaign included promises that appealed to the crypto community, and his win has sparked optimism among investors. This positive sentiment has driven a wave of risk-on behavior, with memecoins seeing a notable uptick. As of November 6, the total market capitalization of memecoins hit a seven-month high of $66.72 billion, showing a 21% increase within just 24 hours. Dogecoin (DOGE) led the market surge with a 14.5% rise over the past 24 hours and a 72% gain over the last month. Other popular memecoins also saw substantial growth: Shiba Inu (SHIB) rose by 5%, and Pepe (PEPE) saw a 12.6% increase. Additionally, tokens linked to political figures, especially those associated with President-elect Trump, experienced significant growth. The total market cap of political memecoins climbed by 17%, reaching over $640 million, with a striking 87% increase in trading volume. Where Fun Meets Profits: $XYZ – A New Entrant with Major Potential In the midst of this energized market, $XYZ—part of the XYZverse, a sports-themed memecoin platform—also shows impressive potential. XYZverse is unique in that it unites fans of football, basketball, MMA, Dota 2, and more, creating a community that’s driven not only by a love for sports but by the thrill of high-stakes investment. Currently in its presale phase, $XYZ has just reached Stage 6, pushing its price up to $0.0005. With a listing target of $0.1, early buyers could see a significant increase of 19,900% from this low entry point. Given the favorable crypto sentiment following the election, $XYZ is well-positioned to take advantage of the current market momentum. Ready to Profit? Get Into $XYZ Now and Watch It Soar! A Promising Roadmap for Long-Term Growth Beyond its immediate gains, XYZverse has a detailed roadmap focused on building a robust and engaging ecosystem. Its play-to-earn gamification strategy and partnerships with leading sports platforms will allow users to earn rewards and enhance community engagement. As $XYZ powers this platform, it’s setting itself up as a utility token with solid real-world applications, ensuring its relevance and growth potential in the long term. Step In Now—$XYZ Is Rising Fast, and It’s Your Time to Join! Built for Endurance and Driven by Community On the Polygon network, XYZverse leverages proven revenue streams, benefiting from a dedicated community that plays a key role in shaping the platform. Active users receive rewards and incentives, differentiating XYZ from other memecoins that lack substantial user engagement. As XYZverse continues to grow, it’s looking to flip the script in the memecoin world by being a project that not only entertains but offers real value and profitability. Backed by a loyal community and a sustainable model, $XYZ is setting itself apart as a unique investment opportunity, poised to make waves in the memecoin space. With $XYZ, investors have the chance to be part of a platform that’s changing the game—don’t miss out on the opportunity to be part of this fast-growing sports-driven memecoin universe. Don’t Miss Out—Get in on $XYZ Before the 19,900% Surge! Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
New York City, New York, November 11th, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary state across rollups at vastly reduced overhead. Rollup/L2 ecosystems have historically connected only within their own walled gardens; with Polymer, however, rollups can now communicate across ecosystems and coordinate as fast as they can produce blocks. The protocol offers significant improvements in cross-chain communication latency, bandwidth, and cost for all on-chain primitives compared to existing solutions. Polymer aims to make cross-chain interoperability as fast, efficient, and affordable as blockspace itself, enabling Ethereum applications to scale to the next million users. Increase Bandwidth Reduce Latency Real-time, high-throughput rollups are right around the corner, but existing interoperability protocols (point-to-point and hub-and-spoke models) were not designed to support dense network traffic across hundreds of rollups. According to the team, existing solutions are too slow and expensive for the next generation of applications on Ethereum. As we enter this new era, interoperability solutions must complement their speed and efficiency. Real-time apps require real-time interoperability. Polymer aims to build the fastest and most efficient interoperability protocol for next-generation rollups like MegaETH. The Hub passes messages in real-time via sequencer pre-confirmations, ensuring cross-chain communication latency can keep up with millisecond block times of these rollups. Polymer also leverages EigenDA to scale cross-rollup bandwidth to facilitate data-intensive use cases on-chain. Various technologies like shared sequencers and ecosystem-native interoperability intra-nets have fragmented Ethereum into rollup clusters; these clusters, however, can leverage Polymer Hub’s one-to-all architecture to become interoperable with each other within minutes, rather than months. Polymer Hub is also the first interoperability solution to offer re-org protection. This helps enable token bridges and solver networks to safely settle cross-chain transactions in milliseconds and automatically revert them if they deviate from Ethereum’s L1 history. Looking Ahead The next generation of on-chain applications will closely follow the architecture of cloud apps: rollups are the new microservices, AVSs are the new infrastructure services. To enable horizontal scaling on-chain, cross-chain infrastructure must be low-latency, high-bandwidth, and affordably scalable. The Polymer team seeks to improve interoperability performance in order to enable competitive, novel categories of applications, such as high throughput e-commerce and ride-sharing, to be built on-chain. Starting with the OP stack, Polymer plans to bring real-time interoperability to all rollup ecosystems on Ethereum—enabling swift and cost-effective scaling for applications in the near future. Developers interested in trying Polymer Hub’s mainnet can find more information on Polymer Lab’s website, and by following Polymer on X (@Polymer_Labs). About Polymer Labs provides real-time, high-throughput interoperability for Ethereum rollups. Polymer lays foundational network infrastructure enabling the next generation of internet-scale apps like Uber to be built on-chain. Contacts Co-Founder Peter Kim Polymer Labs [email protected] Marketing Lead Harry Lam Polymer Labs [email protected]
 
Demand for HyperCycle has skyrocketed, surpassing the forecasts of the majority of industry analysts. Indeed, because to the network enablement that HyperCycle offers, the wide range of AI agents that are now available is growing significantly. The creators of HyperCycle have realized that, in light of the significant progress they have made, they may expand on the company’s enormous success so far in a number of ways, including by addressing the junction of the world’s extreme sets. In order to maximize the chances of success overall, they have chosen to pursue two future development strategies concurrently. This will encompass the union of those sets, which by definition covers the existing intersection and is hence an additive growth to the overall network. What’s forking Although many are aware that forking is a common occurrence in network contexts, it is uncommon when it is non-contentious and focuses on increasing the community’s advantages and the targeted markets rather than splitting. Although we see that some people call this fork branching, others call it growing, multiplying, or whatever label people choose, we should express our perspective. After all, the true AI internet may grow rather than divide. We are lucky that this isn’t the case here, since most forks are controversial and ultimately result in the teams’ and the mission’s emphasis being divided. The HyperCycle team is still committed to two primary goals: The importance to users/clients The interest of the customers (node owners and operators, HyPC owners, partners, team members, etc.) and other stakeholders Multiplying via divergence: We must take unprecedented measures because we are living in an unprecedented era. Although the divergent teams in this fork are using various approaches, they are all working toward the same goal, which is to further enhance AI’s decentralization without requiring explicitly stating it in every move. This bifurcation is really an excellent example of how forks may be implemented while maintaining interoperability in the underlying technology. As a result, the teams will keep increasing the size of the pie so that many participants may share in their wealth production. Furthermore, the traditional business axiom that there are always losers when there are winners does not apply here, particularly in the field of artificial intelligence (AI), since the great majority of the market is brand-new territory that did not exist prior to the present and the near future as it is being developed. All assigned investors who own HyPC are receiving an airdrop of the recently forked token, which is most likely called METC; the remaining investors are merely receiving an airdrop. HyperCycle.MettaCycle (or H.MettaCycle) and HyperCycle.HyperCycle (or H.HyperCycle) are the two names that will be used for the fork tines.- Here, we’ll call them H.M. and H.H. or H2 (Hsquared) for convenience. PS: There will probably be a wide range of opinions and perspectives about the fork. Here, we outline the H2 team’s perspective. The core HyperCycle HyPC (H2) will continue to be maintained by the TODA team. The whole HyperCycle community will be able to gain a great deal from this new extension without any restrictions thanks to the H.M tine, which will allow the SNet team to fully use their inventive and creative approach. While the TODA team continues to focus on what is known as an Open Network, which permits both closed and open source components as long as the network remains open and interoperable, this approach will specifically embrace the one extreme of Open Source Development on the SNet side with H.M., much like the current known internet is for humans, but this internet is for AI agents. We’ve seen successful divergences like this before, such when comparing Microsoft Windows to Ubuntu and Redhat Linux, or Apple iOS to Google Android, and so on, but this phenomena doesn’t have to be the first. Although these parallels aren’t quite relevant in this context, they convey the idea that both must coexist in order to benefit the earth as a whole, mostly because of interoperability. Communication between an iOS user and an Android user is simple. HyperCycle is an infrastructure play and a real peer-to-peer secure network. As a result, it will keep filling the gap in order to meet the demands of all AI agents (including AI components) and will keep allowing all connected AI agents worldwide to connect safely and freely without relying on anybody, including themselves. The next generation of intelligent people must be given this kind of flexibility, which cannot be limited to a one-way approach. This impending milestone has us excited with anticipation. For those of us who learn best visually, here are a few examples that show it as we now see it. Among the various polarities highlighted above, let’s consider open source and closed source, as the first diagram illustrates how only the junction is now covered by the two extremes in the globe. Therefore, only the market’s intersection is covered by the two groups (H.M. and H2) in the first Venn diagram. Nonetheless, the second diagram below illustrates how HyperCycle makes it possible for everyone to participate in the internet of AI by addressing the union of the whole market. Therefore, as can be seen from the second Venn diagram, the two groups (H.M. and H2) cover the union rather than merely the intersection. Among the distinctions between H.M. and H2 are the following: Open Source / Closed Source: As long as any closed source component is made open source in the network nodes upon deployment, H2 supports allowing node owners and operators to embrace both closed source and open source components. H.M. is firmly committed to open source development, which implies that not only the delivery process but also all of the components and development methodology are open source. Centralized / Decentralized networks: In addition to everyone in the centralized and decentralized worlds, H2 is committed to bringing together the Microsoft, Meta, and Google of the globe. The emphasis of H.M. is decentralized networks. In-Out of Crypto / Pro Crypto According to H2’s “in and out of crypto”, ledger-based cryptocurrency assets like ERC20, ERC721, and ERC1155 are exclusively used for onboarding and offboarding the building of a network node generator (NodeFactory) and its constituent parts. This strategy successfully avoids speculative trading and concentrates on increasing the value of the core network by keeping assets only on the decentralized exchanges rather than the centralized ones. In order to continue facilitating speculative token trading, H.M. is fully open to implementing both centralized and decentralized exchanges. Traditional Wealth Creation / Crypto Model: H2 insists on having no transaction costs and keeps expanding its revenue model to include B2B software sales, licensing, and royalties. Investors and adopters have been persuaded that this is a viable business model for the now and the future. Therefore, it differs from other cryptocurrency projects. It keeps optimizing its decentralization and network security. H.M. has no intention of licensing or selling software. Its business strategy is much more like to that of other tokens and currencies, such as ETH.
 
ZettaBlock, a unified platform for open and safe AI development, has announced the debut of Kite AI, a decentralized blockchain foundation layer that pioneers equitable, democratized, and secure access to critical AI assets such as data, models, and agents. Kite AI is the cornerstone of a decentralized AI economy, built on top of ZettaBlock’s proven infrastructure. It allows a global network of contributors, ranging from developers to businesses, to collaborate, create, share, and fairly rewarded for contributions of high-quality AI assets while preserving control, ownership, and privacy. Large volumes of AI data are still fragmented today, which is impeding the development of the AI ecosystem. This is a result of consumers’ reluctance to provide data to AI models in the absence of appropriate attribution, equitable acknowledgment, or guarantees that private and confidential data won’t be exploited. In order to solve this, Kite AI protects private data while facilitating safe, transparent data exchange and model development with an innovative attribution method. Since more and more GPUs are becoming accessible every day via both centralized and decentralized entities, the majority of decentralized AI initiatives only concentrate on offering decentralized compute solutions. However, this issue is temporary. Unlocking crucial AI data, models, and agents for broad, equitable usage in a democratized manner is a bigger, systemic issue that Kite AI addresses and that has an influence on the development of the whole AI industry. This strategy gives companies and developers complete control over how AI assets are used, guaranteeing equitable compensation depending on the effect and use of the assets. By allowing participation from organizations of all sizes, Kite AI democratizes AI development and levels the playing field that was previously controlled by a select few. Chi Zhang, Co-founder of ZettaBlock stated: The Kite AI foundation layer, which is driven by ZettaBlock’s decentralized infrastructure, enables sophisticated attribution for data and models, privacy-preserving development, and safe access to all AI assets in order to promote an equitable and cooperative AI ecosystem. While Smart Data Indexing easily arranges multi-modal data for various AI applications, Kite AI’s Decentralized Data Access Engine enables contributors to safely share and receive equitable incentives for data. Furthermore, Kite AI’s virtual database makes it possible for data to be processed and stored locally, enabling models for customized AI experiences while facilitating a decentralized, lightweight, and privacy-focused AI experience. Professor Haiyan Huang, Professor and Chair, Dept. of Statistics, UC Berkeley said: Kite AI’s data attribution and reward system is being shown at DevCon by ZettaBlock’s “Save the Llama,” where users provide data to build a live language model. It is also introducing Kite AI Builder Preview, which lets developers test out Kite AI’s framework for data and model collaboration. Click here to learn more about Kite AI.
 
Certain tokens are emerging with the potential to deliver remarkable returns in 2024. These digital assets are drawing attention for their unique features and the possibilities they hold for investors. Observers are keen to see which of these tokens might lead the way in the next wave of crypto growth. Among them, XYZVerse shines as a pioneering memecoin that unites sports fans, aiming for exponential growth by blending meme culture with a passion for athletics. Dominate the Field with XYZ: The Next Meme Coin Champion! The game is on, and XYZ is leading the charge in the meme coin arena! This sensational all-sports meme token has hit the market with unstoppable momentum, knocking out weak competitors and scammy cryptos. As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 99,900% growth, XYZ is ready to claim the meme coin crown in the next crypto bull marathon! Rule the game, cash in as the bets roll in XYZ is the star player in XYZVerse – the ultimate fusion of sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike, offering everything from entertainment apps to prediction markets. Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge! XYZ is currently undervalued, and with major listings on the way, presale participants stand to secure life-changing gains. >>>Don’t miss your shot at being part of the XYZ winning team!<<< XRP (XRP) Imagine sending money across the world as easily as sending an email. That’s the promise of XRP, a cryptocurrency on the XRP Ledger. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP is fast, low-cost, and open to everyone. With no central authority, transactions are quick, secure, and irreversible. You don’t need a bank account to use it, making it accessible everywhere. XRP’s goal is seamless money movement, no matter your location or currency. XRP could change how we think about payments. Its technology allows near-instant transfers with minimal fees, a big advantage over traditional systems and other cryptocurrencies. While some coins are stores of value, XRP aims to bridge currencies globally. In the current market, XRP stands out due to its real-world use cases and support from Ripple. Though crypto markets are volatile, XRP’s focus on practical utility could make it attractive for those eyeing the future of digital payments. Shiba Inu (SHIB) Shiba Inu (SHIB) is a cryptocurrency that started as a joke but is now turning heads. Inspired by Dogecoin, it sets itself apart by running on the Ethereum blockchain. This means it can work with many other apps and tools in the Ethereum world. Launched in August 2020 by someone named Ryoshi, SHIB began with a whopping one quadrillion tokens. Half of these tokens were given to Vitalik Buterin, one of the creators of Ethereum. He donated a big chunk to help with COVID relief in India and destroyed (or “burned”) 40% of the total tokens, making the remaining SHIB more valuable. Unlike Dogecoin, SHIB’s connection to Ethereum allows it to do more than just be a meme. It has its own decentralized exchange called ShibaSwap, where people can trade tokens without a middleman. SHIB also plans to introduce its own platform for digital art (NFTs) and a system where holders can vote on decisions (a DAO). These developments show that SHIB wants to be more useful. In the current market, where people are looking for coins with real-world uses, SHIB’s plans could make it more attractive to investors compared to other meme coins. Conclusion In the 2024 bull run, XRP, Shiba Inu, and especially XYZVerse offer significant potential, with XYZVerse aiming for 20,000% growth by uniting sports fans in a unique meme coin ecosystem. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
FX Guys ($FXG) is steadily becoming a leading contender in the DeFi space. The platform is capturing the attention of investors with its innovative offerings and its DeFi token price potential. As an emerging PropFi platform, FX Guys has put immense focus on creating a comprehensive ecosystem for traders to find solutions to their common problems. The FX Guys’ unique offerings to help traders and investors unlock higher earning possibilities have positioned $FXG as the hottest buy of the year, outpacing top altcoins like SUI and GOAT! >>>BUY $FXG TOKENS HERE<<<< FX Guys Takes the Crypto Market by Storm: Over 100 Million Tokens Sold In just a few weeks since its debut, $FXG’s presale has been gaining momentum. With over 100 million tokens sold, the DeFi token now ranks as the hottest buy of the year. But what makes $FXG so special? $FXG is the native token and backbone of the ground-breaking decentralized trading platform, FX Guys. One of the amazing features of this platform is its staking program. Offering up to 20% annual profit from the trading volume, FX Guys allows token holders to earn passive income while keeping their assets locked. It’s perfect for those looking to make their crypto work for them. For ambitious traders, the platform offers a prop funding program that’s hard to find elsewhere. Pass a trading challenge, and you could be managing a funded account worth up to $500,000 with a generous profit split of 80/20 in favor of the trader. This makes FX Guys an ideal platform for skilled traders to scale their operations without risking personal capital. One of the biggest draws of FX Guys is its commitment to a truly decentralized trading environment. The platform cuts out buy and sell taxes, meaning more value for every dollar invested. Plus, there’s no need for KYC verification. Users can simply connect their wallets and start trading or staking. The opportunities, simplicity, and privacy that FX Guys offers are what many traders have been waiting for in the crypto space. These features not only ensure the stability of FX Guys’ platform but have also attracted thousands of users. Besides the growth potential of the DeFi token price, these amazing perks alone set FX Guys apart from other tokens like SUI and GOAT. Sui’s TVL Surge Hits $1.135 Billion, But DeFi Token Price Dips: What’s Next? Sui’s blockchain recently reached a significant milestone, with its Total Value Locked (TVL) hitting $1.135 billion on October 15, 2024. This surge has positively impacted Sui’s entire blockchain ecosystem, pushing its market cap to $6.47 billion before slightly dipping to $5.88 billion by October 20. However, despite Sui’s impressive growth, the price performance of the SUI DeFi token has been bearish. Between October 15 and October 20, the token’s value dropped by 8%, from $2.24 to $2.07. This decline is attributed to increased selling pressure from traders. Despite the dip, SUI has managed to hold steady near the $2 mark, suggesting a level of resilience. Looking ahead, market analysts suggest that the strong blockchain fundamentals could support the token’s stability. With its growing TVL and steady blockchain performance, experts predict SUI will likely maintain the $2 level in the coming weeks, offering a solid foundation for future growth. >>>BUY $FXG TOKENS HERE<<<< GOAT’s Potential Soars Amid Crypto.com Listing and Market Buzz Solana’s meme coin, Goatseus Maximus (GOAT), has seen substantial price gains following the news of its listing on Crypto.com. Announced on October 16, 2024, the listing allows Crypto.com’s extensive user base to trade GOAT with USD, EUR, and over 20 other fiat currencies, improving the tokens’ market accessibility. Following its Crypto.com, GOAT’s price surged by 176%, jumping from $0.192 to $0.531 between October 16 and October 19. Despite a subsequent 48% dip to $0.276 by October 20, market projections remain optimistic. Given its growing market participation, analysts predict that GOAT could regain the $0.5 level by the end of November. From Presale to Profit: The $FXG DeFi Token Price is Set to Surge With a 35% allocation from its total supply of 835 million $FXG tokens on Ethereum’s chain, the presale offers tokens at a discount that’s hard to ignore. Stage 1 of the public presale is currently offering tokens at $0.03, and by the time it hits the market at $0.10, investors should expect more than a 200% gain. But the potential doesn’t stop at price gains. $FXG tokens offer access to exclusive trading challenges, the ability to pay for platform fees, and opportunities to earn even more through the platform’s Trade2Earn program, where each trade contributes to your token balance. With this real-world utility coupled with the FX Guys’ platform’s strategic market position, crypto market experts are expecting a 100x increase for the DeFi token in 2025! To find out more about FX Guys follow the links below: Website | Whitepaper | Socials | Audit Exclusive FX Guys Promo Code: USE PROP10 FOR 10% BONUS Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
Bitcoin exposure is essential for investors following U.S. election. Not owning bitcoin may lead to financial peril, warns NYDIG’s Cipolaro. The recent U.S. presidential election, resulting in a significant win for President-elect Donald Trump and the Republican Party, has intensified the spotlight on Bitcoin as an essential asset, according to Greg Cipolaro, Global Head of Research at New York Digital Investment Group (NYDIG). Cipolaro strongly believes that the election outcome marks a pivotal shift for bitcoin adoption in institutional portfolios, with no remaining rationale for investors to avoid exposure. In an email, Cipolaro underscored that “there are no excuses now” for investors to maintain a bitcoin allocation of zero. He emphasized that bitcoin is now accessible through “easy-to-access, well-regulated products such as ETFs” and is rapidly becoming a “political imperative.” He further asserted that investors risk “financial peril” by ignoring the asset, as it increasingly emerges as a mainstream investment option. NYDIG, a subsidiary of Stone Ridge Holdings Group, focuses on providing bitcoin-focused financial services, including custody solutions tailored for institutional investors. Cipolaro’s stance aligns with broader industry perspectives, as evidenced by the recent price surge in Bitcoin, which has appreciated approximately 18% over the past week. Moreover, Analysts attribute this rally to the election’s perceived positive impact on the broader cryptocurrency ecosystem, which could lead to enhanced regulatory clarity and increased institutional interest. Optimistic On Bitcoin Supporting this sentiment, JPMorgan recently highlighted expectations for it and gold to gain from the election’s results, with bitcoin being further supported by institutional moves, such as MicroStrategy’s substantial bitcoin acquisition plan worth $42 billion. BitGet Research also noted that sidelined funds may enter the market, driven by fear of missing out, potentially pushing bitcoin’s price higher. Meanwhile, market analysts are optimistic about it’s future performance. Bernstein analysts reiterated their forecast for it o reach $90,000 by the end of this year, with a long-term target of $250,000 by 2025. With growing institutional involvement and political endorsement, it appears poised for continued growth as a staple in investor portfolios. Highlighted News Of The Day FTX Sues Binance and CZ for $1.8B Over Fraudulent Transfer
 
Tokens are drawing significant attention for their potential to deliver substantial returns. Priced below two dollars, these digital assets are captivating investors eager to uncover the next standout performer. With market momentum shifting, a blend of well-known and emerging coins could be on the verge of notable breakthroughs. One such promising contender is XYZVerse, a unique memecoin that fuses sports passion with crypto innovation, aiming to become a cultural phenomenon and achieve impressive growth. The All-Sports Meme Token You Can’t Afford to Bench! XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding – and your rewards will slam dunk through the roof! >>>XYZ presale is your first-quarter chance to get in before the mind-blowing explosion!<<< In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE. Forget about BOME’s 5,000% rise or WIF’s 1,000% rally – XYZ is here to outscore them all! With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here – get in before the crowd storms the field, and you’ll be sitting on way bigger returns! >>Don’t be left on the bench – grab your XYZ tokens now and be part of the next massive crypto championship!<< Cardano (ADA) Cardano is making waves in the cryptocurrency world with its native token, ADA. Unlike many traditional blockchains, Cardano is built with sustainability and scalability at its core. It uses the Ouroboros proof-of-stake mechanism, which is far more energy-efficient than the energy-hungry proof-of-work models like Bitcoin’s. This means Cardano can process transactions without the hefty environmental cost. Its innovative two-layer system separates transaction processing and smart contract computations. The Cardano Settlement Layer handles the transactions, while the Cardano Computing Layer manages smart contracts. This design allows Cardano to potentially process up to a million transactions per second, making it one of the fastest in the industry. In the current market, ADA stands out as a promising option. With growing concerns about the environmental impact of cryptocurrencies, Cardano’s green approach is attracting attention. While Ethereum’s ETH has been a leader in smart contracts, Cardano offers a compelling alternative with lower fees and higher efficiency. The introduction of Cardano native tokens in March 2021 has expanded its capabilities, allowing for secure and cost-effective interactions with smart contracts. As decentralized finance apps, crypto tokens, and blockchain games continue to grow, Cardano’s sustainable platform positions ADA as a strong contender in the evolving crypto landscape. Shiba Inu (SHIB) Shiba Inu (SHIB) is a cryptocurrency that started as a joke but is now turning heads. Inspired by Dogecoin, it sets itself apart by running on the Ethereum blockchain. This means it can work with many other apps and tools in the Ethereum world. Launched in August 2020 by someone named Ryoshi, SHIB began with a whopping one quadrillion tokens. Half of these tokens were given to Vitalik Buterin, one of the creators of Ethereum. He donated a big chunk to help with COVID relief in India and destroyed (or “burned”) 40% of the total tokens, making the remaining SHIB more valuable. Unlike Dogecoin, SHIB’s connection to Ethereum allows it to do more than just be a meme. It has its own decentralized exchange called ShibaSwap, where people can trade tokens without a middleman. SHIB also plans to introduce its own platform for digital art (NFTs) and a system where holders can vote on decisions (a DAO). These developments show that SHIB wants to be more useful. In the current market, where people are looking for coins with real-world uses, SHIB’s plans could make it more attractive to investors compared to other meme coins. Conclusion ADA and SHIB are promising, but XYZVerse (XYZ) stands out by uniting sports fans in a community-driven ecosystem, aiming for remarkable growth in the 2024 bull run. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
On Monday, business intelligence firm Microstrategy announced the purchase of additional Bitcoin (BTC) as the largest cryptocurrency on the market hit a new all-time high of $82,500, with increased inflows into various sectors of the ecosystem over the past week. MicroStrategy Now Holds Nearly $23 Billion In Bitcoin In a social media post by Bitcoin bull Michael Saylor, the company announced that it had acquired approximately 27,200 BTC for approximately $2.03 billion. This transaction is one of the largest BTC purchases to date by a corporate entity but in line with the company’s strategy to integrate crypto into its financial framework. According to a statement released Monday, these acquisitions took place between October 31 and November 10, using proceeds from recent stock sales. With this latest purchase, MicroStrategy now holds nearly $23 billion in Bitcoin, totaling approximately 279,420 BTC with an average purchase price of about $42,692 per Bitcoin. Michael Saylor also revealed that the company’s MSTR treasury operations since the beginning of November have resulted in a BTC yield of 7.3%, representing a net benefit to shareholders of nearly 18,410 Bitcoin. However, this strategy has also had a notable impact on Microstrategy’s stock MSTR, which jumped 11% on Monday as the announcement was made and is currently trading at approximately $299 per share, up from $270 the previous week. Post-Election Bull Run The current uptrend in Bitcoin’s price also coincides with a notable shift in investor sentiment following Donald Trump’s victory in the recent US presidential election against Vice President Kamala Harris. According to CoinShares, digital asset investment products experienced inflows of $1.98 billion following the election, marking the fifth consecutive week of positive inflows and bringing the year-to-date total to a record $31.3 billion. Along with the largest cryptocurrency on the market, the overall global assets under management (AuM) in cryptocurrencies have reached an all-time high of $116 billion. The inflows were predominantly driven by US investors, who contributed $1.95 billion, while European markets also saw smaller inflows, particularly in Switzerland and Germany. Bitcoin alone attracted $1.8 billion of these inflows, reflecting a broader trend that has emerged since the US Federal Reserve (Fed) cut interest rates in September. Susannah Streeter, head of money and markets at Hargreaves Lansdown, noted that the bullish momentum in the crypto market is fueled by a sense of “euphoria” following Trump’s election. Streeter commented that his pledge to ‘go all in on crypto’ has sent BTC to “new, heady heights,” and ultimately believes that Trump’s shift towards supporting the cryptocurrency industry has created a more favorable regulatory environment, boosting investor confidence. In further support of this sentiment, Citi strategists highlighted that cryptocurrencies remain one of the few Trump-related trades that have not retraced. They noted that his administration’s expected crypto-friendly policies could lead to greater regulatory clarity in the US, further encouraging investment. Overall, as Bitcoin continues its uptrend, some predict that BTC could reach the $100,000 milestone by the end of the year, driven by a combination of favorable market conditions and growing institutional adoption. At the time of writing, the market’s leading crypto is trading at $82,479, up 20% in the past week alone. Featured image from DALL-E, chart from TradingView.com
 
PEPE rally has come to an abrupt halt, as the price faces rejection at resistance and begins its descent toward the key support level of $0.00001152. After a strong upward push, the token has encountered significant selling pressure, raising concerns about the sustainability of its bullish strength. Now, all eyes are on the $0.00001152 mark to determine if it can support a rebound or if this is the beginning of a deeper pullback. This article aims to navigate PEPE‘s recent price action as it encounters resistance, causing the rally to stall and the price to fall toward the crucial support level of $0.00001152. Through technical analysis, this piece assesses whether $0.00001152 will serve as a reliable support zone for a potential recovery or if the bearish pressure will push PEPE further downward. Resistance Strikes: What Halted Momentum Of PEPE? Recently, PEPE’s price has turned bearish on the 4-hour chart, pulling back towards the $0.00001152 mark and the 100-day Simple Moving Average (SMA) after facing significant resistance at $0.00001313. This retracement signals growing bearish pressure, which could trigger a deeper correction for the cryptocurrency. The 4-hour Relative Strength Index (RSI) shows a decline from 77% to 60%, indicating a weakening of upbeat momentum. As the RSI moves closer to neutral, buying pressure has subsided, and the market’s confidence in the uptrend is fading. Specifically, this shift suggests that PEPE may be entering a correction phase, with the potential for further downward movement if the trend continues. Although PEPE is trading above the 100-day SMA, the daily chart shows increasing negative sentiment with bearish candlesticks and a decline toward $0.00001152, reflecting rising selling pressure as the meme coin struggles to hold higher levels. If bulls don’t defend the current support, additional declines are possible, making the 100-day SMA critical to watch for a reversal or continued correctional movement. Finally, on the 1-day chart, the RSI is declining from its peak of 69%, indicating a potential shift in momentum. As the RSI nears the overbought threshold of 70%, this shows that buying pressure is easing, and the recent uptrend may be losing strength. The drop could signal a pullback or consolidation, with PEPE possibly entering a correction phase before attempting to regain upside pressure. Can The $0.00001152 Level Hold As Support? The market is testing its strength as PEPE’s price approaches the key support level of $0.00001152. This level has become crucial in determining whether the current bearish momentum will continue or if the price can stabilize. Should $0.00001152 hold, it may provide a foundation for a possible rebound, allowing bulls to regain control and resume the upside trend. However, a breakdown below this level could signal additional declines, which could push the price toward the $0.00000766 support range and other lower levels.
 
FTX is suing Binance and Changpeng Zhao (CZ) for $1.8 billion over a 2021 share repurchase deal. The lawsuit alleges the deal was fraudulent due to FTX’s insolvency at the time. FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, in a bid to recover nearly $1.8 billion. The lawsuit, filed on November 10, alleges that Binance and Zhao received these funds as part of a fraudulent share repurchase deal in July 2021. This move marks another effort by the FTX bankruptcy estate to claw back assets following the exchange’s collapse. The dispute stems from a 2021 agreement in which FTX co-founder Sam Bankman-Fried repurchased stakes from Binance. According to the FTX estate, Bankman-Fried used a mix of their native token (FTT), Binance Coin (BNB), and Binance USD (BUSD) to fund the transaction. It which was valued at $1.76 billion at the time. However, the exchange argues that both FTX and Alameda Research, its trading arm, were already insolvent at that time. As a result, it considers the transaction to be fraudulent. Did CZ’s Actions Lead to FTX’s Downfall? The lawsuit asserts that the share repurchase deal was improper, claiming it was funded with FTX’s depositor funds. Caroline Ellison, the former CEO of Alameda, testified that she had cautioned Bankman-Fried about the lack of funds to back the buyback. Consequently, this raised serious concerns regarding the legitimacy of the transaction. As a result, the deal raised serious concerns regarding its financial legitimacy. Despite these concerns, the deal went ahead. FTX claims the repurchased shares were essentially worthless due to the company’s financial instability. In addition to challenging the repurchase deal, they accuse Zhao of exacerbating the situation with damaging public statements. Zhao’s tweets in November 2022, particularly one about Binance selling off its FTT holdings, allegedly triggered a massive withdrawal crisis at FTX. This led to a rapid collapse in the value of their assets, further destabilizing the exchange and leaving creditors with significant losses. The FTX estate contends that these actions were aimed at undermining its market position and intentionally causing its collapse. Binance has yet to respond in detail to the lawsuit, with a spokesperson dismissing the claims as meritless. Highlighted Crypto News Today Are PEPE Bulls Gearing Up for a Bigger Rally?
 
Top tokens like Cardano (ADA) and new companies like Rexas Finance (RXS) are attracting investor interest as the market for cryptocurrencies shows fresh indicators of a possible bull run. One of the most well-liked blockchain initiatives because of its scalability and energy efficiency, Cardano is ready for a big climb. Rising sensation Rexas Finance, meantime, has been creating waves with its outstanding presale success. While Rexas Finance has the potential to soar from below $0.20 to an astounding $20 by mid-2025, analysts estimate Cardano may see a 1,000% rise. Here is the reason both tokens are destined for remarkable expansion. Cardano (ADA): A 1,000% Surge to Cross $3 Thanks to its effective Proof-of-Stake (PoS) consensus mechanism and continuous developments in distributed apps (dApps), Cardano, presently at $0.3, has positioned itself as one of the most exciting projects in the crypto market. Developers choose the blockchain team because of their considerable progress in enhancing transaction speeds, scalability, and interoperability. Experts predict a big price rise; Cardano is predicted to reach $3, a 1,000% rise from its existing values. Several important elements will cause Cardano’s price to increase expectedly. As applications expand, demand for ADA is being driven by more dApp development and DeFi acceptance inside the Cardano ecosystem. Furthermore appealing is the forthcoming Hydra protocol, a layer-2 scaling solution, which promises lower prices and speedier transactions. Growing institutional interest in ADA as an energy-efficient Ethereum substitute helps to boost its price projection and brings it closer to the $3 level. Rexas Finance (RXS): Expected to Reach $20 by Mid-2025 As a new player in the decentralized finance (DeFi) market, Rexas Finance (RXS) has been getting a lot of attention. It started as a cheap token, but its ongoing presale, which is now in stage five and the token price is $0.07, has shown amazing growth. Experts think that RXS could hit an amazing $20 by the middle of 2025 because of its strong performance in the presale, strong community support, and unique approach to tokenization in the real world. Rexas Finance’s quick ascent, now in stage five at $0.07—much above its previous levels—has been mostly driven by its presale success. With about $5.7 million raised and more than 114.6 million Rexas tokens sold, this outstanding presale success demonstrates great investor interest. Especially among early investors, this momentum shows rising project confidence and emphasizes the expanding need for RXS. The price should rise as every step advances, therefore providing a strong basis for the performance of the token once it goes public. Rexas Finance’s path has also included important turning points in its listings on CoinMarketCap and CoinGecko, two main crypto data sites. These listings provide the token with more credibility and visibility, allowing a larger audience to monitor its price, market cap, and performance criteria. Being on these reputable sites helps notify possible investors of the validity and expansion possibilities of the project, therefore stimulating demand as it approaches public release. Rexas Finance started a $1 million giving campaign to increase company visibility and draw even more capital. For individuals wishing to attend the presale, this campaign will pay 20 participants $50,000 worth of RXS tokens apiece, therefore providing a significant incentive. This approach has generated a lot of awareness around Rexas Finance, enabling the project to strengthen the community and boost token flow before it opens. Conclusion Both rising players like Rexas Finance (RXS) and established tokens like Cardano (ADA) showing interesting expansion possibilities. Cardano’s continuous growth and calculated improvements help it to be positioned for a 1,000% increase to top $3, maybe by 2025. Driven by a strong presale performance, significant listings, a $1 million giveaway, and a vision of practical application, Rexas Finance is arguing for its price to leap from below $0.20 to $20. Investors should, as usual, carefully evaluate their risk tolerance and keep informed about developments on these initiatives. For individuals looking for perhaps large returns, ADA and RXS offer special chances in the current crypto scene since they have significant catalysts in place to drive remarkable increases over the next few years. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.
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