A recent report by Binance Research ‘Understanding the Rise of Memecoins’ explores how economic and cultural changes have fueled the meteoric rise of memecoins as a distinct asset class within cryptocurrencies. The macroeconomic environment, including inflation and growing financial disenchantment, especially among Millennials and Gen Z, is examined first. In this setting, memecoins—which promote the values of fairness, openness, and community development—rose to prominence as high-risk, high-reward investments that take advantage of internet culture. According to the report, the simplicity and memetic value of memecoins—which often revolve on amusing or iconic themes that immediately connect with online communities—are what make them so popular. In contrast to more technologically sophisticated cryptocurrencies, memecoins place a higher priority on inclusivity and accessibility. They are often introduced without venture financing rounds or private sales, which are customary for regular crypto projects. Since everyone in the blockchain realm may join right once, this “fair launch” strategy is commended for facilitating more equal access, emulating the open access paradigm used during the 2017 ICO boom. Memecoins, however, have a number of hazards even while they make investment in digital assets easier and more accessible. According to the analysis, the majority of memecoins are very risky investments due to their poor survival rate—97% have not been able to maintain trade volume. Additionally, insider organizations, or “cabals,” control some memecoins in order to benefit from pump-and-dump scams that take advantage of gullible retail investors. The insufficient contribution of memecoins to the technical advancement of cryptocurrency is also criticized in the research. The majority of memecoins have no real use beyond speculation, in contrast to initiatives concentrating on decentralized finance (DeFi) or Layer 2 solutions, which seek to address certain blockchain scalability and interoperability problems. Concerns of market saturation have arisen as a result, as an abundance of coins with identical themes dilutes value and does nothing to spur innovation. The attractiveness of memecoins is often derived from their stories, creating groups together not by technical usefulness but by common values or amusing connections. The research contends that, in spite of these objections, Web3 developers can learn a lot from memecoins, especially about how to create communities and launch tokens fairly. Memecoins encourage grassroots support and loyalty by including users in the initiative from the beginning. The emergence of memecoins highlights the significance of building robust, welcoming communities and launching openly for technology-driven cryptocurrency ventures. Memecoins serve as an example of how blockchain may unite people across the world and provide insight into the possibilities of decentralized marketplaces in the future, where value is influenced by social and cultural narratives in addition to technical advancement. According to the conclusion, memecoins demonstrate how crypto markets may adapt to a variety of value systems, from speculative investments to ideological and cultural declarations, even if they might not improve blockchain technology. In order to avoid overcommitting to memecoins at the price of significant technical advancement, the research advises builders to concentrate on innovation. In this regard, memecoins provide a case study of how to use the decentralized nature of blockchain technology to produce assets that are available to all people worldwide and show how cryptocurrency may have a distinctive cultural resonance. The report concludes by highlighting blockchain’s ongoing contribution to financial and cultural revolutions, which have the potential to significantly influence future digital economies.

In a market overflowing with choices, Intel Markets rises as an innovative retail trading platform for both experts and newbie crypto enthusiasts. Intel Markets supports both the Ethereum and Solana blockchains along with combining superior insights from an AI-driven interface. This combination not only guarantees low latency and great security but also offers unmatched trading environment flexibility, therefore meeting the vital demands of today’s investors. Empowering Traders with Advanced Tools Intel Markets provides traders with a powerful range of tools that go beyond the basics. The platform offers a massive leverage of 1000x, thereby significantly boosting users’ potential returns. Experienced investors find this feature appealing as it allows high-risk traders wishing to profit from market swings to do so. The platform, however, not only serves the high-stakes traders but also gives teaching tools and easy-to-use interfaces first priority so newbies may navigate the complexity of crypto trading. Real-time market data, advanced charting tools, and a range of order types to properly control risk comprise the whole trading package on the platform. Customizing their dashboards to fit their tactics helps traders make sure they have the data right at hand. Adapting to the fast-paced world of cryptocurrencies, where every second counts, depends on this degree of customizing and adaptability. AI-Driven Realizations for Intelligent TradeAI-Powered Insights for Smarter Trading Intel Markets sets itself out even further by including artificial intelligence insights. Using machine learning techniques, the platform instantly analyzes enormous volumes of market data to provide insights that guide traders in making choices. These AI-driven observations not only spot patterns but also forecast possible price swings, therefore giving consumers a competitive advantage in the market. Imagine now being able to use the same sophisticated analytics used by Enterprise-Level institutions, right now used by retail investors. This capacity helps users to improve their trading plans according to actual facts instead of gut emotions, therefore improving the chances of success in a turbulent market. Cutting-Edge Security with Route X21 Initiative The value of security changes as the scene of cryptocurrencies develops. With its Route X21 project, which presents quantum-proof security mechanisms, Intel Markets is aggressively meeting this requirement. Supported by a significant $1 Million grant meant to improve blockchain security, this project seeks to protect traders’ funds from future quantum computing risks, therefore endangering conventional encryption techniques. Intel Markets gains confidence from its customers by giving security first priority as it assures them that state-of-the-art technology protects their funds and trading. In a market where security lapses may cause catastrophic losses, this degree of confidence is very important. Presale Success: A Testament to Market Confidence With its presale performance,c has raised a whopping $1.2 million and displayed great market interest. From its initial stages, the presale has witnessed a 300% increase in token price, indicating strong interest from institutional and individual investors alike. Early supporters of the platform are excited about its possibilities as Intel Markets is not just another trading venue but also a major participant in the direction of crypto trading. Those who missed out have become interested as investors who took part in the first presale phases started to reap profits. It is clear that one should become engaged as the platform is getting ready for full launch and expected more price hikes. Be a Part of the Revolution Intel Markets is opening the path for a new trading era as the cryptocurrency sector keeps evolving. For anybody trying to navigate the crypto terrain more successfully, its mix of sophisticated AI capabilities, thorough security safeguards, and user-centric approach makes it an interesting option. Intel Markets offers the tools required to flourish regardless of your level of experience trading. Don’t miss the chance to participate on this ground-breaking platform. Explore the presale options to guarantee your place in a trading ecosystem built for the future. Intel Markets lets you invest in a whole trading experience that stresses development, security, and user empowerment rather than just in a token. Discover More About IntelMarkets: Presale: https://intelmarketspresale.com/ Buy Presale: https://buy.intelmarketspresale.com/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets 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.

Citi and Fidelity announced a proof-of-concept for an on-chain money-market fund. USD MMFs have a large number of issuers with over USD 6.1 trillion. Fidelity International and Citi have unveiled a proof-of-concept (PoC) for an on-chain money market fund (MMF) featuring a digital foreign exchange (FX) swap solution. This was announced ahead of the Singapore FinTech Festival 2024 happening from November 6–8. The solution jointly developed demonstrates the real-time settlement of tokenized MMF transactions with integrated FX swaps. The on-chain approach allows investors to manage multi-asset positions across different currencies effectively and with reduced settlement delays. In addition, by exploiting blockchain, the tokenized MMF provides the potential for seamless, immediate, enhanced operational liquidity. It allows investors access to diversified USD-denominated money market funds for higher yield opportunities. For managing corporate treasurers’ non-USD capital, the tokenized MMF solution allows investing in USD MMFs without the traditional challenges of separate foreign exchange hedging and manual reconciliation. In traditional systems, FX risk management comprises complex manual booking and reconciliation processes, which may result in settlement delays, time irregularities, and liquidity inefficiencies. The new tokenized version addresses these issues by enabling fast, programmable multi-asset transactions on-chain. It also eliminates the frictions seen in traditional infrastructures. Moreover, tokenized MMFs are one of the fastest-growing digital asset classes, reaching USD 400 billion by 2030. At press time, USD MMFs represent a significant proportion of global financial assets, with over USD 6.1 trillion. On the other hand, by introducing real-time, programmable settlement mechanisms, Citi and Fidelity International’s tokenized MMF initiative stands to reshape the landscape of liquidity management and FX risk mitigation. Highlighted Crypto News MAS Accelerates Global Push for Commercializing Asset Tokenization

Hong Kong, Hong Kong, November 4th, 2024, Chainwire Legend of Arcadia (LoA), a new card-based RPG set in an expansive universe inspired by Kingdom Hearts, is bringing a community-driven operational model to Web3 gaming. With a focus on sustainable growth, LoA aims to establish itself as a leading platform by integrating blockchain technology, unique NFT mechanics, and community-centric features that foster long-term player engagement. As the Web3 gaming industry is forecasted to grow to $305 billion by 2030, LoA stands out by addressing key sustainability issues that have previously limited the success of Web3 gaming ventures. Many blockchain-based games have struggled with player retention and engagement, often due to unsustainable reward systems. LoA’s approach, built on years of gaming experience from its team’s work with industry leaders like Tencent, Hero Entertainment, and Seasun Studios, centers on creating an inclusive, feedback-driven community. Community-driven growth and operations Legend of Arcadia (LoA), a card-based RPG game built on a vast story universe inspired by Kingdom Hearts, has a strong vision for reimagining live operations in Web3, called community-driven operations. The formula combines building a sticky and vocal community driven by a strong feedback loop and nimble implementation of the ideas. This has helped LoA stand out from others. The team has spent the past two years perfecting the formula based on their decade-long experience in driving high DAU and retention at leading game companies such as Tencent, Hero Entertainment, and Seasun Studios. At the same time, building a 60k+ strong community with users that actively interact with the team and provide them with feedback. The right feedback loop between the community and the developer has led to innovative tactics for driving community engagement. For example, rather than hosting traditional alpha tests, the team mixed the idea of esports and competition and invited people to form their own teams to compete during the test. This led to a brand new Guild called Alter Ego Guild being formed in the community, and they remain some of the game’s biggest supporters, helping new players onboard and get deep into LoA. During its three-month campaign, LoA had 100,000+ registered users with minimal marketing spend. It also has very high next-day and 7-day retention of 75% and 56%, respectively, higher than many traditional games’ 50% and 20%. As it moves towards its TGE and official game launch, the community continues to provide feedback and support the team. With backing from 10+ investors, including Animoca Brands and OKX Ventures, LoA can further develop the game’s vastness, ensuring the community is constantly engaged with new content and utilities of its native token, $ARCA. This ranges from the endless possibilities of different NFT heroes to the countless actions and ways to earn $ARCA tokens. Innovative NFT Mechanics and Extensive Gameplay In LoA, each NFT hero is unique, with randomized genetic traits such as appearance and abilities drawn from a large gene pool of over five trillion combinations, including over 48 types of basic attributes, 40,000+ skill combinations, and more than 28 million gene combinations. This ensures that no two NFT heroes are the same. The game team, supported by AI, has also created countless words and storylines, shaping different toy characters and enriching the stories of LoA. It also enhances player retention by implementing seasonal demands created by the in-game mechanics, which will eventually boost the trading volume. $ARCA Token Distribution and Roadmap In LoA, players can earn tokens through a variety of activities and strategies involving their NFT heroes. Inspired by a system commonly used in web2 games, by combining White Ores from mining with Black Ores earned in battles, they can produce $ARCA tokens. Heroes can also be customized through special events and features, which not only alter their appearance but can also provide gameplay advantages, such as enhanced mining power when using event-specific skins. Players can also participate in PvE content by clearing dungeons and defeating bosses for valuable loot or diving into PvP battles to compete against others for rewards and climb seasonal leaderboards for even greater gains. To further boost their earnings, players can stake $ARCA tokens, unlocking additional rewards like free NFTs or a share of profits from NFT sales, adding another layer of value to their in-game investments. In addition to earning tokens through in-game monetization, LoA further enhances sustainability by distinguishing between in-game and external economic factors. This structure allows players to monetize external elements, such as staking $ARCA tokens for special privileges and rewards or sharing in proceeds from NFT assets. This approach aims to foster long-term value creation over short-term speculative gains. LoA will have a total supply of 40,000,000 $ARCA tokens that are distributed among seven pools where each pool will be further subdivided into different rank tiers based on the amount of Gacha Points earned. With countless opportunities and activities in the world of LoA, the game constantly rejuvenates the excitement of its community and players, which will ensure its sustainability in the long run. The game also has plans for extensive single-player content (PVE mode) and multiplayer modes where players can form teams and challenge others in real-time battles. Legend of Arcadia is currently set to launch in November 2024. About Legend of Arcadia Legend of Arcadia (LOA) is a card-based RPG game built on a vast story universe inspired by Kingdom Hearts. LOA is built with the latest technology for the modern gamer, powered by blockchain. Players can enjoy the game for free, on the go, on a mobile device, and socialize in real-time with gamers from across the globe through immersive PvP game modes and by trading highly composable NFTs. Website | X | Discord Contact PR Manager Kelvin Yeo Everest Ventures Group [email protected]

The world is still captivated by Shiba Inu (SHIB), trading around $0.000007 and looking to hit its all-time high (ATH) of $0.00008. SHIB is strong with its community-driven appeal, but for investors looking for big returns, the growth potential may not be as extensive. Rexas Finance (RXS), priced at $0.060, on the other hand, is set to become a game changer and is being offered as an existing alternative to those willing to maximize their investments. According to projections, RXS could go up to $17 by Q1 2025, which means that a $1,000 investment today could return very well in six months. A new interest in innovative tokens may be the best time to look into the possibility of RXS. The Current Landscape of Shiba Inu (SHIB) The Shiba Inu has become one of the leading meme coins in the cryptocurrency space. SHIB was initially launched as an alternative to Dogecoin so it could be fun, but since then it has turned into a community it was built for and has developed a decent trading volume. Even though it is a popular token, SHIB has not been able to keep up with momentum in the market along with the volatility and the competition by the newer projects. Though SHIB’s price is currently hovering around $0.000007, it seems like a tough uphill battle from there to its ATH of $0.00008. Analysts say there is potential for growth but it’s unlikely a modest investment would turn into life-changing wealth unless the market shifts or catalysts. To illustrate, even if SHIB were to reach its ATH once more, an investment of $1,000 would gain you the max of about $12,500, far short of the million dollars that some investors dream about. Rexas Finance: A Revolutionary Opportunity Unlike Shiba Inu, Rexas Finance is not speculative at all, but rather a real-world, real utility, real innovation, and investment opportunity. Currently priced at just $0.060 on their presale stage 4, RXS has already raised over $5 million towards its $5.45 million goal. Given the nature of this groundbreaking project, this presale phase has largely attracted the attention of investors eager to capitalize on the addressable market of this project Rexas Finance wants to reinvent asset management by making real-world assets such as real estate, art, and commodities available to users for tokenization on a global scale. This is a truly innovative way of increasing liquidity, but a way of democratizing access to investment opportunities that were always reserved for the wealthy or institutional investors. The feature of Rexas Finance is its Token Builder which lets the users build tokens representing their real-world assets without any technical knowledge or even knowing how to code. This tool makes entry into the cryptocurrency space much simpler and extends participation for potential investors. Furthermore, Rexas Finance provides a Launchpad to engage in secure token sales across multiple blockchain ecosystems. It’s a way of being transparent and building trust among creators and investors alike. In addition to offering the platform’s integration of Rexas GenAI, an AI tool for the creation of high-quality digital artworks, the platform plays into the rapidly growing NFT market. The Future of Rexas Finance: Aiming for $17 Rexas Finance’s future is very bright, analysts are predicting RXS can hit an incredible $17 by Q1 2025. This projection is supported by several factors: growing demand for fractional ownership investment models from retail investors, increasing use of blockchain technology for asset management, and the growing trend of digital asset investment. As a presale stage for RXS tokens, we have already seen strong demand as 97.26% of target funds have been raised and nearly 107 million tokens have been sold, out of 110 million that are available. With more investors realizing the special position that Rexas Finance occupies, especially in tokenizing real-world assets, the likelihood of unprecedented price appreciation becomes more apparent. What attracts investors to RXS is not just that it has innovative features, but also that its tokenomics is in favor. The total supply of 1 billion RXS tokens has been allocated across categories including presale, staking pools, liquidity provision, marketing efforts, and team incentives. This mindful tactic about distribution attempts to keep a healthy balance between supply and demand, and to maximize investor returns. Comparing RXS with SHIB: A Clear Choice Rexas Finance stands out as a more attractive investment by comparison to Shiba Inu, as RXS delivers a better investment opportunity for substantial returns in the cryptocurrency market. SHIB is largely based on community sentiment and speculatory trading dynamics, whereas RXS is built over solid and practical fundamentals. However, RXS is an opportunity to invest in an exponential growth curve driven by real use cases for asset management and tokenization. The difference between SHIB being too dependent on meme culture and social media hype that can be unpredictable, Rexas Finance, on the other hand, is in the right place — within the growing DeFi (Decentralized Finance) space that solves core problems with traditional investing. Additionally, as Rexas Finance plans additional development, such as exchange listings where RXS will be listed at a higher price, present investors might be well positioned for significant gains if they act now. Media Contacts: Website: https://rexas.com Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance HalloweenGiveaway: https://x.com/rexasfinance/status/1851983620765852009 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.

Dogwifhat (WIF) has dropped by 15.78% over the week, now trading around $2.06. Analysts see a sweep of lows in Dogwifhat as it falls below support, with traders watching a demand zone at $1.6 to $1.8 for buying opportunities. At the end of October, Bitcoin soared near its all-time peak of $73K and sparked a strong rally across the crypto market, particularly in the meme coin sector. Among the tokens drawing attention was Dogwifhat (WIF), but as November kicked off, the upbeat momentum began to wane. Currently, Dogwifhat’s price is hovering around $2.06, marking a 15.78% decline over the past week. Despite this dip, trading volume remains high, with approximately $602 million flowing through the token, indicating sustained interest from traders. This downturn hasn’t gone unnoticed by the crypto community. Well-known analyst George has weighed in, suggesting that the memecoin may continue to face headwinds. He points to a recent technical analysis where WIF dropped below its previous support level of $2.15, a movement often referred to as “sweeping lows.” This drop can trigger stop-loss orders, leading to further declines as weaker buying positions are eliminated. Traders are now focusing on a “demand zone,” a critical area on the charts where buying interest typically resurfaces. This zone, ranging from $1.60 to $1.80, could present a prime buying opportunity if the price dips into this range. George says traders plan to enter a long position if WIF approaches this zone, anticipating a bounce back. Current Price Movement of Dogwifhat At the time of writing, WIF has slightly rebounded to $2.08 after hitting an intraday low of $1.96. However, it remains below the Bollinger Bands’ upper line, indicating potential room for upward movement if it can break through these resistance levels. Dogwifhat (WIF) Price Chart (Source: TradingView) The MACD indicator is also showing signs of potential bullish momentum, with the current value at -0.089, just above the signal line at -0.095. Meanwhile, the Relative Strength Index (RSI) suggests that WIF may be oversold, hinting that a reversal could be on the horizon if buying pressure begins to build. As Dogwifhat navigates these challenges, traders will be keeping a close watch on critical support levels around the $2 zone, with the hope of a rebound as the market continues to evolve. Highlighted News Of The Day Solana Outpaces Ethereum with User Engagement and Volume

Solana achieved record 123 million monthly active addresses, a 42% increase. Memecoins and platforms drive user engagement and trading volume growth. Solana (SOL) is riding a wave of growth, achieving its highest-ever monthly active address count in October. The network recorded over 123 million active addresses, marking a 42% increase from September. This surge highlights a striking rise in user engagement, up from just 12.7 million active addresses in January. Fueling this activity is a booming memecoin market on Solana, driven by platforms like Pump.fun, a memecoin creation app, and the decentralized exchange Raydium. Pump.fun raked in over $30.5 million in revenue last month, while Raydium reported $30 billion in trading volume. Andreessen Horowitz’s State of Crypto report underscored Solana’s appeal, showing over 100 million monthly active addresses, far outpacing Ethereum’s 57 million. Justin D’Anethan of Keyrock emphasized Solana’s speed and low fees, which are particularly attractive for high-frequency traders. He noted that Solana’s efficiency draws users who seek affordable transactions, a contrast to Ethereum’s often high fees. Adding to the excitement is the rise of AI-themed memecoins like Goatseus Maximus (GOAT), which have captivated users and led to a flurry of new token launches. SOL Whales And Price Moments Simultaneously, a Solana whale recently made headlines, selling $44 million worth of SOL on Binance and making colossal profits. On-chain data from Lookonchain revealed the whale bought 500,862 SOL for $11.81 million between August and October. These holdings have now ballooned to $81.14 million. Despite the major selloff, the whale still holds over $45 million in SOL-related assets, sparking optimism for further price gains. Trading at $162, SOL is up 12% this month, and analysts see potential for more, despite current levels still being well below its peak of $260. Highlighted News Of The Day Bitcoin Drop Sparks $350M Liquidations Ahead of U.S. Election

Bitcoin dipped below $69,000, causing $350M in liquidations. Trump’s declining odds coincide with Bitcoin’s price drop. Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data shows that liquidations on Nov. 3 totaled $349.78 million. Long positions accounted for $259.7 million, while shorts added $90.08 million. The sudden market shake-up underscores the uncertainty gripping crypto traders ahead of election day. Bitcoin has displayed significant volatility over the past week. On Oct. 28, it traded at around $67,700 before climbing above $73,300 on Oct. 29. However, prices fell to $67,719 on Nov. 3, before stabilizing at $69,145 according to CoinMarketCap. This instability reflects traders’ anticipation of election outcomes that could sway crypto policy. Election Tensions and Bitcoin’s Movement The U.S. presidential race between Donald Trump and Kamala Harris has influenced Bitcoin’s price behavior. Trump’s odds on Polymarket peaked at 67% on Oct. 30, before falling to 56% by early November. This sharp shift aligns with Bitcoin’s price fluctuation, adding pressure on market participants. Trump is seen as a pro-crypto candidate. He has pledged to remove SEC Chair Gary Gensler and boost the U.S. as a global crypto hub. This promise appeals to the crypto sector, which views him as a friendlier option. In contrast, Harris has taken a more regulated approach. She supports a comprehensive framework for crypto, focusing on stability and investor protection. The race remains tight. FiveThirtyEight data shows Harris with a slight 0.9 percentage point lead on Nov. 3. The election outcome may have a profound impact on Bitcoin’s price. Analysts suggest Bitcoin could reach $100,000 if Trump wins. Conversely, Bernstein expects a notable drop by year-end if Harris secures victory. As the Nov. 5 election approaches, Bitcoin traders are preparing for potential price swings. The market remains sensitive to shifts in political sentiment, making the next few days crucial for crypto strategy. Highlighted Crypto News Today Is XRP Price Set to Recover or Slide Further?

Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower. Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting a strong risk-to-reward setup on the Ethereum chart. According to Martinez, the current level offers a compelling entry point, suggesting that Ethereum could see a significant upside if it holds support. The timing of this potential rebound is especially noteworthy with the US election tomorrow, an event that could heavily influence broader market sentiment. Many in the crypto community anticipate that election outcomes will set the stage for a new rally, with Ethereum positioned to capitalize if bullish momentum returns. In the coming days, all eyes will be on whether ETH can defend this demand zone, as its performance could either validate or challenge the prevailing bullish expectations across the market. For now, Ethereum’s price level remains pivotal, and the market is closely watching for signs of direction amid the election and broader economic uncertainties. Can Ethereum Hold Above Key Demand? Ethereum is trading at a pivotal support level of around $2,450, which many analysts view as a critical “last line of defense” for bulls. Ethereum could experience a deeper decline if this level fails, potentially putting it at risk of underperforming against competitors like Solana or Bitcoin, which have recently shown more relative strength. Investors share this concern and are closely watching ETH’s movement as it teeters on the edge of this crucial support. However, top crypto analyst Ali Martinez has presented a more optimistic perspective on X, suggesting that Ethereum may be poised for a significant recovery. In his recent technical analysis, Martinez emphasized that the current risk-to-reward ratio for ETH is highly attractive for a long position, especially for those with a longer-term outlook. He disclosed that he had set a stop-loss below $1,880—a level limiting downside risk—while targeting an ambitious price of $6,000. This target represents a potential 145% rally from current prices, underlining Martinez’s confidence in Ethereum’s potential upside if it can hold this crucial zone. The next few days, or even hours, could prove decisive for Ethereum as it consolidates at $2,450. To move toward Martinez’s target, ETH must build strength and start challenging local highs, signaling buyers are stepping in. The upcoming price action will reveal whether Ethereum can revive its bullish momentum or succumb to further downside pressure. For now, the $2,450 support is a critical threshold for ETH’s near-term trajectory. ETH Technical Analysis Ethereum (ETH) is trading at $2,450 after a strong rebound following a failed breakdown below the $2,400 mark. This resilience is encouraging for bulls who believe ETH is primed for a significant rally, especially if Bitcoin can break above its all-time high. However, this crucial support level alone isn’t enough to spark a sustained uptrend. Bulls must push the price above the 200-day exponential moving average (EMA), currently at $2,762, to confirm momentum and establish a stronger bullish outlook. The 200-day EMA has acted as a formidable resistance since early August, repeatedly pushing ETH’s price down. A breakout above this moving average would indicate a critical shift, potentially turning it into a new support level. This move would set the stage for ETH to challenge higher levels, fueled by renewed buyer confidence and broader market optimism. Conversely, if bulls fail to reclaim this EMA, Ethereum may face continued downward pressure, leading to further testing of key supports. For now, ETH’s support of around $2,450 keeps hope alive for bulls aiming for a breakout, but reclaiming the 200-day EMA remains essential to fuel the next leg of a bullish rally. Featured image from Dall-E, chart from TradingView

Shiba Inu’s ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours. At the time of writing, SHIB is trading at $0.00001677 and is back into the negative movement in both the seven-day and 30-day timeframes. However, the uptick in activity has given SHIB investors something to watch closely to see if this momentum could drive the token’s price closer to $0.00008. Shibarium Sees Surge In Transaction Activity According to data from Shibariumscan, 4.68 million transactions were processed on the layer-2 network in the past 24 hours, which essentially kickstarts November on a good month. Speaking of November, it’s only been three days into the month, and Shibarium has already processed more than 13.4 million transactions. A closer look at the transaction data reveals a progressive rise in network activity each day. Particularly, data from Shibarium scan shows that 4.21 million transactions were processed on November 1, 4.53 million transactions were processed on November 2, and 4.68 transactions were processed on November 3. Interestingly, this represents an increase of about 103,800% from the 6,540 transactions registered on Sunday, October 27. With this spike in activity, the Shiba Inu community is seeing increased interest in SHIB and related tokens like BONE, which also benefits from Shibarium. The uptick in transaction activity has, in turn, increased the number of BONE tokens recouped as transaction fees, which is also positive in terms of SHIB burns. This is because the accumulated BONE fees on Shibarium are exchanged for SHIB tokens. These SHIB tokens are subsequently burned and permanently removed from circulation, leading to a reduction in the total supply of SHIB. SHIB’s Price To Push Toward $0.00008? Shibarium has undoubtedly been one of the strong pillars of the Shiba Inu ecosystem since its launch. Therefore, the uptick in Shibarium activity is one of the first steps for the SHIB price to return to its all-time high levels of around $0.00008. At the time of writing, SHIB is trading at $0.00001677 and has lost its footing above $0.000017 in the past 24 hours. While achieving $0.00008 would be a steep climb, sustained growth in Shibarium’s usage could provide a strong foundation for future price gains. Right now, the first step towards a return to $0.00008 would be SHIB bulls creating a price floor around $0.000017 or $0.0000165 that would reject any further declines. Nonetheless, November and the upcoming US elections promise to be a bullish month for SHIB and the wider crypto industry.

MAS has announced a plan to promote asset tokenization in financial services. MAS is driving the commercialization of products and services under Project Guardian. The Monetary Authority of Singapore (MAS) is planning to advance tokenization within financial services through a series of new regulatory measures. These initiatives are designed to foster commercial networks, enhance market infrastructure, and establish standardized frameworks for tokenized assets. Besides, the MAS is facilitating the commercialization under Project Guardian by connecting a set of participants’ products and services across multiple assets. Through this, an improvement in capital raising, secondary trading, asset servicing, and settlement of tokenized assets may be realized. Besides, several financial institutions like Citi, HSBC, Schroders, Standard Chartered, and United Overseas Bank (UOB) have formed the Guardian Wholesale Network industry group. It is to establish a multi-member network to commercialize their asset tokenization trials and scale usage. Deputy Managing Director of MAS, Leong Sing Chiong stated: Implementation of Tokenization Two industry frameworks of MAS were developed by Project Guardian industry for the implementation of tokenized assets by financial institutions. In particular, the first is the Guardian Fixed Income Framework (GFIF) integrates the International Capital Market Association’s Bond Data Taxonomy, the Capital Markets and Technology Association’s Token Standards, and the Global Financial Markets Association’s Design Principles for Tokenised Securities. Moreover, this aims to offer an industry guide to implementing tokenization in Debt Capital Markets to boost the industry’s capabilities. It also catalyzes the adoption of tokenized fixed-income solutions. Secondly, the Guardian Funds Framework (GFF) tends to provide a set of guidances for industry best practices for tokenized funds. This incorporates the Guardian Composable Token Taxonomy for the development of tokenized investment vehicles comprising multiple assets. Moreover, in 2023, the authority, MAS introduced the Global Layer One (GL1) initiative as a primary digital infrastructure. It offers seamless cross-border classification of tokenized commercial networks. Global banks such as BNY Mellon, Citi, J.P. Morgan, MUFG, and Societe Generale-FORGE are part of the development of the GL1 platform. It addresses governance, risk, legal, and technology requirements to support the tokenized financial ecosystem. Highlighted Crypto News How Bitcoin Price May Respond to the 2024 US Election Results?

Imagine if you could go back in time and purchase Solana (SOL) for just $0.50. Many think Rexas Finance (RXS) is offering now a comparable prospect. Publically supporting Rexas Finance, a top 10 Solana investor, has made connections between the early Solana days and the growing potential of RXS. Rexas Finance has positioned itself as a leader in the crypto industry with its creative approach to real-world asset tokenization, therefore offering a convincing investment option for individuals wishing to profit from the next wave of digital assets. Introducing Rexas Finance (RXS) Leading the way in real-world asset tokenization, Rexas Finance enables consumers to tokenize a range of physical assets—from real estate and art to goods and intellectual property—on a worldwide basis. Rexas Finance builds a more inclusive and open investing environment by using blockchain technology, therefore enabling more liquidity and access to once-unexplored markets. Rexas Finance is fundamentally focused on streamlining the asset tokenizing process. Designed with user experience in mind, the platform makes it simple for both people and companies to develop, run, and trade asset-backed tokens. Rexas Finance provides a new benchmark for how assets can be seen and traded by removing the conventional complexity connected with asset management using strong tools and a user-friendly interface. The Value of Early Contribution The support of a top 10 Solana investor provides a major confirmation of Rexas Finance’s promise. Those who invest in RXS now could see comparable benefits, much as early Solana investors profited as the blockchain platform grew in appeal. The Solana investor underlined that Rexas Finance not only closes a significant market gap but also has the technology foundation to enable its great ambitions. Rexas Finance seeks to democratize asset ownership so that everyone may engage in a market traditionally open only to a small number. Investors who recall how fast and dramatically Solana’s value jumped will find the same promise in RXS. Currently, at its presale stage, strategic action is to generate money without depending on conventional venture capital sources. This strategy helps to build a strong community of early adopters and investors in the vision of the project. With RXS tokens selling fast and reflecting the early excitement around Solana, the presale has acquired amazing popularity. Rexas Finance is in Stage 4 of its presale right now; tokens run $0.060. Strong investor interest is shown by the presale’s already over $5 million raising. Early presale sales in less than a month yielded over 100% gains for participants. This momentum emphasizes the increasing faith in Rexas Finance as a viable investment choice. Rexas Finance also added another incentive, which is the Rexas Millionaire Giveaway, whereby twenty fortunate winners will each get $50,000 worth of RXS tokens, therefore encouraging community involvement. This project is a means to include possible investors and inspire them to participate in the presale, not only a show-off. The gift gives the investing process an interesting new perspective and increases its appeal to people to guarantee their holdings before prices climb. Listings on CoinMarketCap and CoinGecko help to build credibility. Rexas Finance’s latest CoinMarketCap and CoinGecko listings further help inspire investor trust. Among the Bitcoin community, these sites are quite well-liked since they provide insightful analysis of different initiatives together with useful information. Being highlighted on such platforms helps Rexas Finance establish a stronger reputation and facilitates tracking of the market dynamics and performance of the token for possible investors. Rexas Finance depends much on these listings since they highlight its presale and attract a lot of interest for it. More investors are expected to enter the field as the project gets more well-known, therefore generating a positive feedback loop that can drive the price of RXS higher. Conclusion Supported by a top 10 Solana investor and with the great momentum created during its presale, Rexas Finance (RXS) offers an appealing prospect reminiscent of the early Solana days. The possibility for large returns on investment becomes more evident as the platform keeps innovating in the real-world asset tokenizing domain. Investing in RXS now could feel like traveling back in time to purchase SOL at $0.50—an opportunity not to miss—for anyone wishing to profit from the next wave of cryptocurrency innovation. 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 HalloweenGiveaway: https://x.com/rexasfinance/status/1851983620765852009 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.

Innovative Web3 platform empowers developers and reshapes gaming’s future Iuppiter is set to redefine gaming with the launch of its cutting-edge Web3 conversion platform. This new technology opens the door for developers to easily adapt traditional games into Web3 experiences, integrating NFTs, in-game economies, and direct-to-player interactions without the need for third-party publishers. By providing a streamlined SDK and leveraging its Dock technology to reduce infrastructure demands, Iuppiter places developers in full control, breaking free from costly publisher contracts. Cutting Through the Complexity: Web3 for All Developers The platform’s SDK simplifies blockchain integration, enabling seamless conversion from traditional games to blockchain-based titles. Developers can now incorporate token economies and NFTs without additional infrastructure, making Web3 integration as easy as a few clicks. Meanwhile, Dock, Iuppiter’s flagship technology, acts as a developer’s gateway to blockchain by managing network tasks and data flow via smart contracts. No longer do Web2 developers need to build Web3-specific servers. This streamlined process drastically reduces time-to-market, cutting down costs and opening the doors for smaller studios and indie developers to adopt blockchain technology. Empowering Developers and Enhancing Player Experiences Iuppiter offers game developers the freedom to bypass traditional publishers and their restrictive costs. By covering only SDK fees and minimal marketing expenses, developers can enter the Web3 space with full creative control, directly connecting with players in a decentralized economy. For gamers, this brings new opportunities. With Iuppiter, players gain ownership of in-game assets through NFTs and engage directly with developers, creating a more dynamic and responsive gaming environment driven by user feedback. Global Reach through Strategic Partnerships Iuppiter isn’t just looking to disrupt locally—it’s aiming for global expansion. Through its partnership with XPLA, a leading global gaming mainnet, Iuppiter is positioning itself to become the go-to platform for Web3 game conversion on a global scale. By integrating with XPLA’s robust ecosystem, Iuppiter can onboard developers from around the world, expanding its reach and solidifying its place as a major player in the decentralized gaming revolution. Ushering in the Future of Decentralized Gaming As it prepares for launch, Iuppiter is set to transform the gaming landscape by lowering Web3 adoption barriers, giving developers control, and fostering direct connections with players. This decentralized ecosystem encourages innovation and creativity. An Iuppiter spokesperson shared: “Our goal is to let developers express their full creative potential, free from corporate gatekeepers. We’re building the Web3 gaming ecosystem of the future.” With its cutting-edge technology and global ambitions, Iuppiter is leading the charge toward a more open and player-focused gaming world. Join the BattleChild Launch Celebration: Airdrops and Mini-Games Await! As Iuppiter introduces BattleChild, it’s also rolling out a series of engaging events designed to bring the community together and showcase the game’s features. Airdrop events offer participants a chance to receive exclusive rewards, while mini-game challenges provide fun and interactive ways to explore Iuppiter’s unique gameplay. These events not only celebrate the launch but also allow players to dive into its ecosystem and connect with other enthusiasts. We invite everyone interested to join in and be part of this exciting new chapter in Web3 gaming. Website: https://www.iuppiter.io/sub-community X: https://x.com/iuppiter_io Discord: https://discord.com/invite/4vHKY53KJ3 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.

XRP trading activity is rising, shifting focus beyond traditional payments. XRP Spot ETF applications could significantly boost price and market exposure. XRP, currently trading at $0.5075, witnessed a minor 0.48% surge over the past 24 hours. This upward movement aligns with the broader crypto market, which recorded a slight 0.09% uptick after experiencing losses throughout the day. However, XRP had previously dropped to a ten-day low of $0.4917. Meanwhile, over recent months, the XRP Ledger has seen a significant transformation in network usage. Research revealed a substantial rise in trading activities, with payment transactions now comprising only 44% of total activity, down from 88% earlier this year. The OfferCreate feature has notably gained traction, indicating a growing focus on decentralized exchange (DEX) functionalities and asset issuance, suggesting Ripple’s increasing diversification beyond payments. Moreover, the possibility of an XRP Spot Exchange-Traded Fund (ETF) has generated considerable interest. On 1 November, 21Shares submitted its Spot ETF application for XRP, intending to list on the Cboe BZX Exchange. This marks the latest filing in a series of ETF applications from prominent firms like Bitwise and Canary Capital. Should the U.S. Securities and Exchange Commission (SEC) approve these, it’s exposure could mirror that of Bitcoin and Ethereum, both of which have established Spot ETFs. XRP Bulls To Pull A Rally? Technically, it is grappling with the 50-day and 200-day moving averages, both hovering around $0.55. A Spot ETF approval could provide the necessary catalyst for it to breach these resistance levels and potentially target $0.60 or higher. Key support remains at the $0.50 zone. Additionally, Grayscale has opened its XRP Trust to eligible investors, marking a strategic move that could precede an ETF launch. Grayscale’s earlier success with Bitcoin-based ETFs adds weight to this strategy, although the XRP Trust initially saw price declines upon trading. As anticipation builds, the SEC remains silent on ETF approvals, maintaining ambiguity around potential outcomes. A confirmed decision could either propel XRP into a significant rally or create further uncertainty in the market. Highlighted News Of The Day Can PENDLE Take a Bullish Route After This Record?

Following a recent series of strategic investments, Kroma is proud to announce an exciting new development: JB Investment has joined as a strategic investor. This partnership marks another significant milestone in Kroma’s journey, further solidifying its position as a leading innovator in the Web3 ecosystem. JB Investment, the venture capital arm of JB Financial Group, has built a reputation for its strategic investments across a diverse range of industries. With a strong portfolio spanning industries such as Wavebridge(Digital Asset B2B solution), Carrieverse(Web3 Metaverse game), Mass-Adoption(Blockchain based brand membership solution ‘Vircle’), JB Investment’s decision to back Kroma reflects their belief in Kroma’s potential to lead the next wave of innovation within the Web3 ecosystem. This latest investment from JB Investment builds on Kroma’s recent funding momentum, creating new opportunities for Kroma to accelerate its technological development and ecosystem growth. Kroma plans to explore blockchain-based financial products including RWA(Real World Asset) and DeFi through business and development collaborations with partners at JB Investment while expanding its influence in NFT-based retail services. Kroma, built on the Superchain, is advancing the OP Stack, improving the security and efficiency of blockchain transactions. By integrating Native Account Abstraction, Kroma reduces gas fees and simplifies the user experience for both developers and end-users. Kroma is also the first OP Stack rollup featuring a ZK fault-proof system powered by the Tachyon library, which accelerates ZK proof generation while reducing costs, offering unmatched scalability without compromising security. “We are thrilled to welcome another esteemed partner, JB Investment, to join us as a strategic investor,” said Taekyu Park, Founder of Kroma. “Their involvement is yet another testament to the growing recognition of Kroma’s technological prowess in the market. This partnership will drive Kroma’s growth and help solidify our leadership in the Layer 2 blockchain space.” With JB Investment’s backing, as well as continued support from partners like SK Planet, Xangle, and Hexlant, Kroma is well-positioned to expand its influence across gaming, DeFi, and NFT sectors, driving the future of secure and scalable decentralized applications. About Kroma: As Asia’s leading Layer 2 solution built on the Superchain, Kroma is the first OP Stack rollup with an active fault proof system utilizing zkEVM. Kroma will transition to a universal ZK Rollup once the generation of ZK proofs becomes more cost-efficient and faster — using its original modular ZK backend library, Tachyon. Kroma plans to push for gamified web3 experience backed by its strengths in gaming, consumer applications, Asia market, and technical capabilities for true universal web3 adoption. 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.

Cardano (ADA) has once more dropped below the crucial $0.3389 support level, sparking fears of an extended bearish phase. This level has previously held strong as a line of defense for ADA, but its recent breach suggests that sellers may be gaining the upper hand. With ADA navigating lower levels, investors are left questioning whether this slip could open the door to a deeper downtrend. As bears tighten their grip, this article aims to analyze the recent decline of ADA below the critical $0.3389 support level and evaluate the likelihood of a deeper downtrend unfolding. By exploring technical signals and market dynamics, this piece will provide readers with a clear understanding of ADA’s current position, potential risks, and paths forward in the face of mounting bearish pressure. Technical Analysis: Is ADA Set For Further Slide? On the 4-hour chart, ADA has recently broken below the $0.3389 mark, with its price now exhibiting strong bearish momentum as it trades beneath the 100-day Simple Moving Average (SMA). This positioning under the SMA is a key indicator of a possible prolonged downside move, suggesting that sellers are currently in control. If selling pressure persists, the $0.2388 level will become an important area to monitor. Also, the 4-hour Composite Trend Oscillator for ADA is displaying negative signals, as both the SMA line and the signal line have dropped below the zero level and are nearing the oversold zone. Typically, this movement indicates that selling pressure is intensifying, showing that sellers are becoming increasingly dominant in the market. On the daily chart, Cardano is exhibiting pronounced downward strength, highlighted by a bearish candlestick pattern that signifies increased selling pressure below the $0.3389 mark. This pattern indicates that sellers are firmly in control of the market, relentlessly driving the price lower, prompting a strong likelihood of further losses in the near term. An in-depth examination of the 1-day Composite Trend Oscillator reveals that Cardano is likely poised for prolonged losses. Following its failure to break above the SMA line, the signal line is descending and moving into the oversold zone, indicating a significant negative shift in momentum. If this downward trend continues, Cardano may face considerable challenges in staging a recovery, which could lead to an extended period of sluggish price movement. Key Levels To Watch In The Coming Days As Cardano faces a challenging market landscape, investors must monitor several key levels in the coming days. Attention should be directed toward the support level at $0.2388, which may provide crucial protection against additional downturns. Should ADA sustain its position above this threshold, it could pave the way for a potential recovery, aiming for the $0.3389 level and even higher. Conversely, if ADA falls below the $0.2388 support level, it may indicate a deeper bearish trend, leading to possible declines toward other support levels and triggering heightened selling pressure.

PENDLE reached its 4-month high at $5.26 in late October. The DeFi protocol exhibited a rebound after surpassing $2.5B in TVL. PENDLE, the native token of the yield-trading platform Pendle, made bullish strides with double-digit gains over the last 30 days. The token’s price climbed 37.6% to hit a 4-month high, while the protocol’s total value locked (TVL) rose by 31.5%, reaching a 1-month high Evidently, PENDLE saw its price rise from $3.825 to a high of $5.26 at the end of October. The protocol noted its total value locked (TVL) increasing from $1.948 billion to a high of $2.562 billion, as per DefiLlama. Reportedly, this DeFi asset has set a bullish accumulation record in the last 24 hours. This DeFi altcoin leads the pack by ranking as the token with the highest buy volume on Arbitrum, exceeding $3.88 million, across multiple decentralized exchanges (DEXs). According to data from the on-chain analytics platform Alphanomics, PENDLE recorded a DEX volume of $28.15 million over the past seven days, with nearly 35,531 trades. Analyzing and Forecasting PENDLE’s Path Ahead In the monthly timeframe, PENDLE indeed exhibited positive spikes but is the trend really bullish? Upon closer examination, the altcoin’s price action appeared to hover within a horizontal channel last week, constrained by a resistance of $5.260 and a support of $4.100. Meanwhile, the current price action shows bearish momentum in relation to the 20-day exponential moving average (20 EMA). At the time of writing, PENDLE’s price stood at $4.499, beneath the 20 EMA of $4.575. On the other hand, the token’s relative strength index (RSI) is positioned close to the neutral zone, currently at 49.44. If bullish signals gain momentum in the crypto market, PENDLE could test a resistance level of $4.995. If the uptrend continues, it will potentially reach a high of $5.603. Conversely, if PENDLE falls below the nearest support level of $4.426, it may dip to lows of $3.939 and $3.600. Highlighted Crypto News Today Binance Co-Founder Attempts to Dispel FUD on Project Listing Fees

A few analysts say Ripple’s XRP is preparing for an explosive price action. Steph, an analyst under the “StephIsCrypto” username, offers a bold, positive outlook for XRP, saying that a significant price rally is in the pipeline thanks to increased global liquidity. In a published analysis, Steph highlighted the token’s historical relationship with increased liquidity and structural patterns like the descending channel and the Bollinger Bands. According to Steph, these are the primary factors that set up XRP for a price ascent soon. At the time of writing, XRP was trading at $0.5052, up 0.5% in the last 24 hours, but sustained a nearly 2% rally in the last week, data from Coingecko shows. XRP And Its Relationship With Global Liquidity Higher global liquidity often favors Ripple’s XRP, fueling price rallies. In Steph’s analysis, a token’s liquidity, or the available cash flow across the market, traditionally helps XRP sustain price action in past cycles. Steph is now looking at the same trajectory, where global liquidity is increasing thanks to favorable policies from central banks. He cites the possible move of the Federal Reserve, which can introduce additional money into circulation, thus weakening the fiat currencies but creating more capital. Steph sees the token as a great investment when the liquidity surge happens. As Weighted Global Liquidity Index Moves Up, Riskier Assets Increase Steph’s thesis on XRP is also based on the Weighted Global Liquidity Index (WGLI) movement. The WGLI tracks the world’s money supply by looking at central banks’ balance sheets and other important financial statements. The analyst argues that the index reflects possible price movements of risky assets, like XRP. If the index trends upward, crypto assets tend to increase as well. According to the analyst, every XRP price surge happened immediately after an increase in the index. Currently, there’s a divergence between XRP’s price and the index. Although there’s an increase in global liquidity, XRP’s price appears stable. But for Steph, this setup acts as his bullish signal. Bollinger Bands Squeeze And Descending Channel Favor SRP According to Steph, even the Bollinger Bands and Descending Channel set up the altcoin for a favorable run. Since 2021, XRP has been trading in a descending channel, with multiple resistance price points and declining volumes. He pointed out that the asset’s Bollinger Bands are compressed. If the bands tighten in crypto, it suggests a probable price action. For example, XRP’s Bollinger Bands compressed in 2017, which was followed by the asset’s price rally. If the analysis and data trends hold true, the analyst expects XRP to trade at $14, translating to an increase of 2,670%. Featured image from Techopedia, chart from TradingView

Binance was accused of charging a high amount of fees for listings by Moonrock Capital CEO. The allegations have sparked a debate on centralized exchange rules within the community. A few days ago, the CEO of Moonrock Capital took to Twitter to allege Binance of charging high fees for listing. Following this, several prominent crypto members began discussing the issue bringing to the forum varied opinions. It also raised concerns for decentralized projects and their scope within centralized exchanges such as Binance and Coinbase. Recently, the co-founder and chief customer service officer of Binance, Yi He announced on her X account the nuances of Binance listings. This was in defense of the aforementioned allegations by Simon, the Moonrock Capital CEO. Yi He stated that if a project does not pass Binance’s screening process, then no amount of money can get a listing for it. Moreover, the co-founder also asked the community to proceed for DYOR at projects that were listed and whether they were expected to give a 20% share. Simon’s allegations included that a Tier 1 project waited in due diligence for a year to secure a Binance listing. Furthermore, he also stated that Binance demanded a 15% share of the project’s tokens. Secondly, Yi He also expounded on the exchange’s airdrop rules, that if a project has 20% of tokens it can still be listed on Binance. However, speculations remain on the different exchanges charging fees for listing. How is Community Response to Allegations Surrounding Binance? The community has seen widespread response to the issue in the last few days. Andre Cronje, the co-founder of 0xSonicLabs stated that Coinbase asked for payments but “Binance charged us $0”. Yi He also quoted his tweet within her response. Furthermore, another prominent market participant, Michael van de Poppe, founder of MNA Capital expressed his views. He stated that decentralized exchanges could attract more users due to such alleged rules. Other centralized exchanges such as Bybit and KuCoin have not commented on the issue. Highlighted Crypto News Today: How the Crypto Market Will React to the Fed’s November Rate Cut?

Doge2014, an ERC-20 token celebrating Dogecoin’s 10th anniversary, has raised over 600K via its ongoing pre-sale. Potential investors would enjoy bonuses, airdrops, and rewards before the pre-sale ends and the big burn event takes place. Doge2014 is offering everyone an opportunity to reap gargantuan gains and bonuses of up to 150% when they purchase this celebratory token at prices as low as $0.00013, notably lower than the official $0.000348. Doge2014 introduces the VIP category for investors looking to make higher gains. To become one, they must purchase $1000 or more worth of $Doge2014. In addition, they will also get free Dogecoin airdropped to their wallet at the end of the pre-sale—the more $Doge2014 they buy, the more free DOGE they receive. The Big Burn Event According to the team, a big token burn event is scheduled to take place after launch. Over 50% of the total $Doge2014 supply will be burned. This will drive the token price, offering investors greater returns on investments (ROI). Exchange listings on some of the top crypto exchange platforms are underway with details to be announced soon. While the Doge2014 pre-sale promises over 167% in ROI upon launch, this token burn event will promote scarcity, increase token demand, and drive the token’s value vertically. Huge Rewards for VIP and Regular Investors To become a VIP, an investor must buy $1000 or more worth of $Doge2014. Those who purchase below the mark are regular investors and stand to enjoy bonuses and gains as well. VIPs that buy $1000+ worth of $Doge2014 at the price of $0.00021 will receive 4.6+ million coins and a 60% token bonus. A $5K purchase at the price of $0.00017 will receive 29+ million coins and a 100% token bonus. Finally, if an investor buys $10k+ worth of this token, they will receive 73+ million coins and a 150% token bonus for the lowest price of $0.00013. VIPs will buy $Doge2014 at a significantly lower price than the official launch price of $0.000348, therefore guaranteeing instant profit upon launch. VIPs will receive free DOGE airdrops once the pre-sale ends. Regular investors, however, are not left out; they will receive 20% to 30% bonus tokens, depending on their purchase. Additionally, they can stake $Doge2014 to earn passive income. According to the team, one lucky VIP will win a cash prize between $500 to $5000 each time a $100k milestone is reached. The first winner won $850 and the next one will be picked once 700K is raised, and this could happen soon. Get in early before the presale ends and the big burn takes place. About Doge2014 Doge2014 is an ERC-20 token designed to commemorate the 10th anniversary of the famous Dogecoin. Like its predecessor, this celebratory token is offering investors an opportunity to record huge ROI immediately after launch. With a staking program, VIP giveaways, bonuses, and airdrops, Doge2014 promises huge gains for all investors—VIPs and regulars. Media Contact Company Name: Doge2014 Contact Person:! Lawrence Oakland, Marketing Director Company website: https://doge2014.io Company Email: [email protected] Social Contact X: https://twitter.com/Doge2014token Telegram: https://t.me/officialdoge2014token 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.