As the festive season draws near, a few lesser-known cryptocurrencies are poised for remarkable growth. These hidden gems in the crypto market may experience significant surges during the holiday rally. For those eyeing big opportunities with small investments, exploring these digital assets could lead to substantial rewards. CYBRO Presale Achieves $4 Million Milestone: A Unique Multichain DeFi Solution CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This multichain cutting-edge platform offers investors unparalleled opportunities to maximize their earnings across various blockchains in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.04 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In an exciting development, CYBRO has also launched a referral program, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code. In addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 100 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. Join CYBRO and aim for future returns up to 1200% Kaspa (KAS) Rises Over 35% This Month, Approaches Key Resistance Levels Kaspa (KAS) is trading between $0.13 and $0.16, showing significant growth with a 35.72% increase over the last month and 14.61% in the past week. The Relative Strength Index (RSI) is at 60.32, indicating bullish momentum. The nearest resistance level is at $0.18, with a second resistance at $0.21. Breaking through these levels could signal further upward movement. The 10-day Simple Moving Average is $0.17, slightly above the current price range, while the 100-day SMA is $0.15. Support levels are at $0.11 and $0.07, providing potential floors in case of a downturn. Technical indicators suggest Kaspa is gaining momentum, but traders should watch for movement around key resistance and support levels. Sui (SUI) Shows Strong Growth: Can It Break Through to New Highs? Sui (SUI) is trading between $3.09 and $4.21, showing significant growth with a 13.99% increase over the past week and an impressive 81.13% rise in the last month. Over six months, it has surged by 238.34%, indicating strong upward momentum. The Simple Moving Averages for 10 and 100 days are $3.75 and $3.69, suggesting consistent price growth. The Relative Strength Index is at 49.24, pointing to a neutral market sentiment. SUI is approaching its nearest resistance level at $4.63. If it breaks this barrier, the next target is the second resistance level at $5.75, potentially offering further gains. Conclusion In summary, while cryptocurrencies like KAS and SUI show potential, their short-term growth may be limited. CYBRO, however, stands out as an exceptional opportunity. This advanced DeFi platform on the Blast blockchain offers investors unmatched ways to maximize earnings through AI-powered yield aggregation. With features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience with seamless deposits and withdrawals. Its commitment to transparency, compliance, and quality sets it apart. The strong interest from crypto whales and influencers further highlights CYBRO’s promise as a leading project in the current market rally. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io 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.

From $3.4 billion at the beginning of the year, this is a 300% increase in lending activity. As for other indicators, fees have increased by 48% to $40.34 million. Aave, a pioneering protocol in decentralized finance (DeFi), has reached a significant milestone: $10 billion in active loans. From $3.4 billion at the beginning of the year, this is a 300% increase in lending activity. Active loans on the platform rose by 16.4 percent to $10.04 billion in the previous 30 days, according to data from the on-chain DeFi monitoring tool Token Terminal. Also, the total value locked (TVL), which includes all deposited crypto on the protocol, increased by 26.7% to $15.96 billion. Protocol’s Meteoric Rise As for other indicators, fees have increased by 48% to $40.34 million, bringing the total to over $490 million (a 33% improvement over the previous 30 days). Revenue has increased by 82% to $9.36 million per month as a result of this. Similarly, the projected yearly income has been updated to $113.84 million. Earnings for Aave have surged 1,628% in the last 30 days, thanks to this rise. Also, there has been a little uptick of 0.9% from last month, bringing the total number of token holders to about 173,000. During that time, the number of daily active users increased by almost 40%, reaching 6,200 per day and over 30,000 per week, which enhanced the figure. Stani Kulechov, founder of Aave, has pointed out that the protocol’s meteoric rise reflects DeFi’s larger “renaissance.” Aave is planning to expand its horizons beyond its current loan operations and may launch on Spiderchain, Botanix Labs’ Bitcoin layer-2 network. If this integration goes through, Ethereum apps will be able to interact with Bitcoin assets thanks to the combination of Bitcoin’s vast liquidity and Aave’s lending infrastructure. Highlighted Crypto News Today: Can Solana (SOL) Break Past the $260 Mark?

As Bitcoin reaches unprecedented heights and the crypto market buzzes with excitement, investors are seeking the next big opportunity. Established tokens are attracting attention, but a new contender may emerge as the standout star in this bullish landscape. XYZVerse (XYZ), a groundbreaking memecoin, unites sports fans across football, basketball, and more. Aiming for remarkable growth, it could surpass recent market successes and capture the spotlight in the crypto world. 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! XRP (XRP) XRP has seen significant gains recently. In the past week, its price jumped by 76.19%. Over the last month, it climbed by 101.38%. Looking back six months, XRP’s price has grown by 107.91%. Currently, the price ranges between $0.66 and $1.36. This upward movement suggests XRP might continue to rise. The 10-day simple moving average is $1.10, while the 100-day average is $1.07. This close range indicates steady growth. The relative strength index is at 46.63, which is neutral. This suggests there is room for the price to move higher without being overbought. If SOL continues to rise, it could test the nearest resistance level at $267.85, which is about a 6% increase from current prices. Breaking this could lead to the second resistance at $308.83, representing a further 15% gain. On the downside, support is found at $185.89, about 12% below current levels, and then at $144.91. Given the recent performance, SOL might be poised to reach new heights. Solana (SOL) Solana (SOL) has been on a remarkable ascent. In the past week alone, its price has climbed by 8.87%. Over the past month, SOL skyrocketed by 51.74%. Even looking back six months, it has increased by 36.95%. Currently, SOL is trading between $211.69 and $252.67, reflecting growing investor interest. Technical indicators suggest this momentum might continue. The 10-day Simple Moving Average is $243.25, slightly above the 100-day average of $230.85. This points to a short-term bullish trend. The Relative Strength Index sits at 52.46, indicating SOL isn’t overbought or oversold. With a Stochastic value of 36.11 and a MACD level of 0.6938, there are signs of potential upward movement. If SOL continues to rise, it could test the nearest resistance level at $267.85, which is about a 6% increase from current prices. Breaking this could lead to the second resistance at $308.83, representing a further 15% gain. On the downside, support is found at $185.89, about 12% below current levels, and then at $144.91. Given the recent performance, SOL might be poised to reach new heights. Conclusion XRP and Solana are promising in this bull run, but XYZVerse’s all-sport memecoin could outperform them with its unique mix of sports enthusiasm and meme culture. 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.

Bitcoin has reached a new all-time high, surging to $97,852 on Binance. The cryptocurrency is up 5% in the last 24 hours and has gained an impressive 43% over the past 16 days since November 5. The momentum shows no signs of slowing as BTC price continues its steady ascent. Several key factors are driving this remarkable rally: #1 US Strategic Bitcoin Reserve Trade Following Donald Trump’s victory in the US presidential election, market sentiment has shifted significantly. The initial “Trump trade” has evolved into the “US Bitcoin Reserve Trade,” fueled by speculation that President-elect Trump may establish a Strategic Bitcoin Reserve (SBR). This follows his pledge at the Bitcoin 2024 conference in Nashville. Industry insiders like David Bailey, CEO of BTC Inc and a Trump campaign advisor, and Dennis Porter, CEO of Satoshi Act Fund, have hinted at the possibility of the SBR becoming a reality. Both have urged that the SBR be established within the first 100 days of Trump’s presidency through an executive order. They warn of the United States potentially falling behind in the global race to accumulate BTC. Bailey revealed on November 9, “There is at least one nation-state that has been actively acquiring Bitcoin and is now a top 5 holder. Hopefully, we hear from them soon.” He emphasized his certainty with a meme, indicating his information is based on knowledge rather than speculation. Mike Novogratz, CEO of Galaxy Digital, confirmed in a recent interview with Bloomberg TV that “countries are already buying BTC in huge volumes.” The “US Bitcoin Reserve Trade” is expected to continue until Trump’s inauguration on January 20. It remains to be seen whether Trump will follow through on his promises, potentially moving over 208,000 BTC confiscated by law enforcement into the reserve or even adopting Senator Cynthia Lummis’ Bitcoin Act proposal to purchase 1 million BTC over five years. #2 Potential Appointment Of A ‘Crypto Czar’ A leak on Wednesday suggests that President-elect Trump’s team is in discussions about creating a new White House position dedicated solely to Bitcoin and crypto policy. Sources familiar with the transition efforts indicate that candidates are being vetted for this role. If established, it would be the first-ever Bitcoin and crypto-specific White House position, underscoring the influence the nascent industry stands to wield in the incoming administration. It is unclear whether the role will be a senior White House staff position or a “crypto czar” overseeing policy and regulation across the federal government. Crypto industry advocates are pushing for the role to have a direct line to Trump – a massive news for the entire industry. #3 Launch Of Bitcoin ETF Options The introduction of Bitcoin ETF options has had a significant impact on the market. BlackRock’s iShares BTC Trust (IBIT) ETF options, launched on November 19, 2024, saw an unprecedented $1.9 billion in notional exposure on their first day of trading. Bloomberg ETF expert James Seyffart stated, “Final tally of IBIT’s 1st day of options is just shy of $1.9 billion in notional exposure traded via 354k contracts. 289k were Calls & 65k were Puts. That’s a ratio of 4.4:1. These options were almost certainly part of the move to the new Bitcoin all-time highs today.” Jeff Park, Head of Alpha Strategies at Bitwise Invest, recently highlighted the game-changing nature of Bitcoin ETF options: Park explained that Bitcoin ETF options provide a regulated market where the Options Clearing Corporation (OCC) protects clearing members from counterparty risks, allowing Bitcoin’s synthetic notional exposure to grow exponentially. He emphasized that this could lead to an explosive recursive effect on Bitcoin’s price due to unique volatility characteristics and the “volatility smile.” #4 Surge In Spot Market And Bitcoin ETFs The latest rally has also been driven by significant activity in the spot market. Heavy spot bids have propelled the price higher, with yesterday’s BTC ETF inflows being a crucial factor. Inflows amounted to $773.4 million, with BlackRock contributing $626.5 million, Fidelity $133.9 million, Bitwise $9.2 million, and ARK Invest $3.8 million. Over the past three days, US spot Bitcoin ETFs have purchased a staggering $1.856 billion worth of Bitcoin. The total net asset value of US Bitcoin spot ETFs has exceeded $100 billion. Twelve Bitcoin ETFs, including those from BlackRock and Fidelity, were issued in January and have reached this milestone in just ten months. At press time, BTC traded at $96,920.

Cryptocurrency investors are seizing opportunities that could lead to great wealth in the near future. Right now may be the prime moment to invest in certain digital assets. This article explores five specific coins that have the potential to yield significant returns by 2025. Discover which cryptocurrencies could shape the next wave of millionaires. CYBRO: Your Multichain Gateway to Unmatched Crypto Gains! Welcome to the world, where CYBRO is redefining the rules of crypto investing and putting GIGA PROFITS within your reach. As a multichain platform designed to enhance yield opportunities across multiple blockchains, CYBRO maximizes your crypto earnings like never before. Whether you’re farming yield, stacking ETH, or just HODLing for those epic returns, this is the token for those who know how to win. CYBRO’s Presale is Hot and Approaching $4 Million! CYBRO’s presale is skyrocketing and inching toward the $4 million mark — and there’s a reason for that. At just $0.04, you’re getting in at a massive discount before the token hits the market at $0.06. Over 11,000 holders have already joined the alpha squad, and they’re stacking rewards like never before! Why CYBRO? Because Winning is the Only Option. Here’s why the community is rallying around CYBRO: Here’s why the community is rallying around CYBRO: Yield Farming: Top-tier user interface with multiple strategies to farm APY and Points Multichain capabilities: flexibility and access to diverse yield opportunities Effortless Deposits and Withdrawals: Easy in, easy out, so you’re always in control of your funds. AI-Powered: Create AI-tailored portfolios, built for your preferences and optimal performance. Early Investors Win Big Don’t wait until prices soar! By investing now, you’ll not only benefit from immediate growth potential but also unlock weekly ETH rewards and participate in community-driven airdrops. Early adopters are already seeing gains, and you can too! Join CYBRO today and secure your place in this fast-growing ecosystem. The future belongs to those who act now—don’t miss your chance before prices skyrocket! Get in Early, Reap the Rewards with CYBRO! Toncoin: Exploring The Open Network’s Decentralized Payment Solutions Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized, open-source layer-1 blockchain. Operating on a proof-of-stake consensus model, TON focuses on scalability and reliability. It aims to provide fast and secure payment services with minimal fees. The network supports a comprehensive ecosystem that includes decentralized storage, services, DNS, anonymous networking, and efficient payment processing. With these features, Toncoin offers users a versatile platform for various decentralized applications and transactions, positioning itself as a significant participant in the blockchain space. Aptos: A Scalable and Upgradable Layer-One Blockchain Solution Aptos is a new layer-one blockchain designed to address high transaction fees and network congestion. It uses a Proof-of-Stake consensus mechanism and focuses on scalability, safety, and flexibility. Developed by Aptos Labs, founded by core contributors from Diem (a Meta initiative), it employs the Move programming language for smart contracts. Aptos supports a wide range of Web3 applications and aims to provide a reliable and upgradable platform. By tackling issues seen in other blockchains, Aptos positions itself as a potential alternative in the evolving blockchain landscape. Solana SOL – A Scalable Blockchain for Decentralized Applications Solana is a blockchain platform focused on scalability. It offers a foundation for decentralized applications, competing with networks like Ethereum and Cardano. Solana stands out with architectural choices aimed at faster transactions and flexible development options across multiple programming languages. SOL is Solana’s native cryptocurrency. It is central to the ecosystem, facilitating transactions, running custom programs, and rewarding network supporters. The SOL coin holds value as it underpins the operation of the Solana ecosystem. It rewards network participants and allows users access to a suite of projects on Solana. Unlike some platforms, Solana avoids sharding or second-layer solutions for scalability. It aims to attract developers and investors with its high-capacity network. XRP: A Fast and Borderless Digital Currency XRP is a cryptocurrency supported by the XRP Ledger. It is designed to offer fast, low-cost, and borderless transactions. The system is open and decentralized, operating without a central authority. This ensures secure and irreversible transactions that do not require a bank account. XRP was created by Jed McCaleb, Arthur Britto, and David Schwartz. It launched with an initial supply of 100 billion coins. Ripple, the company supporting XRP, was gifted 80 billion coins to enhance network liquidity and support the ecosystem. They placed 55 billion XRP in escrow to control the release of supply. The name XRP comes from “ripple credits.” It aims to make payment transfers smooth across different currencies. Conclusion While TON, APT, SOL, and XRP may show less immediate growth, the current bullish market offers a chance to explore innovative platforms like CYBRO. This advanced DeFi platform on the Blast blockchain provides investors with unmatched opportunities through AI-powered yield aggregation. Features such as attractive staking rewards, exclusive airdrops, and cashback on purchases enhance the user experience. Seamless deposits and withdrawals add to its appeal. CYBRO’s focus on transparency, compliance, and quality has drawn significant interest from major crypto investors and influencers. It stands out as a promising project for those looking to maximize earnings during this favorable market phase. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io 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.

As of now, the US SEC has received no public feedback about the proposed rule change. The commission’s cautious stance on cryptocurrency-related products is reflected in this delay. The judgment on Franklin Templeton’s Bitcoin and Ethereum index ETF has been postponed by the US Securities and Exchange Commission (SEC). It has been decided that the proposal will be decided on January 6, 2025. In order to provide the regulatory body enough time to evaluate it, based on the filing on November 20, 2024. Franklin Templeton’s Bitcoin and Ethereum index ETF was postponed by the US SEC, according to a filing dated November 20, 2024. Consequently, the regulatory agency is requesting that the review time be extended until January 6, 2025. The application was submitted on September 19, 2024, and the extension will provide extra time to review it. Cautious Stance Moreover, initiating a thirty-five (35) day review process, the proposal was first published in the Federal Register on October 8. Therefore, the date set for the review’s conclusion was November 22, 2024. As a result, the review was set to end on November 22, 2024. But the SEC is taking its time to examine the fund’s crypto compliance, as it has decided to postpone its judgment. As of now, the US SEC has received no public feedback about the proposed rule change. So it is concentrating on internal evaluations. The commission’s cautious stance on cryptocurrency-related products is reflected in this delay. With more time, they can investigate the structure of the fund .And the dangers associated with the market in more depth. With the planned Bitcoin and Ethereum index ETF, Franklin Templeton is expanding its efforts in the cryptocurrency market. A prior spot Bitcoin ETF and a spot Ethereum ETF were introduced by the asset manager, who now manages $1.5 trillion in assets. Highlighted Crypto News Today: Sui Network outage causes 5% drop in SUI Crypto price

Sui Network experienced a significant outage, halting block production for over an hour. The SUI price dropped more than 5%, reflecting the market’s reaction to the network’s instability. The Sui Network faced an outage lasting over an hour on November 21, resulting in a 5% drop in the SUI price. This incident highlights concerns about the blockchain’s reliability and the volatility it can trigger in the crypto market. The disruption started at 09:15 UTC and lasted more than 51 minutes, during which the network could not produce new blocks. This halt in block production is important because it prevents the validation and processing of transactions. With active block production, transactions are timely, leading to certainty for users. SUI Crypto Community Reacts The community’s reaction with many users using social media to voice their concerns. Some drew parallels with past issues experienced by Solana, questioning whether SUI might face similar reliability challenges as it scales. Upbit a prominent cryptocurrency exchange suspended SUI deposits and withdrawals in response to the network’s issues. Which is essential for decentralized applications and transactions. The Sui development team has acknowledged the outage and is investigating its cause. While they have yet to determine the exact issue, they have assured users that they are working to address it promptly. Potential factors for the downtime may include validator problems, software bugs, or network congestion. However, no specific reasons have been confirmed yet. SUI Crypto price drops After the Sui Network outage, the price of SUI dropped by more than 5%, reaching about $3.36. This shows how network problems can affect investor trust and the price. And in the resistance about $3.6. What’s Next for $SUI? The development team for $SUI is expected to provide further updates soon regarding the root cause of the outage and the measures they will implement to prevent similar issues. This situation highlights the technical challenges involved in building decentralized networks. Highlighted Crypto News Today Can Solana (SOL) Break Past the $260 Mark?

Binance launches $SLERFUSDT and $SCRTUSDT perpetual contracts with up to 75x leverage. A crypto whale purchases $2.62 million worth of $SLERF, acquiring 6.13 million tokens. Binance Futures has officially listed USD-margined $SLERFUSDT and $SCRTUSDT perpetual contracts, offering leverage of up to 75x. Following the announcement, a crypto whale made a significant purchase, acquiring 6.13 million $SLERF tokens at $0.427 each. The transaction totaled 10,790 $SOL, or $2.62 million. The listing of $SLERFUSDT perps significantly enhances Binance’s offerings, allowing traders to speculate on $SLERF’s price movements without holding the token. The introduction of high leverage increases both the potential rewards and risks for traders, particularly those seeking amplified returns. Binance Boosts $SLERF’s Legitimacy The whale’s $2.62 million transaction underscores the growing interest in $SLERF. Such large-scale purchases typically signal a strong belief in the token’s value, potentially driving further market participation. The whale’s move may encourage additional traders to follow suit, boosting liquidity and overall market interest in $SLERF. In addition to $SLERF, Binance’s listing of the $SCRTUSDT perpetual contract broadens its derivatives portfolio, catering to various trading preferences. The introduction of both tokens provides opportunities for traders seeking high-risk, high-reward strategies. However, the increased leverage also introduces greater risk, making it essential for traders to assess their risk tolerance. Binance’s backing of $SLERF through its perpetual contract listing elevates the token’s profile within the market. $SLERF, a memecoin associated with the Solana blockchain, now gains more legitimacy and visibility. This visibility may attract both retail and institutional investors, further contributing to its growth. The token is poised for increased adoption, with both retail and institutional investors likely to take a closer look. As $SLERF’s perpetual contracts gain momentum, its trajectory will depend on broader market sentiment and continued support from platforms like Binance. Highlighted Crypto News Today Phillip Banks Enforces Copyright on Viral Chill Guy Meme

Solana trades at $244, gaining over 2.80%. Solana has experienced $14.86 million in liquidations over the past 24 hours. Bitcoin (BTC) crosses above the $98K mark, setting a new all-time high at $98,342. The BTC rally has altered the altcoin market, causing major assets, except Ethereum (ETH), to gain momentum. Among them, Solana has broken through its crucial resistance above $230. Notably, the altcoin has a moderate spike of 2.82%. With a $116 billion market cap, Solana trades at $244.81. The intra-day trading price of SOL is noted at $237. Later, the asset has climbed to the current trading level. Meanwhile, Solana has witnessed a 24-hour liquidation of $14.86 million, as per Coinglass data. Consequently, the daily trading volume of SOL has reached $7.72 billion. Inferring the weekly price chart, Solana has recorded a 13.20% gain. The asset began trading at the downside—$215.63. As days progressed, the altcoin gained momentum and jumped to a high of $248.19. Can SOL Rise Above Bearish Pressure? The ongoing market sentiment of Solana rests in the neutral zone, as the daily relative strength index (RSI) is found at 57.66. In addition, the daily frame of SOL displays the short-term 9-day moving average beneath the long-term 21-day moving average. SOL’s four-hour price chart pointed out the downside correction. The current trading momentum has the potential to pull the price back to the nearby support level of $232.57. If the price plunges even deeper, SOL might slip to a low in the $225 range. On the flip side, where the bullish momentum retrieves its lost strength, SOL could likely mount to the $253.71 mark. Further upside correction might drive the price of Solana even higher. Moreover, The asset is just 6.96% away from hitting a new all-time high at $260.06. In addition, Solana’s technical indicators exposed the current bearish momentum, inferring the Moving Average Convergence Divergence (MACD) line. It is perhaps positioned below the signal line, indicating the forthcoming downtrend within the market. SOL chart (Source: TradingView) The Chaikin Money Flow (CMF) indicator is found at 0.03 suggesting a brief positive money flow, which also highlights a possible spike in demand ahead. In the meantime, the daily trading volume of SOL has soared by over 17%. Highlighted Crypto News Why Is Ethereum (ETH) Stalling at $3.1K While Bitcoin Surges?

A prominent player has dominated the limelight in the crypto circle by buying more than 105 billion PEPE tokens at a cost of $2 million. The token has fluctuated wildly over the course of the last several months and this particular exchange on November 20, has caused significant interest due to its enormity and the prevailing market tendencies. Investor Confidence In The Face Of Volatility A bold move from an anonymous investor comes at a time when the meme coin is seeing some volatility. PEPE has been down, trading at about $0.00002027 as of November 19 after hitting an all-time high of about $0.00002457 earlier this month. Based on data from Lookonchain, the unknown investor shelled out $2 million worth of USDC to purchase 105,328,301,633 (approximately 105.33 billion) PEPE in a single transaction. The investor thought it would be smart to buy more of the joke cryptocurrency at a lower price, even though the price was going down. Some investors might agree with the choice. This includes “whales,” who have been buying PEPE during market swings. PEPE: Market Trends And Performance Since its April 2023 launch, PEPE has undergone significant transformation. Starting extremely modest at $0.00000001, its market value skyrocketed in a few weeks to over $1 billion. This coin got rather more well-known as prominent exchanges like Robinhood and Coinbase started trading it. Still, PEPE is vulnerable to market patterns swayed by more general economic events and social media, just as many cryptocurrencies are. Among the meme coins that have lately gone somewhat popular are PEPE, Dogecoin, and Shiba Inu. Actually, PEPE saw an amazing increase of more than 106% just in mid-November. Prospects And Obstacles Although the recent acquisition indicates robust investor interest, PEPE and comparable meme currencies are confronted with numerous obstacles. Market volatility continues to be a significant concern, as prices can fluctuate significantly in response to regulatory news or social media trends. PEPE’s standing in the market could potentially be impacted by rival coins. To maintain its drive, PEPE needs to draw in fresh investors while also showing practical usefulness that goes beyond its status as a joke. For those investors pondering an initiation or increase of their stakes in meme currencies like PEPE, keeping abreast with the shifting rhythm and patterns of the cryptocurrency ecosystem is of utmost importance, given its constant advancement. The most recent large-scale transaction is indicative of the risks and opportunities that are inherent in this rapidly evolving market. Investors are closely monitoring the outcome of this audacious maneuver to determine whether it will prove advantageous or whether the volatile nature of cryptocurrencies will generate additional uncertainty in the near future. Featured image from DALL-E, chart from TradingView

Bitcoin Cash (BCH) broke its prolonged bearish trend with a 24% rally, rising from $429 to $533. The recent surge in BCH follows Bitcoin’s record high above $98.3K. As Bitcoin (BTC) recorded a new all-time high of $98,342 on Thursday, its hard fork, Bitcoin Cash (BCH), broke a prolonged bearish trend and entered the $500 zone for the first time since May. Over the past 24 hours, BCH’s price soared over 24%, rising from a low of $429 to an intraday high of $533. BCH Price Line (Source: CMC) Bitcoin Cash has had a slow start in the current bullish trend. Although it began the year with positive momentum, later it has fallen sharply since reaching its yearly peak of $714 in April. Nevertheless, the recent rally has brought renewed optimism, with BCH gaining 24% in a single day and topping the gainers list. Will this current rally in the altcoin send it above $1000 once again? 24-H Technical Analysis Shows Bullish Outlook for Bitcoin Cash (BCH) At the time of writing, Bitcoin Cash is priced at $520, with a market cap of $10.19 billion. Additionally, the daily trading volume of BCH has soared over 310%, reaching $1.73 billion. Further, the technical indicators are also offering a bullish outlook. The 4-hour chart reveals a falling-edge breakout rally, suggesting that BCH is gaining momentum. The cryptocurrency has broken above the 50-day EMA, signaling the end of its six-month consolidation phase. Additionally, the Ichimoku Cloud in the daily chart shows positive signals, with the conversion line at $469 and the baseline at $515 suggesting continued upward movement. Bitcoin Cash (BCH) Price Chart (Source: TradingView) Moreover, the MACD above the signal line is a sign of bullish momentum in the market, making it a favorable time for potential long positions. The CMF at 0.20 supports the idea of moderate bullish momentum, and traders may consider this as confirmation to maintain long positions. To validate this, Bitcoin Cash could set a target at $621 and $695, potentially breaking its 52-week high. If the upward momentum continues, BCH could reach the possible price target of $849 by December 2024, with hopes that BCH might even climb to the $1,000 zone by the end of this year. However, downside risks remain, with the immediate support levels at $449 and $429. Breaking these levels could dip BCH to $329. Highlighted News Of The Day Phillip Banks Enforces Copyright on Viral Chill Guy Meme

Bitcoin institutional adoption and ETF inflows drive the price surge. Trump’s reelection boosts market optimism, contributing to Bitcoin’s growth. Bitcoin has surged to a new all-time high of $98,309, marking a 4.78% increase in the past 24 hours. As the digital asset continues to break records, the question on many investors’ minds is: when will Bitcoin hit the $100K milestone? The rally is largely driven by growing optimism for cryptocurrencies, fueled by institutional adoption and rising capital inflows. MicroStrategy, for instance, is set to raise $2.6 billion to buy more Bitcoin, and several corporate treasuries are following suit, adding Bitcoin to their reserves. This institutional support has significantly impacted it’s price trajectory, with major ETFs recording substantial net inflows, further pushing it toward new highs. Meanwhile, in addition to corporate interest, Bitcoin’s role in the financial ecosystem has gained prominence, with Bitcoin futures open interest on the CME reaching record levels. The sustained buying of long-term calls signals that investors are confident about it’s future and expect the price to climb higher in the coming months. BTC Price Chart, Source: Sanbase Bitcoin To Create History The recent surge also comes on the heels of Donald Trump’s reelection, which has reignited optimism in the crypto market. Trump’s plan to make the U.S. the “crypto capital of the planet” and his proposal to accumulate a national Bitcoin stockpile have further bolstered market sentiment. As it remains firmly above $97,000, it seems the $100K milestone is within reach. With strong institutional participation, a steady stream of ETF inflows, and a bullish market outlook, it could easily cross the $100K mark in the coming days, if not sooner. The easing of global monetary policy also adds to Bitcoin’s appeal as a hedge against inflation, ensuring its price remains supported through the year. With the market momentum strong and volatile forces at play, it may very soon reach the coveted $100K level, solidifying its status in the financial world. Highlighted News Of The Day Phillip Banks Enforces Copyright on Viral Chill Guy Meme

With its innovative features and growing community, FXGuys has emerged as a strong contender among high-potential altcoins. The project’s $FXG token, currently in Stage 1 of its presale at $0.03, has already raised over $1 million after selling 68,000,000 tokens in a private round. But can FX Guys reach the $1 mark by 2025? Explore expert opinions and the game-changing features driving this Top PropFi Project. BUY $FXG TOKENS HERE FXGuys’ Ecosystem: A Game Changer At the heart of FXGuys lies a robust ecosystem that benefits traders, token holders, and investors alike. Unlike traditional tokens that rely solely on speculative value, FX Guys offers utility-driven advantages, including: Staking Benefits: Token holders can stake their $FXG to access up to 20% profit and revenue share from broker trading volume. This feature not only incentivizes long-term holding but also fosters token stability. Trade2Earn Program: Every trade executed through FXGuys’ platforms earns traders FXG tokens, boosting activity and increasing trading volume within the ecosystem. Trader Funding Program: Retail traders who pass evaluations can access funded accounts with up to $500,000 in capital. The profit split heavily favours traders at 80/20, with potential increases for consistent profitability. These benefits highlight why the FXguys is increasingly seen as one of the best proprietary trading firms with a token-based ecosystem. What Experts Are Saying FXGuys’ Unique Approach Financial analysts have praised FXGuys for creating a self-sustaining token model. By combining features like staking, funding programs, and the Trade2Earn initiative, the FXguys ensures consistent demand for its $FXG token. This, in turn, fuels price appreciation while providing tangible rewards to its community. One cryptoboom blockchain expert said, “FXGuys stands out by integrating proprietary trading opportunities and decentralized finance, making it a standout in the world of top defi coins and trading ecosystems.” Growth Drivers Stage 1 Presale Momentum: Starting at just $0.03, the current presale price is a fraction of its potential value. Analysts predict increased adoption and staking participation could push the price toward $1 by 2025. Adoption of Staking: As more holders stake their tokens for profit-sharing benefits, the available supply will shrink, creating scarcity and driving value. Prop Trading Advantage: As a proprietary trading company, FXGuys leverages its Broker-backed PropFi model, offering traders access to top-tier platforms like MT5 and Match-Trader. BUY $FXG TOKENS HERE FXGuys vs. Traditional Tokens Many tokens fail to offer substantial utility, relying solely on hype to sustain their price. FXGuys, however, differentiates itself by combining the best aspects of defi and proprietary trading companies. The No-Buy-or-Sell Tax and no-KYC decentralized trading make the platform more accessible and appealing to global investors. Additionally, its same-day fiat and crypto deposit/withdrawal system, supporting over 100 currencies, ensures unparalleled convenience. One fxcryptonews crypto enthusiast remarked, “FXGuys is redefining what an altcoin can do. It’s not just about holding but participating actively in an ecosystem that rewards every stakeholder.” Could $FXG Token Reach $1? FXGuys has all the ingredients to achieve its $1 target: Scarcity Through Staking: Increased staking participation will limit circulating supply, naturally driving price appreciation. Expanding Community: With the Trader Funding Program and Trade2Earn rewards, more traders are expected to join, boosting activity and demand for $FXG tokens. Continued Development: FXGuys’ commitment to innovation ensures its position as a leader in the best defi token and PropFi space. While no investment is without risks, its strong fundamentals and community-driven growth model make FXGuys one of the most promising high-potential altcoins in the market. BUY $FXG TOKENS HERE Conclusion FXGuys is more than just a token—it’s an ecosystem designed to deliver value to traders, investors, and token holders. With its presale price of $0.03, the potential for exponential growth is clear. Whether through staking, participating in the Trade2Earn program, or accessing funded accounts via the Trader Funding Program, FXGuys empowers its community with unmatched opportunities. As experts continue to spotlight FX Guys as a Top PropFi Project, hitting $1 by 2025 seems like a realistic milestone. Seize this opportunity to be part of a project that’s reshaping the trading and crypto landscape. To find out more about FX Guys follow the links below:Presale | Website | Whitepaper | Socials | Audit 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-chain data shows the XRP Binance Netflow has spiked to positive levels recently. Here’s what this could mean for the asset’s price. XRP Investors Have Been Depositing To Binance Recently As explained by an analyst in a CryptoQuant Quicktake post, a large amount of XRP deposit transactions have headed to Binance recently. The on-chain metric of relevance here is the “Exchange Netflow,” which keeps track of the net transfers going in or out of a given centralized exchange. The traditional form of this metric measures the difference between the inflow and outflow volume for the platform, but in the context of the current topic, a different version of the indicator is of interest: one that counts the net number of deposit/withdrawal transactions. When the value of the metric is positive, it means there are more inflow transfers happening for the exchange than outflow ones. As one of the main reasons why investors deposit to these platforms is for selling-related purposes, this kind of trend can be bearish for XRP. On the other hand, the indicator being negative implies withdrawals are dominant on the exchange. Such a trend can be a sign that holders are interested in HODLing into the long term, which can naturally have bullish effects on the price. Now, here is a chart that shows the trend in the 30-day moving average (MA) of the XRP Exchange Netflow for Binance over the last couple of years: As is visible in the above graph, the XRP Exchange Netflow for Binance has mostly stayed inside the positive territory during the last two years, which suggests investors have constantly been making withdrawal transactions. Recently, however, the metric appears to have diverged from the norm, as its value has registered a sharp positive spike. The asset has seen a sharp rally of over 54% in the past week, so it’s possible that the traders making the deposits are looking to sell and realize their profits. Now, the main question is, is this selling a potential threat to XRP’s value? The indicator is sitting at 470 right now, which suggests significantly more inflows than outflows. Considering that this is also just the 30-day MA, the peak value is bound to be even higher. While this high number of inflow transactions may look like a danger at first glance, it may actually not be so, since it corresponds to activity that’s mostly from the retail investors. Whales don’t tend to leave behind too many transactions, as they prefer to move large amounts with a single transaction. Thus, whenever this version of the Exchange Netflow spikes, it’s a sign that the small holders are depositing. Naturally, there could still be a few whale transfers among these inflows, which can indeed end up having a negative effect on the XRP price. It only remains to be seen, though, which of the scenarios holds true. XRP Price XRP has pulled ahead of the rest of the market with a sharp rally during the past week, which has taken its price to $1.09.

Cardano has outperformed most of the market with a sharp 50% rally during the past week. Here’s what’s driving this run, according to on-chain data. Cardano On-Chain Metrics Have Lit Up Recently According to data from the on-chain analytics firm Santiment, a couple of activity-related metrics have spiked for ADA recently. The indicators in question are the Transaction Volume and the Whale Transaction Count. The first of these, the Transaction Volume, keeps track of the total amount of Cardano that’s becoming involved in transfers on the blockchain every day. This metric basically tells us whether the ADA investors have a high interest in trading the coin or not. Whereas the Transaction Volume is a general metric, the Whale Transaction Count provides information about the activity level of only a specific investor group: the whales. As the metric’s name implies, it measures the total number of transfers that these humongous investors are making on the network. More formally, it specifically tracks the transactions carrying a value of more than $100,000. Now, here is a chart that shows the trend in the Transaction Volume and the Whale Transaction Count for Cardano over the last few months: As displayed in the above graph, both of these on-chain indicators have shot up for Cardano recently, which implies activity across the board has risen on the network. This recent spike in activity has coincided with ADA’s sharp rally, which has put the cryptocurrency at impressive gains of more than 50% over the past week. Given the timing, it’s likely that the increased interest from the investors has played a role in the price surge. At present, the weekly Transaction Volume for Cardano is sitting at around $52 billion, which is a 7-month high for the metric. Similarly, the Whale Transaction Count has a value of 8,900, the highest in 6 months. From the chart, it’s apparent that ADA also saw a simultaneous surge in these metrics back in June. This previously elevated level of activity led to a 26% increase for the coin. Something to note, however, is that this last activity spike occurred alongside a bottom for the coin, while the recent one has come as the asset has been rallying. The current high interest in Cardano could certainly act as more fuel for the rally, but it could also very well turn into a profit-taking storm as investors’ gains balloon up. It only remains to be seen which scenario would follow for ADA in the coming days. ADA Price With positive returns of 12% during the last 24 hours, Cardano is currently the best performer among the top cryptocurrencies by market cap.

The Sui network has ceased block production for over two hours, leading to a sharp decline in the token’s price. Data from suivision and suiscan indicate that block generation stopped at 09:15 UTC today, and the network has yet to resume normal operations. This marks the first major outage for the project, a blockchain praised as “Solana killer.” SUI Price Crashes Following Network Outage Members of the community have suggested that issues with validators might be the cause of the disruption. Validators, critical for processing transactions and maintaining the blockchain’s integrity, appear to be experiencing problems. The official status page, status.sui.io, acknowledges the issue, stating that they are “continuing to investigate” and confirming that “validators are down.” Despite these updates, the development team has not released an official statement detailing the root cause or providing a timeline for resolution. Blockchain security firm PeckShieldAlert confirmed the disruption, noting that the “Sui blockchain network appears to be experiencing delays, with reports indicating that the latest block has produced over an hour ago.” The incident has sparked discussions on social media, with several crypto community members drawing parallels between Sui’s current situation and Solana’s past network outages. Crypto analyst Quinten Francois commented, “SUI has been down for 55 min, with no blocks produced during this period. SOL 2.0?” Similarly, WantCoinNews expressed interest in how the Sui community and developers will handle the downtime, stating that their response could “either destroy or strengthen the trust in the chain.” They added a personal note, saying, “Let me just ignore this Solana type FUD and look for entries. Minimum $5.” Ben Armstrong, known as BitBoy, weighed in on the matter: “It is with great pause, I declare SUI officially the next SOL. How many times do I have to say it? Can’t wait to hear from the team on this one. Solana has taught us that it’s way better for a blockchain to be overwhelmed than not used.” Following the news of the outage, the token’s price dropped by 7%. Over the last 24 hours, the SUI price has fallen by nearly 10%, reflecting investor concerns over the network’s reliability. Despite this setback, SUI remains one of the few altcoins to have reached a new all-time high in the current market cycle. The price dip brings the token to a critical support level at the 1.618 Fibonacci extension of $3.24. If this support holds, SUI could be poised for another upward movement, potentially targeting the 2.618 Fibonacci extension level at $4.97. At press time, SUI traded at $3.39.

While Toncoin (TON) eyes steady growth, a promising rival nearing the $0.10 mark is gaining momentum and could outpace TON’s race to $20 with a sharp rally in the next 10 weeks. Backed by strong fundamentals, growing investor interest, and innovative use cases, this emerging altcoin is quickly positioning itself as a market leader. As the crypto landscape evolves, this project’s potential to deliver exponential gains makes it one to watch for investors seeking high-growth opportunities. Toncoin Price Prediction TON price has become extremely volatile in the past few months as the traders have become more vigilant over the rally, and the recent crypto market corrections. The price is consolidating horizontally, due to which the Bollinger Bands are squeezing, suggesting a major price action could be on the horizon. Besides, the RSI, which indicates the strength of the rally, is rising, and hence the price may undergo a breakout toward the higher target. Therefore, the TON price is expected to continue to consolidate for some more time, following which a bullish breakout could elevate the levels close to $10. Rival Rexas Finance (RXS) Nearing $0.10 Could Outpace TON Rexas Finance is the user’s gateway to the future of asset management, has the capacity to our space Toncoin (TON). Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities. Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market. Rexas Launchpad: This feature helps the asset owners raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users. Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins. Furthermore, Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $9.8M until now, with 88% of the sixth presale stage over. This event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.08 and a projected listing price of $0.20 indicate a good opportunity for investors. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko. Furthermore, Rexas Finance (RXS) has the potential to be listed on Top 3 Tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. About Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless. 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.

Creator enforces copyright on viral ‘Chill Guy’ meme profits. Mixed reactions emerge over intellectual property in meme culture. Phillip Banks, the artist behind the viral “Just a Chill Guy” meme, has announced plans to enforce copyright protection on his creation. The meme, featuring a humanoid dog exuding nonchalance with a casual smirk and hands in its pockets, became an internet sensation, offering relatable advice about simplicity and stress avoidance. Initially posted on X (formerly Twitter) in November 2024, the character quickly gained traction across platforms like TikTok, inspiring countless templates and videos. Its popularity soared further when a memecoin bearing the meme’s name entered the crypto market, surging by 538% within just two days. As of now, the coin has a market cap of $322.99 million, though it peaked at around $580 million. Meanwhile, Banks took to X on Thursday to address the rapid monetization of his artwork in the crypto space. “Chill guy has been copyrighted. Like, legally,” Banks posted via his account, adding that he plans to issue takedown notices for profit-driven uses of the meme. He clarified that while he is not opposed to brands using his artwork in trends—acknowledging brands like UFC and Halo that have engaged with the meme—he strongly opposes its association with crypto projects. Mixed Reactions The move to enforce copyright has stirred mixed reactions online. While some applaud Banks for safeguarding his intellectual property, others question the implications of copyright enforcement in meme culture, which thrives on open sharing and reinterpretation. Moreover, notable figures, including El Salvador’s President Nayib Bukele and entrepreneur Elon Musk, have recently engaged with the “Chill Guy” meme, further elevating its visibility. However, Banks’ announcement has impacted the memecoin’s market performance, with prices dipping despite remaining 35% higher over the past 24 hours. As the debate around intellectual property and meme culture unfolds, Banks’ stance highlights a growing tension between creators’ rights and the viral, often uncontrollable, nature of internet trends. Highlighted News Of The Day US Spot Bitcoin ETFs Surpass $100B as Bitcoin Nears $100K

The worldwide client base of Crypto.com will have access to a wide variety of new global merchants as a result of a strategic relationship that was recently announced between Triple-A and Crypto.com. Crypto.com users will soon be able to make purchases from renowned e-commerce companies directly using cryptocurrency from inside their trusted Crypto.com wallets, and they will also be able to earn special crypto rewards. This initiative will begin in Singapore. Soon, users of Crypto.com will be able to take advantage of an improved checkout process across a wide range of online retailers operating in many different sectors, including gaming, fashion, luxury, and travel. In order to facilitate cryptocurrency transactions, Triple-A eliminates the need for customers to transfer their digital assets into their native currency, providing a quick and uncomplicated method. The collaboration between the two companies located in Singapore demonstrates Crypto.com and Triple-A’s dedication to the common goal of making cryptocurrencies a payment option that is easily accessible and used on a daily basis. Their goal is to enable consumers to make purchases directly with their cryptocurrency balances by doing away with conversion costs and streamlining the payment procedure. This agreement gives businesses access to a fast growing audience of customers who possess cryptocurrency, and it makes the process of incorporating cryptocurrency into their payment suite as straightforward as integrating any other payment option now available. The completely regulated solution offered by Triple-A protects merchants from the volatility of cryptocurrencies and allows them to take advantage of next-day settlements directly in their local currency. Additionally, there is no need for merchants to keep, manage, or report any digital assets. Additionally, Triple-A guarantees that all transactions will continue to be conducted in fiat currency, so giving businesses with a payment experience that is consistent, reliable, and consistent with their current payment operations. Eric Barbier, CEO at Triple-A stated: Eric Anziani, President and COO of Crypto.com stated: Triple-A, a financial institution that is licensed to deal in several digital currencies, gives companies the ability to send and receive payments in both conventional and digital currencies without experiencing any fluctuations in value. It reduce expenses and allow speedy global payments around the clock by avoiding middlemen and banking hours. This makes it easier for companies all over the globe to manage their cash flow. In addition to maintaining the highest possible regulatory requirements, its white-label payment systems are designed to fit in seamlessly with the operations of an existing firm.

Luxembourg, Luxembourg, November 21st, 2024, Chainwire DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero setup memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem. The project’s developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200 million. With low transaction fees and a streamlined user interface, DegenLayer seeks to provide a gateway for mainstream users to engage in blockchain-based trading and creation. The project’s native token $DELAY was fair launched on Uniswap last week, and is set to be listed on one of the top 15 CoinGecko-ranked exchanges next week, providing access to the token to their 10 million+ user community. The project is powered by a 60+ person team behind notable successes including PunksClub.io the CryptoPunk social network, Music.com (developed with Pharrell Williams), and AAA games like The Witcher 3 and Dying Light 2. The founding team previously achieved remarkable success with SuperBid, driving token value from $0.01 to $12 in 2021. Key features and projections: Innovative “Pump Technology” with 50% of revenue allocated to viral user rewards, $DELAY and memecoin buybacks Viral referral program projecting $100,000 daily reward distributions Seamless integration with Telegram’s 1B+ user base via a mini app One-click memecoin creation and trading interface for non-crypto users Transaction fees below $0.01 with 2,000 TPS capacity DegenLayer’s launch represents a significant milestone in making memecoin trading accessible to mainstream users while leveraging established Optimism infrastructure, the same that is used by Coinbase’s BASE Layer 2. About DegenLayer DegenLayer is a trading terminal and Ethereum Layer 2 blockchain designed to make memecoin trading accessible to mainstream users. Built on Optimism technology, the platform offers low-cost, high-speed transactions and a zero setup interface for memecoin trading and creation. Backed by a team with expertise in Web3, gaming, and entertainment, DegenLayer aims to bring innovative blockchain solutions to the global market. For more information about DegenLayer and its revolutionary approach to memecoin trading, users can visit https://degenlayer.wtf. Media inquiries can be directed to [email protected]. Contact CEO Jacob Rylko DegenLayer [email protected]