As the year 2024 draws to a close, the crypto scene is abuzz with anticipation for what 2025 might bring. Tron and Cosmos have been receiving some optimistic forecasts despite a turbulent year, yet it’s BlockDAG (BDAG) that’s truly turning heads. With the launch of its cutting-edge testnet, this Layer 1 blockchain is quickly gaining recognition as a formidable contender, potentially eclipsing Solana. BlockDAG’s robust capabilities and efficient performance have ignited massive enthusiasm, particularly among prominent crypto backers, catapulting its presale toward the illustrious $100 million milestone. While Cosmos shows hints of rebounding and Tron releases enticing updates, BlockDAG is positioning itself as the go-to crypto coin as we edge closer to 2025. Unexpected Resilience: Cosmos (ATOM) Shows Signs of Revival Having debuted before the 2018 halving and achieving a peak in 2019, Cosmos took center stage during the 2021 crypto rally, soaring to $44.70. Despite a subsequent plunge during the crypto winter, which saw many tokens fading from prominence, Cosmos is now showing indications of a potential comeback as 2024 winds down. In a market that’s largely seen other cryptocurrencies stumble, Cosmos has notably held its ground with positive price movements. This unexpected resilience has ignited buyer curiosity, leading some to speculate whether Cosmos is gearing up to revisit its former peaks. Tron: A Year Marked by Growth and Technological Advancements Tron (TRX) has demonstrated remarkable growth in 2024, boasting a 50% increase since the year’s start. Recent enhancements to its Java-Tron client, which addressed critical vulnerabilities, have significantly bolstered confidence in its long-term prospects. Furthermore, the Tron DAO has amplified its security protocols, reinforcing Tron’s reputation as a dependable blockchain platform. Another pivotal development is the heightened integration with Tether (USDT), which has significantly boosted trading activity on the network. Tron is also on the cusp of rolling out a new gas payment system by the year’s end, which will allow transaction fees to be paid with USDT. Despite facing market headwinds, these strategic moves signal a bright future for Tron, with experts optimistic about its ability to withstand recent downturns and thrive. BlockDAG Network Soars to $100M Milestone BlockDAG is making significant waves, particularly after its testnet debut in September 2024. While Cosmos and Tron maintain their positions in the marketplace, BlockDAG is fast becoming a powerhouse, with some analysts suggesting it could surpass stalwarts like Kaspa and Solana. This momentum indicates that BlockDAG is not merely another entry in the crowded crypto arena—it’s a cornerstone for future growth, boasting stellar security and performance. The BlockDAG testnet invites users to delve into its innovative blockchain via a new explorer that offers real-time transaction tracking and supports a variety of transaction types, including both UTXO and EVM-based frameworks. Developers have the ability to link their MetaMask wallets, create tokens, and pilot smart contracts, all within the test environment. These features are tailored to provide a fluid and scalable experience, appealing to those eager to engage with cutting-edge blockchain technology. The success of BlockDAG’s presale has been nothing short of phenomenal. With contributions of nearly $99 million and rapidly approaching the $100 million threshold, forecasts suggest the presale might escalate to $600 million prior to the mainnet launch. Early participants have witnessed returns close to 1960%, sparking a rush of excitement and anticipation across the crypto community. The robust interest from substantial contributors reflects a broad confidence in BlockDAG’s capability to revolutionize the market. Experiencing the BlockDAG network through the testnet, early users gain a practical understanding of its potential. The blockchain explorer provides comprehensive insights, and the faucet feature allows for the minting and testing of BDAG tokens. These preliminary achievements are cementing confidence in BlockDAG’s prospects. Key Insights While the recovery of Cosmos (ATOM) prices and the latest news from Tron are generating attention, BlockDAG emerges as the standout choice for those seeking significant opportunities. Its highly efficient testnet is drawing attention from major players, contributing to a presale that is already one of the most successful in history. With its advanced network and solid community support, BlockDAG is uniquely positioned as we move toward 2025, offering a compelling opportunity for those looking to engage with a pioneering and potentially transformative platform. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends 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.

All eyes are on Ethereum as the crypto market watches closely following Bitcoin’s recent surge. Analysts and investors are now cautiously waiting for Ethereum to catch up, with some fearing that ETH’s performance in this cycle may fall short of expectations. Recent price action for Ethereum has shown signs of strength, giving investors confidence that a potential breakout could be near. Ethereum is currently trading within a bullish pattern that, if broken, could lead to a massive surge in the coming weeks. With Bitcoin leading the way and market momentum building, ETH could be poised to follow, unlocking new gains and potentially signaling the start of a powerful rally for the altcoin. Investors are closely watching for signs that Ethereum will break free from its consolidation and begin to climb, as it remains one of the most closely monitored assets in the market. Ethereum Flirting With A Surge Over the past few weeks, Bitcoin has surged, leaving investors eagerly waiting for Ethereum to follow suit. Top analyst and investor Carl Runefelt has shared his technical analysis on X, highlighting a bullish pattern emerging on Ethereum’s 1-hour price chart. Runefelt’s analysis points to an ascending triangle formation, which is generally a bullish indicator. According to him, if Ethereum manages to break above this pattern, a rapid surge to $2,870 could be imminent. This price level represents a key target for Ethereum, as it signals a strong upward move and confirms that the altcoin is catching up with Bitcoin’s recent performance. However, there are still risks that Ethereum could continue to trade sideways if it fails to break the current resistance level. In that case, ETH could remain trapped in consolidation for a longer period, which would cause further frustration among investors hoping for a rally. Despite these risks, market conditions favor Ethereum’s potential breakout as bullish sentiment grows. Analysts are watching closely, anticipating that Ethereum’s moment to surge could come soon, setting the stage for significant gains. Price Levels To Watch Ethereum (ETH) currently trades at $2,624 after three days of uncertainty and volatility. The price recently surged by 10% from the $2,400 area, showing signs of strength, but now faces a crucial resistance level. For the bulls to regain momentum, Ethereum needs to push above the current price and reclaim the 200-day exponential moving average (EMA), which is $2,800. This significant level would signal that ETH is back on track for further upside, potentially catching up with Bitcoin’s recent gains. However, if Ethereum fails to break above this key resistance and reclaim the 200-day EMA, it risks entering a sideways consolidation phase. A failure to hold current levels could lead to a retrace, with support likely around the $2,450 mark. Traders and investors are closely watching the price action as Ethereum’s next move will determine whether it can break free from its current uncertainty or continue to face resistance in the coming days. As the broader crypto market remains volatile, Ethereum’s ability to hold key levels will be critical for its near-term outlook. Featured image from Dall-E, chart from TradingView

Following its price increase of more than 12% in the past week to roughly $71.50 on October 16, Litecoin (LTC) is attracting more and more interest. The action followed growing buzz about a planned Litecoin exchange-traded fund (ETF) proposal by Canary Capital Group. Investors are excited, since this ETF may provide a more direct method for investing in Litecoin, allowing both individual and institutional participants to access the market. The S-1 registration statement for the proposed ETF was filed on October 15, requesting permission from US regulators. Numerous individuals regard this as a transformative development. Approval might help legitimize Litecoin and facilitate further institutional investment. Analytical Optimism Meanwhile, Litecoin’s future prospects are bullish among cryptocurrency analysts. While it has lagged recently, being some 80% below its all-time peak of $413.65 reached in May 2021, several analysts argue that the ETF might initiate a new bull cycle. Analyst 28 Crypto believes this ETF, combined with a suitable technical setup on the LTC/USD monthly chart, leads to a large jump in price. Actually, the chart shows that for many years, the LTC has traded within the upward channel while often being a signal for a possible break-out. 28 Crypto hints that, from the current price perspective, a price upwards of $7,000 could well be within striking distance with long-term projections even going well to the vaunted $10,000 level. He posits that the price may approach the June resistance level of approximately $88, presenting a robust entry opportunity for investors. Litecoin: Traders Strategize For Profits The excitement extends beyond analysts. The open interest in the Litecoin futures market has surged to its highest point in three months, amounting to $258.94 million as of October 16. This surge signifies that traders are preparing for additional price rises, demonstrating robust bullish momentum in the market. Despite concerns like Litecoin’s ETF’s regulatory issues, sentiment is positive. According to ETF specialist James Seyffart, Litecoin has regulatory similarities to Bitcoin but may face liquidity issues in the US futures market and policy changes. On the other hand, Steven McClurg, Canary’s CEO, shows hope in LTC’s dependability and uses inside the crypto ecosystem. Approved, this ETF might make LTC as the third cryptocurrency with an ETF despite its somewhat small market value of $5 billion. Featured image from Fast Company, chart from TradingView

Investors are being warned not to click on links posted by the official X account. EigenLayer X account is allegedly being used for targeting users with phishing links. After news broke that the EigenLayer project’s social media account had been hacked, the initiative once again attracted the interest of the community. Investors are being warned not to click on links posted by the official X account of the project. Which has been found to publish phishing schemes. Nevertheless, due to recent support from major crypto exchanges and other important events, the price of EIGEN rose by around 12.18% in the last 24 hours, trading at $3.60 as per data from CMC. An abducted EigenLayer X account is allegedly being used for targeting users with phishing links. Investors are strongly advised not to click on the fake links that have been disseminated, according to PeckShieldAlert, the top on-chain analytics business. Uptick in Similar Incidents This hack comes after an uptick in similar incidents on social networking sites, namely X and Discord. Hackers have been using security weaknesses to push harmful information. And several blockchain projects have been hit hard in the last few months. Earlier this year, a phony post announcing the approval of a Bitcoin ETF was also posted by an imposter using the US SEC’s X account. The FBI, however, has now apprehended the hacker responsible for the false post. While this is taking place, the most recent hack of the project’s account shows how crypto projects are always at risk when they use these platforms to interact with their users. The investors, however, seem to be maintaining their faith in the idea despite the early reservations. The prompt security alerts that helped consumers escape the phishing trap may have contributed to the resilience. Furthermore, it seems that the market sentiment towards crypto has been boosted by the recent favorable events around the project. Highlighted Crypto News Today: Delhi High Court Seeks Clarification from ED and FIU on WazirX Hack

UXLINK is pleased to announce several strategic partnerships aimed at expanding its ecosystem and supporting the growth of new Web3 projects. Through its UFLY eco-fund, UXLINK will provide resources to top-tier developers and emerging projects, enabling them to issue tokens and develop thriving communities. “Partnering with innovative projects aligns with our vision of creating a robust and sustainable Web3 ecosystem,” said Sean, Founder at UXLINK. “By leveraging our infrastructure and UFLY eco-fund, we aim to attract the brightest minds in the industry to build on UXLINK.” Supporting Community Development and Growth These partnerships will deploy new applications on platforms such as Line and KakaoTalk, offering unique social experiences and driving user engagement. UXLINK’s UFLY eco-fund is designed to accelerate the growth of these projects, ensuring they have the support and resources needed to succeed in the competitive Web3 landscape. For more information on UXLINK’s partnership opportunities, visit www.uxlink.io. About UXLINK: UXLINK is the world’s largest Web3 social platform and infrastructure provider, connecting a wide array of ecosystem partners and users through a seamless and interactive digital experience. By leveraging blockchain technology, UXLINK aims to redefine social networking, ensuring a secure, transparent, and rewarding environment for its global community. Contact Details: UXLINK: https://www.uxlink.io/ Twitter: https://twitter.com/UXLINKofficial Telegram: https://t.me/uxlinkofficial, https://t.me/uxlinkofficial2 CMC: https://coinmarketcap.com/currencies/uxlink/ Contact Information: UXLINK [email protected] Media Contact: Rachita Chettri MediaX Agency [email protected] 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.

A trader who turned $25 million profit from the PEPE token now foresees a staggering 7000% surge for a new AI-powered cryptocurrency. This bold prediction for the altcoin’s growth before 2025 is stirring excitement in the crypto community. Could this be the next big opportunity in digital assets? CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. 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 80 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%<<< Introducing PEPE: A Deflationary Memecoin Inspired by Pepe the Frog PEPE is a deflationary memecoin launched on the Ethereum network, inspired by the Pepe the Frog meme. It aims to replicate the success of memecoins like Shiba Inu and Dogecoin. PEPE stands out by having no transaction taxes and embracing its status as a pure memecoin without utility. It reached a peak market cap of $1.6 billion, sparking enthusiasm in the crypto community. PEPE’s roadmap focuses on increasing visibility through social media trends and listings on major exchanges. The coin features a burning mechanism to enhance scarcity and a redistribution system that rewards long-term holders. As an ERC-20 token, PEPE benefits from Ethereum’s Proof-of-Stake security. It is available on platforms like Uniswap, Binance, and KuCoin. Conclusion While coins like PEPE may have limited potential in the short term, CYBRO presents a unique opportunity in the DeFi space. As a technologically advanced platform, CYBRO utilizes AI-powered yield aggregation on the Blast blockchain to maximize earnings. With features like attractive staking rewards, exclusive airdrops, and cashback on purchases, it offers a superior user experience with seamless deposits and withdrawals. Its focus on transparency, compliance, and quality has attracted attention from prominent investors and influencers. CYBRO’s innovative solutions make it a noteworthy project with significant growth potential leading up to 2025. 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.

Investor Jaivir Bains has filed a petition against WazirX in the Delhi High Court over a $230M hack. The Delhi High Court has issued notices to the FIU and ED regarding the investigation into the WazirX hack. A Singapore court recently granted a four-month moratorium to Indian crypto exchange WazirX, giving the company time to restructure its operations without facing legal challenges. Meanwhile, on October 18, the Delhi High Court heard a petition from investor Jaivir Bains, who urged action against WazirX for merging funds after a massive hacking incident in July 2024. This hack led to the misappropriation of ₹2,000 crores (around $230 million) from WazirX’s multi-signature wallet server. Source: High Court of Delhi) According to the local news report, the petition urged the Delhi High Court to issue notices to India’s Enforcement Directorate (ED) and Financial Intelligence Unit (FIU) to investigate the WazirX hack. The court is also awaiting a status report from Delhi Police’s IFSO unit on the incident. The case was presented before Justice Sanjeev Narula. Further, the Delhi High Court noted that it can’t directly order an investigation into the WazirX hack due to crypto being unregulated in India. However, the court has not yet issued a final decision or instructed any agencies to take action, and a detailed order is expected at a later date. Highlighted Crypto News Will Bitcoin (BTC) Form a New Top If $68K Is Tested?

Bitcoin trades at $67K by gaining 1.16% over the last 24 hours. BTC continued to stay in the greed zone. The Bitcoin (BTC) price is hovering above $67.5K. If BTC could potentially breakout on the upside, the asset can breach the all-time high (ATH) at $73,750. A failure would pull back the bullish outlook, and Bitcoin might stay below its previous peak. BTC’s surge to $68K has made bullish predictions, with traders anticipating an increase to surpass its ATH. Analysts expect a further upward movement in the second half of October. An analyst mentions the “bull market summer chop,” which refers to a period where BTC price fluctuates within a narrow range during the summer months before a significant upward movement. Historically, this often led to price breakouts occurring between October 20th and 30th. However, the asset’s price had a modest 1.16% increase over the past 24 hours. Bitcoin has touched the peak of $68,334, and its low is found at $66,647. At press time, BTC traded at $67,727 with its daily trading volume surging over 6% to $35 billion, as per CMC data. Consequently, BTC has stepped into the greed zone as the Fear and Greed Index stays at 73. Analyzing the BTC Technical Indicators Zooming in at the four-hour technical chart of BTC, the Moving Average Convergence Divergence (MACD) indicator is positioned below the signal line, highlighting the bearish sentiment in the market, and traders can expect the incoming bear run. Besides, the daily relative strength index (RSI) of Bitcoin is standing at 62.49, showing a neutral market sentiment. In addition, the daily frame of BTC reveals the short-term 50-day moving average above the long-term 200-day moving average at $64,585 and $63,124, respectively. On the other hand, BTC’s current price momentum fluctuates between $66K and $68K. Breaking past the $68.5K mark might trigger a bull cycle. Further, the asset may test the potential resistance at the crucial zone for the bulls at $68,879. In defiance, if the asset fails to hold up its price and falls back to the $66K mark, it might provoke BTC to push the price to a low of $65,900.

London, UK, October 17th, 2024, Chainwire Pell Network, an Omnichain Decentralized Validation Services (DVS) network, has successfully raised $3 million in pre-seed funding, as announced on October 16, 2024. This round was co-led by Paper Ventures, Halo Capital, and Mirana Ventures. Incubator D11-Labs and key investor Delta Blockchain Fund, also participated in this round, along with a diverse group of investors including ArkStream Capital, Mantle EcoFund, Web3Port, Caliber Venture Builder, Cogitent Ventures, Contribution Capital, J17 Capital, Sats Ventures, Side Door Ventures, 071Labs, and individual angels. The funds will be used to develop Pell’s innovative network, which aims to build an omnichain DVS network powered by restaking. By leveraging Liquid Staking Tokens (LST), Pell Network plans to break down barriers between siloed blockchains and foster the long-term sustainability of the entire ecosystem. Technical Architecture and Market Traction Pell Network’s architecture consists of three key components: the Restaking Layer, Pell Chain, and Service Layer. This structure aims to optimize resource allocation and maximize returns by aligning capital, assets, and consumers. The platform has already achieved significant traction with deployments on 20 chains including BNB Smart Chain, Core, Babylon, Mantle, and Ethereum. It has accumulated over $300 million in Total Value Locked (TVL) and more than 430,000 stakers across its Omnichain Restaking Network. Future Developments and Community Engagement With this funding and early traction, Pell Network is positioning itself as a key player in the evolving landscape of cross-chain application building and bootstrapping. The network aims to provide developers with DVS networks underpinned by tangible economic incentives, potentially marking a shift from traditional trust-based systems to quantifiable, auditable economic security models in the blockchain space. In line with its launch strategy, Pell Network has rolled out a series of community engagement campaigns. These include the Testnet launch accompanied by an Airdrop Campaign and a GoldMiner Campaign, providing participants an opportunity to earn up to 1 BTCB + 11 BNB raffle and a 30% yield. As the project progresses, early participants will be generously rewarded. More details will be announced in the near future. About Pell Pell Network builds an omnichain DVS(Decentralized Validation Service) network driven by cryptoeconomics, leveraging the restaking mechanism of LST (Liquid Staking Tokens) to create a seamless decentralized validation services marketplace. Pell Network aims to provide innovative technical solutions for the billion-dollar restaking sector, break down barriers between siloed blockchains, and foster the long-term sustainability of the entire ecosystem. Users can follow Pell’s latest development: Website: https://pell.network/ X: https://x.com/Pell_Network Discord: https://discord.com/invite/pell-network Telegram: https://t.me/Pell_Network Contact Pell [email protected]

George Town, Cayman Islands, October 18th, 2024, Chainwire Talisman, the leading web3 wallet that bridges the Polkadot and Ethereum ecosystems, has launched its new cross-chain swaps feature, solidifying its role in driving more users and liquidity to Polkadot. This feature simplifies the process of swapping assets between major blockchain ecosystems, enhancing connectivity for users trading between Polkadot, Ethereum, and Substrate networks. Simplifying Cross-Chain Asset Swaps Swapping assets across blockchain ecosystems has often been complex, requiring multiple custom bridges and DApps. Talisman addresses this by integrating popular routes and assets directly into its Portal, enabling users to swap seamlessly between Polkadot, Ethereum, Arbitrum, Bittensor, Manta Network and even Bitcoin. Whether swapping ETH on Arbitrum for DOT or acquiring tokens like TAO or MANTA to stake, Talisman offers intuitive access to popular swap routes within its cross-chain swaps interface. By making cross-chain swaps more accessible, Talisman is not only streamlining the user experience but also bringing new liquidity into Polkadot’s growing ecosystem. To get started, users can visit the Talisman Portal to begin their swaps. Supported Routes and Assets Talisman currently supports various cross-chain routes with key assets including stablecoins and native tokens across Polkadot, EVM, and Substrate projects, as well as Bitcoin. The supported routes include: Polkadot <> Ethereum/Arbitrum with assets: USDC, USDT, ETH, WBTC, and DOT All <> Manta Pacific EVM with assets: MANTA and ETH All <> Bittensor with native TAO All > Bitcoin with native BTC Partnering with Top Swap Providers To ensure a smooth experience and optimal liquidity for Polkadot and other chains, Talisman has partnered with top providers such as: Chainflip: A decentralized exchange protocol enabling seamless cross-chain asset swaps with minimal slippage and fast transaction speeds, supporting networks like Bitcoin, Ethereum, Solana, and Polkadot. SimpleSwap: A non-custodial exchange service with access to over 2,000 cryptocurrencies and 800k crypto pairs across 100+ chains, providing 24/7 support with no registration required. User-Friendly Features Talisman’s cross-chain swaps feature aggregates providers to help users compare options, costs, and estimated transaction times. Users can manage accounts across chains effortlessly, swapping between Substrate and EVM accounts directly within the Talisman Portal without needing separate transactions. How to Use Talisman Portal for Cross-Chain Swaps Connect: Access the Talisman Portal via your Talisman Wallet (Ethereum or Polkadot accounts) at app.talisman.xyz. Navigate: Go to the “Swap” section at app.talisman.xyz/transport/swap. Select: Choose the assets you wish to swap. Pick Account: Choose your destination account. Complete: Select from the available swap providers and finalize your swap. Looking Ahead Talisman is committed to expanding cross-chain swap options, adding more routes and assets. The company is also integrating swap functionality directly into the wallet extension, making it even more convenient for users to swap on the go. By simplifying cross-chain swaps, Talisman is playing a crucial role in growing the Polkadot ecosystem, driving more users and liquidity into the network while enhancing the user experience across multiple blockchains. About Talisman Talisman is a web3 wallet that empowers users to explore applications across Ethereum and Polkadot ecosystems. With Talisman, users can securely store, send, and receive assets, and connect to a variety of applications. For more information, visit Talisman Website or follow us on Twitter and Discord. Contact Growth Associate Natti Talisman wallet [email protected]

Businesses, academics, and analysts will be able to use the richer data sets that are produced. With its real-time, decentralized financial data across many sectors, Truflation is leading the data revolution. Truflation, a cutting-edge source of real-time economic data, and Scannit, a pioneer in user-controlled data monetization, have announced a cooperation to improve the accuracy and impact of economic insights. Businesses, academics, and analysts will be able to use the richer data sets that are produced by integrating Scannit’s data into Truflation’s analysis. As a consequence, economic patterns are seen more clearly and transparently, providing people and organizations throughout the globe with invaluable insights. With its real-time, decentralized financial data across many sectors, Truflation is leading the data revolution. In order to get user-generated, consented, and ethically sourced data, Truflation will make advantage of Scannit’s creative methodology. Through collaborations with more than 80 data suppliers, Truflation’s platform records more than 20 million products. Truflation is democratizing access to vital financial data by putting it on-chain, enabling users to make better, more informed choices instantly. In addition to benefiting from their data, users will be able to shape the economic insights that benefit the larger community, resulting in a win-win situation. This partnership is the first step in a broader effort to develop a robust data ecosystem. There are already more than 782 data feeds from the Truf Network that may be consumed, ranging from US wheat to oil or lithium. As a component of the broader Truf Network, this keeps creating an environment where the truth is rewarded and economic data turns into a valued, exchangeable commodity that drives more intelligent financial choices. The Truf Network provides verified access to current and reliable economic data streams, regardless of whether you’re an investor, trader, or institution seeking real-time insights. A Shared Vision of Data Empowerment Redefining the value and sharing of data is the joint goal of both Scannit and Truflation. This collaboration demonstrates a dedication to building a more open and equitable data ecosystem where individuals are given the authority to manage their data and reap real rewards for their involvement. Karl Nowak, Scannit’s CEO stated: Stefan Rust, Truflation’s CEO added: Scannit is dedicated to assisting people in regaining control over their personal information. The platform gives consumers the ability to manage and profit from their data, providing companies with a moral way to get high-quality, user-provided data while upholding consent and privacy. By bridging the gap between ethical business intelligence and data ownership, Scannit adds value for both people and businesses.

Zug, Switzerland, October 18th, 2024, Chainwire Polimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to participate in Web3 fundraising. What’s New? Through Banxa’s integration, Polimec users can instantly convert fiat currencies, such as USD and EUR, into tokens like USDT, USDC, and DOT, which can be used to invest in blockchain fundraises. This development is a major step in bridging the gap between traditional finance (Web2) and decentralized finance (Web3), providing seamless access to Web3 investment opportunities. Why This Matters Polimec is designed to facilitate secure, compliant, and transparent capital raises in the dynamic Web3 space. The growing demand for compliant and transparent fundraising mechanisms makes this integration particularly timely and important. By incorporating Banxa’s fiat-to-crypto gateway, Polimec significantly lowers the barriers to entry for Web3 fundraising. The integration enables both crypto veterans and newcomers to participate in blockchain fundraises using familiar fiat currencies, such as USD and EUR, removing the need for complex conversions. “This partnership with Banxa enhances Polimec’s mission to streamline Web3 fundraising,” said Flavio Bianchi, Foundation Council at Polimec. “By integrating Banxa’s fiat-to-crypto gateway, Polimec is making the onboarding process more inclusive, allowing for broader participation and creating new opportunities for all types of investors.” How It Works Participating in Polimec fundraises is straightforward: Step 1: Select Banxa as the preferred payment method. Step 2: Pay with a fiat currency, such as USD or EUR, using a credit card. Step 3: Instantly receive participation tokens in the investor’s crypto wallet. This simplified process allows users to engage in blockchain projects without the need to navigate complicated crypto conversions, making the experience more accessible and user-friendly. What’s Next? This collaboration marks another milestone in Polimec’s ongoing effort to improve user experience and accessibility. Polimec is actively working on additional features to further streamline the investment process and enhance the capabilities of the Polimec Protocol. With Banxa now integrated, Polimec is advancing toward its goal of making multichain Web3 investments more accessible on a global scale. About Polimec Polimec is a permissionless fundraising infrastructure protocol providing an automated framework for projects to raise funds within a broad and diverse investor base with transparent and fair access for all. The protocol allows access to fundraising and governs the issuance, distribution, and conversion of tokens to mainnet. Contact Foundation Council Flavio Bianchi Polimec [email protected]

Singaporean DBS bank announced offering blockchain-powered banking services. The bank has announced several blockchain incorporated projects in the past months. While the Asian regions have been enhancing their crypto involvement, Singapore-based DBS bank announces a major step. Meanwhile, a recent survey showed that North America is home to the largest crypto market on the global level. These data and other cryptocurrency data from Q3 have also shown intriguing results. Notably, DBS announced this week the rolling out of blockchain-powered banking for institutions using the DBS token services. The banking tycoon by integrating blockchain technology plans to introduce tokenization and smart contracts into its banking systems. The service is launched for the bank’s institutional clients as per reports. Moreover, using these technologies DBS plans to enable 24/7 assistance by leveraging its EVM-compatible (Ethereum Virtual Machine) permissioned blockchain. Additionally, smart contracts are stated to be utilized in helping institutions in programming fund management according to predefined conditions. Lim Soon Chong, the Group Head of Global Transaction Services stated: In the past few months, the DBS bank has also integrated blockchain technology and web3 features into other sectors of its banking systems. Relatedly, the Singaporean nation according to a recent August report has topped other nations in global crypto adoption. What are DBS Bank’s Other Blockchain-Related Projects? In August, DBS bank announced the launch of a treasury tokens pilot program in collaboration with Ant International. This was done to manage liquidity and its multi-currency treasury. The bank also integrated its EVM-compatible permissioned blockchain with Ant International’s Whale platform for the project. Secondly, the Singaporean bank also initiated a pilot of blockchain-issued Government grants. This project aimed to leverage its government grants to receivers using blockchain technology. In this manner, authorities discussed how it would enhance banking operations and be on par with current technical speed. Finally, the recent blockchain-powered banking services project is an addition to the bank’s several attempts to become digital assets friendly and accommodate customers from the crypto sector as per authorities’ statements. Highlighted Crypto News Today: Orderly Network’s IBXtrade Accused of Misleading Investors

RAK DAO to unveil a legal framework for DAOs in the UAE on October 25. The framework allows remote registration and clarifies legal and tax requirements. The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the governance and legal requirements for DAOs operating within the UAE. According to Irina Heaver, a partner at NeosLegal, the framework will establish a clear structure for DAOs. This will include addressing tax obligations and benefits, allowing DAOs to own both on-chain and off-chain assets, and offering legal protection for DAO founders, members, and contributors. The framework also includes provisions that will allow DAOs to engage in legally binding contracts. Additionally, guidelines for resolving both internal and external disputes will be introduced. These measures are intended to provide legal clarity and stability for DAOs, ensuring they can operate in compliance with UAE regulations. Remote Registration for DAOs One significant feature of the new legal framework is the ability for DAOs to be registered remotely. This means that organizations will not need a physical presence in the UAE to establish legal status. Irina Heaver highlighted that this feature will allow global participation in the UAE’s growing digital assets sector. The ability to register remotely is expected to attract international DAOs looking for a favorable regulatory environment. Additionally, registered DAOs will be able to open local bank accounts, facilitating their financial operations. This move could help simplify the process of managing funds and transactions linked to the virtual assets space. By reducing the financial barriers to entry, the UAE provides a competitive option for decentralized organizations. This legal framework is expected to attract a range of DAOs looking for an accessible, cost-effective environment to operate. Moreover, the introduction of this legal framework highlights the UAE’s approach to creating a supportive regulatory environment for DAOs. It establishes clear guidelines for governance, tax obligations, and legal protections, promoting a better understanding of how these organizations can operate within the law. This framework is expected to simplify the process for DAOs to register and manage operations. Hence, making the UAE an attractive destination for decentralized entities. Moreover, it may encourage collaboration between DAOs and traditional businesses.

Matchain Hits Major Milestone: Over 9 Million Wallets And Counting Matchain, a leading AI blockchain platform, is excited to share the milestones achieved since its mainnet launch on August 28th, recapping all the important metrics of the ecosystem. The platform has reached significant milestones in user adoption, transaction volume, and strategic partnerships, solidifying its position as a frontrunner in the AI & Decentralized Identity space. Explosive Growth in User Base and Transactions Unlike traditional platforms where data is harvested and monetized without consent, Matchain’s vision is that user data should only be shared with explicit permission. This data, when shared, can be leveraged for training AI models, with users receiving a share of the revenue generated. By enabling individuals to decide how their data is used, Matchain not only fosters greater transparency but also gives users an active role in the growing AI economy, ensuring they benefit from the value of their own contributions. To achieve this goal, Matchain has been focused on onboarding Web2 users into the Web3 space, providing a smooth transition to decentralized platforms. At the core of the strategy is leveraging Telegram’s massive web2 reach as a familiar gateway, allowing millions to explore blockchain technology without friction. Matchain’s strategy lies in driving real, authentic interactions within its ecosystem. All initiatives were focused on encouraging users to explore and experience the dApps firsthand, of which, LoL, the first AI memecoin on Matchain, quickly gained momentum and sparked engagement within the community. The strong and enthusiastic response not only highlighted the community’s support but also served as a powerful driver for increasing Matchain’s visibility and accelerating its growth. A Recap of the most important numbers: Daily Active Users: 700K to 1 Million Network’s daily transactions (peak): 8M Transactions in a day Mainnet Total Transactions: Approaching 40M Total wallets: Over 9M Mini-app users: Over 7M Successful Transition from Testnet to Mainnet Matchain’s journey to its current success began with a carefully planned transition from testnet to mainnet. While the testnet was used to validate our core offering and vision, mainnet opened up the doors for the public to join and build on Match. How’s it going so far: Onchain Activity: The testnet phase lasted a year and saw over 180 million transactions processed, demonstrating the network’s capability to handle high volumes, while the mainnet saw a total of 32 million transactions within less than a month of being launched. Community Engagement: With a total user outreach of over 12 million across all channels, Matchain’s mini-app has attracted 3 million+ daily active users, creating strong momentum. This success is amplified by hyper-successful Megadrop campaigns in collaboration with exchange partners, fueled by the enthusiastic support of the Matchain community. Ecosystem Growth: We’ve built a network of over 50+ strategic partners across sectors like DEXs, DeFi platforms, games, and AI, creating a solid foundation for seamless building on Matchain. MatchID partners are integrating our identity solution to drive real-world use, while infrastructure partners ensure builders can engage with Matchain easily and securely. With a focus on the future, we’ve also aligned with AI leaders across industries to empower individual sovereignty. Get Involved With Matchain Matchain’s growth has taken off thanks to strategic partnerships and community-driven efforts led by our Business Development team. Here are some of the key initiatives that are still going strong—and there’s plenty of room for you to jump in and be part of the journey. Megadrop Program: A multi-phase reward program designed to incentivize user participation and ecosystem growth in collaboration with industry leaders like OKX, Bitget, and Bybit, expanding Matchain’s integration on leading web3 platforms. Mini-App Quests: Over 7 million users engaged through Matchain’s mini-app games, earning Match Points in real time. Match Hub: If you share the same vision as Matchain, let’s build something great together! Our BD team’s got your back—offering technical and marketing support to help grow your projects! Looking Ahead Matchain is set to continue to focus on strengthening its infrastructure, expanding partnerships, and developing AI and Decentralized Identity (DID) solutions to meet the evolving demands of the blockchain community. With its rapid momentum, Matchain is poised for significant growth and is on track to expand its user base to over 40 million users in the coming months. But that’s just the beginning—stay on the lookout for Matchain. With so much happening behind the scenes, you won’t want to miss out. A lot of exciting updates and insights will be shared at ETH Sofia, where our CEO, Petrix, will join Par from Paris Saint-Germain F.C. (PSG) for a fireside chat. Keep an ear for subtle clues about what’s next for Matchain. About Matchain Matchain is a blockchain platform that offers advanced AI-driven decentralized identity solutions. It ensures privacy, security, and control over personal data, allowing users to own and monetize their digital information within a secure ecosystem. For more details, visit Matchain’s website or contact Anastasia Drinevskaya, Chief Marketing Officer, for inquiries and updates. 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.

Big investors are quietly buying four altcoins with huge growth potential. One of them, a token costing just $0.035, could outperform Solana in the next bull market. What makes these cryptocurrencies so special? Uncover the reasons behind this stealth accumulation and how it might lead to exceptional gains. CYBRO Presale Exceeds $3 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This next-generation DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In another exciting update, CYBRO has introduced a referral program. It offers 12% commissions from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are distributed weekly in USDT, and referees receive double CYBRO Points on their first deposit using the referral code. In addition to its token offering, CYBRO has introduced a Points system, further enhancing investor incentives. Holders of these Points will automatically qualify for participation in the CYBRO Airdrop, with token distribution tied directly to the number of Points held. The platform allocates up to 1 million Points on a weekly basis, which investors can accrue through positions 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 64 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 Introduces BlockDAG and GHOSTDAG to Proof-of-Work Cryptocurrencies Kaspa is a proof-of-work cryptocurrency that uses the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG allows blocks created in parallel to coexist and orders them in consensus. This means Kaspa’s blockchain is a blockDAG. The approach enables secure operation while maintaining very high block rates, currently one block per second, with very short confirmation times dominated by internet latency. Kaspa includes features like Reachability to query the DAG’s topology and block data pruning. It also supports SPV proofs and subnetworks, simplifying implementation of layer 2 solutions. Kaspa introduces new possibilities in proof-of-work cryptocurrencies with its innovative technology. Aptos: A Scalable Blockchain Built with Safety and Flexibility in Mind Aptos is a new layer-one blockchain designed to be scalable, safe, and reliable. It aims to address high transaction fees and network congestion seen in blockchains like Ethereum before it transitioned to Proof-of-Stake. Developed by Aptos Labs, founded by core contributors from Diem (a Meta initiative), it uses a Proof-of-Stake consensus mechanism. Aptos focuses on scalability and employs the Move programming language for smart contracts, emphasizing safety and flexibility. It supports a wide range of Web3 applications. Aptos has the potential to make an impact in the blockchain space by providing an efficient and adaptable platform for developers and users alike. Sui: A Layer-1 Blockchain Focused on Global Adoption and User Experience Sui is a layer-1 blockchain platform designed for global adoption. It offers a secure and scalable development platform using a novel object-centric data model and the Move programming language. This approach addresses inefficiencies in existing blockchain architectures. Sui prioritizes user experience by removing common barriers in blockchain interactions. With innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui aims to create a higher standard for user experience in Web3, making applications more accessible and user-friendly. Conclusion In the current bull market, while coins like KAS, APT, and SUI show potential, they may offer less short-term growth. In contrast, CYBRO emerges as a standout opportunity. As an advanced DeFi platform on the Blast blockchain, it provides investors with exceptional ways to maximize earnings through AI-powered yield aggregation. Features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases enhance the user experience, ensuring seamless deposits and withdrawals. With a focus on transparency, compliance, and quality, CYBRO attracts significant interest from crypto whales and influencers, positioning itself as a promising project in the dynamic crypto arena. 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.

IBXtrade’s presale raised $24 million, leading to refund controversies. Poll on IBX’s site resulted in increased cap, not full refunds. In a disheartening turn of events, the crypto community is reeling from revelations surrounding a presale conducted by IBXtrade, a project incubated by Orderly Network. The presale, which commenced three days ago with the aim of raising $3.2 million, instead garnered an astonishing 160,000 SOL (approximately $24 million). Participants anticipated refunds totaling $21.8 million for those not selected, leading to expectations of transparency and accountability. However, the situation took a dubious turn when IBX’s team conducted a poll on a website fully controlled by them, asking participants whether to raise the funding cap or adhere to the original limit. The poll resulted in a decision to increase the cap, allowing the team to refund only 65,000 SOL (around $9.7 million). The team claimed to have issued these refunds, but reports from participants indicated that not a single person in the comments section received the promised amounts. ARTIC Launch Adding to the controversy, the IBX team swiftly launched a new token called ARTIC, debuting with a market capitalization of $50 million. However, before presale participants could claim their tokens, the market cap plummeted to $6 million, raising questions about the integrity of the operation. The claim page for ARTIC was not created until after the launch, further compounding suspicions. Exchanges such as MEXC and LBank have listed ARTIC, but the community remains frustrated and skeptical. Many participants are calling for refunds or legal action, expressing their discontent with the lack of accountability from the IBX team. Orderly Network has distanced itself from the incident, asserting that the presale and subsequent actions were executed solely by IBX and ARTIC. As the dust settles, this incident underscores the pressing need for vigilance in the rapidly evolving crypto landscape. Highlighted News Of The Day Crypto Wealth of Donald Trump Jumps 364% Due to Memecoins

Bitcoin is at a pivotal moment after surging past the $68,000 mark and setting a new local high, confirming its bullish uptrend. Analysts and investors closely monitor the next steps, searching for signs of a continued rally or a potential retrace from higher supply levels. While the excitement is palpable, there is caution as traders prepare for possible resistance. Top analyst Daan shared a technical analysis highlighting that Bitcoin has broken out of an accumulation channel, suppressing the price. According to Daan, this breakout above the $68,000 resistance level signals a potential for further upside as Bitcoin moves into uncharted territory. The next few days will determine whether BTC can maintain its momentum or will face a healthy pullback from these higher levels. With euphoria clashing with fear of a correction, investors are keen to see whether Bitcoin can continue its upward trajectory or if the market will see a pause in the rally. Bitcoin Break Out: New ATH Next? The crypto market is optimistic, as Bitcoin and most altcoins have surged from yearly lows to yearly highs in just a few weeks. Analysts are now speculating that this could be the start of something big—a rally that could propel prices to new highs and deliver massive gains to investors. Despite the excitement, there is also a lingering fear of an impending correction. Historically, Bitcoin has struggled to maintain momentum above supply near $70,000, often facing strong rejections that lead to sharp declines. However, top crypto analyst and investor Daan recently shared a technical analysis on X, explaining why this recent breakout might differ. According to Daan, Bitcoin has finally broken out of a 7-month accumulation pattern that had kept prices down, signaling a significant shift in market dynamics. Furthermore, BTC has managed to break well above the Daily 200 moving average (MA) and exponential moving average (EMA), key technical indicators that had previously caused resistance since the summer. With the short-to-mid timeframe trend firmly up, Daan believes this bullish outlook may suggest that Bitcoin could avoid another rejection near $70,000. Instead, BTC might be gearing up for a powerful surge, with investors eyeing new all-time highs in the coming weeks. BTC Technical Analysis Since Monday, Bitcoin has tested a crucial supply zone following a strong 9% surge. The price is trading well above the Daily 200 moving average (MA) and exponential moving average (EMA), signaling strength and maintaining bullish momentum with no immediate signs of a retrace. This indicates buyers remain in control for now, with a potential push to break above the psychological $70,000 level. However, there’s still a risk that Bitcoin could fail to break and hold the $70,000 mark, which is critical for bulls to maintain upward momentum. A rejection at this level could signal a shift in market sentiment, potentially leading to profit-taking and consolidation. Historically, such moments of euphoria in the market often end with a discouraging move that cools down excitement, and a healthy retrace is possible. Should BTC experience a pullback, it’s likely to find strong support at the daily 200 MA around $63,304. This level has acted as a key indicator of support in previous uptrends. It could provide a solid foundation for the next leg up if the price corrects before resuming its bullish trajectory. Featured image from Dall-E, chart from TradingView

The idea of the XRP price reaching $1,000 has once again gained traction as a social media platform X user called Drewski called for the Ripple community to unite in driving XRP to the unprecedented price level. While Drewski’s post reignited the conversation, the $1,000 price target is far from new, as it has been a goal shared by many XRP investors for years. Bold $1,000 Price Target For XRP Drewski’s comment on XRP echoes the entire cryptocurrency investor community. Particularly, it can be inferred that the investor is confident that the combined strength of the Ripple community can trigger a historic price surge for XRP. Interestingly, the bullish price target for XRP is primarily driven by sentiment rather than technical analysis. However, XRP is no stranger to very bullish price targets when viewed through the lens of technical analysis. For instance, renowned crypto analyst EGRAG CRYPTO has provided analysis indicating that XRP could be on a trajectory towards $27. In another technical analysis, the analyst highlighted the possibility of XRP surging further to $99. How Feasible Is The $1,000 Price Target? While the prediction is exciting, there are skeptics who question whether XRP can realistically reach $1,000. Critics highlight the enormous market capitalization required to reach this level. For XRP to hit the $1,000 mark, it would either need to achieve a market cap of $99.99 trillion based on its current total supply or burn most of its supply. Many critics are also quick to point out the regulatory uncertainties surrounding XRP and Ripple. If you ask many crypto participants, many will call XRP dead, considering the crypto has performed poorly than many expected in recent years. Currently, XRP is trading at a fraction of the $1,000 target. At the time of writing, XRP is trading at $0.5515. The cryptocurrency has been down by 0.7% in the past 24 hours but remains up by 2.5% in a seven-day timeframe. Related Reading: Bitcoin Price To $95,000? Here’s What Needs To Happen First To reach the price target, XRP would need to go on a 1,800x price surge from the current level, which would make many of its holders multi-millionaires. Therefore, the prospect of such a move has kept the dream of a $1,000 price target alive for many XRP enthusiasts. A more realistic dream would see XRP break above the $1 mark before reaching the double-digit threshold at $10. For XRP to go on a steady rally, it would need to continue growing in adoption in the traditional financial system. Furthermore, a final resolution to the ongoing Ripple-SEC lawsuit is needed, as achieving regulatory clarity could bring the dream of a $1,000 XRP closer to reality than ever before.

Dogwifhat (WIF) has resumed its upward trajectory, with the price approaching the key $2.89 level as bulls take back control. After a period of consolidation, renewed buying pressure has fueled the meme coin’s rise, signaling that momentum is once again favoring the bulls. With increased buying pressure and positive market sentiment, WIF is showing signs of an impending uptrend. As WIF edges closer to this significant resistance level, this article will assess its recent price action, highlighting the bulls’ regained strength. Through an analysis of key technical indicators and market dynamics, this piece seeks to evaluate whether the current bullish momentum is strong enough to push WIF past the $2.89 resistance, signaling the potential for further upward movement. Market Sentiment Shifts: Bulls Take Charge As Buying Pressure Increases WIF has consistently held its position above the 100-day Simple Moving Average (SMA) on the 4-hour chart, signaling upside movement. Recently, the asset experienced a rebound from the $2.45 support level, further enhancing positive market sentiment. If the price remains above the SMA, it could establish a solid foundation for another upward movement toward the $2.89 resistance level. This combination of support and bullish arrows suggests that WIF is well-positioned for more gains in the near term. An analysis of the 4-hour Relative Strength Index (RSI) indicates renewed upside potential, with the RSI climbing to 49% after previously dipping to 41% suggesting that buying momentum is gaining strength as the market shifts from a bearish phase toward a more neutral stance. Additionally, the daily chart shows that WIF is facing significant upward pressure, as evidenced by attempts to form bullish candlesticks. This positive trend is further supported by the asset’s position above the critical $2.20 support level and the 100-day SMA. As WIF continues on this path, it strengthens the optimistic sentiment in the market, paving the way for additional gains as it nears the $2.89 mark. Lastly, the RSI on the daily chart is currently at 58%, having recently recovered from a dip to the 56% threshold. Should the RSI continue to climb, it could signal further strength in WIF’s price action. Furthermore, a sustained move above the 60% mark could enhance the likelihood of continued upbeat momentum and potential breakouts, reinforcing the positive outlook for the asset. Key Resistance At $2.89: Can WIF Break Through? WIF’s price could reach the $2.89 resistance level if it demonstrates sustained bullish pressure, bolstered by strong buying volume and positive market sentiment. A successful breakout above $2.89 may pave the way for further gains, possibly leading to new highs and increasing investor interest. Conversely, if WIF fails to break through this level, it could lead to a pullback, causing the price to drop toward the $2.25 support level. Should it fall below this mark, the meme coin may continue its decline, potentially targeting the $1.50 level and beyond.