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Eric.eth revealed some of the largest MEV block rewards in Ethereum history. The highest MEV reward is valued at around $1 million. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, completed its eighth anniversary on July 30. ETH’s journey will undoubtedly remain the focal point of the evolving crypto market. Recently, ETH core developer Eric.eth revealed that some of the largest MEV block rewards in Ethereum history have generated after the Curve finance exploit. On July 31, Eric.eth, Ethereum core developer, has tweeted that some of the largest MEV block rewards generated today. And also mentioned several MEV rewards, of which slot 6,992,273 received 584 ETH, the highest MEV reward valued at around $1 million. There were also other block rewards slot 6,993,342 received 345 ETH, slot 6,992,050 received 247 ETH, and slot 6,993,346 generated an MEV reward of 51 ETH. Moreover, he mentioned that it caused by the exploit in Curve Finance on July 30. The maximal extractable value (MEV) referred to as the maximum value that can extracted from block production over the standard block reward. MEV was first applied in the context of proof-of-work and initially referred to as miner extractable value. After the transition of Proof-of-Stake, the MEV accrues completely to validators because they are the only party that can guarantee the profitable MEV opportunity. Pre-mine Ethereum (ETH) Address Activated After 8 Years According to the report, the recent largest MEV block rewards stem from the Curve exploit, where a MEV bot notices a hack in the mempool. It copies a Tx and pays the miners a large amount of ETH for a frontrunner. The MEV bot is a script that automates the process of Identifying and exploiting MEV opportunities on the Ethereum blockchain. Whale Alert, the blockchain transaction analyzer, has reported that a dormant pre-mine address containing 2,000 ETH worth $3,744,740 has activated after eight years. Moreover, The Whale account activated after the eighth anniversary of Ethereum. At the time of writing, the trading price of Ethereum is $1,866, with a decline of over 0.46% in the last 24 hours. The trading volume of ETH has experienced a massive surge of 82.86%, according to CoinMarketCap.
 
Blockchain technology’s recent revolution has initiated a profound shift across various sectors, with the gaming industry at the forefront. Leading this innovation is MetaCene, a pioneer in the world of next-generation blockchain-based MMORPGs. MetaCene, incubated and published by MixMarvel, welcomes players into a post-apocalyptic society where survivors use an array of Non-Fungible Tokens (NFTs) to redefine civilization. The game’s uniqueness lies not just in its use of NFTs, but its potent blend of player-centric entertainment, innovative PVE and PVP gameplays, robust technology infrastructures, dynamic in-game editors, and a unique social guild DAO governance system. Its successful integration of traditional gaming elements with advanced blockchain technology offers an immersive gaming experience akin to top-tier AAA games while empowering players with true ownership of their in-game assets. These features are a testament to the cumulative industry experience of game developers from established names like Blizzard and Perfect World. The Power of MetaCene Apostle NFTs (MAN) The recent launch of MAN NFTs, crucial components of the MetaCene universe, created a significant buzz among gamers, NFT enthusiasts, and blockchain advocates. The launch’s success is marked by the full allocation of every MAN NFT, confirming the game’s rising popularity and the community’s enthusiasm for innovation. The collection is available on marketplaces like OpenSea. MAN NFT is more than just a token; it’s a passport to MetaCene’s universe. MAN NFT holders receive early access to the game, including guaranteed access to Alpha, Beta, and future test versions. These holders are not only the pioneers but also the architects of the MetaCene universe. They face rewarding challenges during each testing phase and have the chance to open in-game mystery boxes, offering powerful artifacts and valuable resources. The MAN NFT’s value transcends gaming boundaries, granting holders exclusive privileges within the MetaCene community, governance, and guild systems, including access to dedicated Discord channels and influence over the game’s development, embodying MetaCene’s player-centric philosophy. MetaCene’s Alpha Testing: A New Phase in Blockchain MMORPG As the gaming world buzzes with anticipation for MetaCene’s transition into Alpha testing, MAN NFT holders prepare for a new quest. The Alpha Test, an invite-only event running from July 31st to August 7th, 2023, is exclusively available to MAN holders and players with an AlphaTest Whitelist (ATW) – a privilege earned by being part of the thriving MetaCene community. A Glimpse Inside the Game The Alpha Test, powered by the Rangers Protocol’s Robin Testnet, aims to involve 3000 Beta testers from Web3 guilds, the MetaCene community, and Web2 gaming enthusiasts over seven days. The game offers three main areas for exploration: Origins of Clouds: Provides a stunning visual introduction to MetaCene’s universe with unique challenges. Birdcry Town: A vibrant hub with numerous quests and dynamic NPC interactions that immerses players into the game’s culture. Sky Metropolis: An advanced city reflecting the future of digital societies, teeming with technological marvels. This Alpha test is more than a mere exploration of these diverse zones. It is an invitation to deep-dive into MetaCene’s immersive, post-apocalyptic universe. The test emphasizes the game’s unique blend of PVE and PVP gameplay, putting a strong focus on player agency and decision-making. Every interaction in this universe can potentially shape the evolving world. At the heart of this dynamic world are the guilds, operating through DAO governance. Players are not just participants; they are decision-makers influencing the direction of the game. The test is an invitation to a week-long challenge filled with exciting in-game events, including Power and Mining Rankings, where players can compete for top spots and win significant rewards. Test rewards include Advanced Mining Mecha, $MUD, $USDT, and more, with the total event rewards amounting up to $25,000. Moreover, participants can earn daily USDT rewards for staying online and claim an exclusive in-game title. They can also qualify for a special reward at the game’s official launch by enhancing any purple-quality NFT equipment to +7 or higher. Game creator Alan Tan said, “The launch of our Alpha Test merges gameplay and community-driven development, marking a significant step in our vision. We look forward to hearing from gamers, NFT enthusiasts, and blockchain advocates on their thoughts on participating in this innovation and helping transform MetaCene into a community-driven gaming metaverse.” In conclusion, MetaCene is more than just another blockchain game; it’s a groundbreaking blend of immersive gameplay and blockchain utility. With its high-quality visuals and soundtrack, true asset ownership, and dedication to crafting an engaging gaming experience, MetaCene’s Alpha Testing is the next step in its mission to redefine the future of blockchain gaming. About MetaCene MetaCene is building a next-gen blockchain MMORPG homeland for mass players. It presents a surreal post-apocalyptic society where survivors interact with diverse NFTs to redefine civilizations. MetaCene pioneers player-centric entertainment, governance, and creation through innovative PVE and PVP gameplay, robust technology infrastructures, social guild DAO governance, sustainable economic systems, and in-game editors. MetaCene is founded by gaming experts with 20+ years of industry experience from Shanda Games, Blizzard, Perfect World, and others. It envisages a multi-chain future from Rangers Protocol with real-time confirmation and super-low gas fees. The MetaCene Apostle NFT collection and the Alpha version are coming in 2023 Q2. 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.
 
Binance FZE will now be able to offer services to eligible institutional and retail investors. MVP comes before a product is considered an FMP (full-market product). Virtual Assets Regulatory Authority (VARA) of Dubai has granted Binance FZE, the Dubai arm of the exchange, a license to provide exchange and broker-dealer services in the region. According to the company’s Monday announcement, Binance FZE will now be able to offer services to eligible institutional and retail investors, thanks to the operational minimum viable product license. Head of international markets at Binance, Richard Teng, stated: FMP License Next A minimum viable product (MVP) is an operational prototype of a service that may be deployed to test the waters and collect user feedback. According to Vara’s website, this comes before a product is considered an FMP (full-market product). Moreover, after the initial planning and provisional phases, the third and final phase of Vara’s MVP process is to get an operating license. According to Vara’s website, it authorizes seven types of business for virtual asset service providers. Dubai has passed a bill to govern virtual assets in order to offer a secure environment for investors while also welcoming new technology. Binance received a preliminary MVP license from Dubai’s VARA in September, but the company had to fulfill certain requirements before it could begin operations legally. Highlighted Crypto News Today: Curve Finance Exploit: DeFi Projects Lose $47M
 
Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the Bitcoin miner reserve has been increasing, notwithstanding prevailing market conditions, bouncing back from May 2023 lows. According to data from CryptoQuant, the BTC miner reserve stands at 1.841 million as of July 30, up from 1.826 million on May 27. Bitcoin Miner Reserve Rising The increasing BTC miner reserve and relatively stable and steady coin prices suggest a sense of optimism among miners. This could improve sentiment and confidence among miners, possibly boosting prices and preventing sellers from pressing the coin even lower. Presently, as mentioned earlier, BTC is trending below $30,000. In crypto, the Bitcoin miner reserve measures all BTC in the hands of all miners and mining pools. It shows the total number of BTC that is yet to be liquidated. Price-wise, this is important. Miners frequently sell their coins to cover operational costs and realize profits. Therefore, trackers often monitor their trading patterns for valuable insights into market sentiment. Bitcoin miner reserve trends are important for traders. However, other critical factors could influence prices in future sessions, some of which might have adverse effects. One key consideration is how different countries decide to regulate cryptocurrencies, including Bitcoin, as their move can impact liquidity and investor perception. Regulation, Energy Consumption Criticism Negative For Prices In the United States, for instance, the approval or rejection of a Bitcoin Spot ETF by the Securities and Exchange Commission (SEC) could significantly affect Bitcoin’s price in the months ahead. The approval of a Bitcoin ETF would enable institutional players to include Bitcoin in their portfolios, injecting capital into the crypto markets and potentially increasing liquidity. Currently, Grayscale’s GBTC, a close-ended trust, allows institutions to get exposure to Bitcoin without directly buying BTC. Beyond price-related factors, Bitcoin’s proof-of-work network has faced criticism for its substantial energy consumption to power its operations. In response to environmental concerns, China banned Bitcoin and crypto mining activities, resulting in a drop in the network’s hash rate and negatively impacting BTC prices. Whether the US and Europe will follow a similar path in the future could also have implications for Bitcoin’s price trajectory.
 
The US SEC requested Coinbase to halt trading on all cryptocurrencies except Bitcoin before lawsuit. SEC Chair Gary Gensler has expressed the belief that most cryptocurrencies should be classified as securities. Coinbase suspended staking services in four US states to comply with regulatory requirements. The US Securities and Exchange Commission’s (SEC) recent move sparked controversy, Coinbase was asked to halt trading on all cryptocurrencies except for Bitcoin (BTC). According to the Financial Times, Coinbase CEO Brian Armstrong revealed that this request came before the SEC’s legal action against the company on June 6, where they charged Coinbase for failing to register as a broker. The SEC identified 13 cryptocurrencies on Coinbase’s platform as securities, asserting that their offering fell under regulatory oversight. What’s even more significant is that the SEC’s suggestion to delist over 250 tokens, leaving only Bitcoin on the exchange, reflects the SEC’s stance in attempting to regulate the industry. However, the pre-lawsuit recommendation sent shockwaves through the crypto industry. Indicating the SEC’s intent to expand its jurisdiction over a broader market slice. Further, SEC Chair Gary Gensler has been vocal about his belief that most cryptocurrencies. Except for Bitcoin, should be classified as securities. Notably, Ethereum (ETH), the second-largest cryptocurrency, was absent from the SEC’s case against Coinbase. That raising questions about its classification as a security. Moreover, Coinbase suspended staking services in four US states. Including California, New Jersey, South Carolina, and Wisconsin, to comply with regulatory requirements. The decision was made in response to legal issues faced by the exchange. Users in these states won’t be able to use staking services until further notice, as announced in a blog post on July 14.
 
MoneyExpo India 2023, the most anticipated finance event of the year, is proud to announce the participation of cutting-edge Fintech and Crypto companies. With just 2 weeks left until the event commences at the prestigious Jio Convention Centre in Mumbai, India, MoneyExpo India 2023 promises to be a game-changer in the finance industry. Crypto Companies: XPayBack, BT Cash International, DigiU.Holding, GERATSU LLC, INGOT Brokers, and CPT Markets are among the prominent Crypto companies attending MoneyExpo India 2023. These companies are at the forefront of the rapidly evolving crypto landscape, offering innovative solutions and investment opportunities. Attendees will have the chance to explore the latest advancements in cryptocurrencies, blockchain technology, and decentralized finance (DeFi) platforms. Fintech Companies: Premier Global Fiduciary Services DMCC, Abans Investment Management Pvt Ltd, Wo Trade Ventures Pvt Ltd, Centroid Solutions, FINTOO, FinIQ Consulting India Private Limited, B2Broker, Trust Finance, Global Datafeeds, B2X Tech IT Solutions, FastOne Global Financial Markets Limited, GERATSU LLC, Plus Capital, and Finjuris Counsel are prominent Fintech companies gracing MoneyExpo India 2023. These trailblazers are revolutionizing the finance industry with their disruptive technologies and innovative solutions. Attendees can expect to witness firsthand how Fintech is reshaping the way financial services are delivered and experienced. Exciting Highlights: MoneyExpo India 2023 is not only about showcasing the brightest minds in Fintech and Crypto. The event will feature engaging keynote speeches, panel discussions, interactive workshops, and product launches. Attendees will gain valuable insights from industry experts, explore emerging trends, and expand their knowledge base. It will be an unparalleled opportunity to network with like-minded professionals, potential partners, and investors. Don’t miss this chance to witness the future of finance at MoneyExpo India 2023! Join us from the 12th and 13th of August at the Jio Convention Centre in Mumbai, India. Register now and find more information on the official website at https://moneyexpoindia.com/mumbai. For media inquiries, please contact: ANJALI KUMARI MARKETING MANAGER [email protected] 9731104699 About MoneyExpo India: MoneyExpo India is an annual finance event that brings together industry professionals, investors, traders, and fintech/crypto enthusiasts to explore the latest trends and advancements in the finance industry. The event provides a platform for knowledge sharing, networking, and discovering cutting-edge solutions from leading companies. MoneyExpo India aims to empower attendees with the information and tools necessary to navigate the dynamic world of finance and stay ahead of the curve in an ever-changing landscape. 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.
 
Bullish BSV price prediction for 2023 is $45.60 to $65.99. Bitcoin SV (BSV) price might reach $70 soon. Bearish BSV price prediction for 2023 is $23.56. In this Bitcoin SV (BSV) price prediction 2023, 2024-2030, we will analyze the price patterns of BSV by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Bitcoin SV (BSV) Current Market Status What is Bitcoin SV (BSV)? Bitcoin SV (BSV) 24H Technicals BITCOIN SV (BSV) PRICE PREDICTION 2023 Bitcoin SV (BSV) Support and Resistance Levels Bitcoin SV (BSV) Price Prediction 2023 — RVOL, MA & RSI Bitcoin SV (BSV) Price Prediction 2023 — ADX, RVI Comparison of BSV with BTC, ETH BITCOIN SV (BSV) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ Bitcoin SV (BSV) Current Market Status Current Price $38.69 24 – Hour Price Change 8.42% Up 24 – Hour Trading Volume $112,647,653 Market Cap $745,437,293 Circulating Supply 19,266,077 BSV All – Time High $491.64 (On Apr 16, 2021) All – Time Low $23.30 (On Jun 10, 2023) BSV Current Market Status (Source: CoinMarketCap) What is Bitcoin SV (BSV) TICKER BSV BLOCKCHAIN Bitcoin SV blockchain CATEGORY Bitcoin Cash Hard Fork LAUNCHED ON November, 2018 UTILITIES Governance, Fast Transactions, gas fees & rewards Bitcoin SV, also known as Bitcoin Satoshi Vision (BSV), serves as the native cryptocurrency for the Bitcoin SV blockchain, which emerged as a result of a hard fork from Bitcoin Cash (BCH) in 2018. Notably, BCH was the first hard fork of the original Bitcoin network, making Bitcoin SV the second hard fork of the Bitcoin blockchain. Similar to the original Bitcoin network, Bitcoin SV relies on the proof-of-work (PoW) consensus mechanism for security. This “Bitcoin clone” aims to stay true to Satoshi Nakamoto’s original vision for Bitcoin while enhancing scalability. One of the key improvements is the introduction of expanded block sizes, enabling the network to handle more transactions efficiently. With these developments, Bitcoin SV endeavors to maintain the essence of Bitcoin while offering enhanced capabilities for its users. Bitcoin SV 24H Technicals (Source: TradingView) Bitcoin SV (BSV) Price Prediction 2023 Bitcoin SV (BSV) ranks 55th on CoinMarketCap in terms of its market capitalization. The overview of the Bitcoin SV price prediction for 2023 is explained below with a daily time frame. BSV/USDT Descending Channel Pattern (Source: TradingView) In the above chart, Bitcoin SV (BSV) laid out a Descending Channel. Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market. At the time of analysis, the price of Bitcoin SV (BSV) was recorded at $38.69. If the pattern trend continues, then the price of BSV might reach the resistance levels of $41.53 and $81.29. If the trend reverses, then the price of BSV may fall to the support of $23.85. Bitcoin SV (BSV) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Bitcoin SV (BSV) in 2023. BSV/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Bitcoin SV (BSV) for 2023. Resistance Level 1 $45.60 Resistance Level 2 $65.99 Support Level 1 $32.23 Support Level 2 $23.56 BSV Resistance & Support Levels Bitcoin SV (BSV) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (BSV) are shown in the chart below. BSV/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current Bitcoin SV (BSV) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $36.20Price = $38.57 (50MA< Price) Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 54.49 <30 = Oversold 50-70 = Neutral>70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume Bitcoin SV (BSV) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Bitcoin SV (BSV) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). BSV/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of Bitcoin SV (BSV). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 10.25 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 52.45 <50 = Low >50 = High High volatility Comparison of BSV with BTC, ETH Let us now compare the price movements of Bitcoin SV (BSV) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs BSV Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of BSV is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of BSV also increases or decreases respectively. Bitcoin SV (BSV) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Bitcoin SV (BSV) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price Bitcoin SV (BSV) Price Prediction 2024 $80 $60 Bitcoin SV (BSV) Price Prediction 2025 $90 $75 Bitcoin SV (BSV) Price Prediction 2026 $110 $96 Bitcoin SV (BSV) Price Prediction 2027 $120 $110 Bitcoin SV (BSV) Price Prediction 2028 $130 $120 Bitcoin SV (BSV) Price Prediction 2029 $140 $125 Bitcoin SV (BSV) Price Prediction 2030 $150 $135 Conclusion If Bitcoin SV (BSV) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Bitcoin SV (BSV) price prediction for 2023 is $65.99. Comparatively, if unfavorable sentiment is triggered, the bearish Bitcoin SV (BSV) price prediction for 2023 is $23.56. If the market momentum and investors’ sentiment positively elevates, then Bitcoin SV (BSV) might hit $70. Furthermore, with future upgrades and advancements in the Bitcoin SV ecosystem, BSV might surpass its current all-time high (ATH) of $491.64. and mark its new ATH. FAQ 1. What is Bitcoin SV (BSV)? Bitcoin SV (BSV) is the native cryptocurrency of the Bitcoin Satoshi Vision (BSV) blockchain. Bitcoin SV was launched in 2018 as the second hard fork of the original Bitcoin protocol. 2. Where can you purchase Bitcoin SV (BSV)? Bitcoin SV (BSV) has been listed on many crypto exchanges which include MEXC, BitForex, OKX, Digifinex, Huobi Global, Gate.io, Bibox, and BKEX. 3. Will Bitcoin SV (BSV) reach a new ATH soon? With the ongoing developments and upgrades within the Bitcoin SV Platform, BSV has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Bitcoin SV (BSV)? On April 16, 2021, Bitcoin SV (BSV) reached its new all-time high (ATH) of $491.64. 5. What is the lowest price of Bitcoin SV (BSV)? According to CoinMarketCap, BSV hit its all-time low (ATL) of $23.30, On Jun 10, 2023. 6. Will Bitcoin SV (BSV) reach $70? If Bitcoin SV (BSV) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $70 soon. 7. What will be Bitcoin SV (BSV) price by 2024? Bitcoin SV (BSV) price is expected to reach $80 by 2024. 8. What will be Bitcoin SV (BSV) price by 2025? Bitcoin SV (BSV) price is expected to reach $90 by 2025. 9. What will be Bitcoin SV (BSV) price by 2026? Bitcoin SV (BSV) price is expected to reach $110 by 2026. 10. What will be Bitcoin SV (BSV) price by 2027? Bitcoin SV (BSV) price is expected to reach $120 by 2027. Top Crypto Predictions Dogecoin (DOGE) Price Prediction 2023 Bitcoin Cash (BCH) Price Prediction 2023 Solana (SOL) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
 
Dogecoin is showing positive signs above the $0.075 resistance against the US Dollar. DOGE could extend its rally if it breaks the $0.0835 resistance zone. DOGE is currently trading in a bullish zone above $0.075 resistance against the US dollar. The price is trading well above the $0.0765 zone and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0760 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears $0.0820 and $0.0835. Dogecoin Price Remains In Uptrend In the last Dogecoin price prediction, we discussed how DOGE rallied over 10%. The price extended its increase above the $0.0820 resistance, outperforming Bitcoin and Ethereum. Finally, it tested the $0.0840 zone. A high was formed near $0.0837 and recently there was a downside correction. There was a minor decline below the $0.080 level. The price traded below the 23.6% Fib retracement level of the upward move from the $0.0695 swing low to the $0.0837 high. However, the bulls were active near the $0.0765 support. DOGE is trading well above the $0.0765 zone and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.0760 on the 4-hours chart of the DOGE/USD pair. Source: DOGEUSD on TradingView.com On the upside, the price is facing resistance near the $0.080 level. The first major resistance is near the $0.082 level. A close above the $0.082 resistance might send the price toward the $0.0835 resistance. The next major resistance is near $0.0855. Any more gains might send the price toward the $0.088 level. Are Dips Limited in DOGE? If DOGE’s price fails to gain pace above the $0.0820 level, it could continue to move down. Initial support on the downside is near the $0.0765 level. The next major support is near the $0.0760 level and the trend line. If there is a downside break below the $0.0760 support, the price could decline further. In the stated case, the price might decline toward the $0.070 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0765, $0.0760, and $0.072. Major Resistance Levels – $0.080, $0.082, and $0.0835.
 
Ethereum price is struggling to clear the $1,880 zone against the US Dollar. ETH could start a fresh decline if it stays below $1,880 and $1,900. Ethereum is facing major resistance near $1,880 and $1,900. The price is trading below $1,875 and the 100-hourly Simple Moving Average. Earlier, there was a break below a key bullish trend line with support near $1,870 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now struggling to rise above the same trend line and $1,880. Ethereum Price Faces Key Resistance Ethereum’s price failed to clear the $1,885 resistance and started a fresh decline. ETH declined below the $1,875 and $1,870 levels within a range, similar to Bitcoin. Besides, there was a break below a key bullish trend line with support near $1,870 on the hourly chart of ETH/USD. The pair tested the $1,850 support and recently started a fresh increase. There was a move above the $1,865 level. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $1,885 swing high to the $1,850 low. Ether is now struggling to rise above the same trend line and $1,880. It is trading below $1,875 and the 100-hourly Simple Moving Average. On the upside, immediate resistance is near the $1,875 level and the 100 hourly SMA. It is close to the 61.8% Fib retracement level of the downward move from the $1,885 swing high to the $1,850 low. Source: ETHUSD on TradingView.com The first major resistance is near the $1,885 level. The next key resistance is near the $1,900 level, above which the price might rise toward the $1,950 zone. Any more gains might send the price toward the $2,000 hurdle. Fresh Decline in ETH? If Ethereum fails to clear the $1,875 resistance, it could start another decline. Initial support on the downside is near the $1,860 level. The first major support is near the $1,850 zone, below which the price might test the $1,820 support zone. The next major support is near the $1,780 support level. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,850 Major Resistance Level – $1,885
 
Bitcoin price is recovering higher from the $29,000 support. BTC could revisit the key $29,700 resistance zone in the coming sessions. Bitcoin is slowly moving higher above the $29,200 and $29,300 levels. The price is trading above $29,300 and the 100 hourly Simple moving average. There was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise toward the next major resistance at $29,700. Bitcoin Price Faces Many Hurdles Bitcoin price retested the $29,050 support zone where the bulls emerged. BTC remained strong above the $29,000 zone and recently started a fresh increase. There was a clear move above the $29,250 and $29,300 levels. The price broke the 50% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support. Besides, there was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $29,300 and the 100 hourly Simple moving average. It is now facing resistance near the $29,450 level. It seems like the 61.8% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support is acting as a resistance. The first major resistance is still near the $29,650 level. The next major resistance is near the $29,700 level, above which the price might rise toward the $30,000 resistance zone. Source: BTCUSD on TradingView.com A close above the $30,000 resistance zone could start a decent increase. In the stated case, the price may even surpass the $30,400 resistance. Fresh Decline in BTC? If Bitcoin fails to clear the $29,700 resistance, it could start a fresh decline. Immediate support on the downside is near the $29,300 level and the 100 hourly Simple moving average. The next major support is near the $29,050 level, below which the price could accelerate lower. The next support is near the $28,800 level. Any more losses might call for a move toward the $28,200 level in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $29,200, followed by $29,050. Major Resistance Levels – $29,450, $29,700, and $30,000.
 
Early access to future collections will be granted to those who get the first drop. Ripple will be used to launch new projects by the motorbike manufacturer. Ducati, a manufacturer of high-end motorcycles based in Italy, teamed up with XRP Ledger to join the Web3 market. The primary objective is to provide the company’s first digital collectible, a video montage of all the Ducati emblems that have appeared on the tanks of motorcycles made in Borgo Panigale since 1946. On July 26th, the company debuted its first product for the Web3 era, which is practically a present to Ducati aficionados. Registration opens on the release day and closes seven days afterward. Ducati has stated that, in keeping with the customary pattern of NFT drops, early access to future collections will be granted to those who get the first drop. Expanding Upon Web3 Initiatives The blog post states that Ripple will be used to launch new projects by the motorbike manufacturer utilizing the fast, low-cost, and carbon-neutral XRP Ledger (XRPL) blockchain. Ducati CEO Claudio Domenicali stated: Moreover, in the next months, Ducati will expand upon its Web3 initiatives by developing additional digital aggregation spaces, NFT collections, and other possibilities. Also, a statement from the corporation called the change a “natural evolution of its digital strategy.” More than a year after announcing its intention to enter the industry, the Bologna-based motorcycle maker has finally done so. Highlighted Crypto News Today: Blockchain Technology to Further Boost Cross-border Payments
 
Ethereum is currently the leader in decentralized finance, non-fungible tokens, and smart contracts, and it continues to maintain its position as the dominant cryptocurrency in the altcoin market. This has led to Ethereum having the highest rate of creation of new addresses when compared to the other blockchains. However, data suggests most of these new addresses are dumped just after a few days. New Ethereum Wallets Are Used for Only a Short Time Ethereum is second to Bitcoin in terms of unique addresses. Ycharts estimates put the number of unique addresses on the Ethereum network to around 239.62 million. However, on-chain transaction data shows that if you’ve just created a new Ethereum wallet, chances are you won’t be using it for long. According to crypto data analyst Jack Gorman, over 70% of new Ethereum wallets are used for less than 30 days before the owners stop transacting completely. While taking to a customized graph on Dune Analytics, a blockchain ecosystem analytics platform, the data analyst noted the rate of creation and abandonment of new Ethereum addresses. The data show that Ethereum has one of the highest rates of new addresses, with 2 million new wallets per month. In the past year alone, more than 26.69 million wallets were created. However, most new addresses display minimal activity, with 66% only active for one day and 95.5% being active for less than ten days. For instance, in May 2023, 2.41 million addresses were created, with only 6.91% making transactions after 30 days. Overall, monthly active addresses total around 4.5 million to 7 million. This means that most wallets don’t last long, and only 1.9 million are active for more than 10 days. Fewer addresses are used frequently and long-term, with only 400,000 addresses completing more than 100 transactions in the past year. Why Are There So ETH Addresses? Ethereum has had one of the most impressive adoption rates in recent years. The creation of new addresses provides valuable insights into improving adoption and longevity, and the creation and abandonment of addresses can be traced to airdrop hunters. Airdrop hunters create multiple addresses with the sole aim of farming ERC-20 tokens from airdrops. While the retention rate of new wallets is really low, Ethereum is blessed with various holders, including smart contract addresses and centralized exchanges. The Eth2 Beacon Deposit Contract has the largest address, boasting more than 27.6 million ETH and a 22.9% stake in the network.
 
Elon Musk teases “something special,” sparking excitement in the crypto community. Speculations grow about the possibility of DOGE being added to Musk’s X app. Dogecoin experiences price gains, with potential for further adoption and utility if integrated into X app. Elon Musk, a prominent tech billionaire and owner of X app (formerly known as Twitter), recently made a post teasing that “something special” is on the way. The tweet received enthusiastic responses from the crypto community, particularly Dogecoin-themed accounts. Many followers, including influencer David Gokhstein, speculate that X might add DOGE as a payment method, given Musk’s previous hints. Speculations of Musk’s incorporation of Dogecoin rise Musk’s ongoing hints continue to keep the community intrigued, especially as X undergoes significant changes, starting with its rebranding from Twitter. Recently, Musk shared an image displaying the app’s new logo, “X,” which led some major XRP-themed accounts to draw comparisons to the XRP coin’s logo. As of the current time, Dogecoin has seen a 4% increase in the past 24 hours and a 2.88% rise in the last hour. The potential implementation of DOGE payments on Musk’s X app could result in unprecedented adoption and utility for Dogecoin, potentially leading to a substantial surge in its price. Currently, Dogecoin is trading at $0.08094, showing a 13.58% rise over the past week.
 
Around 300 financial experts were polled across 45 nations by Ripple and FPC. Blockchain tech may save about $10B in cross-border payment expenses. In research released on July 29 by Ripple, a digital payments network, and the United States Faster Payments Council (FPC), 300 financial experts were polled across 45 nations. These individuals work in fields as diverse as fintech, banking, media, consumer technology, and retail. The analysis estimates that by the year 2030, blockchain technology may save financial institutions about $10B in cross-border payment expenses. Analysts, directors, and CEOs all agreed that blockchain technology would be essential in allowing speedier payment systems over the next three years, with 97% of respondents holding this view. Increased Adoption Rate Expected Additionally, more than half of the participants thought that cryptocurrency’s ability to reduce costs is the greatest advantage of all. More than half of respondents to the poll agreed that decreased payment costs (both locally and internationally) are crypto’s key advantage. Moreover, financial technology research firm Juniper Research projects that banks will save a significant amount of money by using blockchain technology for international transactions over the next six years. Cross-border payments are projected to increase in the future years. This is because the e-commerce industry is developing and companies place a higher value on global marketplaces. Also, the paper noted the predicted large growth in cross-border financial activities by the year 2030. When asked when the majority of stores will begin accepting digital currency payments, however, participants’ responses were mixed. Fifty percent of respondents were sure that most retailers will accept cryptocurrency payments within the next three years. However, opinions were more divided regarding whether or not this would happen in the following year. Highlighted Crypto News Today: SEC and Binance Oppose Eeon’s Intervention in Legal Proceedings
 
Shiba Inu community experiences significant excitement as SHIB’s price surges, leading to a surge in large transactions. 260% increase in high-value transactions, totaling $27 million in one day, adds to the momentum. SHIB’s meteoric rise linked to a 13% spike, reaching a two-month high, and fueled by Dogecoin scrutiny and Shibarium anticipation. The Shiba Inu community is witnessing a significant surge in excitement as the SHIB experiences a substantial increase in price, leading to a surge in large transactions. According to crypto intelligence portal IntoTheBlock, there has been a remarkable 260% surge in high-value transactions involving the Shiba Inu, amounting to $100,000 or more, within the past 24 hours. This surge in large transactions amounts to a staggering $27 million, contributing to a total of 5.25 trillion SHIB transactions in a single day. Shiba Inu price spiked recently The price surge of the SHIB began on Friday, coinciding with a wave of enthusiasm for dog-themed meme coins. The Shiba Inu witnessed an impressive 13% increase, reaching its highest value in the past two months. Consequently, the market cap of SHIB also soared by an astounding $500 million. While the exact reasons behind this sudden trend remain speculative, some suggest that the scrutiny surrounding Dogecoin (DOGE), particularly related to potential crypto payments on the platform formerly known as Twitter, could have played a role. Additionally, the community’s heightened interest in SHIB might be attributed to the anticipation surrounding the release of Shibarium, a recent development in the Shiba Inu ecosystem. As the SHIB community endeavors to comprehend the factors contributing to this remarkable surge, the overall excitement and speculative discussions surrounding the token continue to fuel its momentum.
 
Investors are constantly seeking opportunities to diversify their portfolios with cheap but promising altcoins with significant growth potential. In pursuit of this, the top altcoins to invest in now below $1 are Hedera (HBAR), Algorand (ALGO), and Pomerdoge (POMD). In this article, we will explore the ecosystem of the three altcoins priced under $1 that are gathering immense attention. Click Here To Find Out More About The Pomerdoge (POMD) Presale Hedera (HBAR) Appears Poised for a Rally With Its Bottom Close Hedera is a sustainable network that enables businesses and individuals to create powerful decentralized applications (dApps). While Hedera coin is a top token in the crypto market, it has significantly declined by over 90% from its 2021 high. Nevertheless, the same can be said for the general crypto market, which has also declined. Notwithstanding, Hedera crypto has been showing bullish momentum. Moreover, it appears its bottom is close, which makes its room for growth significant. Hence, this makes it poised for Algorand (ALGO): The Blockchain Token With Significant Growth Potential Algorand (ALGO) is the utility token of the Algorand blockchain. The blockchain is designed to enable efficient, fast, and, more importantly, scalable transactions. As a result of Algorand’s focus on providing a borderless economy, it appeals to investors due to its strong fundamentals. In light of Algorand’s strong fundamentals, which revolve around blockchain technology, it will soar upon mass adoption. Consequently, the Algorand coin is a top token for less than $1 to invest in now. Pomerdoge: The presale token less than $1 with explosive growth potential Pomerdoge is an exciting emerging P2E game and token gathering momentum in the crypto scene. As a result of its exciting game and growth potential, Pomerdoge has been touted to surpass more popular P2E coins. Furthermore, the Pomerdoge’s ecosystem will host an NFT collection, which enthusiasts can hold for its potential growth. As a P2E platform, Pomerdoge will connect players from around the world, serving as a networking platform. Moreover, players will also be able to compete and earn rewards. Also, they can build their gaming character to an elite level, thereby giving them a competitive edge. Furthermore, gamers will also have access to its Pomerplace, which will allow them to sell and trade valuable items collected in the game. Also, the Pomerplace will consist of an arena where players can battle against other members. Additionally, the ecosystem will host an NFT collection. Notably, the collection will comprise 7,777 digital collectibles, including rare ones. However, the NFTs will be available only to presale buyers. The Pomerdoge presale is ongoing, currently in stage 1 at a token price of $0.007. As a result of it being a presale token, it has significant room for growth. Before its launch, it will likely increase by 17x and more afterward. In summary, Pomerdoge’s exciting P2E game, NFT collection, and immense growth potential make it a top token. The presale is still ongoing, meaning you can position yourself for its growth. Above all, you can be confident about investment security, as the project and token have passed an audit with SolidProof and Cyberscope. With this, you can confidently participate in the presale via the link below. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge
 
Blockchain technology is continually reshaping the financial industry, offering promising transformations in transaction processing. Its potential is immense, as outlined in a recent report by digital payment network Ripple in collaboration with the United States Faster Payments Council (FPC). The report presents a robust case for blockchain’s role in expediting payment systems and the ensuing cost savings. But is the financial sector ready to embrace this emerging technology on a large scale? Financial Institutions To Embrace Faster Payment Systems With Blockchain The survey, which received inputs from 300 finance professionals spanning 45 countries, sheds light on the growing consensus about the advantages of blockchain. It illustrates a palpable shift in the perception of this technology across sectors including fintech, banking, retail, consumer technology, and media. The majority of the surveyed professionals, comprising analysts, directors, and CEOs, strongly assert the potential of blockchain. Approximately 97% are confident that blockchain technology will be instrumental in expediting payment processes over the upcoming three years This widely-held conviction underscores the positive outlook toward blockchain, indicating a readiness to welcome its disruptive capabilities. A Catalyst For Cost-Efficiency In Cross-Border Transactions? Furthermore, the report highlights the cost-saving potential of cryptocurrencies. More than half of the respondents agreed that cryptocurrencies could significantly reduce payment costs, both domestically and internationally. The report predicts that blockchain’s application in global transactions could save financial institutions an estimated $10 billion in cross-border payment costs by 2030, substantiated by findings from fintech analysis firm, Juniper Research. With the rapid growth of e-commerce and businesses looking to penetrate international markets, the report anticipates a surge in cross-border payments. It estimates global cross-border payment flows could reach roughly $156 trillion by 2030, buoyed by a compound annual growth rate (CAGR) of 5%. Despite the optimistic views, the survey revealed a divide in opinions regarding the timeline for widespread merchant adoption of digital currency payments. About 50% of the respondents were optimistic about significant merchant adoption within the next three years. However, predictions varied for the likelihood of adoption within the next year, with the Middle East and African regions exhibiting the most confidence and Asia-Pacific the least. Particularly, 27% of respondents from the Middle East and African regions anticipate that a majority of vendors will adopt cryptocurrency payments in the following year. While a mere 13% of the Asia-Pacific (APAC) region forecasted the same transition period. Regardless, over the past 24 hours, XRP has shown a slight uptrend up by 0.7% with a trading price of $0.71, at the time of writing. This price action comes after the asset experienced a 4.1% decline in the past week. Featured image from iStock, chart from TradingView
 
Shiba Inu, one of the well-known alternative coins on the cryptocurrency market, has seen its price rise dramatically over the past week. This increase in value can be primarily attributable to whale activities, which have significantly improved the performance of the meme coin. Shiba Inu has distinguished itself among the many alternative cryptocurrencies with a fantastic price increase. Shiba Inu fans and investors have been closely keeping tabs on the market’s developments and have seen a rapid rise in the asset’s value. Related Reading: Dogecoin Leaps 13% Following Elon Musk’s Cryptic Tweet – Details Large holders have amassed enormous amounts of SHIB, as evidenced by on-chain data from the market intelligence platform Santiment. Since the beginning of June, addresses holding 10 million to 100 billion SHIB tokens (Shina Inu whales) have purchased a total of 1.11 trillion SHIB. Whales Scoop Big Amounts Of SHIB Whale activity refers to the involvement of large investors who hold large amounts of SHIB. Their actions, such as buying and trading the coin, contribute to the price hike and positive market sentiment surrounding the meme coin. Additionally, Santiment data revealed that over the past two to three months, huge Shina Inu wallets belonging to the “shark” and “dolphin” categories have purchased SHIB valued at more than $9 million. As of Friday, these significant investors held $32.49 trillion worth of SHIB securities. The group owns SHIB, worth about $266 million in total. This increase in whale activity occurs before the launch of the layer-2 solution Shibarium, which is a significant event for the Shiba Inu ecosystem. Shibarium’s launch has been anticipated by cryptocurrency fans, who observed a noticeable increase in buying activity in recent days. Investors and traders alike have expressed great excitement about the upcoming launch of Shibarium. Shiba Inu Current Trading Performance, Market Position At the time of writing, SHIB was trading at $0.00000848, up 3.8% in the last 24 hours and climbing 8.0% in the previous week, data from crypto market tracker Coingecko shows. As of this writing, Shiba Inu is ranked by CoinGecko as the 15th-largest cryptocurrency by market cap, having a value of nearly $5 billion. Shibarium, which offers a second-layer solution to improve the network’s scalability and general efficiency, is a significant advancement for the SHIB ecosystem. The rising demand for the SHIB coin has increased the importance of a robust infrastructure that can process a large number of transactions quickly and efficiently. Shibarium is currently only available on the testnet. Still, its introduction has sparked great interest and is a significant factor in the increasing demand for this meme coin. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from The Daily Hodl
 
Maker (MKR), one of the prominent players in the decentralized finance (DeFi) space, has experienced a remarkable 11% price surge in the past seven days. Despite a slight drop in the last hour, the token’s performance remains impressive. Maker (MKR) Bullish Price Sentiment Maker’s recent price performance has been noteworthy, with a solid 11% increase over the past week. The token also recorded a 4.21% price increase in the last 24 hours, indicating strong momentum in the short term. However, a minor correction of 0.81% in the past hour highlights the market’s volatility. Currently trading at $1,220.43 per MKR, the token remains 80.75% below its all-time high of $6,339.02. While the recent price surge is encouraging, it is essential to consider the historical context and the factors influencing the crypto market’s dynamics. The MakerDAO community recently voted in favor of a temporary increase to the interest rate paid to holders of the protocol’s decentralized stablecoin, DAI. This proposal introduced the Enhanced Dai Savings Rate (EDSR), a mechanism to temporarily boost the Dai Savings Rate (DSR) to users during periods of low utilization. Proposed by Maker founder Rune Christensen, the EDSR could increase the effective DSR to 8% when the utilization ranges from 0% to 20%. The mechanism is designed to decrease the DSR as utilization increases gradually. Related Reading: Shiba Inu Reclaims 14th Spot In Market After 5% Jump This isn’t the first time Maker has adjusted the DSR. In the past few months, the protocol has raised the DSR thrice: first to 1% in November, then to 3.3% in May, and finally incorporating a marginal increase to 3.49% in June. The latest EDSR proposal aims to incentivize DAI holders and stimulate demand for the stablecoin. Stimulating Demand For DAI Despite the recent increase in the DSR, data from Dai Stats shows that investors have only deposited $307 million in the DSR, representing a modest 6.7% of the total supply of DAI. The amount of DAI in circulation decreased to $4.6 billion from over $6.9 billion in the previous year. In response to the declining circulation of Maker’s dollar-pegged stablecoin, the protocol is taking proactive steps to spur demand for DAI. By enhancing the interest rate DAI holders can earn, the protocol aims to attract more users and create a favorable ecosystem for DAI utilization. Related Reading: Tether (USDT) Market Cap Reaches New Peak, Edges Toward $84 Billion Mark The broader stablecoin market has also experienced a downtrend, with the total market capitalization sinking to $127 billion from nearly $160 billion a year ago. The introduction of EDSR is seen as a strategic move to increase the appeal of DAI and strengthen its position in the competitive stablecoin landscape. What’s Next For Maker (MKR)? As Maker continues improving the DAI ecosystem, investors closely monitor its governance decisions and the market’s response to the enhanced interest rate mechanism. The success of the EDSR proposal could drive further adoption of DAI and contribute to its overall liquidity in the market. Moreover, the broader crypto market’s performance and regulatory developments will determine Maker’s future trajectory. If the bullish sentiments continue, Maker could surpass the $1,300 resistance point but if the opposite occurs the next support levels are $1,200 and $1,180. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from iStock, chart from TradingView
 
This time around, Elon Musk, the CEO of SpaceX and the world’s largest manufacturer of electric vehicles, Tesla, is creating a flurry of excitement around cryptocurrencies, maybe with a particular focus on Dogecoin, the well-known parody cryptocurrency. The crypto community has taken note of Musk’s recent acts since they continue to demonstrate his influence in altering the market dynamics of digital currency. The billionaire Musk, who is also the owner of the X app (formerly known as Twitter), posted on Sunday that “something special is coming soon.” Elon Musk Tweet Does It Again This tweet received a lot of positive feedback from the cryptocurrency community, especially from accounts with a Dogecoin theme. Based on Musk’s repeated references to this development in the past, many people, including the influencer David Gokhstein, anticipate that X will add DOGE – the largest meme coin – as a payment option. This anticipation arises from the fact that Elon Musk has previously made a number of very quiet signals that a similar action may be planned. Dogecoin (DOGE) saw a stunning price increase on Friday, garnering a lot of attention in the cryptocurrency community. On that particular day, DOGE’s price noticedably increased by over 10%, breaking past the $0.07 barrier mark. Dogecoin Rising At $0.08 When this article was being written, DOGE was trading at $0.08, up 2.7% over the previous day. However, the meme coin really proved its worth on a weekly basis, rising in value by about 13% in response to Musk’s post. Source: Coingecko This positive momentum-driven upward rise in value led to a sizable increase in the market capitalisation of the asset. The cryptocurrency’s market cap increased as a result, rising by an estimated $1 billion to a new high of $10.66 billion from its previous value of $9.67 billion. The reasons for this remarkable rise have been the subject of heated speculation among many members of the crypto community. One of the more intriguing current theories is on the potential integration of DOGE, the disputed cryptocurrency, into the source code of Tesla’s website’s payment page. Price Boom Soon? As enthusiasts and investors alike anticipate the potential effects of such a development, this notion has been spreading. The mere possibility of DOGE becoming a payment option for Tesla has sparked curiosity and led to upbeat predictions for the cryptocurrency’s future. If Elon Musk does truly integrate DOGE payments into his X app, Dogecoin will experience a solid increase in utility and acceptance, as well as a significant price boom. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Getty Images
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