With the decentralized finance sector forming part of the larger Web3 ecosystem, users are being allowed to leverage the sector for financial independence. However, it is always a tough task for users to identify the top DeFi tokens that can guarantee profits. As such, we’ve curated a list of top DeFi tokens with the potential to skyrocket investors’ earnings, particularly in the bull market season. Let’s dive in. Below is a snippet of the top DeFi coins that can be purchased right now. In the latter sections, we dive deep into each token to justify why they have been picked.…
Author: Web3 Daily Press Staff
A closely followed crypto analyst believes that rallies are in sight for a couple of altcoins including the native asset of the decentralized oracle network Chainlink (LINK). Pseudonymous analyst Inmortal tells his 211,300 followers on the social media platform X that he sees LINK rallying close to $26. But before Chainlink could surge to a level last seen over two years ago, Inmortal sees the altcoin dropping to as low as $15. “LINK: $15-$17 is a good range to add to spot bags. Quite simple.” Source: Inmortal/X At time of writing, Chainlink is trading for $18.30. Next up, the trader…
Read U.TODAY on Google News XRP is moving quietly but surely. The whole market seems bullish and in this hopeful mood, some are not seeing the clear uptrend XRP is on.Looking at the price chart, XRP is at around $0.62. But let’s zoom in. The asset has been clearly showing some strong bullish tendencies not many have noticed. Sure, it has not hit high peaks like before, but it is not dropping to new lows either.XRP/USDT Chart by TradingViewSo, what are the key prices to keep an eye on? Right now, the support level to watch is at about $0.58.…
In the dynamic realm of cryptocurrencies, Bitcoin Cash (BCH) airdrops offer a tantalizing opportunity to acquire free tokens. However, navigating these airdrops requires careful consideration, especially regarding security measures. Fear not! This comprehensive guide serves as your roadmap to confidently claim Bitcoin Cash airdrops while prioritizing safety and maximizing rewards.Photo by CardMapr.nl on UnsplashStep 1: Access the Official Airdrop WebsiteBegin your journey by accessing the official Bitcoin Cash airdrop website. Click the link above to ensure you are entering the right websiteStep 2: Check Token EligibilityBefore proceeding, meticulously review the eligibility criteria outlined by the project. Requirements may include holding…
Last updated: March 22, 2024 12:09 EDT | 3 min read Binance Coin (BNB) is on a tear after the recent SEC decision on Bitcoin ETF, surging towards its all-time high. Meanwhile, savvy investors of Monero (XMR) and Hedera (HBAR) are rushing to the presale of emerging crypto InQubeta (QUBE). Let’s take a closer look at these developments.BNB Poised for Takeoff: Chasing the All-Time HighBinance Coin is experiencing a meteoric rise, and many experts are predicting it’s on the cusp of reaching a new all-time high (ATH). Recently, it saw a phenomenal 7% price increase, propelling BNB closer to the…
What is happeningThe SEC is intensifying efforts to classify Ethereum as a security, issuing subpoenas to companies involved with the Ethereum Foundation. This move casts doubt on the approval of Ethereum ETFs, following the SEC’s recent approval of Bitcoin ETFs.If Ethereum is classified as a security, it could face stringent trading regulations. This might entail increased paperwork and restrictions on buying and selling Ethereum for retail traders in the U.S. Additionally, companies involved with Ethereum may need to adhere to regulations similar to those governing stocks and bonds, potentially introducing complexity into their operations.Ethereum’s transition to a proof-of-stake model in…
Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in that time, compared to 56% for the S&P 500 and 50% for Nasdaq. Conversely, silver and bonds have performed dismally, losing 13% and 19% of their value, respectively, while gold registered a modest 7% gain. ‘Volatility is vitality’ Following Bitcoin’s meteoric rise to a record…
BTC’s price moved marginally in the last 24 hours. Market indicators hinted at a few more slow-moving days. Investors might have been worried about the last few days, as Bitcoin’s [BTC] price witnessed multiple corrections. However, they must not lose hope, as this might just be yet another re-testing phase, which could end with another bull rally. What history suggests The last week did not witness high volatility in terms of BTC’s price action, as the king of cryptos’ value moved marginally. A similar trend was also noted in the last 24 hours. According to CoinMarketCap, at the time of…
Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Digital Money has gained 1.95% to $87.35. InvestorsObserver is giving Litecoin a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. LTC’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.Litecoin price is trading near resistance. With…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Shiba Inu (SHIB) and Floki (FLOKI) experience price retracements, KangaMoon surpasses expectations, raising over $2.3 million in its presale stages, signaling strong community support and market potential ahead of its launch. In recent market movements, two prominent meme coins, Shiba Inu (SHIB) and Floki (FLOKI), have been facing a price retracement despite significant gains witnessed over the past month. This has prompted investors to closely monitor the situation. Meanwhile, KangaMoon has emerged as a promising alternative, having successfully…