The Polkadot (DOT -8.47%) cryptocurrency has climbed from less than $6.50 to more than $10.50 per token in six short weeks. It’s trading at prices not seen since the spring of 2022. Is it too late to jump aboard the Polkadot bandwagon, or does the cryptocurrency have greater gains ahead? There’s no such thing as a guaranteed winner in any investing market, and particularly not in the volatile cryptocurrency class. That being said, I’m convinced that Polkadot is only starting a long and lucrative success story. In fact, Polkadot is the largest holding in my crypto portfolio, and I’m still…
Author: Web3 Daily Press Staff
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Prominent investors are showing interest in the NFTFN Presale Project, a new initiative in the cryptocurrency market aimed at broadening access to NFT investments and connecting digital with traditional assets. This project, distinguished by its new approach and strong community support, is poised to introduce changes in the NFT landscape. In the dynamic cryptocurrency market, new projects often emerge, yet only a select few capture the interest of prominent investors. Among these, the NFTFN Presale Project has garnered notable…
With BlockDAG (BDAG)‘s latest keynote making waves and its latest figure of $4.90 million already being raised in the presale stage, BlockDAG is acting as the pole star in the crypto sky. This article studies Dogecoin’s significant transfer to Robinhood and Filecoin’s growth potential. Additionally, investors can find out why BlockDAG fares well among many other crypto options. DOGE Transfer to Robinhood Stires Speculations The crypto world was surprised when over 150 million Dogecoin were moved to Robinhood, valued at roughly $26.4 million. This large-scale transaction, reported by Whale Alert, stirred speculation about potential market movements and the involvement of…
Solana is experiencing robust growth amid the ongoing bull market run that has spread through the crypto industry. Indeed, Solana’s SOL token has emerged as one of the best performers, rising by around 30% during the past month to around $190. Solana’s DeFi Soars to All-Time High Solana’s decentralized finance (DeFi) ecosystem has flourished with the broader crypto market rally since the year’s outset. Data from DeFiLlama illustrates this trend, revealing an extraordinary surge in Solana-based decentralized exchange (DEX) activity. Over the past 24 hours alone, daily transaction volume has surpassed an impressive $3.6 billion, establishing a new all-time high.…
In recent years, Passive income generation has emerged as a particularly enticing prospect for investors. In 2024, 30% of crypto holders will actively seek passive income streams within the digital asset space. This trend is fueled by the desire to generate consistent returns, regardless of short-term market fluctuations. 📊 Last Grab: Few Tokens Remain, Presale Wrapping Up 📊 This article will discuss three trending cryptos – Scorpion Casino (SCORP), Tron (TRX), and Chainlink (LINK) – and analyse their potential for generating consistent returns. While each project offers distinct approaches, all cater to the growing demand for passive income within the…
In a statement, Charles Hoskinson, the founder of the Cardano, expressed his opinion regarding the accusation of a network change through Hydra, the technology used by the organization for scalability. He gave FUD (Fear, Uncertainty, and Doubt) remarks a hit, underlining that the platform is very productive. I’m seeing some videos claiming that Hydra has been abandoned. It is just pure FUD. The team has never been more productive and motivated, there is great community engagement and new papers on the way for enhancements to the protocol. If you are ever curious about the project go…— Charles Hoskinson (@IOHK_Charles) March 16,…
💸 Final Shot: Get Tokens Before the Presale Ends 💸 Bitcoin Cash (BCH) and Polkadot (DOT) are currently experiencing growth, with all signs pointing towards further gains. However, the increasing likelihood of price consolidation within these networks has raised some eyebrows. Amid these concerns, investors are shifting their focus towards Scorpion Casino (SCORP) and its ongoing presale. Attracting significant attention and investment, Scorpion Casino stands out with its GameFi ecosystem and a $250k giveaway, drawing in crypto whales in search of 100x crypto opportunities. This shift marks a pivotal moment for both seasoned and new investors. Scorpion Casino (SCORP): The…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market is poised for significant changes, with Raffle Coin (RAFF) introducing a decentralized platform aimed at changing the traditional raffle scene. Alongside established players like Ethereum (ETH) and Binance Coin (BNB), Raffle Coin seeks to offer a wide range of interesting opportunities. The growing interest in the Raffle Coin (RAFF) presale symbolizes a need for change in the space of cryptocurrency raffles. Impact of Dencun upgrade on Ethereum The Dencun Ethereum upgrade has caused quite a bit…
Ethereum broke its lower timeframe bullish structure. The liquidation levels heatmap outlined two support zones. Ethereum [ETH] saw a sizeable pullback over the past few days after its steady bullish march over the past month. The $4.1k level was almost reached before the bulls were forced to retreat. Investors need not worry about this dent in prices too much. Bitcoin [BTC] also faltered just above the $73k level and dragged the rest of the market down. While the rally is expected to continue higher in the long run, further losses are anticipated over the next few weeks. Traders need to…
The slip-off in Bitcoin (BTC) price from the week has stirred a drawdown that caused the coin to drop below the $66,000 support level for the first time since it breached its All-Time High (ATH) above $73,000. The Bitcoin (BTC) Price Rout At the time of writing, market data pegs the price of Bitcoin at $65,777.25, down by 3.6% in 24 hours. There is evidence of volatility in the market as the coin reached a daily high of $70,046.27 before printing the current price. While many market experts have dismissed the Bitcoin price correction, the sustained drawdown is bearing a…