Author: Web3 Daily Press Staff

SAFEMOON Airdrop: Verify Your Eligibility TodayDid you eligible for $SFM Airdrop?. This article is about how to check your eligibility and claim SAFEMOON airdrop. Just read and follow easy steps. With the rise of decentralized finance (DeFi) and blockchain technology, cryptocurrency enthusiasts are constantly on the lookout for new opportunities to earn tokens. Airdrops have become a popular method for distributing tokens to the community, and SAFEMOON is no exception. If you’re eager to claim your $SFM airdrop through DAOmaker, here’s a step-by-step guide to help you navigate the process.AirdropWhat is SAFEMOON?$SFM is a promising project that aims to revolutionize…

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In an era where cryptocurrency innovation seems boundless, a new contender has emerged, shaking the foundations of traditional blockchain technology. BlockDAG stands at the forefront of this revolution, boasting a unique Directed Acyclic Graph (DAG) system that promises to eclipse the limitations of its predecessors. As the crypto community buzzes with the success of BlockDAG’s second presale batch, it’s imperative to examine how it stacks up against stalwarts like Polkadot and the burgeoning Memeinator. This exploration aims to provide a deep dive into these platforms, culminating in a reasoned argument favoring BlockDAG’s burgeoning dominance. The Evolution of Cryptocurrency: BlockDAG’s Revolutionary…

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Elacity, the pioneering NFT Marketplace built on Elastos, announced its support for the trading of ERC404 standard NFTs. This technical development enables the buying and selling of fractional NFTs, seamlessly aligning with current token trading standards. ERC404 addresses the limitations posed by existing NFT trading processes. Designed from the ground up to integrate the characteristics of ERC-20 and ERC-721 tokens into a single, more flexible model, ERC404 standard NFTs provide customers the ability to buy and sell portions of NFTs rather than previous methods which only allowed for the purchasing of whole NFTs. This capability brings the ability to create…

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Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, crossed the $68,000 mark early Monday as it slowly looks to consolidate at around its all-time high of $69,000. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board. The GALA token emerged to be the biggest gainer of the lot, with a 24-hour gain of over 31 percent. Memecoin PEPE turned out to be the biggest loser, with a 24-hour dip of nearly 10 percent. The global crypto market cap stood at…

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A widely followed analyst thinks that massive gains are ahead for a new decentralized finance (DeFi) altcoin. Pseudonymous analyst Inmortal tells his 209,300 followers on the social media platform X that the governance token of the Solana (SOL)-based decentralized exchange aggregator Jupiter (JUP) looks primed for a parabolic surge. Inmortal shares a chart suggesting that JUP will rally to a new all-time high of $2.30, an increase of more than 207% from current levels. Source: Inmortal/X At time of writing, JUP is trading for $0.747. Next up, the trader is keeping a close watch on the decentralized oracle network Chainlink…

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The cryptocurrency market is rallying this month as Bitcoin climbed above the $68,000 mark. Bitcoin retraced in price currently and is now hovering around the $66,800 range. The leading cryptocurrency is attracting heavy bullish sentiments and could climb above its all-time high of $69,044 soon. The ongoing rally has pushed altcoins to reach new monthly highs delivering stellar profits to investors. Read here to know the top 3 coins under $0.01 that could double in price this month and deliver better returns. Also Read: After Embracing Bitcoin, Robert Kennedy Jr Supports Shiba Inu However, now that the cryptocurrency market remains…

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Pepe, Floki, and Shiba Inu had the biggest gains of the week. Kaspa, Bitcoin Cash, and Bitget Token were the biggest losers for the week. Once again, meme coins have demonstrated their profitability by yielding significant gains for yet another week. However, while Bitcoin [BTC] continued to reach new all-time highs, its fork failed to replicate the same success. Additionally, Bitget Token struggled to recover from the losses of the previous week, and Kaspa emerged as a notable loser. Biggest winners Pepe Pepe [PEPE] has emerged as the king of meme coins and the top gainer of the week, as…

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Binance Coin Price: Earlier this week, the cryptocurrency market witnessed a sudden sell-off which plunged the Bitcoin price to a low of $57500. While the retracement spread to the altcoin market as well, the BNB token of the Binance crypto exchange showcased a robust recovery evidenced by five green candles in the daily chart. This recent upswing led the BNB price from $385 to $528, registering 37%. Will this recovery extend if BTC breaks above $70000 on Monday?Also Read: BNB Price Hits 2-Year High. Why is Binance Coin Rising?BNB Price Ascend Triggered a $2.3 Million Short SqueezeBinance Coin Price| TradingviewAmid…

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XRP is currently experiencing what we sometimes refer to as a “squeeze.” This technical phenomenon occurs when an asset’s price consolidates, leading to a battle between buyers and sellers for control of the market direction in a narrow price range.XRP’s squeeze is evident as the price hovers near a convergence of its moving averages, which are pivotal indicators of both support and resistance. The 50-day moving average (orange line) and the 100-day moving average (blue line) converge around the $0.55 to $0.58 range, creating a crucial zone that XRP must hold to maintain a bullish posture. A breach below this…

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