The recent crypto correction has created an opportunity for fearless investors willing to load their wallets. With the broader markets gearing up for an electrifying rebound, a wave of new capital is about to flood into the market! DogeCoin – The Ultimate Meme Coin Dogecoin has led the charge time and time again, captivating the masses with more than 200% gains over just the past year alone. But while Dogecoin has since cooled after amassing a significant $30 billion market cap, traders are wondering – where might the next Doge-inspired returns emerge? All signs are pointing to the wonderful project…
Author: Web3 Daily Press Staff
Despite having little to no purpose, some memecoins have valuations in the billions.Ethereum founder Vitalik Buterin suggested tying them to charity or finding other ways to tap taders’ desire for fun and profit.Every day, crypto traders swap billions of dollars of memecoins — defiantly useless tokens with tickers that often point to internet memes like Pepe the Frog.Ethereum co-founder Vitalik Buterin thinks there’s a better way.Memecoin creators should set aside a large chunk of tokens for charitable causes — or, better yet, create crypto-based video games designed to help low-income players, he said on his blog Friday.“I have zero enthusiasm…
Last updated: March 29, 2024 15:06 EDT | 4 min read Chainlink (LINK) is a service aiming to build a decentralized network of oracles. Oracles are the intermediaries between blockchain, which cannot access real-time data by design, and the real world and any data a blockchain-based program and its smart contracts might need.This helps automate processes that would otherwise need external proof of performance to be provided manually. Chainlink aims for blockchain-agnosticism, meaning that it wants to be supported by any kind of blockchain. Its decentralized nature is the way it reaches consensus: instead of needing to trust one or…
Cardano (ADA) has been experiencing a prolonged period of stagnation, hovering just above the $0.65 support level, while other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) witnessed significant surges. Despite this apparent setback, ADA proponents remain undeterred, expressing optimism about an imminent rally that could potentially propel the coin to the coveted $3 mark. In a Saturday post, a vocal ADA supporter known as “Crybaby” reflected on the current market sentiment, drawing parallels to previous market cycles. He highlighted the scepticism and doubt among ADA holders as other cryptocurrencies surged, reminiscent of a similar scenario. However, ‘Crybaby’ remained steadfast in…
As the crypto world keenly observes the effects of Bitcoin’s latest halving and the notable price surge of TON, BlockDAG’s (BDAG) presale is on the brink of crossing an extraordinary milestone: nearing the $10 million mark. BlockDAG stands out in the crowded cryptocurrency market not just because of its remarkable presale success, nearing the $10 million milestone, but also through its revolutionary approach to mining and investment within the blockchain ecosystem. Amidst the TON price rally and the anticipatory phase before the Bitcoin cash halving, BlockDAG is a steadfast entity for investors and miners seeking innovation and stability. Let’s analyze…
Denys Serhiichuk Does Binance Coin (BNB) have enough energy to set new local peaks? Read U.TODAY on Google News Most coins keep rising, however, there are some exceptions, according to CoinMarketCap.Top coins by CoinMarketCapBNB/USDBinance Coin (BNB) has gained a lot of value today, rising by 5.55%.Image by TradingViewDespite today’s rise, the price of BNB is looking bullish on the hourly chart. Traders should pay attention to the local level of $613.5.If the daily bar closes above it, the growth is likely to continue to $625 tomorrow.Image by TradingViewBulls are also powerful on the bigger time frame. The rate is again above the…
Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump. Bitcoin ranked second on Friday with US$10.21 million in total sales. Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone. Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion. Solana had two projects, Mad Lads and Froganas, in the top 10 collection rankings on Friday, with both projects recording under US$1 million. This is the first day…
Though many of the top asset managers and investors are investing in, or at least open to crypto and Bitcoin, a few remain hesitant to adopt the asset. Most prominent among the anti-Bitcoin camp is legendary investor Warren Buffett.Buffett’s strategy of investing in solid companies that continuously generate cash and value has been hugely successful. This has allowed his company Berkshire Hathaway Inc. to sustain itself through market peaks and troughs.Don’t Miss:Buffett is notorious for his anti-Bitcoin stance, saying in a 2018 interview with Yahoo! Finance, “If you buy something like Bitcoin or some cryptocurrency, you don’t really have anything…
With Bitcoin’s fresh all-time high this month in a rally, speculations have been around which state the fears about the Biden administration’s plotting to kill crypto. The surge of 350% has been the talk of the crypto town! From the chief executive of the world’s largest asset manager Blackrock’s statement to the company’s faith in Bitcoin, there are many ways in which Blackrock can influence Bitcoin price in the upcoming days. Let us delve into it! Blackrock is an American multinational investment company with $10 trillion in assets under management currently! It is the manager of the iShares group of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors in Cosmos (ATOM) and Litecoin (LTC) are throwing their weight behind Raffle Coin (RAFF), seeing it as a potential game-changer in the digital raffle space. With a focus on community engagement and innovation, RAFF aims to redefine online raffling. The focus has turned toward Raffle Coin as Cosmos and Litecoin supporters have announced themselves as believers in its potential. As the crypto community unfolds to newer opportunities for growth and innovation, Raffle Coin becomes one of the most…