The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called āprice predictionā) on this page are subject to change without notice and are not guaranteed to be accurate. Readers are encouraged to do thorough research before making any investment decisions. ā ļø
Flokiās TokenFi Removes 0.3% Buy/sell Tax on $TOKEN
Floki's decentralized autonomous organization (DAO) hasĀ officially voted to remove the 0.3% buy/sell tax onĀ TokenFiĀ native token, $TOKEN. This decision, which received unanimous support from the community, marks a significant move towards enhancing the tokenās accessibility and usability within the broader cryptocurrency market. A Unanimous Decision from the Floki DAO The proposal to eliminate the buy/sell tax on $TOKEN was made through the Floki DAO, a key governance body in the Floki ecosystem. The vote, which was published via Snapshot, received 100% support, signaling a rare instance of absolute alignment within a DAO vote.Ā With the decision now implemented, the buy/sell transaction tax on $TOKEN has been officially set to 0%. This change is effective immediately across both theĀ Ethereum andĀ BNB Chain networks. By eliminating transaction friction, TokenFi aims to create a more seamless and attractive trading experience for both new and existing holders of $TOKEN. Lowering these barriers could help unlock broader utility for $TOKEN across decentralized exchanges and improve liquidity, making it easier for investors and traders to engage with the token. With no buy/sell tax in place, TokenFi hopes to encourage more participation in its ecosystem, both from users who wish to create tokens and from those looking to tokenize real-world assets. The decision to eliminate the 0.3% buy/sell tax is expected to drive greater liquidity across decentralized exchanges. TokenFi has already taken steps to ensure that its platform is connected to exchanges and market makers, which will help improve liquidity and market efficiency. Aiming for Broad Utility and Increased Adoption TokenFi, part of the Floki ecosystem, is designed to offer users a no-code, all-in-one platform to create tokens and tokenize real-world assets (RWAs) easily. This approach lets users who may lack coding expertise to engage with the rapidly expanding world of tokenization. The removal of the buy/sell tax is part of TokenFiās larger strategy to position its native token, $TOKEN, as a key utility and governance asset across decentralized finance (DeFi) platforms. Simplifying the trading process for $TOKEN could pave the way for its broader use in decentralized applications, increasing its value and utility over time. TokenFiās long-term vision is tied to the growing asset tokenization market. Industry experts predict that tokenization could become a $16 trillion industry by 2030, and TokenFi is positioning itself to capture a significant portion of this market.Ā TokenFiās platform enables users to tokenize both digital and real-world assets with ease, making it an essential tool for those looking to tap into the benefits of blockchain technology and tokenization. By simplifying the tokenization process, TokenFi aims to provide an efficient way for businesses and investors to bring assets on-chain without needing complex coding knowledge.Ā TokenFi has launched on several prominent networks, including Ethereum, BNB Chain, opBNB, Base, and Arbitrum.Ā The platformās utility token, $TOKEN, plays a central role in powering TokenFiās ecosystem. This token is used to facilitate the platformās various tools and services, such as the TokenFi Launchpad, the AI Smart Contract Auditor, and the RWA Module.Ā With plans for additional products and services, the platform aims to expand its ecosystem and increase the adoption of $TOKEN across DeFi platforms.Ā $FLOKI
Trust the Cycleā ā Pro Says Dogecoin Price Could Suddenly Hit $1
Explore why the Dogecoin price may surge to $1, according to one crypto analyst who cited a falling wedge pattern on the weekly chart. Dogecoin price has tanked this year, coinciding with the recent crypto sell-off. This crash has erased billions of dollars in value. Still, one crypto analyst believes that it is just a matter of time until the DOGE price recovers, and potentially hits the psychological point at $1. Crypto Pro Predicts Dogecoin Price Will Hit $1Ā A popular crypto expert has come out with a bullish DOGE price prediction even as it deviates further from its 2024 highs. The analyst used a weekly chart to identify chart patterns he believes will drive the upcoming bull run. As shown below, he noted that the Dogecoin price has been forming a falling wedge pattern on the weekly chart. The upper side of this wedge links the highest swings since December, while its lower side connects the lower lows since Dec. 19. This pattern often leads to a strong bullish breakout when the two lines are nearing their confluence level.Ā The analyst also pointed out that DOGE formed a similar pattern between March and November last year, culminating in a strong bull run to a high of $0.45. In this case, Dogecoin has formed a falling wedge and retested the important support at $0.2280, the highest swing in March last year. A break and retest pattern signals a potential continuation.Ā The pro now expects that the coin will initially jump to $0.50. After that, he expects it to surge to $1. Such a move would be a 400% surge from the current level. It would also push its market cap to $140 billion.Ā A 400% surge is possible in the crypto market. For example, Dogecoin jumped by 720% from its 2023 lows to the highest swing in 2024. It can also jump by 285% to get to its all-time high of $0.7370. After that, it will need to soar by just 0.35% to hit $1. The bullish DOGE outlook will be canceled if the coin crashes below the ascending trendline that links the lowest levels since June 2023. Potential Catalysts to Push DOGE Price to $1 Dogecoin price has numerous catalysts that may push it to $1. First, the upcoming reciprocal tariffs may sink the US into a recession, leading to Fed interventions like rate cuts and quantitative easing. These actions may lead to a new crypto bull run. Second, Polymarket users believe that the SEC will approve a DOGE ETF. Thatās because Dogecoin is similar to Bitcoin in that it is a proof-of-work coin that the SEC does not consider a security. Such an ETF will lead to more demand from Wall Street investors.Ā Further, Dogecoin may benefit from the creation of crypto reserves since it is a candidate for inclusion. Finally, DOGE is one of the top blue-chip meme coins, meaning that it may see traction as investors rotate from risky Solana meme coins.$DOGE
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Dogecoin Consolidation Suggests Uptrend Could Continue, But Thereās A Threat
Dogecoin (DOGE) is in a consolidation phaseafter experiencing a strong downtrend, indicating that the cryptocurrency is at a critical juncture. A crypto expertās technical analysis suggests that while Dogecoinās recent uptrend could continue, traders should remain cautious due to the threat of a false breakout. Dogecoin Price Rally Or False Breakout?Ā According to TradingView crypto analyst, āEliteFxAcademy_CRYPTO,ā the Dogecoin price is currently consolidating between key zones, indicating that a potential breakout may be on the horizon. After witnessing a severe price decline, Dogecoin has been trading within a defined range on the 4-hour chart, with support levels around $0.158 ā $0.165 situated around the lower zones to prevent further breakdowns.Ā The analysis revealed that Dogecoinās downturn has transformed into a consolidation phase, where the cryptocurrency is stabilizing and possibly preparing for another leg up. Additionally, the TradingView expert shared critical resistance areas between $0.175 and $0.18, found in the upper zones, that serve as a barrier to limit stronger upward movement. Until Dogecoin can break out of its resistance zone, its price is expected to remain range-bound. The analyst predicts that a break above resistance zones could potentially signal further growth in the meme coinās price. Conversely, a drop below key support levels may fuel additional declines in Dogecoinās already low price. Historically, a prolonged consolidation in a cryptocurrency often precedes a strong rebound to the upside. If Dogecoin manages to surpass resistance levels, its price consolidation may end, signaling the continuation of its previous uptrend. This trend reversal is expected to push the cryptocurrencyās price toward the $0.19 -$0.2 target and above.Ā While this bullish outlook could yield a decisively strong move from Dogecoinās current lows, the TradingView analyst warns of the possibility of a false breakout. This is a scenario where the price of a cryptocurrency momentarily breaches the resistance or support level before swiftly reversing. Since Dogecoin has tested these zones multiple times, the crypto expert has cautioned traders to look out for confirmation signals such as substantial volume or sustained price action beyond the range. In an alternatively bearish scenario, the TradingView expert has predicted that Dogecoin could decline as low as $0.15 if it experiences a stronger decline below its support range. This would represent an 11.24% decline from recent lows. Whatās Next For Dogecoin?Ā The Dogecoin price is currently trading at $0.169 after recording a decline of over 40% in the past month. While this downturn has shaken the market, crypto analyst Ali Martinez shares a bullish outlook for Dogecoin, predicting that the cryptocurrency is gearing up for a 16% price swing soon.Ā The analystās optimistic forecast is contingent on Dogecoinās ability to break out of its current Ascending Triangle chart pattern. If the cryptocurrency can reclaim the ascending trendline and bounce back above $0.19, it could push toward resistance and attempt a breakout.Ā Conversely, the chart highlights a critical zone where the Dogecoin price is dropping below the trendline, suggesting a possible bearish breakdown toward the $0.16 ā $0.158 support zone. $DOGE
SHIB Burns Record Mysterious 771,019% Surge ā What's Happening?
SHIB community has witnessed mind-blowing six-digit burn rate increase Data shared by the prominent Shibburn tracker in a recent tweet shows that the burn rate metric has surged enormously, stunning the SHIB community with a six-digit increase. Still, the SHIB batch that has been burned this time is rather small and hardly matches the mammoth increase shown above. SHIB burns jump 771,019%Ā The aforementioned data tracker revealed a stunning 771,019% jump in the number of SHIB meme coins burned over the last 24 hours. The number of meme coins that were destroyed as a result of this staggering surge amounts to 18,684,231 SHIB. So far, the largest burn transaction out of the four has recorded 16,035,545 SHIB, gone to an unspendable wallet. It was followed by the removal of 1,070,154 SHIB from the circulation supply. Still, both the tweet and the Shibburn website show a 771,019% rise, which just might mean that a large burn transaction has taken place, but it has not been recorded on the website on the burn transfer list yet. It could be that another several tens of millions of meme coins have been scorched, but the community is not aware of it yet. In the meantime, the weekly burn statistics show that, over the past week, the community has managed to dispose of 74,896,709 SHIB meme coins, seeing the burn rate drop by 86.04%. SHIB executive teases key feature of upcoming Shibarium L3 Meanwhile, the SHIB team has been working on the Shibarium layer-3 solution for more than a year now. This week, several X posts from the SHIB team have teased this upcoming upgrade, lifting the veil of secrecy as to what this layer 3 is going to be like and what its main feature will be. The official marketing lead of the SHIB team, known to the community as Lucie, has published a tweet today, talking about this approaching next step for Shibarium and its army of users. According to Lucie, the layer 3 of Shibarium will be focused on privacy, keeping user data entirely encrypted, āeven while apps are using it.ā She stated clearly that developers, the network or the authorities would be unable to see user data unless users themselves choose to share it. This will be possible thanks to Fully Homomorphic Encryption (FHE) rollups provided by Shiba Inu partner Zama.
According to Lucie, the layer 3 of Shibarium will be focused on privacy, keeping user data entirely encrypted, āeven while apps are using it.ā She stated clearly that developers, the network or the authorities would be unable to see user data unless users themselves choose to share it. This will be possible thanks to Fully Homomorphic Encryption (FHE) rollups provided by Shiba Inu partner Zama. This marks significant step forward for cryptocurrency acceptance $SHIB
Binance Unleashes Vote to Delist With Community PowerāWhich Tokens Are at Risk?
Binance launched its first āVote to Delistā campaign, letting users influence token removals as it shifts from internal-only decisions to community-driven governance on listings. Token Elimination Begins: Binance Empowers Users With Vote to Delist Feature Crypto exchange Binance took another step in its community governance roadmap by activating its first-ever āVote to Delistā campaign on March 21, hosted through its Binance Square platform. This development follows the recent rollout of its āVote to Listā initiative, both part of an expanding effort to include users in listing-related decisions. These mechanisms mark a shift in Binanceās approach, which previously relied solely on internal assessments. The delisting vote targets tokens labeled with a Monitoring Tagāan indicator that an asset may not meet Binanceās standards. Binance explained: When a coin or token no longer meets these standards or the industry landscape changes, Binance conducts a more in-depth review and may apply the Monitoring Tag to indicate the potential of delisting it. The launch of āVote to Delistā mirrors the structure of the recently introduced āVote to List,ā but focuses on potential removals. The voting process opened at 6:30 a.m. UTC on March 21 and will continue through 11:59 p.m. UTC on March 27. Binance invited users to join in determining which Monitoring Tag tokens they believe should be removed from the platform: Moving forward, Binance will trial the new delisting mechanism with a community-driven approach. We now invite users to participate and vote on the first batch of Vote to Delist projects under the official post on Binance Square Official. While voting results will be shared in real time, they are not binding, as final decisions remain subject to Binanceās internal review protocols. Users must hold at least 0.01 BNB in their verified accounts to be eligible to vote. āEach user can vote for up to 5 projects in the Vote to Delist pool during the Voting Period, and each verified account can only allocate one vote per project,ā Binance stated. Votes that violate terms or come from restricted countriesāincluding the United States, Germany, Singapore, and othersāwill be excluded. Binance reiterated that it reserves the right to interpret or change the programās conditions and stressed that tampering or misuse will result in disqualification. $BNB
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this weekās edition, dollar scarcity is pushing Bolivia to pay for energy imports with crypto, Brazil is prioritizing the implementation of a crypto payment system for BRICS, and the Libra case is advancing in Argentina. Dollar-Strapped Bolivia to Rely on Cryptocurrency for Energy Imports Crypto is becoming relevant for the operation of the supply chain in several countries around the world. According to a spokesperson of YPFB, the largest state-owned energy company in Bolivia, the company is prepared to rely on cryptocurrency payments to bring fuel and other energy imports to the country. YPFB has already designed a system capable of accounting for payments made in crypto due to the scarcity of dollars and dollar-denominated assets that Bolivia has been facing for some time. The spokesperson, who stated that the system was put in place to support the national subsidy policy for fuel purchases, stated: Brazil to Push Cryptocurrency as a Priority for International BRICS Trade The agenda of Brazil as president of the BRICS bloc will feature an unlikely topic: crypto. Brazilian authorities are preparing to introduce proposals for the organization to consider cryptocurrency as a solution for international settlements both inside and outside the bloc. Local journal āO Globoā noted that this topic would be a priority as Brazil is now the President of BRICS, taking the mantle from Russia. The proposal would support the need to expedite financial transactions among group members, and reduce the dependence on foreign currencies like the U.S. dollar. While the idea of a BRICS common currency was floated before, with economists like Jim Rickards predicting it would leverage gold to undermine the dollar, this has not been suggested. Instead, BRICS is focusing on designing an efficient payment system to make use of digital national currencies or even stablecoins, which are already being used in international settlements, though informally. $BTC
Argentina Strengthens Regulatory Requirements for VASPs
The CNV, Argentinaās securities regulator, has issued a new framework for VASP operations in the country, introducing prerequisites such as customer-exchange asset segregation and establishing new funds and security requirement. Argentina Issues New Rules for VASP Operations Argentina is catching up with other countries regarding its virtual asset service provider (VASP) regulatory requirements. On March 13, the Argentine securities regulator CNV published resolution 1058, which establishes a new set of compliance rules to allow the operation of VASPs in the country. The document comes as a follow-up to the approval of Law 27.739, which determined CNV as the organization in charge of VASP oversight. The resolution establishes a more detailed set of compliance requirements for crypto companies, including the need for more extensive documentation and security plans, as well as establishing fund reserve levels for each class of VASP. Additionally, VASPs must now disclose the risks associated with their operations to their users to enhance user awareness and protection The document also changes the current AML/TF policies to be more specific and aligned with the current requirements of the Financial Action Task Force (FATF). One of the most relevant new features of the resolution lies in the proposed customer-exchange asset segregation, meaning that customer funds must be separated from exchange funds, seeking to protect customers from an FTX-like situation. This same requirement was considered for inclusion during Brazilās crypto law discussion, but it failed to pass as lawmakers discussed that it might stifle innovation. The cryptocurrency industry helped design this document, as the CNV consulted several relevant actors in the cryptocurrency market to finalize these norms. Roberto Silva, President of the CNV, stated they āworked hard on this regulation with the goal of making it effective and complying with the law, maintaining a balance so as not to overregulate or impose unnecessary costs on the industry, promoting innovation.ā Nonetheless, local crypto insiders complained about the void regarding the crypto tax issues in the document, as digital assets are treated unfairly compared to other traditional investments. The law will come into force on December 31, 2025, and VASPs will have to adapt to this new regulation. $BTC
Economist Peter Schiff Urged to Invest in Shiba Inu After Missing Bitcoin Opportunity
Shiba Inu community figure Lola challenges economist Peter Schiff to invest in SHIB after he missed the Bitcoin boom. Recently, Schiff, a renowned Bitcoin critic, reiteratedhis stance on gold as a safe-haven investment. He expressed that the current strength of technology stocks and cryptocurrencies is diminishing interest in gold mining stocks. Meanwhile, he noted that rising concerns over inflation and increasing bond yields are dampening the appeal of riskier assets. According to Schiff, this scenario will likely prompt investors to shift their focus toward gold as a safer investment. He suggests that stagflation, characterized by stagnant economic growth and rising inflation, could negatively impact technology stocks but be favorable for gold. Schiffās comments have sparked reactions from crypto enthusiasts, including prominent Shiba Inu community figure Lola, who leveraged the opportunity to invite Schiff to the SHIB Army. Peter Schiff Urged to Buy Shiba Inu After Missing Bitcoin Lola humorously suggested that Schiff still has time to invest in Shiba Inu, noting that while he missed the opportunity with Bitcoin, he could still buy SHIB and potentially benefit later. āYou missed BTC, but you have time to get Shiba Inu. Youāll be laughing with us later,ā Lola remarked. Gold Not Used for Day-to-Day Transactions Furthermore, the Shiba Inu community figure emphasized the practicality of crypto assets like SHIB compared to gold. She noted that using a block of gold to buy groceries, like milk, is impractical, whereas SHIB is tenable in certain areas. Lolaās response aimed to highlight the usability of digital assets compared to traditional commodities like gold. She explained that while gold has served as a store of value for centuries, its practical application in everyday transactions is limited. Accordingly, she suggested that cryptocurrencies hold more value in todayās digital economy due to their usability and potential to generate greater value. Community Reacts The clash between Lola and Schiff sparked further engagement, with other commentators weighing in on the debate between gold and digital currencies. One user noted that Bitcoin had outperformed traditional assets during previous inflationary periods, challenging the notion that gold would be the ultimate safe haven in a turbulent economy.Ā Jim, another commenter, stressed that while gold has historically been a hedge, the financial landscape has evolved, and cryptocurrencies are emerging as viable alternatives. He acknowledged goldās longstanding role in the financial system but suggested that the future might favor digital currencies, especially those built on proof-of-work models. Schiffās Continued Criticism of Bitcoin Peter Schiff has long expressed skepticism about Bitcoin, often drawing comparisons to precious metals like gold and silver. In a recent post, Schiff contrasted Bitcoinās sideways trading near the $58,000 mark with silverās surge above $31, using it as an example of Bitcoinās perceived limitations.Ā Schiff maintained that Bitcoin is neither digital gold nor digital silver, stressing that goldās continued rise solidified its position as a reliable store of value. $SHIB #DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #OMC
With a gradual recovery, Dogecoin at $0.10 crossroads finds an upside target at $0.1180. Will DOGE buyers hit the target this quarter? The Dogecoin price in the 4-hour chart reveals a pullback trend struggling to bounce back. The underlying sentiments tease a bullish run as DOGE resurfaces above $0.10.Ā Will the meme coin reclaim the $0.12 with an 18% jump as the technical indicators fire off the bullish engine?Ā Dogecoin At $0.10 Crossroads In the 4-hour chart, following the massive correction in late July and early August, the meme coin finds solid support at $0.084. With a quick V-shaped reversal turning into a consolidation range, Dogecoin is stuck between the 23.60% and 50% Fibonacci levels at $0.097 and $0.111, respectively. The consolidation range continued for the entire August month, with a failed bullish breakout rally attempt. Following the failed attempt, the Dogecoin negative cycle retested the 23.60% Fibonacci level after breaking below the 38.20% level at $0.10. The meme coin struggles to gain traction despite reclaiming $0.10. Over the past three days, it has increased by 5.53% but has yet to reach the 38.20% Fibonacci level at $0.10528. The MACD indicator shows a bullish crossover as the recovery run gains momentum. Meanwhile, the 4-hour RSI line shows a bullish divergence. Hence, the momentum indicators support the chances of an uptrend continuation. The on-chain indicators over IntoTheBlock give a mostly bullish signal for Dogecoin. While 70% of holders make money at the current price, the holderās composition by time held hits 67% for more than one year. The on-chain signals, like the large transactions increasing by 2.43%, give a BUY signal. Meanwhile, the bid-to-ask volume imbalance has also increased by 2.28%. Furthermore, the global in and out of the money indicator showcases that 42.54% of Dogecoin volume is in the money. However, 49.44% is out of the money, with 8% at the money ranging from $0.096 to $0.1043. Will DOGE Hit $0.12? As Elon Musk wins the Dogecoin Pyramid Scheme lawsuit of pumping the meme coin, the DOGE price finds a supporting tailwind. With an intraday gain of 1.72%, the meme coin teases an uptrend continuation. With the 38.20% Fibonacci level breakout, Dogecoin could again face incoming supply pressure at $0.111 or $0.1180, a 15% upside. Conversely, Dogecoin has two additional supports below the $0.097 support level at $0.090 and $0.084. $DOGE #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #Write2Earn!
Husky Inu and Mpeppe Are The Hottest ICO Right Now
Crypto investors are constantly on the hunt for the next big thing. The latest buzz surrounds two promising ICOs: Husky Inu (HINU) and Mpeppe (MPEPE). These two tokens have captured the attention of the crypto community, and for good reason. Both Husky Inu and Mpeppe (MPEPE) are not only gaining traction rapidly but are also offering early investors a unique opportunity to get in on the ground floor of what could be the next major memecoin sensations. Husky Inu (HINU): A Rising Star in the Solana Ecosystem Husky Inu (HINU) is quickly making a name for itself as one of the most exciting new memecoins on the Solana blockchain. Often affectionately referred to as Shiba Inuās new best friend, Husky Inu (HINU) is more than just another memecoin; itās a project with a mission to bring real utility and value to its community. By leveraging the fast and scalable Solana network, Husky Inu (HINU) is positioning itself as a top contender in the highly competitive memecoin market. The presale for HINU tokens has been nothing short of phenomenal. In a matter of days, Husky Inu (HINU) sold out its first presale stage, raising over $376,000, with the second stage selling out just as quickly. This rapid success speaks volumes about the growing interest and confidence in the project. Husky Inu (HINU)ās roadmap includes the launch of an Earn App, which will reward users with HINU tokens for engaging with the project by performing simple tasks such as liking, reposting, and sharing content. Additionally, Husky Inu (HINU) plans to launch its own Decentralized Exchange (DEX), which will further enhance the utility and value of the HINU token. Key features driving Husky Inuās popularity include: Capped Token Supply: With a total supply of 100 billion HINU tokens, scarcity is built into the project, ensuring long-term value retention.Deflationary Mechanism: Husky Inu (HINU) will burn 50% of all platform fees from its exchange and DEX, gradually reducing the circulating supply of HINU tokens over time.Charity Voting: 5% of the total HINU token supply is allocated for community rewards and charitable donations, allowing users to vote on which causes receive support.Speedy Transactions: Leveraging the Solana blockchain, Husky Inu (HINU) offers quick and low-cost transactions, making it an attractive option for traders. As the presale progresses, Husky Inu (HINU) is selling out at lightning speed, and the opportunity to buy HINU tokens at the modest price of $0.00012500 is quickly diminishing. Early investors are encouraged to act fast to secure their stake in what could become the next big memecoin. Mpeppe (MPEPE): The Meme Powerhouse While Husky Inu (HINU) is making waves in the Solana ecosystem, Mpeppe (MPEPE) is carving out its own niche as a powerhouse in the memecoin world. MPEPE, which has already completed over 80% of its Stage 3 presale, is rapidly gaining popularity due to its strong community support and viral marketing strategies. The Mpeppe (MPEPE) token is priced attractively at $0.001777, and with the presale nearing completion, early investors have a limited window to take advantage of this low entry price. Mpeppe (MPEPE)ās appeal lies in its potential for exponential growth, similar to the meteoric rise of other successful memecoins. Mpeppe (MPEPE) has garnered attention from various corners of the crypto community, with investors drawn to its promise of high returns. The projectās community-driven approach and innovative features make it a strong contender in the crowded memecoin market. A Winning Combination Husky Inu (HINU) and Mpeppe (MPEPE) represent two of the hottest ICOs in the crypto space right now. Both projects offer unique value propositions and have the potential to deliver significant returns for early investors. Whether youāre drawn to the speed and scalability of Husky Inu (HINU) on the Solana blockchain or the viral appeal of Mpeppe (MPEPE), these two tokens are worth keeping an eye on. As the memecoin market continues to evolve, Husky Inu (HINU) and Mpeppe (MPEPE) are positioned to be key players in the next wave of cryptocurrency growth. For investors looking to diversify their portfolios with high-potential projects, these two tokens offer an exciting opportunity to get in early on what could be the next big thing in crypto.$PEPE #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #Write2Earn!
Russiaās central bank set to legalize crypto for qualified investors
The Bank of Russia appears to be moving forward with plans to test cross-border crypto deals for qualified investors. Russiaās central bank, the Bank of Russia, is considering amending the law to introduce a new category of āparticularly qualified investors,ā which would allow these individuals to trade crypto as the country explores the use of cryptocurrencies for cross-border transactions. In an interview published Monday, Aug. 26, in the Russian newspaper Izvestia, Alexey Guznov, the Bank of Russiaās state secretary and deputy governor, indicated a possible shift in the nationās stance on cryptocurrencies. Guznov disclosed that the central bank is contemplating the possibility of permitting a limited group of specially qualified investors to participate in buying and selling cryptocurrencies. āThere is currently a discussion about allowing a limited group of particularly qualified investors to trade digital currencies, enabling them to buy and sell such assets. However, this is a topic for the next stage. In the meantime, all potential risks need to be thoroughly analyzed.ā Alexey Guznov, Bank of Russiaās state secretary and deputy governor Currently, there is no legal framework defining these investors, but the central bank is reportedly considering legislative changes to establish this new category. The central bank is also showing openness to the use of stablecoins for international trade, provided they meet certain criteria. According to Guznov, if a stablecoin is backed by an obligated party and resembles digital financial assets ā centralized, tokenized assets issued in Russia ā then it can already be used for cross-border settlements under current laws. However, algorithmically managed stablecoins without a backing entity would be treated as cryptocurrencies and would require an experimental regime for cross-border use, he added. Guznovās remarks come shortly after reports surfaced saying that Russia is considering the establishment of at least two domestic crypto exchanges, potentially utilizing the infrastructure of traditional stock exchanges in Moscow and Saint Petersburg. The primary objective of these exchanges, however, is not to facilitate crypto trading but to develop stablecoins, including those pegged to the Chinese yuan and a basket of BRICS currencies. $BTC #RussiaCrypto #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #Write2Earn!
Shiba Inu 1.28 Trillion in 24 Hours: SHIB Is Back?
Shiba Inu is making a significant comeback. SHIB whales, who usually set the direction of the market, have transacted over 1 trillion SHIB in total over the last 24 hours. Significant SHIB holders have been more active lately, which suggests that interest in the token may be reviving and that its value may rise. The data shown on-chain is encouraging. There has also been a noticeable rise in the quantity of large SHIB transactions: In the last 24 hours alone, 56 transactions were recorded. Compared to the seven-day low of only six transactions, there has been a significant increase, which may indicate that large holders are starting to participate again. Because whales' actions usually affect the mood of the market as a whole, this kind of movement frequently precedes price changes. Moreover, the amount of SHIB exchanged in these transactions is remarkable. It was evident that the market had already been heating up when it reached its seven-day high of 2.12 trillion SHIB on Aug. 21, 2024. Whales may be positioning themselves for a potential increase in the price of SHIB as indicated by the large volumes that are being transacted. SHIB is presently trading at $0.000015, according to an analysis of market data, and its price is beginning to stabilize following a protracted decline. With regard to initiating a new upward trend, SHIB has been trying to break above its resistance levels in the most recent price action, especially around the $0.00001554 mark. Increased whale activity along with the current price dynamics point to a potential recovery for SHIB. The market is still unstable, so it is not a guarantee of a proper recovery, more of an additional supportive signal of the potentially upcoming performance of SHIB.$SHIB #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #Write2Earn!
In Brief Floki Inu price accompanied Bitcoin in recovery and performed better.FLOKI experienced a nearly 52% increase compared to Bitcoin's 31% rise.Potential 20% increase for FLOKI was noted at the time of writing.Floki Inu (FLOKI) price today accompanied Bitcoin in recovery and performed better than BTC. FLOKI experienced a nearly 52% increase compared to Bitcoinās (BTC) 31% rise after the incredible drop on August 5. Additionally, the 1-day charts for FLOKI also indicated an upward trend. This upward trend could pave the way for the meme coin to return to price levels before the price drops started at the end of July. As of the time of writing, there was a potential 20% increase for FLOKI.Will FLOKI Rise?Looking at the price movement on the daily chart, it was seen that FLOKI started an upward movement with the break of $0.00014. During this process, it can also be seen that FLOKI tested the $0.000138 region, which could trigger a movement to the next target resistance region of $0.000176. Despite the MACD indicator remaining below zero, FLOKIās upward trend was reflected in the charts, and the downward momentum quickly disappeared. At the same time, the OBV, an important indicator, continued to rise throughout the past week but still did not approach the peak performance seen in July. The current situation reflects that FLOKI may have broken the downtrend in the daily timeframe but ultimately shows that it was forced to fall. The latest example of this situation dates back to July 21, when a local resistance region was breached but the bulls could not defend this region. FLOKI Comments The cumulative liquidity levels delta reflected a significant difference between the liquidation levels of long and short positions in recent days, indicating a heavily positive outlook. The existing upward expectation in FLOKI could trigger a long squeeze, which could have a downward effect on the market, but this is not certain. Despite this, the liquidation heat map for FLOKI also provided other views indicating downward expectations. The liquidation level at $0.00015 indicated a key liquidity region in the upper area, and this region was seen to have disappeared in the last 24 hours. Given the existence of liquidation levels at higher levels, investors might benefit from being cautious against a short-term decline. A drop below $0.000128 could lead to a visit to the next target of $0.0001.$FLOKI $BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #Write2Earn!
Trump promotes family crypto project āThe Defiant Onesā on Truth Social
Former President Donald Trump has seemingly put his weight behind his familyās crypto project, the Defiant Ones. In an Aug. 22 post on Truth Social, Trump endorsed the decentralized finance project, saying; āFor too long, the average American has been squeezed by the big banks and financial elites. Itās time we take a standātogether.ā Itās worth noting that Trump met with leaders of the largest financial firms in the U.S., promising tax cuts and deregulation in exchange for their support ahead of the 2024 presidential election. Among the names he spokewith this summer include JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser and Bank of America CEO Brian Moynihan. This marks the first time Trump has publicly endorsed the still-inactive crypto project on his personal account.Ā Up until now, his sons ā Eric Trump and Donald Trump Jr. ā have been promoting the mysterious project over the last few weeks. In a past interview with The New York Post, Eric described the project as ādigital real estate,ā highlighting its potential to shake up the financial sector by providing equitable and instant access to collateral. Itās equitable. Itās collateral anyone can get access to and do so instantly. I donāt know if people realize what a shakeup that is for the world of banking and finance.Eric Trump, speaking about the Defiant Ones Most of the Trump brothersā posts have broadly hinted at the projectās goal of building āthe future of finance,ā but have provided no specifics on its functionality. This has left followers curious about whether it would involve a decentralized autonomous organization, a new cryptocurrency, trading market, or something else entirely. To cut down on the speculation, Trump Jr. recently directed people to a Telegram channel called the Defiant Ones, stating it would be the official source of information about the mysterious project. The channel currently has almost 40,000 members, and recently gave away premium Telegram subscriptions to 10 of them. The project seems like the culmination of Trumpās newfound support for crypto. While he referred to the industry as a āscamā in the past, he has since reinvented himself as a pro-crypto stalwart, earning support from the industry in the process. In July, the former president headlined the Bitcoin 2024 conference in Nashville, Tennessee, where he outlined a series of crypto-friendly proposals, including setting up a national Bitcoin reserve if elected. After The Defiant Ones was unveiled, numerous critics on X.com almost immediately called it another āgrift.ā At least six of Trumpās companies have gone bankrupt. The now-defunct Trump University, launched in 2005, was shut down for fraud. Trump has since resorted to selling sneakers, bibles, and non-fungible tokens, or NFTs.$BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!
Bitcoin vs Gold: Why Woo Believes BTC Will Outshine Gold by 2030
Which is the best investment option Bitcoin or Gold? Every investor, especially the one who is living with a special love for cryptos, may have come across this question at least once in his/her investment career. Though not many crypto enthusiasts have a confusion regarding the same, the general public normally prefers Gold over Bitcoin, claiming that no asset is as stable as gold ā especially when there is uncertainty in the global market. Recently, a crypto enthusiast, identified as Willy Woo, in his X handle, presented some bold arguments capable of challenging the pro-Gold thinking. Eager to know What those were. Then, Dive in to learn.Ā Ā Ā The soul of his argument was his prediction that the production of Gold would increase significantly in the 2030s. The Gold Production Data, published in Our World in Data, supports his argument. The data shows the commencement of a sharp upward momentum in 1850. In 1976, the production was 668 tons. By 1971, it reached 1,603 tons. Post the disintegration of the USSR, in 1992, it hit around 2,241 tons. In 2015, it was nearly 3,100 tons. Woo opined that rising demand for Gold was the reason that motivated gold miners to increase its production. Additionally, he presented the recent technological advancements made in the gold production process as the factors that helped miners to respond promptly to the market expectation. When the price of gold increases, it becomes more profitable for gold miners to extract more gold from the earth. Woo supported Bitcoin over Gold, as an investment option. He justified his support for Bitcoin pointing to the inelasticity of Bitcoin. Unlike Gold, Bitcoin does not follow the general supply and demand theory. Bitcoin has a fixed supply cap or a predefined supply cap. The supply of BTC is controlled by its underlying code. It is its code that decides how new Bitcoins are created. And, the number of new BTCs produced is reduced to half every four years. Not a single Bictoin can be produced once the 21 million market cap is reached. In conclusion, Woo strongly appealed for Bitcoin, exposing the possible reduction of the value of gold due to the continuing, as well as unchecked, rise of its production supported by production technology advancements. Wooās arguments may encourage traditional gold investors to relook their present investment strategy.$BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #Write2Earn!
Sundog Meme Coin on Tron Surges 300% to $0.24: Is This Just the Beginning?
Since its launch on August 15, Sundog has skyrocketed by 300% in just seven days, now trading at $0.24. The coinās market cap has climbed to $131 million, with a recent high of $325 million, propelled by a whaleās massive $450,000 investment. Whatās Driving Sundogās Incredible Surge? Sundogās rapid ascent is closely linked to the launch of Justin Sunās SunPump, a new token generator and āfirst meme fair launch platform.ā Designed as a direct competitor to Solanaās Pump.Fun, SunPump aims to attract meme coin enthusiasts to the Tron blockchain by offering a safe and supportive environment for new token launches. Sunās platform has garnered significant attention, with over 11,000 tokens already created on SunPump. The platform is backed by a $10 million allocation from Sunās Meme Ecosystem Boost Incentive Program, which is designed to support emerging tokens and prevent rug pullsāa common concern in the meme coin space. Could Sundog Be the Next Big Thing? Sundogās performance has drawn comparisons to Dogwifhat (WIF), Solanaās prominent meme coin, due to its quick rise in popularity and strong community backing. While itās too early to predict if Sundog will reach similar heights, the coinās recent surge and Sunās aggressive promotion strategy suggest that itās one to watch. Tron is currently outperforming other blockchains in revenue, generating $1.06 million in the past 24 hours, according to DeFiLlama. As liquidity continues to flow into Tron, the network could see further growth in the meme coin space. Whatās Next for Sundog and Tron? While Sundogās current trajectory is promising, its long-term success will depend on sustained community engagement and continued development on the SunPump platform. With strong backing from Justin Sun and a growing ecosystem, Sundog could potentially establish itself as a leading meme coin on the Tron network. What are your thoughts on this story? Share your opinions in the comments section below $TRX #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!
Powellās āTime has comeā speech ā Good news for Bitcoin, altcoin investors?
Jerome Powell spoke about rate cuts as short-term Fed liquidity weakenedBitcoin and the broader crypto market have been showing signs of bullish sentiment Jerome Powellās recent statement has set the stage for significant shifts in the cryptocurrency market. Powellās indication that āThe time has come for policy to adjustā suggests that U.S rate cuts are on the horizon. This move, combined with strong global liquidity, is expected to weaken the U.S Dollar (USD) significantly. As the USD weakens, Bitcoin (BTC) and other cryptocurrencies may be poised for significant gains. In the short term, the Federal Reserveās liquidity outlook remains weak though, a continuation of the medium-term downtrend that began back in April. This trend suggests that Fed liquidity could hit a new ālower lowā by the end of September, potentially reaching its lowest level since March 2023. As liquidity fades and rate cuts loom, Bitcoinās pairing with USD becomes increasingly advantageous. Particularly as Bitcoin prepares to close its seventh consecutive monthly candle above its 2021 all-time high. The longer Bitcoinās price consolidates above this level, the stronger the support, setting the stage for a potential breakout in September when the Fed begins its rate cuts. Bitcoinās profitable days Bitcoin has historically been a strong performer, with over 96% of its history showing profitability for holders. This historical trend, coupled with the imminent weakening of the USD, makes a compelling case for a hike in Bitcoinās price. The Altcoin Speculation Index However, Bitcoin wonāt be the only beneficiary of the Fedās actions. The entire crypto market, including major altcoins like Ethereum, BNB, Solana and XRP, is likely to see a boost. At press time, the Altcoin Speculation Index, which is at its lowest point since July 2023, indicated that altcoin prices may have bottomed out. Simply put, this index may be signalling an opportunity for growth as USD weakens. Crypto market RSI heatmap Here, itās worth mentioning that the broader crypto market is also showing signs of recovery. The Crypto Market RSI Heatmap recently flipped from oversold to neutral, suggesting that the market may be poised for a rebound. Daily RSI levels have crossed the 50-level too, indicating healthy momentum with room for further gains before reaching overbought territory. As the Fed moves towards rate cuts and global liquidity strengthens, the stage is set for Bitcoin and the broader crypto market to rise. This will offer potential gains for investors across the board.$BTC $USDC #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves
Nigerian Central Bank Affiliate Partners With Blockchain Startup Zone to Boost Payments
The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to improve its payment services. NIBSS will use Zoneās blockchain technology to streamline its Payment Terminal Service Aggregation (PTSA) operations. Both NIBSS and Zone believe that blockchain technology can revolutionize the financial sector and enhance regulatory oversight. NIBSS Enhances Payment System with Blockchain Technology The Nigeria Inter-Bank Settlement System (NIBSS) has joined a decentralized payment network operated by Zone, a payment infrastructure company. The partnership will see NIBSS leverage Zoneās blockchain network to enhance its Payment Terminal Service Aggregation (PTSA) operations. According to a statement, this collaboration ensures the functions of NIBSS, an entity owned by the Central Bank of Nigeria (CBN), comply with Nigeriaās payment standards. By adopting a blockchain-based solution, NIBSS will eliminate the existing central failure point in transaction routing. This will be done without undermining the regulatory monitoring and reporting capabilities required by the CBN guideline on PTA. Commenting on the collaboration announcement, Premier Oiwoh, CEO of NIBSS, said: These partnerships and collaborations with key industry players represent a significant milestone in our mission to drive innovation and enhance the efficiency of the payment system. The strategic alliances will revolutionize the ecosystem, offering improved operational efficiency, cost savings and enhanced financial inclusion, ultimately positioning Nigeria at the forefront of the global payment space. Obi Emetarom, CEO and Co-founder of Zone, described the collaboration as a testament to the transformative power of blockchain technology not just in payments but the financial sector as a whole. He also suggested that the technology can be useful in enhancing regulatory oversight functions while āsimultaneously streamlining operations for service providers.ā As explained in the statement, Zoneās blockchain network enables decentralized routing, which facilitates the direct exchange of financial messages between participating banks without an intermediary. The collaboration not only highlights the potential for blockchain to gain regulator buy-in but also enhance regulatory functions and achieve mainstream adoption on a global scale. What are your thoughts on this story? Share your opinions in the comments section below.$BTC $BONK #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!
Fantom [FTM] reclaims $0.45: Will THIS drive prices to $1?
Fantom has been among the best-performing altcoins in the midweek action. Hereās why it could sustain the momentum Fantom Foundation rebranded to Sonic Labs in May as part of an overhaul aimed at addressing network issues and improving user experience The hype around Fantom is centered on the upcoming launch of its upgraded layer-1 chain, Sonic. The majority of cryptocurrencies were trading in the green on the 22nd of August, notwithstanding a slight retreat from late Wednesdayās prices. Fantom [FTM] has stood out among top gainers alongside Polygon [MATIC], both registering decent gains. Per AMBCryptoās look at TradingView, FTM printed a 15.64% daily green candle on the 21st of August and was on course to complete a minor green candle. Outside the market, Fantom has seen growing interest and user engagement owing to the ongoing rebranding that will eventually culminate in the network transitioning to a new identity. In May, the Fantom Foundation introduced the Sonic Foundation and Sonic Labs as the new entities associated with a new high-throughput chain, Sonic Network. Sonic network narrative Sonic Network will operate as a high-speed layer-1 chain with a native layer-2 bridge connected to Ethereum [ETH], thus unlocking more liquidity. The launch of Sonic is expected to deliver a new phase of growth for the ecosystem, thanks to the networkās greater scalability and faster transaction speeds. Sonic Labs claims the new chain can process over 10,000 transactions per second (TPS), a notable improvement from Opera networkās 2000 TPS. Looking into the networkās milestones This week, Sonic Labs launched the Sonic Boom bounty program on the 20th of August to incentivize developer activity. The program, which represents the first major initiative of Sonicās airdrop, runs until the 4th of November and will reward developers building on the chain with Sonic Gems. Earlier this month, Sonic Labs announced that DeFi veteran Andre Cronje had taken up the Chief Technology Officer role. Cronje will steer the development of Sonic, specifically the native bridging technology, Sonic Gateway. The bridge aims to enhance interoperability across blockchain ecosystems and features a failsafe, enabling users to recover their funds on the chain. Last month, Sonic Labs introduced a gas-free trading program in partnership with Rabby, a wallet for Ethereum and all EVM chains. The program commenced on the 22nd of July and will continue until the 20th of October or if allocated funds are exhausted. Fantom [FTM]: Technical analysis FTM has charted nearly 25% gains in the last seven days. This price uptick has been accompanied by significant daily trading volumes resulting from increased market engagement. CoinMarketCapās data showed that FTMās 24-hour trading volume surpassed $200 million on several instances on the 21st of August. Sonicās upcoming mainnet launch could rekindle on-chain activity and potentially propel prices, positioning FTM as a strong buy. FTM has already seen growing interest in the lead-up to the rollout of the Sonic blockchain later this year. Technical indicators suggested that FTMās near-term and long-term prospects were strong. At press time, FTM was trading between the 50- and 100-day simple moving averages (SMA). The $0.54 mark, which coincides with the 200-day exponential moving average (EMA), poses as the next price target for bulls. Flipping resistance at this level would bring $0.68 and Mayās high of $0.97 in sight. Though Fantom [FTM] has rebounded more than 90% from its August 5 lows of $0.24, it still lags behind Bitcoin [BTC] and other major alts in the market in year-to-date returns. FTM has shrunk 2.40% since the start of this year, under-performing Bitcoin, which was trading 36% higher in the same period. $FTM #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!
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