Crypto News:
-Trump Digital Trading Card launches limited edition “Mugshot” series on Bitcoin
-JPMorgan analysts predict GBTC profit-taking could put further downward pressure on Bitcoin price
-Bitcoin surpasses silver to become the second largest ETF commodity category in the United States
-Dymension announced the DYM economic model: the initial supply is 1 billion, and the inflation rate will be dynamically adjusted based on the pledge rate
-Conflux will launch EVM-compatible Bitcoin Layer 2 solution
- BlackRock Bitcoin Spot ETF assets under management exceed $1 billion
- Monetary Authority of Singapore: Bitcoin spot ETF cannot be listed in Singapore
-Franklin Templeton: Ordinals and L2 of the Bitcoin ecosystem should not be ignored
Dogwifhat (WIF)
Dogwifhat is another popular Solana meme token. Currently, WIF is the second largest meme coin on Solana, behind Bonk. But with WIF's market capitalization nearly half that of Bonk's and bullish momentum building, WIF is poised to outperform Solana's leader.
The item sells for $0.37, rising 13.78% yesterday, 82.15% this week, and 155.25% this month. It has a market capitalization of $428 million, making it the 125th largest cryptocurrency.
Meanwhile, it ranks 47th with a 24-hour trading volume of $148 million. Like Myro, its volume-to-market cap ratio indicates significant interest, strengthening its chances of continuing its upward trend.
Dogwifhat also created a new ATH earlier today, putting it into price discovery mode and opening the door to a potential significant price increase.
One of the main differences between Dogwifhat and Myro is that Dogwifhat is committed to traditional meme coin value. According to its website, Dogwifhat is "really just a dog wearing a hat."
WLD
WLD: In the cryptocurrency market, WLD has achieved remarkable results, with intraday gains of up to 9.60%. Its trading volume reached US$397.05 million, and its market value reached US$329.7 million, accounting for 0.02% of the market share. With the Fear and Greed Index at 71, the market continues to be bullish on the price of WLD. We recommend buying if it returns to around $26 again.
SSV
SSV Network: is a decentralized platform dedicated to secure communication and data sharing. Focus on staking infrastructure to ensure the security of user information. In this bull market, ETH’s prospects have attracted much attention. Whether the market value increases to 10 trillion or 20 trillion, Ethereum will be the focus worthy of attention. $SSV is the leading coin pledged on the Ethereum chain. After the last public suggestion of $1.5 was around $26, it has now skyrocketed to $40, an increase of 45%+. If it returns to around $26 again, buy boldly.
3 major crypto tokens emerging in 2024
1. Retik Finance (RETIK): Pre-sale token poised to rise to the top of the market in 2024
2. Internet Computer (ICP): Revolutionary blockchain reimagines the web
3. Arbitrum (ARB): Ethereum’s second layer expansion power source
Retik Finance (RETIK): Pre-sale token poised to rise to the top of the market in 2024
Currently in its pre-sale phase, Retik Finance (RETIK) has captured the attention of the cryptocurrency community with its ambitious goals and rapid fundraising performance, raising questions about whether it could become a potential “Dogecoin killer.” discuss. More than just a standard decentralized finance (DeFi) protocol, Retik has built a comprehensive ecosystem that includes features such as secure wallets, DeFi debit cards, and payment systems that bridge the gap between cryptocurrencies and traditional finance.
The platform’s success is reflected in its impressive pre-sale performance, raising over $8 million in just one month, demonstrating the high level of investor confidence in it.
Internet Computer (ICP): Revolutionary Blockchain Reimagines the Web
The Internet Computer Protocol (ICP) emerged as a wave of innovation in the cryptocurrency field, redefining the core of the Internet. Unlike traditional blockchains that suffer from scalability issues, ICP proposes a groundbreaking paradigm change powered by advanced cryptography
Notable features of ICP include unlimited scalability through innovative sharding technology, near-instant transaction speeds, and allowing developers to build decentralized web services. This model of change represents a radical reimagining of Internet infrastructure.
Arbitrum (ARB): Ethereum’s second layer scaling powerhouse
Arbitrum (ARB) provides an important solution to the scalability challenges faced by Ethereum, successfully solving the problems of congestion and high gas fees. This second layer (L2) scaling solution uses Optimistic Rollups technology to process off-chain transactions and verify them on the Ethereum blockchain, enabling fast transaction speeds and a throughput of over 10,000 transactions per second . Arbitrum makes DeFi and other applications more accessible thanks to significant gas fee cuts.
Despite being an off-chain transaction, Arbitrum ensures security by settling on the Ethereum mainnet. Its roadmap includes plans to launch a third-layer solution called Orbit, expanded developer language support, and increased network decentralization. As Ethereum continues to grow, Arbitrum emerges as a strong competitor, offering faster and more economical transactions while maintaining Ethereum’s core values. It is positioned to be the platform of choice for DeFi, NFT and innovative applications in the decentralized space.
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