With the upcoming HMSTR launch, I’ve received a flood of questions about its potential price movement. Let’s dive into the numbers to get a better understanding.
Projected Launch Price:
Based on similar tokens in the market, the average market cap falls between $180M and $340M.
Given that there are approximately 58 billion HMSTR tokens in circulation, this suggests an initial launch price range of $0.003 to $0.0047.
Alternative Scenario:
If HMSTR matches the strong market cap seen by assets like DOGE, reaching $580M, we could see a higher launch price in the ballpark of $0.0090.
Key Considerations:
There are some predictions claiming HMSTR could hit $1 or even $7, but these forecasts seem overly optimistic and should be approached with caution.
It’s important to manage expectations based on sound analysis rather than speculative hype.
Community Discussion:
What’s your opinion on HMSTR’s future? Could it soar to become the next breakout token, or will it remain in the meme token category?
🎯 Five Mistakes You MUST Avoid If You Want to Become a Millionaire in the Bull Market
Is your dream to be a millionaire in the next cryptocurrency bull market? 🤑 Then, pay attention to these 5 common mistakes that could hold you back from success and learn how to avoid them to get one step closer to your goal. Your financial future depends on it!
1. ❌ Ignoring Research Investing without doing thorough research is like jumping into the void without a parachute. 🎢 Example: If you buy a cryptocurrency just because you saw a viral tweet, without understanding the project or its fundamentals, you could be throwing your money away. Take the time to research solid projects with growth potential. 🔍
💥Join me on Binance Live for 'My First Live: Get to Know Me' where I’ll be answering some interesting and fun questions prepared by @AllianceX and @yikesqq ! It’s your chance to learn more about me, my role, and how I can help you navigate Binance.
🔥🎁 Want to win a #Binance travel bag? 1️⃣ Follow me & @yikesqq and @AllianceX 2️⃣ Repost 3️⃣ ‘Add Reminder’ and join the Live 4️⃣ Ask your own questions during the session – about me, my role, or anything else!
Get Ready for Liftoff! The anticipation is building, and the questions are pouring in! Let's dive into the thrilling world of Hamster Kombat ($HMSTR) price predictions! LATEST DATA ANALYSIS - Average market capitalization of launchpool tokens: $250M - $360M - Hamster's circulating supply: 63 BILLION tokens - Estimated launch price: $0.004 - $0.0055 BUT WAIT... If Hamster follows in $DOGS' pawprints, with a staggering $620M market cap, we could witness a jaw-dropping $0.0100 launch price! THE MILLION-DOLLAR QUESTION Will $HMSTR become the next BIG MOONSHOT or remain just another memecoin? EXPERT INSIGHT - Hamster Kombat's vast community and engaging gameplay drive its potential - Bullish outlook driven by tokenomics and adoption - Keep an eye on market trends and updates! PREDICTION POLL Cast your vote! A) $1 or more B) $0.0100 - $0.05 C) $0.004 - $0.009 D) Less than $0.004 Share your predictions!
Stay tuned for more updates and insights on Hamster Kombat's thrilling journey! #BinanceLaunchpoolHMSTR #hamsterkombat24 #HamsterTapTap #HamsterKombat
It is possible to mine cryptocurrency with a mobile phone, although there are several factors to consider before you start.
How Mobile Mining Works Mining Apps: There are specific apps that allow you to mine cryptocurrency from your smartphone. Some of the most popular ones include CryptoTab, MinerGate, and Pi Network. Mining Types: You can choose to mine solo, in pools, or in the cloud. Pool mining is more common, as it allows you to combine the power of multiple devices to increase the chances of success.
$BOBA is strong today, finding support at $0.15 after a massive upside move. The target is set at $0.52 in a shorter timeframe, with $ZK expected to shape the future trajectory of this bullish trend. Previously we've tracked 670% gains on it.
🚀 Blum Coin Launch: What to Expect and Price Predictions! 💰
Blum Coin, the newest sensation in the crypto space, is set to launch on **October 1, 2024**, and it's already making waves! 🌊 With its unique integration into **Telegram**, which has over 28 million users, all eyes are on Blum Coin's debut. But what does the future hold for this new token? Let’s dive into the price predictions and market impact! 🔥
**🎯 Launch Strategy & Initial Price:**
Blum Coin’s team has picked October, a typically active period in crypto markets, for its launch. With a **pre-launch price of $2.00 per token**, the price reflects strong investor interest and the potential of its tech. 📈
**🏦 Potential Exchanges:**
No official word on where Blum Coin will be listed just yet! 🚫 New tokens often start on smaller exchanges before eyeing big names like **Binance** or **Coinbase**. Keep an eye on Blum Coin’s official channels for updates! 👀
**💸 Price Predictions Post-Launch:**
- **Optimistic Outlook:** Analysts predict Blum Coin could surge to **$5.00** per token within months! This is driven by excitement around its **decentralized exchange** and Telegram integration. 💥
- **Conservative Estimate:** Some expect a more cautious climb, with prices ranging between **$0.20 - $0.25** initially. Market volatility and sell pressure from early adopters may affect the token’s trajectory. 🤔
**⚠️ Market Risks to Watch:**
Investing in new tokens like Blum Coin comes with risks! 🌪️ Factors like **market volatility**, **liquidity issues**, and **regulatory scrutiny** could impact its performance. Stay informed and be ready to navigate these challenges.
**🔮 Conclusion: A High-Potential Opportunity!**
Blum Coin’s launch is a golden opportunity, especially with its massive **Telegram user base**. But as with all crypto investments, expect a rollercoaster ride 🎢. Keep a close watch on the market and stay diversified!
Blum Coin’s debut is sure to be one of the most-watched events in the crypto world! 🌟 Will it live up to the hype? Only time will tell. Stay updated and be ready for this exciting new chapter in crypto innovation! 🚀
Is it possible? 🔥 Breaking Cryptocurrency News! 🔥 Hey crypto enthusiasts! Have you heard about the incredible surge in the spot market? HMSTR is on fire, skyrocketing by a staggering +817.43%! Now trading at $1, this token has seen a massive trading volume of $4,900,537 in just 24 hours. What’s all the hype about? Pre-market trading, which allows for over-the-counter (OTC) transactions ahead of official launches, is showing some promising trends. HMSTR leads the pack among available coins, making a compelling argument for those looking to dive into new tokens early. With 106,175 participants already engaged and a total trading volume reaching $23 million, the pre-market spot market is where the action begins. Don’t miss your chance to get in on these exciting opportunities. 🚀 📈📈 #TopCoinsSeptember
According to Blockworks, Sky, previously known as MakerDAO, is contemplating the deployment of its native tokens on the Solana blockchain. This move was detailed by co-founder Rune Christensen in a forum post. Christensen has shown a long-standing interest in Solana, even suggesting a shift to a fork of the Solana codebase last year. The timing appears strategic as Sky aims to increase the adoption of its decentralized stablecoins amidst Solana DeFi's recent growth.
Sky, which launched as MakerDAO in 2015 and introduced the DAI stablecoin in 2017, has been a significant player in the DeFi space. DAI, now rebranded as USDS, remains the third-largest stablecoin by market capitalization, following USDT and USDC. Sky's peg stability module, which helps maintain USDS' peg by taking in USDC and issuing USDS, is its most-used product. Additionally, locking DAI in Sky’s Spark protocol to receive elevated yields via sDAI (now sUSDS) is also popular.
To expand the PSM and Spark, Sky is now looking to Solana, where it plans to launch USDS and yield-bearing sUSDS. Initially, the deployment will occur via the Wormhole bridge as Sky prepares for Solana SkyLink, a native launch of Sky on Solana. Solana is seen as a promising venue for stablecoins, with a stablecoin market capitalization that is 68% USDC, according to DeFiLlama. This dominance was previously higher before PayPal’s PYUSD stablecoin began a Solana liquidity incentive program.
Sky intends to follow a similar path to PYUSD, with Christensen mentioning a liquidity incentive program to make USDS and sUSDS liquid on decentralized exchanges. This program could resemble PYUSD’s incentives in the short term, but once SkyLink is operational, the stablecoin will offer additional features. Christensen highlighted that Solana is a growing DeFi ecosystem lacking a major decentralized stablecoin with built-in rewards.
Frax Finance Partners With Karak To Enhance Re-Staking Functions
According to BlockBeats, on September 26, Frax Finance, a hybrid algorithmic stablecoin protocol, announced a partnership with the re-staking layer Karak. This collaboration aims to introduce native re-staking functions and decentralized security services (DSS) into the Frax Finance ecosystem. The integration will also be natively supported on Fraxtal, a move that is expected to accelerate the realization of universally verifiable finance.
How to Earn the Most Diamonds in the 'Hamster Kombat' Interlude Season
The Hamster Kombat token launch is mere hours away, as of this writing, and the first season of gameplay has come to a close. That means, at least for now, no more tapping for virtual coins or upgrading your rodent-run crypto exchange for a share of the airdrop.
But the smash Telegram game isn’t done. A second full season of gameplay is in the works, the developers said—and for at least a couple of weeks, there’s a simplified “interlude” season available right now that shakes up some familiar aspects of the tap-to-earn experience.
You can only earn new in-game diamonds in this latest experience, and the developers have teased some kind of upcoming advantage for players who bother to put in the effort to pile up virtual diamonds during the interlude.
Here’s a quick look at how to stack the most diamonds in Hamster Kombat before season two.
Spend diamonds to make diamonds
Remember all that time you spent buying and upgrading features for your crypto exchange? Well, all of that is gone—at least for now. That progress was tallied up for the airdrop and either dumped or hidden away in favor of the interlude season, but there’s a similar feature in the mix. It’s just not as easy to find now.
Screenshots from Hamster Kombat. Image: Decrypt
Hit the “Playground” button at the bottom of the screen and then tap the “Mine cards” tab near the top, and you’ll find the familiar slate of upgrade cards. Now they broadly have more of a startup vibe than a crypto-specific one, though as before, some of them seem totally random (see: “Visiting a zoo”).
In any case, each time you spend diamonds to upgrade a card’s level, it’ll earn you more diamonds per hour while you’re offline, boosting your passive earning rate. Just be sure to check in regularly, as the earnings stop accumulating after three hours of being offline.
Time to play
While the Playground section is where the upgrade cards reside now, it’s also still a repository for finding other games to play—which now earn you diamonds instead of keys or coins.
Screenshots from Hamster Kombat. Image: Decrypt
Most of the games come from partners and nod towards what the developers have said is the future of Hamster Kombat, as a hub for various experiences. In this case, you’ll download the other game from the iOS App Store or Android Play Store, look for the in-game hamster icon, complete the stated task, and then take the displayed code and paste it back into Hamster Kombat. Boom, you’ve got a diamond.
Also, under the “Minigames" tab, you can play the built-in Hexa Puzzle game—a chill, easygoing puzzler that’ll earn you diamonds more gradually, but with much less hassle.
Friends and more
As before, Hamster Kombat is happy to pay you in-game currency to invite friends using your referral code. The reward is tiny, however, so we wouldn’t recommend annoying all of your pals (again) for a pittance of digital diamonds.
Screenshots from Hamster Kombat. Image: Decrypt
Better yet, tap the “Earn” button to complete simple tasks. For example, there’s a daily YouTube video from Hamster Kombat—watch that, and an hour later (for some reason), you can claim a diamond. You’ll also get a diamond each for following a number of the game’s social accounts. And they’ll give you bonus diamonds based on how many friends you already invited.
That’s free money… well, imaginary diamonds. But you might as well claim it. We’ll see whether these diamonds end up having much value once the next Hamster Kombat season starts, but if you’re killing time waiting for the next wave of Telegram tap-to-earn games to emerge, then you might as well keep playing.
MyShell Opensource ShellAgent To Simplify AI Development
According to BlockBeats, on September 17, MyShell officially announced the open-sourcing of its no-code AI development platform, ShellAgent. This initiative aims to further lower the barriers to AI application development, enabling users without programming experience to quickly create AI applications and empowering more creators to enter the AI field.
Previously, MyShell's AIpp Store achieved the first commercialization of an AI application development platform, offering stronger economic effects compared to similar Web2 products like GPTs and Poe. The official launch and open-sourcing of ShellAgent surpasses Web2 competitors such as ComfyUI, Coze, and GPTs in terms of full-chain AI development functionality.
MyShell is not only promoting the widespread adoption of AI technology but also providing new opportunities for content creators, accelerating the application of AI at the consumer level. With over 60,000 creators accumulated, MyShell has seen the birth of nearly 200 AI applications in recent events like Black Myth: Wukong and MEME. The release of ShellAgent is expected to further lower the creation threshold, potentially sparking a new wave of AI applications.
First Neiro on Ethereum (NEIRO) Soars 850%, but Traders Smell Something Fishy
The post First Neiro on Ethereum (NEIRO) Soars 850%, But Traders Smell Something Fishy appeared first on Coinpedia Fintech News
In this ongoing bearish market sentiment, the price of First Neiro On Ethereum (NEIRO) has skyrocketed by 850%, rising from $0.00003612 to $0.000415 following its listing announcement on Binance. However, traders and investors are showing strong interest in the token, leading to a significant jump in the trading volume from $8 million to over $173 million, according to coinmarketcap data.
Binance Will List @neiroethcto $NEIRO, @TurboToadToken $TURBO and @BabyDogeCoin $BABYDOGE with Seed Tag Applied.Read more https://t.co/cwaNCfaAS7 pic.twitter.com/7gvibLZYQ0
— Binance (@binance) September 16, 2024
Community Reaction on Binance’s NEIRO Listing
Despite the significant surge in the token price and trading volume of the meme coin, the community reactions to Binance’s announcement on X (previously Twitter) are gaining massive attention. According to the listing details, Binance will list two NEIRO tokens – ‘First Neiro On Ethereum’ (NEIRO) and NEIROETH Futures, under two separate contract addresses, each will be maintained by different teams.
Something Fishy in NEIRO, Says Trader
In a post on X, a crypto trader noted that “Binance double check NEIRO, You have NeiroOnEthereum Listed on Futures, then you announced a 15m mc Neiro listing on Spot. Something is fishy…”
In a post on X, he also added, that Wintermute the crypto liquidity provider keeps buying the NeiroOnEthereum. Additionally, he noted, “I see no reason why one of the main MM providers of Binance is buying the “wrong NEIRO ” and is not holding the “right one”!”
Contract Address of NEIRO Token
According to the details, the First Neiro On Ethereum (NEIRO) is on the contract address “0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee,” While NEIROETH Futures is on “0xee2a03aa6dacf51c18679c516ad5283d8e7c2637,” as confirmed by Binance in its announcement.
Besides NEIRO, Binance will list two other tokens, including BABYDOGE and TURBO. At press time, both tokens have surged by 90% and 15% respectively, in the last 24 hours, according to coinmarketcap data.
XRP Price Prediction: $1 Dream Seems Far-Fetched Amid SEC and Trump Issues; Here’s What’s Next
The post XRP Price Prediction: $1 Dream Seems Far-Fetched Amid SEC and Trump Issues; Here’s What’s Next appeared first on Coinpedia Fintech News
XRP is struggling to maintain a steady momentum above the $0.60 mark, causing concern among investors. Despite a positive start earlier in the year following Ripple’s partial legal victory, recent developments have cast a shadow over its performance. Many XRP holders are frustrated with the continuous legal and political challenges, feeling that these issues are hindering XRP’s potential despite its strong technology and use case.
Current Movement: The price has been slowly rising but has not made significant gains since yesterday. Over the weekend, there was a push up to around $0.60, but the overall trend remains unchanged.
Trend Line and Pattern: The price is approaching a key trend line near $0.61. There’s a possibility of a final push to this level. A triangle pattern (ABCDE) might be forming, with the E-wave potentially creating a higher low.
Support: The crucial support level is the low from September 6, around $0.52. A drop below this would extend the triangle pattern or invalidate the micro pattern but not the overall triangle.
Resistance: A breakout above $0.64 (the swing high from August 8) would signal a successful move, provided the breakout is convincing.
Factors Affecting The XRP Price:
SEC Appeal: Ongoing uncertainty surrounding the SEC’s appeal against Ripple is a major concern. Investors fear that prolonged legal battles could deter buying and holding XRP.
Trump’s Legal Issues: Recent news involving Donald Trump, particularly related to potential crypto regulations, has added to the market’s uncertainty. Speculation that Trump’s legal troubles could lead to stricter U.S. crypto regulations is putting additional pressure on XRP.
At the time of writing, XRP price is down by more than three percent. It is trading at the $0.56 levels.
MicroStrategy to Raise $700 Million for More Bitcoin Purchases
The post MicroStrategy to Raise $700 Million for More Bitcoin Purchases appeared first on Coinpedia Fintech News
The well known business intelligence firm, MicrosStrategy is reinforcing its Bitcoin strategy with a determined plan to offer $700 Million in convertible senior notes. Why is it doing so? Because the company is committed to increasing its Bitcoin holdings. MicroStrategy is a publicly traded company that holds the largest amount of Bitcoin among all corporations. It wants to buy even more BTC, let’s break down what this means for MicroStrategy and for the crypto market.
What’s the Plan?
MicroStrategy’s offering is targeted at institutional investors, allowing them to purchase unsecured senior notes. These notes will mature in 2028, and buyers will have the option to convert them into cash, MicroStrategy stock, or a combination of both. What makes this even more interesting is that part of the proceeds from this offering will go toward redeeming $500 million worth of existing secured notes. The remaining funds? They’re headed straight into Bitcoin.
This isn’t the first time MicroStrategy has used such a strategy. In fact, the company’s aggressive Bitcoin acquisition began in August 2020, when they made the cryptocurrency a core part of their treasury strategy. The company currently holds a staggering 244,800 BTC, which accounts for over 1% of the total Bitcoin supply.
A Big Bitcoin Bet
This offering follows a recent purchase by MicroStrategy of $1.11 billion in Bitcoin. That purchase alone brought in 18,300 BTC, boosting their already massive holdings. With Bitcoin seeing a 17% year-to-date gain, MicroStrategy’s stock has also benefited. Investors have taken notice, with the company’s shares trading at over $1,500 after the announcement.
The executive chairman of MicroStrategy, Michael Saylor, has been very vocal about his confidence and faith in Bitcoin. His commitment to buy Bitcoin at various price points reflects his long term vision for it. This strategy has been a key factor to drive its stock price as well as overall market perception.
Will It Pay Off?
Despite the strong focus on Bitcoin, MicroStrategy’s strategy is not without risk. The cryptocurrency market is famously volatile. Yet, for now, the company’s moves seem to be paying off, with stock prices rising after these announcements. However, it’s important to note that the offering is still subject to market conditions, and there’s no guarantee on the timing or terms of its completion.