- *Current Price*: $0.58-$0.67 USD, with a 24-hour trading volume of approximately $1.07 billion USD, surging 78.54%-85.22% in the past day. - *Market Capitalization*: $103.61 million-$108.81 million USD, ranking #325 on CoinMarketCap. - *Circulating Supply*: 187.44 million tokens, with a maximum supply of 252.30 million tokens. - *Trading*: Available on Upbit, Binance, and BYDFi, with the most active trading pair being KNC/KRW on Upbit. - *Use Cases*: Staking in KyberDAO for governance participation and earning rewards in Ethereum (ETH) or KNC.
*About Kyber Network:*
Kyber Network is a decentralized liquidity protocol enabling instant token exchanges and decentralized applications. Its native token, KNC, plays a crucial role in the ecosystem ¹.
The One Big Beautiful Bill is a Republican-backed budget reconciliation law passed by the 119th United States Congress, containing tax and spending policies that form the core of President Donald Trump's second-term agenda. Here are some key points about the bill:
Key Provisions - *Tax Cuts*: Permanently extends the individual tax rates Trump signed into law in 2017, which were originally set to expire at the end of 2025. It also includes temporary tax deductions for tips, overtime pay, auto loans, and creates Trump Accounts, allowing parents to create tax-deferred accounts for the benefit of their children. - *Border Security and Immigration*: Includes $150 billion in new defense spending and another $150 billion for border enforcement and deportations. It increases funding for ICE from $10 billion to over $100 billion by 2029. - *Energy Policy*: Phases out clean energy tax credits that were included in the Biden-era Inflation Reduction Act and promotes fossil fuels over renewable energy. - *Healthcare*: Cuts Medicaid spending, with the Congressional Budget Office estimating that 10.9 million Americans will lose health insurance coverage.
Impact - *Economic Growth*: The bill is estimated to add $2.8 trillion to the national debt by 2034 and cause 10.9 million Americans to lose health insurance coverage. - *Tax Relief*: The Joint Committee on Taxation estimates the bill provides over $600 billion in new tax relief to middle-class households, with the largest proportional tax benefits going to workers and families making less than $50,000 ¹ ².
The feud between Donald Trump and Elon Musk started when Musk criticized Trump's "One Big Beautiful Bill Act," which Musk believed would increase the national debt and undermine his efforts at the Department of Government Efficiency (DOGE). Here's a short note on their feud:
*Key Points:*
- *Criticism of the Bill*: Musk slammed the bill, saying it would "destroy millions of jobs in America" and cause "immense strategic harm" to the country. - *Trump's Response*: Trump threatened to use DOGE to probe Musk's business contracts and joked about deporting him. - *Musk's Rebuttal*: Musk said he was "tempted" to escalate tensions but would "refrain for now". He emphasized his opposition to rising government debt. - *Shift in Tone*: Despite their differences, Musk gave Trump unexpected praise, crediting him for resolving "several serious conflicts around the world". - *Potential Impact*: The feud has risked $100 million in political donations to Trump-affiliated organizations and threatened a $5 billion debt sale for Musk's xAI.
The situation remains fluid, with both sides exchanging barbs on social media ¹.
"Fear is a natural part of life, but letting it control your decisions can hold you back from achieving your goals and living your best life. Instead of letting fear hold you back, try to face it head-on and take calculated risks. Remember, growth and success often lie outside of your comfort zone!"
1. "Fear the crowd, buy when they fear." 2. "Market dips are buying opportunities." 3. "Low prices today, potential gains tomorrow." 4. "Buy low, sell high - the crypto mantra."
What If You Invested $1,000 in $XRP or $DOGE and Forgot Until 2030?
As of May 4, 2025, here's an updated analysis of a $1,000 investment in XRP and Dogecoin (DOGE), based on current prices and 2030 projections.
XRP (XRP)
Current price: $2.19
Tokens for $1,000: Approximately 456.6 XRP
2030 price projections:
CoinCodex: $0.60 to $1.69
Binance: $2.79
Benzinga: $4.67 to $26.97
Bitwise: $29.30
Gemini: $35 to $64
Potential value in 2030:
At $0.60: $274 (Loss: $726)
At $1.69: $772 (Loss: $228)
At $2.79: $1,274 (Profit: $274)
At $26.97: $12,320 (Profit: $11,320)
At $64: $29,222 (Profit: $28,222)
Dogecoin (DOGE)
Current price: $0.1742
Tokens for $1,000: Approximately 5,740.2 DOGE
2030 price projections:
CoinCodex: $0.013 to $0.046
Binance: $0.22
Benzinga: $0.197 to $1.50
Changelly: $0.996 to $1.21
InvestingHaven: Up to $2.20
Potential value in 2030:
At $0.013: $74 (Loss: $926)
At $0.046: $264 (Loss: $736)
At $0.22: $1,263 (Profit: $263)
At $1.21: $6,945 (Profit: $5,945)
At $2.20: $12,628 (Profit: $11,628)
Summary
Both XRP and Dogecoin present significant growth potential by 2030. A $1,000 investment in XRP could grow to over $29,000 at peak projections, while DOGE could reach approximately $12,600. However, these investments carry high risk due to market volatility and their speculative nature. Investors should conduct thorough research and consider their risk tolerance before investing.