Monat: Februar 2024

Veröffentlicht am

Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery

  • Worldcoin’s (WLD) price surged 192% in 7 days
  • Worldcoin’s “World App” wallet hit 1 million daily active users amid regulatory challenges.
  • Bitcoin Dogs presale collects over $2.2 million in five days.

In the wake of Bitcoin’s recent resurgence, the cryptocurrency market has witnessed a compelling comeback, with Ethereum and altcoins following suit, with Worldcoin (WLD) and Bitcoin Dogs (0DOG) at the forefront.

Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, experienced a staggering 192% surge in just seven days while Bitcoin Dogs, which entered the market a few days ago, caused waves with the first-ever BRC-20 ICO on Bitcoin blockchain.

Worldcoin (WLD): 192% surge in a week

The 192% Worldcoin (WLD) price surge has caught the attention of crypto investors, especially following the challenges that the Worldcoin project has faced in the recent past. The WLD currently trading at $7.32 hit an all-time high of $7.52 on February 19 following a week-long rally.

Worldcoin price chart

 

This WLD price surge coincided with a significant achievement for the Worldcoin project, as its crypto wallet app, the “World App,” surpassed 1 million daily active users. There has also been an overwhelming whale accumulation, with a massive 2.09 million WLD tokens acquired from Binance. Alameda Research’s significant holding of 25 million WLD tokens and the unveiling of Sora, a text-to-video platform by Sam Altman, further contribute to the optimism around Worldcoin’s growth.

Launched in July 2023 by Sam Altman and Alex Blania, Worldcoin stands as a “privacy-preserving” digital identity verification initiative, rewarding users with WLD for iris scans.

Interestingly, this remarkable growth comes at the backdrop of regulatory challenges including Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) initiating an investigation into the project due to “serious risks to personal data privacy.” Reports suggest inspections were conducted at Worldcoin locations in Hong Kong. Previously, global regulatory concerns led to service suspensions in Kenya and a temporary halt to iris scans in India.

Bitcoin Dogs (0DOG): innovation meets canine craze

As Worldcoin catches the attention of crypto investors eager to invest in AI-based cryptocurrencies, Bitcoin Dogs, a new cryptocurrency project using Bitcoin’s BRC-20 standards has jumped into the market, with ICO that has attracted quite some interest from investors.

Bitcoin Dogs introduces a unique blend of cryptocurrency and canine enthusiasm with its native token, 0DOG. Aiming to be the first ICO on the Bitcoin blockchain, Bitcoin Dogs provides a playground for dog lovers and crypto enthusiasts to trade, collect, and engage in a barking-good time. The project’s innovative approach combines the loyalty and playfulness of dogs with the exciting world of blockchain technology.

The platform offers diverse features, including a feeding system influencing virtual dog appetite levels, social interactions affecting user influence, and Player versus Player (PvP) challenges like Duel Races with a betting system. Additionally, the 10k Ordinals NFT Club caters to both casual admirers and dedicated Doga devotees, allowing users to parade, collect, and trade digital assets related to dogs.

Bitcoin Dogs (0DOG) token presale

Bitcoin Dogs launched a groundbreaking token presale, the first of its kind on the Bitcoin blockchain, five days ago and so far the presale has raised $2,266,645.66 pointing to the attention it has captured from the crypto community.

Investors are flocking to the ICO with the price of the 0DOG token set to increase from the current $0.0173 to $0.0198 in the next stage. To participate, interested persons can visit the bitcoindogs.club website to purchase their share of the 0DOG tokens.

The presale, set to last 30 days, features staged price increases every three days, fostering urgency for potential investors. The platform also boasts a unique approach, burning unsold tokens after 30 days, potentially increasing value for token holders.

Conclusion

Worldcoin’s remarkable growth and Bitcoin Dogs’ presale both represent opportunities for investors looking to diversify their crypto portfolios.

Nevertheless, the crypto landscape remains dynamic and evolving, requiring careful consideration and due diligence from those eager to embark on this exhilarating journey.

The post Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery appeared first on CoinJournal.

Veröffentlicht am

AI tokens surge as Memeinator (MMTR) token sale accelerates

Artificial Intelligence (AI) assets have embarked on a strong bull run as investors predict that the industry has more room to grow in the coming years. In the stock market, companies like Nvidia and Super Micro Computer (SMCI) have been some of the best performers in Wall Street. Nvidia’s market cap has surged to over $1.8 trillion recently.

In the crypto industry, many AI-focused crypto tokens have surged recently while Memeinator has raised millions of dollars. You can buy the MMTR token here.

AI cryptocurrencies jump

The same trend is happening in the crypto industry where popular AI-focused tokens have gone parabolic. SingularityNet’s AGIX token has risen to over $0.48, its highest point since March 25th. It has risen by more than 200% from its lowest level in November last year.

SingularityNET is a leading platforms that aims to provide a marketplace for AI solutions. Some of the top networks in its ecosystem are the likes of Awakening Health, Rejuve.ai, Cogito, and HyperCycle.

Meanwhile, Fetch.ai’s FET token has risen in the past three straight days and is now at its highest point since 2021. It has moved above key resistance point at $0.80, its previous highest point this year. The token has surged by over 1,470% from its lowest point in 2023, making it one of the top-performing coins in the industry.

The other top-performing tokens associated with AI are Ocean Protocol, IoTeX, and The Graph. Ocean Protocol and The Graph are not necessarily AI tokens but they help developers to handle big data in the industry. 

The most likely reason for this performance is that investors believe that the AI industry is still in its infancy and has more room to grow in the long term. For example, Sam Altman, the head of OpenAi is raising $7 trillion to invest in the industry. OpenAI itself has seen its valuation jump to over $80 billion.

Memeinator is thriving

The rising demand for AI assets explains why Memeinator is thriving. Data shows that the developers have raised over $4.8 million in the past few months and are quickly approaching the important point of $5 million.

Memeinator is a cryptocurrency that aims to take advantage of the two important trends in the industry. It is taking advantage of the artificial intelligence industry, which we have discussed above.

Most importantly, Memeinator aims to leverage the popularity of meme coins, which have done well in the past few years. For example, coins like Bonk and Pepe have moved from nothing to becoming major players in the industry. Shiba Inu and Dogecoin are also big cryptocurrencies that are valued at billions of dollars.

Therefore, many Memeinator buyers do so hoping that the token will become as popular as these peers when it finally goes public. You can read its white paper here.

The post AI tokens surge as Memeinator (MMTR) token sale accelerates appeared first on CoinJournal.

Veröffentlicht am

Honduras regulator bans institutions from trading crypto

  • Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto.
  • The banking regulator reached the resolution on Monday and cites fraud and money laundering among reasons for the move, Reuters reported.

Honduras’ National Banking and Securities Commission, or CNBS, has banned institutions under its regulatory purview from trading cryptocurrencies.

The banking regulator announced the measure this week, Reuters reported on Friday.

According to the report, the CNBS’ resolution came into effect immediately, with the Central American country citing use of virtual assets in fraud and money laundering as key risks and the reasons for the ban.

In this case, no institution supervised by the regulator can hold, intermediate, trade or invest in crypto tokens or such other unauthorized digital assets.

Crypto fraud and money laundering

While noting that there are multiple crypto platforms offering services in the country, Honduras does not regulate these entities. With most domiciled in various parts of the world, the Honduran law does not control their operations, and that there’s the risk of such companies facilitating fraud, money laundering and terrorism financing.

The regulatory watchdog reached the resolution to ban all institutions under its purview from crypto trading on Monday, February 12, Reuters noted. However, the move only became public on February 16.

The move comes amid a general strengthening of crypto regulation across the globe, with governments working with international bodies such as FATF to help streamline laws for the sector.

But notably, the Honduras Prospera zone – Próspera Zone for Employment and Economic Development (ZEDE) – officially recognized Bitcoin as a unit of account early this year. In July 2022, the group made of Blockchain Honduras, Coincaex crypto exchange and the Technological University of Honduras unveiled the “Bitcoin Valley ” in the Honduran municipality of Santa Lucia.

The post Honduras regulator bans institutions from trading crypto appeared first on CoinJournal.

Veröffentlicht am

Bitcoin Dogs outlook as Heroes of Mavia ($MAVIA) soars to new ATH

  • Heroes of Mavia ($MAVIA) price soared more than 10% to hit a new all-time high.
  • $MAVIA price has surged more than 440% in the past two weeks.
  • Will Bitcoin Dogs ($0DOG) see similar gains?

Heroes of Mavia, a free-to-play mobile Web3 MMO Strategy game by Skrice Studios, is seeing huge adoption as the crypto gaming world gets a major boost in rate of adoption. The project’s recently introduced crypto token, $MAVIA, has added a new dose of interest in the fantasy game.

This Heroes of Mavia price prediction article looks at the potential short-term catalysts for $MAVIA. Also featured is the price outlook for Bitcoin Dogs, a new gaming and NFTs project that just launched the first ever presale on the Bitcoin blockchain.

Heroes of Mavia price soars to all-time high above $10

Skrice Studios’ Heroes of Mavia allows players to explore the fantasy island of Mavia, battling for supremacy as they amass the in-game asset RUBY. Also, NFTs for items such as skins, statues and consumables have resale value.

Heroes of Mavia launched its native governance token $MAVIA on February 6, 2024, with its airdrop one of the largest in the Web3 gaming industry. The listing of $MAVIA on top crypto exchanges such as Crypto.com, Bybit, Gate.io, HTX and KuCoin has helped with traction. Heroes of Mavia game downloads reached over 1 million earlier this month. 

With 30 million of the maximum supply of 250 million in circulation, the price of $MAVIA has risen sharply to hit an all-time high above $10 on February 18. At current levels, $MAVIA is up 440% since its lows on February 6.

Bitcoin Dogs presale nears $2 million milestone

Bitcoin Dogs brings the fun and investment that comes with NFTs and gaming to the growing BRC-20 ecosystem on Bitcoin. As a new project with 10,000 unique NFT collection and an immersive gameplay, the project is looking to tap into not just the legacy of Bitcoin but also the renaissance in NFTs and frenzy of dog-themed tokens.

$0DOG is the native token of the Bitcoin Dogs ecosystem and will offer holders access to the game and NFTs. The supply is capped at 900 million, 90% of which is minted for the presale that’s expected to end on March 15, 2024.

Interest has ramped up since Bitcoin Dogs launched the ICO on Bitcoin, with early bird investors allocating more than $1.9 million within just three days. The market is abuzz about $0DOG as the presale nears the $2 million milestone. For investors who missed the early trend spearheaded by Cryptopunks, BAYC, Tamagotchi, and Axie Infinity, Bitcoin Dogs blends all into one powerful project.

See the Bitcoin Dogs whitepaper for more details.

Also read: Bitcoin Dogs: What to know about this historic BRC-20 presale

Heroes of Mavia price prediction: What next for $MAVIA?

Heroes of Mavia’s tokenomics provides for a slow emission rate for $MAVIA, with only 12% currently in circulation. Future unlocks will occur every 90 days, with 1% of that in a presale. The next unlock happens in May 2024, which is a timeline that coincides with two major crypto events in the second quarter of 2024 – the Bitcoin halving in April and potential spot Ethereum ETF approval in May.

As the number of $MAVIA token holders surges amid the game’s rapid adoption, its likely market performance will see further upside trajectory. In a bull market, $MAVIA could see a significant surge. The key level is $10, with price discovery potentially coming into play.

Is Bitcoin Dogs worth investing in today?

While Heroes of Mavia stands out for its great price outlook after a stellar debut, investors are also keen on Bitcoin Dogs for its potential. The interest shown as the token’s ICO debuted on February 14 suggests the market is confident in Bitcoin Dogs’ NFTs and play-to-earn activity.

As noted above, Bitcoin Dogs is making waves in the BRC-20 market. The resurgence seen in NFTs and overall crypto gaming suggests the market could witness substantial spikes in investor interest. Combined with the bullish sentiment sweeping through the crypto market, the $ODOG presale might present a unique opportunity to diversify their portfolio.

$0DOG price today, in presale stage 2 is $0.0173, a great entry point given its targeted increase during the 30-day ICO. The potential for an explosive run after market launch is also high if market conditions and project development align in coming months.

Learn more about $0DOG on the official Bitcoin Dogs website.

The post Bitcoin Dogs outlook as Heroes of Mavia ($MAVIA) soars to new ATH appeared first on CoinJournal.

Veröffentlicht am

Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum

  • Solana has partnered with Filecoin to boost its blockchain’s reliability and scalability.
  • Bitcoin Dogs has raised over $1.7 million as the crypto community flock to the world’s first ICO on Bitcoin.

Solana is looking to bolster its blockchain network with a key partnership with decentralized storage platform Filecoin. Meanwhile, Bitcoin Dogs is storming through its presale as the crypto community takes note of its potential.

Solana and Filecoin partner

In one of the groundbreaking developments this week, Filecoin, the decentralized data storage marketplace and crypto platform, announced it had integrated with Solana, the blockchain network home to a bustling token ecosystem.

Filecoin said in a statement that the collaboration will see Solana tap into Filecoin’s infrastructure to bolster the reliability and scalability of its network. The partnership comes a few days after Solana suffered an outage and is a major move that signals the blockchain platform’s focus on further traction. 

Tapping into Filecoin’s decentralized storage solutions makes Solana’s block history not just more accessible, but also readily usable for the community, including indexers, explorers and infrastructure providers.

“By leveraging Filecoin’s decentralized storage capabilities, @solana can achieve data redundancy, scalability, and enhanced security while staying true to its decentralized ethos,” the Filecoin team said.

Solana price

Solana’s price rallied to highs of $118 despite the recent downtime and although its down 2.3% in the past 24 hours, its poised above the psychological $100. Analysts expect SOL to skyrocket in coming months alongside the broader altcoin market. Ethereum spot ETF approval in May could add to the tailwinds from Bitcoin’s halving to push the market higher.

Bitcoin Dogs’s presale enthralls crypto investors

Bitcoin Dogs is a new crypto project that’s currently storming through its presale, with over $1.6 million already raised less than 72 hours after the historic ICO launched.

As detailed in their whitepaper, Bitcoin Dogs is a gaming and NFT platform set to lead the next growth era for Bitcoin Ordinals. With the Bitcoin Layer-2 ecosystem thriving amid projects such as Stacks, Bitcoin Dogs is coming in to open the landscape further with gaming, NFTs and BRC-20 tokens.

$0DOG, the native Bitcoin Dogs token, is indeed the world’s first ICO on Bitcoin. The token will power the new project’s ecosystem, offering holders access to the 10K NFT Collection and Bitcoin Dogs Club. A blend of interactive gameplay, $0DOG rewards and fun all come to Bitcoin as the community shows their love for the beloved pets.

A total of 900 million $0DOG tokens are minted, with the presale offering 90% or 810 million of the total supply to early bird investors. To capture the current momentum and build into its potential, the Bitcoin Dogs team has outlined a 10-stage ICO that will run for 30 days only.

Is Bitcoin Dogs worth buying?

The crypto investment community that hailed projects like Axie Infinity, Tamagotchi and BAYC, is excited about Bitcoin Dogs. In particular, investors see $0DOG as standing out from the rest for its pioneering ICO on Bitcoin and the potential to drive the gaming ecosystem on the flagship blockchain network.

The outlook is more apparent given the prevailing market sentiment, with crypto on the cusp of a major rally led by Bitcoin. In this case, an early bet on $0DOG at the current presale values could be worth a huge return in coming months.

Read more about $0DOG here.

The post Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum appeared first on CoinJournal.