Eine Analyse von CoinLedger zeigt, dass die Kryptomärkte seit Ende 2023 wieder im Aufwind sind, wodurch die Anleger im Schnitt schon wieder realisierte Gewinne einfahren konnten.
Kaspa price surges 20%, Bitbot unveils revolutionary Telegram trading bot
- Kaspa (KAS) price surges 20%, eyeing a $3 target amid bullish momentum and fair launch.
- Bitbot unveils the world’s first Telegram self-custodial trading bot, empowering users.
- BITBOT token presale offers a strategic investment opportunity.
In the dynamic world of cryptocurrency, Kaspa (KAS) and Bitbot are making waves with significant developments.
Kaspa, after a recent surge of 20%, stands at the forefront of altcoins, while Bitbot introduces the world’s first Telegram self-custodial trading bot, revolutionizing the way users trade in 2024.
Kaspa (KAS): riding the waves of price volatility
The recent fluctuations in Kaspa’s price have caught the attention of crypto enthusiasts. After trading in a closed range for weeks, KAS displayed a jump of 20%, reaching $0.1249.
KAS price chart
KAS reached an all-time high (ATH) of $0.154 on Nov 20, 2023, while its all-time low was $0.0001699, recorded on Jun 01, 2022. At its current price, the token is 71982.3% higher from its lowest point and only a few cents away from its ATH.
Analysts predict a potential surge to $3, citing the coin’s fair launch and the absence from major exchanges like Binance and Coinbase. As Kaspa tests its resistance level of $0.1242, the market awaits the outcome that could propel the coin to new heights.
Bitbot: Telegram bot pioneering self-custodial trading
Bitbot enters the scene as the world’s first Telegram self-custodial trading bot, offering users institutional-grade tools directly on the popular messaging platform.
With a focus on empowering retail investors, Bitbot ensures full custody of assets while providing tools like automated sniping, limit orders, and copy trading, typically reserved for institutional traders.
Integrating with self-custodial wallets and backed by KnightSafe security, Bitbot is poised to reshape how users engage in crypto trading.
BITBOT token presale
Bitbot’s presale, which kicked off a few weeks ago, unfolds as an intriguing investment opportunity. With a total supply of 1,000,000,000 tokens, the presale consists of 15 stages, each with varying token prices and allocations. Currently in Stage 3, the token’s price is $0.011, with the next stage set at $0.0116.
The project has raised $459,291 out of the $630,000 target, highlighting growing interest. Investors can anticipate exclusive benefits like revenue sharing, presale access, and governance influence through the $BITBOT token.
Are Kaspa and Bitbot good investments?
Investors eyeing Kaspa and Bitbot might find compelling reasons for consideration. Kaspa’s fair launch and potential exchange listings could drive a significant surge, as demonstrated by its previous listing on Coinone.
On the other hand, Bitbot’s unique features and self-custodial approach cater to both large and small-scale investors, promising a new era in crypto trading.
As with any investment, thorough research and risk assessment are advised, considering the market dynamics and individual preferences.
Conclusion
The dynamic developments in the cryptocurrency space continue to captivate investors and enthusiasts alike. Kaspa’s surge and Bitbot’s innovative approach to trading underscore the ever-evolving nature of the industry.
Whether you are eyeing Kaspa’s potential for significant gains or exploring the revolutionary features of Bitbot, the crypto landscape remains full of opportunities for those willing to navigate its twists and turns.
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Memeinator and Dymension are thriving as crypto demand wanes
Cryptocurrencies have entered a wait and see mode as traders focus on the ongoing Bitcoin inflows. The most recent data shows that some of the top ETFs, especially by Blackrock and Fidelity are doing better than the others. In this period, most cryptocurrencies have either retreated or remained in a tight range. Despite this, there have been some breakout stars, including Dymension (DYM) and Memeinator (MMTR).
Memeinator raises over $4.3 million
Memeinator, an upcoming meme coin, has become one of the top cryptocurrencies in the past few months. The coin, which is now in its token sale phase, has attracted thousands of fans and raised over $4.3 million. These funds make it one of the most successful token sales of the year.
Memeinator’s token sale has been successful for a few reasons. First, the developers have put in place several promotions that have attracted thousands of people. For example, they are running a promotion that will see a lucky winner fly to space using Virgin Galactic, the company started by Richard Branson.
Second, it has been successful because of the vision behind the developers. As you can read in this white paper, Memeinator is combining the concept of meme coins and artificial intelligence. Recently, we have seen many meme coins move from obscurity into multi-million dollar assets. For example, MAGA Trump has gained a valuation of over $100 million. At their peak, Bonk and Pepe had a combined valuation of over $1 billion.
At the same time, the concept of AI is still intriguing people, as evidenced by the strong performance of Nvidia and Super Micro Computer. Nvidia is now a company valued at over $1.6 trillion, making it the sixth-biggest company in the world. Therefore, combining meme coins and AI has attracted many investors.
Finally, it has come at a time when most analysts expect cryptocurrencies to do well after the Bitcoin ETF and the upcoming Bitcoin halving and potential rate cuts. You can buy the MMTR token here.
Dymension token surges
The other big winner in the crypto industry is a new coin known as Dymension, whose ticker is DYM. This is a new platform that seeks to change the blockchain industry. Specifically, it is targeting an area known as rollups, which are platforms that boost the performance of Ethereum.
The challenge with rollups is that they are built using different architectures, making them difficult to interoperate. It solves this challenge by standardizing rollups using the Inter-Blockchain Communication Protocol (IBC). The idea is to use a standard such as the way we have ERC tokens.
DYM token has surged because the mainnet launch happened this week. In most cases, cryptocurrencies tend to jump after going through a mainnet launch because of the hype it generates. They also rise because of the news that happens after the launch like partnerships and token listings.
On-chain data shows that Dymension has started to gain market share. It has over 508k active addresses and a staking APR of 42.5%.
Dymension mainnet is live!https://t.co/8y3pJ0ohCK pic.twitter.com/DOVcuj1yXf
— Dymension (@dymension) February 6, 2024
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Paxos and Chainlink power up PayPal’s PYUSD with price feed integration
- Paxos and Chainlink integrate PYUSD Chainlink Price Feed, enhancing its trust and utility.
- Chainlink’s security features drive PYUSD adoption by ensuring accurate and reliable data.
- Paxos and Chainlink collaboration marks a milestone in advancing tokenized assets and scaling on-chain finance.
Paxos, a leading regulated blockchain infrastructure and tokenization platform, has partnered with Chainlink, the industry-standard oracle network, to bolster the adoption of PYUSD. By integrating a PYUSD Chainlink Price Feed on the Ethereum mainnet, users now have access to highly accurate and decentralized market data for PYUSD.
This collaboration signifies a significant milestone in advancing the use of tokenized real-world assets (RWAs) and scaling on-chain finance globally. It will further enhance the utility and trustworthiness of PYUSD in online transactions, propelling its role in facilitating on-chain payments to new heights.
Chainlink driving PYUSD adoption
Chainlink’s market-leading security features play a pivotal role in driving the adoption of PYUSD. With applications and users across the DeFi space requiring high-quality, tamper-proof market data, Chainlink Price Feeds ensure the accuracy and reliability needed to establish secure markets around PYUSD. This integration not only helps attract initial liquidity but also fosters ecosystem-wide adoption by providing transparent and decentralized price data on-chain.
By leveraging Chainlink’s decentralized network, PYUSD users can trust the stability and integrity of the stablecoin for their transactions. Chainlink Price Feeds offer critical features such as high-quality data sourced from premium aggregators, secure node operators, decentralization at various levels, and an economy of scale effect. These features collectively contribute to enhancing the security, reliability, and transparency of the PYUSD ecosystem, paving the way for its widespread adoption in the smart contract ecosystem.
With Paxos enabling PayPal to issue PYUSD on-chain and Chainlink providing the secure, reliable, and decentralized price data needed for its adoption, the collaboration between these industry leaders marks a significant milestone in advancing the tokenized economy and modernizing the global financial system.
This integration not only reinforces the role of blockchain technology in revolutionizing digital finance but also underscores the potential of stablecoins like PYUSD in driving financial inclusion and interoperability across various sectors.
Overall, the collaboration between Paxos and Chainlink holds promise in accelerating the adoption of PYUSD and contributing to the growth of the tokenized economy on a global scale.
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Social Web3 platform Friendzone to launch on Polygon PoS
- Friendzone, a decentralized social marketplace with native reward share, is set to launch on Polygon PoS.
- The integration will boost Friendzone’s growth as it leads social media’s Web3 transformation, the platform said.
- Further expansion is expected with Friendzone later launching on Polygon zkEVM.
Friendzone, the social Web3 platform with native reward share, is expanding to Polygon PoS, according to details shared with CoinJournal today.
Polygon PoS is Friendzone’s first blockchain expansion and the team expects further integration with Polygon zkEVM will follow.
Friendzone, which boasts core contributors and advisors from leading crypto projects such as Synthetix, Band Protocol and Koinly, said it will leverage Polygon’s infrastructure to bolster adoption of SocialFi applications.
For instance, Polygon brings cross-chain syncing and composability to Friendzone, opening up the social marketplace for developers. Launching on Polygon PoS will also enhance Friendzone’s ecosystem via key partnerships and innovations.
“Choosing Polygon PoS as our first blockchain was a strategic decision rooted in our shared commitment to scalability and our alignment in the development of consumer-centric Web3 applications,” Kevin Lu, the CEO & Co-Founder of Friendzone, said in a statement.
“The infrastructure not only aligns with our mission but also enhances our capabilities, propelling us to lead the way in Web3 adoption,” Lu added.
Friendzone spearheading new era for SocialFi
Also crucial to this integration is the benefit that Polygon brings in terms of network speed and scalability. Friendzone can tap into these features to enhance its growing presence in the industry, particularly bringing Web3 expertise to the social media space.
Friendzone seeks to boost the creator economy, with fans incentivized to contribute to creators via its FZE token.
Marc Boiron, CEO of Polygon Labs, commented, “Friendzone is at the forefront of a new era for social media that leverages the full potential of Web3 to offer unparalleled user experiences, creator monetization, and community engagement, and we are excited to see this vision coming to life on Polygon.”
According to today’s announcement, Friendzone expects to go live on Polygon PoS later this month. The platform announced a 25 million FZE airdrop in December 2023. Accumulating Friend points will earn early adopters $FZE ahead of Friendzone’s Beta Launch.
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