Monat: Februar 2024

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AltSignals (ASI) outlook amid expert’s “huge” Bitcoin (BTC) prediction

  • AltSignals (ASI) recently listed on crypto DEX platform Uniswap.
  • Analysts have shared major predictions for Bitcoin (BTC) as price hovers near $51k.

As Bitcoin bulls struggle to hold prices above $51k, a crypto analyst has shared a potential bearish flip that could see BTC price trade to $48k. Here’s the price outlook for AltSignals.

BTC price to $48k? Analyst points to on-chain metric

Bitcoin price rose to above $53k on February 20, hitting the highest level since December 2021. While the bellwether cryptocurrency’s market cap remains above the $1 trillion mark hit this month, prices have revisited the $50.6k level on multiple occasions.

A crypto analyst has shared a Bitcoin price prediction suggesting BTC could dip to lows of $48k. On-chain and data analytics platform CryptoQuant shared the analyst’s view on X on Monday.

Per the prediction, the 30-day moving average of Bitcoin’s short term Holder SORP metric shows it’s near the selling zone for short-term investors. The technical chart also shows BTC trading below the resistance, with a breakdown likely to push prices to the $48k area.

On the other hand, crypto analyst Ali says Bitcoin could retest the $53k level and target $60.5k amid its megaphone pattern formed on the daily chart.

What could this mean for the altcoin market, for AltSignals price? Largely, declines for Bitcoin have seen the broader market react lower. 

Likewise, a mega rally has often injected new upside momentum in altcoins, likely to be led by ETH as spot Ethereum ETF excitement builds up. A recent report showed 84% of crypto investors see Bitcoin hitting a new all-time high in 2024.

AltSignals: Trading signals enhanced by AI

AltSignals has consistently returned win rates averaging 64%. Traders have benefitted from thousands of signals across stocks, crypto and forex among other markets.

With business on the upside since its debut in 2017, this trading signals platform is now getting ready for the next chapter of growth. It seeks to capitalize on the Artificial Intelligence (AI) boom by integrating a new AI stack dubbed ActualizeAI.

The platform aims to increase its algorithm’s average win rate from 64% to over 80%.

Elsewhere, the AltSignals roadmap includes the licensing of ActualizeAI and launch of Actualize Pass NFT marketplace. There are also plans to partner with other platforms to enhance adoption.

The native token is ASI, which offers holders access to the AI ecosystem.

AltSignals price prediction: Will ASI token explode 2024?

The ASI token recently listed on the decentralized exchange (DEX) platform Uniswap, having successfully navigated its presale that closed in December last year.

As the AI narrative strengthens and crypto markets expand, AltSignals (ASI) looks primed to be one of the top investing opportunities in the market. In the short term, a dip across the market may see ASI token struggle too.

If the market rallies as anticipated amid Bitcoin’s halving and other tailwinds, the value of ASI could rise significantly. The potential for the AltSignals’ price to 100x is there given the likely demand for ActualizeAI.

The post AltSignals (ASI) outlook amid expert’s “huge” Bitcoin (BTC) prediction appeared first on CoinJournal.

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Memeinator presale to stage 16 as AI token demand sees Worldcoin hit a record

  • Memeinator presale has raised nearly $5 million.
  • AI tokens have seen increased demand as WLD reaches a new record price.
  • MMTR benefits from AI trends and use cases in Web 3.0.

Memeinator’s (MMTR) presale success was underlined yet again as the token quickly sold out in Stage 15. Now, in presale stage 16, investors have bought more than $4.994 million worth of tokens. Memeinator, despite being non-AI token, has been benefiting from the growing popularity of generative AI. That’s partly because it capitalises on AI to grow its role as a meme coin terminator. As this happens, Sam Altman’s AI token, Worldcoin (WLD), reached a new record price. The confluence of factors benefits Memeinator in its endeavour to become the most traded meme coin. Let’s discover more.

The rising demand for AI tokens pushes Worldcoin to a record

Worldcoin is a token on demand. After launching last year with pomp and colour and a bit of controversy, the token is back to its best. Increased speculation in AI cryptocurrencies saw WLD reach a record price above $9.

Similarly, Worldcoin’s Worldapp saw increased signups last week. The number of daily users rose past 1 million, the key possible reason for the rise in the price of the token.

Investors, from stocks to cryptos and applications, have been rushing to invest in AI-facing projects. This comes amid expectations that AI will become the next big thing. AI company stocks such as NVIDIA are also trading at elevated levels in line with these expectations.

Launched in July 2023, Worldcoin debuted with its unique plan of giving users a global digital identity. Crafted from the depths of AI, Altman hoped that the ID would provide users with a tamper-proof identity. Consequently, WLD price has benefited from increased demand for AI assets. 

Memeinator: A meme presale benefiting from AI and GameFi trends

Since launching a presale, Memeinator has been in high gear. Investors have been attracted to the project’s unique role in the meme sector and utilities in Web 3.0.

Memeinator pushes the boundaries of what was considered realistic with its idealistic meme promise. The project focuses on destroying meme cryptocurrencies that have failed in their quest to offer value. This is informed by the fact that the rapid growth of memes has seen low-quality and non-original coins thrive.

The project’s mantra is simple: feed these subpar tokens into a playable game and destroy them. Players engage in enemy combats consisting of the target tokens to take them into oblivion. This unique promise has resonated well with the meme community, who have quickly embraced the project.

From the project’s focus, Memeinator leverages GameFi trends, a key feature fueling adoption. Besides, AI informs the identification of target coins. The AI scans the web for enemy projects for destruction. Using AI is an advantage to Memeinator as it can leverage the current trends to become famous.

By playing a never-ending role in meme crypto destruction, many analysts expect Memeinator to become viral. As such, Memeinator will grow popular and become the most traded meme coin. The focus is to become a more than $1 billion market cap giant and dislodge its peers from the top.

To keep the momentum strong, Memeinator has set aside 15% of the amounts raised in presale for marketing. The project invests heavily in marketing and focuses on listing the token on the best exchanges. This has set MMTR for a robust trajectory of price increases and profitability.

Memeinator: Should you invest in Memeinator?

A presale success tips Memeinator token for a huge success. The project is now past halfway through the presale in Stage 16 out of the total 29 stages. The token is expected to be listed soon, upon which increased demand will unlock its price.

MMTR’s price also rises at every stage of the presale. Investors might want to capitalise on the token before the next stage by buying MMTR at an attractive price.

To invest in the Memeinator presale, investors can visit the project’s official website page.

The post Memeinator presale to stage 16 as AI token demand sees Worldcoin hit a record appeared first on CoinJournal.

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Circle and OVERDARE partner for mobile gaming and web3 integration

  • OVERDARE partners with Circle for Web3 integration in mobile gaming, empowering creators worldwide.
  • Integration of Settlus network by OVERDARE ensures transparent revenue distribution on blockchain.
  • The global launch of the OVERDARE platform is expected in the second half of 2024.

In a significant milestone in the convergence of blockchain technology and mobile gaming, OVERDARE, a joint venture backed by gaming giants KRAFTON and NAVER Z Corporation, has announced a strategic partnership with Circle Internet Financial.

This collaboration aims to reshape the landscape of mobile user-generated content (UGC) gaming by integrating Circle’s Programmable Wallets into the OVERDARE platform, facilitating seamless transactions and empowering creators worldwide.

Empowering creators with web3 integration

At the core of this alliance lies OVERDARE’s innovative UGC mobile gaming platform, aptly named OVERDARE. Designed with advanced AI-generative tools and features, the platform promises an immersive experience tailored to both gamers and creators. Additionally, OVERDARE introduces the ‘OVERDARE Studio,’ a comprehensive PC-based creative suite offering innovative tools for creators to personalize gaming experiences within the platform.

To enhance the creator-centric ecosystem further, OVERDARE integrates the Settlus network, simplifying interactive content licensing and enabling transparent revenue distribution on the blockchain. This integration streamlines asset ownership, licensing, and monetization, fostering a scalable model for creators across different platforms.

In a bid to revolutionize IP and income management, OVERDARE leverages Circle’s Programmable Wallets for IP trading and USDC revenue payouts. This solution ensures a seamless transition for creators from traditional Web2 platforms to Web3, emphasizing user-friendly asset management and secure transactions. The partnership with Circle provides creators with reliable access to their earnings, empowering them to thrive in the burgeoning metaverse and gaming sectors.

As the global launch of the OVERDARE platform approaches in the second half of 2024, excitement continues to build within the gaming and blockchain communities. This partnership signifies a significant step towards realizing the potential of Web3 integration in mobile gaming, empowering creators and revolutionizing the digital entertainment landscape.

The post Circle and OVERDARE partner for mobile gaming and web3 integration appeared first on CoinJournal.

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Ethereum price sits comfortably above $3k as Bitcoin Dogs thrives

Ethereum price made a strong bullish breakout during the weekend as it remained comfortably above the resistance at $3,000. It has risen in the past three straight weeks and is hovering at its highest point since April 18th. The coin has jumped by more than 258% from the post-FTX crash low. Meanwhile, Bitcoin Dogs has continued to gain popularity as it raised over $4.4 million.

Ethereum price surges

ETH has made a strong bullish breakout in the past few days even as Bitcoin has remained in a narrow range. The coin now sits above the important resistance point at $3,000 and analysts believe that it has more upside going forward. 

It has jumped as investors anticipate more demand ahead of a potential spot ETF approval. Eight companies like VanEck, Blackrock, and Franklin Templeton have all applied for a spot ETF. As such, following the recent approval of a BTC ETF, analysts believe that the SEC will have no choice but to approve it.

Therefore, the ongoing ETH surge mirrors that of Bitcoin, which jumped sharply ahead of its ETF approval a few months ago. It moved from less than $25,000 to over $45,000 towards the spot ETF approval.

Notably, demand for Bitcoin has remained at an elevated level as companies like Blackrock, Fidelity, and Ark Invest have added billions of dollars in inflows. Only the Grayscale Bitcoin Trust (GBTC) has lost money, which is understandable because of its substantial fees.

Ethereum price has also jumped because of its strong market share in key industries like Decentralized Finance (DeFi) and gaming. Some of its key dApps like Uniswap and Compound jumped during the weekend after the recent proposal to reward UNI holders.

Bitcoin Dogs is thriving

The other notable crypto news is that Bitcoin Dogs, an upcoming cryptocurrency is thriving. Data compiled by its website shows that the developers have now raised over $4.4 million in less than two weeks and inflows are growing daily.

This is a major move since it is happening at a time when Bitcoin has stalled at $51,000 and has struggled to move above that level several times in the past few days. However, on the positive side, the coin has formed a bullish flag pattern, which is a positive thing.

For starters, Bitcoin Dogs is an upcoming cryptocurrency that is the first ICO in Bitcoin’s ecosystem. It will be made of a collection of 10,000 NFT collection and a gaming platform. Bitcoin Dogs will also have the $ODOG token that will power the network.

Therefore, there is a likelihood that Bitcoin Dogs will continue thriving now that it has a bullish momentum. If this happens, the most likely scenario is where it raises over $5 million in the coming days. You can read more about Bitcoin Dogs in this white paper.

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