Monat: März 2024

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Bitcoin sets a new all-time high at $73k: Will it rally higher ahead of the halving?

Key takeaways

  • Bitcoin has set a new all-time high of $73k and could soar higher in the short term. 

  • The Bitcoin Dogs presale will end in two days and the project has raised more than $10 million so far. 

Bitcoin sets a new all-time high at $73k

Bitcoin has set a new all-time high price for two consecutive days this week. BTC surged to a new all-time high on Tuesday after trading around the $73k region. The milestone came after BTC added more than 1% to its value on Tuesday, 

The world’s leading cryptocurrency by market cap has slightly retraced. At press time, the price of Bitcoin stands at $72,060, up by less than 1% in the last 24 hours. 

Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.4 trillion mark, overtaking Silver as the eighth-largest asset in the world. BTC could soar higher ahead of the Bitcoin halving, which is roughly 38 days away. 

What is Bitcoin Dogs?

As Bitcoin is soaring, projects on the Bitcoin blockchain are also attracting interest from investors. Bitcoin Dogs is one of the projects that is fast becoming a favourite amongst investors. 

Bitcoin Dogs is a unique project as it is the first BRC-20 ICO on the Blockchain network. This project intends to offer investors an exciting value proposition by combining the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture. 

The Bitcoin Dogs ICO has attracted investors within the Web3 ecosystem and has raised more than $10.5 million so far. The presale will end in two days and the token will launch on decentralised and centralised exchanges. 

The presale began a few weeks after spot Bitcoin ETFs in the US launched. The spot Bitcoin ETFs launched by BlackRock, Fidelity, and others are raking in record numbers as more investors buy into the Bitcoin dream. 

Furthermore, the the Bitcoin halving is only 38 days away, and it is an exciting event that could see BTC’s price soar higher in the near term. These factors make the Bitcoin Dogs’ ICO a special one in the market. 

Bitcoin Dogs is a pacesetter as it is the first BRC-20 ICO on the Bitcoin network. The project will be powered by its native $0DOG token. 

Bitcoin Dogs presale surpasses $10.5m

The Bitcoin Dogs presale has already raised more than $10.5 million less than a month after it was launched. The $10.65 million raised so far indicates rising interest amongst investors for this project and its token. 

The tokenomics show that Bitcoin Dogs will only mint 900 million $0DOG tokens. However, token holders would be granted access to an exclusive NFT collection and an immersive gaming ecosystem. 

The presale will end in two days, lasting for a total of one month. Bitcoin Dogs is already taking advantage of the rarity and novelty of BRC-20 to raise millions of dollars that would help it develop its products. 

$0DOG tokens would be minted on the Bitcoin blockchain. However, investors will buy them on ERC-20. This is due to the popularity of ERC-20 tokens. After purchasing the tokens with ERC-20 tokens, investors will provide a BTC wallet address and receive $0DOG tokens. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.

Click here to learn more about the Bitcoin Dogs presale.

Should you invest in the Bitcoin Dogs before the presale ends?

The Bitcoin Dogs presale ends in two days and the numbers recorded so far have been impressive. The project is leveraging Bitcoin’s ongoing rally and its token could also benefit from the Bull Run. 

Bitcoin Dogs is the first ICO on the Bitcoin blockchain and is already attracting interest from investors. The project gaining massive adoption in addition to the ongoing bullish cycle could see its $0DOG token become one of the biggest winners in the market over the next few months and years. 

The post Bitcoin sets a new all-time high at $73k: Will it rally higher ahead of the halving? appeared first on CoinJournal.

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Injective, AVAX prices surge as Memeinator token listing nears

Cryptocurrency prices were mixed on Wednesday as some investors started to take profits after the strong US inflation report. Bitcoin was hovering around the resistance at $72,000 while Ethereum rose slightly. 

Injective (INJ) and Avalanche (AVAX) were some of the top-performing cryptocurrencies as they jumped by over 20%. The other gainers were coins like Near Protocol, Ordi, Celestia, Algorand, and THORChain. Memeinator also continued doing well as its token sale crossed the $6.4 million mark.

Injective and Avalanche were top gainers

Avalanche was one of the best-performing cryptocurrencies as it surged to its highest level since May 2022. At its peak, the coin was up by more than 550% from its lowest point in 2023. 

Injective also made a strong bullish breakout as it jumped to its highest point on record. It rose to $52, making it one of the top-performing cryptocurrencies since it was trading at $0.64 in October 2020. This means that $10 invested in the coin back then is now valued at over $800.

Avalanche and Injective coins jumped as the crypto fear and greed index remained above the extreme greed zone of 85. In most cases, altcoins tend to do well in such market conditions, which explains why most altcoins have surged recently.

Their ecosystem growth has accelerated in the past few months, Data shows that the number of Avalanche addresses has jumped to over 76k while the Total Value Locked (TVL) has soared to $1.7 billion. It is the eighth-biggest blockchain in the world. 

Injective, a platform that is backed by Mark Cuban and Polychain Capital, has also seen strong inflows recently. Its TVL has jumped to a record high of $177 million, helped by the likes of Hydro Protocol, DojoSwap, Helix, and Mito Finance. Helix has become one of the top DEXes in the market handling almost $100 million worth of tokens in the past 24 hours.

Memeinator token sale is going on

Meanwhile, Memeinator is another top-performing player in the crypto industry. The developers have now raised over $6.4 million as it has moved to its 18th stage. It now has two more stages to go before the token sale ends. After ending, the token will be listed in key centralised and decentralised exchanges.

For beginners, Memeinator is an upcoming cryptocurrency project that aims to benefit from three key themes in the market. It aims to benefit from key areas like meme coins, artificial intelligence (AI), and gaming.

Meme coins like Floki, Pepe, and Bonk have been some of the top-performing cryptocurrencies this year. Data shows that all meme coins have a market cap of over $65 billion. 

AI, on the other hand, has become the fastest-growing technology, which has helped Nvidia become a $2 trillion company. Gaming tokens like Axie Infinity and Gala Games have become some of the top-performing coins in the market. 

Therefore, Memeinator developers hope that these themes will help to propel its market cap to millions or even billions of dollars. You can buy the MMTR token here.

The post Injective, AVAX prices surge as Memeinator token listing nears appeared first on CoinJournal.

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ETH touches $4K for the first time since 2021: which ERC-20 meme coin will top 2024?

Ethereum ($ETH) has just smashed through a major resistance level, skyrocketing to $4,000 for the first time since late 2021. This bullish surge arrives amid a broader market surge, with Bitcoin hitting all-time highs and the entire crypto space witnessing significant expansion.

Amidst the long list of contenders, which memecoin stands out as a potential top player in 2024? Many analysts have their eyes firmly fixed on Galaxy Fox, with some predicting it could prove to be the best upcoming ICO project right now. With a fusion of memecoin charisma and a feature-packed play-to-earn (P2E) ecosystem, Galaxy Fox could be primed for an astronomical rise.

Ethereum’s stellar rise: a perfect storm of factors

Several key factors are contributing to $ETH’s impressive climb. Speculation surrounding a potential spot Ether ETF approval in the US is a major driver. These exchange-traded funds enable traditional investors to easily gain exposure to cryptocurrencies without the complexities of directly owning them. The recent approval of spot Bitcoin ETFs has fueled investor appetite for similar vehicles in the Ethereum space, and a green light from regulators could trigger a significant influx of new capital.

Beyond the ETF hype, Ethereum’s upcoming Dencun upgrade scheduled for March 13th is also adding tailwinds. This technical upgrade aims to improve scalability and reduce transaction fees on the Ethereum network, particularly for layer-2 solutions built on top of it. Lower fees are a game-changer for user adoption, making decentralized applications (dApps) and DeFi protocols more accessible.

While the future remains uncertain, the current market sentiment surrounding $ETH is undeniably bullish. Technical indicators suggest there’s room for further growth in the short term as highlighted in our Ethereum price prediction, and a successful Dencun upgrade could further bolster investor confidence.

However, the crypto market is notoriously volatile, and unforeseen events or regulatory changes can trigger corrections.

The rise of the ERC-20 memecoins: will one take the crown in 2024?

In the crowded field of ERC-20 memecoins, Galaxy Fox is emerging as a serious contender for the best upcoming ICO. This project goes beyond the typical meme coin formula, offering a compelling blend of features that cater to both casual meme enthusiasts and hardcore gamers.

Here’s why some analysts are predicting Galaxy Fox has the potential to be the biggest memecoin winner of 2024:

  • Galaxy Fox isn’t just about funny dog pictures and viral tweets. They’ve integrated a captivating web3 endless runner game where players can hone their skills and earn real rewards in the form of $GFOX tokens. This P2E model not only fuels the meme coin hype but also generates a valued user experience that keeps players engaged. 
  • Galaxy Fox has NFTs. They’re launching a collection of 3,000 unique NFTs, each with special in-game abilities. Imagine dominating the competition with the coolest NFT assets that boost your character’s attributes. These digital collectibles will be available for purchase on the Galaxy Fox marketplace, fostering a thriving trading environment within the ecosystem. 
  • This crypto understands the power of a good meme and it also recognizes the importance of long-term utility. This hybrid approach positions them to capitalize on both the meme coin craze and the burgeoning P2E gaming space. 
  • The Galaxy Fox presale is currently in Stage 9, with tokens available at a highly attractive price of $0.002376. With over $4.3 million already raised and a passionate community growing by the day, things are heating up fast. The next stage is just around the corner, with a slight price increase to $0.00264.

Final thoughts

If you’re intrigued by the potential of the best upcoming ICO, Galaxy Fox, and the exciting world of memecoins with real-world utility, head over to their website to learn more about their project and the P2E game.

For updates about $GFOX join the Community.

 

The post ETH touches $4K for the first time since 2021: which ERC-20 meme coin will top 2024? appeared first on CoinJournal.

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3 days left: Bitcoin Dogs presale surpasses $10M as countries open doors to US spot ETFs

  • Bitcoin Dogs presale ends on March 15, and the listing will be in Q1 2024.
  • The presale has raised over $10 million amid a market frenzy of the first Bitcoin ICO.
  • Bitcoin Dogs’ presale frenzy could fuel strong price moves after listing.

Bitcoin Dogs ($0DOG) looks set for the next phase: listing on exchanges. 3 days to the end of the frenzy presale, Bitcoin Dogs has raised more than $10 million. Notably, this amount has been raised in precisely 26 days. This cementing Bitcoin Dogs as one of the most successful presales and a token with huge potential. With this, investors are optimistic about post-listing gains due to Bitcoin Dogs’ association with Bitcoin. Meanwhile, the price of Bitcoin hit a new record above $72,000. This comes as more institutions embrace the US spot Bitcoin ETFs, and the halving event nears. Let’s dive in to discover more about Bitcoin Dogs and the inevitable boosts from Bitcoin.

Thailand to allow certain investors to invest in US spot Bitcoin ETFs

Thailand’s market regulator has reportedly made changes to its rules to allow exposure to US spot Bitcoin ETFs. Local news suggests the regulator would allow ultra-high-net-worth individuals to get the spot ETF exposure. This is in addition to institutions in the country.

Previously, Thailand’s Securities and Exchange Commission Act did not cover digital asset ETFs. Asset managers were only allowed to provide trading for security-classified assets. Upon approving the spot Bitcoin ETFs in the US, Thai regulations recognized the assets as securities.

In addition, India’s crypto investment platform Mudrex will offer spot Bitcoin ETFs to investors. The offerings will be for retail and institutional investors. Mudrex Founder and CEO Edul Patel says the products (spot ETFs) will be valuable to institutions. Mudrex will list spot ETFs from BlackRock, Fidelity, Vanguard, and Franklin Templeton in the first phase. The company will be the first in India to offer the service. 

The increased uptake of spot Bitcoin ETFs drives the price of Bitcoin, which claimed a new record. This has bolstered Bitcoin Dogs as the first ICO from the legacy Bitcoin network.

About Bitcoin Dogs

Bitcoin Dogs is the first-ever presale on the Bitcoin blockchain. The virality of Bitcoin Dogs has been linked to the project’s association with Bitcoin.

But unlike Bitcoin, Bitcoin Dogs introduces new use cases such as gaming, NFTs and the metaverse. With 10,000 unique and collectible tokens, Bitcoin Dogs will be the biggest Bitcoin ordinals NFT collection. The NFT feature has boosted Bitcoin Dogs, with the sector expected to make a comeback after a turbulent season.

Similarly, Bitcoin Dogs owners will have immersive experiences through the metaverse-themed Dogaverse. They get a chance to be involved in exciting game plays, dog training, and contests. Users can also trade their dogs on a decentralised market. This opens up new opportunities for investors in the ever-evolving world of Web 3.0.

Bitcoin Dogs presale frenzy rises a few days to climax

Bitcoin Dogs presale has been short and precise, happening in just one month. This has seen investors buy the tokens in numbers, helping the project raise more than $10 million. With the March 15 deadline fast approaching, more purchases are happening, coinciding with BTC’s bull market.

In this short period of presale, Bitcoin Dogs has set aside 90% of 900 million tokens up for grabs. To make it a worthwhile purchase for early birds, the token’s price rises at each stage. This allows early presale buyers to benefit from purchasing lowly priced tokens and increase value over time. 

Once the presale ends, the token will be listed in Q1 2024. Advanced features, such as the NFT debut, the game beta, and partnerships, will follow in Q2. The clear roadmap, high speculation, and use cases cements Bitcoin Dogs’ potential and attracts investors.

To purchase Bitcoin Dogs while on presale, investors can visit the official website page.

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Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

  • Bitcoin (BTC) eyes $80K amid institutional FOMO & strong hodling.
  • Ethereum (ETH) bullish, targets $4,868 ATH with robust technicals.
  • AltSignals (ASI) set a new ATH at of $0.006026.

In the fast-paced world of cryptocurrency trading, accurate price predictions are highly sought after by investors looking to make informed decisions. Today, we delve into the latest price predictions for three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and AltSignals (ASI).

These predictions are based on a combination of market analysis, technical indicators, and industry trends.

Bitcoin price prediction: eyes on $80,000

Bitcoin, the pioneering cryptocurrency, is experiencing a surge in momentum, recently reaching a new peak of $72,800 on Binance.

Analysts speculate that the price could climb even higher, potentially touching the $80,000 psychological level.

The market is currently witnessing institutional FOMO (fear of missing out), as BTC holders show resilience, refraining from significant sell-offs.

Technical indicators, such as the Relative Strength Index (RSI), continue to show strength despite overbought conditions. This suggests that Bitcoin might extend its upward trajectory.

However, profit-taking could lead to a pullback, with key support levels identified at $69,000 and the supply zone between $62,278 and $65,618.

Ethereum price prediction: expected to reclaim its ATH

Ethereum, not to be outdone, is displaying robust performance, holding above $4,000. With an impressive 85% increase since the start of the year, ETH is poised to reclaim its all-time high of $4,868.

The Awesome Oscillator (AO) and RSI signal strong buyer presence and rising momentum, indicating the potential for a 20% climb.

In case of a pullback, Ethereum may find support around $3,602, providing an opportunity for traders.

AltSignals’ ASI token and ActualizeAI ecosystem

AltSignals is set to revolutionize the trading landscape with ActualizeAI, a groundbreaking upgrade incorporating artificial intelligence, machine learning, and natural language processing.

The AltSignals platform aims to leverage these technologies to provide a fully automated and 24/7 trading capability, improving accuracy and risk management while offering advanced sentiment analysis support.

The ASI token, integral to the AltSignals ecosystem, was recently been listed on Uniswap after a successful presale that raised 1.8 million. At press time, the ASI/USDT trading pair on Uniswap v3 was trading at $0.005964, 52.56% higher than its all-time low price of $0.003913 recorded on March 5, 2024.

Although, rising at a sluggish pace, the ASI token hit an all-time high of $0.006026 on March 11, 2024, and analysts expect it to ride the current bullish market sentiment and AI hype and possibly drop a zero by April.

Beyond trading on Uniswap, ASI holders currently have the opportunity to stake their tokens, earning rewards of up to 25% in the ongoing ASI staking program.

As a deflationary token, ASI comes with a countdown mechanism, providing access to evolving ActualizeAI trading products and contributing to increased token value.

ActualizeAI introduces an AI Members Club, rewarding participants with ASI tokens for contributions to product development, backtesting, feedback, and ideas. It emphasizes community governance, allowing token holders to influence the project’s direction.

What does the future hold for ASI holders?

Looking ahead, AltSignals has outlined a transparent roadmap, ensuring the community’s involvement and maximizing value for token holders. The roadmap spans quarters, with milestones such as token presale launch, AI model development, dashboard design, burn & staking mechanisms, and partnership acquisitions.

ActualizeAI’s roadmap includes the development of a real-time dashboard and notifications powered by a sentiment analysis engine. New AI product releases, a 2-Click onboarding design, and increased global marketing efforts are anticipated in the coming quarters.

AltSignals’ success is underscored by its head start as an established business in 2017. 

With a loyal community of 50,000 signal users, this predictive machine learning is poised to revolutionize trading indicators, providing a unified platform for both traditional and cryptocurrency markets.

As AltSignals continues to capture global investor interest, the integration of ActualizeAI promises to disrupt the trading industry, providing traders with cutting-edge tools and technologies for a seamless and empowered trading experience.

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