Weil die Kraken-Tochter Bit Trade ihre Finanzprodukte nicht ordnungsgemäß für Verbraucher gekennzeichnet hat, muss die Kryptobörse nun wohl Strafen zahlen.
USDD nicht mehr mit Bitcoin besichert – Justin Sun bügelt Bedenken der Community ab
Ohne vorherige Ankündigung oder Abstimmung hat Justin Sun eigenmächtig alle BTC aus der Besicherung des USDD entfernt, was der Tron-Gründer jedoch nicht als problematisch verstanden haben will.
Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments
- Bitcoin Dogs (0DOG) surged by over 2.7x on debut, now stabilized around $0.03.
- Sun Token (SUN) has risen by over 127% to a high of $0.02568, driven by positive Tron ecosystem developments.
- Both 0DOG and SUN are poised for growth, with bullish trends and strong fundamentals.
As the cryptocurrency landscape evolves, certain tokens are making significant waves, capturing the attention of investors and analysts alike. Bitcoin Dogs (0DOG) and Sun token (SUN) are two notable examples, each experiencing substantial growth amid a bullish market.
This article delves into the recent performance of these tokens and offers insights into their future trajectories, reflecting the broader bullish sentiment in the crypto space.
Bitcoin Dogs (0DOG) pump after listing, can it maintain the momentum?
Bitcoin Dogs ($0DOG), the world’s first ICO on the Bitcoin BRC20 token, has made a remarkable entrance into the cryptocurrency market. The $0DOG token has been listed on three major exchanges: MEXC, Gate, and UniSat, and its debut was nothing short of spectacular.
On its first trading day, according to Gate.io data, $0DOG experienced an impressive surge, climbing over 2.7x to reach $0.12270 before stabilizing around $0.043 before the end of the day.
Although the token price has since dropped to around $0.03025 at press time, the initial pump highlighted the strong market demand and the robust technical support that 0DOG enjoys.
The success of 0DOG’s launch can be attributed to a combination of factors, including the anticipation built during its presale phase, which raised $13.4 million.
The token’s performance reflects investor enthusiasm and confidence in its potential. Despite some early profit-taking, $0DOG has stabilised around its launch price, establishing firm support. This resilience suggests that the token has a strong buyer base, similar to other successful meme coins like PEPE, which saw significant long-term gains despite initial volatility.
Looking ahead, the outlook for Bitcoin Dogs appears promising. Analysts are optimistic about 0DOG’s potential to capitalize on the anticipated bullish trends in Bitcoin’s price action. With Bitcoin’s price expected to surge in Q4, 0DOG is well-positioned to benefit from the broader cryptocurrency market’s growth.
Additionally, the integration of Bitcoin Dogs into the Telegram gaming sector, with its unique blend of Tamagotchi-style gameplay and PvP battles, is set to attract a significant user base, further enhancing the token’s growth prospects.
The upcoming developments, including staking opportunities, NFT collections, and game beta releases, will likely drive additional interest and investment in 0DOG.
SUN token future outlook amid bullish market sentiment
Sun token, the native token of SUN.io platform has also been making headlines with its recent price movements. The SUN.io platform is TRON’s first one-stop platform that supports stablecoin swap, token mining and self-governance.
Over the past seven days, SUN token price has seen a dramatic increase, rising over 127% to a high of $0.02568, its highest level since 2022.
This rally pushed its market cap to over $182 million and represented a 143% increase from its lowest point earlier in the month. The token’s impressive performance is a testament to the growth of the Sun ecosystem as the broader Tron ecosystem sees spontaneous growth buoyed by positive developments such as the launch of the SunPump platform.
The SunPump platform, which has already accumulated over $1.5 million in assets, is driving increased interest in SUN. The platform’s success in generating new meme coins and its comparison to Pump.fun, a notable meme coin generator, underscores its potential impact on SUN’s value.
In addition to the SunPump platform’s success, the broader Tron ecosystem has also contributed to SUN’s positive trajectory. The Tron blockchain has demonstrated substantial growth, with over 2.36 million active addresses and a market cap of over $59.54 billion for stablecoins. The ecosystem’s expansion enhances the overall value proposition of SUN.
Looking forward, SUN’s future prospects are closely tied to the continued success of the SunPump platform and the overall growth of the Tron ecosystem.
As a majority of Tron-based tokens continue to experience bullish sentiments, SUN is well-positioned to capitalize on these trends, potentially reaching new heights. With the recent upgrade to its contract and ongoing ecosystem developments, SUN’s upward momentum is expected to continue, making it a token to watch in the coming months.
Conclusion
Both Bitcoin Dogs (0DOG) and Sun (SUN) are poised for significant growth, driven by bullish market sentiments and strong underlying fundamentals.
As these tokens navigate their respective trajectories, they offer promising opportunities for investors looking to capitalize on the evolving cryptocurrency landscape.
If interested in Bitcoin Dogs (0DOG) it is currently available on MEXC, Gate, and UniSat. You could also visit the official Bitcoin Dogs website to learn more about the cryptocurrency.
The post Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments appeared first on CoinJournal.
Partnerin von FTX-Manager wegen illegaler Wahlkampfspenden angeklagt
Michelle Bond, die im Jahr 2022 um einen Sitz als Kongressabgeordnete kandidierte, sieht sich nun mit einer Anklage wegen illegaler Wahlkampffinanzierung konfrontiert.
Sony launches Soneium blockchain to drive mainstream web3 adoption
- Sony launches Soneium blockchain to drive mainstream web3 adoption.
- Soneium focuses on scalability, built on Optimism’s Superchain.
- Soneium rollout will be in a three-phase plan: onboarding developers, integrating Sony products, and expanding to enterprises.
Sony has officially entered the blockchain arena with the launch of its own network, Soneium, developed in collaboration with Singapore-based Startale Labs.
The initiative, unveiled on August 23, marks a significant step in Sony’s strategy to push web3 technology into the mainstream.
Introducing #Soneium by #Sony Block Solutions Labs building a public Ethereum layer 2 next-generation blockchain ecosystem designed to invoke emotion and empower creativity.
Soneium aims to connect Web3 with everyday internet services, making blockchain technology more… pic.twitter.com/I7zAIbB5Td
— Soneium 💿 (@soneium) August 23, 2024
The Soneium blockchain
Soneium is designed as a public Ethereum layer-2 network, built on Optimism’s Superchain. It aims to overcome some of the most pressing challenges hindering blockchain adoption, such as scalability and efficiency.
The infrastructure for Soneium has been supported by industry leaders, including Circle, Chainlink, Alchemy, Astar Network, and The Graph.
The blockchain will initially target web3 developers and enthusiasts. According to Sota Watanabe, CEO of Startale Labs, the first year will focus on onboarding these core users. In the subsequent year, Sony plans to integrate a range of its own products, such as Sony Music, Sony Pictures, and Sony Bank, into the platform.
By the third year, the company aims to open up Soneium to other enterprises and decentralized applications (dApps), creating a diverse ecosystem that encourages broader adoption.
Soneium testnet
In conjunction with the Soneium blockchain launch, Sony has rolled out a Soneium testnet in partnership with Astar Network. This testnet will provide developers with a fully-featured framework and built-in tools, allowing them to experiment and build applications ahead of the public release.
Astar’s zero-knowledge Ethereum virtual machine (zkEVM) will also be integrated with Soneium, enhancing its capabilities with features like liquidity provision and support for both fungible and non-fungible tokens (NFTs).
Sony wants to achieve internet-level scalability
Sony’s foray into blockchain is not without precedent. The company had previously acquired the Whalefin crypto exchange, which has since been rebranded as S.BLOX.
In 2018, Sony embarked on building a blockchain-enabled rights management system for digital content. In 2023, Sony Network Communications, a business division of The Sony Group, announced a strategic partnership with Astar Network to set up a web3 incubation program.
Sony’s ambitious plans for Soneium reflect its belief in blockchain as a transformative technology capable of decentralizing the internet and empowering users.
With a goal of achieving “internet-level scalability,” Sony is positioning Soneium as a key player in the future of web3.
This move by Sony underscores the growing momentum in the blockchain space, as major corporations increasingly explore and invest in decentralized technologies.
The post Sony launches Soneium blockchain to drive mainstream web3 adoption appeared first on CoinJournal.