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Here’s why OKB price spiked 20% today

  • OKB token surged more than 20% to hit highs of $61.29 on Jan. 17.
  • The altcoin, native to the OKX exchange, rose as the community reacted to news around Azuki’s Animecoin (ANIME).

OKB registered a price surge 20% higher. The price surge follows OKX adopting OKB as the primary token for mining Animecoin which is their maiden project aimed at revolutionizing the Anime industry.

On Friday Jan 17, the price of OKB, the native token of the OKX ecosystem rose by 20% posting a high of $58.86. This came after the crypto platform chose it as the primary token for mining Animecoin (ANIME), the Azuki backed token.

OKX Jumpstart and ANIME tokens

The OKX Jumpstart staking program  is set to begin mining Animecoin on Jan 20. The OKB users can stake their OKB and BTC tokens to gain Anime tokens.

The program will run from Jan 20 to Jan 23.

While there is no minimum limit for staking for the holders of OKB and BTC tokens, maximum staking limit is set at 600 OKB and 0.3 BTC ($30,000). Staking and unstaking is permissible at any given time.

Of the 10 billion total token reserve, a share will go to the active participants in the OKX Jumpstart event. 50.5% of the total supply will be apportioned to the community. 37.5% of the token will go to the Azuki community who are the very first supporters of Animecoin while Community Cultivation which is held by future AnimeDao will get 13%. The 13% will be used as community incentives and initiatives.

Partner communities will also get 2% share.

The Anime token Listing

The Anime token is set for listing on both the Ethereum and Arbitrum platforms on Jan 23. Sources indicate that the token will stir up great following among the Anime users,its creators and revolutinize the the anime ecosystem to a great deal.

The post Here’s why OKB price spiked 20% today appeared first on CoinJournal.

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Online gambling market to hit $161B in 5 years, new data reveals

  • Online gambling is projected to hit $161B by 2030.
  • The growth is expected to be driven by tech, the easing of regulations, and the increasing crypto use in the space.
  • The market must however overcome challenges like cyber threats and addiction risks.

In a groundbreaking revelation from the latest gambling market analysis by Research and Markets, the online gambling sector is on track for significant expansion, with projections indicating a valuation of USD 161.32 billion by 2030. 

This growth trajectory, marked by a compound annual growth rate (CAGR) of 10.57%, underscores the digital transformation sweeping through the gambling industry, fueled by technological advancements and shifting regulatory landscapes.

Factors driving the online gambling market growth

At the moment the online gambling market is thriving as a result of several converging factors. Foremost among these is the relentless rise in smartphone adoption and global internet penetration. 

With more people gaining access to high-speed internet and mobile devices, the ease of accessing gambling platforms has never been greater. This has democratized gambling, bringing it to the fingertips of millions who previously might not have engaged with traditional gambling establishments.

Another pivotal driver behind this market boom is the gradual liberalization of online gambling regulations. 

Governments in numerous countries are recognizing the revenue potential of legalizing and regulating online gambling, thereby reducing the stigma and legal barriers that once hindered its growth. This regulatory thaw has not only legitimized the industry but also opened up new markets, particularly in regions previously restricted by stringent gambling laws.

The integration of cutting-edge technologies has also played a crucial role. Virtual Reality (VR) is beginning to offer players immersive casino experiences from the comfort of their homes, while the adoption of cryptocurrencies has revolutionized payment methods in the sector. 

The rise of online crypto casino platforms, where players enjoy the anonymity, security, and speed that digital currencies provide. This technological leap has not only attracted a tech-savvy demographic but also those interested in the novelty and efficiency of crypto transactions.

Looking forward, the report highlights significant opportunities in emerging markets, particularly in Asia and Latin America, where internet usage is skyrocketing. Here, the growth potential is vast, as these regions catch up with digital trends. 

Moreover, ongoing advancements in AI and blockchain technology are poised to further personalize user experiences and ensure transaction transparency and security, respectively.

For businesses in the sector, the path forward involves not just keeping up with but anticipating technological trends. 

There’s a strong recommendation for enhancing data privacy measures to build trust among users, alongside innovative marketing strategies that leverage social media to tap into younger demographics. The ability to adapt to regulatory changes and cultural nuances will also be key to maintaining and expanding market share.

The challenges that could impact growth

While this projected growth is impressive, Research and Markets did identify some potential challenges. 

Cybersecurity remains a paramount concern, with online gambling platforms being prime targets for cybercriminals looking to exploit vulnerabilities for financial gain or to disrupt services. 

However, the growing adoption of cryptocurrency payments by online gambling sites will play an important role in reducing those security risks, since advanced cryptography is a central component of all blockchain-based cryptocurrency solutions. 

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WEEX 2024 Annual Report: Over 5 Million Users, Daily Trading Volume Exceeds $5 Billion, Team Expands to 500+

In 2024, WEEX concluded the year with exceptional achievements and impressive growth. Through a commitment to innovation, security, and user empowerment, WEEX reached new heights as a global cryptocurrency trading platform. Looking ahead to 2025, the platform remains focused on revolutionizing the crypto trading experience for millions of users worldwide and redefining the future of crypto trading.

Key Achievements in 2024

150% User Growth

WEEX’s global active users have increased from 2 million to 5 million, with daily trading volume surpassing $50 billion and CoinMarketCap ranking jumping to the top 12. This strong growth stems from the trust and recognition of global users. WEEX offers over 1,500 trading pairs, multilingual support, top-tier liquidity, advanced security measures, and user-friendly trading tools to ensure users worldwide have an excellent trading experience.

Global Team Expansion to 500+ Experts

After a year of rapid growth, the WEEX team has expanded to over 500 people. This growth enables WEEX to continuously improve service quality, drive technological and product innovation, fully meet the increasingly diverse needs of global users, and further solidify our leadership position in the cryptocurrency trading field.

Legendary Football Star Michael Owen Appointed as WEEX Global Brand Ambassador

This year, WEEX is honored to have football legend Michael Owen as the global brand ambassador. Michael Owen’s leadership and professional spirit align closely with WEEX’s mission of pursuing excellence. This collaboration will further enhance WEEX’s international image, build user trust, and drive the platform’s continued development in global markets.

Platform Token WXT Reaches the ATH with 384%+ Surged Since Listing

Since the listing, WXT surged by an impressive 384%+, hitting an All-Time High (ATH) of $0.0339. Additionally, apart from the price surge, WXT offers attractive benefits, including airdrops, fee discounts, and a competitive 140% APY, solidifying its position as a standout asset in the market.

WEEX Trading Pairs Exceed 1500+, Platform Token WXT Surges by 384%

The WEEX platform token WXT skyrocketed by 101.03% within 24 hours, hitting a historic high of $0.0339, with a cumulative increase of 384% and an annualized yield of holding WXT reaching 140%. Meanwhile, WEEX platform futures and spot trading pairs have expanded from 400 to 1500+, providing industry-leading liquidity and ensuring a high-quality trading experience for users continuously.

1000 BTC Protection Fund to Boost Global User Confidence

Since 2021, WEEX has established a 1000 BTC Protection Fund to provide comprehensive security for user assets. Simultaneously, WEEX has accelerated its business expansion in multiple international markets, offering localized services and multilingual support to meet the increasingly diverse needs of global users and earn broad trust.

$200 Million Initiative: Collaborating with KOLs to Build a Market-Leading Copy Trading Platform

In 2024, WEEX invested $200 million to collaborate with tens of thousands of renowned Key Opinion Leaders (KOLs) such as The Moon Show, Crypto Banter, Professor Crypto, Bleeding Crypto, among others. Over 1000 KOLs have broken the $100,000 annual income mark through these partnerships. Leveraging the market-leading copy trading platform, WEEX users can easily replicate the strategies of top traders, empowering them to seize every profit opportunity.

Gratitude for Support and Companionship, Embracing a New Chapter in 2025

In 2024, every success of WEEX stems from the trust and support of global users, partners, and the community.

Looking ahead to 2025, WEEX will continue to drive change by:

  • Creating innovative trading tools and features to provide an excellent user experience.
  • Continuously expanding global market coverage to connect more traders and communities.
  • Upholding safety and reliability while introducing cutting-edge solutions.

The remarkable successes of WEEX in 2024 were largely attributed to the ongoing trust and support of its global community. The platform has expressed its deep appreciation to all users who contributed to its growth. Let’s look forward to 2025 and collaborate with you to create a new future in cryptocurrency trading! Visit the official WEEX website now to explore more trading opportunities and embark on your trading journey.

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KStarCoin and Quant traders discuss the benefits of switching to 1Fuel for better ROI

KStarCoin and Quant traders, in their bid for a higher return on investments, highlighted the need to join the 1Fuel presale. 

1Fuel, a soon-to-be-launched token that is making waves in the cryptocurrency space due to several feats, such as its unique functionalities and its impressive presale performance. 1Fuel has raised over $1.15 million in its just concluded second stage of presale. 

KSC and QNT, prominent tokens among other top cryptocurrencies, seem to have lost their luster as they have failed to make headway. 1Fuel is emerging as one of the best options, with some analysts predicting it has the potential to reach a 100x return on investment upon launch. 

The struggling of KSC 

Between November 10, 2023, and December 10, 2023, an interval of one month, KStarCoin (KSC) rose by over 1,011% from a price of $0.0002 to $0.00194, as seen on the TradingView chart, astonishing investors and making a name for itself as a top cryptocurrency. 

Investors looking to get in on the best cryptocurrency investments placed long bets on KSC hoping it would replicate its earlier success.  However, it has been struggling, unable to meet up with investors’ expectations. 

KStarCoin (KSC) currently trades at $0.000096 a range it has been hovering for months. Investors’ patience has died out and they are looking for better options. 1Fuel, the next best cryptocurrency investment, is their go-to as it offers a potential of up to a 100x return on investment. 

QNT’s bearish movement 

During the 2021 bull run, QNT climbed from its all-time low of $0.164 to an all-time high of $428 in November 2021, a remarkable 2600x increase according to CoinMarketCap establishing itself as one of the best cryptocurrency investments of that period. 

This impressive performance prompted many investors to funnel their funds into QNT. However, for this current bull run QNT has barely reached 2x of the November 2024 price and has been struggling to break even. 

QNT now trades at $104 with no support to keep it from falling. This among several negative sentiments in the market has prompted investors to look at 1Fuel presale for better return on investments. 

1Fuel is a top crypto choice for 2025

1Fuel has become the center of attention and talk of the crypto community, largely due to its upcoming wallet, expected to make a mainstream debut in 2025 according to its roadmap. 

Analysts and insider sources suggest that in addition to its listed features—particularly one-click cross-chain compatibility and a unified gas payment system—the team is developing even more innovative features slated for release after launch.

The combination of these advancements and yet-to-be-revealed crypto innovations makes the prospect of a 50x rally for 1Fuel an undervalued expectation.

As the ultimate crypto wallet, it’s designed to cater to every crypto user’s needs. From quick on-chain trading and long-term investments to everyday crypto purchases and seamless multichain transactions, analysts say the wallet will revolutionize the way crypto transactions are conducted once they hit the market.

Conclusion

The struggle of KSC and QNT to deliver returns has left investors frustrated and searching for better alternatives. 1Fuel comes in to save the day as a token with impressive presale performance and a potential of up to 100x return on investment. 

Just like KSC’s and QNT’s investors, other investors who are looking for a top cryptocurrency investment in 2025 should consider 1Fuel. 

Selling for an undervalued price of $0.015/token, 1Fuel is poised to deliver returns other tokens could only dream of. 

To Find Out More About The 1Fuel Presale, Use The Links Below:

Website: https://1fuel.io/

Telegram: https://t.me/Portal_1Fuel

Twitter / X: https://x.com/1Fuel_

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Analyst prediction: You might regret not buying more Ripple (XRP) and these 2 altcoins at current prices

The cryptocurrency market is preparing for significant upsides after weeks of bearish reversals, so smart investors should watch for growth coins. A number of leading analysts believe that Ripple (XRP), Rexas Finance (RXS), and Chainlink (LINK) could be must-haves. Here is why you should consider adding these coins to your portfolio going into 2025.

XRP: A Critical Juncture in 2025

Analysts and investors have noticed XRP’s continuous performance in the cryptocurrency market, and the token might just hit another level in 2025. The token rose 13% over the weekend, with experts like Ali Martinez drawing the crucial support level at $2.20. If XRP can sustain this level, it may break $2.70 soon.

Meanwhile, market watchers believe the growing excitement about Ripple’s legal battle with the SEC and the possible adoption of an ETF in 2025 is the real cause for a 10x surge, potentially pushing XRP above $20. Recent transactions on Ripple include 90 million XRP worth $200 million, showing greater network activity. Based on past market dominance, experts expect XRP to reach $8 after 250% growth in three months.

Investor confidence should rise after Ripple’s court victory, increasing XRP demand.  The growing popularity of the RLUSD stablecoin and the XRP Ledger further generates buzz, boosting XRP’s future potential. After resolving legal issues, expect Ripple’s price and adoption to rise.

Rexas Finance (RXS) to Ride the RWA Trend to New Highs

With the RWA tokenization market growing rapidly, Rexas Finance (RXS) is becoming one of the most exciting cryptocurrency projects. Since its September debut, the Rexas Finance presale has sold 386 million tokens and raised $34.2 million.

The RXS token price has climbed sixfold, from $0.03 to $0.175. This enormous growth shows increased interest in Rexas Finance, which efficiently and easily moves real-world assets (RWA) to the blockchain.

Rexas Finance tokenizes real-world assets, including art, commodities, and real estate, to create marketable digital equivalents. Among the platform’s advanced features is the Rexas Token Builder, a basic, no-code tool for creating tokens compliant with several standards, including ERC-20 and ERC-721. This is only one example of how Rexas Finance simplifies tokenization, allowing a broader audience to invest in asset-backed tokens.

Users can instantly create tokens using its QuickMint Bot on platforms such as Telegram and Discord, transforming how tokens are issued. Rexas Finance also uses Rexas GenAI, a cutting-edge AI technology that streamlines the construction of NFTs and asset valuations, making it easier than ever for creators and businesses to enter the crypto industry. These comprehensive tools are only the beginning for Rexas Finance as the platform grows.

Rexas Finance also prioritizes security, as evidenced by a recent Certik audit. This audit guarantees that the platform meets industry-leading standards for security and blockchain integrity, giving investors peace of mind.

To capitalize on the growing trend in the RWA Sector and form an active community, Rexas Finance is holding a $1 million ecosystem. The top 20 winners will receive $50,000 in RXS tokens. This event promotes RXS and rewards early backers who see its potential.  With the presale nearing its final stages, Rexas Finance’s price is expected to rise exponentially. Early predictions suggest a $5-$8 breakout. It is still available for $0.175. After the presale, RXS will be listed on at least three of the top ten global crypto exchanges, giving early investors a significant price boost.

Chainlink: A Strong 2025 Growth Foundation

Using smart contracts and Oracle technology, Chainlink was among the most sought-after crypto projects in 2024. Its growth was almost 50%, driven by its growing number of agreements, such as the integration of CCIP into Shibarium with the Shiba Inu ecosystem.

Analysts expect LINK to rise beyond $80 per token in 2025. The projected rise is due to strategic collaborations and technology use. LINK tokens could climb as more firms choose Chainlink’s decentralized oracles for data feeds, making LINK one of the most promising assets for the coming year. 

Conclusion

The cryptocurrency industry is promising, and XRP, Rexas Finance, and Chainlink are predicted to grow significantly by 2025. XRP’s SEC battle and ETF clearance could boost its price. Concentrating on real-world assets and blockchain integration, Rexas Finance is setting new norms for RWA tokenization and might provide investors with explosive returns. Chainlink has huge potential with its developing relationships and decentralized banking utility. In particular, Rexas Finance has changed blockchain. The forthcoming debut on major exchanges and focus on tokenizing real-world assets make Rexas Finance (RXS) a project you shouldn’t miss.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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