Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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Remittix (RTX) hits $4m presale as XRP holders take notice

With the cryptocurrency market eyeing a stellar 2025 amid a new wave of optimism, new crypto project Remittix (RTX) is trending.

The altcoin looks to have stolen the shine off XRP (XRP) early on as its presale hits $4 million. But what’s driving the interest in this project? Could the new era for crypto under President Donald Trump be the catalyst that pushes RTX to the top of the payments finance, or PayFi world?

What is Remittix (RTX)?

XRP and Stellar (XLM) have stood out as crypto solutions aim to revolutionize the remittances and cross-border payments space. XRP’s massive traction in the space means its recent bounce in the market may continue as traditional players adopt crypto.

Remittix (RTX) is entering this ecosystem with a new Ethereum-based payments network targeted for individuals and businesses.

The project aims at allowing anyone to benefit from the growing adoption of cryptocurrencies with a novel crypto-to-fiat payments solution. With Remittix, users can send crypto and see their recipients get fiat in their bank account.

The project taps into the blockchain technology’s features of faster, cheaper and transparent transactions to let users send money across borders. Unlike traditional banking apps and solutions, Remittix provides a  multi-currency wallet that lets users easily send over 50 cryptocurrency pairs. It supports more than 30 fiat currencies.

Native token RTX attracts $4 million in presale

Interest in Remittix has picked momentum as the crypto market celebrates the inauguration of Donald Trump as the 47th President of the United States. Notably, the presale for the native RTX token raced to over $4 million in under 30 days.

RTX will power Remittix’s payments ecosystem, providing for governance, staking and rewards. Of the limited supply of 1.5 billion RTX, 50% of it (750 million) has been allocated to the community via a presale. The presale soft cap is $18 million and hard cap is $36 million

Remittix is celebrating Trump’s inauguration with a 30% bonus that runs to Jan. 28. Presale participants can use the promocode TRUMP30 to unlock the bonus.

With crypto poised for a bullish reset in 2025 and beyond, the presale offers Remittix buyers a chance to get in early. An environment that supports innovation and regulatory clarity means Remittix could be on the cusp of completely redefining cross-border payments.

Remittix (RTX) presale price

So far, savvy crypto investors have scooped nearly 230 million RTX, raising more than $4.1 million as the RTX price jumps to $0.0228.

The next price increase will push Remittix presale value to $0.0239. RTX presale is 70% sold out in the current stage, which means interested early adopters have a chance to get it at a bargain before price rises.

Find out more about Remittix and what makes the project stand out by visiting the official website.

The post Remittix (RTX) hits $4m presale as XRP holders take notice appeared first on CoinJournal.

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MEXC Unveils 2024 Annual Report: $100 Million Airdrop Distribution and 30 Million User Milestone Achieved

MEXC, a global leader in cryptocurrency exchanges, has officially launched its 2024 Annual Report. The report provides users with a personalized review of their trading journey over the past year.

The report also reveals several key achievements of the platform, including the breakthrough of 30 million users, the distribution of over $100 million in airdrops, and the listing of more than 3,000 tokens. These milestones underscore MEXC’s impressive growth, broadening product offerings, and commitment to delivering innovative solutions and exceptional trading experiences to users worldwide.

2024: A Year of Extraordinary Growth for MEXC

  • The user base surpasses 30 million, spanning over 170 countries and regions.
  • Over 3,000 tokens were listed.
  • Top-ranked in Futures Growth Rate, achieving 186% growth in November 2024.
  • #1 in liquidity globally, with Futures depth exceeding $100 million at both 0.05% and 0.1% levels.
  • Enhanced global accessibility through support for 17 new languages, bringing the total to 34 languages.
  • Completion of 2,202 airdrop events, with total distributions exceeding $127 million.
  • Significant growth in community engagement, gaining 450,000 new Twitter followers and achieving a 500% increase in user interaction.
  • Strategic partnerships with industry leaders including CATIZEN, APTOS, FUEL, and PENGU.
  • Launch of innovative Meme+ Trading Zone in December 2024, combining the advantages of decentralized and centralized trading. Utilizing an order book model, it ensures strong liquidity, reduces slippage, and enables faster, more efficient trading.

These milestones demonstrate MEXC’s commitment to providing an exceptional trading experience for users worldwide. The platform’s rapid growth is driven by a wide selection of trending tokens, frequent airdrop events, robust market depth, high liquidity, and competitive trading fees.

Additionally, the launch of the Meme+ Trading Zone in December 2024 allows users to seamlessly trade high-potential memecoins without the need for Web3 wallets, private keys, seed phrases, or on-chain operations, further solidifying MEXC’s position as a trendsetter in the crypto industry.

MEXC Celebrates 2024 Milestones with 50,000 USDT Prize Pool

In celebration of MEXC’s outstanding achievements in 2024 and to express gratitude to its loyal users for their continued support, the platform has launched a special reward program. From January 16, 2025 – February 16, 2025 (UTC), users are invited to share their personalized 2024 Annual Report and refer friends to join MEXC for a chance to win a share of the 50,000 USDT prize pool.

For complete details, visit the MEXC 2024 Annual Report Reward Program page.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer

The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. 

The post MEXC Unveils 2024 Annual Report: $100 Million Airdrop Distribution and 30 Million User Milestone Achieved appeared first on CoinJournal.

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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. 

The post Online gambling market to hit $161B in 5 years, new data reveals appeared first on CoinJournal.

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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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