Kategorie: Crypto Business

As we approach the end of the year, here are five cryptocurrencies poised to potentially 10x in January 2025, following XRP’s lead in delivering impressive gains.

Polkadot (DOT)

Polkadot is a crypto project that plans to make tremendous growth in the blockchain world. Moreover, Polkadot’s unique multi-chain architecture enables blockchains to function independently. It connects the gap between many blockchains, enabling cross-chain partnerships.

Rexas Finance (RXS)

Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities. Furthermore, Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $28.8M  until now, with 90% of the 10th presale stage has been over. This event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization.

Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.15 and a projected listing price of $0.20 indicate a good opportunity for investors. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko. Furthermore, Rexas Finance (RXS) has the potential to be listed on Top 3 Tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. 

Solana (SOL)

Solana (SOL) provides a smart contract program, SOL will utilize a proof-of-stake. Notably, the Seeker, the web3 mobile launched by Solana Mobile has been signaled to feature a 6.36″ display, with 128GB of storage and 8GB of RAM, “a longer battery” and two cameras. 

Cardano (ADA)

Cardano is a blockchain-crypto project that has huge potential to reach 25X. Moreover, the Cardano team is working continuously on the project’s upgrade. Many developers and DApps, are migrating now to Cardano. This indicates the price of ADA will rise.

Tron (TRX)

TRON is a decentralized, blockchain-based operating system with smart contract functionality, proof-of-stake principles as its consensus algorithm, and a cryptocurrency native to the system, known as Tronix. 

About Rexas Finance (RXS)

Rexas Finance is the user’s gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless.

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

The post Which 5 cryptocurrencies will follow XRP’s lead and 10x in January 2025? appeared first on CoinJournal.

Hyperbolic, the leading provider of open access AI computing and inference services, has raised a $12M Series A led by Variant and Polychain Capital, two leading blockchain-focused venture capital firms. This latest raise brings the company’s total funding to $20M.

With this strategic funding, Hyperbolic aims to expand its engineering, go-to-market, and strategic teams. Additionally, Hyperbolic plans to launch its own blockchain in 2025, furthering its vision of the future of AI being collectively governed. 

“Hyperbolic is the first player we’ve encountered that truly addresses the ‘cost of trust’ issue in decentralized GPU networks, without sacrificing performance, quality, and user experience,” said Jesse Walden, managing partner at Variant. “With Jasper and Yuchen’s deep expertise spanning both crypto and AI, they are uniquely equipped to transform decentralized compute marketplaces for AI models.” 

Following lead investors Variant and Polychain Capital, other notable backers in this funding round include Chapter One, Lightspeed Faction, Bankless Ventures, IOSG, Vertex, GSR, Wintermute Ventures, Blockchain Builders Fund, Alumni Ventures, and Ambush. This follows a $7 million seed round led by Polychain Capital and Lightspeed Faction, which came after a $725,000 pre-seed round with participation from investors such as Chapter One and Samsung Next. Angel investors in this round include Sreeram Kannan (EigenLayer), Devin Walsh (Uniswap Foundation), Ethan Sun (MyShell), Daniel Shorr (Modulus), Bidhan Roy (Bagel), Ying Sheng and Lianmin Zheng (LMSYS), Dillon Rolnick (Nous Research), Alex Atallah and Louis Vichy (OpenRouter), Chainyoda, Comfy Capital, Nicola Greco (Protocol Labs), Alex Atallah (OpenRouter) and Thomas Sco (formerly Worldcoin). 

Built on a strong Web2 foundation, Hyperbolic is trusted by major AI players like Quora, Hugging Face, OpenRouter, Black Forest Labs, Nous Research, LMSYS, and leading universities such as Cornell, UC Berkeley, NYU, and Stanford—giving it a significant edge over crypto-first competitors. Now expanding into Web3, Hyperbolic bridges the two worlds because the future of AI is about collaboration. Unlike many Web3 AI projects that falter, Hyperbolic delivers with its GPU Marketplace, Inference Services, and Proof of Sampling (PoSP) —the gold-standard verification protocol. With maximized GPU performance, higher precision models, and secure, affordable solutions, Hyperbolic sets a new standard for reliable, high-performance AI in Web3. 

Hyperbolic’s GPU Marketplace provides AI developers with on-demand, affordable GPU access. Powered by Hyper-dOS, Hyperbolic’s decentralized operating system, the marketplace enables suppliers to monetize idle GPUs while offering renters up to 75% cost savings and access within a minute. With flexible, on-demand rentals, Hyperbolic empowers developers to overcome traditional compute barriers. 

Hyperbolic uses aggregated compute and its proprietary Proof of Sampling (PoSP) protocol to deliver its verifiable Inference Service at a fraction of the cost. Serving 30,000 Web2 users, it processes over 1 billion tokens daily, hosting cuing-edge open-source models and adding new ones based on community demand. By running models at BF16 precision for quality (unlike competitors stuck at FP8) and providing early access to new models, Hyperbolic empowers developers with cost-effective, high-quality inference while safeguarding user data and intellectual property. 

Developers and researchers ready to take their ideas Hyperbolic can head to app.hyperbolic.xyz and create an account to access a broad range of global GPU resources and open source models at affordable prices. 

For more information about Hyperbolic, its GPU Marketplace, and verifiable Inference services, please visit www.hyperbolic.xyz. 

The post Hyperbolic raises $12M Series A from blockchain VC firms, Polychain Capital and Variant appeared first on CoinJournal.

Key takeaways

• Bitcoin continues to trade around $100k after hitting a new all-time high of $103k a few days ago.
• iDEGEN’s pre-market auction has surpassed 550 million tokens, raising over $3 million.

BTC stays around $100k

Bitcoin, the leading cryptocurrency by market cap, hit a new all-time high of $103,900 a few days ago. However, it slightly dropped to the $93k region on Friday but has since recovered and now trades around $100k.

At press time, the price of Bitcoin stands at $99,735, up less than 1% in the last 24 hours. Meanwhile, DOGE, Dogecoin’s native coin, is the best performer amongst the leading cryptocurrencies, adding 8% to its value so far today. 

What is iDEGEN?

Dogecoin’s rally indicates that memecoins are outperforming other narratives in the crypto space. A meme coin that could become a big winner in this bullish cycle is iDEGEN. 

Still in its presale, iDEGEN seeks to merge the memecoin and the AI ecosystems. It is a sentient degenerate AI memelord. In its whitepaper, the team explained that iDEGEN learns, evolves, and adapts based on what the community feeds it on X. This primarily implies that iDEGEN is powered by AI but ultimately raised by degens. 

iDEGEN is joining the fast-growing memecoin ecosystem. Meme coins have a combined market cap of over $45 billion and are expected to grow larger in the coming months and years. 

The development team explained that users feed the tool their data through tweets, tags, and comments. iDEGEN absorbs that post and adds it to its knowledge base; that’s how it learns.

In addition to that, iDEGEN posts on X every 60 minutes and can generate and post memes. The team pointed out that everything iDEGEN posts is driven by its AI and what it learns from its community, with no human intervention.

Visit the official iDEGEN website to read more. 

iDEGEN sells over 550 million tokens in pre-auction market

iDEGEN is currently undertaking a presale for its native token, $IDGN, to raise funds to finance its products and services. So far, the team has sold 561 million tokens, raising over $3 million.

The pre-market auction leverages an unconventional method to attract more investors. iDEGEN’s presale price adjusts every five minutes based on market activity. The team explained that the price remains steady for the next period if an investor purchases $IDGN tokens within five minutes. However, if purchases occur consecutively, $IDGN’s price rises by 5%. Finally, if no one buys the tokens within five minutes, the price drops by 5%.

The iDEGEN pre-market auction will last until January 1, 2025, before the token lists on cryptocurrency exchanges.

Is this the right time to buy $IDGN tokens?

Statistically, the best times to buy a token are during its presale and in a bear market. However, with the market currently in a bullish cycle, buying iDEGEN tokens in this presale stage could be an excellent investment decision. 

iDEGEN is an interesting project that combines AI and meme coins. It could become one of the leading meme coin projects on the Solana blockchain.

The iDEGEN team’s website has a live pre-market listing price, allowing investors to track the token’s progress accurately ahead of its launch on trading platforms.

The post iDEGEN’s pre-market auction surpasses 550m tokens as BTC stays around $100k appeared first on CoinJournal.

Cardano (ADA) could be heading towards a massive rally as the cryptocurrency market is in a state of dynamic change. The current ADA price sits around $1.2 with recent bullish indicators and growing market confidence leading to forecasts for a $9.27 price goal. 

ADA isn’t the only token expected to surge though, and while Cardano gains traction multiple other tokens such as Polygon (MATIC) and the upcoming real-world asset token (RWA), Rexas Finance (RXS), are also starting to pick up steam, all with different factors that could secure major returns.

Cardano’s Bullish Momentum

Recently the price of Cardano has been rocketing up, increasing quite rapidly in the last few weeks. Investor confidence is bolstered by the fact that the blockchain has been resilient, never experiencing even an 8-hour halt, ever. Notably, Cardano’s total value locked (TVL) has increased by 28.5% above the previous all-time high, indicating a rise in decentralized finance (DeFi) activities occurring on its network. Furthermore, the new platform has crossed 100 million transactions, a significant achievement showcasing more adoption of the new platform.

🔥 BULLISH NUMBERS

Just to remind You
🔥 Cardano blockchain has never halted
🔥 Cardano TVL is +28,5% over previous ATH already
🔥 Cardano just passed 100 million TXs
🔥 Cardano is the #1 crypto brand

Are you bullish enough on Cardano and its ecosystem? 👀 pic.twitter.com/cJv5Mh1MKm

— Bull Street Journal (@bullstreetj) November 30, 2024

Analysts are bullish on the future of Cardano’s price movements. Besides, as the whole crypto market is bullish and the fundamentals behind this new champion are strong, some analysts are forecasting that ADA could reach as high as $9.27 over the course of future months. Historical price patterns along with technical analysis suggest that ADA may soon break through critical resistance levels, as implied by this forecast.

Polygon’s Growing Appeal

Another token that is picking up steam on the current market landscape is Polygon. A favorite among institutional investors, it trades for roughly $0.56 and currently has a gas fee of approximately 33.61 Gwei, or very cheap to make a trade. Due to this affordability, the option is very attractive to developers as well as users because this will allow easier transactions and interactions between peers in a decentralized application.

Current #Polygon (#MATIC) safe low gas price: 33.61 Gwei
Chart(7d): https://t.co/bo7LDREcIR
Chart(24h): pic.twitter.com/l5wccSfDdQ

— Polygon Gas Price Chart (@MATICfeeChart) November 30, 2024

When it comes to Polygon, there’s plenty of interest in it because it grows on the back of its scalability solutions, and it grows on the back of its partnerships, and it grows on the back of its ecosystem. With Cardano’s eventual rally, an increasing number of projects will move or incorporate Polygon, leading to increased demand for MATIC, which could drive its price up in tandem.

The Rise of Rexas Finance (RXS)

Deep into this bullish environment for established cryptocurrencies, edging out Cardano and Polygon, is Rexas Finance (RXS) making a major name for itself in the RWA space. As it stands now in Stage 8 of its presale, RXS fetches $0.10 per token, although the next stage should see prices go up to $0.125. This innovative project has already raised an impressive $19.7 million out of a target amount of $20.75 million and is driven by investor demand to participate in something new.

⭐️ Milestone Alert! ⭐️

Rexas Finance has successfully raised $19.7 Million! 🚀

Thank you for your support! 👍

Buy Now: https://t.co/tNJAsvAL8G#rexas $RXS #rexasfinance #crypto pic.twitter.com/RoKxawnSo9

— Rexas Finance (@rexasfinance) November 30, 2024

Rexas Finance aims to tokenize real-world assets such as real estate and commodities to democratize access to high-value investments. Through the use of blockchain technology, RXS seeks to bridge the chasm between conventional finance and digital assets by creating fractional ownership. With the momentum building around RXS, a growing number of analysts expect this token to soar. Sales during the presale of RXS are rapid, and many of the investors have been participating with enthusiasm which proves that many of them believe in the project, believing that it is long-term viable, and will earn them a huge return in the future. Recent audits have shown security and compliance, are approved by CertiK, making investors feel safe when investing.

Looking ahead, we see how the interplay between Cardano, Polygon, and Rexas Finance will dictate how crypto investment strategies will be played out. With Cardano’s recent performance and now established presence, it is set to grow. However, developers who are seeking efficiency will be attracted by Polygon’s low transaction costs. With its unique approach to real-world assets, Rexas Finance differentiates itself, potentially changing the way investors use the traditional market with blockchain. Tieing these all together creates a promising picture for investors seeking to focus on new trends developing in the cryptocurrency space. As Cardano hopes to reach a price point of $9.27 and RXS is slated to become a possible game changer in RWA tokenization, investors may want to delve deeper into these concepts now.

Website: https://rexas.com

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

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

Telegram: https://t.me/rexasfinance

The post Cardano price prediction: $9.27 forecast as ADA eyes fresh rally, Polygon (POL) and another low-price token could get there earlier appeared first on CoinJournal.