Kategorie: Crypto Markets

Vantard, the meme coin index fund that offers a portfolio of the top Solana meme coins, has recorded a massive uptick. Meanwhile, Bitcoin (BTC) is eyeing further gains after breaking above $94,000.

Why is this outlook good for the market and in particular, Vantard (VTARD)?

Bitcoin surges to above $94k

With Bitcoin price rallying to above $94,000 as it rides the latest wave of demand, investor attention is on what next. Analysts forecast a surge past $100k and a parabolic rise in 2025. ETF demand and options trading amid a positive regulatory environment are key catalysts in this perspective.

However, as investors eye the flagship digital asset’s bullish course, interest is firmly on potential gems primed for a bull market explosion. In the current market setup, the upcoming meme supercycle has many traders looking at what next.

This is because whereas Bitcoin has captured attention with its impressive surge, some meme coins have vastly outperformed it in the past few weeks. Moo Deng for instance is up 179% in the past week and 379% in the past month, outpacing the top coin’s 2% and 39% respectively in that period.

But MOODENG is just one of the top Solana-based meme gems in the Vantard Meme Portfolio, with the overall performance of the index aligning with anticipation that the market is on the verge of a supercycle.

Vantard meme index fund: for the supercycle?

Looking at the crypto market charts today, data shows Vantard meme coin portfolio tokens have cumulatively spiked more than 25%. In comparison, top coins like BTC, ETH and SOL are registering upsides of +0.5%, -2.4% and -3.7% respectively.

Notably, Popcat, Goateus Maximus and Michi have all slumped amid meme coins’ market dip of 4% in 24 hours. However, the performance of MOODENG and hehe tokens have lifted the index, setting up a rally for the basket when sentiment flips positive.

Vantard is currently offering access to its portfolio via the sale of VTARD, the token representing the basket of coins in the index. Having exploded to $500k in its pre-seed sale, Vantard has shot to another $860k in the ongoing seed sale.

This comes as meme coins such as Chill Guy smash it with over 500% gains in 24 hours. Rebalancing means Vantard’s meme index will eye similar performers in its portfolio. VTARD enables holders to ride this wave without worrying about how to spot the next 100x or 500x token.

That’s why an early entry, with current VTARD price at $0.00015, may be the best way to position.

Want to learn more about Vantard? Visit the official website here.

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• Coinbase listing FLOKI on November 21 could boost liquidity and market interest.
• Technical analysis suggests a 30% price surge if FLOKI breaks consolidation levels.
• On-chain data shows increased transaction volume, signalling a potential bullish trend.

The announcement that Coinbase will list FLOKI, a dog-themed meme coin, on the Ethereum network has sparked widespread attention. FLOKI, the sixth-largest meme coin by market capitalization at $2.3 billion, has already gained significant traction across major exchanges such as Binance and Bybit.

However, its listing on the United States’ largest cryptocurrency exchange could signal the next big step for the meme coin in both price action and broader market recognition.

Impact of upcoming FLOKI listing on Coinbase

FLOKI’s support on Coinbase, slated to open on November 21, 2024, at or after 9 am PT, is expected to provide a substantial boost to the token’s liquidity, with trading initially available on the FLOKI/USD pair.

While this announcement led to a 14% increase in FLOKI’s price earlier, the token has experienced a modest decline of over 5% in the 24 hours following Coinbase’s official confirmation. Despite this, the trading volume surged by 17%, signalling heightened market interest.

Floki price technical analysis

The technical outlook for FLOKI is showing signs of promise, as it appears poised for a breakout. On the four-hour timeframe, technical analysis reveals a descending triangle pattern, which suggests that a potential upward move could be on the horizon.

Experts predict that if FLOKI breaks out of its current consolidation range between $0.000232 and $0.000275, the meme coin could see a 30% price surge, potentially reaching the $0.00035 level in the coming days.

The 200 Exponential Moving Average (EMA) also signals that FLOKI remains in an uptrend, with its price consistently trading above this critical level.

FLOKI’s technical indicators aren’t the only bullish signs. On-chain data reveals a sharp increase in large transactions for meme coins, with a notable 98% surge in SHIB’s transaction volume, driven by whales and institutional investors.

However, FLOKI’s open interest dropped by 12% on November 20 according to Coinglass, suggesting that traders might be waiting for a breakout to position themselves for a potential rally.

As the date for Coinbase’s listing approaches, FLOKI’s future looks promising. With the right technical momentum and broader market interest, FLOKI could be on the verge of significant price action, making it a token to watch closely in the coming weeks.

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• HARD.fun allows users to easily create memecoins with Kava’s AI chatbot.
• The platform is community-driven, with governance and tokenomics voted on.
• The platform offers cross-chain support, spanning Kava, Ethereum, Cosmos, and more.

Kava, a secure and fast Layer-1 blockchain combining the power of Ethereum with the speed and interoperability of Cosmos, has launched HARD.fun, a groundbreaking decentralized memecoin creation platform.

https://t.co/SXUEdKsZhb is live! 🎉

Welcome to the first meme coin launchpad where platform fees flow back to you—the community! 🤝

✨ Launch & trade meme coins
🗳️ Vote with $HARD on key features
💎 Earn DIAMONDS and unlock rewards

Get started 👉 https://t.co/bPww07sLF9 pic.twitter.com/M213eLXkB1

— HARD.fun (@hard_protocol) November 20, 2024

This follows a vote by holders of Kava Lend’s governance token HARD, in which more than 80% of voters backed the proposal.

Designed to democratize the creation of memecoins, HARD.fun allows anyone to create and launch their own memecoin with minimal effort, using the innovative Kava AI chatbot.

The HARD.fun platform features

Unlike traditional centralized platforms like Moonshot, Pump.fun, and Gra.fun, which are controlled by developers, HARD.fun is a community-driven platform.

With a focus on ensuring that the value of memecoins is shared among the communities that support them, HARD.fun allows token holders to vote on the platform’s governance and the tokenomics of specific meme coins. This decentralized approach is in line with the core principles of cryptocurrency, where user participation and ownership drive the success of projects.

One of the standout features of HARD.fun is its integration with Kava’s AI technology. The Kava AI chatbot simplifies the process of creating a memecoin by directly querying the Kava Chain and other networks like Ethereum and Cosmos.

Kava on November 16 launched the first decentralized AI model to compete with ChatGPT at Devcon taking its AI technology a notch higher.

HARD.fun users will only need to specify the type of token they wish to create, and the platform will handle the rest, generating the coin on the chosen blockchain. This makes it easier for anyone, even those without technical expertise, to bring their creative visions to life and contribute to the growing memecoin ecosystem.

HARD.fun also embraces cross-chain interoperability, allowing users to launch memecoins that span multiple ecosystems, including Kava EVM, Ethereum, Cosmos, and others. In the future, it will extend to more chains like BNB Chain, Solana, and Tron, making these memecoins accessible and tradable across a wide range of networks.

In addition to simplifying the creation process, HARD.fun introduces a reward-sharing model that benefits memecoin holders. The platform’s governance structure enables users to vote on key decisions, ensuring that the memecoin community remains at the forefront of development.

With Kava Lend’s governance token HARD powering the platform, users can benefit from increased transaction volume and the long-term value of their memecoins.

Through this innovative initiative, Kava is positioning itself as a leader in the evolving memecoin space, bringing greater value and accessibility to the crypto community.

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• Elixir and Securitize have partnered to unlock $1 billion in tokenized real-world assets (RWA) to DeFi.
• The platforms have launched DeFi vaults for BlackRock’s BUIDL fund, with Elixir’s decentralized dollar deUSD core to the project.

Elixir, the network powering the decentralized yield-bearing synthetic dollar deUSD, has teamed up with BlackRock’s tokenization partner Securitize to launch a liquid staking token for tokenized securities.

The partnership seeks to bring billions of dollars in gated capital to the decentralized finance market, Elixir said in an announcement on Nov. 19.

Introducing Elixir’s “deUSD RWA Institutional Program” – a first ever partnership with Securitize

After months of design and $1B+ of capital interest, this joint program allows Blackrock BUIDL and other RWA holders to seamlessly access DeFi using deUSD as the primary currency pic.twitter.com/rbUTNNadYr

— Elixir (@elixir) November 19, 2024

Elixir, Securitize launch DeFi vaults for BUIDL

According to the platform, users will leverage deUSD to access Blackrock’s tokenized fund BUIDL and other RWA assets for DeFi across the market. deUSD will be the primary currency of the “deUSD RWA Institutional Program.”

In a comment, Elixir founder & chief executive officer Philip Forte said:

“Elixir is excited to partner with Securitize to bring this 0 to 1 innovation to DeFi. The Elixir Network is a purpose-built stack powering exchange orderbooks and deUSD (“Decentralized US Dollar”). For the first time ever, holders of tokenized real-world assets can natively use their assets onchain in DeFi, accessing unified liquidity via deUSD.”

The collaboration seeks to use deUSD to unlock yield-opportunities for the over $1 billion real world assets that Securitize has issued across DeFi. The offering is via the sToken and the new ERC-4626 vault technology in partnership with Elixir’s “deUSD RWA Institutional Program.”

“With the launch of this innovative sToken functionality, Securitize is enabling a new frontier in DeFi by making it possible to leverage any Real World Asset token issued using the DS Protocol,” Securitize co-founder & chief executive officer Carlos Domingo said in a statement.

“This functionality not only provides liquidity options but also bridges the gap between traditional assets and the digital asset economy, offering investors more ways to manage and optimize their portfolios,” he added.

The RWA onchain market is currently valued at over $13 billion, while tokenized US Treasuries account for over $2.4 billion. On Nov. 19, Bitfinex Securites announced the launch of the first tokenized US T-bill in El Salvador.

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