Kategorie: Crypto Markets

• Meme coins have shown a resurgence in recent weeks as AI tokens surge.
• Shiba Memu presale has raised over $4.6 million with 29 days to the final offer date.
• Could this be the opportune moment to buy SHMU?

Data shows AI tokens have been on the rise in recent weeks, helped by a massive forecast for the sector by leading tech companies. Amid this outlook, is Shiba Memu, whose presale countdown is now down to just 29 days, worth buying?

AI tokens have surged in recent weeks

Artificial intelligence-powered tokens have had a decent run in recent weeks. According to data shared by crypto research and on-chain analytics platform Kaiko, AI-related tokens recorded increased trading volumes in November, hitting a peak of $3 billion.

Trade volume for AI-related tokens has surged since the middle of October, led by $RNDR, $WLD, and $FET. pic.twitter.com/iuR2nMIwsY

— Kaiko (@KaikoData) November 28, 2023

Trading volumes have soared since mid-October, with Render (RNDR) Worldcoin (WLD), Fetch.ai (FET) and SingularityNET (AGIX) accounting for the largest share. While the overall upside flip in crypto prices in November might have helped the AI tokens, the broader bullish sentiment around this topic could have played a role.

Analysts forecast the trend to continue, particularly as major mainstream companies like Nvidia, Microsoft, Amazon and Google bet on the success of AI integration. It’s an outlook likely to see solid crypto AI tokens rally in 2024.

As crypto looks to turn the page amid recent events around Binance and its former CEO Changpeng Zhao, could the positive outlook for AI tokens cascade into new projects looking to break onto the scene? Could Shiba Memu be worth buying ahead of the likely bull market?

Shiba Memu – a new AI meme coin

The Shiba Memu’s potential to dominate the memecoin world could come down to its powerful marketing and utility. With AI and crypto already hot topics in the investment space, what Shiba Memu adds is a solid meme-inspired genius.

Natural language processing, predictive analytics and image/video recognition are some of the tools that Shiba Memu deploys to create an AI dashboard set to run memeworld’s self-sufficient ecosystem. The interactive AI dashboard will be a 24/7 marketing machine capable of self-improvement.

Is Shiba Memu worth buying?

Meme coins have returned to the limelight in recent weeks, thanks to breakout performances for the likes of Memecoin (MEME) and Bonk (BONK). Even those to lose momentum as crypto stalled – Dogecoin, Shiba Inu and Pepe – have recorded positive returns in the past month.

As noted, Shiba Memu is a new AI-powered crypto token currently in presale. The huge interest in AI tokens has seen investors hunting for the next gem take positions in its SHMU presale. The project has so far raised more than $4.6 million and with the presale on for the next 29 days only, now could be the opportune time to buy.

SHMU is currently priced at $0.044425 and will continue to rise throughout, with increases programmed to occur every day at 6 pm GMT. 

If analysts’ predictions for AI, Bitcoin and cryptocurrencies materialize in the next 12-24 months, then buying SHMU before the presale ends could be a big move for any investor. However, it should be noted that projections are not a guarantee of future performance. 

Are you are interested in Shiba Memu? Learn more here.

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• IOTA broke above a key level after news of the $100 million DLT foundation.
• Everlodge presale price has risen to $0.025 and is projected to hit $0.035 by the time it launches.
• By the time ELDG launches on major exchanges, its value could be 280% higher than the initial price of $0.01

The price of IOTA (IOTA) soared to above $0.28, its highest level since early October 2022. Meanwhile, positive sentiment across the crypto market has seeped into Everlodge (ELDG). With bullish momentum likely to push IOTA and other crypto prices higher, is this the time to diversify portfolios?

Here’s a look at IOTA’s potential price performance as well as why fractional investments on the blockchain are one of the hottest trends today – with Everlodge positioned to be the main player in the fast-rising property investment sector.

IOTA’s key DLT Foundation launch

IOTA (IOTA) is a distributed ledger, whose native coin is used as a unit of transaction. While it runs a peer-to-peer network, it’s not a blockchain. Its distributed ledger is called Tangle, and utilizes the Directed Acyclic Graph (DAG) technology.

Although the network has lagged since its early break into the ecosystem, recent bullish developments are putting analysts on the watch and investors interested. 

This includes the unveiling of ShimmerEVM, the Ethereum-compatible blockchain that supports smart contracts and allows for dApps not possible on IOTA to be deployed on the mainnet.

The latest bullish news came on November 29, when the IOTA Foundation announced it had secured registration for an ecosystem foundation. The IOTA Ecosystem DLT Foundation is the first of such in Abu Dhabi and will support growth and adoption of IOTA in the Middle East and North Africa (MENA).

This venture is to be powered by a $100 million funding paid for in the native tokens. Can this news help the price?

IOTA price prediction – can bulls retest $0.30

IOTA has pared some of the gains seen on Wednesday, trading to around $0.23. However, the native token of the permissionless distributed ledger technology platform remains above the key technical level of $0.20 after printing vertical gains of over 50%.

If bulls hold above $0.20, a rebound to intraday highs could set this token perfectly for a retest of $0.30. Above this, the first major resistance area could be at $0.36, a rejection point in June and August 2022.

But despite this outlook, IOTA is still in a long-term downtrend. The coin’s value has not hit a bullish trend since nosediving from highs of $2.00 in August 2021. The all-time high was $5.25, reached in December 2017.

Everlodge – fractional real estate investment on the blockchain

The world of investment is growing fast, and nowhere more so than in the realm of blockchain technology. Everlodge seeks to bring this reality to crypto investors with the first property marketplace for fractional ownership of homes, hotels and luxury villas.

Leveraging blockchain, timeshare and non-fungible token (NFT) technology, this platform brings “AirBnb”-style investment onto Web3.

For instance, a luxury villa in an upmarket location can be digitized, with titles and deeds secured on the blockchain via smart contracts. Then an NFT of the property is minted and fractionalized to allow small purchases for investors. These will be possible via the ELDG token.

When this project launches, it will include a marketplace, Launchpad, and lending platform.

Everlodge (ELDG) price projected to rise 280% during presale

Everlodge’s innovative project could be a massive opportunity with the global real estate market estimated at over $280 trillion and the hospitality industry alone at more than $4.5 trillion (as of 2022).

ELDG is an Ethereum-based token that will be the payment currency of the Everlodge ecosystem. It will have a total fixed supply of 800 million tokens. Holders will enjoy bonuses, discounts on trading fees and staking rewards. The project also promises to offer a complete package in terms of what an investor can enjoy, and the presale shows.

There will be a total of 480 million tokens on offer in the presale, with the fundraising target at $12 million.

Having launched with the initial price of $0.01, the value of the token has increased 150% to $0.025. This price is projected to reach $0.035, potentially offering 280% in returns to early birds. These are however only paper gains as investors will only claim their tokens when the project officially launches.

Learn more about Everlodge (ELDG) here.

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• Alchemy Pay has integrated Euro Instant solution, SEPA Instant, and Faster Payments
• SEPA Instant enables European users to buy up to 5,000 euros in cryptocurrency.
• Faster Payments in the UK accommodates transfers of up to 5,000 British pounds.

Cryptocurrency payment platform Alchemy Pay has bolstered its payment infrastructure, introducing new deposit options across Europe and the United Kingdom.

The platform has integrated the Euro Instant solution, Single Euro Payments Area (SEPA) Instant, and Faster Payments in the UK to simplify crypto transactions for users in 30 European countries and the UK, with swift processing times and defined transaction limits.

Enhanced accessibility and transaction flexibility

The move by Alchemy Pay to integrate the various on-ramps in Europe and the UK is a significant strides in expanding its payment options, to offer enhanced deposit channels in Europe and the United Kingdom.

With the addition of the Euro Instant solution, SEPA Instant, and Faster Payments, Alchemy Pay aims to streamline the process of purchasing cryptocurrencies like Bitcoin for its European user base.

European users of Alchemy Pay can now seamlessly engage in cryptocurrency transactions with the introduction of SEPA Instant and Faster Payments. SEPA Instant allows users to buy up to 5,000 euros ($5,460) in cryptocurrency, while Faster Payments in the UK accommodates transfers of up to 5,000 British pounds ($6,320). These transaction limits are designed to cater to varying user preferences and financial needs.

Alchemy Pay’s global expansion

Alchemy Pay’s recent move to support SEPA Instant and Faster Payments in Europe aligns with its overarching strategy of broadening its payment network.

The platform, already supporting 300 fiat payment channels across 173 countries, is actively expanding its services globally.

In addition to SEPA Instant and Faster Payments, Alchemy Pay continues to bolster its support for various local payment channels, including the Polish Blik payment system, Bancontact, Skrill, and others. This diversity provides users with multiple options, ensuring flexibility in choosing their preferred payment methods.

To uphold regulatory standards, Alchemy Pay emphasizes the completion of Know Your Customer (KYC) checks for users in the European markets. This commitment to compliance aligns with the company’s strategy of obtaining licenses in various regions, including recent acquisitions in the United States, Indonesia, and Lithuania.

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• TerraClassicUSD is up 290% amid a positive ecosystem outlook.
• Memeinator is a new AI meme token currently priced at $0.014 and in presale.
• Could the MMTR beat USTC to $1?

TerraClassicUSD (USTC) is a token on the rise. In the past week, USTC price surged 290%, with the upside coming amid multiple positive catalysts. Meanwhile, the meme coin Memeinator continues to grind through its presale – currently in stage 7 with over $1.6 million raised.

USTC is priced at $0.05 today. Will it reach $1 in 2024? Or will the Memeinator’s MMTR that’s expected to hit a final presale price of $0.049 beat it to the coveted level?

What is TerraClassicUSD and why is its price rising?

TerraClassicUSD (USTC) is one of the tokens to see significant price uptick this past week. The token’s impressive 290% spike saw its value reach $0.07. The upward momentum pushed its price to highest level since June 2022.

Developments in the Terra ecosystem and recent news, including the listing of LUNC Binance futures, have buoyed buyers. USTC is also now tradable against the Turkish Lira (TRY) and the First Digital USD (FDUSD) stablecoin, adding to the potential for further upward pressure.

LUNC burning is another factor likely to prove positive for USTC and analysts see a break above $0.1 as likely to propel USTC towards $1. This is the level the original UST token fell from when it massively depegged in May 2022.

While a complete flip in outlook could see TerraClassicUSD price climb the charts, could the Memeinator have a better run during the bull market?

What is the Memeinator?

The meme coin market is quickly saturating with new projects – spurred by the astronomical gains posted by tokens such as Pepe, Bonk and Memecoin. But as industry players have pointed out, many of the tokens hitting the market are nothing short of scams and poor-quality copycats of Dogecoin and such.

Memeinator (MMTR) is looking to change that outlook. Not only is it laser-focused on destroying all the weak meme coins, it comes equipped with real utility. 

Staking, NFTs and play-to-earn ecosystem are all etched in the Memeinator roadmap. There’s also the $250k Virgin Galactic giveaway that has seen over 600k entries.

The project is designed to utilise artificial intelligence tools to scan the market for subpar projects. This will see the Memescanner bring a gamified assault to worthless meme tokens via the Meme Warfare game. As players annihilate the low-quality memecoin variants, the Memeinator will rise in market cap. The target is $1 billion before going after the big dogs and frogs.

Excitement around this project has seen investors allocate more than $1.6 million to its presale.

Could the Memeinator reach $1 ahead of the USTC?

The meme market in crypto is now worth over $20 billion. Meanwhile, serious projects are popping up to replace bogus ones. What’s likely is that the next Dogecoin, Shiba Inu or Floki may not be far from hitting the market.

With a target of $1 billion in market cap value, the Memeinator looks to be one of the top contenders for the bull market’s new gem. Combining AI and crypto, and offering real value to the community could be a huge catalyst when MMTR hits the exchanges after its 29-stage presale.

By then, the token’s price is expected to have reached $0.049, offering potential gains of 250% on tokens purchased at current presale price of $0.014. If FOMO kicks in across the crypto market in 2024, the MMTR price could reach $0.1. A rally to $0.5 and then $1 going into 2025 might be possible.

However, the crypto market is largely unpredictable as are other markets. Whether MMTR beats USTC to the $1 level could depend on market conditions and other token specific catalysts. But it could be a good long-term bet.

Learn more or join the presale here.

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• Philippines’ SEC initiates measures to block access to Binance.
• Former Binance CEO, Changpeng Zhao, recently stepped down and pleaded guilty in the US.
• The Philippines’ SEC advises Filipino users to withdraw investments from Binance within three months.

The Philippines’ Securities and Exchange Commission (SEC) has set in motion measures to restrict access to Binance, the world’s largest cryptocurrency exchange.

This move follows the recent resignation of Binance’s CEO, who pleaded guilty to breaching US anti-money laundering laws. Changpeng Zhao has also resigned from the Binance.US board.

Binance accused of unregistered operations

The Philippines’ SEC asserts that Binance, the crypto giant, is operating without proper registration and lacks the required license to offer securities in the Philippines. The regulatory body has issued an advisory, outlining the removal of access within three months to allow Filipino users ample time to withdraw their investments.

In its advisory, the Philippines’ SEC has urged major online platforms, including Google and Meta, to cease displaying advertisements from Binance within the Philippines. Simultaneously, the SEC warns individuals involved in promoting or convincing others to invest in the platform that they may face criminal liability.

The move by the Philippines’ regulatory body comes days after the former Binance CEO Changpeng Zhao stepped down after pleading guilty to deliberately causing the exchange to fail in maintaining an effective anti-money laundering program.

This development underscores the escalating regulatory scrutiny faced by cryptocurrency exchanges worldwide, as authorities aim to establish robust frameworks to ensure compliance with financial regulations. The SEC’s decisive actions aim to uphold regulatory standards and protect investors within the rapidly evolving landscape of digital assets.

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