Kategorie: Crypto Markets

• At press time, XRP was trading at $0.5281, up 3.53% in the last 24 hours.
• The XRP price has been soaring in correlation with Bitcoin’s (BTC) price.
• Ripple has today launched a business liquidity hub.

Today’s launch of the business liquidity hub by Ripple Labs has added impetus to the already bullish XRP price. Over the last 30 days, the XRP price has risen by more than 40%.

The splendid performance comes even as Ripple continues to defend itself in the ongoing case with the US SEC, which most believes is almost coming to a conclusion although no deadlines have been given by the court.

Ripple’s business liquidity hub

The newly launched business liquidity hub will allow businesses to access liquidity for digital assets from various cryptocurrency exchanges, over-the-counter (OTC) marketplaces, and market makers across the world. The hub will integrate different solutions to help businesses access and manage liquidity across the various platforms.

Business corporations will be able to leverage cryptocurrency liquidity and an expansive payout network to power treasury operations, payments, and other needs.

The liquidity hub, which had been in pilot test since last year, will seamlessly bridge the gap between crypto and fiat systems. It uses advanced technology to get the best crypto assets rates thus eliminating the need for pre-funded capital positions with multiple liquidity platforms. This helps businesses cut their tied-up capital thus allowing them to efficiently manage their resources.

The liquidity hub will be a round-the-clock service thus making digital assets transaction management flexible and fast while allowing businesses to effectively track their funds.

Cryptocurrencies available in the business liquidity hub

Interestingly, the business liquidity hub does not currently support XRP token. It supports five cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), and Bitcoin Cash (BCH).

The absence of Ripple (XRP) has sparked a fierce reaction from the Ripple community though many believe it is because of the ongoing case against the US SEC that argues that XRP is a security, not a cryptocurrency.

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• Saga will be available for customers to purchase from May 8th.
• The android smartphone serves as a crypto hardware wallet.
• Saga comes with a custom store for crypto-specific apps.

On Thursday, Solana Labs said “Saga” – its crypto-first smartphone will be available for customers to purchase from May 8^th.

Saga also serves as a hardware wallet

This device equipped with the latest Android operating system features a “seed vault” that turns it into a crypto hardware wallet.

Saga was originally unveiled in June of 2022 as a bet on how pivotal a cellphone is to the future of crypto. For $1,000, the smartphone offers 512 GB of storage, a 6.67-inch OLED display, a dual-camera setup, and 12 GB of RAM.

Solana differentiates its handset with the “Solana Mobile Stack” that has embedded security features for crypto transactions and trading.

Saga comes with a custom ‘dapp’ store

A dedicated “dapp” store on the Saga currently has more than a dozen crypto-specific applications and that number is expected to increase over time.

Unlike Apple or Google, Solana also doesn’t plan on charging “extractive fees” on the apps listed on its custom store. For regular apps, users will turn to Google Play as they would on any other android smartphone, the company confirmed.

Shipping has already started for customers who pre-ordered Saga, which aims to integrate the Web3 experience into a cellphone. Remember that the likes of Sirin Labs and even HTC have previously failed to launch a crypto-focused smartphone.

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• DigiToads (TOADS) presale has surpassed the $1 million mark as the project’s unique and innovative play-to-earn game attracts investors.

• A transparent team has helped raise investor confidence in DigiToads.

• The DigiToads presale is at stage 3 level, with the price of TOADS set to increase at the next stage.

In cryptocurrency, the buzz around the best crypto-meme coins grows louder daily. The latest entrant into this fast-growing market is a new meme coin that already raised over $1.1 million in its presale phase.  The new cryptocurrency hit the milestone within just one month as investors look to the new asset as a project with great potential.

Here we explore the exciting developments surrounding this new meme coin and what it means for the future of cryptocurrency.

DigiToads (TOADS) ERC20 token: $1 million presale triumph fuels crypto revolution

The DigiToads (TOADS) ERC20 token has managed to captivate investors’ interest with its one-of-a-kind traits and pioneering approach to technology. Following the success of the presale, which has amassed an impressive sum of over $1 million so far, there is a substantial demand for this altcoin. 

The promising outcome of DigiToads’ (TOADS) presale and its expected expansion suggest that it could be a valuable option for those seeking long-term investments. Investors looking for the best NFTs and a unique and innovative crypto project should closely monitor DigiToads.

The deflationary aspect of the TOADS ERC20 token is a standout attribute. If you are an investor in search of a dependable and stable long-term investment, this could be that asset. The DigiToads tokenomics features a token burn mechanism where the token’s supply will gradually reduce as tokens are permanently removed from circulation. 

As a deflationary model, this has the effect of consequent appreciation in the value of the TOADS token over time. 

>> Buy DigiToads Now <<

DigiToads’ (TOADS) altcoin P2E game is a game-changer

The DigiToads presale, which is set to proceed to stage four, has attracted investors keen on  the play-to-earn (P2E) game ecosystem the altcoin offers. 

On top of an immersive and enjoyable gaming experience, DigiToads users will also have access to opportunities allowing them to earn rewards. Adding an attractive NFT staking feature to the TOADS token ecosystem has made the project even more popular within the growing NFT market.

The valuable Platinum TOADS tokens, a type of DeFi token, offers investors the opportunity to  lock in high returns in the market. The feature is a game-changer, with investor anticipation of what benefits it will unlock, helping drive interest in the DigiToads token.

DigiToads’ (TOADS): Transparent team boosts investor confidence in crypto

The DigiToads (TOADS) presale has primarily been successful because of the team’s dedication to transparency and honesty. By fully revealing their identities and backgrounds, the team has gained the trust and confidence of investors.

Investors enjoy increased flexibility when trading DeFi tokens since there is no vesting period to restrict them. The DigiToads team plans to conduct a consult audit to boost investor confidence, showcasing their commitment to maintaining a secure and transparent investment environment.

As interest in crypto as an investment continues to grow, more and more people are becoming aware of what it means to invest in a top-quality project. 

Part of the due diligence is on the team, with aspects like transparency key. The DigiToads token’s unique approach to crypto gaming and its team’s commitment to keeping things safe and transparent, is the reason this project could be one of the top crypto to invest in going forward.

The DigiToads meme coin presale highlights the growing appeal of cryptocurrency as an investment, with investors turning to these innovative assets as a way to diversify their portfolios. 

New projects like DigiToads offer an opportunity to both seasoned and beginner investors to capitalize on potential gems that could explode when projects go live. DigiToads could be such one top crypto to invest in, given its innovative ecosystem and unique value proposition. 

If you want to learn more about DigiToads, you can visit their website, join the presale or join the community.

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• The third stage of DigiToads presale is over 97% sold out.
• The current price of the TOADS token is $0.016.
• TOADS token is expected to list on Uniswap once the presale ends.

The price of the TOADS token is rising with every DigiToads presale stage, which is quite a proposition for those looking forward to investing in the project before it lists on Uniswap.

The presale stages are quickly selling out seeing that the third presale stage is now more than 97% complete. You can participate in the presale here.

At the current rate, it is just a matter of time before it gets listed on Uniswap decentralized exchange whose native token UNI has been performing quite well this year. On that note, it is worth noting that there hasn’t been any major Uniswap exploit so far this year contrary to 2022 when we witnessed an $8 million Uniswap Phishing Attack.

Is DigiToads (TOADS) a good investment?

So many new ICOs are constantly making the rounds in the crypto market. This could make it challenging for investors to decide on a viable project to invest in, especially because of all the hype and FOMO surrounding the launch of new crypto projects. However, DigiToads (TOADS) is likely to bring a change to that.

While disappointments have become a constant in crypto investment, DigiToads (TOADS) promises real goals and anticipation for its investors and users in its whitepaper. There is something for everyone. Within a few weeks of launching the first presale stage, DigiToads (TOADS) has successfully concluded three presale stages showing its rising popularity among crypto investors.

The increased DigiToads (TOADS) hype since the beginning of the presale shows that people are generally excited about the project. Generally, investors are usually psyched up for ICO projects that offer actual utility to their users.

What is TOADS?

TOADS is the native cryptocurrency of the DigiToads platform. It is a meme coin created with the Ethereum blockchain. It is designed to function as a utility token within the DigiToads ecosystem besides giving holders an opportunity to trade it on secondary markets.

The DigiToads platform, on the other hand, is a Web3 game that aims to create rewards for community members through trading contests hosted monthly. These trading contests will serve the double purpose of increasing the number of users and the daily trading volume within the DigiToads community.

DigiToads (TOADS) prospects as Uniswap listing approaches

UniSwap (UNI) is one of the most popular decentralized exchanges on the Ethereum blockchain. It eliminates the need for third-party interference in crypto transactions meaning transfers can be made from anywhere worldwide while maintaining anonymity and security for the sender and recipient.

While Uniswap was a victim of a targeted $8 million Phishing Attack last year, the exchange remained strong even after the hack and the price of its native token has also remained steady. The DEX has proved its stability through the years, which is why most new crypto projects including DigiToads target Uniswap as their first native token listing.

Listing on Uniswap offers exposure to quite a vast DeFi market offering tokens like DigiToads’ TOADS token great exposure within the DeFi industry.

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• Bankrupt FTX has reportedly recovered $7.3 billion in assets.
• The embattled crypto exchange is considering relaunching in Q2, 2023.
• FTX is currently embroiled in US Bankruptcy court proceedings.

In what could be a dramatic turn of events, the FTX cryptocurrency exchange during Bankruptcy court hearing on Wednesday reported it has recovered $7.3 billion in cash and cryptocurrency assets.

The asset recovery shows the exchange has recovered an additional $800 million since January according to the company’s attorney who provided the details during the court hearing.

FTX to relaunch in Q2, 2023

In yet another positive news for the embattled crypto exchange, the company’s attorney during the court hearing said that the exchange is considering a relaunch in Q2.

The FTX collapse remains the biggest and most controversial financial scandal within the crypto space although a number of top executives including its founder and former CEO Sam Bankman-Fried (SBF) are facing trial for their contribution in bringing down what was once the largest cryptocurrency exchange.

The collapse sent shockwaves across the entire crypto industry and caused the collapse of several other crypto firms/projects including Celsius and Voyager Digital Ltd. Its relaunch would therefore probably offer some reprieve for its customers who have been waiting for almost half a year now to access their funds.

Although the company’s attorney has indicated that the exchange could relaunch this year, it is not yet clear if the company will seek to rebrand or will relaunch as FTX. All eyes remain on the court proceedings after the positive news.

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