Binance to support Optimism’s network upgrade

  • Optimism (OP) surged after Binance announced upgrade and hard fork support

Optimism (OP) price rose by more than 5% on Dec. 27, breaking to intraday highs of $1.89.

The gains for the native token of the layer-2 blockchain network came as the community reacted to positive news. Earlier in the day, Binance, the world’s largest crypto exchange by volume, announced it would be supporting the upcoming network upgrade and hard fork of Optimism.

Optimism’s network ugrade and hard fork takes place on January 9, 2025 at 18:00 UTC.

“Starting at approximately 2025-01-09 17:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Optimism (OP) network to support its network upgrade and hard fork to ensure the best user experience,” Binance wrote in an announcement.

OP protocol upgrade

Optimism’s network upgrade is a major milestone for the project as it targets key improvements across user experience, scalability and performance. The project said in an announcement that the protocol upgrade will drive interoperability and innovation in the OP ecosystem.

Binance’s notice of support boosts the overall sentiment around Optimism. According to the exchange, users should note that despite the changes and halting of deposits and withdrawals, OP trading on the network will remain unaffected.

As Binance notes, the exchange will handle all technical requirements for the hard fork for its users. The platform also plans to reopen deposits and withdrawals as soon as the network becomes stable.

OP price reached its all-time high of $4.84 in March 2024, which means the current value is about 61% off that peak.However, upside momentum has seen OP token’s value jump 15% in the past week.

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Bitget announces 40% BGB burn, token buyback

  • Bitget has outlined a new token buyback plan in its just released whitepaper.
  • The exchange will burn 40% of its native token BGB.
  • Future burns include 20% of exchange profits – which will be used to buy BGB off the market.

Bitget has announced plans to burn 800 million BGB tokens valued at $6.8 billion.

The exchange in its newly released whitepaper, indicates an initial token burn of 40% of its total supply. Per the details, this will be about 800 million BGB, with completion seeing the exchanges’ native token’s circulating supply drop to 1.2 billion.

Quaterly burn and BGB buyback

From early 2025, the whitepaper release indicates that Bitget will introduce quarterly burns for BGB tokens.

It will also initiate quarterly burns of 20% profits from Bitget exchange operations and Bitget crypto wallet. The funds raised through the operations will be used to buy back and burn BGB.

Recently on Dec. 26, Bitget announced a merger between Bitget Token (BGB) and Bitget Wallet Token (BWB). Following the merger, the duo will serve as a unified token. BGB becomes the new unified token for both Bitget’s centralized and decentralized ecosystem.

Key benefits

Some of the benefits BGB offers to its holders include VIP privileges, fee discount and access to token farming via Launchpool.

Bitget assured its clients that the Bitget Token and Bitget Wallet Token merger will not affect BGB token supply, with the exchange rate ranging between 11.6 BWB to BGB. Amid the news, BGB’s price rallied a notable 22% to lead top altcoin gainers in the past 24 hours.

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Crypto Price Predictions: Bitget Token, Huobi HT, iDEGEN

Crypto prices had a mixed performance during the Christmas season. While some tokens like Huobi (HT) and Bitget Token (BGB) surged, many others erased their Santa Claus rally gains and plunged. This article looks at some of the top coins like Huobi Token (HT) and Bitget Token (BGB) and predicts whether they have more upside to go.

Bitget Token price analysis

The daily chart shows that the Bitget Token price has gone parabolic and defied gravity, making it one of the best-performing tokens in the crypto industry. The BGB token surged to a high of $8, much higher than the November lows. It has moved above all moving averages, while the Relative Strength Index (RSI) and the Stochastic Oscillator have moved to the extreme overbought level.

Therefore, the Bitget token will likely move into the distribution phase of the Wyckoff Method. The Wyckoff method identifies a few stages that assets go through like accumulation, markup, distribution, and markdown. As such, there are odds that it will drop sharply in the near term.

Bitget Token PriceCrypto Price Predictions: Bitget Token, Huobi HT, iDEGEN

iDEGEN price analysis

The iDEGEN token was one of the main breakthrough coins during the Christmas Season. As its token sale gained momentum and went viral, iDEGEN thrived because of its positioning as the best AI crypto in the world. Its goal is to become a key player in the crypto and social media industry. 

Each time a user posts, the iDEGEN technology takes that data and then sends engaging posts each hour. 

Data on its website shows that it has raised over $9.4 million from investors, and the momentum has continued to accelerate. 

The iDEGEN token sale has also gained momentum because of the recent success of other crypto projects that have gone through token sales like Poodlana, Pepe Unchained, and Bitcoin Dogs have turned so many people into millionaires as their tokens rose. You can buy the iDEGEN token here.

Huobi Token Price analysis

The Huobi Token price has jumped sharply in the past few days. It rose to $1.4630 on Thursday as other exchange tokens continued their rally. This was a notable level because it was at the highest point this year. 

Huobi Token has risen above the 50-day and 25-day moving averages. Also, oscillators have all pointed upwards, a sign of renewed momentum.

However, the HT token has formed a triple-top pattern, a popular bearish sign. Therefore, the coin will likely resume the downtrend in the next few days, a move that will see it retest the support at $0.9112. A move above the triple-top pattern at $1.4630 will invalidate the bearish view.

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3 crypto to buy to turn $100 to $100k in 2025: iDEGEN, HBAR, LINK

Despite their elevated volatility, cryptocurrency has been the best investments in the last decade. Bitcoin has surged from less than $1 in 2019 to a record high of $108,000 this year. Also, the market cap of all cryptocurrencies has jumped from zero to over $3.3 trillion today. So, here are the best three cryptocurrencies that will help you turn $100 to $100k in 2025. 

Chainlink (LINK)

Chainlink is one of the best crypto to buy because of its strong fundamentals. The network has become the world’s biggest oracle provider, supporting top platforms like AAVE and Compound. It has also inked major partnership deals with the likes of Coinbase, Swift, UBS, and Emirates NBD. 

In addition to oracles, the network launched the Cross-Chain Interoperability Protocol (CCIP), which plays an important role in Real-World Asset (RWA) tokenization. Chainlink also offers staking, allowing users to delegate their tokens to earn a monthly return. 

Also, LINK will soon become deflationary a its token unlocks are set to end, a move that will create more value for its tokens. There are also rising odds that a spot LINK ETF will be approved in the next few years. As such, there is a likelihood that the LINK token will go parabolic soon.

iDEGEN (IDGN)

The other popular crypto that will likely surge and turn $100 to $100k in 2025 is iDEGEN. Unlike Hedera Hashgraph and Chainlink, it is now in a presale, in which it has raised over $9.4 million from investors. It has done that by selling over 1.11 billion tokens.

iDEGEN token sale has gained momentum because of the recent crypto bull run and the fact that some new token sales have done so well. For example, some presale investors were able to generate substantial returns by just investing in Pepe Unchained, a token whose market cap has jumped to almost $90 million. 

iDEGEN has also gained traction because of its focus on artificial intelligence, the fastest growing technology today. This tech has helped to supercharge companies like Nvidia, Apple, and Broadcom into trillion-dollar entities. Therefore, there is a likelihood that the token sale will continue doing well.

Additionally, iDEGEN token is priced significantly cheaper than its eventual listing price, guaranteeing profits to holders. You can buy the iDegen token here.

Hedera Hashgraph

Hedera Hashgraph is another quality crypto to buy for substantial gains in 2025. It is a leading layer 1 network that offers better solutions than Ethereum. It has superior speeds, with the ability to handle thousands of transactions per second. Also, Hedera has substantially lower fees than other layer-1 and layer-1 chains.

Hedera has partnerships with some of the biggest companies in the world like Google and IBM, that form part of its governance council. This means that the network will be used to power their blockchain projects. 

Hedera has also been mentioned as a potential crypto that will have a spot ETF in 2025. In a recent note, Eric Balchunas a senior Bloomberg analyst, noted that the SEC may approve a spot Hedera ETF because the SEC has not mentioned it as a security. Therefore, the ETF hype will likely push its price much higher.

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Shiba Inu’s (SHIB) market position and future faces threat from this utility-rich coin priced at $0.150

Shiba Inu (SHIB) has long dominated the memecoin market, attracting retail and institutional investors. However, Rexas Finance, a $0.150 utility-rich cryptocurrency, is currently challenging its market position. Rexas Finance’s revolutionary real-world asset (RWA) tokenization and focus on actual use cases are changing the industry, unlike Shiba Inu, which relies on community interaction and speculative trading. Rexas is drawing institutional interest and pitching itself as a digital asset game-changer with features like the Token Builder and Launchpad.  As Rexas Finance grows, it could challenge Shiba Inu’s supremacy and provide investors with a more viable long-term growth and financial inclusion option.

Shiba Inu (SHIB): Feeling The Heat Of Rexas Finance 

As of December 26, 2024, Shiba Inu Token is trading for $0.000021 per token. It reportedly has a market cap of $12.93 billion and a reported daily trading volume of $665.92 million, placing the coin at the top of the cryptocurrency fish. However, Rexas Finance, which offers more excellent utility, is starting to eclipse Shiba Inu’s magnificent trading statistics, like an annual peak of $0.00008616, achieved in October 2021.  Founded in September 2024, Rexas Finance, through its asset utility token RXS, could elevate the cryptocurrency world to a new level by integrating a different approach to asset tokenization. Unlike Shina Inu, a memecoin, Rexas Finance provides a platform on which users can tokenize and manage real-life assets such as real estate, art, commodities, and intellectual property on the blockchain.

This shift toward tokenizing historically illiquid assets gives investors democratized access to essential markets and new liquidity and trading outlets. Rexas Finance’s RXS token, which powers the ecosystem, gives holders access to governance, transaction processing, and real-world asset investment opportunities. 

Rexas Finance’s utility-driven strategy attracts retail and institutional investors, making it a genuine competitor in a field where Shiba Inu’s meme-driven appeal may fade. Rexas Finance’s more concentrated value offer might challenge Shiba Inu’s market dominance and change cryptocurrency investment as demand rises for functioning, real-world asset-backed tokens. Rexas Finance’s purposeful scarcity with a one-billion-token supply makes it a better investment than Shiba Inu’s inflationary tokenomics. As demand for tokenized assets rises, RXS’s constrained supply might drive up its value, giving investors long-term growth potential and stability that Shiba Inu lacks. 

Rexas Finance’s ability to combine the digital and real worlds allows it to challenge Shiba Inu’s supremacy and attract retail and institutional investors seeking utility-driven development above speculative risk.

How Threatening is Rexas Finance (RXS) To Shiba Inu?

Rexas Finance’s strong presale success and novel asset tokenization technique make it challenging for Shiba Inu. With 377,756,396 tokens sold, the project has raised $32,788,801, proving investor faith in its long-term potential.  Rexas Finance has stressed public participation over venture capital funding, ensuring a vast and diversified investor pool that shows widespread enthusiasm in the platform’s utility-driven objective.

As the project approaches its Stage 10 presale, its token price has risen 400% from $0.03 in Stage 1 to $0.15, with significant Tier 1 exchanges expecting a $0.20 launch. Investor optimism and Rexas Finance’s capacity to tokenize real-world assets like real estate, art, and commodities to liquidate illiquid markets explain this exponential price surge. Unlike Shiba Inu, which relies on speculative trading and community-driven buzz, Rexas Finance is poised for broad acceptance due to its focus on real-world use cases. As the project nears listing on key exchanges, its utility-driven appeal and rising asset tokenization demand might challenge Shiba Inu’s market domination, making Rexas Finance a strong crypto competitor.

Becoming the Next Shiba Inu Killer 

With its creative strategy and excellent community interaction, Rexas Finance is quickly becoming a threat to Shiba Inu. The $50,000 Rexas Millionaire Giveaway has generated attention for the idea. Twenty winners will receive RXS tokens. This unique reward boosts interest and legitimizes the concept, drawing more backers.  Rexas Finance has also gained crypto credibility. Thanks to its listings on CoinMarketCap and CoinGecko, RXS is now easier for worldwide investors to invest in. These well-known sites give Rexas an edge over other developing tokens, boosting its validity with investors.  Rexas Finance’s successful audit by CertiK, a leading blockchain security firm, highlights its dedication to transparency and security, which are essential for long-term success in the volatile cryptocurrency industry. 

Rexas Finance wants to list on major exchanges at $0.20 in 2025. Some analysts believe this listing could send RXS prices soaring to $15, a 10,000% gain. This growth potential dwarfs Shiba Inu, which has relied on speculation rather than utility. Rexas Finance’s asset tokenization, liquidity solutions, and minimal RXS token supply make it a sustainable investment alternative to meme coins, which are unpredictable and hype-driven. Rexas Finance is changing the crypto market with its innovative strategy and exciting future as a Shiba Inu slayer that prioritizes utility, security, and growth.

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

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