Schlagwort: crypto business

• Binance will list Memecoin (MEME) for spot trading on November 3 at 08:00 UTC.
• The announcement has sparked fresh interest in meme tokens, with the market bullish on Memeinator (MMTR).
• This price prediction for MEME and MMTR looks at what makes the new tokens unique and attractive to traders.

Memecoin ($MEME) is trending amid the latest news from Binance, the world’s largest crypto exchange by trading volume. Per an announcement published today, trading support for $MEME starts on Friday, November 3.

Memecoin’s listing on Binance means the token could benefit from wider market visibility, with demand amid the ongoing MEME farming driving interest amid a resurgence in meme trading. 

Can the listing catalyse MEME price to gains that mirror previous tokens such as Pepe? What does this mean for presale projects such as Memeinator?

Binance adds trading support for Memecoin (MEME)

Days after the exchange launched $MEME as the 39th token on the Binance Launchpool, it has announced support for trading for multiple pairs as from November 3 at 08:00 (UTC).

#Binance will open trading for Memecoin $MEME on November 3, 2023 at 08:00 (UTC).

More details here 👇 https://t.co/R1ljo0neae

— Binance (@binance) November 2, 2023

Trading support for Memecoin will be available for trading pairs that include BNB, BTC, USDT, FDUSD, TUSD, and TRY. Binance is also set to enable Trading Bots services for the MEME/USDT pair, with the service accessible 48 hours after trading starts.

The listing news has sparked fresh interest in the meme tokens, with traders keen to position themselves amid growing bullishness in the market.

Memecoin (MEME) vs. Memeinator (MMTR) – what’s unique?

Memecoin (MEME) is the native token of Memeland, a Web3 venture studio and crypto ecosystem developed by the popular meme-sharing platform 9GAG. 

Interest in the ERC-20 token standard compatible MEME has grown as the project seeks to blend NFTs, gaming, and the metaverse to align with overall growth within the memecoin ecosystem.

Memeinator (MMTR) is a new AI-powered meme coin project that seeks to rise to the top of the memecoin world by “destroying” weak rivals. The project is currently in presale and has raised more than $1.1 million so far. Other than building a marketing powerhouse powered by artificial intelligence, Memeinator integrates a gaming platform, NFTs and offers staking to holders of its MMTR token.

The excitement around this project has analysts comparing its potential price outlook after it hits tier 1 exchanges to what Shiba Inu, Pepe, and Floki Inu experienced.

Memecoin (MEME) price prediction

The cryptocurrency market, including meme tokens, is still largely volatile. But while the future performance of tokens such as MEME and MMTR could depend on various market conditions and events, Memecoin’s listing on Binance has the potential to catapult its price higher.

Having been priced at $0.001 during the recent firesale, harnessing the power of meme culture could see MEME ride the expected bullish sentiment to target $0.1. This outlook will likely hold if Memecoin gains traction by leveraging the community around Memeland and 9GAG.

Memeinator (MMTR) price prediction

This Memeinator price forecast looks at the presale that is currently at stage 5, and what’s likely to happen if the project launches successfully down the road. (Check the Memeinator roadmap here).

Memeinator’s short term goal is to reach a market cap of $1 billion, which for early investors, could mean a real bargain at current prices. It’s possible this token could topple many of the meme coins that offer no utility, have no clear roadmap and whose traction relies purely on hype. 

Notably, MMTR is priced at $0.0125 and the next stage is set to see the price increase to $0.0133. MMTR price during the presale will continue to rise through the 29 stages, finally reaching $0.049. It’s possible a bull market performance could have MMTR trading significantly higher than $0.1. 

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• St. Galler Kantonalbank teams up with SEBA Bank for Bitcoin and Ether services.
• Swiss clients can now trade Bitcoin and Ethereum, with the potential for more cryptocurrencies.
• Switzerland’s embrace of digital assets shows the future of traditional banking.

Switzerland’s fifth-largest cantonal bank, St. Galler Kantonalbank (SGKB), has made its foray into the world of digital assets through a strategic partnership with SEBA Bank.

This development marks a significant step in the adoption of cryptocurrencies within the Swiss banking industry.

Bitcoin and Ether custody and trading services

SGKB has officially launched digital asset custody and trading services for a select group of clients, starting with the two most prominent cryptocurrencies, Bitcoin and Ethereum (ether).

This move not only reflects the growing interest in digital assets but also offers clients the convenience of managing their crypto holdings through their traditional bank accounts.

SGKB, one of Switzerland’s 24 cantonal banks, is a commercial institution partially owned by the federal government. The partnership with SEBA Bank is a clear signal of the Swiss banking sector’s commitment to embracing cryptocurrencies.

SEBA Bank, holding a banking license from Switzerland’s financial markets regulator, FINMA, specializes in providing digital asset services to other banking institutions. Their role in supporting SGKB’s digital asset expansion demonstrates the importance of collaborating with established crypto-focused entities to navigate the complexities of the digital asset space.

Future expansion and client integration

SGKB intends to expand its digital asset offerings in response to client demand, potentially adding more cryptocurrencies to its roster. The partnership with SEBA Bank paves the way for SGKB’s clients to seamlessly integrate cryptocurrencies into their existing investment portfolios.

This partnership is a testament to Switzerland’s proactive approach to fostering a supportive regulatory environment for cryptocurrencies and blockchain technology. It highlights the efficiency with which traditional financial institutions can embrace digital assets, offering a bridge between the world of cryptocurrencies and the well-established Swiss banking industry.

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• Sky Mavis is the developer of the blockchain-based blockchain Axie Infinity.
• The partnership brings Japanese Web2 games to Ronin Blockchain.
• Axie Infinity’s track record positions Ronin as a significant player in the NFT space.

The native cryptocurrency of the popular blockchain-based game Axie Infinity, AXS, experienced a remarkable surge of 15% in its price today, closely tied to the recent announcement of a strategic partnership between Sky Mavis and Act Games.

The collaboration aims to integrate a series of well-known Japanese video game franchises into the Ronin blockchain, providing an exciting new avenue for blockchain gaming enthusiasts.

Axie Infinity developer’s partnership with Act Games 

Axie Infinity’s developer, Sky Mavis, recently unveiled a groundbreaking partnership with the Korean gaming studio Act Games. The partnership signifies a significant step forward in the integration of Japanese gaming franchises onto the Ronin blockchain.

One of the first games to make its debut on this platform is the highly anticipated ‘Zoids Wild Arena,’ inspired by Tomy’s renowned anime series that first captivated audiences back in 1983 with its iconic plastic model figures.

The partnership also aims to combine Sky Mavis’ extensive expertise in web3 and NFT gaming with Act Games’ proficiency in expanding popular intellectual properties (IPs) to create an immersive and engaging gaming experience for players of all ages.

To encourage the migration of users to the Ronin blockchain, initial incentives including exclusive Zoids NFTs and token drops have been announced.

Notable growth of Axie Infinity’s AXS token

The recent surge in AXS token’s price by 15% reflects the excitement and confidence in the partnership’s potential to revolutionize the gaming landscape on the blockchain.

With Axie Infinity boasting impressive statistics such as $4.2 billion in NFT sales volume and millions of daily active users, the Ronin blockchain has emerged as a significant player in the NFT space, ranking just behind Ethereum in terms of NFT sales transactions.

Sky Mavis’ previous successful funding rounds, supported by prominent investors like Andreessen Horowitz and Binance, further underscore the industry’s confidence in their vision and products.

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