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Best Cryptocurrencies to Buy Now in 2024 for 100x gains – Top 9 Cryptos to Invest In

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Best Cryptocurrencies to Buy Now in 2024 for 100x gains - Top 9 Cryptos to Invest In

The crypto community anticipates the next major upswing in this bull run. Investors are scouring the market for the best cryptocurrencies to buy now that have immense growth potential.

In this article, we’ll analyze 9 top altcoins, delving into their fundamentals, use cases, and unique features. This comprehensive assessment aims to guide you toward the top crypto invest in 2024 for potentially explosive 100x gains.

To find these types of hot cryptocurrencies, informed decision-making is crucial. By thoroughly evaluating each project’s strengths, roadmap, and value proposition, we’ve curated this list of the best cryptocurrencies for your portfolio right now.

Which Crypto Can Give 1000X in 2024?

  • Borroe Finance (ROE) – An AI-powered funding marketplace built on Polygon, offering users a way to sell future earnings through NFTs.
  • Galaxy Fox (GFOX) – A meme-inspired web3 runner game where players can earn $GFOX tokens and utilize unique Fox-themed NFTs.
  • Milei Moneda (MEDA) – A meme coin inspired by Javier Milei, promoting DeFi while incorporating humor and community-driven features.
  • Rebel Satoshi (RECQ) – The everyday utility token of the Rebel Satoshi dual-token economy, facilitating transactions and engagement within the ecosystem.
  • BrickBlock (BB) – A token enabling fractional ownership of real estate properties in Dubai through the use of blockchain technology and NFTs.
  • Bittensor (TAO) – A decentralized AI platform aiming to create a marketplace for machine intelligence, powered by its native token TAO.
  • NetMind (NMT) – The utility token of the NetMind platform, focused on decentralized AI model training and inference.
  • Clearpool (CPOOL) – A DeFi protocol providing a marketplace for unsecured liquidity for institutional borrowers and decentralized lenders.
  • Arweave (AR) – A storage network utilizing a unique “blockweave” data structure to provide permanent and censorship-resistant data storage.

Borroe Finance (ROE) – AI-Powered Funding Marketplace

Topping our list of the best cryptocurrencies to buy now is Borroe Finance (ROE), an AI crypto project that raised over $4.5 million during its presale. This innovative platform is set to launch soon on Uniswap, making it an exciting opportunity to explore.

Borroe Finance is an AI-powered funding marketplace built on the Polygon blockchain, aiming to revolutionize how businesses and content creators access working capital. The platform enables users to sell future earnings from sources like subscriptions, royalties, and invoices by minting NFTs representing their future income, providing them with instant cash flow.

Leveraging AI-powered risk assessment and credit rating tools, Borroe Finance assists buyers in making informed investment decisions when purchasing these discounted NFT-backed invoices and future earnings. Additionally, the platform offers on- and off-ramp crypto and fiat payment solutions, allowing users to seamlessly convert between cryptocurrencies and traditional currencies.

Borroe Finance prioritizes privacy, anonymity, audit procedures, and KYC compliance, fostering trust and transparency within the marketplace. The platform’s native token, $ROE, is a deflationary token built on Polygon, offering holders benefits such as discounts, priority alerts, voting rights, and rewards.

Visit Borroe Finance

Galaxy Fox – Meme-Inspired Web3 Runner Game

Galaxy Fox, a project that garnered over $6 million during its successful presale earlier this year, finally launched on Uniswap in April. Despite its current small market cap of around $1.4 million, this meme coin holds immense potential, as the team has ambitious plans in the pipeline.

The core of the Galaxy Fox ecosystem revolves around an endless runner game, where players can earn $GFOX tokens by excelling and reaching the top 20% of the leaderboard each season. The game features Fox-themed NFTs that provide in-game advantages, as well as boosters that can temporarily enhance a player’s attributes.

At the heart of the Galaxy Fox ecosystem lies an endless runner game, where players can earn $GFOX tokens by performing well and reaching the top 20% of the leaderboard each season. The game incorporates Fox-themed NFTs that offer in-game advantages, along with boosters that can temporarily enhance a player’s attributes.

The $GFOX token, the native cryptocurrency of the Galaxy Fox ecosystem, incorporates a deflationary mechanism where a portion of each transaction is burned, gradually reducing the overall supply over time. The purpose of this mechanism is to increase the token’s value and scarcity. Players can also earn $GFOX by staking their tokens, with 2% of every transaction fee distributed to stakers.

Galaxy Fox boasts its own NFT marketplace, where players can purchase unique Fox-themed NFTs. These NFTs provide in-game benefits and can boost a player’s chances of earning $GFOX tokens in the runner game. Additionally, these NFTs can be traded on secondary markets like OpenSea.

Galaxy Fox aims to blend the fun and community-driven aspects of meme coins with the utility and earning potential of a Play-to-Earn (P2E) game. The project’s branding and marketing incorporate meme-inspired elements to appeal to a wider crypto audience.

Regarding the staking feature, Galaxy Fox offers attractive rewards for token holders. For the first 30 days after launch, users can earn up to 60% APY by locking their $GFOX tokens for 360 days, with a minimum stake of 100,000 tokens. After this initial period, the staking rewards will be adjusted, with the maximum APY being 30% for a 360-day lock period.

Milei Moneda (MEDA) – Hot Meme Coin

Another promising cryptocurrency to consider buying now is Milei Moneda, currently in the second stage of its presale, having already sold over 67 million MEDA tokens.

Milei Moneda is a meme coin drawing inspiration from Javier Milei, an Argentine anarcho-capitalist and crypto advocate known for his radical economic policies. This project aims to promote decentralized finance while injecting humor and memes into its community and features.

The native token, $MEDA, is deflationary, with 5% of its 500 million total supply scheduled for burning, increasing its scarcity over time. Milei Moneda distinguishes itself not only through its humorous approach but also by developing DeFi-focused features and applications designed to compete with leading projects in the space.

Holding $MEDA tokens grants individuals entry into the Milei Moneda community, making them eligible for rewards such as free NFTs, staking opportunities, giveaways, and exclusive events for top token holders. Analysts predict a significant surge in interest and value during Milei Moneda’s presale phase.

$MEDA holders gain access to the project’s community on platforms like Discord and Reddit, enabling them to participate in Q&A sessions, interact with fellow members, and compete for prizes. Additionally, holding $MEDA confers voting rights, access to exclusive NFT collections, and the ability to stake NFTs for rewards.

Milei Moneda’s roadmap outlines ambitious plans, including the launch of a debit card, digital banking services, and Floki University, which will offer educational courses on cryptocurrency topics. These developments are expected to drive broader adoption and fuel a rise in the price of $MEDA, positioning it as one of the best cryptocurrencies to buy now for potential massive gains.

Rebel Satoshi (RECQ)

Next, let’s talk about RECQ. So, Rebel Satoshi has unveiled its second cryptocurrency, RECQ, currently in its presale phase with over 437 million RECQ tokens already sold. This follows the successful launch of its first coin, RBLZ, on Uniswap earlier this year.

Rebel Satoshi’s RECQ is the everyday utility token of the Rebel Satoshi dual-token economy, operating alongside the governance token $RBLZ. RECQ embodies the rebellious spirit of Rebel Satoshi, inspired by figures like Guy Fawkes and Satoshi Nakamoto, aiming to challenge established financial norms and promote decentralization.

RECQ tokens are designed for transactions, interactions, and engagement within the Rebel Satoshi universe, supporting liquidity, rewarding engagement, and encouraging growth.

During the ongoing presale, RECQ tokens are currently priced at $0.0044 per token, with an expected increase to $0.0055 in the next round, and a listing price set at $0.0125, offering investors a potential substantial return on investment (ROI) opportunity.

The role of RECQ extends to quests, free-to-play and pay-to-play games, lotteries, giveaways, and play-to-earn battle games within the Rebel Satoshi Arcade, providing users with unique experiences and opportunities to earn and trade within the ecosystem. Overall, RECQ serves as the foundation for transactions, purchases, fees, and rewards across Rebel Satoshi’s platforms, embodying the essence of rebellion, community empowerment, and decentralization in the crypto space.

To acquire $RECQ tokens, investors can visit the official Rebel Satoshi website at recq.rebelsatoshi.com and follow the instructions provided to purchase the tokens and engage in the Rebel Satoshi ecosystem.

Visit RBLZ

BrickBlock (BB)

Next on our list of the best cryptocurrencies to buy now in 2024 is BrickBlock (BB), a new and intriguing cryptocurrency project with a market cap of just around $10 million, making it an interesting opportunity to explore.

This is a token based on the Ethereum blockchain that enables fractional ownership of real estate properties in Dubai through the use of blockchain technology and non-fungible tokens (NFTs). By tokenizing real estate, BrickBlock aims to make property investment more accessible to a wider range of investors by allowing them to purchase portions of high-value properties with smaller capital outlay.

The BrickBlock platform prioritizes transparency, providing investors with clear information about the properties, associated fees, and potential returns. This empowers investors to make informed decisions about their real estate investments.

Furthermore, the tokenization of real estate on the BrickBlock platform creates a more liquid form of real estate investment, as BB tokens can be traded on decentralized exchanges like Uniswap. Investors can also potentially earn passive income through staking BB tokens and sharing in the profits generated by the underlying real estate properties.

So, by leveraging blockchain technology and tokenization, BrickBlock is revolutionizing real estate investment, making it more accessible, transparent, and liquid. With its innovative approach and relatively low market cap, BrickBlock presents an intriguing opportunity for investors seeking exposure to the burgeoning world of tokenized real estate.

Bittensor (TAO) – Best AI crypto to buy now

With a substantial market cap of around $2.5 billion at the time of writing, Bittensor (TAO) is the first project on our list of top cryptocurrencies to invest in now that boasts a larger valuation. However, thanks to its strong community and solid fundamentals, Bittensor has the potential for even greater growth.

Bittensor (TAO) is a decentralized platform that aims to establish a marketplace for artificial intelligence (AI) and machine learning models. At the core of Bittensor lies its native cryptocurrency, TAO, which draws inspiration from Bitcoin’s design.

Like Bitcoin, TAO has a capped total supply of 21 million tokens, and it undergoes periodic halving events to control its issuance. New TAO tokens are minted every 12 seconds upon the creation of a new block on the Bittensor network, with 300 TAO generated hourly and 7,200 TAO minted daily.

The Bittensor network is composed of “subnets,” which are competition-based markets open for anyone to create or join. Each subnet focuses on a specific AI task, such as text generation, speech recognition, or image classification. Within the Bittensor ecosystem, miners host and serve AI models to the community, earning TAO rewards based on the quality of their contributions, as validated by subnet validators.

The TAO token plays multiple crucial roles within the Bittensor platform. It serves as the means to access and utilize the AI applications and models developed on the network. Additionally, TAO functions as a governance token, enabling holders to vote on proposals and protocol changes. Furthermore, TAO tokens can be staked, allowing participants to operate as validators and earn rewards for their efforts.

Bittensor’s goal is to establish a decentralized and transparent marketplace for machine intelligence, where AI models and data can be shared, traded, and collaborated upon, fostering innovation in the field of artificial intelligence. Bittensor presents an attractive opportunity for investors seeking exposure to the sector of decentralized AI and machine learning.

NetMind (NMT)

Another top AI cryptocurrency to consider buying now is NetMind (NMT). While it has a much smaller market cap than TAO, sitting at around $220 million at press time, this presents NetMind with even greater potential for growth.

NetMind Token (NMT) is the native utility token of the NetMind platform, which focuses on decentralized AI model training and inference. NMT serves multiple functions within the NetMind ecosystem, including serving as a payment method for training and inference on the platform, rewarding users who contribute their idle GPU resources to the network, and granting governance and voting rights within the NetMind DAO.

The total supply of NMT is 147,571,163 tokens, which are gradually unlocked over time according to the allocation plan. Key aspects of the NMT tokenomics include 40% of tokens reserved for those providing computational power, distributed over 100 years, 30% allocated for staking (with higher rewards for staking against the top 21 Master Nodes), 20% dedicated to the NetMind DAO for community governance, and 10% allocated to the technical team for ongoing development.

This structured token distribution aims to encourage both immediate participation and long-term sustainability of the platform. The NetMind DAO allows the community to steer project development through democratic decision-making, with NMT tokens providing voting rights.

Overall, NMT is the essential utility token that powers the NetMind decentralized AI ecosystem, facilitating transactions, rewarding contributors, and enabling community governance. With its focus on decentralized AI and innovative tokenomics, NetMind presents an attractive investment opportunity in the rapidly growing field of AI and blockchain technology.

Clearpool (CPOOL)

Coming in at number 8 on our list of the top cryptos buy now is Clearpool (CPOOL), a decentralized finance (DeFi) protocol with a relatively low market cap of around $65 million at press time, presenting an opportunity for potential growth.

Clearpool (CPOOL) provides a decentralized marketplace for unsecured liquidity, connecting institutional borrowers with decentralized lenders.

The protocol enables whitelisted institutional borrowers, such as crypto hedge funds, market makers, and trading desks, to access unsecured liquidity by undergoing a credit assessment process involving KYC, AML checks, and staking CPOOL tokens. Once whitelisted, borrowers can launch their own liquidity pools on the Clearpool platform.

Lenders can deposit USDC into a borrower’s liquidity pool and receive cpTokens in return, representing the deposited principal and accrued interest. Interest rates are dynamic, determined by market forces of supply and demand rather than being fixed.

As a borrower withdraws capital from the pool, increasing the utilization rate, the interest rate rises, allowing lenders to earn higher risk-adjusted returns. Clearpool has implemented safeguards, such as utilization thresholds, to protect lenders’ interests.

The CPOOL token is the native utility and governance token of the Clearpool protocol. Borrowers must stake CPOOL to access the platform, and lenders can earn additional CPOOL rewards by staking their tokens. Furthermore, the CPOOL token allows holders to participate in the protocol’s governance, shaping its future development.

With its innovative approach to decentralized lending and borrowing, Clearpool presents an attractive investment opportunity in the rapidly evolving DeFi space, particularly with its relatively low market cap, offering the potential for substantial growth.

Arweave (AR)

Arweave (AR) is the final coin on our list of the best cryptocurrencies to buy now in 2024. Besides TAO, this is the only coin with a larger market cap, sitting at around $2.4 billion at press time. In fact, AR has been one of the best-performing altcoins in 2024, already achieving a 5x gain, but with room for further growth.

On their website it says “Arweave is like Bitcoin, but for data”.

Arweave (AR) is a storage network that aims to provide permanent and censorship-resistant data storage. Unlike traditional blockchains, Arweave utilizes a unique data structure called a “blockweave,” where each block is linked to the previous block and a randomly selected “recall” block from the network’s history. This approach allows Arweave to incentivize miners to store data long-term through a consensus mechanism called “Proof of Access” (PoA).

In the PoA mechanism, miners must provide cryptographic proof that they can access a randomly selected recall block to mine a new block and earn rewards. This encourages miners to store a diverse set of blocks, including less popular ones, to maximize their chances of being selected.

Arweave’s native token, AR, is used to pay for data storage and transaction fees. When users want to store data on the Arweave network, they pay the required AR tokens, which are then distributed to the miners maintaining the network.

The Arweave team has implemented content moderation mechanisms, allowing miners to refuse to store certain types of data and network gateways to filter content based on legal requirements. This helps address challenges around permanently storing all types of data.

Overall, Arweave aims to create a “permaweb” – a decentralized and censorship-resistant version of the internet where websites, applications, and data are permanently stored and accessible.

Conclusion

As the crypto community prepares for the second part of this bull run, now that the Bitcoin halving is behind us, identifying the best cryptocurrencies to buy now becomes crucial.

The projects highlighted in this article – Borroe Finance, Galaxy Fox, Milei Moneda, Rebel Satoshi, BrickBlock, Bittensor, NetMind, Clearpool, and Arweave – offer a diverse range of opportunities across various sectors, including AI, DeFi, meme coins, and decentralized storage solutions.

With their innovative approaches, strong fundamentals, and growth potential, these top 9 cryptocurrencies present compelling investment opportunities for those seeking to capitalize on the next wave of gains.

However, the prospects of these promising projects suggest that substantial rewards may await those who strategically allocate their capital into the best cryptos to buy now.

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We are the editorial team of TokenTrends, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTrends, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Pepe Investors Seek New Rewards From Rival Token Mpeppe (MPEPE) at $0.0007

TokenTrends Staff

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Pepe Investors Seek New Rewards From Rival Token Mpeppe (MPEPE) at $0.0007

As the cryptocurrency market continues to expand, investors are constantly looking for new opportunities to maximize their returns. Pepe (PEPE), a meme coin inspired by the iconic Internet character Pepe the Frog, has been a staple in the meme coin arena. However, recent developments have shifted some investors’ attention to a promising new competitor: MPEPE (MPEPE). Currently trading at $0.0007, Mpeppe is attracting significant interest from those looking to diversify and capitalize on the next big thing.

Pepe’s appeal (PEPE)

Pepecoin (PEPE) has carved out a significant niche for itself in the cryptocurrency market, largely due to its vibrant community and roots in internet meme culture. Drawing inspiration from the popular meme character Pepe the Frog, Pepe (PEPE) has captured the attention of cryptocurrency enthusiasts and meme enthusiasts alike. This fusion of humor and community spirit has been instrumental in its rise within the cryptocurrency space.

The continued success of Pepecoin (PEPE) can be attributed to its active and dedicated community. Holders of the coin are known for their enthusiastic promotion on social media platforms, which helps maintain its visibility and popularity. This strong community support has been instrumental in sustaining Pepe (PEPE)’s momentum and driving its market performance. Recent whale activity, such as a massive transfer of 9 trillion PEPE tokens valued at $82 million to Bybit, further highlights the coin’s potential for significant price movements driven by large-scale transactions.

Mpeppe (MPEPE): the rising star

Mpeppe (MPEPE) differentiates itself by merging the realms of sports and cryptocurrency. Drawing inspiration from soccer sensation Kylian Mbappé and leveraging the legacy of the Pepe (PEPE) meme coin, Mpeppe offers a unique appeal that resonates with both sports fans and cryptocurrency investors. This innovative fusion is attracting a diverse and engaged audience, fostering a vibrant community around the token.

A large ecosystem

Differentiating itself from typical meme coins, Mpeppe (MPEPE) features a robust ecosystem that includes gaming and sports betting platforms, NFT collectibles, and social interaction features. These utilities provide real value to users, creating multiple channels for engagement and investment. This comprehensive approach positions Mpeppe as more than just a meme coin, offering a richer and more engaging experience for its users.

Investment Potential of Mpeppe (MPEPE)

Strategic Tokenomics

Mpeppe (MPEPE) has been strategically priced at $0.0007, making it accessible to a wide range of investors. Tokenomics is designed to support long-term growth, with allocations for presales, liquidity, and sports activities. This strategic distribution ensures stability and promotes community engagement, positioning Mpeppe for substantial growth.

Analysts’ optimism

Market analysts are optimistic about the potential of Mpeppe (MPEPE). The coin’s innovative approach, strong community, and strategic partnerships are expected to drive significant price increases. Early investors stand to benefit from substantial returns as Mpeppe gains traction in the market. Analysts note that Mpeppe’s combination of utility and community engagement positions it well for future growth, especially as the cryptocurrency market continues to evolve.

The impact of similar competing businesses

Driving Innovation

Competition between similar assets such as Pepe (PEPE) and Mpeppe (MPEPE) is a catalyst for innovation. Each project strives to outdo the other, resulting in continuous improvements and new features. This dynamic competition benefits investors, offering them better and more advanced products.

Market diversification

Having multiple competing assets in the market promotes diversification. Investors have more options to choose from, which can help spread risk and potentially increase returns. The presence of strong contenders like Pepe (PEPE) and Mpeppe (MPEPE) ensures a vibrant and resilient crypto ecosystem.

Increased market interest

Competition between similar assets also generates increased market interest. As projects compete for attention, they attract more investors and media coverage, leading to increased visibility and adoption. This increased interest can drive further investment and growth in the sector.

The Future of Mpeppe (MPEPE)

Strategic development

Mpeppe (MPEPE) has a clear and ambitious roadmap for the future. Development plans include expanding its gaming and sports betting platforms, launching new NFT collections, and forming strategic partnerships. These initiatives are designed to improve user experience and drive market growth.

Community Growth

The success of Mpeppe (MPEPE) will largely depend on its ability to build and sustain a strong community. By focusing on engagement and providing valuable utility, Mpeppe aims to foster a loyal and active user base. This community-driven approach is expected to play a significant role in its long-term success.

Conclusion: A New Horizon for Meme Coin Investors

In conclusion, while Pepe (PEPE) has established itself as a significant player in the meme coin market, Mpeppe (MPEPE) offers a fresh and innovative approach that is capturing the interest of investors. With its strategic pricing, comprehensive ecosystem, and potential for high returns, Mpeppe (MPEPE) represents an exciting opportunity for those looking to diversify their cryptocurrency portfolios. As always, investors should stay informed and consider multiple factors before making investment decisions. Embrace the potential of Mpeppe (MPEPE) and join the journey to new rewards in the cryptocurrency world.

For more information on the pre-sale of Mpeppe (MPEPE):

Visit Mpeppe (MPEPE)

Join and become a member of the community:

Italian: https://t.me/mpeppecoin

Italian: https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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Golem Project Joins ETH Staking Frenzy, Locks Up 40,000 Tokens

TokenTrends Staff

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Golem Project Joins ETH Staking Frenzy, Locks Up 40,000 Tokens
  • The Golem project has moved over $124 million in ETH for staking.
  • Ethereum staking frenzy has increased ahead of the launch of spot ETH ETFs in the US.

Ethereal [ETH]The Project Golem-based distributed computing marketplace has joined the ETH staking frenzy.

On July 11, contrary to its recent sell-off, the company reportedly staked 40K ETH worth over $124.6 million, according to Lookonchain data.

Golem Network has confirmed its Ethereum staking initiative and said its purpose was to “create space” to help participants contribute to the network.

“The Golem Ecosystem Fund is officially launched today! We have staked 40,000 ETH from Golem’s treasury. This will create a space where developers, researchers, and entrepreneurs can bring their ideas to life and contribute to the Golem Network and its ecosystem!”

Ethereum Staking Frenzy

The staking frenzy has infected Ethereum, with just days to go until the potential launch of a spot ETH ETF in the United States. Recently, an unmarked address blocked over 6K ETH.

The Golem project’s decision to lock up 40K ETH on July 11th pushed the total ETH locked up to Chain of lights at an all-time high of 47.5 million ETH, worth over $140 billion based on market prices at press time.

Beacon Chain is Ethereum’s system that manages the validation of new blocks.

Ethereum Staking

Source: Etherscan

According to a recent AMBCrypto relationshipIncreased ETH staking ahead of the debut of the ETH spot ETF in the US has underscored bullish sentiment.

More ETH has been moved from exchanges, further strengthening bullish expectations.

Meanwhile, from a short-term perspective, many addresses were losing at the $3.2K and $3.5K levels. Investors could try to take a profit if they break even.

These prices represent key levels to watch in the short term.

Ethereum StakingEthereum Staking

Source: IntoTheBlock

Next: Why Bitcoin Must Surpass $61K Soon, According to Analysts

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BlockDAG Thrives While Chainlink and FTM Tokens Decline

TokenTrends Staff

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Chainlink Tokens Unlock, Fantom (FTM) Price and Crypto Traders Prefer BlockDAG

As the cryptocurrency space turns bearish, giants like Chainlink and Fantom are facing setbacks with declining trends for LINK and FTM. Amid these changes, BlockDAG emerges as a prime target due to its promising pre-sales and long-term prospects. This Layer-1 project boasts an innovative Low Code No Code ecosystem, attracting investors with potential ROIs exceeding 30,000x. The pre-sales momentum has already accumulated over $57.6 million, driven by growing investor enthusiasm.

Impact of Chainlink’s Recent Token Release

Chainlink’s recent move to release 21 million LINK tokens, worth approximately $295 million, from its dormant supply contracts has significant market implications. This release sent 18.25 million LINK to Binance, fueling speculation that the price will drop. LINK is currently trading at $13.64, approaching its critical support at $13.5, with the potential to drop to $10 if this level breaks.

These releases, increasing the circulating supply above 600 million LINK, have previously maintained price stability, but the prevailing bearish conditions could alter this trend. With 391.5 million LINK pending release, market caution persists.

Fantom (FTM) Market Position Dynamics

Fantom experienced a strong buying spree last November, but its valuation has been challenging lately. After peaking near $1.20 in March, subsequent resistance and profit-taking pushed its price lower. FTM recently dipped below the crucial $0.600 mark but found some ground around $0.500. Fantom is currently valued at $0.559 with a market cap of $1.67 billion and daily trading volume of $257.56 million.

The Fantom Foundation’s decision to award over 55,000 FTMs quarterly to major dApps on the Opera network has invigorated user participation. Indicators such as RSI and MACD suggest a possible bounce if it surpasses the $0.600 mark. Failure to break above the 200-day EMA could prolong the bearish outlook.

BlockDAG Pre-Sale Triumph and Innovative Platform

BlockDAG’s pioneering low-code/no-code platform enables the seamless creation of utility tokens, meme tokens, and NFTs, catering to a broad user base. Its intuitive templates allow enthusiasts to quickly launch and customize projects, thereby democratizing blockchain development and accelerating market entry.

The cutting-edge features of this platform have attracted cryptocurrency investors, significantly increasing the interest in the presale. BlockDAG has successfully raised over $57.6 million, witnessing a 1300% escalation in the coin’s value from $0.001 to $0.014 in its 19th batch. This impressive rise underscores the immense return potential of BlockDAG for early backers.

Additionally, BlockDAG’s commitment to expanding its ecosystem extends to supporting the development of decentralized apps. This fosters a wide range of new projects in the blockchain domain, from digital art platforms to tokenized assets, enriching the blockchain ecosystem.

Key observations

While Chainlink and Fantom are currently navigating bearish trends due to token releases and resistance hurdles, BlockDAG’s innovative low-code/no-code framework positions it as an attractive investment option. With a presale raise of over $57.6 million and prices skyrocketing 1300% in recent batches, BlockDAG shows tremendous potential for returns of up to 30,000x. Amidst the market volatility impacting Chainlink Tokens and Fantom, BlockDAG stands out as a promising avenue for cryptocurrency traders.

Sign up for BlockDAG Pre-Sale now:

Website: https://blockdag.network

Pre-sale: https://acquisto.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: Italian: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of any material in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your own research and invest at your own risk.



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a new era for DEX tokens

TokenTrends Staff

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GoldBrick

The DEX aggregator Anger Trading is about to issue its RAGE token on the new Layer 1 blockchain Hyperliquid. The token sale is scheduled for August 7, with 20 million tokens out of a total supply of 100 million available on Fjord Foundry at a fixed price of $0.30.

Additionally, the “Rage Quit” feature has been introduced, which allows private investors to get their allocation early by accepting a 60% cut.

RAGE will be among the first tokens to be launched on Hyperliquidmarking a significant moment for this new blockchain. Let’s see all the details below.

DEX News Rage Trade: New RAGE Token Arrives on Hyperliquid

As expected, decentralized exchange (DEX) aggregator Rage Trade has announced the issuance of its new token ANGER. The launch is happening through a liquidity generation event and token sale on Fjord Foundry, scheduled for August 7th.

The token will be launched on the newly launched layer 1 blockchain Hyperliquidwhich has rapidly gained popularity due to its decentralized perpetual exchange.

Rage Trade currently aggregates platforms such as GMX, Synthetix, Dydx, Aevo and Hyperliquid, allowing traders to manage their positions across multiple blockchains and earn incentives.

During the event, 20 million RAGE tokens will be sold at a fixed price of $0.30, while another nine million will be used to inject liquidity into Hyperliquid.

Additionally, six million tokens have been reserved for future market making and product development incentives.

The token will have a total supply of 100 million, with 20% earmarked for sale and 30% for community treasury. The latter is subject to a 12-month lock-up period and a 24-month linear release.

The “Rage Quit” feature introduces a deflationary mechanismThis allows private investors and recipients of the air launch to receive their assignment after an initial three-month stalemate, accepting a 60% cut.

Rage Trade has chosen Hyperliquid as the platform for its token after the network became the preferred choice of users of the Anger Aggregatorwith over 1,300 users generating $445 million in volume.

Hyperliquid surpasses dYdX in TVL

Hyperliquid, the exchange decentralized based on Referee, recently introduced a new points program, which has catalyzed significant growth in total value locked (TVL) on the platform.

According to data from DefiLlama, Hyperliquid has reached a TVL of $530 million, surpassing dYdX’s $484 million and reaching a new all-time high.

This figure places Hyperliquid in second place among derivatives platforms, just behind GMX, which maintains a TVL of $542 million.

Rounding out the top five platforms by TVL are Solana-based Jupiter with $415 million and Drift with $365 million. Hyperliquid had a stellar year in 2024, jumping from eighth to second place in just six weeks.

This rapid increase was largely attributed to the new Hyperliquid points program, which launched on May 29.

The points program provides for the distribution of 700,000 points weekly for four months. With an additional 2 million points awarded for activity between May 1 and May 28.

Despite community criticism over the decision to extend the incentive program and delay the token launch and airdrop, the platform has continued to attract numerous traders.

From Perpetual DEX to Layer 1

Steven, founding member of Capital Yuntwhich has backed some of the largest cryptocurrency firms, including Zerion, noted that Hyperliquid has distributed approximately 51 million points in four periods.

He further stressed that the project aims to reward its early adopters and move from simply being a perpetual DEX to a true Layer 1:

“The team is clearly making an effort to communicate that Hyperliquid is an L1 and not just a DEX for derivatives.”

Furthermore, he highlighted that the token holders PURSUE were significantly rewarded, with a 23% increase in the token’s value.

PURR was the first spot token launched on Hyperliquid and looks set to continue receiving attention and incentives from the platform.

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