News
Latest Cryptocurrency News: Stay Updated with the Most Recent Developments
Looking for the latest cryptocurrency to appear is the goal that many investors have in search of potential and good returns. Generally, newer crypto projects tend to attract attention for various reasons.
A novel design, a groundbreaking structure, or a new utility that makes its price jump significantly. And that is why, through this guide, you will be able to know which new cryptocurrency is gaining the most attention in the market.
Buy the latest cryptocurrency now
What is the latest cryptocurrency?
Actually, referring to the latest cryptocurrency is also referring to the rest of the currencies and new projects that appear practically daily, since the market is evolving.
However, our analysis is based only on those that we believe have the most potential given their structure, community, team behind the project, etc. Being the most famous cryptocurrencies of 2024.
And the most in-demand new tokens include meme coins, green cryptocurrencies, and even cryptocurrencies that will give you rewards for playing. For example, one of the most interesting recently launched games is PlayDoge, which is capable of combining video games with blockchain technology.
But it is not the only one, another cryptocurrency that has recently attracted attention is WienerAI, focusing on artificial intelligence but at the same time providing solutions to various sectors. Along with them are Sealana, which has data storage in the cloud, and Mega Dice, which combines games of chance with the decentralized platform.
As you see, talking about the latest cryptocurrency is really an understatement, given the new and interesting appearances with which to obtain performance. In this case, we also do not forget the presence of coins like Base Dawgz or 99Bitcoins with their L2E model on cryptocurrencies.
But if your concerns focus more on sustainability or emissions reduction, then you can direct the goal towards projects like e-Tuk Tuk. Some of these new currencies have already demonstrated the strength they can have like Sponge, which with its V1 version achieved a 100x bomb in its price thanks to mass adoption.
If any of these new appearances catch your attention as the latest cryptocurrency, our advice is to continue reading. Well, we will focus on its price, community, and development. But the best thing is that all of them are currently in the pre-sale phase with the best possible prices.
Buy the latest cryptocurrency now
Latest cryptocurrencies What do they bring new?
The appearance of Bitcoin is probably the first thing that comes to mind if we talk about the beginnings of cryptocurrencies. At that time it was 2009, and since then, changes in the market have been accompanied by many improvements and innovations. That is why today we can talk about first, second, and new generation cryptocurrencies. Let’s see what the main differences between them are.
First generation: The Emergence of Bitcoin
Among the first generation cryptocurrencies is, of course, Bitcoin. At that time, for the creation of BTC, they put their efforts into creating a decentralized digital currency whose use did not depend on banks acting as intermediaries. Specifically, Bitcoin was the first currency to introduce the concept of the blockchain.
You will also see this term included in the description of some of the latest cryptocurrencies. It is a technology that has the ability to record operations with total security and transparency. However, the limitations present in the first cryptocurrencies did affect the functionality and scalability of the asset and Bitcoin price predictions.
In any case, there is no doubt that first-generation cryptocurrencies took the first step towards the decentralized finance revolution. With the objective set on the transfer of value, this type of digital asset laid the pillars of blockchain technology combined with decentralization.
And although it is true that, as we say, the functionality was much more limited, they managed to open the doors to a new economic territory. Bitcoin undoubtedly laid the foundations for subsequent generations to prosper. Something we are witnessing right now with the arrival of new cryptocurrencies.
Second generation: Ethereum and Smart Contracts
If Bitcoin was the perfect example to name the first generation of cryptocurrencies, Ethereum is the cryptocurrency that best exemplifies what the second generation was. Through ETH, the ability to execute and create ‘smart contracts’ was added. That is programs that are activated automatically when specific conditions are met.
In this way, thanks to the introduction of a cryptocurrency like Ethereum, better automation was achieved, and also a huge range of decentralized applications. But at the same time, with Ethereum, it was possible to improve Bitcoin in terms of aspects such as speed or scalability. Although maintaining some obstacles in this type of aspect.
And yes, there is life beyond Ethereum in second generation cryptocurrencies. Well, the introduction of programmable functionalities and smart contracts in the blockchain represented an advance. Cryptocurrencies such as EOS or Cardano expanded their scope, allowing the creation of dApps and DAOs.
These assets’ focus on interoperability and scalability did not go unnoticed. Well, they tried and managed to address the problems caused by the limitations of the first assets. They even powered the most difficult use cases such as DeFi finance and asset tokenization.
New generation: Innovation and Specialization
Investing in the latest cryptocurrency can be a perfect option to take advantage of all the innovation and specialization present in its platform. Some of these new cryptocurrencies, such as Sealana, have been designed to have the capacity to handle a greater number of transactions. Gained thus in efficiency for daily use and with large-scale applications.
Then, new releases like next generation like Base Dawgz focus on interoperability between different blockchains. This functionality allows interaction between networks and they are capable of sharing information fluidly.
Likewise, you will see that over time, new projects also adapt to reducing the carbon footprint through sustainable tokens (e-Tuk Tuk). But also with a focus on the community, games or advanced security, as in the case of WienerAI.
Despite all this, some new crypto tokens continue to succeed simply because of the speculative potential of their price. However, it is always important to ensure that a project is within an appropriate ecosystem. With features, applications, and functions that lay the necessary foundations to be able to develop successfully.
Buy the latest cryptocurrency now
Latest Cryptocurrencies You Shouldn’t Miss
The new cryptocurrencies are available to anyone who wants to support their project. And of course, also for those looking for returns and profits, whether in the short, medium, or long term. This is the time to put the magnifying glass on the latest projects that are among the most powerful appearances among the latest crypto launches and could be the booming cryptocurrencies for the coming months.
PlayDoge
The latest cryptocurrency to appear with the most impact at the moment is PlayDoge. One of the latest projects to hit the market in the form of a play-to-earn mobile game. This P2E alternative turns the iconic Doge meme into a virtual pet that is highly reminiscent of the much-loved Tamagotchi.
PlayDoge is able to combine the nostalgia of the 90s with all the power of cryptocurrencies. The care of a virtual pet along with classic 2D adventures has already raised more than 3,700,000 million dollars. The current price of the $PLAY token is $0.00506.
PlayDoge’s roadmap includes a contract audit, the start of pre-sales, and app development. Additionally, he adds future plans for $PLAY launches on DEX, beta testing, and also listings on CEX. If you don’t know how to buy PlayDoge, you will see that it is simpler than it seems.
Why invest in PlayDoge
- The $PLAY token represents the main currency of the game but also allows players to earn cryptocurrency through participation and success in the game.
- Token distribution grants up to 50% for the pre-sale phase only. With a progressive price increase model.
- Dog cryptocurrencies are booming again, which added to the P2E model can make $PLAY the next coin to explode
| Name | PlayDoge |
| Token symbol | $PLAY |
| Actual Price | $0.00506 |
| Collection so far | 3,779,203 million dollars |
| Blockchain used | Ethereum |
| Pre-sale structure | Progressive |
| Future plans | DEX/CEX Listing, Application Development, Airdrops |
WienerAI
WienerAI could also be listed as the most attractive latest cryptocurrency of the moment, at least as far as AI trading is concerned. That is, through WienerIA you can combine artificial intelligence and crypto trading, acting as a great support for investments.
WienerAI’s approach addresses efficiency based on the study of predictability. In this way, the bot can act as the right partner for market analysis. This way you will be taking advantage of improved, fee-free trading that should be enough to improve returns.
Furthermore, WienerAI has completed an audit of its smart contracts and has one of the most affordable prices ($0.000717 per $WAI token). So far, its pre-sale has already raised over $5,390,900 million, and counting.
Why invest in WienerAI
- Staking $WAI allows you to receive rewards (currently, 64% of $WAI is already staked, with an APY of 207%).
- The funds raised will go towards the expansion of the project. Including technology development and marketing strategies.
- AI support will give you an advantage when it comes to market analysis and finding opportunities
| Name | WienerIA |
| Token symbol | $WAI |
| Actual Price | $0.000717 |
| Collection so far | 5,390,976 million dollars |
| Blockchain used | Ethereum |
| Pre-sale structure | Progressive |
| Future plans | Expansion and acquisition of the Ethereum network – Listing on global exchanges and launch of the trading bot |
Sealana
Sealana has more than earned its place among pre-sale cryptocurrencies whose launches are gaining attention. Without going any further, this asset (under the name $SEAL) occupies third place on platforms such as CoinSniper, just behind projects such as PlayDoge, analyzed in this same guide.
And the truth is that the days of participating in Sealana as the ultimate cryptocurrency are coming to an end. Well, at the time of writing this guide, you only have 14 days of pre-sale ahead of you. If you are interested, you still have time to support $SEAL for a price of 0.022 per token. And you won’t be the only one, since its total raised exceeds 4 million dollars.
One of the main features of Sealana is that the project is based on the Solana blockchain. So if you are attracted to SOL memecoins, this would be a good opportunity. In addition, its purchase is simple through SOL or through your DEX wallet.
Why invest in Sealana
- Sealana is in the SOL ecosystem, with a rapidly expanding market that opens up investment options.
- On his X account, $SEAL has more than 10,000 followers, with a growing community.
- Bullish potential given the collection of more than 4 million dollars with the pre-sale ending.
| Name | Sealana |
| Token symbol | $SEAL |
| Actual Price | $0.022 |
| Collection so far | +4 million dollars |
| Blockchain used | Solarium |
| Pre-sale structure | static price |
| Future plans | Expansion in the Solana meme market – Listing on global exchanges |
Base Dawgz
Base Dawgz could be classified as the latest cryptocurrency to take advantage of all the advantages of multichain. That is, we are looking at a token (with the name $DAWGZ) capable of being traded on Ethereum, BSC, Solana, and Avalanche. This capacity is not present at all in practically the rest of the competing tokens.
With this, it is quite clear that $DAWGZ wins a lot of points for its versatility. Something that also provides facilities for storage and commerce in different ecosystems. The Base Dawgz pre-sale continues and is on track to reach $1 million, something that is expected to be feasible and with a price of $0.00502 per token.
If its roadmap continues its course, Base Dawgz will soon be seen on the lists of exchanges such as CoinGecko or CoinMarketCap. In addition, the token has 20% respectively for pre-sale, liquidity, and staking. And that’s without forgetting the rewards for users with airdrops that encourage participation, as we already saw in our article on how to buy Base Dawgz.
Why invest in Base Dawgz
- The development of $DAWGZ ensures continuity and expansion, with 15% reserved for this purpose.
- Its multi-chain property and movements between ecosystems are a strong point in the token’s favor. Improving interoperability and movements between blockchains.
- It has a ‘Share-to-earn’ model that rewards investors for sharing. This system will reward bonus points to those who share content about the DAWGZ project on social networks.
| Name | Dawgz Base |
| Token symbol | $DAWGZ |
| Actual Price | $0.00502 |
| Collection so far | $921,584 |
| Blockchain used | Ethereum, Solana, BSC, Avalanche |
| Pre-sale structure | Progressive |
| Future plans | DEX Exchanges – CoinGecko – CoinMarketCap |
Mega Dice Token
If in addition to crypto assets, you also like online casino games, then the most advisable latest cryptocurrency project for you may be Mega Dice Token. $DICE is the utility token of Mega Dice Casino, an online gaming platform that has more than 50,000 online players.
As you can probably imagine, $DICE can be used to play in the casino and have advantageous conditions (receive returns or be part of airdrops). Not only that, but by acquiring $DICE you will also be participating in the governance of the community. A community that has already raised almost 1 and a half million dollars in $DICE tokens at a price of 0.075 dollars each.
Another way to earn with $DICE is through staking and NFTs. Well, in this case, Mega Dice offers rewards based on your performance on its website, as long as you are the owner of the token and have your $DICE staked. As a holder and player, you will get limited edition NFTs.
Why invest in Mega Dice Token
- $DICE is one of the few cryptocurrencies that unites online casinos with digital assets. Being able to participate in their roulette games, slots, and table games is an important plus.
- Its roadmap involves listings on DEX, including Birdeye update. The reach will be much greater when this happens, and at the same time, its employment will be even higher.
- Airdrop for active players with a minimum bet volume in all 3 seasons. Incentives that promote the use of the token by online players.
| Name | Mega Dice Token |
| Token symbol | $SAYS |
| Actual Price | $0.075 |
| Collection so far | $1,463,841 |
| Blockchain used | Solarium |
| Pre-sale structure | Progressive |
| Future plans | DEX – CEX Listings, Birdeye Update |
99Bitcoins
The introduction of L2E models (which means learning to earn) has 99Bitcoins as the most notable latest cryptocurrency. Basically, through $99BTC you not only have the option to earn, but to learn about Bitcoin and other cryptocurrencies at the same time. An undoubtedly innovative model.
Currently, the price of $99BTC is $0.00109 per token unit. The truth is that everything seems to indicate that this learning resource is catching on among investors, who have already placed their trust in its pre-sale (more than 2 million dollars and rising). 99Bitcoins can be purchased using ETH.
If we talk about the latest cryptocurrency in online learning, 99Bitcoins is also relevant because it integrates the BRC-20 standard into the BTC blockchain. An approach with rewards for users who want to participate in educational activities. These include tutorials, quizzes, and other interactive courses.
Why invest in 99Bitcoins
- 99Bitcoins and its Learn-to-Earn model serve to acquire knowledge and receive rewards, while at the same time driving the project forward through the interaction of participants.
- Its community is one of the largest among new projects, with +700,000 followers and almost 3 million subscribers. Having a very solid base to support the platform.
- The multiple benefits of $99BTC, such as access to premium content, trading signals, or staking rewards, will surely increase its demand.
| Name | 99Bitcoins |
| Token symbol | $99BTC |
| Actual Price | $0.00109 |
| Collection so far | $2,146,824 |
| Blockchain used | Bitcoin – BRC20 |
| Pre-sale structure | Progressive |
| Future plans | DEX and CEX Listings, Learn-to-Earn Optimization, Bridge to BRC-20 |
Spongev2
Knowing the new cryptocurrency that may have the most potential is not certain, although Sponge did achieve a 100x bomb with the launch of the V1 version. Now, Sponge is already in version V2. And this could be the ideal time to get the most out of a project fully adhered to the well-known image of SpongeBob SquarePants.
Sponge V2 is in the last opportunity to invest in the token. This project allows capitalization and was already able to demonstrate notable growth. The transition from Sponge V1 to V2 occurred successfully and this could be the best time to stake Sponge V2 before its listing on exchanges.
The launch price of V1 was $0.000025, but now, the V2 version can be purchased for $0.000146. This increase represents a 585% increase, with more than a million dollars staked in Sponge V2. His achievements include ATH market capitalization of 100 million, more than 13,000 holders, and a presence on +10 DEX exchanges.
Why invest in Sponge
- Investors who already own $SPONGE in its V1 version can stake to earn V2 tokens.
- Exchanging ETH or USDT for V1 tokens will automatically be staked, giving you bonus V2 tokens.
- His following has more than 37,000 followers on social networks like X.
| Name | Sponge V2 |
| Token symbol | $SPONGE |
| Actual Price | 0.000146 |
| Collection so far | $1,030,360 |
| Blockchain used | Ethereum |
| Pre-sale structure | Staking tokens V1 |
| Future plans | Listings on +10 exchanges, Play-to-Earn game integration, V2 staking rewards |
e-Tuk Tuk
The latest cryptocurrency to arrive in the form of a solution for the development of sustainable transportation, powered by AI, is e-Tuk Tuk. Its design is designed with the aim of changing the transportation landscape in developing countries. With subsequent development in different places on the planet.
The green pre-sale of e-Tuk Tuk built on the blockchain is active, and the price of 1 $TUK is $0.033. In case you’re wondering, its collection is already around 3 and a half million dollars. Additionally, you can comfortably acquire $TUK through BNB for staking as it could be the best strategy to invest in 2024.
The eTukTuk platform promotes green and affordable transportation, yes, but it also allows its customers to upgrade vehicles, participate in challenges or unlock new cities. Joining in its pre-sale stage means getting early access to special in-game rewards. You will only need a Web3-compatible wallet.
Why invest in e-Tuk Tuk
- Holding $TUK tokens as valuable assets allows you to benefit from the parallel growth of the project.
- The accelerated development of the game is contemplated. With a closed beta for the first followers, and the public launch of the full version of e-Tuk Tuk.
- There are not too many crypto projects aimed at the development of sustainable transportation. So e-Tuk Tuk does not have much competition in this regard.
| Name | e-Tuk Tuk |
| Token symbol | $TUK |
| Actual Price | $0.033 |
| Collection so far | $3,483,710 |
| Blockchain used | Binance – BEP20 |
| Pre-sale structure | Progressive |
| Future plans | Launch on exchanges – Closed beta and public launch. – Global game expansion and new features. |
Safety, licensing, and regulations
As you have just seen in the analysis of each most interesting latest cryptocurrencies in its sector, among its future plans is listing on exchange platforms. These websites are created specifically so that you can buy, sell, or manage your tokens in the way you see fit.
And it is precisely at this moment when a platform of Kraken’s stature may be advisable. Well, its presence for several years has continued to reflect a commitment to security, obtaining licenses, and compliance with regulations for the management of the latest cryptocurrencies.
Its security team is made up of professional experts with decades of experience in this field. Not only that, they have also been part of the creation of security software for leading companies. Something they achieve through demanding tests of their services and third-party products with the aim of locating any type of gap.
At the same time, Kraken is responsible for working with external auditors to complete reserve testing. They also guarantee transparency and reliability of the assets for their exchange and on-chain staking service.
Kraken can use advanced hot and cold wallet solutions with an eye toward protecting customer funds. The facilities in which they are housed are completely monitored by security systems and encrypted information. Additionally, it includes 2FA verification, unique API key permissions, and account locks for withdrawals.
In addition to all this, it is also worth highlighting the fact that Kraken obtained licenses to operate as a Bitcoin and crypto exchange in Spain and Ireland. So it is allowed to offer its exchange services and custody wallets to Spanish residents.
Buy the latest cryptocurrency now
Conclusion
In conclusion, it could be said that the latest cryptocurrency does not exist as such, but rather it is about locating the latest projects with the greatest scope of the moment. You have a perfect example in this guide, with up to 8 new cryptos that are booming, in pre-sale and with the greatest growth potential at the lowest possible price.
Is it certain that any of them will be the last cryptocurrency to explode? No. But they do meet all the conditions to be so. So our advice is that you thoroughly examine each project before deciding to invest or be part of a new ecosystem. The options to do so are extensive and there are compelling reasons to trust each of the tokens.
Buy the latest cryptocurrency now
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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
- 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.
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.
Source: IntoTheBlock
Next: Why Bitcoin Must Surpass $61K Soon, According to Analysts
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.
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.
Bitcoin Strategic Reserve is happening! [My BTC Price Target]
There is no Altseason for 2025. [PROOF]
Are Cryptocurrencies Losing Ground Due to Trump Hype? [SHAKEOUT DUMP INCOMING!]
Don’t panic, what happens next for cryptocurrencies will be fast!
Trump spends $500 billion on artificial intelligence! [Full Altcoin Buy List]
Japan just triggered PANIC IN THE GLOBAL MARKET! [CRYPTO DUMP]
New Crypto Wallet Collects Over 350 Billion PEPE Tokens: Can This Make Memecoin Soar? ⋆ ZyCrypto
Over 1 million new tokens launched since April
Golem Project Joins ETH Staking Frenzy, Locks Up 40,000 Tokens
a new era for DEX tokens
Bitcoin Strategic Reserve is happening! [My BTC Price Target]
There is no Altseason for 2025. [PROOF]
Are Cryptocurrencies Losing Ground Due to Trump Hype? [SHAKEOUT DUMP INCOMING!]
Don’t panic, what happens next for cryptocurrencies will be fast!
Trump spends $500 billion on artificial intelligence! [Full Altcoin Buy List]
-
Videos6 months agoJapan just triggered PANIC IN THE GLOBAL MARKET! [CRYPTO DUMP]
-
News9 months agoNew Crypto Wallet Collects Over 350 Billion PEPE Tokens: Can This Make Memecoin Soar? ⋆ ZyCrypto
-
Memecoins8 months agoOver 1 million new tokens launched since April
-
News7 months agoGolem Project Joins ETH Staking Frenzy, Locks Up 40,000 Tokens
-
News7 months agoa new era for DEX tokens
-
Memecoins7 months agoSolana Sets New Records With Its Memecoins
-
Bitcoin8 months agoCrypto Analyst Predicts Record Bitcoin Gains Before October Amid Global Liquidity Shifts ⋆ ZyCrypto
-
Bitcoin7 months agoCrypto President Trump’s ‘Lesser’ Regulation Will Bless Coinbase’s Bitcoin Leverage, Expert Says – Coinbase Glb (NASDAQ:COIN)
-
News7 months agoPepe Investors Seek New Rewards From Rival Token Mpeppe (MPEPE) at $0.0007
-
Memecoins9 months agoSolana co-founder strongly supports meme coins; highlights memecoin migration from ETH to Solana ⋆ ZyCrypto
-
Videos9 months agoLIVE FOMC 🚨 Could be CATASTROPHIC for Altcoins!
-
Memecoins9 months agoAI Tokens Take the Baton from Memecoins to Drive a Market Rebirth ⋆ ZyCrypto