Tag: Token

DeFi token AAVE eyes 40% rally in May but ‘bull trap’ risks remain

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A sharp rebound move witnessed in the Aave (AAVE) market in the last three days has raised its potential to rise further in May, a technical indicator suggests. AAVE price rebounds from key support Dubbed a “rising wedge,” the pattern appears when the price rises inside a range defined by two ascending, contracting trendlines. It typically resolves after the price breaks below the lower trendline with convincingly rising volumes. AAVE has been painting a similar ascending channel since early February 2022. The AAVE/USD pair has bounced in the past few days after…

Optimism-based projects spike on rumors of token airdrop

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The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community. Optimism is a Layer 2 scaling solution that utilizes Optimistic rollups to process a high amount of transactions off the Ethereum blockchain. The project touts that it can operate smart contracts 5 to 500X cheaper than Ethereum’s Layer 1. According to DeFiLlama, the platform currently accounts for $496.47 million worth of total value locked (TVL)…

Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign – Press release Bitcoin News

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press release PRESS RELEASE. GensoKishi are excited to announce that $MV ( MV(Polygon)/USDT trading pair) will list on KuCoin at 2022-04-20 18:00 (UTC), a leading cryptocurrency exchange in the world. GensoKishi are going to have various campaigns to celebrate the trading pair listing. Know more details. Please check the CAMPAIGN page on KuCoin! About KuCoin KuCoin is a cryptocurrency exchange established in 2017 and located in Hong Kong. KuCoin has a large selection of crypto assets that are only listed on KuCoin and are very popular worldwide. Due to 2022-4-14,…

Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture

In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with its joint venture partner ICICB Group and its subsidiaries. Previously, the two had jointly created the Atari Chain and the namesake Atari Token (ATRI). However, the company has had a change of heart regarding the deal, and announced it was disclaiming interest in the joint venture, stating “ICICB is not authorized to represent Atari or its brands in any manner.” “Atari disclaims any interest in the […] Joint…

London-based blockchain game developer, First Light Games completes a $5 million token sale funding round

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First Light Games has successfully completed a $5 million private token sale round led by Animoca Brands and Mechanism Capital to develop its play-to-earn mobile-based game, Blast Royale. In an announcement today, London-based game development firm, First Light Games successfully closed a $5 million private token sale in an effort to boost the development and adoption of its blockchain-based mobile game, Blast Royale. The private token sale was led by top investors in the space including Mechanism Capital and Animoca Brands, a blockchain firm that has already invested in over…

ACH Is the Token Driving Global Crypto Payments – Sponsored Bitcoin News

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sponsored ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the token that incentivises clients and investors attracted to the advantages Alchemy Pay’s crypto payment solutions offer them and their businesses. It is listed on Bithumb, Binance, Coinbase, Huobi, Bybit, MEXC, Pancake Swap, Uniswap, and many…

Avalanche-Based Blockbuster Game Shrapnel Completes $7M Token Sale

“I think the first developer that publishes the opportunity for players to make a game, a core competitive game of their own, could be one of the next major franchises, and that’s exactly what Shrapnel is,” Long said in an interview. “It’s completely built around the ability for players to mod the game. So we’ll give them the same level of tools that we have as professional developers.” Source

NEAR Token Has Doubled in 4 Weeks, Here’s Why

CryptoX – Cryptocurrency Analysis and News Portal “They will offer an extremely attractive ~20% APR [annual percentage rate], which will ignite DeFi capital rotation into the Near ecosystem, siphoning the total value locked from other alternative layer-one protocols,” Kole said in a Substack post. “This will lead to a comparison of Near to Terra (LUNA) as the narrative for attractive stablecoin yields proliferates.” Original Source The post NEAR Token Has Doubled in 4 Weeks, Here’s Why appeared first on CryptoX. CryptoX Portal

NEAR Token Has Doubled in 4 Weeks, Here’s Why

“They will offer an extremely attractive ~20% APR [annual percentage rate], which will ignite DeFi capital rotation into the Near ecosystem, siphoning the total value locked from other alternative layer-one protocols,” Kole said in a Substack post. “This will lead to a comparison of Near to Terra (LUNA) as the narrative for attractive stablecoin yields proliferates.” Source