Este artículo también está disponible en español. GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s no surprise that its token launch and airdrop last October 28th was highly anticipated. Related Reading While the airdrop was marred by a few issues, including a three-hour outage, the token’s price rally succeeded. Last…
Tag: Token
Trump’s Crypto Token Offering: $300 Million Goal With Minimal US Participation
Este artículo también está disponible en español. World Liberty Financial, a decentralized finance (DeFi) initiative endorsed by former President Donald Trump, has disclosed that its ambitious $300 million crypto token offering is largely aimed at international investors. To date, fewer than 350 US investors have engaged with the project, raising questions about its domestic appeal amidst a landscape of regulatory scrutiny led by the US Securities and Exchange Commission (SEC). World Liberty Financial’s Offshore Focus Operating out of Wilmington, Delaware, yet managed from Puerto Rico, World Liberty recently filed a…
BNB Token Burn: $1 Billion Of Tokens Sent To ‘Black Hole’ Address — Impact On Price?
On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project’s commitment to a deflationary approach in order to ensure growth. A total of 1,772,712.363 BNB tokens (worth approximately $1.07 billion) were automatically burned in this quarter’s event. According to the foundation’s blog post, this quarter’s burning was (and subsequent token burning events will be) performed directly on Binance Smart Chain (BSC), with the burn amount sent to a “black…
3 reasons Cardano and XRP investors are rushing to buy this new token under $0.001
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting focus to XYZVerse, a new token with a low entry price, attracting seasoned traders seeking growth. Investors in top cryptocurrencies are rapidly turning their attention to a new token with a remarkably low entry price. This emerging asset is generating excitement among those seeking significant returns beyond their current holdings. Its unique approach and potential for explosive growth are capturing interest from seasoned traders looking for…
FBI-Created Token Hits Its Mark: Landmark Guilty Plea Shatters Crypto Fraud Ring
The FBI’s fake cryptocurrency token unraveled a landmark market manipulation case, leading a founder to plead guilty to running automated wash trades across exchanges. In FBI-Created Token’s Trap, Crypto Mogul’s Empire Collapses The U.S. Department of Justice (DOJ) announced on Wednesday that Liu Zhou, the founder of Mytrade, a cryptocurrency financial services firm, has pled […] Source CryptoX Portal
Blockchain Celestia Braces for Price Volatility for TIA Amid $900M Token Unlock
“There could be some pronounced effects,” David Shuttleworth, partner at Anagram, told CoinDesk, noting that the amount of tokens being unlocked is multiple times larger than the average daily trading volume between $50 million and $200 million over the past month. “The broader timing, however, is favorable,” he added, with bitcoin (BTC) trading near all-time highs and other majors including ether (ETH) and solana (SOL) also performing well. Source
Cardano Teams with BitcoinOS to tap BTC’s $1.4T market; investors back Toncoin and this new hybrid token
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market is bullish as Bitcoin nears a peak. Cardano partners with BitcoinOS to unlock BTC’s $1.4T market, while investors also back the new hybrid altcoin DTX. The crypto market has moved into a bullish timeframe, with Bitcoin’s (BTC) rally to a new peak just a matter of time. Amid this, Cardano (ADA) partners with BitcoinOS, a smart contract platform for Bitcoin. Set to unlock BTC’s $1.4 trillion…
The “sentient AI” Token Valued at $800 Million That Might Not be That Smart
The notion, cited by some, of a sentient memecoin might be less about believing the coin itself is sentient and more about participating in a collective narrative or experiment to see how far the idea can go, how it affects market behavior, or how it explores the concept of value in cryptocurrencies. Source
Near token could surge 225%, crypto analyst predicts
Near Protocol token remains in a strong bear market after falling by almost 50% from its highest level this year. Near (NEAR) was trading at $4.62 on Oct. 24, as Bitcoin (BTC) and most altcoins remained under pressure. However, Michael van de Poppe, a popular crypto analyst with over 700,000 followers on X, predicted that it will soon bounce back and move to between $10 and $15. If it rises to the upper side of his forecast, it would mean a 225% increase from the current level. The markets are…
Web3 Automation Provider Ava Protocol’s Demand Surges 900% Ahead Of Token Launch
Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has seen notable growth since launching in July. The Web3 automation provider reported a significant increase in demand for its “super-transactions” solution ahead of its token launch. Web3 Automation Provider Sees 900% Demand Increase Ava protocol reported a 900% surge in demand for its blockchain automation solution. The EigenLayer AVS offers Web3 infrastructure to support cross-chain automation, enabling composable autonomous transactions and allowing developers to deploy dApps rapidly. The protocol records $3 billion in restaked assets since launching on EigenLayer’s mainnet four months…