TRON’s New Meme Coin Launch Platform Offers One-Click Token Launch The unprecedented bonding curve mechanism eliminates the need for pre-sales. The first day of operation of the Sun Pump is marked by imitation and parody coins. The meme coin boom of 2024 has been a major catalyst for several blockchains to come to prominence. Initially led by Solana (SOL) heavyweights like BONK and WIF, new blockchains like TON Network and Base Layer-1 have provided a variety of meme coins that have driven up demand for their parent chains. Tron (TRX), one of the oldest alternative blockchains to Bitcoin (BTC), is…
Author: Crypto Flexs
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Cryptocurrency exchange Coinbase has started offering cryptocurrency services in Hawaii.According to a press release shared by The Block, Hawaii residents will be able to buy, sell, and manage cryptocurrencies on Coinbase, and they can also use the exchange to stake assets and send funds internationally.Coinbase said in a press release that it has “officially entered Hawaii following regulatory changes from the Hawaii Department of Commerce and the Division of Financial Institutions and Consumer Protection that provide clarity for cryptocurrency companies.”According to The Block’s data dashboard, Coinbase recorded about $64 billion in cryptocurrency trading volume in July.Hawaii’s Cryptocurrency SystemAs Bitcoin.com News…
Louisa Crawford 13 Aug 2024 16:58 Binance announced Toncoin (TON) as the 56th project on Launchpool. Users can stake BNB and FDUSD to earn TON and participate in Super Earn. Leading cryptocurrency exchange Binance has announced that it has added Toncoin (TON) as the 56th project on its Launchpool platform. According to Binance, users will be able to farm TON tokens by staking BNB and FDUSD tokens in a separate pool for 20 days starting August 15, 2024.TON Launcher DetailsToncoin (TON) is a decentralized and open layer 1 blockchain. The total token supply is…
A widely known cryptocurrency analyst is predicting that one of the Ethereum (ETH)-based altcoins will suddenly surge in price. Anonymous cryptocurrency trader Credible has shocked investors in a new thread on social media platform X by telling his 409,300 followers that the native asset of stablecoin-focused decentralized exchange Curve DAO (CRV) could soon double in value. “CRV will quickly revalue to twice its value, and most investors will be left out of everything else.” At the time of his prediction, CRV was trading at around $0.25. At the time of writing, CRV is trading at $0.30, up 19.6% over the…
After the recent cryptocurrency market crash and the rapid rebound of some tokens, MN Trading founder Michael van de Poppe clearly sees a new trend forming. “If there was no narrative in the market, a new narrative would emerge, and I think from an investment perspective, that’s DeFi,” van de Poppe told Hall of Flame. “I think a pure-play strategy that allocates to ETH and DeFi will see both of those surge in the coming months,” he argues. Van de Poppe named Aave (AAVE), Maker (MKR), Ethereum Name Service (ENS), Bittensor (TAO), Celestia (TIA), and Rocket Pool (RPL) as tokens…
Bitcoin’s Loon protocol is showing signs of cooling off, with its fee share trending down to 8.37%, nearing its all-time low of 2.16%. This decline stands in stark contrast to the protocol’s explosive debut.Loon came into existence on April 20th, coinciding with the Bitcoin halving, generating a whopping $62.55 million in fees on its first day. The launch of the protocol was a testament to the Bitcoin community’s eagerness for on-chain experimentation.Fast forward to today and the landscape looks dramatically different. Other fees now dominate, accounting for 91.63% of the pie. This change raises questions about the longevity of the…
Since August 9, the price of BitTorrent (TAO) has experienced a steady daily decline. This downward trend is in sharp contrast to the performance of altcoins from August 5 to 8, when the price was rising. Holders had hoped TAO would continue its upward trend and retest last week’s highs. However, it appears the same investors are responsible for the recent decline. Project development alone is not enough to promote Bittensor accumulation. At the time of writing, TAO is trading at $278.93, down 15% over the past 4 days. According to the daily chart, the Money Flow Index (MFI) and…
TL;DR (Focused Takeaway)You should not retain temporary paper copies of your cryptocurrency wallet seed phrase.The Vault12 digital vault is ideal for permanently and securely storing your seed phrase backups.It’s easy to discard temporary paper seed phrases, but details are very important. You can dispose of it by burning it in the kitchen and then washing away the ashes.It can be disposed of by erasing, shredding, and cutting into pieces, then washing them in water. Remember that you can access your cryptocurrencies via your wallet seed phrase. Now you know what your cryptocurrency wallet seed phrase is. The most important Things…
Rebecca Moen 13 Aug 2024 13:40 According to Glassnode Insights, despite the recent market downturn, Bitcoin investors are increasingly HODLing, suggesting a shift toward accumulation. According to Glassnode Insights, despite the cryptocurrency market experiencing its biggest downturn of the cycle, there is a significant shift among Bitcoin (BTC) investors towards HODLing and accumulation.summationAfter months of massive circulation pressure, Bitcoin holders are showing signs of returning to HODLing and accumulating. While spot markets show continued net selling pressure, a significant portion of the network wealth is now held by long-term holders (LTH), indicating high confidence…
Ethereum (ETH) price is having a rough time in Q3. New data shows that an Ethereum ICO whale with 1 million ETH has been moving large amounts of money to exchanges in the past month.The launch of a spot Ethereum ETF has also failed to spark a positive price reaction, with net total inflows largely negative due to Grayscales’ ETHE outflows.Whale bought 1M ETH in ICO for $0.31.According to Lookonchain, the given Ether whale address was “born” 3,300 days ago when it received 1 million ETH at a price of $0.31. However, over the past month, the wallet has made…