BTCWire, Author at Blockonomi Cryptocurrency News & Your Guide to the Blockchain Economy Wed, 07 Aug 2024 11:24:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://blockonomi.com/wp-content/uploads/2020/07/fav-50x50.png BTCWire, Author at Blockonomi 32 32 134176212 Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase https://blockonomi.com/sharp-drops-for-solana-and-doge-digi-poised-for-growth-in-next-phase/ Wed, 07 Aug 2024 11:24:57 +0000 https://blockonomi.com/?p=100519 The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn. In contrast, Digihorse’s DIGI token, currently in [...]

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The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn.

In contrast, Digihorse’s DIGI token, currently in its presale phase and listed at $0.003333, is attracting considerable attention. Predictions suggest that the token will see a significant increase by the time it reaches stage 2 of its listing.

Solana Faces Severe Price Drop

Solana’s price plummeted over 36.72% within a week, with key trading sessions on August 1st and 3rd marking significant losses. Initially, the cryptocurrency dropped more than 10% to around $150, largely due to traders liquidating positions—over $22.44 million in both long and short bets, with longs suffering most amid a bearish outlook.

The downturn continued on August 3rd, with an additional 8% loss in just 24 hours, pushing Solana below the crucial $157 support level. This breach deepened market pessimism, hinting at a potential fall towards $120.

Dogecoin’s Intense Sell-Off Pressure

Dogecoin has experienced a turbulent period, with substantial liquidations shaking its market over the past two days. According to Coinglass, approximately $360 million in Dogecoin trades were erased, including a significant disparity between long and short positions—$299 million of longs and $59.07 million of shorts were liquidated. 

The past 24 hours were particularly harsh, with $246.84 million in longs wiped out, starkly contrasting with $35.16 million in shorts, reflecting a prevailing negative market sentiment.

The impact on Dogecoin’s value is evident, as it has declined 35% over the last week, now trading at $0.08655. Analysis of wallet activity indicates that while 74% of active Dogecoin wallets are currently ‘in the money,’ the remaining 25% are at a loss. This distribution suggests potential sell-off behaviors among profit-taking holders, aiming to capitalize before potentially buying back at lower prices.

DigiHorse (DIGI) Lucrative Presale and Immersive Gaming Experience

DigiHorse Empires is capturing significant investor interest in its presale phase, with $DIGI tokens priced attractively at $0.003333 each from a total supply of 1,125,000,000. This strategic pricing ensures scarcity and potential value appreciation over time.

Beyond its appealing presale, DigiHorse Empires is revolutionizing the Web3 gaming space by merging Play-to-Earn (P2E) mechanisms with immersive, blockchain-powered gameplay. Players can earn real-world value through a fully interactive virtual environment where they can socialize, strategize, and engage in rewarding activities. 

The platform’s vibrant marketplace offers a variety of AI-powered NFT wearables, allowing players to customize their horses with stylish accessories, enhancing both aesthetics and performance.

As DigiHorse continues to expand its ecosystem and execute its roadmap, it is poised to become a leading entity in the cryptocurrency and gaming landscapes, making DIGI one of the most promising DeFi tokens to invest in this year.

Learn More About the Thrilling Opportunities of DigiHorse ($DIGI) Presale Now!

Website: www.digihorseempires.io  

Twitter: DigiHorse Empires  

Telegram: DigiHorse Empires Official 

Presale: Join Now

 

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DigiHorse (DIGI) Rises in P2E, SOL Rallies And XRP Eyes Breakout https://blockonomi.com/digihorse-digi-rises-in-p2e-sol-rallies-and-xrp-eyes-breakout/ Tue, 06 Aug 2024 14:36:25 +0000 https://blockonomi.com/?p=100461 The crypto market is witnessing a dynamic shift as innovative projects like DigiHorse (DIGI), Solana (SOL), and XRP capture investor interest. With the Play-to-Earn (P2E) gaming model gaining traction, DigiHorse is positioning itself as a front-runner in this burgeoning sector. Meanwhile, Solana’s recent rally highlights the growing influence of meme coins, and XRP’s steady performance [...]

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The crypto market is witnessing a dynamic shift as innovative projects like DigiHorse (DIGI), Solana (SOL), and XRP capture investor interest.

With the Play-to-Earn (P2E) gaming model gaining traction, DigiHorse is positioning itself as a front-runner in this burgeoning sector. Meanwhile, Solana’s recent rally highlights the growing influence of meme coins, and XRP’s steady performance suggests a potential breakout. Let’s explore these developments and what they mean for investors.

XRP Poised for Possible Breakout in 2025 Amidst Price Stagnation

XRP’s price has experienced a notable recovery, climbing to as high as $0.65 in the last 31 days. Although the price action has been relatively stable, there is growing anticipation among XRP holders for a substantial rally in 2024. 

XRP’s position as a speculative asset within the top ten cryptocurrencies, second only to Dogecoin in volatility, adds to the intrigue surrounding its potential future performance. The ongoing legal battle and market conditions will be critical in determining whether XRP can achieve a significant breakout in the coming years.

Solana (SOL) Thrives Amid Ongoing Meme Coin Craze

Solana has seen a remarkable resurgence. Fluctuating around $122.44 on the lower end and $193.73 on the higher end in July 2024, contributing to an impressive year-to-date increase. This rally is fueled by the growing popularity of meme coins on Solana’s network despite the network’s previous challenges. But today, it’s trading at $117.53.

The ecosystem now boasts a daily trading volume exceeding $67 billion, with meme coins like WIF leading the charge. The excitement surrounding these tokens has revitalized interest in Solana, positioning it as a key player in the cryptocurrency space. As meme coin mania continues, Solana’s robust infrastructure and vibrant community will likely sustain this momentum.

DigiHorse Primed to Dominate the Future of Online Gaming

DigiHorse is making waves in the blockchain gaming industry, particularly with its Play-to-Earn (P2E) model. The project’s listing price is pegged at $0.75, a staggering 2150% increase from its initial presale price, spotlighting the significant growth and investor interest. As the first NFT horse racing game on the Base Chain, DigiHorse offers a unique gaming experience that combines blockchain technology with the excitement of horse racing.

The game features AI-powered NFT skins, allowing players to customize and enhance their in-game avatars, making the gameplay more engaging and personalized. The project’s strong focus on community engagement has fostered a loyal following, with various initiatives to enhance user participation and retention.

Looking ahead, DigiHorse has ambitious expansion plans. The development of a mobile application is in the works, enabling users to manage their assets and participate in the game from anywhere, increasing accessibility and convenience. 

The introduction of exclusive in-game events and limited-edition NFTs will create further excitement, attracting players and collectors. With plans to expand into new markets and gaming niches, DigiHorse is poised to become a major player in the online gaming space, offering substantial growth for investors who are getting in already.

Learn More About the Thrilling Opportunities of DigiHorse ($DIGI) Presale Now!

Website: www.digihorseempires.io  

Twitter: DigiHorse Empires  

Telegram: DigiHorse Empires Official 

Presale: Join Now

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Bitcoin Dominates Market; Polygon, Avalanche, DigiHorse Offer Huge ROI Potential https://blockonomi.com/bitcoin-dominates-market-polygon-avalanche-digihorse-offer-huge-roi-potential/ Mon, 05 Aug 2024 14:56:50 +0000 https://blockonomi.com/?p=100405 While Bitcoin keeps dominating the cryptocurrency space, smaller coins like Polygon, Avalanche, and DigiHorse are attracting attention for their significant profit potential. These tokens offer unique opportunities, each within its own niche.  Polygon and Avalanche compete for market share in highly contested areas. DigiHorse, on the other hand, is carving out a strong position in [...]

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While Bitcoin keeps dominating the cryptocurrency space, smaller coins like Polygon, Avalanche, and DigiHorse are attracting attention for their significant profit potential. These tokens offer unique opportunities, each within its own niche. 

Polygon and Avalanche compete for market share in highly contested areas. DigiHorse, on the other hand, is carving out a strong position in the expanding blockchain gaming sector, valued at USD 128.62 billion in 2022. Thanks to its innovative approach and growing market interest, experts suggest that DigiHorse could potentially deliver 2150% returns in 2024.

Polygon (MATIC) Poised for Potential Swing

The Polygon (MATIC) token has recently faced downward pressure amid a volatile cryptocurrency market. It has experienced a decline of 19.76% over the last 24 hours, with a trading volume of $650.81 million. 

Over the past week, the token’s value dropped, decreasing by 17% over the past month. However, a potential breakout above the current consolidation pattern could see Polygon rally towards the $0.690 resistance level. If sustained, this move might pave the way for further gains, potentially targeting the $0.890 mark in the upcoming weeks. 

Conversely, failure to hold above critical support at $0.50 could result in a new annual low for MATIC.

Avalanche (AVAX) Sees Strong Growth Despite Market Fluctuations 

Avalanche (AVAX) has caught the attention of market analysts, who are optimistic about its prospects. Over the past year, the price of Avalanche has surged by 100%, with its market capitalization approaching $11 billion. 

Avalanche is trading at $18.70, with predictions of an over 30% price increase in August that could drive the token to $24.31. However, this expected rise may be accompanied by price volatility, which is characteristic of the broader crypto market.

As Avalanche continues to grow, it remains an attractive option for investors seeking high returns despite the inherent risks and fluctuations that come with the territory. The token’s strong performance over the past year shows its potential as a critical player in the crypto space, especially as it continues to innovate and expand its ecosystem.

DigiHorse (DIGI) Ignores Market Conditions as Investors Snap Up Presale

DigiHorse Empires is making waves in the blockchain gaming industry with its innovative play-to-earn features, drawing significant investor interest. Players can earn through various gameplay elements, including race winnings, where NFT horse owners compete for financial rewards. The game also allows players to own and manage virtual hippodromes, providing venues for races and generating income from entry fees and advertising. Additionally, players can breed and sell NFT horses, potentially profiting from unique traits and rarities.

The marketplace in DigiHorse Empires offers opportunities for trading and collecting assets while staking the game’s native tokens can provide passive income. Special in-game events and tournaments offer further earning potential, along with the training and development of horses to enhance their value. The game also includes a virtual real estate aspect, where players can buy and sell hippodromes, adding another layer of investment and profit potential. 

This comprehensive ecosystem positions DigiHorse as a standout player in the blockchain gaming sector, with the potential for significant returns.

Learn More About the Thrilling Opportunities of DigiHorse ($DIGI) Presale Now!

Website: DigiHorse Empires  

Twitter: DigiHorse Empires  

Telegram: DigiHorse Empires Official 

Presale: https://digihorseempires.io/?utm_source=PR+tena&utm_medium=pressrelease

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Fantom and TARS AI’s Success Stories And MoonBag’s Smooth Landing in the Top Meme Coin Presales, Raising $3.8 Million https://blockonomi.com/fantom-and-tars-ais-success-stories-and-moonbags-smooth-landing-in-the-top-meme-coin-presales-raising-3-8-million/ Sat, 03 Aug 2024 22:00:05 +0000 https://blockonomi.com/?p=100387 The crypto market is a high-risk place where you can gain quick riches one day and lose it all in the blink of an eye. This makes narrowing down one’s investment choices and ending up with a finalist daunting. Let’s investigate three key players: Fantom, TARS Protocol, and MoonBag(MBAG). MoonBag is a rising star capturing [...]

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The crypto market is a high-risk place where you can gain quick riches one day and lose it all in the blink of an eye. This makes narrowing down one’s investment choices and ending up with a finalist daunting. Let’s investigate three key players: Fantom, TARS Protocol, and MoonBag(MBAG). MoonBag is a rising star capturing investors’ money and interest with its innovative presale strategy and potential for massive returns.

It has already raised an impressive $3.8 million, making it an excellent spot in the top meme coin presales space. Let’s break down how these coins stack up against each other and explore their potential for future growth.

Fantom: Speeding Ahead on the Blockchain Highway

Fantom (FTM) deserves all your attention this week. It’s been making waves lately as it shows signs of a strong comeback, with rumours hitting hard about its potential to hit $1 anytime soon. Thanks to its unique Lachesis consensus mechanism, this platform is all about scalable, decentralised applications (dApps) and smart contracts that bring super-fast and cheap transactions. This tech provides near-instant finality and handles a high volume of transactions, making it a hot pick for developers and users alike. With growing adoption and bullish market conditions, Fantom’s future looks bright!

TARS Protocol: AI-Powered Innovation

TARS Protocol (TAI) is making headlines with significant recent developments. The native coin, TAI, surged by 55.29% in just seven days, driven by its listing on major exchanges like Bitpanda and upcoming airdrops. TARS Protocol integrates AI with the Solana network, offering unique AI-powered tools and services, which have fueled its growing demand. The project also benefits from continuous coin burns, ensuring its demand and long-term value remain intact. TARS Protocol aims to be the go-to AI layer for Web3 applications, positioning itself strongly in the expanding AI sector.

MoonBag: Making it to the Top Meme Coin Presales with Killer Strategy

MoonBag crypto is gearing up for an exciting phase with its confirmed listing on LBank in October 2024. This listing is anticipated to drive significant market interest and liquidity. MoonBag coin’s innovative presale structure is divided into multiple stages, each offering increasing coin prices, symbolising the journey to the moon. This approach encourages early investment and provides clear growth potential for investors.

In stage 7 of its presale, MoonBag crypto has raised an impressive $3.8 million. Now, Investing $0.0005 per MBAG coin means acquiring 2,000 coins for just 1 USDT. By the end of the presale, the price is projected to hit $0.002, potentially growing your investment by 300%. Post-launch projections are even more promising, with an expected ROI of up to 500%.

Additionally, MoonBag Coin fosters a strong community with its active Telegram group, “MoonBag”, where members share insights, interact, and stay updated on the latest developments. This community-centric approach strengthens investor confidence and support, enhancing the overall experience and engagement.

How to Buy MoonBag 

If you want to enjoy massive ROI, now is the perfect time to participate in the MoonBag presale. It’s one of the best among the top meme coin presales and offers many other benefits in addition to great ROI. Visit the official MoonBag website, connect your digital wallet, add crypto money, and buy MBAG coins.

MoonBag Referral Programme

The MoonBag referral program is one of the many ways to earn big bucks with MoonBag and has landed MoonBag in the top spots in the top meme coin presales list. When someone from your network uses your referral code to buy MBAG coins, they get 50% additional MBAG coins, and your chances brighten to land in the top 20 referrers who win 10% cash back on the total purchases made using their referral code.

Staking Rewards With MoonBag

Ever wanted a money-making machine? Moonbag staking rewards bring you one. Put your MoonBag coins on hold, sit back, and relax—you’ll earn 88% APY as staking rewards!

Conclusion

Fantom, TARS Protocol, and MoonBag each offer distinct advantages in the crypto space. Fantom is gaining attention for its scalable blockchain platform and potential price surge, appealing to developers and users seeking efficient transactions. TARS Protocol integrates AI with the Solana network, and it has recently seen a significant price increase and promising unique AI-powered tools. MoonBag, with its structured presale and upcoming LBank listing, presents substantial ROI opportunities and a strong community focus. Each project caters to different investor needs, from scalable tech and AI integration to promising investment returns. At the same time, MoonBag has slayed it, outshining every coin on the top meme coin presale list.

Join The MoonBag Presale

Presale: https://moonbag.org/presale

Whitepaper: https://moonbag.org/documents/whitepaper.pdf

Twitter: https://twitter.com/Moonbag_org

Telegram https://t.me/MoonBag_official

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Did You Miss Axie Infinity and Golem Golden Time? MoonBag’s Best Crypto Coin Presale Offers Passive Income Potential https://blockonomi.com/did-you-miss-axie-infinity-and-golem-golden-time-moonbags-best-crypto-coin-presale-offers-passive-income-potential/ Sat, 03 Aug 2024 17:37:35 +0000 https://blockonomi.com/?p=100379 Are you losing faith in once-dominant cryptocurrencies like Golem (GLM) and Axie Infinity (AXS)? As doubts linger over their future, a new coin has emerged, ready to shake up the crypto world. Introducing MoonBag (MBAG), the best crypto coin presale, is making waves with its jaw-dropping 88% APY staking rewards. The wildly successful MoonBag presale, [...]

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Are you losing faith in once-dominant cryptocurrencies like Golem (GLM) and Axie Infinity (AXS)? As doubts linger over their future, a new coin has emerged, ready to shake up the crypto world.

Introducing MoonBag (MBAG), the best crypto coin presale, is making waves with its jaw-dropping 88% APY staking rewards. The wildly successful MoonBag presale, now in Stage 7, has already raised over $3.8 million, captivating the attention of even the most seasoned crypto investors.

Don’t miss out on this opportunity. Let’s dive into the challenges facing AXS and GLM and uncover the unique potential of the MoonBag presale.

Axie Infinity’s Security Woes Drive Investors Away

Axie Infinity, a blockchain-based game, is facing a major security crisis. Investors are questioning the platform’s safety after a recent breach led to the theft of $9.7 million worth of Ether. This incident, involving a community leader, highlights serious vulnerabilities in Axie Infinity’s security model.

Investors are now seeking safer alternatives amidst growing concerns about the platform’s long-term viability.

Golem’s Cracks Showing? Discover Why Investors Are Switching to MoonBag

Golem appeals with its decentralised nature, affordability, adaptability, and established presence. However, it’s not all smooth sailing. Golem faces tough competition, struggles to gain widespread adoption, and relies heavily on Ethereum’s network. Plus, setting it up can be quite complex. And with its price constantly changing, it’s a risky investment.

MoonBag, on the other hand, is offering a safer and more rewarding alternative. Its presale draws investors in with huge potential rewards, like an 88% yearly return on staking and a great referral program. This makes MoonBag presale a much more attractive option for those looking for stability and profits.

MoonBag Coin Breaks Records With Its Best Crypto Coin Presale, Raising $3.8 Million and Counting

The MoonBag best crypto coin presale is revolutionising the crypto world with its strategic approach and overwhelming success. Built on a comprehensive tokenomics model, MoonBag has a total supply of 96,337,500,000 coins, with 40% allocated to the public presale and 20% securely locked for liquidity.

Now in its 7th stage, the MoonBag presale has already raised over $3.8 million, with 1 USDT currently buying 2000 MBAG coins at an incredibly affordable price of $0.0005 per coin.

The potential returns are staggering even if you join in stage 7 at the same price. By the end of the presale, MBAG coins are projected to reach $0.002, generating a 300% return on investment. Imagine turning a $10,000 investment into $40,000 by the end of the presale!

Amplify Your Earnings By 50% with MoonBag’s Referral Program!

The MoonBag referral program is your ticket to even bigger rewards! Invite your friends to join the presale, and you’ll reap the benefits. When they use your unique code to invest $25 or more, they’ll receive an extra 50% bonus in MBAG coins.

But the rewards don’t stop there. Climb the MoonBag monthly leaderboard by referring more friends, and you could earn a massive 10% of their total purchase amount in USDC if you land in the top 20!

Spread the word, share your code, and watch your earnings soar. Follow MoonBag Crypto on social media for the latest news and updates on the leaderboard winners!

Get Your Hands on MBAG Coins in a Flash!

Snagging your share of MBAG coins is a breeze:

  1. Visit the official website.
  2. Get your Metamask or Trust wallet ready and link it to the platform.
  3. Fill your wallet with ETH or your preferred cryptocurrency.
  4. Finalise the transaction to buy your MBAG coins.
  5. Congratulations, you’re now a proud owner of $MBAG!

It’s that easy to start your MoonBag journey. Happy earning!

Conclusion

While Golem (GLM) and Axie Infinity (AXS) face challenges, the MoonBag (MBAG) presale is generating massive excitement. With an unbelievable 88% APY on staking, this is your chance to multiply your investment with the best crypto coin presale. Secure your MBAG coins before the next presale stage – the time for astronomical gains is now!

Invest in MoonBag Presale

Presale: https://moonbag.org/presale 

Whitepaper: https://moonbag.org/documents/whitepaper.pdf 

Twitter: https://twitter.com/Moonbag_org 

Telegram https://t.me/MoonBag_official  

 

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MoonBag’s Best Crypto Coin Presale Shows Muscles: Wrapped ETH And LEO Token Enthuse Backers Despite Challenges https://blockonomi.com/moonbags-best-crypto-coin-presale-shows-muscles-wrapped-eth-and-leo-token-enthuse-backers-despite-challenges/ Fri, 02 Aug 2024 17:00:47 +0000 https://blockonomi.com/?p=100364 Imagine a world where your money grows while you sleep or follow your dreams. This isn’t just a fantasy in the cryptocurrency world – it’s attracting many investors. However, Wrapped ETH and LEO Token face hidden challenges. MoonBag is a straightforward and highly profitable crypto project built on the Ethereum blockchain. Unlike other meme coins, [...]

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MoonBag coin focuses on liquidity management, community involvement, and long-term growth plans. Wrapped ETH and LEO Token investors are excited about MoonBag’s generous and accessible approach to crypto wealth.

Navigating The Complexity: Challenges For New Users With WETH

Wrapped assets like Wrapped Ether (WETH) offer a convenient way to use your Ether (ETH) on different blockchains. However, this convenience comes with a few drawbacks. First, WETH’s value and usability are tied directly to the success of the Ethereum network. If Ethereum experiences issues, WETH could be affected as well. Additionally, even though smart contracts are often audited, there’s still a risk of vulnerabilities that could impact your WETH holdings. Another hurdle for newcomers is the added complexity of wrapped assets. This is where platforms like MoonBag aim to make things easier, offering a more user-friendly experience for interacting with different blockchains.

LEO Token: Limited Scope, Centralized Control

LEO Token (LEO) offers trading fee discounts on the Bitfinex exchange, which can be helpful for frequent traders. However, its usefulness is limited to just that one platform. Additionally, Bitfinex is a centralized exchange, meaning control and potential manipulation lie with a single entity.
This raises concerns for some investors who prefer a more decentralized approach. MoonBag presents a potential alternative for those seeking a more distributed system. It operates on the Ethereum blockchain, promoting a broader ecosystem.

MoonBag Best Crypto Coin Presale: User-Friendly, Stable, And Secure?

MoonBag, featuring a cute monkey mascot, is currently offering the best crypto coin presale for efficient crypto investments. Built on the popular Ethereum platform, MoonBag ensures all transactions are transparent and publicly recorded. Starting with a strong $3.5 million liquidity pool, the project will use 20% of presale funds and trading fees to buy back MBAG coins, which will be burned over time.
This reduces the total supply of MBAG coins and could increase the value of the remaining ones. This approach helps keep the price stable and supports a healthy market. In stage 7 of its presale, MBAG coins are priced at just $0.0005 each. They are expected to reach $0.25 by November, representing a tenfold increase. This is a great chance to get in early before the price increases.

Buyback And Burn Strategy

MoonBag always planned for price stability after its launch. From the beginning, 20% of the presale funds will be set aside to support buyback and burn events once MBAG coins are live. These events will reduce the total supply of MBAG coins, which could increase their value. Experts think this strategy will lead to a big rise in the MoonBag price. Investors can hold onto their coins and expect their value to grow after the launch due to these planned burns.

How To Buy MBAG Coins?

To take advantage of this investment opportunity, buy MBAG coins and join the best crypto coin presale. If you don’t have a crypto wallet, set one up and add the cryptocurrency you want to use. Once your wallet is ready, go to the MoonBags website and click the ‘Connect Wallet’ button to get started.

Conclusion

MoonBag is a great investment opportunity in the crypto world. Unlike Wrapped ETH and LEO Token, MoonBag offers a user-friendly and secure platform with strong growth plans. It’s built on Ethereum, ensuring transparency and security. With its buyback and burn strategy and a solid liquidity pool, MoonBag is set for a big price increase. Right now, during stage 7 of its presale, MBAG coins are priced low, making it a perfect time to invest. Set up your crypto wallet, visit MoonBag’s website, and join the best crypto coin presale to take advantage of this chance.

Invest in MoonBag Presale 

Presale: https://moonbag.org/presale Whitepaper: https://moonbag.org/documents/whitepaper.pdf Twitter: https://twitter.com/Moonbag_org Telegram https://t.me/Moon

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What is Polkadot? The Ultimate Guide to Staking on Polkadot https://blockonomi.com/what-is-polkadot-the-ultimate-guide-to-staking-on-polkadot/ Thu, 01 Aug 2024 15:12:50 +0000 https://blockonomi.com/?p=100315 Polkadot has emerged as a revolutionary blockchain protocol that enables interoperability between blockchains. This means security and scalability. For crypto investors looking to diversify their portfolio and earn passive income, staking Polkadot (DOT) is a great opportunity. This article will go into Polkadot, staking on OkayCoin, rewards and risks. What is Polkadot? Polkadot is a [...]

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Polkadot has emerged as a revolutionary blockchain protocol that enables interoperability between blockchains. This means security and scalability. For crypto investors looking to diversify their portfolio and earn passive income, staking Polkadot (DOT) is a great opportunity. This article will go into Polkadot, staking on OkayCoin, rewards and risks.

What is Polkadot?

Polkadot is a next-gen blockchain protocol for a trustless world that projects interoperability of blockchains into one. Founded by Dr. Gavin Wood, one of the co-founders of Ethereum. Basically Polkadot solves the current limitations of blockchain networks by providing a framework for interoperability, scalability and security.

Key Features of Polkadot

Interoperability: At top-level, Polkadot is able to transfer messages and value between different blockchains in a trust-free manner. 

Scalability: One of the major requirements for a frictionless ecosystem is scalability, which, due to its architecture, Polkadot achieves by processing several transactions on many chains in parallel, thereby increasing throughput manifold times. 

Shared Security: The pooled security model in the network ensures that connected blockchains attain derived security without any compromise on performance.

Staking Polkadot on OkayCoin

Staking Polkadot allows participation in the proof-of-stake (PoS) consensus mechanism of its network, whereby holders of the token can lock up their DOT tokens to support network operations and receive rewards in return.

Why Stake Polkadot on OkayCoin?

OkayCoin provides a reliable and user-friendly staking platform for Polkadot with several other benefits as mentioned below.

OkayCoin has the best staking yields among the available options; hence, it’s one of the leading platforms to stake Polkadot. The optimum security measures put in place by the platform ensure that your staked assets are safe. It is very easy to stake on OkayCoin, even for a beginner.

Click here to check why OkayCoin stands as the best crypto staking platform!

How to Stake Polkadot on OkayCoin

First of all you should create an account. Then open OkayCoin website and sign up. Complete the KYC (Know Your Customer) verification step. Then deposit DOT. in that case, send your Polkadot tokens to the wallet available on OkayCoin. Then choose a Staking Plan which will work best for your investment. After that, confirm the amount of DOT you want to stake and start earning rewards.

A detailed Guide to Stake Polkadot

Create an Account: Open the website of OkayCoin and create an account. It will hardly take a minute, and you would be asked to provide information about yourself that one would find quite general. 

Verification: Verify by undergoing KYC—Know Your Customer. You shall upload your identification documents to protect your account from scammers and adhere to the law.

Deposit Polkadot: After your account is verified, go to the deposit section and transfer Polkadot from your old wallet to your OkayCoin wallet. Be assured that the deposit is safe with OkayCoin since it has multiple deposit methods for users’ convenience.

Choose Staking Plan: OkayCoin has several staking plans that have different lockup periods and reward rates. You are free to choose as per your investment strategy. The Short-Term Staking Plans are suitable for any investor who wants quick access to their funds with average returns. The Long-Term Staking Plans are designed for any investor who is eyeing views of returns better than this and is ready to lock his assets for a longer time finds this category best.

Get Started with Staking: By choosing the plan, begin staking by checking the amount of Polkadot one desires to stake. Here, your staking rewards begin.

Monitoring and managing your Staking Rewards

OkayCoin offers a detailed dashboard, keeping one updated in real-time on the staking rewards. This keeps one in control of staked assets and in line with performance towards making informed decisions. Moreover, it has auto re-stake features that enhance returns by compounding returns over time.

Earning Staking Rewards

The incentives to stake on Polkadot are derived from the fees collected by the network and inflation of new DOT tokens in circulation. To counter this, individuals can stake their DOT and receive a share of these rewards, proportional to the amount of DOT staked. The reward programs are mentioned below.

Other Reward Programs:

  1. Free Trial Staking Plan:  $100 for 1 day and earn $1 daily.
  2. Ethereum Staking Plan:  $300 for 1 day and earn $6 daily.
  3. Polygon Staking Plan:  $800 for 3 days and earn $8 daily.
  4. TRON taking Plan:  $1200 for 7 days and earn $12 daily.
  5. Polkadot Staking Plan:  $3000 for 7 days and earn $33 daily.
  6. Celestia Staking Plan:  $6000 for 14 days and earn $72 daily.
  7. Aptos Staking Plan:  $10,000 for 15 days and earn $140 daily.
  8. Sui Staking Plan:  $20,000 for 15 days and earn $280 daily.
  9. Avalanche Staking Plan:  $35,000 for 20 days and earn $525 daily.
  10. Cardano Staking Plan:  $56,000 for 30 days and earn $896 daily.
  11. Solana Staking Plan:  $78,000 for 30 days and earn $1,404 daily.
  12. Ethereum Staking Plan Pro:  $100,000 for 45 days and earn $2,000 daily.

Additional Reward Earning Methods

OkayCoin offers further ways to increase your earnings beyond normal staking rewards: The referral program of OkayCoin allows you to gain extra rewards by inviting others to join the platform. You can share your referral link to get a percentage of their trading fees or any other incentives. This does not increase your revenue only, but it also spreads cryptocurrency adoption within your network.

Conclusion

Staking Polkadot at OkayCoin is one of the fantastic opportunities for the creation of passive income that sees attractive staking rewards. The ease of use of the platform, security, and additional ways of earning through referral programs place it at the top for any crypto investor. 

You can make very informed decisions that will maximize your returns if you know the process, the potential rewards, and the associated risks. Get started staking Polkadot on OkayCoin today to discover the potential of earning through strategic cryptocurrency staking.

 

The post What is Polkadot? The Ultimate Guide to Staking on Polkadot appeared first on Blockonomi.

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Antony Turner’s Vision Drives BlockDAG Past Bitcoin Cash & ATOM News, $64M Presale Attracts Global Attention https://blockonomi.com/antony-turners-vision-drives-blockdag-past-bitcoin-cash-atom-news-64m-presale-attracts-global-attention/ Thu, 01 Aug 2024 00:00:40 +0000 https://blockonomi.com/?p=100238 Bitcoin Cash Price surged by 15%, driven by positive BTC ETF inflows and endorsements from prominent Bitcoin conference figures. Meanwhile, Cosmos (ATOM) News reveals a proposal to transfer 1 million ATOM to Hydro, potentially boosting liquidity and stirring community interest. Against this backdrop, BlockDAG shines with its impressive presale progress, raising $63.9 million. In a [...]

The post Antony Turner’s Vision Drives BlockDAG Past Bitcoin Cash & ATOM News, $64M Presale Attracts Global Attention appeared first on Blockonomi.

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BlockDAG shines with its impressive presale progress, raising $63.9 million. In a recent interview, CEO Antony Turner detailed the network’s innovative strides and the establishment of the BlockDAG Foundation, emphasizing its role in managing presale funds and driving future growth. Turner’s insights underscore BlockDAG’s vision and solidify its reputation as the best performing crypto today.

Bitcoin Cash Price Increases 15%: A Closer Look

Bitcoin Cash (BCH) has seen a 15% price increase, sparked by the recent Bitcoin conference and positive on-chain metrics. The event, featuring Robert F. Kennedy Jr. and Donald Trump, generated significant investor interest. Additionally, Bitstamp’s move to allow access to BCH and BTC deposited by Mt. Gox creditors has further contributed to the uptick.
Currently, BCH is priced at around $456. However, while technical indicators show a potential for upward movement, it’s important to remain cautious as Bitcoin Cash (BCH) price could still face volatility.

Cosmos Hub’s Latest Move: 1 Million ATOM Transfer Proposal

Cosmos Hub has submitted a governance proposal to transfer 1 million ATOM to the liquidity protocol Hydro. If approved, 500,000 ATOM will seed an ATOM liquidity pool on the interchain auction protocol, while the other 500,000 will be staked with liquid staking platform Stride to enhance the stATOM liquidity bucket.
This initiative aims to bolster liquidity and governance within the Cosmos ecosystem, potentially benefiting all ATOM holders through value generated from DeFi protocols. As Hydro is still in its testnet phase, this proposal marks a significant step in preparing for its full launch, reflecting cautious optimism in Cosmos (ATOM) news.

CEO Interview: BlockDAG’s Community-Driven Approach

BlockDAG’s ascendancy in the cryptocurrency market is no accident. At the helm is CEO Antony Turner, whose recent interview shed light on how BlockDAG leverages its collective expertise from alumni of M.I.T., Harvard, and other top institutions to innovate within the blockchain space. Turner emphasized the transformative technologies under development and the strategic roadmap poised to escalate BlockDAG’s position among today’s top-performing cryptos. Central to this strategy is the BlockDAG Foundation, outlined by Turner as a crucial element in stewarding the substantial presale funds, ensuring they are dedicated to fostering the network’s long-term objectives. He noted, “it’s most likely going to be a Swiss Foundation,” highlighting a commitment to transparency and governance that aligns with the community’s best interests.
Moreover, this foundation is not just a financial pillar; it represents a commitment to nurturing the BlockDAG ecosystem, supporting projects and initiatives that propel both technological and community growth. The impressive presale stats, with $63.9 million raised for $0.017 per coin, demonstrate the community’s robust confidence, marking a 1600% increase since inception. Turner’s visionary leadership and the foundation’s robust structure promise to guide BlockDAG as it sets benchmarks in the crypto industry.

Closing Notes

While Bitcoin Cash Price continues to attract attention with its recent surge and Cosmos (ATOM) News stirs the community with strategic proposals, BlockDAG stands out as the best-performing crypto today. CEO Antony Turner’s recent interview showcased the project’s cutting-edge innovations and strategic future plans, highlighting the invaluable contributions of its elite team. Turner also emphasized the BlockDAG Foundation’s role in managing presale funds, ensuring transparency and community growth. With $63.9 million raised in the presale, BlockDAG is poised for significant advancements, reinforcing its position as a leader in the crypto market.
Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVy

The post Antony Turner’s Vision Drives BlockDAG Past Bitcoin Cash & ATOM News, $64M Presale Attracts Global Attention appeared first on Blockonomi.

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Ex SwissOne Exec Antony Turner is BlockDAG CEO, Presale Hits $63.9M, Stealing TON & MNT Investors’ Focus https://blockonomi.com/ex-swissone-exec-antony-turner-is-blockdag-ceo-presale-hits-63-9m-stealing-ton-mnt-investors-focus/ Wed, 31 Jul 2024 22:00:37 +0000 https://blockonomi.com/?p=100237 In recent market movements, Toncoin (TON) has been navigating a narrow trading range, with predictions hovering between $6.80 and $7, while Mantle (MNT) investors have seen a surge in profits, prompting some to make gains. As these coins grapple with market pressures, BlockDAG’s team reveal news has propelled its presale to $63.9 million. Ex SwissOne [...]

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In recent market movements, Toncoin (TON) has been navigating a narrow trading range, with predictions hovering between $6.80 and $7, while Mantle (MNT) investors have seen a surge in profits, prompting some to make gains. As these coins grapple with market pressures, BlockDAG’s team reveal news has propelled its presale to $63.9 million. Ex SwissOne Capital executive Antony Turner is revealed to the CEO and leads a team of industry heavyweights. The team reveal sets the stage for potential substantial growth, making it a compelling option among top crypto projects.

Toncoin (TON) Price Prediction: Can It Break Past $7?

Toncoin (TON) is currently trading at around $6.95, showing a modest upward trend. Analysts suggest that if the price can break past the local resistance at $6.98, it could potentially rise to $7 and beyond.

However, caution is advised as the weekly chart indicates a risk of decline, especially if the price closes below $6.85. In such a scenario, Toncoin could see a further dip towards the $6 mark, highlighting the importance of staying updated with market trends and price movements.

Mantle (MNT) Investors Monitor Market Trends as Price Hits $0.89

Mantle (MNT) investors are currently experiencing a period of profit-taking, with the token’s price rising to $0.89. This surge has led to an increase in MNT’s supply on exchanges, suggesting a bearish sentiment as more holders sell their tokens. The market data indicates that this trend could push the price down to around $0.80 if selling continues.

Toncoin (TON) price prediction

However, a reversal in sentiment could see the price rally back towards $0.93, making it a crucial period for investors to monitor market signals and adjust their strategies accordingly.

BlockDAG’s Team Reveal Insights and Path to $20 by 2027

BlockDAG has made significant impact with its team reveal. The reveal of Antony Turner as CEO, Youssef Khaolaj as Chief Security Officer is expected to boost investor confidence and community engagement. Noted blockchain technologists and experts in the domain Steven Clarke and Brown University professor Maurice Herlihy form the advisory board. This reveal is more than a simple introduction; it’s a strategic move to highlight the leadership driving BlockDAG’s innovative Path forward. It’s expected to generate substantial momentum, heightening investor interest and community engagement.

Following the team reveal, BlockDAG also hosted an AMA session on July 30, offering the community a unique opportunity to interact directly with the leadership. This transparency and openness are crucial in the crypto space, as they foster trust and build a solid foundation for long-term growth. The AMA session touched upon pressing questions and provided clarity on future developments, and the team goal  to reach its presale target of $600 million.

Toncoin (TON) price prediction

The momentum generated by these events could significantly influence BlockDAG’s coin value, which is projected to reach $20 by 2027. This ambitious forecast is supported by BlockDAG’s impressive presale success, gathering over $63.9 million across 20 presale batches and strong community backing. With each presale batch showing remarkable growth, the project demonstrates both credibility and potential for substantial returns post launch, making it an attractive option for those looking to invest in top crypto projects.

Wrapping Up

BlockDAG’s upcoming events are poised to set the stage for significant growth and investment opportunities. While Toncoin (TON) price predictions and Mantle (MNT) investor trends capture attention, BlockDAG stands out with its strategic initiatives and robust community support. The upcoming team reveal and AMA session are not just events but pivotal moments that could accelerate BlockDAG’s journey toward its $1 price prediction post launch. As the crypto community watches closely, BlockDAG offers an exciting opportunity for investors to engage in its ongoing presale phase, which has already raised over $63.9 million.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post Ex SwissOne Exec Antony Turner is BlockDAG CEO, Presale Hits $63.9M, Stealing TON & MNT Investors’ Focus appeared first on Blockonomi.

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BlockDAG’s Team Reveal & AMA Session Boost Transparency & $63.9M Presale – Injective Prediction & Notcoin Trading Updates https://blockonomi.com/blockdags-team-reveal-ama-session-boost-transparency-63-9m-presale-injective-prediction-notcoin-trading-updates/ Wed, 31 Jul 2024 20:00:33 +0000 https://blockonomi.com/?p=100236 In a recent interview, CEO Antony Turner discussed the groundbreaking advancements and strategic vision driving BlockDAG forward. Following an AMA session with the CEO and team, which provided clear and transparent insights into the project, BlockDAG has demonstrated its unwavering commitment to excellence. These elements pushed BlockDAG to reach an impressive milestone with its $63.9 [...]

The post BlockDAG’s Team Reveal & AMA Session Boost Transparency & $63.9M Presale – Injective Prediction & Notcoin Trading Updates appeared first on Blockonomi.

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In a recent interview, CEO Antony Turner discussed the groundbreaking advancements and strategic vision driving BlockDAG forward. Following an AMA session with the CEO and team, which provided clear and transparent insights into the project, BlockDAG has demonstrated its unwavering commitment to excellence. These elements pushed BlockDAG to reach an impressive milestone with its $63.9 million presale, setting the stage for the next crypto bull run.

Meanwhile, Injective price prediction remains optimistic as it breaks out of a falling wedge pattern. At the same time, Notcoin trading has surged, reflecting increased investor confidence and interest. These developments highlight the dynamic nature of the crypto market and the promising future of these innovative projects.

Bullish Outlook for Injective Protocol (INJ)

Injective Protocol (INJ) has shown a strong bullish signal by breaking out of its falling wedge pattern and successfully retesting the breakout level. Captain Faibik highlighted this development, noting it looks promising for the midterm.

The Injective price prediction indicates growing bullish sentiment, with higher lows and higher highs on the chart. Analysts suggest an optimistic Injective price prediction, with potential upside gains. The confirmed retest of the breakout level provides an attractive entry point for traders, reinforcing the positive Injective price prediction.

Notcoin (NOT) Experiences Trading Surge

Notcoin (NOT) has seen an unprecedented surge in trading volume, reflecting growing interest and confidence within the crypto community. This explosive growth signifies a positive shift in market sentiment, with more traders and investors recognising Notcoin’s potential for significant returns.

Strategic developments, including partnerships, technological advancements, and community engagement initiatives, have fueled this increase in activity. As a result, Notcoin trading is expected to drive further price increases and market penetration. The rise in trading volume and strategic efforts position Notcoin (NOT) for sustained growth and a stronger market presence.

BlockDAG’s Team AMA Session Increases Transparency 

In a recent AMA session, BlockDAG CEO Antony Turner addressed several key questions about the project, addressing concerns about the technology’s viability, Turner stated that ensuring the technology is robust by launch is a priority, and assured that if the technology fails, all remaining funds would be returned to investors.

This approach improves functionality and security and attracts developers to build on the BlockDAG ecosystem. BlockDAG has garnered immense support, with over 92,000 people contributing over $63.9 million, as BlockDAG distributed over 12.5 billion coins, signalling its ability to lead the next crypto bull run with BDAG coins priced at $0.017 in batch 21.

Community feedback is crucial in BlockDAG’s development, especially as it approaches its mainnet launch. Community members can engage by purchasing BDAG coins, using the proof of engagement mobile app, or participating as developers. With a global reach spanning over 30 countries, BlockDAG is set to revolutionise the blockchain landscape and drive the next crypto bull run.

Concluding Thoughts

Whilst auspicious Injective price prediction and the burgeoning fervour surrounding Notcoin trading underscore immense market promise, BlockDAG’s transparency through team reveal, AMA session and vigorous global community engagement set it apart. BlockDAG ascends as a distinguished investment prospect. Flaunting an extraordinary $63.9 million presale and helmed by an illustrious cadre of visionaries, BlockDAG is primed to ignite the next crypto bull run. As it readies for its mainnet debut, BlockDAG presents a lucrative opportunity for investors seeking expansion and steadiness within the perpetually shifting crypto terrain.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s Team Reveal & AMA Session Boost Transparency & $63.9M Presale – Injective Prediction & Notcoin Trading Updates appeared first on Blockonomi.

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