thinkadmin – BitcoinNomicon

Registration Now Open for Gate.io WCTC S6 Competition, Offers Up To $5 Million in Prizes

Posted on July 10, 2024 by thinkadmin

Source: Bitcoinprbuzz.com

Press Release: Registration is now live for the Gate.io WCTC S6 trading competition, offering a prize of up to $5 Million to all participants.

July 9th, Panama – Gate.io, the world’s leading cryptocurrency exchange, is excited to announce the launch of its World Crypto Trading Competition Season 6 (WCTC S6). Users can now register for their spots in the competition. This highly anticipated event arrives just in time for summer 2024, bringing together the world’s best traders in a fun and competitive atmosphere. With a prize pool of up to $5 million, WCTC S6 is set to attract traders of all experience levels.

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Two Chances to WIn

WCTC S6 features two main competitions: the team competition and the 1v1 Battle Blitz. The team competition will share 70% of the total prize pool, while the 1v1 Championship, designed for individual traders, allows everyone to win prizes. There are also five levels of lucky bags to collect. Apart from the main competitions, participants can join campaigns such as the Gift Bonanza and Live Lucky Draws, where a variety of prizes, including Apple products, will be given away for free! The Championship Trophy is up for grabs for those competing in the team competition or the 1v1 Battle Blitz.

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The prize pool for the competition will expand based on the number of participants; the more users who join, the larger the prize pool will be. The final size of the prize pool will be determined by the number of valid traders participating. So, by joining players can contribute to increasing the prize pool for everyone. Also, all players will benefit by inviting friends to join, which will ultimately increase the number of participants as well as the prize pool!

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Event Schedule

1. Early Bird Registration: 2024-07-09 00:00 to 2024-07-11 23:59 (UTC)

2. Official Registration: 2024-07-12 00:00 to 2024-08-12 23:59 (UTC)

3. Official Competition: 2024-07-19 00:00 to 2024-08-15 23:59 (UTC)

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With all of the additional prizes available, participants won’t need to be one of the winners or rank high in competition to earn a reward, making this competition appealing to all trading skill levels.

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The Early Bird Registration stage is now open, while the official registration for the competition will remain open until August 12, 2024. For more information, please visit the Gate.io WCTC S6 webpage.

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Media Contact:

Contact Name: Elaine Wang

Contact Email: elaine.w@gate.io

Source: thinkbitcoins

Sportsbet.io Player Wins $3m on Ambitious 7-way Multi-bet

Posted on July 8, 2024 by thinkadmin

Source: Bitcoinprbuzz.com

Press Release: Another Sportsebet.io player has won big with a $3m win across the Euro 2024 & Copa America football tournaments.

July 4, 2024, London, UK — A Sportsbet.io customer has landed almost $3 million on an ambitious seven-part multi-bet in one of the biggest wins so far during the Sportsbet.io summer of sport.

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The bet combined picks across Euro 2024 and the Copa America, and the winner had to endure some nail biting moments before securing the huge prize. These included backing England, who were saved by a 95th minute Jude Bellingham equalizer, as well as Portugal, who needed penalties to beat Slovenia. The bet was finally completed when the Netherlands progressed past Romania in their last 16 tie, with the winning player taking home a total of 2,994,040 in the USDT stablecoin.

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Alex Haig, Director at Sportsbet.io, said he was watching the wager with interest once it became clear the bet was close to landing, stating:

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“Many Sportsbet.io users have tried to bring home multi-bets during the Euros, but no one so far has managed it quite to this scale. Yes, the winner had a bit of luck along the way, but that’s part of the game. Congratulations on the massive win.”

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As with all Sportsbet.io winners – big or small – the player was able to withdraw the almost $3 million in winnings in USDT, meaning their wait was a matter of seconds. They also held their nerve not to cash out a big profit before the bet was over. If players prefer to lock in your winnings earlier, Sportsbet.io offers that opportunity as well.

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This is just the latest big winner from the world’s most popular crypto-led sports betting site. Back in December, a lucky player won a world-record slots jackpot of $42.1m off a single $50 spin.

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About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

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Principal sponsors of English football team, Southampton FC and a club partner of Premier League team Newcastle United, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content.

As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

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In December 2023, a lucky Sportsbet.io won the biggest ever online slots jackpot while playing on the site, turning a $50 spin into a prize of more than $42 million.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds, among the fastest in the industry.

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For more information about Sportsbet.io, please visit https://sportsbet.io.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.io

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Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: thinkbitcoins

Altcoinist: $1.5M Raised by Bitcoin.com Co-founder and ETH Dev to Revolutionize Creator Monetization

Posted on July 4, 2024 by thinkadmin

Source: Bitcoinprbuzz.com

Press Release: Altcoinist is developing an on-chain subscription tool as a monetization solution for creator economies.

4 July, 2023, Dubai, UAE — Altcoinist, an on-chain gateway giving creators a new way to monetize and grow private communities, has successfully completed its pre-seed and initial seed round of financing, raising over $1.5M. Their Seed A round is led by EnigmaFund, a prominent venture capital firm known for its investments in web3 startups including SuperChain, Movement Labs, ATOR, Ready Games, Entangle Protocol, ZeroLend, and more.

On-Chain Solution For Creator Economies
Altcoinist aims to solve the broken monetization issue of the creator economy by introducing a seamless tool for creators to earn through forming private communities. Their solution leverages on-chain subscriptions for creators ensuring stable revenue streams while also facilitating automated revenue sharing between the creator and their community. This novel approach merges the proven monetization model of recurring payments with web3, while creators can enjoy increased earnings and retention within their community.

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Silur, Lead Developer at Altcoinist, emphasized the potential of Altcoinist:

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“Altcoinist is an interoperable tool creators can use to monetize that also acts as an engine fueling further growth, benefiting both the creator and their community, all powered by smart contract”

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Backed By Experience

The core team at Altcoinist includes Christian Andsberg, Mate Tokay, Silur (Abraham Endre) and Konstantin Sebeo. Serial founders with impressive backgrounds in the web3 space. Mate founded Bitcoinist.com and co-founded Bitcoin.com, while Silur, a Forbes 30 under 30 honoree and Ethereum core developer, has delivered contributions to over 50 projects including Monero and Casper Labs. Their extensive experience includes building platforms that have onboarded over 40 million users to Web3.

Konstantin, Head of Research and Creator, stated:

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“We’ve built a unique product empowering creators to set up their first business (a private community) in under a minute and start making on-chain recurring income. With us, everyone finally gets a fair chance at making a significant and sustainable living from value-based content”

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Strong Early Interest

Altcoinist has already attracted dozens of creators supporting the project and garnered over 55 million organic impressions on Twitter/X this year. EnigmaFund’s involvement in Altcoinist’s Seed A round is a significant endorsement of their vision and potential. The fund is renowned for backing and advising projects that push the boundaries of blockchain technology:

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“Our investment and partnership will enable Altcoinist to accelerate its development and bring its innovative solutions to a wider audience”

In addition to EnigmaFund, Altcoinist has seen participation from other notable firms including AlphaCrypto Capital, Explore Capital, Crypto Society, MoonbootsDAO, and Excelsior.

Altcoinist is also supported by a distinguished group of backers and advisors, including Theodore Agranat (Advisor of Gunzilla Games, Movement Labs, Gaimin), Rich Robinson (Entrepreneur in Residence at Animoca Brands), Thomas McLeod (5x founder with exits to Coinbase, SurrealCMS, and Tencent), Aleksander Rendtslev (4x founder with ventures backed by a16z and General Catalyst), Austin Seiberlich (Advisor of Entangle, Superchain, Ready Games, ZeroLend), and Coco (Founder of TOSHI).

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Altcoinist’s CEO, Christian Andsberg, expressed excitement about the partnership with EnigmaFund, stating:

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“We are thrilled to have EnigmaFund lead our round and join our advisory board. Their expertise and support will be invaluable as we’re paving the way for a more evolved creator economy.”

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Future Outlook & Seed B Round

Having designed a platform that enhances user value and ecosystem value as it scales, Altcoinist is poised to become a key player in the creator economy as they grow. Their unique focus on simple user deployment while abstracting the complexity of smart contracts sets them apart as a leader in the rapidly evolving space of web3. Altcoinist is now raising a follow-on Seed B round to aid their go-to-market efforts. The platform is built on Base chain, ensuring a robust and scalable EVM infrastructure.

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For more information about Altcoinist and its upcoming developments, follow them on x.com.

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Media Contact

Contact Name: Christian Andsberg

Contact Email: info@altcoinist.com

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Altcoinist is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: thinkbitcoins

Crypto Experts Join Sportsbet.io in Latest Ambassador Signings

Posted on June 18, 2024 by thinkadmin

Source: Bitcoinprbuzz.com

Press Release: Leading crypto sportsbook Sportsbet.io adds four more brand ambassadors to its growing line-up.

June 18, 2024, London, UK — The new ambassadors signing for Sportsbet.io bring with them a wealth of cryptocurrency knowledge and expertise, as the ‘Join the Crypto Experience’ programme picks up pace.

The first to be welcomed this month is Paul Ola, also known as BTCrypto Coach. He’s a cryptocurrency trader and coach who has amassed a wide following by sharing his tips and analysis. His educational content has helped countless traders successfully navigate the market. Sportsbet.io users can now also benefit from his insight.

Second up is Heath Muchena, the founder of Decentralised News, and a leading figure in the global DeFi movement, having authored more than 17 books across technology and blockchain. As a huge gaming fan, he’s excited to work with Sportsbet.io to introduce more people to the benefits of using digital assets to play.

Arnold Murigi also joins Team Sportsbet.io, bringing with him his sharp eye for sports analysis. Off the pitch, he’s also a big fan of cryptocurrency, making him an ideal new ambassador for the leading crypto sportsbook.

And completing this latest batch of new Sportsbet.io signings is Okemini Precious. He’s founder of Lagoscolour Entertainment, Tiikets, and Afromatter Media, where he utilizes his expertise across both cryptocurrency and entertainment.

Since launching last year, the ‘Join the Crypto Experience’ ambassador programme has rapidly grown in reach. It offers the opportunity of earning financial independence and access to VIP events by repping Sportsbet.io.

Some huge global superstars have already joined, including King Kaka and Nwankwo Kanu.

Have you got what it takes to join Team Sportsbet.io? Find out more: https://jointhecryptoexperience.io/.

About Sportsbet.io

As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

In December 2023, a lucky Sportsbet.io won the biggest ever online slots jackpot while playing on the site, turning a $50 spin into a prize of more than $42 million.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds, among the fastest in the industry.

For more information about Sportsbet.io, please visit https://sportsbet.io.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.io

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Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: thinkbitcoins

Sportsbet.io Celebrates Euro 2024 with 10 million USDT Jackpot

Posted on June 11, 2024 by thinkadmin

Source: Bitcoinprbuzz.com

Press Release: Sportsbet,io users will be able to win a 10 million USDT jackpot for correctly predicting the winning teams at Euro 2024 this summer.

June 10, 2024, London, UK — Sportsbet.io, the world’s favorite crypto-led sportsbook, is giving players the chance to win a life-changing 10 million USDT by predicting the upcoming Euro 2024 tournament, which kicks off in Germany this week.

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Predict Winners for Big Prizes

The incredible 10 million USDT jackpot will be shared among those who correctly predict the group and knock-out stages of the competition, where England, France and home nation Germany currently head up the betting to lift the trophy in Berlin.

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There are prizes to be won for anyone who makes at least 16 correct group stage predictions, and they quickly scale as the rounds progress.

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It costs just 10 USDT to enter, and in an additional bonus for all players, prizes are paid out in the USDT stablecoin cryptocurrency, meaning winnings can be withdrawn almost instantly.

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Alex Haig, Director at Sportsbet.io, said:

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“We wanted to do something special for this year’s European Championships, and running the biggest promotion in Sportsbet.io history certainly achieves that! Some people might call us mad for offering 10 million USDT to anyone who correctly predicts the outcome of the entire competition, but we’ve never been afraid of big winners here. We look forward to paying out another record-breaking prize if someone can pull it off.”

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It wouldn’t be the first time a Sportsbet.io player lands an eight-figure prize. In December, the biggest ever online slot jackpot dropped on the Sportsbet.io casino, with the lucky user walking away with more than 42 million USDT for a 50 USDT spin.

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For a chance to win the 10 million USDT jackpot, players need to enter before the first match kicks off on June 14. For more information, please visit the Euro 2024 page here.

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About Sportsbet.io

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As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community.

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In December 2023, a lucky Sportsbet.io won the biggest ever online slots jackpot while playing on the site, turning a $50 spin into a prize of more than $42 million.

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Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds, among the fastest in the industry.

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For more information about Sportsbet.io, please visit https://sportsbet.io.

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Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.io

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Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: thinkbitcoins

Pullix (PLX) Inches Closer to Presale Closure, Render Token (RNDR) and Immutable (IMX) Climb up the Top Gainers List

Posted on February 4, 2024 by thinkadmin

With only two stages left in the Pullix (PLX) presale, traders are flooding this crypto ICO event. In Stage 7, many analysts have even pegged it as the next 100x token in 2024. Meanwhile, Render Token (RNDR) and Immutable (IMX) have been the day’s top gainers. Let’s dive into all of these exciting developments.

Pullix (PLX): Hybrid Exchange Fast Approaching

The crypto community is excited as Pullix (PLX) gears up for the launch of their hybrid exchange. This trading platform aims to revolutionize the trading experience. Every advantage DEX and CEX can offer will be combined, giving users access to all asset classes (cryptos included) and deep liquidity.

Currently, Pullix is in Stage 7 of its presale. Only two stages remain until the platform launches. It has shown a stellar performance, raising close to $5M and onboarding over 15,000 users so far. Individuals are showing support for this DeFi project by buying its native token, PLX.

PLX is the fuel behind Pullix and all of its features. What makes it stand out is the “Trade-to-Earn” revenue-sharing model. In other words, Pullix will reward PLX stakers with a portion of its daily earnings. Long-term PLX holders are also in for a treat as Pullix will implement token burning. With this feature, the supply goes down while the price goes up.

At the moment, PLX is worth just $0.1, which is 150% growth from its starting price. However, this is not the end, as experts predict another 100x pump once a Tier-1 CEX lists this altcoin in Q1 of 2024. Given its ties to the Forex market, which sees a daily volume of $6.6T, PLX may have a bright future.

The Render Token Price Sees a 20% Jump

Recently, Render Token (RNDR) has been on an uptrend. According to CoinMarketCap data, this altcoin’s value has risen from $3.93 to $4.76 in the past week alone. In that time, its market cap also surged from $1.47B to $1.79B.

Sentiment for the Render Token is bullish, with 24 technical indicators in the green. Furthermore, this DeFi coin now trades above its 50- and 100-day EMAs. Experts consider all these factors when making their Render Token price predictions. Thus, they forecast a potential price pump to $4.80 for RNDR in March 2024.

Immutable (IMX): Trading in the Green

Meanwhile, Immutable (IMX) has also shown some growth. The price charts show that the Immutable price has risen from $1.86 to $2.22 in the past seven days. Simultaneously, its market cap rose from $2.51B to $3B.

This price surge can be attributed to the recent Immutable announcement that its zkEVM Mainnet Early access is live. Not only that, the technical analysis for this altcoin shows bullish signs as its Fear & Greed index rating is 63 (Greed). Because of this, analysts have made a bullish Immutable price prediction. They foresee a surge to $2.42 in March 2024.

Will Pullix Leave the Render Token and Immutable in the Dust?

As Pullix approaches the end of its presale, it has one distinct advantage over Render Token and Immutable. PLX has a low market cap of $20M, meaning its value will surge much faster as fewer new funds are needed. As a result, PLX is the best crypto to buy for quick returns. If interested, follow the links below and obtain a 10% bonus on each purchase.

For more information regarding Pullix’s presale see links below:

Visit Pullix

Join The Pullix Communities

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Source: thinkbitcoins

Here’s Why 100x Token Option2Trade (O2T) Is Grabbing Attention From Solana (SOL) and Bonk (BONK) Investors

Posted on February 4, 2024 by thinkadmin

The shift of investor attention from Solana (SOL) and Bonk (BONK) to Option2Trade (O2T) underscores the dynamic nature of the cryptocurrency market. Option2Trade’s (O2T) innovative features, global accessibility, and potential for high returns position it as a highly attractive option for investors looking to diversify their portfolios and maximize their earnings. As the crypto landscape continues to evolve, platforms like Option2Trade (O2T) that offer cutting-edge technology and a user-centric approach are increasingly becoming the focal point for savvy investors seeking to capitalize on the next big opportunity in the digital asset space.

Unique Features and Appeal of Option2Trade (O2T)

Option2Trade (O2T) is not just another token in the crowded crypto space; it stands out with its distinctive features:

Global Accessibility: Option2Trade (O2T) is designed to provide global access, breaking barriers that often restrict traders in various regions of the world. This inclusivity is especially appealing to investors who face regional limitations in accessing diverse trading platforms.

Innovative Trading Solutions: Option2Trade (O2T) integrates advanced trading tools, including AI-driven algorithms and Web3 social trading features. These technologies offer a more sophisticated trading experience, catering to both novice and experienced traders.

Community-Driven Approach: Unlike many traditional trading platforms, Option2Trade (O2T) emphasizes a community-centric model. This approach includes rewarding community participation and offering governance rights to token holders, empowering them to have a say in the platform’s evolution.

Reasons Behind the Shift from SOL and BONK to O2T

Investors in Solana (SOL) and Bonk (BONK) are turning their attention to O2T for several reasons:

Market Volatility of SOL and BONK: Both Solana (SOL) and Bonk (BONK) have experienced significant market volatility. Solana (SOL), for instance, has shown bearish trends and potential breakdowns in its price. Such fluctuations can prompt investors to seek more stable and promising alternatives like O2T.

Potential for High Returns: The prospect of 100x returns with Option2Trade (O2T) is a major attractor for investors. Given the innovative features and the growing adoption of the platform, many see Option2Trade (O2T) as a token with significant growth potential.

Technological Superiority and Diverse Trading Options: The advanced AI and Web3 features of Option2Trade (O2T), combined with its diverse trading options across various asset markets, offer a more dynamic and potentially lucrative trading experience than what traditional platforms or specific tokens like Solana (SOL) and Bonk (BONK) may provide.

Conclusion

In the vibrant world of cryptocurrency, where market dynamics are ever-changing, Option2Trade (O2T) is emerging as a token of interest, drawing attention from investors of Solana (SOL) and Bonk (BONK). This shift in focus can be attributed to several key factors that highlight the unique appeal and potential of Option2Trade (O2T), especially in the context of its prospects for 100x returns.

For more information on the Option2Trade (O2T) Presale:

Use promo code O2TLaunch to get 15% bonus

Visit Option2Trade

Join and become a community member:

https://t.me/O2TOfficial

https://twitter.com/Option2Trade

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Source: thinkbitcoins

Meme Moguls (MGLS) 500% Surge Potential: Avalanche (AVAX) and Polygon (MATIC) Brace for Price Pullback

Posted on February 3, 2024 by thinkadmin

Meme Moguls (MGLS) is signaling a potential 500% surge, while other prominent players like Avalanche (AVAX) and Polygon (MATIC) are bracing themselves for a price pullback. Notably, Meme Moguls is still in its presale phase, offering investors an opportunity to get in at the ground level. Let’s jump into the finer details of these three cryptocurrencies and see what 2024 could have in store for them.

Meme Moguls (MGLS): Shaping the Future of P2E Gaming

Meme Moguls is a stock market game where players can trade virtual assets to win real rewards. This unique concept has already gained a lot of attention, with the MGLS price climbing by 42% since the presale launch.

The upcoming P2E platform is designed to educate users on investment strategies, which can then be used in various trading competitions. Those who perform well in these competitions can earn MGLS tokens and unique NFTs on their way to the top of the Wealth Leaderboard.

These NFTs provide enhanced trading powers and improved market conditions. The rarer the NFT, the more significant its impact on gameplay, offering advantages like increased leverage and better spread conditions.

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! <br><br>Are you ready to change the landscape? With one of the biggest airdrops of 2024 Get ready!! <a href=”https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=”https://t.co/9UPUeV5klt”>pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href=”https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw”>December 8, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

Holders of MGLS can enjoy benefits, such as staking rewards, governance rights, and exclusive access to certain game features. The demand for MGLS is expected to increase as more players join the platform and compete for valuable rewards.

While the game is yet to launch, there’s an early chance to own MGLS tokens by participating in the ongoing presale. The current price of $0.0036 will rise in subsequent stages, with a 500% surge potential when it arrives on Uniswap later this year.

Such bullish predictions are drawn from the success of similar P2E gaming platforms like Axie Infinity, the size of the $20 billion memecoin market, and the unique features and rewards offered by Meme Moguls.

Will Avalanche (AVAX) Reach $100 in 2024

Avalanche is a promising Layer-1 blockchain that aims to be the most developer-friendly in the space. The key innovation of Avalanche is the Subnets, which allow for the creation of custom subnetworks with their own unique rules and governance.

The flexibility of building on Subnets is highly attractive to developers, and this is reflected in the growing ecosystem on Avalanche. As of January 2024, there are 444 projects building on Avalanche, ranging from DeFi platforms to NFT marketplaces.

The price of Avalanche has surged from $9.00 at the start of November to a recent peak of $50 at the end of December 2023. However, the price has since fallen to $38.66, and analysts believe that a deeper correction may happen in the near future.

Avalanche’s fully diluted market cap now stands at $27.90B. Such a ‘high’ valuation demands real-world adoption and consistent growth to justify the price. While the $219.22m DEX volume and $900m TVL are impressive, they are still relatively low compared to other layer-1 blockchain projects like Ethereum or Solana.

The Avalanche chart shows that the recent high of $50 is the strongest resistance level on the chart. Once the price breaks and holds above $50, it indicates a new bull phase that could potentially drive Avalanche’s price toward $100 in 2024.

Polygon (MATIC) 2024 Price Prediction

Polygon was the clear winner of the 2020/21 bull run, with a staggering gain of over 10,000% in just one year. Its popularity skyrocketed due to it being one of the first scaling solutions for Ethereum with a working product.

While the Polygon price jumped from $0.50 in mid-October to a recent peak of $1.09 in just two months, it is now back below $1.00 and trading for $0.92. Analysts believe the Polygon price may consolidate below $1.00 for a little while longer due to losing some of its hype and attention to other layer-2 solutions.

Polygon zkEVM is 11th regarding total value locked (TVL), with a market share of just 0.54%. While TVL isn’t the best metric to determine a platform’s success, it does provide insight into the development and adoption of scaling solutions. Polygon must continue building and attracting users to its ecosystem to maintain its market position.

The Polygon chart on the weekly timeframe suggests that a close above the $1.00 resistance level could trigger a breakout toward the previous all-time high of $2.70 in 2024. However, if Polygon can’t hold above $1.00 and consolidates further, it may signal a potential price pullback to support levels at $0.80 and $0.60.

Visit Meme Moguls

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Source: thinkbitcoins

Pushd (PUSHD) Continues to Rise as Arbitrum (ARB) and Cosmos (ATOM) Succumb to Downtrends

Posted on February 2, 2024 by thinkadmin

In the dynamic world of cryptocurrencies, the trajectory of digital assets can shift dramatically, as evidenced by the contrasting fortunes of Pushd (PUSHD), Arbitrum (ARB) and Cosmos (ATOM). This article delves into the reasons behind Pushd (PUSHD) meteoric rise while Arbitrum (ARB) and Cosmos (ATOM) experience downturns, offering insights into the current crypto landscape.

Arbitrum (ARB): Struggling to Scale Ethereum (ETH)

Arbitrum (ARB), a Layer-2 solution, is ambitiously positioned to solve Ethereum (ETH) pressing scalability issues by offering faster transaction speeds and reduced costs through its innovative use of optimistic rollups. The introduction of its governance token, Arbitrum (ARB) with a 10 billion initial supply and a controlled inflation rate of 2% signaled a promising start.

However, Arbitrum (ARB) faces challenges in sustaining its initial momentum within the competitive landscape of Ethereum (ETH) scaling solutions. Despite its technical merits, the platform struggles with broader adoption and market enthusiasm. The complexities of integrating with Ethereum (ETH) existing infrastructure, coupled with the crypto community’s evolving expectations have impacted Arbitrum (ARB) growth trajectory.

Investors and developers are closely watching how Arbitrum (ARB) adapts to these challenges, as its success is pivotal for Ethereum (ETH) future scalability.

Cosmos (ATOM): The Interoperability Challenge

Cosmos (ATOM), known as the “Internet of Blockchains,” embarks on an ambitious mission to enable interoperability among diverse blockchain networks, leveraging its native Cosmos (ATOM) token to maintain this intricate ecosystem.

Despite its groundbreaking approach and Cosmos (ATOM) crucial role in facilitating cross-chain interactions, Cosmos (ATOM) grapples with hurdles towards achieving widespread adoption. The technical complexity of creating a seamlessly interconnected blockchain universe, along with stiff competition from other interoperability projects has influenced its recent market performance.

Cosmos (ATOM) remains at the forefront of addressing interoperability challenges, yet it faces the task of convincing the broader blockchain community of its value proposition.

Pushd (PUSHD): Redefining E-Commerce with Blockchain

Pushd (PUSHD) is revolutionizing the e-commerce landscape as a pioneering Web3 marketplace, directly addressing the inefficiencies of conventional platforms like eBay and Amazon. It’s setting new standards by eliminating exorbitant fees, streamlining slow payment processes and removing the need for intrusive KYC procedures.

Demonstrating remarkable investor trust, Pushd (PUSHD) stage 4 presale has already attracted over 24,500 user sign-ups and 6,000 holders with a compelling presale price of $0.08. This emerging platform distinguishes itself through a unique blend of blockchain technology, offering instant transactions, transparent governance and a comprehensive rewards program designed to boost user participation.

Pushd (PUSHD) approach not only ensures a secure and transparent marketplace but also aligns with the growing demand for decentralized solutions in e-commerce, promising significant growth potential.

Conclusion

In the evolving crypto landscape, Pushd (PUSHD) remarkable ascent underscores the lucrative potential of early investments in blockchain innovations within e-commerce, distinguishing it from the current challenges of Arbitrum (ARB) and Cosmos (ATOM). This contrast exemplifies the significant opportunities for early backers in the evolving digital economy.

Find out more about the Pushd presale at their official website.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Source: thinkbitcoins

Polygon (MATIC) investors add Kelexo (KLXO) Presale to their portfolio as Polkadot (DOT) holders enjoy profits

Posted on February 2, 2024 by thinkadmin

In the ever-evolving landscape of cryptocurrency, investors constantly seek opportunities that promise growth and innovation. Recent developments in the market have seen both highs and lows, with notable trends emerging among leading tokens such as Polygon (MATIC) and Polkadot (DOT).

While investors in Polkadot (DOT) enjoy profits amid its recent uptick, Polygon’s (MATIC) journey reflects the challenges of breaking free from a persistent downward trend. Amidst this backdrop, a new player has entered the scene: Kelexo (KLXO), a decentralized lending platform revolutionizing the way users borrow and lend on the blockchain.

Analysis of Polygon’s (MATIC) Price Trends

Over the past week, the price of Polygon (MATIC) has seen a notable increase, rising by 10.08%. However, despite this recent uptick, technical analysis of Polygon (MATIC) weekly charts by cryptocurrency experts reveals a concerning pattern. Since reaching its peak in December 2021, the price of Polygon (MATIC) has been on a downward trajectory.

Despite sporadic increases, such as the rise from a low of $0.38 in June 2022, Polygon (MATIC) has struggled to break free from this bearish trend. Since November 2023, Polygon (MATIC) has attempted to break out from this downward trend on four occasions, yet each attempt has been unsuccessful, leading to subsequent retreats.

Assessment of Polkadot’s (DOT) Recent Performance

Despite its renown in the cryptocurrency market, Polkadot (DOT) has been experiencing a significant downturn lately. The weekly price of Polkadot (DOT) is between $6.49 and $6.77 with an increase of 4.86%. However, this recent uptick contrasts sharply with the overall trend.

Moreover, Polkadot (DOT) has witnessed a notable 10% decline in the first three weeks of 2024. This downturn has raised concerns regarding the resilience of Polkadot’s (DOT) decentralized platform, which facilitates the exchange of messages and value across various blockchains without the need for centralized intermediaries.

Kelexo (KLXO): Revolutionizing Lending on the Blockchain

Kelexo (KLXO) is making waves in the world of decentralized finance (DeFi) with its innovative approach to lending and borrowing. Acting as a web3 lending platform, Kelexo (KLXO) connects loan lenders and borrowers directly, eliminating the need for intermediaries and streamlining the entire process.

With instant payouts for loans and significantly lower transaction fees compared to traditional platforms, Kelexo (KLXO) is attracting attention from both borrowers and lenders alike. This seamless experience is made possible by leveraging blockchain technology, ensuring security, transparency and decentralized governance.

With the Kelexo (KLXO) Presale currently in Stage One and tokens priced at $0.022, investors are eyeing it as a promising addition to their portfolios. Presale investors stand to receive a proportionate revenue share of fees generated on the platform based on their holdings, offering an additional incentive for participation.

As Polygon (MATIC) investors add Kelexo (KLXO) Presale to their portfolios and Polkadot (DOT) holders enjoy profits, the crypto landscape is witnessing the rise of a groundbreaking lending platform built on the blockchain. With its focus on security, transparency and user empowerment, Kelexo (KLXO) is poised to reshape the DeFi sector.

Find out more about the Kelexo presale by visiting the website here

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Source: thinkbitcoins