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Showing posts from September, 2024

Hamster Kombat Price Prediction: HMSTR Plunges 6% As Investors Pivot To This P2E Meme Coin Rival For 100X Potential

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The Hamster Kombat price plunged 6% in the last 24 hours to trade at $0.005856 as of 00:40 a.m. EST despite trading volume surging 77% to $338 million. Hamster Kombat Price Bearish, Aims For A Bullish Trend Reversal The Hamster Kombat price action shows a downward channel pattern, which typically suggests a bearish trend. Moreover, the price of Hamster Kombat is moving between the falling wedge pattern, creating lower highs and lower lows, a clear signal of a downward movement. HMSTR price now trades below the 50-day Simple Moving Average (SMA), which indicates that the short-term trend is bearish, as the price is struggling to break above the SMA at $0.006121, according to data from GeckoTerminal . The RSI is at 50.40, which is in the neutral zone (neither overbought nor oversold). This indicates that the price is at an equilibrium point where it could go either way, depending on future momentum. It’s important to note that the RSI has recovered from the oversold region arou...

Cardano (ADA) & Dogecoin (Doge) Weekend Price Analysis

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The altcoin market is showing promising signs of an uptrend as several cryptocurrencies have surged positively in the last 24 hours. The king of crypto coins, Bitcoin, has successfully breached the $65K mark, which has ushered in a bullish price wave for all leading crypto altcoins. While Shiba Inu is up 22% at press time, Dogecoin has risen 10% in the process, and the whole Cardano has finally breached its critical price juncture of $0.40. Will Doge and ADA continue to surge this weekend? Also Read: Shiba Inu Surges 22%: Why Is SHIB Up Today? Altcoin Market Lights Up The Market With Bullish Price Surges The altcoin market is currently basking in bullish market waves, as the domain is currently trading in green. Several cryptocurrencies have surged remarkably after spending months in consolidation. In the middle of this, Dogecoin has risen 10% in the last 24 hours. The token is currently sitting at $0.1211, finally breaking free of certain critical price hurdles that were keeping its p...

Top Selling NFT This Week – IBOX, MiniMonkey & NodeMonkes NFTs Lead In Sales

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Despite recording negative growth in the past several months, individual and institution investors are still bullish on non-fungible tokens. The global NFT market has recorded positive growth this week, with its trading sales volume significantly climbing to over $80 million in the past seven days. In this article, we have listed some of the top-selling NFT collections this week: 1. IBOX NFT Collection IBOX, a new non-fungible token collection created exclusively on the Polygon, an Ethereum scaling network, is this week’s top-selling NFT collection. In the past seven days, the new IBOX NFT collection has taken the crypto community, amassing 10.21 million MATICs worth over $4.34 million. During this period, the IBOX NFT sales volume has surged 100% from the past week. Source: Tiexo.com, top selling NFTs by sales volume in the past 7 days 2. MiniMonkey NFT Collection MiniMonkey, another non-fungible token collection created on the Polygon blockchain network featuring a lim...

BRICS To Create an Independent Payment System for Trade

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BRICS member Russia confirmed that the alliance is looking to create an independent payment system for trade settlements. The new payment mechanism will be used to settle foreign transactions and will be similar to the SWIFT messaging system. The US dollar will not be incorporated into the payment system and will be run on local currencies only. Also Read: BRICS: Purchasing Power of the US Dollar Could Fall From 3% to Zero Trade and cross-border transactions worth billions of dollars in local currencies could be used to settle in the new BRICS payment system. The lesser the US dollar gets used, the more deficit it could face in the global markets. The US imports the dollar to fund its surplus and if emerging nations don’t buy the USD, problems could hit the American markets. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The move could lead to hyperinflation in the US as the dollar could face deficits due to lesser or non-usage...

The Era of Tap-to-Earn Gaming: Revolutionizing Play and Profit

The Era of Tap-to-Earn Gaming: Revolutionizing Play and Profit! The gaming industry has seen several evolutions over the years, but nothing compares to the latest breakthrough: the “Tap-to-Earn” gaming platform. This emerging concept blends the world of gaming with blockchain technology, allowing users to earn rewards simply by engaging with games through minimal taps on their devices. What Is Tap-to-Earn? Tap-to-earn gaming simplifies the play-to-earn (P2E) model, offering a more accessible and casual form of interaction for players. Unlike traditional P2E games that often require time-consuming or skill-based engagement, Tap-to-Earn focuses on micro-interactions — where players earn cryptocurrency or in-game assets by completing small actions, like tapping the screen. This transforms the gaming experience from mere entertainment to a rewarding activity. Blockchain at the Core Tap-to-earn gaming platforms operate on blockchain technology, ensuring transparent, secure, and d...

Ethereum Unlikely To Hit ATH In 2024, 85% Polymarket Traders

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The Ethereum (ETH) network has witnessed more downs than ups over the past few months. Despite its 64% ascent over the last year, ETH failed to hit an all-time high of $4,891.70. At press time, ETH was trading at $2,615.78 following a dainty drop over the day. Considering its current price, the altcoin is 46% below this level. Also Read: Can Bitcoin (BTC) Surge To A High of $80K In ‘Uptober’ Rally? Source ETH holders took to CoinMarketCap to reveal their expectations about the asset. Out of 97071 votes, only 26% of the community were bullish about Ethereum’s potential rise. A staggering 74% were bearish about the altcoin. It looks like this was the common notion in the ETH market. Source Also Read: Digital Currency: Hong Kong’s CBDC Pilot Testing Enters Phase 2 Bearish Sentiment Reigns The Ethereum Market Data from Polymarket, a prominent prediction platform, reveals that there is currently an 85% chance that Ether will fail to reach a new all-time high in 2024. Just last week, th...

Ethereum-Based DeFi Protocol Rallies After Coinbase Announces Support for Trading

The native token of an Ethereum (ETH)-based decentralized exchange (DEX) is on the rise after being listed on the top US crypto exchange by trading volume. Coinbase listed CoW Protocol (COW) for trading on Tuesday and the token soared from $0.28 to $0.32, a gain of more than 14% while most of the markets are down. “Trading will begin on or after 9 a.m. PT on September 24th, 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our COW-USD trading pair will launch in phases. Support for COW may be restricted in some supported jurisdictions.” COW is trading for $0.31 at time of writing. The project says in a tweet that the Coinbase listing will benefit the ecosystem in a number of ways. “CoW DAO’s (decentralized autonomous organization) mission is to make DeFi (decentralized finance) safe and seamless FOR ALL. The Coinbase listing helps by: Making COW more accessible. Increasing liquidity ...

Calyptus gamifies its job-hunting process to drive Web3 recruitment

Calyptus, a Web3 job platform, has introduced a new points-based system to enhance its job-hunting process, according to the most up-to-date information shared with Finbold on Wednesday, September 25.  The system incentivizes job seekers to bring their skills and experiences to the forefront by completing profiles, assessments, and references, and by connecting data streams. Consequently, candidates can now highlight their talents faster, speeding up the interview process by up to four times. Picks for you ‘Was it worth it?’ Polkadot reveals six-digit expenses in crypto event 19 mins ago Cardano founder slams Ethereum as a ‘dictatorship’ 2 hours ago ...

New Cryptocurrency Releases, Listings, & Presales Today – XBorg, DENTNet, Bitboard

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Since the U.S. Federal Reserve decided to cut interest rates, the cryptocurrency market has experienced substantial growth, with no immediate signs of slowing down. As a result, Bitcoin’s value has risen by 7.80% over the past week, reaching the $63,000 mark, significantly bolstering traders’ confidence in the market’s outlook. This shift has set off a ripple effect across various tokens, with the meme coin market being particularly impacted. Notably, Pepe Unchained has received significant attention from market participants. Additionally, many investors are now shifting their attention to new tokens that have the potential to become leading assets. This article reviews the new cryptocurrency releases, listings, and presales today , analyzing key tokens currently gaining traction. New Cryptocurrency Releases, Listings, and Presales Today BB provides real-time rankings for entertainment organizations, enabling them to track trends and grow through collaboration. Mean...

Is $SHIB Set to Recover, or Will Pepe Unchained Dominate as Its Presale Nears the $15 Million Milestone?

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Shiba Inu is currently facing challenges due to its significant market cap of $8 billion and ongoing inflationary pressures from its tokenomics. While the meme coin market has seen extreme fear recently, analysts speculate a potential resurgence in interest around October to December, which could lead to renewed excitement for coins like Shiba Inu. However, many investors are stuck with positions at higher prices, struggling with losses. This article will explore the price prediction for Shiba Inu, discussing the potential for recovery or further decline, while also highlighting the Pepe Unchained presale, which is approaching its $15 million milestone. $SHIB Crypto Price Prediction As of this writing, Shiba Inu is trading at $0.0000145, with a 24-hour trading volume of $149.57 million and a market cap of $8.56 billion. Over the past week, Shiba Inu has seen a rally, experiencing a price increase of approximately 9%. However, its upward momentum has stalled in recent days, even s...