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2024-04-19

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The initiative has also brought onboard notable figures from the Ethereum community — such as Frax founder Sam Kazemian and 0xMaki — as advisors.Fixed rate-focused Yield Protocol is the latest DeFi project to wind down Source: TradingViewDogecoin has remained largely flat in the past 24 hours, with its current price of $0.061189 representing a 1% drop in the past week.This means it remains below its 50-day exponential moving average (which stands at $0.0635), a sign that the meme token is struggling to regain momentum and is currently being oversold.This is confirmed by the fact that DOGE is also 4% down in the last 30 days and also 6% down in the past year, with the token struggling to find enough positive news to boost its price.But with some analysts expecting a market-wide rally towards the end of the year, and with DOGE also waiting hopefully on Twitter payments, the token could easily rise again in the near future.Dogecoin Price Prediction as DOGE Attempts to Climb Above 50-day EMA – Can Momentum Be Regained?DOGE's chart continues to look very unpromising at the moment, even if its oversold status would normally imply an incoming rebound.Source: TradingViewFor one, DOGE's relative strength index (purple) has been below 50 – or even 40 – for the last month and a half, and it currently remains close to 40, in a sign that buyers still don't seem interested in acquiring some on the cheap.Likewise, its 50-day EMA (yellow) continues to fall further below its 200-day average (blue), which in combination with the fact that current price is below both would imply a serious loss of momentum and support.Indeed, DOGE's support level (green) has inched downwards over the past month or so, meaning that it may not have actually finished dropping in the short- and medium-term.The coin could therefore sink below $0.060 in the next few days, and potentially drop even further unless the wider market becomes a little more positive and buoyant.The problem with DOGE at the moment is that it lacks any positive narrative, with no recent bullish news to note and no new developments.As such, the market is having a hard time trying to get excited about the coin, which seems to be relying almost solely on the possibility of integration with X (formerly Twitter) for any upwards movement.And while Elon Musk's love for DOGE means that Dogecoin payments on X can never be ruled out, it's likely that it would take a long time for such a thing to happen, if it ever does.For this reason, DOGE is likely to continue sliding for as long as the wider cryptocurrency market remains in a relative slump, which is currently being caused by rising bond yields (which makes stocks and more speculative assets less attractive).The meme token is likely to fall to $0.0550 or thereabouts before picking up again, with a return to more bullish conditions at the end of the year potentially lifting it back up to $0.070.New Meme Tokens With High PotentialTraders may prefer to leave DOGE aside for the time being and look at newer meme tokens with more potential for market-beating gains.Of course, it can be hard to pick which new meme coins are likely to be successful, yet one way of gauging this is to look at presales, with tokens that raise substantial amounts likely to have a larger following going forward.One new coin that fits this profile is Meme Kombat (MK), a new gaming platform that offers users the chance to earn rewards betting on AI-generated meme battles.The platform's presale has already raised over $325,000, which is impressive in that the sale has been open for only a couple of weeks.This suggests that investors are already being won over by Meme Kombat's primary feature, which is that it will use artificial intelligence to generate battles between meme characters, which users can place bets on.Users can do this by staking the platform's native token, MK, which will also be used to pay out rewards for successful bets.And given that Meme Kombat is based on the Ethereum blockchain, bets will be made using smart contracts, making payouts transparent and instant.Given just how popular meme coins have been in 2023, a platform which promises to stage meme battles is likely to attract plenty of interest, as hinted at by the presale's success in raising money.As a token, MK will have a hard cap of 12 million, with 50% of this supply going to the presale and another 30% going towards battle and staking rewards.This distribution should ensure a high level of community involvement with Meme Kombat, with investors able to join the presale by visiting its official website and connecting their wallets.1 MK will cost $1.667 for the entire sale, which will end once it raises $10 million, at which point the promising new token will list on exchanges.Visit Meme Kombat NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.XRP Price Prediction as XRP Seeks to Breach $0.55 Level – Is the Path to $1 by End of 2023 Clear? Buy Tether USDT the easy waySui Chung: It's sort of not so much size, because if we take gold as the analogy, in gold no one actually knows how big the physical spot market is. Because it's not traded on a screen. It's not a central limit order book. It's brokers calling miners and asking them, "can I buy this amount of gold?" And then those brokers, talking to industrial users, "do you want to buy this amount of gold. I will ship it to you." So no one actually even knows how big the spot market is. According to Hayes, “the US banking system is functionally insolvent because the regulators made the rules in such a way that it was profitable from an accounting perspective, not an economic perspective, to essentially take in deposits and buy low yielding treasuries and they could do it with almost infinite leverage and a few basis points differing in the change of the price and everyone makes a lot of money and gets a big bonus.”

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Developed by Animoca Brands, the new Formula game focuses on Formula E, a motorsport championship with fully electric-powered race cars, instead of Formula 1s models. Players are put in the shoes of a team principal responsible for their Formula E teams strategic decisions and management with the ambition to become champions. U.S. supermarket chain Trader Joe’s filed a complaint last week against decentralized exchange (DEX) Trader Joe, alleging federal trademark infringement. Top 17 Crypto Predictions & Outlooks 2023: Kick-start your ...Wyatt acknowledges that many blockchain-based games are “really interesting, conceptually,” but there are no “good games” yet. MoonPay Unveils Cryptocurrency Swapping Feature in Its App – Here's the Latest

When it comes to personal privacy, the promises of DeFi summer have rung hollow. That was around the time of the Terra stablecoin project collapse and the onset of the ongoing period of crypto winter. Lubin spoke to Forkast’s Will Fee at Token 2049 in Singapore (Sept. 13-14) about Consensys, decentralization and the AI-backed evolution of crypto beyond the current bear market. The interview has been edited for clarity and length. How do I start investing in cryptocurrency in USA?This is a guest post by Amanda Fabiano, Harry Sudock, & Rory Murray. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.Argo Blockchain Reports 34% Jump in BTC Mining As DeFi continues to grow and mature, regulators will develop new frameworks to govern this industry while developers will create new, responsible privacy-preserving technologies. That’s why Web3 builders should recognize that today’s privacy shortcomings are a puzzle to be solved, not an indictment on the industry. And if an industry outsider cannot imagine a Web3 protocol that addresses regulators’ privacy concerns while satisfying users’ privacy needs, that’s only because that solution hasn’t been built by an industry insider — yet.

Kostas Kryptos, Co-founder and Chief Cryptographer at Mysten Labs, provided one of the simplest examples of interactive ZKP with his differently-colored balls scenario. In his example, a prover must prove to a verifier that a red ball and a green ball are different colors without revealing which ball is which. On the positive side, Santiment analysts explained that whales and sharks in the Ripple network are increasingly accumulating more of the XRP supply. While last year the amount of coins held by cryptocurrency wallets holding between 100 thousand and 100 million Ripple tokens was 7.16 billion dollars, this year it increased to 7.89 billion dollars. Cryptocurrency Statistics 2023: Investing In CryptoIn the report, the committee — led by deputy Ricardo Silva — claimed that Binance, Zhao and others “set up an opaque network of legal entities, all controlled directly or indirectly by Zhao, without defined business purpose and with no other purpose than evading compliance with the law.” Driver: As the star of the racetrack, drivers leave a legacy etched onto their cars and parts, all secured on the blockchain.

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