Moshnake, Dogecoin, and IOTA Are A Well-Balanced Portfolio That We Recommend! - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-04-20

Popular crypto exchanges(2023 Update) 2024-04-20
Image: cyptoranking.com

This also highlights the instability of traditional fiat currencies, boosting interest in decentralized cryptos like BTC. “The bottom line for bitcoin at the start of 4Q may be that liquidity remains negative, with price implications,” McGlone posted. “Coming of age in a zero interest-rate world, the crypto hangover could be enduring as global rates continue to rise.”From novelty to nostalgia: New Liberty Standard’s crypto legacy Moshnake, Dogecoin, and IOTA Are A Well-Balanced Portfolio That We Recommend!Source / Sam Cooling x PlacidPalacePolygon (MATIC) crypto price has sunk -6% amid broader de-risking in markets, triggered by the conflict between Israel and Hamas - but with MATIC price trading low - is Polygon going to zero?This comes just a week after co-founder Jaynti Kanani revealed he was leaving Polygon ahead of the highly anticipated Polygon 2.0 to explore "new adventures".A major down-shift for Ethereum - which fell below $1,600 yesterday - could be the trigger for the latest drop.MATIC Price Analysis: Can Polygon Recover From -6% Drop?As price action finds relief from localised retracement, MATIC is currently trading at a market price of $0.53 (representing a 24-hour change of +0.34%).The recent -6% slide came as MATIC rejected from consolidation around $0.55 - in a tumultuous tumble that saw price crash down through the 20DMA (which stands at $0.53).TradingView / MATIC USDTWhen MATIC last fell below this moving average support, the 20DMA created a 66-day long period of upside resistance - highlighting the significance of the recent return below the MA.As for the 200DMA - a level untouched by Polygon since April 30 - it remains high above ongoing price action at $0.76.Polygon's indicators surprisingly remain bullish despite the downside move.The RSI has cooled-off during the -6% drop, flipping from bearish divergence to a bullish 45.7 - which reflects the now over-sold sentiment surrounding MATIC.While the MACD maintains minor bullish divergence at 0.0009 - signalling appetite for MATIC at these levels.Overall, Polygon appears weak here, more than a week of consolidation above the 20DMA failed to crack upside resistance at $0.60 - and with price now stuck back below the moving average - further downside seems likely.TradingView / MATIC USDTThis leaves MATIC with an upside target at $0.60 (a possible +13.64%).While downside risk could see MATIC fall to the lower trendline at $0.50 (a possible -5.3%).Polygon's risk: reward ratio therefore stands at 2.57 - a strong entry that suggests Polygon is not going to zero.But while Polygon bag-holders are strapped in for a rocky ride, a new meme coin has emerged with the potential to rival PEPE and SHIB.Meme Kombat (MK): The Next Big Sensation in Meme Coin Space?Source / Meme KombatMeme Kombat (MK) has recently hit the crypto scene and is quickly becoming a sensation, with a fresh and innovative stake-to-mine system, it's gathered an impressive $431,000 in its presale event alone.Powered by AI, Meme Kombat introduces battles between popular meme characters, allowing rival crypto users to wager using its native ERC-20 token, MK.This meme coin is set to redefine the meme coin space, potentially rivalling giants like Pepe and SHIB with its engaging approach and promise of playing on crypto community divisions.Source / Meme KombatWhat Makes Meme Kombat Stands Out?Unique Gaming Mechanism: Beyond simple trading, Meme Kombat offers users an interactive gaming experience. Users can bet on their favorite meme characters in Player vs Player or Player vs Game matchups.Incentivized Staking: Keeping user engagement at the forefront, 30% of MK's total supply is designated for staking rewards, motivating long-term investment and platform interaction.Gaining Rapid Traction: Even before its official launch, the growing interest in Meme Kombat is evident. Their presale has already garnered a notable $310,000, with anticipation building for its listings on major decentralized exchanges like Uniswap.Backed by a Robust Team: Under the leadership of the experienced founder Matt Whiteman, and with an audited smart contract by Coinsult, Meme Kombat guarantees both innovation and security.Promising Roadmap: With plans for platform launch in late Q3 2023, the project promises continuous enhancements. Each new season aims to introduce novel characters and gaming modes, ensuring user engagement remains high.Considering the current traction, innovative gaming approach, and a solid roadmap, Meme Kombat indeed showcases the potential to join the likes of Pepe and SHIB - especially as the GambleFi and GameFi narratives continue to grow.As the meme coin community eagerly awaits its full-fledged launch, the MK presale offers a golden opportunity for early-bird investors.Join the revolution and be part of the next meme coin sensation (stay tuned with the MK Telegram)!Buy Meme Kombat HereDisclaimer: 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.As Snorlax Token Surges By 500%, This Hidden Crypto Treasure Garnered $850,000 – Ready to Explode? On some platforms, transactions move at a slow pace, and this will probably continue to be the case until the dependability improves. Fiat on-ramps (a service that facilitates the exchange of fiat money to cryptocurrencies) to DeFi platforms can also be slow, which dampens user adoption.

Exchange Rankings Crypto
Image: cyptoranking.com

USDC is accessible to both users and developers without the need to bridge the stablecoin from Ethereum or other blockchain. Circle Mint and Circle’s developer API’s now support Polygon-based USDC, tapping into Polygon’s scaling capabilities. — Arthur Hayes (@CryptoHayes) October 4, 2023 How many Bitcoin is left?After production, tokens are then distributed to investors through offerings. The offering might be divided across several rounds. The firm may then utilize the ICO proceeds to develop a new product or service. In the meantime, investors can anticipate using the acquired tokens to profit from this product/service or wait for the tokens’ value to appreciate. Meanwhile, Stars Arena said it has secured the necessary resources to rectify the damage caused by the exploit. They also confirmed an ongoing white hat security audit. Notably, all contracts will retain their original funds throughout the security audit.

CryptoBusy explained that a US government shutdown could have a positive effect on Bitcoin. SEC's Next Moves: Speculation Abounds 3 Ways To Make Money During the Crypto WinterIn every “other business in the world” outside of stocks and crypto, people will “knock each other over” to snag a good deal, but investing exhibits the opposite behavior, Yusko says. At the time of publication, the BitMain-owned mining pool has discovered 46 blocks (30.07%) in the last 24 hours. Excluding the paid transaction fees, this amount has accrued AntPool a total of 287.5 BTC as part of its mining rewards — which is worth close to $8 million, with BTC trading at around $27,700.

*This is not investment advice.Giant Institutional Investor With 81 New Wallets Accumulates This Altcoin Today “Some numbers are floating out there on the energy use of AI’s carbon footprint, but despite some concerns, the content to support that, at least so far, wasn't there,” de Vries told Decrypt. “I figured that's where I could step in and try to shed some light on it, although it's very difficult.” Buy Bitcoin from ItalyHowever, BSC has some drawbacks, which may not be considered crucial for specific users. Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff


Sister links

Sources

Bookmark-new.svg