Understanding Cryptocurrency: A Beginner's Guide - cyptoranking.com

2024-05-06

Popular crypto exchanges(2023 Update) 2024-05-06
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In late September, the website for the Ethereum-based automated market maker Balancer was compromised in a seemingly similar attack, with attackers making off with around $240,000 worth of funds. Though Friend.tech’s weekly chat retention outpaces traditional social networking platforms, the average weekly trading retention has declined from 22% to a mere 5% over the course of time. According to the researcher, users should spend money “to test out a chat, subject to 10% tax on entry, and another 10% if the chat doesn’t work out”. Attributing the platform’s decline in trading retention to the minimal online business discussions and interpretations, Zach commented, “This could be a result of FT [Friend.tech] not being well suited for passive content consumption”. Understanding Cryptocurrency: A Beginner's GuideValeVerse: the new Valentino Rossi metaverse on The Sandbox 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.

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Ethereum (ETH)Tether (USDT)USD Coin (USDC)Binance Coin (BNB)XRP (XRP) In the dynamic world of cryptocurrencies, Wall Street Memes (WSM) have emerged as a topic of discussion among traders and enthusiasts. After a commendable launch, its valuation surged by an impressive 30% on Dextools. As of September 29, Wall Street Memes is priced at $0.045620, with its 24-hour trading volume reaching a staggering $1.7 million. Within the last day, the token experienced a nearly 30% upward trend. Despite its recent buzz, the crypto's CoinMarketCap ranking currently sits at #2135. Detailed market capitalization figures remain elusive, but what's clear is that its maximum supply caps at 2,000,000,000 WSM coins, while the circulating supply is yet to be confirmed.OKX Now Offers Spot Trading for Wall Street Memes (WSM)Wall Street Memes (WSM) has been added to the spot trading markets of OKX, which is the world's leading crypto exchange. This listing has been highly anticipated since WSM raised nearly $30 million to make finance more accessible and challenge traditional Wall Street practices in favor of everyday individuals. OKX is the first major exchange to facilitate the trading of WSM against the USDT (Tether) pair, which is a significant milestone in the coin's journey toward wider adoption and trading availability. Let's take a quick technical look. Wall Street Memes Price PredictionOn a technical front, the chosen chart timeframe for analysis is a 4-hour window. Key price levels to watch include a pivot point at $0.0399. Potential resistance points are at $0.04701, $0.05678, and $0.07221. On the flip side, immediate support is found at $0.03303, followed by $0.02478 and $0.01997. Delving deeper into technical indicators, the Relative Strength Index (RSI) is presently at 71. This suggests the asset is in overbought territory, given that any RSI value above 70 typically indicates such a condition. The asset's current price is slightly above its 50-Day Exponential Moving Average (50 EMA) of $0.04166, indicating a short-term bullish trend.Wall Street Memes Price Chart -Source: TradingviewChart patterns further highlight a double top pattern at $0.0470. The implications of this pattern are pivotal. If Wall Street Memes break above this level, it could signify bullish momentum. Conversely, dipping below might hint at bearish tendencies. The overall trend is anchored to the double-top pattern at $0.0470. Prices above this are bullish, while those below lean bearish. As with all crypto ventures, investors should remain vigilant, especially with the unpredictable nature of meme coins.Visit Wall Street MemesMeme Kombat: Crypto Alternatives Recently introduced, Meme Kombat merges meme concepts with combat gaming and assures players two sources of earnings—active and residual. The token presently provides a staking APY of 112%. The project's whitepaper emphasizes the Meme Kombat Token ($MK) as the central element of its financial framework. One of the main features of the Meme Kombat platform is staking, providing crypto aficionados a steady passive income through APY. Users can securely link their crypto wallets to the platform and stake their $MK tokens.30% of the total token supply is set aside for staking and in-game rewards. This allocation approach encourages users to hold onto their tokens, promoting stability.Once the first 14 days of staking are over, users can opt to withdraw their tokens or continue staking to consistently reap the APY benefits.Crypto Presales and Betting TacticsMeme Kombat offers a variety of wagering options, including Player-vs-Player and Player-vs-Game, providing alternate avenues for cryptocurrency investments. Additionally, the platform's crypto presale has already attracted more than $60,000 in just one day.The overall fundraising target for the presale is set at $10 million, with each token priced at $1.667. Early joiners of this presale enjoy the advantage of automatic token staking.The platform expects to roll out multiple features between October and November 2023, highlighted by the premiere of Meme Kombat Season 1, aimed at retaining player engagement. By the close of 2023, enthusiasts can anticipate the release of Meme Kombat 2, which will offer enhanced gameplay features.Visit 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.Biggest Crypto Gainers Today on DEXTools – XDOGE, EMOTI, MOONY The Top 10 Crypto Games That Let You Earn While You PlayArtificial intelligence getting trendy in crypto space The US Securities and Exchange Commission (SEC) added that under Bankman-Fried’s instructions, Ellison manipulated the price of a digital token issued by FTX. Alameda then used the altcoin as collateral for undisclosed loans taken from FTX.

“The base layer of that game was very basic in a lot of ways, but fascinating in others — [it] totally changed YouTube gaming forever.” A 🧵 of key differences between Pirates (our F2P collection) and Founder's Pirates (our genesis collection). Digital asset exchangeThe aim was to overcome certain limitations of ERC-721 and make the market for non-fungible tokens more dynamic and interactive. “Imagine a world where you have two games. They have the exact same experience, but one of them has ownership. Which one are you going to play?” Anderson said.

CryptoPotato reported that these developments are signs that market players are gearing up to execute buy orders at current or lower price levels. As the stablecoin available for trading on exchanges rises, so does investor confidence and the urge to capitalize on opportunities presented by current market conditions. Overall, the development shows growing interest from investors intent on entering or reentering the crypto market. These 2 Blockchains Dominated Transaction Fees Over Past 12 Months: Bloomberg Analyst Shiba Inu Finally Resurfaces with This Crypto Exchange ListingEther has underperformed Bitcoin by 25.7% in the last 11 months, causing the ETH/BTC ratio to breach the 0.06 support level. Therefore, several factors can be attributed to the negative sentiment surrounding Ether's price, including the U.S. Securities and Exchange Commission's lawsuits against Binance and Coinbase in June 2023. What Is a Cryptocurrency Exchange? How Does It Work?

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