Promising Crypto 2023: Digitoads and InQubeta - cyptoranking.com

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

2024-05-13

Popular crypto exchanges(2023 Update) 2024-05-13
Image: cyptoranking.com

DEXTools Logo / Source: AdobeMajor blue-chip cryptocurrencies continue to slide, with Bitcoin (BTC) last trading in the $27,300s, down close to 1%, and Ether (ETH) last trading just to the north of $1,550 and down a little over 1%.Bitcoin remains in a short-term uptrend, but is threatening a downside break, which would be confirmed if the cryptocurrency broke under $27,000 once again.Ether, meanwhile, continues to face headwinds following the recent underwhelming launch of ETH futures ETFs in the US, which saw week demand, and following a surprise sale of around $2.7 million ETH tokens by the Ethereum Foundation earlier in the week.Elsewhere, sentiment is downbeat across most other major cryptos, with the likes of XRP (XRP), Solana (SOL), Cardano (ADA) and Dogecoin (DOGE) all down 1-4% in the past 24 hours, as per CoinGecko.Traders will be monitoring the ongoing war between Israel/Gaza and its impact on oil prices this week, as well as moves in the US bond and currency markets this week.However, the main event is likely to be the release of US PPI and CPI inflation figures on Wednesday and Thursday.Ahead of this data, traders will likely continue to turn to the highly illiquid shitcoin/meme coin markets for better trading opportunities.Here are some of the top-performing low-cap coins as per DEXTools.Dee Jay ($DEE)A shitcoin called Dee Jay ($DEE) that was launched on Tuesday has seen an almighty 400% pump from its decentralized exchange launch price, making it the best-performing shitcoin, as per DEXTools.$DEE last had a market cap of just under $300,000, with 24-hour trading volumes of around $530,000, over 200 holders and a little over $240,000 in liquidity.The token’s smart contract has two alerts, as per the DEXTools security audit, including an anti-whale mechanism and a trading cooldown function, both potentially handing the token’s issuer unfair influence over trading conditions.KingdomGame ($KINGDOM)Telegram-based game KindomGame’s native $KINGDOM token has pumped up an impressive more than 200% in the past 24 hours, as per DEXTools, making it a top performer.$KINGDOM last had a market cap of around $2.43 million, nearly $850,000 in 24-hour trading volumes, nearly 1,000 holders and close to $200,000 in locked liquidity.The token is up a stunning 800x versus its launch price earlier this month at just above $0.0003.While it doesn’t appear to be a scam, the token has a few concerning aspects to its contract, such as a 5% buy and sell tax and an anti-whale mechanism, although it does have a strong community trust score of around 92%.Loong ($LOONG)A shitcoin called Loong ($LOONG) is up over 130% on Tuesday, making it a top performer in the past 24 hours, as per DEXTools.The token is looking to make it four days in the green in a row since its launch late last week and has managed to already surpass a market cap of a $500,000.$LOONG has already massed more than 175 holders and over $80,000 in liquidity, but its pump isn’t being driven by much volume.With only around $70,000 of the token changing hands in the past 24 hours, $LOONG’s latest pump may lack conviction.The token has a few concerning aspects to it, including a 5% buy tax and a 6.8% sell tax, as well as a few other functions that could hand the issuer unfair powers over trading conditions.Crypto Alternatives to ConsiderShitcoins are very risky, given most have no real value proposition.For those looking for an even better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.This is where investors buy the tokens of up-start crypto projects to help fund their development.These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.If an investor can identify such projects, the risk/reward of their presale investment is very good.The team at Cryptonews spends a lot of time combing through presale projects to help investors out.Here is a list of 15 of what the project deems as the best crypto presales of 2023.See the 15 CryptocurrenciesDisclaimer: 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.Crypto Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest So far, the integration of DAOs into scientific research is limited. But VitaDAO, which Nature calls a “flagship” science DAO, has already minted several projects as “IP-NFTs,” with most securing DAO funding allocations in the hundreds of thousands of dollars.Fixed rate-focused Yield Protocol is the latest DeFi project to wind down Promising Crypto 2023: Digitoads and InQubetaFormulas second swing in Web3 What is Binance Smart Chain?

Exchange Rankings Crypto
Image: cyptoranking.com

Yet, there’s a silver lining. The BRC20 token market has experienced a modest uptick of about 3% this week, reaching a value of $180.31 million. However, the lot of BRC20s today have lost 0.6% in 24 hours. The ORDI token boasts the most substantial market cap at $71 million, followed by DFUK at $46 million, and MOON securing the third spot with $23 million. But it’s worth noting that ORDI has plummeted by 87.81% from its peak on May 08, 2023, while MOON has dipped by 71.20%. Over the last day, BRC20 tokens have seen approximately $9.2 million in global trading activity. For SHIB, the important support levels that investors trading in the futures market should pay attention to on the four-hour chart are as follows: $0.00000686 / $0.00000675 and $0.00000659. Especially, if a four-hour closing occurs below the $0.00000675 level, it may lead to the loss of the support line and an acceleration in the decline. Philippines Prepares to Regulate Cryptocurrency Exchanges as Trading PlatformsThe ROSE price has not reacted to the news positively so far. On the contrary, it began a downward movement on October 9. However, the actual number of NEAR tokens in circulation may be lower, depending on how the NEAR tokens are emitted over time. Therefore, it may take several years before the FDV is achieved.

2017 zk-SNARKs Coinbase-Buy and Sell Bitcoin,Ethereum,and more with trust“All mining operations and services are only possible after obtaining a permitting document and license in the prescribed manner,” the NAPP wrote, adding: “A lot of game studios are building games from Web2 and slapping an NFT on top of it,” Sunarto said. “I’m really passionate about finding interesting ways to use crypto levers to make Web3 gaming much more appealing beyond just having collectibles.”

You might also like: HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful PilotThis San Diego bank’s client list is a who’s-who of questionable characters in crypto and beyond WSB highlighted that the financial powerhouses, historically associated with manipulating assets like gold, are now purportedly exerting pressure on the value of XRP. He argued that the manipulation takes place despite XRP’s recent legal victory against the SEC, which granted it regulatory clarity. How to Buy Ethereum (ETH)|Firi“The long-awaited advent of spot bitcoin ETFs in the US come at a time when liquidity remains negative and risk assets face drawdown potential amid the risk of a global recession,” McGlone and Seyffart wrote. “When plugging bitcoin into most value-at-risk models, the facts of flat performance for about the past five years and more risk may weigh on reallocation decisions from equities, made easier via spot ETFs.” Hong Kong's approach to retail stablecoins has financial implications:


Sister links

Sources

Bookmark-new.svg