The Ten Most Prominent Figures in the Cryptocurrency World - cyptoranking.com

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

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
Image: cyptoranking.com

As we wrap up the third quarter of 2023, it's time to take a closer look at five prominent meme coins: Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Floki (FLOKI), and BabyDoge (BABYDOGE). These tokens, each with unique identity and community, have continued to make headlines, surprise skeptics, and offer a glimpse into the ever-evolving landscape of cryptocurrencies. Here are the key updates from their ecosystems in Q3, 2023. Crypto Experts are Accumulating This New Bitcoin Project Before it Lists on Exchanges – Here's Why The Ten Most Prominent Figures in the Cryptocurrency WorldCBDCs could help trace every unit of currency that would come in quite handy in detecting tax evasion and financial crimes. Read more: BIS report claims crypto is centralized and DeFi amplifies risksNigeria’s Central Bank confident about local CBDC eNaira

Exchange Rankings Crypto
Image: cyptoranking.com

Technical Resistance is expected around 31986.16/ 32989.19/ 34658.69 with Stops expected above. General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.The Top 20 Most-Used Buzzwords in the Crypto Circuit India Looks To Shift Offshore Derivatives Market To GIFT CityThe country, known sometimes as the “Start-up Nation,” has an economy where tech jobs compromise about 14% of the workforce. Read more from our opinion section: DeFi has a reputation problem

Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT's Making a Comeback? During the prosecution's line of inquiry, Wang said that either Bankman-Fried or FTX lawyers had presented him with loans which he was then directed to sign. How much should I invest in crypto?doesn’t repeat itself but it sure does rhyme”, and I think this applies to cycles too. Nothing is ever a 100% replication of anything that happened before, but it can give us a rough estimate of what might happen. Source: TradingViewThe PEPE price has slipped by 2.5% in the past 24 hours, with the meme coin now also down by 10% in the past week, at $0.000000668902.This level marks an 8% loss in the last 30 days and an 84% fall since the meme token reached a record high of $0.00000431 at the beginning of May.Unfortunately, the medium- and long-term picture for PEPE since then has been largely negative, with the occasional pump-and-dump from whales doing little to halt the overarching decline the altcoin has suffered since storming the market in April and May.And with PEPE have little in the way of fundamentals to support it, it's likely that the next rally will be succeeded only by further falls.Pepe Price Prediction as $30 Million Trading Volume Sends PEPE Down 4.4% – Time to Buy the Dip?PEPE's indicators have taken interesting positions, with the coin arguably looking like it's ready for a much-needed bounce upwards.Source: TradingViewAfter spending much of August and September at 30 or below, PEPE's relative strength index (purple) climbed up to 60 at the beginning of the month and has more recently dropped to 40.Yet it's important to note that it has seemingly stabilized at this level, perhaps suggesting that its recent fall has bottomed and it's ready to pump again.To some extent, this view is supported by the meme token's 30-day exponential moving average (yellow), which has been declining consistently since the end of July, with the coin's price well below it.This means that PEPE is due a rebound (at least on a purely technical basis), with the coin's modestly rising support level (green) also suggesting that it has finished dropping for now.While there have been no major whale purchases of PEPE in the past week, the end of September did witness some significant accumulations.While the addresses concerned appear to have already sold the PEPE they bought in the transactions detailed above (e.g. here and here), these transactions nonetheless highlight how the meme token is still being used as a vehicle for profits by larger traders.As such, we can expect PEPE to rally again in the near future, especially with its trading volume peaking above $30 million in the past few days.The coin could be expected to rise as high as $0.00000080 in the near future, yet it's always likely with PEPE that it will fall back down again soon enough, and perhaps to a lower level than today's.Alternative Meme TokensBecause PEPE remains a risky option for retail traders (who can't pump or control the market like whales can), many may prefer to look at alternative meme coins that show more promise for market-beating gains.While it's difficult to identify the most promising and least risky meme coins, one way of filtering out the best is to look at presale, which can indicate popularity in cases where a sale has raised significant sums.This happens to be the case with Meme Kombat (MK), a new project that provides users with the chance to win rewards betting on the outcomes of AI-generated meme character battles.Launched only a few weeks ago, its presale has already raised more than $425,000, providing a sign that investors are already being interested by Meme Kombat's innovative new platform.Meme Kombat will also have a social element, in that players will be able to bet against each other (as well as against the platform itself) on the results of the aforementioned meme battles.Rewards will be paid out in the form of the native MK token, which is an ERC-20 cryptocurrency that can also be staked for the purposes of earning a passive income.The token comes with a hard supply cap of 12 million MK, with 50% of this earmarked for the presale and another 30% going towards battle and staking rewards.This will make the token appreciably decentralized, with investors able to join the presale by going to Meme Kombat's official website, where 1 MK costs $1.667.It will remain at this price for duration of the sale, yet it could easily rise strongly once it lists on exchanges towards the end of the year.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.Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal

A look at the amount of royalties paid to Yuga Labs each day since January 2023. Image: The Block Research. Furthermore, it references a purported statement made by Binance’s chief compliance officer, stating the company’s desire to evade “regulation at all costs.” Top Crypto Exchanges Without KYC in 2023According to the prominent blockchain security tracker PeckShieldAlert, the scammers have already transferred the stolen funds from Base, a Layer-2 scaling solution, to Ethereum via Orbiter, a cross-chain bridge. After all the movements, the scammers have deposited some of the stolen funds to the Binance exchange to cash them out. Bitstamp is discontinuing services in Canada starting January 2024.


Sister links

Sources

Bookmark-new.svg