Day: February 10, 2024

Cryptocurrencies are back and Bitcoin Dogs could benefit

Cryptocurrency prices have staged a strong comeback in the past few days.

Bitcoin has surged to over $47,000 while the fear and greed index has moved to greed.

Bitcoin Dogs, a new cryptocurrency, will likely benefit with this trend.

Cryptocurrency prices finally made a strong bullish breakout as a sense of optimism spread in the financial market. Bitcoin, the biggest cryptocurrency in the world, jumped from the post-ETF approval low of $38,500 to over $47,000 and analysts believe that it has more upside ahead. 

This jump coincided with the strong performance of American equities as the key indices surged to a record high. The S&P 500 index crossed the important resistance at $5,000 for the first time on record. The Dow Jones and the Nasdaq 100 index have also soared, helped by the ongoing technology rally.

What is Bitcoin Dogs?

The ongoing bull run in the financial market could benefit Bitcoin Dogs, a new cryptocurrency that has some unique features. Bitcoin Dogs, which launched its presale this week, is a cryptocurrency that aims to marry the overall love for digital currencies and dogs. 

According to its white paper, Bitcoin Dogs is the first cryptocurrency to launch a presale on Bitcoin’s network. This is important because of the ongoing demand for Bitcoin and its ecosystem. For example, recently, we have seen the success of Bitcoin Ordinals and Stacks, a layer-2 network for Bitcoin’s ecosystem. You can buy the token here.

Bitcoin Dogs will comprise four key parts: a 10k NFT collection, a game, $ODOG tokens, and the community. Combined, the developers believe that these four parts will help it become more popular in the next few months.

Why Bitcoin Dogs could fo well

There are other reasons why Bitcoin Cats could do well. First, there are signs that investors are getting greedy in the market. The crypto fear and greed index has jumped to the greed zone of 66 after spending a few weeks in the neutral level.

Second, Bitcoin has moved from its consolidation phase of $43,000, where it remained in the past few weeks. This means that it could climb and retest the important resistance point at $49,000 and then blast above $50,000 in the coming week.

Third, there is a strong demand for Bitcoin ETFs as evidenced by the strong inflows of ETFs by companies like Blackrock and Fidelity. Combined, the two now have over $5 billion in assets. They rank highly in terms of total ETF inflows this year.

Further, we have seen other token sales do well. For example, Memeinator has raised over $5 million in the past few months. Other sales that did well in this period are AltSignals and BitBot, among others.

In addition, there is a likelihood that the Federal Reserve will start cutting interest rates in the coming months since inflation is falling. It has dropped from the pandemic high of almost 10% to about 3.4%.

Finally, Bitcoin will go through a halving event, which is set to happen in April of this year. In most cases, cryptocurrencies tend to do well ahead of this halving event. 

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Unveiling The Dragons: The World’s First Token Amulets

Kuala Lumpur, Malaysia, February 10th, 2024, Chainwire

Today, dragonsworld introduces The Dragons project: the pioneering token talisman crafted by a team of crypto enthusiasts, dedicated to infusing the ancient energy of this revered symbol into the digital realm.

As the Chinese New Year of the Dragon is ushered in, users are invited to join in celebrating this auspicious occasion with exclusive activities and bonuses for the inaugural Dragon holders.

The Main idea of The Dragons Project

Dragons hold a special place in mythology worldwide, symbolizing power, strength, wisdom, and prosperity across various cultures and religions.

The Project embodies a fusion of cutting-edge technology and timeless beliefs. In the Year of the Dragon, two remarkable tokens have emerged in the cryptocurrency landscape. Golden Dragon and Green Dragon a emes.

At the heart of The Dragons lies the convergence of ancient wisdom and modern innovation, symbolizing new opportunities and pathways in the evolving landscape of Web3. Together, these Dragons form an expansive ecosystem, offering not only auspicious digital tokens but also a vibrant gaming universe replete with daily competitions.

Secure and scalable: The Dragons chose the BNB Chain

The Dragons project operates within the BNB Chain. The aim extends beyond just creating a gaming platform; it empowers users to embark on their own adventures, connect with others in guilds, and share experiences and resources. The BNB Chain was chosen for its performance, eco-friendliness, and scalability.

Ancient traditions are blended with modern technology, so The Dragons use cutting-edge tech to ensure transparency and security. The project has undergone security audits and regularly runs bug bounties to maintain a reliable platform. Advanced encryption protects user data.

The project offers its users several benefits:

Green Dragon and Golden Dragon are unveiling a new direction with token amulets. These amulets offer several utilitarian functions:

🐉 Staking System. Staking with The Dragons unlocks active participation in the ecosystem. Users can potentially gain bonuses, participate in issuances, and influence project development by holding Green Dragon and Golden Dragon tokens in their Staking Account.

🐉 Social Interaction. The Dragons project encourages socializing; users can exchange ideas, share resources, and form guilds.

🐉 Personal Engaging Competitions. Dragon holders can participate in exciting competitions on the platform to earn the title of Dragon Master.

🐉 Team Competitions. Active contributors and those who introduce new token holders can participate in team competitions for rewards.

The project blends innovation with tradition to provide users with a unique experience. Now, the token is available for purchase on the Toobit and ALP.COM exchanges.

Users Can Join Social Media for Exclusive Rewards

The Year of the Dragon is here, a symbol often associated with luck. Those interested can be among the first to hold the special token amulets and potentially receive extra bonuses. Users can follow The Dragons on social media, and bookmarking the website will provide updates on upcoming events. With 1,300 users already on board, it’s an exciting journey to be a part of.

For more information:

Website: https://dragonsworld.net/
Telegram: t.me/dragons_world8888
Twitter: @8888Dragons
Reddit: @Dragon_8888

Contact

CEO
Iskander Khasanov
dragonsworld8888@gmail.com

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Bitcoin’s road to $1M by 2028: expert debates; emerging memecoin sparks investor excitement

Few topics garner as much attention and speculation as the potential future value of Bitcoin

With enthusiasts and experts alike debating whether the pioneering cryptocurrency can reach the coveted $1 million mark by 2028, the stage is set for a clash of perspectives and predictions.

Bitcoin’s potential journey to $1 million

As Bitcoin evangelists fervently advocate for its exponential growth, sceptics raise valid concerns about market unpredictability. Tuur Demeester, a well-known Bitcoin advocate, recently shared a tempered view on Bitcoin’s trajectory. Despite acknowledging the significance of Bitcoin’s halving events, which reduce the supply and historically lead to price surges, Demeester remains cautious about setting overly ambitious expectations.

On the other hand, figures like Samson Mow exude confidence in Bitcoin’s ability to soar to $1 million. Mow points to the upcoming halving events that reduce Bitcoin’s daily production as catalysts for potential price explosions. His optimistic outlook hinges on Bitcoin’s adoption and the belief that sudden surges could cause significant disruptions in the market.

Factors influencing Bitcoin’s future

The anticipation surrounding Bitcoin’s journey to $1 million is closely tied to its halving events, which occur approximately every four years. These events, marked by a reduction in the rate of new Bitcoin creation, have historically triggered notable price movements. With the upcoming halving scheduled for April this year, investors are eyeing the potential impact on Bitcoin’s trajectory.

Moreover, market dynamics and adoption rates play crucial roles in shaping Bitcoin’s future. While some argue that natural adoption may constrain its growth, others believe that market movements could defy conventional models. As the crypto community eagerly awaits the unfolding of events, the debate rages about the feasibility of Bitcoin reaching the $1 million milestone.

Rebel Satoshi: an emerging memecoin igniting investor excitement

Amidst the fervour surrounding Bitcoin’s price predictions, a new contender emerges in the crypto sphere – Rebel Satoshi. Rebel Satoshi isn’t just another top altcoin; it’s a community-driven project with a vision to revolutionize the cryptocurrency landscape. With its unique approach and promising prospects, Rebel Satoshi has captured the attention of investors worldwide.

The project’s presale rounds have garnered significant interest, with Rebels Round 1 selling out in just 10 days, followed by Warriors Round 2 in 15 days, and Citizens Round 3 in 18 days. Currently, in Monarchs Round 4, which is expected to end this week, Rebel Satoshi is gearing up for its final presale round, Recusants Round 5.

Is Rebel Satoshi a good crypto investment?

Rebel Satoshi isn’t just about buying tokens; it’s about joining a movement. With 25 million $RBLZ tokens remaining for this presale round, investors have a chance to become part of something extraordinary. Built on the Ethereum network, Rebel Satoshi ($RBLZ) boasts top-high security and transparency. The project’s smart contracts have undergone audits by auditing firm Source Hat, ensuring safety and reliability.

In addition, Rebel Satoshi ($RBLZ) is a community-driven ecosystem. Investors aren’t just buying tokens; they’re gaining access to a vibrant community of like-minded individuals dedicated to driving innovation and growth.

Conclusion

As the Rebel Satoshi presale countdown continues, excitement mounts among investors. With a limited supply of $RBLZ tokens available, the opportunity to get in on the ground floor is not to be missed. Whether you’re a seasoned investor or a newcomer to the world of cryptocurrencies, Rebel Satoshi offers a chance to be part of something groundbreaking.

With Rebel Satoshi built on the Ethereum network, one of the most secured blockchains in the crypto space, it remains the best cryptocurrency investment to consider at this moment in time. Don’t miss out on your chance to join the Rebel Satoshi revolution and discover what crypto to buy for your portfolio.

For the latest updates and more information about Rebel Satoshi, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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Amid declining interest in Shiba Inu and Dogecoin, NuggetRush’s presale sparks investor frenzy

Top Shiba Inu (SHIB) addresses have accumulated more coins over the past two months, with holdings increasing from 493.42 trillion to 497.11 trillion by February 7, 2024.
Dogecoin (DOGE) experiences a surprising surge in adoption as over 890,000 new wallets are created in the first week of February 2024.
NuggetRush (NUGX) is an NFT gaming platform on the Ethereum blockchain, combining gold mining, crypto, and artisanal mining experiences for gamers worldwide. 

The cryptocurrency market keeps evolving, and three notable players have recently captivated the attention of investors and enthusiasts. Shiba Inu (SHIB), Dogecoin (DOGE), and NuggetRush (NUGX) each bring unique narratives and developments that shed light on the diverse and dynamic nature of the crypto space. 

Amid the dropping interest in Dogecoin and Shiba Inu, here is why NuggetRush is causing a buzz in the market.

SHIB whales’ strategic accumulation and Shibarium Network advancements

On February 7, 2024, reports emerged that top non-exchange Shiba Inu (SHIB) addresses accumulated lots of coins in the past two months. Santiment’s on-chain data and crypto news highlighted that Shiba Inu (SHIB) supply held by these addresses was 493.42 trillion on December 14, 2023.

By February 7, an analysis of the metric showed that it had increased to 497.11 trillion Shiba Inu (SHIB) tokens. The increased holding indicated that these top Shiba Inu whales were not bothered about SHIB’s near-term volatility. Instead, the whales seem focused on the long-term tokenomics of the meme coin.

Interestingly, the amount of Shiba Inu (SHIB) available on exchanges has reduced, which means minimal selling pressure in the current bullish momentum. The hodlers are not selling their tokens.

Elsewhere, Shiba Inu’s (SHIB) team announced a notable development in the Shibarium network through a partnership with K9 Finance. The partnership aims to launch Liquid Staking Derivatives (LSD) to boost flexibility and liquidity for BONE token users.

On February 8, Shiba Inu (SHIB) was trading at $0.000009099, up 2.54% in the past week. Experts say Shiba Inu (SHIB) will rise to $0.000009185 by the end of February, powered by developments on its network.

Dogecoin (DOGE) records 890,000 new wallets

Dogecoin’s (DOGE) adoption trend surprised the crypto space after the number of new wallets created on the platform exploded. In the first week of February 2024, new Dogecoin wallet creations gained investors’ attention, with over 890,000 new DOGE wallets added. This time around, it seems a new Dogecoin (DOGE) metric is taking centre stage.

In a recent report, Santiment highlighted the rapid growth in one Dogecoin metric where the number of new non-zero DOGE addresses is increasing rapidly. Interestingly, the rapid surge in the adoption of Dogecoin happened when DOGE’s price was struggling to hold up in the market.

The rise in Dogecoin adoption did not have an automatic positive effect on the price of DOGE. That means there was no increased demand among the investors. The new DOGE wallets were likely created by existing users looking to benefit from the new DRC-20 token standard on the network.

On February 8, Dogecoin (DOGE) was trading at $0.07998, up 1.29% in the past week. Experts believe Dogecoin (DOGE) will rise to $0.08255 by the end of the month, underpinned by an increased adoption rate.

NuggetRush (NUGX) revolutionizing gaming with NFTs

NuggetRush (NUGX) is an NFT gaming platform well-designed with a blend of gold mining, crypto, and artisanal mining experiences to create a thrilling adventure. The project runs on the Ethereum blockchain, making it secure, transparent, and accessible to gamers worldwide.

For gamers seeking investment opportunities to earn valuable in-game assets and make a notable impact by supporting artisanal miners in undeveloped countries, NuggetRush (NUGX) is a great option. Interestingly, NuggetRush has cool NFT characters that are collectible, helping increase the value and depth of its gameplay.

Notably, NuggetRush (NUGX) is designed with a supply of 500 million tokens, a significantly low amount for a meme coin. Experts say its meme tokenomics concept will guarantee its value will keep increasing after it is listed on mainstream exchanges.

NUGX is the governance token for NuggetRush’s ecosystem, enabling investors to influence the project’s development and fostering a decentralized, community-owned initiative.

Hence, NuggetRush (NUGX) is a crypto project striving to restructure how community involvement and gaming interact.

NuggetRush (NUGX) is currently in round 5 of its presale, valued at $0.018 per token. Impressively, NuggetRush has had a great presale experience, selling over 173 million NUGX tokens and raising over $2.1 million. 

NUGX is scheduled to list on mainstream exchanges at the end of round 5 of the presale, valued at $0.020. Its growth potential after launch sparked an investor frenzy, making it the best crypto investment in 2024.

For more information about NuggetRush, visit NuggetRush Presale Website.

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Crypto.com launches uncapped 1% deposit bonus for Prime users

Crypto.com says the campaign targets high net worth traders and will offer an uncapped 1% deposit bonus on eligible tokens and fiat currency.
The campaign period is from February 8, 2024 to April 7, 2024.
Crypto.com Prime membership is currently invite-only.

Crypto.com has introduced a launch campaign offering exclusive privileges for high net worth traders opting into the crypto exchange’s recently introduced Crypto.com Prime programme.

According to Crypto.com, high net worth traders opting into Prime will also enjoy near-zero trading fees and benefit from the exchange’s $1 million account protection.

Prime also offers access to institutional-grade trading tools, a dedicated relationship manager and bespoke inheritance and tax services.

The programme is currently invite-only and runs from February 8, 2024 to April 7, 2024. To participate, high net worth traders will have to activate their Prime membership after receiving an invitation.

Crypto.com Prime users eligible for 1% deposit bonus

During this period, eligible deposits will receive an uncapped 1% bonus – applicable to eligible tokens and fiat currency. For instance, a user who activates their Prime membership with a deposit of $500,000 in eligible tokens and $400,000 in fiat during the campaign period will get a 1% deposit bonus of $9,000.

All bonuses received during the campaign will be paid in the native CRO token

However, customers should note that the bonus is subject to a 24-month lock up from the end of the campaign period. Crypto.com also says deposit amounts will be subject to a pro-rata rate, with this based on the account’s AUM during the said lockup period.

For eligible tokens, Crypto.com has listed BTC, ETH, CRO, USDT, USDC, PYUSD, XRP, SOL, ADA, AVAX, DOT, MATIC, DOGE, and OP. The eligible fiat currencies are USD and EUR.

Crypto.com says the Prime offer is “strictly optional.” Participation is but will be open to Crypto.com App users who have completed all onboarding procedures, including KYC identification. The exchange details how to become a Prime member on its website.

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