Altcoins
DASH AND MONERO RALLY WHILE IOTA IS PEAKING NOVEMBER 23 TECH ANALYSIS
As perfect BTC alternatives, DASH and Monero are rallying perhaps benefiting from capital injection.
Alt coin Monero is actually trending above August highs of $153. If bulls push harder, buyers looks likely to jump in.
In the meantime, IOTA is peaking and USD bulls are driving prices lower with first targets at $0.732.
Let’s look at the charts:
TODAY FOCUS: DASH AND MONERO RALLY
ALT COIN DASH BULLISH BUT STRONG RESISTANCE EXPECTED AT $582
One thing is clear, DASH bulls are in charge. As a result, it is safe to say that every dip is a buy opportunity.
Because of that, we shall shift our support lines to November 12 and 18 highs of $540 and $486 respectively. At the moment though, bullish momentum is strong because of that band divergence and of course the bullish stochastic signal.
We already have a bearish candlestick dropping from yesterday’s highs of $582. If there is a follow through, then we wait for a retest of $540 support line.
However, if not, $670 is the next bull target especially if November 22 highs is cleared.
MONERO BULLS DRIVE PRICES ABOVE AUGUST HIGHS OF $153
Bull momentum is strong and as it now, August highs of $153 has been cleared. Because of the general bullish momentum in the weekly chart, traders were taking long positions only. Bull projection will be null after Monero prices trickle down strongly from recent highs and below $153.
Currently, that has not been then case and if Monero bulls prevents depreciation below $153, then that should be bullish going forward.
However, any dip towards the 20 period MA or the support trend line with complementing stochastic buys present a wonderful opportunity to go long.
How other alt coins are performingALT COIN IOTA PEAKING, USD BULLS TARGETING $0.732
IOTA appreciation has been spectacular and profitable. Investors are up 300% from their initial investment of $0.25 but now, prices are cooling down.
We had that bearish divergence which hinted of a possible slow down on November 20 that’s when price action close above $0.90 resistance line and tested $0.98.
From there on, IOTA is crumbling as we can see. USD bulls are now below the 20 period MA with a stochastic sell signal.
After close of this candlestick and if prices remain below the 20 period MA, sellers should ramp up their position while aiming at November 21 lows of $0.732.
$34 SUPPORT REBUFF USD BULLS
For NEO bears to proceed, they must close below $34 support. It didn’t happen yesterday and in fact prices bounced back with a stochastic buy signal.
Traders should be trading this as a bullish break out after that strong candlestick on November 17 and a retest of resistance now support trend line of November 22.
In light of this, NEO bulls should initiate long positions with stop losses below $34 and aim for immediate resistance at $45.
$0.22 REMAINS A RELEVANT RESISTANCE LINE FOR NEM BULLS
Even if the general trend in the weekly chart is bullish, it has not been the same in the 4HR chart thus far.
From the charts, NEM prices is oscillating within a $0.04 range since early October safe for that dip and a bull break out in the first two weeks of November.
For now, we wait until a stochastic buy signal is shows probably at main support zone at around $0.18.
Because of that break below the 20 period MA, USD bulls should sell with a stop loss just above $0.209.
All charts courtesy of Trading View
Altcoins
Invest in your travel experience and more with DeTrip
DeTrip Network is reshaping the travel industry by introducing a Web3 platform tailored for crypto enthusiasts. Imagine platforms like Booking, Trip, Expedia, or Hotels—but with a crypto-friendly twist. DeTrip currently offers access to over 2.5 million hotels worldwide and accepts payments in more than 160 cryptocurrencies, including BTC, ETH, USDT, and USDC. For those who prefer traditional methods, it also supports over 16 fiat payment options like Visa, Mastercard, Alipay, WeChat Pay, Apple Pay, and Google Pay.
Price-conscious travelers will be pleased to find that DeTrip often provides significant savings compared to major booking platforms. In many European cities, DeTrip’s hotel prices are generally 10-25% cheaper, frequently outperforming competitors like Booking.
Earning While Booking
What sets DeTrip apart is its generous cashback program. The platform offers up to 5% cashback on any booking made through its service. For instance, if you book a three-night stay in Amsterdam for €500, you’ll receive €25 worth of cryptocurrency as a reward. These cashback rewards are distributed in stablecoins like USDC, the MoFi token, and other tokens from premium partners.
The flexibility doesn’t end there. Travelers can use these tokens to pay for future bookings, offering more versatility than traditional hotel loyalty points. Unlike conventional point systems that lock you into a specific platform or hotel chain, DeTrip’s crypto rewards can be traded on secondary markets or held as an investment, potentially increasing in value over time.
A Glimpse into the Future
The DeTrip team has hinted at exciting developments on the horizon, including but not limit to anonymous booking, hotel listing feature, P2P payment etc. Originating from the MobiFi project, they currently utilize the $MoFi token as part of their rewards system. However, plans are underway to introduce a new token designed to better fit their expanding ecosystem. Unverified sources suggest that this new token will not only enhance the value of the current $MoFi token—allowing for a 1:1 swap for existing users—but also create broader utility within the travel industry.
Accolades and Recognition
DeTrip’s innovative approach hasn’t gone unnoticed. The team recently received two prestigious awards at the ETHGlobal Hackathon in Brussels: the Best ZK dApp from Polygon and the Most Creative Use Case from Worldcoin for their unique anonymous booking solution.
Conclusion
Traveling doesn’t have to drain your finances anymore. With DeTrip, you can explore the world while earning crypto assets, turning your travel expenses into potential investments. As the platform continues to evolve, it stands poised to offer even more value to travelers worldwide.
About DeTrip
Web3 Travel platform that maximizes your wallet value
Website: https://detrip.network
X (twitter): https://x.com/DeTrip_Network
Telegram: htttps://t.me/detrip_network
LinkedIn: https://www.linkedin.com/company/detrip/
Altcoins
Elixir Games Announces $KIDEN IDO Launch for Third Person Adventure Shooter RoboKiden
Elixir Games today announced the Initial DEX Offering (IDO) for $KIDEN, the official token of the RoboKiden ecosystem. The IDO is set to launch on September 30th, 2024, offering players and fans an opportunity to participate in the game’s economy and enhance their gaming experience.
RoboKiden is an innovative blockchain-based game where $KIDEN serves as the core token and in-game currency. Players use $KIDEN to purchase lootboxes containing NFTs of varying rarities, which can be used in battles to earn more $KIDEN as rewards.
“The $KIDEN token empowers RoboKiden players to fully engage with our Web3 ecosystem, enhancing gameplay and rewards, including unique assets that change the gameplay experience,” said Carlos Roldan, CEO and founder of Elixir Games. “This IDO is a pivotal step in our commitment to innovative, player-driven gaming experiences.”
As the lifeblood of the RoboKiden ecosystem, $KIDEN empowers players to access various in-game features, acquire NFTs from the marketplace, and enhance their gaming experience. This symbiotic relationship between the game and its token offers players strategic depth, exciting progression opportunities, and the ability to build valuable, dynamic asset collections, enriching the overall gameplay.
Key features of $KIDEN include:
- In-game Progression: Upgrade weapons, skills, and bots, and unlock new capabilities like emotes, kill bands, and more.
- Earn Free NFTs: Complete daily quests and advance through the season pass to earn $KIDEN and unique skins.
- NFT Store: Purchase NFTs directly from the in-game store, equip them, and use assets to farm $KIDEN while playing.
- Deflationary Mechanism: In every game, 2.5% of the $KIDEN tokens in circulation are burned, helping to maintain a balanced token economy.
IDO Participation Details
To participate in the $KIDEN IDO, users will need to hold a role within Elixir Games. Each role provides different levels of access and benefits within the Elixir Games platform. The IDO will be conducted in multiple rounds:
- Tier Holders Round: 300,000 USD available for allocation, guaranteed for verified accounts with minimum staking tier
- NFT Holders Round: For Elixir Flask NFT Holders, with minimum participation and maximum allocation
- Tier Holders FCFS Round: If tokens remain, allocations multiplied by a factor (usually x3 or x5)
- Public Round: Open to all users with approved Elixir account and KYC
To participate in the IDO, users need to create an Elixir account and complete the KYC process.
For more information about the $KIDEN IDO and to participate, visit https://elixir.games/launchpad/kiden.
About Elixir Games:
Elixir Games stands at the forefront of the game distribution industry, with a strong focus on developing Web3 gaming infrastructure. Committed to innovation and excellence, Elixir Games has emerged as a leader in the gaming sector, consistently prioritizing player-centric experiences.
Altcoins
Web3 Social Phaver Launches $SOCIAL Token to Power the Creator Economy of the future
Phaver, the leading multi-protocol Social app on Lens Protocol and Farcaster, has announced the much-anticipated launch of its token Phavercoin, carrying the easy-to-understand ticker $SOCIAL. With over half a million users, Phaver is the first mature app in the ecosystem to launch a native token. Premarket is now live on Aevo, with spot listings across exchanges next week.
Phaver’s native token $SOCIAL is designed to capture and redistribute value in a meritocratic manner to those who actually create it, the users. Phaver envisions a future where creators can natively monetize, and users are both owners and beneficiaries of their valuable social graph.
To combat the swarm of bots and multi-account farmers that often plague crypto projects and social apps alike – Phaver has validated all the Airdrop recipients based on a privacy-safe facial scan or the credibility of their wallet content, resulting in an audience of genuine users. And while the early adopters receive a 4% Phairdrop on Base during the TGE, an additional 25% of the token reserved for monthly Points-to-Tokens redemptions, ensuring both early users and newcomers remain engaged and fairly rewarded for their contributions.
Social media is one of the few clear value exchanges in the internet world: Creators, curators, and moderators create value for the audience, and the audience’s attention and admiration are also valuable. This means that, unlike many x-to-earn models, it’s actually possible to create a long-term sustainable token economy in SocialFi, which rewards those creating value and monetizes attention, premium content, and the desire for additional visibility or premium features in a way that can scale and prosper without the “ponzinomics” still prevalent in crypto, said Joonatan Lintala, CEO and co-founder of Phaver.
The $SOCIAL token will be tradeable on multiple exchanges such as Bybit, starting September 24th, with multiple launchpool opportunities to earn additional tokens. Phaver has also launched its second NFT collection, the Cred Passes, which are mintable on OpenSea until TGE, providing the most efficient way to reach and hold higher Levels on Phaver, unlocking more tokens in the monthly redemptions for next month and onwards.
Phaver’s unique approach to social media combines the best parts of Decentralised Social (DeSoc) and SocialFi. Phaver’s Supergraph enables free and seamless posting on both Lens and Farcaster, which, as decentralised protocols, help users to back up their social graph and content in places where they own it, ensuring they are never at the mercy of individuals, companies, or governments deleting their accounts. SocialFi, in turn, offers a novel way to gamify the experience,making it faster and easier to grow an audience, while fairly rewarding the best contributors with real value, not just exposure or Karma.
After building the DeSoc features and becoming the largest app on Lens and the largest 3rd party app on Farcaster, Phaver is doubling down on SocialFi following the token launch. Soon, users will enjoy gasless experiences using $SOCIAL inside the mobile app, featuring a built-in wallet for use cases such as tipping, gated content, gamified boosts, and item collection. Near-future updates also include a Web3-era ads model in partnership with Spindl, where users opt-in, get rewarded with Points, and can get a revenue share from sharing the Frames-based ads to their followers, privacy-safe wallet-based targeting and no invasive tracking. Furthermore, Phaver Perks will unlock numerous partner benefits from airdrops to discounts to Phaver’s validated users.
Phaver will also continue expanding the collection of native utility NFTs, which play a key role in the ecosystem and offer users ways to not only pay service fees, but also own and trade tangible assets that provide the same benefits.
Altcoins
YouHodler Expands Web3 Fintech Innovation with the Launch of Native Utility Token $YHDL
YouHodler, a Swiss and EU-based Web3 fintech platform, is excited to announce the upcoming launch of its native utility token, $YHDL. Set to transform the YouHodler ecosystem, $YHDL will provide users exclusive rewards, reduced trading fees, and an enhanced experience across the platform.
The launch of $YHDL marks another milestone in YouHodler’s mission to bridge Web3 and traditional finance for all. Starting now, users in eligible countries can participate in the Airdrop campaign to earn $YHDL tokens by completing various tasks. By the end of 2024, $YHDL will be publicly listed on multiple online crypto exchanges.
Key Features of the $YHDL Token
- Higher APYs: Starting as early as Q4 of 2024, $YHDL token holders will be able to obtain high APY on the $YHDL token depending on their loyalty level.
- BTC Mining: Users can exchange their $YHDL tokens for Sparks (in-app points) and use them to mine BTC in YouHodler’s flagship BTC Cloud Miner.
- Future Perks: Moving forward, referral payouts will also be available in $YHDL tokens, along with a cashback feature for YouHodler’s upcoming Debit Card.
Airdrop Campaign
Starting now, users can complete tasks on platforms such as Zealy to earn a hefty token airdrop.
“The launch of $YHDL underscores our commitment to creating a Web3 financial ecosystem that’s accessible to everyone,” said Ilya Volkov, CEO and co-founder of YouHodler. “With $YHDL, we are not only providing exclusive rewards and innovative features for our community, but also shaping the future of Web3 finance for all.”
The official Token Generation Event (TGE) for $YHDL will take place following the completion of the Airdrop campaign.
About YouHodler
YouHodler is a Swiss and EU-based Web3 platform providing innovative fintech solutions that bridge fiat and crypto financial services with simplicity, efficiency, and transparency. Its comprehensive suite of offerings includes crypto-backed loans, crypto reward accounts, innovative crypto multiplication engines, and universal currency exchange. While user-friendly and intuitive for everyday consumers, the full-service platform is also progressive enough to conduct advanced strategic trading in the crypto market.
Altcoins
Harbour Investment Partners Introduces Tax-Efficient Investment Strategies for High Net Worth Individuals
Harbour Investment Partners is excited to announce the launch of its tax-efficient investment strategies, specifically tailored to high-net-worth individuals (HNWIs) and families. These personalized solutions are designed to help affluent clients reduce tax liabilities while maximizing investment returns, ensuring long-term financial growth and security.
With an ever-changing tax landscape, high-net-worth clients face unique challenges when it comes to managing their wealth. Harbour Investment Partners understands that minimizing tax burdens is just as critical as growing assets. The firm’s tax-efficient investment strategies are crafted to optimize returns, leveraging tax laws and structures in ways that are both compliant and beneficial for clients.
Tailored Tax Strategies for Optimal Financial Outcomes
Harbour Investment Partners prides itself on delivering bespoke investment solutions that go beyond standard financial advice. For high-net-worth individuals, who often have complex portfolios, multiple income streams, and significant tax liabilities, a tailored approach is essential. The firm’s comprehensive wealth management services integrate tax planning directly into investment strategies, helping clients retain more of their wealth.
“We believe that tax efficiency is a key pillar of any successful investment strategy,” said the CEO of Harbour Investment Partners. “Our goal is to ensure that our clients not only achieve strong investment returns but also keep as much of those returns as possible by minimizing unnecessary tax exposure. By creating customized, tax-efficient strategies, we help clients secure their financial future.”
Several Harbour Investment Partners reviews highlight the firm’s expertise in this area, with clients noting how effectively their tax strategies have been managed to optimize returns.
Harbour Investment Partners offers a range of services to support tax-efficient investing, including:
- Tax-Loss Harvesting: A strategy that involves selling underperforming assets to offset gains and reduce taxable income.
- Utilizing Tax-Advantaged Accounts: Maximizing the use of tax-deferred or tax-exempt accounts, such as superannuation funds and other vehicles, to shield investment growth from taxes.
- Structuring Investments for Lower Tax Brackets: Ensuring that income-producing assets are held in the most tax-advantaged structures to reduce tax burdens.
- Capital Gains Optimization: Strategic management of asset sales to lower or defer capital gains taxes.
- Estate and Gift Tax Planning: Designing tax-efficient strategies for transferring wealth to future generations while minimizing estate and gift taxes.
How Harbour Investment Partners Reduces Tax Liabilities
The tax landscape can be particularly complex for high-net-worth individuals, who often face higher tax rates and multiple layers of taxation. Harbour Investment Partners works closely with clients to analyze their entire financial situation, identifying areas where tax liabilities can be minimized through intelligent investment structuring.
Many Harbour Investment Partners reviews from clients across Australia reflect the firm’s ability to navigate the country’s tax system effectively. John Thompson, a client from Brisbane, noted, “Harbour Investment Partners has done a remarkable job reducing my tax burdens while still delivering strong returns on my investments. Their approach is thoughtful, and they always find new ways to optimize my portfolio.”
Another client, Sarah Morgan from Sydney, shared, “I’ve worked with several wealth management firms, but Harbour Investment Partners stands out in terms of their tax strategy. They’ve helped me create a more efficient investment portfolio, and I’m keeping significantly more of my returns.”
The firm’s personalized approach is one of its key strengths. By understanding each client’s financial landscape and long-term goals, Harbour Investment Partners can develop tax-efficient strategies that are specifically tailored to individual needs. This process involves close collaboration, ensuring that the client is always aware of how their investments are structured and the tax implications of each decision.
Harbour’s Proactive Approach to Tax Efficiency
Tax laws and regulations are constantly changing, and Harbour Investment Partners takes a proactive approach to ensure that their clients’ tax strategies are always up to date. The firm regularly reviews each client’s financial plan, adjusting strategies to account for new tax regulations or changes in the client’s financial situation.
“Our proactive approach ensures that our clients are always one step ahead when it comes to tax planning,” said the CEO. “We monitor legislative changes closely and adjust strategies as needed to maintain tax efficiency while still focusing on growth and asset protection.”
Several Harbour Investment Partners reviews emphasize the firm’s diligence in keeping clients informed and their strategies aligned with current tax laws. David White from Melbourne said, “The team at Harbour Investment Partners constantly reviews my portfolio, ensuring that I’m compliant with the latest tax laws while still minimizing my tax liabilities. Their expertise has saved me a significant amount over the years.”
A Focus on Long-Term Wealth Preservation
While minimizing tax burdens is critical, Harbour Investment Partners also ensures that their strategies are aligned with long-term wealth preservation goals. By focusing on the big picture, the firm helps clients achieve financial stability not just for today, but for future generations. The integration of tax planning into investment management provides a holistic approach to wealth building.
“Our clients trust us to deliver strategies that protect and grow their wealth over time,” said the CEO. “By combining tax efficiency with intelligent investment management, we’re able to provide solutions that ensure long-term financial success.”
High-net-worth individuals and families seeking to reduce their tax liabilities and maximize their investment returns are encouraged to explore Harbour Investment Partners’ tax-efficient investment strategies. A personalized consultation will provide insight into how the firm’s tailored solutions can benefit individual financial situations.
Altcoins
Degentralized Funancial – DEGFun Revolutionizes Microcap Trading with Groundbreaking DEX Framework
In the realm of decentralized finance (DeFi), innovation is key to driving the industry forward. With the emergence of DEGFun, a new wave of revolution is sweeping through the world of microcap trading. DEGFun represents a significant shift from traditional decentralized exchange (DEX) models, offering a fresh framework for financial transactions that prioritizes transparency, accessibility, and empowerment.
One of the standout features of DEGFun is its innovative approach to token launches. Through mechanisms like initial DEX offerings (IDOs) and liquidity pools, DEGFun provides a platform for projects to raise capital while offering early investors unique opportunities to engage with emerging tokens. This democratized investment model not only opens doors for a diverse range of projects but also enriches the DeFi space with cutting-edge solutions.
The $DEGFUN token lies at the heart of the DEGFun ecosystem, designed with a deflationary mechanism that bolsters its value and sustainability. A 5% fee structure on all trading activities plays a crucial role in driving the economic model forward, incentivizing active participation while creating a circular economy within the platform.
Joining the Movement
Engaging with DEGFun is not just an opportunity; it’s a call to action for anyone interested in the future of decentralized finance (DeFi). As the DeFi revolution continues to gain momentum, DEGFun provides a unique platform for individuals to contribute, collaborate, and benefit from the transformative changes happening in the financial landscape. Whether you are an investor, developer, or simply an enthusiast of blockchain technology, there are numerous ways to get involved.
For developers, DEGFun invites you to utilize its token launcher and liquidity management tools. By creating and launching your own tokens, you can contribute innovative projects that enhance the DeFi landscape. This is a chance to make a tangible impact while leveraging the platform’s robust infrastructure.
Investors can participate in initial DEX offerings (IDOs) and liquidity pools, allowing them to support new projects while earning rewards. By actively participating, you can help shape the future of finance while potentially reaping financial benefits.
In essence, joining Degentralized Funancial is about being part of a community that is pioneering a new paradigm in finance. Visit our website and join our Telegram channel to take your first steps towards contributing to this exciting movement.
About DEGFun
DEGFun is a decentralized platform revolutionizing microcap trading with innovative token launch models. It offers a unique framework for financial transactions, focusing on transparency, accessibility, and empowerment. Through mechanisms like initial DEX offerings (IDOs) and liquidity pools, DEGFun enables projects to raise capital and provides early investors with opportunities to engage with emerging tokens. At the core of its ecosystem lies the $DEGFUN token, featuring a deflationary mechanism that sustains its value and incentivizes participation.
For more information visit the Website: https://degentralized.fun/
SOCIALS :
Dapps: app.degentralized.fun
TG: t.me/DEGFun
X: x.com/DEGFunETH
Website: https://degentralized.fun/
Altcoins
Introducing Cookpad: Your Recipe for Effortless Crypto Project Creation
Cookpad is your gateway to building and launching successful crypto projects with ease. Whether you’re a seasoned developer or just starting out, our platform provides a comprehensive suite of services designed to streamline every step of your crypto journey.
From our Token Launch Platform, which simplifies the creation and deployment of your token, to our Liquidity Provider Service that ensures smooth market operations, Cookpad equips you with everything you need. Additionally, our Web3 Developing Service opens the door to cutting-edge decentralized application development, helping you bring your vision to life.
With Cookpad, the complexity of launching a crypto project becomes a thing of the past. We empower creators to innovate without boundaries.
Cookpad: Crafting the Future of Crypto Development
In the rapidly evolving world of blockchain technology, launching a crypto project can be a complex and daunting task, often requiring significant technical knowledge, resources, and time. Many innovative ideas remain unrealized due to the challenges of navigating the blockchain space.
Cookpad was born out of a need to simplify this journey and make blockchain accessible to everyone, from developers to entrepreneurs, without sacrificing the core principles of decentralization, security, and innovation.
At the heart of Cookpad is the belief that blockchain technology should be empowering. Our mission is to remove the technical and financial barriers that often prevent projects from reaching their potential. Cookpad brings all the essential tools together under one platform, making it easy for anyone to turn their crypto ideas into reality.
Through our Token Launch Platform, we offer a frictionless path to creating, launching, and managing tokens. Whether you’re building a new cryptocurrency or creating utility tokens for your platform, we provide the infrastructure to make it happen effortlessly.
Our Liquidity Provider Service ensures that once your token is launched, it can seamlessly integrate into the market with the liquidity necessary for smooth transactions and market confidence. Cookpad helps projects avoid the pitfalls of illiquidity, giving them a strong start and ongoing support in the crypto ecosystem.
Lastly, our Web3 Developing Service empowers users to venture into the decentralized future by creating dApps (decentralized applications) and leveraging the full potential of blockchain technology. With Cookpad’s tools and expertise, developers can focus on innovation while we handle the complexities of Web3 infrastructure.
Cookpad’s vision is to democratize crypto project development and unlock a new wave of decentralized applications and tokens. By providing a streamlined platform for token creation, liquidity, and Web3 development, Cookpad makes it easier for innovators, developers, and entrepreneurs to thrive in the blockchain space.
SOCIALS:
Website: https://cookpad.finance
X: https://x.com/cookpadfinance
TG: https://t.me/cookpadfinance
Github: https://github.com/CookpadLabs
Document : https://docs.cookpad.finance/
Altcoins
Gains Network Commits 15% Revenue Share of NEIRO/USD Pair to NEIRO Foundation
Dogecoin sister token NEIRO has announced a groundbreaking partnership with DeFi ecosystem Gains Network. In a first-of-its-kind initiative, all volume for $NEIRO on gTrade will see a 15% revenue share to be distributed to the recently launched NEIRO Foundation.
The move will ensure a sustainable financing pipeline for the NEIRO Foundation, which is a collective effort to fund Shiba Inu rescue and wellbeing efforts across the world. Whether it’s rescuing abandoned dogs, providing medical care, or promoting responsible adoption, the NEIRO Foundation has a clear mandate to make a lasting impact on Shiba Inu welfare. Following today’s partnership announcement, for every $10 million of notional volume, $1,200 of revenue will be distributed to the NEIRO Foundation, which will be allocated to provide essential resources and financial support to dog shelters, rescue groups, and initiatives that work tirelessly to improve the lives of Shiba Inus in need.
The announcement gives expression to the far-reaching potential for DeFi to drive philanthropy, demonstrating how blockchain-based platforms can seamlessly integrate social responsibility while expanding their user base.
At the heart of the NEIRO Foundation is a commitment to ensuring every Shiba Inu receives the love, care, and support they deserve, ensuring that the breed that was catapulted to global renown during the peak of the SHIBA and DOGE craze in 2021 is cared for and protected, regardless of the wider crypto market trajectory. Through educational content, community outreach, and advocacy, the NEIRO Foundation aims to inspire more people to get involved in Shiba Inu welfare, from adopting dogs to supporting local shelters.
NEIRO continues to attract a passionate community of dog lovers, philanthropists, and crypto enthusiasts alike who share a vision of improving the lives of Shiba Inus everywhere. With over 22,000 holders and counting, the success of NEIRO is a testament to the growing demand for socially-conscious investments in the crypto space. The project has already announced a $100,000 target initiative to support Shiba Inu rescue efforts globally, driven by a philanthropic spirit to honor Kabosu’s legacy and make a meaningful impact on the future of Shiba Inus worldwide.
Commencing on the announcement, SlumDOGE Millionaire, spokesperson for NEIRO said: “We’re seeing a growing trend of Web3 companies taking progressive steps to enact tangible CSR initiatives as a force for good. This amazing initiative between Gains Network and the NEIRO Foundation encourages traders to participate, knowing their transactions contribute to a great cause, creating a positive cycle of engagement. Sincere thanks to Gains Network for supporting our vision to improve the welfare of Shiba Inus worldwide.”
To learn more, visit: https://www.neirocharity.org/
About NEIRO
NEIRO is a community-driven cryptocurrency on the Ethereum blockchain, inspired by the legacy of Kabosu, the Shiba Inu behind Dogecoin. With a focus on philanthropy and a vision of global impact, NEIRO is dedicated to supporting Shiba Inu rescue efforts and creating a purpose-driven narrative within the crypto space.
Altcoins
Core Foundation Announces LstBTC, a Liquid Staking Token on the Core Blockchain
The Core Foundation, a group dedicated to sponsoring ecosystem development on Core’s Bitcoin-powered blockchain, has announced LstBTC, an ERC-20 liquid staking token pegged 1:1 with Bitcoin (BTC). This innovation enables BTC holders to earn daily rewards in CORE tokens while maintaining the liquidity of their Bitcoin—a solution to the longstanding challenge of choosing between staking and liquidity in the DeFi space.
Addressing the Liquidity Challenge
For Bitcoin holders, the choice between staking their assets for rewards and keeping them liquid for DeFi participation has always been a difficult one. Traditional BTC staking often requires locking up assets, making them unavailable for other uses. LstBTC eliminates this trade-off by preserving Bitcoin’s value while offering the benefits of staking. Holders can now keep their BTC liquid and participate fully in the evolving BTCfi ecosystem.
How LstBTC Works
Each LstBTC token is fully pegged to one BTC, ensuring that its value remains stable. Unlike standard staking, LstBTC allows holders to retain full liquidity, meaning their Bitcoin can still be used for lending, transferring and swapping like any other ERC-20 token. This flexibility is a game-changer for those who want to maximize their returns without compromising their ability to engage in DeFi activities.
Enhanced Security with Multisig Setup
LstBTC is issued on the Core blockchain and features a Multisig setup on the Bitcoin network. While this requires a slight increase in trust, the Multisig setup is managed by reputable entities, a practice widely adopted in many established protocols. The Multisig wallets undergo rigorous security audits, ensuring that users’ assets are well-protected, while still allowing them to benefit from the liquidity and rewards offered by LstBTC.
Expanding the BTCfi Ecosystem
LstBTC will further expand Core’s already comprehensive BTCfi ecosystem, which includes lending, borrowing, restaking, DEXs, perpetual futures, and NFT platforms. By bridging the gap between staking and liquidity, LstBTC offers BTC holders greater flexibility in managing their assets.
“Bitcoin holders have long faced a difficult choice between staking their assets and keeping them liquid for participation in the DeFi ecosystem,” said Rich Rines, Initial Contributor at Core. “LstBTC changes that by allowing users to earn staking rewards in Core while keeping their Bitcoin liquid and active in the ecosystem.”
A Solution That Meets Market Needs
LstBTC is designed for BTC holders who want to maintain their asset liquidity while still earning staking rewards. The Multisig wallet setup, backed by reputable entities and rigorous audits, ensures that security is not compromised, making LstBTC a reliable choice for those looking to engage more fully in the BTCfi ecosystem.
See more on LstBTC in this explainer video: https://youtu.be/ipyT_ih_G-g?si=nUs8HlMBct_J1Dbq. For more information about the Core Foundation and Core blockchain, please visit https://coredao.org.
About Core
Core serves as the Proof of Stake layer for Bitcoin as the first enabler of Non-Custodial Bitcoin Staking, which secures a fully EVM-compatible BTCfi ecosystem. Since April 2024, over 5,000 BTC valued at more than $300 million have been staked with Core, enhancing Bitcoin’s utility and security.
Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security. This breakthrough has amassed millions of Core adopters – over 20M unique addresses, 275M+ transactions, and over 295M TVL since its mainnet launch in January 2023.
Altcoins
UCFX Markets Announces New Initiative to Expand Client Access to Emerging Cryptocurrencies
UCFX Markets, a leading online trading platform, is excited to announce a significant expansion in its cryptocurrency offerings. This new initiative will provide clients with unprecedented access to a wider range of emerging cryptocurrencies, positioning UCFX Markets as a go-to platform for investors looking to capitalize on the latest trends in the rapidly evolving crypto market.
New Cryptocurrency Offerings on the Horizon
As part of this expansion, UCFX Markets Reviews highlight the introduction of a series of emerging cryptocurrencies to its trading platform. These new additions will include cutting-edge digital assets that are gaining traction in the global market, providing investors with opportunities to diversify their portfolios and explore high-growth potential coins. The decision to broaden the platform’s cryptocurrency offerings reflects UCFX Markets’ commitment to staying ahead of market trends and delivering innovative solutions to its clients.
Enhanced Tools for Crypto Traders
To support this new initiative, UCFX Markets Reviews emphasize the launch of advanced tools designed to help clients make informed investment decisions. These tools include real-time market data, comprehensive analysis, and expert insights tailored specifically for emerging cryptocurrencies. By equipping traders with these resources, UCFX Markets ensures that clients can navigate the complexities of the crypto market with confidence and precision.
Client Success Stories and Positive Feedback
The impact of UCFX Markets’ expanded offerings is already being felt by its clients. Numerous UCFX Markets Reviews highlight the platform’s strengths, including its user-friendly interface, broad market coverage, and the ability to stay ahead of trends in the cryptocurrency space. Clients have expressed appreciation for the platform’s focus on emerging cryptocurrencies, noting that it has enabled them to seize new opportunities and achieve significant returns on their investments.
Security Measures to Protect Client Investments
In conjunction with the introduction of new cryptocurrencies, UCFX Markets Reviews consistently praise the platform for its commitment to security and reliability. The platform has implemented state-of-the-art security protocols to safeguard client assets, ensuring that investors can trade with confidence. This focus on security is a cornerstone of UCFX Markets’ approach.
Conclusion: A Step Forward in Crypto Trading
With this new initiative, UCFX Markets is not only expanding its cryptocurrency offerings but also solidifying its position as a leader in the online trading industry. By providing clients with access to the latest emerging cryptocurrencies and the tools needed for success, UCFX Markets is helping investors expand their horizons and unlock new opportunities in the dynamic world of digital assets. The positive feedback found in UCFX Markets Reviews underscores the platform’s effectiveness in meeting the needs of modern investors.
For more information, visit https://ucfxmbot.com.
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