Connect with us

CryptoCurrency

Boba Network Integrates Nucleus to Expand Cross-Chain Functionality and Ecosystem Accessibility

Published

on

Boba Network Integrates Nucleus to Expand Cross-Chain Functionality and Ecosystem Accessibility

[PRESS RELEASE – San Francisco, United States, January 22nd, 2025]

Boba Network has announced the integration of Nucleus, a protocol designed for blockchain networks. This collaboration enables users bridging ETH, Liquidity Staking Tokens (LSTs), or Liquidity Reward Tokens (LRTs) to the Boba Network to engage with Ethereum mainnet functionalities while accessing various DeFi protocols, gaming platforms, and NFT marketplaces

The partnership aligns with Boba Network’s focus on scalability and user-focused development. The integration of Nucleus expands Boba Network’s ecosystem offerings, highlighting advancements in cross-chain functionality and composable infrastructure.

Enhancing Results Through Cohesion

Advertisement
  1. ETH, LSTs, or LRTs bridged to Boba Network are integrated into the network’s system, facilitating seamless interaction with decentralized applications. This approach aims to optimize user engagement without additional complexity.
  2. This version removes promotional language and references to financial benefits, focusing solely on functionality.
  3. Frictionless Cross-Chain Operations
  4. Secure interchain messaging protocols connect Ethereum Mainnet and Boba Network, enabling efficient yield aggregation. The flow of assets and rewards benefits from streamlined coordination between chains.
  5. Composable Infrastructure
  6. Smart contracts empower cross-chain deposits, withdrawals, and liquidity management. This allows developers to build robust decentralized applications that incorporate Nucleus’s functionality without added complexity.

Boba Network as a Foundation for Innovation

Boba Network’s advanced capabilities support Nucleus’s goal of integrating core functionalities into blockchain ecosystems.

  • HybridCompute™
  • Off-chain data computation at scale lowers costs and boosts performance for yield-bearing protocols.
  • Account Abstraction
  • Simplified user interactions reduce onboarding barriers and enhance overall accessibility.
  • Low Transaction Costs
  • Lower fees support high-volume user participation and provide a cost-effective environment for dApp developers.

This synergy bolsters ecosystem capabilities, drives the adoption of decentralized technology, and sets the stage for new market opportunities.

Aligning with Nucleus’s Mission

By deploying on Boba Network, Nucleus aims to integrate core functionality across multiple crypto networks. This approach supports ecosystem participation by leveraging Boba Network’s features, including speed, cost-efficiency, and access to a range of decentralized applications.

What the Integration Brings

Advertisement
  • For Users: Convenient access to a variety of applications within the Boba Network ecosystem.
  • For Developers: Tools and resources for integrating advanced features into decentralized applications to support innovative product development.
  • For Ecosystems: Increased network activity supported by integrated functionalities, contributing to the ongoing development of blockchain technology.

Setting a New Standard for Blockchain Networks

The collaboration between Nucleus and Boba Network aims to integrate advanced network functionalities as a core feature rather than an additional option. This integration seeks to enhance the accessibility and utility of blockchain technology, supporting broader adoption and facilitating advancements in decentralized finance and related fields.

Users can learn more about Nucleus on Boba Network and experience how this integration is redefining blockchain networks.

About Nucleus

Nucleus is a protocol designed to integrate core functionalities at the foundational layer of blockchain ecosystems. By streamlining cross-chain operations and providing developers with tools for integrating advanced features, Nucleus aims to enhance how users interact with Web3 technologies.

Advertisement

About Boba Network

Boba Network is a multichain Layer 2 solution designed for scalability, low transaction costs, and enhanced developer capabilities. Through innovations such as HybridCompute™ and account abstraction, Boba Network supports diverse dApps spanning DeFi, gaming, and NFTs, aiming to bring the next wave of users into the blockchain space.

Website: https://boba.network

Twitter: @bobanetwork

Advertisement

LinkedIn: https://www.linkedin.com/company/bobanetwork/

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

CryptoCurrency

Made in USA altcoins like XRP and Solana poised for growth under Trump’s shadow

Published

on

Presale investors to reap rewards

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Donald Trump’s return ignites a crypto bull run, with meme coin XYZ set for a 99,900% surge, surpassing past performers.

Advertisement

Trump’s inauguration sparks crypto surge: XYZ meme coin set for 99,900% growth

Donald Trump’s return to the political spotlight has sent shockwaves through the crypto market, paving the way for an unprecedented bull run. While established coins scrape by with modest gains, meme coins are stealing the limelight with jaw-dropping potential.

Recent performers like PNUT with its 4,500% climb and FRED’s 6,000% explosion have faded into memory, unable to sustain their momentum. But the crypto world thrives on evolution, and a new contender has entered the arena, ready to redefine profit potential. Meet XYZ, the meme coin phenomenon set to obliterate records with a meteoric 99,900% surge.

XYZ: The new king of meme coins

XYZ isn’t just another meme coin — it’s a game-changer for sports and crypto enthusiasts. Built for true competitors, XYZ is the ultimate token for those who live for the thrill of winning.

As Trump reshapes the market dynamics, XYZ steps into the ring as the coin for fearless investors. With its sports-driven identity and relentless growth, XYZ is here to dominate, leaving weaker tokens in the dust.

Advertisement

Presale gains signal monumental potential

The XYZ presale is already a roaring success:

  • Launch Price: $0.0001
  • Current Price: $0.002 (+2,000% increase)
  • Next Stage: $0.0025 (+25%)
  • Final Goal: $0.1

With a planned 99,900% growth trajectory, XYZ is destined to become the crown jewel of meme coins.

Why XYZ is different

Fueled by the competitive spirit of sports and a commitment to game-changing gains, XYZ offers investors a chance to ride the next crypto tidal wave. The token embodies strength, ambition, and the pursuit of excellence, making it the ideal asset for bold traders who thrive on action.

Don’t miss out

The XYZ presale is moving fast, with early adopters already seeing exponential returns. Secure your position now and be part of the next crypto success story.

XRP

Over the past six months, XRP has surged by 425.54%. In the last month alone, it grew by 43.19%, and this past week, it climbed another 18.19%. These impressive gains have placed XRP in a current price range between $2.39 and $3.46.

Advertisement

The consistent upward trend suggests that XRP’s price may continue to rise. The simple moving averages over 10 and 100 days are closely aligned at around $3.17 and $3.16, indicating a stable growth pattern. The Relative Strength Index is at 47.93, which is near neutral, suggesting there’s room for further upward movement before reaching overbought levels.

Looking ahead, the nearest resistance level is at $3.97. Breaking through this could see XRP aiming for the second resistance level at $5.03, potentially yielding an increase of about 45%. On the downside, the nearest support level is at $1.83. If the price dips to this point, it would represent a decrease of roughly 23%. Traders will be watching these levels closely as XRP continues its dynamic performance.

Solana

Solana (SOL) has seen impressive gains recently. In the past week, its price jumped by 35.68%. Over the last month, it increased by 41.10%, and in the past six months, it grew by 48.00%. This consistent upward trend shows strong interest from investors.

Currently, SOL is trading between $182.53 and $308.44. The nearest resistance level is at $364.82. If the price moves above this point, it could aim for the next resistance at $490. The nearest support level is at $113. If the price drops below this, it might see further declines.

Advertisement

Technical indicators suggest potential for growth. The 10-day simple moving average is $254.24, slightly higher than the 100-day average of $252.18. This indicates short-term bullish momentum. The Relative Strength Index (RSI) is at 56.03, suggesting the price is in a stable zone. The MACD level is positive at 2.935, supporting a possible upward movement. Based on this data, Solana’s price may continue to rise, possibly breaking through current resistance levels.

Cardano

Cardano’s ADA token has been on a notable journey lately. In the past week, its price dipped by a modest 1.50%, settling within a range of $0.86 to $1.15. Zooming out, the picture brightens: over the past month, ADA’s price has climbed by 11.45%, and over the last six months, it has surged an impressive 148.86%. This growth reflects a strong upward trend in the medium term.

Technical indicators paint an interesting scenario. The Relative Strength Index (RSI) sits at 40.23, inching toward the oversold threshold, which could suggest an upcoming bullish reversal. The Simple Moving Averages over 10 and 100 days are close, at $1.00 and $1.04 respectively, indicating that the current price is hovering around these averages. Additionally, the Stochastic oscillator is low at 11.70, and the MACD level is slightly negative at -0.00345, both hinting at potential upward momentum if buying interest increases.

Looking ahead, the nearest resistance level for ADA is at $1.30. Breaking through this point could open the path toward the second resistance at $1.59, representing possible gains of around 13% to 38% from current prices. On the flip side, the first support level is at $0.72, with a deeper support at $0.43. Investors are watching these levels closely, as holding above support may sustain confidence, while surpassing resistance could signal further growth. The coming weeks will reveal whether ADA can capitalize on this setup amid the dynamic crypto market.

Advertisement

Chainlink (LINK) has been on a noteworthy upward trajectory recently. In the past week, its price surged by 25.67%, while over the last month, it climbed 15.99%. Even more impressively, LINK’s price has nearly doubled in the past six months with a 97.88% increase. This consistent growth suggests a strong market interest and potential for continued expansion.

Currently trading between $19.23 and $28.02, LINK is approaching its nearest resistance level at $31.74. If it breaks through this point, the next target could be the second resistance level at $40.52, marking a significant gain from current prices. On the downside, the nearest support level is at $14.16, providing a cushion against potential price drops.

Technical indicators provide additional insight. The Relative Strength Index (RSI) stands at 45.24, indicating that LINK is neither overbought nor oversold. The 10-day Simple Moving Average (SMA) is $26.28, slightly above the 100-day SMA of $24.90, suggesting a modest short-term upward trend. The MACD level is positive at 0.1368, hinting at bullish momentum. However, the Stochastic value is low at 6.5768, which could imply that the coin is oversold and may be poised for a rebound. Considering these factors, LINK’s price may continue to rise, but traders should watch the resistance and support levels closely.

Conclusion

Altcoins like XRP, SOL, ADA, and LINK show promise, but XYZVerse stands out as a pioneering sports meme coin with massive growth potential and a unique, community-driven ecosystem.

Advertisement

To learn more about XYZVerse, visit their website, Telegram, or X.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Advertisement

Source link

Continue Reading

CryptoCurrency

Frax Finance Targets ‘Made in USA’ DeFi Ecosystem with Investment in Trump-Affiliated WLFI

Published

on

Trump's DeFi Platform Loads up on Crypto Assets

Frax Finance has proposed a $5 million investment in WLFI – the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform tied to US President Donald Trump. The main objective behind this move is to position itself as a leading player in the “Made in USA” DeFi ecosystem.

The proposal, which was presented for community feedback, also includes an additional $5 million follow-on investment subject to the partnership’s success. This makes a potential total commitment of $10 million.

Fuels Frax Finance’s Bet on WLFI

Frax Finance claims that World Liberty Financial (WLFI), which is built on Aave, is well-positioned to benefit from the Trump administration’s pro-crypto stance. WLFI is described as a key project aimed at introducing millions of Americans to DeFi, focusing on US-based initiatives and partnerships with companies like Chainlink and Ethena Labs. With $70 million invested in prominent DeFi assets such as Ethereum (ETH), Wrapped Bitcoin (WBTC), and Chainlink (LINK), WLFI has established a notable presence in the sector in a very short duration.

In addition to Frax Finance’s strategic alignment with WLFI to strengthen its status as a premier US-origin stablecoin, the decentralized stablecoin protocol is also co-founded by Stephen Moore, who happens to be a former economic advisor to President Trump.

Advertisement

By integrating FRAX’s frxUSD stablecoin as collateral within WLFI’s platform, Frax said that the focus is also on expanding its distribution, gaining access to millions of potential users, as well as influencing key governance decisions within the WLFI framework.

With WLFI’s valuation already surging from $1.5 billion to $5 billion, the investment offers potential for significant appreciation, particularly if WLFI succeeds in its mission to drive mass DeFi adoption under the Trump administration’s pro-crypto stance.

Justin Sun Deepens Ties with WLFI

Trump unveiled World Liberty Financial in September last year to simplify access to financial services by removing intermediaries. Despite a rocky start, the project’s cumulative sales soared to $300 million by January 23, according to data compiled by Dune Analytics.

This week, Tron founder Justin Sun announced increasing TRON DAO’s stake with an additional $45 million investment, bringing the total to $75 million. Previously, Sun made a $30 million token purchase in November last year which made him the biggest stakeholder in the platform. WLFI later confirmed his appointment as an adviser the next day.

Advertisement
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Source link

Advertisement
Continue Reading

CryptoCurrency

Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

Published

on

Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

Este artículo también está disponible en español.

After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month.

Bitcoin To Remain Range-Bound Until FOMC Meeting

The world’s largest cryptocurrency has been on a bullish trajectory since November, fueled by Donald Trump’s victory in the US presidential election. Over the past three months, BTC has surged from approximately $67,000 to $104,536 at the time of writing, posting gains of over 50%.

Related Reading

However, crypto analyst Krillin predicts that BTC may continue to “chop” in the $100,000 to $110,000 range until the FOMC meeting. The analyst suggests that unless the Bank of Japan takes extraordinary policy measures, BTC is unlikely to break out of this range before the end of the month.

Advertisement
krillin
Source: Krillin on X

At present, the CME FedWatch tool indicates a 99.5% probability that the US Federal Reserve (Fed) will not cut interest rates at the upcoming meeting. Krillin expects a market dump to follow the anticipated hawkish meeting, which may be partially offset by a dovish-sounding press conference hinting at future quantitative easing (QE).

For the uninitiated, QE is a monetary policy where central banks inject money into the economy by purchasing government bonds and other financial assets to lower interest rates and stimulate economic activity. This increased money supply can weaken fiat currencies, potentially driving investors toward assets like BTC, boosting its price as a hedge against inflation and currency devaluation.

Krillin’s prediction aligns with a recent market observation which states that BTC profit-taking has declined by 93% from its December peak, and that the long-term holders are back in accumulation mode, preparing for the next leg up. However, how long the current consolidation phase may last is anyone’s guess.

Meanwhile, crypto analyst Ali Martinez notes a sharp decline in capital inflows into the digital assets market, from $134 billion on December 10 to $43.37 billion. This low liquidity could result in sharp price swings, increasing the risk of liquidations for leverage traders.

ali
Source: ali_charts on X

Will BTC Peak In Q2 2025?

As BTC awaits the FOMC meeting to determine its next price trend, some analysts remain optimistic that the cryptocurrency could hit its market cycle peak in Q2 2025 as more institutions embrace the asset under favourable regulations.

Related Reading

Advertisement

For example, crypto analyst Dave The Wave recently predicted that BTC will likely peak in the summer of 2025. A report by Bitfinex supports this outlook, forecasting that Bitcoin could surge to $200,000 by mid-2025, albeit with minor corrections along the way.

That said, Bitcoin must defend the $100,000 price level, as failure to do so could see the asset drop to as low as $97,500. At press time, BTC trades at $104,536, up 1.4% in the past 24 hours.

bitcoin
BTC trades at $104,536 on the daily chart | Source: BTCUSDT on TradingView.com

Featured image from Unsplash, Charts from X and TradingView.com

Source link

Advertisement
Continue Reading

CryptoCurrency

Crypto Critic Elizabeth Warren Probes Trump’s Meme Coin Venture ($TRUMP)

Published

on

Senator Elizabeth Warren, a Massachusetts Democrat

Senator Elizabeth Warren is calling foul on President Donald Trump’s meme coin, pressing for the U.S. Office of Government Ethics and financial regulatory agencies to dig into the ethical and regulatory details around the $TRUMP token.

Warren, who is the top Democrat on the Senate Banking Committee that oversees U.S. financial regulators, says the assets, including First Lady Melania Trump’s own eponymous meme coin, pose conflict-of-interest hazards for the president and highlight the most destructive and volatile corner of the crypto sector.

“Nearly overnight, President Trump and his wife’s net worth skyrocketed to $58 billion,” Warren wrote in the letter alongside Representative Jake Auchincloss, a fellow Massachusetts Democrat who serves on the House Energy and Commerce Committee. “Anyone, including the leaders of hostile nations, can covertly buy these coins, raising the specter of uninhibited and untraceable foreign influence over the President of the United States, all while President Trump’s supporters are left to shoulder the risk of investing in $TRUMP and $MELANIA.”

Advertisement

Launched the Friday before his inauguration this week, Trump’s token — for which his company retains some 80% of the coins in circulation — rose rapidly from about $3 last week to almost $37 on Thursday. It’s opened a possibility for Trump to make “extraordinary profits off his presidency,” the lawmakers noted.

The letter was sent to the Treasury Department, Securities and Exchange Commission and the Commodity Futures Trading Commission — each of which now has a new Trump pick at the helm. Warren and Auchincloss raised the point that Trump is in charge of appointing the permanent heads of these regulatory agencies that will make decisions affecting the future of his crypto tokens.

None of the three federal agencies immediately responded to CoinDesk’s requests for comment on the letter, or whether they’re reviewing the tokens in any other capacity.

“$TRUMP and $MELANIA present grave risks to President Trump’s ability to impartially govern our nation — and to investors in these coins, who may be made victims of a rug pull scheme orchestrated by the Trump family,” Warren’s letter concluded.

Advertisement

The lawmakers join other Democrats who have similarly raised concerns about Trump issuing these assets right before taking office. Representative Gerry Connolly, the top Democrat on the House Oversight Committee, called for an investigation in a letter sent to his committee’s Republican chairman one day into Trump’s new term, additionally raising issues with World Liberty Financial and its ties to Tron blockchain founder Justin Sun. And Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, also shared her alarm about Trump’s coin.

Read More: House Dems Warn of Corruption in Trump’s Crypto Business Moves

Source link

Advertisement
Continue Reading

CryptoCurrency

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

Published

on

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

Today, U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.”

“Except to the extent required by law, agencies are hereby prohibited from undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad,” the order announced. “Except to the extent required by law, any ongoing plans or initiatives at any agency related to the creation of a CBDC within the jurisdiction of the United States shall be immediately terminated, and no further actions may be taken to develop or implement such plans or initiatives.”

The new EO will also establish a presidential working group to create a federal regulatory framework governing digital assets (including stablecoins), and evaluate the creation of a strategic national digital assets stockpile.

“The Working Group’s report shall consider provisions for market structure, oversight, consumer protection, and risk management,” stated the order. “The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”

Advertisement

The EO defines the term “digital asset” as any digital representation of value that is recorded on a distributed ledger — which would include cryptocurrencies such as bitcoin, digital tokens, and stablecoins.

The stockpile is expected to include or be fully in bitcoin. Last summer at The Bitcoin 2024 Conference in Nashville, Donald Trump pledged to create a national strategic bitcoin stockpile using the bitcoin already held by the government obtained from hacks and seizures. According to Arkham Intelligence data, the U.S. currently holds 198,109 bitcoin worth over $20.1 billion.

Following Trump’s speech at the conference, U.S. Senator Cynthia Lummis presented legislation to also create a Strategic Bitcoin Reserve, but in a different manner. Her bill would see the U.S. government purchase 200,000 bitcoin per year, for 5 years, until it has bought a total of 1,000,000 BTC. This legislation, however, would have to pass through both the House of Representatives and the Senate before making its way to the president’s desk for final approval.

Advertisement

So far, President Trump has kept his word on the Bitcoin related promises he made on the campaign trail. Earlier this week, President Trump gave a full and unconditional pardon to Bitcoin pioneer and Silk Road founder Ross Ulbricht, which Trump pledged to accomplish in addition to creating a Strategic Bitcoin Reserve, banning CBDC, creating a working group/advisory council, and more.

The full details of the executive order can be found here.

Source link

Advertisement
Continue Reading

CryptoCurrency

Why Are Litecoin Investors Turning To New Viral PayFi Altcoin Remittix Over Shiba Inu In 2025

Published

on

Why Are Litecoin Investors Turning To New Viral PayFi Altcoin Remittix Over Shiba Inu In 2025

There have been significant losses for Litecoin and Shiba Inu in the last 24 hours as many holders look to new projects hoping for better returns. Among these is Remittix (RTX), a PayFi project that raised over $5.2 million in its presale in just a few weeks. The project tackles problems that have been plaguing the global payments sector for many years now, offering a modern alternative. This is a market worth $190 trillion and Remittix could grab a big slice. So how will Shiba Inu (SHIB), Litecoin (LTC) and Remittix (RTX) fare in Q1 of 2025?

Shiba Inu (SHIB) Plummets 7% Overnight

Shiba Inu has kept its holders guessing with major fluctuations through most of January so far. In just 24 hours, Shiba Inu (SHIB) has plummeted by 7.3%, putting Shiba Inu at a value of $0.00002026, dipping to 0.00002040 earlier today. The MACD still signals a slight bullish crossover despite the asset’s losses, so some upward movement or at least some consolidation could be coming soon. On-chain activity too is up, with active addresses up 15% last week, which is at least a sign of healthy network engagement for Shiba Inu (SHIB).

Litecoin (LTC) Sees 24 Hour Dip After Strong Weekly Gain

Litecoin (LTC) too has been facing fluctuations. The asset had a strong week, with a net gain of 15.81%, but it has hurtled down in the last 24 hours, losing 4.06% of its value. Litecoin (LTC) is now trading around the $120 mark, climbing as high as $128.23 earlier today before dipping to $114.44. Litecoin’s RSI is at 62, which means it’s creeping toward overbought territory, but there’s still room for growth. On the contrary, Litecoin’s MACD shows some solid bullish momentum, lining up with the recent price jumps. Looking ahead, Litecoin’s big play for 2025 is getting a U.S.-based ETF approved, and if that happens, it could be a game-changer.

Remittix Switches Things Up in the Global Payments Space

With Remittix, users can convert over 40 cryptocurrencies into fiat and transfer money to any global bank account. By removing hidden fees and implementing transparent flat-rate pricing, Remittix tackles common frustrations associated with traditional international payments. Its rapid transaction processing positions it as a cost-effective and efficient alternative to existing solutions.

Advertisement

The entire process is simple. Users can send funds to any global bank account, with transactions typically completed in under 24 hours. For those weary of navigating complex banking systems, Remittix offers a straightforward yet powerful alternative.

Businesses can also derive great benefit from Remittix, particularly through the Remittix Pay API. This powerful piece of tech enables businesses to receive cryptocurrency payments and settle them in fiat currency. Eliminating digital asset management headaches, the platform supports more than 30 fiat currencies and 50 cryptocurrency pairs, enabling smooth financial operations across regions. Freelancers and merchants with global clients will find this function particularly useful to simplify payments and cut costs.

Recognizing the need for user independence, Remittix ensures that recipients do not know that payments were sent via its platform or that the transactions originated in cryptocurrency.

Remittix Storms Through Presale, Surpassing $5.2 Million

So far, Remittix has raised $5.2 million during its presale, which continues to gain traction. With a focus on privacy, efficiency, and user autonomy, Remittix is positioned to disrupt the $190 trillion cross-border payments market. Some analysts predict significant gains for Remittix (RTX), with forecasts of an 800% price surge during the presale and a potential 5,000% rally post-launch, as the project prepares to lead the PayFi sector.

Advertisement

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

Advertisement

Source link

Continue Reading

CryptoCurrency

Bitcoin drops after Trump signs executive order on crypto and ‘national digital asset stockpile’

Published

on

Bitcoin price falls after President Trump signs an executive order creating a working body for researching and designing a “national digital asset stockpile.”

Source link

Continue Reading

CryptoCurrency

Pepeto is poised to be the next meme coin giant

Published

on

Pepeto is poised to be the next meme coin giant

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

TRUMP and MELANIA tokens generate buzz, but PEPETO, with strong utility and growth, is quickly gaining momentum in the meme coin market.

Advertisement

Trump and Melania enter crypto, but Pepeto captures growing momentum

The cryptocurrency world was electrified as President-elect Donald Trump introduced the TRUMP token ahead of his inauguration. Initially capped at 200 million tokens, with plans to expand to 1 billion over the next three years, TRUMP saw a staggering $36.15 billion in 24-hour trading volume. 

Not long after, First Lady-to-be Melania Trump unveiled her own token, MELANIA, built on the Solana blockchain. Early investors have already seen massive returns, with TRUMP’s market cap surpassing $9 billion. However, critics are questioning the longevity of these political meme coins due to their heavy centralization and lack of utility.

Meanwhile, a new contender is stealing the spotlight: PEPETO, the god of frogs. Unlike TRUMP and MELANIA, which rely heavily on branding and hype, PEPETO combines narrative-driven appeal with robust utility and a rapidly growing community. With over $3.7 million raised in its presale and a social media following exceeding 55,000 users, PEPETO is proving to be a force to reckon with in the meme coin space.

Advertisement

TRUMP & MELANIA: Hype vs. sustainability?

TRUMP and MELANIA have used their ties to the Trump name to create buzz. Early whales have already capitalized, with one investor reportedly turning $12 million into $23.8 million within hours of TRUMP’s launch. However, concerns about centralization loom large, as 80% of TRUMP tokens are controlled by affiliated organizations, leading to skepticism about its long-term potential.

Why PEPETO is winning over analysts and investors

In stark contrast, PEPETO is gaining traction for its emphasis on utility and sustainability. Here’s what sets it apart:

  • High Staking Rewards: With annual returns of 387%, PEPETO provides an unmatched opportunity for passive income.
  • Cross-Chain Bridge: Pepeto’s technology enables seamless 30-second transfers across blockchains, reducing fees and delays.
  • PepetoSwap Exchange: A zero-fee platform designed to streamline meme coin trading, eliminating liquidity issues and high costs.
  • Community Governance: Through its DAO model, PEPETO empowers its community with decision-making power, fostering transparency and trust.
  • Low Entry Price: Currently priced at just $0.000000105 in presale, PEPETO offers an affordable opportunity for early investors to join a high-potential project.

A thriving community and growing hype

Unlike the centralized dynamics of TRUMP and MELANIA, PEPETO thrives on grassroots support. Its community has surpassed 55,000 across platforms like Twitter, Telegram, and Instagram, with daily growth reflecting its increasing popularity. This strong foundation not only boosts its credibility but also highlights its potential as a leader in the meme coin space.

Whales are betting big on PEPETO

Whale trackers have reported significant accumulation of PEPETO tokens, a strong indicator of confidence from high-net-worth investors. While TRUMP faces volatility due to its hype-driven nature, PEPETO’s utility-first approach offers a more sustainable path to growth. Analysts believe its upcoming exchange listings and groundbreaking features position PEPETO as a game-changer.

The next big meme coin?

As TRUMP and MELANIA dominate headlines, PEPETO quietly builds a foundation for long-term success. With its presale nearing conclusion and the launch of PepetoSwap and exchange listings imminent, PEPETO is not just a meme coin — it’s a movement.

Advertisement

How to join the PEPETO movement

Getting started with PEPETO is simple:

  1. Set Up a Wallet: Use MetaMask, Trust Wallet, or any Ethereum-compatible wallet.
  2. Fund a Wallet: Add ETH, USDT, or BNB.
  3. Connect to the Presale: Visit pepeto.io to purchase tokens.
  4. Stake Tokens: Start earning staking rewards right away.

About PEPETO

PEPETO combines the fun of meme coins with real-world utility, including a zero-fee exchange, cross-chain bridge, and lucrative staking rewards. As the god of frogs, PEPETO is redefining the meme coin space for 2025 and beyond.

For more information on PEPETO, visit their website, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Advertisement

Source link

Advertisement
Continue Reading

CryptoCurrency

Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam

Published

on

Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam

The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS.

Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing.

How the Scam Unfolded

According to various reports, the attackers took control of the Nasdaq account and linked it to a fake X profile, @nasdaqmeme, complete with a gold verified badge marking it as an affiliate.

They then made a post promoting the fake STONKS coin and retweeted it with the Nasdaq account, which has over 133,000 followers. The retweet and the apparent connection between the two accounts created a facade of credibility, duping unsuspecting investors into buying the token.

Advertisement

Within hours, STONK’s value soared 390 times its original price, with data from DEXscreener showing that the token reached a market capitalization of $80 million and trading volumes in excess of $185 million.

However, the cryptocurrency’s meteoric rise ended abruptly as its value plummeted to zero, leaving investors with huge losses. Some accounts suggest that the scammers walked away with at least $4 million after rugging the coin.

Interestingly, the fraudulent profile used in the con was a copycat of an existing Solana meme coin, STNK, with the social media handle @STONKS_SOL.

The legitimate STONKS team has warned the crypto community about the rip-off and announced plans to sue the sham project.

Advertisement

STNK was launched in April 2021 as the first-ever joke token on the Solana network. It is based on the “Stonks” meme created in 2017 by Henry Hooper and made famous by the Gamestop short squeeze saga on r/wallstreetbets.

Social Accounts Under Threat

The hacking incident sparked widespread reactions across the community, with many expressing disbelief at its audacity and sophistication. Crypto trader CRG described it as the “best grift” they had ever seen, while other users pointed out the alarming ease with which the fraudsters secured a verified affiliate badge.

At the time of this writing, Nasdaq had not commented on the incident, although the offending post has been deleted, and the @nasdaqmeme account has been suspended.

Incidents of bad actors taking over social media accounts to promote phony cryptocurrencies have been on the rise lately. Towards the end of last year, blockchain investigator ZachXBT exposed an elaborate scheme where hackers compromised 15 X accounts and used them to promote fake coins. The criminals reportedly made away with at least $500,000 from the operation.

Advertisement

In another incident, a different group of scammers targeted the social media accounts of celebrities, including singer Usher, rapper Wiz Khalifa, and actor Dean Norris, to push a slew of counterfeit tokens on Pump.fun, stealing as much as $3.5 million in the process.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Source link

Continue Reading

CryptoCurrency

Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?

Published

on

Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?

Este artículo también está disponible en español.

Solana (SOL) has been riding a wave of volatility, recently hitting a new all-time high of $295 before dropping over 22% amid market fluctuations. Despite this sharp correction, SOL has shown resilience by recovering much of its losses, leaving investors optimistic about its potential for further gains in the coming weeks.

Related Reading

Top analyst Jelle has weighed in on the situation, providing a detailed technical analysis that offers insight into SOL’s current price action. According to Jelle, Solana is experiencing “more violent moves, as expected,” while compressing around its previous all-time highs. This compression is a natural phase following such a significant rally and is seen as a healthy consolidation that could set the stage for the next leg higher.

With key levels holding firm and sentiment improving, Solana appears well-positioned for a potential breakout. Investors are closely monitoring the market dynamics as SOL prepares for what could be another major surge.

Advertisement

As one of the standout performers in the crypto market, Solana’s ability to navigate this volatility and push past resistance levels will be crucial in determining its trajectory in the weeks ahead. The coming days could mark the start of a new chapter in SOL’s impressive journey.

Solana Testing Crucial Liquidity 

Solana has been making headlines with its aggressive price movements, especially after breaking its all-time high (ATH). Following its impressive rally, SOL has entered a phase of consolidation while holding key demand levels, signaling the potential for sustained bullish momentum. This period of compression is seen as a natural and healthy part of the market cycle, especially after such a strong upward move.

Crypto analyst Jelle recently shared a detailed technical analysis on X, shedding light on Solana’s current market behavior. According to Jelle, SOL has experienced violent price action moves as it compresses right around its previous all-time highs. This consolidation phase, while volatile, is necessary to build a solid foundation for the next leg higher. Jelle noted that it’s encouraging to see key levels holding firm, adding that it feels like it’s only a matter of time before Solana resumes its bullish trajectory.

Solana retesting previous ATH | Source: Jelle on X
Solana retesting previous ATH | Source: Jelle on X

Analysts across the board remain optimistic about Solana’s outlook, with many predicting that the coming months will be extremely bullish if SOL can maintain its current structure. Holding these key demand levels is critical to sustaining momentum, and a breakout from this consolidation phase could propel Solana into new price discovery.

Related Reading

Advertisement

As one of the most promising blockchain networks in the crypto space, Solana’s resilience amid aggressive price action highlights its strength and growing investor confidence. With technical and fundamental indicators aligning, Solana is poised to remain a standout performer as the market anticipates its next move. The coming weeks will be pivotal in determining whether SOL can capitalize on its strong foundation and deliver another wave of significant gains.

Price Action Details: Key Levels To Hold

Solana (SOL) is currently trading at $243, down over 10% since yesterday as the broader altcoin market faces selling pressure. This decline comes amid Bitcoin’s consolidation just below its all-time high (ATH), which has left altcoins struggling to maintain bullish momentum.

SOL Testing crucial demand | Source: SOLUSDT chart on TradingView
SOL Testing crucial demand | Source: SOLUSDT chart on TradingView

For SOL to recover and regain upward traction, it is crucial for bulls to defend the current price levels. Holding above $243 is key to preventing further downside, while a decisive push above the $265 resistance mark would signal a return to strength. Breaking this level with conviction could reignite investor confidence and set the stage for a renewed rally.

Related Reading

However, the risks of a deeper correction remain if SOL fails to hold support. A drop below $230 would likely trigger additional selling pressure, leading to extended losses and testing lower demand zones. Such a move would challenge Solana’s recent bullish structure and delay its chances of a recovery.

Advertisement

Featured image from Dall-E, chart from TradingView.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2025 WordupNews