Crypto.com, Bybit, Kucoin, and Gate.io Among Others to List Ai-Powered bitsCrunch $BCUT Token

https://thenewscrypto.com/crypto-com-bybit-kucoin-and-gate-io-among-others-to-list-ai-powered-bitscrunch-bcut-token/

AI-enhanced decentralised NFT data network bitsCrunch recently raked in $3.85m in 24 minutes in the community sale. Now its native utility token BCUT was announced to make its debut on leading cryptocurrency exchanges such as Crypto.com KuCoin, ByBit, Gate, Coinlist Pro, and UniSwap among others, with trading kicking off on February 20th at 1 PM UTC.

The news regarding bitsCrunch token listing comes following the unprecedented success of its NFT mint, which saw 2,000 Genesis Pass utility NFTs sold out in 11 seconds within the first come first serve phase. The collection surpassed over 200 ETH in trading volume on the secondary market OpenSea within the first hour. 

Popular cryptocurrency exchanges announced the listing of BCUT earlier today, launching with USDT trading pair.

The $BCUT token is central to the bitsCrunch Network, designed to ensure smooth operations and enhance network security through a blend of cryptographic techniques and economic incentives. This launch follows bitsCrunch’s remarkable achievements in leveraging advanced AI and ML for blockchain and NFT analytics, underscoring its innovative edge in the sector.

“The introduction of the $BCUT token signifies a pivotal moment for bitsCrunch, marking our transition towards a more secure, decentralised, and community-driven network,” stated Vijay Pravin, Founder and CEO of bitsCrunch. “We’re excited to witness the diverse applications and the strengthened security our token will introduce to our ecosystem.”

Key Features and Utilities of $BCUT Token:

Incentive Alignment: $BCUT incentivizes Operators, Delegators, Indicators, and Contributors to stake their tokens, fostering a collaborative ecosystem driven by shared goals and security.

Network Security: The token employs staking to enhance security measures, deterring malicious activities and maintaining network integrity.

Independence and Economic Design: $BCUT ensures the network’s autonomy, reducing reliance on external cryptocurrencies and enabling the design of an economic model tailored to the ecosystem’s unique needs. This includes mechanisms for managing token issuance in line with growth milestones and potential deflationary measures to sustain the network’s value.

Decentralised Governance: Token holders are empowered to propose and vote on network changes, ensuring a decentralised governance structure that aligns with the network’s ethos.

Discounting Mechanism: Stakeholders can leverage $BCUT for discounts on data queries, promoting active engagement within the bitsCrunch ecosystem.

As bitsCrunch gears up for this significant milestone, the company extends an invitation to its community and potential investors to participate in the launch and trading of $BCUT. This strategic expansion is a testament to bitsCrunch’s commitment to innovation, security, and the democratisation of digital asset analytics.

About bitsCrunch

bitsCrunch is a community-driven decentralised network leveraging advanced computations and AI/ML algorithms to provide smart insights on NFTs and blockchain assets. The company excels in analytics solutions, offering APIs to leading web3 entities like DappRadar and Unstoppable Domains, and operates UnleashNFTs, a separate B2C NFT analytics platform. With partnerships including MasterCard, EY, PwC, and Accenture, bitsCrunch adopts a revenue-generating B2B model alongside its B2C offerings.

Websites: bitsCrunch | UnleashNFTs

Socials: Twitter | Discord

Media Contact:

press@dverse.xyz

www.dverse.xyz 

Analyst Who Predicted Bitcoin’s Fall at $69k in 2021 Reveals 2024’s Three Hottest Cryptocurrencies

https://thenewscrypto.com/analyst-who-predicted-bitcoins-fall-at-69k-in-2021-reveals-2024s-three-hottest-cryptocurrencies/

In the ever-evolving landscape of cryptocurrency, expert analysis, and predictions often play a significant role in shaping investor sentiment and market trends. One such analyst who gained widespread recognition for his accurate forecasts is the individual who accurately predicted Bitcoin’s fall at $69,000 in 2021. Now, as we navigate through 2024, this analyst has once again captured the attention of the crypto community by revealing the three hottest cryptocurrencies poised for success.

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The Analyst’s Background

Before delving into the cryptocurrencies highlighted for 2024, it’s essential to understand the background of the analyst behind these predictions. Renowned for his insightful analysis and foresight, this analyst gained prominence in the crypto sphere after accurately forecasting Bitcoin’s decline from its all-time high of $69,000 in 2021. His meticulous approach to market analysis and thorough understanding of crypto dynamics have earned him a reputation as a trusted source within the industry.

Bitcoin’s Fall at $69,000: A Testament to Accurate Predictions

Bitcoin’s meteoric rise to $69,000 in 2021reaching new ATH was met with euphoria among investors, yet this analyst foresaw the impending correction. Through a combination of technical analysis and market insights, he accurately predicted Bitcoin’s subsequent decline, serving as a cautionary tale for investors amidst the frenzy of the bull market.

2024’s Three Hottest Cryptocurrencies

As we venture further into 2024, the same analyst has identified three cryptocurrencies primed for significant growth and adoption. These tokens represent innovative projects with promising fundamentals and compelling narratives, making them stand out in a crowded market.

  1. Retik Finance (RETIK): The Rising Star

At the forefront of the analyst’s list is Retik Finance, hailed as the rising star of the cryptocurrency world. Launched in December 2023, Retik Finance has swiftly garnered attention for its ambitious goals and innovative approach to decentralised finance (DeFi). Central to its appeal is the comprehensive ecosystem it offers, which includes a decentralised exchange (DEX), a DeFi debit card, and a unique NFT marketplace. What sets Retik Finance apart is its emphasis on utility and real-world functionality. With a successful CertiK audit under its belt and a rapidly expanding community of supporters, Retik Finance has positioned itself as a top microcap with immense potential. Its upcoming listing on two major cryptocurrency exchanges has fueled speculation of a substantial price surge, with experts projecting gains of up to 9900%.


Retik Finance

  1. Uniswap: Revolutionising Decentralised Trading

Uniswap, the pioneer of automated market makers (AMMs), continues to dominate the decentralised trading landscape in 2024. Powered by smart contracts, Uniswap offers seamless crypto trading without the need for traditional intermediaries. Its user-friendly interface and efficient liquidity provision have propelled it to the forefront of decentralised finance, boasting impressive transaction volumes and a loyal user base. Despite facing stiff competition from other AMMs, Uniswap remains a frontrunner due to its reliability and innovation. With over $489 billion in total transaction volume and 71 million all-time trades, Uniswap continues to set the standard for decentralised trading platforms, solidifying its status as one of 2024’s hottest cryptocurrencies.

  1. Ripple (XRP): Resilience Amid Regulatory Challenges

Ripple, the native cryptocurrency of the Ripple payment protocol, has weathered regulatory scrutiny and emerged stronger in 2024. Despite facing an SEC investigation in 2020 that led to delistings from major U.S. exchanges, Ripple persevered and successfully defended itself in court. A judge’s ruling in favour of Ripple alleviated concerns surrounding its regulatory status, triggering a surge in XRP’s price and trading volume. With partnerships with hundreds of financial institutions and a focus on facilitating fast and inexpensive cross-border transactions, Ripple remains a formidable player in the cryptocurrency space. Its resilience in the face of regulatory challenges underscores its appeal to investors seeking stability and long-term growth, cementing its position as one of 2024’s hottest cryptocurrencies.

Conclusion

In conclusion, while Uniswap and Ripple showcase resilience and innovation in the crypto space, Retik Finance stands out as the optimal investment choice for 2024. With its comprehensive ecosystem, successful audits, and impending major exchange listings, Retik Finance demonstrates unparalleled potential for exponential growth. Its emphasis on real-world utility and steadfast community support solidifies its position as the standout investment opportunity. As investors navigate the dynamic landscape of cryptocurrencies, Retik Finance emerges as the best buy, offering a unique blend of innovation, utility, and growth prospects unmatched by its counterparts.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Is Retik Finance the Next Ethereum? ETH Whale Increases Retik Finance (RETIK) Stake as Presale Surpasses $22 million

https://thenewscrypto.com/is-retik-finance-the-next-ethereum-eth-whale-increases-retik-finance-retik-stake-as-presale-surpasses-22-million/

Investors are always searching for the next big thing in the rapidly changing world of cryptocurrencies. A venture that has the potential to completely transform the market and yield enormous profits. Many investors are focusing on initiatives like Retik Finance (RETIK), which has been making waves in the cryptocurrency world, as a result of the recent spike in interest in decentralised finance (DeFi) and blockchain technology. Is Retik Finance going to be the next Ethereum, though? And what does an Ethereum whale’s recent rise in Retik Finance’s holdings mean?

Click Here To Take Part In Retik Finance Presale

Retik Finance (RETIK): Emerging Leader in the Crypto Sector

The goal of the decentralised finance project, Retik Finance is to empower people all around the world and democratise the financial system. Retik Finance is transforming our understanding of money and finance with its cutting-edge ecosystem of goods and services. 

Retik Finance provides an extensive range of solutions to empower consumers and promote the adoption of decentralised technologies, ranging from the Retik Wallet, an intuitive interface for managing digital assets, to the Retik DeFi Debit Card, which links digital and traditional banking.

Could Retik Finance Be Ethereum’s Successor?

Everyone is wondering if Retik Finance can follow in the footsteps of Ethereum, which is the second-largest cryptocurrency by market capitalization and a pioneer in the field of decentralised apps (DApps) and smart contracts. Although it’s impossible to know what the future holds, some indications point to Retik Finance potentially becoming the next Ethereum and possibly surpassing it. Retik Finance is, first and foremost, based on the same decentralisation, transparency, and security concepts that have made Ethereum such a revolutionary project. Like Ethereum did in its early days, Retik Finance represents the spirit of the decentralised financial revolution with its focus on empowering individuals and doing away with third-party intermediaries. Second, both developers and investors are taking an interest in Retik Finance, which is growing quickly. Retik Finance has shown a growing ecosystem of customers and partners, as well as strong community support, with its successful presale topping $22 million at stage 9.  This amount of fervour and investor participation brings to mind the early days of Ethereum when the platform was only starting to acquire traction as a means of developing decentralised apps.

ETH Whale Ups Stake in Retik Finance (RETIK) and Implications

The recent revelation that an Ethereum whale has augmented its holdings in Retik Finance has stirred considerable excitement within the crypto community. With Ethereum’s price continuing to surge, savvy investors are on the lookout for opportunities to diversify their portfolios and capitalise on promising ventures beyond the realm of traditional cryptocurrencies. The decision by this Ethereum whale to bolster their stake in Retik Finance serves as a resounding vote of confidence in the company’s future prospects and potential for substantial returns. By increasing their position in Retik Finance, this whale is signalling their belief in the project’s long-term viability and the lucrative opportunities it may offer. This significant purchase by the Ethereum whale not only underscores Retik Finance’s growing prominence within the financial and cryptocurrency spheres but also serves as a validation of its potential for future success. Ethereum whales are renowned for their discerning investment strategies and meticulous analysis of emerging projects, making their endorsement of Retik Finance all the more noteworthy. As news of the Ethereum whale’s investment spreads, it is likely to instil greater confidence among other investors and community members regarding Retik Finance’s trajectory. The whale’s vote of confidence effectively validates the project’s growth prospects and underscores its position as a promising player in the ever-evolving landscape of decentralised finance.

Conclusion

Retik Finance may still be in its early stages, but it has already made significant strides toward establishing itself as a prominent player in the decentralised finance (DeFi) sector. With a robust foundation, a burgeoning community, and an innovative ecosystem, Retik Finance is poised to carve out a distinct niche for itself within the cryptocurrency landscape.

While it remains to be seen whether Retik Finance will achieve the same level of popularity as Ethereum, one thing is certain: this emerging cryptocurrency venture holds immense promise for the future. Having successfully navigated through eight phases of presale, Retik is now on the cusp of completing its ninth stage, with total token sales nearing the $23 million mark. Confidence in Retik Finance continues to grow, underscoring its potential to emerge as a top performer in the crypto market. Investors are advised to closely monitor RETIK and consider adding $RETIK tokens to their portfolios, especially given their current price of $0.11. With the possibility of returns of up to 5000x, investing in Retik Finance presents an opportunity to potentially become a crypto millionaire when the project takes off.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Ethereum (ETH) Whale Sells Some ETH For This Cryptocurrency Valued At $0.1—What Does He See?

https://thenewscrypto.com/ethereum-eth-whale-sells-some-eth-for-this-cryptocurrency-valued-at-0-1-what-does-he-see/

Cryptocurrency markets are no stranger to whale-sized transactions that can send shockwaves through the industry. Recently, a prominent Ethereum (ETH) whale made headlines by diversifying their portfolio, choosing to exchange a portion of their ETH holdings for a cryptocurrency valued at just $0.1 per token—Retik Finance (RETIK).  This intriguing move has left many in the crypto community wondering about the rationale behind the decision. What does this Ethereum whale see in Retik Finance, and why did they choose this particular cryptocurrency for their investment? In this article, we will explore the details of this remarkable transaction and delve into the potential reasons driving the Ethereum whale’s choice.

Click Here To Take Part In Retik Finance Presale

The Ethereum Whale’s Strategic Decision

Before we delve into the motivations of the Ethereum whale, let’s take a closer look at the transaction itself. This particular whale, renowned for holding a substantial amount of Ethereum, made a strategic move by divesting a portion of their ETH holdings. What sets this transaction apart is the choice of the asset they acquired—Retik Finance (RETIK), a cryptocurrency valued at a modest $0.1 per token. This choice has ignited curiosity throughout the crypto community. Why would a prominent Ethereum holder opt for an asset with such an affordable price point? What is it about Retik Finance that captured the attention of this influential investor? To unravel these questions, we must examine the broader context of the crypto market and explore the distinctive characteristics of Retik Finance that might have led to this strategic decision.

Unpacking Retik Finance (RETIK)

To gain a deeper understanding of the Ethereum whale’s motivation, it is essential to acquaint ourselves with Retik Finance (RETIK). At the time of the transaction, Retik Finance was valued at a mere $0.1 per token, placing it among the lower-priced digital assets within the crypto market. However, focusing solely on price would be a disservice to Retik Finance’s potential. Like many other cryptocurrencies, Retik Finance may offer unique attributes, technological advancements, or an exciting use case that attracted the Ethereum whale. Let’s explore some plausible reasons behind this strategic investment:


Retik Finance

1. Diversification of Portfolio: Diversification is a common strategy among cryptocurrency investors to mitigate risk. While Ethereum remains a dominant player in the market, its price can be subject to significant volatility. The Ethereum whale may have opted for Retik Finance as a means of diversifying their holdings and reducing exposure to a single digital asset.

2. Growth Potential: Lower-priced cryptocurrencies often present substantial growth opportunities. If the Ethereum whale believes that Retik Finance has a promising future and anticipates substantial price appreciation, it may have chosen to invest early at a lower cost per token.

3. Innovative Technology and Use Cases: Retik Finance may offer innovative technology or unique use cases that set it apart from other cryptocurrencies. Whether it boasts enhanced security features, scalability improvements, or a disruptive financial ecosystem, the whale may have recognized its potential for widespread adoption and utility.

4. DeFi Debit Card Revolution: One of Retik Finance’s standout features is its commitment to revolutionising decentralised finance (DeFi) with its DeFi Debit Card. By seamlessly bridging the gap between traditional and crypto finance, Retik Finance aims to provide users with a convenient and efficient method to utilise their digital assets globally. The introduction of DeFi Debit Cards could be a game-changer in the financial industry, attracting investors like the Ethereum whale who see the potential for mass adoption.

5. Early Entry Advantage: Investing in a cryptocurrency like Retik Finance at an early stage offers the advantage of accumulating tokens at a lower price. If the Ethereum whale believes that Retik Finance is poised for rapid development and adoption, their decision to invest at $0.1 per token may position them favourably for future gains.

6. Strategic Partnerships and Community Engagement: Retik Finance’s success could also be attributed to strategic partnerships and active community engagement. A strong and supportive ecosystem can drive adoption and raise the profile of a cryptocurrency, making it an appealing choice for investors.

7. Trust in the Development Team: Confidence in the development team behind Retik Finance is paramount. The Ethereum whale may have conducted thorough research and due diligence on the project’s team, track record, and vision, instilling trust in their ability to deliver on their promises.

Conclusion

The Ethereum whale’s decision to exchange a portion of their ETH holdings for Retik Finance (RETIK) valued at $0.1 reflects a strategic move that encompasses various factors. While price is a critical consideration, it is far from the sole determinant of an asset’s value in the cryptocurrency market. Retik Finance’s innovative features, potential for growth, commitment to bridging traditional and crypto finance, and early entry advantages likely played a significant role in attracting the Ethereum whale’s attention. As the crypto landscape continues to evolve, Retik Finance’s progress and contributions to the decentralised finance (DeFi) space will be closely monitored. Whether this strategic investment leads to substantial gains remains to be seen, but it undeniably highlights the ever-expanding and dynamic nature of the cryptocurrency market. In the world of crypto investments, it is often the bold and strategic moves that can yield the most significant rewards. The Ethereum whale’s choice to invest in Retik Finance at $0.1 per token may serve as a testament to the project’s potential and its role in shaping the future of decentralised finance.

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Visit the links below for more information about Retik Finance (RETIK):

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Bold Price Forecasts: Solana (SOL) Going for $300, Ethereum (ETH) Hitting $5500, and Retik Finance (RETIK) Realising $20 in 2024, Here’s why

https://thenewscrypto.com/bold-price-forecasts-solana-sol-going-for-300-ethereum-eth-hitting-5500-and-retik-finance-retik-realising-20-in-2024-heres-why/

Bold price projections are usually the talk of the town in the constantly changing world of cryptocurrencies, capturing the interest of investors everywhere. Three tokens—Ethereum (ETH), Retik Finance (RETIK), and Solana (SOL)—stand out as having bold projections for 2024 when we look into the crystal ball of the cryptocurrency market. Retik Finance (RETIK) is heading for the $20 moon price, Solana (SOL) is sailing towards $300, and Ethereum (ETH) is climbing toward the $5500 mark.Put on your seatbelt, daring investors. Let’s investigate the rationale behind these bold predictions and why these tokens are expected to see enormous returns.

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Solana (SOL): Lightning-Fast Crypto on the Path to $300

In the cryptocurrency world, Solana, the blockchain darling renowned for its incredibly fast transactions and tiny costs, has already made a name for itself. However, some analysts think the voyage is far from ending. By the end of 2024, they predict Solana will soar to a startling $300 thanks to some important factors:

  • Scalability: Solana is a great option for DeFi and NFT projects looking to avoid the congestion that besets older blockchains due to its remarkable 65,000 transactions per second (TPS) handling capacity. The demand for SOL is set to increase in 2024 as a result of this scaling advantage, drawing in a large number of additional users and developers.
  • Institutional adoption: Given that big companies like Google Cloud have shown interest in Solana, a significant investment in the asset might happen soon. With Solana set to launch its second smartphone, the price of SOL would surely rise as a result of the capital inflow and innovation.

Ethereum (ETH) Set to hit $5500

The OG smart contract, Ethereum, has withstood several challenges and come out stronger each time. Now that the much-awaited Merge upgrade is approaching, some analysts project a price increase to a startling $5500 by the end of 2024 coupled with its increasing market dominance.

Bold Forecast for Ethereum hinged on:

Ethereum Evolution: This eagerly anticipated update should greatly lower Ethereum’s energy usage and speed up transactions, thereby opening the door for broader acceptance. A new wave of developers and consumers may be drawn to ETH because of its increased scalability and efficiency, which would raise its price.

Institutional interest: Institutional investors are paying close attention to Ethereum, much like they are to Solana. This financial infusion might be the catalyst that ETH needs to soar to a new height of $5500 in 2024.

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Retik Finance (RETIK): From PreSale Price of $0.1 to $20

A fresh entrant to the market, Retik Finance is creating a buzz unmatched by any other. With the help of its ground-breaking DeFi Debit Card, this ambitious project seeks to close the gap between cryptocurrency and traditional life by enabling users to spend their digital assets at traditional retailers directly. Retik imagines a world in which you can pay for groceries with Bitcoin, rent with DAI, or have a coffee powered by Ethereum. The extensive ecosystem of Retik Finance, which includes the Retik Pay, DeFi Debit Card, and Retik Wallet, makes a strong case for continued expansion. With its emphasis on user empowerment and financial inclusiveness, as well as its growing community and strategic alliances, Retik Finance is making waves in the DeFi industry.

Retik’s Road to $20 in 2024, How?

Potential for disruption: RETIK’s practical application defies convention and draws in financiers looking for long-term, worthwhile ventures. The fact that whales from well-known cryptocurrencies are already investing in RETIK suggests that it has a bright future in 2024.

Impending Launch: As with the history of Cryptos, a listing on major exchanges usually catapult the price to new heights. Retik Finance, with its adoption spreading like wildfire, will replicate this feat as it is billed to be listed on major exchanges in a few months. Analysts forecast that this would cause the value of $RETIK to reach $20 post-listing, yielding significant profits for investors in 2024.

Conclusion

The ambitious price projections that Solana (SOL) will reach $300, Ethereum (ETH) will fly to $5500, and Retik Finance (RETIK) will realise $20 in 2024 are based on some variables that represent the ever-changing cryptocurrency industry. Regarding Retik Finance, its predicted development can be attributed to its unique vision, utility-rich ecosystem, and potential trajectory in the decentralised finance (DeFi) space. Retik Finance is well-positioned to carve out a niche for itself and reach a predicted value of $20 in 2024 thanks to the success of its Presale stages and the continuous development of its utilities, such as the Retik Pay, Retik Wallet, and DeFi Debit Card.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Flip $2000 into $500,000 with Retik Finance (RETIK), Shiba Inu (SHIB), and Solana (SOL)

https://thenewscrypto.com/flip-2000-into-500000-with-retik-finance-retik-shiba-inu-shib-and-solana-sol/

In the world of cryptocurrency, opportunities for substantial gains and life-changing profits are not uncommon. With the right strategy, a relatively modest investment can transform into a significant fortune. In this article, we explore how one can potentially flip a $2000 investment into a whopping $500,000 using three intriguing cryptocurrencies: Retik Finance (RETIK), Shiba Inu (SHIB), and Solana (SOL).

Click Here To Take Part In Retik Finance Presale

Understanding the Power of Cryptocurrency

Cryptocurrency has evolved from being a niche interest to a global phenomenon, attracting investors, traders, and enthusiasts from all walks of life. The decentralised nature of these digital assets, combined with the potential for explosive price growth, has made them a favourite among those seeking high returns on investment. However, it’s important to recognize that cryptocurrency investments are inherently risky and subject to market volatility. Gains can be substantial, but losses are also possible. With that in mind, let’s explore a potential strategy for achieving substantial gains with a $2000 investment.

The Strategy: Diversification and Research

Diversification is a fundamental principle of investment that involves spreading your capital across multiple assets to reduce risk. In the crypto world, diversifying your investments among different cryptocurrencies can help mitigate the impact of price fluctuations on any single asset. In our strategy, we will allocate our $2000 investment across three cryptocurrencies: Retik Finance (RETIK), Shiba Inu (SHIB), and Solana (SOL). Each of these cryptocurrencies has shown promise and potential for significant growth.

Retik Finance (RETIK)

Retik Finance is a blockchain project that has been gaining traction in the decentralised finance (DeFi) space. With its innovative products, including DeFi debit cards, crypto payment gateways, AI-powered P2P lending, and secure non-custodial wallets, Retik Finance offers a comprehensive suite of services poised to disrupt traditional financial systems. As of our analysis, Retik Finance is in its presale stage, with a relatively low token price. With a portion of our $2000 investment, we can acquire RETIK tokens at an attractive entry point.


Retik Finance

Shiba Inu (SHIB)

Shiba Inu (SHIB) emerged as a meme token but quickly gained popularity in the crypto community. Its dedicated community of supporters, known as the “SHIBArmy,” has driven meaningful adoption and development. SHIB has seen substantial price fluctuations, offering opportunities for traders and investors alike. Allocating a portion of our investment to SHIB allows us to participate in the potential for rapid price appreciation, especially if the token experiences a significant bull run.

Solana (SOL)

Solana (SOL) has positioned itself as a high-performance blockchain network known for its scalability and low transaction fees. The Solana ecosystem has attracted a range of DeFi projects and decentralised applications (DApps), contributing to its growing popularity. With a portion of our investment in SOL, we can tap into the robust Solana ecosystem and benefit from its potential for long-term growth.

The Investment Breakdown

Now, let’s break down how we can allocate our $2000 investment across these three cryptocurrencies:

  • Retik Finance (RETIK): $1000
  • Shiba Inu (SHIB): $500
  • Solana (SOL): $500

It’s crucial to note that these allocations are just one example of how to distribute your investment. The percentages can be adjusted according to your risk tolerance, research, and market conditions at the time of investment.

The Path to $500,000

The potential path to turning our $2000 investment into $500,000 involves several key factors:

Entry Points: By entering the market at strategic points during a crypto’s price cycle, we can maximise our potential for gains. Investing in Retik Finance (RETIK) during its presale stage offers an advantageous entry point.

Market Analysis: Continuously monitoring market trends, news, and sentiment can help us make informed decisions. Keeping an eye on Shiba Inu (SHIB) and Solana (SOL) developments is crucial for optimising our investment.

Holding and Patience: Cryptocurrency markets are known for their volatility, and prices can experience significant fluctuations. Holding our investments and staying patient through market ups and downs is essential for long-term success.

Risk Management: Diversifying our investments across multiple assets mitigates risk. Additionally, setting stop-loss orders and establishing an exit strategy can protect our capital.

Market Timing: While it’s challenging to predict exact market movements, being aware of potential catalysts, such as major announcements or events, can help us make strategic decisions.

Dollar-Cost Averaging (DCA): Implementing a DCA strategy involves consistently investing a fixed amount of money at regular intervals, regardless of price fluctuations. This strategy can reduce the impact of market volatility on our overall investment.

Potential Outcomes

It’s important to acknowledge that cryptocurrency investments come with risks and uncertainties. The crypto market can be highly speculative and subject to sudden changes in sentiment and external factors. As a result, the $500,000 target is speculative and not guaranteed.

However, let’s explore two potential outcomes based on historical price performance and market conditions:

Scenario 1: Bull Market Surge

In a favourable scenario where all three cryptocurrencies experience significant price increases, it’s possible to achieve our $500,000 goal. If Retik Finance (RETIK) performs exceptionally well in its presale stage, and both Shiba Inu (SHIB) and Solana (SOL) see substantial gains, our diversified portfolio could deliver impressive returns.

Scenario 2: Mixed Performance

In a more conservative scenario, where not all assets experience meteoric rises, we may still achieve substantial gains. Even if only one or two of the cryptocurrencies in our portfolio perform exceptionally well, it can contribute significantly to our overall investment growth.

Conclusion: Opportunity and Caution

While the idea of flipping a $2000 investment into $500,000 is enticing, it’s essential to approach cryptocurrency investments with caution and due diligence. The crypto market is highly speculative and volatile, and there are no guarantees of achieving specific profit targets. Diversification, research, and risk management are critical components of a successful cryptocurrency investment strategy. By carefully considering the potential of assets like Retik Finance (RETIK), Shiba Inu (SHIB), and Solana (SOL) and staying informed about market developments, investors can navigate the crypto landscape with greater confidence. Remember that investing in cryptocurrencies involves inherent risks, and it’s advisable to consult with financial experts and conduct thorough research before making any investment decisions. The path to $500,000 is filled with opportunities, but it also requires a prudent and informed approach to maximise the chances of success in the crypto market.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Microsoft AI Shiba Inu price prediction, Tradecurve up 50% on the 30 day chart

https://thenewscrypto.com/microsoft-ai-shiba-inu-price-prediction-tradecurve-up-50-on-the-30-day-chart/

I asked Microsoft’s new AI – Bing, to think about Shiba Inu and give me a price prediction.  Meanwhile, a project currently in presale, Tradecurve.io, is soaring, due to investors being bullish about the hybrid trading model built on the blockchain, that will allow people to get the best of both CEXes and DEXes and traditional brokerages.

>>BUY TCRV TOKENS NOW<<

Microsoft’s Bing AI’s thoughts and research on the price potential for SHIB

Although Bing AI didn’t want to give its own price predictions, it did have something to say about the often asked question ‘Will Shiba Inu reach $1?”

“Well, this is just my opinion and not financial advice, but I think it’s very unlikely that Shiba Inu can reach $1 anytime soon. According to CoinMarketCap, the current price of SHIB is $0.00000835 per token, which means it would need to increase by 11,976,047% to reach $1. That’s a huge jump, even for a meme coin.

When asked for price potential, Bing AI reminded me that it’s hard to predict prices and that I should do my own research. And then it told me this:

“According to Wallet Investor, Shiba Inu could reach a maximum price of $0.000000945 per token by the end of 2023, which is a decrease of 88.8% from the current price. By the end of 2024, the maximum price could be $0.00000134, which is a decrease of 84% from the current price.

According to Gov Capital, Shiba Inu could reach a maximum price of $0.0000457 per token by the end of 2023, which is an increase of 443% from the current price. By the end of 2024, the maximum price could be $0.0000829, which is an increase of 886% from the current price.

According to Changelly, Shiba Inu could reach a maximum price of $0.000312 per token by the end of 2023, which is an increase of 3600% from the current price. By the end of 2024, the maximum price could be $0.000437, which is an increase of 5100% from the current price.”

Interesting stuff, but do take into account that math is not Bing AI’s strong point, so do check these numbers for yourself!

Bing AI talks about Tradecurve and market analysts make predictions

I asked Bing AI what it knew about Tradecurve.  It told me this “Based on the sources I found, this is what I know about Tradecurve:

– Tradecurve is a hybrid trading exchange that combines the best elements of centralized and decentralized exchanges.

– Tradecurve enables users to effortlessly trade forex, stocks, commodities and crypto all from one account without the need to fulfill strenuous KYC requirements.

– Tradecurve also has its own native token called TCRV, which has various utilities such as staking, rewards, discounts and burning.

– According to their whitepaper, TCRV has a total supply of 1.8 billion tokens, of which 40% are allocated for public presale. The presale price starts at $0.01 per token and increases by $0.003 for every 250 million tokens sold. The launch price is expected to be $0.088 per token. The presale is currently live and will end on June 30th, 2023 or when all tokens are sold out.

– Tradecurve is described as a borderless and inclusive online trading platform that aims to disrupt the online trading industry. It also offers features such as automated trading, academy, competitions and social trading.

– Tradecurve’s team has passed the KYC verification by Assure DeFi and their smart contract has been audited by Cyber Scape.”

Rather than ask Bing to make price predictions, I decided to look at the current price of the TCRV token and can see that it is up 50% over the last 30 days.  With the minimum launch price set to be $0.088, this is a 489% increase from the current price of $0.015

As Bing AI said, it’s always challenging to predict future prices of a cryptocurrency.  That said, based on its unique business model and the market cap of its competitors, market analysts predict that a further 100x is possible from the launch price, especially once it gets listed on tier-1 exchanges like Binance.

For more information about the Tradecurve presale:

Investors find a new safe haven in Tradecurve, while Bitcoin shows uncertainty

https://thenewscrypto.com/investors-find-a-new-safe-haven-in-tradecurve-while-bitcoin-shows-uncertainty/

The prevailing uncertain market conditions have made it difficult for investors to guess the price direction of Bitcoin (BTC). Besides, its uneven performance in the last few weeks has made investors jittery. Therefore, they are turning toward Tradecurve for better and stable returns. Due to its multiple real-world utilities, the platform is considered the most promising crypto project in 2023.

>>BUY TCRV TOKENS NOW<<

Bitcoin (BTC) Sees Drop In Whale Transactions

Owing to the launch of its Ordinals protocol, Bitcoin (BTC) has witnessed a rollercoaster ride in the last few months. However, such high volatility has deterred whales from active involvement in Bitcoin (BTC) trading. This, in turn, has impacted the overall circulation of Bitcoin (BTC) on exchanges. However, regular Bitcoin (BTC) transactions have reached a new high. Recently, the transaction count surpassed the mark of 512,000.

Currently, Bitcoin’s (BTC) trading price is down by more than 7% on the monthly chart. Bitcoin (BTC) is currently available to trade at $26,750.25, which is 61% below its all-time high of $68,789.63. Meanwhile, the Bitcoin (BTC) network has received its first-ever BRC-20 stablecoin – Stably USD. The BRC-20 stablecoin will be available in more than 200 regions, and 44 US states.

According to experts, the introduction of BRC-20 tokens, which has been possible due to the Ordinals protocol, has been the primary reason behind the volatility of Bitcoin (BTC). The transaction volume of BRC-20 tokens went so high that the Bitcoin (BTC) network suffered a congestion issue. This led to an increase in the gas fees on the Bitcoin (BTC) network, forcing users to look for other less-expensive alternatives.

Tradecurve Is The Best Buy In 2023

More than 23000 cryptocurrencies are currently in circulation, and a report has suggested that the global crypto user base, which increased by 190% between 2018 and 2020, will explode in the coming years. 

Subsequently, there will be a massive demand for crypto exchanges that can facilitate the increasing volume of trade. The newly launched crypto exchange, Tradecurve, is at the forefront to lead the trading industry.

Until now, traders had to create several accounts on multiple platforms to trade different derivatives. But Tradecurve allows the trade of cryptocurrencies, Options, Forex, indices, CFDs, and other derivatives in one place with a single account. 

The platform allows users to create a trading account using an email ID, deposit any crypto as collateral, and start trading instantly.

Besides, traders are getting apprehensive about the existing crypto exchanges due to recent tumultuous events like the collapse of the FTX exchange, the bankruptcy of Bittrex, and grave accusations against Binance. Hence, Tradecurve has emerged as a natural choice among traders, and is set to become a leader in this industry.

The utilization of algorithms and artificial intelligence on the platform helps users in making profitable investment decisions. TCRV tokens will power the ecosystem, and its owners will get bonuses, discounts, and exclusive rewards. Also, they can earn additional rewards by staking their tokens to the platform’s liquidity pool.

The platform is set to raise more than $20 million during the presale round, which has completed the first two stages. You can now lock a token at $0.015.

For more information about TCRV presale tokens:

Pepe Memecoin Continues to Follow Price Decline

https://thenewscrypto.com/pepe-memecoin-continues-to-follow-price-decline/

  • Pepe coin witnessing a downfall in price, post the Coinbase controversy.
  • Coinbase’s damage control involves apologies from the legal spokesperson.

Pepe, the frog-themed memecoin is witnessing a downfall in price as well as in token holders. Post the controversy between the Coinbase exchange and Pepe coin, this is a sink for the token’s fame.

PEPE Price Chart (Source: CMC)

In earlier weeks, the token stood out among the alt and memecoin community, for establishing high standards. Which includes being listed by the Binance exchange, gaining a position in the top 100 cryptocurrency list, and skyrocketing in trading price. The situation has turned upside down now.

Despite the damage control strategies by Coinbase and Pepe, the effect of the statement “Hate Symbol” is still there. Coinbase’s damage control involves the apologies submitted via their legal spokesperson. Whereas, Pepecoin continues to post tweets on spreading love.

Coming to the trading movements in the crypto market, PEPE coin’s RSI is over 30, signaling to oversell. The dump of the token is creating fear among the loyal holders, as the RSI indicates 33.53. The token price has been declining for the last 5 days, and the current price is $0.000001177 with a 38.84% drop. 

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Floki Becomes the First Crypto Partner for World Table Tennis Championships

https://thenewscrypto.com/floki-becomes-the-first-crypto-partner-for-world-table-tennis-championships/

  • First-ever table tennis match to have a partnership with virtual assets.
  • The partnership also has certain strategic moves from both parties.

Floki Inu becomes the first cryptocurrency to get partnered with World Table Tennis Finale. The memecoin declared this collaboration in the Twitter profile just an hour before.

ITTF World Table Tennis Championships Finals 2023 is starting from 20 to 28 May 2023 in Durban, South Africa. It will be the first-ever table tennis match to have a partnership with virtual assets. The matches are expected to have 500 million viewership worldwide.

Floki’s gains from this collaboration include advertising the token and gaining the attention of table tennis sports viewers. Games will be conducted at ICC Convention Centre for both singles and doubles categories. 

Floki’s team states:

“This is another unique sports platform for us to engage with our global community, and we look forward to supporting the world’s best table tennis players as they compete for the ultimate prize.” 

The world table tennis’s present motto seems to smooth out the digital transformation process. And the choice of cryptocurrency is apt for it. The partnership also has certain strategic moves, like the Btok collaboration in China.

Floki token’s trading price presently is $0.00003595 with a 3% surge in the last 24 hours. As per CMC, the trading volume is valued at $51,363,496 with a $ 348 million market capitalization.

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FLOKI (FLOKI) Price Prediction 2023 – Will FLOKI Hit $0.0002 Soon?

Coinbase Mentions PEPE as “Hate Symbol” Triggering the Community

https://thenewscrypto.com/coinbase-mentions-pepe-as-hate-symbol-triggering-the-community/

  • “Coinbase Bytes,” an email sent to exchange customers, landed in controversy. 
  • Pepecoin fans and holders are not quite happy with the exchange’s statement.

Coinbase, one of the major cryptocurrency exchanges, might have offended the frog-themed crypto fans. In their weekly newsletter, the “Coinbase Bytes” email sent to the exchange customers landed in controversy. 

The newsletter was based on the crazy sentiment the present crypto market is holding towards memecoin. And as given details about the evolution of the Pepe character used in the PEPE token, Coinbase stated the following description,

“The token is based on the Pepe the Frog meme, which first surfaced on the internet nearly 20 years ago as a comic-strip character. Over time it has been co-opted as a hate symbol by alt-right groups, according to the Anti-Defamation League.”

Pepecoin fans and holders are not quite happy with this statement, though. Twitter is carrying the heat of the #DELETECOINBASE hashtag. Pepe fans are posting screenshots and recordings of Coinbase app deletions from their devices.

Parallely, few are questioning the exchange for an explanation of the statement.

Coinbase and PEPE Struggle

Coinbase’s ex-product manager, Ishan Wahi, was sentenced to two years in jail for insider trading. The sentence was finalized on May 10th by U.S. District Judge Loretta Preska. And the exchange is also facing allegations from the SEC.

Pepe holds the 62nd position and is the third memecoin to be present in the top 100 cryptocurrency lists. The coin is moving downward, with an 11% fall in the trading price in the last 24 hours. Even after being listed on major exchanges like Binance and Gemini, the downfall was not what the community expected.

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Bybit User Number Grew 50% with the Launch of Diverse Products

https://thenewscrypto.com/bybit-user-number-grew-50-with-the-launch-of-diverse-products/

  • From 10 million users in Q3 of 2022, Bybit jumped to 15 million users in May 2023.
  • Bybit was one of the three exchanges to list Sui Network’s native token (SUI).

Bybit, one of the world’s largest cryptocurrency exchanges, doubled its user count within two quarters. From 10 million users in Q3 of 2022, the exchange jumped to 15 million users in May 2023. This 50% growth is estimated to be due to the introduction of various divergent and user-engaging products by the exchange.

Some stupendous partnerships and collaborations have also helped the exchange gain the audience’s attention. Examples are partnership expansion with Paradigm, the crypto derivative platform, and being one of the Principal Team Partners for Oracle Red Bull Racing.

The exchange inaugurated a global headquarters in Dubai in April. And Ben Zhou, CEO of the exchange, remembers it as,

“We are thrilled that our efforts have paid off, with Bybit hitting 15 million users globally just as we opened our global headquarters in Dubai. We are excited to demonstrate our commitment to innovation and growth, solidifying our position as a heavyweight player in the global crypto exchange market.”

Bybit’s Range of Products

Starting with the listing of Sui Network’s native token (SUI) for crowd sale and the introduction of various products for each type of investor. Bybit Lending attracted investors who were keen on earning a yield worth a 3-digit APR.

Bybit’s Position Builder has become a favorite for the top traders as it “allows clients to build positions easily using the full range of derivative products and trading strategies”. The exchange is also joining the Artificial Intelligence race with, the AI program: Tools Discovery.

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Ripple’s (XRP) Price is Sailing in the Green?

https://thenewscrypto.com/ripples-xrp-price-is-sailing-in-the-green/

  • Ripple (XRP) has witnessed a 1.38% surge in the last 24 hours.
  • Global inclusion may be the boost needed for a price surge.

Ripple (XRP) is gaining a fresh push in the trading price after a two weeks decline. In the last 24 hours, the coin has witnessed a 1.38% surge. This may not seem huge, but the start is bringing positive momentum among XRP holders.

Ripple (XRP) Price Surge (Source: TradingView)

As the week began, major cryptos like BTC, ETH, BNB, SOL, ADA, and XRP were traveling in the red. Though there was no significant reason behind this except for memecoins, mainstream cryptocurrencies were stagnant. 

Ripple (XRP) in Dubai

Amidst all this, the United Arab Emirates (UAE) nation has gained the attention of important crypto personalities such as Ripple CEO Brad Garlinghouse and Coinbase CEO Brian Armstrong. The region’s crypto-friendly attributes are world known and the rise of the industry is also booming. Crystal clear and easy regulatory framework in the country is one of the reasons for this popularity.

Ripple’s coordination with the UAE goes back to 2021, at the launch of On-Demand Liquidity (ODL) deployment in the Middle East. At Dubai’s Fintech Summit, XRP’s CEO, Brad, expressed his firm’s notion to expand its operations in Dubai. This global inclusion may be the boost needed for a price surge after a few days. 

Presently, the price of XRP is $0.4278, with $868,235,783 as the 24-hour trading volume. So far, the token has been on the green path since the start of the day. The market cap has also reached $22,192,995,142, with a 1.06% rise.

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SBF Pleads Not Guilty to Criminal Charges Against Him

https://thenewscrypto.com/ftx-sbf-pleads-not-guilty-to-criminal-charges-against-him/

  • SBF approaches the US court to cancel out a few charges against him.
  • Ex-billionaire is also facing civil cases from the SEC and CFTC.

FTX, the devastated crypto exchange firm’s ex-CEO, Sam-Bankman Fried (SBF), is approaching the US court to cancel out a few charges against him. The intelligent fraudster was arrested in the Bahamas on November 20, 2022.

The U.S. Justice Department has filed cases against SBF on eight different counts, which include conspiracy to commit wire fraud on customers and lenders, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud. Apart from these, the ex-billionaire is also facing civil cases from the SEC and CFTC.

Presently, SBF’s attorney has submitted his opposition and pleaded not guilty to certain charges against him, stating them to be “baseless charges”. The SBF legal team has been making certain pleas to U.S. District Judge Lewis Kaplan from time to time, like the plea to postpone the hearing date from March to October.

The plaintiff now has up to 14 days to reply to this notion submitted by SBF. The defendant is under house arrest with his parents, who are California residents.

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UAE Gains Credit From Coinbase CEO

https://thenewscrypto.com/coinbase-news-uae-gains-credit-from-coinbase-ceo/

  • Coinbase’s CEO made a positive remark about the nation’s crypto growth potential.
  • The exchange seeks to attain the goal of 1 billion global crypto users with the UAE’s help.

United Arab Emirates (UAE) country has again impressed a well-known crypto market person. Coinbase’s CEO, Brian Armstrong, made a positive remark about the nation’s crypto growth potential.

In his tweet, Brian mentions the UAE as a country with clear crypto regulations that are beneficial for both business providers and users. The executive team of the Coinbase crypto exchange is on a UAE tour to collaborate with various “policymakers, regulators, partners, web3/crypto founders, and clients”. 

The UAE is the crypto hub for the Middle East, African, and South Asian regions, and Coinbase considers it a strategic hub. The number of blockchain-related products is increasing exponentially as time moves forward.

This specific Coinbase trip covers the agenda of the Dubai Fintech Summit, and meets with Abu Dhabi Global Market (ADGM), Dubai’s Virtual Assets Regulatory Authority (VARA). The platform seeks to attain the goal of 1 billion global crypto users with the UAE’s help.

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Bulls or Bears; What’s the Fate of Crypto Market This Week?

https://thenewscrypto.com/crypto-news-bulls-or-bears-whats-the-fate-of-crypto-market-this-week/

  • Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last 24 hours.
  • Market capitalization fell from $1.24 trillion to $1.2 trillion, taking a 2.13% dip.

The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last 24 hours, respectively. Coming to the trading price stats, BTC is at $28,248.62 and ETH is at $1,869.90 during press time. 

Crypto Heatmap (Source: TradingView)

When compared to the journey of crypto in the bull market of 2021, the tokens have a long way to go. A significant number of coins attained their All-Time High (ATH) during the previously mentioned phase. But appreciation must be made for regaining the position after the disaster it went through in the bear run of 2022

The crypto market capitalization fell from $1.24 trillion to $1.2 trillion, taking a 2.13% dip. Sui (SUI) and PancakeSwap (CAKE) remain the top losers, with an 11.15% and 9.9% loss in the last hours, respectively. Immutable (IMX), Mina (MINA), and Optimism (OP) are also witnessing a 7% drop. 

Experts still believe the year 2023 is giving a fresh start to the devastated crypto market. And investors with periodic and regular investment plans can do well. But the surprises held by 2023 are always foreseen by investors.

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Oggy Inu Cartoon Meme Is Causing a Stir in the Crypto Market

https://thenewscrypto.com/memecoin-news-oggy-inu-cartoon-meme-is-causing-a-stir-in-the-crypto-market/

  • Cartoons from the past decade are also getting into the crypto market.
  • OGGY token price was $0.00000000021, with a 79.59% spike.

Following memes, cartoon characters from the past decade are also getting into the cryptocurrency market. One such recent new edition is the Oggy Inu (OGGY). The memecoin’s emergence doesn’t have an end at all, with the entry and evolution of a set of tokens every day.

The token was launched at the start of April 2023 and has gained momentum in the last week. The coin has taken position among the trending tokens in crypto Twitter. Presently, the crypto has 462K tweets and retweets.

Overview of Oggy Inu

An important event in the roadmap of OGGY is its trading in the MEXC Global Exchange from the 8th of May, post the Kickstarter, an initiative campaign for the listing of respective tokens. Currently, traders can avail the token from Bitget, PancakeSwap v2 (BSC), and Baby Doge Swap.

Tokenomics mentions 27.3% for Pre-sale and Liquidity, leaving 72.7% Burnt. The 420 quadrillion OGGY is the total supply allocated, of which over 305 quadrillions have yet to circulate. As per the data from BscScan, the value of the token in circulation is $61,072,691.25.

OGGY Price Chart (Source: CMC)

During press time, the trading price of the OGGY token was $0.00000000021, with a 79.59% spike in the last 24 hours. The future of the token is vague, but with growing community support, it may gain some light. 

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Floki Inu Team Warns Users Against Fake FLOKI Airdrops!

https://thenewscrypto.com/floki-news-floki-inu-team-warns-users-against-fake-floki-airdrops/

  • The airdrops of fake meme tokens are increasing day-by-day.
  • Volatility of the meme tokens is high when compared to other digital assets.

Floki Inu team addresses the fake FLOKI airdrop on Twitter. The creation of spoof memecoins is very common if the main token gets major attention in the crypto market. Be it the pioneers’ DOGE, and SHIB, or the latest launched PEPE.

Though the volatility of the meme tokens is high when compared to other digital assets, their fame and reach match these risks. Many well-established cryptocurrencies fail to attain the margin attained by these fun cryptos. This is the reason traders and investors fall prey to fake versions of memecoins.

FLOKI Fake Airdrop

The news about the fake FLOKI airdrop has been going around in the market since the start of 2023. And the Floki Inu team is also updating it regularly so the users are aware of these fake airdrops and sites. The spoof websites and tokens have a very minimal difference and are tough to identify.

The fake FLOKIs’ most recent move is to present themselves as extended members of the Floki Inu deployer team. Additionally, they have reassured 

“$FLOKI is the only token in our ecosystem!”

Coming to the OG Floki, the token has been under surge since last month. After its listing on the largest crypto exchange, Binance, the trading price of the token is $0.00004677, with a 45.19% increase in the last 24 hours. At the time of writing, the market cap is $421,853,519, and the trading volume is $431,487,569.

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Are Snapchat Users Dissatisfied With the “My AI” Feature?

https://thenewscrypto.com/are-snapchat-users-dissatisfied-with-the-my-ai-feature/

  • My AI is an extension of OpenAI’s ChatGPT for Snapchat users.
  • Over 75% of users have rated it one star at both the iOS and Android stores.

Snapchat, the instant messaging application’s “My AI” feature, is not receiving the expected response from the users. My AI is an extension of OpenAI’s ChatGPT for Snapchat users, which intends to reduce the web search burden.

Snapchat is known for the crazy and out-of-the-box filters and features that it brings to its users. Similarly, like every other tech firm, it may have wished to hop on the AI wagon, which acts as the talk of the town. The feature was first launched for Snapchat subscribers and later extended to all regular users.

At the annual partnership meeting on April 19th, the Snapchat team revealed new AR and AI features, one of which was My AI. A week later, the report from TechCrunch shows disappointment among the users. Over 75% of users have rated it one star at both the iOS and Android stores.  

One more discomfort faced by the users is the inability to unpin or delete this feature from their home screen. Few feel it is an invasion of privacy, as the feature appeared on the screen itself without any updates being made by the user. 

A few Snapchat users even made threatening comments in the launch post, stating they would delete the app if the company didn’t delete the feature. Snapchat seems to have learned the lesson of user comfort the hard way.

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Satoshi Bots Use the Power of ChatGPT to Help Crypto Traders

https://thenewscrypto.com/satoshi-bots-use-the-power-of-chatgpt-to-help-crypto-traders/

  • FalconX brings the power of OpenAI’s ChatGPT into crypto trading.
  • FalconX users can gain answers to questions related to trading and investments.

FalconX, a crypto trading platform originating in San Francisco, is inculcating the power of OpenAI’s ChatGPT into crypto trading. The concept of bots is not new to the cryptocurrency market. But AI helping traders is a new initiative, as this may require many codes to be fed to the machine.

FalconX was working on these AI cryptobots prior to the public launch of GPT-4 but was not able to make any groundbreaking inventions. As they got to know about OpenAI’s process, they collaborated together.

The cryptobot takes the “Satoshi” name, the Bitcoin (BTC) founding father. With the use of Satoshi, FalconX users can gain answers to questions related to trading and investments. The AI bot will study the previous pattern and predict the future of crypto assets.

Crypto trading is broadly classified into two types, one is handled by large firms and the other by small-time traders. Corporate firms have access to high-tech equipment and a workforce to do the backend calculations. This leaves the small-time traders behind, and this is the place of operation for Satoshi AI bots.

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Floki Is Now Listed on Bubblemap

https://thenewscrypto.com/floki-is-now-listed-on-bubblemap/

  • Floki’s transparency will be enhanced after the listing on Bubblemaps.
  • Portal’s unique feature lies in making the data easy for users.

Floki is now listed on the supply auditing tool Bubblemaps. This will further enhance the transparency of the token on the ETH and BNB chains. While the holders’ list is already visible on other analytic tools like Etherscan. Bubblemaps visibility is also very user-friendly.

Bubblemaps is a market-trusted platform to track holders’ behavior and their technical insights. The portal’s unique feature lies in making the data easy to understand for the users. Along with cryptocurrency, it also tracks NFT and parallel blockchain data. 

Floki is one of the leading memecoins in the crypto industry, and it’s building its utility day by day. And the crypto token is speculated on in different parts as per CMC data; the token’s price is $0.00003247. After a week’s decline, the coin is now moving forward by 12.26% in price. 

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KuCoin Lost $22,000 Due to a Twitter Hack, Are Other Social Sites Safe?

https://thenewscrypto.com/kucoin-lost-22000-due-to-a-twitter-hack-are-other-social-sites-safe/

  • KuCoin’s Twitter account was compromised for 45 minutes.
  • Twitter hackers got hold of over $22,000 worth of crypto assets.

KuCoin, the crypto exchange’s official Twitter account, was compromised for 45 minutes starting at 00.00 UTC+2 timezone. As per the tweet from KuCoin, the Twitter hack was performed by posting “fake activity”, which caused a number of crypto users to lose their assets.

So far, the exchange has identified 22 miscellaneous transactions with different assets, including BTC, ETH, and USDT. Etherscan transaction history reveals that the Twitter hackers got hold of over $22K in assets.

KuCoin has promised to reimburse all the verified assets that went missing due to the Twitter hack. The platform also verified the safety of all other social media accounts and is tightening up security. The crypto market has a history of Twitter hacks; from Elon Musk to Joe Biden, every high-profile personality’s account was hacked.

And for KuCoin, it is a tough phase, as it is already dealing with a lawsuit filed by the New York Attorney General. With this hack, the platform is going to start a complete investigation and enhance its Twitter account’s security constraint. 

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TikTok Is Becoming a Hub for Crypto Fake News?

https://thenewscrypto.com/tiktok-is-becoming-a-hub-for-crypto-fake-news/

  • TikTok video’s credibility and authenticity of information are queried.
  • Collapse of FTX led to the questioning of many celebs and influencers.

Most youngsters consume cryptocurrency’s latest update from TikTok. Credibility and authenticity of the video information are placed under the question mark. TikTok is the most popular video-streaming social platform for teens and young adults. Also, a fill-in encyclopedia among its audience is the crisp and short information videos. 

We can see millions of followers for TikTok influencers, and the reach and familiarity usually make us forget the deep information they share. Recent studies depict the shocking news that one out of three influencers is providing untrue or false data.

The crypto world has witnessed even celebrities and global icons get into trouble for promoting or expressing support for specific cryptos. Examples of such incidents include lawsuits against Elon Musk, Kim Kardashian, NBA legend Shaquille O’Neal, and so on.

Popular hashtags among the crypto TikTok influencers are crypto, cryptok, cryptoadvice, cryptocurrency, cryptotrading and cryptoinvesting. Such activities of spreading fake news in the medium are also one of the reasons for many countries to ban the app.

Even during the collapse of the noteworthy crypto exchange FTX, many celebs and influencers were pulled out. So, the crypto experts’ advice for beginners is to “Do Your Own Research” in various sources before jumping into investment. Additionally, cross-verifying any online information is also a must. 

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Review of Cryptocurrency Energy Consumption on Earth Day

https://thenewscrypto.com/review-of-cryptocurrency-energy-consumption-on-earth-day/

  • US mining firms consume more electricity than any third-world country.
  • Ethereum’s shift to PoS reduced energy consumption by 99.9%.
  • Blockchain companies that have been carbon conscious are Ecoterra and Chia.

On this Earth Day, let’s look at some of the green cryptocurrencies in the market. The general accusation made against cryptocurrency and its backend technology is high energy consumption. Reports in the past few years have stated that US mining firms consume more electricity than any third-world country.

Proof-of-Work (PoW) mechanism does consume enormous energy due to its complex back-end processing. So as the second most prominent crypto, Ethereum shifted to Proof-of-Stake (PoS) last year, reducing the consumption by 99.9%. Now it is only ~0.0026 TWh/yr, whereas Bitcoin’s consumption is ~100 TWh/yr.

Annual Energy(TWh/yr) Consumption (Source: Ethereum Foundation)

Focusing on some other cryptos, blockchain companies that have been carbon conscious from the start are Ecoterra and Chia. Ecoterra is a “blockchain ecosystem designed to energize climate action.” The platform offers Ecoterra tokens to every user for recycling materials. 

Chia works on a mechanism known as Proof-of-Space-and-Time. The platform is said to be consuming a drastically lesser amount of energy (500 times) than the market lead BTC. Other L2 networks that are energy awake are Cardano, Tezos, Polkadot, Avalanche, Algorand, and Solana.

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Stellar Wallet Makes International Transactions As Simple as Texting

https://thenewscrypto.com/stellar-wallet-makes-international-transactions-as-simple-as-texting/

  • “Pay by Phone” attribute to make the process “as easy as sending a text”.
  • Fifteen regions around the world can make use of this feature.

Stellar’s Vibrant Wallet is easing out the international remittances process. The digital transaction platform Stellar is one of the pioneers in cross-border digital transactions. And now they have come up with a “Pay by Phone” attribute to make the process “as easy as sending a text”.

Pay by Phone is specially designed to make remittance money transfers easy. And the receiver need not have a bank account for it. “Banking the Unbanked” is not their motto; it’s more about giving all TradeFi and DeFi benefits to the unbanked too.

Vibrant users can make transactions in Stellar assets such as USDC, ARST, and XLM. The transaction fee is “nil” for all the transactions they are going to do. Fifteen regions around the world can make use of this feature, which includes the US, Mexico, Argentina, Ukraine, El Salvador, Costa Rica, and Uruguay.

 Remittances in many developing countries are fighting poverty. Developing countries are getting a better financial situation due to it. And Stellar is working to build international stability in commerce. Unlike other corporations, the Stellar Development Foundation uplifts human living conditions.

SUI Blockchain to Launch Mainnet on 1st Week of May

https://thenewscrypto.com/sui-blockchain-to-launch-mainnet-on-1st-week-of-may/

  • SUI mainnet launch is expected on May 3, 2023.
  • Exchanges that support the SUI token are OKX, Kucoin, and Bybit.

SUI layer-1 blockchain announced the launch of its mainnet on May 3, 2023. Though the SUI blockchain is still in the early stages of development, the fame it has gained in the blockchain community is enormous. It has been trending on crypto Twitter for the past four days.

Early this month, the blockchain made a few clarifications regarding its native token’s tokenomics, and its airdrop. Skipping out on the traditional ICO process, the firm opted for the Community Access Program for 594 million SUI tokens.

The sales pricing is also different for the general audience and whitelisted participants. As of now, the crypto exchanges that support the access program are OKX, Kucoin, and Bybit. “supporters and champions” can access tokens for $0.03, and others can get them for $0.1.

Is the United States Losing Major Crypto Firms Like Coinbase?

https://thenewscrypto.com/is-the-united-states-losing-major-crypto-firms-like-coinbase/

  • Coinbase derivative exchanges opening in the coming weeks.
  • US crypto community fears shifting of major crypto enterprises to other parts.

Coinbase, a leading crypto exchange, is expanding its presence and is making potential progress toward that goal. Derivative exchanges of the largest US exchange are expected to open worldwide in the coming weeks. Following the exchange’s approach, “go broad and go deep”, the firm has collaborated with various countries internationally, like Singapore, Brazil, Canada, the UAE, Bermuda, and European territories.

This all happens amidst the SEC’s Wells Notice issuance to Coinbase. Coinbase authorities like its CEO, Brian Armstrong, voiced out for clear and specific regulation rules from the US Securities and Exchange Commission. Concurrently, with the launch of an initiative called Crypto435 Community. The motto was to inform US citizens about recent crypto news, and the number specifies 435 Congressional districts in the US.

The fear in the crypto community is, the shifting of such major enterprises to other parts of the world like Singapore or Dubai. Due to the constraints and strict regulations in the US, Ripple has already mentioned shifting its operations to Canada. Additionally, the CFTC and other government institutions’ attacks are making it more difficult for exchanges like Coinbase.

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Apple Publishes Security Updates to Address Crypto Hack Vulnerability

https://thenewscrypto.com/apple-publishes-security-updates-to-address-crypto-hack-vulnerability/

  • Security and software updates for smartphones and Macs in fear of crypto phishers.
  • Apple seems to have a historical connection with cryptocurrencies.

Apple released new security and software updates for smartphones and Macs in fear of attacks from crypto phishers. Kaspersky’s report on the vulnerabilities and potential lack of protection made Apple take this measure.

Updates to iOS 16.4.1 and macOS 13.3.1 address the two vulnerabilities. CVE-2023-28205 and CVE-2023-28206. Both of these threats pose high-level risks and directly affect Safari, and provide the chance for victimizing product users.

Kaspersky’s report states:

“first (threat) serves to initially penetrate the device so that the second (threat) can be exploited. The second, in turn, allows you to “escape from the sandbox” and do almost anything with the infected device”

In the past year, crypto phishing attacks have increased over a quadrant from 3,596,437 to 5,040,520. The variance of those sites has also grown; every third person in the crypto market has been a victim of phishing.

Hence, the device, which is well-known for its security feature, has the opportunity to let in such bad actors brings in terrifying waves. Apple seems to have a historical connection with cryptocurrencies; the recent discovery of a Bitcoin whitepaper copy in the latest Macs is proof of the above.

So, the users of the iPhone, Mac, iPad, and Apple TV are requested to make the necessary OS update. Similarly, crypto traders can segregate assets like tokens and NFTs into different wallets as a precautionary measure.

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Floki Becomes the First Memecoin to Bag Twitter Golden Check

https://thenewscrypto.com/floki-becomes-the-first-memecoin-to-bag-twitter-golden-check/

  • Floki is the first and only dog-themed crypto to have a golden checkmark.
  • FlokiUltras 2.0 announcement drops with a $37K prize pool.

Floki Inu ecosystem’s official Twitter account gained a golden checkmark. A golden tick in a Twitter account basically means it is a business organization account. Notably, Floki is the first and only dog-themed crypto ecosystem to have this mark. Even Elon Musk’s favorite Dogecoin has only a blue checkmark along with the fellow meme tokens, Shiba Inu, and BabyDogeCoin. 

As the announcement about FlokiUltras 2.0 drops, engagement over the network is increasing. This is the second phase of the guerilla marketing competition organized by the Floki Inu organization, with a $37K prize pool. And the tweet regarding the golden tick is also hinting at some event on 4/20.

Since the start of the week, the crypto market has witnessed the emergence of new meme tokens that are not in the shiba inu doge theme. Tokens like PEPE and MOJAK are promoting themselves as replacements for existing memecoins. One thing that is evident from these is that the craze over these fun and alternative cryptos is not going away any time soon.

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PEPE Memecoin: A Fad or Future?

https://thenewscrypto.com/pepe-memecoin-a-fad-or-future/

  • Pepe’s memecoin has 155K tweets and retweets.
  • Token’s maximum supply is 420,690,000,000,000 PEPE.

The two-decade-old meme cartoon, Pepe the Frog, is creating sensations on crypto Twitter for the past few days. One of the OG meme idol’s fans are fed up with the sounds of Shiba Inu dog memes and cryptocurrencies. Pepe’s memecoin has been the talk of the Twitter and Reddit crypto communities, with 155K tweets and retweets.

On the token’s official website, the roadmap with three different phases is listed. And within four days of launch, the Pepe token had achieved the goals of the first phase. Especially, the goals of 1000+ holders, listing on CoinGecko and CoinMarketCap, along with capturing Twitter fame.

The frog token’s marketing is focused on positioning itself as the replacement for all the doge-related tokens.  Also, the official website’s ‘About’ section states:

“Pepe is tired of watching everyone play hot potato with the endless derivative ShibaCumGMElonKishuTurboAssFlokiMoon Inu coins. The Inu’s have had their day. It’s time for the most recognizable meme in the world to take his reign as king of the memes.”

Etherscan’s current Pepe crypto statistics show 11K+ holders and the token’s maximum supply is 420,690,000,000,000 PEPE. Within days of launch, the token has surged enormously. In the last 24 hours of listing in CMC, the trading price is $0.00000008648, with a surge of over 50%.

Cryptocurrency analysts don’t show much hope for this, as they consider it to be another joke coin without any real-life utility. First dogs, followed by frogs, what is next in line?