Memecoin Frenzy: Shiba Inu (SHIB) Surges 52%, Insider Forecasts 800% Rally in a Week

https://www.beingcrypto.com/memecoin-frenzy-shiba-inu-shib-surges-52-insider-forecasts-800-rally-in-a-week/

In a remarkable turn of events, Shiba Inu (SHIB) experienced a significant surge in price, propelled by a staggering 30,000% increase in burn rate within just 24 hours. This memecoin rally is not exclusive to SHIB, as other memecoins such as Dogecoin (DOGE) and Dogwifhat (WIF) join the celebration.

Key Highlights:

  • Shiba Inu witnesses a 30,000% surge in burn rate, triggering a robust price rally.
  • Lucie, a Shiba Inu insider, predicts an 800% rally within the next week.
  • Dogecoin (DOGE) and Dogwifhat (WIF) contribute to the overall memecoin price rally.

With the broader cryptocurrency market rallying, the memecoin sector experiences a strong upswing. Shiba Inu leads the charge with an impressive 52% gain in the last 24 hours, closely followed by Dogecoin’s 18% surge. Shiba Inu is currently trading at $0.00002.

Shiba Inu (SHIB) Price Rally Details:

  • Shiba Inu (SHIB) price increases by 52.85%, reaching $0.00001976, with a market cap of $11.65 billion.
  • The daily trading volume for SHIB sees a remarkable 93% surge, approaching $4 billion.

The surge in SHIB price is attributed to notable whale activity. Following a substantial sale of PEPE tokens, a whale shifted focus to Shiba Inu, acquiring 75.9 billion SHIB tokens valued at $893,000.

A significant contributor to the SHIB price rally is the unprecedented 30,000% surge in burn rate recorded on March 1st. Over the past 24 hours, 3.75 million SHIB tokens have been burned, reducing the meme coin’s supply and generating increased optimism in the global crypto community. The total burnt tokens from Shiba Inu’s initial supply now stand at around 410.70 trillion SHIB, leaving a circulating supply of 581.65 billion coins.

Lucie, a Shiba Inu ecosystem marketing specialist, anticipates an 800% surge in SHIB price, drawing parallels with the 2021 bull run. This forecast is particularly noteworthy as it envisions a substantial increase within a week, even in the absence of documented burns.

The Memecoin Festival Unfolds:

  • Shiba Inu joins the ranks of memecoins experiencing a surge, following the trends set by Dogecoin, Bonk, Floki, and Pepe, according to on-chain data provider Santiment.
  • Dogecoin (DOGE) continues its rally with an additional 18% gain, surpassing $0.15. Over the past week, DOGE has surged by an impressive 66%.
  • Solana-based Dogwifhat (WIF) emerges as another major player, witnessing a 35% surge in the last 24 hours, reaching $1.25. This extends Dogwifhat’s weekly rally to an astonishing 311%.

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Bitcoin Price Soars to New Highs, Reaching $56,000

https://www.beingcrypto.com/bitcoin-price-soars-to-new-highs-reaching-56000/

27 Feb 2024: The price of Bitcoin, the world’s leading cryptocurrency, surged on Tuesday, February 27th, 2024, reaching a new high of $56,000. This marks a significant milestone for Bitcoin, which has been on a tear in recent months, driven by several factors, including:

Increased institutional adoption: Major financial institutions are increasingly investing in Bitcoin, seeing it as a valuable asset class.

Growing demand from retail investors: Retail investors are also showing increased interest in Bitcoin, attracted by its potential for high returns.

Scarcity: With a limited supply of 21 million Bitcoins that will ever be created, scarcity is driving up the price of the cryptocurrency.

Inflation hedge: Some investors are turning to Bitcoin as a hedge against inflation, as traditional assets like stocks and bonds become less attractive.

Analysts believe that the price of Bitcoin could continue to rise in the coming months and years, as it becomes more widely adopted and accepted as a mainstream form of payment. However, they also warn of the inherent volatility of the cryptocurrency market, and advise investors to exercise caution before investing in Bitcoin.

Here are some additional points to consider:

The price of Bitcoin is highly volatile and can fluctuate significantly in a short period.

Bitcoin is not regulated by any government or financial institution, which means that there is no guarantee of its value.

Investing in Bitcoin carries a high degree of risk, and investors should only invest what they can afford to lose.

Overall, the recent surge in the price of Bitcoin is a significant development for the cryptocurrency market. However, it is important to remember that Bitcoin is a volatile asset, and investors should carefully consider the risks involved before investing.

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Security Breach at FixedFloat Results in $26 Million Crypto Loss

https://www.beingcrypto.com/security-breach-at-fixedfloat-results-in-26-million-crypto-loss/

FixedFloat, a decentralized exchange, fell victim to a drainer attack on February 18, 2024, resulting in the loss of approximately 1,728 Ethereum (ETH) and 409 Bitcoin (BTC), valued at over $26 million. The attacker skillfully redirected the stolen funds to various Ethereum and Bitcoin addresses.

In the aftermath of the incident, security researchers at Officer’s Notes provided insights into the breach. The hacker orchestrated the movement of ETH to multiple addresses and eventually to the eXch exchange. Furthermore, the stolen funds were transferred to two HitBTC addresses, which had initially received ETH deposits almost simultaneously in 2021. Notably, the BTC was distributed across multiple addresses.

Officer’s Notes raised the possibility that the hacker might be attempting to frame the owner of the HitBTC addresses, as no commonalities were found between them, except for the address controlled by the hacker. The investigator speculated that the hacker deliberately created a false trail.

FixedFloat acknowledged the breach and stated that they were in the process of recovering from the incident. However, they refrained from making public comments at the time, emphasizing their focus on eliminating vulnerabilities, enhancing security measures, and conducting a thorough investigation.

The recent attack on FixedFloat is part of a concerning trend in the cryptocurrency space, with an increase in drainer attacks. Singapore authorities have issued warnings about a new drainer scam affecting crypto airdrop recipients, facilitated by drainer kits available on the darknet.

Crypto security firm BlockAid reported a surge in Solana wallet attacks, where hackers imitate genuine wallet responses during transactions. In a separate incident, hacking group Angel Drainers executed a Safe Vault attack, stealing $403,000.

The rise in drainer attacks has been evident in recent weeks, with a $900,000 Chainlink (LINK) token heist and reports from Scam Sniffer indicating that wallet drainers pilfered $295 million from 340,000 users in the previous year. The crypto community remains on high alert as security challenges continue to escalate.

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Solana Network Based Meme Coins Experience Meteoric Rise

https://www.beingcrypto.com/solana-network-based-meme-coins-experience-meteoric-rise/

In the fast-paced world of cryptocurrency, a new meme coin has emerged within the Solana (SOL) network, creating seismic ripples across the industry.

Despite the transient nature of meme coins in the limelight, these assets continue to captivate investors with their potential for extraordinary gains.

Surge of Solana Meme Coins

A notable player in this space, Dogecoin (not to be confused with the original DOGE), witnessed a staggering surge in value, skyrocketing an astounding 1,401,490% in a single day. However, as of the latest update, it has retraced back to its previous levels.

DEXtools data reveals Dogecoin’s current market capitalization at $86,160, with liquidity at $25,530 and a 24-hour trading volume of $60,000.

The surge of Dogecoin on Solana aligns with a broader uptrend in the ecosystem. Nonetheless, potential investors are advised to approach with caution, given Dogecoin’s relatively low liquidity. Low liquidity introduces increased volatility, presenting challenges for traders seeking to enter or exit positions.

Another meme coin making waves on the Solana blockchain is Dogwifhat (WIF), which has experienced an unprecedented surge, catapulting by over 25% in the past 24 hours alone. This surge has generated significant excitement within the crypto community.

WIF’s remarkable ascent coincides with the broader uptrend in the crypto market, fueled by Bitcoin breaching the $50,000 threshold and the onset of what many refer to as the altcoin season. However, the surge in WIF’s price is attributed to an unexpected source—the iconic basketball player LeBron James and his choice of outfit.

LeBron unintentionally influenced Dogwifhat’s surge by wearing a hat resembling the Dogwifhat meme after a game. This seemingly simple act sparked a wave of memes, speculation, and discussions among the crypto community, even in the absence of any comments or endorsements from LeBron himself.

“LeBron singlehandedly pumped $WIF to $0.40 today. We’re so back,” a pseudonymous X user Clemente said.

Clemente (X User)

In addition to Dogwifhat, Smog (SMOG), another Solana-based meme coin, has surged by over 2,500% within just one week. The dynamic landscape of meme coins on Solana continues to capture the attention of investors as the crypto market experiences these rapid and fascinating developments.

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What Impact Can AI Have on NFT and Crypto Marketing? A Revolution Just Beginning

https://www.beingcrypto.com/what-impact-can-ai-have-on-nft-and-crypto-marketing-a-revolution-just-beginning/

The worlds of NFTs and cryptocurrencies are constantly evolving, and with them, the need for innovative marketing strategies. Enter artificial intelligence (AI), a technology poised to revolutionize the way we market these new digital assets. From personalized recommendations to fraud detection, AI offers a unique set of tools that can transform NFT and crypto marketing, enhancing both effectiveness and reach.

Personalized Experiences Drive Higher Engagement

Imagine a world where potential NFT collectors receive curated recommendations based on their specific interests and past interactions. AI-powered algorithms can analyze vast amounts of data, identifying user preferences and suggesting relevant NFTs with uncanny accuracy. This personalized approach increases engagement, driving collectors towards NFTs they truly value, while simultaneously boosting platform traffic and sales.

Content Creation Goes AI-Powered

NFTs aren’t just static images; they can be dynamic, evolving pieces of art. AI can play a crucial role in generating unique and engaging content for these NFTs, whether it’s crafting dynamic descriptions that adapt to user behavior or even creating entirely new artwork based on specific themes or styles. This opens up exciting possibilities for artists and collectors alike, fostering a more interactive and immersive experience.

Fraud Detection and Security Take Center Stage

The decentralized nature of NFTs and cryptocurrencies creates unique security challenges. AI can be a powerful tool in combating fraud and protecting both creators and collectors. Advanced algorithms can analyze transactions, identify suspicious activity, and flag potential scams before they occur. This not only safeguards the integrity of the ecosystem but also builds trust and confidence among users, essential for long-term adoption.

Predictive Analytics for Informed Decisions

The NFT and crypto markets are inherently volatile, making sound decision-making crucial for success. AI can analyze historical data and current trends to predict future market movements, offering valuable insights to both creators and investors. This information can be used to optimize pricing strategies, identify promising projects, and navigate the market with greater confidence.

Beyond the Horizon: AI’s Untapped Potential

While these are just a few examples, the potential applications of AI in NFT and crypto marketing are vast and still being explored. AI-powered chatbots can provide personalized customer support, while social media analysis can reveal valuable insights into community sentiment. The possibilities are limitless, and as AI technology continues to advance, we can expect even more transformative applications to emerge.

However, it’s important to acknowledge the potential challenges. Ethical considerations regarding data privacy and bias in algorithms need careful attention. Additionally, relying solely on AI can stifle human creativity and decision-making. The key lies in striking a balance, leveraging AI’s strengths while maintaining human oversight and control.

In conclusion, AI is poised to significantly impact the future of NFT and crypto marketing. By offering personalized experiences, generating dynamic content, enhancing security, and providing valuable insights, AI can revolutionize the way we engage with these exciting new technologies. As the industry evolves, embracing AI responsibly and creatively will be key to unlocking its full potential and building a thriving ecosystem for everyone involved.

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Solana Chapter 2: 100,000 Pre-Orders Signal Crypto Phone Craze, But Is It Airdrop Addiction?

https://www.beingcrypto.com/solana-chapter-2-100000-pre-orders-signal-crypto-phone-craze-but-is-it-airdrop-addiction/

Solana’s Chapter 2 phone has shattered expectations, exceeding 100,000 pre-orders in just over a month. This surpasses the sales of its predecessor, the Saga, solidifying Solana’s position in the emerging crypto-enabled smartphone market. But what’s driving this demand? Is it genuine interest in crypto phones, or the allure of potential airdrops?

Affordability and Focus Drive Appeal:

The Chapter 2 boasts a strategic $450 price tag, a significant drop from the Saga’s initial $1,000, making it more accessible. This, coupled with a $45 million development fund fueled by pre-orders, demonstrates Solana’s commitment to creating a viable, feature-rich device.

Beyond the Specter of the Saga:

Solana learned from the Saga’s initial struggles. While airdrops like BONK boosted sales, Yakovenko acknowledges the need for compelling crypto-specific features beyond airdrop incentives. Chapter 2 focuses on deeply integrating crypto functionality into the core user experience, aiming to carve out a distinct niche in the smartphone market.

The Airdrop Question:

The pre-order surge raises doubts about the true motivator behind demand. Are people eager for a genuinely innovative crypto phone, or solely focused on potential airdrops? While airdrops have proven effective in the past, relying solely on them for long-term success might be unsustainable.

Looking Ahead:

The overwhelming interest in Chapter 2 signifies a burgeoning demand for crypto-integrated devices. However, sustained success hinges on delivering practical value beyond airdrops and fostering a vibrant ecosystem of crypto-specific applications. As Solana navigates this space, it will be crucial to strike a balance between attracting mainstream users and catering to the core crypto community.

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India’s Bold Move: Government Bans Foreign Cryptocurrency Exchanges, Including Binance and KuCoin

https://www.beingcrypto.com/indias-bold-move-government-bans-foreign-cryptocurrency-exchanges-including-binance-and-kucoin/

In a surprising turn of events, the Indian government has recently announced a ban on foreign cryptocurrency exchanges operating within its borders. This sweeping decision has sent shockwaves through the global crypto community and sparked intense debates on the future of digital assets in one of the world’s most populous nations.

The Ban:

The ban specifically targets foreign exchanges, with major players like Binance and KuCoin finding themselves on the list of prohibited platforms. This move comes as a part of the government’s broader efforts to regulate the rapidly growing cryptocurrency market in India.

In a significant move, the Indian government has taken strict measures against foreign cryptocurrency exchanges, including major platforms such as Binance and KuCoin. The ban extends beyond trading platforms, as the Apple App Store has removed the Binance app and other related applications, signaling a comprehensive crackdown on cryptocurrency activities. Furthermore, Android versions of these apps are slated to be taken down as well. In a bid to strengthen regulatory control, the government has also banned the URLs associated with these exchanges. This decisive action comes amid concerns about the potential risks associated with unregulated cryptocurrency trading, aiming to protect investors and curb the illicit use of digital assets. The move reflects the government’s commitment to establishing a secure and transparent framework for cryptocurrency transactions within the country.

Reasons Behind the Ban:

Investor Protection:

The government cites concerns over investor protection as a primary reason for the ban. With the volatile nature of cryptocurrencies, the absence of stringent regulations has often left investors vulnerable to scams and fraudulent activities.

Money Laundering and Fraud Prevention:

Another significant concern is the potential misuse of digital assets for money laundering and other illicit activities. The government aims to curb such activities by restricting access to foreign exchanges that may lack robust KYC (Know Your Customer) procedures.

Financial Stability:

The government is also looking to maintain financial stability by bringing the crypto market under its purview. The unregulated nature of cryptocurrencies poses a risk to the traditional financial system, and the ban is seen as a step towards mitigating these risks.

Impact on Investors:

The ban on foreign exchanges has left many Indian crypto investors in a state of uncertainty. Those who have accounts on platforms like Binance and KuCoin are now faced with the challenge of finding alternative avenues to trade and manage their digital assets.

Additionally, the ban could lead to a significant drop in liquidity for certain cryptocurrencies, impacting their market values. Investors who have diversified their portfolios with assets available on foreign exchanges may experience short-term losses.

India’s Cryptocurrency Policy:

This move is not the first of its kind in India’s evolving stance on cryptocurrencies. The government has been actively working on formulating a comprehensive regulatory framework for digital assets. The ban on foreign exchanges can be seen as a strategic step towards asserting control over the crypto landscape within the country.

Future Outlook:

While the ban on foreign exchanges has created a stir, it is crucial to note that the Indian government has expressed its intention to introduce a regulatory framework for cryptocurrencies. This could potentially open the door for the re-entry of foreign exchanges under specific regulatory guidelines.

Conclusion:

India’s decision to ban foreign cryptocurrency exchanges, including industry giants like Binance and KuCoin, underscores the government’s commitment to regulate and secure the rapidly growing crypto market. As the nation navigates through these uncharted waters, the global crypto community eagerly awaits further developments and insights into India’s evolving cryptocurrency policy.

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Unveiling the World of Options Trading in Cryptocurrency: A Guide to Profitable Ventures

https://www.beingcrypto.com/unveiling-the-world-of-options-trading-in-cryptocurrency-a-guide-to-profitable-ventures/

Cryptocurrency has revolutionized the financial landscape, offering unique opportunities for investors to explore innovative avenues. Among these, options trading stands out as a dynamic and potentially lucrative strategy. In this blog post, we’ll delve into the realm of options trading in cryptocurrency, unraveling its intricacies, and providing insights on how to harness its potential for earning money.

Understanding Options Trading:

Options trading involves the buying and selling of financial contracts, known as options, that grant the holder the right (but not the obligation) to buy or sell an asset at a predetermined price within a specified time frame. In the context of cryptocurrency, this could involve popular digital assets like Bitcoin or Ethereum.

Key Concepts in Options Trading:

Call Options: A call option gives the holder the right to buy the underlying asset at a predetermined price before the expiration date. Traders often use call options when they anticipate the price of the cryptocurrency will rise.

Put Options: Conversely, a put option grants the holder the right to sell the underlying asset at a predetermined price before the expiration date. Traders may opt for put options when they expect the price of the cryptocurrency to fall.

Strike Price: This is the price at which the option holder can buy or sell the underlying asset. It plays a crucial role in determining the profitability of the option.

Expiration Date: Options contracts have a specified expiration date, beyond which they become null and void. Traders need to consider the time factor when engaging in options trading.

Strategies for Earning Money:

Covered Call Strategy: This involves holding the underlying cryptocurrency while simultaneously selling call options. It’s a conservative approach that generates income from the premiums of the sold options.

Protective Put Strategy: Investors can use put options to protect their cryptocurrency holdings from potential price declines. By purchasing put options, they create a safety net that limits their losses.

Long Straddle Strategy: This strategy involves buying both a call and a put option with the same strike price and expiration date. Traders deploy this strategy when they anticipate significant price volatility but are uncertain about the direction.

Risk Management in Options Trading:

While options trading presents opportunities for profit, it comes with inherent risks. It’s crucial for traders to implement effective risk management strategies, including setting stop-loss orders, diversifying their options portfolio, and staying informed about market trends.

Educational Resources and Platforms:

For those new to options trading in cryptocurrency, numerous educational resources and trading platforms offer valuable insights and tools. Platforms like Coinbase, Binance, and Deribit provide options trading services, accompanied by educational materials to empower traders.

Conclusion:

Options trading in cryptocurrency opens a door to innovative strategies for earning money in the digital asset space. By understanding the key concepts, exploring various strategies, and practicing prudent risk management, investors can navigate this dynamic landscape and potentially reap significant rewards. As with any financial endeavor, it’s essential to stay informed, continually learn, and adapt to the evolving cryptocurrency market.

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Find Dragon’s Treasure in the 1xBit’s Tournament!

https://www.beingcrypto.com/find-dragons-treasure-in-the-1xbits-tournament/

Mysterious East reveals a new legend. Dragons keep the ancient riches and only the bravest warriors will share them. Are you brave enough?

Celebrate this new year with the latest tournament held on 1xBit – DRAGON’S TREASURE. If you have been a beneficiary 1xBit’s earlier tournaments, you should know already there is loads of prizes to be won.

To key into this tournament, all you are required to do is play any of your favourite slots from any provider. The more you play, the more tournament points you gain, helping you climb stages on the leaderboard with the winning prizes in goal. The higher you go up the leaderboard, the higher your rewards.

The tournament offers a mouthwatering prize pool of 600 mBTC + 300 FS to be distributed among 20 lucky winners. To climb as high as the 1st – 3rd place, you are expected to hit or surpass stage 10, which comes with a generous reward of 80 mBTC. The lowest-earning winners will be those who fall between 15th and 20th place (Stage 3 required), with the expected rewards being FS (70-35).

So, if you are looking to hit it big in this tournament, there is no better way than to play as many slot rounds as possible to give you a fighting chance. Get ready as it’s about to get fiery on 1xBit!

1xBit Benefits

Asides from the tournament discussed above, there is more you stand to gain joining 1xBit:

Availability of the Most Renowned Providers

Excellence is one language 1xBit speaks and understands fluently. This explains its efforts towards ensuring there are just not enough slots to play, but instead enough to play from some of the best providers in the gaming industry.

7BTC Welcome Bonus

One of 1xBit’s major selling points is its benevolence which particularly reflects in the generosity of its welcome offer. As a new user on the platform, you are set up to earn as much as 7 BTC on your 1-4th deposits, boosting your bankroll and increasing your winning chances.

No KYC Required

If you are someone who takes preference in keeping a low profile while handling your betting activities, then 1xBit presents a haven for you. The brand, in line with its decentralization model, allows you to register a betting account swiftly without having to fill in your personal details.

Fast Payout

Nothing sweeter than getting your cashout in no distant time from when you processed it from your betting account. 1xBit’s sole use of crypto-only methods allows users to make speedy withdrawals that are processed in less than a day. Expectedly, this perk has pulled a clout following of users to the brand.

Conclusion

Looking to get more updates about 1xBit? Check out the following social media channels:

X (Twitter) | Instagram | Telegram

About 1xBit

Established in 2016, 1xBit is a pacesetter in the online gambling industry that has revolutionized the space by being one of the first brands that focuses on applying only crypto-based payment methods for transactions.

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Vitalik Buterin’s Major Move: Liquidating Trillions of Meme Tokens Shakes the Crypto Market

https://www.beingcrypto.com/vitalik-buterins-major-move-liquidating-trillions-of-meme-tokens-shakes-the-crypto-market/

Ethereum co-founder Vitalik Buterin has executed substantial sales of meme coins, specifically Doberman (DOBE) and DOJO. Blockchain security firm PeckShieldAlert tracked these transactions, revealing the extensive scale of this liquidation.

Large-Scale Token Swapping Observed

The transactions involved a staggering number of tokens, with 100,000,000,000,111.11 DOBE and 1,858,140,000,000 DOJO tokens being swapped. The move by Buterin’s linked address to liquidate these holdings has caught the attention of market watchers and investors alike. The significance of this activity lies in the volume of tokens involved and the impact it could have on the meme coin market.

Buterin’s wallet, known for accumulating many memecoins, often received these tokens from memecoin developers seeking legitimacy. This strategy by memecoin creators led to Buterin’s wallet amassing millions in value of these digital assets, with no restrictions on their potential liquidation.

Image Source: Coingecko

In this recent action, the address linked to Buterin converted 100,000,000,000,111.11 DOBE into approximately 10.44 ETH, equating to about $36,228.60 at the transaction’s time. Similarly, the DOJO tokens were exchanged for 3.1258 ETH. These transactions were executed using the Uniswap V2 platform, with Wrapped Ethereum (WETH) as the liquidity medium.

Vitalik Buterin’s Cryptocurrency Movements

This recent activity is part of a broader pattern of significant transfers and sales from wallets associated with Vitalik Buterin. In September, a movement of 2,000 ETH, valued at around $3.1 million, was recorded from Buterin’s address to an account known for deposits to the Bitstamp exchange. This transfer and other high-profile transactions have fueled speculation about Buterin’s intentions and strategies regarding his cryptocurrency holdings.

However, it’s important to note that not all transfers from Buterin-linked addresses signify liquidation. These movements are sometimes part of broader initiatives, including funding research projects or collaborating with partner entities. This was highlighted in November of the previous year when Buterin refuted claims of selling 3,000 ETH, indicating that not all transactions should be immediately categorized as liquidation efforts.

The cryptocurrency community often scrutinizes Buterin’s transactions due to his influential status within the industry. As a key figure in the development of Ethereum, his actions, particularly regarding token holdings and transfers, are closely observed for potential market impact.

Buterin’s liquidation of DOBE and DOJO tokens could have various implications for the meme coin market. These digital assets, often characterized by their viral nature and community-driven value, can be significantly affected by large-scale transactions from prominent figures like Buterin.

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SpaceCatch Presale Breaks Through $1.6M, FOMO Fueling Investor’s Enthusiasm

https://www.beingcrypto.com/spacecatch-presale-breaks-through-1-6m-fomo-fueling-investors-enthusiasm/

A few days after SpaceCatch announced the completion of the first phase of its $CATCH token presale, raising $600,000, SpaceCatch has swiftly crossed the halfway mark of its targeted fundraising amount of $2.2 million, already reaching $1.6 million.

The first phase of their presale, when they raised $600,000, was wrapped up in under 10 days. Following that, they have already reached $1.6 million raised, intensifying the excitement and FOMO, highlighting the noteworthy potential of SpaceCatch.

SpaceCatch Presale Hits Impressive Targets – Raises $1.6M+ in Total and $400K in the Last 72 Hours

In a noteworthy update of the news provided by SpaceCatch during last weeks, SpaceCatch, a crypto project at the corner of blockchain gaming, Augmented Reality (AR), and Virtual Reality (VR), disclosed yesterday that it secured over $1.5 million within its ongoing token presale event. 

The announcement was shared on December 14, 2023, via SpaceCatch’s Twitter account, and in the subsequent 72 hours, an additional $400,000 was raised, bringing the total to $1.6 million.

As per the latest update, SpaceCatch has successfully reached the $1.6 million mark in the presale, marking significant progress toward its ultimate fundraising goal of $2,200,000.

The most stunning aspect is that the last $400,000 was secured during the previous 72 hours, showcasing the authentic FOMO and the strong commitment of early investors to this project. It highlights the power of a supportive community where members genuinely believe in the project and are eager to contribute to its growth, irrespective of challenges.

Considering the current momentum, early investors may want to act swiftly to buy $CATCH at the existing price of $0.08. With less than $600,000 left to raise, the upcoming launchpad round will offer $CATCH tokens starting at $0.09, so the current stage provides an enticing opportunity for those looking to purchase $CATCH at a more favorable price.

Moreover, investors engaging in the presale not only acquire $CATCH tokens but also enjoy exclusive access to all upcoming events and initiatives within the CATCH ecosystem. 

As the value of the $CATCH continues to rise, early investors are poised to capitalize on a potentially lucrative opportunity.

The Buying Process of $CATCH

For those individuals interested in kickstarting their journey as an early investor in the $CATCH tokens presale, they must:

  1. Ensure they have one of the supported wallets. They can find a list of supported wallets on SpaceCatch’s website under the “Connect Wallet” button.
  2.  Click “Connect Wallet” and choose the appropriate option. After linking a wallet, they’ll have three choices:
  • Buy CATCH with ETH: They must have enough ETH in the crypto wallet (minimum of $50). Enter the ETH amount they want for CATCH, click “Buy now,” and confirm the transaction, considering the displayed gas cost.
  • Buy CATCH with USDT: They must enter the USDT amount for CATCH, click “Buy now,” and approve the purchase.
  • Buy CATCH with Card: Click the “Buy with card” button, enter the necessary details, and confidently purchase CATCH. Note that this option isn’t available right now but will be available soon.

About SpaceCatch

SpaceCatch is a crypto game incorporating various technologies and gaming models, crafting one of the most captivating blockchain-based games to date. With a primary focus on augmented reality (AR) and virtual reality (VR), SpaceCatch has rocked a universe with an exceptionally intriguing narrative.

In the SpaceCatch universe, aliens have invaded our world, and the players, known as Catchers, bear the crucial mission of restoring peace to Earth. The aliens possess diverse powers, and while they present a formidable challenge to capture, players can enhance their abilities to compete with them effectively.

SpaceCatch employs two distinct game models: Play-to-Earn (P2E) and Move-to-Earn (M2E). Both models beckon users to engage in the SpaceCatch galaxy, delving into the complexities of Earth’s alien threat. Moreover, in the M2E game mode, users can experience the power of AR by seamlessly blending the SpaceCatch world with real-life details and surroundings.

Stay Tuned

For more details about SpaceCatch and its ongoing token presale, be sure to visit its official website and stay connected on Telegram, Discord, Twitter, YouTube, Instagram, Medium, and CoinMarketCap

The post SpaceCatch Presale Breaks Through $1.6M, FOMO Fueling Investor’s Enthusiasm appeared first on Being Crypto.

Top 10 Metaverse-Based Coins To Buy For Potential Huge Returns

https://www.beingcrypto.com/top-10-metaverse-based-coins-to-buy-for-potential-huge-returns/

In recent years, the term “metaverse” has become a buzzword in the tech and investment worlds, representing a virtual reality space where users can interact with each other and digital environments. With the rise of the metaverse, a new wave of digital currencies has emerged, providing exciting investment opportunities for those looking to capitalize on the growing virtual economy. In this blog post, we’ll explore the top 10 metaverse-based coins that show promising potential for significant returns.

1. Decentraland (MANA)

Decentraland is a virtual world built on the Ethereum blockchain, allowing users to buy, sell, and develop virtual real estate. The platform has gained popularity for its decentralized nature and user-driven content, making MANA a key player in the metaverse.

2. Enjin Coin (ENJ)

Focused on gaming and the metaverse, Enjin Coin allows developers to integrate blockchain assets into their games and virtual experiences. With a strong community and partnerships, ENJ has the potential for widespread adoption in the evolving metaverse landscape.

3. The Sandbox (SAND)

The Sandbox is a decentralized virtual gaming world where users can create, own, and monetize their gaming experiences. SAND tokens are used for transactions and governance within the platform, making it an integral part of the metaverse economy.

4. Axie Infinity (AXS)

Axie Infinity is a play-to-earn blockchain game where players can earn cryptocurrency by breeding, battling, and trading fantasy creatures called Axies. AXS is the native token of the Axie Infinity ecosystem, and its value is tied to the success and growth of the game.

5. Chiliz (CHZ)

Chiliz operates the Socios.com platform, allowing users to participate in the decision-making of their favorite sports teams through blockchain-based fan tokens. With partnerships with major sports clubs, CHZ has the potential to thrive in the metaverse as sports and entertainment merge with blockchain technology.

6. Flow (FLOW)

Developed by Dapper Labs, Flow is a blockchain designed for high-performance decentralized applications (DApps) and digital assets. Flow powers popular metaverse experiences like NBA Top Shot, showcasing its scalability and potential for broader metaverse applications.

7. Theta Fuel (TFUEL)

Theta Fuel is the utility token of the Theta Network, a decentralized video delivery network. As the metaverse demands high-quality streaming and content delivery, TFUEL could play a crucial role, making it an attractive investment.

8. Immutable X (IMX)

Immutable X is a Layer-2 scaling solution for NFTs on the Ethereum blockchain, providing fast and gas-free transactions. With the growing importance of NFTs in the metaverse, IMX aims to streamline the trading and ownership of digital assets.

9. MANTRA DAO (OM)

MANTRA DAO is a decentralized finance (DeFi) platform that also focuses on governance and staking. As the metaverse expands, the need for decentralized financial services within virtual worlds could drive the demand for OM tokens.

10. Polkadot (DOT)

While not exclusive to the metaverse, Polkadot’s interoperability and scalability make it a strong contender for supporting metaverse ecosystems. As various metaverse projects seek cross-chain compatibility, DOT’s role in connecting different blockchain networks could be pivotal.

Conclusion

The metaverse is rapidly evolving, and investing in metaverse-based coins comes with its risks and rewards. It’s crucial to conduct thorough research, stay informed about market trends, and consider the long-term potential of each project. As always, diversification and responsible investing are key strategies for navigating the dynamic landscape of the metaverse economy.

The post Top 10 Metaverse-Based Coins To Buy For Potential Huge Returns appeared first on Being Crypto.

Is It a Good Time to Invest in Bitcoin (BTC) for the Long Term?

https://www.beingcrypto.com/is-it-a-good-time-to-invest-in-bitcoin-btc-for-the-long-term/

Bitcoin (BTC), the first and most well-known cryptocurrency, has garnered significant attention over the past decade. Since its inception in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto, Bitcoin has seen remarkable price fluctuations, making it a subject of both fascination and skepticism. The question on many investors’ minds is whether now is a good time to invest in Bitcoin for the long term. To answer this question, one must consider several factors.

1. Maturing Market:

Bitcoin has evolved from an experimental digital currency to a more established and recognized asset class. Institutional interest, mainstream media coverage, and increasing acceptance from businesses have contributed to its legitimacy. This maturation suggests that Bitcoin could have a place in a diversified investment portfolio.

2. Limited Supply:

One of the most compelling features of Bitcoin is its capped supply of 21 million coins. This scarcity is in stark contrast to traditional fiat currencies, which can be printed at will by central banks. The scarcity of Bitcoin has the potential to drive demand, which could result in price appreciation over the long term.

3. Store of Value Narrative:

Advocates often compare Bitcoin to digital gold, highlighting its potential as a store of value. In times of economic uncertainty or currency devaluation, investors might turn to Bitcoin as a hedge against traditional financial markets. This narrative has gained traction, especially in the face of global economic challenges.

4. Technological Innovation:

The underlying technology of Bitcoin, blockchain, has revolutionary implications beyond just digital currency. Blockchain has the potential to disrupt various industries by providing secure and transparent record-keeping. Investing in Bitcoin indirectly supports the development and innovation of this groundbreaking technology.

5. Volatility and Risk:

While Bitcoin’s potential for substantial gains is appealing, its extreme volatility is a cause for concern. The cryptocurrency market is known for its wild price swings, which can lead to significant losses if not managed carefully. It’s crucial to recognize that investing in Bitcoin comes with inherent risk and a high degree of uncertainty.

6. Regulatory Landscape:

The regulatory environment surrounding cryptocurrencies is still evolving. Different countries have taken varied approaches, ranging from outright bans to embracing and regulating the technology. Regulatory developments can impact the market sentiment and the long-term viability of Bitcoin as an investment.

7. Timing and Patience:

Investing in Bitcoin for the long term requires a patient mindset. Short-term price fluctuations are inevitable, and it’s essential to focus on the broader trend over an extended period. Trying to time the market perfectly can lead to missed opportunities or unnecessary losses.

8. Diversification:

While Bitcoin’s potential is enticing, it’s important not to put all your investment capital into a single asset. Diversification across different asset classes helps mitigate risk and safeguards your portfolio from the extreme volatility that cryptocurrencies can experience.

In Conclusion:

Deciding whether it’s a good time to invest in Bitcoin for the long term is a complex decision that depends on individual risk tolerance, investment goals, and market understanding. Bitcoin’s potential as a groundbreaking technology and a store of value cannot be denied, but its extreme volatility and uncertain regulatory environment must also be taken into account. If you are considering investing in Bitcoin, it’s advisable to do thorough research, seek advice from financial professionals, and only invest what you can afford to lose. As with any investment, a well-informed and patient approach is key.

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If You Invested $500 in Bitcoin in 2015 Now It Will Become

https://www.beingcrypto.com/if-you-invested-500-in-bitcoin-in-2015-now-it-will-become/

The world of finance has always been filled with stories of incredible gains and heartbreaking losses. Among the tales of triumph and despair, few have captured the public’s imagination quite like the meteoric rise of Bitcoin (BTC). As one of the most well-known cryptocurrencies, Bitcoin’s journey from obscurity to mainstream acceptance has been nothing short of remarkable. For those fortunate or foresighted enough to have invested in Bitcoin back in 2015, the returns have been truly staggering.

In 2015, Bitcoin was still in its relative infancy. Created in 2009 by an individual or group using the pseudonym Satoshi Nakamoto, Bitcoin was initially regarded as an experimental digital currency. Its underlying technology, blockchain, offered a decentralized and secure way to conduct transactions without the need for intermediaries like banks. However, in its early years, Bitcoin was primarily used by a niche group of tech enthusiasts, libertarians, and those intrigued by the concept of decentralized finance.

Fast forward to 2015, and Bitcoin had made some strides toward broader recognition, but it was still far from being a mainstream investment option. At that time, a $500 investment in Bitcoin would have likely translated to acquiring around 2.5 to 3 BTC, given the fluctuations in its value. Little did anyone know that these few BTC could potentially turn into a fortune in just a few short years.

The journey from 2015 to the present day has been marked by extreme volatility, regulatory hurdles, technological advancements, and a growing investor interest in cryptocurrencies. Bitcoin’s price has experienced dramatic swings, with periods of rapid appreciation followed by sharp corrections. This rollercoaster ride has been driven by a combination of factors, including market sentiment, macroeconomic trends, technological developments, and institutional adoption.

As of my knowledge cutoff in September 2021, Bitcoin reached its all-time high price of around $64,000 in April 2021. This astronomical increase from its humble beginnings in 2015 meant that a $500 investment could have transformed into a staggering sum. With Bitcoin’s price fluctuating, it’s important to note that the actual value of that investment would have depended on the timing of selling.

However, it’s crucial to emphasize that the cryptocurrency market is notoriously volatile and speculative. While some early investors in Bitcoin became millionaires or even billionaires, many others experienced significant losses due to mistimed investments or regulatory changes. Predicting the future price of Bitcoin, or any cryptocurrency, remains a challenge that even seasoned financial experts struggle with.

One of the driving factors behind Bitcoin’s price appreciation has been its transition from a fringe technology experiment to a recognized store of value and a potential hedge against traditional financial systems. In recent years, prominent institutional investors, publicly-traded companies, and even governmental entities have shown interest in Bitcoin as a way to diversify their portfolios and protect against inflation.

Additionally, the narrative around Bitcoin has shifted from being solely a means of exchange to being “digital gold.” This narrative suggests that Bitcoin’s scarcity, with a maximum supply of 21 million coins, could lead to its value increasing over time as demand rises. This scarcity is baked into the Bitcoin protocol through its mining process and halving events that reduce the rate at which new coins are created.

The potential for future gains, however, is still accompanied by significant risks. Regulatory uncertainties, technological vulnerabilities, and the evolving nature of the cryptocurrency market make investments in Bitcoin inherently risky. Moreover, the environmental impact of Bitcoin mining has sparked debates about its long-term sustainability.

In conclusion, the story of a $500 investment in Bitcoin in 2015 is a compelling one that highlights both the extraordinary potential and inherent risks of the cryptocurrency market. From its humble beginnings as a fringe technology to its status as a global financial phenomenon, Bitcoin’s journey has captivated the world. While some early investors have reaped substantial rewards, it’s important to approach the cryptocurrency market with caution and a full understanding of the associated risks.

As the cryptocurrency landscape continues to evolve, with new projects and innovations emerging, the lessons from Bitcoin’s history can serve as valuable insights for both seasoned investors and newcomers. The story of Bitcoin reminds us that financial markets are complex, often defying conventional wisdom and that the future of any investment remains uncertain. Whether the next few years bring further appreciation or a different trajectory for Bitcoin, its impact on the financial world is undeniable.

Related Topic: GOSATS India’s First Bitcoin Rewards Card: 1.5% BTC Back on Everything

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GOSATS India’s First Bitcoin Rewards Card: 1.5% BTC Back on Everything

https://www.beingcrypto.com/gosats-indias-first-bitcoin-rewards-card-1-5-btc-back-on-everything/

In recent years, the cryptocurrency market has seen exponential growth, with Bitcoin leading the way as the pioneering digital asset. As cryptocurrencies become increasingly mainstream, more businesses are integrating them into their services. One such groundbreaking development in India’s financial landscape is the GOSATS Bitcoin Rewards Card, which offers users the opportunity to earn 1.5% BTC back on all their purchases. In this article, we will explore the significance of this innovative card, its features, and the potential implications it may have on India’s financial ecosystem.

The Rise of Cryptocurrencies in India

India, like many other countries, has experienced a surge in interest and adoption of cryptocurrencies in the last decade. Bitcoin, as the flagship cryptocurrency, has become the most recognizable and widely accepted digital asset in the world. The technology that underpins cryptocurrencies, blockchain, is seen as a game-changer in various industries, including finance, supply chain, healthcare, and more.

However, despite the growing popularity of cryptocurrencies, India’s regulatory environment for them has been uncertain. The Indian government has expressed concerns about the potential risks associated with digital currencies and has, at times, considered imposing restrictions on their usage. Nonetheless, this has not dampened the enthusiasm of crypto enthusiasts and businesses, as evidenced by the introduction of the GOSATS Bitcoin Rewards Card.

Introducing GOSATS Bitcoin Rewards Card

GOSATS, a leading financial technology company, has made a bold move by launching India’s first Bitcoin Rewards Card. This innovative card allows users to earn 1.5% BTC back on all their purchases, providing an unprecedented way to accumulate Bitcoin while spending on everyday items. With this offering, GOSATS aims to bridge the gap between traditional financial systems and the emerging world of cryptocurrencies.

How the GOSATS Bitcoin Rewards Card Works

The concept behind the GOSATS Bitcoin Rewards Card is relatively simple. Users apply for the card through the company’s platform and link it to their existing bank accounts. Once the card is activated, users can make purchases as they would with any other credit or debit card. The crucial distinction lies in the reward structure.

For every transaction made using the GOSATS Bitcoin Rewards Card, users receive 1.5% of the transaction value back in Bitcoin. This BTC-back feature effectively allows users to invest in Bitcoin passively with their daily spending. The rewards are automatically credited to the user’s digital wallet, where they can accumulate and manage their Bitcoin holdings.

Promoting Financial Inclusion and Cryptocurrency Adoption

One of the significant advantages of the GOSATS Bitcoin Rewards Card is its potential to promote financial inclusion. India has a vast population that remains unbanked or underbanked, limiting their access to financial services. By offering a Bitcoin rewards card, GOSATS is providing an avenue for people without traditional banking facilities to participate in the cryptocurrency market. This democratization of access to digital assets can be a transformative step in fostering financial inclusion and empowering individuals across all economic strata.

Furthermore, the GOSATS Bitcoin Rewards Card might facilitate greater adoption of cryptocurrencies in India. As people become familiar with earning Bitcoin as a reward for their purchases, they may start to explore other aspects of the crypto space, such as investing, trading, and using cryptocurrencies for peer-to-peer transactions. This increased exposure to cryptocurrencies could lead to a more significant number of people embracing digital assets as part of their financial portfolio.

Challenges and Risks

While the GOSATS Bitcoin Rewards Card presents an exciting opportunity for crypto enthusiasts, it is not without challenges and risks. The regulatory landscape around cryptocurrencies in India remains uncertain, and any changes in regulations or policies could impact the usability and functionality of the card. Additionally, the price volatility of Bitcoin and other cryptocurrencies poses risks to users’ accumulated rewards. A sudden price drop could result in a decrease in the value of their earned BTC, potentially leading to disappointment among users.

Security is another critical aspect to consider. Given that cryptocurrencies are digital assets, they are susceptible to cyber threats, and any breaches in security could lead to significant losses for users. Thus, GOSATS must prioritize robust security measures to ensure the safety of users’ funds.

Conclusion

The GOSATS Bitcoin Rewards Card represents a groundbreaking initiative in India’s financial landscape. By offering users the opportunity to earn 1.5% BTC back on all purchases, GOSATS aims to make cryptocurrency accessible to a broader audience and promote financial inclusion. As India explores the potential of blockchain and cryptocurrencies, innovative products like this rewards card could pave the way for greater adoption and integration of digital assets into the mainstream financial ecosystem.

However, as with any new financial product, users must exercise caution and thoroughly understand the risks involved in dealing with cryptocurrencies. The evolving regulatory environment, price volatility, and security concerns must be carefully considered by users before diving into the world of Bitcoin rewards. As the Indian financial landscape continues to evolve, the GOSATS Bitcoin Rewards Card stands as a pioneering step in the integration of cryptocurrencies into everyday transactions.

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Neon EVM Launches on Solana Mainnet

https://www.beingcrypto.com/neon-evm-launches-on-solana-mainnet/

[PARIS] – July 17, 2023 – During ETHCC23, Neon EVM launched on the Solana Mainnet to help close the gap between the different programming, computing, and memory models of Ethereum and Solana, bringing a low-friction solution to allow EVM dApps to settle to Solana.

The Neon EVM program is a smart contract on the Solana blockchain. It accepts wrapped Ethereum-like transactions and processes them on Solana.

Previously, when EVM dApps wanted to leverage low-cost solutions, they had to use a rollup or sidechain. By using Solana as the settlement layer, an EVM is well-placed to outcompete such L2 solutions. The average transaction fee for sending ETH on the Ethereum network is ~$2. The L2s offer between $0.5–$0.1, a saving of 4–20 times. In comparison, Solana’s average transaction fees are ~0.00001 SOL ($0.0002) per transaction, 10,000 times saving. Initial tests of Neon EVM in Devnet demonstrate that the protocol translates these optimizations in practice.

“We are very excited to see Neon EVM live on Solana Mainnet,” says Marina Guryeva, Director of Neon Foundation. “Once we repeat these tests in production, we will present the figures based on the real-world data.”

With the launch of Neon EVM on the Solana Mainnet, the Neon DAO is activated to begin participating in, and influencing the future development of, Neon EVM.

About Neon EVM

Neon EVM is an Ethereum Virtual Machine operating as a smart contract on Solana. It gives developers the power to directly deploy Ethereum dApps with minimal reconfiguration to the code, while benefiting from Solana’s technical advantages. It is built with security, decentralization, and sustainability as core tenants. For more information about Neon EVM and future updates, visit NeonEVM.org and connect with the community on Twitter or Discord.

Links and resources:

  • Find the Neon EVM community on Twitter or Discord
  • To choose a public RPC endpoint, see ChainList
  • For a high-level overview of the technical architecture and features of Neon EVM, the whitepaper is available at NeonEVM.org/whitepaper.pdf
  • View Neon EVM transactions settled to Solana with the NeonScan or BlockScout explorers.
  • IRL: Epic Layer 2 Day, an event for researchers, developers, and enthusiasts dedicated to Ethereum L2 Scaling, see lu.ma/l2paris

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5 Pocket Option Alternatives in Comparison for Traders

https://www.beingcrypto.com/5-pocket-option-alternatives-in-comparison-for-traders/

In this Pocket Option review 2023, we’ll not only explore whether Pocket Option is legit, but also compare it to five fantastic Pocket Option alternatives for traders to consider. Before we dive into the comparison, let’s clarify what Pocket Options is: it’s a popular platform for trading binary options, offering various assets, including cryptocurrencies, stocks, and commodities. With Pocket Option withdrawal and deposit methods being seamless and secure, many traders have flocked to this platform. However, in this article, we will focus on other binary options brokers that can provide similar, if not better, trading experiences.

1. IQ Option

Our first alternative to Pocket Option in this review is IQ Option, which has consistently ranked as one of the top binary options brokers. Founded in 2013, IQ Option provides an intuitive and user-friendly platform for traders, with over 250 assets to trade. As a result, many traders have been asking “is Pocket Option legit?” when compared to IQ Option’s exceptional features.

One key advantage of IQ Option over Pocket Option is its exceptional customer service. While Pocket Option’s customer support is decent, IQ Option takes it up a notch with its 24/7 support in multiple languages. When considering the question, “is Pocket Option legit?”, it’s essential to take into account the alternatives that offer enhanced services, such as IQ Option. Furthermore, Pocket Option withdrawal processes are put to the test when compared to IQ Option’s seamless withdrawal system.

2. Binary.com

Next in our Pocket Option review and comparison is Binary.com. Established in 1999, this veteran binary options broker has built a solid reputation for reliability and integrity. With an extensive range of tradable assets, Binary.com appeals to both novice and seasoned traders.

Binary.com is well-known for its fast and efficient withdrawal processes, which may be an attractive feature for those concerned about Pocket Option withdrawal times. Additionally, Binary.com provides educational resources and market analysis tools, making it a fantastic choice for traders looking to enhance their skills and knowledge. So, if you’re asking yourself, “is Pocket Option legit?”, you should also take a close look at Binary.com.

3. HighLow

HighLow, an Australian-based broker, has made a name for itself as a trustworthy alternative to Pocket Option. Regulated by the Australian Securities and Investments Commission (ASIC), HighLow ensures the safety of its traders’ funds. Many traders have been wondering what is Pocket Options and how it compares to a regulated platform like HighLow.

What sets HighLow apart is its unique, proprietary trading platform that boasts a sleek design and easy-to-use interface. Although some might argue that Pocket Option’s platform is more feature-rich, HighLow’s platform focuses on providing a straightforward experience that still offers advanced charting and analysis tools for more experienced traders. When comparing Pocket Option withdrawal methods, HighLow presents a more transparent and straightforward process.

4. 24option

Our Pocket Option review and comparison wouldn’t be complete without mentioning 24option, another reputable broker in the binary options market. Established in 2009, 24option offers an extensive list of tradable assets and an intuitive trading platform.

One of the main advantages of 24option is its focus on educational resources. With webinars, eBooks, and video tutorials, traders can expand their knowledge while trading. This commitment to trader education may be appealing for those who wish to know what is Pocket Options and how it compares to other binary options brokers in terms of learning opportunities. Moreover, 24option’s withdrawal processes give Pocket Option withdrawal a run for its money, as they are known for being quick and reliable.

5. ExpertOption

Lastly, ExpertOption is a suitable alternative to Pocket Option, with over 100 assets to trade and an easy-to-use platform. Launched in 2014, ExpertOption has quickly gained popularity among traders, primarily due to its social trading feature, which allows users to follow and copy successful traders’ strategies. This has led many to ask, “is Pocket Option legit?” when considering the unique offerings of ExpertOption.

ExpertOption also excels in the customer service department, with responsive and helpful support available 24/7. Additionally, the platform offers a variety of deposit and withdrawal methods, including cryptocurrencies, making ExpertOption an attractive option for traders concerned about Pocket Option withdrawal processes.

In this Pocket Option review, it’s important to highlight that ExpertOption’s withdrawal methods and support give it a competitive edge, further encouraging traders to explore alternatives and ask “what is Pocket Options?” in comparison.

Conclusion

In this Pocket Option review, we’ve compared five excellent alternatives for binary options traders. While we can confirm that is Pocket Option legit, it’s essential to explore other options and weigh their pros and cons before making a final decision. The five brokers we’ve discussed here – IQ Option, Binary.com, HighLow, 24option, and ExpertOption – each offer unique features and advantages that may cater to different trading styles and preferences.

As a trader, you should consider factors such as platform usability, educational resources, customer service, and the range of assets available to trade when choosing a binary options broker. Additionally, be sure to look into each platform’s withdrawal and deposit methods, ensuring that they align with your needs.

Ultimately, your choice will depend on your individual requirements and priorities. By understanding the differences and similarities between Pocket Option and its alternatives, you’ll be better equipped to make an informed decision and find the perfect broker to suit your trading needs. So, whether you’re curious about what is Pocket Options or exploring Pocket Option withdrawal processes, these alternative platforms offer a wealth of options for traders of all experience levels.

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Unveiling SUI: The “Solana Killer” Blockchain Platform

https://www.beingcrypto.com/unveiling-sui-the-solana-killer-blockchain-platform/

The blockchain space has witnessed the rise of various innovative platforms, each vying for dominance and striving to address the limitations of their predecessors. One such platform that has recently gained attention is SUI, a decentralized blockchain protocol that has been dubbed the “Solana Killer” due to its potential to rival Solana’s success. In this article, we will explore what SUI is, its key features, and why it has been labeled as a potential competitor to Solana.

Understanding SUI

SUI is a next-generation blockchain platform designed to provide a high-performance and scalable infrastructure for decentralized applications (DApps) and cryptocurrencies. It aims to address the limitations of existing blockchain networks by leveraging advanced technologies and innovative architectural designs.

Scalability and Speed

One of the primary reasons why SUI has been called the “Solana Killer” is its focus on scalability and speed. Solana gained popularity for its ability to process thousands of transactions per second (TPS) with low latency. However, SUI takes this to the next level by employing a unique sharding mechanism.

Sharding involves dividing the network into smaller, more manageable parts called shards, each capable of processing transactions independently. This approach significantly improves the network’s throughput and allows for parallel processing of transactions, resulting in faster confirmation times. SUI’s sharding technology aims to achieve an unprecedented level of scalability, enabling it to handle a vast number of transactions per second.

Consensus Algorithm

SUI adopts a proof-of-stake (PoS) consensus algorithm, similar to Solana. However, SUI introduces several enhancements to optimize the consensus process. It implements a variant of PoS called delegated proof-of-stake (DPoS), where token holders can delegate their voting power to trusted validators. This design ensures a more efficient and secure consensus mechanism, enabling faster block confirmations and reducing the risk of centralization.

Smart Contract Functionality

SUI supports smart contracts, allowing developers to build decentralized applications on its platform. It utilizes a smart contract programming language that is highly compatible with existing popular languages, making it easier for developers to transition to the SUI ecosystem. By offering robust smart contract capabilities, SUI aims to attract developers and foster the growth of its ecosystem.

Ecosystem and Interoperability

To create a thriving blockchain ecosystem, SUI emphasizes interoperability with other blockchain networks. It seeks to provide seamless integration with different blockchains, enabling cross-chain communication and the transfer of assets between different platforms. This interoperability helps unlock the potential for SUI to become a hub connecting various blockchain ecosystems, amplifying its value and utility.

Why SUI is Called the “Solana Killer”?

The nickname “Solana Killer” stems from SUI’s potential to challenge Solana’s dominance in the blockchain space. With its focus on scalability, high transaction throughput, and improved consensus algorithm, SUI aims to outperform Solana in terms of performance and network capabilities.

While Solana has made significant strides in scalability and speed, SUI’s sharding technology and enhanced consensus mechanism could potentially surpass Solana’s transaction processing capabilities. Moreover, SUI’s interoperability features provide a significant advantage, as they allow SUI to collaborate with other blockchain networks seamlessly.

However, it’s important to note that the term “Solana Killer” is not meant to imply the downfall of Solana but rather the emergence of a strong competitor that pushes the boundaries of blockchain technology. Healthy competition is a driving force for innovation, and the “Solana Killer” label highlights the potential of SUI to challenge and elevate the blockchain landscape.

Conclusion

SUI, the decentralized blockchain platform, has garnered attention in the crypto community as a potential “Solana Killer” due to its focus on scalability.

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Block3000: Blockchain Battle Early Bird Tickets on Sale Now!

https://www.beingcrypto.com/block3000-blockchain-battle-early-bird-tickets-on-sale-now/

Secure more than 40% off on tickets for one of the biggest blockchain events in Europe.

More than 5,000+ delegates are expected to grace the stunning Altice Arena in Lisbon, Portugal this July 6 & 7, 2023, as Block 3000: Blockchain Battle gathers the best and brightest of Blockchain, Web3 and Crypto to unveil exciting new projects, engage in priceless networking and to set the discourse for the industry.

Block 3000: Blockchain Battle will welcome a diverse range of speakers that includes C-Suite Executives from some of Fintech’s biggest movers and shakers, influential media figures, inspirational founders and Blockchain thought leaders.

A Leading Lineup of World-Class Speakers

Presented by the Count of Monte Crypto, Dustin Plantholt, Speakers at Block3000: Blockchain Battle include:

  • Zoe Wei: shei is now the BNB Chain Head of Developer Relations. She has worked in several critical roles at BNB Chain and Binance for the past 4 years.
  • Carl “The Moon” Runefelt: Serial entrepreneur and crypto-evangelist who has invested in 400 blockchain-based startups. A social media icon who made Forbes 30 under 30.
  • Laurent Perello: TronDAO Blockchain Advisor in Europe. Serial entrepreneur and investor, evangelist in the field of cloud computing and digital transformation.
  • Cyrus Fazel: Founder & CEO of SwissBorg. A multicultural fintech professional. Has created Europe’s top crypto wealth app with 700K+ active users.
  • Miguel Palencia: Co-founder and COO. He has 9 years of experience in blockchain technology and 21 years in server administration, and Linux development.
  • Dmytro Budorin: Co-Founder & CEO of Hacken, leads 120+ team, brings transparency to crypto with cybersecurity services, built CER.live & Proof of Reserves.
  • Adrien Gheur: Director of Investments at Zilliqa. Has 20+ years of experience in investing, building companies, and entrepreneurship.
  • Kiril Nikolov: DeFi strategist at Nexo. He has built out Defi operations and is currently incubating small, agile tech teams to become standalone DeFi protocols.
  • Sami Waittinen: Marketing Head at Trust Wallet, brings leadership experience in finance and tech, and excels at managing products, operations, and stakeholders.
  • Javier Garcia: Country Leader for Iberia at Binance, experience in digital transformation and product management in Payments, Fintech, and E-commerce.

And many others. A total of over 50 speakers are planned to be gathered.

Block 3000: Blockchain Battle | What You Need to Know

With 5,000+ attendees from around the world, 100 exhibitors, and 50+ speakers, Block 3000 is the ultimate networking event for blockchain and crypto.

Talks from prominent thought leaders will set the discourse for the industry as a whole, paired with ample networking opportunities, with investors and exciting projects flocking to the event!

The event will feature Blockchain Battle: an innovative and intellectual show held in a format of panel discussions with four to five speakers per round. During the panels, the speakers will delve into the various perspectives and challenges associated with blockchain networks, interoperability, scalability, and security. They will explore the potential of these technologies and how they can be leveraged to create innovative solutions to existing problems within both the blockchain ecosystem and the wider fintech space.

Block: 3000 Blockchain Battle Early-Bird Tickets

Time is running out to secure an early-bird ticket (with more than 40% off!) for one of the hottest crypto and blockchain events of 2023!

Tickets come in a variety of packages to suit delegates’ needs – from Standard which includes access to the conference and networking events, to our very special Whale package, which includes:

  • Conference access (best Whale seats in 1-2 row)
  • Welcome bag from our partners and sponsors
  • Exclusive gifts from partners and sponsors
  • Networking app
  • VIP coffee breaks and lunch
  • Conference video
  • PartyNight
  • VIP registration
  • VIP lounge area + access to speakers area with terrace
  • 3d Networking Day
  • There will also be some extra surprises to be revealed later!

For more information and to buy your tickets, click here.

Follow us on social media for all the latest updates on Block 3000: Blockchain Battle Twitter | Telegram

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Get Ready for International Crypto, Blockchain & Metaverse Expo 2023 (ICBM Expo)

https://www.beingcrypto.com/get-ready-for-international-crypto-blockchain-metaverse-expo-2023-icbm-expo/

An Unforgettable Experience at the Crypto, Blockchain & Metaverse Exhibition!

Are you looking to be part of an incredible event that will give you the best insight into the world of crypto, blockchain, and metaverse? Look no further than International Crypto, Blockchain & Metaverse Expo ICBM Expo will take place on 7th – 8th Sep 2023 at Festival Arena Dubai. This is one of the most highly anticipated crypto conferences & exhibitions of the year and you don’t want to miss out on this incredible opportunity to further your knowledge and connect with industry experts.

Introduction to the International Crypto, Blockchain & Metaverse Expo (ICBM Expo)

The International Crypto, Blockchain & Metaverse Expo 2023 is a one-of-a-kind event that will bring together the best and brightest minds in the crypto, blockchain, and metaverse worlds. This event will be held in the heart of Dubai and will be the largest of its kind in the UAE. It will feature some of the most influential and innovative leaders in the space.

The expo will focus on the latest trends, technologies, and advancements in the crypto, blockchain, and metaverse worlds. It will also provide a platform for open discussions, workshops, and debates. In addition to that, the event will host a variety of industry-leading companies and startups, making it the perfect place for networking and making connections with key players in the field.

What to Expect at the ICBM Expo 2023

The International Crypto, Blockchain & Metaverse Expo ICBM Expo 2023 will be an incredible event that will provide a wealth of information about the latest trends, technologies, and advancements in the crypto, blockchain, and metaverse worlds. You can expect to learn from and connect with industry leaders, attend seminars and workshops from some of the most influential people in the field, and hear from experts on the latest developments in the space.

The event will also feature a variety of companies and startups that are on the cutting edge of the industry. You’ll have the opportunity to network with these companies and learn more about their products and services. In addition, you’ll have the chance to connect with other attendees and make valuable connections that can help you in your own business endeavors.

Benefits of Attending the ICBM Expo Conference 2023

The International Crypto, Blockchain & Metaverse Expo 2023 is an incredible event that will provide attendees with a wealth of information about the latest trends, technologies, and advancements in the crypto, blockchain, and metaverse worlds. By attending, you will have the opportunity to learn from top experts, connect with influential people in the field, and gain valuable insight into the latest developments in the industry.

In addition, you will be able to connect with other attendees and make valuable connections that can help you in your own business ventures. You will also have the chance to network with industry-leading companies and startups to learn more about their products and services. Finally, you’ll be able to get a first-hand look at the latest in crypto and blockchain technology and get a glimpse of the future of the industry.

The International Crypto, Blockchain & Metaverse Expo ICBM Expo 2023 is an incredible event that will provide attendees with a wealth of information about the latest trends, technologies, and advancements in the crypto, blockchain, and metaverse worlds. By attending, you will have the opportunity to learn from top experts, connect with influential people in the field, and gain valuable insight into the latest developments in the industry.

If you’re ready to take your knowledge and understanding of the crypto, blockchain, and metaverse worlds to the next level, don’t miss out on this incredible opportunity. Get ready for the International Crypto, Blockchain & Metaverse Expo 2023 and make the most of this unforgettable experience!

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What Is Arbitrum (ARB)? Check Founder Details, Security Features, and Where to Buy

https://www.beingcrypto.com/what-is-arbitrum-arb-check-founder-details-security-features-and-where-to-buy/

A new token Arbitrum (ARB) is getting popularity in the cryptocurrency market. The token is currently ranking at #37 on the Coinmarketcap ranking. Read this full article to know more about Arbitrum in detail.

What Is Arbitrum (ARB)?

Arbitrum (ARB) is a Layer 2 scaling solution for Ethereum, designed to improve the efficiency of the Ethereum network by reducing gas fees and transaction times. It was developed by Offchain Labs, a blockchain startup, and launched in August 2021.

Arbitrum operates as a sidechain to Ethereum, which means that it operates separately from the main Ethereum blockchain but is still connected to it. This allows users to transfer assets between Arbitrum and Ethereum seamlessly. Arbitrum uses a technique called optimistic rollups, which involves bundling multiple transactions into a single transaction and then submitting them to the Ethereum network.

One of the main benefits of Arbitrum is its ability to significantly reduce gas fees for users. Gas fees are the fees paid to Ethereum miners for processing transactions on the network. These fees can be high during periods of high network congestion, making it expensive for users to perform even simple transactions. Arbitrum aims to solve this problem by reducing the number of transactions that need to be processed on the main Ethereum network.

Overall, Arbitrum aims to improve the scalability and efficiency of the Ethereum network, making it more accessible and affordable for users. It has already gained significant traction in the DeFi space, with many projects migrating to the platform to take advantage of its benefits.

Who Are the Founders of Arbitrum?

The Arbitrum project was founded by Offchain Labs, a startup that was co-founded by three individuals:

1. Ed Felten: Ed Felten is a computer science professor at Princeton University and is also the co-founder and Chief Scientist of Offchain Labs. He has extensive experience in the field of computer security and has served as the Chief Technologist for the Federal Trade Commission.

2. Steven Goldfeder: Steven Goldfeder is a computer science professor at Cornell University and is also the co-founder and Chief Executive Officer of Offchain Labs. His research interests include cryptography, privacy, and security.

3. Harry Kalodner: Harry Kalodner is a computer science researcher who has worked at the University of Maryland and Princeton University. He is also a co-founder and Chief Technology Officer of Offchain Labs. His research focuses on security and privacy issues in blockchain and cryptocurrency systems.

Together, these three individuals have brought their extensive expertise in computer science and blockchain technology to develop the Arbitrum platform.

What Makes Arbitrum Unique?

Arbitrum is a layer-2 scaling solution for Ethereum that uses Optimistic Rollups, a technology that allows for cheaper and faster transactions without sacrificing the security of the underlying blockchain. Here are some of the key features that make Arbitrum unique:

Low transaction fees: Arbitrum is designed to reduce the high transaction fees on Ethereum by moving most of the computational work off-chain. This means that users can perform transactions more efficiently and at a lower cost.

Fast confirmation times: Transactions on Arbitrum are confirmed within minutes, rather than the hours it can take on Ethereum. This makes Arbitrum ideal for applications that require fast confirmation times, such as decentralized exchanges and trading platforms.

Easy integration with existing Ethereum applications: Developers can easily port their existing Ethereum applications to Arbitrum with minimal changes to the codebase. This allows them to take advantage of Arbitrum’s scaling benefits without having to rebuild their entire application from scratch.

High level of security: Arbitrum uses Optimistic Rollups, a technology that provides a high level of security by allowing for fraud proofs to be submitted to the Ethereum mainnet in case of malicious behavior on the layer-2 network.

Support for smart contracts: Arbitrum supports the full range of Ethereum smart contracts, allowing developers to build complex decentralized applications that can take advantage of its scaling benefits.

Overall, Arbitrum’s combination of low transaction fees, fast confirmation times, easy integration with existing applications, high level of security, and support for smart contracts make it a unique and compelling solution for scaling Ethereum.

How Is Arbitrum Secured?

Arbitrum is a layer-2 scaling solution for Ethereum that aims to improve transaction throughput while maintaining the security and decentralization of the Ethereum network. Here are some of the security features that help to secure the Arbitrum network:

Optimistic Rollups: Arbitrum uses optimistic rollups, which is a scaling technique that bundles many transactions into a single batch and then submits them to the Ethereum blockchain. This allows for faster and more efficient transactions while maintaining the security of the Ethereum network.

Fraud Proofs: Arbitrum uses a fraud-proof system to detect and prevent malicious behavior. The fraud-proof system ensures that any invalid transactions or data are rejected, and the responsible parties are penalized.

Trusted Execution Environment: Arbitrum uses a trusted execution environment (TEE) to protect user data and prevent unauthorized access. The TEE ensures that code execution is isolated and secure, preventing any tampering or malicious behavior.

Open Source Code: Arbitrum’s code is open source, meaning that it is publicly available for inspection and review. This allows for greater transparency and community participation in identifying and fixing security issues.

Overall, the combination of these security features and the ongoing efforts of the development team to improve and refine the system help to ensure that Arbitrum remains secure and reliable.

Where Can You Buy Arbitrum (ARB)?

If you want to buy Arbitrum (ARB) then you can use centralized exchanges like Binance, Bybit, BitMEX, Poloniex, OKX, KuCoin, and more because they have announced that they will be listing Arbitrum (ARB) on their exchanges.

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Bitcoin is Rising Again: Is Dogecoin Still a Good Investment?

https://www.beingcrypto.com/bitcoin-is-rising-again-is-dogecoin-still-a-good-investment/

In the last few days after the crash of the US’s popular SVB Bank’s crash, the price of Bitcoin suddenly started rising. Bitcoin has crossed the $28,000 mark and is making new highs after a long time. Ethereum has also crossed $1750 and making new highs. But the question is about the most popular and first meme-based coin Dogecoin. In the last crypto rally, Dogecoin was the most popular Dog-based meme coin that grabbed the attention of crypto investors across the world.

Dogecoin (DOGE) is based on a Japanese Shiba Inu breed dog named Doge. It gets more popular after the adoption by the billionaire Elon Musk, who seems to prefer Dogecoin to Bitcoin (BTC). After the adoption by Elon Musk dogecoin climbed 1000% within a month and made millions of dollars for its investors.

Many crypto investors trusted Dogecoin without any doubt. But now the time has come when investors may ask themselves, “Is Dogecoin a good investment?” The answer may vary according to your risk/reward profile, but there are still some conclusions we can draw about the cryptocurrency that has catapulted meme coins into the stratosphere.

Is Dogecoin Still a Good Investment?

Historically, Dogecoin is a fork of Luckycoin, and Luckycoin itself was a fork of Litecoin which further was a fork of the Bitcoin blockchain network. Dogecoin’s major code update was in 2019; after that, only minor updates happened.

Dogecoin was not a serious project it was invented as a joke in 2013. Jackson Palmer and Billy Markus are co-founders of Dogecoin who invented this coin in a few days by copying Bitcoin’s source code. But now Jackson Palmer and Billy Markus are no longer associated with this project. Dogecoin is an unstable investment but its still popular among its investors due to the dedicated core development team and the Dogecoin community. Some people also think Dogecoin may fail in the future. But it’s not proven yet and time will answer all these questions.

Should You Invest In Dogecoin?

For every coin, the use case makes it important in the crypto market. If the use case is stronger, the coin will be more in demand and the price will increase. Dogecoin’s primary use case in the early days was to reward the DOGE community for amusing comments via tipping. Now the use cases have expanded from its previous tipping use case. It can be used as a medium of exchange between two parties. Elon Musk has also said one day you may purchase Tesla Car with Dogecoin. Dogecoin transactions are faster as compared to other coins.

By viewing these use cases and their transaction speed we can say it will become a good crypto coin in the future. The Dogecoin community also believes it will be the best coin among all meme-based coins.

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Exploring the World of NFTs: Understanding Non-Fungible Tokens

https://www.beingcrypto.com/exploring-the-world-of-nfts-understanding-non-fungible-tokens/

NFTs or Non-Fungible Tokens have become a hot topic in the world of cryptocurrencies and blockchain technology. NFTs are unique digital assets that are stored on a blockchain, making them unique and valuable. Here are some points to help you understand NFTs:

What is an NFT?

An NFT is a unique digital asset that is stored on a blockchain. It is different from other cryptocurrencies like Bitcoin or Ethereum, which are fungible, meaning that each coin is identical and interchangeable. NFTs, on the other hand, are unique and cannot be replicated, making them valuable as a collectible.

How do NFTs work?

NFTs are created on a blockchain, which is a decentralized digital ledger that records transactions. When an NFT is created, it is assigned a unique code that is stored on the blockchain. This code represents the ownership of the digital asset, and it cannot be replicated or changed.

What can NFTs be used for?

NFTs can be used for a variety of purposes, including digital art, music, video games, and collectibles. They are often used as a way to prove ownership of a digital asset or to sell unique digital content.

Why are NFTs valuable?

NFTs are valuable because they are unique and cannot be replicated. They are also valuable because they are stored on a blockchain, which provides a secure and transparent way to verify ownership. Additionally, NFTs can be sold on various marketplaces, making them an attractive investment for collectors.

How are NFTs sold?

NFTs are typically sold through online marketplaces, where collectors can bid on them or purchase them outright. The price of an NFT can vary depending on the rarity of the digital asset, the popularity of the artist, and the demand from collectors.

Are NFTs environmentally friendly?

There has been some concern about the environmental impact of NFTs, as they require a significant amount of energy to create and maintain. However, some blockchain platforms are working on developing more eco-friendly methods for creating and storing NFTs.

Here are Some Benefits of NFTs

1. Authenticity: NFTs provide a way to verify the authenticity of a digital asset, whether it’s a piece of art, music, or other forms of creative content. This can be particularly useful in combating digital piracy and theft.

2. Ownership: NFTs enable creators to sell ownership of their digital assets directly to buyers, without the need for intermediaries like galleries or auction houses. This can help creators earn more money and have greater control over their work.

3. Traceability: NFTs can be used to track the ownership and transaction history of a digital asset. This can be helpful in proving ownership or authenticity in case of disputes or legal issues.

4. Creative Freedom: NFTs allow creators to experiment with new business models and revenue streams, such as selling access to exclusive content or creating interactive experiences that can only be accessed by NFT holders.

5. Community Building: NFTs can create a sense of community among creators and collectors, as they can be used to facilitate interactions and collaborations between them.

6. Cultural significance: NFTs can be used to immortalize important cultural artifacts, such as historical documents or works of art, by creating digital versions that can be preserved and shared for generations to come.

In conclusion, NFTs are a unique and valuable type of digital asset that are stored on a blockchain. They are often used as a way to prove ownership of a digital asset or to sell unique digital content. While there has been some concern about the environmental impact of NFTs, they are still an exciting development in the world of blockchain technology and are likely to become even more popular in the future.

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Best Crypto To Buy Right Now For Long-Term Gains (Top Picks for February 2023)

https://www.beingcrypto.com/best-crypto-to-buy-right-now-for-long-term-gains-top-picks-for-february-2023/

Paying attention to short-term gains is an easy way to go broke in the crypto market. As all great market professionals will tell you, time in the market matters more than timing the market. And when it comes to crypto, time in the market could be your greatest ally in growing your net worth.

If you’re looking for the best long-term crypto to purchase, then we’ve got you covered. In this article, we’ve listed six of the best cryptos to buy right now for HODLing into the future. Let’s get started.

1. Doge Rush: The Best Long-Term Crypto

Our first choice for the best long-term crypto to buy right now is Doge Rush.

Doge Rush is a new and exciting project that combines the excitement of gaming with the potential for real-world rewards. The game itself is a single-player mobile runner that is designed to be both entertaining and engaging. The objective of Doge Rush is to run through various levels, collecting coins along the way, and earning real-world rewards for your efforts.

In this groundbreaking P2E (Play to Earn) runner, every coin that you collect in-game is transferred directly to your wallet at the end of each level. This means that you can accumulate real-world currency just by playing the game, making Doge Rush a unique and innovative project in the gaming world.

Doge Rush is inspired by popular runner games such as Subway Surfers and incorporates elements of cryptocurrency and blockchain technology to bring a new level of excitement to the gaming world. With the integration of Dogecoin and Elon’s support for the meme-inspired cryptocurrency.

As a presale investor, you will have the opportunity to get in on the ground floor of this exciting project. By investing in the presale, you will be able to participate in the early stages of Doge Rush’s development and growth, and potentially reap the benefits as the game becomes more popular and widespread.

In conclusion, Doge Rush is a one-of-a-kind project that brings together the best aspects of gaming, cryptocurrency, and blockchain technology to create a truly unique and exciting experience for players and investors alike. Doge Rush is an opportunity that you won’t want to miss.

To put all of this into context, the GameFi market is expected to grow at 10x the rate of traditional gaming by 2025, according to Crypto.com. So as anyone can see, Doge Rush is poised to dominate as Play2Earn player counts surge. With the fact that Doge Rush is still in presale in mind, it’s easy to see that Doge Rush offers an outstanding investment opportunity to get in early on as one of the future leaders of GameFi. There’s no other option but to place Doge Rush as the number one best long-term crypto to buy right now.

You can participate in the Doge Rush pre-sale here <<<

2. Ethereum (ETH)

Coming in as the second best long-term crypto to buy is Ethereum, the king of utility tokens. It’s the second most valuable crypto by market cap, just below Bitcoin. Some even expect Ethereum to overtake Bitcoin one day!

The reason Ethereum has maintained its undisputed position is that it was the first cryptocurrency to implement smart contracts effectively, automatic contracts bound and executed by code. Smart contracts are what make things like DeFi, dApps, and NFTs possible, and thousands of these projects have been built on Ethereum.

At the time of writing, there is $51.49 billion locked up in the DeFi ecosystem, according to DeFiLlama. Considering there are at least ten protocols that these DeFi projects use, it’s telling that there’s $29.47 billion locked up on Ethereum alone. The only protocols that come close are Binance Smart Chain and Tron, which have $5.26 billion and $5.28 billion locked on their respective chains.

3. Bitcoin (BTC)

Bitcoin, the cryptocurrency that started it all, is still one of the best cryptos to buy right now. Despite Ethereum’s dominance as the king of utility tokens, Bitcoin has over double its market cap, with $364 billion vs. Ethereum’s $154 billion. According to CoinGecko, Bitcoin dominates the market with nearly 40% of the total market cap.

Bitcoin is one of the only cryptocurrencies that is truly decentralized. There are no founders, no specific development team, and no company running Bitcoin. Given its limited supply, as demand increases, the price of Bitcoin should appreciate, hence why it’s often given the title “digital gold.”

4. Binance Coin (BNB)

Binance Coin is the native token of the Binance exchange. Originally used as a way to realize discounts on trading fees, BNB can now be used to book hotels, buy gift cards, and transact outside of the Binance platform. But with the launch of Binance Smart Chain (BSC) in 2020, Binance Coin really took off.

Binance Coin doesn’t look like it’s going anywhere anytime soon, and that’s why it’s our fifth-best long-term crypto to buy in 2023.

The Clear Winner: Doge Rush

To be honest, an equally-weighted portfolio filled with the cryptocurrencies above would be likely to perform exceptionally well over the coming decades. But if you want to maximize your gains, then picking one or two to focus your investment on is your best chance to achieve mind-boggling gains.

The only token that represents this opportunity on this list is Doge Rush. As discussed, Doge Rush is in a perfect position to take advantage of the exponential growth GameFi will see over the next decade. And with the token still in presale, this could be your opportunity to get in on the ground floor with one of the most exciting tokens the GameFi industry is likely to ever see.

If you missed out on being an early investor with one of the tokens above, then now is your chance to seize the opportunity and become one of the early backers of this fantastic project.

Find out more about Doge Rush:

Buy: https://dogerush.io/buy

Website: https://dogerush.io/

Telegram: https://t.me/dogerushcommunity

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