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  14. <description>World&#039;s fastest growing Cryptocurrency and Blockchain Media Website</description>
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  30. <item>
  31. <title>BEFE Coin: Soaring High with Pumping Activity</title>
  32. <link>https://blockchainreporter.net/befe-coin-soaring-high-with-pumping-activity/</link>
  34. <dc:creator><![CDATA[Max Clark]]></dc:creator>
  35. <pubDate>Tue, 30 Apr 2024 11:02:48 +0000</pubDate>
  36. <category><![CDATA[Press Release]]></category>
  37. <guid isPermaLink="false">https://blockchainreporter.net/?p=77226</guid>
  38.  
  39. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="befe-rocket" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Explore BEFE Coin's rise in the crypto market, showcasing its meme coin potential, transaction-free trading, and robust market activity in April 2024.]]></description>
  40. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="befe-rocket" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/03/befe-rocket-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  41. <p>The <a href="https://befetoken.com/?utm_source=30APRIL" rel="nofollow noopener" target="_blank">BEFE Coin</a> is on a dramatic rise currently, cutting a niche in a very crowded cryptocurrency market. Its sudden expansion has been raising questions among investors regarding its sustainability. We delve into what the factors that are contributing toward that growth are and what the future trends might look like.</p>
  42.  
  43.  
  44.  
  45. <h2 class="wp-block-heading">The Aim of BEFE</h2>
  46.  
  47.  
  48.  
  49. <p>Set for the limelight, BEFE Coin aims to crown itself as the king of memes, better than any other renowned meme coin on the market. Free from all presales and taxes on transactions, BEFE opens doors for fair and easy accessibility to the investor&#8217;s platform. Native coins exist on major networks such as Binance Smart Chain, Ethereum, and Solana, and they are tradable on Pancakeswap, Uniswap, and Raydium.</p>
  50.  
  51.  
  52.  
  53. <p>Getting started with BEFE would mean swapping BNB or ETH in their different networks. The process is quite simple in its procedures, like connecting to the trading platform and entering the token address while confirming the transaction. BEFE also rewards its community by letting a BRISE token holder earn BEFE through staking. This not only makes its appeal much stronger but also supports the. Tokenomics is simplified: total supplies are set for its BSC and SOL versions, which are aimed at maintaining liquidity and providing funds for marketing and development.</p>
  54.  
  55.  
  56.  
  57. <h2 class="wp-block-heading">April 2024’s BEFE Performance</h2>
  58.  
  59.  
  60.  
  61. <p>During the last month, BEFE Coin showed high volatility with the overall positive dynamic of its market performance. Opening at $0.00050051 on March 31st, 2024, <a href="https://befetoken.com/?utm_source=30APRIL" rel="nofollow noopener" target="_blank">BEFE</a> was able to hit $0.00051537 on the 5th of April, or a gain of almost 3%. Fluctuations had followed these, yet interestingly, the price settled to $0.00014622 by April 30th, demonstrating a vivid market presence.</p>
  62.  
  63.  
  64.  
  65. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/qrVcITQwS6Efvf3tZEH0u_GiWdohF_J0zQYYVHkIWzGRA4gqGUlBQS_ULTo02IWJtyadu2UzloeFbxkQUSr9iuuLUYhUfBFvSWW6lYYa_hP-1bcvqOYYkpsRyGF_V_b5eYaovvc7hn-Er8rdZOjMrSg" alt=""/></figure>
  66.  
  67.  
  68.  
  69. <p>Through April, BEFE Coin enjoyed an impressive volume of trades, which peaked on April 5th at $454,794. This reflected strong investor interest and market liquidity. This reflects strong interest from the investor and strong liquidity in the market. Despite the price action, it registered a strong volume—anything with a strong volume shows persistent interest and confidence in the market.</p>
  70.  
  71.  
  72.  
  73. <p>This performance, amongst other factors, makes BEFE Coin a potentially attractive investment for those seeking diversification into new, dynamic, and potentially rewarding markets. This was marked by remaining high levels of trading volume, despite price movements, reflecting an element of resilience attached to potential growth.</p>
  74.  
  75.  
  76.  
  77. <h2 class="wp-block-heading">Is BEFE a Good Investment Opportunity?</h2>
  78.  
  79.  
  80.  
  81. <p>Investing in <a href="https://befetoken.com/?utm_source=30APRIL" rel="nofollow noopener" target="_blank">BEFE</a> provides an opportunity for an investor to humanly interact with a cryptocurrency that has evidently been able to draw considerable attention from investors and also maintain high trading activity. This may be particularly considered attractive by those investors desiring exposure to instruments characterized by a high potential for fast price changes and robust participation within the markets.</p>
  82.  
  83.  
  84.  
  85. <p>An investment tip to potential BEFE investors would be to remain informed by keeping a close watch on the market trends and the news from BEFE so that they will have sufficient grounds to be able to tap into the price swings effectively. On the whole, BEFE Coin outlines quite an interesting investment by dint of its actively traded environment and potential to involve investors. Judicious strategies and an informed approach could place BEFE as an asset in the considered investment portfolio.</p>
  86. ]]></content:encoded>
  90. </item>
  91. <item>
  92. <title>Neo Collaborates with Fansland to Drive Web3 Adoption in Entertainment Industry</title>
  93. <link>https://blockchainreporter.net/neo-collaborates-with-fansland-to-drive-web3-adoption-in-entertainment-industry/</link>
  95. <dc:creator><![CDATA[Umair Younas]]></dc:creator>
  96. <pubDate>Tue, 30 Apr 2024 11:00:00 +0000</pubDate>
  97. <category><![CDATA[nft news]]></category>
  98. <category><![CDATA[blockchain news]]></category>
  99. <category><![CDATA[NEO]]></category>
  100. <category><![CDATA[NFT]]></category>
  101. <guid isPermaLink="false">https://blockchainreporter.net/?p=77218</guid>
  102.  
  103. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="nftart" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Neo and Fansland plan to further collaborate on a digital ticketing system leveraging NFT minting on Neo X and Neo N3 blockchains.]]></description>
  104. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="nftart" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2023/10/nft-art-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  105. <p>Neo, an open-source blockchain platform, has announced a strategic partnership with Fansland. Fansland is a pioneering fan economy platform powered by Web3 and <a href="https://blockchainreporter.net/future-of-crypto-what-can-artificial-intelligence-bring-to-the-table/" data-type="post" data-id="43446">AI</a>. The collaboration aims to accelerate the adoption of blockchain technology within the entertainment industry.</p>
  106.  
  107.  
  108.  
  109. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  110. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f918.png" alt="🤘" class="wp-smiley" style="height: 1em; max-height: 1em;" />We have partnered with fan economy platform <a href="https://twitter.com/fansland_io?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@fansland_io</a> to explore <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Web3</a> mass adoption in the entertainment industry among the younger generation!<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3b6.png" alt="🎶" class="wp-smiley" style="height: 1em; max-height: 1em;" /> A music festival &amp; afterparty will be held on May 4-5 in Bangkok to kickstart this partnership!<a href="https://t.co/efmvcjpmYw" target="_blank">https://t.co/efmvcjpmYw</a></p>&mdash; Neo Smart Economy (@Neo_Blockchain) <a href="https://twitter.com/Neo_Blockchain/status/1785229153517908025?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 30, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  111. </div></figure>
  112.  
  113.  
  114.  
  115. <h2 class="wp-block-heading">Partnership Launches Web3 Music Festival in Bangkok, Introducing NFT Ticketing</h2>
  116.  
  117.  
  118.  
  119. <p>The partnership will kick off with a groundbreaking Web3 music festival in Bangkok, Thailand, showcasing a blend of renowned artists from both Web2 and Web3 industries. Headliners include global sensations such as PSY, Henry Lau, Edison Chen, and more, with over forty-thousand music enthusiasts expected to attend. Notable partners for the event include Binance Chain, Polygon, Solana, and Ethereum.</p>
  120.  
  121.  
  122.  
  123. <p>A key highlight of the festival is the introduction of NFT ticketing, a pioneering move that grants exclusive on-chain rights to ticket holders. All tickets will be minted online as NFTs, allowing for seamless trading on the secondary market.</p>
  124.  
  125.  
  126.  
  127. <p>In addition to the music festival, Neo and Fansland will co-host an exclusive afterparty, bringing together Web3 Key Opinion Leaders (KOLs), music festival VVIPs, and celebrities. This event aims to foster discussions and networking opportunities centered around the future of Web3.</p>
  128.  
  129.  
  130.  
  131. <h2 class="wp-block-heading">Neo and Fansland&#8217;s Collaborative Vision Driving Web3 Innovation</h2>
  132.  
  133.  
  134.  
  135. <p>John Wang, Managing Director of Neo EcoFund, expressed enthusiasm for the collaboration, emphasizing Neo&#8217;s commitment to engaging with the younger generation through innovative Web3 models. He highlighted the strategic significance of hosting a music festival in Bangkok as part of Neo&#8217;s development plans in Asia.</p>
  136.  
  137.  
  138.  
  139. <p>Fansland&#8217;s founder echoed Wang&#8217;s sentiments, stating their vision to revolutionize the fan-driven economy by merging Web3 and AI technologies. The collaboration with Neo marks a significant step towards realizing this vision, sparking excitement and innovation within the global fan community.</p>
  140.  
  141.  
  142.  
  143. <p>Looking ahead, Neo and <a href="https://fansland.io/" target="_blank" rel="noopener">Fansland</a> plan to further collaborate on a digital ticketing system leveraging NFT minting on Neo X and Neo N3 blockchains. This system promises low transaction fees, high throughput, and enhanced security, laying the foundation for future developments in decentralized ticketing solutions.</p>
  144.  
  145.  
  146.  
  147. <p>The launch of the Web3 music festival in collaboration with Fansland represents a significant milestone in Neo&#8217;s mission to drive mass adoption of blockchain technology. As the event unfolds, it promises to showcase the transformative potential of Web3 in revolutionizing fan engagement and entertainment experiences.</p>
  148. ]]></content:encoded>
  152. </item>
  153. <item>
  154. <title>Bitget Wallet Is Bullish On Runes And Its Prospects For The Bitcoin Ecosystem</title>
  155. <link>https://blockchainreporter.net/bitget-wallet-is-bullish-on-runes-and-its-prospects-for-the-bitcoin-ecosystem/</link>
  157. <dc:creator><![CDATA[Josh]]></dc:creator>
  158. <pubDate>Tue, 30 Apr 2024 10:30:00 +0000</pubDate>
  159. <category><![CDATA[bitcoin news]]></category>
  160. <category><![CDATA[BTC]]></category>
  161. <guid isPermaLink="false">https://blockchainreporter.net/?p=77216</guid>
  162.  
  163. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin-babylon" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Explore Bitget Wallet's adoption of Runes, enhancing Bitcoin's ecosystem by simplifying NFT creation and trading.
  164.  
  165.  
  166.  
  167.  
  168.  
  169.  
  170. ]]></description>
  171. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin-babylon" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin-babylon-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  172. <p>Web3 trading wallet <a href="https://web3.bitget.com/en" target="_blank" rel="noopener">Bitget Wallet</a>, the official wallet of the popular <a href="https://www.bitget.com/" target="_blank" rel="noopener">BitGet</a> cryptocurrency exchange, has become one of the first in the industry to add support for the exciting new Runes Protocol that promises to transform Bitcoin’s nascent NFT ecosystem.&nbsp;</p>
  173.  
  174.  
  175.  
  176. <p>The Runes Protocol can be accessed in Bitget Wallet via its new Dapp category, where they can interact directly with a quickly expanding ecosystem of dApps that support rune etching and trading. </p>
  177.  
  178.  
  179.  
  180. <p>Not everyone will be familiar with Runes, which is a new protocol that was proposed in September 2023 by the creator of Bitcoin Ordinals, Casey Rodarmor. Bitcoin Ordinals had an immediate and far-reaching impact on the Bitcoin network, enabling the creation of the first native Bitcoin NFTs, but they also caused a lot of chaos by clogging the network and spiking transaction fees. With Runes, it appears that Rodarmor is trying to make up for the negative impacts of Ordinals with a newer standard that will make NFTs on Bitcoin easier to create and more efficient, reducing the network congestion of Ordinals, which are powered by their older BRC-20 protocol. </p>
  181.  
  182.  
  183.  
  184. <p>The Runes standard’s big launch was timed to coincide with Bitcoin’s <a href="https://www.msn.com/en-us/money/markets/bitcoin-halving-2024-not-with-a-bang-but-a-whimper/ar-AA1npwZS" target="_blank" rel="noopener">latest halving</a>, which occurred on April 2023, reducing block rewards by half – an event that many believe will have a long-lasting, positive impact on Bitcoin’s value. With Runes, there’s even more intrigue, because it could inspire the creation of a new generation of projects in the Bitcoin ecosystem. </p>
  185.  
  186.  
  187.  
  188. <p>Runes is a token standard that enables users to issue “fungible” tokens on the Bitcoin network, as well as their non-fungible counterparts. The protocol leverages native features within Bitcoin to enable the creation, minting and transfer of tokens directly on Bitcoin’s blockchain, in a more optimal way than Ordinals.&nbsp;</p>
  189.  
  190.  
  191.  
  192. <p>Runes is based on the Unspent Transaction Outputs (UTXO) model that aligns with Bitcoin’s network architecture. UTXO represents the amount of funds in any given Bitcoin wallet that can be used as inputs for new transactions. In doing this, Runes helps to minimize the creation of unwanted “Dust” UTXOs, which are the main problem with Ordinals, cluttering the network and slowing down transactions. </p>
  193.  
  194.  
  195.  
  196. <p>While Ordinals enabled the creation of basic NFTs, Runes will allow developers to mint fungible tokens too. These can be used for various purposes, such as digital ownership, voting rights, a representation of someone’s identity and credentials, and even a medium of exchange.&nbsp;</p>
  197.  
  198.  
  199.  
  200. <h2 class="wp-block-heading">Runes’ Debut Makes A Big Splash</h2>
  201.  
  202.  
  203.  
  204. <p>Bitget Wallet is one of the first Bitcoin wallets to see the potential of Rune, which made a big splash within hours of their launch. According to Bitget, the transaction volume of Runes’ top ten most active projects hit almost 300 BTC by April 23, just three days after its launch. Those projects, which include RSIC, Genesis, Rune, Satoshi-Nakamoto, Wanko-Manko-Runes and Bitcoin-Pepe-Matrix, have already attained a combined market valuation of 39,000 BTC, Bitget said.&nbsp;</p>
  205.  
  206.  
  207.  
  208. <p>The rapid adoption of Runes is the main reason why Bitget Wallet has embraced its potential so quickly. According to Bitget Wallet’s chief operating officer Alvin Kan, there are several reasons for its initial impetus, including the early development of projects such as Runestone, which reached a valuation of more than $500 million during the Pre-Runes phase, prior to the official launch. Runes has also been backed by numerous top cryptocurrency exchanges.&nbsp;</p>
  209.  
  210.  
  211.  
  212. <p>Ordinals developers have also embraced Runes, and there has been an ecosystem-wide agreement to intentionally exclude BRC-20 addresses from the Runestone airdrop, in order to convince people to adopt the newer standard.&nbsp;</p>
  213.  
  214.  
  215.  
  216. <p>Kan said the Bitcoin network might suffer from some initial problems arising from network dynamics and liquidity issues, but he is positive about the long-term potential of Runes. &#8220;I&#8217;m confident of the future of the Runes Protocol,&#8221; he said. &#8220;This is just the beginning of a global phenomenon that will surely be a prominent sector in Web3 for innovation.&#8221;</p>
  217.  
  218.  
  219.  
  220. <p>The Runes Protocol has significant potential. Its recognition as an official asset issuance protocol on Bitcoin has led to the growth of a community of enthusiasts, including developers and investors, laying the foundation for future innovation and expansion. With more exchanges adding support for Runes by the day, it’s likely that the existing liquidity problems will soon become much less of an issue, helping to accelerate further development of fungible and non-fungible tokens on the Bitcoin network.&nbsp;</p>
  221. ]]></content:encoded>
  225. </item>
  226. <item>
  227. <title>Unveiling Bitgert Coin&#8217;s Potential: Reaching $0.0001 Is a Possibility?</title>
  228. <link>https://blockchainreporter.net/unveiling-bitgert-coins-potential-reaching-0-0001-is-a-possibility/</link>
  230. <dc:creator><![CDATA[Max Clark]]></dc:creator>
  231. <pubDate>Tue, 30 Apr 2024 10:26:04 +0000</pubDate>
  232. <category><![CDATA[Press Release]]></category>
  233. <guid isPermaLink="false">https://blockchainreporter.net/?p=77221</guid>
  234.  
  235. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="rocket-b-letter" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Discover Bitgert coin's journey towards $0.0001, fueled by remarkable growth and expert backing, making it a promising investment option.
  236.  
  237.  
  238.  
  239.  
  240.  
  241.  
  242. ]]></description>
  243. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="rocket-b-letter" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/rocket-b-letter-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  244. <p>Bitgert is gradually cementing its position as a superb cryptocurrency in the industry. It is grafted with the blend of utilities and hype triggering the growth which is evident.</p>
  245.  
  246.  
  247.  
  248. <p>The growth levels have been exponential and this has resulted in many crypto investors and enthusiasts picking interest in the coin.</p>
  249.  
  250.  
  251.  
  252. <p>Since the priority of every investor is achieving financial freedom, several speculations and analysis have pointed out that Bitgert is the best option to achieve as it moves towards hitting the $0.0001 mark.</p>
  253.  
  254.  
  255.  
  256. <p>Let’s take a look at the possibilities of Bitgert hitting that mark.</p>
  257.  
  258.  
  259.  
  260. <h2 class="wp-block-heading">Bitgert, A Smart Investment Option For Investors As It Is Set To Hit $0.0001</h2>
  261.  
  262.  
  263.  
  264. <p>A verifiable investigation of the Bitgert coin reveals a rise of more than 25,900 percent since its introduction to the cryptocurrency market. </p>
  265.  
  266.  
  267.  
  268. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/mNhzP2bQ7l41wDthtXVqTq_yn75ileVYxTnIlbGp-w_b0DzCQa2QgsEeUijuVNeuUNLmvEv2mZyQhM8bNlUutiKckd_HP7TbekgpZaDitJt5HT-G1MAA_iaHoqTXUTT6gDSgINwDmUetPBeFWGZCGg8" alt=""/></figure>
  269.  
  270.  
  271.  
  272. <p><a href="https://bitgert.com/?utm_source=30APRIL" rel="nofollow noopener" target="_blank">Bitgert</a> has become a top investment choice for investors thanks to its enormous potential, and the fact that this upturn occurred within a year is a major reason why it stood out enough to be noticed. Various specialists and crypto examiners have made expectations that the coin can raise a ruckus with expectations that it could hit $0.0001 soon.&nbsp;</p>
  273.  
  274.  
  275.  
  276. <p>Putting resources into a coin with this immense upswing will most likely empower benefits as it provides utilities to increment interest. Investing at this stage will prove rewarding if Bitgert meets expectation by hitting the price mark speculated by experts in the industry.</p>
  277.  
  278.  
  279.  
  280. <h2 class="wp-block-heading">Experts&#8217; Take on Bitgert&#8217;s Price Explosion </h2>
  281.  
  282.  
  283.  
  284. <p><a href="https://bitgert.com/?utm_source=30APRIL" rel="nofollow noopener" target="_blank">Bitgert</a> has maintained an enormous level of popularity ever since its debut. It has kept displaying clear signs of its huge potentials as it targets to reach a new All Time High. Because of this, many experts have concluded that it is something to keep an eye out for.</p>
  285.  
  286.  
  287.  
  288. <p>When a project performs well on a solid foundation, the possibilities of a massive upsurge from it become clearer. Bitgert coin has experienced an extension in essential limits going from market capitalization, trading volume and worth. Fairly as of late, it kept over 38% advancement in trading volume reliably, obviously moving the instances of a development well known for Bitgert amongst crypto investors.</p>
  289.  
  290.  
  291.  
  292. <p>The utilities embedded in Bitgert is an extra advantage as it has made financial backers favor it over other existing cryptocurrencies whose advancement is subject to solely exposure and advancing.</p>
  293.  
  294.  
  295.  
  296. <p>This is the clarification various experts are of the evaluation that a monster flood in Bitgert is undeniable, with most predicting it to hit at least $0.0001</p>
  297.  
  298.  
  299.  
  300. <h2 class="wp-block-heading">Rounding Up</h2>
  301.  
  302.  
  303.  
  304. <p>It&#8217;s at this point not in uncertainty that Bitgert is presently class separated among other existing coins. Its capacity to impact financial backers and carry them to a consistent exchanging framework says everything. Investors should conduct research on Bitgert at this time to learn more about its services. The best way to do this is to visit the <a href="https://bitgert.com/?utm_source=30APRIL" rel="nofollow noopener" target="_blank">website</a>.</p>
  305. ]]></content:encoded>
  309. </item>
  310. <item>
  311. <title>Bitcoin Miners Face Revenue Dip Post-Halving</title>
  312. <link>https://blockchainreporter.net/bitcoin-miners-face-revenue-dip-post-halving/</link>
  314. <dc:creator><![CDATA[Kester Odero]]></dc:creator>
  315. <pubDate>Tue, 30 Apr 2024 10:20:00 +0000</pubDate>
  316. <category><![CDATA[bitcoin news]]></category>
  317. <category><![CDATA[Market]]></category>
  318. <category><![CDATA[BTC]]></category>
  319. <guid isPermaLink="false">https://blockchainreporter.net/?p=77207</guid>
  320.  
  321. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin17" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Bitcoin miners face a revenue drop to early 2023 levels post-halving, with choices of capitulation or waiting for a BTC price rise. ]]></description>
  322. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin17" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/bitcoin17-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  323. <p>Bitcoin miners are experiencing a significant revenue decline, returning to levels last seen in early 2023. This downturn follows the recent halving event, a pre-programmed reduction in the block rewards miners receive for adding new transactions to the blockchain.</p>
  324.  
  325.  
  326.  
  327. <p>According to King Young Ju, CEO of <a href="https://cryptoquant.com/" target="_blank" rel="noopener">CryptoQuant</a>, miners are now faced with two potential paths: capitulating by selling their bitcoin holdings or holding out for a possible rise in the price of bitcoin. Currently, there is no evident trend towards capitulation among miners.</p>
  328.  
  329.  
  330.  
  331. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  332. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> miners&#39; revenue has dropped to levels seen in early 2023 following the halving.<br><br>Now they have two options: 1. Capitulation, or 2. Waiting for a rise in <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BTC</a> price.<br><br>There are no signs of capitulation for now. <a href="https://t.co/8GrYk7zcN1" target="_blank">pic.twitter.com/8GrYk7zcN1</a></p>&mdash; Ki Young Ju (@ki_young_ju) <a href="https://twitter.com/ki_young_ju/status/1785171733454143633?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 30, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  333. </div></figure>
  334.  
  335.  
  336.  
  337. <h2 class="wp-block-heading">Current Market Outlook</h2>
  338.  
  339.  
  340.  
  341. <p>Kaleo, a noted cryptocurrency analyst, pointed out that the current market behavior aligns with patterns observed in previous cycles. Historically, a period of lateral trading typically follows a halving. This suggests that the current situation could be a standard market adjustment post-halving.</p>
  342.  
  343.  
  344.  
  345. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  346. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BTC</a><br><br>If this cycle is anything like the last two, a few months of sideways price action after the halving is completely normal.<br><br>It makes sense from a fundamental perspective as well &#8211; miners are making essentially half as much BTC revenue as they were at the same… <a href="https://t.co/VLNbNDsVkr" target="_blank">pic.twitter.com/VLNbNDsVkr</a></p>&mdash; K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1784994958274945139?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 29, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  347. </div></figure>
  348.  
  349.  
  350.  
  351. <p>The halving effectively halved miners&#8217; revenue from the same price levels just a few weeks prior. Miners incur substantial costs, including electricity, hardware maintenance, rent, and payroll, to secure and validate blockchain transactions. Their earnings are derived from the newly minted <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoins</a>, which they earn from block rewards and transaction fees.</p>
  352. ]]></content:encoded>
  356. </item>
  357. <item>
  358. <title>Analyzing Current Trends in Cryptocurrency Engagement</title>
  359. <link>https://blockchainreporter.net/analyzing-current-trends-in-cryptocurrency-engagement/</link>
  361. <dc:creator><![CDATA[Max Clark]]></dc:creator>
  362. <pubDate>Tue, 30 Apr 2024 09:50:00 +0000</pubDate>
  363. <category><![CDATA[bitcoin news]]></category>
  364. <category><![CDATA[Market]]></category>
  365. <guid isPermaLink="false">https://blockchainreporter.net/?p=77204</guid>
  366.  
  367. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin14" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Discover the latest trends in cryptocurrency trading, including decreased activity and market sentiment, and what to watch as potential signs of a rally.
  368.  
  369.  
  370.  
  371.  
  372.  
  373.  
  374. ]]></description>
  375. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin14" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2023/12/bitcoin14-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  376. <p>In recent times, the cryptocurrency market has witnessed a notable decrease in trading activity, reaching levels previously observed in late January. This decline has been accompanied by a change in the behavior and strategies of traders, indicating a period of uncertainty and cautious trading.</p>
  377.  
  378.  
  379.  
  380. <h4 class="wp-block-heading">Shifts in Market Sentiment and Trading Strategies</h4>
  381.  
  382.  
  383.  
  384. <p>The cryptocurrency landscape is currently experiencing a phase of hesitation among traders. The once-popular strategy of purchasing during price dips—commonly referred to as &#8220;buying the dip&#8221;—has seen a significant reduction in enthusiasm. Similarly, voices affirming a bullish future for cryptocurrencies have grown less frequent and more subdued. This shift suggests a broader sentiment of caution and indecision within the market.</p>
  385.  
  386.  
  387.  
  388. <figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="728" src="https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-1024x728.png" alt="image" class="wp-image-77205" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-1024x728.png 1024w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-300x213.png 300w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-768x546.png 768w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-1536x1091.png 1536w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-2048x1455.png 2048w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-150x107.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-120x86.png 120w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-350x250.png 350w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-750x533.png 750w, https://blockchainreporter.net/wp-content/uploads/2024/04/image-9-1140x810.png 1140w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
  389.  
  390.  
  391.  
  392. <p>Furthermore, despite the subdued trading volume, a substantial number of traders are <a href="https://twitter.com/santimentfeed/status/1785183439286882449" target="_blank" rel="noopener">opting to hold</a> onto their assets. This decision is largely driven by the fear of missing out on a potential market recovery, which could see prices rebound in what is often referred to as a &#8220;relief rally.&#8221;</p>
  393.  
  394.  
  395.  
  396. <h4 class="wp-block-heading">Implications of Reduced Bitcoin Trading Volume</h4>
  397.  
  398.  
  399.  
  400. <p><a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoin</a>, a leading indicator of broader cryptocurrency market trends, has experienced a sharp decline in trading volume, falling by 60-65% since a peak period at the end of February. This significant drop highlights the current wary stance of many investors, who are closely monitoring the market for signs of a turnaround.</p>
  401.  
  402.  
  403.  
  404. <h3 class="wp-block-heading">Key Indicators to Watch in the Cryptocurrency Market</h3>
  405.  
  406.  
  407.  
  408. <p>For those keeping a close eye on the market dynamics, an increase in trading volume could serve as a critical indicator of an impending rally. A surge in trading activity may suggest that confidence is returning to the market, potentially leading to increased prices and a more active trading environment.</p>
  409.  
  410.  
  411.  
  412. <p>As the market progresses into May, investors and traders alike will be vigilant for any signs that could signal a shift in market sentiment, possibly catalyzing a market-wide rally. Understanding these trends and preparing for potential shifts is essential for anyone engaged in the cryptocurrency space.</p>
  413.  
  414.  
  415.  
  416. <h4 class="wp-block-heading">Conclusion</h4>
  417.  
  418.  
  419.  
  420. <p>The cryptocurrency market is in a phase of recalibration, with reduced trading volumes and a cautious approach from traders. Monitoring key indicators such as trading volume can provide valuable insights into the future direction of the market. As we move forward, staying informed and adaptable will be crucial for navigating the ever-evolving landscape of cryptocurrency trading.</p>
  421. ]]></content:encoded>
  425. </item>
  426. <item>
  427. <title>HashKey Withdraws 178,126 $PENDLE Tokens from Binance Amid Price Drop</title>
  428. <link>https://blockchainreporter.net/hashkey-withdraws-178126-pendle-tokens-from-binance-amid-price-drop/</link>
  430. <dc:creator><![CDATA[Umair Younas]]></dc:creator>
  431. <pubDate>Tue, 30 Apr 2024 09:30:00 +0000</pubDate>
  432. <category><![CDATA[altcoins news]]></category>
  433. <category><![CDATA[Market]]></category>
  434. <category><![CDATA[Binance]]></category>
  435. <guid isPermaLink="false">https://blockchainreporter.net/?p=77185</guid>
  436.  
  437. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="portal-binance" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Following on the withdrawal, HashKey retains a balance of 624,804 $PENDLE tokens, which can be estimated to be about $2.74 million. ]]></description>
  438. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="portal-binance" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/02/portal-binance-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  439. <p>In a recent transaction reported by SpotOnChain, HashKey has withdrawn an impressive amount of 178,126 $PENDLE tokens from the Binance exchange for almost $771,000, given that the withdrawal was carried out just 30 minutes ago and for a token price of $4.33. The decision to withdraw was made following a rapid decline in the value of $PENDLE, reaching 17% within 24 hours due to the publication of news about the airdrop of the EigenLayer.</p>
  440.  
  441.  
  442.  
  443. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  444. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">HashKey (<a href="https://twitter.com/HashKeyGroup?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@HashKeyGroup</a>) withdrew 178,126 <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$PENDLE</a> ($771K) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Binance</a> at $4.33 30 mins ago, after the price dropped ~17% as affected by <a href="https://twitter.com/hashtag/EigenLayer?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#EigenLayer</a> airdrop news.<br><br>Now, the VC holds 624,804 <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$PENDLE</a> ($2.74M).<br><br>Note that HashKey is a smart <a href="https://twitter.com/search?q=%24PENDLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$PENDLE</a> trader, often buying the tokens at… <a href="https://t.co/3VXnHimnLs" target="_blank">pic.twitter.com/3VXnHimnLs</a></p>&mdash; Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1785206303041921354?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 30, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  445. </div></figure>
  446.  
  447.  
  448.  
  449. <h2 class="wp-block-heading">HashKey&#8217;s Proficient $PENDLE Trading Yields $8.46M Profit</h2>
  450.  
  451.  
  452.  
  453. <p>Following on the withdrawal, HashKey retains a balance of 624,804 $PENDLE tokens, which can be estimated to be about $2.74 million. It’s interesting to note that HashKey has proven to be a proficient trader within the $PENDLE market since it seems to buy the $PENDLE token at the lowest prices and subsequently sells them when the value is higher, implying potential profit.</p>
  454.  
  455.  
  456.  
  457. <p>During its <a href="https://blockchainreporter.net/glossary/trading/">trading</a> activities with the $PENDLE, HashKey has made enormous gains. Harmonically measured based on the offer, the total profit achieved amounted to $8.46 million, showing a massive change of 297 percent. The withdrawal of funds from the Binance platform by HashKeys is a compelling indication of the unpredictable and profitable nature of the cryptocurrency industry.</p>
  458.  
  459.  
  460.  
  461. <h2 class="wp-block-heading">HashKey&#8217;s Exit from Binance Reflects Market Volatility and Strategic Trading</h2>
  462.  
  463.  
  464.  
  465. <p>Traders need to make quick and informed conclusions and decisions in a market that is continuously changing and impacted by recent news and events. In this particular situation, the desire of HashKey to seize the opportunity and withdraw its money saved on the Binance website is generally pleasant and a sign of company perfection.</p>
  466.  
  467.  
  468.  
  469. <p>Lastly, HashKey’s recent exit from <a href="http://binance.com/" target="_blank" rel="noopener">Binance</a> trading indicates the high level of activity and volatility trading activities. As a result of this, the traders constantly engage in strategic movement to optimize their interests and gains.</p>
  470. ]]></content:encoded>
  474. </item>
  475. <item>
  476. <title>Crypto Trading Reaches Low Levels, Denoting an Indecisive Cycle: Says Santiment</title>
  477. <link>https://blockchainreporter.net/crypto-trading-reaches-low-levels-denoting-an-indecisive-cycle-says-santiment/</link>
  479. <dc:creator><![CDATA[Umair Younas]]></dc:creator>
  480. <pubDate>Tue, 30 Apr 2024 09:20:00 +0000</pubDate>
  481. <category><![CDATA[bitcoin news]]></category>
  482. <category><![CDATA[Market]]></category>
  483. <category><![CDATA[BTC]]></category>
  484. <guid isPermaLink="false">https://blockchainreporter.net/?p=77174</guid>
  485.  
  486. <description><![CDATA[<img width="150" height="84" src="https://blockchainreporter.net/wp-content/uploads/2024/01/bitcoin13.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin13" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" />Traders probably believe that shifting the assets would make them miss out on a potentially remarkable relief crypto trading rally.]]></description>
  487. <content:encoded><![CDATA[<img width="150" height="84" src="https://blockchainreporter.net/wp-content/uploads/2024/01/bitcoin13.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin13" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" />
  488. <p>The levels of crypto trading volume have recently decreased to a great extent. Santiment, a famous crypto intelligence platform, has disclosed that the current levels of the trading volume have touched the lows that were seen in January’s final week. The intelligence forum provided some insights in this respect on its official account on X.</p>
  489.  
  490.  
  491.  
  492. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  493. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Cryptocurrency</a> trading volume levels were last this low during the final week of January, and it appears that traders have entered into an indecisive sentiment cycle for trading.<br><br>The calls to <a href="https://twitter.com/hashtag/buythedip?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#buythedip</a> have fallen considerably, and those maintaining that <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#crypto</a> is in a… <a href="https://t.co/c9ZGydmvuY" target="_blank">pic.twitter.com/c9ZGydmvuY</a></p>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1785183439286882449?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 30, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  494. </div></figure>
  495.  
  496.  
  497.  
  498. <h2 class="wp-block-heading">The Volume of Crypto Trading Drop, Putting Traders in an Indecisive Cycle</h2>
  499.  
  500.  
  501.  
  502. <p>As per <a href="https://santiment.net/" target="_blank" rel="noopener">Santiment</a>, the present market scenario points toward a new shift in the case of traders. It added that the traders have reportedly become a part of an uncertain sentiment cycle. As a result of this, they find themselves in an indecisive situation in the case of crypto trading. In addition to the respective development, the urges to purchase the dip have also dropped at a significant scale.</p>
  503.  
  504.  
  505.  
  506. <p>Additionally, those who had been making endeavors to maintain their arguments regarding the bull cycle have also become silent. Keeping these factors in view, there are some speculations about the possible market scenario in the future. Nonetheless, on the other hand, there appears to be a big possibility for the traders to maintain their positions.</p>
  507.  
  508.  
  509.  
  510. <p>This means that, despite the current market sentiment, a large amount of traders may not make any changes. They probably believe that shifting the assets would make them miss out on a potentially remarkable relief rally. All of these factors have paved the way for a decline in the trading volume of the top crypto token.</p>
  511.  
  512.  
  513.  
  514. <h2 class="wp-block-heading">A Volume Surge May Ignite a Market-Wide Rally</h2>
  515.  
  516.  
  517.  
  518. <p>Hence, <a href="http://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoin</a> has seen a massive 60-70% dip in its trading volume since the big trading week at February’s end. Contrarily, several other factors can indicate a turnaround. However, a volume spike will likely play the role of a prominent turnaround signal to ignite a market-wide rally while heading into May.</p>
  519. ]]></content:encoded>
  523. </item>
  524. <item>
  525. <title>Massive Dogecoin (DOGE) and Book of Meme (BOME) Surge After DTX Exchange Presale Will Give 100X ROI</title>
  526. <link>https://blockchainreporter.net/massive-dogecoin-doge-and-book-of-meme-bome-surge-after-dtx-exchange-presale-will-give-100x-roi/</link>
  528. <dc:creator><![CDATA[Josh]]></dc:creator>
  529. <pubDate>Tue, 30 Apr 2024 09:10:00 +0000</pubDate>
  530. <category><![CDATA[altcoins news]]></category>
  531. <category><![CDATA[DOGE]]></category>
  532. <guid isPermaLink="false">https://blockchainreporter.net/?p=77195</guid>
  533.  
  534. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-150x150.png" class="webfeedsFeaturedVisual wp-post-image" alt="aaaafdv" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-150x150.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-96x96.png 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-75x75.png 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-350x350.png 350w" sizes="(max-width: 150px) 100vw, 150px" />Explore the potential of Dogecoin (DOGE) and Book of Meme (BOME) as they gear up for a surge. DTX Exchange's booming presale draws investors or 100X ROI.]]></description>
  535. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-150x150.png" class="webfeedsFeaturedVisual wp-post-image" alt="aaaafdv" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-150x150.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-96x96.png 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-75x75.png 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdv-1-350x350.png 350w" sizes="(max-width: 150px) 100vw, 150px" />
  536. <p>Nearly a week after the <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener">Bitcoin</a> halving event, two altcoins, Dogecoin (DOGE) and Book of Meme (BOME), alongside the innovative DTX Exchange, are drawing significant attention. Both altcoins have recently experienced price drops, prompting investors to anticipate a massive surge, particularly as the DTX Exchange presale promises potentially high returns.</p>
  537.  
  538.  
  539.  
  540. <h2 class="wp-block-heading">Meme-Days Are Coming! BOME Price Predicted To Soar With A Strong $521M Market Cap</h2>
  541.  
  542.  
  543.  
  544. <p><a href="https://coinmarketcap.com/currencies/book-of-meme/" target="_blank" rel="noopener">Book of Meme (BOME)</a> is a relatively new entrant in the altcoin market, positioned to tap into the vibrant meme culture within the cryptocurrency community. Priced at $0.009, BOME offers a unique blend of digital assets and cultural phenomenon, including the fickle yet serious nature of investment in meme-centric assets.</p>
  545.  
  546.  
  547.  
  548. <p>As a digital token, BOME seeks to provide not just a medium of exchange but also a form of engagement for its community, fostering a sense of belonging and participation. Despite its innovative approach, BOME price has faced challenges in the market by a 12.99% drop over the last seven days, bringing its market cap to $521 million – a 6.15% dip.</p>
  549.  
  550.  
  551.  
  552. <p>Such fluctuations are not uncommon in the speculative crypto market, where investor sentiments can shift rapidly, often influenced by broader market trends and news. However, the recent downturn has set the stage for potential rebounds, drawing the eyes of speculative investors and meme enthusiasts alike.</p>
  553.  
  554.  
  555.  
  556. <h2 class="wp-block-heading">Ride the Crypto Wave With Dogecoin&#8217;s (DOGE) $20.2B Market Cap Poised For A Strong Comeback</h2>
  557.  
  558.  
  559.  
  560. <p><a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener">Dogecoin (DOGE)</a>, famously known as DOGE, began as a joke in the crypto world but swiftly evolved into a prominent digital currency backed by a strong community and notable influencers like <a href="https://en.wikipedia.org/wiki/Elon_Musk" target="_blank" rel="noopener">Elon Musk</a>. With a current price of $0.14, DOGE has established itself as a strong player in the cryptocurrency market.</p>
  561.  
  562.  
  563.  
  564. <p>Its branding, centered around the <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener">Shiba Inu</a> dog meme, has helped maintain its popularity and relatability, appealing to a broad audience beyond traditional investors. In terms of performance, DOGE has also seen a significant price drop of 12.37% over the past week, with its market cap currently standing at $20.23 billion, reflecting a 6.21% decrease.</p>
  565.  
  566.  
  567.  
  568. <p>This decline is part of a broader market correction affecting many digital assets but has particularly impacted meme coins, which can be more sensitive to market sentiment and investor behavior. Despite this, the strong community support and widespread recognition might prime DOGE for a swift rebound as market conditions improve.</p>
  569.  
  570.  
  571.  
  572. <h2 class="wp-block-heading">DTX Exchange Improves Crypto Trading With Non-Custodial Wallets And Distributed Liquidity Pools</h2>
  573.  
  574.  
  575.  
  576. <p>As we pivot from renowned altcoins to the platforms that facilitate their growth,<a href="https://dtxexchange.com?utm_source=blockchainreporter&amp;utm_medium=arts&amp;utm_campaign=21" target="_blank" rel="noopener"> DTX Exchange </a>emerges as a strong competitor in the DeFi network. This platform not only caters to the trading needs of traditional assets like forex and equities but also provides a robust infrastructure for trading cryptocurrencies such as DOGE and BOME.</p>
  577.  
  578.  
  579.  
  580. <p>With features like 1000X leverage and a non-custodial wallet approach, DTX is setting itself apart in the competitive exchange market. DTX Exchange is particularly notable for its promise of a 100X return on investment in its ongoing presale, a bold claim that shows its ambitious strategy to attract investors.</p>
  581.  
  582.  
  583.  
  584. <h2 class="wp-block-heading">DTX Exchange Draws Investors With Reduced Trading Fees And Premium Features</h2>
  585.  
  586.  
  587.  
  588. <p>DTX Exchange aims to offer an easy and efficient trading experience by eliminating KYC requirements and using distributed liquidity pools. These features, coupled with the potential for high returns, make DTX an attractive platform for both novice and seasoned traders.</p>
  589.  
  590.  
  591.  
  592. <p>As the cryptocurrency market continues to mature, the interaction between innovative altcoins like DOGE and BOME and cutting-edge DeFi platforms like DTX Exchange will likely shape the future of digital investments.</p>
  593.  
  594.  
  595.  
  596. <p>With its strategic offerings and user-centric features, DTX is well-positioned to capitalize on the market&#8217;s dynamics, potentially leading to massive gains for its users and reforming crypto trading by large.</p>
  597.  
  598.  
  599.  
  600. <p><strong>Learn more:&nbsp;</strong></p>
  601.  
  602.  
  603.  
  604. <p><a href="https://dtxexchange.com?utm_source=blockchainreporter&amp;utm_medium=arts&amp;utm_campaign=21" target="_blank" rel="noopener"><strong>Visit DTX Presale</strong></a></p>
  605.  
  606.  
  607.  
  608. <p><a href="https://dtxexchange.com/uploads/DTXExchange.pdf" target="_blank" rel="noopener"><strong>Read Whitepaper</strong></a></p>
  609.  
  610.  
  611.  
  612. <p><a href="https://t.me/DTXExchange" target="_blank"><strong>Join The DTX Community</strong></a></p>
  613. ]]></content:encoded>
  617. </item>
  618. <item>
  619. <title>DeFi Presale Token Priced at $0.08 Being Labelled as the Next Polygon (MATIC), Experts Predict 10,000% Gains Like 2021</title>
  620. <link>https://blockchainreporter.net/defi-presale-token-priced-at-0-08-being-labelled-as-the-next-polygon-matic-experts-predict-10000-gains-like-2021/</link>
  622. <dc:creator><![CDATA[Josh]]></dc:creator>
  623. <pubDate>Tue, 30 Apr 2024 08:58:00 +0000</pubDate>
  624. <category><![CDATA[altcoins news]]></category>
  625. <category><![CDATA[MATIC]]></category>
  626. <guid isPermaLink="false">https://blockchainreporter.net/?p=77190</guid>
  627.  
  628. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-150x150.png" class="webfeedsFeaturedVisual wp-post-image" alt="aaaa" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-150x150.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-96x96.png 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-75x75.png 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-350x350.png 350w" sizes="(max-width: 150px) 100vw, 150px" />DeFi Alert! Algotech (ALGT) is a new project aiming to be the next Polygon (MATIC). Their presale token is only $0.08, and experts are predicting 10,000% gains like the DeFi boom of 2021. Could ALGT be the next big thing?]]></description>
  629. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-150x150.png" class="webfeedsFeaturedVisual wp-post-image" alt="aaaa" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-150x150.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-96x96.png 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-75x75.png 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaa423-1-350x350.png 350w" sizes="(max-width: 150px) 100vw, 150px" />
  630. <p>Algotech (ALGT), a red-hot DeFi project with an AI-powered trading platform, is sparking a frenzy with its presale. Priced at a mere $0.08, ALGT is drawing comparisons to the legendary rise of MATIC price.&nbsp;</p>
  631.  
  632.  
  633.  
  634. <p>But wait, there&#8217;s more! Experts are predicting a mind-blowing 10,000% gain for ALGT, echoing the euphoric heights of the 2021 DeFi boom.&nbsp;</p>
  635.  
  636.  
  637.  
  638. <p>Is Algotech destined for greatness, or is it simply a case of history repeating (with a twist of AI)? Dive in with us as we dissect the potential of ALGT and explore the fascinating parallels with MATIC price meteoric rise.</p>
  639.  
  640.  
  641.  
  642. <h2 class="wp-block-heading">Algotech: AI-Powered Trading Platform Poised to Revolutionize the Market</h2>
  643.  
  644.  
  645.  
  646. <p>Algotech is a revolutionary project aiming to empower DeFi users with an <a href="https://algotechtrade.com?utm_source=blockchainreporter&amp;utm_medium=pr&amp;utm_campaign=3004" target="_blank" rel="noopener">AI-powered platform</a>. Its native token, ALGT, fuels the ecosystem and grants access to its innovative features. Algotech&#8217;s USP lies in its suite of automated trading strategies and yield optimization tools, powered by cutting-edge artificial intelligence.&nbsp;</p>
  647.  
  648.  
  649.  
  650. <p>Investors are flocking to the ongoing presale, drawn to the $0.08 price point and the potential for significant future growth. The excitement surrounding Algotech is palpable, with many comparing it to the early days of Polygon (MATIC) and its wild success.</p>
  651.  
  652.  
  653.  
  654. <h2 class="wp-block-heading">Expert Predictions: A 10,000% Echo of 2021?</h2>
  655.  
  656.  
  657.  
  658. <p>Experts are buzzing with predictions for ALGT, with some throwing out a mind-boggling figure: a potential 10,000% gain. While this may seem like a fantasy, it draws a stark parallel to the DeFi boom of 2021. During that period, projects like Polygon (MATIC) price experienced similar explosive surges.</p>
  659.  
  660.  
  661.  
  662. <p>Remember MATIC? It started 2021 trading at a mere $0.018 and skyrocketed to a high of $2.20938 by year&#8217;s end, representing a staggering 12,250% increase. Back then, the DeFi space was fueled by a potent mix of innovative solutions and a wave of enthusiastic investors. Now, experts believe Algotech&#8217;s AI-powered approach could replicate that success, potentially attracting a new generation of DeFi users and investors hungry for disruption.</p>
  663.  
  664.  
  665.  
  666. <h2 class="wp-block-heading">Algotech vs. MATIC: Similarities and Differences</h2>
  667.  
  668.  
  669.  
  670. <p>While both Algotech and MATIC are DeFi projects with aspirations of disrupting the traditional financial landscape, their core functionalities differ. Algotech focuses on AI-powered trading tools, aiming to empower users with sophisticated automation and yield optimization strategies. In contrast, MATIC addresses the issue of scalability within the Ethereum ecosystem, facilitating faster and more cost-effective transactions.&nbsp;</p>
  671.  
  672.  
  673.  
  674. <p>Despite these differences, both projects cater to distinct yet interconnected needs within the DeFi space. This paves the way for potential future collaboration, where Algotech&#8217;s AI-powered tools could be leveraged on top of MATIC&#8217;s scalable infrastructure.</p>
  675.  
  676.  
  677.  
  678. <p>Disrupting the traditional trading landscape, Algotech is a decentralized platform leveraging cutting-edge AI algorithms to streamline the investment process. Their journey began in early 2024 with a successful private seed round, raising a staggering $1.1 million in just two days.</p>
  679.  
  680.  
  681.  
  682. <h2 class="wp-block-heading">Algotech Surpasses $4 Million in Presale: Attracts Global Investor Interest</h2>
  683.  
  684.  
  685.  
  686. <p>The momentum continued to build as Algotech launched the first stage of its public presale. Initially priced at $0.04 per token (ALGT), the offering attracted significant investor interest. Capitalizing on this enthusiasm, Algotech has surpassed expectations, exceeding $4 million raised during their third presale stage.&nbsp;</p>
  687.  
  688.  
  689.  
  690. <p>This impressive achievement highlights the growing demand for ALGT tokens, currently priced at $0.08 with an upcoming price increase to $0.10 in the next phase. Savvy investors are recognizing the immense potential of Algotech&#8217;s AI-powered solution, leading them to secure their share of the limited 350,000,000 ALGT tokens available.</p>
  691.  
  692.  
  693.  
  694. <p>DeFi presales offer a unique opportunity for innovative projects to raise capital and foster early investor participation. These presales allow projects to bypass traditional fundraising methods and directly connect with a passionate DeFi community.&nbsp;</p>
  695.  
  696.  
  697.  
  698. <p><strong>For more details about this project:</strong></p>
  699.  
  700.  
  701.  
  702. <p><a href="https://algotechtrade.com?utm_source=blockchainreporter&amp;utm_medium=pr&amp;utm_campaign=3004" target="_blank" rel="noopener">Visit Algotech Presale</a></p>
  703.  
  704.  
  705.  
  706. <p><a href="https://linktr.ee/algotech.trade" target="_blank" rel="noopener">Join The Algotech Community</a></p>
  707. ]]></content:encoded>
  711. </item>
  712. <item>
  713. <title>Top 10 BSC and Binance Chain Crypto Projects by Development Frequency: Santiment</title>
  714. <link>https://blockchainreporter.net/top-10-bsc-and-binance-chain-crypto-projects-by-development-frequency-santiment/</link>
  716. <dc:creator><![CDATA[Mushu Butt]]></dc:creator>
  717. <pubDate>Tue, 30 Apr 2024 08:44:40 +0000</pubDate>
  718. <category><![CDATA[blockchain news]]></category>
  719. <category><![CDATA[Binance]]></category>
  720. <category><![CDATA[BSC]]></category>
  721. <category><![CDATA[TWT]]></category>
  722. <guid isPermaLink="false">https://blockchainreporter.net/?p=77166</guid>
  723.  
  724. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bnb-chain-blackyellow" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />From $BTCB leading the pack to emerging contenders like $DUSK and $TWT, discover the top 10 BSC and Binance Chain crypto projects by development frequency.]]></description>
  725. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bnb-chain-blackyellow" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/02/bnb-chain-blackyellow-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  726. <p>In the ever-evolving landscape of cryptocurrency, staying abreast of the most active and promising projects is crucial for investors and enthusiasts alike. Recently, Santiment, a leading provider of cryptocurrency data and analytics, has unveiled the top 10 Binance Smart Chain (BSC) and Binance Chain crypto projects based on their development frequency.</p>
  727.  
  728.  
  729.  
  730. <p>Santiment took to X (formerly Twitter) to <a href="https://x.com/santimentfeed/status/1785022724819313045" target="_blank">share</a> their list of the top BSC and Binance Chain cryptocurrencies by development frequency. The methodology employed involved counting all non-redundant GitHub activity of each project and averaging their daily activity over the past 30 days.</p>
  731.  
  732.  
  733.  
  734. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  735. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9d1-200d-1f4bb.png" alt="🧑‍💻" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Here are <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#crypto</a>&#39;s top <a href="https://twitter.com/hashtag/BSC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BSC</a> and <a href="https://twitter.com/hashtag/BinanceChain?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BinanceChain</a> <a href="https://twitter.com/hashtag/cryptocurrencies?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#cryptocurrencies</a> by development frequency. This list is compiled by counting all non-redundant <a href="https://twitter.com/hashtag/github?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#github</a> activity of each project, and averaging their daily activity over the past 30 days. <a href="https://twitter.com/hashtag/BitcoinBEP2?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BitcoinBEP2</a> is currently at the top of… <a href="https://t.co/te6i49TfBa" target="_blank">pic.twitter.com/te6i49TfBa</a></p>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1785022724819313045?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 29, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  736. </div></figure>
  737.  
  738.  
  739.  
  740. <h2 class="wp-block-heading">The Leading Crypto Projects on BSC and Binance Chain</h2>
  741.  
  742.  
  743.  
  744. <p>According to Santiment&#8217;s analysis, Bitcoin BEP2 (BTCB) has emerged as the frontrunner, boasting a staggering 67% more activity per day compared to the next closest project. The dominance of <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">*BTC* </a>BEP2 underscores the significance of established cryptocurrencies even within the dynamic realm of BSC and Binance Chain. The complete list unveiled by Santiment comprises projects spanning various niches within the crypto space:</p>
  745.  
  746.  
  747.  
  748. <p><strong>1. Bitcoin BEP2 (BTCB):</strong> Leading the pack, Bitcoin BEP2 stands out with its robust development activity, signaling continued interest and innovation around the iconic cryptocurrency.</p>
  749.  
  750.  
  751.  
  752. <p><strong>2. Dusk (DUSK): </strong>Positioned as the second most actively developed project, Dusk brings privacy-focused solutions to the BSC and Binance Chain ecosystem, catering to users&#8217; growing concerns regarding data security and anonymity.</p>
  753.  
  754.  
  755.  
  756. <p><strong>3. Trust Wallet Token (TWT):</strong> Trust Wallet Token secures the third spot on the list, reflecting the significance of wallet infrastructure within the broader cryptocurrency landscape.</p>
  757.  
  758.  
  759.  
  760. <p><strong>4. Beefy.Finance (BIFI):</strong> Beefy.Finance, a decentralized finance (DeFi) platform, showcases its commitment to innovation and growth by securing a notable position on Santiment&#8217;s list.</p>
  761.  
  762.  
  763.  
  764. <p><strong>5. Flux (FLUX):</strong> Flux, a project focused on interoperability and scalability, emerges as a promising contender within the BSC and Binance Chain ecosystem, capturing the fifth spot.</p>
  765.  
  766.  
  767.  
  768. <p><strong>6. Saito (SAITO):</strong> Saito, with its emphasis on blockchain scalability and throughput, demonstrates its dedication to technological advancement, earning a commendable sixth place.</p>
  769.  
  770.  
  771.  
  772. <p><strong>7. Zigcoin (ZIG):</strong> Zigcoin&#8217;s presence among the top 10 underscores its significance within the BSC and Binance Chain community, reflecting its ongoing development efforts.</p>
  773.  
  774.  
  775.  
  776. <p><strong>8. ApeSwap Finance (BANANA): </strong>ApeSwap Finance, a decentralized exchange (DEX) and yield farming platform, showcases its active development and commitment to providing innovative DeFi solutions.</p>
  777.  
  778.  
  779.  
  780. <p><strong>9. Token Pocket (TPT):</strong> As a multi-chain wallet solution, Token Pocket occupies a pivotal role within the BSC and Binance Chain ecosystem, as reflected by its inclusion in Santiment&#8217;s list.</p>
  781.  
  782.  
  783.  
  784. <p><strong>10. Automata Network (ATA):</strong> Rounding off the top 10 is Automata Network, which focuses on enhancing privacy and security for decentralized applications (dApps), highlighting the growing importance of privacy-centric solutions.</p>
  785.  
  786.  
  787.  
  788. <p>Santiment&#8217;s unveiling of the top 10 BSC and Binance Chain crypto projects based on development frequency provides valuable insights for investors, developers, and enthusiasts alike. The list not only showcases the current leaders in development activity but also sheds light on emerging trends and areas of innovation within the vibrant crypto ecosystem. As the space continues to evolve, staying informed about such developments remains essential for navigating the ever-changing landscape of cryptocurrency.</p>
  789. ]]></content:encoded>
  793. </item>
  794. <item>
  795. <title>Daily Market Review: BTC, ETH, HNT, W, ENA</title>
  796. <link>https://blockchainreporter.net/daily-market-review-btc-eth-hnt-w-ena/</link>
  798. <dc:creator><![CDATA[Kester Odero]]></dc:creator>
  799. <pubDate>Tue, 30 Apr 2024 08:25:13 +0000</pubDate>
  800. <category><![CDATA[ethereum news]]></category>
  801. <category><![CDATA[Market]]></category>
  802. <guid isPermaLink="false">https://blockchainreporter.net/?p=77175</guid>
  803.  
  804. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="ethereum28" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Today's session is dominated by bears as $BTC failed to post gains with $ETH consolidates as $HNT, $W and $ENA emerged as the top gainers.]]></description>
  805. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="ethereum28" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/ethereum28-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  806. <p>Bears are still dormant in today’s session, as seen from the decrease in the global market cap. The total cap stood at $2.33T as of press time, representing a 2.14% decrease over the last 24 hours. The trading volume is also 23% up for the day, at $66.06B as of press time.</p>
  807.  
  808.  
  809.  
  810. <h2 class="wp-block-heading">Bitcoin Price Review</h2>
  811.  
  812.  
  813.  
  814. <p>Despite the general downtrend, <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a> is among the gainers in today’s session. An in-depth analysis of *BTC* price charts shows that the Bollinger Bands are narrowing, indicating decreased volatility and a potential buildup for a significant price move. The Bitcoin price is currently above the 20-period SMA (Simple Moving Average), suggesting a bullish trend in the short term.</p>
  815.  
  816.  
  817.  
  818. <p>On the other hand, the MACD (Moving Average Convergence Divergence) is above the signal line, indicating bullish momentum. As of press time, the Bitcoin price stood at $63,442, representing a 1.3% decrease from its previous 24-hour price.</p>
  819.  
  820.  
  821.  
  822. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/OCfEMNU2jEu5ATp4beD0QmB863G3lIJ1K5am_BYGFCaG3xdhBDYs7uXKGQSOoP5VzabbMzmRVE1piMJ_IJBumktsrqyOiY7AXE6WyymteysrV2XcvhqUdXcPbaJgxANkHeo7KrH7-hiLuMZ4Ifyawqc" alt=""/><figcaption class="wp-element-caption"><a href="https://www.tradingview.com/symbols/BTCUSD/" target="_blank" rel="noreferrer noopener">4-hour BTC/USD Chart | Source: TradingView</a></figcaption></figure>
  823.  
  824.  
  825.  
  826. <h2 class="wp-block-heading">Ethereum Price Review</h2>
  827.  
  828.  
  829.  
  830. <p><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/">Ethereum (ETH)</a> is facing consolidations in today’s session, as evidenced by its price movement. Analysing *ETH* price charts, we notice that the Alligator indicator suggests the market is currently in a consolidation phase, with the lines intertwined and flat.</p>
  831.  
  832.  
  833.  
  834. <p>Woodie’s CCI (Commodity Channel Index) lacks clear momentum, hovering around the zero line, indicating a sideways market. The Ethereum price is trading around the middle of the Alligator’s jaws, suggesting no clear trend. As of press time, the Ethereum price stood at $3,172, representing a 0.01% increase from its previous 24-hour price.</p>
  835.  
  836.  
  837.  
  838. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/LrDjuWo5BNguCtK_Wyodms6jtpcDj_mprqGE7PIeqDCyqkPG4p9SIRw5t7fNZ76lu1Ru3aPXW-ubNKBEQojTemrvK1pHArBNsZjLVs8HU8q_fKycZbFhwG3-bHMW-r4JqsYE4kR5cLN5RQr8mWriGIM" alt=""/><figcaption class="wp-element-caption"><a href="https://www.tradingview.com/symbols/ETHUSD/" target="_blank" rel="noreferrer noopener">4-hour ETH/USD Chart | Source: TradingView</a></figcaption></figure>
  839.  
  840.  
  841.  
  842. <h2 class="wp-block-heading">Helium Price Review</h2>
  843.  
  844.  
  845.  
  846. <p>Helium (HNT) is today’s top gainer, as evidenced by its price movements during today’s session. Analysing Helium price charts, we see that the Supertrend indicator recently turned bullish, as seen by the green bar below the price, suggesting a potential uptrend. However, the recent Helium price action has entered a red cloud, indicating some resistance or a possible trend reversal.</p>
  847.  
  848.  
  849.  
  850. <p>On the other hand, the MFI (Money Flow Index) is in the overbought region, which can sometimes precede a price pullback. As of press time, the Helium price stood at $5.81, representing a 13.2% increase from its previous 24-hour price.</p>
  851.  
  852.  
  853.  
  854. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/W9oPMZaiHlS36wu2SFVzcsOxf37EcFcVksTDaF0VREndyh2U6nzk-5uU26o45uo_DrahtGQlbLt5iACBeBwZX8c4vJB1wTrVhtOWpQ-lTMShQEJ3tGrH86tTS7GsZzJOwRb7c4b3R5DXTeYdG9BxX4Q" alt=""/><figcaption class="wp-element-caption"><a href="https://www.tradingview.com/symbols/HNTUSDT/" target="_blank" rel="noreferrer noopener">4-hour HNT/USD Chart | Source: TradingView</a></figcaption></figure>
  855.  
  856.  
  857.  
  858. <h2 class="wp-block-heading">Wormhole Price Review</h2>
  859.  
  860.  
  861.  
  862. <p>Wormhole (W) is another gainer in today’s session as seen from its recent price actions. Analysing Wormhole price charts, we see the Wormhole price trading within the Ichimoku Cloud, indicating uncertainty and a lack of clear direction. The Wormhole price has been oscillating around the Ichimoku Cloud, without a decisive breakout.</p>
  863.  
  864.  
  865.  
  866. <p>On the other hand, the Volume Oscillator doesn’t show any significant peaks, implying a moderate level of trading activity without central buying or selling pressure. As of press time, the Wormhole price stood at $0.6693, representing a 14.7% increase from its previous 24-hour price.</p>
  867.  
  868.  
  869.  
  870. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/YrAXXj0jvKJmnCaJxWolh8iFVjrHcTV1fP4Ylqqu_781mTcoGKeSM_ZD6vlVokvVRgFnziB8bsSUHj9B7ZyY1ivBbUm8WM8UOsMlY9UeN2d_1ay0ovQr47afGQTwixQN6-XFvJML2163xwVdW5DLMc4" alt=""/><figcaption class="wp-element-caption"><a href="https://www.tradingview.com/symbols/WUSDT/" target="_blank" rel="noopener">4-hour W/USDT Chart | Source: TradingView</a></figcaption></figure>
  871.  
  872.  
  873.  
  874. <h2 class="wp-block-heading">Ethena Price Review</h2>
  875.  
  876.  
  877.  
  878. <p>Ethena (ENA) is the other top gainer in today’s session, as seen from its price movements today. Looking at Ethena price charts, we see the Ethereum price is currently in the upper half of the pitchfork, indicating potential resistance if the price tries to move upward.</p>
  879.  
  880.  
  881.  
  882. <p>On the other hand, the RSI (Relative Strength Index) is near the 50 level, which doesn&#8217;t indicate a strong momentum in either direction. As of press time, the Ethena price stood at $0.9008, representing a 13.4% increase from its previous 24-hour price.</p>
  883.  
  884.  
  885.  
  886. <figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/64HKQnqA9pnTlyD1OM5WKyd6Nc6DMCylRDD-EekMYl_USMBvQStlpWAInxi2e3r4aoUSnZVzShBxFuyciPhR2mYvymWeD3HeiS2TufvqIY7exo1_yAf3UpS697GFNeuV7s7fBrtSamBoY2taKHgsx6o" alt=""/><figcaption class="wp-element-caption"><a href="https://www.tradingview.com/symbols/ENAUSDT/" target="_blank" rel="noopener">4-hour ENA/USD Chart | Source: TradingView</a></figcaption></figure>
  887. ]]></content:encoded>
  891. </item>
  892. <item>
  893. <title>Top Cryptos Every Trader Should Have In Their Portfolio</title>
  894. <link>https://blockchainreporter.net/top-cryptos-every-trader-should-have-in-their-portfolio/</link>
  896. <dc:creator><![CDATA[Josh]]></dc:creator>
  897. <pubDate>Tue, 30 Apr 2024 08:10:00 +0000</pubDate>
  898. <category><![CDATA[altcoins news]]></category>
  899. <category><![CDATA[MATIC]]></category>
  900. <category><![CDATA[OP]]></category>
  901. <guid isPermaLink="false">https://blockchainreporter.net/?p=77179</guid>
  902.  
  903. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-150x150.jpeg" class="webfeedsFeaturedVisual wp-post-image" alt="aaaae" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-150x150.jpeg 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-96x96.jpeg 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-75x75.jpeg 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-350x350.jpeg 350w" sizes="(max-width: 150px) 100vw, 150px" />Learn which are the top three cryptos with high ROI probability to buy this year as we look at KangaMoon, Optimism and Polygon.]]></description>
  904. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-150x150.jpeg" class="webfeedsFeaturedVisual wp-post-image" alt="aaaae" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-150x150.jpeg 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-96x96.jpeg 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-75x75.jpeg 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaae434-350x350.jpeg 350w" sizes="(max-width: 150px) 100vw, 150px" />
  905. <p>As the broader Web3 markets turn towards a bullish direction, many traders are looking for opportunities through which they can diversify their crypto holdings to build a well-rounded portfolio. Recently, Optimism (OP) broke past $2.50, and Polygon (MATIC) breached the $0.70 resistance point, which has placed them as top selections for many enthusiasts.&nbsp;</p>
  906.  
  907.  
  908.  
  909. <p>Yet, an upcoming presale-stage project is positioned to see far more substantial gains, as it not only surged 290% but also raised over $5.9 million even during its blockchain ICO period and that&#8217;s KangaMoon (KANG). We will go over all three to see why they are the best cryptos to buy now.</p>
  910.  
  911.  
  912.  
  913. <h2 class="wp-block-heading">Optimism (OP) Grows Above $2.50 – Is $3.50 Next?</h2>
  914.  
  915.  
  916.  
  917. <p>Optimism (OP) has showcased a remarkable level of growth on the charts as it recently broke past the major $2.50 resistance. The <a href="https://www.coingecko.com/en/coins/optimism" target="_blank" rel="noopener">Optimism price</a> is bullish on the year-to-date (YTD) as well as the weekly chart.</p>
  918.  
  919.  
  920.  
  921. <p>Going over the important metrics, the Optimism crypto experienced a price uptrend during the week where it went from $2.22 to $2.60. Now, it&#8217;s bullish, and could experience even more substantial gains if it retains the attention from bulls and whales. According to the Optimism price prediction, it can end 2024 at $3.80, making it one of the best cryptos to buy now.</p>
  922.  
  923.  
  924.  
  925. <h2 class="wp-block-heading">Polygon (MATIC) Breaks Past $0.70 and Can Soon Reach Above $1</h2>
  926.  
  927.  
  928.  
  929. <p>Polygon (MATIC) has broken out of a price correction phase which initially resulted in a 31% price decline. Since then, the <a href="https://www.coingecko.com/en/coins/polygon" target="_blank" rel="noopener">Polygon price</a> has begun moving upwards, and could experience an even more substantial price uptrend.</p>
  930.  
  931.  
  932.  
  933. <p>During the span of the previous week, the Polygon crypto has gone up from $0.6683 to a maximum price point of $0.7618. As a result, it broke past the $0.70 resistance, and now $1 marks its next major price barrier. Yet, according to the Polygon price prediction, it can end 2024 at $1.10.&nbsp;</p>
  934.  
  935.  
  936.  
  937. <h2 class="wp-block-heading">KangaMoon (KANG) Raises Over $5.9M and Gains 20,000 Users</h2>
  938.  
  939.  
  940.  
  941. <p>Alongside the bullish momentum experienced by both OP and MATIC, another crypto that’s gained the most level of attention from traders on a global scale is KangaMoon (KANG), which has the potential to pass them in terms of growth as it displays bullish on-chart momentum.</p>
  942.  
  943.  
  944.  
  945. <p>Throughout the previous trading sessions, KANG has seen a substantial price uptrend, where it moved from $0.005 to $0.0196 in value, marking a major 290% price increase. The key aspects which have enabled this crypto to stand out is its unique approach, where it combines a community-driven approach, Social-Fi elements and a dedicated Play-to-Earn (P2E) game.</p>
  946.  
  947.  
  948.  
  949. <p>This approach has worked, as there are now over 20,000 registered users and 6,000 KANG token holders. Recently, the team also established a strategic partnership with RaidSharks to boost community engagement and has created a massive monthly reward pool.&nbsp;</p>
  950.  
  951.  
  952.  
  953. <p>In addition, it raised over $5.9 million and is projected to soon raise even above $6 million as-well due to the influx of new traders to the project. According to analysts, KangaMoon is positioned to spike in value to $1 by the end of Q4, 2024, which will enable high ROI opportunities, making it the best cryptocurrency to invest in.</p>
  954.  
  955.  
  956.  
  957. <h2 class="wp-block-heading">Summary</h2>
  958.  
  959.  
  960.  
  961. <p>While both Optimism and Polygon are displaying major bullish on-chart performance, they are not alone, as KangaMoon can also provide substantial gains. The project has already stood out as a major competitor, and following its launch and major exchange listings can dominate the charts, positioning KANG as the best cryptocurrency to invest in.</p>
  962.  
  963.  
  964.  
  965. <p><strong>Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!</strong></p>
  966.  
  967.  
  968.  
  969. <p><strong>Website: </strong><a href="https://kangamoon.com/" target="_blank" rel="noopener"><strong>https://Kangamoon.com/</strong></a></p>
  970.  
  971.  
  972.  
  973. <p><strong>Join Our Telegram Community: </strong><a href="https://t.me/kangamoonofficial" target="_blank"><strong>https://t.me/Kangamoonofficial</strong></a></p>
  974. ]]></content:encoded>
  978. </item>
  979. <item>
  980. <title>Top Cryptos To Add To Your Portfolio for Massive Returns – Solana (SOL), Dogwifhat (WIF), and NuggetRush (NUGX)</title>
  981. <link>https://blockchainreporter.net/top-cryptos-to-add-to-your-portfolio-for-massive-returns-solana-sol-dogwifhat-wif-and-nuggetrush-nugx/</link>
  983. <dc:creator><![CDATA[Josh]]></dc:creator>
  984. <pubDate>Tue, 30 Apr 2024 08:00:00 +0000</pubDate>
  985. <category><![CDATA[altcoins news]]></category>
  986. <guid isPermaLink="false">https://blockchainreporter.net/?p=77140</guid>
  987.  
  988. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-150x150.jpeg" class="webfeedsFeaturedVisual wp-post-image" alt="aaaaazczcx" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-150x150.jpeg 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-96x96.jpeg 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-75x75.jpeg 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-350x350.jpeg 350w" sizes="(max-width: 150px) 100vw, 150px" />Solana (SOL), Dogwifhat (WIF), and NuggetRush (NUGX) are three coins with significant growth potential and the potential for massive returns.]]></description>
  989. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-150x150.jpeg" class="webfeedsFeaturedVisual wp-post-image" alt="aaaaazczcx" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-150x150.jpeg 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-96x96.jpeg 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-75x75.jpeg 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaaazczcx-350x350.jpeg 350w" sizes="(max-width: 150px) 100vw, 150px" />
  990. <p><strong>TLDR:</strong></p>
  991.  
  992.  
  993.  
  994. <ul>
  995. <li>A top crypto trader has predicted a ‘violent breakout’ for Solana as a bullish pattern forms.</li>
  996.  
  997.  
  998.  
  999. <li>Dogwifhat has been tipped to hit a new ATH above $5 in the coming weeks.</li>
  1000.  
  1001.  
  1002.  
  1003. <li>NuggetRush has been building momentum and has been predicted to close above $1 in 2024.</li>
  1004. </ul>
  1005.  
  1006.  
  1007.  
  1008. <p>As the cryptocurrency regains bullish momentum, the question of what crypto should I buy is beginning to pop up more frequently. While there are thousands of options in the market, crypto analysts have picked Solana (SOL), Dogwifhat (WIF), and <a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=bcr&amp;utm_content=2" target="_blank" rel="noopener">NuggetRush (NUGX)</a> as the best cryptos to buy for massive gains.</p>
  1009.  
  1010.  
  1011.  
  1012. <p><a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=bcr&amp;utm_content=2" target="_blank" rel="noopener">&gt;&gt; Buy NuggetRush Now &lt;&lt;</a></p>
  1013.  
  1014.  
  1015.  
  1016. <h2 class="wp-block-heading">NuggetRush (NUGX) To Lead the GameFi Industry With Innovative New Concept&nbsp;</h2>
  1017.  
  1018.  
  1019.  
  1020. <p>GameFi is a fast-growing industry with the potential to hit <a href="https://www.linkedin.com/pulse/blockchain-gaming-market-size-trends-industry-wmzsf#:~:text=The%20global%20Blockchain%20Gaming%20Market,21.8%25%20during%20the%20forecast%20period." target="_blank" rel="noopener">$615 billion</a> by 2030. <a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=bcr&amp;utm_content=2" target="_blank" rel="noopener">NuggetRush (NUGX)</a> is one of the emerging new DeFi projects poised to lead the growth of this industry. NuggetRush has created a dynamic gaming ecosystem that allows investors the potential to generate a steady stream of passive income.</p>
  1021.  
  1022.  
  1023.  
  1024. <p>The game is centered around a virtual mining world where players go in search of gold and other precious minerals. However, a feature that sets NuggetRush apart from even the best DeFi projects is its impact gaming model.&nbsp;</p>
  1025.  
  1026.  
  1027.  
  1028. <p>The NuggetRush team has announced that a portion of its profits will be used to reward artisanal miners in poor, underdeveloped countries. This extends the reach of NuggetRush into the real world, making NUGX one of the top social tokens. This new model has caught the attention of investors, helping NuggetRush raise over $3.8 million during its crypto ICO.</p>
  1029.  
  1030.  
  1031.  
  1032. <p>This innovative new concept makes NUGX one of the best gaming tokens to buy. NUGX was also listed on Uniswap at $0.020 per coin. As the dominance of the platform in the GameFi market grows, crypto experts have forecasted a potential 50x price surge for NuggetRush, making it the best crypto to buy in 2024.</p>
  1033.  
  1034.  
  1035.  
  1036. <p><a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=bcr&amp;utm_content=2" target="_blank" rel="noopener">&gt;&gt; Buy NuggetRush Now &lt;&lt;</a></p>
  1037.  
  1038.  
  1039.  
  1040. <h2 class="wp-block-heading">Analyst Predicts ‘Violent Breakout’ for Solana (SOL)&nbsp;</h2>
  1041.  
  1042.  
  1043.  
  1044. <p>Solana (SOL) has been one of the best-performing cryptos since the recent crypto crash. Over the last week, the price of Solana has increased by more than 19%. As a result, the price of Solana has rallied back above $160.</p>
  1045.  
  1046.  
  1047.  
  1048. <p>Amidst this recovery, a top crypto trader, Bluntz, has predicted an imminent price breakout for Solana. <a href="https://twitter.com/Bluntz_Capital/status/1782538342401491388" target="_blank" rel="noopener">Bluntz predicts</a> that the altcoin price could experience a violent breakout as it is forming a bullish pattern on the weekly chart. This rally could take Solana back above $200 in the coming weeks.</p>
  1049.  
  1050.  
  1051.  
  1052. <h2 class="wp-block-heading">Major Rally Could Send the Price of Dogwifhat (WIF) Above $5</h2>
  1053.  
  1054.  
  1055.  
  1056. <p>Dogwifhat (WIF) was one of the top bullish memecoins in the first quarter. However, in the recent crypto crash, the price of WIF tumbled from a high of $4.90 to as low as $2.20. However, Dogwifhat has been recovering, rallying by 40% on the weekly chart to cross the $3.50 resistance level.</p>
  1057.  
  1058.  
  1059.  
  1060. <p>However, crypto analyst 99Bitcoins has <a href="https://www.youtube.com/watch?v=qJzSqZ2L1aA" target="_blank" rel="noopener">predicted</a> that the Solana-based meme coin could extend its gains over the next few weeks. Based on his predictions, the price of Dogwifhat could surge above $5.00 in the current bull cycle, making WIF one of the best memecoins to buy now.</p>
  1061.  
  1062.  
  1063.  
  1064. <h2 class="wp-block-heading">Finally</h2>
  1065.  
  1066.  
  1067.  
  1068. <p>Solana, Dogwifhat, and NuggetRush are three high-potential altcoins to watch in the coming weeks. Based on these predictions from top experts, Investors should consider adding to their portfolios for massive returns in the next few weeks.</p>
  1069.  
  1070.  
  1071.  
  1072. <p><a href="https://nuggetrush.io?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=bcr&amp;utm_content=2" target="_blank" rel="noopener">Visit the NuggetRush Website</a></p>
  1073. ]]></content:encoded>
  1077. </item>
  1078. <item>
  1079. <title>Crypto Market Volatility Sparks Fear, Analyst Highlights Investor Concerns</title>
  1080. <link>https://blockchainreporter.net/crypto-market-volatility-sparks-fear-analyst-highlights-investor-concerns/</link>
  1082. <dc:creator><![CDATA[Mushu Butt]]></dc:creator>
  1083. <pubDate>Tue, 30 Apr 2024 07:30:00 +0000</pubDate>
  1084. <category><![CDATA[bitcoin news]]></category>
  1085. <category><![CDATA[Market]]></category>
  1086. <guid isPermaLink="false">https://blockchainreporter.net/?p=77171</guid>
  1087.  
  1088. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="red-bitcoin" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Recent weeks have seen a dramatic crypto market downturn following earlier euphoria, triggering widespread fear and uncertainty among investors.]]></description>
  1089. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="red-bitcoin" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/01/red-bitcoin-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  1090. <p>The rollercoaster ride that is the crypto market has taken investors on yet another whirlwind journey, with recent weeks seeing a dramatic downturn following the euphoria of earlier this year. At the pinnacle of this surge, <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a>, the flagship cryptocurrency, soared to unprecedented heights, smashing through the $70,000 barrier to set a new all-time high of $73,835 in March. However, the exuberance was short-lived, as the market swiftly corrected, sending shockwaves through the crypto community.</p>
  1091.  
  1092.  
  1093.  
  1094. <p>In the wake of this downturn, even after the recent Bitcoin halving event, a wave of fear, uncertainty, and doubt (FUD) has gripped the market, leading to widespread panic among participants. Amidst this turmoil, a notable figure in the crypto space, known as OSF, took to the social media platform X to <a href="https://x.com/osf_rekt/status/1784268944125108584" target="_blank">shed light</a> on the perplexing dichotomy of investor sentiment.</p>
  1095.  
  1096.  
  1097.  
  1098. <p>OSF’s observations struck at the heart of the matter, highlighting the curious phenomenon wherein investors, despite witnessing significant gains compared to a year ago, find themselves grappling with a sense of discontent and apprehension. This sentiment, as OSF pointed out, stems from the fundamental motivation driving most participants in the crypto space: the pursuit of financial prosperity.</p>
  1099.  
  1100.  
  1101.  
  1102. <h2 class="wp-block-heading">Breaking Down Crypto FUD</h2>
  1103.  
  1104.  
  1105.  
  1106. <p>In a thought-provoking tweet, OSF dissected the underlying psychology of crypto investors, revealing that the allure of exponential returns has fueled dreams of achieving life-altering wealth. It is this pursuit of financial freedom that underpins much of the excitement and anxiety prevalent in the market today. However, what sets the current state of affairs apart is the proximity to these lofty aspirations.</p>
  1107.  
  1108.  
  1109.  
  1110. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  1111. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">It’s funny how the timeline feels more upset when we fail to breakout compared to a bear market, despite every coin being materially higher than it was a year ago. <br><br>I’ll tell you why tho. Pretty much everyone speculating in crypto is in it for one reason…money…and there is no…</p>&mdash; OSF (@osf_rekt) <a href="https://twitter.com/osf_rekt/status/1784268944125108584?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 27, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  1112. </div></figure>
  1113.  
  1114.  
  1115.  
  1116. <p>Unlike during bear markets, where dreams of financial independence may seem distant and abstract, the recent surge in prices has brought many investors tantalizingly close to realizing their goals. As OSF aptly noted, the prospect of achieving such dreams feels within reach, with investors perhaps just a few exponential gains away from their desired level of financial freedom. Yet, it is precisely this tantalizing proximity that has intensified investor angst and trepidation.</p>
  1117.  
  1118.  
  1119.  
  1120. <p>The fear of missing out on life-changing gains, coupled with the specter of a potential market downturn, has cast a shadow of uncertainty over the crypto landscape. OSF’s insights underscored a fundamental truth about the crypto market: it is not merely about the absolute value of gains or losses, but rather about the journey towards achieving one’s financial aspirations.</p>
  1121.  
  1122.  
  1123.  
  1124. <p>The current discontent among investors, therefore, is not rooted in a lack of appreciation for the gains witnessed thus far, but rather in the fear of falling short of realizing their dreams. As the crypto market navigates through this period of turbulence, market participants closely monitor price movements, acutely aware of the profound impact these factors will have on the future trajectory. In the face of uncertainty, one thing remains certain: the crypto rollercoaster shows no signs of slowing down, leaving investors bracing for whatever twists and turns lie ahead.</p>
  1125. ]]></content:encoded>
  1129. </item>
  1130. <item>
  1131. <title>Why Raboo Might Be the Sleeper Hit of Crypto Investments, Towering Over Litecoin and Filecoin</title>
  1132. <link>https://blockchainreporter.net/why-raboo-might-be-the-sleeper-hit-of-crypto-investments-towering-over-litecoin-and-filecoin/</link>
  1134. <dc:creator><![CDATA[Josh]]></dc:creator>
  1135. <pubDate>Tue, 30 Apr 2024 07:15:00 +0000</pubDate>
  1136. <category><![CDATA[altcoins news]]></category>
  1137. <guid isPermaLink="false">https://blockchainreporter.net/?p=77146</guid>
  1138.  
  1139. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-150x150.png" class="webfeedsFeaturedVisual wp-post-image" alt="aaacxzzxc" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-150x150.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-96x96.png 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-75x75.png 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-350x350.png 350w" sizes="(max-width: 150px) 100vw, 150px" />Raboo emerges as a sleeper hit in crypto investments, promising more than typical giants like LTC and FIL, with its innovative blend of AI and meme culture.
  1140.  
  1141.  
  1142.  
  1143.  
  1144.  
  1145.  
  1146.  
  1147.  
  1148.  
  1149.  
  1150.  
  1151.  
  1152. ]]></description>
  1153. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-150x150.png" class="webfeedsFeaturedVisual wp-post-image" alt="aaacxzzxc" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-150x150.png 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-96x96.png 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-75x75.png 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaacxzzxc-350x350.png 350w" sizes="(max-width: 150px) 100vw, 150px" />
  1154. <p>In the fast-paced world of crypto investments, savvy investors are constantly on the lookout for the next big opportunity to maximize their returns. Amidst traditional giants like Litecoin and Filecoin, <a href="https://rabootoken.com?&amp;utm_source=marketing&amp;utm_campaign=BLKR&amp;utm_id=3004-5" target="_blank" rel="noopener">Raboo</a> has appeared as a potential sleeper hit priced at<strong> just $0.0042</strong>. It combines cutting-edge technology with the infectious appeal of meme culture to create a unique crypto investment proposition that has already raised <strong>over $1 million</strong>.</p>
  1155.  
  1156.  
  1157.  
  1158. <h2 class="wp-block-heading">Litecoin (LTC): The established alternative</h2>
  1159.  
  1160.  
  1161.  
  1162. <p>Litecoin, often viewed as the silver to Bitcoin&#8217;s gold, has long been a staple in the crypto world. Known for its stability and relatively quick transaction times, it has maintained a loyal following, helping keep the Litecoin price relatively consistent.</p>
  1163.  
  1164.  
  1165.  
  1166. <p>However, as the crypto market expands and diversifies, Litecoin&#8217;s conventional attributes may not resonate as strongly with the newer, more tech-savvy generation of investors looking for more than just digital cash — especially given how well-known the project is and the limited potential for a surge in the Litecoin price — a key element in ensuring that an investor&#8217;s tokens are able to produce strong returns in the bull run.</p>
  1167.  
  1168.  
  1169.  
  1170. <h2 class="wp-block-heading">Filecoin (FIL): The data storage innovator</h2>
  1171.  
  1172.  
  1173.  
  1174. <p>Filecoin has carved out a niche in the decentralized storage market, offering an innovative solution that allows users to rent out their spare disk space. Although Filecoin&#8217;s model is revolutionary, the platform&#8217;s technical complexity and the niche appeal of Filecoin’s use case may limit its potential for widespread adoption. The complexity can hamper its potential as a crypto investment compared to more universally appealing cryptocurrencies like Raboo. While Filecoin could play a key role in Web3 infrastructure in the future, it may not produce stellar returns this year.</p>
  1175.  
  1176.  
  1177.  
  1178. <h2 class="wp-block-heading">Raboo (RABT): A blend of AI and meme magic</h2>
  1179.  
  1180.  
  1181.  
  1182. <p>Raboo offers much more than the average meme coin. Its integration of <strong>AI technology with meme culture</strong> creates a dynamic and engaging ecosystem. With its proprietary technology, Rabooscan, Raboo sifts through social media to curate and enhance viral meme content, ensuring that the coin remains at the forefront of digital trends. This approach increases the coin&#8217;s visibility and bolsters its market position against more traditional crypto projects, making it one of the most exciting crypto investment choices available.</p>
  1183.  
  1184.  
  1185.  
  1186. <p>What sets Raboo apart is its presale at a significantly lower entry point now –<strong>just $0.0042</strong>, with analysts predicting a <strong>100x return post-launch.</strong> This aggressive forecast is backed by Raboo&#8217;s robust tokenomics and a community-driven ecosystem that rewards engagement with contests and special events. Such strategies not only foster a loyal user base but also increase the intrinsic value of the token.</p>
  1187.  
  1188.  
  1189.  
  1190. <h2 class="wp-block-heading">A new era of crypto investments</h2>
  1191.  
  1192.  
  1193.  
  1194. <p>As crypto projects like Litecoin and Filecoin continue to battle the issues of market saturation and specialized use cases, <a href="https://rabootoken.com?&amp;utm_source=marketing&amp;utm_campaign=BLKR&amp;utm_id=3004-5" target="_blank" rel="noopener">Raboo</a> looks set to capture the imagination of a broad audience with its innovative meme-centric approach. With its strong community focus, cutting-edge AI integration, and potential for significant profits, Raboo stands out as a promising investment for those looking to diversify their portfolios in 2024.</p>
  1195.  
  1196.  
  1197.  
  1198. <p>As the crypto world continues to evolve, embracing innovative projects like Raboo by securing tokens early in the presale could be the key to achieving outstanding returns.</p>
  1199.  
  1200.  
  1201.  
  1202. <p><strong>You can participate in the Raboo presale </strong><a href="https://rabootoken.com?&amp;utm_source=marketing&amp;utm_campaign=BLKR&amp;utm_id=3004-5" target="_blank" rel="noopener"><strong>here</strong></a>.</p>
  1203. ]]></content:encoded>
  1207. </item>
  1208. <item>
  1209. <title>NEAR And Jupiter Pull Excellent Bounceback; Early Investors On $MEDA Continue To Ride Bullish Wave</title>
  1210. <link>https://blockchainreporter.net/near-and-jupiter-pull-excellent-bounceback-early-investors-on-meda-continue-to-ride-bullish-wave/</link>
  1212. <dc:creator><![CDATA[Josh]]></dc:creator>
  1213. <pubDate>Tue, 30 Apr 2024 07:00:00 +0000</pubDate>
  1214. <category><![CDATA[altcoins news]]></category>
  1215. <category><![CDATA[JUP]]></category>
  1216. <category><![CDATA[NEAR]]></category>
  1217. <guid isPermaLink="false">https://blockchainreporter.net/?p=77137</guid>
  1218.  
  1219. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-150x150.jpeg" class="webfeedsFeaturedVisual wp-post-image" alt="aaaafdas" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-150x150.jpeg 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-96x96.jpeg 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-75x75.jpeg 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-350x350.jpeg 350w" sizes="(max-width: 150px) 100vw, 150px" />NEAR and Jupiter experience notable rebounds, as $MEDA investors continue to enjoy substantial gains in the crypto market.
  1220.  
  1221.  
  1222. ]]></description>
  1223. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-150x150.jpeg" class="webfeedsFeaturedVisual wp-post-image" alt="aaaafdas" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-150x150.jpeg 150w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-96x96.jpeg 96w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-75x75.jpeg 75w, https://blockchainreporter.net/wp-content/uploads/2024/04/aaaafdas-350x350.jpeg 350w" sizes="(max-width: 150px) 100vw, 150px" />
  1224. <h2 class="wp-block-heading">TLDR</h2>
  1225.  
  1226.  
  1227.  
  1228. <ul>
  1229. <li>NEAR Protocol (NEAR) <strong>rose 40%</strong> on the weekly charts.</li>
  1230.  
  1231.  
  1232.  
  1233. <li>Jupiter (JUP) sees a <strong>20.8% rise</strong> in value within a week.</li>
  1234.  
  1235.  
  1236.  
  1237. <li><strong>Milei Moneda</strong> <strong>($MEDA)</strong> is still a <strong>top crypto to buy</strong> as it continues to thrive during its presale.</li>
  1238. </ul>
  1239.  
  1240.  
  1241.  
  1242. <p><strong>NEAR Protocol (NEAR)</strong> has recently benefited from the wave of interest in AI projects and is seeing a double-digit increase in the NEAR price. Meanwhile, although <strong>Jupiter (JUP)</strong> has dropped 47% from its <strong>ATH </strong>value, JUP has recovered, posting a 17% gain within a week. However, experts believe <strong>Milei Moneda ($MEDA) </strong>is still the <strong>best cryptocurrency to invest in</strong> 2024.</p>
  1243.  
  1244.  
  1245.  
  1246. <p><a href="https://mileimoneda.io?&amp;utm_source=marketing&amp;utm_campaign=tbcr&amp;utm_id=995" target="_blank" rel="noopener">Economize Like Milei: Invest in $MEDA!</a></p>
  1247.  
  1248.  
  1249.  
  1250. <h2 class="wp-block-heading">NEAR Surges as AI Coins Resume the Price Boom</h2>
  1251.  
  1252.  
  1253.  
  1254. <p>NEAR Protocol, the number one AI cryptocurrency by market cap, enjoyed huge success recently, pumping <strong>more than 40%</strong> over the past week. This recent increase in NEAR’s price reflects a <strong>huge wave of interest</strong> in AI projects, which includes NEAR among the <strong>top crypto coins</strong>.</p>
  1255.  
  1256.  
  1257.  
  1258. <p>While the real reason for NEAR Protocol’s strong performance is open to debate, it may be attributed to the <strong>recent development</strong> of the NEAR Protocol’s ecosystem.</p>
  1259.  
  1260.  
  1261.  
  1262. <p>Recently,<strong> Hot Protocol</strong> launched its beta product, thereby bringing NEAR Protocol’s technology to Telegram. With this development, Telegram users can circumvent seed phrases, <strong>creating self-custodial wallets</strong> that are compatible with Bitcoin, Ethereum, Base, Solana, etc.</p>
  1263.  
  1264.  
  1265.  
  1266. <p>Once NEAR Protocol announced its decision to power the technology via X, it garnered wide attention on social media with <strong>more than 100,000 views</strong>. Also, the NEAR Protocol project is <strong>assessing other domains</strong> and is ready to hire AI engineers within 3-6 months.</p>
  1267.  
  1268.  
  1269.  
  1270. <h2 class="wp-block-heading">Jupiter Bounces Back: Sees Double-Digit Gains In a Week</h2>
  1271.  
  1272.  
  1273.  
  1274. <p>Jupiter only launched in February 2024, when JUP attained an <strong>ATH</strong> (all-time high) value of <strong>$2.04</strong>. However, JUP is currently <strong>47% down </strong>from its peak value, but recently, the token <strong>staged a comeback</strong>, seeing a <strong>17%</strong> rise over the past week.&nbsp;</p>
  1275.  
  1276.  
  1277.  
  1278. <p>This increase in JUP price can be partly attributed to Jupiter’s conclusion of the second launchpad (LFG) vote to identify the two projects – <strong>UpRock and Sanctum</strong> that will debut on its platform.&nbsp;</p>
  1279.  
  1280.  
  1281.  
  1282. <p>Moreover, reports revealed a record turnout of voters. Meanwhile, Sanctum accounted for <strong>64%</strong> of the votes, while Sanctum claimed <strong>20%</strong> of the votes. With both projects launching on Jupiter, the LFG program has a bright future, which explains the recent<strong> </strong>surge in JUP price.</p>
  1283.  
  1284.  
  1285.  
  1286. <h2 class="wp-block-heading">Milei Moneda is the Lifeline Investors Need for Huge Returns</h2>
  1287.  
  1288.  
  1289.  
  1290. <p><strong>Milei Moneda</strong> is a new meme coin project making waves in the crypto world. Despite the current price fluctuation in the crypto market, <a href="https://mileimoneda.io?&amp;utm_source=marketing&amp;utm_campaign=tbcr&amp;utm_id=995" target="_blank" rel="noopener"><strong>Milei Moneda</strong></a><strong> </strong>has made a good stand, offering investors a lucrative investment opportunity.&nbsp;</p>
  1291.  
  1292.  
  1293.  
  1294. <p><strong>Milei Moneda </strong>has the potential to generate high returns for investors, especially those who participated in Stage 1 of its ongoing presale. In addition to the financial gains investors tend to enjoy,<strong> $MEDA</strong> grants holders membership and other privileges like <strong>monthly giveaways</strong>, voting rights, and exclusive NFTs.&nbsp;</p>
  1295.  
  1296.  
  1297.  
  1298. <p>With much emphasis on creating a scarcity of its token, <strong>Milei Moneda</strong> allocates 5% of its entire supply to burns and 15% to <strong>liquidity</strong>. The meme coin, which operates based on 0% taxes, offers minimal trading costs, making it the <strong>best crypto for beginners</strong>.</p>
  1299.  
  1300.  
  1301.  
  1302. <p>More than 65 million <strong>$MEDA</strong> tokens have been sold during its presale, which is currently in Stage 2. At this point, <strong>$MEDA </strong>is valued at $0.0125. However, this value will increase to $0.015 when it proceeds to Stage 3. Finally, <strong>$MEDA</strong> will officially launch on Uniswap on May 21, 2024, at an enticing price of $0.020.</p>
  1303.  
  1304.  
  1305.  
  1306. <p>Therefore,<strong> Milei Moneda</strong> guarantees a whopping <strong>60% ROI</strong> for new investors and is undoubtedly the <strong>best crypto to invest in</strong> 2024.</p>
  1307.  
  1308.  
  1309.  
  1310. <p><strong>Got $MEDA curiosity?</strong><a href="https://mileimoneda.io?&amp;utm_source=marketing&amp;utm_campaign=tbcr&amp;utm_id=995" target="_blank" rel="noopener"><strong> Visit us</strong></a><strong> or chat on</strong><a href="https://t.me/mileimoneda" target="_blank"><strong> Telegram</strong></a><strong> for the inside scoop. Fast, fun, and informative!</strong></p>
  1311. ]]></content:encoded>
  1315. </item>
  1316. <item>
  1317. <title>Bitcoin Miners Struggle for Profit: Is the End of Profitable Mining Near?</title>
  1318. <link>https://blockchainreporter.net/bitcoin-miners-struggle-for-profit-is-the-end-of-profitable-mining-near/</link>
  1320. <dc:creator><![CDATA[Samuel Edyme]]></dc:creator>
  1321. <pubDate>Tue, 30 Apr 2024 06:20:00 +0000</pubDate>
  1322. <category><![CDATA[bitcoin news]]></category>
  1323. <category><![CDATA[BTC]]></category>
  1324. <guid isPermaLink="false">https://blockchainreporter.net/?p=77109</guid>
  1325.  
  1326. <description><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin-mining-lightning" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />Bitcoin miners play a crucial role in maintaining the network's security and functionality by verifying transactions and adding them to the blockchain.]]></description>
  1327. <content:encoded><![CDATA[<img width="150" height="150" src="https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-150x150.webp" class="webfeedsFeaturedVisual wp-post-image" alt="bitcoin-mining-lightning" style="float: right; margin-left: 5px;" link_thumbnail="" decoding="async" srcset="https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-150x150.webp 150w, https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-96x96.webp 96w, https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-75x75.webp 75w, https://blockchainreporter.net/wp-content/uploads/2024/03/bitcoin-mining-lightning-350x350.webp 350w" sizes="(max-width: 150px) 100vw, 150px" />
  1328. <p>Bitcoin miners play a crucial role in maintaining the network&#8217;s security and functionality by verifying transactions and adding them to the blockchain. However, recent data suggests that these critical contributors are facing significant financial challenges.&nbsp;</p>
  1329.  
  1330.  
  1331.  
  1332. <p>Julio Moreno, Head of Research at <a href="https://cryptoquant.com/" target="_blank" rel="noopener">CryptoQuant</a>, has highlighted a concerning trend: Bitcoin miners&#8217; daily revenues have dropped to their lowest levels since November 2022, marking a troubling period for those dependent on mining rewards.</p>
  1333.  
  1334.  
  1335.  
  1336. <p>According to Moreno, the miner profit/loss sustainability index has hit its lowest point since June 2021. This index measures the balance between the block rewards received by miners and the increasing difficulty of mining operations.&nbsp;</p>
  1337.  
  1338.  
  1339.  
  1340. <p>As Bitcoin&#8217;s network grows and more miners join the fray, the difficulty of mining increases. However, if the price of Bitcoin does not rise proportionately to offset these growing challenges, miners&#8217; profitability can suffer dramatically.</p>
  1341.  
  1342.  
  1343.  
  1344. <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
  1345. <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> miners are extremely underpaid right now as daily revenues have plummeted to the lowest since Nov 2022. <br><br>The miner profit/loss sustainability reached the lowest since June 2021.<br>This metric tracks the growth of the block reward compared to the growth in mining… <a href="https://t.co/BfgOwMgyxu" target="_blank">pic.twitter.com/BfgOwMgyxu</a></p>&mdash; Julio Moreno (@jjcmoreno) <a href="https://twitter.com/jjcmoreno/status/1784966083184578632?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">April 29, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
  1346. </div></figure>
  1347.  
  1348.  
  1349.  
  1350. <h2 class="wp-block-heading">Analyzing the Economics of Mining</h2>
  1351.  
  1352.  
  1353.  
  1354. <p>The economics of Bitcoin mining are complex and influenced by various factors including the price of Bitcoin, the total network hash rate, and the electricity costs associated with mining. Moreno points out that the current daily miner revenue is alarmingly low when compared to the level of Bitcoin prices.&nbsp;</p>
  1355.  
  1356.  
  1357.  
  1358. <p>This discrepancy indicates that despite the value of <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoin</a>, the rewards for mining it are not aligning, which could lead to longer-term sustainability issues for miners. This situation is exacerbated by the Bitcoin network&#8217;s design, which adjusts the difficulty of mining approximately every two weeks to ensure that the time to mine a block remains around ten minutes. </p>
  1359.  
  1360.  
  1361.  
  1362. <p>As the difficulty increases, miners need more computing power to solve the cryptographic puzzles required to mine a block, thus increasing their operational costs. If the price of Bitcoin does not adequately compensate for these increased efforts, miners are put in a financially unviable position.</p>
  1363.  
  1364.  
  1365.  
  1366. <h2 class="wp-block-heading">The Ripple Effects</h2>
  1367.  
  1368.  
  1369.  
  1370. <p>The underpayment of Bitcoin miners has broader implications for the cryptocurrency market. Miners selling their Bitcoin holdings to fund operations can lead to increased supply on the market, potentially putting downward pressure on prices. Additionally, if mining becomes less profitable, the incentive to maintain operational integrity could decrease, potentially affecting the security of the network.</p>
  1371.  
  1372.  
  1373.  
  1374. <p>Furthermore, smaller mining operations may be forced out of business, leading to a concentration of mining power among a few large players. This centralization can pose a threat to the decentralized nature of the Bitcoin network, contradicting one of the fundamental principles of blockchain technology.</p>
  1375.  
  1376.  
  1377.  
  1378. <p>Despite the current challenges, there is a silver lining. The cryptocurrency community is known for its resilience and innovation. New technologies and improvements in mining hardware efficiency could help reduce costs and restore profitability. Moreover, as the global focus on renewable energy continues to grow, the potential for more sustainable and cost-effective mining operations becomes more plausible.</p>
  1379. ]]></content:encoded>
  1383. </item>
  1384. </channel>
  1385. </rss>
  1386.  

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