China News by Thebittimes.Com

A cryptocurrency analyst has identified a Golden Cross pattern on the chart for the total market cap of altcoins, indicating the potential onset of a long-anticipated altcoin season. This pattern forms when the “9” Simple Moving Average (SMA) crosses above the “20” SMA, a signal often associated with strong seasonal growth for altcoins. During a recent episode of the Altcoin Buzz podcast, the analyst discussed the implications of this Golden Cross for the altcoin market. He also pointed to additional fundamental factors that appear to support the likelihood of a robust altcoin season. In light of this positive outlook, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar Solaxy ($SOLX), recognized as the first Layer-2 solution on Solana, has successfully raised $6 million during its presale, marking a significant milestone for the project. Meanwhile, St...

The Starknet Foundation has unveiled a new initiative designed to support community members who helped the network’s growth. The Starknet Foundation, a non-profit organization focused on the Starknet ecosystem, is set to distribute 50 million STRK tokens to those who supported the project in its early days. In a forum post on Oct. 30, the foundation announced the Early Community Member Program (ECMP), an initiative to support Starknet early contributors. “We are aware that we are bound to miss some pivotal individuals at this process, and will save some of the program tokens for people that would appeal around their exclusion.” The Starknet Foundation Although the STRK token is yet to be listed on crypto exchanges, the foundation has allocated 50 million STRK tokens to incentivize developers and early adopters . You might also like: Starknet unveils major performance enhancement goals for 2023 Those interested in participation should submit their a...