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Best Wallet ($BEST) has soared past $10 million in presale, further cementing its status as the top Web3 wallet in the crypto space. In less than a year, Best Wallet has gained over half a million users, with app installations growing 96.3% per month and 50% of users actively engaged.  Now, it has captured a solid amount of investor capital at an impressive pace, with a funding run rate of over $100,000 since the presale commenced just over three months ago. Yet, there are no signs of momentum slowing down, especially as Best Wallet expands its ecosystem with the addition of a debit card service, Best Card, alongside its wallet app and DEX. Best Wallet’s massive capital funding and surge in user growth are driven by its unique Features , which set it apart from competitors like MetaMask, Trust Wallet, and Exodus. These include superior transaction pricing and execution, along with a highly accurate project screener that helps investors spot ea...

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...

A decentralized social media altcoin is nosediving just days after gaining support from the top US crypto exchange platform. New data reveals that social media token DEGEN went from a weekly high of $0.011 to $0.008 since being adopted by Coinbase on October 15th, a 27% drop. According to DEGEN’s website, the digital asset is a reward token for active participants of the decentralized social media platform Farcaster. Furthermore, it powers the Degen Chain, which is billed as a layer-3 built over Base, the blockchain of Coinbase. “DEGEN is a reward token for Farcaster users, born from meme culture. It uses a unique tipping system that empowers the community to reward quality content creators. It also powers the Degen chain, one of the pioneering layer-3s launched on Base, offering a platform for building and using Degen apps, often referred to as the ‘Las Vegas of blockchains.'” DEGEN, which launched earlier this year in January, has a su...

Astar Network (ASTR) price jumped nearly 5% after the Astar Foundation published a proposal to burn 350 million ASTR tokens. ASTR price reached higs of $0.09. Astar Network (ASTR) price flipped positive and surged nearly 5% on Tuesday following a new proposal seeking to burn millions of the tokens. While ASTR continues to struggle with the bearish pressure seen since price hit highs near $0.17 in March, its gains over the last 24 hours have pushed it above $0.09 and could open up a bullish run to $0.1. Astar Foundation proposes 350 million ASTR token burn ASTR’s sudden price surge followed a new announcement from the Astar Foundation. On Tuesday, the Astar Network team outlined a proposal that seeks to burn 350 million ASTR token s. As often happens across the market, prices reacted higher amid reaction to the proposal . If adopted in coming weeks, the proposal will see Astar remove token s worth $31 million from circulation. The burn would accou...

The Cardano (ADA) ecosystem has shown multiple growth signals in the past few years. Investors now look for promising tokens being built on Cardano to invest in 2024, to capitalize on this growth. Notably, decentralized finance (DeFi) data from DefiLlama evidence how the Cardano ecosystem has improved lately. The total value locked (TVL) in Cardano tokens reached $422.63 million, a nearly 10 times increase from the $50 million on January 1, 2023. Together, the daily volume registered by decentralized exchanges grew from $854,240 to $5.69 million in the same period. This is a direct result of increased crypto trading and investing activity among the best Cardano ecosystem coins and protocols. Picks for you Opportunity? Bitcoin's next 'immediate target' is a fresh all-time high 2 hours ago Bitcoin Cash’s Easter comeback amid impressive price surge 3 hours ago Here’s why you should watch this 3 crypto this week 4 hours ago Andrew Tate reveals ...

Avalanche (AVAX) has seen nearly $1 billion worth of value vanishing from its market cap on February 21. This happened in anticipation of Avalanche’s awaited token unlock and sell-offs, as reported by Finbold on February 17. In particular, Avalanche currently has a $13.52 million market cap against the $14,42 billion capitalization 24 hours ago. Meanwhile, the token trades at $36.77, with a 367.716 million AVAX circulating supply. In a few hours from the time of writing, vesting contracts will increase this supply by 9.54 million AVAX. Therefore, this creates massive selling pressure worth over $365 million. Picked for you XRP price forecast as mysterious whale bags $20 million XRP in minutes 1 hour ago This AI token in presale threatens to overthrow Chainlink’s dominance 2 hours ago Bitcoin price forecast: Brace for sub-$50k crash, $140 billion at Risk 3 hours ago Tron (TRX) price prediction amid USDC halting operations 4 hours ago Intere...

LayerZero has officially confirmed its native token launch in the first half of 2024. The announcement triggered a surge in metrics for LayerZero ecosystem projects. The native tokens of Stargate and Radiant Capital have seen a rapid 10% increase in value. In a significant crypto development, blockchain interoperability protocol LayerZero has officially confirmed plans to launch its native token in the first half of 2024. The blockchain interoperability protocol, known for its groundbreaking technology, is set to reward users through an airdrop, sparking renewed interest in its ecosystem projects. LayerZero has always been built with the ability to have a native token within the protocol, as can be seen in the immutable code launched on day 1. We’ve heard the community discussion over the last few months and the lack of clear communication around this. We’ll state now in… — LayerZero Labs (@LayerZero_Labs) December 7, 2023 Followi...

On Monday, November 20, the Philippines is set to make history by introducing its inaugural sale of tokenized treasury bonds , a significant move aimed at advancing the development of its domestic debt market. The Bureau of the Treasury has disclosed plans to present a minimum of 10 billion pesos ($179 million) worth of one-year tokenized bonds, leading to the cancellation of the initially scheduled regular bills auction on the same day, as reported by Bloomberg on November 16. The adoption of blockchain and tokenized securities for fundraising has gained traction in Asia, with Hong Kong successfully issuing HK$800 million in tokenized green bonds in February. These securities leverage distributed ledger technology (DLT), holding the promise of enhancing liquidity and transparency within debt markets. Additionally, HSBC Holdings announced earlier this month that it has successfully conducted test token deposits in intra-group treasury transactions using blockchain technology. ...

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...

Ben Armstrong (aka BitBoy’s) token $BEN has seen its price drop precipitously since drama around the creator resulted in his social media accounts and YouTube channel being taken over by Hit Network last week. Unfortunately for Armstrong, things have shown no sign of improving and the token is still 93% off its all-time high and 55% from its launch price. The self-proclaimed millionaire issued an embarrassing apology on September 1 through the BitBoy _ Crypto YouTube channel. In the video, a teary BitBoy , joined by his wife, apologized for letting down his family and the ‘BitSquad,’ and claims he’s at rock-bottom. His wife, for her part, chips in with the odd comment on her belief in redemption and hope. Read more: BitBoy and another less famous Ben are giving Crypto a bad name Nonsensical apology “We’re gonna work through this,” says Armstrong about his affair and steroid and diet pill abuse, “it’s gonna be really hard.” Unfortunately, any sympathy he m...

Kokomo Finance's social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes. Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from the platform via a smart contract loophole. Blockchain Security firm CertiK alerted its followers to the “exit scam” in a March 26 Twitter post, noting that the Kokomo Finance (KOKO) token has plummeted 95% in value in a matter of minutes. CertiK also noted that Kokomo Finance removed all social media accounts immediately following the alleged rug pull too. Kokomo Finance has either deactivated or deleted its Twitter account. Source: Twitter CertiK said the deployer of KOKO attacked the smart contract code of a wrapped Bitcoin token, cBTC, by resetting the reward speed and pausing the borrow function. After that, an address beginning with “0x5a2d..” approved the new cBTC smart contract to spend over 700...

Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily active users as of Jan. 17, 2023 — a 30% increase in activity since October 2022.  Moreover, the Polygon ecosystem recently announced the launch of its beta version Zero-Knowledge Ethereum Virtual Machine. As a result, Polygon’s native token, Polygon (MATIC), maintains a bullish narrative. While notable, some believe layer-2 networks offering token incentive models may soon become obsolete. For instance, Jesse Pollak — head of protocols and Base core contributor at American crypto exchange Coinbase — told Cointelegraph at ETHDenver 2023 that there are currently no plans to associate a token with Base, the Ethereum layer-2 network recently la...

A slew of technical, fundamental, and on-chain indicators hint at more pain for BNB price in February. On Feb. 13, Binance's native token , BNB, recorded its worst daily performance since November 2022, falling 8.5% to below $285. BNB price has since recovered to over $298, but its possibility of facing another selloff remains high. Let's take a look at a few reasons why.  BNB price rising wedge breakdown The ongoing decline in BNB's price came as a part of a broader rising wedge breakdown. Notably, on Feb. 9, BNB broke out of its rising wedge pattern, a bearish reversal setup that forms as the price trends upward inside a range defined by two ascending, converging trendlines. BNB/USD daily price chart featuring rising wedge breakdown setup. Source: TradingView As a rule of technical analysts, a rising wedge's profit target is measured after subtracting the maximum distance between the pattern's upper and lower trendline from the breakdown point. Therefore, BNB...

Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20. Cryptocurrencies tied to national soccer teams have failed to keep the attention of 2022 FIFA World Cup fans, with many soccer-linked fan token prices plummeting since the tournament began. Between Portugal, Spain, Brazil and Argentina, the associated digital fan tokens have fallen between 60% to 88% percent in price since the start of the World Cup on Nov. 20, according to CoinGecko. This is despite Brazil, Argentina and Portugal reaching the quarter-finals, while Spain was a strong contender up until they were knocked out on Dec. 6.  The tokens do generally react to immediate results, with Spain's SNFT token down 39.1% over the past 24 hours following the team's loss against Morocco, however, Portugal's POR token is also down 6.1% over that same time frame, despite them beating Switzerland 6-1 on Dec.6. Such suggests that the tokens are becoming less reactiv...

Author: @0xMavWisdom The sports industry has long been a hot demand market, and the large base of native fans and huge development prospects have made the Crypto pay attention to and build the sports field. In reality, there are many incidents of crypto circles cooperating with other teams or stars, such as crypto.com's naming of Los Angeles Lakers' home arena, Binance's endorsement of soccer star Cristiano Ronaldo, and OKEX's cooperation with Argentina's national team. Against the background of the upcoming 2022 Qatar World Cup, fan token s of the World Cup concept have naturally received market attention. In this article, we look at the major fan token s to find out the commonalities and potential innovation directions. Commonality After a global epidemic that caused zero ticket revenue from empty games and greatly impacted club finances, clubs around the world are actively looking for another revenue stream beyond broadcast and ticket revenue, and fan token sal...