Solana, DeeStream make gains as new streaming presale attracts Ethereum whales
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Solana, DeeStream make gains as new streaming presale attracts Ethereum whales
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Solana surpasses Binance Coin, Ethereum eyes $3,000, and DeeStream draws ETH and SOL holders to its presale.
While Solana (SOL) and DeeStream (DST) are gaining traction, Ethereum (ETH) whales are keeping a watch on a fresh streaming presale.
At a target price of $140, Solana surpasses Binance Coin (BNB) in market capitalization, marking a noteworthy milestone. With unstoppable momentum and a major resistance level at $3,000, Ethereum soars above $2,700.
Concurrently, DeeStream is a streaming game-changer, drawing holders of Ethereum and Solana to its $0.035 presale. The changing crypto scene portends innovation and expansion in many areas.
Solana surges: comprehensive analysis
Solana has reached a significant achievement by surpassing Binance Coin in market cap value. This indicates increasing confidence in the Solana ecosystem. The recent surge is notable, with open interest experiencing a substantial 108% increase, reaching a new record of $1.75 billion. This heightened investor activity and positive sentiment contribute to a bullish outlook for SOL, with analysts predicting a potential $140 target, indicating a 25% growth from the current price.
Key metrics, including on-chain data and fees, highlight a positive sentiment around Solana. On-chain metrics reveal a significant increase in Solana’s value on-chain, reaching $37 trillion, the highest in the last 12 months. Fees, reaching an all-time high of $1.2 million on Jan. 31, further demonstrate strong network activity. The price analysis suggests a continuation of the current uptrend, potentially reaching a higher high above $125, with a significant resistance zone at $167 as the next target.
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Solana hits records for monthly new and active addresses
Ethereum soars: unstoppable momentum
Ethereum experiences a soaring price, breaking above the crucial $2,700 level. Several technical indicators point to the bullish momentum, including strong buyer control, the absence of sellers, and Ethereum’s alignment with Bitcoin’s remarkable performance.
The rally, initiated with the breakout at $2,500, showcases double-digit gains and positions Ethereum with a key resistance level at $3,000. The recent bullish cross on the 3-day MACD further suggests the potential for continued strength in ETH buyers.
DeeStream: the next big thing in streaming
DeeStream (DST) is rising as a potential game-changer in the streaming industry, capturing the attention of crypto experts. Positioned as an ecosystem for content creators and consumers, DeeStream (DST) addresses common challenges on other platforms. The platform’s user-friendly approach and commitment to eliminating hurdles position it as a significant player in the evolving streaming landscape.
DeeStream’s presale is gaining traction as crypto experts and investors, including Ethereum and Solana holders, participate in anticipation of the platform’s potential success. Priced at an attractive $0.035, the presale offers investors fee distribution, commission-free swap services, and active governance participation. With the global streaming market predicted to exceed $247 billion, DeeStream strategically aligns itself for growth, potentially outpacing established cryptocurrencies.
To sum up, Solana’s rise, Ethereum’s strong progress, and DeeStream’s promising entry into the streaming scene highlight how the cryptocurrency market is always changing. People who invest and are interested are closely monitoring these changes, understanding the possibility of notable growth and innovation in different parts of the crypto space.
Find out more about the DeeStream (DST) presale by visiting the website here.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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Solana sells over 100k new phones as $GFOX eyes $5m mark
February 16, 2024 at 1:00 pm
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Solana sells over 100k new phones as $GFOX eyes $5m mark
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Solana’s new phone hits 100k sales, while $GFOX ICO eyes $5m. Dive into Solana’s success and $GFOX’s potential in crypto gaming.
Solana’s latest smartphone release has taken the market by storm, with over 100,000 units sold in record time. As Solana (SOL) celebrates this milestone, one of the best upcoming ICO projects for many – $GFOX – is setting its sights on reaching the $5 million mark in funding.
Let’s delve into the success story of Solana’s new phone and explore the potential of $GFOX in the crypto landscape.
Solana’s new phone sells over 100k units
Solana, famous for its blockchain tech, recently shook up the smartphone scene with its latest entry. The second crypto-ready phone from Solana racked up a whopping 100,000 pre-orders just a month after its announcement. This big win cements Solana Mobile as a leader in the crypto phone game.
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Before, Solana had some hiccups selling its first batch of phones. It took them nearly a year to sell just 20,000 units. But the hype around their latest model, Chapter 2, signals a major shift in what folks are after. Solana Labs’ Creative Head Ross Cohen seems excited about surpassing the 100,000 pre-order milestone.
With a hefty $45 million in the bank, Solana is set to deliver these pre-ordered devices to customers by early 2025. Co-founder Anatoly Yakovenko stressed how crucial it is to hit this user milestone. It will draw in developers and help Solana’s ecosystem grow. The new phone is all about seamlessly blending crypto features into its core functions, setting it apart from the rest.
$GFOX eyes $5m mark
As Solana celebrates its smartphone market achievements, a new crypto player is gaining recognition as the best upcoming ICO – Galaxy Fox. While Solana works in the tech industry, Galaxy Fox introduces a new approach to combining meme culture with play-to-earn (P2E) mechanics, promising an exhilarating journey for investors and gamers alike.
Galaxy Fox merges the playful essence of meme culture with the lucrative potential of P2E gaming. This hybrid functionality allows participants to earn rewards by engaging in the Galaxy Fox game while benefiting from passive income through token staking. Moreover, the burning feature of $GFOX tokens contributes to their value appreciation over time, offering investors an enticing opportunity for growth.
Galaxy Fox’s heart lies in a captivating web3 endless runner game, offering players the chance to battle other players and complete quests to win rewards, including in-game currency that can be exchanged for $GFOX tokens. They can also collect and use the coolest NFT assets to boost their character’s attributes, such as strength, speed, and agility. Additionally, a digital marketplace facilitates the trading of these NFTs, further enhancing the ecosystem’s gaming experience and financial opportunities.
Despite the challenges the cryptocurrency and gaming sectors have faced recently, $GFOX stands poised for success in 2024 and beyond. The token’s presale has already garnered significant attention, raising over $3.3 million and attracting a growing base of investors. With each presale stage witnessing increased demand, $GFOX is on track to surpass the $5 million mark it’s eyeing.
The presale is now in Stage 8, offering $GFOX at a discounted rate of $0.002178. With over 90% of the tokens allotted for this stage already sold out, things are heating up. The next stage is looming, promising a higher token price of $0.002376.
Investors and enthusiasts are drawn to $GFOX’s innovative approach, entertainment, and financial rewards. As the cryptocurrency landscape continues to evolve, Galaxy Fox emerges as a frontrunner, offering a glimpse into the future of decentralized gaming and tokenomics.
Join the Galaxy Fox сommunity
Galaxy Fox is a new cryptocurrency gaming force as Solana’s new phone paves the way for blockchain integration in consumer electronics. With its technical features and growth trajectory, $GFOX might deliver impressive returns to investors looking for the best upcoming ICO.
Don’t miss out on this opportunity to be part of the Galaxy Fox community. Visit their website today or join their Telegram community to learn more and embark on a journey into decentralized gaming and finance.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
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MicroStrategy’s bitcoin success sparks speculation on potential S&P 500 entry
By Rony Roy
February 16, 2024 at 12:02 pm
Edited by Dorian Batycka
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MicroStrategy’s bitcoin success sparks speculation on potential S&P 500 entry
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MicroStrategy, the leading corporate holder of Bitcoin, has seen its investment in the cryptocurrency exceed $10 billion, with profits soaring above $4 billion as Bitcoin’s price approached $53,000.
Since commencing its Bitcoin acquisition in 2020, MicroStrategy has accumulated 190,000 bitcoins at an average cost of $31,224 per coin, totaling $5.93 billion. This bold move has not only resulted in substantial profits but also positioned the company as a significant influencer in the cryptocurrency domain. The recent surge in Bitcoin’s price, exceeding 20% since the start of 2024, has doubled MicroStrategy’s profits from nearly $2 billion in December of the previous year to over $4 billion, according to a recent investor presentation.
The company’s pivot and the ensuing financial success have sparked discussions regarding its potential inclusion in the S&P 500 index. Following a remarkable 46% rally in its stock price within an eight-day period up to Feb. 15, MicroStrategy ranked as the 535th largest publicly listed company in the United States.
To be considered for the S&P 500, MicroStrategy needs to meet several criteria, including a boost in market capitalization. Currently valued at $12.1 billion, the company’s stock price would need to ascend from $718 to $937 to reach the $15.8 billion threshold for index eligibility.
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Beyond market cap, inclusion in the S&P 500 requires satisfying a spectrum of conditions, such as profitability metrics, trading volume, and public shareholding requirements. MicroStrategy has reported a positive sum of profits over its last four quarters, aligning it closer to these rigorous standards. However, the ultimate decision for inclusion rests with the S&P’s executive committee, which assesses companies against a comprehensive suite of benchmarks.
Further emphasizing MicroStrategy’s commitment to the cryptocurrency sector, CEO Michael Saylor has spearheaded the company’s transition toward becoming a Bitcoin development entity. This strategic evolution marks a profound shift in operational focus, aiming to not only enhance the Bitcoin network but also to maximize the value of its substantial Bitcoin holdings.
Saylor, in recent discussions, pointed to the launch of spot Bitcoin ETFs as a pivotal factor influencing market dynamics, creating a pronounced imbalance between supply and demand. This scenario, he notes, stems from a decade of growing interest in Bitcoin as a viable retail investment option, illustrating MicroStrategy’s intent to lead in the development space within the Bitcoin ecosystem.
Moreover, the company is navigating the potential for further profits with the anticipated accounting change in 2025, which could value Bitcoin at market prices, potentially adding to MicroStrategy’s profits.
Read more: Expert calls MicroStrategy shares overvalued, predicts price correction
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Analyst predicts $18 target for XRP as Rebel Satoshi is set to grow after final presale round
February 16, 2024 at 12:00 pm
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Analyst predicts $18 target for XRP as Rebel Satoshi is set to grow after final presale round
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Analysts predict XRP could hit $18 as Rebel Satoshi wraps up its final presale round, signaling strong growth potential for both.
A crypto analyst has expressed optimism for the future trajectory of XRP, predicting an $18 price for the coin. On the other hand, Rebel Satoshi (RBLZ) has entered the last stage of its presale, attracting investors with impressive price predictions.
Read on as we discover the latest about XRP and $RBLZ to discover the best crypto to invest in.
XRP could cross $18 mark, says renowned crypto analyst
On Feb. 8, Dark Defender, a renowned crypto analyst, shared an optimistic forecast regarding the price of XRP. Through his platform, X, Dark Defender presented a compelling analysis projecting a substantial surge in XRP’s value, potentially reaching $18.
Hi all. We recently checked the #XRP daily frame & discussed the 5 Wave correction in the daily frame has ended.
The weekly time frame & #RSI are slightly underperforming compared to daily and have a Weekly Resistance to break.
The regular ABC corrective wave has also been… pic.twitter.com/IOUwTgiQrF
— Dark Defender (@DefendDark) February 8, 2024
Highlighting the significance of the $0.5886 price level, the analyst emphasized its pivotal role in indicating an upward trend for XRP. The analysis also noted that the weekly timeframe and RSI indicators show promising signs, with a weekly resistance to overcome.
In the past week, XRP has demonstrated a significant price performance, experiencing a surge of 8.2%. The XRP price increased from $0.5319 to $0.5631. So, is XRP the best crypto to buy now?
Looking ahead to the remainder of 2024, experts predict further growth for XRP, with a projected price crossing the $0.8 mark to reach $0.8719, fueled by anticipation of an upcoming bull run and expert analysis.
However, cautious forecasts suggest that XRP may remain below $0.7515 if bearish sentiments dominate the market.
Experts believe $RBLZ is poised for growth post-launch
While analysts set ambitious price targets for top altcoins like XRP, the crypto community is equally abuzz with the prospective growth trajectory of Rebel Satoshi. This emerging meme coin, Rebel Satoshi, has not only captured the market’s imagination but is also positioned for substantial growth following the conclusion of its highly successful presale rounds.
Rebel Satoshi is more than another entrant in the crowded meme coin space. It embodies a transformative approach to blending the viral appeal of meme-based digital assets with real utility and community-driven initiatives.
Rebel Satoshi’s journey through the presale stages has been marked by a significant price appreciation, showcasing a 140% increase. Starting at a modest $0.01 per $RBLZ in the early bird round, the price soared to $0.024 per $RBLZ by the time Recusants Round 5 rolled around, amassing close to $1.8 million in funding from enthusiastic investors.
Rebel Satoshi is now gearing up for its next major milestone: its launch on decentralized exchanges (DEXs) in early March at $0.025 per $RBLZ, immediately following the closure of Recusants Round 5 on Feb. 29. This move is anticipated to unlock a 150% profit opportunity for early investors.
Moreover, with $RBLZ purchasable using 50 top crypto coins, including Bitcoin, Rebel Satoshi is making itself accessible to a broad investor base.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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Zenit World announces mobile app and launchpad for ventures
February 16, 2024 at 11:49 am
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Zenit World announces mobile app and launchpad for ventures
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Сrypto platform Zenit World enters 2024 with a slew of updates to their product, new features, and the announcement of a mobile application.
Among the latest updates is its Launchpad. This initiative is a launchpad for startups, scale-ups, and corporate ventures seeking to soar to new heights.
Zenit World’s Launchpad embodies the concept of an incubator that transcends boundaries. It’s designed to serve as a ground where entrepreneurial dreams take flight and are supported by various resources tailored to foster growth and success.
Spirit of collaboration
This initiative is driven by a commitment to collaboration, uniting a broad spectrum of participants, including venture studios, businesses, entrepreneurs, and academic institutions within Zenit World’s ecosystem.
This collaborative approach fosters an environment conducive to the development and growth of innovative ideas into significant ventures.
Fostering the entrepreneurs
The Launchpad is fundamentally committed to supporting the creation and growth of enterprises. Zenit World aims to support over 100 scale-ups, positioning each as a driver of economic growth and job creation. This initiative reflects a broader commitment to fostering an entrepreneurial culture and stimulating innovation in the blockchain and cryptocurrency sectors.
Nurturing environment
Zenit World’s Launchpad is dedicated to assisting emerging businesses, offering a supportive environment that encourages growth. Entrepreneurs beginning their ventures have access to a wide range of resources to aid them from the idea stage to market launch, guiding them through each phase of development.
More than just an incubator, the Launchpad represents Zenit World’s effort to effect real change, promoting economic growth by supporting the development of startups and scale-ups. This initiative aims to invigorate various industries and communities by fostering business growth.
Highlighting its commitment to inclusivity, the Launchpad breaks down geographical barriers, inviting entrepreneurs from all over the world. It serves as a hub for diverse ideas, facilitating the creation of innovative solutions through the collaboration of varied perspectives.
Launchpad empowers individuals
The Launchpad initiative is focused on equipping individuals with the necessary tools, knowledge, and connections to bring innovative ideas to life. Zenit World supports entrepreneurs in realizing their goals through mentorship, funding opportunities, and a network of support.
This initiative serves as a catalyst for change, emphasizing the importance of collaboration, innovation, and commitment. By spotlighting startups and scale-ups, the Launchpad contributes to a future marked by innovation, economic growth, and the realization of entrepreneurial dreams.
Learn more about Zenit World and get access to exclusive content, including its latest White Paper.
Follow Zenit World on social media to stay up-to-date on the latest news and trends in the industry.
Twitter — Facebook — LinkedIn — Youtube — Blog — Telegram — Reddit — Linktree
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