Bybit exchange to list Solana DEX Jupiter’s JUP token
Jupiter, which accountsimage for 65% of the volume on Solana’s decentralized exchanges, is known for its efficient execution and low slippage across various DEXs. The integration of JUP into Bybit is expected to garner attention from investors within the Solana sphere and those exploring varied cryptocurrency assets.
In preparation for the listing, Bybit conducted thorough due diligence on Jupiter. Ben Zhou, CEO of Bybit, commented on the decision, noting Jupiter’s significant role in handling Solana DEX volume. The company anticipates that JUP will offer new opportunities to its users within the decentralized finance (DeFi) sector.
Trading of JUP on Bybit is slated to begin at 3 PM UTC on Jan. 31, with withdrawals being enabled the following day at 10 AM UTC. Initially, JUP will be available on the spot market, with perpetual contracts to follow an hour later.
You might also like:
Jupiter tokens to drop in January 2024 for Solana defi users
Meanwhile, trading volumes on Jupiter’s decentralized exchange have recently surged, reaching $513 million in the past 24 hours. The increase is attributed to the excitement surrounding a new memecoin airdrop and a rise in stablecoin swaps on the platform.
Jupiter’s trading volume has even surpassed that of Ethereum-based Uniswap’s V2 and V3 protocols, as per recent data from CoinGecko.
A little over $50 million worth of Jupiter’s trading activity was driven by transactions involving “Wen,” a memecoin available to Solana users who had previously interacted with Jupiter and owners of the Solana Saga phone.
The memecoin, designed as a trial by Jupiter’s developers, precedes the much-anticipated airdrop of the exchange’s native token JUP, which is scheduled for release on Jan. 31.
However, the majority of Jupiter’s trading volume in the past day came from the conversion of Solana (SOL) to Circle’s USD Coin (USDC) and Tether (USDT), representing $191 million of the day’s total volume.
The pre-market trading value of JUP tokens is hovering around $0.65, based on data from Aevo, a decentralized exchange. With the upcoming airdrop of 1 billion JUP tokens, the total estimated value at current prices may exceed $600 million.
Read more:
Solana’s WEN memecoin nears $100m market cap following launch
Investors examining Pushd presale over Solana and Cardano
January 29, 2024 at 8:28 am
SPONSORED
Investors examining Pushd presale over Solana and Cardano
PARTNER CONTENT
Collect the article
share
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The Pushd (PUSHD) presale is ongoing and attracting investors. It aims to offer better security, transparency, scalability, and utility compared to other cryptocurrencies. Analysts are optimistic about its potential to address the persistent challenges cryptocurrency traders and investors face.
Some experts believe that Pushd has the potential to outperform established cryptocurrencies such as Solana (SOL) and Cardano (ADA).
Solana is volatile
Solana remains volatile, with occasional network reliability concerns in the past. These outages have raised concerns about the network’s stability.
You might also like: Solana signups surge to new record in January
Additionally, staking SOL can be expensive, which may discourage some investors.
For these reasons, some investors have been looking for alternatives.
Cardano concerns
Cardano and Solana have been volatile and dropping.
While Cardano is popular, it is not widely accepted as a form of payment, which is a setback for its growth.
You might also like: Cardano whales make surprise $120m move; is ADA price at risk?
On the other hand, despite being popular, Solana holds little space in investors’ hearts.
Pushd offers new propositions
Pushd is a new crypto aiming to attract investors through its features.
PUSHD presale participants and PUSHD holders have voting rights.
You might also like: Pushd supporters upbeat, may outrank Toncoin and Solana in 2024
Moreover, a key feature is that Pushd has a debit card, allowing users to fund and spend.
Moreover, the platform’s swap service enables users to exchange coins without commission charges.
Users can also participate in reward programs via staking and earn more revenue from fees generated by the platform.
Read more: Pushd presale soars to 22,000 sign-ups, draws Tron and Toncoin investors
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.
READ MORE ABOUT
sponsored
Solana signups surge to new record in January
By Anna Kharton
January 29, 2024 at 8:13 am
Edited by Dorian Batycka
NEWS
Solana signups surge to new record in January
Collect the article
share
In January, the Solana blockchain recorded its highest level of new addresses since May 2022.
According to Hellomoon, the number of new Solana addresses reached 10.13 million in January. This figure was a record since May 2022, when 11.72 million addresses appeared on the network. At the same time, in the entire history of the blockchain, January 2024 was in second place after May 2022 in terms of the number of new addresses.
Source: Hellomoon
The success of Solana-based meme coins has undoubtedly influenced the number of registrations. The latest popular meme token, WEN, is currently being distributed to over a million users, although almost half of them remain unclaimed at the time of publication.
The WEN airdrop also serves as a test for Jupiter, Solana’s largest decentralized exchange aggregator, ahead of this Wednesday’s planned airdrop of its native governance token, JUP. The first JUP airdrop is open to 955,000 eligible users who have met the $1,000 swap volume requirement by the time of the November 2023 snapshot.
You might also like: Solana flips Ethereum in 7-day stablecoin volume
Over the past year, SOL has increased in price by over 300%. However, as of this writing, it has a market capitalization of $41.9 billion and is trading at $96.92 per coin, down from the all-time high of -62.57% when the token traded at $260.06 on Nov. 7, 2021.
Source: CoinMarketCap
However, this does not prevent Solana from updating its record – last week its daily trading volume exceeded the $3 billion mark, according to Hellomoon. In December, SOL was among the tier-1 proof-of-stake chains that dominated the altcoin rally, posting good price gains.
You might also like: Solana (SOL) price loses $90 support amid altcoin market downturn, what next?
READ MORE ABOUT
blockchain records
meme coin
solana
Crypto karaoke platform hacked for over $11.5m
By Anna Kharton
January 29, 2024 at 8:10 am
Edited by Dorian Batycka
NEWS
Crypto karaoke platform hacked for over $11.5m
Collect the article
share
The South Korean karaoke blockchain platform Somesing lost access to 730 million SSX tokens worth $11.58 million due to a hack.
According to a blog post by Somesing, the hack occurred on Jan. 27. Among the stolen SSX tokens, 504 million were still unallocated tokens that were initially scheduled to go into circulation by the end of 2025, and 226 million SSX tokens were in the possession of the fund.
“As a result, 489 million SSX tokens have been over-circulated compared to the circulation volume under the original circulation supply plan as of the end of January 2024.”
Somesing team
The project team stressed that the hacking incident is not associated with any member of the Somesing squad and is believed to have been carried out by professional hacker(s) who specialize in hacking virtual assets.
The platform team involved the police to investigate the incident. The Klaytn Foundation (Somesing operates on the organization’s blockchain) and Interpol partner Uppsala Security are also helping the karaoke platform find the scammer. Major South Korean exchanges responded to the incident by stopping SSX deposits and withdrawals.
Last week, another project, GAMEE, became the victim of a hacker attack. On January 22, unknown persons gained access to contracts for tokens of the gaming platform (GMEE) and stole a total of $7 million. Amid the news, GMEE collapsed by almost 50%. The investigation showed that unknown persons hacked the GitLab service, which is used for storing and managing repositories. Thus, they managed to gain unauthorized access to contracts for GMEE tokens.
You might also like: North Korea set new record by number of crypto hacks in 2023, data shows
READ MORE ABOUT
crypto hack
cryptocurrency
south korea
Chainlink and Solana prices bullish, Meme Moguls expands in presale
January 29, 2024 at 8:03 am
SPONSORED
Chainlink and Solana prices bullish, Meme Moguls expands in presale
SPONSORED
Collect the article
share
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto investors are constantly looking for stable investments with growth potential. Recently, the focus has shifted towards resilient projects with higher growth potential due to the volatility experienced by cryptocurrencies like Chainlink (LINK) and Solana (SOL).
Meme Moguls (MGLS), a project on Ethereum, aims to offer stability and easy access to users. It focuses on GameFi and real-world rewards, an opportunity some crypto investors are considering.
Chainlink is struggling
Chainlink prices are volatile and continue to fluctuate, a possible indication of a subtle shift in market sentiment.
LINK is down 11.52% this week, but the uptrend is valid. This preview is especially considering the recent whale activity, which saw them buying $8.9 million worth of LINK at an average price of $14.81.
You might also like: Chainlink Announces the Launch of the Early Access Eligibility App for Chainlink Staking v0.1
Despite the volatility, LINK has a market cap of $8.2 billion. Prices will likely stabilize in the coming weeks.
Solana community hopeful
SOL is firm despite sharp price dumps in early January. It recently grew 6%, partly due to increased on-chain activity.
Solana offers a fast and cost-effective transfer system. It has gained popularity among developers and consumers for its efficiency and scalability.
However, market fluctuations have impacted SOL, forcing investors to consider other alternatives like Ethereum.
So far, Solana’s total value locked (TVL) among decentralized finance (defi) protocol stands at $1.4 billion, the highest since August 2022. The spike points to increased usage and growth–a net positive for prices.
Meme Moguls presale and prospects
Some investors have shown interest in Meme Moguls due to recent fluctuations in popular projects like Chainlink and Solana.
You might also like: Stacks and Chainlink bullish as Meme Moguls plans to take over tradfi
The platform offers a play-to-earn (P2E) game where users can play and earn rewards.
Meme Moguls has unique features, including a casino, fantasy trader, and metaverse.
For what it offers, some investors are bullish on its prospects in the days ahead.
MGLS is available for $0.0036 in the ongoing presale.
Read more: Arbitrum and Celestia recovering, Meme Moguls up 42% in presale
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.
READ MORE ABOUT
sponsored
Large Chinese fund files for spot Bitcoin ETF in Hong Kong
By Denis Omelchenko
January 29, 2024 at 7:41 am
Edited by Dorian Batycka
NEWS
Large Chinese fund files for spot Bitcoin ETF in Hong Kong
Collect the article
share
Harvest Fund Management’s Hong Kong branch has reportedly filed for a spot Bitcoin exchange-traded fund (ETF) with the Securities and Futures Commission.
According to a Tencent News report, Harvest Fund Hong Kong has filed for a spot Bitcoin ETF with the Hong Kong Securities Regulatory Commission (SFC), as the local authorities have signaled their willingness to greenlight spot crypto ETFs. As of press time, Harvest Fund made no public statements on the matter.
The report suggests that the SFC is leaning towards approving the ETF for listing on the Hong Kong Stock Exchange post the conclusion of the Chinese New Year, slated to end on Feb. 11. According to Tencent News, there is a possibility that the SFC might follow the U.S. in the way of approving applications from multiple companies simultaneously.
As of now, Harvest Fund stands as the exclusive institution to have formally submitted an application for a spot Bitcoin ETF, the report notes. Earlier, crypto.news reported that Venture Smart Financial Holdings Limited, a financial services firm based in Hong Kong, is also gearing up to introduce its spot Bitcoin ETF in the city in Q1.
You might also like: Nearly 10 hedge funds are set to launch spot crypto ETFs in Hong Kong, HashKey says
Beyond spot Bitcoin ETFs, Harvest Fund’s subsidiary, Harvest Global Investments Ltd., is also in discussions with the Hong Kong Monetary Authority about planned stablecoin trials known as regulatory sandboxes, Bloomberg has learned, citing people familiar with the matter. It is expected that Hong Kong will unveil its rules for stablecoins by the end of Q1.
Harvest Fund Management is one of the largest asset management firms in China, with over $210 billion in assets under management. The financial giant manages various types of funds, including mutual funds, pension funds, and other investment vehicles.
Read more: Asian asset managers agree on Hong Kong spot Bitcoin ETF
READ MORE ABOUT
bitcoin etf
china
hong kong
Charles Schwab makes strategic play for Bitcoin ETF, analysts say
By Julius Mutunkei
January 28, 2024 at 10:57 pm
Edited by Anthony Patrick
NEWS
Charles Schwab makes strategic play for Bitcoin ETF, analysts say
Collect the article
share
Industry analysts expect Charles Schwab may venture into offering a proprietary spot Bitcoin exchange-traded fund (ETF).
According to RIABiz and other media outlets, analysts speculate that the firm — which offers investment products and services, including brokerage and retirement accounts and manages $8.5 trillion in client assets — may launch a spot Bitcoin ETF.
With a reputation for conservative and thoughtful product development, Schwab may well be waiting to unveil an ETF that not only undercuts the competition with lower fees but also stands the test of time in a tumultuous market—a counter to the more aggressive forays by competitors like Fidelity Investments.
Indeed, while Fidelity has rapidly gained ground in the ETF space and BlackRock is making its presence felt, Schwab has maintained a balanced stance by making all 11 existing ETFs available on its platforms, sidestepping the need to promote a proprietary product and dodging any conflicts of interest. However, this could be part of a calculated strategy.
Insiders suggest that Schwab’s deliberate pace might translate to reduced fees due to the ‘second-mover advantage,’ possibly underpricing the competition in this fee-sensitive market.
You might also like: BlackRock and Fidelity lead billion-dollar spot Bitcoin ETF race
Even amidst the restructuring and layoffs, Schwab’s online messaging has maintained a cautious stance, encouraging investors to weigh the risks carefully.
This conservative approach could well be setting Schwab up not just to enter the fray but to redefine it entirely, offering investors a potent mix of financial savvy and cost-effectiveness that could, as Eric Balchunas, a senior ETF analyst at Bloomberg, hinted, “shock the world.”
In a recent post on X, crypto expert Nate Geraci expressed his belief that a forthcoming offering from Schwab is imminent. He confidently stated, “It’s a foregone conclusion,” indicating strong certainty about the timeline.
Moreover, Schwab’s non-committal response to inquiries about their plans may indicate a shrewd and disruptive strategy.
The financial giant has historically taken a cautious approach to new products, often forging a path distinct from contemporaries with ultra-competitive pricing as a critical differentiator.
As the Bitcoin market fluctuates, Schwab seemed content observing from the sidelines. But as Balchunas suggests, it may be a matter of time before the firm makes a potentially industry-altering move.
Read more: Google to tweak crypto ad policy, amplify Bitcoin ETF visibility
READ MORE ABOUT
bitcoin
charles schwab
spot bitcoin etf
Regulators seek public input on AI scams, market influence
By Julius Mutunkei
January 28, 2024 at 8:04 pm
Edited by Anthony Patrick
NEWS
Regulators seek public input on AI scams, market influence
Collect the article
share
Regulators are shedding light on scammers leveraging the allure of artificial intelligence (AI) to promote crypto trading systems with faulty claims of high or guaranteed returns.
With the trend of using automated software for trading increasing, the Commodity Futures Trading Commission (CFTC) issued a customer advisory stressing that these AI systems cannot foresee market movements definitively.
See below.
The customer advisory titled “AI Won’t Turn Trading Bots into Money Machines” exposes the fraudulent tactics used to attract investors, recounting tales like that of Cornelius Johannes Steynberg, who swindled over $1.7 billion in Bitcoin (BTC) from unsuspecting victims.
The CFTC has subsequently advised traders to avoid seductive assurances of high gains from AI-assisted tools, warning that such exaggerated claims often fail to deliver.
Melanie Devoe of the CFTC’s Office of Customer Education and Outreach division asserts that traders should approach these AI promises with skepticism, recognizing the potential for exploitation by unscrupulous individuals to entice the unwary.
Despite these concerns, some major exchange platforms, like Bitget, continue to innovate with AI bots. Last July, Bitget CEO Gracy Chen shared that their AI systems operate by processing historical strategy data for continuous improvement.
You might also like: CFTC files ‘romance scam’ charges on crypto exchange Debiex
Simultaneously, CFTC’s divisions and the Office of Technology Innovation launched a Request for Comment (RFC) to understand better AI’s current and potential uses—and its perils—in derivatives markets.
By casting a broad net for feedback, the CFTC is keen to unearth insights into AI’s role across various facets of both traditional and crypto trading—from transaction risk management to enhanced methods of market surveillance, as well as the implications within cybersecurity, analytics, and customer service spheres.
CFTC Chair Rostin Behnam emphasized the importance of aligning supervisory oversight with technological advancement, ensuring that customer protection remains paramount as markets evolve.
Behnam positioned the RFC as pivotal to the Commission’s strategic focus on fostering a data-informed approach to its regulatory interventions and oversight.
The agency also underscored the potential benefits of AI within regulatory compliance, especially for market surveillance, anti-money laundering (AML) strategies, and reporting duties.
Investors and market participants are encouraged to provide their insights by April 24, 2024, as the CFTC contemplates new regulations or guidance that may shape the future of AI in mainstream and crypto trading.
Read more: CFTC to focus on DeFi market to address potential risks
READ MORE ABOUT
ai
cftc
regulatory crackdown
As crypto whales buy more Ethereum and Shiba Inu, interest in Pullix surges
January 28, 2024 at 8:00 pm
SPONSORED
As crypto whales buy more Ethereum and Shiba Inu, interest in Pullix surges
PARTNER CONTENT
Collect the article
share
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The crypto market fell following the approval of spot Bitcoin ETFs. However, many investors took advantage of the dip to buy more Ethereum (ETH) and Shiba Inu (SHIB). Pullix (PLX) is also drawing investor interest, raising over $4.6 million in ongoing presale.
Whales double down on Ethereum
Ethereum recently fell. While some investors sold their ETH, whales took advantage of the low prices to buy more.
According to Spot On Chain, a single whale bought over $46 million worth of ETH before staking on Lido, a staking liquidity platform.
Another whale spent $7.3 million to purchase ETH.
The increased whale activity suggests that market participants are bullish on ETH.
You might also like: Coinbase to address Ethereum client diversity woes
This optimism is amid the ongoing debate on whether the U.S. SEC will approve a spot Ethereum ETF.
Pullix presale draws attention
Pullix combines the features of centralized and decentralized exchanges.
It offers a variety of earning opportunities, including passive interest in liquidity provision and staking.
You might also like: Aave and VeChain trailing Pullix, PLX’s potential draws investors
Pullix also provides investors with liquidity and slippage-based trades for fast and efficient trading.
In the ongoing presale, PLX is changing hands for $0.10. Analysts expect more growth once it launches later in Q1 2024.
Whales buy more Shiba Inu
Onchain data shows that whales are stacking up more Shiba Inu (SHIB) and ETH.
According to Etherscan, an anonymous whale purchased over 606 billion SHIB, bringing their total SHIB holdings to over 1 trillion coins.
So far, Shibarium, a layer-2 solution, has processed over 300 million transactions, with an average of 1.2 million to 7.8 million transactions per day.
This uptick might support prices.
Closing thoughts
Falling prices spurred whales to buy more ETH and SHIB. At the same time, the increasing demand for PLX shows Pullix’s potential.
Read more: Pullix rises as Cardano and Chainlink add to altcoin dominance
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.
READ MORE ABOUT
sponsored
Hong Kong regulators sound alarm on unauthorized crypto staking programs
By Ogwu Osaemezu Emmanuel
January 28, 2024 at 7:09 pm
Edited by Anthony Patrick
NEWS
Hong Kong regulators sound alarm on unauthorized crypto staking programs
Collect the article
share
Hong Kong’s Securities and Futures Commission (SFC) has issued a cautionary statement, alerting the public to be wary of high-yield crypto investment schemes including the “Floki Staking Program” and “TokenFi Staking Program.”
SFC warn investors
According to a recent announcement, the Hong Kong Securities and Futures Commission (SFC) has made it clear that both the “Floki Staking Program” and “TokenFi Staking Program” lack authorization for offering to the Hong Kong public.
The regulator says both offerings involve cryptocurrency staking services that claim to deliver notably high annualized returns, ranging from 30% to over 100%, therefore, investors must exercise caution and diligence in light of these potentially suspicious schemes.
Additionally, the administrator overseeing these products has been unable to satisfy the SFC regarding the feasibility of achieving the high annualized return targets.
Highlighting the accessibility of information about these products to the Hong Kong public through the Internet, the SFC took proactive measures. On Jan. 26, the commission added both products and their related details to the SFC’s Suspicious Investment Products Alert List.
Expressing concern, the SFC cautioned investors about “staking” arrangements associated with virtual assets, noting their potential classification as unauthorized collective investment schemes and the inherent high risk.
The regulator says these investment products carry elevated risks, and as such, investors may find themselves with limited or no protection under the Securities and Futures Ordinance (SFO), exposing them to the risk of losing their entire investments.
The SFC advised investors to exercise caution, especially when encountering investment products that promise returns that seem “too-good-to-be-true,” urging vigilance in making investment decisions.
It will be recalled that in a statement released on Dec. 13, 2022, the SFC reiterated its caution to investors regarding the risks associated with virtual asset investment schemes, specifically highlighting “staking” services.
The SFC emphasized that such arrangements could potentially be categorized as Collective Investment Schemes (CIS), directing this reminder to both investors and individuals participating in these virtual asset arrangements.
In line with its commitment to regulatory oversight, the SFC asserted its readiness to take appropriate actions in the event of any breaches of the law.
You might also like: Hong Kong’s SFC cautions against unregulated crypto trading by JPEX
Floki responds
In a live spaces recap on X (formerly Twitter), the Floki team responded to the developments involving the SFC. The crypto platform stressed that the SFC’s primary concern revolves around the remarkable performance of the staking programs.
Unable to divulge details regarding their discussions with the SFC, Floki clarified that they partnered with a marketing agency to launch promotions for the Floki Staking Program and TokenFi Staking Program. The agency secured media exposure, and the Floki team was under the impression that they had received approval.
The Floki team refrained from commenting on the continuation of the marketing campaign in Hong Kong for the time being. They have reassured investors of their commitment to navigating all appropriate channels to meet the requirements set by Hong Kong authorities.
Furthermore, the SFC reiterated its commitment to enforcing regulatory standards and safeguarding investors from fraudulent schemes.
https://twitter.com/RealFlokiInu/status/1750984646689534330?t=DtIPFjHHzle_QGsBsHTJkQ&s=19
Hong Kong legislator supports spot Bitcoin ETF adoption
In related news, Hong Kong lawmaker Johnny Ng has called on the government to promptly introduce spot Bitcoin (BTC) exchange-traded funds (ETFs).
The decision comes on the heels of the recent approval of similar products in the U.S.
Anticipated to debut by mid-2024, Hong Kong’s first spot crypto ETFs have been under review by the SFC and the Monetary Authority.
The move is viewed as a significant stride towards aligning with global financial trends and solidifying Hong Kong’s standing in the crypto industry. The swift adoption of spot Bitcoin ETFs in Hong Kong could also have a profound impact on the region, as highlighted by industry insiders and experts.
The introduction of ETFs is deemed pivotal in aligning regulatory and industry expectations on controls and compliance, paving the way for this reality in the Asian market, where Hong Kong aspires to be a testing ground for the broader region.
Read more: Hong Kong to reportedly debut spot crypto ETFs by mid-year
READ MORE ABOUT
floki
hong kong
staking
tokenization
DeeStream to tap into $250b market as Ethereum and Chainlink struggle
January 28, 2024 at 7:00 pm
SPONSORED
DeeStream to tap into $250b market as Ethereum and Chainlink struggle
PARTNER CONTENT
Collect the article
share
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
DeeStream (DST) is a decentralized streaming platform offering advantages such as greater freedom of expression, lower fees, and more transparency. In stage one of its presale, DST is trading for $0.035.
Early DST investors may benefit from the decentralized streaming market, projected to reach $250 billion by 2027.
Ethereum is resilient
Despite the recent downturn, Ethereum (ETH) has remained relatively stable, holding above $2,200.
This stability may be due to increased activity from large institutional investors, known as whales, who are betting on an upcoming approval of a spot Ethereum exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC).
You might also like: SEC delays Grayscale spot Ethereum ETF to May
The surge in whale activity has led to a significant increase in liquidity and confidence, offsetting selling pressure.
Chainlink is bearish
Chainlink (LINK) has struggled in the past seven days, losing 10.4% and ranking second among the top 20 cryptocurrencies in losses.
However, there are some signs that the price might start to recover.
Prices are trending higher inside an ascending triangle, a bullish sign.
You might also like: Chainlink’s early access staking attracts $632m in LINK
Additionally, the descending trend line in the LINK/BTC trading pair is breaking down; a signal of possible recovery.
However, there are also some bearish signs.
The 20-day and 50-day EMAs are potential resistance levels.
At the same time, other indicators like Fibonacci retracement levels, RSI, and MACD provide mixed signals.
DeeStream aims to reshape decentralized streaming
DeeStream is a decentralized streaming platform similar to popular platforms like Twitch, Facebook Live, and TikTok Live.
Decentralization gives token holders more power over the platform through governance.
You might also like: DeeStream presale live, DST outperform DOGE and SHIB in 2024
DeeStream is easy to use and allows fans to watch their favorite streamers from all over the world.
Streamers can earn money through various channels, including gifted subs, Dee gifts, and packages. DeeStream also differs from other streaming platforms because it has low fees and decentralized decision-making.
DST is changing hands for $0.035 in stage one of its presale.
Read more: Bitwise: Bitcoin sent to ETF wallet to benefit fund investors
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.
READ MORE ABOUT
sponsored
Pushd supporters upbeat, may outrank Toncoin and Solana in 2024
January 28, 2024 at 6:00 pm
SPONSORED
Pushd supporters upbeat, may outrank Toncoin and Solana in 2024
PARTNER CONTENT
Collect the article
share
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Pushd (PUSHD) is conducting its presale. The platform will connect buyers and sellers, allowing auctioneers to auction their goods.
Toncoin (TON) is trading at $2.11 when writing. While firm, prices remain volatile. Meanwhile, Solana (SOL) is changing hands at $91.93 when writing. The coin is on a recovery path.
Toncoin is dropping
Toncoin investors and holders are doubtful of TON’s prospects.
Some are exploring Pushd, a low-capped token.
Read more: Toncoin and Dogecoin holders examining Pushd presale
Toncoin is ranked 15th in market capitalization.
Solana is volatile
Solana recently recovered from a 7-day losing streak, adding 5.40% in the past week.
It is also up 37.5% in the last month.
This uptrend has reassured investors and holders.
Solana supports token staking.
Pushd potential
Pushd recently audited.
Moreover, it has implemented a lifetime liquidity lock; a feature that reassures investors.
You might also like: Ethereum recovering, Pushd and Polkadot vie for top crypto position
Pushd is a platform that focuses on user needs and aims to compete with centralized platforms like Amazon and eBay. PUSHD holders have the power to participate in important decisions.
Moreover, the platform offers a rewards program that incentivizes token holders to contribute and help in the platform’s success.
Read more: Pushd picks up steam, presale draws XRP and Solana holders
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.