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Bitcoin Recovers After CPI Data Drop, But Is It Sustainable?

bitcoinist.com - пт, 09/13/2024 - 17:00

Following the release of the Consumer Price Index (CPI) data for the month of August, the Bitcoin price saw a major rebound. From trending around the $55,000 level, the price has since recovered and bulls continue to fight to turn the $58,000 resistance into support. However, despite the strength being shown by Bitcoin during this time, there is still skepticism surrounding the recovery. Mainly, the questions have been on whether this is a true recovery or if the BTC price is headed for further decline.

CPI Brings Fresh Hope

The Consumer Price Index (CPI) data represents how much consumers are paying for consumer goods and services at different times. Basically, it calculates the change in the price of these goods and services, showing whether purchasing power has gone up on down.

For the month of August, the CPI data came in lower than expected, making it a positive for the financial markets. According to reports, instead of the 2.6% annual increase that experts expect, the CPI data came out to a 2.5% increase annually.

This comes as the inflation data rose higher than the forecasted month-on-month 0.2% and came out to 0.3%. However, it has not affected the positivity brought about by the CPI data, especially given that the 2.5% increase in the lowest recorded levels since February 2021, so more than three years.

The Bitcoin price immediately reacted positively to the CPI data release. It jumped around 3% in a single day, retesting the $58,000 level not too long after. However, with the positive sentiment brought about by the CPI data already waning, the price could see a drawdown from here.

Bitcoin And Crypto Market Still In Fear

Although there has ben a recovery in the Bitcoin and crypto market sentiment, is still far from a perfect situation for a price surge. From last week to this week, the crypto Fear & Greed Index has fluctuated between 22 and 37 on the scale. This means that sentiment is still firmly in the bearish territory.

During times like these, inflows into the market are often minimum as investors figure out their next move. This could explain why the Bitcoin price has been trading in a very tight range below $60,000 since then. However, if the bulls continue to dominate, then reclaiming support above $60,000 could be the next stop.

With Spot Bitcoin outflows still continuing, and BTC miners selling a large chunk of their holdings, this decline could continue. In that case, then the Bitcoin price could be falling toward $50,000 again.

HNT Investors Purchase GoodEgg Presale With Helium Profits; GEGG Raises 250k In Hours

bitcoinist.com - пт, 09/13/2024 - 17:00

As Helium (HNT) continues its strong rise toward the $9 mark, savvy investors are using their gains to diversify their portfolios. The latest investment avenue catching their attention is GoodEgg (GEGG), an A.I-powered dating platform that raised an impressive $250,000 in just a few hours during its presale. With Helium (HNT) establishing itself as a major player in the Internet of Things (IoT) sector, its investors are now exploring new, innovative projects like GoodEgg (GEGG) to capitalize on the booming decentralized finance (DeFi) ecosystem.

Helium’s Ascent and Profitable Gains

The recent performance of Helium (HNT) has been nothing short of remarkable. As the token approaches $9, driven by the rapid expansion of its decentralized IoT network, investors have been reaping substantial rewards. The increasing number of Helium hotspots appearing globally has reinforced the token’s position as a leader in the wireless communication sector. Investors in Helium (HNT), encouraged by these developments, are now looking to diversify their earnings into new and promising projects.

One such opportunity that has captivated Helium (HNT) investors is the presale of GoodEgg (GEGG), an innovative A.I dating platform that combines cryptocurrency with social interaction. As GoodEgg (GEGG) continues to gain momentum, it’s clear that Helium (HNT) holders see this project as a long-term investment with the potential for significant returns.

DeFi and Online Gaming: Mpeppe’s Impact

Meanwhile, another investment gaining traction among Helium (HNT) investors is Mpeppe (MPEPE), a meme-based cryptocurrency deeply embedded in the online gaming and DeFi sectors. With its unique focus on decentralized finance-driven gambling, Mpeppe (MPEPE) is emerging as a favorite among those eager to maximize speculative gains in the online casino space.

The synergy between cryptocurrencies and online casinos is well-documented, with digital currencies offering enhanced security, privacy, and global accessibility. Helium (HNT) investors have recognized the potential in projects like Mpeppe (MPEPE), which allows users to engage in DeFi-enabled online gambling. This combination of entertainment and financial incentives is a compelling draw for Helium (HNT) holders looking to diversify their profits beyond the IoT space.

GoodEgg (GEGG): The New Frontier in Crypto Investment

While Mpeppe (MPEPE) is gaining popularity in the gaming sector, GoodEgg (GEGG) offers a completely different but equally promising opportunity. The platform aims to revolutionize online dating through A.I technology, creating a decentralized environment where users can interact, earn rewards, and even engage in gamified dating experiences. As GoodEgg (GEGG) pushes forward, it has quickly garnered the attention of investors, particularly those from the Helium (HNT) community, who see the presale as an excellent chance to get in early on a project with high growth potential.

The $250,000 raised during the presale is a testament to the enthusiasm surrounding GoodEgg (GEGG), which aims to leverage the power of A.I to disrupt the traditional dating industry. This platform not only offers a fresh take on online interaction but also provides an avenue for users to earn rewards in the form of GEGG tokens. For investors looking to diversify their holdings, GoodEgg (GEGG) presents an exciting opportunity to engage with a new and growing sector within the cryptocurrency space.

Diversification: A Strategic Move for Helium Investors

For investors in Helium (HNT), diversification is the key to long-term success in the volatile world of cryptocurrencies. The rise of GoodEgg (GEGG), alongside other emerging projects like Mpeppe (MPEPE), allows these investors to spread their profits across multiple promising sectors. Whether it’s the DeFi-driven world of online gambling or the A.I-powered realm of social interaction, Helium (HNT) holders are strategically positioning themselves to maximize their returns.

Both Helium (HNT) and GoodEgg (GEGG) represent cutting-edge developments within their respective fields. As Helium (HNT) continues to expand its decentralized IoT network and GoodEgg (GEGG) prepares for its official launch, the opportunities for growth are vast. Helium (HNT) investors, already reaping the benefits of their IoT gains, are now exploring the future of A.I in the dating industry through GoodEgg (GEGG).

HNT holder and GEGG: A Perfect Match

The strategic movement of Helium (HNT) investors into the GoodEgg (GEGG) presale signals a growing interest in the A.I and social interaction sectors within the crypto space. As Helium (HNT) nears the $9 mark and continues to establish itself as a leader in decentralized IoT, its investors are wisely using their profits to diversify into emerging projects like GoodEgg (GEGG). With the presale raising $250,000 in a matter of hours, it’s clear that GoodEgg (GEGG) is poised for significant success as it moves toward its official launch.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: 

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Telegram: https://t.me/GEGG_OFFICIAL

X/Twitter: https://x.com/goodeggofficial

 

Helium Gains Momentum As HNT Investors Add New A.I Dating Cryptocurrency To Holdings With Helium Profits

bitcoinist.com - пт, 09/13/2024 - 17:00

2024 has proven to be a significant year for Helium (HNT) as it experienced its first breakout past the $10.00 mark since 2022, sparking renewed interest in the decentralized network that powers the Internet of Things (IoT). This rise in price has not only invigorated the market but also attracted investors to new and emerging projects like GoodEgg (GEGG), an A.I-driven dating cryptocurrency platform. With GoodEgg (GEGG)‘s presale raising $250,000 in just 24 hours, it’s clear that Helium (HNT) investors are seeking innovative ways to diversify their profits.

Helium’s Price Surge and Future Potential

The price trajectory for Helium (HNT) in 2024 has been one of volatility and excitement. Surpassing $10.00 was a major milestone, and although the token has since retraced to $6.33, the overall market sentiment remains positive. Analysts believe that Helium (HNT) has the potential for continued growth as more IoT devices connect to its decentralized network.

Much of this growth hinges on Helium’s ability to maintain momentum through strategic developments. As the year progresses, many in the crypto space are keeping a close eye on Helium (HNT), expecting further bullish runs if market conditions remain favorable. Investors, therefore, see this moment as an opportunity to explore additional high-growth projects like GoodEgg (GEGG) while continuing to hold their Helium (HNT) positions.

BlockDAG’s Presale and Its Effect on Helium Investors

In addition to Helium (HNT)’s rally, the crypto space is abuzz with excitement surrounding BlockDAG’s $72.1 million presale, fueled by a team video that laid out the project’s ambitious goals. The buzz from BlockDAG has seemingly energized the wider market, including Helium (HNT), which has benefited from the heightened attention on decentralized technologies.

While Helium (HNT) investors look to capitalize on its IoT success, they are also increasingly attracted to new opportunities in other sectors. GoodEgg (GEGG), a futuristic A.I dating platform, has caught the attention of many within the Helium (HNT) community. This shift is a testament to the evolving nature of the cryptocurrency landscape, where profits from tokens like Helium (HNT) are often reinvested into up-and-coming projects with innovative use cases.

Why Helium Investors Are Turning to GoodEgg (GEGG)

The presale success of GoodEgg (GEGG) is no coincidence. Investors from the Helium (HNT) community have taken notice of the platform’s potential to revolutionize the online dating space with its A.I-driven features. Unlike traditional dating apps, GoodEgg (GEGG) offers users the ability to engage in gamified dating experiences, earn rewards, and unlock rare NFTs—all while enjoying the benefits of a decentralized ecosystem.

With GoodEgg (GEGG)‘s presale price set at $0.00021, it represents an attractive entry point for investors who are accustomed to the rapid growth associated with early-stage crypto projects. Many Helium (HNT) investors see GoodEgg (GEGG) as an ideal way to diversify their holdings, especially as the platform gains traction and prepares for a possible 100X return by 2024.

Helium’s Holders Diversifying Portfolios

For many Helium (HNT) holders, diversification is key to managing risk and maximizing returns. The success of Helium (HNT) in the IoT space has provided substantial gains for early adopters, and now those profits are being funneled into emerging projects like GoodEgg (GEGG). This trend showcases the flexibility of Helium (HNT) investors, who are not just focused on IoT but are exploring other high-potential sectors within the crypto space.

As GoodEgg (GEGG) continues to gain momentum, it’s becoming clear that Helium (HNT) investors are more than willing to bet on the platform’s success. The integration of A.I into the dating world represents a significant shift in how users interact with technology, and GoodEgg (GEGG) is at the forefront of this transformation.

Price Surges and New Opportunities

The surge in Helium (HNT)‘s price, along with its expanding IoT network, has provided a strong foundation for investors to explore new opportunities. GoodEgg (GEGG) has captured the attention of these investors by offering a unique A.I-driven dating platform with significant growth potential. As both Helium (HNT) and GoodEgg (GEGG) continue to evolve, investors are positioning themselves for what could be a landmark year in the crypto space. With GoodEgg (GEGG) poised for a major Tier 1 listing in 2024, it’s no wonder that Helium (HNT) investors are adding this innovative project to their portfolios.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: 

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Telegram: https://t.me/GEGG_OFFICIAL

X/Twitter: https://x.com/goodeggofficial

 

Минфин США ввел санкции против бизнесмена за принуждение людей к криптомошенничеству

bits.media/ - пт, 09/13/2024 - 16:59
Управление по контролю за иностранными активами Министерства финансов США (OFAC) ввело санкции против камбоджийского бизнесмена за создание центров кибермошенничества, сотрудников которых принуждали завлекать других людей в криптосхемы.

Высокий суд Великобритании признал стейблкоины USDT имуществом

bits.media/ - пт, 09/13/2024 - 16:46
Верховный суд Соединенного Королевства Великобритании и Северной Ирландии постановил, что стейблкоины американской компании Tether должны рассматриваться судами в качестве объектов права собственности.

The Dogecoin Community Join The Gambling ICO Mpeppe (MPEPE) Market Strategist Foresees 150x Gains

bitcoinist.com - пт, 09/13/2024 - 16:23

The Dogecoin (DOGE) community, known for its enthusiasm and unity, has found its next big investment: Mpeppe (MPEPE). With Mpeppe (MPEPE) launching a new gambling ICO, excitement is building among Dogecoin (DOGE) holders as market strategists predict potential 150x gains. The unique features of Mpeppe (MPEPE) and its innovative approach to gambling have caught the attention of the crypto world, making it a popular choice for those looking to diversify.

Mpeppe (MPEPE)’s Crypto Gambling Platform: What Makes It Stand Out?

Mpeppe (MPEPE) is revolutionizing the online gambling landscape by integrating cryptocurrency advantages into its platform. Enhanced security and privacy are at the forefront of its offerings. Unlike traditional payment methods, Mpeppe (MPEPE)’s use of blockchain technology ensures that players’ data and financial information are shielded from breaches. Dogecoin (DOGE) holders, drawn to the prospect of more secure and private transactions, are turning to Mpeppe (MPEPE)’s gambling ICO with high hopes.

Global Access and Low-Cost Transactions: Mpeppe (MPEPE)’s Advantage Over Traditional Casinos

One of the most attractive features of Mpeppe (MPEPE) is its ability to facilitate global access. Cryptocurrencies like Dogecoin (DOGE) make it easy for users to engage in gambling activities across borders, without worrying about the hassle of currency conversion. For the Dogecoin (DOGE) community, which is spread across the world, this feature makes Mpeppe (MPEPE) an appealing option. Additionally, Mpeppe (MPEPE)’s low-cost transactions, powered by blockchain technology, provide significant savings compared to traditional banking methods, making it an efficient and cost-effective alternative.

Decentralized and Transparent: Mpeppe (MPEPE)’s Vision for a Fair Gambling Experience

Mpeppe (MPEPE) aims to leverage the power of decentralization to create a fair and transparent gambling environment. Unlike traditional casinos, Mpeppe (MPEPE) eliminates intermediaries by using decentralized ledgers. This guarantees full transparency in all transactions, giving Dogecoin (DOGE) holders and other crypto enthusiasts peace of mind that their gaming experience will be fair and free from manipulation. With blockchain technology ensuring the immutability of data, Mpeppe (MPEPE) safeguards player information, making it a trusted platform for online gambling.

Conclusion: Mpeppe (MPEPE)’s ICO Offers Dogecoin Holders a Golden Opportunity

Dogecoin (DOGE) has always been about more than just currency; it’s a community-driven movement. Now, that same community is rallying behind Mpeppe (MPEPE)’s gambling ICO, with hopes of reaping 150x gains. By combining blockchain innovation, global access, and a focus on security, Mpeppe (MPEPE) offers Dogecoin (DOGE) holders an exciting new investment opportunity that could deliver both financial and gaming rewards. As the ICO progresses, both the Dogecoin (DOGE) and Mpeppe (MPEPE) communities are eagerly anticipating what’s next.

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

After Dogecoin (DOGE)’s Recent Performance Can They Keep Up Mpeppe (MPEPE)’s Rapid Growth and Unique Features

bitcoinist.com - пт, 09/13/2024 - 16:14

Dogecoin (DOGE) has become one of the most well-known meme coins in the crypto world, thanks to its vibrant community and impressive performance. Over the years, DOGE has delivered significant returns for its investors and gained mainstream recognition. However, with new players like Mpeppe (MPEPE) emerging and rapidly growing, the question arises: Can Dogecoin (DOGE) keep up with the innovative and fast-paced features of Mpeppe (MPEPE)?

Mpeppe (MPEPE)’s Integration of DeFi Protocols: A Game-Changer for Users

Mpeppe (MPEPE) is not just another meme coin; it is positioning itself as a serious contender in the decentralized finance (DeFi) space. By integrating DeFi protocols, Mpeppe (MPEPE) offers users access to a wide range of financial services such as lending, borrowing, trading, and yield farming, all without the need for traditional intermediaries. This feature not only enhances the functionality of Mpeppe (MPEPE) but also plays a crucial role in the broader adoption of DeFi technology. Dogecoin (DOGE), on the other hand, has yet to fully embrace DeFi, giving Mpeppe (MPEPE) a competitive edge in this rapidly expanding sector.

Dogecoin (DOGE)’s Community Power: Can It Fuel Future Growth?

One of Dogecoin (DOGE)’s  most powerful assets is its dedicated and enthusiastic community. From grassroots campaigns to celebrity endorsements, Dogecoin (DOGE) has benefited from widespread support that has kept its value rising. However, Mpeppe (MPEPE) is building its own community, one that is focused on the transformative potential of decentralized technologies. Mpeppe (MPEPE) is creating synergies between DeFi and virtual worlds, offering a vision of the future that goes beyond what Dogecoin (DOGE) currently offers. While Dogecoin (DOGE)’s community is strong, Mpeppe (MPEPE)’s unique features could attract a new wave of crypto enthusiasts.

Mpeppe (MPEPE)’s DeFi Features: Driving Innovation in the Crypto World

What sets Mpeppe (MPEPE) apart from Dogecoin (DOGE) is its innovative use of DeFi protocols to provide more functionality to its users. With the ability to facilitate financial services within DeFi systems, Mpeppe (MPEPE) is enabling its community to participate in lending, borrowing, and trading in a decentralized environment. This level of functionality is absent in Dogecoin (DOGE), making Mpeppe (MPEPE) a more attractive option for those looking to engage with cutting-edge crypto technology. Mpeppe (MPEPE)’s DeFi capabilities are poised to drive its rapid growth, positioning it as a leader in the evolving crypto landscape.

Conclusion: Can Dogecoin (DOGE) Keep Up with Mpeppe (MPEPE)’s Innovation?

Dogecoin (DOGE) has a legacy of success, but its future remains uncertain as new players like Mpeppe (MPEPE) continue to push the boundaries of what cryptocurrency can do. With Mpeppe (MPEPE)’s  integration of DeFi protocols, enhanced functionality, and vision for decentralized technologies, it is rapidly becoming a major force in the crypto world. For Dogecoin (DOGE) to stay competitive, it will need to evolve and adapt to the growing demand for more functional and innovative crypto solutions. As Mpeppe (MPEPE) continues its rapid growth, only time will tell if Dogecoin (DOGE) can keep up with the pace of change in the crypto landscape.

 

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

Helium Investors Become Bullish With New Casino Coin Before Price Increases To $0.00235

bitcoinist.com - пт, 09/13/2024 - 16:11

Mpeppe (MPEPE) is catching the attention of investors, especially those who have already profited from Helium (HNT). As Mpeppe (MPEPE)‘s presale inches closer to a price increase to $0.00235, the coin’s exciting features and strong community backing have sparked increased interest from both seasoned and new investors. Here’s why this could be the next big gamble in the crypto space.

MPEPE: A Gambling Coin with Massive Potential

Meme cryptocurrencies have a reputation for taking the market by storm, and Mpeppe (MPEPE) is no different. What sets Mpeppe (MPEPE) apart is its integration into online gambling, offering its users a dual benefit of trading in the token and engaging in a decentralized gambling ecosystem.

Helium (HNT) investors are particularly bullish on Mpeppe (MPEPE) because of the potential for exponential gains—mirroring the early rise of meme giants like Dogecoin (DOGE) and Shiba Inu (SHIB). The community-driven nature of Mpeppe (MPEPE) has been instrumental in generating viral buzz, drawing both small-scale and whale investors alike.

The Excitement and Risk of Meme Cryptocurrencies

One of the biggest draws for investors in Mpeppe (MPEPE) is the thrill that comes with meme cryptocurrencies. Known for their speculative nature and rapid price fluctuations, meme coins like Mpeppe (MPEPE) are high-risk, high-reward investments. For Helium (HNT) investors, who have already experienced gains in a more structured and utility-driven token, Mpeppe (MPEPE) offers an exciting opportunity to tap into the more volatile but potentially more lucrative world of meme coins.

The Power of the Internet

Mpeppe (MPEPE)‘s success is largely tied to its ability to leverage viral marketing and internet culture. Like Pepecoin (PEPE) before it, Mpeppe (MPEPE) capitalizes on memes and social media platforms to gain attention. With memes driving its narrative, Mpeppe (MPEPE) has created a buzz that has turned it into a widely-discussed token across various crypto communities.

Helium (HNT) investors, recognizing this, have started reallocating profits into Mpeppe (MPEPE) in anticipation of its potential for viral success. This buzz can help spread the coin’s value, increasing demand and driving prices higher, potentially surpassing the $0.00235 mark as expected.

Mpeppe (MPEPE)’s Gamble on Decentralized Finance (DeFi)

Another reason Helium (HNT) investors are flocking to Mpeppe (MPEPE) is its synergy with the decentralized finance (DeFi) ecosystem. Mpeppe (MPEPE) integrates DeFi elements into its tokenomics, providing users with opportunities like yield farming, liquidity mining, and decentralized governance. These features add long-term utility and sustainability to the token, making it more appealing to seasoned investors.

With Helium (HNT) holders already familiar with blockchain technology and decentralized ecosystems, Mpeppe (MPEPE)’s DeFi integration represents a promising new venture. This dual nature of the coin, as both a meme token and a utility-driven asset, has made it a popular choice for those looking to maximize their returns in the short and long term.

Final Thoughts: The Future of Mpeppe (MPEPE) and Helium

Mpeppe (MPEPE) is gaining momentum as its price increases, attracting investors from Helium (HNT). The meme coin, known for its viral marketing, gambling utility, and DeFi protocol integration, is expected to experience significant growth. Investors should diversify their portfolios with stable tokens like Helium (HNT) and assets like Mpeppe (MPEPE) before its price jumps, as the next presale stage approaches.

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

Helium Millionaire Goes All In On New Gambling Cryptocurrencies Currently At $0.0021

bitcoinist.com - пт, 09/13/2024 - 16:08

A growing trend in the cryptocurrency space sees investors flocking to new and innovative projects that offer high potential for growth. One such investor, a Helium (HNT) millionaire, has recently made headlines by going all in on the new gambling cryptocurrency, Mpeppe (MPEPE), currently priced at $0.0021. Here’s why Mpeppe (MPEPE) is becoming the hottest ticket in the crypto market and why Helium (HNT) investors are bullish on its future.

Mpeppe (MPEPE): The Next Big Thing in Crypto Gambling

Mpeppe (MPEPE) is revolutionizing the online gambling industry by integrating blockchain technology with traditional gambling platforms. As a decentralized gambling token, Mpeppe (MPEPE) offers players enhanced security and privacy, thanks to the immutable and transparent nature of blockchain. 

This key feature has caught the attention of many Helium (HNT) investors, including a prominent HNT millionaire, who sees the long-term potential of Mpeppe (MPEPE) in reshaping the online gaming and betting landscape.

Why Helium Investors Are Flocking to Mpeppe (MPEPE)

Helium (HNT) investors are known for their strategic investment moves, and their latest focus on Mpeppe (MPEPE) is a testament to the token’s potential. With Mpeppe (MPEPE) offering a seamless gambling experience through the use of cryptocurrencies, it eliminates the need for traditional banking methods, providing players with an efficient, secure, and private way to place bets. 

Helium (HNT) investors, many of whom have profited from innovative tech projects, see Mpeppe (MPEPE) as a perfect addition to their portfolio due to its potential for rapid growth.

The Power of Decentralization in Online Casinos

One of the biggest draws of Mpeppe (MPEPE) is its use of decentralized technology, which eradicates the need for intermediaries in the gambling process. Blockchain ensures transparency, allowing every transaction to be securely verified without the risk of tampering. This is particularly appealing to the online gambling community, who seek a safe and private environment.

Mpeppe (MPEPE)’s decentralized ledger ensures that users’ sensitive data is kept secure, while also enabling fast, low-cost transactions. For Helium (HNT) investors, accustomed to the technological innovations of the Helium (HNT) Network, Mpeppe (MPEPE)’s blockchain-based features make it an ideal candidate for investment.

Mpeppe (MPEPE)’s Global Appeal

One of the primary benefits of using cryptocurrencies in online casinos is the ability to overcome geographical constraints. Traditional banking methods often limit the reach of players due to location-based restrictions, but Mpeppe (MPEPE) allows players from all over the world to engage without these barriers.

This global accessibility has drawn the attention of Helium (HNT) investors, who are keen to support projects that provide real-world utility and global reach. The combination of decentralized finance and gaming creates a strong value proposition for Mpeppe (MPEPE) in the rapidly growing online casino industry.

Conclusion: Why Mpeppe (MPEPE) Is the Future of Crypto Gambling

Mpeppe (MPEPE), a decentralized gambling cryptocurrency, is gaining popularity due to its global accessibility, instant rewards, and security features. With support from Helium (HNT) investors, including a millionaire backer, Mpeppe (MPEPE) offers a promising future for both players and investors seeking a better online casino experience and significant opportunities.

For more information on the Mpeppe (MPEPE) Presale: 

Visit Mpeppe (MPEPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

Компания MicroStrategy увеличила свой запас биткоинов еще на $1,1 млрд

bits.media/ - пт, 09/13/2024 - 16:06
Американская компания-разработчик программного обеспечения MicroStrategy, один из крупнейших публичных держателей битконов в мире, сообщила Комиссии по ценным бумагам и биржам США (SEC) о покупке дополнительных 18 300 BTC.

Ethereum’s Underperformance Sends Shockwaves In The Community Holder Join Bullish Mpeppe (MPEPE)

bitcoinist.com - пт, 09/13/2024 - 16:05

Ethereum (ETH) has long been a cornerstone of the cryptocurrency world, but its recent underperformance has left many investors scrambling for alternatives. As Ethereum (ETH) struggles to regain its footing, a new player is capturing the attention of the community: Mpeppe (MPEPE). This meme-inspired cryptocurrency is quickly gaining traction, with many Ethereum (ETH) holders switching to Mpeppe (MPEPE) in search of higher returns and a more dynamic ecosystem.

Ethereum’s Struggles Cause Concern Among Investors

Ethereum (ETH)’s price fluctuations and delays in network upgrades have caused frustration among investors. The anticipated Ethereum (ETH) 2.0 upgrade, while promising, has yet to deliver the performance boosts and scalability improvements many were hoping for. As a result, ETH has experienced a period of stagnation, leaving investors wary of its near-term potential.

With Ethereum (ETH)’s market dominance being challenged by newer and more innovative projects, many holders are diversifying their portfolios. Mpeppe (MPEPE), a cryptocurrency with strong meme appeal and practical applications, has emerged as a frontrunner for those seeking bullish growth potential.

Introducing Mpeppe (MPEPE): The Next Big Meme Coin with Utility

Mpeppe (MPEPE) is far from just another meme coin—it represents a fusion of internet culture and blockchain innovation. Drawing inspiration from the viral success of Pepecoin, Mpeppe (MPEPE) aims to go beyond hype and create a tangible impact within the sports and gaming industries. With a vibrant community and plans for integration with decentralized finance (DeFi) platforms, Mpeppe (MPEPE) is positioning itself as the next big cryptocurrency that offers real utility.

Why Ethereum Holders Are Switching to Mpeppe (MPEPE)

As Ethereum (ETH)’s price continues to underperform, many of its holders are turning to Mpeppe (MPEPE) as a more promising investment. Here’s why:

– Higher Growth Potential: While Ethereum (ETH) is focused on scalability and network improvements, Mpeppe (MPEPE) is in its early stages of growth, offering investors the opportunity to get in before the token explodes in value.  

– DeFi Integration: Mpeppe (MPEPE) is designed to integrate seamlessly with DeFi protocols, allowing users to earn rewards through yield farming, staking, and liquidity mining. This adds an extra layer of value to the token, making it more than just a meme coin.

– Sports and Gaming Ecosystem: Mpeppe (MPEPE) is building a robust ecosystem around sports and gaming, attracting fans and crypto enthusiasts alike. This niche focus gives it a unique appeal, differentiating it from Ethereum (ETH)’s broader scope.

Mpeppe (MPEPE)’s Gaming and Betting Ecosystem

At the heart of Mpeppe (MPEPE)’s platform is its focus on gaming and betting. The project aims to create an ecosystem where users can engage in sports betting, play games, and trade the community token. By leveraging blockchain technology, Mpeppe (MPEPE) ensures transparency, fairness, and decentralization in its gaming and betting operations, which sets it apart from traditional platforms.

Conclusion: Mpeppe (MPEPE) Is Poised to Surpass Ethereum’s Growth

Mpeppe (MPEPE), a cryptocurrency with a unique blend of meme culture, blockchain innovation, and a vibrant community, has gained significant traction due to Ethereum (ETH)’s underperformance. As more ETH holders adopt Mpeppe (MPEPE), its value is expected to rise, making it an exciting option for Ethereum (ETH) bulls to consider in the coming months.

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Tron Belief: Data Reveals TRX HODLers Jumped 237% In Past Year

bitcoinist.com - пт, 09/13/2024 - 15:30

On-chain data shows that Tron long-term holders have increased by 237% in the past year, suggesting a rise in HODLing convictions on the network.

Tron HODLers Have Seen Their Count Go Up Recently

In a new post on X, the market intelligence platform IntoTheBlock shared an update about how the different segments of the Tron userbase are looking right now regarding the number of addresses they contain.

The cohorts in question have been divided based on holding time, and there are three main cohorts: Traders, cruisers, and HODLers. First, the Traders include the investors or addresses who acquired their coins within the past month.

Many of this cohort’s members would, therefore, be new entrants into the market. Another chunk of the group would be investors only interested in short-term trading or lacking the conviction to hold into the long term.

The second group, the Cruisers, contains the investors who have held beyond the 1 month mark, but are yet to hold for a full year. This class is a mixed bag, with fickle-minded and resolute hands coexisting.

Those who pass the test and hold past the 12-month mark get promoted into the HODLers or long-term holders. Statistically, the longer an investor holds their coins, the less likely they become to sell at any point, so the TRX addresses that fall in this range would be the most stubborn hands in the market.

Now, here is a chart that shows the distribution of the Tron addresses across these three groups:

As displayed in the above graph, the Tron HODLers have been growing quickly during the last couple of years. The HODLers earlier used to be fewer in number than the Cruisers, but last year, they changed the situation and have since gained a healthy gap at the top.

In the last year alone, the number of HODLers has grown by around 237%, which has taken their total address count to almost 90 million. In contrast, the number of cruisers is less than 50 million.

As for the Traders, they currently have just 8 million addresses, meaning that an overwhelming majority of TRX investors have held their coins for at least one month.

This shift towards HODLing naturally suggests that investors are becoming more confident about sitting on their Tron into the future, which could be bullish for the price.

TRX Price

While most of the cryptocurrency sector has witnessed notable positive returns over the past week, Tron has more or less moved sideways, as its price is still trading around $0.152.

The below chart shows what TRX’s trajectory has looked like over the past month.

Dogecoin Whale Introduces New A.I Dating Cryptocurrency Platform Positioned To Cause Major Market Disruption

bitcoinist.com - пт, 09/13/2024 - 15:00

Dogecoin (DOGE), the beloved meme coin that skyrocketed to fame with the backing of Elon Musk and an enthusiastic community, is once again seeing significant whale activity. This time, however, a new player has entered the stage—GoodEgg (GEGG), an A.I-driven dating cryptocurrency platform that is positioned to cause a major market disruption. As Dogecoin whales continue to make moves, GEGG is quickly gaining attention as the next big project to watch. Let’s explore the details behind this potential game-changer.

Dogecoin Whales Accumulate Over 400 Million DOGE

According to data from IntoTheBlock, large holders have been on a buying spree, scooping up over 400 million Dogecoin (DOGE) in the past few days. On September 11, the inflow from Dogecoin’s large holders surged by 970%, moving from 46.25 million to a staggering 493.15 million DOGE. This increase signals that whales are positioning themselves for a bullish trend, and the selloff that had plagued Dogecoin (DOGE) has significantly cooled down.

The net inflow of Dogecoin (DOGE) reached an impressive 414.97 million DOGE, worth approximately $42.46 million. At the same time, DOGE’s whale outflow dropped from 442.12 million to 78.17 million, further indicating that selling pressure has decreased. With 62% of Dogecoin (DOGE)’s total supply now residing in whale addresses, it’s clear that big players are still very much in the game.

GoodEgg (GEGG): The New Player Set To Disrupt The Market

While Dogecoin (DOGE) continues to show resilience, GoodEgg (GEGG) is quickly capturing the attention of crypto enthusiasts and whales alike. GoodEgg is not just another meme coin—it’s an A.I.-powered dating platform that seeks to bridge the gap between virtual dating and real-world interactions. With its unique “Play-2-Date” feature, users can engage in social activities and earn GEGG tokens for participating in virtual dating experiences.

The platform’s presale is already underway, with more than $280,000 raised. Investors can still buy GEGG tokens at the presale price of $0.00015, making it an enticing opportunity for early adopters. Analysts predict that the token’s price could surge by 100x as more users and whales enter the ecosystem, potentially outperforming even Dogecoin (DOGE) in the long term.

DOGE’s Bullish On-Chain Signals

On-chain data for Dogecoin (DOGE) continues to look promising. Transactions worth over $100,000 have increased, with a total of $942 million in large transactions over the past week. Furthermore, the exchange net inflow for Dogecoin (DOGE) has declined from 84.83 million to 33.42 million DOGE, suggesting that whales are holding onto their assets and selling pressure has reduced significantly.

At the time of writing, Dogecoin (DOGE) is trading at $0.1024, up 1.6% in the past 24 hours. However, the token is still 86% down from its all-time high of $0.73 in May 2021. Even though DOGE has faced challenges, the continued accumulation by whales and bullish on-chain signals provide hope for a potential recovery in the near future.

Elon Musk’s Role in Boosting Dogecoin

Elon Musk’s influence on Dogecoin (DOGE) cannot be overstated. Recently, Tesla’s billionaire CEO reignited interest in DOGE when he suggested bringing it back as a payment method for the company’s products. Musk’s tweet followed the dismissal of a $258 billion lawsuit against him and his companies, which accused them of manipulating the price of Dogecoin (DOGE).

Musk’s continued support for DOGE gives the meme coin a major advantage, as his tweets often lead to price increases and renewed interest from both retail and institutional investors. However, the entrance of GoodEgg (GEGG) into the market adds a new dimension to the cryptocurrency landscape, as it provides a fresh use case with its A.I. dating platform.

Conclusion: Will GEGG Overtake DOGE?

While Dogecoin (DOGE) remains a powerful force in the crypto world, the rise of GoodEgg (GEGG) represents a new wave of innovation. The A.I.-powered dating platform adds real-world utility to a space often dominated by meme coins, offering investors an exciting alternative. With bullish on-chain signals for DOGE and the growing interest in GEGG, both tokens are poised for major gains. However, GoodEgg (GEGG) may have the potential to disrupt the market and even outshine Dogecoin (DOGE) in the near future, making it one to watch closely in the coming months.

 

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Dogecoin Holders Add New A.I Dating Cryptocurrency To 100X MoonBags, Will DOGE Keep Up With GoodEgg?

bitcoinist.com - пт, 09/13/2024 - 15:00

Dogecoin (DOGE) has long been the favorite of meme coin investors, but as the market matures and newer, more innovative tokens enter the scene, some Dogecoin (DOGE) holders are diversifying their portfolios. One such project capturing attention is GoodEgg (GEGG), an AI-driven dating cryptocurrency that aims to revolutionize the social space. While Dogecoin continues to face market challenges, GoodEgg (GEGG) has been steadily gaining traction, leading analysts to speculate whether Dogecoin (DOGE) can keep up with the potential 100x gains forecasted for GEGG.

Declining Interest in Dogecoin (DOGE)

Dogecoin (DOGE) has seen a recent decline, with its price hovering around $0.10. The token’s Mean Dollar Invested Age (MDIA), a critical metric that measures the average age of each invested dollar in Dogecoin, has shown signs of weakening. A falling MDIA typically suggests that investors are selling their DOGE holdings, increasing the token’s vulnerability to price drops. Since early September, Dogecoin has struggled to maintain its value, signaling a possible bearish trend.

GoodEgg (GEGG) Gains Traction

Meanwhile, GoodEgg (GEGG), with its unique AI-driven Play-2-Date ecosystem, is making headlines. GEGG combines the power of artificial intelligence and blockchain to create a social platform where users can earn tokens while interacting in a fun, dating-focused environment. With its presale price set at $0.00015, investors are flocking to the project in hopes of massive returns. So far, GEGG has raised over $280,000, selling 1.8 billion tokens in its first presale stage.

Decreasing Dogecoin Wallets Raise Concerns

Another sign of trouble for Dogecoin is the declining ratio of new to deleted addresses. This indicator shows the rate at which new wallets are created compared to the rate at which wallets are deleted. Dogecoin currently has a ratio of just 0.11%, suggesting that more wallets are being closed than created. This is a concerning trend for DOGE, as it could signal a lack of new interest in the token, which is critical for its long-term growth.

GoodEgg Pioneering Social-Fi application to Meme coins

In contrast, GoodEgg (GEGG) is attracting both new and seasoned investors. With a strong focus on community and innovative social impact, GEGG offers more than just speculative gains. The platform promises to build connections and provide real-world benefits through its dating and social scoring features, making it more than just another meme coin.

Dogecoin’s Struggles on the Chart

Dogecoin’s daily chart showed a brief attempt to break out of a descending triangle pattern, a traditionally bullish indicator. However, Dogecoin (DOGE) faced rejection when it attempted to reach $0.11, and the price has since struggled to hold above the 61.8% Fibonacci retracement level. If the current trend continues, analysts predict that Dogecoin could fall to $0.091. On the other hand, if bulls manage to regain control, the price could rebound to $0.12.

GoodEgg (GEGG) Offers Promise

For now, GoodEgg (GEGG) seems to be the more exciting option for investors seeking significant returns. With its presale selling out fast and a unique AI-driven platform that integrates social impact with blockchain technology, GEGG offers a fresh alternative to Dogecoin. For Dogecoin (DOGE) holders, the question remains: Will Dogecoin recover and catch up to GoodEgg (GEGG), or will this new AI dating cryptocurrency be the next big thing in the crypto space?

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Top Analyst Dives Into New SHIB Rival GoodEgg & Online Dating Using Cryptocurrency

bitcoinist.com - пт, 09/13/2024 - 15:00

The rise of GoodEgg (GEGG) has caught the attention of crypto enthusiasts, particularly those involved in meme coins like Shiba Inu (SHIB). With a unique proposition that blends artificial intelligence, online dating, and cryptocurrency, GoodEgg is setting the stage to become a strong competitor to Shiba Inu (SHIB). But what is it about GoodEgg that makes it such a compelling project, and why are investors intrigued by its potential to rival Shiba Inu (SHIB)?

The Evolution of Shiba Inu (SHIB)

Shiba Inu (SHIB) has been a popular meme token, originally launched as a competitor to Dogecoin. With a dedicated community and viral marketing, SHIB reached remarkable highs. Recently, however, Shiba Inu (SHIB) has struggled to break resistance levels and regain its previous momentum.

On the daily chart, SHIB finds strong support around $0.00001267 but faces stiff resistance at the $0.00001697 mark. Breaking past this will be crucial for Shiba Inu (SHIB) to regain the confidence of the broader crypto market. Should this resistance hold, the token could continue its downward trajectory. Nonetheless, many Shiba Inu (SHIB) holders are optimistic about a potential comeback, but it will take more than meme-based hype for the coin to return to its previous highs.

Why GoodEgg (GEGG) is Attracting SHIB Holders

While Shiba Inu (SHIB) has its roots firmly planted in the meme coin culture, GoodEgg is combining the power of artificial intelligence with online dating, creating an entirely new crypto experience. It’s more than just another meme coin—GoodEgg (GEGG) offers real utility in the social-fi space, encouraging meaningful connections while rewarding users with tokens.

The idea of a cryptocurrency being tied to an AI-driven dating platform has intrigued Shiba Inu (SHIB) holders who are looking for a more innovative and engaging project. With over 74.26% of its tokens sold in the presale, GoodEgg has proven that it’s more than just a meme—it’s a token with real-world use and the potential to disrupt both the crypto and social spaces.

GoodEgg’s Unique Dating Ecosystem

GoodEgg (GEGG) aims to foster a safe and interactive virtual environment for dating, leveraging blockchain technology to ensure transparency and security. Unlike Shiba Inu (SHIB), which thrives mainly on community hype and speculative trading, GoodEgg (GEGG) offers a tangible product: a dating platform where users can interact, earn rewards, and engage in gamified experiences.

Moreover, GoodEgg’s presale token price of $0.00015 has also attracted attention from Shiba Inu (SHIB) holders. Given its lower entry price and unique proposition, GoodEgg (GEGG) is well-positioned to attract not only meme coin enthusiasts but also those who are interested in the social impact of cryptocurrency.

Shiba Inu (SHIB)’s Struggles and the Path Ahead

The technical analysis for Shiba Inu (SHIB) reveals both bullish and bearish trends. On the 4-hour chart, SHIB has managed to break above the 50-EMA, signaling some bullish momentum. However, if the token fails to break through the critical resistance levels, it could continue to face selling pressure, with support potentially dropping to $0.00001126.

The popularity of Shiba Inu (SHIB) lies in its community, and much like Dogecoin, its long-term value will depend on maintaining that community-driven momentum. For now, SHIB faces an uphill battle, but many believe that a shift in broader market sentiment could reignite interest in the token.

Exciting times ahead

GoodEgg (GEGG) is emerging as a serious contender in the world of meme coins, especially as it offers more than just hype. Its innovative AI-powered dating platform has made it a unique offering in the cryptocurrency space, providing a tangible product while also capitalizing on the growing trend of meme coins.

As Shiba Inu (SHIB) fights to break resistance levels and regain its former glory, GoodEgg is quickly becoming a favorite among investors seeking new opportunities with real-world applications. With its presale already in full swing, it’s clear that GoodEgg has the potential to be a major disruptor, not just in the meme coin market but also in the wider cryptocurrency ecosystem.

Both tokens—Shiba Inu (SHIB) and GoodEgg (GEGG)—offer different advantages, but the future might see more investors shifting their attention toward innovative projects like GoodEgg, especially those looking to combine entertainment, social interaction, and financial reward.

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3 Reasons Dogecoin Whales Love This A.I Dating Cryptocurrency Positioned To Overtake Dogecoin and Shiba Inu

bitcoinist.com - пт, 09/13/2024 - 15:00

Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts and crypto whales, thanks to its massive community and frequent endorsements from figures like Elon Musk. However, as the market evolves, new contenders like GoodEgg (GEGG) are emerging, offering unique features that could soon challenge even the giants like Dogecoin (DOGE) and Shiba Inu (SHIB). Here are three reasons why Dogecoin whales are increasingly flocking to this new A.I.-powered dating cryptocurrency.

  1. Elon Musk’s Continued Influence on Dogecoin (DOGE)

In the last week, Dogecoin (DOGE) saw a 4.7% rise, largely attributed to another tweet from Elon Musk. On September 12, 2024, Musk once again teased the DOGE community by posting on X (formerly Twitter) using the acronym for Dogecoin—DOGE—within a playful message about a fictitious government department. Musk’s tweet sparked excitement within the Dogecoin community, and transactions above $100,000 surged within a single day. Despite this, technical analysis suggests Dogecoin (DOGE) may face some weakness in the near term, with the Simple Moving Average (SMA) indicating the potential end of a recent uptrend.

While Dogecoin (DOGE) continues to benefit from Musk’s influence, many whales are diversifying their portfolios, eyeing newer projects like GoodEgg (GEGG) that offer both high upside potential and unique real-world applications.

  1. GoodEgg (GEGG)’s Innovative Approach to Cryptocurrency

One key reason GoodEgg (GEGG) is attracting Dogecoin (DOGE) whales is its unique combination of A.I. technology and social impact. Unlike most meme coins that rely solely on community hype, GEGG aims to build a broader utility through its Play-2-Date platform, which blends A.I. matchmaking with a cryptocurrency rewards system. Users can earn GEGG tokens while interacting in a virtual dating ecosystem, making the coin more than just another speculative investment.

Whales understand the importance of utility in the long-term success of a cryptocurrency, and GoodEgg (GEGG) provides that in spades. Its presale is gaining massive attention, and with analysts predicting a potential 100x return, the coin is shaping up to be a strong competitor to Dogecoin (DOGE) and Shiba Inu (SHIB) in the meme coin space.

  1. A Growing Community and Whale Participation

Data shows that 70% of Dogecoin (DOGE) holders are currently in profit, with large holders (whales) controlling 62% of the coin’s supply. These whales are now starting to look at other projects to diversify their holdings, and GoodEgg (GEGG) is increasingly becoming a go-to option. With its community-driven approach and an innovative platform that appeals to both crypto enthusiasts and casual users, GoodEgg is capturing the attention of large investors.

The shift from Dogecoin (DOGE) to GoodEgg (GEGG) represents a strategic move by whales looking to capitalize on the next big thing in the meme coin space. As more whales begin to accumulate GEGG, it strengthens the project’s market position, making it a formidable competitor against established players like Dogecoin (DOGE) and Shiba Inu.

Final Thoughts

While Dogecoin (DOGE) continues to ride the wave of Elon Musk’s endorsements and community hype, newer projects like GoodEgg (GEGG) are proving to be strong contenders in the meme coin arena. Offering a unique combination of A.I. technology, social impact, and cryptocurrency rewards, GoodEgg is positioned to attract not only small investors but also large whales looking for the next big opportunity. As the presale gains momentum, it’s clear that GoodEgg (GEGG) could soon outshine Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of both innovation and long-term growth potential.

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How to Buy Near Protocol and GoodEgg Before September 18th

bitcoinist.com - пт, 09/13/2024 - 15:00

As the cryptocurrency market buzzes with emerging trends and growing interest in decentralized finance (DeFi), two tokens are stealing the spotlight: Near Protocol (NEAR) and GoodEgg (GEGG). While both projects cater to vastly different niches—NEAR in infrastructure and GEGG in social scoring and AI-driven meme coin innovation—both offer unique investment opportunities leading up to September 18th. This article explores why both tokens are gaining traction and how to get involved.

The Thing about Near Protocol (NEAR)

Near Protocol (NEAR) has garnered significant attention in recent weeks. Although the token dipped 2.4% along with the broader market, the long-term outlook remains positive. NEAR Protocol aims to create a high-performance decentralized platform for decentralized applications (dApps), a feature that has captured the imagination of developers and investors alike.

Per a recent report, NEAR is trading around $4.02 at press time, and while it has failed to break above key resistance levels recently, many analysts see potential. Technical indicators like the double-bottom pattern signal the possibility of a breakout towards $7.80 or even $15. The market is also keeping an eye on upcoming U.S. Consumer Price Index (CPI) data, which could serve as a catalyst for further movement in both NEAR and the overall crypto market.

GoodEgg (GEGG): A New Contender in the Meme Coin Space

As Near Protocol positions itself as a leader in the blockchain infrastructure space, GoodEgg (GEGG) is emerging as a new and exciting player in the world of AI-driven meme coins. GoodEgg distinguishes itself with its innovative Play-2-Date application, which introduces a fusion of dating and social scoring powered by AI algorithms.

Priced at $0.00015 during its presale phase, GoodEgg (GEGG) has captured the attention of not only retail investors but also institutional players. Whales who traditionally invest in tokens like NEAR are beginning to allocate a portion of their portfolios to GoodEgg, anticipating significant gains as the presale approaches its final stages.

Investors are drawn to GoodEgg‘s unique proposition, which blends meme culture with social engagement. With its AI-powered platform, GoodEgg (GEGG) allows users to interact in a gamified ecosystem, offering rewards for participation and engagement. Analysts predict that GEGG could see a rapid price surge post-launch, with some speculating returns of up to 10x within the first few months.

Comparing the Two: NEAR vs. GoodEgg (GEGG)

While NEAR focuses on scalability and developer-friendly infrastructure, GoodEgg taps into the meme coin market and social applications powered by AI. Both tokens are operating in distinct sectors, but the strategies behind their development suggest that they could complement one another in a diverse investment portfolio.

  • Near Protocol (NEAR) has a market cap of over $4.5 billion, a robust community of developers, and long-term goals centered on building decentralized applications.
  • GoodEgg (GEGG) is relatively new but promises high returns through its innovative use of AI and community-driven initiatives. The presale price of $0.00015 makes it accessible, especially for early investors.
How to Invest in NEAR and GoodEgg (GEGG)

To invest in Near Protocol (NEAR), investors can use popular exchanges like Binance, Coinbase, and KuCoin. Simply create an account, deposit funds, and purchase NEAR tokens. With NEAR currently sitting below its all-time highs, now might be a good time to accumulate before its potential breakout.

For those interested in GoodEgg (GEGG), the presale is currently live, offering an opportunity to get in early at $0.00015 per token. Potential investors should visit the GoodEgg official website and follow the prompts to join the presale. Once the presale closes on September 18th, the token is expected to be listed on several decentralized exchanges (DEXs).

Final Thoughts

Both Near Protocol (NEAR) and GoodEgg (GEGG) offer compelling cases for investors looking to diversify their portfolios. NEAR continues to build on its vision of decentralization and scalability, while GoodEgg is creating a buzz with its blend of social engagement and AI-powered interactions. Whether you’re seeking a long-term infrastructure play or a high-reward meme coin investment, these two tokens are worth considering before their next big moves.

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ScamSniffer: Мошенники воспользовались уязвимостью Google Ads для кражи криптовалют

bits.media/ - пт, 09/13/2024 - 14:49
Эксперты специализирующейся на судебной экспертизе блокчейнов компании ScamSniffer заявили, что злоумышленники научились обходить ограничения выборки результатов сервиса Google Ads. Цель преступников: реклама фейкового сервиса по восстановлению криптовалют Revoke Cash.

ФБР закрыло три сервиса по возврату украденных криптовалют

bits.media/ - пт, 09/13/2024 - 14:29
Специальные агенты Федерального бюро расследований США (ФБР) в Сан-Диего закрыли вебсайты, принадлежащие трем фейковым сервисам, предлагавшим жертвам криптомошенничества услуги по возврату украденных средств.

Bitcoin Mining Difficulty Surges: Miners Face Toughest Conditions Yet

bitcoinist.com - пт, 09/13/2024 - 14:00

The difficulty in mining Bitcoin has surged to a new record level, hence squeezing profit margins. Reaching 92.67 trillion, the difficulty index exceeded the previous record peak of 90.67 trillion set in July this year.

This 3.6% rise represents the increased competitiveness resulting from record-breaking hashrate values. It emphasizes how resilient and secure the network is becoming since mining Bitcoin calls for more computational capability.

Miners Liquidating Their Bitcoin Holdings

Interestingly, since September 8, miners have sold almost 30,000 Bitcoin, worth around $1.71 billion. This significant sell-off points to possible problems with liquidity or worries about future price movements among miners.

The added difficulty comes at a trying time for miners, still adapting to the repercussions of April’s “halving,” a programmed decrease in mining rewards that has already halved possible profits since then, helping to explain a rough 10% decline in the price of Bitcoin.

Miner Secures Block Reward Alone

Despite the difficulties, a single miner obtained a block reward of around $180,000. This uncommon success underlines how much individual miners may still produce in spite of growing challenges.

NEWS: Solo #Bitcoin miner wins a $180K (3.169 $BTC) reward after successfully mining block 860749. pic.twitter.com/KrBDOw99ue

— CoinGecko (@coingecko) September 11, 2024

The growing difficulty hasn’t discouraged miners from improving their operations, either. September saw an all-time high in Bitcoin’s hashrate, which gauges the overall computing capacity sustaining the network. This implies that in the near future miners will be betting on a big price rise.

Effect On Miners Listed Publicly

The rise in mining complexity has heightened competitiveness and strained profit margins for publicly traded bitcoin miners. These difficulties have led major mining corporations to disclose notable declines in their stock prices and production rates.

This year, shares of Marathon Digital Inc. are off 31%, while Riot Platform’s fell 54%. The stock performances of a number of widely traded mining companies reflect the overall difficulties of the crypto mining industry.

The effects on Bitcoin’s price are yet unknown, with possible consequences for long-term network security as well as transient price swings. While some worry that the significant volume of BTC being sold by miners could set off selling pressure and a possible decline in Bitcoin’s price, others consider the rise in mining difficulty as a good indication for the security of the network and investor trust.

Therefore, every investor should track these developments to assist one in making a wise choice about financial strategy. Reflecting the uncertainties about the present market conditions, the optimistic attitudes of the Bitcoin community have also plummeted to 21% out of 51,341 respondents surveyed.

Featured image from Bankless, chart from TradingView

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