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The cryptocurrency market is still expanding, and new projects and developments can appear on the market and benefit those interested in digital assets. Popular options currently include Ripple (XRP), Solana (SOL), and Minotaur (MTAUR), each with their own benefits and growth opportunities. Ripple (XRP) surges amid record activity on the XRP ledger The price of Ripple’s XRP token has skyrocketed recently, rising 1.05% to over $0.53 on Friday. The main driver of this price movement was the unprecedented level of token creation on the XRP Ledger, which indicates increased activity on the network. According to crypto analysis firm Santiment, daily…
Just 10 days before the US presidential election, Bitcoin prices appear to have settled into a plateau. Analysts are now expecting next week’s inflation and employment data to be the next big catalyst for BTC’s price movement.Bitcoin has retreated a bit since testing the $70,000 level earlier this week, gaining 0.8% on the day and 0.5% for the week, and settling around $68,000, according to data from CoinGecko.“Bitcoin made a slight correction towards the end of the day after reaching a high of $68,850, but maintained a solid price level,” BRN analyst Valentin Fournier said in a note shared with…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Dogecoin whales, which peaked at $0.7, are investing in Propichain (PCHAIN) with the aim of replicating the massive profits through tokenization of real-world assets. The former Dogecoin (DOGE) whale, who famously cashed out during the 2021 peak when DOGE hit $0.7, is back on the market. The whale caught the net again, attracting the attention of many people. This time, the internet has captured an RWA (Real World Asset) token that aims to make profits similar to Dogecoin. As…
Check out the companies that are trending in pre-market trading. Deckers Outdoor — The maker of Ugg and Hoka soared 14% after a big profit gain. Deckers’ earnings per share were $1.59, beating the $1.24 expected by analysts polled by LSEG. Revenue was $1.31 billion, well above the consensus estimate of $1.2 billion. Digital Realty Trust — The real estate investment trust soared 11% before the opening bell after reporting record lease bookings in the third quarter. Digital Realty also raised its full-year sales forecast to $5.6 billion, compared to the $5.57 billion expected by analysts polled by FactSet. Tapestry,…
Recently, large addresses from Ripple (XRP) and Litecoin (LTC) caused notable declines and reallocated funds to new pre-sale tokens for just $0.004. In the crypto market, when investors start selling their holdings, it usually means that the coins they are selling are in imminent danger. In some cases, this may mean that attention whales shift their attention to more promising projects. This new token, PropiChain (PCHAIN), is rapidly gaining recognition with a lot of interest and predictions. With carefully designed tokenomics, PCHAIN provides the strategic advantage that Ripple and Litecoin holders are currently betting on. Decline in XRP and LTC…
Ethereum is the second-largest cryptocurrency with a market capitalization of $298.5 billion, overwhelming altcoins. But it now faces competition from a new coin, Lexus Finance (RXS), and long-time rival Cardano (ADA). According to cryptocurrency analysts and billionaires, these coins could see an astounding 2500% appreciation by 2025. In this article, we explore why Rexas Finance and Cardano are emerging as strong competitors to Ethereum. Current status of Ethereum price Ethereum is one of the leading layer 1 cryptocurrency projects with a switch to PoS which increases scalability and energy efficiency. The current price is $2,600, with predictions that it will…
Gaming technology startup Improbable has announced plans to develop its own layer 1 blockchain, Somnia. Somnia claims to process over 400,000 transactions per second.Somnia, which is scheduled to launch on devnet in the coming weeks, “solves the scalability problem that has long held back blockchain technology,” said Improbable founder and CEO Herman Narula. claimed in a statement. He added that the company leverages its “knowledge of gaming and decentralized systems” to develop Somnia, with an eye toward “mass-market applications” such as games, social platforms, and decentralized finance (DeFi). Improbable is developing the fastest blockchain for high-volume consumer applications. @Somnia Network!…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. MicroStrategy’s aggressive Bitcoin acquisition strategy significantly contributed to the company’s stock reaching all-time highs. As the company continues…
Users can now trade MOODENG meme tokens on Binance in the form of MOODENGUSDT perpetual contracts with up to 75x leverage. On October 25th, 10:00 UTC, Binance Futures announced that it has expanded its listing to include the Solana-based meme coin MOODENG (MOODENG) through the MOODENGUSDT Perpetual Contract. According to the company’s notice, the Mu Deng-inspired meme coin will remain the underlying asset and Tether will be the settlement asset. Additionally, the upper limit funding rate set by the exchange at launch is 2.00%/-2.00%. Funding fees are settled every 4 hours, giving traders a consistent opportunity to manage their positions.…
Cryptocurrency markets are volatile, so trends can change in the blink of an eye. While established tokens like Dogecoin (DOGE) have enjoyed the spotlight, a new competitor is emerging that could disrupt the status quo: Lexus Finance (RXS). This trending token is trading for just $0.060, but you should jump on it as it has the potential to accumulate more value than Dogecoin during the upcoming bull market. What is Lexus Finance? Rexas Finance is a brand new platform for tokenizing real world assets (RWA). Rexas enables users to own or tokenize virtually any asset, whether they own real estate,…