“Swell’s roots are in Ethereum. But we are bullish on restaking across the blockchain ecosystem,” Swell founder Daniel Dizon said in the announcement. “That’s why we’ve launched a liquid restaking token for Bitcoin that will… help up to $1 trillion of bitcoin liquidity start flowing into DeFi.”
In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip significantly after rolling out her economic plans. Over the past 72 hours on Polymarket, her chances have taken a hit, dropping four percentage points, while […]
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UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially after weaker July jobs data. Investors are advised to wait […]
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“We think that restaking is going to be the largest DeFi segment, similar to how liquid staking grew, and because of the complexities associated with restaking, I think everybody focuses on the token, but they don’t realize how much infrastructure needs to be run to essentially be able to secure AVSs and in Jito’s cases, NCNs,” Kozinski said.
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […]
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As the cryptocurrency market heads into August 2024, investors are paying close attention to digital assets that are likely to perform exceptionally well. Ethereum (ETH), a leading force in the crypto world, continues to be a top choice due to its robust network and continuous advancements, which drive its widespread use in decentralized applications and finance.
Meanwhile, MoonTaurus (MNTR) is attracting considerable interest for its potential to deliver high returns. Already in its presale phase, MNTR has shown impressive early growth, drawing in investors with its strategic planning and limited token supply. With these factors, MoonTaurus is positioned to be one of the standout performers in August 2024.
Ethereum remains one of the most attractive investment options for August 2024, primarily due to its strong position in the cryptocurrency market and its continuous development. As the second-largest cryptocurrency by market cap, Ethereum has a proven track record of resilience and innovation. Its blockchain technology supports decentralized applications (dApps), smart contracts, and a wide array of decentralized finance (DeFi) projects, making it a critical infrastructure in the crypto space. The recent upgrades, like the transition to a Proof of Stake (PoS) consensus mechanism, have enhanced Ethereum’s scalability, energy efficiency, and security, all of which contribute to its long-term growth potential.
Investors are also drawn to Ethereum because of its broad utility and increasing adoption across various sectors. As more industries and projects utilize the Ethereum network, demand for ETH is expected to rise, driving its value higher. Despite some recent price corrections, Ethereum’s strong fundamentals, coupled with ongoing developments and anticipated further upgrades, make it a solid investment choice for those looking to capitalize on its potential growth in the near future. August 2024 presents an opportune time to invest in Ethereum, as the cryptocurrency is well-positioned to regain momentum and potentially reach new highs.
Investing in MoonTaurus (MNTR) in August 2024 is an excellent opportunity for early investors, as they can purchase the token at its current low price of $0.01 and see a 700% return by the launch, with a planned price of $0.07. Beyond the substantial gains during the presale phase, experts predict that MNTR could surge by up to 1500% after its launch, making it a highly attractive investment for those looking to capitalize on significant future growth.
MoonTaurus (MNTR) has already advanced to its second presale stage, with 100 million tokens available for sale—40 million more than in the initial stage. During the presale, the team has successfully raised over $350,000 and garnered more than 1,200 holders. This progress highlights the growing interest and confidence in MNTR, further enhancing its appeal as a promising investment opportunity.
A key factor driving the value of MoonTaurus (MNTR) is its built-in scarcity, due to its total supply of 3 billion tokens. Scarcity enhances a token’s value by limiting its availability, which can create higher demand and increase its price over time. With a fixed number of tokens, as interest and demand grow, the price tends to rise because there are fewer tokens available for purchase.
The distribution of these 3 billion tokens is carefully planned to support the token’s growth and stability. Currently, 40% of the total supply, or 1.2 billion tokens, is allocated to the presale phase. At present, 100 million tokens are available in the second presale stage, following the sale of 60 million tokens in the first stage. Additionally, 30% of the total supply is earmarked for marketing efforts to boost the token’s visibility and attract new investors. To maintain liquidity, 20% of the tokens are reserved for exchange platforms, while 10% are designated for community rewards, including incentives and giveaways to engage supporters.
Additionally, the team has clear goals and targets in place. They are focused on achieving a market capitalization of $1 billion, which they believe will significantly enhance the token’s credibility and attract more investors. Their strategy includes listing the token on major exchanges and expanding its market presence. The team is also working on robust marketing efforts to increase community engagement and accelerate the presale. Their aim is to ensure that MoonTaurus reaches its full potential and delivers strong returns for its investors.
The team is hosting a giveaway with a prize pool of $100,000, which will be awarded to 10 winners. To participate, individuals must follow MoonTaurus on their official social media platforms, such as Twitter, Telegram, and Discord. For complete details on how to enter, visit their website.
In conclusion, both Ethereum (ETH) and MoonTaurus (MNTR) stand out as strong investment options for August 2024. Ethereum continues to be a leading choice due to its established technology and ongoing improvements, offering solid growth potential. Meanwhile, MoonTaurus presents an enticing opportunity for early investors, with its low presale price and promising future gains. With strategic planning and a focus on community engagement, MNTR is poised for significant growth. Both assets provide unique opportunities for investors seeking to capitalize on the evolving cryptocurrency market.
Website: https://moontaurus.com/
Linktree: https://linktr.ee/moontaurus
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly decreased, and since May 21, the meme token […]
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“In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors may be adopting a risk-off stance, moving funds to safer environments like cold wallets in anticipation of market volatility,” IntoTheBlock analysts said.
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be […]
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Key takeaways
DTX is a new layer-1 protocol coming to the cryptocurrency exchange. According to its official website, DTX Exchange is a comprehensive investment platform designed for seasoned investors seeking access to a diverse array of financial instruments.
The platform offers high-end products that ensure seamless investment in cryptocurrency, equities, forex, and other asset classes.
Per the development team, DTX will focus on delivering an unmatched trading experience. The platform has a zero-commission policy, expedited withdrawals, and rapid trade execution.
Furthermore, as an investment platform, DTX has strict adherence to regulatory standards, ensuring a secure and compliant investment environment.
The team explained that traders with at least $10,000 on account with the DTX Black Club will have access to different benefits. Some benefits include rakeback, monthly bonuses, level-up bonuses when you move, e.g., from bronze to silver, weekly bonuses, daily bonuses, and reimbursement from net losses.
As a trading and investment platform, DTX Exchange comes with a wide range of features. The team revealed that the exchange will go live before the presale comes to an end.
DTX will also launch a layer-1 protocol to compete with industry leaders, including Ethereum, BNB Chain, Solana, and others. The project has raised nearly $1.5 million in its presale, and Solidproof completed a KYC audit.
As a trading platform, traders can use up to 1000x leverage, which is higher than what is attainable on the leading centralised cryptocurrency exchanges. Furthermore, the DTX exchange will be home to over 120,000 assets, indicating that investors and traders will have access to a wide range of trading pairs. The platform will also introduce Quant and Algo trading as it seeks to attract some of the world’s leading traders.
The DTX Exchange presale is currently in its second round and has attracted over $1.4 million so far. Upon launch, DTX is expected to achieve a daily trading volume of $175,000,000 on the exchange from all the assets traded.
With a 0% commission, DTX will raise revenue using other means such as spreads, withdrawal fees, listing fees, staking fees, margin trading, and futures trading. From the $175,000,000 volume, DTX will yield a profit daily of approximately 2% ($3,500,000).
In this current presale round, investors can purchase a single DTX token for $0.04. However, the token price will increase to $0.06 in the next presale round, which commences once the amount raised reaches $2 million. Investors can purchase the DTX token using USDT.
Find out more about the DTX presale here.
In the history of the crypto space, the best times to purchase tokens are either during the presale or during a bear market. DTX Exchange could become a leading trading platform thanks to its proposed products and a layer-1 protocol.
As a VIP presale investor, DTX Exchange will share out of the 2% profit, with 1% distributed as a rebate share among its VIP Presale Investors. The team explained that the rebate share can be paid on a daily, weekly, monthly, quarterly, bi-annual, or annual basis.
DTX is offering investors various incentives, and its native token could follow the footsteps of other exchange-based tokens like BNB, OKB, CRO, and GT.
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