Crptocurrency

Experts Call Potential 100% Returns As Investors Book Promising Profit Margin On $MEDA Presale; Price Fluctuates On Ethena And TON

Published

3 weeks ago

April 28, 2024

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TLDR

Milei Moneda ($MEDA) offers investors an exciting investment opportunity.
Experts believe Ethena (ENA) could regain ground lost during the last slump.
Analysts predict more gains for Toncoin (TON) in the upcoming months.

Early Milei Moneda ($MEDA) investors count their profits as experts predict a massive surge for the meme coin. Meanwhile, Ethena (ENA) integrates major exchange wallets, and 21Shares inaugurates the first Toncoin (TON) ETP.

How have these developments affected Ethena and Toncoin prices, and how much profit have early Milei Moneda investors made? Let’s find out!

Economize Like Milei: Invest in $MEDA!

Investors Make Exciting Gains in the Milei Moneda’s Presale

Milei Moneda’s presale is one of the most talked about events in the crypto space. This is due to the massive gains that investors can and have made.

The presale is in Stage 2, and $MEDA is available for $0.0125. Stage 1 investors have already earned a 25% profit. These investors will eventually earn 100% of their initial investments when the presale ends. Meanwhile, investors who get in at Stage 2 will gain 60% at its launch on Uniswap, scheduled for May 21 at $0.020.

Experts predict more pumps after Milei Moneda launches. This is because $MEDA has a fixed supply of 500 million. Additionally, five percent of this supply will be burned, reducing the amount of $MEDA in circulation.

Furthermore, investors become a part of the Milei Moneda community. They also get voting rights, access to exclusive NFT collections, and earn NFT staking rewards. Moreover, investors’ funds are protected through smart contract audits, locked liquidity, zero team allocations, and no transaction fees.

These recent and future gains and other benefits make $MEDA the best new crypto to invest in.

Economize Like Milei: Invest in $MEDA!

Ethena Collaborates With Major Exchanges For Web3 Wallets

Recently, Ethena Labs announced that it had integrated with Binance, Bybit, OKX, and Bitget wallets. This integration implies users can now lock USDe, Ethena’s stablecoin, in the above-listed wallets. Moreover, Ethena rewarded customers who used these wallets to stake USDe with an extra 20%.

Analysts say this move will make it easier for ENA users to stake USDe. It will also attract more USDe stakers and boost activity on the ENA network.

However, ENA has lost 36% since the announcement. The token has witnessed a significant price drop. This price slump is due to the sharp dip the market experienced because of rising tensions in the Middle East.

Despite this, analysts tip ENA to pump to $4.81 as more people stake USDe for the huge rewards.

21Shares Introduces Toncoin Staking ETP: What’s Next for TON?

Recently, Switzerland-based exchange-traded products giant 21Shares launched a staking ETP for Toncoin. The new Toncoin Staking ETP is a 100% physically backed product that follows TON’s performance while reinvesting staking rewards in the ETP to improve performance.

The product will be traded on the Swiss SIX exchange with the ticker symbol TONN. Investors will be able to earn TON staking rewards without running a staking node.

The Toncoin Staking ETP held $25 million at launch – around 5 million TON coins at that time. The ETP’s net asset value debuted at $20. Now, analysts say the new ETP might have attracted extra interest in Toncoin as the token’s price has increased by 25%.

Experts predict that TON can reach $15 if the interest in the ETP increases. This forecast makes TON one of the altcoins to watch.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

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Crptocurrency

Binance Launches USDC Flexible Products, 8% APR Rewards

Published

2 days ago

May 14, 2024

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Binance announced a promotional campaign for its USDC simple earn flexible products, which ends on June 30, 2024.

Binance Holdings Ltd, the leading global cryptocurrency exchange by registered users and traded daily volume, has announced the launch of Circle Internet Financial Ltd’s USDC Simple Earn Flexible Products today.

According to the announcement, Binance users can now begin to earn up to 8 percent in their USDC holdings.

Notably, Binance has set a subscription of a first come first served model with reward payout divided into two sections.

Furthermore, Binance will only be offering a real-time annual percentage rate (APR) of approximately 4 percent.

Additionally, the cryptocurrency exchange has set a bonus tiered APR of around 4 percent to accounts with a balance of between 0.1 and 500 USDC.

As for accounts with a balance of more than 500 USDC, Binance highlighted that they will only receive real-time APR of about 4 percent.

Binance has not set a limit order in the USDC Flexible Products offering, thus offering users a decent income option. The distribution of bonus tiered APRs is sent to respective users’ spot wallets daily. On the other hand, accrued real-time APR are sent to respective users’ Earn wallet every minute.

Meanwhile, the promotion period for the USDC flexible products is set to end on June 30, 2024. After the promotional period, Binance users will be entitled to real-time APR rewards.

“All users who hold open positions for USDC Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only,” Binance noted.

Market Impact of Binance’s USDC Flexible Products

The launch of Binance’s USDC Flexible Products will have a profound impact on the mass adoption of the US dollar-backed stablecoins.

The notable competition between the various stablecoins will continue to escalate in the near future. For instance, Ripple Labs CEO suggested that the US SEC will be hunting down Tether’s USDT next.

However, Tether CEO Paolo Ardoino slammed Ripple, which intends to launch a US-backed stablecoin later this year, for it is already under investigation by the US SEC.

As of this writing, Circle’s USDC has a total market capitalization of about $33 billion and a 24-hour average traded volume of about $4.13 billion.

In comparison, Tether’s USDT had a market value of about $110 billion and a daily average traded volume of about $20 billion.

Bigger Picture

The relationship between Binance and the United States has significantly improved since the historical settlement.

Already, Binance is under a tight scope of the US regulators as part of the settlement plan. Consequently, there is a high chance that Binance will continue to attract more customers over time due its robust regulatory framework.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN

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Crptocurrency

Tech Summit San Francisco 2024: Transforming Tomorrow

Published

2 days ago

May 14, 2024

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San Francisco, June 19-20 – The highly anticipated annual Tech Summit San Francisco is set to illuminate the future of technology on June 19-20, 2024, from 9:00 AM at the renowned Santa Clara Convention Center.

Themed “Transforming Tomorrow,” this year’s summit promises to be a two-day extravaganza of innovation, knowledge-sharing, and unparalleled networking opportunities. With over 200 distinguished speakers, the event is set to exceed the success of the previous year, where more than 3,000 attendees delved into over 200 insightful sessions.

Tech Summit San Francisco has a history of hosting industry luminaries, and this year is no exception. Previous speakers have included Pinterest’s Tech Lead Thothathri Srinivasan, YouTube CEO Susan Wojcicki, and Guy Kawasaki, former Chief Evangelist at Apple. Attendees can expect a diverse range of perspectives and expertise from some of the most influential names in the tech world.

“We are thrilled to present Tech Summit San Francisco 2024, a dynamic platform where industry leaders, professionals, and enthusiasts converge to explore the transformative power of technology,” said Nicole, CTO at Tech Summit San Francisco. “The Santa Clara Convention Center will be the epicenter of groundbreaking discussions and innovations that will shape the future of the tech industry.”

For registration and more information about Tech Summit Europe 2024, please visit https://techsummit.tech/san-francisco/

About Tech Summit San Francisco:

Tech Summit San Francisco is an annual gathering of thought leaders, professionals, and enthusiasts from the technology industry. With a focus on innovation and collaboration, the summit provides a platform for exploring the latest trends and advancements in the tech world.

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Crptocurrency

Bybit Partners SignalPlus Launch Options Grand Prix Competition

Published

2 days ago

May 14, 2024

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Eligible participants for the Bybit x SignalPlus Options Grand Prix may also trade perpetual and futures. However, the volume will be discounted by 50% when the rewards are being calculated.

Popular cryptocurrency exchange Bybit has inked a new strategic partnership with SignalPlus, an options trading platform to propel a competition dubbed Bybit x SignalPlus Options Grand Prix.

The competition is a two-phase event where participants get to compete for a share of a 100,000 USDC prize pool as well as other prizes.

“We’re excited to partner with SignalPlus on the Bybit x SignalPlus Options Grand Prix,” said Hao Yang, Head of Financial Products at Bybit.

“With a massive prize pool of 100,000 USDC and exciting team and individual rewards, we’re expecting an energetic and competitive event. We encourage everyone to join us and experience the thrill of options trading on Bybit and SignalPlus.”

Users Participate as a Team or Individually

Yang also touted the competition as an opportunity for experienced options traders and novices who wish to sharpen their skills.

The first phase, the semi-final, will span from May 8 through May 24, 2024. The final lap will be from May 8 to June 8, 2024.

Several traders can pull forces together as a team and stand a chance to win up to 8,500 USDC. The top four performing teams are eligible for this prize money.

The participants will be judged on the basis of trading volume and total transaction count amongst others.

Noteworthy, having several team members with a trading volume of over 500,000 USDC in each stage, can help push the ranking of a team higher than its rivals.

During the time frame of the competition, eligible teams will participate in a lucky draw daily. The winners, five team members, will go home with 50 USDC each while the overall winner for each day will score an unforgettable 3D2N Thailand getaway.

For those who decide to participate in the two phase competition as an individual, several other prizes would be available for wins during the Bybit x SignalPlus Options Grand Prix.

The top ten contenders from this category could walk away with as much as 150 USDC per individual. Interested teams and individuals are required to register before they can participate in the competition.

More Activities in The Bybit Ecosystem

Eligible participants for the Bybit x SignalPlus Options Grand Prix may also trade perpetual and futures. However, the volume will be discounted by 50% when the rewards are being calculated.

On the other hand, residents of Spain, Brazil, Hong Kong, Netherlands, and the United Kingdom are prohibited from participating in this event.

Meanwhile, this is only one of the top activities that Bybit has launched in recent times, underscoring its commitment to engage with its users.

Last week, the exchange announced plans to make Notcoin, a Telegram-based play-to-earn game, available for trading later this month. Similarly, Bybit simplified crypto purchases globally by integrating Google Pay.

This integration allows users across 35 currencies to buy cryptocurrencies effortlessly with just one click.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN

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