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Investment Analysis: NUGX vs. AVAX vs. MANTA – Making the Smarter Crypto Choice

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TLDR

  • Vryx’s scaling solution will help push Avalanche’s (AVAX) transaction speeds to record levels.
  • The total value locked (TVL) on Manta’s Layer 2 network has risen to $1.7 billion.
  • NuggetRush (NUGX) is also becoming a top-choice investment with various reward-earning opportunities.

Avalanche (AVAX) has unveiled plans to boost its transaction speeds. Manta’s popularity has contributed to the sharp growth in TVL of its layer-2 network.

NuggetRush (NUGX) is also on investors’ radar after selling 167 million tokens in its presale. Its value has jumped by 80%. Yet, can this make NUGX become one of the top altcoins? Let’s hear from NUGX supporters.

>> Buy NuggetRush Now <<

 

NuggetRush: Blending the Best of Play-to-Earn Gaming with Exciting Prize Rewards

NuggetRush (NUGX) is dominating news headlines as more investors learn about its exciting mining adventures. The blockchain project features an exciting NFT gaming project with super realistic gaming technology. It features a mining rush where players compete, setting up viable operations for digging and excavating mineral resources.

On NuggetRush (NUGX), you get money from trading mineral resources on a marketplace. To get these resources in the first place, players must become artisanal miners. The game’s virtual landscapes contain valuable resources like gold. To mine these resources, you need assistance from professional miners who come as NFTs.

Gamers can also sell these NFT characters, earning high value from the game’s marketplace. Furthermore, NuggetRush (NUGX) comes with NFT staking benefits, which pay up to 20% APY depending on how long a player holds their NFT assets.

NuggetRush (NUGX) is in the last phases of its blockchain ICO. It has since sold 167 million tokens and raised over $2 million. Furthermore, investors who acquired NUGX tokens in round one of its presale are now enjoying an 80% interest. NUGX is now in round five of its presale, costing $0.018. Round five buyers will enjoy an 11.1% increase to $0.020.

>> Buy NuggetRush Now <<

 

Avalanche Unveils Vryx Scaling Solution

On January 26, 2024, Avalanche (AVAX) unveiled its Vryx scaling solution. Details from the report showed that Vryx will help Avalanche get to 100,000 transactions per second. Avalanche (AVAX) further revealed that its first scaling solution will be launched on the HyperSDK testnet in Q2 2024.

News of Avalanche’s (AVAX) scaling solutions comes amid its recent market decline. As of January 1, AVAX cost $41.86. AVAX fell by 26.9% to $30.59 by January 23 following the slight market downturn. However, it recovered by 13.7% to $34.79 on January 28.

Avalanche (AVAX) hopes to boost its transaction speeds in line with plans to expand its services in 2024. Already, Avalanche has outlined a detailed plan to invest in meme coins. DeFi gaming activity on Avalanche has also increased significantly in recent times. 

Analysts say Avalanche’s DeFi activity will rise following the launch of Vryx. This could push AVAX’s price up by 25.2% to $43.58. Furthermore, Avalanche could become one of the top DeFi projects.

 

Manta Rises Amid Increased Interest in its Layer-2 Network

Shortly after launching its layer-2 network, Manta recorded increased user activity. Data from DeFiLlama shows that Manta Pacific’s Total Value Locked (TVL) had reached $1.7 billion by late January. 

Its sharp rise indicates growing interest in Manta’s network, which led to its spectacular token value increase. MANTA traded at $2.1529 on January 18. As of January 21, MANTA had risen by 37.9% to $2.9698. It remained bullish, rising by 17.0% to $3.4759 by January 28.

Manta’s growth has been spectacular. Its market capitalization has risen to $900 million despite being launched less than three weeks ago. However, analysts expect this growth to continue due to growing network activity on Manta Pacific, thus pushing MANTA’s value up by 43.0% to $4.9709. MANTA could thus become one of the best altcoins to purchase.

Visit NuggetRush Presale Website



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Press Release

HKMA Issues Guidance Firms Offering Crypto Custodial Services

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  • The Hong Kong Monetary Authority (HKMA) issued guidance for firms interested in offering crypto custodial services.
  • Among the requirements, the HKMA wants firms to hold clients’ digital assets in client accounts segregated from the firm’s own assets in the event of an insolvency.
  • The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.

The Hong Kong Monetary Authority (HKMA) issued guidance for authorized institutions interested in offering custody services for digital assets as the territory attempts to reclaim its title as a crypto hub.

The Hong Kong Monetary Authority (HKMA) guidance issued on Tuesday adds to the licensing regime introduced last year that gives crypto exchanges a pathway to operate in a regulated manner.

See Also: Hong Kong Authorities Warns Against Fraudulent Websites Posing as MEXC

In the 11-page “Expected Standards” document, the HKMA says it wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks. 

The entire process should be overseen by the board and senior management.

The central bank also wants the sector to allocate adequate resources, including manpower and expertise, to custodial activities so it can manage conflicts of interest that may arise and implement effective disaster-recovery arrangements to ensure business continuity.

The collapse of FTX, Terra, and Three Arrows have led authorities to frame regulations or guidance to protect customers from inadequacies in the digital asset industry. 

The HKMA document says firms should hold clients’ digital assets in separate accounts segregated from the firm’s own assets in the event of insolvency. 

Companies should prevent the use of client assets for the firm’s accounts.

See Also: UBS Hong Kong and Crypto Exchange OSL Tokenize Investment Warrant on Ethereum

The HKMA also wants the institutions offering custody services to minimize “the risk of loss of client digital assets due to theft, fraud, negligence or other acts of misappropriation, as well as delayed access or inaccessibility of client digital assets.”

Some of the other major guidance requirements are to conduct independent systems audits, store a substantial portion of client digital assets in cold storage, ensure that private keys are secured within Hong Kong and provide all records to HKMA whenever requested.

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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First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days

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London, United Kingdom, February 21st, 2024, Chainwire

Bitcoin Dogs has now raised a total of $3.1M in the first 6 days of its historic presale. The project’s BRC-20 token, 0DOG, is the first-ever ICO on the Bitcoin blockchain.

Bitcoin Dogs leverages the recent Ordinals protocol to break new ground in the Bitcoin ecosystem and the team plans to launch a 10k-strong NFT collection later this year.

The opportunity to be part of history has been a key selling point for the brand, fuelled no doubt by the token price increasing every three days, until the presale ends on Friday, 15th March – after which the token will become available for trading. 

In less than 6 days, the Bitcoin Dogs’ X community has surged past 80k followers, with a further 14.5k actively discussing the project in the Telegram community.

Bitcoin Dogs (0DOG) is available on the official website.

The Road Ahead For Bitcoin Dogs

Beyond the historic ICO that has launched the 0DOG token, Bitcoin Dogs has a very comprehensive roadmap as outlined in its whitepaper, comprising a new play-to-earn game as well as one of the largest collections of Bitcoin NFTs to date. 

Retro 8-bit graphics bring the Bitcoin Dogs universe to life, a subtle nod to early NFT collections like CryptoPunks as well as classic pet simulator games such as Tamagotchi. 

Gameplay is heavily integrated with social media, a mechanism designed to build community and take the game to a wider audience. Sharing progress allows players the chance to earn in-game currency, which they can then use to compete against other players in hair-raising races and dog-themed competitions.

Price Drivers For 0DOG

There are a whole host of factors likely contributing to the success of Bitcoin Dogs, including strong project fundamentals and a resurgent crypto market led by Bitcoin, alongside a powerful value proposition.

Bitcoin Dogs offers a tangible product, with a game and NFT collection on the horizon. The project roadmap is also clear, with a long-term strategy to sustain interest beyond the ICO.

The ICO itself has also been a key selling point: being the first presale for Bitcoin-based tokens has attracted numerous buyers, and the short 30-day window has encouraged prospects to get in early. The increased momentum could also be driven by the price increase every three days.

The project’s proximity to Bitcoin is also a likely boon. Bitcoin has seen increased price value in 2024, stabilizing above $50k at the time of writing ahead of the next halving, scheduled for April.

With media including Cointelegraph predicting new highs in the wake of the halving, the wider market could also benefit, and if so Bitcoin Dogs is well-positioned to enjoy Bitcoin’s slipstream.

Furthermore, the BRC-20 token standard (which allows new cryptocurrencies to be deployed on, and secured by the Bitcoin blockchain) has made waves since it was unveiled in 2023. BRC-20 projects like ORDI and ORNJ have achieved rallies of 3,000% and 677%, respectively.

With potential like this at the forefront, Bitcoin Dogs aims to be the leading contender holding the BRC-20 torch. With just 23 days remaining, there is limited time before the highly anticipated open of public trading. 

About Bitcoin Dogs

Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection is being developed exclusively for 0DOG holders.

For more information (0DOG) users can visit the Bitcoin Dogs’ website.

Website | Whitepaper | Socials

Contact

Bitcoin Dogs
Bitcoin Dogs Team
[email protected]





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Rebel Satoshi ($RBLZ) Low Presale Price Presents Best Entry For Profit Amid Mild Dump On Celestia (TIA) And Dymension (DYM)

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TLDR

  • Amid the bullish run in the cryptocurrency market, Celestia (TIA) experts expect the DeFi coin price to rise to $39.879 by June.
  • Dymension (DYM) experts believe that DYM could fall to $5.565 by the end of February. 
  • Rebel Satoshi ($RBLZ) remains the top ICO as it draws closer to its official release on DEXs promising the best ROI.

Recently, previously-rated top altcoins such as Celestia’s TIA have suffered considerable losses whereas the likes of Dymension have thrived over the past few days with no promise of continuity. In light of these, investors have turned to Rebel Satoshi’s $RBLZ, a new meme coin that has taken the crypto market by storm, raising close to $1.5 million during its presale. Let’s look at why TIA and DYM investors are excited about $RBLZ.

 

Rebel Satoshi Announces Launch Date as It Reaches the Last Presale Phase

Rebel Satoshi is one of the most anticipated meme coins on the market, thanks to its objective to bring real decentralization. Rebel Satoshi is inspired by Guy Fawkes and Satoshi Nakamoto and wants to bring about a revolution while the Rebel Satoshi revolt relies heavily on its governance token, $RBLZ

Rebel Satoshi has set the $RBLZ supply at 250 million and aims to increase the token’s market capitalization to $100 million. Rebel Satoshi has conducted many rounds of presales for the $RBLZ token as early adopters of Rebel Satoshi and $RBLZ are granted membership in the Rebellion Secret Council, which provides them with several platform privileges. 

The presale for the $RBLZ token has entered its last round, Recusants Round 5, with tokens priced at $0.024 each. Per top ICO experts, the overall price increase in the $RBLZ presale will be 150%, reaching $0.025. Following the presale, Rebel Satoshi plans to launch the $RBLZ token for trading in early March and as a result, analysts say $RBLZ is the best cryptocurrency to invest in right now.  

 

 

Price Prediction for Celestia: Will TIA Surge After Reaching New Milestone? 

Amid hype around its ecosystem, Celestia’s TIA token set an all-time high, surpassing $20. TIA achieved this feat on January 15 as this milestone follows the successful introduction of the blockchain’s mainnet beta at the end of October last year. Celestia’s path to this accomplishment was characterized by high user involvement, as indicated by the airdrop of TIA tokens to around 580,000 users.

Celestia has fallen in value since this announcement was made on January 15. On January 15, TIA was worth $19.02, falling by 3.73% to $18.31 on February 18. Despite this trend, there is a wide belief among experts that TIA will witness a bullish momentum in 2024 that will see its value rise to $39.88 by summer. This they have attributed to expansion opportunities in the Celestia ecosystem.

Conversely, some experts believe the recent struggles in the Celestia ecosystem will last longer and will result in the value of TIA falling even further to $12.36 by the beginning of March.

 

Key Dymension Validator Faces Difficulties: Will DYM Fall in February?

On February 6, it was announced that Chorus One, a majority validator at Dymension, encountered node difficulties as the Dymension mainnet launch faced increasing hurdles due to disagreements among its validators.

Chorus One, the ecosystem’s largest validator, has encountered node difficulties that have hampered its ability to properly participate in the consensus process. This is particularly problematic given that Chorus One controls 34.8% of the network’s voting power.

Since this announcement, Dymension has increased in value dramatically. The value of DYM rose from $4.899 on February 6 to $7.400 on February 16, representing a phenomenal 51.05% increase. The majority of Dymension experts have mentioned that it is likely to rise much higher in the next couple of weeks. This has led to predictions that DYM will rise to $28.654 by summer 2024.

Conversely, some experts are wary of investing in DYM due to recent signals from technical indicators which have made them hold a negative prediction for DYM. They have predicted that DYM will fall to $5.565 by the end of February. 

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram



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