Author: CryptoGap

Recent price action has led many in the crypto space to predict a meme coin super cycle, in which giants of the niche including Dogecoin and Pepe will rise to insane valuations. These gains, however, will pale in comparison to the incredible 1500x predicted for Rollblock (RBLK) gaming token, which has set its sights on disrupting the enormous $450 billion gambling industry. Let’s dig in! Dogecoin (DOGE) Runs Away From The Pack With 36% Musk Rally Dogecoin has been on fire lately, rising over 36% this month from $0.10 to $0.15 at the time of writing. This has come about…

Having a market capital value of $20.54 billion, Dogecoin (DOGE) is trading at $0.140259 as of October 2024. Thanks mostly to its devoted community and popular personalities like Elon Musk, this token has been known as a meme coin with great market effect. DOGE is currently nearing a turning point in its price path; the market is debating whether it will climb towards $0.30 or revert to $0.07. A Key Pattern: The Rounding Bottom A rounding bottom is one of the technical signals causing Dogecoin’s present momentum. Usually understood as the bottom of a downtrend, this pattern suggests that a…

New York City, United States, October 22nd, 2024, Chainwire In the latest twist in the ongoing intersection of technology, society, and culture, the enigmatic Marc Andreessen Truth Terminal has revealed a startling discovery: the “Memex.” This program, powered by advanced Large Language Models (LLMs), is designed not just to create memes but to deploy them strategically, with the capacity to shape and, potentially, take over key aspects of society. For years, memes have been seen as cultural artifacts, often dismissed as mere internet jokes or viral quirks. But the Memex, as discovered through the Truth Terminal’s exploration, takes the concept…

London, United Kingdom, October 22nd, 2024, Chainwire Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0, an evolution of the Aventus Network aimed at establishing a stronger foundation for long-term growth and value capture.  The update introduces several strategic initiatives designed to enhance network performance and stakeholder utility, including increasing transaction volume and overall network usage, expanding the ecosystem through successful partnerships with Layer 3 appchains, enhancing token holder engagement via a liquidity mining program, and reducing token supply via a burn mechanism.  The vision for Aventus 2.0 was developed…

An emerging cryptocurrency is capturing the attention of analysts who believe it could multiply investments by 4,587 times. This digital coin might outperform popular tokens like Dogecoin and Ripple. Could this be the next big thing in the crypto world? Uncover what makes this altcoin stand out and why it’s generating buzz among investors. CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts…

Within the rapidly evolving digital entertainment realm, a quiet revolution has been brewing for quite some time now — i.e. of Web3 gaming. Powered by the blockchain, this emerging paradigm has not only changed how individuals enjoy their favorite titles but fundamentally altered the relationship between players and how they interact with their in-game assets.  And, while from the outside looking in, the average person might view Web3 gaming as just another passing fad, its impact on the gaming industry has already been profound and far-reaching, with recent market research suggesting that this market — valued at approximately $5.41 billion…

Bitcoin (BTC) may be undergoing a small correctional phase, but its recent breakout of a 7-month bull flag has so far been successful. The $BTC price is holding above the top trendline of the bull flag, and once the current correction is complete a bounce could be forthcoming. ETFs, war, and global liquidity FOMO (fear of missing out) could be taking place among the institutions as the buying frenzy for the Spot Bitcoin ETFs continues apace. Yet another big net inflow day for the ETFs resulted with 4.31K BTC $297.6m being bought out of a dwindling market supply. The Blackrock…

Dubai, United Arab Emirates, October 22nd, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, captures the pulse of underlying currents of BTC options in its latest crypto derivatives report. The in-depth report offers a comprehensive view of BTC’s implied price volatility beneath the recent price surge in BTC spot prices on the surface.  The findings suggest the positive movements in BTC spot places did not translate directly to the derivatives market, and short-term volatility lurks as investors are now holding out for the U.S. election results before acting on the current bullish…

Hong Kong, Singapore, London, and Dubai, Global, October 22nd, 2024, Chainwire Scroll, the leading zero-knowledge rollup for Ethereum, announced the launch of its native token, $SCR today.  With the introduction of $SCR, Scroll recognizes its global community of contributors for their ongoing support and aims to provide everyone, everywhere with opportunities to participate in the decentralized future of Scroll.  $SCR will be distributed to Scroll contributors through thoughtfully designed allocations to maximize impact in creating opportunities for a decentralized global community. Initial distribution of $SCR will include an airdrop to participants who contributed to onchain activities, projects that have built…

Legal & General (L&G), a leading UK-based pension and investment management firm that oversees $1.5 trillion in assets, is preparing to enter the growing world of blockchain-based tokenization, following in the footsteps of other traditional finance leaders such as BlackRock, Franklin Templeton and Abrdn. UK Pensions Giant L&G Eyes Crypto Tokenization Tokenization refers to the process of representing traditional assets, such as money market funds backed by U.S. Treasuries, through blockchain-based tokens. The financial sector has increasingly embraced tokenization due to its potential to increase efficiency, reduce costs, and expand access to new groups of investors. BlackRock’s BUIDL fund on…