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AEVO recently released an update on its tokenomics, reflecting significant market changes and strategic shifts. This update includes halting the Trading Rewards campaign, initiating monthly token buybacks, and exploring new rewards for specific campaigns.   Quick Take  AEVO halts the Trading Rewards campaign, maintaining staking rewards at 100k $AEVO/week. Protocol revenues will fund monthly buybacks of at least 1 million AEVO tokens from July to December. Weekly buybacks will be conducted at random times to prevent market manipulation. Future prospects include the potential for reintroducing rewards for specific campaigns and product launches.   AEVO is a decentralized exchange focused on perpetual, options, and pre-launch trading, operating on the custom AEVO L2 built on Optimism. This hybrid model aims to deliver a high-performance trading experience with the transparency and security of decentralized settlement.   AEVO Tweaks Trading Rewards & Emissions Due to Market Downturn Over recent months, AEVO adjusted its trading rewards and emissions in response to varying market conditions. Initially, these changes aimed to boost engagement and trading volumes. However, the broader market downturn, particularly in altcoins, has led to decreased trading activity.   AEVO’s Trading Rewards campaign, which ran for four months, has concluded without renewal. Despite the end of this program, staking rewards will remain constant at 100k $AEVO per week. This decision aligns with the current market environment and AEVO’s strategic pivot towards stability.   Reintroducing Rewards for Specific Short-Term Campaigns AEVO’s Marketing and Growth Committee plans to reintroduce rewards for specific campaigns, such as new product launches and special events. These rewards will be short-term and not part of a multi-month program. This approach allows AEVO to remain agile and responsive to market conditions while continuing to engage its community.   AEVO Introduces Token Buybacks with Surplus Revenue  Source: Aevo Mirror    In line with the original $AEVO tokenomics approved by the DAO in AGP-1, AEVO will use part of its surplus revenue for token buybacks. This initiative aims to enhance value accrual for token holders by reducing the circulating supply of $AEVO.   Starting in July and continuing through December, AEVO commits to buying back at least 1 million AEVO tokens each month. These buybacks will occur on-chain weekly and at random times to prevent market manipulation. Transparency will be ensured by publishing the multisig wallet address used for these transactions, allowing public verification.   How Will Aevo’s Buybacks Work?  The DAO’s Treasury and Revenues Management Committee will handle the buybacks using a multisig wallet. The bought-back tokens will be sent to the main DAO Treasury. Future adjustments to tokenomics, such as token burns or new rewards programs, will require another vote by token holders. This approach underscores AEVO’s commitment to a transparent and community-driven governance model.   AEVO Slides From ATH of $4.46 Amid Volatility  AEVO/USDT price chart | Source: KuCoin    AEVO has experienced significant price volatility. In early 2024, AEVO reached an all-time high of $4.46 but later plummeted to $0.505 due to market downturns and increased selling pressure. The token's price decline necessitated strategic adjustments, including the now-concluded Trading Rewards campaign.   The recent decline in trading volumes and a weak altcoin market influenced AEVO's decision not to renew the Trading Rewards campaign. This decision followed multiple adjustments to the campaign without significant progress.   Despite recent challenges, AEVO has shown signs of recovery. Following a significant price drop, AEVO’s market cap surged by 13% to $429 million, and trading volume increased by 76%. The token is currently trading at $0.5098.   AEVO Price Prediction: 2024 High of $0.94?  While AEVO is showing steady gains, returning to its all-time high appears unlikely in the near term, according to analysis by Bankless Times. However, this could present a potential buying opportunity for long-term investors. Various indicators suggest a potential price increase in the coming weeks. Coindataflow predicts AEVO could reach $0.94 by the end of the year, with a potential range of $0.84 to $2.52 in 2025.   Conclusion AEVO’s tokenomics update reflects a strategic shift towards stability and value creation for token holders. By halting the Trading Rewards campaign and initiating significant buybacks, AEVO aims to strengthen its market position and enhance long-term value. With the potential reintroduction of targeted rewards, AEVO continues to adapt to market conditions while prioritizing transparency and community involvement.  

Solana has always been at the forefront of blockchain innovation. Recently, it has taken a giant leap by introducing 'Blinks' and 'Actions,' two groundbreaking features designed to integrate blockchain transactions directly into popular social media platforms and websites, according to a report from CoinDesk. This new development aims to make crypto trading more accessible and user-friendly.   Quick Take  'Blinks' and 'Actions' integrate blockchain transactions into social media and websites. These new features make memecoins and crypto trading more accessible. Users can trade directly from posts on platforms like X and Reddit. Phantom and Backpack will support these features immediately. What Are Solana ‘Blinks' and 'Actions'? 'Blinks' (a blend of 'blockchain' and 'link') and 'Actions' are designed to allow users to perform on-chain transactions directly from the websites and social platforms they use daily. Developed in collaboration with Dialect, these features are set to revolutionize how we interact with blockchain technology.   One of the main barriers to mainstream adoption of blockchain technology has been accessibility. Complicated wallet software and hard-to-navigate trading platforms have deterred newcomers. Solana's 'Blinks' and 'Actions' aim to address this issue by enabling seamless integration of blockchain transactions into everyday platforms.   How Do ‘Blinks’ and ‘Actions’ Work on Solana? According to the Solana Foundation, 'Actions' enable users to execute transactions across various platforms, including websites, social media, and even physical QR codes. This integration simplifies the process for developers to embed Solana's capabilities into their applications. Wallets like Phantom and Backpack will support these features from the start, and other platforms can integrate them following Solana's developer documentation.   Read more: How to Create a Phantom Wallet for the Solana Ecosystem   Social Media Integration According to a CoinDesk report, the integration of 'Actions' into social media is a game-changer. For instance, users can embed an 'Action' into a post on X (formerly Twitter), allowing followers to initiate transactions directly from the post. This could range from buying NFTs, tipping creators, to staking and swapping tokens.   Chris Osborn, founder of Dialect, emphasizes the potential: "From your X feed, you can buy an NFT, tip a creator, receive money, vote, stake, swap, and so much more."   Ensuring Security To ensure user safety, Solana has implemented a comprehensive security roadmap. Users can enable wallet support for 'Actions' and 'Blinks', which function similarly to connecting a wallet to decentralized applications (dApps). Initial transactions will prompt a standard "connect to site" prompt, and trusted domains will be whitelisted.   Web2 Integration: Solana vs. Base  Solana's approach with 'Blinks' and 'Actions' is not entirely unique. Platforms like Farcaster on Coinbase's Base blockchain offer similar functionalities, enabling users to embed direct links to blockchain assets in their posts. However, Solana's technology differentiates itself by plugging into existing Web2 social apps rather than creating standalone Web3 apps.   The potential for 'Actions' goes beyond social media. As Jon Wong, head of ecosystem engineering at the Solana Foundation, notes, this technology could disrupt how the web functions at its core. The goal is to make any website or application a distribution point for on-chain interactions.   Osborn is optimistic: "Delivering these actions into feeds like X, Reddit, maybe Discord soon – these other platforms where people want to have these Actions experiences – is just the beginning."   Read more: Solana vs. Ethereum: Which Is Better in 2024?   Memecoins Propel Solana Ecosystem’s Growth Solana has become the epicenter of the latest memecoin frenzy. From tokens inspired by internet memes to political figures, memecoins have taken the crypto world by storm. Notable mentions include Iggy Azalea's 'Mother' token ($MOTHER) and 'dogwifhat' ($WIF), which have seen significant market caps. Despite some skepticism, memecoins are pushing blockchains further into the mainstream.   SOL/USDT price chart | Source: KuCoin   According to Pantera Capital, Solana recorded over 60% of the new volume in decentralized exchanges in May 2024. This surge is a testament to Solana's growing strength in retail usage driven by memecoin activity.   Read more: Top Solana Memecoins to Watch in 2024   Conclusion Solana's introduction of 'Blinks' and 'Actions' marks a pivotal moment in blockchain technology, making it more accessible and integrated into everyday digital experiences. By addressing the accessibility challenges and enhancing security, Solana is paving the way for the mainstream adoption of blockchain technology.  

SEC Chair Gary Gensler recently discussed the smooth progression of the Spot Ethereum ETF approval process. Speaking at the Bloomberg Invest Summit, Gensler highlighted the ongoing work with issuers on their S-1 filings.   Quick Take  SEC Chair Gary Gensler has stated that the approval process for Spot Ethereum ETFs is progressing smoothly, with the agency working closely with issuers on their S-1 filings. VanEck has introduced a zero-fee structure for its Ethereum ETF until 2025 or until the fund’s assets reach $1.5 billion. Franklin Templeton plans a competitive 0.19% fee, highlighting a strategic approach to gain a competitive edge in the ETF market. Industry experts anticipate that the second crypto-based ETF in the U.S. will officially launch in July, following the successful approval process. SEC Readying for Official Spot Ethereum ETFs to Launch in July?  These filings must be approved before the investment products can begin trading. Many experts anticipate the second crypto-based ETF in the U.S. to officially launch in July.   During his appearance before the US Senate Appropriations Subcommittee on Financial Services, Gensler reiterated that individual issuers are progressing through the registration process smoothly. He envisions that the process will conclude over the summer, paving the way for the launch of these ETFs.   VanEck's Zero-Fee Strategy According to a report on Watcher Guru, VanEck has filed Form-8A for its spot Ethereum ETF, with many analysts predicting a July 2 launch. Interestingly, VanEck announced it would waive its ETF fees, a move aimed at gaining an early competitive edge. This zero-cost structure is set to last until 2025 or until the fund’s assets hit $1.5 billion, after which a 0.20% fee will be imposed.   Franklin Templeton and BlackRock's Fee Structures Franklin Templeton also disclosed its fee structure early, planning a 0.19% fee for its spot Ethereum ETF. Eric Balchunas, Bloomberg’s ETF analyst, noted that issuers rarely reveal their fees before launch. However, he emphasized the significance of BlackRock’s fee structure, which will likely set the standard for others.   Analysts Predict Ethereum ETFs May Underperform Bitcoin ETFs  Analysts from Bernstein and JPMorgan predict that Ethereum ETFs will see lower demand compared to Bitcoin ETFs. The absence of a staking feature in Ethereum ETFs is a contributing factor. Nonetheless, the approval of these ETFs is expected to attract significant inflows, potentially impacting the market positively.   ETH/USDT price chart | Source: KuCoin   Despite the recent pullback in crypto markets, the structural adoption cycle for Ethereum remains intact. The impending launch of spot Ethereum ETFs and ongoing institutional interest suggest a bright future for Ethereum. Analysts predict that the introduction of these ETFs could lead to significant market movements, potentially driving Ethereum’s price upward.   Inflation in Ethereum Supply Since The Merge Ethereum’s supply has seen an inflationary trend since The Merge in 2022, exacerbated by the Dencun upgrade in March. This upgrade introduced several Ethereum improvement proposals, including EIP-4844, which reduced fees for block data on Ethereum layer-2 networks but led to increased supply.   Conclusion The approval process for Spot Ethereum ETFs is progressing smoothly under SEC Chair Gary Gensler’s oversight. With anticipated launches in July, the market is poised for significant developments. VanEck’s strategic zero-fee initiative and Franklin Templeton’s competitive fee structure highlight the growing competition in the ETF space. While Ethereum ETFs are expected to see lower demand than their Bitcoin counterparts, the overall market sentiment remains positive. Investors and traders alike are eagerly watching these developments, anticipating their potential impact on the cryptocurrency market.  

Хомячок Комбат, самая популярная криптоигра с более чем 100 миллионами игроков, подтвердила планы по запуску своей токенов в июле. С запуском токенов игра также объявила о первой задаче для своей предстоящей кампании эйрдропа в выходные.    Краткий обзор Хомячок Комбат превзошел порог в 100 миллионов игроков, став одной из крупнейших игр в Telegram. Официальный канал игры в Telegram стал самым большим на платформе, благодаря спросу на Daily Combo. Запуск токена Хомячок Комбат в сети The Open Network (TON) запланирован на июль, ожидается эйрдроп. Игроки могут привязать свои кошельки TON и присоединиться к каналу Telegram для участия в эйрдропе. Игроки могут увеличить свой заработок, используя такие функции, как Daily Combo и Daily Cipher, выполняя определенные задачи и улучшая свои игровые карты. Предстоящий запуск токена Хомячок Команда Хомячок Комбат недавно объявила, что запуск токена в сети The Open Network (TON) запланирован на июль. Сообщество получит эйрдропы токенов Хомячок в честь их листинга на рынках на основе их активности в блокчейне, и пользователи смогут определить свою правомерность на пул поставок HMSTR.   ​​Хомячок Комбат в настоящее время взаимодействует со своим сообществом и, как ожидается, расширит концепцию игры-кликера на базе Telegram, подняв игру на новый уровень. Команда также упомянула свои планы на будущее, включая запуск коллекций NFT как часть дорожной карты.   Несколько ведущих централизованных бирж планируют внести Хомячок Комбат (HMSTR) в листинг, и KuCoin пре-маркет станет одной из первых платформ, на которых будет представлен проект.    Важность эйрдропа Хомячок Комбат Хомячок Комбат быстро стал самой горячей игрой в Telegram, и его широкая база игроков составляет около одной девятой от всей пользовательской базы Telegram и почти в три раза больше 35 миллионов игроков Notcoin, имевшихся до закрытия его «фазы добычи».   Предстоящий эйрдроп для игры Хомячок Комбат в Telegram вызывает значительное волнение среди игроков игры и широкого криптосообщества. Для игроков участие в эйрдропе означает, что они смогут максимизировать свои внутриигровые заработки и потенциально увидеть значительные доходы после того, как токены будут выставлены на продажу и станут доступными для торговли. Каждая выполненная задача из списка не только приближает игроков к получению эйрдропа Хомячок после запуска токена, но и дает им шанс заработать больше монет в игре.    Распространяя токены среди широкой аудитории, эйрдроп может увеличить принятие и использование Toncoin, укрепляя его ценность и полезность на рынке. Для экосистемы TON этот эйрдроп может привести к значительному росту вовлеченности пользователей и объема транзакций, подчеркивая способность сети поддерживать популярные приложения.   Узнайте больше об игре Хомячок Комбат и как в нее играть   Задачи для эйрдропа Хомячок: Привязать ваш TON кошелек Игроки теперь могут готовиться к предстоящему эйрдропу, выполняя определенные задачи. Выполнение этих задач сделает игроков имеющими право на эйрдроп после запуска токена Хомячок Комбат в июле. Первая задача включает в себя подключение их кошельков TON. Возможность привязать кошельки появилась в выходные. Игроки также могут присоединиться к каналу Telegram Хомячок Комбат, чтобы быть в курсе новых задач, как только они станут доступны.    Подробнее: Что такое Хомячок Комбат?      Чтобы привязать ваш TON кошелек к Хомячок Комбат, следуйте этим шагам:   Откройте бота Хомячок Комбат и перейдите к вкладке эйрдропа в правом нижнем углу. Нажмите на первую задачу и подключите ваш TON кошелек, например, Tonkeeper, чтобы участвовать в эйрдропе. Присоединитесь к каналу Telegram Хомячок Комбат, если вы еще этого не сделали. Следите за новыми задачами, перечисленными в этом разделе от разработчиков игры в ближайшие дни и недели. Стратегии в игре Максимизация вашего дохода в Хомячок Комбат включает не только выполнение задач эйрдропа. Игрокам следует сосредоточиться на увеличении своего внутриигрового заработка, улучшая свои карты. Эта стратегия поможет им накапливать больше ценности, когда токены можно будет обменять на рынке.   Существует несколько руководств, которые помогут игрокам оптимизировать их игровой процесс. Эти руководства могут значительно улучшить игровую производительность и потенциальный доход игрока. Использование таких функций, как Daily Combo и Daily Cipher, и выполнение определенных задач, значительно увеличат ваш заработок.   Узнайте как заработать больше монет Хомячка с помощью Daily Combo и Daily Cipher.    Огромный общественный интерес Общественный интерес к Хомячок Комбат беспрецедентен. С более чем 31 миллионом участников официальный канал игры в Telegram стал самым большим на платформе обмена сообщениями. Игроки очень вовлечены, с нетерпением ищут ежедневные комбо и коды шифров, которые могут заработать им миллионы бесплатных монет. Этот высокий уровень вовлеченности свидетельствует о привлекательной природе игры и энтузиазме сообщества.   Разработчики Хомячок Комбат выразили оптимизм относительно будущего игры с заработком и призвали игроков выполнить необходимые задачи, чтобы быть готовыми к эйрдропу и листингу. Многие члены сообщества Хомячок Комбат верят, что листинг и эйрдроп токенов Хомячок Комбат неизбежны.   Хомячок Комбат против Notcoin Хомячок Комбат и Notcoin оба достигли заметного успеха в Telegram, но Хомячок Комбат значительно опередил Notcoin. Хомячок Комбат набрал более 100 миллионов игроков, почти в три раза больше, чем у Notcoin на пике. На момент написания статьи токен Notcoin вырос более чем на 73% в цене с рыночной капитализацией чуть менее 2 миллиардов долларов. 2 июня цена NOT достигла исторического максимума (ATH) в $0.2896 перед тем как снизиться на фоне общих рыночных условий.    Ожидаемый запуск токена и эйрдроп для Хомячок Комбат ожидается превзойти достижения Notcoin, благодаря его огромной и очень вовлеченной базе игроков. Инновационные функции игры и поддержка сообщества позволяют предположить, что она может стать более влиятельной в пространстве криптоигр, чем игра Notcoin.    Заключение Быстрый рост популярности Хомячок Комбат и предстоящий запуск токена TON создали ажиотаж в криптомире. С более чем 100 миллионами игроков и значительным общественным интересом игра готовит к значительному воздействию. Предстоящий эйрдроп представляет собой выгодную возможность для игроков получить вознаграждения. По мере того как игра продолжает расти, игроки и инвесторы внимательно следят за ее развитием. Успех эйрдропа также может послужить примером для других проектов, желающих использовать экосистему TON для распределения токенов и построения сообщества. &

TapSwap is a popular tap-to-earn game on Telegram where players earn TAPS coins by tapping a digital icon and completing various in-game activities. Learn how to participate in the TapSwap airdrop by playing this popular Telegram game. Follow our step-by-step guide to get ready for the TAPS token launch.   Quick Take The TapSwap airdrop is expected to conclude by the end of the second quarter of 2024, with the TAPS token launch anticipated to take place in July 2024. Players can participate in the TAPS token airdrop by engaging in the game’s activities, with rewards based on performance. TapSwap encourages community engagement through referral bonuses and community-based tasks, enhancing the gaming experience and earning potential. TapSwap, a leading tap-to-earn game, has recently seen explosive growth, surpassing 50 million users globally. This guide will help you get started with TapSwap and show you how to participate in the upcoming TAPS token airdrop.   An Introduction to TapSwap Tap-to-Earn Game  TapSwap is a tap-to-earn game playable via a Telegram mini app. Players tap a gold coin at the center of the screen to earn points, limited by an “Energy” bar that refills over time. The game offers various tasks, boosts, and referral bonuses to enhance earning potential.   Read more: What Is TapSwap (TAPS)? All About the Viral Telegram Crypto Game   How to Play TapSwap on Telegram  Here’s a general overview of how you can play the TapSwap clicker game on Telegram:    Access the Game: Open the game in Telegram via the provided link. Earn Coins: Tap the screen to earn coins. Use them to buy improvements in the Boost tab. Complete Tasks: Earn additional coins by completing tasks such as joining TapSwap’s community or registering for a Binance exchange account. Referral Bonuses: Invite friends using your referral link to earn more coins. Use Boosts: Enhance tapping abilities with daily free boosters or purchase premium boosts for more coins. TapBot: Earn points passively with the TapBot by checking in every 12 hours to claim rewards. Read more: How to Mine Coins on TapSwap Telegram Crypto Game   TapSwap (TAPS) Token Launch As per a news report on Decrypt, the TAPS token launch was initially scheduled for May 30, 2024, but was postponed to July 1, 2024, to address bot-related issues and ensure fair token distribution. The TapSwap team is working on finalizing the tokenomics and plans to allocate a significant portion of all tokens to the community.   Why Participate in TapSwap Airdrop? Innovative Gameplay: Tap-to-earn mechanics and PvP battles make TapSwap engaging and fun. Lucrative Earning Opportunities: Multiple ways to earn points, including referrals, offer significant earning potential. Strong Community: An active community and regular updates ensure a dynamic and supportive environment. Who Is Eligible for the TapSwap (TAPS) Airdrop?  Anyone who actively participates in TapSwap's in-game activities is eligible for the TAPS token airdrop. This includes tapping to earn points, completing daily tasks and missions, referring friends to the game, and using in-game boosts strategically. The airdrop rewards are based on the player's performance and engagement within the game.    How to Prepare for the TAPS Airdrop: Connect TapSwap Dashboard to Wallet Before the TAPS token launch, you must connect your crypto wallet to the TapSwap dashboard to securely manage and withdraw the coins you mine on TapSwap. Follow these steps:   Log in to Your Dashboard: Access the dashboard through the link provided. Select Your Wallet: Choose from available wallets. Non-custodial wallets like MetaMask are recommended for better security. Connect to MetaMask: Click on the MetaMask option and log in using your password. Complete Registration: Enter your email and verification code. Sign in and connect your wallet. Confirm Connection: Your wallet address will be displayed. Disconnect if needed. Conclusion TapSwap is a notable addition to the Telegram gaming landscape, offering unique gameplay and various earning opportunities. Players can benefit from the airdrop by actively participating in the game's activities. However, it is important to remember that participating in airdrops and earning crypto carries risks, including the potential for fluctuating token values and the need to ensure the security of your digital assets. Always conduct thorough research and consider these risks before engaging in any crypto-related activities.   TapSwap Airdrop FAQs 1. When will the TAPS token launch?  The TAPS token is expected to launch in July 2024.   2. How do I become eligible for the TapSwap airdrop?  Participate in in-game tasks to increase your percentage of the token supply.   3. How can I stay updated on new airdrop tasks?  Join the TapSwap Telegram channel or follow their official X account for the latest updates.   4. What wallet types can I use to connect to TapSwap?  You can use any supported wallet, including non-custodial options like MetaMask. TapSwap also supports exchange wallets and offers extra rewards for connecting some exchange wallets.    5. Is it safe to connect my wallet to TapSwap?  Yes, ensure you use official links and avoid sharing private keys or passwords.

Learn how to participate in the Pixelverse airdrop by playing PixelTap, a popular web3 game in the Telegram mini-apps ecosystem. Follow our step-by-step guide to maximize your in-game earnings and get ready for the PIXFI token launch.   Quick Take The Pixelverse (PIXFI) airdrop is expected to happen sometime in late June ahead of the token generation event (TGE) in July 2024.  Players can participate in the PIXFI token airdrop by engaging in the game’s activities, with rewards based on performance in the fight feature. PixelTap encourages community engagement through referral bonuses and community-based tasks, enhancing the gaming experience and earning potential.   The Pixelverse (PIXFI) airdrop is expected to conclude by the end of the second quarter of 2024, which means it should be completed by the end of June. The PIXFI token launch is anticipated to take place in July 2024.    Pixelverse, the creator of Pixeltap, has recently raised $5.5 million in a seed round to expand its cyberpunk-themed game ecosystem. This guide will help you get started with PixelTap, the flagship game of Pixelverse, and show you how to participate in the upcoming PIXFI token airdrop.   What Is PixelTap by Pixelverse, Tap-to-Earn Telegram Game? PixelTap is a web3 game set in a cyberpunk universe, designed to be an expandable 2D world using AI and blockchain technology. Players can choose from four main robot characters and participate in various activities to earn in-game rewards. The game emphasizes social gaming with a low barrier to entry.   PixelTap's community-based tasks allow players to unlock new pets and features by:   Reaching follower milestones on Twitter and Discord. Participating in community events and challenges. Read more: PixelTap Daily Combo by Pixelverse Game: Tips to Know   All About the Pixelverse (PIXFI) Airdrop PixelTap is gearing up for the PIXFI token generation event in June, which includes airdrops for players. The more you win in the game, the higher the percentage of the token supply you will receive. Here's how you can join and maximize your earnings.   The airdrop is linked to the PIXFI Token Generation Event, expected in June. Players are rewarded based on their performance in the game's fight feature, with a higher percentage of the token supply allocated to top performers.   Why Participate in PixelTap Airdrop? Innovative Gameplay: The tap-to-earn mechanism and PvP battles make PixelTap engaging and fun. Lucrative Earning Opportunities: With multiple ways to earn points, including referrals, PixelTap offers significant earning potential. Strong Community: An active community and regular updates from the Pixelverse team ensure a dynamic and supportive environment. How to Connect PixelTap Dashboard to Wallet Connecting your wallet to the PixelTap dashboard in Pixelverse is essential for securely managing and withdrawing your in-game earnings, such as PIXFI tokens earned through battles, quests, and referrals. This connection enables seamless transactions and supports trading or holding tokens on supported exchanges once listed.    Additionally, using reputable wallets like MetaMask enhances security and protects your assets from unauthorized access. Furthermore, linking your wallet allows participation in staking activities and governance decisions within the Pixelverse ecosystem, offering additional rewards and a more active community role.    Follow these steps to connect your PixelTap dashboard to a crypto wallet:   Step 1: Log in to Your Dashboard Access the dashboard through the link provided in the description.     Step 2: Select Your Wallet Choose from available wallets. Non-custodial wallets like MetaMask are recommended for better security.     Step 3: Connect to MetaMask Click on the MetaMask option and log in using your password. Ensure MetaMask is already installed on your device.     Step 4: Complete Registration  Enter your email and the verification code sent to your email. Sign in and connect your wallet by following the prompts.   Step 5: Confirm Connection Once connected, your wallet address will be displayed. Disconnect by clicking the disconnect button if needed.     Connecting to an exchange wallet wallet may offer more PixelTap coins or points, but MetaMask is a secure option.   Conclusion PixelTap is an exciting addition to the Telegram gaming world, offering a clear roadmap, reputable team, and innovative gameplay. Join now to take advantage of the airdrop and earn rewards in the Pixelverse ecosystem.   Pixelverse Airdrop FAQs 1. When will the PIXFI token launch? The $PIXFI token is expected to launch in June.   2. How do I become eligible for the PixelTap airdrop? Participate in in-game tasks, especially the fight feature, to increase your percentage of the token supply.   3. How can I stay updated on new airdrop tasks? You can join the Pixelverse Telegram channel or follow their official X account for the latest updates.   4. What wallet types can I use to connect to PixelTap? You can use any supported wallet, including non-custodial options.   5. Is it safe to connect my wallet to PixelTap? Yes, ensure you use official links and avoid sharing private keys or passwords.

The long-anticipated repayment of $10 billion worth of Bitcoin to Mt. Gox creditors is set to begin in July. While many fear this could lead to a flood of Bitcoin hitting the market, analysts suggest the impact may not be as severe as expected.   Quick Take  Analysts predict the scheduled repayment of $10 billion worth of Bitcoin may not significantly impact prices. Experts believe much of the expected selling pressure from Mt. Gox repayments is already reflected in current market conditions. Many Mt. Gox creditors are long-term holders, less likely to sell immediately despite significant gains. Bitcoin is approaching crucial support levels, indicating potential stabilization or further declines. Mt. Gox, a Japanese cryptocurrency exchange, collapsed in 2014 after a massive hack. The exchange lost around 940,000 BTC, worth approximately $64 million at the time. Over the years, Mt. Gox recovered 141,687 BTC to return to its creditors, which is now valued at $10 billion. These repayments are scheduled to start in early July.   Read more: Bitcoin’s Price Plummets to $61,000: Key Factors Behind the Recent Decline   Analysts Expect Only Around 50% of the BTC to Hit Markets in July  Tony Sycamore, an analyst at IG Markets, estimates that around half of the total Bitcoin — worth roughly $5 billion — could be set to hit the market in July. However, Sycamore believes much of the expected sell pressure is already priced into the current market conditions. He points out that the repayments have been anticipated for a long time and are occurring amidst deteriorating market sentiment, technical selling, and outflows from Bitcoin ETFs.   Galaxy Research suggests that only 65,000 of the total 141,000 BTC might actually hit the market. The firm predicts that about 75% of creditors will opt for an early payout, sacrificing 10% of their repayment, resulting in an approximate 95,000 BTC hitting the market initially. Additionally, 20,000 BTC is owed to claims funds, and 10,000 BTC to Bitcoinica BK, leaving just 65,000 BTC for regular creditors.   Will Mt. Gox Creditors HODL Their Bitcoins?  Sam Callahan, senior analyst at Swan Bitcoin, believes the impact on Bitcoin's price from Mt. Gox distributing Bitcoin is likely overblown. He argues that creditors who wanted to sell their Bitcoin have had more than ten years to do so through selling their bankruptcy claims to more convicted, long-term investors. Callahan also highlights that most creditors will likely hold their Bitcoin because their cost basis is less than $700 per Bitcoin.   Despite the fears, some observers believe that the concerns about the sell pressure from Mt. Gox repayments may be overblown. Alistair Milne, CIO of Altana Digital Currency Fund, noted that distressed or urgent sellers likely sold their claims years ago. He suggests that the remaining creditors are not under pressure to sell immediately.   Bitcoin to Test Levels Between $55k and $75 Bitcoin has been consolidating within a descending parallel channel since its bull run in March 2024. Analysts are closely watching the psychological support level of $60,000 and the 200-day exponential moving average at around $58,000. Independent market analyst Teddy Cleps anticipates Bitcoin could slide towards $61,000, which aligns with historical support levels.   BTC/USDT price chart | Source: KuCoin   The announcement of Mt. Gox repayments has led to increased demand for short-term BTC put options, indicating renewed interest in downside protection. BTC's market dominance fell by 1.8% to 54.34%, reflecting investor apprehension about the potential impact of the repayments.    While Bitcoin's price continues to face downward pressure, some analysts remain optimistic. Michael Novogratz of Galaxy Digital Holdings predicts that Bitcoin will trade within the $55,000-75,000 range throughout Q2 2024, driven by new market events and regulatory clarity.   Read more: Bitcoin Price Prediction 2024   Conclusion The upcoming Mt. Gox repayments have stirred significant concern among Bitcoin investors. However, many analysts believe the impact may be less dramatic than feared. Much of the expected sell pressure appears to be already priced into the market, and many creditors are likely to hold their Bitcoin rather than sell immediately. As Bitcoin approaches crucial support levels, the market's reaction in the coming weeks will be critical in determining its short-term trajectory.  

In the past 24 hours, the cryptocurrency market has experienced a significant downturn. Major tokens, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Solana (SOL), have all seen sharp declines. This market slide has led to over $150 million in bullish bets being liquidated.   Quick Take Major cryptocurrencies experienced a sharp decline of up to 7.5% in the past 24 hours, affecting Bitcoin, Ethereum, Cardano, and Solana. Bitcoin's 3% price drop led to over $150 million in bullish bets being liquidated, causing widespread market concern. The decline is attributed to large sales from Bitcoin miners and the German government moving significant amounts of BTC to exchanges. Bitcoin prices are approaching critical support levels, indicating potential further declines if these levels are breached. Bitcoin Takes a Hit Bitcoin has been at the forefront of this downturn, losing 3% of its value. This decline has erased the gains made last week, causing concern among traders and investors. The drop in Bitcoin's price is attributed to several factors, including large sales from Bitcoin miners and the German government moving significant amounts of BTC to exchanges.   BTC/USDT price chart | Source: KuCoin   Altcoins Also Suffer Altcoins have not been spared in this downturn. Ethereum, Cardano, and Binance Coin (BNB) registered similar losses to Bitcoin. Solana's SOL dropped 7%, trading at nearly $120 on Monday morning. Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) also fell by nearly 5%.   Why Is Bitcoin Price Sliding Down?  Here’s a look at some of the key factors driving Bitcoin prices lower:    Sales from Bitcoin Miners: Bitcoin miners have been under pressure to sell due to higher breakeven prices post-halving. This has resulted in miner BTC holdings dropping to their lowest level in the past 14 years. Singapore-based QCP Capital highlighted that miner BTC reserves are lower by 50,000 from the start of the year. Miners have been selling due to the higher breakeven prices post-halving. QCP Capital noted that this has led to a significant drop in miner BTC holdings, contributing to the market decline. German Government's BTC Sales: The German government allegedly sold around 3,000 BTC recently, with plans to sell another 47,000. This large pool of supply entering the market has spooked investors, contributing to the market decline. The German Federal Criminal Police Office (BKA) moved tens of millions worth of BTC to exchanges like Coinbase and Kraken last week. This move has created additional downward pressure on the market. Whale Activities: Bitcoin whales, entities with large holdings of the coin, sold over $1 billion worth of BTC in the first two weeks of June. This activity has added to the market's bearish sentiment. Broader Market Sentiment: The overall market sentiment has been negatively impacted by these movements, causing a broader sell-off. The CoinDesk 20, which tracks major tokens minus stablecoins, slumped just over 4%. Impact on Liquidations: The market's sharp decline has resulted in significant liquidations. Over $150 million in bullish bets (long positions) were liquidated, while bearish bets (short positions) saw a smaller $9 million in losses. Liquidation occurs when an exchange forcefully closes a trader's leveraged position due to a loss of the trader's initial margin. Read more: MicroStrategy Buys 11,931 BTC More, Total Bitcoin Holdings Worth Around $15B   Is Bitcoin Getting Ready to Test Support at $60,000?  Bitcoin is now heading toward crucial support levels, including the psychological support level of $60,000 and the 200-day exponential moving average (200-day EMA) at around $58,000. Market analysts are closely watching these levels to gauge Bitcoin's next move.   Bitcoin Price Predictions: $50,000 or $75,000?  Market analysts have varying predictions for Bitcoin's price movement. Some believe Bitcoin may find support around the $60,000 level, while others predict further declines to $50,000. Independent market analyst Teddy Cleps anticipates a slide toward $61,000, citing historical support at the 21-weekly EMA.   Bitcoin price chart exhibits double top pattern | Source: 10x Research on X   Bullish Scenarios: Despite the current bearish sentiment, some analysts remain optimistic. Michael Novogratz of Galaxy Digital Holdings predicts that Bitcoin will trade within the $55,000-75,000 range throughout Q2 2024. He believes new market events could drive prices higher after the current stagnation.   Read more: Bitcoin Price Prediction 2024   Conclusion The recent market downturn has highlighted the volatility and sensitivity of the cryptocurrency market to large-scale movements and external factors. While Bitcoin and other major tokens have experienced significant declines, the market's next move will depend on how it reacts to key support levels and upcoming economic data. Investors and traders should remain cautious and closely monitor market developments in the coming days.  

Blast is an Ethereum Layer 2 (L2) solution designed to offer native yield for ETH and stablecoins. Blast has confirmed an airdrop for early users, offering early investors and users an opportunity to earn BLAST tokens.   Quick Take  Blast L2 lets users earn 4% interest on ETH and 5% on stablecoins, providing a significant advantage over other L2 solutions. Early users of Blast can earn and convert airdrop points and Blast Gold to BLAST tokens, enhancing user engagement. Blast has raised $20 million from prominent investors like Paradigm and Standard Crypto, ensuring strong financial backing. What Is Blast Ethereum L2 Network?  Unlike other L2s with a default interest rate of 0%, Blast stands out by providing a 4% interest rate for ETH and 5% for stablecoins. This unique feature, combined with a robust ecosystem and significant investor backing, positions Blast as a game-changer in the blockchain industry.    Blast’s integration with Dune enhances data accessibility. Users can generate dashboards and queries, exploring transaction volumes and smart contract interactions within the Blast network.   Read more: Top Crypto Projects in the Blast Layer-2 Network   All About the Blast Airdrop  Ethereum layer-2 scaling solution Blast is all set to launch its airdrop on June 26, 2024, To qualify, you need to bridge ETH or supported stablecoins (USDT, USDC, DAI) to the Blast Layer 2 network before the mainnet launch. Use an invite code to access the platform, connect your Twitter and Discord accounts, and engage with the Blast ecosystem.  When to Claim Blast Token Airdrop  June 25th: Deadline for dApps to ensure all Gold and Points are allocated to users. June 26th: Conversion of earned airdrop points and Blast Gold to BLAST tokens. How to Qualify for the Blast Airdrop  To qualify for the airdrop:   Log In to the Blast Dashboard: Ensure you log in at least once with your EOA and link any embedded EVM-compatible wallets, such as MetaMask. Secure Your Entitlement: This ensures your points and Gold holdings are accurately accounted for. How to Participate in Blast Airdrop  Here’s a step-by-step guide to help you maximize your airdrop rewards:   Visit the Blast Website: Start by visiting the official Blast website. Use an Invite Code: Enter an invite code to access the platform. Connect Your Wallet: Follow Blast on Twitter and Discord, then connect your web3 wallet. Bridge Your Assets: Transfer ETH or supported stablecoins (USDT, USDC, DAI) from the Ethereum network to Blast L2 using the bridge on the Blast platform. Ensure you have enough ETH to cover transaction fees.   Earn Points and Interest: Once your assets are bridged, you start earning Blast points based on the amount bridged and a 4% interest rate on ETH and 5% on stablecoins. Participate in the Early Access campaign for a 10x multiplier on points. Interact with dApps on Blast to earn Blast Gold. Participate in Multiplier Campaigns: Engage with highlighted dApps on Blast to earn multipliers that boost your points. Ensure all Privy wallets for dApps are linked to your Blast dashboard profile. Invite Friends: Use the referral system to invite friends. You earn additional points from their activity. Earn Blast Gold: Interact with dApps to earn Blast Gold, which can be converted to BLAST tokens along with your points on June 26th. Monitor Your Progress: Track your points and Blast Gold on the Blast dashboard. Engage with the platform regularly to maximize your rewards. Read more: How to Connect to Blast Mainnet   Remember to verify your transactions and check your balance within the Blast platform. Be cautious of phishing attempts and only interact with official channels to avoid scams.    Closing Thoughts  Blast is setting new standards in the blockchain ecosystem with its innovative yield offerings and robust user rewards. With substantial investor backing and a clear roadmap, Blast has the potential to redefine how users interact with L2 solutions.    While the opportunities to maximize earnings are enticing, it is essential to remember that all investments carry risks. Ensure that you thoroughly research and consider your risk tolerance before participating. Stay informed and make the most of what Blast has to offer by staying engaged and proactive.  

New data reveals that the daily average volume of Tether (USDT) on the TRON blockchain has surpassed that of Visa. Market intelligence firm Lookonchain reported that Tether's dollar-pegged digital asset over TRON reached a 24-hour trading volume of $53 billion. This figure represents a nearly 10% rise on the day. In contrast, Visa's average daily trading volume stood at $42 billion.   Quick Take  Tether's USDT reached a 24-hour trading volume of $53 billion on the TRON blockchain, exceeding Visa's average daily volume of $42 billion. Within the same 24-hour period, USDT on TRON recorded over 2 million transfers, marking a 5.14% increase. TRON has become the leading blockchain for USDT transactions, holding 53.7% of the token's market cap. TRON Leads in USDT Transactions, Accounts for Over 50% Market Cap  Among the many blockchains supporting USDT, TRON has emerged as the leader. Recent figures show that TRON commands $59.3 billion, or 53.7%, of USDT's (TRC-20) market cap as of Q1 2024. In contrast, Ethereum, which was previously the dominant chain for USDT (ERC-20), held $50.7 billion or 45.97% of USDT's Q1 market cap. TRON's rise is attributed to its lower costs and faster transaction speeds compared to Ethereum.   2 Million Transfers in One Day USDT transactions dominate on TRON network | Source: Lookonchain    Lookonchain’s chart highlights that USDT saw over 2 million transfers within the same 24-hour period, a 5.14% increase. This surge underscores the growing adoption and usage of stablecoins in the digital economy.   Tether Launches Gold-Backed Stablecoin aUSDT Tether recently announced the launch of a new gold-backed stablecoin with overcollateralized reserves, known as aUSDT. This digital asset will be backed by Tether Gold (XAUT), which is stored in physical gold reserves in Switzerland. Tether CEO Paolo Ardoino stated, “This innovative solution marks an exciting milestone, and we eagerly anticipate how it will interact with the rest of the market."   Stablecoin Regulation on the Rise in Key Markets  As stablecoin usage expands, governments are crafting regulatory frameworks to support their use while maintaining financial integrity. In the U.S., Senators Kirsten Gillibrand and Cynthia Lummis introduced the bipartisan Lummis-Gillibrand Payment Stablecoin Act, which aims to create a comprehensive regulatory framework for stablecoins. This legislation addresses issuance, redemption, and reserve mandates for stablecoin providers.   In the U.K., HM Treasury is advancing its stablecoin plans with Phase 1 of its regulatory strategy, focusing on issuing, custody, and using stablecoins. Firms involved in UK payment transactions using stablecoins will need to seek authorization as payment service providers and will be supervised by the Financial Conduct Authority.   How Will EU’s MiCA Regulations Affect Tether (USDT) Use?  The European Union’s Markets in Crypto Assets (MiCA) regulation, set to take full effect on June 30th, 2024, imposes stringent regulations on fiat-backed stablecoins and e-money tokens. MiCA's key provisions include a 1:1 backing of fiat-based stablecoins with liquid reserves and a prohibition on algorithmic stablecoins. Uphold, a New York-based crypto exchange, announced the delisting of six stablecoins, including USDT, in response to MiCA.   Conclusion The rising volume of USDT on the TRON network, surpassing Visa’s daily transaction volume, marks a significant milestone in the digital finance landscape. As stablecoins like USDT continue to grow in prominence, they offer a bridge between volatile digital assets and traditional fiat currencies. The introduction of new regulations globally aims to ensure the stability and integrity of these digital assets, further integrating them into the mainstream financial system.  

Tokenized financial assets, once a futuristic concept, are on track to reach a market size of about $2 trillion by 2030, according to McKinsey & Company analysts. Despite a slower than anticipated start, the firm projects a significant uptick in tokenization, potentially doubling this market size to $4 trillion in an optimistic scenario.   Quick Take  Tokenized financial assets could reach $2 trillion by 2030, with a bullish scenario of $4 trillion. Broad adoption remains distant due to the complexity of modernizing financial infrastructure. Cash and deposits, bonds, ETNs, mutual funds, and loans are expected to lead in tokenization. The Tokenization Landscape Tokenization involves creating a unique digital representation of an asset on a blockchain network. This process promises benefits such as enhanced transparency, programmability, and increased liquidity. While there has been progress, the adoption has been slow due to regulatory challenges and the need for financial infrastructure modernization.   Read more: The Rise of Real World Asset Tokenization (RWA): Unlocking Asset Liquidity   Industry outlook for tokenized assets | Source: McKinsey    McKinsey's report indicates that the first wave of adoption will likely focus on specific financial instruments like cash deposits, bonds, ETNs, mutual funds, and loans. These assets are expected to achieve significant tokenization by 2030, reaching a market capitalization of $100 billion.   Overcoming the Cold Start Problem Tokenization faces a "cold start problem," where initial adoption is slow due to limited liquidity and the need for valuable use cases. For example, while tokenized bonds are being issued regularly, their benefits over traditional bonds are minimal, and secondary trading remains scarce.   Tokenization adoption scale | Source: McKinsey    To overcome this, McKinsey suggests focusing on use cases where tokenization offers clear advantages over traditional systems, such as faster settlement times and greater liquidity. One promising area is tokenized bonds, which are already seeing billions of dollars in issuance but need more liquidity and mobility to truly take off.   Strategic Moves for Early Adopters Financial institutions that adopt tokenization early can gain a strategic advantage. These early movers can capture a larger market share, set industry standards, and benefit from increased efficiency. However, many institutions remain in a "wait and see" mode, hesitant to fully commit until the market shows clearer signs of adoption.   Read more: Top 5 Crypto Projects Tokenizing Real-world Assets (RWAs) in 2024   Indicators of Tipping Point McKinsey's analysts point out several indicators that will signal when tokenization has reached a tipping point:   Scalable Blockchains: Blockchains capable of handling trillions of dollars in transaction volume. Seamless Connectivity: Interoperability among different blockchain networks. Regulatory Clarity: Clear guidelines on data access and security. Widespread Adoption: Significant buy-side demand for tokenized assets. Future Prospects of Asset Tokenization  Despite the slow start, tokenization is moving from pilot projects to at-scale deployments. The benefits of tokenization, such as operational efficiencies, increased liquidity, and new revenue opportunities, are beginning to materialize. As these benefits become more apparent, the adoption of tokenization is expected to accelerate, particularly in asset classes like mutual funds, loans, and bonds.   Challenges and Opportunities The path to widespread tokenization is not without challenges. Modernizing financial infrastructure is complex, especially in a heavily regulated industry. There are also concerns about liquidity, regulatory compliance, and the interoperability of blockchain networks.   However, the potential rewards for overcoming these challenges are significant. Tokenization can transform how financial services operate, offering faster, more efficient transactions and greater access to global capital markets.   Conclusion As we approach 2030, the landscape of financial assets is poised for transformation. With a potential market size of $2 trillion, and up to $4 trillion in an optimistic scenario, tokenization offers a glimpse into the future of finance. Financial institutions that embrace this shift early on will be well-positioned to reap the benefits and lead the industry into a new era of digital finance.   Tokenization of financial assets is at a crucial juncture. While the road ahead is challenging, the potential benefits make it a compelling area for investment and innovation. Early adopters who navigate the complexities and lead the way in tokenization can gain a significant strategic advantage and shape the future of financial services.  

The UEFA European Championship, Euro 2024, hosted by Germany, is set to captivate football fans and crypto enthusiasts alike between June 14 and July 14, 2024. This year, the tournament has sparked a new wave of Euro Cup memecoins, blending the excitement of football with the crypto world. These trending Euro 2024 memecoins, inspired by teams and players, are quickly gaining traction.   Quick Take Yuro 2024 (YURO): Surged 317% in early June, now hovering around $5.4 million market cap. Euro Cup Inu (ECI): Combines football fandom and crypto betting with a deflationary token model. ENGLUND: Launched on Solana, tied to England's performance in Euro 2024. ALBART: Mascot-themed coin, gained 637% in just four days. Kane on SOL: Harry Kane-inspired coin, showing strong growth. Jood: Jude Bellingham-themed coin, supporting prostate cancer charity. Yuro 2024 (YURO): Euro Cup 2024’s Leading Memecoin YURO/USD price chart | Source: Coinmarketcap    One standout memecoin is Yuro 2024 (YURO), which was created in anticipation of the tournament. Solana-based memecoin YURO's value surged by 317% in early June, reaching a market cap of $5.4 million. The coin's popularity is driven by its active community and the hype surrounding Euro 2024. With each goal, yellow card, and match outcome, YURO's value fluctuates, creating an engaging and speculative investment opportunity for fans.   Euro Cup Inu (ECI): Dynamic Betting Platform for Euro 2024 ECI/USD price chart | Source: Coinmarketcap   As the excitement builds for the European Cup 2024, European Cup Inu (ECI) emerges as a thrilling opportunity for football fans and crypto enthusiasts alike. This unique crypto meme project based on The Open Network (TON) serves as both a mascot for the European Cup and a dynamic betting platform, allowing ECI token holders to place bets on their favorite European teams. Designed to be user-friendly and rewarding, the platform burns 3% of every bet amount in ECI, creating a deflationary effect and enhancing the token's value. With a secure, transparent system and a dedicated community, ECI stands out in the crypto space, offering a novel and engaging way to participate in the tournament.   ENGLUND: Betting on England's Success ENGLUND/USD price chart | Source: Coinmarketcap    ENGLUND is another memecoin to watch. Launched on June 9 on the Solana network, its value has ranged between $600,000 and $1.7 million. The coin's growth is closely tied to the performance of the England national team. As England is a favorite to win the tournament, positive results on the pitch could significantly boost ENGLUND's value.   ALBART: The Mascot Memecoin ALBART/USD price chart | Source: Coinmarketcap    ALBART, themed after the Euro 2024 mascot based on Solana, has also gained attention. Starting at $0.004451 on May 28, ALBART's value skyrocketed by 637% in just four days. This coin leverages the mascot's popularity and the excitement of the upcoming tournament to attract investors.   Player-Themed Memecoins: Kane on SOL and Jood KANE/USD price chart | Source: Coinmarketcap    Kane on SOL, inspired by England's star striker Harry Kane, has shown promising growth. This coin appeals to both football fans and crypto enthusiasts who are eager to capitalize on Kane's performance in the tournament.   JOOD/USD price chart | Source: Coinmarketcap    Jood, named after Jude Bellingham, another star player, is also gaining traction within the Solana ecosystem. This coin has a charitable aspect, with donations being made to prostate cancer research as its market cap increases. Jood's unique blend of charity and investment makes it a notable contender in the memecoin market.   The Impact of Memecoins on Euro 2024 Memecoins are not just about speculation; they represent a cultural shift in how fans engage with sports events. The fusion of football and cryptocurrency offers fans a new way to participate in the excitement of Euro 2024. These coins allow fans to support their favorite teams and players financially, creating a deeper connection with the tournament.   Why Are Memecoins Thriving? Several factors contribute to the success of these memecoins:   Community Engagement: Memecoins thrive on social media hype and community support. Platforms like Telegram and Twitter are abuzz with discussions about these coins, driving their popularity. Speculative Appeal: Just like traditional sports betting, investing in memecoins provides a thrill for speculators. The volatility of these coins makes them an attractive option for those looking to make quick profits. In the prediction markets, they also offer potential profit-making opportunities as they offer holders to use them to place bets on certain teams or players.  Integration with Sports Events: By tying their value to real-world events like Euro 2024, these coins create a unique investment opportunity. The performance of teams and players directly impacts the coins' values, adding a layer of excitement. Accessibility: Memecoins are easy to buy and trade, making them accessible to a wide audience. The low entry barriers encourage more people to participate. The Future of Memecoins As Euro 2024 progresses, the memecoin market is expected to remain highly dynamic. New coins will likely emerge, inspired by various teams and players. The success of these coins could pave the way for similar trends in future sports events, such as the Olympics or the World Cup.   For investors, it's crucial to approach memecoins with caution. While they offer the potential for high returns, they are also highly volatile and speculative. It's essential to do thorough research and only invest what you can afford to lose.   Read more: Best Memecoins to Know in 2024   Conclusion Euro 2024 has brought excitement to the memecoin market. Coins like Yuro 2024, ECI, ENGLUND, ALBART, Kane on SOL, and Jood are leading the way, offering football fans and crypto enthusiasts a new way to engage with the tournament. As the games progress, the performance of these memecoins will be closely watched, providing both thrills and opportunities for investors. However, it’s important to remember the volatile nature of these investments and proceed with caution.  

MicroStrategy, a Nasdaq-listed software firm, has made waves again by acquiring an additional 11,931 Bitcoin (BTC) for $786 million. This purchase boosts their total holdings to 226,331 BTC, valued at just under $15 billion at current prices. Michael Saylor, the company's Executive Chairman, continues to lead the charge in Bitcoin accumulation, having begun this strategic move in 2020.   Quick Take  MicroStrategy acquires 11,931 BTC for $786 million, bringing its total holdings to 226,331 BTC worth nearly $15 billion. Winklevoss twins donate $2 million in Bitcoin to support Donald Trump, highlighting the intersection of crypto and politics. Institutional interest in Bitcoin is growing, with analysts predicting prices could reach $100,000. MicroStrategy’s Bold Move: Adding 11,931 BTC MicroStrategy's latest purchase price averaged $36,798 per Bitcoin. This follows an $800 million convertible note offering to institutional investors. Initially set at $500 million, the offering size increased due to high demand, finally closing at $800 million. Earlier, in March, the company acquired 9,245 BTC for $623 million through a similar debt issuance.   Saylor's strategy aims to encourage other corporations to adopt Bitcoin as a reserve asset. While a few companies have added Bitcoin to their balance sheets, the most notable is Semler Scientific (SMLR). Recently, Semler not only acquired Bitcoin but also tapped capital markets to purchase more, echoing MicroStrategy's approach.   Read more: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview   Market Reactions and MSTR Share Performance MSTR stock price | Source: TradingView    Since MicroStrategy started buying Bitcoin, its shares have soared nearly tenfold. Semler's shares have also risen by over 60% since their first Bitcoin acquisition in late May. Recently, brokerage firm Bernstein set a $2,890 price target for MicroStrategy shares, giving them an outperform rating. Currently, MSTR is trading at $1,507, up 2% premarket.   Winklevoss Twins Donate $2 Million in Bitcoin to Support Donald Trump In a notable development, cryptocurrency billionaires Tyler and Cameron Winklevoss have each donated $1 million worth of Bitcoin to support Donald Trump’s 2024 campaign. This significant contribution highlights their alignment with Trump's pro-crypto stance. Tyler Winklevoss expressed his support, citing Trump's favorable policies towards Bitcoin, crypto, and business.   The donations are intended for the Trump 47 Committee, a joint fundraising committee. The Winklevoss twins' support marks a shift in Trump’s position on cryptocurrencies. Once a skeptic, Trump has embraced Bitcoin, positioning it as a defense against Central Bank Digital Currencies (CBDCs). This support from influential crypto figures like the Winklevoss twins underscores the growing intersection of cryptocurrency and politics.   Bitcoin Miners Diversify Into Trending Sectors Bitcoin miners are increasingly diversifying into the booming artificial intelligence (AI) sector. The transition is driven by reduced mining rewards and the high demand for energy-intensive data centers by AI firms. This shift reflects miners’ efforts to boost revenue through new channels.   Bitcoin Trades Around $65,000, Analysts Prediction $100,000 BTC/USDT price chart | Source: KuCoin    Bitcoin, trading around $65,715, has seen a slight increase, sparking cautious optimism. Notably, a crypto whale recently bought 6,070 BTC worth approximately $395 million, marking their first significant purchase in over 18 months. This whale's strategic buys and sells in previous market cycles indicate renewed faith in Bitcoin’s future.   Crypto analysts remain optimistic about Bitcoin's trajectory, with some forecasting a rise to $100,000. Ali Martinez notes that over 70% of open Bitcoin positions on Binance are bullish. Another analyst, Jelle, highlights Bitcoin's support levels and suggests that a bounce could propel the price to $72,000 soon, setting the stage for a potential climb to $100,000.   Increasing Institutional Interest in BTC  Institutional investors are increasingly eyeing Bitcoin, signaling broader acceptance and integration into mainstream finance. According to CoinCodex, Bitcoin's price could rise by 30% to over $85,000 in July, despite current bearish technical indicators. This potential disconnect between market sentiment and price action underscores the complex dynamics at play.   Bitcoin Faces Selling Pressures in the Short-Term Despite bullish Bitcoin price predictions, some traders and analysts point out challenges. CryptoQuant's data shows significant selling by long-term holders and miners, with over $1.2 billion worth of BTC sold in the past two weeks. This selling pressure, coupled with stablecoin liquidity slowing, indicates some hesitance among large holders.   Spot Bitcoin ETF Performance Expectations for a rate cut in September | Source: CME FedWatch    U.S.-listed Bitcoin ETFs have seen net outflows, with $600 million withdrawn last week. The CME FedWatch Tool shows a 35.9% chance of the Fed maintaining interest rates in September, affecting Bitcoin demand.   Future Outlook Despite recent price dips and selling pressures, Bitcoin's long-term outlook remains positive. Institutional interest, strategic corporate purchases, and bullish analyst predictions suggest a potential for significant price gains. As market dynamics evolve, Bitcoin's role as a reserve asset and investment vehicle continues to grow.   Conclusion MicroStrategy's latest Bitcoin purchase underscores the company's commitment to Bitcoin as a strategic asset. This move, along with bullish market sentiment and growing institutional interest, paints a promising picture for Bitcoin's future. However, market watchers should stay alert to potential challenges and shifts in investor behavior.  

3iQ, a leading Canadian investment fund manager, has taken a significant step in the digital asset investment space. The company announced today that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch North America's first publicly traded Solana exchange-traded product (ETP). This new fund, called the Solana Fund, will trade under the ticker QSOL, pending approval by the OSC.   Quick Take  3iQ, a leading Canadian investment fund manager, has filed a prospectus with the Ontario Securities Commission (OSC) to launch the first publicly traded Solana ETP in North America. The Solana Fund, trading under the ticker QSOL, will be listed on the Toronto Stock Exchange (TSX). The fund will offer investors exposure to both the price movements of Solana and the staking yield generated by the Solana network A New Era for Solana Investors The Solana Fund aims to provide investors with easy exposure to Solana (SOL) without the technical complexities of direct investment. In addition to tracking the price movements of SOL, the fund will also offer exposure to the staking yield generated by the Solana network. This feature allows investors to benefit from both price appreciation and staking rewards.   Greg Benhaim, Executive Vice President of Product and Head of Trading at 3iQ, expressed the company's vision in a release: “3iQ seeks to set a global standard of excellence, and we’re proud to work closely with the OSC to responsibly enhance the digital asset investment landscape in Canada.”   “As pioneers in digital asset investment management, we look forward to continuing our mission to deliver regulated investment vehicles. We embody the highest standards and work with best-in-class partners for individual and institutional investors to efficiently access the growing crypto asset class,” Benhaim continued.   3iQ has a track record of pioneering digital asset investment products. It was among the first fund managers to list a Bitcoin fund, the Bitcoin Fund, on the Toronto Stock Exchange (TSX). It also launched the first publicly listed Ether fund in Toronto. The company's move to support Solana adds to its reputation for innovation in the crypto investment space.   Solana Fund will Support Staking-Enabled Investment The Solana Fund will follow the model of 3iQ's existing Ether ETPs by enabling staking. This means that the fund will stake SOL to earn rewards, which will be passed on to investors. Christopher Matta, a Strategic Advisor to 3iQ, highlighted this innovative approach in a phone interview with CoinDesk: “Our goal is to continue pushing the envelope and maintaining Canada as an innovation hub. The Solana ETP will have staking enabled, allowing us to pass through the yield to investors.”   Read more: BlackRock Eyes Solana ETF: A Game-Changer for Crypto Adoption   Solana's Growing Market Presence Solana, with a market cap of $61 billion, is the fifth-largest cryptocurrency, trailing only Bitcoin (BTC), Ethereum (ETH), the dollar-pegged Tether (USDT), and Binance Coin (BNB). The launch of the Solana Fund marks a significant milestone for the cryptocurrency, highlighting its growing importance in the digital asset ecosystem.   The fund's listing on the TSX will provide investors with a regulated and convenient way to gain exposure to Solana. “The Solana Fund offers easy exposure to SOL without technical complexity,” 3iQ stated. This move aligns with the company's strategy to make digital asset investment accessible and straightforward.   Canadian Innovation Leads the Way Canada has been at the forefront of crypto ETP innovation. The country had spot Bitcoin ETFs and spot Ethereum ETFs before the U.S. even introduced futures ETFs for these assets. Bloomberg analyst James Seyffart noted this trend, highlighting that Solana funds are already established in other parts of the world. “You guys would be stunned to realize we already have over $1 billion in Solana ETPs elsewhere in the world,” he tweeted.   Standard Chartered, a British multinational bank, has also predicted that Solana and XRP would be the next cryptocurrencies to receive ETF approval from the U.S. Securities and Exchange Commission (SEC). Geoffrey Kendrick, Standard Chartered’s head of crypto research, pointed out the similarities in core technology between Solana, XRP, and Ethereum, suggesting that SEC approval could be imminent.   Solana's Network Activity Surge Solana has been experiencing a resurgence in network activity. Since the beginning of the year, the network has seen a massive increase in transactions. The 7-day average of non-voting transactions recently reached a two-year high of 38.37 million. Daily transactions have consistently hovered near 40 million since June began, indicating significant network usage.   Solana DeFi TVL | Source: DefiLlama    On June 12th, Solana witnessed its third-highest day ever in terms of active accounts, with over 1.23 million unique wallets interacting with the network. The DeFi sector on Solana is also thriving, with the total value locked (TVL) in Solana DeFi projects remaining comfortably above $4 billion, according to DefiLlama.   Solana Market Sentiment Failed to Pick Up  Despite the positive developments, Solana faces challenges on the social front. Social volume around Solana has fallen, and the weighted sentiment has also declined, indicating an increase in negative comments compared to positive ones. This waning interest on social platforms could hinder Solana's potential growth in the long run.   SOL/USDT price chart | Source: KuCoin   At the time of writing, Solana trades around $132, down over 10% for the week. However, as the fifth largest crypto, Solana enjoys a market cap of over $61 billion with a market dominance of 2.7%.    Conclusion The launch of the Solana Fund by 3iQ marks a significant milestone in the digital asset investment landscape. It provides investors with a regulated and straightforward way to gain exposure to Solana, combining price movements and staking rewards. As Canada continues to lead in crypto ETP innovation, the Solana Fund represents the latest step in making digital asset investment accessible to a broader audience.  

The crypto world is buzzing with rumors about a new meme coin called TrumpCoin, also known as DJT. Allegations have surfaced that Barron Trump, with the approval of his father, Donald Trump, is behind this Solana-based memecoin. This claim has come from none other than Martin Shkreli, a controversial figure known as “Pharma Bro,” who recently spent over six years in prison for securities fraud.   Quick Take  Shkreli claims Barron Trump launched TrumpCoin (DJT) with his father’s approval, and he holds the private keys to its smart contract. The Solana-based DJT token has surged in value, now worth $146 million, according to Birdseye data. Neither Barron Trump nor his representatives have issued any statements to confirm or deny Shkreli's claims. hkreli insists that DJT was approved by Donald Trump, and he claims to have proof of this approval. The crypto community remains skeptical, with Arkham Intelligence offering a $150,000 bounty to definitively identify the creator of DJT. The DJT Token's Market Performance Despite the lack of confirmation from the Trump camp, DJT has seen significant market activity. According to CoinGecko, the token is trading around $0.01, with a market cap of $112 million. Its rise has been attributed to speculative trading and the power of the Trump name, although many in the community remain wary of its legitimacy.   ‘Pharma Bro’ Martin Shkreli's Involvement and Allegations According to Shkreli, Barron Trump approached him in April to launch the token, which has since soared to an ATH (all-time high) valuation of $146 million, as reported by Birdseye data. However, neither Barron Trump nor his representatives have issued any public statements confirming or denying these claims.   In an X Spaces session hosted by Mario Nawfal, Shkreli detailed his involvement, stating he only provided advice and did not directly launch the token. He claimed Barron Trump holds the private keys to the smart contract and alleged that cryptocurrency influencer “Ansem” was also part of the project.   Shkreli's claims extend further, suggesting that Donald Trump not only knew about the DJT token but also approved it. He insisted he had “receipts” of Barron Trump indicating his father’s approval. During the session, Shkreli attempted to substantiate his claims by involving a teenager known as "Mongolian Prince," who corroborated that Barron Trump had the private keys.   Who Is Martin Shkreli? Martin Shkreli, often dubbed "Pharma Bro," is a former pharmaceutical executive infamous for drastically raising the price of a life-saving drug. In 2017, he was convicted on two counts of securities fraud and one count of conspiracy, leading to over six years in prison and over $70 million in fines. His controversial past and flamboyant personality have made him a notorious figure, and his involvement in the DJT memecoin story has only added to his infamy.   Skepticism and Controversy Surrounding $DJT Memecoin The crypto community's reaction has been mixed. Some believe Shkreli’s account, while others dismiss it as another one of his controversial stunts. Adam Cochran of Cinneamhain Ventures accused Shkreli of attempting to shift blame to Barron Trump to clear his own name. Shkreli’s past convictions for securities fraud add to the skepticism surrounding his claims.   Adding to the intrigue, Shkreli mentioned that Donald Trump had been in talks with the crypto exchange Kraken about potentially listing DJT. When contacted, Kraken did not provide an immediate response.   Claims and Denials Martin Shkreli’s bold assertions have stirred the crypto world, but without concrete evidence, many remain unconvinced. While Shkreli claims to have proof of Barron Trump’s involvement, his past and the lack of a public statement from the Trumps cast doubt on the entire narrative.   A Celebrity Token or a Pump-and-Dump? The DJT token’s sudden surge and the high-profile names associated with it have drawn comparisons to previous celebrity-endorsed crypto ventures, many of which ended in pump-and-dump schemes. The speculative nature of memecoins and the volatile history of tokens linked to famous personalities have led to caution among investors.   Conclusion The story of TrumpCoin (DJT) and Martin Shkreli's involvement is filled with intrigue, claims, and counterclaims. While Shkreli insists on the legitimacy of the token and Barron Trump's role, the lack of concrete evidence and official statements leaves the truth in a gray area. As with many stories in the crypto world, only time will tell the true origins and future of DJT. Read more: Trending PolitiFi Memecoins to Watch in June 2024

Fetch.ai (FET) spearheaded a significant rally among AI-related cryptocurrencies, witnessing a rise of over 25%. This surge comes on the heels of Nvidia becoming the world's most valuable company, which has significantly influenced AI token markets.   Quick Take ​​FET price jumps by 25.39%, marking the largest gain among major AI-related tokens. Bittensor (TAO) rises by 19%, and Render (RNDR) sees a 13% increase, indicating a broader interest in AI tokens. Nvidia’s milestone as the world's most valuable company significantly boosts AI crypto interest, driving market activity. Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) to merge into the Artificial Superintelligence Alliance (ASI) on July 15, creating uncertainty for current FET investors. Fetch.ai (FET) Takes the Lead in Price Surge  FET/USDT price chart | Source: KuCoin    In the last 24 hours, Fetch.ai (FET) has experienced a notable 25.39% increase. This rise marks the largest gain among major AI-related tokens, based on data from CoinGecko. Following close behind, Bittensor (TAO) climbed over 19%, while Render (RNDR) saw a 13% rise. NEAR Protocol (NEAR) and Internet Computer (ICP) also showed gains, though less than 10%.   Fetch.ai (FET) investors face an uncertain future. The token will soon be part of the Artificial Superintelligence Alliance (ASI) through a merger with SingularityNET (AGIX) and Ocean Protocol (OCEAN). This merger is set to dissolve the individual tokens, creating ASI.   ASI: FET, AGIX, OCEAN Merger Details and Date The merger between Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) is scheduled for July 15. This significant event will see the formation of the Artificial Superintelligence Alliance (ASI). Starting July 16, users can begin swapping FET for ASI, with AGIX and OCEAN following suit two days after the merger completes.   Read more: Top 15 AI Crypto Coins to Watch in 2024   AI: The Hottest Sector According to Edward Wilson, an analyst at Nansen.ai, the AI sector is currently the hottest corner in both traditional and crypto markets. Wilson highlighted that Nvidia’s new status as the most valuable company has boosted interest in AI tokens. Nvidia’s share price reached an all-time high of over $136, driving this recent crypto rally.   Despite the excitement, some experts urge caution. Sergei Gorev, Risk Manager at YouHodler, emphasized the need for clarity amid the AI hype. He pointed out that market overreactions are common, citing past trends with 3D printers and electric vehicles. Gorev's comments suggest that while the AI narrative is compelling, investors should tread carefully.   Read more: Top AI Crypto Projects Across Leading Sectors in 2024   FET Technical Outlook  Fetch.ai’s price, currently at $1.2, is expected to consolidate within the $1.0 to $1.7 range. These levels have historically acted as support and resistance. Until the ASI formation in July, FET is likely to remain within these bounds.   The recent rally has not fully convinced FET investors. Despite the gains, FET’s price dropped from $2.2 to $1.2, affecting investor sentiment. Although some signs of HODLing are present, the overall outlook remains bearish-neutral.   Other AI Cryptos in Focus The AI crypto sector, with a total market cap of $28.5 billion and a trading volume of $1.6 billion, continues to draw attention. Notably, Synesis One (SNS), enqAI (ENQAI), and Chripley (CHRP) have shown significant gains.   Synesis One (SNS): Gained 30% in the last 24 hours, now trading at $0.024. enqAI (ENQAI): Rose 24%, currently priced at $0.027. Chirpley (CHRP): Achieved a 23% gain, now valued at $0.010. Conclusion While the recent AI crypto rally, led by Fetch.ai, presents promising gains, investors should be mindful of the volatility and underlying market sentiments. The upcoming merger into ASI adds another layer of uncertainty for FET holders. As always, careful consideration and staying informed are key to navigating these dynamic markets.  

Bitwise Asset Management has made a significant stride in the cryptocurrency space. The firm has proposed a new Ethereum exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC). This move aims to provide investors with direct exposure to Ethereum, reflecting Bitwise's confidence in the digital asset's future.   Quick Take Bitwise has submitted a proposal to the SEC for an Ethereum ETF, reflecting confidence in Ethereum's potential and aiming to provide investors with direct exposure to the cryptocurrency. Pantera Capital plans to invest $100 million in shares once the SEC approves the trading of Ethereum ETFs, highlighting strong institutional interest and support. Bitwise has already secured $2.5 million in seed capital for the ETF, a crucial step typically provided by institutional investors before launching an ETF. The fund will be backed by Coinbase Custody Trust Company and BitGo Trust Company, ensuring the security and integrity of the ETF with reputable custodians. Details of the Bitwise ETF According to a report on Decrypt, Bitwise’s proposed ETF will follow a market-cap-weighted strategy. Ethereum will be the primary asset in this fund, giving investors targeted exposure to this leading cryptocurrency. The ETF’s structure is designed to accurately represent the broader cryptocurrency market, mirroring the distribution seen in the Nasdaq Crypto Index.   ETH/USDT price | Source: KuCoin    Pantera Capital Management LP has expressed its intention to invest $100 million in equivalent shares once the SEC approves the trading of Ethereum ETFs. This significant interest underscores the confidence of major institutional investors in Ethereum’s potential. Bitwise has already secured $2.5 million in seed capital for the ETF. Seed capital is a crucial step before the launch of an ETF, typically provided by institutional investors.   To ensure the security of the ETF, Bitwise has partnered with Coinbase Custody Trust Company and BitGo Trust Company. These custodians will back the fund and maintain cash reserves, adding an extra layer of safety for investors.   Favorable Regulatory Environment The timing of this proposal is strategic, given the favorable regulatory environment. The SEC has recently approved Ethereum ETFs in the U.S. market and dropped its investigation into ETH’s status as a security. SEC Chair Gary Gensler's recent comments to a Senate committee suggest that Ethereum ETFs might start trading as early as this summer.   The SEC's recent decision to end its investigation into "Ethereum 2.0" marks a significant regulatory milestone. This decision means the SEC will not pursue charges alleging that sales of ETH are securities transactions. This favorable regulatory environment is crucial for the success and mainstream acceptance of Ethereum ETFs.   Competitor Activity Competitors like BlackRock are also making moves in the Ethereum ETF space. BlackRock secured $10 million in seed capital for its iShares Ethereum Trust (ETHA) at the end of May. This competitive activity highlights the growing interest and investment in Ethereum ETFs.   Hashdex's ETF Proposal In addition to Bitwise, Hashdex has also submitted a proposal for a new ETF combining Bitcoin and Ethereum. Named Hashdex Nasdaq Crypto Index US ETF, this fund aims to offer investors exposure to the two most prominent cryptocurrencies. The ETF will mirror the distribution in the Nasdaq Crypto Index, with Bitcoin and Ethereum accounting for approximately 70.54% and 29.46% of the fund, respectively. This initiative represents a significant step towards integrating digital assets into conventional financial instruments, potentially expanding the accessibility of cryptocurrencies to a broader range of investors.   Market Conditions and Investor Flexibility The revised Bitwise filing indicated that while interest from investors like Pantera Capital is significant, it is not a legal commitment. Market conditions will ultimately determine the final investment amounts. Additionally, if Pantera Capital purchases the shares as promised, they cannot trade them in any open market during a six-month lock-up period following the purchase. These shares can only be disposed of through redemption or transactions with authorized organizations.   Conclusion Bitwise's proposal for an Ethereum ETF is a bold and promising move. It reflects the growing acceptance of digital assets and the potential for their integration into mainstream financial markets. With the support of strong custodians and a favorable regulatory climate, this ETF could open new avenues for investors and further legitimize Ethereum as a valuable investment class.   The crypto community is keenly watching the SEC’s reaction to the new ETFs and their launch in the market. The approval of Bitwise and Hashdex ETFs could pave the way for more innovative financial products and further the integration of digital assets into the global financial system.    Read more: Best Ethereum ETFs to Watch in 2024

LayerZero Foundation is making waves in the crypto world with the launch of its highly anticipated ZRO token airdrop. Starting today, June 20, at 7 a.m. ET, eligible participants can claim their tokens, marking a significant milestone for the cross-chain interoperability platform.   Quick Take  The highly anticipated ZRO token airdrop begins on June 20 at 7 a.m. ET, allowing eligible participants to start claiming their tokens. The airdrop eligibility checker is live, so users can check if they can claim ZRO airdrops.  The ZRO token has a fixed total supply of 1 billion. Of this, 38.3% is allocated to users, developers, and community members, emphasizing the foundation’s commitment to rewarding its ecosystem. To ensure a fair distribution, LayerZero has implemented stringent anti-Sybil measures. These include self-reporting, bounty-hunting, and collaboration with on-chain security firms to prevent Sybil attackers from unfairly claiming tokens. A significant portion of the ZRO supply, 32.2%, is allocated to strategic partners, while 25.5% is reserved for core contributors. Both allocations are subject to a three-year vesting period, ensuring long-term commitment and stability within the LayerZero ecosystem. What Is LayerZero (ZRO)?  LayerZero is a groundbreaking protocol enabling seamless cross-chain communication without a third party. The company gained prominence with a $120 million Series B funding round, valuing it at $3 billion. LayerZero’s innovative approach and significant community engagement make its ZRO token a highly anticipated addition to the crypto market.   ZRO token holders will gain governance rights, allowing them to vote on the LayerZero protocol’s fee switch. An immutable voting contract will enforce a public on-chain referendum every six months, ensuring transparency and community involvement in decision-making.   Read more: What Is LayerZero (ZRO) Cross-Chain Interoperability Protocol?   ZRO Token Generation Event (TGE) The official Token Generation Event (TGE) is scheduled for June 20, with major exchanges like KuCoin set to list the ZRO token. These listings will provide liquidity and wider access to the tokens, enhancing their market presence.   LayerZero Airdrop Details The launch of ZRO signifies a pivotal step for LayerZero, transforming it into publicly owned, immutable infrastructure. With a fixed total supply of 1 billion ZRO tokens, 38.3% will be distributed to the community, developers, and users.   LayerZero tokenomics: ZRO supply schedule | Source: LayerZero Foundation    On the first day of the airdrop, 8.5% of the total supply, or 85 million ZRO tokens, will be available for eligible participants. The remaining community-allocated tokens will support future distribution programs and ecosystem growth.   How to Check If You Are Eligible for LayerZero (ZRO) Airdrop?  LayerZero's eligibility checker, released on June 19, allows users to verify their airdrop status. According to Bryan Pellegrino, CEO of LayerZero Labs, 1.28 million wallets qualify for the airdrop. However, over six million unique wallet addresses have interacted with the LayerZero protocol.   To ensure a fair distribution, LayerZero implemented measures to filter out Sybil attackers—users who create multiple fake accounts to claim more tokens. These measures include self-reporting, bounty-hunting, and collaboration with on-chain security firms.   Anti-Sybil Measures Executing the airdrop fairly posed significant challenges due to LayerZero’s popularity and extensive use. The foundation emphasized that the distribution, while not perfect, rewards durable users aligned with the protocol's future.   LayerZero's anti-Sybil measures aim to exclude addresses associated with Sybil attacks from the airdrop. Identified Sybil attackers will lose most of their expected tokens, ensuring fairer distribution to legitimate users. Pellegrino highlighted that nearly 10 million tokens that would have gone to Sybil addresses are now redirected to genuine users.   As the airdrop approaches, LayerZero continues refining its Sybil hunter tagging process. Eligible wallets might see adjustments in their allocations based on these refinements. Users are advised to use the eligibility checker without connecting their wallets, a security measure to protect against online scams before the actual claim begins.   Strategic and Community Allocations LayerZero has reserved 15.3% of the ZRO supply for future distributions to users, protocols, infrastructure builders, and community members through methods such as Requests for Proposals (RFPs). An additional 32.2% will go to strategic partners, and 25.5% will be allocated to core contributors. Both categories are subject to a three-year vesting period, with a one-year lock and a monthly unlock over the subsequent two years.   The foundation also repurchased 40 million ZRO tokens, pledging them to the community bucket.   Conclusion LayerZero’s ZRO token airdrop marks a significant milestone in the protocol's journey toward decentralization and community ownership. With strategic distributions, strict anti-Sybil measures, and major exchange listings, the airdrop sets the stage for ZRO's impactful entry into the crypto market.   Stay updated with the latest developments by following LayerZero's official channels as the ZRO token distribution unfolds.  

Toncoin's (TON) price has surged due to increased development activity on The Open Network (TON) blockchain and integration with Telegram. The recent listing of the $NOT coin and the launch of various crypto games in the TON ecosystem have further boosted its popularity and adoption.   Quick Take Development activity on the Ton blockchain, also known as The Open Network, has picked up since 2020 and its native token, Toncoin (TON), saw a major price spike in 2023.  In May 2024, $TON’s price saw a remarkable price change after the $NOT coin listing.  The major driving force of $TON is embedded in its integration with Telegram and its mission to empower the 900 million Telegram users and the TON developer community in tandem.  Popular Crypto Games on The Open Network (TON)  Ahead of the imminent launches of viral trending Telegram games like Hamster Kombat, Catizen, and Pixelverse, here are some of the most established crypto gaming projects on the TON blockchain:    Notcoin This is a no brainer. Notcoin is a clicker game where any player can simply click on the coin to accrue points. According to the official website of Notcoin, the game garnered 35 million users in 3 months. Notcoin reached a record high of $0.0126 in May 2024, marking its significant growth trajectory.    In April, Notcoin transitioned from its mining phase to the NOT token, launching on The Open Network ($TON) in mid-May. This transition enabled players to convert their in-game Notcoin to the real-world NOT token, further enhancing its appeal.   Hamster Kombat  Another clicker game set to launch soon on the TON chain. $HMSTR - the native token of the game has started its pre-market trading on popular platforms like KuCoin pre-market, ahead of its launch and airdrop in July 2024. The tap-to-earn game is quite intriguing as the interface of the clicker game has a hamster CEO bot. Besides its entertaining bot, the game also offers DeFi opportunities under its ‘Mine’ section.    Players can earn daily rewards by simply clicking on the hamster, ahead of the Hamster coin airdrop. By accruing them, players can unlock the DeFi opportunities in the game. Besides the in-game features, users can redeem $HMSTR coins by integrating KuCoin into the game directly once the token launches.    $HMSTR tokens are crucial for upgrading hamsters, which is essential for earning more coins and expanding the digital empire in the game. The tokens can be used to purchase special cards that unlock more coins per hour, allowing players to boost their earnings. The native token also unlocks new features and upgrades in the game via Daily Combo and Daily Cipher, such as increasing the energy limit and tapping productivity.   Read more: Hamster Kombat Airdrop: 100M Players Gear Up for TON Token Launch   JetTon Games This is another gem on the Ton blockchain. The native token of the game $JETTON can be called the gaming marketplace on the network - from casino games to fantasy football, live games, and more.    The platform has 5000 licensed games that are accessible on both Android and iOS. Players can enter these games via Telegram too.    The platform's native cryptocurrency, $JETTON, is deeply integrated into the ecosystem. Players use $JETTON tokens for betting, participating in games, receiving rewards, and voting on platform governance issues.    Future plans include token staking, farming, and monthly token burns to maintain the token's value and utility​.    Read more: Top Telegram-Based Crypto Games to Watch   Snapshot of TON’s Performance  TON/USD price | Source: TradingView   As of June 19, 2024, Toncoin (TON) is trading at approximately $7.18. The coin has experienced notable volatility over the past few weeks, with significant price swings reflecting broader market trends and specific developments within the TON ecosystem. As of today the price of TON is down by ~ 8.51%.    TON closed at $7.138 and opened at $7.15 as of today. The current price and volume indicates a bullish signal as more buyers are buying the dip. The trajectory of TON is indicating mixed signals.    TON’s current market cap is down by 4.93% and the price is also down by 5.29%. While the price and trading volume is volatile, the TVL of TON is increasing rapidly. According to DefilLama, the total value locked (TVL) of TON stands at $592.96 mn from yesterday’s TVL ~ $583.63 mn.   Source: DefiLlama   Currently, the 14-day RSI suggests a neutral sentiment of token holders. The sharp decline in price has led to slight sell pressure.    TON’s price decline was followed by a correction in BTC that had a current effect on the crypto market early this week. Despite the fluctuating price and slight volatility, analysts have predicted that the price of TON could reach $10.   Delphi Digital, a crypto research firm observed that the active wallet addresses of TON have surpassed ETH’s active wallet address count for the very first time. This surge in active wallet addresses could be attributed to the large Telegram user base.     Key Support And Resistance Levels of $TON The key resistance levels of Toncoin (TON) are as follows   R1: 7.149 R2: 7.462 R3: 7.929 The key support levels of TON are as follows   S1: 6.687  S2: 5.907  S3: 5.589 Toncoin Price Predictions by Analysts In a recent social media post, the esteemed crypto and DeFi analyst known as "Crypto King" advised newcomers to consider exploring TON, praising its rapid and user-friendly blockchain infrastructure. Crypto King highlighted the credibility of TON’s development team, the same team behind Telegram, and expressed confidence that TON could see a significant price surge, potentially reaching up to $10 in the coming weeks. Market expert Alex Clay echoed this sentiment, noting that despite the overall market downturn, TON has maintained its bullish trajectory and is set for double-digit gains. Clay predicts that TON is on a path to reach $10, with short-term targets of $10.5 and $11.6. He also pointed out the presence of a Daily Cup & Handle pattern, which further supports the optimistic forecast for TON. According to Ali Martinez, crypto analyst at CryptoSlate suggested that TON could be gearing to break out by a 40% price surge.  Shiven Moodley, an analyst at CryptoQuant, has observed that TON's 7-day volatility has consistently been higher than its 30-day volatility for the past two and a half years. This analysis is based on comparing TON's Adjusted Sharpe Ratio with its volatility. The Adjusted Sharpe Ratio is a metric that evaluates an investment's excess return in relation to its risk, while also considering additional factors that may impact the risk-adjusted return. This approach offers a more detailed insight into an asset's performance.   Social Snapshot of Toncoin ($TON)  The coin has caught everyone’s attention due to various reasons. The ease of trying ‘play to earn’ games integrated in the Telegram app is one of the many reasons for its exponential adoption.    With a user base of around 900 million on Telegram, the adoption of the TON blockchain and Toncoin is quite obvious. What makes the chain more appealing is that it offers a great deal of features making it the obvious choice for investors.    Ton blockchain has something for everyone. From games for users to a suite of developer tools for building dApps on TON and some interesting features under the dev pipeline.    According to stats from Messari, the follower count on Toncoin’s X handle shot from 715.14k to 967.87k between June 6, 2024 and present day. The Telegram count has also experienced a phenomenal spike.       Some crypto investors and analysts have stated that TON could be the next SOL. This viewpoint was also laid by X crypto influencer ‘ImNotTheWolf’.    Future of Toncoin ($TON) Price  The current price retraction is a minor setback for the token. Despite the price consolidation, some investors are buying the dip.   It is evident that the investor confidence in the TON coin comes from the phenomenal debut of the Notcoin that sparked interest and curiosity in the crypto investing communities.    Besides the launch of NOT tokens, there are a few more events lined up on the TON chain. Hamster Kombat is set to go live with their token airdrop coming up in July 2024. Other popular Telegram mini-apps like TapSwap and Blum could potentially follow suit and onboard more web2 users into web3 via the TON network.    Read More: What Is Notcoin (NOT)? The Emerging GameFi Star in the TON Ecosystem

The ZKsync airdrop launched with significant fanfare, quickly seeing over 2.62 billion ZK tokens claimed, translating to approximately $630 million in value. Within the first ten hours, data from Dune Analytics revealed this remarkable uptake. Despite the enthusiasm, there remain 1.05 billion tokens, worth close to $253 million, waiting to be claimed.   Quick Take  Over 2.62 billion ZK tokens claimed, worth around $630 million, in just ten hours since the airdrop campaign launched on June 17, 2024. 37% of top recipients sold their entire allocations, while 33.4% retained their full allocations. ZK token price dropped 27%, currently trading at 22.8 cents with a market cap of $868 million. 17.5% of the total ZK supply was allocated to the airdrop, making it one of the largest in history. However, high demand led to network delays and transaction congestion on ZKsync. Introduction to ZKsync and ZK Token  ZKsync is a Layer 2 scaling solution for Ethereum designed to improve scalability and reduce transaction costs. By leveraging zkRollup technology, ZKsync enables faster and cheaper transactions while maintaining the security of the Ethereum network. The ZK token is central to the ZKsync ecosystem, serving as a governance token and a means to incentivize community participation and development.   Read more: What Is ZKsync (ZK): Ethereum’s ZK-Rollup Scaling Solution?    All About the ZKsync Airdrop The ZKsync airdrop is a landmark event, distributing 17.5% of the total ZK token supply to early users and contributors. This distribution aims to reward the community and encourage further engagement with the ZKsync platform. The airdrop is part of a broader strategy to decentralize network governance and foster a robust and active user base.   Who Is Eligible for ZK Airdrop?  Eligibility for the ZKsync airdrop is divided into two main categories:   Users (89%): Individuals who have actively transacted on ZKsync Era and Lite and meet specific activity thresholds. Contributors (11%): Developers, researchers, and advocates who have significantly contributed to the ZKsync ecosystem through development, education, or other forms of participation. How to Participate in ZKsync (ZK) Airdrop  To participate in the ZKsync airdrop, users and contributors needed to be active within the ZKsync ecosystem till March 24, 2024. This activity could include transacting on ZKsync Era, holding ZKsync-native tokens, or contributing to ZKsync-related projects and initiatives. Claiming ZK tokens is a straightforward process:     Visit the Claim Site: Go to claim.zknation.io. Check Eligibility: Enter your ZKsync address to verify eligibility. Connect Wallet: Connect your wallet to the interface. You can use MetaMask or other EVM-compatible crypto wallets.  Accept Terms: Agree to the airdrop terms and conditions. Delegate Votes: Delegate your votes to participate in ZKsync governance. Claim Tokens: Approve the transaction and wait for the tokens to arrive in your wallet. When to Claim Your ZK Airdrop Tokens: The airdrop campaign runs from June 17, 2024, until January 3, 2025. Eligible users have this entire period to claim their tokens. Contributors can begin claiming their tokens starting June 24, 2024.   Market Response to ZKsync Airdrop The initial market response to the ZKsync airdrop was significant. Over 2.62 billion tokens were claimed quickly, demonstrating strong community interest. However, the token price experienced a 27% drop from its opening price of 30 cents, now trading at 22.8 cents. Despite this decline, the ZK token maintains a market cap of $868 million, indicating robust market interest and potential for future growth.   ZK/USDT price chart | Source: KuCoin   Analysis of the top 10,000 addresses that received the airdrop revealed diverse behaviors. About 37% sold their entire allocations, while 33.4% retained their full airdrop, reflecting varied levels of confidence and investment strategies among recipients. Significant holders like 0x663 and 0xb78, who collectively offloaded over 4.9 million tokens, exemplify the sell-off trend among some users.   ZKsync Airdrop Challenges and Criticism The airdrop event was not without its challenges. High demand led to network congestion, causing delays for users attempting to claim their tokens. Some users reported waiting over 20 minutes to receive their allocations. Additionally, Binance faced issues with its node operator, resulting in suspended ZK withdrawals and delays in deposits. Despite these technical challenges, the airdrop is still considered a success, with a substantial number of tokens claimed and distributed.   Conclusion The ZKsync airdrop marks a significant milestone in the crypto community, offering substantial rewards to early adopters and contributors. Despite some challenges, the event has successfully engaged the community and distributed a significant portion of the ZK token supply. As ZKsync continues to develop and expand its ecosystem, the airdrop serves as a foundation for future growth and community involvement.   FAQs on ZKsync Airdrop  1. How do I check if I'm eligible for the zkSync airdrop?  You can check your eligibility by visiting the official ZKsync airdrop claim page and entering your zkSync address. The site will verify if you meet the criteria based on your activity within the zkSync ecosystem.   2. What issues have users faced during the zkSync airdrop?  Users have reported network congestion and delays in claiming their tokens, with some transactions taking over 20 minutes to complete. Additionally, Binance faced node operator issues, resulting in suspended ZK withdrawals and delayed deposits.   3. What should I do if I face issues while claiming my ZK tokens?  If you encounter issues, ensure you are following the correct steps outlined on the claim site. For persistent problems, you can reach out to zkSync’s support through their official channels for assistance.   4. Can I sell my ZK tokens immediately after claiming them?  Yes, you can sell your ZK tokens after claiming them. However, it's recommended to consider the market conditions and potential benefits of holding or using the tokens within the zkSync ecosystem.   5. What are the benefits of holding ZK tokens?  Holding ZK tokens allows you to participate in zkSync’s governance, potentially earn rewards from future airdrops, and support the growth of the zkSync ecosystem. Your involvement helps shape the future development of the platform.