Ethereum News by Thebittimes.Com

The altcoin market looks like some coins are trying to bounce back. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend. Institutional investors are now paying more attention to interoperability and tokenizing real-world assets. Prices of these assets are climbing, even before the market takes off entirely. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Attention in the crypto market in the coming month will go toward the altcoin and meme coin sectors and making the most of the altcoin market. Hence, investors can capitalize on the moment and take a position in upcoming tokens like PlayDoge. PlayDoge is a new Doge meme coin that uses play-to-earn technology to create a gaming economy with real monetizable value. This post covers the details of its presale. 1. ConstitutionDAO (PEOPLE) ConstitutionDAO began as a crowdfunding e...

The creation of new digital tokens is driving innovation across various industries, from finance to gaming. These tokens, built on blockchain technology, can represent anything from currencies and assets to access rights and rewards, offering a wide range of applications. The process of creating a token typically begins with defining its purpose and utility. Whether it’s a utility token for a specific platform, a governance token for decentralized decision-making, or a non-fungible token (NFT) for digital art, clarity on the token’s function is essential. Next, the technical aspects come into play, often involving smart contracts on blockchain networks like Ethereum, Binance Smart Chain, or Fantom. These smart contracts define the token’s properties, such as supply, transferability, and compliance with standards like ERC-20 or ERC-721. Security is a critical consideration in token creation. A thorough audit of the smart contract code can prevent vulnerabilities that could be explo...

Recent developments have triggered a positive sentiment within the cryptocurrency.  As a result, market experts predict that several assets will experience an uptick. As such, investors are searching for tokens worthy of addition to their portfolios.  In light of this, new cryptocurrency releases, listings, & presales today are capturing investor interest. This article offers curated insights into these tokens, highlighting their utilities and market potential. New Cryptocurrency Releases, Listings, and Presales Today The Meme Games has raised over $400,000, with each token priced at $0.00935. Investors can participate in the presale by purchasing MGMES tokens through the project’s website using an Ethereum or BNB Chain wallet. Moreover, MAPO is a digital currency integral to the MAP Protocol, a peer-to-peer omnichain network.  Additionally, DSC aims to enhance computing power by leveraging DSFS’s distributed storage and supercomputing system, thereby...

Notcoin price has plunged 32%  in the past month and 2.5% in the last 24 hours to trade at $0.008782 as of 6:50 a.m. EST. on a 1.74% drop in trading volume to $384 million. NOT price has been struggling since its launch, with many airdrop claimants selling off their tokens, driving the price down. Notcoin Price Faces Resistance Within The Bearish Channel The Notcoin price chart shows a bearish trend, with the price currently trading around $0.008885 within a descending channel. This channel, marked by lower highs and lower lows, indicates continued downward pressure. The price is approaching a support zone around the $0.0085 level, where buying interest has previously emerged. If enough buying momentum develops, this support zone could serve as a potential base for a reversal. NOTUSD Analysis Source: Dextools.io The moving averages also reflect a bearish sentiment. The 50-day Simple Moving Average (SMA) is at $0.01244839, well above the current price, suggesting tha...

The Polygon price dived more 17% in the last week following a 4% 24-hour loss to trade at $0.4415 as of 11:38 p.m. EST as traders keep exerting sell pressure on the token. 🧵 POL Upgrade | Everything to Know 🧵 Users w/ MATIC on Ethereum can upgrade today via Polygon Portal Interface: https://t.co/Ibs1ONels1 There is no deadline for users to upgrade. All MATIC on Polygon PoS & staked MATIC on Ethereum will upgrade automatically on Sept 4. pic.twitter.com/qKnyYFrlqH — Polygon | Aggregated (@0xPolygon) August 27, 2024 The drop in the MATIC price comes as Polygon converts its native token to the new POL token. MATIC holders on Ethereum are already able to swap their tokens for POL through the Polygon Portal. No action needs to be taken by MATIC holders on the Polygon chain or holders of staked MATIC, as their tokens will be automatically swapped on Sept. 4. The Polygon Price Resting On A Crucial Support Level 4-hour chart for MATIC/USDT (Source: Tradi...

Despite a challenging day for the crypto market, with Bitcoin slipping below $59,000 and Ethereum falling nearly 10%, some tokens have managed to shine. Bitcoin, which had briefly surged past $62,700, dropped to $58,240, while Ether fell from $2,700 to below $2,500. This market correction, leading to $313 million in liquidations, stresses the volatility. Yet, in this turbulent environment, tokens like Cream Finance, Audius, UNUS SED LEO, and Notcoin have emerged as top gainers . This article explores their exceptional Features and performance during these market upheaval.   Biggest Crypto Gainers Today – Top List Among today’s gainers, Cream Finance, Audius, UNUS SED LEO, and Notcoin have demonstrated impressive resilience and growth. Cream Finance continues to lead the DeFi lending space, supported by strong liquidity and solid annual performance. Audius is revolutionizing music streaming with its decentralized platform. UNUS SED LEO stands out by offering signific...

In the ever-evolving landscape of digital currencies, finding the right resources can be a game-changer for traders seeking to enhance their strategies. With countless data tools available, it can be daunting to choose the ones that truly make a difference. Here are some essential insights and recommendations that will help you navigate through the myriad of crypto data tools and optimize your approach to trading in the crypto market. Coin Market Cap Coin Market Cap is a popular platform for tracking cryptocurrency prices. It provides data on various coins and tokens. The site also offers a list of exchanges where users can trade cryptocurrencies. It is a vital resource for anyone interested in the crypto market. Using Coin Market Cap as a part of your crypto data tools can be very beneficial. The platform also includes charts and historical data. This helps you understand how a coin has performed over time. Coin Market Cap is essential for anyone looking to navigate the cryp...

The Pepe price has plunged 8% in the last 24 hours to trade at $0.00008583 as of 7 a.m. EST on a 27% surge in trading volume to $907 million. Pepe Price Faces Resistance Within The Falling Wedge The PEPE/USD trading pair over a daily time frame indicates a potential bullish reversal. A Falling Wedge pattern is evident, typically a bullish signal when it appears in a downtrend. This pattern shows a consolidation with lower highs and lower lows, indicating a weakening of the selling pressure. A breakout from this wedge could lead to a significant upward move, aligning with the suggested target price. PEPEUSD Analysis Source: Dextools.io Pepe price sits within a strong support zone, highlighted in yellow, which has historically attracted buying interest. The recent bounce off this support level further suggests that the downtrend may be losing steam. Additionally, the price is near the 50-day simple moving average (MA), which could act as a key resistance or support level ...