The post Analysing DogeDay’s Influence on the Price Dynamics of DogeCoin: In-Depth appeared first on Coinpedia Fintech News DogeDay is almost here, and everyone’s buzzing about it. People think it could really shake up the price of DogeCoin. Right now, we are seeing Dogecoin’s value go up in what is called a rally. Let’s take a closer look at how DogeDay might affect Dogecoin’s price, considering how the market reacted in past years. 1. DogeDay: What’s It Before we start our analysis, let’s understand what DogeDay actually is. Dogecoin is a meme coin known for its funny dog logo and its active online community. DogeDay is a special day for the DogeCoin community, even though it does not mark any big achievements or anything. It is kind of funny because they picked April 20th, which is part of April Fool’s month, on purpose. The celebration further strengthens the bond and unity between its community members. Does this celebration truly influence the price dynamics of DogeCoin? It is what we are going to see. 2. DogeDay Effect: DogeCoin Historic Trading Volume Analysis Meme Coin 24-Hour Trading Volume,April 18, 202324-Hour Trading Volume,April 20, 2023DogeCoin $533.283k$198.445k On April 20, 2023, the 24-hour trading volume of DogeCoin raised to $198.445K from $116.071K, reported in the beginning of the same month. Four days after the event, on 24th April, 2023, the volume touched $1.221M, highest in the month, far higher than the $71.485k mark reached in the beginning of that year. Yesterday, on 18th April, 2024, the trading volume was around $533.283k. Today, on 19th April, 2024, it also crossed the mark of $1.282M. This is enough to assume that we see increased trading activities in DogeCoin during periods of DogeDay celebrations.  Read Also : Dogecoin’s Evolution and the Emergence of DogeDay: What You Should Know 3. DogeDay Effect: DogeCoin Price Analysis Meme Coin Price,April 18, 2023Price,April 20, 2023DogeCoin $0.15$0.083 Previous year, on April 20, the price was at $0.083, lower than its previous day’s closing price of $0.086. Day after the DogeDay, it even fell further to 0.0777 (on April, 21, 23. That year, the market was mostly in a sideways movement. In the beginning of that year, it was around $0.07. By the end of January, I climbed to $0.09. On 9th March, 2023, I fell to $0.06. On 3rd April, 2023, It climbed to $0.09. After the DogeDay 2023, the price of the coin slowly started to descend. In mid-April, it came down to $0.06 level. It remained in that rage for a long period. In late-October, it climbed back to $0.07, after remaining trapped in the $0.05 Range for a small period. In early December, 2023, it briefly crossed the 0.100 mark.   In the beginning of the year 2024, the price of DogeCoin was at $0.09. A major upward momentum was witnessed in late February, when it climbed swiftly from $0.08 to $0.11, on 29th February. On 28th March, nearly one much after it entered this bullish phase, it touched the mark of $0.21. The present price of $0.15 is far lower than the peak reached on 28th March. The data shows that the current trend is slightly favourable to DogeCoin. Unlike the previous year, there is a bullish trend that supports the coin.  Read More : Dogecoin Price Prediction 2024 – 2025: Will DOGE Prices Top $1 With This Break? Endnote The influence of DogeDay on DogeCoin’s price dynamics is evident through increased trading volume during celebrations. While historical analysis indicates mixed results in price movements, current trends suggest a more favourable outlook, with a bullish trend supporting DogeCoin’s value.
From the rise of social networking to a more fractured media landscape to the integration of artificial intelligence (AI) into daily life, the world looks very different now than it did in the ’00s, and brands are seizing on the opportunity to harken back to a simpler (and more low-rise-jeans-filled) time. Most of us don’t turn to beer brands to provide us with our cellphones, but Heineken announced Wednesday (April 17) a collaboration with streetwear marketplace Bodega to launch The Boring Phone, a non-internet-connected flip phone. Following a limited giveaway of this device, the brand is launching an app to “turn smartphones boring” in June. “We could all do with a break from the constant distractions of smart tech; something our research has shown is even more important to our Gen Z and Millennial consumers,” Nabil Nasser, global head of Heineken, said in a statement. “When we spoke to them about their smartphone usage, we quickly realized that many feel they are habitually distracted when socializing by their device but also admit they didn’t want to go completely phone-free.” To tie it back to the brand’s beverages, Nasser said that the company’s goal is to “foster moments of genuine connection and help people experience the joy of true togetherness,” ideally “over a beer.” The pre-smart-phone-era nostalgia can be seen in fashion, too. Earlier this month, W Magazine reported on Blackpink star Lisa’s Louis Vuitton x Stephen Sprouse bag from the early 2000s, suggesting that high fashion may be heading this direction as well. Indeed, the shift is taking over pop culture, with HotNewHipHop sharing Monday (April 15) that Coachella’s Revolve Fest was a throwback to the aughts, full of nostalgic classics — Ying Yang Twins, Sean Paul, T-Pain and Ludacris. In further nostalgia news, the split-flap board is back. On Wednesday, NBC’s Today highlighted Oat Foundry, a company that rents out this old-style signage for brands looking to give that analog feeling — a product that has been used by brands ranging from Carnival Cruise Line to Glossier. Moves to harken back to the ’00s appeal to the childhood memories of a key demographic, the Zillennial — the cohort of the 30 million United States consumers born between 1990 and 2000. Many of these consumers have cash to burn. According to PYMNTS Intelligence’s study “The ConnectedEconomy Monthly Report: Meet the Zillennials,” 22% of zillennials do not living paycheck-to-paycheck, compared to 17% of both millennials and bridge millennials. This may be due to 54% of zillennials working full time while having fewer expenses than their older peers. Some of this financial stability may come from the money they save living with others: 58% live with a romantic partner, 34% live with their parents or siblings and 13% live with either friends or other housemates. This extra income from living with others and having fewer expenses may afford zillennials a bit more financial freedom to shop, and indeed, many of their shopping habits recall a less digitally connected time, as 92% of zillennials prefer to shop in-store despite being digital natives. So OMG, it seems like the aughts’ comeback is going GR8, from dumb phones to party jams, and with that, the PYMNTS weekender will TTYL. The post From Heineken’s Dumb Phone to T-Pain, ’00s Make a Comeback appeared first on PYMNTS.com.
The post Axie Infinity & Conflux Users Seize Raffle Coin: RAFF’s Stage 1 Presale Drawing to a Close Foreseeing Exceptional Growth appeared first on Coinpedia Fintech News No serious investor wants to miss out on the chance to earn exponential profits from viable projects. This is why investors are always making efforts to buy into crypto presales with the potential of achieving exponential growth. This year, Axie Infinity and Conflux users are doing all they can to make sure that they don’t miss out on this presale with high-growth capabilities. The stage 1 presale that has thrown the crypto market into a frenzy belongs to none other than Raffle Coin. This innovative cryptocurrency has all the markings of a crypto project that could experience impressive growth when it launches. Little wonder that Axie Infinity and Conflux users are eager to try it out. Axie Infinity is Breaking into the Game Streaming Space Axie Infinity is one of the foremost platforms that has been leading the rise of blockchain for the past few years. By running on Ethereum, Axie Infinity can use NFTs to create unique gaming characters that keep users entertained. One of the best things about Axie Infinity is that you can earn cryptocurrencies as rewards as you play. This helps to secure user loyalty and it encourages gamers to invest. The platform regularly hosts gaming live streams that connect users through Twitch. Most recently, Axie Infinity was named the host for the Grand Tournament live event happening on Twitch. Conflux Begins Plans to Create Blockchain Network Alongside Chinese Government Conflux is doing a great job of encouraging users and governments to tap into the crypto market. This is evident in the recent decision of the Chinese government to launch a blockchain infrastructure platform by collaborating with Conflux. The goal of this deal is to increase web3 and crypto uses within China and beyond. China is well-known for its strict stance against cryptocurrencies. So, for the government to go into a deal that increases blockchain adoption is a sign that Conflux must be doing something right. If all goes according to plan, the adoption of blockchain will ensure that Conflux can help improve international economic trade across borders. Raffle Coin Presale is Steadily Advancing It isn’t every day you find a cryptocurrency with both high-profit potential and real-world uses, but Raffle Coin is doing it all. The cryptocurrency operates using a decentralized model that encourages community engagement. This will help users make more contributions towards the growth of Raffle Coin. To join the community, all you need is to create a Raffle Coin account and fund it. The process is instantaneous and doesn’t require excessively long checks. Once your account is active, you can start going through the available raffle listings until you find one you like. Depending on your preference, Raffle Coin has instant, daily and even weekly raffle draws. When the platform launches, presale token holders will be up for rewards. These rewards will be a portion of the platform’s revenue fees and will increase depending on the size of your holdings. The Raffle Coin presale will soon leave its first stage, but there are six stages in total for interested investors to participate. It currently sells for only $0.020, and this is the best time to join this winning train. Explore what the Raffle Coin presale has to offer by visiting the website here.
The post Unlocking Wealth with BEFE Coin: A Lucrative Investment Opportunity appeared first on Coinpedia Fintech News The cryptocurrency space is one of the best opportunities to create wealth. Many crypto enthusiasts are making entry into the crypto space to harness the opportunities created there. Speculations have been getting across the industry on a potential x2 uptrend worth of BTC due to the halving on the way. This improvement of the crypto space is not solely due to BTC’s effect but other quality crypto projects in the space. BEFE is one of the quality projects that have given investors inspiration to expect a rewarding future stacked up with huge returns. In the course of this article, we will look at what makes BEFE a lucrative investment. BEFE’s Colossal Lift The cryptocurrency industry is no more bizarre to giving investors huge returns as we have found in the past with any semblance of Doge, Shiba Inu, Pepe and the rest the same, in any case, one element lacking from them is the way that the development isn’t maintainable, jeopardizing investors assets and making investors stay at alarm to try not to aggregate misfortunes. This is a viewpoint BEFE is extraordinary from the others. Supportability is normally achieved by having the utilities to continue drawing in investors and getting better in esteem with time. Because of what BEFE brings to the table, it has encountered an estimable expansion in value with a huge increase of more than 315% in the past 10 months. A few analyst have affirmed that this lift is exclusively because of the BEFE having the option to satisfy the needs of investors. BEFE offers investors the best of decentralized finance administrations by making it more effective, permitting exchanges to be handled rapidly and giving re-visitations of investors that decide to stake. These are a portion of the contributing element to BEFE surpassing other cryptocurrencies concerning execution. Specialists Projection On BEFE Sooner Rather Than Later BEFE is currently on the lips of so many across the crypto industry because of its extraordinary nature contrasted with each and every other cryptocurrency. It is an uncommon event to find a cryptocurrency that puts center around arrangements given to investors and this is where BEFE is phenomenal. The user focused nature of BEFE is exclusively answerable for the rise experienced in all vitals of the coin going from exchanging volume, value worth and market cap. To this end numerous specialists foresee an upsoar 100x BEFE’s ongoing worth sooner rather than later as it can possibly hit that cost mark. Conclusion BEFE is one of a handful of the coins in the business with the limit of giving investors financial independence, its true capacities are noticeable from contributions and development up until this point. Examination ought to likewise be utilized by each investor to have sufficient information. Get more info via this website
The post Bitgert Coin: The Next Frontier in Post-Bitcoin Halving Investments appeared first on Coinpedia Fintech News If you’re a crypto investor looking to boost your winning potential in the crypto market, Bitgert is the next place to be. The Bitcoin halving is coming and it’s going to be huge this time, with speculators suggesting we might be looking at Bitcoin hitting an all-time high around $150k. But with all the gains that we are expecting from Bitcoin after the halving process, investors are also looking into a crypto project they can invest in after they take their profit. By now, most crypto traders and investors are familiar with the sharp rise and the drastic fall that follows the Bitcoin price after every halving. But smart investors are already looking out for a crypto project with great potential for high price movement after Bitcoin halves. Bitgert BRISE is breaking all Boundaries and looking like the next big project that might be breaking into the scene after the Bitcoin halving. Let’s take a direct approach to understand why Bitgert is the next frontier in post-Bitcoin halving investment. Higher Potential for Price Rise Bitgert is currently posing to be a crypto project with a higher potential for price rise after the Bitcoin halving. This is specifically because of the current price formation and increasing popularity of Bitgert in the crypto market in the last weeks. In the last 3 weeks, the BRISE price has grown by a margin of around 135% which means an investment during this period would have put you in a winning trade. However, the rate at which Bitgert BRISE’s price is currently growing shows it is getting higher demand and adoption. This shows that the price could hit over 300% by the end of the month. With this organic growth rate, when more traders turn to the Bitgert coin after Bitcoin halves, the price could go through a massive surge. Bitgert Transaction Solutions Driven by Innovation Bitgert currently has a solution for most of the challenges hitting the crypto market space. This ranges from providing a mechanism that allows for over 100,000 transactions per second which deals with the menace of slow transactions. To its approach to making less of a burden with lower gas fees; Bitgert gives almost zero gas fees. Funny story, this is just a scratch on the surface of the innovations Bitgert’s is introducing into the crypto scene. This is why Bitgert has been increasing in popularity lately. Crypto traders are beginning to pay attention to the potential of Bitgert, and at this rate, we might be seeing Bitgert at the top spot in the crypto market soon. With the halving getting closer by the day, investors are also adding Bitgert to their watch list of crypto assets to invest their gains. Follow up with Bitgert for more information about the project on the Bitgert BRISE Website.
The post Pushd’s E-Commerce Presale Gains Traction at $0.144: Solana and Bittensor Communities Prepare for Potential 50X Returns appeared first on Coinpedia Fintech News Reliable blockchains and promising platforms retain their user base and long-term supporters even during a bear market. Solana and Bittensor are certainly not abandoned overnight, even after another market slide. However, those communities are also aware of new projects that offer higher upside potential. Looking for a source of new gains, Solana and Bittensor investors are well aware of the Pushd stage 6 presale, with potential 50X returns. Solana Active Wallets Peak in April In April, Solana saw a marked pickup of activity. Daily active wallets were well above 1M, peaking at 1.5M. Even during the market correction, Solana active users connected 1.2M wallets in 24 hours. The Solana network remains heavily loaded and may drop some transactions, but no major outages happened during that peak time. The stress test coincided with multiple new NFT launches, meme token transfers, and overall activity on older Solana games, markets, and DEX. The Solana token had a brief flash crash during the market correction but stopped the slide at $130.33. Solana also managed to stem the slide faster and invite buyers during the temporary dip. Solana still requires a relatively large initial investment, and its community is well aware of the stunning returns available from brand-new projects and token launches. Bittensor Calms Down After Binance Listing Bittensor gained a higher profile after the April 11 listing on Binance, followed by highly volatile trading. In the first minutes of trading, Bittensor spiked to $1,200, before falling to its current level around $446.79. Bittensor achieved its biggest gains in the last two quarters, driven by hype for decentralized AI. Bittensor uses decentralized computing for efficient machine learning. In the short term, however, Bittensor remains a volatile, speculative asset still in the relatively early stage of trading. The Bittensor project recalls tokens tied to decentralized data storage, which then had to pivot to different products. Pushd Offers No-Hassle Web3 Marketplace Pushd is a new single-focus project, building the next decentralized marketplace. Pushd will connect sellers and buyers, offering multiple e-commerce tools. In addition to a platform with no KYC, Pushd will offer a seamless, low-fee swap mechanism, and a debit card based on the user’s Web3 wallet. The presale will distribute another chunk of the Pushd token pool. The total supply is limited to 250M, of which the team allocation (18M) will be subtracted and locked for 700 days. Pushd will offer lifetime locked liquidity and incentives to hold the tokens for passive income. The Pushd presale successfully reached stage 6, with a price of only $0.144. From this discounted entry point, Pushd has the potential to build a robust economy and turn into a blue chip blockchain project. Presale events will distribute a total of 170M tokens for the widest possible outreach.
The post Bitcoin Mining Saga: Analysts Say These 5 Tokens Are the Best P2E Coins of 2024 appeared first on Coinpedia Fintech News The Bitcoin network recently hit a milestone with its mining difficulty reaching an all-time high on April 10, 2024. This surge in difficulty coincides with the forthcoming Bitcoin halving event, expected to occur within the next 1,250 blocks. As mining Bitcoin becomes increasingly challenging, investors are exploring alternative cryptocurrencies with high growth potential. In light of this shift, the focus turns to the burgeoning Play-to-Earn (P2E) sector. Particularly because P2E games are revolutionizing the gaming landscape by allowing players to earn real-world rewards through gameplay. This article explores analysts’ top 5 P2E coins for investment as Bitcoin halving looms Play-to-Earn: The Future of Gaming and Crypto? The P2E model (play-to-earn) has redefined the entire gaming sector as it enables players to make real-life money by taking part in gameplay activities. This non-traditional approach is overturning the customary blockchain gaming modalities; players now have the sole ownership right to their in-game assets, thereby enhancing monetization. Meanwhile, the surge in P2E games is a testament to the endless potential that lies in GameFi, a dynamic category of the broader decentralized finance. This flagship concept enables game lovers to actively engage in an interactive gaming ecosystem and earn cryptocurrency or other valuable in-game assets. While there is a promising future for P2E with a market projection of nearly $100B by 2028, the sustainability, authority distribution, and environmental price effect caused by blockchain technology is still a cause for concern. On the other hand, with technical advancement and acceptance rate improving P2E model, the model might become a core part of future gaming and cryptocurrency alike. Analysts’ Top 5 Picks for the Best P2E Coin In 2024 $KANG KangaMoon (KANG), a new meme coin project, has recently crossed the $5M funding milestone and aims to hit the $7M mark before the end of April 2024. This meme coin project wants to tap into the huge growth potential of the play-to-earn (P2E) market, which is expected to exceed $88B by 2028 as reported by Yahoo Finance. Particularly, KangaMoon is building a P2E gaming ecosystem dubbed “Kangaverse” where the native KANG token will serve as the primary in-game currency. KANG holders will benefit from exclusive access to various battle contests, and periodic challenges, ultimately offering opportunities to earn additional tokens or in-game items. Meanwhile, KangaMoon encourages community involvement by offering free KANG tokens to those that actively participate in the pre-launch stage through the engagement of promotional contents across their social media platforms. Given its community focus approaches, KangaMoon now boasts of a growing community of over 20,000 registered members, including over 6,000 token holders. Currently priced at $0.0196 during Stage 5, the native KANG token has witnessed a massive surge of up to 290% from its initial $0.005 price. As the token advances through additional presale phases, experts believe that it could deliver even higher returns for early buyers, especially after listing on top-tier crypto exchanges (CEX) in Q2, potentially triggering a rise in its price up to $1. $FLOKI Floki (FLOKI) is a meme-inspired cryptocurrency carving a niche in the Play-to-Earn (P2E) space. Through its “Valhalla” gameplay, it intends to close the gap between games and non-fungible tokens (NFTs). In Valhalla, players can acquire FLOKI tokens for taking part in battles and quests. The project also expands its P2E vision with FlokiPlaces, an NFT metaverse where users can buy virtual lands and properties using the FLOKI token. FLOKI’s market cap has already reached a $2 billion level, sparking talks about the involvement of large-scale investors. With the weekly trading price between $0.0001901 and $0.0001854 which represents slightly over 2% decline over the week, this token is still making its presence felt. Lastly, it’s trading volume which is $240.5 million position of Floki as one of the best P2E coins in the market. $GALA GALA is a pioneering platform for blockchain-based play-to-earn (P2E) games. Its native token, GALA, fuels the ecosystem, enabling players to purchase in-game assets, enter tournaments, and earn rewards. With ambitious expansion plans and a focus on user ownership, GALA is positioning itself as a frontrunner in the burgeoning P2E market. GALA has recently experienced a surge in trading activity, attracting new investors and boosting its market capitalization. However, despite a noteworthy 46% price increase over the past year, the current price of GALA is hovering between a weekly range of $0.7181 and $0.05664, reflecting a 21% decline in the last month. While GALA’s performance looks promising on a year-to-date basis, experts are optimistic about a potential rebound in the coming days leading up to bitcoin halving.  $SAND The Sandbox’s metaverse is a groundbreaking virtual space where the Sandbox’s users can unleash their creativity, build, and even monetize their own gaming experiences while receiving SAND tokens in return. SANDs concept of voxel-based environment and user-generated content has created a thriving community of game developers and players. Meanwhile, the native SAND token of The Sandbox ecosystem is currently on a bearish trend. The falloff is evidenced in the decreasing number of wallet addresses, volumes of whales and trading relative to the volatility. Moreso, this negative trend has further been influenced by last month’s performance which saw the SAND token fall by nearly 22%. However, experts are banking on the imminent altcoin rally and are optimistic about a possible rebound considering that The Sandbox project ranks highly among other P2E coins. $MANA Decentraland (MANA) is a decentralized virtual reality platform powered by the Ethereum blockchain, alongside its native MANA token, which is widely regarded as one of the best P2E coins. In this particular gameplay, users can purchase virtual land, develop and monetize applications and experiences. Moreso, they can participate in various P2E activities within the Decentraland metaverse while earning MANA tokens for their contributions. Despite these developments, MANA has recently experienced a downward motion, declining by 17% over the past month to bring its monthly price range from $0.7461 to $0.5991. On the one hand, some analysts remain hopeful about MANAs price ability in the long run. Conclusion Play-to-Earn (P2E) games have stormed the crypto and gaming landscapes, offering players a novel way to earn passive income, acquire valuable tokens, and truly own in-game assets. This fosters a strong sense of community and engagement among players. While numerous networks have embraced the core P2E concept, Kangamoon stands out by delivering additional utility and enhanced profit potential. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Telegram Community: https://t.me/KangaMoonofficial
The post Inside Q1 2024s Largest Hack: Playdapp’s $290 Devastating Million Exploit appeared first on Coinpedia Fintech News PlayDapp, one of the most well-known blockchain gaming and NFT platforms based in South Korea and running on the Ethereum blockchain, encountered a cunning hacker attack that eventually resulted in a loss of assets amounting to a colossal $290 million. The incident that took place between February 9th and 12th, 2024 stirred up the crypto community concerning the protection of digital assets and the safe functioning of decentralized platforms. Join us as we uncover the intricate details of the largest hack of the year 2024 so far. We are writing to inform you of a critical security incident involving the PLA token contract. The PLA token contract has been hacked and additional PLA tokens have been issued. We understand the gravity of this situation and assure you that we are taking immediate action.— PlayDapp (@playdapp_io) February 9, 2024 It started way before 9th February! The hacking controversy started on January 16, 2024, when the PlayDapp team received an email that looked like it was from a legitimate partner exchange provider. the email became a well-designed phishing trick which resulted in downloading dangerous software onto one of the team’s PCs. Eventually, the thief got the administrator’s private key, which is a serious violation of the whole security system. On February 9, 2024, intruders took advantage of the owned private key to acquire unauthorized access to PlayDapp’s smart contract. They had changed them and minted 200 million PLA tokens into their accounts. Regardless of the speedy actions taken by the PlayDapp team in trying to inform major CEXs, the hackers succeeded in creating yet another 1.59 billion of PLA on the 12th of February. Read Also : Latest Security Breach hits Arbitrum; Hedgey Finance Loses $1.9 Million in Hacker Attack Root Cause Revealed the Theft of Private Keys In the root-cause analysis done by the cybersecurity company CYBERONE, it was determined that initial access was granted to the adversary using a domain-spoofed email, which in turn led to the installation of a remote access tool on a team member’s personal computer. The hackers gained access to the administrator’s private key and opened the doors for the attacks. Flow of Stolen Assets Although the hackers were able to mint large amounts of PLA tokens, their sales of the assets in return for cash were mostly unsuccessful. The original amount of PLA tokens in circulation amounted to $577 and the hackers were only able to convert $32 out of the stolen amount. The remaining tokens were released through different transactions making the recovery process more complicated. Response by the Playdapp Team To react to the hack, PlayDapp put out a huge bounty of  $ 1 million for the safe return of stolen assets and closed the trading on the PLA token. The offer went in vain as the hacker did not respond positively which made the team extend the bounty to the public. The project had already effected a move to a new smart contract that comes with more advanced security features, such as multi-signature functionality and improved permission administration. Following these events, the PlayDapp team has undertaken steps to distribute private keys in a decentralized manner, to improve email account security, as well as to install comprehensive antimalware software. The initiative’s goal is to provide the continuity and stability of services not to mention the enhancement of security measures to curb future abuses. As of writing, the majority of funds are still with the hacker and the remaining are frozen through exchanges. PlayDapp hacking instance represents a palpable demonstration of the long-term risks involved with decentralized platforms and stresses the saliency of carefully designed and rapid security apps in protecting digital assets and user account deposits. This Might Interests You : Crypto Hack Report Q1 2024: Trends, Losses, and Recovery Efforts