Cryptocurrency Daily Thefoxposts.com

Table of Contents Introduction PawFury (PAW): The New Rising Star Shiba Inu (SHIB): The Meme Coin Marvel Ethereum (ETH): The DeFi Giant Polygon (MATIC): The Layer 2 Hero Conclusion Ethereum whales are diversifying their portfolios by adding promising meme coins. Here's why they’re choosing PawFury (PAW), Shiba Inu (SHIB), Ethereum (ETH), and Polygon (MATIC). PawFury (PAW): The New Rising Star PawFury (PAW) is quickly emerging as the new rising star in the crypto market. Imagine being part of a project that's about to explode with growth—this is what investing in PawFury feels like. Its ongoing presale has already raised over $2.7 million, showcasing massive investor confidence. With a buzzing Telegram community of over 34,000 members, the excitement is real.  Currently priced at $0.00844, experts believe this could skyrocket to $0.0200, offering early investors a golden opportunity for huge returns. Don’t miss o...

Remember scrolling through social media a year ago, when everyone was raving about Tron (TRX) and Solana (SOL) as the future of finance? Fast-forward to today— the crypto space is bursting with innovation! With a constant stream of crypto presales in 2024, picking the right one feels like picking the winning lottery ticket.  What if you find a project with amazing features and strong security? That's where things get interesting. Buckle up, because the Qubetics presale might just be the revolution you've been waiting for. So let’s crack open why getting on their Whitelist could be a decision you'll thank yourself for later.  Ditch the guesswork and get ready to learn why Qubetics whitelist (TICS) could be the key to unlocking your crypto dreams. Is Tron a Smart Investment Amid Recent Troubles? Tron (TRX) has been hit with several issues recently. Circle has stopped supporting USDC on Tron (TRX) due to risk concerns, pushing users to other blockchains. Bin...

In this article, we analyze cryptocurrencies with promising potential for traders seeking optimal investment opportunities on any given day. The crypto market is undergoing rapid transformation, highlighted by the recent approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission. This approval has reshaped the ways investors can access various digital assets. In response, several altcoins are experiencing an increase in activity, indicating potential investment opportunities. This Analysis offers investors valuable insights into assessing the growth potential of these altcoins. Best Crypto to Buy Now Sui recently disclosed plans to introduce its stablecoin, AUSD, on its platform in July 2024. Meanwhile, with the increasing spotlight on AI tokens, Ondo is gaining market relevance for its innovative liquidity provisioning and yield generation solutions. Additionally, Sealana has achieved a significant milestone by surpassing $3 million in its presale. Fur...

A widely followed analyst and trader is predicting triple-digit gains for a leading memecoin while updating his outlook on three other crypto assets. The trader pseudonymously known as Altcoin Sherpa tells his 216,400 followers on the social media platform X that Dogecoin (DOGE) potentially surging to $0.40, about 147% above the current level, “is one of the safest trades you can make this cycle in my opinion.” On the reasons informing his bullish thesis for the largest memecoin by market cap, the pseudonymous analyst says, “- Retail is eventually going to buy it up. – All it takes is one retarded Elon [Musk] tweet to blow it up. – Has great liquidity/low downside relative to other memes. – Probably outperforms a lot of other shitcoins.” Source: Altcoin Sherpa/X Dogecoin is trading at $0.162 at time of writing. Turning to Solana (SOL), Altcoin Sherpa says, “I think this goes much higher later this year but I t...

With all eyes on a potential breakout for the cryptocurrency, Ripple (XRP) could be preparing for a $1 surge amid the ongoing ETF hype. Not only has Ethereum received Spot ETF approval this week, but there is talk about XRP being a potential candidate to get similar investment products. Ripple has failed to build any notable momentum for the last several months. Indeed, XRP has failed to break away from the $0.52 level it currently finds itself. Moreover, the asset has increased only 5% over the last month, according to CoinMarketCap. Also Read: ChatGPT 4o Predicts When Ripple (XRP) Could Hit $1? Could Ripple Target $1 as ETF Hype Grows? Throughout 2024, crypto-based ETFs have become a dominant point of discussion for the finance sector. The presence of Spot Bitcoin ETFs and Ethereum’s iteration receiving approval has drawn immense discourse. That hype has increased the overall exposure of the industry and led many to seek out what assets could be next. Bo...

The Meme Ai price is up 29% in the past 24 hours to trade for $0.008919 as of 01:35 a.m. EST. With this surge, the MEMEAI price is confronting resistance due to the descending trendline of the Fibonacci indicator. The surge came after an announcement that the MEMEAI Chain is due for launch in June. The launch will deliver an EVM-compatible Layer 2 (L2) solution to the market, expected to elevate the Meme Ai ecosystem with scalability, security, and smart contract functionality. Meet MEMEAI CHAIN: the upcoming launch next month. This EVM-compatible Layer 2 solution will elevate $MEMEAI with scalability, security, and smart contract functionality. A perfect complement to the ultimate meme cryptocurrency! #Layer2 #EVM #MEMEAI #meme #Ethereum pic.twitter.com/gQAnGoVFe5 — Meme AI (@memeaiworld) May 29, 2024 Meme Ai Price Prediction The Meme Ai price is confronting resistance due to the trendline of the Fibonacci indicator of 23.6%, earmarked at $0.010414. Early profit booking...

BlackRock’s (NYSE: BLK) Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has reached a significant milestone, surpassing the Grayscale Bitcoin Trust (GBTC) to become the world’s largest ETF, tracking Bitcoin (BTC). Launched in January 2024, IBIT has seen remarkable growth, highlighting the increasing interest in Bitcoin among institutional investors. By the end of trading on May 28, IBIT recorded inflows of $102.5 million, while GBTC experienced outflows of $105 million, according to Farside data. The third largest is the $11.1 billion offering from Fidelity Investments. Picks for you Brace for gains: Altcoins present a ‘once in a few years’ golden opportunity 1 hour ago 2 cryptocurrencies to reach $1 billion market cap in the first half ...

Three million dollars in locked bitcoin has been recovered by a Hack ing duo who claim to have ‘ Hack ed time’ to crack a corrupted randomly generated password. The anonymous holder (referred to in the video as ‘Michael’) stored his nearly-44 bitcoin s, worth roughly $5,300 in 2013, in a hot wallet protected by a randomly generated 20-character password created by RoboForm.  Unfortunately, Michael subsequently lost his password after storing it in an encrypted file that was later corrupted. With no way to recover his bitcoin, he reached out to Joe Grand, an electrical engineer running a hardware-hacking YouTube channel.  Grand and his friend, software hacker Bruno, initially turned down Michael’s appeal for help as they claimed they would need to try millions of password combinations in a brute force attack that they said nobody would take on, “no matter how many computers they had.” However, after he reached out again in 2023, the pair eventually ...

Fantom partners with Google Cloud as a key node validator to boost DApp development. Google Cloud’s infrastructure and AI capabilities will enhance Fantom’s ecosystem. FTM price shows little reaction despite the trading volume surging by 34%. Fantom (FTM) has partnered with Google Cloud, which will now serve as a key node validator for the platform. The collaboration is set to enhance the development and performance of smart decentralized applications (DApps) on Fantom, leveraging Google Cloud’s robust infrastructure and artificial intelligence (AI) capabilities. This partnership builds on an existing relationship where Google Cloud indexes Fantom’s data in BigQuery as part of its public datasets program. By deepening this collaboration, Fantom aims to capitalize on its Directed Acyclic Graph (DAG) protocol’s scalability and secure a larger market share. Incentivizing innovation in the Fantom (FTM) ecosystem Beyond validati...

The BRICS alliance is aiming to launch a new currency in the markets to take on the US dollar’s hegemony. The idea of a multipolar world is growing and developing countries are seemingly attracted towards the prospects of strengthening their native economies. Also Read: 10 U.S. Sectors To Be Affected if ASEAN Ditches the Dollar The upcoming summit in October will lift the curtains on the yet-to-be-released BRICS currency. The 16th BRICS summit is scheduled to take place in the Russian region of Kazan. The bloc is now a nine-member alliance and the idea of launching a new currency will be taken consensually. The Introduction For BRICS Currency is Gaining Steam, Says Expert Source: Cryptopolitian.com An Indian financial expert Anil Trigunayat revealed that the proposal to launch the BRICS currency is gaining steam. He explained that the new BRICS currency will be a reliable alternative to the US dollar. “The proposal to introduce the BRICS currency is gainin...

Over four years ago, the United States government voted into law the Economic Impact Payments, popularly referred to as ‘stimulus check s,’ which entitled every American to financial assistance in the amount of $1,200 to help them amid the economic fallout of the Covid pandemic restrictions. Indeed, the US Internal Revenue Service (IRS) began issuing these check s in mid-April 2020 as part of the Coronavirus Aid, Relief and Economies Act (CARES Act), and some of the recipients chose to invest this money, and among these investments were cryptocurrencies like XRP. Investing in XRP Those who had chosen to invest their $1,200 check in XRP at the time would eventually come to realize that this was a lucrative decision, taking into account that the price of this digital asset had increased by over 176% since mid-April 2020 when it amounted to $0.1905. Picks for you ...

The government of Maldives confirmed that BRICS members India and China have agreed to accept local currencies for imports and ditch the US dollar. Cross-border transactions in local currencies benefit developing countries and strengthen their native economies. Maldives said that India and China will cooperate in facilitating payments for imports in local currencies sidelining the US dollar. The new import trade deal between the three nations falls in line with the BRICS idea of de-dollarization. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: 3 Ways BRICS Currency Will Affect the U.S. Dollar BRICS: Imports Between India, China & Maldives To Be Settled in Local Currency, Not US dollar Source: East Asia Forum The Maldives ’ Economic Development Minister Mohamed Saeed confirmed the development that local currencies will be used for import trade. Both India and China will accept or pay 50% of all im...