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Showing posts from April, 2024

Cilinix Crypto Reviews 5th Scape, an AR/VR Gaming Platform Approaching $6 Million in Presales

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Cilinix Crypto reviewed 5th Scape, a platform that claims to be changing the way people view, interact with, and benefit from gaming, highlighting its high potential for return on investment for buyers. By seamlessly blending these technologies with blockchain, 5th Scape has created a robust play-to-earn platform that’s attracting the attention of the crypto community due to its timely focus on the widespread popularity of virtual games. 5th Scape massive presale success and a vision for the future 5th Scape has already generated impressive traction in its ongoing presale, raising over $5.6 million with a target of $6.2 million. The project’s unique proposition as the first AR and VR ecosystem aimed at connecting brilliant minds across the globe has resonated well within the crypto community. With a presale token price of $0.00327 and a planned listing price set at $0.01, early investors are looking at a potential increase of 205% in value, a testament to the project’s promising f

Top 5 Meme Coins For Possible 100X Returns – $SLOTH, $SHIB, $WAI, $TREAT, $DOGEVERSE

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While meme coins come with inherent risks, delving into this market can provide an exciting and potentially profitable opportunity to expand your investment portfolio. Despite their allure, investors should approach meme coins with caution, conducting thorough research and understanding the speculative nature of these assets. While some may capitalize on the high-risk, high-reward nature of meme coins, others may find themselves exposed to substantial financial risks if not careful. Therefore, this piece includes a list of the top 5 meme coins for possible 100X returns, along with their distinctive Features and their potential to yield high returns in 2024. Slotahana (SLOTH) Slothana, drawing inspiration from the internet sloth meme, has garnered widespread attention during its Initial Coin Offering (ICO). The project strategically timed its presale to coincide with the recent Bitcoin halving, a period historically associated with bullish trends in the cryptocurrency market. This

Ethereum and Altcoin Capitulation Approaching Amid ‘One Final Push’: Analyst Benjamin Cowen

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A widely followed crypto analyst believes that Ethereum (ETH) and other altcoins are on the verge of a major market correction. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that Ethereum against Bitcoin (ETH/BTC) may be making one final move to the upside before a market capitulation. “In order for confirmation of [bullishness], you would need to see ETH/Bitcoin get above its bull market support band and then start holding it as support. And if you don’t see that, then I still think it’s just going to be yet another lower high that everyone once again got excited about that ultimately resolved to the downside.” Source: Benjamin Cowen/X The analyst also says ETH and alts may be repeating a similar pattern from the last cycle when the TOTAL3 chart, which tracks the market capitalization of all altcoins minus Ethereum and stablecoins, suffered a severe correction against Bitcoin. “Last cycle, the ETH/Bitcoin capitul

BRICS: China Dumps $74 Billion in US Treasuries

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BRICS member China is dumping billions worth of US treasuries as the Communist nation is looking to abandon the dollar. The US Treasury Department published the latest data that shows China offloading nearly $74 billion in treasuries in 2023 alone. The development adds pressure on the economy at a time when BRICS aims to end reliance on the US dollar.  Also Read: Trump Unveils Plan To Crush BRICS , Boost US Dollar Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. China decreased its US Treasury holdings from $849 billion to $775 billion between Q2 of 2023 to Q2 of 2024. Therefore, BRICS country China dumped a staggering $74 billion in US treasuries in the last 12 months. It has now reached its lowest holdings since 2009 at the time BRICS  was formed. Also Read: BRICS Conducts $260 Billion Worth Trade Without the US Dollar China & Other BRICS Countries Dumping US Treasuries Source: AFP Apart from China. other 

American Coin Price Prediction: USA Surges 30% As This Red Hot ICO Rockets Past $12 Million

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The American Coin price surged more than 30% in the last 24 hours to trade at $0.000006266 as of 5:50 a.m. EST as investors rush to buy the altcoin. This surge in USA’s price is a continuation of the crypto’s impressive performance over the past week, with the altcoin up more than 144% in the last 7 days. The American Coin Price Breaks Through Multiple Resistance Levels 4-hour chart for USA/USD (Source: TradingView ) The American Coin price managed to break above both the $0.000004740 and $0.000005484 resistance levels over the last 12 hours. Traders are now attempting to boost the crypto above the next major barrier at $0.000006163. Overcoming this obstacle could clear a path for the American Coin crypto to keep climbing in the short-term. However, a rejection by the $0.000006163 mark within the next 12 hours might invalidate this bullish thesis. In this alternative scenario, USA could be at risk of correcting to the recently-breached $0.000005484 point. Continued sell pressur

Crypto Trader Invests In The Three Best Crypto Presales Of 2024

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Looking ahead to 2024 and beyond, the outlook for crypto presales in the industry appears increasingly optimistic. In his comprehensive review, analyst and trader Cilinix Crypto delves into the intricacies of three crypto presales he personally invested in, positioning them as the top ICOs of 2024. Each presale represents a strategic choice, backed by thorough Analysis and market insight. Backed by inventive initiatives, committed communities, and growing market adoption, these coins are positioned to challenge convention and reshape the crypto investment scene. Dogecoin20 (DOGE20) Dogecoin20 represents a progression of the Dogecoin concept, emphasizing sustainability and enabling individuals to stake it for rewards. Developed as an ERC-20 token on Ethereum, it introduces staking while maintaining ties to Dogecoin. The official website offers the contract address for token claiming. $DOGE20 is already listed on platforms like DEX Screener, DEXTools, and Uniswap, garnering over 21

Cardano Stabilizes Above $0.46 As Bulls Stop The Slide

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Apr 27, 2024 at 10:03 // Price Author Coin Idol The price of Cardano (ADA) is moving in a range below the moving averages. ADA price Analysis by Coinidol.com. Long-term forecast for Cardano price: bearish The negative trend has stopped above the support level of $0.43 after reaching a low of $0.40. Cardano is now trading above the current support of $0.43 but below the moving average lines or resistance at $0.51. The moving average lines are currently holding back the upside as the ADA price hovers above the $0.46 support level. Should the bears break the

BONK Surges 13%: Here's How High It Will Go This Week!  BONK Surges 13%: Here's How High It Will Go This Week! 

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In the latest market rebound, Solana -inspired meme coin BONK has surged 13%, ushering in profits for its holders. The token has surged nearly 13% in the last 24 hours, taking the market by surprise. BONK has lately been underperforming in terms of price recovery. The surge noted helped the token’s price skyrocket to $0.0000256.  Nearly all Solana-based meme coins have been delivering stellar performances this bull cycle. By noting a 13% surge in its price, BONK is now predicted to reach new price milestones, possibly heading over to establish a new ATH.  Also Read: Cryptocurrency: 3 Newly Launched Meme Coins That Can Surge 200% By April End BONK Weekend Forecast Source: Inside Bitcoins BONK has lately been at the center of market attention and activity. The token has noted a sharp rebound of nearly 77% in the past seven days, trading at $0.0000256. After the Bitcoin Halving event, the token has been holding steady ground, poised to hit new price highs.  JUST IN

ConsenSys Sues The SEC To Prevent It ”Arbitrarily” Expanding Its Jurisdiction Over Ethereum

Blockchain software firm ConsenSys filed a lawsuit against the US Securities and Exchange Commission (SEC) because of its “unlawful power grab” in regulating Ethereum as a security. ConsenSys argued that the SEC lacks the authority to regulate global peer-to-peer networks, and says its regulatory overreach with ETH and other crypto commodities is unlawful. Today, Consensys took an important step towards preserving access to ether and by extension the Ethereum blockchain in the U.S. We are suing the SEC and fighting back against its overzealous regulatory overreach. You can find more of my thoughts here: https://t.co/VmvOsrCxjw… https://t.co/5IubZo69FW — Joseph Lubin (@ethereumJoseph) April 25, 2024 The firm also argues that the SEC had previously classified Ethereum as a commodity, and noted that the Commodities Futures Trading Commission (CFTC) asserts authority over Ethereum by overseeing derivative products linked to Ether. The SEC has been reframing its authority over ETH, r

Shiba Inu: Robinhood Enables SHIB Trading In New York

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Robinhood, one of the most popular cryptocurrency exchanges, has finally added Shiba Inu (SHIB) to its list of assets available to clients in New York. Apart from SHIB, the exchange has included Compound (COMP) and Avalanche (AVAX) for its New York clients. Now, we’re in New York! Concrete jungle where dreams are made of! All you Shibas in and around the Big Apple can now trade $SHIB on @RobinhoodApp https://t.co/nvNH01MVgf — Shib (@Shibtoken) April 24, 2024 SHIB was initially listed on Robinhoon in 2022, about two years ago. However, the asset was unavailable to all clients due to regulatory concerns. Despite being a global financial hub, New York was one such region where clients could not trade SHIB. Also Read: Shiba Inu: Whale Wallet Moves 3 Trillion SHIB Tokens, Here is Why Robinhood is a popular exchange among Shiba Inu (SHIB) fans and investors. The platform currently holds about 42.123 trillion SHIB, worth around $1.06 billion.  Will Shiba Inu (SHIB) rall

Opportunity or warning sign? Only 35% of Cardano holders in profit

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Although the recent bull market in the cryptocurrency sector has brought on massive profit s for investors in many crypto assets, Cardano (ADA) remains a mystery, with only 35% of its holders in the green – leaving traders to wonder whether this is an opportunity or a warning sign. Specifically, Cardano stands out among several top Layer 1 networks, including Bitcoin (BTC), Tron (TRX), Dogecoin (DOGE), Ethereum (ETH), and Avalanche (AVAX), with just over a third of its holders in profit, according to the recent data shared by blockchain analytics platform IntoTheBlock on April 24. Holders profitability on top Layer 1 networks. Source: IntoTheBlock Indeed, as the blockchain platform’s analysts explained, “Bitcoin remains king,” with Tron “being a close second,” while Dogecoin and Ethereum “also have the vast majority of holders in profit ,” which makes Cardano a curious exception to the recent trends and a profit ability puzzle. Picks for you Sell alert: Death cross

Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

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The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has  risen  steadily over the past few years. Surprisingly, revenue accrued by the platform (compared to staking rewards distributed) remains comparatively low.  Lido Finance Revenue Isn’t Growing As Fast As Expected Looking at Token Terminal data shared on October 19, the blockchain analytic platform observed that while staking rewards paid, counted as “fees” by Lido Finance grew from less than $10 million in early 2021 to over $60 million in June 2023, revenue has grown at a much slower pace. To illustrate, Lido Finance’s average revenue is roughly less than $5 million during this period. Lido Finance fees versus revenue| Source: Token Terminal Overall, Lido Finance is a liquidity staking protocol that supports the staking of multiple proof-of-stake (PoS) coins like Ethereum (ETH) without necessarily locking them up. Users can concurrently

Filecoin and Dogecoin price dips shock investors; is Rebel Satoshi arcade the next opportunity?

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Filecoin slumps 22% in a week, but experts expect bulls to resurface soon. Dogecoin plummets 20% in a week, and analysts believe the downtrend will persist. Rebel Satoshi’s $RECQ captures investor interest with its rapid presale growth. Top altcoins like Filecoin (FIL) and Dogecoin (DOGE) remained red over the past week. As a result, investors have started shifting to tokens with an upward trajectory. This explains why the Rebel Satoshi (RECQ) token has become a top investment alternative among many crypto enthusiasts. Will $RECQ continue eclipsing Filecoin and Dogecoin? Continue reading to discover. Filecoin (FIL) plunges 22% in a week Filecoin has performed poorly over the past seven days. FIL opened trading on April 12 at $8.05. However, the crypto market experienced a flash crash the same day, and FIL failed to withstand the bearish sentiment. The resulting downtrend saw FIL trade as low as $5.10 on April 14. In a positive turn, FIL rebounded after Fi

Dogecoin Price Continues Recovery And Finds Support At Over $0.14

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Apr 24, 2024 at 11:14 // Price Author Coin Idol The price of Dogecoin (DOGE) is moving in a range but remains below the moving average lines. Long-term forecast for the Dogecoin price: bearish The altcoin had previously fallen to a low of $0.128 before the bulls bought the dips. Selling pressure has eased as bulls have halted the decline above the $0.14 support level and resumed consolidation. DOGE is trading above the $0.14 support but below the moving average lines. Once DOGE breaks above the moving average lines or the $0.18 level, the uptrend will resume