Dubai, United Arab Emirates, December 19th, 2024, Chainwire Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities. The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi) applications but also by the rise of emerging sectors like GameFi (gaming on blockchain) and Decentralized Physical Infrastructure Networks (DePIN). In response to these expanding needs, Marinade Finance, a prominent self-custodial staking protocol on the Solana network, has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana. Marinade enables SOL holders to automatically delegate their tokens to top-performing validators in a competitive open marketplace, optimizing yields by allowing validators to share fees directly with stakers. Strengthening Solana’s Infrastructure for a New Era SuperSol, designed to significantly enhance Solana’s scalability and performance, aims to address the growing demand for efficient and reliable infrastructure that can support the next wave of decentralized applications (dApps). With a primary focus on sectors such as GameFi, which combines gaming with decentralized finance, and DePIN, which utilizes decentralized networks for physical infrastructure, SuperSol is poised to become a critical component in the future of the Solana blockchain. The investment by Marinade Finance is seen as a crucial move to help SuperSol accelerate its development and adoption. By supporting innovations like SuperSol, Marinade is positioning itself at the forefront of the efforts to improve Solana’s Layer-1 and Layer-2 capabilities, ensuring that the network can handle the next generation of dApps and meet the increasing demand for high-performance, low-cost, and scalable solutions. The Role of Marinade Finance in the Solana Ecosystem Founded in 2021, Marinade Finance has quickly established itself as one of the most prominent players in the Solana ecosystem. The platform allows users to automatically stake SOL tokens, Solana’s native cryptocurrency, while receiving mSOL, a liquid staking derivative. mSOL allows users to earn staking rewards while maintaining liquidity, enabling them to participate in other DeFi activities without locking their assets. Through this innovative approach to staking, Marinade Finance has significantly contributed to the overall growth and decentralization of the Solana network. By providing liquidity to staked assets, Marinade enables participants to earn staking rewards without locking their assets, thereby supporting both network security and a more dynamic ecosystem for decentralized finance. In addition to its core offering, Marinade has become an active participant in broader efforts to enhance Solana’s ecosystem. Its decision to invest in SuperSol is in line with its long-term vision to support projects that aim to improve Solana’s scalability and bring real-world use cases to life. SuperSol: A Key Enabler for the Future of GameFi and DePIN The main challenge facing blockchain networks like Solana has always been the need to scale in a way that maintains high throughput while minimizing costs. Solana’s high-speed and low-cost architecture has made it a popular choice for developers, but as adoption grows and more applications are built on the network, there is an increasing need for solutions that can handle even more transactions without compromising performance. This is where SuperSol comes into play. SuperSol is a Layer-2 scaling solution that builds on top of Solana’s existing architecture to offer increased scalability and enhanced performance. By utilizing SuperSol, developers will be able to create more efficient applications, particularly in GameFi and DePIN - two sectors experiencing explosive growth. In the GameFi space, where games and financial incentives are integrated on the blockchain, the need for high-speed transactions is paramount. Traditional gaming engines often struggle to meet the performance demands of real-time, immersive environments, but Layer-2 solutions like SuperSol can help ensure that these games run smoothly and cost-effectively on the Solana network. Similarly, in the rapidly growing DePIN sector, which includes applications focused on decentralizing physical infrastructure such as networks, energy grids, and other assets, scalability is critical. SuperSol’s advanced Layer-2 architecture is designed to handle the transaction loads and data requirements of such applications, making it an ideal fit for this emerging market. A Strategic Partnership with Long-Term Impact While the financial details of the investment have not been disclosed, Marinade’s support for SuperSol is more than just a monetary contribution - it’s a strategic partnership aimed at fostering innovation and ensuring the continued growth of Solana’s ecosystem. By investing in projects like SuperSol, Marinade is positioning itself as a key player in the infrastructure and scalability efforts that will shape the future of blockchain technology. The collaboration between Marinade Finance and SuperSol is a testament to the growing synergies within the Solana ecosystem. As Solana continues to attract developers and projects across a variety of sectors, the combination of robust staking solutions and scalable infrastructure will be key to meeting the demands of an increasingly complex and diverse decentralized economy. Looking Ahead: Solana’s Continued Evolution As Solana’s ecosystem matures, the need for effective Layer-2 scaling solutions will only become more pressing. SuperSol’s focus on improving Solana’s real-time performance and scalability will help address these challenges head-on, making Solana an even more attractive option for developers and users alike. The strategic investment by Marinade Finance signals confidence in SuperSol’s vision and the potential impact it will have on the network. It also highlights Marinade’s commitment to not only providing liquidity solutions through its liquid staking protocol but also actively contributing to the broader development of Solana’s infrastructure. The partnership between Marinade Finance and SuperSol is a significant step toward ensuring that Solana remains a leading blockchain platform for years to come, able to support the growing demands of decentralized applications, GameFi, and DePIN with cutting-edge performance, scalability, and reliability. About Marinade Finance Marinade Finance is a non-custodial liquid staking protocol built for the Solana blockchain. By allowing users to stake SOL tokens and receive mSOL, a liquid staking derivative, Marinade enhances liquidity and incentivizes participation in Solana’s proof-of-stake consensus. The platform is designed to make staking more accessible and flexible while supporting the broader development of the Solana network. About SuperSol SuperSol is Solana’s first native Layer-2 scaling solution, built to optimize the network’s performance and scalability. Focusing on sectors like GameFi and DePIN, SuperSol is designed to meet the increasing demands of decentralized applications by providing enhanced efficiency, reliability, and real-time performance. SuperSol is the brainchild of Eva Oberholzer, whose impressive credentials include former roles as Chief Strategy Officer at Cardano and Chief Growth Officer at ICP. With her extensive experience in protocol development, Oberholzer recognized Solana's potential as a dominant force in the crypto world. This insight led her to tackle the ecosystem's scalability challenges, particularly in the GameFi space. By founding SuperSol, Oberholzer aims to solidify Solana's position as a leading asset class and drive the next wave of innovation in the blockchain industry. ContactFounder and CEOEva OberholzerSuperSol Labs Ltd.pr@supersol.ai Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Dubai, United Arab Emirates, December 19th, 2024, Chainwire Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities. The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi) applications but also by the rise of emerging sectors like GameFi (gaming on blockchain) and Decentralized Physical Infrastructure Networks (DePIN). In response to these expanding needs, Marinade Finance, a prominent self-custodial staking protocol on the Solana network, has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana. Marinade enables SOL holders to automatically delegate their tokens to top-performing validators in a competitive open marketplace, optimizing yields by allowing validators to share fees directly with stakers. Strengthening Solana’s Infrastructure for a New Era SuperSol, designed to significantly enhance Solana’s scalability and performance, aims to address the growing demand for efficient and reliable infrastructure that can support the next wave of decentralized applications (dApps). With a primary focus on sectors such as GameFi, which combines gaming with decentralized finance, and DePIN, which utilizes decentralized networks for physical infrastructure, SuperSol is poised to become a critical component in the future of the Solana blockchain. The investment by Marinade Finance is seen as a crucial move to help SuperSol accelerate its development and adoption. By supporting innovations like SuperSol, Marinade is positioning itself at the forefront of the efforts to improve Solana’s Layer-1 and Layer-2 capabilities, ensuring that the network can handle the next generation of dApps and meet the increasing demand for high-performance, low-cost, and scalable solutions. The Role of Marinade Finance in the Solana Ecosystem Founded in 2021, Marinade Finance has quickly established itself as one of the most prominent players in the Solana ecosystem. The platform allows users to automatically stake SOL tokens, Solana’s native cryptocurrency, while receiving mSOL, a liquid staking derivative. mSOL allows users to earn staking rewards while maintaining liquidity, enabling them to participate in other DeFi activities without locking their assets. Through this innovative approach to staking, Marinade Finance has significantly contributed to the overall growth and decentralization of the Solana network. By providing liquidity to staked assets, Marinade enables participants to earn staking rewards without locking their assets, thereby supporting both network security and a more dynamic ecosystem for decentralized finance. In addition to its core offering, Marinade has become an active participant in broader efforts to enhance Solana’s ecosystem. Its decision to invest in SuperSol is in line with its long-term vision to support projects that aim to improve Solana’s scalability and bring real-world use cases to life. SuperSol: A Key Enabler for the Future of GameFi and DePIN The main challenge facing blockchain networks like Solana has always been the need to scale in a way that maintains high throughput while minimizing costs. Solana’s high-speed and low-cost architecture has made it a popular choice for developers, but as adoption grows and more applications are built on the network, there is an increasing need for solutions that can handle even more transactions without compromising performance. This is where SuperSol comes into play. SuperSol is a Layer-2 scaling solution that builds on top of Solana’s existing architecture to offer increased scalability and enhanced performance. By utilizing SuperSol, developers will be able to create more efficient applications, particularly in GameFi and DePIN – two sectors experiencing explosive growth. In the GameFi space, where games and financial incentives are integrated on the blockchain, the need for high-speed transactions is paramount. Traditional gaming engines often struggle to meet the performance demands of real-time, immersive environments, but Layer-2 solutions like SuperSol can help ensure that these games run smoothly and cost-effectively on the Solana network. Similarly, in the rapidly growing DePIN sector, which includes applications focused on decentralizing physical infrastructure such as networks, energy grids, and other assets, scalability is critical. SuperSol’s advanced Layer-2 architecture is designed to handle the transaction loads and data requirements of such applications, making it an ideal fit for this emerging market. A Strategic Partnership with Long-Term Impact While the financial details of the investment have not been disclosed, Marinade’s support for SuperSol is more than just a monetary contribution – it’s a strategic partnership aimed at fostering innovation and ensuring the continued growth of Solana’s ecosystem. By investing in projects like SuperSol, Marinade is positioning itself as a key player in the infrastructure and scalability efforts that will shape the future of blockchain technology. The collaboration between Marinade Finance and SuperSol is a testament to the growing synergies within the Solana ecosystem. As Solana continues to attract developers and projects across a variety of sectors, the combination of robust staking solutions and scalable infrastructure will be key to meeting the demands of an increasingly complex and diverse decentralized economy. Looking Ahead: Solana’s Continued Evolution As Solana’s ecosystem matures, the need for effective Layer-2 scaling solutions will only become more pressing. SuperSol’s focus on improving Solana’s real-time performance and scalability will help address these challenges head-on, making Solana an even more attractive option for developers and users alike. The strategic investment by Marinade Finance signals confidence in SuperSol’s vision and the potential impact it will have on the network. It also highlights Marinade’s commitment to not only providing liquidity solutions through its liquid staking protocol but also actively contributing to the broader development of Solana’s infrastructure. The partnership between Marinade Finance and SuperSol is a significant step toward ensuring that Solana remains a leading blockchain platform for years to come, able to support the growing demands of decentralized applications, GameFi, and DePIN with cutting-edge performance, scalability, and reliability. About Marinade Finance Marinade Finance is a non-custodial liquid staking protocol built for the Solana blockchain. By allowing users to stake SOL tokens and receive mSOL, a liquid staking derivative, Marinade enhances liquidity and incentivizes participation in Solana’s proof-of-stake consensus. The platform is designed to make staking more accessible and flexible while supporting the broader development of the Solana network. About SuperSol SuperSol is Solana’s first native Layer-2 scaling solution, built to optimize the network’s performance and scalability. Focusing on sectors like GameFi and DePIN, SuperSol is designed to meet the increasing demands of decentralized applications by providing enhanced efficiency, reliability, and real-time performance. SuperSol is the brainchild of Eva Oberholzer, whose impressive credentials include former roles as Chief Strategy Officer at Cardano and Chief Growth Officer at ICP. With her extensive experience in protocol development, Oberholzer recognized Solana’s potential as a dominant force in the crypto world. This insight led her to tackle the ecosystem’s scalability challenges, particularly in the GameFi space. By founding SuperSol, Oberholzer aims to solidify Solana’s position as a leading asset class and drive the next wave of innovation in the blockchain industry. Contact Founder and CEO Eva Oberholzer SuperSol Labs Ltd. pr@supersol.ai
Dubai, United Arab Emirates, December 19th, 2024, Chainwire Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities. The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi) applications but also by the rise of emerging sectors like GameFi (gaming on blockchain) and Decentralized Physical Infrastructure Networks (DePIN). In response to these expanding needs, Marinade Finance, a prominent self-custodial staking protocol on the Solana network, has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana. Marinade enables SOL holders to automatically delegate their tokens to top-performing validators in a competitive open marketplace, optimizing yields by allowing validators to share fees directly with stakers. Strengthening Solana’s Infrastructure for a New Era SuperSol, designed to significantly enhance Solana’s scalability and performance, aims to address the growing demand for efficient and reliable infrastructure that can support the next wave of decentralized applications (dApps). With a primary focus on sectors such as GameFi, which combines gaming with decentralized finance, and DePIN, which utilizes decentralized networks for physical infrastructure, SuperSol is poised to become a critical component in the future of the Solana blockchain. The investment by Marinade Finance is seen as a crucial move to help SuperSol accelerate its development and adoption. By supporting innovations like SuperSol, Marinade is positioning itself at the forefront of the efforts to improve Solana’s Layer-1 and Layer-2 capabilities, ensuring that the network can handle the next generation of dApps and meet the increasing demand for high-performance, low-cost, and scalable solutions. The Role of Marinade Finance in the Solana Ecosystem Founded in 2021, Marinade Finance has quickly established itself as one of the most prominent players in the Solana ecosystem. The platform allows users to automatically stake SOL tokens, Solana’s native cryptocurrency, while receiving mSOL, a liquid staking derivative. mSOL allows users to earn staking rewards while maintaining liquidity, enabling them to participate in other DeFi activities without locking their assets. Through this innovative approach to staking, Marinade Finance has significantly contributed to the overall growth and decentralization of the Solana network. By providing liquidity to staked assets, Marinade enables participants to earn staking rewards without locking their assets, thereby supporting both network security and a more dynamic ecosystem for decentralized finance. In addition to its core offering, Marinade has become an active participant in broader efforts to enhance Solana’s ecosystem. Its decision to invest in SuperSol is in line with its long-term vision to support projects that aim to improve Solana’s scalability and bring real-world use cases to life. SuperSol: A Key Enabler for the Future of GameFi and DePIN The main challenge facing blockchain networks like Solana has always been the need to scale in a way that maintains high throughput while minimizing costs. Solana’s high-speed and low-cost architecture has made it a popular choice for developers, but as adoption grows and more applications are built on the network, there is an increasing need for solutions that can handle even more transactions without compromising performance. This is where SuperSol comes into play. SuperSol is a Layer-2 scaling solution that builds on top of Solana’s existing architecture to offer increased scalability and enhanced performance. By utilizing SuperSol, developers will be able to create more efficient applications, particularly in GameFi and DePIN – two sectors experiencing explosive growth. In the GameFi space, where games and financial incentives are integrated on the blockchain, the need for high-speed transactions is paramount. Traditional gaming engines often struggle to meet the performance demands of real-time, immersive environments, but Layer-2 solutions like SuperSol can help ensure that these games run smoothly and cost-effectively on the Solana network. Similarly, in the rapidly growing DePIN sector, which includes applications focused on decentralizing physical infrastructure such as networks, energy grids, and other assets, scalability is critical. SuperSol’s advanced Layer-2 architecture is designed to handle the transaction loads and data requirements of such applications, making it an ideal fit for this emerging market. A Strategic Partnership with Long-Term Impact While the financial details of the investment have not been disclosed, Marinade’s support for SuperSol is more than just a monetary contribution – it’s a strategic partnership aimed at fostering innovation and ensuring the continued growth of Solana’s ecosystem. By investing in projects like SuperSol, Marinade is positioning itself as a key player in the infrastructure and scalability efforts that will shape the future of blockchain technology. The collaboration between Marinade Finance and SuperSol is a testament to the growing synergies within the Solana ecosystem. As Solana continues to attract developers and projects across a variety of sectors, the combination of robust staking solutions and scalable infrastructure will be key to meeting the demands of an increasingly complex and diverse decentralized economy. Looking Ahead: Solana’s Continued Evolution As Solana’s ecosystem matures, the need for effective Layer-2 scaling solutions will only become more pressing. SuperSol’s focus on improving Solana’s real-time performance and scalability will help address these challenges head-on, making Solana an even more attractive option for developers and users alike. The strategic investment by Marinade Finance signals confidence in SuperSol’s vision and the potential impact it will have on the network. It also highlights Marinade’s commitment to not only providing liquidity solutions through its liquid staking protocol but also actively contributing to the broader development of Solana’s infrastructure. The partnership between Marinade Finance and SuperSol is a significant step toward ensuring that Solana remains a leading blockchain platform for years to come, able to support the growing demands of decentralized applications, GameFi, and DePIN with cutting-edge performance, scalability, and reliability. About Marinade Finance Marinade Finance is a non-custodial liquid staking protocol built for the Solana blockchain. By allowing users to stake SOL tokens and receive mSOL, a liquid staking derivative, Marinade enhances liquidity and incentivizes participation in Solana’s proof-of-stake consensus. The platform is designed to make staking more accessible and flexible while supporting the broader development of the Solana network. About SuperSol SuperSol is Solana’s first native Layer-2 scaling solution, built to optimize the network’s performance and scalability. Focusing on sectors like GameFi and DePIN, SuperSol is designed to meet the increasing demands of decentralized applications by providing enhanced efficiency, reliability, and real-time performance. SuperSol is the brainchild of Eva Oberholzer, whose impressive credentials include former roles as Chief Strategy Officer at Cardano and Chief Growth Officer at ICP. With her extensive experience in protocol development, Oberholzer recognized Solana’s potential as a dominant force in the crypto world. This insight led her to tackle the ecosystem’s scalability challenges, particularly in the GameFi space. By founding SuperSol, Oberholzer aims to solidify Solana’s position as a leading asset class and drive the next wave of innovation in the blockchain industry. Contact Founder and CEO Eva Oberholzer SuperSol Labs Ltd. pr@supersol.ai
El Salvador, the first country to make Bitcoin a legal tender has finally reached a deal with the International Monetary Fund (IMF) for a $1.4 billion loan. It comes at a condition of scaling down its “Bitcoin Project”. As a result, the Latin American nation has also agreed to adopt measures that will improve the country’s debt-to-GDP ratio along with improving its balance. The deal comes following four years of rigorous negotiations between the two parties. IMF Seeks Bitcoin Project Adjustments With El Salvador The International Monetary Fund (IMF) has acknowledged El Salvador’s efforts to improve the country’s fiscal situation by reducing inflation, boosting economic growth, and managing its short-term debt obligations. In the past, the country’s controversial adoption of Bitcoin in 2021 under President Nayib Bukele led to tensions with the IMF. This followed a series of credit downgrades and a decline in bond prices. However, the current deal is likely to resolve long-standing issues affecting El Salvador’s bond markets. The downside to this agreement has been that Bukele government has made concessions regarding Bitcoin. Legal reforms will make the use of cryptocurrency voluntary for the private sector, addressing concerns previously raised by the IMF. Additionally, the IMF noted that the risks associated with El Salvador’s Bitcoin project would now be “significantly diminished” in line with its policies, per the Bloomberg report . On the other hand, the Latin American country continues with its policy of adding one Bitcoin a day to its treasury. Recently, Elon Musk praised the country’s Bitcoin policy and the strategic Bitcoin reserve it has built over the past few years. Unwinding the Chivo Wallet The Latin American Bitcoin nation is willing to gradually scale back its involvement in the Chivo crypto wallet, a project launched in 2021 that has faced significant technical challenges. During its launch, Chivo offered $30 in BTC to new joiners to encourage sign-ups. Although it initially attracted over 3 million participants, the long-term adoption of the digital wallet has been a bit underwhelming. The Chivo wallet saw fewer than 2% of remittances being sent via the platform by 2022. Despite setbacks with the Chivo initiative, President Nayib Bukele has implemented a series of economic reforms, including buying back dollar-denominated bonds at a discount, restructuring pension debt, and refinancing domestic securities. Furthermore, the country welcomes new players with Bitget recently securing a license as a Bitcoin Service Provider in the country. The development comes at a time when Bitcoin is facing strong selling pressure slipping under $100K levels amid the broader crypto market crash soon after the Fed’s rate cut announcement. The post Is El Salvador Scaling Back Its Bitcoin Ambitions With IMF Deal? appeared first on CoinGape .
Donald Trump's moderate approach to cryptocurrencies after his election as US president has increased expectations of positive changes in US cryptocurrency policy. At this point, BinanceUS, the US arm of the world's largest cryptocurrency exchange Binance, said that it aims to restart USD services in early 2025 in the face of expected changes in US cryptocurrency policy. The announcement comes after regulatory pressure in the US forced the exchange to suspend fiat trading last year. BinanceUS suspended dollar deposits and withdrawals in June 2023 as a result of the SEC's lawsuits and has been operating with restricted banking access since then. “I can't yet give a firm launch date for USD trading to resume, but let me be clear: It's not a question of if, it's a question of when,” interim CEO Norman Reed said in a statement. BinanceUS said that despite regulatory hurdles, the company has maintained stable operations despite the investigation it faces over compliance and alleged financial violations. The CEO said in his statement that despite Binance.US’s restrictive activities and investigations, it continued to support 160 cryptocurrencies and provide staking services for more than 20 assets during this period, which is much more than its closest competitors. The CEO noted that BinanceUS survived the SEC’s 17-month investigation, which included numerous depositions and hundreds of document requests, and that he was confident that the SEC could not find any evidence of wrongdoing on the exchange’s part. “Now that we are alive, our goal is to help crypto thrive and provide freedom of choice to all Americans.” *This is not investment advice. Continue Reading: BinanceUS Announced Good News, Pointed to 2025 for Its Return!
The Fed’s controversial stance on upcoming rate cuts put a lot of pressure on riskier assets like crypto, and bitcoin tumbled by over eight grand within a day or so to under $99,000. The altcoins suffered even more, with massive price drops from the likes of XRP, AVAX, DOGE, LINK, and many, many others. BTC’s Crash Bitcoin’s price movements ahead of yesterday’s crash were highly positive as the asset had added more than fourteen grand from December 10 until December 17. This resulted in soaring past $100,000 and going all the way up to just over $108,000 to register its latest all-time high. Then, all eyes turned to the US Federal Reserve’s FOMC meeting, which took place yesterday. Although the central bank indeed cut the interest rates as expected by 25 basis points, Jerome Powell made a couple of statements that pushed the entire crypto market south. First, he noted that the central bank might stop reducing the rates next year. He disputed Trump’s promise that the US could start buying BTC, saying that this might not be possible. As a result, bitcoin’s price tumbled hard. It had already retraced to $105,000 after the latest peak but dumped even more to just under $99,000 as the day progressed. Although it has managed to recover some ground and now sits above $101,000, it is still more than 2% down on the day. Its market capitalization has declined to $2.010 trillion on CG, but its dominance over the alts has exploded to 54.6%. Bitcoin/Price/Chart 19.12.2024. Source: TradingView Alts in Deep Red State The alternative coins plummeted even more during the market-wide correction, with numerous double-digit price drops from the top to their respective bottom. Many have recovered some ground but are still deep in the red, such as XRP , DOGE, ETH, ADA, AVAX, LINK, SHIB, DOT, XLM, BCH, CRO, and others. According to Santiment, four of them have a good chance to bounce off and mark some impressive gains. Still, the total crypto market cap dumped from over $3.950 trillion two days ago to under $3.6 trillion during the lows yesterday evening. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Massive Price Drops From These Alts as BTC Slumped Beneath $100K (Market Watch) appeared first on CryptoPotato .
A Dutch entrepreneur recently wrote an open letter to the Government of Netherlands urging them to establish a…
The post Meme Coin Power Shift: DOGEN Dominates Winter Crypto Rallies With a 23,700% Growth Forecast appeared first on Coinpedia Fintech News A new player in the meme coin arena is making waves, defying market trends with predictions of staggering growth. Winter rallies have brought unexpected attention to DOGEN, a token that analysts say could see gains exceeding 23,700%. As investors scramble for clues, curiosity surrounds what’s fueling this unprecedented rise in the volatile crypto world. DOGEN Pumps Hard: The Strongest Meme Token Dominating Crypto Doge, Shib, and Floki will be left whimpering as the real alpha storms in. Meet DOGEN – the baddest, most bullish meme token to ever hit the market. Only the strongest, most fearless holders can tame it. Big muscles and balls of steel – that’s DOGEN. No dips, no drama – nothing but hardcore! Just moving forward to ATHs! Like it tough? Then DOGEN is the right token for you. Frogs leap away – DOGEN will show who is the boss here ! Supercharged from day one, it’s primed to explode with a 700% surge expected in the coming months. This Solana-powered beast is ready to pump out insane, thousand-fold gains await! DOGEN’s got a little something special for its hardcore believers — an airdrop ! Want in? All you gotta do is flex those social muscles, grab some tokens during the presale, and start recruiting the DOGEN army with your referral link. For every recruit, you’ll pocket a juicy 20% of the Golden Points from their token buys. And it doesn’t stop there. DOGEN’s referral game is fierce ! You’ll rake in 7% of every token your direct bros (1st level) buy with your code. And it gets sweeter — the more bros you bring, the more levels you unlock, stacking up profits like a boss. Altseason is on the horizon, and DOGEN holders will be the ones leading the charge . Wanna dominate the crypto market? Then join the DOGEN army! It’s a community for true winners who enjoy exclusive campaigns, killer perks, and the top deals in the game. Afford yourself a luxury life! Posh cars, stacks of money, and beautiful women – that’s all for DOGEN holders who don’t settle for less. Flex Hard, Earn Big – DOGEN is Your Next Power Play! Shiba Inu (SHIB): A DOGE-Inspired Token on the Ethereum Network Shiba Inu (SHIB) is a cryptocurrency that originated as a meme token in 2020. Created by an anonymous developer named Ryoshi, it operates on the Ethereum blockchain, which allows compatibility with decentralized applications. Initially launched with a supply of 1 quadrillion tokens, half were sent to Vitalik Buterin, who donated a portion to a Covid relief fund and burned 40%, reducing circulating supply. SHIB is part of an ecosystem that includes features like ShibaSwap, a decentralized exchange, and future plans for NFTs and decentralized governance. Its Ethereum-based infrastructure provides it with broader use cases compared to Dogecoin, potentially increasing its appeal depending on market trends and utility growth. PEPE Memecoin and Its Growing Popularity PEPE is a deflationary cryptocurrency based on the Pepe the Frog meme. It runs on the Ethereum network and has no transaction taxes or real utility, staying true to its memecoin nature. Released with inspiration from Dogecoin and Shiba Inu, it reached a $1.6 billion market cap in 2023. PEPE uses a burning mechanism to reduce supply and rewards long-term holders for stability. The team plans to expand through social media trends and listings on major exchanges. Its ERC-20 structure benefits from Ethereum’s security. Available on platforms like Binance and Uniswap, PEPE has attracted a strong fan base and remains a simple but notable option in the current memecoin market trend. Floki: A Meme Coin with Expanding Utility and Global Reach Floki started as a meme coin inspired by Elon Musk’s Shiba Inu dog name in 2021. It has since grown into a project with real-world uses and global goals. Its ecosystem includes an NFT metaverse game called Valhalla and the DeFi platform FlokiFi. Partnerships like NOWPayments enable FLOKI tokens for actual transactions, supported by a prepaid Floki Card. The project also focuses on charity by funding schools in places like Laos and Nigeria. Floki has earned attention for its diverse efforts and was listed by The Economic Times as a top meme coin. Its expanding scope and use cases may make it an attractive option in the current market. BONK: A Community-Driven Solana Memecoin BONK is a Solana-based memecoin featuring a Shiba Inu mascot. It seeks to redistribute influence from venture capital-backed tokens to the Solana community. Half of BONK’s initial supply was given to participants in Solana’s NFT and DeFi platforms. After being listed on Coinbase, BONK’s value surged over 100%, making it the third-largest memecoin by market cap in December 2023. Its adoption extends to decentralized apps, including BonkSwap, a new decentralized exchange. While its vast supply and memecoin volatility present challenges, BONK’s strong integration into Solana’s ecosystem and extraordinary rise of over 10,000% in 2023 highlight its potential appeal in this market cycle. Conclusion DOGEN stands out as the ultimate choice for those craving excellence and success. Backed by a 23,700% growth forecast, it aims to redefine market dominance. Unlike PEPE, FLOKI, BONK, and SHIB, which show limited short-term potential, DOGEN is crafted for winners. With a bold community and exclusive rewards, it’s primed for extraordinary gains this altcoin season. Site: https://dogen.meme/ Twitter: https://x.com/dogenmeme Telegram: https://t.me/Dogen_Portal
Crypto asset manager Bitwise has launched a Solana staking exchange-traded product (ETP) with the ticker bSOL for the European market. Marinade Finance, Solana’s fourth-largest liquid staking platform by total value locked (TVL) , will be its staking provider. The move comes after the Securities and Exchange Commission (SEC) rejected Bitwise and other prospective issuers’ 19b4 filings for spot Solana exchange-traded funds earlier this month . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Shiba Inu prepares for a moonshot as whales stockpile a 10x coin alongside Ethereum. #partnercontent