AI applications and data centers are creating a growing demand for uranium, which is now available for retail investors for the first time.

CoinTelegraph 2024-12-03 16:00

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. An unhealthy fixation on native tokens, coupled with hardware installed in areas with low demand, means far too many DePIN projects lack sustainability. Decentralized physical infrastructure networks —otherwise known as DePINs for short—are ambitious projects that represent a huge undertaking. They involve so much more than launching a flash-in-the-pan memecoin in a couple of clicks. You might also like: Unlocking the power of community: DePINs are shaping a new economy | Opinion The goal of connecting real-world assets, such as energy grids and transport networks, to blockchains is one that takes time, resources, and scale. Because of this, it’s little wonder that The Block Research suggests funding has now hit a new all-time high of $1.91 billion. Deepening interest in artificial intelligence has given the burgeoning DePIN sector another boost—but not all projects are born equal, and those that survive in this competitive landscape need to overcome sizable structural issues to reach their full potential. Transfixed on tokens One particular issue relates to the mistaken notion that startups need to launch a native token to be successful. This can be a fatal error, as it means the value of a network is tied to the wider market and macroeconomic events that are completely out of its control. Helium ( HNT ) is a good example of what this looks like in practice. This blockchain-based platform was created with the vision of cultivating a people-powered wireless internet network, meaning those who operate hotspots would be rewarded with HNT tokens. But in reality, the project’s success lay in how this digital asset launched at an opportune time—right in the middle of a huge bull run that generated FOMO among investors. Huge rises in this token’s value weren’t a reflection of this network’s resilience or how many clients it had. This essentially stripped HNT back to a mere memecoin with little utility. In fact, when you look at Helium’s annual recurring revenue, a sobering statistic emerges. Even with $1 billion worth of hardware, it would take the Internet of Things close to 1,000 years to break even. Other contenders in the space include peaq, a network that says it’s home to more than 50 DePINs. Healthy scrutiny is needed here, as it’s difficult for most blockchains to handle the transaction volumes of a single decentralized physical infrastructure network, let alone 50. And that brings us to the biggest lesson that up-and-coming DePIN brands need to learn: you don’t need a token of your own as long as rewards for users are liquid. We’ve already seen how such digital assets can even land projects in hot water, with Pollen Mobile facing lawsuits in the US after being accused of “minting coins from thin air” and flogging them for cash. DePIN delivers one of the poorest returns on capital employed across any industry on Earth—and its decentralized nature means that the financial burden is passed on to those who invest in a project rather than the founders. And for this sector to really make an impact, founders should be focusing on creating demand-driven solutions, shifting their efforts to attracting more clients rather than making their networks bigger. Let’s explain what this means in practice. Instead of adopting a “build it and they will come” model, a demand-driven approach would mean hotspots pop up in the areas where there are already paying customers who want them. India is a prime example of a market where there’s an insatiable demand for internet connectivity, but 600 million people lack access. By severing ownership from installation, a DePIN investor could purchase hardware that it is then put to use where it is actually needed—in some cases halfway around the world. Rethinking DePINs Of course, hardware is a crucial element when creating DePINs—but right now, the incentives are misaligned. Too many projects have sold equipment at inflated prices, all while becoming reliant on shifting more units to bolster their revenues. Others have allocated a share of each purchase to token burning in an attempt to make these digital assets more palatable. While this may inflate their price in the short run, it means such cryptocurrencies violate the Howey Test , which determines whether an asset is a security. Worse still, it often means that investors enter a project for all the wrong reasons—putting financial interest first instead of benefiting others. The “build it and they will come” method creates an environment where DePIN hardware lies gathering dust and unused, but aggrieved investors continue to demand a return. But generous payouts can prove unsustainable, creating high levels of apathy when rewards dwindle. Insisting on distributing compensation in the form of a volatile native token can also be exceptionally off putting to corporations, who would prefer to be paid using digital dollars instead. Going demand first means that a native token’s value is of secondary concern, and the focus can rightly return to ensuring that a DePIN does the most good. The first step is to find consumers who would benefit from this infrastructure and then ensure that hardware funded by investors goes to those who reach them. This helps generate actual revenue and means a network grows organically. When it comes to rewards, distributing revenue in the form of stablecoins can make income streams far more transparent and predictable than they are today. In the old-fashioned world of infrastructure, careful planning and research are performed before a single dollar of capital is spent. Feasibility studies examine whether an ambitious project is achievable, who it would serve, and where they are based. DePINs should follow the same approach—and put end-users at the heart of their strategy. Blockchain technology and spreading funding costs across a broader cross-section of people can be truly transformative—enabling emerging markets to finally access the technology they need to grow their economies and become more prosperous. But the DePIN projects trying to make this happen need to realize that throwing a native token into the bargain for the sake of it risks creating an unnecessary distraction that could ultimately prove harmful in the long run—and spark no end of legal and regulatory headaches. Sustainability is the name of the game here. Too much supply and too little demand will always spell disaster. But putting demand first and incrementally increasing supply along the way is a recipe for success—and should serve as the roadmap for helping the DePIN sector thrive and change the world. Read more: The people’s network: Democratizing digital infrastructure through DePINs | Opinion Author: Mike James Mike James is a co-founder and CTO of DFLX. He plays a pivotal role in building DFLX as a go-to platform for listing and investing in fixed-income NFTs tied to real world hard assets. Mike began his career at BAE Systems in the Mobile Sentry Division, providing technical expertise and development proposals for land-based radar systems, subsequently rolled into the Unmanned Air Systems department. In 2022, Mike co-founded DeFli Networks, where he was responsible for its evolving business model, directly managing 4 line reports alongside providing technical expertise. He is passionate about the integration of TradFi and DeFi to unlock the full potential of both industries.

crypto.news 2024-12-03 14:01

While the markets display optimism as pundits watch the altcoin season unfolding, a cryptocurrency whale attracted the digital asset’s community attention. The latest blockchain data shows the large-scale investor offloaded 356.2 billion Pepe tokens for 31x profits. Spot On Chain @spotonchain · Follow A whale just deposited 356.2B $PEPE ($7.3M) to #Kraken , securing a massive $7.3M profit (31x return)!On Sep 20, 2023, this whale withdrew 375.65B $PEPE from #Gemini for just $237K.By Feb 17, 2024, the whale began offloading via DEX and Kraken, allegedly cashing out $7.54M in… 8:15 AM · Dec 3, 2024 40 Reply Copy link Read more on Twitter The transaction has raised worries as it suggested that PEPE has topped after its recent surges. Notably, the massive dump comes after PEPE gained around 145% within the past month, confirming profit-taking. PEPE’s profit-booking kicks in: whale dumps billions of tokens Spotonchain data revealed the significant whale transaction. The investor sent a whopping 356.2 billion PEPE tokens, worth approximately $7.3 million, to the Kraken crypto exchange, netting 31x profits on his initial investment. Meanwhile, the asset transfer underscored the investor’s strategic investment approach. Further details show the trader initially accumulated 375.65 billion coins, worth 237K at then prices, from Gemini on 20 September 2023. Despite the small investment, PEPEs’ remarkable performance made it a million-dollar stake. Meanwhile, the whale started selling PEPE through Kraken and DEXs in Feb 2024, cashing out $7.54 million – a 310% profit – after sales completion. The whale movements show why timing is crucial in the crypto world, where players accumulate at discounted prices and sell higher for remarkable returns. Moreover, the transaction raised worries as it depicted faded trust in PEPE’s continued surges. Large-scale investors often quit before substantial retracements, which are somewhat usual after massive gains. PEPE’s price outlook The frog-themed crypto traded at $0.00002046 after a 0.60% increase within the past day. Meanwhile, bearish tendencies appear visible amid whale sell-offs. PEPE has seen a 40% dip in daily trading volume, confirming fading trader interest. The prevailing weakness emerged after the token surged 10% and 145% in the past week and month, sparking optimism. Furthermore, the markets remain positive, with all eyes on the much-awaited altcoin season. Are we in an altcoin season? While Bitcoin fails to overcome the $100,000 mark, Blockchaincenter’s data shows the crypto sector entered an alt season. The index has climbed from 23 in early November to 80 at press time. Source – blockchaincenter An altcoin season occurs when the index surpasses 75%, meaning 75% of the top 50 cryptocurrencies, excluding asset-backed coins (such as stETH & WBTC) and stablecoins, outperform Bitcoin in a 90-day timeframe. Moreover, the latest X post by Binance’s former CEO has hinted at the start or continuation of an altcoin season. CZ 🔶 BNB @cz_binance · Follow Which key is available on Windows and Linux, but not on Mac? 10:25 AM · Dec 3, 2024 10.6K Reply Copy link Read 2.6K replies While PEPE momentum has weakened due to profit-taking, broad market sentiments show any plunge will be short-lived. Data shows the crypto space is in an altcoin season, positioning alts for explosive uptrends in the upcoming sessions. Such environments will see PEPE eyeing the $0.00015100 target in the next bullish wave – an over 630% gain from current prices. The post Pepe whale offloads 350B tokens after 31x returns: what's next for PEPE price? appeared first on Invezz

Invezz 2024-12-03 13:09

Shiba Inu (SHIB) has displayed significant performance over the past few weeks. Trading at $0.00001712 early in November, the meme token soared 93% to $0.000033159 on late 1 December. The robust uptrend saw the frog-themed cryptocurrencies exploring price levels not seen over the past eight months. Subsequently, Shiba Inu’s ecosystem has witnessed robust growth, with address activity signaling improved engagements within the SHIB blockchain. Shiba Inu attracts new players On-chain analytics firm Santiment highlighted SHIB as among the altcoins seeing impressive network growths. Santiment @santimentfeed · Follow 📈 Network growth is high amongst several altcoins right now. Notably, keep an eye on XRP Ledger, Shiba Inu, and Band. On Sunday alone, we saw…📌 XRP: 22,357 New Wallets📌SHIB: 7,548 New Wallets📌BAND: 35 New WalletsAll of these network growth spikes, relatively much… 10:09 PM · Dec 2, 2024 142 Reply Copy link Read 11 replies The meme project recorded 7,548 new wallet creations after prices hit the $0.000033159 high. The upsurge matches surged engagements as the altcoin season narrative gains steam. Ripple’s XRP and Band Protocol witnessed similar trends, with 22,357 and 35 new address creations. Santiment added that the unprecedented network growth spikes highlight enhanced crowd engagement and euphoria. While increased retail activity could trigger volatile price actions in the near term, the trends suggest increased asset utility. IntoTheBlock data testifies to the increased address activity within the Shiba Inu blockchain. The project saw a 63% increase in new addresses within the past week, whereas active addresses surged by 58%. Further, zero-balance wallets increased by 62.01% in that timeframe, suggesting magnified liquidity and profit-booking after recent gains. Such trends are often visible during bull runs, confirming increased transaction volumes and speculative exits. Notably, price surges have historically followed these observations. SHIB’s price outlook The second-largest meme token by market value trades at $0.00002945, up over 70% on its 30-day chart. Source – Coinmarketcap SHIB appears to consolidate after hitting multi-month highs while still 22% up over the past seven days. Meanwhile, analysts remain bullish about SHIB’s performance. For instance, TSLA Tracker highlighted that Shiba Inu’s prevailing trajectory supports upside continuation to $0.00006937. $TSLA Tracker @SBZung · Follow I like $SHIB a lot from here: 5:54 PM · Dec 2, 2024 20 Reply Copy link Read 3 replies Such an uptrend would translate to a 136% gain from SHIB’s current prices. The indicators displayed mixed signals for Shiba Inu. The daily Relative Strength Index at 67 suggests that the asset is about to become overbought. That suggests potential retracements in the upcoming sessions. Meanwhile, the Moving Average Convergence Divergence supports bullish actions, with the MACD line above the signal line. Furthermore, SHIB’s 24-hour trading volume has plummeted by 56% to $2.70 billion, signaling waning interest from traders. Shiba Inu will likely correct after its massive upswings to 8-month highs. Nevertheless, broad market sentiments remain vital in the token’s trajectory. Cryptocurrencies exhibit significant bullishness as analysts predict an imminent altcoin season. That suggests that any declines could be short-lived, positioning SHIB for rapid rebounds upon price dips. Also, the increasing user base would be crucial in offsetting bearish tendencies and supporting stable long-term price actions. The post Shiba Inu outlook: Over 7,500 new wallets boost SHIB ecosystem as prices hit 8-month high appeared first on Invezz

Invezz 2024-12-03 12:02

Chainlink led the gainers over the past day following a remarkable 36% surge during the 2 December late trading session. LINK has presented remarkable price actions the previous month, soaring from the $11 vicinity early in November to its recent peak, representing the highest level since January 2022. Meanwhile, most of the altcoin’s gains came within the past day, with the collaboration between Chainlink and fintech firm 21X catalyzing the upside stance. Chainlink @chainlink · Follow We’re excited to announce Europe’s first tokenized securities trading & settlement system—21X ( @tradeon21x )—is adopting the #Chainlink standard.Price Feeds will underpin 21X’s trading engine & CCIP will connect it to assets across the onchain economy: 21x.eu/21x-announces-… 4:53 PM · Dec 2, 2024 2.9K Reply Copy link Read 95 replies 21X collaborates with Chainlink The Frankfurt-based firm unveiled a partnership with the Oracle platform to launch the first EU-licensed financial market groundwork for tokenized securities. Set for the Q1 2025 launch, the new infrastructure will use Chainlink’s tech stack for various functions. Moreover, it will adhere to Germany’s Federal Financial Supervisory Authority supervision. According to the announcement : 21X and Chainlink will enable on-chain secondary market price feeds for bid and ask prices on the first EU-regulated distributed ledger technology (DLT) trading and settlement system, which will be launched under the supervision of BAFin, Germany’s Federal Financial Supervisory Authority. Chainlink’s technology will help in several functions. These include ensuring access to stablecoins and assets in different blockchains, facilitating cross-chain interoperability via the CCIP (Cross-Chain Interoperability Protocol), and providing accurate and secure price data for products listed on 21X. European markets have seen increased activity as the region welcomes the comprehensive Markets in Crypto Assets (MiCA) regulatory framework. For instance, Tether halted its stablecoin operations in the EU last week , citing challenges under MiCA. Chainlink Labs’ Global Head of Banking & Capital Markets commented on the alliance with 21X, stating: We’re excited to partner with 21X and help foster the adoption of regulated blockchain-based markets across Europe. Reliability and security are paramount when transacting within controlled environments, and Chainlink’s infrastructure provides valuable support for enhancing the user experience of 21X’s tokenized securities market infrastructure. LINK price action The altcoin trades at $24.95 after retracing from the latest high, though still 26% up on its daily chart. Source – Coinmarketcap LINK’s 24-hour trading volume has jumped to $9.38 billion after an 800% increase within the past day. Thus, Chainlink exhibits massive bullish momentum, signaling continued upswings. According to the daily chart, LINK formed a symmetrical triangle setup in 2021. The altcoin has consolidated within this pattern since then, only to overcome it some days ago. The breakout indicates chances of a bullish flag formation, which might propel LINK prices to $50 in the upcoming months. That would lead to an over 100% gain from current values. However, sudden bearishness would trigger significant dips. Chainlink could dip to $18.66 and push lower to $14.9. Nonetheless, surging interest from institutional players positions LINK for robust price actions in the upcoming sessions. The post LINK price hits 2-year high as 21X taps Chainlink for EU tokenized securities appeared first on Invezz

Invezz 2024-12-03 10:41

The United States is imposing new export restrictions on China’s semiconductor industry, barring U.S. shipments to 140 companies. This includes chip equipment maker, Naura Technology Group. According to a Reuters report , the United States launched its third such major sweep on Chinese chipmaking since 2018. The new plan imposes restrictions on Chinese chip toolmaking companies such as Piotech, ACM Research, and SiCarrier Technology. The package will limit China’s progress in developing AI-related technology by limiting the transfer of advanced memory chips and additional chip-making tools. The latest effort can decelerate China’s access to technologies that would reinforce its military or compromise U.S. security. The restrictions are especially concerned with chips made to use in artificial intelligence. This also includes other advanced chipmaking equipment that use high bandwidth memory. Commerce Secretary Gina Raimondo says that this restrictive action would limit China’s semiconductor capability and therefore its military modernization. 20 semiconductor companies, two investment companies, and over 100 AI chip makers are included in the list U.S. companies including Lam Research, KLA, Applied Materials, and Dutch firm ASM International are likely to be impacted. More than 20 semiconductor companies, two investment companies, and over 100 chipmaking toolmakers are included in the list. One is Swaysure Technology, which is tied to Huawei and has already come under severe U.S. sanctions, and another is Shenzhen Pensun Technology. U.S. suppliers also now need special licenses to do business with those firms added to the Entity List. In a regular press briefing on Monday, Lin Jian, a spokesperson for the Chinese foreign ministry said these restrictions are against the norms of global trade. They will also disrupt the supply chains. He also added that China will protect the rights of its companies. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Cryptopolitan 2024-12-03 07:53

The integration requires no action from app developers and is currently live for all users.

CoinTelegraph 2024-12-02 22:57

While Enron is not connected to the recent launch of a new Enron token, other tokens associated with the name have gained attention. Read original article on coincu.com

Coincu 2024-12-02 18:02

Personalized medicine is not about a “miracle drug” that suits everyone. It is about an approach where every nuance is important: genetics, lifestyle, even the microcosm inside us. All this helps to create a treatment that works specifically for you. I wonder, how such approaches can change your health? Read on to learn about the latest advances in personalized medicine. Nanotechnology in medicine Nanomaterials have become widespread in medicine. This is understandable: the small size of the particles allows them to easily penetrate the skin and tissue. The main task of a person is to learn to control them. After all, uncontrolled nanoparticles in the human body can cause harm, not benefit. Let’s take, for example, particles of mineral dust – why not a nanomaterial? When inhaled, the particles firmly stick to the walls of the bronchi with sharp edges, causing severe lung disease. Scientists have solved this problem, learned how to model nanoparticles of the required size with specified properties. Targeted drug delivery technology using untethered microrobots. Now nanomaterials and nano-devices are widely used in diagnostics and treatment. Their importance is hard to overestimate. Targeted drug delivery technology using untethered microrobots. Source: iopscience.iop.org Targeted drug delivery systems have been created based on nanocapsules. Such capsules are made of a material neutral to the body, in which drugs are placed. The well-known drug ABRAXANE® for cancer treatment from Bristol-Myers Squibb Company (USA) was created according to the same principle. Nanocapsules are also used for targeted delivery of drugs for skin diseases and as part of nanogels for the transfer of stem cells. Pinpoint drug delivery reduces the toxic impact on healthy tissues, increases the effectiveness of the drug and accelerates recovery. Nanotechnology has made a real breakthrough in diagnostics. Thanks to nanoparticles, doctors can determine the disease at a lower molecular level, diagnosing the disease at the earliest stage. This is especially important for cancer. Nanoparticles are designed so that they bind to tumor biomarkers and become visible during examination. Thus, the disease is detected at the earliest stage. Nanosensors are successfully used in express tests for the early and rapid diagnosis of diabetes, heart attack and infectious diseases. Holographic technologies RealView Imaging Adopts Intel® RealSense Technology for HOLOSCOPE-i Holographic Augmented Reality Medical System. Therapeutic lasers help treat inflammation and speed up metabolism. But their capabilities do not end there: they are also used to create holographic images of internal organs. Holography is the process of recording and restoring three-dimensional images that are effectively used in minimally invasive surgeries and detailed examination of internal organs. This technology allows you to create and visualize volumetric holograms in space. One of the developers of such methods is RealView Imaging, an Israeli startup that develops applications for medical imaging. The system allows you to create online interactive three-dimensional images based on angiography and ultrasound data. RealView Imaging technology receives ultrasound, CT or MRI data and reconstructs this data in three-dimensional space, creating a hologram that a specialist can work with. Holographic technologies are successfully used in volumetric surgery . They reduce the rehabilitation period after interventions, improve the quality of treatment and the effectiveness of procedures. Virtual reality Due to the effect of full immersion, metaverses create the feeling that everything is happening in reality – this is exactly what is needed for medicine. Source: ourmetaversetimes.com The emergence of #metaverses can take medical practice to a new level. Telemedicine is one of the most promising areas for the use of virtual reality technologies, where extended consultations can be carried out. Metaverses are able to create the impression of reality due to the effect of deep immersion, which makes them ideal for such purposes. Doctors and patients can meet in a virtual office, using digital doubles for diagnosis and treatment at a distance. Metaverse Virtual Space (MVS) by Lado Okhotnikov for medicine and healthy lifestyle Lado Okhotnikov, CEO of Holiversе, the creator of the #Metaverse Virtual Space (MVS) metaverse did not stop at creating virtual reality. The company develops unique DNA-based avatars — digital models created by analyzing the human genome. The process begins with obtaining a sample of the user’s genetic material. This is usually done by swabbing the inside of the cheek. The sample is then sent to a lab for analysis. The lab sequences the entire genome. The genome consists of 3.5 billion base pairs, which represent the code for #DNA. This data is analyzed using artificial intelligence algorithms to compare the user’s unique genetic profile with databases of how the human body works at a molecular level. This reveals individual characteristics of the user, including their metabolism, potential susceptibility to various diseases, and even aging patterns. This information is used in conjunction with photos provided by the user to create a personalized digital avatar. A digital avatar is a mathematical model with many variables that predict how the body will respond to various life conditions, including diet, exercise, supplements, and medical interventions. The avatar will also be able to display changes in the user’s appearance over time, taking into account the impact of lifestyle on aging and health. Lado Okhotnikov continues to explore the possibilities of the virtual world in interaction with reality. He believes that investments in this area will benefit humanity: the technology for creating digital avatars will help avoid fatal errors during clinical drug trials and surgical interventions. According to him, these avatars are designed, among other things, to help the user better understand their body and make the right decision about treatment. Fundamental Surgery by FundamentalVR for surgical modeling and training An example of a successful combination of virtual and real is the Fundamental Surgery platform from the British company FundamentalVR, which specializes in VR technologies. The platform allows you to perform various operations in a safe environment, using haptic system and interactive elements. This helps surgeons improve their skills and prepare for real operating conditions without risk to patients. The company provides training and support to doctors in more than 30 countries. Fundamental Surgery allows doctors from all over the world to meet, consult patients, teach and learn new medical technologies. Brain — computer interface Brain-computer interface (BCI) is a technology developed at the beginning of the 21st century, which has received a new impetus for development along with #VR, #AI and other computer technologies. BCI allows you to control electronic devices with your thoughts. This field of science explores the possibilities of direct communication between the human brain and external devices, such as computers, robots and medical equipment. The development of this technology will open up new opportunities in medicine, entertainment and everyday life, providing people with alternative ways of interacting with the world around them. This tool is especially promising for people with disabilities. With the help of thought, people will be able to control objects, devices and communicate with other people. Health and longevity are one of the main priorities of our society. We have considered only a small part of the technologies that will help a person to prevent and treat diseases. But we must not forget that technologies are just tools in the hands of a person and they must be treated wisely and responsibly. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Top Health Technologies to Watch: DNA Avatars from Holiverse by Lado Okhotnikov, Bristol-Myers Nanocapsules, and RealView Ultrasound Innovations appeared first on Times Tabloid .

TimesTabloid 2024-12-02 01:22

Altcoins record impressive gains as all eyes shift to the anticipated “alt season” amid declining Bitcoin dominance. Meanwhile, the artificial intelligence sector appears early to the party. While BTC consolidated around $96K in the past few days, Theta Network’s (THETA) price climbed to 12-month peaks. Further, the AI experiment iDEGEN continues to grab the crypto community’s attention with its unique approach. The one-of-a-kind project joins the digital space with zero data and relies on X, formerly Twitter, crypto community to learn everything. According to iDEGEN’s official website : Every time someone tweets at iDEGEN, its AI absorbs the data, using it to learn, adapt, and then tweet every hour with no moderation or trading guardrails. It will also respond to every Tweet. iDEGEN virility comes as the crypto market awaits a massive bullish wave, especially in the altcoin market. 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 @el_crypto_prof · Follow #Altcoins I think it is now confirmed:2 year trendline of $BTC . Dominance has finally been broken to the downside (monthly chart).Altcoin season next imo.The ultimate signal would be the 3W bearish cross in the MACD. 8:59 AM · Dec 1, 2024 387 Reply Copy link Read 25 replies THETA skyrockets after securing support Theta Network, an L1 platform and decentralized groundwork for AI, entertainment, and video use cases, steals the show with exciting price moves. Theta Network price rallied to a 1-year peak of $3.08 within the past day after claiming a solid support zone at the $2.28 mark. The uptrend propelled TETHA’s market cap to $3.10 billion – a 35% surge – whereas its daily trading volume jumped 4500% to $680 million. The token trades at $2.88, up 25% on its daily chart. Meanwhile, the robust trading volume signals amplified trader activity, suggesting continued uptrends. The 50% price surge within the past week saw THETA surpassing crucial resistances at the $2.40 – $2.50 range, suggesting a colossal uptrend. Source – Coinmarketcap Moreover, derivatives markets show more traders are executing THETA positions, with the Open Interest up 76% to $109 million. Analysts forecast continued upswings for Theta Network. World of Charts highlighted a potential descending triangle breakout, which could trigger surges to $9. That would translate to a 213% gain from current prices. Why consider iDEGEN? IDEGEN could be the perfect project for individuals looking for the hottest segments in the cryptocurrency market. Artificial intelligence agents are gaining rapid popularity as they usher in web4 in the crypto market. Goatseaus Maximus introduced the trend and rallied to surpass $1 billion after prices climbed 7,000% within a week. GOAT secured a listing on Binance – the leading crypto exchange – after remarkable performance. Meanwhile, iDEGEN looks to eclipse anything seen in the crypto so far. Its presale has created a buzz, with over 375 million coins sold so far. iDEGEN’s dynamic pricing The Solana-based token’s adaptive auction changes every five minutes according to real-world demand. The value surges 5% amid active buying and dips 5% amid dull actions. The approach has proven lucrative in driving FOMO. IDEGEN’s price has skyrocketed 7,390% from the $0.00011 initial price to $0.00824 at press time. The project witnesses unwavering demand, testified by its fast-paced pre-market sales ($1.38 million raised so far). Amid the ongoing experience, it’s becoming clear that the unconventional approach to AI, learning from the community, is attracting massive capital and attention. You can learn more about iDEGEN here . The post THETA and iDEGEN lead AI narrative as Bitcoin’s dominance signals looming alt season appeared first on Invezz

Invezz 2024-12-01 19:17

By focusing on more collaborative models for fundraising, founders can feel empowered while ensuring their projects have the support they need.

nft.news 2024-11-30 14:01

Orange announced a partnership with Openai and Meta to develop AI models that understand African languages. Mitigating the Growing Digital Divide Orange, the French telecoms giant, announced on Nov. 26 that it will partner with Openai and Meta to fine-tune artificial intelligence (AI) large language models (LLMs) to understand African languages. Orange said the custom

Bitcoin.com 2024-11-29 23:40