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Could OFFICIALMAGACOIN.COM, BITCOIN, and SOLANA Turn $100 Into $1 Million?
THE OFFICIALMAGACOIN is rapidly emerging as a top contender in the crypto market, with predictions of 2,000% growth potential before 2025. While major tokens like Bitcoin (BTC), and Ethereum (ETH) have strong use cases, THE OFFICIALMAGACOIN sets itself apart as the most exciting opportunity for exponential value creation. Here’s why this token is dominating the conversation. Why THE OFFICIALMAGACOIN Stands Out 1. Limited Supply Creates Scarcity With a total supply capped at 100 billion tokens, THE OFFICIALMAGACOIN ensures scarcity that fuels long-term value. Unlike BTC and LTC, which have slower growth due to high circulation, this token’s deflationary model guarantees increasing demand. 2. Exclusive Availability Unlike UNI and DOT, which are available on multiple exchanges, THE OFFICIALMAGACOIN is sold exclusively at OFFICIALMAGACOIN.COM . This exclusivity gives early adopters an edge and keeps the token’s growth stable and controlled. 3. Unparalleled Growth Potential Analysts project that THE OFFICIALMAGACOIN could deliver returns of up to 2,000%, thanks to its early-stage momentum and community-driven development. While Bitcoin and Polkadot are well-established, they can’t match the rapid trajectory of this groundbreaking token. 4. Investor Demand at Record Levels Raising $1,000,000 within minutes of its presale launch, THE OFFICIALMAGACOIN has proven its appeal. Investors recognize its potential to redefine the market, driving interest far beyond what UNI, BTC, or LTC have recently seen. How THE OFFICIALMAGACOIN Compares Uniswap (UNI): A strong DeFi platform but lacks the exclusivity and demand-driving scarcity of THE OFFICIALMAGACOIN. Polkadot (DOT): Reliable for interoperability but cannot match the early-stage explosive growth seen here. Bitcoin (BTC): A store of value, yet its market maturity limits growth opportunities compared to THE OFFICIALMAGACOIN. Litecoin (LTC): Known for efficiency, but it hasn’t captured the market excitement that this new token has. Secure Your Tokens Today THE OFFICIALMAGACOIN offers unmatched features and exponential growth potential, making it the standout crypto of 2025. With limited availability and overwhelming demand, now is the time to act. EXCLUSIVELY AT WWW.OFFICIALMAGACOIN.COM CLICK HERE to secure your tokens exclusively at OFFICIALMAGACOIN.COM Website: officialmagacoin.com X/Twitter: https://x.com/officialMAGAx Continue Reading: Could OFFICIALMAGACOIN.COM, BITCOIN, and SOLANA Turn $100 Into $1 Million?

BitcoinSistemi 2025-01-30 00:00
BlockDAG’s X1 App Breaks Records with 500K Active Users! DOGE Price Shows Resilience as BNB Completes 30th Token Burn
BlockDAG, Dogecoin, and BNB Chain are currently making waves in the crypto world. Each platform is showcasing unique features that draw attention from crypto enthusiasts. BNB Chain’s significant $1.16 billion token burn is reinforcing its scarcity-driven value growth. Dogecoin continues to attract attention with its strong community and widespread use, despite facing some market fluctuations. However, BlockDAG (BDAG) stands out in a big way, especially with its X1 Miner App. The app has already attracted 500,000 users by making crypto mining more accessible and simple. BDAG’s presale has seen an impressive 2380% surge, with its value increasing from $0.001 to $0.0248. With analysts predicting a $1 target, BlockDAG is positioning itself as a frontrunner in the crypto space, offering one of the most exciting growth opportunities in the market. BNB Chain Removes Over 1.6 Million Tokens BNB Chain has recently completed its 30th quarterly token burn, removing a total of 1.6 million BNB tokens from circulation. The burn process included 1.52 million BNB tokens directly eliminated and an additional 110,000 BNB tokens removed via the Pioneer Burn Program. This program ensures that BNB tokens, which cannot be recovered from validators, are not wasted, providing an extra layer of efficiency to the platform. BNB’s deflationary nature, supported by regular burns, continues to add value to the token by creating scarcity. This ongoing process may potentially increase BNB’s value in the future as the circulating supply is reduced. Dogecoin Price Stays Strong Despite Market Fluctuations Dogecoin (DOGE) has faced a slight dip in its price, down by 3.16% to $0.3476, following the broader market trend. Despite this recent decline, Dogecoin has shown signs of resilience, with the price holding steady around key support levels. Analysts are closely watching the $0.3452 price point as a potential rebound zone. The Dogecoin market is also seeing healthy participation in futures trading, with a high level of open interest. In the last 24 hours, a significant amount of Dogecoin futures have been traded, reflecting strong market confidence. Dogecoin remains in the top 10 digital currencies by market cap, and it continues to enjoy year-to-date growth of 14%. This solid backing from its community and its growing range of use cases make Dogecoin an interesting option for those seeking crypto with stability in an ever-changing market. Half a Million Users Pick BlockDAG’s X1 Miner as Analysts Predict $1 Price BlockDAG’s X1 Miner App is shaking up the crypto mining scene, attracting over 500,000 active users. This growing user base highlights the popularity of BDAG coins and shows just how accessible crypto mining has become with BlockDAG. The X1 Miner App stands apart due to its user-friendly design. Unlike traditional mining which requires expensive hardware and technical skills, the X1 Miner App makes it possible for anyone with a smartphone to mine crypto. Whether on iOS or Android, users can mine up to 20 BDAG coins daily, simply by tapping once every 24 hours. Thanks to its easy-to-use interface, this app has made mining accessible to a much wider audience. Users no longer need to worry about high entry costs or complex setups. Instead, they can mine effortlessly using just their mobile device. BlockDAG’s presale success has further fueled excitement. The presale saw an incredible 2380% value surge, climbing from $0.001 to $0.0248. With predictions pointing to a $1 value, this is a prime opportunity for those looking to mine and collect BDAG coins before their price rises even further. Final Thoughts BNB Chain’s strategy of burning tokens regularly supports its long-term value, while Dogecoin’s strong community keeps it relevant in the market despite fluctuations. But BlockDAG stands out as the most exciting opportunity with its focus on accessibility and rapid growth. The X1 Miner App has made mining available to everyone, attracting 500,000 users so far. BDAG’s presale surge of 2380% signals its potential to hit the $1 mark, making it a crypto to watch closely. With its user-driven approach and massive growth potential, BlockDAG is set to lead the way in the crypto space. Whether someone is looking to mine or simply stay ahead of the latest trends, BlockDAG offers the best chance for growth. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG’s X1 App Breaks Records with 500K Active Users! DOGE Price Shows Resilience as BNB Completes 30th Token Burn appeared first on TheCoinrise.com .

The Coin Rise 2025-01-30 00:00
Ethereum price will stick below $3.5K until these 3 things happen
It will take more than Ethereum’s upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why.

CoinTelegraph 2025-01-30 00:00
The Protocol: Movement Labs Develops Dev Mainnet
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: Movement Labs rolls out dev mainnet Cardano hard forks to decentralized governance SSV DAO unveils SSC 2.0 Musk pushes blockchain in government Network News MOVEMENT LABS ROLLS OUT DEVNET: Blockchain firm Movement Labs has deployed a developer mainnet to advance its goal of bringing Facebook (META)'s Move Virtual Machine (MoveVM) to Ethereum. The developer mainnet's launch will begin the deployment of Movement's core infrastructure and allow selected partners to start implementing decentralized finance (DeFi) protocols, according to an emailed announcement on Tuesday. The release follows the initial mainnet launch of Movement in December and precedes the planned public mainnet beta release next month. Move was developed as a part of Facebook's ill-fated digital currency project Diem, which was shelved at the start of 2022 . The technology was also used to create the Sui and Aptos layer-1 networks. Movement Labs, with the help of a $38 million Series A funding round led by Polychain Capital , is extending the programming language to an Ethereum layer 2 for the first time. Coinciding with the public mainnet's deployment, Movement will also unveil a multi-asset liquidity program to provide the foundation for decentralized finance (DeFi) applications. Read more. CARDANO HARD FORKS TO DECENTRALIZATION: Proof-of-stake blockchain Cardano was due to switch to decentralized governance Jan. 29 after the Plomin hard fork takes effect, Cardano Foundation, a non-profit organization backing the project, said on X. "The Plomin hard fork takes effect, marking the transition to full decentralized governance. ADA holders gain real voting power – on parameter changes, treasury withdrawals, hard forks, and the blockchain’s future," Cardano Foundation said . "[It's] A milestone in blockchain governance." Cardano's ADA token changed hands at 93 cents at press time, up 1.4% on the day, according to data from CoinDesk and TradingView. A hard fork is a non-backwards compatible change to the blockchain's programming. The Plomin hard fork needs Stake Pool Operators to upgrade their nodes and approve the upgrade with a 51% vote. As of last week, nearly 80% of nodes had elevated to the new version. Read more. SSV DAO 2.0: The SSV DAO, the decentralized autonomous organization behind the decentralized staking protocol SSV Network , unveiled a new framework, called “SSV 2.0,” allowing applications to make use of “based” technology by leveraging Ethereum validators. SSV 2.0 will be the most ambitious project for the SSV Network, according to a press release shared with CoinDesk, and will bring based applications (bApps) to Ethereum. “Based” applications, especially “based rollups,” are a new type of technology attracting the attention of Ethereum developers as it allows for better interoperability while improving the security of networks on top of Ethereum. Based rollups specifically can be seen as a solution to the many layer-2 networks on Ethereum today, which have caused much fragmentation across the space. By leveraging “based” technology, those protocols or applications can “base” their security and execution operations off of Ethereum’s layer-1 validator set. Currently, layer-2 networks use “sequencers” to order transactions and post those back to Ethereum. Sequencers are criticized for being single points of failure. By using layer-1 validators to do the execution and security work, networks can avoid the downfalls of using centralized sequencers. Ethereum developers agree that based rollups allow for better interoperability in the network. Ethereum ecosystem members have gathered over the last few weeks to find ways to solve this issue, and based rollups are seen as a major breakthrough for that. Now the SSV Network will also tackle these issues by bringing applications with based technology to Ethereum. Read more. MUSK PUSHES BLOCKCHAIN: in his role leading the new Department for Government Efficiency (D.O.G.E.), Elon Musk suggested that using a digital ledger would be a cost-efficient way to track federal spending, secure data, make payments and manage buildings, according to people familiar with the matter. Several representatives of public blockchains have met with affiliates of D.O.G.E., the people said. The department was created in response to the federal government’s spending of $6.7 trillion in fiscal 2024, which Musk in October called “wasted” money . He promised the department — whose acronym is a nod to Musk’s favorite cryptocurrency, dogecoin (DOGE) — would slash the figure to at most $2 trillion. Given the department’s name and Trump’s determination to establish crypto-friendly policies in the U.S., Musk’s plan to incorporate blockchain technology doesn’t come as a surprise. In addition to creating D.O.G.E. on Jan. 20, Trump signed an executive order to create a working group on digital assets led by venture capitalist David Sacks with a mandate to identify all regulations that currently touch crypto within 30 days, among other things. Read more. Money Center XRP Strategic Reserve Ripple’s Brad Garlinghouse has ignited a debate about a putative national crypto reserve, saying “I believe it should be representative of the industry, not just one token (whether it be BTC, XRP or anything else)." Bitcoiners hope it will be a bitcoin-only reserve. DeepSeek Hits Tokens China’s answer to ChatGPT has sent prices for AI tokens tumbling . Regulatory and policy Electronic Frontier Foundation calls for dismissal of the long-running Tornado Cash case , which pits developers of the mixer software against the U.S government. Calendar Jan. 30-31: PLAN B Forum , San Salvador, El Salvador. Feb. 1-6: Satoshi Roundtable , Dubai Feb. 19-20, 2025: ConsensusHK , Hong Kong. Feb. 23-24: NFT Paris Feb 23-March 2: ETHDenver March 18-19: Digital Asset Summit , London May 14-16: Consensus , Toronto. May 27-29: Bitcoin 2025 , Las Vegas.

CoinDesk 2025-01-29 23:59
Dogecoin and Solana Holders Switch Allegiances After This New Altcoin Steals The Attention Of The Crypto Market
According to analyst Ali, Dogecoin could be on the cusp of an impressive price move that might ignite a significant short squeeze. If Dogecoin's price rebounds to $0.35, $766.45M in short positions will be liquidated. The liquidation could significantly impact Dogecoin's price movement going forward. Similarly, Solana’s price stabilized on January 28, erasing some of the losses experienced on Monday when Bitcoin and other altcoins crashed. The SOL token faces different catalysts that could push its price even higher in the longer term, including Grayscale's filing for Solana and Litecoin ETF launch and the potential inclusion into the Strategic Bitcoin Reserve. The move comes as investors are now considering the Remittix(RTX) presale, which has seen significant milestones, including a price rally to $0.0456 and presale funding of over $9M. Dogecoin Rally to $0.35 Might Trigger Massive Short Squeeze The up-to-date liquidation heatmap suggests hefty short positions between $0.3397 and $0.3436. It also emphasizes the value of understanding high liquidity areas since they serve as magnet areas where big players or whales seize the chance to execute sizable trades, with the magnate zone sitting just below the $0.35. Liquidations play a crucial role in the crypto market and rapidly influence price swings when traders with significant leveraged positions are forced to close out. Moreover, Ali’s analysis of the Dogecoin price aligns with the overall technical analysis , which suggests that the DOGE token might be at a make-or-break juncture. Meanwhile, the price of Dogecoin remains above its crucial 0.32 Fib retracement, a support level that has been preventing further dips during the latest market sell-off. On the upside, the 0.5 retracement level at $0.394 remains a key level. A sustained recovery near this threshold could spark greater bullish confidence, with potential resistance emerging around the $0.476 and $0.592 region if Dogecoin regains enough uptrend force. Solana Price Target If It Enters The SBR Despite the Solana price dip, which led to the spread of fear within the crypto market, the SOL token has stabilized to hover above the $235 region . This recent rebound also mirrored that of most altcoins as Bitcoin surged to $103K. The recent rally in Solana’s price has been attributed to several factors, including a recent SOL overtake of Ethereum in fees, which has collected over $220M this year. Moreover, the Grayscale filling of Solana ETFs and the odds that the SEC will approve SOL ETFs rising to 86%, according to Polymarket, have also propelled the token price. This move could lead to over $6B in fresh institutional inflows. Technical indicators suggest that the price of Solana has more gains ahead. The SOL token has remained above its rising trendline, which links the lowest swings since November 2023. The SOL price has also moved past a key support level of $210, which was its March 2024 highs. Moreover, Monday’s crash also led to a small hammer candlestick pattern, a popular bullish reversal signal. Therefore, the inclusion of the Strategic Bitcoin Reserve could allow the SOL token to cross its ATH high, with the next target being the $500 level. Remittix (RTX): The Next DeFi Project Seeking to Capitalize On Cross-Border Payments Remittix (RTX), a PayFi altcoin, addresses cross-border transfers with its near-instant crypto-to-fiat system, freeing users from the hidden fees and tiresome processes associated with traditional processes. Rather than working through corporate deals, Remittix (RTX) opens its door to anyone looking for cheaper and faster conversions, setting it apart from competitors like Wise, Stripe, and Coinbase. Moreover, Remittix's capability to seamlessly facilitate crypto-to-fiat transactions directly to banks is something that its competitors have failed to achieve. With a transparent flat-fee model, Remittix will ensure recipients receive the amount sent without hidden charges like foreign exchange wires or conversions. This feature has positioned Remittix as the most cost-effective alternative to traditional banking systems. Beyond payments, Remittix also introduces the Pay API, allowing businesses and freelancers to accept crypto payments from customers and settle them in fiat to any bank account globally. Its merchant account gives businesses complete control over their cash-outs in over 30 fiat currencies and 50-plus crypto pairs, enhancing operational flexibility. This has already seen the RTX token raise over $9 million in presale funding. Moreover, its price has surged to $0.0456 as early investors hope to capitalize on its growing momentum. Remittixalso has a 30% running Trump Bonus that will end soon. Which Is The Best Crypto Investment for 2025? DOGE, SOL, Or RTX Dogecoin is set to liquidate $766.45M once its price hits the $0.35 level, a move that could significantly impact the future price movement of the DOGE token. Solana is also targeting the $500 level backed by incoming ETF approval and inclusion in the Strategic Bitcoin Reserve, as Remittix’s Trump Bonus attracts more presale investment to surpass the $9 million milestone with a price rally to $0.0456. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community

Crypto Daily 2025-01-29 23:55
Elon Musk knows how to hold a grudge – Sam Altman beware
Elon Musk, the eccentric but undeniably influential CEO of Tesla and SpaceX, has recently found himself at odds with some influential figures in the financial and tech space, notably Sam Altman of OpenAI and Nicolai Tangen of Norway’s sovereign wealth fund. He denied a dinner invitation from Nicolai after the stakeholder in Tesla torpedoed a bonus package that would have earned Musk $56 billion at the time. Since then, the $56 billion package has grown to be worth around $100 billion based on current valuations. This is definitely bad news for Sam Altman, OpenAI, and the Stargate Project in collaboration with the US government. No one knows the full extent of Elon Musk’s influence in the current administration, but he appears to have free reins at the US Department of Government Efficiency (DOGE), where he is exploring using blockchain technology to boost transparency and also offering jobs to memecoin creators. Dispute with Nicolai Tangen Musk isn’t one to shy away from disputes and is very vocal and firm in his positions, even at the expense of professional relationships. He recently declined a dinner invitation from Nicolai Tangen, CEO of Norway’s $1.7 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM). In Musk’s words, “When I ask you for a favor, which I very rarely do, and you decline, then you should not ask me for one until you’ve done something above nothing to make amends,” adding that “friends are as friends do.” NBIM is a majority shareholder in Tesla, and it voted against Musk’s substantial compensation package in June 2024. The $56 billion package is now worth about $100 billion. NBIM had said it was “concerned about the total size of the award, the structure given performance triggers, dilution, and lack of mitigation of key person risk.” Tensions with Sam Altman Musk, who also co-founded OpenAI, has been openly critical of the organization’s shift towards a for-profit model under Sam Altman’s leadership. However, the move only further strained a fractious relationship between the two tech entrepreneurs. Both of them were put in an awkward position when President Donald Trump announced a $500 billion AI infrastructure project, which is being facilitated by a joint partnership between OpenAI, Oracle, and Softbank. Musk publicly questioned the financial viability of the project, particularly Softbank’s ability to fund the project, saying “SoftBank has well under $10B secured. I have that on good authority.” Altman refuted his claim and invited Musk to visit the project’s initial site in Texas. Just as Musk told Nicolai not to expect any favors from him when he had previously declined his own request, Altman should not expect any support or smooth sailing of OpenAI’s involvement in the Stargate project. Musk is an adviser to the President, bankrolled his campaign, and now heads the government agency responsible for cutting down government costs. One could assume he has the authority to be a stumbling block in OpenAI’s involvement in Stargate. Already vocal about his disapproval of the project, largely due to OpenAI’s involvement, Musk could potentially use the powers of his DOGE office to severely cut down government funding or impose stringent regulatory requirements on the project. However, Altman remains optimistic that this won’t be the case, saying, “I may turn out to be wrong, but I believe pretty strongly that Elon will do the right thing.” For now, President Trump seems to be playing the mediator role to perfection, downplaying the significance of the dispute between them and attributing it to personal differences. In his words, such conflicts are “just business.” Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet - Download Now

Cryptopolitan 2025-01-29 23:55
SEC Solicits Public Comments on Proposed Canary Litecoin ETF, Paving Path for Potential Approval
The U.S. Securities and Exchange Commission (SEC) is making strides toward potential approval of the Canary Litecoin ETF, an important milestone for cryptocurrency ETFs. This proposal represents a significant moment

CoinOtag 2025-01-29 23:53
Fed chair calls for Congress to move on crypto ’regulatory apparatus’
Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.

CoinTelegraph 2025-01-29 23:53
Spanish Court Investigates Binance for Alleged Misappropriation of €67,550 as Legal Challenges Mount
A Spanish judge is probing Binance for allegedly misappropriating €67,550 from an investor who claims he was unable to access his funds. The plaintiff, identified as “JL,” has ten days

CoinOtag 2025-01-29 23:51
The Dawn of PolicyFi
Are we witnessing the dawn of PolicyFi? In an earlier article on why memecoins matter , I argued that memecoins are ushering in a new era of civic engagement by forming speculative markets in which citizens are able to trade coins tied to government policies. I suggested that holder distributions and market caps in those markets would signal popular support for underlying policies to lawmakers, who would then take them into account when crafting public policy, fostering a new form of political dialogue between citizen and state. I called this dynamic PolicyFi and presented it as a constructive use of memecoins. With the Trump administration coming into office and the President-Elect and First Lady launching memecoins , it is a good time to ask if we are entering the PolicyFi era and, if so, whether we should welcome it. I believe the answer to each of these questions is yes. The convergence of a meme administration, a meme citizenry and meme advocacy has created fertile conditions for PolicyFi and, perhaps counter-intuitively, for better policy making. Meme Admin, Meme Citizenry, Meme Advocacy PolicyFi requires the installation of meme-sensitive government actors, or a “meme admin.” In the original piece, I suggested that the incoming administration fit the bill because it understood and respected the power of memes. When I wrote that, I was thinking mainly of Elon Musk and his affinity for dogecoin but also of Trump’s own adeptness at creating and harnessing memes on the campaign trail and while in office. Admittedly, the President-Elect’s issuance of his own Solana memecoin ( Trump ), soon followed by his wife’s ( Melania ), a few days before he took the oath of office surprised even me. (I suspect the timing was driven by concerns over the Emoluments Clause .) The Trump memecoins immediately soared, draining liquidity from every crypto ecosystem and almost breaking the Solana blockchain. If you are a crypto-native, you will always remember where you were when the President-Elect and soon-to-be First Lady announced the launch of their memecoins. The Trump coins sharply divided the crypto industry. But, more importantly for present purposes, they put beyond doubt that Americans had elected a “meme admin” that was prepared to engage with financialized memes, and was therefore more likely to engage with them while in office. The Trump coins contributed another essential ingredient for PolicyFi: the en masse onboarding of the citizenry to memecoins and, in particular, political coins. The stats around the Trump and Melania memecoins, which were explicitly marketed as a form of political expression, are staggering and telling. Most holders were new retail buyers. Around 50% had never bought a Solana altcoin (i.e. tokens on the Solana blockchain excluding SOL and stablecoins) before. Nearly half of buyers created their wallets on the day that they purchased the tokens, and more than 80% of Trump and Melania holders hold less than $1,000 worth of assets on Solana , further suggesting retail popularity. Many of these meme recruits seem puzzled about what to do next with their crypto. (I expect they’ll figure it out.) Alongside this meme admin and meme citizenry is the proliferation of more (and more innovative) policy-focused memecoins. Many of the policy memecoins that I mentioned in the original piece, such as D.O.G.E. (Department of Government Efficiency) and SBR (Strategic Bitcoin Reserve), attracted substantial trading volume as the new admin took office and investors began to speculate on its initial policy steps. Read more: Ivo Entchev - Why Memecoins Matter However, these policy tokens are still relatively primitive from the perspective of PolicyFi because they place more emphasis on attention flows or prediction (like a prediction market) than on engagement with government actors. Another token, MILK , fits the PolicyFi thesis better. The express purpose of the MILK meme token is to change U.S. food policy to allow for the sale of unpasteurized milk. The MILK community advances that tangible policy position through its token holdings (2,000 people hold MILK), the market cap of the token (as high as USD $1M) and the community’s production of MILK memes on social media (constant). In an era of PolicyFi, we would expect to see a Cambrian explosion of tokens in the mold of MILK. A Dialogue with Leviathan The expression of political will through meme policy markets is necessary but not sufficient for PolicyFi. Governments must also begin conversing with those markets when crafting policy. We may be seeing early indicators of this as well. President Trump has long viewed public markets and especially the stock market as a barometer of his performance and has tried to satisfy them. More recently, he has adopted a similar stance towards the price of bitcoin (which is itself a brand of financial policy) and is doubtless monitoring the price of his own memecoin, which represents the majority of his net worth on paper. Other members of the political establishment from Elon Musk to Senator Cynthia Lummis (R-WY.) have engaged with memes that bear on government policy. Policymakers have yet to engage with narrowly prescriptive memecoins, such as MILK. If this were to change, I would expect it to arise in disruptive areas that have spawned more general memes, such as government efficiency (e.g. D.O.G.E.), industrial policy (e.g. e/acc) and health policy (e.g. MAHA). Is PolicyFi Good for Governance? Assuming we are advancing towards PolicyFi, is that a good thing? There are a few strong reasons to believe that it is. First, introducing speculative markets into government decision-making improves the quality of the most important input in decision-making: information. Speculative markets can process a large volume of information by motivating people to acquire it, share it via trades and crystallize it into consensus prices that persuade a wider audience. A form of government known as “ futarchy ” leverages speculative policy markets specifically towards improving information flows within government and overall policymaking. Second, PolicyFi creates positive externalities, in the form of civic engagement and education, despite being driven by greed. Indeed, anyone hoping to make money in PolicyFi will need to become an expert on how the government works, how policy is made, and which emerging policies are undervalued and why. It is difficult to imagine a stronger incentive for ordinary Americans (who are already prodigious sports gamblers) to engage constructively with politics. The PolicyFi degen is, paradoxically, a model citizen. Third and finally, PolicyFi is engaging an expanding class of citizens who are internet-native and accustomed to expressing himself through speculative markets. That was the citizen drove the GameStop frenzy , which was about income inequality and sticking it to Wall Street, just as it’s currently driving the price of memecoins like SPX and Fartcoin , which lampoon traditional finance. In short, public financial markets have become the medium of ridicule, satire and political expression for a new generation that would much rather buy a memecoin or send a stock to the moon than write their congressman. A common objection to PolicyFi markets is that they are susceptible to manipulation by our enemies. This is a concern but perhaps not as big as assumed. The same argument was applied to Polymarket, the permissionless prediction market that consistently favored a decisive Trump win in the election. Despite the strong incentive for foreign interference, Polymarket was not only the best barometer of voting sentiment leading up to the election but also the best predictor of election results, affirming the information processing-power of speculative markets. My aim here is not to advocate for PolicyFi, or to be an apologist for memecoins in general. However, I believe memecoins represent a powerful viral capital formation technology that matters and will impact a range of domains, including politics. I will be watching closely, and so should you.

CoinDesk 2025-01-29 23:48
Cardano’s Plomin Hard Fork Goes Live, Ushering in On-Chain Governance
Cardano, the layer-1 blockchain launched in 2017 by Ethereum co-founder Charles Hoskinson, activated its highly anticipated “Plomin” upgrade on Wednesday, ushering in the ecosystem's long-awaited move towards a decentralized governance system. With the Plomin upgrade now live, ADA token holders will be able to shape Cardano's future, including voting on treasury measures and hard forks. Plomin comes just four months after Cardano implemented the “Chang” hard fork , which put in place many of the mechanisms that went into effect on Wednesday. (Hard forks are major updates made to a chain that render older versions of that blockchain as obsolete). The biggest change coming to Cardano with Plomin is the full implementation of Delegate Representatives (dReps), who will vote on governance issues on behalf of ADA token holders. Previously, Cardano's three founding entities—the Cardano Foundation, Input Output Global (IOHK) and Emurgo—were in charge of governance changes and triggering chain upgrades. Moving forward, the keys they held and those responsibilities are delegated to new Cardano governance groups. Ahead of Plomin, Stake Pool Operators needed to upgrade their nodes and approve the upgrade with a 51% vote. As of this week, roughly 85% of nodes were with the new version, allowing the network to proceed with the changes. As for what’s next with Cardano, the community is already tackling a series of new issues to implement. “In short, we want to make Cardano faster, we want to add some privacy preserving features and we want to add more utility for developers,” said Giorgio Zinetti, CTO of the Cardano Foundation, in an interview with CoinDesk. “So the development will be what the community wants.” Read more: Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance

CoinDesk 2025-01-29 23:47
The Best New Meme Coins with 100X Potential: BTFD Coin Is the Next Golden Opportunity After Pepe Coin’s Success
Remember the hype around Pepe Coin during its ICO? People were lining up to get in, but let’s face it—some folks blinked and missed the boat. Fast forward to today, and Pepe Coin has exploded, becoming one of the hottest meme coins to date. Those who didn’t get in during the ICO are now left rethinking their decisions, watching as the price skyrocketed and the early investors are celebrating their timely investments. It’s that classic “if only I had known!” moment. Enter BTFD Coin—one of the best new meme coins with 100X potential on fire right now! While people are still wishing they had grabbed Pepe Coin during its presale, BTFD Coin’s presale is heating up and there’s still time to join before it officially launches. As of today, over $5.78 million has been amassed, and more than 68 billion $BTFD coins have already been handed out. Plus, there’s a super exciting feature that sets BTFD Coin apart from the rest: the referral program . It enables you to earn big rewards simply by sharing the love and bringing others into the presale. You’ll get the chance to dive into that juicy detail a little later, but first, here’s a little background on that missed opportunity with Pepe Coin and how BTFD Coin could be your next golden ticket. Pepe Coin’s ICO: One for the Crypto Books The Pepe token came out of nowhere, and its ICO was nothing short of a fireworks show. Launched in April 2023, the coin quickly gained a cult following, largely due to its meme-heavy appeal, being already famous on the internet, and the surge in popularity of meme coins. By the end of its ICO, Pepe Coin raised millions of dollars, and the price soared to wild levels almost instantly after hitting the market. The Numbers Don’t Lie Launch Price: $0.0000013 per coin Peak Price: $0.00002803 (recorded last December) Current Market Cap: Over $ billion While early investors are sitting on massive gains, many missed out due to either not understanding the opportunity or, honestly, not believing in meme coins back then. For those who missed out, the FOMO is real. But don’t fret, this doesn’t have to be your fate, because BTFD Coin is ready to steal the spotlight. BTFD Coin: The Next Best New Meme Coin with 100X Potential Whether you’ve heard about it or are just diving into the meme coin scene, BTFD Coin is shaking things up. It’s currently in its 14th stage of presale, having already raised over $5.78 million, with more than 68 billion $BTFD coins sold. More than 9,800 investors are already on board, and the presale momentum is only getting stronger. But you need to learn all about that referral program—because this is where things get interesting. Here’s the lowdown: Extra Tokens for Your Friends: Anyone who uses your code to buy $50 or more will get an extra 10% BTFD tokens on top of their purchase. Leaderboard Rewards: If you make it into the top 20 on the leaderboard by the end of the month, you’ll receive a 10% bonus in BTFD tokens based on the total amount raised by your referrals. Just connect your wallet, share your unique referral code, and watch your $BTFD count go up with each passing day! Why BTFD Coin Could Transform Your Passive Income Game Get into the numbers game with a simple investment example: Say you throw down $1,000 at today’s price of $0.00016. Here’s how your potential 100X gains could play out: If the price hits $0.0006 upon listing (a 3.75x increase), your $1,000 investment will grow to $3,750 —a nice return! If BTFD Coin hits $0.006 (a 37.5x increase), your $1,000 will further explode into $37,500 . Yes, you read that right. The potential here is huge. BTFD Coin has already proven to be a crowd favorite, and with its referral rewards program, it’s making waves across the meme coin world. It also features a rewarding P2E game, staking with a 90% APY , and more. Conclusion: BTFD Coin Is Your Next Big Shot at a 100X Meme Coin If you missed Pepe Coin’s ICO, you have another shot at something massive with BTFD Coin. With its explosive presale success, a built-in referral program to earn extra tokens, and a community already over 9,800 strong, this is one of the best new meme coins with 100X potential you’ll find right now. Don’t let this opportunity slip by like Pepe Coin’s ICO—join the BTFD Coin presale today and start earning rewards! Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post The Best New Meme Coins with 100X Potential: BTFD Coin Is the Next Golden Opportunity After Pepe Coin’s Success appeared first on TheCoinrise.com .

The Coin Rise 2025-01-29 23:45

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