Hold On Tight: Why You Shouldn’t Sell Shiba Inu, Bonk, and Raboo Right Now

By

-

May 31, 2024

When you hodl crypto tokens during perilous downtimes, you stand to make big gains later on. This is a general philosophy among cryptocurrency investors. And today, after several market corrections, hardcore investors find it hard to let go of meme coins- especially Shiba Inu and Bonk.

At the same time, they are betting big on new kid Raboo and eagerly adding it to their crypto portfolios. That’s because Raboo is the ultimate ‘hodl’ crypto token. It is currently still in presale but has already appreciated by an astonishing 40%. Even more, analysts predict a 100x gain before the presale ends.

Shiba Inu: A decent addition to any crypto portfolio

SHIB is a top dog-themed meme token launched on the Ethereum blockchain. It started out as a pure joke, crafted out of meme culture, with no utility apart from sharing a laugh. But today, Shiba Inu has evolved into an ecosystem of crypto lovers, with the community pushing SHIB to new highs.

Early on in 2024, SHIB had a massive price explosion, going from $0.000010 to $0.000035. Those days are gone now, as the coin currently trades around $0.00002637. Nevertheless, it has shown resilience since then. That’s why Shiba Inu investors are holding on, waiting for SHIB to bounce back up.

Bonk coin goes bonkers

Cryptocurrencies are known to be volatile assets, but no one could’ve predicted Bonk coin’s stunning rally and sharp decline. BONK rose from $0.00001473 in late April to hit a high of $0.00004115 in late May. On the monthly scale, it appreciated by 54%, which is quite impressive, given that its rally started last year.

However, Bonk coin has been seriously bleeding in recent times. BONK is down 2.54% in the last week and 8% on the daily chart. This means that investors are taking it off their crypto portfolio. Nevertheless, being a top meme coin, BONK could bounce back up in the near future.

Raboo: The ultimate hodl crypto today

The crypto tokens that stood the test of time have one feature in common: they are backed by a strong community of supporters. Raboo embodies this concept. It is backed by its own vibrant community online.

In fact, Rabbo places a lot of emphasis on community. It integrates meme culture with SocialFi and artificial intelligence to create a hub of crypto lovers. $RABT holders are incentivized with community activities that reward them with tokens and NFTs generated by the platform’s contemporary technology.

That’s why it’s the ultimate hodl crypto in the industry. It’s got tremendous meme potential, making it the best addition to any crypto portfolio. Although it’s still in presale, it has risen 40%, with experts predicting a 100x gain before the presale ends.

Add Raboo to your crypto portfolio

BONK and SHIB are popular meme coins, but the best hodl crypto today is Raboo. Crafted from proprietary AI tech, it’s got the potential to be a top crypto in the near future. For $0.0042, you can add $RABT to your crypto portfolio. Doing this puts you in the position to make substantial investment returns when it launches on exchanges later on.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official

BlockDAG Network Among The Top DeFi Picks With A $37M Presale; Attracts Polkadot and Tron Investors In Q2

By

TI Partners

-

May 31, 2024

0

The cryptocurrency scene is buzzing with activity, as Polkadot and Tron mark significant progress. Polkadot has solidified its position above $7.40, displaying strong upward momentum and steady support. Meanwhile, Tron is broadening its DeFi footprint, pulling in more users and ramping up transaction volumes. Among these, BlockDAG Network steals the spotlight with its $37 million presale success, boasting an 850% surge and a bright outlook, thanks to its strategic marketing and tech innovations, distinguishing it in the digital currency landscape.

Polkadot Price Outlook: Will DOT Hit $8.20?

Polkadot (DOT) is witnessing robust bullish trends, holding its recent gains firmly above the $7.40 mark against the US Dollar. After breaking the $7.20 resistance, it peaked at $7.69 before securing its position above $7.40 and the 100-hourly simple moving average. The main support stands strong at $7.40, with the next resistance near $7.70.

A push past $7.80 could open doors for further uplift, possibly reaching $8.20 or more. Conversely, a slip below $7.70 might drag it to $7.00 or lower. Hourly MACD and RSI indicators signal continued bullish behavior, painting a promising future for Polkadot.

TRX’s Expanding Role in Tron’s DeFi Sphere

Tron (TRX) is advancing its presence in the crypto realm. Its blockchain aims to decentralize the web and empower content creators by letting them own and control their data. Tron operates on a Delegated Proof of Stake (DPoS) system, a greener alternative to the traditional Proof of Work (PoW) models. TRX, Tron’s native token, facilitates transactions, staking, and governance on its network.

Recent expansions in Tron’s DeFi applications have attracted more users and boosted transaction activity. This growth is supported by strategic alliances and integrations that enrich Tron’s ecosystem, positioning it as a versatile and scalable solution in the digital finance space.

BlockDAG’s 850% Presale Spike: A Marketing Triumph

BlockDAG’s $37 million presale leaves an indelible mark on the crypto world. The BDAG coin soared from $0.001 to $0.0095 across 16 batches, achieving an 850% jump in a short span. This remarkable ascent, fueled by its astute marketing strategies, positions BlockDAG as a top crypto contender for 2024.

The campaign started with an engaging event at Tokyo’s Shibuya Crossing, unveiling BlockDAG’s roadmap and decentralized framework to the crypto community. This was followed by an event at the Las Vegas Sphere, celebrating the release of BlockDAG’s technical whitepaper, which addresses the blockchain trilemma of scalability, security, and decentralization.

The buzz peaked at London’s Piccadilly Circus during the celebration of BlockDAG’s listing on CoinMarketCap, projecting a staggering 30,000x ROI for early investors. These events, BlockDAG’s rollouts on prominent DeFi exchanges and the launch of a user-friendly crypto payment card, have significantly elevated investor trust. With a robust $100 million liquidity plan in place, BlockDAG’s presale journey is an epic saga.

Final Thoughts

While Polkadot and Tron continue to excel with their technological advancements and market performances, BlockDAG outshines them with its staggering $37 million presale success and strategic maneuvers. Polkadot’s positive trajectory and Tron’s DeFi expansion underscore their growth potential. Nonetheless, BlockDAG’s massive surge and innovative solutions to the blockchain trilemma highlight its potential for enduring influence in cryptocurrency. As the market evolves, BlockDAG stands out as a formidable player worth watching.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

BlockDAG Shines With $37M Presale Following The Dashboard Update As NEAR and Avalanche Prices Climb

By

TI Partners

-

May 31, 2024

0

In the bustling crypto market, NEAR Protocol and Avalanche are posting substantial gains, forecasting a bright future for their respective prices. Amidst these rising stars, BlockDAG distinguishes itself as the prime investment choice, boasting a successful presale that garnered over $37 million. A recent update to its dashboard has further refined the community experience, making BlockDAG a beacon of growth and transparency in the crypto universe.

Performance and Prospects of NEAR Protocol

Early 2024 saw NEAR crypto’s price skyrocket by 140%, peaking at $9 on March 15. Although it has slightly pulled back, NEAR stands resilient, only 12% shy of its high. Innovations by the NEAR Foundation, such as a new AI R&D lab and an incubator, are fueling excitement, aiming to position NEAR as the epicenter of AI within web3.

Future forecasts for NEAR suggest it might ascend to between $11.88 and $12.36. With its Total Value Locked (TVL) nearing a record $360 million, the outlook remains bullish despite signs of possible corrections. These AI-driven initiatives paint a positive future for NEAR, keeping analysts optimistic about its upward trajectory.

Avalanche (AVAX) Price Surge and Gaming Innovations

Recently, Avalanche’s price leaped to monthly highs of $41.07, later steadying at $40.81. Encouraging indicators, including a golden cross on the 4-hour chart and an upbeat MACD, back this ascent. Avalanche’s collaboration with Gamestarter introduces GameChain, a dedicated gaming blockchain that enriches developer engagement and user interaction through tools like GameID and GameScan, simplifying the gaming development process.

This partnership forecasts a rise in AVAX’s value, potentially reaching $60, propelled by these innovations and wider market movements. Avalanche’s robust ecosystem supports a promising forecast for its near-term growth.

BlockDAG’s Innovative Dashboard Update and Future Roadmap

BlockDAG’s impressive presale, raising over $37 million, signals strong investor confidence. The platform’s recent dashboard revamp significantly boosts the user interface and transparency. New features include Hot News, Current Rank insights, a Wallet for transactions, a Leaderboard Preview of top investors, and a Last Transactions Preview for recent activity. The Referral Screen tracks bonuses from referrals.

The dashboard ranks the top 30 investors from “Crab” to “Whale,” incentivizing greater involvement. The Transactions feature splits into My Transactions and Live Transactions, supporting a range of cryptocurrencies and allowing users to update their profiles with latest information securely.

BlockDAG’s updated roadmap outlines future developments in Blockchain Development, BlockDAG Scan (Explorer), and the X1 Miner application, reinforcing its market position. With projections of its coin value hitting $30 by 2030, BlockDAG’s strategic updates promise substantial growth, marking it as a standout in the crypto space.

Final Insights

While NEAR Protocol and Avalanche make significant-tech advancements, BlockDAG captures the spotlight with its monumental presale success and cutting-edge features. With over $37 million raised and a recent dashboard enhancement coupled with a comprehensive roadmap, BlockDAG exemplifies transparency and innovation. As one of the premier crypto gainers, BlockDAG presents an enticing investment prospect in contrast to NEAR and Avalanche, paving its way to future success in the decentralized crypto landscape.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

TikTok to Create Independent Algorithm for U.S. Market

By

Samuel Nwite

-

May 30, 2024

0

TikTok, the widely popular short-form video sharing app, is in the process of overhauling its recommendation algorithm for its 170 million U.S. users, Reuters has reported.

This effort aims to develop a version of the algorithm that operates independently of its Chinese parent company, ByteDance, to address concerns from American lawmakers who have been advocating for a ban or forced sale of TikTok’s U.S. operations.

The initiative to separate the source code was initiated by ByteDance late last year, prior to the congressional bill that demands the sale of TikTok’s U.S. assets gaining significant traction. This bill, which was signed into law in April, mandates a divestiture or ban of the app by January 19, 2025.

Sources with direct knowledge of the efforts, who requested anonymity, disclosed that ByteDance and TikTok engineers are working meticulously to split millions of lines of code. The goal is to establish a code base that is independent of ByteDance’s Chinese operations and remove any links to Chinese user data.

The separation of the code base could potentially facilitate the divestiture of TikTok’s U.S. assets, although no current plans for such a sale have been announced. TikTok has previously stated that selling its U.S. assets is not feasible due to commercial, technological, and legal challenges. This stance was reiterated in a federal lawsuit filed by TikTok and ByteDance in May, seeking to block the law that mandates the sale or ban of the app.

A U.S. appeals court has set a fast-track schedule to address these legal challenges.

The Complexity of the Task

The task of splitting the recommendation algorithm is described by sources as a complex and tedious process that could take over a year to complete. Engineers are tasked with reviewing each line of code to determine its suitability for the new, independent code base. This process involves sifting through the algorithm, originally developed by ByteDance engineers in China and customized for global markets, including the U.S.

The U.S. government, including President Joe Biden and supporters of the new law, argue that TikTok gives Beijing undue access to vast amounts of data, which could be used for spying or influencing American users. This has led to bipartisan political pressure on TikTok to demonstrate its operational independence from ByteDance.

In response to these concerns, TikTok had previously attempted to silo off U.S. user data through a project known as Project Texas, which failed to satisfy U.S. regulators and lawmakers. Now, the company is escalating its efforts to show its U.S. operations are independent, considering measures such as open-sourcing parts of its algorithm to demonstrate transparency.

One of the significant risks of this separation is that TikTok U.S. might not maintain the same level of performance without the engineering support from ByteDance’s team in Beijing. The recommendation engine’s effectiveness in engaging users is a key factor in TikTok’s popularity, and replicating this success independently could be challenging.

The legal and political battles have already had financial repercussions for TikTok. Any significant changes or disruptions to TikTok’s algorithm could impact its market performance and user engagement. But a sale of the app, including its algorithms, is highly unlikely. In 2020, the Chinese government added content recommendation algorithms to its export-control list, meaning that any divestiture or sale of TikTok’s algorithm must undergo its administrative licensing procedures.

Trump Considers Bitcoin as A Solution to The US National Debt Crisis

By

Ojukwu Emmanuel

-

May 30, 2024

0

Former President and Republican Presidential candidate Donald Trump is reportedly considering Bitcoin as a solution to the US National debt crisis.

According to an audio recorded by the Bitcoin.com News team, Bitcoin Magazine CEO David Bailey shared during an X space that in their first meeting, Trump asked if Bitcoin could help tackle the $35 trillion U.S. national debt.

In his words,

“When we met, the first thing he asked was like, ‘Hey, can Bitcoin do anything about the 35 trillion dollar debt?’ I was like, we have some ideas, but we are not talking about that in the first meeting”.

Trump’s consideration of Bitcoin as a solution to the US national debt crisis, is coming at a time when the US faces a challenging fiscal outlook that has been predicted to worsen in times ahead.

Reports reveal that the amount of money that the US Treasury has borrowed and not yet repaid to meet its spending obligations has reached a record $34.1 trillion. Government spending also exceeded government revenues by $1.7 trillion in Fiscal Year 2023.

The cost of servicing the national debt is also projected to grow to historic levels over the next decade because of higher spending and higher interest rates, which makes financing additional debt more expensive and further exacerbates the Debt Crisis.

The debt-to-GDP ratio shows the burden of the national debt relative to the country’s total economic output and reveals the United States’ ability to pay down its debt. Public debt stands today at its highest level since World War Il by 99 percent and is projected to grow even higher in the next decade.

Trump’s interest in using Bitcoin as a solution to cater to the US national debt, highlights a broader trend of increasing attention to digital currencies among policymakers. This interest underscores the need for a deeper examination of how cryptocurrencies could be effectively integrated into national economic policies.

The crypto asset has gained prominence for its decentralized nature, limited supply, and potential to serve as a hedge against inflation. However, analysts argue that its volatile price and regulatory uncertainties present significant challenges. They also state that integrating Bitcoin into national financial strategies could promote innovation and financial sovereignty, while critics caution against the risks associated with such a volatile and largely unregulated asset.

Trump’s support for Bitcoin and cryptocurrency marks a notable departure from his previous skepticism and reflects the growing influence of digital currencies in politics.

While speaking at the Libertarian National Convention on 25 May 2024, he said,

“I will ensure that the future of crypto and the future of Bitcoin will be made in the USA, not driven overseas”.

This initiative may normalize the utilization of cryptocurrencies in mainstream politics and signal a shift toward the wider acceptance of digital assets.

Hold On Tight: Why You Shouldn’t Sell Shiba Inu, Bonk, and Raboo Right Now