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Compound And Maker Resurrects Defi Crypto In Q3; Dogemiyagi At The Forefront Of A New Wave

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Since November of last year, regulatory conditions have been a tug-of-war between favorable and negative news, with altcoins and DeFi crypto assets bearing the brunt of the damage. However, recent developments involving two prominent tokens, Maker (MKR) and Compound (COMP), have had a notably positive impact on the sector in Q3 of this year.

Newer coins like DogeMiyagi (MIYAGI) can only, for now, watch in amusement as all these events unfold. However, within the mind of this budding meme token lies a fervent hope: to stand at the forefront of a new wave. Let’s delve into the ways this ambition could come to fruition.

Altcoins’ Grand Reawakening

During the first week of June, the US Securities and Exchange Commission (SEC) labeled 68 cryptocurrencies as “unregistered securities.” Unfortunately, this announcement dealt a blow to market interest in several alternative cryptocurrencies (altcoins) beyond Bitcoin and Ethereum. This left many tokens nursing their wounds for quite some time.

Fortunately, the month ended on a high note with the registration of Ethereum and Bitcoin spot ETFs. Ripple’s triumph in its legal battle with the SEC has also been a boon for altcoins. These changes had an impact not only on significant digital assets but also on the broader digital asset environment.

Glassnode, an on-chain and financial data platform, has provided insights into the reasons behind the comeback of the decentralized finance (DeFi) sector.

 Compound and Maker: Defi Crypto’s Saving Graces

Its DeFi price index, designed to track the performance of the foremost eight DeFi tokens according to market capitalization, underwent a noteworthy surge of 56%. The key catalysts for the altcoin resurrection are two altcoins built on the Ethereum blockchain, Compound and Maker. Glassnode’s data-backed insights unveil that COMP and MKR have steered a consistent upward trajectory for nearly two months, closely correlated with Ethereum’s performance.

What Happened?

As per reports, Compound quickly increased by 30% after the protocol’s founder and CEO, Robert Leshner, submitted filings to the SEC for “Superstate.” This is a new company that will create a short-term government bond fund using the Ethereum blockchain as a secondary record-keeping tool. Then, a 20% boost followed after the announcement of the CEO’s resignation made headlines.

Simultaneously, MKR’s value increased by 43% after MakerDAO launched its Smart Burn Engine. This enhanced smart contract system uses surplus DAI to buy MKR. This boosts the liquidity of the cryptocurrency, removes $7 million worth of MKR from circulation in 30 days, and promotes demand.

Compound is a native currency of a smart contract-based DeFi protocol while Maker is a token governing a stablecoin.

New Ethereum-Based Meme Coin: DogeMiyagi

The increased interest in DeFi tokens presents an excellent opportunity for meme-inspired crypto companies such as DogeMiyagi. It is harnessing Ethereum’s powerful technology to push past traditional boundaries and usher in a new era of financial empowerment.

MIYAGI achieves this goal by using the synergistic qualities of its roadmap and profit-generating portfolio — including presale and referral program. Notably, DogeMiyagi has meticulously created watertight tokenomics that allocate asset control, with the (60%) presale accounting for the majority.

It also orchestrates a roadmap that includes NFTs, listings on Coin Market Cap and Coin Gecko, the introduction of its decentralized exchange (DEX) called Killer Swap Machine, and subsequent listings on centralized exchanges (CEX).

As the crypto world looks forward, DogeMiyagi is poised to redefine the narrative surrounding decentralized finance.

Final Say

It’s evident that Ethereum’s influence extends beyond its own blockchain. While DeFi cryptos have been impacted by regulatory clampdowns, there is a silver lining: Maker and Compound have stepped in to rescue the space.

Concurrently, although DogeMiyagi still has a long path to cover, it emerges with a DeFi use case that will contribute to the ongoing evolution of DeFi.

 

For more information on DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

The Crypto Bull Market May Not Return Until 2024; Polygon, Aptos & Elonator Are The Cryptos To Buy Now And Prepare

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The cryptocurrency market is in an interesting spot right now. Bitcoin is stagnant in the $29K range and the rest of the market is unable to produce any sort of volatility. In fact, it’s predicted that this period of stagnation will remain until 2024. Crypto enthusiasts who can’t resist the urge to buy tokens right now may be disappointed. However, fret not, this article will explain three cryptos to buy right now and prepare for the oncoming bull market.

Polygon and Aptos’ prices are down at the moment, giving you a chance to buy these tokens at a low price and get great returns on your investment when the bull market returns. Meanwhile, Elonator (ETOR) may be a smarter choice to invest in, as it is in its presale phase.

Polygon & Aptos Have Encountered The Bears

Polygon’s native token, MATIC, experienced a significant drop in prices, falling over 10% in the past week and around 20% in the past month. The layer-1 blockchain Aptos, also in a bear phase, has been oscillating between $5 and $8 over the past two months. Investors and traders see these dips as an opportunity to buy these tokens at a low price, anticipating potential profits when prices eventually rise. And there’s reason to be optimistic, as both these tokens have the potential to explode in the future.

< < Buy into the Elonator Presale >  >

Polygon is bracing itself for a major update, Polygon 2.0, the next step in the project’s journey. It comes with a new token upgrade, POL, the successor to MATIC. It also introduces an innovative in-protocol ecosystem fund called the Community Treasury.

Aptos, meanwhile, is partnering with Microsoft to work on new artificial intelligence (AI) blockchain products. This collaboration has led to the creation of the Aptos Assistant, an AI-powered chatbot that will enhance user experience and facilitate the creation of dApps and smart contracts.

Meme Coin Lovers, Put Your Stock On Elonator

Since the bull market might not return for a substantial amount of time, investing in a presale token might be the smart choice. Elonator, a meme coin based on quirky meme-loving billionaire Elon Musk, has been making waves as of late, because of its ambitious goals and innovative features. This community-centric token addresses many of the problems associated with the crypto industry, including excessive volatility, scams, and lack of liquidity.

Elonator includes a lottery system where users can participate using their ETOR tokens. The randomly selected winner gets 75% of the pooled assets, contributing to the project’s deflationary tokenomics. As a token that puts community first, Elonator organises huge prize giveaways during presale stages, fostering further engagement.

Why Should You Invest In Presale Cryptos During A Bear Market?

Investing in a presale token like Elonator during a bear phase can be a strategic move for various reasons. First of all, there’s a lower entry cost, as you can acquire a lot of tokens at a relatively affordable price. If the project ends up being successful, you can get a significant return on investment. You can get on the ground floor of a project, getting unique perks or incentives for being an early backer. Lastly, there’s reduced competition in a bear market, giving you a better chance at securing a large number of tokens. All these factors make Polygon, Aptos, and especially Elonator the top cryptos to buy now.

 

Learn more about Elonator:

Presale: https://buy.elonator.com/

Website: https://elonator.com

Telegram: https://t.me/ElonatorCoin
Twitter: https://twitter.com/ElonatorCoin

From Brazilian CBDC To UK’s Digital Pound: Why Signuptoken.com Stands Out – Redefining Finance Beyond Borders

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The financial world has been buzzing in the past few months over Central Bank Digital Currencies (CBDC). These digital currencies, backed and issued by central banks, represent a new frontier in modern banking – bridging the gap between fiat and digital currencies.

Leading the pack in this transformation is the Brazilian CBDC, which has recently been dubbed “Drex”. Amid Brazil and the UK’s CBDC leaps, projects like Signuptoken.com (SIGN) illuminate how crypto communities propel worldwide digital currency embrace.

Discover the titans shaping this evolving landscape and the remarkable transformations they bring as you explore its many facets. Are you geared up for a captivating crypto journey?

Brazil CBDC: The Rise Of DREX

From now on, Brazil’s CBDC will be called Drex. Brazil’s central bank has unveiled its official branding for the country’s central bank digital currency. This revelation came on August 7th when the Central Bank of Brazil took to the media to share its support of digital currency sharing the news about the rand evolution of its digital currency.

The DREX will have a practical impact on the lives of everyday Brazilians, especially in terms of making financial services more accessible. Brazilian central banks are preparing for a rapidly digitalizing world, and Drex represents an important step in the transformation of the global financial landscape.

UK CBDC Network: Digital Pound In Perspective

The Digital Pound represents a modern form of currency proposed by the Bank of England, intended for universal use in daily transactions. Known as Central Bank Digital Currency (CBDC), Digital Pound, or Britcoin are digital currencies that can be used both in physical and online stores.

In the UK, this CBDC is often termed the Digital Pound. Pegged to sterling, its worth would remain as consistent as traditional banknotes. Therefore, a Digital Pound of £10 would invariably equate to the value of a £10 paper note.

Signuptoken.com: The Crypto Presale Colossus

Amidst the new crypto coins are sprouting daily, and SignUp Token (SIGN) is shaping up to be the perfect token for bulls. The current presale value of SIGN sits attractively at $0.03. Given its affordable entry point and potential of high ROI that is coupled with its meme coin appeal, and burgeoning community support, SIGN can potentially explode in price. Additionally, the project’s promise of transparent, secure, and speedy transactions have put SIGN at the forefront of privacy and security.

Moreover, SignUp Token isn’t just about impressive figures and promises. Its strong social media presence indicates an engaged community and a dedication to keeping investors informed and involved.

Signuptoken.com’s 10% referral bonus and goal to become a major player in the crypto space indicate that it aims to shape the future of DeFi. Those seeking potential crypto skyrocketing post-presale, look no further.

The combination of innovative technology and a genuine focus on community sets SIGN apart in a crowded market, positioning it for mass adoption and a revolution in decentralized finance.

Conclusion

The SIGN token is a fully decentralized digital asset that has attractive tokenomics and significant investment potential as a community-focused project. Distinct from the Brazilian CBDC and the UK’s digital pound, Signuptoken.com is on the cusp of the crypto revolution. It boasts a unique narrative and is powered by an unparalleled feature set and robust community support.

Signuptoken.com focuses more on its community than market hype. By partaking in SignUp Token’s presale, you’re embarking on a journey that bridges traditional finance with the crypto universe.

The potential ROI is staggering, with early traders forecasted to see a price boost from $0.03 to $0.72 – over 2000% post-presale. If you’ve been on the hunt for a potent coin promising long-term growth, SIGN is it.

 

Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

Decoding the Impact of AVAX Token Unlock and the Enigmatic Big Eyes Infinity in the Crypto Seas

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Recent events have sparked anxiety in the cryptocurrency market. The Avalanche Foundation, a well-known blockchain platform, has revealed that AVAX Token Unlock is on the horizon, with 9.54 million AVAX soon to be released. This accounts for about 2.77% of the total supply, which equates to approximately $103 million, much to everyone’s excitement.

Lido (LDO), a platform known for liquid staking, is gearing up to release a substantial batch of 8.5 million LDO tokens in one go. Information from Token Unlocks has unveiled that Lido’s final cliff unlock, involving 8.5 million tokens, is scheduled for August 25, 2023. This step will introduce the last 0.97% of its total supply into the market, pushing its circulating supply up to 1 billion tokens.

A closer look at LDO’s daily chart has raised a few eyebrows. The MACD indicator has shown a bullish advantage in the market. Additionally, a bearish crossover has emerged in Lido DAO’s Exponential Moving Average (EMA) Ribbon. This combination increases the likelihood of a decline in the token’s price. In the midst of these intricate market dynamics, emerging projects like Big Eyes Infinity (BIGINF) are positioned to exert their influence and make their mark on the evolving landscape.

AVAX, Lido, and the Rising Tide of Big Eyes Infinity

Price instability in the cryptocurrency sector is nothing new, frequently sparked by big token unlocks. Prices may fluctuate in relation to the AVAX token unlock, which is being managed by the Avalanche Foundation and the upcoming release of Lido’s LDO tokens. A different story is told by tokens like Big Eyes Infinity in this complex dance of market forces. The presale of BIGINF is an opportunity for investors to diversify their portfolios and investigate cutting-edge initiatives, even though the arrival of new tokens has the potential to shake up the order of things.

Projects make strategic judgments about token unlocking for a variety of reasons. They can be used as platforms to acknowledge early donors, encourage involvement, or provide funding for projects related to development. Regarding the Avalanche Foundation’s AVAX token unlock, it is possible that this will increase community involvement and ecosystem participation. At the same time, a developing DeFi industry is shown by Lido’s LDO tokens, which are derived from the liquid staking platform. Balancer’s expansion into the Avalanche network is all about boosting the growth of liquid staking and providing users with a more versatile DeFi technology lineup. Amidst these shifts in the business landscape, projects like Big Eyes Infinity step forward as a shining example of the creative spirit that fuels the DeFi narrative.

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Riding the DeFi Wave

Decentralised finance (DeFi) continues to be a major factor in the ongoing growth of the cryptocurrency ecosystem. The unlocked tokens, AVAX or LDO, for example, have the capacity to have a significant impact on the DeFi ecosystem. Market participants may move their assets to DeFi platforms in an effort to participate in governance procedures and earn higher yields. Enhanced user involvement and network effects benefit DeFi technologies. Projects like BIGINF are positioned to carve out a space for themselves inside the changing DeFi and Web3 landscape in the midst of these shifts.

Investing in the Presale Era and Navigating the DeFi Frontier with Confidence

While the spotlight is on the unlocked AVAX and LDO tokens, another attractive project emerges i.e. the Big Eyes Infinity. With a limited-time presale on the horizon, BIGINF taps into the momentum of the growing DeFi landscape. BIGINF has potential as a utility coin that goes beyond its adorable kitty symbol. It grants access to the Big Eyes platform, home to the innovative 819Casino and engaging Play-to-Earn (P2E) games. The emergence of such projects underscores the transformative potential of the DeFi movement.

<< Get your Big Eyes Infinity tokens here. >>

Presale tokens, such as BIGINF, give investors a distinct advantage. Early involvement might pay off handsomely in a DeFi ecosystem that is constantly changing. Avalanche and Lido are two examples of unique projects that inspire confidence in investors. The BIGINF 1:1 Match Guarantee does the same. The possession of BIGINF may result in favourable involvement in the Big Eyes ecosystem, which will be further boosted by the introduction of the 819Casino and P2E games. The forward-thinking nature of the DeFi and Web3 landscape is embodied by initiatives like Big Eyes Infinity (BIGINF), as the crypto world watches the implications of the AVAX token unlock and Lido’s LDO token release unfold. The confluence of these factors indicates an exciting journey ahead, guiding enthusiasts and investors alike through the constantly changing landscape of decentralised possibilities.

For more information on Big Eyes Infinity (BIGINF):


Presale: https://buy1.bigeyes.space/

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Army seizes power in Gabon [video]

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This video grab taken from Gabon 24 shows Gabonese soldiers appearing on television on August 30, 2023 announcing they were "putting an end to the current regime" and the cancellation of an election that, according to official results, President Ali Bongo Ondimba won. - During the announcement, AFP journalists heard gunfire ring out in the Gabonese capital, Libreville. While announcing the cancellation of the results one of the soldiers announced the dissolution of "all the institutions of the republic". "We have decided to defend peace by putting an end to the current regime", one of the soldiers said on TV channel Gabon 24, adding that he was speaking on behalf of the "Committee for the Transition and Restoration of Institutions". "To this end, the general elections of 26 August 2023 and the truncated results are cancelled," he added. "All the institutions of the republic are dissolved: the government, the Senate, the National Assembly and the Constitutional Court," he added, announcing the closure of the country's borders "until further notice". Among the soldiers were members of the Republican Guard as well as soldiers of the regular army and police officers. (Photo by - / Gabon 24 / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / GABON 24" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / GABON 24" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS /

Gabon bows to the men on khakis. We condemn this coup just like others in Africa. The lesson here is clear: politicians MUST not rig elections, because an election rigging is a coup, with pencils and papers, and could be as devastating as using guns!

According to BBC, it does seem like Saturday’s election, in which President Ali Bongo was declared the winner, may not have been free and fair. 

And the revelation: in all these coups, the citizens jubilate because for most, whether it is democracy or military rule, humans are humans, and if the quality of life is not improved under democracy, it loses the core meaning. And this does imply that politicians must put efforts to improve societies through better governance to ensure the people are with them.

We reject coups and we call the boys to return to barracks. A new election could be organized. Africa is now in a severe crisis and its destiny looks foggy.

Twelve soldiers appeared on television early on Wednesday morning, announcing they were cancelling the results of the election and dissolving “all the institutions of the republic”.

They added that the country’s borders had been closed “until further notice”.

If confirmed, this would be the eighth coup in former French colonies in Africa in the past three years.

However, most of the others have been further north, in the Sahel region where an Islamist insurgency has led to rising complaints that the democratically elected governments were failing to protect the civilian populations.

French Prime Minister Elisabeth Borne said her country was following the situation closely, while the European Union’s foreign policy chief said a military takeover would increase instability in Africa.

“This is a big issue for Europe,” said Josep Borrell.

Meanwhile, French mining group Eramet, which employs thousands of people in Gabon, said it had stopped all work in the country for security reasons.

Comment on Feed

Comment 1: Definitely not the way forward, but this is what happens when the way forward is leading backwards as hypothesized and proven by African leaders.

Comment 2: In one of your posts on coups, I posed the question: are the military not people too?

It is only in countries where the military cadre has joined in the rape and subjugation of the will of the masses will they stand akimbo and let illegitimate governments rule because they’ll participate in the loot.

“The military are people too.”

Comment 3: Condemnations will rain in from different directions as usual, not addressing the real issues.

In truth, slave trade never ended in Africa, it was largely reformed. The African ruling class are slave traders, and their trading partners are still the same. They represent the interests of their colonial masters and not the people they purport to rule!

If you weaponise poverty and ignorance against a people, no matter how long it takes, a generation will rise up against their oppressors and demand their freedom!

We can keep condemning the men in Khaki, but the real criminals are the ones in Agbadas backed by their colonial masters.

Comment 4: You told the people that democracy gives them the opportunity to choose their leaders, and they believed. The process of choosing leaders is called election, but each time the people gather to make that choice, you either shift the goalposts or stop them entirely. So, what should the people do? Wailing and complaining don’t bring change, actions do.

The people preaching democracy are incapable of conducting decent elections, and there can be no democracy without elections. This thing is not meant to be hard or complicated, but we have proven over and over that we cannot conduct elections according the stated and agreed terms.

There’s no guarantee that the military can perform better, but politicians have consistently proved one thing: that they are utterly irresponsible. This is why the rejected keep claiming that they want to serve, and that the people want them, without proof of course.

The first question to answer is, why is conducting a credible and transparent election so difficult?

The second question to answer is, why is political governance so difficult, given that the politicians campaign on certain things and get elected to do those things?

Our honest and robust answers to these two questions will set the stage.

Comment 5: Prof …. Africans want a better life . They don’t care about your democracy. They care about good governance. They are tired of travelling through the desert for a better life . They deserve a good life.

I SUPPORT THE COUP 100% …. But for this Gabon coup I am still observing. If a coup is meant to continue to be subdued under the French rule , I disagree but if it is to put France out , I support .

Comment 6: Thank you for sharing Prof.!

Coup is never an option!

It is important that as our leaders condemn coup, they should also address the root cause – election rigging.

As they kick-against the negative end-results, they should also do the needful to ensure a free, fair, and transparent PROCESS.

Comment 7: o you believe that the unemployment rate in Nigeria is now 4.10% with millions of people still unemployed? Now, the politicians are busy dancing to these statistics implying they have done well in office in less than a few months since they assumed office which is very untrue. Honestly, I started praying for a military coup in Nigeria immediately. The lies, betrayals and dishonesty are becoming unbearable. If the military is the solution so be it, at least all of us will be calculated in the unemployment statistics which they claimed…

Comment 8:  I like the part of your post that states ‘ The lesson is clear: politicians MUST not rig elections, because an election rigging is a coup, with pencils and papers, and could be as devastating as using guns’. However, I do not subscribe to organizing new elections because election comes with huge costs usually in billions of naira which could be used to fix others issues plaguing the nations. I would rather propose that as the military seize the power, they should work out how to transfer the power to the candidate the citizens voted for. I guess this is not a rocket science. The coup will definitely continue across Africa until the politicians stop imposing themselves on the citizens. Which country is the next?? I stand for true democracy where the rule of law prevails at all times.

Comment 8: The people of Africa are happy! The politicians have embarrassed Africa and ridiculed her people for decades. May be, let there be a reset on the continent.

Comment 9: Another devastating blow to the efforts of good people in the continent of Africa. It is unfortunate that politicians have refused to read the room and understand that the people are sick and tired of their rigmaroles across the continent with nothing to show for it.

Africa is so blessed, but yet so badly governed and there comes a time they’ll be push backs just like the Arab revolution. These are human beings and not animals that you’re dealing with. Until everyone respects the constitution and abides by the rules of their elections this will keep happening.