DeFi
🥛 The “war on DeFi” continues ⚔️
Today’s edition is brought to you by ZKEX.com – the multi-chain Super DEX that could one day replace your favorite CEX.
Join their “Trade to Earn” rewards campaign!
GM. It’s Milk Road, Happy Tuesday and Tom Brady RIP right next to FTX.
Here’s what we have for you today:
- The “war on DeFi” continues ⚔️
- Fantasy Top takes over crypto Twitter 🌟
- PRO “Where are we in the cycle? indicators 📊
- Revolut’s big step towards exchange 🍪
Prices start at 9:30 a.m. ET. Click here for our Fear and Greed Index
Crypto companies have been receiving Wells reviews left and right….
Coinbase. Consensys. Uniswap. You name it.
Now, Robinhood has received a Wells notice. (It becomes a badge of honor at this point.)
Here’s what the CEO had to say:
What is a Wells review anyway?
This is a notice from the SEC that usually follows a lawsuit. It’s their way of saying, “We’ve got our eyes on you.”
The SEC has intensified its crackdown on cryptocurrencies…124 accused felt the heat in 2023 (a 50% increase from last year)
The Milk Route We need crypto regulation to achieve mass adoption.
However, unnecessary and ill-informed regulation will stifle innovation and hinder projects and investors. And right now, the SEC is stricter than a 4th grade hall monitor.
When major players in the industry are forced to pay 8-figure fines, withdraw from markets, and suspend projects, companies and VCs will invest less money in crypto and/or flee from crypto altogether. American markets.
How fondly do you remember your first time… become robust?
In 2022, a unit of former CEX engineers decided to put an end to billions of dollars of scams and hacks by creating a “non-robust” crypto exchange.
Today, ZKEX.com allows traders to convert, buy, sell, mine and link any supported coin or token from any chain without riskensuring that assets are always in your care.
The secret is to use zero-knowledge proofs to secure a multi-chain trading layer across 15+ chains and rollups…
…the result is a Super DEX as powerful as a CEX, but without counterparty risk.
Deposit. Trade. Relax. Only on ZKEX.com.
Join the “Redeem to Win” pre-season rewards campaign now.*
*ZKEX.com is not available in the United States or other prohibited jurisdictions.
There’s this new app we’ve been hearing about… Fantasy Top.
*Scours social media*…see articles on Fantasy Top.
*Jumps into Discord*…sees posts on Fantasy Top.
Even the Amazon delivery guy asked me this question yesterday.
So today we are going to talk about it. Let’s start with the basics…
What is this?
Players can compete by creating lines of these digital cards, each representing a real-life influencer, and score points based on the influencers’ actual engagement on Twitter.
Here’s a quick overview of how Fantasy Top works:
- Crypto Influence Maps: Players collect and trade NFT trading cards that represent various crypto influencers.
- Creation of the programming: Players create queues with the goal of building a team of influencers who they believe will generate the most real Twitter engagement.
- Rating system : Points are awarded based on the actual Twitter engagement of the influencers represented by the cards.
- Trading and strategy: Players can trade cards on the platform, strategizing to optimize their comps as influencer popularity and engagement levels change.
- Competitions: Regular competitions or matches are organized in which teams of players compete against each other, with rewards for the most successful formations.
- Rewards: Winners of these competitions receive rewards, which may include cryptocurrencies, more valuable NFTs, or other incentives.
And Fantasy Top has been booming since its launch…
- Total trading volume: 6,876 ETH (approximately $21 million USD).
- Fees generated: 206 ETH (640,000 USD)
- Player base: 31,317 active players.
- Cash: 3,140 ETH ($9.6 million)
Fantasy Top even surpasses Solana in terms of revenue generation…. $1.4M > $1.37M over 24 hours.
The Milk Route New cycle, new heroes. The big question is will this succeed or is it the next crypto failure? Well the numbers look good so far and they have an upside this cycle….
ETH fees in previous rounds were much higher, limiting participation. Fees are now much lower. If you enjoy using the apps, you might stay longer!
How attractive does this new drop look?
A/ I’m insay less.
B/ Keep my eyes on itlet’s see if it sticks.
VS/ Nadanot my cup of tea.
Click “Reply” to let us know what Fantasy Top looks like to you!
Crypto moves in cycles, and knowing where we are in the current cycle is crucial to seizing the best opportunities.
The goal is to spot the peak of the bull market before the inevitable bear market hits your bags hard.
Since it is almost impossible to time the top perfectly, we use various indicators to give us a better chance of taking profits before it is too late.
Here are the 5 indicators we track, with a color-coded system to show how close they are to the market peak:
🟢 Lots of room to run 🏄
🟡 I’m getting closer to the high signal, but I haven’t reached the milestone yet ⚠️
🔴 We have reached the highest indicator on the market 🚨
Every Tuesday, we update these 5 indicators exclusively for PRO members.
Our advice? Don’t wait for them all to hit 🔴. It is best to take profits as they get closer to this point.
Let’s dive in and see if we are close to the top of this bull market. 👇
BECOME PRO AND UNLOCK:
- Full access to all 5 bull market peak indicators above. 👆
- Our weekly reports that help you successfully invest in cryptocurrencies. 💰
- Full access to the Milk Road PRO community. 🫂
PRO REVIEW OF THE WEEK
The Gamium platform is now officially open in beta by invitation only. It’s more than just a social token launcher: anyone can launch a social token for themselves or someone else (and trade them). Check out our review here. *
Revolut is launching a crypto trading platform for UK retail customers named Revolut X. You’re looking to compete with low fees and capitalize on their current user base.
A $130 billion asset manager is getting into Bitcoin ETFs. Hightower revealed that it purchased $68 million worth of Spot Bitcoin ETF.
GBTC records 2nd consecutive positive day of inflows.Barely this time, $4 million. Positive $217 million for all US Bitcoin ETFs.
SEC delays decision on Ethereum ETF.It’s not shocking. The SEC has set its next deadline of July 5, 2024 to approve or disapprove the proposed Ethereum spot ETF.
Wallet developer Exodus receives approval for NYSE listing. EXOD will be listed on the stock exchange this Thursday. Exodus reported first-quarter revenue of $29.1 million.
Do you want to team up with Milk Man? We currently have 5 open positions – check them out and apply here!
*this is sponsored content
ROADER REVIEW OF THE DAY
VITALIK PHOTO OF THE DAY
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and does not constitute investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Be careful and do your own research.
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
-
Tech9 months ago
The Latest Tech News in Crypto and Blockchain
-
DeFi9 months ago
🪂EigenLayer Airdrop Claims Go Live
-
News6 months ago
AI meme Raboo and crypto newbie ZRO
-
Altcoins6 months ago
Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail
-
Altcoins6 months ago
Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail
-
DeFi6 months ago
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
-
News6 months ago
Donald Trump vows to make the US a ‘Bitcoin superpower’ and create a national stockpile of tokens
-
DeFi9 months ago
TON Network Surpasses $200M TVL, Boosted by Open League and DeFi Growth ⋆ ZyCrypto
-
DeFi8 months ago
🏴☠️ Pump.Fun operated by Insider Exploit
-
DeFi6 months ago
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
-
Tech6 months ago
Logan Paul Offers Partial Refund for Failed CryptoZoo Game
-
Videos9 months ago
LIVE FOMC 🚨 Could be CATASTROPHIC for Altcoins!