DeFi
US Senator No Longer Supports Elizabeth Warren’s Anti-Crypto Bill as Whales Flock to These 5 DeFi Coins – Times Tabloid
In an unexpected turnaround, the Republican senator Roger Marshall has retired his support for an anti-crypto bill he helped create alongside Senator Elizabeth Warren in 2022. So, the cryptocurrency market has seen some big moves recently and whales are starting to gravitate towards exciting DeFi projects.
In particular, five different piecesDTX Exchange (DTX), Avalanche (AVAX), Chainlink (LINK), Aave (AAVE), and THORChain (RUNE) have garnered a lot of attention. While most of them are well-established DeFi cryptocurrencies, DTX Exchange is a star of the Phase 2 presale that has surged 100%. Market analysts suggest that this rookie could become the next 50x DeFi cryptocurrency in 2024.
DTX Exchange (DTX): One of the Most Promising New DeFi Projects
The new sensation in the DeFi market is DTX Exchange (DTX). It has already raised $1.1 million in its pre-sale and is expected to reach $2 million by August 2024. Even big influencers like Legends of Cryptography YouTube users have taken notice, with some claiming that DTX Exchange’s hybrid trading model could revolutionize online trading as we know it.
This model combines aspects of CEX, such as greater liquidity with over 120,000 asset classes like forex, stocks, and cryptos, with those of DEX, such as no KYC checks required for listing. Such a privacy-focused system would likely attract millions of traders. Additionally, traders will benefit from transaction speeds as fast as 0.04 seconds, which is a significant advantage over its competitors.
The DTX utility token is the backbone of this ecosystem. Holding this DeFi coin will bring you many benefits, such as access to advanced analytics tools, reduced trading fees, and governance voting rights. Additionally, there will be a $1 million giveaway, where ten lucky people who bought $100 worth of DTX during its presale will walk away with $100,000 each.
Currently, the price of this DeFi cryptocurrency is $0.04 as it is in Phase 2 of its presale. This is a 100% increase from its starting price of $0.02. However, its value will increase by 50% once Phase 3 begins. For all these reasons, market analysts predict a 50x increase for DTX once a Tier 1 CEX lists it in Q3 2024, making it the top DeFi cryptocurrency for many whales.
Avalanche (AVAX): a rally in sight
Next, whales are taking notice of Avalanche (AVAX), a powerful force in the DeFi market. Over the past 12 months, Avalanche’s price has increased by nearly 120%, according to CoinMarketCap DataCrypto analyst Blockchainedbb says this bullish trend will continue. His post X predicts a potential rise to $90 in 2025.
The technical analysis of the Avalanche crypto confirms this statement. For example, AVAX is trading above its 100-day EMA with ten green technical indicators. As a result, experts in the cryptocurrency space predict a rise to $39 before the end of Q3 2024 in their Avalanche price prediction.
Chainlink (LINK): New Wenia Integration
Chainlink (LINK) is another major DeFi project that has been in the headlines recently. Notably, Chainlink Announced Wenia, part of the Bancolombia Group, is now using Chainlink Proof of Reserve to secure its COPW stablecoin. This development is a significant milestone for Colombia in the digital asset landscape.
The value of Chainlink cryptocurrency has surged by almost 80% in the past year alone. This DeFi coin is trading above its 100-day and 200-day EMAs while having four technical indicators in the buy zone. Due to all these bullish news and indicators regarding Chainlink, experts predict that it will trade at $18 during the third quarter of 2024.
Aave (AAVE): Introducing a New Tokenomics Proposal
Aave (AAVE) has also attracted the attention of whales in the DeFi market. Recently, Aave revealed a new temporary check for a tokenomics proposal that will include a fee change and a token buyback program.
This bullish news from Aave could trigger a rally for this crypto. AAVE’s value has surged by over 40% on the YTD chart. Moreover, around 25 technical indicators are flashing green for this DeFi crypto as it trades above its 100-day EMA. Due to all these factors, market analysts predict that the value of Aave crypto will reach $113 before the end of Q3 2024.
THORChain (RUNE): Major Analyst Remains Bullish
Finally, we will talk about THORChain (RUNE). According to CoinMarketCap DataTHORChain’s price has increased by over 400% in the last 12 months. Crypto analyst Shelby says this upward trajectory has the potential to continue. His post X predicts a potential jump to the $10 level soon for RUNE.
When it comes to the technical analysis of THORChain cryptocurrency, it has 20 technical indicators in the green while trading above its 100-day and 200-day EMAs. Experts consider these factors when making their THORChain price prediction. Thus, they predict a jump to $6.30 for RUNE during the third quarter of 2024.
Final Thoughts on the Best DeFi Coins
As Roger Marshall withdraws his support for the anti-crypto bill, DTX Exchange, Avalanche, Chainlink, Aave, and THORChain could be the spearheads of the next DeFi market expansion. They all have massive growth potential, but DTX Exchange stands out. This rookie has a smaller market cap than its peers and connections to many multi-trillion dollar financial markets.
In other words, DTX will climb much faster on the price charts because it needs a lower inflow of new funds and could remain stable in the long run. If you want to capitalize on its growth, sign up for the DTX Exchange presale and buy this DeFi coin before its value skyrockets.
Disclaimer:This is a sponsored press release for informational purposes only. It does not reflect the views of The Times Tabloid and is not intended to be used as legal, tax, investment or financial advice.
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.
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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.
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