DeFi
Shiba Inu Overtakes Uniswap as Top Ethereum Coin; Savvy Investors Are Bullish on New ERC-20 Memecoin
Shina Inu (SHIB) is the leading Ethereum-based cryptocurrency by market cap, attracting considerable attention in the DeFi market. Meanwhile, Uniswap (UNI) aims to increase its appeal with its innovative platform, Uniswap v4, which allows for lower transaction costs and includes liquidity pool customization. On an interesting note, Justin Drake, a popular Ethereum researcher, on his X (Twitter) account, issued the opinion ETH Could Reach $1 Trillion In Economic Security. This Indicates A Positive Sign For This New ERC-20 Meme Currency – KangaMoon (KANG)This Play-to-Earn (P2E) token just closed its presale with an astonishing 400% ROI, and looks set to dominate the GameFi market.
Shiba Inu’s Long Term Outlook and Its Potential to Maintain Its Position as a Top Ethereum Memecoin
Since its entry into the cryptocurrency market, Shiba Inu (SHIB) has grown from a simple meme coin to a formidable and important project for the decentralized finance (DeFi) ecosystem. The question of whether it can maintain its dominance in the Ethereum meme coin market is seemingly undeniable.
First, its growing influence in the DeFi market with the features that come with it. With investors increasingly aware that only real-world applications can support a good cryptocurrency project, SHIB’s expanding use cases strengthen its position as a quality altcoin to watch.
At the same time, initiatives such as ShibaSwap, a decentralized platform, and the ongoing development of a layer-2 blockchain known as Shibarium to reduce transaction costs and increase efficiency. These ideas are making SHIB more attractive to crypto enthusiasts. Currently, SHIB Token SHIB’s market cap is now over $10 billion, which is a testament to investor interest and strong community support. As for those looking for the best erc-20 meme coin to buy, SHIB remains a choice to watch.
KangaMoon (KANG): The New ERC-20 Memecoin That Attracts Savvy Investors
KangaMoon (KANG) is gaining acceptance as one of the leading ERC-20 coins in the cryptocurrency market. The GameFi crypto project stands out with a strong community base of meme lovers. However, its unique blend of SocialFi and Play-to-Earn (P2E) features in an immersive ecosystem dubbed Kangaverse is even more appealing. Throughout its presale, the KangaMoon token saw a significant increase of over 400%, with the token increasing from an initial price of $0.005 to $0.025.
In the meantime, the project has been able to raise over $8 million during the various stages of the just-concluded presale. With its super-interactive GameFi (Play-to-Earn) ecosystem and SocialFi “Kangaverse” where players engage in battles with their KANG characters to earn tokens, KangaMoon can see additional traction on top of its growing community of over 10,000 token holders and over 32,000 community members. As you read, interest in KangaMoon has been growing since the platform started distributing its presale tokens.
In what could prove to be a promising move for token holders, the native token KANG is set to be listed on major exchanges like BitMart. This comes after previous listings on major data aggregators like CoinMarketCap and CoinGecko and Uniswap DEX. With more listings, analysts predict that KangaMoon will see an additional 35x and up to 50x growth before the end of July.
Beyond its listing phase, the native token KANG could see its value increase by an additional 220%, thanks to its innovative approach and strong community engagement. As KangaMoon continues to expand its SocialFi and Play-to-Earn features, it is poised to not only attract more users but also cement its position as a leading meme currency in the evolving blockchain gaming sector.
Highlighting recent developments within Uniswap that could influence its market trajectory
As a leading decentralized exchange (DEX) and due to its influence in the DeFi space, Uniswap (UNI) remains a formidable front in this competitive market. At the same time, the transition of the Uniswap network to its fourth version, Uniswap v4, marks a significant technological milestone. This upgrade introduces “hooks” that allow for customization and flexibility of the liquidity pool.
Additionally, this initiative aims to improve efficiency, reduce costs, and provide better incentives to liquidity providers, thereby making the platform more attractive to users and developers.
As Uniswap successfully navigates the complex regulatory landscape and increases its level of compliance, it potentially expands its user base. This could be positively reflected in the price of UNI as more users adopt the platform for its superior features, which could also drive up its trading volume.
What distinguishes KangaMoon (KANG) from Shiba Inu that attracts savvy investors?
KangaMoon is particularly appealing to investors due to its unique blend of DeFi and GameFi elements. Its key features, including low transaction fees, seamless integration with popular Ethereum-based platforms, and innovative play-to-earn mechanics, make it an attractive choice for crypto enthusiasts. These aspects, combined with its strong community support and strategic partnerships, position KangaMoon as one of the leading ERC-20 tokens in the DeFi market.
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
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
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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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