DeFi
Top 5 winning and losing stocks: HEAT.CN, WIFI.CN, DEFI.NE
In this summary report, we’ll take a quick look at the top 5 winners and losers up or down double digits in the Canadian stock markets.
Here’s a summary of the assets’ intraday action:
Hillcrest Energy Technologies (HEAT.CN)
Market capitalization ~$25 million
Hillcrest Energy Technologies Ltd. engages in the development of energy conversion technologies and digital control systems for powertrains, as well as grid-connected renewable energy generation systems. It offers electric vehicle traction inverter, power module, grid inverter and powertrain solutions, and develops zero-voltage switching inverter technology platform.
The stock is up 29% without news. Yesterday the company announced the finalization of a joint development agreement with Ocean Batteries AS for the delivery of 300kVA | Hillcrest ZVS 800 V inverter prototypes.
In yesterday’s post I mentioned that a close above $0.275 would signal a break above resistance. This happened and the momentum from the breakout made the stock one of the best performers in the Canadian markets. The next resistance is around the $0.40 area.
American Aires (WIFI.CN)
Market capitalization ~$35 million
American Aires Inc., a nanotechnology company, is dedicated to the research, development and implementation of innovative technological solutions that restructure and transform electromagnetic field haze into a biologically compatible form in Canada and internationally . Its products include Lifetune One, a device-specific solution that sticks directly to electronic devices, providing immediate protection against harmful electromagnetic radiation, a solution for use with devices such as phones, tablets and laptops; and the Lifetune Flex, a versatile electromagnetic field (EMF) protection solution for consistent coverage against electromagnetic radiation.
The stock is up 31% following the announcement that Aires saw a 47% year-over-year increase in order volume in April, followed by an impressive 98% increase in May. This continues the strong growth trajectory seen in previous years, with annual growth of 128% from 2021 to 2022 and annual growth of 79% from 2022 to 2023.
A very nice installation here. Yes, the stock fell, but it reached a major support level at $0.25. We also printed a hammer candle two days ago. A daily candle closed above this hammer would result in a rise towards the $0.50 area.
Organic NurExone (NRX.V)
Market capitalization ~$57 million
NurExone Biologic Inc. operates as a pharmaceutical technology company. It is developing a novel, non-invasive, ready-to-use treatment for the reversal or reduction of paralysis following spinal cord injury using membrane-bound extracellular vesicle technology, as well as to treat trauma cranial and other cerebral and neurological trauma. indications.
The stock is up 38% without news.
Another great setup. A double bottom was confirmed with a break above $0.55. The stock continues to gain momentum and the downtrend line is most likely broken. Target? The $1.10 area.
TeraGo (TGO.TO)
Market capitalization ~$49 million
TeraGo Inc., together with its subsidiaries, provides business connectivity services primarily in Canada. It owns and operates a fixed wireline and wireless communications network and a carrier-grade Internet Protocol communications network that provide Internet access, private interconnection and data connectivity services.
The stock is up 25% with no news.
The stock is slowly continuing its uptrend and you can see the higher lows and higher highs. The stock has support at $2.00, and a close above $2.60 provides further momentum.
Xplore Resources (XPLR.V)
Market capitalization ~$3.2 million
Xplore Resources Corp. is a mineral exploration company engaged in the acquisition and development of copper and gold properties. Its projects include Valk, Pringle Lake, Upper Red Lake and Perrigo Lake.
The stock is up 22% without news.
Just a bounce to support. A close above $0.12 by the end of the day would be significant and allow the stock to test levels above $0.16.
DeFi Technologies (DEFI.CN)
Market capitalization ~$720 million
DeFi Technologies Inc., a technology company, develops and lists exchange-traded products in Canada, Bermuda and the Cayman Islands. The Company provides asset management services, such as investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indices and other decentralized financial instruments. It also participates in decentralized blockchain networks by processing data transactions that contribute to network security and stability, governance and validation of transactions.
The stock is down 20% following the announcement that its subsidiary Valor Inc. introduced the world’s first and only yielding Bitcoin ETP to German investors in collaboration with the Core Foundation, an organization dedicated to the development of the Core blockchain network.
The stock saw a significant rise and profits were taken. Additionally, the crypto market is currently taking a bit of a hit. The current low stands at $2.20. Monitor this area for assistance.
BTQ Technologies (BTQ.NE)
Market capitalization ~$62 million
BTQ Technologies Corp. is dedicated to the research and development of computing technologies related to post-quantum cryptography for applications of blockchain and related technologies. It offers a range of post-quantum products, including custom languages and compilers, cloud-accessible software solutions, and dedicated hardware.
The stock is down 21% with no news.
The stock is falling but is still in breakout mode. A retest will take place when the stock returns to the $0.45 to $0.50 area.
Vital Battery Metals (VBAM.CN)
Market capitalization ~$4.9 million
Vital Battery Metals Inc. is engaged in the acquisition and exploration of mineral assets. The company explores copper deposits. It has the option to acquire approximately 100% interest in the Vent property which consists of two contiguous claims totaling approximately 1,561.12 hectares of land in a claim block located on Vancouver Island, British Columbia, in Canada.
The stock is down 15% with no news.
The title is testing record levels. Will this zone become support with a double bottom setup? Watch for large wicks or large green-bodied candles. A close below sets the stage for new all-time record lows.
Lexston Mining (LEXT.CN)
Market capitalization ~$3 million
Lexston Mining Corporation operates as a mineral exploration company focused on the acquisition and development of mineral projects.
The stock is down 13% with no news.
The stock is testing a key resistance zone. This might be the third refusal here. Support stands at $0.08. Wait for a break in either direction.
Optimi Health (OPTI.CN)
Market capitalization ~$31 million
Optimi Health Corp. is engaged in the research, cultivation, processing, extraction and distribution of psilocybin, psilocin, other psychedelic substances and functional mushrooms for the health and wellness markets in Canada and abroad. The company offers raw mushroom biomass, mushroom extracts and mushroom supplements, as well as a range of mushroom varieties including Lion’s Mane, Chaga, Reishi, Turkey Tail and Cordyceps.
The stock is down 10% with no news.
It appears a trend change is occurring with the stock moving to higher highs and lower lows. Support comes at the $0.30 area.
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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