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Showing posts with the label ethena

Top Cryptocurrencies to Invest in Now January 16 – Aptos, Sonic, The Sandbox

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Bitcoin has reached $100,000 for the first time in 2025, renewing interest in the crypto market. This milestone follows its earlier peak of $103,000 in December 2024. Analysts are debating whether this surge reflects long-term growth or a short-term rise aimed at attracting retail investors. The global cryptocurrency market is now valued at $3.48 trillion, marking a 4.05% increase over the past day. Trading activity has also intensified, with a 28.18% rise in market volume over the last 24 hours, reaching $158.29 billion. Bitcoin’s performance may influence other cryptocurrencies, but potential risks and rewards should be carefully considered. The market’s increasing activity could signal renewed interest. As such, investors are searching for the top cryptocurrencies to invest in now . Top Cryptocurrencies to Invest in Now Sonic is priced at $0.7999, up 13.03% in the past day. The Sandbox is currently valued at $0.6061, showing a 7.80% daily rise. Meanwhile, Aptos has in...

Next Cryptocurrency to Explode, October 30 — Mask Network, Ethena, Woo Network, Flow

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Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  Experts suggest that investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and...

Top Crypto to Invest in Right Now October 12 – Tezos, Ethena, Stacks

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Meme coins have experienced a sharp rise in value over the past 24 hours, with some of the largest gains seen in coins like Shiba Inu (SHIB), Popcat (POPCAT), Dogwifhat (WIF), and First Neiro on Ethereum (NEIRO). While altcoins have also seen growth during this period, meme coins have taken the lead in terms of overall performance. Altcoins continue to gain traction, attracting the attention of developers and investors alike. Each blockchain offers specific Features that appeal to different use cases within the crypto ecosystem. In this Analysis , we will examine the top crypto to invest in right now .  Top Crypto to Invest in Right Now Theta Labs has collaborated with the Vegas Golden Knights to launch an AI chatbot powered by Theta’s EdgeCloud platform. Meanwhile, Ethena’s native token, ENA, has experienced significant growth lately. Similarly, Stacks has demonstrated robust performance and stability in the market. 1. Theta Network (THETA) Theta Labs has partner...

Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings

The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” ENA is trading at 0.361 at time of writing, up from around $0.248 one week ago. The 115th-ranked crypto asset by market cap is also up more than 14% in the past 24 hours. On Tuesday, Ethena announced that its partnership with the Ethereum (ETH) restaking protocol EigenLayer (EIGEN) went live. Explained Ethena earlier this month, “We are excited to share that Ethena has partnered with EigenLayer and Ether.fi to introduce USDe as the first dollar-denominated token that can be used as security within its generalized shared security platform. Expanding restaked coll...

Weekly Project Updates: EIGEN Announces Second Season Airdrop, Ethena Concludes Second Airdrop, Matter Labs to Lay Off 16% of Workforce, etc

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1. Eigen Foundation Announces EIGEN Q2 Stakedrop Airdrop link The Eigen Foundation has announced the launch of the EIGEN Season 2 Stakedrop airdrop. For the second season, approximately 70 million EIGEN (around 4.2% FDV) will be allocated to stakers and operators, with the snapshot taken on August 15, 2024. Up to 10 million EIGEN (about 0.6% FDV) will be allocated to ecosystem partners, including AVS, LRT, Rollups, RaaS, and other key contributors within the EigenLayer ecosystem. Approximately 6 million EIGEN (about 0.35% FDV) will be allocated to the community, including open-source contributors, early advocates, and long-term supporters. EIGEN tokens for the second season will be claimable on or before September 17. 2. Ethena Q2 Airdrop Event Officially Concludes, Query Access Opens on September 9 link Ethena Labs has officially announced that the second season of the Ethena protocol concluded on September 2. During this period, the USDe supply grew from 1.3 billion to nearly 3 billi...