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Hamster Kombat, the popular tap-to-earn game on Telegram, has officially announced that its token generation event (TGE) and airdrop will occur on September 26. Touted as the largest in crypto history, this airdrop will allocate 60% of its volume to players. Meanwhile, the team will use the rest of the HMSTR tokens to enhance market liquidity and develop the game’s ecosystem. What’s Next...
Kylian Mbappe is the latest celebrity to be linked to meme coins on social media, following the compromise of his X (formerly Twitter) account. The French football star’s account was hacked, and the attackers used his profile to promote meme coins, attempting to capitalize on his popularity. This incident highlights ongoing concerns in the crypto markets about celebrity-associated meme coins,...
Ripple’s native token, XRP, has maintained a relatively stable trading pattern over the past month, moving within a narrow price range. Although it dipped below its horizontal channel during the market decline on August 5, XRP managed to recover and resume its sideways movement. Despite the limited price fluctuations, most daily transactions involving XRP have been more profitable than not,...
September has historically marked a bearish period for the crypto market, often signaling a challenging third quarter. Amid this week’s erratic price movements, experts anticipate further volatility. In this uncertain climate, seasoned analysts provide strategic insights to trade the rough waters of the crypto market. Analysts Share Altcoin Trading Strategies Miles Deutscher, a...
Toncoin’s (TON) price has faced significant volatility over the last five days owing to the developments surrounding Telegram CEO Pavel Durov. The large wallet holders have been very skeptical and have made a move that could affect recovery. Toncoin Aims to Capitalize on Good News Toncoin’s price rose 10% intra-day on Wednesday following the news of Telegram CEO Pavel Durov’s release....
Toncoin (TON) experienced a significant price increase, climbing over 8% following the release of Telegram CEO Pavel Durov, who was recently indicted by French authorities. However, ongoing struggles within TON blockchain, which has recently faced multiple outages, cloud this positive price movement. Durov’s Release Comes with Strings Attached A recent report revealed that Durov was...
On August 28, Devin Finzer, the co-founder and CEO of OpenSea, revealed that the US Securities and Exchange Commission (SEC) has issued a Wells notice to the NFT marketplace.  This notice, which often precedes legal action, suggests that the SEC believes OpenSea may have violated federal securities laws by facilitating the sale of NFTs that could be considered securities. Community Voices...
Many altcoins have struggled to maintain a bullish outlook for much of this cycle, resulting in only a few reaching new all-time highs (ATH). However, as the third quarter of the year enters its final month, some altcoins are beginning to show signs of potentially surpassing their previous peaks. This analysis highlights the top four altcoins with the potential to achieve new ATHs and the...
As Bitcoin (BTC) struggles to reclaim the $60,000 psychological level, the on-chain data provider CryptoQuant has highlighted five key charts that illustrate the recent price drop. The crypto markets are in turmoil, leaving traders on edge as Bitcoin’s price sends mixed signals. Analysts are divided on whether the market is heading for a correction or set to continue its uptrend. Five...
Chainlink’s (LINK) price has surged by 19% since reaching a ten-month low on August 5, forming an ascending channel. However, a recent decline since Monday has pushed LINK’s price toward the lower boundary of this pattern. If the support line fails to hold, the token could potentially revisit its August 5 low. Chainlink Bears Control the Market As of this writing, Chainlink (LINK) is...