Category: Cryptocurrency News

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As the market action resumes, Helium keeps on surging to the top and draws the attention of investors. According to CoinGecko, the token is up more than 48% since last week. HNT becomes a prime target for both investors and traders looking for an income-making asset in the long run. Related Reading: $3 Million PEPE Gamble Sparks Speculation Of Incoming Price Surge Helium Mobile has been in the spotlight as it showed its reliability and strength, coming face to face with major telecom providers in the US. Recently, it flexed its muscles again as it announced the test of two carriers that offload their network traffic to the platform, setting new records once more. Carrier Offload Beta Now Out Showing Big Results With Helium Mobile’s announcement that the Carrier Offload Beta is now live, two carriers tested the network, bumping network statistics up by a significant margin.  📶 Our Carrier Offload Beta is now LIVE! You can now enable your Hotspot to be a part of our Offload Beta in the Builder App or Hotspot Dashboard! 🛠️ Now, subscribers from several other carriers can connect to and transfer data through your Helium Mobile Hotspot(s). pic.twitter.com/mlHZmQb0G9 — Helium Mobile ☁️🪿🥚 (@helium_mobile) August 9, 2024 According to the platform’s website, the platform saw almost 60,000 new users from the two carriers while a total of five terabytes worth of data has been offloaded on Helium Mobile. These numbers have been achieved with a mere 89 hotspots in total for both carriers.  The reliability of the network showed that it can go head-to-head with major players in the telecoms industry despite essentially being the new kid around the block.  With the focus on decentralized physical infrastructure networks (DePIN) gaining more interest, Helium’s entrance into the telecom industry gives consumers another affordable carrier to choose from. As both postpaid and prepaid plans go up in price, Helium’s position as a cheap and reliable alternative will help it grow in the coming years.  Helium Price To Stabilize At This Level Percentage-wise, HNT has achieved something great, giving investors and traders gains along with the general upward movement of the market. However, it seems that the token will stabilize on a narrow price range.  Related Reading: Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 – Analyst Investors and traders will have to make do with the current $6-$7 price range. This can swing both ways as it leaves both bears and bulls with little to no wiggle room to gain momentum which means the next few days will be crucial for HNT’s short-term viability.  If the bears get a hold of the momentum, we can expect the token to drop a few percent towards $5.5 before the bulls regain control. But if the opposite were to happen, HNT bulls have the opportunity to regain $8 in the long term, that is if the bullishness continues along with a positive attitude in the general market.  However, with major macroeconomic indicators being announced soon, investors and traders should expect more volatility in the weeks before HNT returns to a fair market price. Featured image from The Merkle News, chart from TradingView

Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt Repayment On […]

Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation.

The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City.

As the cryptocurrency market continues to evolve, investors are always on the lookout for the next big opportunity. Shiba Inu (SHIB), a token that once took the market by storm, has created a generation of investors who are now eager to replicate their past success. With the market showing signs of maturing, these Shiba Inu (SHIB) investors are now turning their attention to a new ICO that has been forecasted to deliver astonishing 1000x returns. The Shift from Shiba Inu (SHIB) to MPEPE Shiba Inu (SHIB), the second-largest meme coin, has been experiencing fluctuations in the market. As of today, Shiba Inu (SHIB) is trading at $0.000014 with a market cap of $8.26 billion USD and a 24-hour trading volume of $296.55 million USD. The coin has seen a 4.98% increase in the last 24 hours, which is a positive sign amid recent market turbulence. Factors Influencing Shiba Inu’s (SHIB) Predicted Surge Recent AI predictions have set the Shiba Inu (SHIB) price to rise significantly by August 15, 2024. According to data from Watcher Guru, the price of Shiba Inu (SHIB) is expected to surge by 60% to reach $0.00002191 by mid-August. This prediction is supported by several factors: Increased Token Burns: The burn rate for Shiba Inu (SHIB) has skyrocketed by 3327% in the past 24 hours, with 106,034,329 tokens removed from circulation. This decrease in supply is likely to push the price up as demand remains steady or increases. Market Dynamics: Despite its current rank as the 13th largest cryptocurrency, Shiba Inu (SHIB) has been in a tough competition with Avalanche (AVAX) for the 12th spot. The AI predictions suggest that Shiba Inu (SHIB) could reclaim higher positions in the rankings with this anticipated price surge. Bullish Market Sentiment: AI data suggests that Shiba Inu (SHIB) will continue to see a bullish trend, supported by strong community engagement and strategic token burns. This positive sentiment could drive the price higher in the coming months. Mpeppe (MPEPE): The Dark Horse of 2024 While Shiba Inu (SHIB) is poised for a significant increase, Mpeppe (MPEPE) is predicted to outshine its competitors with an expected 420% price surge in 2024. Mpeppe (MPEPE) is currently in its presale stage, with a total of $667,870 raised so far and 788,176,961 tokens sold at a price of 0.00107 USDT per token. The strong performance of Mpeppe in its presale phase indicates a high level of investor confidence and interest. Why Mpeppe (MPEPE) Could Outperform Shiba Inu (SHIB) Rapid Investor Interest: The presale success of Mpeppe (MPEPE) shows a growing interest in this new token. The substantial funds raised in a short period suggest that investors are betting heavily on Mpeppe’s (MPEPE) potential to deliver high returns. Strategic Market Positioning: Mpeppe (MPEPE) has positioned itself as a strong contender in the meme coin market, with a focus on delivering high returns and capturing market share from established coins like Shiba Inu (SHIB). AI-Driven Market Predictions: AI models have highlighted Mpeppe (MPEPE) as one of the top-performing tokens for 2024, predicting a 420% increase. This forecast is based on Mpeppe’s (MPEPE) innovative approach to market engagement and its ability to attract significant investments during its presale. Conclusion: The Battle of Meme Coins As AI-driven predictions continue to shape market expectations, both Shiba Inu (SHIB) and Mpeppe (MPEPE) stand out as top contenders for substantial gains in 2024. Shiba Inu (SHIB), with its established community and strategic token burns, is expected to see a 200% increase in value. Meanwhile, Mpeppe (MPEPE), with its strong presale performance and innovative market strategies, is predicted to surge by 420%. Investors watching these two meme coins should consider the potential risks and rewards as they make their investment decisions. While AI predictions offer valuable insights, the volatile nature of the cryptocurrency market means that careful consideration and strategic planning are essential for maximizing returns. For more information on the Mpeppe (MPEPE) Presale:  Visit Mpeppe (MPEPE) Join and become a community member:  https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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