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Bravenewcoin
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Pudgy Penguins to Dive Into Crypto With PENGU Token Release
- Pudgy Penguins is set to release the PENGU Token on the Solana blockchain.
- The token will have a total supply of 88 billion tokens, with allocations for NFT holders, communities, and decentralized exchange liquidity.
- Pudgy Penguins has remained culturally relevant in the NFT market by expanding its brand beyond digital collectibles, including a line of physical toys.
- With PENGU, Pudgy Penguins aims to strengthen its position in the Web3 space and attract both existing and new users.
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Medium
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Image Credit: Medium
Xtremeverse MOBILE GAMING STUDIO
- Xtremeverse is an on-chain community for gamers, builders, and otakus
- The project offers liquidity and accessibility in web3 gaming through NFTs and tokens
- Xtremeverse includes a mobile battle royale game, staking, leaderboards, esports predictions, and social features
- The project has raised $6.5 million in funding from top-tier venture capitalists
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Cryptoticker
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Pudgy Penguins to Introduce Solana-Powered Token "Pengu" This Month
- Pudgy Penguins, the popular NFT collection, plans to launch its own cryptocurrency, Pengu, on the Solana blockchain. The token has a total supply of 88,888,888,888 tokens and will promote a unique way for fans to align with the brand.
- Pudgy Penguins is branching out beyond the NFT world to launch the PENGU token in the cryptocurrency space. The token will be launched on the Solana blockchain and is described as the 'Master Coin.'
- The PENGU token is set to expand the Pudgy Penguins ecosystem by providing new opportunities for community engagement and utility, while also solidifying its position in the blockchain space.
- The token is designed to allocate significant portions of the supply to the existing community and new 'Huddle' members, reflecting an inclusive approach. Token holders will be able to engage with the Pudgy Penguins ecosystem in new ways, such as staking rewards and exclusive perks.
- The PENGU token will have an extended claim period of 88 days, allowing ample time for existing NFT holders to participate and claim their tokens, fostering inclusivity within the community.
- Pudgy Penguins has opted to launch the PENGU token on the Solana blockchain, despite their NFTs remaining on the Ethereum network. The team's decision is strategic, leveraging Solana's scalability and low transaction fees to provide a seamless and cost-effective experience for token holders.
- By exploring multi-chain innovation, Pudgy Penguins could position itself as a leader and inspire similar strategies amongst other NFT projects.
- However, the team will face challenges communicating the value and utility of this move to Ethereum-based supporters. Success will depend on how effectively they deliver on their promises.
- If the PENGU token is successfully integrated into the Pudgy Penguins ecosystem, it has the potential to become a key driver of growth and engagement, paving new pathways of success for NFT collections in the wider blockchain space.
- The PENGU token will drive adoption and strengthen the community's connection to the project, particularly through its exclusive perks and innovative utilities.
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Coinjournal
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Image Credit: Coinjournal
2024 saw crypto markets dramatically mature
- The year 2024 was a turning point for the cryptocurrency market as it matured, with greater institutional involvement and widespread adoption of digital currencies.
- BlackRock launched its Bitcoin ETF, IBIT, and Goldman Sachs, Morgan Stanley, and Fidelity Investments all offer Bitcoin as part of their Wealth Management services, paving the way for institutional investment and mass adoption.
- Decentralized Finance (DeFi) emerged as a real alternative to traditional banking, providing an ecosystem of liquidity pools and borrowing facilities for people worldwide.
- The rise of DeFi created new methods of borrowing, saving, lending, and earning interest, putting the power in the hands of the people.
- Blockchain technology saw mass adoption from retail and e-commerce, with companies like Nike and Starbucks using it for supply chain management and authentication purposes.
- Regulations started to pave the way for digital currencies to enter the mainstream global financial system with the development of a standard set of practices for crypto taxation, Anti Money Laundering compliance, and consumer protection.
- Advancements in technology, such as Ethereum 2.0 and Layer 2 solutions, have solved technical issues with blockchain congestion, slow transactions, high energy consumption, and scalability.
- The cryptocurrency industry has gone from a niche interest to a central player on the world stage, creating a market that is ready, willing, and waiting for mass adoption.
- Binance CEO Richard Teng has played a major role in developing and leading the industry's standard for responsible growth.
- With positive sentiment and rising crypto prices, more users are turning to crypto platforms and ETFs to invest, setting the stage for a bigger year in 2025.
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Massivelyop
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Ubisoft shareholders are apparently still in buyout negotiations – under Guillermot family control
- Shareholders of Ubisoft are apparently in buyout negotiations.
- Talks have advanced as shareholders are considering how to structure a possible buyout without reducing the founding family's control.
- The Guillemots and Tencent currently own nearly 25% of the company and almost 30% of its voting rights.
- This news comes amid Ubisoft's announcement of studio closures and layoffs.
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Cryptoticker
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Image Credit: Cryptoticker
Magic Eden Airdrop Guide: How to Claim Magic Eden Token
- Magic Eden has launched the allocation checker for the $ME airdrop, set to go live on December 10th.
- Magic Eden is a leading cross-chain NFT marketplace, enabling seamless trading across chains.
- To check your $ME allocation, download the Magic Eden wallet app, connect your wallets, and view the detailed breakdown.
- Factors determining your allocation include launchpad activity, trading volume, early adoption, and wallet linking.
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Medium
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Image Credit: Medium
The SOLess Ecosystem: A Mathematical Approach to Digital Value Creation
- The SOLess Ecosystem is a mathematically interdependent ecosystem for digital value creation.
- The ecosystem includes three interconnected platforms: SOLess, SOLspace, and SOLarium.
- The Value Amplification Loop drives value creation, token burning, and NFT floor prices.
- The ecosystem offers benefits for content creators, traders, and collectors.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
ACX and ORCA Prices Skyrocket After Binance Listing Announcement
- ACX and ORCA prices experienced significant surges after Binance announced their token listing on the platform.
- ACX price surged over 100% and ORCA price rose over 80%.
- Bitcoin is trading below $100K and altcoins are in the red, but the overall market cap remains high.
- Binance listed ACX and ORCA tokens for spot trading, leading to a rapid increase in their prices.
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Cryptonewsz
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Image Credit: Cryptonewsz
Pudgy Penguins NFT Collection Launches $PENGU on Solana
- The popular NFT collection Pudgy Penguins has launched its native token $PENGU on Solana.
- The total supply of $PENGU is 888.8888888880 million.
- Pudgy Penguins invites holders to vote on allocation plans and dates for the $PENGU token claim.
- Pudgy Penguins' NFT collection has seen a surge of over 117% in the past month.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Binance Launches On-Chain Yields with Babylon BTC Staking
- Binance launches On-chain Yields, introducing Babylon BTC Staking with direct rewards through Babylon Points.
- Babylon BTC Staking enables Bitcoin staking on PoS networks without third-party custodians or bridging solutions.
- Babylon BTC Staking offers a creative way to use Bitcoin inside Proof-of-Stake (PoS) systems, ensuring network security and providing additional rewards.
- Binance's integration of Babylon BTC Staking showcases its commitment to bridging gaps in the blockchain industry and promoting adoption.
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TheNewsCrypto
2w
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Image Credit: TheNewsCrypto
Buy Proportional Properties on Blockchain
- NFTs are becoming a tool for property investors, offering a wide range of possibilities.
- NFT ESTATE SLICE enables property ownership with a suitable investment amount and potential income.
- Join the global community of NFT property investors through the provided links.
- Disclaimer: TheNewsCrypto does not endorse the content or provide investment advice.
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NullTX
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Image Credit: NullTX
BINANCE COIN PRICE ANALYSIS & PREDICTION (December 5) – BNB Hits New ATH Following A 20% Surge, Face Rejection
- BNB broke out to a new all-time high following a 20% surge.
- On the daily chart, BNB appears highly bullish with no sign of selling.
- Key resistance levels to watch are $793.8, $800, and $820.
- The nearest support levels for a retest are $721.8 and $687.7.
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Cryptoticker
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Image Credit: Cryptoticker
ApeCoin Price Prediction as Yuga Labs Strengthens NFT Ecosystem with Tokenproof Acquisition
- Yuga Labs acquires Tokenproof's tech team to strengthen its NFT ecosystem.
- Tokenproof enhances security and utility of NFTs by verifying ownership.
- The acquisition positively impacts ApeCoin's market performance.
- Short-term prediction: ApeCoin expected to test resistance levels at $2.10–$2.20.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
BNB Breaks 8-Month Resistance to Set New All-Time High Amid Market Volatility
- BNB breaks 8-month resistance to set new all-time high amid market volatility.
- BNB surges 16% in 24 hours, triggering $5.26M in liquidations.
- ADX indicates strong uptrend momentum above 25.0 threshold.
- Price targets $800 after breaking resistance zone of $572-$619.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
Nike-Owned NFT Sneakers Pioneer RTFKT to Cease Operations
- RTFKT, the creators of NFT sneakers and avatars, is ceasing operations by January 2025.
- In December, RTFKT will release its last collection, the MNLTH X, before closing down.
- RTFKT was known for its pioneering role in integrating sneaker lifestyle, gaming, digital fashion, and Web3 technology.
- Market difficulties and declining NFT sales contributed to the decision to cease operations.
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