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Key players in the crypto gaming scene in 2024 revealed

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Key players in the crypto gaming scene in 2024 revealed

As part of the massive DeFi ecosystem lies a branch of GameFi, a fast-growing blockchain gaming technology that offers members the chance to also earn by participating in gaming adventures. Currently, the popular GameFi networks hold some of the most amazing gaming tokens that have huge growth potential.

Top-tier gaming tokens include Immutable (IMX), Gala (GALA), Axie Infinity (AXS), Sandbox (SAND), and KangaMoon (KANG). Although KangaMoon is still in the pre-sale stage, this P2E gaming cryptocurrency has shown its resilience and ability to fight for a place among the best NFT gaming cryptocurrencies. After raising more than $6 million, KangaMoon now aims to reach $7 million in May 2024.

KangaMoon (KANG): Leap into the future of gaming cryptocurrency

KangaMoon (KANG) is on its way to becoming one of the largest communities where meme enthusiasts can meet other like-minded people, have fun and interact. To ensure an exceptional experience within the KangaMoon ecosystem, it has partnered with RaidSharksBot. This partnership will help drive better engagement while increasing enjoyment. It also offers users the opportunity to enjoy a monthly reward of $1,000.

Meanwhile, the KangaMoon KANG gaming token is still growing in reputation and popularity, having registered more than 6,000 token holders in the pre-sale stages. Furthermore, KangaMoon also generated a price increase of over 290% to $0.0196. For this reason, pioneering investors of the KANG token have massively posted a similar rate, making KangaMoon one of the play-to-earn gaming tokens to buy in 2024.

Currently in the fifth pre-sale phase, which is also the last phase, KangaMoon aims to integrate GameFi and game-to-earn features, allowing its users to unlock exclusive content while building alliances with other players as they climb the different ranks and leaderboards. With Kangaverse every challenge offers a chance to earn. Every victory counts and translates into rewards and value in the real world.

Overall, KangaMoon will offer users the chance to become early investors in a potential blue-chip cryptocurrency. As experienced traders, investing in this crypto project early is where you get exponential gains. Investing now before launch guarantees better rewards.

Active immutable (IMX) addresses take a hit

Immutable (IMX) price has shown impressive price structure amid an intensified battle between bears and bulls. However, the immutable money asset has also shown declining capacity as it continues to slide below the 20-day and 50-day EMA bands due to a decline in active addresses. If Immutable continues to experience a surge in sellers, its drastic decline could extend even deeper. Likewise, the price performance of the immutable coin is also on a bearish trajectory, with the MACD below the zero line.

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Immutable’s RSI is also within 40.24, which is not close to the 30 level, indicating that IMX coin is not facing significant buying pressure, which means that Immutable’s price decline may continue. Trading at around $1.85 second CoinMarketCap, The immutable price recorded a decline of 1.93%. If IMX price manages to break above the critical support level of $1.75, it could reach lower levels. However, if its price manages to recover and break the trend line, then Immutable’s price prediction, which is around $2.50 and $3.00, could become reality.

Gala (GALA) Market capitalization decline by 10%.

Gala (GALA) has managed to make great strides in the NFT market by integrating blockchain technology into the gaming industry. Gala’s primary goal is to create gaming environments where players truly own their gaming assets as NFTs revolutionize player engagement and investment. As the gaming industry embraces NFTs, Gala coin offers immense value, making it one of the NFT gaming tokens of 2024. Gala Crypto has registered over 1.3 million active monthly members, having powered over 16,000 player-run nodes.

However, according to the data, the market capitalization of Gala coins is experiencing a decline of 10% to reach the $1.2 billion mark. CoinMarketCap data. Gala price also experienced a 28% increase on its monthly chart, settling around $0.0398 and $0.04040. This significant growth in the Gala coin price is attributed to new developments within the Gala ecosystem, contract address migrations, and a broader bullish trend. Furthermore, the technical indicators of Gala coins are in green, signaling bullish sentiment in the coming days despite its recent declining nature. Something that is in line with the analyst’s price prediction for Gala.

Axie Infinity (AXS) signals positive momentum amid near-term declines

Axie Infinity (AXS) is among the leading NFT tokens promoting the gaming market. Tamagotchi and Pokemon inspired GameFi allows its players to breed, collect, raise and engage in different battles with creatures known as Axies. Recently, Axie Infinity price has seen impressive rallies, something that has been attributed to investor confidence and increased market activity.

Over the past week, the price of Axie Infinity has risen to $8.01 CoinMarketCap. Additionally, Axie Infinity’s 24-hour trading volume saw a 32% increase, reflecting massive market activity. Although the price of Axie Infinity has fallen in recent days, analysts have continued to make a bullish forecast, suggesting that the value could surpass $10 by 2024.

Sandbox (SAND) Prices rise as ecosystem development triggers recovery

Sandbox coin is one of the gaming tokens that traders are looking at. Recently, Sandbox price has witnessed a week-long market performance, with most sellers putting significant pressure on the charts over the past month. This momentum is still reflected in Sandbox’s price, which currently signals a fight between bears and bulls.

However, the Sandbox coin has regained ground thanks to the broader ecosystem development and bull market. The technical indicators of the Sandbox coins appear to be flashing green, something that favors a bullish outlook. Second CoinMarketCap. Experts believe that Sandbox’s price will regain its momentum, especially with new developments within the Sandbox ecosystem, including the arrival of Hackatao.

Conclusion

As gaming platforms start to gain traction in the cryptocurrency market, it is always advisable to be among the early adopters and enjoy high returns. The gaming market offers many opportunities, as evidenced by its market value of around $22 billion. Investing in KangaMoon, therefore, means that you will have the opportunity to explore this ever-growing market and also benefit from it.

Discover exciting KangaMoon (KANG) presale opportunities today!

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Disclaimer: This press release article is provided by Client. Customer is solely responsible for the content, quality, accuracy, products, advertising or other materials of this page. Readers should conduct their own research before taking any action relating to the material available on this page. Crypto Basic is not responsible for the accuracy of the information and any damage or loss caused or alleged to be caused by use of or reliance on any content, goods or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on any information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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Why Are Fetch and SingularityNET AI Tokens Up 30%? — TradingView News

TokenTalk Staff

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Meme Coin Price Drop Continues, Data Says - TradingView News

Artificial intelligence (AI)-based cryptocurrencies Fetch and SingularityNET both rallied more than 30% today, recovering after a three-month downtrend. What’s behind the AI ​​coins rally?

Why are FET and AGIX growing by more than 30%?

According to data from TradingView, the Fetch.ai (FET) token has rallied 37%, while the SingularityNET (AGIX) token is up more than 33% in the last 24 hours.Cointelegraph

The two AI-based cryptocurrencies began their price recovery on June 19. Both currencies have been trending downwards since the end of March.

Over the past three months, FET has fallen by more than 31%, while the price of the AGIX token has lost more than 36%.Cointelegraph

According to Vlad Balaban, co-founder of GT Protocol, a blockchain-based AI execution protocol, today’s price rally was catalyzed by the impending merger between SingulairtyNET, Fetch.ai, and Ocean Protocol. He has written:

“The increase of more than 30% is attributable to the announced merger with Ocean Protocol, aimed at forming the largest decentralized AI ecosystem. This strategic move has ignited investor enthusiasm, anticipating significant advancements and market leadership in AI technology.”

In a June 20th post, SingularityNET announced the official Artificial Superintelligence Alliance (ASI) token merge date of July 1st.

FET and AGIX stay up to date on AI and Nvidia developments: Nansen analyst

The artificial intelligence sector has attracted a lot of attention lately. Nvidia became the world’s most valuable publicly traded company on June 18, after the graphics processing and AI chip giant’s market capitalization rose to $3.34 trillion.

According to Edward Wilson, an analyst at Nansen.ai, developments around Nvidia and the artificial intelligence sector contributed to the rally in FET and AGIX tokens. He told Cointelegraph:

“AI as a sector is popular in both traditional markets and cryptocurrencies. It should come as no surprise that in the wake of Nvidia becoming the most valuable company in the world, AI tokens like NEAR, RNDR and others are becoming resuming.”

Nansen’s Wilson also noted that investor interest in AI remains high:

“Both of these tokens are up around 300% over the past year, compared to ETH which has seen just over 100% over the same period, demonstrating high market interest in this space.”

In the yearly chart, FET grew by more than 750% while the AGIX token grew by 192%.Cointelegraph

According to GT Protocol’s Balaban, part of the growing investor and institutional interest in AI is devoted to the emerging possibilities of artificial general intelligence (AGI):

“Companies are jumping into the AI ​​race, and those who emerge victorious will not only capture the largest market share, but will lead the world. This competition significantly increases investor and VC interest, as a race for AI promises substantial profits for those who make the right investment decisions for their portfolios.”

This article does not contain investment advice or recommendations. Every investing and trading move involves risk, and readers should conduct their own research before making a decision.

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Top 3 Crypto Tokens to Take Advantage of Ethereum Spot ETFs and US Presidential Election Hype: Pepe (PEPE), Binance Coin (BNB) and ETFSWAP (ETFS)

TokenTalk Staff

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Top 3 Crypto Tokens to Take Advantage of Ethereum Spot ETFs and US Presidential Election Hype: Pepe (PEPE), Binance Coin (BNB) and ETFSWAP (ETFS)

Some projects in the cryptocurrency space, such as Pepe (PEPE), ETFSwap (ETFS) and Binance Coin (BNB), are in the pipeline to gain positive stimulus from the hype around the US presidential election. However, ETFSwap (ETFS) will benefit further from the upcoming trading of Spot Ethereum ETFs.

ETFSwap (ETFS) on Verge of Bull Run as Ethereum Spot ETFs Ready to Launch

ETFSwap (ETFS) offers access to real-world assets in tokenized form, redefining ETF trading. Users can leverage ETFSwap’s (ETFS) market-making experience to always achieve optimal liquidity and get advanced trading perpetuals up to 10x, including access to futures, access to advanced trading tools and market data in real time.

ETFSwap (ETFS) stands as a beacon at the forefront of a financial revolution with its seamless integration of traditional finance into the realm of DeFi. The platform supports tokenized assets with real-world securities such as Spot Ethereum ETFs purchased from traditional financial markets.

The possibility of Ethereum Spot ETFs starting trading from July 2nd will also significantly enrich the ETFSwap (ETFS) platform, allowing you to trade Ethereum Spot ETFs right from the start as soon as the platform launches.

ETFSwap (ETFS) is able to integrate blockchain technology with ETFs because it works with MiCa compliant and regulated investment banks to trade both securities and cryptocurrencies. The platform provides ETF Screener and ETF Tracker-AI tools designed with algorithms that can read, analyze and process large volume data and provide recommendations based on historical data, market sentiments, trends and pattern recognition.

Through its staking program, you can enjoy high returns from ETF staking and secure passive income when you purchase and stake native ETFS tokens that yield up to 87% in annual percentage rate (APR) yield . Additionally, all users of the ETFSwap (ETFS) platform have access to 24/7 market coverage and the freedom to open and close positions at any time, with the flexibility to manage risks and experience robust measures safety.

Additionally, ETFSwap (ETFS) is on the verge of launching a beta platform. This new platform will offer all cryptocurrency and ETF investors a simple and intuitive experience that will greatly improve buying, selling and trading ETFs with ease.

All these amazing features available on the ETFSwap (ETFS) platform are only accessible to those who hold ETFS tokens. Therefore, now is the right time to hurry and buy at the lowest possible price $0.01831as the price is expected to rise to $0.03846 in the next stage of presale.

Pepe (PEPE) is hoping for a big rally

Pepper (PEPPER) The frog-themed meme coin could see renewed interest among investors looking to double their cryptocurrency gains.

Pepe (PEPE) capitalizes on the popularity of other meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), and others. Cryptocurrency experts believe that with the increase in the number of Pepe (PEPE) coin holders, daily trading volume and a growing following on social media channels, there is still a lot of potential left in Pepe (PEPE) for another momentum bullish.

Binance Coin (BNB) could push up to $1000

Binance Coin (BNB)The fourth-ranked cryptocurrency by market capitalization is expected to rise by 70.08% and trade within a price range of $675 to $1,000 next year.

Binance coin (BNB) plays a vital role in some pre-sales in 2024, where it is accepted as the main currency. Its robustness and widespread acceptance determine the success of these pre-sales.

Users enjoy a number of benefits within the Binance platform for holding Binance coin (BNB), such as reduced trading fees, exclusive access to token sales, and the ability to transact on Binance ecosystem blockchains.

Conclusion on the 3 main crypto tokens set to exploit Ethereum spot ETFs and the US presidential election hype

While Pepe (PEPE) and Binance Coin (BNB) may see an increase in their prices, this is the case ETFSwap (ETFS) this will likely take advantage of the hype surrounding the US presidential election and, more significantly, the upcoming trading of Spot Ethereum ETFs as the platform is at the forefront of tokenizing ETFs and making them available to investors.

For more information on ETFS presale,

Visit the ETFSwap presale

Join the ETFSwap community

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full information Here.

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Meme Coin Merger: Presidential Tokens TRUMP and BODEN Collapse in Market Crash – Market Updates Bitcoin News

TokenTalk Staff

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Meme Coin Merger: Presidential Tokens TRUMP and BODEN Collapse in Market Crash - Market Updates Bitcoin News

https://news.google.com/./articles/CBMiaWh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9tZW1lLWNvaW4tbWVsdGRvd24tcHJlc2lkZW50aWFsLXRva2Vucy10cnVtcC1hbmQtYm9kZW4tdHVtYmxlLWFta WQtbWFya2V0LXNsdW1wL9IBAA?hl=en-US&gl=US&ceid=US%3Aen

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OpenAI co-founder announces his new company, AI tokens rally

TokenTalk Staff

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OpenAI co-founder announces his new company, AI tokens rally
  • Former OpenAI co-founder Ilya Sutskever announced Wednesday the launch of a new artificial intelligence research lab in the United States.
  • News of the launch of Safe Superintelligence Inc. catalyzed gains in AI-related crypto tokens.
  • The market capitalization of the AI ​​category increased by 12% in the last 24 hours.

Artificial intelligence (AI) crypto token prices rise on Thursday following news that OpenAI’s co-founder has started his own company. Ilya Sutskever, former chief scientist at OpenAI, announced the launch of a security-focused AI research lab in Palo Alto and Tel Aviv, US.

The news comes amid concerns regarding the security aspect of Artificial General Intelligence (AGI), under development at OpenAI.

According to data from CoinGecko, the market capitalization of AI tokens increased by 12% in the last 24 hours.

AI Tokens See Huge Price Gains

AI tokens such as Near Protocol (NEAR), Fetch.ai (FET), Internet Computer (ICP), Render (RNDR), Bittensor (TAO), The Graph (GRT), SingularityNET (AGIX) and Akash Network (AKT) extended gains in recent 24 hours, according to CoinGecko data.

AI tokens

AI tokens

The rally can largely be attributed to the announcement of the new company, Safe Superintelligence Inc. The team consists of former co-founder Ilya Sutskever, American entrepreneur Daniel Gross and Daniel Levy, a research assistant at the laboratory of computer scientist Stephano Ermon . Sutsekever served as chief AI scientist at OpenAI and focused on the “safety” aspect when developing AGI.

The announcement of the fundraising for Artificial intelligence projects from hedge funds and Venture Capital is another catalyst that will likely fuel gains in this token category. Pantera Capital announced on June 19 its decision to invest $200 million in artificial intelligence ventures, according to a report by DLNews.

Major crypto funds are raising $1 billion, of which AI will receive a 15 to 20% investment. This development is another market driver, which is likely to influence investor sentiment towards AI tokens.



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