DeFI News by Thebittimes.Com

The Gaimin price rose 2% in the last 24 hours to trade at $0.006540 as of 00:05 a.m. EST on trading volume that dropped 3% to $1.4 million. This comes after the token slumped 65% in the last month. It launched a little more than a month ago and airdropped its early users. Gaimin Price Set To Rally Above The Bullish Pennant GMRXUSD Chart Analysis Source: Geckoterminal.com After its launch, the Gaimin price surged to an all-time high (ATH) of $0.03291. This level acted as the resistance the bulls needed to overcome to propel the price even higher. The bulls have not been able to reclaim this high, as the price took a downturn, recording an 80% decrease from this level. GMRX bulls found support around the $0.0061 level, which allowed them to push the price higher to the resistance around $0.00642. However, the bears pushed the price down again to the $0.0061 support, forming a double-bottom pattern. The double bottom pattern forms bullish sentiments, paving the way for the markup ...

Polygon’s recent Dragon Fruit update has not impacted MATIC prices as developers might have expected. MATIC is Polygon’s native utility token. Amid this, Ethereum-based blockchain projects like InQubeta are actively being explored. InQubeta takes on the inefficiency and inaccessibility of traditional investment avenues by creating a secure and transparent alter native . It aims to open up investments in artificial intelligence (AI), facilitating the industry’s growth while looking to provide investment opportunities for users. In the present system, numerous mainstream investment options employ discriminatory practices that restrict access to their services, primarily benefiting only the world’s highest earners. You might also like: Polygon’s legal officer weighs in on SEC’s lawsuits amid growing opposition While MATIC prices haven’t grown much lately, 2023 has been a good year for the Ethereum scaling solution as it makes major waves...

Join Our Telegram channel to stay up to date on breaking news coverage As we progress towards 2023, many investors are searching for the best altcoins to purchase for high returns after a bearish cryptocurrency market this year. The guide covers the top cryptocurrencies you can invest in by analyzing the historical prices, use cases, and more. So, keep reading to learn about the top altcoins to invest in. 1. Tezos (XTZ) Tezos is one of the most high-profile projects. The smart-contract and decentralized apps hosting platform enables peer-to-peer transactions. Its token XTZ is also known as Tezzie or Tez. XTZ holders get tokens when they take part in its Proof-of-Stake consensus mechanism. Many analysts are bullish about Tezos’ long-term prospects. Tezos does not have a maximum supply, unlike most cryptocurrencies. It means people hold on to it as an asset due to its benefit. Thus, if the crypto has a valid use, its lack of limited supply might be inconvenient. Moreover, an inf...

Join Our Telegram channel to stay up to date on breaking news coverage Doge is entering the week trading down as its price continues to suffer due to the market downturn. However, recent events indicate that the most popular meme coin may experience a price pump, but Calvaria is a more profitable option. DOGE Price Action At press time, DOGE trades at $0.09503. The meme coin has been trading at a 3.75% discount in the past 24 hours, mirroring the broader market, which is also down by 2.73%. As most major coins are posting losses on the 24-hour chart, it is no surprise that DOGE has also been affected. With its price drop, DOGE is trading below most of its moving average (MA) indicators. The 10-day MA of $0.09582 is slightly above its price, although the 200-day MA of $0.09906 is quite a significant leap. DOGE will need to post some major gains to hit that level. A negative moving average convergence divergence (MACD) shows that DOGE is giving off a sell signal, while the as...

Join Our Telegram channel to stay up to date on breaking news coverage The crypto slump after the FTX slump seems to fade away gradually. This becomes all the more evident with the performance of BNB on the crypto market. Binance Coin’s repeated optimistic performance is keeping the hopes alive for investors. Crypto has pumped over 19% in the last 24 hours, and broke the $300 level, with many speculating that it might breach the $400 level soon too. However, there are many other newer crypto projects that seem to be making the move in the markets with their new-age, utility-first focus. Here’s all you need to know about the recent BNB pump and some of the up and coming crypto projects which you can explore. BNB Price May Pump To $400: What’s The Deal? The Binance Coin has been outperforming in its recent trading sessions as it has added over 30% to its value since it gained the upward trajectory. In a recent tweet, prominent crypto blogger Ben Armstrong (@B...