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The Next Big Cryptocurrency to Explode in 2024 [x100 Bull Run]

SatoshiTimes Staff

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The Next Big Cryptocurrency to Explode in 2024 [x100 Bull Run]

The cryptocurrency market is constantly evolving, and every now and then, a new contender emerges with the potential to deliver substantial returns. But with great potential comes great risk, and the market is rife with speculation, hype, and misinformation.

In this article, we’re diving deep into projects like EarthMeta, labeled as the best crypto of 2024 by specialists and cryptos media. We’re cutting through the noise, sharing ou findings and giving you insights—straightforward, objective, and grounded in reality. Stay safe and stay informed as we uncover what could be the most explosive investment opportunity of the year.

For a cryptocurrency token to experience significant growth, it requires first to be cheap, and to get a substantial influx of capital and liquidity (momentum). This means that a large amount of money needs to be invested in the token, and there needs to be enough liquidity for people to buy and sell the coin without causing major price fluctuations. If you aim to achieve a 100x return during a bull run, it’s generally advisable to look beyond the top 100 tokens listed on CoinMarketCap. This is because tokens below the top 100 often have more room for growth and can provide higher returns if they gain popularity and adoption.

To identify the next big coin that could explode in 2024 and therefore the best presale crypto of 2024, several key factors need to be considered. These factors include the sector in which the project operates, current trends, the project’s viability and reliability, and the strength of its community.

The first project we are considering this year is EarthMeta which is under a penny for the moment. This project operates within the Metaverse and Artificial Intelligence (AI) sectors, which are two of the most discussed and rapidly evolving areas in the tech world today. The Metaverse refers to a virtual reality space where users can interact with a computer-generated environment and other users. AI, on the other hand, involves the simulation of human intelligence in machines. By focusing on these trendy and cutting-edge fields, EarthMeta is well-positioned to attract significant attention, making it a strong candidate to be the next trendy crypto during the next 2025 bull run.

When evaluating a project’s viability and reliability, it is essential to consider the team’s experience and track record. For instance, EarthMeta is considered reliable due to its strong and experienced team, which has demonstrated the ability to execute its vision and deliver results. Another project worth noting is Telcoin, which has already established itself in the market and proven its reliability over time. Telcoin focuses on providing fast and affordable remittance services using blockchain technology, making it a practical solution with real-world applications.

Also, meme coins often start as jokes or internet memes, but they can develop into serious investment opportunities if they gain a strong and active community. The economic basis of a meme coin depends on what it promises to deliver and its actual performance. A strong community can drive demand and increase the token’s value, making it essential to evaluate the level of community engagement and support.

>>> The Next Must-Watch Cryptocurrency <<<

Our list of the next big crypto coins to explode in 2024 (x100 Bull Run) :

  • EarthMeta ($EMT) – AI-driven Metaverse platform for decentralized governance and digital real estate.
  • Folki ($FOLKI) – Meme coin integrating with the metaverse.
  • Telcoin ($TEL) – Decentralized finance solutions for mobile phones in emerging markets.
  • Toncoin ($TON) – Cryptocurrency integrated with Telegram’s advertising platform.
  • Lido ($LDO) – Prominent staking solutions for digital assets.

Cheelee ($LEE) – GameFi short video platform rewarding users for viewing and creating content.

EarthMeta is a project with the potential to deliver. 

 

Thinking on the early days of Bitcoin (BTC) and Ethereum (ETH), we can see how investors who took risks now enjoy substantial rewards. EarthMeta presents a similar opportunity by operating a metaverse. A sector at the forefront of technological innovation and investment.

 

The significance of the Metaverse and AI cannot be overstated. These areas are generating extensive interest, and experts predict they will continue to grow. The metaverse, a virtual reality space where users can interact, is creating new avenues for social interaction, work, and entertainment. AI is transforming industries with its ability to process and analyze vast amounts of data, making decisions faster and more accurately than humans. EarthMeta is well-positioned within this context, leveraging advancements in these fields to create a unique offering.

 

The project’s strong fundamentals include a dedicated team, a clear and ambitious long-term roadmap, and solid tokenomics, all of which contribute to its potential for significant growth. The team behind EarthMeta has a proven track record of success in tech and finance, ensuring that the project is in capable hands. The long-term roadmap outlines a series of strategic milestones that aim to expand the project’s capabilities and reach, while the tokenomics ensure a sustainable economic model. By combining these elements, EarthMeta could become the Bitcoin of this year, offering substantial returns for early investors.

 

>>> Learn more about EarthMeta.AI <<<

Key features:

  • AI-Powered Metaverse: EarthMeta is the first decentralized AI-powered metaverse, allowing users to own and govern virtual real estate.
  • Comprehensive Ecosystem: It includes features like EarthMeta Core for trading virtual properties, EarthMeta Marketplace for buying and selling assets, and EarthMeta AI for personalized trading data.
  • Strong Fundamentals: With a dedicated team, a clear and ambitious long-term roadmap, and solid tokenomics, EarthMeta is well-positioned for growth.

Potential for Growth: EarthMeta leverages the latest advancements in the metaverse and AI to create unique offerings. The project’s strong fundamentals, combined with its innovative approach, make it a compelling investment opportunity. The benefits that you can get from now (during their presale) can get you in the best spot for the bull run . 

2. Folki

Folki is another cryptocurrency booming that deserves attention due to its unique positioning at the intersection of the meme coin universe and the metaverse. Meme coins often gain popularity through viral marketing and strong community support. Folki, however, goes a step further by integrating with the metaverse, providing additional use cases beyond its meme origins.

The metaverse is rapidly becoming a significant area of development in the digital world, offering new ways for people to interact, work, and play. Folki’s integration into this space means it can tap into the growing interest and investment in the metaverse, potentially driving its value up significantly. The combination of meme culture and metaverse utility makes Folki a unique and promising contender in the cryptocurrency market. The project aims to create a virtual world where users can engage in various activities, from gaming to socializing, all while using Folki tokens for transactions. This dual appeal—both as a meme coin and a utility token within the metaverse—positions Folki as an altcoin to buy poised for substantial growth.

Key features:

  • Valhalla NFT Metaverse Game: This game taps into the $1 trillion metaverse industry, with Floki tokens being the main currency.

  • FlokiFi: A suite of DeFi products that enhance the token’s utility.

  • Community-Driven: Strong community support and viral marketing have significantly boosted Folki’s popularity.

Potential for Growth: Folki’s integration into the metaverse and its robust community support make it a unique and promising contender in the cryptocurrency market. Its ability to tap into growing interest and investment in the metaverse could drive its value up significantly .

3. Telcoin

Telcoin has carved out a niche by focusing on providing decentralized finance (DeFi) solutions through mobile phones, particularly in emerging markets like Asia. It is primarily used for micropayments, which are crucial in low-income countries where traditional banking services are limited. Telcoin leverages the widespread use of mobile phones to facilitate financial transactions, making it an essential tool for economic empowerment in these regions.

Telcoin has already demonstrated its potential by achieving a 500x return in the past. Despite the recent bear market, Telcoin has shown resilience and continued to perform well. Its practical use case and proven track record suggest it could achieve significant growth again. The focus on providing real-world solutions in underserved markets positions Telcoin as a strong candidate for another 100x return, especially as it continues to expand its reach and improve its services. Telcoin’s platform allows users to send money quickly and affordably, bypassing traditional banking infrastructure and reducing transaction costs. This makes it particularly valuable in regions where access to financial services is limited.

Key features:

  • Mobile-First Approach: Telcoin leverages the widespread use of mobile phones to facilitate financial transactions.

  • Proven Track Record: Telcoin has already demonstrated its potential by achieving a 500x return in the past.

  • Practical Use Case: Its focus on providing real-world solutions in underserved markets positions it well for future growth.

Potential for Growth: Telcoin’s resilience and continued performance during market downturns suggest it could achieve significant growth again. Its practical use case and expansion in emerging markets make it a strong candidate for another 100x return .

4. Toncoin

Toncoin, often referred to as “Telegram money,” is another cryptocurrency with significant potential. Telegram, a widely used messaging platform, has introduced paid advertising within its application, using Toncoin as the medium for transactions. This move is reminiscent of Google’s introduction of Google Ads, which led to phenomenal growth for the company.

Telegram’s advertising platform allows users to create ads that are broadcast on various channels, targeting users when they are most interested in the products or services being offered. This integration of advertising and cryptocurrency provides a powerful use case for Toncoin. As Telegram continues to expand its features and possibly introduce new services like a marketplace, the demand for Toncoin is likely to increase. This could drive substantial growth, making it a promising candidate for significant returns. Toncoin facilitates seamless transactions within the Telegram ecosystem, providing users with a quick and easy way to pay for services, access premium content, and support creators. The potential for widespread adoption of Toncoin within Telegram’s large user base underscores its growth prospects.

Key features:

  • Integration with Telegram: Users can create ads that are broadcast on various channels, using Toncoin for transactions.
  • Expanding Ecosystem: Telegram’s potential future features, like a marketplace, could further increase demand for Toncoin.

Potential for Growth: The integration of advertising and cryptocurrency within Telegram provides a powerful use case for Toncoin. As Telegram expands its features, the demand for Toncoin is likely to grow.

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5. Lido

Lido is a prominent player in the staking ecosystem, providing real staking solutions for digital assets. It is definitely the big thing. Staking is a process where cryptocurrency holders can earn rewards by participating in the network’s consensus mechanism. Lido simplifies this process, making it accessible to a broader audience and allowing more people to benefit from staking.

The staking market is huge and growing rapidly, as more investors seek to earn passive income from their digital assets. Lido’s role in this market, combined with its robust infrastructure and user-friendly platform, positions it well for significant growth. As the demand for staking solutions increases, Lido could see substantial returns, potentially achieving a 100x increase in value. Lido’s platform supports staking for various cryptocurrencies, offering users a diversified portfolio of staking opportunities. Its ability to attract and manage immense capital through staking services makes it a compelling investment opportunity. By providing a reliable and efficient way for users to earn rewards, Lido is positioned to become a leading player in the staking industry

Key features:

  • Liquid Staking Solutions: Lido allows users to stake their tokens while keeping them liquid for use in other DeFi applications.

  • Robust Infrastructure: Lido’s user-friendly platform and strong infrastructure support its staking services.

  • Growing Market: The demand for staking solutions is increasing, making Lido well-positioned for growth.

Potential for Growth: As more investors seek to earn passive income from their digital assets, Lido’s role in the staking market becomes increasingly important. Its ability to manage significant capital through staking services positions it for substantial returns .

6. Lee

Lee Token is the token of Cheelee. A GameFi short video platform where users can earn money by viewing and creating content, regardless of their number of subscribers. On average, users spend 2.5 hours each day on social networks without receiving any tangible rewards. 

Cheelee envisions an app used globally for entertainment, development, and earnings. Working within the “Attention Economy” framework. By integrating GameFi mechanics into its short video platform, allowing users to earn money by viewing and creating content. This gamified approach taps into the rapidly growing GameFi sector, which is attracting substantial investor interest and user engagement.

Cheelee’s dual-token system (CHEEL and LEE) is designed to support the platform’s economy and reward users. With a limited issuance cap and progressive mining difficulty, LEE’s value is poised to increase as more tokens are mined. The robust tokenomics ensure long-term sustainability and value appreciation. The team behind Cheelee has a proven track record in tech and finance, ensuring that the project is in capable hands. Their expertise in developing and scaling innovative platforms provides confidence in Cheelee’s ability to execute its vision and achieve substantial growth.

By joining Cheelee, users can start earning immediately without initial investment, integrate seamlessly into their existing social media usage, and benefit from developed mechanics ensuring altcoin value stability.

Cheelee’s ambassador and active user programs incentivize engagement and reward users with Digital Glasses, further driving platform adoption and retention. This community-driven approach fosters a loyal user base that contributes to the platform’s success.

Projects like Cheelee, which offer unique value propositions and innovative solutions, are well-positioned to capitalize on this bullrun and deliver exceptional returns

Key features:

  • Digital Glasses: Virtual glasses distinct in design and rarity, enabling users to earn coins through viewing.

  • CHEEL Coin: Used for in-game purchases and future voting on app features.
  • LEE Coin: The primary internal coin with a set issuance cap, earned by viewing content.
  • Attention Economy: Users are rewarded for their attention, converting it into income.
  • Earning Strategies: Various strategies based on the rarity of Digital Glasses and user engagement.

Final Thoughts

The actual cryptocurrency market presents a multitude of opportunities for discerning investors. Do you want any advice ? By focusing on emerging technologies like EarthMeta, evaluating project fundamentals, diversifying investments, and staying attuned to market trends, you can position yourself to capitalize on the next big thing. Remember, while the potential for high returns is alluring, it’s essential to approach cryptocurrency investment with a well-researched and balanced strategy.

Investing in cryptocurrencies can be highly rewarding but also involves a fair amount of risk. As the digital asset market continues to mature, identifying the next big cryptocurrency to explode requires a blend of strategic insight, market knowledge, and a bit of foresight. The year 2024 is expected to bring new opportunities for investors who are prepared to navigate this dynamic landscape.

One key factor in cryptocurrency investment is market timing. Bull runs, periods when the market experiences rapid price increases, offer the best opportunities for significant returns. However, these periods can be unpredictable, and recognizing the early signs of a bull market can be challenging. Staying informed about market trends and global economic factors that influence cryptocurrency prices is essential for making timely investment decisions.

Diversifying your portfolio is another essential strategy. Rather than putting all your resources into one project, spreading investments across various promising cryptocurrencies can mitigate risks and enhance potential returns. For example (and this is just an exemple) you can put 35% on Coin A, 25% on Coin B, 15% on Coin C, 15% on Coin D, and 10% on Coin E, or put 20% on each project. This approach not only reduces exposure to any single asset’s volatility but also allows investors to benefit from the growth of multiple projects.

Also, the cryptocurrency market is driven by innovation – You heard for sure about these new technologies coming : like the Metaverse, Artificial Intelligence, and decentralized finance are not just buzzwords; they represent the future of digital interactions and financial systems. Projects that successfully integrate these technologies are likely to attract significant attention and investment – and therefore, can be the next altcoin to get a huge reward !.

Don’t forget that a project’s success is often determined by its fundamentalsteam experience, technological innovation, and a clear, ambitious roadmap. You should look for projects with a strong foundation and the ability to execute their vision. Solid tokenomics, which refers to the economic model governing the token’s distribution and utility, is also important for long-term sustainability.

What is the principle of DYOR (Do Your Own Research) ?

“Do Your Own Research” (DYOR) is a cornerstone principle in the world of cryptocurrency investing, emphasizing the importance of personal diligence and independent analysis. Given the volatility and speculative nature of the cryptocurrency market, DYOR is not just recommended but essential for anyone looking to invest. Here, we will delve deeper into the various aspects of DYOR and provide comprehensive guidance on how to execute it effectively.

The Essence of DYOR

  • Empowerment Through Knowledge: DYOR empowers investors by providing them with the necessary information to make informed decisions. This reduces reliance on external opinions and mitigates the risk of falling for scams or hype-driven investments.

  • Risk Management: By understanding the intricacies of a project, investors can better assess the risks involved and develop strategies to manage them. This includes identifying potential red flags early on.

  • Building Confidence: Thorough research instills confidence in your investment choices, making it easier to hold through market fluctuations and stick to your investment strategy.

Foundational Understanding:

  • Learn the Basics: Start with the fundamentals of blockchain technology and cryptocurrency. Understand how blockchain works, what cryptocurrencies are, and the different types of digital assets.

  • Stay Updated: Follow reliable news sources, join forums like Reddit and Bitcointalk, and participate in community discussions to stay updated on the latest trends and developments.

Project Evaluation:

Whitepaper Analysis: The whitepaper is the project’s blueprint. It should outline the project’s purpose, technology, use case, tokenomics, roadmap, and team. Key sections to focus on include:

  • Problem Statement: What problem is the project solving?
  • Solution: How does the project propose to solve this problem?
  • Technology: What technology is being used? Is it innovative?
  • Tokenomics: How is the token distributed? What is the total supply?
  • Roadmap: What are the project’s future plans and milestones?
  • Team and Advisors: Investigate the team’s background and experience. A team with a proven track record in relevant fields is more likely to succeed. Look for transparent LinkedIn profiles, previous projects, and advisor endorsements.

Market Analysis:

Market Capitalization: This is a key indicator of a cryptocurrency’s size and potential. Market cap = current price x circulating supply.

Categorize cryptocurrencies into:

  • Large-cap: Over $10 billion. Lower risk, stable, but lower potential returns.

  • Mid-cap: Between $1 billion and $10 billion. Balanced risk and reward.

  • Small-cap: Under $1 billion. Higher risk but potentially higher returns and therefore potential for a x100 or more.

Trading Volume: High trading volume indicates strong market interest and liquidity, reducing the risk of price manipulation and making it easier to enter and exit positions.

Price History: Analyze historical price charts to understand past performance, volatility, and potential support and resistance levels.

Fundamental Analysis:

  • Use Case and Utility: Evaluate the real-world applications of the cryptocurrency. Does it solve a significant problem or offer a unique solution?

  • Technology and Innovation: Assess the technology behind the project. Is it groundbreaking or a slight improvement over existing solutions? Innovations that offer significant advantages over already existing competitors can drive long-term value.

  • Adoption and Partnerships: Look for evidence of adoption. Are there partnerships with established companies or institutions? High adoption rates and strategic partnerships can be strong indicators of a project’s viability.

Economic Model and Tokenomics:

  • Token Distribution: Understand how tokens are distributed. A fair and transparent distribution is crucial for long-term sustainability.

  • Inflation and Deflation: Analyze the token’s inflation or deflation mechanisms. How will new tokens be introduced or burned?

  • Staking and Rewards: Look into any staking mechanisms and the rewards offered. Sustainable and attractive staking rewards can incentivize long-term holding.

Tools and Resources for DYOR :

  • News Aggregators: Websites like CoinDesk, CoinTelegraph, and CryptoSlate provide up-to-date news and analysis.

  • Social Media: Twitter, Reddit, and Telegram are essential for real-time updates and community sentiment.

  • Blockchain Explorers: Tools like Etherscan and BscScan allow you to verify transactions, smart contracts, and token distribution.

  • Market Data Platforms: CoinMarketCap and CoinGecko offer comprehensive market data, including prices, volumes, and market caps.

  • Analytical Tools: Websites like Glassnode and CryptoQuant provide on-chain analytics that can give insights into market trends and investor behavior.

Common Pitfalls to Avoid :

  • Following Hype: Avoid making decisions based solely on hype or FOMO (Fear of Missing Out). Always back your decisions with solid research.
  • Overlooking Red Flags: Pay attention to warning signs such as anonymous teams, lack of transparency, and unrealistic promises.
  • Ignoring Market Sentiment: While it’s important to be independent, completely ignoring market sentiment can lead to missed opportunities or unexpected risks.
  • Neglecting Exit Strategies: Plan your exit strategy before investing. Know when to take profits or cut losses to avoid emotional decision-making during market volatility.

How to determine if a cryptocurrency is big or small ?

The size and potential of a cryptocurrency can be determined by examining various metrics:

Market Capitalization:

  • Large-cap: These are well-established cryptocurrencies with a market cap over $10 billion. Examples include Bitcoin (BTC) and Ethereum (ETH). They are typically considered lower risk.

  • Mid-cap: Cryptocurrencies with a market cap between $1 billion and $10 billion. These projects have a balance of potential growth and risk.

  • Small-cap: Cryptocurrencies with a market cap below $1 billion. These projects often have the highest growth potential but also carry the highest risk.

Circulating Supply vs. Total Supply:

  • Circulating Supply: The number of tokens currently available for trading in the market.
  • Total Supply: The maximum number of tokens that will ever be available.

A low circulating supply relative to the total supply can indicate potential inflation if many new tokens are released into the market.

Adoption and Usage:

Projects with high adoption rates and real-world usage are generally more stable and have a larger market cap.

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We are the editorial team of SatoshiTimes, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on SatoshiTimes, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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US Cryptocurrency Rules Delayed by ‘Never-Ending’ Lawsuits

SatoshiTimes Staff

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Ripple Pledges $25 Million Per Year to Crypto Super PAC

Ripple CEO says cryptocurrency industry still seeking regulatory clarity from US

Speaking to Bloomberg News on Wednesday (July 17), Author: Brad Garlinghouse he said America is behind behind other countries which have already adopted cryptocurrency regulations.

“What we’re seeing, where it’s the UK, Japan, Singapore… even the European Union, more than two dozen countries have come together to provide a framework for cryptocurrency regulation,” Garlinghouse said.

“It’s frustrating that we as a country can’t get that regulatory framework in place. And instead, we have this never-ending lawsuit coming from the SEC that doesn’t really address the problem.”

Ripple has been the target of some of these legal disputes. Securities and Exchange Commission (SEC) sued the company in 2020, accusing it of conducting a $1.3 billion operation offering of unregistered securities tied to its XRP token.

However, last year a judge ruled that only Ripple’s institutional sales of XRP, not retail sales, violated the law, a decision widely seen as a victory for the cryptocurrency industry.

As PYMNTS noted at the time, that ruling has “far-reaching repercussions impact across the digital asset ecosystem, which has long maintained that its tokens do not represent securities contracts.”

However, Garlinghouse told Bloomberg on Wednesday that the company cannot wage multimillion-dollar legal battles over each token.

He spoke to the news agency from the Republican National Convention in Milwaukee, where the party is backing the candidacies of former President Donald Trump and Ohio Sen. J.D. Vance, both of whom are considered pro-cryptocurrency.

But Garlinghouse argued that cryptocurrencies “should not be a partisan issue,” and noted that he had recently attended a conference in Washington that included Democrats, including White House officials.

“I think they were there, listening to the industry… it was refreshing to start having that conversation,” she said.

President Joe Biden earlier this year he vetoed a measure which would have ended the SEC’s special rules for crypto-asset custodians. This legislation was supported by both the digital asset industry and the banking industry.

Ripple early this year donated $25 million to the cryptocurrency industry’s super PAC Fair Smoothiewith Garlinghouse stating at the time that such donations would continue every year, as long as the industry had its detractors.

Second Open SecretsWhich monitor spending For campaigns, the PAC has spent $13.4 million this year, much of it to help defeat Rep. Katie Porter’s (D-Calif.) U.S. Senate campaign.



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The Future of Cybersecurity in the Cryptocurrency Industry

SatoshiTimes Staff

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The Future of Cybersecurity in the Cryptocurrency Industry

The cryptocurrency space has had a tumultuous journey, with its fair share of ups and downs. As we look to the future, one area that remains a constant focus is cybersecurity. The digital nature of cryptocurrencies makes them inherently vulnerable to cyber threats, and as the industry evolves, so does the landscape of potential risks.

In 2022, the cryptocurrency market faced significant challenges, with over $2 trillion in market value lost. This event served as a wake-up call for the industry, highlighting the need for robust cybersecurity measures. The future of cryptocurrency security is expected to see a shift towards more regulated and established institutions taking the reins of crypto technology and blockchain infrastructure.

The decentralized nature of cryptocurrencies offers numerous benefits, such as transparency and financial inclusion. However, it also introduces unique security challenges. The risk landscape is filled with threats such as hacking, phishing, ransomware attacks, malware, and social engineering. These threats not only lead to financial losses, but also damage the reputation and trust within the cryptocurrency ecosystem.

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The decentralized nature of cryptocurrencies offers many benefits, but it also presents unique security challenges. Cyber ​​risks such as hacking, phishing, and ransomware pose threats to the integrity of digital assets. The infrastructure that supports cryptocurrencies is not immune to vulnerabilities, including smart contract flaws and exchange hacks.

To address these vulnerabilities, the infrastructure that supports cryptocurrencies must be strengthened. Smart contract vulnerabilities, exchange hacks, wallet breaches, and flaws in the underlying blockchain technology are significant concerns that must be addressed to ensure the security and integrity of digital assets.

As cybercriminal tactics and techniques become more sophisticated, the cryptocurrency industry must stay ahead of the curve. The future will likely see more targeted attacks, exploiting weaknesses in infrastructure, networks, and human factors. This requires a proactive and multifaceted approach to cybersecurity.

To mitigate these risks, several measures must be adopted:

Strengthening security measures: Developers, exchanges, and wallet providers must improve security protocols, use strong encryption, implement multi-factor authentication, and conduct regular security audits.

Education and awareness: Users should be educated on best practices for protecting their digital assets, including using strong passwords, recognizing phishing attempts, and using hardware wallets for secure storage.

Looking ahead, the cryptocurrency industry is expected to see an increased focus on robust security measures. Blockchain projects and exchanges are likely to invest in advanced encryption techniques and decentralized storage solutions to protect user assets. The future impact of cyber risk on cryptocurrencies will depend on the collective efforts of stakeholders to address vulnerabilities and strengthen security measures.

Collective efforts by stakeholders in the cryptocurrency space are crucial to address vulnerabilities and strengthen security measures. While challenges persist, advances in cybersecurity technologies and practices offer hope for a more secure and resilient cryptocurrency ecosystem.

The future of cybersecurity in the cryptocurrency industry depends on finding a balance between innovation and regulation. It requires a collaborative effort from all parties involved, from developers to end users, to create a secure environment that fosters trust and growth in the industry. As we move forward, it is critical that lessons learned from past events guide the development of stronger security measures, ensuring the longevity and stability of cryptocurrencies as a vital part of the modern economic toolkit.

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Bullish XRP and RLBK price predictions rise, outpacing the broader cryptocurrency market, prompting Shiba Inu holders to switch!

SatoshiTimes Staff

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Bullish XRP and RLBK price predictions rise, outpacing the broader cryptocurrency market, prompting Shiba Inu holders to switch!

Bitcoin’s one-week surge from $60,000 has pushed other cryptocurrencies into an uptrend. However, for many altcoins, this trend has been temporary. Altcoins such as XRP and Shiba Inu (SHIB) have experienced price drops. However, Rollblock, a new altcoin on the Ethereum blockchain, has thrived during this period, attracting thousands of investors looking for long-term growth.

XRP’s Nearly 30% Growth Over Last Week Drops as Selling Pressure Increases

XRP is seeing further price decline as Ripple investors withdraw their profits from the token. The surge in XRP’s price to $0.64 in the past week has provided investors with a perfect opportunity to increase their returns in the short term. With the ongoing sell-off in XRP, XRP has jumped over 8% in the past day and is now trading at $0.59. However, analysts tracking XRP indicators predict that XRP could still extend its gains by over 30% in the coming weeks.

Shiba Inu (SHIB) marks its third consecutive day of losses

Shiba Inu (SHIB) is in a period of adjustment after a week of strong gains. In the last 24 hours, SHIB has seen a jump of over 7%, reflecting a natural market fluctuation. Analysts are observing a death cross on the Shiba Inu chart, which historically signals the potential for future opportunities as the market stabilizes. As investors explore new possibilities, some are diversifying into promising altcoins like Rollblock (RBLK) to strategically rebalance their portfolios and capitalize on the emerging trend.

Rollblock (RBLK) Up Another 7% as New Investors Join Pre-Sale

Rollblock (RBLK) has taken the cryptocurrency market by storm, having attracted investors from more popular altcoins like Shiba Inu (SHIB) and XRP. Rollblock’s growth is attributed to its utility in the $450 billion global gaming industry.

Rollblock aims to use blockchain technology to bridge the gap between centralized and decentralized gambling. With blockchain technology, Rollblock secures every transaction in its online casino, providing transparency and convenience to millions of players who are uncomfortable placing bets on other iGaming platforms.

This innovative use of blockchain technology in the industry has grown Rollblock to over 4,000 new users in less than two months. With plans to add sports betting, this number is expected to grow exponentially in Q3.

Rollblock uses a revenue sharing model that splits up to 30% of its casino’s weekly profits with token holders. This happens after Rollblock buys back $RBLK from the open market and uses half of it for rewards. The other half is burned to increase the price of $RBLK.

Rollblock price has seen four increases in the past month with $RBLK tokens now selling for $0.017. Analysts predict that at the current growth rate, Rollblock could increase by over 800% before the presale ends. For investors looking for a long-term token with growth potential, phase four is the best time to buy Rollblock before its price skyrockets!

Discover the exciting Rollblock (RBLK) pre-sale opportunities now!

Website:https://Rollblockpresale.io/

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Texas Crypto Miners Turn to AI as Crypto Declines

SatoshiTimes Staff

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Texas Crypto Miners Turn to AI as Crypto Declines

As cryptocurrency mining becomes less profitable, Texas cryptocurrency mining companies are switching to supporting artificial intelligence companies.

Bitcoin miners, with their sprawling data centers and access to significant energy resources, are ideally suited for computationally intensive AI operations, and as cryptocurrency mining becomes less profitable, companies see this shift as a logical answer to their problems.

On Thursday, Houston-based Lancium and Denver-based Crusoe Energy Systems announced a multibillion-dollar deal to build a 200-megawatt data center near the West Texas city of Abilene to support advanced artificial intelligence applications such as medical research and aircraft design, CNBC reported. The plant represents the first phase of a larger 1.2 gigawatt project.

Lancium and Crusoe’s move into AI mirrors a broader trend among bitcoin miners. The combined market capitalization of the top U.S.-listed bitcoin miners hit a record $22.8 billion in June. Companies like Bit Digital and Hut 8 are diversifying into AI, with Bit Digital securing a $92 million annual revenue deal to supply Nvidia GPUs and Hut 8 raising $150 million to expand its AI data center.

But the growing popularity of these operations also presents challenges, particularly for the Texas power grid. Last month, the Electric Reliability Council of Texas announced that the state is expected to nearly double its energy production by 2030 to meet the high energy demands of data centers and cryptocurrency operations.

Lieutenant Governor Dan Patrick expressed concern about the projections.

“Cryptocurrency miners and data centers will account for more than 50% of the additional growth. We need to take a close look at these two sectors,” He wrote on Twitter/X. “They produce very few jobs compared to the incredible demands they place on our network. Cryptocurrency miners could actually make more money selling electricity to the network than they do from their cryptocurrency mining operations.”

Analysts predict significant growth in data center power capacity, which is expected to account for up to 9% of U.S. electricity consumption by 2030.

The operations also pose challenges for nearby cities. Earlier this month, TIME reported that a crypto-mining facility was seriously compromising the health of residents in the city of Granbury. TIME reported more than 40 people with serious health problems, including cardiovascular disease, high blood pressure and hearing loss. At least 10 of the residents needed to go to the emergency room or an urgent care facility.

The disturbances were caused by the extreme noise generated by the crypto-mining facility’s fans, which are used to keep the machines cool. While the proposed data center in Abilene would use liquid cooling systems, it’s still unclear whether the facility’s operations would pose a health risk to local residents.

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