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The Web 3.0 world is a tightly-knit community where a win for one asset can lead to a ripple effect of positive outcomes for all. It’s no secret that Binance’s support for the Gala V2 token is a significant win for its development, as it gains the much-needed traction to improve its backend and provide better services to its users. As a result, other tokens like chúng tôi Shiba Inu (SHIB), or Love Hate Inu (LHINU), which also rely on the ERC-20 system, can benefit from this support and improve their own protocols.
Binance Supports the Emerging GALA V2 AirdropBinance, the renowned cryptocurrency exchange, has declared its support for the contract swap of Gala (GALA) tokens on May 15th. During this epochal event, deposits and withdrawals of GALA on the Ethereum (ERC20) network will be temporarily suspended, while the old GALA (ERC20) smart contract address will be suspended.
Nevertheless, trading and subscriptions will continue unabated, as Binance expertly handles all technical requirements for users holding GALA on the exchange. In a moment of unsurprising elation, the GALA price skyrocketed by 7% to $0.0307, while its trading volume surged over 100% to a whopping $228 million.
Despite that, Coinbase will opt out of the support club this time. It’s not clear why, but speculations are swirling that it could be related to the token’s issuance or regulatory concerns.
Perks of the GALA V2 on EthereumThe arrival of the GALA V2 upgrade to the Ethereum smart contract is a much-anticipated event in the world of crypto. This upgraded version of the token is endowed with several enhancements that are set to take the token to the next level. One of these enhancements is the improved burn mechanism, which will ensure that the token is more efficient and effective in performing its functions within the Gala Games ecosystem.
Potential Benefit of the GALA Advancement on Digital AssetsThe benefit of GALA v2 in the crypto sphere includes its utility within the GALA Games ecosystem, where assets like Love Hate Inu, Axie Infinity, and others dominate. Tokens like Shiba Inu, Polygon, and even chúng tôi can even benefit from its enhanced burn mechanisms. These benefits can contribute to a stronger and more resilient token economy, creating more opportunities for growth and innovation in the crypto space.
Understanding chúng tôi What it is and How it WorksCryptocurrencies are no strangers to presale phases, where projects like Shiba Inu and Love Hate Inu thrive. These presale periods involve a waiting duration before the official launch.
However, chúng tôi has taken a unique approach by allowing users to skip the presale phase altogether. By simply signing up with their email addresses, users automatically become part of the ‘Millionaires Club’ and help chúng tôi reach its goal of one million sign-ups. After which, chúng tôi will get in on the action right away.
The collaboration between Binance and Gala Games will undoubtedly have a positive impact on the entire Web 3.0 space, furthering its progress and potential. It is also likely to have a domino effect, ultimately benefiting tokens like chúng tôi by leveraging the capabilities of Ethereum’s protocols.
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Ethereum, Binance Coin, Dogecoin Price Analysis: 26 July
After weeks of consolidation, major altcoins boomed overnight. As Elon Musk’s tweet gave a strong push to the cryptocurrency market, Dogecoin gained 16% over the last 24 hours. This rally in Dogecoin’s prices propelled it to become overbought for the first time in the month of July.
Ethereum’s market capitalization rose and it showed chances of observing high market volatility. Binance Coin showed substantial signs of recovery as capital inflows hiked but it also flashed the probability of a price breakout soon.
Ethereum (ETH)Ethereum gained by 8.3% over the last 24 hours. Its market capitalization surged by 7.19% owing to the price surge. The trading volume of Ethereum witnessed a positive change as buyers had started to flock to the market in anticipation that prices could rally further. This change in sentiment came amidst Amazon’s stance on adopting cryptocurrencies.
The bullish signal may continue to help ETH challenge its immediate resistance level of $2390. At press time, the alt-king was valued at $2342. On the Awesome Oscillator, green signal bars found precedence over red signal bars, implying that the bulls were stronger in the market.
Binance Coin (BNB)It had been a very slow few weeks for Binance Coin, as regulatory concerns made it harder for the coin to move higher. Post July 21, most of the altcoin market showed signs of recovery, but BNB’s rate of recovery was placid in comparison.
Over the last 24 hours, however, BNB replicated the movement of other altcoins, as it gained about 4.6% as prices stood at $318 at press time. BNB broke the robust price support level of $291 as it traded much above that mark.
The strong recovery brought the bulls back in the run. At the time of writing, MACD showed green histograms suggesting a bullish signal in the market. A chance of price breakout still looked possible since, as the Squeeze Momentum Indicator showed, the market entered a period of low volatility but also with a presence of squeeze.
Capital inflows stayed steady with buyers coming back to the market as the Chaikin Money Flow displayed an uptick. Capital inflows were more in comparison to outflows at the time of writing.
Dogecoin (DOGE)DOGE maintained its bullish momentum quite well as it traded above its price floor of $0.19. At press time, the meme currency was valued at $0.22 which meant that the coin rose by 16% almost over the last day. It has been a relief for DOGE as the coin seems to have broken off its sluggish price movement ever since the SNL event.
It is vital to see if the alt manages to hover around this price level over next trading sessions. With the Parabolic SAR’s dotted lines below the candlesticks, an uptrend could be expected.
DOGE for the first time in the month of July, went above the 70-mark on the Relative Strength Index, straight into the overbought territory. The demand for the coin shot up as prices rallied, the RSI was pictured in the overvalued and overbought zone.
Chaikin Money Flow had depicted a sharp increase in capital inflows at the beginning of July 26. Due to intra-day losses, the indicator fell again. However, at the time of writing, it experienced a small uptick suggesting capital inflows were more at press time.
Dogeliens Is Creating A Buzz Among Enthusiasts Like Ethereum And Polkadot. Here’s Why
The best is yet to come from the world of cryptocurrency, as new technologies, innovations, and projects continue to grace the sector. Several old and new crypto projects are currently competing for the top spot, each with unique and innovative offerings to crypto enthusiasts. Among them is Dogeliens (DOGET), a new meme project soon to enter the cryptocurrency market.
Dogeliens (DOGET) stands out among meme coins due to its multiple utilities. The new cryptocurrency is fast becoming popular among crypto enthusiasts and has stolen several cryptocurrency news headlines. This guide explores why it is creating such a buzz, alongside Ethereum (ETH) and Polkadot (DOT), two successful altcoins.
Enter the World of Pupotia with DogeliensDogeliens (DOGET) is among the few meme tokens bringing a fresh dimension to the meme sector. Unlike most meme tokens with no real-world use cases, the new cryptocurrency will set itself apart by bringing utility into the meme sector.
Dogeliens (DOGET) will power a metaverse ecosystem that integrates the gaming and decentralized finance (GameFi) and non-fungible token (NFT) sectors. These sectors are the current booming sectors in the crypto space that crypto enthusiasts are flocking toward.
Dogeliens (DOGET) plans to become a play-to-earn (P2E)-supported gaming ecosystem that will deliver immersive gameplay. This marks its potential to become the next big cryptocurrency, as users will be able to unwind and enjoy the best monetizable gaming and metaverse experience on the platform.
With Dogeliens (DOGET), users can buy unique NFTs and utilize them in games within the ecosystem. The gameplay will enable them to obtain in-game NFT items they can sell or trade for real money, helping them earn passive income along the way.
Dogeliens’ (DOGET) pre-sale is ongoing, but its official launch date is yet to be revealed.
Hold Ethereum to Be a Part of the Largest Altcoin EconomyEthereum (ETH) is the second-largest crypto by market capitalization and the largest smart contract blockchain. Just over a month ago, in September, Ethereum (ETH) ditched the Proof-of-Work (PoW) consensus mechanism to onboard Proof-of-Stake (PoS) via an upgrade that marked a shift in the crypto world.
Per cryptocurrency news reports, Ethereum’s (ETH) power consumption since the Ethereum (ETH) 2.0 upgrade is down by 99.9%. The upgrade also served to improve Ethereum’s (ETH) scalability, security, and sustainability.
Ethereum (ETH) is a pioneer of smart contracts and DeFi and powers thousands of decentralized applications (dApps), NFTs, and several other crypto projects.
As a result of the Ethereum 2.0 (ETH) upgrade, the cryptocurrency is enjoying a renewed surge of adoption. Several organizations who once ditched the cryptocurrency project due to its slow speeds, minimal scalability, and energy intensiveness are rushing to buy Ethereum (ETH) once more.
Experience Web3 with PolkadotPolkadot (DOT) is an open-source Proof-of-Stake (PoS) blockchain protocol supporting the unity and security of a growing ecosystem of blockchains or parachains. A highly efficient and interoperable project, Polkadot (DOT) is home to 66 blockchains and over 300 crypto projects spanning its ecosystem.
Polkadot (DOT) has been creating a buzz in the crypto space for all the right reasons. Cryptocurrency news reports suggest Polkadot (DOT) recently hit an all-time high in development activity, beating the likes of Bitcoin (BTC) and Ethereum (ETH).
Polkadot (DOT) is one of the cryptocurrency market’s largest and most profitable coins, enabling users to participate in the decentralized finance (DeFi) economy. Thus, Polkadot (DOT) commits to unlocking new opportunities and rewards for users in its ecosystem.
Dogeliens (DOGET), Ethereum (ETH), and Polkadot (DOT) are three cryptocurrencies with several features, capabilities, and offerings for the cryptocurrency market. As Ethereum (ETH) and Polkadot (DOT) continue to grow by leaps and bounds, Dogeliens’ (DOGET) presence comes with much hype.
Dogeliens’ (DOGET) pre-sale is an opportunity to buy the potential next big cryptocurrency now for cheap.
Cardano, Solana, Binance Coin, Avalanche, Ethereum – Will These Cryptocurrencies Outgrow In 2023?
The best rewarding cryptocurrencies of 2023 are those with the potential to explode and possibly break their previous ATH. The good news for crypto investors is that there are cryptocurrencies that might break out in 2023. Here are some of the cryptocurrencies worth watching in 2023.
Cardano
Cardano has been around since 2023 when the coin launched, and it has a proven reliable crypto coin to invest in. It is currently among the top 10 largest by market cap. The developments coming up are the reason why Cardano might explode in 2023. As one of the fastest and secure blockchains, the Cardano team is working to make the network even better. From the recently revealed 2023 roadmap, the widely anticipated protocol upgrade is coming up with the launch of the Hydra. Hydra is a layer-2 scalability solution that will increase the Cardano tps to facilitate more transactions. The other reason why Cardano might explode in 22 is the increasing number of dApps coming live on Cardano mainnet this year. This means more $ADA utility, and that’s another way the cryptocurrency might grow larger this year.
Solana (SOL)
Solana (SOL) is another good crypto project of 2023. The coin is still doing well in the market, ranking top 5 largest cryptocurrencies at the time of this writing. Being the fastest blockchain is the key factor selling Solana. With the blockchain supporting over 50,000 transactions per second, more developers and users might join Solana in 2023. The team has also promised to address the 400,000 transactions demand by making improving the mainnet for better scalability. Solana token utility might be even better this year with the expected increase in projects joining the blockchain. All these factors, plus the impressive 2023 roadmap, combined might make Solana explode this year.
Binance Coin
The explosion of the Binance Coin might be inevitable in 2023. The token price grew from less than $40 to over $670 in just a number of months in 2023. The Binance coin still can explode because of a number of factors, with demand for BNB coin leading. There has been a huge demand for the BNB on the market for the last few years. This is as the Binance blockchain and exchange became popular in the industry. The fast and cheaper transaction have made Binance Smart Chain and Binance exchange very popular. The trend is not like to change as developers will be opting for the BSC, while the exchange will grow larger. The continued improvement on the Binance blockchain and the contract will Binance network better. These are factors that might make the Binance coin explode in 2023.
Bitgert
The Bitgert DeFi project is still the talk in the crypto industry, mainly because of the huge expectation the crypto community has on it. The Bitgert team has proven it will deliver the payment system and a complete DeFi ecosystem as promised in the roadmap. The team released major products in the first five months, with the Bitgert staking launching ear Dec 2023. But the products coming in 2023 are going might make this coin explode. The Brise exchange and the Bitgert zero gas fee are the product that will distinguish this project. With no other free gas blockchain in the market, Bitgert might be the most disruptive project in the market. The team has also doxxed in January. Read more on the
Centcex
The issue of token utility is key when investing in cryptocurrency, and Centcex is offering the market one of the high utility projects. This is a blockchain project that is facilitating the development of highly secure dApps with unmatched user experience. The Centcex team is already in the process of developing a decentralized crypto exchange, which is no-KYC. The exchange will solve all the major challenges with current exchanges, including poor scaling, security, and costly gas fee. The attractive Centcex staking and the unlimited product development is another reason why the project might explode. The 100% APY Centcex staking reward is attracting many. Every 3% of the transaction goes to fund Centcex lab to develop unlimited projects. Read more on
Avalanche
Avalanche comes into 2023 as one of the fastest smart contracts in the industry. The platform offers a fast, low-cost, and eco-friendly network where developers can develop and dApp. Avalanche addresses the limitations in most blockchain, which is why it is one of the fastest-growing cryptocurrencies of 2023. 2023 is also expected to be a good year for the Avalanche coin as the recently launched mainnet will now be in full swing to make the platform even faster, more secure, and cheaper. This will make the Avalanche contract more efficient, and projects might be launched on it. These are developments that are expected to make Avalanche grow and possibly explode in 2023. Avalanche is one of the cryptocurrencies to watch.
Ethereum
Putting money in Ethereum, especially now the market is coming out of the dip, may be the best decision. The most widely anticipated development at Ethereum is the completion of the ongoing Ethereum 2.0 protocol upgrades. This is an upgrade that is expected to address the current challenges on the Ethereum blockchain. The blockchain is moving from PoW to a faster, secure, and more sustainable PoS. The protocol upgrade is also bringing the shard chains technology to improve Ethereum’s scalability. The team also expects to launch more products on the network to increase project utility.
The best rewarding cryptocurrencies of 2023 are those with the potential to explode and possibly break their previous ATH. The good news for crypto investors is that there are cryptocurrencies that might break out in 2023. Here are some of the cryptocurrencies worth watching in 2023.Cardano has been around since 2023 when the coin launched, and it has a proven reliable crypto coin to invest in. It is currently among the top 10 largest by market cap. The developments coming up are the reason why Cardano might explode in 2023. As one of the fastest and secure blockchains, the Cardano team is working to make the network even better. From the recently revealed 2023 roadmap, the widely anticipated protocol upgrade is coming up with the launch of the Hydra. Hydra is a layer-2 scalability solution that will increase the Cardano tps to facilitate more transactions. The other reason why Cardano might explode in 22 is the increasing number of dApps coming live on Cardano mainnet this year. This means more $ADA utility, and that’s another way the cryptocurrency might grow larger this year.Solana (SOL) is another good crypto project of 2023. The coin is still doing well in the market, ranking top 5 largest cryptocurrencies at the time of this writing. Being the fastest blockchain is the key factor selling Solana. With the blockchain supporting over 50,000 transactions per second, more developers and users might join Solana in 2023. The team has also promised to address the 400,000 transactions demand by making improving the mainnet for better scalability. Solana token utility might be even better this year with the expected increase in projects joining the blockchain. All these factors, plus the impressive 2023 roadmap, combined might make Solana explode this chúng tôi explosion of the Binance Coin might be inevitable in 2023. The token price grew from less than $40 to over $670 in just a number of months in 2023. The Binance coin still can explode because of a number of factors, with demand for BNB coin leading. There has been a huge demand for the BNB on the market for the last few years. This is as the Binance blockchain and exchange became popular in the industry. The fast and cheaper transaction have made Binance Smart Chain and Binance exchange very popular. The trend is not like to change as developers will be opting for the BSC, while the exchange will grow larger. The continued improvement on the Binance blockchain and the contract will Binance network better. These are factors that might make the Binance coin explode in chúng tôi Bitgert DeFi project is still the talk in the crypto industry, mainly because of the huge expectation the crypto community has on it. The Bitgert team has proven it will deliver the payment system and a complete DeFi ecosystem as promised in the roadmap. The team released major products in the first five months, with the Bitgert staking launching ear Dec 2023. But the products coming in 2023 are going might make this coin explode. The Brise exchange and the Bitgert zero gas fee are the product that will distinguish this project. With no other free gas blockchain in the market, Bitgert might be the most disruptive project in the market. The team has also doxxed in January. Read more on the Bitgert Website The issue of token utility is key when investing in cryptocurrency, and Centcex is offering the market one of the high utility projects. This is a blockchain project that is facilitating the development of highly secure dApps with unmatched user experience. The Centcex team is already in the process of developing a decentralized crypto exchange, which is no-KYC. The exchange will solve all the major challenges with current exchanges, including poor scaling, security, and costly gas fee. The attractive Centcex staking and the unlimited product development is another reason why the project might explode. The 100% APY Centcex staking reward is attracting many. Every 3% of the transaction goes to fund Centcex lab to develop unlimited projects. Read more on Centcex website Avalanche comes into 2023 as one of the fastest smart contracts in the industry. The platform offers a fast, low-cost, and eco-friendly network where developers can develop and dApp. Avalanche addresses the limitations in most blockchain, which is why it is one of the fastest-growing cryptocurrencies of 2023. 2023 is also expected to be a good year for the Avalanche coin as the recently launched mainnet will now be in full swing to make the platform even faster, more secure, and cheaper. This will make the Avalanche contract more efficient, and projects might be launched on it. These are developments that are expected to make Avalanche grow and possibly explode in 2023. Avalanche is one of the cryptocurrencies to watch.Putting money in Ethereum, especially now the market is coming out of the dip, may be the best decision. The most widely anticipated development at Ethereum is the completion of the ongoing Ethereum 2.0 protocol upgrades. This is an upgrade that is expected to address the current challenges on the Ethereum blockchain. The blockchain is moving from PoW to a faster, secure, and more sustainable PoS. The protocol upgrade is also bringing the shard chains technology to improve Ethereum’s scalability. The team also expects to launch more products on the network to increase project utility. Many developments happening at these cryptocurrencies might make them some of the biggest cryptocurrencies in 2023. However, extensive research is recommended before investing in a crypto project.
‘Pained’ Alts Like Ethereum, Xrp, Cardano Have This To Look Forward To
The market has been quite turbulent over the past few days, but the price depreciation on Wednesday managed to leave evident scars. Bitcoin, the market’s crypto-leader, led the crash and most alts, barring a few, went down the same road. Having a long-term horizon and adapting to circumstances in situations like these is the key to preventing portfolios from getting wrecked.
With traders and other people from the industry already acknowledging the ‘correction phase,’ the market has started to show signs of recovery. The lead again, as anticipated, has been taken by Bitcoin.
Commenting on the ongoing market situation, Amsterdam-based technical analyst Michaël van de Poppe recently asserted that the markets wouldn’t be heading towards their former lows again. He said,
“Given the market structure did not shift at all, what’s most likely to happen from here in the next few weeks is that we’ll just be gaining it back.”
Even though the latest price correction was way deeper than what was anticipated by analysts, on zooming out, it is evident that Bitcoin is still in a bull cycle. After witnessing a dip of more than 47 percent in five days in March last year, the coin did not stumble back to breach its own lows on the charts.
The termination of a corrective move is characterized by a gigantic wick on the charts. Usually, sideways action is expected in the area where the weekly closes. Analyzing the same for Bitcoin using the above chart, the analyst added,
“Weekly looks quite interesting at this stage. We’ve got a giant wick and we’re probably going to have bottoming construction here.”
He further went on to point out that the upcoming week looked pretty “interesting” for longs, with the analyst claiming that the $43k, $46k, $49k, and $54k levels were key resistance levels for the world’s biggest crypto.
“Those are the levels we have to break through, and given that we had such a big crash, it doesn’t seem likely that we are out of the blue back here inside the impulse wave. The volatility has to drop down significantly through which there’s most likely a range bound structure.”
What’s in store for the market’s alts?
Most of the altcoins were victims of a massive fall over the last couple of days too. According to Van de Poppe, “All altcoins have been seeing pain at this stage.” Nonetheless, there is something to look forward to. The analyst believes,
“If Bitcoin is making the run further up, we’re going to have altcoins following soon.”
As underlined by the analyst associated with Rekt Capital, when Bitcoin crashed in March 2023, it recovered by more than 39 percent after bottoming. After if its latest crash, it’s quite evident that Bitcoin has followed the same pattern, having already recovered more than 39 percent – A good sign for the market’s alts.
Additionally, at press time, most of the big alts were positively correlated with Bitcoin [Ethereum (+0.92), Litecoin (+0.89), XRP (+0.86), and Cardano (+0.82)]. This further implied that they are in the same boat and are heading together in the same direction.
After months of declining dominance, Bitcoin has gradually started gaining momentum back in the past few days. Ergo, it goes without saying that the current recovery would predominantly depend on how Bitcoin progresses.
However, as previously mentioned, a dead cat bounce is possible before Bitcoin escalates further and the crypto’s price could fall back to $35,000 before it climbs up the ladder. However, if the price manages to sustain a breach of the $42,200-mark, the bearish short-term structure could be negated.
Does The Moon Sound Like A Bell?
Though the Apollo lunar modules were built for the sole purpose of landing two men on the surface of the Moon, their usefulness didn’t end after ascending from the lunar surface. NASA used the spent spacecraft for science, directing these modules for controlled crashed into the Moon. These crashes caused moonquakes, and scientists measured the vibrations moving through the Moon and found it rings like a bell.
The real goal of the seismic experiments was to figure out the Moon’s internal structure. Measuring how long the reverberations last, how powerful they are, and how big the waves get can reveal what the Moon is made of. Remote seismic stations were instrumental in this investigation, and they were deployed as part of the Apollo Lunar Surface Experiment Packages that astronauts set up on the Moon on Apollos 12, 14, 15, and 16; different versions were deployed on Apollos 11 and 17. From when they were first set up to when they were remotely shut down in 1977, these ALSEPs recorded all kinds of seismic activity. The data was sent back to receiving stations on Earth where the signal was magnified by 10 million so scientists could interpret the signal.
Apollo 12’s ALSEP
Apollo 12’s ALSEP on the lunar surface.
But something interesting happened on Apollo 12. After Pete Conrad and Al Bean landed at the Ocean of Storms on November 14, 1969, they left the lunar surface 142 hours into the flight. Eight hours later, they were reunited with Dick Gordon in the command module and sent their spent lunar module back to the Moon. It impacted about 40 miles away from the Apollo 12 landing site with the force of one ton of TNT. The resulting shockwave built up and peaked in just eight minutes. Then it took an hour to fully dissipate.
Something similar happened on Apollo 13. The S-IVB impacted the Moon 85 miles from Apollo 12’s ALSEP — CMP Jack Swigert joked at the time that it was the only thing on that mission to go right. It hit with the force of 11 and a half tons of TNT. This translated to a seismic impact peaked after seven minute with shockwaves 30 times greater and four times longer than those from Apollo 12’s LM impact.
The vibrations from these two impacts lasted longer than scientists expected, far longer than any equivalent vibrations last on Earth. It was almost as if the Moon was ringing like a bell. This strange result forced scientists to think differently about the Moon and its composition.
Apollo 13’s S-IVB impact
The crater left by Apollo 13’s S-IVB impact.
It turns out that these impacts were characteristic of one of four types of moonquakes scientists studied from ALSEP data. Some moonquakes originate deep below the surface because of lunar tides, some are thermal quakes caused by the Sun thawing the frozen surface at the start of a new lunar day, and others are caused by impacting meteors. The fourth kind of moonquake is a shallow moonquake occurring roughly a couple of tens of miles below the surface. The lunar module and S-IVB both produced this kind of vibration, and these are the most violent types of moonquakes.
Between 1972 and 1977, scientists recorded 28 shallow moonquakes registering as high as 5.5 on the Richter scale. On Earth, that will move heavy furniture and crack plaster, but the vibrations usually die down in a matter of minutes.
It all comes down to water. There’s moisture in the materials that makes up our planet, expanding their structure. As energy from an earthquake moves through our planet, that damp material acts like a sponge, absorbing the energy of the waves and ultimately deadening their effects. But the Moon is dry, cool, and rigid, more like a solid rock than a sponge. So even if a moonquake is less intense, there’s nothing to deaden the vibrations. They just go back and forth through the body until the solid stone eventually stops them. The “ringing bell” is the shock waves reverberating through that stone.
Sources: NASA; NASA.
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