Fraud Alert: Cybercrime by Hollycorn N.V. and Softswiss LUCKY HUNTER Casino Scam -online casino | Crypto Headlines https://cryptoheadlines.org Tue, 27 Aug 2024 21:54:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://cryptoheadlines.org/articles/2024/08/cropped-cryptoheadlines-logo-32x32.png Fraud Alert: Cybercrime by Hollycorn N.V. and Softswiss LUCKY HUNTER Casino Scam -online casino | Crypto Headlines https://cryptoheadlines.org 32 32 Fraud Alert: Cybercrime by Hollycorn N.V. and Softswiss LUCKY HUNTER Casino Scam -online casino https://cryptoheadlines.org/fraud-alert-cybercrime-by-hollycorn-n-v-and-softswiss-lucky-hunter-casino-scam-online-casino/ Tue, 27 Aug 2024 21:54:58 +0000 https://cryptoheadlines.org/fraud-alert-cybercrime-by-hollycorn-n-v-and-softswiss-lucky-hunter-casino-scam-online-casino Beware: LUCKY HUNTER casino Online is an international fraud.

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Rollblock gains traction with Dogecoin, Polygon holders eyeing 500x returns https://cryptoheadlines.org/rollblock-gains-traction-with-dogecoin-polygon-holders-eyeing-500x-returns/ Tue, 27 Aug 2024 00:29:16 +0000 https://cryptoheadlines.org/rollblock-gains-traction-with-dogecoin-polygon-holders-eyeing-500x-returns

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Polygon and Dogecoin lag in 2024 predictions, with capital shifting to Rollblock which has raised 2.5 million in presale.

Polygon and Dogecoin have turned in lackluster performances all year long, severely falling short of the downright unrealistic Dogecoin and Polygon price prediction figures for 2024. Despite the recent uptick in market sentiment, both large-caps continue to underperform in the past 30 days, indicating a capital flight to more promising investment opportunities.

One of those is web3 iGaming and GambleFi platform Rollblock, whose new crypto presale has amassed over $2.5 million in funding and doubled the initial investment of early investors. Learn why this new crypto presale is being tipped for a potential 500x.

Polygon turns on the jets in the past week

Polygon price prediction figures pegged the Ethereum Layer-2 scalability solution to challenge for $2 in 2024. Despite reaching a 2024 high of $1.20, MATIC prices continue to fall short. Polygon prices bottomed out at $0.35 to start August. However, recently MATIC token prices have risen by a sizable 32% gain, almost entirely overturning its 30-day loss to just -0.9%. While this price action is undoubtedly bullish, analysts still expect price action to fall short of the EOY 2024 Polygon price prediction.

Dogecoin struggling to captivate investors despite market uptick

Dogecoin has fallen a long way from its 2021 all-time high of $0.73, trading at the $0.10 range. The dog-themed memecoin has surged by a modest 6% in the past week compared to other altcoins like MATIC.

This indicates a growing lack of interest in Dogecoin in favor of new crypto presale launches and low-cap gems that haven’t had a chance to moon yet. That puts Dogecoin out of the running among the best crypto if you’re looking for serious gains in 2024. 

Rollblock goes past $2.5 million in funding as of stage 5 presale

The real money in crypto is found in new crypto presale launches. Early DOGE and MATIC holders are proof positive of how investing in a new crypto presale could lead to eye-watering profits over the long run. Well, investors have achance to get in on one with Rollblock.

iGaming, after all, is a $450 billion industry—and Rollblock is bringing it to web3 with the launch of its new crypto presale. Rollblock is creating the world’s first and leading play-to-earn, no-KYC crypto casino to the Ethereum blockchain with the most robust GambleFi offering in the market today. Besides offering hundreds of casino games and sports betting markets, Rollblock entitles RBLK holders to a revenue share from the casino’s revenues paid out in weekly dividends.

Tokenomics-wise, RBLK is capped at a 1 billion token supply, with scheduled token burns to reduce supply and increase scarcity. RBLK can be staked for massive APYs and casino rewards, besides using it to wager. With Rollblock, investors aren’t just a pedestrian—they play a role in the growth and success of the leading GambleFi platform of the future. It’s easy to see why analysts believe Rollblock could top out at a 500x gain. Investors can ge  early action while prices are just $0.021.

For more information, visit Rollblock’s presale website or join the online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Toncoin slides 5% as Telegram CEO rumored to face 12 charges https://cryptoheadlines.org/toncoin-slides-5-as-telegram-ceo-rumored-to-face-12-charges/ Tue, 27 Aug 2024 00:29:09 +0000 https://cryptoheadlines.org/toncoin-slides-5-as-telegram-ceo-rumored-to-face-12-charges

Telegram founder and CEO Pavel Durov was reportedly charged with 12 crimes in France related to financial and cybercrimes following his arrest last weekend.

Toncoin (TON), the native cryptocurrency of Telegram-endorsed The Open Network, fell by up to 5% following the news of Durov’s indictment by French authorities. According to crypto.news price data, TON traded below $5.59, marking a decline of 32% from its all-time high set in June.

Toncoin slides 5% as Telegram CEO rumored to face 12 charges - 1
24-hour TON price chart – Aug. 26 | Source: crypto.news

Durov’s supposed charges

Following Durov’s arrest at Le Bourget Airport near Paris, crimes allegedly committed by an unnamed person speculated to be the founder were released.

The 12 charges included three crypto-related offenses: “providing illegal cryptology services for confidentiality, providing a cryptology tool without prior declaration, and importing cryptology tools without prior declaration.”

If Durov is indeed suspected of these crimes, the charges are likely connected to TON, a blockchain network integrated with Telegram’s private messaging app.

The unnamed individual was also charged with money laundering, criminal complicity, and refusal to cooperate with law enforcement. Reports said Telegram’s founder may remain in custody until Aug. 28 as investigations progress. If tried and convicted on these charges, the founder could face 20 years in prison.

At press time, the charges many believed have been levied against Durov remain unconfirmed as the story continues to develop.

Community blasts flawed logic used against Telegram CEO

Since Durov’s arrest over the weekend, billionaires and pro-crypto voices have criticized the move as an assault against personal privacy in Europe.

Figures like Elon Musk and Justin Sun amplified the public chorus in support of freeing Durov and ending the investigation into Telegram. The backlash from social media communities only increased after Durov’s supposed charges were disclosed.

The consensus among outraged observers argued that the logic behind Durov’s rumored crimes made little sense and could be applied to several other founders.

Will TON on Telegram survive?

While Durov has garnered significant support, the legal challenges he faces raise questions about the future of TON on Telegram.

TON’s success is closely tied to its integration with Telegram and the platform’s 900 million users. This legal threat could pose a significant challenge for The Open Network. However, Durov’s victory could lead to greater adoption of TON and signal a crucial victory for crypto and decentralized privacy initiatives.

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Crypto All-Stars set to lead memecoins after presale tops $750K https://cryptoheadlines.org/crypto-all-stars-set-to-lead-memecoins-after-presale-tops-750k/ Tue, 27 Aug 2024 00:29:07 +0000 https://cryptoheadlines.org/crypto-all-stars-set-to-lead-memecoins-after-presale-tops-750k

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Crypto All-Stars raises $750K, poised to reshape memecoin staking.

Memecoin excitement is stirring up, and traders are turning to Crypto All-Stars (STARS) for a diversified bet across the sector.

The project is currently undergoing a presale, which has raised $750K.

Crypto All-Stars will be the first unified staking protocol for memecoins. This concept will change everything for joke token bag holders.

A bet on STARS removes the guesswork from memecoin trading

Memecoins are like lottery tickets – they provide huge returns but are often a game of pure chance. That was until Crypto All-Stars.

The project acts as an infrastructure play for memecoins, meaning it will be used as an operational component within the sector. Because of this, it’s a more diversified option than other memecoins on the market, which are mostly no-utility assets based on a specific joke or trend.

So someone is probably thinking – what exactly is Crypto All-Stars?  Allow us to explain.

Crypto All-Stars is a memecoin staking protocol allowing users to stake memecoins from any blockchain. It leverages Ethereum’s ERC-1155 multi-token standard to facilitate this and is expected to support all the top meme projects, including Dogecoin, Shiba Inu, and Pepe.

Crypto All-Stars set to lead memecoins after presale tops $750K - 1

For the first time, memecoin holders industry-wide can earn money from their tokens without selling them. It changes the market dynamics.

Previously, they’d have to sell their memecoins to make a profit. Now, they can lock them up in Crypto All-Stars’ “Meme Vault” and live off the passive income.

With less selling pressure, memecoin prices could be about to go sky-high. The MemeVault has yet to launch, but investors are already profiting from Crypto All-Stars.

They’re doing this through STARS staking, which is live and currently provides a 1,905% APY. However, this APY will decrease over time. The big rewards are on a first-come, first-served basis.

Crypto All-Stars set to lead memecoins after presale tops $750K - 2

Memecoin mania ignites on Tron and BSC

Nobody saw this coming – meme coin season has kicked off on Tron and BSC unless someone is at their screen 18 hours per day, preempting these memecoin trends is almost impossible.

While most retail traders were glued to Solana, Ethereum, and Base memes, the market once again did the opposite of what everyone thought, with Tron and BSC memes blowing up.

To make money in this market, traders need time, skill, and luck all on their side. It’s a recipe that only a few get right.

But that’s why something like Crypto All-Stars is drawing everyone’s attention. In times when memetic activity is rising, Crypto All-Stars is bound to absorb some of that liquidity.

To access the MemeVault, users must hold STARS. And the more they have, the more they can earn. Put differently, as the prices of MemeVault-supported tokens rise, so will the value of STARS.

Imagine Crypto All-Stars as an ETF for all the top memecoins.

And the concept is catching on fast.  Jacob Bury suggests it has 10x potential once it launches on exchanges.

“It’s high-risk, high-reward stuff, but it looks pretty cool, and maybe we could see some good stuff happen here,” he said.

Crypto All-Stars presale promises the best price today

Investing in Crypto All-Stars is easy. The presale accepts ETH, USDT, BNB, and bank card payments.

Once the campaign ends, STARS will launch on exchanges, and presale investors can claim their tokens. The project has been audited by Solid Proof and Coinsult

In addition to its notable investors and analyst support, smart contract audits from leading security firms attest to the project’s legitimacy and long-term potential.

Crypto All-Stars set to lead memecoins after presale tops $750K - 3

For those wanting to buy, now could be the best time. That’s because the presale price is expected to rise throughout the campaign, with the next increase likely later today.

For more information, visit Crypto All-Stars presale website or follow the project on  X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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MicroStrategy ETF accumulates $127m in assets, $100m daily volume https://cryptoheadlines.org/microstrategy-etf-accumulates-127m-in-assets-100m-daily-volume/ Tue, 27 Aug 2024 00:29:04 +0000 https://cryptoheadlines.org/microstrategy-etf-accumulates-127m-in-assets-100m-daily-volume

The newly launched MicroStrategy leveraged ETF, trading under the ticker $MSTX, is rapidly gaining traction on Wall Street.

The MSTX ETF has amassed $127 million in assets within just six days of its debut, said Eric Balchunas, senior ETF Analyst for Bloomberg. 

The ETF, which seeks to deliver 175% of MicroStrategy’s daily stock return, has been trading at over $100 million in volume per day, showing strong investor interest in MicroStrategy and Bitcoin (BTC).

On August 23, the ETF surged by 20% after a volatile week that included a 10% decline the previous day. Due to its high volatility and potential for significant short-term gains and losses, Balchunas described the ETF as the “mechanical bull” of ETFs.

Issued by Defiance ETFs, known for its thematic and leveraged funds, $MSTX allows investors to amplify their exposure to Bitcoin, as MicroStrategy’s stock is widely viewed as a proxy for the cryptocurrency.

MicroStrategy’s goals 

MicroStrategy is one of the largest corporate holders of Bitcoin. The company recently announced plans to raise $2 billion by selling its class A shares to further invest in Bitcoin and repay debt. 

In its Q2 financial results, MicroStrategy reported acquiring 12,222 Bitcoin at a total cost of over $805 million, bringing its total Bitcoin holdings to 226,500.

South Korea’s National Pension Service has invested $33.75 million in 24,500 shares of MicroStrategy, and other funds like Japan’s GPIF and Michigan’s Retirement System are also participating through ETFs. This growing institutional interest suggests a cautious but notable shift towards integrating Bitcoin into traditional investment portfolios.

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Abra charged by SEC for unregistered crypto offers and sales https://cryptoheadlines.org/abra-charged-by-sec-for-unregistered-crypto-offers-and-sales/ Tue, 27 Aug 2024 00:29:01 +0000 https://cryptoheadlines.org/abra-charged-by-sec-for-unregistered-crypto-offers-and-sales

The U.S. Securities and Exchange Commission announced on Aug. 26 that it has settled charges against Plutus Lending LLC, known as Abra.

The charges relate to Abra’s failure to register its retail crypto lending product, Abra Earn, and for operating as an unregistered investment company. According to the SEC’s complaint, Abra began offering Abra Earn in July 2020, allowing U.S. investors to lend their crypto assets in exchange for interest payments.

At its peak, Abra Earn managed approximately $600 million in assets, with nearly $500 million coming from U.S. investors, according to the SEC’s release.

On August 12, the New Jersey Attorney General advised state investors to withdraw funds from Abra as it wound down U.S. operations following a multistate investigation into the sale of unregistered securities. Under a settlement with New Jersey regulators, Abra was required to return all remaining crypto assets to investors, convert them to U.S. dollars, and issue refund checks for amounts over $10.

This settlement follows similar actions in Texas, where Abra was accused of hiding critical financial information. 

Details of Abra’s charges

The SEC alleges that Abra Earn was marketed as a secure investment without meeting the necessary registration requirements. Additionally, Abra held more than 40% of its assets in investment securities, violating the Investment Company Act.

Although Abra began winding down the program in June 2023, the SEC’s charges emphasize the company’s failure to comply with regulations designed to protect investors.

Abra has agreed to settle the charges by consenting to an injunction and potential civil penalties, the amounts of which will be determined by the court.

This news echoes the SEC’s recent legal battles with Gemini Earn. In February, Genesis Global Capital, LLC agreed to pay a $21 million penalty to settle SEC charges for the unregistered offer and sale of securities through its crypto lending program, Gemini Earn. 

Following Genesis’s bankruptcy filing in January 2023, investors were unable to withdraw their assets, and the SEC’s enforcement emphasizes the risks of non-compliance with federal securities laws in the volatile crypto market.

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Base Dawgz ICO raises $3M as it enters final 2 days; analyst predicts surge on listing https://cryptoheadlines.org/base-dawgz-ico-raises-3m-as-it-enters-final-2-days-analyst-predicts-surge-on-listing/ Tue, 27 Aug 2024 00:28:59 +0000 https://cryptoheadlines.org/base-dawgz-ico-raises-3m-as-it-enters-final-2-days-analyst-predicts-surge-on-listing

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Investors are snapping up Base Dawgz tokens as the presale nears the end after raising over $3M.

Investors are grabbing as many Base Dawgz (DAWGZ) tokens as they can right now because the presale is about to end.

After raising over $3 million, this initial coin offering (ICO) will end on 28 August at 6 PM UTC. Base Dawgz’s presale is garnering massive attention thanks to its unique cross-chain interoperable abilities.

DAWGZ: the answer to crypto’s fragmentation issue

Fragmentation is a big issue that crypto must overcome to realize its potential. Devs are working on solutions like chain abstraction and multichain token standards.

But there’s one solution already in place: Base Dawgz’s cross-chain technology. The Shiba Inu-themed memecoin is built on Portal Bridge and is available on the Base, Ethereum, Solana, BSC, and Avalanche networks.

Unlike practically every other memecoin, users don’t need a wallet on any specific blockchain to buy Base Dawgz – it’s available no matter which chain to use. 

Base Dawgz ICO raises $3M as it enters final 2 days; analyst predicts surge on listing - 1

This concept opens the door to mass adoption and continuous growth. Typically, memecoin growth happens in cycles. One blockchain’s memecoins will rise, then another’s.

However, Base Dawgz is expected to continue rising consistently because it is available on all the top networks. We must also consider that ecosystems like Base, BSC, and Avalanche are relatively untapped markets for memecoins.

However, memetic activity will surely rise on these networks, and Base Dawgz’s unique multichain narrative could turn many heads once it does.

With over $3 million raised so far, it’s clear that investors fully support this idea. Prominent trader ClayBro recently slated DAWGZ as having up to 50x potential.

“The only way you can really do that (make 50x gains) is in these tiny brand new tokens like Base Dawgz,” he said.

“Yes, they might be riskier – but yes, they provide the reward,” He continued.

ClayBro also hailed the big staking returns that Base Dawgz offers. It currently provides a 787% APY, which investors can earn by locking up their DAWGZ tokens in the project’s smart contract. However, these rewards will decrease over time. 

Bitcoin set to reach new highs as Base Dawgz prepares to launch on exchanges

Bitcoin is forming a cup-and-handle pattern. Should it progress as expected, it’s only a matter of time until it creates new highs.

And when it does, there’s every chance that altcoin prices begin to soar. Investors have grappled with bearish market conditions for months, but the momentum is finally turning.

Analysts are calling for a Bitcoin rally of up to $200K, which would be more than a threefold gain from its current price.

By crypto standards, a 3x doesn’t sound like much. However, for Bitcoin, it would mean adding over $3.5 trillion to its market cap. Just 1% of that would increase most altcoin prices by well over 100x.

That’s a glimpse into the unprecedented liquidity that could be entering the cryptocurrency markets.

It’s helped in no small part by impending interest rate cuts, an upcoming U.S. presidential election in which the current favorite is pro-crypto, and Bitcoin’s four-year cycle – which is expected to peak in just over one year.

This is creating favorable market conditions, which is great news for Base Dawgz as it prepares to list on exchanges. But again, for those yet to buy – there are just two days left.

Investors need to act now or risk paying much more than its presale price once it launches on the open market.

Base Dawgz boasts of being a safe project. It has had a smart contract audit from third-party security firm, Solid Proof, which found no issues. The Base Dawgz presale accepts payments in BNB, ETH, USDT, AVAX, and SOL.

For more information, visit the Base Dawgz presale website or follow the project on X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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EigenLayer now supports any ERC-20 token as restakable asset https://cryptoheadlines.org/eigenlayer-now-supports-any-erc-20-token-as-restakable-asset/ Tue, 27 Aug 2024 00:28:54 +0000 https://cryptoheadlines.org/eigenlayer-now-supports-any-erc-20-token-as-restakable-asset

EigenLayer has announced the mainnet launch of its permissionless token support, significantly expanding the protocol’s restaking feature.

The Eigen Labs team said on X on Aug. 26 that the permissionless token support is now live on the mainnet, allowing any ERC-20 token to be used as a restakable asset on EigenLayer.

Restaking enables participants in the proof-of-stake ecosystem to reuse staked assets to secure additional PoS networks, earning rewards in the process.

“Any ERC-20 asset can now be utilized for cryptoeconomic security. Categories of new ERC-20 assets include native AVS tokens, stablecoins, and BTC-denominated tokens.”

Eigen Labs.

EigenLayer provides for Ethereum (ETH) restaking and has supported the Ether token as well as its native EIGEN.

Per data from DeFiLlama, the total value locked on the protocol currently stands at over $12.76 billion. EigenLayer’s restaking market competitor Symbiotic has a TVL of $1.73 billion.

Support for custom quorums

In addition to the permissionless token support, EigenDA, an actively validated service on EigenLayer that offers low-cost data availability for rollups, has also introduced EigenDA Custom Quorums. This feature allows teams to restake their ERC-20 tokens to secure custom quorums for their rollups, enhancing security for rollup users and providing token yield for token holders.

Rollups will initially collaborate with the EigenDA team as they look to add tokens to their custom quorums, with the process later becoming permissionless. EigenLayer also expects stakers to leverage the new feature to stake any ERC20 tokens that EigenDA decides to use.

Stakers will be able to delegate the supported tokens to operators helping to secure EigenDA.

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Cardano and Toncoin investors flock to new presale coin that has raised over $140K https://cryptoheadlines.org/cardano-and-toncoin-investors-flock-to-new-presale-coin-that-has-raised-over-140k/ Tue, 27 Aug 2024 00:28:53 +0000 https://cryptoheadlines.org/cardano-and-toncoin-investors-flock-to-new-presale-coin-that-has-raised-over-140k

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Intel Markets raises $140K+ in days, drawing Cardano and Toncoin interest; analysts predict 10x growth soon.

New presale project Intel Markets has become the focus for the crypto audience, especially for Cardano and Toncoin stakers. Intended for all kinds of investors, Intel Markets will provide clients with new trading tools and access to rare market opportunities.

Top analysts have a positive view of the project as it has raised over $140k in just days. They expect the price of its native coin, INTL, to increase by 10x in the coming weeks.

Cardano has hidden superpowers, says co-founder

In a recent YouTube video, Charles Hoskinson, the co-founder of the Cardano blockchain, talked about how important it is to build a consensus within a network. According to him, this consensus building is among the superpowers that Cardano has.

Meanwhile, Cardano crypto has been on an uptrend since the beginning of this week. Data from CoinMarketCap reveals the coin’s value has risen by 16.9% during this period.

Despite the upward climb, the Cardano price is still below the 50-Day SMA ($0.381599) and 200-Day SMA ($0.493076). Going forward, market experts believe the Cardano token can surpass these levels in no time. Possible price targets are $0.5003 and $0.53443.

Toncoin network fees drop

Toncoin (TON), the Telegram-linked coin, has been experiencing bearish moves over the past month. From the IntoTheBlock data, the fee on the Toncoin network has declined from 15,650 TON on August 14 to 9,500 TON on August 21.

This is a 40% decrease, showing the transactions carried on the blockchain have reduced. One factor that has led to the fee drop is selling pressure from investors who are afraid that there will be more losses. At the moment, the Toncoin crypto is trading in the red zone.

The value of the token has been declining since it fell from the $10 area a few weeks ago. Despite the poor price movement, market experts are positive about the Toncoin price in the coming days. They predict a price surge past the 50-Day SMA ($6.82) to $7.29 soon.

Intel Markets sees investor influx

Intel Markets (INTL) is the newest giant to enter the $2 trillion crypto sector today. The project has already raised over $140k in its first few days. Buyers have bought 17% of the coins reserved for the first stage of the presale. This shows they are optimistic about Intel Markets and do not wish to lose out on this opportunity.

Intel Markets is an online trading platform that allows investors to buy/sell Cardano and Bitcoin leveraging modern technologies such as Artificial Intelligence. AI is beneficial to traders since it will assist them in making intelligent decisions about trades. Besides, Intel Markets has other trading features, such as 1000x leverage, that enable investors to make big profits from small money deposits.

Other features include copy trading, tools and charts for market analysis. Investors interested in getting access to these and other features, should purchase the platform’s own coin – INTL. It is currently trading at $0. 009 and is expected to grow 10x in the coming weeks.

Why Cardano and Toncoin holders are excited about Intel Markets?

Cardano and Toncoin investors are bullish about Intel Markets for a 10x price increase. They are also eagerly waiting for its highly-anticipated AI-driven crypto exchange.

For more information, the Intel Markets presale website or join the community on Telegram and X.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Bittensor price prediction: Is this the ‘golden age’ for TAO and other AI tokens? https://cryptoheadlines.org/bittensor-price-prediction-is-this-the-golden-age-for-tao-and-other-ai-tokens/ Tue, 27 Aug 2024 00:28:49 +0000 https://cryptoheadlines.org/bittensor-price-prediction-is-this-the-golden-age-for-tao-and-other-ai-tokens AI tokens are seeing a price surge in anticipation of NVIDIA’s upcoming quarterly earnings report.

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Over the past week, Bittensor (TAO), the native token of the decentralized AI development platform Bittensor, has risen by approximately 25%. As of today, Aug. 26, 2024, it is trading at around $345.5, with a slight 0.16% drop in the last 24 hours. Over the past year, the token’s price has jumped by 469.1%. According to crypto.news, TAO ranks 39th among cryptocurrencies by market capitalization, which exceeds $2.51 billion.

TAO is rising in anticipation of NVIDIA’s quarterly earnings report, set to be released on Wednesday. AI tokens are likely influenced by the growing demand for data centers essential for running AI chatbots.

Bittensor price prediction: Is this the ‘golden age’ for TAO and other AI tokens? - 1
TAO 1-day chart, August 2024 | Source: crypto.news

What’s next for TAO? Will it surpass its previous all-time high of $767.68? Check out our Bittensor price prediction for 2024-2030.

What is Bittensor

Bittensor connects AI and machine learning through a decentralized approach. It’s a peer-to-peer network that leverages blockchain tokens to drive the development and adoption of AI innovations.

Bittensor price prediction: Is this the ‘golden age’ for TAO and other AI tokens? - 2
Bittensor’s official website | Source: bittensor.com

TAO is the native token of Bittensor. It drives user participation and streamlines how they trade resources on the Bittensor platform. What is the TAO crypto price prediction for the short and long term?

Bittensor coin price prediction: short-term outlook

According to CoinCodex’s Bittensor price prediction, TAO’s price is expected to increase by 226.71%, potentially reaching a new all-time high of $1131.7 (!) by Sept. 25, 2024. 

As of Aug. 26, 2024, the overall sentiment for the Bittensor price forecast remains bullish, with 22 technical analysis indicators showing bullish signals and 5 indicating bearish trends.

Bittensor price prediction 2024

According to DigitalCoinPrice, investors, exporters, and market experts believe that TAO will surpass its previous high of $767.68 in 2024. They predict it will then stabilize between $731.57 and $767.79.

Based on CoinCodex’s expectations for the Bittensor token, it is anticipated to trade between $346.39 and $1629.21 this year. If it hits the upper end of this range, TAO could experience a rise of 368.58%.

Wallet Investor forecasts that by the end of 2024, TAO could achieve a maximum price of $629.482.

Bittensor price prediction 2025

DigitalCoinPrice suggests that in 2025, the price of TAO could fluctuate between $749.51 and $894.36, with the most likely value stabilizing around $848.42 by year’s end.

CoinCodex’s forecast for 2025 aligns with its projection for 2024.

According to Wallet Investor’s Bittensor price prediction for 2025, TAO could potentially trade at $956.384.

Bittensor price prediction 2030

CoinCodex estimates that by 2030, TAO’s price could vary between $864.97 and $1402.48.

DigitalCoinPrice predicts that TAO’s price could climb to $2356.6 or even $2511.46 by the end of 2030. The years from 2024 to 2030 are expected to be key for the growth of Bittensor.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

FAQs

Should I invest in Bittensor tokens?

AI tokens are gaining traction as a promising investment trend. Bittensor, in particular, presents exciting growth opportunities, and the optimistic future price predictions for TAO — both in the short and long term — make it a compelling option for those looking to diversify their portfolios.

TAO’s future looks bright, making it an interesting investment opportunity, but don’t forget to factor in the risks.

When will TAO’s price reach a new all-time high?

CoinCodex predicts that TAO’s price could reach a new all-time high of $1131.7 by Sept. 25, 2024.

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