Meysam

@meysam120

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Topic of the day: Crypto startups 2024: After exploring various crypto projects, I believe Ultima stands out for 2024. The highlight of the ecosystem is definitely their token. The Ultima token's potential is amplified by its unique splitting mechanism, which allows users to earn daily rewards from liquidity pools. The platform soon introduces mechanisms like the Splitting 2.0, which will allow users to withdraw their tokens at any time. What’s more, the regular halvings scheduled by Ultima are another key factor that boosts the token's value. By systematically reducing the number of tokens released into circulation, Ultima employs a hyper-deflationary strategy that increases scarcity and, consequently, the token’s market value. The last halving event already proved successful in enhancing the token's price, and with the next halving set for February 2025, we can anticipate another significant boost.

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As the odds of a Donald Trump victory improve, market analysts say massive flows into Bitcoin ETFs indicate that Trump's business is in play. According to Polymarket data, Trump's odds against Harris have increased to 63.5%. The main drivers are the increasing chances of Trump to win the election and the technical incr...

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Check your $DEGEN Stats. Frame by @nikolaiii 🚀

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The Federal Reserve Bank of Minneapolis released an article criticizing Bitcoin. The article suggests a "legal ban" and additional taxes on BTC to ensure that government debt remains the "only risk-free security," allowing the government to restart what is referred to as a permanent primary deficit.

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I just won 497 $DEGEN in Gate of Degen! @degengate

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While the price of Bitcoin has been eyeing above $70,000 recently, top altcoins such as ETH, BNB and Solana have gained momentum in this resurgence, market analysts believe that it is still too early to call for an altcoin rally. and it may not happen in the fourth quarter of this year.

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Artificial intelligence, as a transformative element, will play a central role in the future of the world of digital currencies and will help to improve efficiency, security, transparency and innovation in this field.

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Degen very good

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Bitcoin and altcoins rallied on news of China's massive increase in government debt issuance as part of economic stimulus measures. Bitcoin price is trading up 3.16% at $62,700 with a market cap of $1,239 trillion. Earlier today, China raised its debt ceiling in economic stimulus measures and injected more liquidity in...

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Onchain data provider IntoTheBlock shared that 28.9% of the total ether is currently staked. Almost a third of all ether is at stake as token holders show long-term interest in the crypto asset and the rewards they can earn. IntoTheBlock also highlighted that 15.3% of Ethereum shares have been at risk for more than thr...

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I just won 646 $DEGEN in Gate of Degen! @degengate

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The price of Bitcoin (BTC) dropped by about $4,000 in less than 24 hours after Iran's missile attack on Israel. The asset, which was trading above $64,000 on Tuesday, fell to the $60,000 channel. Bitcoin is currently around $61,700, but is still down 3% on the day. Bitcoin's fear and greed index has changed from gre...

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I just won 263 $DEGEN in Gate of Degen! @degengate

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Ethereum (ETH) transaction fees have recently increased, data from China shows. According to the report of the on-chain analysis company Sentimant, the average Ethereum network fee has reached its highest level since early August and is now around $3.2.

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