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El Salvador has made a significant shift in its fiscal approach, with President Nayib Bukele announcing that the country would no longer rely on foreign debt to finance its budget. Since the start of Bukele’s administration, El Salvador has integrated Bitcoin into its economic system, becoming the first country to officially adopt the cryptocurrency as legal tender.
Meanwhile, crypto analysts have been bullish on Bitcoin’s weekly chart, pointing to a bullish consolidation pattern that could lead to the next market surge. It also highlights several upcoming events that could contribute to this potential market surge. Therefore, investors are looking for affordable tokens, especially the best cheap crypto to buy now under $1.
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Worldcoin (WLD) has been on a steady rise, increasing for three consecutive days after expanding its services to new countries. ThorChain, a decentralized cross-chain protocol, has recently gained attention due to its integration into the LI.FI ecosystem. The increasing value of Telegram Open Network’s native token (TON) has also gained attention, especially in light of the regulatory challenges Telegram is currently facing.
Ronin, an Ethereum virtual machine (EVM) blockchain built for gaming by Sky Mavis, the developers of the popular Web3 game Axie Infinity, is also making waves. Meanwhile, the Mega Dice (DICE) token is generating excitement ahead of its listing on Solana’s Raydium DEX on September 30. Additionally, PayPal has expanded its services, allowing merchants to buy and sell cryptocurrencies.
1. Worldcoin (WLD)
Worldcoin (WLD) has been on a steady rise, rising for three consecutive days following the expansion of its services to other countries. The token recently tested the $2 resistance level, marking its highest point since early August and reflecting a 54% increase from its monthly low.
Developers have introduced World ID to new regions including Guatemala, Malaysia, and Poland, strengthening its presence in countries like Argentina, Chile, Austria, Mexico, and the United States. This expansion has led to more than 6.7 million World ID verifications, with 155,000 new accounts registered last week.
Additionally, wallet activity has increased, with total wallet transactions reaching 142 million and daily transactions approaching 400,000. The current price of Worldcoin is $2.06, which represents an increase of 10.48% in the last 24 hours and 21% in the past year.
1 week, 3 World ID verification launches 🇬🇹🇲🇾🇵🇱 pic.twitter.com/CwwNPNUPzh
— Worldcoin (@worldcoin) September 25, 2024
Technical indicators remain positive, with 19 key indicators suggesting bullish momentum. This growth, along with a notable 16-day upward price movement in the last 30 days, signals potential strength for the token. However, as always, price trends should be closely monitored.
2. THOR’S Chain (RUNE)
ThorChain, a decentralized cross-chain protocol, has recently gained attention with its integration into the LI.FI ecosystem. The integration, announced on August 14, enables native Bitcoin swaps via ThorChain and improves Bitcoin transfers on Ethereum Virtual Machine (EVM) chains. Powered by SwapKit, the collaboration also simplifies the process of exchanging Bitcoin for other cryptocurrencies within these networks.
Additionally, this development aims to expand Bitcoin’s accessibility and support its use in decentralized finance (DeFi) applications. LI.FI highlighted that the new feature specifically addresses the issues faced by EVM users when trying to purchase Bitcoin. Now, they can seamlessly purchase Bitcoin or exchange it for other assets using their preferred wallets. Additionally, ThorChain has been added to LI.FI’s supported bridges and offers users competitive fees for token swaps and cross-chain transactions.
Every 3 days, new validators join the pool and old nodes are removed from the active set. New vaults are created and 100% of funds are migrated.
Here’s how to run a truly decentralized, capture-resistant liquidity network
— THORChain (@THORChain) September 26, 2024
ThorChain had previously suspended operations due to security concerns, but its token, RUNE, has performed significantly since its resumption. RUNE is trading at $5.12, up 1.30% in the last 24 hours and up 20.81% in the last month. Over the past year, it has outperformed major cryptocurrencies like Bitcoin and Ethereum, posting a 194% price increase. It is also trading 74.56% above its 200-day simple moving average.
3. Toncoin (TON)
The recent surge in the value of Telegram Open Network’s native token (TON) has attracted attention, especially given the regulatory challenges Telegram is currently facing. Despite these pressures, TON’s price has increased by 6%, reflecting the cryptocurrency’s resilience in times of uncertainty.
Telegram and its CEO, Pavel Durov, have been in the spotlight due to legal disputes and regulatory scrutiny. One of the main issues stems from the misuse of Telegram’s search function, which some users have exploited for illegal activities such as selling illicit goods. In response, Durov announced updates to the platform’s moderation policies via his personal Telegram channel.
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This week, the TON blockchain saw record traffic, with new projects bringing unprecedented on-chain activity to Web3.
On September 20, @CatizenAI officially launched with 18 million monthly active users, followed by Rocky Rabbit… pic.twitter.com/RPM1CrHqXF
— TON 💎 (@ton_blockchain) September 25, 2024
Despite these challenges, TON has seen notable growth. Recently, the token has seen a 6.37% increase in its market value over 24 hours, with a 5.17% increase over the past week. Currently, TON is trading at $5.77, which reflects a 0.90% increase over the past 24 hours.
4. Ronin (RON)
Ronin is an Ethereum Virtual Machine (EVM) blockchain built for gaming, developed by Sky Mavis, the creators of the popular Web3 game Axie Infinity. Axie Infinity has generated over $1.3 billion in revenue alone, and Ronin has demonstrated the ability to support a single game with millions of daily active users. It has also processed over $4 billion in NFT transactions, demonstrating its ability to scale efficiently.
Ronin’s key strengths lie in its near-instant transaction processing and low fees, enabling seamless in-game transactions for Web3 games. In its first nine months, the blockchain attracted 250,000 unique daily active addresses and accumulated $5 billion in total value locked (TVL). It also saw over 2 million wallet downloads and facilitated 15% of all NFT transactions on the market. Its decentralized exchange (DEX), Katana, ranks as the second most-used DEX by weekly active users, enabling token swaps within the Axie Infinity ecosystem.
1/ Seven new games, based on Ronin
Welcome to Ronin, Builders ⚔️
In June, we opened applications for Ronin Forge, a gateway for studios to develop Ronin.
Today we are excited to welcome seven Ronin Forge builders!
Here are the studios that are joining our movement 🧵👇 pic.twitter.com/E1S8KxpU5j
— Ronin (@Ronin_Network) September 19, 2024
Ronin’s performance, including its ability to scale for gaming and generate high transaction volumes, makes it a top choice for Web3 projects, especially in the gaming sector. However, its future performance will depend on its continued development and adoption in the evolving blockchain space.
5. Mega Dice ($DICE)
Mega Dice The DICE token (DICE) is generating excitement ahead of its September 30th stock market debut on Solana’s Raydium DEX. The token’s launch comes amid growing interest in the GambleFi sector, with DICE seen as a high-growth asset. Pre-sale investors will be able to claim their tokens on the project’s website by connecting their wallets on the day of listing.
The token presale has already raised nearly $2 million, attracting the attention of both retail and institutional investors. The DICE token is currently trading at $0.116056, giving investors a chance to get in on the presale at an affordable price. Some analysts have identified DICE as a major player in the GameFi ecosystem, citing its potential for exponential growth. The presale has attracted significant investment, including large contributions from high-net-worth individuals.
This surge in interest in Mega Dice is part of a broader trend in the GambleFi space, where established platforms like Rollbit are also seeing new influxes. Rollbit, a major player in the crypto casino market, currently has a market cap of over $200 million. It has been highlighted as a potential long-term winner, signaling broader confidence in the crypto casino model.
$DICE Launch on Raydium 🚀
We are excited to share this $DICE will be officially launched on Raydium DEX on September 30th at 3:00 PM CET! 🎉
Get ready for the next big step #GameFi on #Solana because we offer you unparalleled opportunities and exciting rewards, including exclusive offers… pic.twitter.com/qvAND54tbk
– Mega Dice Casino (@megadice) September 20, 2024
One of Mega Dice’s distinguishing features is its focus on transparency and regulatory compliance. It is the first fully licensed Telegram casino, holding a Curacao gaming license, and undergoes regular security audits to ensure operational integrity.
While Rollbit currently holds a strong position in the market, Mega Dicewith its lower market cap, may offer higher upside potential for investors. As it continues to roll out new features and gain traction in the market, the future of the DICE token remains a point of interest for many in the crypto space.
Visit the Mega Dice pre-sale
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