Connect with us

Altcoin

Sony Blockchain Empowers Crypto Users. Can These DAO Tokens 100x?

Published

1 day ago

on


We haven’t heard much about Sony’s Layer-2 blockchain Soneium since its testnet’s introduction in 2023. Now, the company has announced a four-week contest where creators, developers, and users can explore Soneium’s capabilities.

The campaign will be hosted on the Galxe platform and will focus on gaming, communication, and creativity.

Sony is heavily invested in media production and distribution through Sony Pictures and Sony Music, so Soneium gives power back to artists, game developers, and fans through accessible, inclusive content.

This sense of unity lies at the core of Web3 philosophy, particularly decentralized autonomous organizations (DAOs) like Lido and MANTRA. Community governance drives these projects toward shared goals and is often more effective than centralized decision-making.

If Soneium gains mainstream adoption, these DAOs could also benefit from growing demand for projects that put the community first.

1. Wall Street Pepe ($WEPE) Raises $63M with Community-Centric Approach

Wall Street Pepe ($WEPE) is an interesting DAO-like crypto project. Still on presale, it raised over $63M, becoming the second-most-popular presale to date (behind only Pepe Unchained).

The reason for such strong momentum is community support against institutional investors – presale buyers have become tired of whales manipulating the market and decided to rise up against them.

Wall Street Pepe presale interface

$WEPE holders will receive key trading insights to help them find hidden crypto gems and profit like never before.

While technically not a DAO, Wall Street Pepe checks all the boxes of one:

  • Strong community incentives and a loyal foundation
  • Rewarding users for participating in ecosystem decisions

The project is all about giving power back to the unbanked and creating a freer crypto market where regular traders don’t get hoodwinked by large whales.

The concept of DAOs is not new, but never before has a project encouraged active participation this way. In traditional DAOs, users often forget to exercise their governance rights because they don’t have a strong incentive. Wall Street Pepe changes this.

The presale hasn’t ended; there’s still an opportunity to buy $WEPE at a low price and join this rapidly growing community. Experts predict $WEPE to surge 100x after it’s listed on exchanges.

2. MIND of Pepe ($MIND), an AI Agent with a Bright Future

MIND of Pepe ($MIND) is another community-centric meme coin presale that takes a different approach to DAO-based rewards.

The AI agent will curate crypto recommendations and insights after analyzing trends and crypto intelligence in real time.

Better yet, this will be an automated process. The AI will interact with influencers and engage with decentralized communities and platforms all by itself.

MIND of Pepe tech map

Although not a traditional DAO project, $MIND behaves like one in every way. Holders will receive exclusive rewards in the form of crypto insights and analyses.

And everyone is incentivized to HODL and contribute to the ecosystem by staking their tokens. So far, over 670M tokens have been staked for a jaw-dropping 522% APY.

One $MIND is now $0.0032144, and the presale has raised $4.2M, with the price increasing in the next 14 hours.

Considering the AI industry is estimated to reach $826B by 2030, it’s easy to see how AI agent projects like $MIND are catching so much investor attention.

3. Audius ($AUDIO), With Soneium, Might Reignite the Decentralized Music Revolution

Audius is an established project that hit the market in 2020. However, after the initial hype wore off, it struggled to gain adoption, and the value of the $AUDIO token dropped from $4 to $0.13.

The Soneium mainnet launch might breathe new life into $AUDIO.

Audius is a decentralized music streaming protocol that gives creators full control over their content. It also connects artists with fans through direct messaging and live streams.

Audius music app

Traditional music streaming apps like Spotify take up to 70% of artist revenue. This means that indie creators can barely earn enough for coffee, so Audius implements a tipping system where artists get 100%.

Soneium’s and Audius’ vision aligns, so the project might very well migrate from Solana to this new network in the future.

4. MANTRA ($OM) Surges 4,503% Year-to-Date, New Records Ahead?

MANTRA ($OM) is the second-largest DAO token with a $4.4B market cap. It grew 4,503% since January 2024 and hit a new all-time high of $5 three days ago.

OM token price

What’s so special about it? And is this the top?

MANTRA is a decentralized finance protocol that offers services like staking, lending, and real-world asset tokenization. But community-led governance is one of MANTRA’s main appeals.

On top of that, MANTRA integrates the Cosmos ecosystem for interoperability with other blockchains through the Inter-Blockchain Communication protocol.

As an Ethereum-based project, MANTRA could also integrate with Soneium and lead as an example for other DeFi platforms on the network.

Final Remarks

The main difference between Web2 and Web3 isn’t the technology – it’s the vision. Projects like Soneium, Wall Street Pepe, MIND of Pepe, Audius, and MANTRA create new governance and economic models where anyone can make an impact.

But remember, while these projects hold much promise, no gains are guaranteed in the crypto world. We remind you to DYOR and diversify to offset potential losses.



Source link

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Altcoin

Is Solaxy Meme Coin the Solution?

Published

5 hours ago

on

January 30, 2025

By


Solana seems to be eating Ethereum’s lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.

There are two reasons why Solana is suddenly covered in rocket fuel:

1. The Pump.fun launchpad – which makes it much easier to launch meme coins – has exploded in popularity.

2. The launch of the $TRUMP and $MELANIA coins on the Solana blockchain helped it to become even bigger.

The downside to all this? The increased trading activity put more pressure on Solana than ever before. But good news may be coming down the pipeline.

Could the launch of Solaxy ($SOLX) – the first-ever Solana Layer-2 – cement Solana’s position as the most dominant blockchain in the DEX market?

Jupiter Acquires Moonshot & Solana Surges Despite Congestion and Bottlenecks

Solana got a further boost with the announcement that DEX platform Jupiter – which accounts for 70% of Solana’s transaction volume – has bought Moonshot, a self-custodial app that lets users buy meme coins.

After $TRUMP’s launch, Moonshot shot to the top of the iOS App Store charts, with one million active app users and $400M worth of trades during peak activity.

This is why Jupiter acquiring Moonshot is such a big deal. Thanks to it, Solana’s adoption will keep growing, and its reputation in the meme coin sector should skyrocket. It also puts it in pole position to build momentum and push back all competitors.

However, Solana’s trading surge during the $TRUMP hype (when total transactions went over $20B) also showcased the persistent problems in its infrastructure. More specifically, congestion and bottlenecks, as well as higher transaction fees and, in some cases, failed transactions.

Solana congestion issues
Source: Reddit

This is why investors are keenly watching Solaxy ($SOLX), one of the hottest presales of 2025.

Solaxy L2 to Innovate Solana – Buy Today And Become Part of The Future

Solaxy ($SOLX) is the first Solana Layer-2 (L2) chain in the world, and it promises to upgrade the Solana blockchain to make it lightning fast – and cheaper to boot. Here’s how:

  • Roll-up technology: Transactions are processed off-chain and bundled together, optimizing on-chain validation and reducing congestion.
  • Modular infrastructure: Plug-and-play components allow developers the flexibility to create projects for any use case, from meme coins to financial systems.
  • Off-chain processing: Because transactions are processed on the Layer-2 Solaxy chain, they are faster, more scalable, and cheaper.

This makes Solaxy ideal for high-frequency dApps like gaming ecosystems, micro-transactions, meme coins, and custom financial apps.

If Solaxy succeeds in these objectives, then it could become one of the biggest crypto coin winners of 2025. This makes it a coin you should seriously look at as part of your crypto portfolio.

Imagine how far Solana can go with its existing problems fixed. Big Solaxy gains are definitely possible. There are less than two days before the next Solaxy price increase, so now’s the time to buy your Solaxy coins.

Solaxy website

Just head on over to the Solaxy website and connect your wallet. You can use crypto (like $SOL or $ETH) or a credit card to buy your coins. The current token price is $0.00162, and the staking APY is 243%. So there’s still time to lock in a great price before the next increase.

As well as your coins, you’ll also get governance and voting rights, so you can have a voice in the future of Solaxy and Solana.

Before Buying Solaxy, Do Your Own Due Diligence!

Remember, we only make predictions, not guarantees. Despite our bullish Solaxy outlook, you should do your own research and make an educated decision only after you’ve consulted authoritative sources.

Never spend what you can’t afford to lose. That way, you can have fun investing in crypto without having to worry about telling your partner why you lost the budget for the month’s groceries.



Source link

Continue Reading

Altcoin

BONK Price Drops 17%—Is This Newcomer the Next Big Profit Maker?

Published

6 hours ago

on

January 30, 2025

By


While the global cryptocurrency market rebounds from a recent decline, as the market cap rises by almost 2%, Bonk (BONK), the pioneering dog-themed coin on the Solana blockchain, has experienced a notable price decrease. As of January 29, 2025, BONK is priced at $0.00002531, reflecting a drop of 17.60% in the last week.

This drop follows BONK hitting its peak of $0.00005916 on November 20, 2024, prior to a pullback of 57.21%. As the meme coin faces a significant drop, Nebula Stride (NST), a new player concentrating on tokenizing real-world assets, is attracting attention as a possible profit generator.

BONK Price: Market performance

BONK price 7-day chartBONK price 7-day chart
BONK price 7-day chart

Despite recording nearly 17% and 14% in losses, over the past week and month respectively, BONK’s price has experienced substantial growth. Launched on December 25, 2022, under the motto “for the people, by the people,” BONK sought to restore liquidity to decentralized exchanges (DEXs) based on Solana.

Fifty trillion coins, representing half of its total supply, were airdropped to the Solana community, which included NFT creators, developers, and artists, to promote a community-focused ecosystem.

This effort not only increased the SOL token’s price by 34% within 48 hours of its launch, but also led to BONK’s trading volume skyrocketing to around $20 million on Orca, a DEX based on Solana.

Since being listed on major exchanges on December 30, 2022, BONK has witnessed an astounding increase of more than 20,000%. This positrioned it as one of the best meme coins to invest, based on return percentages for 2023.

Is BONK Price Bullish Reversal on the Horizon?

Despite this recent downturn, BONK continues to engage its communit. With over 350 onchain integrations, it has recently concluded its “Year of The BONKdragon” event. Rewards from this event will be claimable from February 4th to February 18th, 2025, potentially benefiting all BONK holders.

Moreover, technical analysis from market observers like @TheEuroSniper suggests a potential price reversal as the top dog-themed meme coin approaches a significant demand zone following a treble drive pattern, hinting at a possible bullish future.

Nebula Stride (NST): The New Contender

In the midst of BONK price fluctuations, another digital currency, Nebula Stride (NST), is attracting investor interest. NST is establishing its presence as one of top RWA tokens, by prioritizing user-friendly infrastructure that links the cryptocurrency domain with tangible economic assets.

By facilitating fractional ownership of physical assets, NST expands a multi-trillion-dollar market to a wider audience. This was once available solely to the affluent. This real-world asset (RWA) strategy might result in notable price increases. It might also help increase adoption, establishing NST as a likely front-runner in the sector.

Nebula Strides (NST) TokenomicsNebula Strides (NST) Tokenomics
Nebula Strides (NST) Tokenomics

NST is currently trading at $0.02. Analysts are suggesting high potential returns as the platform expands and the concept of tokenization gains momentum. The token offers a low entry barrier, making it attractive as an early-stage cryptocurrency for both institutional funds and individual investors. It is appealing to those interested in diversifying into tangible assets supported by a comprehensive ecosystem in the RWA sector.

Final Thoughts: BONK vs NST as Two Diverging Paths in the Evolving Crypto Market

As the crypto market continues to evolve, the contrast between BONK’s community-driven meme coin approach and NST’s focus on real-world asset integration presents two different visions for the future of digital currencies. While BONK price navigates through correction, NST comes in the limelight. NST’s innovative model might indeed make it the next big profit maker in the cryptocurrency landscape. Investors are watching closely as both tokens navigate their respective paths in this dynamic market.

✓ Share:

Jane Lubale

With over four years of experience in the cryptocurrency, Fintech, blockchain, and Web3 industries, I bring a wealth of knowledge and expertise to every piece I write. Backed by a Masters in Business Administration, my writing combines insightful analysis with a deep understanding of market trends, technological advancements, and regulatory landscapes. Whether crafting engaging articles, informative guides, or thought-provoking analyses, I strive to deliver content that informs, educates, and inspires readers in this rapidly evolving space.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoin

Best Altcoins to Relook as Bitcoin Recovers to $105K

Published

7 hours ago

on

January 30, 2025

By


Bitcoin recently surged back past the $105K mark, reflecting renewed investor confidence, possibly driven by President Donald Trump’s recent executive order. In this post, we’ll unpack the implications of the uptick and the best altcoins to put your money in as the crypto market recovers.

Trump’s ‘Strengthening American Leadership in Digital Financial Technology’ executive order set out a number of clear goals:

  • Promote blockchain access: Ensure individuals and entities can access and utilize public blockchain networks.
  • Support stablecoins: Encourage the global use of dollar-backed stablecoins, enhancing the U.S. dollar’s position.
  • Establish a regulatory framework: Create clear, technology-neutral regulations that foster innovation while ensuring consumer protection.
  • Prohibit Central Bank Digital Currencies (CBDCs): Ban the establishment of CBDCs within the U.S., boosting stablecoins.
  • Explore a national digital asset stockpile: Investigate the creation of a strategic reserve of digital assets (widely assumed to be a reference to a strategic Bitcoin reserve)

Historically, Bitcoin has followed a four-year boom-and-bust cycle. However, some analysts believe Trump’s recent executive order could achieve sustained institutional investment, alter the pattern, and boost the best altcoins to big gains.

In that scenario, market corrections may still occur, but could become less severe and shorter. The increased regulatory clarity should help ease the volatility.

So, with Bitcoin looking up and better crypto rules coming, what about the altcoins, all the other cryptocurrencies and tokens tagging along? It seems the sky is the limit.

Here are five of the best altcoins to invest in as Bitcoin roars back to life in February 2025.

Solaxy – Layer-2 Solana Upgrade Ready to Solve Network Congestion

Of all the infamous Ethereum-killers – the blockchains supposedly poised to supplant the leading altcoin – Solana might be the only one with a serious claim.

Solana commands nearly 10% of non-ETH DeFi TVL, and has made real inroads on the meme coin front, with sites like pump.fun making it easy to create and launch meme coins based on literally anything.

In fact, the total SOL ecosystem has a market cap of $860B, nearly a quarter of the total crypto market cap of $3.57T.

A recent surge in activity on the Solana blockchain, attributed in part to the launch of $TRUMP and $MELANIA coins, has seen the network battle congestion, with Solana transactions sometimes prone to failure or delays.

Solaxy intends to fix the problem. It’s promising a much-needed Solana Layer-2, the first of its kind. Solaxy wants to combine the reliability of Ethereum with the speed of Solana to improve transaction speeds and eliminate failed transactions altogether.

That makes the $SOLX token an appealing proposition, able to build on $SOL’s success in 2024 and 2025.

The roadmap makes Solaxy’s ambitions clear, to take the Solana ecosystem into the future.

Solaxy Roadmap

While good presales aren’t a guarantee of anything,  $SOLX looks ready for launch, with over $16M raised already. Tokens are currently priced at $0.00162, at the official presale page now. This may be the last chance to get in this low.

Ethereum – #1 Altcoin Poised for All-Time-High

Rumors of $ETH’s death have been greatly exaggerated.

It remains the second-largest crypto after Bitcoin by market cap and dominates the DeFi scene.

DeFillama DeFi TVL by Crypto

Now, $ETH looks set to make a run north of the $4K mark, and perhaps achieve a new all-time high.

Ethereum may not have the innate network scalability of various Layer-2 competitors, but it retains a tight grip on the top challanger spot. It’s the backbone of many other crypto ecosystems and projects, and investors can add $ETH as a way to enhance their long-term crypto holdings, betting on the relative youth and growth potential of the total crypto market.

If crypto can break the curse of the four-year cycle, $ETH could be worth a second look.

Best Wallet Token – The One and Only Presale Wallet Token

All web3 wallets are not created equal. Some are easier to use, some have better UX/UI, and some integrate better with various dApps. But only one gathers the best crypto presales in one place.

Best Wallet is the wallet for you if you want to browse up-and-coming presales, research relevant documentation, purchase tokens, and even claim them.

There’s a growing ecosystem around the wallet, including a debit card and an exchange. And now, with the launch of the Best Wallet Token, the project is poised to provide even more utility.

$BEST is a bonus for investors who want to make the most of using Best Wallet as a web3 wallet. For example, $BEST holders get to take advantage of early access to potentially lucrative crypto presales.

Best Wallet Token Benefits

$BEST token holders will also gain higher staking rewards, lower fees, and more, all within the Best Wallet app ecosystem.

The $BEST token presale has already raised $8.6M, with a current token price of $0.0238.

Visit the official Best Wallet token presale page.

MIND of Pepe – Autonomous AI Agent with Pepe Power

AI tokens took a hit with the recent competition from the Chinese AI, DeepSeek, but the sector is already on the rebound as companies look for new ways to build on the technology.

AI sector 24 hour performance

AI coins, with a total market cap of over $44B, are now nearly half as big as the meme coin sector, which sits at $93B.

AI tokens that can combine the power of both crypto types – like MIND of Pepe – could leverage both AI’s technological advances and memecoin momentum to gain the edge.

$MIND features an ambitious roadmap, including:

  • Launching an AI agent (MIND) on X
  • Developing MIND’s market analysis
  • MIND-generated token launches

MIND of Pepe is more than an AI token with memecoin flair; it’s a project that could dominate both markets.

The token presale recently passed the $4.4M mark, with $MIND tokens priced at $0.0032273.

You can still get in early here.

Litecoin – ETF Approved, Litecoin is Ready for Big Gains

Remember the boost both $BTC and $ETH saw after their ETFs launched?

With the approval of the Litecoin ETF filing, LTC looks set to reap the same rewards. That could be why the token is up 14% in a day.

Litecoin Snapshot Coinmarketcap

Litecoin positions itself as a successor to and upgrade from Bitcoin, and while it doesn’t have nearly the market volume as its more famous predecessor, it could still get its own ETF boost.

If it happens, that boost will almost certainly occur sometime in 2025. With the filing now approved, the SEC has 240 days to either accept or reject the spot LTC ETF.

That could make $LTC an attractive alternative, even while $BTC continues to hog the limelight.

If Bitcoin Reaches $200K, How High Could Altcoins Go?

Bitwise’s Matt Hougan thinks Bitcoin is in for a fantastic year:

‘We’re on the record predicting that bitcoin’s price will double this year to above $200,000… that may turn out to be conservative.’

A rising tide lifts all boats. Look for $ETH to improve, $LTC to climb with an ETF, and $BEST, $MIND, and $SOLX to make big moves as the market grows.

This isn’t financial advice, of course. Do your own research and watch the market to make your own informed decisions. But keep your eyes peeled for big moves – crypto is set for a banner year in 2025.



Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io