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Arbitrum Helps Tether Overcome Challenges – Next Big Crypto Coins, New Horizons
As $USDT struggles to comply with the EU’s Markets in Crypto Asset (MiCA) regulations, Arbitrum helps Tether by providing it with infrastructure to link its new stablecoin $USDT0 to its network, alongside Ethereum, Tron, and Ton.
$USDT0 is Tether’s new stablecoin, strategically designed to address $USDT’s efficiency and interoperability challenges across chains.
Tying the four blockchain networks together through $USDT0 is nothing to be sneered at. It’ll bring $138B of Tether together, plus lower fees and deeper liquidity pools is incredibly bullish for the ecosystem
Several emerging blockchains (including Berachain, Ink, and MegaETH) already support $USDT0, signaling a positive outlook for Tether amidst the troublesome MiCA restrictions.
When taking this into account, it appears crypto is more stubborn – and boundless – than one might have initially imagined. In light of Tether’s positive developments, traders are looking for the next big crypto coins, and the likes of $BTCBULL and $BEST are attracting a lot of whales and small buyers alike.
1. Bitcoin Bull ($BTCBULL) – The First ERC-20 Token to Airdrop Real Bitcoin
The aptly named meme coin Bitcoin Bull ($BTCBULL) is the first ever Ethereum-based token to dish out real $BTC to its token holders. There’s a good reason it’s #1 on our next big crypto coin list.
Every time Bitcoin breaks records (think $150K, $200K, $250K), $BTCBULL holders can snag free $BTC. It’s like we’re back to the days of BTC faucets!
The largest airdrop will occur when Bitcoin, the crypto king himself, hits $250K. When doing so, both $BTC and $BTCBULL will be willingly dished out. For eligibility, all you need to do is download the Best Wallet app.
Passive income can also be earned by staking $BTCBULL, which currently has a hefty 61% APY. And sizable 10% of the project’s total token supply is set aside for such rewards, making it a great choice for those who like to sit back and let the crypto work for them.
Given Bitcoin bull runs aren’t out of the ordinary, as evidenced by $BTC jumping by ~100% compared to last year, winning free $BTC and $BTCBULL isn’t out of reach. It’s a distinct possibility, that’s for sure.
Getting involved is simple. Download Best Wallet, connect it to the Bitcoin Bull presale website, and buy $BTCBULL right now for just $0.002355.
2. Best Wallet ($BEST) – World’s First Crypto Wallet to Feature Presale Tokens
$BEST is the native token of Best Wallet, your entry point to winning free $BTC through the Bitcoin Bull presale, and much more.
Best Wallet spotlights many leading presales beyond the Bitcoin Bull token, including Solaxy ($SOLX) and MIND of Pepe ($MIND). In fact, it’s the only crypto wallet to feature presale coins, enabling users to buy low-cap coins ahead of attracting mainstream attention.
It also has much to look forward to in the near future, such as the launch of its very own crypto card, Best Card, and the support of over 60 blockchain networks soon.
Ultimately, each of its developments – new and upcoming – helps its goal to broaden DeFi access worldwide.
To maximize the platform’s benefits, you can buy $BEST for $0.02395. Then, enjoy lower transaction fees, community governance, and greater staking rewards (currently at a 174% APY).
3. Meme Index ($MEMEX) – Four Novel Meme Token Indexes to Cater to All Trader Types
Meme Index ($MEMEX) is another meme coin presale poised for significant gains. The token’s behind the development of the world’s first decentralized meme token indexes. And with ETFs being so popular in TradFI, why shouldn’t crypto follow suit?
The Meme Index ecosystem is getting set to launch a trifecta of meme coin indexes, each of which caters to traders with contrasting risk profiles:
- Meme Titan Index: Spotlights the most established meme coins in the top eight. Because their success is already apparent, they’re less risky than the rest.
- Meme Moonshot Index: Highlights meme coins vying for a space in the top eight with large followings, so it’s a little riskier than the former.
- Meme Midcap Index: Features mid-tier meme coins, anticipated to either jump or fall, making it a bold venture, even for crypto standards.
- Meme Frenzy Index: Shines a light on the next big crypto with the utmost risk profile, the ones degen whales might go for. They’ll offer moonshot returns, but only if they come out on top (and vice-versa).
Beyond being the entry point to these meme baskets, $MEMEX is also a governance token. Holders can vote on their favorite meme coins to be mentioned in the Meme Frenzy Index, as well as other upcoming baskets, whose details remain scarce.
$MEMEX holders can also hold their tokens to enjoy 639% staking rewards, of which 25% of its total token supply is set aside.
To reap the benefits, buy $MEMEX on presale for just $0.0160993. Considering its price is anticipated to reach $0.074 before this year’s end, now could be an opportune time to get involved.
4. Ronin ($RON) – Cheaper Transactions on Gaming Blockchain With 1.17M Weekly Users
$RON is another crypto not to be ignored, up by 15.16% since yesterday.
The coin’s $1.15 price tag exceeds that of its counterparts mentioned above. However, unlike $BTCBULL, $BEST, and $MEMEX, it’s already been listed on major exchanges, boosting its credibility. (They, too, might achieve the $1 goal after exchange listings.)
$RON also has unique utility. Its distinctive mark, however, includes being the backbone of Ronin, a popular Web3 gaming platform with an impressive 1.17M weekly active users.
Ronin is best known for supercharging the Axie Infinity system, a blockchain-based game that revolves around NFT creatures called ‘Axies,’ which can be bought, sold, and traded.
Considering the play-to-earn market is projected to grow at a CAGR of 21.3% from 2024 to 2032, the Ronin ecosystem shows no signs of dwindling, making $RON a promising investment opportunity.
$RON further points to prosperous times for Ronin. It facilitates cheaper and faster transactions than the Ethereum mainnet, supports the blockchain games’ growth, and acts as a governance token. Hence, Ronin’s developments never stand still.
Verdict – Arbitrum Helps Tether, New Cryptos Stand Tall
As Arbitrum helps Tether overcome interoperability issues, it highlights how hot new coins can expand crypto possibilities – even amid regulatory hurdles.
But $USDT0 isn’t the only token that spotlights how boundless the crypto ecosystem can be. Presale coins and evolving ones like $BTCBULL, $BEST, $MEMEX, and $RON each bring something new to the table.
Ultimately, the crypto world is rife with projects on a mission to boost the user experience with practical use cases, and the ones highlighted in our top list stand tall.
But this is not investment advice. Never invest more than you’d be sad to lose, and always do your due diligence before spending your capital. Crypto can take a steep tumble as quickly as it jumps!
Cryptocurrency exchange giant Binance again captured substantial market attention with its latest update on StraitsX USD (XUSD) and Four (FORM) coins this Wednesday. The exchange announced that it is expanding market support for these assets by adding them to its stockpile of trade offerings ahead. In an upshot, traders and investors extensively eye these crypto to capitalize on emerging market opportunities.
Binance Reveals Market Support For XUSD & FORM
In an official Binance release on March 19, the crypto exchange outlined that it is adding the abovementioned assets to the ‘Simple Earn, Buy Crypto, Convert, Margin, Auto-Invest, and Futures trading’ divisions. The platform’s colossal user base is primed to witness XUSD and FORM listing on ‘Simple Earn’ starting the announcement date at 08:00 UTC.
Further, users can buy these assets via VISA, MasterCard, Google Pay, Apple Pay, and Revolut, underlining the CEX’s vast offerings. In addition, trading against BTC, USDT, and other cryptos supported on the ‘Convert’ division at zero fees within one hour of the coins’ spot listing will also be supported.
In an announcement earlier this week, the top crypto exchange notified that the StraitsX listing is at 08:00 UTC on the abovementioned date.
What’s More For Traders In The Binance Announcement?
FORM/USDT crypto pair will further be added as a new borrowable asset on ‘Cross and Isolated Margin.’ This offering will launch on the abovementioned date at 08:20 UTC.
Also, futures trading for FORMUSDT will commence at 08:00 UTC. Traders can enjoy up to 50x leverage on the crypto’s USD-Margined futures contract facilitated by the exchange.
More About The Cryptos
Notably, StraitsX is a major stablecoin provider backed by the MAS (Monetary Authority Of Singapore). XUSD is a stablecoin pegged to the U.S. Dollar and runs atop Ethereum and Binance Smart Chain blockchains.
As of press time, the total supply for the stablecoin was 26.35 million tokens. Each XUSD is backed by reserve assets maintained at more than or equal to 100% of the value in circulation.
FORM price gained nearly 2% in the past 24 hours and exchanged hands at $1.79. The coin hit an intraday low and high of $1.54 and $1.80, respectively. It’s worth pointing out that Four is a rebranded and token-swapped version of BinaryX (BNX).
Overall, the CEX continues to cement its global rankings with top-notch offerings for traders. Intriguingly, CoinGape previously reported that Binance also unveiled support for MKR, EPIC, DF, GMX, and RPL, adding to its optimistic market endeavors.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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.
As the XRP lawsuit nears its long-awaited conclusion, experts predict potential developments within the XRP ecosystem. Industry insiders and market enthusiasts provide diverse opinions and anticipations of the potential outcomes of the Ripple vs SEC case.
After years of intense litigation, the high-profile Ripple lawsuit is nearing its end. Let’s unveil its possible implications and Ripple’s potential moves.
XRP Lawsuit Nears End: What Awaits Next?
Ripple’s post-lawsuit strategy sparks intense speculation as the XRP lawsuit nears its much-anticipated resolution. Despite ongoing uncertainty around the Ripple vs SEC case, industry expert All Things XRP provides insight into Ripple’s potential future moves.
In a recent X post, All Things XRP forecasted potential developments within the Ripple ecosystem. The developments include Initial Public Offerings (IPO), new partnerships, CBDC & stablecoin developments, lawsuit win celebrations, and ETF prospects.
Ripple To Accelerate Growth: IPO and Banking Partnerships
According to All Things XRP’s predictions, Ripple may be on the verge of announcing a highly anticipated IPO, unlocking new investment opportunities. Ripple’s recent share buybacks have pegged the company’s valuation at a staggering $11.3 billion, sparking widespread speculation about its future plans. An IPO would not only unlock lucrative exit opportunities for early investors but also significantly strengthen Ripple’s market presence.
While Ripple currently boasts more than 300 banking partners, a potential victory in the XRP lawsuit could pave the way for expanding its network. The expert’s bold prediction read, “Legal concerns may have delayed deals with major banks, but post-lawsuit, expect big names to join RippleNet—perhaps Bank of America, American Express, or Santander.”
Will XRP Lawsuit Win Boost Ripple’s CBDC and RLUSD Projects?
Reportedly, Ripple is currently piloting Central Bank Digital Currencies (CBDCs) in several countries, with Colombia and Palau being among the notable locations for these experiments. According to All Things XRP, a favorable outcome in the XRP lawsuit could bolster these efforts, accelerating the real-world implementation of CBDCs.
Meanwhile, the expert shed light on the XRP Ledger’s (XRPL) stablecoin project’s rapid growth. Although relatively new to the stablecoin ecosystem, Ripple’s RLUSD has demonstrated remarkable growth and adoption, positioning it ahead of established competitors like Ethena’s USDe and Circle’s EURC. Recently, Ripple resumed stablecoin minting by issuing 6,500,500 RLUSD.
Ripple SEC Case Victory To Spark XRP ETF Approvals
XRP has been exhibiting increased adoption and acceptance over the past few months, especially following Donald Trump’s re-election. Multiple asset managers have submitted their XRP ETF applications, with the SEC acknowledging them.
However, the SEC’s approval and the subsequent ETF launch still remain in a state of limbo due to the ongoing ambiguity surrounding the outcome of the Ripple lawsuit. As pointed out by All Things XRP, the potential conclusion of the XRP lawsuit could bring clarity to ETFs, ultimately triggering the launch.
Another significant development on the horizon is the widespread celebrations and community engagement following the XRP lawsuit resolution. This major milestone is expected to foster adoption and innovation within the ecosystem.
Although predictions abound, the outcome and timeline of the Ripple vs SEC case remain uncertain. Experts are split on the likelihood of an early resolution, with some forecasting a potential conclusion as early as March or April, while others predict a delay until July or August.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
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.
A renowned crypto market analyst projected a highly bullish outlook for Polygon this Wednesday, triggering severe market concerns globally. Market expert Ali Martinez hinted that POL price remains primed to crash and hit a $0.04 level ahead. As a result, investor sentiments remain alarmingly negative about the token (formerly MATIC) as it currently sits at the $0.2 price level.
Top Analyst Warns Polygon Dip To $0.04 Ahead: But Why?
In an X post on March 19, Ali Martinez signaled that Polygon is undergoing a ‘macro trend shift.’ Despite the broader market showing resilience and preventing massive downturns, POL price has entered a bear market.
The analyst reveals that the crypto formed a ‘descending triangle’ pattern over the past 4 years. This formation characterized a horizontal support floor at the $0.32 price level. However, the price kept hitting lower highs as it advanced, forming a ‘descending trend line.’
Subsequently, on February 25 this year, the price bearishly broke out of this triangle, losing key support mentioned above. In turn, the “odds for an 86% bear market increase towards a target of $0.04 persist,” per the analyst.
How Is Polygon Performing Now?
As of press time, POL price recorded gains worth 1% intraday and exchanged hands at $0.2123. The coin bottomed and peaked at $0.2035 and $0.2136 over the past day. Besides, it’s noteworthy that monthly and yearly losses totaled 35% and 78%, respectively. The broader bearish action remains poised to bore more heat amid the loss of vital support at $0.32.
Declining OI Signals Waning Market Sentiment
Simultaneously, POL futures OI saw a significant decline since the beginning of this year. Coinglass data indicated that the OI slipped from a $119M level as of late January to reach a $55 million level to date.
The declining derivatives data flags a loss of investor interest in Polygon, adding to market concerns amid bearish predictions.
Market Braces For FOMC Today
On the other hand, the U.S. FOMC set to take place shortly ahead has kept investors on their toes. Currently, CME FedWatch Tool Data shows a 99% chance of unchanged interest rates by the U.S. Fed.
Nevertheless, Fed Chair Jerome Powell’s speech remains much-eyed by market participants. Following the economic turmoil caused by Donald Trump’s tariff saga, a dovish hint towards upcoming monetary policies could significantly relieve crypto prices. In turn, even POL could leverage some macro relief, although bearish investor sentiments persist.
It’s also noteworthy that per CoinMarketCap, “the upgrade from MATIC to POL has been initiated on Ethereum’s mainnet.” The crypto’s community revealed that as a Polygon PoS, zkEVM user, MATIC holder, node operator, or staker, users remain poised to witness an effortless and seamless upgrade process.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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.
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