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Bitcoin’s demand surged last week, with a 177,000 BTC growth preceding a 5% rally. The 11% weekly gain has outpaced the CoinDesk 20, which rose 9.6%. This demand spike has driven Bitcoin to a ten-week high of over $67,800, signalling strong investor interest.
Crypto analysts suggest that continued demand growth is necessary for Bitcoin to hit new highs. Bitcoin’s price momentum is inspiring confidence, encouraging investment in both Bitcoin and new cryptocurrencies. With more room for growth, investors are closely watching new crypto releases for potential opportunities.
New Cryptocurrency Releases, Listings, & Presales Today
With Pepe Unchained hitting $20M and the recent announcement of the Pepe Frens with benefits developer grant program, $PEPU is preparing the world for its official launch. After a successful testnet launch and $TAI TGE, TaiNet shared its roadmap to unlocking the full potential of yTAO.
1. Cloudex Token ($CLD)
Cloudex aims to accumulate strategic wealth through compounding. The platform ensures that users gain consistent returns over time. By blending decentralised finance with traditional investment strategies, Cloudex provides a solid foundation for long-term financial growth.
Cloudex Desk is a key feature that helps users navigate the crypto asset market. It aggregates data from various sources to clearly show each asset. This data is condensed into one easy-to-understand Cloudex Desk Score, which users can use to make informed decisions quickly.
Cloudex Index is a tool for passive income. It helps users invest in a carefully selected portfolio of assets. This ensures that users are investing in high-growth, secure assets. The Cloudex Index makes it easy to grow wealth with minimal effort.
The Cloudex Index is simple to set up. Users can customise their portfolios based on personal preferences. With a fast configuration process, users can begin earning passive income quickly. The platform allows easy buying, monitoring, and managing of investments, offering a hands-off approach.
Cloudex reimagines the concept of a hedge fund protocol with the launch of its pioneering platform on the lightning-fast Solana blockchain. Not just another protocol, Cloudex is a beacon of innovation, meticulously engineered to harness the specific benefits of Solana and meet… pic.twitter.com/38GVJQpSAV
— Cloudex Token | $CLD (@CloudexToken) September 8, 2024
Cloudex is revolutionising hedge fund protocols by launching its platform on Solana’s fast blockchain. As the first on-chain hedge fund on Solana, Cloudex combines traditional investment strategies with blockchain power. This innovative approach offers a secure, cutting-edge DeFi experience.
Cloudex has secured strong partnerships to ensure success. PinkSale, a trusted DeFi launchpad, enhances Cloudex’s credibility. It also partners with security platforms like Slither and Token Sniffer to provide top-tier security for smart contracts.
2. Storm Trade ($STORM)
Storm Trade is Telegram’s first decentralised derivatives trading platform, built on the TON blockchain. It allows users to trade Crypto, Stock, Forex, and Commodities with leverage up to x50. This decentralised exchange operates seamlessly in the Web App and Telegram, providing users with an innovative trading experience.
The platform offers expanded trading capabilities, including leverage up to x50 and instant price updates. Users can trade cryptocurrency pairs with collateral in TON and USDT, giving them flexibility and opportunities. Additionally, Storm Trade integrates Social-Fi mechanics such as squad trading tournaments, NFT collections, and copy trading to enhance community engagement.
Storm Trade features a comfortable interface that is familiar to decentralised exchange users. With the TradingView chart integration, users can easily navigate and analyse market movements. The platform also employs advanced security protocols to ensure funds remain secure while maintaining full decentralisation.
The platform aims to develop Social-Fi trading mechanics, making trading on Telegram more accessible and fun. As part of the recent news, $STORM trading is now live on major exchanges, marking a major milestone. With partnerships including Pyth, Tonstarter, and TonCoin.Fund, Storm Trade is well-positioned for future growth.
⚡️ $STORM Trading is Live!
🚀 The moment we've all been waiting for is here! $STORM is now available for trading on exchanges!
🪙 Trade STORM/USDT pairs on:
• @MEXC_Official
• @gate_io
• @BingXOfficial💎 Official $STORM token contract:… pic.twitter.com/Wi5eYSQ3Fn
— Storm Trade ⚡️ (@storm_trade_ton) October 16, 2024
STORM is the utility token within the Storm Trade ecosystem. It provides various benefits, including revenue sharing, where stakers receive 30% of the protocol’s fees. Once implemented, STORM tokens can be used to pay fees, receive discounts, and access private community features.
3. Pepe Unchained ($PEPU)
Pepe Unchained uses Layer 2 blockchain technology to deliver faster speeds and higher rewards. With Layer 2, Pepe Unchained offers double the staking rewards, making it a competitive platform for users. It combines better speed, improved rewards, and the familiar Pepe flavour users love, providing an enhanced experience.
Layer 1 blockchains like Ethereum face congestion, leading to slow transaction speeds and higher fees. This problem reduces the efficiency and scalability of blockchain networks as they grow in usage. Pepe Unchained solves this using Layer 2 solutions that process transactions off the Ethereum main chain.
Pepe Unchained’s use cases include instant bridging between ETH and Pepe Chain for efficient asset transfers. Users can experience lower transaction fees with the added benefit of high-volume capacity. The platform operates 100x faster than Ethereum, making it ideal for high-frequency transactions.
Recent news highlights the launch of the Pepe Frens With Benefits Developer Grant Program. This initiative is designed to attract top blockchain developers to build on Pepe Unchained Layer 2. By diversifying its ecosystem, the program will bring wide-scale adoption while rewarding developers for their contributions.
WE JUST HIT $20M RAISED!
And with this milestone, we have another major project update to share with our incredible community! pic.twitter.com/z9xlqZ2dAV
— Pepe Unchained (@pepe_unchained) October 16, 2024
Partnerships will be revealed after the official launch, expanding the platform’s network and ecosystem. Pepe Unchained’s presale is ongoing, with $20,182,307.65 raised out of a goal of $20,242,693. The token currently trades at $0.0103, offering early investors the chance to benefit from future growth.
4. TaiNet ($TAI)
TaiNet laun͏c͏hed in Ma͏rch 202͏3 and revo͏luti͏onized the AI and bl͏ock͏chain ind͏ustr͏ies. ͏The project͏ created a decentralized ͏m͏arketpl͏ace for ma͏chine͏ learning͏, enabli͏ng AI develop͏ers t͏o co͏n͏nec͏t with a͏n incentivize͏d network. Doing so͏ opened ne͏w avenue͏s f͏o͏r collaboration͏, ͏with͏ ͏t͏he͏ ͏TAO token ͏repr͏esenting dev͏elop͏ers’͏ con͏tributions and th͏e quality of their ͏mod͏els.
O͏ne of ͏the s͏ignificant ͏pr͏oblems Ta͏iNet solves i͏s ͏th͏e chal͏l͏enge͏ fac͏ed by͏ TAO tok͏en ͏holders͏ who sta͏ke their ͏token͏s͏. Staking locks up the tokens, ma͏k͏ing ͏them inacce͏ssible f͏o͏r oth͏er yield͏-beari͏ng ͏act͏ivi͏t͏ies. Additionally,͏ stake͏rs must dele͏g͏ate their TAO to subnet valida͏tors͏, wh͏i͏ch is a͏ c͏ompl͏ex ͏and active pro͏ces͏s.
͏Tai͏N͏et a͏d͏dresses th͏is ͏issue by͏ ͏introducing yTAO, a yi͏eld-͏opt͏imized, ͏l͏iquid ͏stakin͏g token ͏c͏ompati͏ble with͏ native TAO tokens. Users ca͏n ͏de͏p͏osi͏t ͏nativ͏e TAO and ͏wT͏AO tokens i͏nt͏o TaiNe͏t, whic͏h͏ uses AI-driven strategies to ͏d͏elega͏te tokens to the͏ b͏e͏st validator͏s͏. ͏In ͏r͏eturn,͏ u͏sers receive ͏an equivalent amount o͏f͏ y͏TAO ͏tokens, ͏which remai͏n liq͏u͏id an͏d ͏can ͏b͏e used f͏or additio͏nal͏ yield-bearing DeFi activ͏it͏ie͏s.
The TaiNet testnet is now live! 🔥 You can try our system with wTAO staking. We will be plugging in native TAO deposits as part of our mainnet launch in the coming weeks.
Try our live dApp now at:
🔗https://t.co/sAwpng9AzJ pic.twitter.com/y27WpXB4VX— TaiNet Protocol (@tainetprotocol) October 15, 2024
͏Re͏cent ͏news reveals ͏that the TaiNet test͏net i͏s no͏w live. The͏ sy͏st͏em currently suppor͏ts w͏TAO stakin͏g, and in ͏the comi͏ng we͏e͏k͏s, native ͏TAO d͏epo͏sits ͏will be integrated as part o͏f͏ the mainnet lau͏nch. Thi͏s m͏ove will fur͏t͏her e͏xpand t͏he platform’s capabilities and s͏olidi͏fy Ta͏iNet ͏as ͏a cr͏i͏ti͏cal c͏omponent of the͏ Bittensor ec͏osyste͏m.͏
yTAO tok͏en͏s ͏ar͏e fully͏ tr͏a͏dable͏,͏ al͏lowing us͏ers to͏ u͏se thei͏r staked fu͏n͏ds͏ f͏or other ͏purpo͏ses. T͏aiN͏et’s AI-͏driven ͏deleg͏at͏io͏n s͏tr͏ategies c͏ontinuousl͏y͏ opt͏imiz͏e t͏h͏e͏ staking process, ens͏uring͏ us͏ers receive ͏be͏tter yields th͏an reg͏u͏lar staki͏ng.͏ This m͏ake͏s TaiNet ͏a powe͏rful tool ͏for those wh͏o wa͏nt to maximize the returns from their ͏TAO t͏oke͏ns wh͏ile ma͏intaini͏ng ͏liquid͏ity.
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