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MultiverseX (EGLD) is the top gaining cryptocurrency among top 100 coins by market in the past 24 hours, with price up 11% after the team announced integration with Safepal. EGLD price rose to $32.
The cryptocurrency market crashed in the last 24 hours, led by Bitcoin (BTC), as fear, uncertainty, and doubt (FUD) dominated. Meanwhile, MultiversX (EGLD) and Monero (XMR) displayed signs of strength, while most other cryptocurrencies showed weakness.
In the fast-paced world of cryptocurrency, time waits for no one as blockchain and crypto projects continue to develop. The second half of 2024 is set to be exciting for crypto enthusiasts and investors, as several innovative projects are expected to reach significant milestones in the coming months.
Binance announces support for MultiversX (EGLD) and Ronin (RON) network upgrades and hard forks, ensuring uninterrupted trading.
Blockchain services provider STORM Partners made a major announcement during the Web3Fest, along with Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland's “Crypto Valley,” the company unveiled “Lightningbox,” a new Web3 Sandbox, and relocated its headquarters from Montreux to Geneva.
Once students complete the course, they'll be eligible for follow-on mentorship, support, and funding.
Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains.
In a monumental development that is reshaping the landscape of blockchain gaming, MultiversX has surged ahead of its competitors, establishing itself as the new leader in the industry. This groundbreaking shift comes at a pivotal moment when the gaming world is undergoing unprecedented growth and innovation, with virtual worlds becoming increasingly immersive and decentralized.
Gaming cryptocurrencies became popular in the previous bull market through the innovative play-to-earn model that mixed investing with entertainment. However, most games were quickly developed and launched to join the hype, financially harming gamers and investors due to flaws and unsustainable economics.
Binance has announced its support for the network upgrades and hard forks of cryptocurrencies Chiliz (CHZ) and MultiversX (EGLD).
Despite the overall increase in cryptocurrency market capitalization, many large-caps posted dramatic losses since Jan. 1, 2024. One of three tokens in the top 100 is in the red, Colin Wu's review says.
Forbes listed 20 zombie coins, calling them good-for-nothing blockchains — They are unproven and have little utility other than speculative crypto trading. Among these are XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS. Despite high valuations, these tokens face questions about real-world adoption.
The gaming tokens have surprisingly surged during the week. Moreover, the price of bitcoin most recently reached an all-time high of more than $71,000.
Amidst market turbulence, Token Metrics, renowned for its AI-powered investment research, has identified a select group of cryptocurrencies poised to deliver extraordinary returns. Firstly, let's delve into Token Metrics' latest findings, spotlighting cryptocurrencies with the potential to yield gains of up to 100 times and more when the market rebounds.
Solana (SOL) network issues have escalated affecting investors' confidence and preventing the proper use of its decentralized finance (DeFi) ecosystem. In this context, Finbold selected ten Solana competitors to consider using and investing amid transaction failures affecting its experience.
Although many assets in the cryptocurrency market are starting to reverse the gains attained in the last several weeks, some of the previously dormant cryptos, including the Cardano (ADA) competitor MultiversX (EGLD), are showing signs of ‘waking up' and possibly breaking through critical levels.
This year, MultiversX (EGLD) has seen a remarkable resurgence, reportedly surging by an impressive 81%, a significant rebound that positions the digital asset at a pivotal juncture in its journey. With its price touching the noteworthy mark of $67.40, stakeholders and enthusiasts are now speculating about the possibility of EGLD returning to, or even surpassing, its all-time high (ATH) of $490.
The cryptocurrency market is in strong momentum overall, with most projects already showing overbought signals through technical analysis indicators. However, some cryptocurrencies have lagged behind, still suggesting strength for continuation—a buy signal for this week.
The integration of MultiversX with Google BigQuery suggests potential growth for the MultiversX ecosystem. It highlights the network's dedication to improving user experience and supporting its developer community by offering new tools for data analysis and insights.
In a new development for their partnership, MultiversX has announced its integration with Google BigQuery, marking a significant milestone in making blockchain data more accessible and insightful, per an official post. Related Reading: xDay 2023 Day 2: Google And MultiversX Join Hands, How The Big Tech Giant Will Support The Community MultiversX Ecosystem Gains a Boost With BigQuery Integration This integration hints at potential growth for the MultiversX ecosystem, underscoring the network's commitment to enhancing the user experience and assisting its developer community by providing them with new tools.
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MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3,000+ nodes, scalable through sharding, fast, secure and green.
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CoinMarketCap has seen cryptos Bonk, MultiversX, and Terra Classic experience larger than average losses between 17% and 18% amid shaken investor confidence.
