This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.
The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
This handy tool lets users trade over 3,000 tokens on the BNB Chain directly from the Telegram app. It's like having a mini exchange in your pocket, making trading faster, simpler, and more accessible for everyone.
PancakeSwap has launched a Telegram bot that allows users to trade over 3,000 cryptocurrencies directly within the messaging app.
PancakeSwap's new Telegram bot lets users trade over 3,000 tokens from the app, highlighting DeFi's growing accessibility.
Altcoin tested the 200-day EMA—Will bulls break through or face a downturn if support fails?
The divergence in performance of DEX tokens suggests that while decentralized exchanges are a foundational component of DeFi, they face adoption challenges.
The new partnership allows Cake Wallet users to use .xmr domains in their blockchain interactions.
PancakeSwap is at a critical juncture—will it break past key resistance, or will a breakdown trigger further downside?
Decentraland has introduced Decentraland 2.0 beta for desktop clients.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days.
The new memecoin launchpad on BNB Chain, GraFun, announced that projects launching on its platform can automatically graduate to PancakeSwap V3 after reaching 31 BNB.
Bitcoin failed to hold above $62,000 as the crypto prices continued to battle sell-off pressure in a month that has historically been bullish. Several altcoins are however likely to mirror BTC's holding of support near $60k, including Tron (TRX), Worldcoin (WLD) and Decentraland (MANA).
Version 2 of the DEX recorded 6.1 billion dollars in seven days.
Crypto gaming project Decentraland (MANA) has suffered a security breach, according to blockchain security firm PeckShield. PeckShield says hackers took control of Decentraland's social media account on X and promoted a fake MANA airdrop. The aim of the scheme was to get people to visit a phishing site that collects details of their digital wallets.
TL;DR PancakeSwap has reached a cumulative trading volume of $836 billion and a total value locked of approximately $1.72 billion. PancakeSwap's v4 upgrade is designed to improve liquidity provision, interoperability, and scalability. The new version is expected to reduce gas fees and offer advanced trading tools.
PancakeSwap announces its v4 update to improve liquidity provision, interoperability, and scalability, aiming to resolve AMM shortcomings.
Users were tricked into connecting their wallets to a phishing site, leaving them vulnerable to financial loss.
Decentraland's X account was hacked to promote a phishing scam advertised as a MANA airdrop.
Decentraland's X account was compromised in a phishing attack. PeckShield warns users to avoid interacting with the compromised account.
Decentraland's official X account was hacked, which allowed the attackers to distribute a phishing link masquerading as a MANA token airdrop.
Virtual reality-focused project Decentraland's X account was compromised earlier today to promote phishing links. According to PeckSheild alert, on Sept.
The fraudulent post on Decentraland's X account promoted a fake MANA airdrop with a phishing link, prompting users to connect their cryptocurrency wallets to claim the tokens.
PeckShield warns Decentraland followers of an ongoing phishing attack using a fake MANA airdrop, urging users to avoid interaction.
Singapore, Singapore, 18th September 2024, Chainwire
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
MANA reclaimed key support at $0.26, but that alone might not work out!
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.
TL;DR PancakeSwap launches its first prediction bot on Telegram to predict BNB prices. The celebration campaign includes a drawing for $4,444 in rewards on September 22. The bot allows predictions to be made every 5 minutes with a minimum stake of 0.001 BNB.
Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.
Amid the broader volatility, the DeFi tokens are making news with a potential breakout rally ahead. With the Uniswap team under pressure from the CFTC team and the fine of $175,000, PancakeSwap takes an interest in smart money.
This reduced its total supply by 9,171,676 CAKE tokens, equivalent to a staggering $15 million. Token burns like these are a critical part of PancakeSwap's tokenomics, helping to manage the supply of CAKE.
PancakeSwap has seen the price of its native token rise slightly after the multi-chain decentralized exchange announced it had burned more than 9 million of the tokens. The price of PancakeSwap (CAKE) rose by about 2.3% following the announcement.
Decentraland (MANA) is at a critical juncture as it faces a key trendline retest that could determine its next major move. With the price hovering near a crucial support level, market watchers are keen to see whether MANA will hold the line and spark a bullish reversal.
GeForce NOW adds 'Visions of Mana', 'Star Wars Outlaws', and 'Call of Duty: Black Ops 6' Open Beta to its cloud gaming library.
The cryptocurrency market welcomed 2024 with bullish promises for each sector, and experts anticipated historical all-time highs this year. Metaverse project Decentraland (MANA) seemed to have all it takes for a bull ride, though the outcome hasn't been as encouraging.
Another spike in Bitcoin to $61K for the seventh time since August 8th means the altcoin market is heading to the $1 trillion mark. As the bullish momentum increases, interest in DeFi, AI, and Gaming tokens increases. With the bullish resurgence showing potential to hit 2021 levels. Here are the top Gaming tokens to buy.
The history of the decentralized exchange PancakeSwap
Compared to the past month, the native token of the Decentraland platform has fallen by 15%. However, over the past week, it has increased by approximately 4%.
This burn event represents a substantial reduction in the circulating supply of CAKE. It is expected to have a positive impact on the token's value over time by decreasing supply.
TL;DR PancakeSwap has launched the beta version of its Quest platform, designed to simplify interaction with quests in the DeFi ecosystem. Quest unifies the management of its campaigns and those of its partners, addressing fragmentation in the DeFi ecosystem.
PancakeSwap announces a major airdrop of 2.4 million ZKsync tokens to reward its community.
PancakeSwap has so far burned more than 78 percent of the total CAKE supply to date, thus significantly increasing the value of the existing coins.
The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA's price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick pattern.
PancakeSwap, a leading decentralized finance (DeFi) network, made a bullish move to boost the project's growth. The platform has confirmed a massive token burn, destroying 8,820,499 CAKE coins (worth about $17 million) to reduce the asset's supply.
MOG Coin, Stellar and Decentraland are our top choices for cryptocurrencies to watch this week, following their contributions to the recent market rebound.
As the broader cryptocurrency market faces a downturn, marked by a 3% drop in Bitcoin's price and a similar decline in Ethereum, Decentraland (MANA) stands out as a resilient performer. Despite the prevailing market conditions, MANA is showing signs of potential recovery.