The Chinese giant Alibaba Cloud announced a partnership with MultiversX (EGLD), while Alibaba (NYSE: BABA) published Q3 2024 earnings results. This partnership starts as EGLD strongly enters the Asian market with an UpBit listing and notable mentions in the media.
Elrond (now rebranded as MultiversX) has continued to make strides as a scalable and secure blockchain platform for decentralized applications (dApps) and decentralized finance (DeFi). With its focus on high-speed transactions, low-cost operations, and interoperability, the platform has garnered considerable attention from both investors and developers.
Flow (FLOW) has attracted significant attention within the blockchain community due to its focus on decentralized applications (d Apps) and NFTs. As the backbone of successful projects like NBA Top Shot, Flow has built a reputation as a promising platform for high-performance applications.
The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes in a new post on the social media platform X that MultiversX, formerly known as Elrond, registered 264.9 notable GitHub events in the past 30 days.
Ethereum (ETH) has grown to be the most competitive Bitcoin (BTC) rival, allowing for programmable money and smart contracts. After that, other cryptocurrencies surged as Ethereum rivals, challenging its dominance with advanced technologies fostering innovation, scalability, decentralization, and security.
A cryptocurrency influencer, venture capitalist, and angel investor recommended his followers to “sell your watch” and put in one of three altcoins for a “50x” return. If the market goes as expected, this move could result in a $5,000 holding, considering an average $100 watch.
Flow coin (FLOW), the native cryptocurrency of the Flow blockchain developed by Dapper Labs, serves as a vital element in powering decentralized applications (dApps) and digital assets. With a current trading price of approximately $0.543 and a market capitalization of about $788.7 million, FLOW has shown considerable volatility recently, fluctuating between $0.5314 and $0.543.
MultiversX (EGLD), NEAR Protocol (NEAR) and Nexo (NEXO) are among altcoins that have slipped into red as the global crypto market declines 2.4% in the past 24 hours. Meanwhile, the crypto market is eyeing broader investor reaction to upcoming US inflation data and other potential catalysts.
The cryptocurrency market seems ready to start the second phase of the 2024 crypto bull run, according to analysts. Thus, Finbold selected two cryptocurrencies with the potential to turn a $100 investment into $1,000, with a 900% return.
The cryptocurrency market continues to crash as traders and investors wonder when the digital assets will reach the bottom. In such an unpredictable market, players can look for technical indicators that assist in spotting potentially oversold cryptocurrencies to buy.
Story Highlights The live price of the Flow token is . This altcoin could surge to a maximum of $1.16 in 2024. FLOW with a potential surge could go as high as $5.63 by 2030. Rising altcoins are making a new bull wave in the crypto market, marking new surges in specific altcoins daily.
The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment. Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days. The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events.
September is expected to be the beginning of change for the crypto market, which could be a boon for altcoins.
Amid the increased social activity for DePIN projects, the EGLD price action reveals a positive cycle in motion. As the native token of the multiversX, EGLD has shared a similar phase to all the other metaverse tokens in the crypto market.
Cryptocurrency Prices Today (August 30): The broader market witnessed significant price fluxes today, with major coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP trading in the red territory. However, altcoins BEAM and MultiversX (EGLD) traded dominantly in the green zone today.
Tokens that power Decentralized Physical Infrastructure Networks (DePIN) are gaining traction, making them assets that investors should watch closely.
As 2024, the year marked by exciting movements in the cryptocurrency sector, slowly moves towards its final quarter, crypto traders and investors are increasingly looking at its potential assets that could deliver a relatively substantial profit.
Story Highlights The live price of the EGLD crypto token is . The Elrond price could go as high as $67.93 by 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.
Cryptocurrencies have mostly become a game of highly capitalized institutional investors known as venture capitalists (VC), often described as a “predatory” dynamic. As the Securities and Exchange Commission (SEC) continues with the cryptocurrency industry crackdown, VC-funded projects could offer increased risks.
This update gives users an easy entry point to MultiversX, enhancing the speed and security of blockchain technology. MultiversX is a new-age blockchain built to be fast, efficient, and safe.
Enhanced security and seamless access to MultiversX's ecosystem could significantly reduce crypto-phishing losses and boost Web3 adoption. The post MetaMask and MultiversX join forces to bring on-chain 2FA to millions appeared first on Crypto Briefing.
MultiversX, ecosystem of the crypto Elrond, has announced the launch of the "Snaps" feature for integration with the MetaMask wallet.
The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.
Fundamental analyses are often overlooked in the cryptocurrency market, primarily focused on short or mid-term trades, mostly following technical analyses. However, investment funds like Cyber Capital focus on long-term value investing through in-depth fundamental analyses of the industry's projects.
The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.
A permissionless layer 1 blockchain for mainstream apps. Flow is a fast, decentralized, and developer-friendly blockchain designed to be the foundation for a new generation of games, apps, and digital assets that power them.
Dive into the visionary thoughts of Beniamin Mincu, CEO of MultiversX, as he discusses technological advancements, community engagement, and the future of blockchain in our exclusive GoCrypto interview series.
Currently, Flow is trading at $0.6283, with its trading volume spiking by 361% to approximately $150 million. The market capitalization of FLOW has also increased to $950 million.
Story Highlights The live price of EGLD is . The Elrond price could go as high as $87.93 by the end of 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.
MultiversX, formerly known as Elrond, is facing challenges in sustaining recent price gains amidst broader market volatility. The EGLD token price has dropped by 4% in the past 24 hours, highlighting ongoing fluctuations in its valuation despite positive developments in its ecosystem.
Talks of an altcoin season have been put to rest after the total crypto market cap briefly slipped below $2 trillion. The decline resulted from a broader price crash in which many altcoins reached extremely low values that had not appeared in weeks, some months, and others— years.
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.
The cryptocurrency market has been notably volatile in the past week, exhibiting both sharp declines and brief recoveries.
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.
Flow Coin (FLOW) emerges as a compelling asset, drawing attention from investors seeking insights into its future trajectory. Embark on a journey through time as we delve into the depths of Flow Coin's potential, unraveling the intricacies of its price forecast from 2024 to 2030.
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.