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SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains

SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See GainsAccording to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing the spotlight by skyrocketing 193%. This Week’s Crypto Gainers […]

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Trader Predicts Record High for Real-World Asset (RWA) Token, Updates Outlook on Solana, Fantom and dogwifhat

Trader Predicts Record High for Real-World Asset (RWA) Token, Updates Outlook on Solana, Fantom and dogwifhat

A widely followed trader is leaning bullish on a mid-cap Real World Asset (RWA) token while offering his insight on three other altcoins. The trader pseudonymously known as Sherpa tells his 223,600 followers on the social media platform X that the native token of the RWA blockchain MANTRA (OM) could go up by around 16% […]

The post Trader Predicts Record High for Real-World Asset (RWA) Token, Updates Outlook on Solana, Fantom and dogwifhat appeared first on The Daily Hodl.

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Analyst Says Altcoin That’s Exploded Over 6,400% in One Year ‘Still Looks Strong,’ Updates Outlook on Dogecoin

Analyst Says Altcoin That’s Exploded Over 6,400% in One Year ‘Still Looks Strong,’ Updates Outlook on Dogecoin

A closely followed crypto strategist and trader says one red-hot real-world asset (RWA) project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that MANTRA (OM) “still looks strong.” “Consolidation in the previous range and now expansion; would be careful buying here personally and think […]

The post Analyst Says Altcoin That’s Exploded Over 6,400% in One Year ‘Still Looks Strong,’ Updates Outlook on Dogecoin appeared first on The Daily Hodl.

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Trader Updates Outlook on Altcoin That’s Exploded Over 4,100% in Nine Months, Maps Path Forward for dogwifhat

Trader Updates Outlook on Altcoin That’s Exploded Over 4,100% in Nine Months, Maps Path Forward for dogwifhat

A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that’s skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.” “OM still is […]

The post Trader Updates Outlook on Altcoin That’s Exploded Over 4,100% in Nine Months, Maps Path Forward for dogwifhat appeared first on The Daily Hodl.

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Analyst Says Altcoin That’s Exploded Over 2,800% Year-to-Date Primed To ‘Do Better,’ Updates Outlook on Bitcoin

Analyst Says Altcoin That’s Exploded Over 2,800% Year-to-Date Primed To ‘Do Better,’ Updates Outlook on Bitcoin

A closely followed crypto analyst says one altcoin that has seen tremendous gains over the last year is primed to continue its ascent. In a new thread, crypto strategist Michaël van de Poppe tells his 722,300 followers on the social media platform X that decentralized finance ecosystem Mantra (OM) is gearing up for another leg […]

The post Analyst Says Altcoin That’s Exploded Over 2,800% Year-to-Date Primed To ‘Do Better,’ Updates Outlook on Bitcoin appeared first on The Daily Hodl.

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

Trader Says One Ethereum Rival Will Do Well in 2024, Updates Outlook on Three Additional Altcoins

Trader Says One Ethereum Rival Will Do Well in 2024, Updates Outlook on Three Additional Altcoins

A widely followed crypto strategist believes that one Ethereum (ETH) rival could have a strong performance this year. Pseudonymous analyst Altcoin Sherpa tells his 214,300 followers on the social media platform X that Fantom (FTM) could soar more than 15% from its current value. “FTM: I think this is still a very solid coin and […]

The post Trader Says One Ethereum Rival Will Do Well in 2024, Updates Outlook on Three Additional Altcoins appeared first on The Daily Hodl.

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Trader Updates Outlook on Altcoin That’s Exploded Over 1,000% Year-to-Date, Maps Path Forward for Bitcoin

Trader Updates Outlook on Altcoin That’s Exploded Over 1,000% Year-to-Date, Maps Path Forward for Bitcoin

A widely followed crypto analyst and trader is offering his forecast on a digital token that represents physical and traditional financial assets or Real World Assets (RWA). The trader pseudonymously known as Altcoin Sherpa tells his 213,700 followers on the social media platform X that crypto assets in the RWA category are still “strong”. According […]

The post Trader Updates Outlook on Altcoin That’s Exploded Over 1,000% Year-to-Date, Maps Path Forward for Bitcoin appeared first on The Daily Hodl.

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Under-the-Radar Altcoin Explodes Over 45% in 24 Hours Amid Passing of Community Proposal To Upgrade Token

Under-the-Radar Altcoin Explodes Over 45% in 24 Hours Amid Passing of Community Proposal To Upgrade Token

A little-known altcoin is surging over 45% during the last day as a new community proposal passes to upgrade the protocol’s token. In a new video update, John Patrick Mullin, the chief executive of Mantra Chain (OM) says that the community recently voted on making OM the project’s sole token, causing OM to spike. “We […]

The post Under-the-Radar Altcoin Explodes Over 45% in 24 Hours Amid Passing of Community Proposal To Upgrade Token appeared first on The Daily Hodl.

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Coinbase Custody Adds Support for 16 Altcoins, Including 13 Ethereum-Based Tokens

Coinbase Custody Adds Support for 16 Altcoins, Including 13 Ethereum-Based Tokens

Coinbase continues to expand its crypto footprint in a major way by extending custodial services support to more than a dozen altcoins. In a new announcement, the US-based cryptocurrency exchange says it’s adding 16 new cryptocurrencies to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust, a baker’s dozen […]

The post Coinbase Custody Adds Support for 16 Altcoins, Including 13 Ethereum-Based Tokens appeared first on The Daily Hodl.

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Punk6529 unveils Metaverse museum district: ‘Most high-end art NFTs ever’

After launching a museum district with a long list of top NFTs, punk6529 bullishly told their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.”

Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract 100 million users.

The self-funded project is dubbed “OM” and aims to be an open platform that is built and shared by the community. The broader vision for the project is to launch 10 self-governing cities with a max population of 10 million each.

The museum district of the first city (Genesis City) was launched in alpha mode earlier today, with punk6529 bullishly telling their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.”

A promo video for OM shows a long list of NFTs from top projects such as CryptoPunks, Tyler Hobbs’ Fidenza collection, Bored Ape Yacht Club and Art Blocks. At this stage, there are 2000 NFTs on display that belong to either punk6529 or the project’s team members. However new users will be also able “load” their NFTs into OM’s galleries.

The NFT proponent outlined that they are not looking to charge fees or generate crowdfunding at this stage, as they look to deliver a working product before scaling up via investment. At this stage, anyone is free to join and build in the alpha, as long as their “ideas match” that of the museum district.

“I do not want your ETH, I want your input on how to design OM. I collect in public, I invest in public and we are going to build OM in public together.”

“The fundamental governance model of OM is at the district level: Districts can either be ‘developed’ or ‘open’. 6529 is going to develop the 6529 Museum District for example. Others can develop others. Others can be free-for-all experimental spaces,” they added.

In terms of scale, punk6529 stated that the museum district has 25 active buildings in the center square, along with another 2000 buildings that are yet to be activated.

“Each building can host between 1 to 100 spaces, so this district type can easily host 100,000 citizens,” punk6529 said.

The NFT collector also offered their take on an open Metaverse, noting that they envision OM as having “no one party in charge. A Metaverse where you don’t have to worry ‘who is the shareholder and do you agree with them?’.

“This is not so shocking, humans have accomplished this before. There is not one human being in charge of: email, or HTML or TCP/IP or Bitcoin or ERC-721.”

Related: Animoca Brands to bet big on MMORPG blockchain games

For the project to grow and attract a mainstream audience, punk6529 notes that it will have to be affordable, user friendly and provide a bridge to the real world to scale beyond “ETH/crypto degens.”

If all goes to plan, OM will transition into a public beta around June or July if the Metaverse attracts enough users and the tech is able to support further development and large spaces.

Cointelegraph has reached out to punk6529 for more information on the project and will update the story if they respond.

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