German researchers found bot networks use AI to create fake profile photos in an effort to better spread misinformation on X.
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Holiday Special: These Altcoins Under $1 Could Deliver Massive ROI
As the holiday season unfolds, interest is mounting around certain cryptocurrencies that are still priced below $1. With Bitcoin breaking the $100,000 mark and major altcoins reaching new highs, the spotlight turns to these affordable tokens. They hold the promise of significant returns, and could be the next big movers in the crypto market. Score Big with XYZ: The New Meme Coin Heavyweight The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring 9,900% growth , XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake. Own the field, earn while the crowd plays XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse , where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action. Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption. Missed meme coin supercycle? By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins . BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% from its current price by the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued , XYZ is going the distance to break new records! Rallying the community, securing the win XYZVerse will be the MVP in this bull run , giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run , ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community. >>The XYZ presale is live – don’t miss out on this knockout 9,900% opportunity! JasmyCoin (JASMY) Imagine having full control over your personal data and deciding how it’s used. JasmyCoin (JASMY) is a project from a Tokyo-based company called Jasmy Corporation that aims to make this possible. They specialize in the Internet of Things (IoT), connecting devices like computers, cars, and phones. By combining IoT with blockchain technology, Jasmy creates a secure platform where users can safely store and exchange their data. In this system, your personal information becomes your own asset, and you have the power over it. In today’s market, data privacy is more important than ever. JasmyCoin stands out by focusing on protecting individual data rights. Unlike some other coins that prioritize speed or scalability, JASMY puts data ownership front and center. This aligns with a growing trend where people want more control over their digital lives. As concerns about data security rise, a coin that empowers users could draw more interest. While the crypto market is always changing, JasmyCoin’s unique approach to data democratization makes it an intriguing player to watch. Pepe (PEPE) PEPE is a new player in the cryptocurrency world, born from the popular Pepe the Frog meme created by Matt Furie. Launched on the Ethereum blockchain, this deflationary memecoin has captured the attention of many. It follows in the footsteps of other meme-based cryptocurrencies like Dogecoin and Shiba Inu. By embracing its meme origins and keeping things simple with a no-tax policy and being upfront about its lack of utility, PEPE appeals to those who enjoy the fun side of crypto. In late April and May of 2023, PEPE’s value skyrocketed, reaching a market cap of $1.6 billion at its peak. Early investors saw huge gains, and a strong community formed around it. This surge sparked what some call a “memecoin season,” with new memecoins popping up and experiencing wild price swings. PEPE’s roadmap includes plans for major exchange listings and aims for a “meme takeover.” Whether PEPE will reach new heights remains uncertain, but with the upcoming Bitcoin halving and hopes for a Bull Run, many are watching closely. For those intrigued by meme coins and high-risk, high-reward opportunities, PEPE might be an attractive option in the current market. Artificial Superintelligence Alliance (FET) Artificial Superintelligence Alliance is an innovative project founded in 2017 and launched on Binance in 2019. It’s building an open, decentralized machine learning network powered by blockchain technology. Fetch.ai aims to make AI accessible to everyone through a permissionless network. This allows anyone to connect and use secure datasets with autonomous AI agents performing tasks across its global data network. Applications include optimizing DeFi trading, improving transportation systems, enhancing smart energy grids, and revolutionizing travel—any complex system relying on large-scale data. With its unique blend of AI and blockchain, Fetch.ai has significant potential. In the current market, the coin looks promising, especially as interest in AI and decentralization grows. Price predictions suggest FET could gain value in the coming years, reaching over $1 by 2025 and $1.19 by 2030. Compared to other AI-focused coins like SingularityNET or Ocean Protocol, Fetch.ai stands out with its autonomous agents and practical applications. As demand for AI solutions increases, Fetch.ai might be a project to watch in the evolving crypto landscape. Stellar Lumens (XLM) Stellar Lumens (XLM) is changing the way money moves around the globe. Founded in 2014, Stellar is a decentralized network that uses blockchain technology to make sending funds fast and affordable. It doesn’t pick favorites among currencies. Instead, it allows people to transfer any type of money, whether it’s a national currency or a cryptocurrency like Bitcoin. Over the years, Stellar has processed billions of transactions and teamed up with major companies. With Stellar apps, individuals can send money worldwide, and businesses can build their own blockchain tools or use the network for payments and currency exchanges. Unlike many other cryptocurrencies that aim to replace traditional financial systems, Stellar wants to work with them. It offers a platform where different financial systems can collaborate. This approach sets it apart in the current market, where cooperation is becoming more important. The Stellar Development Foundation, supported initially by Stripe, helps promote the network’s use. It works on projects like NFT creation and smart contracts. As the crypto market evolves, Stellar’s focus on bridging old and new financial worlds might make it stand out among other coins. Its technology and partnerships could play a key role in the future of global finance. Conclusion Though JASMY, PEPE, FET, and XLM hold promise, XYZVerse (XYZ) stands out as a pioneering memecoin uniting sports fans and targeting massive growth. You can find more information about XYZVersus (XYZ) here: Site , Telegram , X Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Decrypt
Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?
Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience. Long-term holders, defined as investors holding Bitcoin for over 155 days, are often viewed as a stabilizing force in the market. Their selling patterns can significantly influence price trends, making SOPR an indicator worth watching. Related Reading: Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals Long-Term Holder Trends And Market Sentiment Recent analysis from a CryptoQuant analyst known as Cryptoavails highlights that Bitcoin’s long-term holder SOPR metric continues to exhibit notable patterns as Bitcoin’s price trends upward. Historically, SOPR values above 1 indicate that long-term holders are selling at a profit, while values below 1 suggest they are offloading their holdings at a loss. This behavior reflects broader market confidence or capitulation during periods of price decline. Currently, the SOPR metric remains consistently above 1, signaling that long-term holders are selling profitably without adding significant downward pressure on Bitcoin’s price. The analysis from Cryptoavails tracks key phases in the Bitcoin market over the past two years, highlighting significant shifts in SOPR values. For instance, in early 2022, the SOPR metric showed high volatility with frequent spikes, suggesting intense profit-taking activity by long-term holders. Amid these sales, Bitcoin’s price experienced a downward trend, reflecting persistent selling pressure during that period. This trend gradually shifted in late 2022 and early 2023 when the SOPR metric mostly remained below 1, indicating that long-term holders were selling at a loss as the market sought to find stability. By mid-2023, the SOPR began trending upwards, signaling renewed confidence among long-term investors. The metric consistently moved closer to or above the critical level of 1, suggesting that long-term holders were once again selling at a profit while market confidence began to recover. This upward trend has remained intact into 2024, supported by Bitcoin’s rising price levels. Importantly, there have been no significant sell-offs by long-term holders, reinforcing the broader market’s stability, according to the crypto analyst. SOPR As A Forward Indicator For Market Growth Overall, Cryptoavails mentioned that the current state of Bitcoin’s SOPR suggests a healthy market dynamic, with long-term holders contributing to a stable price structure. Despite periodic corrections, the sustained presence of SOPR above 1 indicates that selling pressure remains controlled. Related Reading: What’s The Worst Case Scenario For Bitcoin Right Now? Analyst Explains The analyst also pointed out that this behavior reflects market maturity, where long-term investors are not rushing to offload their holdings despite Bitcoin’s price appreciation. Regardless, Bitcoin has continued to consistently decrease in price since its sharp drop below $100,000 last week. At the time of writing, Bitcoin trades at a price of $93,991 down by 1.6% in the past 24 hours. Featured image created with DALL-E, Chart from TradingView Decrypt