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Venmo Co-Founder Releases Fair-Launch Token for New Platform, JellyJelly

The argument for Pump.Fun serving as a platform to launch an ICO (initial coin offering) is picking up steam again after Venmo’s co-founder, Iqram Magdon-Ismail, launched a token on the memecoin launchpad alongside venture investor Sam Lessin. The token, JellyJelly, is linked to an app with the same name focused on content creation and clipping. The founders tout it as “The fastest way to post clips from a video chat.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io CoinTurk News

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Ethereum Set to Hit $2,000 Again This Year, According to Analysts; Emerging Players Like Remittix (RTX) Could Capture Market Share

Ethereum (ETH), a key player in the DeFi sector, is showing signs of vulnerability. Following a recent 4.94% decline in market value, there is speculation amongst investors that Ethereum might fall below $2,000 this year. This situation arises as major holders may be offloading assets and turning their attention to new blockchain initiatives like Remittix (RTX), which are beginning to gain prominence. The public presale of Remittix has already caught significant interest, presenting early investors with a chance to join this exciting venture before it is available on centralized exchanges. With over $9.5 million raised and 415 million tokens sold at $0.0479 each, Remittix aims to gather $36 million in total funding. With only a few weeks left, the window for early entry is closing fast. For more information on the presale, visit Remittix . The Future of Ethereum Amid Rising Competition In the past week, Ethereum’s market value has fallen by 6%. Large investors could be cashing out, potentially triggering more sell-offs and causing further price declines. Although Ethereum holds a leading position in the DeFi and NFT markets, its dominance is being challenged by newer projects that offer faster and cheaper solutions for converting crypto to fiat currency. Short-term investors should be cautious of more potential decreases in Ethereum`s value. On-chain data might reveal that more assets are leaving the Ethereum network, leading investors to question the long-term supremacy of Ethereum in the DeFi space. Remittix: Revolutionizing Crypto Payment Solutions As Ethereum faces these hurdles, Remittix is rapidly gaining traction. This payment platform enables users to effortlessly convert over 40 cryptocurrencies into fiat money, which can then be transferred to bank accounts worldwide. By leveraging blockchain technology, Remittix ensures seamless cross-border payments with no hidden charges. Unlike Ethereum, which can sometimes be associated with high fees and slower transactions, Remittix provides a streamlined solution for crypto-to-fiat conversions, offering a swifter and more economical way to transfer funds globally. Its innovative PayFi model aims to integrate decentralized finance benefits into everyday financial operations, positioning it as a strong contender to disrupt the conventional payment systems that Ethereum cannot fully compete with on the same level. As Ethereum fights to hold its ground, Remittix is paving the way with practical applications that appeal to both businesses and individual crypto users. Reasons Remittix Might Capture Ethereum`s Market Share With Ethereum facing ongoing issues, Remittix could potentially seize a significant portion of its market share. The success of Remittix`s presale highlights the increasing demand for more straightforward and efficient crypto-to-fiat solutions. Remittix offers a straightforward fee structure for global transfers, enabling users to send and receive money without the typical hidden costs and delays associated with Ethereum and other platforms. Remittix presents an appealing alternative to Ethereum`s network congestion and high gas fees. The project aims to simplify international payments and make crypto-to-fiat transfers more seamless, positioning itself to become a major player in the payment industry. Following the presale, the RTX token will be listed on leading centralized exchanges and Uniswap, providing more access to the token and boosting its growth. As Ethereum grapples with price fluctuations and transaction challenges, Remittix`s efficient platform is emerging as a vital solution for businesses and crypto enthusiasts alike. Participate in the Remittix Presale With the presale having already raised over $9.5 million and only a few weeks remaining, now is an ideal moment to invest in Remittix before it reaches major exchanges. The project promises long-term stability as the liquidity pool and team tokens are secured for three years. An RTX token is currently priced at $0.0479, so getting in early is advisable before the price rises. Don’t miss this opportunity, join the presale now at Remittix . For the latest updates and additional information, visit Linktree . CoinTurk News