Chainlink (LINK) has recently surged towards a crucial resistance level, signaling potential bullish momentum in the cryptocurrency market. After an impressive recovery from $10, LINK’s rise of over 74% in
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Elon MAGA Solana Memecoin to Rally Over 18,000% Before Exchange Listing, While SHIB. BONK and Dogecoin Lag
Elon MAGA could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Elon MAGA (ELONMAGA), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because ELONMAGA is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Elon MAGA can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Elon MAGA could become the next viral memecoin. Elon MAGA launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Elon MAGA on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Elon MAGA by entering its contract address – 7aemsYDqBWz1vyyDQqMwMkvSa4xgyFYVc5NnrPecL6iX – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin) from an exchange like Coinbase, Binance, and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF), trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like ELONMAGA. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. CoinOtag
Charles Hoskinson Predicts Bitcoin DeFi Revolution, $500,000 BTC Price Target
Cardano founder Charles Hoskinson has made a bold proclamation: decentralized finance (DeFi) on the Bitcoin network is set to overshadow all other blockchain ecosystems within the next two to three years. Speaking in a YouTube video on November 27, Hoskinson boldly expressed his unwavering confidence in Bitcoin’s transformative potential, describing the ecosystem as an “awakened giant” poised for unparalleled growth in scale and liquidity. Bitcoin DeFi: The Next Big Leap? “DeFi in the Bitcoin ecosystem will eclipse DeFi in all ecosystems in the cryptocurrency industry within 24 to 36 months,” Hoskinson declared. His optimism is also grounded in Bitcoin’s increasing adoption and its evolving role as a strategic reserve asset , a trend he claims is gaining traction among governments. Hoskinson also emphasized Bitcoin’s pivotal role as the “store of value for the internet,” highlighting its ability to integrate DeFi functionalities. A New Vision for Bitcoin DeFi Central to Hoskinson’s forecast is a novel approach to bridging Bitcoin into the decentralized finance space without relying on centralized exchanges. Through a feature he calls “DeFi mode,” Bitcoin holders can transfer their BTC to the Cardano network as wrapped tokens. This integration unlocks a world of DeFi opportunities, enabling users to trade on decentralized exchanges, earn yield, and retain full custody of their private keys. This vision was set in motion with the announcement of the Cardano-Bitcoin bridge in October, based on the Grail protocol. The bridge aims to merge Bitcoin’s robust security with Cardano’s scalable DeFi ecosystem. Hoskinson further sees this as the foundation for building DeFi applications that leverage Bitcoin’s unparalleled liquidity and trustworthiness. “Simply put, Bitcoin is the store of value for the internet, and it will remain in that role for the foreseeable future now that it has a DeFi layer,” he remarked. Bitcoin to $500,000 in Two Years? While analysts are hoping to see Bitcoin to $100,000 , Hoskinson presents bold forecasts. He predicted BTC could reach a price of $250,000 to $500,000 within 12 to 24 months. This, he said, would be because of increasing institutional investment and global interest. The combination of Bitcoin’s newfound DeFi capabilities and its growing recognition as a reserve asset could be the catalysts for this significant price surge, Hoskinson suggested. If realized, this could mark a turning point for both Bitcoin and the broader cryptocurrency industry. The post Charles Hoskinson Predicts Bitcoin DeFi Revolution, $500,000 BTC Price Target appeared first on TheCoinrise.com . CoinOtag