21 hours ago
It’s no secret that Polkadot (DOT) and Cardano (ADA) have been crowned as titans in the crypto world for a long time. With their groundbreaking ecosystems and loyal investor bases, these projects have consistently ranked among the best altcoins to buy. But things are shifting, and a new player, FXGuys ($FXG) , is making big moves with a presale success that has made the project impossible to ignore. Raising over $3 million and it’s still in its second stage, FXGuys has quickly positioned itself as one of the trending altcoins that are related to decentralized fìnance. Investors have started to notìce, and for good reason. The question is whether the rise of FXGuys could mean the end of Polkadot and Cardano’s dominance or at least loosen their grip on the market. >>>JOIN FXGUYS HERE Cardano (ADA) Ecosystem Challenges Expose It To Newer Options Cardano is now facing challenges in maintaining its dominance as newer projects gain more ground. Thanks to its impressive method of development, Cardano quickly became positioned as a top blockchain. Despite multìple positive reception, Cardano’s slow rollout of features and upgrades has frustrated many in the crypto community. While competitors are innovating at a rapid pace, Cardano feels like it’s lagging, leaving room for other projects to become trending altcoins. Cardano’s ADA token has also struggled to deliver returns over the past year. While the network’s ecosystem contìnues to grow, the pace hasn’t been fast enough to compete with fast-rising projects that offer more benefìts, risking getting overshadowed by them. Polkadot’s (DOT) Recent Performance Pushes Holders To Alternative Options Polkadot has started showing cracks in its foundation. The network’s ability to connect multiple blockchains through its parachain system made it a key option in the crypto space. As new projects come up with innovative offerings made to fìt the demands of investors, Polkadot’s relevance has come into question. While its parachains remain a unique feature, other platforms now offer similar features with faster deployment and more effìcient processes. The DOT token itself has also been tanking since December last year despite being a top-20 cryptocurrency by market cap. Its price performance in recent months is pushing holders to consider whether it can keep up with stronger competitors. FXGuys ($FXG) Showcases Impressive Potential To Be Among The Best Altcoins To Buy FXGuys is an impressive reimagination of what decentralized fìnance can achieve when paired with new investment solutions. The FX Guys platform delivers innovation with tangible benefìts, startìng with the groundbreaking Trader Funding Program. This feature grants traders up to $500,000 in trading capital, removing the need to risk their own funds and creating a better way to trade without any stress. But FXGuys goes even further. It has a Trade2Earn system that flips the everyday trading model by rewarding users with $FXG tokens for every trade they make—even if it’s a win or a loss. This approach builds wealth for traders, making it one of the best altcoins to buy if you prefer to be highly rewarded for your participation. Then there’s the platform’s staking program, which offers token holders passive income with APY and a share of the platform’s revenue. Combine this with a no-KYC policy, and it’s no surprise that the ongoing presale has raked in millions in such little tìme. Investors still have the opportunity to earn over 150% profìts by the tìme the presale tokens launch, but they have to buy in at the current discount of just $0.04. >>>JOIN FXGUYS HERE Conclusion Projects like Cardano and Polkadot are beginning to feel the heat from newer projects like FXGuys . While these projects face challenges in keeping up, FXGuys has emerged as an alternative with more benefìts for investors. As the presale tokens contìnue to attract millions, the FXGuys is proving that it’s not like every other altcoin—it’s a project that can help you gain fìnancial freedom in no time. To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Could FX Guys’ Presale Success Be the End of Polkadot and Cardano Dominance? appeared first on Times Tabloid .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
TRUMP Memecoin Draws Eyes, But Leaves Crypto Market Without Fresh Investment: Web3 Expert
While the TRUMP token brought considerable attention to the crypto market, it struggled to onboard substantial new capital. That`s the takeaway from the comparative analysis of TRUMP`s market cap versus the total value of the crypto market. The memecoin launched with significant impact last week, reaching a market cap of over $10 billion on its first day, but has since dropped to approximately $5.3 billion at the time of writing. Meanwhile, the total market cap of all cryptocurrencies has fluctuated around $3.5 trillion, according to data from TradingView and CoinDesk. "While $TRUMP is now worth billions, the total crypto market cap has barely moved. And while it`s a really interesting headline to say that 400,000 users were onboarded, Phantom was the number one app for a little bit, and it feels like the whole world was paying attention to this token, I think what we actually did was onboard a lot of attention," Garrison Yang, co-founder of leading international Web3 gaming studio Mirai Labs, said in an email. "When it comes to actual liquidity and the capital that entered the token, very little of it (on a value basis) was from new people. Unfortunately, we ended up moving the hot ball of money around. And you can see this, especially on-chain with alts on Solana, and the amount of liquidity rapidly funneled into the Solana ecosystem," Yang added. Research by Chainalysis last week showed that roughly 50% of TRUMP and MELANIA token holders were likely first-time Solana-based token buyers. TimesTabloid
Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees
Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite Dencun Upgrade According to CoinGecko’s latest report , Ethereum’s fee revenue figure witnessed a 3% increase compared to the $2.41 billion earned in 2023. Despite the Dencun upgrade in March 2024, which lowered Layer 2 transaction costs and a continued shift of users from the main Layer 1 chain to Layer 2 scaling solutions, Ethereum maintained its dominance in fee earnings. CoinGecko found that the fees Ethereum earned fluctuated month by month. In 2023, it generated between $91.22 million and $448.70 million per month, with higher earnings during May’s meme coin frenzy and the market surge at the end of the year. In 2024, this range expanded significantly, with monthly earnings falling between $62.82 million and $606.77 million. Ethereum’s fee revenue reached $1.17 billion in the first quarter of 2024 and constituted nearly half of its annual total. This was the blockchain’s best-performing quarter in two years, owing to a surge in on-chain activity triggered by airdrop initiatives. Bitcoin and BNB Chain Lag Behind Tron became the second highest-earning blockchain and earned $2.15 billion in fees in 2024, a 116.7% rise from $922.08 million the previous year. The growth in Tron’s fees was largely driven by expanding stablecoin usage, with monthly earnings increasing from $38.36 million in January 2023 to $342.54 million in December 2024. Next up was Solana, whose annual fee earnings skyrocketed by 2,838%, jumping from $25.55 million in 2023 to $750.65 million in 2024. It was the most popular blockchain ecosystem of the year, with transaction volumes spiking to the point of network congestion in April 2024. Solana’s monthly fee earnings were steady in 2023 but rose unpredictably in 2024, starting at $15.54 million in January, reaching an all-time high of $197.5 million in November, and settling at $120.95 million in December. On the other hand, Bitcoin’s fee earnings grew by almost 16%, while BNB Chain saw an 8.7% rise, both showing more moderate increases. Bitcoin’s growth has been supported by greater activity from Ordinal NFTs, BRC-20, and Rune tokens, in addition to surging interest in developing on the Bitcoin blockchain. The post Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees appeared first on CryptoPotato . TimesTabloid
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