16 hours ago
An emerging cryptocurrency is gearing up for a remarkable surge, hinting at significant shifts in the digital asset arena. As established tokens grapple with changing trends, attention is turning to this new contender. The developments ahead could alter market perceptions and ignite fresh interest among investors and enthusiasts. DOGEN: The Ultimate Memetoken for Real Alphas Who Always Win Imagine living a dream life — posh cars, fat stacks of cash, and women who turn heads. That’s the DOGEN lifestyle ! If you’re the kind of guy who’s always looking to level up, you need to check out DOGEN. This meme token is for the real alphas who always win . HODL Like a Beast, Dominate the Market This thing is about to explode! We’re talking about a 700% surge before the presale even wraps up — and that’s just the beginning. DOGEN is heating up to those insane thousand-fold gains that memetokens are famous for this season. Get in early, and watch the others try to keep up while you’re already at the top! Missed Out on WIF, Popcat, or Ponke? DOGEN is the new alpha on the Solana blockchain , running with the big dogs like BONK, WIF, and Popcat — all of which blew up with 1000% gains at some point. Right now, DOGEN’s flying under the radar, but it’s about to set new records in this bull run. You don’t want to miss out on this one. Got that DOGEN spirit? Good, ‘cause they’re holding an airdrop ! All you gotta do is flex on social, stack tokens during the presale, and start building your DOGEN army with your referral link. For every recruit, you’ll be snatching a fat 20% of their Golden Points from token buys. So what are you waiting for? Grab some DOGEN and dominate the crypto world! Floki: From Meme Coin to Utility Token with Real-World Applications Floki, inspired by Elon Musk’s June 2021 tweet about naming his Shiba Inu “Floki,” began as Floki Inu coin but has evolved beyond a meme coin. It provides utility and charity, such as building schools in countries like Laos and Nigeria. Recognized by The Economic Times as a top meme coin to buy in 2023, Floki has projects like the NFT metaverse game Valhalla and DeFi service FlokiFi. Its partnership with NOWPayments and the Floki Card allow tokens to be used for real-world transactions. This diversification into NFTs, DeFi, and real-world use differentiates FLOKI from other meme coins. The coin may appear attractive in the current market cycle due to its expanding utility. Shiba Inu (SHIB): An Ethereum-Based Memecoin with Growing Utility Shiba Inu (SHIB) is a cryptocurrency launched in August 2020 by an anonymous developer named Ryoshi. Inspired by Dogecoin, SHIB operates on the Ethereum blockchain, enhancing its compatibility within Ethereum’s ecosystem. The coin started with a total supply of 1 quadrillion tokens, half of which were sent to Ethereum co-founder Vitalik Buterin. Buterin donated a significant portion to the India Covid Crypto Relief Fund and “burned” 40% of the total supply, reducing circulation. Unlike Dogecoin, SHIB aims for broader utility by developing platforms like ShibaSwap, a decentralized exchange, and plans for a future NFT platform and governance system. Its integration with Ethereum allows for potential growth in decentralized applications. Conclusion While FLOKI and SHIB show shifting patterns and may have less short-term potential, DOGEN emerges as a standout. Designed for those seeking luxury and success, DOGEN anticipates 700% growth by presale’s end, with potential for massive returns. Following successful tokens like BONK, DOGEN builds a community of market leaders, offering real benefits and exclusive perks for early adopters. Site: https://dogen.meme/ Twitter: https://x.com/dogenmeme Telegram: https://t.me/Dogen_Portal 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 .
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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.
Here’s what’s happening with Rumble (RUM) stock this week
Rumble Inc. (NASDAQ: RUM ), a video-sharing platform, made headlines this week as its stock surged over 100% on December 23, reaching $14.30. The rally comes on the back of a $775 million investment announcement from Tether, the issuer of the leading stablecoin USDT , marking Rumble’s highest close since September 2022. As of press time, Rumble’s stock is trading at $13.30, reflecting a five-day gain of 63%. On a year-to-date basis, the stock has surged an impressive 206%, reflecting heightened investor interest. Rumble year-to-date price chart. Source: Finbold Tether’s $775 million investment on Rumble The announcement revealed that Tether has agreed to purchase approximately 103.3 million shares of Rumble’s Class A Common Stock at $7.50 per share. This transaction will generate gross proceeds of $775 million, significantly strengthening Rumble’s financial position, which already benefits from holding more cash than debt. Rumble has outlined a clear plan for utilizing the funds. Of the total, $250 million will support growth initiatives aimed at enhancing platform engagement and monetization, while $525 million will finance a self-tender offer to repurchase up to 70 million shares of Class A Common Stock at the same $7.50 price offered to Tether. This tender offer is designed to provide liquidity to stockholders and reinforce shareholder value. “I truly believe Tether is the perfect partner that can put a rocket pack on the back of Rumble as we prepare for our next phase of growth.”- Chris Pavlovski, Rumble’s Chairman and CEO, Interestingly, this agreement comes shortly after Rumble’s board approved allocating a portion of its cash reserves to Bitcoin ( BTC ), with plans to purchase up to $20 million in the cryptocurrency. Revenue growth and user metrics The recent surge in Rumble’s stock price has brought renewed attention to the company, which competes with major players like YouTube and Odysee. Rumble’s revenue has shown consistent growth, with the company reporting $25.06 million for the quarter ending September 30, 2024, a 39.34% year-over-year increase. Over the past 12 months, Rumble’s revenue climbed to $85.65 million, up 6.36% compared to the prior year. The platform’s global monthly active users (MAUs) have also increased , rising to an average of 67 million in Q3 2024 from 53 million in Q2 2024. However, the average revenue per user (ARPU) dropped to $0.33 in Q3 from $0.37 in the previous quarter, indicating room for improvement in monetization. Analyst views and valuation concerns Despite the excitement surrounding Tether’s investment, questions remain about Rumble’s valuation and growth prospects. Oppenheimer analyst Jason Helfstein notes that while the $775 million equity investment strengthens Rumble’s balance sheet and alleviates liquidity concerns, the valuation appears ahead of its current advertising and subscription revenue performance. Analysts, including Wedbush’s Scott Devitt, have revised their outlook on Rumble, raising the price target from $8 to $10 but maintaining a neutral stance on the stock. While Tether’s $775 million investment is a major vote of confidence in Rumble’s potential, the company’s ability to sustain this momentum and deliver on its growth plans will be closely watched by investors. Featured image from Shutterstock. The post Here’s what’s happening with Rumble (RUM) stock this week appeared first on Finbold . NullTx
Market Dynamics Influence Bitcoin’s Year-End Performance
The Bitcoin market disappoints with a lackluster year-end rally. MicroStrategy continues to buy Bitcoin, raising questions about its acquisition strategy. Continue Reading: Market Dynamics Influence Bitcoin’s Year-End Performance The post Market Dynamics Influence Bitcoin’s Year-End Performance appeared first on COINTURK NEWS . NullTx
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$20 billion wiped from XRP in a week
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