We’re thrilled to announce that DRV is now available for funding and trading on Kraken! Funding and trading DRV funding and trading is live as of 12:00 AM UTC today, January 15, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken The new token is tradeable on Kraken and Kraken Pro with the following parameters: Asset Pair Price decimal precision Minimum order size Minimum deposit DRV USD, EUR 0.0001 25 25 Note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). DRV is not available in DE . Here’s some more information about these assets: Derive (DRV) is the native token of Derive, a decentralized derivatives exchange. Derive provides access to options, perpetual futures and more recently AI-enabled trading features, enabling users to hedge risks and speculate on different types of crypto assets without relying on traditional intermediaries. The DRV token is used for governance , collateralization, and incentivizing participation in the Derive ecosystem. Ready to trade but don’t have a Kraken account yet? Sign up today ! Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here . The post DRV is now available for funding & trading! appeared first on Kraken Blog .
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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.
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Turn $500 Into $40,000 with These 3 Altcoins Poised for Major Upside in 2025
The post Turn $500 Into $40,000 with These 3 Altcoins Poised for Major Upside in 2025 appeared first on Coinpedia Fintech News The future of cryptocurrency markets appears immensely bright, with certain assets showing the potential for life-transforming returns. Among the highly valuable cryptocurrency assets are Rexas Finance (RXS), Bonk (BONK), and Pepe (PEPE), with a projected investment of $500 likely to return $40,000. Rexas Finance (RXS): Bridging Innovation and Flexibility Rexas Finance is gaining traction in cryptocurrency by adopting an out-of-the-box approach to asset tokenization. This project was launched to enable fractional ownership in tangible assets like real estate and commodities. This provides liquidity and access to markets unavailable solely to institutional investors. Through its presale, Rexas has raised over $36.6 million and sold over 401 million tokens, with absolute buyer confidence underlining the magnitude of its efforts. In stage 11, each token is pegged at $0.175, making it even more attractive for early-stage investors. Among the various reasons Rexas remains competitive is its scope for disruption. The multi-trillion-dollar asset tokenization industry is poised to be tackled by Rexas, proving why the firm expects hyper-growth. Simultaneously, the CertiK audit provides peace of mind regarding the security and integrity of the platform, while the listings on CoinMarketCap and CoinGecko maximize exposure. What propelled RXS further as one of the more forward-thinking projects was community incentives, such as the $1 million giveaway. Standing out as a high-growth investment opportunity, Rexas Finance has the potential to offer a 19x return on investment. Investors looking to maximize their gains should consider comprehensively adding RXS to their portfolios. BONK (Bonk): Meme Coin That Is On the Rise Bonk, often called “the Dogecoin of Solana,” is gaining popularity as a meme coin with high upside potential. It is traded at $0.0000343 and has a market capitalization of $2.61 billion, thereby showing its ability to attract community-based hype and whales. In December 2024, Bonk rose by 94.91% after it was announced that a hedge fund manager had invested around $2.7 million in the coin. This significant price movement shows how BONK can deliver fast profits through market sentiment and smart investments. People expect Bonk’s growth to reach $0.00008 due to its further expansion of popularity among users. With strong roots in the Solana ecosystem and active participants, BONK is well-placed for 2025’s meme coin mania. Compared to more established coins, however, this carries higher risk; yet for investors seeking ways to turn little savings into big earnings, it offers quite generous prospects. Pepe (PEPE): A Meme Coin on the Edge of a Breakout PEPE has positioned itself as one of the best meme coins, trading at $0.000002057 with a market capitalization of $8.65 billion. Pepe’s appeal lies in its connection to memes, leveraged by a dedicated and engaged community. Recent market activities, which forecast 75x price growth for 2025, indicate bullishness. PEPE emerges with much room to grow among meme coins appealing to small-scale investors. Pepe, like Bonk, carries risks due to high volatility but promises huge returns, attracting investors willing to take calculated risks. For diversification purposes, PEPE offers an exciting opportunity for investors looking to capitalize on this trend in meme coins. Why These Altcoins Are Poised for Major Upside Rexas Finance (RXS): RXS targets a booming market with innovative usage and strong presale performance. Moreover, its potential to appreciate 19 times makes it the most preferred choice for growth-seeking investors. Bonk (BONK): Bonk’s connection to the Solana ecosystem and its ability to generate gains quickly through community-driven hype have positioned it as the top meme coin for 2025. Pepe (PEPE): Pepe’s presence in the more established meme coin market and potential for significant price appreciation make it an attractive option for those willing to take bigger risks. Conclusion: The Path to $40,000 For investors looking to turn $500 into $40,000 by 2025, a combination of Rexas Finance, Bonk, and Pepe offers a balanced play among innovation, buzz, and growth opportunities. Rexas Finance provides stable use-case strength and early-stage growth promise, while Bonk and Pepe use popular culture memes to deliver quick but substantial returns. Diversification and thorough research, however, are important factors to guide anyone through the constantly evolving crypto market. In this context, buying these three altcoins could be a good idea to achieve significant returns next year. If you want to be part of something transformative like RXS or ride the wave of BONK and PEPE tokens, your future bank account might appreciate it. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Kraken Blog