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EigenLayer Ecosystem Flourishes: Justin Sun’s Investment And Luganodes’ Role In Innovation

Justin Sun recently deposited 196,380 $EIGEN tokens, valued at approximately $964,000, into HTX. Since October 1, Sun has consistently claimed and deposited a staggering 9.378 million $EIGEN tokens, worth $37.3 million, with an average acquisition price of $3.979. This substantial activity highlights Sun’s strong belief in the growing potential of the EigenLayer ecosystem. P.S. Justin Sun also deposited 196,380 $EIGEN ($964K) to #HTX an hour ago. Since Oct 1, he has claimed and deposited 9.378M $EIGEN ($37.3M) to HTX at an average price of $3.979. pic.twitter.com/FTunht4BdK — Spot On Chain (@spotonchain) December 16, 2024 As 2024 nears its conclusion, the momentum behind EigenLayer’s innovative restaking platform is increasingly evident. Luganodes, a key contributor to this ecosystem, has been instrumental in supporting a wide range of Active Validator Sets (AVSs). These efforts are driving advancements in blockchain scalability, decentralization, and groundbreaking use cases, ultimately reinforcing the platform’s security and functionality. As 2024 comes to a close, the momentum in the @eigenlayer ecosystem is undeniable. Luganodes takes pride in supporting a diverse array of AVSs, enabling innovation and security within this transformative restaking platform. This year, our contributions have powered AVSs with a… pic.twitter.com/GNtt6V1Os0 — Luganodes (@luganodes) December 16, 2024 Luganodes has actively contributed to empowering AVSs, each representing significant progress in creating a resilient and efficient blockchain infrastructure. These efforts underline the transformative potential of EigenLayer as it continues to redefine how decentralized networks operate and expand. Looking ahead to 2025, Luganodes remains committed to fostering innovation and supporting the next wave of developments within the EigenLayer ecosystem. With restaking poised to unlock new possibilities, the future of decentralized networks promises to be both dynamic and impactful, further solidifying EigenLayer’s position as a trailblazer in blockchain technology. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: kebox/ 123RF // Image Effects by Colorcinch CoinTurk News

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HTX’s Crypto Gem Hunt Report #2: 5 Diversified Cryptos, Top Performer Up 2,900%+

The cryptocurrency market continues to surge, with momentum building across the sector. Last week, the HTX token reached a historic high of $0.000003596, marking a near 350% increase from its August low of $0.0000008. Coinciding with this growth, the leading exchange HTX has released the report of its Crypto Gem Hunt #2, a curated selection of top-performing assets identified by the platform’s research and investment team. Showcasing five cryptocurrencies based on their price performance and sector potential, the report highlights HTX’s strategic understanding of emerging assets and its keen ability to select high-potential projects. Top 5 Performers from HTX’s Crypto Gem Hunt #2 In Phase 2 of the Crypto Gem Hunt, five selected assets delivered exceptional returns after listing on HTX. Key highlights include: ● FARTCOIN (FARTCOIN): An AI meme coin built on the Solana blockchain and crafted by Truth Terminal, FARTCOIN quickly gained traction within its community. Its humorous concept resonated with a wide audience, driving a staggering surge of 2,566.67% on its first day of trading on HTX. Previously featured in Crypto Gem Hunt #1 , FARTCOIN continued its upward trajectory, peaking at $0.48, demonstrating the community’s growing interest in AI meme coin projects. ● ZRC (Zircuit): This Layer 2 token, which utilizes airdrops and community reward strategies, soared 2,900% on its first day of trading. The impressive performance solidified ZRC’s position as one of the phase’s most notable assets. ● MEMEFI (MEMEFI): As a part of the TON ecosystem, MEMEFI recorded a significant 188% price increase, highlighting the potential of this emerging blockchain sector. Other assets, such as BTF (Bitfinity) and L3 (Layer3), also experienced substantial growth, with first-day returns doubling investors’ holdings. Capitalizing on Emerging Sectors The selected assets in this phase span diverse and rapidly evolving sectors: AI Meme Coins: Combining strong community consensus with innovative project designs, this niche is attracting growing attention. BTC Layer 2: Solving the main Bitcoin blockchain’s scalability issues and boosting assets like Runes. TON Ecosystem: With cost-effective, high-performance on-chain solutions, the TON ecosystem is gaining traction among developers and investors. Layer 2: Meeting the demand for scalability and low transaction fees, Layer 2 solutions are becoming a crucial part of the blockchain landscape. HTX’s crypto listings consider both promising sectors and strong community support. Two highly anticipated cryptocurrencies—$MOVE and $ME—also earned spots in this phase of the initiative:.$MOVE focuses on social networking and fitness in the Web3 space, while $ME, native to Magic Eden, a leading multi-chain NFT marketplace, represents a large community of on-chain users. Its innovative reward-sharing model embodies the spirit of community building. Both projects, with their sector potential and future development plans, are considered high-quality assets. HTX was among the first platforms to list $ME, which, along with $MOVE, delivered impressive gains on their first trading day, setting the stage for further growth. A Research-Driven Approach to Uncovering Market Leaders With Phase 2 of the “Crypto Gem Hunt,” HTX has once again demonstrated its ability to identify high-potential assets and capitalize on emerging trends. Guided by a dedicated research and investment team, HTX consistently aligns its listings with market demand and user preferences, offering lucrative opportunities. HTX’s rigorous evaluation process ensures the quality of listed assets. The team closely monitors market trends to uncover promising projects, and provides regular research reports to keep users informed. Looking ahead, HTX plans to continue expanding the Crypto Gem Hunt, identifying even more top-tier assets and refining its asset selection process. By solidifying its position as a premier launchpad for innovative projects, HTX aims to provide users unparalleled access to emerging opportunities. The post HTX’s Crypto Gem Hunt Report #2: 5 Diversified Cryptos, Top Performer Up 2,900%+ first appeared on HTX Square . CoinTurk News