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Showing posts with the label token

Worldcoin to raise $50m via discounted token sale

The Worldcoin (WLD) cryptocurrency project is reportedly planning to secure up to $50 million via a discounted token sale. The project, co-founded by OpenAI’s Sam Altman, will offer WLD token s at a suggested price of $1, according to BitKe. This presents a significant markdown from the current $2.51. Tools for Humanity, the principal developer firm behind Worldcoin, is overseeing the sale. Discounted token sale In October, Worldcoin faced suspension in Kenya as numerous individuals gathered at various locations to register and undergo eye scans in return for 25 WLD tokens, equivalent to approximately Ksh7,700 ($54.60) at that time.  The project came under scrutiny for allegedly collecting data from locals without proper licensing from authorities. Despite this, the program witnessed participation from over 2.5 million individuals globally. Tools For Humanity (TFH) has initiated discussions with investors to potentially raise additional funds through the sale of WLD tokens....

Badger DAO utility token surges amid Binance Futures launch

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The Badger DAO utility token , BADGER, has skyrocketed in value thanks to cryptocurrency exchange Binance. Badger DAO (BADGER) is a decentralized autonomous organization (DAO) with a single purpose: to create the products and infrastructure needed to accelerate the use of Bitcoin (BTC) as collateral for other blockchains. In 24 hours, BADGER saw an impressive 20.18% increase, rising from $2.8 to $4.61 in the price range. At its peak, the token price reached $5.53. This price increase indicates positive market sentiment following Binance’s announcement. BADGER price | Source: CoinMarketCap The coin’s sharp rise came after Binance announced on Nov. 9 that it would launch the USDS-M BADGER Perpetual Contract. The listing, scheduled for Nov. 9th at 12:30 pm (UTC), has increased interest in BADGER. Traders are now getting to grips with this new trading product and can use maximum leverage of 50x. The cryptocurrency market as a whole is experiencing a new wave of rall...

Can Mushe (XMU) be the catalyst to help crypto veteran Bitcoin (BTC) recover?

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The crypto market has declined over the past month, with many coin veterans such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) suffering huge drops in value. But no currency in crypto has seen a deterioration like Terra (LUNA). It went from being one of the top ten most valuable cryptocurrencies to now being ranked #2785 on CoinMarketCap . Unfortunately, the crypto crash did not end in May and has suddenly occurred yet again. According to reliable sources, Bitcoin has crashed more than 10%, falling below $25,000 for the first time since December 2020.  Despite this, upcoming crypto tokens such as Mushe (XMU) could be a viable alternative for investors who are looking for safer options. This article will explore how Mushe (XUM) could help the crypto market recover, whilst reviewing if Bitcoin (BTC ) can maintain its dominance in the market. Mushe (XMU) - The new DeFi token  Mushe (XMU) is an upcoming decentralised finance (DeFi) token that aims to facilitate gov...