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Expect a Strong Move Up for One BNB Chain Ecosystem Altcoin, According to Economist Alex Krüger

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A popular economist believes that one altcoin project supported by the BNB Chain ecosystem is setting the stage for a massive breakout. In a new X post to his 215,200 followers, Alex Krüger says that Plasma (XPL) is likely to have an explosive move to the upside once the token forms a local bottom. Plasma is a proof-of-stake (PoS) layer-1 project optimized for large-scale stablecoin payments and compatible with Ethereum (ETH). “Seeing widespread FUD (fear, uncertainty and doubt) around Plasma following its two-day ~40% price correction. Dump is driven by profit taking from unlocked ICO (initial coin offering) participants (non-US participants were unlocked) who are/were up about 20x-30x in under four months, in size. Abnormally high funding can be indicative of spot selling. Expect a strong move up as soon as indiscriminate spot selling subsides, whenever that may be.” Source: Alex Krüger/X Popular analyst Altcoin Sherpa is also predicting an XPL bo...
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Simon’s Cat Price Prediction: CAT Leaps 18% As Pepe Unchained Rockets Past $13 Million In Presale

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The Simon’s Cat price surged 18% in the last 24 hours to trade at $0.00003295 as of 4.30 a.m. EST on trading volume that dropped 1% to $132.4 million. The popular meme coin has seen a strong price performance, partially thanks to a new perpetual listing announced by HTX, which issued a CAT/USDT pair with up to 50x for long and short trades. MEOW, New Perpetual Listing! 😺#HTX adds $CAT/ $USDT perpetual futures with up to 50x for long & short trades. 🚀@SimonsCatMeme Details: https://t.co/VJMCDU1vqI pic.twitter.com/1mdwbR0bxw — HTX (@HTX_Global) September 13, 2024 Another big development from the project was announced two days ago by Binance’s BNB Chain, which said on X that Simon’s Cat became the latest winner from the second phase of BNB Chain’s Meme Liquidity Support Program. We're excited to announce the latest winner from the second phase of our Meme Liqudity Support Program! 🏆 The winner is: @SimonsCatMeme Here's ...
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Over 30% of blockchain games are now abandoned, data shows

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Out of more than 1,300 blockchain games that have been announced since 2021, over 400 are now discontinued or canned. According to data compiled by BlockchainGamer.biz, out of a total of 1,318 blockchain-based games that have been in circulation since 2021, approximately 407, or over 30%, are currently designated as either discontinued or abandoned. As of the latest update in January, the media outlet’s list comprises 911 blockchain-based games, with 334 actively live and 577 in various stages of development. The primary reasons cited for the cancellation of blockchain -based games were mainly tied to funding challenges and evolving market conditions. However, a majority of the discontinued projects were also characterized as smaller initiatives led by less experienced and under-capitalized teams. Moreover, in most instances, developers chose not to make any formal announcements at all and simply ceased operations without prior notice, the report notes. Abandoned block...
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