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Showing posts with the label tokens

Beware: Ripple to unlock 1 billion XRP tokens for July sell-offs

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Ripple, the company behind the XRP Ledger (XRP) development, will unlock 1 billion tokens on July 1, worth $470 million. This is part of Ripple’s monthly sell-offs, which could negatively impact the XRP price in the following weeks. Historically, Ripple has been unlocking 1 billion tokens through escrows, finalized on the first day of every month, since 2017. According to XRPScan , the company has been using ‘Ripple (24)‘ and ‘Ripple (25)‘to manage the escrows since May 2024. The wallets currently hold the 1 billion XRP monthly unlock escrows until January 2025. In particular, Ripple (24) will unlock 500 million XRP in two escrows of 100 million and 400 million tokens , while Ripple (25) will unlock a single escrow of 500 million tokens on July 1. Picks for you Buy signal for two strong cryptocurrencies this week ...

TokenFi and ONDO soar amid bullish predictions for RWA tokens

SEC’s approval of spot Ethereum ETFs could ignite the real-world assets (RWA) market. Analysts say this outlook will push ONDO and TOKEN prices higher? Bitbot token is emerging a top target for Telegram bot traders. TokenFi (TOKEN) price rose 10% to reach $0.13 while Ondo (ONDO) surged more than 13% to hit a new all-time high of $1.15. Key to the positivity around these two tokens is anticipation around a new growth trajectory in the real-world asset (RWA) market.   Also on analysts’ lists of bullish sectors is the Telegram trading app ecosystem. New project Bitbot (BITBOT) is showing remarkable presale performance to suggest it could be one to watch. Here’s the price outlook for these three tokens. TokenFi and Ondo could be biggest winners of ETH ETF approval On Friday, technical analyst Shelby aka Crypto Newton, pointed out that one of the biggest winners following the Ethereum ETF s approval could be the real-world assets (R...

Is BlackRock investing in RWA tokens? Here’s what we know

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The world’s largest institutional investor by assets under management (AUM), BlackRock Inc. (NYSE: BLK), has recently moved to create a tokenization fund allegedly focused on real-world assets (RWA).  This new endeavor is part of BlackRock’s dive into the cryptocurrency industry, already covering different branches. Notably, the company manages over $9.10 trillion worth of assets, a part of which is being directed to cryptocurrencies. Now, cryptocurrency investors have started to speculate if the finance titan is already investing in their favorite tokens . However, much of this speculation comes from a landscape full of biases and inconclusive evidence, requiring a lot of caution. Picks for you This Solana meme coin just hit its all-time high 1 hour ago Robert Kiyosaki's Solana tip: How it made investors 80% richer 3 hours ago Sell signal for 2 overbought cryptocurrencies in April 18 hours ago Short squeeze alert for April: BTC and ETH with potentia...

Social capital: A revolution in measuring community power on social media

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A comprehensive analysis of how community engagement and trust shape the landscape of social media influence. As social media platforms continue to dominate people’s daily lives, the power of influencers and their ability to sway public opinion has become a highly valuable asset. But how does one accurately measure this power? Is it based solely on the number of followers or likes an influencer has? In this article, we'll explore the limitations of evaluating community power based on followers and engagements alone and examine an alternative metric called Social Capital. Problem of the decade and recent trends For years, marketers have relied on metrics like followers, likes, and comments to gauge the impact of an influencer's content. However, these metrics only tell part of the story. A large number of followers doesn't necessarily equate to a highly engaged or influential audience, and high levels of engagement can often be artificially inflated through paid promotions ...