ZKsync-Powered GRVT’s Highly Anticipated Open Beta Goes Live Today

Singapore, Singapore, August 5th, 2024, Chainwire

Hybrid cryptocurrency exchange GRVT (pronounced “gravity”), ZKsync’s first official Validium ZK Chain, launches its Open Beta Testnet today. After months of anticipation, the 2.5 million waitlisted testers can now experience GRVT’s cutting-edge features.

Blending the strengths of both CEXs and DEXs, GRVT empowers users with self-custody of their assets and offers off-chain order matching combined with on-chain settlements at an impressive 600,000 transactions per second (TPS). This unique model ensures that transactions benefit from the speed of off-chain processes, while all asset settlements remain secure and verifiable on the blockchain.

To celebrate the Open Beta Testnet launch, GRVT offers exclusive rewards to early participants:

• Be among the first 30,000 users to complete KYC verification and win from a pool of 2.4 million $ZK tokens and 600,000 raffle tickets.
• Claim raffle tickets immediately upon verification.
• To claim $ZK tokens, participate on Mainnet Day 1 (more details about Mainnet will be announced later).

“GRVT aims to revolutionize financial markets by integrating blockchain technology and self-custody solutions into both TradFi and DeFi,” said Hong Yea, Co-Founder and CEO of GRVT. “We are thrilled to open our platform to the public. By applying blockchain settlement and trustless risk management to centralized order book infrastructure, GRVT is transforming trading and investment while upholding traditional security controls. I believe this approach, starting with crypto markets, can reshape the entire financial landscape.” 

GRVT’s development is backed by Matter Labs, the creator of ZKsync, along with support from prominent industry partners and investors, including Delphi Ventures, Matrix Partners, Hack VC, ABCDE Capital and so on.

For more information and to join the GRVT community, users can visit grvt.io.

Disclaimer: Cryptocurrencies carry high risks. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our [Risk Disclosure and Disclaimer] in full.

Singapore users: GRVT is not licensed, approved, authorised, designated, recognised, registered or otherwise regulated under any legislation administered by the Monetary Authority of Singapore ("MAS"). As such, users will not have the benefit of any regulatory safeguards imposed by the MAS.

About GRVT

GRVT (pronounced “gravity”) is a hybrid derivatives exchange enabling off-chain order matching and on-chain settlements at 600,000 TPS. Founded in 2022 and backed by Matter Labs, GRVT is ZKsync’s first official Validium ZK Chain. Our mission is to democratize the financial market with secure, self-custodial solutions, providing a safe, efficient and simple trading environment for everyone.

GRVT official website: https://grvt.io/ 

For media inquiries, users can contact: press@grvt.io 

Social and Community: X | LinkedIn | Telegram | Discord

ContactReed LiGRVTpress@grvt.io

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

* This article was originally published here

PEPE Price Stagnates, Experts Advise Shifting Investments to This Emerging Coin Poised to Skyrocket to $1 in Q4 2024

The cryptocurrency market is facing fluctuations as PEPE price stagnates, struggling to reclaim its uptrend and hovering above critical support levels. The meme coin market, known for its volatility, has seen a rise in selling sentiment, especially among short-term holders of PEPE, leading to concerns about its recovery. Amidst this uncertainty, a new coin, MoonTaurus (MNTR), is capturing investor attention with its promising presale performance and strong future prospects. Experts suggest that investors might find better opportunities by shifting their focus to MoonTaurus, which is poised to reach $1 by the end of Q4 2024.

PEPE Price Stagnation: Short-Term Holders Pose Risk to Recovery

PEPE price faces mild consolidation and a potential downtrend as investor sentiment remains moderately bearish. This could hinder the meme coin’s chances of recovery, although significant declines may not occur.

Short-term holders (STH), who typically retain their assets for less than a month, dominate 20% of PEPE's circulating supply, a figure that rose from 14% after the mid-July rally. Despite not being alarmingly high, their presence contributes to an overall selling sentiment. Active addresses reveal that over 25% of investors are currently in profit, which is a concern as these investors are prone to selling.

With PEPE trading at $0.00001173, just above its critical support of $0.00001146, its failure to breach $0.00001369 keeps profits limited. If selling pressure increases, PEPE could lose its support, potentially dropping to $0.00001007, making recovery distant.

MoonTaurus (MNTR): The Emerging Coin to Watch

As PEPE struggles, MoonTaurus (MNTR) has become a top alternative for investors. MoonTaurus, currently in the opening phase of its presale, has already raised over $150,000, with the token price at $0.005. MNTR is quickly gaining popularity among investors, owing to the promise of significant returns. The presale is designed to offer significant gains, with the next phase set to see a 100% price increase. The gradual price increase will continue during the presale until the token's launch price of $0.07 is reached. This presale structure ensures that early investors can expect up to 1400% returns even before the token realizes its full market potential.

Market analysts predict a bullish future for MoonTaurus, with expectations of the token reaching $1 by the end of Q4 2024. The project's strong fundamentals, strategic presale, and planned listings on both decentralized and centralized exchanges contribute to this optimistic outlook. MoonTaurus aims to achieve a $1 billion market cap, positioning it among meme coin leaders.

MoonTaurus has a capped supply of 3 billion tokens, with a strategic distribution plan—40% for presale investors, 30% for marketing, 20% for exchange liquidity, and 10% for community rewards. The marketing campaign includes partnerships with artists, digital content platforms, and top market influencers to ensure widespread visibility for the meme coin.

The MoonTaurus team is running a $100,000 giveaway to engage the community, where 10 lucky participants will be rewarded for completing simple tasks, including following the meme coin’s accounts on social media. This fosters loyalty and excitement, enhancing community involvement. The roadmap includes further reward programs, exclusive community perks, and engaging experiences to ensure sustained interest and support.

As PEPE struggles with a stagnant price and potential selling pressure from short-term holders, investors are advised to consider shifting their focus to MoonTaurus (MNTR). With a well-structured presale, promising returns, and strong community support, MoonTaurus is positioned to offer significant growth potential. The coin's limited supply and strategic market approach further enhance its appeal. 

Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

* This article was originally published here

Dogecoin (DOGE) Set to Grow 9% in Q4 as MoonTaurus (MNTR) Prepares for Stage 2 with a 100% Price Increase

As we move into the final quarter of 2024, Dogecoin (DOGE) continues to capture the interest of cryptocurrency enthusiasts and investors alike. Known for its initial surge driven by internet culture and celebrity endorsements, Dogecoin has demonstrated steady growth throughout the year. Analysts predict a 9% increase for DOGE in Q4, fueled by its expanding adoption and ongoing market momentum.

However, while Dogecoin's growth is notable, another emerging token is gaining significant traction. MoonTaurus (MNTR) is making headlines as it gears up for Stage 2 of its presale, with an 100% price increase on the horizon. Currently priced at $0.005, MoonTaurus is poised to advance to Stage 2, where the price will surge to $0.01. This upcoming phase is not just a price adjustment but a strong indicator of the token's growing potential. With its innovative approach, enthusiastic community, and strategic development plans, MoonTaurus is set to capture attention and outpace established players like Dogecoin in the near future.

MoonTaurus (MNTR)

During its initial presale phase, MoonTaurus raised $150,000 in just 72 hours, showcasing strong community support and growing investor interest. As the token moves towards its next phase, it is projected to offer a significant 1400% return by the time of its launch, with the launch price set at $0.07.

The token’s starting price in the first stage is $0.005, and it’s approaching the second stage, where the price will increase by 100%. Don't miss the chance to invest now and see a significant increase in your investments.

Interest in MoonTaurus is drawing attention away from other memecoins like Pepe (PEPE), as investors look for new opportunities with higher growth potential. Cryptocurrency analysts expect MoonTaurus to see substantial price gains even after its launch, due to its innovative features and strong presale performance.

The MoonTaurus team aims to reach a $1 billion market capitalization by the end of the year. Achieving this goal would demonstrate strong market confidence and potential for further price growth, making the token an appealing option for investors.

In addition to its impressive presale success, MoonTaurus benefits from a strategic allocation of its 3 billion tokens. The allocation is as follows:

• Presale: 40% (1.2 billion tokens) 

• Marketing: 30% (900 million tokens)

• Exchange Liquidity: 20% (600 million tokens)

• Community Rewards: 10% (300 million tokens) 

Furthermore, MoonTaurus’s scarcity model boosts its potential value. With a capped supply of 3 billion tokens, the limited number creates an environment where demand can exceed availability, pushing up the token’s price over time. As more investors buy MoonTaurus tokens, the reduced supply is likely to drive future price increases.

To further engage the community and attract new investors, MoonTaurus is currently hosting a $100,000 giveaway. This promotion will reward ten winners, adding excitement around the token and providing early supporters with additional incentives. Interested individuals can participate by following MoonTaurus on its official social media channels for detailed entry instructions.

MoonTaurus is rapidly establishing itself as a significant player in the cryptocurrency market. With its impressive presale performance, strategic plans for future growth, and built-in scarcity, the token is well-positioned for substantial appreciation. As the team works towards a $1 billion market cap and the giveaway adds buzz to the project, MoonTaurus presents a compelling opportunity for investors looking to capitalize on the next big success in the crypto space.

Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

* This article was originally published here

Newly Launched Shiba Inu (SHIB) Alternative Targets 25x Growth in Q4 2024

Shiba Inu (SHIB) has set a remarkable precedent in the world of memecoins, capturing the imagination of investors and achieving impressive gains since its debut. Its success story is a testament to the explosive potential of well-positioned memecoins in the cryptocurrency market. A new contender has emerged, poised to capitalize on this momentum: MoonTaurus (MNTR).

MoonTaurus, a newly launched alternative to Shiba Inu, is targeting an ambitious 25x growth by Q4 2024. With its innovative approach and strategic positioning, MoonTaurus is designed to build on the success of its predecessors, leveraging built-in scarcity and a highly engaged community to drive its meteoric rise. As the market anticipates this potential surge, MoonTaurus stands out as a prime opportunity for investors looking to be at the forefront of the next big memecoin revolution.

MoonTaurus (MNTR) 

Currently in its presale phase, MoonTaurus offers a rare opportunity for early investors to get in before the official launch. Priced at just $0.005 in the first presale stage, MNTR is set to increase by 1300%, with a projected launch price of $0.07. This early-stage pricing provides a significant investment chance, especially given the token’s strong initial traction. The team raised $150,000 within just 24 hours of the presale's start, highlighting strong investor interest and confidence in the token's future.

MoonTaurus’s growth potential is enhanced by its strategic scarcity model, with a total supply capped at 3 billion tokens. This limited supply is expected to drive up demand as more investors look to acquire MNTR. The finite supply combined with growing interest is projected to push the token’s value higher over time, reflecting the balance between scarcity and demand.

Crypto analysts predict an impressive 25x growth for MoonTaurus by Q4 2024. This forecast is based on the token’s built-in scarcity, strategic market positioning, and strong early support. Such potential for dramatic growth underscores MoonTaurus’s promise as a high-growth investment, surpassing the success of previous memecoins like Shiba Inu.

The MoonTaurus team is also targeting significant milestones, including listings on top-tier centralized exchanges. This move is designed to enhance liquidity, visibility, and credibility, making MNTR a more attractive option for a broader investor base and supporting its long-term growth trajectory.

Here’s the token allocation for MoonTaurus (MNTR), out of a total supply of 3 billion tokens:

• Presale: 40% (1.2 billion tokens)

• Marketing: 30% (900 million tokens)

• Exchange Liquidity: 20% (600 million tokens)

• Community Rewards: 10% (300 million tokens)

The allocation of 30% of MoonTaurus's total supply—900 million tokens—to marketing is a strategic move designed to drive future price growth. This substantial marketing budget will be utilized for targeted campaigns, partnerships with influential figures, and promotional activities aimed at boosting the token’s visibility. By investing heavily in marketing, MoonTaurus aims to build a strong brand presence, attract a larger investor base, and generate heightened interest in the token. Increased visibility and engagement are expected to lead to greater demand, which, combined with the token’s inherent scarcity, will contribute to upward pressure on its price over time.

To further engage and reward its community, MoonTaurus is hosting a $100,000 giveaway. This initiative aims to distribute rewards among ten lucky winners, fostering excitement and participation. To enter, follow MoonTaurus on its official social media channels, such as Twitter, Telegram, and Discord, and visit the MoonTaurus website for full details and entry instructions.

MoonTaurus (MNTR) is emerging as a standout opportunity in the cryptocurrency market, with its strategic scarcity model, ambitious growth targets, and strong early support setting the stage for significant returns. With a projected 25x growth by Q4 2024, MNTR offers a compelling investment opportunity for those seeking the next big success story in the memecoin sector. 

Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

 

* This article was originally published here

The New Cryptocurrency MoonTaurus, Currently At $0.005, Has Reached 50% Of Stage 1 Of The Presale Just Days After Launching

MoonTaurus (MNTR) has taken the cryptocurrency community by surprise with its quick presale growth. The new memecoin has raised over $150,000 in the few days since its launch, soaring to 50% completion of its first presale round. This token's quick adoption demonstrates its great market appeal and paves the way for possible future profits.

MoonTaurus: Remarkable Presale Progress

MoonTaurus (MNTR) is trending in the crypto market this week with its outstanding presale progress. The coin has quickly reached 50% of its opening presale stage just days after launch, indicating significant investor interest. The early fundraising success is indicative of growing confidence in MoonTaurus's ability to generate significant returns.

Currently, MNTR is available for $0.005 per token in Phase 1. However, the price will increase by 100% as the presale progresses, setting the next phase at $0.01. This pricing strategy ensures that early investors stand to gain when the token officially launches at $0.07. This launch price guarantees a 1400% return on investment for those who secure tokens now, making MNTR a favorite among investors looking for outsized returns in 2024.

The Growing Appeal of MoonTaurus

The rapid pace at which MoonTaurus has reached its presale goals suggests that investors quickly recognise its potential. MoonTaurus has also piqued the interest of seasoned investors, including insiders and whales from top meme coins like Shiba Inu, who are now accumulating MNTR.

MoonTaurus's presale is structured to create a sense of urgency and exclusivity. With a total supply of 3 billion tokens, the project has carefully managed its release to ensure scarcity and drive up demand. The limited availability of tokens coupled with the strong early interest indicates a strong belief in the meme coin’s future value.

After the presale, MoonTaurus will launch on both decentralized and centralized exchanges. These listings will support the token's price appreciation and increase its liquidity and market awareness. Listings on centralized exchanges (CEX) will offer more trading volume and wider exposure. Decentralized exchange (DEX) listings, on the other hand, will provide accessibility to a crypto native audience.

Crypto analysts predict that MoonTaurus's price could soar to over $1 by the end of 2024. The predictions are based on the meme coin’s strong presale performance and the expected exchange listings.

Community Engagement and Investment Potential

In addition to its presale success, MoonTaurus has a strong community engagement strategy. The project has launched a $100,000 giveaway to attract and reward its supporters. Participants can enter by following MoonTaurus on social media platforms and joining its community channels. This giveaway expands MoonTaurus’s reach and enhances its engagement with investors.

Interest from early Shiba Inu investors in the MoonTaurus presale adds a layer of credibility. It highlights the token's growing appeal among those with a track record of identifying successful projects. It also emphasizes MoonTaurus' potential, demonstrating that it is on track to become a leading meme coin in the 2024-2025 bull run.

MoonTaurus has crossed the 50% mark in the first phase of its presale and continues to be a favorite among investors looking for high returns this bull cycle. The asset has quickly established itself as a meme coin to watch. The current presale price of $0.005 and launch price of $0.07 ensure that early investors reap at least 14x returns. Furthermore, the token is expected to skyrocket after launch, thanks to scheduled exchange listings and a strong community engagement strategy. 

Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

 

* This article was originally published here

Does it make sense to wait for Dogecoin to make a move? Experts suggest capitalizing on the guaranteed 1300% return from MoonTaurus

The eighth-largest cryptocurrency by market value, Dogecoin, has been facing serious difficulties in the past few weeks. A death cross has now appeared on its daily charts, suggesting that there may be negative momentum when the 50-day moving average dips below the 200-day moving average. 

This negative indicator sparks concerns over Dogecoin's near future. It has also led many investors to look into other options, like MoonTaurus (MNTR), a new meme coin that promises a guaranteed 1300% return during its presale.

Dogecoin: Mixed Signals Amid Market Uncertainty

Uncertainty is plaguing Dogecoin, the eighth-largest cryptocurrency by market capitalization. On its daily charts, recent technical analysis shows a death cross, which often denotes negative momentum. This indicates possible price decreases when a short-term moving average dips below a long-term moving average.

Dogecoin's price has just increased by 3.03% to $0.132; however, the conflicting indications on its charts point to caution. The opposing trends—bearish on the one hand and bullish on the other—highlight how erratic Dogecoin's success has been.

MoonTaurus (MNTR): A Clear Investment Opportunity

MoonTaurus (MNTR) is a recently launched meme coin that offers a guaranteed 1300% return by the end of its presale. This comes as the token gradually soars from $0.005 to $0.07 by the end of this period. 

The presale is progressing through multiple stages, each with limited token availability and increasing prices. The first phase of the presale has seen record demand, raising over $100,000 within hours of its launch. Investors who join now can benefit from the current presale price, with the next phase set to double the cost to $0.01.

MoonTaurus features a finite supply of 3 billion tokens, with different allocations dedicated to various aspects of the project. 40% of the total supply is reserved for presale investors, while 30% is earmarked for marketing efforts to boost visibility. Another 20% is set aside for liquidity on exchanges, ensuring smooth trading and minimizing price volatility. The remaining 10% will reward active community members.

This strategic allocation, along with upcoming exchange listings, positions MoonTaurus for significant growth during the 2024 bull run.  Analysts forecast that MNTR could surge well beyond its presale price, with predictions suggesting a potential 50x increase after launch.

The Appeal of MoonTaurus

MoonTaurus' quick presale success demonstrates the project's potential. In addition, the team has shown a commitment to long-term growth, targeting a $1 billion market cap and top-tier exchange listings. Furthermore, the ongoing $100,000 giveaway increases community involvement and project awareness.

Investors are already flocking to MoonTaurus, with giant whales from previous successful meme coins like Shiba Inu participating in the presale. This trend reinforces the project's credibility and attractiveness in the crypto market.

With Dogecoin's technical indicators offering mixed signals, MoonTaurus is a compelling investment opportunity. The significant returns promised by the ongoing presale, combined with the project’s strategic approach to growth and community engagement, make MoonTaurus an appealing choice for investors seeking substantial gains. As the presale progresses and the next phase approaches, the window for securing tokens at the current price is closing, necessitating quick action. 

Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

 

* This article was originally published here

Memecoin Trading for Beginners (The ULTIMATE In-Depth Guide)

* This article was originally published here