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Sunday, August 4, 2024

All Eyes on Husky Inu’s ($HINU) Presale

All Eyes on Husky Inu’s ($HINU) Presale

Husky Inu ($HINU) has had an incredibly successful presale. Now in its second stage, the first stage of presale sold out in record time. Since going live, the project has generated over $180,000. 

Memecoins had an impressive run in 2024 and, thanks to this, have become a topic of conversation among crypto enthusiasts. The newest member of the Solana network, Husky Inu ($HINU), is generating a stir for its successful presale and potential returns. 

$HINU King of MEMES ๐Ÿ‘‘ pic.twitter.com/UfwarwBh3I

— Husky Inu (@huskyinureal) July 17, 2024

Attention Grabbing Husky Inu ($HINU)

The crypto world is abuzz with new projects emerging daily, vying for investor attention. Memecoins have exploded in 2024 and provide the prime opportunity for any investor looking to diversify their holdings and make substantial returns. Solana-based memecoin Husky Inu ($HINU) is the latest candidate geared for immense growth. 

 Husky Inu and its native token, $HINU, are on a mission to dominate the crypto market with the goal of adding value and utility to its holders. The project is working on creating a robust and supportive community with innovative features and enhanced rewards. 

 

Still in its infancy, Husky Inu ($HINU) has already made its mark in crypto. The memecoin made a strong entrance, positioning itself as a strong contender against traditional and established crypto projects. Husky Inu is working on exciting things, including an Earn App and a Decentralized Exchange.

The Earn App will reward users with $HINU tokens for engaging with the project and completing simple tasks, including liking, sharing and reposting content. At the same time, the DEX will facilitate decentralized trading to improve utility and value for $HINU holders.

 A Hot Ticket Item

Husky Inu stands out from the crowd thanks to some fantastic features. The project is committed to a reliable token ecosystem through a carefully bespoke distribution model and a capped maximum supply. 

The following features set Husky Inu apart from the crowd:

  • Capped Supply: The total supply of $HINU is limited to 100 billion tokens, ensuring scarcity and value retention.
  • Deflationary Mechanism: 50% of all Husky Inu Exchange and DEX platform fees will be used to buy back and burn $HINU tokens to reduce the circulating supply over time.
  • Early Investment Opportunity: The $HINU presale is going well and allows investors to buy $HINU tokens for a modest $0.00001000. 

Buying $HINU tokens is simple; investors should rush over to claim their stake!

Visit the following links for more information on Husky Inu:

Website: Husky Inu Official Website

Twitter: Husky Inu Twitter

Telegram: Husky Inu Telegram

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 



* This article was originally published here

Saturday, August 3, 2024

Solana-Based Lending Protocol Solend Rebrands To Save Finance

Solana-Based Lending Protocol Solend Rebrands To Save Finance
  • Solana-based lending platform Solend rebrands to Save.finance. 

  • The rebranding will be coupled with the expansion of products on the platform.

  • A new stablecoin, liquid staking service and trading platform have launched. 

In new developments in the Solana ecosystem, Solend, a protocol and platform for lending and borrowing crypto assets, has announced its rebranding to Save Finance. The name change will see the platform introduce three new products for users including a stablecoin, a liquid staking token (LST) and an app for shorting memecoins. 

The rebrand to Save Finance follows three years of development on Solend, at a time when the Solana ecosystem is recovering since the FTX debacle, aiming to offer users a better, more efficient and broader decentralized finance (DeFi) ecosystem. Save (formerly Solend) ranks as the 13th largest lending platform in TVL, according to DeFi Llama, following a steady 38% increase in the past month, having peaked at $928 million in November 2021. 

Chart showing the total TVL of Solend (now Save Finance) since 2021 (Image: DeFi Llama)

According to the team statement, the rebranding to Save will “better reflect the project’s position within the DeFi landscape”, allowing it to offer more capabilities and a multi-purpose platform for its users. In addition, the lending protocol will also redesign its interface and enhance its UI/UX to simplify onboarding and make the platform easier to navigate.

Solend launched in 2021 with $6.5M in funding from blockchain VCs including Dragonfly Ventures, Polychain Capital, Race, Coinbase Ventures, and Solana Ventures. 

Save Finance Launches Three New Products

As part of its rebrand, Save Finance will introduce three innovative products – a stablecoin ($SUSD), a liquid staking token ($saveSOL), and an app that allows shorting memecoins (dumpy.fun). The new products aim to cater for the new wave of on-chain users entering the Solana ecosystem while providing more efficiency and utility of their platform. 

$SUSD, a decentralized stablecoin built on Solana, will allow zero-interest borrowing against $SOL. The team is working on the token’s integration with Save Finance, which will allow the stablecoin to grow quickly and safely while increasing how it can be utilized on Solana.

The second product is its liquid staking token, $saveSOL, which provides users with staked SOL tokens with more utility for their staked assets. It incorporates leveraged staking strategies that allow users to earn yield while capturing the upside to holding SOL. Additionally, the liquid staking token is expected to increase utility and unlock liquidity, giving holders more opportunities to gain exposure to SOL staking while earning boosted APYs.

Finally, the rebranding will also launch the first-of-its-kind shorting platform, dumpy.fun, which will allow users to short Solana memecoins, amidst the recent memecoin boom on the blockchain. It aims to provide a fun, user-friendly way for traders to profit from memecoins. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice



* This article was originally published here

Friday, August 2, 2024

New Cryptocurrency Launched for Those Who Missed the Growth of Bonk and Pepe, Currently Priced at Just $0.005

New Cryptocurrency Launched for Those Who Missed the Growth of Bonk and Pepe, Currently Priced at Just $0.005

MoonTaurus (MNTR) has emerged as the latest meme coin sensation, with experts labeling it the best investment for those who missed out on Bonk and Pepe. With its current presale price of $0.005, MoonTaurus offers a promising investment opportunity with significant potential for early investors. It is later set to launch at a price of $0.07, delivering a 14x return for early investors.

As the presale progresses, the demand for MNTR is rapidly increasing, driving a sense of urgency among potential buyers to secure their positions before the price surge.

MoonTaurus (MNTR): A New Opportunity

MoonTaurus stands out in the competitive cryptocurrency market by combining a strategic financial approach with the appeal of meme coins. 

In Phase 1 of its presale, MNTR is now priced at $0.005, giving early adopters a unique opportunity to invest at the lowest possible price. With a $0.07 initial price, individuals who act quickly should expect a significant return on investment.

The availability of MoonTaurus (MNTR) tokens is decreasing daily, attracting many investors. The presale is dynamic, and prices will soar over time. For instance, stage 2 of the presale will see the price jump by 100%. Investors are going crazy, purchasing at a low price of $0.005, hoping to lock in the upcoming price jump.

MoonTaurus's strategic plan highlights the project's dedication to introducing a successful coin, cultivating a strong community, and forming strategic partnerships to help bring it into the mainstream.

MoonTaurus' Features and Growth Prospects

MoonTaurus (MNTR) is dominating crypto Twitter and Reddit with active community engagement. The token's launch includes partnerships with artists, influencers, and digital platforms, enhancing its visibility and appeal. Listings on decentralized exchanges (DEXs) ensure strong liquidity and accessibility, while centralized exchange (CEX) placements broaden their audience reach. This multi-faceted approach ensures that MoonTaurus is not just another fleeting meme coin but a well-planned project with significant growth potential.

The tokenomics of MoonTaurus reflect its strategic approach. With 40% of its total supply allocated to the presale, 30% dedicated to marketing, 20% set aside for exchange liquidity, and 10% reserved for community rewards, MoonTaurus is positioned for sustainable growth and market penetration. This meticulous allocation ensures that MoonTaurus maintains its momentum and continues to attract a growing number of investors.

Market Sentiment and Expert Predictions

Analysts and experts have a very positive outlook for MoonTaurus (MNTR). Conservative price forecasts say the token could soar at least 20x by the end of 2024. One top expert predicted up to 200x returns by the end of the bull run, calling MNTR the next Dogecoin. These predictions come as top insiders who bagged Pepe Coin in its early days flock to the MNTR presale, adding credibility and drawing more interest to the project. The active involvement of these insiders signals strong confidence in the potential of MoonTaurus, further driving the presale momentum.

MoonTaurus (MNTR) offers an exceptional investment opportunity for a presale price of $0.005 in the first stage of its presale. MoonTaurus has a strong roadmap and a favorable market perception that will allow it to develop significantly. For investors hoping to profit from the next great thing in the cryptocurrency industry, MoonTaurus is an alluring option because early investors stand to gain significantly.

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

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

Thursday, August 1, 2024

dYdX Foundation Taps Crypto Marketing Exec Chris Grundy To Ramp Up Community Growth

dYdX Foundation Taps Crypto Marketing Exec Chris Grundy To Ramp Up Community Growth

Source: Depositphotos

The dYdX Foundation is looking for ways to beef up brand awareness and spread the word about the dYdX exchange platform it was founded to support. To that end, it has hired one of the most experienced crypto marketing executives around to head up its PR strategy. 

The man in question is Chris Grundy, who joins the dYdX Foundation from the blockchain intelligence firm Glassnode, where he served as Vice President of Marketing. He has spent almost a decade in the crypto industry, having first stepped into the world of digital assets way back in 2015 when he took on a similar role at Bitbond. During his crypto marketing career, he also led the EU operations of the prominent crypto exchange Coinbase, helping one of the most recognizable brands in crypto expand its presence into new European markets. 

In his new role, Grundy will head up the dYdX Foundation’s global marketing efforts, with his responsibilities extending to crafting and overseeing its brand strategy, managing its communications and engaging with the enthusiastic dYdX community. The Foundation said his appointment is a key milestone, as it represents a significant step in its efforts to grow the dYdX protocol’s ecosystem. 

The dYdX Foundation is the decentralized organization that’s tasked with overseeing, managing and nurturing the dYdX exchange platform, which is notable for being the first decentralized trading venue for crypto perpetuals, also known as derivatives, which are financial instruments that represent digital assets. 

With derivatives, traders have a way to speculate on the future price of the underlying digital asset. It’s similar to futures and options, with the difference being that derivatives do not have expiration dates on their buy and sell options, hence the name “perpetuals”. 

dYdX has grown to become one of the most recognizable DEX trading platforms in crypto, offering sophisticated tools for professional traders, with leverage of up to 25x on most synthetic assets. Having recently launched its very own blockchain in the Cosmos ecosystem, dYdX is keen to take advantage of the superior scalability and customizability its dedicated network provides, in order to expand its user base. That’s precisely why Grundy’s expertise is needed.  

During his tenure at Glassnode, Grundy demonstrated his marketing nous by developing and executing a variety of data-driven campaigns that led to significantly improved user engagement and growth. At Coinbase, he was instrumental in that platform’s international growth and assisted in the launch of various sub-brands. 

dYdX Foundation CEO Charles d’Haussy said he’s thrilled to work with Grundy, adding that his proven track record in marketing innovation makes him the “ideal person” to ramp up its marketing strategy and grow its community. 

Grundy added that he’s equally excited about joining dYdX, which has emerged “at the forefront of innovation in the DeFi space.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice



* This article was originally published here

Monday, July 29, 2024

Decentralized & Permissionless Risk-On Gaming Platform Zeebit To Launch On Solana's Powerful Layer-2 Platform Sonic

Decentralized & Permissionless Risk-On Gaming Platform Zeebit To Launch On Solana's Powerful Layer-2 Platform Sonic

Source: Depositphotos

Today marks a pivotal moment for Zeebit, which has announced the long-awaited launch of what it says is the first fully decentralized "risk-on microgaming platform" on the Solana blockchain. 

Zeebit built its platform on Solana to take advantage of the unique capabilities of the Solana Virtual Machine and Sonic’s infrastructure platform. Sonic is a scalable Layer-2 built atop of Solana to support high-volume dApps, with rapid transactions processed in under a second and ultimately settled on the main Solana chain. 

Zeebit said it's migrating its existing platform from the foundational Solana blockchain to Sonic in a move that will enhance both its performance and its capabilities, while preserving all existing player histories, statistics and points. 

As a decentralized blockchain risk-on gaming platform, Zeebit offers a wealth of games that come with some major advantages over the more common, centralized crypto betting platforms that currently dominate the CasinoFi segment. 

One of the problems with centralized crypto betting apps is the lack of transparency into gaming outcomes, and they also inherit many of the same limitations as traditional betting apps and sportsbooks, such as censorship and account limits, sometimes even going as far as to suspend profitable bettor's accounts. They also carry risk, as centralized platforms maintain control over bettor's funds and can restrict access to their accounts at any time. Those problems are compounded by slow withdrawal and deposit times. 

Zeebit claims its permissionless betting platform is a superior alternative in almost every way, with provably fair and totally random outcomes in all of the games it offers. Each game is powered by transparent smart contract processes and utilizes verifiable random function (VRF) technologies to ensure every outcome is totally fair. Moreover, the permissionless and non-custodial nature of Zeebit eliminates the problems of account restrictions and suspensions, as well as the need for deposit and withdrawals. When user's place a bet, their funds go directly from their own digital wallet to the protocol's smart contract, and the winnings will be immediately deposited straight back into their wallet if their bet pays off. So there's no more requirement for bettors to trust a third-party to hold their funds. 

Other advantages include full anonymity with no tedious and privacy-invading sign up process, and most definitely no KYC anywhere in sight. Zeebit, which says it's committed to responsible gambling, also introduces a unique XP system and novel reward mechanisms for bettors as they gain experience, and it supports dozens of popular cryptocurrency tokens with integrated multichain swap mechanisms. It even plans to offer a revenue-share mechanism, and on-chain governance and NFT launches are also on its future roadmap. 

Zeebit's core contributor Bayzian said the migration to Sonic was made possible by recent advancements to the SVM, enabling it to unlock new gaming experiences. "Zeebit will be among the first game platforms launching on Sonic, offering one of the first opportunities for folks to experience what Sonic has to offer, and participate in growing the Sonic ecosystem," he said. 

The plan is for Zeebit to launch its revamped platform on the Sonic testnet in the "coming weeks", and when it does, it will debut with new and existing games, such as Baccarat, Blackjack, Coin Flip, Crash, Dice, Limbo, Mines, Plinko and Roulette. Later, it will launch on the Sonic mainnet with yet more games, plus incentivized campaigns designed to boost engagement through rewards such as Zeebit Points and Sonic Rings. 

Chris Zhu, CEO of SonicSVM, said he's encouraged to see Zeebit launch on the platform because it's backed by a "highly technical team" that not only understands, but intends to unlock the benefits of Solana's Web3 technologies. 

He added that he's excited to see the Zeebit team realize its vision to build a transparent, fair, and fun gaming suite on Sonic. "They will be a leading example in the Sonic ecosystem utilizing the customized Sonic gaming stack, while being composable with the rest of the Solana ecosystem," he said. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 



* This article was originally published here

Monad Offered Early Investors a $60M Exit — Almost Nobody Took It

As of Aug. 18, 2026, a review of Monad’s official announcements and Coinbase’s MON token-sale disclosure shows no public record of a $60 m...