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The Official TRUMP Meme Coin: What It Is, How to Buy, and Airdrop Events

The cryptocurrency world has seen countless meme coins come and go, but few have had the impact or the publicity of the Official TRUMP Meme Coin. Launched by the 45th President of the United States, Donald Trump, the coin has captured the attention of both crypto enthusiasts and political supporters alike. Let’s dive into what the TRUMP meme coin is, how to buy it on Bitget, and the exciting airdrop event surrounding it. Key Takeaways ● The Official Trump Meme Coin (TRUMP) was launched to celebrate Donald Trump’s presidential victory and upcoming inauguration, gaining significant attention and reaching a market cap of $11.7 billion within three days. ● Built on the Solana blockchain, TRUMP offers fast transactions and low fees, with an initial supply of 200 million tokens set to increase to 1 billion over three years, but 80% is controlled by Trump-affiliated entities. ● Early supporters were rewarded with an airdrop, and those who purchased Trump-branded merchandise were also eligible for free tokens. ● While TRUMP has gained momentum, its future depends on political events, public sentiment, and its community's engagement, with risks inherent in the volatility of meme coins. What is the Official Trump (TRUMP) Meme coin? The Official Trump Meme (TRUMP) is a meme coin created by Donald Trump to celebrate his presidential election victory and upcoming inauguration for a second term. Despite its lighthearted branding, the TRUMP token has proven to be a serious contender in the crypto world, boasting a market capitalization of $11.7 billion within just three days of its launch. The coin is built on the Solana blockchain, a popular platform known for its fast transactions and low fees. The coin's launch was heavily publicized through Donald Trump’s official social media accounts, including Truth Social and X (formerly Twitter). Trump’s announcement read: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.” This was followed by promotions offering rewards such as an airdrop for the first 2,500 participants. While the project has drawn significant attention and achieved rapid market gains, reactions have been mixed. Supporters view it as a bold move to energize Trump’s base, while critics question its ethical implications and long-term viability. Buy TRUMP now with a Credit/ Debit Card or Crypto! Who created the Official Trump Meme Coin ($TRUMP)? The TRUMP Meme Coin was partly coordinated by CIC Digital LLC, a company affiliated with Trump’s business empire, The Trump Organization. Another key player behind the coin is Fight Fight Fight LLC, a Delaware-based company established earlier this month. Both entities hold 80% of the token’s total supply, giving them significant control over the coin's future direction. While the exact identities of the developers behind TRUMP remain unclear, it is evident that the project benefits from Trump’s massive global following and the branding power of his name. The coin’s website uses imagery and slogans associated with Trump’s political career, such as references to his resilience following an attempted assassination and his iconic rallying cries like “WINNING.” How The Official Trump Meme ($TRUMP) Works The TRUMP Meme Coin was launched with an initial supply of 200 million tokens, which will expand to 1 billion tokens over the next three years. This gradual increase in supply is designed to ensure liquidity while maintaining scarcity, a factor that often drives up the value of cryptocurrencies. One unique feature of TRUMP is its meme-based appeal. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are often used for financial transactions or building decentralized applications, meme coins rely heavily on social media buzz and community engagement. In the case of TRUMP, the coin has gained momentum through its association with Donald Trump’s larger-than-life persona and his promise to make America the “crypto capital of the planet.” The coin’s website explicitly states that TRUMP is not intended as an investment opportunity or a security. Instead, it positions itself as a “fun and celebratory token” that reflects Trump’s vision for the future of cryptocurrency. However, the token’s soaring price and trading volume—reaching $52.5 billion in 24 hours—suggest that many investors see significant financial potential in this new digital asset. Adding to the excitement is the launch of a separate cryptocurrency by Melania Trump, called MELANIA, which has also gained traction in the market. Together, the two tokens have created a family-driven crypto phenomenon that has captured the public’s imagination. While the TRUMP Meme Coin has generated significant excitement, it also raises important ethical and regulatory questions. Critics argue that public figures like Trump wield enormous influence in speculative markets, which could lead to manipulation or unfair practices. Some analysts worry that the coin’s popularity is driven more by hype than by real-world utility, making it a risky investment for those hoping to profit from its rise. The coin’s ownership structure is another point of concern. With 80% of the tokens held by Trump-affiliated companies, there is a lack of decentralization, which goes against one of the core principles of cryptocurrencies. This concentration of ownership could lead to price manipulation or other issues in the future. The Community Behind TRUMP Coin The community surrounding the TRUMP meme coin plays a vital role in its growth and success. It consists of a mix of Trump supporters and crypto enthusiasts who share a common interest in the coin’s future. This community thrives on social media platforms like Twitter, Reddit, and Telegram, where they engage in discussions, share memes, and even organize events to promote the coin. A strong community can make or break the success of a meme coin, and the TRUMP coin has seen enthusiastic participation from its members. It’s not just about financial gain—many supporters view the coin as a form of political activism, using it to rally behind Trump’s vision for the future. Is $TRUMP Legit? OFFICIAL TRUMP is widely believed to be legitimate, with its launch announced through Donald Trump’s verified social media accounts and backed by entities like CIC Digital LLC, which also managed his previous NFT projects. The project’s infrastructure and tokenomics, including a controlled release schedule, align with its claims of being an official venture. Despite these signs, concerns remain over its centralized ownership, meme coin volatility, and potential regulatory scrutiny. While no evidence suggests Trump’s accounts were compromised, the speculative nature of the project urges investors to proceed with caution and conduct thorough research. TRUMP’s Impact on Cryptocurrency Markets TRUMP’s initial launch was explosive. The price surged rapidly, reaching as high as $75.26 in just a few hours. However, as with most meme coins, the price didn’t stay high for long. It later stabilized around $11.42, showing the typical volatility of meme coins. Along with the TRUMP coin, MELANIA, a separate coin launched by Melania Trump, also joined the crypto market. The introduction of both coins caused a temporary network congestion on the Solana blockchain, though it managed to avoid complete outages. This showed just how much interest there was in these new tokens. Meme coins will always be susceptible to new tokens stealing their thunder, and the rise of TRUMP may have hurt many of the most established names. DOGE fell 6%, SHIB lost 7.5%, PEPE dropped 10.5%, and WIF fell 8%, respectively, when TRUMP hit markets. Bitcoin (BTC) traditionally drives crypto markets but might be along for the ride this time, reaching a new ATH of $109,319.46 on 20 January 2025 before a quick drop after the inauguration. Some speculate that President Trump’s launching of a meme coin proved his interest in crypto, fuelling BTC’s price surge. Others argue that BTC was destined to rise ahead of Trump’s inauguration, and the new meme coins hurt by absorbing capital that otherwise would have gone into Bitcoin. As of March 25 2025, the TRUMP meme coin has settled into a price of $11.42 per token. Although it experienced a meteoric rise shortly after launch, its value has shown typical volatility, common among meme coins. Current Price: $11.42 24-Hour Trading Volume: $613 million Market Capitalization: $2.31 billion Circulating Supply: 200 million tokens This volatility reflects the speculative nature of meme coins. Investors often see the potential for quick profits but should be cautious about the risks involved. The Official Trump (TRUMP) Meme coin Airdrop To generate excitement and reward early supporters, the TRUMP meme coin launched an airdrop campaign. The first 2,500 participants who joined the Trump community were given free tokens, which was a great way for newcomers to get involved without spending money. In addition to this, people who bought Trump-branded merchandise such as digital trading cards, watches, and sneakers before February 15, 2025, were also eligible for the airdrop. The airdrop allowed participants to claim three TRUMP tokens valued at around $50. This initiative was well-received by Trump supporters and crypto fans alike, sparking a surge in the coin’s popularity. You can visit the official TRUMP airdrop page to see more details on how to participate in $TRUMP Airdrop. How to Trade and Buy the Official Trump (TRUMP) Meme coin? If you’re looking to get your hands on TRUMP, Bitget provides an easy and secure platform to buy, sell, and trade this meme coin. Here’s a step-by-step guide on how to buy TRUMP on Bitget’s Spot Market and Futures Market: How to Buy TRUMP on Bitget You can quickly buy TRUMP with a credit/debit card on the Bitget platform. Step 1: Head to the Buy crypto with Credit/ Debit card page; Step 2: Enter the amount and click Buy TRUMP to proceed. Learn more: Guide on how to buy cryptos with credit/debit cards How to Trade TRUMP on Bitget You can also trade OFFICIAL TRUMP (TRUMP) on Bitget Spot and Futures markets. Check out the details below: Trade TRUMP on Bitget Spot Step 1: Go to TRUMP spot trading page; Step 2: Enter the amount and the type of order, then click Buy/Sell. Trade TRUMP today! Trade TRUMP on Bitget Futures For those who want to trade with leverage, Bitget also offers TRUMP trading on its Futures Market. This allows you to take a position on TRUMP’s price movements without owning the token directly. Step 1: If this is the first time you trade Bitget Futures, make sure you transfer funds from your Spot account to your Futures account before proceeding; Step 2: Choose your favorite type of TRUMP coin futures products: Bitget USDT-M or Bitget USDC-M; Step 3: Enter the details to complete your order. Trade TRUMP on Bitget USDT-M and Bitget USDC-M today! Conclusion: What Lies Ahead for $TRUMP? Looking ahead, the TRUMP meme coin’s value will likely continue to be influenced by political events, endorsements from Trump, and the broader sentiment around meme coins in the cryptocurrency market. With its strong community and political backing, it could continue to gain attention and see price fluctuations accordingly. Having a meme coin endorsed by the sitting President of the United States is unprecedented. However, as with all meme coins, its future remains uncertain. Meme coins are highly speculative, and their success is often driven more by hype than actual utility. If you’re ready to take part in this high-risk, high-reward venture, Bitget offers a user-friendly platform to buy and trade $TRUMP! Just remember to approach with caution and always be prepared for the volatility that meme coins bring. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Leveraging Pi Network Communities: A Guide to Earning Referral Bonuses on Bitget

The digital economy continues to evolve, creating new opportunities for community leaders and crypto enthusiasts alike. If you are already managing a great Pi community—why not turn it into a Bitget referral opportunity and earn Pi tokens just like you did from mining before? We are delighted to launch the Pi Network Exclusive Referral campaign - this campaign provides Pi Network community managers with an opportunity to extend their influence while securing substantial referral bonuses—up to $500 worth of Pi tokens! Below is the step-by-step guide to participating in this campaign. Let's get started! Join here! Step 1: Access and Copy Your Bitget Referral Link 1. Log in to your Bitget account and navigate to the Referral section; 2. Click Copy Link or Referral code to share your referral invitation. Step 2: Promote Your Referral Link within the Pi Network Ecosystem 1. Pi Network Chat: Open the Pi app, go to the chat section, and send your Bitget referral link to interested users. 2. Pi Network Telegram Groups: Join Pi-related Telegram groups and share your invitation with a brief explanation of why they should sign up on Bitget. 3. Pi Community Forums: Post on Pi Network Reddit threads, Discord servers, or Pi Forum with a “How to register a Bitget account guide” on signing up for Bitget. Step 3: Assist Users in Completing KYC and Depositing Pi Tokens 1. KYC: Once users have registered via your referral link, it is essential they complete Bitget’s KYC verification process. Only verified users are eligible to deposit Pi tokens and engage in trading activities, which trigger referral bonuses. You can direct them to the Quick Guide to Complete KYC on Bitget Successfully to ensure a smooth verification process. 2. Deposit and trade: For users located within the European Economic Area (EEA), Bitget offers detailed guidelines on depositing Pi tokens securely. You can share the guidelines with them and ensure that they are familiar with these instructions to facilitate their participation in the Pi token marketplace on Bitget. By following these steps —sharing your referral link, guiding users on KYC verification and deposit process—you can generate incentives while contributing to the broader adoption of Pi tokens! Join now!

Memecoin Supercycle: Are We in a Bubble or a Bull Run?

What is the memecoin supercycle, and why is it making waves in the crypto world? Imagine a financial trend fueled by memes, internet buzz, and millions of people rallying around digital jokes turned investments. This is the memecoin supercycle—where cryptocurrencies with no traditional value soar in popularity simply because they go viral. It’s unpredictable, exciting, and for some, incredibly profitable. But is it a revolutionary way to invest, or just another bubble waiting to burst? Let’s break down what’s behind this trend and why it has everyone talking. Register now and explore the wonderful crypto world at Bitget! What Is the Memecoin Supercycle? The memecoin supercycle is a term used to describe a period of rapid and widespread growth in meme-based cryptocurrencies. First introduced by cryptocurrency analyst Murad Mahmudov during the Token2049 conference, the concept highlights how these tokens gain popularity not from technological innovation, but from their ability to capture attention through humor, viral trends, and online communities. Unlike traditional cryptocurrencies, which often derive value from practical uses or technical advancements, memecoins rely heavily on social media buzz and cultural appeal. Their prices can skyrocket as more people join in, drawn by the excitement of being part of a trend or the hope of quick profits. This supercycle reflects a shift in how financial value can be created, blending digital culture with market dynamics. It’s a unique and unpredictable aspect of the cryptocurrency space, driven by the power of community and the influence of the internet. The Bull Run Argument: Why Memecoins Might Be Here to Stay Memecoin Market Cap Last 30 Days Source: CoinMarketCap Supporters of the memecoin supercycle argue that these tokens are more than just temporary trends—they represent a lasting shift in how financial value is created in the digital age. With the daily market capitalization of memecoins reaching an impressive $135 billion as of December 9, 2024, their influence on the cryptocurrency space is undeniable. This growth has been driven by several factors, including strong community engagement, the viral nature of internet culture, and the ability to capture public attention in ways traditional cryptocurrencies cannot. One of the most compelling reasons memecoins might be here to stay is their unique connection to community power and social media influence. Platforms like X (formerly Twitter) and Reddit have proven to be essential in spreading awareness and generating excitement around these tokens. Viral posts and memes often lead to sudden price surges, as seen with several new memecoins in 2024. This level of engagement creates a self-reinforcing cycle, where more people join in, driving prices even higher and ensuring the memecoin trend remains relevant. Additionally, memecoins often thrive during times of increased market liquidity and risk-on behavior. Analysts like Murad Mahmudov have noted that when global financial markets are optimistic, speculative assets like memecoins tend to outperform. This was evident in 2024, as memecoins captured the crypto community’s mindshare. This ability to attract and retain attention, combined with their appeal to younger, internet-savvy investors, suggests that memecoins are carving out a long-term niche in the cryptocurrency ecosystem. The Bubble Perspective: Warning Signs to Watch For While memecoins have captured the attention of the crypto world, skeptics warn that their rapid rise could be a classic financial bubble. These tokens often experience explosive growth not because of strong fundamentals but due to speculation, social media hype, and FOMO (fear of missing out). As exciting as this trend may seem, there are clear warning signs that the memecoin supercycle might not last. One major concern is the extreme volatility and oversaturation of the market. Data from 2024 shows that 97% of memecoins fail after their initial launch, leaving investors with little to no returns. The ease of creating new tokens has flooded the market with projects vying for attention, making it difficult for any single memecoin to maintain long-term value. This constant influx dilutes interest and capital, leading to a cycle where newer tokens replace older ones, often leaving investors holding worthless assets. Another red flag is the reliance on social media and celebrity endorsements to drive value. While this can create quick price spikes, it also makes memecoins highly vulnerable to shifts in public sentiment. A single negative post or loss of interest can lead to dramatic price drops. As market caps grow, sustaining momentum becomes harder, requiring even more capital and attention to keep prices rising. Lastly, regulatory scrutiny adds to the risks. Governments and financial authorities are increasingly wary of memecoins, viewing them as speculative and potentially destabilizing. Stricter regulations or outright bans could limit their growth and reduce investor confidence. These challenges, combined with the unpredictable nature of memecoins, make it clear that while the rewards can be tempting, the risks are just as significant. Investors should remain cautious and consider these warning signs before diving into the memecoin craze. Navigating the Memecoin Supercycle as an Investor 1. Do Your Research Before investing in any memecoin, take time to understand its background. Look into the team behind the project, the size and activity of its community, and its overall goals. Be wary of coins with no clear purpose or vague promises, as these are often created solely to capitalize on the hype. Memecoins that generate consistent interest and build strong communities tend to perform better than those relying on fleeting trends. 2. Manage Your Risks Invest only what you can afford to lose. The unpredictable nature of memecoins means prices can rise or fall dramatically within hours. Use tools like stop-loss orders to limit your potential losses, and consider spreading your investments across multiple assets rather than putting all your money into a single coin. Diversification can help reduce the impact of any one token performing poorly. 3. Recognize Warning Signs Keep an eye out for signs that the market may be overheating. If memecoin prices are rising too quickly without clear reasons, it could signal a bubble. Parabolic price increases, excessive media hype, and a surge in new investors jumping in for fear of missing out are often indications that a correction may be coming. Stay alert and consider taking profits when the market feels overly euphoric. 4. Stay Informed The memecoin market is heavily influenced by social media, celebrity endorsements, and internet trends. Stay updated on what’s happening online, as a single viral post or tweet can drive prices up—or down—overnight. Monitoring these trends can help you make better decisions about when to buy, sell, or hold. Conclusion: What Lies Ahead? The memecoin supercycle has redefined how value can be created in the digital age, blending humor, internet culture, and financial speculation into a unique phenomenon. While these tokens have attracted massive attention and investment, their extreme volatility and reliance on trends make them inherently risky. Whether memecoins evolve into a lasting part of the cryptocurrency ecosystem or fade as a temporary craze will depend on their ability to sustain interest and adapt to changing market conditions. For investors, the future of memecoins highlights the importance of balancing excitement with caution. While there is potential for significant gains, the risks of rapid declines and oversaturation are just as real. As digital culture and finance continue to converge, memecoins remind us of the power of community and creativity in shaping new investment opportunities—but also of the need for thoughtful decision-making in a volatile market. Disclaimer: All investment strategies and investments are subject to the risk of loss. Nothing contained in this article should be construed as investment advice. Users are strongly advised to do their due diligence and invest at your own risk.

Why Meme Coins Pump and What You Should Look for in 2025

Meme coins have become a unique and sometimes controversial part of the cryptocurrency world. While they may have started as jokes, some, like Dogecoin and Shiba Inu, have seen meteoric rises fueled by viral interest. In recent years, meme coins have attracted investors from all walks of life, drawn in by the low price, high potential returns, and the allure of community-driven value. But what really causes these coins to pump, and what should investors keep an eye on as we move into 2025 in a few months? Create your Bitget account to explore the potential of meme coins High Returns, High Risks: Exploring the Meme Coin Market of 2024 As of November 2024, the meme coin market saw a dramatic increase in popularity and volatility, with market capitalization reaching nearly $70 billion, close to its all-time high. Meme coins, often inspired by internet culture, attracted significant attention due to their viral appeal and speculative nature, leading to almost 170% growth in the first quarter alone. Most of these tokens were launched in 2024, with 75% of all existing projects emerging within the year. Meme Coins Market Cap Source: CoinMarketCap Ethereum remains the primary blockchain for meme coins, hosting the majority of high-cap tokens, while BNB Chain and Solana also support a growing number of projects. High liquidity and trading activity mark this market, with meme coins boasting a turnover ratio of 77%, a stark contrast to Bitcoin’s 1.8% according to BDC Consulting. However, the market’s rapid expansion also brought high failure rates: 97% of meme coin projects have collapsed due to a lack of innovation, susceptibility to pump-and-dump schemes, and an absence of long-term value. Annual Turnover Ratio for Meme Coins and BTC Source: BDC Consulting For investors, meme coins present both an opportunity and a risk, especially as economic uncertainties drive people toward alternative investments. Yet, the high rate of project failures highlights the speculative nature of this market. Many investors raise questions about the sustainability of meme coins, emphasizing that most lack fundamental value and are prone to volatility. Why Meme Coins Go Viral: Top 4 Reasons Explained 1. Community Hype Meme coins thrive on community spirit. Platforms like Reddit, X (Twitter), and Discord have groups dedicated to boosting the visibility of their favorite meme coins, encouraging “HODL” (holding on despite price drops) and community purchasing to boost prices. This network effect creates a self-fulfilling prophecy: the more people join, the higher the demand, leading to price increases. For example, Shiba Inu gained massive popularity due to its highly active community, often referred to as the "SHIB Army." With frequent social media campaigns, SHIB supporters encouraged others to buy and hold, creating a powerful network effect. 2. Celebrity Endorsements Some of the most significant meme coin price surges have been linked to endorsements or mentions from high-profile celebrities. Elon Musk, for instance, has famously tweeted about Dogecoin, causing its price to spike instantly. When a celebrity or influencer shows support, it creates a domino effect where followers buy in, causing prices to rise even further. 3. Market Sentiment The general mood in the cryptocurrency market affects meme coins profoundly. In a bullish market, when investors are optimistic and willing to take risks, meme coins tend to gain traction faster. During bearish or uncertain times, however, meme coins often experience sharp drops, as they’re seen as speculative investments that might not hold value long-term. Released in a market period of renewed interest in altcoins and meme coins, Pepe Coin gained traction quickly in 2023. Capitalizing on the familiar “Pepe the Frog” meme, PEPE was able to ride the wave of bullish sentiment around speculative assets, seeing significant price growth in a short time as the overall market conditions supported more risky, high-reward assets. 4. Low Entry Barrier Meme coins are often priced low, making them accessible to retail investors who may be intimidated by the prices of established cryptocurrencies like Bitcoin or Ethereum. This low entry barrier makes it easy for people to buy large quantities of meme coins, creating high trading volumes and potential price increases as demand rises. Floki Inu became a popular choice for retail investors due to its low price per coin. Named after Elon Musk’s dog, the coin saw a surge in interest among people looking for a “low-cost Dogecoin alternative.” FLOKI's low entry point made it accessible to many retail investors who wanted to buy large quantities at a low cost, leading to high trading volumes and pumps in its value as demand soared. Key Factors to Watch for Meme Coins in 2025 Community Engagement: Look for meme coins that maintain a strong and active community. In 2025, community size and loyalty will remain essential drivers of meme coin success. Coins with active Reddit forums, social media discussions, and grassroots events often see more organic growth. Innovation and Utility: While many meme coins remain purely speculative, some projects are starting to explore real-world use cases. In 2025, meme coins that pivot towards adding utility—whether through partnerships, integrations, or innovative functionalities—will likely stand out. These may appeal to investors looking for something beyond hype alone. Strategic Partnerships and Endorsements: Partnerships or endorsements can boost the legitimacy of a meme coin and help separate it from the many “pump and dump” schemes in the space. Look for meme coins backed by credible organizations or that secure partnerships with businesses. Market Conditions: The overall crypto market condition in 2025 will play a significant role. In a strong bull market, meme coins could see higher returns as investors take risks. Conversely, in a bear market, meme coins may see less interest. Understanding the macroeconomic climate and overall crypto trends will help gauge the level of risk involved. Regulatory Landscape: With increasing scrutiny, 2025 may see more regulations on cryptocurrencies, especially in speculative assets like meme coins. While this could dampen growth, some meme coins could benefit by establishing a reputation for compliance, making them safer bets. Solana and Meme Coins: A Perfect Match for Crypto Hype Since its launch in March 2020, Solana has grown into one of the most promising platforms in the crypto world. Recently, it hit a record of 123 million active addresses, showcasing the power of its fast and affordable transaction model. This growth isn’t just numbers—it reflects how Solana has become a top choice for projects with high engagement, especially in the meme coin space. With meme coins gaining traction faster than ever, Solana’s infrastructure makes it ideal for these high-volume, community-driven tokens to thrive. Platforms like Pump.fun have already helped launch over a million tokens, sparking excitement and giving users easy access to create and trade meme coins. Meme coins on Solana, like BONK, have shown how community and airdrops can drive massive interest and quick adoption, building hype across social media. High-profile endorsements and low entry barriers have also drawn in a broader audience, with many looking for the next big trend. Solana is well-positioned to lead the meme coin market, blending its strengths in speed, accessibility, and community engagement. For investors, this could mean that Solana-based meme coins are where the next big opportunities in crypto lie. Potential Risks Volatility: Meme coins are notorious for their extreme price volatility. While pumps can bring significant returns, they’re often followed by sharp drops. Investors should consider this and be ready for potential price swings. Lack of Intrinsic Value: Many meme coins lack intrinsic value and are driven primarily by hype. They often don’t have the robust infrastructure or technological backing of major cryptocurrencies. This means they’re highly speculative investments, and investors could lose most of their value if the hype dies down. Regulatory Crackdowns: If governments enforce stricter regulations, meme coins might face limitations in trading or promotions. Regulatory action can impact liquidity and perceived legitimacy, influencing price stability. Conclusion Meme coins represent a high-stakes opportunity in the ever-evolving world of cryptocurrency. As we approach 2025, the landscape will be shaped by a mix of community influence, innovation, and regulatory developments. While these meme coins can offer significant returns, they come with considerable risks due to their speculative nature and lack of intrinsic value. Investors must stay vigilant, informed, and prepared to navigate this volatility. Ultimately, investing in meme coins should balance optimism with a careful assessment of the potential downsides. If approached thoughtfully, these investments may have a place in a diversified portfolio, but always remember: the meme coin market is as unpredictable as it is exciting. Sign Up With Bitget Today and Claim Your $200 Welcome Gift! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Grass (GRASS): Decentralizing AI Data Scraping

What is Grass (GRASS)? Grass (GRASS) is a decentralized network that takes unused internet bandwidth and uses it to gather information from the public web. This information is then used to train large language models (LLMs), which are AI algorithms capable of understanding and generating text, just like a human would. Grass is crucial in helping AI labs access the massive amounts of data required to create these models. Think of LLMs as the brain behind AI. They process billions of words and phrases from the internet to learn how language works. The more data they have, the smarter they get. Grass provides a continuous stream of public web data, ensuring that AI models stay up-to-date and improve over time. Who Created Grass (GRASS)? Grass is the product of a talented team of engineers and AI enthusiasts, but their individual names are not publicly known. Instead of focusing on the people behind it, Grass has built its reputation through its powerful technology and network. At the moment, Grass has attracted more than 2 million active nodes. What VCs Back Grass (GRASS)? Grass has generated a lot of excitement, and recently completed a $3.5 million seed round. This funding will help grow the network and make it even more powerful. The seed round was led by Polychain Capital and Tribe Capital, two major venture capital firms. Other notable investors include Bitscale Capital, Big Brain VC, Mozaik Capital, Advisors Anonymous, Typhon V, etc. With this impressive list of investors, Grass is set to make significant strides in the AI industry. These funds will help Grass expand its network, improve its data-gathering capabilities, and support its mission to train better AI models. How Grass (GRASS) Works Grass works by collecting unused internet bandwidth from users who choose to run a Grass node. A node is just a fancy term for the part of the network that handles data. People who join the Grass network allow the system to access their extra bandwidth, which helps AI labs collect data from across the web. This data is then processed and fed into AI models to help them learn. Here’s a simple way to think about it: Imagine you’re watering your garden with a hose. While you water your plants, there’s still a lot of water flowing through the hose that doesn’t get used. Grass takes that extra water (in this case, your unused internet bandwidth) and uses it to help grow massive fields of knowledge for AI labs to harvest. The Role of Public Data Grass collects public web data, meaning it scrapes information that is freely available on websites like Wikipedia, Reddit, and news sites. It’s important to know that Grass does not access your personal data or private information. Everything it gathers is already public and can be accessed by anyone with an internet connection. For example, AI models trained through Grass might analyze news articles to learn about current events, or social media posts to understand how people feel about a certain topic. The goal is to gather as much varied, real-world data as possible so that the AI can generate more accurate and relevant responses. One of the biggest advantages of Grass is that it taps into real-time data. While some AI models rely on static datasets (like old encyclopedias or textbooks), Grass gives access to constantly updated information. This means AI models can answer questions about current events, trends, and even cultural shifts. Large Language Models: How AI Learns from Grass To understand how Grass fits into the AI ecosystem, let’s take a closer look at how large language models (LLMs) work. LLMs are like the brains behind AI chatbots, translators, and virtual assistants. They are trained on huge amounts of text data to learn how language works and how different words relate to each other. This allows them to generate human-like responses when asked a question. But here’s the tricky part: Training an LLM takes enormous amounts of data. The more text the model reads, the smarter it gets. For instance, if an AI model is trained to understand everything written on Wikipedia, it can answer questions about any topic covered in those articles. However, to get even more accurate, the model needs to read from many different sources and keep up with constantly changing information. This is where Grass shines. Grass allows AI models to access up-to-date public information by using its network of nodes. The AI labs connected to Grass can then use this data to create better, more accurate LLMs capable of answering all sorts of questions, from simple queries about everyday life to complex scientific problems. GRASS Goes Live on Bitget Grass is an exciting new player in the world of AI, using innovative technology to gather public web data and train powerful large language models. With the backing of top investors and a growing network of nodes, Grass is changing the way AI labs access information and helping create smarter, more accurate AI models. As it continues to gain traction in the AI space, now could be an opportune moment to consider trading Grass on Bitget's pre-market. With its decentralized approach to gathering public web data and contributing to the growth of large language models, Grass presents an intriguing opportunity for those looking to invest in cutting-edge AI technology. Trading in the pre-market allows early access to potential gains as the project develops further. GRASS on Bitget Pre-Market GRASS is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it! Start time: 15 October, 2024, 11:00 (UTC) Bitget Pre-Market offers flexibility in trading activities with two settlement options: ● Coin settlement, which uses a 'cash on delivery' method where a security deposit is forfeited if the seller fails to deliver. ● USDT settlement, a new option where trades are settled in USDT at the average index price at the last minute. To use Bitget Pre-Market, follow these simple steps: ● Step 1: Go to the Bitget Pre-Market page. ● Step 2: ○ For Makers: ■ Choose the desired token and click on ‘Post Order’. ■ Specify Buy or Sell, enter price and quantity, review details, then confirm. ○ For Takers: ■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm. For detailed instructions on how to use Bitget Pre-Market, please read Introducing Bitget Pre-Market: Your Gateway to Early Coin Trading Get GRASS on Bitget Pre-Market now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

What Are Crypto Signals? Learn How to Find the Best Trading Signal Providers

Have you ever wondered how some cryptocurrency traders seem to make the right moves at the right time consistently? The answer might be simpler than you think: crypto signals. These handy alerts, often generated by experienced traders or advanced algorithms, guide traders on when to buy, sell, or hold digital assets. But with countless signal providers, how do you choose the right one? In this article, we’ll explore what crypto signals are, how they work, and, most importantly, how you can find the best trading signal providers to boost your trading success. Whether you’re looking to maximize profits or minimize risks, this guide will equip you with the knowledge you need to make smarter, more confident trading decisions. What Are Crypto Signals? Crypto signals are recommendations or alerts provided to traders that suggest specific actions to take in the cryptocurrency market. These signals typically indicate when to buy, sell, or hold a particular cryptocurrency, based on a variety of factors, including technical analysis, market trends, and the expertise of the signal provider. A crypto signal typically includes: Cryptocurrency Pair: The specific pair of cryptocurrencies involved in the trade, such as BTC/USDT (Bitcoin/Tether). Action: The suggested action—whether to buy, sell, or hold the cryptocurrency. Entry Point: The price level at which you should enter the trade. Take Profit Levels: The price levels at which you should exit the trade to secure profits. There can be multiple take-profit levels depending on the strategy. Stop Loss: A price level at which you should exit the trade if the market moves against the prediction, to minimize potential losses. Example of a crypto signal Types of Crypto Signals Crypto signals can be categorized into two main types: Manual Signals: These are generated by experienced traders or analysts who study market trends, charts, and other data. They use their knowledge and expertise to predict price movements and provide signals accordingly. Manual signals often come with detailed explanations and are shared through various channels like Telegram groups, social media, or dedicated platforms. Automated Signals: These are generated by algorithms or bots that analyze market data in real-time. These algorithms are programmed to recognize certain patterns and trigger signals based on predefined criteria. Automated signals can be faster and less prone to human error, but they might lack the nuanced understanding that a human trader might have. How to Use Crypto Trading Signals? You may wonder how to use crypto trading signals to enhance your trading strategy effectively. Follow these simple steps: Choose a Reliable Signal Provider: Start by selecting a trustworthy source for your crypto signals. Look for providers with a proven track record, positive reviews, and a transparent performance history. Understand the Signal: Before acting on a signal, make sure you understand its components: the recommended cryptocurrency pair, action (buy/sell/hold), entry point, take profit levels, and stop loss. This will help you execute the trade correctly. Set Up Your Trading Platform: Ensure your trading platform is ready to execute trades quickly. You may need to input the signal manually or set up an automated system to act on signals as they come in. Act Quickly: Crypto markets move fast, so it’s important to act on signals promptly. Delayed action might result in missed opportunities or less favorable trade outcomes. Monitor the Trade: After placing the trade, keep an eye on it to see how it progresses. Some signal providers may offer updates or adjustments based on market changes, so stay informed. Manage Risk: Always use stop-loss orders as recommended in the signal to protect yourself from significant losses. This helps you manage risk effectively while following the trading strategy. Benefits of Crypto Signals By now, you can see that crypto signals are a powerful tool for traders, offering a range of benefits that can significantly enhance your trading experience: Time-Saving: You don’t need to spend hours analyzing charts—crypto signals do the hard work for you, giving you clear actions to take. Expert Guidance: These signals often come from experienced traders or advanced tools, providing you with professional insights you might not have on your own. Reduced Risk: Signals usually include stop-loss levels to help protect your investments from significant losses in a volatile market. Learn as You Trade: By following these signals, you can pick up valuable trading strategies and improve your skills. Better Trading Opportunities: Accurate signals can help you spot and act on profitable trades you might have missed otherwise. Boosted Confidence: With reliable signals, you can trade with more confidence, knowing you’re backed by solid analysis. How to Manage Risks When Using Crypto Trading Signals Using crypto trading signals can enhance your trading strategy, but managing risks effectively is crucial to protecting your investments. Remember some key tips below: Set Stop-Loss Orders: Always implement the stop-loss levels provided in the signals. This ensures that if the market moves against you, your losses are capped, preventing significant damage to your trading capital. Diversify Your Portfolio: Avoid putting all your funds into a single trade. Spread your investments across multiple trades or assets to reduce the impact of a potential loss on any one trade. Use a Risk-Reward Ratio: Stick to a risk-reward ratio that fits your trading strategy, such as risking 1% to 2% of your total capital per trade. This helps you control potential losses while aiming for profitable returns. Avoid Overtrading: Resist the urge to act on every signal you receive. Overtrading can expose you to unnecessary risk. Instead, focus on the most promising signals that align with your strategy and market conditions. Stay Informed: Keep up with market conditions and news that might affect your trades. Even with reliable signals, sudden market shifts can occur, so being aware allows you to adjust your strategy if needed. Review and Learn: After each trade, evaluate its performance. Analyze what worked and what didn’t to improve your decision-making process. Learning from past trades helps refine your strategy and better manage risks in the future. Where to Find the Right Crypto Signals? Now that you understand the benefits and risks of using crypto signals, the next step is finding the right sources to obtain them. Choosing a reliable signal provider is crucial for your trading success. Here are some common places where you can find quality crypto signals: Telegram Groups: Many experienced traders and platforms share crypto signals through Telegram. It’s a popular choice for real-time updates and easy access. Dedicated Signal Providers: Some companies specialize in offering crypto signals through paid subscriptions. These often include detailed analysis and high-quality recommendations. Social Media & Forums: Communities on platforms like X (formerly Twitter) and Reddit often share signals. However, it's essential to verify the credibility of these sources. Crypto Exchanges: Some exchanges, such as Bitget, offer integrated signal services. These platforms allow users to receive signals and automate trades directly. One noteworthy tool that has recently gained attention in the crypto trading community is the Bitget Telegram Signal Bot. This advanced tool streamlines the process of receiving and acting on trading signals, especially for those who prefer using Telegram as their primary communication platform. Introducing the Bitget Telegram Signal Bot The Bitget Telegram trading signal tool is an advanced interactive bot developed by Bitget for signal providers on Telegram. It allows users to automatically publish trading signals in Telegram groups and offers real-time data analysis to optimize group management. The tool synchronizes signals across all managed groups and provides detailed insights into follower interactions, helping providers improve engagement and efficiency. It also supports continuous updates and new features to enhance community management. How to Enable Bitget Trading Signal Bot in Your Telegram Group? To enable Bitget Telegram trading signal bots, follow these steps: Become a Signal Provider: Sign up as a signal provider through the Bitget app, ensuring you have the latest version and meet the account requirements. Bind and Configure: Link your Telegram group to the Signal Hub in the Bitget app and configure your signal publishing settings. Real-Time Monitoring: Use the Signal Hub to monitor your trading signals and group activity in real-time, optimizing your community management. Read more: Mastering The Bitget Telegram Signal Tool For Efficient Trading Final Thoughts In conclusion, crypto signals offer a significant advantage for traders looking to make informed decisions and optimize their strategies. With tools like the Bitget Telegram Signal Bot, automating trades and managing risks becomes even easier, providing a streamlined and efficient trading experience. As you explore the world of crypto trading, consider how you can leverage these signals and tools to maximize your success in the market. By choosing reliable signal providers and applying the strategies discussed, you’ll be well-equipped to navigate the dynamic landscape of cryptocurrency trading with confidence. Looking to kickstart your crypto journey? Create your account on Bitget today and receive a 6,200 USDT newcomer’s gift package! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Today's Hamster Kombat Mini Game for August 6, 2024

Welcome Hamster CEOs! Looking to maximize your Hamster Coins in the Hamster Kombat Telegram mini-app? Check out these helpful tips to boost your earnings and enjoy the game to the fullest. Discover the Hamster Kombat Mini Game for August 6, 2024 now. Key Takeaways Hints for today's Hamster Kombat Mini Game for August 6, 2024: Check out the solution to the Hamster Kombat mini game for August 6 and get the key to today's puzzle by scrolling down. Ways to earn more Hamster coins and keys. What Is the Viral Hamster Kombat (HMSTR) on Telegram? The popular tap-to-earn game Hamster Kombat on Telegram has attracted 300 million users worldwide and announced plans for a significant HMSTR token airdrop. However, the airdrop, originally planned for July, has been delayed due to operational challenges, leading to concerns among users. The game draws inspiration from Notcoin, which made a mark with a substantial token airdrop in May. Hamster Kombat has gained a significant player base in key markets such as Nigeria, the Philippines, and Russia. In addition to mining coins, players can earn substantial extra bonuses, notably the highly rewarding Daily Combo and Daily Cipher codes, allowing for the daily mining of 6 million coins. These features have garnered substantial followings on various social media platforms including Reddit, TikTok, Twitter, and YouTube. Bitget is committed to solving any issues alongside its users and encourages them to check daily articles and earn Hamster coins on their initial attempts. What Is Hamster Kombat Mini Game? Hamster Kombat introduced a new mini-game puzzle on July 19th, which presents a daily challenge involving moving market candlestick indicators to release a golden key within 30 seconds. The game draws inspiration from the classic sliding puzzle concept, integrating the crypto theme with vertical and horizontal market candles. Some users have encountered control interface issues, and the developers advise updating the Telegram mobile app if problems arise. Additionally, players need to wait 90 minutes before attempting the puzzle again if unsuccessful. Similar to other game features, the mini-game puzzle updates daily at 4 PM ET. The Hamster Kombat token is now available on the Bitget Pre-Market trading platform, allowing you to trade Hamster Futures Coin (HMSTRBG) over-the-counter (OTC). Get Hamster Futures Coin on Bitget Pre-Market now! Today's Hamster Kombat Mini Game for August 06, 2024 How to move and solve the candles, check it: How to Earn More Hamster Coins? Boost your Hamster Coins in the Hamster Kombat Telegram mini-app by following these tips: 1. Upgrade Your Exchange: Opt for Bitget and purchase different cards or features to passively accumulate more coins on an hourly basis. 2. Regular Check-Ins: Log in frequently to claim earnings and reset the timer for maximum passive coin income. 3. Invite Friends: Increase your earning potential by inviting friends to join you in playing Hamster Kombat. 4. Claim Daily Rewards: Log in daily to claim rewards and significantly enhance your earnings. 5. Social Media Engagement: Earn coins by following Hamster Kombat on platforms like Twitter, Facebook, and Instagram, and subscribe to the official YouTube channel. 6. Hamster YouTube: Watch the suggested video and receive 100,000 coins. 7. Solve Daily Combo Cards: Successfully get the correct cards on the first try every day to earn up to 5 million coins. 8. Solve Daily Cipher Morse Code: Decode the Daily Cipher puzzle and correctly input the Morse Code into the game to earn up to 1 million coins every day. Explore the world of cryptocurrency and start trading with us now!

Staying Safe On Crypto-Related Social Media And Online Forums

Social media platforms and online forums play a crucial role in providing information, fostering community engagement, and offering real-time updates in the world of cryptocurrencies. As these platforms also present significant risks, such as scams, misinformation, and various cyber threats, the recognition of these risks as well as the adoption of safe practices are essential for safeguarding your assets and personal information. This article explores common threats in the crypto space and offers practical advice on navigating these digital landscapes safely. Common Risks, Obstacles, And Threats Scams and fraud Crypto-related social media and forums are rife with scams and fraudulent schemes. These include fake initial coin offerings (ICOs), phishing websites, Ponzi schemes, and pump-and-dump groups. One prevalent scam is the fake crypto giveaway, where scammers impersonate influential figures or cryptocurrency projects, promising to return double the amount of cryptocurrency sent by users. These scams often misuse the identities of celebrities like Elon Musk and rely on fake social media profiles or compromised real accounts for credibility. Recognising these scams is crucial, as they always promise to return more funds than deposited, which is a clear red flag. Misinformation The crypto space often contains misinformation and hype. Unverified rumours and false claims about new projects or price predictions can lead to poor investment decisions. It’s essential to differentiate between legitimate information and baseless speculation. Scammers frequently use fake profiles and flood comment sections with positive messages about a scam, making it appear legitimate. Personal info leaks Sharing personal information on public forums can lead to identity theft, harassment, or targeted attacks. Scammers may exploit your information to gain trust and manipulate you into revealing sensitive data or making risky financial decisions. Malware and phishing attacks Cybercriminals commonly use malware and phishing attacks to steal crypto assets. Phishing emails or messages may look legitimate, prompting you to click on malicious links or provide private keys and passwords. Malware can hide in software downloads, compromising your device and accessing your crypto wallets. For example, phishing emails may pose as official communications from reputable companies like LocalBitcoins, asking users to click on links that install malware or redirect to imposter websites. Social engineering attacks Social engineering attacks involve manipulating individuals into divulging confidential information. Attackers may pose as trusted community members, support staff, or even friends to access your accounts or assets. How To Navigate And Stay Safe On Crypto-Related Social Media And Online Forums Choose the right platforms Select reputable platforms and forums with strong moderation and security policies. Popular platforms like Reddit (r/Cryptocurrency, r/Bitcoin), Twitter, and dedicated crypto forums typically have robust measures to protect users and filter out malicious content. Verify information Always verify information before acting on it. Cross-reference news and claims with multiple reputable sources. Look for official announcements from project websites or well-known media outlets. Use strong, unique passwords Create strong, unique passwords for each of your online accounts. Avoid using easily guessable information such as birthdays or common words. Use a combination of letters, numbers, and special characters to enhance security. Enable two-factor authentication Make sure you have already enabled two-factor authentication (2FA) wherever possible. This adds an extra layer of security by requiring a second form of verification, such as a text message or authentication app code, in addition to your password. For example, Google Authenticator and Authy are popular 2FA apps that generate random, self-destructing six-digit passwords. Be cautious with personal information Be mindful of the information you share online. Avoid disclosing personal details such as your full name, address, phone number, or financial information. Use pseudonyms or usernames that do not reveal your identity. Recognise common signs of scams and fraudulent activities Educate yourself about common signs of scams. Be wary of unsolicited messages, offers that seem too good to be true, and pressure tactics. Genuine projects and exchanges will never ask for your private keys or passwords. Additional Tips And Best Practices Regularly update software and devices Keep your software, apps, and devices up to date. Regular updates often include security patches that protect against vulnerabilities and threats. Educate yourself Continuously learn about the latest security practices and threats in the crypto space. Follow trusted sources, participate in webinars, and read up on cybersecurity best practices. Engage with trusted communities Join well-established and reputable communities. Participate in forums and groups with active moderation and a reputation for providing reliable information and support. Use Virtual Private Networks (VPNs) Use a VPN to secure your internet connection and protect your privacy. A VPN encrypts your online activities, making it harder for attackers to intercept your data. Avoid public Wi-Fi for sensitive transactions Avoid conducting sensitive transactions over public Wi-Fi networks. Public networks are often less secure, making it easier for attackers to intercept your data. Use a private, secure connection for any transactions or account access. Never make a digital copy of your personal crypto details One of the biggest mistakes both first-time and experienced crypto users make is creating digital copies of their crypto wallet passwords, seed words, or backup codes. Digital copies can be anything from screenshots or photos to copy-pasting the code into an email or notepad app. Hackers can gain access to these through malware, brute force attacks, and other attack vectors. Instead, write down your sensitive information on paper or etch it into metal plates using solutions from providers like Cryptotag, Coldbit, Cryptosteel, or Simbit. Conclusion Navigating the world of cryptocurrencies on social media and online forums requires caution, awareness, and proactive security measures. By understanding the risks, choosing the right platforms, verifying information, and adopting robust security practices, you can protect yourself from scams, fraud, and cyber threats. Remember to continuously educate yourself, engage with trusted communities, and use tools like VPNs to enhance your online safety. With the right precautions, you can confidently navigate the crypto space and make informed decisions to safeguard your investments and personal information.

The Journey of Meme Coins: From Internet Jokes to Cryptocurrency Market Craze

The world of cryptocurrencies is vast and has seen the rise of meme coins as a distinct phenomenon. These are virtual currencies that originated from online jokes or memes, surpassing their comical origins to become a significant segment of the crypto industry. This article delves into the workings of meme coins, their definition, and their influence on the cryptocurrency scene. What are Meme Coins? Meme coins are digital currencies that typically draw inspiration from internet jokes, trendy pop culture phenomena, or playful themes. The most notable example is Dogecoin (DOGE), which emerged in 2013 as a fun-filled take on the rapidly growing crypto world, featuring the Shiba Inu dog from a well-known meme as its symbol. Unlike conventional cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH), which were developed with precise technological or financial targets, meme coins frequently start as playful or satirical initiatives. How Do Meme Coins Work? Meme coins function on blockchain technology, much like other cryptocurrencies. They are tradable assets that can be bought, sold, and exchanged. Transactions: Meme coin transactions are registered on a distributed ledger or blockchain, which guarantees transparency and safety. Mining and Staking: Several meme coins, including Dogecoin, can be mined. Others may provide staking incentives for keeping the currency for an extended period. Exchanges and Wallets: Meme coins are traded on digital currency exchanges, and one can store them in secure digital wallets. Why Are Memecoins So Popular? The crypto market experienced significant growth during the COVID-19 pandemic, with meme coins gaining immense popularity among individual investors as a means to counteract inflation. This surge in interest was partly sparked by the viral trading frenzy surrounding stocks like GameStop (GME) and AMC Entertainment (AMC) towards the end of 2020. Following this, a R eddit community humorously proposed inflating DOGE's value as a cryptocurrency counterpart to GME in January 2021. The idea quickly gained traction, further fueled by Elon Musk's influential tweets. This led to DOGE achieving an unprecedented peak of $0.73 USD, marking an astonishing 2,000% increase in a mere five days. However, the tide turned in May 2021 when a jest from Elon Musk about DOGE caused its value to plummet. This shift led traders to explore other meme coins, including SHIB, often dubbed the "Dogecoin killer." The allure of meme coins for retail investors lies in their affordability, often priced at just a few cents or even less. With their vast supplies, investors can acquire thousands or millions of tokens like DOGE, SHIB, or AKITA with minimal investment. Beyond the prospect of financial gains, the enthusiasm for meme coins is deeply rooted in community dynamics. Originating from popular online memes, these coins are designed to be lighthearted and sometimes serve as an inside joke within a community. Investing in meme coins has become a way to express solidarity with these communities. Taking inspiration from the Reddit group SatoshiStreetBets, enthusiasts of meme coins initiated a "David versus Goliath" challenge against mainstream cryptocurrencies, leading to a flood of community-centric meme coins in the crypto market in 2021. At Bitget, we support all legitimate crypto projects and continuously expand our product offerings to onboard more people. You can get your own memecoins or fan tokens by going to Bitget Spot Trading and selecting the appropriate category, as shown below: To see other categories, hover your pointer on the trading pair, select USDT, and click on the box next to Inno. Scroll down on the drop-down menu to find the Fan Token category, which is located below the Meme category. Similarly, search for the Meme category on Bitget Futures Trading: While investing in memecoins, it's important to have a sense of humor unless you're a technical analysis pro. These coins are highly volatile and speculative, but who knows, sometimes a joke can turn into a jackpot! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The Resurgence of NFTs: A Glimpse into the Potential Growth of NFT in 2024

A Recap of The Surge of NFTs in 2023 Major Brands Started to Embrace NFTs In 2023, major brands such as Nike, Reddit, and Starbucks embraced the NFT phenomenon, releasing mass-market digital collectibles. These digital collectibles were not mere profile pictures but encompassed utilities and value beyond the realm of speculative investments. Moreover, industry giants like Ticketmaster, alongside newcomers such as tokenproof and YellowHeart, began experimenting with NFTs in novel ways. Event tickets, memberships, and various forms of fan engagement became ways for exploring the potential of NFTs. This diversification of NFT applications indicated a broader shift from exclusive, high-value assets to products produced in larger quantities and sold at more affordable prices. Inscriptions Reignited the Interest in NFT In 2023, NFTs have recently made a striking comeback, attracting the attention of enthusiasts and investors alike. The catalyst behind this resurgence is mainly due to the introduction of inscription in Bitcoin Ordinals, a development that has transcended the confines of Bitcoin and spilled over into other networks such as Dogecoin, Avalanche, Arbitrum, and Solana. This influx of interest has not only led to major congestion and outages on these chains but has also breathed new life into the NFT market, creating a fresh wave of excitement and anticipation for what lies ahead. The VanEck Crypto Monthly Recap for December 2023 offers a snapshot of the dynamic NFT market. Notably, the NFT volume experienced a staggering 81% surge, driven by the rising BRC-20 trading on Bitcoin and an impressive 328% increase in NFT volume on Solana. Solana, in particular, witnessed a monumental shift in investor sentiment, with its NFT volume surpassing that of Ethereum for the first time. Ethereum, while experiencing a modest 1% increase in NFT volume, maintained its stronghold with Blur as the leading NFT exchange, facilitating 74% of NFT volume on the chain. However, the dynamics within the Ethereum NFT space indicate a nuanced landscape, with Blur's governance token, $BLUR, underperforming the market. Despite this, deposits to Blur's upcoming layer 2 network, Blast, are on the rise, and the Blast contract has achieved a Total Value Locked (TVL) exceeding $1 billion. Source: VanEck The impact of inscription on blockchain cannot be understated. The networks, once heralded for their scalability and efficiency, are now grappling with unprecedented congestion. The surge in demand for NFTs, fueled by inscription, has pushed these networks to their limits, leading to outages and disruptions in service. The congestion, however, is not merely a technical hiccup; it is a testament to the soaring popularity of NFTs. As the networks struggle to accommodate the influx of users seeking to engage with NFTs, it becomes evident that the appeal of these digital assets has reached new heights. The unexpected consequence of inscription-induced congestion has inadvertently become a barometer for the rising prominence of NFTs in the broader digital landscape. Predictions of NFT Renaissance in 2024 Bitcoin Ordinals and Mainstream Adoption The meteoric rise of Bitcoin-based NFTs in 2023 is expected to continue its momentum into the coming year. Jason Lau, Chief Innovation Officer at crypto exchange OKX, emphasizes that educators are becoming more educated and discerning about the placement of NFTs on the Bitcoin network. The appeal of Bitcoin Ordinals, storing NFT art and data directly on-chain, lies in its ability to provide participants with the benefits of scarcity, security, and immutability inherent in the Bitcoin blockchain. This approach contrasts with the skepticism surrounding NFT projects that were perceived as quick cash grabs, as Bitcoin-based NFTs gather momentum and contribute to resurrecting interest in the metaverse. Oh Thongsrinoon, Chief Marketing Officer of Altava Group, echoes this sentiment, stating that while NFTs faced challenges in 2023, Bitcoin-based NFTs gained traction. This resurgence is seen as a positive development for the crypto space and is expected to further enhance interest in the metaverse, signaling a potential shift in how digital assets are perceived and valued. The Intersection of Digital and Physical One noteworthy trend set to unfold in 2024 is the deepening connection between digital and physical assets. According to John Crain, co-founder and CEO of SuperRare Labs, the NFT space will play a pivotal role as "digital twins and certificates of authenticity." Collectors, who have shown a penchant for physical editions of NFT art, are expected to drive this significant rise in bridging the gap between the two worlds. This development not only enhances the tangible value of NFTs but also positions them as unique and authentic representations in the physical realm. The trend of tokenizing real-world assets (RWAs) has been a major discussion within the crypto space, and this conversation is predicted to continue into 2024. Oh Thongsrinoon foresees NFTs transcending speculation and gaining real-world value through RWA tokenization. This strategy, already applied to NFT collections, offers utilities such as branded merchandise, intellectual property ownership, exclusive access, and product consultations. In 2024, NFTs may extend their influence to industries like precious metals and real estate, providing a tangible bridge between the digital and physical spheres. Vineet Budki, CEO of Web3 venture firm Cypher Capital, echoes this sentiment, foreseeing NFTs maturing into valuable tools with real-world applications. Fractional ownership of assets, dynamic digital experiences, and hybrid physical-digital blends are expected to define the landscape in 2024, moving beyond the initial hype surrounding NFTs. The Growth of NFT Gaming Another exciting area expected to drive NFT growth in 2024 is the gaming industry. While some gamers have been cautious about Web3 games and NFTs, video game companies are increasingly integrating them into their offerings. Jason Lau anticipates a new wave of Web3-enabled games that will expose a wider range of gamers to NFTs. Notable games like Square Enix's Symbiogenesis and Mythical Games' NFL Rivals have already embraced NFTs, paving the way for more immersive and engaging gaming experiences. This shift signifies a departure from the initial phase of NFT games, which primarily showcased the tokens as novelties rather than integral components of compelling gameplay. Industry experts, including John Crain, believe that 2024 will mark a turning point for NFT games. Web3 game studios are now focusing on building high-quality games that leverage NFTs and tokens to enhance the overall gaming experience. Challenges on the Horizon Despite the optimism surrounding the resurgence of NFTs, several challenges loom on the horizon for 2024. One significant hurdle identified by industry professionals is changing the public narrative surrounding NFTs. It is necessary that NFT projects work diligently in altering the perception that the technology is solely associated with scams. By building engaging products and delivering real value, the public perception is anticipated to shift positively. It is also worth acknowledging the cyclical nature of the crypto industry, highlighting that individuals who entered the NFT space in the previous cycle remain skeptical about the progress made beyond the initial promises. However, signs of recovery were noted towards the end of 2023, suggesting that the industry is making strides in dispelling earlier doubts. Regulatory uncertainties represent another challenge that NFTs are likely to face in 2024. The SEC’s intervention in the NFT space in 2023, filing an unregistered securities claim against an NFT collection, underscores the need for clearer legal frameworks. Experts and users both express concerns over the regulatory gray areas surrounding NFTs, emphasizing the importance of establishing a clear legal landscape as the space continues to grow. Looking to the Future Despite the challenges, industry leaders maintain bullish sentiments about the future of NFTs. John Crain envisions NFTs becoming standard infrastructure for the internet, providing a simple and effective mechanism for proving the provenance of digital content. This shift is deemed crucial, especially in a world where AI capabilities are increasing exponentially, and the ability to discern what is real becomes paramount. The role of RWA tokenization and NFTs in representing human values in both the digital and physical space cannot be understated either. NFTs are a blank canvas that can adapt and capture an endless range of possibilities, their potential to shape the evolving landscape of digital ownership and creativity. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.