The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer reports received in the first half of 2024 pertained to these scams, reflecting a 44% increase from the same […]
Bitcoin News
Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target
Prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin despite the flagship crypto’s recent setback. As part of his analysis, he suggested how high Bitcoin could rise in the short and long term.
Bitcoin To Rise To As High As 0,000
Dave the Wave suggested in an X (formerly Twitter) post that Bitcoin could rise to as high as 0,000 based on his logarithmic growth channel (LGC) indicator. Based on the chart he shared, BTC’s rally to this unprecedented price level is expected to happen sometime in 2025.
Meanwhile, in the short term, Dave the Wave expects Bitcoin to rise above 0,000 later this year. He highlighted an ascending diagonal line, which Bitcoin has continued to hold as support even following its recent decline below ,000. As such, the analyst believes that the flagship crypto will remain in a multi-month upward trend as far as it holds above the line.
Crypto analyst Rekt Capital also suggested that there was no need to worry about Bitcoin’s pullback, stating that this current pullback would not last forever. In fact, he remarked that everything was going according to plan, as the Bitcoin pullback was long overdue based on “historical tendencies.”
The analyst expects Bitcoin to continue consolidating in this Re-Accumulation range for a while. Rekt Capital predicts that the breakout into the ‘Parabolic Uptrend’ phase will likely come in September this year if history repeats itself. This aligns with Dave the Wave’s prediction that Bitcoin will rise above 0,000 later this year.
Rekt Capital also warned Bitcoin investors about being shaken out of their positions. He stated that Bitcoin will soon be transitioning into “increasingly fearful territory” as its price drops to as low as ,000. He added that this “fear tends to precede the point of maximum financial opportunity.” In another X post, he remarked that Bitcoin will retrace deep enough to convince anyone that the bull run is over, and then the flagship crypto will resume its uptrend.
BTC Still On Course
Crypto analyst Mikybull Crypto also shared a sentiment similar to Rekt Capital’s. He stated that BTC is still in the range and advised investors not to get shaken out. The analyst had earlier called for patience while BTC consolidates in this range. He highlighted a wedge that he claimed would send Bitcoin’s price to an initial target of ,000 when a breakout occurs.
Crypto analyst Jelle also suggested that this is the time for Bitcoin investors to do nothing and just sit on their hands. The analyst reshared his profit-taking strategy, which showed that Bitcoin investors should only look to take profits when the flagship crypto climbs to ,000.
Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases – Glassnode
Bitcoin continues to dominate discussions, with its recent price movements drawing particular attention. As the asset struggles to reclaim its March all-time high of over ,000, with recent attempts peaking above ,000 earlier this week, the price has since receded to approximately ,231 at the time of writing.
This retracement marks a 7.3% drop from its March peak, signifying a volatile period for the cryptocurrency, influenced by various underlying market factors.
Long-Term Holders Lessen Selling, What This Spell For BTC
Glassnode, a renowned market intelligence platform, highlights a significant development in Bitcoin’s market behavior. According to a recent analysis of the platform, there has been a notable decline in the distribution pressure from Bitcoin’s long-term holders (LTHs).
Glassnode’s “Long-Term Holder Binary Spending Indicator” tracks the sell-off activity of long-standing Bitcoin holders, and its recent data points to a marked reduction in this group’s selling pressure.
Historically, when long-term holders reduce their selling, it alleviates downward pressure on the price, potentially giving rise to more bullish market conditions.
Further insights into Bitcoin’s price behavior come from prominent crypto analyst RektCapital, who noted on social media platform X that Bitcoin typically faces resistance at the range high post-Halving and suggests a prolonged re-accumulation phase.
As the crypto asset trades just below ,000, RektCapital discloses that Bitcoin might only break out from its current re-accumulation range around 160 days post-Halving, projecting a significant breakout as late as September 2024. This analysis is crucial as it sets expectations for investors looking for signs of Bitcoin’s next big move.
Historically, Bitcoin has always rejected from the Range High on the first attempt at a breakout after the Halving
Moreover, history suggests this Re-Accumulation should last much longer
Bitcoin tends to breakout from these Re-Accumulation Ranges only up to 160 days after… https://t.co/Jw7FcQui2Q pic.twitter.com/beLdOPqZOi
— Rekt Capital (@rektcapital) May 24, 2024
Meanwhile, recent price action from Bitcoin has led to substantial losses for some traders, with Coinglass data showing about .68 million in liquidations for Bitcoin long traders and .34 million for short traders over the past 24 hours.
Overall, the crypto market has seen total liquidations amounting to 2.07 million during the same period, affecting 78,874 traders.
Upcoming Challenges For The Bitcoin Market
According to Greeks.Live, the imminent expiry of a significant volume of Bitcoin and Ethereum options adds another layer of complexity to the market’s immediate future. 21,000 BTC in options are set to expire soon, with a Put Call Ratio of 0.88 and a Maxpain point at ,000, representing a notional value of .4 billion.
Similarly, 350,000 ETH options are nearing expiration, and their dynamics could influence the broader market due to their .3 billion notional value and a Put Call Ratio of 0.58.
May 24 Options Data
21,000 BTC options are about to expire with a Put Call Ratio of 0.88, Maxpain point of ,000 and notional value of .4 billion.
350,000 ETH options are about to expire with a Put Call Ratio of 0.58, Maxpain point of ,200 and notional value of .3… pic.twitter.com/rftA9kBm4q— Greeks.live (@GreeksLive) May 24, 2024
In this context, a put option gives the holder the right to sell an asset at a predetermined price within a specific timeframe, which is often used as protection against a decline in the asset’s price.
Conversely, a call option offers the right to buy under similar conditions and is typically utilized in anticipation of a price increase. The Put Call Ratio is a tool that helps gauge market sentiment, with a higher ratio indicating a bearish outlook and a lower ratio suggesting bullish conditions.
Featured image created with DALL·E, Chart from TradingView
Crypto Expert Willy Woo Predicts Bitcoin Has Room To Run – Here Are The Drivers
Crypto expert Willy Woo has predicted that Bitcoin will still make significant moves to the upside. He made this claim based on an indicator that suggests crypto investors are still willing to buy the flagship crypto at higher prices.
Bitcoin Still Has “A Lot Of Room To Run”
Woo mentioned in an X (formerly Twitter) post that Bitcoin still has a lot of room to run before the flagship crypto experiences a reversal or consolidation. To support his bullish sentiment, he shared a chart highlighting Bitcoin VWAP (Volume-Weighted Average Price). The crypto analyst further suggested that bulls were firmly in control, stating that he would hate to be a “trapped Bitcoin bear right now.”
The VWAP measures the average price of Bitcoin over a specific period and factors in the volume at each price level to determine the current sentiment in the market. The chart Woo shared showed that Bitcoin’s VWAP was currently on an upward trajectory. In a subsequent X post, Woo highlighted Bitcoin’s risk signal to further reinforce his bullish sentiment.
He noted that Bitcoin is still in the early stages in its liquidity cycle and is still doing “warm-up exercises.” He added that Bitcoin’s long-term frame risk signal is relatively low as it is still consolidating under all-time highs. He claimed that this risk “only starts climbing after the floodgates open,” meaning that the best is yet to come for Bitcoin.
Meanwhile, the wave of profit-taking by Bitcoin investors (since the crypto hit a new all-time high in March) looks to be done, which indicates that Bitcoin may be ready for its next leg up.
Woo confirmed that profit-taking has been completed as he provided an update on Bitcoin’s Spent Output Profit Ratio (SOPR). He noted that Bitcoin is undergoing a “very healthy reset, against a backdrop of capital flows into the network climbing again.”
Other Bullish Indicators For Bitcoin
Crypto analyst Crypto Jebb recently highlighted an inverse heads and shoulders pattern that had formed on Bitcoin’s chart. The analyst claimed this bullish pattern could send Bitcoin’s price to 0,000. The analyst also noted several other indicators currently signaling a bullish outlook for Bitcoin.
One is the Moving Average Convergence/Divergence (MACD), which he claimed had turned very bullish on the daily chart and indicated that the bulls were regaining control. He also highlighted a ‘green red green’ formation on the daily chart, which, according to Crypto Jebb, shows that Bitcoin is “doing very well.”
Meanwhile, crypto analyst Mikybull Crypto highlighted a striking similarity between Bitcoin’s 2020 post-halving price action and its price action after this halving. From the chart he shared, Bitcoin looks to be at the point of takeoff if it continues to mirror the price action from 2020.
Featured image from Pexels, chart from TradingView
Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst
An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally.
Bitcoin VWAP Oscillator Could Imply Potential For Further Upside
In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP) Oscillator for BTC might suggest regarding what could be next for the cryptocurrency.
The VWAP is an indicator that calculates the average price for any asset by taking into account the price fluctuations themselves and weighing the values against the trading volume.
This means that the prices of the assets where there was a higher volume of trading have a higher weightage in the average than those with only a low amount of volume.
Traditionally, the VWAP is a technical analysis indicator that considers the information available through spot exchanges. In the context of the current topic, the VWAP uses the on-chain volume of Bitcoin instead, which is readily viewable by anyone thanks to the blockchain’s transparency.
The indicator of interest here isn’t the VWAP but rather the VWAP Oscillator, as mentioned earlier. This metric keeps track of the ratio between the BTC spot price and the VWAP and presents it as an oscillator of around zero.
The chart below shows the trend of this Bitcoin indicator over the past couple of years.
The above graph shows that the Bitcoin VWAP Oscillator has been in negative territory for the past couple of months. However, the metric’s value has been rising recently, so if it continues on this trajectory, it might approach the neutral mark shortly.
In the chart, Woo has highlighted a trend that the indicator and the cryptocurrency’s price have historically shown. It seems that whenever the metric has formed a bottom in negative territory and rebounded back to the upside, the asset has enjoyed some bullish momentum.
The resulting price surge may last until the indicator reverses into the positive territory and forms a top. That hasn’t happened for the VWAP Oscillator this time yet. “Still a lot of room to run before reversal or consolidation,” says the analyst. “Hate to be a trapped Bitcoin bear right now.”
In other news, as CryptoQuant author Axel Adler Jr. pointed out in an X post, retail investors have bought 5.7 million worth of the asset over the past month.
BTC Price
At the time of writing, Bitcoin is floating around ,000, up 5% over the last week.
New Bull Run For Bitcoin If It Breaks This Level, Expert Addresses Elephant In The Room
The Bitcoin price is on the move as bulls take over the market and reclaim previously lost territory. While the rally signals potential, BTC still needs to overcome significant resistance at higher levels.
As of this writing, Bitcoin (BTC) trades at ,300 with a 5% profit in the last 24 hours. In the previous seven days, BTC recorded similar profits as other cryptocurrencies in the top 10 see gains for the first time in over two weeks.
,000 Are The ,000, A Bitcoin Bull Run In The Making
According to Bloomberg Intelligence’s Mike McGlone, the current Bitcoin price action is akin to that display before the 2020 bull run. At that time, macroeconomic forces influenced the crypto market as BTC prepared for a Halving event.
The cryptocurrency also struggled to reclaim a critical level of around ,000. McGlone believes that ,000 is similar to that level and that breaching it would open the door for further gains, but are the conditions given for such an event?
NewsBTC has reported that the biggest catalyzer for a Bitcoin bull run lies with the US Securities Exchange Commission (SEC). The cryptocurrency might have a massive capital inflow if the regulator approves a spot BTC Exchange Traded Fund (ETF).
Yesterday, asset manager Grayscale scored a victory against the Commission, and a US judge ruled in favor of the company in their Bitcoin ETF lawsuit. The expert commented the following on this development and how it can pave the way for a BTC rally:
The inevitable approval of Bitcoin exchange traded funds in the US is moving closer, but the elephant in the room for all risk assets remains – the Fed is still tightening (…). Sustaining back above ,000 would indicate a reversal upwards akin to a similar pattern around ,000 in 2H20.
Of course, McGlone doubts the cryptocurrency can push above ,000 in the short term. Despite the similarities between the current price action and 2020, there are two significant obstacles: the Fed’s monetary policy and the low liquidity in the financial markets.
As a result of these conditions, the chart below shows the BTC price trending to the downside, with volatility moving in the opposite direction. The expert believes this dynamic potentially sets the stage for Bitcoin to drop into the ,000 region.
While these factors remain, Bitcoin will likely move sideways around its current levels, but the cryptocurrency will keep its bullish structure even if this scenario plays out.
Cover image from Unsplash, chart from Tradingview
Cardano Finds Breathing Room At $0.35 Support – Is This Enough For ADA?
Cardano is somehow keeping in-step with cryptocurrency frontrunners Bitcoin and Ethereum, sitting on price increase on its intraday chart.
- Cardano failed to hold the .41 crucial support range and settle to the new support marker of .36
- ADA is forecasted to trade from $.0403 to .416 in the coming days
- Cardano addresses grow despite bearish market sentiments
Tracking from Coingecko shows the smart contract token is trading at .371, raising its price by almost 1% during a 24-hour period.
The altcoin, however, continues to struggle as it remains in the red zone on its 7-day and 14-day metrics, going down by 7.6% and 13.3%, respectively.
Investors, holders and traders are keeping close watch on the price movement of the crypto as it tries to bounce back after failing to sustain the .41 crucial support marker.
At first it appeared the asset was in for another steep fall, but it managed to cling into a new support range which could prove to be significant in determining the trend of its next price rally.
Cardano Hangs On To .35 Support
As seen from Cardano’s trading chart, the Bollinger band (blue line) continued to drop as ADA failed to hold the critical .41. It only stopped upon reaching the .35 marker.
Source: TradingView
Meanwhile, the crypto’s Relative Strength Index (RSI) tallied a low value of 23.4 which indicated Cardano was in oversold position and is primed for a price uptick.
If ADA manages to sustain its new support marker, a surge ranging from .403 to .416 will likely to happen over the next few days, enabling the token to start its own recovery along with other members of the crypto space.
However, if Cardano fails to hold this position again, bears will be given opportunity to gain profit as ADA will likely fall all the way to .336.
ADA Addresses Grow Despite Weak Value
In September 2021, Cardano managed to hit an all-time high value of .09. The crypto, however, already lost 80% of that value and continues to struggle to get even just to marker.
But despite the immense price tanking that the asset continues to experience since hitting its ATH, retail investors seem to be unfazed.
In fact there is a noticeable increase of ADA addresses, indicating the crypto is still commanding interest among participants in crypto space.
Holders of 100 to 1,000 Cardano tokens are now accounting for 1.15% of the network’s circulating supply, going up by 0.23% from the previous tally of 0.92%.
Meanwhile, an almost identical increase is also observed to holders of 1,000 to 10,000 ADA coins which grew by 0.59%.
ADA market cap at billion on the daily chart | Featured image from Shutterstock, Chart: TradingView.com
Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.
NewsBTC
Making Room for Crypto in Charity
With the exponential growth of blockchain, the world is finally witnessing the use cases of cryptocurrency and blockchain technology for social causes and non-profit organizations. There has been a positive movement within the space as several projects have begun donating portions of their revenue to charity.
However, there are very few direct connections between blockchain projects and nonprofit organizations that can actually benefit from the transparent technology. As a solution, Baby Santa, a DeFi protocol, is making it possible for investors and organizations alike to donate to charities via crypto. With features like convenience, transparency, and transaction speed, the platform aims to offer a gateway for investors to give back by donating to charity while earning through staking on their platform, thus becoming a new form of income for charities.
How is Crypto Helping Fundraise for Charities?
According to the Association of Fundraising Professionals (AFP), charity donations fell by 6% in 2020, resulting in a massive loss of revenue. Despite that, there has been a 17.2% rise in online fundraising compared to the prior year.
Integrating blockchain and crypto with charitable fundraising has further expanded the means by which organizations can collect funds. It has also offered a transparent medium for donations that instill trust in both the giver and the receiver.
Several organizations have started accepting donations in Bitcoin, Ether, stablecoins, as well as other digital currencies. Further, decentralized applications are now creating direct channels to contribute to social causes. With over 0 billion invested in this space, more initiatives seek methods to further the charity-in-crypto movement.
NFTs have recently become a frontier for fundraising, offering more than a direct monetary donations. There have been several recent instances where NFTs have been utilized to raise funds for charitable organizations. In March 2021, the Open Earth Foundation received million from the sale of Beeple’s NFT for charitable artwork.
This altruistic movement has made tremendous progress, providing the charity sector with transparency, inclusion, and a worldwide presence. There are, however, a few issues that continue to plague the charity sector.
Existing Challenges in the Industry
One of the primary issues with crypto charity is the lack of belief that money will reach the cause. There have been countless cases where donations gathered through the crypto funding platforms have not reached the intended recipient but instead have ended up in the wrong hands. For example, members of the FaZe Clan were suspended following charges that their ‘Save the Kids’ cryptocurrency was a hoax. And despite being endorsed by popular influencers, the token was subject to a rug pull.
Another challenge that confronts the charity tokens is the source of fund verification. Since cryptocurrency transactions are designed to be secret, it is difficult for highly reputable charities to verify the source funds received. This would create problems for organizations if the funds are received from unknown or malicious sources.
Baby Santa Simplifies the Crypto Charity Process
Baby Santa is a DeFi protocol focused on helping the less fortunate. The native cryptocurrency of the platform is the Baby Santa Token which is aimed to encourage the healthy development of charitable utility.
The idea behind Baby Santa is to provide value to the needy while also motivating investors and users of the platform to donate more. Baby Santa will act as a revenue-generating system where profits can be distributed to the needy. The project goes beyond that and also seeks to benefit its investors by enabling investors to earn a secondary form of income in the form of BUSD rewards. Holders will also have the option to compound earnings through Baby Santa’s Workshop Pools. It will also collect staking funds from staking tax and buybacks that will be distributed to the users who have staked their tokens.
Baby Santa will hold a 12 day of Christmas NFT lottery where users will be chosen by minting a seasonal NFT at the Nutcracker NFT Mint Event. The proceeds from this NFT mint will be donated to organizations and social causes that most need it. Furthermore, Baby Santa will have NFTs minted under the names of different regions, and the funds raised from these NFTs will be donated to causes specific to those regions.
Going beyond that, the platform will have a merchandise store whose proceeds will go to those in need. Even clothing collections will be made with seasonal themes, promoting the project and empowering the charity programs, which will be active throughout the year.
Moving Toward a More Charitable Future
Charitable intent was never something simple, as there have regularly been challenges caused by a lack of trust and transparency. However, the introduction of blockchain and crypto philanthropy has shown some promising outcomes. Baby Santa promises to be the gift of giving, spreading the Christmas spirit all year long.
Bitcoin MVRV Shows Top Isn’t In Yet, BTC Still Has Room To Grow
The MVRV indicator shows that Bitcoin currently hasn’t reached the top yet, and the crypto may still have room to grow.
Bitcoin MVRV Ratio May Show The Top Hasn’t Been Reached Yet
As pointed out by a CryptoQuant post, on-chain data suggests MVRV ratio values are still low right now, implying that the coin hasn’t yet made the top.
The Market Value to Realized Value (or MVRV in short) ratio is a Bitcoin indicator that’s defined as the market cap divided by the realized cap.
MVRV Ratio = Market Cap ÷ Realized Cap
The metric’s value tells us whether BTC’s current price is fair or not. If the ratio gets too high, it may mean that the coin is overvalued right now. This may imply there is selling pressure at this point.
On the other hand, the price of the coin may be considered undervalued during periods where the MVRV ratio is low. A buying pressure could be present while such values sustain.
Now, here is a chart that shows the trend in the value of this Bitcoin indicator over the past few years:
Looks like MVRV values are still not very high | Source: CryptoQuant
As the above graph shows, during all the previous bull runs, the indicator’s value has shown sharp spikes near the top.
Related Reading | Inflation fears sparks Bitcoin rally before Taproot – Crypto Roundup, Nov 15, 2021
As very high values suggest Bitcoin is overvalued and that a correction could come soon, the MVRV ratio may be used to spot tops. Similarly, low values may be considered good buying opportunities.
Looking at the chart, the indicator’s value now seems be lower than what was seen during the early 2021 rally (and also during the 2017 bull run). So this may imply that despite BTC declining in the past few days, the top may not be in yet. And the crypto could still have more room to grow.
BTC Price
At the time of writing, Bitcoin’s price floats around k, up 9% in the last seven days. Over the past thirty days, the coin has gained 5% in value.
The below chart shows the trend in the price of BTC over the last five days.
BTC’s price has dropped off in the last few days | Source: BTCUSD on TradingView
Since Bitcoin made its new all-time high around k, the coin has been trending downwards. In the past few days, the crypto has mostly shown sideways movement.
Related Reading | Preview Of The Peak: November Rains Red For Bitcoin Holders
There hasn’t been any sign of recovery yet, but if the MVRV ratio is anything to go by, BTC’s price may still have a while to go during this run.
Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com
NewsBTC
The Elephant in the Room: How This Project Addresses Human Reliance in Token Economy Models
Blockchain and DeFi protocols are only as strong as their weakest link
With today’s ever-growing blockchain landscape, token economies are bigger and more active than ever. When it comes to DeFi (decentralized finance) in particular, there is nearly billion locked in decentralized finance protocols, with users around the globe forming part of various innovative decentralized economies that are disrupting traditional finance.
The countless thousands of ecosystem participants that support these protocols and platforms, although kept safe by blockchain’s inherently secure infrastructure, also rely on what are mostly very capable project teams and treasury managers to efficiently manage token unlocks and distributions that take place after token sales, airdrops and other events. But this highlights an important issue, one that is often not spoken about alongside blockchain’s otherwise decentralized mechanics: human reliance within token economies is often a bomb waiting to go off and, as long as this human component exists within cryptocurrency and DeFi ecosystems, the space will not be fully decentralized.
Polkalokr, a new and highly customisable escrow platform built on the Polkadot blockchain, looks to offer a solution to this problem with governance-as-a-service and a model that takes token distribution out of the hands of projects teams. The team behind the protocol recently announced the closing of a successful private sale round, one that included prominent funds such as Moonrock Capital, AU21 Capital and LD Capital.
Bad actors and human error: Current token economies
The rapid evolution of blockchain technology and DeFi has seen some truly amazing solutions emerge in recent years that can tackle and replace wholly outdated frameworks across a plethora of industries in a decentralized manner. This being said, the complex token economies that underpin these projects can still arguably be viewed as centralized; project teams are more often than not the responsible party when it comes to token management and, with millions of dollars pouring into token sales at the height of crypto mania, this can lead to some troubling results.
Simply searching for the keywords “crypto scam” will net plenty of results that serve to illustrate the pitfalls accompanying centralized token holding models. Almost billion in user funds from across the cryptocurrency landscape was reportedly stolen in 2020 alone, with incidents ranging from poor private key management by project teams, to full-on exit scams by the founders themselves. These incidents all highlight the change in approach and overall token economy redesign that is required if blockchain’s promise of true decentralization is to be fulfilled.
Even when taking bad actors out of the equation, token treasuries are still not fully safe in the hands of project teams, as poor security practices or simply a lapse in judgment can result in millions of dollars of user funds being lost, locked or burned forever. The processes that run within smart contracts are complicated and unforgiving, with even the smartest of minds able to make a costly mistake at the touch of a button.
Putting the power back into participation
Headed up by a UK-based team with a strong background in computer programming and infrastructure project management, Polkalokr offers project developers a suite of modular building blocks enabling them to create trustless escrow payout options for a wide variety of use cases. The protocol’s versatile, multi-chain solution suits any token locking requirement and presents both projects and users with a myriad of new opportunities, including fully-customizable event-based token unlocks and monetization of locked tokens.
Polkalokr consists of Lokr and Swapr, with the latter product offering users cross-chain atomic swaps of any tokenized digital asset with privacy & multi-sig options. Functionality and useability is at the forefront of the protocol’s design and implementation; Polkalokr aims to give both projects and their participants access to a one-stop-shop with comprehensive locking, distribution, monetization, swapping and even insuring of the tokens that glue today’s blockchain ecosystems together.
Building natively on Polkadot, the Polkalokr team boasts a dedicated Rust developer that will deliver beyond the promises of many Polkadot-based projects, many of which have had to rely on Ethereum bridges alone so far due to a lack of qualified Rust and Solidity programmers in the blockchain space. Plans for a public token sale are to be announced in the coming weeks.
Image by Buffik from Pixabay