Newsletter by Tokenize Xchange (Vol.307 | September 2024)
What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
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🗞 Crypto News Recap: The Top 3 Stories
1/ DRiP: Solana Creator Platform Raises $8 Million in Seed Round
DRiP, a decentralized creator platform built on the Solana blockchain, has successfully secured $8 million in a seed funding round led by Multicoin Capital. The investment will be used to develop DRiP’s platform further and expand its ecosystem.
2/ TONCOIN Rebounds Amidst The Slow Market
Following the recent release of Telegram CEO Pavel Duro, the TONCOIN token has begun to show signs of recovery. This positive development has instilled renewed optimism within the TON community, even as the broader cryptocurrency market faces challenges.
3/ Ethereum Stablecoin Volume Hits Record High as DeFi Demand Increases
The Ethereum ecosystem continues to thrive, with stablecoin volume reaching a new all-time high of $1.46 trillion. This surge is primarily driven by the growing demand for decentralized finance (DeFi) applications built on the Ethereum blockchain.
📚 Technical Analysis
In a comprehensive analysis, various factors such as trading volume, market sentiment, and support and resistance levels are considered to understand the market conditions thoroughly.
Weekly Bitcoin (BTC) Technical Analysis (Sep 09th ~ Sep 15th, 2024)
Weekly Ethereum (ETH) Technical Analysis (Sep 09th ~ Sep 15th, 2024)
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Disclaimer
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.
