On Monday, the global cryptocurrency market exhibited an upward momentum, fueled by gains in major coins such as Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH). This upward trend resulted in a 1.8% increase in overall market capitalization, reaching $2.23 trillion over the past 24 hours. However, this surge has not deterred investors from accumulating more DIGI tokens.
Dogecoin (DOGE) has seen a massive surge of 133,880 active addresses, the highest in eight months. This indicates that investors have reignited their interest in the coin. Analysts believe this spike may be as a result of speculative interest, or network transactions. Nevertheless, such a spike in active addresses is often trailed by price volatility.
Dogecoin price is currently faced with a resistance at $0.116 and unless this level is breached, the upward momentum may be cut short abruptly.
Bitcoin reclaimed support at $64,000 on Monday, October 14, 6:00 pm EAT. In line with general market positive sentiment, the coin rose 1.81% in past day. This has been attributed to positive inflation data released and a potential interest rate cut by the Federal Reserve next month.
However, the bulls are yet to take over as analysts envisage price reversal if the price does not cross the $65,000 mark.
Despite the positive market sentiments and the rise of major altcoins, DigiHorse has witnessed a significant surge in accumulation. Investors are more aware of the need to diversify against market volatility and most especially, now acknowledge the value of DIGI tokens.
DIGI is the native token of DigiHorse, an NFT-horse racing platform that rewards players for breeding, and racing. Players also earn from trading assets on the platform such as racing gear. DigiHorse is the first GameFi application to introduce the concept of virtual real estate (Hippodromes) which proffers additional value to users. Hippodromes are virtual shelters for the horses but they can be rented for racing as well as let as ads spaces.
In the last 24 hours, over 5000 new investments have been made including whale activity. In total, over eight million $DIGI have been sold and DigiHorse (DIGI) is now in its fourth presale stage at $0.011743. Early investors enjoy more benefits as the token is set to be listed for $0.075.
For more details and to participate in the presale, please visit the official links:
Website: www.digihorseempires.io
Socials: https://linktr.ee/digihorseempires
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
London, UK, 16th October 2024, Chainwire
Sinagpore, Singapore, 16th October 2024, Chainwire
In a bold move to streamline Europe’s fragmented capital markets, a European Central Bank’s (ECB)…
The crypto world is heating up as two AI predictions shake the industry. Google Gemini…
The recent publication by the Central Bank of Russia titled "Digitalization of Payments and Implementation…
XRP recently set a new milestone in the cryptocurrency world, becoming the most traded coin…