As the crypto market evolves, XYZVerse (XYZ) emerges as a promising meme coin, merging sports and community for explosive growth.
Table of Contents
Score big with XYZ: The new meme coin heavyweight
Own the field, earn while the crowd plays
Missed meme coin supercycle?
Rallying the community, securing the win
Notcoin
Kaspa
Ethena
Wormhole
Conclusion
In the ever-evolving world of cryptocurrencies, the search for the next altcoin poised for explosive growth intensifies. Investors and enthusiasts are buzzing about a new player that could redefine the meme coin landscape. This emerging digital asset is generating intrigue, promising significant potential gains for those who tap into its momentum early. XYZVerse (XYZ) merges sports fandom with meme culture, aiming for monumental growth through community engagement and strategic partnerships.
Score big with XYZ: The new meme coin heavyweight
The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake.
Own the field, earn while the crowd plays
XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action.
Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption.
Missed meme coin supercycle?
By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records!
Rallying the community, securing the win
XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community.
Notcoin
Over the past week, Notcoin (NOT) has seen a modest increase of 4.36% in its price. This short-term gain contrasts with its performance over the past month, where the coin has experienced a decline of 9.42%. Despite this recent dip, NOT has shown remarkable growth over the last six months, with its price soaring by 275.82%.
Currently trading between $0.0066474333 and $0.0091719333, NOT is near its 10-day simple moving average of $0.007438 and slightly below the 100-day average of $0.007706. The Relative Strength Index (RSI) stands at 58.16, indicating neutral momentum. However, the Stochastic oscillator is at 90.58, suggesting the coin might be in overbought territory. The MACD level of 0.000013169 points to a subtle bullish signal.
Kaspa
Kaspa (KAS) has seen significant price movements recently. In the past week, its price decreased by 9.50%, and over the past month, it dropped by 19.92%. However, looking at a broader timeline, the price has increased by 12.40% over the past six months, suggesting potential long-term growth.
Currently, KAS is trading between $0.13 and $0.16. The nearest resistance level is at $0.17, followed by a second resistance at $0.20. If the price breaks through these levels, it could indicate a bullish trend. On the other hand, the nearest support level is at $0.12, with a secondary support at $0.10, which might prevent further decline.
Ethena
Ethena (ENA) has experienced significant fluctuations over the past six months. In the last week, the price dipped slightly by 0.52%. However, over the past month, it saw a substantial increase of 21.77%. Despite this recent growth, the coin has dropped by 73.48% over the past six months, indicating a long-term downward trend.
The recent monthly surge suggests a potential recovery, but the slight weekly decline might indicate resistance ahead. The Relative Strength Index (RSI) stands at 58.20, suggesting the coin is approaching overbought territory. The Stochastic indicator is at 78.88, reinforcing this sentiment. These metrics could mean that ENA’s price might face downward pressure in the short term.
Wormhole
Wormhole (W) has seen notable price swings recently. Over the past week, its price decreased by 2.65%, settling between $0.27 and $0.41. Despite this drop, the coin surged by 48.75% in the past month. However, over six months, W’s price has fallen by 43.25%, showing significant volatility.
Technical indicators provide mixed signals. The RSI is at 62.65, nearing overbought levels, while the Stochastic at 89.17 suggests the asset may be overbought. The 10-day and 100-day Simple Moving Averages are at $0.30 and $0.31, indicating a stable short-term trend aligning with the long-term.
Conclusion
NOT, KAS, ENA, W, and W are promising, but XYZVerse uniquely unites sports fans in a memecoin aiming for 20,000% growth and cultural impact.
For more information, visit the XYZVerse website or follow the project on X and Telegram for the latest updates.
Read more:
Crypto market looks bearish ahead of CPI report, BTC at $60k
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Navigating the AI compute craze as a retail investor in the web3 era | Opinion
By Ariel Shapira
October 12, 2024 at 5:08 am
Edited by Max Yakubowski
Opinion
Navigating the AI compute craze as a retail investor in the web3 era | Opinion
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
As we approach the end of 2024 and reflect on the technological advancements it brought, the buzz surrounding artificial intelligence and high-performance computing continues to overshadow all other web3 developments. As such, this year saw an overwhelming customer demand for AI products and even greater pressure on data centers to deliver AI infrastructure to boost efficiency.
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With companies racing to adopt these technologies, many have considered investing in compute resources like graphic processing unit chips, commonly used for training AI models, blockchains, autonomous vehicles, and other emerging applications. But before organizations fully embrace the exciting potential of this hardware, we need to carefully consider the complexities and challenges that come with them.
It’s true that the promise of AI is indeed enticing. Just look at the stats from OpenAI’s ChatGPT, which garners over 200 million active weekly users. From automating mundane tasks to driving sophisticated analytics, the potential of AI and large language models is vast, and these technologies are here to stay.
The growth has just started
Unsurprisingly, organizations are eager to gain a competitive edge through AI, leading major players like Meta and Apple to invest in the software that supports this technology.
A recent report from Bain & Company—a management consulting company—revealed that AI workloads are expected to grow 25 to 35 percent annually over the next several years, pushing the AI-related hardware and software market to between $780 billion and $990 billion by 2027.
However, investing in compute resources involves more than just purchasing hardware or subscribing to a cloud service. If we’re assessing some of the barriers to investing in this software, one of the biggest hurdles investors face is the initial cost.
The costs of advanced GPUs like NVIDIA’s A100 or H100 can be upwards of millions of dollars, with additional costs for servers, cooling systems, or the electricity needed to power the devices. This presents a challenge for retail investors looking to add this technology to their portfolios, often limiting investment opportunities to powerful corporations.
Beyond the hefty price tag, the hardware itself isn’t for the faint of heart. It requires a thorough understanding of optimizing and managing these resources effectively. Investors should have specialized knowledge in the hardware and software, making technical expertise a prerequisite.
Even if affordability and technical challenges weren’t barriers to investing, a significant obstacle remains: Supply or lack thereof. The Bain & Company report reveals that demand for AI components could grow by 30 percent or more, outpacing supply capabilities.
While investing in compute may seem out of reach, there are new models making it more accessible to everyday investors, allowing them to tap into the potential of advanced computing despite existing barriers.
Tokenization as a solution
Through the tokenization of high-compute GPU resources, Exabits offers users an opportunity to become stakeholders in the AI compute economy, allowing them to earn rewards and revenue without needing to manage the complexities of hardware ownership. With affordable entry points and reward systems, Exabits allows individuals to participate in the demand for GPU resources while avoiding the risks associated with direct investment, making investing in AI compute more accessible.
Exabits has coined its business model, “The Four Seasons of GPU,” emphasizing quality assurance and consistency across its GPU offerings. Just as the Four Seasons is world renowned for its high service standards, “The Four Seasons of GPU” provides quality-guaranteed hardware that investors can trust. Investors can rely on Exabits for personalized assistance, similar to the hotel’s commitment to customer satisfaction. As a platform and a business, Exabits aims to provide equal opportunities for investors to participate in this growing AI compute economy.
As demand for computation rises, so does the appetite for investment opportunities within this rapidly emerging space. With the ongoing growth of AI, blockchain, and other tech trends, the future of GPU development will depend on the industry’s ability to meet these demands and create opportunities that continue to broaden access to this esteemed technology.
