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Crypto Market Recovery: Spotlight on DeepSnitch AI and Promising Altcoins cover
21 hours ago

Crypto Market Recovery: Spotlight on DeepSnitch AI and Promising Altcoins

The second full week of November has brought positive news for the cryptocurrency market, primarily fueled by developments in the U.S. government. The Senate has made progress in efforts to end the government shutdown, while President Trump announced a $2,000 dividend for citizens funded by tariff revenues. This combination of events has rekindled risk appetite among investors, leading to a notable recovery in crypto markets. Bitcoin surged to $106,000, a level not seen in nearly a week, while major altcoins like Ethereum (ETH), XRP, and Solana (SOL) also experienced significant gains, with XRP rising by 12% following the announcements. As investors seek the best altcoins to capitalize on this bullish momentum, two notable contenders have emerged: Litecoin (LTC) and Filecoin (FIL). Litecoin, often regarded as the original altcoin, has shown signs of recovery after a recent decline, trading above $105. Meanwhile, Filecoin has seen a remarkable rebound, nearly tripling in value to around $2.50 after hitting a low of $1.31. Both coins are considered undervalued and present potential growth opportunities as the market evolves. However, the standout in the current landscape is DeepSnitch AI, an innovative AI coin designed to bridge the information gap in crypto investing. With a presale that has already raised over $510,000 and an entry price of just $0.02244, DeepSnitch AI is positioned for exponential growth. Its unique value proposition, combining advanced AI technology with an engaging meme character, sets it apart from traditional altcoins. Investors are encouraged to act quickly to participate in the presale, as the potential for 100x returns is on the horizon. As the crypto market continues to evolve, identifying promising projects like DeepSnitch AI could lead to substantial rewards in the coming years.
Get Goated Season 2: Nubila Network Airdrop Announcement cover
2 days ago

Get Goated Season 2: Nubila Network Airdrop Announcement

The fifth reward phase of the Get Goated Season 2 has officially launched, highlighting the Nubila Network ($NB) as the latest DePIN project to join the initiative. This phase marks a significant step in the community rewards journey, building on the momentum of previous rounds. Participants who missed earlier rewards can refer to guides for Phases 1 through 4 to catch up. The timeline for this phase is crucial, with the eligibility review and zkPass completion window open from November 8 to 16, leading up to the token airdrop on November 17. Nubila Network is set to revolutionize the DePIN ecosystem by creating the Physical Perception Layer of the Autonomous AI Economy. This innovative project aims to establish a global network of hyperlocal weather and real-world sensors that convert chaotic offline environmental data into reliable on-chain data streams. By integrating verifiable real-world intelligence into AI, DeFi, and prediction markets, Nubila empowers autonomous agents to better understand and interact with their physical surroundings, enhancing risk pricing and real-time value coordination. The reward distribution model for the Nubila Network is designed to promote community engagement and contributions. It allocates 30% of rewards to users completing social tasks, 55% based on participants' BinoBits (BB), and 15% reserved for initial liquidity on Mimo. This structured approach ensures that rewards are reflective of active participation. As the airdrop approaches, participants are encouraged to verify their eligibility and allocations to seize this opportunity to be part of Nubila Network's growth within the IoTeX ecosystem.
BlockDAG Sets New Standard Amidst Crypto Market Volatility cover
2 days ago

BlockDAG Sets New Standard Amidst Crypto Market Volatility

Recent market analysis highlights the volatility of cryptocurrencies, particularly focusing on Bittensor (TAO) and FET. The price fluctuations of these assets underscore the speculative nature of the crypto market, raising questions about the sustainability of such chaotic cycles. Bittensor experienced a significant price surge following the launch of Europe’s first staked Bittensor ETP, reaching a 10-month high of $539, only to see a sharp 20% pullback as traders took profits. This has left the TAO price fluctuating between $382 and $386, with analysts monitoring key support levels as they anticipate the upcoming halving event in December 2025, which could impact supply and price dynamics. In contrast to the unpredictable nature of Bittensor and FET, the BlockDAG (BDAG) project is setting a new standard in the crypto space with its structured approach to presales. With over $435 million raised and a working testnet, BlockDAG has established a definitive presale end date of February 10, 2026. This strategic decision aims to create urgency based on a finite timeline and inherent scarcity, moving away from the typical marketing tactics seen in the industry. CEO Antony Turner emphasizes a shift towards a 'value era,' where the focus is on technology and fixed supply rather than promotional gimmicks. The contrasting strategies of BlockDAG and the volatility seen in Bittensor and FET illustrate the diverse landscape of the cryptocurrency market. While many projects are subject to speculative pressures and market noise, BlockDAG's clear timeline and substantial backing provide a stable opportunity for investors. This methodical approach not only enhances investor confidence but also signals a potential shift in how top-rated cryptocurrencies are launched, prioritizing structural certainty over chaos.
Filecoin (FIL) Surges Over 60% Amid DePIN Day Hype and AI Partnerships cover
4 days ago

Filecoin (FIL) Surges Over 60% Amid DePIN Day Hype and AI Partnerships

Filecoin (FIL) has recently experienced a remarkable surge, with its price skyrocketing over 60% within just 24 hours, making it the top-performing cryptocurrency of the day. This impressive rally has allowed FIL to outperform not only the broader altcoin market but also legacy assets like Bitcoin (BTC) and Ethereum (ETH). The surge is largely attributed to the excitement surrounding the upcoming DePIN Day, an event focused on decentralized physical infrastructure (DePIN), which has seen the sector rise by 11%. Despite being down 9% over the last month and nearly 45% year-over-year, FIL's recent performance signals a potential resurgence in decentralized data storage and Web3 infrastructure. The factors driving this rally include a significant increase in trading volume and a short squeeze in the derivatives market. Open interest for FIL has doubled to $110 million, while funding rates have turned negative at -0.0032724%, indicating a crowded market of short positions. As traders anticipate a price decline post-hype, the breakout above the $1.93 resistance zone has led to liquidations, forcing short sellers to buy back FIL at higher prices, thus amplifying the upward momentum. The trading volume surged by 996% to reach $1.72 billion, reflecting strong institutional interest in FIL. Moreover, partnerships with AI projects, such as SingularityNET, and enterprise deals like Microsoft's $9.7 billion cloud contract with IREN have bolstered the narrative around Filecoin's utility in decentralized storage solutions. While analysts caution that profit-taking may occur in the short term, macroeconomic factors, including potential resolutions to the U.S. government shutdown and recent Federal Reserve rate cuts, could provide a favorable environment for FIL. If these conditions align, Filecoin may see renewed interest, further solidifying its position in the rapidly evolving landscape of blockchain technology.
Bitcoin Stays Steady as Altcoins Like Filecoin and Zcash Surge cover
4 days ago

Bitcoin Stays Steady as Altcoins Like Filecoin and Zcash Surge

Over the weekend, Bitcoin maintained its position near the $100,000 mark, while traders began to shift their focus towards altcoins that presented clearer catalysts. This liquidity rotation indicates a strategic positioning ahead of potential market movements, as Bitcoin's performance remained relatively stagnant compared to the notable gains seen in select altcoins. According to data from Santiment, mid-cap tokens such as Filecoin, DASH, Internet Computer Protocol, and Zcash have outperformed the broader market, highlighting a trend where traders are gravitating towards assets with more defined fundamental narratives. Filecoin has emerged as a leader in this recent altcoin rally, surging over 60% in just 24 hours to reach approximately $3.47, marking its highest price since February. This surge is part of a larger trend towards decentralized physical infrastructure (DePIN), where Filecoin is establishing itself as a modular data layer for Web3 and AI applications. The recent outage of Amazon Web Services, which affected major platforms like Coinbase and Robinhood, has intensified discussions around the risks of centralized cloud services, further bolstering the case for decentralized alternatives. Additionally, Filecoin's fifth anniversary has seen an uptick in developer activity and significant milestones, showcasing its evolution from incentivized cold storage to supporting smart contract programmability through the Filecoin Virtual Machine (FVM). Privacy tokens, particularly Zcash, have also attracted new capital, with Zcash reaching a multi-year high of approximately $712 before experiencing a correction. Despite this pullback, Zcash remains significantly higher year-to-date, and interest has been fueled by comments from notable figures like Arthur Hayes, co-founder of BitMEX, who highlighted ZEC as a major position in his investment strategy. Similarly, DASH has seen a rise in privacy transaction volumes and developer engagement, indicating a broader trend of capital flowing into privacy and infrastructure tokens. While it remains uncertain if this marks the beginning of an altseason, the rapid inflows and trader focus suggest a proactive approach to positioning ahead of potential market catalysts.
Altcoin Price Rally: Filecoin and FET Surge Amid Market Recovery cover
4 days ago

Altcoin Price Rally: Filecoin and FET Surge Amid Market Recovery

The cryptocurrency market is experiencing a notable resurgence, highlighted by a significant altcoin price rally led by Filecoin (FIL) and the Artificial Superintelligence Alliance (FET). This bullish trend comes as the global digital asset market recovers from recent downturns, currently valued at approximately $3.45 trillion, reflecting a 1.35% increase. Investors are closely monitoring the performance of these altcoins, particularly as they outperform many of their counterparts in the market, raising questions about the sustainability of this rally. Filecoin is at the forefront of this surge, trading at $3.49, which represents an impressive 66.6% increase in just one day and a staggering 125% over the past week. The driving force behind this price surge is the anticipation of DePIN Day, an upcoming conference where Protocol Labs and partners will discuss decentralized data infrastructure. This event aligns with the growing interest in decentralized physical infrastructure networks (DePIN), which has seen a market cap increase of 6.45% this week. Additionally, Grayscale's holdings of FIL have reached a record 2.2 million tokens, indicating strong institutional confidence in the asset. Similarly, FET is also experiencing a price boost, currently trading at $0.3869, with notable increases of 53% in the last day and 60% over the week, despite a monthly decline of 27%. The trading volume for FET has skyrocketed to $1.19 billion, showcasing a remarkable 610% increase. The positive momentum for FET is attributed to the same DePIN event that benefits FIL, as well as the potential resolution of a lawsuit against Ocean Protocol, which could lead to the return of 286 million FET tokens. This development is expected to alleviate investor concerns regarding FET's governance and may pave the way for further price appreciation as the altcoin rally continues.
Filecoin, UnifAI, and Ordinals Surge Amid Market Rebound cover
4 days ago

Filecoin, UnifAI, and Ordinals Surge Amid Market Rebound

In the latest developments within the cryptocurrency market, Filecoin (FIL) has experienced a remarkable surge of 56% in just 24 hours. This increase can be attributed to the excitement surrounding DePIN Day, which is set to take place on November 18 in Buenos Aires, Argentina. The event focuses on decentralized physical infrastructure projects, enhancing Filecoin's relevance in Web3 infrastructure. Additionally, the demand for AI data management solutions has contributed to this rally, as the blockchain's recent upgrades have made it a more cost-effective alternative to traditional cloud storage services. The surge in trading volume and open interest indicates strong trader optimism, although profit-taking risks loom as the price approaches key resistance levels. UnifAI (UAI) also saw significant gains, rising by 50.55% over the same period. This rally was fueled by its recent listings on major exchanges like Binance and Bitget, which typically generate heightened interest and trading activity. The announcement of a token generation event (TGE) further amplified the excitement, as early investors rushed to capitalize on the new token's potential. However, the allocation of only 5.35% of UAI's total supply to investors raises concerns about long-term sell-off risks. Maintaining a price above $0.17 will be crucial for sustaining bullish momentum in the wake of these developments. Ordinals (ORDI) experienced a notable increase of 57.80%, driven by changes in Binance's margin trading policies and the introduction of cross-chain capabilities through partnerships. These developments have enhanced ORDI's utility within the decentralized finance (DeFi) space. The token's price broke above critical Fibonacci retracement levels, signaling bullish momentum, but it remains essential for ORDI to maintain its price above $6.64 to avoid potential profit-taking. Overall, the current market dynamics suggest that while altcoins like FIL, UAI, and ORDI are gaining traction, Bitcoin continues to dominate investor sentiment, reflecting a cautious approach amid ongoing macroeconomic uncertainties.
Filecoin's Remarkable Surge and Upcoming Opportunities cover
4 days ago

Filecoin's Remarkable Surge and Upcoming Opportunities

Filecoin has recently made headlines in the cryptocurrency community with a remarkable price surge, climbing from $1.30 to $3.80 in just 24 hours, before settling at $3.11. Often referred to as a "dino coin," Filecoin experienced significant growth between 2017 and 2021 but lost momentum in subsequent years. The latest increase in value is attributed to renewed investor interest, spurred by new partnerships and developments within its network. As blockchain adoption continues to expand, Filecoin's combination of utility and scalability is attracting traders looking for alternatives to Bitcoin and Ethereum. The recent rally is also linked to the upcoming DePIN Day on November 18, a pivotal event for the decentralized infrastructure sector. Analysts believe that this event may lead to significant announcements or partnerships that could further boost investor confidence in Filecoin. DePIN Day will feature discussions and networking opportunities with industry leaders, and there is anticipation surrounding innovations that could allow users to own and program their cloud storage. This excitement has contributed to Filecoin's impressive performance, which includes a nearly 60% increase in just 24 hours and a total rise of 114% over the past week. Looking ahead, technical analysis indicates that Filecoin has broken through key resistance levels, with bulls aiming for a target of $4. While the circulating supply of approximately 707 million coins suggests potential for future dilution, the overall trend remains bullish. Crypto analysts are optimistic about Filecoin's prospects, with some suggesting that it may have found a bottom. For investors seeking opportunities alongside Filecoin, presales like Pepenode (PEPENODE) present an attractive option, offering early exposure to innovative projects that combine gameplay and staking rewards, potentially enhancing returns in the evolving crypto landscape.
Filecoin Price Surge: Breaking Resistance and Bullish Outlook cover
5 days ago

Filecoin Price Surge: Breaking Resistance and Bullish Outlook

Filecoin (FIL) has recently experienced a significant price surge, breaking above both the 20-day and 50-day exponential moving averages (EMAs) for the first time since August. This bullish trend has been fueled by strong spot flows and upcoming catalysts such as the Dev Summit and DePIN Day, as FIL approaches the critical 200-day EMA level at $2.43. A close above this level would confirm a breakout, potentially opening the door for further gains towards the $2.80 to $3.00 range, while maintaining critical support at $1.90. The price of Filecoin has skyrocketed from lows of $1.30 to around $2.30 in less than 48 hours, indicating a robust bullish sentiment among traders. The rapid price movement was characterized by aggressive short covering, as evidenced by the spike in trading volumes across spot markets. As FIL broke through key resistance levels, buyers capitalized on the momentum, positioning themselves ahead of significant ecosystem events scheduled for November. The current market dynamics suggest a shift from passive accumulation to more aggressive buying strategies as demand for decentralized storage solutions continues to rise. Looking ahead, the outlook for Filecoin appears optimistic, with the potential for further upward movement if the price can maintain above the critical support zone. A daily close above $2.43 would signal a full breakout, allowing for targets of $2.80 and $3.00 to come into play. Conversely, failure to hold above $1.90 could invalidate the recent bullish trend, pushing FIL back into its previous consolidation range. As the market evolves, the focus will be on whether buyers can defend the new support levels and break the long-standing trendline that has constrained price movements throughout the year.
Binance Supports 0x Address Format for IoTeX Deposits and Withdrawals cover
5 days ago

Binance Supports 0x Address Format for IoTeX Deposits and Withdrawals

Binance has officially rolled out support for the 0x address format for IoTeX (IOTX) deposits and withdrawals on its web platform and mobile app. This update marks an important step in the IoTeX chain's ongoing effort to simplify interoperability and align with the standard Ethereum-style "0x" format. After carefully evaluating tradeoffs, the IoTeX team proposed deprecating the legacy "io1" format through IIP-40: Deprecate io1 Address Format in late 2024. Following open community discussion, the proposal was approved, paving the way for consistent address handling across exchanges and ecosystems. Binance’s implementation represents a major milestone toward global standardization, improving cross-chain compatibility and user experience for IOTX holders worldwide. As part of this change, Binance users will now see the 0x version of their existing deposit addresses. No action is required, as deposits sent to the older "io1" version of the same address will continue to work seamlessly. When withdrawing IOTX, users can now enter either address format: 0x… (new format) or io1… (legacy format). Both address formats remain fully supported during the transition, ensuring uninterrupted use for all users and exchanges. To make conversion simple, the IoTeX team has released an Address Converter Tool on the IoTeX Hub, allowing anyone to instantly switch between io1 and 0x formats. This milestone marks a major step forward for the IoTeX chain. With Binance now supporting the 0x format, the largest exchange in the world sets the precedent for others to follow, accelerating the transition toward a unified ecosystem for the Real-World AI economy. Beyond simplifying user experience and integrations, this upgrade strengthens the IoTeX L1's foundation for the AI-powered, real-world economy, where data, devices, and digital assets interact seamlessly across chains. IoTeX is uniquely positioned to capture the multi-trillion-dollar AI and data economy, trusted by partners like Google, Samsung, and others.
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