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Meme token airdrops and rewards have become popular strategies to engage communities and incentivize participation within the crypto space. Airdrops, often used as marketing tools, distribute free tokens to holders or potential users, creating buzz and expanding user bases. These tokens typically belong to meme-based projects that leverage humor and community sentiment to drive interest. Rewards programs often complement airdrops, encouraging users to engage with the platform through staking, trading, or social media interactions. By rewarding loyal participants, projects can foster a sense of community and loyalty, enhancing overall project sustainability. However, while airdrops and rewards can stimulate initial interest, they also come with risks. Many meme tokens lack substantial backing, leading to price volatility and potential losses for investors. Additionally, some projects may resort to airdrops as a way to pump prices temporarily, only to see them plummet after the event. Ul...

Cryptocurrencies are heating up as a bullish momentum grows in the cryptocurrency market, especially around what is known as “altcoins.” The total capitalization of all cryptocurrencies except Bitcoin (BTC) and Ethereum (ETH) broke out of a downtrend, signaling an altseason is starting. Finbold looked at TradingView ‘s TOTAL3 crypto index, summing up the market cap of all cryptocurrencies excluding the two leaders. With a $614.64 billion capitalization, the altcoins are starting a strong momentum, breaking out of a six-month downtrend. Notably, TOTAL3 made three subsequent lower highs since the 2024 highs in late March, creating significant resistance. The index tested this downtrend line from September 21 to 23, breaking out the resistance on September 24. Picks for you Warren Buffett just dumped $860 million of this stoc...

Major Wall Street firms are increasingly warming up to cryptocurrency, as evidenced by their stakes in the spot Bitcoin (BTC) exchange-traded fund (ETF). Specifically, financial filings indicate that major firms have made substantial bets on BlackRock’s (NYSE: BLK) Bitcoin ETF. This shift aligns with the product’s original goal of attracting institutional capital, particularly from influential players. Key investors include Capula Management which has emerged as the largest holder with 7,419,208 units, marking a significant increase in its stake. Goldman Sachs Group (NYSE: GS), follows closely, holding 6,215,241 units, with a recent addition of 4,719,208 units. Picks for you Trading expert outlines Bitcoin's path to $300,000 2 hours ago ...