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Moomoo Introduces 5.1% APY Cash Sweep Program For U.S. Investors

Moomoo

By Austin DeNoce, Benzinga Moomoo, an investment and trading platform known for its professional-grade tools and investor empowerment philosophy, has recently unveiled an upgrade to its Cash Sweep program. Aimed at U.S. investors, this program allows users to earn passive income on their idle cash with a 5.1% annual percentage yield (APY)*. Empowering Investors Moomoo focuses on providing tools and insights aimed at enhancing the capabilities of investors. The platform offers a variety of professional yet accessible tools designed to be useful for users ranging from beginners to more experienced investors. Moomoo seeks to positions itself as a platform that supports the concept of investing as a long-term endeavor, emphasizing its role that users can engage effectively in investment activities like buying and selling shares and performing various stock analyses. Moomoo’s platform provides real-time market data, free Level 2 data for funded accounts, advanced technical analysis tools and free detailed order book data to help users define and refine their trading strategies. With a mission driven by transparency, innovation and community, Moomoo aims to provide a comprehensive investment experience for individuals at every level of investing expertise. High APY With No Fees to Join At the heart of Moomoo's Cash Sweep program is a competitive APY of up to 5.1% for new and qualified users. This rate is notably higher than what is offered by traditional brokers, such as TD Ameritrade, which provides less than 1% APY as of the date of this article. Moreover, unlike other platforms that might attach various conditions or hidden user fees to their high-yield offerings, Moomoo maintains a transparent and straightforward approach to its cash sweep program. The program is free to join, has no account fees and has no cap on deposit amounts. Flexibility And Ease of Use Flexibility is another cornerstone of the Cash Sweep program. Investors have the freedom to withdraw or invest their funds at any time, meaning there are no lock-up periods for your money like with Certificate of Deposits (CDs), stablecoin staking platforms or the like. This ensures investors can quickly respond to potential market opportunities without affecting their brokerage account's purchasing power. The program is designed for ease of use, with interest accruing daily and being paid monthly, requiring no manual transfers from the users. Security And Peace of Mind Security is a paramount concern for any investor. Recognizing this, Moomoo partners with banks that provide coverage for the swept funds in the Cash Sweep program, which is insured by the Federal Deposit Insurance Corporation (FDIC) up to $1 million, subject to FDIC coverage limitations. Here’s how FDIC coverage works for cash sweep accounts and its limitations. When the uninvested cash in an investor’s brokerage account is swept to deposit accounts at Program Banks, it becomes eligible for FDIC insurance up to $1 million or $250,000 per Program Bank, inclusive of any other deposits they may already hold at the bank in the same ownership capacity, which may impact how much is covered. An investor is responsible for monitoring the total amount of deposits they have with each Program Bank in order to determine the extent of FDIC deposit insurance coverage available to them. MFI is not responsible for any insured or uninsured portion of the Deposit Accounts or any other deposits at the program banks. Moomoo’s Cash Sweep Program Moomoo's Cash Sweep program introduces an inventive approach for U.S. investors to potentially maximize returns on idle cash. With a 5.1% APY, this program seems to stand out as a robust opportunity to generate interest on idle cash. Beyond offering higher yields, this initiative also embodies Moomoo's commitment to transparency, innovation and fostering a sense of community among its users, aligning with its broader mission to redefine the investing experience. Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals. Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. *Cash Sweep 5.1% APY is only for new & users that meet either qualifying deposit, transfer, or referral requirements. If conditions are not met, the rate is 0.03%. Rate as of 11/9/23 and can change. Terms & conditions apply. The Moomoo Financial Inc. (MFI) Cash Sweep Program is a feature of your brokerage account. Interest is earned on the uninvested cash swept from your MFI brokerage account to program banks. Program banks then pay interest on your swept cash, minus any fees paid to MFI. The APY might change at any time at the program banks' or Moomoo Financial's discretion. Additionally, any fees Moomoo Financial receives may vary and is subject to change. Neither Moomoo Financial Inc. nor any of its affiliates are banks. For more information on the cash sweep program, click here. When the uninvested cash in your brokerage account is swept to deposit accounts at program banks, it becomes eligible for FDIC insurance up to $1 million or $250,000 per program bank, inclusive of any other deposits you may already hold at the bank in the same ownership capacity, which may impact how much is covered. You are responsible for monitoring the total amount of deposits that you have with each Program Bank, in order to determine the extent of FDIC deposit insurance coverage available to you. MFI is not responsible for any insured or uninsured portion of the Deposit Accounts or any other deposits at the program banks. Please note that until funds are swept to a program bank, they are held in your brokerage account which is protected by SIPC. Once funds are swept, they are no longer held in your brokerage account and are not protected by SIPC. However, these funds are eligible for FDIC insurance through the Program Banks subject to FDIC insurance coverage limits. Investing is risky. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. Benzinga was commissioned for this article and is not affiliated with the Moomoo app or its affiliated companies. This includes Moomoo Technologies Inc. (MTI) provider of the app and Moomoo Financial Inc. (MFI) Member FINRA/SIPC, which offers securities in the U.S. Contact Details Klim Yeeloy kyeeloy@us.moomoo.com Company Website http://www.moomoo.com

December 19, 2023 09:25 AM Eastern Standard Time

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Rally Ventures Announces Close of Rally Fund V at $240 Million

Rally Ventures

Rally Ventures, a leading venture capital firm focused on early-stage business technology, today announced the close of Rally Fund V, a $240 million fund to invest in companies bringing innovative approaches to enterprise technology. Fund V will continue Rally Ventures' history of investing in promising early-stage startups, with a strong focus on companies operating in the fields of AI/ML, cybersecurity, fintech and SaaS+. Since its founding in 2012, Rally Ventures has invested in 76 companies and has had 19 successful exits, including 3 initial public offerings. Rally Ventures has built a nationwide portfolio of sector-spanning investments, with over $1 billion AUM and consistently strong performance across funds. Notable investments from previous funds include Arctic Wolf, Bugcrowd, Harness, UiPath, Total Expert, Braze (IPO), Carbon Black (IPO, subsequently acquired by VMware), Coupa (IPO), SportsEngine (acquired by NBC Sports), Twistlock (acquired by Palo Alto Networks) and Verodin (acquired by FireEye). Rally Ventures recently announced the addition of former Google CIO Ben Fried, who strengthens the team’s expertise in engineering leadership, cybersecurity and AI/ML. Ben joins a team of three managing directors, four venture partners and seven professionals. “We’re excited to have Ben join the Rally team as we begin investing out of Rally Fund V,” said Jeff Hinck, Co-Founder and Managing Director at Rally Ventures. “We believe companies adopting AI aggressively can achieve an order of magnitude improvement in efficiencies and network effects enabling them to quickly and permanently surpass competition. Ben’s experience working for a company at the leading edge of technology will be a tremendous asset for Rally and our portfolio in discerning what will have a lasting impact vs what is just hype.” The Rally team includes a dynamic group of more than 100 Rally Tech Partners — executives, technologists and luminaries — who act as an extension to the Rally Ventures team and provide operating leverage for portfolio companies to help broaden the firm's capabilities. Rally Tech Partners have themselves invested more than $130 million into Rally Ventures funds. "While the industry has experienced some advancement, cybersecurity remains largely unsolved for the enterprise and it will remain a top priority for businesses and individuals," said Charles Beeler, Co-Founder and Managing Director at Rally Ventures. "We've seen great success from our investment team over the past two decades, and we're excited to continue investing in and creating cutting-edge solutions to protect against emerging threats." "SaaS+ and the world of vertically embedded fintech is remaking the financial industry,” said Justin Kaufenberg, Managing Director at Rally Ventures. “Rally Fund V will actively seek out companies that are driving innovation in embedded payments, insurance, lending, payroll, treasury management, spend management, funds distribution and every other part of the historically stand alone financial services stack." The Rally team is proud to have the continued support of existing limited partners and the addition of new investors with a long-term commitment to venture capital demonstrate their confidence in the team's ability to identify and nurture the next generation of tech leaders. About Rally Ventures Rally Ventures invests exclusively in early-stage business technology companies, focusing on entrepreneurs creating major new markets or bringing transformative approaches to existing ones. Since 1997, Rally Ventures' partners and venture capital industry veterans have invested in or run early stage enterprise business-to-business technology companies with a proven ability to deliver superior returns regardless of the overall market environment. For more information visit rallyventures.com. Contact Details Rally Ventures Rachel Subasic rachel@rallyventures.com Company Website https://www.rallyventures.com/

December 19, 2023 08:13 AM Central Standard Time

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Agora Data Revolutionizes Retail Auto at NADA 2024

Agora Data, Inc.

Agora Data, Inc., a fintech company transforming automotive financing for U.S. car dealerships by offering abundant, low-cost capital with precision loan performance data and analytics, will be attending and exhibiting at the National Automotive Dealer Association (NADA) Show. NADA 2024 is February 1-4 in Las Vegas at the Las Vegas Convention Center. Agora® will be present throughout the conference and at booth #6705N near the North Hall entrance. “Agora continues to expand our auto finance capabilities to help any car dealer build a revenue-generating non-prime auto loan portfolio by keeping customers in their ecosystem instead of passing the relationship and profits over to a bank,” said Brett Beebe, CRO of Agora Data. “Our innovative fintech approach generates additional revenue streams from auto loan payments, increasing profits beyond car sales and service departments.” Agora Data is revolutionizing the non-prime auto industry by offering capital and predictable performance of non-prime loans using advanced modeling and artificial intelligence (AI) to optimize loan portfolios and minimize risks. With Agora’s turnkey resources, including capital funding, legal structures, compliance, loan servicing, and technology efficiencies, a dealership can seamlessly and quickly build its non-prime auto loan portfolio. Dealers can easily improve portfolio performance by realizing revenue from the gross profit on cars and services and financing profit on loans. In December 2020, Agora Data made auto industry history by completing the first-ever crowdsourced non-prime auto securitization. This milestone achievement and succeeding private financing and other funding strategies provide auto dealers direct access to ample capital with favorable terms to help fuel their business. The company’s diversified capital financing resources open doors for car dealers to confidently gain access to a whole other consumer segment previously underserved. About Agora Data, Inc. Agora Data, Inc. is an automotive industry fintech revolutionizing financing for car dealers and finance companies. Car dealerships can secure affordable capital to build their own non-prime captive finance portfolio, obtain actionable loan performance data to support their lending portfolios and use a wide range of solutions to grow their business safely. Powered by patent pending artificial intelligence (AI) and machine learning technology, car dealers can access real-time data analytics and planning resources to help optimize the performance of their portfolios. For more information, visit www.agoradata.com or contact us at 1-877-592-4672. # # # Contact Details Shelly Vandeven media@agoradata.com Company Website https://agoradata.com/

December 19, 2023 08:06 AM Eastern Standard Time

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Investing in Cryptocurrency? Consider These 3 Top Picks for December 2023

Total Media

As December unfolds, the crypto market continues its journey, with Ripple (XRP), Avalanche Crypto (AVAX), and Pullix (PLX) gaining considerable attention. Each of these coins brings unique characteristics to the table. However, while XRP and AVAX are well-known, PLX is a new ICO currently in Stage 2 that experts forecast could become a 100x token in 2024. With over 3.2M tokens already sold, let’s find out what makes it appealing. The Galaxy CEO Mike Novogratz recently admitted he was wrong about Ripple (XRP). He stated that Ripple has now evolved into an institution with an XRP army behind it that supports its ecosystem. In terms of the Ripple price movement, it increased from $0.60 on December 13 to $0.63 on December 14. From a technical analysis standpoint, this bullish trend may continue as the Ripple crypto has now experienced 16 out of the last 30 days trading in the green. Moreover, it now has over 24 bullish technical indicators - great signs for its future. Due to all these reasons, experts forecast the Ripple value reaching $0.65 before the end of December 2023 - making XRP a good crypto to buy. Avalanche Crypto (AVAX): Open Interest Reaches New High On December 12, the Avalanche Crypto (AVAX) open interest reached a new all-time high of $413M after a month of buildup. The Avalanche Crypto price surged, rising from $27 on December 7 to $38 on December 14. The technical analysis of Avalanche Crypto also paints a bullish picture, with its value now sitting above its 50 and 100-day EMAs. It also boasts a 72 (Greed) on the Fear & Greed index. This is a bullish chart for Avalanche Crypto, and market analysts have taken notice. Therefore, they foresee its value reaching $41.58 before 2023 finishes in their Avalanche Crypto price predictions. Pullix (PLX): The Best Cryptocurrency To Buy Today Pullix (PLX), a relative newcomer, has swiftly made its mark with its unique approach to trading. This hybrid DeFi trading platform will allow you to trade all asset classes, including cryptocurrencies, forex, gold, and stocks, all within a unified account. Since it combines the best aspects of CEX and DEX, you will also experience a 1000:1 leverage, deep liquidity, and much more. This crypto ICO event has caused a frenzy among the crypto community, with global investors flooding the PLX presale. It is now in Stage 2 but has already sold 3.2M tokens while raising $134,400. But this interest was not caused by the exchange only; Pullix will incorporate many components in its ecosystem: Lending Protocol: Money markets for lending and borrowing, which will manage pools of assets with fixed interest rates. Copy Trading: An AI-backed algorithm will allow you to replicate the trades of other successful Pullix traders and capitalize off their choices. VaultX: This decentralized, multichain yield optimizer will let you compound interest on your cryptocurrencies for the highest APYs. All these features are powered by the PLX native token, now worth only $0.042. However, as the presale advances, so will its value. Those who bought it early on are already enjoying a 5% ROI. Since it taps into many markets, like the forex market, which Baby Pips claims is the biggest, experts are bullish that PLX could rise by 580% during its presale. This makes PLX the best crypto to buy right now. Final Remarks While December is underway, altcoins such as Ripple and Avalanche could rise. However, their growth is hindered by their high market caps ($34B and $14B), respectively. On the other hand, Pullix will not have this issue as it boasts a low market cap of $8M. This means it would only need $8M for its value (and returns) to double. You can capitalize on this growth by signing up for its presale. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Contact Details Total Media Solutions media@Totalsolutionspr.io

December 19, 2023 08:00 AM Eastern Standard Time

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Libertine Holdings now "all about sales" after period of technical focus

Libertine Holdings PLC

Libertine Holdings PLC (AIM:LIB) chief executive Sam Cockerill speaks to Thomas Warner from Proactive after the linear generator technology developer released its interim results for the six months to 30 September. Cockerill highlights key achievements in the past six months, Cockerill mentions the successful completion of work with Hyliion on the KARNO powertrain using Libertine's HEXAGEN platform. He also notes ongoing collaborations with Ashok Leyland for heavy-duty hybrid powertrain applications. These projects have significantly shaped the company's technology roadmap, focusing on performance and durability improvements for future partnerships set to commence in 2024. Cockerill emphasises the importance of customer insights in guiding Libertine's investments and product development, particularly in aligning their linear generators' performance with the durability, efficiency, and control requirements of upcoming development programs. Addressing shareholder concerns, Cockerill reassured that despite financial constraints, Libertine is in its strongest position regarding technological performance. The first half of the year's investments have convincingly demonstrated their technology's potential to major OEMs, particularly in distributed power generation and transport applications. For 2024, Libertine aims to translate its technical developments into commercial sales and revenue, focusing on ongoing discussions with OEMs and research organisations interested in their platform technology for combustion research applications. Cockerill expresses optimism about these partnerships driving sales and fostering technological advancements. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 19, 2023 07:29 AM Eastern Standard Time

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Why Has The Solana Price Dipped? This New Altcoin Has The Community Buzzing

Total Media

On 9th November we saw Solana hit $77, dipping to $64 on 13th November and currently standing at $72. Many Solana investors ask themselves why the dip happened. Is there a new altcoin that could rise despite the crypto market being down? Solana (SOL): Following the King With Bitcoin reaching the year's high at $44,620, many coins followed its surge. Solana followed with a 38% rise during the last month. Double that of Bitcoin with its 18%: However, the 11th December correction pushed Bitcoin down to $40,500. Although Solana has many benefits of its own, everything that happens with BTC echoes throughout the crypto community. As Bitcoin corrects itself to $40,500, Solana hits $68. We can also see Solana's second dip on the 13th, down to a week low of $64. This matches the Bitcoin price dip back to $40,800. As Bitcoin grows 4.7% today, Solana is up 10.14%. Every altcoin, even Solana, heavily depends on the SEC and ETF resolutions. However, until then, when BTC goes down, Solana will likely follow. Bitcoin, Solana, and other cryptos have fairly tied their fate together. Everlodge (ELDG): A New Altcoin That Surges Independently of Bitcoin There’s a new surging altcoin that isn’t as tied to Bitcoin as Solana and other altcoins. Everlodge is based on real estate and physical properties, making it dependent on real-world income streams instead of price speculation. Everlodge is the Airbnb of crypto. Villas and hotels are minted into fractionalized NFTs sold on an open market. Investors in those properties earn passive income from the renting profits. This feature makes Everlodge more resistant to Bitcoin dips since the passive income remains the same regardless of Bitcoin's price. If Bitcoin were to disappear, Everlodge would still be here shooting passive profits to your wallet. At the same time, Everlodge gains popularity as crypto does as well. Because of the additional interest in the project, Bitcoin's growth makes Everlodge grow as well. This makes Everlodge unique in its feature of benefiting from Bitcoin growth while also avoiding being brought down when Bitcoin is falling. You can purchase fractions of real estate instead of a whole house and still enjoy the perks of being an owner. By holding the ERC-20 token you can even earn free stays in properties across the ecosystem. This approach that guarantees passive income has been hailed by many for its dip-resistant features. While also holding a huge growth potential in the $300 trillion real estate market. Because of these features, analysts are predicting it is going to hit $0.035 during the presale phase and hit x30 at the launch date. It won’t be available at these prices for long as the presale moves forward. Visit the official Everlodge website before these low prices are no longer available. Contact Details Total Media Solutions media@Totalsolutionspr.io

December 19, 2023 07:00 AM Eastern Standard Time

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As Enthusiasm Softens Around Avalanche (AVAX) and Fantom (FTM) Coins, Pullix (PLX), Presale Builds Unstoppable Buzz

Total Media

The recent price drop suffered by Avalanche and Fantom has created doubt in the hearts of traders. They have slowed down on accumulation and gone to new ICO tokens like Pullix. Let's find out why. Avalanche (AVAX) Falls Below $40 Over the last few days, Avalanche (AVAX) experienced a significant rise, surpassing the $25 resistance. AVAX increased by more than 50%, surpassing multiple obstacles in the $30 range. Avalanche surged beyond $40 before succumbing to bearish pressure. Avalanche crypto recently reached a fresh multi-month high above $43.06. The token, however, had a negative adjustment. This resulted in a 15% drop in price, with the price falling below $38. Looking ahead, Avalanche has an immediate hurdle around the $38.00 zone. If Avalanche crypto price fails to go higher towards the $38.00 or $40.00 levels, it could drop to $35. Avalanche crypto is still trading above $30, fluctuating between $25.45 and $42.28. While the token is down 12% on the daily chart, it has a 37% gain on the weekly chart. Fantom (FTM) Under Bearish Hold In recent weeks, the Fantom (FTM) network has conducted several projects to increase its blockchain's active user base. Despite this growing network activity, Fantom coin experienced a recent decline in its price. According to CoinMarketCap, the Fantom price dropped 4% on December 13th from a high of $0.406953 to a low of $0.366386. Nevertheless, the Fantom price is 8.6% and 13.4% up on the weekly and monthly charts, respectively. Santiment data has shown that Fantom's Network Growth has increased recently. New addresses are being created on the network. According to analysts, Fantom crypto is predicted to rise 26.15% to $0.463565. Pullix (PLX), DeFi Swap and Copy Trading Platform Pullix (PLX) would function as a platform that is aimed to centralize trading options and increase liquidity. This would allow traders to access various assets like Forex pairs and Gold using a single account. The Forex market holds the top spot in the financial world with a massive daily volume of $6.6 trillion. Users no longer need numerous accounts or devices to trade different assets with Pullix. Instead, they can transition between asset classes with ease by using a single account and device. This makes Pullix's native token, PLX, the best crypto to invest in. The platform's connectivity to the Forex market could result in a capital inflow into the exchange. Such ties would attract more investors, thereby increasing the adoption of the PLX token. Subsequently, the value of the token will soar as well. Two crucial components of the ecosystem are swaps and copy trading. Pullix DeFi swap simplifies token trading with low fees. Pullix also serves as a completely decentralized exchange. Trading takes place against a liquidity pool using the automated market maker model (AMM), avoiding the necessity for a direct match with another trader. Pullix has also integrated AI-supported algorithms. Users would be able to emulate the most successful traders in the ecosystem. By doing so, they get to earn more tokens and increase their chances of success. Analysts have tipped Pullix as the best crypto to invest in. Conclusion Pullix is the new ICO traders are moving to as Avalanche and Fantom drop prices. The project has features like the Swap and copy trading options that help users increase their earnings. The Pullix token is currently up for sale at just $0.042 per piece. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Contact Details Total Media Solutions media@Totalsolutionspr.io

December 19, 2023 06:00 AM Eastern Standard Time

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TRON Enhances User Experience with Strategic Blockchain.com Pay Integration

TRON DAO

Geneva, Switzerland, December 18, 2023 - TRON, a leading force in blockchain technology, has announced an integration with Blockchain.com Pay. This move is set to innovate the way cryptocurrency transactions are handled for TRON’s extensive user community. Blockchain.com Pay, aims to provide web3, gaming, and retail sectors with advanced crypto services. This integration with TRON is a significant stride toward simplifying the crypto experience, ensuring a smooth and intuitive journey for users. TRON’s community will benefit from the efficient infrastructure and seamless liquidity access provided by Blockchain.com Pay, available through a simple widget. This development is in line with TRON's commitment to improving user experience and making crypto transactions more accessible and convenient. One of the notable aspects of Blockchain.com Pay is its integration with Blockchain.com's substantial base of over 40 million verified users. This vast network allows for a more efficient KYC procedure and transaction process, benefiting the ecosystem’s users and partners. David Uhryniak, Ecosystem Lead at TRON DAO, said, "TRON is thrilled to integrate Blockchain.com’s solution, Blockchain.com Pay, into the TRON ecosystem. The single widget solution will enable TRON DAO website visitors in supported countries to purchase TRX, the native token of TRON." Blockchain.com Pay aims to challenge existing market solutions like MoonPay and Banxa by offering a comprehensive package that includes fraud management, compliance, KYC, and customer support – all within one integrated system. Lane Kasselman, President of Blockchain.com, expressed his views on this development: “Working with TRON to incorporate Blockchain.com Pay into their ecosystem is a significant move towards simplifying crypto transactions. The combination of TRON's extensive network and our user-friendly platform will greatly benefit crypto users worldwide.” With this integration, TRON and Blockchain.com Pay are set to provide a streamlined, one-click experience for existing Blockchain.com users, This step not only makes entering the crypto space easier for users but also reinforces TRON’s commitment to making blockchain technology more accessible and user-friendly. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of December 2023, it has over 202.04 million total user accounts on the blockchain, more than 6.87 billion total transactions, and over $20.04 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

December 18, 2023 07:40 PM Eastern Standard Time

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Trump Launches NFT Mugshot Collection on Polygon as NFTs Show Signs of Comeback

RoundHouse Media

The former U.S. president, Donald Trump, is back on the NFT scene. Trump has launched another collection after generating millions of dollars in sales of his first two collections. His latest collection is his largest set of NFTs to date. And Trump's recently launched NFT collection is also right on cue. The debut of his latest collection comes amidst a resurgence in the NFT space. Sales of these digital assets have skyrocketed, exciting users. Another sector that has seen a boom is crypto presales. Creating the ultimate solution, Galaxy Fox ($GFOX) has raised over $1 million in just a few weeks. >>BUY $GFOX TOKENS<< President Trump Has Launched An NFT Collection of His Mugshots Seemingly enjoying NFT's spotlight, former president Donald Trump has launched his third NFT collection: Trump Digital Trading Cards: MugShot Edition. But there's already been some hype about his latest NFT collection, as this collection features the infamous mugshot that was taken in Georgia on August 24. Trump has turned an unprecedented moment in American history into an NFT collection of 100,000 collectibles. Some collectibles are touted as "the only one in the world." Unconventional? Yes, but this NFT collection was greeted with great success. While each collectible is priced at $99 apiece, series 1 & 2 sold out in hours. They were also launched on the Polygon network, tapping from its scalability. Also, the buzz generated from Trump's latest NFT journey comes at a time of resurgence for these assets. NFTs Have Forced a Comeback In 2021 and early 2022, non-fungible tokens were at the height of their prowess. However, the crypto winter struck, causing the prices of most digital assets to collapse. NFTs took a hit as trading volumes fell to multi-year lows in 2023. Now, the comeback is on. Over the last 30 days, more than $1.2 billion worth of NFTs have been sold across all networks. That is 88% more than the previous 30 days. It's also the highest volume recorded over several months. NFTs aren't the only ones generating excitement. A new crypto presale project has raised over $1 million in funding within weeks. Let's find out why. >>BUY $GFOX TOKENS<< Galaxy Fox ($GFOX) Has Raised Over $1 Million in Weeks Cryptocurrency investors are constantly on the lookout for the best ICO as they offer lucrative avenues into top projects. It's no wonder why Galaxy Fox ($GFOX) has raised over $1 million in just a few weeks. The project has shown all it takes to become the next big thing in the GameFi space. There's so much going on right now for Galaxy Fox. Firstly, it has a top-tier game built in an immersive virtual world. The game is unlike any ever launched in the crypto space. Players are taken on a journey through an entire cosmos dominated by smart, intuitive foxes. These are not just any foxes. Each character is absolutely unique to the player who chooses them. The game is also more profitable than other competing GameFi titles. Designed with one goal – to help gamers turn their skills into real cash. The team has also included other features for a more inclusive ecosystem. Features such as an NFT marketplace, real-world merchandise, a taxation system, deflationary tokenomics, and staking rewards are all present on Galaxy Fox. The network token, $GFOX, has also benefited from the influx of investors. The price of $GFOX has jumped by more than 70% to trade at $0.001122 per token. Given the rapid rate of expansion, analysts have forecasted a 100x surge for the token in this bull market. Closing Thoughts Trump's latest foray into the NFT space is perfectly timed. The sector-wide growth probably played a part in the hot demand for his collectibles. Just like these NFTs, Galaxy FOX is also in hot demand from investors. With all the recipes of success, Galaxy Fox has been ranked as the best new crypto to buy. With crypto presale offering $GFOX at a discounted price, now is the perfect time to join this exciting project. Learn more about Galaxy Fox ($GFOX) here: Visit Galaxy Fox Presale | Join The Telegram Group | Follow Galaxy Fox on Twitter Memecoin market is saturated with silly dog coin knock-offs and dodgy Pepe joke coins. What was once a thriving and fun-filled space has lately devolved into a wasteland of coins that lack real utility or serious development – or even something just to make you laugh, like OG memcoins of the past Doge and Shiba Inu once inspired. Contact Details Team media@galaxyfox.io

December 18, 2023 01:00 PM Eastern Standard Time

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