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Dissatisfied By Candidates This Election? Check Out The Latest Meme Coin Revolution Mixing Politics With Crypto Profits And Some Laughs

Benzinga

By Austin DeNoce, Benzinga As the 2024 U.S. presidential election draws near, an unprecedented level of dissatisfaction seems evident among voters regarding the two leading candidates. Current polling data from 538 reveals that both former President Donald Trump and current President Joe Biden are struggling with unfavorable ratings – 53% for Trump and 55% for Biden. This general discontent reflects a unique scenario in American politics where both major-party candidates are simultaneously unpopular – which is a rare occurrence historically. The dynamics of this election thus seem to be less about choosing the more popular candidate and more about dealing with the deep-seated disapproval each candidate garners. But voters who are also crypto enthusiasts can now find solace in a new guilty pleasure: political meme coins. The Rise Of Political Meme Coins In this atmosphere of widespread voter dissatisfaction, political meme coins have emerged as a novel form of relief, adding a touch of humor and levity to the electoral process. There are already meme coins about Tucker Carlson ($TOOKER) and Alex Jones ($JOWNES), among others. Noteworthy among these is the $TREMP coin inspired by former President Donald Trump. These digital tokens, while initially created for amusement, have started to carve out a niche within the crypto community. The introduction of meme coins like $TREMP into the political discourse is providing a light-hearted alternative to the typically grave discussions surrounding presidential campaigns and giving voters a unique opportunity to speculate on politics or, at the very least, have a laugh at their growing popularity and humorous commentary on current events. A lot of these coins, like $TREMP, emulate real-world events and engage other politically inspired meme coins in the community. However, unlike real-world election conversation, the back and forth between crypto-candidates and Polifi tokens is light-hearted and also meant to entertain. Spotlight On $TREMP Coin The $TREMP coin was launched on February 28 and saw a rapid rise in interest and market cap, reaching $100 million within its first month. To put that in perspective, CoinGecko data puts the total market cap for “PolitiFi” coins – as these new coins are called – at about $690 million as of May 13 and growing, up over 20% in the prior 24 hours. After the original creator of the $TREMP coin stepped back, the community took over, propelling $TREMP into a prominent position among political meme coins. The involvement of figures such as Anatoly Yakovenko from Solana Labs has further legitimized its presence in the crypto world. Recently, the $TREMP team announced the recruitment of Dustin Stockton, a known conservative strategist who previously worked for the Newt Gingrich Presidential campaign in 2012 and under Steve Bannon at Breitbart in the lead-up to 2016, emphasizing their commitment to mimic real-world political campaigns in a satirical yet engaging manner. This has not only increased its visibility but also highlighted the potential of meme coins to influence political narratives in real time. It may also be a catalyst for broader political and regulatory discussions about the crypto industry and its future role in finance. Trump’s Crypto Endorsements And $TREMP Donald Trump’s recent pro-crypto comments at a gathering in Mar-a-Lago mark a significant pivot in his stance toward the cryptocurrency industry, which is in contrast to the Biden administration's more stringent regulatory approach. Trump’s endorsement has also stirred considerable interest in political meme coins, particularly $TREMP, reflecting the irony of how these ‘joke’ tokens are increasingly becoming a topic of legitimate discussion in political campaigning. As these tokens gain traction, they offer a unique and humorous lens through which the public can engage with the often polarizing figures of real-world politics. This is the first election where such a thing is possible, blurring the lines between satire and serious political commentary. Political meme coins like $TREMP demonstrate the changing landscape of voter engagement and discourse, providing a unique, albeit unconventional, way to engage in and speculate on the electoral process. Featured photo by Element5 Digital on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 17, 2024 08:35 AM Eastern Daylight Time

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Pioneering Education With AI-Driven EdTech Firm Amesite (NASDAQ: AMST): Insights From CEO Dr. Ann Marie Sastry

Benzinga

By James Blacker Amesite Inc (NASDAQ: AMST) CEO Dr. Ann Marie Sastry spoke with Benzinga recently about the company’s mission and the transformative role of Artificial Intelligence (AI) in education. Below, we take a look at the key insights gathered from the interview, including Amesite’s unique approach and vision for the future. What Is Amesite? Amesite is an AI software company dedicated to building platforms and apps that facilitate learning. Their focus ranges from colleges and universities to individual consumers, with an emphasis on accessibility and effectiveness in education. What Sets Amesite Apart From Its Competitors? Other names in the space include Coursera Inc (NYSE: COUR), 2U Inc (NASDAQ: TWOU) and Udemy Inc (NASDAQ: UDMY). According to Dr. Sastry, Amesite gets its competitive edge from the use of AI coupled with a student-centric approach. The company aims to provide not just content but also the tools necessary for success. This is especially true for professional learning, Dr. Sastry noted, which is a lifelong endeavor and has a big impact on financial security and career growth. Amesite’s approach appears to be paying off, as in February the company reported an overall retention rate of 98% for paid learning experiences on its platform, far exceeding the industry average of 68-73%. Why Is Amesite Focused On Education? Continuous upskilling is essential in the world of work. Most of what people do on a daily basis is learned after formal education. The CEO highlighted the pitfalls of traditional learning management systems, which are mainly content repositories and lack a well-designed user experience. Course aggregators, meanwhile, offer courses on everything, making it difficult for consumers to pick out exactly what they need. Amesite, therefore, sees its partnership model with colleges and universities as an ideal way to curate relevant content and tools, addressing the diverse learning needs of individuals and ensuring localized, impactful education solutions. What Does Amesite Foresee Will Be The Next Evolution Of AI In This Space? Amesite invested early in AI and was discussing the technology even back when the company was founded in 2018, shared Dr. Sastry. In April, the company announced the beta release of its new NurseMagic TM app, which uses AI to provide helpful and easy-to-use tools for over 5.2 million nurses. Dr. Sastry sees this strategic shift towards mobile apps as a way to provide people with faster access to AI-powered learning tools. “Surf the AI wave. Make sure you have access to those tools so you can be competitive. That’s something we’re extremely excited about,” she said. Key Targets And Goals For The Company Amesite recently moved to a no-fee model for its higher ed platform, where customers pay monthly per user instead of paying set-up fees. Since then, the company has announced several five-year deals with colleges and universities. It most recently partnered with Volunteer State Community College and Joliet Junior College in March. These partnerships enable tailored learning experiences, addressing regional needs and industry demands. Dr. Sastry highlighted implicit bias training and active shooter preparedness as programs that Amesite now makes available nationwide, as this is a work requirement for many. In March, the company also announced a partnership with Partners for Advancing Clinical Education (PACE) to deliver accredited healthcare education. What's Behind Your Recent Momentum With Five Contract Wins With Various Colleges? Dr. Sastry attributes Amesite’s success to a tailored approach that caters to each institution's unique needs, especially when it comes to aligning with regional requirements and legislative shifts. “By working directly with colleges and universities and generating sustainable revenue, we can actually give the people what they want,” she said. “With our 98% retention, we are a very strong argument for colleges and universities to use the Amesite system, generate impact, and meet the needs that are required from legislators and assemblies.” Watch the full interview here. Featured photo by Compare Fibre on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 17, 2024 08:30 AM Eastern Daylight Time

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How WiSA Technologies’ (NASDAQ: WISA) Latest Product, WiSA E, Is Revolutionizing The Audio Industry

Benzinga

By Faith Ashmore, Benzinga WiSA Technologies (NASDAQ: WISA) has emerged as a leader in the audio and video entertainment sector through its pioneering wireless technology. With its latest innovation launched in 2023, WiSA E, the company looks poised to revolutionize the industry and solidify its position as the premier solution for high-quality wireless audio for home entertainment (across multiple channels). This innovative spatial audio technology offers up to eight independent channels of HD audio, providing an immersive listening experience. WiSA E transmits and receives uncompressed 24-bit 48 kHz sound over a 5 GHz Wi-Fi network. As a result, users can enjoy high-quality audio without any lag or latency issues. One of the key features of WiSA E is its interoperability with other certified WiSA E-enabled devices. The WiSA Association has established an interoperability standard that certifies products as compatible with each other, thus creating an industry benchmark for superior audio quality. This means that WiSA E-enabled products can work flawlessly with any other certified WiSA E-enabled device, providing a hassle-free setup. “This is a game changer in the industry,” shared Brett Moyer, CEO of WiSA Technologies. “WiSA E will be used by a major CE manufacturer to embed high-quality immersive audio functionality in their devices – functionality that can be activated by the consumer in their home. This is significant because this new model seeds the market with WiSA E and gives the consumer the ability to upgrade their home entertainment system at any time they choose. With this model, WiSA has a built-in aftermarket revenue stream for the major consumer electronics TV, projector, and set-top manufacturers with each activation of its software. This was a strategic move for WiSA Technologies to convert its award-winning hardware into a software model.” WiSA Technologies Has Always Focused On Elevating Industry Standards From the beginning, the company focused on assembling talented teams across various departments, including research and development, sales, marketing and management. This strong foundation allowed WiSA to consistently prioritize innovation and deliver superior entertainment experiences. The formation of the WiSA Association was a pivotal moment in the company's trajectory. With over 70 members, the association has helped foster relationships with leading consumer electronics manufacturers. To ensure the success of WiSA E, WiSA Technologies has also introduced the Propel program, which encompasses several strategic initiatives. These initiatives include efforts to standardize industry solutions, achieve consistent revenue performance, reduce infrastructure costs and maximize long-term shareholder value. By forging partnerships with TV/audio speaker and chip manufacturers, WiSA Technologies aims to create new revenue streams through enhanced WiSA E technology. The company has developed stringent specifications compliance and fostered close working relationships with consumer electronics manufacturers and chip makers, enabling WiSA to produce high-volume, lower-cost solutions that will have a direct impact on the company's bottom line. By expanding interbrand operability among premier audio manufacturers and delivering premium technology solutions to mass-market audio systems, WiSA is solidifying its position as an industry innovator. Featured photo by Mollie Sivaram on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 17, 2024 08:25 AM Eastern Daylight Time

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Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024

TRON DAO

Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector. Token Terminal Analysis Token Terminal’s comprehensive report offers crucial insights into key data points and metrics of the TRON networks, setting it apart from comparable blockchain networks: Daily Transaction Fees: TRON leads with $4.4 million in daily transaction fees, significantly higher than its peers, highlighting the network’s robust activity and utility. Daily Active Users: Averaging 1.6 million daily active users across Q1, TRON is a leading blockchain for user activity, demonstrating a vibrant and engaged user base that supports continuous network growth. Transaction Volume and Efficiency: TRON’s high transaction volume and operational efficiency underscore its strong infrastructure, which is optimized to handle extensive activity without compromising speed or cost. Messari’s Comprehensive Insights Messari’s report showcases key areas of TRON’s growth and strategic advancements: Revenue and Market Expansion: With a 15% increase in market cap and record Q1 revenue of $128.1 million, TRON has solidified its place among the top revenue-generating blockchain networks. DeFi and Stablecoin Sector Growth: TRON’s DeFi sector saw a 25% increase in TVL, while its stablecoin market cap, dominated by USDT, grew by 8%, further anchoring its pivotal role in the global stablecoin market. Layer-2 Development for Bitcoin: The TRON DAO’s introduction of a Layer-2 solution for Bitcoin marks a pivotal development, aiming to integrate the TRON network, BitTorrent Chain, and Bitcoin networks to boost scalability and functionality. Further Insights Both reports highlight TRON’s resilience and strategic adaptability. Messari notes the network’s deflationary token model as a key factor in its economic stability. Token Terminal’s analysis of TRON’s transactional efficiency and user engagement sheds light on its capacity for sustaining growth and increasing adoption. For a more granular look at TRON’s performance metrics and strategic initiatives, the full reports can be accessed through Token Terminal and Messari’s platforms. Keep up with TRON DAO for the latest updates and developments as we continue to push the boundaries of decentralization and blockchain innovation worldwide. 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 May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 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 Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

May 17, 2024 08:00 AM Eastern Daylight Time

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Neural Therapeutics CEO Ian Campbell discusses potential CSE listing and future plans

Neural Therapeutics Inc.

Neural Therapeutics CEO Ian Campbell discusses the company's conditional approval to list on the Canadian Securities Exchange (CSC) in an interview with Proactive's Stephen Gunnion. Campbell explained that the CSE listing is a strategic move, enabling broader market participation and capitalisation on its advancements. The company aims to raise $500,000, primarily for research and development efforts and securing intellectual property, including two patents. Campbell highlighted the growing interest in psychedelic treatments, noting the significant investment in this sector and the 44% rise of the Psychedelic Invest Index this year. He emphasised the mental health crisis and the inadequacy of outdated therapies, positioning psychedelics as a promising and disruptive alternative. Neural Therapeutics specialises in mescaline extracted from the San Pedro cactus, a substance with a long history of safe use. Campbell noted mescaline's unique properties, such as its longer duration in the body, which supports neuroplasticity and potential treatment for mental illnesses like addiction without causing hallucinations. The CSE listing is expected to enhance the company's visibility, attract investment, and accelerate drug development. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 17, 2024 08:00 AM Eastern Daylight Time

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Arecor Therapeutics reports strong 2023 results and outlines expanding product pipeline

Arecor Therapeutics PLC

Arecor Therapeutics PLC (AIM:AREC)C CEO Sarah Howell discusses the company's 2023 performance and future plans with Proactive's Stephen Gunnion. Howell highlighted that Arecor has seen significant growth, particularly with the launch of products incorporating its Arestat technology under a global licensing agreement, generating royalties. Six new technology partnerships were established with major pharma and biotech companies, offering potential for future licensing and market development. Arecor focuses on diabetes and obesity, with clinical results for their proprietary product, AT278, expected soon. This highly concentrated, rapid-acting insulin aims to provide better glucose control for type 2 diabetics with high BMI and support the next generation of insulin pump devices. Tetris Pharma, a subsidiary, has shown strong growth under new leadership, with product sales tripling to £2.9 million in 2023. Its lead product, glucagon, has contributed significantly to this growth. Howell also noted the importance of technology partnerships and licensing programs. Arecor has entered into three active license programs and is progressing well with its partners. One notable partnership is with Medtronic to develop a concentrated, stable insulin for intra-peritoneal delivery, aiming to reduce hospital visits for patients with brittle diabetes. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:20 AM Eastern Daylight Time

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Empire Metals reveals more promising drill results confirming Pitfield project's titanium potential

Empire Metals Ltd

Empire Metals Ltd (AIM:EEE) managing director Shaun Bunn discusses the results from the final 22 reverse circulation (RC) holes at the company's Pitfield project in Western Australia with Proactive's Stephen Gunnion. The drilling campaign targeted two key areas, the Cosgrove and Thomas prospects, each spanning approximately 25 km². Bunn highlighted that every hole intercepted high-grade titanium from surface to depth, indicating the presence of a highly weathered cap with up to 15% higher grade at the surface. Additionally, Bunn mentioned the completion of four diamond drill holes with excellent core recovery, pending analytical results. These core samples are critical for mapping geological structures and obtaining metallurgical and mineralogical data. The drilling program comprised 107 holes, covering over 17,000 metres, including seven diamond drill holes. Bunn explained that the company has mapped a giant mineral system over 30 to 40 km in strike length, with the deepest drilling reaching 400 metres. The focus is now on higher-grade sandstone-dominated systems near the surface at the Cosgrove and Thomas prospects. The next steps include delineating chalk exploration targets and determining the tonnage and scale of these deposits. Empire Metals has engaged Snowden Optiro to provide geological expertise and ensure compliance with JORC standards. Snowden will assist in preparing geological models and defining high-grade zones, working closely with the exploration team. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:15 AM Eastern Daylight Time

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Caledonia Mining reports strong Q1 2024 performance as production and gold prices improve

Caledonia Mining Corporation PLC

Caledonia Mining Corporation PLC chief executive Mark Learmonth takes Proactive's Stephen Gunnion through the company's first-quarter performance. Caledonia increased gold production from over 16,000 ounces in the same period in 2023, to 17,500 ounces. This boost in production, coupled with a favourable gold price, resulted in gross profit rising from under $6 million to nearly $14 million. However, despite a reported net profit of $2.1 million, this figure included a substantial foreign exchange loss, specifically due to the devaluation of the Zimbabwean dollar. Adjusted for this loss, the earnings per share (EPS) shifted from a loss of $0.29 in Q1 of 2023 to a profit of $0.27 in Q1 of 2024. Learmonth also addressed issues from the previous year, notably the Bilboes project, which had underperformed due to low-grade ore and resulted in its placement on care and maintenance from October 2023. Additionally, the company has managed a reduction in all-in sustaining costs from $1,400 an ounce to the mid-$1200s. Learmonth expressed hope regarding the new Zimbabwean currency, the ZiG, backed by gold, which was introduced in early April 2024 to stabilise and potentially appreciate the financial landscape. Furthermore, the company announced a significant resource update, indicating a doubling of reserves and a 60% increase in measured and indicated resources. The life of the mine for the Blanket Mine has now been extended to 2034 and potentially into the 2040s with inferred material. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 17, 2024 03:10 AM Eastern Daylight Time

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Newmark Security wraps up strong year as positive momentum continues

Newmark Security PLC

Newmark Security PLC CEO Marie-Claire Dwek takes Proactive's Stephen Gunnion through the company's trading update for the year to 30 April 2024 following a strong second-half performance. The UK-based firm, specialising in electronic software and security systems, has observed a positive revenue trajectory, reaching over £22 million. This increase was complemented by significant improvements in EBIT, EBITDA, and cash flow figures, with year-end cash rising to £1.1 million from £600,000 in the previous year. Growth was recorded across both divisions—People and Data Management and Physical Security—with Human Capital Management (HCM) posting a 28% increase in recurring revenues to £2.9 million for the year. Dwek highlighted the company's expansion in the US market, including setting up a US headquarters and internalising logistics operations, which has enhanced service responsiveness and operational efficiency. Looking ahead, Dwek remains optimistic about the new financial year, pointing to a strong sales pipeline with potential in both hardware and software, indicating a continued upward trend in growth and expansion for Newmark Security. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:00 AM Eastern Daylight Time

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