Cryptocurrency Price Today on December 21, 2024: Know the Top Gainers and Losers
Cryptocurrency price today on 21 December 2024 has remain steady in their upward trend and bitcoin (BTC) is rebounding above 97K after dropping as low as to 92K for a short period. Most altcoins (i.e., Ethereum (ETH) and Ripple Coin (XRP) also went up in price which is indicative of a general bullish sentiment across the market.
Cryptocurrency Price Today on December 21, 2024
Bitcoin Price:
The BTC price was trading at $97,412.00 and it increased by 1% in the last 24h. The last 24hrs lows and highs were $92,210 and $98,136, respectively. Market cap was at $1.93 trillion with trading volume at $100 billion and BTC market dominance was at 56.83%.
Ethereum Price:
The Ethereum price is now $3,466 showing 1% up in the last 24hr. The lowest and the highest 24h value for ETH has been registered at $3,099 and $3,497 respectively. Crypto Prices Today reports that at present, ETH market capitalization is approximately $417 billion. Trading volumes are now around $62 billion while market share stands at 12.32% in the charts.
Ripple Price:
The price of XRP was trading at $2.31 at the time of writing. It had increased by 0.5% within the last 24hrs. The 24 hours low and high were recorded as $1.97 and $2.338. Cryptocurrency prices today see XRP’s market capitalization at $130 billion, with a trading volume at $26 billion. Currently, it is still ranking fourth in terms of market capitalization, with a market dominance of 3.86%.
Solana Price:
Solana (SOL) share price stands at $193, reaching a 24 hour low and high at $175 and $197, respectively. The prices of cryptocurrencies today signify the market capitalization of $92 billion accompanied by a trading volume within the last 24 hours in $9 billion.
Meme Cryptocurrency Price:
Meme coins have also tracked the moves of major altcoins, where Dogecoin (DOGE) was 1% up at $0.32, and Shiba Inu (SHIB) was up close to 1% trading at $0.00002259.
Other top meme coins such as PEPE, BONK, and WIF were found to increase by 2% to 9% in the last 24 hours, while cryptocurrency prices today reflect the positive momentum shown in the meme coin space.
Top Cryptocurrency Gainer Prices
1. Hyperliquid:
The price of Hyperliquid (HYPE) increased by 25% in the past 24 hours and was trading at $31.97. The 24-hour low and high prices were $22.96 and $32.23, respectively. Presently, cryptocurrency prices indicate the magnitude HYPE’s $8.69 billion market capitalization and trading volume of $583 million.
2. Virtual Protocol:
Virtual Protocol price increased 25% to trade at $2.734. Its 24-h min and max value were $2.03 and $2.842, respectively. The market cap is $2.73 billion.
3. Ethena:
Ethena (ENA) price increased 16% to trade at $1.16. Its 24-h-low and 24-h-high were $0.85 and $1.224 respectively.
Top Cryptocurrency Loser Prices
1. Aptos (APT):
Current aptos (APT) is the worst loser with drop of 13% within a 1 day. And existing trading price was $10.23 with 24-hr low/high $9.90 and $11.77, respectively.
Dropping price are driven by the resignation of Mo Shaikh, co-founder and chief executive officer of Aptos Labs, which has created panic in the community.
2. Hedera:
Hedera (HBAR) is now the second worst performer today, with a 4% price decline, trading at $0.2688. Its 24-hour low and high were $0.23 and $0.28, respectively, market capitalization $10B.
Personal Analysis
The recent upward trend in cryptocurrency markets is an excellent catalyst for existing investors, due to the current volatility. Crossing over the psychologically significant $97K for Bitcoin signifies renewed confidence on the part of traders even as ETF redemptions show some hesitancy among institutional investors.
On the other hand, a great deal of care should be taken as Aptos has suffered heavy losses following the change in leadership—an example of how governance matters can impact investor psychology instantaneously.
While there will most definitely be short-term ripples in this dynamic state, long-term holders stand much hope amidst this volatility as technology changes and acceptance spreads across industry levels.
(Source: Coingape)
Revisit previous Cryptocurrency Prices
Top Quantum Computing Stocks to Watch in 2025
The hot topic that every investor is asking, “What are the Top Quantum Computing Stocks in 2025 to invest in?”
So, without giving any further anxiety, here is a detailed summary of top 5 Quantum Computing Stocks to invest in 2025.
Overview of Quantum Computing
Quantum computing is a totally new innovation in technology in which information processing is dependent on the principles of quantum mechanics. Unlike classical computers, quantum computers can handle complex problems at speeds far beyond those of classical computers, rendering them priceless (in a positive way) in finance, health care, and artificial intelligence.
Why Invest in Quantum Computing Stocks?
This would be an opportunity for the investors who are in search of quantum computing stocks to capitalize on emerging technologies. With time, businesses will look to innovate and find more efficiency and performance, thus requiring quantum computing capabilities significantly.
Though this sector is in its baby-steps, it is definitely providing investors the potential for significant returns as the technology grows further.
Top Quantum Computing Stocks to Watch in 2025
1. IBM
A very obvious to say, International Business Machines Corporation is leading in the quantum computing space. The company is actively developing its Quantum initiative. The company offers cloud-based quantum computing services and has heavily invested in building a comprehensive quantum ecosystem. As such, IBM’s efforts to advance quantum technology have positioned it well for future growth.
2. Google (Alphabet Inc.)
Google has taken the lead in quantum research. It developed the Sycamore processor that had achieved “quantum supremacy.” The company continues investing a lot in quantum technologies, which will help it be one of the most influential companies in this industry.
3. Microsoft Corporation
Microsoft is building the Azure Quantum that will combine quantum computing with cloud service. In essence, the development of quantum ecosystem and working collaborations with others make Microsoft the firm positioned to grow by many times based on the increasing demand for quantum solutions.
4. Rigetti Computing
Rigetti is an innovative startup specializing in both quantum hardware and software. The company has developed its own quantum processors and offers cloud access to its quantum systems, positioning itself well for growth as interest in practical applications of quantum computing rises.
5. IonQ
IonQ is a pure-play quantum computing firm (one of the first) that went public. Its business focuses only on the ion-trap technology, believed to be the most secure way of developing quantum computers. IonQ has collaborated with some of the biggest tech companies in the world and offers cloud-based quantum services on cloud platforms such as Microsoft Azure and AWS.
With its focused approach and first mover advantage in the market, IonQ is a good investment opportunity.
Investment Risks and Considerations
While investing in the quantum computing stocks is thrilling, it also comes with risks owing to the early stage of this technology. Investors should carefully research and consider market fluctuations when making investment decisions within this sector.
Final Words
As quantum computing continues to grow in its evolution and adoption into various industries, these are the top stocks that anyone interested in benefiting from this emerging technology may consider investing in. As advancements continue and growth increases, the potential for growth is promising, making it exciting for investors to explore for 2025 and into the future.
(Source: Analytics Insight)
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Mitchell Santner Selected as Captain of New Zealand’s White-Ball Team for ODIs and T20Is
Mitchell Santner has now rightly become Captain of New Zealand’s white-ball team, following Kane Williamson who led it for many years. This handover follows the decision of Williamson to retire after the 2024 ICC T20 World Cup.
Santner’s New Role as New Zealand’s Captain
Santner’s appointment marks a new chapter for the Blackcaps, and the 32-year-old will lead the team in a series against Sri Lanka and Pakistan. Williamson had dropped his central contract for 2024-25 to balance time with family and international commitments.
This decision, along with relinquishing the white-ball captaincy, has marked a smooth transition to Santner’s leadership.
Why Kane Williamson is not New Zealand’s Captain?
Kane Williamson relinquished the white-ball captaincy more for workload management and an elongation of his international career. He was always keen on contributing to the side but thought that the load needed a reduction.
Although out of captaincy, he is as committed to New Zealand cricket as ever, and in the future might be part of the Blackcaps side again.
He said earlier this year, “Helping push the team forward across the formats is something I’m very passionate about, but pursuing an overseas opportunity during the New Zealand summer means I’m unable to accept a central contract offer.”
The Leadership Development of Mitchell Santner
Mitchell Santner’s rise to captaincy has been gradual. Over recent years, he has led New Zealand in several matches on an interim basis, including 24 T20Is and four ODIs. On being confirmed as the permanent captain, Santner welcomed the challenges ahead.
Santner said, “It’s a huge honor and privilege to be asked. When you’re a young kid, the dream was always to play for New Zealand, but to officially lead my country in two formats is special. It’s a new challenge, and I’m excited for the important period of white-ball cricket we have ahead.”
In 2020 he began his captaincy that year leading the team in a T20I against the West Indies and is now New Zealand’s 24th ODI captain two years later.
As head coach Gary Stead noted, Santner is exactly the right man to carry the team forward owing to his relaxed demeanor and the regard he commands in the dressing room.
Future Tests for New Zealand
Santner’s first assignment under the captaincy will be the ODI and T20I series against Sri Lanka, which kick off in December. It will then travel to Pakistan for an ODI Tri-Series, concluding into participation in the ICC Champions Trophy in February.
The back-to-back matches will test Santner’s captaincy skills as he guides New Zealand through a busy cricketing calendar. Meanwhile, Williamson will focus on contributing to the team while prioritizing family time. His extensive experience will continue to be vital for New Zealand cricket even as he steps back from captaincy.
(Source: The Sporting News)
Crazy about Cricket? Then read more Articles here
Cryptocurrency Price Today on December 19, 2024: Know the Top Gainers and Losers
The cryptocurrency price today on December 19, 2024, witnessed a sharp decline, mainly because of the fall of Bitcoin (BTC) below the $100,000 mark due to the Federal Reserve’s decision to cut interest rates by 25 basis points. Contrary to what was expected, this move triggered widespread selling in most altcoins, which saw heavy price falls.
Market Reaction to Federal Reserve Announcement
The Federal Reserve’s decision to cut interest rates was supposed to boost the cryptocurrency market. However, it witnessed a sharp sell-off as Bitcoin fell below $100,000.
The top altcoins took considerable knocks. Ethereum (ETH) plummeted 6%, with XRP falling a very impressive 10%. On an aggregate, the cryptocurrency market cap suffered 5% loss, touching $3.44 trillion; however, the trading volume surged a very substantial 40% to reach $251 billion, therefore giving out a hint of active participation even in such a pullback.
The Fear and Greed Index is still at 69. The investor’s sentiment remaining greedy.
Cryptocurrency Price Today on December 19, 2024
Bitcoin (BTC):
- Current Price: $100,880 (decreased by about 4%)
- 24-hour Low/High: $98,874 / $105,389
- Market Cap: $2 trillion
- Trading Volume: $100 billion
- Market Dominance: 12%
- ETF Outflows: On Wednesday, BTC ETFs witnessed an outflow of 84 million, led by Grayscale and Invesco.
Also read: Is Etfswap a Game Changer in ETF Trading?
Ethereum (ETH):
- Current Price: $3,652 (decreased by 6%)
- 24-hour Low/High: $3,543 / $3,902
- Market Cap: $440 billion
- Trading Volume: $52 billion
- ETF Outflows: Ethereum ETF outflows totaled 79 million.
Also read: Ethereum Price Prediction
XRP:
- Current Price: $2.32 (decreased by 10%)
- 24-hour Low/High: $2.184 / $2.585
- Market Cap: $132 billion
- Trade Volume: $22 billion
- Ripple also released its natively-issued stablecoin token named RLUSD.
Solana (SOL):
- Current Price: $209, down 5%
- 24-hour Low/High: $200 / $218
- Market Cap: $99 billion
- Trade Volume: $7 billion
Also read: How to Buy Solana Meme Coins in 2024-25?
Price of Meme Coins
Some of the meme coins witnessed considerable dips:
- Dogecoin (DOGE): Down by 7% at $0.36.
- Shiba Inu (SHIB): Down by 6% at $0.00002425
Other prominent meme coins PEPE and BONK dipped from 12% to 15% each.
Top Crypto Gainers
1. USUAL
- Price Increase: Up by 23%, trading at $1.02.
- 24-hour Low/High: $0.67 / $1.16.
- Market Cap: $456 million.
2. Movement (MOVE)
- Price Increase: Up by 14%, trading at $0.70.
- 24-hour Low/High: $0.611 / $0.72.
3. Pudgy Penguins (PENGU)
- Price Increase: Up by 8%, trading at $0.033.
Top Crypto Losers
1. Dogwifhat (WIF)
- Price Decrease: Down by 14%, trading at $2.26.
- 24-hour Low/High: $2.162 / $2.698.
2. Floki (FLOKI)
- Price Decrease: Down by 13%, trading at $0.00019.
3. Theta Network (THETA)
- Price Drop: Down by 12%, trading at $2.32.
Related: Cryptocurrency Price on December 18, 2024
Personal View Analysis
The recent decline in the crypto market acts as a severe reminder that this market is characterized by volatile nature and sensibility toward macroeconomic factors, which include changes in interest rates. Rates cuts on the part of the Fed were expected to benefit the situation; however, the after-sales decline speaks to investor psychology being relatively fragile, at times behaving more to economic signals outside the confines of the product rather than its intrinsic value.
The spike in trading volumes suggest that a lot of investors are panic selling, while others are taking a chance to buy at a low. This is basically the dual nature of the psychology of the market, characterized by fear and greed on both sides.
The rise of USUAL amidst this chaos exemplifies that pockets of opportunities are still there in the ecosystem for those willing to dig a little deeper beyond Bitcoin and Ethereum. It shows the importance of diversification in investment strategies in such a volatile market.
Final Words
In conclusion, while current conditions are challenging for many cryptocurrencies, they also highlight potential opportunities for smart investors who can navigate through these fluctuations effectively and identify emerging trends within this dynamic landscape.
(Source: Coingape)
James Gunn’s Upcoming Superman Movie in 2025: Get the Exciting Details Inside!
James Gunn has recently told some interesting details about the much awaited Superman movie scheduled for July 11, 2025. This is among the most important films included in the DC universe and the fans have been curious to know what to look forward to
Superman Movie: Action-Packed Start
One of the things that makes Gunn’s take on Superman so exciting is that it will jump right into action without a long buildup. In fact, according to Gunn, the plot will start in the middle of action-packed sequences to keep the audience entertained right from the beginning. Since Lois Lane already knows Superman, there will be no slow introductions to the action.
Influences and Visuals
This will be a movie full of aerial action scenes, much inspired by the Top Gun: Maverick of Tom Cruise, full of breathtaking visuals and exhilirating sequences. The first poster featuring David Corenswet as Superman has been going viral already, and now fans are waiting for the first teaser trailer to hit the screens on December 19, 2024.
Role of Lex Luthor
In this version of Superman, he is portrayed to have strong feelings of hatred from towards the Man of Steel. This would likely be how the plot is developed and where conflict sets in for the story.
No Future Project Setup
While many fans speculate about connections to other DC projects, Gunn has confirmed that this Superman movie will not be the foundation for future films but will instead focus on its own story and character development.
Introduction of Mr. Terrific
Along with Superman and Lex Luthor, Gunn added that Mr. Terrific will feature significantly in the film. He is yet another character bringing more dimensions to the story and adding some depth to the universe that the Superman lives in.
David Corenswet’s Vision for Superman
David Corenswet said he wants to give Superman the classic look, which features trunks. He argues that kids should see Superman as an alien with incredible powers who is not only heroic but also great in attire. This viewpoint is supposed to maintain an iconic image but also make him an approachable character to younger audiences.
Harmonizing Heritage
The movie will be centered on Superman’s dual heritage: he is a Kryptonian sent to Earth before the destruction of his home planet. It will focus on how he balances his alien origins with the values instilled by his adoptive parents, giving him emotional depth.
Final Words
As anticipation builds for James Gunn’s Superman movie, it will be a new direction that fans can look forward to in this beloved superhero when it hits the screens in 2025.
(Source: Beebom)
Want more Entertainment News? Then continue reading here
Ravichandran Ashwin Announces Retirement from International Cricket! A Sad Ending of 2024!
A sad News for cricket enthusiasts; Ravichandran Ashwin has officially announced his retirement from International Cricket!
He has been leading spinner in the Indian Team, but now this!
In a very touching tweet, the Board of Control for Cricket in India (BCCI) too has officially confirmed this sad news. They expressed their gratitude that showcased significant contribution of Ashwin in the game of cricket.
His choice followed an emotionally charged moment with Virat Kohli in the dressing room after the third Test against Australia at the Gabba, where the match ended in a draw. This is the end of an era, and fans and teammates are looking back on the extraordinary career of Ashwin.
Emotional Farewell in the Dressing Room
Just before the announcement, Ashwin and Kohli shared a emotional meeting in the Indian dressing room, signaling the impending retirement news. This poignant moment served to captivate their close friendship and their deep affection for each other, and it is an aspect that has characterized their efforts when representing the Indian team.
The emotional quotient suggested to Ashwin’s conscience, later confirmed by BCCI officials.
Legacy of Ravichandran Ashwin
Ashwin’s impact on Indian cricket is unparalleled. In his long career, he evolved into a dependable all-rounder capable of bowling and batting to a significant degree. He has the second highest Test number of wickets for India (537) only after Anil Kumble.
Recognized for his tactical expertise and the versatility to perform well on any pitch, Ashwin was almost exclusively a force in home conditions where his sharp “doosra” could bewilder batsmen at the crease.
Final Words
With the retirement of this legend, Ashwin’s legacy will certainly live on to encourage the next generation of cricketers. His contributions to the game have established a benchmark that future players will aim to reach for years to come.
(Source: Sporting News)
Crazy about Cricket? Then read more related Articles here
Artificial Intelligence Job: A Look at Emerging Job Roles 2025
We are now very near to the future where candidates would be looking for Artificial Intelligence Job.
Artificial intelligence is changing the world of industry around us, bringing previously unimaginable innovation, efficiency, and economic expansion. With the use of AI spreading to all areas of the life, the need of the professionals in this area is growing at an explosive pace.
What is Artificial Intelligence Job?
The task in artificial intelligence is any job involving technologies that allow machines to perform work that normally requires human intelligence. There are roles in this area, such as machine learning engineer, data scientist, and AI researcher in aspect of algorithm development, data analysis, and intelligent system design.
These jobs are competitive in terms of high wages and high scope of innovation in making impact in industry after industry.
Types of Artificial Intelligence Job
1. Machine Learning Engineer
Machine learning engineers design and implement algorithms for machines to learn and to adapt. Their jobs involve training models, improving algorithm performance and implementing machine learning systems in their actual implementation.
These individuals, having the expertise in Python, TensorFlow, and data analysis, get remunerated with salaries in the six-figure level (depending on the region).
2. AI Research Scientist
AI research scientists are specialists in creating and developing cutting-edge AI technologies. They include topics of an advanced nature (e.g., deep learning, natural language processing, and computer vision).
Researchers usually are well steeped in mathematics and computer science and use the scientific method to perform their research.
3. Data Scientist
Data scientists are critical contributors to the AI ecosystem by probing and understanding big datasets. They employ machine learning algorithms and statistical methods to deliver useful insights that support organizations in making good decisions.
Proficiency in tools like SQL, R, and Python enhances their earning opportunities, often supplemented by performance bonuses.
4. AI Product Manager
AI product managers serve as a bridge between AI teams and business stakeholders. The core responsibility of the personnel is to guarantee that products of intelligence applied to AI meet the objectives of the organisation, and the requirements of the customers.
There is a critical need for expertise in both the technical applications of AI technologies and in market kinetics for this position, which carries very competitive remuneration, particularly in prominent tech cities across the globe.
5. Natural Language Processing Engineer
NLP engineers focus on designing systems by which computers can acquire and process human language. Their work includes developing chatbots, speech recognition systems, and translation tools.
Due to the complexity of this area, and together with its great possible social impact, NLP engineers are one of the best paid professionals in AI.
6. AI Ethicist
AI ethicists have the responsibility that AI technologies are designed, developed and deployed to meet ethical standards. Their focus encompasses topics of bias, fairness and societal impact in AI systems.
Now with greater emphasis on ethical practices in AI programming on the part of organizations and corporations, the need for an AI ethicist is soaring exponentially and it comes on top of an attractive salary, business prospect opportunity.
7. Big Data Engineer
Big data engineers are responsible for large data sets, which form the basis for applications of Artificial intelligence (AI). They design systems that ensure data is clean, accessible, and secure—critical functions that support the development of effective AI models and tools.
Final Words
In conclusion, as artificial intelligence continues to evolve and integrate into various sectors, these high-paying job roles will play pivotal parts in shaping the future landscape of technology and innovation.
(Source: Analytics Insight)
Interested in AI? Then read more here
Wordle Hints and Answer for December 18, 2024: Enhance Your Winning Chance with Great Tips
Here is a daily dose of Wordle word puzzle game. As you already know that the players get six attempts to guess and solve a five-letter word. The game provides feedback through color-coded hints.
Okay, lets’ see Wordle Hints and Answer for December 18, 2024 without making you wait further.
Best Wordle Starting Words
To enhance your chances of quickly finding the Wordle answer, consider starting with one of these effective words:
- ARISE
- CRANE
- IDEAL
- ADIEU
- RATIO
- WHIRL
- ABOUT
- AROSE
- RAISE
- PILOT
This list is not exhaustive list; many other great starting words can also be used.
Wordle Hints and Answer for December 18, 2024
This is one simple yet exciting game designed by Josh Wardle that comes up with different hints and answer every day. Let’s see them now.
How does Hints Work?
- Green indicates the letter is correct and in the right position.
- Yellow means the letter is in the word but in the wrong position.
- Gray signifies that the letter is not in the word at all.
Hints for Today’s Wordle (December 18, 2024)
- The answer is an adjective.
- There is one vowel in the word.
- The word contains no repeating letters.
- The word describes something that is quite heavy.
Today’s Wordle Answer #1,278
The answer for today’s Wordle is “hefty.”
This five-letter adjective is defined by Merriam-Webster as “quite heavy,” “marked by bigness, bulk, and usually strength,” or “impressively large.”
Useful Tips for Playing Wordle
- Start with a strong first guess: Use words that contain common vowels and consonants to maximize your chances of getting useful feedback.
- Pay attention to letter placement: Use the feedback from your guesses to refine your subsequent attempts, focusing on correct placements and eliminating incorrect letters.
- Consider letter frequency: Familiarize yourself with common five-letter words and their letter distributions to make educated guesses.
- Get the Wordlebot Tool: This will analyze your guesses, then provide insights on what to do to improve the gameplay.
- Practice: The more you play the better you will become at recognizing patterns and improving your guessing strategy.
Final Words
This game has acquired huge popularity since its introduction and has been encouraging the players to share their results on their social media sites and brings participants together.
These hints and tips can help the players enrich their Wordle experience and successfully solve today’s challenge with ease.
(Source: Newsweek)
Get more Wordle Hints and Answers here
Cryptocurrency Price Today on December 18, 2024: Know the Top Gainers and Losers
Cryptocurrency price today on December 18 underwent a great fluctuation with BTC reaching a new all-time high $108,000, then fell back down to below $106,000.
This level of volatility means that cryptocurrency trading is very unpredictable. However, the recently launched token Pudgy Penguins (PENGU) went up by 550% in only 24 h and became part of the top 100 cryptographies by market capitalization.
But overall, market conditions did face a downturn and the Bitget Token (BGB) could surge at 17%.
Market Cap and Trading Volume
The total market capitalization of cryptocurrencies declined by around 1% to $3.71 trillion, while trading volumes fell by 8.6% to $185 billion. The Fear and Greed Index showed extreme greed, at 80, which means that investors are highly enthusiastic about the current situation.
Cryptocurrency price today on December 18, 2024
Bitcoin Price:
- Current Price: $105,368
- 24-Hour Change: -1%
- Price Range: Low $105,004, High $108,269
- Market Cap: $2.09 trillion
- Trading Volume: $70 billion
- Market Dominance: 56.63%
Ethereum Price:
- Current Price: $3,869
- 24-Hour Change: -4%
- Price Range: Low $3,836, High $4,040
- Market Cap: $466 billion
- Trading Volume: $35 billion
- Market Dominance: 12.67%
XRP Price:
- Current Price: $2.55
- 24-Hour Change: +3%
- Price Range: Low $2.463, High $2.717
- Market Cap: $146 billion
- Trading Volume: $17 billion
Solana Price:
- Current Price: $218
- 24-Hour Change: +2%
- Price Range: Low $213, High $228
- Market Cap: $104 billion
- Trading Volume: $6 billion
Also read: Is Etfswap a Game Changer in ETF Trading?
Meme Coins Price:
Meme cryptocurrencies faced a bearish trend today:
- Dogecoin (DOGE): Down approximately 3% at $0.39
- Shiba Inu (SHIB): Down by 4% at $0.00002609
- Other notable meme coins like PEPE, BONK, and WIF also saw declines ranging from 2% to 6%.
Also read: Dogecoin Price Prediction
Top Gainers and Losers
Top Gainers:
1. Pudgy Penguins (PENGU):
- Surge of 550%
- Trading at $0.03
- 24-Hour Range: Low $0.02, High $0.06
2. Bitget Token (BGB):
- Increase of 17%
- Trading at $4.18
- 24-Hour Range: Low $3.56, High $4.23
3. Litecoin (LTC):
- Up approximately 7%
- Trading at $125
- 24-Hour Range: Low $114, High $129
Also read: What is Crypto30x.com Gemini?
Top Losers:
1. Lido DAO (LDO):
- Down by 9%
- Trading at $2.08
- 24-Hour Range: Low $2.05, High $2.31
2. Aptos (APT):
- Decrease of 8%
- Trading at $12.89
- 24-Hour Range: Low $12.72, High $14.36
3. Fantom (FTM):
- Down by 7%
- Trading at $1.31
- 24-Hour Range: Low $1.297, High $1.43
Also read: Cryptocurrency Price on December 17, 2024
Personal Analysis
The cryptocurrency market is situated under high volatility and diverse behavior in the assets. Bitcoin’s recent all-time high is the result of a strong institutional presence and increasing use of cryptocurrencies and acceptance of cryptocurrencies as mainstream financial assets; however, Bitcoin’s explosive pricing behavior reveals the intrinsic risk of crypto assets investments.
The sudden explosion of Pudgy Penguins shows that the newly created tokens can gain popularity readily in such context, owing to speculation and collective market mindset, rather than the intrinsic value of these tokens alone.
This phenomenon may indeed push more investors towards new tokens, but then there is a risk that some of them may bubble.
Beyond, mixed performance of altcoins as shown in XRP and Solana indicates that while few projects gain momentum, other projects lose their way among these correctional periods.
In all, despite the fact that the optimism is so extreme with levels of greed shown by the Fear and Greed Index, investors need to remain cautious and devise risk management strategies to successfully navigate through this volatile landscape.
(Source: Coingape)
Polkadot 2.0: Key Features and Future Implications for DOT Tokens
Polkadot 2.0 represents an important next step in the development of Polkadot as a whole with performance enhancements regarding scalability and interoperability along with numerous functionalities. Being a multi-chain architecture it lets the blockchain communicate with other blockchains and each other with effortless ease.
Future development of Polkadot 2.0 is, therefore, designed to correct some of the limitations of the original version of the network while paving the way for the future growth of blockchain technology.
Key Features of Polkadot 2.0
1. Scalability Improvements
Several modifications are made in Polkadot 2.0 to allow the network to be scaled up faster. The network can accordingly scale up the transaction per second by tuning the parachain architecture of itself.
This is an important accommodation in how to increase user demand and make complex applications feasible.
Also read: What is BscScan? A comprehensive detail about this Blockchain
2. Interoperability Enhancements
The heart of Polkadot’s is in making it possible to communicate between the various block chains. In Polkadot 2.0, this kind of interoperability is considered to the point that it enables even more natural bonding not just within the Polkadot ecosystem, but also outside, when interactions take place with external networks.
This will enable developers to build more versatile applications that can leverage multiple blockchain functionalities.
Also read: What is a Wallet Address in Crypto and why are they important?
3. Governance Upgrades
The governance model for Polkadot is supposed to be revised, where new mechanisms will allow the DOT token holders to gain more control over the network. These improvements will enable the network operator with finer control over network decisions, e.g., protocol upgrades and changes of governance structures.
Also read: How Many Trading Days In A Year? Know All The Dates Of 2025
4. Economic Model Refinements
Polkadot 2.0 will also be subject to changes in the economic model, seeking to reward participation, and to enable sustainable growth. This includes refining staking rewards and enhancing the overall value proposition for DOT holders.
Also read: Top 10 Crypto To Invest In 2025
Future Implications for DOT
The DOT token is expected to be greatly impacted by the innovations brought by Polkadot 2.0.
- Increased Demand: In addition to increased scalability and robustness of the network, demand for DOT tokens may rise due to the governance and staking uses for DOT tokens.
- Broader Adoption: Improved interoperability is likely to attract a greater number of developers and projects to build upon Polkadot, in turn resulting in broader platform adoption.
- Market Positioning: With these advances, Polkadot can further consolidate its place in the top ranks of blockchain platforms, competing vigorously with the other major players in the field.
Final Words
All in all, it can be confidently said that Polkadot 2.0 is the next step that represents how the network of Polkadot will evolve with regard to scalability, interoperability, governance and economic viability. During this process, these improvements are going to change how developers interact with blockchain technology and also broaden the use of DOT tokens in a wider crypto environment.
The horizon for Polkadot is bright, it continues to evolve and make new innovations, and is an important one in the ongoing saga of blockchain technology.
(Source: Techopedia)
