Upbit Expands Offerings with 12 New Digital Assets

The PowerPod Ambassador Program is an exciting initiative aimed at promoting a greener, decentralized energy future through the power of Web3 and blockchain technology. As a PowerPod Ambassador, participants will not only represent a product but also become integral members of a community focused on transforming the energy industry. This program offers a unique opportunity to enhance personal branding while engaging with a vibrant community dedicated to sustainable energy and the adoption of blockchain solutions. Ambassadors will be tasked with spreading the word about PowerPod's mission across various social platforms, including Twitter and Telegram. They will educate their communities on the benefits of decentralized energy and PowerPod's innovative role in the Web3 revolution. Additionally, ambassadors are encouraged to create engaging content, such as tweets, blogs, videos, and graphics, to make complex topics more accessible and exciting for the audience. By participating in discussions related to sustainability and blockchain, ambassadors can make a significant impact within the PowerPod ecosystem. Participants in the program will enjoy numerous benefits, including exclusive Discord roles that highlight their achievements, networking opportunities with like-minded individuals, and access to resources that support their growth as ambassadors. Furthermore, they will be recognized for their contributions through ambassador spotlights and rewards in the form of $PT tokens. This program not only allows ambassadors to earn tokens but also empowers them to contribute to a meaningful movement towards sustainable, decentralized energy solutions powered by blockchain technology. The PowerPod Ambassador Program is an invitation to make a real difference in the world of energy and sustainability.

On November 8, the price of GRASS, the native token of the Solana-based Decentralized Physical Infrastructure Networks (DePIN) project, reached an all-time high of $3.95. However, following a decline in bullish sentiment and an increase in profit-taking activities, the token's price has since dropped by 27%. As of now, GRASS trades at $2.78, reflecting a 13% decline over the past 24 hours. Analysis of the GRASS/USD 4-hour chart indicates a significant uptick in selling pressure, with the Relative Strength Index (RSI) showing that more traders are selling than buying the token, currently sitting at a downward trend of 44.80. The RSI is a key indicator that measures an asset's market conditions, with values above 70 indicating overbought conditions and below 30 suggesting oversold conditions. The current RSI reading of 44.80 implies that selling pressure is intensifying, as token holders are increasingly cashing in on their profits. Additionally, the Chaikin Money Flow (CMF), which assesses the flow of money into and out of an asset, is below zero at -0.04, further confirming the bearish outlook. A negative CMF indicates that sellers are dominating the market, adding to the concerns surrounding GRASS's price stability. Despite the recent price decline, futures traders appear optimistic about a potential rebound. The funding rate for GRASS has remained positive since November 8, currently at 0.025%. This suggests that there is a greater demand for long positions, indicating that traders are still betting on a price recovery. However, if the selling pressure continues, GRASS may break below its current support level of $2.65 and potentially seek support at $2.26. If the bearish trend persists, the price could fall to $1.86. Conversely, a positive shift in market sentiment could see GRASS rally past the resistance at $3.22, aiming to reclaim its previous all-time high of $3.95.

Kraken, one of the leading cryptocurrency exchanges, is set to launch two new tokens on November 12, 2024, at 14:00 UTC: the Aethir native token (ATH) and the meme coin Apu Apustaja (APU). This announcement has generated significant excitement within the crypto community, particularly as Kraken prepares to add 17 new listings, including several meme coins. The Aethir token, which has recently seen a price increase of 17.14% in the past 24 hours, is currently trading at $0.07, reflecting a 12.29% rise since Kraken's announcement of its listing. The Aethir token, launched earlier this year on June 12, 2024, plays a crucial role in the Aethir DePIN stack, facilitating payments for GPU resources in AI and cloud gaming. With a market cap exceeding $280 million, Aethir aims to democratize access to GPU resources through its decentralized cloud infrastructure. In contrast, the Apu Apustaja meme coin, which started as an internet meme, has seen a slight decline of 3% in the past 24 hours, trading at $0.000982. Despite this, APU maintains a market cap of $326 million and a robust community following. The upcoming launch of ATH and APU on Kraken is a significant event for both tokens, as it provides them with increased visibility and trading opportunities. The Aethir token's recent performance, particularly its 54.41% increase over the past week, suggests that it may benefit from the ongoing Bitcoin rally, which has reached an all-time high of $89,604. As the crypto market continues to evolve, the success of these tokens will depend on their adoption and the overall market sentiment surrounding cryptocurrencies.

The cryptocurrency market is witnessing a significant surge, particularly in altcoins, as the total market cap, excluding Bitcoin and Ethereum, has surpassed $750 billion. Among the standout performers are Akash Network, Cronos, and Render, each showing promising price movements and potential buying opportunities. Investors are keenly observing these tokens as they navigate through their respective bullish trends, indicating a robust interest in altcoin investments. Starting with Akash Network (AKT), the token has demonstrated a strong breakout from a falling channel, currently trading at $3.30 after a notable 12.11% intraday gain. This rally has propelled AKT to a 52% increase over the past week, surpassing the 38.20% Fibonacci retracement level. Analysts suggest that the price could extend towards the psychological mark of $5, with a long-term target at $12, indicating a potential upside of over 250%. This positions Akash Network as a compelling option for investors looking for growth. Cronos (CRO) has also made headlines with a remarkable 60% price increase in just two days, following a 72% recovery last week. Currently priced at $0.1195, it is nearing the critical psychological level of $0.20. The token is challenging the 23.60% Fibonacci level at $0.2152, with expectations of a bullish breakout that could push the price to $0.40, representing an upside potential of more than 100%. Meanwhile, Render (RNDR) is trading at $7.33, having surpassed the $7 mark with a 75% price jump. Analysts predict that it could reach new highs above $13.27, showcasing an upside potential of over 80%. These developments highlight the dynamic nature of the altcoin market and the opportunities it presents for investors.

Karrier One, a prominent player in telecommunications, is enhancing global connectivity through three key initiatives: the integration of SCION services, the establishment of a validator node on the Sui network, and the adoption of the Walrus decentralized storage protocol. With operations spanning Canada, the USA, Europe, and Africa, and plans for expansion into Asia, Karrier One is positioning itself at the forefront of innovation in the telecommunications sector. The integration of SCION (Scalability, Control, and Isolation On Next-Generation Networks) services aims to bolster the security and performance of Karrier One's global infrastructure. This cutting-edge technology enhances network control, providing robust protection against cyber threats and ensuring reliable connectivity. Adrian Perrig, a key figure behind SCION, emphasized that this deployment establishes Karrier One as a leader in the Web3 communication space, addressing the pressing need for reliable network solutions in the ecosystem. In addition to SCION, Karrier One's establishment of a validator node on the Sui network signifies a deeper commitment to decentralized technology. This move will not only enhance security across both networks but also enable Karrier One to earn staking rewards, further advancing its protocol. The adoption of the Walrus Decentralized Storage Protocol aligns with Karrier One's vision for improved data security and accessibility, allowing users greater control over their information while reducing reliance on centralized data centers. Through these initiatives, Karrier One is poised to revolutionize global telecommunications, creating a secure and decentralized network that empowers users worldwide.

On November 14th, DRIFE will officially launch its highly anticipated $DRF token, marking a significant milestone in the decentralized ride-hailing sector. This launch is not just another addition to the crypto landscape; it is set to revolutionize the DePIN (Decentralized Physical Infrastructure Networks) space by providing a decentralized alternative to traditional ride-hailing services. The $DRF token aims to empower riders and drivers alike, ensuring fair pricing, transparent governance, and greater autonomy. This initiative is designed to benefit the entire ecosystem, allowing drivers to have more control over their earnings and riders to avoid surge pricing. The $DRF token will have a total supply of 1 billion tokens, with 38 million available at launch, representing 3.8% of the total supply. The token allocation is strategically designed to foster sustainable growth, with 10% allocated to the team and advisors, 44% to the treasury, 9% for liquidity, and 15% for early contributors. To maintain stability, a vesting schedule is in place, ensuring that team tokens are vested over 12 months with a 6-month cliff, while ecosystem and rewards tokens will be gradually unlocked over three years. This structure aligns the interests of the project, community, and team, promoting long-term commitment and stability. The $DRF token will serve multiple purposes within the DRIFE ecosystem, including facilitating decentralized payments, enabling governance participation, and powering a referral system. Users can earn tokens through various activities, such as staking, sharing content, and engaging in community-building efforts. As DRIFE prepares for its launch, the project is poised to become a leader in decentralized mobility, transforming the ride-hailing industry into a more efficient and community-driven model. With the launch just around the corner, the excitement is building, and the community is encouraged to participate and take advantage of the opportunities that $DRF presents.