Roam Launches Community Bounty Program to Reward Engagement and Growth

Helium (HNT) has recently experienced a significant downturn, with its price dropping by 20.11% over the past month. This bearish trend is reflected in the market sentiment, which has been declining alongside increasing selling pressure. Notably, the derivatives market has seen a spike in selling volume, surpassing buying volume, as indicated by the Taker Buy-Sell ratio falling to 0.963. This ratio, when below 1, signals heightened selling pressure, suggesting that traders are more inclined to sell HNT than to buy it. Furthermore, the Open Interest in derivative contracts has decreased by 19.80%, indicating a bearish market scenario as fewer contracts remain unsettled. In contrast, the spot market presents a slightly different picture. Recent data shows negative Exchange Netflows, meaning that traders are transferring their HNT assets to private wallets for long-term holding rather than selling them. Approximately $250,000 worth of HNT has been moved out of exchanges in the last two days, suggesting that some market participants may be anticipating a potential recovery. However, despite this positive movement in the spot market, the overall sentiment remains cautious as sellers continue to dominate the market. Looking ahead, HNT's price is at risk of falling sharply if it breaches the support level at $3.315. Analysts suggest that if selling pressure continues, HNT could drop to its 2024 low of $2.85, established on June 18. The current funding rate for HNT has turned positive at 0.0176%, indicating that there is still some buying sentiment present. Nonetheless, traders are advised to remain vigilant as the market dynamics continue to evolve, with the potential for further declines if selling momentum persists.

A recent surge in the cryptocurrency market has been observed following the listing of several altcoins on Coinbase, a prominent US-based crypto exchange. Among these, Pyth Network (PYTH), Kaito (KAITO), and Bittensor (TAO) have experienced significant price increases. Kaito, an innovative "InfoAI" protocol designed to address fragmentation in the digital assets sector, saw its price nearly double, trading at $1.92 after a remarkable 99.89% rise within 24 hours. This surge was bolstered by its simultaneous listing on both Coinbase and Binance, the latter being the largest global crypto exchange by trading volume. Bittensor, a decentralized machine-learning network that facilitates the creation and exchange of AI learning models, also benefited from the Coinbase listing. The price of TAO jumped from a low of $445 to a peak of $484, marking an 8.7% increase shortly after the listing. However, the price has since stabilized, currently trading at $453. This fluctuation highlights the volatility often associated with newly listed cryptocurrencies, particularly those tied to emerging technologies like AI. Pyth Network, a decentralized oracle provider, also saw a notable price increase after its listing on Coinbase. The asset's price rose from $0.235 to $0.263, reflecting a 12% gain before retracing to $0.243 at the time of writing. These developments underscore the growing interest in AI-focused projects and decentralized technologies within the crypto space, as investors seek to capitalize on innovative solutions that address current market challenges.

The cryptocurrency market continues to attract a myriad of investors due to its promising opportunities and innovative projects. Among the numerous crypto-enabled initiatives, several stand out due to their advanced technological solutions and sustainable market expansion capabilities. This article highlights five top cryptocurrencies to watch: DexBoss (DEBO), Aureal One (DLUME), yPredict (YPRED), The Graph (GRT), and VeChain (VET). Each of these projects offers unique features and investment potential, making them worthy of consideration for investors seeking to capitalize on the growing digital asset landscape. DexBoss (DEBO) aims to redefine decentralized finance by providing an intuitive trading experience that simplifies the complexities often associated with DeFi platforms. With access to over 2,000 cryptocurrencies, DexBoss ensures liquidity and seamless transactions, which is crucial for both new and experienced investors. The ongoing presale has already raised $586,984 towards its $750,000 target, with a current offer price of $0.011, significantly lower than the planned listing price. The platform’s deflationary model, which includes buybacks and token burns, is designed to enhance token scarcity and long-term value appreciation, making it an attractive option for investors. Aureal One (DLUME) is making waves in the blockchain gaming sector by integrating low-latency operations ideal for play-to-earn platforms. With a presale raising $3,242,651 of its $4,500,000 target, Aureal One offers early investors a chance to benefit from the burgeoning blockchain gaming market. Meanwhile, yPredict (YPRED) leverages artificial intelligence to provide data-driven insights for crypto trading, enhancing trading precision and offering staking options for users. The Graph (GRT) plays a crucial role in blockchain infrastructure by enabling efficient data indexing and retrieval, while VeChain (VET) focuses on improving supply chain management through its two-token system. Each of these projects presents unique investment potential, with DexBoss emerging as a standout choice for those looking to invest in high-potential digital assets.

In the midst of ongoing market volatility, Bittensor (TAO) has displayed a remarkable bullish trend, with its price soaring over 33% in just one week. This surge reflects a growing buying sentiment among investors, as evidenced by a 15.61% increase in the last 24 hours and a trading volume reaching $320.474 million. The Year-to-date (YTD) return stands at +4.17%, indicating a strong bullish outlook for this altcoin. Technical indicators such as the Moving Average Convergence Divergence (MACD) suggest a consistent rise in buying pressure, while the EMA 50/200-day trendlines hint at a potential Golden Cross, further supporting the optimistic price trajectory for TAO. As the market sentiment remains positive, analysts speculate whether Bittensor can reach a new 52-week high. If the bullish momentum continues, the TAO price could test its resistance level at $500, and maintaining this level may pave the way for a target of $547. However, should a bearish trend emerge, the altcoin may find support at $437.5, with a potential drop to $326 if selling pressure intensifies. Investors are keenly watching these levels as they assess the short-term price prospects of Bittensor in the current market landscape. Looking ahead, the long-term outlook for TAO appears promising, with projections suggesting that if bullish sentiment persists, the price could range between $634 and $1,098 by the end of the year. In an even more optimistic scenario, analysts believe Bittensor could reach a maximum trading value of $3,798. As the cryptocurrency market evolves, Bittensor remains a focal point for investors seeking to capitalize on its potential growth.

In recent days, the cryptocurrency market has witnessed a notable shift in investor interest, particularly towards specific coins such as Libra ($LIBRA), Solana ($SOL), Melania ($MELANIA), and Ethereum ($ETH). While Bitcoin and Ethereum continue to dominate the market, new contenders are capturing attention. The controversy surrounding Libra has intensified following Argentine President Javier Milei's endorsement, which sparked a trading frenzy. However, this endorsement has also led to legal challenges, with accusations of fraud against Milei for misleading investors about the legitimacy of the currency. The fallout from Libra's volatility has raised concerns about the risks associated with investing in memecoins and the implications for the Argentine economy. Solana has also found itself in the spotlight due to its association with memecoins like Libra. Traders are expressing unease about the speculative nature of Solana-based tokens, questioning whether Solana can maintain its reputation as a serious platform for smart contracts and decentralized applications. As Ethereum continues to thrive with its decentralized finance (DeFi) ecosystem and NFT projects, some investors are shifting their focus towards Ethereum, viewing it as a more stable long-term investment compared to the speculative environment surrounding Solana. Additionally, Melania ($MELANIA) has come under scrutiny due to its ties to the Libra controversy, with allegations of insider trading and coordinated scams surfacing. Meanwhile, Fort Knox ($FORT) and Storj ($STORJ) are gaining traction among investors, with Fort Knox attracting attention for its potential gold-backed assets and Storj being recognized for its decentralized cloud storage capabilities. As discussions around these coins evolve, the cryptocurrency market remains a landscape of volatility, requiring investors to approach with caution and conduct thorough research before making investment decisions.

io.net, a prominent player in the Decentralized Physical Infrastructure Networks (DePIN) sector, has launched its Co-Staking Marketplace, a transformative feature that allows $IO token holders to share in staking rewards without needing to own physical hardware. This innovative platform connects hardware suppliers with token holders, enabling both parties to participate in the network's validation process. By democratizing access to staking, the Co-Staking Marketplace responds to community demands for more inclusive participation methods, allowing users to contribute to the staking requirements of high-performance devices like H100 GPUs. The Co-Staking Marketplace allows suppliers to list their devices once they are fully operational and staked, specifying the amount of $IO required and the percentage of block rewards they are willing to share. This flexibility enables co-stakers to browse offers based on device model, reliability scores, and projected earnings, making it easier for them to find opportunities that align with their investment strategies. This system not only reduces the financial burden on suppliers but also opens up staking opportunities for a broader segment of the io.net community, allowing them to earn rewards without the complexities of hardware management. In conjunction with the Co-Staking Marketplace, io.net has introduced the Explorer Staking Dashboard, a centralized hub for users to track their staking activities in real-time. This dashboard provides insights into earnings, historical trends, and live data, fostering a transparent staking environment. Additionally, io.net has implemented clear guidelines for both suppliers and token holders to ensure a smooth experience. However, with these new opportunities come responsibilities, as a slashing mechanism is in place to maintain network integrity, penalizing devices that fail to meet performance standards. Overall, the launch of Co-Staking represents a significant advancement in decentralized computing, promoting a more inclusive and efficient ecosystem for all participants.