The general outlook for cryptocurrency in 2024 has been bullish, according to market analysis by Block Research. And as expected, crypto spectators are already keeping their eyes peeled for the next big coin.
Experts believe decentralized exchange (DEX) tokens and altcoins will be among the main characters in these bullish narratives. Most specifically, all eyes are on a hot prospect called Cosmic Kittens (CKIT). While this project just launched its presale, analysts believe this coin could do 20x of its crypto presale price by 2025.
>>Click Here To Learn More About Cosmic Kittens (CKIT)<<
DEX Takeover: Uniswap (UNI) Leading the Charge
The news that shocked the crypto world: the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance. While the market was still embroidered in fear, the regulatory body clamped down on Coinbase.
This lawsuit saga caused a sentiment shift among crypto traders in their platform preferences. Rumors and fears of freezing assets during this period forced many traders to consider DEX platforms as viable alternatives to their CEX counterparts.
Benefiting from the chaos, decentralized exchanges (DEX) trading volume surged by 88%, with Uniswap (UNI) representing nearly 50% of the total DEX volume. Uniswap’s (UNI) trading volume increased by over 200% to $1.48 billion across multiple chains.
PancakeSwap (CAKE) also saw its volume rise 75% to $481.84 million across the Ethereum (ETH) and BNB Smart Chain. Other protocols that recorded significant changes in their trading volume include Dodo with $163.92 million, Curve Finance (CRV) with $156.9 million, and Level Finance with $117.55 million.
With this trend not looking like it’s going to end anytime soon, market experts believe it will continue to have a positive impact on the broader altcoin market. Optimistically, they believe that the increasing adoption of DEXs might provide visibility and trading opportunities for alternative cryptocurrencies on decentralized exchanges.
>>Click Here To Purchase The CKIT Token<<
More Liquidity for Uniswap (UNI): Integration With Rootstock
Uniswap (UNI) has been making mainstream news media for its announcement of the integration of its v3 protocol with Rootstock, a Bitcoin (BTC) sidechain. This news, which came soon after the project experienced a volume boost, was well received by spectators.
The integration underpins Uniswap’s (UNI) commitment to expanding its DeFi landscape to the Bitcoin (BTC) blockchain and is a step towards completing phase 3 of its roadmap. It combines Ethereum’s (ETH) smart contract flexibility with Bitcoin’s (BTC) robust security model. This synergy promises deeper liquidity, a wider range of DeFi use cases, and innovative on-chain swap capabilities.
>>Click Here To Learn More About Cosmic Kittens (CKIT)<<
PancakeSwap (CAKE) Reduces Market Supply of its Native Token (CAKE)
PancakeSwap (CAKE) reduced the maximum supply of PancakeSwap (CAKE) tokens from 7.5 billion to 4.5 billion as part of the transition from tokenomics v2.5 to the latest veCAKE release. This shift marks the start of a deflationary phase for PancakeSwap (CAKE).
Experts believe this move positions the project for more growth across all platforms. Currently, with a circulating supply of 388 million CAKE, the team believes the new lower cap is ample for gaining market share across various chains and sustaining the veCAKE model.
>>Click Here To Learn More About Cosmic Kittens (CKIT)<<
Cosmic Kittens (CKIT) Presale: The Next Big Thing in the Crypto Gaming Space
Cosmic Kittens (CKIT) is on the verge of transforming the cryptocurrency market. What distinguishes Cosmic Kittens (CKIT) is not just its artistic charm but a pioneering vision in the crypto-gaming space. The project is an NFT-themed gaming adventure set in a distant galaxy called Cosmo Kittania. Venturing into this ecosystem grants players the right to participate in a gaming adventure similar to legendary titles like Pokemon, Digimon, Tamagotchi, and Nintendogs.
Gamers will explore Cosmo Kittania accompanied by their furry cat friends, who they must nurture for maximum health and happiness. These Cosmic Kittens (CKIT) possess unique traits that gamers can hone via selective breeding. Gamers can cultivate certain abilities while unlocking cosmic upgrades and enhancements for their Cosmic Kittens (CKIT). This increases the uniqueness of these NFT assets. Furthermore, while completing nurturing and breeding tasks, gamers receive CKIT coins. They also receive extra tokens from trading NFT assets. Furthermore, Cosmic Kittens (CKIT) increases its play-to-earn incentives by allowing gamers to stake tokens in return for yield and percentage boosts.
Moreover, the project demonstrates its commitment to stability by implementing a two-year lock on team tokens, which helps to foster a stable market environment. Furthermore, a notable 26-year liquidity lock ensures continuous liquidity and market stability for Cosmic Kittens (CKIT) tokens, enhancing confidence in the project’s long-term viability.
The Cosmic Kittens (CKIT) project has gained considerable fame for its attractive GameFi network, which comes with multiple ways to earn financial value. This feature is particularly attractive in the blockchain gaming industry, which analysts expect to reach a value of $800 billion by 2032.
Purchase CKIT Tokens Today By Joining its Presale
The presale for Cosmic Kittens (CKIT) has begun, now offering the opportunity to gain exposure to the GameFi market at a cheap price. CKIT currently trades at $0.0055 in stage one of its presale.Yet, market analysts expect its value to balloon by over 450X in its first year to $2.25
Buying CKIT now comes with a 20% bonus on purchases worth $20 or more. To learn more about how to participate in CKIT’s presale, click the links below.
Join the Cosmic Kittens (CKIT) community today:
Website: https://cosmickittens.online/
Telegram: https://t.me/cosmickittens
Twitter: https://x.com/CosmicKittens_X
Whitepaper: https://cosmickittens.gitbook.io/cosmic-kittens
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