Bittime – Today's crypto news is full of excitement as many crypto tokens experience price spikes. Apart from that, there is also news about the Yozoo Y-2 presale, the revival of Layer-1, the list of unlocked tokens, the Staking Frens event from ether.fi, and the uncertainty of Trump's support for the crypto ecosystem.
So, here are today's crypto highlights, May 27 2024, which you can read in full until the end of this article.
Surge in Prices of Various Crypto Tokens
The good news about the crypto surge is led by Ethereum. Apart from that, various meme tokens on the Ethereum network also experienced an increase. Not wanting to be outdone, JASMY also rose again and provided pleasant news with a price increase.
For more details, below are details of the tokens that have experienced price increases in the crypto ecosystem.
1. Ethereum Cap $3,900
ETH price breaks over $3,900 with a gain of +5.14%. To be precise, ETH is now at $3,933. In fact, the day before ETH had just increased to $3,800.
Many investors welcomed the increase in ETH as long-term good news because it proved that ETH is a crypto token with strong fundamentals for the future.
2. Memecoin Ethereum Compact Price Increase
MVP, ANDY, and MOG are memecoins present on the Ethereum network. All three recorded significant increases . Here are the details:
- MAGA VP Token (MVP) surged by 31% in the last 24 hours, now trading at $0.6.
- ANDY ETH Token (ANDY) increased by 30.3% and is currently valued at $0.0001444.
- Mog Coin (MOG) price increase by 28% , successfully achieved its ATH. This increase was even the peak of the trend in the last 2 weeks, so that MOG recorded itself as having experienced an increase of more than 200%.
3. JASMY Price Surge
JASMY seems to be experiencing a quiet calm lately. However, now JASMY is back with news of a price increase that has succeeded in breaking the US$0.0275 level today.
The increase in JASMY prices was also accompanied by an increase in trading volume of 24.96% in the last 24 hours.
Check Today's Crypto Market:
Predictions for the Revival of Layer-1 Blockchain
It was said by Mert, CEO of Helius, that the L1 blockchain will make a comeback next year , and Solana will move as the leader.
The prediction comes as the outstanding performance of Aptos' latest scalability tests bodes well for the overall health of the Layer-1 landscape.
Staking Frens by ether.fi
"Staking Frens" is an event that provides an exciting opportunity for ether.fi users to earn mysterious tokens and support the Ethereum network at the same time. This event was held by ether.fi for 5 days on the last date of May, namely 27–31.
Here are the steps to participate in the Staking Frens event held by ether.fi.
- Visit the ether.fi platform.
- Connect your crypto wallet.
- Select the "Staking" option.
- Select the amount of ETH you want to stake.
- Confirm transaction.
Also Read: Trump Ready to Add Bitcoin to US Reserves: VanEck Supports BTC, Is Ethereum Neglected?
Unlock Token in Late May-Early June
From the end of May to the beginning of June there will be a series of massive token unlocks from various well-known projects. Here are the details:
- Nym (NYM): Approximately 25 million NYM tokens will be released on May 27, equivalent to 3.26% of the circulating supply. The unlock value is estimated at $4.05 million.
- Yield Guild Games (YGG): Nearly 16.69 million YGG tokens will be released on May 27, representing 4.49% of the circulating supply and with an unlock value of approximately $16.94 million.
- SingularityNET (AGIX): The release of approximately 8.71 million AGIX tokens is scheduled for May 28, equivalent to 0.68% of the circulating supply and with an unlock value of approximately $8.14 million.
- Echelon Prime (PRIME): Approximately 1.66 million PRIME tokens will be released on May 31, representing 4.23% of the circulating supply and with an unlock value of approximately $31.66 million.
- 1inch (1INCH): Nearly 98.74 million 1INCH tokens will be released on June 1, representing 8.52% of the circulating supply and with an unlock value of approximately $41.32 million.
- dYdX (DYDX): A massive release of 33.33 million DYDX tokens is scheduled for June 1, equivalent to 11.91% of the circulating supply and with an unlock value of approximately $67 million.
- Dll.
Yozoo Y-2 Pre-sale Has Started!
Yozoo is the first AI+Health wearable and lifestyle brand in the form of a smartwatch from GM Studio. Now, the Yozoo Y-2 is on pre-sale at GM Launchpad .
In this presale, the two main colors of the Yozoo Y-2, namely Creamy Green and Chocolate Black, will be available. The price is US$199 per unit.
Donald Trump: Support or Ban Crypto?
Recently, Trump has attracted the attention of crypto observers because of his bold statements in support of crypto in the United States. Donald Trump even emphasized his support for the crypto industry and vowed to protect crypto assets and reduce Ross Ulbricht's sentence .
Recently, it was reported that Donald Trump would reject CBDC if re-elected in the 2024 US election at the end of November. This was stated by Trump on Saturday, May 25 2024 in Washington DC, that he would work to ensure the security of the crypto ecosystem in the future.
Also Read How To Buy Crypto:
Conclusion
That's the highlight of today's crypto news. There is lots of other news that you can read for free whenever you can only on the Bittime blog. Bittime always provides a place for those of you who are interested in the crypto ecosystem and want to get to know crypto more deeply.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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