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Golem (GLM) Leads Gain, Adding Over 20% In The Last 24 Hours

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Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging. 

Ethereum hasn’t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates a 1.76% fall. Looking at ETH 7 days price movement, the crypto has lost 7.02%, which is surprising given the hype around the Merge.

Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin

Tether USDT shows all red in 1 hour, 24 hours, and 7 days gain. Many other altcoins also in red include USDC, BNB, XRP, ADA, SOL, Dogecoin, etc. 

But amid these recent woes, Golem GLM has pushed past expectations. 

Golem GLM Leads in 24 hours Price gains

Golem has seen a price push within the past few days. Currently, GLM price sits at $0.3583, indicating a 14.76% price gain in 24 hours. Watching its movement on the trading chart today, September 15, the coin has been increasing steadily since the market opened. 

Apart from adding more in its 24 hours price growth, Golem GLM is also encouraging investors with its 7 days price gain. It has added more than 20% growth in one week. This growth level is above many altcoins, besides Ravencoin. The coin also has a high 7 days price growth but is in red for both 1-hour and 24 hours growth. 

GLM’s price is currently trading at around $0.36. | Source: GLMUSD price chart from TradingView.com

Golem Price Grows, What Could Be The Reason?

On September 12 and 13, the Golem price pushed higher, showing a 55% price increase in 24 hours. The coin, previously struggling between $0.276 and $0.281, spiked to $0.4054, sending the market into a buying frenzy. 

September 14 saw the price move down to $0.345. But GLM is currently adding more as trading continues on September 15. There’s hope the crypto might reach September 12 and 13 levels again. 

This fast growth has made market watchers wonder about the possible reasons. The recent spike in Golem might be linked to the announcement of new hires. According to its Twitter message on September 6, the network is adding developers to its team, indicating expansion.

It also announced that new hires would earn between $3K and $10K monthly, plus other priceless life-changing experiences. The community head, Mattias Nystrom, even stated that the developers could choose a currency they want for their payments.  

Should Investors Go Bullish?

This announcement might have caught investors’ interest in adding funds to a rapidly expanding network. But some analysts advise waiting a bit before going bullish on the crypto. They expect a 78.6% Fibonacci retracement level, the next level of support that might underpin GLM price at $0.3275. 

Related Reading: AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data

For now, the resistance is at $0.3746 and $0.4079. Investors can buy until the $0.4413 and $0.4820 price levels if the coin breaks above these levels. 

Featured image from Pixabay and chart from TradingView.com

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VeeFriends Launches Collectible Characters Exclusively for Macy’s and Toys”R”Us

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Veefriends Launches Collectible Characters Exclusively For Macy'S And Toys&Quot;R&Quot;Us
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Move takes Gary Vaynerchuk’s IP from digital to physical collectibles

The first-ever limited collection of plush and vinyl characters is available at Toy”R”Us at all Macy’s nationwide, on Macys.com and internationally through shop veefriends.com

NEW YORK–(BUSINESS WIRE)–VeeFriends, created by serial entrepreneur Gary Vaynerchuk, will launch its first-ever limited series of collectible characters exclusively at Macy’s and Toys”R”Us®. The collection will be available for pre-sale starting today, launching on October 17. This is the first step in bringing the VeeFriends characters to life, from digital NFT collectibles to physical collectibles, giving access to any consumer to own a VeeFriends character – expanding beyond its robust NFT community and NFT holders. In addition, each product will come with a printed QR code that leads to 3D animated heartfelt short films and other character songs.

1664893763 801 Veefriends Launches Collectible Characters Exclusively For Macys And Toysrus

VeeFriends was developed around characters, all of which Vaynerchuk imagined, created, and drew himself, with traits that he admires and believes will lead to happiness and success. Vaynerchuk’s vision is to scale his ideas through the characters and the traits they represent.

Ranging in price from $9.99 to $29.99, the collection features plush and/or vinyl character sets designed by London-based entertainment company, Toikido, that will be exclusively available at macys.com/toysrus.com, the Macy’s mobile app, at all Toy”R”Us at Macy’s stores nationwide, and on shop.veefriends.com for international consumers.

Vaynerchuk curated the ten special characters out of the 283 characters in VeeFriends for this first collection. “This partnership means way more to me than you could ever imagine. The thought that VeeFriends will be in Macy’s and Toys”R”Us simultaneously is incredible,” said Gary Vaynerchuk, CEO & Creator of VeeFriends. “I fondly remember growing up in Edison, New Jersey, walking down these stores’ aisles as a kid. We chose characters that we think embody exciting features for first-time collectors, much like some of the toys I picked up on the shelves of Toys”R”Us the first time. I can’t wait to see them in-store and on the shelves – it’s a full circle moment for me and a very big step for the company.”

Each VeeFriends figure and plush character has a unique story behind their bespoken trait including Practical Peacock, Willful Wizard, Genuine Giraffe, Adventurous Astronaut, Gratitude Gorilla, Patient Panda, Empathy Elephant, Common Sense Cow, Heart Trooper, and Be the Bigger Person. You can learn the story of each VeeFriends character through the printed QR code that leads to 3D animated heartfelt short films and other character songs.

“Gary Vaynerchuk has created an extraordinary digital community. We are excited to partner with Gary and VeeFriends to bring his signature NFT characters to life exclusively at Macy’s, reaching a new set of fans for us,” said Stephen Moore, SVP of Merchandising at Macy’s. “VeeFriends collectible plush and vinyl sets have unique stories and design, and we can’t wait for both parents and children to enjoy.”

In celebration of the launch of the collection, Vaynerchuk will be having two in-store appearances: in Chicago on October 17th and in New York City on October 21st, where he will also participate in Macy’s Live. Macy’s Live is the retailer’s streaming show that offers exclusive offers and content live from their new studio located at the flagship Herald Square store in New York. VeeFriends will share further information on how to join the in-store events on their website: veefriends.com.

Beginning on October 4 through October 18, VeeFriends is offering token holders with specific characters a free figure that they can claim. “VeeFriends wants to bring value to our NFT community – not only will they get first access to claim the collection, they also get priority at the in-store events. It’s just one more way we want to connect with our NFT holders and show them how we are developing the IP behind the characters,” Andy Kraniak, President of VeeFriends. Token holders of both VeeFriends Series 1 and Series 2 will be able to claim their figure through https://series2.veefriends.com/experiences/macys-claim.

About Macy’s

Macy’s, the largest retail brand of Macy’s, Inc. (NYSE: M), serves as the style source for generations of customers. With one of the nation’s largest e-commerce platforms powered by macys.com and mobile app, paired with a nationwide network of stores, Macy’s delivers the most convenient and seamless shopping experience, offering great values in apparel, home, beauty, accessories and more. Macy’s gives customers even more ways to shop and own their style through an off-price assortment at Macy’s Backstage and at our highly curated and smaller store format, Market by Macy’s. Each year, Macy’s provides millions with unforgettable experiences through Macy’s 4th of July Fireworks® and Macy’s Thanksgiving Day Parade® and helps our customers celebrate special moments, big and small. We’re guided by our purpose—to create a brighter future with bold representation—that empowers more voice, choice and ownership for our colleagues, customers and communities.

About TOYS”R”US®

For more than 70 years, Toys”R”Us has been the global leader in the toy category celebrating the joys of childhood and play with kids of all ages. Geoffrey the GiraffeTM, the beloved mascot of Toys”R”Us, is adored by millions of kids and their families around the world. Toys”R”Us today has over 1,000 stores and e-commerce businesses in more than 25 countries. Toys”R”Us is owned by WHP Global, a leading brand management firm with a portfolio of consumer brands that generate over USD$4.5 billion in retail sales.

About VeeFriends

An NFT project that brought to life Gary’s ambitions of building a community around his creative and business passions using NFT technology and their smart contract capabilities. There are 283 VeeFriends all of which Gary imagined, created, and drew himself. Each character represents traits and qualities Gary admires and hopes to inspire in others. Every VeeFriends token is admission to VeeCon 2022, 2023, and 2024. For more information, visit https://veefriends.com/ and join the discord channel.

About Gary Vaynerchuk

Gary Vaynerchuk is a serial entrepreneur and serves as the Chairman of VaynerX and the CEO of VeeFriends. Gary is considered one of the leading global minds on what’s next in culture,relevance, and the internet. Known as “GaryVee,” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. In addition, Gary understands how to bring brand relevance to the forefront, whether it’s emerging artists, esports, NFT investing, or digital communications. He is a prolific angel investor with early investments in Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase, and Uber.

Contacts

Media: Julissa Bonfante and Gillian Boyland, [email protected]
Investors: Pam Quintiliano, [email protected]

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Ripple Has Partnered With a Sustainable WEB3 Startup Thallo

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  • Ripple’s collaboration is to bring down the carbon footprints in the crypto industry.
  • Thallo team consists of experts from both industries, likely climate & sustainability and web3.

Ripple has joined hands with Thallo, a web3 climate startup for creating a blockchain-based marketplace. In fact, the motto of this collaboration is to bring down the carbon footprints in the crypto industry.

The pioneer figures in blockchain technology are conscious of the carbon release and the dreadful impact of those on the environment. Further, few are even taking up steps to reduce and control that, like the Ethereum shift to Proof of Stake (PoS). 

As per Ripple, Climate Pledge was made in Sep 2022 along with 375 other firms dedicated to traveling towards a sustainable future. Thallo is democratizing access to certified carbon credits for both institutional and retail investors by utilizing Ripple’s enterprise readiness and carbon-neutral XRPL’s scalability.

 Ken Weber, Senior Vice President, Ripple stated:

“As the demand for carbon credits intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceability, and verification”

Thallo Carbon Credit Marketplace

Thallo is a startup in the web3 space focusing to build a new marketplace for high-quality voluntary carbon credits. Currently, it has signed a partnership with 23 firms for constructing a one-of-a-kind blockchain platform. The Thallo teams consist of experts from both industries, likely climate & sustainability and web3. 

Joseph Hargreaves, Thallo’s Co-Founder stated:

“I’m honoured that some of the most trusted organisations in web3 and climate, such as Ripple and Climate Collective, have chosen us as a key partner in tokenized carbon credits”

Thallo has distinguished partnerships into three sectors as, Founding, Integrity, and Innovation Partners. Ripple is part of the founding partners who are responsible for “enabling Thallo to reach its North Star”.

By the end of 2030, the voluntary carbon market is expected to have a market capitalization of $150 billion.

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Thorchain Shows A Glimpse Of Hope, Are The Green Days Near?

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Thorchain Shows A Glimpse Of Hope, Are The Green Days Near?
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  • RUNE price could be ready to break out from the downtrend as price gears up for a short-term recovery creating more bullish sentiment.
  • RUNE looks strong on the low timeframe. 
  • The price of RUNE attempts to break and hold above 8 and 20 EMA on the daily timeframe.

Thorchain (RUNE) has shown little or no recovery sign in recent weeks, but that could change as the price gears up for a rally against tether (USDT). Previous weeks for the crypto space have been slow as most altcoins, and major cryptocurrencies like Bitcoin (BTC) continued to move in a range. The month looks promising, with altcoins, including Thorchain (RUNE), bouncing off from their low with high hopes of a rally with the current shift in trend. (Data from Binance)

Crypto Market Outlook 

Crypto Market Outlook | Source: Coin360

For most crypto projects as altcoins, including RUNE, the new month has been more of a relief. The price of Bitcoin has led the market, rising from a low of $18,800 to $20,100. With the market looking more promising for crypto assets, we may see more cryptocurrency recovery, as the previous month prevented major altcoins from rallying.

Thorchain (RUNE) Price Analysis On The Weekly Chart

The price of RUNE in recent weeks did not show the strength as seen in other altcoins like Cosmos as the price continued to decline to its weekly low of $1.5.

After rallying from a low of $3 to a high of $12, the price of RUNE faced rejection as it was unable to break above $12, acting as resistance to the price of RUNE and the area of supply.

The price has since struggled to find support as the price declined to a weekly low of $1.5 with what looks like a demand zone for more buy orders.

RUNE price bounced off this region to $1.6 as price prepares for a rally from this area. Although the price continues in a range trying to break out, it looks promising as there have been more buy orders than in recent weeks.

Weekly resistance for the price of RUNE – $1.8-$2.

Weekly support for the price of RUNE – $1.5.

Price Analysis Of RUNE On The Daily (1D) Chart

Thorchain Shows A Glimpse Of Hope Are The Green Days
Daily RUNE Price Chart | Source: RUNEUSDT On Tradingview.com

On the daily timeframe, the price of RUNE remains bullish as it attempts to flip the resistance at $1.8 and break out with good volume.

The price of RUNE is currently trading at $1.65, with resistance to breaking above the 8 and 20-day Exponential Moving Averages (EMA), which act as resistance zones for the price of RUNE. The prices of $1.6 and $1.66 correspond to RUNE’s 8 and 20-day EMAs, respectively.

Daily resistance for the RUNE price – $1.66-$1.8

Daily support for the RUNE price – $1.5.

Featured Image From zipmex, Charts From Tradingview  

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Bybit Collaborates With Oracle Red Bull Racing Team

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Bybit Collaborates With Oracle Red Bull Racing Team
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