Friend.tech has launched version 2 of its blockchain-based social platform with new features and anticipation for a 100% airdrop of its FRIEND token.

The SPX index is down 1.6%, driven by a rise in bond yields following higher-than-expected employment cost data, raising concerns that the Fed might maintain higher interest rates. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 6.02% and 6.79%, respectively in the past 24 hours.

Today’s outperformer is FRONT, which jumped 4.6% after Frontier Wallet enabled secure cross-chain asset swaps to Cronos Chain with XY Finance.

Frontier (FRONT), founded in 2019, is a multi-chain DeFi and NFT wallet that supports over 65 blockchains and enables secure trading, staking, and asset management through a single interface. It integrates with top wallets via WalletConnect and simplifies the user experience by minimizing the need for multiple extensions and seed phrases. Frontier Wallet now 

 cross-chain asset swaps to Cronos Chain via XY Finance, enabling secure bridging to $CRO from over 20 blockchains. Users can also participate in the Spring Odyssey event, promising enhanced on-chain experiences with Frontier.

Check Out the Latest Prices, Charts, and Data of 

 for Bitcoin’s Lightning Network in partnership with Lightspark, offering users instant, low-cost Bitcoin transactions as an alternative to the slower, more expensive traditional Bitcoin network. This integration supports Coinbase's goal of creating a global payments system with transactions costing just one cent and processing within one second. The Lightning Network, operational since 2017, significantly reduces transaction costs compared to traditional finance methods, such as credit cards and wire transfers. This move not only enhances the utility of Bitcoin for Coinbase's customers but also advances the broader crypto ecosystem by supporting faster, more affordable, and more secure global payments.

After the debut of Hong Kong's first spot Bitcoin ETFs, Bitcoin's price fell below $61,000, with concerns it could drop further below $60,000. The launch triggered a "sell-the-news" reaction, contributing to a downward trend and negative net flows in U.S. Bitcoin ETFs. This situation poses risks but may also present a buying opportunity for long-term investors.

 version 2 of its blockchain-based social platform with new features and anticipation for a 100% airdrop of its FRIEND token. The company has already taken a snapshot for the airdrop, which may occur as soon as next week when points balances become blockchain-based. Friend.tech, which debuted in August 2023 on Base, a Coinbase-incubated Ethereum Layer 2, had initially seen significant activity but later experienced a decline. The latest update introduces the Money Club for managing community treasuries and minting tradable collectibles, a new points system for the airdrop, and custom engagement metrics. Additionally, version 2 allows users to customize their chat spaces. The platform currently has $34.4 million in total value locked, down from its peak of $52 million.

Beginner

Daily_Bits_Title_Subtitle_&_Eyebrow_1600x900_(10).png

Friend.tech Launches Version 2 and Announces Airdrop

Learn how you can import your mnemonic phrase for Bybit Wallet with our comprehensive article.

For new users, it's recommended that they familiarize themselves with the wallet's basic operations, understand its features and characteristics, and then start using and importing mnemonic phrases.

If you haven't installed Bybit Wallet yet, please click 

After installation, you can pin the Bybit Wallet to the toolbar through the following steps:

 icon in the upper right corner of your browser, and the Bybit Wallet will pop up the initialization interface.

Before using your Bybit Wallet, please set a password first. This password is used to unlock your wallet and encrypt your key information. The local password will not be uploaded to our server, so please keep it carefully. Once lost, the password cannot be retrieved.

After entering the password, please check the 

If you are already using Bybit Wallet, then you only need one step to import your mnemonic phrase.

Please click on the wallet address to enter the wallet management page:

Next, enter the device password you created for the wallet and click 

After setting the local password, please select 

If your mnemonic phrase length is 12, you can click the 

 input box and paste it directly. Of course, you can also manually enter them one by one.

In addition, we also support mnemonic phrases of different lengths, which are 12-, 15-, 18-, 21-, and 24-word mnemonic phrases, all of which can be imported into Bybit Wallet. Please choose the one that suits you.

 button to import. Bybit Wallet will search for the wallet address that has assets under the mnemonic phrase and automatically import it into Bybit Wallet.

At this point, the mnemonic phrase has been successfully imported into Bybit Wallet.

In the import wallet interface, you can also choose to import the wallet using your private key. Just click 

, then enter your private key in the input box, and then click 

Now, you can start using Bybit Wallet to your heart's content. Remember to update your wallet regularly to get the latest features and optimizations. We are always working hard to improve and enhance the user experience of Bybit Wallet. If you have any suggestions or feedback, feel free to let us know any time.

APR24_R47_How_to_Import_Mnemonic_Phrase_for_Bybit_Wallet.png

How to Import Your Mnemonic Phrase for Bybit Wallet

Today’s outperformer is ENA, which jumped 7.3% after Ethena's synthetic dollar launched on Swell L2 with rewards and airdrops in pre-launch phase.

The SPX index is up 0.32%, the Federal Reserve is expected to maintain borrowing costs, but investor focus will be on any changes in rhetoric after recent high inflation data. Market expectations for rate cuts this year have decreased, with only one 25 basis point reduction now anticipated, compared to three a month ago. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.23% and 4.01%, respectively in the past 24 hours.

Ethena Labs (ENA), founded in 2023, introduces USDe, a synthetic dollar on Ethereum, offering a decentralized alternative to traditional stablecoins. It features the 'Internet Bond' for global savings, using delta-hedging to manage volatility and aiming to transform the financial ecosystem by enhancing Ethereum's utility. Recently, $USDe is now available on 

. By depositing $USDe during the Pre-Launch phase, users can earn Sats, qualify for a Season 2 airdrop upon the L2 launch, receive additional airdrops from projects on Swell L2, and share 1 million EigenLayer Points. For more details, visit the Swell Network website.

Omnity has launched a new integration that allows for the fee-free trading of Runes tokens without impacting the Bitcoin network. This 

 utilizes the Internet Computer Protocol's chain fusion technology, enabling interactions with the Bitcoin blockchain and other networks without the need for wrapped tokens or off-chain relayers. The initiative, which distinguishes Omnity from other Bitcoin interoperability solutions, aims to address the scalability challenges of the Bitcoin network, particularly in light of increased activity from new technologies and Bitcoin ETFs. On April 20, the Bitcoin network hit a record high of over 926,000 transactions, with Runes tokens constituting a significant portion of this traffic.

Bernstein analysts believe the recent decline in Bitcoin ETF flows is temporary and predict a bullish future with a $150,000 BTC price target by 2025. They remain optimistic about Bitcoin's integration into financial platforms and its long-term acceptance. Additionally, they suggest that a denial of an Ether ETF could benefit Ether and Ethereum Layer 2 tokens. The firm expects the crypto market cap to triple to $7.5 trillion within two years.

 plans to distribute EIGEN tokens via airdrop from May 10 to September 7, targeting users who participated in Ethereum restaking on the EigenLayer protocol. The initial distribution, termed a "stakedrop," will allocate 5% of the total token supply based on activities as of March 15. The airdrop is divided into two phases, with 90% of tokens going to initially eligible users and the remaining 10% to those who interacted with EigenLayer in more complex ways. However, the airdrop excludes users from several countries, including the US and Canada, and implements strict measures to block VPN and proxy users. Future airdrops will reserve an additional 15% of the token supply. The EIGEN token, designed to address specific protocol faults, will initially be non-transferable and non-forkable to support the protocol's growth, with full functionality enabled later.

Daily_Bits_Title_Subtitle_&_Eyebrow_1600x900_(66).png

Ethena’s USDe Launches on Swell’s Layer 2 Network

cat in a dogs world (MEW) is a no-utility, cat-themed meme coin built on Solana challenging the dominance of dog-themed coins in the crypto space.

The world of meme coins is wild and filled with all types of animals, such as dogs, cats, penguins and frogs. In 2024, the meme coin craze is back in full swing, evidenced by the astronomical gains made by top crypto meme coins like 

During this meme coin season, Solana-based meme coins have stolen the show with dog-themed tokens dominating the space. However, a recent cat-themed meme coin is seeking to challenge this dog-themed coin narrative.

cat in a dogs world (MEW) stormed into the meme coin space on Mar 27, 2024, and has been causing a stir with its remarkable price surge. Upon listing, MEW’s price soared by 385% to reach an ATH of $0.0097 within four days.

Let’s explore the MEW coin and find out why it’s one to watch in the thriving 

cat in a dogs world is a no-utility, cat-themed meme coin built on Solana (

It was launched on Mar 27, 2024, to provide a cat-themed token that would be a worthy competitor to the dog-themed meme coins dominating the space.

Barely 96 hours into the market, MEW had pumped by 385% to hit a price of $0.0097, during which its market capitalization reached around $848 million, a figure reserved for more established projects in the market such as 

MEW’s market cap has since shrunk to a more conservative figure of $357 million, with a 24-hour trading volume of $59 million on Apr 30, 2024. It’s currently trading around $0.004.

cat in a dogs world has a total/max supply of 88,888,888,888 tokens, of which 90% were burned as 

, while the remaining 10% were allocated as an 

MEW’s formidable success could be attributed to its tokenomics strategy, as burning most of the LP tokens creates a stable price floor and cushions the token against market volatility. The airdrop is also an excellent way to attract attention to the project and create brand awareness, further solidifying MEW's presence on Solana and in the cryptocurrency market as a whole.

Deliberately airdropping and burning the LP tokens enhances the value of the MEW token, while giving it a competitive advantage in the cutthroat world of meme coins.

Cat meme coins have been generating a lot of hype lately. Let's look at a brief comparison between MEW and two other cat-themed coins in the meme coin space.

 (CATS) have caused a stir in the meme coin space. Not only are they both trying to change the dog-eat-dog landscape, but they’ve also approached the market in an innovative way.

That said, unlike MEW, CATS has various utilities in its ecosystem, such as 

. Catcoin’s ecosystem is also filled with a variety of products, such as the Caring Cats charity and a non-fungible token (

) collection. While the two tokens entered the meme coin space at different times, they’ve both managed to draw attention to feline-themed meme coins.

 (OMNI), caused a stir when its price quickly soared after the coin’s debut in December 2023. However, unlike MEW, which is only available within the Solana ecosystem, Omnicat leverages omnichain technology and is available on seven blockchains, including 

While it may be a meme coin, Omnicat leverages 

’s blockchain in order to advance its mission of interoperability in the crypto space. Both MEW and Omnicat have adopted innovative approaches that seem to have paid off despite their meme coin narratives.

You can buy MEW Cat Coin on Bybit as a Spot pair (MEW/USDT) or a USDT perpetual contract (MEWUSDT). To celebrate this Spot listing, Bybit is holding two Token Splash events, 

, with 40 million MEW tokens up for grabs.

, is exclusively for new users, with a prize pool of 25 million MEW. By completing Identity Verification and accumulating a deposit volume of 25,000 MEW (worth 100 USDT), or depositing 100 USDT and trading 100 USDT worth of MEW tokens via your first trade with Bybit, you’ll have a chance to receive 5,000 MEW. Rewards are available on a first-come, first-served basis to the first 5,000 new users.

, has 15 million MEW tokens up for grabs. Simply trade at least 1,000 USDT worth of MEW tokens on Bybit’s Spot market to earn a share of the prize pool. 

Rewards will be capped at 200,000 MEW (around 800 USDT) per user.

While it’s primarily been a dog-eat-dog world in the meme coin space, tokens such as MEW are effectively diluting this narrative. Being one of the top-ranking Solana meme coins, the MEW cat-themed coin has followed others in the ecosystem by skyrocketing in price within a short time of entering the market, flooding Solana with much-needed liquidity.

Despite its slowed momentum — generally attributed to the currently fluctuating price of Bitcoin (

) — MEW remains a Solana cat-themed meme coin to watch when the market starts rallying again.

mew_cat_coin.png

cat in a dogs world (MEW): Pouncing on the Cat Meme Coin Craze

GameFi

Explainers

Altcoins

Metaverse

Nakamoto Games (NAKA) is a Polygon-based gaming platform that offers hundreds of intuitive, hyper-casual games, many with free-to-play and free-to-earn options.

2401-T16454_Skinny_Banner_for_Blog_and_Learn_Row_53_728x90.png

Skinny_Banner-1600x400.webp

How often have you heard that the GameFi sector of the crypto industry is booming? While a large variety of play-to-earn (

) games have hit the market in the aftermath of 

’s popularity surge in 2021, blockchain gaming platforms remain more of a playground for 

) enthusiasts, with the much larger crowd of Web 2.0 gamers still not in the loop. Many of these gamers are deterred by the complexities of the blockchain environment, the need for 

 in order to start their gaming journey, and the frequent requirement of purchasing NFTs from the moment they join a P2E platform.

Unsustainable or sometimes predatory revenue models employed by some P2E platforms also don’t help the adoption rates. Nakamoto Games is a 

 platform that’s tackling these problems head-on. A vast universe made up of hundreds of blockchain games, Nakamoto has championed the idea of free-to-play and free-to-earn gaming to attract users with limited exposure to or knowledge of cryptocurrency.

 (NAKA) is a blockchain-based platform that offers hundreds of P2E, free-to-play and free-to-earn games. 

It caters to both seasoned blockchain crypto gaming enthusiasts and newcomers alike, offering a diverse range of gaming experiences.

Nakamoto Games’ offerings are hyper-casual, intuitive and easy to understand, while at the same time featuring a reward mechanism based on actual playing skills and strategy rather than mere luck. The games span a wide range of genres — runners, shooters, NFT games, strategy, card games, racing, action games and more — with both single-game and multi-game options on offer.

The hallmark of these games is their simplicity, catering to players of all skill levels and demanding only a minimal up-front time commitment to attain proficiency. Nakamoto Games’ platform aspires to offer the largest selection of titles in the 

Founded by the prominent Thai blockchain entrepreneur Chawalit Rugsasri and launched in 2020 on Ethereum (

), the platform made a move the following year to Polygon (

). Its project also has plans to go multichain and establish a presence on other networks, including BNB Chain (

One novel feature of Nakatomo Games is its integration with Telegram. Users can play many of the games offered by the platform on Telegram, requesting access to them via the project’s Telegram bot.

Nakamoto’s P2E mechanism is designed to reward actual skills and in-game achievements, while maintaining a sustainable and fair reward model. The primary game reward system is made up of game-specific prize pools that consist of players’ entry fees, with rewards from a pool distributed to players according to their achievement-based rankings. Players with higher rankings receive a higher share of the pool, while those at lower ranks earn less. Depending upon your ranking, your earnings may exceed or fall below the entry fee you’ve paid.

This pool-based reward system is applicable to multi-player games that feature between two and eight players.

Nakamoto also makes many of its popular game titles available under a free-to-earn system in which gamers can join and play without connecting a web3 wallet, an excellent feature for those unfamiliar with blockchain technology and cryptocurrencies. Players who achieve extraordinary skill levels and rise to the daily top 10 are rewarded with free tickets — in-game assets that can be used to play Nakamoto's P2E games or simply sold on the platform’s NFT marketplace.

There are two more reward systems on Nakamoto: the weekly reward, and the referral program.

The weekly system rewards gamers who rise to the top 10 of the week in a particular game, with the reward pool size varying according to the total weekly number of players.

Under the referral system, anyone who refers a friend to Nakamoto Games can earn a 3% fee on the NFT purchases made by the referred gamer.

In addition to the reward systems above, Nakamoto Games has introduced a unique Watch2Earn feature. Users who register for Watch2Earn can earn rewards simply by watching participating advertisers’ ads, providing feedback on them, and reviewing products and services. The rewards are tier-based, according to the number of ads watched and tasks completed.

 environment, in which users can mine for raw minerals to create in-game assets in factories and buildings built on virtual land. The in-game assets can then be used in two ways for players to earn money: using them in games, or selling them in the NAKA Marketplace. All of the virtual land, factories and buildings are represented by NFTs and can be bought with NAKA.

Nakamoto Games’ NFT marketplace is where users can trade in-game assets as well as Nakaverse Land NFTs, using the platform’s native cryptocurrency, NAKA. There are two main types of virtual land: Mining Lands, which contain a random number of raw minerals, and Production Lands, which enhance the productivity process of asset creation.

In addition to NFTs representing in-game assets and Nakaverse real estate, the platform offers two more types of NFTs — Arcade Emporium environments and the NAKA Punks collection.

Arcade Emporium is a service that allows anyone to purchase virtual NFT spaces — ready-made or customizable arcades — where platform users can play P2E games. Owners of the arcades/NFTs are entitled to commissions from the amounts earned in their arcade.

NAKA Punks is a collection of 10,000 NFTs, each depicting a pixelated Punk — a curious-looking fellow vaguely reminiscent of those found in the legendary 

 collection. Each NAKA Punk has its own characteristics and rarity features, which you can flaunt in-game as your 

 avatar. Holding a NAKA Punk entitles you to various benefits, including an 

 of a Nakaverse asset worth $500 and a profit share of Nakamoto games.

With an original mint price of $200 each, some of the Punks are now listed for anything between 2 ETH ($6,599) and 15 ETH ($49,494) on 

, the largest NFT marketplace in the industry. The highest asking price currently listed for a NAKA Punk is 33 ETH ($108,887), not too shabby for an asset worth $200 at mint.

The platform’s native crypto, NAKA, has a number of functionalities that include the following:

1. As a payment method for access to games and services on the platform

2. Acts as the platform’s P2E asset to reward players

3. Facilitates the purchase of NFTs representing in-game and Nakaverse assets

 processes on Nakamoto Games, as holders of NAKA will soon be able to participate in the platform’s governance via the NAKA DAO

NAKA’s total and maximum supply is 180 million. The token’s supply distribution shares are as follows:

You can buy the NAKA token on Bybit as a Spot pair with USDT (

). You can also take advantage of Bybit's 

 for the opportunity to earn a share of the 80,000 NAKA Prize Pool. These campaigns are scheduled to run until Apr 4, 2024, 9AM UTC.

As of Apr 3, 2024, the NAKA token was trading at $1.91, or 71.5% lower than its ATH of $6.71, recorded on Oct 30, 2021, and over 3,600% higher than its ATL of $0.05041 on Sep 28, 2022.

Long-term price predictions for NAKA are on the bullish side. PricePrediction 

 $4.93 in 2025 and surge to $31.92 in 2030, while DigitalCoinPrice 

 for the token, predicting it will trade at $4.94 in 2025 and $14.29 in 2030.

Nakamoto Games is a unique decentralized gaming platform, with hundreds of titles available both in P2E and free-to-play formats. The P2E niche is extremely competitive, with platforms such as 

 offering immersive playing experiences across a variety of games.

However, what sets Nakamoto Games apart from these and many other competitors is the more extensive selection of titles and genres. Additionally, most of Nakamoto Games’ offerings are more beginner-friendly and intuitive than its competitors’ titles. Finally, the ability to start gaming without needing a web3 wallet is also a relatively rare feature in the blockchain-based game industry. Given all these advantages over its most immediate competitors, Nakamoto Games and its NAKA token are well-positioned for considerable growth in the future, particularly by attracting traditional Web 2.0 gamers and those looking for casual gaming experience.

Modern gaming, including the blockchain variety, faces a tremendous challenge. Many gaming platforms have become unduly complex in their quest to lure more hardcore gamers by delivering immersive experiences and greater visual bling. The time and effort needed to grasp these games can be overwhelming, and blockchain games, in addition to the complexity factor, are quick to ask you to pay up in cryptocurrency the moment you link your wallet.

Nakamoto Games addresses both of these problems by offering an intuitive and uncomplicated gaming environment that’s suitable for players of all levels, while providing extensive free-to-play options. Players new to cryptocurrency and NFTs — as well as those looking for a quick, facile game round just for the fun of it — will want to check out Nakamoto Games.

Nakamoto Games (NAKA): A Skill-Centric Adventure For Gamers

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards