Enjoy our weekly dose of the market summary below!

Following the sell-off early last week, the broader equity market rebounded as Friday's weak job report revived market sentiment. The cryptocurrency followed suit, with Bitcoin climbing back above $60K last Friday.

Weak US Employment Data Revived Market Sentiment on Friday

Wall Street traders who attempted to anticipate the Federal Reserve's moves can breathe a sigh of relief as the week comes to a close. After withdrawing funds from credit, cryptocurrency, and stocks due to concerns about stubborn inflation, new data emerged that arguably supports the central bank's economic strategy. Consequently, bears experienced a setback on Friday, as the S&P 500 and Treasuries recorded their first simultaneous weekly gain in a month, primarily driven by softer US employment data. 

Another Week of Conflicting Labor Market Arrives

In today's financial markets, there exists a perplexing landscape of conflicting economic reports, leaving profit-seeking participants repeatedly soaked. On Tuesday, a comprehensive measure of US labor costs surged to its highest level in a year, causing yields on two-year Treasuries to exceed 5%. However, three days later, a report from the Labor Department revealed the smallest wage increase since 2021, prompting yields to retreat. Recent reports indicate a surge in retail sales alongside a slowdown in gross domestic product. Industrial production is on the rise, while manufacturing activity is easing. Jobless claims remain steady, but hiring has slightly declined.

In the coming week, several federal speakers will give further clarification on the Fed’s next policy move.

Bitcoin Spot ETF outflows bucked the bearish trend that had lasted for more than a week, supporting the largest cryptocurrency back to $60K.

Tokens of the Week (Week Ended May 3, 2024)

AR Jumps 25.1% after HackMD Integrates Arweave for Permanent Blockchain Document Storage 

, launched in June 2018, is a decentralized platform for permanent data storage, leveraging its AR cryptocurrency to incentivize users and ensure data permanence. It offers easy web access and is developing moderation tools, with a key partnership with 

 that highlights Arweave’s commitment to secure data preservation. 

 with Arweave in March 2023, enabling users to store documents on the blockchain permanently. This feature ensures decentralized, immutable storage for important documents such as white papers. Users can export and import documents between HackMD and Arweave using the ArConnect wallet and browser extension, enhancing data security and permanence. This integration underscores HackMD's commitment to leveraging web3 technologies for secure and efficient document management. 

ZETA Jumps 19.0% After ZetaChain Announces New Growth Program

 (ZETA), launched in February 2024,  is a Layer 1 blockchain and interoperability platform enabling 

 to operate across multiple blockchains, including those without native smart contract capabilities, like Bitcoin and Dogecoin. ZetaChain has launched a new program that dedicates 5% of its ZETA token supply to boost DApp development on its platform, with a specific focus on Bitcoin-related projects that will receive 1% of the allocation. This initiative aimed to enhance product and service innovations across blockchain networks, particularly after Bitcoin's recent halving event. The funding, which will be rolled out over the next 3-4 years, supports advancements in Bitcoin infrastructure, 

, and gaming/social applications. The program is now open for project submissions, emphasizing ZetaChain's omnichain capabilities to improve blockchain user experiences.

ENA Surges by 7.3% after Ethena's Synthetic Dollar Launched on Swell L2 With Rewards and Airdrops in Pre-launch Phase

 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 has become available on Swell L2. 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.

FRONT Surges by 4.6% After Frontier Wallet Enables Secure Cross-Chain Asset Swaps to Cronos Chain with XY Finance

 (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 

 and simplifies the user experience by minimizing the need for multiple extensions and seed phrases. Frontier Wallet now supports cross-chain asset swaps to 

, enabling secure bridging to $CRO from over 20 blockchains. 

's community has propelled the platform into a leading Layer 2 network, boasting over $500 million in TVL and significant ecosystem growth. In response to this success, Mode will end 

 on May 5th and launch Airdrop 2 with 500 million MODE tokens to further incentivize ecosystem participation. The native $MODE token, essential for governance and ecosystem growth, will launch on May 7th. The first airdrop saw 5.5% of MODE's total supply allocated, with significant vesting terms for top wallet holders to promote long-term holding. Airdrop 2 aims to continue this momentum by rewarding ongoing user and developer engagement.

 has activated the $DRIFT Eligibility Checker and revised its 

 allocations: 64% for OGs, 30% for Trader Points Program participants, 5.5% for early version 1 users, and 0.5% for Keeper Network. An additional 2% of tokens (20 million) have been added, bringing the total to 12%, to celebrate community milestones. Drift has partnered with 

 to combat sybil and wash trading, redistributing penalized allocations. A novel claim bonus incentivizes delayed claims to minimize bot activity and network congestion, with bonuses increasing over a six-hour period and unclaimed bonuses returning to the DAO. The exact claim date will be announced soon, and details are available on 

Friend.tech Launchs V2 and Announces Airdrop

 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 

, 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.

Stay tuned for more institutional insights and crypto updates next week!

Advanced

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Weekly Institutional Insights — Crypto Rebounds Following Friday’s Weak Job Report; This Week’s Outperformer: AR, ZETA

Bybit Discount Buy is a non-principal protected product that allows you to acquire BTC and ETH at prices lower than the market rate at the settlement date.

 lies not just in its potential for high returns, but also in the continuous innovation that shapes its landscape. A key aspect of this dynamic market is the pursuit of strategies that enable traders to maximize their investments, particularly in stable market conditions. In such scenarios, the ability to purchase digital assets at lower prices becomes a significant advantage. This is where Bybit's Discount Buy feature comes into play, offering a unique solution for investors looking to capitalize on market stability. In this article, we’ll explore Discount Buy’s functionality, benefits and suitability for different investor profiles.

 is a non-principal protected product from Bybit designed for low-volatility markets, allowing clients to acquire 

 and ETH at prices lower than the market rate at the settlement date. This feature is particularly beneficial when BTC/ETH 

Discount Buy operates on a unique mechanism whereby users can purchase a specific asset at a predetermined price on the settlement date, which is below the market rate at the time of order placement. This is particularly advantageous when the Settlement Price falls between the Knockout Price and Purchase Price.

Bybit’s Discount Buy is structured to function optimally in specific market scenarios as follows:

There are several advantages to using Discount Buy. Following are three of its key benefits.

Discount Buy offers the unique advantage of acquiring cryptocurrencies at 

 than the current market rate. This is particularly beneficial in 

 or periods of low volatility, where the chances of the Settlement Price falling within the favorable range (between the Knockout and Purchase Prices) are higher.

The product's structured nature, akin to a 

, provides a cap on the price level in the holder’s favor. However, unlike traditional knockout options, a Discount Buy plan won’t expire worthless, as users have the option to buy the desired coin at a price lower than the market price at the time of order placement.

In the Knockout Scenario, where the Settlement Price exceeds the Knockout Price, users not only get their principal back but also earn an additional APR, enhancing the overall profitability of their investment.

While Discount Buy offers several benefits, it also comes with 

. Below are three key risks associated with this investment product.

Despite the Purchase Price potentially being below the market price at the time of order placement, it might still be higher than the Settlement Price. In such scenarios, the settlement continues at the Purchase Price, which could result in a loss for the trader. This highlights the inherent risk that market volatility and price fluctuations may affect the investment outcome.

The non-principal guaranteed nature of Discount Buy means that invested capital is at risk. If the Settlement Price reaches or exceeds the Knockout Price, the trader receives the initial investment plus the Knockout coupon payment. However, if the market moves unfavorably, the principal amount could be at risk. This makes it crucial for investors to assess their risk tolerance before participating.

Suitability for Specific Investor Profiles

Bybit’s Discount Buy is designed for users who are looking to 

 in bear markets, or when market volatility is low. It requires a nuanced understanding of market trends and the ability to predict the movement of the Settlement Price within the specified range. This makes it more suitable for experienced traders, or for those with a higher risk tolerance.

Now that you're familiar with the essentials of Bybit’s Discount Buy, let's delve into a comprehensive guide on how to begin using it. Before proceeding with Discount Buy, ensure you have an active Bybit account. If you haven't set one up yet, 

: Log in to your Bybit account and hover your cursor over the 

tab on the navigation bar at the top of the page. Then, hover over 

 button of the corresponding plan that you’d like to select.

: Input your investment amount and ensure that you acknowledge all the parameters you’ve chosen. Once acknowledged, click on 

: Please ensure that you’re aware of the following: 

, you’ve successfully subscribed to the plan.

If you’d like to view the details of your Discount Buy orders, simply click on 

 in the successful order notification pop-up window.

Alternatively, you can follow the steps below if the pop-up window has disappeared.

 button on the top right corner of the homepage and click on 

Discount Buy is particularly suitable for:

Whether or not to use Discount Buy depends upon individual trading strategies and market understanding. It's an attractive option for those looking to capitalize on lower prices during stable market conditions. However, it requires a good grasp of market trends and 

. Traders should evaluate their investment goals and risk tolerance before deciding to use this feature.

Bybit’s Discount Buy presents an intriguing opportunity for cryptocurrency traders, offering assets at below-market prices under certain conditions. While it has benefits such as cost savings, it also carries risks associated with market volatility. As with any trading tool, it's essential to use Discount Buy judiciously, in accordance with one's particular trading strategy and risk appetite.

Beginner

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Bybit Discount Buy: Unlocking Lower Prices in a Stable Market

There are three potential outcomes that can arise from using Bybit Discount Buy — Knockout, Profitable Purchase or Less Profitable/Break-Even Purchase.

As the cryptocurrency market begins to show signs of a bullish trend, investors are increasingly on the lookout for innovative strategies to maximize their returns. In this dynamic landscape, Bybit's Discount Buy emerges as a noteworthy tool, especially for those who are optimistic about the long-term potential of digital assets. This article delves into the intricacies of Bybit Discount Buy, a novel offering that enables investors to purchase 

 (ETH) at prices potentially lower than the prevailing market rates at the time of settlement. 

Designed for markets with low volatility and tailored to the needs of long-term investors, this non-principal-protected product presents a unique opportunity in the realm of cryptocurrency investments. In this article, we’ll explain how Bybit Discount Buy works, how to use it strategically, and its potential outcomes and benefits.

Bybit Discount Buy is a product designed to let you potentially purchase BTC or ETH at a lower price than the market value on a future settlement date. 

On the settlement date, you’ll either buy the coin at the “purchase price” or receive your principal plus interest in USDT, depending upon the market price on the settlement date, also known as the Settlement Price. Discount Buy is a non-principal-protected product, meaning you may lose your initial investment if the market moves unfavorably.

Bybit Discount Buy operates based on three crucial parameters: Purchase Price, Knockout Price and Knockout APR. The Purchase Price is the price you'll pay for the coin on the settlement date, while the Knockout Price is the threshold triggering a payoff instead of the coin purchase. Finally, the Knockout APR signifies the 

 (APR) added to your principal in the payoff scenario.

Bybit Discount Buy becomes profitable when the Settlement Price (the coin's market price on a future settlement date) falls between the Knockout Price and the Purchase Price. This scenario enables you to purchase the coin at a below-market rate, potentially leading to profits upon resale. However, if the Settlement Price surpasses the Knockout Price, you'll receive a payoff in USDT, including your principal along with the Knockout APR. However, if the Settlement Price equals or falls below the Purchase Price, you'll buy the coin at the Purchase Price, potentially incurring a loss.

This product is suitable for investors anticipating a decline in market volatility, thereby benefiting those expecting the coin's price to remain within a specific range. It's also beneficial for investors aiming to accumulate more crypto during 

 or low volatility periods. Nevertheless, using Bybit Discount Buy demands adept risk management skills, a high tolerance for risk and a solid grasp of market trends.

How Discount Buy Differs From Traditional Crypto Trading

Unlike traditional crypto trading, in which you buy and sell coins at the market price, Bybit Discount Buy allows you to potentially lock in a lower price for your future purchases or earn a yield. This potential advantage allows you to either buy more coins with the same capital investment, save money on your purchase or collect interest. 

However, there’s also a risk that the market price will drop below the purchase price, in which case you’ll buy the coin at a higher price than the market rate. Therefore, Bybit Discount Buy is more suitable for long-term investors who believe in the future growth of their desired token, and aren’t affected by short-term price fluctuations.

Strategic Timing for Using Bybit Discount Buy

Discount Buy works well for investors who want to target a lower entry price than current market values for a coin. This product particularly thrives in stable market conditions. Understanding how to strategically use it involves considering the following factors.

Market sentiment, which reflects investors' feelings about the crypto market, significantly impacts Bybit Discount Buy's performance. Typically, during times of bearish or stable market sentiment, there's a greater chance of the Settlement Price falling within the Knockout Price and the Purchase Price, which can be advantageous. You can gauge 

 through sources such as news, social media, volatility indices and trading volume.

Price trends reflect the direction and strength of price movements. You can use tools such as trend lines, chart patterns and moving averages to assess them. Bybit Discount Buy is beneficial during a market consolidation phase when prices are expected to remain within a narrow range. 

This scenario allows either purchasing coins at a discount for later sale at the market rate or waiting for an upward breakout. However, using this feature during strong uptrends or downtrends may lead to missed opportunities or potential knockout situations, due to price movements breaking out of the expected range.

Determining whether to use Bybit Discount Buy involves comparing potential losses to potential gains in the contract, and assessing the 

, which depends upon plan parameters such as the Purchase Price, Knockout Price and Knockout APR. Generally, lower Purchase Prices elevate the risk/reward ratio, as they offer more significant discounts but increase the chances of being knocked out. 

Conversely, higher Knockout Prices lower the risk/reward ratio, as they provide a higher APR but reduce the chances of buying coins at a discount. Higher Knockout APRs increase the risk/reward ratio by offering more interest, but also heighten the chances of being knocked out.

When you use Bybit Discount Buy there are three specific potential outcomes, each presenting distinct conditions and strategies for users.

If the Settlement Price surpasses or equals the Knockout Price, users get back their principal plus the APR in USDT. 

Upon receiving USDT as a payoff, users have a couple of options: Reinvest it in buying more coins at a lower price, or put it into another Discount Buy plan with a higher APR or a lower Knockout Price.

Bybit offers several avenues for reinvestment, including 

 enables users to earn interest on their idle tokens by staking them in flexible or fixed-term plans. Choose from various tokens and durations and enjoy APR and other benefits. 

If the Settlement Price falls between the Purchase Price and the Knockout Price, you'll buy the desired coin at the Purchase Price and make a profit. This tactic locks in a lower price for the coin than the market rate at the settlement date.

 is a short-term trading tool tailored for low-volatility markets, allowing you to predict price movements within a specific time frame. Depending upon your forecast, you can deposit and potentially receive returns in USDT or crypto assets. With 21 coin pairs and three deposit periods available, Bybit Dual Asset 

 seeking enhanced returns, irrespective of market direction. It's ideal for those aiming to accumulate different crypto assets, capitalize on swings or make quick trades during both uptrends and downtrends.

 rewards you for providing liquidity to the Bybit Spot market. You can choose a trading pair, deposit funds to the liquidity pool, and earn income from trading fees and 

Buy Scenario 2: Less Profitable or Break-Even Purchase

When the Settlement Price falls below or equals the Purchase Price on Bybit, acquiring the target coin takes place at a rate that either doesn't yield profits or breaks even.

To minimize losses with Bybit Discount Buy:

 is a non-principal-protected product that offers a unique way to earn income from the crypto market. Unlike traditional trading, in which you buy and sell coins at the market price, 

 allows you to choose a base coin and a target coin, and receive a payoff based on whether the settlement price is higher or lower than the current price.

However, there’s also a risk that you may lose your entire investment if the settlement price falls within the preset range, which is determined by the product’s parameters. Therefore, Bybit Double-Win is more suitable for experienced investors who would like to capitalize on significant headline events that have shaken the industry or strategically manage risks associated with market volatility within a set time frame. Bybit Double-Win supports BTC, ETH and LINK as base coins and USDT as the target coin.

 are a type of derivative product that allows you to trade the price movements of various assets without owning them. You can choose to go long or short on a trading pair and 

 your position to amplify your profits or losses. For example, if you 

, you’ll incur 10 times the profit or loss as BTC’s price changes.

Evaluating Bybit Discount Buy for Your Trading Style

Bybit Discount Buy allows you to buy coins at lower prices than the market rates at settlement, based on the coins’ volatility. It’s ideal for traders who believe in the long-term growth of their desired coin and aren’t fazed by short-term price fluctuations. 

However, not all trading styles match this product. Here’s what to consider:

Bybit Discount Buy offers a strategic way to potentially acquire BTC and ETH at discounted rates. Not without its risks, It's best suited for investors looking to ramp up crypto holdings in bear markets at lower volatility levels. These investors feel more confident about long-term growth. Assessing market sentiment, understanding price trends and evaluating risk/reward ratios are critical. 

Each outcome — Knockout, Profitable Purchase or Less Profitable/Break-Even Purchase — provides a distinct feature that results in either a lower predetermined purchase price, offers a yield, breaks even or results in losses. Bybit also provides diverse avenues for reinvestment and portfolio expansion that complement Discount Buy. Make sure you align your opportunities with your trading style while considering volatility, liquidity needs and your time horizon. 

 and strategic use of this product can maximize its advantages for committed, risk-aware investors.

Intermediate

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Bybit Discount Buy: Your BTC and ETH Bull Market Advantage

PayPal has collaborated with MoonPay to provide its 426 million U.S. customers access to more than 100 different cryptocurrencies, adding to its original offerings of Bitcoin, Ethereum, and its stablecoin, PYUSD.

The SPX index was up 0.91%, as the market welcomed the dovish remarks from the Federal Reserve. The broader cryptocurrency market was down, with Bitcoin and Ether up by 4.14% and 1.68%, respectively in the past 24 hours.

Today’s outperformer is AR, which jumped 25.1% after HackMD integrates Arweave for permanent blockchain document storage.

Arweave (AR), launched in June 2018, is a decentralized platform for permanent data storage, leveraging its AR cryptocurrency to incentivize users and ensure data permanence. It offers easy web access and is developing moderation tools, with a key partnership with the Internet Archive highlighting its commitment to secure data preservation. 

 integrated with Arweave in March 2023, enabling users to permanently store documents on the blockchain. This feature ensures decentralized, immutable storage for important documents such as white papers. Users can export and import documents between HackMD and Arweave using the ArConnect wallet and browser extension, enhancing data security and permanence. This integration underscores HackMD's commitment to leveraging web3 technologies for secure and efficient document management.

Check Out the Latest Prices, Charts, and Data of 

PayPal has collaborated with MoonPay to provide its 426 million U.S. customers access to more than 100 different 

, adding to its original offerings of Bitcoin, Ethereum, and its stablecoin, PYUSD. This move reflects PayPal's increasing engagement with the cryptocurrency sector, highlighted by the rapid rise in PYUSD's market value and its integration into PayPal’s cross-border payment service, Xoom. This development occurs as U.S. regulators intensify their oversight of cryptocurrencies.

U.S.-based spot Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust, experienced a record single-day outflow of over $563 million. This coincided with a significant drop in Bitcoin's value. Despite the outflows, industry analysts affirm that such fluctuations are normal and the ETFs are functioning smoothly. 

Mode's community has propelled the platform into a leading Layer 2 network, boasting over $500 million in TVL and significant ecosystem growth. In response to this success, Mode will end 

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PayPal Expands Crypto Offerings to 426 Million U.S. Users through MoonPay Integration

Bybit Learn

web3

Altcoins

Explainers

Planet Mojo allows users to compete in a variety of exciting games while collecting NFT digital assets and other rewards with real-world value. Learn more here.

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Skinny_Banner-1600x400.webp

 games. Planet Mojo hopes to attract blockchain enthusiasts with its new gaming ecosystem. This exciting network of games, 

, cryptocurrencies and more offers some unique investment opportunities. To see how Planet Mojo works and learn if it's right for you, explore this guide.

 is a blockchain gaming ecosystem. It allows users to compete in a variety of exciting games while collecting NFT digital assets and other rewards with real-world value. The Planet Mojo metaverse includes a variety of deep narrative and strategic gameplay options to entertain players.

, got his start working on games for LucasArts. He assisted with the creation of 

 and several other popular titles. During his time working with VR games, Levine was introduced to the world of blockchain gaming. He decided to take his expertise in the traditional gaming industry and apply it to blockchain games.

. Together with many other industry experts, they launched Planet Mojo and its Mystic Moose gaming studio in 2021. The project 

 from Animoca Brands, Courtside Ventures and other investors.

Planet Mojo's central mission is to create an 

 web3 world. As its team were planning their project's future direction, they noticed that many web3 gaming studios failed to fully connect their games. Consequently, although the products may be designed by the same creator, players can’t switch easily between games.

By prioritizing interoperability, Planet Mojo hopes to create a more seamless and enjoyable player experience. Players can easily switch between PvP games, a dynamic endless runner game and more while using the same assets for each game. Planet Mojo also hopes to use this strategy when designing its game concepts, implementing the same core storyline for all parts of the Planet Mojo metaverse so that players can access a deep narrative, no matter what game they're playing.

-based system. It uses a secure, reliable 

-compatible network to handle in-game assets. The gameplay is designed with traditional coding methods, so participants can play on their computer or phone. Planet Mojo's games use Unity technologies to design its graphics and Unreal Engine 5 to run its games.

The Planet Mojo gaming ecosystem includes many different 

. Players receive NFT characters that they can use to compete and engage in a variety of games. They receive Ore tokens as rewards for playing, which can be used to level up their characters. Meanwhile, Gem tokens are distributed at a slower rate than Ore. Gems can be used to unlock skins and buy other collectibles. The final token in the Planet Mojo metaverse is its utility token, MOJO, which is used to pay for in-game services and experiences.

The Planet Mojo ecosystem offers many opportunities for members of the Planet Mojo community to have fun and socialize with each other.

 includes all the best parts of PvP games. Players control an army and fight for control of a battleground. Through tactics, strategic gameplay and specialized characters, players can receive advantages that help them earn more rewards. The Mojo Melee calendar includes set seasons of competition along with big tournaments like Mojo Bowl II.

The Mojo Marketplace is where players can buy and sell in-game assets. It accepts both MOJO and MATIC tokens during transactions. You can choose between standard Mojo creatures and champion versions that offer special perks.

Planet Mojo has a robust esports community. Players compete for a spot on the leaderboard and for exciting prizes. In addition to NFTs and tokens, winners of major tournaments like Mojo Bowl II also receive cash prizes. The next big tournament set to take place in the Planet Mojo gaming ecosystem is the Fall Faceoff in September 2024.

Planet Mojo NFTs are uniquely generated ERC-721 tokens that fall into four separate classes, based on rarity. Some of the NFTs can be leveled up to provide them with extra powers for games. There are also NFT mods that function as a type of exclusive skin. Players can add these to their NFTs to change their appearances without affecting their performance.

Mojo Maker is an interactive avatar system that connects to the Planet Mojo games. Players can use this beta feature to change the look of their avatars and their creatures. It encourages people to obtain more digital collectibles, and provides players with more customization options.

Since its launch, Planet Mojo has designed the Mojo Metaverse and successfully released the Mojo Melee game. They plan to update Mojo Melee soon with more crafting options and mobile capabilities, and with additional community events in the Mojo Melee calendar. Alongside the Mojo Melee updates, Planet Mojo is developing additional games, aiming to release a dynamic endless runner game called 

. The long-term goals of the Planet Mojo team include greater decentralization, increased player-led governance and more sustainable technology.

MOJO is an ERC-20 coin. It allows players to access game features and pay for services. There are a total of 

 available. Tokens will be gradually released over a 60-month period. The network plans on distributing them as follows:

Since its release in early April, MOJO's price has mostly fluctuated between $0.10 and $0.29. The token is selling for around $0.175 as of Apr 22, 2024. DigitalCoinPrice’s analysis suggests MOJO's prices will continue to rise to 

 in 2024 and $1.32 by 2030. In addition to its positive momentum, MOJO may be able to capitalize on general market trends. Forbes 

 for April 2024, which could carry MOJO to impressive gains in the upcoming months.

Looking to trade Planet Mojo tokens? Bybit now offers the MOJO/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of a 100,000 USDC prize pool.

. The first 2,000 new users who complete the following two steps between through Apr 23, 2024, 8:59AM UTC will receive 20 USDC each:

If you’re already a Bybit user (prior to Apr 8, 2024, 8AM UTC), no worries — because you can still earn 10 USDC! Simply accumulate a deposit volume of at least 1,000 MOJO during the event period, or deposit 200 USDT and trade at least 200 USDT worth of MOJO using your Bybit account. Please note that rewards will be distributed on a first-come, first-served basis to the first 2,000 users.

, is being held through Apr 23, 2024, 8:59AM UTC. Simply trade at least 1,000 USDT worth of MOJO on Spot during the event period to grab a share of the 40,000 USDC prize pool.

The more you trade, the larger your share of the prize pool. Rewards will be capped at 2,000 USDC per user.

The Planet Mojo project was launched by a team of reputable gaming industry experts, so it's managed to attract quite a few investors. Furthermore, the project is part of the wildly popular web3 gaming market that's performed quite well lately. These factors make MOJO an interesting option for investors who want to find promising startups and get in on the ground floor.

However, keep in mind that competition is fierce for gaming cryptos. Planet Mojo hasn't managed to attract a large number of gamers yet, and its social media communities are quite small. If MOJO fails to attract more people, it might exhibit a lackluster performance. Make sure to 

 before buying this token, and don't invest more money than you can afford to lose.

The Planet Mojo ecosystem and Mystic Moose gaming studio are a solid addition to the world of web3 gaming. They offer fun games in a uniquely interoperable environment, and they have a team filled with dedicated and talented members. Though the project's future direction is still uncertain, if it can get more players invested in the Planet Mojo community, Planet Mojo could do quite well.

Planet Mojo (MOJO): Blending Mythical Esports in a Web3 Arena

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards