The ETHBTC (ether-bitcoin) ratio has hit its lowest point since April 2021, reflecting a nearly 16% decline this year.

The SPX index is down 0.21%, recent economic indicators presented a mixed picture, showing a decrease in jobless claims, unexpected changes in import and export prices, underwhelming housing data, and stagnant industrial production. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.39% and 2.82%, respectively in the past 24 hours.

Today’s outperformer is LINK, which jumped 13.7% after DTCC Partners with Chainlink and Major Banks to Tokenize Mutual Fund Data.

Chainlink (LINK), launched on June 2017, is a cryptocurrency platform that connects smart contracts on blockchain with external data and services. It offers hybrid smart contracts and cross-chain interoperability. The Depository Trust and Clearing Corporation (DTCC) has collaborated with Chainlink and several major U.S. banks on a successful pilot, Smart NAV, to tokenize mutual fund data. This initiative, leveraging Chainlink's blockchain capabilities, contributed to a significant rise in Chainlink's cryptocurrency, LINK, which surpassed $14. The 

 showcased the potential for real-time, automated blockchain-based data dissemination, reducing complexities and enhancing data management across financial platforms. Despite a positive response and a boost in trading volume, LINK still faces challenges in fully recovering from previous market losses.

Check Out the Latest Prices, Charts, and Data of 

 has hit its lowest point since April 2021, reflecting a nearly 16% decline this year. This drop is attributed to various factors, including uncertainties around the approval of a spot ETH ETF in the U.S., competition from other blockchain networks like Solana, and a shift in investor preference towards bitcoin. Data shows substantial outflows from ether-based exchange-traded products, while bitcoin products have seen significant inflows. The rising market share of Solana in decentralized exchange volumes further challenges Ethereum's dominance. Regulatory uncertainties and negative sentiment towards ether, amplified by competitors and market dynamics, also contribute to its current underperformance. Additionally, ether has become inflationary, which reverses its previous deflationary trend and adds to the bearish outlook.

Bitcoin (BTC) dropped 1.47% on Thursday amid hawkish Federal Reserve commentary, reducing hopes for a September rate cut. Despite the downturn, U.S. BTC-spot ETFs saw continued inflows, reflecting persistent investor optimism about future Fed actions. Hawkish remarks from FOMC members indicated a potential sustained high-rate path, affecting market sentiment even as the Nasdaq fell. This mixed financial landscape suggests a cautious outlook for BTC, with investors closely watching further Fed communications and economic data.

The Ethereum layer-2 network, Blast, has announced a postponed 

 date for its BLAST token, now set for June 26, later than initially planned. To compensate for the delay, Blast will increase the airdrop allocation. The network plans to conduct two additional distributions of Blast Gold points, which are awarded to developers of decentralized apps on the platform and can be passed on to their users. The BLAST token airdrop will allocate half of its tokens to these developers and the other half to early users who bridged funds to the network before its mainnet launch in February. The network, known for its user incentives, has successfully leveraged such strategies to boost engagement and value, similar to its precursor, the NFT marketplace Blur.

Beginner

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Ether-Bitcoin Ratio Hits Three-Year Low Amid ETF Uncertainties and Rising Competition from Solana

LayerAI is a blockchain network that focuses on AI models and web3 services. Learn more about how it works here.

The soaring interest in artificial intelligence (

) technology has led to some intriguing developments in the crypto community. One of the latest projects looking to profit off of AI models is LayerAI, whose system hopes to explore some of the many applications of AI. In addition to offering data monetization options to users, LayerAI also plans to offer a broad range of other private 

) services. What is Layer AI's mission, and how does its ecosystem run? Explore this guide to find out the answers to these questions and more.

 is a blockchain network that focuses on AI models and 

 services. The ecosystem contains multiple components, including a scaling system, a VPN, a DEX, an NFT marketplace and a data monetization app.

, which was run by Jamila Jelani. Little is known about this initial founder of the system, who is no longer a part of the LayerAI team. LayerAI's official founder is 

, a full-stack developer who has worked on various crypto projects since 2021. He’s joined by other developers and marketers who have an interest in 

. Inspired by the growing fascination with AI, they decided to create a global data marketplace powered by AI and crypto technology.

 is to create a system for supporting the data economy. The LayerAI team believes that data is an emerging asset class that's being overlooked. There’s vast data collected during everyday electronic usage, and companies are extremely interested in purchasing behavioral data to assist with their marketing and product development. LayerAI aims to create robust cloud computing services that can handle the vast data collected, and reward users for contributing data to the LayerAI economy app.

In addition to promoting the data economy, LayerAI is also interested in a variety of other tools that can incorporate AI models. Its team hopes that their excellent data compression techniques can also prove valuable for other types of in-demand crypto applications. To achieve this goal, they've created a LayerAI ecosystem that explores many different services, such as private ZK-rollup technology and VPNs.

 Ethereum blockchain. This means that it has a network that runs parallel to Ethereum. LayerAI uses Ethereum's processing powers to provide a secure, reliable framework for its robust cloud computing services, but LayerAI also has its own software and protocols that process data in new and unique ways. Its Layer 2 technology allows LayerAI to do some unique things, such as set up a system for publishing data on-chain and use 

 to provide excellent data compression techniques.

 (CDK). This modular software toolkit provides a helpful way to manage the company's back-end infrastructure and data capsules. It ensures all of LayerAI's designs have 

 compatibility, but the CDK also offers them the flexibility to set their own gas fees and maintain self-sovereignty. 

LayerAI's global data market involves a broad range of features that take advantage of their compressed transaction data. The following are the main ways that data miners can interact with the LayerAI ecosystem and turn behavioral data into a valuable asset.

 program consists of a VPN with rewards for users. People browse the internet through 

, which collects and packages their information into data capsules. LayerAI then monetizes this data and passes on rewards to each user who provides the network with a valuable asset in the form of their collected data. The advanced data assets system weights rewards based on a user's level of participation.

) can store activity data. Users retain control over their data, and can choose to sell it to whichever companies within the LayerAI system that they prefer.

 allows users to collect the Data Capsule NFTs they need in order to earn a more substantial digital asset reward. It also helps to validate and secure the LayerAI network.

LayerAI hopes to create a global data marketplace where data is treated as an emerging asset class. People who use LayerAI services, such as their zero-knowledge proofs and compressed transaction data, can then choose to monetize this data on the marketplace. 

Since launching its network, LayerAI has shifted its focus to its ecosystem. There aren't any plans to upgrade the underlying LayerAI system or update the data economy app in the near future. Instead, the platform is looking for more products to add to its network. 

In terms of future plans, LayerAI seems to be pivoting away from its focus on the global data market and instead embracing other industry trends. According to LayerAI’s road map, its next goal is to tackle 

. The hope is to eventually design an animation studio and use AI models to create 2D and 3D games built on the blockchain. 

The LayerAI ecosystem uses several different types of tokens to handle all of their advanced data assets. 

LAI is a multi-value gas token. People can use it to pay for fees, and can also stake it to help validate the network. The LAI token also provides liquidity for the network so that data miners can process things more efficiently.

The DATUM token is a reward token for people with Data Capsule NFTs. People who contribute data by using LayerVPN and have “equipped” Data Capsule NFTs earn DATUM, which they can exchange for other valuable tokens. The DATUM token is primarily earned through LayerAI's data economy app.

. LayerAI is distributing these tokens according to the following plan:

LAI has seen a lot of price movement since it was released as "GPT" in 2023, going as high as $0.14 and as low as $0.006. In March 2024, LAI had a particularly notable jump in price after news of the network’s rebranding from CryptoGPT to LayerAI, which may have led to many users’ bullish outlook on LAI. Pricing data analysis from CoinCodex 

 may lead to further price leaps for LAI, which may even reach $0.13, close to its ATH, by the end of 2025 and $0.17 by 2029.

DigitalCoinPrice is as positive as CoinCodex, with 

 LAI price will reach $0.07 by the end of 2025 and $0.16 by 2029.

Looking to trade LayerAI tokens? Bybit now offers the 

. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the LAI/USDT Spot trading page. Since its rebranding, LayerAI has been working to get its LAI token listed on major exchanges. One of the easiest ways to purchase it is through Bybit.

LayerAI is emerging as an intriguing project, particularly due to its focus on AI and web3 gaming — a combination that’s gaining a lot of attention in the tech world. While the token shows potential and is experiencing some upward trends, it's important to recognize that its ecosystem's performance can be variable. 

Investing in LayerAI could offer significant returns, but it comes with inherent risks. The value of the LAI token isn’t yet stable, and could be subject to substantial fluctuation. Interested investors should approach LayerAI with cautious optimism, and are strongly advised to conduct 

 and consider market conditions meticulously before making any investment decisions.

While LayerAI has yet to prove it can offer substantial digital asset services, its idea of publishing data on-chain and compensating users for their behavioral data with the LayerAI economy app has captured the attention of many investors. In addition, the impressive growth of LAI has helped make it a token worth watching.

Intermediate

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LayerAI (LAI): Data Monetization With ZK-Rollup Technology

Symbiotic, a new competitor in the decentralized finance (DeFi) space, is being secretly funded by the co-founders of Lido and the venture capital firm Paradigm.

Daily Top Performer — Sei Network (SEI)

The SPX index is up 1.17%, the market's optimism has been supported by a robust earnings season. Investors are now awaiting new economic data including weekly jobless claims and the Philadelphia Fed manufacturing index, along with earnings reports from Walmart, Under Armour, and Baidu. The broader cryptocurrency market is up, with Bitcoin and Ether rising by 7.37% and 4.52%, respectively in the past 24 hours.

Today’s outperformer is SEI, which jumped 14.2% after Sei V2 Launch Phased Rollout Strategy for a Scalable Blockchain Upgrade to Parallelize the EVM.

Sei Network (SEI), launched on August 16, 2023, is a Layer 1 blockchain ecosystem built on Ethereum, designed to facilitate ultra-fast trading. It achieves high-speed transactions through built-in parallelization and automatic order bundling, leading to a significantly quick time to finality. The Sei V2 launch involves a phased rollout of a 

 on a live blockchain, requiring governance approval. It begins with a governance phase where SEI token holders approve the upgrade, followed by an alpha launch to deploy EVM-based contracts and integrate initial infrastructure. The final phase declares V2 stable, with all critical infrastructure operational. This strategy minimizes risk, optimizes performance, and aims to scale Sei into a blockchain for consumer-grade applications.

, a new competitor in the decentralized finance (DeFi) space, is being secretly funded by the co-founders of Lido and the venture capital firm Paradigm. It aims to compete in the emerging market of "restaking," similar to the service provided by EigenLayer. Unlike EigenLayer, which primarily accepts Ethereum (ETH) and some ETH derivatives, Symbiotic will allow for the restaking of any ERC-20 token, broadening its usability and potential integration with other decentralized applications. This move could significantly impact the DeFi landscape, challenging EigenLayer's rapidly growing influence. The backing by high-profile names like Paradigm and Lido's co-founders could position Symbiotic as a formidable force in the DeFi sector. The platform is expected to launch by the end of the year, emphasizing a permissionless protocol that could attract a wide range of decentralized services and applications.

Bitcoin (BTC) surged 7.44% to $66,168 on May 15, driven by US inflation and retail data suggesting a possible September Fed rate cut, which increased investments in BTC-spot ETFs. Notable inflows were reported for key funds like Grayscale and Fidelity. The day's economic insights spurred demand for riskier assets, influencing BTC ETF markets. Technical analysis indicates bullish signals for Bitcoin with potential near-term resistance at $69,000. Meanwhile, Ethereum (ETH) showed mixed trends, struggling below the 50-day EMA but maintaining above the 200-day EMA, suggesting bearish short-term but bullish longer-term prospects.

, an Overwatch-style shooter, is set to launch its NYAN token on the centralized exchange Bybit on May 21. The game, which has been in pre-alpha since March, has seen over 200,000 downloads and entered the top 30 titles on the Epic Games Store. Alongside the token launch, details about a NYAN token airdrop for players who participated in play-to-airdrop campaigns are expected soon. Players earn NYAN tokens by accumulating MEOW and CATNIP points through gameplay or social media engagement. The game, developed by Singapore-based 9 Lives Interactive, emphasizes gameplay over blockchain integration, allowing players to engage without crypto or a wallet. The game will also introduce a premium in-game currency for non-blockchain items and special "awakened" items that are tokenized and tradable, though engaging with the crypto aspects remains optional. 

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Symbiotic Emerges as New DeFi Challenger Backed by Lido and Paradigm in Restaking Market

Imaginary Ones is a web3 ecosystem known for its cute and family-friendly NFTs. Learn more about how it works in this article.

 available in the digital landscape, it can be difficult for projects to stand out. 

 hopes to rise above the competition by offering users additional features, such as casual gaming and digital entertainment. Is this system a complete game-changer for NFT digital assets? 

This guide will give you all the details about the Imaginary Ones world so you can see for yourself whether it's just art — or a fascinating new investment opportunity.

 ecosystem known for its cute and family-friendly NFTs. However, it's not just art and digital collectibles. The Imaginary World ecosystem also includes complex lore, entertaining games and exciting community events.

Imaginary Ones’ startup has a unique backstory behind its NFT digital assets. Its incredible journey started when it was launched in 2022 by animation artist Clement Chia and business director David Lee. Their focus on art and digital entertainment proved to be popular: in 2022, Imaginary Ones made the news with its 

 and partnerships with major designer brands such as Hugo Boss. Since then, Imaginary Ones has pivoted to offer users a variety of other features. Their system is now focusing on providing a broad range of Web 2.0 and web3 services. 

Imaginary Ones aims to provide a comprehensive web3 platform built around a cohesive set of lore. The Imaginary Ones team’s realization that many NFT projects have an initial burst of popularity (and then fail to maintain value once investors get bored) has shown them that in order to stay relevant, they need to offer their users more than just digital collectibles. To achieve this goal, Imaginary Ones has set out to create a gaming ecosystem and digital entertainment platform. They hope that their cute and friendly characters will provide users with immersive experiences that keep them coming back to the Imaginary Ones system.

Imaginary Ones is built on the Ethereum blockchain. Each Imaginary Ones NFT character is a blockchain-based token that ensures its owner has true ownership over the token. The ecosystem also uses blockchain technology to store data about its virtual worlds, provide a secure gaming experience and create tokens with which users can purchase items. 

The Imaginary Ones ecosystem also employs traditional Web 2.0 technology, with a software framework that runs the mobile gaming options and creates an easy-to-use interface for people to interact with the Imaginary World.

Imaginary Ones takes users on an incredible journey through a variety of entertaining systems. Here are the main features it offers.

Imaginary World is a dynamic, open-world setting for a variety of stories. Characters among the 8,888 personas in the Imaginary Ones NFT collection take part in lore, events and games, and the Imaginary World metaverse offers merchandise and intriguing content to explore. 

 is Imaginary World’s second NFT collection. Each NFT is a carefully curated, car-based piece of art that creates a unique digitally animated vehicle.

 is a set of 12 unlockable NFTs. Players participate in Imaginary Quests as part of the storyline, and over time they get to mint Imaginary Artifacts. These special NFTs unlock additional story levels, and provide additional experiences for players to enjoy.

 is thoughtfully designed to be part of the Imaginary Ones ecosystem. In addition to having sole ownership of an exclusive digital canvas, CMTTAT Foundation Piece owners also get special perks within the Imaginary World.

Any owner of an Imaginary Ones NFT can choose to 

 it in the Imaginary Ones world. Staking moves the NFT from your wallet to the website. You then get to participate in reward-sharing schemes and earn profits from your NFT.

 is an exciting program that encourages users to collect multiple NFTs. The site prompts users to obtain an NFT from each category, Having a squad assembled allows users to earn Rainbow Bubbles points that eventually turn into IO tokens.

 hold unknown prizes for users. Crates are distributed as part of the staking program, with users potentially receiving tokens, game assets and NFTs from them.

Imaginary Ones provides a complete gaming landscape for people to explore the Imaginary Ones universe. 

 is a mobile endless runner game. In addition to mobile games like 

, Imaginary Ones also features the Imaginary Carnival, which contains a whole host of interactive mini-games. These immersive experiences allow users to collect Bubble points and earn further exciting rewards.

As part of its upcoming token generation event, Imaginary Ones is scheduling an 

. BUBBLE tokens will be distributed to participating customers to reward them for their input in the Imaginary Ones ecosystem. In order to become eligible for the airdrop, you can refer friends, hold certain NFTs and mention Imaginary Ones on social media, all of which can help you earn points. 

Many of the Imaginary Ones Bubble Points rewards from the system's gaming experience options will also be converted to BUBBLE tokens. To start earning points for the airdrop, all users need to do is visit 

In just a few years, Imaginary Ones has built a complete blockchain ecosystem and attracted considerable attention from investors and crypto enthusiasts. The coming year (2024) is a game-changer for the ecosystem, since it’s mostly going to focus on the launch of the BUBBLE token. Imaginary Ones will be marketing this event with airdrops and incorporating it into their system. Toward the end of 2024, Imaginary Ones will further expand its gaming landscape by completing the public launch of the Imaginary Carnival gaming ecosystem and 

 token that will fuel the Imaginary World ecosystem of digital collectibles and casual gaming. This coin’s total supply is 

, but almost none of these have been minted and released yet. Once Imaginary Ones does release more BUBBLE, they plan on distributing the tokens as follows:

Looking to trade Imaginary Ones tokens? Bybit now offers the BUBBLE/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 

 where you can earn a share of the 260,000 USDT prize pool.

, in which the first 8,000 new users who complete the following two steps between May 13, 2024, 10AM UTC and May 27, 2024, 9AM UTC will receive 20 USDT each:

, is being held from May 14, 2024, 10AM UTC through May 27, 2024, 9AM UTC. Simply trade at least 1,000 USDT worth of BUBBLE on Spot during the event period to grab a share of the 70,000 USDT prize pool.

Please note that your ranking will be determined by your trading volume. If you rank higher, you’ll receive more rewards in return. Rewards will be capped at 1,000 USDT per user.

, will be held from May 15, 2024, 10AM UTC through May 22, 2024, 9AM UTC. Join the lucky draw to win USDT airdrops. New users and referees can win from the 30,000 USDT prize pool.

Although BUBBLE might be a new and unproven token, it's worth exploring. In the past, the IImaginary Ones universe of digital experiences has done a great job of attracting buyers. Their NFT collection has performed well, and they draw a lot of 

 to their metaverse. This is likely to translate to some impressive price increases for the BUBBLE token. 

However, crypto investments always have some risks, especially when a new token without a history of stable pricing is involved. Investors need to 

 BUBBLE before buying it, and it's wise to avoid putting more money than you can afford to lose into any single crypto.

Imaginary Ones has managed to take a simple NFT concept and turn it into complex virtual worlds, mobile gaming systems and exciting digital experiences. By using a cute and cohesive concept to explore blockchain technology’s various facets, the project has captured a lot of fans. With the release of its very own cryptocurrency, Imaginary Worlds hopes to take its system to the next level.

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Imaginary Ones (BUBBLE): Making Web3 Fun and Accessible

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Memes

Altcoins

Explainers

Brett is a meme coin loosely related to the Pepe meme. In the original Matt Furie webcomic that created Pepe the Frog, Brett was Pepe's best friend.

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 is one of the stars. This cartoon of a frog has spawned countless cryptos, memes and 

, so it's no surprise that many other crypto creators hope to capitalize on Pepe's fame. Brett is a promising new project that aims to attract Pepe fans by paying homage to classic internet webcomics. Will Brett's association with Pepe be a benefit or a burden? Explore this guide to find out how the two cryptos are connected, and why so many meme fans are interested in Brett.

Brett is a new cryptocurrency meme coin that’s loosely related to the Pepe meme. Originally conceived in the Matt Furie webcomic that created Pepe the Frog, Brett was a blue animal who was Pepe's best friend. Brett crypto pays homage to this character by making Brett the face of its project.

Little is known about who founded Brett or what their eventual goals are, but 

 and social media presence share some details about the project’s plans. Brett is all about building a supportive community on the 

 chain. The Brett team chose a mascot from a Matt Furie comic as a way to attract fans of the original meme. Though its members aren’t officially affiliated with Furie in any way, they hope that their crypto's name and mascot will resonate with internet meme enthusiasts. 

Brett’s team aims to attract strong support from this community and convert it into engagement for the Brett cryptocurrency. Through memes and other forms of casual marketing, Brett’s developers hope to raise awareness and get more people involved in the project, turning fans into a thoughtful community that can demonstrate the potential of the Base chain and eventually create more collaboration with other Base projects. 

The Brett token is built on the Base chain, an Ethereum 

 designed by Coinbase. It runs parallel to the main 

 blockchain, and processes transactions independently. All transactions made on Base are then bundled into a 

 and posted on the main Ethereum chain. 

By running its project on Base, Brett’s team receives access to Base’s helpful blend of security and scalability. The Ethereum blockchain provides a reliable way to process transactions, while Base obviates potential long transaction times and high gas fees. Brett’s team hopes to make use of Base’s compatibility with other chains. In the long run, this will support Brett’s crossovers with other meme projects, NFT collections and web3 

The BRETT meme coin can be used for trading and participating in meme culture. BRETT has a token supply of just under 10 billion, 85% of which will provide liquidity for the Brett system and remain locked for 35 days. Another 10% will go into a treasury for ecosystem development, and 5% will be used for the Brett 

BRETT was released without much fanfare in February 2024. However, beginning around Mar 5, 2024, BRETT price started climbing upward and didn't slow down. By Apr 8, 2024, it achieved its ATH of $0.08617. Since then, Brett has continued to perform well, staying above $0.05 for the most part. As of Apr 29, 2024, its price is $0.04769, with a market cap of $403 million.

These pricing trends have made BRETT popular, and it has large numbers of token holders and a respectable trading volume. BRETT has also made history as one of the first meme coins on the Base chain to make it into Coinbase's list of top cryptocurrencies. 

Looking to trade BRETT tokens? Bybit now offers both the BRETT/USDT Spot trading pair and BRETTUSDT Perpetual contracts. To get started, you’ll first need to 

, fund it with cryptocurrency, and navigate to the 

There are several factors that make Brett a promising investment. First of all, the fact that it's built on the Base chain has helped it attract attention from crypto enthusiasts who like to build on Base. Furthermore, the token has done a good job of capitalizing on past memes. By picking Pepe's best friend as its mascot, this coin gets a built-in fan base who have a proven history of buying meme coins. 

In addition to all the helpful hype, Brett also has a highly reassuring history of stable prices. Unlike many other meme coins, it's managed to maintain its spot as one of the top trending coins for almost a month. According to DigitalCoinPrice, 

 the coin is likely to reach $0.10 by 2024 and $0.36 by 2030.

There are many reasons to get excited about BRETT. However, cryptocurrency is inherently a volatile asset, and even the best meme coins go through drastic changes in price. Since most of these coins don't have any utility outside of trading and entertainment, it can be challenging to predict when prices will change. For best results, investors need to 

 before purchasing BRETT or any other meme coins.

As one of the first big meme coins built on the Base chain, BRETT is in an exciting position. In just a few short months, it's experienced large price increases without any major declines. Many people believe this success is due to Brett's ability to win over Pepe enthusiasts. Ultimately, BRETT is certainly worth checking out if you’re interested in investing in meme coins.

Brett (BRETT): Pepe's Best Friend on the Base Blockchain

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards