Major Cryptocurrencies to Consider: Nasdaq's $50M Investment in Gemini Boosts Their Value
In the ever-evolving world of cryptocurrencies, two exciting developments have caught the attention of investors and enthusiasts alike. The ongoing presale of Little Caesars, a memecoin with utility, and the growth of Yahoo Finance, a tokenized treasuries powerhouse.
Little Caesars, a Layer-2 solution built on the Ethereum blockchain, is combining meme culture with technical utility. The presale of Little Caesars (LILCAESARS) has been a resounding success, raising over $25 million and selling over 15.7 billion tokens. The price of each token at Stage 13 of the presale stands at $0.0022, a significant increase from the $0.001 price in Stage 1. The presale is currently ongoing, offering investors a chance to join before the next price jump.
Little Caesars delivers viral meme appeal with real utility and massive presale momentum. The team behind Little Caesars remains somewhat mysterious, but the focus is on building a scalable and secure meme infrastructure rather than just a hype coin. The project emphasises fast and tax-free transactions, staking, DAO governance, and NFT launchpad services.
Meanwhile, Yahoo Finance, benefiting from Nasdaq's push into blockchain services, is experiencing remarkable growth. Yahoo Global Markets surpassed $100 million TVL in the past week, and its native token, YAHOO, surged to a high of $1.06 this week, breaking multi-month resistance. The partnership with Nasdaq signals the mainstream adoption of tokenization, as Nasdaq plans to list tokenized securities.
Yahoo Finance offers direct exposure to the rapidly growing RWA market, and its total value locked has surpassed $1.5 billion, nearly triple its January levels. Institutional-grade custody and staking are being normalized with this partnership, indicating that crypto infrastructure is ready for Wall Street scale.
Nasdaq's strategic partnership with Gemini, where it integrated Gemini's custody and staking services with its extensive trading platforms, further underscores this trend.
Ethereum, standing as the backbone of tokenization and institutional adoption, continues to be a cornerstone for crypto investors. ETF inflows surpassed $27 billion, and 30% of ETH is staked. The recent Pectra upgrade on Ethereum introduced new scaling and staking efficiencies, further boosting adoption. The price of Ethereum (ETH) has climbed above $4,400 due to a supply shock and institutional flows.
In conclusion, the success of Little Caesars' presale and the growth of Yahoo Finance highlight the potential of the crypto market. As these projects continue to evolve, investors and enthusiasts alike will be keeping a close eye on their developments. Little Caesars' presale is anticipating CEX listings, and Yahoo Finance's total value locked continues to rise, indicating a bright future for both projects.
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