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Shiba Inu Chart Hints a Potential Downturn as a New Multi-Chain Meme Coin Rises

Shiba Inu (SHIB) has been in the news lately due to leadership controversies, causing a stir in the cryptocurrency market.… Continue reading Shiba Inu Chart Hints a Potential Downturn as a New Multi-Chain Meme Coin Rises
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Shiba Inu (SHIB) has been in the news lately due to leadership controversies, causing a stir in the cryptocurrency market. Analyzing its recent performance reveals key levels on its chart, helping us understand its volatile price movements.

Meanwhile, another promising project with a Shiba Inu theme, Base Dawgz, has raised over $2.5 million in its presale, suggesting its potential for significant growth.

Could this new meme coin be a potential investment amidst the $SHIB controversy?

Shiba Inu (SHIB) price analysis

The recent price action has seen Shiba Inu (SHIB) bounce aggressively off the 0.5 Fibonacci retracement area. This level typically indicates the direction of the market. Had Shiba Inu consolidated below this level, it could have confirmed a trend reversal and expected further downside.

However, the bounce from this level suggests a continuation of the bullish trend, despite the parabolic nature of the recent price movement. Parabolic moves often indicate potential pullbacks. Monitoring the next daily candle close is essential.

The recent close below the 0.382 Fibonacci retracement is bearish, while closing above the 200 EMA is bullish. The mixed signals suggest resistance and the possibility of a pullback.

If another candle closes in this unfavorable area, it may lead to a substantial pullback, potentially testing the 21 EMA. The stochastic indicator points to a potential downside with high momentum, indicating a possible pullback.

Traders should watch for a spinning top candlestick pattern, which could confirm misdirection and a subsequent pullback. In such a scenario, a breakout from the 200 and 21 EMAs down to the 55 EMA and the consolidation point could offer a trading opportunity.

The potential for a pullback is high, and traders should monitor key levels and indicators closely.

A bearish trend might emerge if critical supports are broken, offering trading opportunities for those prepared. For those seeking alternative investments, check out our 2024 guide to the best meme coins to buy.

A Profitable Alternative Investment: Base Dawgz (DAWGZ)

Base Dawgz (DAWGZ), an intriguing new project within the Shiba Inu theme, has gained significant traction.

This multi-chain meme coin is built on the Base Chain, a layer 2 solution on Ethereum. With over $2.5 million raised in its presale, Base Dawgz demonstrates strong community support and investor confidence.

Base Dawgz aims to be the first multi-chain meme coin asset, offering seamless interoperability across several blockchains, including Ethereum, Binance Smart Chain (BSC), Avalanche (AVAX), and Solana.

This cross-chain capability ensures users can navigate the decentralized world without limits, making Base Dawgz a unique and innovative addition to the meme coin space.

The project is designed for those who crave adventure and innovation, pushing the boundaries of what’s possible in the crypto space.

Base Dawgz provides a high-octane journey, offering participants the chance to join a vibrant community and experience the thrill of seamless multi-chain trading.

Base Dawgz stands out with its well-defined and equitable tokenomics, guaranteeing a fair distribution of tokens for various purposes.

This robust structure is further validated by the project’s thriving presale, which highlights strong community backing and investor confidence.

GM $DAWGZ

Say it back if you want to fly! pic.twitter.com/T47D1m0Itf

— Base Dawgz (@BaseDawgz) July 18, 2024

The belief in Base Dawgz’s potential is further amplified by numerous crypto experts and YouTubers publicly revealing their investments in the project.

This widespread exposure through the presale and media coverage has undoubtedly bolstered investor confidence, setting the stage for Base Dawgz’s future success. Base Dawgz also emphasizes community engagement.

An airdrop encourages users to join the community, create memes, and connect their accounts to participate. This approach fosters a sense of belonging and excitement within the Base Dawgz ecosystem. Potential investors can visit our guide on how to buy Base Dawgz tokens here.

Conclusion

Shiba Inu’s recent price action is a puzzle, hinting at both a possible uptrend and a potential pullback. By closely monitoring key indicators and levels, traders can navigate this volatility and potentially capitalize on price movements.

Meanwhile, a new meme coin project called Base Dawgz is poised to shake things up.

With its focus on multi-chain compatibility and fostering a strong community, Base Dawgz offers a unique opportunity for investors to join a project on the ground floor and be part of the next big thing in the meme coin space. To participate in the $DAWGZ token presale, visit basedawgz.com.

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Top 3 Meme Coins Primed for Takeoff as Market Shifts Bullish – $DAWGZ, $PEPU, and $SHIBASHOOT

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What is EA Sports FC 25’s new ‘FC IQ’ feature?

EA Sports loves to put buzzy marketing names on new features in its games. “FC IQ” is no different in… Continue reading What is EA Sports FC 25’s new ‘FC IQ’ feature?
The post What is EA Sports FC 25’s new ‘FC IQ’ feature? appeared first on ReadWrite.

EA Sports loves to put buzzy marketing names on new features in its games. “FC IQ” is no different in this regard. But there’s real depth in this, serving all modes of play, and that arrives when the game launches on Sept. 27.

FC IQ, put simply, is a tactical layer that allows players greater direction over their side’s behavior and priorities. For three years, the game has incorporated thousands of animations and pitch movements through its “HyperMotion” engine, which draws on camera captures from real-life games as well advanced player analytical data from the Opta firm. FC IQ is the application of both technologies, which the player can control.

In EA Sports FC 25, players can define not just the tactical approach of an entire squad, but the role every player performs within it. That’s impressive, and a little intimidating, but the game will also deliver prompts throughout a match, depending on its flow, to suggest players switch tactics, should they be preoccupied with the instant action on the gamepad.

“I’m passionate about tactics,” said Thomas Caleffi, the producer who shepherded the feature into EA Sports FC 25. He played for the youth squad of Grêmio, his diehard favorite side, in his home of Brazil, even. “Tactics is such an important part, and in our game, it existed, it was there, but I never thought it was really integrated. It was kind of like ‘OK, you can do the tactics, and that’s cool, but if you don’t touch it, it’s also fine.’”

In a presentation Caleffi illustrated what he meant by integrating tactics within the game. It was almost dizzying, the number of roles that could be played, and not just by the goal-scoring personnel. He showed a defensive backfield that operated on the false fullback style that Manchester City manager Pep Guardiola is known for. But from there, the left fullback had been given an attacking wing role. The central attacking midfielder was designated as a “shadow striker.” The forward and his strike partner had traditional finish-the-job roles.

I won’t pretend to understand it, as I’m not a knowledgeable soccer fan in the least. But it sent a message that EA FC’s AI-driven players can now push out the boundaries of their roles, such that when you switch over to them, they’ll be somewhere more advantageous and useful than the old set of D-pad tactics, which was an all-unit directive that ranged from all-out attack to park the bus.

“Just because you have superstars doesn’t mean you have a superstar tactic in place,” Caleffi said, referring to older versions of the EA FC/FIFA series. “It doesn’t mean your team is going to perform well every time. So that’s where things started coming from: “Do I get the best of my players? Do I make them play as a team? And do I maximize that team through tactics?’ That’s where it started.”

The important thing to remember about EA Sports FC 25’s virtual professionals is they’re coachable. Though they arrive with traits showing which roles they’re most adaptable to, they can always be brought along into a different style of play, because coaches still coach and players, even the highest paid superstars, still learn. Tactics are not chemistry-dependent in other words, or a take-it-or-leave-it proposition that means a manager who wants to deploy a new style of offense must find go out and find bespoke personnel who fit that if it’s going to have a chance of success.

Players will start with three and as many as five roles, from a group of 31 overall, that define how they approach their position. These roles will have a percentage value, showing how well they can fill that type of a job.

They’re also specific to the position. For example, fullbacks have an “attacking wingback” role option, where wing forwards have “wide playmaker.” But they can always be groomed for a new role, it just may take some time to ease them into it. If you want to run a tiki-taka, fast-passed, quick passing offense that needs a false 9 striker, you can convert your star to that role.

There are almost 20,000 players in EA Sports FC 25, so to assign these roles (and rate the player’s strength at performing them) Caleffi and his team built an algorithm that analyzed the Opta data their game was already using (in the form of Hypermotion) and built a profile of every player’s traits and tendencies. Any attempt to do this by hand — that is, watching a player’s film and judging his strengths and weaknesses — would have been prohibitively time-consuming.

“If players want to dive deep, and spend all of their time in the menus, they can,” Caleffi said. “That’s why there’s so much depth, and different familiarities, and different roles, that players can try to maximize and play around. But also, from the beginning, we wanted to make sure that if you didn’t want to spend that much time in the menus, in Ultimate Team, you can just pick a manager you like, and then you get that manager’s tactics.”

Does FC IQ require a lot of time to set up?

Caleffi is referring to a one-button press option in Ultimate Team where a player can go, OK, I’ve picked up this manager, now everyone on a team comprising stars from all over the world is going to play his style of game. But the point holds through other modes, too, which is simply that the game will go as deep as a player wants to go with their tactics for their side.

Some may be completely oblivious to the tactical use of their personnel, in which case EA Sports FC 25 will surface little nudges and notices suggesting things from a change in the pace of play all the way to substitutions. The point is that it’s not always up to the player to be mindful of a tactical layer as they’re also trying to execute, in real time, with the personnel in hand.

“LIke, I love tactics, but sometimes I forget, honestly,” Caleffi said. “Or if you’re in Career mode, and you’re like, ‘I just want to get into the match.’ But ‘Oh, damn, I didn’t do that.’ It’s OK. I’m going to get some suggestions. Or sometimes you’re so focused on the match that you didn’t realize you could change your tactics to do something better. So we’re like, ‘Hey, you should be winning this match, how about you go more attacking, more possession-based.’ It will pop up the message, and you just press the button, and your team will change to more possession based.”

FC IQ is one of those long-burn features, whose effects will be felt over a large stretch of play rather than in a single instance. But after three years of collecting data, from captured footage of real matches to the player-evaluation analytics that Opta provides, it’s interesting to see EA Sports develop an application of it, rather than continue to be passive observers.

We’ll find out what FC IQ really means for the game when it launches Sept. 27 for Nintendo Switch, PlayStation 4, PlayStation 5, Windows PC, Xbox One, and Xbox Series X.

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Former Goldman Sachs Analyst Predicts New Profitable Cycle for Meme Coins – Shiba Inu and PlayDoge Are Experts’ Top Picks

Former Goldman Sachs analyst Murad Mahmudov predicts the meme coin price surge as the start of a profitable cycle, urging… Continue reading Former Goldman Sachs Analyst Predicts New Profitable Cycle for Meme Coins – Shiba Inu and PlayDoge Are Experts’ Top Picks
The post Former Goldman Sachs Analyst Predicts New Profitable Cycle for Meme Coins – Shiba Inu and PlayDoge Are Experts’ Top Picks appeared first on ReadWrite.

Former Goldman Sachs analyst Murad Mahmudov predicts the meme coin price surge as the start of a profitable cycle, urging traders to invest despite their volatility.

Cryptocurrencies faced a tough month, causing retail investors to worry about the future, but analysts remain very optimistic. Despite recent market ups and downs, experts believe there will be a comeback, especially for meme coins like Shiba Inu.

“There’s a lot of fear in the market right now,” an analyst said recently. “But historically, these are the times when meme coins tend to surge in value.”

Mahmudov has made major predictions before, and while not all of them were accurate, his latest one might come true, especially since recent market trends seem to support it.

He previously advised crypto investors to focus on meme coins. Many saw this as an exaggeration, considering assets like Bitcoin, Ethereum, Solana, and other major cryptocurrencies also have significant potential.

However, since the meme coin sector hasn’t peaked yet, they might outperform top-ranking cryptos. Recently, Shiba Inu had some of the most dramatic gains in the meme coin sector, with a roughly 15% increase in the last week. This was a refreshing change after the token’s 32% drop in June.

While SHIB hasn’t fully recovered to its earlier levels, it has gained momentum. This is why experts are interested in it and why now might be a good time to invest. Another meme coin that deserves attention in the current market is PlayDoge (PLAY).

PlayDoge presale approaches $6 million milestone

The PlayDoge presale is rapidly gaining momentum and is nearing the $6 million mark. Early investors can buy $PLAY tokens at $0.0052 each, with promising growth anticipated.

Analysts with optimistic views on PlayDoge include Matthew Perry, Oscar Ramos, and Jacob Crypto Bury.

PlayDoge is the hottest memecoin on the market, and its presale is already soaring in this struggling market.https://t.co/671BYhmBSq

— Tech Times (@TechTimes_News) July 18, 2024

Additionally, the PlayDoge team has received coverage from various crypto media outlets, suggesting they have secured partnerships or deals with these platforms.

The project’s X and Telegram followings are growing swiftly, with 6k and 10k followers and members, respectively. To reassure investors, PlayDoge has completed a SolidProof security audit and received a high rating.

The tokenomics of $PLAY favor early investors, with 50% of the total 9.4 billion token supply allocated to the presale. An additional 12% is set aside for staking, and 10% is reserved for marketing to keep the coin visible. As both GameFi and meme coins gain popularity, PlayDoge aims to capitalize on its upcoming DEX listing.

PlayDoge: Play-to-Earn game and staking rewards

PlayDoge is a new and rapidly gaining popularity meme coin. It combines the classic Doge meme, the play-to-earn (P2E) gaming model, and a nostalgic nod to the 1990s virtual pet craze, Tamagotchi.

The project will feature a mobile gaming app where users can care for and interact with their own 8-bit pixel Doge pet. The game includes mini-games and activities aimed at strengthening the bond between users and their virtual pets, while also providing chances to earn rewards for attentive care.

Players earn $PLAY tokens by actively engaging with the game, feeding their Doge, and completing various tasks. The better they take care of their pixelated pet, the more $PLAY tokens they can earn.

The aim is to create a P2E environment where game involvement directly leads to earning crypto rewards. Unlike many other tokens, PlayDoge offers genuine utility.

Holders of $PLAY tokens can stake them on either the BSC or ETH networks. Keep in mind that the annual percentage yields (APYs) differ between these networks, and staking early can yield higher returns as the percentages decrease with more holders.

Given the current demand and expected growth in the meme coin sector, participating in this presale appears to be a smart decision. $PLAY is positioned to outperform other meme coins in the next market rally.

To take part in the $PLAY token presale, visit playdoge.io.

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New Play-to-Earn Meme Coin Aims to Become the Next GameFi Gem After Raising Over $5.7 Million in Presale

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OpenAI debuts mini version of its most powerful model yet

OpenAI has confirmed the launch of a cut-price mini-model in an initiative to expand its user base, amid growing competition… Continue reading OpenAI debuts mini version of its most powerful model yet
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OpenAI has confirmed the launch of a cut-price mini-model in an initiative to expand its user base, amid growing competition in the sector. 

GPT-4o mini is available now, described by the company as “the most capable and cost-efficient small model available today,” based on GPT-4o. The new model will cost 60% less than OpenAI’s existing, cheapest option, but it will return a much greater level of performance. 

A press release from the company set out the full details of the new product, which will immediately support text and vision, with plans to integrate image, video, and audio at a later point. 

The ambition of “multimodality” is not a new juncture for OpenAI as COO Brad Lightcap told CNBC last year, “The world is multimodal. If you think about the way we as humans process the world and engage with the world, we see things, we hear things, we say things — the world is much bigger than text.” 

“So to us, it always felt incomplete for text and code to be the single modalities, the single interfaces that we could have to how powerful these models are and what they can do.”

Confidence in the company’s direction

OpenAI – which is also said to be developing a Strawberry model to improve AI reasoning – has introduced 4o mini as part of moves to make AI “as broadly accessible as possible” but beyond the PR, there is a need to expand its services with more providers coming in to the AI space, especially those with smaller and free open source model options. 

At the other end of the scale, Meta is expected to make a big splash very soon with the launch of Llama 3, its most advanced, free AI assistant.

There will be an expectation on company chiefs to stay ahead of the curve, and at the cutting edge of AI developments, especially from backers Microsoft but the relationship appears to be secure. Last week, the tech giant announced it would relinquish its observer seat on OpenAI’s board after witnessing “significant progress” in recent months and expressing “confidence in the company’s direction.”

GPT-4o mini is available now to free users of ChatGPT, as well as subscribers ChatGPT Plus and Team plans. The rollout is due to be extended to ChatGPT Enterprise users next week, as stated in the company press release.

 

Image credit: Shantanu Kumar/Pexels.

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Ethereum co-founder urges broader political perspective in crypto

Vitalik Buterin, Ethereum’s (ETH) co-founder, has cautioned against basing political allegiances solely on a candidate’s stance on cryptocurrency. In a… Continue reading Ethereum co-founder urges broader political perspective in crypto
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Vitalik Buterin, Ethereum’s (ETH) co-founder, has cautioned against basing political allegiances solely on a candidate’s stance on cryptocurrency.

In a recent blog post, Buterin expressed concern over the growing trend in the crypto community to support politicians primarily based on their crypto-friendly policies. He wrote:

I argue that making decisions [on who to vote based on the candidate’s position towards crypto]  carries a high risk of going against the values that brought you into the crypto space in the first place.

Vitalik Buterin noted that recent legislative efforts, such as the Financial Innovation and Technology for the 21st Century Act (FIT21) in the United States and the Markets in Crypto-Assets regulation (MiCA) in the European Union, have spurred increased political engagement within the crypto sphere. However, he argues that this approach may contradict the fundamental values of the crypto movement.

Look beyond crypto in politics

Vitalik Buterin warns that supporting politicians solely for their pro-crypto stance could create a situation where candidates only need to claim support for crypto to gain backing, regardless of their other policies. Buterin suggests this oversimplification might lead to supporting politicians who, while nominally pro-crypto, could actually hinder the broader crypto ecosystem through other legislative actions:

All that politicians have to do is make sure it’s easy for you to trade coins.

Contrasting with Buterin’s perspective, billionaire Mark Cuban has expressed a different view. Cuban believes that crypto policy could be a decisive factor in the upcoming U.S. presidential election. He has suggested that President Joe Biden’s stance on crypto might even cost him re-election.

Do you really think he understands anything about crypto? Beyond saying he made money selling NFTs?

Neither of them does.

And I have said many times that Biden has to choose between Gensler or crypto voters or it could cost him the Whitehouse

— Mark Cuban (@mcuban) June 9, 2024

Cuban emphasized the importance of crypto to younger and independent voters, stating, “Crypto voters will be heard this election.” He also asserted that Biden needs to choose between supporting SEC Chair Gary Gensler’s approach to crypto regulation or appealing to crypto-friendly voters.

If @joebiden loses, there is a good chance you will be able to thank @GaryGensler and the @NewYork_SEC
Crypto is a mainstay with younger and independent voters. Gensler HAS NOT PROTECTED A SINGLE INVESTOR AGAINST FRAUD

All he has done is make it nearly impossible for… https://t.co/uBKupxLhS9

— Mark Cuban (@mcuban) May 10, 2024

 

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Meta abandons plans to introduce Llama 3 AI model in the EU

Meta, the parent company of Facebook, Instagram, and WhatsApp has confirmed it will not launch its multimodal AI model Llama… Continue reading Meta abandons plans to introduce Llama 3 AI model in the EU
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Meta, the parent company of Facebook, Instagram, and WhatsApp has confirmed it will not launch its multimodal AI model Llama 3 in the European Union due to concerns over the “unpredictable” regulatory environment. 

Meta made this declaration amid ongoing unease at the obstacles in its way, due to the bloc’s introduction of legislation such as the Digital Markets Act (DMA) and the upcoming EU AI Act/ Many other firms share the consternation and reluctance to launch products in the EU due to what is viewed as unfavorable conditions.

“We will release a multimodal Llama model over the coming months – but not in the EU due to the unpredictable nature of the European regulatory environment,” said a Meta spokesperson, underlining the friction between big tech and Brussels.

Multimodal AI models like Llama 3 are designed to work with several formats, including images, text, audio, and video. However, there will be no introduction for the open-source model in Europe, at least not for the foreseeable future.

It is believed the decision to pull Llama 3 from the EU relates specifically to concerns over compliance with GDPR rules. Meta has been compelled to pause training its AI with posts from Facebook and Instagram users due to a potential violation of privacy rules.

In recent days, the EU issued compliance deadlines for AI companies to adhere to the incoming AI Act, giving operators until August 2026 to react and make changes in areas such as copyright, transparency, and AI output.

Apple’s pushback against the Digital Markets Act

Meta’s decision to abandon the EU rollout for Llama 3 follows a similar act by Apple, which has indicated it will likely skip Europe for the introduction of Apple Intelligence. This decision was directly impacted by the DMA, which is designed to prevent anti-competitive behaviors.

The iPhone maker believes compliance with the DMA rules would create vulnerability and potentially compromise the security of their devices.

Last month a company statement said, “Specifically, we are concerned that the interoperability requirements of the DMA could force us to compromise the integrity of our products in ways that risk user privacy and data security.”

Image credit: Via Unsplash

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Grayscale unveils new fund focused on AI cryptos

Grayscale Investments has introduced its latest offering: the Decentralized AI Fund, targeting artificial intelligence protocols within the cryptocurrency space. According… Continue reading Grayscale unveils new fund focused on AI cryptos
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Grayscale Investments has introduced its latest offering: the Decentralized AI Fund, targeting artificial intelligence protocols within the cryptocurrency space.

According to a July 17 press release, the new fund aims to provide accredited investors with exposure to the growing intersection of AI and blockchain technology. The announcement describes the investment product as follows:

The Fund seeks to provide investors with exposure to protocols in the burgeoning artificial intelligence sector within the crypto ecosystem.

The Decentralized AI Fund will concentrate on a select group of protocols, including Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). With quarterly rebalancing, the fund seeks to capitalize on the decentralized, accessible, and transparent nature of blockchain technology in the AI sector.

The fund targets three primary categories: protocols developing decentralized AI services, solutions addressing AI-related challenges, and essential AI infrastructure. These areas encompass a range of applications from chatbots and image generation to authenticity verification against bots and deepfakes, as well as decentralized platforms for data storage, GPU computation, and 3D rendering.

The assets

As of July 16, 2024, the fund’s asset allocation stood with Near (NEAR) at 32.99%, Filecoin (FIL) at 30.59%, Render (RNDR) at 24.86%, Livepeer (LPT) at 8.64%, and Bittensor (TAO) at 2.92%. Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research said:

The rise of disruptive technologies has created compelling opportunities for Grayscale’s investors since our 2013 inception, and we believe the launch of the Grayscale Decentralized AI Fund provides an opportunity to invest in Decentralized AI at its earliest phase. […] The blockchain-based AI protocols embody the principles of decentralization, accessibility, and transparency, and the Grayscale team feels strongly that these protocols can help mitigate the fundamental risks emerging alongside the proliferation of AI technology.

This launch follows Grayscale’s introduction of the Dynamic Income Fund (GDIF) in May. GDIF caters to high-net-worth investors, focusing on proof-of-stake tokens and aiming to optimize returns through dynamic strategies and staking rewards.

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New Crypto Launch ‘The Meme Games’ Merges Pepe Coin, Brett And Other Viral Memes

As the meme coin market surges past the $50 billion valuation mark once again, a new contender has entered the… Continue reading New Crypto Launch ‘The Meme Games’ Merges Pepe Coin, Brett And Other Viral Memes
The post New Crypto Launch ‘The Meme Games’ Merges Pepe Coin, Brett And Other Viral Memes appeared first on ReadWrite.

As the meme coin market surges past the $50 billion valuation mark once again, a new contender has entered the arena with ambitious goals: The Meme Games.

Launched amid fervent anticipation on September 10th, 2024, this token aims to capitalize on both the explosive popularity of meme coins and the upcoming 2024 Paris Olympics.

What is The Meme Games project?

The Meme Games introduce the crypto meme coin Olympics, blending meme coin fervor with the essence of the 2024 Olympics. Participants select their favorite meme character and cheer them on as they strive for victory, potentially multiplying their holdings.

The $MGMES token acts as the key to this exhilarating experience, promising significant rewards amidst the best memes in crypto.

It aims to establish itself as a cornerstone of meme coin culture and competition, offering entertainment and substantial rewards to all involved.

By harnessing the global excitement surrounding the 2024 Olympic Games, The Meme Games aim to foster unity and enthusiasm within the crypto community.

The vision is to create a gamified and distinctive token presale, where participants can immerse themselves in the thrill of competition, the camaraderie of community, and the anticipation of lucrative meme coin gains.

 A gamified presale with Olympic-themed meme coin competition

The Meme Games introduce a revolutionary approach to cryptocurrency presales, transforming it into an Olympic-themed competition among meme coins.

Participants worldwide can choose their champion from five legendary meme characters: Dogecoin, Pepe, dogwifhat, Brett, and Turbo. Each character brings a unique flair to the competition.

Source – The Meme Games Twitter

To participate, users need to purchase $MGMES tokens during the presale. The more tokens acquired, the greater the stake in the competition. After securing tokens, participants select their champion.

Each character has an equal chance of winning, adding an exciting layer of unpredictability. If a chosen meme athlete emerges victorious, participants earn a substantial 25% bonus on their $MGMES tokens, significantly boosting their investment.

To maximize winning potential, tokens can be purchased multiple times, with different characters selected for more chances to win and multiply token rewards.

The Meme Games offer a user-friendly presale process designed for a seamless experience. Visit the official The Meme Games website and use their intuitive presale widget to purchase $MGMES tokens effortlessly and join the excitement.

This gamified approach ensures a fair and engaging experience for all participants, making The Meme Games a truly unique and rewarding event.

Maximizing your earnings through $MGMES staking

Staking is an integral part of The Meme Games experience, offering $MGMES token holders the opportunity to maximize their earnings through a secure Ethereum smart contract.

By staking $MGMES tokens, participants can earn dynamic annual percentage yields (APY) throughout the presale period, generating passive rewards while engaging in the competitive atmosphere of The Meme Games.

The staking process is simple and secure, ensuring tokens are always protected. Early stakers benefit from higher APY rates, rewarding those who commit tokens sooner and adding a strategic layer to the experience.

Token bonuses won by selected meme athletes can also be staked during the presale, further enhancing stake rewards and leveraging winnings for greater returns.

Staking $MGMES tokens provides a reliable source of passive earnings, enhancing overall returns and contributing to the vibrant community growth of The Meme Games ecosystem.

Transparency and a clear roadmap

The Meme Games ensure stability with a capped supply of 2 billion tokens, shielding them from inflation commonly seen in other meme coins.

A strategic presale allocates 38% of tokens, fostering early adoption and sustainable value growth. A comprehensive whitepaper establishes the project’s framework, detailing its functionalities.

Development efforts are centered around the $MGMES token and its bonus distribution smart contract. Concurrently, the project launches its website and social media channels, providing a preview of The Meme Games universe.

Excitement mounts with the announcement of the presale date, encouraging early participation as $MGMES token holders. The presale begins with a launch ceremony, marking its official commencement.

Community engagement thrives through AMAs, social media campaigns, and collaborative initiatives. This phase presents an opportunity to secure $MGMES tokens, followed by equitable distribution among participants.

As The Meme Games progress, participants claim their allocated $MGMES tokens. Listings on decentralized exchanges (DEXs) facilitate trading, bolstered by CoinMarketCap and CoinGecko listings that enhance market accessibility and transparency.

Rapid funding and ambitious goals

In a remarkable outpouring of community backing, The Meme Games achieved impressive fundraising momentum, surpassing $150,000 in less than a day.

Shortly after presale launch, they secured a significant amount of capital, demonstrating the project’s potential and community enthusiasm.

This early success positions it as a strong contender for the official meme coin of the 2024 Paris Olympics, capitalizing on the global excitement surrounding the games.

The Meme Games prioritize building trust from the outset. Completed audits and a detailed white paper demonstrate their commitment to security and transparency.

Active promotion across various crypto platforms and media outlets further highlights their focus on marketability and broad appeal.

Looking ahead, The Meme Games plans to further leverage the Olympic spirit with upcoming events like the Para Meme Games, scheduled from August 28 to September 8, 2024.

This strategic alignment with real-world events strengthens its appeal and visibility within the global crypto community. To participate in the $MGMES token presale, visit memegamestoken.com.

Conclusion

The Meme Games stands at the intersection of digital innovation and cultural celebration, offering a fresh perspective on how cryptocurrencies can blend with real-world excitement.

With its engaging gameplay mechanics, ambitious goals, and strategic vision, it invites crypto enthusiasts to join in a journey where memes meet medals, promising not just rewards but a memorable experience that celebrates both crypto innovation and global unity.

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Tinder introduces AI-powered feature to give you your best profile image

Tinder has confirmed a new Photo Selector feature which will see a range of images selected for users to display… Continue reading Tinder introduces AI-powered feature to give you your best profile image
The post Tinder introduces AI-powered feature to give you your best profile image appeared first on ReadWrite.

Tinder has confirmed a new Photo Selector feature which will see a range of images selected for users to display on their profile.

The AI-powered tool is triggered by taking a selfie or uploading an existing photo from your camera roll and then Tinder will use biometrics to match the characteristics to the best of the photos stored on your phone.

Having already introduced Smart Photos, which uses an algorithm to show more users the best-received photos from your profile, the new feature is effectively an extension of this. Hopefully, it will lead to more desired interactions than the Swipe Right action that Tinder is renowned for. 

The Match-owned dating app has tested Photo Selector since last August and it claims it is what its audience wants. A Tinder press release detailed that 68% of users intimated an AI-powered image selector tool would be useful, while 58% opined that it can be difficult to choose profile pictures.

Tinder states the new feature is based “what we’ve learned makes for a good profile photo like lighting, composition, and more,” while it automatically rejects group shots and any other images deemed unsuitable, like containing nudity or drug consumption.

Photo Selector will be introduced imminently in the US, ahead of a full global rollout in the coming weeks.

Tinder promises users are in total control

Faye Iosotaluno, Tinder CEO commented, “We’re proud to be the first dating app to roll out an AI tool that can make the profile-building experience significantly easier.” The thought process is that by spending less time deliberating over profile pics, users can put more effort into connecting with others.

Some users may have concerns over how safe the new feature is but Tinder insists you are still in control. 

There is a direct reference to the feature operating “entirely on your device”, that it does not collect or store data anywhere else. Biometrics are used to match the first photo or selfie to what the toll finds on your camera roll but Tinder has stated the data is deleted once you exit the feature.

Earlier this year, Tinder added the ‘Share My Date” feature to boost its safety credentials, allowing users to let their loved ones know the date, time, and meeting location of plans made with a match online.

Image credit: Via Ideogram

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How to complete the Abandoned Mineshaft minecart puzzle in Dungeons of Hinterberg

After making your way through the Beginner’s Dungeon in Dungeons of Hinterberg, felling the Minor Krampus, your next challenge is… Continue reading How to complete the Abandoned Mineshaft minecart puzzle in Dungeons of Hinterberg
The post How to complete the Abandoned Mineshaft minecart puzzle in Dungeons of Hinterberg appeared first on ReadWrite.

After making your way through the Beginner’s Dungeon in Dungeons of Hinterberg, felling the Minor Krampus, your next challenge is the Abandoned Mineshaft.

Here, there are many twists and turns, in the literal sense, since you’ll be hopping into a minecart.

There’s a particularly awkward minecart puzzle too, and with this guide, we hope to take you through a step-by-step process on how to complete it so you can get the dungeon wrapped up.

Dungeons of Hinterberg Abandoned Mineshaft minecart puzzle: How to complete

After doing a bit of mine cart riding, making your way through the majority of the Abandoned Mineshaft, you’ll open up a more complex cart puzzle that may leave you a little stumped.

From the room with the button, press that button and ride the minecart through the now opened gate to the right hand side.

This will lead you up to a room with a treasure chest in it which you can loot for 1000 HBs. This isn’t a requirement to progress but it’s worth the little detour.

Ride the minecart back down to the beginning area until it stops at the end of the track. Now, jump back in and hold left, where it should stop again, but at the entrance to the gate.

Press the button again and ride the cart once more to its next stopping point. Here, you need to use your Skill on the black ball to change the tracks, pulling it toward you.

Now ride the cart back to the start once more, hit the button, and then re-ride it back through the gate where you should head up the right side, completing the puzzle.

This leads you to the Miner’s Widow boss so be on your guard as you enter the room since the fight starts almost instantaneously after exiting the cart.

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