Enter the world of Next-gen Finance with the revolutionary
Funex coin is a Revolutionary cryptocurrency which is Powerful, Faster, Better. One of the best Crypto token you own for as multi-utility and Gaming currency.
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Funex Coin Crypto Mobile Wallet is lightning-fast to store, send, and receive cryptocurrency and other digital assets.
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It is the most amazing Decentralized wallet that enables you to manage your cryptocurrencies hassle-free.
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Trade the world’s most popular and most valuable cryptocurrencies/digital assets with our crypto exchange.
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With the Funex NFT Marketplace, you can play the most exciting games with digital art/NFTs and make your own unique collection.
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At Funex, we utilize the most advanced security system to protect your digital assets/cryptocurrency so you can perform crypto operations smoothly.
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Funex club has experienced numerous ups and downs throughout its journey. We have a huge community that helps us to achieve a lot of milestones and they made our journey worthwhile.
Funex's Journey Begins with Research & Concept Creation
The Initial Website & Whitepaper got Designed
Funex Coin Development began on Quark Algorithm
Bitcointalk Forum got Released & Quark-Based Coin Ready for Beta Testing
Funex Mobile & Web Wallet Development Started
Funex Coin Deployed on Binance Smart Chain (BEP20)
Funex Coin Deployed on Ethereum (ERC20) & Tron Blockchain (TRC20)
Funex Coin Listed on SunSwap (Decentralized Exchange)
Funex TRC20 Token Listed on VinDAX (Centralized Exchange)
Funex New website design
Multichain Wallet Development Started
Funex Coin Ecosystem Developed
Funex Coin Staking Program Introduced & Mobile Wallet Upgraded
New Blockchain Support Added Including BTC, ETH, LTC, BNB, DOGE, DASH, etc.
Funex Pro Development Started
Funex Company Legal Incorporation Started
Funex Airdrop 10th - 15th
Funex Coin ICO
3rd Sept. - Funex Listing on Localtrade
5 Sept - 25 Sept Funex Coin IEO on Coinsbit
Coinsbit Listing - 30 Sept. 2022
Funex Pro Launch
BNB & Polygon Chain Integrated
40+ New Coin Support Enabled
Funex Bitmart
Funex Centralized Exchange Development
Metaverse Casino Game Development and the Funex Club's journey will continue to progress.
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that has maintained some actors in the space, making it look “like a risky casino.” A16z
The U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday.
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred discussions among crypto enthusiasts and investors, with some seeing bank failures as a compelling
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts
In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.” These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others. XRP And Ethereum Classic In The Spotlight Ripple Labs, the company behind XRP, was highlighted as a prominent crypto zombie. Despite XRP’s active trading volume of around $2 billion daily, Forbes asserts that the token’s primary purpose remains “speculative” and “lacking meaningful utility.” Related Reading: XRP Whales Are Active: Here’s Where They Are Sending Coins However, Ripple Labs and XRP are not alone in this regard. Forbes reveals that 50 blockchains, excluding Bitcoin (BTC) and Ethereum (ETH), currently trade at values surpassing $1 billion, with at least 20 of them classified as “functional zombies.” Collectively, these 20 blockchains hold a market value of $116 billion, despite having “limited user bases.” According to Forbes, an example of a “functional zombie” is Ethereum Classic, which maintains the distinction of being the original Ethereum chain. While ETC has a market value of $4.6 billion, its fee generation in 2023 was less than $41,000, raising questions about the blockchain’s viability for the news organization. Another crypto project in Forbes’ report is Tezos, which raised $230 million through an initial coin offering (ICO) in 2017. Tezos’ XTZ token currently holds a market capitalization of $1.2 billion. However, the blockchain’s fee earnings were meager, with $5,640 in February 2024 and a total of $177,653 for all of 2023. Algorand, once hailed as an “Ethereum killer” due to its capability of processing 7,500 transactions per second, faces similar challenges. Despite a market cap of $2 billion and a treasury holding of $500 million, Algorand earned $63,000 in blockchain transaction fees throughout 2023. For Forbes, this casts doubt on its actual adoption and utility. Crypto ‘Zombie’ Blockchains The zombie blockchains are categorized into two groups by Forbes: spin-offs and direct competitors to established blockchains like Bitcoin and Ethereum. Spin-off zombies include Bitcoin Cash (BCH), Litecoin (LTC), Monero (XMR), Bitcoin SV (BSV), and Ethereum Classic. These blockchains, collectively valued at $23 billion, reportedly emerged from “disagreements” among programmers regarding the governance and direction of the original chains. Forbes notes that when such conflicts arise, hard forks occur, resulting in new networks that share the same transaction history as their predecessors. The agency claims that their market value “often exceeds” their real-world usage. Related Reading: Ethereum Withdrawals From Exchanges Top 260,000 ETH – What This Means For Price Overall, The report highlights a growing disparity between the valuations of certain projects in the cryptocurrency industry and their actual utility and usage. Consequently, Forbes refers to these projects as “zombies.” Featured image from Shutterstock, chart from TradingView.com
The bank's 32 branches in the United States will reportedly reopen under Fulton Bank starting next week.
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in the U.S., such as the Lummis-Gillibrand Payment Stablecoin Act, aim to
Billionaire investor Anthony Scaramucci, the founder of SkyBridge Capital, recently discussed the viability of financial assets. He took to X, a social media platform previously known as Twitter and owned by Elon Musk, to highlight the decreasing purchasing power of the United States dollar in comparison to the potential of Bitcoin (BTC). US Dollar Vs. Bitcoin Value Performance In the post on X, the SkyBridge Capital founder pointed out that a dollar from 2020 is now only worth about 75 cents, underscoring a significant devaluation due to inflation. Related Reading: Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer According to Scaramucci, this scenario illustrates why investors should reconsider traditional fiat currencies as a reliable store of value, advocating instead for the inherent benefits of digital assets like Bitcoin. Dollar from 2020 is now worth 75 cents. Buy Bitcoin credit @balajis pic.twitter.com/WzIosKfJv2 — Anthony Scaramucci (@Scaramucci) April 26, 2024 Scaramucci’s critique comes at a time when the global economy grapples with heightened inflation rates, which have eroded the real value of fiat money. He specifically cited a “25.14% compounded inflation rate” as a critical indicator of why the dollar is losing ground. In contrast, Bitcoin has not only maintained a strong profile but has also appreciated in value, further cementing its position as a viable hedge against inflation and a potential safe haven for investors. So far, Bitcoin’s market performance has been quite appealing. Particularly, despite the significant downturn experienced in the past few years, the asset has managed to come out of the bloodbath and recently soared to an all-time high above $73,000 in March. This peak performance labels Bitcoin as not just a digital asset but a major player in the global financial landscape. However, despite Scaramucci’s bullish outlook, it’s worth noting that Bitcoin has seen its share of volatility. It has been struggling to maintain its appeal recently, with a modest 0.9% increase in the last 24 hours – a slight recovery from a 2% drop over the past week. BTC Shifting Market Sentiments Further insights into the market’s behavior towards Bitcoin reveal changing dynamics. Data from CryptoQuant highlighted a negative turn in the Bitcoin funding rate for the first time since October 2023, indicating a cooling interest in speculative trading on the asset. This shift suggests that while the long-term outlook might still be strong, short-term investor sentiment has become cautious, possibly awaiting clearer signals before making further commitments. The current market sentiment is also reflected in the technical analysis of a prominent crypto analyst, Ali. In Ali’s recent post on X, a notable mention was made of a “death cross” seen in Bitcoin’s 12-hour chart, where the short-term moving average dips below a long-term counterpart, traditionally a bearish signal. Additionally, the Tom Demark (TD) Sequential indicator points to potential price reversals after a consistent trend, adding another layer of complexity to Bitcoin’s trading strategy. Related Reading: Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report Despite these potentially bearish indicators, on-chain data from Santiment shows an interesting trend: Bitcoin whales have increased their holdings significantly, now owning 25.16% of the total supply. This accumulation suggests that while retail sentiment may be bearish, large-scale investors are seeing the dips as buying opportunities, potentially prepping for a future bullish run. Featured image from Unsplash, Chart from TradingView
Funex coin is a cryptocurrency which is developed by Funex club that can be used within Funex’s ecosystem to perform crypto operations seamlessly. Despite being the native coin of Funex Club, it is also a multi-utility and gaming token. Users can use this coin in the upcoming blockchain gaming platform of Funex Club.
Funex coin wallet is a centralized crypto wallet in which crypto users can store multiple cryptocurrencies. It is also a multi-chain wallet which means you can store cryptocurrencies developed on different blockchain networks. It is one of the most popular crypto wallets and you can get it on your Android and iOS device.
Funex coin wallet is the most secure crypto wallet because of the several things it is made up of. Initially, it is powered by three blockchain networks which makes it the most secure crypto wallet. For the crypto holders who store their cryptocurrencies in this wallet get several security options to secure their assets.
Funex coin wallets offer several benefits for crypto holders to make crypto transactions seamlessly. It is one of the secure crypto wallets which has several security features to keep assets safe. It has a user-friendly interface which makes every transaction and operation easy and quick.
There are numerous wallets that provide gamers access to a wide range of gaming platforms. Through these wallets players can purchase gaming weapons and other equipment in the particular game. Funex wallet is the best gaming wallet through which you can also earn rewards while playing.
In the gaming world, the use of cryptocurrencies is getting popular with time. Several gaming cryptocurrencies have been developed currently which are facilitating various advantages. Funex coin is one of the best gaming cryptocurrencies which aims to provide a lot of benefits to gamers and crypto enthusiasts.
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