The Bambi crypto token BAM, launched last year, is a memecoin based on BSC (Binance Smart Chain). 

As with many memecoins, it has gained a lot of interest. But is it a good investment? 

Here, we examine what the Bambi crypto token is and look at some of the predictions for its future value. 

## What is the Bambi crypto token? 

BAM launched in May 2022 with a total supply of 100 trillion tokens. As the name suggests, the [memecoin](/news/article/what-is-a-meme-coin) is inspired by Bambi, the popular Disney character. 

Typically for a memecoin, BAM has no real-world use case. Marketed as a fun investment opportunity, the team behind the Bambi crypto token has vowed to donate some of the proceeds from token sales to animal conservation efforts. 

As a cryptocurrency, and specifically a memecoin, [BAM price](https://coinmarketcap.com/currencies/bambi/) has been subject to significant volatility.

## Is BAM worth investing in? 

As ever, we do not give financial advice and always encourage you to conduct independent research and arrive at your own conclusion. 

However, we can say that based on the trends so far, it is hard to tell whether buying Bambi crypto tokens is a good idea. It is still comparatively new and subject to high levels of volatility. With no use case and in a market crowded by memecoins, it is hard to predict whether the BAM value will rise. 

There are some positives, however. There is strong marketing behind BAM and a growing audience of investors. The promise of making a donation to animal conservation may also make it a more attractive purchase compared with other memecoins. 

Ultimately, you must do your own research and decide if you think BAM is right for you. Always ensure you have a full understanding of the risks, and do not invest more than you can afford to lose. 

## Potential 

While the team behind BAM has been very open about their project and plans, there are reasons to be cautious. 

The memecoin space is highly competitive and BAM is subject to high price volatility. 

That said, there is – as with [all memecoins](/news/article/meme-coins) – the potential for BAM’s value to rise. Make sure you understand all the pros and cons, and the risks, before investing your money. 

## BAM price prediction 

Many analysts have attempted to predict the potential of the Bambi crypto token, with a wide variety of conclusions drawn. 

[DigitalCoinPrice](https://digitalcoinprice.com/forecast/bambi) is among those to have forecast the short and long-term potential of BAM. With just weeks of this year left, the site predicts BAM Will achieve a high of $0.00000000263 and hit a low of $0.00000000107, giving the token an average price for 2023 of $0.00000000229. 

Looking ahead to 2024, the site believes the BAM low will be $0.00000000256. With a potential high of $0.00000000311, the token’s average price for next year could be $0.00000000296. 

The trend for increasing value is predicted by DigitalCoinPrice to continue in 2025, with an average price of $0.00000000411. This is based on a forecast high of $0.00000000431 and a predicted low of $0.00000000353. 

As we look to 2026, investors could begin seeing the returns steadily increase, if these predictions are correct. For that year, the average price could hover around $0.00000000511, from a low of $0.00000000460 to a high of $0.00000000543. 

While it becomes harder to get a clear picture of value the further into the future we look, DigitalCoinPrice is optimistic for the Bambi crypto token. 

For 2027, it predicts an average price of $0.00000000511, with a high of $0.00000000543 and a low of $0.00000000460. In the following 12 months, BAM could hit a lot of $0.00000000567 and high of $0.00000000659, to give an average price of $0.00000000635. 

Approaching the end of the decade, the average price in 2029 could achieve $0.00000000878, based on a high of $0.00000000897 and a low of $0.00000000808. 

The dawn of the 2030s could mark a step up in BAM value, according to DigitalCoinPrice. In 2030, the site predicts an average price of $0.0000000124, with a high of $0.0000000125 and a low of $0.0000000116. 

The following year, the maximum price could hit new highs, at a predicted $0.0000000172. With a forecast low of $0.0000000164, that would give BAM an average price of $0.0000000169 in 2031. 

Concluding this long-range price forecast, DigitalCoinPrice looks to 2032. In this year, almost a decade away, BAM could see its low at $0.0000000224, a decent improvement on what is predicted for this year. The high for 2032 also looks good, at $0.0000000233, giving BAM a potential average price of $0.0000000230 in that year. 

## Conclusion 

Many long-range predictions for the Bambi crypto token follow the DigitalCoinPrice pattern, suggesting there is some potential for the BAM value to increase over time. 

However, such predictions are subject to many variables and cannot be relied upon as guarantees for future returns. As mentioned earlier, do your own research, consider the risks, and only spend what you can afford to lose. 

As a memecoin, BAM’s value is not tied to any use case and its price will be dictated by market conditions and volatility, as well as marketing and popularity. While the team has promised to support animal conservation with some of the proceeds, this may not be enough to attract sufficient investment to make the predicted future values a reality. 

Bambi Crypto Token Price Prediction

As cryptocurrencies become increasingly popular, Artificial Intelligence (AI) cryptocurrencies have also emerged. As the bourgeoning AI technology evolves and matures, it’s changing investment strategies and assisting in [developing new products](/news/article/new-crypto-coins), including crypto. This article explores the immense potential of the best AI crypto coins. 

## Artificial Intelligence and cryptocurrencies 

After more than a decade since the inception of blockchain technology and the financial revolution that is cryptocurrency, Artificial Intelligence is gradually filling the emergent technological gaps. Seen as the latest breakthrough technology revolutionizing mechanisms, its entry into the cryptocurrency market introduces AI algorithms that streamline operations processes, automate tasks, and offer predictive analysis. 

Developers are now incorporating Artificial Intelligence with blockchain to make systems more efficient. Moreover, it’s becoming clear that cryptocurrencies integrating AI technology into their blockchains have high ROIs compared to traditional digital assets by presenting advantages with the potential to transform the crypto sphere. 

## AI crypto coins and how they work 

AI crypto coins are digital assets designed for AI-based projects by integrating AI into various functionalities, including price prediction, digital asset management, fraud detection, and AI-based DAOs. They work by: 

Data collection: The tokens collect information from different sources, including social media, news articles, and market patterns, which they examine using machine learning algorithms to predict trends and market behavior.  

Trading strategy: The AI systems automatically create a trading pattern showing the best times to buy, sell, or hold the asset based on the analysis.   

Execution: After choosing a trading strategy, the AI system autonomously employs smart contracts to execute trades on the blockchain network when specific preset criteria are met. 

Endless learning and improvement: AI crypto coins use machine learning algorithms to learn and continuously improve their performance. The system progressively reviews previous outcomes to modify its tactics as the need may arise in the future, thus making the coins more efficient with time. 

The recent growth of AI systems significantly impacts crypto projects as most new ones implement automated systems into emerging Web 3.0 apps. Several tokens have arisen in this genre, offering many benefits to users. While they're still works in progress, they portray tremendous growth potential. Moreover, the sudden surge in ChatGPT's popularity boosted interest in such projects. Data insight from [CoinGecko](https://www.coingecko.com/research/publications/ai-crypto-price) shows a 16X increase in the prices of AI crypto coins. 

## The most promising AI crypto coins 

The following are the five hottest AI cryptocurrencies on the market today. 

### Oasis Network (ROSE) 

The Oasis Network (ROSE) is a Web 3.0-based blockchain platform that provides a privacy-preserving layer for its DApp smart contracts. The coin features a "ParaTime" function that executes smart contracts and maintains privacy and security. ROSE is Oasis Network's native token with a market cap of $257 million and is currently priced at $0.099 per [CoinMarketCap](https://coinmarketcap.com/currencies/oasis-network/). For anyone interested in investing in AI coins, note that Oasis Network charges low gas fees and has a modular architecture featuring robust security. 

### Render (RNDR) 

Render (RNDR) has been in the limelight in 2023 after its price surged from at least $0.40 in January to over $2.69 last June. The [project’s native coin](https://coinmarketcap.com/currencies/render/) is currently valued at $1.51 with a market cap of $561 million. This is perfectly understandable, considering distributed GPU rendering, which is NVidia’s pilothouse, remains its core competency. Render was created on the Ethereum blockchain, where developers can use it to create high-bandwidth DApps for finance, healthcare, gaming, or other industries. 

### Injective Protocol (INJ) 

Dubbed “the fastest layer 1 blockchain”, the Injective Protocol is backed by leading venture capitalists like [Mark Cuban](/news/article/mark-cuban-crypto), Binance, and Pantera. It is also famed for offering auto-executing smart contracts. [INJ](https://coinmarketcap.com/currencies/injective/), the platform’s native token, has a market cap of $578 million and is priced at $6.90 at the time of writing. Developers can use the Injective protocol to create Web 3.0-based applications for the finance industry. The platform’s interoperability feature enables users to connect with other blockchains and trade without gas fees seamlessly. 

### The Graph (GRT) 

The Graph’s native token GRT is trailing the blaze for other AI cryptocurrency coins by recently exceeding the $1 billion mark in circulating supply. [Currently trading at $0.08](https://coinmarketcap.com/currencies/the-graph/) and with a market cap of $760 million, the Ethereum-based token has an indexing protocol that makes it a search engine for blockchain ecosystems. After experiencing major significant rallies offering long positions from crypto whales last May, GRT has the potential for a good crypto investment vehicle. 

### SingularityNET (AGIX) 

SingularityNET and its native token [AGIX](https://coinmarketcap.com/currencies/singularitynet/), trading at $0.18 and a market cap of $222 million, have enjoyed massive gains in the recent past, making it a strong contender for the pole position among AI cryptocurrency coins. Described as possessing "decentralized human-level intelligence", the open-source network is designed for building Artificial General Intelligence (AGI), which Singularity describes as "decentralized human-level intelligence". It is considered a safe bet in the industry. 

## Parting Shot 

AI crypto coins have shown their potential to create a safer and more secure crypto space by using the power of AI to revolutionize the industry. By leveraging its intelligent analytics and powerful automation tools, AI may be the missing link that could eventually drive cryptocurrencies toward greater adoption.  

5 best AI crypto coins and projects trending in 2023 

Ripple is one of the leading blockchain networks, introducing a unique crypto-based digital payment system. The network is powered by [Ripple crypto asset XRP](/coins/xrp), which provides various cryptocurrency solutions for businesses. 

Since its launch in 2012, XRP has been a leading cryptocurrency by market cap. But the coin has been a hot topic in the crypto news since 2020 because of the infamous [SEC vs. Ripple lawsuit](/news/article/sec-vs-ripple-news). Following the case's conclusion, the currency performed well in the market and gained investors’ attention.  

But one might wonder whether Ripple crypto is still a profitable investment in 2023. Let's find out. 

## What is the Ripple network? 

[Ripple network](https://ripple.com/) is a blockchain-based financial system for cross-border transactions. It introduces an entirely decentralised and permissionless ledger that allows seamless transactions. The blockchain is designed like the SWIFT international money transferring system backed by a secure ledger.  

The network offers numerous payment solutions, including [Cross-Border Payments](https://ripple.com/solutions/cross-border-payments/), [Crypto Liquidity](https://ripple.com/solutions/crypto-liquidity/), and [Central Bank Digital Currency](https://ripple.com/solutions/central-bank-digital-currency/). These valuable enterprise solutions can help businesses use digital assets to transfer money. Moreover, these solutions also allow them to leverage the Distributed Ledger Technology (DLT) to secure the transactions.  

## What is the Ripple crypto asset XRP? 

The network has a native crypto, which is known as XRP. All the transactions on the network are supported by XRPs. The coin can support transactions between fiat currencies as well as cryptocurrencies. That's why it also speeds up currency conversions. 

The blockchain mainly relies on XRP for settling transactions. It works as an intermediary settlement layer for transactions for both fiat and digital assets. It helps make the network faster, cost-effective, and scalable, with 1,500 transactions per second capacity. 

## Ripple crypto price outlook 

Aside from working as a settlement token, XRP also has real-world value. According to CoinMarketCap, one Ripple crypto is currently priced at [$0.4935](https://coinmarketcap.com/currencies/xrp/). The current value is below its 200-day Simple Moving Average (SMA), which was $0.51. 

XRP is likely to persist with the bearish sentiment in the coming days. However, there is a possibility of a bullish turnaround that may take its price to $0.55. For this reason, the support level of $0.42 is critical. If XRP floats above the support level and capitalises on buying pressure in the market, it may break above $0.5.  

On the other hand, bullish predictions from [CoinCodex](https://coincodex.com/crypto/ripple/price-prediction/) suggest that its price may increase by 38% in the coming week. You may expect a rise that could push its price to over $0.68. So, while the overall market sentiment is bearish, XRP can still pull back to its 200-day SMA. 

## The price surge after the SEC vs. Ripple lawsuit 

The courtroom battle between Ripple and the financial watchdog, the [US SEC](/news/article/us-sec-regulation), continued for almost three years. In July, Ripple got a partial victory as Judge Torres gave a verdict in favour of XRP not being a security and hence not falling under SEC laws. Following this ruling, the XRP price surged as high as 94 cents, impacting the overall market.  

However, now that the SEC has appealed for a review of the verdict, we are back to square one. It has again triggered a bearish rally due to uncertainty over the future of the XRP coin. 

It would be critical to see how the investors react to these developments. If they continue to buy and accumulate the token, its price may recover and surpass the previous all-time high. In case of an increased selling pressure, we may expect new lower highs and lower lows.        

## Can Ripple crypto reach $1? 

The XRP coin price has suffered a lot because of the SEC lawsuit, and there remains uncertainty regarding its future. It is a critical juncture for the token, which may determine the long-term trends and whether it will reach $1 or not. 

According to the forecast from [DigitalCoinPrice](https://digitalcoinprice.com/forecast/xrp) for 2023, this cryptocurrency is likely to average $0.98 and may touch the maximum of $1.10. Meanwhile, the minimum price of the token is expected to be $0.45, which is closer to the current price.  

Moreover, the anticipated price of XRP in 2024 and 2025 is $1.25 and $1.70, respectively. Therefore, its price can gradually increase and cross the $1 mark next year.  

## Is Ripple a good investment? 

Ripple was one of the earliest innovators in the crypto industry, introducing a global transaction system for businesses. That's why it has gained popularity among crypto investors. 

However, its performance has suffered because of the SEC case. But now, as the court has given the verdict that securities laws cannot be implemented on XRP, it is expected to rise. 

If the token holds above the support level of $0.42, its price will likely rise. Predictions also show that by the end of 2023, its price may cross the $1 landmark. 

This is the crucial time to see how it holds in the market and decide accordingly. 

Ripple Crypto coins on puddle of rippling water

What is Ripple crypto, and is it profitable in 2023? 

With at least [20,000](https://www.statista.com/statistics/863917/number-crypto-coins-tokens/) already developed and launched, the world of cryptocurrency grows faster than the best investor can keep track of. The sheer number of projects is a clear indication that crypto projects offer great opportunities for investors, but experience teaches that only some utility coin options offer benefits that are worth writing home about. 

This guide discusses utility crypto tokens, what they are, their advantages, and the best ones for your crypto investment.  

## What is a utility coin? 

A utility coin, also known as a [user token](/news/article/token-vs-coin), is a digital asset or token designed to perform a specific function within a particular blockchain, primarily based on Ethereum's [ERC-20 standard](https://www.blockchain-council.org/ethereum/beginners-guide-what-is-erc20/#:~:text=ERC-20%20is%20a%20technical,tokens%20on%20the%20Ethereum%20Blockchain.). The main characteristic of user tokens is that they are pre-mined or all created simultaneously, unlike traditional cryptos that can be mined. 

Furthermore, utility coins differ from regular cryptocurrencies as they are created to give users access to features, products, and services within the network. These may include exclusive payment methods, rewards, discounts, and voting rights. The best utility coin may not be considered a security since users don't have ownership rights for the project. 

## How utility coins work 

In most cases, a utility coin will be limited to a specific blockchain, meaning its utility is based on the particular blockchain network it was created for. 

The following are among the prominent uses of utility tokens: 

### Access to services 

Holding a utility coin grants the user access to the specific functionalities of the mother blockchain project. This may include storage or retrieval of data from a decentralized cloud storage, without which the service wouldn’t be accessible.  

### Interoperability 

Utility cryptos can be used as a tool for value transfer, a means of exchange and interaction between blockchains that are interoperable with other networks. A perfect example is that of the Chainlink blockchain users, who are expected to hold LINK to enable them to interact with supported blockchains.  

### Rewards and discounts 

This use case is particularly famous with centralized and decentralized cryptocurrency exchanges, which issue utility coins that give holders access to limited discounts like lower trading fees or other exclusive benefits on their platforms. The privileges are only available to token holders.     

### Governance and voting 

Members of cryptocurrency platforms can use their utility tokens to contribute to the decision-making processes through voting. Holders also retain rights within the platform to vote for issues like governance proposals or changes to the protocol, among others. 

## Best utility coins 

### Ethereum (ETH) 

Ethereum ([ETH](https://ethereum.org/en/)) is the mother of smart contract blockchains and home to most utility coins supported by the ERC-20 token standard – all ERC-20 transactions use ETH to pay their gas fees. Ethereum hosts a vast network of decentralized applications (DApps). With its ongoing upgrades, it remains a powerful utility coin with a market cap of over $191 billion at the time of writing. 

### Cronos (CRO) 

The native cryptocurrency of the [Cronos](https://cronos.org/) blockchain, this ERC-20 token is an integral part of the Cronos ecosystem. It is used for numerous purposes, such as payments and lock trading. Moreover, it seamlessly integrates with Crypto.com's services, including its crypto exchange, App, and decentralized finance (DeFi) wallet. 

### Chainlink (LINK) 

Chainlink ([LINK](https://chain.link/)) is a decentralized network specifically created for the Web 3.0 era, aiming to bridge the gap between real-world data and blockchain. The network uses oracles that facilitate smart contract transactions to autonomously mine data from verifiable and trusted sources. Users need LINK, the project's user token, which is a leading utility coin, to execute all queries for data-driven applications. 

### Polygon (MATIC) 

Polygon ([MATIC](https://polygon.technology/)) was created to enhance Ethereum’s scalability and lower gas fees. The token facilitates faster and cheaper transactions by enabling Ethereum’s DApps to use Polygon’s sidechains. Holders of MATIC, the network’s native utility coin, can use it to pay gas fees and vote on network governance issues. Polygon has continually spread its wings via new partnerships, so much so that MATIC is among the leading utility tokens by total value locked (TVL) and has consistently ranked among the top 20 digital assets by market cap.    

### The Sandbox (SAND) 

The Sandbox ([SAND](https://www.sandbox.game/en/)), a leading Metaverse project, allows holders to buy parcels of virtual land via tokenized non-fungible tokens (NFTs). Anyone making transactions involving virtual real estate must pay using SAND, the project's native currency, meaning the token is in high demand. The popularity of the SAND token is likely to continue soaring as the Metaverse and virtual real estate concepts continue to advance.

## Should you invest in a utility coin? 

Utility tokens are viewed as a good option for anyone who wants to get involved in a long-term investment. Nonetheless, you want to conduct your research to be able to locate a good utility token based on its features and other essential factors. 

If you're going to invest in user tokens, consider the utility and demand of the coin, as these will influence performance. Furthermore, tokens designed to solve tangible user problems have a higher demand and are better investment vehicles than those with[ less popular use cases](/news/article/blockchain-use-cases).  

Additionally, check the development and adoption of the parent blockchain ecosystem as they determine the token's long-term potential. 

Utility coins created by well-developed platforms backed by competent teams are better off than investing in one struggling to survive. Cryptocurrencies are generally in their formative stages, and the future potential of any blockchain determines the investment potential of their tokens. Blockchain platforms showing a potential to grow will offer utility tokens that are good investment options. 

## Conclusion 

Utility tokens are an excellent investment opportunity since the majority have the potential for solid long-term profitability. The best utility coin to buy should be one that's associated with a functional ecosystem and the potential for great adoption. 

Look for a user token with the potential for sustainable long-term profitability. 

Finally, your personal investment goals will also determine your choice of the 'best' utility coin besides its value proposition. 

Choosing the right crypto utility coin to invest in 

Initial coin offerings ([ICOs](/news/article/what-is-an-ico)) were the talk of the town in 2017, trumping traditional, equity-based fundraising methods. While ICOs are still prevalent on the investment calendar, they are not as popular as they once were. 

An ICO is a fundraising method for cryptocurrency-based projects that involves the pre-sale of project-native tokens. 

These tokens are minted by a crypto project and offered to early-stage investors (generally at a discount). ICOs allow these startups to raise funds without giving up equity. A major plus point is that the community of incentivised users rally around the project, as they want the project to succeed so that their initial investment bears fruit. 

If the project succeeds, both the team and early investors benefit. Unfortunately, this is a big IF. Given the relative ease of this funding mechanism, we as a sphere have witnessed numerous unfortunate [examples of pumps and dumps](/news/article/how-to-spot-a-pump-and-dump). 

Nevertheless, a few rotten eggs cannot take away from the numerous advantages of launching and participating in a CREDIBLE ICO. Read on to learn about the ICO calendar 2023. 

## The Ethereum ICO success story and ICO investment tips 

Before we dive into the ICO calendar 2023, you need to know about the first real ICO success story, and oh boy, did early-stage investors benefit from the Ethereum ([ETH](/news/article/meme-crypto-outshines)) ICO in 2014! Performing due diligence is crucial to making any good investment decision, especially when it comes to ICOs. 

Before investing in an ICO token, thoroughly research the underlying project and determine its short and long-term future. A solid founding team is an important factor to consider. The steps you should follow include: 

- Read the project’s whitepaper to better understand its feasibility. A bogus whitepaper may indicate a rug pull. 

- Follow announcements on various channels and evaluate the community's response. 

- Prepare a list of similar projects and determine whether they are building something different/valuable. 

- Understand the project’s tokenomics. A massive token supply with continuous inflation is a strict NO. Knowing the sharing ratio and whether the supply is fixed or not is important as well. 

Early-stage Ethereum investors reaped the benefits of their research and faith in the cryptocurrency project, led by Vitalik Buterin. The rest is history. 

In 2014, the Ethereum ICO sold 50M ETH at $0.311 each, raising $15.5M. On 12 May 2021, ETH hit an all-time high of $4382.73. If an ICO investor sold their ETH at that price, they would have made a profit of nearly [14,100x](https://www.coindesk.com/tech/2023/07/19/ethereum-ico-participant-transfers-116m-eth-after-8-years-of-dormancy/)! 

That said, even if a project ticks all the right boxes, success is not guaranteed. The Tezos (XTZ) ICO in 2017 is the perfect example. The ICO raised a whopping $232M, but the project failed miserably despite a highly successful fundraiser, a solid underlying mission, and a trustworthy team. 

ICO calendar 2023: ICOs to look out for 

Now that you know how to avoid a rug pull (please, DYOR at ALL times!), you may review our compiled list of ICOs to look out for in 2023. 

There are several fantastic launchpads on the market today. We advise you to follow them on X (formerly Twitter) so that you can take advantage of the earliest entry prices. 

Here is the ICO calendar 2023: 

![Crypto Calendar](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_10_03_at_15_41_21_29c8acea0c.png)


ICO calendar 2023: list of active and upcoming ICOs 

The famous billionaire Elon Musk is renowned in the crypto industry for his continued support for the DOGE coin. 

Many other memecoins based on the Shiba Inu dog theme have hit the market. Although yet to be profitable, they have shaped strong communities, which makes them popular. 

One of the most popular memecoins in the crypto market is Elon coin, also known as [Dogelon Mars](https://dogelonmars.com/). If you recently came across the Elon coin because of its hype, you might want to know what it is and why it is gaining popularity among crypto communities. To help you with that, here's everything you need to know about Dogelon Mars.  

## What is Elon coin (Dogelon Mars)? 

Dogelon Mars is a relatively new addition to the meme tokens genre that launched in 2021. Like most memecoins, including DOGE, SHIB, or [FLOKI](/news/article/what-is-floki-inu), the project is inspired by the [Shiba Inu ](/news/article/akita-inu-coin)theme. It also uses Elon Musk's influence on the crypto market to attract investors. 

The project is based on a comic story about the recolonisation of Mars. It revolves around the journey of baby Dogelon and his friends, who are fighting against the Annihilators of the galaxy. The entire story behind the project is available in the form of [NFT comics](/news/article/nft-comics-2142-ad) that you can also collect through [OpenSea](https://opensea.io/assets/ethereum/0xea9707d71ed5c3bd0af871711cb3b597ef1ab043/10003). 
The crypto itself does not have a particular role in the project. You can only buy it for investment or trading purposes. Surprisingly, even after two years of the coin’s launch, it has no whitepaper. So, no source clarifies the purpose or the mechanism of this crypto.  

## What is Elon coin worth? 

As of 20 September, 2023, one Elon token was changing hands at only $0.000000135, down by 0.58%. In the brief history of the token, it hit its highest price of $0.00003263 in July 2021. But since then, it has dropped by more than 99%. Meanwhile, the market cap for Dogelons is $73.75 million, and the past 24-hour volume is $2.2 million.  

As per [CoinMarketCap](https://coinmarketcap.com/currencies/dogelon/)’s data, the total supply of the Dogelons is one quadrillion, of which 549.65 trillion are in circulation.  

## Why has the Elon coin become so popular? 

Even though Elon’s value is not as impressive as one would like, it has become a famous meme token. Here are some of the main reasons behind it. 

### 1.   The token’s name is inspired by Elon Musk 

One of the prominent reasons investors hyped it is its name, which establishes its affiliation with Elon Musk. Although the project is not directly related to the billionaire entrepreneur, it leverages his influence on the crypto market. If you are familiar with the crypto market, you would know how Musk's single tweet can spur a price action. Therefore, the project creators have wisely chosen a name that boosts its popularity.  

### 2.           Shiba Inu-themed branding 

Another major part of the project's branding is the Shiba Inu. This theme is behind the popularity of most of the meme tokens as it refers to the dog/Cheems memes. It was first used for DOGE, which set a precedent for other meme tokens. 

This is why Dogelon Mars also used it to attract larger audiences. Moreover, the project has used this theme in a unique way, which is by introducing comic strips as NFTs. It has become one of the reasons behind the popularity of the coin.  

### 3.           Low priced coin 

The low price of a coin may not be a sign of a good investment for many. But for others, it's about affordability and fun. Many retail investors who are into buying memecoins consider Elon as an affordable option. They can easily buy Elons in large amounts, hoping their value may increase in the future. 

### 4.           A strong community 

Dogelon Mars has a strong community that believes in its potential. The project is present on platforms like [X](https://twitter.com/dogelonmars) (formerly Twitter) and [Telegram](https://t.me/dogelonmars). On X, it has more than 445.2K followers; on Telegram, there is a community of around 44,345 members. It suggests that people are keenly interested in the project and are confident about its growth. 

## Is Elon coin a good investment? 

Undoubtedly, the Dogelon Mars project has become a highly admired memecoin project. But still, there might be better options for your investments. 

This is for two reasons. Firstly, more information about the project's founders or its purpose is required to be sure about the project's developments. Secondly, the coins do not serve a particular role in the ecosystem, which suggests that their price is unlikely to grow. 

The total supply of the token is also huge, which further leaves questions about the coin's price in the future. For these reasons, avoiding any kind of investment in such projects is better. 

Elon Coin logo - Shiba Inu cartoon in a suit. 

What is Elon Coin, and why is it popular? 

New coins with unique usability always find their way into the innovative DeFi world. But, because of several underlying factors, only a few of them succeed in gaining traction in the market. This article explores the recently launched SignUpToken ([SIGN](https://signuptoken.com/)), which has introduced a new way of token presales. 

Launched in March 2023, the tenderfoot crypto has already made some waves in the market. It has made it to the headlines for its immense potential. But is this token legit and has the potential to be a market disruptor? Let's find out. 

## What is the SignUpToken? 

SIGN is the native token introduced by the newly launched SignUp Web3 project. The project claims to have a unique presales mechanism that involves email signups. The mechanism also helps the project in building a dynamic community. 

The project founders plan to launch the token on public exchanges once they reach one million subscriptions from verified emails. So, with every subscription, you may expect a rise in the token’s price.  

The project also claims to give investors a high ROI (return on investment) of around 72%. According to its whitepaper, the presale launch price of SIGN will be $0.01. 

Meanwhile, it predicts that when rolled out on the [Uniswap ](/news/article/uniswap-exchange-nft-aggregator)exchange, its price is likely to reach $0.72. That’s why it seems to be a lucrative investment for crypto investors.  

## SignUp crypto tokenomics 

Project founders have set the total supply of the SIGN coins to 1 billion. From this total supply, 60% is allocated for the presale phase. Another 20% is exclusively reserved for community incentives, while 15% will be used for exchange listings. The remaining 5% of the coins are allocated to the project's team. 

## Is SignUpToken legit? 

Although there are no specific indicators for the token to be considered a scam, there are several red flags that still linger around it. 

Firstly, the developers and the founders of the project are anonymous. So, there is no way investors can verify the expertise or experience of the team behind it. 

Aside from that, the website, whitepaper, and overall SIGN branding seem superficial. The website and whitepaper focus more on selling the token than providing details about its mechanism or features. The high claims of unrealistic ROI and making investors millionaires are a few of its instances.  

Furthermore, it provides a vague roadmap for the project. You might expect it to venture into NFT space, [GameFi](/news/article/gamefi-eco-system), or other Web3 areas. However, the main points on its roadmap are aggressive marketing, trending, and on-boarding influencers. It suggests that the team behind it only wants to attract novice investors without a proper strategy. 

Another thing that may leave you wary of its legitimacy is the sponsored articles, creating hype for SignUpToken. Several news agencies are making pushy headlines to boost SIGN's price and popularity. These types of articles reflect negatively on a coin that has not been launched on public exchanges yet. 

price and popularity. These types of articles reflect negatively on a coin that has not been launched on public exchanges yet. 

## SignUpToken price prediction 

As SignUpToken is in its presale stage, there is no verified data for its price. Similarly, there needs to be historical data that can help establish the price forecast for the coin. 

However, according to the official website, currently, 1 SIGN is worth 0.031 USDT (Tether). The website asserts that this price will reach $0.72 by the public launch. This data is not verified by any independent source. 

The mechanism behind the rising price of SignUpToken is that people cannot buy it at the same price. Therefore, every email subscription and buying of coins at this stage will slightly increase the coin's value. However, the practicality of this mechanism remains to be certified.   

## Is SignUpToken a good investment? 

SignUpToken has introduced a new presale strategy in the crypto market. But other than that, it seems the project has nothing else to offer. 

It is currently at its presale stage, with only 17,819,586 tokens sold. There is no certainty about the coin's price, as it has yet to be launched on any centralised public exchange. 

On top of that, several indicators make SIGN a dubious crypto. Its salesy branding and promises of huge returns raise eyebrows. Moreover, the marketing strategy of pushy sponsored articles also leaves some questions. That's why it is better to avoid investing in it until the team provides more clarity regarding its future plans. 

If you decide to explore SignUpToken, research its background carefully. Plus, consider your risk appetite before committing any investment. 

What is SignUpToken and is it Legit?

Since Binance launched Binance Coin, the BNB crypto coin has become a key part of the world’s biggest crypto exchange’s ecosystem. 

BNB began life as the asset sold during Binance’s ICO (initial coin offering), offering owners an opportunity to receive lower trading fees once the exchange launched. 

Since then, the BNB crypto offering has retained an important role in the Binance operation as the business expands beyond its original concept of being a digital asset exchange. 

## BNB Coin history 

Binance launched its ICO just over six years ago, with members of the founding team and angel investors among those to secure Binance coins. 

The business raised $15 million through the sale of BNB tokens, with 100 million selling for $0.15 each. 

Just over a third of the revenue was used to upgrade the Binance platform, while half was spent on branding, education, and marketing. The rest was put aside in case of emergency. 

When first sold, the BNB token was built as an ERC-20 token on the Ethereum blockchain. Two years after the ICO, Binance opened its own blockchain, Binance Chain, and, with it, a native coin, BNB. A token swap in 2019 allowed BNB crypto token holders to exchange them for the coin. 

## How does the Binance crypto coin work? 

BNB Coin operates like most other cryptocurrencies. People can buy and sell it, determining the rise and fall of its value, hold it in compatible wallets, and use it for payments. 

On a more technical level, we need to look at Binance Chain, the company’s layer-1 blockchain. 

The primary focus during development was optimising on-chain trading, principally to enhance Binance’s decentralised exchange. Transaction, or gas, fees on the chain are paid in the native currency, the BNB crypto coin. 

Within the Binance Chain, we find the Binance beacon chain, focused on the governance of the blockchain and where BNB crypto coin holders can take part in staking and voting. There is also the Binance Smart Chain, an Ethereum Virtual Machine-compatible consensus layer with hubs to multiple chains. 

## Burning BNB crypto 

Binance has performed quarterly burns of BNB since shortly after its ICO in 2017. It continues to spend money four times every year to buy back and burn BNB Coin. The stated aim is to completely destroy half the original supply – 100 million BNB Coins. 

As with all burn programmes, the aim is to reduce supply and drive up rarity, which can increase the value of the asset. 

An unusual aspect of the Binance operation is the Pioneer Burn Program. In this, the business will evaluate cases where BNB holders have irrevocably lost their holding and, in some instances, repay them and deduct the amount of lost BNB from the next quarterly burn. 

## BNB and its uses 

The popularity and use of Binance Coin has grown with the brand. As mentioned above, it started out as BNB crypto token to raise funds to launch an exchange and quickly gained traction. 

Binance has expanded into a wider ecosystem, broadening the use and appeal of BNB crypto. The expansion has seen the launch of a decentralised exchange, two blockchains, crypto borrowing, peer-to-peer trading, and more. 

BNB Coin can be used to pay for [Binance Exchange](https://www.binance.com/en) transactions, with customers who use this option seeing fees reduced. As the ecosystem has expanded, BNB has become a payment component in other Binance products. 

BNB can also be accepted as payment by participating merchants, used to invest in stocks, ETFs, and other assets on some platforms, as collateral for loans, and to make direct payments to others via certain apps. 

## BNB crypto pricing 

Like all cryptocurrencies, the value of BNB fluctuates depending on market circumstances and sentiment. From an all-time low of $0.09611 in 2017, the year of the ICO, BNB rose to a heady all-time high of $690.93 in May 2021, according to[ CoinMarketCap](https://coinmarketcap.com/currencies/bnb/). 

At the time of writing, the BNB market cap was in excess of $32.5 billion. 

The notable increase in BNB value between 2017 and 2021 is tied to the success of Binance Exchange, the world’s biggest crypto trading platform, and its vital role within the expanding Binance ecosystem. 

Given the market dominance of Binance, some investors consider BNB a ‘safe’ investment, despite the likelihood of large short-term returns being low. However, as ever, it is vital to do your own research and be aware that BNB, like all cryptocurrencies, is subject to significant value fluctuation, and there are no guarantees, even with an established digital asset. 

While Binance remains a strong brand, it has faced challenges that could impact the future value of BNB. 

## Regulation of Binance 

In a short time, Binance established itself as one of the most significant players in the global crypto market. But problems began to emerge in 2021, when regulatory action was taken in jurisdictions including the UK, Japan, Malta, Netherlands, Cayman Islands, Malaysia, and Thailand. [The UK ordered](/news/article/binance-gbp-deposits-and-withdrawals-suspended) the company to cease all financial activities in the country in July of that year due to the lack of required authorisation. 

Two years prior, Binance had removed US customers from its main exchange, instead launching a country-specific platform called [Binance.US](https://www.binance.us/). 

While some licences have been granted, notably in France, Binance remains under regulatory scrutiny. Just four months ago, the US Securities and Exchange Commission announced 13 securities law charges against Binance entities and founder [Changpeng Zhao](/news/article/cz-binance-founder). 

How does the BNB crypto coin work? 

[Startups](/news/article/mastercard-start-path) in the blockchain and cryptocurrency sphere consider ICOs a cheap, fast, and less cumbersome way of acquiring funding for upcoming projects. Maybe you're considering participating in an ICO crypto soon, but there are concepts and intricacies you don't grasp besides not knowing about upcoming ICOs. 

This article helps you understand the ICO process and what projects you can expect soon. 

## What are ICOs? 

An Initial Coin Offering (ICO) is an ingenious method blockchain and cryptocurrency project startups use to raise funds for their products or services. ICO crypto offerings enable investors to participate in [token sales](/news/article/token-vs-coin), where they can acquire tokens newly listed on cryptocurrency exchanges. 

ICOs are popular among startups because they enable them to bypass traditional venture capital when raising capital for new tokens, applications, or other services. The primary benefit of ICOs is building a direct connection between startups and investors, besides eliminating the need for third parties from the capital-raising process. 

## Upcoming ICO crypto calendar 

If you're interested in participating in ICO crypto, you need to look for ICO calendars, where you'll find lists containing past, active, and upcoming ICOs. 

Here, you'll learn about the imminent projects and their fundraising goals, including token sale metrics, project details, crypto presales, and other pertinent information regarding token sales. 

Below is a list of excellent crypto projects you can go through to explore and discover high-potential initial coin offerings. 

## Bitfinder (BITF) 

The first ICO crypto project on our list is Bitfinder (BITF), set to become the pioneer crypto search engine running on a decentralized/centralized network Discover. According to the [Whitepaper](https://cryptototem.com/wp-ico/img/new%20projects/Bitfinder/bitfinder-whitepaper.pdf), the project will offer a search engine specializing in crypto-related content, a publisher program for adding banners, an advertiser program, paid-to-click ads, and crypto games that pay in cryptocurrency. The ICO presale runs between 21 October and 21 November, 2023, with the public sale beginning 21 May until 21 June, 2024. There's a pre-token supply of 60,000,000 BITF out of 1,000,000,000 BITF, priced in USD: 1 BITF = 0.01 USD. 

## Landslide (LADD) 

The Landslide ICO crypto project, whose token sale runs between 15 October and 30 November, 2023, proposes to build the world's fastest blockchain. With speeds of at least 850,000 transactions per second (TPS) and up to 2 million TPS, the project running on Binance Smart Chain will be highly scalable and faster than pioneers Solana, Ethereum, Avalanche, Polkadot, and Polygon. Per the [Whitepaper](https://cryptototem.com/wp-ico/img/new%20projects/Landslide/landslide-whitepaper.pdf), there’s a pre-token supply of 50,000,000 LADD out of the planned token supply of 220,000,000. The LADD utility token is priced in USD, where 1 BNB = 50,000 LADD.   

## Tezos Domains (TED) 

Tezos Domains proposes to launch domains similar to the Ethereum Name Service (ENS) that can be used to secure ownership and link Web 3.0 wallet addresses with websites, share avatars, and publish verifiable contact information. The Tezos Domains, DApps, and wallets will run on the Tezos ecosystem to replace complex public addresses. The [Whitepaper](https://tezos.domains/en/about/faq) states that users will use their Tezos Domains to store their cryptocurrency, addresses, NFTs, or tokens. The token sale has been ongoing since 25 September with a supply of 100,000,000 TED targeting the Tezos community at 1 TED = 0.04 USD. 

## CutKitts (CUT) 

CutKitts consolidates the power of NFTs and memes to introduce a unique Earn-to-Play concept in gaming where users can enjoy games using NFT heroes. The [Whitepaper](https://cryptototem.com/wp-ico/img/new%20projects/CutKitts/Whitepaper.pdf) proposes a robust economic system where users can trade, craft, and enhance their NFTs and enjoy endless possibilities. Investors can expect a good ROI as gamers plunge into the new era of eSports, eLeagues, and other thrilling tournaments. The project's presale began on 7 September and runs until 30 September, 2024, targeting 40,000,000,000 CUT. Public sales run from 20 November to 1 September, 2028. The token price is 1 CUT = 0.00072 USD and is sold in ETH. 

## KlubCoin (KLUB) 

The KlubCoin ICO crypto project is a cryptocurrency that blazes the trail in the electronic music industry and is already popular with some strong brands in a fast-growing ecosystem. The [project](https://cryptototem.com/wp-ico/img/new%20projects/Klubcoin/KlubCoin-LitePaper-1.pdf) enables clubs, festivals, DJs, and artists to offer their loyal fans rewards and crypto ownership via a fan token – KLUB, which can be used in physical and Metaverse events. The project proposes a party-to-earn model for electronic music fans, targeting clubbers and festival goers, offering them instant cashback rewards whenever they buy from partners. Moreover, KlubCoin will allow seamless Web 3.0 onboarding via iOS and Android apps. The pre-token launch takes place between 4 October and 6 October, 2023, targeting 1,000,000,000 KLUB priced at 1 KLUB = 0.0120 USD. 

## How to select a good ICO crypto project  

There are hundreds of ICO crypto and blockchain projects to choose from, each with a horde of returns and benefits for investors. You must comb through lists and calendars of upcoming ICOs offering updated information to locate the best. 

Take the time to carefully go through complete ICO schedules, including the technology behind the project, funding goals, the roadmap, and the developers' team and project community ratings and feedback. 

Check the stage of the project and token sale, read their Whitepaper, conduct sufficient research to understand the project’s risks and viability, and evaluate your risk tolerance before pursuing any ICO crypto [investment opportunity](/news/article/alt-season-crypto). 

Best upcoming ICO crypto presales

The value of Pi currency took a tumble on the crypto markets in mid-September following news of more delays to the Pi Network mainnet roadmap. 

The delays have sparked outraged network enthusiasts, who have also blasted the lack of plans to get the Pi currency, PI, listed on major exchanges. 

What exactly is happening at the [Pi Network](/news/article/pi-network-price-prediction)? 

## Pi currency tumble 

In a single week in the middle of last month, PI lost more than 20% in value compared to recent highs. The dip came after Nicolas Kokkalis, CEO of the Pi Network, confirmed further delays to the hotly anticipated mainnet roadmap. 

Reported by [PiNewsMedia on X ](https://twitter.com/PiNewsMedia/status/1700601922649227531)(previously Twitter), it was revealed that the roadmap would now be unveiled in two phases. 

The first phase is expected this month, undermining previous expectations that the full roadmap would be released in October. 

While it is hoped that version 2 will still come this year, no exact schedule has been given. The news perplexed and angered many Pi Network fans. 

Of course, PI is not yet tradable, so the fall in value recorded by sites like [CoinMarketCap](https://coinmarketcap.com/currencies/pinetwork/) refers to the ‘IOU’ price. However, the sudden decline does reflect where sentiment around the project currently sits. It’s clear optimism has dampened, impacting short-term price expectations for PI. 

## Under fire 

Following the news of the latest delay to the publication of the mainnet roadmap, Pi Network fans did not hold back. 

Not only did the value of the PI price dip, there was also outspoken criticism of the network. 

The complaints focused on how long the network has been in an enclosed mainnet and the lack of plans to list PI on major exchanges, such as [Coinbase](/news/article/coinbase-review-uk) and Binance. 

Pi Network attracted plenty of fans when it launched. Inspired by the challenges of Bitcoin, the world’s most popular cryptocurrency, the founders sought to offer an alternative. 

While Bitcoin requires specialised mining equipment, [the Pi Network approach](/news/article/pi-network-unlocks-mining-rewards) allows anyone with a smartphone to mine PI. This addresses some of the accessibility and energy use issues of Bitcoin, plus brings significantly lower transaction fees within the Pi ecosystem. 

The goal was to have this intention at the heart of an entire ecosystem of diverse applications. Pi Network is already being used by developers to create DeFi, gaming, and Metaverse apps. 

Millions of users worldwide flocked to Pi Network at the peak level of interest. Stats today, reported by the likes of [BanklessTimes](https://www.banklesstimes.com/news/2023/09/14/pi-network-users-blast-core-team-as-pi-coin-concerns-remain/), suggest the numbers have fallen sharply. On top of that, there are concerns that Pi Network pioneers now have collections of Pi currency, which is, essentially, worthless. 

That is because there is no option to cash out, as PI is not tradeable yet. They will only be able to once PI is listed on exchanges, allowing the Pi currency to be traded like other crypto tokens. 

There has been criticism of an apparent lack of plans to do this. 

## Criticism of core team 

Following the latest delay to the mainnet roadmap, fans hit out and alleged inconsistencies in the Pi Network core team. One, an X user called Pi Inu Token, listed several concerns, including claiming that the coins mined so far will not be cashed out while they are concentrated in Vietnam, China, Nigeria, and other countries. 

He also raised concerns about how Pi Network will achieve the next network breakthrough and wealth redistribution. He noted that Pi Network has profited from ad revenue generated when people mine, which is high due to the popularity of the project, and suggested that leaving the enclosed mainnet and listing the Pi currency on exchanges would be ‘counterproductive’. 

The critic based this on the idea that Pi pioneers would quickly cash out, causing the value to dip, and that a consequential fall in network users would negatively impact ad revenue. 

## Still life in Pi 

Despite the latest news, there is still hope for the Pi currency and network. 

Its energy-efficient mining model and large user base means it still retains potential. The network aims to make PI more accessible than other crypto tokens, the ones which require technical knowledge or specialised hardware. 

It should also be noted that the PI IOU price soared, up some 15%, following the announcement that its detailed roadmap would be delivered in September. That news spiked the price, in much the same way the delay caused it to dip, so there is clearly still buzz around the Pi project. Once the roadmap is released, pundits expect the Pi currency value to rise again. 

Analysis by [coincodex](https://coincodex.com/article/32203/pi-coin-price-crashes-20-as-pi-network-ceo-confirms-further-delays-pi-roadmap-now-set-to-release-in-q4/) suggests bullish potential for PI. Given the substantial social following Pi Network has, and assuming the mainnet launch goes smoothly, the Pi currency could surpass the $200 mark within 12 months, it suggests. 

However, there is a note of caution. We must wait to see if the network can meet the community management and technical challenges necessary to achieve that value. All eyes will be on the delivery of the roadmap. 

Pi Currency Plummets as Delays Confirmed 

Do you remember the Tom and Jerry episode featuring Robocat, a robot cat meant to replace Tom? Well, the future is now, but with robot dogs. 

James Howells, an IT systems engineer and resident of Newport, accidentally threw away a hard drive with nearly 80,000 Bitcoin ([BTC](/news/article/cz-binance-founder)), equivalent to almost £168M at the time of writing. 

The incident occurred in 2013, and for ten years, Howells has been in constant dialogue with the Newport City Council to help him retrieve his lost crypto fortune, but to no avail. The council refuses to permit him access to the landfill site. 

Howells has had enough. He plans to retrieve his BTC from the site using AI-powered mechanical arms and robot dogs for security (to drive away scheming thieves). 

## Robot dogs and AI: what is Howells' plan? 

While the [Sony Aibo](https://us.aibo.com/) is as cute a rendition of a puppy as it gets, Howells does not intend his robot dogs to be cute and fluffy. Think of the robot dogs he intends on employing to retrieve his Bitcoin to look and behave more like the robotic guard dogs featured in the Metalhead episode of Black Mirror - fierce. 

It all started in 2013 when Howells placed the hardware from an old laptop, containing a whopping 80,000 BTC, in a black trash bag in his hallway. He was doing a "clear-out" of his "office" and "put a lot of items" into the black trash bag. 

His ex-partner, bless her soul, took the bags to the landfill site the next morning. Howells refuses to blame his ex-partner and says she was doing him "a favour". Better communication could have gone a long way in avoiding this mishap. 

Over the past decade, the Newport City Council has refused Howells access to the landfill site. In a last roll of the dice, he has employed a legal team who recently wrote to the local authority seeking legal access to the site. 

If this ploy bears fruit, Howells will utilise an AI-operated mechanical arm to sort the enormous piles of rubbish. The rubbish will then be sifted through by hand to retrieve the lost hard drive. He also plans on using robot dogs as a security measure to drive away opportunistic thieves. 

Howells has already employed a team of data recovery and environmental health experts to lead the charge. He will cover all costs related to the search and, if successful in recovering his lost Bitcoin (provided he is legally allowed to access the landfill site in the first place), has a noble cause in mind. 

## Newport: UK’s first crypto hub? 

A quarter of the areas in Newport, a city in Wales, are among the most deprived 10% in the country. If successful in his recovery mission, Howells intends to give 160,000 Newport residents £50 each in Bitcoin. 

While this will not solve the underlying problem of deprivation, “the idea is then people will have to learn how to use” the cryptocurrency, and this education will “help them” in the long run. 

Howells will also set up a blockchain education centre where anyone can come to have a face-to-face chat with an expert to learn about crypto. He feels learning about new technology, such as [blockchain](/news/article/bitcoin-bank) on your phone or laptop, can be daunting, and having somebody to teach you the basics in real life is ideal. 

Finally, Howells will also install crypto point-of-sales devices at strategic locations. This will enable the local community to use c[rypto on a day-to-day basis](/news/article/how-to-invest-in-bitcoin-uk). 

According to him, this will "get a crypto economy going in South Wales". For a single man to drive such change in the crypto world is unheard of. 

It is to be seen whether Howells will be granted his wish. Legal action was Howells' last resort, and if the judge on duty refuses his request, his dream will be all but over. 

Howells' cause is noble. Let us hope for the best! 

Robot dogs and AI to recoup £168M BTC from landfill? 

Suppose you're searching for [IOTA](https://www.iota.org/) stocks price predictions, analysis, or market forecasts. In that case, you could be interested in the price of IOTA (MIOTA) and whether it's likely to go up in the future. 

This article considers numerous past price movements to answer your questions, especially whether IOTA is a good [investment](/news/article/crypto-invest-strategy).   

## What is IOTA (MIOTA)? 

IOTA differs from other popular cryptocurrencies as it's created on a distinctive distributed ledger called the Tangle. 

The Tangle doesn't rely on blocks, miners, validators, or transaction fees. Instead, it depends on Direct Acyclic Graph (DAG) to overcome cost and scalability issues. 

The result is no-fee payment, low computing charges, and hassle-free integration with Internet of Things (IoT) devices.   

## How IOTA (MIOTA) works 

Understanding how IOTA works is prudent before you can appreciate our IOTA stocks prediction for 2023 and beyond. 

The protocol's structure, Tangle, has a unique way of storing and managing numeric representations. Hence, it beats popular cryptos on scalability by eliminating hurdles associated with traditional blockchains.    

Like XRP, MIOTA tokens are pre-mined, and transactions get validated via the DAG, an exciting mathematical concept used in distributed ledger technologies. The entire IOTA ecosystem is cheaper and more power-efficient than conventional blockchain systems since Tangle doesn't need total node miners. 

## IOTA benefits  

IOTA stocks show potential to develop and catch up with other cryptocurrencies considering its shortlist of benefits, which include: 

High speed: IOTA doesn't encounter most bottlenecks associated with most blockchains as it can handle 1000 transactions per second (TPS) compared to Bitcoins' 5 TPS or Ethereum's 15 TPS.  

Energy efficiency: IOTA is suitable for simple and low-energy devices due to its design meant for machines working in a low-energy environment. 

Adaptability: IOTA is highly adaptable to different use cases as it can be tailored to suit different needs, from homes to large corporations.  

Decentralization: IOTA is developing its fully decentralized 2.0 version, showing its commitment to devolution.  

## IOTA stocks price prediction 2023–2028 

Considering the volatility of the crypto market, it's difficult to make a precise cut of price predictions for IOTA stocks. Therefore, our price prediction should be considered financial advice.    

### IOTA (MIOTA) price prediction 2023 

We're still recovering from the Bear Market, and MIOTA is trading at $0.1456 per [CoinMarketCap](https://coinmarketcap.com/currencies/iota/). It’s expected to reach a high of $0.264423 as the year progresses. The average price should stay around $0.220353. 

### IOTA (MIOTA) price prediction 2024 

IOTA could continue its upward trend in 2024, where pundits believe it could reach a maximum of $0.411325. The year's average could reach $0.367255, but should the Bear Market reappear, the minimum price for 2024 could be $0.323184. 

### IOTA (MIOTA) price prediction 2025 

In 2025, IOTA's impressive growth could mirror the crypto gains expected across the entire market, and the price could hit a high of $0.558227 with an average of $0.514157 with an expected minimum of $0.470086. 

### IOTA (MIOTA) price prediction 2026 

Should the emerging Bull Market rise and affect continued growth, IOTA could attain the price of $0.705129 in 2026, averaging at $0.661059 but falling around $0.616988 if there's a sell-off. 

### IOTA (MIOTA) price prediction 2027 

Given the likely continued adoption of MIOTA worldwide, IOTA will likely build its value to $0.852031 by 2027, and the average price is expected to be $0.80796. The asset's minimum price for 2027 could be around $0.76389. 

### IOTA (MIOTA) price prediction 2028 

In 2028, a potential adoption growth and the possibility of regulators approving crypto could benefit MIOTA. As a result, MIOTA could reach a maximum price of $0.998933, a minimum price of $0.910792, with an average of $0.954862. 

## Is IOTA a good investment in 2023 and beyond? 

Our IOTA stock review shows that MIOTA remains a unique crypto project. While it's yet to happen, IOTA has the potential to become an attractive payment option for users given its feeless and almost instant tamperproof transactions. 

As a result, an [IOTA investment](/news/article/crypto-invest-strategy) could become a good decision if everything falls into place and the emerging Bull Market gathers enough steam. 

IOTA stocks price predictions for 2023 and beyond  

Vectorspace AI ([VXV](https://coinmarketcap.com/currencies/vectorspace-ai/)) is the native asset of Vector Space Biosciences, a project that aims to detect the hidden relationships in data to power and speed up novel discoveries, hypotheses, interpretations, and new insights in space to benefit humanity.  

Launched in 2018, the company comprises a network of bioscience and computational laboratories in addition to advisors from the extensive scientific field, including capital markets, general life sciences, and space biosciences. These experts share a common interest in the growing Machine Learning (ML) and AI sectors. 

VXV is the cryptocurrency that reflects the image of the company in the decentralized finance (DeFi) space. Over the past two years, the digital currency has not fared well compared to other [crypto ](/news/article/is-crypto-dead)assets, and it is not in good standing compared to other AI-powered tokens. 

Let us examine the possibilities of the asset and whether new partnerships can reflect positively on its value.  

## Is Vectorspace AI benefitting from partnerships? 

Yes, the digital currency has been benefitting from partnerships in 2023, although the gains have been short term. 

VXV has been on a downward spiral since it reached an all-time high (ATH) price of [$35.93](https://coinmarketcap.com/currencies/vectorspace-ai/historical-data/) during the peak of the markets in November 2021. 

VXV followed the rebounding of AI tokens in February after it rose to a yearly peak of $1.2627 on 7 February. At the time, the token had risen by 338% from its opening day price of $0.2884 on 1 January. 

Unfortunately, the digital asset is down by more than 70% from the year's high and up by 6% year-to-date (YTD). 

The decline in value YTD has come despite partnerships with some mainstream corporations.  

On 23 May 2023, Vector Space Biosciences announced that it has [partnered ](https://www.businesswire.com/news/home/20230523005963/en/Vector-Space-Biosciences-Oracle-Develop-Language-Models-to-Advance-Human-Spaceflight#:~:text=Vector%20Space%20Biosciences%2C%20along%20with,leverage%20advanced%20language%20modeling%20techniques%20%E2%80%93)with Oracle, a computer technology company that specializes in cloud applications and cloud platform services, to develop what it called a large language modeling and visualization application as part of its mission of advancing space biosciences.  

VXV opened the day at $0.3522, reached an intraday high price of $0.3652, tested an intraday low price of $0.3521, and closed the day at $0.3646.  

The [crypto token](/news/article/is-crypto-regulated-across-the-globe) closed the fifth month of the year with a relatively higher price of $0.4149. Overall, VXV went up by 10% in May.  

## Vectorspace AI: What is the latest?  

On 16 August, 2023, its parent company [announced](https://www.businesswire.com/news/home/20230816037245/en/Vector-Space-Biosciences-Files-for-Registration-for-Space-Launch-of-Biological-CubeSats) that it had begun a filing process for licensing and registering biological CubeStats. 

This will play a valuable role in enabling pharmaceutical, biological, and advanced materials companies to contribute to the advancement of the space industry.  

While the token did not respond strongly to the announcement, disclosure of the company obtaining the full license could lead to a spike in its price.  

VXV, unlike AGIX, Fetch.ai (FET), and other tokens under AI, has not seen the same levels of investor interest ([trading](/news/article/trading-212-guide) volume).  

The token saw a daily trading volume between $20,000 and $165,000 in August. This cannot be compared to the millions of dollars its direct competitors have seen on cryptocurrency exchanges. 

Can New Partnerships Drive Vectorspace AI Price? 

AI tokens have been trending over the past eight months due to the impact artificial intelligence products have had on global markets. 

While AI has been with us for years, 2023 has seen it penetrate all spheres of the global economy, with many countries, like [India](https://indiaai.gov.in/news/meet-soundarya-south-india-s-first-ai-news-presenter-by-power-tv) and [China](https://www.cnbc.com/video/2018/11/09/worlds-first-ai-news-anchor-debuts-in-china.html#:~:text=China's%20state-run%20news%20agency,desk%2024-hours%20a%20day.), introducing AI-powered anchors and newscasters. 

While AI has been well-received by many companies in the entertainment industry, many actors and screenwriters have expressed dissatisfaction, culminating in [strikes](https://apnews.com/article/artificial-intelligence-hollywood-strikes-explained-writers-actors-e872bd63ab52c3ea9f7d6e825240a202) in July.  

Despite the threat AI poses, it has many advantages that can simplify the nature of work. The [crypto](/news/article/is-crypto-dead) market has been trading far below the all-time lows of 2021, but the addition of assets powered by AI companies has led to a significant rebound. 

Let us examine what they are and the impact they continue to have on the DeFi (decentralized finance) sector. 

## What are AI tokens? 

Derived from a combination of cryptocurrency and AI, they play an integral role in driving user experience, scalability, security, and many factors in the growing artificial intelligence sector. 

Due to being housed in blockchain, the possibilities of this technology enable people to use virtual assets to pay for AI-related services.  

Some of these services include payment for the use of image generation or text generation tools, exchanges, or decentralized marketplaces.  

Some of them also play an invaluable role in the creation of several virtual platforms where people can buy and sell AI algorithms.      

## What is the market size for AI tokens?  

The market size for the AI industry was estimated to be worth around $137 billion in 2022. It was forecast to grow at a CAGR (compound annual growth rate) of 37.3% over the next seven years (2023 to 2030), according to [Grand View Research](https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market).  

Areas expected to contribute significantly to achieving this valuation include but are not limited to manufacturing, agriculture, advertising and media, retail, law, healthcare, and automotive & transportation. 

Some companies named in the research included AMD (Advanced Micro Devices), Baidu Inc., Google LLC, IBM (International Business Machine Corporation), Intel Corporation, NVIDIA Corporation, Microsoft, Zebra Medical Vision Inc., and Sensely Inc. 

Germany, the UK, China, Japan, India, the US, Canada, and Mexico were the countries named to lead this revolution. 

AI tokens are typically assessed with big data cryptocurrencies due to the similar roles they continue to play in the Web3 revolution. 

As of 14 August, there are more than 1.6 million cryptocurrencies on the market. The overall total market capitalization of the digital currency sector stood at approximately [$1.2 trillion](https://www.tradingview.com/chart/1okY2Hep/?symbol=CRYPTOCAP%3ATOTAL).  

Out of this, around $4.9 billion belongs to the big data and AI market. This represents around 0.4% of the entire [crypto economy](https://coinmarketcap.com/view/ai-big-data/).  

This shows the amount of work the aforementioned companies must do to be able to compete squarely with other asset classes such as memecoins which has been soaring with price spikes in Dogecoin (DOGE), Pepe Token (PEPE), Shiba Inu ([SHIB](/news/article/shiba-crypto-project)), and Floki Inu (FLOKI).  

They need massive investment to be able to catch up with popular digital assets such as Solana (SOL), Ripple ([XRP](/news/article/ripple-xrp-news-2023)), Ethereum ([ETH](/news/article/polygon-matic-news)), Bitcoin (BTC), and Litecoin ([LTC](/news/article/litecoin-predictions)).   

## What AI tokens can you consider? 

While AI has faced ire from regulators across the globe, its assets remain some of the most in demand. 

As with crypto, regulatory bodies in the world's most powerful economies are trying to come up with AI compliance measures so that the privacy and security of their residents would not be compromised. 

While the market remains highly competitive with Google, OpenAI, and a few others dominating, the lack of awareness and education on the part of traders may see millions make severe losses within a short period. 

SingularityNET (AGIX), Fetch.ai (FET), Akash Network (AKT), Image Generation (IMGNAI), Kambria (KAT), and CryptoGPT (GPT) are among some of the cryptocurrencies under the AI banner you can consider for your portfolio.  

One of the advantages of owning AI tokens is that more than 90% of them are changing hands below $1. 

This means you do not need to fork out a lot of money before you can get your hands on millions of crypto tokens. With $1,000, you could have millions of GPT, KAT, IMGNAI, FET, AKT, and AGIX tokens in your investment portfolio. 

Many analysts continue to preach diversification and mixing AI tokens with [Metaverse](/news/article/metaverse-companies-to-watch) tokens, memecoins, and coins with sizable prices could be the way to go under the current crypto climate.  

## Conclusion  

The laws of cryptocurrency trading apply to all tokens, including those related to AI. 

Without strong fundamental and technical analysis, you could end up like many traders who felt they had found the next golden goose, only to lose substantial sums in a short period. 

Know that digital asset investment is risky, so invest what you can afford to lose. 

What are AI tokens and should you buy some? 

AI coins have taken over the crypto market in 2023 due to the extensive patronage of artificial intelligence tools. 

The launch of OpenAI's ChatGPT in November 2022 and the use of AI in many aspects of our lives have cast a positive aura around cryptocurrencies backed by AI products.  

Google parent company Alphabet Inc., Meta Platforms Inc., the holding company of Facebook, and others, such as NVIDIA, have benefitted massively from the patronage of AI-related services. This has led to a substantial rise in their respective stock prices.  

While [memecoins](/news/article/memecoins-whats-popular), metaverse tokens, and big data tokens have also profited from the rebounding of the market this year, AI tokens have brought above-average returns for millions of traders.  

Below, we look at some of the top AI coins crypto markets offer and their potential in the saturated [cryptocurrency ](/news/article/is-crypto-dead)space. 

## AI coins crypto: What are the top assets? 

You may have come across the total market capitalization for AI tokens. Unfortunately, all the major crypto tracking portals, like [CoinMarketCap](/news/article/what-is-market-cap-in-crypto), CoinGecko, and others, have combined AI coins with big data tokens. 

As of 12:00 UTC on 16 August, 2023, the combined market capitalization for [AI and big data tokens](https://coinmarketcap.com/view/ai-big-data/) was approximately $4.6 billion.  

While you will come across names such as The Graph (GRT), Render (RNDR), Injective (INJ), and Ocean Protocol (OCEAN), they are big data tokens. Some of them even qualify as Metaverse tokens. 

With this clarity in mind, you should know that examples of tokens powered by artificial intelligence include SingularityNET (AGIX), Fetch.ai (FET), AiDoge (AI), Image Generation AI (IMGNAI), Akash Network (AKASH), and Artificial Liquid Intelligence (ALI).  

## SingularityNET (AGIX) is the top-ranked coin  

According to CoinMarketCap, [SingularityNET](https://singularitynet.io/) is a platform powered by blockchain technology that allows people across the globe to share, create, and make money out of services related to the growing artificial intelligence sector. 

Its native asset AGIX plays an essential role in overseeing activities in the project’s ecosystem.  

SingularityNET is not one of the projects that solely relies on positive market sentiment to rise in price.  

Its price drivers come from partnerships, most recently with [Charles Hoskinson’s Cardano](https://twitter.com/SingularityNET/status/1622883083329458176), which led to a spike in the price of AGIX. 

As a low-cap digital asset by market cap, [AGIX](https://coinmarketcap.com/currencies/singularitynet/) was exchanging hands for $0.2024, continued to see at least $10 million as a daily trading volume in August, and had a fully diluted market capitalization of approximately $248 million.  

According to analysts at Digital Coin Price, a platform that combines fundamental with technical analysis, AGIX could have a trading price of $0.44 by the end of 2023 and retest the $1 mark in the long term. 

## Fetch.ai (FET) is among the tokens to keep an eye on  

Fetch.ai is the project behind FET. Fetch.ai tagged itself as an artificial lab when it joined the sector, and the protocol is used to build a decentralized machine-learning network that is permissionless and open. It continues to play a strong role in the crypto economy.  

Like SingularityNET's AGIX, FET's price is bolstered by major activities in its ecosystem, such as the new partnership with [Ocean Protocol](https://twitter.com/oceanprotocol/status/1689618001165750273), where Fetch.ai's technology will be sourced to help form a secure and privacy-preserving data exchange on the Ocean marketplace. 

As of writing, FET had a price of $0.2023, had seen a 24-hour trading volume of $33 million, and had a fully diluted market capitalization of $233 million.  

Many experts believe that an expansion of the project’s ecosystem could lead to an exponential rise in the price of this crypto asset.  

According to [David Cox](https://www.cryptonewsz.com/forecast/fetch-ai-price-prediction/) at CryptoNewsZ, FET could reach the maximum price of $0.59 by the close of 2023, $0.79 by the year’s end of 2025, and surpass its all-time high (ATH) price of $1.19 in September 2021.  

## AI coins crypto: The other tokens 

Largely ignored by millions of traders, Akash Network is one of the few AI-powered tokens that have been able to cross $1.  

In May, the development team behind [the protocol added](https://twitter.com/akashnet_/status/1658884912437678080) chatbot applications such as TerminalGPT, BabyAGI, and Auto-GPT.  

The launch of more applications with a great user base could result positively in the fortunes of the [digital asset](/news/article/uk-digital-assets-breaches).  

As of 12:00 UTC on 16 August, [AKT](https://coinmarketcap.com/currencies/akash-network/), the native asset behind the project, was exchanging hands for $1.17, had a 24-hour trading volume of $2.6 million, and had a fully diluted market capitalization of approximately $455 million. 

AKT is forecast to reach the maximum price of $2.57 by the close of 2023, $4.20 (2025), and $12.27 by the end of 2030. 

While these virtual currencies show great potential in the AI coins crypto market, you should embark on thorough research before investing your hard-earned money in them. 

AI coins: Crypto assets to watch out for 

Before turning to our list of the best AI crypto coins, let's understand what artificial intelligence is. 

AI continues to take the world by storm. Contrary to what many people say (and what the news suggests), AI is not here to 'replace' people. 

While AI will end up[ replacing millions of human jobs in 2023](https://www.msn.com/en-in/news/other/ai-will-replace-millions-of-human-jobs-by-2023-but-these-4-jobs-to-be-at-most-risk-reveals-study/ar-AA1eCrRm) alone (low-wage jobs in particular), it will force people to upskill and keep up with the latest technological trends, eventually doing much more good than harm - stagnation kills. 

An AI revolution is brewing, and the cryptosphere is no exception to its wrath (overdramatic much?). 

AI coins, in particular, are the talk of the town. These crypto assets use artificial intelligence to enhance security, scalability, and user experiences within blockchain networks. AI can be trained to identify investment opportunities, analyse market trends, detect illicit activities, and much more. 

Hence, AI crypto coins find application in AI-driven projects based on portfolio management, market predictions, decentralised marketplaces, etc. It is safe to say that the potential for AI in the cryptosphere is sky-high. Read on to learn about the best AI crypto coins on the market today. 

## Best AI crypto coins 

Here are the five best AI crypto coins in no particular order: 

- SingularityNET (AGIX). 
- Render (RNDR). 
- Oasis Network (ROSE). 
- The Graph (GRT). 
- Injective (INJ). 

## SingularityNET (AGIX) 

AGIX is, without a shadow of a doubt, one of the most in-demand AI crypto coins on the market today. AGIX is the native token of [SingularityNET](https://singularitynet.io/), an ecosystem based on AI and Artificial General Intelligence (AGI). 

The ecosystem’s goal is to create a beneficial, inclusive, democratic, and decentralised AGI. AGIX plays an instrumental role in facilitating ecosystem transactions. 

![SingularityNET](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_04_bcf32504a3.png)

According to CoinMarketCap data, AGIX is trading at $0.1776 at the time of writing (to remain consistent through this article). The AI cryptocurrency has a market cap of over $200M, a 24-hour trading volume of nearly $40M, a total supply of just over 1.30B, and a maximum supply of 2B. 

You can purchase AGIX on[ popular crypto exchanges](/news/article/coinberry-exchange-review) such as Binance, KuCoin, and Uniswap. 

## Render (RNDR) 

RNDR is the native asset of [Render Network,](https://rendernetwork.com/) an Ethereum-based GPU network that revolves around motion graphics, VFX rendering, and animation. The cryptocurrency serves as a utility token within Render Network. 

The distributed GPU rendering platform was launched in 2017 and enables artists to scale next-gen rendering work efficiently and cheaply. 

![Render token screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_12_e4f1f1aa55.png)

RNDR is currently trading at $1.43. The crypto asset's market cap is more than $500M, with a 24-hour trading volume of nearly $50M, a circulating supply of almost 372M, a total supply of approximately 531M, and a maximum supply of close to 537M. 

You can buy RNDR at cryptocurrency[ exchanges](/news/article/coinswitch-exchange) such as Binance, KuCoin, Coinbase, and [Kraken](/news/article/kraken-crypto-exchange-plans-bank-launch). 

## Oasis Network (ROSE) 

[Oasis Network](https://oasisprotocol.org/) is a Layer 1 (L1) blockchain prioritising privacy, security, and versatility. The L1 promises "smart privacy" - according to its website, to build better decentralised applications (DApps), smarter privacy is the need of the hour. 

The L1 is built keeping developers in mind, enabling them to craft confidential DApps with ease. The network's modular architecture allows superior security, low gas fees, and high throughput. 

Recently, Oasis Network announced an ecosystem fund amounting to a whopping $235M. This fund will help support like-minded projects on the L1, fostering innovation and growth within the ecosystem. Exciting times! 

ROSE, the native crypto of Oasis Network, fuels the ecosystem. 

![Oasis Network coin statistics](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_21_56974e05d1.png)

ROSE is currently worth $0.04133. The cryptocurrency’s market cap is a solid $236M, with a 24-hour trading volume of over $26M, a circulating supply of more than 5.72B, a total supply of 10B, and a matching maximum supply of 10B. 

You can easily purchase ROSE at Binance, KuCoin, and Coinbase. 

## The Graph (GRT) 

[The Graph ](https://thegraph.com/)is an open-source, decentralised protocol that leverages distributed ledger technology (DLT) to collect data, thereby eliminating intermediaries. 

This protocol is designed to organise and index data efficiently. Simply put, The Graph indexes and organises blockchain data like Google indexes the worldwide web. 

To tackle the challenges of indexing blockchain data, The Graph utilises Subgraphs (Open APIs on The Graph) to retrieve blockchain data efficiently. The protocol's native crypto asset, GRT, is utilised for resource allocation within the network. 

![The Graph coin stats from coinmarketcap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_30_82482da480.png)

GRT is available for purchase at $0.08947. The AI crypto coin's market cap is nearly $820M, with a 24-hour trading volume of almost $63.50M, a circulating supply of approximately 9.15B, and a total supply of more than 10.72B. The token's maximum supply is infinite! 

Buy GRT at Binance, Coinbase, and KuCoin. 

## Injective (INJ) 

Injective is a “blockchain built for finance”. The L1 enables developers to build top-notch financial applications, with revolutionising smart contracts, pioneering interoperability, customised decentralised finance (DeFi) solutions, and formidable security. 

Backed by the likes of Binance and Mark Cuban, keep an eye on Injective and, in particular, the L1's native asset, INJ, which is one of the few cryptocurrencies experiencing a green wave at the time of writing! 

![Injective token coinmarketcap stats](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_39_78bb1c754d.png)

INJ is currently trading at $7.64 and can be bought on Binance, KuCoin, and Coinbase. 

Best AI crypto coins unveiled: A complete guide

Decentralised blockchain ecosystem Casper, geared towards developer and enterprise adoption, combines unique features which have made it a popular choice. Here, we explore Casper and how its native token, [CSPR](https://casper.network/en-us/), works. 

The Casper mainnet was launched in March 2021 by Casper Labs, funded through a method called an IOU launch, which allows investors to access the project before trading begins. Interest in the ecosystem has grown thanks to features such as the custom-built blockchain and its own cryptocurrency, CSPR. 

Advanced developer tools have empowered developers to create decentralised applications (DApps) that are considered more robust and immersive than others. 

Investor interest remains high thanks to new partnerships Casper has formed, with the likes of WISeKey, BIGtoken, Lead Ventures, and more. 

## What is Casper for? 

The primary goal of the blockchain is to simplify onboarding, reducing the tech barriers so that more businesses can integrate blockchain solutions into how they do business. 

A leading benefit of the platform is offering a secure alternative to centralised markets, with an open-source network vetted by many third parties and its own community. 

It is also scalable, thanks largely due to the team’s commitment to not repeating the mistakes of [Ethereum](/news/article/second-ethereum-testnet-successful). Ethereum gas fees were designed to combat congestion, but rising popularity left users facing increasingly high fees, as well as delays. 

Casper supports sharding, which is a digital storage method letting networks compartmentalise data, delivering almost limitless storage capacity. It also enables developers to produce complex DApps using blockchains that support sharding. 

The Casper network is also upgradeable, a compelling reason for its popularity. The team behind the ecosystem was keen to ensure that the network remains relevant into the future and went to great lengths to achieve this. Many of the features it offers are developed to be upgradeable, such as predictable gas fees and enhanced smart contracts. 

## How does Casper work? 

The Casper network is supported and maintained by [Casper Labs](https://www.casperlabs.io/) and delivers enterprise blockchain services. 

It operates a Proof of Stake (PoS) blockchain built on the Casper CBC (correct by construction) specification. This consensus mechanism delivers high performance and good security, and developers are enabled to build new blockchains using the Casper developer tools. 

PoS networks are more energy-efficient and scalable than Proof of Work (PoW) mechanisms, thanks to the removal of miners from within the validation process. It works by users staking their tokens to secure the network and receiving rewards, paid in native token CSPR. 

You should also be aware of the Casper Association. It is a not-for-profit organisation which is focused on expanding the reach and position of the network. The association is committed to providing resources, such as financial and technical support, to projects that have the potential to deliver valuable services to the Casper ecosystem. 

## CSPR 

The primary utility token for the Casper ecosystem is CSPR, a dynamic crypto fulfilling many roles. 

CSPR is how regular users interact with the network’s services and features, for example being used to pay fees and rewards. It is used to reward PoS validators and has a crucial role in the network’s community governance. 

You may be asking, how can I buy CSPR? It is available on exchanges such as Uphold, a leading platform for residents of the US and UK which offers a wide range of cryptos. 

CSPR can also be purchased on [KuCoin](/news/article/rise-of-kucoin), a cryptocurrency exchange offering trading in more than 300 popular tokens. It is often the go-to platform for the first chance to purchase new tokens as they hit the market. 

## CSPR and NFTs 

Casper has recently confirmed support for non-fungible tokens (NFTs). It has partnered with WISekey to develop an advanced NFT marketplace, where users can create and trade their NFTS on a platform underpinned by Casper. AS NFTs continue to be a popular trading commodity within blockchain, this could further increase the interest and success of Casper. 

You may already be aware, but NFTs represent a single asset, making them different to cryptocurrencies. NFTs have been widely used to create art and digital collectible, commanding massive prices, and the technology is moving towards adoption for more uses, such as ticketing and even storing personal records, such as medical data, online. 

## CSPR funding developers 

Casper developers are able to access grants which deliver finding for their projects thanks to DEVxDAO. Users of the Casper network are able to vote on which projects receive token grants by qualifying for financial assistance. 

DEVxDAO was the result of a partnership between Casper and the Swiss group, the Emergency Technology Association. The goal is to help to onboard promising developers, plus other figures such as researchers and scientists, seeking funding to deliver new decentralised infrastructure projects. 

## Is Casper The Future?

Fans of Casper and its native crypto CSPR argue that it is driving blockchain adoption within the business sector. 

The popularity of Casper with developers shows that there is a demand for providing businesses not yet engaged with blockchain to access 'turnkey' solutions to allow integration. Casper enables this, offering businesses greater efficiency and security. 

Casper has carved out a leading role in this niche market, one that is potentially very valuable and likely to see increasing demand. 

Is CSPR changing blockchain? 

Apes crypto, aka ApeCoin (APE), is "for the Web3 economy". Web3 unlocks a plethora of opportunities for different user classes. Of course, decentralised finance (DeFi) is at the heart of Web3, and so is culture. Yes, you read that right. The NFT space (art) is projected to generate revenue of [roughly $3.50B in 2023](https://codeless.co/nft-statistics/) alone. 

Gaming finance (GameFi), entertainment, and events are on the rise as well. Culture has indeed "found new expression in Web3" and the possibilities are endless. Let us explore these cultural facets further. 

NFTs unlock a whole new mode of artistic expression, with authentic ownership attached to your pieces of art and the genuine possibility of attaching creative layers to your artwork (such as music and stunning visual effects) through NFT and blockchain technology. 

The GameFi market is expected to [reach $38B in 2028](https://www.businessresearchinsights.com/market-reports/gamefi-market-102420) and is a genuine game-changer for the gaming industry. The Play-to-Earn (P2E) gaming model has made earning money while playing games a realistic possibility. 

Of course, as a professional gamer, you can stream your gameplay, participate in gaming contests, and potentially acquire sponsors to make a career in gaming - GameFi makes it possible for ANYONE to earn while playing games - you need not be a professional gamer to partake and win rewards in GameFi. 

Entertainment and events, too, have been on the rise and are well-represented by the NFT community in particular. Dozens of entertainment-laced events [have taken place in 2023](https://www.splunk.com/en_us/blog/learn/blockchain-conferences-events.html) already, with several more set to place by the end of the year. 

## Web3 is for the culture. 

ApeCoin is a decentralised protocol layer that is on a mission to support the present and next wave of "community-led initiatives that drive culture forward into the Metaverse". Apes crypto (APE) is a token that is supporting this initiative. 

![apecoin website screenshot with APE logo](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_08_29_at_16_35_19_73c310e9c0.png)

## What is the APE Foundation? 

The APE Foundation looks after the ApeCoin decentralised protocol layer. It serves as the base layer upon which Apes crypto holders in the ApeCoin DAO can BUIDL. APE Foundation enables community-led governance and administers the decisions of the DAO. 

Responsibilities of the foundation include project management, bookkeeping, day-to-day administration, and all other tasks that ascertain the ApeCoin DAO community’s ideas are supported. 

In a nutshell, the [APE Foundation](/news/article/prime-ape-planet-nft) stewards the growth and development of the Apes crypto ecosystem inclusively and fairly. It makes use of the Ecosystem Fund (controlled by a multisig wallet) as directed by the ApeCoin DAO to pay all relevant expenses. 

It also provides a nurturing infrastructure for Apes crypto holders to collaborate through permissionless and open governance procedures. 

## What is the ApeCoin DAO? 

By now, I am sure you have a pretty good idea about the functioning of the ApeCoin DAO. Decentralised governance is crucial to the healthy functioning of a globally dispersed community. The functionality of the ApeCoin DAO is instrumental to the ecosystem's success. 

At the time of writing, DAO membership is open to all Apes crypto holders. As a member of the DAO, you can make decisions related to partnerships, projects, governance rules, Ecosystem Fund allocations, and much more! For an in-depth understanding of the ApeCoin DAO, visit the [ApeCoin DAO Governance section](https://apecoin.com/governance). 

## What is the Apes crypto board? 

The ApeCoin Board is a special council on the foundation that administers DAO proposals at the behest of DAO members and serves the community's vision. Mind you, not all DAO proposals require administrative review. Only those proposals that require review as per ApeCoin DAO rules are looked at by the board. 

The initial Board member term is six months, after which DAO members vote annually on board members. At the time of writing, below are the [members of the board](/news/article/bored-ape-nft). 

![apecoin website showing boredape nfts](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_08_29_at_16_35_26_a9e0d612f3.png)

## Apes crypto price prediction 2023 

Apes crypto is an ERC-20 utility and governance token that holds a crucial role in the ApeCoin ecosystem. The total token supply of the cryptocurrency is fixed at 1B tokens. Here are some of its utilities: 

- ApeCoin is the governance token of the ecosystem. It allows APE holders to participate in DAO activities. 
- APE is the ecosystem’s utility token as well. It is a shared currency that can be used by all ecosystem members in a decentralised manner. 
- Apes crypto provides exclusive access to services, events, merchandise, and games. 
- APE also serves as a tool to incentivise participation in projects, games, and services. 

It is clear that APE is multi-faceted and an integral part of the ApeCoin ecosystem. 

As per CoinGecko statistics, the current price at the time of writing of APE is $1.49. The cryptocurrency has a market cap of well over $500M, a 24-hour trading volume of more than $77M, and a circulating supply of over 1/3rd of its total supply. 

ApeCoin is a fascinating, community-led project with a lot of potential. In fact, the crypto’s potential is sky-high if we are talking about its [2023 price prediction](/news/article/ape-coin-price). The crypto asset achieved an ATH of $26.70 on 28 April, 2022, and it could end the year in the $2-3 region. 

You must DYOR research at all times. This is NOT financial advice. Happy APE'ing! 


apecoin logo on image of ape climbing in a tree

What is Apes crypto and the APE price prediction 2023? 