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Tag: investment

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Crypto trader profits $9M in 3 days, hits 3,000x return on investment

The unknown crypto trader invested only $3,000 into a new Solana-based memecoin before its price rally. A savvy cryptocurrency trader profited more than $9 million on his initial altcoin investment, showcasing the potential of memecoin trading. The trader made a 3,000-fold return on his investment in the Solana-based Numogram (GNON) token, a low-market capitalization memecoin…
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Fetch.ai announces GPU rewards for tokenholders after $100M infrastructure investment

The incentive program will be available to FET stakers starting March 7. Crypto artificial intelligence project Fetch.ai, built on Cosmos, is allocating $100 million to an infrastructure program, dubbed Fetch Compute, that will expand the tools, computing power and training capabilities of developers alongside providing GPU credits for its users. According to the March 5…
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Elon Musk denies $500M investment in xAI amid valuation talks

Musk and financial backers apparently plan to settle terms before long, with progressing conversations about the chance of acquiring processing power close by or rather than xAI value shares. Elon Musk has denied the exactness of a report guaranteeing his computerized reasoning (man-made intelligence) organization, xAI, got $500 million of a $1 billion objective from…
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VanEck Ethereum Strategy ETF Now Launched To Expand Investment Possibilities

Central issues: VanEck Ethereum Technique ETF was sent off for exchanging, offering a remarkable venture an open door. EFUT goes for the gold through Ethereum prospects on the Chicago Commercial Trade. VanEck promises to give 10% of EFUT benefits to Ethereum center designers throughout the following 10 years. In a recent announcement, asset management company…
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The CEO of Binance stops following Elon Musk on Twitter, but a $500 million investment is still secure

Key Points: Elon Musk’s unfollowing of Binance CEO on Twitter sparked speculation. The $500 million investment that Binance made in Twitter has not changed. Zhao intends to bring online entertainment and web3 together to expand the utilization and reception of crypto and blockchain innovation. According to Big Crypto Alert, Changpeng Zhao, CEO of Binance, has…
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