Crypto Market is in the Green Zone, Here's the Condition of 5 Major Tokens!

 

Most crypto tokens are experiencing price increases today. How are the 5 major crypto tokens doing? Are they also experiencing increases?

October is known as an exciting month for the crypto community due to its #Uptober tradition. This year, it is predicted that #Uptober will come in mid-October. And today, it is proven that the crypto ecosystem is in the green zone with the majority of tokens experiencing price increases.

In this article, we will discuss the condition of the 5 major tokens in the crypto ecosystem, namely Bitcoin, XRP, Solana, Ethereum, and USDT. These five tokens are often a guide to conditions in market crypto. Because, when the five experience an increase or decrease, it will definitely have an impact on other tokens.

Price Increase for 5 Major Tokens

The crypto community is experiencing excitement today because major tokens in the crypto market are experiencing price increases. Starting from Bitcoin, XRP, Ethereum, Solana, to Tether USDT, their prices have increased and reached their respective target price levels.

Bitcoin today is at the $65,000 level Moreover, it was even traded at more than $66,000 as its highest price in 24 hours. This increase is a breath of fresh air because Bitcoin experienced a price decline for quite a long time after its halving moment.

Ethereum, which is always seen as pessimistic because its price continues to fall, today also experienced a price increase of 2.11% and is now trading at $2,596.

Solana may only see a 0.26% gain. However, the SOL token price currently exceeded its resistance price of $148,500 and is now trading at $153.39.

XRP also increased by a similar percentage to Solana, namely 0.26% and is now at $0.541. USDT experienced the smallest price increase, namely only 0.03% and was trading at $1.00.

Rising Crypto Market Prices Sign of the Coming of #Uptober?

Many analysts predict #Uptober 2024 will come in mid-October after two weeks of stagnant crypto tokens at boring prices. With the increase in 5 major tokens today, it seems that this prediction is true.

Historically, #Uptober has never come directly at the beginning of October. In general, #Uptober only arrives in mid-October or even arrives in November. However, optimistically, the crypto market increase always comes in Q4 every year.

Several major crypto tokens have passed their resistance prices. If these prices persist long enough, a bullish trend for each token is bound to occur. If a major token experiences a bullish moment, it is not uncommon for other tokens to also be affected and experience increases as well.

Conclusion

That is an explanation of today's crypto market conditions. You can continue to follow developments in information about the crypto ecosystem, starting from finding out Ethereum price, Bitcoin, XRP, Solana, USDT and various other meme-coins and tokens, Bitrue provides real time data for you.

You can even check price conversions from BTC, ETH, XRP, SOL, etc. from USDT to USD easily on the Bitrue website. The Bitrue blog also provides the latest information through articles written in real time, so you can follow crypto market conditions every day.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

IDDB Officially Becomes the Pioneer of the First Tokenization Project in Indonesia to Receive Approval from the OJK Sandbox

PT Sejahtera Bersama Nano (SBN) has officially made history by becoming the first token issuer in Indonesia to receive approval from the Financial Services Authority (OJK) for a crypto asset tokenization project with underlying government bonds. The ID Digital Bonds (IDDB) issued by SBN have officially become the first government bond tokenization project listed in the OJK Sandbox, based on approval letter No. S-514/IK.01/2024 dated October 8, 2024.

This project is an innovative step to digitize bond instruments using blockchain technology. The tokenization project allows bonds, which typically have a high initial purchase requirement, to be split into crypto assets that can be widely traded through digital platforms. This expands access for both retail and institutional investors to invest in government bonds more easily.

According to a report from Boston Consulting Group (BCG), the market value of tokenized assets, including bonds, is projected to increase significantly in the coming years. The report states that the global real-world asset tokenization market is expected to grow to a total value of over $16 trillion by 2030, encompassing bond, property, and equity tokenization. Tokenization technology broadens access for retail and institutional investors, enhances efficiency and transparency, and reduces asset trading costs.

Gumarus Dharmawan William, Chief Executive Officer of PT Sejahtera Bersama Nano (SBN), stated, “This is a significant step for Indonesia. The OJK has made history as the first financial regulator in Indonesia and even Southeast Asia to allow the implementation of a government bond tokenization project. PT Sejahtera Bersama Nano, through its product, ID Digital Bonds (IDDB), has now officially entered the OJK sandbox and become a pioneer in Indonesia with INDON34 bonds as the underlying asset.”

Previously, the INDON34 bond series denominated in US dollars could only be accessed by investors with a minimum purchase of $200,000 (approximately 3.1 billion Rupiah). With tokenization through IDDB, access to this instrument becomes broader, with a minimum purchase of only $1,000 (approximately 15.5 million rupiah) per token, making IDDB tokens more inclusive for investors from various segments of society.

“The tokenization innovation we present with IDDB is a strategic step to bring change to the bond market in Indonesia. We are proud to collaborate in creating this product, which is expected to increase capital inflow into the country and support Indonesia's economic growth,” said Billy Surya Jaya, President Director of Nanovest.

Over the next 12 months, IDDB will undergo a testing phase in the OJK Sandbox before receiving full regulation. This project is the result of collaboration between SBN as the token issuer, Nanovest as an Indonesian crypto exchange with a current license as a prospective physical crypto asset trader (CPFAK), STAR Asset Management as the investment manager partner, and Bank Sinarmas as the custodian.

Hanif Mantiq, Director of Star Asset Management, acting as the investment manager partner in this project, said, “This tokenization innovation proves that crypto and government bonds can harmoniously synergize, offering safer and more affordable investment options. Crypto investors now have the opportunity to invest in government bonds with the same ease as when they invest in crypto assets. This emphasizes that although crypto investment is becoming more popular, government bonds remain relevant and attractive to young investors.”

This tokenization project not only aims to modernize Indonesia’s capital market but also seeks to increase financial inclusion, opening opportunities for more investors, both domestic and international, to participate in financial instruments in Indonesia. For more information about ID Digital Bonds and the development of this project, visit https://www.iddb.finance/id.

About NANOVEST

About SBN (PT Sejahtera Bersama Nano)

ID Digital Bonds - IDDB (PT Sejahtera Bersama Nano) is a developer of innovation and adoption of blockchain technology by prioritizing transparency and security. PT Sejahtera Bersama Nano is developing real-world asset tokenization in the form of IDDB tokens (ID Digital Bonds) as one of the innovations in implementing blockchain.

About Nanovest (PT Tumbuh Bersama Nano)

Nanovest (PT Grow Together Nano) is an application-based platform that makes it easier for customers or users to make digital asset transactions, including US stocks, crypto assets, and digital gold. We aim to revolutionize the way young people invest to achieve their financial freedom. We are officially registered with the Commodity Futures Trading Supervisory Agency (BAPPEBTI).

This press release has also been published on VRITIMES

The Evolution of Media: The Role of Audience Engagement in Content Creation

Over time the way we create media has changed a lot. Today it’s all about connecting with the audience when coming up with media plans. In this era recognizing the role of audience participation is key to making content that sticks with people. This article delves into the importance of engaging the audience in content creation and how it can enhance the effectiveness and significance of media.

The Shift Towards Interactive Content

The way we consume media has changed over time. Instead of just watching or reading we now have the opportunity to engage with content in a more interactive and participatory way. Viewers are no longer limited to being passive recipients of content; they can actively take part by creating their own content and expressing their thoughts. Interactive features like polls, quizzes, streams and user generated content encourage people to interact directly with the media they enjoy. This not boosts engagement levels but also strengthens the connection between viewers and the material. This shift not enriches the experience but also fosters a sense of community and involvement, among audiences.

Gaining insights into audience preferences and feedback.

Connecting with your audience goes beyond just building a bond. It also gives you valuable feedback on what they enjoy and think. Content creators can get a sense of what strikes a chord with their viewers by keeping an eye on comments, reactions and interactions. This approach enables them to tailor their content to better suit the tastes and needs of their audience. For instance platforms offer insights into engagement patterns assisting creators in fine tuning their content approaches and enhancing their overall effectiveness.

The Impact of Personalization

Connecting with your audience on a personal level is key to building a strong relationship. Content creators can leverage data and feedback from interactions to customize their offerings to match audience preferences. Personalized content not enhances satisfaction but also fosters loyalty by aligning with the distinct interests and behaviors of the viewers. A prime example of this is how Netflix and Spotify use algorithms to suggest content based on users previous choices making the experience more immersive and tailored. This degree of personalization not boosts engagement but also results in higher retention rates.

Building Connections With The Audience

Engaging with your audience helps build stronger connections and trust. When content creators reply to comments, join in conversations and show appreciation for feedback it demonstrates that they care about their viewers thoughts and input. This kind of interaction fosters a community of supporters who are more inclined to endorse and share the creators content. Nurturing these relationships can lead to more recommendations growth and a dedicated audience.

Fueling Content Creation and Support

When audiences get involved it can lead to the creation of content where people share their own material related to a brand or media. This includes things like reviews, testimonials and creative contributions that not enrich the content landscape but also serve as genuine endorsements from real users. Encouraging and utilizing UGC can boost a brands credibility and expand its reach since users often share their content with their networks. This type of promotion can be a powerful tool for creators and brands looking to spread their message. Engaging with the audience helps keep content timely and relevant. By staying in tune with trends, issues and audience preferences creators can craft material that aligns with the happenings and discussions. Covering events and promptly reacting to trending topics allow creators to tap into the moment and address what matters most to their audience at any given time. This responsiveness not only enhances the relevance of the content but also strengthens its overall impact.

To boost audience involvement it’s important to regularly assess and enhance participation tactics. Metrics like engagement rates, click through rates and conversion statistics offer insights into how well content strategies are working. By examining these data points creators can pinpoint areas for improvement, experiment with methods and fine tune their approaches to achieve better results. This ongoing process ensures that engagement initiatives are in line with objectives and deliver outcomes.

Conclusion

In today’s media environment, it’s important for creators to grab the attention of their audience when making content. They can do this by adding appealing elements, understanding what the audience likes, personalizing experiences, and building connections. By doing so content creators can boost their impact and reach a wider audience. Engaging with the audience not only encourages participation but also builds trust, loyalty, and support. In a changing media landscape focusing on audience interaction will continue to be vital, for creating content that strikes a chord with viewers’ ever-changing preferences.

Coach Boost Gio

About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro to macro-sized businesses market their services through effective digital marketing strategies- tailored for their brands.

This press release has also been published on VRITIMES

Ripple Swell 2024 Begins, Give Positive Impact on XRP Price?

Ripple Swell 2024 has begun. This annual event will discuss various things about crypto, blockchain, and existing crypto regulations. How will Ripple Swell affect the price of XRP?

Ripple Swell 2024 has started on October 15. For two days, Ripple will hold a conference to discuss crypto, blockchain, and investment regulations.

Then, how will the Ripple Swell 2024 affect XRP price? Will it provide a positive trigger so that the price of the token rises? Check out the detailed explanation below.

Ripple Swell 2024's Highlights

Ripple Swell 2024 is Ripple's annual event. This year was the eighth year of the Ripple Swell event which was held in Miami on October 15-16 2024. There were more than 600 participants from more than 40 countries attending.

At Ripple's annual conference this year, several great speakers will appear, from Andrienne Harris who is Head of Financial Services in New York to Tim McCourt as senior managing director of Chicago-based CME Group.

Ripple Swell 2024 opened with a chat about regulations and the crypto landscape in America. In this session, discussions about court cases that are often carried out by the SEC are of course also carried out. Discussions about stablecoins have not gone unnoticed, especially since Ripple also has plans to issue its stablecoin.

For the second day, discussions will revolve around leadership influencing the crypto market. The leadership in question is of course the arrangement of a state leader who also discusses the current general elections in America.

America as a country that is often a center for investment, including crypto, its leadership is certainly in the spotlight. Because, of this leader, new regulations will be created which could later have a positive or negative impact on the crypto market.

Effect of Ripple Swell on XRP Price

XRP token holders are eagerly awaiting this Ripple Swell event. Because, at this event, Ripple will also make announcements that often have a good impact on XRP token holders. So, don't be surprised if the price of XRP can increase when this event takes place.

However, unfortunately, when this article was written on the first day of Ripple Swell 2024, the price of XRP decreased by -0.08%. Currently, XRP is trading at $0.5406.

Even though it has experienced a decline, the RSI value of XRP is still above 50, which means the buying trend is still slightly more dominant than the selling trend. The MACD line for this token is still above the existing limit line. 

It is believed that the percentage decrease in the price of XRP that is less than 1% will not last long and could cause the price to bounce up.

When Will the RLUSD Stablecoin Launch?

Ripple Swell 2024 is also an event where the Ripple community collects the latest information regarding the launch of the RLUSD stablecoin. RLUSD is predicted to be a strong stablecoin because it focuses on regulations under the New York Trust Company Charter with its very strict supervision.

RLUSD has been testing on the XRP ledger and Ethereum mainnet since August 9.

Ripple claims that there will be a third-party audit of cash assets in every monthly report published so that there will be strong transparency and accountability.

Until the time this article was written, Ripple had not made an official announcement when RLUSD would be launched.

Conclusion

In general, the opening of the Ripple Swell 2024 event has not had a significant influence on the price of XRP the price has decreased. However, optimism for an increase in XRP prices remains, especially since October always provides a positive signal for the crypto market.

For those of you who are currently doing research before buying XRP, you can make maximum use of Bitrue's features. You can check XRP price in real-time, knowing the price conversion XRP to USD easily, to follow the development of information on the Ripple project as a whole from time to time on the Bitrue blog.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Bookshelf PH launches online magazine Blankscape, a curated gallery for writers and artists

  

At an event held in SM Aura Book Nook, Bookshelf PH launched Blankscape an online digital magazine that gives writers and artists a platform to share their work with the world.

In the endless concrete jungles of Metro Manila, feeling overwhelmed and lost is easy. From towering buildings to the multitudes who live and work here, the individual has little room to really express themselves.

Even on social media, these spaces are becoming increasingly crowded. Algorithms and the focus on popular and trending content frequently drown out the voices of original content and small artists. More than ever, there is a pressing need for a place where these Filipino creators can have their works given the proper attention they deserve.

Fortunately, a new initiative aims to change all of this.

New worlds calling

At the latest “Write Side of Bookshelf” session at the SM Aura Book Nook, publisher Bookshelf PH officially unveiled their new digital magazine Blankscape. The magazine aims to be a safe place where creators can have their works presented and even polished to be the very best they can be.

The magazine is divided into different sections for paintings (Strokes), poetry (Stanzas), prose (Sentences), and photography (Shots), catering to all forms of creative and artistic expression possible.

The name Blankscape, a play on the words “blank space” and “landscape”, represents something more profound. It represents an empty canvas, a world waiting to be given life and color. Through this initiative, the publisher hopes to foster creativity and artistic expression by providing creatives a safe space to develop their craft, one page at a time.

The joys of creation

To celebrate the launch of the new platform, attendees participated in a very special activity.  Using provided pencils and paper, they were given ten minutes to express themselves and create works based on the theme, “Escape”. This theme perfectly represents the type of creative expression that Blankscape wishes to cultivate–that anyone can find safety from the constant restraints and overbearing noise of the outside world and the mainstream and be free to develop their ideas.

After the ten minutes were up, several of the participants showcased their works. One of them, for instance, interpreted the theme in the drawing of a child lost in the pages of a book, his imagination taking him to new places and faces never before seen.

Behind the dream

“I can’t draw to save my life,” Monette, one of the co-founders of Bookshelf, jokingly said to the audience. “But even though I can’t draw, I still want to help others who can. Among us, many can write and draw.” Bookshelf PH itself was created to help meet a pressing need she noticed during the pandemic–a lack of books about Filipino businesses and local stories. Over time, the publisher has expanded its reach beyond its original scope.

Now, they wish to do the same for Filipino creatives. They too deserve a place where they can explore and spread their wings in an environment suited perfectly for free and total creative expression–a blankscape.

Come and bring your work today! Blankscape is now accepting submissions at https://www.blankscape.media/.

About Bookshelf PH

Bookshelf PH is an online marketplace, publisher, and printer dedicated to promoting and printing books in non-fiction and fiction for the Filipino audience.. Through workshops, publishing services, and community engagement, Bookshelf PH aims to make self-publishing accessible and enjoyable for all aspiring authors.

This Press Release has also been published on VRITIMES

Bitcoin Price Hits $65,000, Effects of #Uptober?

Bitcoin price is up and reaching over $65,000. Is this increase because #Uptober is coming or is it just a coincidence and BTC price will go down again tomorrow? Check out the explanation in this article.

Yesterday, Bitcoin received a prediction that its price would increase, today this prediction came true. Bitcoin Price rose to a level of more than $65,000 today.

Is it true that the increase in BTC prices is because #Uptober has come as predicted? Or will this price increase only last today and will decline again tomorrow?

Check out the detailed explanation by reading this article to the end.

Bitcoin Price Chart Today

After Bitcoin experienced a continuous decline in price for a long time, today Bitcoin finally penetrated the $65,710 level with an increase of +2.46%. In fact, within 24 hours, Bitcoin reached its highest price of $66,499.

You can see a screenshot of the Bitcoin price chart above taken from the Bitrue market. The BTC RSI indicator reached 65, which is a good number in the buying trend because it is more dominant than the selling trend. However, this dominance is still within reasonable limits, not overbought.

The MACD line is clearly visible rising. The two lines also have a clear distance so that the bullish trend will come soon.

So, we can be optimistic that today's Bitcoin price increase is the beginning of BTC's bullishness until the end of 2024. In fact, it is predicted that it will experience a price increase until 2025 based on its performance cycle in the last 4 years.

Bitcoin Dominance in the Crypto Market

Bitcoin has indeed become the dominant coin in the crypto market. With today's price increase, BTC dominance is at 58.04. This dominance figure is indeed relatively high, but has decreased by 0.06%.

The price of Bitcoin is like the price of other crypto tokens which experience price fluctuations every day. However, it cannot be denied that Bitcoin has had a fantastic price increase since its first appearance.

Larry Fink, CEO of Blackrock, even stated that Bitcoin could be considered a quality investment asset that could compete with gold.

Bitcoin, which has penetrated the investment stock market, is also increasingly recording major achievements. Bitcoin ETF inflows reached $23 billion and are predicted to continue experiencing significant growth in the future.

Conclusion: the Rising of BTC Price and #Uptober Optimism

#Uptober 2024 seems to be weakening in its presence. Moreover, there are many factors that make the arrival of this annual tradition seem late or even absent this year. However, today's Bitcoin price increase is good news and makes the crypto community optimistic about the presence of #Uptober.

#Uptober is predicted to come in mid-October around October 17/18. If the price of Bitcoin remains at $65,500, it means that #Uptober has really come.

For those of you who want to know about #Uptober developments, Bitcoin prices, and the condition of other coins in the crypto ecosystem, the Bitrue website is the answer. You can access the Bitrue website every day wherever you are for free.

Do a price check BTC to USD, BTC to USDT, and against the prices of other crypto tokens as a comparison. You can easily use all the features on Bitrue to do independent research before deciding to buy BTC coins or other crypto tokens.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Whales Bought Millions of Tokens, Will XRP Price Increase in the Upcoming Week?

  

In the past few days, many big investors (whales) have bought XRP tokens. Is this a sign that the XRP price will soon be bullish in the upcoming week? Here is the analysis.

XRP tokens seem to be selling well among whales in the last few days. Many whales are buying up large amounts of XRP coins. Because of this activity, many predictions that XRP price could experience an increase in the following week.

Is that true? Read this article until the end. We will explain in detail the current condition of the XRP price and the movements of large investors in the XRP ecosystem.

Emergence of the New Whale XRP

In the data written in on-chain data, it is stated that there were large-scale transactions of XRP tokens. A total of 104 million XRP tokens with a value of more than $55 million were moved.

Unfortunately, the whale's identity has not been traced so the Whale Alert blockchain tracking tool only shows the amount of XRP tokens moved. This activity automatically creates a new whale for the XRP token.

XRP Price Chart Today

Today's XRP price increased by +1.21% so it is currently trading at $0.5398. In the last 24 hours, XRP was at its highest price level, namely $0.5418.

The indicators in the XRP price chart above show positive signs, starting from RSI, and MACD, to Balance of Power or BoP.

The current RSI value of XRP is 56.95, which means the buying trend is more dominant than the selling trend. This is similar to the data in the BoP figures where it is currently at positive 0.37 so the market is dominated by a buying trend with conditions that could be bullish in the near future.

The MACD line also shows a bullish possibility because it rises from the existing boundary line.

Could XRP Get Bullish in the Near Future?

If you look at the technical analysis above, XRP has a positive bullish possibility in the near future. Moreover, the prediction of #Uptober will also be coming soon in mid-October so the price of XRP can also experience an optimistic increase, like other crypto tokens.

However, the fluctuating nature of crypto prices can also make the XRP graph conditions go the other way. You can check the XRP price in real-time on the Bitrue website to find out the condition of this token according to your needs.

Conclusion

That is an explanation of XRP price analysis by looking at how whales have moved in the last few days. Many whales are buying up XRP tokens in large quantities, which means that the XRP ecosystem is increasingly being discussed with many investors HODLing this token.

For those of you who are also interested in buy XRP tokens, don't just buy without doing research. Please do your own research (DYOR) so that you can carry out the right analysis according to your personal investment needs.

Doing research is very easy when you use the features provided by Bitrue. Real-time price checking feature from XRP to USD You can do it easily without changing websites. Also, find out about the various projects being carried out in the XRP ecosystem by reading articles on the Bitrue blog.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES

Solana Will Soon Reach Level $210, Here Are 3 Proofs

  

Is it true that Solana price will soon reach the $210 level? Check out the analysis in this article because it will explain in detail why Solana could experience an increase in the near future.

Solana has received positive news recently, ranging from an increase in the number of users to the potential for a price increase of hundreds of times. In this article, you will find out that the potential Solana price rise at $210 is true for five reasons that will be discussed.

Check out this article to find out exactly what Solana will look like in the future.

1. Solana Crosses Resistance Level

Solana is predicted to reach the $210 level no later than 2025. One of the conditions for Solana to reach this price is if SOL can pass the resistance level at $148.16.

And surprisingly, Solana can easily reach this resistance level. When this article was written on October 14, the SOL price was trading at $152.92, surpassing the price target of $210.

You can see, several indicators in Solana price chart The above also shows the positive side. SOL's RSI is at 72, far exceeding 50 as the balance limit for buying and selling trends. However, this figure is a sign that Solana is in a phase that is prone to over-buying.

Solana's MACD shows a rise from the boundary line. If it continues like this, Solana's bullish trend will occur. Moreover, the value of the BoP figure is also close to positive with a value of -0.11, which means that although the selling market still dominates compared to the buying market, it will soon be at a positive figure. So, the bullish trend is also optimistic from the existing BoP data.

2. Solana has 100M Active Wallets

Recently, active wallets on Solana reached 100 million users. This number is of course a big achievement for Solana because previously, at the beginning of 2024, the number was only 509,000 active wallets and now it has increased many times.

However, unfortunately, as quoted from Solana Hello Moon, a number of wallets actually have empty balances. The number of empty wallets is not small, but 86 million users. In fact, 15.5 million users only have 1 SOL in their wallets and 1.5 million wallets only have 10 Solana tokens.

Even though many wallets were empty, Solana also saw an increase in active addresses on its network. From the initial number of 3 million active addresses, it increased by 15% and became 3.47 million.

This increase in active addresses indicates that Solana has increasingly strong fundamentals so more investors trust Solana.

3. Popularity of Memecoin in the Solana Ecosystem

Recently, various new meme coins have emerged from the TON network with the Telegram game concept. Despite this, the popularity of meme coins on the Solana network remains superior.

Quoted from Dune Analytics data, Pump.fun, one of the meme coins on Solana, even achieved cumulative revenue of up to $127.8 million. This figure is of course very large.

Conclusion: from #Uptober to Trump's Popularity for Solana

October is always a good month for Solana. This is why Solana token holders are optimistic that SOL will experience a significant price increase shortly.

Not only that, Solana is also predicted to experience a price jump of up to 400x if Donald Trump is elected president of the United States in the next period. This is because Trump's policy of supporting crypto is analyzed as being more likely to benefit Solana. If this happens, Solana could outperform Bitcoin and Ethereum.

If you are interested in buying Solana tokens, don't just buy the token without doing some research. Find out what the current condition of Solana is, the price of SOL to USD, to thoroughly study the fundamentals of this token. That way, you can know what the risks are when investing in this token.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES

Ready or Not, Southeast Asia's Growth is Coming: AI, Health, and Sustainability Edition

  

Southeast Asia's digital economy is on track to surpass $1 trillion by 2030, posing both opportunities and challenges for businesses in AI, health, and sustainability. In this discussion, Kailash Raghuwanshi, a seasoned business strategist, shares insights on how companies can navigate these sectors and turn obstacles into growth opportunities. With a decade of experience across Southeast Asia, Raghuwanshi emphasizes the need for strategic leadership in addressing these challenges

Southeast Asia is at a critical juncture. With its digital economy set to exceed $1 trillion by 2030, businesses across the region face unprecedented opportunities and challenges. From AI innovations to health sector reform, and the pressing need for sustainability, companies are navigating uncharted waters. But surviving and thriving in this fast-paced environment requires more than just innovation—it demands strategic leadership.

In an effort to understand more about the growth, complexities, and opportunities in Southeast Asia, we sat down with Kailash Raghuwanshi, a business strategist who has been deeply involved in the region’s growth and development. Known to many as "Kai," he has witnessed firsthand the challenges businesses face as the market evolves and presents new hurdles, from digital transformation to sustainability demands.

Kailash Raghuwanshi brings a decade-long experience across Southeast Asia, the US, and China. As a New York graduate, his expertise spans leading fintech ventures in Indonesia, managing high-impact joint ventures in Vietnam, and gaining valuable experience as a Director at a Shanghai-based public health venture backed by the Gates Foundation. Kailash’s expertise spans multiple sectors. His ability to guide businesses through growth and change is informed by deep regional knowledge and hands-on leadership experience.

Question: What’s the biggest challenge for businesses in Southeast Asia today?

Kailash: It’s a blend of talent shortages, regulatory hurdles, and climate risk. Indonesia faces a shortage of 600,000 tech professionals annually, while Singapore needs to boost its digital talent pool by 55% by 2025. Climate change adds another layer of complexity, with 25% of the population vulnerable to flooding and other climate disasters. Companies need to be agile and have strong leadership to navigate these intersecting challenges.

Question: AI is a hot topic everywhere. How can businesses start integrating it?

Kailash: AI has the potential to revolutionize industries, but the key is starting small. 35% of businesses in Southeast Asia are already using AI to optimize operations, but those just beginning should focus on areas where AI can make an immediate impact—like streamlining logistics or using predictive analytics to anticipate consumer behavior. Once they see results, scaling AI becomes easier.

Question: As you have worked in health ventures, What are some of the biggest health challenges in Southeast Asia, and how do sustainability and waste management factor into them?

Kailash: Health challenges in Southeast Asia are complex, with 46% of the population lacking access to essential services. Sustainability plays a crucial role in addressing these issues—especially when it comes to waste management in healthcare. Improper waste disposal exacerbates public health risks and environmental degradation. Tackling these challenges requires innovative solutions, like using AI to manage resources efficiently, reducing waste, and ensuring healthcare services reach underserved populations. Businesses and governments need to collaborate to integrate sustainable practices into the health sector for long-term impact.

Question: Climate change is top of mind for everyone. What should businesses do to prepare?

Kailash: Climate resilience is no longer optional. It’s estimated that Southeast Asia’s GDP could drop by 11% by 2100 if we don’t act. Businesses need to integrate sustainability into their core strategies, using AI to predict climate risks, reducing carbon footprints, and building resilient supply chains. Companies that fail to take action now will find themselves behind the curve.

Question: What excites you the most about Southeast Asia’s future?

Kailash: The rapid transformation. By 2025, the region’s digital economy could account for 8.5% of GDP, and we’re seeing new opportunities in AI, health, and sustainability daily. Southeast Asia is uniquely positioned to leapfrog traditional development paths, adopting the latest technologies to drive growth and create solutions that can be exported globally.

A Path Forward: Navigating Growth in Southeast Asia

As Southeast Asia’s digital economy continues to accelerate, businesses face an exciting yet challenging future. Success will come to those who can balance innovation, sustainability, and adaptability. The region offers endless opportunities, but only for those ready to face the complexities head-on, with the right leadership in place.

About SEA innovation Hub (Fractional Hub)

SEA Innovation Hub is a freelance collective of thinkers, writers, and innovators focused on exploring and analyzing Southeast Asia's rapid growth. Established in 2023, the hub produces insightful interviews, articles, and discussions centered on key sectors such as AI, health, and sustainability. With a finger on the pulse of the region’s dynamic changes, SEA Innovation Hub seeks to foster meaningful dialogue on the future of Southeast Asia’s business and technological landscape.

This Press Release has also been published on VRITIMES

Collaboration to Boost Indonesian SMEs and Singaporean Businesses at TEI 2024

  

At the 2024 Trade Expo Indonesia (TEI), Kimming Yap, Managing Director of Creativeans, was one of the keynote speakers at the Indonesia-Singapore Business Forum. The forum aimed to bridge trade relations between the two countries through branding innovation and market expansion strategies.

The Ambassador of the Republic of Indonesia to Singapore, H.E Suryo Pratomo; Vice Minister of Trade of the Republic of Indonesia, Dr Jerry Sambuaga; and CEO of Singapore Manufacturing Federation (SMF), Mr. Dennis Mark, officially opened the forum, expressed support for strengthening trade relations between the two nations. In addition to presenting Indonesia’s economic outlook for the past five years and future projections, they emphasised the importance of cross-border collaboration in expanding Indonesian SME markets and supporting the entry of Singaporean businesses into Indonesia. The event was hosted by Yulia Saksen, while Edmund Ong, CEO of BridgifyAsia, moderated the panel discussion.

In addition to Kimming Yap, other key figures participated in the panel, including Jarius Draslaric, Chairman of the Lifestyle Industry Group (SMF), who discussed the importance of innovation and adaptation in the lifestyle industry for local products to compete internationally. Shoeb Kagda, Chairman of SingCham Indonesia, highlighted the bilateral trade opportunities and synergies between businesses from both countries. Christie Lumban Gaol, Vice President of Corporate Banking at Bank Mandiri, also participated, discussing the role of banking in supporting SME growth through financing and financial infrastructure.

During the discussion, Kimming Yap highlighted the enormous potential of Indonesian SMEs to thrive in the Singaporean market but stressed that the biggest challenge they face lies in branding and packaging. "While many Indonesian products are of high quality and ready to compete, they still need improvements in packaging and branding to be accepted in international markets," said Kimming Yap. Therefore, implementing the right branding strategies is crucial for Indonesian SMEs to compete on the global stage.

Furthermore, Kimming also discussed the vast opportunities for Singaporean companies in Indonesia’s rapidly growing market. "With strategic cooperation and understanding of local consumer behaviour, Singaporean businesses can take advantage of the opportunities to expand their markets in Indonesia," he explained. He also emphasised the importance of partnerships to address logistical and supply chain challenges often faced by local companies in both countries.

The forum was attended by stakeholders and business leaders from Indonesia and Singapore, who together explored opportunities to strengthen trade, build dynamic collaboration platforms, and facilitate dialogue between the two nations, which have shared diplomatic relations for 57 years. According to the latest data, bilateral trade has reached USD 31 billion, with USD 15.4 billion in direct investment from Singapore to Indonesia.

This strategic collaboration is expected to not only open up new market access but also increase the exposure of local products, making them more recognised on the international stage. The innovation mirrors the collaboration between Creativeans and BridgifyAsia, where the two work together to help Singaporean companies access the Indonesian market and vice versa. This partnership provides logistical ease, increased product exposure, and effective branding strategy planning for both parties.

Creativeans is an award-winning brand consultancy and venture studio that has collaborated with global companies based in Singapore, Jakarta, and Milan. With years of experience in international marketing, Creativeans remains committed to adding value to companies in Indonesia and Singapore, supporting their business growth to go international.

This Press Release has also been published on VRITIMES

Altcoins Get Negative Sentiment from the Crypto Community: Analysis of XRP, ETH, and Solana

Top Altcoin assets are getting negative sentiment from the crypto community. This article will explain the current conditions of XRP, Solana, and Ethereum. Read the explanation until the end whether all three have the potential to increase in price.

Santiment, a crypto analysis company, stated that the crypto community is currently giving negative sentiment toward Altcoins, especially their major assets. However, this provides an opportunity for several major assets to experience price increases. Is that true?

You can see the analysis of several coins, namely XRP, Solana, and Ethereum in this article. The analysis will take the form of reading the price chart at the time this article was written so that you can get additional data to consider before buying these tokens.

Current Crypto Market Conditions

According to data from Santiment, the top 20 Altcoins receiving negative sentiment are:

Currently, the crypto market is experiencing a decline in prices for the majority of its tokens. Large tokens, such as BTC, Solana, Ethereum, XRP, and USDT price are currently in the red zone.

The size of the price drop varies, from -0.03% to Solana's -3.19%. Of course, the reason for this price decline cannot be analyzed using just one indicator because there are many factors, ranging from global economic conditions, and conflicts between countries, to the most recent release of the HBO documentary about the revelation of the figure of Satoshi Nakamoto.

XRP: Potential to Break $12?

XRP Price today it is down by -1.03% so it is trading at $0.5251. Previously, XRP was at its highest price of $0.5345 in the last 24 hours.

XRP's RSI value is below 50 so the selling trend is more dominant than the buying trend. The MACD line is also seen declining. With this data, the decline in XRP prices is natural.

However, the macroeconomic waves that are predicted to occur make XRP look positive for price increases. In fact, XRP holders and the community hope that the price of this token can reach the $12 level.

This high target price could be achieved because currently, XRP is applying for a second XRP-based ETF in the United States. If this ETF is approved, it is likely that XRP will experience a drastic price increase.

Solana: Price Rises if Trump Wins

A giant global banking company, Standard Chartered, predicts that Solana will experience a price increase of up to 5 times by 2025.

This prediction will allow Solana to outperform BTC and ETFs for its total market capitalization. And this prediction could happen if Donald Trump is elected as president of the United States for the next period.

Standard Chartered predicts that by 2025, SOL will rise 5x, ETH will rise 4x, and BTC will rise 3x. This is because the Trump administration with its regulations supports Solana more than all existing crypto assets. 

At the moment, Solana price is experiencing a decline of -3.46% and is trading at $138.05. Even though the percentage decline in SOL is greater than other major assets, the RSI value of SOL is actually at 50.62, which means the buying and selling trends are balanced.

Even though the RSI value is still positive, Solana's MACD line has dropped quite low which predicts a bearish trend could occur in the near future.

Ethereum: ETH Price Rises if Vitalik Buterin Wins Nobel Prize?

Vitalik Buterin is predicted to win the Nobel prize on October 14 as a figure who innovated a new currency. Vitalin Buterin is known as a figure who can revive the blockchain ecosystem and encourage Ethereum as a competitor to Bitcoin.

If the founder of Ethereum really gets the Nobel, Ethereum price can rise because many investors are interested in this cryptocurrency.

Currently, Ethereum is experiencing negative sentiment because its price continues to fall. An increase in the price of ETH did occur, but it did not last long and then immediately decreased again. 

You can see from the price graph above, that ETH experienced a price decline of -2.17%. Currently, the price of Ethereum is $2,382 and was previously at a 24-hour high of $2,472.

Will Ethereum be free from negative sentiment and be able to penetrate the $2,600 level as crypto analysts predict?

Conclusion

That is an explanation of the current conditions of XRP, Solana, and Ethereum. For those of you who are interested in these three coins and want to do more in-depth research, you can check them on the Bitrue website.

You can use Bitrue features for free to check the price of crypto coins and keep up-to-date on the various projects in the crypto ecosystem.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

 

This Press Release has also been published on VRITIMES