Filecoin and Starket are two coins in the crypto news headlines today, FIL for its stellar performance over the past few days and Starknet for its trading debut after a much anticipated airdrop distribution. Another project creating huge waves in the cryptocurrency industry is Bitcoin Dogs.
With its presale surpassing the $3 million milestone, this project is quickly cementing analyst projections that its one of the best crypto to buy today. Here’s more.
Filecoin outperforms peers amid Solana integration
Among the top gainers in the past 24 hours, Filecoin reached prices near $8 to see it trade at levels last seen in early January. With the price up more than 10% in 24 hours and 40% this past week, FIL is one of the altcoins seeking a significant bounce ahead of the potential market run in the second half of the year.
With its recent integration with Solana to bolster access to the SOL blockchain network’s block history, Filecoin has gained fresh traction for its decentralized cloud storage protocol. Notably, Filecoin has also integrated with Pyth Network’s Data Feeds, a development that makes the decentralized data storage marketplace more appealing to users.
The surge in interest around AI tokens is also a key reason for FIL price soaring in the past few days. An overall spike in activity in the space could spark more demand for the protocol. In coming months, FIL bulls could tap into the overall market outlook to target a breakout above $10. However, the all-time high of $236 remains a long way off.
Starknet begins trading on major exchanges
Starknet (STRK) is an Ethereum layer-2 scaling protocol whose native token went live on crypto exchanges on February 20. This follows the Starknet Foundation’s launch of the token’s distribution to early ecosystem users and other eligible wallets. In total, the airdrop targeted 1.3 million wallets in this first phase, with over 700 million STRK allocated to the program.
As users got the STRK tokens, some chose cash in and thus injected downward pressure. Indeed, STRK traded to highs of $7 after making its debut on Binance. However, it is currently hovering around $2.20 across major exchanges. Data on CoinGecko shows STRK is down 49% from the average high of $4.41.
Bitcoin Dogs shines as presale surpasses $3 million mark
While the overall crypto market sees a lull amid Bitcoin’s continued hovering in the $52k region, Bitcoin Dogs, a project tapping into the Bitcoin ecosystem, is taking the market by storm.
The play-to-earn gaming and NFT project is the first ICO on Bitcoin and interest in what it offers has seen unprecedented interest in the native $0DOG. Launched on February 14, the Bitcoin Dogs ICO broke the first milestone of $1 million in less than 24 hours. Less than a week into the presale, early adopters eyeing the future of BRC-20 tokens have allocated more than $3 million.
From $0.015, the price of $0DOG has increased to $0.0198, giving stage 1 participants an early glimpse of what potentially awaits when the ICO ends on March 15 and the tokens list on exchanges. If you are looking to join the Bitcoin Dogs presale, a good place to start your due diligence is the whitepaper. Joining the growing $0DOG community on social media could also be a great way to keep tabs on the project.
However, as the presale lasts for only 30 days and presale prices increase every 72 hours, these early stages might offer the best opportunity to get positioned.
You can check out this project’s tokenomics, roadmap and team here.
