Web 3.0 Ethiopia - DeFi & AI
700 subscribers
923 photos
21 videos
7 files
181 links
Bridging the Information Gap on DeFI and Artificial Intelligence for Ethiopians
Download Telegram
A Decline in Tether's Market Cap and subsequent market share?

Tether's (USDT) market cap has shown a slight decline over the last 24 hours. According to market data, Tether's market cap experienced a reduction of around $3 billion, reflecting some volatility in the stablecoin sector.

This adjustment comes in the context of broader market movements and regulatory changes, particularly with the EU's Markets in Crypto-Assets (MiCA) regulations impacting Tether's operations in Europe. These regulations have led to the delisting of USDT from several European exchanges due to compliance issues, which might have contributed to the observed decline in market cap.

@webthreeth
Elon Musk and the Alleged 'Pump and Dump' with CumRocket


Elon Musk has faced accusations of engaging in "pump and dump" schemes with cryptocurrencies, including CumRocket (CUMMIES), where his tweets have been correlated with dramatic price movements. For instance, his use of specific emojis led to a significant but temporary surge in CumRocket's value, followed by a decline, fitting the pattern of pump and dump schemes.

This pattern isn't isolated to CumRocket; Musk's statements on Bitcoin have also led to volatility, with critics accusing him of manipulating market prices for profit. Musk denies these allegations, emphasizing his genuine interest in cryptocurrencies and his commitment to sustainable practices. However, his actions have drawn regulatory scrutiny, notably from the SEC, following other controversial tweets, though not directly crypto-related. The debate on whether Musk's influence constitutes market manipulation or is merely a byproduct of his social media presence continues.

@webthreeth
Some key concepts behind Memecoin Trading - DexScreen Edition

PRICE USD: This indicates the current value of the token in US dollars

PRICE: This shows the price of the token in Solana (SOL), another cryptocurrency.

LIQUIDITY: Liquidity refers to how easily a token can be bought or sold in the market without affecting its price. Higher liquidity means there's more volume of buy and sell orders, making transactions smoother. The lock icon might suggest that this liquidity value is locked or guaranteed for a certain period.

FDV (Fully Diluted Valuation): FDV calculates the total value of all tokens that will ever exist, assuming they are all in circulation at the current price.

MKT CAP (Market Capitalization): Market Cap is the total value of all tokens that are currently in circulation, calculated by multiplying the current price by the circulating supply. In this case, it's also $184K, indicating all tokens might be in circulation or the fully diluted supply.

@webthreeth
Trending Memecoins - January Four

1. Persona (PERSAI): With a 24-hour market cap of $3.05 million and a peak increase of 1,073.22%, Persona tops the trending tokens list, drawing significant interest from traders due to its impressive growth.

2. Data Wormhole (ABYSS): Data Wormhole reached a peak surge of 904.56% within the last 24 hours, accompanied by a market cap of $1.71 million, making it one of the most active tokens of the day.

3. Tootcoin (TOOT): Tootcoin recorded a 24-hour market cap of $792.02K and a peak increase of 672.89%, solidifying its position among the top-performing tokens in today’s market.

4. XERRA (XERRA): XERRA saw a peak surge of 1,212.45% over the past 24 hours, with a market cap of $788.98K, attracting attention for its rapid climb in value.

@webthreeeth
2025 - The Year of AI Agents

AI agents refer to autonomous or semi-autonomous software programs that leverage artificial intelligence to perform tasks on behalf of users or other systems. These agents can perceive their environment through sensors or data inputs, reason about what they perceive, and then act upon those perceptions to achieve specific goals. They can range from simple bots executing predefined tasks to more complex entities capable of learning, adapting, and making decisions in dynamic environments.

In finance, they are used for real-time portfolio management, automated trading, and fraud detection, optimizing financial decisions with speed and precision. Supply chain operations benefit from AI agents tracking shipments, optimizing delivery routes, and reducing waste through predictive analytics. In customer service, AI agents manage inquiries, personalize customer interactions, and streamline support processes.

@webthreeth
Airdrop #9 - Kolo and Debit Card

Kolo introduces a seamless blend of cryptocurrency and traditional spending with its Crypto Card, set to launch in Q3 2024. This Mastercard-backed card allows users to spend their digital assets like BTC, ETH, LTC, USDT, and even meme coins such as PEPE at merchants worldwide. The integration with Apple Pay and Google Pay, following a quick KYC verification, makes it convenient for users to convert their crypto into local currency on-the-fly for transactions without incurring additional fees at the point of sale.

To boost engagement and adoption, Kolo has initiated various airdrop campaigns. These airdrops involve earning $KOLO points or tokens by completing tasks through Kolo's Telegram mini-app or by joining waiting lists. Participants can farm these points, which have utility within the Kolo ecosystem, including benefits like getting the Kolo Crypto Card.

@webthreeth
Trending Memecoins on Solana Network - January 5

1. PRIME: With a 24-hour market cap of $5.83 million, PRIME saw a peak increase of 60,330.30%, making it one of the top-performing tokens of the day.

2. Digital-Twin-70b (DT70B): Digital-Twin-70b recorded a peak surge of 30,769.28% in the last 24 hours, with a market cap of $2.72 million, reflecting strong market interest.

3. Chosen One (ONE): Chosen One reached a 24-hour peak increase of 785.02% and has a market cap of $950.55K, maintaining its position as a trending token.

4. DeSci AI Agent (DeSciAI): DeSci AI Agent achieved a peak surge of 411.37% within 24 hours, supported by a market cap of $1.95 million, indicating steady growth in the AI-driven token segment.

@webthreeth
Concept of the Day for Crypto Trading - Order Book

An order book is a digital ledger maintained by cryptocurrency exchanges that displays the real-time list of buy and sell orders for a specific asset, organized by price levels. It is divided into two main sections: bids and asks. The bids represent the buy orders, showing the prices traders are willing to pay for the asset, starting with the highest.

The asks display the sell orders, listing the prices at which sellers are willing to sell, starting with the lowest. The gap between the highest bid and the lowest ask is called the spread, and it reflects the market's liquidity and trading activity.

By analyzing the order book, traders can gauge market sentiment, identify levels of support and resistance, and make informed decisions about when to enter or exit a trade.

@webthreeth
Why will Bitcoin disrupt existing payment gateways over the next 10 - 15 years? 

Bitcoin has the potential to disrupt existing payment gateways over the next 10-15 years due to several key factors.

Firstly, Bitcoin operates on a decentralized network, which means it doesn't rely on traditional financial institutions like banks or payment processors such as Visa, Mastercard, or JPMorgan. This decentralization can reduce transaction fees significantly, as there are no middlemen taking a cut.
Additionally, Bitcoin transactions can be processed much faster than traditional bank transfers, especially for international payments, which often take days with conventional methods.

From the image, we can see that the combined market cap of major payment gateways is slightly less than Bitcoin's, suggesting a growing confidence in Bitcoin's value and its potential to replace or compete with these established systems.

@webthreeth
Airdrop #10 - $wifimap 


WiFi Map is a community-driven platform that provides access to over 150 million WiFi hotspots worldwide, aiding users in finding free internet access wherever they travel. It functions through a decentralized model where users contribute by sharing WiFi location data, adding hotspots, and performing speed tests.

The platform employs its own utility token, $WIFI, launched on the Polygon blockchain, to incentivize user participation. Users can earn $WIFI tokens by contributing to the network, which can then be used to redeem eSIM data packages, receive cashback rewards, or even tip other community members for sharing useful WiFi locations.

Additionally, $WIFI tokens can be traded on various cryptocurrency exchanges, providing liquidity and investment opportunities for users.

Steps to farm the Token
▸ Go to http://app.wifimap.io/get
▸ Register or Sign Up
▸ Start farming $WIFI tokens.

@webthreeth
AI Agents to begin the Great Displacement?


OpenAI CEO Sam Altman has expressed confidence that AI agents will enter the workforce by 2025, expressing confidence that they can specialize in creating AGI (Artificial General Intelligence). In late 2024, Story, an L1 IP blockchain, hired an AI agent named Luna to manage the X account for seven days and offered an annual salary of $365,000.

Artificial general intelligence (AGI) is a type of artificial intelligence (AI) that matches or surpasses human cognitive capabilities across a wide range of cognitive tasks. This contrasts with narrow AI, which is limited to specific tasks.

@webthreeth
January 20 - Trump Coin - Pump and Dump moment. Download your Phantom Wallets and get ready.

@webthreeth
Memecoins of the Day - January 6

1. Hyperfy (HYPER): Hyperfy experienced a peak increase of 237,324.86% over the last 24 hours, with a market cap of $195.92 million, making it the top-performing token of the day.

2. Unicorn Fart Plug (UFP): UFP recorded a peak surge of 30,262.38% in the past 24 hours, reaching a market cap of $1.84 million, drawing significant attention for its unique branding.

3. Side Eye Dog (CHICO): CHICO saw a 24-hour peak increase of 882.37%, with a market cap of $857.60K, emerging as a notable meme token in today's market.

4. FLORK (flork): FLORK recorded a peak surge of 207.99% in the last 24 hours, supported by a market cap of $24.50 million, maintaining its place among trending tokens.

@webthreeth
Cryptojobslist is a platform where you can discover remote job opportunities related to Web3.0 services offered by various companies. Given the growth trajectory of this sector, I anticipate significant development in the future. Would it be beneficial to create a bot that assists users in tailoring their CVs and cover letters for these opportunities, providing insights into the industry, and advising on how to align their CVs with specific job descriptions?

https://cryptojobslist.com/companies

@webthreeth
Airdrop #11 - Singularity Finance


Singularity Finance, an AI-integrated Layer 2 cross-chain blockchain, has secured a substantial $57M investment from entities like LDA Capital and Fundamental Labs.

To engage with their innovative ecosystem, you can join their 90-day Testnet by connecting your wallet at singularityfinance.ai/testnet, claiming test tokens from their faucet at faucet-testnet.singularityfinance.ai, and participating in tasks on Zealy, with the link posted below.

With AI shaping up to be the pivotal trend of this bull market, diving in early could prove advantageous; don't let FOMO catch you off-guard—get involved now and explore the opportunities this platform offers.

https://zealy.io/cw/singularityfinance/invite/2ncU6C6c5wjyXfkbJ1400

@webthreeth
Memecoin Trading - Solana (January 6)

1. FartGoatPenguButthole6900AI (SOLANA): This token experienced a peak increase of 32,457.20% in the last 24 hours, reaching a market cap of $4.12 million.

2. Conjure AI (CNJR): Conjure AI surged by 14,835.25% at its peak within 24 hours, with a market cap of $9.20 million, showing significant trading activity.

3. We’re going to win so much (WINNING): WINNING recorded a peak surge of 2,826.94% in the past 24 hours, achieving a market cap of $172.01K.

4. Glitch Gremlin AI (GREMLINAI): Glitch Gremlin AI saw a peak increase of 1,848.57% over 24 hours, with a market cap of $3.70 million, making it one of the trending tokens.

@webthreeth
Pump.Fun - Establishing Leadership on Memecoin Solana Launch. 


As of January 4th, 2025, Pump.fun has established a significant dominance in the SPL token launch market on Solana, with 71.1% of all launches occurring through their platform, while other Solana launches make up the remaining 28.9%.

Over the period from October 8th to January 6th, the graph clearly shows an increasing trend in Pump.fun's market share, with the green area representing Pump.fun Launches expanding compared to the blue area for Other Solana Launches, highlighting Pump.fun's growing influence in this sector.

@webthreeth
Top AI Agents by X Performance: January 2025 Overview


AI Agents are software entities designed to perform tasks autonomously or assist users in various capacities, often leveraging advanced algorithms and machine learning.

In the last 30 days, leading AI agents include AI Rig Complex, Spore, and ASYM, with AI Rig Complex taking the top spot. Other notable AI agents are SwarmNode.Ai, H4CK Terminal, and AION 5100. These agents are primarily built on the Solana blockchain, with exceptions like H4CK Terminal, Draiftking, and Cloudland, which are on the Base blockchain. The performance metrics are based on objective statistical indicators and community interest from significant players.

@webthreeth
Who is the person nominated Trader of the year? 

This trader turned $3K in ai16z into $19M, having cashed out $1.71M so far, and $12K in Fartcoin ballooned to $18M, from which he took $5.41M. With an 89% win rate on GMGN, he's been investing in meme coins like eef, DEAL, GG, and even Fartology, and he also bought 400 SOL worth of OPAIUM.

If he had started with just $1 USD (140 ETB), his investments would have turned into $6,333.33 in ai16z and $1,500 in Fartcoin. He turned 150 ETB to 1.1 Million ETB, within the space of 24 hours.

@webthreeth
Trending Memecoin - January 7

1. FEETCOIN: FEETCOIN recorded a peak increase of 58,032.82% in the past 24 hours, with a performer.

2. Large Language Model (LLM): LLM saw a peak surge of 51,724.95% over 24 hours, reaching a market cap of $39.43 million, highlighting strong trading interest.

3. Touch Grass (GRASS): Touch Grass experienced a 24-hour peak increase of 10,750.59%, with a market cap yet to cross $1 million, gaining traction for its meme-driven appeal.

4. Pepe AI (PEPEAI): PEPEAI achieved a peak surge of 5,532.10% within 24 hours, with its market cap not specified in the list but maintaining popularity among AI-themed tokens.

@webthreeth