NEAR (-31%) & VIRTUAL (-11%) Tumble While BitLemons ($BLEM) Secures $1M Seed Round for Web3 Revolution!
The post NEAR (-31%) & VIRTUAL (-11%) Tumble While BitLemons ($BLEM) Secures $1M Seed Round for Web3 Revolution! appeared on BitcoinEthereumNews.com.
NEAR Protocol plunged 31.81% to $3.17 despite advancing its cross-chain integration initiatives, while Virtuals Protocol tumbled 11.77% to $1.19 as its highly anticipated VR gathering failed to sustain buying momentum. Meanwhile, BitLemons ($BLEM) continues to capture investor attention with its revolutionary GambleFi platform, already securing $1 million in seed funding and positioning itself to disrupt the $450 billion traditional casino industry. Is BitLemons ($BLEM) the Hidden 1000x Gem in the $450B Casino Industry? BitLemons ($BLEM) is transforming the digital gaming landscape with its innovative approach to GambleFi. The platform has already secured an impressive $1 million in private seed funding, demonstrating strong institutional confidence in its vision to disrupt the $450 billion traditional casino industry. The platform stands out with its custom-built crypto casino infrastructure, offering players an unmatched gaming experience. Unlike many speculative GameFi projects, BitLemons is already operational and generating revenue, providing investors with an immediate value proposition. What truly sets BitLemons apart is its revolutionary tokenomics model. The platform allocates 30% of its gross gaming revenue (GGR) directly to community benefits, with 15% dedicated to token buyback and burn mechanisms, creating natural scarcity, while another 15% rewards loyal stakers through generous yield opportunities. NEAR Protocol Dips 31% – Is Cross-Chain Innovation Enough to Reverse the Trend? NEAR Protocol’s price action has taken a dramatic turn, plummeting by 31.81% over the past week to $3.17. The sharp descent began at the $4.65 level, showing persistent selling pressure that has driven the token to its current support zone. Trading volume has surged to $211.11M, indicating significant market participation in the downward movement. Despite this bearish price action, NEAR Protocol continues to advance its cross-chain integration initiatives. The protocol’s enhanced interoperability between NEAR, Ethereum, and traditional financial systems has earned it recognition as a “next-gen multi-chain powerhouse” among trading experts.…
Filed under: News - @ February 9, 2025 12:25 pm