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Cryptocurrency News Articles

Web3Bay (3BAY) Emerges as the Next Big Thing in Crypto E-commerce, Targeting One of the Largest Presales the Industry Has Ever Seen

Dec 21, 2024 at 09:00 am

In 2023, the cryptocurrency ownership rate jumped by 34%, reaching a global total of 580 million users. This bull market has rekindled interest

Web3Bay (3BAY) Emerges as the Next Big Thing in Crypto E-commerce, Targeting One of the Largest Presales the Industry Has Ever Seen

As 2023 unfolds, the cryptocurrency ownership rate has seen a substantial 34% increase, bringing the total number of crypto users worldwide to an impressive 580 million. This bullish market trend has reignited interest in the digital asset space, particularly evident in the soaring performance of NEIRO (NEIRO) and Dogecoin (DOGE).

Fresh off Donald Trump's victory in the presidential election, which has had a favorable impact on the broader crypto market, Dogecoin has skyrocketed by 45% amidst Bitcoin's record-breaking ascent to new highs above $88,000. This surge has been further fueled by Elon Musk's continuing support for the meme coin, as evidenced by his latest tweets.

Moreover, technical indicators are signaling the potential for further upward movement in Dogecoin. The emergence of a ‘golden cross’ — where the 50-day moving average crosses over the 200-day average — has historically been linked to major rallies of up to 7,000%.

Meanwhile, NEIRO, a recent addition to the Ethereum blockchain since August 2024, has quickly gained a foothold in the market. Trading at $0.00165 on December 12, 2024, NEIRO soared by 11.67% in just 24 hours and 48.43% over the past week, bringing its market cap to around $5.43 million with a circulating supply of 1 billion NEIRO tokens.

This growth is largely thanks to increased engagement from the community and interest from institutional investors. For instance, GSR Markets, a top market maker, recently pulled $4.3 million worth of NEIRO from Bybit, a move that reflects strong market faith and coincided with a 25% spike in its price.

In other developments, Web3Bay (3BAY), a decentralized e-commerce platform, is carving out a name for itself in the presale arena, potentially marking one of the largest presales the crypto industry has ever seen.

Highlighting the growing integration of digital assets in mainstream commerce, Web3Bay aims to revolutionize online shopping through blockchain technology. Stepping away from the traditional marketplace model, it operates on a decentralized blockchain, putting essential control of data, privacy, and security in the hands of its users—key issues in our increasingly digital world.

Built on a solid Layer-1 blockchain, Web3Bay delivers the transparency and permanence that enthusiasts expect, establishing a trusted platform for digital asset trades. At the heart of Web3Bay's ecosystem lies the 3BAY token, which does more than facilitate payments. It allows users to participate in governance, making real decisions about the platform's direction. Furthermore, Web3Bay bridges the gap between digital and traditional finance, accepting both crypto and popular payment methods like PayPal, appealing to both crypto beginners and veterans.

As cryptocurrency ownership continues to expand globally, Web3Bay is perfectly placed to tap into this growth. With a presale model that offers early supporters a chance at up to 6000% ROI, Web3Bay is not just another online platform—it’s setting the stage to revolutionize how we shop in the era of cryptocurrency.

This is a paid press release, which contains forward looking statements and should be treated as advertising material. FinanceFeeds does not endorse and vouch for such statements and advises any person considering to act on any such statement to investigate NEO and consult with a financial adviser before acting on any statement in this press release.

News source:financefeeds.com

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