News of Venom (VENOM) - July 2024 Price Update - 7.20% Breakout Crypto News and Analysis

In an exhilarating turn of events, Venom (VENOM) experienced a significant price breakout on July 26, 2024, at 18:53 UTC. The token surged by 7.20%, reaching a new price of $0.1843. This remarkable price movement is a testament to the growing recognition and adoption of the Venom blockchain, a Layer 0 and Layer 1 network known for its scalability, speed, and low transaction fees. The recent buzz surrounding Venom can be attributed to several strategic developments that have captivated the crypto community. The recent breakout of Venom (VENOM) has captured the attention of the cryptocurrency community, marking a significant 7.20% gain and pushing the price to $0.184. This surge is attributed to several key developments within the Venom ecosystem, each contributing to the heightened interest and trading volume of the token. Let's delve into the primary reasons behind this breakout, supported by visual evidence to illustrate their impact on the market.

Dotcoin's launch on Venom Blockchain: Dotcoin, a popular taptoplay game on Telegram with over 3.5 million daily users and more than 20 million active users, announced its integration with the Venom blockchain. This move is expected to expose the Venom network to millions of new users, significantly boosting adoption and network activity. The full integration will see Venom marketplaces and applications linked to the game, along with the release of Dotcoin's native DTC token on the Venom Network. This partnership highlights the recognition of Venom Blockchain's value by leading projects and is a strategic move to further the Venom Foundation's global expansion initiative.

Listing of $VENOM on Deepcoin: The recent listing of Venom's token, $VENOM, on the Deepcoin exchange has facilitated trading competitions, thereby boosting trading volume and market cap. This listing not only enhances the liquidity of $VENOM but also increases its visibility among traders and investors, contributing to the overall market momentum.

Venom's unique Layer 0 and Layer 1 blockchain network, built on Mesh network technology, is designed for scalability, speed, and low fees. This robust infrastructure enables it to host largescale applications like stablecoins, CBDCs, and RWAs (e.g., carbon credits), making it an attractive platform for both developers and users. The network's native token, VENOM, is used for paying transaction fees, staking to secure the network, and supporting validators through DePools staking.

The recent developments, particularly the integration with Dotcoin and the listing on Deepcoin, have played pivotal roles in driving the recent price surge. These strategic moves not only enhance Venom's market position but also pave the way for future growth and adoption, solidifying its place in the competitive blockchain landscape. In summary, Venom's recent 7.20% price breakout is a result of strategic partnerships, including the launch of Dotcoin on its blockchain and the listing of $VENOM on Deepcoin. These developments have significantly boosted the token's visibility and adoption. Venom's unique technological edge, combined with its active community engagement, positions it as a leading blockchain platform with a promising future. As always, conducting thorough research (DYOR) is essential for navigating the complexities of the cryptocurrency market effectively.

We have asked 39 Experty community members questions related to "News of Venom (VENOM) - July 2024 Price Update - 7.20% Breakout Crypto News and Analysis". We have received many valuable replies, the best ones (based on Experty community feedback) you can read below.

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i'm graduate of electrical/electronics engineering. my interest is into online space and also crypto analysts

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Explore the Core.

Venom is a Layer 0 blockchain network, integrating dynamic sharding technology and utilizing a proof of stake (PoS) consensus model. designed to handle the scalability issues and poor user experience that currently hinder the mass adoption of decentralized applications. With use case as Trade Finance and Proof of Reserve Mechanisms

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom. @dotcoincommunity, one of the most popular tap-to-play games on Telegram, is set to launch on Venom!

Explore the Core.

Venom is a unique Layer 0 and Layer 1 blockchain network designed for scalability, speed, and low fees. It is built on Mesh network technology, enabling it to host large-scale applications like stablecoins, CBDCs, and RWAs (e.g., carbon credits). The native token of the Venom network is VENOM, which has a total supply of 8 billion tokens. VENOM is used for paying transaction fees, staking to secure the network, and supporting validators through DePools staking. Venom follows the TIP-3 standard for fungible tokens and the TIP-4 standard for non-fungible tokens (NFTs). The network also supports a wrapped version of VENOM called WVENOM, which is a TIP-3 token issued 1:1 with VENOM.

Spot the Main Event:

On the 26th of July,2024. Dotcoin , one of the most popular tap-to-play games on Telegram, is set to launch on Venom! Dotcoin is a highly popular game on Telegram, boasting over 3.5 million daily users and more than 20 million active users. The game is easy to play and offers users the chance to earn rewards while offering an engaging experience. This partnership highlights the recognition of Venom Blockchain's value by leading projects. The onboarding of millions of users will further the Venom Foundation's strategic global expansion initiative and continue the ongoing increase in the adoption of the entire Venom ecosystem.

📸 Show Us What You Found:

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

Spot the Main Event:

The dotcoin , one of the most popular tap-to-play games on Telegram, is set to launch on Venom. Dotcoin is expected to bring significant traffic and attention to the Venom network. The full integration will see Venom marketplaces and applications linked to the game, along with the release of Dotcoin's native DTC token on the Venom Network.

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Trade hard. Joy is coming

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom, dotcoincommunity, one of the most popular tap-to-play games on Telegram, is set to launch on Venom. Dotcoin is a highly popular game on Telegram, boasting over 3.5 million daily users and more than 20 million active users. The game is easy to play and offers users the chance to earn rewards while offering an engaging experience. This partnership highlights the recognition of Venom Blockchain's value by leading projects. The onboarding of millions of users will further the Venom Foundation's strategic global expansion initiative and continue the ongoing increase in the adoption of the entire Venom ecosystem.

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Owojori

Spot the Main Event:

Their recent price change is linked to the announcement in their telegram community that a project called Dotcoin will be listed in their Blockkchain. The project has a larger number and that may be the cause of the pump

📸 Show Us What You Found:

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability.

Freelancer , Copy Writer and Crypto lover

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability.

Spot the Main Event:

The project is pumping due to a news about their collaboration with Dotcoin and that the project will be listed on their Blockkchain

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Full stack developer and a block chain specialist.

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability.

Spot the Main Event:

The price change is linked to their collaboration with Dotcoin. That was revealed in their telegram community that the project also will be listed on their Blockkchain

📸 Show Us What You Found:

Professional Author and Crypto Trader

Explore the Core.

Venom is a Blockchain without boundaries, it's a project that started as an airdrop earlier this year and rewarded its early contributors with the $VENOM token. It is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). Speed, low fees, and unmatched scalability are the major things that make the Venom Blockchain standout amongst other Blockchain Networks out there.

Spot the Main Event:

The major reason for the current increase in the price of the token is the announcement they made talking about Dotcoin, one of the biggest Telegram mini-apps, coming to their Blockchain network. The fact that Dotcoin has been able to draw the attention of many Web3 users would help expose their Blockchain network and its competitive features to users out there with little to no knowledge about the Venom Network. Another reason is the fact that they recently got their token, $VENOM, listed on the Deepcoin exchange platform. This listing would have them partner with the exchange to host trading competitions which would help increase both the trading volume and the market capitalization of the project.

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To God be the Glory

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom, dotcoincommunity, one of the most popular tap-to-play games on Telegram, is set to launch on Venom. Dotcoin is a highly popular game on Telegram, boasting over 3.5 million daily users and more than 20 million active users. The game is easy to play and offers users the chance to earn rewards while offering an engaging experience. This partnership highlights the recognition of Venom Blockchain's value by leading projects. The onboarding of millions of users will further the Venom Foundation's strategic global expansion initiative and continue the ongoing increase in the adoption of the entire Venom ecosystem.

📸 Show Us What You Found:

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom, dotcoincommunity, one of the most popular tap-to-play games on Telegram, is set to launch on Venom. Dotcoin is a highly popular game on Telegram, boasting over 3.5 million daily users and more than 20 million active users. The game is easy to play and offers users the chance to earn rewards while offering an engaging experience. This partnership highlights the recognition of Venom Blockchain's value by leading projects. The onboarding of millions of users will further the Venom Foundation's strategic global expansion initiative and continue the ongoing increase in the adoption of the entire Venom ecosystem.

📸 Show Us What You Found:

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom @dotcoincommunity, one of the most popular tap-to-play games on Telegram, is set to launch on Venom.

📸 Show Us What You Found:

Student

Explore the Core.

They aim to build a Blockchain that will functions as the main infrastructure for a global ecosystem of Web3 applications, possessing ultra-fast transaction speeds and infinite scalability to meet the demands of ever-expanding user base.

Spot the Main Event:

For me I’d say the price bump is about the dotcoin announcement looking to be lunched on the blockchain, it has drew attention as telegram tap to earn games have been growing lately, most dotcoin era must have seen the blockchain and the coin still quite cheap and decided to pump it up a bit.

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Cute, funny and a little bit crazy!!!

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom Dotcoin , one of the most popular tap-to-play games on Telegram, is set to launch on Venom. Dotcoin is expected to bring significant traffic and attention to the Venom network. The full integration will see Venom marketplaces and applications linked to the game, along with the release of Dotcoin's native DTC token on the Venom Network. What This Means for Venom? This partnership highlights the recognition of Venom Blockchain's value by leading projects. The onboarding of millions of users will further the Venom Foundation's strategic global expansion initiative and continue the ongoing increase in the adoption of the entire Venom ecosystem. Dotcoin boasts over 3.5 million daily users and over 20 million active users. However, given the massive user bases that Dotcoin and other games have acquired, hosting them on a blockchain network can prove a challenge. As a result, Dotcoin has decided to launch on Venom, a fast, infinitely scalable network designed to be able to adapt to and host high-load applications and platforms without it affecting network speed or security.

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Overview

Venom is a unique Layer 0 and Layer 1 blockchain network designed for scalability, speed, and low fees. Built on Mesh network technology, Venom aims to support largescale applications such as stablecoins, Central Bank Digital Currencies (CBDCs), and RealWorld Assets (RWAs) like carbon credits. Its mission is to develop nextgeneration digital infrastructure that seamlessly overlays existing Web2 systems, making it a compelling choice for Web3 dApps.

Key Features

Mesh Network Technology: Ensures exceptional scalability and efficiency. TIP3 and TIP4 Standards: Supports fungible and nonfungible tokens. Dynamic Sharding: Enhances scalability by dividing the blockchain into smaller, manageable shards. Threaded Virtual Machine (TVM): Improves transaction processing speed. Interoperability: Facilitates seamless communication and asset transfer between different blockchains. Security and Low Fees: Prioritizes robust security measures and minimal transaction fees.

Use Cases

Stablecoins and CBDCs: Supports national and international digital currencies. RealWorld Assets (RWAs): Enables tokenization of assets like carbon credits. Web3 dApps: Provides a scalable and efficient platform for decentralized applications. Gaming: High transaction speed and scalability make it suitable for blockchainbased games. Supply Chain Management: Enhances transparency and traceability. Identity Management: Offers secure and decentralized identity solutions.

Recent Developments

Dotcoin Integration: Dotcoin, a popular taptoplay game on Telegram, is set to launch on Venom, bringing significant traffic and attention to the network. Exchange Listings: VENOM token is now listed on major exchanges like CoinDCX, WazirX, OKX, Bybit, Kucoin, Gate, MEXC, and Poloniex. Community Engagement: Active discussions and updates on platforms like Telegram, Discord, and Twitter.

Market Impact

Increased User Adoption: The integration with Dotcoin and listings on major exchanges are likely to drive user adoption and market visibility. Scalability and Efficiency: Venom's technological innovations position it as a preferred network for highload systems, potentially attracting institutional and retail investors. Global Expansion: Listings on Indian exchanges like WazirX and CoinDCX expand Venom's footprint in one of the world's largest markets.

Risks and Opportunities

Risks

Community Concerns: Some community members have expressed displeasure and concerns about the project. Technical Challenges: As with any blockchain project, potential security breaches or technical issues could pose risks.

Opportunities

Innovative DeFi Solutions: Venom's approach to DeFi could attract significant interest from traders and developers. Global Recognition: The project's scalability and efficiency have garnered global recognition, challenging traditional tech hubs.

Community Engagement

Active Community: Venom has a strong and engaged community, regularly interacting on platforms like Telegram, Discord, and Twitter. Community Rewards: The project plans to reward members who earned NFTs through various tasks, fostering a sense of involvement and loyalty.

Conclusion

Venom stands out in the crowded cryptocurrency market with its unique Layer 0 and Layer 1 architecture, exceptional scalability, and low fees. Recent developments like the Dotcoin integration and multiple exchange listings position Venom for significant growth. However, traders should consider community concerns and potential technical challenges. Overall, Venom's innovative approach and expanding market presence make it a compelling choice for investment.

Considerations for Traders: Monitor Community Sentiment: Keep an eye on community discussions for early insights. Evaluate Technological Innovations: Assess how Venom's unique features could impact its longterm viability. Stay Updated on Developments: Follow official channels for timely updates on partnerships and technological advancements.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.