The DeSoc project has garnered attention in the cryptocurrency sphere with its unique Social-DeFi model that combines social interactions and financial incentives.
DeSoc’s Model and Features
DeSoc has already raised $10 million in funding by addressing real problems affecting billions of users daily. The project targets the $100 billion social media market by providing technology that delivers immediate utility. The unique content syndication allows users to publish simultaneously across various platforms like Facebook, Instagram, and Twitter. In contrast to complex DeFi protocols of other projects, DeSoc offers an accessible platform for users.
XRP Dynamics and Whale Opinions
XRP is currently trading at $3.24, showing a 2.3% decline over the last 7 days. High investor interest supports the token's liquidity, suggesting potential price growth in the future. An increase in large investments indicates confidence in Ripple's plans for international payments.
AVAX Prices and New Updates
AVAX is currently priced at $23.35 and has risen by 28% over the last month. This growth followed the activation of the Blizzard update, which improved consensus efficiency. The Avalanche ecosystem is also expanding with the launch of new DeFi protocols on the C-Chain, underscoring growing developer and user interest in the platform.
The interest in the DeSoc project and its Social-DeFi model illustrates the market's growing appetite for new reward mechanisms. The success of the test network and user engagement could redefine the role of social tokens in the market.
