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Janani

A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.

Posts by Janani

Major $20 Million Huobi Token (HT) Burn Announced by Justin Sun

Major $20 Million Huobi Token (HT) Burn Announced by Justin Sun

Justin Sun, the advisor of Huobi Token (HT) and founder of TRON, announced today the burning of 20 million HT tokens, valued at a staggering $60 million. This move marks a pivotal moment in HT’s history, signaling a significant reduction in circulating supply, with only 134 million HT remaining in

February 6, 2024 2 mins read
Ethereum (ETH) Supply Plummets Amidst Strong Network Activity

Ethereum Bulls And Bears At a Crossroads: What Lies Ahead?

Ethereum, the second-largest digital asset by market capitalization, finds itself at a crossroads with recent developments sparking both excitement and apprehension among investors. The cryptocurrency, after a four-day struggle, saw a notable uptick, reaching $2312, a move closely monitored by the crypto community. However, this momentum is now overshadowed by

February 6, 2024 2 mins read
Chainlink (LINK) Soars 24% on Whale Activity and Positive Technicals

Chainlink Soars 24% on Whale Activity and Positive Technicals

The cryptocurrency market has witnessed a significant surge in Chainlink (LINK) prices, with a notable 24% increase this week and reaching a two-year high currently at $19.6. This surge is fueled by a series of intriguing events, including a surge in dormant whale transactions, technical indicators pointing towards a bullish

February 5, 2024 2 mins read
Nayib Bukele Reelected in El Salvador. Win for Bitcoin?

Nayib Bukele Reelected in El Salvador. Win For Bitcoin?

President Nayib Bukele of El Salvador appears set to continue his presidency for another five-year term, with exit polls indicating an overwhelming lead shortly after voting concluded on Sunday. The outcome was widely anticipated, given Bukele’s substantial popularity and a significant lead in pre-election polls. “According to our numbers, we

February 5, 2024 2 mins read
Shardeum Unveils Ambitious Three-Phase Airdrop Initiative

Shardeum Unveils Ambitious Three-Phase Airdrop Initiative

In the trending airdrop season, one that caught the eye of the community is Shardeum, an EVM-based L1 blockchain. It is on the verge of introducing its incentivized testnet, accompanied by a comprehensive three-phase airdrop initiative. This strategic move aims to acknowledge and reward early contributors who have played pivotal

February 3, 2024 2 mins read
Why Bitcoin is Struggling to Surpass the $43.5K Barrier?

Why Bitcoin Is Struggling to Surpass the $43.5k Barrier?

Bitcoin (BTC), the largest cryptocurrency, has kept its investors on edge with a stagnant price movement in recent weeks. Currently, experiencing a modest surge of 0.33% in the last twenty-four hours and a 3.16% increase over the past seven days, it has slightly broken the tight trading range between $40,000

February 3, 2024 1 min read
Pyth Network and Ondo Finance Partner to Expand USDY's Reach Across 65+ Blockchains

Pyth Network Advances with Key Partnerships & Binance Listing

In a resounding success for Pyth Network, the PYTH token has become the talk of the town, soaring to new heights as the top gainer in the cryptocurrency market. The digital asset has experienced an impressive 29% surge in the past twenty-four hours, accompanied by a remarkable 239% spike in

February 2, 2024 2 mins read
Chainlink Price Rises in 24 Hours as LINK Aims to Reclaim $12 Level

Chainlink Price Hits 2-Year High: What’s Next for LINK Bulls?

Chainlink, an Oracle service provider shown a remarkable display of strength over recent days. Over the last 24 hours, the LINK price has surged by 15%, reaching $17.93, with a market cap of $10.8 billion. This surge follows a week of impressive gains, where LINK has outshone every major altcoin,

February 2, 2024 1 min read
Baby Doge Coin Executes Massive Burn of 139 Trillion Tokens

Baby Doge Coin Executes Massive Burn of 139 Trillion Tokens

As we step into the second month of 2024, major discussions around memcoins seem to be dwindling in the market. Nevertheless, the memecoin community is steadily growing, hinting that the days of wild returns for memecoin bulls may not be too distant. Talking of it, the prominent Baby Doge coin

February 2, 2024 1 min read
What is FUD Surrounding Solana DEX Jupiter?

What is FUD Surrounding Solana DEX Jupiter?

Jupiter, a Solana-based decentralized exchange (DEX), recently experienced a whirlwind of developments that stirred excitement within the crypto community. However, as the dust settles, the project finds itself navigating a challenging phase, with the JUP token witnessing a significant price drop. First and foremost, Jupiter executed one of the largest

February 1, 2024 2 mins read