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Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Posts by Vignesh k

Polygon Labs Shifts Development Focus from Edge to CDK for Layer 2 ZK-Rollups

Early Signs of Accumulation Hint at Polygon Reversal

Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this

November 29, 2023 2 mins read
Dogecoin Transaction Volume Hits New Highs as Price Faces Resistance

Dogecoin Transaction Volume Hits New Highs as Price Faces Resistance

Dogecoin’s original meme cryptocurrency had its transaction count reach fresh all-time highs this week, even as its price remains constrained below the $0.087 level. According to developer Mishaboar, Dogecoin’s daily transaction volume recently topped 1.5 million transfers over a 24-hour span. That figure builds on the over 1 million transactions

November 29, 2023 2 mins read
Shiba Inu Team Launches ShibaSwap on Shibarium, Boosting SHIB Ecosystem

Shibarium Transactions Plunge After Recent Surge

Just days after Shibarium, the Layer 2 scaling solution of the Shiba Inu ecosystem, recorded an all-time high in transactions, that figure has now plunged by nearly 65%. According to data tracked by monitoring resource Shibarium Scan, total transactions hit 43,690 on November 24th, up markedly from 29,280 the prior

November 28, 2023 2 mins read
Cardano Price Action Gives Mixed Signals As Traders Consider Next Move 

Cardano Price Action Gives Mixed Signals As Traders Consider Next Move 

Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto

November 28, 2023 2 mins read
Can Cardano (ADA) Stage a Comeback After the 8% Decline?

Cardano Price Consolidates With Potential for a Surge

The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market

November 27, 2023 2 mins read
Solana Price Eyes Breaking Above $61.5 as Bulls Continue Domination

Millions in Solana Transferred to Unknown Wallets As SOL Dumps

Over $120 million worth of Solana’s SOL token changed hands across three hefty transactions executed by anonymous whale accounts over the past 24 hours. Cryptocurrency transaction tracker Whale Alert picked up the on-chain activity, which arrived as the blockchain’s native crypto asset trades down from its recent record highs. The

November 27, 2023 2 mins read
Cardano Co-Founder Criticizes US Crypto Policies, Calls for Electoral Influence

Cardano’s Hoskinson Lauds Nearly 200-Paper Research Portfolio

Cardano creator Charles Hoskinson praised his blockchain network’s commitment to peer-reviewed academic research as the total papers in Input Output Global’s (IOG) library approaches 200. He contends that this rigorous, scientific method distinguishes Cardano as uniquely positioned to solve complex challenges. “Cardano’s Library Nears 200 Papers as Founder Charles Hoskinson

November 26, 2023 1 min read
Shiba Inu Analysis: Predicting SHIB's Value at $500,000 Bitcoin

Shiba Inu Braces for Potentially Rocky December

Heading into the final month of 2023, the popular Shiba Inu-themed cryptocurrency SHIB faces another possible bout of extreme volatility if past trends around Christmas prove accurate again this year. Analysis by data firm CryptoRank reveals the token has seen double-digit percentage selloffs in December since its launch. “Shiba Inu

November 26, 2023 2 mins read
Dogecoin (DOGE) Poised for 30% Breakout Rally to 10 Cents, Here's Why

Sudden Dogecoin Whale Activity Sparks Speculation of Price Breakout

The original meme-inspired cryptocurrency Dogecoin (DOGE) is exhibiting a flurry of activity not seen in years, prompting speculation of an impending price rally. Over the past month, 121 new Dogecoin wallets have emerged, containing at least 1 million DOGE each, marking substantial interest from “whale” investors. Additionally, high-value wallets that

November 23, 2023 2 mins read
Bitcoin Briefly Rebounds After Finding Support Around $40,550

User Pays Staggering $3.14M in Bitcoin Fees for Single Transaction

In what may signal a resurgence of high Bitcoin transaction fees, an anonymous whale just spent 83.65 BTC (over $3.14 million) in miner fees to facilitate a single BTC transaction. According to the crypto analytics platform BitinfoCharts, the exorbitant charge occurred with the transfer of 55.76998378 BTC from the sender’s

November 23, 2023 1 min read