Fri, July 18

Ethereum Validators Reap Benefits as Pepe Coin Gains Popularity

Meme coins have been a familiar presence in the cryptocurrency space, often featuring popular animals like cats and dogs. Recently, a new participant, Pepe Coin, has emerged in this domain, attracting attention with its notable price performance. Early investors in Pepe Coin have experienced significant returns, ranging from hundreds to

May 8, 2023 1 min read

Ripple CEO Brad Garlinghouse Announces Expansion to Dubai

According to CEO Brad Garlinghouse, Ripple will specifically expand to the city of Dubai. This news was also shared by Garlinghouse during today’s Dubai Fintech Summit as the major crypto solution provider has revealed plans for growth. Middle Eastern consumers and regulations were two of the main considerations cited by

May 8, 2023 1 min read

Stats Reveal Accelerated ETH Burn Rate Caused by Meme Coin Pumps

PEPE and other Memecoins trading activity is putting deflationary pressure on ETH. According to ultrasound.money, over 60K ETH has been net burned since the Merge, representing a 2,62% annual supply reduction ceteris paribus,”holding other things constant,” or “all else being equal.”  Uniswap, the largest decentralized exchange on the Ethereum network, accounts

May 8, 2023 1 min read

Ethereum (ETH) in Deep Deflation, Signs Aiming to Boom?

The second-largest cryptocurrency, Ethereum (ETH), regained popularity. One potential driver for ETH’s rebound is its appeal as a “deflationary asset.” This trend is on the back of growing on-chain activity, led primarily by DEXes, NFT platforms, and stablecoins. Due to a spike in on-chain activity on protocols such as Uniswap,

May 8, 2023 2 mins read

Shiba Inu Records the Largest Purchase Volume in the Week

Shiba Inu (SHIB), the second largest memecoin, witnessed a surge in volume as large buyers took center stage, outpacing the selling pressure. In the past week, bulls marked an extraordinary milestone, with the volume of purchases by influential investors surpassing a staggering 10.25 trillion SHIB. On the contrary, the sales

May 8, 2023 1 min read

Pepe (PEPE) Spot Trading Volume Surpasses Whopping $2.7 Billion

The trading volume of Pepe (PEPE), a meme currency based on a cartoon frog, has skyrocketed recently. The spot trade volume of PEPE surpassed $2.7 billion recently, second only to USDT, BTC, ETH, and USDC, according to Wu Blockchain, who quoted statistics from CoinMarketCap. The highest trading volume, $650 million,

May 7, 2023 1 min read

Upcoming Gala V2 Token Airdrop Won’t Be Supported by Coinbase

Prominent exchange Coinbase has said that it would not support the Web3 gaming startup’s effort to distribute an improved GALA token through airdrop to current holders on May 15. This week, the crypto exchange informed that on May 12, it would stop supporting the GALA token (Gala V1). This means

May 6, 2023 1 min read

Zimbabwe Sets Gold-backed Digital Currency Price at $10 for Individuals

Zimbabwe’s government has established a value for its digital tokens backed by gold. Starting on May 8, the nation will begin offering investors its own digital money backed by gold. Tokens will be sold to people for a minimum of $10. And to companies and other organizations for a minimum

May 6, 2023 1 min read

Whopping 100 Quadrillions Token Burn Proposed By BabyDoge Team

To improve the safety and reliability of its platform, BabyDoge seems certain that it has found a workable solution. The deflationary token platform apparently wants 100 quadrillions of BABYDOGE on the Ethereum blockchain to be burned, as suggested in a Twitter poll post. Exciting News: A Proposal to Strengthen Security

May 6, 2023 2 mins read
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