Cryptocurrencies have become more mainstream and widely recognized as a legitimate asset class. However, the emergence of memecoins is a relatively new phenomenon that has gained significant attention in the cryptocurrency world. Memecoin Gaining Investor’s Attention Memecoins are a type of cryptocurrency that is often based on memes or internet
Several cryptocurrency exchanges have moved quickly to list various meme coins as they gain popularity in the market. Pepe (PEPE) has recently flipped Shiba Inu and FLOKI in trade volumes, therefore the market is paying close attention. OKX, a cryptocurrency exchange, has announced that it would be offering PEPE, a
The Proof of Reserves (PoR) system at OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology business, has taken a major step forward. Users will now be able to independently validate that their assets are backed by OKX reserves. Thanks to the exchange’s incorporation of
The rising uncertainty in the global financial sector has resulted in heightened selling pressure on Shiba Inu (SHIB), the world’s second-largest meme crypto price. In only 60 days, the price of a Shiba Inu has reduced by 17 percent. This drop occurred despite the SHIB team sharing promising developments about
Elon Musk, CEO of Twitter, has announced yet another ground-breaking plan to increase the company’s revenue and benefit Twitter’s content providers. Twitter has been implementing an increasing number of novel features to enhance the service for its users and foster an open dialogue. This update allows crypto influencers and other
Earlier today, PEPE coin prices started blowing to the sky more than ever before, remarking an all-time high (ATH) in the crypto market. Meanwhile, the Lookonchain reported that 100 billion PEPE are exchanged for 21 Ethereum (ETH) worth $40,068.88 in the current market price. This guy sells $PEPE every time
The 60 million users of the well-known digital wallet Venmo will soon transfer Litecoin (LTC) between Venmo and other cryptocurrency wallets. This action will increase the number of cryptocurrencies available on the platform, which at the moment only provides four, including Litecoin. One of the most popular cryptocurrencies in recent
Kenya, a country in East Africa has recently introduced 1.5 percent taxes on commissions for crypto trading and exchange over four million people in the country. Considerably, in April 2023, the country will scrap the 1.5% tax imposed on crypto trades for foreign operations, says William Ruto, the president of
In its most recent performance report, Ethereum’s Layer-2 based scaling protocol Arbitrum (ARB) demonstrated its superiority over the latter network in terms of the total number of transactions executed. 3/5 Ecosystem Milestones: Yesterday both Arbitrum One (1.26m) and Arbitrum Nova (1.18m) processed more transactions than Ethereum (939k). We’re witnessing Ethereum’s
Decentralized oracle service provider Chainlink (LINK) has announced that its newest node software is now live on the mainnet. Chainlink has announced a new update to its node software, version 2.0.0, with the stated goal of improving node operators’ ability to run their operations efficiently. #Chainlink node software version v2.0.0
