Despite the prominent cryptocurrencies trading in the red, a new doge-themed Bonk ($BONK) token has significantly surged by over 1622% since the trading began on December 29, 2022. At the time of writing, the robust price performance boosted the new memecoin to attain an all-time high of $0.00000154. In the
Solona blockchain native token SOL fell by 15% on Thursday after Ethereum developer Vitalik Buterin tweeted support for the blockchain, which has been negatively affected by the collapse of FTX. According to CMC statistics, SOL has risen from its low of $8.19 on Thursday to $9.50. However, the token is
The total market worth of all cryptocurrencies has fallen below the $800 billion threshold, signaling a continuation of the industry-wide decline. The value of the most popular cryptocurrency, Bitcoin (BTC), has fallen by 65% YTD, while the value of Ethereum (ETH) has fallen by 68% YTD. Although 2022 was the
Solana (SOL) was one of the best performing crypto project in the market, however, SOL started losing its glaze recently. Two NFT projects of Solana namely DeGods and yOOts announced their arrival to Ethereum and Polygon respectively in the first quarter of 2023. DeGods will officially bridge to Ethereum
The top Solana NFT collection DeGods and y00ts announced their departure from Solana earlier today on Twitter. DeGods will switch to the more well-known Ethereum, while y00ts will be moved to Polygon, an Ethereum sidechain. y00ts will officially bridge to @0xPolygon in Q1 2023. pic.twitter.com/Mnz25dJko1 — y00ts (@y00tsNFT) December 25,
Solana (SOL) has been rising in price over the past 24 hours, suggesting buyers have taken control of the market. Since yesterday, the price of SOL, which is currently trading at $13.6. The price of $13.9 has emerged as a support level for buyers, while the price of $14.24 has
The epicenter for the current industry discussion about enforcing NFT creator royalties. As well as lengthy arguments between prominent participants in the area have now burst out into social media. As developers attempt to alter the trajectory of the Solana NFT market. Creator of the NFT standard for Solana, Metaplex,
Orca, a prominent decentralized exchange based on Solana, has launched a fiat-to-cryptocurrency gateway after integrating the ‘Stripe’ payments service provider. Stripe’s first-ever integration with a decentralized exchange on any blockchain is happening right now, thanks to the Orca onramp. At launch, customers of Orca will be able to bypass the
In the midst of the turmoil caused by FTX’s insolvency in the cryptocurrency market, Litecoin (LTC) is starting to shine and climbed by over 45% this month, from $54 to $81. The bullish price momentum may be due to an improvement in its supply dynamics. The uptrend comes ahead of
A wave of layoffs at Metaplex, a Solana NFT protocol maker, was revealed on Thursday as the Web3 ecosystem continues to be affected by the outbreak brought on by the collapse of the cryptocurrency exchange FTX last week. Stephen Hess, co-founder, and CEO of Metaplex said today through Twitter that
