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SUI hit $2 price peak 🚀 Expectations have certainly been raised... #Sui
SUI hit $2 price peak 🚀
Expectations have certainly been raised...
#Sui
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🟡 Shiba Inu Burn Rate Skyrockets: Surge Signals Positive Shift 🔺 Shiba Inu experienced a notable slowdown in token burning operations last week, correlating with a decline in its market price. 🔺 The burn rate of Shiba Inu saw a remarkable surge in the current week, driven by significant activity from two wallets. 🔺 Despite fluctuations, the surge in burn rate appears to be primarily organic, indicating renewed investor optimism. Shiba Inu (SHIB) recently underwent a significant shift in its burn rate trajectory, closely paralleling the dynamic trends in its market valuation. During the preceding week, there was a conspicuous deceleration in token burning operations, correlating with a downturn in the coin’s market price. The daily volume of tokens designated for burning witnessed a notable slump during this period, consequently leading to a discernible reduction in the burn rate. However, as the current week nears its conclusion, a notable reversal has transpired. The burn rate of Shiba Inu has experienced a remarkable surge, propelled notably by the proactive engagement of the project’s primary developer. Data derived from Shibburn has unveiled a remarkable upsurge in burn activity. Over a span of 24 hours, an astonishing 87.76 million SHIB tokens were directed toward the burn address, signifying a substantial surge of 48,554.74% in the burn rate. Of particular interest is the fact that the entire volume of tokens incinerated originated from merely two wallets. The first wallet, labeled as “0xb8001c3,” instigated a transaction involving 61.9 million tokens on Wednesday. Subsequently, another noteworthy transaction ensued from the “0xa9d1e0” wallet, contributing 25.85 million SHIB tokens to the burn. This surge in burn activity starkly contrasts with the meager performance observed on the preceding day, where a paltry 180,375 tokens were burned, resulting in a significant 99.59% decrease in the burn rate. Shiba Inu team or enhancements in community sentiment. $SHIB #SHIB #Shibainu
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SEC vs. Uniswap Will Define the Future of DeFi
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📉 Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event 🔺 Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows. 🔺 Prices historically decline around such events as the supply increase outpaces investor demand for the asset, according to research. The native cryptocurrency of layer-1 blockchain Aptos (APT) underperformed the crypto market ahead of an almost $300 million supply event due this week that will increase the number of circulating tokens. APT declined more than 16% over the past week while major crypto assets bitcoin (BTC) and ether (ETH) gained 3% and 5%, respectively. It was the second-worst performing constituent of the broad-market CoinDesk 20 Index, beating only the token of decentralized exchange Uniswap (UNI) which tumbled on regulatory actions in the U.S. The difficult week occurred ahead of 24.84 million of previously locked-up APT tokens that are scheduled to be released on April 12, TokenUnlocks data shows. The actual time when assets can be moved after the release could be around 1-2 days after the event, the website adds. Some $141 million worth of tokens will be distributed to core contributors, $100 million to investors, $38 million among community members. $16 million in tokens are earmarked for the ecosystem development foundation. Token unlocks happen because the supply of many cryptocurrencies are locked up in vesting to prevent insiders – early investors, team members – from dumping tokens en masse. Prices historically decline around such events, as the supply increase outpaces investor demand for the asset, according to research by crypto analytics firm The Tie. The APT tokens to be released represent just 6% of the current circulating supply, but is nearly double the daily trading volume on exchanges, per CoinGecko data. $APT #APT #Aptos #BullorBear
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👁️🗨️ Worldcoin - compatible wallet surpasses 10 million users 🔺 Tool for Humanity’s World App, a Worldcoin-compatible wallet, has amassed more than 10 million total users since it roll out last year. Tools for Humanity’s Worldcoin compatible wallet has acquired more than 10 million users. The World App wallet boasts users in more than 160 countries, including 2 million daily active users, its maker Tools for Humanity (TFH) said Thursday in a statement. The uptick in users dovetails with the rollout of new data management tools for users of Worldcoin, the iris-enabled biometric cryptocurrency project founded by OpenAI CEO Sam Altman. "We’re of course thrilled about the milestone, but even more so about the real world impact it represents,” TFH Product Head Tiago Sada said Thursday in a statement. The wallet has averaged 7.1 transactions per second, meaning its transaction speed is roughly on par with that of the most popular self-custodial wallets, TFH said. The World App debuted in May 2023 and amassed roughly 4 million downloads by November of that year. According to the TFH's data, since its inception, the World App has processed more than 70 million total wallet transactions. The wallet's growth comes as Worldcoin debuted on Thursday two new privacy-focused features: A mechanism to revoke permissions for World IDs via permanent iris code deletion and in-person age verification checks at each humanness verification location. $WLD #WLD #Worldcoin
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⭕️ NEW: The Fate of Do Kwon and Terra (LUNA) Becomes Clear – Here is the Latest Information: 🟡 The Montenegrin court once again approved the extradition of Do Kwon, one of the key figures in the Terra (LUNA) cryptocurrency collapse, leaving the final decision to the Minister of Justice Andrej Milovic. This decision came after the local Supreme Court canceled Kwon's extradition to South Korea and restarted the process. 🟡 The Supreme Court of Podgorica ordered Kwon's extradition and stated that the legal requirements for extradition “to South Korea and the United States” had been met. The final decision on extradition will be made by Minister of Justice Andrej Milovic. 🟡 The Supreme Court of Podgorica decided to extradite Kwon in November last year. However, the decision to repeat the extradition examination was made possible by the Supreme Court's decision annulling the previous decision. 🟡 The Supreme Court ruled that the court's jurisdiction was limited to determining whether the legal requirements for extradition were met. Accordingly, the Supreme Court of Podgorica repeated the existing procedure and ordered the extradition of Mr. Kwon. 🟡 While Kwon's appeal process is ongoing, there are observers who believe that Kwon's extradition to the United States has become more likely because Montenegrin Justice Minister Milovic has repeatedly stated that he wants Kwon extradited to the United States. 🟡 Kwon's defense has three days to appeal from the date of receipt of the translated decision of the Supreme Court of Podgorica. It is not yet known whether Kwon will appeal. 🟡 Kwon, who went to Montenegro, was arrested on March 23 last year after his fake passport was discovered at the local airport. Kwon, who was sentenced to four months in prison for using a fake passport, was released from prison on March 23 and transferred to a detention center for foreigners. $LUNC #LUNC #LUNA #TerraLunaClassic
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