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Some Facts About Pepe
Pepe Coin was launched in 2016 by a group of developers inspired by the widespread popularity of the Pepe meme and the growing interest in cryptocurrencies. It started as a meme-based token on the Eth blockchain.
Meme Culture: Pepe Coin capitalizes on the internet meme culture around Pepe the Frog. The Pepe meme has been widely used and adapted by internet communities, especially on platforms such as 4chan, Reddit, and Twitter. The popularity of the meme played a significant role in the initial interest in Pepe Coin.
Tokenomics: Pepe Coin operates as an ERC-20 token on the Ethereum blockchain. ERC-20 is a standard for creating fungible tokens on the Ethereum network. Like many other tokens, Pepe Coin's tokenomics includes features such as supply limits, token burns, and community-driven initiatives.
Community and Development: Pepe Coin has a community-driven development model. Community members contribute to the development, marketing and adoption of the token. The community frequently discusses various aspects of Pepe Coin and its potential applications on social media platforms and forums.
Art and Collectibles: Some versions of Pepe Coin include unique artwork and collectible features. These tokens often come in the form of non-fungible tokens (NFTs) that represent ownership or proof of authenticity of digital assets. NFTs have gained popularity through their use in digital art and collectibles, and some Pepe Coin projects capitalize on this trend.
Market Dynamics: The value of Pepe Coin, like many other cryptocurrencies, is subject to market dynamics. Its price may fluctuate depending on factors such as demand, speculation and broader market trends. However, it is important to note that Pepe Coin is generally viewed more as a novelty or meme token and is not considered a serious investment.
#Binance #PEPEUSDT #si_dar $PEPE
Pepe Coin was launched in 2016 by a group of developers inspired by the widespread popularity of the Pepe meme and the growing interest in cryptocurrencies. It started as a meme-based token on the Eth blockchain.
Meme Culture: Pepe Coin capitalizes on the internet meme culture around Pepe the Frog. The Pepe meme has been widely used and adapted by internet communities, especially on platforms such as 4chan, Reddit, and Twitter. The popularity of the meme played a significant role in the initial interest in Pepe Coin.
Tokenomics: Pepe Coin operates as an ERC-20 token on the Ethereum blockchain. ERC-20 is a standard for creating fungible tokens on the Ethereum network. Like many other tokens, Pepe Coin's tokenomics includes features such as supply limits, token burns, and community-driven initiatives.
Community and Development: Pepe Coin has a community-driven development model. Community members contribute to the development, marketing and adoption of the token. The community frequently discusses various aspects of Pepe Coin and its potential applications on social media platforms and forums.
Art and Collectibles: Some versions of Pepe Coin include unique artwork and collectible features. These tokens often come in the form of non-fungible tokens (NFTs) that represent ownership or proof of authenticity of digital assets. NFTs have gained popularity through their use in digital art and collectibles, and some Pepe Coin projects capitalize on this trend.
Market Dynamics: The value of Pepe Coin, like many other cryptocurrencies, is subject to market dynamics. Its price may fluctuate depending on factors such as demand, speculation and broader market trends. However, it is important to note that Pepe Coin is generally viewed more as a novelty or meme token and is not considered a serious investment.
#Binance #PEPEUSDT #si_dar $PEPE
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Important Developments of the Week
On #Monday, the SEC will respond in the Ripple case.
#Robinhoodearnings report will be announced after the US Stock Exchange closes on Tuesday.
Applications for US unemployment benefits will be announced at 15:30 on #Thursday.
Türkiye's unemployment rate will be announced at 10:00.
On#FridayEigenlayer will launch the EIGEN token.
Binance exchange will completely withdraw from Russia.
#Binance #XRP #si_dar $BTC $XRP
On #Monday, the SEC will respond in the Ripple case.
#Robinhoodearnings report will be announced after the US Stock Exchange closes on Tuesday.
Applications for US unemployment benefits will be announced at 15:30 on #Thursday.
Türkiye's unemployment rate will be announced at 10:00.
On#FridayEigenlayer will launch the EIGEN token.
Binance exchange will completely withdraw from Russia.
#Binance #XRP #si_dar $BTC $XRP
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Sei V2 Successfully Passed the Security Audit by Zellic, Full Report Will Be Released Soon
According to Foresight News, L1 Blockchain's Sei announced that Sei v2 has successfully passed the security audit conducted by Zellic, a security company. A comprehensive report will then be published. No further details about the audit or the upcoming report were given in the announcement.#Binance #sei #si_dar $SEI
According to Foresight News, L1 Blockchain's Sei announced that Sei v2 has successfully passed the security audit conducted by Zellic, a security company. A comprehensive report will then be published. No further details about the audit or the upcoming report were given in the announcement.#Binance #sei #si_dar $SEI
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Cryptocurrency Market Witnessed Liquidation of $98.47 Million in 24 Hours
According to Foresight News, data from Coinglass shows that the cryptocurrency market has seen liquidations of approximately $98.47 million in the last 24 hours. This includes $76.58 million from long positions and $21.88 million from short positions.
The data also reveals that Bitcoin accounted for approximately $16.08 million of the liquidated amount, while Ethereum and SOL contributed approximately $24.33 million and $4.69 million respectively. This significant liquidation event reflects the volatile nature of the cryptocurrency market.#ScamRiskWarning #Bitcoin #si_dar $BTC $ETH $BNB
According to Foresight News, data from Coinglass shows that the cryptocurrency market has seen liquidations of approximately $98.47 million in the last 24 hours. This includes $76.58 million from long positions and $21.88 million from short positions.
The data also reveals that Bitcoin accounted for approximately $16.08 million of the liquidated amount, while Ethereum and SOL contributed approximately $24.33 million and $4.69 million respectively. This significant liquidation event reflects the volatile nature of the cryptocurrency market.#ScamRiskWarning #Bitcoin #si_dar $BTC $ETH $BNB
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Meme Coin Industry Sees Significant Growth
According to CryptoPotato, the meme coin industry has seen significant growth, led by Dogecoin (DOGE) and Shiba Inu (SHIB). Newer tokens like Dogwifhat (WIF) and Pepe (PEPE) are also gaining traction due to strong community support. Analysts are optimistic about the potential of this sector, especially in the wake of the Bitcoin halving, which has historically triggered market volatility.
The meme coin industry made significant progress during the last bull cycle, with its market cap briefly exceeding $60 billion. This growth is largely due to popular assets like DOGE and SHIB, which continue to trend among investors. Newer tokens are also gaining popularity, including WIF, Bonk Inu (BONK), and PEPE. Currently, DOGE and SHIB account for more than 60% of the industry's market cap, and they are the only meme coins worth over $10 billion.
WIF and PEPE are some of the meme coins that have gained a solid supporter base. The Dogwifhat community recently raised $650,000 to put the token's logo on the Sphere, a famous entertainment arena in Las Vegas, Nevada. The token has also received support from prominent industry participants such as Arthur Hayes.
A study a few months ago estimated that Shiba Inu had the strongest community base among meme coins, with DOGE and PEPE rounding out the top three. The frog-themed digital asset currently has a market cap of over $3 billion, making it a significant contender among the majors.#DOGE🔥🔥 #PEPE❤️ #SHIB🔥🔥 $PEPE $DOGE $SHIB
According to CryptoPotato, the meme coin industry has seen significant growth, led by Dogecoin (DOGE) and Shiba Inu (SHIB). Newer tokens like Dogwifhat (WIF) and Pepe (PEPE) are also gaining traction due to strong community support. Analysts are optimistic about the potential of this sector, especially in the wake of the Bitcoin halving, which has historically triggered market volatility.
The meme coin industry made significant progress during the last bull cycle, with its market cap briefly exceeding $60 billion. This growth is largely due to popular assets like DOGE and SHIB, which continue to trend among investors. Newer tokens are also gaining popularity, including WIF, Bonk Inu (BONK), and PEPE. Currently, DOGE and SHIB account for more than 60% of the industry's market cap, and they are the only meme coins worth over $10 billion.
WIF and PEPE are some of the meme coins that have gained a solid supporter base. The Dogwifhat community recently raised $650,000 to put the token's logo on the Sphere, a famous entertainment arena in Las Vegas, Nevada. The token has also received support from prominent industry participants such as Arthur Hayes.
A study a few months ago estimated that Shiba Inu had the strongest community base among meme coins, with DOGE and PEPE rounding out the top three. The frog-themed digital asset currently has a market cap of over $3 billion, making it a significant contender among the majors.#DOGE🔥🔥 #PEPE❤️ #SHIB🔥🔥 $PEPE $DOGE $SHIB
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Meme Coin Sector Sees Significant Growth, Analysts Remain Optimistic
According to CryptoPotato, the meme coin industry has seen significant growth, led by Dogecoin (DOGE) and Shiba Inu (SHIB). Newer tokens like Dogwifhat (WIF) and Pepe (PEPE) are also gaining traction due to strong community support. Analysts are optimistic about the potential of this sector, especially in the wake of the Bitcoin halving, which has historically triggered market volatility. The meme coin sector made significant progress during the last bull cycle, with its market cap briefly exceeding $60 billion. This growth is largely due to popular assets like DOGE and SHIB, which continue to trend among investors. Newer tokens are also gaining popularity, including WIF, Bonk Inu (BONK), and PEPE. Currently, DOGE and SHIB account for more than 60% of the industry's market cap, and they are the only meme coins to surpass $10 billion.AI-powered chatbot ChatGPT was asked if another meme coin could reach this milestone. It is predicted that success will be achieved through strong community support, viral social media presence and increased investor interest. WIF and PEPE are some of the meme coins that have gained a solid supporter base. The Dogwifhat community recently raised $650,000 to put the token's logo on the Sphere, a famous entertainment arena in Las Vegas, Nevada. The token has also received support from prominent industry participants such as Arthur Hayes. A study conducted a few months ago estimated that Shiba Inu has the strongest community base among meme coins, with DOGE and PEPE rounding out the top three. The frog-themed digital asset currently has a market cap of over $3 billion, making it a major contender among the majors. Analysts are optimistic that the meme coin industry will continue to thrive during the bull cycle. One contributing factor could be the recent Bitcoin halving, which has historically heralded a major revival in the entire cryptocurrency industry. Shiba Inu in particular is poised for price growth in the near future due to its aggressive burning mechanism, development of layer-2 scaling solution Shibarium, and predominantly negative SHIB exchange net flow on a weekly scale.#pepe #SHIB <t-15 />#Bonk #si_dar $PEPE $DOGE $SHIB
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XRP Reaches a New High in Millionaire Addresses, SEC Postpones Ethereum ETF Decision, and Nakamoto's Last Bitcoin Remarks Are Recalled
According to U.Today, the number of addresses holding at least one million XRP has reached an all-time high, according to an April 23 post from Santiment. That figure now stands at 2,013, just one wallet short of surpassing the previous figure. The record was broken in June 2023. This increase in millionaire addresses coincided with a significant price increase for the token; This surge nearly doubled its value within a month, reaching nearly $1 per token. Such an increase was last observed in June 2023, when XRP was declared a non-security in the SEC v. Ripple case, leading to an increase in the token price.
Despite approving a large number of applications for spot Bitcoin ETFs in January, the SEC's chances of accepting spot Ethereum ETF applications remain slim.
April 23, 2011 marks an important date in Bitcoin history. On this day 13 years ago, Satoshi Nakamoto, the elusive creator of the cryptocurrency, sent his final message about the Bitcoin ecosystem. This event took place just four months after Nakamoto's last press release in December 2010. 'I moved on to other things. Gavin and everyone else were in good hands, Nakamoto wrote in emails later made public by former Bitcoin Core engineer Mike Hearn. The reasons for Nakamoto's departure from the project remain a subject of speculation, with theories ranging from external pressures such as the CIA investigation into Gavin Andresen, a prominent member of the cryptography community, to attempts to align Bitcoin with projects such as WikiLeaks donations.#etf #xrp $XRP
According to U.Today, the number of addresses holding at least one million XRP has reached an all-time high, according to an April 23 post from Santiment. That figure now stands at 2,013, just one wallet short of surpassing the previous figure. The record was broken in June 2023. This increase in millionaire addresses coincided with a significant price increase for the token; This surge nearly doubled its value within a month, reaching nearly $1 per token. Such an increase was last observed in June 2023, when XRP was declared a non-security in the SEC v. Ripple case, leading to an increase in the token price.
Despite approving a large number of applications for spot Bitcoin ETFs in January, the SEC's chances of accepting spot Ethereum ETF applications remain slim.
April 23, 2011 marks an important date in Bitcoin history. On this day 13 years ago, Satoshi Nakamoto, the elusive creator of the cryptocurrency, sent his final message about the Bitcoin ecosystem. This event took place just four months after Nakamoto's last press release in December 2010. 'I moved on to other things. Gavin and everyone else were in good hands, Nakamoto wrote in emails later made public by former Bitcoin Core engineer Mike Hearn. The reasons for Nakamoto's departure from the project remain a subject of speculation, with theories ranging from external pressures such as the CIA investigation into Gavin Andresen, a prominent member of the cryptography community, to attempts to align Bitcoin with projects such as WikiLeaks donations.#etf #xrp $XRP
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Consensys Sues SEC Over Ethereum Authority, Fearing Innovation Stagnation
According to Bloomberg, Consensys, a crypto software company, filed the lawsuit in a federal court in Texas. The firm argues that if the Securities and Exchange Commission (SEC) is allowed to exercise jurisdiction over Ethereum and its digital token Ether, it could potentially halt the blockchain and thus 'cripple one of the internet's greatest innovations'. This lawsuit was filed at a time when Consensys was under increasing scrutiny.
In the lawsuit, Consensys is seeking a court ruling that Ether is not a security and therefore should not fall under the jurisdiction of the SEC. The company was founded by Joseph Lubin, who is also the co-founder of Ethereum. However, the SEC declined to comment on the case.
The lawsuit is officially filed against Consensys Software Inc. etc. SEC is known as 4:24-cv-00369 and is being heard in the U.S. District Court for the Northern District of Texas in Fort Worth.#SEC. #ethetf #Binance $ETH
According to Bloomberg, Consensys, a crypto software company, filed the lawsuit in a federal court in Texas. The firm argues that if the Securities and Exchange Commission (SEC) is allowed to exercise jurisdiction over Ethereum and its digital token Ether, it could potentially halt the blockchain and thus 'cripple one of the internet's greatest innovations'. This lawsuit was filed at a time when Consensys was under increasing scrutiny.
In the lawsuit, Consensys is seeking a court ruling that Ether is not a security and therefore should not fall under the jurisdiction of the SEC. The company was founded by Joseph Lubin, who is also the co-founder of Ethereum. However, the SEC declined to comment on the case.
The lawsuit is officially filed against Consensys Software Inc. etc. SEC is known as 4:24-cv-00369 and is being heard in the U.S. District Court for the Northern District of Texas in Fort Worth.#SEC. #ethetf #Binance $ETH
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Shiba Inu Breast Rate Rises Amid Market Slump
According to CryptoPotato, the burn rate of the popular meme coin Shiba Inu has seen a significant increase in an attempt to reduce the circulating supply of the asset and increase its value over time. Despite this, the price of the Shiba Inu remains low due to the current market downturn. The team behind Shiba Inu continues to remove a significant number of tokens from circulation; data shows a nearly 500% increase in burn rate in the last 24 hours, and a 193% increase on a weekly basis. This resulted in the destruction of over 774 million SHIB assets.
The ultimate goal of this program is to reduce the coin's wide supply, making it more scarce and potentially more valuable in the future. The burn rate increased by a whopping 50,000% in April, and the number of tokens removed from circulation during March exceeded 15.5 billion, an increase of 2,300% compared to February. However, despite these efforts, the price of Shiba Inu has fallen by 8% in the last 24 hours and 25% in the week, according to data from CoinGecko. This decline parallels a broader market downturn in which Bitcoin, Ethereum, Solana, Dogecoin and some other cryptocurrencies have also lost value.
Another factor that could positively impact SHIB's future value is the advancement of layer-2 scaling solution Shibarium. This network has experienced a significant revival in recent days, with daily transactions and active accounts increasing. Introduced last summer, Shibarium aims to support the development of meme money by reducing transaction costs, increasing speed, and increasing scalability. Over the past few months, Shibarium has reached many milestones, including surpassing 4 million total blocks on the network and surpassing 400 million total transactions.#Binance #SHIB🔥🔥 #si_dar $SHIB
According to CryptoPotato, the burn rate of the popular meme coin Shiba Inu has seen a significant increase in an attempt to reduce the circulating supply of the asset and increase its value over time. Despite this, the price of the Shiba Inu remains low due to the current market downturn. The team behind Shiba Inu continues to remove a significant number of tokens from circulation; data shows a nearly 500% increase in burn rate in the last 24 hours, and a 193% increase on a weekly basis. This resulted in the destruction of over 774 million SHIB assets.
The ultimate goal of this program is to reduce the coin's wide supply, making it more scarce and potentially more valuable in the future. The burn rate increased by a whopping 50,000% in April, and the number of tokens removed from circulation during March exceeded 15.5 billion, an increase of 2,300% compared to February. However, despite these efforts, the price of Shiba Inu has fallen by 8% in the last 24 hours and 25% in the week, according to data from CoinGecko. This decline parallels a broader market downturn in which Bitcoin, Ethereum, Solana, Dogecoin and some other cryptocurrencies have also lost value.
Another factor that could positively impact SHIB's future value is the advancement of layer-2 scaling solution Shibarium. This network has experienced a significant revival in recent days, with daily transactions and active accounts increasing. Introduced last summer, Shibarium aims to support the development of meme money by reducing transaction costs, increasing speed, and increasing scalability. Over the past few months, Shibarium has reached many milestones, including surpassing 4 million total blocks on the network and surpassing 400 million total transactions.#Binance #SHIB🔥🔥 #si_dar $SHIB
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Polygon Laboratories Received ISO 27001 Certificate
According to Foresight News, Polygon Labs announced that it received ISO 27001 certification. This certification was externally audited by Schellman Compliance, LLC, verifying that the Information Security Management System (ISMS) meets ISO standards.
ISO 27001 is a globally recognized international standard for information security management. It defines the requirements for establishing, implementing, maintaining and continuously improving an ISMS. Polygon Labs' certification demonstrates its commitment to maintaining high standards of information security.$MATIC #Binance #Polygon #si_dar
According to Foresight News, Polygon Labs announced that it received ISO 27001 certification. This certification was externally audited by Schellman Compliance, LLC, verifying that the Information Security Management System (ISMS) meets ISO standards.
ISO 27001 is a globally recognized international standard for information security management. It defines the requirements for establishing, implementing, maintaining and continuously improving an ISMS. Polygon Labs' certification demonstrates its commitment to maintaining high standards of information security.$MATIC #Binance #Polygon #si_dar
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Open Campus Launches L3 Product EDU Chain to Establish Education Ecosystem
Web3 education platform Open Campus has announced the launch of its L3 product, EDU Chain, according to Foresight News. The platform plans to establish an ecosystem on EDU Chain to create a 'learn, own, earn' education model. This innovative approach aims to revolutionize the traditional learning system by integrating it with the digital world. Details of the implementation and the expected impact of this new model have not yet been announced.#btc #si_dar $EDU
Web3 education platform Open Campus has announced the launch of its L3 product, EDU Chain, according to Foresight News. The platform plans to establish an ecosystem on EDU Chain to create a 'learn, own, earn' education model. This innovative approach aims to revolutionize the traditional learning system by integrating it with the digital world. Details of the implementation and the expected impact of this new model have not yet been announced.#btc #si_dar $EDU
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Ripple's XRP Sees Modest Upside, Analysts Predict Potential Upside
According to CryptoPotato, Ripple's XRP cryptocurrency has experienced a modest daily increase of 2% and is currently worth around $0.61. Market analysts predict that the asset could rise if it clears the $0.75 resistance. XRP price's upcoming Ripple vs. It is also expected to be affected by the SEC hearing.
On April 8, the cryptocurrency market saw another significant rise as Bitcoin briefly broke the $72,500 mark. Ripple's XRP also made gains, although they were less impressive than its rivals. The asset is currently worth almost $0.61, representing a 2% increase on a daily scale.
Many bullish analysts who frequently observe XRP's movements predict that this is the starting point of a significant future rise. An analyst named EGRAG CRYPTO claimed that the price trend of the asset forms the so-called 'three humps' line. The analyst believes that a break above the key resistance level of $0.75 could lead to “bullish momentum” and an eventual bounce to the $1-1.30 range. Another analyst, Dark Defender, suggested that XRP is currently at a “jump point” and predicted that it will “definitely gain value against BTC very soon.”#Binance #xrp #si_dar $XRP
According to CryptoPotato, Ripple's XRP cryptocurrency has experienced a modest daily increase of 2% and is currently worth around $0.61. Market analysts predict that the asset could rise if it clears the $0.75 resistance. XRP price's upcoming Ripple vs. It is also expected to be affected by the SEC hearing.
On April 8, the cryptocurrency market saw another significant rise as Bitcoin briefly broke the $72,500 mark. Ripple's XRP also made gains, although they were less impressive than its rivals. The asset is currently worth almost $0.61, representing a 2% increase on a daily scale.
Many bullish analysts who frequently observe XRP's movements predict that this is the starting point of a significant future rise. An analyst named EGRAG CRYPTO claimed that the price trend of the asset forms the so-called 'three humps' line. The analyst believes that a break above the key resistance level of $0.75 could lead to “bullish momentum” and an eventual bounce to the $1-1.30 range. Another analyst, Dark Defender, suggested that XRP is currently at a “jump point” and predicted that it will “definitely gain value against BTC very soon.”#Binance #xrp #si_dar $XRP
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Bitcoin Miners Face Challenges as Rewards Halve
Bitcoin miners are preparing for a significant drop in rewards per block, which will be halved from 6.25 BTC to 3,125 BTC at the end of this month, according to Blockworks. This fourth halving event in network history could pose a significant challenge to even the best-equipped mining firms, potentially further weakening the already slim profit margins of home-based miners.
For miners, the situation is quite simple: If the halving increases the price of Bitcoin, their investment is justified. But if this doesn't happen, small miners could face idle ASICs, high energy bills and little chance of recouping their costs. Some home-based miners shared their concerns on the r/BitcoinMining subreddit, stating that Bitcoin would need to halve or reach between $70,000 and $140,000 to maintain current profit margins after the halving.
#Bitcoin #btc #Binance #si_dar $BTC
Bitcoin miners are preparing for a significant drop in rewards per block, which will be halved from 6.25 BTC to 3,125 BTC at the end of this month, according to Blockworks. This fourth halving event in network history could pose a significant challenge to even the best-equipped mining firms, potentially further weakening the already slim profit margins of home-based miners.
For miners, the situation is quite simple: If the halving increases the price of Bitcoin, their investment is justified. But if this doesn't happen, small miners could face idle ASICs, high energy bills and little chance of recouping their costs. Some home-based miners shared their concerns on the r/BitcoinMining subreddit, stating that Bitcoin would need to halve or reach between $70,000 and $140,000 to maintain current profit margins after the halving.
#Bitcoin #btc #Binance #si_dar $BTC
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Aave Community Votes in Favor of Adding Support for Renzo Protocol and EzETH on Ethereum
According to Foresight News, the Aave community voted in favor of a proposal to add support for the Renzo Protocol and its ezETH on Ethereum. The decision was made visible on the Snapshot management page. Referred to as the 'temperature control proposal', it aimed to expand lending support in Aave V3 on the Ethereum platform. The addition of the Renzo Protocol and ezETH is expected to increase the functionality and utility of the Aave V3 platform.$ETH $AAVE #Binance #si_dar #
According to Foresight News, the Aave community voted in favor of a proposal to add support for the Renzo Protocol and its ezETH on Ethereum. The decision was made visible on the Snapshot management page. Referred to as the 'temperature control proposal', it aimed to expand lending support in Aave V3 on the Ethereum platform. The addition of the Renzo Protocol and ezETH is expected to increase the functionality and utility of the Aave V3 platform.$ETH $AAVE #Binance #si_dar #
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Cryptocurrency Update: Cardano, Solana and Dogecoin Experience Price Drops
According to U.Today, Cardano's price dropped to $0.5686 following the recent correction and breakout from the 50 Exponential Moving Average (EMA). This significant decline pushed the price below the 21-day EMA at $0.6576, indicating a loss of momentum. However, Cardano has the potential to find support at $0.52, where the 200-day EMA could provide strong support. For growth, Cardano needs to rise above the $0.58 level; The next target is the 50-day EMA at $0.6352. Cardano's future now depends on whether it can stay above the $0.52 support level.
Solana, who once targeted $200, saw his goals fall through as the market began to decline. Currently, the price stands at $171.49, a significant decline from its previous target. Solana struggled to sustain its bullish momentum, facing consistent resistance and failing to sustain the rise towards the $200 level. A decline below the $180 support level suggests that buyer enthusiasm is waning. For growth, Solana needs to find support at the 50-day EMA at $159.40. If this level cannot be maintained, a decline towards the 100-day EMA at $132.62 could be on the horizon, confirming fears of a significant reversal in Solana's fortunes.
Dogecoin also experienced a significant decline. The current price puts Dogecoin at $0.17, down 20% from $0.22. This decline pushed Dogecoin below the 50-day EMA at $0.1489, indicating that the uptrend is fading. For growth, Dogecoin must surpass the $0.1489 level and remain stable above this 50-day EMA. The next level to watch is the 21-day EMA near $0.18; this could indicate a regain of strength and potential price increase.#Binance #Write2Earrn $ADA $DOGE #si_dar
According to U.Today, Cardano's price dropped to $0.5686 following the recent correction and breakout from the 50 Exponential Moving Average (EMA). This significant decline pushed the price below the 21-day EMA at $0.6576, indicating a loss of momentum. However, Cardano has the potential to find support at $0.52, where the 200-day EMA could provide strong support. For growth, Cardano needs to rise above the $0.58 level; The next target is the 50-day EMA at $0.6352. Cardano's future now depends on whether it can stay above the $0.52 support level.
Solana, who once targeted $200, saw his goals fall through as the market began to decline. Currently, the price stands at $171.49, a significant decline from its previous target. Solana struggled to sustain its bullish momentum, facing consistent resistance and failing to sustain the rise towards the $200 level. A decline below the $180 support level suggests that buyer enthusiasm is waning. For growth, Solana needs to find support at the 50-day EMA at $159.40. If this level cannot be maintained, a decline towards the 100-day EMA at $132.62 could be on the horizon, confirming fears of a significant reversal in Solana's fortunes.
Dogecoin also experienced a significant decline. The current price puts Dogecoin at $0.17, down 20% from $0.22. This decline pushed Dogecoin below the 50-day EMA at $0.1489, indicating that the uptrend is fading. For growth, Dogecoin must surpass the $0.1489 level and remain stable above this 50-day EMA. The next level to watch is the 21-day EMA near $0.18; this could indicate a regain of strength and potential price increase.#Binance #Write2Earrn $ADA $DOGE #si_dar
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Shiba Inu Struggles to Ride Up in Bear Market
According to U.Today, Shiba Inu, a popular digital currency, attempted a recovery on April 3 but was unable to sustain its rise due to the bearish market. Despite a 4% increase in intraday trading, the cryptocurrency is currently valued at $0.00002651, marking a 2.18% decline in the last 24 hours.
Market watchers are now looking for the price floor that could allow the Shiba Inu to recover. Last week, the $0.000026 price point acted as a strong support level for the token, with three significant recoveries occurring at this level. Considering the monthly growth trend, the new support level is currently at $0.000024. Despite the noticeable decline in price, Shiba Inu is trading above this level, indicating that the meme coin still has a slight retracement gap before reaching the price bottom.
The current trend is crucial for Shiba Inu as a defined consolidation phase is required to break the $0.00003 resistance point. To achieve this, the Shiba Inu will need to rely on the strength of their whales and utilize key ecosystem metrics such as burn rate to chart an upward path forward.
The slow-paced growth of Shiba Inu is influenced by the general market trend. The future of the market remains uncertain, with the Bitcoin price falling 5.93% to $66,205 last week. However, the Shiba Inu's confidence in the power of the community and the potential of the Shibarium protocol kept buyers interested, with many opting to buy the dip.#Binance #SHIB🔥🔥#si_dar $SHIB
According to U.Today, Shiba Inu, a popular digital currency, attempted a recovery on April 3 but was unable to sustain its rise due to the bearish market. Despite a 4% increase in intraday trading, the cryptocurrency is currently valued at $0.00002651, marking a 2.18% decline in the last 24 hours.
Market watchers are now looking for the price floor that could allow the Shiba Inu to recover. Last week, the $0.000026 price point acted as a strong support level for the token, with three significant recoveries occurring at this level. Considering the monthly growth trend, the new support level is currently at $0.000024. Despite the noticeable decline in price, Shiba Inu is trading above this level, indicating that the meme coin still has a slight retracement gap before reaching the price bottom.
The current trend is crucial for Shiba Inu as a defined consolidation phase is required to break the $0.00003 resistance point. To achieve this, the Shiba Inu will need to rely on the strength of their whales and utilize key ecosystem metrics such as burn rate to chart an upward path forward.
The slow-paced growth of Shiba Inu is influenced by the general market trend. The future of the market remains uncertain, with the Bitcoin price falling 5.93% to $66,205 last week. However, the Shiba Inu's confidence in the power of the community and the potential of the Shibarium protocol kept buyers interested, with many opting to buy the dip.#Binance #SHIB🔥🔥#si_dar $SHIB
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Ancient Dogecoin Whale Resurfaces and Starts Trading After a Decade of Dormancy
A dormant Dogecoin (DOGE) whale has reemerged in the cryptocurrency market after a decade-long absence, according to U.Today. The whale, which owns 3.7 million DOGE worth approximately $662,519, recently opened transactions for the first time since January 2014. The unexpected return of this investor, who had been inactive for a long time, attracted great attention in the crypto community, especially since it coincided with 2014. DOGE Day is approaching on April 20, a date of cultural significance for Dogecoin enthusiasts.
Historically, the reemergence of dormant whales like this has been met with speculation about potential market impacts. Similar examples involving participants from past Initial Coin Offerings (ICOs), particularly on Ethereum, have led crypto enthusiasts to closely monitor market dynamics in the wake of such events. This resurgence comes amidst Dogecoin's recent surge in popularity, cementing its position as the eighth-largest cryptocurrency in terms of market cap, currently valued at $25.5 billion, with each token priced at $0.17.
However, despite this renewed interest, Dogecoin faced volatility in April, experiencing a 19.2% drop in price in the last four days. This decline contrasts with the significant growth observed from February to March, when Dogecoin's value increased by 180%. As the ancient Dogecoin whale returns to active trading, the cryptocurrency community awaits further developments and evaluates its potential impact on market trends, especially as the highly anticipated DOGE Day approaches. The return of the ancient DOGE whale certainly adds a layer of intrigue to the evolving narrative surrounding the popular meme-based cryptocurrency.#Binance #DOGE $DOGE
A dormant Dogecoin (DOGE) whale has reemerged in the cryptocurrency market after a decade-long absence, according to U.Today. The whale, which owns 3.7 million DOGE worth approximately $662,519, recently opened transactions for the first time since January 2014. The unexpected return of this investor, who had been inactive for a long time, attracted great attention in the crypto community, especially since it coincided with 2014. DOGE Day is approaching on April 20, a date of cultural significance for Dogecoin enthusiasts.
Historically, the reemergence of dormant whales like this has been met with speculation about potential market impacts. Similar examples involving participants from past Initial Coin Offerings (ICOs), particularly on Ethereum, have led crypto enthusiasts to closely monitor market dynamics in the wake of such events. This resurgence comes amidst Dogecoin's recent surge in popularity, cementing its position as the eighth-largest cryptocurrency in terms of market cap, currently valued at $25.5 billion, with each token priced at $0.17.
However, despite this renewed interest, Dogecoin faced volatility in April, experiencing a 19.2% drop in price in the last four days. This decline contrasts with the significant growth observed from February to March, when Dogecoin's value increased by 180%. As the ancient Dogecoin whale returns to active trading, the cryptocurrency community awaits further developments and evaluates its potential impact on market trends, especially as the highly anticipated DOGE Day approaches. The return of the ancient DOGE whale certainly adds a layer of intrigue to the evolving narrative surrounding the popular meme-based cryptocurrency.#Binance #DOGE $DOGE
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Grayscale Solana Trust Sees Unprecedented Value Rise Amid Institutional Interest
According to U.Today, Grayscale Solana Trust (GSOL) has experienced a significant increase in value, indicating a bullish sentiment towards Solana (SOL) among institutional investors. Nic Puckrin, CEO and co-founder of The Coin Bureau, recently noted the impressive premium at which GSOL shares are trading compared to SOL's actual spot price. Puckrin's tweet revealed that GSOL was trading at a staggering $433, while Grayscale's February fact sheet shows that each share of the trust held approximately 0.377 SOL. This represents a premium of 5.8 times the reported spot price of $1,148 and demonstrates strong institutional demand for Solana.
The high premium at which GSOL is trading reflects growing institutional interest in cryptocurrencies as legitimate investment vehicles. Institutions are increasingly turning to digital assets like Solana, which offer not only significant growth potential but also diversification benefits for their investment portfolios. The premium in GSOL shares indicates that institutional investors are willing to pay more than the current market price for direct exposure to SOL, highlighting bullish expectations for the asset's future performance. This increase in institutional attractiveness is supported by Solana's solid performance in the crypto market. The digital currency has been in an uptrend with its current trading price of $197.02, indicating a slight increase of 0.15% in the last 24 hours and a significant jump of 45.25% in the past month. Additionally, SOL's trading volume increased by 45.81%, reaching $3,198,145,736; This shows that interest and liquidity in the Solana market has increased.
Its performance in terms of both price and technological developments has made it a focal point for those looking to invest in the digital asset market.#solona $SOL
According to U.Today, Grayscale Solana Trust (GSOL) has experienced a significant increase in value, indicating a bullish sentiment towards Solana (SOL) among institutional investors. Nic Puckrin, CEO and co-founder of The Coin Bureau, recently noted the impressive premium at which GSOL shares are trading compared to SOL's actual spot price. Puckrin's tweet revealed that GSOL was trading at a staggering $433, while Grayscale's February fact sheet shows that each share of the trust held approximately 0.377 SOL. This represents a premium of 5.8 times the reported spot price of $1,148 and demonstrates strong institutional demand for Solana.
The high premium at which GSOL is trading reflects growing institutional interest in cryptocurrencies as legitimate investment vehicles. Institutions are increasingly turning to digital assets like Solana, which offer not only significant growth potential but also diversification benefits for their investment portfolios. The premium in GSOL shares indicates that institutional investors are willing to pay more than the current market price for direct exposure to SOL, highlighting bullish expectations for the asset's future performance. This increase in institutional attractiveness is supported by Solana's solid performance in the crypto market. The digital currency has been in an uptrend with its current trading price of $197.02, indicating a slight increase of 0.15% in the last 24 hours and a significant jump of 45.25% in the past month. Additionally, SOL's trading volume increased by 45.81%, reaching $3,198,145,736; This shows that interest and liquidity in the Solana market has increased.
Its performance in terms of both price and technological developments has made it a focal point for those looking to invest in the digital asset market.#solona $SOL
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