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Pepe's big rebound: a look at the frog meme family tree and the culture behind it
As BTC stopped falling, the Meme sector, which had been silent for a while, finally couldn't hold back and began to rebound. The first to be hit was the top Memecoin $Pepe. However, this time, many "family members" also rebounded along with $Pepe.
The popularity of Memecoin has continued to spread this year, and Pepe alone can no longer meet the market's hype needs. As a result, various small frogs that had not been subdivided before and were collectively called Pepe were also picked out by the market and transformed into various new Memecoins.
The senior has taken stock of the popular Pepe family members’ eponymous tokens in the current market, and will give you a deep understanding of the native frog Meme cultural system.
The popularity of Memecoin has continued to spread this year, and Pepe alone can no longer meet the market's hype needs. As a result, various small frogs that had not been subdivided before and were collectively called Pepe were also picked out by the market and transformed into various new Memecoins.
The senior has taken stock of the popular Pepe family members’ eponymous tokens in the current market, and will give you a deep understanding of the native frog Meme cultural system.
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Memes Market Reaches New Highs: How to Balance Liquidity and Risk?
Memes are the leitmotif of this cycle. WIF and PEPE had a glorious time together, constantly setting records and creating climaxes. However, with DeFi and other fundamental narratives regaining dominance, is the game over for memes? Let's find out through several indicators.
Memes dominate
In the current cryptocurrency cycle, Memes is undoubtedly one of the focuses. Although Memes’ dominance in the major altcoin markets has declined recently, it does not mean that the Memes game is over. From many perspectives, the Memes market still has its unique vitality and potential.
Memes dominate
In the current cryptocurrency cycle, Memes is undoubtedly one of the focuses. Although Memes’ dominance in the major altcoin markets has declined recently, it does not mean that the Memes game is over. From many perspectives, the Memes market still has its unique vitality and potential.
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"Caitlyn Jenner MEME coin incident: the mental journey of retail investors! Hot discussions, twists and turns, confusion, the coin price has been ups and downs!
With the launch of ETFs, players’ expectations for altcoins on ETH have continued to grow.
The rising price of ETH continues to ignite the altcoin market. Coupled with the positive attitude towards cryptocurrencies shown in the US election, the already lively MEME track continues to be a carnival. The iteration speed of new MEME topics even exceeds the speed at which people change their positions and exchange coins.
Today, the market was dominated by the MEME coin $Jenner launched by Caitlyn Jenner, the stepfather of the American internet celebrity Kardashian sisters. From Pump.fun to the secondary market, the thousand-fold increase is amazing.
After understanding the whole story, we found that the whole thing developed quite a drama:
The rising price of ETH continues to ignite the altcoin market. Coupled with the positive attitude towards cryptocurrencies shown in the US election, the already lively MEME track continues to be a carnival. The iteration speed of new MEME topics even exceeds the speed at which people change their positions and exchange coins.
Today, the market was dominated by the MEME coin $Jenner launched by Caitlyn Jenner, the stepfather of the American internet celebrity Kardashian sisters. From Pump.fun to the secondary market, the thousand-fold increase is amazing.
After understanding the whole story, we found that the whole thing developed quite a drama:
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Trump and Jenner lead the new wave of Meme coins and NFT!
First Trump sold NFTs, and then Jenner, the eldest dad of the Kardashian family, started Pump.fun to sell Meme coins... The last time celebrities from all walks of life rushed into the crypto industry was the NFT craze from 2021 to 2022; and now, just like the "everything can be NFT" in the past, the Meme coin craze is expected to take over NFT and become a new battlefield for countless celebrities, KOLs, anonymous teams, etc. to open the market and reap the rewards.
Analysis of commonalities: Are Memecoin and NFT twin brothers?
In the article "A 3-minute quick look at the history of Meme coins: past and future", we mentioned that Meme coins originated from POW coins after Bitcoin. DOGE, which was born in 2013, is generally regarded as the "first Meme coin", even earlier than the emergence of NFT. Therefore, based on the similarities between the two, in terms of time, Meme coins are the "older brother" and NFT is the "younger brother". In detail, the two have similarities in the following aspects:
Analysis of commonalities: Are Memecoin and NFT twin brothers?
In the article "A 3-minute quick look at the history of Meme coins: past and future", we mentioned that Meme coins originated from POW coins after Bitcoin. DOGE, which was born in 2013, is generally regarded as the "first Meme coin", even earlier than the emergence of NFT. Therefore, based on the similarities between the two, in terms of time, Meme coins are the "older brother" and NFT is the "younger brother". In detail, the two have similarities in the following aspects:
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Base chain TVL exceeds $7 billion, setting a new record
According to L2BEAT data, the total locked-in TVL of Base chain exceeds $7 billion, and is now reported at $7.01 billion, continuing to set a new record, with a 10.58% increase in 7 days. In addition, the current total locked-in volume of Ethereum L2 has reached $46.31 billion, a 1.48% increase in 7 days.
According to L2BEAT data, the total locked-in TVL of Base chain exceeds $7 billion, and is now reported at $7.01 billion, continuing to set a new record, with a 10.58% increase in 7 days. In addition, the current total locked-in volume of Ethereum L2 has reached $46.31 billion, a 1.48% increase in 7 days.
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Ethereum spot ETF approved, analysis of market hot sectors!
Recently, the US SEC officially approved the 19b-4 documents of 8 Ethereum spot ETFs. Although ETF issuers still need to wait for several weeks before the S-1 registration statement takes effect before trading, the approval of this ETF is still a shot in the arm for Ethereum and the crypto market.
Looking back at the current bull market, the price trend of Ethereum is not satisfactory, and the approval news did not allow ETH to break through the previous high. However, the mainstream market view is still optimistic about the long-term trend of ETH. Standard Chartered Bank predicts that ETH will rise to $8,000 by the end of this year. If Ethereum can really replicate the trend of Bitcoin spot ETF, then the sector projects with the highest correlation with it are likely to be the beneficiaries. Today, Golden Finance will take stock of several potential sector projects that are strongly related to the Ethereum narrative (data as of writing).
Looking back at the current bull market, the price trend of Ethereum is not satisfactory, and the approval news did not allow ETH to break through the previous high. However, the mainstream market view is still optimistic about the long-term trend of ETH. Standard Chartered Bank predicts that ETH will rise to $8,000 by the end of this year. If Ethereum can really replicate the trend of Bitcoin spot ETF, then the sector projects with the highest correlation with it are likely to be the beneficiaries. Today, Golden Finance will take stock of several potential sector projects that are strongly related to the Ethereum narrative (data as of writing).
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From Internet celebrity dog to crypto legend: Shiba Inu Kabosu and the MEME culture it leads
Crossed front legs, a cute tilted face, and a pair of determined eyes... This is the emoticon star "Doge" that has been popular around the world for more than a decade. On May 24, the prototype of the celebrity dog "Doge", the Shiba Inu Kabosu - 19-year-old Shiba Inu Kabosu left the world while being caressed by his owner.
For many cryptocurrency enthusiasts, the name "Kabosu" may not be familiar, but Dogecoin must have appeared in their crypto wallets to a greater or lesser extent.
In addition to the world of cryptocurrency, Doge has long been a legendary internet celebrity dog.
For many cryptocurrency enthusiasts, the name "Kabosu" may not be familiar, but Dogecoin must have appeared in their crypto wallets to a greater or lesser extent.
In addition to the world of cryptocurrency, Doge has long been a legendary internet celebrity dog.
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A high-win, low-frequency and stable player on the base chain, mainly focusing on new coins. In the past 30D, a total of 9 positions were opened with a yield of 343%. The two highest returns were 22 times/8 times, of which 1 Pixiu ran away, and the longest holding time was 1H. This address is relatively stable with a very good historical performance and profit-loss ratio, but the possibility of whitelisting is not ruled out! The above is only for reference and the final result is based on the test! #聪明钱地址 #base链
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In the second half of 2020, I accidentally entered the cryptocurrency circle through a friend who mined FIL. I spent tens of thousands of yuan to buy some ETH spot and some cottages. At that time, I only knew how to buy but not sell. In 2021, I happened to encounter a bear market, and the overall spot loss was 69%. Later, in order to recover the cost, I mined Fil, Chia, and BZZ with a few friends. I made money in the early stage, but I still didn’t know how to grasp the selling point. I invested a total of 150,000 yuan in spot cottage mining. When I left, I only had 20,000 yuan left. Since then, I haven’t touched blockchain for two years, because of the pain and blood loss, of course, it made me more awed by this market! From last year to this year, there are still many friends around me who have made a lot of money by rubbing. I also invested an ETH and a computer through a friend, 1 Ethereum, and the airdrop is really limited. There are 30 accounts and 3 wallets. 1 Ethereum needs to be divided into 90 wallets, and there is also a division on the zk network, which is equivalent to one Ethereum divided 120 times. I made 14 times the profit from STRK and got more than 70,000 yuan. After paying off my credit card and foreign debts, I only had 15,000 yuan in cash left.
On April 25, I first learned about smart money through the Internet. I came into contact with it through 3DOGS on the first day, but I really didn’t know how to play it on the first day. I lost 1,200 yuan to pay tuition. I was really scared at that time. I was really afraid of losing money all the time. On the second day, I entered the market with 0.12 eth. It happened that one of the 0.03 eth followed a smart money address with the last number ce268, and I made more than 40 times directly. Now looking back at the two sales before, I was afraid of losing money. At that time, I thought that the principal was the most important thing. Now I make money. Thinking about why I was so timid at that time, it’s funny to think about my former downtrodden self!
Later, I used the money I earned to play a little bit on the ETH chain, hitting a CHKN 11 times and a GLYPH 7.5 times.
Of course, it also has its share of losses, but overall it is profitable, and sometimes you have to follow the market trend.
Later I heard that they have a paid membership group, 9U a month, which gives members some backtested smart money addresses every week. In fact, the most difficult thing is to find the awesome smart money addresses. I paid the annual fee of 108U in one go, anyway, all the money was earned through this tool. Later I saw a bunch of great people in the group, some entered the market with 200U and earned 3000U, some entered the market with 60000U and earned 380000U, and so on.
At present, I have increased my capital from 1500U to 76500 dollars, and my principal has doubled 51 times. After using it for so long, I found that the tool for charging BASE chain can automatically help me eliminate more than 85% of Pixiu addresses, and charging ETH chain can automatically help me eliminate 95% of Pixiu addresses. In addition, the GAS fee of BASE chain is only about 0.03-0.08U, which can be ignored. The more you use it, the smoother it becomes.
The group owner in the member group gives 100-200 smart money addresses that have undergone deep retracements every week, and the group owner himself will follow many addresses to tell us which ones are profitable and which ones are losing money. If there are more than 3 consecutive losses, stop decisively.
Of course, there are a lot of masters in the group. I took a screenshot to show you. It is expected that they can all become masters of A8 and A9 by the end of the year.
But this is the same as playing cards and mahjong. Novices still need a process of learning and paying tuition in the early stage. You can rest early at night, set an alarm clock in the middle of the night, and check the market.
The biggest feeling I've had this month is that the distance between each of us and the Golden Dog is only one smart money away. With 3DOG, you can see the Golden Dog every day!
As an investor who has been working in the cryptocurrency circle for many years, I am happy to share my experience and insights with you. If you are interested in the cryptocurrency circle but don't know how to get started, you might as well follow my homepage. There, we can explore the mysteries of the cryptocurrency circle and the possibilities of the future. Click on my avatar to learn more about me. Looking forward to communicating with you!
On April 25, I first learned about smart money through the Internet. I came into contact with it through 3DOGS on the first day, but I really didn’t know how to play it on the first day. I lost 1,200 yuan to pay tuition. I was really scared at that time. I was really afraid of losing money all the time. On the second day, I entered the market with 0.12 eth. It happened that one of the 0.03 eth followed a smart money address with the last number ce268, and I made more than 40 times directly. Now looking back at the two sales before, I was afraid of losing money. At that time, I thought that the principal was the most important thing. Now I make money. Thinking about why I was so timid at that time, it’s funny to think about my former downtrodden self!
Later, I used the money I earned to play a little bit on the ETH chain, hitting a CHKN 11 times and a GLYPH 7.5 times.
Of course, it also has its share of losses, but overall it is profitable, and sometimes you have to follow the market trend.
Later I heard that they have a paid membership group, 9U a month, which gives members some backtested smart money addresses every week. In fact, the most difficult thing is to find the awesome smart money addresses. I paid the annual fee of 108U in one go, anyway, all the money was earned through this tool. Later I saw a bunch of great people in the group, some entered the market with 200U and earned 3000U, some entered the market with 60000U and earned 380000U, and so on.
At present, I have increased my capital from 1500U to 76500 dollars, and my principal has doubled 51 times. After using it for so long, I found that the tool for charging BASE chain can automatically help me eliminate more than 85% of Pixiu addresses, and charging ETH chain can automatically help me eliminate 95% of Pixiu addresses. In addition, the GAS fee of BASE chain is only about 0.03-0.08U, which can be ignored. The more you use it, the smoother it becomes.
The group owner in the member group gives 100-200 smart money addresses that have undergone deep retracements every week, and the group owner himself will follow many addresses to tell us which ones are profitable and which ones are losing money. If there are more than 3 consecutive losses, stop decisively.
Of course, there are a lot of masters in the group. I took a screenshot to show you. It is expected that they can all become masters of A8 and A9 by the end of the year.
But this is the same as playing cards and mahjong. Novices still need a process of learning and paying tuition in the early stage. You can rest early at night, set an alarm clock in the middle of the night, and check the market.
The biggest feeling I've had this month is that the distance between each of us and the Golden Dog is only one smart money away. With 3DOG, you can see the Golden Dog every day!
As an investor who has been working in the cryptocurrency circle for many years, I am happy to share my experience and insights with you. If you are interested in the cryptocurrency circle but don't know how to get started, you might as well follow my homepage. There, we can explore the mysteries of the cryptocurrency circle and the possibilities of the future. Click on my avatar to learn more about me. Looking forward to communicating with you!
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Coinbase highlighted the importance of regulatory developments on the U.S. cryptocurrency market in its “Weekly Market Commentary” published on May 17.
“Macro factors remain the key driver of cryptocurrency performance, although we believe the main upcoming catalyst is likely to be regulatory driven,” Coinbase said.
Upcoming regulatory events include the U.S. SEC’s decision on the Ethereum spot ETF application, the White House’s possible action on the SEC’s SAB121 repeal bill, and the U.S. House of Representatives’ vote on the 21st Century Financial Innovation and Technology Act (FIT).
Coinbase noted that potential stablecoin legislation, such as the “Lummis-Gillibrand Payment Stablecoin Act,” could also accelerate this adoption cycle. #ETH
“Macro factors remain the key driver of cryptocurrency performance, although we believe the main upcoming catalyst is likely to be regulatory driven,” Coinbase said.
Upcoming regulatory events include the U.S. SEC’s decision on the Ethereum spot ETF application, the White House’s possible action on the SEC’s SAB121 repeal bill, and the U.S. House of Representatives’ vote on the 21st Century Financial Innovation and Technology Act (FIT).
Coinbase noted that potential stablecoin legislation, such as the “Lummis-Gillibrand Payment Stablecoin Act,” could also accelerate this adoption cycle. #ETH
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ETFStore President: SEC likely to approve 19b-4s this week, but S-1 approval will slow down
ETFStore President Nate Geraci said on the X platform that the SEC will make a decision on the spot EthETF this week. The SEC must approve 19b-4s (Exchange rule changes) and S-1s (Registration Statements) before the ETF can launch. Technically, it is possible that the SEC will approve 19b-4s and then slow down the S-1s (especially given the reported lack of participation here).
ETFStore President Nate Geraci said on the X platform that the SEC will make a decision on the spot EthETF this week. The SEC must approve 19b-4s (Exchange rule changes) and S-1s (Registration Statements) before the ETF can launch. Technically, it is possible that the SEC will approve 19b-4s and then slow down the S-1s (especially given the reported lack of participation here).
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Fantom Releases More Details of Sonic Network, FTM Price Rally Continues?
The Fantom Foundation has released more details about its new layer-one blockchain, Sonic Network. This network is connected to Ethereum via a layer-two bridge, allowing Sonic to take advantage of a large number of users, liquidity, and other protocols.
Sonic's connection to Ethereum is achieved through a combination of Sonic Network and Sonic Bridge, which makes Sonic a unique product. It is the first ecosystem that can enjoy the advantages of both layer-one blockchains and native access to Ethereum. This means that Sonic is able to combine the low cost, scalability, and speed of layer-one blockchains with the security of layer-two bridges to provide access to native ETH and other assets on Ethereum.
Sonic technology has undergone intense development and has culminated in an Opera chain upgrade that has increased TPS to 2,000 while significantly reducing storage requirements and costs. As a builder of the next-generation platform, Sonic will drive the thriving development of dApps and communities.
Regarding the transition from $FTM to $S, after the launch of the Sonic chain, the supply of $S will be aligned with the supply of $FTM to facilitate a smooth transition. Users will have the opportunity to migrate their $FTM tokens to the new $S tokens at a 1:1 ratio.
The initial migration process is expected to be bidirectional, allowing users to switch between $FTM and $S tokens, while a bridge will facilitate this two-way exchange to ensure that participants of the current Opera network can seamlessly migrate to the Sonic experience. However, once the transition period is over, the migration will become a one-way migration from $FTM to $S.
The news provides additional impetus for the price of Fantom (FTM), which has already surged strongly over the past week, up nearly 20%, as the protocol's total locked value (TVL) surges.
The Fantom Foundation has released more details about its new layer-one blockchain, Sonic Network. This network is connected to Ethereum via a layer-two bridge, allowing Sonic to take advantage of a large number of users, liquidity, and other protocols.
Sonic's connection to Ethereum is achieved through a combination of Sonic Network and Sonic Bridge, which makes Sonic a unique product. It is the first ecosystem that can enjoy the advantages of both layer-one blockchains and native access to Ethereum. This means that Sonic is able to combine the low cost, scalability, and speed of layer-one blockchains with the security of layer-two bridges to provide access to native ETH and other assets on Ethereum.
Sonic technology has undergone intense development and has culminated in an Opera chain upgrade that has increased TPS to 2,000 while significantly reducing storage requirements and costs. As a builder of the next-generation platform, Sonic will drive the thriving development of dApps and communities.
Regarding the transition from $FTM to $S, after the launch of the Sonic chain, the supply of $S will be aligned with the supply of $FTM to facilitate a smooth transition. Users will have the opportunity to migrate their $FTM tokens to the new $S tokens at a 1:1 ratio.
The initial migration process is expected to be bidirectional, allowing users to switch between $FTM and $S tokens, while a bridge will facilitate this two-way exchange to ensure that participants of the current Opera network can seamlessly migrate to the Sonic experience. However, once the transition period is over, the migration will become a one-way migration from $FTM to $S.
The news provides additional impetus for the price of Fantom (FTM), which has already surged strongly over the past week, up nearly 20%, as the protocol's total locked value (TVL) surges.
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Important developments at noon
1. Genesis is allowed to repay billions of dollars to creditors;
2. Biden may reconsider exercising his veto power to overturn the relevant resolution of SEC SAB 121
3. Founder of Skybridge Capital: Institutions will accelerate Bitcoin adoption in the next few quarters
4. The total asset management scale of Huaxia's two virtual asset ETFs fell below the HK$1 billion mark
5. The Hong Kong Monetary Authority is working with the mainland to study the technical arrangements for P2P transfers of digital RMB
6. People familiar with the matter: Several fund companies expect that the SEC will not approve Ethereum spot ETFs next week
7. Coinbase: This week's platform outage was caused by errors related to the Coinbase Card reward service
8. Former Gala CEO Jason Brink will become a consultant and set up an external organization LFG to help Gala Chain develop.
1. Genesis is allowed to repay billions of dollars to creditors;
2. Biden may reconsider exercising his veto power to overturn the relevant resolution of SEC SAB 121
3. Founder of Skybridge Capital: Institutions will accelerate Bitcoin adoption in the next few quarters
4. The total asset management scale of Huaxia's two virtual asset ETFs fell below the HK$1 billion mark
5. The Hong Kong Monetary Authority is working with the mainland to study the technical arrangements for P2P transfers of digital RMB
6. People familiar with the matter: Several fund companies expect that the SEC will not approve Ethereum spot ETFs next week
7. Coinbase: This week's platform outage was caused by errors related to the Coinbase Card reward service
8. Former Gala CEO Jason Brink will become a consultant and set up an external organization LFG to help Gala Chain develop.
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Arbitrum DAO recently approved an eight-week M&A pilot program proposed by Bernard Schmid, a founding partner of Areta, a company that provides investment banking services to crypto companies. This lays the foundation for Arbitrum DAO to learn from the strategies of large technology companies.
It is reported that Arbitrum DAO has $3 billion in funds. They wrote in the proposal: "In addition to in-depth strategic research on the upside of M&A value, the pilot phase should also serve as a platform for in-depth discussions based on data rather than opinions."
"If the pilot is successful, Schmid plans to propose a more ambitious proposal: establish an M&A department with a pool of $100 million to $250 million and identify and acquire potential targets within two years. The report commented that while large technology companies have long used mergers and acquisitions to drive their rapid growth, this is relatively rare in the crypto field.
It is reported that Arbitrum DAO has $3 billion in funds. They wrote in the proposal: "In addition to in-depth strategic research on the upside of M&A value, the pilot phase should also serve as a platform for in-depth discussions based on data rather than opinions."
"If the pilot is successful, Schmid plans to propose a more ambitious proposal: establish an M&A department with a pool of $100 million to $250 million and identify and acquire potential targets within two years. The report commented that while large technology companies have long used mergers and acquisitions to drive their rapid growth, this is relatively rare in the crypto field.
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Solana上没有貔貅？低级骗术需注意！关乎你的切身利益，必看！
玩过以太坊土狗的朋友一定经历过防不胜防的Rug掏空你的钱包，貔貅盘或说蜜罐就是其中一种。貔貅盘故名思议：一旦购买就无法卖出。
两分钟带你学会识别Solana上的貔貅盘。
📜案例简情：
最近有粉丝说：冲了个sol土狗，一直交易失败。Solscan上显示账户被冻结，用交易机器人卖不了，使用钱包也卖不了。但是依旧能看到代币在DEX上有交易记录。
我浏览器一查Hash，好家伙，真的直接就给账户冻结了，这妥妥的貔貅，DEX上显示能卖的交易几乎都是代币发行者自己的老鼠仓。
案例分析：
以太坊上的代币Mint与Solana有一个很大的不同在于，代币合约的自由度。
以太坊的开发者可以自由编写代币合约。因此我们可以看到以太坊的开发者为了展现透明会选择公开合约，进而能被在Etherscan上查到。但是依旧存在合约中嵌套代理合约或隐藏函数的情况，导致有大量貔貅盘的出现。
其表现形式为：暂停转账，限制两次交易冷却时间；交易黑白名单；交易与转账税费99%；无法完全卖出代币等。
而Solana上绝大多数开发者使用的是官方合约“TokenProgram”。但是查阅开发文档，我们可以清楚地看到官方合
两分钟带你学会识别Solana上的貔貅盘。
📜案例简情：
最近有粉丝说：冲了个sol土狗，一直交易失败。Solscan上显示账户被冻结，用交易机器人卖不了，使用钱包也卖不了。但是依旧能看到代币在DEX上有交易记录。
我浏览器一查Hash，好家伙，真的直接就给账户冻结了，这妥妥的貔貅，DEX上显示能卖的交易几乎都是代币发行者自己的老鼠仓。
案例分析：
以太坊上的代币Mint与Solana有一个很大的不同在于，代币合约的自由度。
以太坊的开发者可以自由编写代币合约。因此我们可以看到以太坊的开发者为了展现透明会选择公开合约，进而能被在Etherscan上查到。但是依旧存在合约中嵌套代理合约或隐藏函数的情况，导致有大量貔貅盘的出现。
其表现形式为：暂停转账，限制两次交易冷却时间；交易黑白名单；交易与转账税费99%；无法完全卖出代币等。
而Solana上绝大多数开发者使用的是官方合约“TokenProgram”。但是查阅开发文档，我们可以清楚地看到官方合
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ShibaSwap Development: How Has It Affected the Future of Shibarium Blockchain and SHIB Token?
ShibaSwap, the decentralized exchange (DEX) associated with the Shiba Inu (SHIB) cryptocurrency, said Thursday that it has gone live on the Shibarium blockchain, an Ethereum second layer built by the SHIB token team.
Developers said that increased transactions on the Shibarium blockchain will lead to a higher burn rate for SHIB tokens, thereby reducing supply. SHIB prices have risen 8.8% in the past 24 hours, in line with a broader market surge. The CoinDesk 20 Index (CD20), a measure of the broader cryptocurrency market, is up almost 7%.
Users can now float new liquidity pools (LPs) on Shibarium, allowing traders to swap tokens on the network and earn a share of trading fees for providing liquidity. As of Thursday, ShibaSwap had more than $25 million worth of tokens locked in it, with $1.7 million in trading volume in the past 24 hours, according to data from the exchange.
“The more transactions run on the Shibarium blockchain, the more the protocol will burn the base gas fee, which will affect the overall burn rate of $SHIB ,” they said.
Burning is the permanent removal of tokens from the circulating supply by sending them to an address that no one controls.
In an X post, the developers said that every swap and pledge on ShibaSwap contributes to the growth of the ecosystem, as increased trading volume leads to higher fees for stakers and LP providers. #SHIBA🚀
ShibaSwap, the decentralized exchange (DEX) associated with the Shiba Inu (SHIB) cryptocurrency, said Thursday that it has gone live on the Shibarium blockchain, an Ethereum second layer built by the SHIB token team.
Developers said that increased transactions on the Shibarium blockchain will lead to a higher burn rate for SHIB tokens, thereby reducing supply. SHIB prices have risen 8.8% in the past 24 hours, in line with a broader market surge. The CoinDesk 20 Index (CD20), a measure of the broader cryptocurrency market, is up almost 7%.
Users can now float new liquidity pools (LPs) on Shibarium, allowing traders to swap tokens on the network and earn a share of trading fees for providing liquidity. As of Thursday, ShibaSwap had more than $25 million worth of tokens locked in it, with $1.7 million in trading volume in the past 24 hours, according to data from the exchange.
“The more transactions run on the Shibarium blockchain, the more the protocol will burn the base gas fee, which will affect the overall burn rate of $SHIB ,” they said.
Burning is the permanent removal of tokens from the circulating supply by sending them to an address that no one controls.
In an X post, the developers said that every swap and pledge on ShibaSwap contributes to the growth of the ecosystem, as increased trading volume leads to higher fees for stakers and LP providers. #SHIBA🚀
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Bull market profit guarantee: ten major strategies revealed!
Every bull market is a time to get rich, but it's easy to lose it all quickly because of an overconfident mentality. Here are my modifications to these ten strategies to help you keep your profits and stay competitive in the market:
1. Smart Diversification
The cryptocurrency field is full of risks. Don't bet on a single or very few currencies. Even projects that were once ranked in the top ten, such as LUNA, may go to zero overnight. Building a reasonable investment portfolio and ensuring weak correlation is the key to maintaining a balanced position. Determine the investment portfolio and quantity limit based on the amount of funds and risk tolerance: 50,000 to 500,000 US dollars, about 10 currencies;
1. Smart Diversification
The cryptocurrency field is full of risks. Don't bet on a single or very few currencies. Even projects that were once ranked in the top ten, such as LUNA, may go to zero overnight. Building a reasonable investment portfolio and ensuring weak correlation is the key to maintaining a balanced position. Determine the investment portfolio and quantity limit based on the amount of funds and risk tolerance: 50,000 to 500,000 US dollars, about 10 currencies;
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Kamijou just said that BOB has increased by 1200% in a short time
Awesome! Very strong! #金狗
Awesome! Very strong! #金狗
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Continue to test smart new addresses and carefully select the King of Kings 2.0 address on the base chain 100+ Automatically block Pixiu base eth 60% Pixiu
Immediately go to the hottest sol chain and snipe Baibei Golden Dog together!
#Meme币你看好哪一个？ #打狗工具 #土狗变金狗
Immediately go to the hottest sol chain and snipe Baibei Golden Dog together!
#Meme币你看好哪一个？ #打狗工具 #土狗变金狗
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Fed Chairman Powell: I don't think the next move may be a rate hike
According to a speech by Fed Chairman Powell, the US PPI data is actually quite mixed, and it is uncertain whether inflation will continue. Restrictive policies may take longer than expected to work to reduce inflation. The United States will reduce the inflation rate back to 2%. Restrictive policies may take longer than expected to work to reduce inflation. In many ways, the policy interest rate is restrictive. I don't think the next move may be a rate hike. It is more likely that the policy interest rate will be maintained at the current level. #加息预期 #降息预期
According to a speech by Fed Chairman Powell, the US PPI data is actually quite mixed, and it is uncertain whether inflation will continue. Restrictive policies may take longer than expected to work to reduce inflation. The United States will reduce the inflation rate back to 2%. Restrictive policies may take longer than expected to work to reduce inflation. In many ways, the policy interest rate is restrictive. I don't think the next move may be a rate hike. It is more likely that the policy interest rate will be maintained at the current level. #加息预期 #降息预期