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🔥 Top 10 Altcoins Developers Focused on in April Revealed – Etheruem Not in First Place April has come to an end and Bitcoin price closed the month in the red zone after a long period of time. Today, the cryptocurrency market has lost blood in general and daily losses have reached double digits in most altcoins. Despite this, cryptocurrency developers continue to develop altcoins, most of which are open source. Here are the altcoins that developers focused on the most during April and the ranking of their developer scores: 🔸 Optimism (OP) – 541 🔸 Hedera (HBAR) – 459 🔸 Cardano (ADA) – 432 🔸 Chainlink (LINK) – 397 🔸 Polkadot (DOT) – 390 🔸 Ethereum (ETH) – 323 🔸 Cosmos (ATOM) – 301 🔸 Internet Computer (ICP) – 295 🔸 MultiversX (EGLD) – 247 🔸 Aptos (APT) – 228 It is noteworthy that there are altcoins with much lower market values than ETH, ahead of the world's largest altcoin, Ethereum (ETH). Optimism, which ranks first, stands out as a layer-2 blockchain that aims to help scale Ethereum. This data was obtained through cryptocurrency data provider Santiment and was created based on the Github profiles of altcoin projects. However, it is important to remember that developer activity will not have a direct impact on the price of a cryptocurrency. #Altcoins

🔥 Top 10 Altcoins Developers Focused on in April Revealed – Etheruem Not in First Place

April has come to an end and Bitcoin price closed the month in the red zone after a long period of time. Today, the cryptocurrency market has lost blood in general and daily losses have reached double digits in most altcoins.

Despite this, cryptocurrency developers continue to develop altcoins, most of which are open source. Here are the altcoins that developers focused on the most during April and the ranking of their developer scores:

🔸 Optimism (OP) – 541

🔸 Hedera (HBAR) – 459

🔸 Cardano (ADA) – 432

🔸 Chainlink (LINK) – 397

🔸 Polkadot (DOT) – 390

🔸 Ethereum (ETH) – 323

🔸 Cosmos (ATOM) – 301

🔸 Internet Computer (ICP) – 295

🔸 MultiversX (EGLD) – 247

🔸 Aptos (APT) – 228

It is noteworthy that there are altcoins with much lower market values than ETH, ahead of the world's largest altcoin, Ethereum (ETH). Optimism, which ranks first, stands out as a layer-2 blockchain that aims to help scale Ethereum.

This data was obtained through cryptocurrency data provider Santiment and was created based on the Github profiles of altcoin projects. However, it is important to remember that developer activity will not have a direct impact on the price of a cryptocurrency.

#Altcoins

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⚠️ Shiba Inu (SHIB) Loses Market Spot to Avalanche (AVAX): Details In a reshuffling move, dog-themed cryptocurrency Shiba Inu (SHIB) has lost its market spot to Avalanche (AVAX). Shiba Inu has remained in 11th place in the market rankings after falling out of the top 10 due to profit-taking following its stunning 300% increase in late February to early March. Despite the profit-taking that followed, Shiba Inu fiercely defended its rankings, remaining in 11th place throughout. However, Shiba Inu's resolve has been tested with Avalanche overtaking it, pushing it to 12th place in the crypto market rankings. Shiba Inu's drop in the rankings coincides with a larger market fall that has seen SHIB lose roughly 4% of its value in the last 24 hours. This fall follows profit-taking after the SHIB price reached a high of $0.00002684 during today's trading session. Earlier in the week, crypto prices rose on hints of progress toward U.S. approval of exchange-traded funds investing directly in Ethereum as optimism revived. SHIB's price climbed alongside the market, but to a smaller extent. SHIB is currently up 5.15% over the last seven days, as its gains were relatively muted by the stiff daily MA 50 barrier near $0.000025. In recent weeks, specifically since mid-April, Shiba Inu's price has been constricted by the daily SMA 50 barrier. Shiba Inu consistently faced a battle surpassing this level; however, the bulls made a successful attempt on May 20 before confronting resistance. Conversely, Avalanche experienced a surge in value, climbing over 18% in the past week. This growth has propelled AVAX to overtake SHIB, with a current market capitalization of $15.6 billion compared to Shiba Inu's $14.8 billion, according to CoinMarketCap data. As the market scenario unfolds, eyes will be on Shiba Inu to see if it can sustain its rise above the tough daily MA 50 barrier. Whether SHIB can reclaim its position or AVAX will continue to climb the ranks remains to be seen. $SHIB $AVAX
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🍕HOW A 10,000 BITCOIN PIZZA CHANGED BITCOIN ● Today, May 22, marks 14 years since a Florida programmer made the first transaction using Bitcoin ● Laszlo Hanyecz spent 10,000 bitcoin to buy two Papa John’s pizzas ● His act is now mythologized as Bitcoin Pizza Day, celebrated throughout the crypto sector Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born. The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010. He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!” 🔸 Pizza Set the Stage for Bitcoin Revolution Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas. 💬 “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said. 💬 “You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins…” Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin. The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices. More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion. $BTC #pizzaday #BTC
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😱 Allegedly, SEC is Preparing to Approve Spot Ethereum ETFs! to the Spot Ethereum ETF filings from NASDAQ and CBOE on Monday. Reuters claimed that sources said the SEC may be ready to approve ETH ETFs. 💬 US SEC Request Signals Regulator May Be Poised to Approve Filings — db (tier10k) May 21, 2024 The SEC asked Nasdaq and CBOE on Monday to correct applications for spot ETH ETFs, signaling it may be ready to approve the applications, three people familiar with the process told Reuters. The SEC must decide whether to approve applications filed by the CBOE to list Ethereum ETFs submitted by VanEck and ARK Investments/21Shares on May 23-24. The SEC did not have detailed discussions with exchanges and issuers regarding application details as in the case of Bitcoin ETFs. For this reason, leading industry executives predicted that this situation would lead to a negative decision. But in a surprise move Monday, SEC officials asked Nasdaq and CBOE to quickly make updates and changes to the filings. Evaluating this situation, experts stated that these change requests usually come before approval. In addition, in order for ETH ETFs to begin trading, exchanges must also approve the S-1 applications of the issuing companies, in addition to the 19b-4 applications. At this point, experts pointed out that, unlike stock exchange applications, there is no specific time frame within which the SEC must make a decision for S-1 applications, and said that this could mean that it may still take several months for Ethereum ETFs to be traded. $ETH #ETH #Ethereum
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