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Shib is a meme coin that is up by 1%
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About Aelf (ELF) aelf touts itself as "an excellent one-stop solution" for Web3 decentralized applications (DApps) that boasts the most advanced, secure blockchain cloud infrastructure. It claims to achieve this by implementing independent, interoperable, limitless, scalable cloud computing networks and side chains in the blockchain environment. In enabling the implementation of interoperable side chains, aelf allows business- and enterprise-sized clients to create their own blockchains and DApps to suit their specific organizational needs. According to its website, aelf is focused on developing the current generation of digital assets and the blockchain ecosystem. To accomplish this goal, it implements its own independent blockchain design with an independently developed consensus mechanism, as well as Oracle and DeFi protocols that already exist on the network. In a recent development, aelf has established the aelf DAO, a decentralized autonomous organization aimed at enhancing the ecosystem's growth and governance structure. This move is a significant stride towards aelf's goal of becoming a leading institution for Web3 DApps-related solutions. #elfusdt $ELF
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SATS, a BRC-20 token, pays tribute to Satoshi Nakamoto, the pioneering creator of Bitcoin. Named after the smallest denomination of Bitcoin, a single SATS represents one satoshi, which is equivalent to 0.00000001 BTC. Therefore, 1000 SATS is equal to a thousandfold of one satoshi. #sats（SATS）
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zkSync, developed by MatterLabs, is a layer-2 scaling solution on Ethereum. It was designed to address key challenges of the Ethereum blockchain, including low transaction throughput and high fees. By using zero-knowledge rollup technology, zkSync makes transactions faster and cheaper while keeping Ethereum’s security intact. This setup makes it ideal for decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based services that need high throughput and low fees. The core technology of zkSync is based on zero-knowledge rollups, which means bundling multiple transactions off-chain into a single batch, which is then processed and verified on the Ethereum mainnet. These special proofs, called zk-SNARK, check that the grouped transactions are valid without showing any details about them, keeping everything safe and secure. By doing most of the transaction processing outside the main Ethereum network, zkSync lightens the load on Ethereum. This makes transactions cheaper and confirms them faster. zkSync has teamed up with several companies in the blockchain and web3 world. These partners include Alchemy, a platform for web3 development; Space and Time (SxT), a decentralized data storage service; and Trala, a platform for Web3 gaming. The project has also received financial support from well-known investors like Andreessen Horowitz (a16z), Dragonfly Capital, OKX Ventures, and Blockchain Capital. #ZK #SWGT
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WIF dogwifhat emerges as an addition to Solana's line-up of meme coins. Drawing its inspiration from the Doge meme, dogwifhat showcases a Shiba Inu dog donning a hat, bringing a playful reinterpretation to the original Dogecoin concept. It has swiftly acquired an avid following as crypto aficionados with a craving for memes have been attracted to the Solana blockchain platform. Similar to Dogecoin, dogwifhat doesn't purport to be a revolutionary financial instrument. Instead, it's positioned as a lighthearted, amusing token. The community regularly takes part in activities like meme contests and charity drives, maintaining a jovial atmosphere. The rise of meme coins like dogwifhat on Solana is facilitated by Solana's characteristics, such as its fast transaction processing and affordable fees. This makes it a preferred platform for meme coin communities for effortless trading and engagement. Moreover, Solana's burgeoning DeFi ecosystem enables meme coins to participate and devise innovative undertakings. These meme tokens might can take part in yield farming, liquidity provision, and even roll out NFTs, providing a fun twist to their functionality. #WIF
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About ConstitutionDAO (PEOPLE) ConstitutionDAO is a decentralized organization formed to crowdfund an auction of the U.S. Constitution utilizing the Ethereum cryptocurrency token, $PEOPLE. In late September 2021, an original copy of the U.S. Constitution was put up for auction through Sotheby's, a fine arts and collectibles broker. Cryptocurrency enthusiasts formed ConstitutionDAO on November 11, 2021, as a community organization to raise funds through a DAO to buy the last privately owned first printing of the U.S. Constitution at auction through Sotheby's. The aim is to prevent wealthy individuals from owning one of only 13 copies of the U.S. Constitution currently in existence. By the end of the auction, ConstitutionDAO included over 17,000 contributors and had crowdfunded close to 11,000 ETH on JuiceBox. The then-currency price was nearly over $45 million, already more than twice the then-predicted sale price of $20 million. Ultimately, ConstitutionDAO lost in the auction. Citadel CEO Ken Griffin successfully outbid CostitutionalDAO for the copy of the Constitution. #People $PEOPLE
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