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Eclipse announces that mainnet will soon be open to developers
Ethereum L2 project Eclipse announced on social media that the mainnet will soon be open to developers.
#pepex
#pepex
$DOGE , $SHIB and $PEPE soar amid Bitcoin’s bull run: $100B market cap next?
As Bitcoin [BTC] turned bullish, several meme coins, including top coins like DOGE , SHIB and PEPE painted their daily charts green.
Meme coins had already created buzz in the crypto space as their value skyrocketed in 2024, hinting that their total market cap might touch $100 billion this year.
Doge, Shib, and PEPE are growing fast
According to CoinMarketCap and DOGE, the largest memecoin’s price had surged by more than 5.5% in the last 24 hours and was trading at $0.207.
Shiba Inu’s price also gained bullish momentum as its value surged by 2.6%. At the time of writing, it was trading at $0.00002906.
However, PEPE was the top gainer among these cryptos, as its value surged by double digits.
The meme coin’s price spiked by over 13% in the last 24 hours and was trading at $0.000007902 with a market capitalization of over $3.32 billion.
In the meantime, IntoTheBlock posted a tweet mentioning how these meme coins have risen this year. As per the tweet, while DOGE has doubled in price in 2024, SHIB has increased 2.5x and PEPE nearly 5x.
This rise pushed the meme coin’s market cap to $65 million. If the price pump continues, it won’t be a long shot to expect meme coins to touch the $100 million market cap by the end of 2024.
Our analysis of Santiment’s data revealed that buying pressure on SHIB was increasing. This was evident from the drop in its Supply on Exchanges and the rise in its Supply Outside of Exchanges.
It was interesting to note that despite PEPE’s promising price rise, swelling pressure on the meme coin remained high. Its Supply on Exchanges spiked, while its Supply outside of Exchanges dipped.
Nonetheless, the whales once again started to buy PEPE as, after a short drop, the meme coin’s supply held by top addresses increased.
Things for DOGE also looked pretty optimistic. After days of being in the negative zone, DOGE’s MVRV ratio improved. At press time, it had a value of 5.11%, hinting at a continued bull rally.
#SHIB🔥🔥 #Dogecoin #pepex
As Bitcoin [BTC] turned bullish, several meme coins, including top coins like DOGE , SHIB and PEPE painted their daily charts green.
Meme coins had already created buzz in the crypto space as their value skyrocketed in 2024, hinting that their total market cap might touch $100 billion this year.
Doge, Shib, and PEPE are growing fast
According to CoinMarketCap and DOGE, the largest memecoin’s price had surged by more than 5.5% in the last 24 hours and was trading at $0.207.
Shiba Inu’s price also gained bullish momentum as its value surged by 2.6%. At the time of writing, it was trading at $0.00002906.
However, PEPE was the top gainer among these cryptos, as its value surged by double digits.
The meme coin’s price spiked by over 13% in the last 24 hours and was trading at $0.000007902 with a market capitalization of over $3.32 billion.
In the meantime, IntoTheBlock posted a tweet mentioning how these meme coins have risen this year. As per the tweet, while DOGE has doubled in price in 2024, SHIB has increased 2.5x and PEPE nearly 5x.
This rise pushed the meme coin’s market cap to $65 million. If the price pump continues, it won’t be a long shot to expect meme coins to touch the $100 million market cap by the end of 2024.
Our analysis of Santiment’s data revealed that buying pressure on SHIB was increasing. This was evident from the drop in its Supply on Exchanges and the rise in its Supply Outside of Exchanges.
It was interesting to note that despite PEPE’s promising price rise, swelling pressure on the meme coin remained high. Its Supply on Exchanges spiked, while its Supply outside of Exchanges dipped.
Nonetheless, the whales once again started to buy PEPE as, after a short drop, the meme coin’s supply held by top addresses increased.
Things for DOGE also looked pretty optimistic. After days of being in the negative zone, DOGE’s MVRV ratio improved. At press time, it had a value of 5.11%, hinting at a continued bull rally.
#SHIB🔥🔥 #Dogecoin #pepex
Avalanche Foundation distributes 10,000 AVAX as rewards for Memecoin Rush's first week of unilateral
Trader Joe has announced that the Avalanche Foundation has released the rewards for the first week of the Memecoin Rush single-sided staking plan, with a total value of approximately $500,000 and a distribution of 10,000 AVAX. The rewards were distributed among 10 pools based on the percentage of the total staking value (TVL) and the token supply at the time of the snapshot. Participants can access the staking pool they participated in to claim their rewards directly, or they can accumulate rewards throughout the entire event.
#pepex
#pepex
Cross-chain interoperability protocol Owlto Finance launches L2 Tracker function to better help user
Owlto Finance, a cross-chain interoperability protocol, announced the launch of the L2 Tracker feature. It is reported that after users enter their address, they can select the corresponding network to view the current address's interaction data and other information on the chain through the L2 Tracker. By viewing the interaction data, users who hope to receive airdrops can clearly know their activity on the network, which facilitates their arrangement for subsequent interactions. Currently, the networks supported by this feature include zkSync Era, Scroll, Linea, Base, Kroma, and Blast. The data that L2 Tracker can display includes: total number of interactions, total transaction volume, number of independent contracts for interactions, total gas consumption, last interaction time, active days, active weeks, and active months. At the same time, each network also has a corresponding recommended interaction protocol to provide users with a more reasonable interaction path. In addition, L2 Tracker can also display the address ranking on the current network based on the number of interactions and interaction contracts.
#pepex
#pepex
Frank, Executive Director of OKX Hong Kong: The development of RWA is a trend
Frank, the executive director of OKX Hong Kong, stated at the roundtable forum of the "2024 Hong Kong Web3 Carnival" that with the advancement of technological innovation, the development of RWA is obviously a trend, and people can use technology to further improve efficiency and save related costs. In addition, when mentioning how RWA platforms should deal with risk factors, Frank believes that for RWA platforms, it is very important to implement various strong measures to reduce risks, enhance investor confidence, and ensure the long-term stable development of the RWA track. The platform should have a strong security infrastructure, smart contract auditing, self-regulation (such as POR), compliance with regulatory requirements, complete transparency, appropriate investor communication, continuous monitoring and event response, insurance coverage, etc.
#pepex
#pepex
Arbitrum bridge storage total value exceeds 3.6 million ETH
Dune data shows that the total value bridged (TVB) on Arbitrum exceeds 3.6 million ETH, currently at 3,601,086 ETH, and the total number of users on the bridged chain is 713,846.
#pepex
#pepex
Founder of mfer: Nothing new will be released after the launch of mfercoin, reminding users to be ca
The founder of mfer, Sartoshi, posted on X platform, reminding the encryption community to be careful of fraud, especially the impersonators and fraudulent accounts on X platform. After the launch of mfercoin, there will be no new releases, as mfercoin is a peer-to-peer electronic transfer system.
#pepex
#pepex
Harvest Fund and Southern Fund Hong Kong subsidiaries apply for spot Bitcoin ETF
Chinese asset management companies, ChinaAMC and Southern Fund's Hong Kong subsidiaries, have applied to regulatory authorities to provide physical Bitcoin ETFs, which will enable Hong Kong investors to invest in Bitcoin. These two companies manage assets worth more than $200 billion. This move is seen as the first expected appearance of cryptocurrency ETFs in the Hong Kong market.
#pepex
#pepex
Approach the 2024 crypto price predictions with caution. While the forecasts may seem exciting, it's essential to verify sources and conduct thorough research before investing. Newcomers often gravitate towards lesser-known coins, seeking guidance, but remember that knowledge is power. Prioritize learning and due diligence to protect your investments. From my experience, I advise navigating speculative content very cautiously, as unlikely outcomes are common in the crypto world. Share your thoughts if you've come across similar forecasts. $BTC $ETH $BNB #shibabone #dogeco #LUNC? #xrp #pepex
