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claim your red packet and get 25

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Top 5 Meme Coins to Keep an Eye on in May 2024 Introduction A memecoin, as the name implies, is a cryptocurrency developed around a meme or a running joke. While these projects may have started as jokes, their current significance is anything but. Memecoins often enjoy robust community support, with their operations largely driven by community decisions, more so than many other crypto projects. This community-driven approach is a key reason why top memecoins in 2024 have surged in popularity, due to the perception of greater decentralization. Although the decentralization of these coins can be debated, their massive community backing is undeniable. This article will examine some of the top memecoins in 2024 by market capitalization. Dogecoin (DOGE) Leading the list of top memecoins in 2024 is Dogecoin, the original memecoin in the crypto market. Created by Jackson Palmer, a product manager at Adobe Inc., and Billy Marcus, a software developer at IBM, Dogecoin began as a joke, symbolized by its logo featuring a Japanese Shiba Inu dog. Despite its humorous origins, Dogecoin is now the largest memecoin and the eighth-largest crypto asset by market capitalization, nearing $11.5 billion as of this writing. Dogecoin is a peer-to-peer, open-source cryptocurrency that launched in December 2013, with its code and technology inspired by Litecoin. Dogecoin saw a significant rise during the 2017 bull run but lost much of its value in the 2018 crash. Despite this, Dogecoin has maintained a strong ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Shiba #meme_coin #BTC☀️
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Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor As DeFi Battle Lines Form Trending The co-founders of dominant liquid staking protocol Lido, along with the venture capital firm Paradigm, are secretly helping to fund a new company, Symbiotic, that would compete in the fast-growing arena of "restaking," according to people briefed on the matter. Internal company documents obtained by CoinDesk lay out diagrams of how the project would work. The emergence of a restaking player with deep-pocketed backers could portend a face-off that might redefine the DeFi landscape. The co-founders of Lido, the biggest liquid staking protocol on Ethereum, are secretly funding a competitor to EigenLayer, the buzzy "restaking" service that has emerged rapidly this year to become a powerful force in decentralized finance. According to several people with knowledge of the matter, the project is called Symbiotic and has drawn backing from not only the Lido co-founders, Konstantin Lomashuk and Vasiliy Shapovalov, through their venture firm Cyber Fund, but also Paradigm, the crypto venture capital firm that is one of Lido's lead investors. CoinDesk also obtained internal Symbiotic documents that describe the project, which allows users to "restake" using Lido's staked ether (stETH) token and other popular assets that are not natively compatible with EigenLayer. Developed by the team that previously built a staking service called Stakemind, Symbiotic will be "a permissionless restaking protocol that provides flexible mechanisms for decentralized networks to coordinate node operators and providers of economic security," according to the internal company documents reviewed by CoinDesk. The documents were marked as "preliminary" and "not for distribution," but several teams working in the nascent restaking ecosystem – including actively validated services (AVSs) and liquid restaking services building on EigenLayer – say they have already been in discussions to integrate with the Representatives of Paradigm, Symbiotic and Cyber Fund declined to comment on the #ETHETFS
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