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🔀 Tron (TRX) Surpasses Shiba Inu (SHIB) in Market Shift Tron (TRX) has surpassed Shiba Inu (SHIB) in market capitalization in a notable shift within the cryptocurrency market rankings. Shiba Inu has maintained a strong presence on the market, with its vibrant community known as the "Shibarmy." However, its market cap of $9.899 billion, while impressive, now places it just behind Tron. Tron now holds the position as the 11th largest cryptocurrency with a market cap of $10.42 billion. Meanwhile, Shiba Inu now sits in 12th place, with a market cap of $9.899 billion. The market shift comes amid a broader drop on the cryptocurrency market partly caused by monetary policy uncertainties, including concerns about the Federal Reserve's ability to cut interest rates fast from a two-decade high. Shiba Inu fell as much as 9%, trading at $0.00001668 at press time. Shiba Inu prices have likewise dropped by 16.13% in the last week and 29% over the previous 30 days. Conversely, Tron fell 0.49% in the last 24 hours to $0.1194 and is still up 2% weekly. Tron, a blockchain for creating decentralized applications, has been gaining momentum of late. In the most recent milestone, TRON’s total accounts have reached 239,304,736, exceeding 239 million. TRON ecosystem has developed rapidly and continues to make efforts to decentralize the web. Shiba Inu's ecosystem has also been growing, with projects such as Shibarium gaining traction. Shibarium, the layer-2 scaling solution for Shiba Inu, has recently seen a considerable spike in activity, as evidenced by a dramatic increase in transaction fees and a big increase in new transactions. Shibarium transaction fees increased by a whopping 388%, from 16.22 BONE on June 17 to 78.18 BONE on June 23, according to statistics from blockchain explorer Shibarium Scan. This increase in transaction fees implies higher network transaction demand, indicating more user activity and engagement with Shiba Inu-related applications and services. $TRX $SHIB #TRX #SHIB #Tron
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🤖 Floki Trading Bot Set to Launch Promising Strong Fundamentals and Utility ● The Floki Trading Bot’s launch on June 25, 2024, differentiates it from other memecoins with strong fundamentals and broad utility. ● With a 1% fee, Floki’s trading bot can generate $2.20M-$10.68M monthly, enhancing FLOKI token utility and product-driven demand. ● The Floki Trading Bot’s revenue will fund aggressive marketing, boosting the adoption of the bot and other Floki products. On June 25, 2024, the Floki Trading Bot will be available to the general public in its open beta phase. This development differentiates Floki from other memecoins, showcasing its strong fundamentals and broad utility. HOW THE FLOKI TRADING BOT STRATEGICALLY POSITIONS FLOKI FOR INDUSTRY DOMINANCE FLOKI is often widely compared to other popular #memecoins like $DOGE, $SHIB, $PEPE, $WIF, $BONK, etc. However, #Floki is MUCH STRONGER than any of these when it comes to fundamentals and is, in.— FLOKI Floki Trading Bot Overview The Floki Trading Bot aims to revolutionize the trading bot industry by prioritizing speed and user experience. With its launch, Floki will be the only brand offering a trading bot that boasts a combination of unique features and advantages.  They include, a substantial on-chain presence with approximately 500,000 holders, recognition through partnerships with major sports teams and leagues giving it a strategic edge in brand recognition, a marketing team with a proven track record and strategic connections to ensure rapid adoption and an easy-to-use, cross-chain focused trading bot that simplifies the trading process for users. 🔸 Economic Impact and Projections The economic potential of the Floki Trading Bot is notable. With industry-standard trading bot fees set at 1% per transaction, the Floki Trading Bot could generate significant weekly and monthly fees.  Based on trading volumes of existing bots, weekly transaction fees could range from $550,000 to $2.67 million, averaging $1.66 million per bot. $FLOKI
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🤯 Polygon (MATIC) Profitability Posts Shocking Figures Polygon (MATIC) is displaying conflicting on-chain data trends, especially as it relates to the profitability of its addresses. According to data from crypto analytics platform IntoTheBlock (ITB), only 5.63% of Polygon addresses are either in profit or at the money or breakeven point. 🔸 Misaligned Polygon fundamentals and price trends Polygon is a unique Ethereum-based layer-2 scaling solution. However, its uniqueness has not translated into a price surge in recent times. The ITB data shows that no address is outright profitable on the Polygon network. The data also revealed that 3,651 are "at the money" as of press time. At the moment, a total of 612.58K addresses, or 94.37%, are "out of the money" or in losses. This is a very concerning trend considering the widespread adoption of Polygon-focused technologies. One such, the Polygon CDK, is powering different new chains as the L2 pivots, extending its service to developers looking to build related or alternative chains. Thus far, Polygon’s CDK is now being used by Flipkart, OKX and a host of other innovators looking to make a difference in Web3.0. Besides CDK, Polygon zkEVM is another technology that shows Polygon’s advanced capabilities. Amid its innovations, however, MATIC remains down by up to 4.9% in 24 hours to $0.5516. Over the past month, the token has further slipped by 24.34%, accelerating the plunge in its associated ecosystem address profitability. 🔸 Common L2 trend With most altcoins mimicking Bitcoin as it relates to key on-chain metrics, the Ethereum layer-2 ecosystem appears to have decoupled from this trend in general. While Polygon is recording intensive address losses, Bitcoin’s address profitability is pegged at 86.81%, despite the recent sell-offs. One consolation for Polygon is that other top L2 protocols, like Arbitrum (ARB), are also recording a similar address onslaught. Per ITB data, more than 97% of addresses are in losses, despite a large ecosystem and embrace of the product. #MATIC
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🔥 New ARB Staking Mechanism Will Reward Holders With 50% Surplus Fees ● A proposed ARB staking mechanism aims to boost security and encourage participation in Arbitrum. ● The initiative combats dwindling voter activity and potential DAO treasury threats. ● New staking systems will provide varied tasks and rewards for ARB holders. An Arbitrum governance member proposed a new ARB Staking Mechanism using 50% surplus sequencer fees to boost security and active governance. This could yield a 7% annual reward rate. New ARB Staking Mechanism Will Reward Holders With 50% Surplus Fees A governance member from Arbitrum has submitted a proposal for an ARB staking mechanism that will use 50% of the future surplus sequencer fees to enhance economic security and incentivize active participation in governance. Staking and delegating ARB tokens will reward holders with surplus sequencer fees proportionate to their share of the total ARB staked. 🔸 Proposal for New ARB Staking Mechanism The extra charges of the Arbitrum DAO have reached over $50 million. Considering allocation in a circulating supply of only 10% ARB state, only roughly $324 million vote actively on governance. As the number of unique voters continues to decrease since the launch of the DAO, the DAO treasury could remain open to attacks. The proposed mechanism of ARB staking seeks to increase the security of the Arbitrum DAO by providing incentives for holders of ARB tokens to become more active in governance processes. Staking ARB resolves Arbitrum DAO’s emerging economic vulnerability since there will always be an incentive for ARB token holders to perform effective governance. 🔸 Expansion of Staking Systems for Arbitrum New ARB Staking Mechanism Will Reward Holders With 50% Surplus Fees 3 The proposal allocates 50% of the surplus sequencer fees to the ARB stakers. Assuming this is a 1:1 conversion of the current delegated ARB into staked ARB and an annual accumulation of 12K ETH in surplus fees, this will equate to roughly a 7% annual reward rate. #ARB #Arbitrum
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✅ Let's Talk Crypto Sniping ✅ Hey everyone! I've been surfing the depths of Twitter and Reddit and stumbled upon a project worth your attention - Noti.io.  Noti is an innovative token sniping platform designed to help you snipe tokens before everyone else. Yes, sniping solutions have been around for a while, but Noti feels different. Why Noti.io Stands Out? Noti boasts features that I couldn't pass by: automated and no-code snipes, a web platform with visual dashboards, AI-powered scam/rug pull protections, and tracking the most sniped tokens. I'm truly excited to see this money printing machine in action. Here's the deal: the Noti’s presale token price is currently just $0.055, and it's only the second round of presale. Imagine the potential! If we look at some presales onchain data, Noti can easily reach a 26x potential if they hit the same market cap as their competitor Bananagun. And there's no limit - I saw their roadmap, and they are poised to outperform many other players. 🔸 With that said, I suggest you to join presale with fixed price for you guys " https://privatesale.noti.io/topcryptonews " The token price is climbing, and the longer you wait, the less fruitful your profit might be 😏 By the way NOTI is not just a token, it’s a utility tool for traders. With Noti token snipers will pay fees, and boost their positions to get best snipes ever and the meme season is just beginning. So let’s make it happen together! Stay updated and get the latest news by following Noti’s socials: * Website: https://noti.io/ * Twitter: https://x.com/noti_official * Telegram: https://t.me/noti_official 🚀 Don't forget to use this link https://privatesale.noti.io/topcryptonews to join the presale and get in early on this promising project ! ✅ Marketing ✅ Partnership #noti #sniping #token
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