Floki and Pepe Leads in Bullish Breakout Ahead of Anticipated Meme Coin Season
The meme coin industry, led by Dogecoin and Shiba Inu, has played a crucial role in onboarding more investors to the cryptocurrency industry.
The meme coin industry, led by Dogecoin and Shiba Inu, has played a crucial role in onboarding more investors to the cryptocurrency industry.
While the total supply of the REZ token is 10 billion, the initial circulating supply is pegged at 1.05 billion.
Worldcoin will pump a staggering 1.5 million WLD tokens every week for six months straight would lead to an increase of 36 million WLD token supply, amounting to ~$200 million as per the current supply.
While certain traders take pride in their recent successes, the real crypto legends are those who adopted the “Left Curve” mindset during the bear market spanning from 2021 to 2023.
Many community members lost interest in the Solana network as it battled multiple occurrences of congestion in the last couple of months. This caused several transactions including 75% of all non-vote transactions on the blockchain to fail.
When the crypto community became aware of the situation, Chris O’Connor, the founder of the Cardano Ghost Fund DAO, criticized the Hedera Foundation for what he perceived as misleading the public.
DAI’s $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.
Banks like the LBBW are not partnering with crypto service providers to offer digital asset services as a result of MiCA clarity.
According to the reports, FIU identified “concerning matters” with the documents submitted by Crypto.com related to anti-money laundering compliance.
The token gives voting power to holders within SafeDAO. The goal is to give every SAFE token holder more authority as the project develops.
Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.