As the crypto market continues to witness the surge in meme coins, Satooshi Nakahobo has emerged as the latest sensation with a staggering 600x surge. Launching at 9PM (UTC) on March 12, the token quickly gained traction and skyrocketed by +716,750% in less than 6 hours. Despite a subsequent -73% retracement, Satooshi Nakahobo managed to
Blockchain
Cardano, while lagging behind other cryptocurrencies in terms of price action, has been experiencing a surge in network activity. The blockchain has seen an increase in active addresses, with the monthly count reaching its highest level in a year. This is a promising sign for investors, as it indicates growing network adoption and potential for
MakerDAO recently announced the launch of Phase 1 of its highly anticipated ‘Endgame’ project, scheduled for the summer of 2024. This phase will see the release of the project’s major features, aimed at driving growth and establishing a fully functional virtuous cycle. The key components of Phase 1 include the introduction of new tokens, a
The collaboration between PIXELYNX, Animoca Brands, and Banijay Brands has resulted in the creation of a new NFT collection inspired by the “Nosedive” episode from the popular TV series Black Mirror. Named “Black Mirror Experience: Smile Club”, this collection has taken the NFT market by storm, selling out in less than three hours after its
Arbitrum, a layer-2 blockchain network, has recently introduced the Gaming Catalyst Program (GCP) with the aim of revolutionizing the Web3 gaming landscape. This initiative seeks to not only support but also enhance the development of innovative games on the Arbitrum network. By allocating 200 million ARB tokens, valued at $426 million, over a two-year period,
The current sentiment surrounding NEAR Protocol remains bullish within the crypto community, with traders’ predictions of a potential $8 target coming to fruition. After a minor retracement, NEAR Protocol is currently trading at $7.85, marking a 24-hour change of -2.8%. The price surged by 70% out of consolidation at lower support above $5.15 on March
The latest craze in the cryptocurrency market is the surge of meme coins, with the new Solana-based LAMBO token leading the charge. The token has seen an astronomical increase of +69,420%, sparking excitement among crypto enthusiasts. The infamous crypto meme ‘Wen Lambo?’ has now evolved into a tangible digital asset, capturing the attention of investors.
Ethereum has been on a bullish run, with expectations of reaching $5,000 in the near future. The cryptocurrency market analyst, Ali Martinez, has studied data from IntoTheBlock and suggested that Ethereum still has room to grow to hit the $5,000 mark. The current price of Ethereum is hovering above $4,000, showing strong bullish momentum. However,
The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks by bringing about significant cost reductions and introducing new features. Scheduled for March 13, this update will introduce a new data storage system called blobs, aiming to reduce congestion on the Ethereum network and enhance various key
The Tensor Foundation has recently unveiled its strategic roadmap for the TNSR token, signaling a new chapter in the world of Solana NFTs. As a prominent player in the Solana NFT marketplace, Tensor is poised to revolutionize the ecosystem by harnessing the power of NFTs across a wide range of products, businesses, and industries. Since