As Big Eyes Coin Edges Near The End Of Its Presale ... - cyptoranking.com

2024-04-27

Popular crypto exchanges(2023 Update) 2024-04-27
Image: cyptoranking.com

Even with a decrease in monthly users, Axie has logged $4.28 billion in NFT sales over 20.32 million transactions. However, figures from defillama.com indicate that the total value locked (TVL) on Ronin has seen a significant decline. On December 3, 2021, Ronin’s TVL peaked at $1.487 billion, but it has since fallen to $61 million. The Bitcoin whales have seen their holdings move sideways in the past couple of years. The Ethereum whales, on the other hand, have participated in a steep selloff during the same period. As Big Eyes Coin Edges Near The End Of Its Presale ...Magazine: The Truth Behind Cuba’s Bitcoin Revolution: An on-the-ground reportYuga Labs And Beeple Join To Unleash Physical CryptoPunks Prints The digital yuan, China’s central bank digital currency, is debuting a new interconnecting feature with the Hong Kong banking system that allows visitors and tourists to create and top up a digital yuan wallet using foreign accounts. The system, designed by the Digital Currency Research Institute of the People’s Bank of China (PBOC), links digital yuan wallets with the Faster Payments System (FPS) of the Hong Kong Monetary Authority.

Exchange Rankings Crypto
Image: cyptoranking.com

Bulls have an advantage if the RSI reading is above 50 and the trend is upward, but if the reading is below 50, the opposite is true. The RSI is below 50 (red icon) and falling, both signs of a bearish trend. Despite this bearish Litecoin price prediction, a reclaim of the ascending support trendline and $68 area will mean that the trend is bullish. SEC Sues Coinbase, Accuses Crypto Platform of Breaking Market RulesThe whale with the short name 0x02e deposited 360.7 thousand ($526.6 thousand) LQTY to the cryptocurrency exchange MEXC about two hours ago. Additionally, the clairvoyantlabs.eth wallet deposited 1.069 million USD ($1.34 million) to Binance in the last five days, making a profit of 460 thousand USD (52%). sFRAX is similar to DAI Savings Rate (DSR) from MakerDAO, which became a successful product during the bear market. Kazemian also stated that sFRAX is more resilient than MakerDAO's DAI Savings Rate (DSR) because it tracks Fed rates.

But despite seeing a notable decline in the amount of monthly-mined Bitcoin, Hut 8 has remained committed to its hodl strategy, which has not been seen among too many miners in the industry. In today’s “we’re still so early” crypto industry, the self-deprecating “ten user” joke continues to ring true. DeFi’s relatively lackluster numbers hardly resemble what most would consider to be the “mass adoption” phenomenon that was promised years ago. Crypto Exchange Gemini Launches ETH Staking Pro in the ...Despite setbacks, Gemini remains optimistic about its growth prospects. The company’s leadership believes that the “Startup India” initiative, a government program aimed at fostering entrepreneurship and technological development, will aid Gemini’s expansion. Similarly, another crypto analyst dismissed the allegations, implying that WSB lacked the technical analysis skills to understand market dynamics.

El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in partnership with Luxor Technology. Source: pudgypenguins.ioPopular NFT collection Pudgy Penguins has launched its Pudgy Toys collection in 2,000 Walmart stores across the United States. The toys, which have been available online since May, are expected to see a significant boost in exposure with their presence in Walmart.Each Pudgy Toy will come with a unique birth certificate that enables owners to claim exclusive traits for their digital 'Forever Pudgy' character within Pudgy World. By scanning a QR code, users can unlock these traits in an online virtual world built on the zkSync Era blockchain.“Pudgy Penguins is bridging the gap between our physical and digital worlds of play for kids in a really engaging way,” said Brittany Smith, vice president of merchandising – toys, Walmart U.S.Pudgy Penguins Trading Volume Surges 530%Following the recent revelation regarding the project's collaboration with Walmart, Pudgy Penguins saw a sharp spike in trading volume.According to data from CoinGecko, the NFT collection has registered 1,033 ETH (worth around $1.6 million) in trading volume over the past day, up by 530%.The floor price of the collection has also surged over 11% to 5.2 ETH (worth around $8,200), while its market cap reached 46,008 ETH ($73 million).Luca Netz, CEO of Pudgy Penguins, said Walmart's inclusion of Pudgy Toys in their stores is an indication that consumers want to interact with digital brands.“Walmart’s inclusion of Pudgy Toys in their stores is a testament to the evolution of how consumers engage with brands in the digital era."Walmart to Boost Popularity of Pudgy Penguins Walmart's position as the largest retailer in the U.S. and one of the world's largest companies by revenue in 2022 will undoubtedly enhance the collection's popularity beyond the crypto industry.Pudgy World, an immersive multiplayer digital environment, allows users to explore, play games, and fully customize their Forever Pudgy character.Since its launch in 2021, Pudgy Penguins has generated an impressive $400 million in sales. The brand's success can be attributed to its effective utilization of social media and experiential marketing techniques, setting it apart from other NFT collections that struggled to gain traction.While mainstream media often dismisses NFTs due to their volatile price performance and perceived lack of demand in a competitive market, integrating physical products into established platforms presents an opportunity for NFT collections to engage with a broader audience and build stronger brands.Walmart will stock 16 different types of Pudgy Toys, with prices ranging from $2.99 to $11.97. These toys are manufactured by PMI Kids' World, a well-known brand that produces toys based on popular cartoons and shows like WWE. Animoca Brands Subsidiary to Launch Unique Bitcoin Metaverse Token VeChain Price Prediction Ahead a Key Network Upgrade VoteCanine-themed cryptocurrency Shiba Inu is sustaining a strong transaction volume as the market continues its sell-off. The incident has divided the crypto community’s faith in the project, with many questioning its platform’s security strength.

Have an opinion on this story? Share it!