Golden Inu Confirms New Decentralized Crypto Exchange & Ethereum Blockchain Expansion - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-14

Popular crypto exchanges(2023 Update) 2024-05-14
Image: cyptoranking.com

Although the broader crypto market experienced some uplift, NFT sales didn’t mirror this positive trend. Week after week for the past seven weeks, NFT sales volumes have been plunging. The research revealed a ratio of non-custodial to custodial users of around 1:8. This means that most LN users are using exchanges or intermediary service providers. Wouters added: Golden Inu Confirms New Decentralized Crypto Exchange & Ethereum Blockchain ExpansionDePIN, short for decentralized physical infrastructure networks, is designed so that contributors can build out decentralized infrastructure for any individual or company to use in return for financial compensation. The South Korean city sits at the southeastern tip of the peninsula and has started to become something of a blockchain hub of the country.

Exchange Rankings Crypto
Image: cyptoranking.com

Dappicom functions as a Zero-Knowledge Virtual Machine (ZKVM) and is compatible with the MOS 6502 instruction set, a low-cost 8-bit microprocessor introduced in 1975 that became widely popular in numerous computing platforms, including NES. The ZKVM also incorporates elements of Rust programming. Since its mainnet introduction in April 2023, the Lace light wallet platform has gone through multiple upgrades, adding new features and improving usability regularly. 5 best bitcoin mining methods to earn passive income“Data suggests that markets typically recover quickly from wars and other geopolitical shocks despite experiencing initial volatility.” Argo Blockchain is joining the list of publicly traded cryptocurrency miners whose production increased in September. One of the main players in the crypto mining sector has mined 136 Bitcoin or Bitcoin Equivalents (BTC) last month, averaging 4.5 BTC per day. This represents a 34% increase compared to August 2023. Additionally, the company saw a 23% increase in mining revenue, amounting to $3.59 million.

Jones’ voice joins a chorus of Bitcoin bulls, who see beyond the immediate tumult, envisioning it in the face of earthly conflicts.Lightning Network Growth Is a ‘Shock‘, Says Bitcoin Analyst A leading voice in the crypto analytical community, Benjamin Cowen, expressed his lack of enthusiasm for ETH’s performance in 2023 during a YouTube video. The ETH / BTC valuation, a critical metric for gauging relative performance, is the bedrock for his statements. Top Crypto Predictions 2023Shiba Inu (SHIB) Exchange Reserves vs. Price. Source: CryptoQuant Last week, Wang testified in court, admitting that he and former FTX boss Sam Bankman-Fried committed wire fraud.

This theory can also be used to identify the bottom of future downward movements. Proof-of-work: The process of creating fresh blocks of transactions to a blockchain is known as Proof-of-Work (PoW). It involves solving computations set by the network. Solving the computation grants the user the ability to add that block to the blockchain and earn rewards. However, this is highly energy intensive. Will Bitcoin crash to $10K?“In the short term, what we are seeing is that clubs are further embracing the tool as they become more familiar with its nature and understand its potential, integrating it as part of their membership [or] loyalty offering and adding many more benefits to it,” Newman said. Source / Sam Cooling x TheDigitalArtistAs Uptober takes grip of on-chain markets, crypto prices are surging, and the latest token to skyrocket is DAI Reflections (DRS) - which exploded +25,000% in an over-night moonshot.The unlikely surge comes as market interest was galvanised by this young projects' promise of reflecting the DAI stablecoin on Pulsechain - alongside an upcoming PulseChain is a full-state hard fork of Ethereum, and stealth-launched DRS offers a demand-side pressure for the DAI token - every time a DRS token transacts a 2% fee is applied; his fee is used to buy DAI stablecoin which is then distributed to token holders.DRS Price Analysis: Will DAI-Buy Mechanism Drive DAI Reflections to New Heights?Amid the dramatic upside move, DAI Reflections is currently trading at a market price of $0.053713 (representing a 24-hour change of +1,703%).This comes following the explosive stealth launch at 15:00 yesterday, which surprised all with an initial +6,000% move in the first 4-hours - despite no marketing.DEXtools / DRS USDOvernight price action saw DRS push up a further 54% from here to hit an all-time high at $0.055565 - bringing returns for early-backers to an eye-watering +25,000%.With DRS price action now in localized retracement, all  eyes are on the $0.05375 support level - which has so far seen a well-defended consolidation mounted by 561 steadfast bag-holders.The electric move was fuelled by an influx of more than $667k in 24-hour trading volume, which has seen DRS already surge to a $727k market cap.DAI Reflections has an upside move targeting a return to the all-time high at $0.055565 (possible +50.7% move from here), and downside risk standing at lower support around $0.05285 (potential -22.39%).DEXtools / DRS USDThis leaves DRS with a risk: reward ratio of 2.26 on the short-time frame - a strong entry with decent upside potential as buy pressure remains strong representing 63% of transactions over the past hour.But while on-chain traders continue to play with out-sized risk, smart money are flocking to an emerging meme coin project that aims to gamify crypto community rivalries.Meme Kombat Surges to +$400K Raised as Crypto Community Rivalries Heat UpSource / Meme KombatMeet Meme Kombat, a trailblazing initiative that has seamlessly blended the memetic love of nostalgic gaming, and GambleFi, into a decentralized Web3 platform - with $411,731 raised in less than two weeks.So, what makes Meme Kombat tick, and why should potential investors keep a keen eye on this presale?The essence of Meme Kombat lies in its captivating arena aiming to tap into deeply tribal crypto communities - with a novel approach to gamifying inter-community rivalries.Players have the liberty to place their bets on these animated battles, predicting the outcomes and possibly reaping attractive rewards.With a sturdy promise of Season 1 showcasing 11 distinct meme characters, there's no shortage of action, and Season 2 is already on the horizon for December 2023.The decentralized nature of the project, combined with the thrill of AI-driven battles, ensures that the outcomes are both transparent and unpredictable - every battle is a new experience, ensuring players stay engaged.Gamified Staking Rewards Could Fuel Dramatic Growth for Meme KombatMeme Kombat's commitment to transparency and trust is evident through initiatives like the impending security audit of their smart contract.The findings of this audit will soon be public, a move that many projects shy away from.The founder and project lead, Matt Whiteman, isn't an unknown entity in the crypto space.His experience spanning two decades in process design, combined with his position as the COO of North Technologies, adds credibility to Meme Kombat.When so many projects hide behind the veil of anonymity, Whiteman's open profile and the project's physical address in Amsterdam offer an extra layer of trustworthiness.Source / Meme KombatThe tokenomics of Meme Kombat is also an appealing factor for potential investors - Stake the Meme Kombat ($MK) token, priced attractively at $1.667, and dive into a rewarding ecosystem.With a generous APY of 112%, stakers not only benefit from passive income but can also use their staked tokens to place bets in the arena - this dual functionality – earning while gaming – sets Meme Kombat apart.Intriguingly, engagement on the platform directly influences the income one can earn, so, the more you participate, the more you stand to gain.With the GambleFi industry booming following coins like Rollbit, Meme Kombat seems poised to tap into this lucrative market with its innovative approach.By merging memes, gaming, and blockchain, the platform is presenting something fresh to the crypto community.For those looking to diversify their portfolio with a unique offering, Meme Kombat seems like an opportunity too good to miss - so, don't be left behind (stay tuned with the MK Telegram).Embrace the future of meme-based gaming and betting with Meme Kombat.Buy Meme Kombat HereDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Crypto Experts are Accumulating This New Bitcoin Project Before it Lists on Exchanges – Here's Why


Sister links

Sources

Bookmark-new.svg