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Showing posts from April, 2023

Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

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Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% in 24 Hours, Now Fifth-Largest Meme Token by Market Cap On April 30, 2023, the top meme coin crypto assets by market capitalization are worth $19.11 billion. Over the past 24 hours, the valuation of all meme tokens has risen 1.6%. However, only two out of the top five meme coins by market capitalization have seen gains. The newly launched cryptocurrency, pepe (PEPE), is leading the pack with triple-digit gains. Data collected from coingecko.com shows that over the last seven days, PEPE has risen 152.9%, with most of the gains coming from the last 24 hours as the token jumped 99% higher on Sunday. PEPEUSDT chart by TradingView Bitcoin.com New...

Top 7 Collectibles & NFTs Tokens by Market Capitalization

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ALU/USD Despite Altura partnering with UltiverseDAO, a metaverse platform offering diverse MetaFi and Dapp user experiences, on April 24, another announcement on April 27 managed to top it among the Top Collectibles and NFTs tokens by market capitalization. Get ready for a game-changing announcement! Our upcoming partnership won't disappoint. Stay tuned for the big reveal pic.twitter.com/u2XMQZmPhi — Altura (@AlturaNFT) April 27, 2023 This spike has increased the market capitalization and 24-hour trading volume by 8.60% and 12.84%, respectively, to $0.04255 and $1,005,962. Bullish momentum has prevailed over the previous 24 hours, with the bulls boosting the price from an intraday low of $0.04255 to a new 7-day high of $0.04917. At the time of writing, ALU was trading at $0.0482, up 8.06% from its previous close. ALU/USD 24-hour price chart (source: CoinMarketCap) DEGO/USD Dego Finance (DEGO) ranked second on the coin market cap list, with the...

Dogecoin: Amidst $900 Million Trading Volume Boom, Could DOGE Reach $1 This Year?

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The original meme coin has had a rather tumultuous few days, along with an overall crypto market downturn. Yet, as Dogecoin has seen a $900 million trading volume boom, could DOGE realistically reach the coveted $1 mark at some point this year?  The price of Dogecoin is currently up a mere 0.03% over the last 24 hours, standing firm at a price of $0.799. Conversely, the digital asset has seen a 9% drop over the past week while still being up 8.5% over the last month. However, with trading volume rising from a steady $400 million a few days ago, a price recovery could be in the works. DOGE Trading Volume Signaling $1 Trajectory? Source: Barron’s For many meme coins, the $1 dream has long been held as a point of optimism. Yet, as things are currently developing, that could be a reality for the original meme coin. Moreover, as Dogecoin has seen a $900 million trading volume boom, could DOGE reach the $1 mark at some point this year? Data from Trading View shows that a r...

Shiba Inu Breaks New Ground with Upcoming Rocket Pond Reveal

The Shiba Inu network has recently teased the upcoming revelation of the Rocket Pond, a unique and anticipated hub within the future SHIB metaverse. The announcement was also reshared by the official Shiba Inu Twitter account. Get ready to uncover the secrets of Rocket Pond! Stay tuned to @mvshib and https://t.co/yPe8r4GQrl for an exclusive look at our #metaverse. Plus, don't miss your chance to win some lands – there's only a few days left to enter the contest! WOOF! https://t.co/SQSnW61rP3 — Shib (@Shibtoken) April 28, 2023 Rocket Pond, inspired by American landmarks such as Lake Tahoe and Glenwood Caverns Adventure Park, is set to be a hidden resort nestled within mountains offering a serene and immersive environment for users. The concept was first introduced in September 2022 and has since captivated the interest of the crypto community. The SHIB team posted a black-and-white image of the rocket pond, a “hidden resort” in the SHIB ...

UK Proposes Stricter Taxes On DeFi, How Does It Impact Stakers & Investors?

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UK Tax Dept Aims DeFi Lending & Staking In accordance with current regulations, DeFi transactions may be viewed as disposals and accounted as sales or gifts by crypto lenders or yield generators like liquidity providers even when the asset’s ownership remains unchanged. advertisement Read More: US Sen. Ted Cruz Reveals Bitcoin Investment Strategy, Declares Ultra-Bullish Outlook According to the document that was used for the consultation, this can result in “tax outcomes that do not reflect the underlying economic substance”, as well as a tax liability resulting from a “transaction in which no gain has been realized in a form that can be used to meet the liability”. Growing Scrutiny Over Crypto Failures The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Trending Stories SOL Pric...

Bitcoin price retargets $29K after Mt. Gox panic liquidates $320M

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Carnage thanks to a disproved scare over Mt. Gox bitcoins destroys large amounts of BTC open interest and trading positions in hours. Bitcoin (BTC) returned to a familiar range on April 27 as panic over alleged Mt. Gox and United States government transactions faded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView "Rough" price action keeps Bitcoin traders cautious Data from Cointelegraph Markets Pro and TradingView showed BTC/USD traded near $29,000 on Bitstamp, up nearly $2,000 from the prior day’s low. Snap volatility had kicked in following the Wall Street open as bulls’ trip to $30,000 was rudely interrupted by fears that BTC from wallets controlled by the U.S. government and entities related to defunct exchange Mt. Gox were on the move. As Cointelegraph reported, the claims turned out to be false, but not before wiping a large slice of open interest from derivatives markets and sending BTC/USD down 7%. A subsequent recovery returned the pair to $29,500 bef...

AI Incorporation: Walmart Automates New AI to Bargain Price With Merchants

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Join Our Telegram channel to stay up to date on breaking news coverage Walmart has integrated a new artificial intelligence (AI) to negotiate the best price for products with vendors to increase optimal profit output. Walmart & Pactum: AI Untethered Deployment in Production Industries Amid the recent excitement around the phenomena’ potential capabilities of the ChatGPT, companies have sprunted in large numbers to incorporate artificial intelligence across their businesses. However, only a few industries, like Walmart, can access massive data and harness the power of AI technology. Walmart Inc. is a US-based multinational retail corporation with roughly 4,700 stores with an estimated number of 1.6 million associates (workers). The dazzles of AI via its frontrunner, ChatGPT, has dazzled the general public, hence why the retail giant is consistently leaning on AI to leverage a pragmatic purpose, notably bargaining with suppliers. Walmart collaborated with Mountain ...

Bitcoin, Ethereum Eye Major Pullback Risk, Tips Bloomberg Analyst

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Also Read: SEC Caused Untold Harm To US; Coinbase CEO After MiCA Approval advertisement Bitcoin Price To Decline More Ahead Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence stated Bitcoin (BTC) and Ethereum (ETH) may be running into a wall of resistance ahead. However, Bitcoin price went surged over the $30K level to encounter multiple resistance. Same with ETH, the second largest crypto price breached the $2K level but faced multiple resistances there. Bloomberg Analyst is still bullish on the biggest of the cryptos in the long term. Meanwhile, a force generated by the dropping stock market in accordance with the tightening Federal Reserve policies leading to recession holds the potential to lower the tide for all the risk assets. He marks Bitcoin and Ethereum among the riskiest assets. The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USD...