China News Official Today TheBitTimes.com

The total market value of cryptocurrencies using the proof-of-stake consensus algorithm decreased by 7% at the end of Q3 to $254 billion. Such estimates are provided by the Kraken-related platform Staked. According to experts, the market share of such coins decreased by 2% to 22%. Ethereum (ETH) dominance in this segment – by 1%, to 79%. Source: Staked “ The lack of near term catalysts, regulatory uncertainty, and macro challenges left markets in a holding pattern. “ Staked report The value of assets locked in staking increased by 3% to $74b. Annualized rewards in value terms decreased by 7%, to $4.1b. The profitability of such operations amounted to 10.2%, which is 0.4% less than in Q2. Source: Staked The share of blocked coins from their current supply reached a record 52.4% (49.3% in Q2). The leaders in this regard were Aptos (84.1%), Sui (80.5%), Mina (77.6%), Solana (71.9%) and Cosmos (67.6%). The median value among the top 35 coins was 52.6%. ...

TLDR: – Major meme coins facing market turbulence due to fluctuating prices and regulatory concerns. – NuggetRush (NUGX), a new contender, is emerging and spearheading changes in the meme coin industry. – NuggetRush boasts innovative Features such as NUGX staking and a play-to-earn (P2E) game. – Community-driven growth is at the heart of NuggetRush’s potential. As Dogecoin (DOGE) and Shiba Inu (SHIB) grapple with market turbulence, NuggetRush (NUGX), a new contender, is emerging from the shadows. The inevitable question resonating among crypto trend-watchers is now clear: Is it time for NuggetRush, a meme coin project, to shine and become a crypto to buy ? Navigating the storm: major meme coins struggle amid market volatility Major meme coins have been tested by the volatile tides of the crypto market in recent months. To illustrate, Bitcoin (BTC) crashed by over 75%, bottoming up from around $16,000 in November 2022.  The draw down harmed alt ...

In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have the largest market capitalization by 2025, with PEPE coming in second place. Memes, internet jokes, and popular culture references have become an integral part of online communities. Because of this, cryptocurrencies inevitably gave birth to a new wave of assets called "memecoins." While some argue that these coins are just a fad, others might also believe in their potential to bring financial gain to their investors.  One of the most popular meme coins that was recently launched is a frog-themed token called PEPE. The token has gained traction amid the bear market and garnered a lot of support from various members of the community despite its official website saying “the coin is completely useless and for entertainment purposes only.” According to its creators, PEPE is on a mission to “make memecoins great again” a play on former United States president Donald Trump’s political slogan, ...