Solana Mimecoin Distributor Pump.Fun has generated a record $5.3 million in revenue over the past 24 hours, which is more than the next 24 highest-yielding protocols combined in a single day. Pump.fun has made a total of $5.33 million in revenue over the past day, significantly outperforming established blockchain networks such as Ethereum and Solana, which recorded $2.3 million in revenue and $1.6 million in fees, respectively.According to DefiLlama data, the protocol generated more daily revenue than the other 24 protocols combined over the same period. Pump.fun has generated more revenue than the other 20 highest-yielding protocols combined in the…
Author: Crypto Flexs
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Caroline Bishop Aug 14, 2024 05:19 Join us for Ray Training Day in San Francisco on September 30, 2024 for comprehensive training sessions on GenAI and LLM led by Ray experts. Ray enthusiasts and AI practitioners are in for a treat as Anyscale announces Ray Training Day, scheduled for September 30, 2024 in San Francisco. As Anyscale reports, the event promises a day of intensive training focused on advancing Generative AI (GenAI) and Large Language Models (LLM). Comprehensive training for all levels Regardless of your experience level, Ray Training Day offers sessions designed for…
The PEPE token has fallen 52.2% from its all-time high as its market cap has decreased. Major Ethereum Players Raise Over $5 Million from PEPE Sales With some exceptions, most major on-chain signals turn red for PEPE. Despite its massive 500%+ year-to-date gains, PEPE is facing another setback. For instance, blockchain statistics agency LookOnChain found that one of the largest PEPE coin whales on Ethereum (ETH) has cashed out all of its PEPE holdings in a series of moves.The major player was first discovered to have withdrawn 795.92 billion PEPE coins on March 1, 2024. In a second attempt, the…
On August 13, Bitcoin (BTC) remained below $60,000 despite global macroeconomic events.BTC/USD 1-hour chart. Source: TradingViewBitcoin Ignores Slump as Japan ReboundsAccording to data provided by Cointelegraph Markets Pro and TradingView, there was a sluggish opening on Wall Street for BTC/USD, which was in stark contrast to the stock markets.The bullish sentiment was led by Japan, where the Nikkei 225 completely recovered its record losses from earlier this month. The index closed at 36,232 points, up 3.45% on the day.U.S. stocks also got off to a positive start, with the S&P 500 and Nasdaq Composite up 0.8% and 1.4%, respectively, in…
Yat Siu, chairman of Hong Kong-based Web3 venture capital firm Animoca Brands, said that while non-fungible tokens are currently “competing for attention with memecoins,” their “non-fungible” nature will ensure their continued relevance.Animoca has been investing in NFTs for the long term, but the overall market is struggling to catch up to its peak numbers in 2021 and 2022, according to Cryptoslam. dataThe total NFT trading volume for the week of August 22, 2021 was $3.24 billion, while the market hit around $80 million last week.“NFTs are competing for attention with Mimecoins right now,” Siu told The Block at the Foresight…
Miami, Florida, August 13, 2024, Chainwire Floki is delighted to announce that its groundbreaking PlayToEarn MMORPG, Valhalla, will be fronting a high-profile advertising campaign spanning the entire 2024-25 English Premier League (EPL) season. This campaign will leverage LED signage during live matches to provide massive global exposure and build brand credibility. The English Premier League is the most popular sports league in the world, attracting more viewers than the UEFA Champions League and the Bundesliga combined. During the 2022-23 season, the EPL boasted a cumulative viewership of 3.23 billion. According to Nielsen data, the league is broadcast to 712 million…
A prominent analyst and trader has warned that Bitcoin (BTC)’s months-long bull run is now just a glimmer of hope. Altcoin Sherpa, an anonymous analyst, told his 219,700 followers on social media platform X that he was watching Bitcoin price closely as it moved near $58,000. According to the trader, an immediate drop below $58,000 could spell trouble for the crypto king. “$58,000 would be my level of interest for BTC. I expect a pullback. The reaction in that area will tell. If you resist strongly, we will test higher levels. Weak or non-existent repulsion = We go to Hades.”…
Alvin Lang Aug 14, 2024 02:27 The EOS RAM Ecosystem Fund, led by Yves La Rose, aims to support the growth and development of the EOS blockchain by funding public goods and community projects. The EOS Network Foundation (ENF) has announced the EOS RAM Ecosystem Fund under the leadership of Executive Director and Founder Yves La Rose. According to eosnetwork.com, the initiative aims to accelerate the growth of the EOS blockchain by funding public goods and community projects. Yves La Rose: A Leader with a Vision Yves La Rose, the driving force behind ENF,…
Bitcoin’s post-halving price action is expected to see a “six-figure valuation” per BTC, a popular technical indicator predicting a bullish pattern for the world’s largest cryptocurrency. Bitcoin (BTC) recently fell below $50,000, trading below its “post-halving growth trajectory range,” according to cryptocurrency data provider Ecoinometrics, based on previous price action.“If we get back to this range before the end of the year, we have a high chance of 1 BTC being worth six figures,” they declared, setting an ambitious target for the Bitcoin price.”Well, assuming the same growth rate as the last 3 cycles, we expect 1 BTC to be…
Celestia (TIA) has been in the market spotlight as one of the best performing altcoins over the past seven days, rising 14.5% to trade at $5.57. However, despite the recent surge, the modular blockchain project’s native token is likely to struggle to sustain its upward momentum, according to on-chain data. Celestia Rally, in jeopardy due to these factors One indicator that points to a potential decline in the price of Celestia is its social dominance, which measures the rate at which an asset is discussed compared to other top 100 cryptocurrencies. For example, if a project has 30% social dominance,…