A group of meme-loving cryptocurrency netizens have purchased the rights to the Shiba Inu photo linked to Dogecoin and the doge meme.Own the Doge, a decentralized autonomous organization (DAO), has purchased the rights to the iconic image of Kabos, an 18-year-old Shiba Inu, from the dog’s owner, who is a co-leader of the group. said Cointelegraph. A photo of a perplexed dog sitting on a sofa gained notoriety in the cryptocurrency industry, inspiring a meme called “doge” featuring the dog surrounded by multicolored pieces of text indicating some kind of internal monologue. according to On KnowYourMeme, the meme encyclopedia.The purchase…
Author: Crypto Flexs
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introductionEvery meme coin investor’s dream is simple. Identify the next big meme coin early and leverage this investment to acquire life-changing wealth.The 2024 cryptocurrency bull market has paved the way for investors this year to achieve life-changing wealth through astronomical increases in value through dog-themed tokens and politically inspired cryptocurrencies.In this article, we explore the quirky and lucrative world of meme coins and highlight how a modest investment can turn everyday cryptocurrency investors into millionaires.XUnderstanding the Meme Coin ExplosionMeme Coin MechanicsLet’s face it – Meme coins attract investors due to the potential for quick and ridiculously high returns. This is…
The air roars with anticipation as the Bitcoin network hurtles towards its fourth halving event, expected in the coming hours. This pre-programmed phenomenon halves the block reward (the number of new Bitcoins created for transaction confirmation) to miners. Some see this as the recipe for another digital gold rush, but experts warn against blind optimism. Bitcoin rewards are cut, not supplied There are many misunderstandings ahead of the halving. Binance co-founder Changpeng Zhao recently stated that halvings do not reflect stock splits, which increases the total number of shares. In contrast, halvings reduce the rate at which new Bitcoins enter…
Merlin Chain Launches MERL: A Big Leap Forward for Bitcoin Layer 2 Solutions – Chainwire housenewsroomMerlin Chain Launches MERL: A Big Leap Forward for Bitcoin Layer 2 Solutions We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary…
was Bitcoin halving is just hours away. And related releases Rune Fungible Token StandardAnd collectors at the top of the chain might wonder: What does this have to do with anything? NFT-good night ordinal number Is there an inscription on the chain? and what BRC-20 fungible token Is it built on the Ordinals protocol?unequal Ethereum’s “merge” transition Not until late 2022 Reasons for concern About what can happen on-chain Bitcoin later assets bisector. Halving simply means that mining rewards are reduced every four years, which tends to slow the supply of new BTC entering the market and ultimately lead to…
The Ethereum (ETH) ecosystem, a cornerstone of the cryptocurrency market, is facing a corporate dilemma regarding speculation that ETF spot approval is unlikely. According to a top analyst, there are serious doubts about the feasibility of this approval, sparking massive hesitation among investors and a search for reasonable alternatives. The analyst recommends ALGT, an alternative ERC-20 token that can generate 10x ROI. This article covers details about AlgoTech (ALGT) and the role it plays in the ever-changing cryptocurrency market. Algotech (ALGT): AI-Driven Innovation ALGT, Algotech’s native token, is an innovation that follows the core goals of DeFi infrastructure. By combining…
Hedgey Protocol lost $44.7 million in a double cyberattack. The protocol targeted both Arbitrum and Ethereum chains. Hedgey advises users to revoke authorizations and cancel active charges pending an ongoing investigation. Decentralized finance (DeFi) platform Hedgey Protocol is in the throes of a cyber siege after suffering a devastating attack that resulted in massive losses of $44.7 million across its Arbitrum and Ethereum blockchains. Cybers Alerts, a leading cybersecurity watchdog, discovered vulnerabilities exploited in the attack, raising urgent concerns about the security environment within the DeFi ecosystem. Hedgey protocol hacked on Arbitrum and Ethereum chains Cybers Alerts said the attack…
tron TRX +1.86% Founder Justin Sun “traveled extensively,” spending more than 380 days in the U.S. from 2017 to 2019 while certain tokens were being promoted and sold, the Securities and Exchange Commission said in an updated complaint.During that time, Sun spent time in several American cities, including New York, Boston, and San Francisco. The agency said Rainberry, the name given by Sun when it acquired BitTorrent in 2018, rented the apartment where the cryptocurrency entrepreneur stayed while on a business trip in 2019. “The Court has personal jurisdiction over Defendants because Defendants knowingly took action against the United States…
A closely followed cryptocurrency strategist believes that if Dogecoin (DOGE) succeeds, another memecoin will benefit from the hype. Pseudonym analyst Inmortal says With his 212,500 followers on social media platform “Should we pump DOGE on April 20th? Then FLOKI will follow. Confirmed to be greater than 0.00016.” Source: Immortal/X Looking at the analyst’s chart, he suggests that turning the $0.00016 level into support would confirm a FLOKI breakout. FLOKI is trading at $0.0001385 at the time of writing, up almost 2% in the last 24 hours. Next is the analyst Called Bitcoin (BTC) appears to have reached a market bottom.…
A wind of change is blowing around Ethereum (ETH), the world’s second largest cryptocurrency. The Ethereum network itself is active, but the price of ETH has plummeted in recent days, leaving investors scratching their heads. Tether (USDT)’s recent moves offer a glimmer of hope. Tether, the world’s most popular stablecoin issuer pegged to the U.S. dollar, transferred a whopping $318 million worth of USDT directly from its Treasury wallet to an exchange on the Ethereum network. Source: X These outflows point to potential expectations of increased demand for USDT, which in turn could be a sign of growing investor interest…