Solana meme coins are whipping up a frenzy in the crypto market. The latest sensation is SMOG, which went on to climb around 1400% on its release and continues to top the charts. Meme Kombat ($MK) is another viral meme coin that has caught the attention of the market. Although $MK has yet to be launched, that hasn’t stopped it from igniting FOMO. The GambleFi meme coin is now close to $8.5M in its hot presale. Here is an analysis of both SMOG and Meme Kombat and how they...
Read More »Former BitMEX CEO Arthur Hayes Champions ‘Points’ Over ICOs in Crypto Fundraising
In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement. Hayes argued that points combine the best aspects of ICOs and yield farming while addressing their respective limitations. ICOs, he noted, allow retail investors to purchase a stake in a new protocol but...
Read More »Discover SpaceCatch – The Game You Won’t Be Able to Leave Aside
The gaming industry keeps coming up with new and bright ideas, relying on advanced technologies, updated concepts, and improved features to keep players engaged for as long as possible. Still, there is one thing that might drive users away from the video or online games we are used to playing at the moment – the centralized ecosystem. With the evolution of crypto and blockchain technology, many users have realized that there is another way to do things: a better, more...
Read More »Trader Speculates New Solana Meme Coin SMOG Could Explode in February
The meme coin market remains popular in early 2024, with a new Solana-based token called Smog turning heads. Launched earlier this week, Smog (SMOG) has already surged by over 1,000%, attracting positive price forecasts from prominent crypto traders. SMOG Token Takes Flight with Huge 1,000%+ First-Day Surge SMOG was launched on the Jupiter DEX on February 7 and has since rocketed in value, with birdeye.so data showing that a whopping $1.2 million in trading volume occurred...
Read More »Arthur Hayes Supports Points Crypto Funding Model despite Its Opaqueness
CoinspeakerArthur Hayes Supports Points Crypto Funding Model despite Its Opaqueness Hayes emphasizes that "points" combine ICO and yield farming best features to raise funds and drive user growth during the current bull market. Arthur Hayes Supports Points Crypto Funding Model despite Its Opaqueness
Read More »Solana Price Rebounds 9% After Network Outage, While Meme Kombat Presale Nears Conclusion
Solana’s (SOL) price has rebounded over 9% in the past day, recovering from the network outage earlier this week. The outage, which lasted almost five hours, highlighted concerns about the network’s stability and centralization. In other news, the Meme Kombat (MK) presale is nearing its conclusion, with early investors having one final chance to acquire tokens before their Uniswap listing. Solana Outage Causes Brief Turbulence, But SOL Quickly Recovers Despite the outage on...
Read More »New Airdrop-Focused Meme Coin ‘SMOG’ Sees Fair Launch on SOL And Soars 1,400% In First Hour
The newly launched SMOG Token is diving headfirst into the Solana ecosystem with a unique airdrop utility to bring a novel theme to the bustling blockchain. The project fairly launched through a Jupiter liquidity pool, which went live at 16:00 UTC on February 7th. The mystique behind $SMOG caused a wave of early buying as the project shows the hallmarks of an expert Web3 team, pushing the market cap for the token beyond $1 million in its first hour. The swift success of SMOG...
Read More »Crypto Firm Bakkt Reportedly Runs Low on Cash
CoinspeakerCrypto Firm Bakkt Reportedly Runs Low on Cash According to Bakkt, all hope is not lost though. The firm has put forward a new plan that it believes will set it right back on the path to success. Crypto Firm Bakkt Reportedly Runs Low on Cash
Read More »KoinBay Crypto Staking: Contributing to the Blockchain and Gaining Potential
Cryptocurrencies like Bitcoin rely on a process called mining to verify transactions and maintain the network. However, mining has limitations, particularly in terms of energy consumption and centralized computing power. In recent years, a new alternative has emerged: crypto staking. Staking offers a different way to participate in the network, one that’s more environmentally friendly and potentially more engaging. What is Crypto Staking? Crypto staking is the process of...
Read More »Cathie Wood Picks Bitcoin as Next Safe Haven Asset as Traders Back Bitcoin Minetrix ICO
ARK Invest CEO Cathie Wood has set her sights on Bitcoin as the next viable, safe haven asset for investors. In a recent chat with ARK Chief Futurist Brett Winton, Wood pointed to Bitcoin’s resilience as one of the key reasons why she believes it can be classed as “digital gold.” With traders also rushing to back the Bitcoin Minetrix (BTCMTX) ICO, the crypto market could be witnessing a shift in sentiment. Cathie Wood Hints That BTC Could Be a Safe Haven Asset in Recent...
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