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Trader Nets 3,263,900% Profit on New Dogecoin (DOGE) and Shiba Inu (SHIB) Rival: On-Chain Data

Trader Nets 3,263,900% Profit on New Dogecoin (DOGE) and Shiba Inu (SHIB) Rival: On-Chain Data

On-chain data reveals that a savvy crypto trader has netted a staggering 3,263,900% profit from a new Dogecoin (DOGE) and Shiba Inu (SHIB) rival. According to blockchain tracker Lookonchain, the investor bought over 2.5 trillion of meme coin Pepe (PEPE) using $25 worth of Ethereum (ETH). The value of the purchased PEPE is now $816,000, […]

The post Trader Nets 3,263,900% Profit on New Dogecoin (DOGE) and Shiba Inu (SHIB) Rival: On-Chain Data appeared first on The Daily Hodl.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

Two Ethereum-Based Altcoins Jump After Crypto Exchange Coinbase Announces Support

Two Ethereum-Based Altcoins Jump After Crypto Exchange Coinbase Announces Support

Leading US crypto exchange Coinbase is officially rolling out trading services for two digital assets that were recently added to its listing roadmap. In a new announcement, Coinbase says that Aurora (AURORA) will be available accompanied by the “Experimental” label, which the exchange applies to “assets that are either new to our platform or have […]

The post Two Ethereum-Based Altcoins Jump After Crypto Exchange Coinbase Announces Support appeared first on The Daily Hodl.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

Coinbase Puts Two Low Cap Ethereum Altcoins on Its Listing Roadmap As Crypto Markets Stall

Coinbase Puts Two Low Cap Ethereum Altcoins on Its Listing Roadmap As Crypto Markets Stall

Top US crypto exchange Coinbase has put two Ethereum-based altcoin projects on its roadmap to becoming a part of its burgeoning roster of tradable assets. Announcing via Twitter, Coinbase says it has placed Aurora and MXC to its roadmap. Aurora aims to execute Ethereum contracts on the NEAR blockchain. The project says it’s here to […]

The post Coinbase Puts Two Low Cap Ethereum Altcoins on Its Listing Roadmap As Crypto Markets Stall appeared first on The Daily Hodl.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

Internet of Things (IoT) Blockchain Project Surges After Crypto.com Listing

Internet of Things (IoT) Blockchain Project Surges After Crypto.com Listing

An Internet of Things crypto project has surged after a surprise listing from a prominent exchange. Crypto.com rolled out support for Meta X Connect (MXC) on Tuesday, sending MXC’s price soaring nearly 17%. MXC is also up 8.44% in the past 24 hours. Meta X Connect, recently rebranded from MXC Foundation, wants to build a […]

The post Internet of Things (IoT) Blockchain Project Surges After Crypto.com Listing appeared first on The Daily Hodl.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

Ethereum Whale Accumulates 163,200,000,000 Shiba Inu (SHIB) As Memecoin Witnesses Trading Volume Spike: On-Chain Analysis

Ethereum Whale Accumulates 163,200,000,000 Shiba Inu (SHIB) As Memecoin Witnesses Trading Volume Spike: On-Chain Analysis

Ethereum (ETH) whales are accumulating Dogecoin (DOGE) competitor Shiba Inu (SHIB) by the billions as the memecoin’s trading volume spikes. According to whale-watching platform WhaleStats, the top 100 ETH whales have bought 163.2 billion SHIB during the last 24 hours. The feeding frenzy caused the dog-themed token to crack the list of top 10 crypto […]

The post Ethereum Whale Accumulates 163,200,000,000 Shiba Inu (SHIB) As Memecoin Witnesses Trading Volume Spike: On-Chain Analysis appeared first on The Daily Hodl.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

Shiba Inu (SHIB) Becomes Top Altcoin Among Ethereum Whales As Crypto Markets Crash: WhaleStats

Shiba Inu (SHIB) Becomes Top Altcoin Among Ethereum Whales As Crypto Markets Crash: WhaleStats

Fresh data shows the world’s biggest Ethereum (ETH) whales are hoarding meme coin Shiba Inu (SHIB) at an average value of over $3.6 million each. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows the average Shiba Inu holdings are 463.5 billion SHIB tokens […]

The post Shiba Inu (SHIB) Becomes Top Altcoin Among Ethereum Whales As Crypto Markets Crash: WhaleStats appeared first on The Daily Hodl.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

Trading for EGLD, FARM, FORTH and More Starts June 16 – Deposit Now!

We’re thrilled to announce that Kraken now supports Elrond (EGLD), Harvest Finance (FARM), Stafi Protocol (FIS), Ampleforth Governance Token (FORTH), Gitcoin (GTC), Liechtenstein Cryptoassets Exchange (LCX), MXC (MXC), NEAR Protocol (NEAR) and Swipe (SXP)! Funding and Trading Funding is live, and trading will begin on…

The post Trading for EGLD, FARM, FORTH and More Starts June 16 – Deposit Now! appeared first on Kraken Blog.

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst

OKEx, MXC Announce $40M Investment in Solana Ecosystem

The Solana Foundation receives backing from two major industry players. 

Crypto Exchanges Back Solana 

OKEx and MXC are doubling down on Solana. 

The cryptocurrency exchanges have partnered with the Solana Foundation across two funds to nurture growth in the blockchain’s ecosystem. The funds will bring in $40 million of new capital. 

Antonaly Yakovenko, President of the Solana Foundation, told Crypto Briefing that the chain has enjoyed rapid growth, specifically in the decentralized finance space. He said: 

“Our focus is to offer the best possible experience to users, teams building on Solana, and partners in the ecosystem. The Solana Foundation will continue to support innovative new approaches to DeFi around the world.”

The $40 million sum will support the growing number of teams building on the Layer 1 chain. Projects will be able to access resources and receive help with publicity, endorsements, and marketing. 

Many promising teams have deployed their code on Solana in recent months, as the weight of Ethereum’s gas fees acts as a barrier to wider adoption. The high-speed chain can process transactions for a fraction of a cent, which is a stark contrast to Ethereum today. In February, the automated market maker Raydium launched on the platform, quickly attracting $160 million in total value locked. One recent proposal suggested that the Ethereum-native project SushiSwap could move onto Solana through Raydium.

Serum, Terra, Tether, and Chainlink, among others, already run on the chain. 

The support from two key industry players is another positive sign for Solana’s future. OKEx and MXC are two of Asia’s biggest cryptocurrency exchanges, processing billions of dollars in daily volume. Sam Bankman-Fried, advisor to Serum and one of Solana’s key advocates, told Crypto Briefing that he was “extremely excited to see some of the most important players in crypto commit to building out the most ambitious vision for Web3.” 

The exchanges will focus on assisting projects building on the chain. OKEx has called its fund the Block Dream Fund, focusing on project growth and development. According to the press release, part of MXC’s work will involve giving “guidance to projects looking to access the Asia institutional and retail markets.” 

At a market cap of just over $3.5 billion, Solana’s SOL token is currently the 29th biggest cryptocurrency. It’s trading at $13.15. 

Disclosure: At the time of writing, the author of this feature owned ETH and several other cryptocurrencies. They also had exposure to SUSHI in a cryptocurrency index. 

Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst