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Shiba Inu & Dogecoin Collapse 90% From All-Time Highs

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Shiba Inu and Dogecoin reached their all-time highs in 2021 and failed to reclaim their previous glory for two years. While Dogecoin touched its ATH of $0.73 in May 2021, Shiba Inu reached $0.00008616 the same year in October. Both the leading meme currencies dwindled in price throughout the bear markets in 2022. The dip continued in 2023 leading to investors facing severe losses up until Q2. Investors who took an entry position in both Dogecoin and Shiba Inu in Q3, 2021 are all underwater currently. DOGE and SHIB refuse to spike in price despite investors having positive sentiments toward the cryptocurrencies. SHIB and DOGE command larger-than-life fanfare but that has done little to nothing to boost their price in the indices. Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check Shiba Inu & Dogecoin: Now Down 90% From ATH Source: IB Times Singapore Both Shiba Inu and Dogecoin have added an extra ‘zero’ in the charts leading to inv...

Joe Rogan Gives Shout Out To Crypto-Driven Fight League

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Karakte Combat allows members to use crypto tokens as fan currency to vote on their 100 plus contracted fighters. The Web 3 tokens-based Karate Combat is built on Hedera. advertisement Joe Rogan calls it a great idea Talking about Karate Combat, Joe Rogan said that he really likes the idea of a token that is attached to an organization. “That makes me excited about crypto tokens ,” he added. The league allows Krate token holders to boost their favorite fighter’s potential bonus pool and earn additional tokens at no risk. Karakte Combat claims these tokens differ from sports betting because there is no loser on a bet or wager. You either vote correctly and win tokens or you just don’t receive tokens. They call is “no loss gaming” Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...

PEPE price crashes 65% in two weeks as top whales take profits — More pain ahead?

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Top Pepe mania profiteers have dumped their PEPE tokens en masse, suggesting declining holding interest among whales. Earlier in May, the market capitalization of Pepecoin (PEPE) — a cryptocurrency inspired by the popular internet meme Pepe the Frog — had soared to $1.8 billion. Two weeks later, the PEPE market cap has come crash ing down to roughly $665 million, a 65% decline. Let’s look at the reasons why.  PEPE market capitalization since April. Source: CoinGecko Pepe mania winners dump PEPE whales appear to have been primarily responsible for the price drop, according to data tracked by Wuligy, an on-chain analyst at Dune Analytics. Notably, the top fifteen addresses with the highest earnings and returns, and those holding a significant amount of PEPE tokens around its market peak have dumped most of their holdings in recent weeks.  Some whales have even sold 100% of their PEPE reserves during the crash, as shown below. Top 15 Pepe addresses with highest earnings and returns. Sou...

Crypto Market Recovers as Blame Game Permeates US Debt Default Outlook

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As lawmakers on Capitol Hill and the President Biden Administration explore solutions, there has been a reported blame game by the negotiating parties. President Biden and House Speaker Kevin McCarthy met yesterday to discuss modalities to avoid the debt crisis, but per report, no major deal was inked as it concerns the troubling debt ceiling talks. advertisement Considering the turn of events, President Biden made a comment to show that he is not to blame for whatever outcome the US economy suffers moving forward.  Commenting on this statement, pro-crypto lawmaker, Tom Emmer said the President will have to take the responsibility for whatever the outcome is as members of the opposition have been making the calls to reach a deal before getting to this dire point. We’re nine days out from the Biden administration’s default deadline, and one thing remains absolutely clear: Recommended Articles ...

Exclusive! Shiba Inu: AI Firm Reveal Why They Intend To Burn Trillions of SHIB Tokens Every Year

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Wolf AI, a new video editing platform based on artificial intelligence confirmed that they will burn Shiba Inu tokens. The firm has given a larger-than-life statement saying that they aim to burn trillions of SHIB tokens each year. According to their tweet, Wolf AI will burn 2% fees on every transaction made in the project’s native token WOLF. In addition, the team revealed they will use 15% of their revenue to burn Shiba Inu tokens in the process. Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check Wolf AI – The leading AI Video Creation Platform MAKE YOUR #BNB READY Presale Launching Todayhttps://t.co/WvxRpu2kTS… We support ShibaInu Ecosystem. WE WILL BE BURNING TRILLIONS OF $SHIB EACH YEAR 2% fees on every transaction done in $WOLF will be used in burning… pic.twitter.com/hvlU4smbcH — Wolf AI (@WolfAI_official) May 11, 2023 Watcher Guru reached out exclusively to Wolf AI through influencer SHIB BPP to understand more about the burning mec...

STEPN Secures Landmark Integration With Apple, GMT Price Explodes Over 8%

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Stepn Secures Apple Integration With the implementation of Apple Pay as a seamless payment solution, STEPN aims to eliminate the hurdles users face when engaging in the buying and selling of digital assets. This integration offers greater ease of use, allowing users to utilize their traditional debit and credit cards linked to Apple Pay. By simplifying the transaction process, STEPN anticipates a more engaging and accessible experience for its growing user base. advertisement Read More: PEPE’s Price Sparks Potential Price Rally Following Bullish Breakout Signal Additionally, STEPN has unveiled a new feature called the “Badges & Achievement system” exclusively for iOS users. This enhancement further enhances the gaming experience, offering incentives and rewards to users as they progress through the game. While speaking about the new development, Yawn Rong, co-founder of Find Satoshi Lab (FSL) — the Web3 development studio behind S...

Here’s how to use DeFi on Bitcoin without ‘polluting’ the blockchain

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Bitcoin ordinals or stamps have failed to provide an answer to Bitcoin’s DeFi problems. Bitcoin (BTC) is known for its immutability and the hard-coded rules that make the system secure but slow to modernize. However, that doesn’t mean the Bitcoin blockchain — the underlying network that empowers the original cryptocurrency — is closed to innovation and development. Even though the initial efforts to introduce decentralized finance (DeFi) to Bitcoin such as cross-chain bridges and wrapped tokens resulted in a massive wave of hacks and exploits in the DeFi space, developers continue to look for new and more reliable ways to tap into the unmatched liquidity of the BTC pool. Launched in November 2021, the Bitcoin Taproot upgrade was an important step in adding extra functionality to the base layer of Bitcoin. Among other benefits, including cheaper and more efficient transactions, the Taproot upgrade also introduced rudimentary smart contracts — the backbone of DeFi — to Bitcoin for the f...

Ripple Will Be Billed a Minimum of $250,000; Says XRP Attorney 

The XRP attorney John E Deaton propounded that a minimum of $250,000 would be required for remunerating multiple paralegals, associates, and partners who review the documents submitted for the SEC-Ripple case’s summary judgment. On May 20, Deaton shared a Twitter thread, inviting the opinions from his followers, regarding the amount expected to be billed on Ripple: Want to take a guess at how much Ripple will be billed for multiple paralegals, associates, and partners to review each document to make sure each redaction complies and satisfies Judge Torres’ decision? And then review the SEC’s submissions as well? I say $250K minimum. — John E Deaton (@JohnEDeaton1) May 19, 2023 In a preceding tweet, the lawyer acknowledged different opinions and perspectives within the crypto community, asserting that “at the end of the day, we [they] are all speculating”. Considering the multiple outlooks within the community, Deaton has provided a stage for crypto enthusiasts to...

US Presidential Election Campaign: Flurry Of Pro-Crypto Reforms

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Also Read: Cardano Founder Calls For “Decentralized Updates” Over Ledger Controversy advertisement The debate in election campaigns stems out of a hard stance taken by the current US administration against crypto businesses operating in the country. In recent times, criticism against the U.S. Securities and Exchange Commission (SEC) reached new heights over a series of anti crypto enforcement actions despite calls for a comprehensive regulatory framework. Robert F. Kennedy Jr Promises Pro-Crypto Environment Speaking at an event as part of his campaign, Kennedy raised the issue around the need for a free and fair crypto environment in the country. He also condemned the US administration’s plans to tax 30% on the electricity used for crypto mining. “Everybody is so passionate about Bitcoin , not just because it’s a currency but because it’s an exercise of democracy. When I am President I am going to make sure you (eve...