Author: Yeek.io
Shiba Inu price continued to consolidate this weekend even as some cryptocurrency analysts remained optimistic. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.00002812, up by 163% from its lowest level in August. Some analysts predict that Shiba Inu was on the cusp of a strong bullish breakout in the coming weeks. In an X post, SHIB Mortal, predicted that the coin would jump to $1 in this bull run. Similarly, Daink, a popular trader with over 88k followers, expects the coin to have a strong bullish breakout. He cited its strong technicals on the monthly…
Layer3 is excited to announce our newest partnerships with Dimo and React, two leaders in an emerging category called ‘Token Incentivized Physical Networks’ or TIPIN. TIPIN refers to decentralized networks of physical hardware that are bootstrapped through token incentives. Things like car data, excess energy, wireless access, and cloud storage require significant capital expenditure and operational overhang. Token incentives help catalyze these networks as users earn ownership in the network by supplying or sharing their resources or data. At Layer3, our mission is to enable users learn, explore, and succeed in Web3. To that end, we are excited to partner…
New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise. In a new thread on the social media platform X, Glassnode says that long-term holders now own a significant supply of SOL, believing that Solana’s bullish phase is far from over. “Solana investors are HODL-ing (holding on for dear life) firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is growing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers.” Source: Glassnode/X But the…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Proposal to Adopt BitcoinAmazon and Microsoft have been urged to include Bitcoin in their corporate coffers by the Washington, DC-based think organization, the National Center for Public Policy Research. The group thinks Bitcoin might increase shareholder value and protect cash reserves from inflation. The NCPPR asserts that measures of inflation, such the Consumer Price Index, are underestimating the actual devaluation of fiat money, which might be as much as twofold – the official rate of 4.95%.At Microsoft, this proposal faced significant resistance. Shareholders rejected it, citing concerns over Bitcoin’s volatility. Amazon is set to vote on a similar proposal at…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
What is Vana (VANA)? Vana is a native EVM-compatible Layer 1 blockchain designed to empower users with ownership and control over their data. Built to address the growing demand for decentralized, user-centric solutions, Vana combines the efficiency of Ethereum Virtual Machine (EVM) compatibility with a mission to redefine the way data is managed and monetized. Vana operates as a scalable and secure blockchain network, providing developers and users with a decentralized infrastructure tailored for applications that prioritize user autonomy and data privacy. Its design emphasizes speed, scalability, and user empowerment, offering a robust foundation for building decentralized apps (dApps). Key…
Spot Bitcoin exchange-traded funds in the U.S. recorded $479.06 million in inflows on Dec. 9, even as Bitcoin’s price briefly plunged below $95,000, triggering a downturn in the broader crypto market. According to data from SoSoValue, the latest net inflows into 12 spot Bitcoin ETFs marked the eighth consecutive day of positive movement, bringing cumulative inflows over this period to $3.6 billion. BlackRock’s IBIT led the pack for the seventh straight day, attracting $394.07 million in inflows on Dec. 9. Fidelity’s FBTC also performed strongly, securing $175.47 million in inflows. Grayscale Bitcoin Mini Trust added $7.25 million in more modest…
MOODENG showed a bullish falling wedge pattern, with key support at $0.35 and targets up to $0.93. Net outflows of $481K signaled investor accumulation, reducing sell-side liquidity for potential price growth. Moo Deng [MOODENG] dropped 2.07% in the last 24 hours. At press time, the coin was trading at $0.3876. Its 24-hour trading volume stands at $133.7 million. Over the past week, the token has fallen by 15.97%. MOODENG’s market cap is $383.5 million, and its circulating supply is 990 million tokens. In the past 24 hours, its price ranged between $0.3797 and $0.4042. Over the past 7 days, it…
Let’s be real: Marketing in web3 absolutely sucks. In an industry with no pre-defined growth playbook, marketing is one of the gray areas where you’ll see the widest variation of tactics deployed. Often, it’s difficult to know where to even start. Do I propose a giveaway? A NFT raffle? An airdrop? In this article, I’ll be exploring some of the main methods of marketing that are commonly employed by web3 marketers, why you can do better, and some practical, scrappy tips for kickstarting a marketing campaign — especially if you’re resource-strapped and want to explore novel, yet crypto-native, ways of…