Author: Yeek.io

Pepe a token inspired by the 2000s meme “Pepe the Frog,” witnessed a strong whale selloff yesterday, Dec. 8, but the asset still continued its move upwards. Pepe (PEPE) rose to an intraday high of $0.000027 on Monday, setting a new all-time high and marking an increase of nearly 2000% since the beginning of the year, making it one of the best-performing assets. The altcoin’s market cap stood at over $11.37 billion, with the recent rally extending PEPE’s monthly gains to 157%. PEPE price and large holders net flows – Dec. 8 | Source: IntoTheBlock According to data from IntoTheBlock,…

Meme coins are gaining traction and whales are likely to push the assets further as the market cap hits a new all-time high. According to the market intelligence platform Santiment, leading meme coins show signs of “mini breakouts.” These assets see notable spikes in their social activity over the last eight days. https://twitter.com/santimentfeed/status/1865621956399153273 Large meme coin holders would likely push the prices to create FOMO (fear of missing out) among retail investors to take profits potentially, per the Santiment X post. Dogecoin (DOGE), Pepe (PEPE), dogwifhat (WIF) and Bonk (BONK) are seeing greedy signals on social platforms, with Pepe dominating…

Aptos Foundation has teamed up with SK Telecom to bring Tether’s USDT stablecoin to T wallet. Aptos Foundation is set to integrate Tether’s (USDT) stablecoin into SK Telecom’s web3 product called “T wallet” in a bid to expand access to stablecoins through a familiar platform used by millions of SK Telecom’s customers. In a Friday press release shared with crypto.news, the foundation said the integration, supported by SK Telecom’s PASS app, will enable users to access USDT on the Aptos blockchain with minimal friction, bridging traditional finance with decentralized systems. SK Telecom, the nation’s largest telecom operator, sees the partnership…

Ape’s breakout signals bullish potential, but resistance at $2.70 remains critical. Declining address activity could challenge sustained momentum despite positive on-chain and technical metrics. ApeCoin’s [APE] recent price breakout from a descending triangle pattern on the weekly chart has stirred market excitement, signaling a potential shift toward bullish momentum. At press time, ApeCoin was trading at $1.86, down 2.61% in the past 24 hours, but technical indicators suggest room for further gains.  The RSI stood at 65.94, reflecting strong momentum, while a bullish moving average crossover, where the shorter MA has surpassed the longer MA, confirms an upward trajectory. However,…

MOG is a popular meme token launched on Ethereum’s layer-1 blockchain. Since this currency is purely driven by community and internet hype, it’s very volatile and difficult to predict. However, with the recent Coinbase announcement, MOG is expected to see some major growth. On December 3, Coinbase announced that MOG would be added to its listing roadmap. Soon after that, its value increased by more than 20%, bringing its total market cap close to $1 billion. It is now ranked among one of the top 150 currencies in the industry. This is the best time to invest in MOG coins…

Current ChallengesDominance has fallen to 12.6%, a low last seen in April 2021. Its relative underperformance against Bitcoin has also been poor, shedding more than 50% in value since 2021. Spot Ether ETFs have received only lukewarm inflows compared to Bitcoin ETFs. If all that wasn’t enough, Ethereum faces fresh competition from Solana and Sui among other smart contract platforms.Reasons for OptimismDespite setbacks, Ethereum still leads in decentralized finance (DeFi) liquidity and applications. More than half of all blockchain value is locked in Ethereum’s ecosystem, including its layer-2 (L2) networks. The scalability improvements from L2 solutions like Base have shown…

Este artículo también está disponible en español. Ethereum (ETH) is making headlines as it trends toward the $4,100 mark, reaching a new yearly high of $4,096. This milestone, just $3 above the previous high set in March, signals a potential resurgence for the second-largest cryptocurrency by market capitalization. The price action has caught the attention of analysts and investors, particularly as Ethereum continues to outperform expectations in a market dominated by volatility and uncertainty. Related Reading Key metrics from IntoTheBlock shared by analyst Ali Martinez shed light on the network’s activity, revealing a surge in large Ethereum transactions. Historically, such…

The NFT market experienced significant fluctuations in the past year. Nine months ago, it peaked at $2 billion before crashing, but it has since seen a resurgence. NFT Market Recovery Snapshot In November, the NFT market began to recover, achieving a trading volume of $698 million, which represents a 22% increase from October. This was driven by renewed interest in high-value collections like Pudgy Penguins. However, the number of sales decreased by 11% to 3 million, indicating that there were higher-value transactions rather than an increase in volume. What’s Driving the Recovery The increase in volume is due to NFTs…

SBI Digital Markets, UBS Asset Management, and Chainlink have successfully completed a pilot program showcasing the use of smart contracts to manage tokenized funds. The companies announced this on Nov. 18, noting that the solution brings automated tokenized fund management to the market and leverages the Chainlink (LINK) infrastructure. With this solution, users can automate their tokenized fund management processes, unlocking blockchain capabilities for the world’s $132 trillion assets under management market. urrently, the total real-world assets on-chain represent a market of around $13.2 billion. Solution allows for efficient scaling of tokenized funds  According to a press release, the tokenized…

Ripple and Archax have teamed up to launch the first tokenized money market fund in the UK. The fund is now available on the XRP Ledger (XRPL), a decentralized blockchain, and it introduces a tokenized version of ABRDN’s £3.8 billion US Dollar Liquidity Fund (Lux). source: X According to press release, the collaboration between Archax and Ripple aims to streamline financial processes and reduce operational costs. By leveraging the XRPL’s efficiency and scalability, institutions can now tokenize and trade real-world assets more seamlessly. This new venture makes Archax, a FCA-regulated digital asset exchange, broker, and custodian, the first to tokenize…