memecoin Archive - Crypto News Flash https://www.crypto-news-flash.com/tag/memecoin/ Sun, 05 Feb 2023 19:53:50 +0000 en-US hourly 1 https://www.crypto-news-flash.com/wp-content/uploads/2021/04/cropped-favicon_128-32x32.png memecoin Archive - Crypto News Flash https://www.crypto-news-flash.com/tag/memecoin/ 32 32 Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model https://www.crypto-news-flash.com/community-awaits-elon-musk-to-push-dogecoin-again-as-twitter-launches-new-ad-share-model/?utm_source=rss&utm_medium=rss&utm_campaign=community-awaits-elon-musk-to-push-dogecoin-again-as-twitter-launches-new-ad-share-model Sun, 05 Feb 2023 19:53:50 +0000 https://www.crypto-news-flash.com/?p=234240 Twitter’s new model rollout fuels speculation that payment integration is being accelerated.  Once payment is implemented, Dogecoin supporters are anticipating a long awaited price rally.  All eyes in the Dogecoin community are now on Elon Musk. Lovers of Dogecoin are quite expectant that Dogecoin will be rewarded in due time, as Twitter rolls out a [...]

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  • Twitter’s new model rollout fuels speculation that payment integration is being accelerated. 
  • Once payment is implemented, Dogecoin supporters are anticipating a long awaited price rally. 

  • All eyes in the Dogecoin community are now on Elon Musk. Lovers of Dogecoin are quite expectant that Dogecoin will be rewarded in due time, as Twitter rolls out a new feature.

    Part of the revenue that is generated from Twitter advertisements will soon be made available to creditors according to Elon Musk’s tweet.

    “Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads.” Elon Musk wrote in a tweet that has sent Twitter users over the moon. No further information has been shared so far, but creators are looking forward to Elon Musk and the Twitter team disclosing what the exact amount will be.

    It’s important to keep in mind that accessibility is limited and exclusive to a select few. “To be eligible, the account must be a subscriber to Twitter Blue Verified,” Slon Musk said in another tweet.

    Elon Musk has also clarified what Twitter users should expect from Twitter blue. Raising concerns about the dangers that could arise from the new development, one Twitter user asked Elon Musk about what happens to accounts that were verified before, then later signed up for Twitter blue, and later unsubscribed.

    Elon Musk who seems to think that Twitter blue cannot be trusted responded to the comment. He’s quoted saying that “Twitter’s legacy Blue Verified is unfortunately deeply corrupted, so will sunset in a few months”

    Dogecoin lovers maintain excitement for the weeks ahead, hoping that Twitter will eventually adopt Doge

    There’s been a collective expression of positivity from a lot of users since Musk made the tweet. The tweet from Musk has elicited several responses from big names.

    The likes of  Mr. Beast and other big personalities are responding positively. Lex Friedman, a well-known crypto podcast host is hopeful too. He anticipates that more important content and less drama will follow as a result.

    Creators are looking forward to the possible advantage that the new model will bring to all Twitter users. For the crypto ecosystem, this is another signal that crypto is on its way to Twitter. Once payment begins to go out to Twitter creators, fiat and other cryptocurrencies, as Elon Musk had mentioned in the past, will be added to Twitter.

    With Elon Musk being a known Dogecoin lover, the Dogecoin community is understandably eager to know when Doge finally becomes a payment option on Twitter.

    Der Beitrag Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model erschien zuerst auf Crypto News Flash.

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    Shiba Inu price explodes by 16% as launch of Shibarium inches closer – Report https://www.crypto-news-flash.com/shiba-inu-price-explodes-by-16-as-launch-of-shibarium-inches-closer-report/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-price-explodes-by-16-as-launch-of-shibarium-inches-closer-report Sun, 05 Feb 2023 10:32:31 +0000 https://www.crypto-news-flash.com/?p=234260 Shiba Inu rose by 16%in the last 48-hours, and the reason behind it is extremely bullish.  Shiba Inu supporters might have to be even more patient as Shibarium’s launch date remains a mystery.  Saturday 4th, Shiba Inu is breaking past market limitations with ease. The memecoin is one of the most talked about in the [...]

    Der Beitrag Shiba Inu price explodes by 16% as launch of Shibarium inches closer – Report erschien zuerst auf Crypto News Flash.

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  • Shiba Inu rose by 16%in the last 48-hours, and the reason behind it is extremely bullish. 
  • Shiba Inu supporters might have to be even more patient as Shibarium’s launch date remains a mystery. 

  • Saturday 4th, Shiba Inu is breaking past market limitations with ease. The memecoin is one of the most talked about in the industry, and the reason why is more and more evident each day. Shiba Inu has very recently secured new gains, going up to 16% in the last 48 hours.

    Shiba Inu’s metrics on our data is showing that the memecoin and Dogecoin rival has raked in gains going above 20% in the last 7 days. Shiba Inu hit a high of $$0.00001457 earlier today. At press time, Shiba Inu’s price is sitting at $0.0000142.

    Shiba’s unparalleled run has elicited a response from David Gokhshtein, a crypto opponent who noted that Shiba Inu is seeing a meteoric rise in price.

    Shiba Inu’s performance in 2023 is quite notable among traders and investors alike. Shiba Inu, like many other altcoins in the market, was not spared by the bears last year. Shiba Inu went on to close in December 2022 with a price of $0.000008087.

    Since 2023, Shiba Inu’s gains continued to increase, and the meme coin is now close to unseating Polkadot (DOT). With a market cap of $7.83 billion, Shiba Inu could take Polkadot’s position. Polkadot is currently the 12th most valued crypto, with a market cap of $8.03 billion. With Shiba Inu’s trading volume overshadowing DOT’s, Shib could easily claim that position in the weeks ahead.

    Shibaruim’s launch is boosting Shiba Inu’s massive price pump

    The leading factor behind Shiba Inu’s sky-high rise is not at all a mystery. A close look into the market shows that the market is talking endlessly about the launch of Shibarium.

    Shibarium, the Layer 2 protocol that has been the topic of conversation among Shiba Inu fans, is a major driving force in the Shiba Inu price rally.

    Whale interest in Shiba Inu has increased over time. It appears that top ETH holders are working hard to get a piece of the pie, ahead of Shibarium’s launch.

    This is no doubt driving the price of Shiba Inu. The interest in the memecoin after the launch of Shibarium could surge as a result. More investors might also enter the Shiba Inu market, and send prices even higher.

    However, the Shibarium upgrade might be delayed yet again. The market anticipated that the launch would go down on February 14th. This was after the lead developer of the project Shytoshi Kusama.

    Kusama changed his bio, saying he would “put Shibarium in a heart-shaped box with a bow.” The post has since been wiped off his bio and Shib fans remain expectant for the upcoming weeks.

    Der Beitrag Shiba Inu price explodes by 16% as launch of Shibarium inches closer – Report erschien zuerst auf Crypto News Flash.

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    Shiba Inu most wanted asset among top 100 Ethereum whales – Is SHIB poised for a rally to $0.01? https://www.crypto-news-flash.com/shiba-inu-most-wanted-asset-among-top-100-ethereum-whales-is-shib-poised-for-a-rally-to-0-01/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-most-wanted-asset-among-top-100-ethereum-whales-is-shib-poised-for-a-rally-to-0-01 Wed, 01 Feb 2023 20:08:01 +0000 https://www.crypto-news-flash.com/?p=233619 Memecoin Shiba Inu became the most traded asset by top 100 ETH holders in January.  Shiba Inu knocked out the PREP token to claim the position, and has now overthrown WETH this February.  Popular memecoin and Dogecoin competitor Shiba Inu is making headlines for attaining noteworthy achievements since the start of 2023. Most recently, Shiba [...]

    Der Beitrag Shiba Inu most wanted asset among top 100 Ethereum whales – Is SHIB poised for a rally to $0.01? erschien zuerst auf Crypto News Flash.

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  • Memecoin Shiba Inu became the most traded asset by top 100 ETH holders in January. 
  • Shiba Inu knocked out the PREP token to claim the position, and has now overthrown WETH this February. 

  • Popular memecoin and Dogecoin competitor Shiba Inu is making headlines for attaining noteworthy achievements since the start of 2023. Most recently, Shiba Inu has scored another win in the cryptocurrency market, with Shib becoming the most traded token among top 100 Ethereum (ETH) wallets.

    The report comes from Crypto Twitter user Whalestats, who reveals in a recent tweet, that Shiba Inu has dethroned Perpetual Protocol (PERP), and managed to emerge the most traded token among top 100 ETH whales on the 31st of January.

    When Shiba Inu achieved this feat, data from Coinmarketcap showed that trading volume for that day was over $323 million. On the other hand, its rival Perpetual Protocol (PERP), was only recording a trading volume slightly above $ 51 million.

    Similarly, Whalesats also reported on the 1st of February that Shiba Inu has unseated Wrapped Ethereum (WETH), the ERC-20 compatible version of Ether, to become the most traded token amongst the top 1000 whales.

    The achievements have rightfully triggered a wave of excitement among Shiba Inu supporters and community members. Shiba Inu’s adoption is anticipated to skyrocket this year, with the continuous Shib burn, and the network’s continuous growth.

    Shiba Inu’s popularity rises as it reaches new milestones daily

    As more investors and traders pay attention to Shiba Inu, demand for the memecoin is rising at a meteoric pace. This has now been reflected in the holdings of the largest Ethereum (ETH) whale accounts.

    As WhaleStats reported on the 30th of January, the top Ethereum (ETH) 500 whale accounts are holding the highest amount of Shiba Inu tokens in their wallets.

    With $581,857,477 SHIB coins being held by these whale accounts as at when the report was made,  Shiba Inu dethroned seven other leading altcoins in the market, to attain this position.

    Behind Shiba Inu, are BEST, MATIC, LOCUS, BIT, LINK, UNI, and the MANA token. All of these altcoins collectively made up a total of $1.122 billion during the time of the report.

    All of the growth that Shiba Inu is recording could no doubt influence the price of the memecoin in the near future. As demand and trading rises, Shiba Inu is bound to become even more scarce. This holds positive for its price later on, which is predicted to tap $1 before the close of 2023.

    Der Beitrag Shiba Inu most wanted asset among top 100 Ethereum whales – Is SHIB poised for a rally to $0.01? erschien zuerst auf Crypto News Flash.

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    Shiba Inu: Book your next trip to Vietnam and pay with SHIB – Adption wave hits the market https://www.crypto-news-flash.com/shiba-inu-book-your-next-trip-to-vietnam-and-pay-with-shib-adption-wave-hits-the-market/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-book-your-next-trip-to-vietnam-and-pay-with-shib-adption-wave-hits-the-market Wed, 01 Feb 2023 06:58:52 +0000 https://www.crypto-news-flash.com/?p=232707 Travala partners with Shiba Inu as a payment option to visit Phú Quốc in Vietnam. Shiba Inu continues to increase its utility. Travala.com recently announced Shiba Inu as a valid payment method in a tweet. The world’s leading blockchain-based travel booking platform, has included Shiba Inu in its payment options for a Vietnam destination. Travala [...]

    Der Beitrag Shiba Inu: Book your next trip to Vietnam and pay with SHIB – Adption wave hits the market erschien zuerst auf Crypto News Flash.

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  • Travala partners with Shiba Inu as a payment option to visit Phú Quốc in Vietnam.
  • Shiba Inu continues to increase its utility.

  • Travala.com recently announced Shiba Inu as a valid payment method in a tweet. The world’s leading blockchain-based travel booking platform, has included Shiba Inu in its payment options for a Vietnam destination.

    Travala in the news mentioned that members of the Shiba Inu community can now book activities of their choice at Phú Quốc. Phú Quốc is Vietnam’s largest water sports destination, hosting activities like sailing, kayaking, scuba diving, snorkeling, etc.

    This new inclusion by Travala also enables Shib holders to book any of the 3 million travel products available on Travala.com. Shiba Inu is actively being promoted by Travala as a viable payment option. Recall that in December 2021, Travala implemented support for Shiba Inu.

    Last November, Travala announced that Shiba Inu owners could pay for reservations at W Hotels, a five-star luxury hotel with a base in Dubai. Shiba Inu and Travala teams also signed a collaboration agreement in November. The agreement provided members of the SHIB community with an exclusive offer.

    Members of the Shiba Inu community were prompted to sign up for an account on Travala in exchange for a free credit worth $25. The free credit could be used by Shiba Inu owners to reserve more than 3M hotels. Flights and other travel-related services can also be booked on the Travala platform.

    Trusted by thousands of customers worldwide as their preferred online travel agency, Travala continues to expand its crypto utility. Travelers can choose from among the world’s most amazing lodging options on Travala.  Including everything from hotels, flats, villas, and hostels to 5-star luxury resorts.

    Currently, the Travala.com platform offers 2,200,000+ properties covering 90,124 destinations in 230 countries and territories, at rates up to 40% less than those of other major travel booking websites.

    Shiba Inu continues to Increase Utility

    Shiba Inu has been seeing increasing usage, particularly its acceptability as a payment channel. This growing list of Shiba adoption has caught the attention of top cryptocurrency payment processors like BitPay and Binance Pay. Both processors have been introducing services that enable companies to accept Shiba Inu payments.

    Some businesses have opted to pay salaries to staff in SHIB tokens. Some prestigious charity institutions have also opened up to donations from Shiba Inu owners. Others include e-commerce businesses, real estate developers, merchants, etc., also accepting Shiba Inu as a form of payment.

    The world of cryptocurrencies is generally on a wide adoption spree as the wider global population opts for the more secure, transparent, and faster mode of payment.

    What other utilities might be added to Shiba Inu’s list remains unknown, but the future looks bright and positive for the cryptocurrency and others.

    Der Beitrag Shiba Inu: Book your next trip to Vietnam and pay with SHIB – Adption wave hits the market erschien zuerst auf Crypto News Flash.

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    Bullish for Shiba Inu: Binance stakes 4 trillion SHIB worth $36M – Will it drive the price to $0.20? https://www.crypto-news-flash.com/bullish-for-shiba-inu-binance-stakes-4-trillion-shib-worth-36m-will-it-drive-the-price-to-0-20/?utm_source=rss&utm_medium=rss&utm_campaign=bullish-for-shiba-inu-binance-stakes-4-trillion-shib-worth-36m-will-it-drive-the-price-to-0-20 Thu, 12 Jan 2023 18:53:22 +0000 https://www.crypto-news-flash.com/?p=228784 Binance exchange makes a bullish move on Shiba Inu token, transacting and staking $36 million worth of SHIB.  Analysts maintain an extremely bullish outlook for Shiba Inu in 2023 despite mild bearish pushback The new year is unfolding with Shiba Inu standing out as one of the most promising memecoins of 2023. The memecoin has [...]

    Der Beitrag Bullish for Shiba Inu: Binance stakes 4 trillion SHIB worth $36M – Will it drive the price to $0.20? erschien zuerst auf Crypto News Flash.

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  • Binance exchange makes a bullish move on Shiba Inu token, transacting and staking $36 million worth of SHIB. 
  • Analysts maintain an extremely bullish outlook for Shiba Inu in 2023 despite mild bearish pushback

  • The new year is unfolding with Shiba Inu standing out as one of the most promising memecoins of 2023. The memecoin has attracted Binance, the leading crypto exchange, which has recently staked a staggering $36 million worth of SHIB.

    As noted in some recent tweets by the popular Twitter whale tracker account “WhaleAlert”, Binance reportedly moved 4 million Shiba Inu to an unknown cryptocurrency wallet. The transaction is one of the largest transactions made by a whale account for Shiba Inu this year.




    The $36 million worth of SHIB was later staked by the Binance exchange, as disclosed by Shibburn.

    Shibburn, a platform dedicated to tracking token burns of Shiba Inu, had paid close attention to the move and explained that Binance staked exactly 4 million Shiba Inu on the DEX exchange ShibaSwap.

    Prior to staking the tokens, Binance had also made a Shib transaction worth $116,231,611. The tokens were first staked, and later removed by the crypto exchange shortly after.

    The transaction is particularly bullish for Shiba Inu, as the purchase decreases the token’s overall circulating supply.  The more SHIB tokens are taken off the network, the lesser the supply, and the higher the demand for the asset as it becomes even more scarce.

    Can Binance drive the Shiba Inu token to $0.20?

    Although Binance’s transaction might not drive the memecoin to the $0.20 price level that is being anticipated by market players, it is left to be seen, where Shib is headed next.

    The staked SHIB tokens were only temporarily taken out of the market, as such it is not certain what Binance’s next move will be. But in the meantime, the transactions hint that the exchange is on the bullish side of the market.

    It also is worth noting that near-term price predictions for Shiba Inu in 2023, as noted by analyst Changelly is $0.0000088391. The analyst disclosed that the predictions were influenced by the price instability of Shiba Inu at the start of 2022.

    Cryptocurrency experts are now predicting that minimum and maximum prices for Shiba Inu later in the year could go up to $0.0000080792 and $0.0000090891 respectively.



    At report time, Shiba Inu is valued at a price of $0.000008757, after losses climbed to 5.2% in the last 24 hours.

    Meanwhile, the Shib burn continues, with a total of 17,120,687 SHIB tokens burnt in the last 24 hours. The burn rate is now up 46.44%, bringing Shib’s circulating supply to 589,615,521,307,469 SHIB.

    As the burn rate for Shiba Inu continues to increase, supply is bound to drop drastically, and demand for SHIB is poised to skyrocket over the next couple of months. the market might see new hands being ushered in as a result.

    Der Beitrag Bullish for Shiba Inu: Binance stakes 4 trillion SHIB worth $36M – Will it drive the price to $0.20? erschien zuerst auf Crypto News Flash.

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    Shiba Inu to solve scaling-problem in trillion-$-market – Important updates and SHIB on the way to $0,10 https://www.crypto-news-flash.com/shiba-inu-to-solve-scaling-problem-in-trillion-market-important-updates-and-shib-on-the-way-to-010/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-to-solve-scaling-problem-in-trillion-market-important-updates-and-shib-on-the-way-to-010 Sat, 07 Jan 2023 16:40:14 +0000 https://www.crypto-news-flash.com/?p=227802 Key network validator gives update on launch date for Shibarium public beta testnet launch. Shib to benefit greatly from the launch as adoption is bound to rise and possibly send prices to $0.10. Shiba Inu is set to take over the crypto market with the launch of its new Layer-2 scaling solution Shibarium. The launch [...]

    Der Beitrag Shiba Inu to solve scaling-problem in trillion-$-market – Important updates and SHIB on the way to $0,10 erschien zuerst auf Crypto News Flash.

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  • Key network validator gives update on launch date for Shibarium public beta testnet launch.
  • Shib to benefit greatly from the launch as adoption is bound to rise and possibly send prices to $0.10.

  • Shiba Inu is set to take over the crypto market with the launch of its new Layer-2 scaling solution Shibarium. The launch of Shibarium has been teased for the most part of 2022. Developers are now updating the Shib community on the next move to keep an eye out for.

    In a recent tweet from Ringoshi Toitsu, the operator of FUND REUMining and Validator on the Unification maincahin, revealed that Unification and Shib are coming together to “unify data together.”




    Toitsu also gave more insight on when to expect the launch in response to a twitter user who insisted on getting an exact date for public beta testnet launch.

    “Unification and SHIB team are working non stop to have Shibarium released. There is no exact date provided & would be against my ethics to provide a solid date with no substantial evidence. Best we can do is speculate SOON given the recent github updates.” He explained.

    However, a Shib influencer known as Shib BPP, has revealed that the beta testing is going to come right after the documentation process, which is next on developers list.

    He also pointed out the addition of a “Shibarium announcement” section to the official Shiba token community on Discord.

    Meanwhile, developers have taken time out to clear up rumors surrounding the upgrade. Via the official Shibarium network twitter handle, developers confirmed that Bone is the only token selected by developers for usage and gas fees. “No other tokens will be necessary to operate within the protocol.” They added.

    Developers have also debunked claims that suggests that Shibarium is being developed for other tokens.

    “Furthermore, and to make it strictly clear: Shibarium has been developed for @Shibtoken and not for the sake of other projects who claim ownership or speculation surrounding its operability dependency on any other tokens.” They explained in another tweet.

    Developers reminded community members that the layer-2 scaling solution only belongs to the Shib community and its “solid foundation.” Shibarium will always encompass support Shiba sinus and its growth, they added.

    Can Shib attain a price level of $0.10?

    Shiba Inu has seen a commendable spike in its price since its launch in August of 2020. Since then, the meme coin has been mentioned side by side with the likes of Dogecoin, one of the longest-standing memecoin in the market.

    Shib’s highest price to date is $0.000086. Shib attained this price on the 28th of October and has since dropped to $0.000084.




    Shibarium’s launch is expected to take to bring scalability to the network, and this could in turn help Shib to gain more momentum in the market.

    Some analysts have also predicted that Shiba Inu has the capacity to rise to $0.10 this year. But in the short term, some are predicting a 30% spike in price before the end of January.

    Der Beitrag Shiba Inu to solve scaling-problem in trillion-$-market – Important updates and SHIB on the way to $0,10 erschien zuerst auf Crypto News Flash.

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    Shiba Inu enters billion-$-market with VISA partnership – Will it drive SHIB price to $1? https://www.crypto-news-flash.com/shiba-inu-enters-billion-market-with-visa-partnership-will-it-drive-shib-price-to-1/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-enters-billion-market-with-visa-partnership-will-it-drive-shib-price-to-1 Tue, 20 Dec 2022 08:38:16 +0000 https://www.crypto-news-flash.com/?p=223334 SHIB gets added to top-up options for Guarda’s Wallets Prepaid Visa Cards.  The integration is the latest in a string of payment use cases that SHIB has been gaining.  Shiba Inu (SHIB) clinches a new milestone in its emergence into the multi-billion-dollar payment market. Leading non-custodial cryptocurrency wallet platform, Guarda, has announced that payments using [...]

    Der Beitrag Shiba Inu enters billion-$-market with VISA partnership – Will it drive SHIB price to $1? erschien zuerst auf Crypto News Flash.

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  • SHIB gets added to top-up options for Guarda’s Wallets Prepaid Visa Cards. 
  • The integration is the latest in a string of payment use cases that SHIB has been gaining. 

  • Shiba Inu (SHIB) clinches a new milestone in its emergence into the multi-billion-dollar payment market. Leading non-custodial cryptocurrency wallet platform, Guarda, has announced that payments using SHIB are now enabled at over 60 million stores worldwide.

    The feat is thanks to Guarda’s integration of the memecoin on its prepaid Visa card offering. The platform also announced the integration of other tokens, bringing the total number of supported cryptos to over 20. Other new additions include BUSD, DAI, DOGE, AAVE, and ATOM.

    The integrations are aimed at allowing Guarda Wallet users easily top up their Guarda prepaid Visa cards to shop during the holiday season.

    The platform launched the card offering back in August this year. At the time, it stated that the offering was available in over 25 European Union countries. It includes options for both physical and virtual cards. The cards can also be added to other payment solutions like Apple Pay and will work everywhere Visa cards are supported.

    “Guarda Wallet is thrilled to announce the release of its own prepaid Visa card. You can use this card anywhere Visa is accepted, which means you can use it for online shopping, in-store purchases, and much more,” the company noted.

    Guarda is not the only payment solution to announce support for SHIB recently. Last month also saw FCFPay roll out further support for the memecoin. The company announced that SHIB holders can now pay for flight tickets with SHIB at both American Air and Air Canada.

    FCFPay crypto-enabled prepaid Visa cards were already accepted at hundreds of online merchants including Netflix and Amazon. Similar to Guarda’s integration, FCFPay cards can also be added to Apple/Google pay, but only in the U.S. and Canada.

    It added that SHIB can now be accepted by hundreds of online merchants including subscription-based streaming service Netflix and e-commerce giant Amazon. FCF Pay also enables users of its virtual Visa cards to connect to Apple/Google Pay in the U.S. and Canada and convert their crypto to local currency.

    Will payments use case adoption drive SHIB to new price highs?

    The adoption SHIB is seeing in the payments industry has the potential to move the token from being a memecoin to a coin with more utility. This could in turn drive the price of SHIB to higher price levels.

    At press time, SHIB was trading at around $0.0000088, up 3.08% in the last 24 hours. This marks an about 90% drop from its previous all-time high price of $ 0.0000875 reached in October 2021.

    Meanwhile, payments are not the only use case for which SHIB is seeing adoption. The Shiba Inu ecosystem is also awash with anticipation for the launch of projects including a metaverse platform and a layer 2 scaling solution.

    Der Beitrag Shiba Inu enters billion-$-market with VISA partnership – Will it drive SHIB price to $1? erschien zuerst auf Crypto News Flash.

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    BabyDoge releases Swap testnet on Binance Smart Chain https://www.crypto-news-flash.com/babydoge-releases-swap-testnet-on-binance-smart-chain/?utm_source=rss&utm_medium=rss&utm_campaign=babydoge-releases-swap-testnet-on-binance-smart-chain Tue, 16 Aug 2022 11:32:58 +0000 https://www.crypto-news-flash.com/?p=199375 BabyDoge developers finally released the swap testnet on the Binance Smart Chain. The team said the testnet will introduce more decentralization and more important functionalities.  The Dogecoin-like meme coin BabyDoge has finally launched its swap testnet on the Binance Smart Chain. The entire crypto market has been anticipating the release of the BabyDoge swap facility. [...]

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  • BabyDoge developers finally released the swap testnet on the Binance Smart Chain.
  • The team said the testnet will introduce more decentralization and more important functionalities. 

  • The Dogecoin-like meme coin BabyDoge has finally launched its swap testnet on the Binance Smart Chain. The entire crypto market has been anticipating the release of the BabyDoge swap facility. The way meme coins like Dogecoin and Shiba Inu found their way into the crypto market and were successful has triggered other networks to launch theirs. Less than a week ago, BabyDoge announced that its long-awaited swap was complete. At the time, the meme coin’s developers added that the testnet would go live on the 15th of August. BabyDoge said its swap would include innovations like farming and staking services. 

    As promised, BabyDoge announced that the testnet went live according to schedule. The team announced the development on Twitter (NYSE: TWTR), saying:

    The moment we have all waited for! We are LIVE on BSC test net !

    The testnet will add many essential features that will enhance the entire ecosystem of BabyDoge. Some of these features include DeFi functionality, more decentralization, and staking. Additionally, the swap protocol will introduce transactions at no cost. 

    BabyDoge announces Testnet is live

    Before the testnet went live, BabyDoge boasted of its expanding fanbase. The team said it has been recording an increasing number of BabyDoge holders. At the time of the declaration, the developers claimed to have about 1,603,575 holders of the meme coin. Expectedly, the number will continue to increase as BabyDoge gains more popularity in the crypto community after the testnet. With the holders’ figure, BabyDoge leads over their meme tokens like Dogecoin and Shiba Inu. The team has been working on boosting the coin’s price through burning.

    As burning reduces the number of coins in circulation, demand will rise and ultimately trigger an upward price action. The baby dog developers had burnt 50 quadrillion coins worth about $88 million in a transaction. 

    Earlier this year, BabyDoge entered into a partnership with TSG Hoffenheim to become the football club’s official partner. According to the football club, the joint venture will work on club-specific non-fungible tokens (NFTs). Under the partnership, the BabyDoge logo will also be on LED boards when the club’s team is playing home games. The coin’s project manager, Mike Watson, said the partnership would push BabyDoge’s coverage within and outside the European Union. The team added that it would sign more partnerships in the sports ecosystem to establish itself as a community-centers project. 

    On the other hand, the football club’s CEODenni Strich commented:

    TSG Hoffenheim is happy to be working together with such an innovative and leading brand like Baby Doge. We are excited and looking forward to a successful partnership, where we’ll bring an NFT collection from the club and other exciting projects to life.

     

    Der Beitrag BabyDoge releases Swap testnet on Binance Smart Chain erschien zuerst auf Crypto News Flash.

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    AMC wants to accept DOGE in addition to BTC, ETH, LTC, and BCH for movie tickets https://www.crypto-news-flash.com/amc-wants-to-accept-doge-in-addition-to-btc-eth-ltc-and-bch-for-movie-tickets/?utm_source=rss&utm_medium=rss&utm_campaign=amc-wants-to-accept-doge-in-addition-to-btc-eth-ltc-and-bch-for-movie-tickets Thu, 23 Sep 2021 08:42:51 +0000 https://www.crypto-news-flash.com/?p=144702  AMC, RedSwan are the latest companies to declare interest in Dogecoin (DOGE) for payments.  Dogecoin network activity hits the lowest mark in four years, despite the hype in the market. The world’s largest theatre chain, AMC Entertainment Holdings, is looking to accept Dogecoin (DOGE) for movie ticket payments, according to a Twitter poll by AMC’s [...]

    Der Beitrag AMC wants to accept DOGE in addition to BTC, ETH, LTC, and BCH for movie tickets erschien zuerst auf Crypto News Flash.

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  •  AMC, RedSwan are the latest companies to declare interest in Dogecoin (DOGE) for payments.
  •  Dogecoin network activity hits the lowest mark in four years, despite the hype in the market.

  • The world’s largest theatre chain, AMC Entertainment Holdings, is looking to accept Dogecoin (DOGE) for movie ticket payments, according to a Twitter poll by AMC’s CEO Adam Aron.

    Aron, who regularly engages with his 177,000 Twitter followers on polls, said that the cryptocurrency-related poll resulted in the biggest engagement he is ever generated.  

    So FASCINATING! Dogecoin Poll was by far my highest ever read tweet. In 24 hours, 4.2 million views, my most ever retweets, most ever replies.

    In the poll, Aron said that AMC plans to add Bitcoin, Ethereum, Litecoin, and Bitcoin Cash for online ticket payments by the end of the year. He then asked followers’ opinions about Dogecoin since many had previously suggested it as the preferable option. 

    The poll attracted 140,338 voters and 2000 comments, 7000 retweets, and 23000 likes.   68 percent said they would use Doge, 9 percent said they wouldn’t use it, 7 percent said Doge is a bad idea, while 16 percent thought it was a waste of effort.

    140,000 votes 77% yes 23% no. It’s clear that you think AMC should accept Dogecoin. Now we need to figure out how to do that. Stay tuned.

    Dogecoin rallied 14 percent from an opening price of $0.20 on September 22 to the day’s high of$0.23 following the news. At press time, Doge is up 7.6 percent on the day, trading at $0.22 with a 24-hour trading volume of $1.7 billion and a market cap of $29.3 billion. The hashtag #DogecoinToTheMoon is also trending with over 12,000 tweets.

    DOGE increasingly gains institutional acceptance.

    Aron also noted that Tesla and SpaceX CEO and Dogecoin evangelist Elon Musk liked his poll. Consequently, Elon Musk tweeted:

    Super important for DOGE fees to drop to make things like buying movie tix viable.

    Other notable cryptocurrency influencers and investors engaged in the poll, including Mark Cuban, who suggested that AMC should use Bitpay for Dogecoin payments.   

    In August, Cuban called Dogecoin the strongest cryptocurrency as a medium of exchange. His company Dallas Mavericks started accepting Dogecoin payments in March 2021.  

    The news adds to the growing list of companies rallying support for Dogecoin. Recently, popular trading app Robinhood said that its upcoming cryptocurrency wallet will also offer support for DOGE.

    Additionally, real estate tokenization firm RedSwan announced Wednesday that it would accept payments for two digital high-rise apartment buildings with fractionalized ownership. Both buildings dubbed APLO and LHOK are valued at roughly 4,447 DOGE or $384 million.

    Transactions on Dogecoin network lowest mark in four years

    Despite increased publicity, transactions on its network have hit lows last seen in December 2017, data by Bit Info charts shows. For the first time in four years, transactions on the network have hit a low of 16,000. This sharply contrasts the hype that surrounded DOGE in April and May, when transactions reached 140,000. The price of Doge has also declined by 69 percent from its all-time high of $0.73 in May, reflecting the lack of on-chain activity.

    Dogecoin is a memecoin that started as a joke in 2013 and a hardfork of the Bitcoin network. In 2021, however, Dogecoin has been one of the most traded altcoins mainly due to influence from Elon Musk and users on Reddit and TikTok.  Elon shills Dogecoin over other cryptocurrencies, primarily because it has “dogs and memes, whereas others do not.”

    SpaceX said in May 2021 that it will literally take Dogecoin to the moon by launching a moon mission funded by the memecoin in 2022. However, Musk has also said in the past that his comments about Dogecoin should not be taken seriously.

    The coin is often criticized for its low developer activity, an unlimited supply, and whale concentration that has been found to be over 80 percent.

    Meanwhile, AMC soared almost 1800 percent in 2021, despite Covid-related effects on the movie theatre business. 

    Der Beitrag AMC wants to accept DOGE in addition to BTC, ETH, LTC, and BCH for movie tickets erschien zuerst auf Crypto News Flash.

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