Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ecosystem
Lucky Boo: The New Community-Driven Meme Coin Igniting the Solana Ecosystem in its Presale Phase
[PRESS RELEASE – NY, NY, April 3rd, 2024] In the dynamic landscape of cryptocurrency, Lucky Boo emerges as a meme coin based on the Solana blockchain. The team behind it drives engagement through a unique blend of community involvement and technical foundation. As a new entrant, Lucky Boo aims to contribute to the diversity and innovation within the Solana ecosystem. Introduction to Lucky Boo Lucky Boo is in the presale stage, inviting interest from the broader cryptocurrency community. The project…
1 year ago
Spacewalk Bridge: Bridging Stellar’s Fiat Assets with Polkadot’s DeFi Ecosystem
Spacewalk Bridge has launched on the Pendulum chain, offering users of Stellar and Polkadot a trust-minimized connection for efficient transfers of stablecoins and tokens. The bridge will connect DeFi applications on both chains to forex markets, opening up new markets, especially in the developing world where Stellar has a significant presence. Spacewalk Bridge is now live! A year after it was first reported, the bridge has launched to connect two of the world’s most robust blockchain networks—Polkadot and Stellar. Spacewalk…
1 year ago
Fueling The Growth of DeFi: NAVI Protocol’s NAVI X Ecosystem Fund and its Impact on SUI Blockchain
Recent news from the blockchain and DeFi industries has highlighted the NAVI Protocol's ambitious NAVI X Ecosystem Fund. This move seeks to support the development of creative endeavors inside the SUI blockchain's DeFi and Move-based ecosystem, and it is funded with a hefty investment of 10 million NAVX tokens. The fund aims to improve the operational functioning of the SUI blockchain and increase its user involvement by providing vital resources to projects at various phases of their life cycles. It…
1 year ago
Battle Showdown: Gambit Introduces Innovative SkillFi Ecosystem, Redefining Gaming in the Blockchain Space
Singapore, Singapore, April 2nd, 2024, Chainwire Ethlas, a trailblazer in the Web3 gaming industry, announces the groundbreaking SkillFi model alongside its flagship game, Battle Showdown: Gambit. The game is set to empower players to monetize their skills, fostering a sustainable economic ecosystem within the game. The Gambit Ecosystem Battle Showdown: Gambit introduces a unique economic model that unites players with their Patrons (Bit holders). Players are rewarded proportionally based on their in-game performance, ensuring top skills translate to real-world value.…
1 year ago
$FLOKI Will Offer Global Digital Bank Accounts; $GFOX Disrupts Meme/GameFI Ecosystem
The $FLOKI team recently announced their roadmap for 2024. The plan indicates a strategic shift from meme coins to more utility-driven initiatives, including a focus on global digital accounts. At the same time, $GFOX, a new ICO crypto is all set to revolutionize the meme coin and game-fi industries. $GFOX Is Ready to Dominate the GameFI and Meme Coin Sectors The meme coin industry has matured significantly from its early days. Since the launch of $DOGE, this sector has grown…
1 year ago
Zircuit Launches Build to Earn Program to Reward Ecosystem Contributors
George Town, Grand Cayman, March 27th, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M staked. Zircuit is a playground for new applications and open experimentation, and projects that launch on Zircuit will benefit from higher security guarantees and protection from hacks…
1 year ago
XRP Ecosystem Faces Setback as Major Contributor Departs Amid XRPL Concerns
Dev Null Productions leaves the XRP ecosystem due to losing faith in Ripple and XRPL Foundation leadership, citing concerns over transparency and market performance. Concerns over transparency and accountability, compounded by legal battles and market underperformance, have led to widespread disappointment within the XRP ecosystem Dev Null Productions, a renowned contributor to the XRP ecosystem, has announced its departure. Citing a loss of faith and concerns over the actions of top leadership within Ripple and the XRPL Foundation (XRPLF), the…
1 year ago
Bad Idea AI Secures Listing on Gate.io, Expanding Access to Its Innovative Crypto Ecosystem
The post Bad Idea AI Secures Listing on Gate.io, Expanding Access to Its Innovative Crypto Ecosystem appeared first on Coinpedia Fintech News In a significant development for the crypto community, Bad Idea AI ($BAD) is set to enhance its market presence through a strategic listing on the renowned Gate.io exchange platform. In a move that underscores its growing prominence within the digital asset space, Bad Idea AI, identified by its innovative ticker symbol $BAD, is thrilled to announce its upcoming…
1 year ago
Solana Ecosystem Outperforming Market, $GFOX Sees Renewed Investor Interest
The post Solana Ecosystem Outperforming Market, $GFOX Sees Renewed Investor Interest appeared first on Coinpedia Fintech News Solana survived the recent slump that affected Bitcoin and other top cryptos, outperforming most of the market. Solana-based memecoins are faring well, too, fueling $SOL’s rise even further. Meanwhile, the best upcoming ICO, Galaxy Fox, is seeing a fresh wave of investor interest as it nears the end of its presale phase. Let’s dive into what’s got the cryptosphere buzzing. $SOL Outperforms the…
1 year ago