Token

Shiba Inu’s token burn rate skyrocketed by 4000%, potentially setting the stage for price increases. Upgrades and positive market trends contribute to rising optimism around SHIB’s future performance. In the cryptocurrency landscape today, Shiba Inu (SHIB) has seen a staggering 4000% surge in its token burn rate. According to insights from Shibburn, an impressive 81.64 million SHIB tokens were burned in the last 24 hours, marking a 4085.94% increase. This strategic reduction in market supply aims to enhance the token’s…

Sui, the year-old Layer-1 blockchain darling, is facing a harsh reality check. While celebrating its first anniversary on May 3rd, 2034, the network finds itself embroiled in a controversy surrounding its tokenomics, the design and distribution of its cryptocurrency, SUI. SUI Supply: Cause for Concern? The fire was ignited by Justin Bons, founder of Cyber Capital, who tweeted concerns about the SUI token supply being overly concentrated in the hands of the founders and early contributors. Bons pointed to a…

Telegram, the messaging giant, has reached a staggering 900 million users. This surge directly impacts Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON has seen a remarkable 15% growth in the last week, highlighting its potential to become a mainstream crypto player. TON price action. Source: Coingecko TON: Cheap Transactions Draw In Users The key to TON’s recent success lies in its tight integration with Telegram. Users can ditch the hassle of separate crypto wallets…

The post DeFi Token Worth $0.04 Becomes Top Choice for Tron & Optimism Investors With 100X Upside & Layer 1 Blockchain appeared first on Coinpedia Fintech News The world of Decentralized Finance (DeFi) can be intimidating for newcomers.  Navigating complex protocols and identifying trustworthy projects can be a daunting task.  This article explores a potential safe crypto buy for beginners – a DeFi token generating significant buzz within the cryptocurrency community, particularly among investors familiar with established platforms like Tron…

The post Solana and Ethereum Rallying, Furrever Token Marks Presale Success with $10,000 Competition appeared first on Coinpedia Fintech News In the wake of a challenging week for the cryptocurrency market, several prominent coins, including Ethereum (ETH) and Solana (SOL), are signalling a potential recovery, showing resilience with two consecutive days of surges. As investor sentiment gradually improves, ETH and SOL have emerged as frontrunners in reclaiming lost ground, bolstering hopes of a broader market rebound. Amidst this backdrop, Furrever…

Hayden Adams, founder of the Uniswap protocol, has shared his opinion on what characterizes a good distribution or rollout of a token. In a recent post on the X platform, the prominent crypto figure listed 10 qualities of good token distributions, highlighting the complexities surrounding the launch of a cryptocurrency. Uniswap Founder Gives Opinion On Good Token Distributions Adams began his take on good token distributions by stating that projects should allocate “tokens, not points” to the community. This phrase…

Terraform Lawyers are fighting the US SEC with the proposed civil penalty. Do Kwon may still face charges in the United States. Terraform Labs, the company behind the algorithmic stablecoin TerraUSD (UST) is fighting the United States Securities and Exchange Commission (SEC) over a hefty fine levied by the regulator. Terraform Lab’s Lawyers Argument According to reports, the SEC alleges Terraform misled investors and is seeking $5.3 billion in penalties, with most of that being disgorgement, a form of repayment…

The post Ethereum (ETH) and Shiba Inu (SHIB) Rally Signals Recovery as Furrever Token (FURR) Unveiling $10,000 Competition appeared first on Coinpedia Fintech News In a whirlwind of activity within the cryptocurrency market, Ethereum (ETH) and Shiba Inu (SHIB) have both emerged with promising signs of recovery, igniting optimism among investors. As these established tokens chart a course towards renewed growth, another contender, Furrever Token (FURR), has captured attention by surpassing a significant milestone. Having soared past the $1 million…

Friend.tech, the social media app on Base, has launched Version 2 (V2) and airdropped its FRIEND token to its early users. The event has not gone smoothly, with several eligible airdrop recipients unable to claim their tokens and the early recipients dumping all their tokens and tanking the price. FriendTech, the decentralized social media app that launched to great reception and quickly rose to become a crypto industry darling, has launched its Version 2 and airdropped its FRIEND token. The…