Catcoin is a community-driven crypto coin, with a worldwide CatCoinArmy of several volunteers establishing the CatCoin as the Zen meme coin in the world.
Moreover CatCoin’s new contract upgrade provides the functionality & security on its crypto platform.
The new development on the DOGE chain seems to have been responsible for the recent addition.
According to BluePepper, the body behind DOGE’s development declared that the Dogecoin-Ethereum bridge could go live before the end of 2022.Despite Dogecoin’s explosive growth, the Dogecoin community has been waiting for the bridge to go live for a long time.
Moreover In the past year, major brands have started accepting payments in Dogecoin, including AMC, Tesla, Newegg, airBaltic and Mark Cuban-helmed Dallas Mavericks.
According to Shibburn Twitter, over 100 million Shiba Inu have been sent in two transactions to be burned in recent hours. This was done in batches of 49,896,943 and 49,927,430 SHIB, respectively. Meanwhile, the Shiba Inu burn rate was demonstrating a mild increase with 213,067,021 SHIB burned within the last 24 hours.
Over the past 24 hours, the 100 largest whales on the Ethereum chain have grabbed $17 million worth of Shiba Inu. This is equal to 1,291,793,313,069 Shiba Inu meme coins.
According to recent data, whales are now holding $119,787,272 in SHIB. This indicates that the top Ethereum investors have again sold a massive chunk of SHIB, this time worth $37.3 million.
Baby Doge Coin (BabyDoge), has reached a new milestone regarding its overall number of holders.More good news for the BabyDoge army is that the holder count of this coin keeps growing constantly. According to another recent tweet, the total number of BabyDoge holders has exceeded 1,608,600.
Reaching this milestone, BabyDoge has surpassed another popular meme token (but built on the Ethereum chain and trading in the top 15), Shiba Inu.
Earlier this month, BabyDoge was listed on leading crypto exchange Poloniex. Prior to that, the coin was added as a payment option by FCF Pay and NOWPayments platforms. On Aug. 15, the blockchain launched its own testnet
PancakeSwap has narrowed the losses in the past one week to 2.45%
PancakeSwap CAKE/USD is a cryptocurrency to watch as prices start to shrug over the latest losses. The cryptocurrency’s losses in the last one week stood at just 2.45% as of Wednesday. The small losses were after the last three days’ recoveries. The token trades at $3.92 after touching a low of $3.6 on August 20. The token is stalling but still pointing higher.
PancakeSwap has been making strides in the DeFi sector despite ranking below its peers. The decentralized exchange is backed by Binance, the largest crypto exchange. Binance Labs has also invested in PancakeSwap, a further indication of the trust it has earned. Its native token has, however, been subdued, and its price has largely been driven by market momentum.
Source – TradingView
On the daily chart, CAKE is bullish below the $4.12 resistance. The token is keeping an uptrend which started in mid-June. The momentum indicator shows that the token’s latest bearish momentum is weakening.
CAKE will imminently hit the resistance as bull strength remains in place. A potential breakout will occur if the sentiment improves and CAKE continues to attract buyers. Still, at the low valuation, CAKE is attractive to long-term buyers.
If CAKE breaks above $4.12, the next level to watch is $4.8. We also need to monitor the prevailing crypto sentiment since CAKE has been following the market.
CAKE is recovering from the recent slump. The token eyes $4.12 resistance as the next level. A breakout of the resistance will depend on the crypto sentiment.
Terra Classic is up 4.97% in the past day
Terra Classic (LUNC/USD) has jumped 4.97% in the past day, tightening weekly losses to 10.17%. The live price is $0.0001025, and the current market capitalization stands at $672 million. LUNC, the native token of Terra Classic, crashed in May.
Terra Classic, formally known as Terra, occupied an important space in the blockchain space. Its high performance was based on strong price stability and usability. The crash intercepted the progress of the then seemingly promising crypto project.
The collapse happened after UST, a native stablecoin to Terra Classic, lost its peg to the US dollar. Community efforts to revive the project led to a new token, LUNA. The token also referred to as Terra 2.0, is currently trading at $1.75. Its value is much higher compared to that of the rebranded LUNC.
Nonetheless, LUNC is under bullish momentum. Aside from the price swings, attempts by the Terra community to restore the network seem to be bearing fruits. The blockchain has since convinced some dApps to develop on the blockchain.
Source: TradingView
According to the daily chart above, LUNC is on an uptrend. The token has established $0.00008708 as the reference support and $0.0.00011109 as the immediate resistance. LUNC is currently trading above the 20-day and 50-day moving averages.
Moreover, the indicators show that LUNC could continue with the trend. The RSI is at the 58 level. Much as the indicator is close to neutral, there are more buyers than sellers. However, LUNC could face resistance at $0.0.00011109.
Despite Terra Classic bringing bitter memories of losses to investors, speculators are cashing in again. The token is approaching a key resistance level. Investors should remain patient until it clears above or close below.
Over the past few months, DOGE adoption has increased considerably as it was accepted by Switzerland-based elite watchmaking company Hublot, Uber Eats, Tag Heuer and multiple other businesses.
Being a meme coin, Dogecoin has been in pursuit of increasing user adoption.
The current and upcoming developments aim to scale the transaction speed and lower the gas fee. Not to mention, new developments such as Libdogecoin allow Dogecoin to be acceptable on assorted platforms. This is growing its adoption positively.
This is a Layer-2 blockchain meant to transaction speed and lower gas fee for Shiba Inu users. When Shibarium launches, the Shiba Inu token might start surging. It will also increase Shiba Inu’s adoption.
Shiba Inu (SHIB) has evolved and now has a large ecosystem. This ecosystem includes ShibaSwap, a decentralized exchange built on Ethereum for trading Shiba Inu (SHIB) with other tokens, staking, yield farming, and more.
Shiba Inu enables its users to lend, stake, and generate passive income on its blockchain network using SHIB, its native token.
A cryptocurrency you should keep an eye on is dogecoin because of how volatile its price fluctuations may be.
DOGE whales have been extremely active due to the recent events. The increased activity is pretty obvious on the DOGE network, where more than 670 whale transactions have been performed.
With almost 400k social mentions, it is obvious that Dogecoin is on everyone’s minds. During this week, the price increased by 23%.Dogecoin is very strongly positioned in the crypto payment sphere.