Dogecoin has staged an impressive comeback to enter the top 10 highest-ranked coins after overtaking Polkadot in the last 24 hours to secure the 10th position. The meme coin has been behind Polkadot for some weeks now till it embarked on a near 10 percent surge in the late hours of yesterday.

The digital asset is trading at $0.08, with a percentage surge of 5 percent in the last 24 hours as of press time. Regardless of its remarkable run, Dogecoin is still 88.9 percent down from its all-time high of $0.73 recorded on May 8, 2021. It currently has a market capitalization of $10.8 billion and a market dominance of 0.91 percent.

The rally has been linked to the recent tweet by the Tesla founder Elon Musk, who disclosed that Dogecoin holders would soon be able to buy merchandise from the online store of SpaceX.

This indicates that the world’s richest man has not given up on the project, but will continuously support the asset as previously pledged.

Bitcoin traded above Rs 23 lakh. The market dominance of the world’s largest cryptocurrency sank 0.04 percent to 45.94 percent over the last day.

Major cryptocurrencies traded in the green early on May 29 as the global crypto market cap increased 0.70 percent to $1.20 trillion over the last day.

On the other hand, the total crypto market volume over the last 24 hours dropped 43.4035 percent to $51.11 billion.The total volume in DeFi stood at $4,67 billion, 9.13 percent of the total crypto market 24-hour volume. The volume of all stable coins was $43.51 billion, which is 85.13 percent of the total crypto market 24-hour volume.

Bitcoin traded above Rs 23 lakh. The market dominance of the world’s largest cryptocurrency sank 0.04 percent to 45.94 percent over the last day.

Crypto prices are falling owing to both the macro headwinds of Federal Reserve monetary tightening and the crypto-specific fallout from this month’s implosion of the Terra USD algorithmic stablecoin, which continues to weigh on digital assets — particularly those related to decentralized finance.Altogether, the crypto market has lost some $500 billion in market value so far in May, a 29% plunge.

Terra developers to create new blockchain with revived Luna, abandon collapsed UST stablecoin

Developers behind failed stablecoin TerraUSD have voted to abandon the token in favor of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed. Under the recovery plan for the Terra ecosystem, developers will create a new Terra blockchain with a revived Luna token.

Unlike most other major stablecoins which are backed by other assets, TerraUSD’s value was derived by complex algorithmic processes, linked to another paired token called Luna. Both tokens have lost nearly all of their value since TerraUSD, known as UST, slipped below its 1:1 peg to the dollar earlier this month.

Under Do Kwon’s newly approved structure, the original blockchain will be known as Terra Classic, while its native token Luna, which plunged close to zero this month, will be renamed Luna Classic with the ticker LUNC.

The new Terra blockchain will start running a coin under the existing Luna name and ticker, and won’t include the TerraUSD stablecoin. “Terra 2.0 is coming. With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community,” the tweet stated.

SHIB: The Metaverse is the brainchild of Shiba Inu developer Shytoshi Kusama and is supported by other Shiba Inu team members.

All funds collected from the land plot minting were to be used for future metaverse development when only ETH was supported. It is unclear if that approach will change now that SHIB is an accepted payment method.

The team initially deemed their ecosystem tokens to be a “risk,” as the team would need to sell SHIB to pay for project development. Although the team has not offered an official statement on that aspect, that may still happen.

A key event to expect is the upcoming finalization of a deal between SHIB: The Metaverse and an AAA game developer studio, which is still pending. If finalized, the game studio will handle artistic development while the Shiba Inu team focuses on the blockchain implementation aspects.

Minting land in this metaverse is not the only utility for SHIB in the virtual world. Users can leverage SHIB to add pictures and logos to land plots. If those pictures change, the ecosystem will burn SHIB tokens.

Additionally, users can spend SHIB to name or rename land plots. Furthermore, SHIB is used to lease HUBS, which represents the most valuable land plots in the metaverse. There will be use cases for the LEASH and BONE currencies, too, as the development phases roll out.

Developers of SHIB: The Metaverse plan to offer creative ways to foster immersion and community, including strong partnerships and foundational resources.

How to mint land in SHIB: The Metaverse

The minting of land in SHIB: The Metaverse occurs through the Shib.io website. Users can see their reserved and acquired lands through the top menu, where they can also mint their land plots individually or in one transaction to avoid unnecessary gas fees.

To bid on or purchase SHIB lands, a user needs to set up a MetaMask wallet or a wallet compatible with WalletConnect and connect it to the Shib.io website.

What Is OMAX TOKEN (OMAX)?

is omax blockchain the Future of fast Crypto transactions
OMAX is a community-driven token which was launched on 3rd of November 2021 with the intention to have its own blockchain to educate the next generation of investors and make crypto simple and safe for everyone.
OMAX is one of the fastest growing projects which is moving from BEP20 to their own network (blockchain OMX20) which is also a EVM compatible. It is way ahead of the roadmaps and the blockchain is already on testnet and open for public testing with 87K TPS with estimated 100K+ TPS on mainnet.
It further plans to launch a marketing campaign on Twitter to raise awareness and reach 100,000 holders. That will likely go hand in hand with launching of their blockchain.
OMAX was advertised in Times square NY and famous celebrities promoted across the globe. Promotion videos can be found in the social media.

What Makes OMAX Unique?
In contrast to many other coins, OMAX promises to feature a complete ecosystem that gives its token real value. Its blockchain, Ecommerce integration, Crypto card. By integrating our Blockchain into popular e-commerce and shopping cart platforms, we aim to grant users the ability to easily complete their everyday purchases using their crypto currency balances.
OMAX blockchain on mainnet is scheduled to launch by the end of July 2022.
OMAX is headquartered in DUBAI, UAE because of its friendly crypto law. Though the owners are from Australia and United Kingdom. They have a plan to launch the OMAX exchange in January 2023.
How Many OMAX Tokens (OMAX) Are There in Circulation?
OMAX has a total supply of 10 billion tokens. 4% of that was already burned. In addition, OMAX follows the patented approach of deflationary tokens by burning 4% of each token at a BUY&SELL transaction. Doing that, the team wants to constantly shrink the existing token supply and increase the value of OMAX.
How Is the OMAX (OMX 20) Network secured?
OMAX Chain relies on a system of PoS consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double sign detection and other slashing logic guarantee security, stability, and chain finality. The OMAX Chain also supports EVM-compatible smart contracts and protocols. This is the native and only usable currency in the OMAX ecosystem.
These are the key links to the explorer and whitepaper for their own blockchain and the website is https://t.co/GuGIKqatem

Visit their website:
BEP20 https://t.co/w0yN0emZ99
OMX20 https://t.co/GuGIKqatem

Explorer: https://t.co/Pdj5qlCxW3

Testnet: https://t.co/eMLHHW6zCd
Faucet: https://t.co/XP8WuAd1xF

How to integrate to Metamask to check the transaction.
RPC url: https://t.co/j1IroqtGgU
Chain id: 1254
Network name: OMAX testnet
Symbol: OMAX
Block explorer url: https://t.co/eMLHHW6zCd

shiba Inu Price Prediction $0.1?

𝙋𝙧𝙞𝙘𝙚 𝙥𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣 𝙤𝙛 𝙎𝙝𝙞𝙗𝙖 𝙄𝙣𝙪
Shiba Inu (SHIB), the self-proclaimed ‘Dogecoin killer’, is a meme-coin that has a lot of social media hype behind it. Shiba Inu (SHIB) is based on Ethereum, the world’s second-largest cryptocurrency after Bitcoin.
After the Shiba Inu coin showed an increase in price in 2021, the meme coin fell by more than 60% compared to its all-time high in October last year.
According to the Shiba Inu prediction provided by Digital Coin Price,by July, the SHIB coin price might arrive at US$0.0000329. According to Wallet Investor, the long-term earning potential of SHIB is over +95.80% in one year. It seems like the Shiba Inu coin could be a good investment in 2022.
Moreover Shiba Inu coin price may reach an average of US$0.00002752 at the beginning of May 2022. By the end of the month, the price will come close to $0.00003192. The minimum price will be US$0.00002752, and the maximum might reach roughly US$0.00003415.
At the beginning of June, the price of the coin will be US$0.00003192. An average price for the month will be US$0.00002890. The maximum price will be US$0.00003192, the minimum price US$0.00002493.By the end of June, SHIB will cost US$0.00002681 with a change of -16.0%.
The Shiba Inu forecast for the second half of 2022 is similar to what we’ve just discussed, minus the big spike. The average value for a Shiba Inu coin might be around US$0.00004. By the end of 2022, Shiba Inu may already grow in the vibrant ecosystem it strives to be. According to their roadmap, 2022 is also when they plan to launch the Shiba Inu Incubator and the Shiba Inu Reward system.
The Shiba Inu price is forecasted to reach $0.00006484 by the end of December 2022. The expected maximum Inu price is US$0.00006708; the minimum price is US$0.00001967 for the year 2022. The analysts believe the Shiba Inu price will increase in the coming years. It is predicted that the Shiba Inu price may rise by the end of 2023 and reach US$0.0003, which is eight times the current price.