bitcoinlfg

Tag: Ethereum

  • BREAKING NEWS: Shiba Inu, Ethereum and Snowfall Protocol Are Trending Coins That You Should Know About!

    BREAKING NEWS: Shiba Inu, Ethereum and Snowfall Protocol Are Trending Coins That You Should Know About!

    Do you want to know which coins are trending right now?

    In this blog post, we will discuss Shiba Inu (SHIB), Ethereum (ETH), and Snowfall Protocol (SNW) – three coins that you should definitely know about!

    Each of these coins has seen a significant increase in value in recent weeks, so now is the time to get involved. We will go over what each coin is used for, as well as their unique features and benefits. So, without further ado, let’s get started!

    Crypto #1 – Shiba Inu (SHIB)

    Shiba Inu (SHIB) is a cryptocurrency that was created as a parody of Dogecoin. It is based on the Shiba Inu dog breed, which is popular in Japan. The Shibu Inu (SHIB) coin was created to satirize the growing popularity of cryptocurrencies.

    Despite its initial purpose, Shiba Inu (SHIB) has seen a lot of success since its launch. The coin has gained a loyal following and has even been listed on major exchanges. What sets Shiba Inu (SHIB) apart from other cryptocurrencies is its unique marketing approach. The team behind the coin uses memes and humor to promote it, which has helped it gain a lot of attention.

    If you’re looking for a fun and unique cryptocurrency to invest in, Shiba Inu (SHIB) is a great option. As a meme coin, it will likely continue to gain popularity in the months and years ahead. This is because Shiba Inu (SHIB) is a lighthearted project that people can invest in without taking themselves too seriously.

    Crypto #2 – Ethereum (ETH)

    Ethereum (ETH) is a decentralized platform that runs smart contracts. These contracts are applications that run exactly as programmed without any possibility of fraud or third-party interference. Ethereum (ETH) was first proposed in 2013 by Vitalik Buterin, and it has since become one of the most popular cryptocurrencies in the world.

    What makes Ethereum (ETH) so special is its blockchain technology. This allows developers to build decentralized applications on top of the Ethereum (ETH) network. These applications can be used for a wide range of purposes, from payments and lending to data storage and identity management.

    Ethereum (ETH) is an incredibly versatile platform with a lot of potential. It is already being used by some of the largest companies in the world, and its use is only expected to grow in the years ahead. Overall, Ethereum (ETH) is a great investment option.

    Crypto #3 – Snowfall Protocol (SNW)

    Snowfall Protocol (SNW) is a cross-chain transfer ecosystem built for fungible and non-fungible tokens. It enables users to swap assets across the most widely used EVM and non-EVM compatible chains. Snowfall Protocol (SNW) has the potential to revolutionize the cryptocurrency industry.

    This technology can be likened to the creation of the first highways. It will allow for the free flow of information and value between different blockchain networks. This will make it easier for people to use multiple cryptocurrencies and will help to increase adoption.

    If you’re looking for a project that has the potential to change the cryptocurrency industry, Snowfall Protocol (SNW) should be at the top of your list. It’s currently trading for $0.009 which means it’s undervalued. It’s likely going to skyrocket in value as top market experts suggest that it’s a 1000x token.

    There’s still a 5000% increase potential as it gains momentum leading to the launch date. It’s already up more than 30% since the presale started.

    Website: https://snowfallprotocol.io

    Telegram: https://t.me/snowfallcoin

    Presale: https://presale.snowfallprotocol.io

    Twitter: https://twitter.com/snowfallcoin

    Disclaimer

    Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

    Latest posts by Guest Author (see all)



    Source link

  • Bitcoin, Ethereum and Shiba Inu – European Wrap 24 October

    Bitcoin price has been consolidating over the weekend, albeit triggering a minor rally. This move continues to be undone as sellers offload their holdings. But the bullish move over the weekend could be an indication of more positive developments to come.

     

    BTC/USD 1-day chart

    Ethereum (ETH) price action is set to jump between 7% on the low side and 28% by a more generous calculation, according to price targets established for the end of the week. As the dust settles over recent events, traders are reassessing the situation and it is becoming clear two key factors are dictating the future path of trading. The first is company earnings this week and the second, how the UK political situation unfolds. These will determine how far ETH price action could rally.

     

     ETH/USD Daily chart

    Shiba Inu price remains bearish with no clear signs of a bullish attempt to recover. Moreover, the inefficiencies hint at a further move down south, bringing more pain to SHIB holders. 

     

    SHIB/USDT 4-hour chart

     

     

     

     

    Source link

  • Ethereum creator Vitalik Buterin gives start for new Shiba Inu Rival

    Ethereum creator Vitalik Buterin gives start for new Shiba Inu Rival

    • Ethereum co-founder joked about having THE Protocol (THE) crypto and it came to life a few days later.
    • Buterin becomes the largest holder with 100 million THE coins grabbing a 10 percent stake in the protocol.

    In an interesting turn of developments, Ethereum founder Vitalik Buterin’s jibe at some crypto projects ended up giving birth to a new meme coin rivaling Shiba Inu. Last Friday, Vitalik Buterin shared a random thought on his Twitter handle while joking saying that someone must create a project dubbed ‘THE Protocol’.

    Commenting on it, Buterin said that it would be easy to shill a project by referencing it ‘THE” by the influential crypto community members. “Someone should make a project called “THE Protocol” so that their shills can say “Look, so-and-so mentioned THE!” pretty much any time anyone says anything,” added Buterin.

    Just a few days later, an ERC20 protocol, THE Protocol (THE), has come to life. Interestingly the Twitter admins of the new memecoin have also taken a cue from Vitalik Buterin’s suggestion. Crypto analytics firm Nansen has shared some interesting insights about THE Protocol.

    Drawing a leaf from Shiba Inu playbook

    As per crypto analytics firm Nansen, THE Protocol has drawn a leaf from the Shiba Inu playbook. They have also decided to give Vitalik Buterin a 10 percent stake making him the largest holder with 100 million THE tokens. Interestingly, the cryptocurrency managed to grab the attention of some of the Ethereum investors. The data from Nansen shows:

    The largest token holder is @VitalikButerin who received 100M $THE, 10% of its total supply. Top 50 non-entity addresses hold 50.6% of $THE, and most of them got their $THE shortly after its release. The decentralizedvision.eth swapped 3 ETH for 13,614,311 THE at just $0.00028/THE. We see quite a bit of  Smart Money activity on $THE. Just 2hrs ago, “sisterofvitalik” and hxr.eth both sold their $THE, but hxr.eth still holds 2M tokens. 

    During the launch on Tuesday, October 18, the price of THE Protocol (THE) surged a staggering 1000 percent. As of press time, it has gained another 100 percent and is currently trading at $0.03352.

    Furthermore, THE cryptocurrency has made its way to popular crypto exchanges such as Hotbit and MEXC Global in less than six days. In a very short span, its market cap has also shot to $33 million.

    The launch of THE Protocol is a testament that the crypto community can stretch to new areas for excitement despite the crypto winter this year.

    Will SHIB Price Rise

    After a strong bull run last year, Shiba Inu (SHIB) price dropped significantly during this year’s crypto winter. However, the Shiba Inu ecosystem has been undergoing interesting developments. The recent one was the launch of the Shiba Eternity game on mobile platforms that saw more than 100,000 downloads.

    Furthermore, the Shiba Inu blockchain secured the second rank in the Web3 security leaderboard and a trust score of 93. The recent launch of Shiba Inu’s competitor could help in boosting the trading activity for the memecoin.



    Source link