Author: NBTC
The market value of Solana ecosystem’s new AI meme coin Flávia exceeded 40 million US dollars within 9 hours of its launch, and the current transaction volume has exceeded 64.9 million US dollars. It was initially listed at $0.02153 and is now trading at $0.0521. The Solana- based AI memecoin has even incurred huge profits for early traders. Onchain Lens monitoring has revealed that a whale initially purchased 59,549,920 FLAVIA tokens for 22,869 USDC. The whale has since sold 21.8 million FLAVIA tokens, earning $628,000 and holding an unrealized profit of $1.3 million. Onchain Lens added, “Right now, this whale…
Meson, a cross-chain swap platform specializing in stablecoin transfers, has announced its upcoming integration with Neo X. The collaboration will provide Neo users with access to Meson’s infrastructure, which supports transfers across more than 50 blockchain networks. Intended to streamline asset movement, Meson operates using a non-custodial architecture based on hashed time-locked contract atomic swaps. This approach is aimed at ensuring that users maintain control over their funds throughout the transfer process. The team places a strong emphasis on stablecoins as the ideal medium for cross-chain transactions, and provides a cross-chain SDK for developers. Meson completed four rounds of audits…
Bitcoin prices reached $66,500 during late trading on Oct. 14, according to CoinGecko. It is the highest level since late September when it hit a similar price but was rejected at resistance. The asset seems to be behaving similarly again, with resistance forcing a retrace to $65,400 during Tuesday morning trading in Asia. Analyst ‘CrediBULL Crypto’ cautioned against celebrating until there is an actual breakout, which has yet to happen. Nevertheless, BTC is up 2.4% on the day had has made 5% since the same time last week. Bitcoin Bulls Are Back On Oct. 15, CryptoQuant CEO Ki Young Ju…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. In an open-source industry where applications can and are easily forked, “aggregation theory” — the investor thesis that the winner should build on top of and integrate as many applications as possible — caught on as a promising idea during DeFi summer. Middleware DeFi aggregators like 1inch, Matcha, Summer.fi (previously Oasis) and Instadapp have all pursued this idea to the fullest, but aggregation theory largely hasn’t panned out (Jupiter in Solana world is an exception). Ethereum DEX aggregators have not outcompeted Uniswap, even though in theory they…
Data provided by the public Shibburn tracker shows that there has been substantial progress in removing SHIB meme coins from the circulating supply over the last day. This surge in burns took place despite the Shiba Inu price showing a substantial decline this week. SHIB burns 6,750% up According to the aforesaid data source, over the past day, the SHIB army has succeeded in burning a substantial chunk of meme coins: 27,108,433 SHIB. This lifted the Shiba Inu burn rate 6,750%. That was possible thanks to three burn transfers and mainly the largest of them, which transferred 27,108,433 SHIB. This…
Age of Mars, a top web3 gaming ecosystem, has teamed up with Metapro to reach more players and developers through Metapro’s innovative hub. As a result of this partnership, it is much easier to make immersive, player-centred experiences, and developers now have the tools they need to be more creative with web3 games. NEW PARTNERSHIP | Age of Mars x Metapro 🔥We’re excited to announce our new step toward expanding the Age of Mars universe!🚀 The Age of Mars page is now available on @metaproapp — an innovative hub for gamers, developers, and blockchain enthusiasts. 🔗Check it out:… pic.twitter.com/W2qQRs5JEi —…
SoonVerse, through its official X account, announced its strategic partnership with Mystiko Network. This collaboration promises to unlock a wealth of opportunities for the SoonVerse community. It cements its position as a cutting-edge player in the blockchain landscape. 🌟 𝐍𝐞𝐰 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 : 𝐌𝐲𝐬𝐭𝐢𝐤𝐨 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 🌟@MystikoNetwork is a universal ZK SDK that scales, secures, and enhances interoperability for Web3 across all L1 and L2 blockchains.𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐨𝐨𝐧𝐕𝐞𝐫𝐬𝐞… pic.twitter.com/47zLWq4U9O — SoonVerse❤️AIGG (@soon_verse) December 3, 2024 SoonVerse is a blockchain-powered collaborative ecosystem. The other partner, Mystiko Network, is a universal ZK SDK known for revolutionizing security, scalability, and interoperability in Web3. Empowering…
QCP Capital has published a market analysis highlighting that Bitcoin has recently surged from $62,000 to $65,000, with around $80 million worth of leveraged BTC and ETH positions being liquidated. While some have attributed the price increase to news that Mt. Gox has extended its repayment period to October 2025, QCP Capital notes that this information was already made public last Friday. The firm suggests that while a variety of factors could explain the rally, the timing is particularly interesting because it falls in mid-October, just three weeks before the US presidential election. QCP Capital drew parallels with past election…
Whale-driven selloffs have begun putting massive pressure on Solana (SOL), as funds shift to memecoins. Solana’s price has been under pressure in the last 24 hours, partly fueled by whale-driven selloffs. This decline coincided with a shift of significant funds into memecoins. Market data indicates that whales have started liquidating SOL positions while actively buying into newer meme-based tokens. Large-Scale SOL Liquidations For instance, a major whale transaction unfolded recently, beginning with the creation of a new wallet that withdrew 32,695 SOL—equivalent to $5.46 million—from Binance. Instead of holding SOL, this whale opted to channel most of these funds into…
An analysis of over 3,200 GameFi projects shows 93% have failed, with token prices plummeting by an average of 95%. GameFi, a sector that combines gaming with decentralized finance, has faced a sharp decline after its initial surge during the 2022 crypto bull run, with a new report showing that 93% of projects have failed. A survey by ChainPlay, in collaboration with Storible, analyzed over 3,200 GameFi projects and found that many of their tokens have dropped an average of 95% from their all-time highs. The report also shows that GameFi projects have an alarmingly short lifespan, with an average…