•Shytoshi Kusama, the lead developer of Shiba Inu, has confirmed that trillions of SHIB coins will be burned with the release of Shibarium.
•Whale Alert recently detected a single transfer of 3,312,307,240,798 Shiba Inu meme coins.
•The SHIB price rallied by 4 percent but failed to continue the momentum and is still trading down from last week’s high.
The Shiba Inu community has been eagerly waiting for the launch of its Layer-2 scalability network Shibarium and the lead developer Shytoshi Kusama has finally confirmed that trillions of SHIB coins will be burned with the release of the said platform. The news comes at a time when the SHIB burn rate has been tanking, with more than 3 trillion SHIB coins recently on the move between anonymous crypto addresses.
The crypto tracking platform Whale Alert recently detected a single transfer of 3,312,307,240,798 Shiba Inu meme coins. This came as a surprise to many in the Shiba Inu community, as it was more than anticipated. On Thursday, the SHIB price rallied by 4 percent, however, it failed to continue the momentum and is still trading down from last week’s high of $0.00001273 when the SHIB price had jumped 20 percent in a day.
The dog-themed crypto is currently exchanging hands at $0.00001153 and is 0.43 percent down. The one thing that’s holding up Shiba Inu from performing well is the massive supply and the decline in the burn rate of the memecoin. With the news of trillions of SHIB coins being burned with the release of Shibarium, the community is hoping for a turnaround in the price of the meme coin.
Shiba Inu’s Layer-2 scalability network Shibarium is expected to launch soon and the developers are hoping that it can drive the price of SHIB to $0.01. However, only time will tell if the coin can make a comeback and reach its all-time high. For now, the Shiba Inu community is keeping a close watch on the movements of the coin and the progress of the Shibarium launch.
-LBank Exchange will list Speed Service Mobility (SSM) on January 27, 2023
-SSM innovates the Electric Vehicle (EV) ecosystem by integrating various services such as EV charging, game, NFT, and more
-The native token SSM will be listed on LBank Exchange to further expand its global reach and help it achieve its vision
On the 21st of January, 2023, LBank Exchange, a global digital asset trading platform, announced that Speed Service Mobility (SSM) will be listed on its platform on the 27th of January the same year. SSM is an innovative project that aims to revolutionize the Electric Vehicle (EV) industry.
SSM provides various services such as EV charging, game, NFT, and more. It also enables users in the EV ecosystem to form a shared community together by utilizing the power of blockchain technology. Additionally, it offers monetary (points/virtual assets) compensation or royalties based on token economics to actively guide users in making positive changes and realizing the construction of autonomous EV infrastructure.
The native token SSM will be listed on LBank Exchange, allowing it to further expand its global reach and help it achieve its vision. All users of LBank Exchange will be able to trade the SSM/USDT trading pair at 7:00 UTC on January 27, 2023.
This listing is the latest step in SSM’s mission to revolutionize the EV industry and provide users with a more convenient and efficient way to access EV services. It is also a great opportunity for traders to get involved in the project, as they will be able to buy and sell SSM tokens on the platform.
SSM hopes that this listing will help it reach its goal of creating an autonomous EV infrastructure and providing users with a more efficient way to access EV services. It is an exciting development for the project, and one that will no doubt be welcomed by traders and users alike.
• Meta Masters Guild (MEMAG) is a new mobile gaming guild that is launching a presale of its native token $MEMAG, with a capped supply of 1 billion tokens and 35% of them allocated to the presale.
• The primary focus of the platform is on sustainability, optimizing gamers’ engagement and enabling them to earn reward tokens for participation and victory.
• Players can convert the in-game rewards known as Gems into $MEMAG tokens and cash them out into the best altcoins such as Ethereum or reinvest them into the ecosystem.
Meta Masters Guild (MEMAG) is a new mobile gaming guild that is developing a high-quality gaming ecosystem, rewarding community members for victories and participation. At the center of this ecosystem is the native token $MEMAG. Now on presale, $MEMAG tokens are available during the first stage at $0.007. This opportunity is made available to investors who buy the tokens during the presale, as only 10% of the capped supply is allocated to exchange liquidity.
Meta Masters Guild has a supply of 1 billion tokens. Of those tokens, the ecosystem has allocated 35% to the presale. This allows investors to have more access to the tokens during the presale, as the supply is limited. The primary focus of the platform is on sustainability and optimizing gamers’ engagement. This is beneficial to the ecosystem and the player, who has an opportunity to earn more reward tokens by playing the games for extended periods.
All the MMG titles hosted on the platform will issue in-game rewards known as Gems. Players can convert these Gems into $MEMAG tokens and cash them out into the best altcoins such as Ethereum or reinvest them into the ecosystem. Players truly own all the in-game assets received as rewards. Reinvesting options include using the Gems to purchase skins, characters, and items in the game.
The MEMAG token presale is an opportunity for investors to own an asset that increases in value as it enters the different stages of its presale. The presale offers a discounted rate, which could increase the overall value of the token. Therefore, it is a great opportunity for investors to get in on the ground floor and benefit from the growth of the token.
Meta Masters Guild is on a mission to revolutionize the play-to-earn gaming ecosystem by hosting entertaining games that keep gamers coming back to the platform. Players can enjoy fun games while earning reward tokens for participation and victory. This dynamic has changed the way gamers view this type of gaming, as they can now enjoy the games while still being rewarded.
Overall, the MEMAG token presale is an exciting opportunity for investors to own a token that increases in value as it enters the different stages of its presale. It is also a great way for gamers to benefit from the growth of the gaming ecosystem by playing entertaining games and earning rewards.
• XRP Ledger can handle 1,500 TPS with a cost of $0.0002 per transaction.
• Ripple’s On-Demand Liquidity program is live in Brazil, Africa, and Asia.
• Ripple supports ODL customers with a Line of Credit (LOC) program.
The XRP Ledger has been in existence since 2013 and has been able to make tremendous market penetration due to its support from Ripple Labs, despite the ongoing Ripple vs SEC lawsuit. Its core features include the ability to handle 1,500 TPS at a cost of $0.0002 per transaction on average. This throughput is considerably low compared to competing blockchains such as Solana, which can support over 3,500 transactions per second at a similar cost. Nonetheless, the XRP Ledger must be competitively scalable to accommodate the volume of 7.5 billion people across the world.
To add to its impressive capabilities, Ripple’s On-Demand Liquidity (ODL) program is currently live in key markets, including Brazil, Africa, and Asia. ODL is a digital payment program that uses XRP to settle transactions, allowing for more accessibility and affordability for users. Ripple also supports its ODL customers with a Line of Credit (LOC) program to cover their capital needs, extend lines of credit to partners, and offer flexible repayment terms. This has made ODL even more attractive to users as it provides them with an additional financial safety net.
The cryptocurrency market and blockchain technology have recently seen increased interest and support from international banking systems, such as the IMF and the World Bank. This has created more opportunities for XRP, as it is one of the most popular digital assets on the market. With its scalability, fast transaction times, and low transaction fees, the XRP Ledger is well-positioned to become the preferred blockchain for global payments. Furthermore, Ripple’s support for its ODL customers and its LOC program, make it a more attractive option for users. As the world continues to embrace cryptocurrency and blockchain, it is likely that XRP will remain a key player in the industry, providing more efficient and cost-effective payment solutions.
• Ethereum developers are planning to release the Shanghai upgrade in public testnet by the end of February.
• The upgrade will prioritize enabling withdrawals of staked Ether and is scheduled for March.
• Ethereum Improvement Proposals (EIPs) related to EOF and other proposed changes were dropped from the upgrade.
Ethereum developers are getting ready for the public testnet launch of the Shanghai upgrade, scheduled for February and March, respectively. This was revealed by Christine Kim, a research associate at the financial services and investment management company Galaxy Digital. According to her, the developers are prioritizing enabling withdrawals of staked Ether (ETH) and are cutting out any code changes that could potentially delay the time target.
During the first All Core Developers Call (ACDC) of 2023, which Kim took part in, developers reaffirmed their commitment to strive for an early February launch of the public Shanghai testnets. As a result, they decided to drop certain Ethereum Improvement Proposals (EIPs) related to the EVM (Ethereum Virtual Machine) Object Format (EOF), despite ongoing testing of its code. Additionally, other proposed changes, such as EIP 5843 and EIP 5988 proposed by Ethereum foundation developer Jared Wasinger and StarkWare developer Amir Moradi, respectively, have been postponed.
The Shanghai upgrade, also known as EVM 2.0, is expected to introduce significant changes to the code execution environment of Ethereum. The developers are now focusing on ensuring a timely release of the upgrade as well as its successful implementation on the mainnet.
• Dash 2 Trade has sold out its D2T token presale, raising over $13.5m.
• They have now launched a 4-day overfunding round to give investors a last chance to buy tokens at presale prices ahead of listings on tier 1 exchanges.
• Some analysts believe that D2T will skyrocket during 2023 and provide at least 10x returns.
Dash 2 Trade has recently concluded a very successful presale of their new crypto analytics and intelligence platform, raising over $13.5 million. This has been a huge success for the team, with investors showing strong buying momentum throughout the different stages of the presale. As a result, the token has been increasing in value throughout the stages, and analysts now believe that the Dash 2 Trade token, or D2T, could be one of the best tokens of 2023.
To give investors a last chance to buy tokens at presale prices, Dash 2 Trade has now launched a 4-day overfunding round. This round consists of an additional 36 million tokens available at $0.0556, which is a 4% increase in the coin’s value since stage 4. It is likely that these remaining coins will sell out fast as the final stretch nears and exchange listings are imminent.
On 11 January 2023, D2T will be listed on four centralized exchanges (CEX) and one decentralized exchange. This will be a great opportunity for investors to buy up the token before it takes off, as some analysts believe that D2T will skyrocket during 2023 and provide at least 10x returns.
So if you want to get in on the action, now is the time. Dash 2 Trade’s 4-day overfunding round is the last chance to buy their tokens at presale prices before they list on tier 1 exchanges. Visit the Dash 2 Trade website to find out more, and take advantage of this amazing opportunity.
• Orbeon Protocol (ORBN) is one of the top performers in recent weeks with an 805% price increase since the start of its presale.
• Chainlink (LINK) is an interoperable platform designed to bridge the gap between existing and new networks.
• Gala Games (GALA) is a gaming platform that leverages the Ethereum blockchain to provide users with access to games, digital assets, and loyalty programs.
The cryptocurrency market is seeing more and more activity as time passes, with a number of coins and tokens experiencing significant gains. Orbeon Protocol (ORBN) has been one of the top performers in recent weeks, with its presale starting in mid-December and the token having increased by 805% since then. This puts ORBN in a good position to compete with other top gainers such as Chainlink (LINK) and Gala Games (GALA).
Chainlink (LINK) is a decentralized oracle network that connects different blockchains to enable secure data sharing. The idea of interoperability is becoming increasingly popular, with the likes of Google and Oracle already leveraging Chainlink’s technology. However, the token has yet to see a return to its all-time high of $52.88 set in May 2021, currently trading at 88.64% down from that point. Chainlink (LINK) will need to fend off competition from other interoperable networks, such as Quant (QNT), if it is to realize its full potential.
Gala Games (GALA) is a gaming platform that leverages the Ethereum blockchain to provide users with access to games, digital assets, and loyalty programs. Since its launch in 2020, GALA has seen huge growth, with the token increasing by over 1100% since the start of 2021. GALA is also partnering with a variety of major companies, such as Microsoft and Uniswap, to expand its reach and develop new projects.
It remains to be seen which of these three coins will be the top gainer for 2023, however, it is clear that each of them has the potential to succeed in their respective fields. Orbeon Protocol (ORBN) is continuing to gain momentum, Chainlink (LINK) is looking to gain traction with major companies, and Gala Games (GALA) is continuing to expand its reach. Investors should take caution when investing in any of these tokens, however, as the cryptocurrency market is highly volatile and can change quickly.
• Cardano is set to add support for SECP256k1 as a built-in function on the network.
• Cardano’s upcoming Chain Upgrade Event (CUE) is expected to introduce features for better interoperability with other networks including Bitcoin, Ethereum, and Midnight.
• The Twitter user “thepizzaknight_” used the analogy of language families to explain the difficulty of doing business cross-chain on Cardano.
Cardano, the world’s first third-generation blockchain platform, is set to take its performance to the next level with the upcoming Chain Upgrade Event (CUE) introducing features for better interoperability with other networks, including Bitcoin, Ethereum, and Midnight.
The Twitter user identified as “thepizzaknight_” recently took to the platform to explain how Cardano’s CUE will enable mega performance between the network and other projects. He noted that Cardano currently uses Curve25519 while Bitcoin and Ethereum use SECP256k1. To explain this, the user used the analogy of language families, noting that Cardano uses Curve25519, similar to the Germanic language family, while Bitcoin and Ethereum use SECP256k1, similar to the Romance language family. In other words, it’s difficult to do business between the two without a translator.
This is where CUE comes in, as it aims to solve the cross-chain issue. It will add support for SECP256k1 as a built-in function on the network, enabling dApp and bridge builders to execute successful business transactions. This could potentially be a game-changer for Cardano, as it could lead to increased adoption and enthusiasm for the project.
Cardano has gone from strength to strength over the years, but its price has not kept up with its development. That could all change with CUE, as it could be the boost the network needs to reach its full potential. With the CUE just around the corner, Cardano enthusiasts will be eagerly awaiting to see the impact of the Chain Upgrade Event on the network.