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Showing posts with the label ecosystem

Will SHIB reach 1 cent in 2025?

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Shiba Inu (SHIB), the 17th largest cryptocurrency by market capitalization, has made remarkable progress since its modest beginnings as a meme coin.  Once dismissed as a speculative token with limited utility, SHIB has established itself in the cryptocurrency space through continuous development and strong community-driven efforts. Investor interest in SHIB has recently been reignited by a sharp increase in the token’s burn rate. Millions of SHIB tokens have been permanently removed from circulation, fueling optimism about the potential impact of reduced supply alongside ongoing ecosystem advancements.  Picks for you Can Silver hit $100 in 2025 1 hour ago Crypto developers can earn up to $1.5 million in 2025 with EGLD’s Growth Gam...

WOO unveils innovation hub focused on Bitcoin’s ecosystem

WOO plans innovation hub expansion to bolster Bitcoin’s ecosystem The new initiative will focus on projects bringing Bitcoin Layer-2s, RWA, DeFi, AI and DePIN to the Bitcoin ecosystem. WOO has announced plans aimed at using its innovation hub and the WOO token to power the next growth chapter for the Bitcoin (BTC) ecosystem. WOO, which Features a top CEX platform WOO X and top DEX platform WOOFi, revealed its latest initiative at Token2049 week in Dubai. What are WOO’s plans to bolster BTC ecosystem? According to a recently published announcement, WOO’s Europe-based innovation center will be expanded to tap into the native WOO token’s potential in driving the new era of decentralized projects on Bitcoin. We're excited to expand our innovation hub to vastly increase the number of WOO-aligned products in the coming months. Expect greater alignment with high-potential projects under verticals such as RWA, AI, DePIN, and the emergi...

Memecoin craze sends Ethereum gas fees up as Rebel Satoshi launches $RECQ for its dual-token ecosystem

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Ethereum jumps 13% in a week, and more growth could be imminent. Rebel Satoshi attracted more investors after $RECQ started its presale at $0.0020. Investors have been flocking to top meme coins over the past few weeks, hoping to get massive returns soon. As a result, Ethereum’s (ETH) gas fee recently rose significantly, rendering the network unusable for most crypto enthusiasts. Meanwhile, Rebel Satoshi, an emerging meme coin project, has caused a stir after starting the public presale of its utility token, $RECQ.  Which is the best cryptocurrency to buy in 2024, Ethereum or $RECQ? Let’s find out! Ethereum surges 13% amid rising gas fees Ethereum has put up a commendable performance over the past seven days. On March 2, ETH was changing hands at around $3,420.09. ETH began climbing the same day as investors anticipated ETH surging after the Dencun upgrade ships on March 13. Additionally, increased activity around Ethereum-based meme c...

SSV launches $50M ecosystem fund to support ETH staking tech

Vitalik Buterin identified distributed validator technology, or DVT, as a key component of Ethereum’s decentralization efforts. Validator infrastructure developer ssv.network has launched a new ecosystem fund to support Ethereum proof-of-stake Decentralization — a move that the company said would promote innovation around Ether (ETH) staking technologies.  The ecosystem fund, valued at $50 million, will support projects building applications using distributed validator technology, or DVT, the company announced on Jan. 17. The fund is solely dedicated to backing DVT use cases in support of Ethereum’s long-term decentralization efforts. DVT is an open-source protocol that allows a validator’s responsibilities to be distributed across multiple nodes. The protocol was a key component of Ethereum co-founder Vitalik Buterin’s roadmap for Eth 2.0, as more DVT implementation means more decentralization. SSV noted that several venture capital investors — including Digital Currency Group, ...