Altcoins
Latest news from APE, SHIB, AVAX Coin and these 6 altcoins!
Avalanche (AVAX Coin) has managed to overtake Tron on the leaderboard in its latest move. With the help of two anonymous whales, SHIB Coin’s burn rates have increased by 545 percent. A giant whale sold ENS and then bought MKR! And more…
News from MKR, APE, AVAX Coin and 6 altcoins!
Avalanche (AVAX Coin) Replaces Tron (TRX)
While you follow Kriptokoin.comThe recovery process continues in the market. In this process, some position changes among altcoins are attracting attention. Avalanche (AVAX Coin) managed to surpass Tron in the rankings as the market cleared after a sudden recovery on Sunday evening. During the day, AVAX Coin rose by more than 10% to $32.87. Thus, AVAX Coin increased its weekly gain to 18.44% to highlight its continued positive performance. Avalanche’s growth trends have pushed it to reach a market cap of $12,600 million. This has pushed it above Tron’s value of $11.835 million.
SHIB Coin Burn Rates Increased by 545 Percent
THE Shibburn wallet tracker, popular among the Shiba Inu community, has reported a dramatic increase in one of SHIB’s key metrics, burns, since Sunday morning. The data source noted that these burns were performed by just two anonymous SHIB whales. Shibburn reported that 10,359,000 SHIB were burned between 13 and 16 hours ago. A total of four transactions were performed by two anonymous wallets. The first wallet, ending in -205b5, burned two stacks of 4,559,000 and 3,000,000 SHIB. The second, ending in -eaa40, burned two identical SHIB stacks of 1,400,000 SHIB each.
Source: Shibburn
A giant whale sold ENS and then bought MKR!
A whale has recently made significant transactions involving Ethereum Naming Service (ENS) token. Between July 8 and July 12, the whale withdrew 73,059 ENS worth approximately $1.85 million from cryptocurrency exchanges Binance and Gate.io. He purchased the tokens at $25.36 each. Today, the whale deposited all of his ENS to Binance and Gate.io at a price of $26.86 per token. This strategic move generated approximately $109,000 in profit for the whale. After the ENS transactions, the whale turned his attention to Maker (MKR) tokens. In the past four hours, the whale has withdrawn 1,026 MKR worth approximately $2.98 million from both Binance and Gate.io.
APECoin DAO Opens APE-Themed Hotel in Bangkok
APECoin DAO is set to open an innovative APE-themed hotel in a prime location in central Bangkok, Thailand. The hotel will feature a variety of immersive events and attractions. These include ApeCoin-themed exhibitions, an APE bar, multiple APE community-themed rooms, an APE pool, and an MBA-themed exhibition space. These facilities are designed to fully promote ApeCoin, ApeChain, and the various APE communities and provide guests with a unique and immersive experience.
Ondo USDY Launched on Cosmos Ecosystem
The Noble Blockchain and Ondo Finance teams have launched Ondo US Dollar Yield (USDY) on Cosmos, introducing the first local dollar stablecoin to its ecosystem. The move brings USDY, a stablecoin product and tokenized note backed by short-term US Treasury bonds and US demand bank deposits, native to the 90+ specific applications of Cosmos Blockchain. While USDY will be made available via Noble Blockchain, many other Cosmos Blockchain and DeFi projects will benefit from USDY, including Injective, Osmosis, Kujira, and Pyth.
Ord.io Announces Liquidium Runes Airdrop Launch
Ord.io has announced the start of the Liquidium Runes airdrop on the X platform. Owners of OMB, Quantum Cats, Pizza Ninjas, Bitcoin Puppets and NodeMonkes can check their wallets to confirm if they have received the airdrop. The Liquidium Runes were reportedly issued by Liquidium, a Bitcoin asset lending platform.
Cardano Hits 94 Million Transactions in Epic Milestone
Cardano (ADA) has reached a major milestone, surpassing 94 million transactions. This achievement underscores the growing adoption of the network. In addition to transactions, Cardano is also seeing growth in other network metrics. As per the latest weekly report from Input Output Global (IOG), the total value locked on the Cardano network currently stands at 548.4 million ADA. 2 million native tokens have been minted in the 10th policy of 146,328 tokens out of 146,328 tokens. Plutus scripts total 67,950 and there are currently 1,368 projects developed on Cardano.
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