The AI narrative has taken the crypto world by storm, capturing 50% of the industry’s mindshare. Yet, despite the hype, the total market cap of AI-related coins still falls short compared to the top two memecoins. The AI narrative is leading in crypto with 50% mindshare. Yet, the total market cap of AI coins is […]
Tag: Crypto
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC), has officially launched ApeChain on the Ethereum mainnet. ApeCoin DAO’s $APE token surged 100% in the last two days, fueled by excitement over ApeChain’s launch. What is ApeChain? ApeChain is a Layer 3 blockchain solution built on Ethereum, using the Arbitrum Orbit toolkit to […]
In the last seven days, Solana ($SOL) has surged to the top of Smart Money’s accumulation list, reclaiming the #1 spot. Alongside $SOL, other notable tokens such as Bitcoin ($BTC), Pepe ($PEPE), Mog Coin ($MOG), Rollbit Coin ($RLB), and Lamden ($TAO) continue to be heavily accumulated by savvy investors. A new entrant, $AEVO, also made […]
Last night, decentralized finance (DeFi) platform @RDNTCapital fell victim to a significant security breach that resulted in a massive loss of funds from its markets. The attack targeted the platform’s multisig wallet, which is responsible for critical tasks such as contract upgrades and transferring funds. The wallet, identified as 0x111ceeee040739fd91d29c34c33e6b3e112f2177, operates on a multisignature model […]
The meme coin market is buzzing this week, with its total market cap soaring to $47 billion—a notable 17.86% increase in just seven days. This impressive growth has outpaced many other sectors in the cryptocurrency space, with most of the top 20 meme coins trending upwards. Market Overview The meme coin market cap now stands […]
The crypto market remained mostly flat in Q3 2024, with the total market cap ending the quarter at $2.33 trillion, reflecting a slight 1% drop. Despite this, the quarter was marked by volatility due to external factors, such as the Federal Reserve’s rate changes and Japan’s surprising rate hike. Here are the most notable insights […]
The AI boom is undeniable, with tens of billions of dollars pouring into startups over the past year. Leading the charge is OpenAI, which recently raised $6.6 billion, pushing its valuation to a staggering $157 billion—over 10 times the fully diluted value (FDV) of $TAO. OpenAI has transitioned from a research lab into a product-driven […]
Justin Sun: The Airdrop Hunting Tycoon
Justin Sun has emerged as one of the most accomplished airdrop hunters in the crypto world, employing a strategy that allows him to earn millions with minimal effort. As of February, Sun’s net worth was estimated at around $1.5 billion, but with the recent market surge and his growing influence, it’s likely his assets have […]
The CoinMarketCap (CMC) Q3 report reveals significant shifts in the crypto landscape. Bitcoin’s dominance surged to a two-year high of 56.8%, its highest level since April 2021, while the total stablecoin market cap hit an all-time high (ATH) of $160 billion, 2.5 times higher than April 2021 levels. Despite a slight dip in the global […]
On September 30, the Sui blockchain introduced a new bridge that allows Ethereum (ETH) users to transfer assets to Sui, a Layer 1 network. This bridge enhances interoperability between Ethereum and Sui by facilitating seamless transactions, a major development in blockchain technology. Before this, Wormhole was the primary means for transferring assets between the two […]