In a monumental announcement made on Wednesday, Verastus Labs, a pioneering peer-to-peer web service protocol, revealed that it had successfully raised $2.3 million in a seed funding round. This impressive achievement brings the company’s valuation to an astounding $50 million. The funding seeks to propel the development of Verastus LASR, an innovative stateless rollup that
Analysis
In a frenzy of excitement, the new coin listing EAGLE soared over 2,000% after making its debut on Uniswap yesterday. Investors eagerly bought into the meme token, driving its price to a record high of $0.0012 earlier today. However, as quickly as it rose, EAGLE began its rapid descent, plummeting to $0.00005215 at the time
In recent months, the DEX market has experienced a surge in explosive token moves, with various moon-shots gaining significant attention. Coins such as APX, SAMBO Bot, BabyGROK, TIME, ROCKY, and IO have all seen remarkable pumps. Now, experts are suggesting that the 10000x token could be the next cryptocurrency to skyrocket. However, it is important
In today’s rapidly evolving global marketplace, organizations from diverse industries are constantly seeking innovative approaches to improve customer satisfaction and streamline processes. However, the potential benefits of incorporating cryptocurrency payment methods into business operations are often overlooked due to the historical association of cryptocurrencies with the digital asset ecosystem. Recognizing the significance of integrating cryptocurrency
Cryptocurrency exchanges have experienced a remarkable transformation over the years. From simple trading platforms, they have evolved into comprehensive financial ecosystems that offer much more than just transaction capabilities. Traders today are demanding environments that provide enhanced security, user-friendly interfaces, and a range of financial tools. Furthermore, they seek educational resources and community features that
The world of decentralized finance (DeFi) is no stranger to significant price movements and jaw-dropping pumps. In recent months, we have witnessed a remarkable trend in explosive DEX-traded token moves, capturing the attention of traders and investors alike. One such token that has recently erupted with an incredible pump is XCEPT token ($XCEPT), which recorded
The DEX token $ETHETF has been gaining significant attention in the market recently. It is rapidly approaching its target of a 21% total supply burn, with 1,000,000 tokens burned in a single day. This burn is part of an ongoing dynamic burn mechanism aimed at reducing the token supply by 21M tokens, which is around
In the recent months, the decentralized exchange (DEX) market has witnessed a surge in explosive token movements. Numerous tokens, including popular ones like APX, SAMBO Bot, Baby Meme, TIME, ROCKY, and IO, have garnered significant attention due to their moon-shot gains. However, amidst this trend, an unexpected token named ‘10000x’ has taken the market by
PEPE100x, the latest meme token to gain popularity on Uniswap, has experienced a staggering overnight surge of 50x, with its price reaching a record high of $0.00386. This rapid rise is not uncommon in the world of meme coins, as investors are drawn to the potential for significant gains. However, the euphoria surrounding PEPE100x was
The price of NEO’s native settlement token, GAS, has experienced a significant surge, with an 11.5% increase despite a notable retracement. This surge in GAS price can be attributed to the growing interest in staking NEO and the announcement that GAS will be utilized for settlement on NEO’s sidechains. However, with the price experiencing a
