People Are Rushing to Pay $50,000 for Digital Owls
The overall cryptocurrency market underwent a massive price correction phase as the market stood at the $1.81T mark. According to CoinMarketCap, the market suffered a 4.2% setback, and Bitcoin and Ethereum alone fell by around 5% and 4%, respectively. But, one coin showcased some vitals despite the overall decline following a bullish adoption development.
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has become Ethereum whales’ top token holding after surpassing FTX’s $FTT token and leading stablecoin USDT among the network’s largest whales. According to on-chain large balance tracking platform WhaleStats, Shiba Inu recently surpassed FTX’s token, and has been above the native tokens...
Recently, Bored & Hungry, the first restaurant in the world to accept ApeCoin ($APE) for payment opened in Long Beach, California.
Bored Ape Yacht Club (BAYC) NFTs saw demand skyrocket in the last 24 hours. The collection’s 24-hour trading volumes surged by 176%. The rise can largely be attributed to increased whale buying, as the floor price of the Bored Ape Yacht Club collection dropped below key levels. BAYC is a unique collection of NFTs on the Ethereum blockchain, continuing to gain interest from celebrities, businesspeople, and crypto whales. Given that the apes are priced in ETH, their USD floor price...