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Burn Portal Added to Shibarium for Shiba Inu Tokens
August 16, 2024The introduction of the Burn Portal by the Shiba Inu team for the Shibarium lawyer-2 solution is a significant development in the crypto industry. Burning tokens to decrease the supply…
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Ripple’s Transfer of 3 Billion XRP Tokens Sparks Concerns About Market Stability
June 3, 2024Ripple’s XRP token has been the focus of significant activity in the past 24 hours, attracting attention from the crypto community. According to blockchain tracker Whale Alert, there have been…
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Grayscale Introduces New Investment Options for NEAR and STX Tokens
May 24, 2024In a recent press release, Grayscale, a prominent asset manager in the crypto industry, announced the introduction of two new trusts for NEAR and STX investments. These trusts aim to…
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Nvidia Reports $26 Billion in Revenue for Q1, Showing Correlation with Gains in AI Crypto Tokens
May 22, 2024Chip-making technology giant Nvidia has reported its impressive Q1 earnings, showcasing a record-breaking quarterly revenue of $26 billion, surpassing market expectations by 5.5%. In addition to this, Nvidia has confirmed…
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Binance Destroys 1.4 Billion Terra Luna Classic (LUNC) Tokens through Burn
May 2, 2024Binance, a prominent player in the crypto industry, recently conducted its 21st batch of the Terra Luna Classic (LUNC) token burn, eliminating a staggering 1.4 billion tokens from circulation. This…
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CoinGecko reports that 5,300 new tokens are launched daily in 2024.
April 12, 2024The crypto industry continues to experience exponential growth, with over 540,000 tokens created as of early April and an average of 5,300 new tokens being introduced daily in 2024, as…
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Fantom’s FTM Outperforms Other Tokens in the Last 30 Days, Defying Meme Trends
March 22, 2024Fantom’s FTM token has recently seen a staggering 190% increase in value over the course of just four weeks, making it the top-performing non-meme cryptocurrency among the top 100 digital…
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Telegram’s ‘Notcoin’ Offering $400,000 in TON Tokens, Along with Millions of In-Game Coins
March 15, 2024Ahead of the upcoming token airdrop on The Open Network, Notcoin, a popular viral Telegram clicker game, has disclosed that it will be distributing a total of 100,000 Toncoin (TON)…
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Binance Witnesses a Significant Outflow of 1.19 Trillion PEPE Tokens in Anticipation of a Price Surge
March 11, 2024Binance, a prominent centralized crypto exchange, has recently experienced a significant outflow of PEPE tokens, a well-known meme coin, totaling 1.19 trillion tokens valued at approximately $1.88 million. Reports indicate…
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Flare Network’s $FLR Token Burn Reaches 66 Million, Approaching 400 Million Total Tokens Burned
February 10, 2024The Flare Network, a layer-1 Ethereum Virtual Machine-compatible blockchain, has taken a significant step to reduce the circulating supply of its native $FLR tokens by burning 66 million FLR. This…