What is dogecoin

As billionaire Elon Musk fuels speculation with his statement “Dogecoin to the Moon,” the question arises: Is he once again investing in Dogecoin? This prompts a reevaluation of Dogecoin’s price trajectory.

Dogecoin’s price surged by 6% in the last 24 hours, reaching $0.1806 following billionaire Elon Musk’s recent proclamation of “Dogecoin to the Moon” during a Q&A session yesterday. The renowned meme-inspired cryptocurrency has experienced an 18% increase in value over the past week, a staggering 120% surge over the month, and an impressive 140% rise…

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Tensor unveils its governance token on the Solana blockchain.

in brief Tensor, an NFT trading platform operating on the Solana blockchain, has announced the introduction of its governance token, $TNSR, designed to decentralize protocol governance. However, specific details regarding the token’s release are yet to be disclosed. Since its inception in 2022, Tensor has facilitated the trading of over $2 billion worth of Solana…

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Despite objections, Terraform Labs has secured representation from Dentons, as decided by a U.S. court.

According to Reuters, US Judge Brendan Shannon has granted permission to Terraform Labs, a bankrupt cryptocurrency company, to engage Dentons for its legal representation. Shannon’s decision came during a bankruptcy court session held in Wilmington, Delaware, where he concluded that Terraform’s expenditure on legal services was a necessary and appropriate utilization of the company’s financially…

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In April, the Zkevm Testnet is set to undergo the Dencun upgrade, as announced by a developer from Polygon.

The eagerly awaited Dencun upgrade for Ethereum is scheduled to roll out on the zkEVM testnet in April. Jarrod Watts, a Developer Relations Engineer at Polygon Labs, anticipates significant advantages for Polygon zkEVM and other layer-2 solutions with this upgrade. Watts asserts that the initiatives outlined in EIP-4844 will enhance the Ethereum user experience and…

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Amid security concerns, the Solana network is contending with congestion issues.

in brief The Solana network is confronting numerous challenges arising from a sudden increase in user activity. Achieving a delicate equilibrium between stability and network expansion has become imperative in response to these challenges. Currently, the Solana blockchain network is facing a multitude of challenges due to a surge in user activity. Among these challenges,…

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Nomura’s Laser Digital, Flow Traders, and GSR have collectively invested over $10 million in ClearToken.

ClearToken, a digital asset clearinghouse, has recently secured a substantial investment exceeding $10 million, with notable contributions from Nomura’s digital asset arm, Laser Digital, alongside participation from prominent entities such as Flow Traders, GSR, LMAX Digital, and Zodia Custody, a subsidiary of Standard Chartered’s SC Ventures. This influx of investment marks a significant milestone for…

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The Bitcoin Asset Protocol BRC-20 Improves Governance by Introducing New Maintainers.

On Monday, Domo, the developer behind the BRC-20 token standard, unveiled a governance change for the token. The protocol’s token management will now be overseen by the creator’s non-profit organization, the Layer 1 Foundation (L1F). Domo disclosed that L1F will work in conjunction with UniSat and Best in Slot, prominent Bitcoin infrastructure providers, who will…

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Bitget Wallet is poised to propel the evolution of Web3 through the launch of the BWB token.

in brief Bitget Wallet, boasting over 12 million users, is a leading non-custodial wallet service. The platform is gearing up to introduce its native cryptocurrency token, BWB. BWB’s launch is aimed at challenging mainstream Web3 wallets and strengthening Bitget Wallet’s foothold in the competitive crypto landscape through strategic “vampire attacks.” This move aligns with Bitget…

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The Core Foundation, Focused on Web3 Development, Unveils a Fresh NFT Marketplace

The Core Foundation, dedicated to establishing a secure and decentralized environment for decentralized applications (dApps), is set to unveil a new non-fungible token (NFT) marketplace. This announcement, made on Monday, coincides with the foundation’s plans to initiate an NFT collection drop named “Core Journey” for the community. According to Rich Rines, a Core contributor, the…

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The Uniswap community has rebuffed a governance proposal suggesting the distribution of revenue to holders of UNI tokens.

The Uniswap community has recently dismissed a governance proposal aimed at altering the platform’s fee structure, which included the provision for distributing revenue to UNI token holders. The voting period for this proposal concluded on March 9, revealing that 59.9% of mobilized UNI votes stood in opposition. The proposal, now rejected, sought to empower the…

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