![]() ![]() The surges are “a strong statement of what crypto investors think of #Meta’s centralized vision.” Noelle Acheson, head of market insights at Genesis Trading wrote on Twitter. Lucas Outumuro, head of research at data analytics firm IntoTheBlock recently wrote in notes that Meta’s Metaverse “is expected to result in an opaque and less secure network where value created does not accrue to its users as would be the case in a decentralized platform like Ethereum.”Īfter Facebook announced its name change, The Sandbox (SAND) and another metaverse-related token Decentraland (MANA) recorded 210% and 200% gain over the past seven days, respectively. ![]() “And Facebook, unfortunately, doesn’t have a great history of openness.” “On the other hand, it concerns me because I think part of the vision and the dream for us, at least, with the metaverse is that it’s a very open place,” Yung said. “It’s a great endorsement that we’re in a sector that’s poised to break out into the mainstream,” Robby Yung, CEO at Animoca Brands, which owns metaverse-related game The Sandbox, told MarketWatch in an interview. Though it seems crypto and non-fungible tokens will play a role in it, the crypto community is not too happy. Or previously Facebook, aims to build a Metaverse. Bitcoin can be seen as a hedge against inflation, while the dog-themed coins represent the power of community, according to Lyu. On, a petition to get SHIB listed on Robinhood has received more than 490,000 signatures.ĭespite SHIB’s loss of about 30% over the past seven days, Lyu said he would hold the meme coin in the long term, along with bitcoin and dogecoin. “These investors are very passionate about such tokens and are determined to push the prices higher,” Lyu said. So they turn to Dogecoin and SHIB, where you buy tons using just $100.” A bitcoin can be divided into 100 million satoshi, its smallest unit. “But you’d need over $60,000 to buy one bitcoin. “Seeing bitcoin’s rise, some younger investors without a lot of money want to profit from crypto as well,” Lyu said. KuCoin primarily targets retail investors, Lyu said.Īs the world’s third most googled cryptocurrency, Shiba Inu notched a gain of more than 380% for the past 30 days and rallied more than 76,000,000% over the past 12 months. 28, SHIB’s volume was almost three times that of bitcoin. The trading volume of Shiba Inu recently surpassed that of bitcoin for at least three consecutive days on KuCoin, the world’s third-largest crypto exchange based on trading volume, according to Johnny Lyu, KuCoin’s CEO. On Oct. Shiba Inu saw a loss of 31.9% over the past seven days, its worst 7-day performance since May 25. Went down 14.2% for the past seven days, its worst 7-day performance since Sep. Recorded a 3.35% gain over the past seven days. This is because crypto prices can vary slightly across providers, so using a single source for this information is very important.Hit a record high at $4,669 on Wednesday, while the cryptocurrency has gained 11% over the past seven days. This page doesn’t just track the latest prices of cryptocurrency though - it also has all the latest news about cryptocurrency that you can read in one place, so that you don’t just know what is happening with your investments, but also why, and can make intelligent and informed choices.Īll data for the values is being sourced from BuyUcoin, CoinMarketCap, Coinbase, a trusted and popular platform to trade cryptocurrency. In the last day, its value has changed -1.16%, moving from ₹52.74 to ₹52.13. Ripple, or XRP, is another hugely popular token, with a market cap of ₹2.7T. ![]() In the same time, Litecoin (LTC) moved up from ₹6,876.45 to ₹6,937.59, a change of 0.89%, with a market cap of ₹510.1B. Over the last 24 hours, Ether (ETH), the currency for the Ethereum network, went from ₹1,52,940 to ₹1,53,139, with a market cap of ₹18.4T. It is now priced at ₹6.30, up from ₹6.25, a change of 0.61% in 24-hours. Other cryptocurrencies are also now strong investment options and the Shiba Inu-themed Dogecoin, whose symbol is DOGE, which was initially created as a joke, is now one of the best known tokens. It was priced at ₹24,30,639, according to BuyUcoin, and is now at ₹24,36,572. Even looking at only the most well-known crypto tokens such as Bitcoin, Ether (not to be confused with the Ethereum network for which it is the native token), Dogecoin, Litecoin and Ripple, there has been a lot of movement in their value.īitcoin is the oldest and most well-known crypto token that you can buy, and in the last 24-hours, its value has changed by 0.24%. The pricing of cryptocurrency changes very frequently and remains highly volatile. A daily roundup of news and information about Bitcoin, Ethereum, Dogecoin and more, this page has everything you need to know about cryptocurrency. ![]()
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