Tag: Memes

The Federal Reserve has resorted to flooding the economy with dollars to curb inflation. According to Forbes, the M2 money supply in April 2021 was $20.11 trillion, representing a 30% increase since January 2020. Too many dollars in the system reduces the currency value. In addition, there is pent-up demand — more money going after…

While DOGE’s price is hovering near the USD 0.30 level at the start of September after rising 35% last month, the Dogecoin team has released its latest update for all users. According to Billy Markus, co-founder of Dogecoin, it’s most useful for miners to download the update because they are the ones who “put transactions…

This week, a project PleasrDAO announced that a notable Doge NFT, sold in June 2021 for 1,696.9 Ether (a historic sale over $3.6 million at the moment of sale), will be fractionalized. Now, the NFT’s owner wants to share the ownership with others. At the same time, Cryptopunk #543 has already being fractionalized and sold…

Binance Coin is raising. Cardano has doubled in August, becoming the third-largest digital coin, while Avalanche has tripled. Meanwhile, prices for NFTs, mostly funny digital photos or cartoon depictions, are going mad, sometimes quadrupling in a few days. Analysts and investors did not come to a consensus on what’s driving this craze. Some suggest speculators…

Jack Butcher, a creator of Visualize Value, an online courses platform, launched the “Care Package” project, which enables crypto and NFTs to play a new role in charitable giving for Afghani citizens in particular. With the rising conflict throughout Afghanistan, Jack sought out NFTs as a way to help those in need. The United Nations…

Cryptocurrency exchange Coinbase Global announced on Wednesday it has started to accept meme cryptocurrency Dogecoin for commerce payments. Dogecoin (DOGE) became the 7th cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal, according to an announcement on Twitter. The platform currently also supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), as well…