For example, the Solana team airdropped $10 worth of BONK (another meme coin) tokens to those who bought their first smart phone – the Solana Saga 1. At some point, those $10 were worth more than the phone. Regardless, this is just an example of how meme coins can be used as a ...
Building a blockchain from the ground is no easy task, and most projects end up being hacked because of weak network security. Through SCP, the network’s security improves greatly. However, as SCP is quite a complicated thing to understand (as we’ll see below), they only emphasized thes...
Always double-check the token contract—use CoinGecko or Etherscan to verify legitimacy.Another risk is impermanent loss for liquidity providers. If the price of tokens in your pool shifts dramatically, you could lose value compared to just holding the tokens. It’s a common risk for anyone ...
Its CoinGecko case study gets healthy traffic numbers—but traffic overall is less of a consideration here. Case studies don't need a ton of traffic to achieve their purpose. Case studies work best when they’re positioned at related buyers. Imagine a salesperson trying to close a $150 millio...
Uniswap is one of, if not the most, populardecentralized exchangeson Ethereum and in crypto altogether. It introduced its governance token, UNI, in September 2020 through a now highly regarded airdrop. Uniswap (UNI) price post-airdrop (2020):CoinGecko ...
interest wanes. It is worth noting that the term "shitcoin" is sometimes used derogatorily to describe altcoins due to their similar price volatility. However, altcoins aim to present themselves as superior alternatives to Bitcoin by creating projects with genuine utility and value, which is ...
Preview listings of RLUSD have already appeared on major cryptocurrency data providers, includingCoinGeckoandCoinMarketCap. RLUSD will initially launch on Ripple’s XRPL and Ethereum Introduced in June, RLUSD is a 1:1 US dollar-backed stablecoin 100% backed by US dollar deposits, short-term US...
Still asking the question: what is spot trading in crypto? Here’s a summary of the main types of spot trading markets: Exchange Order Books The vast majority of spot trading volume occurs on centralized exchanges. CoinGecko data shows that about $85 billion was traded in the past 24 hours...
What is an ICO used for? Creating a blockchain and cryptocurrency is a costly endeavor. Developers must pay for legal counsel, programmers, facilities, and other expenses. An ICO is intended to raise funds to pay for the costs incurred during a blockchain’s or coin’s development. Investing...
host, and secure the website. Trades are generally conducted using smart contracts, which automate the trading process to remove the need for trust. CoinGecko also has a list of