BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $27452 | 0.80% |
| ETHEREUM | $1840 | 1.66% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.20 T | 1.30% |
| TRADING VOLUME | $50.30 B | 47.95% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| DOEX | $0.00023 | 321.70% |
| AVINOC | $0.68 | 84.82% |
| Enigma | $0.012 | 80.28% |
| Degis | $0.033 | 43.54% |
| Quark | $0.0011 | 37.03% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| GridZone.io | $0.00069 | 49.84% |
| Wabi | $0.00082 | 45.16% |
| Aidos Kunnen | $0.015 | 46.98% |
| MoonieNFT | $0.000052 | 28.94% |
| Ekta | $0.028 | 26.67% |
Floki (FLOKI), a memecoin created to follow in the footsteps of Dogecoin (DOGE), experienced a remarkable surge of over 44 percent within a 24-hour period, making it the top gainer early on Tuesday. This sudden rally is believed to have been triggered by the coin's official partnership with the Asian Badminton Championships 2023, as well as its recent listing on Binance. Meanwhile, BTC is trading in the green, while other top coins such as ETH, DOGE, LTC, and SOL are experiencing losses.
Major Events Around the World
The Terra Luna Classic community has recently approved a key parameter change proposal, welcoming a new project onto the network. This proposal not only expands the network's capabilities but also enables other projects to build on the Terra Luna Classic blockchain. Proposal 11477, submitted by TerraPoker, has successfully passed, increasing the key parameter on Cosmos Wasm MaxContractSize from 614400 to 819200. This change will allow the protocol to upload its contract onto the chain and contribute to the LUNC burn campaign. This exciting development marks a significant step forward for the Terra Luna Classic community, as it continues to grow and evolve. With the increased MaxContractSize, the network can now support more complex and sophisticated projects, paving the way for even greater innovation and collaboration in the future.
China's Belt and Road initiative is a highly ambitious infrastructure plan aimed at improving regional cooperation through enhanced connectivity. This project is one of the most significant global initiatives of its kind, with a focus on physical improvements to road connectivity. However, the initiative's impact extends beyond physical infrastructure, as China's digital infrastructure plans for cross-border trade have the potential to revolutionise international payments in the commercial space. This is due to the initiative's ability to connect stakeholders from approximately 150 countries, creating a vast network of potential partners and collaborators.
After conducting an internal review and delisting Shiba Inu from Binance's experimental "innovation zone," the U.S. branch of the world's largest crypto exchange has acknowledged the full potential of this cryptocurrency. As a result, they have announced their intention to offer Floki (FLOKI), another flagship cryptocurrency from the memecoin genre. This move demonstrates the exchange's commitment to providing its users with access to the most promising and innovative digital assets available.
COIN GABBAR Views: Despite major cryptocurrencies trading in the red or remaining flat, meme coins are experiencing explosive growth. Longtime bitcoin bull Chamath Palihapitiya has even declared that "crypto is dead in America." However, there is still optimism in the market as Binance.US has listed Floki (FLOKI), leading some to wonder if a meme season is on the horizon. To navigate these volatile markets, it is essential to stay up-to-date on the latest trends, news, technical and fundamental analysis, and expert opinions. Please stay tuned with us www.coingabbar.com
Also read: Changshu Goes Digital: Chinese City Pays Civil Servants' Salaries in Digital Yuan
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
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