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Does Anyone Still Remember DeFi? Now's The Time 'Winners Are Built', Cardano Exec Says – Benzinga

admin — Tue, 16 Dec 2025 21:25:51 +0000

Does Anyone Still Remember DeFi? Now’s The Time ‘Winners Are Built’, Cardano Exec Says Benzinga

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Shiba Inu And Pepe Face Fierce Competition From This New And Upcoming Altcoin. Remember The Name Remittix – CryptoDaily

admin — Tue, 14 Jan 2025 19:25:45 +0000

Shiba Inu And Pepe Face Fierce Competition From This New And Upcoming Altcoin. Remember The Name Remittix CryptoDaily

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Remember Shiba Inu’s Flight to the Moon? Lightchain AI Could Be the Next Meme Coins to Turn $1,000 Into 10K – Analytics Insight

admin — Tue, 07 Jan 2025 12:22:48 +0000

Remember Shiba Inu’s Flight to the Moon? Lightchain AI Could Be the Next Meme Coins to Turn $1,000 Into 10K Analytics Insight

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A Historic Leap For Shiba Inu? Key Figures To Remember – Cointribune EN

admin — Sun, 22 Dec 2024 23:58:36 +0000

A Historic Leap For Shiba Inu? Key Figures To Remember Cointribune EN

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Remember Dogecoin? Elon Musk's Government Appointment Is a Joke (About a Joke, About a Joke) – Vanity Fair

admin — Thu, 14 Nov 2024 17:41:46 +0000

Remember Dogecoin? Elon Musk’s Government Appointment Is a Joke (About a Joke, About a Joke) Vanity Fair

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Remember Dogecoin? Now You Can Buy a Ferrari Using It – Times Now

admin — Tue, 20 Feb 2024 12:34:57 +0000

Remember Dogecoin? Now You Can Buy a Ferrari Using It Times Now

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Remember Elon Musk's SNL, anticipated to boost Dogecoin price, DOGE dropped by 90% since then! – The Coin Republic

admin — Mon, 13 Jun 2022 12:35:54 +0000

Remember Elon Musk’s SNL, anticipated to boost Dogecoin price, DOGE dropped by 90% since then! The Coin Republic

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Cardano Crypto Alert: 11 Things to Remember About ADA as Prices Jump Thursday

admin — Fri, 03 Dec 2021 08:10:21 +0000

<br /> Cardano Crypto Alert: 11 Things to Remember About ADA as Prices Jump Thursday | InvestorPlace

ADA developers have taken a steady approach — and to much success. That approach will continue.

Cardano (CCC:ADA-USD) is an undeniable powerhouse in the cryptosphere. The Charles Hoskinson-founded network is providing users with an alternate path from Ethereum (CCC:ETH-USD). Its many upgrades, partnerships and other additions over the last year prove as much. But today in particular, investors are on a Cardano crypto alert, with the ADA coin’s volume surging. The network is reminding its users the virtue of patience — and promising to deliver on a much-hyped decentralized finance (DeFi) ecosystem.

Source: Grey82 / Shutterstock.com

December is a month of reflection for many investors when it comes to their portfolios. Crypto wallets are no different. Now, any investor who is holding ADA-USD in their wallet is surely proud of their investment, seeing the network blossom into one of the most powerful forces in the asset class.

Let’s take a look at what Cardano has done this year — and what developers are saying about the future of the coin.

Cardano Crypto Alert: Not Slowing Down on Network Development

ADA holders are on a Cardano crypto alert today after developers published a blog post detailing the network’s plan for change in the near future. The post acknowledges the network’s slow-and-steady approach to growth and lays down a path for immediate changes to help facilitate even more growth. But just what has Cardano done in the last 12 months? And where is it going from here?
To look at Cardano’s growth through the year, it’s first important to put the ADA coin’s growth into perspective. In January, ADA was worth just 17 cents. At its highest point this year, the coin was trading above $3. That’s an increase of over 1,600% on the year.
Cardano’s biggest moment of 2021 was the execution of the “Goguen” phase of its road map. This phase was executed via the Alonzo Purple hard fork upgrade, which met the network in September. The fork was initially slated for the spring. But in keeping with their slow-and-steady ethos, developers took extra time to bulk up the upgrade.
This hard fork presents Cardano with a whole new swath of use cases because it introduces smart contracts to the ecosystem. With smart contracts, users are now able to do things like mint NFTs, automate trades and more accurately report data.
The network has not rested on its laurels in the proceeding months, either. September remained busy as the team hosted the Cardano Summit 2021.
This summit saw the announcement of partnerships with the likes of Chainlink (CCC:LINK-USD) for real-time data reporting. It also saw the network team up with Dish Network (NASDAQ:DISH). That partnership will help the company integrate the Cardano network into its business.
Cardano’s ADA is also finding great success in exchange listings. Most recently, it is landing a spot on the BitStamp exchange. Currently, it leads the vote for a listing on BitPay as well.
Today’s blog post from the development team details immediate goals moving forward. The post asserts that the team will keep with its meticulous development, even if it means slower rollout. Investors looking for a very clean final product are certainly excited about this.
Thanks to the influx of users coming to the booming network, there is now an effort to accommodate them. Specifically, developers note an incoming increase to total block size. This change will translate directly to more data fitting into each block and the overall capacity of the network rising.
Another major change coming to the network are alterations to the Plutus script memory limits. This doesn’t affect end users, but it does make the network more powerful for dapp developers.
All of this news is translating to some decent gains in ADA. The coin is up 7% so far today. More importantly, more users are flooding into the network. Volume is booming over 100% today.

On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Article printed from InvestorPlace Media, https://investorplace.com/2021/12/cardano-crypto-alert-11-things-to-remember-about-ada-as-prices-jump-thursday/.

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Remember That ‘You Only Live Once.’ Avoid Shiba Inu.

admin — Wed, 01 Sep 2021 20:23:40 +0000

There’s dumb. And when it comes meme-crypto Shiba Inu (CCC:SHIB-USD), now there’s dumber. But for traders willing to throw their Benjamins or Renminbi away, misery is certain to have plenty of company.

Source: Shutterstock

Let me explain.

What’s a couple pennies among traders? It could be slippage. And most often it is. But that’s not even the half of it — or rather, any part of it when it comes to SHIB coin. The reason is the recent crypto entrant fetches a fractional .0000068 of $1.00. Yup, that’s not a typo.

A Quick Look At Shiba Inu

I’m reminded of Bitcoin’s (CCC:BTC-USD) first infamous transaction for two pizzas more than a decade ago. Today that would require 2,588,235 SHIB tokens for a non-inflationary, crappy store-bought cheese pie at $7.00 each.

Add some pepperoni or mushrooms to the two pizzas and a purchase in Shiba Inu would require another virtual truck to deliver payment.

But that’s purely hypothetical for the so-called “Dogecoin (CCC:DOGE-USD) killer.”

The thing is and unlike Bitcoin or Ethereum (CCC:ETH-USD) and a few other cryptos offering modest utility today to a select few businesses and institutions and even fewer individuals — SHIB has no purpose.

Zero. Nada. None!

Oh wait, now I’ve gone too far? What about Shibu Inu’s aim as a Dogecoin killer? Sorry. The first was the original dumb crypto investment given a coin fathered by developers admitting Dogecoin was intended as a joke.

Wait one minute! What about the recent development SHIB is now an accepted payment method for increasingly popular, one-of-a-kind digital collectibles known as non-fungible tokens or NFTs?

Maybe I’ll be eating my words in a few years, but it’s doubtful. And today I still believe it would be challenging to find a dumber risk asset than Shiba Inu to defend. OK, other than possibly NFTs themselves.

To walk the aisle and keep an open mind … well kinda sorta … there are some investment professionals other than meme traders buying into junk coins. They see things a bit differently in SHIB.

Ben Caselin, head of research and strategy at crypto exchange AAX says the trading in SHIB coin shouldn’t be ignored despite its shortcomings. And the reason is priceless.

According to Ben what we’re witnessing in Shiba Inu is “the mass movement of traders new to crypto moving into the space.” And those actions reflect the behaviors of a new, growing class of cryptocurrency traders.

Alternatively, there’s dumb and dumber or Dogecoin and SHIB. But I suppose in Ben’s defense, trading of any kind is obviously good for business.

Shiba Inu Weekly Price Chart

Source: Charts by TradingView

Are you that desperate? That’s what comes to mind when I look at the daily price chart of Shiba Inu. Understandably though, the lure for those willing to be so hopeless as to buy SHIB-USD is of course right there.

As the illustrated chart temptingly reveals, today’s buyer of SHIB for .0000068 could reasonably expect to make 50% with just the tiniest bit of cooperation from what’s been a dog of a crypto. Right? Yup.

And if the token manages a breakout above lateral resistance — then the sky is the limit? YOLO!!??

I’m not holding my breath, though it might help with the stench SHIB has already burdened its existing meme-loving fanbase with.

In closing, Shiba Inu isn’t a crypto worth even a speculative allocation of 1% to maybe 2% of one’s portfolio capital. That’s not to say investors that ignore today’s warning won’t profit from a position in SHIB.

Ultimately, the market can be a whole lot dumber than I’m willing to give it credit. And appreciatively, that’s after a year which has ushered in thematic meme trades left and right, pushed the boundaries of what’s possible in risk asset prices and pushed to the limit the idea of investors being prudent.

On the date of publication, Chris Tyler holds (either directly or indirectly) positions Grayscale Bitcoin and Ethereum Trusts (GBTC, ETCG and ETHE). The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Chris Tyler is a former floor-based, derivatives market maker on the American and Pacific exchanges. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits.