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The Mini price surged 122% in a week and 3% in the last 24 hours to trade at $0.08601 as of 3 a.m. EST on trading volume that went up 18% to $11.4 million. The relatively new cat meme coin launched in May, and attracted quite a bit of attention recently thanks to a number of new listings, including on Solana’s Sol Index on Oct. 2. The project’s price took off from there, going from $0.01496 to its ATH at $0.09823 reached only a few hours ago, as the project stopped just shy of $0.1. Of course, the Sol Index listing was only a beginning. Only days later, HolderScan data said that mini reached 7,300 holders, a figure that has since skyrocketed to 12,225. Some on social media said MINI is a new Popcat, with some suggesting that it represents a second chance for those who missed the POPCAT hype in January and February. $MINI is the second chance for the people who missed $POPCAT in january / february. — NastyLab (@nastylab1) October 9, 2024 Over the last few days, ...

Paris may have sent off the Olympic games in style at Sunday’s Paralympics closing ceremony, but over in Web3, Olympics-themed The Meme Games token ($MGMES) is about to enter a money-making race of its own when it launches on exchanges tomorrow.  Investors that want to load up on The Meme Games at fixed presale prices have just 24 hours to buy in via the presale website, where they have a one-in-five chance to automatically secure 25% extra tokens on their purchase ahead of tomorrow’s token claim and launch at 10 AM UTC. Degens have hailed $MGMES as the official meme coin of the Paris Olympics, thanks to its star-studded cast of meme coin athlete avatars that pay homage to some of the biggest meme coins in Web3’s short and busy history. Earlier in the summer, The Meme Games collected a tidy $100k within minutes of launch as investors crowded the stands to snap up the meme coin of the summer. Now the presale is about to c...

Discover how Ethereum’s shift to PoS and liquid staking protocols transform blockchain technology and address the 32 ETH staking challenge. Ethereum staking has revolutionized the way we use and interact with blockchain technology.  With its security now relying on capital rather than computing power, Ethereum’s (ETH) shift to proof-of-stake (PoS) offers numerous benefits, including a reported 99% reduction in the network’s carbon footprint. However, it still presents several drawbacks, chief among them being the 32 ETH economic requirement for participants to run a dedicated node on the network. You might also like: What is proof-of-stake (PoS)? Liquid staking protocols: what to look out for As of January, 32 ETH is about $84,724. Not many would-be validators can easily afford that amount, especially in regions with lower incomes. Additionally, staking funds become locked and lack liquidity, pushing stakers to join staking pools instead. These pools often prove mor...

Bitcoin is about to close its worst performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains in May. The crypto currency market experienced a dull month with Bitcoin (BTC) dropping 7.37%, its worst performance since November 2022 and Ethereum (ETH) losing 0.22% in May.  The average loss across the market stands at 5.62% on the last day before the monthly close. However, some outliers posted impressive gains thanks to popular investment narratives and the growth of the Ethereum staking sector. In the first half of May, memecoins grabbed headlines with Pepecoin (PEPE) leading the narrative. The memecoin cycle guzzled up a lot of gas on Ethereum in the first half of May. PEPE’s market capitalization surged to a peak of $1.54 billion in the first week of May, according to CoinGecko. It has witnessed a sell-off since then as token holders booked profit. However, the token still ended the month with over 300% gains. Top 5 performers among the top 100 cryptocu...

Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned a total income of $46 million in the first week of May as a result of the increase in the staking rewards rate, which is a metric for the annualized yield of validators. According to data, validators earned 24,997 Ether (ETH) in the week, representing a 40% increase over the previous week's income of $33 million, when 18,339 ETH were distributed as rewards. The recent trend of a new memecoin called Pepe trading is the reason behind the gratitude of validator s. In the past week, the average fees on the Ethereum network have exceeded 100 gwei, marking the highest level since May 2022. As gas fees increase, end users are paying over $30 per swap. The surge in gas fees has resulted in higher fee income for validator s from processing transactions, in addition to their regular validator reward s. ETH staki...

Cardano is one of the largest layer-1 blockchains by market capitalization but what does the DeFi ecosystem offer for staking? Cardano is one of the largest layer-1 blockchain solutions by market capitalization. The project is being driven by Input-Output (a Charles Hoskinson company), Emurgo and the Cardano Foundation. The chain was named after the Italian mathematician Gerolamo Cardano and its token ADA is named after the 19th-century mathematician Ada Lovelace. Cardano uses Ouroboros, a proof-of-stake (PoS) consensus mechanism where ADA holders can delegate their funds to stake pools. The cumulative stake allows each pool to verify transactions, create blocks and govern the network. Ouroboros uses cryptography, combinatorics, and mathematical game theory to guarantee the protocol’s integrity, longevity and performance. These validators are paid by the Ouroboros protocol with a fixed pool cost and an optional margin. Ouroboros also directly assigns staking rewards to all delegators....