As a seasoned crypto investor with a keen interest in the DeFi space, I’ve seen firsthand the negative impact sybil farming can have on projects and their communities. The announcement from LayerZero Labs regarding their solution to address this issue is both intriguing and promising. I. LayerZero Labs announced a new approach to combat sybil … Read more
TON’s non-zero wallets more than doubled in six months Growing user activity helped TON defy the broader market downturn in April As a crypto investor with a few years of experience under my belt, I’ve seen my fair share of market ups and downs. But nothing quite compares to the explosive growth I’ve witnessed in … Read more
SHIB’s next price point may be under $0.00002 However, if bullish momentum climbs, the memecoin may exchange hands above $0.00003 As an experienced analyst, I believe that Shiba Inu (SHIB) is currently facing a significant downward pressure due to various reasons. Based on my analysis of the 3-day chart, SHIB is forming a descending triangle … Read more
As a seasoned crypto investor with a keen interest in the Bitcoin market and its related investment vehicles, I find the recent news of Grayscale Bitcoin Trust (GBTC) recording net positive inflows after months of outflows quite intriguing. The shift in sentiment among investors could potentially have a significant impact on Bitcoin’s price. After a … Read more
Cardano has the highest Nakamoto co-efficient among all chains, indicating higher levels of decentralization Sentiment around ADA remained unaffected though as prices fell As a long-term crypto investor with experience in analyzing blockchain networks, I find Cardano’s high Nakamoto coefficient an impressive achievement. Decentralization is a critical aspect of any cryptocurrency project, and Cardano’s commitment … Read more
XRP’s Age Consumed rose to an all-time high on 1 May This suggested that a local price bottom had been reached on the charts As an analyst with extensive experience in cryptocurrency markets and metrics analysis, I find the recent surge in XRP‘s Age Consumed metric and subsequent price rally intriguing. The data from Santiment … Read more