Polygon’s Q1 2024: Activity, demand skyrocket, yet revenue dips

Polygon’s revenue fell in Q1. This occurred despite the growth in its network usage during that period.  As a researcher with extensive experience in blockchain and cryptocurrency analysis, I find the data presented in Messari’s report on Polygon’s Q1 performance intriguing. The decline in revenue despite increased network activity is a phenomenon that warrants further … Read more

$4.7B in Bitcoin, Ethereum options set to expire! Predictions to go awry?

$4.7 billion in BTC and ETH options are set to expire, potentially influencing market volatility. Technical analysis on the chart shows us possible price movements for Bitcoin and Ethereum following the options expiry As a researcher with extensive experience in the cryptocurrency markets, I find today’s event particularly intriguing. With over $4.7 billion in Bitcoin … Read more

Is Solana the best bargain this summer? Analysts weigh in

Analysts claimed that SOL’s current value was cheap. There was not enough price momentum to the upside yet.  As a researcher with experience in analyzing cryptocurrency markets, I find the current situation of Solana (SOL) intriguing. Based on the available data, it appears that some analysts view SOL as undervalued and a good buy for … Read more

Shiba Inu’s burn rate explodes: Is a SHIB rally brewing?

SHIB’s burn rate has increased by 347%, significantly reducing its market supply. Technical analysis suggests a potential bullish trend for SHIB following a pattern breakout. As a seasoned crypto investor with a keen interest in memecoins, I’ve witnessed the rollercoaster ride that is Shiba Inu [SHIB]. The recent developments surrounding this vibrant and volatile cryptocurrency … Read more

Top NFT Airdrops and Giveaways for June 2024

This text appears to be promoting various upcoming NFT (Non-Fungible Token) projects and their corresponding airdrops or giveaways. An NFT is a unique digital asset stored on a blockchain, which represents ownership or proof of authenticity for items such as art, collectibles, and in-game items. Airdrops are events where projects distribute free NFTs to promote … Read more