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🚀 Mona Coin (MONA/WETH) Daily Analysis - August 22nd 2024:
👉 Overview:
🔸 Mona Coin (MONA) is another micro-cap cryptocurrency that has recently gained some attention, as indicated by its price surge.
👉 Key Metrics:
🔸 Market Capitalization: $67.96K, classifying MONA as a micro-cap token. This level of market cap indicates that the token is still in its early stages and could be subject to high volatility.
🔸 Liquidity: $19.30K, which is on the lower side, suggesting that large trades might have a significant impact on the token’s price.
🔸 Circulating Supply: 420.69B tokens, indicating a large supply.
🔸 Holders: 206, suggesting a relatively small but potentially growing community.
🔸 24-Hour Trading Volume: $240.48K, which is a healthy volume relative to its market cap, indicating active trading and interest in the token.
🔸 Current Price: $0.061615, reflecting a substantial recent increase in value.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚨 Vitalik Buterin Calls for End of Anonymous Society in Crypto
Vitalik Buterin stirs up controversy as he calls for an end to the "anonymous society" in crypto, saying it leads to centralization.
He proposes a new identity model to boost DAO stability while protecting privacy.
2. Ethereumdog (ETHDOG/WETH) 🚀
🔹 24h Price Change: +5,673%
🔹 Current Price: $0.0001549
🔹 Consistent Growth: Ethereumdog has seen a 5,673% increase, reflecting growing interest in this meme coin.
🔹 Market Buzz: The substantial price jump may be influenced by its niche appeal within the meme coin community or recent promotional efforts.
🔹 Strategic Insight: Monitoring social media trends or community engagement could provide insight into the factors driving this growth.
🔹 Trade Wisely: While the price point is low, the significant percentage increase warrants careful consideration of potential risks and rewards.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📉 Spot Ether ETFs Record Longest Outflow Streak Since Inception
Spot Ether ETFs in the United States have experienced their longest streak of outflows since their inception on July 23.
❌ WazirX Cancels Open Orders to Resolve Indian Rupee and Crypto Balance Issues
WazirX has canceled all outstanding open orders on its platform to address issues regarding Indian rupee and cryptocurrency balances.
⚡️ Crypto Industry's Election Spending Reaches Record $119M for 2024
Crypto companies have contributed nearly half of all direct corporate spending in the current federal election cycle.
📈 Tron's SunPump Meme Coin Launchpad Outperforms Solana's Pump.fun
Tron’s SunPump has captured the attention of degen traders, overshadowing the once-dominant Solana-based platform, Pump.fun.
Former FTX Exec Ryan Salame Makes Request to Withdraw Guilty Plea
Former FTX executive and co-CEO of FTX Markets Ryan Salame has asked U.S. authorities to void his guilt plea after agreements were not met.
Kamala Harris Aide Confirms Crypto Support - But Will Her Policy Differ from Biden's?
Vice President Kamala Harris will support initiatives aimed at expanding the crypto sector, marking one of the first clear signals of her endorsement for the industry's growth
🎉 MtGox Repayments Continue: 19,000 Creditors Receive Bitcoin and BCH
MtGox continues its rehabilitation process by repaying over 19,000 creditors with Bitcoin and Bitcoin Cash.
Compute Labs Teams with Plume to Boost AI Compute in DeFi
Compute Labs and Plume have joined forces to transform the DeFi landscape by integrating tokenized AI compute assets.
🇫🇮Finnish Broker Coinmotion Expands Crypto Offerings with Bitpanda Partnership
Coinmotion leverages Bitpanda's technology to become the Nordic leader in crypto offerings, solidifying its dominance across Scandinavia.
📊📈 Bitcoin Falls Below $60K Again, Open Interest Hits $365M Amid Market Speculation
Bitcoin (BTC), the world’s leading cryptocurrency, dipped below the $60,000 mark after a brief rally, hitting an intra-day low of $58,730.
🇺🇸 Crypto PAC-Supported Candidate Wins Nomination in Arizona Congressional Race
Crypto PAC-backed Democratic congressional candidate in Arizona, Yassamin Ansari, has narrowly won her opponent by 39 votes in the primary election.
💰 Core Scientific Repays $267M in Debt, Strengthens with $172.8M Cash Infusion
Bitcoin mining giant, Core Scientific has repaid $267M in debt, slashing interest rates to 3%, and scored a $172.8M cash infusion!
🚩 11 Hong Kong Crypto Exchange Applicants Face Uncertainty After Inspections
11 Hong Kong cryptocurrency exchanges, which initially received provisional approvals, are now under increased regulatory scrutiny.
3. Flooring Lab Credit (FLC/WETH) 🚀
🔹 24h Price Change: +3,647%
🔹 Current Price: $0.003786
🔹 Gradual Rise: Flooring Lab Credit has gained 3,647% in the last 24 hours, indicating steady market traction.
🔹 Market Buzz: The increase might be due to growing interest in niche utility tokens or recent developments within its ecosystem.
🔹 Strategic Insight: Investigating recent announcements or partnerships related to Flooring Lab Credit could shed light on this upward trend.
🔹 Trade Wisely: With a solid rise, consider the potential for sustained growth, but remain cautious of any sudden market shifts.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Furry (FURRY/WETH) 🚀
🔹 24h Price Change: +5,734%
🔹 Current Price: $0.0125227
🔹 Significant Surge: Furry has experienced a remarkable 5,734% increase over the last 24 hours, marking it as a standout performer.
🔹 Market Buzz: This rapid rise suggests heightened market interest, possibly due to recent community-driven events or speculative trading.
🔹 Strategic Insight: To understand the reasons behind this surge, consider examining any recent developments, news, or shifts in market sentiment related to Furry.
🔹 Trade Wisely: Given the significant volatility, it's crucial to approach trading with caution, staying alert to potential market corrections.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💰 DBS Bank to Use Blockchain for Government Grant Payouts in Singapore
DBS Bank has launched a pilot project to use blockchain technology for government grant disbursements in Singapore.
📊 Cryptocurrency price check 📊
🔹 BTC: $60,903 + 2.04%
🔹 ETH: $2,632 + 1.31%
🔹 BNB: $574 + 2.33%
🔹 XRP: $0.60 + 0.61%
🔹 ADA: $0.36 + 2.28%
Bitcoin Metrics Signal Weak Demand Dynamics, Growth Slows: CryptoQuant
Bitcoin demand has slowed since early April and dipped into negative territory this month, according to CryptoQuant.
Binance Set to Recruit 1,000 New Hires, Majority for Compliance Roles
Crypto exchange Binance reportedly plans to hire 1,000 new employees in 2024, focusing primarily on compliance positions.
McDonald's Instagram Compromised to Promote Solana-Based Memecoin ‘Grimace’
Scammers took control of McDonald’s social media account, promoting “GRIMACE” token, a Solana-based memecoin.
Jimmy Butler, BitBoy Crypto Agree to Pay $340,000 in Binance Investor Case
Jimmy Butler and YouTube influencer Ben Armstrong have agreed to a $340,000 settlement to resolve claims from Binance investors.
A16z Backs PIP Labs with $80M Investment, Valuing at $2.25B
PIP Labs, developer of Story Protocol, raises $80 million led by a16z to advance its platform for protecting intellectual property.
⚖️ Terraform Labs Bankruptcy Hearing Set for September 19
🚨 Terraform Labs is facing a pivotal bankruptcy hearing on September 19, 2024.
Will they restructure and rise again, or face liquidation? 📉🔍
Bitfarms Acquires Rival Stronghold Digital in $175M Stock and Debt Deal
@Bitfarms_io announced an agreement to acquire Stronghold Digital Mining, enhancing its mining operations and gaining access to the PJM grid, the largest electricity market in the U.S.
🔗 SafePal Wallet Launches New Staking Dapp SFPlus
The SFPlus is “designed to strengthen utility and highlight the maturity of SFP as the first IEO project on Binance launchpad in 2018,” the co-founder said.
🇺🇸 Trump 'May Be Unable to Keep Crypto Promises'
A crypto expert is warning that some of Donald Trump's campaign pledges may be too good to be true.
⚠️ Crypto Whale Loses $55.4 Million in Dai Stablecoins to Phishing Attack
A crypto whale has lost approximately $55.4 million worth of Dai stablecoins in a sophisticated phishing attack.