Tag: market report

Further Reading

Thumzup Eyes Dogecoin, XRP as Potential Treasury Assets After $6.5M Raise

Thumzup Eyes Dogecoin, XRP as Potential Treasury Assets After $6.5M Raise

Thumzup, a social media marketing technology company headquartered in Los Angeles, is doing just that. They are looking to diversify their corporate treasury by adding several digital assets. The firm recently closed a $6.5 million round of equity capital. Now, it has the board’s consent to investigate the costs and...

Snoop Dogg's NFT Drop on TON Blockchain Generates $12 Million in 30 Minutes

Snoop Dogg's NFT Drop on TON Blockchain Generates $12 Million in 30 Minutes

Snoop Dogg’s latest NFT sale on community driven TON blockchain caught quite the attention. Within 30 minutes, over 996k NFTs of the collection were sold-out! The drop, modeled after Snoop Dogg’s infamous chronic style, generated $12 million in revenue. This successful drop, made possible through Telegram’s new technology stack shows...

Pudgy Penguins (PENGU) Soars Amidst Market Speculation and Optimistic Forecasts

Pudgy Penguins (PENGU) Soars Amidst Market Speculation and Optimistic Forecasts

Pudgy Penguins (PENGU), a cryptocurrency associated with the popular NFT collection, has recently garnered significant attention in the digital asset market. As of today, PENGU trades for about $0.0154. It has a notable market cap of $968,369,664 and a vigorous 24h trading volume of $241,212,238. At the time of writing,...

Floki Inu's Valhalla Mainnet Launch Boosts Market Presence

Floki Inu's Valhalla Mainnet Launch Boosts Market Presence

Floki Inu has formally deployed the mainnet for its long-awaited Valhalla NFT metaverse game. This is a big moment for the cryptocurrency, which first became widely known in 2021 as a meme coin. This launch is a huge milestone in Floki’s evolution. It combines decentralized finance (DeFi), non-fungible tokens (NFTs)...

The Open Platform Achieves Unicorn Status in Telegram Crypto Ecosystem After Series A

The Open Platform Achieves Unicorn Status in Telegram Crypto Ecosystem After Series A

The Open Platform (TOP) recently completed its Series A funding round. They raised a staggering $28.5 million in order to continue developing Telegram-based protocols and applications on The Open Network (TON). This latest investment gives The Open Platform a valuation of $1 billion. It does so with such aplomb that...

PENGU Token Skyrockets Amid NFT Surge and Whale Accumulation

PENGU Token Skyrockets Amid NFT Surge and Whale Accumulation

PENGU Token, a Solana-based meme coin associated with the Pudgy Penguins project, has experienced a remarkable surge in value, climbing 47% in the past week. This tsunami of outward optimism propelled it to an impressive $300 million increase in its market cap. It indicates a growing enthusiasm and faith in...

PENGU Memecoin Eyes $0.02 Breakout, Mirroring PEPE's Trajectory

PENGU Memecoin Eyes $0.02 Breakout, Mirroring PEPE's Trajectory

PENGU, a Solana-based memecoin, has been creating quite a buzz in the cryptocurrency market, showing impressive early results and promising potential for astronomical growth. The token has successfully broken above May's $0.0175 resistance level and is currently trading at $0.01473, maintaining a 3% gain after climbing from recent lows. Market...

NFT Values Diverge as Select Collections Buck Market Downtrend

NFT Values Diverge as Select Collections Buck Market Downtrend

The non-fungible token (NFT) market is currently experiencing an NFT bull run, a divergence in value, with some collections going against the trend. Even blue-chip NFTs such as CryptoPunks and Bored Ape Yacht Club (BAYC) have seen their values plummet. Collections such as Proof Collective and Moonbirds Mythics are trending...