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Showing posts with the label burns

Shiba Inu: AI Sets SHIB Price For August 15, 2024

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The Shiba Inu (SHIB) network has been taking a huge hit. The second largest meme coin was seen dropping the cryptocurrency ladder. SHIB has been tussling with Avalanche (AVAX) for the 12th spot. The asset is the 13th largest cryptocurrency with a market cap of $7.86 billion. AVAX is right above with its market value at $8.16 billion. At press time, SHIB was trading at $0.00001327 with a 4.16% drop over the past 24 hours. Factors Influencing Shiba Inu’s Price Movement Source Bullish Predictions for Shiba Inu The next few days will be highly bullish for the cryptocurrency. Data from Changelly reveals that SHIB is expected to rise to a high of $0.00002191 on Aug. 15. The meme coin will surge nearly 60% from its current price range to get to this level. Even though this seems far-fetched, Shiba Inu has recorded an uptick of this magnitude multiple times. As a result, it wouldn’t come as a significant shock if SHIB shoots up by this margin. Also Read: Analyst Predicts 100,000% Growth for Sh...

NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28

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While trying to wrap his CryptoPunk to borrow money, an NFT investor accidentally sent the asset to a burning address, permanently removing it from circulation. In this week’s newsletter, read about Sony filing a patent for a nonfungible token (NFT) framework for games, and how executives believe that Grand Theft Auto (GTA) and Minecraft developers may change their minds on blockchain technology. Learn how an NFT collector accidentally burned a CryptoPunk worth $135,000 while trying to borrow funds, and find out about Disney reportedly sacking its metaverse division. In other news, His Majesty’s Treasury in the United Kingdom has dropped the Royal Mint NFT project.  Sony eyes NFT transfers across multiple game platforms, reveals patent Sony has recently filed a patent for an NFT transfer framework across multiple game platforms. This new addition to Sony’s preparations to enter crypto integrates NFTs into gameplay. With this, NFTs can become skins or other in-game functions and items....