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Dogwifhat Price Plummets 9% As Investors Flock To This New Meme Coin Rival With 5,392% APY

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The Dogwifhat price plunged more than 9% in the last 24 hours to trade at $2.02 as of 11:33 p.m. EST as investors dump their holdings in the meme coin . Still, over the last 30 days WIF is still up more than than 33%. The Dogwifhat Price At A Critical Level 4-hour chart for WIF/USD (Source: GeckoTerminal ) The Dogfiwhat price is trading near the key support level at $1.9456 after breaking below the technical safety net at $2.2908 in the last 48 hours. Should sellers force WIF below $1.9456 within the next 24 hours, the meme coin could stand the risk of falling to the next crutch at $1.6367. On the other hand, traders identifying WIF’s current price as a buy opportunity could bring an end to the crypto’s drop. In this alternative scenario, the Dogwifhat price might try to reclaim the $2.2908 support. A 4-hour candle close above this point could then give the meme coin the space needed to rise to the major barrier at $2.6542. Technicals Suggest The Dogwifhat Price Coul...

Ripple Labs plans to repurchase $285m stake in tender offer

Ripple Labs initiated a $285 million share buyback, valuing the company at $11.3 billion, amid regulatory uncertainties. On Jan. 10, Ripple Labs, a cryptocurrency company famous for XRP, announced a buyback of $285 million in company shares from early investors and employees, valuing the firm at $11.3 billion. The tender offer allows investors to sell up to 6% of their stake . Confirming the buyback, Ripple disclosed plans to allocate $500 million for the repurchase , covering the conversion of restricted stock units into shares and associated taxes. Ripple to buy back $285 million of its shares, valuing company at $11 bln – sources https://t.co/qK0NXKYRLt pic.twitter.com/maaeoF0TXN — Reuters (@Reuters) January 10, 2024 You might also like: Talk of spot ETF lifts XRP, whales tracking ETH, INJ, and ROE Ripple aims to conduct regular share buybacks to enhance liquidity for investors and has no immediate plans to go public in the U.S., citing regulatory unce...

Stellar buys a minority stake in MoneyGram

The Stellar Development Foundation acquires a minority stake in major remittances platform MoneyGram. The Stellar Development Foundation (SDF) — the organization behind the Lumens (XLM) blockchain — announced on Aug. 15 that it is acquiring a minority stake in major remittances platform MoneyGram. In a recent tweet, SDF CEO and Executive Director Denelle Dixon described the decision behind the investment as “an easy one” and explained that the funds come from the firm’s treasury. The decision to invest in @MoneyGram was an easy one. After years of getting to know the business and the teams, we are excited to take part in MGI’s next chapter. It’s been an awesome few years working together, and we are excited for what’s next!https://t.co/PYAKHeXRxx — Denelle Dixon (@DenelleDixon) August 15, 2023 In other words, Stellar’s Enterprise Fund, used to invest in startups and early-stage companies, was not drawn from. Dixon avoided providing any financial...