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Shiba Inu Rises in Popularity: Shibarium and Shiba Eternity Launch
• Recent news has revealed Shiba Inu to be the most popular starter crypto for newly funded wallets. • The Shiba Inu ecosystem has seen multiple developments, including the launch of Shiba Eternity, a blockchain-based game. • Shibarium, the token’s L2 solution, is nearing its launch and will give the token more utility. In the past few days, the meme-based cryptocurrency Shiba Inu (SHIB) has been making headlines as it continues to climb in price. According to a recent report from Nansen, a crypto market research firm, Shiba Inu was named the most popular starter crypto for newly funded wallets. The report tracked $56 million worth of SHIB flow into…
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Cryptocurrency Gaining Traction in Oman: 65,000 Crypto Owners Now in the Country
• The Souq Analyst survey concluded that 65,000 people in Oman possess bitcoin and other forms of cryptocurrency, making up almost 2% of the country’s adult population. • The survey revealed that 98% of the adult population had heard of cryptocurrencies, showing a growing awareness. • Bitcoin was revealed to be the most popular cryptocurrency among Oman’s crypto owners, with over 55% of respondents indicating ownership. In a recent survey conducted by Souq Analyst, it was revealed that bitcoin and other forms of cryptocurrency are gaining traction in Oman, with about 65,000 people in the country now owning some form of crypto. This figure represents almost 2% of the country’s…
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Crypto and Digital Assets in 2022: Ethereum Merge & Memorable Memes
• Crypto and digital assets faced highs and lows in 2022, which included the Ethereum Merge and various memorable memes. • Ethereum shifted from a Proof-of-Work to a Proof-of-Stake consensus during the Merge. • Vitalik Buterin attracted attention for his picture with someone and his struggles with setting up a microphone. In 2022, the world of crypto and digital assets experienced the highest highs and lowest lows since its inception. As the industry continues to grow and evolve, there were many “absolutely unforgettable” moments that took place throughout the year. One of the most notable events was the Ethereum Merge, which saw Ethereum shift from a Proof-of-Work (PoW) to a…
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Altcoins Outperform Bitcoin and Ethereum in Early 2023: ALGO, OKB and UNI Lead The Way
• Algorand (ALGO) is up 10.2% over the past 7 days, and 6.2% over the past two weeks. • OKB (OKB) has seen a weekly gain of over 11%, and a monthly gain of 27.1%. • Uniswap (UNI) has surged by 35.6% over the past week, and is up 51.8% over the past two weeks. As the first week of 2023 comes to a close, the crypto market is giving some mixed signals. While Bitcoin and Ethereum, the two heavyweights of the crypto market, have been slow to gain steam, some of the lesser known digital coins have emerged as the stars of the show. These coins have outperformed their…