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‘Slowly But Surely’: How Ryoshi’s Social Experiment In The Form Of Shiba Inu Is Beating Doge And Others

Zabi
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‘Slowly But Surely’: How Ryoshi’s Social Experiment In The Form Of Shiba Inu Is Beating Doge And Others

Here’s how far Ryoshi’s social experiment has come.



Ryoshi’s experiment of decentralized community building in the shape of Shiba Inu has gained much success. Over 3 million people unite on “Twitter” in the form of a strong community (SHIB Army), while over 1.13 million people hold SHIB with diamond hands, as per etherscan.io data.

At the same time, now over 600 retail businesses, including major business brands like Newegg, NOWPayments, etc., accept SHIB as a payment method worldwide. More than 100 exchanges have listed Shiba Inu, including major exchanges such as Binance, Kraken, Coinbase, Crypto.com, etc.

SHIB has also stepped into real-life businesses by making deep-rooted partnerships with Welly, the first-ever SHIB-themed “Burger Joint,” and John Richmonds, a famous Italian-based clothing brand.

Furthermore, Shiba Inu (SHIB) reached a whole new level of success on Wednesday as SHIB has achieved two major milestones on the same day.

3 Million Twitter Followers:

Shiba Inu achieved a major milestone of hitting 3 million followers on Twitter, the American microblogging platform, just before the release of its major scheduled announcement on March 30th.

This milestone makes Shiba Inu the second most popular dog-themed cryptocurrency on Twitter. It is just 100 thousand followers away to surpass DOGE in terms of Twitter followers, or one can say in popularity. DOGE is currently standing at 3.1 million followers on Twitter.

“Also… Ryoshi Research…. Look how far we have gone with this little social experiment you started.”

Launch of SHIB: The Metaverse:

Soon after the Shiba Inu achieved the 3 million Twitter followers milestone, the Shiba Inu team publicly unveiled the launch of SHIB: The Metaverse, which will consist of 100,595 plots of land and four different districts.

SHIB is reportedly going to play many roles in the Metaverse. As explained in the official medium blog post, the first role is that the name “SHIB-The Metaverse” is going to cultivate a strong message that settles the project’s identity.

As per reports, Shiba Lands will have the same burn mechanics as Shiboshis, i.e., renaming the land plot will contribute to Shiba burning. However, as per the official medium blog post, this SHIB burning mechanics will be activated once events and public sales end.

ETH Whales Accumulation:

Combining all the above achievements with Whales’ interest, top Ethereum whales are consistently seen gobbling up a large portion of SHIB tokens from the past few weeks, which benefits the SHIB price.

As reported earlier, during the past 48 hours total of 669,549,145,926 (669B) of SHIB, worth 18,051,808 (18.05M), have been accumulated by four major Ethereum wallets in 5 transactions.

Shib Burning:

Besides all this, the burning of Shiba Inu has gained momentum as more and more community-led burning initiatives with unique ideas are pouring into the ecosystem to contribute toward SHIB Burn. The official partners of the Shiba Inu ecosystem, i.e., Welly and John Richmonds, are now also contributing towards SHIB Burn via NOWPayments.

Developers are also ready to add Burn Portal into its ShibaSwap v2.0. In addition, they are also reportedly going to implement the burning mechanism in their upcoming projects like Shibarium and Shibanet, except for the game for some unknown reason.

Shiba Community, along with Developers made burning mechanisms, can now burn millions or even billions of SHIB tokens per day.

As we can see 160M shib tokens were burnt in 24 hours.

 

15 Billion Dollar Marketcap

SHIB has just reclaimed $15 billion of market cap, which is just $4 billion less than that of the most popular meme cryptocurrency Dogecoin (DOGE). DOGE current market cap stands at $19,405,411,990 (19.40B).

SHIB has much more use cases in its ecosystem than DOGE, and the team continues to add to it. Keeping this fact in mind, Shiba Community might see the Ryoshi Dream turning into Reality very shortly, i.e., while trading below the 1 cent mark, SHIB will be able to kill its rival Dogecoin (DOGE).

Failed 10,000 Bitcoin (BTC) Auction Pegged at $50 in 2010, Now Worth Nearly Half a Billion Dollars  

Lele Jima
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Failed 10,000 Bitcoin (BTC) Auction Pegged at $50 in 2010, Now Worth Nearly Half a Billion Dollars  

A Twitter user illustrates the tremendous growth of BTC over the last 12 years.

It is no longer news that Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has seen its value surge tremendously since its inception in 2009. 

A Bitcoin enthusiast ‘documenting Bitcoin’ has taken to Twitter to narrate the rapid growth of Bitcoin in the last 12 years, by sharing messages from a public forum, where a Bitcoin owner tried to auction his 10,000 units of BTC in exchange for $50. 

“Twelve years ago, someone tried to sell their 10,000 bitcoin for $50. The highest bidder only offered $25 and the auction was then closed. Today, that bitcoin is now worth half a billion dollars,”

 

On March 30, 2010, the BTC owner tried to auction 10,000 units of BTC with the starting bid set at $50. The user with the username “SmokeTooMuch” noted that the auction will run for seven days, with each user expected to bid a dollar higher than the previous users’ bids. 

Of all the community members who joined the auction, the highest bid was $25, with nobody willing to risk up to $50 for the BTC, which was worth $65.50 at the time. 

Fast forward to today, Bitcoin has become increasingly popular, with retail, institutional, and corporate clients flocking to the market to own a piece of the asset class. 

What was valued at around $65 12 years ago, is now worth nearly half a billion dollars. At the time of writing this line, the 10,000 units of BTC are currently worth $471.6 million. 

Ripple’s Partner Banco Santander Launches Instant Payment for Spanish SMEs to Brazil 

Lele Jima
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Ripple’s Partner Banco Santander Launches Instant Payment for Spanish SMEs to Brazil 

Santander wants to enable Spanish SMEs and corporate clients under its payment network to make payments to Brazil.  



Ripple’s partner Banco Santander, a leading financial institution based in Spain, has launched a new payment solution that will enable real-time cross-border settlements in Brazil. 

One Trade Features

The bank noted that the innovative solution, dubbed One Trade, will enable its corporate customers and SMEs to make instant payment solutions via an online banking method to their Brazilian clients. 

Through the One Trade solution, payments will be settled in minutes using Brazilian local currency as opposed to the several days it used to take for financial settlements. 

According to Banco Santander, One Trade is an initiative developed under PagoNxt, a firm focused on bringing the bank’s innovative payments businesses. 

The payment solution, which is considered the first of its kind launched by any European bank, will be expanded from Spain to other additional markets in Europe in the coming months, Banco Santander noted in the announcement.  

António Simões, CEO Santander Spain & Regional Head of Europe, said it is imperative for its clients and SMEs to send money instantly abroad, adding that the new solution developed to facilitate cross-border settlements in Brazil is a great step forward. 

“We are proud to be the first bank in Europe to offer this service, which will soon be available in other Santander European markets, and will keep working hard to offer the best solutions in the future,” Simões added. 

Surging Payments to Brazil

Per the report, it has become important for Banco Santander to develop a payment solution that will enhance settlements in Brazil due to the surging amounts that have been transferred from Spain to the South American country. 

In 2021, nearly 5,000 Spanish businesses sent more than €4 billion to Brazil, representing a 14% increase from what was recorded the previous year.  

Bank Adoption of Ripple Technology

Recall that in 2020, Santander tapped Ripple tech to develop the One Pay FX solution, a service that offers faster and cheaper cross-border settlements to millions of retail and commercial customers. 

Meanwhile, Santander is not the only traditional financial institution that uses the blockchain company’s payment solution. 

So far, more than 200 banks, including the National Bank of Australia (NAB) and the Canadian Imperial Bank of Commerce (CIBC), have tapped Ripple’s technology for cross-border payments. 

 

Cardano Founder To Ethereum’s Vitalik Buterin On African Crypto Market : “Dude, Where Have You Been?”

Albert Brown
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Cardano Founder To Ethereum’s Vitalik Buterin On African Crypto Market : “Dude, Where Have You Been?”

Cardano Founder Thinks Ethereum’s Vitalik Buterin Is Not Updated About Happenings in the African Cryptocurrency Market.



Cardano’s Hoskinson believes Ethereum’s Buterin has not followed his significant impact on the African cryptocurrency and blockchain industry.

 

In what seemed like a subtle shade, Charles Hoskinson, the CEO and founder of Cardano, has responded to Ethereum’s Vitalik Buterin’s call to develop more useful blockchain projects that will foster the betterment of Zambia and Africa in general. 

A few days ago, Hakainde Hichilema, the President of Zambia made a tweet noting the potential of technology on citizens of the country, adding: 

“Great to see international leaders in tech sharing our vision for a modern and innovative #Zambia at the heart of the region.” 

Responding to President Hicilema’s post, Buterin responded, saying: 

“Looking forward to seeing more blockchain and crypto projects make an impact in Zambia and in Africa more generally! Lots of work to be done in scalability, easy-to-use wallets and other important areas, but many unique opportunities as well.” 

Hoskinson Seemed Unhappy with Buterin

Following Buterin’s comment, Hoskinson felt his work, and that of the entire Cardano team towards the development of Africa, had not been closely followed by the Ethereum boss. 

The Cardano boss, while quoting Buterin’s post, shared a gif, which reads “Dude, where have you been?” 

Cardano’s Progress in Africa 

In recent times, part of Cardano’s vision this year has been to focus on unifying the global financial industry, by creating a global economy, which will reduce income and wealth inequalities among nations, including Africa. 

To make this vision a reality, Hoskinson disclosed last month that the Cardano team will be launching a peer-to-peer (P2P) lending network in Africa, specifically Kenya. 

The initiative, according to a 57-minute long video published by Hoskinson on popular media sharing platform YouTube, will result in billions of dollars flowing from developed countries to Africa. 

Hoskinson, who also co-founded Ethereum, said: 

“If [we] get it done then billions of dollars of value will go from the developed world to the developing world where interest rates are higher.” 

Shib Accumulation Continue: 19th Biggest ETH Whale Bought 47B Shiba Inu As Shib Reclaimed $15 Billion Market Cap 

Zabi
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Shib Accumulation Continue: 19th Biggest ETH Whale Bought 47B Shiba Inu As Shib Reclaimed $15 Billion Market Cap 

Shiba Inu (SHIB) Reclaimed $15 Billion Market Cap as Ethereum Whales Continue to Gobble Up; Over 47.49 Billion Accumulated by a single whale Within 24 Hours.



Major Ethereum whale wallet has acquired more than $1.32 million worth of Shiba Inu (SHIB). According to an update from WhaleStats on Wednesday, the 19th most giant whale of Ethereum (ETH) has acquired 47,491,172,343 (47.49B) SHIB for ,324,053 USD (1.32M) in one transaction.

Looking deep into the whales’ wallets, we found that Shiba Inu is currently her 20th biggest holding position by dollar value. Her wallet shows that she holds a $15,590,761 (15.59M) USD value of SHIB or 560 billion SHIB tokens. Her average purchase price per token appears to be $0.0000278.

Besides this accumulation, over 622.05 billion SHIB tokens worth $16.72 million had been accumulated by three top Ethereum (ETH) whales in a total of 4 transactions on Tuesday.

An active wallet, “Gimli,” appears to be more aggressive in accumulation. She accumulated 421,370,420,624 (421.37B) SHIB worth $11.3 million in two transactions yesterday.

Yesterday Following Gimli, the 167th number whale accumulated the same number of SHIB as that of Gimli 150.0B shib, worth $4,053,000 (4.05M), and then 16th biggest whale of ETH purchased a total of 50,687,552,959 (50.68B) SHIB, worth $1,360,960 ($1.36M).

So far, within the last 48 hours, 669,549,145,926 (669B) of SHIB, worth 18,051,808 (18.05M), have been accumulated by four major Ethereum wallets in 5 transactions.

Impact on SHIB Price:

Shiba Inu (SHIB) manages to reclaim back a $15 billion market cap due to the massive accumulation of whales. The SHIB is currently trading for $0.00002778, up 2.62% over the last day. However, a 24-hour trading volume for the token seems to plunge over 12% compared to the previous day. The 24-hour volume is currently standing at $1,622,992,226 (1.622M).

Dogecoin Founder Blasts Shiba Inu Developers Over Shib Metaverse Land Offerings

Mark Brennan
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Dogecoin Founder Blasts Shiba Inu Developers Over Shib Metaverse Land Offerings

Dogecoin (DOGE) Founder Blasts Shiba Inu (SHIB) Developers Over Metaverse Land Offering.



Shibetoshi Nakamoto, the pseudonymous founder of Dogecoin (DOGE), has slammed Shiba Inu (SHIB) developer for trying to rip the token’s holders by offering its virtual reality land. 

Commenting on a recently published announcement about how Shiba Inu holders can purchase the more than 100,000 offered in the Shiberse, the Dogecoin founder said the initiative is not adding utility to the dog-themed project, instead, he thinks it is just a plot to rip the SHIBArmy of their funds. 

“How is making a random metaverse and selling fake land with Ethereum adding utility to their project? 100000 land at .2-1 ETH each => they are raising 100-300 million additional dollars beyond what they’ve already made from making shiba. I hope it’s all worth it. good luck, people,” Dogecoin creator tweeted. 

 

Yesterday, Shiba Inu developers disclosed details of its virtual reality land dubbed SHIB: The Metaverse. The team announced 100,595 plots of land, which will be unveiled in phases, with prices for the land in the introductory stage ranging from 0.2 ETH to 1 ETH. 

The pseudonymous founder of Dogecoin, who has always aired his views on different topics happening in the crypto industry, did not seem comfortable with the development, prompting him to blast the developers on his Twitter page. 

He further said:

“I mean whatever if people wanna give the devs even more money go ahead but if I was a shib holder I would be annoyed.”

He also criticized the passive income idea of Shiba Inu metaverse and said that is Shib looking to register as security with SEC:

“Land buyers will be able to generate passive income” Are they planning to do KYC and register it as a security with SECGov?”

Dogecoin v. Shiba Inu Competition 

Dogecoin, which launched as the first memecoin in 2013, has dominated the meme crypto market for more than seven years. 

The cryptocurrency also wooed Elon Musk, the owner of the American electric car company, Tesla, to support the project. 

However, Dogecoin’s dominance dropped significantly following the launch of Shiba Inu, a cryptocurrency described by its community as the ultimate “Dogecoin Killer.” 

Last year, a number of comparisons were made between the two memecoins, prompting the Shiba Inu team to launch significant projects in its efforts to tell the world that it is more than a meme coin. 

The team behind Shiba Inu has delved into several crypto niches, including non-fungible tokens (NFTs), stablecoin, media, and the metaverse. 

Wave Financial Launches $100 Million Fund to Support Cardano Decentralized Finance Ecosystem

Mark Brennan
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Wave Financial Launches $100 Million Fund to Support Cardano Decentralized Finance Ecosystem

Wave Financial Launches $100 Million Fund to Support Cardano Decentralized Finance Ecosystem.


 

Canadian-based fintech company Wave Financial, which provides financial services for SMEs, has announced the launch of a $100 million fund as part of efforts to support the growth of the Cardano decentralized finance (DeFi) ecosystem. 

According to an official announcement today, the fund dubbed the ADA Yield Fund is launched to provide financial support worth millions of dollars for new decentralized finance platforms on the Cardano ecosystem. 

The company, which received significant support from both Cardano’s IOHK and blockchain company EMURGO, said it has committed an initial $100 million toward the project. 

Speaking about the groundbreaking development, David Siemer, CEO of Wave Financial, described the fund as the first pure liquidity provisioning fund for the global DeFi ecosystem, adding: 

“Our new fund will support the new decentralized exchanges, lending protocols, and stablecoin issuers building on Cardano. Each of these decentralized applications adds to the strong foundation of the Cardano blockchain as it realizes a fully functional and diverse ecosystem.” 

Notably, the newly launched DeFi fund further confirms Wave’s mission to provide financial support for promising cryptocurrency entrepreneurs to foster better innovation in the entire industry. 

Charles Hoskinson, CEO, and founder of Cardano noted that the blockchain project alongside its community has launched and funded several DeFi projects since its smart contract functionality was enabled in late 2021. 

He added that it is important that Cardano-based dApps succeed, adding that the fund will contribute immensely to facilitating the continued growth and market acceptance of the blockchain’s DeFi ecosystem.

 

Be a Millionaire Gamer! Pacman Frog (PAC), Solana (SOL) and Gala Games (GALA)

Mark Brennan
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Be a Millionaire Gamer! Pacman Frog (PAC), Solana (SOL) and Gala Games (GALA)

Cryptocurrency is a valuable asset that should be included in every investor’s portfolio. The bull market of 2021 catapulted the industry into the spotlight, with practically every major cryptocurrency setting a new all-time high and creating a slew of millionaires.

Solana (SOL) had a 17000% gain in 2021, becoming one of the most well-known names in the industry.

Pacman Frog (PAC)

Pacman Frog (PAC) is a brand-new cryptocurrency that aims to revolutionise the way GameFi is currently used. Pacman Frog (PAC) is based on the Solana (SOL) ecosystem, which benefits from low gas prices and lightning-fast transaction fees.

Pacman Frog (PAC) will create a decentralised community by providing a variety of services that will benefit all users of the platform.

The Simple Launchpad will make it much easier for consumers to participate in potential Initial Dex Offers (IDOs) by allowing them to quickly secure whitelist places.

By delivering Initial NFT offerings, the NFT Launchpad will disrupt the current system of NFT distribution.

The game Incubator will equip aspiring game developers with the knowledge and resources they’ll need to establish a blockchain game studio, as well as promote and market their work.

The Pacman Frog (PAC) academy will be an instructional tool that will be utilised to help everyone in the crypto industry improve their abilities by teaching them about topics such as blockchain and NFTs.

Solana (SOL)

Solana (SOL) is a decentralised smart contract platform with significant advantages over other smart contract platforms such as Ethereum (ETH) when it comes to NFTs.

Solana (SOL) is the “Ethereum Killer” with the highest rating. It offers fast transaction rates and costs a fraction of the price of Ethereum (ETH).

While there is a significant likelihood that Solana (SOL) will continue to rise in price during the year, it is improbable that it would hit 17000% again. Gala Games (GALA) and Pacman Frog (PAC) are two businesses that could provide crypto investors with similar gains in the coming months.

Gala Games (GALA)

Gala games (GALA) is a prominent cryptocurrency gaming platform with the goal of developing games that you will actually want to play.

With over 16,000 ecosystem members already in place, Gala games (GALA) is expected to increase in value by at least tenfold from its present price of $0.216. Townstar is currently the sole game available on the Gala games (GALA) network. This is a farming simulator in which you may buy NFTs to utilise as in-game assets, letting you earn in the process.

Several more games are in the works and are expected to be launched in the months and years ahead. Here are a few examples: Spider Tanks, Legacy, The walking dead: Empires, Fortified, and Mirandus.

Once all of these games are out and established, the price of Gala games (GALA) is expected to skyrocket, consolidating its position as the market leader in crypto gaming.

As the Metaverse becomes more widely adopted, it is quite likely that the early platforms in the space will reap the greatest benefits. Gala games (GALA) and Pacman Frog (PAC) have the potential to be two of the most successful metaverse initiatives in the coming year, so be sure to keep an eye on them.

Find out more:

PreSale PacMan Frog

PacMan Frog Website

PacMan Frog Instagram

PacMan Frog Telegram

PacMan Frog Twitter

AdaSwap Gets Listed On Poolz and DAO Maker To Bring $ASW To A Broader Audience

Mark Brennan
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AdaSwap Gets Listed On Poolz and DAO Maker To Bring $ASW To A Broader Audience

Tel Aviv, Israel, 30th March, 2022, AdaSwap, the next-gen Cardano DEX, completes another milestone by getting listed on the Poolz and DAO Maker IDO platforms. As a result, users can look forward to joining the ASW Initial DEX Offerings across these platforms in the near future.

AdaSwap continues to fuel growth and development on the Cardano blockchain. The ecosystem’s native decentralized exchange, swap protocol, and NFT marketplace will offer Cardano and its users more decentralized finance opportunities. Moreover, AdaSwap and ADANFT aim to create a new generation of holders who benefit from various partnerships and cross-chain capabilities.

AdaSwap combines gamification elements with Cardano’s native throughput to enable fast transactions and maintain low transfer fees. Moreover, the DEX resides on an L2 solution that enables the team to offer a smooth user experience without technical constraints.

The roadmap for AdaSwap hinted at how the $ASW token would release to contributors and exchanges in Q1 2022. The team has made significant progress, as AdaSwap is now listed on both DAO Maker and Poolz.

AdaSwap CEO Lennon Qualmann comments:

“AdaSwap is thrilled to announce our upcoming IDO partners, both of these platforms have outstanding track records and add great value to projects. We are excited to see how they lead us into the next frontier and open up AdaSwap to the world.”

For Poolz, users can join the whitelist to access the $ASW IDO through staking $Poolz. Additional whitelist spots will be allocated to $Cards holders from AdaSwap. Whitelist winners will be able to acquire the token for $0.005, with 50% distributed during the Token Generation Event (TGE) and the remainder unlocking a month after.

Poolz CEO Guy Oren states:

“Cardano is a rapidly evolving third-generation blockchain that is positioned to bring many benefits to the blockchain and crypto space. We are extremely delighted to have been an early supporter of ADASwap and are optimistic about a highly successful IDO.”

The listing of AdaSwap on DAO Maker is a significant development. DAO Maker is widely considered to be one of the top platforms for IDO token sales. Moreover, the platform has a strong community of enthusiasts who can bring more attention to AdaSwap and the broader Cardano ecosystem.

DAO Maker CSO and Co-founder Hassan Sheikh adds:

“The Cardano ecosystem has tens of billions in liquid value. Its current DeFi landscape is capturing not even 1% of that. This leaves a major uncapitalized opportunity for DeFi infrastructure serving the Cardano community. ADAswap, with the launch of its AMM, is delivering to a tremendous community a critical trading avenue and a DeFi pillar that has proven to be successful time and time again.”

AdaSwap secured $2.6 million in funding earlier this year. The round was led by iAngels and attended by Shima Capital, GBV, Efficient Frontier, Pluto Digital, Coti, Banter Capital, Stardust, and Finova. Various angel investors, including Jason Varsano and Gal Gadot, also contributed to the round. The funds will be used to build out the best DEX on Cardano.

About AdaSwap

AdaSwap is an ecosystem builder aiming to create the first DEX on the Cardano network. The AdaSwap DEX will make it easy to swap cryptocurrency tokens; create, buy and sell NFTs; launch new projects and stake funds in liquidity pools to earn fees on the Cardano blockchain. Contacts, Aaron Jacob Tait, hello@adaswap.app

Milkomeda Cardano Sidechain Records $78M in Total Value Locked Across Three Dapps In Two Days

Lele Jima
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0
Milkomeda Cardano Sidechain Records $78M in Total Value Locked Across Three Dapps In Two Days

Milkomeda Cardano (ADA) Sidechain Finally Launches With Enticing Features.



After nearly a year of development, the Milkomeda team has announced the launch of Milkomeda C1, a protocol that enables Ethereum-based decentralized applications (dApps) to be launched on the Cardano blockchain. 

Widespread Adoption

Since the dApps went live on Milkomeda, Cardano enthusiasts have flocked to the protocol using the decentralized exchanges to swap supported cryptocurrencies for one another. 

Aside from swapping, the Cardano community has also committed large amounts of ADA to the available pools on the decentralized exchanges. 

At press time, over $78 million have been recorded in total value locked (TVL) across the various pools launched on Milkomeda-based dApps.  

Milkomeda C1 Features

Following the launch, the Cardano community can now adopt some of the most audited smart contracts in the crypto space, especially those running on Ethereum, at a relatively low cost. 

Using the Milkomeda C1 protocol has been made easy for everyone, including people with little to no programming knowledge. 

According to the Milkomeda team, people can start using the protocol in two simple steps: creating an EVM-compatible wallet like MetaMask and moving their Cardano assets to the Milkomeda protocol. 

Once the necessary setup has been made, the user can start accessing all EVM-compatible decentralized applications launched on Milkomeda such as MilkySwap, OccamX, Nomad, MultiChain, Celer, and MesliSwap. 

Milkomeda hinted that more dApps, including decentralized APIs networkAPI3, cross-chain communication platform Connext, and community-driven AMM digital exchange protocol Blueshift, will be launched on the network in the near future. 

 

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