Day: July 3, 2024

GameStop Tribute Coin’s Rollercoaster Ride in the Crypto Market

The GameStop (GME) tribute coin on the Solana blockchain has experienced a tumultuous journey since its inception, far outlasting many other meme coins which often fade quickly after their initial surge. However, with declining interest in GameStop stock, the unofficial GME token has seen a significant downturn, losing nearly 79% of its value since peaking […]

Polkadot’s Spending Spree Sparks Controversy

Polkadot’s recent financial decisions have ignited a debate among stakeholders concerned about the rapid depletion of funds. However, a deeper controversy is brewing within the Polkadot community regarding alleged discriminatory practices in the allocation of these resources. Victor Ji, co-founder of Manta Network, has labeled the Polkadot ecosystem as “highly toxic,” specifically criticizing the disparity […]

Crypto Ventures Eye Resurgence Despite Market Volatility

In their latest analysis, Galaxy Digital highlights a growing optimism among venture capital investors towards the cryptocurrency sector this year, forecasting a potential resurgence in the coming months. This outlook persists despite a notable disconnection between Bitcoin’s price movements and the capital invested in crypto startups throughout Q2 2024. Galaxy’s report, which drew on data […]