9h ago • cryptodaily
NFT Collection Cool Cats Collabs Price, Stats, and Review
What is an Cool Cats Collabs?
Cool Cats Collabs are a non-fungible tokens collection built on the Ethereum network launched in 22 July, 2021. 22 items of the Cool Cats Collabs collection can now be viewed at OpenSea.
How many owners does the Cool Cats Collabs collection have?
The total number of owners has reached 5869 within 606 days since its release.
NFT Collection Cool Cats Collabs Price and Sales
The market capitalization of Cool Cats Collabs NFT collection is 2.34 ETH. Since created the Cool Cats Collabs, 4,313 collections sales were made at an average price of 0.27 ETH (~$462.63 at the time of writing). This created a total volume in 1,149.161 ETH. The floor price of Cool Cats Collabs is 0.02 and the 30-day trading volume is kept at 2.38 ETH. The payment tokens of the Cool Cats Collabs collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the Cool Cats Collabs Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Cool Cats Collabs collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Cool Cats Collabs collection is developed and promoted by its creators and community.
Cool Cats Collabs NFT Collection Examples
-1 Cxxl Cxt
Elu's Journey
Clon’s Search
Xtremetom’s Hunt
Cool Cats Collabs fees
Buyer fee to dev: basis points
Seller fee to dev: basis points
Buyer fee to opensea.io: basis points
Seller fee to opensea.io: basis points
Buyer fee: basis points
Seller fee: basis points
Cool Cats Collabs editors list
The approved editor's accounts of Cool Cats Collabs collection are 0xd5886f211b4ca0aa4df48c4df311437534ac19bf, 0x92d79ccace3fc606845f3a66c9aed75d8e5487a9, 0xfc86a64a8de22cf25410f7601acbd8d6630da93d, 0x4265de963cdd60629d03fee2cd3285e6d5ff6015.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
9h ago • cryptodaily
NFT Collection KaijuFrenz: Genesis Price, Stats, and Review
What is an KaijuFrenz: Genesis?
KaijuFrenz: Genesis are a non-fungible tokens collection built on the Ethereum network launched in 25 March, 2022. 6,666 items of the KaijuFrenz: Genesis collection can now be viewed at OpenSea.
How many owners does the KaijuFrenz: Genesis collection have?
The total number of owners has reached 3407 within 360 days since its release.
NFT Collection KaijuFrenz: Genesis Price and Sales
The market capitalization of KaijuFrenz: Genesis NFT collection is 34.37 ETH. Since created the KaijuFrenz: Genesis, 10,458 collections sales were made at an average price of 0.11 ETH (~$189.22 at the time of writing). This created a total volume in 1,139.662 ETH. The floor price of KaijuFrenz: Genesis is 0.003 and the 30-day trading volume is kept at 0.41 ETH. The payment tokens of the KaijuFrenz: Genesis collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the KaijuFrenz: Genesis Collection Over or Underpriced?
It is difficult to determine whether NFTs from the KaijuFrenz: Genesis collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the KaijuFrenz: Genesis collection is developed and promoted by its creators and community.
KaijuFrenz: Genesis NFT Collection Examples
KaijuFrenz #0
KaijuFrenz #1
KaijuFrenz #2
KaijuFrenz #3
KaijuFrenz: Genesis fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 500 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 750 basis points
KaijuFrenz: Genesis editors list
The approved editor's accounts of KaijuFrenz: Genesis collection are 0x2cf6be63d54575de4f34246ed4cbe84bf11a9a96.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10h ago • cryptodaily
NFT Collection Derpy Birbs Price, Stats, and Review
What is an Derpy Birbs?
Derpy Birbs are a non-fungible tokens collection built on the Ethereum network launched in 13 August, 2021. 8,113 items of the Derpy Birbs collection can now be viewed at OpenSea.
How many owners does the Derpy Birbs collection have?
The total number of owners has reached 1829 within 584 days since its release.
NFT Collection Derpy Birbs Price and Sales
The market capitalization of Derpy Birbs NFT collection is 0 ETH. Since created the Derpy Birbs, 5,396 collections sales were made at an average price of 0.21 ETH (~$366.29 at the time of writing). This created a total volume in 1,138.316 ETH. The floor price of Derpy Birbs is 0.008 and the 30-day trading volume is kept at 0.06 ETH. The payment tokens of the Derpy Birbs collection are 0xBTC, ETH, DAI, WETH, USDC.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the Derpy Birbs Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Derpy Birbs collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Derpy Birbs collection is developed and promoted by its creators and community.
Derpy Birbs NFT Collection Examples
Derpy Birb #1258
Derpy Birb #6890
Derpy Birb #2769
Derpy Birb #3237
Derpy Birbs fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 250 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 500 basis points
Derpy Birbs editors list
The approved editor's accounts of Derpy Birbs collection are 0xb72e9541fe46384d6942291f7b11db6bbb7da956.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10h ago • cryptodaily
NFT Collection Wabi Sabi Collective Genesis Price, Stats, and Review
What is an Wabi Sabi Collective Genesis?
Wabi Sabi Collective Genesis are a non-fungible tokens collection built on the Ethereum network launched in 3 March, 2022. 5,677 items of the Wabi Sabi Collective Genesis collection can now be viewed at OpenSea.
How many owners does the Wabi Sabi Collective Genesis collection have?
The total number of owners has reached 1412 within 383 days since its release.
NFT Collection Wabi Sabi Collective Genesis Price and Sales
The market capitalization of Wabi Sabi Collective Genesis NFT collection is 0 ETH. Since created the Wabi Sabi Collective Genesis, 10,255 collections sales were made at an average price of 0.11 ETH (~$192.24 at the time of writing). This created a total volume in 1,135.362 ETH. The floor price of Wabi Sabi Collective Genesis is 0.007 and the 30-day trading volume is kept at 0.02 ETH. The payment tokens of the Wabi Sabi Collective Genesis collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the Wabi Sabi Collective Genesis Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Wabi Sabi Collective Genesis collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Wabi Sabi Collective Genesis collection is developed and promoted by its creators and community.
Wabi Sabi Collective Genesis NFT Collection Examples
Wabi #0
Wabi #1
Wabi #2
Wabi #3
Wabi Sabi Collective Genesis fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 650 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 900 basis points
Wabi Sabi Collective Genesis editors list
The approved editor's accounts of Wabi Sabi Collective Genesis collection are 0xc6733f3dc224bd2556b1982acfacd35578985c78.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10h ago • cryptodaily
NFT Collection PridePunks 2018 Price, Stats, and Review
What is an PridePunks 2018?
PridePunks 2018 are a non-fungible tokens collection built on the Ethereum network launched in 23 June, 2018. 9,638 items of the PridePunks 2018 collection can now be viewed at OpenSea.
How many owners does the PridePunks 2018 collection have?
The total number of owners has reached 2620 within 1731 days since its release.
NFT Collection PridePunks 2018 Price and Sales
The market capitalization of PridePunks 2018 NFT collection is 1,186.34 ETH. Since created the PridePunks 2018, 9,144 collections sales were made at an average price of 0.13 ETH (~$228.50 at the time of writing). This created a total volume in 1,203.327 ETH. The floor price of PridePunks 2018 is 0.0699 and the 30-day trading volume is kept at 53.23 ETH. The payment tokens of the PridePunks 2018 collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the PridePunks 2018 Collection Over or Underpriced?
It is difficult to determine whether NFTs from the PridePunks 2018 collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the PridePunks 2018 collection is developed and promoted by its creators and community.
PridePunks 2018 NFT Collection Examples
Pride Punks
Pride Punks
Pride Punks
Pride Punks
PridePunks 2018 fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 700 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 950 basis points
PridePunks 2018 editors list
The approved editor's accounts of PridePunks 2018 collection are 0x5bb35c9576ef6e42d4447adcb3272f0b8582e82e, 0xe8d848debb3a3e12aa815b15900c8e020b863f31, 0x67401149e3e88b10dd92821eb6302f4dee8191bc.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10h ago • cryptodaily
NFT Collection CyberBabies.io Price, Stats, and Review
What is an CyberBabies.io?
CyberBabies.io are a non-fungible tokens collection built on the Ethereum network launched in 8 September, 2021. 500 items of the CyberBabies.io collection can now be viewed at OpenSea.
How many owners does the CyberBabies.io collection have?
The total number of owners has reached 462 within 559 days since its release.
NFT Collection CyberBabies.io Price and Sales
The market capitalization of CyberBabies.io NFT collection is 4.70 ETH. Since created the CyberBabies.io, 1,508 collections sales were made at an average price of 0.75 ETH (~$1,303.24 at the time of writing). This created a total volume in 1,131.855 ETH. The floor price of CyberBabies.io is 0.0275 and the 30-day trading volume is kept at 0.13 ETH. The payment tokens of the CyberBabies.io collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the CyberBabies.io Collection Over or Underpriced?
It is difficult to determine whether NFTs from the CyberBabies.io collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the CyberBabies.io collection is developed and promoted by its creators and community.
CyberBabies.io NFT Collection Examples
CyberBaby #1
Ape CyberBaby #2
CyberBaby #3
CyberBaby #4
CyberBabies.io fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 1000 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 1250 basis points
CyberBabies.io editors list
The approved editor's accounts of CyberBabies.io collection are 0x8154ad71d7f398505598ceed3cd2f1f46b95e2b1, 0x62b5bd7f04fe783796810b2526470dfde73daa49, 0xac3c837d67b4f638c0abbf711327cfd33149cf3d.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11h ago • cryptodaily
NFT Collection GMX Blueberry Club Price, Stats, and Review
What is an GMX Blueberry Club?
GMX Blueberry Club are a non-fungible tokens collection built on the Ethereum network launched in 16 August, 2022. 10,000 items of the GMX Blueberry Club collection can now be viewed at OpenSea.
How many owners does the GMX Blueberry Club collection have?
The total number of owners has reached 3932 within 216 days since its release.
NFT Collection GMX Blueberry Club Price and Sales
The market capitalization of GMX Blueberry Club NFT collection is 3,739.66 ETH. Since created the GMX Blueberry Club, 3,770 collections sales were made at an average price of 0.33 ETH (~$576.34 at the time of writing). This created a total volume in 1,251.368 ETH. The floor price of GMX Blueberry Club is 0.33 and the 30-day trading volume is kept at 124.78 ETH. The payment tokens of the GMX Blueberry Club collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the GMX Blueberry Club Collection Over or Underpriced?
It is difficult to determine whether NFTs from the GMX Blueberry Club collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the GMX Blueberry Club collection is developed and promoted by its creators and community.
GMX Blueberry Club NFT Collection Examples
GBC #1456
GBC #4368
GBC #1725
GBC #454
GMX Blueberry Club fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 350 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 600 basis points
GMX Blueberry Club editors list
The approved editor's accounts of GMX Blueberry Club collection are 0xaa93840c66058f61814192742dbc4f3f8346c16b, 0xaa93840c66058f61814192742dbc4f3f8346c16b, 0x04d52e150e49c1bbc9ddde258060a3bf28d9fd70, 0xde2dbb7f1c893cc5e2f51cbfd2a73c8a016183a0.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
12h ago • cryptodaily
5 Alternative Meme Coins To Dogecoin (DOGE) - 2023 Watchlist
Bitcoin has swept the globe and established itself as a well-liked investment choice for many people. Due mainly to the success of Bitcoin and Ethereum, the cryptocurrency industry has recently seen a rise in popularity. Investors have, however, been interested in more than that.
Dogecoin, a cryptocurrency with meme inspiration, has gained popularity in the cryptocurrency space, and its success has led investors to search for other investment opportunities. Five alternatives to Dogecoin are examined in this article: DigiToads (TOADS), Tamadoge (TAMA), Dogelon Mars (ELON), Baby Dogecoin (BABYDOGE), and Shiba Inu (SHIB).
DigiToads (TOADS)
DigiToads, often known as TOADS, is a cryptocurrency that has recently attracted the interest of several traders and investors. It was introduced as a play-to-earn meme coin in early 2023, and its presale has shown great promise.
The unique notion of DigiToads is one of the distinguishing qualities that sets it different from other cryptocurrencies. It is intended to be a platform driven by the community and pays users for their involvement. Users may earn TOADS tokens by participating in various platform activities, including playing games, on-chain trading competitions, TOAD school, meme contests, and staking.
The presale will include $150,000 worth of giveaways, encouraging the new members to join the community and increase their reward chances.
The restricted quantity of DigiToads is another aspect that makes it a desirable investment option. Just 585 million TOADS tokens will ever be produced, with an automated burning mechanism reducing the number further. This deflationary model distinguishes TOADS from Dogecoin, whose unlimited supply has been a major factor restricting the token from rising in value.
Overall, DigiToads is an ultimate alternative for DOGE with its generous utility, real use cases, and smart tokenomics. With an already audited smart contract and doxxed team, the project is expected to reach the moon.
Visit The DigiToads Website: https://digitoads.world
Tamadoge (TAMA)
Tamadoge (TAMA) is a wildly successful meme currency with an intriguing roadmap.
Tamadoge was first introduced to the market in 2021, and with its fascinating combination of NFTs and Play-to-Earn (P2E) principles, it quickly gained attention.
The main factor contributing to TAMA's success is its innovative use case. TAMA is designed to be used in a decentralized game called Tamadoge, a play-to-earn game that allows players to earn TAMA tokens by completing various tasks and challenges. This concept has proven popular with gamers and has helped drive demand for the TAMA token.
Another main feature of TAMA is its strong community. The team behind TAMA has made a strong effort to create a welcoming and inclusive community focused on the project's long-term success. This has helped to create a loyal following of investors who believe in the project's potential.
Tamadoge's popularity has been strengthened even further due to the publication of the "Tamadoge Arcade," which currently has three games.
The Tamadoge team is also preparing for the much-anticipated augmented reality (AR) app launch with a Tamadoge theme. With the use of this software, users can observe and communicate with their Tamadoge dogs in the real world and even engage in competitive combat.
Dogelon Mars (ELON)
Dogelon Mars (ELON) is a relatively new cryptocurrency that has gained much attention recently. The name itself is a nod to Elon Musk, the famous CEO of Tesla and SpaceX, who has been known to tweet about various cryptocurrencies, including Dogecoin. Dogelon Mars is a decentralized finance (DeFi) project that operates on the Ethereum blockchain. It was created by a group of anonymous developers who were inspired by the success of other meme-based cryptocurrencies like Dogecoin.
Future Mars and beyond colonists will be able to use ELON tokens as an "intergalactic currency," according to the token's developers. However, no whitepaper or detailed roadmap has been published by the project team yet.
Official Dogelon Mars lore states that the project's most crucial plans will be unveiled upon Mars's re-colonization in 2420. The project's narrative motivates the ELON crypto community to campaign for the token's inclusion on major exchanges and to keep their heads up in the face of the market's volatility.
Developers of Dogelon Mars have also announced plans to release a new staking feature that will allow users to stake their ELON tokens in exchange for xELON. This multifunctional token is said to offer exciting new incentives for the Dogelon Mars decentralized finance (DeFi) ecosystem.
In addition to the hazy plans that Dogelon Mars has for expanding to other planets, the project has also started publishing a comic series on its website centered around Dogelon.
Baby Dogecoin (BABYDOGE)
Baby Doge is a digital token developed by the Dogecoin community. According to the website, Baby Doge tries to win over his dad with lightning-fast transactions and cuteness.
Baby Dogecoin is a hyper-deflationary token created to increase in value as time passes. However, unlike other crypto projects' burning mechanisms, in baby doge's case, every time a user makes a purchase, they receive a new coin in their wallet. Some of those coins are also added to the decentralized exchange PancakeSwap as part of a liquidity pair.
Charity organizations also benefit from redistribution. The website for baby doge coin claims that its creators have given over $750,000 to dog-related organizations like the Humane Society, the ASPCA, Paws with Cause, the North Shore Animal League, and others.
About 115.114 quadrillion baby doge in circulation from 420 quadrillions can ever be created. Despite claims that one doge baby is hyper-deflationary, the total supply is still quite large and could have dire consequences during bear markets.
The developers of Baby Doge Coin say the token is a fun meme with a serious mission to rescue dogs in need and bring crypto adoption to the mainstream with new concepts like rewards, NFTs, decentralized exchanges, and credit cards for crypto payment on our website. However, there is currently a limited practical application for the coin.
Nonetheless, support from the community continues to be high, and the deflationary mechanism provides a real solution to the problem that father Dogecoin had been facing for so long.
Shiba Inu (SHIB)
A person going by the moniker "Ryoshi" invented the Ethereum-based cryptocurrency known as Shiba Inu (SHIB) in August 2020. The Shiba Inu dog breed, which became renowned as an online joke, served as the model for the coin's name and graphic. SHIB has developed into a genuine cryptocurrency with a committed community of investors and supporters, despite its roots as a joke.
SHIB's emphasis on fostering community is one of its key characteristics. To encourage its users to interact with the platform and with one another, the project has started several projects. For instance, it developed ShibaSwap, a decentralized exchange that enables users to trade SHIB and other cryptocurrencies without depending on centralized exchanges. Shiba Gallery, a non-fungible token (NFT) marketplace developed by the project, enables artists to display and sell their creations using SHIB.
The tokenomics of SHIB is another important aspect. As there are one quadrillion tokens in the coin's total supply, there is a lot of liquidity accessible for investors. However, the project's team has also taken several steps to guard against the currency suffering undue inflation. For instance, they burnt half of the SHIB token supply, reducing the number of tokens in circulation and raising the value of each token as a result.
Despite just being recently launched, SHIB already has a sizable fanbase. The coin's market valuation has surpassed $6 billion and is listed on some significant exchanges, including Binance, KuCoin, OKX, Huobi Global, and Kraken.
Bottom Line
Dogecoin continues to be a well-liked option among cryptocurrency investors and fans, but there are a ton of other choices available for individuals looking to diversify their portfolios or discover the next big thing in the crypto industry.
All of these digital currencies—DigiToads (TOAD), Tamadoge (TAMA), Dogelon Mars (ELON), Baby DogeCoin, and Shiba Inu (SHIB)—offer distinctive characteristics and potential for growth. As cryptocurrencies are still expanding and becoming more widely used, it's impossible to predict which altcoin will have a price explosion shortly. Still, these five Dogecoin alternatives are worth keeping an eye on.
For More Information on DigiToads visit the website, join the presale or join the community
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
12h ago • cryptodaily
Cathie Wood Predicts Institutional Crypto Adoption
ARK Invest CEO and BTC supporter Cathie Wood believes that major institutions will turn to Bitcoin amidst the U.S. banking crisis.
Banking Troubles Can Help BTC
In an interview, ARK Invest CEO Cathie Wood believes that the current banking troubles nationwide will push institutions toward a more diverse portfolio, especially crypto investments. Wood has long since been a champion of BTC and has been buying up the dip throughout the 2022 bear market to strengthen the BTC coffers of her company, ARK Invest.
In the interview, she stated that the banking crisis could lead to a loss of liquidity, which would hurt traditional assets. Furthermore, she pointed out that BTC moving away from the equity markets was “quite instructive.”
Wood Talks BTC Future
The company’s ARK Big Ideas 2023 report had estimated a base case prediction for the premier crypto, claiming it would cross the $680,000 mark by 2030. Wood reiterated her faith in the premier crypto, claiming she remains confident in BTC’s ability to hit the mark in the estimated time frame. She even stated that these predictions are quite conservative and have been dialed down since last year.
She said,
“I know that corporate treasuries pulled away from Bitcoin because the regulators were pulling them away from Bitcoin on their balance sheets. So we’ve pulled back there. But we do believe that the behavior of the price through this crisis is going to attract more institutions, for example.”
The Next “Roaring Twenties”
She equated Bitcoin with certain asset classes of previous decades that were key in helping certain institutions diversify their portfolios, giving examples of real estate assets in the 70s, emerging markets in the 80s, and small-cap stocks in the 90s. Wood believes that institutional investors need to allocate between 2.5% to 6.5% of their portfolios to Bitcoin and crypto. She predicts that once the Federal Reserve pivots toward crypto, there will be a resurgence of a thriving economy similar to the “Roaring Twenties,” helped partly by innovative technologies like blockchain and cryptocurrency.
ARK Invest has recently added $20 million in Block shares and $30 million in Coinbase shares to its funds. Unfortunately, ARK suffered a double blow as an activist short seller targeted Block Inc, and SEC issued a Wells notice to Coinbase.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago • cryptodaily
NFT Collection Spiky Space Fish United Price, Stats, and Review
What is an Spiky Space Fish United?
Spiky Space Fish United are a non-fungible tokens collection built on the Ethereum network launched in 29 December, 2021. 10,000 items of the Spiky Space Fish United collection can now be viewed at OpenSea.
How many owners does the Spiky Space Fish United collection have?
The total number of owners has reached 3049 within 446 days since its release.
NFT Collection Spiky Space Fish United Price and Sales
The market capitalization of Spiky Space Fish United NFT collection is 93.75 ETH. Since created the Spiky Space Fish United, 9,097 collections sales were made at an average price of 0.12 ETH (~$215.54 at the time of writing). This created a total volume in 1,129.241 ETH. The floor price of Spiky Space Fish United is 0.0088 and the 30-day trading volume is kept at 0.61 ETH. The payment tokens of the Spiky Space Fish United collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the Spiky Space Fish United Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Spiky Space Fish United collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Spiky Space Fish United collection is developed and promoted by its creators and community.
Spiky Space Fish United NFT Collection Examples
SSFU #1
SSFU #2
SSFU #3
SSFU #4
Spiky Space Fish United fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 500 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 750 basis points
Spiky Space Fish United editors list
The approved editor's accounts of Spiky Space Fish United collection are 0x2d649607bd510a9a336187dea9405ce41a5c12fd, 0xa1feee83866d08907c683967af9270d15075d4c2.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.