Shiba Inu (SHIB) ecosystem marketing lead Lucie recently shared an exciting update on X about the future of the SHIB Metaverse.
She emphasized the potential integration of fully homomorphic encryption (FHE) privacy layers, a groundbreaking technology that could transform user interactions in the virtual world.
Lucie proposed that the SHIB Army consider adopting FHE privacy layers in its operating system.
She explained that FHE technology, specifically Zama in their case, allows encrypted data to be analyzed directly without exposing private information to the analyzing party.
Lucie noted that this technology could be implemented in the SHIB Metaverse to keep user interactions private and secure by embedding FHE within the virtual environment.
While public interaction will still be an option, the addition of FHE technology will enable users who prefer private engagements to do so without sacrificing data security.
This dual approach aims to improve the overall user experience, catering to various preferences within the community.
Reflecting on previous excitement about the Shiba Inu Metaverse, Lucie’s tweet also recalled her anticipation in March when she hinted at significant plans, including the introduction of a new token, TREAT.
TREAT is designed to play a crucial role in the ecosystem, providing rewards within the SHIB Metaverse.
The development and integration of TREAT are expected to bring considerable benefits to the Metaverse, fostering engagement and incentivizing participation.
As the Shiba Inu Metaverse continues to evolve, these technological advancements and strategic developments highlight Shiba Inu’s commitment to creating a secure, rewarding, and inclusive virtual environment for its community.
The incorporation of FHE technology, developed by Zama, into the SHIB Metaverse could also set a new standard for other virtual worlds and ecosystems.
As privacy concerns grow in the digital age, the project’s proactive approach to data security and user privacy could position it as a leader in the space.
The Shiba Inu community, known for its enthusiastic and supportive nature, is likely to embrace these advancements wholeheartedly.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Dog Wif M16 (DOGM16), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Dog Wif M16 can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Dog Wif M16 could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Dog Wif M16 launched with over $4,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Dog Wif M16 on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Dog Wif M16 by entering its contract address – 5C2LDJCVSLDL9w26763gMhgYNTB6g1TdHMN9boMqp5tB – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DOGM16.
Bitcoin hovered around $69,000 on June 8 as traders recovered from a sudden sell-off.
Data from Cointelegraph Markets Pro and TradingView indicated that Bitcoin’s price began to stabilize over the weekend.
The largest cryptocurrency had faced abrupt volatility due to what was described as “schizophrenic” U.S. employment data during the prior Wall Street opening.
The market situation was further exacerbated by a significant drop in altcoins, triggered by a livestream from pseudonymous investor Roaring Kitty.
On Bitstamp, BTC/USD hit local lows of $68,450, while the largest altcoin, Ether (ETH), briefly dipped below $3,600.
Reflecting on the past 24 hours, trading firm QCP Capital labeled the U.S. session as “doubly strange.”
They stated, “It was confusing enough to trigger a risk-off ahead of US inflation numbers and FOMC next Wed.” This was part of their latest update to Telegram channel subscribers.
QCP highlighted next week’s macroeconomic data releases, which include the Consumer Price Index (CPI) and the Federal Reserve meeting on interest rate policy.
“Followed by a Roaring Kitty live stream which had almost a million viewers, during which GME stock price crashed,” they continued.
“It was probably not a coincidence that Alts and Memecoins started collapsing as well, with over $40 billion wiped in market cap.”
Despite the turmoil, QCP saw the local lows of BTC and ETH as “a good opportunity to buy the dip,” predicting that future Federal Reserve actions could benefit risk assets.
Focusing on key levels, crypto market analysts identified the monthly open around $67,500 as a crucial support level if the weakness persisted.
“Lots of coins are at do-or-die levels IMO, these are the types of trades I like,” popular trader Crypto Chase shared on X.
He added, “If we lose all these levels, we lose the current HTF bullish bias to a degree IMO. BTC holding 64-65K would be the last hope before destruction.”
A potential positive aspect emerged with a leverage flush across Bitcoin and Ether.
“Bitcoin lost approximately $1.3B in Open Interest on this flush. $ETH also lost about $800M, totaling well over $2B for just BTC & ETH combined,” noted trader Daan Crypto Trades.
Previously, Cointelegraph reported on global liquidity trends already supporting a BTC price breakout to all-time highs.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Harambe on Solana could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Harambe on Solana (HARAMSOL), a new Solana memecoin that was launched today, is poised to explode over 16,000% in price in the coming days.
This is because HARAMSOL has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Harambe on Solana can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Harambe on Solana could become the next viral memecoin.
Harambe on Solana launched with over $4,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Harambe on Solana on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Harambe on Solana by entering its contract address – GTBbj8JgVFLmL7PteCThkBLoxUzzBJBH9xfq8BNJhUTN – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like HARAMSOL.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Free Andrew Tate (3TATE) presents a similar opportunity for a limited time.
Free Andrew Tate (3TATE), a newly launched Solana memecoin, is poised to explode over 17,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
3TATE will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Free Andrew Tate.
Currently, Free Andrew Tate can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy 3TATE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Free Andrew Tate by entering its contract address – ADyL5Ltd4P7ix6xeSoCztXYRkBy4YyCkKr3h6rRCm4Bm – in the receiving field.
3TATE currently has a market cap of just under $10,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Digital asset investment products had a strong start in June, with nearly all providers experiencing inflows and an overall inflow of $2 billion.
On June 10, CoinShares published its weekly fund flows report, highlighting that crypto investment products gathered over $2 billion in inflows.
This brought digital asset products’ five-week total to $4.3 billion.
Additionally, trading volumes for exchange-traded products (ETPs) soared to $12.8 billion for the first week of June, marking a 55% increase compared to the previous week.
CoinShares noted that almost all providers of crypto ETPs saw inflows in the first week of June, describing this pattern as unusual and suggesting it might be a response to weaker macroeconomic data.
CoinShares wrote, “We believe this turnaround in sentiment is a direct response to weaker than expected macro data in the U.S., bringing forward monetary policy rate cut expectations.”
They also mentioned that positive price action pushed the total assets under management (AUM) to exceed $100 billion for the first time since March 2024.
Among the digital asset investment product providers, only Grayscale Investments and CoinShares XBT recorded outflows for the week.
For those with inflows, the iShares exchange-traded fund (ETF) in the United States recorded the highest inflows with $948 million, followed by Fidelity ETFs with $680 million.
Bitcoin continued to lead the ETF space, with $1.97 billion in inflows for the week. Ether-based products also saw significant inflows, totaling $69 million, their best record since March.
CoinShares attributes this to the recent approval of spot Ether ETFs, noting, “This is likely a response to the recent approval of spot Ether ETFs.”
On May 23, the Securities and Exchange Commission officially approved several spot ETH ETFs in the United States.
Altcoin-based ETPs had minor activity, with Fantom and XRP showing inflows of $1.4 million and $1.2 million, respectively.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Dog Wif M16 (DOGM16), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Dog Wif M16 can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Dog Wif M16 could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Dog Wif M16 launched with over $4,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Dog Wif M16 on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Dog Wif M16 by entering its contract address – 5C2LDJCVSLDL9w26763gMhgYNTB6g1TdHMN9boMqp5tB – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DOGM16.
Starting today, June 10, 2024, the Solana Foundation has removed an undisclosed number of validators from its pool for participating in sandwich attacks against other on-chain SOL accounts.
According to Mert Mumtaz, co-founder of Helius, these violators will no longer receive subsidies from the Solana Foundation.
Mumtaz explained on X that the detection of malicious validators was made possible through specific modifications.
Solana’s architecture does not allow MEV (maximum extracted value) practices natively since its clients do not access mempools.
Removing these validators from the Solana Foundation’s support pool does not mean their termination or additional penalties.
Instead, the foundation is merely withdrawing financial backing to prevent retail users from being exploited.
Mumtaz emphasized that the Solana Foundation only accounts for 16% of the validator pool in its consensus mechanism.
Despite these measures, Mumtaz pointed out that the impact of this action is limited.
READ MORE: Bitcoin’s Rebound Could Trigger $1 Billion Short Position Liquidation Amid Market Uncertainty
Validators can still operate independently, leading to potential MEV attacks. MEV, which stands for “maximum extracted value” or “miners extracted value,” involves taking advantage of on-chain traders by sniping mempools.
Mumtaz admitted that Solana still faces many other forms of MEV, indicating that while the foundation’s decision is a step forward, it does not entirely eliminate the risk.
MEV snipers are known to spend substantial amounts on gas, as previously reported by U.Today.
In the last 24 hours, Solana’s core cryptocurrency, SOL, experienced a 0.8% decline, currently trading at $158.65 on spot crypto exchanges.
This move by the Solana Foundation underscores its commitment to protecting retail users and maintaining the integrity of the network.
However, it also highlights the challenges of completely eradicating MEV practices in a permissionless network where validators have considerable freedom.
In summary, while the Solana Foundation has taken significant steps to penalize malicious validators, the broader issue of MEV attacks remains a complex challenge within the Solana ecosystem.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Harambe on Solana could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Harambe on Solana (HARAMSOL), a new Solana memecoin that was launched today, is poised to explode over 16,000% in price in the coming days.
This is because HARAMSOL has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Harambe on Solana can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Harambe on Solana could become the next viral memecoin.
Harambe on Solana launched with over $4,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Harambe on Solana on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Harambe on Solana by entering its contract address – GTBbj8JgVFLmL7PteCThkBLoxUzzBJBH9xfq8BNJhUTN – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like HARAMSOL.
Poker Cat could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Poker Cat (POKCAT), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because POKCAT has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Poker Cat can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Poker Cat could become the next viral memecoin.
Poker Cat launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Poker Cat on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Poker Cat by entering its contract address – 7gHh3juBtGoJsAa9Kd5QrunixkM9jGjqmavEndK2Me3k – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like POKCAT.