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Showing posts with the label -time

FLOKI explodes to new all-time high; sets trend for KangaMoon

Floki price spiked more than 25% to hit a new all-time high. KangaMoon is a new memecoin project combining GameFi and SocialFi. Currently available in presale, via a bonus round, the native token KANG is priced at $0.025. It’s been a fantastic 24 hours for Floki Inu (FLOKI), the memecoin whose growth in the crypto space continues to push it towards the top rankings. As the altcoin rallies, notable attention is also on new crypto project KangaMoon (KANG).  Can this new play-to-earn (P2E) platform’s native token price mirror or even surpass Floki’s? FLOKI price outlook Floki, like most of the previous bull cycle memecoin outperformers, has lagged recently launched tokens – mainly PolitiFi and celebrity inspired releases. However, with industry heavyweights like Ethereum founder Vitalik Buterin expressing concern about the impact of worthless memecoins to crypto, attention remains largely on the likes of Dogecoin, Shiba Inu, Pepe...

Retail Investors holding Bitcoin supply hit an all-time high

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Over the past year, Bitcoin [BTC], the world’s largest crypto has seen immense volatility. The bears were constantly pushing the asset down and the whole FTX debacle drove the price of BTC to a low of $15,599. Amidst this, a plethora of addresses was pocketing BTC at discounted prices. This group was mostly those who entailed less than 10 BTC or as Glassnode defines them “retail investors”. The co-founder of Reflexivity Research Will Clemente pointed out that the percentage of Bitcoin supply held by retail investors had surged by 17 percent this year. Source Elaborating on the same, Clemente tweeted, “Not perfect yet, but solid for a 12-year-old asset and definitely trending in the right direction. Bitcoin’s supply disperses over time, while Fiat’s holder base concentrates to whales over time.” It should be noted that addresses that currently hold 0-10 BTC were worth $169,000. These addresses account for 17.3 percent of the total su...