Floki Inu is another dog-themed meme coin that was created from another meme coin, the Shiba Inu coin. The Japanese dog breed is known as ‘Shiba Inu’ and has been the theme for other meme coins like Dogecoin and the Shiba Inu coin. Floki Inu is named after Tesla CEO Elon Musk’s pet Shiba Inu, Floki. The billionaire
Solana is a crypto computing platform that aims to achieve high transaction speeds without sacrificing decentralization. It employs a bundle of novel approaches, including the “proof of history” mechanism. Solana’s native cryptocurrency is SOL, which is used to pay transaction fees and for staking. It also gives holders the right to vote in future upgrades.
“Proof of work” [ POW ] and “proof of stake” [POS] are the two major consensus mechanisms cryptocurrencies use to verify new transactions, add them to the blockchain, and create new tokens. Definition “Proof of work” and “proof of stake” are the two major consensus mechanisms cryptocurrencies use to verify new transactions, add them to
BONK is a Solana-based (SOL) memecoin that was airdropped to the Solana community on Christmas day 2022. The crypto project’s mascot is a Shiba Inu dog, inspired by a popular memecoin called Dogecoin (DOGE). Meme coins have long been a phenomenon among crypto investors and supporters, who see their microscopic prices as an opportunity to make big returns quickly despite the lack of traditional
Fantom [FTM ] is a smart contract-enabled blockchain platform aiming to address the decentralization, security and scalability tradeoffs many blockchains face. These three elements are commonly referred to as the “blockchain trilemma,” meaning a focus on two has often required a tradeoff on the other. Fantom aims to overcome these tradeoffs and make improvements across all three with
Ethereum (ETH) is the second most popular cryptocurrency after Bitcoin. Founded by Vitalik Buterin and Gavin Wood in 2015, today Ethereum’s market capitalization represents approximately 20% of the $1.1 trillion global crypto market. There are some distinct differences between Ethereum and the original crypto. Unlike Bitcoin (BTC), Ethereum is intended to be much more than just a medium of
Discover everything about Altcoins in this comprehensive guide. Learn what Altcoins are and how they can diversify your crypto portfolio. In the world of cryptocurrencies, altcoins have emerged as a popular alternative to Bitcoin. While Bitcoin remains the most well-known cryptocurrency, altcoins offer a diverse range of digital assets with unique features and functionalities. This
The Binance Exchange is a leading cryptocurrency exchange founded in 2017. It features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 350 cryptocurrencies and virtual tokens, including bitcoin (BTC), ether (ETH), litecoin (LTC), dogecoin (DOGE), and its own coin, BNB. History of Binance Exchange Join Now Binance Win Up to $100 Binance was created in
Cardano is a blockchain platform designed to process transactions using a dedicated cryptocurrency called ADA. The Cardano platform can handle all kinds of transactions, but the real goal is to become the “Internet of Blockchains,” creating an ecosystem that allows seamless interchangeability between different blockchains. Let’s look at how Cardano (ADA) stacks up against the other major
If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill. This year has not been kind to any crypto investor’s portfolio. Fortunately, there’s one silver lining for all bag-holders with steep