sazalo
I trade and write articles on ETH & Solana alt coins. ETH to 10K
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The Rollercoaster Ride of Meme Coins.
Key Meme Coins and Their Performance This Week
1. Dogecoin (DOGE)
Dogecoin, the original meme coin, saw a resurgence this week. After a period of relative stagnation, DOGE's price spiked by nearly 15% following a tweet from Elon Musk, who reiterated his support for the coin. This demonstrates the continued influence of social media on DOGE's market performance.
Price Movement: Up 15%Current Price: $0.065Market Cap: $8.5 billion
2. Shiba Inu (SHIB)
Shiba Inu, often touted as the "Dogecoin killer," had a mixed week. Initially, SHIB's price dipped as part of a broader market correction. However, a mid-week announcement of a new partnership with a major tech company led to a 20% surge in its price.
Price Movement: Down 10%, then up 20%Current Price: $0.000008Market Cap: $4.4 billion
3. PepeCoin (PEPE)
PepeCoin, a newer entrant to the meme coin market, experienced unprecedented growth. The coin's price doubled within 48 hours, fueled by a viral TikTok trend and a growing community on Reddit. This rapid rise, however, has also led to concerns about its long-term viability and potential for a sharp correction.
Price Movement: Up 100%Current Price: $0.000002Market Cap: $800 million
4. Floki Inu (FLOKI)
Floki Inu, inspired by Elon Musk's Shiba Inu dog, also had a noteworthy week. The coin's price increased by 25% following the release of a new marketing campaign that included billboards in major cities worldwide. The campaign has attracted new investors and heightened media coverage.
Price Movement: Up 25%Current Price: $0.00015Market Cap: $2.2 billion
Factors Driving Meme Coin Performance
Social Media Influence
As evidenced by the performances of Dogecoin and PepeCoin, social media remains a pivotal driver of meme coin prices. Influencers, celebrities, and viral trends can lead to significant price movements within short periods. Elon Musk's tweets continue to be a powerful catalyst for Dogecoin, while platforms like TikTok and Reddit play crucial roles in the rise of newer coins like PepeCoin.
$PEPE $SHIB $DOGE
1. Dogecoin (DOGE)
Dogecoin, the original meme coin, saw a resurgence this week. After a period of relative stagnation, DOGE's price spiked by nearly 15% following a tweet from Elon Musk, who reiterated his support for the coin. This demonstrates the continued influence of social media on DOGE's market performance.
Price Movement: Up 15%Current Price: $0.065Market Cap: $8.5 billion
2. Shiba Inu (SHIB)
Shiba Inu, often touted as the "Dogecoin killer," had a mixed week. Initially, SHIB's price dipped as part of a broader market correction. However, a mid-week announcement of a new partnership with a major tech company led to a 20% surge in its price.
Price Movement: Down 10%, then up 20%Current Price: $0.000008Market Cap: $4.4 billion
3. PepeCoin (PEPE)
PepeCoin, a newer entrant to the meme coin market, experienced unprecedented growth. The coin's price doubled within 48 hours, fueled by a viral TikTok trend and a growing community on Reddit. This rapid rise, however, has also led to concerns about its long-term viability and potential for a sharp correction.
Price Movement: Up 100%Current Price: $0.000002Market Cap: $800 million
4. Floki Inu (FLOKI)
Floki Inu, inspired by Elon Musk's Shiba Inu dog, also had a noteworthy week. The coin's price increased by 25% following the release of a new marketing campaign that included billboards in major cities worldwide. The campaign has attracted new investors and heightened media coverage.
Price Movement: Up 25%Current Price: $0.00015Market Cap: $2.2 billion
Factors Driving Meme Coin Performance
Social Media Influence
As evidenced by the performances of Dogecoin and PepeCoin, social media remains a pivotal driver of meme coin prices. Influencers, celebrities, and viral trends can lead to significant price movements within short periods. Elon Musk's tweets continue to be a powerful catalyst for Dogecoin, while platforms like TikTok and Reddit play crucial roles in the rise of newer coins like PepeCoin.
$PEPE $SHIB $DOGE
Donald Trump-Inspired Meme Coins Skyrocket Over 500,000% Following Pro-Crypto Moves.
In Brief
MAGA, a Trump-inspired meme coin, spiked over 500,000% in the last 24 hours.
A crypto trader reportedly made $2.7 million trading MAGA in just three days.
Trump’s political actions and crypto support influenced the market significantly.
MAGA (MAGA), a meme coin inspired by Trump’s campaign slogan “Make America Great Again,” increased by approximately 162% in the last 24 hours. DEX Screener data reveals it is now trading at $0.0006501.
The on-chain tracker platform Lookonchain reported that a crypto trader made $2.7 million in just three days by trading MAGA. They achieved a return on investment (ROI) of 505%.
The trader initially spent $537,500 to buy 6 billion MAGA on May 24 and 25, then sold 1.5 billion MAGA for 744,000 USDT to take profits. Currently, the trader holds 4.5 billion MAGA, valued at $2.51 million.
In Brief
MAGA, a Trump-inspired meme coin, spiked over 500,000% in the last 24 hours.
A crypto trader reportedly made $2.7 million trading MAGA in just three days.
Trump’s political actions and crypto support influenced the market significantly.
MAGA (MAGA), a meme coin inspired by Trump’s campaign slogan “Make America Great Again,” increased by approximately 162% in the last 24 hours. DEX Screener data reveals it is now trading at $0.0006501.
The on-chain tracker platform Lookonchain reported that a crypto trader made $2.7 million in just three days by trading MAGA. They achieved a return on investment (ROI) of 505%.
The trader initially spent $537,500 to buy 6 billion MAGA on May 24 and 25, then sold 1.5 billion MAGA for 744,000 USDT to take profits. Currently, the trader holds 4.5 billion MAGA, valued at $2.51 million.
Mt. Gox moves $840 million in Bitcoin to new wallet.
$BTC
Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500 after surpassing $70,600 on Monday, according to CoinGecko’s data.
The latest movement comes ahead of the repayment deadline set by October 31. Mt. Gox plans to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen. There is still a substantial balance, worth approximately $9.7 billion, in the wallet.

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Bitcoin
Mt. Gox moves $840 million in Bitcoin to new wallet
by
Vivian Nguyen
3 hours ago
Mt. Gox holds over $9.5 billion in Bitcoin as repayment to creditors nears.

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Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500 after surpassing $70,600 on Monday, according to CoinGecko’s data.
Mt. Gox BTC transfer on May 27 – Source: Arkham Intelligence
The latest movement comes ahead of the repayment deadline set by October 31. Mt. Gox plans to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen. There is still a substantial balance, worth approximately $9.7 billion, in the wallet.

Market members have speculated that the large release could trigger a sell-off that depresses Bitcoin’s price. However, experts suggest that Bitcoin maximalists could shield the market from the sell-off effects.
Established in 2010 and once responsible for 70% of Bitcoin transactions worldwide, Mt. Gox suffered a devastating cyberattack in 2014, resulting in huge Bitcoin losses for both the exchange and its customers.
$BTC
Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500 after surpassing $70,600 on Monday, according to CoinGecko’s data.
The latest movement comes ahead of the repayment deadline set by October 31. Mt. Gox plans to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen. There is still a substantial balance, worth approximately $9.7 billion, in the wallet.

Join the hunt for $12,000,000+ in NEXO Tokens!
Learn More





Sign In

Bitcoin
Mt. Gox moves $840 million in Bitcoin to new wallet
by
Vivian Nguyen
3 hours ago
Mt. Gox holds over $9.5 billion in Bitcoin as repayment to creditors nears.

SHARE THIS ARTICLE

Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500 after surpassing $70,600 on Monday, according to CoinGecko’s data.
Mt. Gox BTC transfer on May 27 – Source: Arkham Intelligence
The latest movement comes ahead of the repayment deadline set by October 31. Mt. Gox plans to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen. There is still a substantial balance, worth approximately $9.7 billion, in the wallet.

Market members have speculated that the large release could trigger a sell-off that depresses Bitcoin’s price. However, experts suggest that Bitcoin maximalists could shield the market from the sell-off effects.
Established in 2010 and once responsible for 70% of Bitcoin transactions worldwide, Mt. Gox suffered a devastating cyberattack in 2014, resulting in huge Bitcoin losses for both the exchange and its customers.
Gala Games Exploiter Returns $22M in ETH After GALA Token Attack
$GALA
Gala Games received 5,913.2 ETH (around $22.3 million) from the attacker who minted $200 million in GALA tokens on May 20. The attacker had sold a small portion before the wallet was frozen. The return was the result of prompt action by Gala and the enforcement of federal law. Additionally, 4.4 billion of the 5 million minted GALA tokens were frozen using GalaChain’s blocklist protocol. Currently, Gala plans to buy back and burn the GALA tokens with the returned ETH, pending a governance vote. The price of GALA rose by 9.3% this week.
$GALA
Gala Games received 5,913.2 ETH (around $22.3 million) from the attacker who minted $200 million in GALA tokens on May 20. The attacker had sold a small portion before the wallet was frozen. The return was the result of prompt action by Gala and the enforcement of federal law. Additionally, 4.4 billion of the 5 million minted GALA tokens were frozen using GalaChain’s blocklist protocol. Currently, Gala plans to buy back and burn the GALA tokens with the returned ETH, pending a governance vote. The price of GALA rose by 9.3% this week.
Polkadot Price Prediction: Is DOT About to Soar Above $10?
#polkadot #PolkadotAnalysis
$DOT
Polkadot (DOT) saw a 7% daily price increase, exceeding the $7.50 mark, with analysts predicting further gains, potentially reaching $10 and beyond.
Analysts such as Michael van de Poppe and Block Diversity envision DOT’s next targets in the $9-$25 range, boosted by the recent introduction of the JAM whitepaper and surpassing important resistance levels.
Numerous analysts noted the asset’s rally, outlining impressive predictions for the near future. One example is the X user Crypto Thanos, who claimed that the $6-$7.50 range was “for accumulating only,” setting $10 as the next target.
Dippy.eth chipped in, too, suggesting that DOT “wants to break out” from the accumulation zone of $6.90-$7.50. In their view, reclaiming the $7.50 mark might lead to “higher levels.” Recall that the asset surpassed that mark a few hours ago and is currently trading at approximately $7.55 (per CoinGecko’s data).
#polkadot #PolkadotAnalysis
$DOT
Polkadot (DOT) saw a 7% daily price increase, exceeding the $7.50 mark, with analysts predicting further gains, potentially reaching $10 and beyond.
Analysts such as Michael van de Poppe and Block Diversity envision DOT’s next targets in the $9-$25 range, boosted by the recent introduction of the JAM whitepaper and surpassing important resistance levels.
Numerous analysts noted the asset’s rally, outlining impressive predictions for the near future. One example is the X user Crypto Thanos, who claimed that the $6-$7.50 range was “for accumulating only,” setting $10 as the next target.
Dippy.eth chipped in, too, suggesting that DOT “wants to break out” from the accumulation zone of $6.90-$7.50. In their view, reclaiming the $7.50 mark might lead to “higher levels.” Recall that the asset surpassed that mark a few hours ago and is currently trading at approximately $7.55 (per CoinGecko’s data).
GRT Price Retest Phase Aims A Bull Run To $0.50
Story Highlights
GRT price trend shows a bullish trend that is ready to burst with a retest phase.
The bull cycle reclaims the 23.60% Fibonacci retracement in the weekly chart.
With the post-retest surge, the bull run could surge to the $0.50 mark.
$GRT
Triangle Breakout In Graph Gains Traction
With the GRT price surpassing the overhead trendline, the daily chart shows a triangle breakout. This intrigues the sideline traders into a breakout entry opportunity, with an extended uptrend possibility.
As the daily chart shows the triangle breakout, the GRT price surpasses the 50% Fibonacci level. Further, the recent dump over the weekends retests the bullish breakout.
Currently, the altcoin trades at $0.3116 with an intraday gain of 3.83% which undermines the fall on Sunday. Further, this marks a post-retest reversal in the Graph token. Hence, the chances of a bull run in this token are higher.
Technical Indicator:
DMI: The VI lines are getting closer, warning of a bearish uprising. However, the ADX line teases a bullish turnaround.
RSI: The daily RSI line shows a bullish trend approaching the oversold zone. This reflects an undermine increase in demand for the token.
Will The GRT Price Reach $0.50?
With the overhead trendline breakout rally gaining momentum with a successful retest in the daily chart, the GRT price is hinting at a extended rally. Based on Fibonacci retracement levels, if the altcoin surpasses the 50% level, it could potentially reach the previous swing high of $0.45. If the bullish momentum continues, it may further advance towards the significant psychological barrier of $0.50.
Story Highlights
GRT price trend shows a bullish trend that is ready to burst with a retest phase.
The bull cycle reclaims the 23.60% Fibonacci retracement in the weekly chart.
With the post-retest surge, the bull run could surge to the $0.50 mark.
$GRT
Triangle Breakout In Graph Gains Traction
With the GRT price surpassing the overhead trendline, the daily chart shows a triangle breakout. This intrigues the sideline traders into a breakout entry opportunity, with an extended uptrend possibility.
As the daily chart shows the triangle breakout, the GRT price surpasses the 50% Fibonacci level. Further, the recent dump over the weekends retests the bullish breakout.
Currently, the altcoin trades at $0.3116 with an intraday gain of 3.83% which undermines the fall on Sunday. Further, this marks a post-retest reversal in the Graph token. Hence, the chances of a bull run in this token are higher.
Technical Indicator:
DMI: The VI lines are getting closer, warning of a bearish uprising. However, the ADX line teases a bullish turnaround.
RSI: The daily RSI line shows a bullish trend approaching the oversold zone. This reflects an undermine increase in demand for the token.
Will The GRT Price Reach $0.50?
With the overhead trendline breakout rally gaining momentum with a successful retest in the daily chart, the GRT price is hinting at a extended rally. Based on Fibonacci retracement levels, if the altcoin surpasses the 50% level, it could potentially reach the previous swing high of $0.45. If the bullish momentum continues, it may further advance towards the significant psychological barrier of $0.50.
#GRT Price Retest Phase Aims A Bull Run To $0.50
$GRT
Story Highlights
GRT price trend shows a bullish trend that is ready to burst with a retest phase.
The bull cycle reclaims the 23.60% Fibonacci retracement in the weekly chart.
With the post-retest surge, the bull run could surge to the $0.50 mark.
Triangle Breakout In Graph Gains Traction
With the GRT price surpassing the overhead trendline, the daily chart shows a triangle breakout. This intrigues the sideline traders into a breakout entry opportunity, with an extended uptrend possibility.
Tradingview
As the daily chart shows the triangle breakout, the GRT price surpasses the 50% Fibonacci level. Further, the recent dump over the weekends retests the bullish breakout.
Currently, the altcoin trades at $0.3116 with an intraday gain of 3.83% which undermines the fall on Sunday. Further, this marks a post-retest reversal in the Graph token. Hence, the chances of a bull run in this token are higher.
Technical Indicator:
DMI: The VI lines are getting closer, warning of a bearish uprising. However, the ADX line teases a bullish turnaround.
RSI: The daily RSI line shows a bullish trend approaching the oversold zone. This reflects an undermine increase in demand for the token.
Will The GRT Price Reach $0.50?
With the overhead trendline breakout rally gaining momentum with a successful retest in the daily chart, the GRT price is hinting at a extended rally. Based on Fibonacci retracement levels, if the altcoin surpasses the 50% level, it could potentially reach the previous swing high of $0.45. If the bullish momentum continues, it may further advance towards the significant psychological barrier of $0.50.
#GRT/USDT
$GRT
Story Highlights
GRT price trend shows a bullish trend that is ready to burst with a retest phase.
The bull cycle reclaims the 23.60% Fibonacci retracement in the weekly chart.
With the post-retest surge, the bull run could surge to the $0.50 mark.
Triangle Breakout In Graph Gains Traction
With the GRT price surpassing the overhead trendline, the daily chart shows a triangle breakout. This intrigues the sideline traders into a breakout entry opportunity, with an extended uptrend possibility.
Tradingview
As the daily chart shows the triangle breakout, the GRT price surpasses the 50% Fibonacci level. Further, the recent dump over the weekends retests the bullish breakout.
Currently, the altcoin trades at $0.3116 with an intraday gain of 3.83% which undermines the fall on Sunday. Further, this marks a post-retest reversal in the Graph token. Hence, the chances of a bull run in this token are higher.
Technical Indicator:
DMI: The VI lines are getting closer, warning of a bearish uprising. However, the ADX line teases a bullish turnaround.
RSI: The daily RSI line shows a bullish trend approaching the oversold zone. This reflects an undermine increase in demand for the token.
Will The GRT Price Reach $0.50?
With the overhead trendline breakout rally gaining momentum with a successful retest in the daily chart, the GRT price is hinting at a extended rally. Based on Fibonacci retracement levels, if the altcoin surpasses the 50% level, it could potentially reach the previous swing high of $0.45. If the bullish momentum continues, it may further advance towards the significant psychological barrier of $0.50.
#GRT/USDT
aiozom$GAL game$gme$Top Altcoins Below $1 To Stack now for 10x Profits in Q2!
GameStop (GME):
The latest sensational memecoin on the Soalna ecosystem, the GameStop token made its first appearance in the crypto market in January 2024. It was primarily created to pay tribute to the 2021 short squeeze of the GameStop stock.
Mantra (OM):
The Mantra project is a security-first Real World Asset (RWA) Layer-1 blockchain. It is capable of applying real-world rules and regulatory requirements. Further, it offers a permissionless blockchain for permissioned applications.
AIOZ Network (AIOZ):
AIOZ Network (AIOZ) is a DePIN for Web3 AI, storage, and streaming and powers a decentralized future with more security. Further, it awards you for sharing your computational resources for transcoding, sorting, and streaming digital media content.
BOOK OF MEME (BOME):
Introduced as an experimental project to redefine the Web3 culture, the BOME project ensures to be immortalized on the blockchain. Built on the Solana blockchain, the BOOK OF MEME’s BOME acts as a primary storage. Further, it fosters a new dimension of decentralized social media.
Despite losing a significant value of 58.61% from its all-time high (ATH) of $0.0280, the BOME token continues to trade with a Year-to-Date (YTD) return of approximately 1,200%. At the time of writing, the price of BOME memecoin was $0.011448 with a market cap of $795.86 Million.
If the market holds the price above the support level of $0.011350, the bulls will regain momentum and prepare to test its upper resistance level of $0.0132. Conversely, if the bears gain control over the market, it will fall to test its lower support level of $0.01040.
$BOME $OM $
GameStop (GME):
The latest sensational memecoin on the Soalna ecosystem, the GameStop token made its first appearance in the crypto market in January 2024. It was primarily created to pay tribute to the 2021 short squeeze of the GameStop stock.
Mantra (OM):
The Mantra project is a security-first Real World Asset (RWA) Layer-1 blockchain. It is capable of applying real-world rules and regulatory requirements. Further, it offers a permissionless blockchain for permissioned applications.
AIOZ Network (AIOZ):
AIOZ Network (AIOZ) is a DePIN for Web3 AI, storage, and streaming and powers a decentralized future with more security. Further, it awards you for sharing your computational resources for transcoding, sorting, and streaming digital media content.
BOOK OF MEME (BOME):
Introduced as an experimental project to redefine the Web3 culture, the BOME project ensures to be immortalized on the blockchain. Built on the Solana blockchain, the BOOK OF MEME’s BOME acts as a primary storage. Further, it fosters a new dimension of decentralized social media.
Despite losing a significant value of 58.61% from its all-time high (ATH) of $0.0280, the BOME token continues to trade with a Year-to-Date (YTD) return of approximately 1,200%. At the time of writing, the price of BOME memecoin was $0.011448 with a market cap of $795.86 Million.
If the market holds the price above the support level of $0.011350, the bulls will regain momentum and prepare to test its upper resistance level of $0.0132. Conversely, if the bears gain control over the market, it will fall to test its lower support level of $0.01040.
$BOME $OM $
$Legendary Crypto Trader Turns $2,275 into $2.26 Million in Just 8 Hours, Here’s How
A legendary crypto trader known as “sundayfunday.sol” has managed to turn a mere $2,275 investment into a staggering $2.26 million windfall in just 8 hours, according to data from Lookonchain, a top blockchain analytics platform.
However, this remarkable feat has captured the attention of the crypto community, prompting questions about the investor’s strategy and spurring insider trading allegations.
Mastering Pre-sale Participation
Sundayfunday.sol, widely regarded as a legend in the crypto space, initially gained prominence as the largest pre-sale participant of the cryptocurrency project BOME. Meanwhile, investing $72,000 in the pre-sale, sundayfunday.sol received 1.43B BOME tokens which are almost worth $40 Million.
Later traders decided to capitalize on the rising value of BOME tokens. Then trader sold out 530 billion BOME tokens, for 38,305 SOL (worth approximately 7.66M). Despite cashing out some of the holdings, sundayfunday.sol remains the dominant holder in the BOME ecosystem, currently holding a substantial 894 billion BOME tokens, valued at $10.5 million.
$BOME
A legendary crypto trader known as “sundayfunday.sol” has managed to turn a mere $2,275 investment into a staggering $2.26 million windfall in just 8 hours, according to data from Lookonchain, a top blockchain analytics platform.
However, this remarkable feat has captured the attention of the crypto community, prompting questions about the investor’s strategy and spurring insider trading allegations.
Mastering Pre-sale Participation
Sundayfunday.sol, widely regarded as a legend in the crypto space, initially gained prominence as the largest pre-sale participant of the cryptocurrency project BOME. Meanwhile, investing $72,000 in the pre-sale, sundayfunday.sol received 1.43B BOME tokens which are almost worth $40 Million.
Later traders decided to capitalize on the rising value of BOME tokens. Then trader sold out 530 billion BOME tokens, for 38,305 SOL (worth approximately 7.66M). Despite cashing out some of the holdings, sundayfunday.sol remains the dominant holder in the BOME ecosystem, currently holding a substantial 894 billion BOME tokens, valued at $10.5 million.
$BOME
AI Tokens To Record Fresh Moves As Nvidia (NVDA) Set To Release Its Q1 Earnings On Wednesday!
$ETH When the top Artificial Intelligence (AI) tokens of the crypto market (INJ, GRT, RNDR, FET, and OCEAN) were indexed, they resulted in displaying the same consolidated monthly range, hinting at a decreased price action for these tokens in the crypto space. Further, collectively they display a resistance level of $10.5 to ignite a bullish reversal in the price action. Moreover, the upcoming Nvidia’s 2024 Q1 earnings report which is scheduled for Wednesday will play a vital role as most AI project’s short-term price action will be highly influenced by it. #ETHETFS
Ripple Transfers 50M XRP to Unknown Wallet
$ETH The blockchain tracker Whale Alert reported a substantial transfer of 50 million XRP tokens from Ripple Labs Inc. to an unknown wallet valued at $25.7 million. Just last week, 100 million XRP were sent to an external wallet. Ripple periodically sells a portion of its holdings to fund its operational activities as part of its strategy to manage its reserves and ensure liquidity. These major transfers have sparked speculations in the community about whether Ripple is offloading its holdings and the broader impact of these actions. The scale and timing of these transactions can influence broader market sentiments and trends in the crypto space.$ETH
VITALIK BUTERIN PRAISES ETHEREUM’S OPENNESS AMID SOCIAL MEDIA CENSORSHIP CLAIMS
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VITALIK BUTERIN PRAISES ETHEREUM’S OPENNESS AMID SOCIAL MEDIA CENSORSHIP CLAIMS
José Gutiérrez
Published: May 20, 2024
12:21 pm
Updated: May 20, 2024
12:21 pm
Home - Ethereum News - Vitalik Buterin Praises Ethereum’s Openness Amid Social Media Censorship Claims

Table of Contents
TL;DR
MEV and Decentralization: Vitalik Buterin discusses the importance of minimizing Miner Extractable Value (MEV) to prevent centralization risks in Ethereum. He suggests smart protocol designs, like transaction inclusion lists, to maintain decentralization.
Support for Solo Stakers: Buterin addresses the challenges faced by solo stakers, such as high hardware requirements and the 32 ETH minimum. He proposes further simplifications to encourage more users to become independent node operators.
Hardware Requirements Debate: Acknowledging the complexity of node hardware requirements, Buterin remains hopeful that future updates will significantly lower these barriers, fostering a more inclusive and open Ethereum ecosystem.
Vitalik Buterin has stepped forward to praise the blockchain’s commitment to openness and decentralization. In a recent blog post, Buterin addressed three critical issues that have been at the forefront of discussions about Ethereum’s future: Miner Extractable Value (MEV), liquid staking, and node hardware requirements.
I'm really proud that ethereum does not have any culture of trying to prevent people from speaking their minds, even when they have very negative feelings toward major things in the protocol or ecosystem.
Some wave the ideal of "open discourse" as a flag, some take it seriously.
— vitalik.eth (@VitalikButerin) May 18, 2024
TACKLING CENTRALIZATION CONCERNS
Buterin’s post, published on May 17th, delves into the intricacies of MEV, which refers to the potential financial gains that node operators can achieve by manipulating transaction orders within a block.
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VITALIK BUTERIN PRAISES ETHEREUM’S OPENNESS AMID SOCIAL MEDIA CENSORSHIP CLAIMS
José Gutiérrez
Published: May 20, 2024
12:21 pm
Updated: May 20, 2024
12:21 pm
Home - Ethereum News - Vitalik Buterin Praises Ethereum’s Openness Amid Social Media Censorship Claims

Table of Contents
TL;DR
MEV and Decentralization: Vitalik Buterin discusses the importance of minimizing Miner Extractable Value (MEV) to prevent centralization risks in Ethereum. He suggests smart protocol designs, like transaction inclusion lists, to maintain decentralization.
Support for Solo Stakers: Buterin addresses the challenges faced by solo stakers, such as high hardware requirements and the 32 ETH minimum. He proposes further simplifications to encourage more users to become independent node operators.
Hardware Requirements Debate: Acknowledging the complexity of node hardware requirements, Buterin remains hopeful that future updates will significantly lower these barriers, fostering a more inclusive and open Ethereum ecosystem.
Vitalik Buterin has stepped forward to praise the blockchain’s commitment to openness and decentralization. In a recent blog post, Buterin addressed three critical issues that have been at the forefront of discussions about Ethereum’s future: Miner Extractable Value (MEV), liquid staking, and node hardware requirements.
I'm really proud that ethereum does not have any culture of trying to prevent people from speaking their minds, even when they have very negative feelings toward major things in the protocol or ecosystem.
Some wave the ideal of "open discourse" as a flag, some take it seriously.
— vitalik.eth (@VitalikButerin) May 18, 2024
TACKLING CENTRALIZATION CONCERNS
Buterin’s post, published on May 17th, delves into the intricacies of MEV, which refers to the potential financial gains that node operators can achieve by manipulating transaction orders within a block.
Dogecoin could skyrocket to $1 .Here's the timeline.
$DOGE A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks.
#Write2Earn
Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April.
The move would represent a nearly 500% increase from Dogecoin’s current price.
Looking at the trader’s chart, he seems to predict that DOGE will meteorically rise in the next month or so after moving above its range resistance, similar to what happened in 2017 and 2021.
DOGE is trading at $0.167 at time of writing.
Martinez isn’t the only analyst to predict a $1 DOGE price.
Earlier this week, the pseudonymous analyst known as Altcoin Sherpa told his 209,800 followers on the social media platform that DOGE could hit the $1 level with help from one of the memecoin’s biggest cheerleaders, billionaire Elon Musk.
Altcoin Sherpa, however, was less confident about the timeline.
“DOGE: some random notes on this one:
-I think that this does something stupid, like go to $1-plus or something. It’s got too much firepower with Elon and is still king meme.
-When this happens? I have no idea. Could be now, could be six months from now.
-It won’t give you the same returns as 2021 given market cap.
-This is a relatively safe trade in my opinion (IMO). Like I think the chances of this doing several x is quite high. Is it going to be a better risk-to-reward ratio than longing other stuff like SOL? I don’t know. Go as far down the risk curve as you want.”
Martinez also notes that there’s currently strong market sentiment about Ethereum (ETH) challenger Fantom (FTM).
“This Fantom chart might seem cluttered. However, it’s highlighting a significant uptick in whale transactions, a rise in FTM whale holdings, and a reduction in FTM balances on exchanges.”$DOGE
For more visit //creativesam.co.ke.//
$DOGE A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks.
#Write2Earn
Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April.
The move would represent a nearly 500% increase from Dogecoin’s current price.
Looking at the trader’s chart, he seems to predict that DOGE will meteorically rise in the next month or so after moving above its range resistance, similar to what happened in 2017 and 2021.
DOGE is trading at $0.167 at time of writing.
Martinez isn’t the only analyst to predict a $1 DOGE price.
Earlier this week, the pseudonymous analyst known as Altcoin Sherpa told his 209,800 followers on the social media platform that DOGE could hit the $1 level with help from one of the memecoin’s biggest cheerleaders, billionaire Elon Musk.
Altcoin Sherpa, however, was less confident about the timeline.
“DOGE: some random notes on this one:
-I think that this does something stupid, like go to $1-plus or something. It’s got too much firepower with Elon and is still king meme.
-When this happens? I have no idea. Could be now, could be six months from now.
-It won’t give you the same returns as 2021 given market cap.
-This is a relatively safe trade in my opinion (IMO). Like I think the chances of this doing several x is quite high. Is it going to be a better risk-to-reward ratio than longing other stuff like SOL? I don’t know. Go as far down the risk curve as you want.”
Martinez also notes that there’s currently strong market sentiment about Ethereum (ETH) challenger Fantom (FTM).
“This Fantom chart might seem cluttered. However, it’s highlighting a significant uptick in whale transactions, a rise in FTM whale holdings, and a reduction in FTM balances on exchanges.”$DOGE
For more visit //creativesam.co.ke.//
Dogecoin could skyrocket to $1 .Here's the timeline.
$DOGE A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks.
#Write2Earn
Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April.
The move would represent a nearly 500% increase from Dogecoin’s current price.
Looking at the trader’s chart, he seems to predict that DOGE will meteorically rise in the next month or so after moving above its range resistance, similar to what happened in 2017 and 2021.
DOGE is trading at $0.167 at time of writing.
Martinez isn’t the only analyst to predict a $1 DOGE price.
Earlier this week, the pseudonymous analyst known as Altcoin Sherpa told his 209,800 followers on the social media platform that DOGE could hit the $1 level with help from one of the memecoin’s biggest cheerleaders, billionaire Elon Musk.
Altcoin Sherpa, however, was less confident about the timeline.
“DOGE: some random notes on this one:
-I think that this does something stupid, like go to $1-plus or something. It’s got too much firepower with Elon and is still king meme.
-When this happens? I have no idea. Could be now, could be six months from now.
-It won’t give you the same returns as 2021 given market cap.
-This is a relatively safe trade in my opinion (IMO). Like I think the chances of this doing several x is quite high. Is it going to be a better risk-to-reward ratio than longing other stuff like SOL? I don’t know. Go as far down the risk curve as you want.”
Martinez also notes that there’s currently strong market sentiment about Ethereum (ETH) challenger Fantom (FTM).
“This Fantom chart might seem cluttered. However, it’s highlighting a significant uptick in whale transactions, a rise in FTM whale holdings, and a reduction in FTM balances on exchanges.”$DOGE
For more visit //creativesam.co.ke.//
#Write2Earn
Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April.
The move would represent a nearly 500% increase from Dogecoin’s current price.
Looking at the trader’s chart, he seems to predict that DOGE will meteorically rise in the next month or so after moving above its range resistance, similar to what happened in 2017 and 2021.
DOGE is trading at $0.167 at time of writing.
Martinez isn’t the only analyst to predict a $1 DOGE price.
Earlier this week, the pseudonymous analyst known as Altcoin Sherpa told his 209,800 followers on the social media platform that DOGE could hit the $1 level with help from one of the memecoin’s biggest cheerleaders, billionaire Elon Musk.
Altcoin Sherpa, however, was less confident about the timeline.
“DOGE: some random notes on this one:
-I think that this does something stupid, like go to $1-plus or something. It’s got too much firepower with Elon and is still king meme.
-When this happens? I have no idea. Could be now, could be six months from now.
-It won’t give you the same returns as 2021 given market cap.
-This is a relatively safe trade in my opinion (IMO). Like I think the chances of this doing several x is quite high. Is it going to be a better risk-to-reward ratio than longing other stuff like SOL? I don’t know. Go as far down the risk curve as you want.”
Martinez also notes that there’s currently strong market sentiment about Ethereum (ETH) challenger Fantom (FTM).
“This Fantom chart might seem cluttered. However, it’s highlighting a significant uptick in whale transactions, a rise in FTM whale holdings, and a reduction in FTM balances on exchanges.”$DOGE
For more visit //creativesam.co.ke.//
$DOGE #Write2Earn Dogecoin Price Forecast: $0.15 Support Level Takes Center Stage
The current market activity for DOGE is displaying a convergence in the trend lines, where the short-term 9-day Exponential Moving Average (EMA) has dipped below the 26-day long-term EMA. Market analysts and investors often regard this event as a bearish indicator.
$DOGE
The trend that has emerged subsequent to this EMA crossover is indicative of an increased momentum on the bearish side. This suggests that sellers are starting to dominate.
Should this downward trajectory maintain its course, it is plausible that the price of DOGE may approach and even test the established support level located at $0.15.
Further bearish pressure, should the $0.15 support fail to hold, may result in DOGE’s price descending to the next level of support, which stands around $0.12.

DOGE price and EMA Cross. Source: DexTools
Contrarily, a bullish DOGE scenario could emerge if it stays above $0.15, signaling active buyers and potentially reversing the downtrend. A more definitive bullish sign would be DOGE breaking the $0.1646 resistance. This could indicate a trend change and possibly start an uptrend, especially if trade volumes increase, making a case for a bullish reversal and aiming for a $0.1757 resistance challenge.
Remembering 2021, over 80% of DOGE addresses were profitable, yet its price continued to increase. Considering DOGE’s strong correlation to BTC and ETH movements, similar bull conditions could lead to a rally.
$DOGE
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
The current market activity for DOGE is displaying a convergence in the trend lines, where the short-term 9-day Exponential Moving Average (EMA) has dipped below the 26-day long-term EMA. Market analysts and investors often regard this event as a bearish indicator.
$DOGE
The trend that has emerged subsequent to this EMA crossover is indicative of an increased momentum on the bearish side. This suggests that sellers are starting to dominate.
Should this downward trajectory maintain its course, it is plausible that the price of DOGE may approach and even test the established support level located at $0.15.
Further bearish pressure, should the $0.15 support fail to hold, may result in DOGE’s price descending to the next level of support, which stands around $0.12.

DOGE price and EMA Cross. Source: DexTools
Contrarily, a bullish DOGE scenario could emerge if it stays above $0.15, signaling active buyers and potentially reversing the downtrend. A more definitive bullish sign would be DOGE breaking the $0.1646 resistance. This could indicate a trend change and possibly start an uptrend, especially if trade volumes increase, making a case for a bullish reversal and aiming for a $0.1757 resistance challenge.
Remembering 2021, over 80% of DOGE addresses were profitable, yet its price continued to increase. Considering DOGE’s strong correlation to BTC and ETH movements, similar bull conditions could lead to a rally.
$DOGE
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
$#Write2Earn
MATIC Price Prediction: Is $1.23 Possible By March 15?
$MATIC
Analyzing the IOMAP chart shows that the large number of addresses “In the Money” suggests that there is significant support at lower price levels, specifically around the large concentration of buyers at $1.10. If this level holds, it could prevent further downtrends.
If the price breaks above the $1.17 resistance, it could indicate a strong bullish signal and potentially lead to a further upward move toward the next resistance levels around $1.21 and potentially $1.24 or higher. This is because the red bubbles (indicating addresses “Out of the Money”) beyond $1.14 would start to turn green (profitable), thus reducing selling pressure.
MATIC IOMAP chart. Source: IntoTheBlock
If the current support levels are broken, especially if the price drops below the large green bubble between $1.10 and $1.14, it could trigger a bearish trend. This is because breaking a significant support level might lead to a loss of confidence and potentially cause a sell-off.
$MATIC
Also, the correlation with ETH can decrease. Even if it continues to have a high correlation, MATIC’s price could suffer if ETH enters a bearish trend.
For more visit >>creativesam.co.ke>>
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
MATIC Price Prediction: Is $1.23 Possible By March 15?
$MATIC
Analyzing the IOMAP chart shows that the large number of addresses “In the Money” suggests that there is significant support at lower price levels, specifically around the large concentration of buyers at $1.10. If this level holds, it could prevent further downtrends.
If the price breaks above the $1.17 resistance, it could indicate a strong bullish signal and potentially lead to a further upward move toward the next resistance levels around $1.21 and potentially $1.24 or higher. This is because the red bubbles (indicating addresses “Out of the Money”) beyond $1.14 would start to turn green (profitable), thus reducing selling pressure.
MATIC IOMAP chart. Source: IntoTheBlock
If the current support levels are broken, especially if the price drops below the large green bubble between $1.10 and $1.14, it could trigger a bearish trend. This is because breaking a significant support level might lead to a loss of confidence and potentially cause a sell-off.
$MATIC
Also, the correlation with ETH can decrease. Even if it continues to have a high correlation, MATIC’s price could suffer if ETH enters a bearish trend.
For more visit >>creativesam.co.ke>>
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
#Write2Earn Cardano Price Holds Strong Above the $0.68 support
$ADA
Cardano Price| tradingview
ADA, the native cryptocurrency of the Cardano ecosystem has witnessed steady growth for the past five weeks with a price jump from $0.447 to $0.79. This 78% upswing backed by an occasional pullback and increasing volume reflects the ADA price is$ witnessing sustainable growth.
An analysis of the daily chart showcases this rally as the development of a bullish reversal pattern called cup and handle breakout with neckline breakout from March 1st. This breakout signals a buyer’s escape from the long accumulation phase and the emergence of a new rally.
Despite the recent market sell-off, the ADA price showed sustainably above the breached neckline at $0.68. In the last two days, altcoin has surged 8% to trade at $0.75 currently. Under the influence of this pattern, the buyers will drive the Cardano price to a theoretical target of $1.146, registering 51% potential growth.
On a contrary note, a breakdown below $0.68 will indicate the weakening of bullish momentum and may spark a new correction trend.
Technical Indicator:
Bollinger Band: An upward arch in the Bollinger Band indicator highlights that buyers continue to dominate this asset.
Moving Average Convergence Divergence: A bullish crossover state between the MACD(blue) and signal lines higher the recovery trend remains intact.
$ADA
Cardano Price| tradingview
ADA, the native cryptocurrency of the Cardano ecosystem has witnessed steady growth for the past five weeks with a price jump from $0.447 to $0.79. This 78% upswing backed by an occasional pullback and increasing volume reflects the ADA price is$ witnessing sustainable growth.
An analysis of the daily chart showcases this rally as the development of a bullish reversal pattern called cup and handle breakout with neckline breakout from March 1st. This breakout signals a buyer’s escape from the long accumulation phase and the emergence of a new rally.
Despite the recent market sell-off, the ADA price showed sustainably above the breached neckline at $0.68. In the last two days, altcoin has surged 8% to trade at $0.75 currently. Under the influence of this pattern, the buyers will drive the Cardano price to a theoretical target of $1.146, registering 51% potential growth.
On a contrary note, a breakdown below $0.68 will indicate the weakening of bullish momentum and may spark a new correction trend.
Technical Indicator:
Bollinger Band: An upward arch in the Bollinger Band indicator highlights that buyers continue to dominate this asset.
Moving Average Convergence Divergence: A bullish crossover state between the MACD(blue) and signal lines higher the recovery trend remains intact.
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