With the crypto majors stalling after a quick pump last week, and NFT floor prices cratering almost universally, there was space for a new narrative to take hold. Enter Pepe...The little meme frog that people love to hate. Last week on Friday, an anonymous developer launched a new token on the Ethereum network called $PEPE. In a matter of days the token had increased in value by up to 20,000%. With stories rampant on Twitter of people making tens and even hundreds of thousands of dollars from...

With the crypto majors stalling after a quick pump last week, and NFT floor prices cratering almost universally, there was space for a new narrative to take hold. Enter Pepe...The little meme frog that people love to hate. Last week on Friday, an anonymous developer launched a new token on the Ethereum network called $PEPE. In a matter of days the token had increased in value by up to 20,000%. With stories rampant on Twitter of people making tens and even hundreds of thousands of dollars from...

gm The memecoin $PEPE stole the show this week busting the $1 Billion USD market cap barrier less than a month after lauching. It truly is a spectacle what a bunch of committed degens can achieve with a dream and a coin that offers absolutely zero utility. Binance listed it under the "innovation" section. The innovation? “PEPE has no token utility or value support mechanism.” This triggered a wave of new memecoins to be spun up in a game of hot potato clogging the Ethereum network and raising...

gm The memecoin $PEPE stole the show this week busting the $1 Billion USD market cap barrier less than a month after lauching. It truly is a spectacle what a bunch of committed degens can achieve with a dream and a coin that offers absolutely zero utility. Binance listed it under the "innovation" section. The innovation? “PEPE has no token utility or value support mechanism.” This triggered a wave of new memecoins to be spun up in a game of hot potato clogging the Ethereum network and raising...

gm The most exciting scary thing this week was Ethereum experiencing finalisation issues. Usually Ethereum transactions can be considered finalised within about 15 minutes, but this week it took much longer on two occasions (up to an hour). During this period transactions could potentially be reorganised. While this may not sound significant at first pass, with so much value locked in DeFi protocols, time assumptions are often baked in and things changing an hour later could potentially mean ...

gm The most exciting scary thing this week was Ethereum experiencing finalisation issues. Usually Ethereum transactions can be considered finalised within about 15 minutes, but this week it took much longer on two occasions (up to an hour). During this period transactions could potentially be reorganised. While this may not sound significant at first pass, with so much value locked in DeFi protocols, time assumptions are often baked in and things changing an hour later could potentially mean ...

The unprecedented rise of $PEPE, a memecoin inspired by the Pepe the Frog meme, has taken the cryptocurrency world by storm. Reaching an astonishing $1 billion USD market cap, $PEPE has paved the way for "memecoin season," where meme-based cryptocurrencies are experiencing explosive growth and popularity.What is $PEPE?$PEPE is a memecoin based on the famous Pepe the Frog meme, which originated from Matt Furie's comic series "Boy's Club" in 2005. Despite the character's controve...

The unprecedented rise of $PEPE, a memecoin inspired by the Pepe the Frog meme, has taken the cryptocurrency world by storm. Reaching an astonishing $1 billion USD market cap, $PEPE has paved the way for "memecoin season," where meme-based cryptocurrencies are experiencing explosive growth and popularity.What is $PEPE?$PEPE is a memecoin based on the famous Pepe the Frog meme, which originated from Matt Furie's comic series "Boy's Club" in 2005. Despite the character's controve...

gm While the memecoin mania from last week has somewhat subsided $PEPE refuses to disapear and is still seeing significant volume. The floor prices of NFT collections across the board are continuing their drift down. And the crypto market experienced a flash crash, of which it has mostly recovered. Just another week in the wild west of the digital fronteir. - @nuconomist📈 Weekly Crypto StatsCrypto Market Cap: 1.25 Trillion Dollars 🔺+13.6% (Was 1.1 T) Bitcoin Dominance: 45.07% 🔺+2.17% (Was ...

gm While the memecoin mania from last week has somewhat subsided $PEPE refuses to disapear and is still seeing significant volume. The floor prices of NFT collections across the board are continuing their drift down. And the crypto market experienced a flash crash, of which it has mostly recovered. Just another week in the wild west of the digital fronteir. - @nuconomist📈 Weekly Crypto StatsCrypto Market Cap: 1.25 Trillion Dollars 🔺+13.6% (Was 1.1 T) Bitcoin Dominance: 45.07% 🔺+2.17% (Was ...

The Metadata debate is going to be an ugly one. Who has the right to change it and when? Goblins recently updated all images to an offensive alternative and plans to airdrop new versions. What if your goblin was on display for a big event today and you’re left with this?https://twitter.com/truth/status/1645850073392349184Or what if your goblin was your PFP and you suddenly find yourself sweating at your followers? They weren’t exactly the most family friendly brand but this could have real im...

The Metadata debate is going to be an ugly one. Who has the right to change it and when? Goblins recently updated all images to an offensive alternative and plans to airdrop new versions. What if your goblin was on display for a big event today and you’re left with this?https://twitter.com/truth/status/1645850073392349184Or what if your goblin was your PFP and you suddenly find yourself sweating at your followers? They weren’t exactly the most family friendly brand but this could have real im...

gm Never a quiet week in crypto! We saw markets crash with rumours that the CEO of Binance had been issued a Red Notice by Interpol sparked by this cryptic tweet by @Cobie. Elon Musk went into full mischief mode, temporarily changing the Twitter logo to the Dogecoin logo sparking up to 33% in gains for the coin. Both reminders of how easily the crypto market can be moved by big individuals in the space and unfounded rumours. And then Crypto went on to do it's own thing and chop over East...

gm Never a quiet week in crypto! We saw markets crash with rumours that the CEO of Binance had been issued a Red Notice by Interpol sparked by this cryptic tweet by @Cobie. Elon Musk went into full mischief mode, temporarily changing the Twitter logo to the Dogecoin logo sparking up to 33% in gains for the coin. Both reminders of how easily the crypto market can be moved by big individuals in the space and unfounded rumours. And then Crypto went on to do it's own thing and chop over East...

gm The biggest news this week is that the long-awaited Shanghai upgrade went live on Ethereum allowing stakers to withdraw their ETH from the staking contract. After an initial surge of withdrawal requests (6174 within the first 24 hours), the numbers have started to settle and there have actually been more deposits than withdrawals within the last 24 hours. At this stage, things are looking bullish for long term staking on Ethereum. If you're interested in tracking these metrics you sho...

gm The biggest news this week is that the long-awaited Shanghai upgrade went live on Ethereum allowing stakers to withdraw their ETH from the staking contract. After an initial surge of withdrawal requests (6174 within the first 24 hours), the numbers have started to settle and there have actually been more deposits than withdrawals within the last 24 hours. At this stage, things are looking bullish for long term staking on Ethereum. If you're interested in tracking these metrics you sho...

gm This week memecoin mania took over. You can can read all about $PEPE mania on the blog here. Outside of that, the market has been slumping after it's recent enthusiasm, NFTs are continuing their slide and the US is still trying to increase it's grip over crypto markets citing securities laws. - @nuconomist📈 Weekly Crypto StatsCrypto Market Cap: 1.1 Trillion Dollars 🔻-8.4% (Was 1.31 T) Bitcoin Dominance: 44.11% 🔺+1.3% (Was 43.9%) Ethereum Dominance: 18.49% 🔻-2.6% (Was 18.98%) ...

gm This week memecoin mania took over. You can can read all about $PEPE mania on the blog here. Outside of that, the market has been slumping after it's recent enthusiasm, NFTs are continuing their slide and the US is still trying to increase it's grip over crypto markets citing securities laws. - @nuconomist📈 Weekly Crypto StatsCrypto Market Cap: 1.1 Trillion Dollars 🔻-8.4% (Was 1.31 T) Bitcoin Dominance: 44.11% 🔺+1.3% (Was 43.9%) Ethereum Dominance: 18.49% 🔻-2.6% (Was 18.98%) ...

Non-Fungible Tokens (NFTs) were notNFT Finance PlatformsArcade.xyzNFTfi.comNFTfi is a peer to peer lending protocol. This means that each loan agreement is between two indivdiuals that agree to a deal. Person A lists their NFT as collatral and other place bids offering a value in either WETH or USDC with a percentage interest rate. The NFT holder can then select from a range of offers and accept the most appropriate for them. Once a loan starts it is locked in for the full period of the loan ...

Non-Fungible Tokens (NFTs) were notNFT Finance PlatformsArcade.xyzNFTfi.comNFTfi is a peer to peer lending protocol. This means that each loan agreement is between two indivdiuals that agree to a deal. Person A lists their NFT as collatral and other place bids offering a value in either WETH or USDC with a percentage interest rate. The NFT holder can then select from a range of offers and accept the most appropriate for them. Once a loan starts it is locked in for the full period of the loan ...