When society looks at the crypto industry today, one cannot deny that Dogecoin (Doge) and Shiba Inu (SHIB) are just as widely known as Bitcoin (BTC). SHIB to date has the highest percentage gain est. Thirty million per cent from launch to an all-time high; no other cryptocurrency has come close to this percentage return.
While most meme coins have taken a -70%+ beating from an all-time high (like the rest of the cryptocurrency market), one has proven it will be a force to reckon with even during this bear market. Shibtosi (anonymous alias) is the CEO of Squidgrow, a meme coin launched in June of 2022 that may show future promise. Shibtoshi has been a cryptocurrency supporter since the early days of Bitcoin around 2011.
Shibtoshi has set an example by showing that diamond hands can win. Apart from diamond handing Bitcoin – the individual has made it to the top wallet in Shiba Inu. During the all-time high of Shiba Inu (Oct 2021), Shibtoshi’s holdings in SHIB were estimated to be close to USD 5.7 billion. Accumulating all this wealth has not stopped Shibtoshi from giving back to society; from giving bone marrow to donating time and money to sick and terminally ill children, Shibtoshi showcases how caring and extensive a heart can be.
These character qualities can also highlight what kind of CEO Shibtoshi can be. Despite massive success, there have been some failures that have been learning experiences. Part of the reason for these failures was getting into projects that were total scams. The lessons learnt from the failures motivated Shibtoshi to have a safe place where friends and family could invest, creating Squidgrow. Initially, Squidgrow was meme quality, but with some future utility plans. “I would rather be surprised than be disappointed”, Shibtoshi had said, meaning having a working product or close to working is better than overpromising a timeline or product that would end up disappointing investors if expectations are not fulfiled.
In addition to growing an investor base in Squidgrow to 11,000+ and reaching an all-time high market cap growth of $50 million with the help of crypto marketing firm Blockchain Brothers, Shibtoshi expressed the determination to have Squidgrow be a force in the crypto world. Squidgrow has a total supply of 1 quadrillion, audited by Solidity Finance, and listed on top exchanges (Gate.io, MEXC, Bitrue, BigONE, Bitmart, Bkex, LBank) 11 in total. Staking is live with more utility coming.
With a team focused on delivering and a CEO passionately dedicated to sharing the gift of winning and profiting with crypto investing, Squidgrow is set to make waves in the meme coin ocean. Being early to coins like Shiba Inu is an investor’s dream and one that isn’t too late with Squidgrow.
This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments
The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, ... read more.
When society looks at the crypto industry today, one cannot deny that Dogecoin (Doge) and Shiba Inu (SHIB) are just as widely known as Bitcoin (BTC). SHIB to date has the highest percentage gain est. Thirty million per cent from launch to an all-time high; no other cryptocurrency has come close to this percentage return.
While most meme coins have taken a -70%+ beating from an all-time high (like the rest of the cryptocurrency market), one has proven it will be a force to reckon with even during this bear market. Shibtosi (anonymous alias) is the CEO of Squidgrow, a meme coin launched in June of 2022 that may show future promise. Shibtoshi has been a cryptocurrency supporter since the early days of Bitcoin around 2011.
Shibtoshi has set an example by showing that diamond hands can win. Apart from diamond handing Bitcoin – the individual has made it to the top wallet in Shiba Inu. During the all-time high of Shiba Inu (Oct 2021), Shibtoshi’s holdings in SHIB were estimated to be close to USD 5.7 billion. Accumulating all this wealth has not stopped Shibtoshi from giving back to society; from giving bone marrow to donating time and money to sick and terminally ill children, Shibtoshi showcases how caring and extensive a heart can be.
These character qualities can also highlight what kind of CEO Shibtoshi can be. Despite massive success, there have been some failures that have been learning experiences. Part of the reason for these failures was getting into projects that were total scams. The lessons learnt from the failures motivated Shibtoshi to have a safe place where friends and family could invest, creating Squidgrow. Initially, Squidgrow was meme quality, but with some future utility plans. “I would rather be surprised than be disappointed”, Shibtoshi had said, meaning having a working product or close to working is better than overpromising a timeline or product that would end up disappointing investors if expectations are not fulfiled.
In addition to growing an investor base in Squidgrow to 11,000+ and reaching an all-time high market cap growth of $50 million with the help of crypto marketing firm Blockchain Brothers, Shibtoshi expressed the determination to have Squidgrow be a force in the crypto world. Squidgrow has a total supply of 1 quadrillion, audited by Solidity Finance, and listed on top exchanges (Gate.io, MEXC, Bitrue, BigONE, Bitmart, Bkex, LBank) 11 in total. Staking is live with more utility coming.
With a team focused on delivering and a CEO passionately dedicated to sharing the gift of winning and profiting with crypto investing, Squidgrow is set to make waves in the meme coin ocean. Being early to coins like Shiba Inu is an investor’s dream and one that isn’t too late with Squidgrow.
This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments
The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, ... read more.
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the token’s value has slipped to the $5.41 per unit range following the high.
What do you think about Terra’s LUNA 2.0 jumping more than 200% in value on Friday? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale
Grayscale Investments' CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ... read more.
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the token’s value has slipped to the $5.41 per unit range following the high.
What do you think about Terra’s LUNA 2.0 jumping more than 200% in value on Friday? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale
Grayscale Investments' CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ... read more.
PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth Venture, Cogitent Venture, Atlas Capital; Impossible Finance, RSS3, ShowMe and Yan Xin & Potter Li, ETHsign’s co-founders also took part in the round. KNN3 Network will utilize the $2.4M funding for protocol development and product market-fit.
From these struggles and pains on data isolation and cross-platform redundancy, it can concur that a universal solution for interoperability is the only way forward. With such a belief, these investors decided to support KNN3 Network in driving a future of multi-chain relationship aggregating and a diverse, decentralized world.
The Vision of KNN3 Network
After a paradigm shift, processors of decentralized applications are now at the centre of Web3, bringing to the world Peer-to-Peer transactions and optimized counting of state changes.
“As smart contracts and distributed virtual state machines underlie blockchains, decentralized WWW solutions truly give back ownership to the users and return democracy to the Web,” said Thomas Yu, Co-Founder of KNN3 Network. “However, there is a need to keep updating knowledge of Web3 to generate more flexible and innovative ideas constantly. Without permissionless cross-platform data collaboration, individual applications just run in silos. For example, the flywheel of Web3 will fail to set the crypto universe in motion. Therefore it is imperative to have a more sophisticated protocol to increase the reusability of web3 data. As a multi-chain relationship aggregating protocol for dApps and analytics, KNN3 Network perfectly fulfils that role.”
What is KNN3 Network?
KNN3 Network provides web3 graph solutions for relational aggregation across multiple blockchain universes to empower social dApps and AI analytics. It aims to become a community-driven data curation protocol that enables on-chain data collaboration.
“The team believes in a relationship creating meanings by converting users’ footprints into relational connectors that collectively form a massive graph network,” said Thomas Yu, “The team is excited to be a part of the Web3 wave and hope KNN3 Network can get the ball rolling.”
If a user is a web3 dApp builder, they can seamlessly retrieve the abundant web3 users’ relationships data using KNN3’s high-performance GraphQL. KNN3 Network collects and compiles multiple dimensions of relations through users’ historical behaviour and status.
If a user is a web3 analyst, KNN3 allows them to conduct structural and relational queries in one place. In addition, it provides SQL-style graph query components for any SQL-compatible BI/analytics platforms to integrate with their existing query services. Moreover, algorithm developers can build and train their AI/ML algorithms with KNN3’s Graph Computing Environment Solutions.
Permissionless Cross-platform Data Collaboration Solutions
“Although AI analytics toolkits allow people to extract data’s value on individual platforms, these applications usually function in isolation. When such applications segment the market, users navigate a highly complex environment. In short, there lacks integrated middleware to enable more advanced web3 use cases.” as Thomas Yu explained, “the company wants to press ahead without compromising the core values of crypto, i.e. composability and plug & play. KNN3 Network provides such one-stop-shop solutions for on-chain data-driven dApps. Compared with conventional SocialFi dApps embedded with SaaS (Software as a service), KNN3 Network provides a trustless protocol featuring decentralization-as-a-service (DAAS) and true censorship-resistance.”
Use cases
In the current iteration, KNN3 Network provides data solutions for web3 dApps for social discovery and user empowerment. Specifically, it has already assisted some dApps in maximizing their value delivery – it provides Quest3 with Virtual Credential Service, which is the fundamental architecture for Quest3’s on-chain quest system used to validate whether a Web3 user is eligible to complete a specific task; it provides MetaMail and Shorum with social graphs. KNN3 provides a trustless analytic environment for user recommendation algorithms based on real-time on-chain data to encourage users to connect with more friends with just one click.
It also provides AI-friendly solutions to Algorithm Registry. KNN3’s easy-to-use graph database and open algorithms allow the latter to establish an open platform allowing users to choose algorithms independently and submit their algorithms. In the future, KNN3 Network aims to be a data collaborating building block to empower mix-dApp, SocialFi, open AIs, etc.
Target Customers
KNN3 Network’s permissionless relational aggregating solutions and virtual credential services mainly target SocialFi, on-chain credits protocols and web3 campaign tools. KNN3 Network also provides ecosystem tools to enable analytics platforms to expand their database to seamlessly incorporate web3 multi-chain relational data. The vision of KNN3 Network is to empower NFT/DAO/GameFi promoters to onboard more Web3 users while providing them with a better on-ramp experience with its profiling/enabling toolkits. It also allows Web3 dApp builders to provide a better Web3 social experience with its multi-chain graph solutions.
About KNN3 Network
KNN3 is a Web3 cross-chain relationship aggregator that enables social discovery and user empowerment. KNN3 Network provides graph solutions for web3 multiverse relational aggregation to empower Social d/App and AI analytics. KNN3 aims to become a community-driven data curation protocol for on-chain data collaboration.
Website | Twitter | Discord | Mirror | Medium
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.
Source From : News