Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years.
The price of bitcoin has fallen below the $29K zone and is struggling to hold above the $28K region. On Wednesday, a mysterious bitcoin whale transferred 2,071.5 bitcoins worth $60 million at the time of the transaction. This large stash of coins is associated with the Mt Gox saga and a strange bitcoin address (1McUC) that was linked to two significantly large BTC transfers last year.
At 8:19 a.m. Eastern Time on April 21, the Twitter account @lookonchain tweeted about a new whale that sent old bitcoins dating back to 2012 and 2013. “The whale received [1,129 bitcoin] in October 2012 and May 2013, when prices were $12 and $195,” the social media account said. In response to the tweet, one individual speculated that it was “[probably an] OG Silk Road vendor just released.”
Following the transfer of 278.89 BTC by the aforementioned address and the subsequent tweet by the social media account, the address “12At4” sent another 184.23 BTC. So far, the address that once held 1,129 bitcoin has sent a total of 464 BTC worth $13 million at current bitcoin exchange rates. Bitcoin blockchain parsers have been detecting old whales moving dormant coins for years, but statistics from Btcparser.com show that older bitcoins born in 2009, 2010, and 2011 are becoming rare spends.
According to Btcparser.com and further research, a significant number of older Bitcoin transactions have come from 2016 and 2017 in the past few months. The last known transactions from 2009 occurred just over a year ago on April 7 and 8, 2022, when around five Bitcoin block rewards mined in 2009 were spent in a series of transfers. Prior to that, the last time a 2009 block reward was spent was on March 20, 2020, which was nine days after the infamous “Black Thursday” event.
At the time of writing, the “12At4” bitcoin address still holds 665.65 BTC and the owner’s corresponding bitcoin cash (BCH) address still holds approximately 1,128.77 BCH.
What do you think these recent moves by old bitcoin whales mean for the future of the cryptocurrency market? Share your thoughts and opinions 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.
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years.
The price of bitcoin has fallen below the $29K zone and is struggling to hold above the $28K region. On Wednesday, a mysterious bitcoin whale transferred 2,071.5 bitcoins worth $60 million at the time of the transaction. This large stash of coins is associated with the Mt Gox saga and a strange bitcoin address (1McUC) that was linked to two significantly large BTC transfers last year.
At 8:19 a.m. Eastern Time on April 21, the Twitter account @lookonchain tweeted about a new whale that sent old bitcoins dating back to 2012 and 2013. “The whale received [1,129 bitcoin] in October 2012 and May 2013, when prices were $12 and $195,” the social media account said. In response to the tweet, one individual speculated that it was “[probably an] OG Silk Road vendor just released.”
Following the transfer of 278.89 BTC by the aforementioned address and the subsequent tweet by the social media account, the address “12At4” sent another 184.23 BTC. So far, the address that once held 1,129 bitcoin has sent a total of 464 BTC worth $13 million at current bitcoin exchange rates. Bitcoin blockchain parsers have been detecting old whales moving dormant coins for years, but statistics from Btcparser.com show that older bitcoins born in 2009, 2010, and 2011 are becoming rare spends.
According to Btcparser.com and further research, a significant number of older Bitcoin transactions have come from 2016 and 2017 in the past few months. The last known transactions from 2009 occurred just over a year ago on April 7 and 8, 2022, when around five Bitcoin block rewards mined in 2009 were spent in a series of transfers. Prior to that, the last time a 2009 block reward was spent was on March 20, 2020, which was nine days after the infamous “Black Thursday” event.
At the time of writing, the “12At4” bitcoin address still holds 665.65 BTC and the owner’s corresponding bitcoin cash (BCH) address still holds approximately 1,128.77 BCH.
What do you think these recent moves by old bitcoin whales mean for the future of the cryptocurrency market? Share your thoughts and opinions 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.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
Xrp plunged to a multi-week low in Friday’s session, as the token slipped for a third consecutive session. The move pushed prices to their lowest point since late March, with the global market cap trading 2.39% lower as of writing. Cardano also fell to a two-week low.
XRP, formerly ripple, was deep in the red on Friday, as prices fell for a third consecutive session.
Following a high of $0.4838 on Thursday, XRP/USD slipped to an intraday low of $0.4644 earlier today.
As a result of this drop, XRP fell to its lowest point since March 27, when the token was at a bottom at $0.4428.
Looking at the chart, this recent shift in momentum coincided with the 14-day relative strength index (RSI) breaking out of a floor at 57.00.
At the time of writing, the index is tracking at 42.24, which is close to a support point at 41.00.
Should price strength reach this point, then there is a good chance that XRP will hit a price floor at $0.4440.
Cardano (ADA) also fell to a multi-week low in today’s session, as prices moved closer to a key price floor.
ADA/USD dropped to a low of $0.3974 on Friday, less than 24 hours after trading at a peak of $0.4087.
This is the lowest level that cardano has hit since April 12, and comes following a three-day losing streak.
Similar to XRP, ADA’s decline came after the RSI moved below a floor at 52.00. It is currently at a reading of 49.18.
The next visible point of support appears to be at 45.00, and should sellers claim this zone, cardano will likely move to $0.3750.
This level is a long-term price floor, and was last hit on April 6.
Register your email here to get weekly price analysis updates sent to your inbox:
Do you expect further declines in cardano during the weekend? Let us know your thoughts in the comments.
Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
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.
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.
Xrp plunged to a multi-week low in Friday’s session, as the token slipped for a third consecutive session. The move pushed prices to their lowest point since late March, with the global market cap trading 2.39% lower as of writing. Cardano also fell to a two-week low.
XRP, formerly ripple, was deep in the red on Friday, as prices fell for a third consecutive session.
Following a high of $0.4838 on Thursday, XRP/USD slipped to an intraday low of $0.4644 earlier today.
As a result of this drop, XRP fell to its lowest point since March 27, when the token was at a bottom at $0.4428.
Looking at the chart, this recent shift in momentum coincided with the 14-day relative strength index (RSI) breaking out of a floor at 57.00.
At the time of writing, the index is tracking at 42.24, which is close to a support point at 41.00.
Should price strength reach this point, then there is a good chance that XRP will hit a price floor at $0.4440.
Cardano (ADA) also fell to a multi-week low in today’s session, as prices moved closer to a key price floor.
ADA/USD dropped to a low of $0.3974 on Friday, less than 24 hours after trading at a peak of $0.4087.
This is the lowest level that cardano has hit since April 12, and comes following a three-day losing streak.
Similar to XRP, ADA’s decline came after the RSI moved below a floor at 52.00. It is currently at a reading of 49.18.
The next visible point of support appears to be at 45.00, and should sellers claim this zone, cardano will likely move to $0.3750.
This level is a long-term price floor, and was last hit on April 6.
Register your email here to get weekly price analysis updates sent to your inbox:
Do you expect further declines in cardano during the weekend? Let us know your thoughts in the comments.
Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
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.
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 $10 per transaction and median-sized ... read more.
PRESS RELEASE. In recent years, meme coins have gained significant traction due to various social media trends and hype. This is because these coins are often associated with fun and accessible ways to invest in cryptocurrency. Moreover, they are easy to understand and trade, making them attractive to new investors, particularly millenials and Gen Z, who are attracted to the humour and online culture associated with meme coins.
One of the most popular meme tokens today is Shiba Inu ($SHIB). Several factors contribute to the token’s popularity, including the efforts of a passionate community referred to as the Shib Army. With the help of social media campaigns, memes, and other forms of online activism, this decentralised group of SHIB enthusiasts has promoted the coin and increased its value. At press time, $SHIB has a total market capitalization of $6.4 billion, making it one of the most valuable cryptocurrencies on the market.
$SOV’s strong debut
Karma DAO introduced Shib Original Vision ($SOV) to break down Shiba Inu’s current structure and return to a community-centric strategy. The Inu Economic Forum, with more than 50 members, makes decisions about $SOV rather than relying on a single individual like Ryoshi. Additionally, to ensure the project’s long-term viability and efficacy, its developers have gotten the platform’s smart contract framework audited by popular blockchain security providers MetaTrust and Veridise Inc.
The numbers don’t lie: Shib Original Vision gains traction among users
Since its launch a little over a month ago, $SOV has consistently reached new price peaks seemingly every other week. To elaborate: the currency has appreciated considerably over the last 21-days, achieving a total valuation of over $20 million and a fully diluted valuation exceeding $40 million. During the first day of its release, $SOV recorded $12 million in volume and has since consistently ranked among the top three most-viewed Uniswap V3 pairs on GeckoTerminal.
Moreover, a growing forum of prominent crypto personalities appears to be getting behind $SOV. For example, it recently came to light that prominent digital asset investor Roger Lim, with over $500 million in AUM, has been HODLing $SOV, currently possessing over $155k worth of the token.
Similarly, as per data available online, former Microsoft strategist Joe McCann—who helms Asymmetric, a $1B crypto fund backed by a16z’s Marc Andreessen and Solana cofounders Anatoly Yakovenko and Raj Gokan—has also invested heavily in $SOV. According to Etherscan, he currently owns 1,250,000,000,000 $SOV tokens estimated to be worth nearly $350,000.
What lies ahead for Shib Original Vision?
As the world continues to move in a more decentralized direction, the future of $SOV looks promising. For starters, the project comes with an experienced team of developers behind it—the same folks who created $SHIB. They have a proven track record of successfully developing and launching projects, and their strong track record lends credibility and confidence to the project. They are now channelling their tech prowess into $SOV.
Second, $SOV’s low market cap and solid fundamentals make it an attractive investment opportunity for those willing to assume the risk, as evidenced by the several high-volume investors who have purchased the token. Lastly, the $SOV community is not only passionate and engaged, but also expanding, with many $SHIB supporters now joining the $SOV ecosystem. In fact, on April 15, the project was trending #3 on the top ETH projects on Dextools. This growing support is crucial to consider when evaluating $SOV’s market potential.
While there are undoubtedly some risks associated with investing in $SOV, the combination of a strong development team and dedicated community makes it worth a closer look. As the project continues to evolve and gain momentum, the future of $SOV may hold significant opportunities for those willing to navigate the uncertainty-ridden global economy.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.
PRESS RELEASE. In recent years, meme coins have gained significant traction due to various social media trends and hype. This is because these coins are often associated with fun and accessible ways to invest in cryptocurrency. Moreover, they are easy to understand and trade, making them attractive to new investors, particularly millenials and Gen Z, who are attracted to the humour and online culture associated with meme coins.
One of the most popular meme tokens today is Shiba Inu ($SHIB). Several factors contribute to the token’s popularity, including the efforts of a passionate community referred to as the Shib Army. With the help of social media campaigns, memes, and other forms of online activism, this decentralised group of SHIB enthusiasts has promoted the coin and increased its value. At press time, $SHIB has a total market capitalization of $6.4 billion, making it one of the most valuable cryptocurrencies on the market.
$SOV’s strong debut
Karma DAO introduced Shib Original Vision ($SOV) to break down Shiba Inu’s current structure and return to a community-centric strategy. The Inu Economic Forum, with more than 50 members, makes decisions about $SOV rather than relying on a single individual like Ryoshi. Additionally, to ensure the project’s long-term viability and efficacy, its developers have gotten the platform’s smart contract framework audited by popular blockchain security providers MetaTrust and Veridise Inc.
The numbers don’t lie: Shib Original Vision gains traction among users
Since its launch a little over a month ago, $SOV has consistently reached new price peaks seemingly every other week. To elaborate: the currency has appreciated considerably over the last 21-days, achieving a total valuation of over $20 million and a fully diluted valuation exceeding $40 million. During the first day of its release, $SOV recorded $12 million in volume and has since consistently ranked among the top three most-viewed Uniswap V3 pairs on GeckoTerminal.
Moreover, a growing forum of prominent crypto personalities appears to be getting behind $SOV. For example, it recently came to light that prominent digital asset investor Roger Lim, with over $500 million in AUM, has been HODLing $SOV, currently possessing over $155k worth of the token.
Similarly, as per data available online, former Microsoft strategist Joe McCann—who helms Asymmetric, a $1B crypto fund backed by a16z’s Marc Andreessen and Solana cofounders Anatoly Yakovenko and Raj Gokan—has also invested heavily in $SOV. According to Etherscan, he currently owns 1,250,000,000,000 $SOV tokens estimated to be worth nearly $350,000.
What lies ahead for Shib Original Vision?
As the world continues to move in a more decentralized direction, the future of $SOV looks promising. For starters, the project comes with an experienced team of developers behind it—the same folks who created $SHIB. They have a proven track record of successfully developing and launching projects, and their strong track record lends credibility and confidence to the project. They are now channelling their tech prowess into $SOV.
Second, $SOV’s low market cap and solid fundamentals make it an attractive investment opportunity for those willing to assume the risk, as evidenced by the several high-volume investors who have purchased the token. Lastly, the $SOV community is not only passionate and engaged, but also expanding, with many $SHIB supporters now joining the $SOV ecosystem. In fact, on April 15, the project was trending #3 on the top ETH projects on Dextools. This growing support is crucial to consider when evaluating $SOV’s market potential.
While there are undoubtedly some risks associated with investing in $SOV, the combination of a strong development team and dedicated community makes it worth a closer look. As the project continues to evolve and gain momentum, the future of $SOV may hold significant opportunities for those willing to navigate the uncertainty-ridden global economy.
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
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.
PRESS RELEASE. The team behind Worker or Sheikh is excited to announce the launch of their groundbreaking Play-to-Earn game, designed to provide players with an immersive and sustainable gaming experience. With its unique economic model, easy-to-learn gameplay, and AI-driven optimization, Worker or Sheikh is set to redefine the Play-to-Earn landscape.
Worker or Sheikh offers players two distinct roles within the game: Workers, who extract oil barrels from the wells, and Sheikhs, who act as investors and receive a passive income from the Workers’ efforts. This dual-role system promotes an inclusive gaming environment that caters to players with different investment capacities and gameplay preferences.
One of the standout features of Worker or Sheikh is its sustainable economics, designed by experts and optimized using artificial intelligence. The game employs systems for deflation, dividends, staking, burning, and more, ensuring a stable and sustainable gaming ecosystem over time.
Additionally, the game’s simplicity and user-friendly design make it accessible to players of all ages. Worker or Sheikh features a comprehensive Marketplace, where players can purchase in-game improvements such as potions, avatars, and extraction towers, while still offering the opportunity to play for free.
The game’s content, level design, and challenges are partially driven by AI technologies. Four AI-powered characters, named OLIVIA, DEXTER, CHARLES, and LILY, work together to optimize the game’s economy, create engaging content, design challenging levels, and analyze data to provide useful insights and feedback to the developers.
Worker or Sheikh is also proud to be the only game with a Virtual Assets Provider License and regulation through its creator, Blackbeargo, In addition, it already has a Certik audit. This sets a new standard for transparency and trustworthiness in the Play-to-Earn gaming world.
To learn more about Worker or Sheikh and join the gaming revolution, visit the official website at https://www.wosplaytoearn.com/ and follow the game on social media for the latest updates.
About Worker or Sheikh:
Worker or Sheikh is a next-generation Play-to-Earn game that combines innovative AI technologies, sustainable economics, and engaging gameplay to create a unique gaming experience. With a strong focus on inclusivity and sustainability, Worker or Sheikh aims to redefine the Play-to-Earn gaming landscape for the better.
Media Contact:
Web: https://www.wosplaytoearn.com/
Telegram Contact: @wosgame
Telegram Channel: @wosplaytoearn
Discord: https://discord.gg/wosp2e
Twitter: @wosplaytoearn
Instagram: @wosplaytoearn
Email: info@wosplaytoearn.com
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
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. The team behind Worker or Sheikh is excited to announce the launch of their groundbreaking Play-to-Earn game, designed to provide players with an immersive and sustainable gaming experience. With its unique economic model, easy-to-learn gameplay, and AI-driven optimization, Worker or Sheikh is set to redefine the Play-to-Earn landscape.
Worker or Sheikh offers players two distinct roles within the game: Workers, who extract oil barrels from the wells, and Sheikhs, who act as investors and receive a passive income from the Workers’ efforts. This dual-role system promotes an inclusive gaming environment that caters to players with different investment capacities and gameplay preferences.
One of the standout features of Worker or Sheikh is its sustainable economics, designed by experts and optimized using artificial intelligence. The game employs systems for deflation, dividends, staking, burning, and more, ensuring a stable and sustainable gaming ecosystem over time.
Additionally, the game’s simplicity and user-friendly design make it accessible to players of all ages. Worker or Sheikh features a comprehensive Marketplace, where players can purchase in-game improvements such as potions, avatars, and extraction towers, while still offering the opportunity to play for free.
The game’s content, level design, and challenges are partially driven by AI technologies. Four AI-powered characters, named OLIVIA, DEXTER, CHARLES, and LILY, work together to optimize the game’s economy, create engaging content, design challenging levels, and analyze data to provide useful insights and feedback to the developers.
Worker or Sheikh is also proud to be the only game with a Virtual Assets Provider License and regulation through its creator, Blackbeargo, In addition, it already has a Certik audit. This sets a new standard for transparency and trustworthiness in the Play-to-Earn gaming world.
To learn more about Worker or Sheikh and join the gaming revolution, visit the official website at https://www.wosplaytoearn.com/ and follow the game on social media for the latest updates.
About Worker or Sheikh:
Worker or Sheikh is a next-generation Play-to-Earn game that combines innovative AI technologies, sustainable economics, and engaging gameplay to create a unique gaming experience. With a strong focus on inclusivity and sustainability, Worker or Sheikh aims to redefine the Play-to-Earn gaming landscape for the better.
Media Contact:
Web: https://www.wosplaytoearn.com/
Telegram Contact: @wosgame
Telegram Channel: @wosplaytoearn
Discord: https://discord.gg/wosp2e
Twitter: @wosplaytoearn
Instagram: @wosplaytoearn
Email: info@wosplaytoearn.com
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
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. Singapore, Singapore, April 21st, Chainwire. MOOI Network, the blockchain ecosystem designed for game projects, is thrilled to announce the listing of its governance token, $MOOI, on MEXC Global, a prominent cryptocurrency exchange. The listing is scheduled for April 25 at 10:00 UTC and reflects MOOI Network’s commitment to lowering barriers for new users and providing accessible options for engagement within its ecosystem.
Company Background
MOOI Network was created by POST VOYAGER, a subsidiary of Cocone, a Japan-based avatar styling & gaming social app developer with users across 74 countries. Over the past 14 years, Cocone’s flagship projects have attracted over 130 million downloads and 4.7M monthly active users. Meanwhile, in 2022 the highest daily profit from selling digital beauty and fashion items topped $1.7 million.
MOOI Network
With Cocone’s roots in the Web2-based virtual world, MOOI Network was established to help the company’s Web3 transition. Since the launch of MOOI Network on June 30th, 2022, POST VOYAGER and Cocone have built an outstanding portfolio filled with high-quality gaming titles and dapps, including MetaLivly, PKCL Twins, ClawKiss, and JANKEN. At the heart of the MOOI Network’s economy is Jellyme, an NFT marketplace for blockchain-based games. Recently, the marketplace has seen a significant surge in popularity: according to DappRadar, the dapp’s usage was up 7,312% in April, reaching 11,630 weekly active wallets.
Bringing Access to the MOOI Ecosystem
MOOI Network remains dedicated to its mission of creating an open and inclusive metaverse world that is accessible to users from all backgrounds. The listing of MOOI on MEXC is a significant milestone for the project, and MOOI Network looks forward to introducing more ways to grow and expand its ecosystem by offering users a convenient and user-friendly way to participate in MOOI Network’s vision through the listing of MOOI on MEXC Global.
Recent Updates
Recently, MOOI launched the ‘Space Flea Market’ collection, featuring game items from Pokecolo, one of the Cocone’s legendary avatar services. This collection has consistently ranked in the top-5 DappRadar NFT collectibles chart for over a month, attracting thousands of new users to the Web3 space. This success has propelled MOOI’s marketplace, Jellyme, into the top 10 during March-April 2023, further solidifying MOOI’s ability to attract and engage a growing community of users.
Further Plans
Currently, MOOI Network is actively preparing for Q2 with upcoming exchange listings, on-ramp features, and other product launches. Stay tuned for exciting updates as MOOI Network continues to expand its offerings. In the long run, MOOI aims to become a first-tier game-tailored ecosystem, attracting fun and high-quality services to join Web3 and build thriving play-and-own economies using MOOI Network.
About MOOI Network
MOOI Network is creating a sustainable metaverse world by onboarding metaverse, GameFi, dApps, and NFT projects in a seamless way, providing a crypto wallet, NFT marketplace, and swap all within its ecosystem. MOOI Network ensures bringing in projects that are high-quality and provides a seamless onboarding experience.
To learn more about MOOI visit:
Official website | NFT Marketplace- Jellyme | Medium | Discord | Twitter
Contact
Head of Business Planning
Oleg Smagin
POST VOYAGER
ml_media@postvoyager.com
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
Source From : News