Monday, June 27, 2022
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effect

Analyzing if Shiba Inu’s [SHIB] burning protocol is having any effect on its price

A significant impressive stash of Shiba, over the years, sent to unspendable wallets had decreased the circulation in supply. Well, to increase Shiba...

Binance CEO’s latest announcement had this effect on TerraUSD [UST] prices

The crypto market is slowly adjusting to a new normal after the de-pegging of TerraUSD sent ripples through the Terra ecosystem and...

Up by 21%, MKR’s whale activity is having this effect

By now, any investor who follows crypto knows the market crashed and burned this week. Both Bitcoin and altcoins suffered immensely following headwinds...

Tron’s foray into algorithmic stablecoins has had this effect on TRX

A wise man once said “Algorithmic stablecoins are fast becoming the norm – protocol-issued dollars coming to every blockchain.” Like a self-fulfilling prophecy, two...

Elon Musk’s latest NFT gesture on Twitter had this effect on ApeCoin [APE]

Elon Musk, for some odd reason, manages to shake up the core of the cryptocurrency market each time he says, does, or even...

Maker’s recent 20% dip has had this effect on long-term holders

The mixed signals noticed in the past few weeks on the charts have left many investors confused, particularly Maker’s holders, given the altcoin’s...

Polygon introduces EIP-1559 to have a deflationary effect on MATIC

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year is currently making headlines again. Ethereum sidechain network...

Binance Smart Chain’s record-breaking maneuvers can have this effect on Binane Coin

At press time, most of the top ten altcoins seemed to be in a tight spot with Bitcoin falling below the $57K mark....

Ethereum: Can 2017’s mirror effect push ETH to $15K by December

With a market cap of $550 billion at press time, Ethereum’s progression in 2021 has been impressive. Its year-to-date growth was 523%, at...

VeChain’s new consensus method might have this effect on VET

In this bull market, most altcoins are benefiting from the broader market’s movement. However, VeChain has been precipitating its own rally thanks to...

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