Dogecoin Pumps 6.6% After Elon Musk’s Tweet, Shiba Inu Follows

• Elon Musk tweeted about Dogecoin, causing its price to surge by 6.6 percent and Shiba Inu by 2.5 percent.
• According to a Blockchain Research Lab study, there was an average 3 percent price range on each of the 47 events after a tweet by Musk.
• Every time there is a sharp spike in the price of Dogecoin, there is another 45-minute price spike that follows.

Elon Musk Tweets About Dogecoin

Twitter CEO Elon Musk has recently sent out a tweet about Dogecoin (Doge). The post triggered speculations among investors and caused the meme coin’s price to rise by 6.6 percent, with Shiba Inu also increasing by 2.5 percent.

Dogecoin Price Spikes After Elon Musk Tweet

The 24-hour move of Dogecoin has been within the ranges of $0.0832 and $0.0872 since the tweet was released, however it could not test its key resistance level of $0.09 before recording its first retracement as seen in the chart.

Musk’s Influence on Crypto Prices

According to a Blockchain Research Lab study on the effect of Elon Musk’s moves on cryptos, there was an average 3 percent increase in prices for each of the 47 events after his tweets were posted. Moreover, whenever there is an immediate and large spike in prices, there is another 45-minute price surge that follows soon after.

Fact Check From Community Notes?

In response to his post about Dogecoin, Elon Musk tweeted „Fact check me @CommunityNotes“. This could be related to some new feature introduced on Twitter where people receive a heads up if Community Notes start showing up on their replies or retweets; giving them extra context they might otherwise miss out on.

Conclusion

This article discussed how Elon Musk’s recent tweet about Dogecoin caused its prices to surge along with other cryptos such as Shiba Inu; emphasizing his strong influence over investors‘ decisions when it comes to crypto assets like these two coins

Floki Explodes 500%! Is Now the Time to Invest?

• The total value locked on the Floki blockchain has surged by 71 percent in February 2023, flashing high adoption.
• FLOKI price is up by more than 200 percent and its valuations soared past $500 million for the first time, entering the top 100 cryptocurrencies.
• KuCoin recently announced listing of FLOKI, offering trading against USDT and USDC pairs to 27 million users.

Floki Price Soars 500% – Is Now a Good Time For Investors?

The memecoin Floki (FLOKI) has had an impressive run in the crypto market recovery of 2023, with its price surging over 200 percent this week and crossing $500 million for the first time in market capitalization.

Total Value Locked Increases 71 Percent

As FLOKI’s valuations soar, its native DeFi protocol FlokiFi Locker has also seen major milestones. The total value locked (TVL) on the Floki blockchain has shot up by an astonishing 71 percent since the start of February 2023.

KuCoin Offers Support for FLOKI

The recent surge in FLOKI prices comes shortly after Seychelles-based exchange KuCoin announced support for it. This means that 27 million global users can trade FLOKI against USDT and USDC pairs.

DOGE & SHIB Attract Attention from Investors

With DOGE and SHIB continuing to be popular amongst traders, investors are now taking notice of other memecoins like FLOKI as well.

Is It Time To Invest In FLOKI?

As crypto markets continue to recover in 2023, many investors may consider investing in memecoins such as DOGE, SHIB, and now even Floki. However, investors should do their own research before making any decisions.

Stellar Lumens Offers Millions to Developers with Soroban Fund

• The Stellar Foundation announced a $10 million awards program through its Stellar Community Fund (SCF) focused on the Soroban smart contracts platform.
• This fund will unlock new opportunities for businesses and developers interested in building DeFi protocols, first-wave tools, dApps, and educational resources.
• The SCF has helped the launch and growth of more than 4000 Stellar-based projects over the last five years.

Stellar Community Fund Launches $10M Awards Program

The Stellar Development Foundation (SDF) has announced a $10 million awards program through its Stellar Community Fund (SCF), focused entirely on the Soroban smart contracts platform. Starting next week on February 13th, the SCF will support developers to experiment with Soroban.

Unlock Opportunities For Businesses And Developers

The funding from this program will unlock new opportunities for businesses and developers interested in building DeFi protocols, first-wave tools, dApps, and educational resources focused on Soroban. Justin Rice, VP of Ecosystem at SDF said: We want to motivate developers to experiment with Soroban, and to join in the bootstrapping of a greenfield ecosystem. Soroban presents a wealth of opportunity for builders and we’re eager to see what people come up with, and to get their feedback as we continue to refine the platform in preparation for Mainnet launch.

Who Can Apply?

The SCF is open to a wide range of applicants including individual developers, startups, long-lived companies as well as community coordinators and educators.

Previous Success Of SCF

Over the last five years, the SCF has helped the launch and growth of more than 4000 Stellar-based projects. It has further expanded its funding capabilities by creating a $100 million Soroban Adoption Fund which will help developers build projects based on this platform.

Conclusion

The new funding from SCF will help push developers towards building innovative projects using Soroban’s capabilities. With access to financial rails and scale provided by this platform along with dedicated funds from SDF it becomes easier for businesses and individuals alike to leverage blockchain technology for their own use cases.

Earn Crypto Playing Video Games: Pikamoon is the Next Big Play!

• Pikamoon is a play to earn NFT metaverse game with its own token $Pika.
• The game’s token was created on two Blockchains – MultiversX and the Ethereum blockchain.
• To incentivize new players, the first 18,012 users will be gifted a first-generation minted NFT.

What is Pikamoon?

Pikamoon is a play to earn NFT metaverse game that allows users to collect their own little monsters which are used to battle other players in the Pikaverse. The Pikaverse is the game’s metaverse and it’s divided into four regions – Water, Earth, Fire and Electric. Each Pikaverse region comes with specific types of Pikamoon which are moulded by the gods of that region. Players then make use of $Pika, which is the in-game token. This token is used in the marketplace to purchase health, powerups, weapon upgrades, land and more. This allows the user to complete quests, go on missions and more.

What Makes Pikamoon Unique?

The Pikamoon adventure stands out for several reasons as it is significantly different from other play to earn games out there. For starters, the game’s token was created on two Blockchains – MultiversX and the Ethereum blockchain. This was done to maximize the benefits both blockchains offer and are seamlessly integrated into the game’s wallets for players. In addition, the Pikamoon adventure gets to enjoy not just Blockchain features for its token but also an awesome community backing each project .

Incentives for New Players

To incentivize new players,the first 18,012 users will be gifted a first-generation minted NFT .This NFT will allow players to battle their way up ranks ,which in turn will allow them earn more $Pika tokens .For potential investors and game lovers this is match made in heaven they shouldn’t miss .There are several people out there who regret missing early days of Bitcoin ,ETH ,Doge etc .Now ’s golden opportunity land next big play earn coin free simply doing something you love -playing video games .

Play To Earn Is Next Big Industry

For several years ,it seemed gaming industry had hit its peak until now when Play To Earn Games have started making waves & creating buzz around themselves .These games are gaining popularity day by day due their attractive incentives & rewards structure which makes them stand apart from traditional online gaming experiences .Players get rewarded with real money or cryptocurrencies while playing these games thus making them even more appealing than before & triggering investment opportunities too !

Conclusion

Play To Earn Games have become very popular recently due their attractive features & rewards structure .The launch of „Pikamoon“ has been generating lot of buzz & it has really lived up billing so far ! It makes use of two blockchains -MultiversX & Ethereum blockchain for seamless integration into wallet for players‘ benefit .It offers attractive incentives like gifting 1st 18012 users with 1st generation minted NFTs allowing them battle their way up rank & earning more tokens in process ! Thus ,it can be concluded that „Pikamoon“ truly is next big play to earn coin in market right now !