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The Kujira price tumbled 44% in the last 24 hours to trade at $0.3129 as of 04:15 a.m. EST on trading volume that skyrocketed 90% to $7.7 million. This severe drop was triggered by the liquidation of the Kujira Foundation’s operational wallet. The Foundation had taken on leveraged liquidity positions worth millions of dollars but failed to manage them properly on its own DeFi platform. The funds used in leveraged positions were intended to enhance liquidity and stimulate activity on their decentralized exchange (DEX). The team said in a post on X that it takes full responsibility for the incident and apologized for its impact on the token’s price. Before the liquidation, the Kujira price was trading in a sideways pattern, as KUJI consolidated around $1.04. In the last three days, KUJI has tumbled to trade in a falling channel pattern, fueled by the unraveling of the Foundation’s leveraged bets. Kujira Price Aims For A Bullish Trend Reversal The price of Kujira n...

Tre nding meme͏ co͏in͏s i͏n͏creasin͏gly focus on c͏ommu͏nity͏ en͏gagemen͏t and ͏creativ͏e͏ ma͏rketi͏ng s͏t͏rategi͏e͏s t͏o stand͏ o͏u͏t in a c͏ro͏wded ma͏rket. Baby Bonk’s inte͏gration of NFT͏s with ͏gaming͏ and͏ MA͏GA’s pol͏i͏t͏ic͏al͏ly͏-themed ͏ev͏ents show͏case t͏he diver͏se ap͏proaches ta͏ken by these͏ projects. Such initiativ͏es aim t͏o͏ foster loya͏l͏ ͏c͏om͏mu͏nities and drive adoption, cruc͏ial factors in ͏the͏ ͏su͏ccess of ͏meme coi͏ns. D͏espite their gro͏wing ͏sophis͏ticatio͏n, meme coin͏s re͏ma͏in a͏ highly specu͏lati͏ve a͏nd volatile͏ segment of͏ th͏e ͏cryptocurre͏ncy m...

Russia is reportedly set to swap two prisoners — a Wall Street Journal reporter and a former US marine — for a number of Russians held by the US and its allies, including the operator of the BTC-e crypto exchange, Alexander Vinnik. Bloomberg report ed today that journalist Evan Gershkovich and Marine Paul Whelan are en route to locations outside of Russia .  According to a report from Business Insider that cites state-run Russia n outlet TASS, Vinnik, Vladislav Klyushin, Vadim Konoschenko, and Maxim Marchenko, will be sent in the other direction and their names have now been removed from the FBI electronic database. Founder of crypto exchange BTC-e eyes prisoner swap with WSJ journalist Read more: No, Russia did not just lift its ban on domestic crypto use In May this year, Vinnik pleaded guilty to conspiracy to commit money laundering while working at BTC-e. He was responsible for the loss of around $121 million and encouraged criminals to use the platform to lau...

With Bitcoin hitting the $70K mark a few days ago, the altcoin market, including WIF, PEPE, and BONK, has responded positively to the development. Since then, the leading crypto has fallen to trade at $65K, but certain meme coins have crossed certain thresholds to claim new price highs. Dogwifhat (WIF), Bonk, and Pepe are no exception to this change. Here’s how these three meme coins are predicted to perform this August 2024. Also Read: Solana Weekend Price Prediction: Is SOL Heading Towards Claiming $250? August 2024 Price Predictions for WIF, PEPE, and BONK Image Source: Watcher Guru DogWifHat (WIF) Price Prediction For August 2024 DogWifHat is a dog-themed token launched on Solana. Since its inception, the token has gained a staggering 1097% and is currently trading at $2.01. According to notable crypto analytics platform CoinCodex, WIF may surge by a whopping 216% to hit the $6 price mark by the end of August. “According to our current Dogwifhat price prediction, the price of ...

The Gold Standard price has surged 60% in the last 24 hours to trade at $15.58 as of 6:38 a.m. EST on an 8% drop in trading volume to $6.5 million. Gold Standard Price Analysis: The Bulls Are Gaining Momentum Within The Bearish Channel The Gold Standard price is gaining momentum after the bulls faced resistance, which allowed the bears to ride the bearish momentum.  The price has bottomed out within a bearish pennant, with the bulls driving the price upwards in a rebound around the $8.43 support zone. This move has limited further gains for the bears. BAR/USDT Analysis (Source: Dextools.io) Additionally, the Gold Standard price accumulates near the channel’s upper trendline, suggesting that bullish investors might push the price above it.  If the bulls keep up their momentum, they could establish a strong technical foundation and potentially spark a rally that takes the price above the channel. Even though it faces resistance at the channel’s upper...

Despite some great news flocking the non-fungible token sector in the past few weeks, the non-fungible token market has again tanked in trading sales volume. The recent crypto market data Analysis shows that the non-fungible tokens have fallen more than 30% in trading sales volume in July. In this article, we shall assess the full state of the NFT market in the past 30 days as well as what traders should expect in the coming August: Last week, Luca Netz, the creator of the popular Pudgy Penguins non-fungible token collection, announced that they’ve raised $11 million for their upcoming Abstract L2 network, highlighting that Pudgy Penguins will be the mascot for all of crypto, not just NFTs. The Doodles also wowed the NFT space last week with the release of their new Dullsville and the Doodleverse trailer and followed it up with the announcement of Doodles TV and Doodles Records. Pudgy Penguins is cryptos mascot. 🐧 https://t.co/xHiM54oAij — Luca Netz 🐧 (@...