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Showing posts with the label speculation

Shiba Inu: Will SHIB Be Accepted On Elon Musk's X?

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Elon Musk’s X social media platform will launch a new payment feature. While many are speculating that Dogecoin (DOGE) will appear in the new feature, others wonder if DOGE’s rival, Shiba Inu (SHIB), will also be included. Also Read: Shiba Inu (SHIB) &, Dogecoin (DOGE) Price Prediction For September End 2024 Will SHIB Be Included On Elon Musk’s X? Source: Twitter Shiba Inu (SHIB) And Its Market Position Shiba Inu (SHIB), DOGE’s primary rival, is one of the most popular cryptocurrencies in the market. DOGE has the advantage of being the first meme coin, but SHIB has impacted its four-year history. Elon Musk’s Support For Dogecoin (DOGE) Many assume that DOGE will be included in X’s payment feature, given that Elon Musk is an avid fan of the meme coin. Musk has showered support for the coin on various instances and enabled DOGE payments for Tesla merchandise. Also Read: Best Crypto Exchanges in Colombia Musk’s Space X program is also working on a ...

Uniswap founder burns $650B HayCoin against speculation

Uniswap's Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation. Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days. Adams deployed the HAY token for testing five years ago, before the launch of the decentralized protocol Uniswap. He created a small test liquidity pool with a tiny fraction of the total supply and kept over 99.9% of HAY tokens in his wallet. Just a few weeks ago, the token was trading like a memecoin in the six-figure range: "Over the years, a few people have noticed it and bought it as a joke/for the novelty of it. Was extremely surprised to see people buying and selling significant dollar amounts this past week, treating it like a memecoin. Crypto can be weird sometimes." Five years ago, befor...