Ethereum, the blockchain that supports the second-largest cryptocurrency, Ether (ETH), has completed a significant upgrade known as the Shanghai upgrade, or Shapella upgrade, on Wednesday. This upgrade allows Ether holders to withdraw their locked-up coins that were staked for rewards. The Shanghai upgrade is the most significant transition for Ethereum since its “Merge” upgrade last year, which changed the way the blockchain operates.

Shanghai Upgrade Solves the Merge Problem

A problem arose after the “Merge” upgrade, as holders who staked their Ether were unable to unlock their coins, creating liquidity concerns for some Ether holders. According to David Lawant, Head of Research at FalconX, as of Wednesday, the percentage of staked Ether in relation to the total supply of the coin was approximately 15.6%. This figure is notably lower compared to other competitors of Ethereum (ETH), such as Solana (SOL), Avalanche (AVAX), and Polkadot (DOT), where the percentage of native coins being staked ranges from 40% to over 70%. This observation highlights the comparatively lower rate of staking activity within the Ethereum network, indicating potential differences in investor behaviour and sentiment among different blockchain ecosystems.

The Shanghai upgrade would not only solve this problem but also potentially encourage more investors, particularly institutions, to participate in staking, Lawant said. However, staking is not without risks, as validators may face penalties and have some of their staked coins removed if they go offline or validate incorrect transactions. The process of unstaking Ether takes time, despite the Shanghai Upgrade being a success. Investors who wish to withdraw their original coins and rewards need to go through a queue, and the processing time depends on the number of withdrawal requests being processed simultaneously.

However, QCP Capital analysts hold a less optimistic view on the potential bullish scenario for the Shanghai upgrade. According to their analysis, Ether holders who are among the first in the withdrawal queue may choose to sell their coins, while those who are further back and unable to unstake their coins immediately might opt to hedge their positions through perpetual futures and other derivatives. This could potentially result in bearish price action, as different strategies are employed by Ether holders based on their position in the withdrawal queue.

Reliance on Lido For Liquid Staking Diminished

Lido DAO (LDO), a popular liquid staking solution for Layer 1 chains like Ethereum, has experienced a major decrease in activity in recent days. The platform gained widespread attention and adoption when Ethereum mainnet merged with the P-o-S Beacon chain, leading to a rise in the price of LDO, which reached highs of over $3 in a short period of time.

However, with the imminent withdrawal of locked ETH on the horizon, it seems that the reliance on the liquid staking platform has diminished considerably. Traders had previously staked their ETH, which was locked with ETH 2.0 smart contracts, into other protocols using the Lido platform, which allowed these tokens to be converted into a liquid form. But with the upcoming Shanghai upgrades, users will no longer be required to use Lido for liquidation of their assets.

Big Eyes Coin To Conclude Presale on June 3

Despite the market’s volatility, the Big Eyes Coin (BIG) project continues to garner attention and support, with investors eagerly anticipating the launch of its token on an exchange. The team behind Big Eyes Coin has confirmed that the presale will end on June 3rd. The digital asset has already made history, becoming the largest meme coin presale to date with over $33 million in funds raised, which has impressed many investors. This achievement highlights the growing interest in meme-inspired cryptocurrencies and underscores the potential for such projects to attract significant investment and support from the cryptocurrency community.

The Big Eyes Coin (BIG) team has just unveiled their biggest and best bonus code yet, and it’s ready for you to use! With the code “END300”, you can redeem an incredible 300% bonus for a limited time only. This means that $1,000 will now buy you $4,000 worth of BIG tokens! As we approach the launch of Big Eyes, now is the perfect time to kickstart your bull run with this exciting project.

Purchasing BIG tokens during the presale has never been easier, as you can use various cryptocurrencies including Bitcoin, Ethereum, Binance Coin, USDT-TRC20, USDT-ERC20, BUSD, and DOGE. And if that’s not enough, very soon you will also be able to use TRX. Keep track of your tokens on the dashboard, and once the presale ends, you will be able to redeem them from the dashboard to the wallet you made your purchase from.

Big Eyes Coin (BIG)

 Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Opensea: https://opensea.io/collection/big-eyes-lootbox-cards

In recent years, meme coins have gained traction in the cryptocurrency market, introducing a lighthearted aspect to a traditionally serious industry dominated by prominent players like Bitcoin and Ethereum. Despite their origins rooted in humor, meme coins such as Dogecoin and Shiba Inu have gained immense popularity and have become a significant presence in the crypto landscape.

With the launch of Big Eyes Coin (BIG), a new meme coin with a cat theme, investor interest has already been piqued even before its official release. The project has demonstrated impressive performance during its presale phase and is slated to launch on exchanges on June 3, 2023. Given the potential success of BIG’s launch, it is worthwhile to compare its prospects with those of well-established meme coins like Dogecoin and Shiba Inu.

Big Eyes Coin Presale Nearing Its End: A Promising Investment Opportunity

Investors were attracted to Big Eyes Coin’s project roadmap and investment potential, as it seeks to build a simple ecosystem that facilitates DeFi functionalities. During the presale, the coin raised over $33 million, attracting investors and enthusiasts who wanted to invest early in a solid opportunity. The presale’s success can be attributed to the generous incentives offered to the community members, such as the END300 bonus code, which provides investors with up to 300% more BIG tokens on their purchases.

Despite its cat theme and community charm, Big Eyes Coin has a comprehensive ecosystem that includes NFTs and DeFi projects. Furthermore, the project has committed 5% of its liquidity to charitable causes, demonstrating its commitment to protecting the environment.

Dogecoin: The Dominant Meme Coin Ruler

Dogecoin was originally created as a humorous attempt to add a lighthearted touch to the serious world of cryptocurrencies, which was dominated by coins like Bitcoin and Ethereum. However, since its introduction in 2013, the token has evolved from a mere joke into a legitimate investment opportunity.

The acceptance of Dogecoin as a form of payment is also growing, and it now boasts the support of high-profile figures like Elon Musk. In fact, when Musk recently replaced his Twitter profile picture with the Dogecoin icon Shiba Inu, the token’s value surged by more than 30%.

Moreover, Dogecoin is gradually building its own ecosystem that can support dApps and cater to DeFi projects.

Shiba Inu: The First Cryptocurrency To Compete Against Dogecoin

Every meme coin that came after Dogecoin aimed to capitalize on its popularity in some way. Shiba Inu is a meme coin that is quite similar to Dogecoin, not just in terms of its logo, but also in its tokenomics.

The announcement of the upcoming launch of Metaverse, Shiba Inu’s virtual world, has contributed to a surge in SHIB’s price, as well as rumors of token burnings.

As of now, SHIB has a market capitalization rank of 14th and is valued at $0.00001139.

The Importance Of Investing In Big Eyes Coin And Why It’s Urgent To Take Action

Big Eyes is a meme cryptocurrency that doesn’t share the same shortcomings as its major counterparts such as Dogecoin and Shiba Inu. Its total supply is restricted to 200 billion, which is significantly lower compared to DOGE and SHIB’s vast supply. With its scarcity and ecosystem that intends to shift wealth from the conventional financial system to DeFi, BIG has the potential to become a valuable utility.

The strong presale of Big Eyes Coin demonstrates the investors’ trust in the initiative. However, the window to invest in Big Eyes Coin is closing rapidly. This presents a golden opportunity to participate in the Big Eyes Coin project and boost your cryptocurrency investment portfolio.

Find out more about Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

The wait is nearly over for followers of Dogetti (DETI). On the 20th of June, the young cryptocurrency will go live in what it hopes will be one of the most successful crypto launches of recent times. It joins the expanding family of meme coins with strong aspirations of overtaking them and establishing itself as one of the hottest altcoins on the market.

So that prompts the question: will Dogetti be a success?

Let’s have a look at the factors for and against.

Meme Coins Are Growing In Popularity

Meme coins have emerged as a type of alternative digital currency that is typically created via crowdfunding or user-generated minting. Often conceived as a satirical response to other coins or viral memes, meme coins rely heavily on their novelty factor rather than underlying technology or practical utility to drive value.

Unlike utility tokens, which are designed to serve a specific function such as staking or payment, meme coins are primarily traded on exchanges. They appeal to retail investors for their humorous take on current events, and for their affordability which allows for large-volume purchases without significant financial risk.

The pandemic-induced surge in online activity and meme culture has contributed to the growing popularity of meme coins, which are widely viewed as a way to inject some levity into the often serious world of finance.

This is where Dogetti has shone with its use of memes. It cleverly utilises the language around family often seen in the literature concerning organised crime families to evoke a sense of brotherhood and loyalty. It’s an effective method that casts the new altcoin in a fun light but one where those who join can feel as though they are part of something.

Dogetti Has A Strong Sense Of Community

Dogetti’s sense of community is its strongest selling point. Dogetti sets a compelling example of a cryptocurrency built on a community-centred framework. Crypto fosters a strong sense of kinship among its members, positioning them as part of the Dogetti family. The project’s unique approach combines a lighthearted interpretation of crime family tropes with an ecosystem that reinforces the importance of loyalty and familial ties.

DETI’s transaction tax rate stands at 6%, and the project distributes this fee in three ways. Two percent of the tax goes to those who hold DETI tokens, while another 2% goes to a charitable cause chosen by members. The remaining portion is allocated to liquidity and token burning.

Moreover, Dogetti takes member engagement to the next level by incorporating them into its decision-making process. The platform empowers its community by giving them a say in key project initiatives.

This underlines how the real driving force behind meme coins is the sense of community and solidarity they create. For many investors, buying into a particular meme coin is a way of showing support for a specific group or cause, and the excitement generated by this collective engagement can further fuel the coin’s value.

Dogetti will not be immune to stormy market seasons and it’s unclear whether it has the resilience to survive this. There are established altcoins and cryptocurrencies which have endured bearish markets by retaining a large reservoir of investor trust. Dogetti has not yet displayed this resilience as it hasn’t been tested in the crypto market. Therefore there’s no guarantee that it will have the enduring resilience to be one of the most successful altcoins in recent times.

For more information on Dogetti, please see below:

Dogetti (DETI)

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

The crypto world has found its new blue chip project in TMS Network (TMSN), which has ballooned 2400% in just two months of its launch.

TMS Network (TMSN) has raised more than $4 million in the first two stages of its presale, and bulls are pumping more money into the project for better gains. Other crypto projects, like Optimism (OP) and Aptos (APT), have failed to make any impact.

Optimism’s (OP) Market Capitalization Sinks

One of the best gainers in 2023, Optimism (OP), has lost its momentum. Optimism (OP) hit the headlines at the beginning of the year when it rallied about 200% in the last week of January. Moreover, the market capitalization of Optimism (OP) also shot up manifold to reach over $900 million by mid-March. However, Optimism (OP) has been declining and losing its market value since last month. At present, the market capitalization of Optimism (OP) has dropped to $715 million. According to experts, Optimism (OP) has failed to attract new users, and retain the existing ones due to the absence of any significant development on the network. Currently, Optimism (OP) is changing hands at $2.28.

Aptos (APT) Releases New Update

With the objective of repeating its recent ballistic rally, Aptos (APT) has released a new update. With the AIP-17 update, Aptos (APT) aims to reduce gas fees and execution costs, and wants to attract new users to the platform. Aptos (APT) has been actively involved in upgrading its network for the past few months. Subsequently, the market value of Aptos (APT) has received a push too. The price of Aptos (APT) is up by 8% on the monthly price chart. Currently, Aptos (APT) is available to trade at $11.40. However, this seems to be a negligible growth compared to Aptos’ (APT) 400% growth price rally in January. Some analysts fear that Aptos (APT) might have lost its steam, and may not be able to match its January 2023 value of $19.90.

Whales Pump Millions In TMS Network (TMSN)

TMS Network’s (TMSN) historical growth rate during its presale round has created massive optimism in the crypto world. It is the only Web3-powered platform that enables the trading of derivatives using cryptocurrencies as payment. Futures, stocks, CFDs, cryptocurrencies, and Forex, among other digital assets can be traded on TMS Network’s (TMSN) hybrid infrastructure. Also, people are not required to open a new trading account to transact on the network.

TMS Network (TMSN) has implemented the STP (straight-through process) mechanism to ensure accuracy and smoothness in transactions. TMS Network (TMSN) allows users to send their orders directly to liquidity providers under the guidance of smart contracts.

It eliminates the possibility of fraud or price manipulation, and makes the process tamper-proof. Additionally, all transactions on the platform are noted on a decentralized public ledger. TMSN tokens will power the TMS Network (TMSN), and its holders will receive discounts on trading fees, voting rights, and access to the social trading club.

Additionally, TMS Network (TMSN) token holders get to earn more with its revenue-sharing model. The platform charges a small transaction fee, and distributes the revenue arising from it among all TMSN holders. Due to its superior scalability, TMS Network (TMSN) provides faster transactions at lower costs than other leading blockchains like Ethereum.

Whales have been accumulating a large sum of TMSN tokens, and its price has increased from $0.003 to $0.075, showcasing a whopping 2400% growth. So, hurry and do not miss out on the opportunity of earning millions in a few months.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io