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Showing posts with the label layer-2 blockchain

DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing

A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it’s adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products. According to Coinbase, customers can now buy, sell, covert, send, receive, or store WELL and ZK starting today. News of the listings sent both WELL and ZK flying, as the duo of assets saw respective gains of 31.22% and 4.21% on the day. WELL is trading for $0.0389 at time of writing while ZK is valued at $0.142. ZKsync launched in 2020 and uses zero-knowledge (ZK) cryptography to increase ETH’s transaction speeds, lower its costs, and maintain its decentralized and secure nature. ZK proofs are a way to validate the truth of a specific statement without revealing data about the statement itself. Moonwell is a crypto ...

Pepe Price Prediction As Whale Bets Big On PEPE And This Pepe Derivative ICO Goes Ballistic

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The Pepe price edged up 1% in the last 24 hours to trade at $0.000007555 as of 7:38 a.m. EST as some investors start to accumulate the frog-themed token. This slight uptick in the PEPE price follows a large withdrawal of the meme coin from Binance. Someone created a new wallet and withdrew 292.97B $PEPE($2.17M) and 273,267 $WLD($391K) from #Binance in the past 20 minutes.https://t.co/6fN9VpX6TX pic.twitter.com/1vvsjxP4oQ — Lookonchain (@lookonchain) September 2, 2024 On-chain tracking platform Lookonchain flagged the massive transaction in a Sept. 2 X post, noting that a crypto whale withdrew 292.97 billion PEPE worth $2.17 million at the time to a new wallet address, suggesting the whale is a long-term holder. The Pepe Price Challenging A Major Resistance Level 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price is attempting to overcome the major resistance level at $0.000007727. Should the meme coin overcome this technical barrier, it could have the fou...