DogeCoin (DOGE) Overtakes Terra (Luna) As The World's 10th Largest Cryptocurrency

In terms of market capitalization, Dogecoin (DOGE) has surpassed Terra (LUNA) to become the tenth largest cryptocurrency. The switch follows the accompanying drama in the Terra ecosystem, which has seen the price of the LUNA tank plummet in recent days. LUNA has dropped 28.16 percent in the previous week and is now trading at more than 50% below its all-time high set in December.

The battle for supremacy between DOGE and LUNA continues to heat up. According to CryptoRank, Dogecoin has surpassed Terra (LUNA) in market capitalization once again. DOGE has a market cap of roughly $18.22 billion, while LUNA has a market worth of around $18.20 billion.

Market participants, on the other hand, are pointing out that the switch was caused by a panic selloff in the LUNA market, not by a boom in DOGE. In the last seven days, the price of DOGE has increased by 1.04 percent. In the same time period, however, LUNA has dropped 28.16 percent. According to Krypto Tribe tracker Santiment, the depletion has been linked to a selloff in the Frog Nation group of DeFi 2.0 ventures, which includes Abracadabra.money, Popsicle.finance, Wonderland.money, and the newest member, Sushi.com.

The association comes from Terra’s popular multi-chain algorithmic stablecoin, Terra USD (UST). The Terra blockchain uses stablecoins to run its payments system and uses the LUNA token to stabilize the worth of the protocol’s algorithmically-backed TerraUSD stablecoin, UST. Since it had been discovered that Michael Patryn, one among the co-founders of the Wonderland (TIME) protocol, has been linked with fraud within the past, the costs of all the Frog Nation tokens are falling and are pulling LUNA and UST along.

Will DOGE be able to maintain its lead for much longer?

At the moment, very little separates DOGE from LUNA. The memecoin however holds a lot of promise in 2022. Several developments are planned for the Dogecoin blockchain even as DOGE has been getting more adoption from institutional investors. The memecoin started getting accepted for Tesla merchandise this year. Elon Musk also recently urged the McDonald’s fast-food restaurant chain to accept DOGE.

With all the adoption DOGE has been seeing, it may be possible for the memecoin to hold its position above LUNA. Regardless, LUNA may not stay down for long and may surpass DOGE again. According to the founder of Terra, Do Kwon, the supply of UST could increase significantly over the next 12 months. Kwon, while highlighting several factors that could increase UST to surpass its previous ATH, added that this could have an overall positive impact on the price of LUNA.

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Johnny Depp Earns Money By Selling NFTs

American actor, film director, musician, screenwriter and producer Johnny Depp also draws. He is going to sell 11,111 of his own paintings in the form of unique NFT tokens. Among them will be portraits of his friends and people who inspire Depp. 📌 After Johnny Depp disappeared from movie screens, the actor found a way to express himself in a new way. And at the same time to make money, because movie companies are in no hurry to sign new contracts with him. 📌 Anyone can buy digital copies of portraits of Heath Ledger, Tim Burton, Elizabeth Taylor, Marlon Brando and Hunter Thompson, Depp himself as well as his daughter Lily-Rose Depp, the dog Moo and the character Banniman invented by the actor's son. Each lot is a finished portrait created from Depp's original artwork and then embellished and further animated. 📌 Depp has been painting for a long time, but was shy about showing the work to the public.

Amitabh Bachchan Is the Unknown Crypto-King, Turning 1.6 Crores into 112 Crores!

Many people are fascinated by the Cryptocurrency craze, while others are baffled by the process of investing. Although it was already well-known in the west, Indians have recently expressed an interest in it. Many people have success stories about how they made a lot of money by investing in blockchain technology. Previously, Amitabh Bachchan invested Rs 1.6 crore and turned it into Rs 112 crore in just one year. It is a decentralised digital currency that may be sent from user to user on the peer-to-peer bitcoin network without the need for middlemen, without the requirement for a central bank or single administrator. According to reports, it was created in 2008 by an unknown person or group of persons who went by the name Satoshi Nakamoto. Amitabh Bachchan Once Turned His Investment Of Rs 1.6 Crore Into 112 Crore By Investing In Cryptocurrency (photo credit- google) According to the Economic Times, Amitabh Bachchan and his actor/son Abhishek Bachchan invested around $250,000 (Rs 1.

The stolen $750 million in Bitcoin (BTC) from the Bitfinex hack in 2016 is on the move.

A large amount of Bitcoin is on the move, which was previously linked to the 2016 Bitfinex exchange hack. Recently, the popular Twitter handle Whale Alert reported two such incidents in which Bitcoins worth more than $750 million were transferred to an unknown wallet. According to a recent report, more than 20,000 Bitcoins were moved in two separate transactions of 10,000 BTC each. This is the second time in the last year that hackers have moved funds stolen from the Bitfinex hack in 2016. At the time, 119,756 BTC were stolen from the exchange, causing the market to crash. Last year when Bitcoin was trading at its all-time high in mid-April 2021, the hackers had moved the first batch of Bitcoins worth $750 million. Will This Affect the Price of Bitcoin? It will be interesting to see if this move adds to the volatility of the Bitcoin price. Nearly 20% of the total Bitcoin stolen has been moved by hackers. While most exchanges have made it impossible to cash out stolen exchanges, hackers

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