Shiba Inu’s Shytoshi Kusama teases major game-changing
Shytoshi Kusama, the pseudonymous leader of Shiba Inu, recently took to his “Shibarium Tech” Telegram channel to thank the SHIB community. Although Kusama did not specify what exactly he was grateful for, the most likely reasons were the patience and support given to the SHIB team. This was not the only intriguing message from the SHIB leader; Lucie, the Shiba Inu team’s official marketing expert, drew the community’s attention to Kusama’s recent teaser about a “game-changing announcement” currently in the works. However, he added that he would be very upset if the community started to FUD it (“FUD” means “fear, uncertainty, doubt”).
Cardano (ADA) Reaches Highest Level Since 2022, But There’s a Catch
Last Sunday, December 10, was marked as an outstanding day by members of the Cardano community, as ADA, the native token of Cardano, reached its highest level since the summer of 2022. The coin managed to spike to a high of $0.633. Along with the rally, market observers could also see an increase in trading volume, indicating that investor interest and market activity around ADA is on the rise again. For seasoned investors, however, this spike comes with a familiar warning: a spike in social chatter typically signals the start of a profit-taking period. At the time of writing, ADA is changing hands at $0.5509, down 6.39% over the past 24 hours, according to CoinMarketCap.
Solana Surpasses Ethereum in NFT Sales
There have been some new faces in the blockchain landscape for NFT sales. Ethereum has long held the lead in the NFT market, but recent data reveals Solana‘s ascending trajectory. According to information provided by CryptoSlam, Solana’s sales volume recently surpassed that of Ethereum, reaching nearly $16 million after a 2.78% increase. This increase occurred despite a broader market decline, with Ethereum experiencing a notable 22.70% drop in sales. In contrast to Solana’s nearly $16 million in revenue, Ethereum’s revenue dropped to $11.4 million.
