XRP Ledger User Accidentally Burns 10,000 Tokens, Elon Musk Praises El Salvador’s Impressive Achievements, SHIB Outperforms AVAX: Crypto News Digest by U.Today

Featured in:
abcd

U.Today – Take a look at the biggest cryptocurrency events with U.Today’s top three news stories.

Big mistake: Ledger user accidentally burns 10,000 tokens

As recently reported by XRPscan on the X platform, on October 18, a transaction on the XRP Ledger resulted in the burning of 10,000 Drop tokens. The incident sparked speculation among the community about whether the transaction was intentional. Thomas Silkjaer, director of analytics and compliance at InFTF, suggested the burn may have been a deliberate decision by the issuer, complicating the situation. As a reminder, Drop is a meme coin on the XRP ledger with a value of 0.000001 XRP. First Ledger’s post

sadasda

Elon Musk’s reaction to the president of El Salvador: details

Yesterday, El Salvador’s President Nayib Bukele visited the X Platform to share the latest statistics showing the improvement of various indicators in the country. The statistics included declines in crime, food prices and migration rates, as well as increases in rates in tourism and energy production. The indicators mentioned by the president included Bitcoin, marked with an up arrow; presumably this means either the amount of BTC a country has accumulated, or the value of its BTC holdings, or possibly both. Post X caused a reaction from Elon Musk himself, the world-famous centurion and head of Tesla (NASDAQ:). Commenting on Bukele’s post, Musk described El Salvador’s achievements as “extremely impressive.” Meanwhile, the price of Bitcoin has exceeded $71,000. BTC is currently changing hands at $72,128, up 0.69% in the last 24 hours, according to CoinMarketCap.

SHIB leaves AVAX behind, will ADA be next?

After Bitcoin’s incredible rally that saw the flagship cryptocurrency breach the $71,000 mark, many altcoins in the market followed suit and this was no exception. Yesterday, SHIB saw its price jump 11% and its market capitalization increased 9.3% to $11.02 billion, according to CoinMarketCap. These advances helped Shiba Inu flip (AVAX) in terms of market capitalization; As of this writing, Shiba Inu is ranked 12th on CoinMarketCap’s list of top cryptocurrencies. This achievement was highlighted by Shiba Inu Marketing Director Lucie in her post X; she also jokingly asked her followers, “Wen ADA?” probably hoping that one day SHIB will be able to surpass the token as well. Meanwhile, ADA ranks 11th, just ahead of SHIB.

This article was originally published on U.Today

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

Bitcoin Boom: Is BTC Bracing for Another 6X Rise...

Bitcoin is marching higher, exceeding $70,000 and $72,000 in the last two days, triggering a wave of...

Can SUI hit $2.18? Bullish pressure is heading towards...

SUI is gathering bullish energy as it heads towards a possible breakout, with a significant milestone of...

Bybit WSOT 2024 final match live broadcast: winners took...

Dubai, United Arab Emirates, October 30, 2024, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume,...

Crypto Analyst Says Bitcoin Price Is Nearing Strongest Part...

This article is also available in Spanish. Cryptocurrency analyst Tony Severino said this Bitcoin price ...

Blast Royale introduces $NOOB Low FDV (LCO) social offer...

Road Town, British Virgin Islands, October 30, 2024, Chainwire Blast Royale has announced the upcoming pre-sale of...

Dogecoin Indicators Reveal Increasing Network Activity – Is DOGE...

This article is also available in Spanish. Dogecoin (DOGE) recently surged over 39%, sparking renewed euphoria and optimism...