Ethereum (ETH) Surge Drives 15% Increase in Shiba Inu (SHIB), Furrever Token (FURR) Eyes Up to 15X ROI
The post Ethereum (ETH) Surge Drives 15% Increase in Shiba Inu (SHIB), Furrever Token (FURR) Eyes Up to 15X ROI appeared first on Coinpedia Fintech News
In the wake of Bitcoin’s halving, the cryptocurrency market witnesses a significant resurgence, with Ethereum (ETH) leading the charge with a notable surge, catalyzing a 15% increase in the value of Shiba Inu (SHIB). Amidst this dynamic landscape, a new player emerges with promising prospects—Furrever Token (FURR). Positioned as the next big meme coin, FURR sets its sights on capturing investors’ attention with its potential for up to 15X return on investment (ROI). As Ethereum’s rally reverberates across the market, FURR aims to leverage this momentum to carve out its niche in the ever-evolving world of cryptocurrencies.
Ethereum’s Mystery: Dormant Wallet Awakens Amidst 1.5% Surge
The recent Ethereum (ETH) price surge to $3,215.20, marking a 1.5% increase, coincides with the reactivation of an ancient wallet that was dormant for 8.7 years. Holding 197 ETH worth $622,685, this wallet’s revival has ignited speculation within the crypto community. While some theorize about rediscovering lost keys, others suggest strategic inactivity. The wallet’s anonymity and extended dormancy deepen the mystery, leaving its sudden surge largely unexplained.
As Ethereum surpasses $3,000, a significant withdrawal of 10,119 ETH ($31.83 million) from Binance signals potential market interest. The whale behind the withdrawal has been accumulating ETH since April 8, purchasing 127,388 ETH ($405.19 million) across DEXs and Binance at an average price of $3,172 per ETH, hinting at a bullish sentiment.
In another development, an Ethereum whale, who initially bought 33,213 ETH during the 2015 Genesis ICO, recently sold a portion of their assets. The whale deposited or sold about 5,110 ETH at $2,545 per ETH via Kraken or DEX, still retaining around 29.7 thousand ETH ($89.4 million) across three wallets, primarily staking platforms.
Shiba Inu (SHIB) Surges: $12 Million Funding Round Fuels Momentum
Shiba Inu (SHIB) experiences a 1% price increase to $0.00002713, marking a 15% surge from last week, attributed to market resurgence post-Bitcoin halving. The Shiba Inu team, led by developer Shytoshi Kusama, announces the completion of a $12 million funding round at the Token2049 event in Dubai. The funding, raised through the sale of their new token, TREAT, to venture capital investors outside the U.S., includes both pre-seed and seed rounds. Notable investors include Animoca Brands, Polygon Ventures, and Mechanism Capital.
The investment will support the development of Shiba Inu’s blockchain technology and the implementation of its Layer 2 scaling solution, Shibarium. Funds raised through Shiba Inu Mint S.A. will primarily expand Shibarium, enhance security and compliance, and facilitate the launch of $TREAT on public markets later this year. Plans for a new token called Shi are also hinted at.
Shiba Inu’s ambition extends beyond crypto adopters, aiming to become the “meme center of the world” and evolve into a “social network state.” Strategic partnerships and initiatives, including acquiring a .shib top-level domain, are emphasized to achieve these goals. With influential figures invested in the project, Shiba Inu aims to make crypto more accessible globally by the end of the year.
Furrever Token (FURR): Paving the Way for Fun and Profit in the Crypto Space
Furrever Token (FURR) has swiftly risen to prominence among the multitude of meme coins, captivating investors with its unique proposition of delivering up to 15X returns following its presale. With a visionary mission to revolutionize the crypto landscape by infusing it with an irresistible dose of cuteness, Furrever Token offers users an enchanting and delightful experience centered around the universal appeal of adorable cat imagery. This refreshing approach, diverging from the seriousness often associated with traditional blockchain projects, has garnered significant attention and investment, propelling FURR into the spotlight.
The current price of Furrever Token stands at $0.000564, reflecting its promising potential for investors seeking both fun and profitability in the crypto space.
The tokenomics of Furrever Token are meticulously crafted to support its growth trajectory. With 65% of tokens allocated for the presale and strategic allocations for DEXs and the team, FURR’s structure is designed for sustainable development and community engagement. Having already raised over $1 million within just two months and nearing the completion of stage 7 out of its 10-stage presale, Furrever Token is on a trajectory to secure $1.9 million in funding, a testament to its growing popularity and investor confidence.
In addition to its presale success, Furrever Token’s accessibility is further enhanced by its planned launch on DEX (PancakeSwap), providing a seamless entry point for investors. Moreover, the token accepts a variety of payment options, including USDT (BEP-20), catering to a diverse range of investors.
Is Furrever Token (FURR) Legit?
Furrever Token prioritizes legitimacy and transparency, which is evident through its audited smart contract by Securi Lab. Despite team anonymity, FURR emphasizes accountability and plans for a PancakeSwap launch post-presale, showcasing commitment to community trust. Furrever Token fosters trust with tax-free trading, one-year token locks, and a vibrant Telegram community of 4,000. With visible engagement and admin support, FURR offers a promising investment in the evolving crypto space. Investors interested in Furrever Token can visit the official website at furrevertoken.com and reach out for support via the dedicated e-mail address at [email protected].
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