Cryptocurrency news: PEPE futures, Slothana listing and other market events

Bitcoin’s halving has become the impetus for cryptocurrencies to start recovering from the drawdown caused by geopolitical instability. While BTC is trading at $66.5 thousand, some altcoins are significantly ahead of it in terms of growth dynamics. In the article – about which coins are now attracting the attention of investors.

Slothana may be listed as early as April

The new meme token Slothana, created on the popular Solana blockchain and scheduled to be listed in the next few days, is showing impressive results. During the pre-sale, more than $15 million was raised.

Such demand for the new coin is due to several objective reasons at once. First, the Solana ecosystem provides unlimited opportunities for the development and expansion of the project. In addition, Slothana’s predecessor – SLERF – reached a capitalization volume of $170 million in a short time.

Not surprisingly, the SLOTH token was included in the list of top 5 cryptocurrencies to buy (according to the team of the analytical service 99Bitcoins) and received high praise from famous crypto bloggers Austin Hilton and ClayBro. The coin can still be purchased at a pre-listing price (1 SOL = 10,000 SLOTH) on the project’s website.

After the success of DOGE20, new cryptocurrency Dogeverse raises $10 million in funding

The digital community’s attention to “dog” memes continues to grow. Proof of this is the recent 101% increase in the value of the Dogecoin20 coin in the first hours after listing on Uniswap, which once again reinforced investors’ belief in the potential profitability of meme tokens. In another crypto startup, Dogeverse, users have invested over $10 million in just a few weeks of presale.

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However, Dogeverse is not just another asset from the DOGE universe. The token outperforms its competitors thanks to its unique abilities, chief among which is the option to switch from one blockchain to another. The new cryptocurrency will support 6 of the most popular networks (Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base).

The creators of the unique multichain token plan to include it in the listing of the largest platforms DEX and CEX, and the holders of the coin will be able to receive passive income from “honest” steaking based on smart contracts. Right now, the value of 1 DOGEVERSE token is $0.000301, but the increase is less than a day away.

Coinbase plans to launch futures on the popular meme token

Meanwhile, representatives of the well-known crypto exchange Coinbase announced the launch of open-ended futures on PEPE. In this way, the platform expands its crypto derivatives offering, providing traders with even more opportunities for hedging and leveraged margin trading.

This move will allow Coinbase to diversify the instruments offered and demonstrate to its customers that the platform is responsive to their requests. Pepe continues to show growth over the last 24 hours, and over the previous week the token managed to soar by almost 34% and took third place in the ranking of meme assets with the largest capitalization, moving Dogwifhat.

Author: Saifedean Ammous, an expert in cryptocurrency economics.