And indeed, the non-fungible token (NFT) market is resurging! In just a few months, it has captured the imagination of investors, creators and enthusiasts. As further evidenced by recent data, we have witnessed a massive uptick in sales volume and buyer activity on multiple blockchain networks. This increase can be...
Let's cut to the chase. A billion dollars. Remove all the capitalization and Suilend’s TVL isometric score is still yelling from the Sui blockchain rooftops. Is this really a shining example of DeFi innovation? Or is it just a beautifully planned hype machine fueled by the ‘next big thing’ story?...
Let's talk about Liquidity Provider (LP) tokens. You might have heard the hype, perhaps even waded in yourself. They’re the backbone of decentralized finance (DeFi), non-fungible tokens (NFTs) that represent your portion of a liquidity pool on a decentralized exchange (DEX). Deposit crypto, get LP tokens, earn fees. Simple, right?...
Could PENGU be the secret weapon that unleashes the enormous financial power of Africans? Maybe. And that’s a very good question to ask, particularly when current systems are unable to deliver such opportunities. Cut through all the noise — welcome to real impact.NFTs: More Than Just JPEGsNFTs are more than...
The markets for cryptocurrency and NFTs have been accordingly tumultuous. More recently, the ecosystem built around the PENGU token and Pudgy Penguins NFT (non-fungible token) collections have garnered favor among investors and enthusiasts alike. Over the past few weeks, PENGU has been on an amazing price run. Coinciding with this...
Historically, PENGU tokens have recently seen a major price jump of up to $0.01450 at the time of writing on Saturday, June 28. This jump coincides with a rebound in Pudgy Penguins' non-fungible token (NFT) sales and a notable decrease in the token's supply. The price shot up 52% from...
It’s time for the penguins to waddle back into the spotlight. Pudgy Penguins, that is. We've seen the headlines: PENGU token price surging, NFT sales rebounding, whales scooping up tokens. But before you dive headfirst into this icy pool, let's ask a crucial question: Is this a genuine thaw in...
Liquidity Provider (LP) tokens have grown to be essential assets in the rapidly advancing ecosystem of decentralized finance (DeFi). They are required for the seamless functioning of decentralized exchanges (DEXs) and other DeFi lending platforms. This article aims to demystify LP tokens for beginners, explaining their functionality, benefits, and risks,...
That $125 million increase in NFT trading volume. It goes beyond the graphical interface you see. It’s a mighty revolution that’s brewing, particularly for Africa. What we are witnessing is a 10% increase. This seismic shift holds tremendous potential to create a new creative ecosystem that supports artists, musicians and...
The global Non-Fungible Token (NFT) market is recovering with renewed positivity. During the last week, sales volume jumped 10% week-over-week. This surge amounts to more than $127 million in trading activity, indicating a possible resurgence in the digital asset space. Immutable is at the forefront of this growth, with a...