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 Avalanche inscriptions draw record user interest amid BRC 20 hype

Avalanche inscriptions draw record user interest amid BRC 20 hype


Published: 2024-01-15


1. Avalanche Inscriptions Draw Record User Interest Amid BRC-20 Hype - One of the main topics covered in the article is the surge of user interest in Avalanche inscriptions. Avalanche is a decentralized platform that allows users to create and launch their own blockchain-based assets known as BRC-20 tokens. The article highlights that there has been a remarkable increase in user activity and engagement on the platform,indicating growing enthusiasm for the technology. - The BRC-20 hype is another key topic discussed in the article. BRC-20 tokens are similar to ERC-20 tokens on the Ethereum blockchain,but they run on the Avalanche network. The article notes that the popularity of these tokens has skyrocketed in recent months,with more users and developers embracing the technology. This surge in interest has sparked discussions and debates about the potential impact of BRC-20 tokens on the blockchain industry. - Furthermore,the article highlights the significant role played by Avalanche in facilitating the creation and adoption of BRC-20 tokens. The platform's user-friendly interface and robust infrastructure have attracted a wide range of users,including developers,investors,and entrepreneurs. The article suggests that Avalanche's success in capitalizing on the BRC-20 hype has set a new standard for blockchain platforms seeking to encourage innovation and user participation.

2. The surge of user interest in Avalanche inscriptions signifies a growing trend towards decentralized blockchain platforms. Avalanche has positioned itself as a viable alternative to Ethereum,offering faster transaction speeds and lower fees. This appeal has enticed users to explore the possibilities offered by BRC-20 tokens,leading to increased adoption and engagement.

3. The rise of the BRC-20 token ecosystem on Avalanche highlights the platform's potential to disrupt the dominance of Ethereum in the blockchain industry. With more developers and projects migrating to Avalanche,the network effect is gaining momentum,with users excited about the possibilities and advantages that this new ecosystem can bring.

4. Avalanche's success in attracting users and developers can be attributed to its user-friendly interface and robust infrastructure. The platform's focus on ease of use and efficiency has made it an attractive choice for those looking to create and launch their own blockchain assets. This has resulted in a vibrant community that actively participates in discussions,collaborations,and the overall growth of the ecosystem.

5. As the hype around BRC-20 tokens continues to grow,it signifies a broader shift in the blockchain landscape. The increasing interest and adoption of alternative platforms like Avalanche indicate that users and developers are seeking diversity and scalability beyond the limitations of existing blockchain solutions. This trend may have far-reaching implications for the future of blockchain technology and its role in various industries. *Please note that the word count for each topic has not exceeded 250 words.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,324.99 1,202,194,150.61
2 ARS title=ARS 1,106.30 822,396,756.30
3 ETH title=ETH 3,076.45 511,642,400.02
4 SOL title=SOL 171.38 458,037,347.74
5 PEPE title=PEPE <0.01 182,038,757.44
6 BONK title=BONK <0.01 167,142,438.22
7 WIF title=WIF 2.53 143,151,333.90
8 DOGE title=DOGE 0.15 111,153,256.43
9 FTM title=FTM 0.85 82,293,303.63
10 LINK title=LINK 16.63 81,451,709.44
11 RNDR title=RNDR 10.10 73,157,750.16
12 BOME title=BOME 0.01 68,273,928.52
13 XRP title=XRP 0.51 57,356,649.87
14 RUNE title=RUNE 6.63 57,089,141.28
15 NEAR title=NEAR 7.86 56,029,862.39
16 CREAM title=CREAM 89.14 53,791,669.78
17 ENA title=ENA 0.71 50,374,099.83
18 ORDI title=ORDI 40.10 48,293,881.13
19 FLOKI title=FLOKI <0.01 45,895,623.79
20 BCH title=BCH 487.30 42,156,950.87
21 AVAX title=AVAX 35.79 40,495,939.12
22 RSR title=RSR <0.01 37,970,579.83
23 PEOPLE title=PEOPLE 0.04 36,395,506.61
24 PYTH title=PYTH 0.38 35,020,426.95
25 WLD title=WLD 4.72 33,770,424.15
26 ICP title=ICP 12.63 30,531,260.20
27 FIL title=FIL 5.56 29,858,449.04
28 AEVO title=AEVO 0.80 28,271,809.41
29 BLZ title=BLZ 0.28 27,352,999.44

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cream title=CREAM 89.14
+51.24
2 Harvest Finance title=FARM 79.40 +17.40
3 BinaryX title=BNX 1.08 +7.66
4 Ooki title=OOKI <0.01 +6.26
5 Phala title=PHA 0.20 +6.04
6 Unifi Protocol DAO title=UNFI 4.18 +5.23
7 Marlin title=POND 0.02 +4.57
8 Viction title=VIC 0.45 +3.64
9 Bitcoin Cash title=BCH 487.30 +2.59
10 Chainlink title=LINK 16.63 +2.43
11 OAX title=OAX 0.23 +2.18
12 Arweave title=AR 48.02 +2.15
13 Hive title=HIVE 0.32 +2.11
14 Akropolis title=AKRO <0.01 +1.79
15 AS Roma Fan Token title=ASR 3.73 +0.86
16 PAX Gold title=PAXG 2,406.00 +0.84
17 aelf title=ELF 0.53 +0.31
18 Pax Dollar title=USDP 1.00 +0.03

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Bluzelle title=BLZ 0.28 -14.63
2 Tensor title=TNSR 0.80 -12.80
3 Pyth Network title=PYTH 0.38 -12.51
4 Ellipsis X title=EPX <0.01 -12.02
5 Saga title=SAGA 2.07 -8.89
6 Manta Network title=MANTA 1.45 -8.25
7 Starknet title=STRK 1.06 -8.10
8 DIA title=DIA 0.46 -8.03
9 Celestia title=TIA 8.79 -7.86
10 Beta Finance title=BETA 0.06 -7.73
11 Lisk title=LSK 1.78 -7.47
12 Omni Network title=OMNI 13.76 -7.40
13 Fusionist title=ACE 4.52 -7.34
14 Alchemix title=ALCX 23.38 -7.26
15 Bounce title=AUCTION 13.71 -7.18
16 Hooked Protocol title=HOOK 0.77 -6.97
17 Pixels title=PIXEL 0.34 -6.92
18 Massive Protocol title=MAV 0.35 -6.85
19 Manchester City Fan Token title=CITY 3.13 -6.84
20 Decred title=DCR 19.41 -6.68
21 ForTube title=FOR 0.02 -6.64
22 Quickswap [OLD] title=QUICK 0.05 -6.56
23 Game title=GTC 1.14 -6.49
24 Mobox title=MBOX 0.33 -6.45
25 Polymesh title=POLYX 0.42 -6.31
26 Memecoin title=MEME 0.02 -6.25
27 Grok title=XAI 0.59 -6.23
28 Ethena title=ENA 0.71 -6.19
29 Rocket Pool title=RPL 18.35 -6.14
30 Cortex title=CTXC 0.32 -6.08

Bitcoin's Greed and Fear Index.

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72
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Microsoft faces multibillion dollar fine in EU over Bing AI 2024-05-19
2 Bitcoins 669K price holds strong casts doubts on a deep correction 2024-05-19
3 Phantom Wallet climbs Apple app store charts Bullish sign for Solana 2024-05-19
4 XRPL on chain transactions jump 108 in Q1 2024 2024-05-19
5 Venezuela bans crypto mining to protect power grid 2024-05-19
6 Bitcoin clings to 67K but analysis warns of 10 BTC price drop next 2024-05-19
7 Tornado Cash verdict has chilling implications for crypto industry 2024-05-19
8 OpenAI leadership responds to former employee safety allegations 2024-05-19
9 Microsoft faces multi billion dollar fine in EU over Bing AI 2024-05-19
10 Bitcoin039s 669K price holds strong casts doubts on a 039deep correction039 2024-05-19
11 Crypto personality pleads guilty to fraud after promising 60 fictitious returns 2024-05-18
12 Aussie admits to promoting BitConnect crypto services without a license 2024-05-18
13 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
14 Genesis Global secures court approval for 3B payout 2024-05-18
15 US authorities bust 73M crypto scam make two arrests 2024-05-18
16 AI safety researchers leave OpenAI over prioritization concerns 2024-05-18
17 What is the Ethereum ETH burn address 2024-05-18
18 LayerZero identifies over 800K addresses in sybil self reporting phase 2024-05-18
19 Godfather of AI advises UK government to start UBI 2024-05-18
20 US Treasury strategy would tighten virtual asset regulations increase AI use 2024-05-18
21 Tornado Cash founder sent to prison DeFis EU struggles Finance Redefined 2024-05-18
22 Ethereum price rallies above 31K after unexpected regulatory victory 2024-05-18
23 Blockchain gaming investments reached nearly 1B in April 2024-05-18
24 Crypto Biz Galaxy CoinShares Q1 results ETFs on the blockchain and more 2024-05-18
25 Alex Labs freezes 39M of exploited funds sent to CEXs after hack 2024-05-18
26 Ghana Singapore conduct trade in semi fungible token pilot project 2024-05-18
27 Changpeng Zhao teases writing project ahead of reporting to prison 2024-05-18
28 Crypto personality pleads guilty to fraud after promising 60 039fictitious039 returns 2024-05-18
29 Biden may rethink SAB 121 vote veto due to political support for crypto 2024-05-18
30 Over 80 of recent Binance token listings are bleeding red 2024-05-17
31 Binance exec denied bail in Nigeria money laundering trial 2024-05-17
32 Sony warns 700 AI devs music streaming companies against content misuse 2024-05-17
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40 French regulator warns investors Bybit provided services illegally 2024-05-17
41 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
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47 Memecoin launcher pumpfun claims ex employee behind 19M exploit 2024-05-17
48 DTCC Chainlink complete fund data tokenization pilot with US banks 2024-05-17
49 Altcoins a relatively huge risk as days of big returns are gone say analysts 2024-05-17
50 Reentrancy attacks in smart contracts explained 2024-05-16

US news that has a significant impact on the market

at news day date time
1 Fed Chair Powell Speaks Sunday 19-05-2024 20:30
2 FOMC Member Bostic Speaks Monday 20-05-2024 12:30
3 FOMC Member Bostic Speaks Monday 20-05-2024 13:45
4 FOMC Member Waller Speaks Monday 20-05-2024 14:00
5 FOMC Member Barr Speaks Monday 20-05-2024 14:00
6 FOMC Member Jefferson Speaks Monday 20-05-2024 15:30
7 FOMC Member Mester Speaks Monday 20-05-2024 19:00
8 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
9 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
10 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
11 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
12 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
13 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
14 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
15 Existing Home Sales Wednesday 22-05-2024 15:00
16 Crude Oil Inventories Wednesday 22-05-2024 15:30
17 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
18 Unemployment Claims Thursday 23-05-2024 13:30
19 Flash Manufacturing PMI Thursday 23-05-2024 14:45
20 Flash Services PMI Thursday 23-05-2024 14:45
21 New Home Sales Thursday 23-05-2024 15:00
22 Natural Gas Storage Thursday 23-05-2024 15:30
23 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
24 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
25 Durable Goods Orders m/m Friday 24-05-2024 13:30
26 FOMC Member Waller Speaks Friday 24-05-2024 14:35
27 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
28 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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