Snek (SNEK) is a memecoin that was recently launched on the Cardano blockchain. Typically, Charles Hoskinson posts about the latest developments in the Cardano ecosystem. However, lately, the founder of Cardano tweeted about the new memecoin. The community didn't miss the sudden interest of the founder in SNEK, especially at a time when memecoins are all the rage.
Blockchain analysis platform Santiment is optimistic about the upcoming price increase of five cryptocurrencies. However, the context favors a significant decrease in altcoin prices compared to Bitcoin (BTC). Nevertheless, Santiment believes that Litecoin (LTC) and four other altcoins are undervalued.
There is a heated debate going on in the crypto world about the centralization of Ripple (XRP) between supporters and detractors of this cryptocurrency. Justin Bons, founder of CyberCapital, has accused Ripple's leaders of making false promises of decentralization. But Matt Hamilton and David Schwartz are not backing down, and they vigorously refute these allegations. The debate is raging, and it doesn't seem to be stopping anytime soon!
This prediction comes from Kevin Svenson, a crypto analyst with 126,000 followers on Twitter. He has stated that Bitcoin is gearing up for a bull run, and altcoins like LINK will follow it.
After months of development, the Sui blockchain's mainnet was officially launched on Wednesday, May 3rd. The network's native asset, also called Sui, has also entered the crypto market. Several crypto exchange platforms are already clamoring to list it.
Elon Musk, CEO of Tesla and SpaceX, has become a major player in the cryptocurrency market. With his mysterious and often sarcastic tweets, he can move markets in an instant. Recently, he once again demonstrated his influence by propelling the Cult DAO token (CULT) up more than 70% with a simple word: “CULT”. This sudden surge raises questions about his true intentions. Let's discover together what's behind it.