Global

The price of Dogwifhat (WIF), which reached a $4 billion market cap last month, is now drastically declining.

A cryptocurrency trader on Coinbase's Layer-2 network Base has successfully converted about $13,000 worth of Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, into over $2 million by trading a little-known cryptocurrency inspired by memes

But there is a strong obstacle in the way that could prevent it from going any farther before $3.50.

With a community that keeps expanding even years after its initial release, Shiba Inu continues to surpass expectations. The dog-themed coin's trading volume has increased on exchanges due to user interest, and in certain circumstances, it has even surpassed other coins in terms of volume traded.

An experienced cryptocurrency trader believes one rival to Ethereum (ETH) is set to "turbo send."

Grayscale has concluded its quarterly re-evaluation of the altcoins held in its funds, according to its official announcement.