Dogecoin and EverGrow Coin have been two of the most-watched cryptocurrencies in the wake of Elon Musk's Twitter takeover.
It is still unclear how Twitter privatisation will affect either Dogecoin or EverGrow Coin. Dogecoin has seen suggested use cases such as in removing spam bots and as a means of tips or payments.
EverGrow Coin meanwhile has contacted Elon Musk offering insights from its content subscription platform – Crator – which will be the first to integrate crypto and fiat payments for customisable subscription tiers and tailored livestream content.
The biggest news announcement in the EverGrow Coin camp is the imminent rollout of LunaSky.
LunaSky is expected to make a splash in the booming NFT market. This is because LunaSky is housed on the Binance Smart Chain, which is faster and cheaper to use than the Ethereum Mainnet on which OpenSea is built.
The LunaSky NFT marketplace will also open new avenues for making passive income from NFTs. This is possible through an NFT lending mechanism which will grant crypto loans to wallets that put up NFTs as collateral.
LunaSky could be a gamechanger and makes EverGrow Coin crypto to watch in May 2022.
The Dogecoin price is currently $0.1147. This is a 2.5% drop in price in the last 24 hours. However, the 24-hour trading volume of Dogecoin is up a massive 124% to hit over $2 billion.
The current 24-hour trading is the highest Dogecoin has seen since its price surge following the Twitter takeover announcement. Back then, on April 26, Dogecoin hit a local high price of $0.1615.
First is the news that a new WordPress plugin allows websites running on the web development platform to accept Dogecoin payments. WordPress is the most popular web builder on the market with over 455 million websites in use.
In other news, according to WhaleStats, Dogecoin was one of the most popular smart contracts used among the top 500 BSC whales in the past 24 hours. This fact demonstrates how Dogecoin whales are buying the Dogecoin dip in anticipation of new price surges.
Crypto brokerage platform Robinhood also announced it had hit a total of nearly 41 billion Dogecoins held on behalf of its clients. This is a huge 30.75% of the DOGE circulating supply.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.