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PEPE has experienced a recent uptrend in recent weeks, and the same can be said for FLOKI. Meanwhile, RebelSatoshi is gaining prominence in the blockchain ICO market. Lets delve in to get answers from the traders.

Lookonchain, a blockchain analysis company, disclosed on Nov. 3 that a whale acquired 996 billion PEPE tokens. The 996 billion PEPE tokens were equivalent to 617 ETH ($1.1 million) at the time.

Since this news, the price of PEPE has increased by 40.18% in the past 30 days. Traders expect that this development, with optimistic estimates suggesting we could see the PEPE momentum continue.

Conversely, the absence of a distinct catalyst for a bullish run has caused a sense of negativity about the prospects of PEPE. Some analysts express a bearish sentiment for PEPE.

On Oct. 27, FLOKI Staking was launched on the Binance Smart Chain (BSC) and Ethereum networks. Stakers of FLOKI tokens will be rewarded with TokenFI on the BNB chain and STOKEN on the ETH chain.

Since this update, the price of FLOKI has been on a rollercoaster, though in the last week it posted gains of 15.3%. Still, traders predict that with the current upward trajectory in the market, the price of FLOKI could rise by the end of December, but of course this is not a guarantee.

On the other hand, other analysts are cautious due to the failure of FLOKI to deliver and sustain short-term gains. Based on this, they believe the FLOKI price could drop by the end of November.

RebelSatoshi is not your typical meme token; its a movement symbolizing unity and defiance, challenging established norms in the digital currency landscape. Positioned as a leading ICO amongst the new DeFi projects, RebelSatoshi aims to revolutionize the crypto space by fostering a vibrant community dedicated to decentralization.

With great anticipation for an amazing future, Rebel Satoshi introduces RBLZ, its native Ethereum-based (ERC20) token. RBLZ is a multifunctional tool, providing access to quests, claiming rewards, staking for additional benefits, and participating in a lively community that embraces unity and decentralization.

Rebel Satoshis Stake2Earn program is a revolutionary initiative that highlights the projects commitment to empowering its community. By allowing members to lock up tokens for specific durations, it not only provides stability and liquidity to the ecosystem but also offers attractive percentage-based rewards in return.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.

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PEPE and FLOKI Meet a New Rival: Investor Attraction to ... - BeInCrypto

While a fledgling industry, blockchain gaming has already faced massive challengesresulting in a swath of games being put on indefinite pause by their respective developers, while others switch chains.

In 2022, a staggering 157 blockchain games were halted or otherwise stopped development, while another 43 titles were halted in 2023, according to a new Game7 report on the state of the Web3 gaming industry. Game7 is a decentralized community or DAO focused on blockchain gaming adoption.

Game7 core contributor George Isichos told Decrypt that the blockchain or Web3 games that stopped development this year struggled to get financial support and were generally titles that were established before 2021.

Most of the blockchain games that stopped development or live support this year were also mainly from very small studios, whereas very few AA or AAA games were shut down. Game7 defines AA as a studio with about $10-25 million in funding, and AAA studios as those with over $25 million in funding.

Despite this, the majority of Web3 games are actually still indie games, according to the report, with 42% of Web3 games classified as indie or developed by individuals or small teams without any financial backers or publishers. Some 40% of Web3 games are midsize, meaning they have secured $10 million or less in funding. AA games make up just 5% of the blockchain gaming ecosystemand AAA titles even less, comprising just 1% of the industry.

The number of total gaming-focused blockchain networks spiked this year, going from 37 in 2022 to 53 in 2023. Competition among blockchains vying for game developers to use their networks has spiked as a result, and is correlated with a rise in developers switching chains this year.

While most blockchain games still use a layer-1 blockchain like Ethereums mainnet, many have adopted Ethereum-compatible sidechains or scaling networks instead. About 81% of current blockchain games use a non gaming-focused layer-1 blockchain, according to Game7.

The Ethereum Virtual Machine (EVM) is overwhelmingly the most popular choice for blockchain games, with 74% of games choosing to use an EVM network. Solanas virtual machine comes in a distant second, making up about 10% of games.

So which networks are most blockchain games using in 2023? Ethereum sidechain Polygon remains the top choice, with Binances BNB Chain coming in second. Ethereums mainnet is the third most popular. Solana, Immutable, Avalanche, and Arbitrum take the fourth to seventh top spots, respectively.

2023 is poised to be the year of game migrations. In total, 65 blockchain games moved networks so this year, up from 48 games switching things up across all of 2022. While there are also many more blockchain games around now than in years past, the amount of chain-switching is still notable.

This year, games migrated to Polygon, Immutable, and Arbitrum in the largest numbers, respectively, per the report. And 60% of games that left a layer-1 network moved to a layer-2 scaling network.

But switching blockchains is no small feat. So why are games migrating?

Indie developer Reinhardt Weyers is the creator of Untitled Platformer, a game launched back in 2021 on BNB Chain (formerly Binance Smart Chain, or BSC). Weyers told Decrypt via email that this year, he decided it was time to move to a gasless chainone without transaction feesand migrated his game to SKALE.

Since Untitled Platformer made the switch, Weyers noticed that players started actively trying my game more, with some sticking around for quite a while.

Earlier this year, both Mighty Action Heroes and on-chain game Pirate Nation independently moved from Polygon to Arbitrum.

As more people have migrated to Polygon, we just started to run into scaling issues with the Polygon chain, Pirate Nation developer at Proof of Play, CEO Amitt Mahajan, previously told Decrypt.

We were paying between $3,000 and $4,000 a day on gas. And so it just got untenable. It was preventing us from being able to scale the game, Mahajan said.

While some developers switched chains for lower costs, others moved due to broader market and regulatory concerns.

Anito Legends Cofounder and CMO Jayvee Fernandez told Decrypt in an email that the Philippines-based studio chose to move its first blockchain game from BNB Chain (aka BSC) to Polygon because of concerns around crypto exchange Binance.

General sentiment around BSC isnt very favorable of late, Fernandez told Decrypt.

After launching in 2022, we slowly felt the market uncertainty and anxieties with the whole SBF and CZ fiasco. We also saw Binance being under fire in other markets. We felt it was too centralized and didn't want our game's future to be beholden to such drama, the CMO shared.

Fernandez added that Polygon was chosen ultimately because the team believes its more decentralizedand saw an opportunity to connect with many other Philippines-based games using the Ethereum sidechain.

Others have created their own blockchains entirely, like Corey Wilto, CEO of Mirai Labs, whose studio created the Pegaxy blockchain game.

"For us it came down to value capture. Building a chain came at a reasonably low cost ($100K-$200K), Wilto told Decrypt via email.

The value that it brings to the company when viewed from a VC perspective or even just monetizing users through swaps, bridging, and other DeFi tools, it came as a no-brainer because we had the technical capability internally," Wilto shared.

Edited by Andrew Hayward

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Why So Many Crypto Games Are Switching ChainsOr Calling it Quits - Decrypt

A new stablecoin called USDV launched Tuesday, backed by tokenized U.S. Treasuries in an effort to provide transparency and stability.

According to an announcement shared with crypto.news, USDV is pegged to the U.S. dollar and underpinned by short-term treasury bills converted into digital tokens using blockchain technology. The tokens were created by Matrixport, a cryptocurrency financial services company.

Stablecoins are digital currencies designed to have a stable value and maintain it either by being attached to an asset like the U.S. dollar or complex tokenomics. They have grown in popularity recently but also drawn more scrutiny from regulators concerned about transparency and potential runs.

USDV attempts to address those concerns by allegedly allowing holders to verify the Treasuries backing the coin in real time. The smart contracts governing USDV have undergone third-party security audits, according to the nonprofit Verified USD Foundation which launched the coin.

The foundation says USDV will foster a community of verified minters who can get rewarded for contributing to the ecosystem. It uses an algorithm called ColorTrace to distribute rewards.

Major industry players, like cryptocurrency exchange Bitget and decentralized finance platform Curve Finance, are among two dozen inaugural supporters of USDV. Stablecoins have seen massive growth over the past year, now topping a market cap of $126 billion. Tether remains the largest by far.

USDV launches initially on five blockchains Ethereum (ETH), Binance Smart Chain (BNB), Avalanche (AVAX), Arbitrum (ARB) and Optimism (OP). The foundation says it plans to expand to more than 40 chains through a technology called omnichain fungible tokens developed by LayerZero.

The Treasury tokens are available only to accredited investors due to securities regulations. But the resulting USDV stablecoin can be used by anyone.

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USDV stablecoin backed by tokenized treasuries launches - crypto.news

The prices of Layer-2 protocols Polygon (MATIC) and Immutable (IMX) have surged after a report found the two led the growing blockchain gaming sector. This expanded dominance has boosted the investment appeal of both cryptocurrencies.

Polygon spiked as much as 10% on Wednesday to $0.97, while Immutable likewise gained 8% to $1.23. The rally comes on the heels of research from Game7 DAO that labeled Polygon and Immutable as top players in Web3 gaming.

Though most play-to-earn titles are built on Layer-1 chains like , Polygon has broken the mold by hosting the most new blockchain games. It now beats out rivals Binance Smart Chain and Ethereum in game development.

Additionally, the report found Immutable has become the most popular gaming-focused platform, surpassing competitors like Arbitrum. The research highlighted the momentum of these two protocols in the red-hot gaming space.

With increased competition among Layer-2 solutions, Polygons gaming lead provides a significant edge for adoption and demand growth. If it continues dominating blockchain-based game development, bullish speculation on the MATIC token could rise.

Polygon also has its upcoming upgrade to POL on the horizon, an event that should further reinvigorate price performance. Meanwhile, integration between Polygon and Immutable will likely expand based on their complementary gaming strengths.

Immutable co-founder Robbie Ferguson has emphasized Polygons central role in blockchain mass adoption, making collaboration a natural fit. As gaming bridges crypto to mainstream audiences, the success of Polygon and Immutable proves instrumental for the broader industrys future.

Their outperformance comes amid increased institutional investment, signaling the growing legitimacy of crypto and Web3. Polygon and Immutables rally reflects their strengthened position to capitalize on surging interest in blockchains evolution.

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What Fueled Polygon's (MATIC) 10% Price Increase? - Investing.com India

The article explores the new developments, enhancements, and innovations that will shape the protocol's trajectory within the CoreDAO ecosystem.

On January 14, Core DAO debuted on the mainnet stage, becoming a noteworthy player in Decentralized Finance (DeFi).

At the heart of Core DAO's mission is the ambitious pursuit of addressing the notorious Blockchain Trilemma, a conundrum that has long perplexed blockchain architects. The project takes a unique approach by harnessing the formidable Bitcoin hash rate and combining it with the efficiency of the delegated proof-of-stake (DPoS) consensus mechanism.It is designed to create a decentralized blockchain that is secure, scalable, and maintains a decentralized ethos.

Core DAO's architecture rests on the Satoshi Plus consensus mechanism, which combines the best features of Bitcoin's hash rate leverage with DPoS efficiency.

Here in this article, we will delve into the latest developments, enhancements, and innovations that shape the protocol's trajectory within the Core DAO ecosystem.

In a strategic move, Core DAO welcomes BTC.b to its ecosystem, leveraging the Omnichain Fungible Token (OFT) Standard. This integration enables BTC.b to transition to and from Core's bitcoin hash-powered blockchain.

Collaborating with Layer Zero and Avalanche, CoreDAO introduces BTC.b as a multi-chain, non-custodial representation of Bitcoin, uniquely bridged directly from the Bitcoin blockchain.

The standout feature lies in the easy transfer of native Bitcoin, allowing users to promptly engage with decentralized applications (dApps) using BTC.b and convert it back into native Bitcoin without intermediaries.

Core DAO takes a leap forward with the launch of its new website and YouTube channel. Aimed at empowering Web3 developers, the platform offers a dedicated section facilitating a seamless start for builders on Core.

Core DAO introduced the Core Grants Program on Oct. 31, a funding initiative designed to catalyze projects focused on decentralization, expansion, and fortification of the Core ecosystem. Tailored to support developers and builders in bringing their ideas to life on-chain, the program offers two types of fundingBuilder Grants for early-stage projects and Growth Grants for more established endeavors.

Core Grants Program is here!

To empower innovation and community growth in web3, Core will fund projects dedicated to decentralizing, expanding, and strengthing Core's ecosystem. Builder and Growth Grants Milestone-based grants

Read all about ithttps://t.co/3zJZDee22d

As a notable sponsor at the ETH Lisbon hackathon scheduled for Nov. 3 to 5, Core DAO set the stage for innovation by offering substantial bounties for project submissions. The bounty pool included $10,000 for the best project, $2,500 for the runner-up, and an additional $2,500 for projects in the security, prevention, and awareness category.

Winners not only secured their bounties but also had the chance to pitch their ideas to Core's Grant Committee for potential funding of up to $50,000 in CORE tokens. Raccbook, PoolScribe, and Real Fans emerged as the triumphant projects in this bounty bonanza.

Core DAO enhances its reach with two significant integrations. The Pyth Network launches its CORE/USD price feed, extending accessibility to smart contract developers across more than 40 blockchains.

Another major infrastructure addition for the most Bitcoin-aligned chain! Excited to be working with the @PythNetworks world-class team Stay tuned for more news on this integration next week. https://t.co/sc4VaHgpAx

Concurrently, Ankr integrates its RPC service with Core, streamlining development by eliminating the need for many developers to set up their own Core nodes. Ankr's Premium RPC Plan offers advanced tools, global node locations, telemetry, debug mode, WebSockets capabilities, and more.

CORE, Core DAOs native token, is trading at $0.5054 at the time of writing, with a market cap of $88 million.

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SEC and Binance Agree on Protective Order in the Ongoing Legal ... - BSC NEWS