The cryptocurrency market witnessed important developments this week as well. Fluctuations in prices, new partnerships and updates attracted the attention of investors. In this article, we will examine the most important developments of the last day and the potential effects of these developments on the market. Here are the latest developments in FLOKI coin, Worldcoin, DOGE, INJ and Solana…
FLOKI coin and Alchemy Pay became partners
FLOKI (FLOKI) has formed an important partnership with leading cryptocurrency payment provider Alchemy Pay. In this way, FLOKI can be easily purchased using fiat currencies in 173 regions and countries. This development is expected to make FLOKI more accessible, expanding its user base and increasing adoption. According to CoinGecko data, FLOKI is trading at $0.000201, up 16% in the last 24 hours.
Important announcements in Solana, Injective and Dogecoin
Solana is preparing to release the v1.18 update to its mainnet on May 27. This update focuses on solving the network’s recent increase in congestion. v1.18 aims to significantly strengthen Solana’s infrastructure and increase processing capacity. Developers hope the update will address bot transactions and increased transaction failures caused by meme coins.
In other news, Cosmos-based layer 1 blockchain Injective announced its INJ 3.0 proposal, which includes significant changes for the INJ tokenomy. This update changes the inflation limits and inflation rate change parameter. These changes are expected to increase network security and user engagement and ensure the long-term sustainability of INJ.
Additionally, well-known Dogecoin expert Mishaboar warned DOGE and other smaller altcoin investors on Twitter. Mishaboar advocates caution against suspicious-looking meme coins that quickly list on major exchanges. He argues that such coins may contain manipulations backed by exchanges and venture capitalists.
Worldcoin will increase WLD supply
Finally, controversial altcoin project Worldcoin announced plans to increase the supply of its native token WLD by up to 19% over the next six months. This increase will be realized through a private sale by World Assets to institutional investors outside the United States. Worldcoin sees this move as necessary to meet growing demand and support network growth.
As a result, there are important developments in the cryptocurrency world this week. Developments such as FLOKI becoming purchasable with fiat currencies and Solana solving the network congestion problem are positive news for the industry. The INJ 3.0 update also aims to contribute to the long-term success of the network with improvements in tokenomics.
To be instantly informed about the latest developments, contact us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.