Neko 🐯
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"Audentes fortuna iuvat. Fortune favors the bold"

Professional Trader, Analyst and Investor on Crypto Market

www.instagram.com/orineko.io

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The bitcoin logo is displayed on the second tallest building in Poland, namely the Palace of Culture and Science.

Actually, this incident occurred before the halving occurred. However, we will continue to appreciate people who are happy every time they welcome big days regarding Bitcoin.

Check out the video on our Instagram!

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#Neko101 @OriNeko
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Neko 🐯
Hey everyone. happy weekend, I've got two options for us to talk about 2 Chainz on Layer-2 Eth. Pick the one you're interested in discussing.
Okay, so according to the voting results, the majority choose Mantle, in the next post I will explain about the Mantle.
what is Mantle Network?

Mantle Network is an Ethereum Layer 2 Blockchain that aims to bring super-scalability to Ethereum by taking a Modular approach that offers low fees and high security. Mantle does this by combining a separate decentralized data availability layer and Ethereum roll-ups.

Unlike a monolithic operating mechanism, where all operations occur on the base layer, a Modular blockchain separates consensus, data, execution, and dispute resolution tasks into processing layers. specialized.

Mantle Network does this by combining a separate decentralized data availability layer and Ethereum roll-ups. The project was created by the BitDAO community. It is a decentralized organization with one of the most decentralized treasuries in the industry.

#NekoSpotlight @OriNeko
🖤Mantle Network has many advantages over other existing chains on the market today:

🎥Hyperscale performance
🎥Unparalleled security
🎥Community-owned
🎥Low cost

These milestones were achieved through certain technological innovations.

Mantle combines Roll-up technology with a decentralized data availability layer. This drives performance gains with low fees and faster finalization.

Ethereum’s Roll-up technology ensures high throughput with unrivaled security within the familiar EVM environment.

Since the Mantle network is the first Ethereum second-layer chain initiated by a DAO, it also has a series of benefits. BitDAO will nurture an ecosystem of projects dedicated to the Mantle network. This frees Mantle from the initial adoption struggles other chains faced.

#NekoSpotlight @OriNeko
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ZKasino Rug Pull Scandal: $32 Million Ethereum at Risk

The platform troubles began last month after decentralized P2P order book exchange ZigZag Exchange laid various accusations against ZKasino. These include the network developers diverting funds intended for project development to personal use.

According to ZigZag, ZKasino lied about its funding and had failed to pay numerous developers and contractors working on the platform. While most of these allegations flew under the radar, several crypto community members have voiced grievances over the platform’s alleged removal of a prior commitment to return bridged Ethereum.

Meanwhile, the drama surrounding the project has already led the MEXC exchange to cancel its token listing, attributing its decision to its efforts “to safeguard the rights and interests” of its users. Similarly, Ape Terminal said it was monitoring the situation. However, it clarified that token sales associated with the project will be canceled if the situation deteriorates.

#NekoNews @OriNeko
Forwarded from VVIP Crypto —Neko
KuCoin Futures
#NMR/USDT Take-Profit target 2
Profit: 105.3782% 📈
Period: 2 Months 4 Days 13 Hours 9 Minutes
DUSK Network to Participate in Privacy Guardians in Barcelona on April 24th

DUSK Network’s lead cryptographer, Marta Bellés Muños, is scheduled to speak at the Privacy Guardians conference in Barcelona on April 24th. She will be participating in a panel discussion with other notable figures in the field, including Jordi Baylina, co-founder of Polygon, and Jose Luis Muñoz, a researcher at Polytechnic. Refer to the official tweet byDUSK

📈 Neko Forecasting $DUSK for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko
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Bitcoin fees sharply fell the day after reaching a record high of $128 on April 20, following the fourth Bitcoin halving. By April 21, fees dropped to $8-10 for medium-priority transactions. Just the day before, Bitcoin amassed $78.3 million in total fees, surpassing Ethereum by over 24 times. In the halving block at height 840,000, ViaBTC received 37.7 Bitcoin ($2.4 million), marking the highest payment in the network's history.

The demand at block 840,000 was driven by memecoin and nonfungible token enthusiasts competing to etch rare satoshis via the Runes protocol, with 3050 transactions processed and an average user fee of around $800.

Follow @OriNeko for more crypto updates. Join 📷our Instagram to get free market insights

#Neko101 @OriNeko
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FTX to Auction Off More SOL

Now-bankrupt FTX will soon auction another batch of Solana coins from its treasury. Mike Cagney, the CEO of Figure Markets, has revealed his company's plans to participate in the upcoming auction.

Previously, liquidators sold SOL twice at a fixed price of around $60, accumulating $4.5 billion from these sales. Key buyers included major investment firms like Galaxy Digital and Pantera Capital.

This move to auction the coins could spell good news for FTX's plaintiffs and creditors, as it opens the possibility of securing a sale price that aligns more closely with the current market value.

#NekoNews @OriNeko
Bitcoin Layer 2 Coins STX Outperform BTC After Halving

Tokens associated with Bitcoin Layer 2 solutions have outperformed bitcoin since the Bitcoin blockchain's highly-anticipated mining reward halving took effect early Saturday.

Bitcoin Layer 2 solutions are projects that address scalability and transaction speed limitations on the Bitcoin blockchain. They are built on top of the Bitcoin blockchain and bring scalability by processing transactions off the main chain.

📈 Neko Forecasting $STX for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko
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Galxe's 'G' Token: The Sweet Spot Discovered?

The Galxe platform community is debating a proposal to transition from the current GAL token to a new version named 'G'. The proponents of this change believe it will enhance brand recognition, bolster community trust, and establish a solid foundation for future growth.

Planned changes involve code modifications, devising strategies with external developers, and a revision of the tokenomics. Specifically, if the proposal gets accepted, the total number of tokens will be multiplied by sixty, and existing GAL token holders will receive the new G tokens at a ratio of 1:60.

Although the majority currently favors the proposal, the required quorum has not yet been reached.

#NekoNews @OriNeko
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Forwarded from VVIP Crypto —Neko
KuCoin Futures
#NMR/USDT Take-Profit target 3
Profit: 199.9708% 📈
Period: 2 Months 4 Days 13 Hours 9 Minutes
Celo developer cLabs proposes using OP Stack to launch Ethereum Layer 2 chain

cLabs, the core developer behind the Celo blockchain, has proposed building the anticipated Ethereum Layer-2 solution on the OP Stack. The move to migrate Celo from its current Layer 1 network to an Ethereum Layer 2 was confirmed after receiving community approval through a governance vote last July, marking a big change in the project’s evolution.

The firm plans the deployment of a testnet for the Celo Layer 2 in the summer of 2024, after another round of community voting. The migration to the Optimism ecosystem will be a step towards integrating Celo into Optimism’s Superchain ecosystem that includes OP Mainnet, Base, Zora, Mode, and others.

cLabs stated in its proposal that Celo’s migration to OP Stack-based Layer 2 will focus on maintaining the network's distinctive features while improving its performance. Proposed improvements will include a reduction in block time from 5 seconds to 2 seconds and a 50% increase in throughput.

📈 Neko Forecasting $STX for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko
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Bitcoin Fees at ATH since 2018

With the introduction of Runes on the Bitcoin network, the block processing fee has surged to its highest level since 2018.

#NekoNews @OriNeko
😀StarkNet to Host Meetup in Berlin

StarkNet, in collaboration with Giza, is currently working on a new AI project. The project is still under development by the StarkWare exploration team. The unveiling of this project will take place at the Starknet meetup in Berlin on April 23rd.

📈 Neko Forecasting $STRK for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko
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Long-term holders are taking profits

“Such patterns hint at the likelihood of long-term investors capitalizing on price ascents to realize profits, shedding light on the possible impacts of such profit-taking on market conditions.”

#NekoNews @OriNeko