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About a decade ago, creating a digital currency based on a viral online joke would have been unimaginable. When cryptocurrencies were first introduced, the general public viewed them as a high-end sector for a select few. Now fast forward to the present day, especially the recent months and the landscape has shifted dramatically.

Digital currencies with comedic roots, or meme coins, have witnessed meteoric popularity. In this context, five meme coinsDigiToads, Pepe, Floki Inu, Milady Meme Coin, and Shiba Inustand out as the most talked about topics on social media.

So, what exactly is it about these coins that makes them top cryptos to invest in?

The most popular of these viral sensations is DigiToads. DigiToads, introduced as a utility meme coin, is more than just a cryptocurrency; its a whole ecosystem that includes a web3 game platform, NFT staking, and a promise to donate 2.5% of revenues to an environmental charity.

This top new ICO is based on the idea of merging financial speculation with play-to-earn games, which offers players the chance to make money and enjoy themselves at the same time. Players may acquire TOADS tokens by defeating opponents and battling with their distinctive DigiToads.

The fact that these tokens may be used to improve the gaming experience while simultaneously having real-world value is a compelling feature for both players and investors. The deflationary mechanism accomplished by burning 2% of transactional tokens and the monthly awards offered by DigiToads only adds to the platforms appeal.

Therefore, its no wonder its considered one of the best cryptos to buy by many.Pepe Coin (PEPE)

Inspired by the crypto communitys most well-known frog meme, Pepe coin had a dramatic boom, riding the wave of meme coin frenzy and quickly entering the top 100 cryptocurrencies by market cap. The inclusion of PEPE in Binances Innovation Zone, a hub for highly volatile cryptocurrencies, sparked its early growth.

However, Pepe coins growth was hampered after Coinbase issued a statement identifying the cryptocurrency as a symbol for alt-right organizations.

The current deceleration in PEPEs surge can be attributed to the tokenomics intrinsic inflation and the cryptocurrencys lack of considerable value. Still, while other cryptocurrencies have come and gone, PEPE remains popular among crypto fans and draws new investors looking for a rebound.

From its humble beginnings as a meme coin spawned by Elon Musks offbeat tweets, FLOKI has developed into a full-fledged web3 project with roots in decentralized finance, NFTs, and the expanding Metaverse. FLOKI has gone from being a laughingstock to being called The Peoples Crypto, which is a credit to the hard work of the projects developers.

The FLOKI token shows off its forward-thinking nature by being compatible with two different blockchains: Ethereum and Binance Smart Chain (BSC). Thats why it follows both the ERC-20 and the BEP-20 standards. Holders of FLOKI tokens may utilize any blockchain for storage and transactions thanks to a simple bridging mechanism, encouraging adaptability and user ease.

The success of the Milady NFT series prompted the creation of the Milady Meme Coin. Although not officially affiliated with the NFT collection, the meme coin aspires to be the drip currency of Milady.

With the NFT collection featuring 10,000 unique neo-chibi-aesthetic-inspired PFPs, theres an undeniable synergy between LADYS and the NFTs. However, its worth noting that, unlike structured projects with a clear roadmap and dedicated team, LADYS operates solely for entertainment, embracing the light-hearted spirit of its meme coin identity.

SHIB, better known as Shiba Inu, is a long-standing titan in the meme coin market. With a strong community built around its expansive ecosystem, including ShibaSwap, and its decentralized exchange, SHIB has solidified its place in the crypto conversation.

The meme currency has become a standard in social media debates and analyses thanks to its spectacular ascent and persistent popularity, which has fed a continual flow of conversations. The fact that SHIB is still drawing attention shows its importance in the cryptocurrency industry.

While meme coins have experienced massive popularity over the years, theyve all been ephemeral. Most meme coins are usually based on internet trends, and as they die out, so does their value. Also, most meme coins have hyper-inflationary supply, often making it difficult for these assets to perform well during harsh market conditions.

The only exception from this trend appears to be DigiToads, though. This meme coin holds a vast utility, combining NFTs, gaming, and staking with deflationary tokenomics and real-world use cases. This multifaceted approach is a key factor that has propelled DigiToads into the limelight, seemingly marking it as the only meme coin with a steady growth trajectory (370% growth so far).

Because of this, TOADS has hit the market as a hope for safer meme coin investment, and with its presale rapidly winding down, the internet is going mad to get its hands on some before its price soars through the roof.

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5 Meme Coins That Are Dominating Crypto Social Media Activity in ... - Analytics Insight

New York, July 11, 2023 (GLOBE NEWSWIRE) -- CertiK, a leader in blockchain security and auditing, is proud to announce the successful completion of a comprehensive security audit for XLS-30d, an innovative Automated Market Maker (AMM) built on the XRP Ledger (XRPL). The XRPL is a Layer 1 open-source, energy-efficient, and decentralized blockchain powered by a global developer community.

The AMM, developed under the technical specification XLS-30d proposed by Ripple has been designed to extend the exchange functionality and utility for XRPL token holders and builders on the XRP Ledger. CertiKs audit was an extensive process, meticulously examining the underlying smart contract architecture for potential vulnerabilities and assessing the overall security of the AMM implementation.

"Our main goal at CertiK is to help build a safer, more secure blockchain ecosystem," said Jason Jiang, Chief Business Officer at CertiK. "XRPLs AMM implementation represents an important evolution in decentralized exchange functionality, and we're honored to have been able to ensure it meets the highest standard of security."

Key features of the XLS-30d AMM, as validated by CertiK, include a protocol native build, a continuous auction mechanism, single-sided liquidity provision, no Miner Extractable Value (MEV) or front-running, and CLOB DEX integration.

The XRP Ledger's inherent advantagesextremely low transaction cost, fast block times, fair transaction orderingmake it suitable for all participants within the AMM ecosystem. The XLS.30D proposal reflects the XRPLs advanced capabilities and broad utility.

CertiK's audit confirms that the AMM built on the XRPL meets the highest standards of security, demonstrating CertiK and Ripples shared commitment to advancing the security and reliability of the global blockchain ecosystem.

About CertiK

CertiK is a pioneer in blockchain security, leveraging best-in-class technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiKs mission is to secure the Web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.

One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. To date, CertiK has worked with nearly 4,000 enterprise clients, secured over $360 billion worth of digital assets, and has detected nearly 70,000 vulnerabilities in blockchain code. Clients include leading projects such as Aave, Polygon, Binance Smart Chain, Yearn Finance, and Chiliz.

CertiK is backed by Insight, Partners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital and other investors.

About the XRP Ledger

The XRP Ledger (XRPL) is an open source, public and decentralized Layer 1 blockchain led by a global developer community. It is fast, energy-efficient, and reliable. For more than ten years, it has been the blockchain best suited to enable settlement and liquidity of tokenized assets at scale. With ease of development, low transaction costs, and a knowledgeable community, it provides developers with a strong open-source foundation for executing on the most demanding projects without impacting the XRPLs lean and efficient feature set. XRPL enables a wide variety of services and use cases including payments, on-chain finance, and tokenization. Learn more at XRPL.org.

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CertiK Completes Comprehensive Security Audit of Automated ... - GlobeNewswire

In the rapidly evolving landscape of blockchain technology, staying ahead of the curve is crucial. With blockchain networks transforming various industries and redefining concepts such as data, transactions, and security, businesses, and developers are constantly in search of advanced solutions to monitor and automate blockchain processes. This is where Parsiq comes into play as a state-of-the-art platform providing real-time monitoring and automation tools for blockchain. One of the key features of Parsiq, immediate-fortune.org which is an Online trading platform, is its real-time monitoring capability.

Parsiq offers a comprehensive suite of features that enable users to stay updated with the latest developments in blockchain networks. By providing real-time monitoring capabilities, the platform allows businesses and developers to gain valuable insights into blockchain activities as they occur. This level of transparency empowers users to make informed decisions, identify potential issues, and optimize their operations accordingly. Additionally, Parsiq facilitates automation by enabling users to set up predefined conditions and triggers. These triggers can automatically initiate actions, such as sending notifications or executing smart contracts, based on specific events or criteria within the blockchain ecosystem. Through these automation tools, Parsiq empowers users to streamline their processes, enhance efficiency, and reduce manual effort.

Parsiq is an innovative platform that offers advanced blockchain monitoring and automation capabilities, catering to the needs of businesses, developers, and blockchain enthusiasts. Its primary function is to establish a connection between on-chain and off-chain data, enabling real-time monitoring of blockchain activities and facilitating automated actions based on predetermined criteria. By leveraging Parsiq, users can acquire comprehensive insights into blockchain events, streamline their operational workflows, and improve their decision-making processes.

With Parsiqs sophisticated features, users can access real-time updates on blockchain transactions and activities, ensuring they remain informed about the latest developments in the blockchain ecosystem. Moreover, the platform empowers users to define specific conditions and triggers, enabling them to automate actions such as sending notifications, executing smart contracts, or initiating other operations based on predefined rules. This automation capability not only enhances operational efficiency but also reduces manual effort and human error.

Traditional blockchain explorers provide historical data, which can be limiting when you need up-to-the-minute insights. Parsiq, on the other hand, enables you to monitor blockchain events as they happen, ensuring you never miss a critical update. Whether youre tracking transactions, smart contract executions, or token transfers, Parsiq empowers you with timely information that can be invaluable in decision-making and risk management.

Automation is a game-changer in the blockchain industry, and Parsiq offers powerful automation tools to streamline your workflows. With its intuitive interface and user-friendly logic builder, you can create custom rules and triggers to automate actions based on specific blockchain events. For example, you can set up notifications to alert you when a particular wallet receives a certain amount of tokens or automatically execute trades when specific market conditions are met. By automating repetitive tasks, Parsiq frees up valuable time and resources, allowing you to focus on strategic initiatives.

Parsiq supports a wide range of blockchain networks, ensuring compatibility with popular platforms and protocols. Whether youre working with Bitcoin, Ethereum, Binance Smart Chain, or other major networks, Parsiq has you covered. This versatility makes it an ideal choice for businesses and developers operating in multiple blockchain ecosystems, as it provides a centralized hub for monitoring and automation across different networks.

Understanding the vast amount of data generated by blockchain networks can be overwhelming. Parsiq addresses this challenge by offering advanced tools for data analysis and visualization. You can explore historical trends, identify patterns, and gain actionable insights from the wealth of blockchain data at your disposal. With customizable dashboards and visual representations, you can easily communicate complex information to stakeholders and make data-driven decisions with confidence.

Blockchain security is a top priority, and Parsiq offers robust features to enhance security and risk management. By monitoring blockchain activity in real time, you can detect and respond to potential threats promptly. Additionally, Parsiqs automation capabilities allow you to set up instant alerts for suspicious transactions or abnormal network behavior, enabling proactive risk mitigation. With Parsiq as your blockchain monitoring and automation partner, you can fortify your infrastructure and protect your assets effectively.

In the ever-evolving landscape of blockchain technology, staying informed and taking proactive steps is crucial. Parsiq provides the tools and capabilities needed to monitor, automate, and optimize blockchain processes in real time. From enhancing transparency and efficiency to enabling data-driven decision-making, Parsiq empowers businesses, developers, and blockchain enthusiasts to thrive in this rapidly changing industry.

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Parsiq: Real-Time Blockchain Monitoring and Automation - Tech Critter

Traditional data storage systems were great for some time, but they had several disadvantages, such as data breaches and vulnerabilities, which some people couldn't put up with anymore.

That's how blockchain-based storage technology came in, to create solutions for these challenges, which mainly stem from the centralization of data storage. Today, several platforms offer decentralized cloud storage services, and these are some of the best.

Filecoin was developed and launched in 2017 by Protocol Labs to create a more efficient, secure, and decentralized way to store and access online data. It uses a peer-to-peer system where people contribute their computer storage to the network.

It operates on two consensus mechanisms: Proof of Replication, where a miner proves they have a unique copy of data, and Proof of Space-Time, where miners prove the unique copy of data has existed in physical storage over a certain period. Filecoin's native token, FIL, pays for data storage and rewards storage providers for contributing storage resources. If interested, find out more about how Filecoin works.

Internet Computer was created by the DFINITY foundation to extend the functionality of the Internet by creating a secure environment for running smart contracts, deploying decentralized applications, and hosting websites.

Powered by the Internet Computer Protocol, a 4-layer protocol running on individual nodes, the network operates each subnet independently yet asynchronously to collectively form a unified computing platform. Its reliance on independent data centers worldwide provides limitless scalability and high-performance computing, which can handle high transaction throughput.

The network's native token, ICP, rewards storage contributors and pays transaction fees.

Known globally as a popular torrent client, BitTorrent launched a TRC-20 token, BTT, to provide users of the BitTorrent ecosystem with a utility token for transactions related to content distribution and file sharing.

BTT is a rewarding token for contributors of computer resources in the BitTorrent network. BitTorrent customers needing priority access and faster download speeds can pay for the services using BTT, and anyone who, after downloading torrent, provides seeding can start earning BTT. The BitTorrent network uses Tron's smart contracts to enhance its services, offering a decentralized file storage system and bandwidth for faster downloads.

Holo is a decentralized marketplace for cloud storage where anyone can integrate their computer storage into the network for hosting peer-to-peer applications. In return, the host gets paid in HoloFuel, the internal micro-currency, while users who access and use applications hosted on the network pay HoloFuel for the service.

Holo also has an ERC-20 token (HoloToken) exchangeable with HoloFuel on a 1:1 ratio. The network is built on Holochain, and it leverages independent nodes which communicate and interact with one another, eliminating the need for global consensus, which allows for faster processing of transactions and higher throughput.

Ocean Protocol was built to enable open and equitable access to data. It provides a marketplace where users can securely publish and monetize their data while preserving privacy. It incorporates the Compute-to-Data concept, which allows users to use data without directly accessing it or compromising the raw data.

Its native token, Ocean Token, is used to reward data storage space providers, facilitate transactions, and for governance purposes. Ocean Protocol is also designed to be interoperable with other blockchains, such as Ethereum, Binance Smart Chain, and Polygon, through bridges that facilitate data transfer across different protocols.

Traditional storage systems risk being tampered with and having data modified or deleted. Arweave was designed to solve this issue by providing a decentralized tamper-proof storage platform that permanently stores data.

It's founded on "permaweb," a layer built to connect users with global storage. It functions similarly to how HTTP/HTTPS facilitates communication between internet users and web servers, but with a serverless structure. This architecture enables automatic autoscaling depending on required storage, unlike traditional servers, where people will still pay for the capacity they never use.

Arweave is great for DeFi, DApps, content archiving, and data storage for research.

The Sia Network is a community of data storage enthusiasts and open-source developers. It provides a secure, decentralized cloud storage platform founded on a network of individual storage space contributors across the globe.

Users pay Siacoins to enter into storage contracts that define the terms of storage, duration, and price. Meanwhile, hosts must prove they are storing the data they claim using the Proof of Storage mechanism. The online marketplace allows buyers and sellers to interact trustlessly and without intermediaries.

On top of the network is a decentralized content delivery network known as Skynet that extends the hosting services in a censorship-resistant manner.

Flux is a blockchain-based cloud storage ecosystem that lets users build and deploy decentralized applications. It offers a people-powered network where users can utilize computing resources globally.

The platform is designed to focus on security, interoperability, and redundancy and allows users to pay for storage services based on provided specifications. Nodes in the network are compensated in Flux tokens. Flux is also an active campaigner of environmental sustainability, considering it leverages climate-sustainable blockchain solutions such as ASIC-resistant mining algorithms and the Proof of Useful-Work consensus mechanism.

A popular platform running on Flux is WordPress, which relies on it for decentralized web hosting.

Storj is an open-source cloud storage project offering secure, private, affordable solutions. It's founded on a peer-to-peer network of connected spare storage resources from individuals and organizations worldwide.

The network design uses small data pieces encrypted within the client side before being uploaded to the network. The network also implements coding techniques that ensure data availability and durability even when some nodes go offline.

Storj operates a native token (STORJ) for compensating storage node operators and facilitating transactions within the system. It's great for archiving, content distribution, and application data storage.

Akash Network is an open platform for the secure and efficient trading of computing resources. Its technology is founded on Supercloud, a cloud architecture that enables the migration of applications across different cloud providers and availability zones.

To get storage services, users submit their budget prize, and hosts compete for business which often results in more affordability than other cloud systems. It also uses the proof of stake mechanism to regulate the participation of node operators.

The network's native token, AKT, is used for governance, securing the blockchain, incentivizing participation, and as a store or exchange of value. Akash Network is attractive to developers seeking decentralized, affordable cloud computing services.

Blockchain-based storage platforms will play a significant role in the future of data storage owing to their compelling advantages over traditional centralized systems. From decentralized storage to enhanced security to censorship resistance, these platforms align well with the growing market of people invested in better data storage.

While they may face scalability issues and slow user adoption, the potential benefits of these platforms far outweigh the concerns. It's only likely that their market stake will keep growing.

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The Top 10 Blockchain-Based Storage Platforms - MUO - MakeUseOf

For investors, maintaining and growing their portfolio is most important. And so, they are constantly on the lookout for promising altcoins that have the potential to generate substantial returns. This article will delve into three prominent contenders for the next bullish phase: Cardano, Avalanche, and BEASTS Coin (BEASTS). While all three projects operate within the same industry, they possess distinct features and value propositions that set them apart. By examining them, we can provide existing crypto investors with valuable insights and exciting prospects for the future of the digital currency landscape. Stay tuned as we explore these three intriguing cryptocurrencies unique characteristics and potential growth opportunities.

Avalanche addresses the challenges of scalability and security faced by existing blockchain networks, aiming to provide a decentralized platform. It achieves this by implementing a consensus protocol known as Avalanche consensus. Its the fundamental building block for decentralized applications and financial systems.

The consensus protocol employed by Avalanche, known as the Snow family of consensus algorithms, takes a distinctive approach. It enables rapid block confirmation by randomly sampling network participants to achieve consensus. Using a lightweight network structure, Avalanche processes transactions swiftly without compromising security.

Avalanche has gained significant recognition in cryptocurrency due to its innovative technology and the potential to revolutionize the scalability of blockchain networks. With increasing developer and project adoption, investing in Avalanche presents an opportunity to become part of a growing ecosystem that aims to reshape the future of decentralized finance and applications.

BEASTS Coin defies the conventions of a typical cryptocurrency, embodying the concept of caged liquidity that accumulates strength and resilience over time. Its narrative revolves around the transformation of Rabbit 4001, a former tormented soul who emerges as a brilliant scientist. This symbolic journey represents the pursuit of financial liberation and empowerment. As your investment progresses, the Caged Beasts evolve into potent entities poised to break free and bestow you the freedom you deserve.

BEASTS Coin operates similarly to other meme coins, leveraging blockchain technology to facilitate transactions and ensure transparency. It is built on the Binance Smart Chain, allowing fast and cost-effective transactions. BEASTS Coins ecosystem includes features such as staking, NFTs, and community-driven initiatives, contributing to its vibrant and engaging community.

Despite its recent establishment, this emerging cryptocurrency has quickly caught the attention of astute investors searching for the next significant opportunity. This formidable digital currency offers a plethora of investment prospects, boasting a supply of 10 trillion tokens and featuring a tax-free buying and selling system. During the presale phase, 60% of tokens are available for acquisition, while 30% of the presale funds are locked until the release date to promote stability. Moreover, an extra 25% of tokens fuels the marketing wallet, enhancing its visibility and enticing a growing number of enthusiasts to participate in this vibrant and dynamic community.

Cardano strives to establish a secure and scalable foundation for smart contracts and decentralized applications (dApps) through its decentralized blockchain platform. It differentiates itself from other cryptocurrencies by emphasizing scientific research and peer-reviewed methods. Cardano aims to foster transparency and sustainability in digital transactions by integrating advanced technology with rigorous academic principles.

Cardano employs a unique consensus algorithm, Ouroboros, ensuring the networks security and reliability. This algorithm organizes time into epochs and slots, facilitating efficient block generation and verification processes. Cardanos multi-layered architecture also separates the settlement layer from the computational layer, introducing enhanced flexibility and scalability to the platform.

Cardano has gained substantial recognition and support from the cryptocurrency community thanks to its ambitious roadmap and talented development team. The project has yet to achieve several vital milestones, including implementing intelligent contracts and finalizing its governance model. Consequently, investing in Cardano can be viewed as a strategic decision before these critical features are fully realized, offering the potential for significant growth and advancement in the future.

Cardano, Avalanche, and BEASTS Coin offer investors distinct value propositions and opportunities. Cardano stands out with its commitment to scientific research and robust blockchain infrastructure. Avalanche excels in its consensus protocol and scalability solutions. BEASTS Coin caters to a niche, providing an entertaining investment experience.

BEASTS Coin (BEASTS):

Website: https://cagedbeasts.com

Twitter: https://twitter.com/CAGED_BEASTS

Telegram: https://t.me/CAGEDBEASTS

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Exploring The Best Altcoins For The Next Bull Run: Cardano ... - Tekedia