Crypto news of the week

in LeoFinance2 years ago

Hello hivers
Crypto is going up this week and I think will see a pullback this weekend but we had some important news this week for altcoins so let's talk about some of them

Shiba Inu's Metaverse project has arrived, and here are the highlights.

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The Shiba Inu team has finally revealed the details of its Metaverse project, dubbed "SHIB: The Metaverse," after teasing its community with ambitious announcements since late January. According to the project's creators, the Metaverse will have more than 100,000 plot areas, some of which will stay private. The parcel of land will be released in stages. During the initial phase, the team will be able to unlock 36,431 plots separated into four tiers ("Silver Fur," "Gold Tail," "Platinum Paw," and "Diamond Teeth"). Depending on the tier, prices range from 0.2 ETH to 1 ETH.

Zilliqa (ZIL) gains another 60%.

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Zilliqa (ZIL) astounded the crypto community yet again yesterday by rising another 60% on Binance. It achieved $0.164, its highest price since May 19, 2021, and is currently on the verge of breaking into the top 60 cryptocurrencies by market size. On March 26, the cryptocurrency became the focus of attention for the first time after skyrocketing more than 100 percent in a single day. The gathering followed the announcement of a collaboration between Metapolis, a soon-to-be-launched Metaverse initiative powered by Zilliqa, and worldwide talent awards app Agora.

Ripple predicts a 130 percent year-on-year increase in Asia-Pacific transactions due to growing use cases.

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Brooks Entwistle, Ripple's VP and managing director for APAC and MENA, recently highlighted RippleNet's performance in the Asia-Pacific area, where transactions have increased by 130 percent year on year. The rising need for speedy settlements and immediate access to cash is driving the growth of RippleNet's ODL service across the APAC and MENA regions. While remittances may continue to be an important use case for RippleNet, other new use cases, such as trade flow or treasury management, may soon come to the forefront, according to Entwistle.

Shiba Inu's profitability increases to 46% as anticipation for future announcements rises.

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Shiba Inu's profitability has increased to 46 percent, according to statistics given by IntoTheBlock, after falling as low as 35 percent earlier in March. The CoinMarketCap website also shows a 14 percent increase in SHIB during the last week. Meanwhile, the Shiba Inu community is being teased with a significant announcement scheduled for March 30. Shiba Inu whales are significantly collecting as the community wonders what the update may be about, with over 621 billion SHIB snatched in the previous 24 hours.

Hope some of this news help your investment and wish you a wealthy life

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