beverly1 (beverly1)
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According to BlockBeats, Milady's founder, known as CharlotteFang77, launched a presale of the MEME token, CULT, on June 13. The presale has successfully raised about 4809 ETH, which is approximately $16.89 million.
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The second-largest meme coin in terms of market capitalization, SHIB, made the headlines due to its increasing adoption. The popular gaming platform The Sandbox revealed that it holds SHIB and other meme coins such as DOGE, PEPE, BONK, and more. Prior to that, SHIB made waves due to its burn rate, which exploded by over 12,000% on a 24-hour scale, and the resurgence of the layer-2 scaling solution Shibarium. The network, which aims to foster the development of Shiba Inu, witnessed a spike in new contracts and daily transactions.
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For those with a lower risk preference, they can participate in established DeFi projects like Aave. Funds can be withdrawn at any time, with transactions being completed within 30 minutes. There will be no deductions from previously accumulated marks, and users will not be restricted in any way. Zhang's statement also clarified that just because some people are earning Point PUA, it does not mean that everyone is doing so.
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This move is seen as part of Riot Blockchain's strategy to expand its operations and strengthen its position in the cryptocurrency mining industry. Further details about the potential acquisition have not been disclosed yet.
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