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DOGS token sets memecoin record with 17M users on The Open Network

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The DOGS token has achieved a remarkable milestone, surpassing 17 million users to become the largest memecoin by user base. This significant growth highlights the increasing popularity and influence of memecoins within the cryptocurrency market.

Launched as a playful and community-driven digital asset, DOGS has captured the attention of millions of cryptocurrency enthusiasts. Its rise in popularity underscores the ongoing trend of memecoins gaining substantial traction alongside more established digital assets.

DOGS token, known for its vibrant community and meme-inspired branding, has seen a rapid expansion in its user base. The token’s appeal is partly due to its engaging community-driven initiatives and viral marketing campaigns that have resonated with a wide audience.

The impressive user growth reflects a broader trend in the cryptocurrency space, where memecoins have gained notable attention for their viral nature and strong community support. Despite their playful origins, these tokens have demonstrated considerable market influence and investor interest.

A spokesperson for the DOGS token team commented, “Reaching 17 million users is a testament to the strength of our community and the growing appeal of memecoins. We are excited about the future and remain committed to fostering an engaging and inclusive environment for our users.”

The success of DOGS token highlights the evolving dynamics of the cryptocurrency market, where community-driven projects and memecoins are becoming significant players. As the market continues to develop, these tokens are expected to play an increasingly prominent role.

Industry experts note that while memecoins like DOGS offer an intriguing mix of community engagement and market potential, they also come with inherent risks. Investors are advised to exercise caution and conduct thorough research before participating in memecoin investments.

The DOGS token’s achievement serves as a reminder of the power of community and social media in shaping the cryptocurrency landscape. As memecoins continue to capture the imagination of investors and enthusiasts, their impact on the broader digital asset market will likely remain a topic of significant interest.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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