Theย latestย information and price performance of the 3 cryptocurrency projects Cosmos (ATOM), Shibaย Inuย and ARPA.
Here is todayโs update.
Cosmos (ATOM), Shibaย Inuย and ARPA: news from the 3 cryptocurrency projects.
Following last weekโs latest news from Cosmos, which mentioned the integration of the ATOM ecologicalย system into the renowned hardware wallet provider Ledger, now the cryptocurrency project has shared new updates with its โCosmonautsโ crypto-community.
This is the launch of the new Neutron (NTRN) cryptoย token as the Cosmos Hub consumer chain, an event organized in 3 phases, which started yesterday and will end on 5 June.
On May 11th Neutron officially launched as Cosmos Hub consumer chain
Tomorrow, 24th of May, the Neutron cryptoย token launch event will begin!The event will have 3 phases:โ #NTRN Fall to #ATOM stakers
โ Liquidity Auction
โ LockdropBy June fifth the event will beย finishedhttps://t.co/3HdVPc9npt
— Cosmos Hub
The Shiba Inu project, on the other hand, persistsย to progress from a technological standpoint, with the 11 Million transactions recorded on its Layer 2 beta, the Shibarium Puppynet.ย
Not only that, dedicated to its Shibarmy, Shibaย Inuย (SHIB) announced the new SHIB-themed cold wallets made by Tangem, pre-orders for which will begin on 29 May.
#SHIBARMY! @Tangem is about to unleash SHIB-themed cold wallets!
These card-shaped vaults are set to become your new best friend for safeguarding our ecosystem’s cryptoย tokens. Get ready to fetch your own when pre-orders kick off on 29th May: pic.twitter.com/7kAfLZYHPG
— Shib (@Shibtoken) May 18, 2023
And finally, the ARPA project boasts to its Twitter followers that it is amongย the Top 10 most searched cryptocurrency assets on LunarCrush, the social intelligence platform for digitalย currencies, Non-Fungibleย Tokenย (NFTs) and stocks. Inย reality, ARPA ranks sixth.
Here are the Top 10 current trending searches
on https://t.co/Ye6Yvoh7kQ$pepe $vra $btc $rndr $fil $arpa $doge $eth $arb $injLunarCrush Social Insights: pic.twitter.com/Tam0c3gGun
— LunarCrush (@LunarCrush) May 24, 2023
ARPA marks a 120 percent price pump in the past 7 days
Taking a look at the price performance of the 3 digitalย currencies, we see that ARPA inย particularย appearsย to be the one bucking the trend, registering a positiveย tendency move that has taken itsย value back to the days of December 2022.
Inย particular, ARPA has registered a 120 percent pump in the past 7 days. Itsย value has thus risen from $0.048 to theย present $0.106.
Not only that, the marketย capitalization has likewise experienced the same tendency, becoming at the time of publication nearly $132 million. Thanks to this achievement, its position in the overall cryptocurrency ranking likewise sees it boost to 177th position.
ARPA Network (ARPA) is a secure decentralized computing network built to makeย better blockchainย tech equity, security and privacy.
The ARPA threshold BLS signature network serves as a verifiable random number generator (RNG) infrastructure, secure wallet, bridge betwixt chains, and decentralized custody on numerous blockchains.
Who knows whether this latest appreciation by ARPA investors is motivated by Randcast, a verifiable random number generator (RNG), which is the 1st appย leveraging ARPA as infrastructure.
Cosmos (ATOM), Shibaย Inuย (SHIB) (SHIB): price performance speaks of bear market
Inย contrastย toย ARPA, the two cryptocurrency assets of ATOM and SHIB are seeing more of a bear market trend.ย
Andย yes, regardlessย of the good news, ATOM has dumped 3.70 percent in the past 7 days and 2.50 percent in the past month. Atย theย timeย ofย publication, ATOM is worth $10.49, but its $3 Billion marketย capitalization puts it in 21st position in the overall digitalย currency rankings.
Nonetheless, the one struggling to boost in price is SHIB, the โ Dogecoinย (DOGE) Killerโ which can no longer keep up with its rival. SHIB is experiencing a price dump of 2.87 percent in the past 7 days but 16.90 percent in the past month.
Its marketย capitalization of $5 Billion keeps it in 15th position, still far behind the 8th cryptocurrency DOGE.
