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WALZ Meme Coin Skyrockets After Harris’s VP Pick – Now It’s on a Downward Spiral
Following Kamala Harris’s decision to select Minnesota Governor Tim Walz as her running mate, a new meme coin on the Solana blockchain emerged, named tem walz (WALZ). The token experienced a spike on Tuesday, coinciding with Harris’s announcement, with its market cap nearly touching $1 million. However, today, the market valuation of WALZ has decreased to $136,000. ‘Tem Walz’ Meme Coin Pumps and Dumps As political and election-related meme coins have gained significant attention in 2024, another contender, tem walz (WALZ), has been introduced. The name intentionally plays on Minnesota Governor Tim Walz’s surname. Despite the attention, it hasn’t performed...
Flare Network Burns 66M FLR Tokens: Could This Be the Turning Point for FLR Price
Flare (FLR) Network, a layer-one blockchain focused on decentralized data infrastructure, has announced its latest monthly token burn, a move designed to enhance the value of community-held tokens. In this month’s burn, Flare incinerated 66,293,390 FLR tokens, part of a larger 2.1 billion FLR burn initiative set to run until January 2026. The Flare team is targeting a burn of over 2 percent of the total token supply by the end of the program, a development expected to significantly benefit long-term holders. Hugo Philion, CEO and co-founder of Flare Network, emphasized that this massive 2.1 billion FLR burn—representing approximately 40...
Thomas Giacomo: The BSV Association wants to be the Linux Foundation of BSV blockchain
“The BSV Association is the open-source body of the ecosystem. We want to be for the BSV blockchain what the Linux Foundation is for operating systems,” says Thomas Giacomo. width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"> Giacomo, the BSV Association’s Director of Utility, was among the speakers at the BSV DevCon 2024, where he discussed the Association’s role in shaping the future of the BSV blockchain ecosystem. CoinGeek Backstage caught up with him on the sidelines of the event to delve into the Association’s roadmap. “We want to be the neutral entity in the ecosystem focused on building open-source components,” he told CoinGeek’s...