Hot Crypto Stories: Crypto’s Greatest 2024 Hits
It feels like a lifetime ago when the mysterious Satoshi Nakamoto released the Bitcoin whitepapers in 2008. Over a decade of advancement has blossomed since then. What began as a niche interest within tech circles, has burgeoned into a societal staple embraced by all.
Nowadays, “crypto” is officially the buzzword on everyone’s lips. Whether you’re a seasoned crypto trader or just crypto-curious, this is where SlotsLV Casino sorts things out and hand delivers hot takes, fun trends, wacky stories, and must-know facts from the crypto universe.
You may watch in amazement as we reveal breakthrough technologies that could change the way you bank. Or you might chuckle at random fun facts about pizza, or get excited about viral tokens making millionaires overnight. In any case, we’re your go-to resource for the latest and greatest crypto stories floating around the internet.
Let’s see here… what’s going on lately?
Crypto’s Greatest 2024 Hits
December 19, 2024.
2024 will go down as the year crypto roared back to life. It was a whirlwind of groundbreaking breakthroughs, unstoppable momentum, and records smashed to dust. Let’s look back and relive crypto’s heroic journey from January to December.
January: Bitcoin ETFs
The story began with a seismic shift in January. After years of waiting, the SEC finally approved spot Bitcoin ETFs. The barriers between mainstream investors and Bitcoin crumbled overnight, unleashing a flood of institutional money into the market.
March: Ethereum’s Proto-Danksharding Upgrade
As the year marched forward, Ethereum took center stage in March with its Proto-Danksharding upgrade. This launch slashed transaction costs and dramatically increased throughput, making Ethereum faster and cheaper than ever before.
July: Ethereum Spot ETFs
By mid-year, Ethereum wasn’t content to let Bitcoin hog the spotlight. In July, it secured its own spot ETF approval. Suddenly, the doors swung wide open for more investors to embrace Ethereum’s vast ecosystem.
October – December: Web3 Gaming Revolution
As the year wound down, crypto showed no signs of slowing. The gaming world exploded with Web3 innovations. Titles like Off The Grid and Ember Sword ushered in a new era of play-to-earn gaming with NFTs tied to in-game assets.
We didn’t think it could get any better than that, and then…
December: Bitcoin Blasts Past $100K
…December arrived with a bang! Bitcoin shattered the $100,000 milestone on the 4th after idling around $60K for several months, sending shockwaves across the market.
As 2024 closes with Bitcoin soaring past $100K, fresh investment opportunities igniting excitement, and tighter regulations adding a layer of security, all signs point to 2025 shaping up to be the most groundbreaking year in crypto history.
PEPE Hops to the Top 20 Cryptos
December 12, 2024.
Pepe Coin, born from the internet’s love affair with the iconic “Pepe the Frog” meme, has leaped to the top 20 cryptocurrencies globally with a nearly 2,000% increase since the beginning of the year.
Launched in 2023, this frog-themed token started as a sassy ripple in the vast cryptocurrency market. By the end of 2024, it has turned into a tidal wave, hopping over milestones and leaving rival meme coins like Dogecoin and Shiba Inu floundering in its wake.
The story took a dramatic turn in early December 2024. PEPE’s price croaked its way to a new all-time high of $0.000027. This rise was buoyed by a surge of enthusiasm following Ethereum ecosystem inflows.
Market chatter bubbled up as analysts anticipated that upcoming regulatory changes could allow ETFs tracking proof-of-stake cryptocurrencies, like Ethereum, to stake their holdings and generate additional yield for investors.
This led to record-breaking inflows into Ethereum ETFs, which hit $428 million in a single day, setting the stage for PEPE’s historic climb.
Beyond the institutional flows in Pepe’s pond, Coinbase and Robinhood listed the token in mid-November, which made the frog chorus grow even louder. In just three days at the start of December, the meme coin saw an influx of over 13,000 new wallets.
Analysts expect PEPE to hop toward $0.0000336 soon, with bullish momentum and strong buying activity pointing the way.
Despite a brief scare when a whale offloaded $50.9 million worth of PEPE, the crypto frog did not croak under pressure, and the token stayed steady. It keeps paddling upstream, gaining attention as the king of the pond.
Hamster Kombat Token is the Squeak of the Week
November 21, 2024
The native token of a Telegram-based mini-game, Hamster Kombat (HMSTR), is whisking through the crypto charts this month. The chubby-cheeked warrior rolled up a 37% price spike within 24 hours in the second week of November, inspiring dreams of reaching $1 if the hamster horde keeps pace.
But hold your hamster wheels for a minute – what, exactly, is Hamster Kombat?
Hamster Kombat is two things. First, it’s a Telegram-based mini-game where players don the adorable title of Hamster CEO. Then, it’s also the name of the native token players, or the “CEO”s, use as currency within the game, known as HMSTR.
In the Telegram-based mini-game, the hamster bosses manage a fictional crypto exchange. They flitter their whiskers and make big, important business decisions by investing in marketing, hiring hamster squads, and sprucing up their virtual hamster office spaces.
Season 1 was a smash among the hamster-loving crypto crowd. It drew a huge player base that reached the tens of millions at its peak. The project hit a few squeaks, like an 86% drop in monthly active users from 300 million in August to 41 million by November.
However, the remaining community is fiercely loyal, with over 11 million token holders likened to “239 Yankee Stadiums full of hamsters.” That’s a wheel-y big crowd!
Now, the Hamster Kombat team is fluffing its fur for a much-anticipated Season 2 launch. This next chapter promises exciting new features, including virtual studio management, community-driven challenges, and a team-member hiring system.
Most importantly, the devs have hinted at an exclusive airdrop to reward dedicated players who’ve kept their tokens snug in-game.
Peanut the Squirrel’s Legacy Lives in $125M Memecoin Surge
November 6, 2024.
The world’s newest meme coin sensation, PNUT, scurried up the crypto charts this week, reaching a tail-twitching $120 million market cap in a span of just two days. This Solana-based token emerged from a viral tale of heartbreak, outrage, and a little squirrel named Peanut.
Seven years ago, Mark Longo, a small animal rescuer from Pine City, New York, found a tiny, injured squirrel in need of care. He named him Peanut, and the little furball quickly wiggled his way into Longo’s heart.
Under Longo’s watchful care, Peanut flourished, transforming from a vulnerable critter into a full-fledged internet star. With over half a million fans, Peanut charmed the world as he nibbled on treats, sported tiny hats, and snuggled up to his devoted caretaker.
Then, on October 30, Peanut’s story took a heartbreaking turn. New York’s Department of Environmental Conservation seized Peanut and euthanized him, sparking an online firestorm. Social media couldn’t believe it – a harmless little squirrel, adored by thousands, taken away and put down. Fans, outraged, demanded justice for Peanut.
Out of this collective grief and fury, PNUT was born.
Peanut’s fans took their sorrow to the blockchain, creating a memecoin in his honor. From the moment PNUT scampered onto the DeFi marketplace, traders pounced. The token raced up the charts, quickly reaching a $120 million market cap.
Investors flooded in, seeing both a tribute to Peanut and a lucrative opportunity. One trader turned a $44,800 investment into $1.4 million, while another saw their $17 acorn stash swell into a cheek-filling 12,000x profit.
Now, Peanut’s memory has burrowed into the blockchain, creating a legacy that lives on as one of the top tokens on the Solana network.
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