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AAVE and GRT Altcoin Analysis for November 29, 2023
Bitcoin is maintaining its upward trend, with a current target of surpassing its annual high above $38,400. This update provides an analysis of the market situation for the alternative coins Aave (AAVE) and The Graph (GRT) as of Wednesday, November 29.
In the last two years, the number of Cardano investors holding onto their coins for over a year has surged nearly ninefold, now at 2.7 million wallets. At the same time, a decline in the number of medium-term investors suggests a notable trend toward long-term investment strategies among Cardano users.
NYDFS wants to increase transparency from cryptocurrency companies operating in the state, particularly in their processes for listing and delisting cryptocurrencies.
The new framework will require firms to develop their coin-listing policies in three key areas: governance for the coin-listing process, risk assessments of coins, and procedures for monitoring coins.
The framework will also require firms to provide detailed information on their criteria and decision-making process for delisting a coin.
The proposed legislation is open for public comments and will remain so until October 20th.
Between mid-July and Base’s public introduction in August, more than 500 scam tokens, like BASEPEPE (BPEPE) and Baby Yoda (YODA), were deployed on the blockchain, as reported by Solidus Labs,
Around 300 of these tokens enabled their creators to generate an unlimited number of coins, unbeknownst to Base users, significantly impacting the tokens’ values.
Moreover, about 60 tokens prevented buyers from reselling them on exchanges.
The scam tokens collectively generated approximately $3.7 million in trading volume and yielded around $2 million in profits, according to Solidus.
Sandeep Nailwal, the co-founder of Polygon, is exploring the idea of endorsing certain popular meme coins on the Polygon blockchain to draw in a broad array of new users. He noted that there is sustained interaction with these projects, even in the absence of inherent utility. Beware: Uniswap Now Hosting a Dubious Meme Token
Amidst the Ethereum ETF speculation frenzy, a surge in dubious coins and new assets targets investors caught up in the hype. A new token on Uniswap seems to fit this pattern, with its name indicating a reliance on potential Ethereum ETF approval news to boost its value. How to protect your wallet against advanced scam?
The realm of cryptocurrency still echoes the lawlessness of the Wild West, with over $20 billion in tokens and coins falling into the hands of thieves in 2022 alone. To shield yourself from becoming as easy a target as a gold-laden stagecoach, it's essential to follow a series of subtle yet powerful guidelines designed to protect your wealth. The Crypto Garden: How Blockchain Changes the Agriculture
Turns out crypto is suitable not only for meme coins and market manipulation, but also for maintaining the high quality of the food you are getting. For over 5 years technology powering Ethereum, NFT’s and Dogecoin has been solving the problem of agricultural digitalization. But how’s that possible and why blockchain is used for this purpose? BTSE: The Crypto Oasis with 150+ Coins!
BTSE is a crypto exchange with 150+ assets listed. It uses BTSE tokens, part of the Liquid Network, and has a market cap of $274M. It offers multiple rewards and staking program benefits. Founded by pros with experience in Wall Street, it is focused on innovation and usability. 









