By looking at the latest crypto launches in 2023, we can say that crypto innovation has been the name of the game in this year’s DeFi market. After releasing Shibarium Beta in March, the most recent Shibarium news update has told of an abrupt halt in transactions on its experimental Puppynet network which has been met unfavourably by the market.
In other news, the first Ether exchange-traded funds or ETFs might be coming this October. Lastly, POOR COIN (POOR), a rising star in the meme coin market, has announced a unique 10% referral scheme in presale. Join us in this article as we discuss these three leaders of crypto innovation – Ethereum (ETH), Shiba Inu (SHIB), and POOR COIN (POOR).
Shiba Inu’s Shibarium: Crypto Innovation Or Flop?
Despite its meme coin origins, Shiba Inu (SHIB) has solidified itself as one of the forerunners of crypto innovation. In an update released, the development team of the well-known blockchain project Shiba Inu announced the start of a new burning era associated with the layer-2 network Shibarium, which allows users to interact with decentralized applications (dApps) and transfer value. Like other layer-2 networks, Shibarium has a provision in its roadmap that allows the rate of transactions on the network to affect the burning of SHIB tokens.
The long-term goal is to implement an automatic burn process in January; according to the team, this automated model will adhere to preset guidelines and provide additional advantages including efficiency and transparency.
ETH ETFs Maybe Coming This October, Here’s All You Need To Know:
Exchange-Traded Funds (ETFs) may sound like crypto innovation, but they are a common business model in traditional finance, and with the first of these possibly coming to the Ethereum (ETH) network this October, it might be worth your time to learn what you can about them. Basically, ETFs are instruments used to trade Ether futures. These Ethereum ETFs can allow investors to pool resources to trade futures on Ether, thus minimizing individual risk. They can also be used to hedge one’s bets by functioning as a sort of insurance for crypto traders.
After purchasing ETH, for example, one may enter a futures contract predicting that the value of ETH will decrease. This way, gains made from the futures contracts can mitigate losses due to the value decrease of held tokens. This development is expected to drive significant community growth and greater investor interest in Ethereum. Speaking of community growth, it’s time to turn our attention to POOR COIN.
Learn more about this story here.
Don’t Miss Out On POOR COIN Referrals!
POOR COIN (POOR) is an exciting new project seeking to drive crypto innovation with its fresh take on meme coin design and creative approach to community growth. With a humorous and parodical approach, POOR COIN sets itself apart by aligning itself with the younger generation of investors. The project’s focus on incentivizing organic community growth is displayed through its transparent tokenomics, referral rewards, and Twitter giveaway.
The cornerstone of POOR COIN’s ingenuity lies in its innovative referral program, which operates as follows: Following participation in the presale, users have the opportunity to create and share personalized referral codes. When these codes are utilized for an investment, the referrer earns a 10% commission in USDT, ETH, or BNB based on the referred investment. Moreover, the referred investor is greeted with a 10% bonus in additional tokens as a welcoming gesture.
Crypto innovation is a well that never dries, no matter how much you pull from it.
Despite the uncertainty of the most recent Shibarium news update, we remain overwhelmingly optimistic about its future. We are also optimistic that the launch of crypto’s first ETFs could be one of the most influential crypto launches in 2023. Visit the website and follow the project on social media to stay updated.
POOR COIN: You Gotta Get $POOR To Get Rich!
Website: http://poorcoin.io/
Twitter: https://twitter.com/poorcoinsays
Telegram: https://t.me/PoorcoinGroup
Discord: https://discord.gg/uqq4Y6DeE4
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