Shytoshi Kusama teases SHIFU, a new Shiba Inu meme coin, promising airdrops, sparking excitement, skepticism, and ecosystem growth.

Despite the BTC price falling near the $96,000 mark, the altcoins are in a heated bull run. One of the top performers, JasmyCoin, has increased its market price by 17% over the past 24 hours. As it inches closer to its $2 billion market cap, the bullish sentiments anticipate a price surge beyond $0.050.

Shytoshi Kusama, the face of Shiba Inus decentralized movement, has vowed to thwart challenges facing SHIB DAO. His pledge to defend the ecosystem and empower SHIB holders reflects the teams readiness for decisive actions against threats.

The enigmatic SHIB lead known under the pseudonym Shytoshi Kusama has made an important statement about what he referred to as “new bad actors,” warning them that their plans would be overthrown by counter actions from the SHIB team.

Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

Cardano (ADA) and MultiversX (EGLD) communities and investors are looking forward to a potential collaboration hinted at by their leadership. On November 30, IOHK CEO Charles Hoskinson and MultiversX Foundation CEO Beniamin Mincu agreed upon a goodwill meeting this week.

Shytoshi Kusama, the enigmatic lead of the Shiba Inu team, has triggered a mixed reaction from the SHIB community with what seems to be a sarcastic tweet about SHIB burns.

Mysterious Shiba Inu lead developer Shytoshi Kusama has shared that he plans to give the second-largest meme coin utility and take it to the top five list of cryptocurrencies.

The Shiba Inu lead Shytoshi Kusama in a latest tweet has shared an AI-generated image depicting ‘how it feels trying to give utility to a meme coin and take it from top 15 to top 5, in less than 5 years, and without a huge budget'. He clarified that he was talking about SHIB.

In a recent tweet, the enigmatic Shiba Inu lead Shytoshi Kusama addressed issues of working with a meme coin to give it utility and then take it to the top five list of cryptocurrencies. He then specified that he was talking about SHIB.

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.

Jasmy price has moved into a bear market as the crypto sell-off continues. With whales selling JasmyCoin, can it bounce back by 95% and retest $0.044, its highest level in 2024?

Shiba Inu (SHIB), a cryptocurrency that originally gained attention as a meme coin, is slowly evolving into something much more. With a market cap of $15 billion and a massive surge in its burn rate, SHIB is gaining momentum. But there's a bold idea floating around, burn 99% of its supply.

Shytoshi Kusama, the driving force behind Shiba Inu, shared key insights into SHIB burns and the ecosystems future. As burn rates jumped 135% in 24 hours, Kusama stressed the importance of building partnerships to boost Shibariums utility and burn potential.

The firm's founder has stressed that the layoffs are not financially motivated.

Shytoshi Kusama, the pseudonymous lead of the Shiba Inu team, has been debating with SHIB enthusiasts on X and revealing interesting details about his work schedule. He also poured cold water on the idea of some SHIB enthusiasts as to how the SHIB burn mechanism works in reality.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

KSM pulls off a mighty 119% single-day rally, following a surge in liquidity within the Polkadot and Kusama ecosystems.

The Permanent Electoral Authority in Romania (ROAP—Romania Autoritatea Electorală Permanentă) is using blockchain technology to count and validate presidential electoral votes on November 24.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

Shytoshi Kusama, the anonymous lead spokesperson of the Shiba Inu (SHIB) ecosystem, has taken to X to highlight the popular meme-inspired cryptocurrency's position among the market's top performers.

Polkadot price rose for three consecutive weeks, reaching its highest level since March 4. It has risen to above $8, up by over 138% from its lowest point this year. Similarly, Kusama (KSM) token rose to $45, a significant increase from the year-to-date low of $16.43.

Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap. TREAT seeks to improve the Shiba Inu ecosystem's governance and trust.

JasmyCoin formed a God candle on Saturday, soaring to a high of $0.030, its highest level since July 2024. It has jumped by 72% from its lowest point in August, meaning that it has largely underperformed other coins.

Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB's creator, Ryoshi, Treat is designed to replace BONE as ShibSwap's reward token and provide liquidity for SHIB, the ecosystem's stablecoin.

Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.

The cryptocurrency market has experienced heightened volatility amidst rising geopolitical tensions between Ukraine and Russia, leaving investors grappling with uncertainty.

Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.

The Chinese giant Alibaba Cloud announced a partnership with MultiversX (EGLD), while Alibaba (NYSE: BABA) published Q3 2024 earnings results. This partnership starts as EGLD strongly enters the Asian market with an UpBit listing and notable mentions in the media.

Adding trading fees would be counter to the strategy Blur employed as it became the largest NFT marketplace by trading volume.

Latest updates on CRO, THETA, and JASMY coins.

Elrond (now rebranded as MultiversX) has continued to make strides as a scalable and secure blockchain platform for decentralized applications (dApps) and decentralized finance (DeFi). With its focus on high-speed transactions, low-cost operations, and interoperability, the platform has garnered considerable attention from both investors and developers.

JasmyCoin price rose for two consecutive days, reaching its highest level since Oct. 24 as sentiment in the crypto industry improved. JasmyCoin (JASMY), the popular Japanese token, climbed to an intraday high of $0.

As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.

Despite a recent pullback, AXS is set for a strong recovery.

In this article, we look at the most relevant news in the crypto sector involving the Monero, Aptos, and JasmyCoin projects.

Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.

Two popular tokens, Axie Infinity (AXS) and Sandbox (SAND), have seen significant price increases recently. This uptick comes as the entire crypto market experiences a rally, with Bitcoin testing the crucial price level of $69,000.

New interest in crypto gaming has play-to-earn game Axie Infinity (AXS) up as bulls celebrate upside momentum. It's an outlook that's also catalysed interest in Dogizen (DOGIZ). This tap-to-earn game has captured investor attention with the first-ever Telegram ICO.

The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.

AXS Unlock date - Oct 14th 2024 Number of tokens unlocked- 12.58 million AXS (4.66% of its circulating supply) Current Circulating Supply - 152.23 million million AXS Token distribution Staking rewards - 2.45M tokens (3.13%) Teams - 5.74M tokens (10.1%) P2E - 2.70M tokens (5%) Ecosystem - 1.69M tokens (7.81%) Source - cryptorank.

Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.