Golden Observation | After Dogecoin, Animal Coin set off a new round of bubbles?

Under Musk's strong Amway, Dogecoin quickly went out of the circle and became one of the hottest currencies in the Year of the Ox. After Dogecoin became popular, all kinds of animal coins have gained a strong audience and sparked heated discussions.

Dogecoin, some people call it "Dogecoin/Dogecoin", was born on December 8, 2013. Based on the Scrypt algorithm, it is the second largest virtual currency in the world after Bitcoin in terms of users. The authors are Jackson Palmer, a branding and marketing expert in Australia, and Palmer, a programmer in Portland, Oregon, USA.

According to the data, Dogecoin has increased by 3412% in the past three months and 441% in the past 30 days under the strong Amway of Musk.

Golden Shuzo's "Little Treasury Cup Summer Games" series of collections officially launched at 15:00: September 9 news, Golden Shuzo's "Little Treasury Cup Summer Games" series of digital collections will be officially launched at 15:00 this afternoon It's on sale, and you can buy it half an hour in advance with the priority purchase qualification. The collection includes 9 styles including Frisbee, Tennis, Golf, Swimming, Basketball, Football, Cricket, Squash, and Squash Supreme Edition. This release will be the first time to try blind box gameplay and offline empowerment, aiming to rejuvenate sports with digital art and promote the digital ecological layout in the sports field. [2022/9/9 13:18:53]

Perhaps inspired by Dogecoin, Shiba Inu (Shiba Inu) coin SHIB was created in the past two days and spread in the cryptocurrency community. According to the official introduction, SHIB is an experiment in decentralized spontaneous community building. The SHIB token, nicknamed DOGECOIN KILLER, is the first token in the community, allowing users to hold billions or even trillions of tokens. SHIB is an ERC-20 token, and the price can be kept below a penny. SHIB will also be traded on the centralized exchange ShibaSwap in the future, and it is also its incentive token. ShibaSwap will be launched at the end of April.

Golden Morning News | Overview of important developments overnight on February 15: 21:00-7:00 Keywords: CBDC, Libra, SEC, Federal Reserve

1. Sources: The Libra Association is considering switching to a stablecoin backed by the US dollar;

2. The U.S. CFTC prosecuted the suspected crypto-Ponzi scheme for stealing $500,000 in funds;

3. Bitcoin ATM operator Coinsource earned more than $50 million in 2019;

4. SEC commissioner: Three years is enough to prove the legitimacy of the token;

5. Federal Reserve Mester: There are many aspects that need to be studied before issuing CBDC;

6. The beta version of Voice has been opened for US citizens to log in; [2020/2/15]

According to the data, SHIB rose by 1278.72% in the past 7 days.

Market | Gold disk: ONT/BTC rebounded sharply, short-term need for consolidation: Comprehensive analysis of the golden disk: ONT/BTC continued to rise sharply, and returned to the previous resistance platform. In the short term, there is a need for adjustment and adjustment. It is not recommended to chase higher, wait for the callback Choose to suck low. [2018/8/18]

AKITA INU is a 100% decentralized community experiment, half of the tokens have been sent to Vitalik Buterin, and the other half is locked in the Uniswap pool and the keys are burned. It is the same as SHIBA INU, but the token indicator is different. The AKITA token is inspired by Elon Musk and Dogecoin.

The data shows that AKITA rose by 16811% in the past 7 days.

It's not just the rise of various Dogecoins in turn. The entire animal currency sector has attracted the attention of the market. There is also Aragon—ANT in the collection of animal coins. Aragon is an open source project based on the Ethereum blockchain. It aims to be a decentralized autonomous organization (DAO) that allows stakeholders to vote on the future development and direction of the project. Aragon uses the ERC-20 token ANT to facilitate voting and governance of the project. Aragon Network is a digital management organization controlled by tokens. Its goal is to create an ecosystem that allows any organization, entrepreneur, and investor to collaborate efficiently and securely, without technical loopholes and malicious parties.

Jinse Finance Live Report Liang Yu, founder and CEO of Kaipai.com: The blockchain world should be distributed: Jinse Finance live report, at the 2018 FINWISE Tokyo Summit, Liang Yu, StarChain investor, founder and CEO of Kaipai.com He gave a speech titled "Blockchain Revolution Brings Tokens into Life". He pointed out: Blockchain technology has the characteristics of disintermediation. Whether it is a platform or an intermediary company, it is a process of deprivation of value, not value. progressive process. Copyright protection and distribution issues can be solved through blockchain technology. The pain points of the industry determine the future demand. At present, the industry has problems such as ownership and copyright issues, industry ecological closure, centralized operation mechanism, industry data falsification, high realization threshold and channel is king. The blockchain world should be distributed and fair. We want to let Token enter everyone's life, and don't let everyone continue to have ambiguity about the blockchain. [2018/5/21]

Aragon Network's on-chain organization will be built using Aragon Core, which is composed of a Solidity language decentralized autonomous organization (DAO) and a web-side decentralized application (DApp). Initially, Aragon Core will focus on capitalized corporate-type organizations, but it is modular enough to accommodate other kinds of organizations as well.

However, compared with the madness of the Dogecoin market, ANT’s increase is not large, with an increase of 96% in the past three months.

It is worth mentioning that Binance Smart Chain (BSC) and others are also included in the channel of Animal Coin. The BSC—Bunny team is committed to supporting the underlying DeFi ecosystem by providing users with an easy way to automatically combine returns through Binance Smart Chain. BSC rose 105.47% in the past 30 days.

In addition, there is the PIG protocol, which provides a simple solution: all coins are in your wallet, no rugs are possible, and it is 100% decentralized; automatic yield farming, no complicated asset pairing liquidity and the risk of unfixed losses. PIG is a high-yielding, frictionless farming token. There is a 5% tax on each transaction: 3% is locked in liquidity; 2% is distributed to PIG holders in proportion to their PIG holdings. PIG rose +310.00% in the past 30 days.

In addition, many projects in the market such as PIKA and FOX have also been included in the ranks of animal coins, but according to the data, the increase of the Dogecoin series is more obvious. However, with regard to the enthusiasm for animal coins, industry insiders believe that it is difficult for new entrants to obtain high returns on cryptocurrencies such as Bitcoin that have already risen, and it is easy to hype conceptual currencies. Dogecoin, which has skyrocketed dozens of times in the short term, still has the previous community accumulation and KOL support. Other currencies that appear rapidly, as well as currencies that have been affected by the concept, can easily become a tool for short-term speculation, and remind new entrants not to be too radical.

A reminder written at the end, since Bitcoin is already at a high level, investors are looking for altcoins to realize trading profits, but the sharp rise and fall of altcoins can be called "common" in the industry. Always keep in mind that the currency market has risks, and investment needs to be cautious.

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