// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> Memecoins the next catalyst for crypto adoption — DappRadar analyst – CoinsMegaNews

Memecoins the next catalyst for crypto adoption — DappRadar analyst

2 years ago CryptoExpert
Memecoins the next catalyst for crypto adoption — DappRadar analyst

[ad_1]

In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain research analyst at DappRadar — a cryptocurrency data tracking platform — discusses the recent hype around memecoins, while looking at on-chain data. Gherghelas also provides insights on how other sectors, such as nonfungible tokens (NFTs), are faring as memecoins take off.

Gherghelas believes we are in a memecoin era. From her perspective, when you mention Web3 or cryptocurrencies in 2023, many people will associate the terms with memecoins. Gherghelas says there have been multiple memecoin cycles in the cryptocurrency space, but this time is different because the trend has been sustained for a more extended period.

The blockchain analyst associates the trend with the popularity of memecoins on social media and the creation of tight-knit communities that people want to be a part of. What’s more, the price action of memecoins in this cycle has attracted a large crowd of traders looking to make returns, according to Gherghelas. She also adds that memecoins are more accessible and inclusive due to their low barrier of entry.

“You can be a millionaire in Shiba, but you can never afford one million Bitcoin or one million Ethereum.“

Memecoins could be more than just a social media trend or an attempt to make quick returns. Gherghelas highlighted projects like Shiba Inu, which is building a decentralized exchange and layer-2 network, and Floki Inu, which is building a metaverse. The blockchain research analyst believes that memecoins are not a zero-sum game for the cryptocurrency industry because most people who come in through memecoins may stay and discover other aspects of crypto.

While memecoins flourished, other cryptocurrency industry sectors struggled, according to data tracked by DappRadar. Gherghelas highlights the decrease in wallet activities on blockchain gaming platforms and mentions that NFTs maintained a decent amount of activity.

Related: Financial surveillance, privacy and CBDCs: Why are governments going cashless?

Check out the latest episode of Hashing It Out, featuring Sara Gherghelas from DappRadar, on Apple Podcasts, Spotify, Google Podcasts or TuneIn. For more informative podcasts, visit the Cointelegraph Podcasts page.

[ad_2]

Source link

Tags: ,

More Stories

Which Will be the Top Meme Coins in April? ChatGPT Analyzes

Which Will be the Top Meme Coins in April? ChatGPT Analyzes

1 year ago CryptoExpert
Time to Buy Dogecoin (DOGE) Before it Pops to $1? This Popular Analyst Thinks So

When is the DOGE Bull Run Starting?

1 year ago CryptoExpert
Time to Buy Dogecoin (DOGE) Before it Pops to $1? This Popular Analyst Thinks So

Dogecoin (DOGE) Must Break Above This Level To Reach New ATH: Details

1 year ago CryptoExpert
Dogecoin (DOGE) Price Predictions, Bitcoin's Attempt at $70K, Shiba Inu (SHIB) Adoption, : Bits Recap April 8

Dogecoin (DOGE) Price Predictions, Bitcoin’s Attempt at $70K, Shiba Inu (SHIB) Adoption, : Bits Recap April 8

1 year ago CryptoExpert
Outrageous Price Predictions for 2025

Outrageous Price Predictions for 2025

1 year ago CryptoExpert
Will SHIB and DOGE Skyrocket After the Upcoming Bitcoin Halving?

Will SHIB and DOGE Skyrocket After the Upcoming Bitcoin Halving?

1 year ago CryptoExpert

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>

You may have missed

Online Gambling Establishment Real Money: A Comprehensive Overview to Winning Large

3 days ago xtw18387208b

How to Deposit at Online Gambling Establishments Using Neteller

3 days ago xtw18387208b

Free Online Slots No Download: The Ultimate Guide

3 days ago xtw18387208b

The Best Places to Play Casino Games Online

3 days ago xtw18387208b