Shiba

Terra Classic

Terra

Optimism

Shiba Inu

Another week ends with notable events witnessed across the cryptocurrency realm. Among these events, Shiba Inu, Worldcoin, and Terra’s chronicles appear to have piqued the interest of crypto market enthusiasts globally.
Some of the top headlines that echoed a buzz within the broader crypto market this week are:
<h2 id="shiba-inu-propels-optimism">Shiba Inu Propels Optimism</h2>
Shiba Inu, an eminent meme coin, showcased a storm of breakthroughs this week, with significant developments within its ecosystem. The DN404 test token, <a href="https://coingape.com/shiba-inu-developer-highlights-key-updates-orbiting-sheboshi-nft-launch/" target="_blank" rel="noopener noreferrer nofollow">SHEboshi</a>, marked its debut this week, running into a dry stock spell soon after its launch.
Intriguingly, the Shiba crypto community re-adjusted Sheboshis’ supply right before its launch, increasing it from 12,000 to 20,000. However, with the DN404 test token’s immense popularity, it soon ran out of stock.
Meanwhile, with the community’s continued <a href="https://coingape.com/shiba-inu-weekly-burn-soars-100-shib-to-hit-0-001/" target="_blank" rel="noopener noreferrer nofollow">burning</a> of colossal amounts of <a rel="noopener noreferrer nofollow" href="https://www.shibburn.com/" target="_blank">SHIB</a>, the meme coin painted a bullish climate for itself this week.
<h2 id="worldcoin-rockets">Worldcoin Rockets</h2>
Sam Altman’s AI-meets-crypto project, Worldcoin, marked a tempest of strides this week as its price rallied nearly 200%. <a href="https://coingape.com/key-reasons-why-worldcoin-wld-price-soared-190/" target="_blank" rel="noopener noreferrer nofollow">Numerous factors</a> appear to have supported WLD’s price rally, including burgeoning whale accumulations and rising project adoption.
On the other hand, Alameda’s WLD holdings birthed additional inferences for potential price action shifts. As the WLD price rallied phenomenally this week, speculations over Alameda’s WLD selling birthed.
Also Read: <a href="https://coingape.com/jpmorgan-predicts-bitcoin-halving-already-priced-in-is-a-major-correction-ahead/" target="_blank" rel="noopener noreferrer nofollow">JPMorgan Predicts Bitcoin Halving Already Priced In, Is A Major Correction Ahead?</a>
<h2 id="terra-s-advancements">Terra’s Advancements</h2>
The Terra Classic community proposed a crucial measure to raise the minimum initial deposit for new proposals in the deposit stage this week. This comes as a measure to prevent the burgeoning spam proposals in the deposit voting section.
Simultaneously, the measure mentioned above, <a href="https://coingape.com/terra-luna-classic-minimum-initial-deposit-proposal-officially-passed-lunc-price-jumps/" target="_blank" rel="noopener noreferrer nofollow">Proposal 12071,</a> “Set the Minimum Initial Deposit to 1 million LUNC,” was officially passed this week, with 89% votes in favor.
In the interim, Terraform Labs co-founder <a href="https://coingape.com/terra-vs-sec-court-sets-pretrial-deadline-as-do-kwon-set-for-us-extradition/" target="_blank" rel="noopener noreferrer nofollow">Do Kwon’s</a> tussle with the U.S. SEC took a new turn as the court set pretrial deadlines and other procedures amid Do Kwon’s extradition news.
The Terra Classic community also witnessed the potential rejection of the <a href="https://coingape.com/lunc-news-terra-classic-community-rejects-tax2gas-proposal-but-theres-a-catch/" target="_blank" rel="noopener noreferrer nofollow">Tax2Gas proposal</a>, with 48% rejecting the proposal and 23% favoring it. This further piqued the interest of crypto market enthusiasts globally.
Also Read: <a href="https://coingape.com/ripple-ex-director-denies-xrp-etf-speculation-corrects-facts/" target="_blank" rel="noopener noreferrer nofollow">Ripple’s Ex-Director Denies XRP ETF Speculation, Corrects Crucial Facts</a>
The post <a href="https://coingape.com/crypto-headlines-of-the-week-shiba-inu-worldcoin-terra-fuels-optimism/" rel="noopener noreferrer nofollow">Crypto Headlines Of The Week: Shiba Inu, Worldcoin, &amp; Terra Fuels Optimism</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Crypto Headlines Of The Week: Shiba Inu, Worldcoin, & Terra Fuels Optimism

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