Polkadot

The community currency $DED, backed&nbsp;by Polkadot, made it to the&nbsp;trending charts on X (previously Twitter), indicating the power and support of the community for the memecoin.
$DED has just become the newest community coin&nbsp;to make waves in the space. Over 20,000 people are waiting for their airdrop in the <a href="https://t.me/dedbird" target="_blank" rel="noopener noreferrer nofollow">$DED telegram channel</a>, demonstrating the enthusiasm that $DED, which represents for the Polkadot ecosystem, has inspired in the community.
<img decoding="async" src="https://lh7-us.googleusercontent.com/5wEidoO4P2P7fu5uCvvY-LbXqeM6sSXCBOvh03pJHmLoiPurbj0X5NFUSB7gy_aCXkxI-xn31pRyT5te730SMlSD2gFK9GphL5LP7rbucr8Va807Dbo1Paac89gsuE6Aw90E9Wr_Fmri6UhKHWbbiFU" width="602" height="300">
The fact that the token’s snapshot startled the community early last week confirms DED’s positioning as a token meant to provide users with an additional incentive to stay on the network.
For the Polkadot ecosystem, $DED represents a second coming. The creation of the $DED token, which added new liquidity to the ecosystem and offered Polkadot an opportunity to capture more market share, has been seen by many as a significant turning point.
Through collaborations and backing from leading projects on the network, like <a href="https://x.com/wearetalisman/status/1753949769645342959?s=20" target="_blank" rel="noopener noreferrer nofollow">Talisman Wallet</a>, Nova wallet, <a href="https://x.com/subwalletapp/status/1771476245982634144?s=20" target="_blank" rel="noopener noreferrer nofollow">SubWallet</a>, and several more, $DED is demonstrating the strength and dedication of the Polkadot community.
With a total prize pool of over $30,000 in DOT, DED has also started the largest Zealy campaign the network has ever seen. Notable figures in the cryptocurrency world have also joined in on the fun. On&nbsp;a segment of his most recent video, YouTuber <a href="https://x.com/dotisded/status/1755242777166651602?s=20" target="_blank" rel="noopener noreferrer nofollow">DataDash</a> said that this would “Put Polkadot back in centre stage,” while other participants included Ash Crypto, DubzyXBT, and Crypto Banter.
<img decoding="async" src="https://lh7-us.googleusercontent.com/Z3KpUW-tomptbEhLPVzhlE2hry6ZLgTK2rUkoiqwbh3fP4mdiSAaCZQOZ59CRNslOryzrvvCMAcA0WVA6Vp_n3Reudclp2K5dQUZ-XBFknUcJ07WQqJdWQbYEdKdAC7WGA7n3UIIlSt5hMknf5WMyvE" width="602" height="336">
<h3 class="wp-block-heading" id="h-recap-of-the-ded-mission">Recap of the DED Mission</h3>
The community launched $DED with the intention of producing the first memecoin on DOT. The community&nbsp;believed that by banding together, they might create excitement and draw more people to Polkadot. The difficult aspect was figuring out how to accomplish it, but once they saw how $BONK served as a catalyst for the Solana ($SOL), the solution was obvious.
Approximately 100,000 of the more than one million DOT holders have persevered to support the DED launch. After taking the snapshot, DOT and DED are waiting for its airdrop.
<h3 class="wp-block-heading" id="h-second-wind-for-polkadot">Second Wind for Polkadot?</h3>
It is evident that $DED has placed the icing on the cake for any belief that the Polkadot ecosystem is extinct. The community, Foundation, and several ecosystem initiatives’ persistent dedication to working together to bring new life to the market.
For the most recent information and community activities Follow them on <a href="https://twitter.com/dotisded" target="_blank" rel="noopener noreferrer nofollow">Twitter/X</a> and join the $DED <a href="https://t.me/dedbird" target="_blank" rel="noopener noreferrer nofollow">Telegram channel</a>.

Polkadot-backed $DED Trends on Twitter Post Memecoin Snapshot Announcement

Table of Contents

TheNewsCrypto

Alte articole publicate pe 25 mar. 2024

Is Brazil leading the LATAM charge into Crypto?

Leveraging Bull Run Success: Why Savvy Crypto Whales Are Betting Big on This Crypto as Their Next...

Financial guru Robert Kiyosaki to add 10 Bitcoin to portfolio by April

The Conundrum of Open Source AI: Defining the Future of Technology

Artificial Intelligence Models Shape Cryptocurrency Portfolios

Shiba Inu Sees 825% Surge in Shibarium Metric

Join our free newsletter for daily crypto updates!