Crypto News, April 20: Twitter on Blockchain, Bukele's Bitcoin Bonds in Doubt, Shiba Inu Scandal

Podcast: Think Bitcoin is Volatile? Take a Look at Netflix's Share Price

Shiba Inu Metaverse Controversy as User Attempts to Draw Swastika on Map By Buying Virtual Land

SHIB Metaverse: Plots of Land Revealed, How Much They'll Cost, and Why They're Priced in ETH

Binance Giving Away $100,000 in SHIB to New Users

To find out even more about this project, check out our deep dive of [Doge Killer](https://coinmarketcap.com/alexandria/article/will-the-doge-killer-leash-reach-10-000).

## What Is Doge Killer (LEASH)?

[Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) is a token in the [Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) (SHIB) ecosystem. Shiba Inu is commonly referred to as the “[Dogecoin](https://coinmarketcap.com/currencies/dogecoin/) (DOGE) killer” because of its enormous popularity. SHIB grew to become the second-largest canine-inspired coin in the crypto space and aims to be the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) (ETH)-based counterpart to Dogecoin’s [Scrypt](https://coinmarketcap.com/alexandria/glossary/scrypt)-based [mining](https://coinmarketcap.com/alexandria/glossary/mining) algorithm. Besides LEASH, there is also [Bone ShibaSwap](https://coinmarketcap.com/currencies/bone-shibaswap/) (BONE), another dog coin that is part of the Shiba universe, which can be traded on its own ShibaSwap [decentralized exchange](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) (DEX).

LEASH, BONE and SHIB are all part of the dog coin avalanche that has taken the crypto space by storm in 2021. Other examples of dog-themed coins are [Baby Dogecoin](https://coinmarketcap.com/currencies/baby-doge-coin/) (BabyDoge), [Drunkdoge](https://coinmarketcap.com/currencies/drunkdoge/) (DRUNK), [JINDO INU](https://coinmarketcap.com/currencies/jindo-inu/) (JIND), [Alaska Inu](https://coinmarketcap.com/currencies/alaska-inu/) (LAS), and [Alaskan Malamute Token](https://coinmarketcap.com/currencies/alaskan-malamute-token/) (LASM). 


## Who Are the Founders of Doge Killer?

[Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) (SHIB) was created in August 2020 by an anonymous person or group using the pseudonym “Ryoshi.” As a part of the Shiba Inu ecosystem, Ryoshi is also behind [Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH), and there is still close to no information regarding the identity of the tokens’ creator(s). In Shiba Inu’s whitepaper – whimsically entitled the “Woofpaper” – Ryoshi give(s) three reasons for creating Shiba Inu: 

“We started from zero, with zero.”

“The brilliant minds behind Shib had never collaborated before.”

“We love Shiba Inu Dogs.”

However, it is fair to assume that the stunning success of [Dogecoin](https://coinmarketcap.com/currencies/dogecoin/) (DOGE) also inspired the endeavor and that the founder(s) recognized the lucrative potential of creating yet another popular dog coin. 


## What Makes Doge Killer Unique?

[Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) was originally intended to be a [rebase](https://coinmarketcap.com/alexandria/glossary/rebase) token but then the team decided to change tack and limit the total supply to only 107,646 tokens. This extremely low supply makes it an outlier among dog coins and also helps explain its high price, with LEASH trading at around $1,400 at the time of writing, down from a stunning all-time high of over $7,000 in May 2021. Usually, dog-themed [cryptocurrencies](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies) have an artificially high supply – in the billions or even quadrillions – with which they try to spur investors to buy the token and pump the price to one dollar or one cent. LEASH takes a refreshingly different approach, making it a truly unique dog coin.

Although the team promises “lucrative rewards” to LEASH holders, it does not specify what these will be. This will potentially be up to the community to decide, as [Bone ShibaSwap](https://coinmarketcap.com/currencies/bone-shibaswap/) (BONE) is the [governance](https://coinmarketcap.com/alexandria/glossary/governance) token of the Shiba Inu ecosystem and will be used for voting in proposals in the upcoming Doggy [DAO](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao). 


## Related Pages:

Check out [Dogecoin](https://coinmarketcap.com/currencies/dogecoin/) (DOGE) — the dog coin with the highest market cap.

Check out [Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) (SHIB) — the “Dogecoin killer.”

Learn more about the [dog-related meme-coin craze](https://coinmarketcap.com/alexandria/article/doge-mania-continues-a-data-perspective-by-intotheblock).

Read our analysis about whether [Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) will [reach $10,000](https://coinmarketcap.com/alexandria/article/will-the-doge-killer-leash-reach-10-000).

Get the latest crypto news and latest trading insights via the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


## How Many Doge Killer (LEASH) Coins Are There in Circulation?

In contrast to [Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) (SHIB), which has a total supply of one quadrillion, [Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) has a very low total supply of only 107,646. Shiba Inu famously [burned](https://coinmarketcap.com/alexandria/glossary/burned) 50% of its token supply to [Vitalik Buterin](https://coinmarketcap.com/alexandria/glossary/vitalik-buterin), the co-founder of [Ethereum](https://coinmarketcap.com/currencies/ethereum/). In response to this “gift” from the Shiba Inu team, Buterin sent 50 trillion SHIB tokens worth $1 billion at the time to India’s Covid Crypto Relief Fund. Buterin then burned 40% of the total supply to a dead wallet. Although this initially led to a massive sell-off in the price of SHIB, the two communities managed to strike a deal and the price of SHIB and LEASH was on a consistent uptrend in September and October 2021. 


## How Is the Doge Killer Network Secured?

[Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token, which is the token standard that most new tokens use if issued on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) (ETH) [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain). A stalwart of the crypto space, Ethereum remains the go-to solution for many [decentralized application](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) (DApp) creators. Its blockchain has successfully transitioned from a [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow) (PoW) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) to [proof-of-stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (PoS) during the "Merge" on Sept. 15, 2022. A set of [decentralized](https://coinmarketcap.com/alexandria/glossary/decentralized) [nodes](https://coinmarketcap.com/alexandria/glossary/node) validates all transactions and secures the Ethereum blockchain, ensuring it is one of the safest in the industry. 

In addition, all tokens in the [Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) (SHIB) ecosystem have been audited by Certik. 


## Where Can You Buy Doge Killer (LEASH)?

[Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) is available on [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/) and [Shibaswap](https://coinmarketcap.com/exchanges/shibaswap/). 

Cryptocurrency newbie? You can read more about how to enter the market and how to buy [Doge Killer](https://coinmarketcap.com/currencies/doge-killer/) (LEASH) or any other token in the CoinMarketCap education portal — [Alexandria](https://coinmarketcap.com/alexandria/).


Doge Killer

Trust Wallet

MetaMask

Originally a Dogecoin rebase token. The low supply of LEASH makes it the perfect fit to provide exclusivity and early access within the SHIB ecosystem!

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Assemble Protocol

PAID Network

Litentry

Orion

Sentinel Protocol

DEAPcoin

QuickSwap [Old]

CEEK VR

Whiteheart

IDEX

X2Y2

ARCS

Privapp Network

Parex

Pullix

Bone ShibaSwap (BONE) is the ShibaSwap decentralized exchange (DEX) governance token with voting functionality. BONE allows the Shiba Inu community, also known as Shib Army, to vote on upcoming proposals, submit proposals and access future NFTs. The more BONE tokens users have, the more significant their votes are.

BONE is the Ethereum-based token in the Shiba ecosystem, including Shiba Inu (SHIB) and Doge Killer (LEASH) tokens. According to the Shiba Inu website, SHIB is the "Dogecoin (DOGE) killer." Due to its popularity, the project is the second-largest dog-inspired memecoin in the crypto space.

The ShibaSwap exchange was launched on July 7, 2021 to allow platform users to trade their SHIB tokens for other cryptos. BONE is a middle link in the ecosystem. On ShibaSwap, SHIB holders provide liquidity for BONE reward tokens. Users can stake tokens to earn rewards. Rewards depend on the amount and duration of the staked tokens.

Bone ShibaSwap

BabyDoge is the leading community meme coin on the BNB chain. Baby Doge was created initially as a joke with a mission to help spread awareness of animal adoption. Tweeted by Elon Musk BabyDoge was propelled into pop culture as an adorable icon

The primary utility for Baby Doge is building a fun meme community to spread awareness of animal welfare and pet adoption. The BabyDoge ai image generator empowers the BabyDoge community to create ai babydoge characters ai memes, and ai images on demand without any design experience. Additionally users can pay in babydoge to mint their images into NFTs.

BabyDoge is the only meme with an official world record for helping save dogs donating over 81,000 pounds of dog food.

BabyDoge has its own Swap BabyDogeSwap.com where it has its own AMM, core farms, farming as a service, free token locker, burn portal, card, Ai image generator, NFTs and more!

Baby Doge Coin

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu.

Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

Dogelon Mars

SHIB is a decentralized, community-led currency held by millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries.

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.

This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin.

Since release SHIB now trades on the ecosystem's proprietary DEX, ShibaSwap.

Unification

Floki (FLOKI) is the people's cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu.

Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “four flagship utility projects:”

An NFT gaming metaverse called Valhalla

A suite of decentralized finance products launched under the "FlokiFi" umbrella.

An NFT and merchandise marketplace called FlokiPlaces

A content and education platform called University of Floki

The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) that was named after a Viking character. Floki vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush’s social engagement leaderboards. Floki has also partnered with leading crypto projects that include Chainlink, Trader Joe, ApeSwap for its FlokiFi Locker digital asset locker protocol.

Floki is also sometimes referred to by some as "Floki Inu".

FLOKI

Bitgert (BRISE) is a crypto engineering project launched in July 2021 that specializes in blockchain products and centralized exchange. Initially, Bitgert was built on BNB Chain and used BNB, its native token, to pay rewards. However one of the most significant Bitgert developments was presented in 2022: the BRC20 blockchain. It offers near-zero gas fees and high speed cross-chain transactions. More specifically, the gas fee is $0.0000000000001 per transaction, while the supported throughput is up to 100,000 TPS.

The list of Bitgert products also includes Bitgert Blockchain, Bitgert Exchange, Paybrise, Realestate Marketplace,  Decentralized marketplace, BRISE staking, BRISE Swap.

Bitgert offers an alternative to the popular DEX platform PancakeSwap.

BRISE is Bitgert's native token, allowing investors to benefit from staking and earning rewards in BUSD on BSC network only.

Smart contract on BSC Chain feature a buyback mechanism. To be more precise, Bitgert directs 5% of every transaction fee for buyback, 3% for marketing and 4% for staking rewards. According to the team, buyback is meant to support the price of BRISE token making it a deflationary asset.

Smart contract on ETH Network has zero tax fee

BRISE claims to have a real use case with becoming the global payment system and is applied as a peer-to-peer (P2P) service in the BRISE dApp Wallet. Thus, buyers and sellers interact directly, without the participation of a third party, through the P2P service, and transactions are carried out quickly, securely and with zero fees.

Bitgert

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.

On May 28, 2022, the genesis block of the new chain was launched to conduct future transactions under the name Terra (LUNA), and the original Terra Chain was rebranded as Terra Classic. The original native token — LUNA has also been renamed as LUNA Classic (LUNC). Moreover, all network stablecoins (UST, KRT, EUT) have been renamed to Terra Classic stablecoins (USTC, KRTC, EUTC). There will be no Terra stablecoins on the new chain.

There is a theory that the additional term “classic” is a reference to the Ethereum / Ethereum Classic split in 2017. According to CEO, Do Kwon, the collapse of UST in the spring of 2022 is the equivalent moment of the Ethereum’s DAO hack that took place in 2017.

Terra Classic

Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

Dogecoin

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.

Decentraland (MANA) is a decentralized virtual world platform with software based on the Ethereum blockchain, where users create, test and monetize content. In short: users buy virtual plots of land as NFTs with MANA tokens on the Decentraland platform. Progress in the game depends only on players themselves, their efforts and their imagination.

The digital platform is completely owned by its users. Within the Decentraland metaverse, participants can explore the virtual world, purchase plots of land that can be monetized, create works of art, own non-fungible tokens (NFTs), and take part in a decentralized autonomous organization of the platform Decentraland DAO. Due to the DAO, the community influences the development vector of the project.

In addition, users have access to interactive applications, in-world payments and peer-to-peer communication. The 3D world resonates with many participants as Decentraland has many applications, both entertainment for gamers and business for investors.

Two types of tokens called MANA and LAND govern operations in Decentraland. They also allow users to interact with the platform.

MANA is the official currency of Decentraland. It’s an ERC-20 standard token that powers the Decentraland platform. With MANA, users can purchase plots of LAND, as well as pay for in-game items and services.

MANA gives its holders the right to vote in Decentraland DAO. MANA can be purchased on a cryptocurrency exchange or by selling collectibles on Decentraland Marketplace. The owner of tokens converts them to wrapped MANA, or wMANA, and then commits them to the DAO. One wMANA equals one vote. MANA can be exchanged for fiat currency and other digital assets.

As for LAND, it’s a non-fungible token (NFT) based on Ethereum (ETH). It is used to track ownership of land parcels aka digital real estate. Like MANA, LAND is part of the protocol and confers voting rights, but LAND does not need to be fixed in the DAO. One LAND is equal to two thousand votes.

Players choose what to do with their land. Owners store tokens in crypto wallets and buy necessities with MANA tokens on the Decentraland Marketplace. Moreover, on the marketplace, participants can manage or exchange LAND tokens (priced in MANA). Holders use the marketplace to transact or transfer in-game items. All transactions are conducted, regulated and registered via the Ethereum blockchain.

Decentraland combines an online gaming space and blockchain technology. All control over the rules is given to the players, and token holders vote on in-game and organizational policies. The original goal was to form a decentralized virtual reality, but in practice, Decentraland has turned into a massive NFT market.

A special role in Decentraland is assigned to NFTs, such as collectibles, virtual equipment and real estate (LAND). However, for new players who want to join the universe and seize NFTs, the entry barrier will be high.

The Decentraland protocol is built on three levels using Ethereum smart contracts. On the consensus layer, the ownership of LAND is tracked and managed. The land content layer displays the content of the Decentraland virtual world. Finally, on the real-time layer, participants interact with each other.

The platform was co-founded by two blockchain experts, Ari Meilich and Esteban Ordano, in 2015. Officially it was launched a year later and became available only in February 2020, gradually turning from a 2D experiment into a full-fledged 3D world.

To sum up, Decentraland is a decentralized game and a 3D virtual reality platform where players own lands and create limitlessly. Decentralized Autonomous Organization (DAO) software is at the core, and governance is in the hands of the community. Through the native token MANA, players participate in any proposals for managing and improving the ecosystem, the auction system, and the in-game policy.

Decentraland

Gala is a web3 ecosystem powered by a layer-1 blockchain (GalaChain) built to power the Gala entertainment ecosystem that originally included Gala Games, Gala Music and Gala Film. More recently however, GalaChain has opened its doors to external developers and projects from any applicable industry, providing open source developer resources to simplify the process.

On a mission to empower users and creators across multiple industries throughout the world, Gala’s goal is to become the first billion user blockchain in the world. Innovators can extend the benefits of web3 to their users and communities more easily than ever before by leveraging open source tools like the GalaChain SDK and Creator Portal.

By elevating their ideas to web3 through GalaChain, developers can create custom tokens, smart contracts, reward opportunities and node networks for their communities and projects. Assets built on GalaChain can also be bridged to other blockchains, such as Ethereum, Binance Smart Chain and more. Developers who wish to learn more about getting involved with GalaChain are welcome to reach out via GalaChain.com.

The core of GalaChain is powered by its DePIN (Decentralized Physical Infrastructure Network) of Founder’s Nodes, whose operators earn daily $GALA rewards for actively providing resources to the ecosystem and enjoy governance voting rights on certain core Gala decisions. In addition to the Founder’s Node network’s foundational workload, individual projects can also create Node networks on GalaChain with more specific workloads.

Gala.com
News.Gala.com
Games.Gala.com
Music.Gala.com
Film.Gala.com

Gala

Kadena is a proof-of-work blockchain that combines the PoW consensus mechanism from Bitcoin with directed acyclic graph (DAG) principles to offer a scalable version of Bitcoin. Kadena claims it can provide the security of Bitcoin while being able to offer unparalleled throughput that makes the blockchain usable to enterprises and entrepreneurs alike. Kadena's unique infrastructure is decentralized and built for mass adoption because of its multi-chain approach.

Kadena promises industrial scalability that can support global financial systems and can be scaled as necessary. It also vows to remain energy-efficient at scale and deliver more transactions with the same energy input, another difference to Bitcoin. Moreover, Kadena offers crypto gas stations, which allow businesses to pay for their customers' gas fees and remove a massive pain point in adopting blockchains for business.

Kadena has already scaled its network from 10 to 20 blockchains and can do so again in the future, if necessary. This final addition to Kadena was its private Kuro layer-two blockchain, which supports up to 8,000 transactions per second across 500 nodes.

Kadena

Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.

CRO went live in November-December 2018.

Cronos

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.

ApeCoin

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.

To learn more about this project, check out our deep dive of Axie Infinity.

Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.

These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique.

Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace.

The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

Axie Infinity

Cult DAO

Spell Token (SPELL) is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use. Users can deposit collateral and borrow MIM against it. Abracadabra also offers yield farming opportunities, where users can stake their liquidity provider (LP) tokens to farm SPELL. This facilitates better liquidity for certain cryptocurrency pairs, currently Ether (ETH)-Spell Token (SPELL) and Magic Internet Money (MIM)-LP 3pool Curve (3CRV). Furthermore, users can also open leveraged farming positions using borrowed MIM from their interest-bearing collateral.

Spell Token

Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

The Sandbox

PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s.

The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin.

In late April to May 2023, the explosive surge of PEPE caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers. It has induced what some may dub a "memecoin season," causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run.

The PEPE roadmap features three phases, where phase one includes listing on CoinMarketCap, and getting $PEPE trending on Twitter, while phase two includes listing on centralized exchanges (CEXs) and phase three includes “tier 1” exchange listings and what the team terms a “meme takeover.”

Pepe

The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.