The global cryptocurrency market has seen a 1.6% uptick in the last 24 hours, pushing the total market capitalization to $2.32 trillion. Trading volume reached $67.5 billion, with most top assets gaining, while only five coins from the top 100 experienced a decline.
Market Movers:
- Monero (XMR) dropped the most, down by 4.3%, trading at $147.
- Kaspa (KAS) fell by 1.9% to $0.1443, while LEO Token (LEO), Maker (MKR), and Bitget Token (BGB) saw minor dips, each below 0.5%.
On the upside, meme coins dominated:
- Dogwifhat (WIF) surged by 19.4% to $2.67.
- Popcat (POPCAT) followed closely, rising by 19.2% to $1.45.
Among the top 10 coins:
- Dogecoin (DOGE) saw the largest gain, up 4.8% to $0.11426.
- Solana (SOL) increased by 4%, trading at $149.
- Bitcoin (BTC) rose 2.5% to $63,584, while Ethereum (ETH) gained 2.9%, reaching $2,491.
Industry Developments:
Cookbook.dev Expands AI-Powered Developer Tools Across 30 Blockchains Cookbook.dev, an AI-powered Web3 developer ecosystem, announced that its smart contract library and tools have been integrated with 30 major blockchain networks, including Polygon, Sui, Celo, and Tangle Network. The platform offers over 1,800 audited smart contracts and provides developers with AI-powered assistance through ChefGPT. The move aims to onboard more developers and speed up project deployment in the Web3 space.
Fundraising and Expansion:
Layer Raises $6M to Enhance Ethereum’s Functionality Blockchain startup Layer has raised $6 million in a seed round to extend Ethereum’s functionality by enabling developers to create full-stack decentralized applications (dApps) using Web Assembly. The startup aims to allow applications to run seamlessly across different platforms, including mobile devices.
Nigella Chain Launches to Ensure Product Authenticity
Turkish company Nigella has launched the Nigella Chain, a decentralized network designed to ensure transparency and traceability in the global distribution of nigella black seed. The chain allows consumers to verify the authenticity of products using QR codes, ensuring ethical standards and combating counterfeit goods. The company’s ecosystem includes a wallet, payment solutions, and the Nigella Coin, which is currently valued at $70.79, with a market cap of $3.34 billion.
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