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Cardano Rolls Out Chang Fork and More

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This week in crypto has seen significant advancements, with Polygon’s MATIC token transitioning to POL as part of its 2.0 roadmap and Cardano’s much-anticipated Chang hard fork going live.

These updates mark major steps toward enhanced decentralization and governance improvements for both blockchain ecosystems.

Shiba Inu’s DAO Proposes New Directions for Funds

The Shiba Inu community is currently voting on a proposal to allocate 37.5 ETH (approximately $100,000) received from its partnership with Welly’s. Shiba Inu’s lead developer, Shytoshi Kusama, called on the decentralized autonomous organization (DAO) to vote on how best to use the funds.

The community has four options to consider. The first involves placing the funds in a new multisig wallet, allowing a group of individuals to manage the assets, with decisions directed by the DAO.

Another option proposes using the funds to burn SHIB tokens, while the third suggests funding a community project. The final option would be for the wallet holder to retain the assets and halt future funding.

Snapshot data shows that the majority of voters support the first option, with 78 billion SHIB tokens representing 84.95% of the votes. Meanwhile, the second option received 14 billion SHIB tokens, equivalent to 15.05% of the total. This vote is part of a broader effort to ensure transparency and decentralization in Shiba Inu’s ecosystem, transitioning the DAO from its V1 to V2 phase.

Read more: How To Buy Shiba Inu (SHIB) and Everything You Need To Know

Shiba Inu DAO Votes.
Shiba Inu DAO Votes. Source: Snapshot

21Shares Launches Wrapped Bitcoin on Ethereum

In other news, 21Shares has expanded its Wrapped Bitcoin (WBTC) product to the Ethereum blockchain. Following its successful launch on Solana, the new Ethereum-based Wrapped Bitcoin (branded 21BTC) aims to provide a more secure and decentralized way for users to engage with decentralized applications (dApps).

Unlike traditional Wrapped Bitcoin models, which rely on a “lock-and-mint” approach, 21BTC prioritizes cold storage solutions, enhancing security. The launch comes amid investor concerns over recent developments in the custody of Wrapped Bitcoin, especially in light of BitGo’s shift to a multi-jurisdictional model.

Despite these concerns, 21Shares is positioning 21BTC as a more secure alternative, with institutional-grade custody designed to mitigate the risks commonly associated with cross-chain bridges.

Trump Family Targeted by Crypto Scam Hack

The Trump family recently fell victim to a hacking incident that compromised their social media accounts to promote a fraudulent crypto scheme. The hacker gained access to the X (formerly Twitter) accounts of Lara and Tiffany Trump, former President Donald Trump’s daughter-in-law and daughter, respectively. 

Hackers exploited Lara and Tiffany’s large following to promote a scam involving World Liberty Financial, a decentralized finance (DeFi) project linked to the Trump family. They used the Trumps’ high-profile status to attract followers to a fraudulent governance token associated with the Solana blockchain.

The timing of this hack is particularly noteworthy, as Donald Trump’s team has been planning to launch a crypto platform with the family’s growing involvement in the DeFi space. Moreover, this incident reflects a broader pattern where malicious entities exploit celebrities’ and public figures’ accounts to advertise fraudulent tokens.

Cardano’s Chang Hard Fork: A New Era of Decentralized Governance

Cardano has officially launched its Chang hard fork, marking a major shift toward decentralized governance for the $13 billion blockchain. The upgrade, long-awaited by the community, puts decision-making power in the hands of ADA token holders.

With the Chang hard fork, ADA holders can now elect governance representatives and vote on key development proposals. As outlined in Cardano Improvement Proposal CIP-1694, the upgrade introduces a governance structure comprising three key bodies: the Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs).

Previously, these governance powers were concentrated in Cardano’s three founding entities. However, with this upgrade, the community gains significant control over the blockchain’s future development.

Cardano founder Charles Hoskinson recently highlighted the significance of this shift, declaring that the “Genesis keys are dead.” This statement symbolizes the blockchain’s move toward a truly decentralized future.

The upgrade will be implemented in two phases. The first phase, currently active, features an Interim Constitutional Committee that will oversee governance for 90 days. After this period, the newly established governance bodies will take full control.

Polygon’s MATIC to POL Migration Kicks Off

Polygon, a leading Layer-2 network built on Ethereum, has begun transitioning from the MATIC token to the new POL token.POL is replacing MATIC as the network’s native token, with the latter currently having a market capitalization of $3.6 billion.

“POL is a hyperproductive token that can be used to provide valuable services to any chain in the Polygon network, including the AggLayer itself. It feels good to know that, as the community builds towards this exciting vision, the network has a future-proof native token that can secure it and support its growth,” Polygon explained.

Migration is a key part of Polygon’s 2.0 roadmap, which aims to enhance the flexibility and scalability of its ecosystem. The transition affects many investors, but most holders on Polygon’s Proof of Stake (PoS) chain will see their tokens automatically converted to POL. However, holders of MATIC on the Ethereum and zkEVM chains may need to migrate their tokens manually through the Polygon Portal Interface.

Read more: How To Buy Polygon (MATIC) and Everything You Need To Know

The POL token will be central to Polygon’s future, serving as the native gas and staking token. It will also be used to generate zero-knowledge proofs and participate in Data Availability Committees (DACs) as part of the Polygon staking hub, which is slated to launch in 2025.

Polygon indicates there is currently no set deadline for MATIC holders to complete the migration. However, it hints that a deadline may be imposed in the future as the transition progresses.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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ETH Exchange Withdrawals Fall to Lowest in Months

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Ethereum’s inability to establish a strong foothold above $2,000 continues to dampen investor sentiment, causing many traders to keep their assets liquid in case of a potential selloff. 

This cautious stance is reflected in ETH withdrawals from exchanges, which have plunged to a seven-month low.

ETH Exchange Activity Signals Growing Bearish Sentiment

An assessment of Ethereum’s exchange transaction dominance shows a significant decline in ETH withdrawals since late January. According to Glassnode, ETH’s exchange withdrawal transactions totaled 59,755 coins on Tuesday, marking its lowest single-day count since August 31. 

Ethereum Exchange Transaction Dominance
Ethereum Exchange Transaction Dominance. Source: Glassnode

When ETH withdrawals from exchanges drop, it means fewer investors are moving their holdings to private wallets or cold storage. This suggests they are not planning to hold the coin long-term. Instead, they are keen on keeping their ETH coins on exchanges; a trend that signals a readiness to sell.

At the same time, ETH deposits have climbed, confirming the increasing selling pressure in the market. According to Glassnode, the number of ETH coins sent to exchanges has surged by 10% since the beginning of March.

Ethereum Exchange Transaction Dominance.
Ethereum Exchange Transaction Dominance. Source: Glassnode

When an asset’s exchange deposits spike like this, more investors are moving their holdings onto exchanges, often in preparation to sell. As bearish sentiment grows weaker, these coins are sold for profit, putting more downward pressure on ETH’s price. 

Will ETH’s Uptrend Hold? Bulls Face Resistance at $2,148

At press time, ETH is trading at $2,073, marking a 3% gain over the past week as part of the broader market recovery. 

On the daily chart, the leading altcoin follows an ascending trendline, signaling sustained price growth. If bullish momentum intensifies and exchange withdrawals increase while deposits slow, ETH could maintain this trend and reclaim the $2,148 level. 

ETH Price Analysis
ETH Price Analysis. Source: TradingView

However, if exchange activity remains unchanged and selling pressure rises, ETH risks breaking below the ascending trendline, potentially falling to $1,759.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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PEPE vzrástol o 20 %. Pozornosť však púta AI Pepe meme coin

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Meme coiny konečne ožívajú. Na čele stojí populárny coin PEPE a hneď za ním celá rada obľúbených coinov. Neistotu, ktorá vládla na trhu už od januára vystriedal optimizmus. Pepe coin vzrástol o viac ako 20 % a predikcie signalizujú pokračovanie tohto trendu.

Držitelia Pepe teraz naviac sústreďujú časť svojich prostriedkov do novej AI verzie Pepe the Mind (MIND). Ak táto kryptomena s vlastným AI agentom bude pokračovať rovnako úspešne, ako počas predpredaja, mohla by dokonca prekonať úspechy samotného PEPE.

Preskúmať projekt Mind of Pepe

Meme coiny idú hore: Trh si polepšil o 9 miliárd dolárov

Prvá polovica marca bola pre trh s meme coinmi doslova bezútešná. Po medveďom trhu, ktorý trval od januára, stratili meme coiny počas prvých dvoch marcových týždňov 33 %. Kým ešte 3 marca bola táto hodnota na 65,36 miliardách dolárov, už o dva týždne trh registroval len 43,31 miliárd $.

Avšak tu sa tento pokles konečne zastavil a ceny meme coinov ožívajú. Dôvodov je niekoľko. Za zmienku stojí zmiernenie colnej politiky USA voči svojim obchodným partnerom a rozhodnutie Federálneho rezervného systému (Fed) nezvyšovať úrokové sadzby. Fed plánuje do konca roka pristúpiť k ich znižovaniu. To je dobrá správa pre investorov, ktorí zvažujú doplniť svoje portfólio o rizikovejšie aktíva s vyššou mierou výnosnosti.

Pri bližšom pohľade na údaje z CoinMarketCap si najlepšie vedie práve coin PEPE. Cena PEPE stúpla za posledných 7 dní o 20,1 %, DOGE o 19,2 % a na treťom mieste je coin SHIB s nárastom o 18,9 %.

meme coiny trhová kapitalizácia Zdroj: coinmarketcap.com

Držitelia PEPE môžu očakávať ďalší rast

PEPE sa aktuálne obchoduje okolo 0,0000089 $ a analýza trhu naznačuje, že by mohol pokračovať v ďalšom raste.

Podľa údajov IntoTheBlock sa priemerný čas držania obchodovaných coinov PEPE za posledné dva týždne zvýšil a dosiahol objem 2,67 bilióna. Ak bude tento trend pokračovať, PEPE si môže udržať svoje zisky z posledných 14 dní.

objem obchodovaní PepeZdroj: cnn.com

Súčasne hodnota Relative Strength Index (RSI) prekonala neutrálnu hranicu, čo signalizuje pokračujúcu býčiu dynamiku. Odborníci odhadujú, že PEPE by sa mohol vyšplhať až na 0,000016. To však za predpokladu, že sa mu podarí prelomiť rezistenciu na úrovni 0,000010 $.

Zdá sa však, že najvýraznejšie zhodnotenia má už PEPE za sebou. Investori teraz siahajú po novej AI verzii Pepe. Poďme sa pozrieť bližšie na AI coin Mind of Pepe (MIND) a dôvody, prečo do neho investori vložili už viac, ako 7,6 milióna dolárov.

Samotná kryptopeňaženka Best Wallet zaradila nový coin MIND medzi top predpredaje pre tento rok.

Nastupuje doba AI coinov: Investori siahajú po Mind of Pepe s autonómnym AI agentom

​Rok 2025 sa nesie v duchu technických inovácií, globálneho ekonomického napätia a hlbokej integrácie umelej inteligencie (AI). Využívanie AI nástrojov je nepopierateľne na vzostupe aj vo svete blockchainových technológií, čo zvyšuje záujem o AI kryptomeny. Kým ešte v roku 2023 predstavoval celkový objem trhovej kapitalizácie len 4,9 miliardy dolárov, dnes majú AI coiny hodnotu 30 miliárd dolárov.

Aj toto je jeden z dôvodov prečo je o nový coin Mind of Pepe (MIND) výrazný záujem. Tento kryptomenový projekt využíva najmodernejší model AI na analýzu trhu a interakciu s komunitou.

Držitelia tokenu MIND budú mať prístup k autonómnemu AI agentovi schopnému analyzovať kryptomenový trh v reálnom čase a poskytovať členom ekosystému tipy k úspešnému obchodovaniu.

Pokročilý AI agent sa bude zapájať do diskusií na relevantných platformách, identifikovať trendy a poskytovať aktuálne informácie o trhovom sentimente.

Mind of Pepe AI meme coinZdroj: mindofpepe.com

O token MIND je záujem nie len zo strany nadšencov tematiky Pepe the Frog, ale vďaka novej funkcionalite tiež aj zo strany investorov, ktorí sa chcú zorientovať v komplexnom svete kryptomien. Interakcia s AI agentom im umožní optimalizovať obchodnú stratégiu a získať výhodu na tomto neustále sa meniacom trhu.

V predpredaji sa vyzbieralo už viac ako 7,6 miliónov dolárov. Obzvlášť silný záujem je tiež o pasívny príjem, ktorý ekosystém Mind of Pepe umožňuje. Po kúpe tokenov MIND ich totiž môžete uzamknúť na dlhšie časové obdobie s ročnými odmenami za staking vo výške až 295 %.

Token MIND si môžete kúpiť za aktuálnu predpredajnú cenu 0,0035946 $ priamo na domovskej stránke projektu, alebo v aplikácii Best Wallet.

Prejsť na projekt Mind of Pepe



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Onyxcoin Traders Bet on Recovery, Despite 70% Market Drop

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Onyxcoin has struggled since reaching a year-to-date high of $0.04 on January 26. It has since shed over 70% of its value to trade at $0.011 at press time.

However, the renewed optimism in the broader crypto market is shifting sentiment toward XCN, setting it up for a recovery.

XCN Traders Bet Big on a Comeback

On-chain data suggests that demand for long positions is increasing, hinting at a resurgence in traders’ confidence. At press time, XCN’s long/short ratio is at 1.35, its highest in over 30 days

XCN Long/Short Ratio
XCN Long/Short Ratio. Source: Coinglass

The long/short ratio measures the proportion of long positions (bets on price increases) to short positions (bets on price declines) in the market. A ratio below one means there are more short positions than long ones. Conversely, a ratio above one suggests that traders are taking more long positions, signaling a bullish outlook on the asset. 

When the ratio is this high, traders expect the price to rise, increasing the buy orders in the market. If this continues, it will drive up XCN’s demand and, as a result, its price. 

Additionally, the token’s weighted sentiment is positive, further reinforcing the notion that investors’ confidence in XCN’s short-term recovery is increasing. At press time, this on-chain metric stands at 0.82. 

XCN Weighted Sentiment.
XCN Weighted Sentiment. Source: Santiment

An asset’s weighted sentiment measures its overall positive or negative bias, considering both the volume of social media mentions and the sentiment expressed in those mentions. 

When it is positive, it is a bullish signal. It indicates a growth in positive bias toward XCN, which could prompt its investors to increase their trading activity, driving up its value. 

XCN Bulls Eye a Break Above Descending Channel

On the daily chart, XCN is poised to break above the upper trend line of the descending channel which has kept its price in a decline since January 26. 

If successful, the bullish breakout could propel the token’s price to $0.022, a high it last reached on February 18.

XCN Price Analysis.
XCN Price Analysis. Source: TradingView

If the downtrend persists, XCN could fall below the lower trend line of its descending channel which forms support at $0.0085. In this scenario, its price could drop lower to $0.0075.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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