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About YUGE

YUGE COIN (YUGE) is a cryptocurrency launched in 2024. YUGE has a current supply of 998.64M with 0 in circulation. The last known price of YUGE is 0.000940214211 USD and is 0.000083364233 over the last 24 hours. It is currently trading on active market(s) with $7,263.43 traded over the last 24 hours. More information can be found at .
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Updated Apr 21, 2024 5:13 pm
Mkt Cap $0
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Bitcoin's Fourth Quantitative Hardening Arrives, CEO Samson Mow Announces
Bitcoin's Fourth Quantitative Hardening Arrives, CEO Samson Mow Announces
According to U.Today, Samson Mow, the former Chief Security Officer at Blockstream and current CEO at Bitcoin-adoption company Jan3, has announced the arrival of the much-anticipated fourth Bitcoin halving, which he refers to as the '4th Bitcoin quantitative hardening.' This term is used in contrast to the quantitative easing frequently implemented by the U.S. Federal Reserve, which involves injecting billions of dollars into the economy, a move that many experts believe is causing the U.S. dollar to devalue. Experts suggest that these quantitative easing measures were a significant factor in driving the Bitcoin price above $61,500 in April 2021 and then to an all-time high of $69,000 in November of the same year. In 2024, Bitcoin reached a new historic price peak of $73,750 in March, before the halving, a first for the cryptocurrency. Halving events reduce the number of new Bitcoins entering circulation as miners' block rewards. Following this halving, the rewards were cut from 6.25 BTC to 3.125 BTC, where they will remain for the next four years until the fifth halving. Mow commented on this aspect of the halving, stating that any Bitcoin owned before this moment is now twice as hard for miners to procure for the market. At the time of writing, Bitcoin is trading at $63,913. Mow also noted that Bitcoin continues to outperform gold, its physical rival traditionally considered a store of value. After the halving, Bitcoin's inflation rate will drop to 0.9%, while gold's will remain at 1.4%. As Anthony Pompliano stated in a recent CNBC interview, those who have held gold over the past five years have lost purchasing power, unlike Bitcoin holders.
Apr 21, 2024 4:28 pm
Significant Uptick In Shiba Inu Token Movement Sparks Speculation
Significant Uptick In Shiba Inu Token Movement Sparks Speculation
According to U.Today, a significant increase in the movement of SHIB tokens has been observed in the last 24 hours, with a total of 4.34 trillion SHIB tokens changing hands. This represents a substantial rise in large transactions within the Shiba Inu ecosystem, leading to speculation and anticipation. Recent data indicates a 215% increase in whale activity, with inflows of 4.34 trillion SHIB on April 19, a significant rise from 565.55 billion SHIB on April 17. The Shiba Inu ecosystem is also experiencing an increase in the volume of large transactions, those worth more than $100,000, which is up by 58.48%. This surge is primarily due to an increase in the accumulation of SHIB tokens by large holders, known as whales, who have significantly increased their stakes in the cryptocurrency. The inflow of 4.34 trillion SHIB tokens might suggest a concerted effort by whales to bolster their positions in anticipation of future price movements or strategic maneuvers within the market. The exact motives behind the surge in whale activity remain speculative, but several factors may have contributed to this phenomenon. These could include market trends, upcoming developments within the Shiba Inu ecosystem, or favorable use cases. The recent volatility and price fluctuations in the cryptocurrency market may have prompted whales to increase their exposure to SHIB tokens in pursuit of potential gains. At the time of writing, SHIB was down 1.18% in the last 24 hours to $0.0000227. With a market capitalization of $13.42 billion, SHIB sits in the 11th spot of the crypto rankings, with a seeming readiness to reenter the top 10. The cryptocurrency community is closely monitoring the actions of Shiba Inu whales. Whether this inflow spike will lead to a sustained increase in SHIB's value or merely a temporary fluctuation remains to be seen. However, one thing is certain: The movement of 4.34 trillion SHIB has put attention on Shiba Inu.
Apr 21, 2024 4:26 pm

Frequently Asked Questions

  • What is the all-time high price of YUGE COIN (YUGE)?

    The all-time high of YUGE was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of YUGE COIN (YUGE) is 0. The current price of YUGE is down 0% from its all-time high.

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  • How much YUGE COIN (YUGE) is there in circulation?

    As of , there is currently 0 YUGE in circulation. YUGE has a maximum supply of 998.64M.

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  • What is the market cap of YUGE COIN (YUGE)?

    The current market cap of YUGE is 0. It is calculated by multiplying the current supply of YUGE by its real-time market price of 0.000940214211.

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  • What is the all-time low price of YUGE COIN (YUGE)?

    The all-time low of YUGE was 0 , from which the coin is now up 0%. The all-time low price of YUGE COIN (YUGE) is 0. The current price of YUGE is up 0% from its all-time low.

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  • Is YUGE COIN (YUGE) a good investment?

    YUGE COIN (YUGE) has a market capitalization of $0 and is ranked #2938 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze YUGE COIN (YUGE) price trends and patterns to find the best time to purchase YUGE.

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