Hello my crypto brothers, DailyCoin Flipsider writes you.
Today is the 11th of May, and I will name it “surprise, flip-a-sider” day. Why? Because it’s the second day in a row we experience the crypto astonishments.
Read in the digest:
- Internet Computer (ICP): a crypto out of nowhere?
- The market reached $2.5 trillion threshold and experienced a 10% dip
- Elon Musk never falls asleep when Dogecoin needs a boost
- Ubisoft continues to explore blockchain
- Bitcoin reminisces about the good ol’ days
Internet Computer Just Launched and Immediately Appeared in the Top 10 Cryptos
Frankly speaking, to say that it’s from nowhere would be wrong because the Dfinity Foundation spent 5 years developing the project — Internet Computer coin (ICO). They released 469,213,710 utility tokens under the authority of the Network Nervous System (NNS), which allowed to be listed on Coinbase immediately. The crypto reached the price of $700 and hit the top 10 by market capitalization. Now, it’s around $400.
Flipsider:
- Only about 25% of the supply is circulating, as for now. Moreover, they promise that the new smart contract platform runs at internet speed sounds too promising.
Market Reached $2.5 Trillion Threshold but Experienced 10% Dip Today
Do you remember our article about the possible $5 trillion crypto market cap? We reached half of it already! On the other hand, a minor shakeout happened after. It’s just 10%, so not many reasons to worry.
Flipsider:
- Looking at such claimants as Shiba Inu and Internet Computer, everything is possible in this field. On the other hand, $5 trillion market cap is definitely possible… somewhen in the future.
Elon Musk Plans to Integrate Dogecoin not Only in SpaceX but in Tesla (NASDAQ:TSLA) as well
The Dogefather announced “DOGE-1 Mission to the Moon” to be launched in Q1 2022, entirely sponsored in Dogecoin. Furthermore, today he posted a tweet with a poll, asking if Tesla should accept payments in DOGE as well.
More than 75% of people voted for “yes.”
Do you want Tesla to accept Doge?— Elon Musk (@elonmusk) May 11, 2021
- Considering the amount of hype Elon Musk is applying for Dogecoin, if the coin fails, Elon will become the biggest scammer in history. In any case, we’ll see.
Ubisoft is Getting Serious about Blockchain
The biggest French publisher organizes an annual event called “Entrepreneurs Lab.” It’s a mentorship “camp” created to help young developers and entrepreneurs from the entertainment industry. The topics of this year are blockchain and positive entertainment.
So far, Ubisoft is the biggest gaming studio interested in blockchain, crypto, and NFTs.
The sixth season of the Ubisoft Entrepreneurs Lab is under way Discover this season's startups based in positive entertainment and blockchain technology, and how we're helping them develop the entertainment of the future!— Life at Ubisoft (@LifeatUbisoft) May 10, 2021
Bitcoin Again to Be Used for Illegal Purposes? Sorry, that Times Passed!
FBI reported finding out the photo and internet address of the suspect who used Coinbase in order to pay for a hitman for his wife. The identity and address of the receiver of the transaction are still not unknown.
Flipsider:
- Crypto stopped being associated with the darknets a long time ago. However, it seems that someone lives in the past. Seriously, use crypto for legal purposes!OR I’ll send you marked Shiba Inu tokens
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
[contact-form-7] You can always unsubscribe with just 1 click.