Shiba Inu (SHIB) is on the verge of a historic technical event, as its weekly chart shows a “signal never seen before” in its trading history. This pivotal moment involves the critical convergence of the token’s 50-week Moving Average (MA) and its 200-week Simple Moving Average (SMA). This unprecedented pattern suggests SHIB is nearing a … Continue reading "Shiba Inu Weekly Chart Sets Up Unprecedented Signal: Golden or Death Cross?" The post Shiba Inu Weekly Chart Sets Up Unprecedented Signal: Golden or Death Cross? appeared first on Cryptoknowmics-Crypto News and Media Platform.Shiba Inu (SHIB) is on the verge of a historic technical event, as its weekly chart shows a “signal never seen before” in its trading history. This pivotal moment involves the critical convergence of the token’s 50-week Moving Average (MA) and its 200-week Simple Moving Average (SMA). This unprecedented pattern suggests SHIB is nearing a … Continue reading "Shiba Inu Weekly Chart Sets Up Unprecedented Signal: Golden or Death Cross?" The post Shiba Inu Weekly Chart Sets Up Unprecedented Signal: Golden or Death Cross? appeared first on Cryptoknowmics-Crypto News and Media Platform.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more