Among the many digital currencies, Dogecoin (DOGE), Shiba Inu (SHIB), and Snowfall Protocol (SNW) have been making waves in the industry. This blog will take a closer look at these cryptocurrencies and their impact.
Elon Musk continues to push for McDonald’s to adopt Dogecoin (DOGE) as a form of payment
After appearing less vocal about his recent support for Dogecoin (DOGE), Tesla CEO Elon Musk has publicly expressed his backing for the cryptocurrency. This came in response to tweets from McDonald’s, and a question from a member of the Dogecoin community.
A Dogecoin (DOGE) community member reminded Elon Musk of a tweet he made in January 2022, in which he stated that he would eat a Happy Meal on camera if McDonald’s accepted Dogecoin (DOGE) as a means of payment. The community member asked if the offer was still valid, to which Musk replied, “100%.”
When the tweet was made in January 2022, the price of Dogecoin (DOGE) experienced a significant increase. However, McDonald’s did not show any indication of accepting Dogecoin (DOGE) as a form of payment.
The current Dogecoin (DOGE) price is $0.087 with a $380 million 24-hour trading volume. In the past day, Dogecoin (DOGE) has increased by 3.05%.
The Shiba Inu (SHIB) cryptocurrency is making its mark on the fashion world as a designer unveils a clothing line inspired by it
On Twitter, an Italian fashion designer, John Richmond, unveiled his latest collection that features street-style designs with the word “Shiba” prominently displayed on shirts and pants.
Richmond previously posted a picture of a hoodie with the hashtags #Shibafashion, among others. Interestingly, the designer’s account has a cartoonized Shiba Inu dog breed as its profile picture, but it is not the official logo of Shiba Inu (SHIB).
The designer announced his partnership with Shiba Inu in early 2022, which led him to showcase his SHIB clothing at events such as Milan Fashion Week. However, the designer has yet to announce when the SHIB-themed clothing collection will be available to the public.
Richmond’s designs showcase the Shiba Inu (SHIB) cryptocurrency to a potential audience that could become investors. While the digital asset’s price may not immediately reflect the impact of such announcements, it remains significant for the overall SHIB ecosystem.
With a $190 million trading volume over a day, the current Shiba Inu (SHIB) price is $0.000012. Shiba Inu (SHIB) has increased by 2.85% in the past day.
Snowfall Protocol (SNW) attracts investors with lucrative returns
Snowfall Protocol (SNW) is currently in its final round of presale, and has seen a tremendous increase in value of over 250% since the second round, and 400% since the first round of the presale campaign.
The campaign has raised more than $3 million, and exceeded expectations by selling out a day early, during the second round, due to a Snowfall Protocol (SNW) dApp prototype shared with community members. The value of Snowfall Protocol (SNW) is expected to continue to rise after launch, with early investors potentially earning returns of up to 5000%.
Snowfall Protocol (SNW) began its current phase at $0.075, and has now reached a new record high of $0.20. Many in the crypto community anticipate that Snowfall Protocol (SNW) will continue its upward trajectory.
Thus, it is clear that Dogecoin (DOGE), Shiba Inu (SHIB), and Snowfall Protocol (SNW) are all performing well. Dogecoin (DOGE) has gained renewed interest from Elon Musk, Shiba Inu (SHIB) is making its mark on the fashion industry, and Snowfall Protocol (SNW) is attracting investors with its lucrative returns. For those looking to invest in the cryptocurrency market, Snowfall Protocol (SNW) may be a great choice.
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