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Produced by Daniel Aharonoff & Mogul Media AI

March Meme Madness: FLOKI, WIF, and PEPE Surge

March Meme Madness: A Surge in Popularity for FLOKI, WIF, and PEPE As March unfolds, the crypto landscape is witnessing an exhilarating surge in meme coins, with Floki Inu (FLOKI), Dogwifhat (WIF), and PepeCoin (PEPE) leading the charge. The fervor surrounding these digital assets has not only captured the attention of investors but also propelled them into the spotlight, showcasing the vibrant and unpredictable nature of the cryptocurrency market. Tremendous Volume and Market Movements According to CoinGecko data, the collective trading volume of these three meme coins has soared to an impressive $2.8 billion in the past 24 hours. This wave of activity highlights a significant trend within the crypto space, where meme tokens continue to attract enthusiastic traders. Floki Inu: A Meteoric Rise Floki Inu, an Ethereum-based token inspired by the Shiba Inu dog and Norse mythology, has experienced a remarkable ascent. Current Price: $0.0001837 Price Increase (24 hours): 38...
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling dYdX Foundation's $30 Million Funding Request from DAO

The dYdX Foundation has recently made a significant request for funding from the decentralized autonomous organization (DAO) that governs the project. Seeking $30 million over the next three years, the Foundation aims to secure 4% of the DAO's current treasury. If approved, this funding would eliminate the need for annual budget reviews. The proposal has garnered substantial support and is set to proceed to a vote.

Key Points:

  • dYdX Foundation seeks $30 million in funding from the DAO
  • Request is for a 3-year period
  • Foundation aims to secure 4% of the DAO's current treasury
  • Approval would exempt Foundation from submitting annual budgets
  • Proposal has widespread approval and is moving towards a vote
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