Name: Mithril
SKU: MITH
Price: 0.000615384096 USD

MITH is a ERC-20 social media token on the Ethereum Blockchain. Mithril will be integrated directly into new and existing social media networks to reward users and their operator for their contributions to the network.MITH will launch as a utility token on Lit, an innovative social media platform that addresses the needs of this current generation of users. This younger generation of social media users seeks a platform that addresses both their needs as early crypto adopters as well as their evolving needs in social media.With MITH tokens, users will be able to spend it across the MITH application ecosystem, such as dating services, premium content channels, and live-stream applications. The Mithril Merchant Network aims to allow retail acceptance of MITH as a payment method, beginning with Taiwan, Singapore, and HK retailers at launch. The MITH network, armed with its user base of social influencers, will be a highly-desirable customer base which Mithril Merchant Network partners will benefit through a deep MITH integration.

Mithril

A decentralized social media platform that rewards all content creators

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%name%: Latest News, Social Media Updates and Insights

Have you all heard about the latest trend in the crypto space? The BOBAOPPA is spearheaded by MachiBigBrother, who is a famous NFT trader. In the meteoric race of what could be the world’s best memecoin, BOBAOPPA stands out after raising $42,000,000 in its pre-sale in just a few days.  With the recent surge, crypto […]

CryptoPolitan

Crypto FOMO shifts gears from Bitcoin to BOBAOPPA by Machi Big Brother – Wait!! Is it a scam?

Samuel Leathers, IOG Core Tech Head of Product and co-owner of the RATS pool with Charles Hoskinson has declared that the Cardano (ADA) pool has been updated to a new version. Charles Hoskinson Canvasses for Upgrades RATS Node Cardano founder Charles Hoskinson and Leathers, who was a DevOps Engineer at Input Output (IOHK), launched RATS 
The post Charles Hoskinson-Backed RATS Pool Updated To Sign Mithril Certificates appeared first on CoinGape.

Coingape

Charles Hoskinson-Backed RATS Pool Updated To Sign Mithril Certificates

Cardano (ADA), the proof-of-stake blockchain platform, has made notable progress in technological advancements, according to Input Output Hong Kong (IOHK), the engineering firm behind the Cardano blockchain. IOHK’s recent announcement highlights crucial improvements across various aspects of the platform, signaling further growth and development for Cardano. Cardano Smart Contract Optimization One significant area of improvement lies within the ledger team, which has reportedly enhanced test frameworks and data quality in the Newconstraints phase3. They achieved this by introducing constraints and new types such as Size, SizeSpec, and Sized.  Related Reading: Bitcoin Ready To Rip? Indicator Prints Bullish Signal After 9 Years The engineering company has also noted advancements in wallets and services. The Lace team is preparing to release Lace v.1.9, which promises new features and improvements for Cardano users. In the realm of smart contracts, the Plutus team has included a guide in the documentation, elucidating how to use AsData functionality to optimize scripts. They have also implemented a UPLC optimization pass to minimize the number of forces and delays in the script. Mithril Team Releases Major Update Addressing scalability, the Hydra team has restored test compatibility with all networks and reviewed and merged streaming plugins. They have rectified tutorial instructions for downloading the latest Cardano-node and resolved the observed contesters bug.  The Mithril team has released Mithril distribution 2412.0, encompassing critical updates and enhancements. These include support for the Prometheus metrics endpoint in signer, deprecation of the snapshot command in the client CLI, full Pallas-based implementation of the chain observer, and compatibility with Cardano node v.8.9.0.  Moreover, the team has implemented community-requested features to verify the output folder structure created by the client. They continue to investigate and address any sources of “flakiness” in the CI end-to-end test. Notable Surge In Token Trading Volume According to DeFiLlama data, Cardano’s total value locked (TVL) currently stands at $422 million, signifying a slight dip of $80 million following the achievement of the $500 million milestone. Cardano boasts a significant figure of $23.3 million in terms of stablecoin market capitalization. Analyzing Token Terminal data reveals several key market indicators for Cardano. The fully diluted market cap, representing the maximum potential market value of all tokens in circulation, is estimated at $29.20 billion, reflecting a notable 4.9% increase over the past 30 days.  Similarly, the circulating market cap, which considers only the tokens in active circulation, stands at $22.88 billion, with a 5.2% growth rate over the same period. Long-Term Outlook Remains Bullish For ADA Regarding price action, crypto analyst “Trend Rider” recently shared insights on ADA’s latest price action in a post on the social media platform X (formerly Twitter).  According to the analyst, ADA’s price experienced a decline after reaching a yearly high of $0.811 on March 14. It is currently trading within the range of a parabolic red line and a rider band.  The parabolic red line represents a significant resistance level, while the rider band indicates a potential support region for ADA’s price. This range-bound movement suggests a period of consolidation for ADA, as the cryptocurrency takes a breather before its next significant move. Related Reading: Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin Furthermore, the analyst notes that the bullish strength of the trend has weakened over the past two weeks. This could indicate a temporary slowdown in ADA’s upward momentum, potentially leading to consolidation or sideways trading.  However, despite this weakening bullish strength, the analyst stated that the overall trend direction remains bullish, suggesting that ADA’s long-term prospects remain positive. ADA is trading at $0.652, exhibiting a sideways price action in the last 24 hours. However, over the past seven days, the token has successfully recovered from previous losses and registered a gain of 5.4%. Featured image from Shutterstock, chart from TradingView.com

NewsBTC

Cardano Latest Technological Updates Unveiled, Analyst Maintains Bullish Outlook on ADA

The post Taiwanese Singer Raises 195,000 Solana Worth $36M For His New Memecoin appeared first on Coinpedia Fintech News
Taiwanese singer Jeffrey Huang has made headlines in the cryptocurrency world as he reportedly raised around 195,000 SOL (Solana) for his Memecoin Bobaoppa. However, Huang’s earlier involvement in multiple Initial Coin Offerings (ICOs) in 2022, which resulted in failed pump-and-dump NFT tokens, has sparked skepticism within the crypto community regarding his recent actions. Fundraise For …

Coinpedia

Taiwanese Singer Raises 195,000 Solana Worth $36M For His New Memecoin

Cardano (ADA) has emerged as the leader in developer activity among Layer 1 blockchain platforms despite experiencing a notable price drop over the past week.

ZyCrypto

ADA at $5 Price Could Become Reality In This Cycle As Cardano Leads Top L1s In This Metric

According to the Cardano founder Charles Hoskinson, 2030 we may expect enhanced computational capabilities. His prediction suggests that standard gaming PCs will run models with 1,000 times the power of today’s leading AI, Mixtral. While this forecast has originated from high-performance hardware and model training, the database itself requires a powerful CPU to run. Hoskinson 
The post Cardano Founder Sees 1000x Computing Leap by 2030 appeared first on CoinGape.

Cardano Founder Sees 1000x Computing Leap by 2030

Charles Hoskinson has debunked rumors that Cardano Hydra has been abandoned, calling the claims from critics a mere FUD- Fear, Uncertainty, and Doubt. The rumors that Cardano Hydra has been abandoned appear to be FUD, according to Charles Hoskinson, Cardano founder.  Cardano Hydra is Getting More Upgrades Hoskinson stated that he had seen videos claiming 
The post Cardano Founder Claps Back At Critics On Hydra Development appeared first on CoinGape.

Cardano Founder Claps Back At Critics On Hydra Development

Charles Hoskinson, the founder of Cardano, discussed the upcoming “SuperNode” feature. This feature represents a pioneering attempt to increase the scalability and efficiency of the Cardano network as well as the involved chains. The SuperNode concept, which the Hyperledger FireFly Node initiated, can be a corporate game changer and lead to a reinvention of smart 
The post Charles Hoskinson Eyes Lightweight Consensus for Cardano appeared first on CoinGape.

Charles Hoskinson Eyes Lightweight Consensus for Cardano

Cardano (ADA) continues to carve out a distinctive niche despite experiencing a slight dip in its market price. Cardano, the eighth-largest cryptocurrency by market capitalization, is renowned for its forward-thinking vision, aiming to establish a decentralized platform capable of supporting smart contracts, digital identities, decentralized applications, and more. The platform’s innovative approach distinguishes it from 
The post Cardano Founder Points to Innovative Edge Amid Muted Price Action appeared first on CoinGape.

Cardano Founder Points to Innovative Edge Amid Muted Price Action

The post Is Cardano Price About to Crash? How Low Can ADA Price Plunge? appeared first on Coinpedia Fintech News
Cardano (ADA) price has struggled to rally beyond the 200 weekly Moving Average (MA) since early December last year. With a fully diluted valuation (FDV) of around $26 billion, the large-cap altcoin faces short-term weakness similar to Bitcoin’s.  Furthermore, ADA price has dropped about 3.4 percent in the past week to trade around 58 cents …

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