Shiba Inu’s lead developer Shytoshi Kusama recently announced an increase in the prize pool for the monthly Shiba Eternity tournament. Kusama increased the frequency of the tournaments to twice a month, fueling a bullish sentiment among SHIB ecosystem participants.
Dogecoin, the largest meme coin by market capitalization, continued its uptrend as the demand wall at $0.075 held steady. While the uncertainty from Silvergate bank’s clients, cryptocurrency exchanges and crypto firms dropping the financial institution triggered a correction in the cryptocurrency ecosystem, DOGE price held its ground above the support level at $0.075.
South Korean blockchain-based community platform Steemhunt has accused Binance of stealing its Artificial Intelligence-based NFT product Chatcasso. Binance’s NFT product’s name is Bicasso and the similarity between the name and features could stifle the Korean firm’s innovation, according to a representative.