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Crypto traders have lost over $100 million in the last four hours of this writing amid leverage position liquidations. The cryptocurrency market crashed by nearly $100 billion in capitalization since April 29’s opening, triggering these liquidations. Following a high-volatility event, crypto traders registered $101.39 million in losses in a 4-hour time frame. In particular, $96.62 million were from long-position liquidations, drastically punishing the bulls as cryptocurrencies trembled. Finbold retrieved this data from CoinGlass on April 30 at 13:00 UTC. Notably, Ethereum (ETH) led the losses with $28.47 million worth of collateral compulsively sold in exchanges, while Bitcoin (BTC) has slightly less than $20 million in liquidations in the same 4-hour period. Picks for you Promising Ethereum tokens to invest in May 2024 26 mins ago Cardano price prediction after whale activity explodes 44 mins ago Professional trader warns of ‘catastrophic’ market cras...

The launch of the BANANA token faced a catastrophic glitch, causing a drastic price drop shortly after its debut. Amidst accusations and chaos, the team is working on a recovery plan. BANANA token, a much-anticipated token of Banana Gun, a Telegram bot, was launched on Sept. 11 and immediately grabbed the attention of many cryptocurrency fans. Yet, even though experts checked the system carefully twice, a small error in the smart contract slipped by, causing trouble just a few hours after it started. The bug was discovered by ChatGPT, opening up a Pandora’s box of debates and discussions. Let’s take a closer look at the rocky start of Banana Gun, focusing on the critical problems of smart contract gaps and the help AI can offer in solving them. The flash crash Banana Gun is a Telegram bot designed to help users quickly buy new token s, mainly on the Ethereum (ETH) Network. When Banana Gun launched its own token named BANANA, it caused quite a stir. Within hours of lau...

Join Our Telegram channel to stay up to date on breaking news coverage Meme coins experienced a high level of traction this year since April 2023. Many recently launched token blew up and reached their all-time highs shortly after being live on the trading charts. A recent addition to the meme coin community- Pepe, closely followed Dogecoin and Shiba Inu and aimed to leverage the public support already gained by its successful predecessors. However, the upward trajectory of these meme coins was short-lived, and they underwent massive price correction Memecoin Price Analysis Dogecoin Dogecoin was initially created in 2013 as an alternative to Bitcoin. It was considered a token which was fun and low stake. Without any major utilities attached to it, the crypto world did not consider it as a cryptocurrency with serious potential. However, a tweet from Elon Musk created a buzz about Dogecoin in 2021 which led to a tremendous hike in its value. As a result, Dogecoin reached ...