As November comes to a close, we will be providing you with an overview of the most recent and exciting developments. This post will begin with Vitalik Buterin’s potential redesign of Ethereum (ETH) staking and Binance Coin (BNB) price fall after the CEO’s departure. It will end with insight into this new ICO, Meme Moguls (MGLS), a token with 100x potential.
Ethereum (ETH): Potential Redesign of Ethereum Staking
Ethereum (ETH) co-founder Vitalik Buterin proposed an ambitious plan to redesign Ethereum staking. If implemented, it could potentially have significant implications for both users and developers. This idea was teased while speaking at Devconnect in Turkey, outlining a strategy to enhance staking and address pressing performance issues.
According to this Ethereum News, Buterin’s vision includes integrating private mempools and ERC-4337. The former will enhance privacy and security, while the latter will give users more advanced control over their accounts.
It remains to be seen if this idea will be implemented. The Ethereum price today is a little over $2,000, which has been fluctuating.
Binance Coin (BNB): CEO Resignation Results in Price Decline
What is Binance Coin (BNB)? It is the utility token of the Binance exchange, along with other projects in the ecosystem. It has tangible applications and is a top-five cryptocurrency by market capitalization.
Last week, Changpeng Zhao, popularly called ‘CZ,’ resigned as Binance CEO. His resignation was in the wake of his guilty plea to criminal charges and money laundering violations by the DOJ. This Binance Coin news reports that he will pay a fine of $200 million and faces a maximum sentence of 10 years in prison.
Following his resignation, the price of Binance Coin declined by over 8% in the weekly timeframe. Will it continue to falter? Well, as it stands, things aren’t looking promising—excessive FUDs are flying around.
Meme Moguls (MGLS): A 100x Token
Finding the next 100x token requires strong research and a cryptocurrency meeting certain criteria. Ticking all the boxes is this top ICO, Meme Moguls (MGLS). Just like its name moguls it seeks to make influential and successful individuals.
Meme Moguls will be a trailblazer in the meme world and the crypto landscape at large. Its unique contribution to the crypto scene is to become the world’s first meme-backed stock market. This novel platform will allow users to buy, sell, and trade meme-based assets in their journey to becoming moguls.
By engaging with the platform, users will polish their meme-picking strategies. More importantly, they will be able to unearth the next 100x meme token. Ultimately, the platform will cover everything about memes, from trading to learning market insight and generally staying ahead of the curve.
It is poised to become the go-to platform for wealth accumulation and honing meme trading skills. This will set it apart from the rest and see it skyrocket. According to experts, its value will increase by 100x after launch.
The presale is ongoing currently in its first stage and a token costs only $0.0021. At the completion of each presale stage, there will be a mouthwatering giveaway of $10,000. To benefit from all its promises, we suggest checking it out.
*This article was paid for Cryptonomist did not write the article or test the platform.