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- Bitcoin Hits $69K, Solana Meme Coin Dogwifhat, Messi Unveils Sustainability Project with RWA
Bitcoin Hits $69K, Solana Meme Coin Dogwifhat, Messi Unveils Sustainability Project with RWA
This week in web3 via NettyBytes
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NettyWorth is a social marketplace where you can Chat, Manage and Borrow against your digital assets.
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1. Bitcoin Hits New All-Time High Above $69K After Spot ETF Approval
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Bitcoin has reached a new all-time high price above $69,000, fueled by the approval and launch of spot Bitcoin ETFs. The approval of these ETFs, after years of denials from the SEC, sparked renewed interest from big investors and Wall Street firms, leading to a bullish rally. Bitcoin's price has surged over 300% since the start of 2023, up from trading below $17,000 per coin. The approval of Bitcoin ETFs in January initially led to a modest price bump, followed by a dip as traders took profits. However, the price has since skyrocketed as interest in ETF products increased and retail investors returned to the market.
2. Solana Meme Coin Dogwifhat (WIF) Challenges BONK with $2 Billion Market Cap
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Source: @metaversejoji on Twitter
Dogwifhat (WIF), a meme coin on the Solana blockchain, has surged in price and market cap following its listing on Binance. Despite volatility in the broader crypto market, Dogwifhat has seen a 14.7% gain, reaching $2.10 per coin with a market cap of $2 billion. It is approaching the market cap of fellow Solana , which stands at $2.2 billion. BONK has experienced a price decrease but remains up 130% for the week. Dogwifhat launched just three months ago, while BONK was founded in December 2022 and has undergone price fluctuations.
3. Lionel Messi Unveils Sustainability Project with RWA Tokenization
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RWA tokenization, backed by high-profile figures like Lionel Messi, is expected to grow into a $16 trillion market by 2030. Planet Refi, a Web3 platform, has launched a sustainability project with Messi as its ambassador, unveiling the Join The Planet RWA series inspired by Messi's signature left boot. This initiative highlights the environmental sustainability efforts of using RWA tokenization. Planet Refi's ecosystem also includes Mystery Boxes with digital collectibles and a staking program for PLANET token holders. The company aims to integrate Web3 with RWA to generate revenue while contributing to sustainability.
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Past 7 Days
Bitcoin $66,750.94 +9.4% | Ethereum $3,793.79 +13.1% |
Solana $128.97 +14.2% | Cardano $0.7177 +12.3% |
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Mobile development is on going. You can now access it via mobile but much more work to do. We estimate mobile to be ready by March 18th.
Development of our marketplace to start soon. Smart Contract completed.