Top Cryptocurrency News for Today: Revised
XRP Documentary in the Works
Fruition Productions, a film and gaming studio, has announced the upcoming release of "XRP Unleashed," a documentary exploring the XRP ecosystem. The documentary will be self-distributed, available on platforms like Amazon and Apple TV. According to Fruition Productions, Ripple CEO Brad Garlinghouse and his team declined to participate, but Ripple CTO David Schwartz provided an interview.
Shiba Inu (SHIB) Embraces DAO Governance
Shiba Inu's marketing lead has revealed plans to launch DAO Governance as the next step for the project. Holders of SHIB will have a voice in decision-making, through two key councils: the Charity Council and the Culture & Heritage Council. This initiative aims to enhance SHIB's community-driven nature. The official launch date is yet to be announced.
PEPE Liquidation Soars
Data from CoinGlass indicates that the liquidation of PEPE has surpassed that of meme coins like WIF, SHIB, and DOGE. Over the last 24 hours, PEPE recorded a $2.33 million liquidation, with $1.32 million affecting long traders and $1.01 million affecting short traders. This represents over 247 billion PEPE tokens. While PEPE has faced similar events in the past, its recent high liquidation suggests increased interest in the token. Despite the 5.36% drop in price over the past 24 hours, PEPE currently trades at $0.000008347, according to CoinMarketCap.
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