Such features can open up flourishing ecosystems on a blockchain, adding to a token’s fundamentals and contributing to an increase in prices on heightened demand. In May, hype for Dogecoin inscriptions bumped transactional volumes on the network to lifetime peaks, leading to a 10% gain in the cryptocurrency’s price. www.coindesk.com
Such features can open up flourishing ecosystems on a blockchain, adding to a token’s fundamentals and contributing to an increase in prices on heightened demand. In May, hype for Dogecoin inscriptions bumped transactional volumes on the network to lifetime peaks, leading to a 10% gain in the cryptocurrency’s price.
www.coindesk.com
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