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RaymondYH

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- RaymondYHRaymondYH
  ·2021-07-07
  $AMC Entertainment(AMC)$Buy & HODL!
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- RaymondYHRaymondYH
  ·2021-07-02
  $Manchester United PLC(MANU)$Jadon Sancho #JS7
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- RaymondYHRaymondYH
  ·2021-05-15
  ????
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- RaymondYHRaymondYH
  ·2021-05-15
  $Manchester United PLC(MANU)$Hopefully we could do our best to win the Europa League Cup!
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- RaymondYHRaymondYH
  ·2021-05-12
  [Cry]
  UPDATE 1-Delivery Hero goes back to its roots with Berlin return
  * Berlin goes live in June, wider German rollout from August * Delivery Hero sold German operation
  UPDATE 1-Delivery Hero goes back to its roots with Berlin return
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- RaymondYHRaymondYH
  ·2021-05-12
  Wow
  Dogecoin copycats are driving up Ethereum fees and vexing parts of the crypto community
  If imitation is the most sincere form of flattery, then recent efforts to mimic dogecoin represent a
  Dogecoin copycats are driving up Ethereum fees and vexing parts of the crypto community
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href=\"https://laohu8.com/S/MANU\">$Manchester United PLC(MANU)$</a>Hopefully we could do our best to win the Europa League Cup!","listText":"<a href=\"https://laohu8.com/S/MANU\">$Manchester United PLC(MANU)$</a>Hopefully we could do our best to win the Europa League Cup!","text":"$Manchester United PLC(MANU)$Hopefully we could do our best to win the Europa League Cup!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196623370","isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193418958,"gmtCreate":1620809012674,"gmtModify":1704348722879,"author":{"id":"3583744083228771","authorId":"3583744083228771","name":"RaymondYH","avatar":"https://static.tigerbbs.com/dd40daf72ab2d2a3057d94b7215960d7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583744083228771","authorIdStr":"3583744083228771"},"themes":[],"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193418958","repostId":"2134441692","repostType":2,"repost":{"id":"2134441692","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620808453,"share":"https://ttm.financial/m/news/2134441692?lang=&edition=fundamental","pubTime":"2021-05-12 16:34","market":"us","language":"en","title":"UPDATE 1-Delivery Hero goes back to its roots with Berlin return","url":"https://stock-news.laohu8.com/highlight/detail?id=2134441692","media":"Reuters","summary":"* Berlin goes live in June, wider German rollout from August   * Delivery Hero sold German operation","content":"<html><body><p>* Berlin goes live in June, wider German rollout from August</p><p>   * Delivery Hero sold German operations to JET in 2018</p><p>   * JET's local brand hits back with supermarket delivery</p><p> (Updates with Just Eat Takeaway response, context)</p><p>   By Douglas Busvine and Nadine Schimroszik</p><p>   BERLIN, May 12 (Reuters) - Delivery Hero   , the food delivery company that spans more than 50 countries, is relaunching operations in its home city of Berlin as a first step towards winning back the German market it quit over two years ago.</p><p>   The 10-year-old e-commerce company, a constituent of Germany's DAX blue-chip index, is going back to its roots after a growth spurt in Asia culminated in its recent $6.9 billion takeover of South Korea's Woowa.  </p><p>   Delivery Hero sold its German operations </p><p>in Dec. 2018 to Dutch rival Takeaway.com - now known as Just Eat Takeaway    - to focus on markets spanning Asia, Europe, the Middle East and the Americas.</p><p>   In the view of Chief Executive Niklas Oestberg, the German market has lagged Delivery Hero's own development while it was away, opening up an opportunity to win it back.</p><p>   \"We felt that over the last two years that the service in Germany has not got any better – sometimes even a little bit worse,\" Oestberg told Reuters on Wednesday. \"We felt like our service has become very, very good.\"</p><p>   Delivery Hero will start in June with the soft launch in Berlin of its foodpanda brand that is best known in Asia, promising delivery times of as little as seven minutes to customers who order on its smartphone app. </p><p>   It will follow in August with a broader rollout across German cities of restaurant food delivery and quick commerce served by its own network of local warehouses and shops.</p><p>   \"We might have a product good enough for challenging for number <a href=\"https://laohu8.com/S/AONE\">one</a> (spot) in the very long term – that's our logic,\" the 40-year-old Swede said in an interview.</p><p>   Asked for comment on Delivery Hero's return, Just Eat Takeaway's local food delivery brand Lieferando said it was upgrading into a \"super-app\" through which its 12 million users would be able to order from supermarket partners.</p><p>   JOINING THE FRAY</p><p>   Delivery Hero's return to Germany coincides with a furious boom in rapid delivery, pitting it against startups such as Berlin-based Gorillas that are growing fast and attracting lavish backing from venture capital investors.  </p><p>   Delivery Hero is already active in the quick commerce market, running 600 of its own Dmarts - or delivery-only supermarkets - and processing more than 400,000 orders a day worldwide last month.</p><p>   And, although margins in Delivery Hero's quick commerce division are deeply negative, Oestberg said he could see a way to compete against supermarket chains that have to bear higher overheads and chart a path to profit.</p><p>   He said he would not be drawn into a race, adding that his goal was for Delivery Hero's Berlin-based team to come up with the best product, rather than splurging on promotions to buy market share.</p><p>   \"I would be super-super happy if people come back and say: I love this service - this is so much better than anything I've ever had before,\" Oestberg said when asked how the German operation would look in a year's time.</p><p>   \"If the feedback I hear is very positive, then we can always scale, we can always put in more money behind it.\"</p><p>($1 = 0.8220 euros)</p><p> (Reporting by Douglas Busvine; Editing by Alexandra Hudson and David Clarke)</p><p>((douglas.busvine@tr.com; +49 30 220 133 562;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UPDATE 1-Delivery Hero goes back to its roots with Berlin return</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUPDATE 1-Delivery Hero goes back to its roots with Berlin return\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-12 16:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Berlin goes live in June, wider German rollout from August</p><p>   * Delivery Hero sold German operations to JET in 2018</p><p>   * JET's local brand hits back with supermarket delivery</p><p> (Updates with Just Eat Takeaway response, context)</p><p>   By Douglas Busvine and Nadine Schimroszik</p><p>   BERLIN, May 12 (Reuters) - Delivery Hero   , the food delivery company that spans more than 50 countries, is relaunching operations in its home city of Berlin as a first step towards winning back the German market it quit over two years ago.</p><p>   The 10-year-old e-commerce company, a constituent of Germany's DAX blue-chip index, is going back to its roots after a growth spurt in Asia culminated in its recent $6.9 billion takeover of South Korea's Woowa.  </p><p>   Delivery Hero sold its German operations </p><p>in Dec. 2018 to Dutch rival Takeaway.com - now known as Just Eat Takeaway    - to focus on markets spanning Asia, Europe, the Middle East and the Americas.</p><p>   In the view of Chief Executive Niklas Oestberg, the German market has lagged Delivery Hero's own development while it was away, opening up an opportunity to win it back.</p><p>   \"We felt that over the last two years that the service in Germany has not got any better – sometimes even a little bit worse,\" Oestberg told Reuters on Wednesday. \"We felt like our service has become very, very good.\"</p><p>   Delivery Hero will start in June with the soft launch in Berlin of its foodpanda brand that is best known in Asia, promising delivery times of as little as seven minutes to customers who order on its smartphone app. </p><p>   It will follow in August with a broader rollout across German cities of restaurant food delivery and quick commerce served by its own network of local warehouses and shops.</p><p>   \"We might have a product good enough for challenging for number <a href=\"https://laohu8.com/S/AONE\">one</a> (spot) in the very long term – that's our logic,\" the 40-year-old Swede said in an interview.</p><p>   Asked for comment on Delivery Hero's return, Just Eat Takeaway's local food delivery brand Lieferando said it was upgrading into a \"super-app\" through which its 12 million users would be able to order from supermarket partners.</p><p>   JOINING THE FRAY</p><p>   Delivery Hero's return to Germany coincides with a furious boom in rapid delivery, pitting it against startups such as Berlin-based Gorillas that are growing fast and attracting lavish backing from venture capital investors.  </p><p>   Delivery Hero is already active in the quick commerce market, running 600 of its own Dmarts - or delivery-only supermarkets - and processing more than 400,000 orders a day worldwide last month.</p><p>   And, although margins in Delivery Hero's quick commerce division are deeply negative, Oestberg said he could see a way to compete against supermarket chains that have to bear higher overheads and chart a path to profit.</p><p>   He said he would not be drawn into a race, adding that his goal was for Delivery Hero's Berlin-based team to come up with the best product, rather than splurging on promotions to buy market share.</p><p>   \"I would be super-super happy if people come back and say: I love this service - this is so much better than anything I've ever had before,\" Oestberg said when asked how the German operation would look in a year's time.</p><p>   \"If the feedback I hear is very positive, then we can always scale, we can always put in more money behind it.\"</p><p>($1 = 0.8220 euros)</p><p> (Reporting by Douglas Busvine; Editing by Alexandra Hudson and David Clarke)</p><p>((douglas.busvine@tr.com; +49 30 220 133 562;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134441692","content_text":"* Berlin goes live in June, wider German rollout from August   * Delivery Hero sold German operations to JET in 2018   * JET's local brand hits back with supermarket delivery (Updates with Just Eat Takeaway response, context)   By Douglas Busvine and Nadine Schimroszik   BERLIN, May 12 (Reuters) - Delivery Hero   , the food delivery company that spans more than 50 countries, is relaunching operations in its home city of Berlin as a first step towards winning back the German market it quit over two years ago.   The 10-year-old e-commerce company, a constituent of Germany's DAX blue-chip index, is going back to its roots after a growth spurt in Asia culminated in its recent $6.9 billion takeover of South Korea's Woowa.     Delivery Hero sold its German operations in Dec. 2018 to Dutch rival Takeaway.com - now known as Just Eat Takeaway    - to focus on markets spanning Asia, Europe, the Middle East and the Americas.   In the view of Chief Executive Niklas Oestberg, the German market has lagged Delivery Hero's own development while it was away, opening up an opportunity to win it back.   \"We felt that over the last two years that the service in Germany has not got any better – sometimes even a little bit worse,\" Oestberg told Reuters on Wednesday. \"We felt like our service has become very, very good.\"   Delivery Hero will start in June with the soft launch in Berlin of its foodpanda brand that is best known in Asia, promising delivery times of as little as seven minutes to customers who order on its smartphone app.    It will follow in August with a broader rollout across German cities of restaurant food delivery and quick commerce served by its own network of local warehouses and shops.   \"We might have a product good enough for challenging for number one (spot) in the very long term – that's our logic,\" the 40-year-old Swede said in an interview.   Asked for comment on Delivery Hero's return, Just Eat Takeaway's local food delivery brand Lieferando said it was upgrading into a \"super-app\" through which its 12 million users would be able to order from supermarket partners.   JOINING THE FRAY   Delivery Hero's return to Germany coincides with a furious boom in rapid delivery, pitting it against startups such as Berlin-based Gorillas that are growing fast and attracting lavish backing from venture capital investors.     Delivery Hero is already active in the quick commerce market, running 600 of its own Dmarts - or delivery-only supermarkets - and processing more than 400,000 orders a day worldwide last month.   And, although margins in Delivery Hero's quick commerce division are deeply negative, Oestberg said he could see a way to compete against supermarket chains that have to bear higher overheads and chart a path to profit.   He said he would not be drawn into a race, adding that his goal was for Delivery Hero's Berlin-based team to come up with the best product, rather than splurging on promotions to buy market share.   \"I would be super-super happy if people come back and say: I love this service - this is so much better than anything I've ever had before,\" Oestberg said when asked how the German operation would look in a year's time.   \"If the feedback I hear is very positive, then we can always scale, we can always put in more money behind it.\"($1 = 0.8220 euros) (Reporting by Douglas Busvine; Editing by Alexandra Hudson and David Clarke)((douglas.busvine@tr.com; +49 30 220 133 562;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193645702,"gmtCreate":1620786872006,"gmtModify":1704348384459,"author":{"id":"3583744083228771","authorId":"3583744083228771","name":"RaymondYH","avatar":"https://static.tigerbbs.com/dd40daf72ab2d2a3057d94b7215960d7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583744083228771","authorIdStr":"3583744083228771"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193645702","repostId":"2134958746","repostType":4,"repost":{"id":"2134958746","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1620786300,"share":"https://ttm.financial/m/news/2134958746?lang=&edition=fundamental","pubTime":"2021-05-12 10:25","market":"us","language":"en","title":"Dogecoin copycats are driving up Ethereum fees and vexing parts of the crypto community","url":"https://stock-news.laohu8.com/highlight/detail?id=2134958746","media":"Dow Jones","summary":"If imitation is the most sincere form of flattery, then recent efforts to mimic dogecoin represent a","content":"<p>If imitation is the most sincere form of flattery, then recent efforts to mimic dogecoin represent a genuine appreciation for the surge in demand for the meme assets. However, some market participants are concerned that a proliferation of dogecoin copycats might end badly for digital-asset investors.</p>\n<p>One virtual, China-based cryptocurrency, Shiba Inu, which was minted recently and modeled as a \"fun\" crypto a la dogecoin , has seen its value surge in recent weeks along with dogecoin and some complain that it is having a negative effect on the broader crypto market.</p>\n<p>The coin, which is sometimes described as an alternative, if not a rival, to dogecoin, has surged more than 1,500% in the past seven days. Even with this rally it was last changing hands at $0.00003296, according to crypto data site CoinMarketCap. com .</p>\n<p>SHIB, which presumably derives its name from the fact that dogecoin is pegged to the image of a Shiba Inu dog, is now the 19th largest crypto in the world. Dogecoin stands as the fourth largest crypto, according to CoinMarketCap.com.</p>\n<p>Creators of SHIB describe it \"as an experiment in decentralized spontaneous community building,\" and have dubbed it a \"DOGECOIN KILLER,\" on the website. The creators are also trying to market two other cryptos loosely pegged to SHIB known as Leash and Bone.</p>\n<p>Sound like a joke?</p>\n<p>The Wall Street Journal wrote last week that dogecoin's stratospheric run-up has spurred investors to turn their attention to \"newer digital assets such as DigiByte, VeChain and SafeMoon\" in the hunt for cheaper alternatives but the proliferation of dogecoin doppelgängers also seems to be feeding into the fervor for speculative gains.</p>\n<p>A number of other coins being billed as dogecoin facsimiles also have been drawing attention. Those rivals include Kisha Inu, which trades under the ticker KISHU and is marketed as \"a community-focused, decentralized cryptocurrency with instant rewards for holders.\"</p>\n<p>Dogelon Mars trades under the ticker ELON and refers to itself as \"a fair universal currency for the people,\" on its website, trying to leverage from dogecoin's everyman appeal and Elon Musk's avid promotion of dogecoin as a viable virtual currency.</p>\n<p>ELON's website says it shouldn't be thought of as , or COSHI, is thought of as another copycat.</p>\n<p>Larry Cermak, director of research at crypto data provider The Block, on Monday said that the growth of dogecoin copycats was causing spikes in transaction fees.</p>\n<p>\"I don't have the exact numbers on this but anecdotally these new Doge copycats are taking a shit ton of recent block space and causing gas spikes to 300+,\" he wrote via <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p>\n<p>The average cost of an Ethereum transaction on Monday was at $51.21, according to YCharts . That is up 83% from fees of $28.04 on May 9 and partly reflects the rise in price of Ethereum prices which have been trading at around record highs recently but also reflects increased use of the Ethereum blockchain networks, including applications run by the dogecoin rival projects that use the Ethereum blockchain.</p>\n<p>On Monday, Changpeng Zhao, the CEO of Binance, the largest crypto platform by transaction volume, tweeted that demand for SHIB was skyrocketing and said that the platform ran out of deposit addresses due to appetite for the crypto.</p>\n<p>Shib's recent listing on Binance and other platforms has also raised eyebrows in the digital-asset world. Appetite for dogecoin-like assets has been seen helping drive volumes at a number of crypto exchange platforms, including UniSwap, which has become a popular decentralized trading platform and its proprietary coin ranks No. 13 on the list of most-highly valued cryptos.</p>\n<p>For its part, dogecoin's own run has cooled considerably after the highly anticipated appearance of Musk on \"Saturday Night Live,\" which was viewed as a potential inflection point for the original meme currency. At last check, dogecoin was changing hands at around 50 cents, down from its recent peak at nearly 75 cents on Saturday.</p>\n<p>The emergence of doge copycats is perhaps understandable considering the rise of dogecoin's price, which still retains a quintuple-digit percentage year-to-date return. By comparison, gold futures are down 3.1% in 2021, while the Dow Jones Industrial Average has gained nearly 12% so far this year, and the S&amp;P 500 has advanced over 10% and the Nasdaq Composite Index is holding on to a 3.7% year-to-date gain, despite a bout of volatility in the three main equity benchmarks on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dogecoin copycats are driving up Ethereum fees and vexing parts of the crypto community</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDogecoin copycats are driving up Ethereum fees and vexing parts of the crypto community\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-12 10:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>If imitation is the most sincere form of flattery, then recent efforts to mimic dogecoin represent a genuine appreciation for the surge in demand for the meme assets. However, some market participants are concerned that a proliferation of dogecoin copycats might end badly for digital-asset investors.</p>\n<p>One virtual, China-based cryptocurrency, Shiba Inu, which was minted recently and modeled as a \"fun\" crypto a la dogecoin , has seen its value surge in recent weeks along with dogecoin and some complain that it is having a negative effect on the broader crypto market.</p>\n<p>The coin, which is sometimes described as an alternative, if not a rival, to dogecoin, has surged more than 1,500% in the past seven days. Even with this rally it was last changing hands at $0.00003296, according to crypto data site CoinMarketCap. com .</p>\n<p>SHIB, which presumably derives its name from the fact that dogecoin is pegged to the image of a Shiba Inu dog, is now the 19th largest crypto in the world. Dogecoin stands as the fourth largest crypto, according to CoinMarketCap.com.</p>\n<p>Creators of SHIB describe it \"as an experiment in decentralized spontaneous community building,\" and have dubbed it a \"DOGECOIN KILLER,\" on the website. The creators are also trying to market two other cryptos loosely pegged to SHIB known as Leash and Bone.</p>\n<p>Sound like a joke?</p>\n<p>The Wall Street Journal wrote last week that dogecoin's stratospheric run-up has spurred investors to turn their attention to \"newer digital assets such as DigiByte, VeChain and SafeMoon\" in the hunt for cheaper alternatives but the proliferation of dogecoin doppelgängers also seems to be feeding into the fervor for speculative gains.</p>\n<p>A number of other coins being billed as dogecoin facsimiles also have been drawing attention. Those rivals include Kisha Inu, which trades under the ticker KISHU and is marketed as \"a community-focused, decentralized cryptocurrency with instant rewards for holders.\"</p>\n<p>Dogelon Mars trades under the ticker ELON and refers to itself as \"a fair universal currency for the people,\" on its website, trying to leverage from dogecoin's everyman appeal and Elon Musk's avid promotion of dogecoin as a viable virtual currency.</p>\n<p>ELON's website says it shouldn't be thought of as , or COSHI, is thought of as another copycat.</p>\n<p>Larry Cermak, director of research at crypto data provider The Block, on Monday said that the growth of dogecoin copycats was causing spikes in transaction fees.</p>\n<p>\"I don't have the exact numbers on this but anecdotally these new Doge copycats are taking a shit ton of recent block space and causing gas spikes to 300+,\" he wrote via <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p>\n<p>The average cost of an Ethereum transaction on Monday was at $51.21, according to YCharts . That is up 83% from fees of $28.04 on May 9 and partly reflects the rise in price of Ethereum prices which have been trading at around record highs recently but also reflects increased use of the Ethereum blockchain networks, including applications run by the dogecoin rival projects that use the Ethereum blockchain.</p>\n<p>On Monday, Changpeng Zhao, the CEO of Binance, the largest crypto platform by transaction volume, tweeted that demand for SHIB was skyrocketing and said that the platform ran out of deposit addresses due to appetite for the crypto.</p>\n<p>Shib's recent listing on Binance and other platforms has also raised eyebrows in the digital-asset world. Appetite for dogecoin-like assets has been seen helping drive volumes at a number of crypto exchange platforms, including UniSwap, which has become a popular decentralized trading platform and its proprietary coin ranks No. 13 on the list of most-highly valued cryptos.</p>\n<p>For its part, dogecoin's own run has cooled considerably after the highly anticipated appearance of Musk on \"Saturday Night Live,\" which was viewed as a potential inflection point for the original meme currency. At last check, dogecoin was changing hands at around 50 cents, down from its recent peak at nearly 75 cents on Saturday.</p>\n<p>The emergence of doge copycats is perhaps understandable considering the rise of dogecoin's price, which still retains a quintuple-digit percentage year-to-date return. By comparison, gold futures are down 3.1% in 2021, while the Dow Jones Industrial Average has gained nearly 12% so far this year, and the S&amp;P 500 has advanced over 10% and the Nasdaq Composite Index is holding on to a 3.7% year-to-date gain, despite a bout of volatility in the three main equity benchmarks on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134958746","content_text":"If imitation is the most sincere form of flattery, then recent efforts to mimic dogecoin represent a genuine appreciation for the surge in demand for the meme assets. However, some market participants are concerned that a proliferation of dogecoin copycats might end badly for digital-asset investors.\nOne virtual, China-based cryptocurrency, Shiba Inu, which was minted recently and modeled as a \"fun\" crypto a la dogecoin , has seen its value surge in recent weeks along with dogecoin and some complain that it is having a negative effect on the broader crypto market.\nThe coin, which is sometimes described as an alternative, if not a rival, to dogecoin, has surged more than 1,500% in the past seven days. Even with this rally it was last changing hands at $0.00003296, according to crypto data site CoinMarketCap. com .\nSHIB, which presumably derives its name from the fact that dogecoin is pegged to the image of a Shiba Inu dog, is now the 19th largest crypto in the world. Dogecoin stands as the fourth largest crypto, according to CoinMarketCap.com.\nCreators of SHIB describe it \"as an experiment in decentralized spontaneous community building,\" and have dubbed it a \"DOGECOIN KILLER,\" on the website. The creators are also trying to market two other cryptos loosely pegged to SHIB known as Leash and Bone.\nSound like a joke?\nThe Wall Street Journal wrote last week that dogecoin's stratospheric run-up has spurred investors to turn their attention to \"newer digital assets such as DigiByte, VeChain and SafeMoon\" in the hunt for cheaper alternatives but the proliferation of dogecoin doppelgängers also seems to be feeding into the fervor for speculative gains.\nA number of other coins being billed as dogecoin facsimiles also have been drawing attention. Those rivals include Kisha Inu, which trades under the ticker KISHU and is marketed as \"a community-focused, decentralized cryptocurrency with instant rewards for holders.\"\nDogelon Mars trades under the ticker ELON and refers to itself as \"a fair universal currency for the people,\" on its website, trying to leverage from dogecoin's everyman appeal and Elon Musk's avid promotion of dogecoin as a viable virtual currency.\nELON's website says it shouldn't be thought of as , or COSHI, is thought of as another copycat.\nLarry Cermak, director of research at crypto data provider The Block, on Monday said that the growth of dogecoin copycats was causing spikes in transaction fees.\n\"I don't have the exact numbers on this but anecdotally these new Doge copycats are taking a shit ton of recent block space and causing gas spikes to 300+,\" he wrote via Twitter.\nThe average cost of an Ethereum transaction on Monday was at $51.21, according to YCharts . That is up 83% from fees of $28.04 on May 9 and partly reflects the rise in price of Ethereum prices which have been trading at around record highs recently but also reflects increased use of the Ethereum blockchain networks, including applications run by the dogecoin rival projects that use the Ethereum blockchain.\nOn Monday, Changpeng Zhao, the CEO of Binance, the largest crypto platform by transaction volume, tweeted that demand for SHIB was skyrocketing and said that the platform ran out of deposit addresses due to appetite for the crypto.\nShib's recent listing on Binance and other platforms has also raised eyebrows in the digital-asset world. Appetite for dogecoin-like assets has been seen helping drive volumes at a number of crypto exchange platforms, including UniSwap, which has become a popular decentralized trading platform and its proprietary coin ranks No. 13 on the list of most-highly valued cryptos.\nFor its part, dogecoin's own run has cooled considerably after the highly anticipated appearance of Musk on \"Saturday Night Live,\" which was viewed as a potential inflection point for the original meme currency. At last check, dogecoin was changing hands at around 50 cents, down from its recent peak at nearly 75 cents on Saturday.\nThe emergence of doge copycats is perhaps understandable considering the rise of dogecoin's price, which still retains a quintuple-digit percentage year-to-date return. By comparison, gold futures are down 3.1% in 2021, while the Dow Jones Industrial Average has gained nearly 12% so far this year, and the S&P 500 has advanced over 10% and the Nasdaq Composite Index is holding on to a 3.7% year-to-date gain, despite a bout of volatility in the three main equity benchmarks on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}