TL;DR $55M Investment with a 3-Year Lock-Up: Andreessen Horowitz has committed $55 million to LayerZero's ZRO tokens, locking in the funds for three years. Building on Past Success: This strategic investment builds on prior rounds in March 2022 and April 2023, reinforcing consistent confidence in LayerZero's innovative cross-chain communication protocol.
LayerZeros native token, ZRO, rallied on Thursday after leading venture capital firm Andreessen Horowitz (a16z) expanded its investment in the blockchain interoperability protocol. The a16z crypto arm purchased an additional $55 million worth of ZRO tokens with a 3-year lock-up period, according to general partner Ali Yahya.
A16z has invested $55M in LayerZero's ZRO token with a three-year lockup, signaling confidence even as crypto markets face volatility and trade pressure. The post VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher appeared first on Cryptonews.
Andreessen Horowitz invests $55 million in LayerZero tokens.
Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments in LayerZero, including an initial investment in March 2022 and a subsequent investment during LayerZero's Series B funding round in April 2023.
Venture capital firm a16z Crypto has acquired an additional $55 million worth of LayerZero's native token, ZRO, according to an announcement on X.
The A16z team intends to lock the acquired ZRO tokens for three years to ensure its market stability. ZRO price is well primed for a major bullish rebound if the wider crypto market rises in the near future. Andreessen Horowitz (a16z) has been a huge contributor to the success of the LayerZero (ZRO) omnichain protocol.
Interoperability protocol LayerZero's native token (ZRO) surged Thursday on news that venture capital firm Andreessen Horowitz's (a16z) crypto arm increased its investment in the project.
THIS zone remains a critical inflection point for FLOKI's price action.
FLOKI might be brewing its next big breakout on the charts.
In the world of meme coins, it's not just about utility, tokenomics, or even real-world value. It's about hype. From Floki riding Elon Musk's Shiba Inu's name to Trump-themed meme coins skyrocketing on political memes alone, one thing is crystal clear: narrative is everything.
FLOKI may be ready for an upswing on the charts after corrections pass.
A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.
FLOKI's holders might expect some interesting price action in the next few hours.
FLOKI's market movement is in the favour of the bears right now.
Wyoming is set to launch a stablecoin, marking the first fiat-backed token issued by a public entity in the U.S. The Wyoming Stable Token (WYST) is undergoing testing on various platforms, including Avalanche, Solana, and Ethereum.
FLOKI has been attempting to recover from recent price losses, but its efforts are hindered by weak investor support.
Wyoming is preparing to launch its stablecoin on LayerZero, called the Wyoming Stable Token, possibly by July 2025. According to the official announcement on Mar.
Floki (CRYPTO: FLOKI) is gaining traction as major meme coins Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB) and Pepe (PEPE) rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Floki (CRYPTO: FLOKI) $0.00007192 $692.4 million +7% +15.5% Dogecoin (CRYPTO: DOGE) $0.1970 $29.3 billion +3.7% +14.1% Shiba Inu (CRYPTO: SHIB) $0.00001473 $8.7 billion +8.5% +15% Trader Notes: Prominent trader Unipcs emphasized that meme coins are outperforming other sectors, proving they are here to stay despite skepticism.
Cryptocurrency prices started the week well as investors turned bullish on risky assets like stocks. This rebound was driven by news that Donald Trump was more flexible on tariffs ahead of his “Liberation Day” on April 2. This article provides forecasts for some popular cryptocurrencies like Floki (FLOKI), Chainlink (LINK), and Binance Coin (BNB).
The new week on the cryptocurrency market began with a fresh update from the world's largest exchange, Binance. It was mainly about meme coins.
Influential cryptocurrency trader Glauber Contessoto, popularly known as SlumDOGE Millionaire, predicted a bullish future for Floki (CRYPTO: FLOKI) on Sunday, describing it as the “most undervalued.” What Happened: In an X post, Contessoto emphasized that FLOKI, being the “biggest meme coin” on BNB Chain (CRYPTO: BNB), shouldn't be taken lightly.
FLOKI price breakout gains momentum as bullish technical patterns emerge and investor interest surges.
LayerZero has created history with its mind blowing hold over the world. The financial system was revolutionized when LayerZero started climbing the ladder.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame.
The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme cryptocurrencies (dog-coins) by market capitalization, are both in worst performer list today. Meanwhile, once-leading meme coins like Floki (FLOKI), Dogwifhat (WIF) or Murad's pick SPX6900 (SPX), are losing steam in the top 100.
Crypto exchange Coinbase has announced the delisting of FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York starting April 14th.
Crypto prices bounced back on Friday as investors rotated back to risky assets amid rising recession risks. Bitcoin has moved to $84,000, while the market cap of all cryptocurrencies jumped to over $2.85 trillion. This article looks at some of the top trending crypto coins like LayerZero (ZRO), IOST (IOST), and Pi Network (PI).
Floki (CRYPTO: FLOKI) is gaining momentum as speculation of problems with trading the meme coin on Coinbase has been disspelled. What Happened: In an X post on Friday, Floki dismissed rumors of a Coinbase delisting, confirming that the platform is only halting trading in New York—a region that accounts for just 2-5% of FLOKI's volume on Coinbase.
Coinbase announced it will block trading activities in New York for FLOKI, TURBO, and GIGA. This change will take effect on April 14, 2025, at 2 PM ET.
Last night, Coinbase announced its intention to delist three popular tokens – Floki Inu ($FLOKI), Turbo ($TURBO), and GigaChad ($GIGA) – for its New York users, increasing ongoing concerns over regulatory scrutiny and the future of meme coins in the U.S. market.
Coinbase announced that it has suspended trading for memecoins Floki (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York only starting April 14, 2025, at around 2 PM ET. The crypto exchange said their recent asset review indicated the need to ensure compliance with its listing standards.
Coinbase halts memecoin trading in New York as regulatory pressures mount.
One of the largest U.S.-based cryptocurrency exchanges, Coinbase, has just announced a decision that has left investors stunned. The exchange is set to suspend trading for three popular memecoin in New York. With uncertainty in the air, market reactions have already started to show as coin prices have seen a sharp drop in value.
Coinbase is now working with 145 U.S. government agencies and 29 international ones amid a rapidly shifting cryptocurrency regulatory landscape. According to a Mar. 13 post on X by Coinbase CEO Brian Armstrong, the launch of the U.S.
Prices for Floki, Turbo, and Giga were little changed despite Coinbase announcing the suspension of trading on its platform in New York.
Floki whales are back to buy the dip after the memecoin declined to a yearly low.
Floki's key support in price action is confirmed by the fact that it sits on the lower range of the most significant zone between $0.000024 and $0.000036.
Steady selling volume and bearish market sentiment meant FLOKI remained in a firm downtrend.
As the cryptocurrency segment slowly recovers from yesterday's devastating drop, the meme cryptos segment sends mixed signals to bulls. While the majority of dog-themed meme coins remain in red, some already got back to surging.
Floki Inu has created history with its mind blowing hold over the world. The financial system was revolutionized when Floki Inu started climbing the ladder.
On-chain data shows Floki is among the altcoins seeing the largest spike in whale activity, a sign that could be bullish for the memecoin's price.
FLOKI's MVRV drops, suggesting that holders' profitability dipped as price trended down.
The rising rug pulls in meme coin space have weighed down bullish sentiment for Floki in the recent past amid low demand from whale investors.
For FLOKI to replicate its 2024 breakout, it must first break through key resistance levels.
Floki Inu (FLOKI) has seen strong daily volumes in the past 24 hours, with more than $200 million changing hands across major exchanges per CoinMarketCap as the price has rallied more than 3%. The post FLOKI Sees $200M in Daily Volume – Are the Whales Loading Up for a Massive Run? appeared first on Cryptonews.
This partnership opens the doors to a new era for DeFi on Bitcoin.