🥳 Ethereum's social dominance continues to grow as traders get ready for the Merge

🥳 Ethereum's social dominance continues to grow as traders get ready for the Merge🎮 NFTs to invade the world of video games 🚓 Arrest warrant issued against CEO of Terraform Labs, LUNA instantly drops 40%

GM, vEmpions! Our motto of the day is: "You didn't come this far to only come this far." We're sure you've all heard this one before, and it's a great way to motivate yourself to keep going even when you feel like you can't. So remember, when things get tough and you feel like giving up, that you didn't come this far to only come this far! Check out what we have for you today:

🥳 Ethereum's social dominance continues to grow as traders get ready for the Merge🎮 NFTs to invade the world of video games 🚓 Arrest warrant issued against CEO of Terraform Labs, LUNA instantly drops 40%

Ethereum's social dominance continues to grow as traders get ready for the Merge

Ethereum's social dominance continues to grow, with the recent Merge upgrade only increasing interest and excitement around the world's second largest cryptocurrency.

According to social intelligence platform LunaCrush, Ethereum's social dominance stood at 14.79% on September 13th, after climbing +23.19% in just one month.

Social dominance refers to the percentage of all social media activity that is dedicated to a particular cryptocurrency.

This metric is often used as a measure of how much "buzz" or interest there is in a given crypto asset, and Ethereum's recent surge in social dominance indicates that traders are increasingly interested in the token.

With the Ethereum community eagerly awaiting the Merge upgrade today, it's clear that the interest in and around ETH is only going to continue to grow. What does Ethereum have in store for us? This is the day we've all been waiting for. The momentous occasion when we find out what the future of cryptocurrency holds. So let's sit back, relax, and enjoy the show.

NFTs to invade the world of video games

With the increasing popularity of video games and metaverse games, it was only a matter of time before non-fungible tokens (NFTs) made their way into these virtual worlds. MyMetaverse and Enjin (ENJ) have both announced that they have introduced playable NFTs on their game servers for Grand Theft Auto V and Minecraft.

These initial in-game NFTs can be used across MyMeteverse’s suite of game servers, including Minecraft and GTA5. So now you can finally show off your virtual assets to your friends and enemies! Whether it’s a new car, a fancy house, or a powerful weapon, you can now flaunt your stuff in the most popular virtual worlds.

Of course, not everyone is happy about this development. Some people have voiced their concerns that NFTs will ruin the gaming experience, as players will now be more focused on acquiring virtual assets instead of enjoying the game itself. Others are worried that the prices of NFTs will become inflated, just like in the real world.

Only time will tell how this new development will affect the world of video games. But one thing is for sure: NFTs are here to stay.

Arrest warrant issued against CEO of Terraform Labs, LUNA instantly drops 40%

It seems that the collapse of the Terra (LUNA) platform and its TerraUSD (UST) stablecoin is still having ripple effects, even four months later. The latest development is that the CEO of Terraform Labs, Do Kwon, is facing arrest, along with a handful of other individuals.

Apparently, a court in the South Korean capital has issued a warrant for Do Kwon and five additional persons, citing violations of the country’s Capital Markets Act. This is certainly not a good development for the Terra's new project (LUNA, also called LUNA2) or its investors.

The new LUNA token nosedived 40% in value in just two hours after news of the arrest warrant became public. This just goes to show that the cryptocurrency market is still highly volatile and risky. Investors should be very careful before putting their money into any digital asset.

It will be interesting to see how this story develops and whether or not Do Kwon and the others will be successfully prosecuted.