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During a favorable phase for most cryptocurrencies, 0x (ZRX) emerged as one of the standout performers, albeit less conspicuously. Amidst its bullish trend, both its market capitalization and value saw a significant multiplication. In recent months , 0x’s market capitalization experienced remarkable growth, soaring by +238% in two months and, notably, almost doubling (+89%) in a mere two-day span. This surge in value coincided with a significant uptick in large-scale ZRX transactions, reaching a peak not seen in 1.5 years.  Additionally, older coins, which had been dormant, re-entered circulation. This activity was highlighted by Santiment , a blockchain and cryptocurrency behavior analysis platform, in a post on November 12. ZRX value and market cap increase. Source: Santiment This multiple-fold increase over the two-month period has brought the market cap of 0x to $479.97 million.  Cryptocurrency Over 60,000 Bitcoin millionaires emerge in 2023, 3...

According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone. Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths.  According to research from blockchain sleuths ZachXBT, one address, in particular, has allegedly launched “114 memecoin scams” in the past 45 days alone. In an April 26 Twitter thread, ZachXBT tracked the movements of the Wallet address: 0x739c58807B99Cb274f6FD96B10194202b8EEfB47 , noting that “each time stolen funds from the scam are sent to the exact same deposit address.” “I suspect there are more too. These are just ones sent to that deposit address lol,” ZachXBT added in response to a comment. Over the past 1.5 months one person has created 114 meme coin scams. Each time stolen funds from the scam are sent to the exact same deposit address. 0x739c58807B99Cb274f6FD96B10194202b8EEfB47 pic.twitter.com/uwVAiG9WGG — ZachXBT (@zachxbt) April 26, ...