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🐸 Canary Capital has filed an application for a spot PEPE-ETF
In the S-1 form filed with the SEC, it states that the fund will track the price of PEPE, holding the underlying tokens with a third-party digital custodian (custodian).
Unlike Bitcoin or ether-based funds, this product is tied to a meme coin, the market logic of which is much less related to fundamental factors.
⚠️ Moreover, PEPE itself is already far from its former success and is trading 85% below its peak.
#GateSquareAprilPostingChallenge
The TON blockchain has just been upgraded and is now 10 times faster.
The block creation speed has increased by 6 times.
Transactions now occur instantly, in fractions of a second.
This is the first of 7 steps within the Make TON Great Again plan (MTONGA).
The next step is to reduce the already low fees by another 6 times.