{"id":10025,"date":"2022-10-18T14:57:05","date_gmt":"2022-10-18T18:57:05","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=10025"},"modified":"2022-10-18T14:57:05","modified_gmt":"2022-10-18T18:57:05","slug":"only-in-crypto-a-strudel-pays-rent-with-the-protocol-profits","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2022\/10\/18\/only-in-crypto-a-strudel-pays-rent-with-the-protocol-profits\/","title":{"rendered":"Only In Crypto: A Strudel Pays Rent With THE Protocol Profits"},"content":{"rendered":"<p>Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to make all-time highs against the ETH and USDT pairs.\u00a0<\/p>\n<p>In just 24 hours, THE Protocol trades at a 60% profit against Ethereum when large cryptocurrencies are beginning to show positive performance.\u00a0Across social media, THE Protocol is following the price, with many users speculating on its potential to resurrect the \u201cmeme coin movement.\u201d\u00a0<\/p>\n<p>THE\u2019s price is rallying on the 1-hour chart. Source:<a href=\"https:\/\/www.tradingview.com\/chart\/V5Oz1QFY\/?symbol=UNISWAP%3ATHEWETH\" target=\"_blank\" rel=\"noopener\"> THEWETH Tradingview<\/a><br \/>\nTHE Protocol Origins, Why Is This Coin Rallying?<\/p>\n<p>The crypto community created this project in response to Vitalik Buterin, the inventor of Ethereum. Buterin joked about launching it to make \u201cshills\u201d more effective.\u00a0<\/p>\n<p>Via Twitter, Vitalik Buterin posted the following message:\u00a0<\/p>\n<p>Someone should make a project called \u201cTHE Protocol\u201d, so that their shills can say \u201cLook, soandso mentioned THE!\u201d pretty much any time anyone says anything.<\/p>\n<p>\u2014 vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1580981360499757056?ref_src=twsrc%5Etfw\">October 14, 2022<\/a>\u00a0<\/p>\n<p>The Tweet got hundreds of responses. THE Protocol was created after, indirectly supported by Buterin.\u00a0In a few days, the cryptocurrency was trending in Uniswap (UNI) and other Ethereum-based decentralized exchanges. Quickly, THE Protocol has begun winning support from the crypto community.\u00a0<\/p>\n<p>Users still remember 2021 when Dogecoin (DOGE), Shiba Inu (SHIB), and other meme coins took over the crypto top ten. At that time, early investors were able to turn a few hundred dollars into thousands.\u00a0<\/p>\n<p>Since then, Bitcoin and the crypto market have lost around 75% of their value. Now, THE Protocol appears with the promise of bringing back some of the lusters from the 2021 bull run.\u00a0<\/p>\n<p>THE holders have been swimming against the tide, scoring profits while Bitcoin and Ethereum trend sideways with no clear direction.\u00a0<\/p>\n<p>Vitalik Buterin Takes Blame For THE<\/p>\n<p>Across social media, crypto investors have been sharing their profits with THE Protocol spreading the word about potential future gains.\u00a0<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$THE<\/a> PROTOCOL JUST PAID MY RENT <a href=\"https:\/\/t.co\/NGPGPBKPId\">https:\/\/t.co\/NGPGPBKPId<\/a><\/p>\n<p>\u2014 strudel (@StrudelEth) <a href=\"https:\/\/twitter.com\/StrudelEth\/status\/1582184576889167873?ref_src=twsrc%5Etfw\">October 18, 2022<\/a>\u00a0<\/p>\n<p>Other prominent crypto personalities have been sharing THE on their social media platforms. These investors are lobbying to get THE listed on large exchange platforms.\u00a0<\/p>\n<p>If they succeed, THE Protocol might experience another SHIB-like or DOGE-like rally. A pseudonym user <a href=\"https:\/\/twitter.com\/JasonCryptoFTW\/status\/1582303673547620352?s=20&amp;t=2V2IH2wEncgadKap80LH1g\" target=\"_blank\" rel=\"noopener\">argued<\/a> the following about THE\u2019s potential to extend its bullish momentum:\u00a0<\/p>\n<p>Elon mentioned\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24FLOKI&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$FLOKI<\/a>\u00a0which sent it to $3.5B and\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$DOGE<\/a>\u00a0to $40B&gt;\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$THE<\/a>\u00a0is at 20M right now with Vitalik Buterin (Ethereum founder) engaging with\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$THE<\/a> tweets. This play is a no brainer and could run into billions mcap.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$THE<\/a> &gt; <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a><\/p>\n<p>I wouldn\u2019t be surprised it <a href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$THE<\/a> goes on a <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a> type of run. Faster than SHIB ever did.<\/p>\n<p>\u2014 JasonCryptoApe \uea00 (@JasonCryptoFTW) <a href=\"https:\/\/twitter.com\/JasonCryptoFTW\/status\/1582231252605681665?ref_src=twsrc%5Etfw\">October 18, 2022<\/a>\u00a0<\/p>\n<p>In the meantime, Vitalik Buterin acknowledged THE recent popularity. On his Twitter account, the inventor of Ethereum shared images about the token, <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1582081555333144577\" target=\"_blank\" rel=\"noopener\">saying<\/a>: \u201cok what have I done.\u201d\u00a0<\/p>\n<p>In time, investors will see if THE becomes a DOGE competitor or if the bear market forces it out of existence, pushing its market capitalization to zero. In crypto, this is an everyday occurrence.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to make all-time highs against the ETH and USDT pairs.\u00a0<\/p>\n<p>In just 24 hours, THE Protocol trades at a 60% profit against Ethereum when large cryptocurrencies are beginning to show positive performance.\u00a0Across social media, THE Protocol is following the price, with many users speculating on its potential to resurrect the \u201cmeme coin movement.\u201d\u00a0<\/p>\n<p>THE\u2019s price is rallying on the 1-hour chart. Source:<a href=\"https:\/\/www.tradingview.com\/chart\/V5Oz1QFY\/?symbol=UNISWAP%3ATHEWETH\" target=\"_blank\" rel=\"noopener\"> THEWETH Tradingview<\/a><br \/>\nTHE Protocol Origins, Why Is This Coin Rallying?<\/p>\n<p>The crypto community created this project in response to Vitalik Buterin, the inventor of Ethereum. Buterin joked about launching it to make \u201cshills\u201d more effective.\u00a0<\/p>\n<p>Via Twitter, Vitalik Buterin posted the following message:\u00a0<\/p>\n<p>Someone should make a project called \u201cTHE Protocol\u201d, so that their shills can say \u201cLook, soandso mentioned THE!\u201d pretty much any time anyone says anything.<\/p>\n<p>\u2014 vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1580981360499757056?ref_src=twsrc%5Etfw\">October 14, 2022<\/a>\u00a0<\/p>\n<p>The Tweet got hundreds of responses. THE Protocol was created after, indirectly supported by Buterin.\u00a0In a few days, the cryptocurrency was trending in Uniswap (UNI) and other Ethereum-based decentralized exchanges. Quickly, THE Protocol has begun winning support from the crypto community.\u00a0<\/p>\n<p>Users still remember 2021 when Dogecoin (DOGE), Shiba Inu (SHIB), and other meme coins took over the crypto top ten. At that time, early investors were able to turn a few hundred dollars into thousands.\u00a0<\/p>\n<p>Since then, Bitcoin and the crypto market have lost around 75% of their value. Now, THE Protocol appears with the promise of bringing back some of the lusters from the 2021 bull run.\u00a0<\/p>\n<p>THE holders have been swimming against the tide, scoring profits while Bitcoin and Ethereum trend sideways with no clear direction.\u00a0<\/p>\n<p>Vitalik Buterin Takes Blame For THE<\/p>\n<p>Across social media, crypto investors have been sharing their profits with THE Protocol spreading the word about potential future gains.\u00a0<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$THE<\/a> PROTOCOL JUST PAID MY RENT <a href=\"https:\/\/t.co\/NGPGPBKPId\">https:\/\/t.co\/NGPGPBKPId<\/a><\/p>\n<p>\u2014 strudel (@StrudelEth) <a href=\"https:\/\/twitter.com\/StrudelEth\/status\/1582184576889167873?ref_src=twsrc%5Etfw\">October 18, 2022<\/a>\u00a0<\/p>\n<p>Other prominent crypto personalities have been sharing THE on their social media platforms. These investors are lobbying to get THE listed on large exchange platforms.\u00a0<\/p>\n<p>If they succeed, THE Protocol might experience another SHIB-like or DOGE-like rally. A pseudonym user <a href=\"https:\/\/twitter.com\/JasonCryptoFTW\/status\/1582303673547620352?s=20&amp;t=2V2IH2wEncgadKap80LH1g\" target=\"_blank\" rel=\"noopener\">argued<\/a> the following about THE\u2019s potential to extend its bullish momentum:\u00a0<\/p>\n<p>Elon mentioned\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24FLOKI&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$FLOKI<\/a>\u00a0which sent it to $3.5B and\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$DOGE<\/a>\u00a0to $40B&gt;\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$THE<\/a>\u00a0is at 20M right now with Vitalik Buterin (Ethereum founder) engaging with\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">$THE<\/a> tweets. This play is a no brainer and could run into billions mcap.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$THE<\/a> &gt; <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a><\/p>\n<p>I wouldn\u2019t be surprised it <a href=\"https:\/\/twitter.com\/search?q=%24THE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$THE<\/a> goes on a <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a> type of run. Faster than SHIB ever did.<\/p>\n<p>\u2014 JasonCryptoApe \uea00 (@JasonCryptoFTW) <a href=\"https:\/\/twitter.com\/JasonCryptoFTW\/status\/1582231252605681665?ref_src=twsrc%5Etfw\">October 18, 2022<\/a>\u00a0<\/p>\n<p>In the meantime, Vitalik Buterin acknowledged THE recent popularity. On his Twitter account, the inventor of Ethereum shared images about the token, <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1582081555333144577\" target=\"_blank\" rel=\"noopener\">saying<\/a>: \u201cok what have I done.\u201d\u00a0<\/p>\n<p>In time, investors will see if THE becomes a DOGE competitor or if the bear market forces it out of existence, pushing its market capitalization to zero. In crypto, this is an everyday occurrence.\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-10025","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/10025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=10025"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/10025\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=10025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=10025"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=10025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}