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Enron is back to launch crypto token focused on solving the energy crisis

The 'n in Enron now stands for 'nice' as memecoins erupt over company relaunch.

CryptoSlate

Dec 2

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Happy Monday!

Enron is making headlines again, this time with a bold plan to launch a crypto token aimed at addressing the global energy crisis. The infamous company, which once epitomized corporate scandal, is now pivoting towards sustainability and innovation in energy solutions, promising to leverage decentralized technology for a greener future. Meanwhile, the crypto community is buzzing with the emergence of memecoins inspired by Enron's revival, as its market cap surges amidst a wave of interest. In other news, WisdomTree has entered the race for a spot XRP ETF, coinciding with XRP's impressive market cap growth, now surpassing $135 billion and flipping Solana's position in the market. As South Korean traders drive demand, Ripple's XRP approaches Tether's USDT stablecoin in market capitalization, signaling a significant shift in the crypto landscape.

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The global crypto market cap is $3.46 trillion, with a 24-hour volume of $263.53 billion. The price of Bitcoin is $96,684.41, and BTC market dominance is 55.2%. The price of Ethereum is $3,646.79, and ETH market dominance is 12.7%. The best-performing sector is Filesharing, which gained 18%. The Crypto Fear & Greed Index is currently Greed (80).