Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers

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Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers
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Speculators are having fun with $gETH while at it. As of Monday, there’s already a non-fungible token (NFT) collection built on the Goerli network, as well as a Shiba Inu-themed Goerli Inu memecoin. By shauryamalwa.

that nearly a million dollars worth of gETH was traded in the past 24 hours, with 3.79 million total gETH in circulation and 1,260 token holders at press time.

This prevents unintended damage that could potentially lead to monetary losses or a technology breakdown. LayerZero wanted to create a market that made it significantly easier for Ethereum developers to test and have access to ether on the Goerli testnet.

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