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The investor invested 250 and received more than 1 million The investor invested 250 and received more than 1 million

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The investor invested $250 and received more than $1 million in a few days. But it is not yet known whether he will be able to sell the purchased PEPE tokens

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A few days ago, a crypto investor exchanged 0.125 ETH, then worth $250, for 5.9 trillion PEPE tokens. Yesterday, these tokens were worth $1.02 million.

Although the next memecoin investor currently owns $1.02 million worth of PEPE tokens, a closer look makes it clear that there is a difference between asset valuation “on paper” and real money.

“With 5.9 trillion PEPE tokens in their portfolio, it will take 46,200 years to liquidate these assets, assuming demand doesn’t drop,” said Grzegorz Drozdz, market analyst at Conotoxia Ltd. “Any attempt to quickly get out of a position could cause the price to drop even below the buy level.”

The investor invested $250 and received more than $1 million in a few days. But it is not yet known whether he will be able to sell the purchased PEPE tokens

Image: Pepe the Frog, by Matt Furie

Drozdz compared the situation to “billionaires who want to monetize their wealth,” noting that “an attempt to sell their savings can lead to a fall in the price of the respective shares.”

Previously, Gurgavin Chandhok created a memcoin called Pump Coin that skyrocketed to $4.8 billion in market capitalization while owning “99%” of the tokens. However, due to lack of market demand, Gurgavin Chandhok was unable to sell the coins.

The Pepe the Frog-themed PEPE memcoin has skyrocketed in recent days after its creators called it “the most memorable memcoin in existence.” Memcoins also include the popular cryptocurrencies Dogecoin and Shiba Inu.

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Huang approves: after the publication of “incomprehensible” forecasts and the rise in shares, Nvidia is about to enter the club of trillionaires – the first among chipmakers

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Huang approves after the publication of incomprehensible forecasts and the

Nvidia is about to hit the $1 trillion mark, making it the first U.S. chipmaker to join the elite club of such companies.

After an excellent report, Nvidia shares soared in price. As of May 25, 2023, capitalization has grown to $940 billion. The company took 5th place in the list of the most expensive in the US public market and almost entered the club of trillionaires, which includes Apple, Microsoft, Alphabet and Amazon. Today, the capitalization is already 963 billion dollars.

Huang approves: after the publication of

Nvidia President and Co-Founder Jensen Huang

Nvidia stunned investors last week with a earnings forecast that beat analysts’ expectations by more than 50%. Wall Street analysts called Nvidia’s forecast “incomprehensible” and “cosmic”, raising their price targets en masse. The highest price target valued the company at around $1.6 trillion, in line with Alphabet, Google’s parent company.

Nvidia shares rose about 25% last week, sparking a rally in AI-related stocks and supporting other chip makers.

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NASA’s Ingenuity helicopter survives a blackout on Mars

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NASAs Ingenuity helicopter survives a blackout on Mars

NASA has reestablished contact with its Ingenuity helicopter on Mars.

NASA's Ingenuity helicopter survives a blackout on Mars

The team’s chief engineer, Travis Brown, explained that radio contact was lost for six Martian sols — just under six days and six hours — after Ingenuity’s 49th flight.

According to the expert, disconnection was not initially a serious problem. The helicopter switched into and out of night survival mode, which made it difficult to contact daily from the 685th sol and communication interruption for a day or two did not bother the team. However, after the Perseverance rover went to a more favorable place for communication, the Ingenuity helicopter could not be found, which already worried the mission team.

Brown emphasized:

In more than 700 sols of helicopter operation on Mars, we have never experienced a complete radio outage. Even in the worst conditions, we have always seen signs of activity.

However, with the advent of sol 761 and the next day, the team received a response from the helicopter, and then “disappeared from the line” again. The mission team realized that the problems were due to the ridge separating the rover and helicopter, and Perseverance moved to the next location to fix them.

NASA's Ingenuity helicopter survives a blackout on Mars

However, for the safety of the rover’s movements through the narrow channels of the dry river delta in Lake Crater, it is imperative that Ingenuity fly ahead and conduct checks. The team from Earth was able to upload the flight plan to Ingenuity. Brown said:

It would be an understatement to say that the helicopter crew was relieved to see the successful telemetry of the 763 Martian day link flight the next morning.

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Is Dimensity 9300 Enough Power for PC? MediaTek confirmed the use of Cortex-X4 and Cortex-A720 cores, but did not mention small cores

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Is Dimensity 9300 Enough Power for PC MediaTek confirmed the

It looks like the Dimensity 9300 single-chip system will be incredibly powerful. Perhaps, already at the start, it will easily overtake even the Snapdragon 8 Gen 3. MediaTek has confirmed that its new solution will use the Cortex-X4 cores that were introduced yesterday.

Is Dimensity 9300 Enough Power for PC?  MediaTek confirmed the use of Cortex-X4 and Cortex-A720 cores, but did not mention small cores

In addition, the configuration of the new SoC will include Cortex-A720 cores and Immortalis-G720 GPUs. It is important to note that MediaTek did not mention anything about the small cores of the Cortex-A520 or any other. And some time ago, an insider Digital Chat Station reported that Dimensity 9300 will receive four Cortex-X4 cores and four Cortex-A720. That is, apparently, the new platform will not have small cores at all. Of course, it’s too early to talk about this confidently, but so far MediaTek’s statement indirectly confirms the rumors.

Recall that Snapdragon 8 Gen 3, according to available data, will have a configuration of 1 + 5 + 2, that is, there will be only one super-core, and there will be two small cores. This configuration is unlikely to compete with the 4 + 4 of the Dimensity 9300.

It also becomes clear from MediaTek’s statement that at least the company’s upcoming top platform will not receive an Nvidia GPU. Such rumors have already appeared twice on the Web, yesterday the companies confirmed them, but so far this only applies to automotive platforms.

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