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Have you ever tried explaining crypto to your parents? 🤯

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Proof of Stake (POS) uses randomly selected miners to validate transactions. Proof of Work (POW) uses a competitive validation method to confirm transactions and add new blocks to the blockchain.

While proof of work is the most well-known blockchain consensus model, alternative consensus models like proof of stake might be more efficient since they can increase security, reduce energy use, and allow networks to more effectively scale.

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Luna's downfall started over the weekend when its sister token UST, which is a stablecoin, de-pegged from its $1 value after big investors started dumping millions of dollars' worth of UST over the weekend. A stablecoin is usually linked to an underlying asset such as the US dollar or a precious metal such as gold.

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APE is a token made to support what's next, controlled, and built on by the community.

The token has a market value of about $3.8 billion.

The price of Ape Coin has jumped around 50% in the last 14 days. It is also one of the topmost trending cryptos in the last few weeks, according to data on CoinGecko and CoinMarketCap.