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Today, Mantle (MNT), the native currency of the Ethereum Layer-2 network, experienced an impressive surge, reaching a record high of $0.949, according to data from Coinmarketcap. The primary driver behind this notable price increase is the growing awareness of the Ethereum Layer-2 ecosystem and the various applications offered by Mantle. Functioning as an L2 scalability … Read more
In the realm of cryptocurrency investments, the spotlight has shifted from AI-driven assets to the booming sector of Decentralized Finance (DeFi). With Uniswap’s recent proposal to reward staked and delegated token holders, tokens like $UNI, $COMP, $SUSHI, and $AAVE have witnessed significant increases in their value. 💸 #DeFi has taken some of the spotlight from … Read more
The CRV token has maintained a relatively stable position throughout the trading week, despite the broader cryptocurrency market experiencing a slight downturn. Trading within a narrow range between $0.574 and $0.511, CRV has seen minimal fluctuations, recording a marginal 1% gain over the week while experiencing a slight 0.5% loss today. Insights from on-chain reports … Read more
The conclusion of the token distribution phase for Polygon’s cryptocurrency, MATIC, marks a significant milestone and potentially signals the beginning of a new phase of growth for the asset. Today, approximately 273 million MATIC tokens, valued at around US$253 million, were transferred from the Matic vesting contract to the Matic Foundation address, effectively completing Matic’s … Read more
The ERC404 token Pandora, which initially captured significant attention with a remarkable 300% surge in value over the span of a month, faced a setback in its price trajectory but is now attracting investors once again. Following a recent decline in its price, which resulted in a 30% loss over the past 7 days, on-chain … Read more
DWF Labs, a prominent player in the cryptocurrency market-making sphere, continues to draw industry attention with its ongoing investments in altcoins. The latest development from DWF Labs involves a significant 7-figure strategic investment in the cryptocurrency Altcoin, PROM, signaling confidence and interest in the project’s potential. We are thrilled to announce our latest strategic 7-figure … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, surged close to the $3000 mark in the last 24 hours, peaking at $2983. On-chain reports reveal a trend of significant accumulation among Ethereum whales, indicating growing interest and confidence in the digital asset. According to on-chain data, Galaxy Digital, a prominent player in the cryptocurrency space, withdrew … Read more
Since the resurgence of the markets in mid-October 2023, numerous cryptocurrency assets have witnessed substantial profits, aligning with the average trade returns. This trend has predominantly favored wallets over a medium to long term horizon, signaling widespread profitability across various projects. 🧮 Based on average trading returns, many assets have seen understandably high profits since … Read more
The BONE token, a pivotal governance asset within the Shibarium ecosystem, is poised for a significant transformation with the anticipated integration of dynamic staking on Layer 2, mirroring Ethereum’s acclaimed Lido Protocol. In an unexpected turn of events, the value of BONE has skyrocketed by an astonishing 8000%. Insights gleaned from Shibarium scan data reveal … Read more
In recent developments within the cryptocurrency market, $CRV, the native token of the decentralized autonomous organization Curve DAO, has experienced a decline of nearly 4% over the past 24 hours. According to insights gleaned from on-chain reports by Lookonchain, a wallet associated with Michael Egorov, the esteemed founder of Curve.fi, has initiated a noteworthy transaction. … Read more
