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PayPal’s stablecoin, $PYUSD, has rapidly carved out a robust ecosystem on the Solana blockchain. In just a short period, it has been seamlessly integrated into the DeFi landscape and is now widely available across major decentralized exchanges (DEXs). Over the past month, $PYUSD has seen a remarkable 21% surge in market capitalization, propelling its total … Read more
After a 10-month period of inactivity, the cryptocurrency whale known as 0x4a2 (“dimethyltryptamine.eth”) has returned to the market. The whale recently swapped 10 billion PEPE tokens, valued at $112,000, for 32.73 ETH at a price of $0.0000112118 per token. This move is notable as 0x4a2 was among the earliest adopters of PEPE, having begun trading … Read more
Polkadot’s financial report for the first half of 2024 revealed expenditures of $87 million (11 million DOTs), with $37 million dedicated to marketing efforts. This substantial spending has drawn criticism from the community, who argue that the returns have not justified the costs. At the current rate of expenditure, Polkadot’s funds are projected to last … Read more
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP). Aave DAO … Read more
$CRV has emerged as a focal point for smart traders, currently positioned strategically within the market’s entry zone. It has garnered significant attention, securing a top-three spot in the “Accumulated by Smart Money” list over the past 24 hours, earning it the coveted “Gem of SDT” label. Several notable wallet addresses have contributed to this … Read more
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively … Read more
In the past 24 hours, a multi-sig wallet (0x22c), potentially associated with Starknet, transferred 2.5 million STRK tokens (approximately $1.74 million) to Binance, FlowTraders, and a new wallet (0x750). This follows a recent transaction in which the wallet received 5 million STRK tokens from Starknet’s team. Shortly after, 750,000 STRK were transferred to Wintermute. Within … Read more
$TRUTH has climbed to the top of the Hot Pairs list, boasting an inflow of $11.2 million. This surge in interest has attracted significant attention from influential investors. Meme Hunter 0x1df6 recently added $TRUTH to his investment portfolio. Just hours ago, this wallet purchased 211,000 $TRUTH tokens for $6,176 at a price of $0.03055 per … Read more
The Real World Asset (RWA) token $ONDO, known as the decentralized investment bank for DeFi, is currently facing bearish market trends, approaching the crucial $1 support level. Despite these challenges, market analysts foresee a potential reversal, with $ONDO poised to rise alongside Bitcoin ($BTC) in the next bull market cycle. $ONDO is not in a … Read more
$MKR has surged by 7% today, leading the list of tokens being accumulated by smart money over the past 24 hours. Notable investors have been taking action, indicating a bullish sentiment towards the token. One prominent wallet, 0x3737, known as “Thiswillmakeyouloveagain,” has been actively buying $MKR. In the past three hours alone, this wallet purchased … Read more
