Altcoins

Auto Added by WPeMatico

Study Reveals Top Countries Fueling Meme Coin Interest in 2023

by

In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about meme-centered tokens. A fresh study from Coingecko reveals that a significant portion of meme coin fascination originates from the United States, India, and the U.K., encompassing over half of the top ten countries’ interest driving … Read more

Meme Coin PEPE’s Market Cap Surpasses $1B with 896% Surge Over the Past Week

by

As per the latest statistics recorded before the weekend, the meme token PEPE has witnessed a massive surge in value, following its recent listing on the crypto exchange Binance. In just seven days, the crypto asset has skyrocketed by 896% against the U.S. dollar, making it the third-largest meme token in terms of market valuation. … Read more

VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High

by

A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but … Read more

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

by

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four … Read more

Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors

by

In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. … Read more

New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap

by

A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called Pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset in terms of market capitalization, valued at just over $130 million. … Read more

Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction

by

Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022. Tether Supply Is … Read more

Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations

by

According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations in the United States. ‘Lack of Regulatory Clarity’ in the U.S. … Read more

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

by

Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. … Read more

You have not selected any currencies to display