Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed.

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Market cap and token price are fundamental indicators of a cryptocurrency’s value, yet they can behave differently under various market conditions. Understanding this relationship is crucial for making informed decisions in the crypto space. Rising Market Cap Despite Falling Token Prices At first glance, it might seem contradictory for a market cap to rise while token prices are near all-time lows. However, this scenario often unfolds due to changes in the circulating supply and broader market trends. Let’s explore two common situations where this occurs: 1. Increased Circulating Supply Token unlocks, a common feature in many crypto projects, can increase

The post Understanding The Relationship Between Market Cap And Token Price: A Closer Look appeared first on The Merkle News.

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The Canto blockchain has gone down again after briefly resuming. The team is currently working on a fix for the newly emerged issue.

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