Bookmarking Crypto Insights
Auto Added by WPeMatico
Covalent ($CQT) has experienced a significant rebound, with its value surging by 25% in the past 24 hours and a 70% increase in trading volume. This uptick comes as Covalent announces a pivotal Governance Proposal to transition from $CQT to $CXT tokens. The Governance Proposal outlines several key changes: 1. Token Ticker Change: The proposal … Read more
This month, Trondao continues to lead the blockchain space in terms of daily active users, boasting over 1.9 million users. This impressive figure surpasses other notable blockchains such as Polygon (1.3 million), Ronin (980,000), Solana (974,000), and BNB Chain (751,000), cementing Tron’s position as a dominant player in the industry. This month, @trondao continues to … Read more
Avalanche has reported impressive growth in its Q2 2024 financial and network metrics, signaling strong performance and adoption. During this quarter, Avalanche’s fees and revenue totaled $3.5 million, reflecting the platform’s increasing utility and engagement. Meanwhile, AVAX trading volume surged to $42.5 billion, marking a remarkable 165% increase compared to the same period last year. … Read more
The Ethereum market witnessed a notable downturn with a 7% drop in the past 24 hours, prompting strategic moves from savvy traders and projects alike. Two prominent traders capitalized on the bearish trend by selling off a substantial amount of ETH, totaling 13,680 ETH, equivalent to approximately $41 million. One of these traders, smartestmoney.eth, deposited … Read more
Just two weeks ago, the crypto market was marked by extreme greed. Now, it’s gripped by fear. Just two weeks ago, the #crypto market was all about extreme greed. Now it’s gripped by fear. pic.twitter.com/0mwTGdaWkK — Ali (@ali_charts) July 5, 2024 This week, nearly 30,000 BTC, valued at $1.73 billion, entered exchanges, suggesting panic selling … Read more
Despite the broader market downturns, Polkadot’s ecosystem continues to show robust growth and resilience. In June, the number of transactions on the network surged by 33%, reaching 16 million. The total number of unique addresses has now surpassed 7 million, highlighting the expanding user base and increased network activity. Polkadot’s treasury currently holds an impressive … Read more
The cryptocurrency markets have continued to bleed, with social media now showing historic levels of Fear, Uncertainty, and Doubt (FUD). It’s rare for an hour to pass without more mentions of “sell” than “buy” across crypto forums. In the past 24 hours alone, there have been several instances of this, including the highest ratio of … Read more
In a significant move, address 0x64C…cA655 received 70 million $GMT tokens, valued at $10.23 million, just 20 minutes ago. This address is believed to belong to an early investor or participant in the $GMT project. Seven months prior, this same address received 100 million $GMT, worth $28.01 million, from the same sender. Notably, all of … Read more
As of July 1, 2024, data from @IntotheBlock reveals that $GMX is leading the Total Value Locked (TVL) category among derivative protocols with an impressive $517.97 million. Following $GMX, Synthetix holds $453.80 million, and dYdX comes in third with $308.82 million in TVL. Emerging protocols are also showing significant growth. Vertex Protocol boasts a TVL … Read more
The Aero Protocol token ($AERO) is leading the pack in the Base Ecosystem with an impressive 106,972 unique holders as of July 2, 2024, showcasing its widespread popularity and growth. This marks a significant increase from 87,503 holders on June 11, 2024, indicating a surge in interest and positive market sentiment. https://twitter.com/C__thumbs/status/1808531996634689844?t=KbLnPq1mQzImRhcoZdS2wg&s=19 The spike in … Read more