As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP token has recorded a notable increase of 242.9% in a month and 17.9% in a week, while the Biden-inspired BODEN token surged by […]
As the cryptocurrency market swells to a valuation of $ 2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $ 100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $ 300K to $ 100 Billion: Tether’s …
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $ 34.32 billion, only to soar to $ 61.59 billion today. From …
In a powerful demonstration of resilience, bitcoin’s value climbed past the $ 65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $ 61,769. This climb is supported by a robust trade volume of $ 42.41 billion and a market capitalization of $ 1.276 trillion, …
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $ 80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a …