Its +2% bid depth also remains comparatively narrow, according to CoinGecko data, when compared with other tokens of a similar market cap. In a recent column, Kaiko’s director of research, Clara Medalie, pointed out that the lack of 2% bid depth was a major red flag for FTX’s FTT token.
Related posts
-
Trump Social Media Firm In Talks To Expand Into Crypto With Bakkt Acquisition
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five... -
2024 Sees Global Crypto Love Surge Nearly 40%
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s... -
Bitwise: US Bitcoin Reserve Speculations Propel Crypto Market Gains
Recent findings from Bitwise’s Weekly Crypto Market Compass for Week 47, 2024, reveal an upbeat trajectory...