EigenLayer’s native token (EIGEN) is now transferrable and has been trading at a fully diluted value of TK TK TK on perpetual exchange Hyperliquid. Source
EigenLayer's EIGEN Token Debuts at $6.51B FDV
Tag: Token
SUI Sees 15% Weekly Surge Ahead Of October Token Unlock
Este artículo también está disponible en español. SUI has seen a 15% surge in the past week following its remarkable price action throughout Q3. The cryptocurrency’s performance continues to fuel investors’ sentiment, but some believe the upcoming unlock event could hinder its rally toward a new all-time high (ATH) next quarter. Related Reading From ‘SUIptember’ To ‘Uptober’ In the past three months, SUI’s price surged 114%, moving from the $0.8 mark to the $1.75 price range. The cryptocurrency was among the best performers throughout Q3, registering green numbers while most…
TON-Based Hamster Kombat Token Plummets 42% in 3 Days
On Sunday, Sept. 29, 2024, market data revealed that the TON-powered crypto asset, hamster kombat (HMSTR), experienced a 14% drop against the U.S. dollar over the last day, just three days after its market debut. Initially trading at $0.009993 per token when it first hit major exchanges, HMSTR has since lost over 42% of its […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week
According to recent data, the Solana-powered meme token moo deng (MOODENG) has jumped 98% in the past 24 hours and shot up a stunning 1,398% over the last week. With this massive boost, the meme token has claimed the top spot as the day’s biggest winner, boasting a global trade volume of $147 million in […] Source CryptoX Portal
Celestia’s TIA Posts Biggest Monthly Gain This Year Even as Impending $1.13B Token Unlock Spurs Hedging
The bias for shorts, likely stemming from the hedging activity, might have led to a “short squeeze,” contributing to the TIA rally. A short squeeze happens when the asset price remains resilient, contrary to expectations, forcing bears to close their positions, which are bets that an asset will drop. That, in turn, puts upward pressure on prices. Source
Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares
Este artículo también está disponible en español. Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling to see a significant value proposition in its native ETH token. Related Reading Since its inception in July 2015, Ethereum has made big strides as it has continually…
Worldcoin launches in three more countries; WLD token spikes
Worldcoin rose for the third consecutive day after developers expanded their product launches to more countries. Worldcoin launches in more countries Worldcoin (WLD) retested the important resistance level at $2, its highest point since Aug. 2. The token has surged by over 54% from its lowest level in August. In a statement, the developers announced they had launched World ID in Guatemala, Malaysia, and Poland. In addition to these countries, Worldcoin is available in places like Argentina, Chile, Austria, Mexico, and the United States. According to its website, the developers…
DeFi Protocol Cega Debuts Vault Token Market to Facilitate Seamless Investing
Each vault runs the strategy for 27 days, beginning every Wednesday at 1:00 UTC, simplifying the investment process. For issuers, however, that means their USDC is locked into the vault for 27 days, keeping them from accessing their funds. The liquidity barrier limits users’ ability to react to changing market conditions and meet financial needs. Source
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
The startup’s runaway success this year has been a sore point for Kalshi, a regulated, dollar-denominated prediction market that’s been fighting a protracted court battle with its supervisor, the U.S. Commodity Futures Trading Commission, so it can list contracts on which party will control each house of Congress. The agency has been considering a proposed rule that would ban election event contracts at all the exchanges on its watch, which would push regulation of such activity to the states. Source
‘Worst Airdrop in History’: Hamster Kombat to Reach 131M Users Amid Token Allocation Criticism
Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the allocation of these tokens, with many stating that their efforts were not rewarded accordingly. Hamster […] Source CryptoX Portal