The token of the Pyth Network project (PYTH) was among the growth leaders, gaining 20% in price. According to data from CoinMarketCap, PYTH has risen 20.4% in the past 24 hours, reaching $0.49 when writing. At the same time, token trading volumes showed explosive growth, increasing by 158% to $204.2 million. Source: CoinMarketCap Year-to-date, PYTH has grown steadily, gaining over 43% in just one month. The latest sharp jump in the PYTH rate is happening amid the announcement of the Binance crypto exchange about its upcoming listing. According to the…
Tag: Token
ZetaChain’s token surges by 64% amid crypto market decline
The price of the ZetaChain project token, an EVM-compatible layer-1 blockchain, soared after listing on the largest centralized exchanges (CEX). According to CoinMarketCap data, over the past 24 hours, the token price was $0.9042, or 64% more than the previous day. Also, on Feb. 1, the coin reached an all-time high of $1.21 after the announcement of listing on leading CEXs, including Bitfinex, OKX, and others. Trading volumes for the token have skyrocketed, reaching over $60 million in the last 24 hours. ZetaChain price | Source: CoinMarketCap In August 2023,…
CoinDesk Mothballs DESK Reward Token Program
These users began transferring large amounts of DESK to “collector” wallets on-chain. Even though our terms of service prohibited trading DESK, a secondary market nevertheless emerged where people were trading it, thus assigning it a value which we never intended it to have. DESK became a tool that we no longer fully controlled. This is a risk with blockchain and decentralization. Ultimately we made the determination that the product, as built, wasn’t serving us and our community effectively. Source
DEFI Token Hits Seven Major Exchanges – A Milestone Achievement
January 30, 2024 – Dubai, United Arab Emirates DEFI token secures listings on the seven most popular crypto exchanges, including ByBit, KuCoin, Gate, MEXC, Bitget and Bitmart. Trading will start on January 31, 2024. De.Fi, the largest Web 3.0 super-app, excelled with the most prominent public sale in 2023, raising a staggering $17 million. Today, the team unveiled the thrilling news to their dedicated community. The highly anticipated DEFI token is set to make its debut on seven top-tier exchanges, including ByBit, KuCoin, Gate, MEXC, Bitget and Bitmart. The listing event…
Jupiter’s JUP Token Soars After Massive $700M Airdrop to Solana Wallets
Right at the beginning of the airdrop, when the launch pool on Meteora was just finding its footing, an trading bot known as roobot.sol paid validators a $50,000 tip to process its monster $625,000 trade: 1.56 million JUP at around $0.42 apiece, said Andrew Thurman, a contributor to the Jito Foundation. Source
SOL DEX Jupiter’s JUP Token to Debut With 1.35B Circulating Supply
Of the initial circulating supply of 1.35 billion, 1 billion coins are for airdrops, 50 million each for loans to market makers on centralized exchanges and liquidity pool needs, and 250 million for a launch pool. Airdrop refers to crypto projects distributing free new or existing tokens en masse to their communities to boost adoption. Source
Solana's WEN Token Plummets Despite Burning 27% of Supply
The burn turned out to be a “sell the news event” as traders had already accounted for the purge – and then some. Source
Unibot Boosts Token Value With Solana Ecosystem Draw
On-chain data shows Unibot has garnered 11,700 ether (ETH) in fees since the platform went live in May, paying out a portion of this straight to token holders. Users have also steadily increased, reaching 41,000 on Monday compared to just over 2,000 at the end of last June. Source
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
“Because we aggregate and standardize AML information, we can provide a comprehensive view of web3 wallets that meets the standards expected of compliance officers, as well as users seeking a holistic understanding of their digital asset portfolios.,” said Karim Chaib, CEO of Web3Intelligence. Source
Token Riding on Bitcoin Layer 2 Hype Faces Insider Trading Controversy
SatoshiVM has seemingly included most of the trendy buzzwords in defining its protocol. It claims to be a Bitcoin layer 2 protocol powered by zero-knowledge rollup technology – a string of terms that, together, can be thought of as a network that settles transactions on Bitcoin without having to share extra data with network validators. Original