Tag: Token

Crypto Token Unlocks To Cross $700 Million In February 2024, Here Are The Culprits

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February is set to be a hot point for crypto assets, with several cryptocurrencies set to release over $800 million worth of assets during the month. According to data from TokenUnlocks, 26 crypto projects are set to carry out token unlocks in February, potentially flooding the crypto market with almost $1 billion worth of crypto assets. Most of this liquidity is set to come from Avalanche (AVAX), with approximately $345 million worth of AVAX set to hit the market in the middle of February. February 2024 Set To See Massive…

Pyth Network token surges by 20% amid Binance listing

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…

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

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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…