Cryptocurrency News
The token generation platform, Pump.fun, has reached an impressive milestone, creating a record 3 million tokens. Since its launch, token creation has averaged seven new tokens per minute, underscoring the platform’s popularity and the relentless activity on Solana. Within just the past five days, Pump.fun’s transaction fee revenue surged, resulting […]
The crypto community is gearing up for the upcoming release of 92.65 million $ARB tokens on November 16, 2024. Valued at approximately $48.5 million, these tokens will be distributed to Arbitrum’s team, advisors, and investors, marking a significant event for the project. This release follows a much larger distribution earlier […]
In the cryptocurrency space, each project has a distinct approach to token distribution, reserves, and investor relations. By examining the tokenomics of $TIA, $SUI, $ARB, and $OP, we can better understand how these projects aim to create sustainable ecosystems and manage circulating supply effectively. Unlocked Allocation Each project uses unlocked […]
In the world of cryptocurrencies, the relationship between unlocked tokens and circulating supply can often vary significantly, influencing market dynamics and investor perceptions. While circulating supply is a standard metric, it doesn’t always directly correlate with the percentage of tokens unlocked as outlined in project whitepapers. Let’s examine several notable […]
Ethereum’s Layer 2 (L2) ecosystem is experiencing explosive growth, with Base and Arbitrum One emerging as the top contenders, boasting over 1.5 million active addresses combined. Base, in particular, has seen a remarkable rise in 2024, with active addresses skyrocketing from near zero to 1 million in just nine months. […]
In the ever-evolving world of cryptocurrency, understanding token supply trends is crucial for making informed investment decisions. Our analysis delves into the tokens that have experienced the most significant supply increases over the past month and year, as well as those poised for substantial growth in the coming weeks. Recent […]
Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test […]
Posting a notable gain in a week, Kaspa is trading back at the top after scaling through several key resistance levels in the past months. It is on the verge of breaking up again as the buyers gain more control. KAS has shown signs of strength on the macro level […]
Amid recent market recovery, Akash’s AKT landscape has briefly changed to bullish following an impressive gain since yesterday. While the market sentiment remains bearish, we may see a continuation of the supply level increases. During the last leg down, AKT lost the vital $3 level following a steady meltdown since […]
Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]
In the ongoing 24th burn event, OKEx’s OKB Buy-Back and Burn wallet has received 5.73 million OKB tokens, valued at approximately $259 million, in the past two hours. Since May 15, 2019, the OKX team has repurchased a total of 97.92 million OKB, now worth $4.42 billion, conducting these burns […]
DWF Labs, a prominent player in the cryptocurrency space, made waves recently with a significant deposit of $TOKEN to Gate, totaling $1.2 million. This move comes on the heels of a month-long surge in token transfers to the exchange, with a total of 25 million tokens, valued at $3.52 million, […]
Ethena (ENA) has seen a significant price surge today, climbing 20% with a 24-hour trading volume increase of 242%, pushing the token’s price towards the $0.90 mark. This impressive rise highlights the growing interest and trading activity around ENA. On-chain reports from Spotonchain reveal that a multisignature wallet linked to […]
Amid the resurgence of Real-World Assets (RWA) and the Tokenfi trend, DWF Labs has made a significant move by depositing 3 million TOKEN ($322K) to Gate.io at $0.107 per TOKEN. This transaction highlights DWF Labs’ strategic engagement with the TOKEN ecosystem. Notably, DWF Labs received 120 million TOKEN from two […]
Render Token, an Ethereum-based distributed GPU rendering token, faced a sharp decline of 11% in its value today, marking a significant downturn in its price. This drop comes amidst a period of volatility in the cryptocurrency market, with investors closely monitoring developments within the ecosystem. According to data from Spotonchain, […]
Despite the prevailing bearish sentiment in the cryptocurrency market today, Frontier $FRONT, the decentralized finance aggregator, has emerged as a standout performer, boasting a remarkable 112% gain over the past 7 days. At the time of writing, FRONT is up by an additional 8%, demonstrating its resilience in the face […]
Celsius Network has made a significant move by burning a substantial portion of its CEL tokens, totaling 652.2 million CEL, equivalent to $85.75 million. This action represents a staggering 93.7% of the total CEL supply, effectively reducing the current total supply to 40.6 million CEL, as reported by CoinGecko. Following […]
Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong […]