A.small.digital.currency
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#A.small.digital.currency rises by more than 18 thousand% and outperforms #Solana
_AROUND THE WORLD - Over the weekend, decentralized exchanges (DEXs) on the #Solana.blockchain saw a significant spike in trading volumes, briefly surpassing Ethereum's daily trading volume. This rise was primarily driven by activity surrounding a new cryptocurrency, the Bonk token. The digital currency, whose symbol is #BONKUSD , rose by more than 18,000% during the year. The surge in trading volumes on Solana's DEXs has reached over $3 billion, a milestone that highlights the growing interest and activity in alternative blockchain ecosystems. The rise was significantly attributed to both Bonk token trades and USDC transactions .
Despite this increase in Solana, Ethereum quickly regained its position as the leader in daily DEX trading volumes. Ethereum maintains a significant presence in the decentralized finance (DeFi) sector, holding a 55% share of total value locked (TVL) across all platforms. The market response to Solana's interim leadership demonstrates the competitive and volatile nature of the cryptocurrency market. While Solana's DEXs have enjoyed a brief period of increased activity, investors and traders continue to closely monitor these developments as they indicate changing trends and movements within the DeFi space.
$ETH $SOL $BONK
#followforwldknowledge
_AROUND THE WORLD - Over the weekend, decentralized exchanges (DEXs) on the #Solana.blockchain saw a significant spike in trading volumes, briefly surpassing Ethereum's daily trading volume. This rise was primarily driven by activity surrounding a new cryptocurrency, the Bonk token. The digital currency, whose symbol is #BONKUSD , rose by more than 18,000% during the year. The surge in trading volumes on Solana's DEXs has reached over $3 billion, a milestone that highlights the growing interest and activity in alternative blockchain ecosystems. The rise was significantly attributed to both Bonk token trades and USDC transactions .
Despite this increase in Solana, Ethereum quickly regained its position as the leader in daily DEX trading volumes. Ethereum maintains a significant presence in the decentralized finance (DeFi) sector, holding a 55% share of total value locked (TVL) across all platforms. The market response to Solana's interim leadership demonstrates the competitive and volatile nature of the cryptocurrency market. While Solana's DEXs have enjoyed a brief period of increased activity, investors and traders continue to closely monitor these developments as they indicate changing trends and movements within the DeFi space.
$ETH $SOL $BONK
#followforwldknowledge
#A.small.digital.currency jumps by 50% in hours after an important announcement... and price fluctuations in the market.
_#Metis , the Metis network's native cryptocurrency, rose as much as 50% over the past 24 hours before giving up some gains as it announced a $330 million incentive program on Investor interest in the token and related projects. The price surge has increased its 30-day gains to more than 240%, according to data tracked by #Coingecko , as token trading volumes jumped to more than $50 million on Tuesday from just $2 million at the beginning of December.
_Metis is part of a set of protocols that allow users to transact on the Ethereum blockchain faster and for cheaper fees but with their own ecosystem projects and tools. Earlier this month, #MetisDAO , which Metis development, from the Ecosystem Development Fund (EDF) worth $4.6 million. The amount is worth more than $360 million as of Tuesday at current prices. Disbursement on the projects is expected to begin in the first quarter of 2024 after the release of the decentralized serializer ( Metis.
#follow To watch breaking news 🚀💯✅🤌
_#Metis , the Metis network's native cryptocurrency, rose as much as 50% over the past 24 hours before giving up some gains as it announced a $330 million incentive program on Investor interest in the token and related projects. The price surge has increased its 30-day gains to more than 240%, according to data tracked by #Coingecko , as token trading volumes jumped to more than $50 million on Tuesday from just $2 million at the beginning of December.
_Metis is part of a set of protocols that allow users to transact on the Ethereum blockchain faster and for cheaper fees but with their own ecosystem projects and tools. Earlier this month, #MetisDAO , which Metis development, from the Ecosystem Development Fund (EDF) worth $4.6 million. The amount is worth more than $360 million as of Tuesday at current prices. Disbursement on the projects is expected to begin in the first quarter of 2024 after the release of the decentralized serializer ( Metis.
#follow To watch breaking news 🚀💯✅🤌
