#BTCNextMove Analysts predict a strong launch for Wall Street Pepe, a new meme coin aimed at small traders. by I.P. The success of pre-sale meme coins like Pepe Unchained has shown that the PEPE-themed cryptocurrency market still has great potential. What do you think ? Answer me
The top 10 NFT collections by market cap are calculated based on the total value of all the NFTs within a collection. Here’s a breakdown of how this is typically done:
Determine the Total Supply
The total number of NFTs in the collection is considered. This is typically a fixed number for most collections but may vary with some dynamic projects.
Find the Floor Price
The floor price is the lowest price at which an NFT in the collection is currently listed for sale on the market. This is often used as the baseline value for the NFTs in the collection.
Calculate the Market Cap
The market cap of a collection is calculated using the formula:
Market Cap = Floor Price × Total Supply
This gives an approximate valuation of the entire collection based on the minimum entry price.
Adjust for Rarity and Sales Data (Optional)
Some platforms may refine the calculation by incorporating average sale price or rarity-weighted values, then considering the volume of recent sales, which reflects actual demand.#MarketCorrectionBuyOrHODL $BTC $XRP
According to BlockBeats, on December 19, Curve Finance founder Michael Egorov experienced a substantial liquidation of his on-chain loan position. The liquidation involved 918,830 CRV tokens, amounting to approximately $882,000. This development highlights the financial challenges faced by Egorov in managing his cryptocurrency holdings. The liquidation event underscores the volatility and risks associated with cryptocurrency lending and borrowing, particularly in the decentralized finance (DeFi) sector. As the market continues to fluctuate, such incidents serve as a reminder of the importance of risk management strategies for investors and platform operators alike. The liquidation of Egorov's position may have broader implications for the DeFi community, as it reflects the potential vulnerabilities within the ecosystem. Stakeholders in the DeFi space are likely to monitor the situation closely, assessing its impact on market dynamics and the stability of lending protocols. This event also raises questions about the sustainability of current lending practices and the need for enhanced safeguards to protect investors from similar occurrences in the future. As the DeFi landscape evolves, market participants must remain vigilant and adapt to the changing environment to mitigate risks and ensure#BinanceBlog #BTC
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Binance Сoin (BNB) is a cryptocurrency designed by the Binance exchange of the same name. Based on the ERC-20 standard, Binance Coin was created with the technologies offered by Ethereum. The capitalization of Binance Coin is one of the largest on the market, the largest if we consider only ERC-20 tokens. BNB was developed to become a trading instrument on the Binance exchange. Transactions with BNB are subsidized by the company itself, making this coin very attractive for use within the platform. Thanks to this successful strategy and the huge trading volumes of Binance, BNB has quickly become a very important part of the industry. The price of cryptocurrency is supported by the large number of companies that accept the coin as a form of payment.#BNBAnalysis #bnb #Ethererum #bnb $BNB $BNB
The market leader has made a significa t comeback, as Bitcoin has risen to a new all-time high of $106,000. Strong market fundamentals and increasing institutional interest have supported investor sentiment, as evidenced by this breakout, which highlights Bitcoin's ongoing momentum. #CryptoUsersHit18M #BNB #BNB
Good morning everyone… I am trying to evaluate some positions and I am monitoring a couple of cryptos, of medium low value. It is not easy to keep an overview of many of them but from the graphs you could make a bit of margin so that you can then reinvest in larger coins! What do you think? some of your advice. #MarketNewHype #BTC
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