Binance Square
LIVE
LIVE
CryptoFeed_News
Bikovsko
--1.2k views
#Write2earn BNB Chain Ecosystem Tokens See Surge in Trading Volumes Led by FLOKI #BnbAth #BNB #BNBchain #FLOKI $BNB $FLOKI In the past 24 hours, trading volumes of tokens within the BNB Chain ecosystem have more than doubled, with meme coin FLOKI leading the gains among larger tokens. Significant Activity on BNB Chain The BNB Chain ecosystem has seen a significant boost in activity, token prices, and trading volumes as BNB surged to a record high above $710. According to CoinGecko, BNB Chain-based token trading volumes rose by 124%. FLOKI increased by over 25%, and PancakeSwap’s CAKE token jumped by 15%. Smaller Cap Projects Shine Smaller projects also showed impressive gains. Sensi’s SENSI token saw a 900% price increase, with trading volumes climbing from $14,000 on Monday to $100,000 by Wednesday morning. Increase in Total Value Locked and Inflows The total value locked (TVL) in BNB ecosystem projects increased by nearly 8%, led by PancakeSwap and Venus, with net inflows topping $2.4 million. Factors Driving BNB’s Price Surge Market observers cite several factors for BNB’s price increase, including token burns and lock initiatives. Nearly $400,000 worth of tokens were burned in the past seven days, contributing to the price surge. BNB Chain’s Potential Highlighted A Floki developer praised BNB Chain's strengths, noting its speed, scalability, and widespread use, especially outside the Western world. "BNB Chain is fast, scalable, and arguably the most used chain by the majority of the non-Western world," the developer stated. BNB Chain, originally developed as Binance Smart Chain, continues to be supported by Binance for its development and funding.

#Write2earn

BNB Chain Ecosystem Tokens See Surge in Trading Volumes Led by FLOKI

#BnbAth #BNB #BNBchain #FLOKI
$BNB $FLOKI



In the past 24 hours, trading volumes of tokens within the BNB Chain ecosystem have more than doubled, with meme coin FLOKI leading the gains among larger tokens.

Significant Activity on BNB Chain
The BNB Chain ecosystem has seen a significant boost in activity, token prices, and trading volumes as BNB surged to a record high above $710. According to CoinGecko, BNB Chain-based token trading volumes rose by 124%. FLOKI increased by over 25%, and PancakeSwap’s CAKE token jumped by 15%.

Smaller Cap Projects Shine
Smaller projects also showed impressive gains. Sensi’s SENSI token saw a 900% price increase, with trading volumes climbing from $14,000 on Monday to $100,000 by Wednesday morning.

Increase in Total Value Locked and Inflows
The total value locked (TVL) in BNB ecosystem projects increased by nearly 8%, led by PancakeSwap and Venus, with net inflows topping $2.4 million.

Factors Driving BNB’s Price Surge
Market observers cite several factors for BNB’s price increase, including token burns and lock initiatives. Nearly $400,000 worth of tokens were burned in the past seven days, contributing to the price surge.

BNB Chain’s Potential Highlighted
A Floki developer praised BNB Chain's strengths, noting its speed, scalability, and widespread use, especially outside the Western world. "BNB Chain is fast, scalable, and arguably the most used chain by the majority of the non-Western world," the developer stated.

BNB Chain, originally developed as Binance Smart Chain, continues to be supported by Binance for its development and funding.



Izjava o omejitvi odgovornosti: vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino. Glejte Pogoje.
0
Odgovori 5
Raziščite najnovejše novice o kriptovalutah
⚡️ Sodelujte v najnovejših razpravah o kriptovalutah
💬 Sodelujte z najljubšimi ustvarjalci
👍 Uživajte v vsebini, ki vas zanima
E-naslov/telefonska številka
Ustrezen ustvarjalec
LIVE
@cryptofeed_news

Raziščite več o ustvarjalcu

--
#Write2earn Meme Tokens Plummet as GameStop Stock Faces Sharp Decline $DOGE $gme $FLOKI $SHIB #catThemedMeme #Memecoin #Gamestop #TheRoaringKitty In the past 24 hours, a Solana-based meme token parodying the GameStop (GME) company has dropped by 25%, reflecting broader declines among meme tokens that tend to move in tandem with GameStop. GameStop Stock Decline The controversial rally of GameStop (GME) stock experienced a sharp reversal for the second consecutive day on Monday, closing the U.S. trading session down 12% after a dramatic 40% drop on Friday. This downturn impacted several meme tokens that often mimic GME’s movements. Meme Token Performance GME stock finished Monday’s trading at $24.89, a significant 62% drop from its two-year high of $61 reached last Thursday. Similarly, the Solana-based meme token GME, which parodies the company, fell 25%, reversing a remarkable 200% rally from the previous week. Other related tokens, such as Roaring Kitty (KITTY) and various cat-themed tokens that typically follow GME stock, saw average losses of at least 10%, according to CoinGecko data. Dog-themed tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI) also pared gains from the last week, falling between 4% and 10%. Retail Trader Influence The volatility in GME stock began in late May with the return of retail trader and GME enthusiast Keith Gill, also known as @TheRoaringKitty and "Deep*****Value." Gill played a pivotal role in the 2021 short squeeze rally. Last week, he showcased a $580 million position in GME equity and options, briefly boosting the stock's prices and positioning him for potential billion-dollar exposure. Market Reaction However, these gains were quickly wiped out after GameStop announced plans to sell up to 75 million shares, just days after raising $933 million by selling 45 million shares. Additionally, the company reported a drop in quarterly sales, which further dampened investor sentiment.
--
#Write2earn POLKADOT’S DEFI LEADER HYDRATION SECURES $14.4 MILLION IN DOT TOKENS TO BOOST LIQUIDITY #Polkadot #DOT_UPDATE #Hydration #HDX $DOT Polkadot’s top DeFi project, Hydration, has received 2 million DOT tokens ($14.4 million) from the Polkadot treasury to boost liquidity and trading efficiency on its Omnipool platform. Token Allocation and Use Half of the 2 million DOT will attract new liquidity over the next year, offering Liquidity Providers (LPs) initial rewards exceeding 200% APY. The single-sided LP design allows users to earn by providing just one asset, incentivizing various assets like stablecoins, DOT, BTC, and more. The remaining 1 million DOT will be directly injected into the Hydration Omnipool, enhancing the native liquidity layer for the broader Polkadot 2.0 ecosystem. This is in addition to the existing pool of over 690k DOT and 560k vDOT. Strategic Importance Hydration co-founder Jakub Gregus said, “This generous allocation from the Polkadot treasury is pivotal for Hydration. It enhances our liquidity depth, crucial for our growth and the entire Polkadot ecosystem.” Gregus added, “The Hydration Omnipool offers unparalleled efficiency in trading crypto-assets. This support highlights the impact of our forward-looking approach.” Future Prospects Managed in a decentralized, non-custodial manner, the funding will drive significant advancements in liquidity provision within the Polkadot ecosystem, setting new standards for liquidity solutions in the blockchain network.
--
Zemljevid spletišča
Cookie Preferences
Pogoji uporabe platforme