LIVECryp_toman001
@Cryp_toman001
The Man from Crypton
Following
Followers
Liked
Shared
The tokenomics insights page Token Unlocks noted in a tweet published earlier today that there will be more than $850 million worth of tokens unlocked this week.
Optimism (OP) and 1inch Network (1INCH) will see the largest dollar values unlocked this week, with $618 million worth of OP and $100 million in 1INCH being unlocked in the coming days.
Notably, OP and 1 INCH will see $618 million and $100 million unlocked respectively.
While $310 million ETH entered exchanges, a staggering $1.1 billion was withdrawn.
Market participation of Binance USD (BUSD) plunged from 11.68% to 4.18% in the same period, while Dai (DAI) held its participation rate at 3.66%, down from 4.05% in May 2022.
In the past 12 months, Circle's USD Coin (USDC) has seen its market share decline from 34.88% to 23.05% at the time of writing.
Dogecoin was developed by software developers Billy Markus and Jackson Palmer as a joke to mock what many saw as an irrational investment hype surrounding cryptocurrencies.
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a critique of the wild crypto market at the time.
The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed back to its all-time high, data from CoinGecko shows.
BTCâs price is at risk of dropping back down to the next crucial support at $26,350.
Bullish thesis will be validated if BTCâs price is able to close above the $26,850 within the next 24 hours.
The altcoin market leader was worth about $1,814.41 after it experienced a 1.61% price increase over the past 24 hours of trading.
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Trending Topics
FOMC
8,395 views
20 Posts
#BTC update ...
Bitcoin's$BTC price has surged to $59,920, nearing the key resistance level of $61,320. A breakout above this threshold may propel Bitcoin $BTC to new heights. Conversely, failure to surpass resistance could lead to a corrective pullback. Investors are cautiously optimistic, awaiting the next market move. Technical indicators suggest a bullish trend."
#FOMC #NeiroOnBinance #CPI_BTC_Watch #CPI_BTC_Watch
israbullish
2 Likes
978 views
NeiroOnBinance
2.9M views
1,953 Posts
BinanceLaunchpoolHMSTR
21.6M views
9,340 Posts
