A new report by CoinGecko has shed light on the biggest crypto airdrops, revealing that the top 50 airdrops have collectively distributed an impressive $26.6 billion worth of tokens based on their all-time high valuations. The study, spanning from 2020 to 2023, meticulously analyzed the airdrop landscape, presenting intriguing insights into this unique aspect of […]
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Crypto Market Recap: Bitcoin & ETH Face Decline as Altcoins Shine Bright
Bitcoin (BTC) and Ethereum (ETH) faced a significant decline, wiping out their gains from the past week. Despite this downturn, several lower-cap altcoins and meme-coins managed to shine, making notable gains and holding onto their weekly profits. Last week, the crypto market witnessed its fastest drop in four months, causing mild concerns among traders. Calls […]
Solana Rockets To 440% Amidst Tenfold Surge In SOL Mobile
Solana is eyeing topping its last month’s gains, surging to $76 and propelling SOL to a remarkable 440% surge in the past year. Currently holding the sixth rank, the token is also on the verge of surpassing the market cap valuation of the Ripple-affiliated XRP token. According to data, SOL’s market cap currently stands at […]
Solana Gears Up for Euro Stablecoin Revolution Despite Market Dip
Solana Blockchain is soon to welcome new projects from major crypto firms, notably Galaxy Digital, Deutsche Bank’s DWS Group, and Dutch market maker Flow Traders. Recent reports have emerged that these digital-asset-focused entities are set to seek regulatory approval for their planned Euro-denominated stablecoin before the intended launch date of 12 to 18 months. Crypto-focused […]
Solana’s 20% Surge Amidst Stablecoin Boost
The decentralized finance analytics platform, DeFiLlama, reported an 8% surge in the supply of stablecoins on the Solana blockchain, reaching a total of $1.67 billion in the past week. Tether’s USDT maintained its dominance, constituting 54.02% of the market share. Meanwhile, the supply of the second-largest stablecoin on the chain, USDC, experienced a notable 20% […]
Crypto Inflows Surge: Mixed Sentiments Amid 11th Consecutive Week
In the fast-paced realm of crypto investment, the last week has marked the 11th consecutive week of inflows, albeit with a notable twist in investor sentiments. According to the latest Digital Asset Fund Flows Weekly Report, a total of $43 million was poured into various digital asset investment products. However, this figure reflects a marked […]
Solana Faces Correction After Surge Towards $80; Analysts Divided On Short-Term Outlook
Solana (SOL) recently surged towards the $80 mark, marking a remarkable 70% increase in the 30 days leading up to December 8. However, the bears swiftly made their presence felt, initiating a correction with SOL currently trading above $65, with potential support at this level. The bullish momentum had propelled SOL above the critical $65 […]
Dogecoin Rockets Skyward: The Drivers Behind Today’s 16% Surge
The value of Dogecoin, a cryptocurrency inspired by internet memes, experienced a remarkable surge of over 16% within the last 24 hours. The price of DOGE surpassed the $0.10 mark, an occurrence not frequently observed in 2023. This significant double-digit increase coincides with Dogecoin celebrating its 10th anniversary on December 6, 2023. Originally launched on […]
Shiba Inu Turned Many Into Millionaires With $12 Investment- Report
At the height of Shiba Inu’s popularity, a trader could have become a millionaire with just a $12 investment. as per a report by leading crypto price-tracking platform, CoinGecko. Conducting an analysis of 10 meme coin price returns, CoinGecko found that SHIB yielded the highest returns during its bullish phase. To reach $1 million in […]
Shiba Inu Leads The Pack: Global Interest In Meme Coins Soars In 2023
The meme coin craze is sweeping the globe, with certain countries showing particular interest in these speculative assets, including Shiba Inu leading the pack, according to a recent report from Crypto ranking platform CoinGecko. The United States is leading, followed closely by India and the United Kingdom. The report indicates that meme coins have gained popularity in […]