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CATEGORY: token economy

Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 18, 2023 10:30

Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked

On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the top ten defi protocols except for Lido [...]

The post Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked appeared first on Crypto Breaking News.

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Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 16, 2023 10:30

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than [...]

The post Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy appeared first on Crypto Breaking News.

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BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 12, 2023 10:30

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days

Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin blockchain, the recently [...]

The post BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days appeared first on Crypto Breaking News.

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AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 11, 2023 02:10

AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets

A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company [...]

The post AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets appeared first on Crypto Breaking News.

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Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 07, 2023 10:30

Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days

Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built on Bitcoin Are Now Worth [...]

The post Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days appeared first on Crypto Breaking News.

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Meme Coin Pepe Sees Steep Decline in 30 Days, Losing 70% Since All-Time High
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 05, 2023 05:50

Meme Coin Pepe Sees Steep Decline in 30 Days, Losing 70% Since All-Time High

According to statistics, the meme coin asset pepe (PEPE) still holds the third position in terms of the largest meme token market capitalization. However, PEPE has lost over 70% in value during the past 30 days. Pepe Value Slides 26% Lower Over the Past 2 Weeks The meme coin pepe (PEPE) has experienced a significant [...]

The post Meme Coin Pepe Sees Steep Decline in 30 Days, Losing 70% Since All-Time High appeared first on Crypto Breaking News.

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While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 03, 2023 10:30

While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days

During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly over the past 39 days, rising 1,511% from a total value of $29.48 million to [...]

The post While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days appeared first on Crypto Breaking News.

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Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 03, 2023 05:50

Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces Contraction as Market Capitalization Dips Below $129 Billion The [...]

The post Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June appeared first on Crypto Breaking News.

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