Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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CoinGeckoBitunix Enters Top 15 on CoinGecko Rankings, Achieving Milestone in the First Week of September 2024
Dubai, United Arab Emirates, September 9th, 2024, Chainwire Bitunix, a rapidly growing player in the cryptocurrency exchange market, has made a significant leap by ranking as the 13th global exchange on CoinGecko, categorized by trust score on September 2, 2024. This milestone comes on the heels of Bitunix unveiling its reserves through the implementation of Proof of Reserves (PoR), a move that has set a new standard for transparency in the industry. By disclosing the Proof of Reserves, Bitunix has solidified…
9 months ago
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CoinGeckoMemecoins Reign Continues: Most Popular Narrative In Q2 – CoinGecko Report
Following the highs of 2024’s first quarter (Q1), the crypto market faced a retrace during the second one (Q2). Despite this, Memecoins has remained the reigning champion of the market for the last three months. Total Crypto Market Cap Falls 14% In Q2 On Tuesday, CoinGecko released its 2024 Q2 Crypto Industry Report. In the report, the crypto tracking website revealed that the total market capitalization declined last quarter. The total crypto market cap dropped 14.4%, $408.8 billion, in the…
11 months ago
CoinGecko Co-Founder Warns of Fake Token Launch Emails
The post CoinGecko Co-Founder Warns of Fake Token Launch Emails appeared first on Coinpedia Fintech News A major vendor managing mailing lists for various crypto companies has been compromised, potentially exposing sensitive information and leading to fraudulent crypto-airdrop emails. Paolo Ardoino, Tether’s CEO, has confirmed the breach and advised the community to exercise extreme caution with emails suggesting crypto-airdrops received in the last 24 hours. The co-founder of CoinGecko has also warned of phishing emails and assured the community that…
1 year ago
Is Cardano Centralized? KangaMoon Announces New Listing On Coingecko 10X On The Cards?
The debate on whether Cardano is centralized or decentralized has been a subject of discussion in the crypto market. However, Cardano is decentralized. Users can send the Cardano token to anybody across the globe without depending on a central third party. Both Cardano and Ethereum blockchains are used in building apps that connect together, similar to the Apple and Google Play Stores. Meanwhile, KangaMoon has been listed in popular crypto price tracking websites, making it easier to study KANG market…
1 year ago
Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric
The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual Machine (EVM) protocols. Solana Emerges As The Undisputed Speed Champion According to the findings, Solana has proven to be the fastest among large blockchains, with…
1 year ago
NFT Lending Hits Quarterly High, Surpassing $2.1 Billion in Q1: CoinGecko
The lending market for non-fungible tokens (NFTs) has witnessed an unprecedented surge, hitting a quarterly high of $2.13 billion in Q1, marking a significant 43.6% quarter-over-quarter growth. According to data from CoinGecko, five of the six top platforms are seeing increased volumes. Blend Dominates with 92.9% Market Share In January, the NFT lending market hit a record $0.9 billion monthly volume, exceeding the previous peak of $0.85 billion in June 2023. Blend emerged as the top NFT lending platform, with…
1 year ago
CoinGecko Report: Memecoins Emerge as Most Profitable Crypto Narrative In Q1 2024
A recent report by CoinGecko revealed memecoins were the most profitable crypto narrative in the first quarter of 2024. On average, memecoins recorded the highest returns of 1,312.6% across the top tokens by market cap. According to a recent CoinGecko report, memecoins outperformed all other crypto narratives to become the most profitable in Q1 2024—the top tokens, on average, recorded average returns of 1,312.6%. Memecoin Frenzy The recent run in the crypto market saw Bitcoin and many altcoins surge to…
1 year ago
Memecoins Reign Supreme: CoinGecko Reveals Most Profitable Crypto Narrative Of Q1
In the first quarter of 2024 (Q1), memecoins emerged as the most profitable crypto narrative, delivering massive average returns of 1312.6% across its top tokens, according to a recent study and report conducted by CoinGecko. This figure far surpassed the returns of other narratives, highlighting the growing popularity and frenzy surrounding memecoins in the cryptocurrency market. RWA Vs Memecoins Three newly launched tokens were among the top 10 memecoins by market cap at the end of the quarter: Brett (BRETT),…
1 year ago
CoinGecko and Dypius Partner to Build and Pioneer Innovation on the World of Dypians
Several prominent names in the crypto sector, including Avalanche, Conflux, and Chainlink, are making strides in the World of Dypians. The latest to join the ranks is CoinGecko, aligning with leading industry figures for increased engagement and education. CoinGecko has partnered with Dypius to lead innovations on the World of Dypians platform, a metaverse gateway to the crypto universe. Here, players can delve into a one-of-a-kind experience, interacting with AI-driven NPCs. A Fresh Alliance in the World of Dypians…
2 years ago