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…
CryptoSnoos
CryptoSnoos: Reddit’s Crypto NFT Integration Still in Test
Reddit continues its integration of CryptoSnoos, a collection of four NFT avatars, on its platform. The Ethereum-based NFTs were each auctioned for up to $400,000 to be used as Reddit avatars. One of Reddit’s NFT avatars still sees activity, despite its initial introduction in June 2021. The continued scarcity of these collectibles suggests that Reddit may still be testing this integration before producing more avatars or allowing users to mint and use their own NFTs on the platform. Redditors with…
3 years ago