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…
IEO Performance
IEOs Bad Performance Leads To Investors Taking Massive Loses
The launch of Initial Exchange Offerings, IEOs, occurred in 2019. Nevertheless, incriminating new statistics show that IEO investors lost a maximum of 98% of their money. On the 23rd of December, the latest report on twelve leading IEOs by BitMEX Research got launched in 2019. Eleven of these IEOs are currently worthless compared to the price at which they first traded on exchanges. BitMEX Research maintained that their performance since the time they launched is always low. Nearly all the…
5 years ago