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…
pLTC
What Are pTokens and Why they are so Important?
As the decentralized economy expands, developers seek new and exciting ways to unlock liquidity in the blockchain sector. Among these new concepts, the pToken strategy has proven superior technology. pTokens are a type of Ethereum token representing a 1:1 peg with another blockchain asset. Importantly, the "p" in pTokens is provable, portable, and pegged. pTokens are pegged on a 1:1 basis to their underlying digital asset. This enables user access to cross-chain markets without the need to trade their token…
5 years ago