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Showing posts with the label liquidity

Official Trump Meme Coin Price Prediction – Will $TRUMP Pump in February?

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Official Trump saw a surge in both price and attention, but both have since dropped significantly, with the price falling from $35 to around $25. This decline is accompanied by a sharp drop in interest, as fewer people are discussing or trading the token. Historically, price and attention are closely linked in crypto markets—when interest is high, prices tend to rise, and when attention fades, so do valuations. Despite this, the Official Trump token remains the most liquid on the Solana blockchain, boasting $514 million in liquidity. However, trading volume tells a different story, with only $28 million in trades over the past 24 hours—just a fraction of its liquidity pool size. This is unlike typical meme coins, where trading volume often exceeds liquidity. The lack of significant trading activity means liquidity providers and market makers are not earning substantial fees, making the token less appealing to those facilitating transactions. Even centralized exchanges tha...

SparkDEX launches the first perps exchange on Flare

SparkDEX has officially launched SparkDEX Eternal, the first perpetual decentralized exchange (Perp DEX) on Flare, based on information shared with Finbold on Thursday, December 12. SparkDEX Eternal is LIVE ON @FlareNetworks! pic.twitter.com/wZb8lNZ2vE — SparkDEX (@SparkDexAI) December 11, 2024 SparkDEX Eternal enables users to incorporate perpetual contracts into their trading strategies and provides them access to opportunities with various assets without owning the underlying instruments.  Fast decentralized data delivery Flare’s Flare Time Series Oracle (FTSO) allows for fast and accurate decentralized data delivery required for perps trading. SparkDex founder Steve stated: Picks for you Crypto expert says this pattern could send ‘XRP to $4’ 52 mins ago ...

Top Crypto Gainers Today Sep 27 – Myria, Shiba Inu, eCash, Raydium

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In the market today, to be a well-informed investor, it is crucial to pay attention to top crypto gainers . These tokens often indicate emerging trends and potential returns. This article highlights standout performers like Myria, Shiba Inu, eCash, and Raydium, each showcasing unique growth drivers that can shape the market. Understanding these dynamics helps investors identify promising opportunities. Seize this opportunity to boost your portfolio!   Biggest Crypto Gainers Today – Top List Today’s crypto market is buzzing with action as Myria surges by 28.87%, likely due to favorable market dynamics rather than any specific news. Shiba Inu jumps 21.27%, driven by community momentum and recent Shibarium developments, plus a rise in token burns.  Also, eCash experiences a 14.40% rise following its new listing on Coinstore, boosting liquidity and interest. Finally, Raydium’s 12.45% surge comes from its partnership with 21BTC, increasing liquidity in the Sola...

Intent X integrates Orbs Liquidity Hub for increased liquidity 

IntentX, a decentralized perpetual exchange (DEX), has announced a collaboration with Layer 3 network Orbs, according to the info shared with Finbold on March 26. The collaboration marks a significant stride in the realm of decentralized finance (DeFi) and entails the integration of Orbs’ Liquidity Hub into IntentX’s ecosystem with the aim of enhancing user access to spot orders and the perpetual contracts marketplace. Transcending traditional automated market makers Orbs Liquidity Hub stands as a cornerstone in DeFi infrastructure, going beyond traditional automated market makers (AMMs) by harnessing liquidity from both on-chain and off-chain sources. Picks for you Radicle 1.0 goes live, spearheading decentralized code collaboration 24 mins ago 'Nvidia of crypto' token is up over 800% in a year 25 mins ago Real Estate crypto token rallies 300% in a week after first property sale 42 mins ago Andrew Tate delivers harsh message to ‘crypto Twitter ...

Taki DAO partners with Flowdesk to enhance TAKI liquidity

Taki DAO says the partnership with Flowdesk will help supercharge liquidity for TAKI, the native token of the Taki Games ecosystem. The partnership follows TAKI’s expansion to Polygon in December.  Taki DAO and Flowdesk, a full-service digital asset trading technology firm with market making and OTC services, have announced a key partnership that will see the latter extend its market making services to the TAKI token. The integration means Flowdesk now provides liquidity for TAKI, the native token of the Taki Games Network. TAKI powers Taki Games’ rewards across its ecosystem of popular mobile games, Taki DAO announced on Thursday. “T aki Games is on a mission to bring gaming’s 3B users and $200B in revenues on chain, which means that liquidity is crucial to absorbing increasing sizes of TAKI purchases to power our rewards system. We’re excited to see Flowdesk partner with the TAKI DAO to help make this system more seamless ...

Solana 'Flips' Dogecoin at the $9 Billion Market Cap

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Large and mid-cap altcoins have significantly lost value over the past few hours. At press time, Solana was down 5% on the daily, while Dogecoin had depreciated by 8%. Amid the price dip, SOL managed to flip DOGE on the market cap front. The gap started widening right after, with Solana ’s lead accelerating to $220 million. Source: Sanbase Also Read: $1 Billion Wiped Out Of Crypto Market Amid Bitcoin, Ethereum Crash Solana recently became the most liquid altcoin on Coinbase. It recently crossed the $3 million threshold, as DOGE was trying to establish a foothold at around $2.5 million. Other altcoins like MATIC and XRP were seen struggling around the $1 million mark. Increased liquidity usually connotes increased market participation. It also means that an asset can be bought and SOL d without causing significant price movements. Thus, when compared to Dogecoin and other assets like XRP and MATIC, Solana suffered relatively fewer losses. Source: Kaiko Als...

Liquidity Crunch Hits Crypto, Bitcoin and Ethereum Face Buy-Side Decline

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Liquidity Plummets In Crypto Market According to statistics, Bitcoin ’s exchange reserve has dwindled by 20% over the past year, amounting to 2.092 million. This reduction in available Bitcoin holdings on exchanges suggests a decreased willingness among investors to sell or trade their Bitcoin . advertisement In a similar vein, Ethereum’s exchange reserves have experienced an even steeper decline, plummeting by 40% to reach 16 million. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] ...

Grayscale ETH trust nears record 60% discount as nerves continue over DCG

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Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity. The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH). There are many reasons behind the ongoing decline, but in recent weeks fears have grown that fallout from parent company Digital Currency Group’s debt of approximately $1.675 billion to troubled crypto lender Genesis could impact Grayscale assets. YCharts data shows a 59.39% discount at the time of writing, a level the trust has traded at since at least Dec. 28. A one-year chart for the Grayscale Ethereum Trust’s discount. Image: YCharts Crypto Twitter influencer “db” tweeted an image on Jan. 4 depicting the entire collection of Grayscale crypto-based trusts with statistics showing their respective premium. Every Grayscale trust and their respective premium % pic.twitter.com/T...