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Showing posts with the label trading volume

Coinbase Adds PancakeSwap to Listing Roadmap As the BNB Chain DEX Surges to Record $173,000,000,000 in Monthly Volume

Coinbase has added the native altcoin of the top decentralized exchange (DEX) to its listing roadmap. Coinbase’s customers may soon be able to trade PancakeSwap (CAKE), the native asset of PancakeSwap, a DEX originally built on the BNB Chain. PancakeSwap has expanded to multiple blockchains and now leads all decentralized exchanges in trading volume, recording $228.03 billion in the past 30 days compared to Uniswap’s (UNI) $95.706 billion, according to DeFi Llama. PancakeSwap also recently set its monthly record with $173 billion in trading volume in May. The roadmap addition, announced on Wednesday, has not boosted CAKE’s price: The 116th-ranked crypto asset is trading at $2.25 at time of writing and is down more than 7% in the past 24 hours and nearly 11% in the past seven days. Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering rolling trading support for the asset in the near future. The roadmap w...

Paris Saint-Germain Fan Token rallies 10% as PSG wins UCL

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After a muted initial reaction to Paris Saint-Germain’s historic Champions League victory, the club’s official fan token (PSG) is finally showing signs of life.  As of June 2, the PSG token is trading at $2.21, up 10.56% on the day, according to CoinMarketCap data. The spike follows a brief dip post-final, when the token failed to move meaningfully despite the club capturing its first-ever UCL title. Paris Saint-Germain Fan Token 1-day price chart. Source: Finbold At its intraday high, PSG touched $2.36 before retreating slightly pushing the token’s market cap from $18.2 million to over $20.5 million, reclaiming levels lost in the days leading up to the final. Interestingly, trading volume has dropped 15.7% to $35.27 million, indicating the price movement is likely being driven by fewer, but more decisive, buyers. Paris Saint-Germain Fan Token price action before UCL final In the days before the match, the token had climbed as high as $2.79 amid fan speculatio...

Chainlink Whales Dump Millions in LINK: Price Crash Looming

Crypto Whales have dumped over 170 million in Chainlink (LINK) in the last three weeks, signaling concerns of a potential price crash. In the last 30 days, LINK is down 18%, with selling pressure around the altcoin growing. Despite the coin being added for transactions on the PayPal payment service , momentum around LINK remains negative, causing some concern that the asset’s price will continue to decline. After weeks of volatility and downside moves, bulls continue to struggle to regain control, with LINK failing to break above key resistance levels. According to on-chain data from Santiment, whales have sold over 170 million LINK in the last three weeks. Whale activity around an asset is often looked at when analyzing a cryptocurrency’s next price movement. This significant outflow from large holders has fueled speculation that an additional downside may come. Chainlink is down 17% since March 26. Its trading volume in the last 48 hours is also down over 20%, with smaller...

Shiba Inu Price Prediction: AI Sets SHIB Price For February 28

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The Shiba Inu (SHIB) ecosystem was finally seen recovering as the weekend approached. Following a rough week, the meme coin was seen picking up pace. Over the past seven days, SHIB recorded a drop of nearly 5%. The second-largest meme coin’s monthly losses stood at a staggering 23%. While this may be extremely bearish for SHIB investors, the community is hoping to see SHIB close February on a bullish note. Also Read: Ripple (XRP) Forecasted To Reach $5.40: Here’s When Looking Into The Shiba Inu Market Source: Watcher Guru Over the past 24 hours, the meme coin recorded a rise of nearly 2%. At the time of writing, SHIB was trading at $0.00001572. Along with its price, the asset’s market cap and trading volume also witnessed an uptick. The market cap of Shiba Inu currently stands at $9.27 billion. In addition, the daily trading volume of the meme coin rose by nearly 10% and is at $174.5 million. Source: CoinMarketCap The latest downfall put a majority of SHIB investors at a los...

Bitget Token Price Prediction for Today, December 17 – BGB Technical Analysis

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Bitget Token (BGB) has surged to $3.59, gaining 43% in the past week and drawing significant attention. With a $5.5 billion market cap and $250 million in daily trading volume, it reflects the growing strength of the Bitget ecosystem. This momentum highlights BGB’s potential for further expansion in the crypto market. BGB Key Statistics  Current Price : $3.59 Market Cap : $5.5 billion Trading Volume (24h): $250 million Circulating Supply: 40 billion BGB Total Supply: 00 billion BGB CoinMarketCap Ranking: #30 According to CoinMarketCap, BGB has surged 43% in the past week, showcasing remarkable momentum. Over the past 30 days, the token has skyrocketed by an impressive 161%, reflecting strong market interest. These gains highlight BGB’s rapid ascent in a short timeframe. BGB/USD Market Key Levels Resistance: $3.75, $4.00, $4.20 Support: $3.25, $2.95, $2.60 The BGBUSD daily chart indicates a strong upward momentum, currently trading at $3.59 after a s...

XRP craze in South Korea reminds traders of LUNA meltdown

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XRP craze in South Korea reminds traders of LUNA meltdown XRP Army, the social media fan club for all things Ripple, is alive and well in South Korea. Seoul-based crypto exchange Upbit reported that XRP traders on its platform are more active than traders of any other crypto asset this week — trading even more than bitcoin (BTC) and ether (ETH). With over $6 billion in XRP traded, Ripple’s blockchain asset was responsible for over one-third of the crypto exchange’s $18 billion total on Monday. That South Korea — a relatively small country — is leading a rally in a major cryptocurrency is unremarkable for veterans who have been around since 2017. Back then, South Korea attracted international crypto arbitrageurs to its ‘kimchi premium,’ the phenomenon that for many months, saw BTC traded at a premium in the country versus exchanges in other regions. On Monday, and for a few hours over the weekend, XRP denominated in South Korean won (KRW)...

Catizen Price Prediction: CATI Plunges 14% As This New Meme Coin ICO Zooms Past $1.5 Million

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The Catizen price dropped 14% in the last 24 hours to trade at $0.7596 as of 00:31 a.m. EST on trading volume that plunged 20% to $318 million. There is a notable increase in interest in CATI following its listings on multiple decentralized exchanges. The buzz surrounding its listings has motivated more investors to join the community. Can the increasing buzz push the Catizen price toward a reversal? Catizen Price Bearish – A Bullish Trend Reversal Possible? After its launch on September 20, the Catizen price has been in a sustained downtrend, trading within a falling wedge pattern from the $1.2 resistance to the $0.73 support level, according to data from GeckoTerminal . CATI now trades below the 50-day Simple Moving Average (SMA) (0.8567), which is a confirmation of the downtrend. Moreover, the Relative Strength Index (RSI) also trades on a downtrend, currently at 30 as it hurtles below the 30-oversold region, which shows that CATI is under intense selling pressure. The ...

Top Cryptocurrencies to Invest in Now September 19 – Sei, Algorand, Hedera

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The cryptocurrency market is developing significantly, with numerous digital assets emerging as attractive investment options. The global crypto market capitalization currently is $2.17 trillion, reflecting a 5.01% increase in 24 hours. Additionally, the total trading volume has surged to $98.83 billion, marking a notable 27.18% intraday rise. Several altcoins are experiencing positive momentum today, showcasing substantial gains. Recent advancements in technology, strategic partnerships, and dynamic market developments are capturing the attention of investors eager to seize potential opportunities. This article explores some of the top cryptocurrencies to invest in now that are making waves, emphasizing their unique characteristics, market trends, and the potential impact they could have on the future of digital finance. Top Cryptocurrencies to Invest in Now ZetaChain’s token, ZETA, has seen significant price activity recently. According to the latest figures, its value has r...

Sui Bullish Breakout: Is $1.50 the Next Target?

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Sui’s price is surging, and this has caught crypto fans’ attention. Can this coin be the next Shiba Inu? Let’s dive right in and find out. The blockchain platform is in a bullish breakout, which caused some optimistic projections to appear. Many think $1.50 could be the next target for the altcoin. The SUI token has bounced back from recent lows, and it might continue going up! Also Read: DogWifHat (WIF) &, PEPE Price Prediction For September End Sui Price Prediction and USDC Integration: What Investors Need to Know Source: Cryptonomist Analyzing Sui’s Recent Performance The Sui price chart shows higher highs and lows, and this signals a bullish trend. SUI rose from its $0.60 lows that happened earlier this year. It’s now breaking through key resistance levels, so let’s see if the $1.50 target is achievable. The chart shows SUI going up, and the bullish signs suggest more growth is about to take place. At this time, it’s testing $1.20 resistance, and if it ...

CEX Data in August,Trading Volume Increases by Over 30%, Traffics Rise by 4%

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Data compiled by the WuBlockchain team shows: In August, the spot trading volume of major exchanges increased by 30% month-over-month. The top three exchanges with the highest growth rates were KuCoin (171%), Crypto.com (79%), and Mexc (44%). The bottom three were Gate (-44%), HTX (4%), and Upbit (17%). In August, the derivatives trading volume of major exchanges increased by 32% month-over-month. The top three exchanges with the highest growth rates were Mexc (71%), Crypto.com (70%), and Deribit (47%). The bottom three were Bybit (26%), OKX (27%), and KuCoin (27%). In August, the website traffic of major exchanges increased by 4% month-over-month. The top three with the highest growth rates were Mexc (160%), Gate (24%), and Deribit (17%). The bottom three were Bybit (-12%), Bitget (-10%), and Upbit (-9%). Note: The following data may have significant volume manipulation or bot activity. Spot and derivatives data are from Coingecko, while traffic data comes from Similarweb. Follow us T...