Backed By CZ, Aster Token Ignites With 1,650% First-Day Rally
Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total value locked jumped from $660 million to $1 billion shortly after launch. The platform claims total users of 1.848 million, with seven-day new user additions hitting....
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Japan is inching towards the approval of its first yen-backed stablecoin, with regulators likely to approve it as soon as October. Related Reading: Crypto Clampdown: South Korea’s Jeju City Goes After Suspected Tax Evaders Nikkei reports that the token, named JPYC, will be issued by Tokyo fintech company JPYC and will be backed by the […]
Bitcoin had an impressive performance in July, along with major digital tokens that have hit their targets in the last four weeks. Bitcoin (BTC) increased by over a quarter, reaching $24,000, while Ethereum increased by approximately 55 percent, trading around $1,700. In the first week of July, the price of BTC led a strong increase […]
Whale has the largest market cap but fully-diluted figures put Rally ahead. Two social tokens are shining brighter than the rest with a combined market capitalization of $240 million.Research compiled by crypto data aggregator Messari has revealed the WHALE token is the most valuable social token with a market capitalization of $136 million. RALLY is a close second with a $104 million market cap, meaning the pair represent $240 million combined.Whale is currently the most valuable social token by marketcap at $136mm + $RALLY is a close second + $MORK a distant third....
Gold-backed tokens are getting increasingly popular as a more accessible alternative to investing in physical gold. What is a gold-backed cryptocurrency?A gold-backed cryptocurrency is a type of digital currency that is backed by physical gold. The currency’s value is based on the current market price of gold and can be used for transactions just like any other type of cryptocurrency.Some cryptocurrencies are backed by gold in order to tie the derivative asset (crypto) to a tangible asset (gold), thereby preventing excessive fluctuations in price. Thus, gold-backed cryptocurrency is often....
Gold-backed Ethereum token offering Digix (sale.digix.io) has completed its crowdsale, opening up decentralized gold-backed smart contracts to anyone. The democratic autonomous organization (DAO) achieved over $5.5 million USD funding in 12 hours upon the start of the crowdsale on March 30. Now, along with the launch of trading later this month,....