BONK posted a strong recovery on July 24, gaining 6.5% in value from $0.0000335 to $0.0000357 during the 24-hour window ending 14:00 UTC. The Solana-based meme token rebounded from an earlier dip to $0.0000311, recording an 18% trading range before closing near its daily highs. Price action was fueled by renewed institutional interest and mounting … Read more
Need evidence of speculator fervor. Look no further than Coinglass' crypto derivatives leaderboard, which shows that fartcoin (FARTCOIN), the Solana-based memecoin, is now the 10th largest token based on derivatives open interest. As of writing, notional open interest in futures tied to fartcoin totaled over $1 billion, placing the joke cryptocurrency ahead of well-established coins, … Read more
The past few months have been quite the up-hill ride for the crypto sector, marking some major milestone moments that shook the industry out of a long slumber. With most cryptocurrencies including Bitcoin having seen significant spikes in their prices, several new tokens have managed to find their way inside the crypto circle in recent … Read more