–> The total number of wallets on the decentralized exchange (DEX) Uniswap skyrocketed from 3.03 million in May 2023 to 7.26 million in May 2024—an increase of approximately 140%, according to Dune Analytics data. Uniswap’s rise in swappers coincides with other records on the platform. On Apr. 5, Uniswap surpassed …
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This new development aims to enhance the liquidity and accessibility of Random Access Memory (RAM), a crucial but finite resource on the EOS platform. EOS’ Wrapped RAM to Transform Markets RAM is vital for the operation of decentralized applications (dApps) and the execution of transactions on the EOS blockchain. Traditionally, …
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5 Years Later: Uniswap Surpasses $2 Trillion Milestone in Trading Volume
by Wayne Jonesby Wayne JonesUniswap, the decentralized exchange (DEX) pioneer, has achieved a significant milestone by surpassing $2 trillion in all-time trading volume. This achievement marks a historic moment for the platform, occurring five and a half years after its launch in November 2018. Uniswap’s $2 Trillion Milestone According to data from a Dune …
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3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in April 2024
by Tiago Amaralby Tiago AmaralAdditionally, GT has captured attention by growing an impressive 98.10% over the past month. Its price trajectory suggests that this uptrend might intensify in April. Meanwhile, CAKE is poised to hit its highest price since May 2022, presenting a compelling case for investors looking for lucrative opportunities outside the Bitcoin …
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There’s a misguided belief that memecoins are helping people out of poverty that I believe is really damaging to the space. More so, I think chains like Solana and Avalanche, which are seeing increased attention due to memecoin fervor, are incredibly overheated. Essentially, memecoin volumes are vanity metrics akin to …
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Pyth Network has unveiled the second phase of its retrospective token airdrop program for 167 decentralized applications that have used the oracle network. Eligible dapps are those that rely on Pyth’s price data for protocol operations, including transactions, asset valuation and on-chain settlement. Some 100 million PYTH governance tokens — …
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PancakeSwap, a decentralized exchange (DEX), has mastered the art of branding in this complex environment. It has set itself apart as an inspiration for crypto marketers entering the intricate DeFi sector. The Importance of Brand Identity in DeFI Chef Brownie, the Marketing Chef at PancakeSwap, explained to BeInCrypto the crucial …
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The crypto industry started the year 2024 positively, as the market experienced a strong uptrend during the first week. Following the approval of the Spot Bitcoin ETF, the market witnessed a short surge, after which the crypto space has been experiencing a significant correction in value. Bitcoin and Major altcoins …
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The cryptocurrency industry is gaining significant attention daily, with more users registering with various platforms to buy, sell, and trade digital assets. The industry is divided into two halves, the Centralized and the Decentralized parts, referred to as CEX and DEX, respectively. They represent two different ways of supporting transactions …
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Why OKX Delisted the WallStreetBets DApp (WSB) Memecoin After a 58% Flash Crash
by David Thomasby David ThomasOKX announced yesterday that it had begun to wind down the WSB/USDT pair trading according to its Token Listing Determination and Deprecation Rules. The action comes after the WSB team complained of a need for access to the Treasury, which r/WallStreetBets subreddit creator Jaime Rogozinsky currently controls. WSB Altcoin Tanks …