Michael Nderitu

5 days ago | thecoinrepublic.com | Michael Nderitu

Base network has been firmly in the top of the list of Ethereum layer-2 networks and it continues to solidify its lead in the segment. In our previous exploration of the top DEXes, we discovered that most of the L2 volumes were flowing through the Base network. But just how big is the lead that Base have over its peers? According to Coingecko, it controlled 36% of the $9.69 billion in total value locked. Roughly $3.708 billion worth of trading volume in the last 24 hours.

5 days ago | thecoinrepublic.com | Michael Nderitu

Uniswap has emerged as the most popular Decentralized exchange in the latest wave of market recovery. But does the high level of activity enough to trigger more demand for its native token UNI? Uniswap is one of the older DEXes that exist today and one of the top most popular ones during the 2021 bull run. However, the market had dramatic changes since then, with the decentralized world becoming more crowded and competitive.

6 days ago | thecoinrepublic.com | Michael Nderitu

Bitcoin bulls managed to push price back above $100,000 in the last 24 hours, for the first time since early February. However, the circumstances behind the momentum paved the way for a massive surge in liquidations. Bitcoin has been recovering since it bottomed out in April and has extended the same momentum so far this month. Its momentum was particularly evident in the last 24 hours, during which price surged by almost 4% from sub $97,000 levels.

6 days ago | thecoinrepublic.com | Michael Nderitu

Non-Fungible Tokens (NFTs) were a smash hit in 2021 but fast forward to the present and their popularity has been on the decline. In fact, considering current market trends, altcoins are arguably more interesting or more appealing. To put into perspective just how popular theywere in 2021, here are a few examples. Someone recorded facts, made an NFT symphony and sold it for $85. Another sold one of a twig image for $12,000.

1 week ago | thecoinrepublic.com | Michael Nderitu

Bitcoin performance over the last few months has revealed a lot of noteworthy observations. Among them include the fact that there were instances where it seemed to lose its correlation with the S&P500. For context, Bitcoin demonstrated significant correlation with the U.S stock market over the last few years. As a result, investors have been using economic data influencing stocks to make BTC-related moves. This year Bitcoin lost its correlation with the S&P500 on multiple occasions.