Tomiwabold Olajide

2 weeks ago | u.today | Tomiwabold Olajide

In a fresh reshuffling of crypto market rankings, Stellar (XLM) has surpassed Bitcoin Cash (BCH) in market capitalization. According to current market data, Stellar now has a larger market capitalization than Bitcoin hard fork, Bitcoin Cash. Stellar (XLM) is now the 16th largest cryptocurrency, with a market value of $8.4 billion, while Bitcoin Cash (BCH) is the 17th largest, with a market capitalization of $8.25 billion, according to CoinMarketCap data.

2 weeks ago | u.today | Tomiwabold Olajide

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a massive 5,762% jump in burn rate, permanently removing millions of SHIB tokens from circulation. According to data from Shiba Inu burn tracker Shibburn, the explosive increase in burn rate occurred within 24 hours. Millions of SHIB burned in various transactions contributed to the surge, with SHIB being sent to dead wallets, thus rendering the tokens unspendable and lowering the total supply.

3 weeks ago | u.today | Tomiwabold Olajide

Cardano, the 10th-largest cryptocurrency by market capitalization, has recently scored a significant milestone that could boost its Wall Street exposure. Cardanians, a Cardano-focused X community account, spotlights this milestone in a recent tweet. 🇺🇸 BREAKING:Nasdaq has officially reconstituted its Crypto US Settlement Price Index (NCIUS) to include Cardano $ADA. This index serves as the benchmark for the Hashdex Crypto ETF.

3 weeks ago | u.today | Tomiwabold Olajide

Dog-themed cryptocurrency Dogecoin (DOGE) is closing in on a major adoption milestone, that of 8 million holders. Dogecoin's user base is quietly growing, indicating that investor interest and adoption remain strong. According to on-chain analytics firm Santiment, Dogecoin boasts 7.97 million holders, reinforcing its status as one of the most widely adopted cryptocurrencies in the market. 📈 As crypto markets attempt to rally at the end of the work week, crypto networks continue to grow over time.

3 weeks ago | u.today | Tomiwabold Olajide

In a surprising development, Shiba Inu (SHIB) saw essentially no change in the last seven days in large holder inflows, an indicator that tracks the funds going into addresses belonging to either whales or large holders. According to data from IntoTheBlock, SHIB's large holder inflows recorded a mere -0.10% change over the past week, with the actual explanation for the drop unknown.