Saturday, January 11

Tag: Trust Project

Hyperliquid TVL Reaches Year’s Low as HYPE Falls Toward $20

Hyperliquid TVL Reaches Year’s Low as HYPE Falls Toward $20

Daily Crypto News
Layer-1 blockchain Hyperliquid, understood for its decentralized derivatives exchange, has actually kept in mind a drop in its Total Value Locked (TVL) considering that the start of the year. This slump comes regardless of the small total boost in decentralized financing (DeFi) TVL throughout the marketplace considering that January 1. This TVL drop has actually triggered a decrease in need for Hyperliquid's native token HYPE. With subsiding purchasing pressure, the altcoin is poised for an additional fall. Hyperliquid's TVL Falls 20% According to DefiLlama, Hyperliquid's TVL has actually fallen by 20% because the start of the year. Since this writing, it sits at $1.89 billion, its most affordable level because January 1. Hyperliquid's TVL. Source: DefiLlama This decrease has actu...
Meme Coin Market Crashes as Whales Dump Tokens in a Selling Spree

Meme Coin Market Crashes as Whales Dump Tokens in a Selling Spree

Daily Crypto News
The crypto market has actually seen a sharp decrease over the previous 24 hours, with meme coins taking the greatest hit. According to CoinGecko, the overall crypto market cap fell by over 15%, while the marketplace cap of meme coins come by more than 12% to $113.32 billion as whales left their positions. Meme Coin Market Reacts to Whale Sell-Offs The overall crypto market cap dropped to $3.42 trillion on January 8 as a lot of leading cryptocurrencies, consisting of Bitcoin and Ethereum, taped losses. The decreases amongst the leading meme coins have actually been especially serious. Popular meme coins such as Dogecoin and Shiba Inu experienced big drops on the 24-hour chart, lowering the meme coin market cap. DOGE was trading at $0.33 after dropping 8.5% over the previous 24 hour...