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Tag: supply

Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

July 2, 2023 wp-bot Bitcoin News

The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to

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Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

May 13, 2023 wp-bot Bitcoin News

Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving

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New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap

April 20, 2023 wp-bot Bitcoin News

A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The

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With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

April 16, 2023 wp-bot Bitcoin News, Blockchain

Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to

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Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

March 26, 2023 wp-bot Bitcoin News

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the

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Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop

March 25, 2023 wp-bot Bitcoin News, Blockchain

Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than

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