Memecoins dominate crypto open interest charts taking 4 out of top 10 spots

Categories
AI, Bitcoin, Crypto

𝘖𝘱𝘦𝘯 𝘐𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘦𝘧𝘦𝘳𝘴 𝘵𝘰 𝘵𝘩𝘦 𝘵𝘰𝘵𝘢𝘭 𝘢𝘮𝘰𝘶𝘯𝘵 𝘰𝘧 𝘱𝘦𝘯𝘥𝘪𝘯𝘨 𝘥𝘦𝘳𝘪𝘷𝘢𝘵𝘪𝘷𝘦 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵𝘴 𝘵𝘩𝘢𝘵 𝘩𝘢𝘷𝘦 𝘯𝘰𝘵 𝘺𝘦𝘵 𝘣𝘦𝘦𝘯 𝘴𝘦𝘵𝘵𝘭𝘦𝘥. 𝘐𝘯 𝘢 𝘧𝘶𝘵𝘶𝘳𝘦𝘴 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵, 𝘧𝘰𝘳 𝘦𝘷𝘦𝘳𝘺 𝘴𝘦𝘭𝘭𝘦𝘳, 𝘢 𝘣𝘶𝘺𝘦𝘳 𝘪𝘴 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘥 𝘵𝘰 𝘴𝘦𝘵𝘵𝘭𝘦 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵. The memecoin frenzy has been the buzz of the crypto community this bull season. Pepe and WIF have surged into the top 20 […]

Memecoins Reign Supreme: CoinGecko Reveals Most Profitable Crypto Narrative Of Q1

Categories
AI, Crypto

In the first quarter of 2024 (Q1), memecoins emerged as the most profitable crypto narrative, delivering massive average returns of 1312.6% across its top tokens, according to a recent study and report conducted by CoinGecko. 𝘛𝘩𝘪𝘴 𝘧𝘪𝘨𝘶𝘳𝘦 𝘧𝘢𝘳 𝘴𝘶𝘳𝘱𝘢𝘴𝘴𝘦𝘥 𝘵𝘩𝘦 𝘳𝘦𝘵𝘶𝘳𝘯𝘴 𝘰𝘧 𝘰𝘵𝘩𝘦𝘳 𝘯𝘢𝘳𝘳𝘢𝘵𝘪𝘷𝘦𝘴, 𝘩𝘪𝘨𝘩𝘭𝘪𝘨𝘩𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘱𝘰𝘱𝘶𝘭𝘢𝘳𝘪𝘵𝘺 𝘢𝘯𝘥 𝘧𝘳𝘦𝘯𝘻𝘺 𝘴𝘶𝘳𝘳𝘰𝘶𝘯𝘥𝘪𝘯𝘨 𝘮𝘦𝘮𝘦𝘤𝘰𝘪𝘯𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺 […]

Assessing Blockchain Profitability: A Deep Dive into Ethereum, Bitcoin, and Solana

Categories
Bitcoin, Crypto

𝗪𝗲 𝘀𝗵𝗼𝘂𝗹𝗱 𝘀𝘁𝗼𝗽 𝗷𝘂𝗱𝗴𝗶𝗻𝗴 𝗯𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻𝘀 𝗼𝗻𝗹𝘆 𝗯𝘆 𝘁𝗵𝗲𝗶𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽. Instead, we should also look at their profit & loss statement. That’s because P&L is the right metric indicating the maturity of the chain. And how far it is from breaking even and achieving long-term sustainability. Here’s how the top 3 chains are faring so […]

AI Tokens Beat Bitcoin – Crypto Market’s New Favorite

Categories
AI, Crypto

With Bitcoin reaching a new ATH (all-time high) in March 2024, the crypto market has truly entered a bullish cycle. The SEC’s approval of Bitcoin ETFs, growing interest from institutional investors and regulatory clarity have pushed BTC over 150% since last year. Yet, Bitcoin’s rally in this bull market is largely overshadowed by the remarkable […]

Bitcoin’s Inevitable Supply Shock: A Dive into the Metrics

Categories
Bitcoin

Within the financial world, Bitcoin remains a polarizing topic, continuously drawing market attention. But beneath the allure, Bitcoin narrates a sophisticated tale of methodical scarcity, refined technology, and a seismic shift in asset allocation strategies. With over a decade spent in the crypto world, I recognize that Bitcoin is approaching a watershed event, a supply […]

Render (RNDR) and GRT: Crypto AI Tokens Surge Amidst Bitcoin Rally

Categories
AI, Bitcoin, Crypto

The cryptocurrency world is off to a roaring start in 2024, with Bitcoin breaching the $42,000 mark and registering a remarkable 7% gain in the last 24 hours. However, there’s more to this crypto narrative than just Bitcoin’s resurgence. AI Tokens Rise to Prominence: While Bitcoin takes the spotlight, certain crypto tokens, closely tied to […]