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 Crypto protocols recover 674M Jupiter DEX memecoin frenzy Finance Redefined

Crypto protocols recover 674M Jupiter DEX memecoin frenzy Finance Redefined


Published: 2024-02-03


1. Main Topics: a) Protocols Recover $674M: The article highlights the recovery of a staggering $674 million by various protocols in the cryptocurrency industry. These protocols had faced security breaches and hacks in the past,resulting in significant losses. However,they have successfully managed to regain a substantial portion of the funds,showcasing the resilience and effectiveness of the decentralized finance (DeFi) ecosystem. b) Jupiter DEX: The article dives into the frenzy around Jupiter DEX,a decentralized exchange (DEX) that has gained significant attention in the cryptocurrency community. Jupiter DEX aims to provide users with a seamless trading experience and offers innovative features like low slippage and advanced order book management. The platform's popularity has surged,making it a top contender in the DeFi space. c) Memecoin Frenzy: The article sheds light on the rising trend of memecoins in the cryptocurrency market. Memecoins,as the name suggests,are cryptocurrencies that draw their inspiration from internet memes. While some memecoins have gained immense popularity and traction,others have proven to be mere speculative assets. The article discusses the impact of the memecoin frenzy on the broader cryptocurrency ecosystem and explores the potential risks and rewards associated with investing in such assets.

2. Details: a) Protocols Recover $674M: Various decentralized protocols have been able to recover a substantial $674 million following security breaches and hacks. This exemplifies the robustness and resilience of the DeFi ecosystem,demonstrating that decentralized finance can overcome adversity and restore lost funds. The recovery of such a significant amount strengthens confidence in the potential of blockchain technology and further highlights the importance of strong security measures within the crypto industry. b) Jupiter DEX: Jupiter DEX is emerging as a leading decentralized exchange,offering users a unique trading experience. With its low slippage and advanced order book management features,the platform aims to provide efficient trading opportunities for cryptocurrency enthusiasts. The increasing popularity of Jupiter DEX indicates a growing demand for decentralized exchanges that prioritize user experience and enhance liquidity in the DeFi market. c) Memecoin Frenzy: The rise of memecoins has become a noticeable phenomenon in the cryptocurrency market. These memecoin projects leverage the viral nature of internet memes to attract attention and gain traction. Some memecoins have witnessed a surge in their market value,providing substantial returns for early investors. However,the high volatility and speculative nature of memecoins pose significant risks for investors,as the value of these assets can plummet just as quickly as they rise. It is crucial for investors to exercise caution and conduct thorough research before engaging in memecoin investments. (Note: Each topic has been numbered for clarity.)


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 65,311.00 1,963,253,865.24
2 ARS title=ARS 1,092.40 1,435,694,196.00
3 ETH title=ETH 2,950.88 824,405,756.99
4 SOL title=SOL 161.46 631,241,703.00
5 PEPE title=PEPE <0.01 400,626,449.78
6 BOME title=BOME 0.01 290,328,547.58
7 WIF title=WIF 2.85 197,110,755.72
8 DOGE title=DOGE 0.15 194,987,207.70
9 XRP title=XRP 0.52 163,688,190.62
10 PEOPLE title=PEOPLE 0.05 154,049,164.06
11 RUNE title=RUNE 6.51 149,995,211.39
12 FTM title=FTM 0.81 143,609,524.84
13 NEAR title=NEAR 8.05 140,583,657.25
14 FLOKI title=FLOKI <0.01 131,880,940.85
15 LINK title=LINK 15.57 114,766,661.16
16 ENA title=ENA 0.68 106,938,214.37
17 BONK title=BONK <0.01 99,836,417.96
18 RNDR title=RNDR 10.06 98,038,283.23
19 JTO title=JTO 4.58 89,372,677.54
20 AEVO title=AEVO 0.80 78,047,368.24
21 WLD title=WLD 4.88 75,672,049.21
22 SUI title=SUI 1.02 64,470,700.30
23 SEI title=SEI 0.54 51,387,184.03
24 AVAX title=AVAX 34.50 47,686,166.18
25 ORDI title=ORDI 37.02 42,619,986.66
26 ADA title=ADA 0.46 42,319,174.78
27 JUP title=JUP 1.15 40,562,674.13
28 STX title=STX 1.94 39,964,364.76

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Chainlink title=LINK 15.57 +12.50
2 Loom Network (NEW) title=LOOM 0.09 +8.92
3 Fantom title=FTM 0.81 +6.80
4 API3 title=API3 2.48 +5.14
5 Biconomy title=BICO 0.48 +4.81
6 BEAMX title=BEAMX 0.03 +4.80
7 Vanar Chain title=VANRY 0.19 +4.79
8 Jito title=JTO 4.58 +4.54
9 Ethernity Chain title=ERN 4.46 +4.26
10 Conflux title=CFX 0.22 +4.11
11 Sui title=SUI 1.02 +4.08
12 Theta Network title=THETA 2.19 +3.93
13 Sei title=SEI 0.54 +3.55
14 Vulcan Forged title=PYR 4.40 +3.24
15 0x Protocol title=ZRX 0.49 +3.11
16 THORChain title=RUNE 6.51 +3.09
17 Immutable title=IMX 2.45 +2.64
18 Polymesh title=POLYX 0.40 +2.61
19 Alchemy Pay title=ACH 0.03 +2.59
20 Reserve Rights title=RSR <0.01 +2.54
21 Celestia title=TIA 9.10 +2.48
22 Enzyme title=MLN 21.39 +2.44
23 Neutron title=NTRN 0.68 +2.39
24 Hifi Finance title=HIFI 0.79 +2.36
25 Zcash title=ZEC 23.74 +2.20
26 Celo title=CELO 0.82 +2.18
27 Metal DAO title=MTL 1.88 +2.12
28 Chromia title=CHR 0.34 +2.12
29 High title=HIGH 4.89 +2.11
30 Lisk title=LSK 1.96 +2.09

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Stacks title=STX 1.94 -10.09
2 Ethena title=ENA 0.68 -8.33
3 Starknet title=STRK 1.10 -7.54
4 Renzo title=REZ 0.11 -7.07
5 dogwifhat title=WIF 2.85 -6.86
6 VeThor title=VTHO <0.01 -6.81
7 Ether.fi title=ETHFI 3.28 -6.72
8 Keep3rV1 title=KP3R 73.39 -5.97
9 Pyth Network title=PYTH 0.43 -5.86
10 CyberConnect title=CYBER 7.38 -5.70
11 W 0.54 -5.61
12 Badger title=BADGER 4.10 -5.55
13 Pixels title=PIXEL 0.35 -5.51
14 Render title=RNDR 10.06 -5.34
15 BakerySwap title=BAKE 0.27 -5.33
16 DataBot title=DATA 0.05 -5.29
17 Ampleforth Governance title=FORTH 3.89 -5.26
18 BENQI title=QI 0.02 -5.25
19 ConstitutionDAO title=PEOPLE 0.05 -5.24
20 FIO Protocol title=FIO 0.03 -5.23
21 Bonfida title=FIDA 0.28 -5.17
22 Axelar title=AXL 1.00 -5.11
23 Bluzelle title=BLZ 0.36 -5.02
24 Illuvium title=ILV 81.09 -4.92
25 Smooth Love Potion title=SLP <0.01 -4.91
26 1000SATS (Ordinals) title=1000SATS <0.01 -4.72
27 ORDI title=ORDI 37.02 -4.64
28 Rocket Pool title=RPL 19.71 -4.60
29 Optimism title=OP 2.37 -4.55
30 Saga title=SAGA 2.16 -4.55

Bitcoin's Greed and Fear Index.

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74
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Reentrancy attacks in smart contracts explained 2024-05-16
2 Tether TON team up with mobile app for USDT to fiat transactions 2024-05-16
3 Were just scratching the surface of crypto and AI Microsoft exec 2024-05-16
4 Regulatory crackdown spawns anti SEC 039CultureCoin039 2024-05-16
5 Animoca Brands leads 7M funding round for Param Labs 2024-05-16
6 Bitcoin shrugs off US jobs data as BTC price gives up 66K support 2024-05-16
7 OpenAIs iPhone moment trumps Google AI lies porn and dating AI Eye 2024-05-16
8 Crypto VCs are back in action amid market rally 2024-05-16
9 Ex Alameda Research co CEO calls for fair sentencing of Ryan Salame 2024-05-16
10 M2 money supply 039holds the key039 for Bitcoin039s next move Market analyst 2024-05-16
11 Mastercard Standard Chartered test tokenized deposit transaction 2024-05-16
12 First US Presidential debate planned for June 27 Will crypto be on the agenda 2024-05-16
13 Mastercard launches next generation of blockchain payments startup program 2024-05-16
14 SEC custody rule made crypto regulation a political football Rep Nickel 2024-05-16
15 FTX repayments could create bullish overhang for crypto markets K33 Research 2024-05-16
16 Bitcoin crosses 66K as traders eye 2 key indicators for 70K target 2024-05-16
17 Vanguards new boss says Bitcoin ETF not on the table Report 2024-05-16
18 Blockchain ID project Humanity Protocol hits unicorn status with 30M raise 2024-05-16
19 Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims 2024-05-16
20 Worldcoin beefs up security by open sourcing biometric data system 2024-05-15
21 Does Trump care about crypto Bitcoin is latest battleground in US election 2024-05-15
22 Binance backed pSTAKE Finance launches Bitcoin liquid staking solution 2024-05-15
23 Small creditors put at risk by latest FTX bankruptcy development 2024-05-15
24 Bitcoin price taps 647K as US CPI shows core inflation at 3 year low 2024-05-15
25 How to bridge to zkSync 2024-05-15
26 Forget memecoins Bitcoin is driving the bull run NBX Warsaw 2024-05-15
27 UK cannabis millionaires legal deals on wheels via crypto 2024-05-15
28 Crypto trader turns 3K into 46M in one month as PEPE price soars 2024-05-15
29 Two brothers manipulated Ethereum protocols to steal 25M Justice Dept 2024-05-15
30 Filing suggests SEC is exploring grounds to deny spot Ether ETFs 2024-05-15
31 Crypto investment funds intake 130M while filings reveal new spot BTC ETF purchasers 2024-05-15
32 SEC tries again for Debt Box suit dismissal with option to refile 2024-05-15
33 Heres why US debt is out of control and Japanese debt isnt 2024-05-15
34 UK closes trust me bro crypto firm that gave horrible advice to clients 2024-05-15
35 Bitcoin will stay in 55K to 75K zone for now Novogratz 2024-05-15
36 Cypher core contributor admits to stealing 260K and gambling it away 2024-05-15
37 OpenAI co founder and chief scientist departs AI firm 2024-05-15
38 Layer 3 network Degen Chain hasnt produced a block in 53 hours 2024-05-15
39 Degens pumped GameStop memecoins because they039re bored Traders 2024-05-15
40 Vanguard names Bitcoin friendly former BlackRock exec as new CEO 2024-05-15
41 Deutsche Bank joins Singapore039s asset tokenization project 2024-05-14
42 Pre launch token trading 20 times more volatile than post launch trading Keyrock 2024-05-14
43 DeFi may struggle to stay decentralized after new EU law 2024-05-14
44 Bitcoin braces for Fed039s Powell as trader says 65K key BTC price level 2024-05-14
45 Regulators are cracking down on financial privacy but ZK proofs can help 2024-05-14
46 Peter Thiel039s Founders Fund invests 70M in election betting platform 2024-05-14
47 Former CFTC Chair Chris Giancarlo joins Paxos board 2024-05-14
48 AI could screw gaming economy The Voice Coach Battle Axies Web3 Gamer 2024-05-14
49 Unofficial GameStop memecoin surpasses 100M in market cap 2024-05-14
50 CoinShares posts record revenue in Q1 backed by markets Bitcoin ETFs 2024-05-14

US news that has a significant impact on the market

at news day date time
1 FOMC Member Bostic Speaks Thursday 16-05-2024 20:50
2 CB Leading Index m/m Friday 17-05-2024 15:00
3 FOMC Member Waller Speaks Friday 17-05-2024 15:15
4 FOMC Member Daly Speaks Friday 17-05-2024 17:15
5 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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